Avalon Trust 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
Estimated average burden
hours per response:		23.8

COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
374WATER INC	COM	88583P104	4,260	3,000	SH		SOLE	Avalon Trust	0	0	3,000
3M CO	COM	88579Y101	349,824	3,200	SH		SOLE	Avalon Trust	0	0	3,200
ABBOTT LABS	COM	002824100	662,952	6,023	SH		SOLE	Avalon Trust	0	0	6,023
ABBVIE INC	COM	00287Y109	627,629	4,050	SH		SOLE	Avalon Trust	0	0	4,050
ABRDN GLOBAL INFRA INCOME FU	COM SHS BEN INT	00326W106	47,685	2,658	SH		SOLE	Avalon Trust	0	0	2,658
ACCENTURE PLC IRELAND	SHS CLASS A	G1151C101	304,941	869	SH		SOLE	Avalon Trust	0	0	869
ADOBE INC	COM	00724F101	17,253,672	28,920	SH		SOLE	Avalon Trust	0	0	28,920
ADVANCED DRAIN SYS INC DEL	COM	00790R104	37,973	270	SH		SOLE	Avalon Trust	0	0	270
ADVANCED MICRO DEVICES INC	COM	007903107	3,686	25	SH		SOLE	Avalon Trust	0	0	25
AES CORP	COM	00130H105	192,500	10,000	SH		SOLE	Avalon Trust	0	0	10,000
AIR PRODS & CHEMS INC	COM	009158106	152,781	558	SH		SOLE	Avalon Trust	0	0	558
AIRBNB INC	COM CL A	009066101	10,211	75	SH		SOLE	Avalon Trust	0	0	75
ALBERTSONS COS INC	COMMON STOCK	013091103	10,350	450	SH		SOLE	Avalon Trust	0	0	450
ALCON AG	ORD SHS	H01301128	23,436	300	SH		SOLE	Avalon Trust	0	0	300
ALIBABA GROUP HLDG LTD	SPONSORED ADS	01609W102	7,751	100	SH		SOLE	Avalon Trust	0	0	100
ALIGN TECHNOLOGY INC	COM	016255101	68,500	250	SH		SOLE	Avalon Trust	0	0	250
ALLSTATE CORP	COM	020002101	4,200	30	SH		SOLE	Avalon Trust	0	0	30
ALPHA TAU MEDICAL LTD	*W EXP 03/07/202	M0740A116	2,793	14,500	SH		SOLE	Avalon Trust	0	0	14,500
ALPHABET INC	CAP STK CL A	02079K305	13,111,025	93,858	SH		SOLE	Avalon Trust	0	0	93,858
ALPHABET INC	CAP STK CL C	02079K107	64,806,661	459,850	SH		SOLE	Avalon Trust	0	0	459,850
AMALGAMATED FINANCIAL CORP	COM	022671101	1,440,752	53,480	SH		SOLE	Avalon Trust	0	0	53,480
AMAZON COM INC	COM	023135106	55,997,184	368,548	SH		SOLE	Avalon Trust	0	0	368,548
AMEREN CORP	COM	023608102	44,417	614	SH		SOLE	Avalon Trust	0	0	614
AMERICAN ELEC PWR CO INC	COM	025537101	58,641	722	SH		SOLE	Avalon Trust	0	0	722
AMERICAN EXPRESS CO	COM	025816109	140,693	751	SH		SOLE	Avalon Trust	0	0	751
AMERICAN INTL GROUP INC	COM NEW	026874784	8,469	125	SH		SOLE	Avalon Trust	0	0	125
AMERICAN TOWER CORP NEW	COM	03027X100	15,835,230	73,352	SH		SOLE	Avalon Trust	0	0	73,352
AMGEN INC	COM	031162100	57,604	200	SH		SOLE	Avalon Trust	0	0	200
ANALOG DEVICES INC	COM	032654105	5,886,312	29,645	SH		SOLE	Avalon Trust	0	0	29,645
AON PLC	SHS CL A	G0403H108	13,563,279	46,606	SH		SOLE	Avalon Trust	0	0	46,606
APPLE INC	COM	037833100	83,389,908	433,127	SH		SOLE	Avalon Trust	0	0	433,127
APTIV PLC	SHS	G6095L109	7,041,675	78,485	SH		SOLE	Avalon Trust	0	0	78,485
ARCH CAP GROUP LTD	ORD	G0450A105	9,284	125	SH		SOLE	Avalon Trust	0	0	125
ARK RESTAURANTS CORP	COM	040712101	112,560	8,000	SH		SOLE	Avalon Trust	0	0	8,000
ARRAY TECHNOLOGIES INC	COM SHS	04271T100	399,000	23,750	SH		SOLE	Avalon Trust	0	0	23,750
ASML HOLDING N V	N Y REGISTRY SHS	N07059210	29,520	39	SH		SOLE	Avalon Trust	0	0	39
ASTRAZENECA PLC	SPONSORED ADR	046353108	239,093	3,550	SH		SOLE	Avalon Trust	0	0	3,550
AT&T INC	COM	00206R102	28,191	1,680	SH		SOLE	Avalon Trust	0	0	1,680
AUTODESK INC	COM	052769106	67,931	279	SH		SOLE	Avalon Trust	0	0	279
AUTOMATIC DATA PROCESSING IN	COM	053015103	438,683	1,883	SH		SOLE	Avalon Trust	0	0	1,883
AUTONATION INC	COM	05329W102	31,688	211	SH		SOLE	Avalon Trust	0	0	211
AVALONBAY CMNTYS INC	COM	053484101	13,242,071	70,730	SH		SOLE	Avalon Trust	0	0	70,730
BANK AMERICA CORP	COM	060505104	97,509	2,896	SH		SOLE	Avalon Trust	0	0	2,896
BAXTER INTL INC	COM	071813109	2,410	62	SH		SOLE	Avalon Trust	0	0	62
BERKSHIRE HATHAWAY INC DEL	CL A	084670108	20,619,752	38	SH		SOLE	Avalon Trust	0	0	38
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	34,266,467	96,076	SH		SOLE	Avalon Trust	0	0	96,076
BEYOND MEAT INC	COM	08862E109	873	98	SH		SOLE	Avalon Trust	0	0	98
BIO-TECHNE CORP	COM	09073M104	45,988	596	SH		SOLE	Avalon Trust	0	0	596
BLACKROCK INC	COM	09247X101	64,944	80	SH		SOLE	Avalon Trust	0	0	80
BLACKSTONE INC	COM	09260D107	82,873	633	SH		SOLE	Avalon Trust	0	0	633
BLOOM ENERGY CORP	COM CL A	093712107	3,908,444	264,084	SH		SOLE	Avalon Trust	0	0	264,084
BOEING CO	COM	097023105	9,384	36	SH		SOLE	Avalon Trust	0	0	36
BOSTON SCIENTIFIC CORP	COM	101137107	17,054	295	SH		SOLE	Avalon Trust	0	0	295
BRISTOL-MYERS SQUIBB CO	COM	110122108	26,733	521	SH		SOLE	Avalon Trust	0	0	521
BROADCOM INC	COM	11135F101	48,876,123	43,786	SH		SOLE	Avalon Trust	0	0	43,786
BROOKFIELD ASSET MANAGMT LTD	CL A LMT VTG SHS	113004105	82,831	2,062	SH		SOLE	Avalon Trust	0	0	2,062
BROOKFIELD CORP	CL A LTD VT SH	11271J107	330,910	8,248	SH		SOLE	Avalon Trust	0	0	8,248
BROOKFIELD INFRAST PARTNERS	LP INT UNIT	G16252101	6,969,682	221,330	SH		SOLE	Avalon Trust	0	0	221,330
BROOKFIELD INFRASTRUCTURE CO	COM SB VTG SHS A	11275Q107	5,858,844	166,067	SH		SOLE	Avalon Trust	0	0	166,067
BROOKLINE BANCORP INC DEL	COM	11373M107	218,200	20,000	SH		SOLE	Avalon Trust	0	0	20,000
CANADIAN NATL RY CO	COM	136375102	1,480,424	11,784	SH		SOLE	Avalon Trust	0	0	11,784
CARMAX INC	COM	143130102	49,881	650	SH		SOLE	Avalon Trust	0	0	650
CATERPILLAR INC	COM	149123101	141,922	480	SH		SOLE	Avalon Trust	0	0	480
CENCORA INC	COM	03073E105	264,941	1,290	SH		SOLE	Avalon Trust	0	0	1,290
CERENCE INC	COM	156727109	4,915	250	SH		SOLE	Avalon Trust	0	0	250
CF INDS HLDGS INC	COM	125269100	715,500	9,000	SH		SOLE	Avalon Trust	0	0	9,000
CHEGG INC	COM	163092109	11,360	1,000	SH		SOLE	Avalon Trust	0	0	1,000
CHEVRON CORP NEW	COM	166764100	207,079	1,388	SH		SOLE	Avalon Trust	0	0	1,388
CHUBB LIMITED	COM	H1467J104	105,316	466	SH		SOLE	Avalon Trust	0	0	466
CHURCH & DWIGHT CO INC	COM	171340102	22,979	243	SH		SOLE	Avalon Trust	0	0	243
CINCINNATI FINL CORP	COM	172062101	22,244	215	SH		SOLE	Avalon Trust	0	0	215
CISCO SYS INC	COM	17275R102	304,131	6,020	SH		SOLE	Avalon Trust	0	0	6,020
CITIGROUP INC	COM NEW	172967424	20,576	400	SH		SOLE	Avalon Trust	0	0	400
CLEAN ENERGY FUELS CORP	COM	184499101	1,379	360	SH		SOLE	Avalon Trust	0	0	360
CLEARWAY ENERGY INC	CL C	18539C204	47,043	1,715	SH		SOLE	Avalon Trust	0	0	1,715
COCA COLA CO	COM	191216100	172,400	2,926	SH		SOLE	Avalon Trust	0	0	2,926
COCA-COLA FEMSA SAB DE CV	SPONSORD ADR REP	191241108	19,496	206	SH		SOLE	Avalon Trust	0	0	206
COLGATE PALMOLIVE CO	COM	194162103	55,160	692	SH		SOLE	Avalon Trust	0	0	692
COMCAST CORP NEW	CL A	20030N101	23,241	530	SH		SOLE	Avalon Trust	0	0	530
COMPLETE SOLARIA INC	COM	20460L104	84	52	SH		SOLE	Avalon Trust	0	0	52
CONAGRA BRANDS INC	COM	205887102	1,262	44	SH		SOLE	Avalon Trust	0	0	44
COOPER COS INC	COM NEW	216648402	9,461	25	SH		SOLE	Avalon Trust	0	0	25
COPART INC	COM	217204106	39,200	800	SH		SOLE	Avalon Trust	0	0	800
COSTAR GROUP INC	COM	22160N109	13,371	153	SH		SOLE	Avalon Trust	0	0	153
COSTCO WHSL CORP NEW	COM	22160K105	1,514,884	2,295	SH		SOLE	Avalon Trust	0	0	2,295
CROWN CASTLE INC	COM	22822V101	117,494	1,020	SH		SOLE	Avalon Trust	0	0	1,020
CSX CORP	COM	126408103	13,626	393	SH		SOLE	Avalon Trust	0	0	393
CUMMINS INC	COM	231021106	95,828	400	SH		SOLE	Avalon Trust	0	0	400
CVS HEALTH CORP	COM	126650100	23,749,984	300,785	SH		SOLE	Avalon Trust	0	0	300,785
CYBIN INC	COM	23256X100	3,075	7,500	SH		SOLE	Avalon Trust	0	0	7,500
D R HORTON INC	COM	23331A109	2,203,710	14,500	SH		SOLE	Avalon Trust	0	0	14,500
DANAHER CORPORATION	COM	235851102	14,773,373	63,860	SH		SOLE	Avalon Trust	0	0	63,860
DARDEN RESTAURANTS INC	COM	237194105	7,723	47	SH		SOLE	Avalon Trust	0	0	47
DBX ETF TR	XTRACKERS RUSSEL	233051481	28,570	600	SH		SOLE	Avalon Trust	0	0	600
DEXCOM INC	COM	252131107	27,300	220	SH		SOLE	Avalon Trust	0	0	220
DIGITAL RLTY TR INC	COM	253868103	56,120	417	SH		SOLE	Avalon Trust	0	0	417
DISNEY WALT CO	COM	254687106	10,085,213	111,698	SH		SOLE	Avalon Trust	0	0	111,698
DLOCAL LTD	CLASS A COM	G29018101	20,981	1,186	SH		SOLE	Avalon Trust	0	0	1,186
DOLLAR GEN CORP NEW	COM	256677105	2,040	15	SH		SOLE	Avalon Trust	0	0	15
DOMINION ENERGY INC	COM	25746U109	27,712	590	SH		SOLE	Avalon Trust	0	0	590
DREAM FINDERS HOMES INC	COM CL A	26154D100	48,428	1,363	SH		SOLE	Avalon Trust	0	0	1,363
DROPBOX INC	CL A	26210C104	38,885	1,319	SH		SOLE	Avalon Trust	0	0	1,319
DUKE ENERGY CORP NEW	COM NEW	26441C204	77,632	800	SH		SOLE	Avalon Trust	0	0	800
E L F BEAUTY INC	COM	26856L103	87,038	603	SH		SOLE	Avalon Trust	0	0	603
EATON CORP PLC	SHS	G29183103	48,164	200	SH		SOLE	Avalon Trust	0	0	200
EBAY INC.	COM	278642103	13,086	300	SH		SOLE	Avalon Trust	0	0	300
ECOLAB INC	COM	278865100	178,515	900	SH		SOLE	Avalon Trust	0	0	900
EDWARDS LIFESCIENCES CORP	COM	28176E108	203,969	2,675	SH		SOLE	Avalon Trust	0	0	2,675
ELEVANCE HEALTH INC	COM	036752103	188,624	400	SH		SOLE	Avalon Trust	0	0	400
ELI LILLY & CO	COM	532457108	580,006	995	SH		SOLE	Avalon Trust	0	0	995
EMERSON ELEC CO	COM	291011104	126,529	1,300	SH		SOLE	Avalon Trust	0	0	1,300
ENERGY TRANSFER L P	COM UT LTD PTN	29273V100	4,416	320	SH		SOLE	Avalon Trust	0	0	320
EQUINIX INC	COM	29444U700	4,027	5	SH		SOLE	Avalon Trust	0	0	5
EQUINOR ASA	SPONSORED ADR	29446M102	40,690	1,286	SH		SOLE	Avalon Trust	0	0	1,286
ETF SER SOLUTIONS	DEFIANCE NEXT	26922A289	3,585	100	SH		SOLE	Avalon Trust	0	0	100
EXPEDITORS INTL WASH INC	COM	302130109	165,360	1,300	SH		SOLE	Avalon Trust	0	0	1,300
EXXON MOBIL CORP	COM	30231G102	83,884	839	SH		SOLE	Avalon Trust	0	0	839
FEDERAL RLTY INVT TR NEW	SH BEN INT NEW	313745101	51,525	500	SH		SOLE	Avalon Trust	0	0	500
FEDEX CORP	COM	31428X106	202,376	800	SH		SOLE	Avalon Trust	0	0	800
FERGUSON PLC NEW	SHS	G3421J106	49,619	257	SH		SOLE	Avalon Trust	0	0	257
FIDELITY COVINGTON TRUST	MSCI UTILS INDEX	316092865	11,646	285	SH		SOLE	Avalon Trust	0	0	285
FIRST SOLAR INC	COM	336433107	14,002,230	81,276	SH		SOLE	Avalon Trust	0	0	81,276
FORTINET INC	COM	34959E109	65,261	1,115	SH		SOLE	Avalon Trust	0	0	1,115
FREEPORT-MCMORAN INC	CL B	35671D857	85,694	2,013	SH		SOLE	Avalon Trust	0	0	2,013
FTAI AVIATION LTD	SHS	G3730V105	6,960	150	SH		SOLE	Avalon Trust	0	0	150
FTAI INFRASTRUCTURE INC	COMMON STOCK	35953C106	584	150	SH		SOLE	Avalon Trust	0	0	150
GE HEALTHCARE TECHNOLOGIES I	COMMON STOCK	36266G107	3,171	41	SH		SOLE	Avalon Trust	0	0	41
GENERAL ELECTRIC CO	COM NEW	369604301	15,954	125	SH		SOLE	Avalon Trust	0	0	125
GENERAL MLS INC	COM	370334104	605,737	9,299	SH		SOLE	Avalon Trust	0	0	9,299
GENERAL MTRS CO	COM	37045V100	215,520	6,000	SH		SOLE	Avalon Trust	0	0	6,000
GLOBAL X FDS	RBTCS ARTFL INTE	37954Y715	23,484	824	SH		SOLE	Avalon Trust	0	0	824
GOLDMAN SACHS GROUP INC	COM	38141G104	713,675	1,850	SH		SOLE	Avalon Trust	0	0	1,850
GRUPO AEROPORTUARIO DEL CENT	SPON ADR	400501102	19,381	229	SH		SOLE	Avalon Trust	0	0	229
HANNON ARMSTRONG SUST INFR C	COM	41068X100	4,403,147	159,650	SH		SOLE	Avalon Trust	0	0	159,650
HELIOS TECHNOLOGIES INC	COM	42328H109	18,140	400	SH		SOLE	Avalon Trust	0	0	400
HOME DEPOT INC	COM	437076102	517,746	1,494	SH		SOLE	Avalon Trust	0	0	1,494
HONEYWELL INTL INC	COM	438516106	12,583	60	SH		SOLE	Avalon Trust	0	0	60
HUNTINGTON INGALLS INDS INC	COM	446413106	284,566	1,096	SH		SOLE	Avalon Trust	0	0	1,096
HYDROFARM HLDGS GROUP INC	COM	44888K209	918	1,000	SH		SOLE	Avalon Trust	0	0	1,000
IAC INC	COM NEW	44891N208	94,284	1,800	SH		SOLE	Avalon Trust	0	0	1,800
IDACORP INC	COM	451107106	49,160	500	SH		SOLE	Avalon Trust	0	0	500
IDEXX LABS INC	COM	45168D104	27,753	50	SH		SOLE	Avalon Trust	0	0	50
INTEL CORP	COM	458140100	55,527	1,105	SH		SOLE	Avalon Trust	0	0	1,105
INTERCONTINENTAL EXCHANGE IN	COM	45866F104	6,422	50	SH		SOLE	Avalon Trust	0	0	50
INTERNATIONAL BUSINESS MACHS	COM	459200101	255,302	1,561	SH		SOLE	Avalon Trust	0	0	1,561
INTUIT	COM	461202103	98,130	157	SH		SOLE	Avalon Trust	0	0	157
INTUITIVE SURGICAL INC	COM NEW	46120E602	237,165	703	SH		SOLE	Avalon Trust	0	0	703
INVESCO EXCH TRADED FD TR II	S&P500 LOW VOL	46138E354	171,062	2,730	SH		SOLE	Avalon Trust	0	0	2,730
INVESCO EXCHANGE TRADED FD T	INVESCO MSCI	46137V407	43,599	923	SH		SOLE	Avalon Trust	0	0	923
INVESCO EXCHANGE TRADED FD T	WATER RES ETF	46137V142	55,383	910	SH		SOLE	Avalon Trust	0	0	910
INVESCO QQQ TR	UNIT SER 1	46090E103	111,799	273	SH		SOLE	Avalon Trust	0	0	273
ISHARES TR	BLACKROCK ULTRA	46434V878	219,066	4,350	SH		SOLE	Avalon Trust	0	0	4,350
ISHARES TR	CORE HIGH DV ETF	46429B663	30,597	300	SH		SOLE	Avalon Trust	0	0	300
ISHARES TR	CORE S&P MCP ETF	464287507	91,737	331	SH		SOLE	Avalon Trust	0	0	331
ISHARES TR	CORE S&P500 ETF	464287200	90,750	190	SH		SOLE	Avalon Trust	0	0	190
ISHARES TR	ISHARES BIOTECH	464287556	16,995,922	125,108	SH		SOLE	Avalon Trust	0	0	125,108
ISHARES TR	ISHARES SEMICDTR	464287523	28,992,233	50,325	SH		SOLE	Avalon Trust	0	0	50,325
ISHARES TR	MORNINGSTR US EQ	464287127	111,398	1,694	SH		SOLE	Avalon Trust	0	0	1,694
ISHARES TR	MRGSTR MD CP GRW	464288307	361,243	5,605	SH		SOLE	Avalon Trust	0	0	5,605
ISHARES TR	MSCI USA MIN VOL	46429B697	459,753	5,892	SH		SOLE	Avalon Trust	0	0	5,892
ISHARES TR	MSCI USA QLT FCT	46432F339	20,747	141	SH		SOLE	Avalon Trust	0	0	141
ISHARES TR	RUS MID CAP ETF	464287499	178,779	2,300	SH		SOLE	Avalon Trust	0	0	2,300
ISHARES TR	RUSSELL 2000 ETF	464287655	397,607	1,981	SH		SOLE	Avalon Trust	0	0	1,981
ISHARES TR	S&P SML 600 GWT	464287887	13,516	108	SH		SOLE	Avalon Trust	0	0	108
ISHARES TR	SELECT DIVID ETF	464287168	23,444	200	SH		SOLE	Avalon Trust	0	0	200
ISHARES TR	U S EQUITY FACTR	46434V282	28,009	580	SH		SOLE	Avalon Trust	0	0	580
ISHARES TR	U.S. MED DVC ETF	464288810	64,764	1,200	SH		SOLE	Avalon Trust	0	0	1,200
ISHARES TR	US INDUSTRIALS	464287754	4,575	40	SH		SOLE	Avalon Trust	0	0	40
JABIL INC	COM	466313103	89,563	703	SH		SOLE	Avalon Trust	0	0	703
JOHNSON & JOHNSON	COM	478160104	8,934,913	57,005	SH		SOLE	Avalon Trust	0	0	57,005
JPMORGAN CHASE & CO	COM	46625H100	750,652	4,413	SH		SOLE	Avalon Trust	0	0	4,413
KELLANOVA	COM	487836108	4,082	73	SH		SOLE	Avalon Trust	0	0	73
KIMBERLY-CLARK CORP	COM	494368103	106,322	875	SH		SOLE	Avalon Trust	0	0	875
KKR & CO INC	COM	48251W104	23,530	284	SH		SOLE	Avalon Trust	0	0	284
KORNIT DIGITAL LTD	SHS	M6372Q113	729,230	38,060	SH		SOLE	Avalon Trust	0	0	38,060
KRAFT HEINZ CO	COM	500754106	16,641	450	SH		SOLE	Avalon Trust	0	0	450
KROGER CO	COM	501044101	109,704	2,400	SH		SOLE	Avalon Trust	0	0	2,400
KYMERA THERAPEUTICS INC	COM	501575104	12,730	500	SH		SOLE	Avalon Trust	0	0	500
KYNDRYL HLDGS INC	COMMON STOCK	50155Q100	4,073	196	SH		SOLE	Avalon Trust	0	0	196
LAM RESEARCH CORP	COM	512807108	43,863	56	SH		SOLE	Avalon Trust	0	0	56
LAUDER ESTEE COS INC	CL A	518439104	5,850	40	SH		SOLE	Avalon Trust	0	0	40
LENNAR CORP	CL A	526057104	1,564,920	10,500	SH		SOLE	Avalon Trust	0	0	10,500
LINDE PLC	SHS	G54950103	16,921,252	41,200	SH		SOLE	Avalon Trust	0	0	41,200
LIONS GATE ENTMNT CORP	CL A VTG	535919401	10,900	1,000	SH		SOLE	Avalon Trust	0	0	1,000
LIVE NATION ENTERTAINMENT IN	COM	538034109	121,680	1,300	SH		SOLE	Avalon Trust	0	0	1,300
LKQ CORP	COM	501889208	19,373,636	405,391	SH		SOLE	Avalon Trust	0	0	405,391
LOWES COS INC	COM	548661107	29,394,627	132,081	SH		SOLE	Avalon Trust	0	0	132,081
MARRIOTT INTL INC NEW	CL A	571903202	38,788	172	SH		SOLE	Avalon Trust	0	0	172
MARSH & MCLENNAN COS INC	COM	571748102	26,147	138	SH		SOLE	Avalon Trust	0	0	138
MASTERCARD INCORPORATED	CL A	57636Q104	2,628,155	6,162	SH		SOLE	Avalon Trust	0	0	6,162
MCDONALDS CORP	COM	580135101	322,900	1,089	SH		SOLE	Avalon Trust	0	0	1,089
MEDTRONIC PLC	SHS	G5960L103	16,476	200	SH		SOLE	Avalon Trust	0	0	200
MERCADOLIBRE INC	COM	58733R102	7,858	5	SH		SOLE	Avalon Trust	0	0	5
MERCK & CO INC	COM	58933Y105	20,700,064	189,874	SH		SOLE	Avalon Trust	0	0	189,874
MGE ENERGY INC	COM	55277P104	43,386	600	SH		SOLE	Avalon Trust	0	0	600
MICROCHIP TECHNOLOGY INC.	COM	595017104	120,210	1,333	SH		SOLE	Avalon Trust	0	0	1,333
MICROSOFT CORP	COM	594918104	89,117,720	236,990	SH		SOLE	Avalon Trust	0	0	236,990
MINISO GROUP HLDG LTD	SPONSORED ADS	66981J102	26,276	1,288	SH		SOLE	Avalon Trust	0	0	1,288
MONDELEZ INTL INC	CL A	609207105	24,571,588	339,246	SH		SOLE	Avalon Trust	0	0	339,246
MONTROSE ENVIRONMENTAL GROUP	COM	615111101	4,331,124	134,800	SH		SOLE	Avalon Trust	0	0	134,800
MOODYS CORP	COM	615369105	5,859	15	SH		SOLE	Avalon Trust	0	0	15
MORGAN STANLEY	COM NEW	617446448	1,212,250	13,000	SH		SOLE	Avalon Trust	0	0	13,000
MOSAIC CO NEW	COM	61945C103	8,958	251	SH		SOLE	Avalon Trust	0	0	251
MPLX LP	COM UNIT REP LTD	55336V100	62,828	1,711	SH		SOLE	Avalon Trust	0	0	1,711
MYOMO INC	COM NEW	62857J201	81	16	SH		SOLE	Avalon Trust	0	0	16
NATIONAL GRID PLC	SPONSORED ADR NE	636274409	17,338	255	SH		SOLE	Avalon Trust	0	0	255
NETEASE INC	SPONSORED ADS	64110W102	20,403	219	SH		SOLE	Avalon Trust	0	0	219
NETFLIX INC	COM	64110L106	17,041	35	SH		SOLE	Avalon Trust	0	0	35
NEXTERA ENERGY INC	COM	65339F101	1,673,630	27,554	SH		SOLE	Avalon Trust	0	0	27,554
NIKE INC	CL B	654106103	183,701	1,692	SH		SOLE	Avalon Trust	0	0	1,692
NISOURCE INC	COM	65473P105	132,750	5,000	SH		SOLE	Avalon Trust	0	0	5,000
NORFOLK SOUTHN CORP	COM	655844108	160,092	677	SH		SOLE	Avalon Trust	0	0	677
NORTHROP GRUMMAN CORP	COM	666807102	5,648,183	12,065	SH		SOLE	Avalon Trust	0	0	12,065
NOVARTIS AG	SPONSORED ADR	66987V109	151,455	1,500	SH		SOLE	Avalon Trust	0	0	1,500
NOVO-NORDISK A S	ADR	670100205	245,384	2,372	SH		SOLE	Avalon Trust	0	0	2,372
NURIX THERAPEUTICS INC	COM	67080M103	72,818	7,056	SH		SOLE	Avalon Trust	0	0	7,056
NVIDIA CORPORATION	COM	67066G104	419,947	848	SH		SOLE	Avalon Trust	0	0	848
NVR INC	COM	62944T105	24,067,548	3,438	SH		SOLE	Avalon Trust	0	0	3,438
NXP SEMICONDUCTORS N V	COM	N6596X109	42,491	185	SH		SOLE	Avalon Trust	0	0	185
OCCIDENTAL PETE CORP	COM	674599105	119,420	2,000	SH		SOLE	Avalon Trust	0	0	2,000
OLB GROUP INC	COM	67086U307	38,213	36,050	SH		SOLE	Avalon Trust	0	0	36,050
OPTIMIZERX CORP	COM NEW	68401U204	28,620	2,000	SH		SOLE	Avalon Trust	0	0	2,000
ORACLE CORP	COM	68389X105	604,747	5,736	SH		SOLE	Avalon Trust	0	0	5,736
ORGANON & CO	COMMON STOCK	68622V106	188	13	SH		SOLE	Avalon Trust	0	0	13
OVINTIV INC	COM	69047Q102	33,555	764	SH		SOLE	Avalon Trust	0	0	764
OWENS CORNING NEW	COM	690742101	963,495	6,500	SH		SOLE	Avalon Trust	0	0	6,500
PACCAR INC	COM	693718108	36,619	375	SH		SOLE	Avalon Trust	0	0	375
PACER FDS TR	TRENDP US LAR CP	69374H105	187,749	4,339	SH		SOLE	Avalon Trust	0	0	4,339
PACKAGING CORP AMER	COM	695156109	65,164	400	SH		SOLE	Avalon Trust	0	0	400
PALO ALTO NETWORKS INC	COM	697435105	9,874,057	33,485	SH		SOLE	Avalon Trust	0	0	33,485
PAYPAL HLDGS INC	COM	70450Y103	164,149	2,673	SH		SOLE	Avalon Trust	0	0	2,673
PEPSICO INC	COM	713448108	516,993	3,044	SH		SOLE	Avalon Trust	0	0	3,044
PERRIGO CO PLC	SHS	G97822103	3,218	100	SH		SOLE	Avalon Trust	0	0	100
PFIZER INC	COM	717081103	130,074	4,518	SH		SOLE	Avalon Trust	0	0	4,518
PG&E CORP	COM	69331C108	18,030	1,000	SH		SOLE	Avalon Trust	0	0	1,000
PINTEREST INC	CL A	72352L106	1,852	50	SH		SOLE	Avalon Trust	0	0	50
PIPER SANDLER COMPANIES	COM	724078100	350	2	SH		SOLE	Avalon Trust	0	0	2
PNC FINL SVCS GROUP INC	COM	693475105	21,194,320	136,870	SH		SOLE	Avalon Trust	0	0	136,870
POST HLDGS INC	COM	737446104	8,806	100	SH		SOLE	Avalon Trust	0	0	100
PROCTER AND GAMBLE CO	COM	742718109	1,089,379	7,434	SH		SOLE	Avalon Trust	0	0	7,434
PROGRESSIVE CORP	COM	743315103	28,075,171	176,263	SH		SOLE	Avalon Trust	0	0	176,263
PROLOGIS INC.	COM	74340W103	96,776	726	SH		SOLE	Avalon Trust	0	0	726
PRUDENTIAL FINL INC	COM	744320102	17,009	164	SH		SOLE	Avalon Trust	0	0	164
QUALCOMM INC	COM	747525103	49,319	341	SH		SOLE	Avalon Trust	0	0	341
QUANTA SVCS INC	COM	74762E102	20,262,326	93,894	SH		SOLE	Avalon Trust	0	0	93,894
REGENERON PHARMACEUTICALS	COM	75886F107	8,783	10	SH		SOLE	Avalon Trust	0	0	10
RIVIAN AUTOMOTIVE INC	COM CL A	76954A103	3,754	160	SH		SOLE	Avalon Trust	0	0	160
ROPER TECHNOLOGIES INC	COM	776696106	71,418	131	SH		SOLE	Avalon Trust	0	0	131
ROSS STORES INC	COM	778296103	17,299	125	SH		SOLE	Avalon Trust	0	0	125
RPM INTL INC	COM	749685103	62,290	558	SH		SOLE	Avalon Trust	0	0	558
S&P GLOBAL INC	COM	78409V104	185,900	422	SH		SOLE	Avalon Trust	0	0	422
SALESFORCE INC	COM	79466L302	600,223	2,281	SH		SOLE	Avalon Trust	0	0	2,281
SCHLUMBERGER LTD	COM STK	806857108	18,423	354	SH		SOLE	Avalon Trust	0	0	354
SCHWAB CHARLES CORP	COM	808513105	963,200	14,000	SH		SOLE	Avalon Trust	0	0	14,000
SCHWAB STRATEGIC TR	US DIVIDEND EQ	808524797	86,789	1,140	SH		SOLE	Avalon Trust	0	0	1,140
SCHWAB STRATEGIC TR	US LCAP GR ETF	808524300	33,184	400	SH		SOLE	Avalon Trust	0	0	400
SELECT SECTOR SPDR TR	SBI CONS STPLS	81369Y308	38,897	540	SH		SOLE	Avalon Trust	0	0	540
SELECT SECTOR SPDR TR	SBI HEALTHCARE	81369Y209	2,476,934	18,162	SH		SOLE	Avalon Trust	0	0	18,162
SELECT SECTOR SPDR TR	SBI INT-UTILS	81369Y886	63,330	1,000	SH		SOLE	Avalon Trust	0	0	1,000
SELECT SECTOR SPDR TR	TECHNOLOGY	81369Y803	173,425	901	SH		SOLE	Avalon Trust	0	0	901
SERVICE CORP INTL	COM	817565104	68,450	1,000	SH		SOLE	Avalon Trust	0	0	1,000
SERVICENOW INC	COM	81762P102	53,694	76	SH		SOLE	Avalon Trust	0	0	76
SMUCKER J M CO	COM NEW	832696405	379,140	3,000	SH		SOLE	Avalon Trust	0	0	3,000
SONY GROUP CORP	SPONSORED ADR	835699307	23,673	250	SH		SOLE	Avalon Trust	0	0	250
SOUTHERN CO	COM	842587107	77,132	1,100	SH		SOLE	Avalon Trust	0	0	1,100
SPDR GOLD TR	GOLD SHS	78463V107	1,927,376	10,082	SH		SOLE	Avalon Trust	0	0	10,082
SPDR S&P 500 ETF TR	TR UNIT	78462F103	3,819,116	8,035	SH		SOLE	Avalon Trust	0	0	8,035
SPDR S&P MIDCAP 400 ETF TR	UTSER1 S&PDCRP	78467Y107	636,255	1,254	SH		SOLE	Avalon Trust	0	0	1,254
SPOTIFY TECHNOLOGY S A	SHS	L8681T102	3,947	21	SH		SOLE	Avalon Trust	0	0	21
STARBUCKS CORP	COM	855244109	308,769	3,216	SH		SOLE	Avalon Trust	0	0	3,216
STRIDE INC	COM	86333M108	4,869	82	SH		SOLE	Avalon Trust	0	0	82
STRYKER CORPORATION	COM	863667101	29,946	100	SH		SOLE	Avalon Trust	0	0	100
SUNOCO LP/SUNOCO FIN CORP	COM UT REP LP	86765K109	29,965	500	SH		SOLE	Avalon Trust	0	0	500
SYNOPSYS INC	COM	871607107	59,215	115	SH		SOLE	Avalon Trust	0	0	115
SYSCO CORP	COM	871829107	1,390	19	SH		SOLE	Avalon Trust	0	0	19
TAIWAN SEMICONDUCTOR MFG LTD	SPONSORED ADS	874039100	173,056	1,664	SH		SOLE	Avalon Trust	0	0	1,664
TARGET CORP	COM	87612E106	312,860	2,197	SH		SOLE	Avalon Trust	0	0	2,197
TE CONNECTIVITY LTD	SHS	H84989104	12,645	90	SH		SOLE	Avalon Trust	0	0	90
TESLA INC	COM	88160R101	241,523	972	SH		SOLE	Avalon Trust	0	0	972
TEXAS INSTRS INC	COM	882508104	201,996	1,185	SH		SOLE	Avalon Trust	0	0	1,185
THE CIGNA GROUP	COM	125523100	281,184	939	SH		SOLE	Avalon Trust	0	0	939
THERMO FISHER SCIENTIFIC INC	COM	883556102	19,266,085	36,297	SH		SOLE	Avalon Trust	0	0	36,297
TJX COS INC NEW	COM	872540109	20,301,639	216,412	SH		SOLE	Avalon Trust	0	0	216,412
TOAST INC	CL A	888787108	18,260	1,000	SH		SOLE	Avalon Trust	0	0	1,000
TRANE TECHNOLOGIES PLC	SHS	G8994E103	2,163,393	8,870	SH		SOLE	Avalon Trust	0	0	8,870
TRANSDIGM GROUP INC	COM	893641100	124,427	123	SH		SOLE	Avalon Trust	0	0	123
TRAVELERS COMPANIES INC	COM	89417E109	1,347,717	7,075	SH		SOLE	Avalon Trust	0	0	7,075
TRIMBLE INC	COM	896239100	11,182,587	210,199	SH		SOLE	Avalon Trust	0	0	210,199
TRUIST FINL CORP	COM	89832Q109	479,960	13,000	SH		SOLE	Avalon Trust	0	0	13,000
TRUPANION INC	COM	898202106	46,376	1,520	SH		SOLE	Avalon Trust	0	0	1,520
TYLER TECHNOLOGIES INC	COM	902252105	8,910,138	21,310	SH		SOLE	Avalon Trust	0	0	21,310
ULTA BEAUTY INC	COM	90384S303	16,701,310	34,085	SH		SOLE	Avalon Trust	0	0	34,085
UNILEVER PLC	SPON ADR NEW	904767704	181,800	3,750	SH		SOLE	Avalon Trust	0	0	3,750
UNION PAC CORP	COM	907818108	252,252	1,027	SH		SOLE	Avalon Trust	0	0	1,027
UNITED PARCEL SERVICE INC	CL B	911312106	94,732	603	SH		SOLE	Avalon Trust	0	0	603
UNITED RENTALS INC	COM	911363109	237,970	415	SH		SOLE	Avalon Trust	0	0	415
UNITEDHEALTH GROUP INC	COM	91324P102	960,282	1,824	SH		SOLE	Avalon Trust	0	0	1,824
UNIVERSAL DISPLAY CORP	COM	91347P105	108,062	565	SH		SOLE	Avalon Trust	0	0	565
US BANCORP DEL	COM NEW	902973304	26,401	610	SH		SOLE	Avalon Trust	0	0	610
US FOODS HLDG CORP	COM	912008109	15,712	346	SH		SOLE	Avalon Trust	0	0	346
VALERO ENERGY CORP	COM	91913Y100	20,800	160	SH		SOLE	Avalon Trust	0	0	160
VALMONT INDS INC	COM	920253101	9,422,129	40,350	SH		SOLE	Avalon Trust	0	0	40,350
VANECK ETF TRUST	INTRMDT MUNI ETF	92189H201	51,733	1,100	SH		SOLE	Avalon Trust	0	0	1,100
VANECK ETF TRUST	PHARMACEUTCL ETF	92189F692	23,219,908	285,375	SH		SOLE	Avalon Trust	0	0	285,375
VANGUARD BD INDEX FDS	TOTAL BND MRKT	921937835	127,757	1,737	SH		SOLE	Avalon Trust	0	0	1,737
VANGUARD INDEX FDS	EXTEND MKT ETF	922908652	1,622,497	9,868	SH		SOLE	Avalon Trust	0	0	9,868
VANGUARD INDEX FDS	LARGE CAP ETF	922908637	1,308,900	6,000	SH		SOLE	Avalon Trust	0	0	6,000
VANGUARD INDEX FDS	MID CAP ETF	922908629	58,160	250	SH		SOLE	Avalon Trust	0	0	250
VANGUARD INDEX FDS	REAL ESTATE ETF	922908553	461,593	5,224	SH		SOLE	Avalon Trust	0	0	5,224
VANGUARD INDEX FDS	S&P 500 ETF SHS	922908363	390,936	895	SH		SOLE	Avalon Trust	0	0	895
VANGUARD INDEX FDS	SMALL CP ETF	922908751	590,285	2,767	SH		SOLE	Avalon Trust	0	0	2,767
VANGUARD INDEX FDS	TOTAL STK MKT	922908769	1,833,711	7,730	SH		SOLE	Avalon Trust	0	0	7,730
VANGUARD INTL EQUITY INDEX F	FTSE EUROPE ETF	922042874	20,505	318	SH		SOLE	Avalon Trust	0	0	318
VANGUARD SCOTTSDALE FDS	SHORT TERM TREAS	92206C102	17,558	301	SH		SOLE	Avalon Trust	0	0	301
VANGUARD SPECIALIZED FUNDS	DIV APP ETF	921908844	136,320	800	SH		SOLE	Avalon Trust	0	0	800
VANGUARD STAR FDS	VG TL INTL STK F	921909768	3,651,480	63,000	SH		SOLE	Avalon Trust	0	0	63,000
VANGUARD WORLD FD	MEGA CAP VAL ETF	921910840	364,640	3,334	SH		SOLE	Avalon Trust	0	0	3,334
VANGUARD WORLD FD	MEGA GRWTH IND	921910816	685,626	2,642	SH		SOLE	Avalon Trust	0	0	2,642
VANGUARD WORLD FDS	CONSUM STP ETF	92204A207	295,034	1,545	SH		SOLE	Avalon Trust	0	0	1,545
VANGUARD WORLD FDS	INF TECH ETF	92204A702	52,272	108	SH		SOLE	Avalon Trust	0	0	108
VERALTO CORP	COM SHS	92338C103	10,856,511	131,978	SH		SOLE	Avalon Trust	0	0	131,978
VERISK ANALYTICS INC	COM	92345Y106	475,571	1,991	SH		SOLE	Avalon Trust	0	0	1,991
VERIZON COMMUNICATIONS INC	COM	92343V104	77,285	2,050	SH		SOLE	Avalon Trust	0	0	2,050
VISA INC	COM CL A	92826C839	44,419,876	170,616	SH		SOLE	Avalon Trust	0	0	170,616
VITA COCO CO INC	COM	92846Q107	16,699	651	SH		SOLE	Avalon Trust	0	0	651
VULCAN MATLS CO	COM	929160109	57,888	255	SH		SOLE	Avalon Trust	0	0	255
WALMART INC	COM	931142103	102,473	650	SH		SOLE	Avalon Trust	0	0	650
WARNER BROS DISCOVERY INC	COM SER A	934423104	4,530	398	SH		SOLE	Avalon Trust	0	0	398
WASTE MGMT INC DEL	COM	94106L109	12,503,151	69,811	SH		SOLE	Avalon Trust	0	0	69,811
WATERS CORP	COM	941848103	439,523	1,335	SH		SOLE	Avalon Trust	0	0	1,335
WEC ENERGY GROUP INC	COM	92939U106	58,919	700	SH		SOLE	Avalon Trust	0	0	700
WELLS FARGO CO NEW	COM	949746101	62,411	1,268	SH		SOLE	Avalon Trust	0	0	1,268
WESTERN UN CO	COM	959802109	102,512	8,600	SH		SOLE	Avalon Trust	0	0	8,600
WESTPORT FUEL SYSTEMS INC	COM	960908507	87	13	SH		SOLE	Avalon Trust	0	0	13
WEYERHAEUSER CO MTN BE	COM NEW	962166104	69,367	1,995	SH		SOLE	Avalon Trust	0	0	1,995
WHIRLPOOL CORP	COM	963320106	304,425	2,500	SH		SOLE	Avalon Trust	0	0	2,500
WILLIS TOWERS WATSON PLC LTD	SHS	G96629103	12,060	50	SH		SOLE	Avalon Trust	0	0	50
WISDOMTREE TR	WISDOMTREE US VA	97717W547	140,350	2,048	SH		SOLE	Avalon Trust	0	0	2,048
WK KELLOGG CO	COM SHS	92942W107	237	18	SH		SOLE	Avalon Trust	0	0	18
XCEL ENERGY INC	COM	98389B100	49,528	800	SH		SOLE	Avalon Trust	0	0	800
XYLEM INC	COM	98419M100	34,308	300	SH		SOLE	Avalon Trust	0	0	300
ZOETIS INC	CL A	98978V103	303,358	1,537	SH		SOLE	Avalon Trust	0	0	1,537