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	3,600	3,000	SH		SOLE	Avalon Trust	0	0	3,000
3M CO	COM	88579Y101	327,008	3,200	SH		SOLE	Avalon Trust	0	0	3,200
ABBOTT LABS	COM	002824100	573,895	5,523	SH		SOLE	Avalon Trust	0	0	5,523
ABBVIE INC	COM	00287Y109	633,767	3,695	SH		SOLE	Avalon Trust	0	0	3,695
ACCENTURE PLC IRELAND	SHS CLASS A	G1151C101	206,926	682	SH		SOLE	Avalon Trust	0	0	682
ADOBE INC	COM	00724F101	27,052,021	48,695	SH		SOLE	Avalon Trust	0	0	48,695
ADVANCED DRAIN SYS INC DEL	COM	00790R104	43,306	270	SH		SOLE	Avalon Trust	0	0	270
ADVANCED MICRO DEVICES INC	COM	007903107	4,056	25	SH		SOLE	Avalon Trust	0	0	25
AES CORP	COM	00130H105	175,700	10,000	SH		SOLE	Avalon Trust	0	0	10,000
AIR PRODS & CHEMS INC	COM	009158106	167,217	648	SH		SOLE	Avalon Trust	0	0	648
AIRBNB INC	COM CL A	009066101	11,373	75	SH		SOLE	Avalon Trust	0	0	75
ALBEMARLE CORP	COM	012653101	9,552	100	SH		SOLE	Avalon Trust	0	0	100
ALCON AG	ORD SHS	H01301128	26,724	300	SH		SOLE	Avalon Trust	0	0	300
ALLSTATE CORP	COM	020002101	4,790	30	SH		SOLE	Avalon Trust	0	0	30
ALPHA TAU MEDICAL LTD	*W EXP 99/99/999	M0740A116	2,937	14,500	SH		SOLE	Avalon Trust	0	0	14,500
ALPHABET INC	CAP STK CL A	02079K305	17,566,911	96,442	SH		SOLE	Avalon Trust	0	0	96,442
ALPHABET INC	CAP STK CL C	02079K107	85,800,392	467,781	SH		SOLE	Avalon Trust	0	0	467,781
AMALGAMATED FINANCIAL CORP	COM	022671101	1,420,142	51,830	SH		SOLE	Avalon Trust	0	0	51,830
AMAZON COM INC	COM	023135106	72,070,269	372,938	SH		SOLE	Avalon Trust	0	0	372,938
AMEREN CORP	COM	023608102	43,662	614	SH		SOLE	Avalon Trust	0	0	614
AMERICAN ELEC PWR CO INC	COM	025537101	63,349	722	SH		SOLE	Avalon Trust	0	0	722
AMERICAN EXPRESS CO	COM	025816109	153,055	661	SH		SOLE	Avalon Trust	0	0	661
AMERICAN TOWER CORP NEW	COM	03027X100	14,851,216	76,403	SH		SOLE	Avalon Trust	0	0	76,403
AMGEN INC	COM	031162100	62,490	200	SH		SOLE	Avalon Trust	0	0	200
ANALOG DEVICES INC	COM	032654105	6,086,097	26,663	SH		SOLE	Avalon Trust	0	0	26,663
AON PLC	SHS CL A	G0403H108	13,852,866	47,186	SH		SOLE	Avalon Trust	0	0	47,186
APPLE INC	COM	037833100	98,576,653	468,031	SH		SOLE	Avalon Trust	0	0	468,031
APTIV PLC	SHS	G6095L109	5,897,675	83,750	SH		SOLE	Avalon Trust	0	0	83,750
ARK RESTAURANTS CORP	COM	040712101	104,880	8,000	SH		SOLE	Avalon Trust	0	0	8,000
ARRAY TECHNOLOGIES INC	COM SHS	04271T100	243,675	23,750	SH		SOLE	Avalon Trust	0	0	23,750
ASML HOLDING N V	N Y REGISTRY SHS	N07059210	39,887	39	SH		SOLE	Avalon Trust	0	0	39
ASTRAZENECA PLC	SPONSORED ADR	046353108	214,473	2,750	SH		SOLE	Avalon Trust	0	0	2,750
AT&T INC	COM	00206R102	26,430	1,383	SH		SOLE	Avalon Trust	0	0	1,383
AUTODESK INC	COM	052769106	43,552	176	SH		SOLE	Avalon Trust	0	0	176
AUTOMATIC DATA PROCESSING IN	COM	053015103	449,454	1,883	SH		SOLE	Avalon Trust	0	0	1,883
AUTONATION INC	COM	05329W102	30,123	189	SH		SOLE	Avalon Trust	0	0	189
AVALONBAY CMNTYS INC	COM	053484101	14,793,670	71,505	SH		SOLE	Avalon Trust	0	0	71,505
BANK AMERICA CORP	COM	060505104	109,288	2,748	SH		SOLE	Avalon Trust	0	0	2,748
BERKSHIRE HATHAWAY INC DEL	CL A	084670108	23,265,158	38	SH		SOLE	Avalon Trust	0	0	38
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	40,243,097	98,926	SH		SOLE	Avalon Trust	0	0	98,926
BIO-TECHNE CORP	COM	09073M104	42,704	596	SH		SOLE	Avalon Trust	0	0	596
BLACKROCK INC	COM	09247X101	62,986	80	SH		SOLE	Avalon Trust	0	0	80
BLACKSTONE INC	COM	09260D107	78,366	633	SH		SOLE	Avalon Trust	0	0	633
BLOOM ENERGY CORP	COM CL A	093712107	3,272,475	267,359	SH		SOLE	Avalon Trust	0	0	267,359
BOEING CO	COM	097023105	6,553	36	SH		SOLE	Avalon Trust	0	0	36
BOSTON SCIENTIFIC CORP	COM	101137107	22,718	295	SH		SOLE	Avalon Trust	0	0	295
BRISTOL-MYERS SQUIBB CO	COM	110122108	21,638	521	SH		SOLE	Avalon Trust	0	0	521
BROADCOM INC	COM	11135F101	69,198,344	43,100	SH		SOLE	Avalon Trust	0	0	43,100
BROOKFIELD CORP	CL A LTD VT SH	11271J107	1,339,582	32,248	SH		SOLE	Avalon Trust	0	0	32,248
BROOKFIELD INFRAST PARTNERS	LP INT UNIT	G16252101	6,050,328	220,493	SH		SOLE	Avalon Trust	0	0	220,493
BROOKFIELD INFRASTRUCTURE CO	COM SB VTG SHS A	11275Q107	6,139,618	182,401	SH		SOLE	Avalon Trust	0	0	182,401
BROOKFIELD RENEWABLE CORP	CL A SUB VTG	11284V105	8,514	300	SH		SOLE	Avalon Trust	0	0	300
BROOKLINE BANCORP INC DEL	COM	11373M107	167,000	20,000	SH		SOLE	Avalon Trust	0	0	20,000
CANADIAN NATL RY CO	COM	136375102	1,299,430	11,000	SH		SOLE	Avalon Trust	0	0	11,000
CATERPILLAR INC	COM	149123101	259,818	780	SH		SOLE	Avalon Trust	0	0	780
CENCORA INC	COM	03073E105	234,312	1,040	SH		SOLE	Avalon Trust	0	0	1,040
CERENCE INC	COM	156727109	708	250	SH		SOLE	Avalon Trust	0	0	250
CF INDS HLDGS INC	COM	125269100	667,080	9,000	SH		SOLE	Avalon Trust	0	0	9,000
CHEVRON CORP NEW	COM	166764100	59,956	383	SH		SOLE	Avalon Trust	0	0	383
CHUBB LIMITED	COM	H1467J104	118,868	466	SH		SOLE	Avalon Trust	0	0	466
CHURCH & DWIGHT CO INC	COM	171340102	25,195	243	SH		SOLE	Avalon Trust	0	0	243
CINCINNATI FINL CORP	COM	172062101	25,392	215	SH		SOLE	Avalon Trust	0	0	215
CINTAS CORP	COM	172908105	70,026	100	SH		SOLE	Avalon Trust	0	0	100
CISCO SYS INC	COM	17275R102	244,392	5,144	SH		SOLE	Avalon Trust	0	0	5,144
CITIGROUP INC	COM NEW	172967424	25,384	400	SH		SOLE	Avalon Trust	0	0	400
CLEAN ENERGY FUELS CORP	COM	184499101	962	360	SH		SOLE	Avalon Trust	0	0	360
CLEARWAY ENERGY INC	CL C	18539C204	42,344	1,715	SH		SOLE	Avalon Trust	0	0	1,715
CLIMB GLOBAL SOLUTIONS INC	COM	946760105	50,248	800	SH		SOLE	Avalon Trust	0	0	800
CMS ENERGY CORP	COM	125896100	17,387,225	292,075	SH		SOLE	Avalon Trust	0	0	292,075
COCA COLA CO	COM	191216100	302,879	4,759	SH		SOLE	Avalon Trust	0	0	4,759
COCA-COLA FEMSA SAB DE CV	SPONSORD ADR REP	191241108	17,684	206	SH		SOLE	Avalon Trust	0	0	206
COLGATE PALMOLIVE CO	COM	194162103	67,152	692	SH		SOLE	Avalon Trust	0	0	692
COMCAST CORP NEW	CL A	20030N101	20,755	530	SH		SOLE	Avalon Trust	0	0	530
COMPLETE SOLARIA INC	COM	20460L104	59	52	SH		SOLE	Avalon Trust	0	0	52
CONOCOPHILLIPS	COM	20825C104	34,314	300	SH		SOLE	Avalon Trust	0	0	300
COOPER COS INC	COM	216648501	8,730	100	SH		SOLE	Avalon Trust	0	0	100
COSTAR GROUP INC	COM	22160N109	11,344	153	SH		SOLE	Avalon Trust	0	0	153
COSTCO WHSL CORP NEW	COM	22160K105	1,883,578	2,216	SH		SOLE	Avalon Trust	0	0	2,216
CROWN CASTLE INC	COM	22822V101	36,638	375	SH		SOLE	Avalon Trust	0	0	375
CUMMINS INC	COM	231021106	110,772	400	SH		SOLE	Avalon Trust	0	0	400
CYBIN INC	COM	23256X100	2,033	7,500	SH		SOLE	Avalon Trust	0	0	7,500
D R HORTON INC	COM	23331A109	1,832,090	13,000	SH		SOLE	Avalon Trust	0	0	13,000
DANAHER CORPORATION	COM	235851102	17,253,392	69,055	SH		SOLE	Avalon Trust	0	0	69,055
DBX ETF TR	XTRACKERS RUSSEL	233051481	30,231	600	SH		SOLE	Avalon Trust	0	0	600
DEXCOM INC	COM	252131107	24,944	220	SH		SOLE	Avalon Trust	0	0	220
DIGITAL RLTY TR INC	COM	253868103	63,405	417	SH		SOLE	Avalon Trust	0	0	417
DOMINION ENERGY INC	COM	25746U109	28,891	590	SH		SOLE	Avalon Trust	0	0	590
DREAM FINDERS HOMES INC	COM CL A	26154D100	31,243	1,210	SH		SOLE	Avalon Trust	0	0	1,210
E L F BEAUTY INC	COM	26856L103	127,065	603	SH		SOLE	Avalon Trust	0	0	603
EATON CORP PLC	SHS	G29183103	62,710	200	SH		SOLE	Avalon Trust	0	0	200
EBAY INC.	COM	278642103	16,116	300	SH		SOLE	Avalon Trust	0	0	300
ECOLAB INC	COM	278865100	214,200	900	SH		SOLE	Avalon Trust	0	0	900
EDWARDS LIFESCIENCES CORP	COM	28176E108	189,359	2,050	SH		SOLE	Avalon Trust	0	0	2,050
ELEVANCE HEALTH INC	COM	036752103	216,744	400	SH		SOLE	Avalon Trust	0	0	400
ELI LILLY & CO	COM	532457108	837,477	925	SH		SOLE	Avalon Trust	0	0	925
EMERSON ELEC CO	COM	291011104	176,256	1,600	SH		SOLE	Avalon Trust	0	0	1,600
ENTEGRIS INC	COM	29362U104	406,200	3,000	SH		SOLE	Avalon Trust	0	0	3,000
ENTERPRISE PRODS PARTNERS L	COM	293792107	139,887	4,827	SH		SOLE	Avalon Trust	0	0	4,827
EQUINIX INC	COM	29444U700	3,783	5	SH		SOLE	Avalon Trust	0	0	5
EXPEDITORS INTL WASH INC	COM	302130109	131,030	1,050	SH		SOLE	Avalon Trust	0	0	1,050
EXXON MOBIL CORP	COM	30231G102	191,560	1,664	SH		SOLE	Avalon Trust	0	0	1,664
FEDERAL RLTY INVT TR NEW	SH BEN INT NEW	313745101	50,485	500	SH		SOLE	Avalon Trust	0	0	500
FEDEX CORP	COM	31428X106	239,872	800	SH		SOLE	Avalon Trust	0	0	800
FERGUSON PLC NEW	SHS	G3421J106	49,769	257	SH		SOLE	Avalon Trust	0	0	257
FIRST SOLAR INC	COM	336433107	31,257,775	138,640	SH		SOLE	Avalon Trust	0	0	138,640
FORTINET INC	COM	34959E109	67,202	1,115	SH		SOLE	Avalon Trust	0	0	1,115
FREEPORT-MCMORAN INC	CL B	35671D857	87,432	1,799	SH		SOLE	Avalon Trust	0	0	1,799
FTAI AVIATION LTD	SHS	G3730V105	15,485	150	SH		SOLE	Avalon Trust	0	0	150
FTAI INFRASTRUCTURE INC	COMMON STOCK	35953C106	1,295	150	SH		SOLE	Avalon Trust	0	0	150
GE AEROSPACE	COM NEW	369604301	10,334	65	SH		SOLE	Avalon Trust	0	0	65
GE HEALTHCARE TECHNOLOGIES I	COMMON STOCK	36266G107	3,195	41	SH		SOLE	Avalon Trust	0	0	41
GE VERNOVA INC	COM	36828A101	5,317	31	SH		SOLE	Avalon Trust	0	0	31
GENERAL MLS INC	COM	370334104	588,192	9,298	SH		SOLE	Avalon Trust	0	0	9,298
GENERAL MTRS CO	COM	37045V100	320,574	6,900	SH		SOLE	Avalon Trust	0	0	6,900
GOLDMAN SACHS GROUP INC	COM	38141G104	768,944	1,700	SH		SOLE	Avalon Trust	0	0	1,700
HANNON ARMSTRONG SUST INFR C	COM	41068X100	5,012,760	169,350	SH		SOLE	Avalon Trust	0	0	169,350
HELIOS TECHNOLOGIES INC	COM	42328H109	19,100	400	SH		SOLE	Avalon Trust	0	0	400
HOME DEPOT INC	COM	437076102	502,247	1,459	SH		SOLE	Avalon Trust	0	0	1,459
HONEYWELL INTL INC	COM	438516106	12,813	60	SH		SOLE	Avalon Trust	0	0	60
HUNTINGTON INGALLS INDS INC	COM	446413106	269,978	1,096	SH		SOLE	Avalon Trust	0	0	1,096
HYDROFARM HLDGS GROUP INC	COM	44888K209	690	1,000	SH		SOLE	Avalon Trust	0	0	1,000
IAC INC	COM NEW	44891N208	84,330	1,800	SH		SOLE	Avalon Trust	0	0	1,800
IDACORP INC	COM	451107106	46,575	500	SH		SOLE	Avalon Trust	0	0	500
IDEXX LABS INC	COM	45168D104	24,360	50	SH		SOLE	Avalon Trust	0	0	50
INTEL CORP	COM	458140100	34,222	1,105	SH		SOLE	Avalon Trust	0	0	1,105
INTERCONTINENTAL EXCHANGE IN	COM	45866F104	6,845	50	SH		SOLE	Avalon Trust	0	0	50
INTERNATIONAL BUSINESS MACHS	COM	459200101	235,385	1,361	SH		SOLE	Avalon Trust	0	0	1,361
INTUIT	COM	461202103	103,182	157	SH		SOLE	Avalon Trust	0	0	157
INTUITIVE SURGICAL INC	COM NEW	46120E602	269,135	605	SH		SOLE	Avalon Trust	0	0	605
INVESCO EXCH TRADED FD TR II	S&P500 LOW VOL	46138E354	151,334	2,330	SH		SOLE	Avalon Trust	0	0	2,330
INVESCO QQQ TR	UNIT SER 1	46090E103	130,798	273	SH		SOLE	Avalon Trust	0	0	273
ISHARES TR	BLACKROCK ULTRA	46434V878	46,842	927	SH		SOLE	Avalon Trust	0	0	927
ISHARES TR	CORE HIGH DV ETF	46429B663	32,610	300	SH		SOLE	Avalon Trust	0	0	300
ISHARES TR	CORE S&P MCP ETF	464287507	96,851	1,655	SH		SOLE	Avalon Trust	0	0	1,655
ISHARES TR	CORE S&P500 ETF	464287200	103,974	190	SH		SOLE	Avalon Trust	0	0	190
ISHARES TR	ISHARES BIOTECH	464287556	17,597,144	128,203	SH		SOLE	Avalon Trust	0	0	128,203
ISHARES TR	ISHARES SEMICDTR	464287523	579,581	2,350	SH		SOLE	Avalon Trust	0	0	2,350
ISHARES TR	MORNINGSTR US EQ	464287127	127,338	1,694	SH		SOLE	Avalon Trust	0	0	1,694
ISHARES TR	MRGSTR MD CP GRW	464288307	338,750	5,000	SH		SOLE	Avalon Trust	0	0	5,000
ISHARES TR	MSCI USA MIN VOL	46429B697	494,693	5,892	SH		SOLE	Avalon Trust	0	0	5,892
ISHARES TR	RUS MID CAP ETF	464287499	162,160	2,000	SH		SOLE	Avalon Trust	0	0	2,000
ISHARES TR	RUSSELL 2000 ETF	464287655	344,913	1,700	SH		SOLE	Avalon Trust	0	0	1,700
ISHARES TR	S&P SML 600 GWT	464287887	13,871	108	SH		SOLE	Avalon Trust	0	0	108
ISHARES TR	SELECT DIVID ETF	464287168	24,196	200	SH		SOLE	Avalon Trust	0	0	200
ISHARES TR	U S EQUITY FACTR	46434V282	32,301	580	SH		SOLE	Avalon Trust	0	0	580
ISHARES TR	U.S. MED DVC ETF	464288810	56,040	1,000	SH		SOLE	Avalon Trust	0	0	1,000
JABIL INC	COM	466313103	75,283	692	SH		SOLE	Avalon Trust	0	0	692
JOHNSON & JOHNSON	COM	478160104	7,908,670	54,110	SH		SOLE	Avalon Trust	0	0	54,110
JPMORGAN CHASE & CO.	COM	46625H100	887,517	4,388	SH		SOLE	Avalon Trust	0	0	4,388
KEYSIGHT TECHNOLOGIES INC	COM	49338L103	232,475	1,700	SH		SOLE	Avalon Trust	0	0	1,700
KIMBERLY-CLARK CORP	COM	494368103	194,586	1,408	SH		SOLE	Avalon Trust	0	0	1,408
KINDER MORGAN INC DEL	COM	49456B101	39,740	2,000	SH		SOLE	Avalon Trust	0	0	2,000
KKR & CO INC	COM	48251W104	2,134,689	20,284	SH		SOLE	Avalon Trust	0	0	20,284
KORNIT DIGITAL LTD	SHS	M6372Q113	552,807	37,760	SH		SOLE	Avalon Trust	0	0	37,760
KRAFT HEINZ CO	COM	500754106	14,499	450	SH		SOLE	Avalon Trust	0	0	450
KROGER CO	COM	501044101	119,832	2,400	SH		SOLE	Avalon Trust	0	0	2,400
KYNDRYL HLDGS INC	COMMON STOCK	50155Q100	5,157	196	SH		SOLE	Avalon Trust	0	0	196
LAKELAND INDS INC	COM	511795106	34,410	1,500	SH		SOLE	Avalon Trust	0	0	1,500
LAM RESEARCH CORP	COM	512807108	48,984	46	SH		SOLE	Avalon Trust	0	0	46
LAUDER ESTEE COS INC	CL A	518439104	4,256	40	SH		SOLE	Avalon Trust	0	0	40
LENNAR CORP	CL A	526057104	1,348,830	9,000	SH		SOLE	Avalon Trust	0	0	9,000
LINDE PLC	SHS	G54950103	19,120,269	43,573	SH		SOLE	Avalon Trust	0	0	43,573
LIONS GATE ENTMNT CORP	CL A VTG	535919401	9,420	1,000	SH		SOLE	Avalon Trust	0	0	1,000
LIVE NATION ENTERTAINMENT IN	COM	538034109	121,862	1,300	SH		SOLE	Avalon Trust	0	0	1,300
LKQ CORP	COM	501889208	1,268,495	30,500	SH		SOLE	Avalon Trust	0	0	30,500
LOWES COS INC	COM	548661107	29,556,191	134,066	SH		SOLE	Avalon Trust	0	0	134,066
MARKEL GROUP INC	COM	570535104	787,830	500	SH		SOLE	Avalon Trust	0	0	500
MARRIOTT INTL INC NEW	CL A	571903202	41,585	172	SH		SOLE	Avalon Trust	0	0	172
MARSH & MCLENNAN COS INC	COM	571748102	29,080	138	SH		SOLE	Avalon Trust	0	0	138
MASTERCARD INCORPORATED	CL A	57636Q104	2,659,313	6,028	SH		SOLE	Avalon Trust	0	0	6,028
MCDONALDS CORP	COM	580135101	270,895	1,063	SH		SOLE	Avalon Trust	0	0	1,063
MEDTRONIC PLC	SHS	G5960L103	15,742	200	SH		SOLE	Avalon Trust	0	0	200
MERCADOLIBRE INC	COM	58733R102	8,217	5	SH		SOLE	Avalon Trust	0	0	5
MERCK & CO INC	COM	58933Y105	23,516,553	189,956	SH		SOLE	Avalon Trust	0	0	189,956
MGE ENERGY INC	COM	55277P104	44,832	600	SH		SOLE	Avalon Trust	0	0	600
MICROCHIP TECHNOLOGY INC.	COM	595017104	121,970	1,333	SH		SOLE	Avalon Trust	0	0	1,333
MICRON TECHNOLOGY INC	COM	595112103	52,612	400	SH		SOLE	Avalon Trust	0	0	400
MICROSOFT CORP	COM	594918104	107,777,970	241,141	SH		SOLE	Avalon Trust	0	0	241,141
MINISO GROUP HLDG LTD	SPONSORED ADS	66981J102	4,673	245	SH		SOLE	Avalon Trust	0	0	245
MONDELEZ INTL INC	CL A	609207105	22,651,795	346,146	SH		SOLE	Avalon Trust	0	0	346,146
MONTROSE ENVIRONMENTAL GROUP	COM	615111101	6,085,782	136,575	SH		SOLE	Avalon Trust	0	0	136,575
MOODYS CORP	COM	615369105	6,314	15	SH		SOLE	Avalon Trust	0	0	15
MORGAN STANLEY	COM NEW	617446448	1,263,470	13,000	SH		SOLE	Avalon Trust	0	0	13,000
MPLX LP	COM UNIT REP LTD	55336V100	59,073	1,387	SH		SOLE	Avalon Trust	0	0	1,387
NATIONAL GRID PLC	SPONSORED ADR NE	636274409	14,484	255	SH		SOLE	Avalon Trust	0	0	255
NETEASE INC	SPONSORED ADS	64110W102	19,499	204	SH		SOLE	Avalon Trust	0	0	204
NETFLIX INC	COM	64110L106	23,621	35	SH		SOLE	Avalon Trust	0	0	35
NEXTERA ENERGY INC	COM	65339F101	1,951,099	27,554	SH		SOLE	Avalon Trust	0	0	27,554
NIKE INC	CL B	654106103	125,718	1,668	SH		SOLE	Avalon Trust	0	0	1,668
NISOURCE INC	COM	65473P105	144,050	5,000	SH		SOLE	Avalon Trust	0	0	5,000
NORFOLK SOUTHN CORP	COM	655844108	140,894	656	SH		SOLE	Avalon Trust	0	0	656
NORTHERN LTS FD TR IV	FM FOCUS EQUITY	66538H211	74,558	2,600	SH		SOLE	Avalon Trust	0	0	2,600
NORTHROP GRUMMAN CORP	COM	666807102	4,131,935	9,478	SH		SOLE	Avalon Trust	0	0	9,478
NOVARTIS AG	SPONSORED ADR	66987V109	159,690	1,500	SH		SOLE	Avalon Trust	0	0	1,500
NOVO-NORDISK A S	ADR	670100205	338,580	2,372	SH		SOLE	Avalon Trust	0	0	2,372
NUCOR CORP	COM	670346105	47,424	300	SH		SOLE	Avalon Trust	0	0	300
NURIX THERAPEUTICS INC	COM	67080M103	147,259	7,056	SH		SOLE	Avalon Trust	0	0	7,056
NVIDIA CORPORATION	COM	67066G104	49,021,290	396,805	SH		SOLE	Avalon Trust	0	0	396,805
NVR INC	COM	62944T105	25,618,979	3,376	SH		SOLE	Avalon Trust	0	0	3,376
NXP SEMICONDUCTORS N V	COM	N6596X109	49,782	185	SH		SOLE	Avalon Trust	0	0	185
OCCIDENTAL PETE CORP	COM	674599105	126,060	2,000	SH		SOLE	Avalon Trust	0	0	2,000
OLB GROUP INC	COM	67086U406	108,147	36,050	SH		SOLE	Avalon Trust	0	0	36,050
OPTIMIZERX CORP	COM NEW	68401U204	20,000	2,000	SH		SOLE	Avalon Trust	0	0	2,000
ORACLE CORP	COM	68389X105	866,404	6,136	SH		SOLE	Avalon Trust	0	0	6,136
OREILLY AUTOMOTIVE INC	COM	67103H107	105,606	100	SH		SOLE	Avalon Trust	0	0	100
OSCAR HEALTH INC	CL A	687793109	73,295	4,633	SH		SOLE	Avalon Trust	0	0	4,633
OVINTIV INC	COM	69047Q102	35,809	764	SH		SOLE	Avalon Trust	0	0	764
OWENS CORNING NEW	COM	690742101	955,460	5,500	SH		SOLE	Avalon Trust	0	0	5,500
PACCAR INC	COM	693718108	141,543	1,375	SH		SOLE	Avalon Trust	0	0	1,375
PACER FDS TR	TRENDP US LAR CP	69374H105	41,351	831	SH		SOLE	Avalon Trust	0	0	831
PACKAGING CORP AMER	COM	695156109	54,768	300	SH		SOLE	Avalon Trust	0	0	300
PALO ALTO NETWORKS INC	COM	697435105	11,746,697	34,650	SH		SOLE	Avalon Trust	0	0	34,650
PAYPAL HLDGS INC	COM	70450Y103	113,275	1,952	SH		SOLE	Avalon Trust	0	0	1,952
PEPSICO INC	COM	713448108	502,047	3,044	SH		SOLE	Avalon Trust	0	0	3,044
PERRIGO CO PLC	SHS	G97822103	2,568	100	SH		SOLE	Avalon Trust	0	0	100
PFIZER INC	COM	717081103	55,205	1,973	SH		SOLE	Avalon Trust	0	0	1,973
PINTEREST INC	CL A	72352L106	2,204	50	SH		SOLE	Avalon Trust	0	0	50
PNC FINL SVCS GROUP INC	COM	693475105	21,125,068	135,870	SH		SOLE	Avalon Trust	0	0	135,870
PREFORMED LINE PRODS CO	COM	740444104	49,816	400	SH		SOLE	Avalon Trust	0	0	400
PROCTER AND GAMBLE CO	COM	742718109	1,226,016	7,434	SH		SOLE	Avalon Trust	0	0	7,434
PROGRESSIVE CORP	COM	743315103	35,983,265	173,238	SH		SOLE	Avalon Trust	0	0	173,238
PROLOGIS INC.	COM	74340W103	81,538	726	SH		SOLE	Avalon Trust	0	0	726
PRUDENTIAL FINL INC	COM	744320102	19,219	164	SH		SOLE	Avalon Trust	0	0	164
QUALCOMM INC	COM	747525103	67,921	341	SH		SOLE	Avalon Trust	0	0	341
QUANTA SVCS INC	COM	74762E102	23,741,916	93,439	SH		SOLE	Avalon Trust	0	0	93,439
RESMED INC	COM	761152107	18,192,557	95,040	SH		SOLE	Avalon Trust	0	0	95,040
RIVIAN AUTOMOTIVE INC	COM CL A	76954A103	2,148	160	SH		SOLE	Avalon Trust	0	0	160
ROPER TECHNOLOGIES INC	COM	776696106	145,988	259	SH		SOLE	Avalon Trust	0	0	259
ROSS STORES INC	COM	778296103	18,165	125	SH		SOLE	Avalon Trust	0	0	125
RPM INTL INC	COM	749685103	43,072	400	SH		SOLE	Avalon Trust	0	0	400
S&P GLOBAL INC	COM	78409V104	188,212	422	SH		SOLE	Avalon Trust	0	0	422
SALESFORCE INC	COM	79466L302	586,446	2,281	SH		SOLE	Avalon Trust	0	0	2,281
SCHWAB CHARLES CORP	COM	808513105	1,031,660	14,000	SH		SOLE	Avalon Trust	0	0	14,000
SCHWAB STRATEGIC TR	US DIVIDEND EQ	808524797	88,647	1,140	SH		SOLE	Avalon Trust	0	0	1,140
SCHWAB STRATEGIC TR	US LCAP GR ETF	808524300	40,336	400	SH		SOLE	Avalon Trust	0	0	400
SELECT SECTOR SPDR TR	SBI CONS STPLS	81369Y308	19,069	249	SH		SOLE	Avalon Trust	0	0	249
SELECT SECTOR SPDR TR	SBI HEALTHCARE	81369Y209	2,433,005	16,693	SH		SOLE	Avalon Trust	0	0	16,693
SELECT SECTOR SPDR TR	SBI INT-UTILS	81369Y886	34,070	500	SH		SOLE	Avalon Trust	0	0	500
SELECT SECTOR SPDR TR	TECHNOLOGY	81369Y803	203,834	901	SH		SOLE	Avalon Trust	0	0	901
SERVICE CORP INTL	COM	817565104	71,130	1,000	SH		SOLE	Avalon Trust	0	0	1,000
SERVICENOW INC	COM	81762P102	59,787	76	SH		SOLE	Avalon Trust	0	0	76
SMUCKER J M CO	COM NEW	832696405	327,120	3,000	SH		SOLE	Avalon Trust	0	0	3,000
SOLVENTUM CORP	COM SHS	83444M101	39,660	750	SH		SOLE	Avalon Trust	0	0	750
SONY GROUP CORP	SPONSORED ADR	835699307	21,238	250	SH		SOLE	Avalon Trust	0	0	250
SPDR GOLD TR	GOLD SHS	78463V107	1,995,723	9,282	SH		SOLE	Avalon Trust	0	0	9,282
SPDR S&P 500 ETF TR	TR UNIT	78462F103	4,302,604	7,906	SH		SOLE	Avalon Trust	0	0	7,906
SPDR S&P MIDCAP 400 ETF TR	UTSER1 S&PDCRP	78467Y107	670,991	1,254	SH		SOLE	Avalon Trust	0	0	1,254
SPOTIFY TECHNOLOGY S A	SHS	L8681T102	6,590	21	SH		SOLE	Avalon Trust	0	0	21
STARBUCKS CORP	COM	855244109	222,651	2,860	SH		SOLE	Avalon Trust	0	0	2,860
STRIDE INC	COM	86333M108	5,781	82	SH		SOLE	Avalon Trust	0	0	82
STRYKER CORPORATION	COM	863667101	34,025	100	SH		SOLE	Avalon Trust	0	0	100
SUNOCO LP/SUNOCO FIN CORP	COM UT REP LP	86765K109	28,270	500	SH		SOLE	Avalon Trust	0	0	500
SYNOPSYS INC	COM	871607107	68,432	115	SH		SOLE	Avalon Trust	0	0	115
TAIWAN SEMICONDUCTOR MFG LTD	SPONSORED ADS	874039100	289,220	1,664	SH		SOLE	Avalon Trust	0	0	1,664
TARGET CORP	COM	87612E106	321,505	2,172	SH		SOLE	Avalon Trust	0	0	2,172
TE CONNECTIVITY LTD	SHS	H84989104	13,539	90	SH		SOLE	Avalon Trust	0	0	90
TESLA INC	COM	88160R101	158,700	802	SH		SOLE	Avalon Trust	0	0	802
TEXAS INSTRS INC	COM	882508104	220,792	1,135	SH		SOLE	Avalon Trust	0	0	1,135
THE CIGNA GROUP	COM	125523100	310,406	939	SH		SOLE	Avalon Trust	0	0	939
THERMO FISHER SCIENTIFIC INC	COM	883556102	19,297,488	34,896	SH		SOLE	Avalon Trust	0	0	34,896
TJX COS INC NEW	COM	872540109	23,682,764	215,102	SH		SOLE	Avalon Trust	0	0	215,102
TOAST INC	CL A	888787108	25,770	1,000	SH		SOLE	Avalon Trust	0	0	1,000
TRANE TECHNOLOGIES PLC	SHS	G8994E103	2,917,610	8,870	SH		SOLE	Avalon Trust	0	0	8,870
TRANSDIGM GROUP INC	COM	893641100	157,147	123	SH		SOLE	Avalon Trust	0	0	123
TRAVELERS COMPANIES INC	COM	89417E109	1,331,877	6,550	SH		SOLE	Avalon Trust	0	0	6,550
TRIMBLE INC	COM	896239100	11,453,759	204,824	SH		SOLE	Avalon Trust	0	0	204,824
TRUIST FINL CORP	COM	89832Q109	505,050	13,000	SH		SOLE	Avalon Trust	0	0	13,000
TYLER TECHNOLOGIES INC	COM	902252105	10,689,103	21,260	SH		SOLE	Avalon Trust	0	0	21,260
ULTA BEAUTY INC	COM	90384S303	13,744,690	35,620	SH		SOLE	Avalon Trust	0	0	35,620
UNILEVER PLC	SPON ADR NEW	904767704	32,994	600	SH		SOLE	Avalon Trust	0	0	600
UNION PAC CORP	COM	907818108	221,509	979	SH		SOLE	Avalon Trust	0	0	979
UNITED PARCEL SERVICE INC	CL B	911312106	82,453	603	SH		SOLE	Avalon Trust	0	0	603
UNITED RENTALS INC	COM	911363109	225,709	349	SH		SOLE	Avalon Trust	0	0	349
UNITEDHEALTH GROUP INC	COM	91324P102	1,611,299	3,164	SH		SOLE	Avalon Trust	0	0	3,164
UNIVERSAL DISPLAY CORP	COM	91347P105	77,793	370	SH		SOLE	Avalon Trust	0	0	370
US BANCORP DEL	COM NEW	902973304	24,217	610	SH		SOLE	Avalon Trust	0	0	610
US FOODS HLDG CORP	COM	912008109	7,947	150	SH		SOLE	Avalon Trust	0	0	150
VALERO ENERGY CORP	COM	91913Y100	21,477	137	SH		SOLE	Avalon Trust	0	0	137
VALMONT INDS INC	COM	920253101	11,205,794	40,830	SH		SOLE	Avalon Trust	0	0	40,830
VANECK ETF TRUST	INTRMDT MUNI ETF	92189H201	50,424	1,100	SH		SOLE	Avalon Trust	0	0	1,100
VANECK ETF TRUST	PHARMACEUTCL ETF	92189F692	26,069,513	284,975	SH		SOLE	Avalon Trust	0	0	284,975
VANGUARD INDEX FDS	EXTEND MKT ETF	922908652	1,665,620	9,868	SH		SOLE	Avalon Trust	0	0	9,868
VANGUARD INDEX FDS	LARGE CAP ETF	922908637	1,497,720	6,000	SH		SOLE	Avalon Trust	0	0	6,000
VANGUARD INDEX FDS	REAL ESTATE ETF	922908553	437,563	5,224	SH		SOLE	Avalon Trust	0	0	5,224
VANGUARD INDEX FDS	S&P 500 ETF SHS	922908363	222,558	445	SH		SOLE	Avalon Trust	0	0	445
VANGUARD INDEX FDS	SMALL CP ETF	922908751	603,317	2,767	SH		SOLE	Avalon Trust	0	0	2,767
VANGUARD INDEX FDS	TOTAL STK MKT	922908769	1,976,899	7,390	SH		SOLE	Avalon Trust	0	0	7,390
VANGUARD SCOTTSDALE FDS	SHORT TERM TREAS	92206C102	17,455	301	SH		SOLE	Avalon Trust	0	0	301
VANGUARD SPECIALIZED FUNDS	DIV APP ETF	921908844	127,785	700	SH		SOLE	Avalon Trust	0	0	700
VANGUARD STAR FDS	VG TL INTL STK F	921909768	3,798,900	63,000	SH		SOLE	Avalon Trust	0	0	63,000
VANGUARD WORLD FD	CONSUM STP ETF	92204A207	313,682	1,545	SH		SOLE	Avalon Trust	0	0	1,545
VANGUARD WORLD FD	INF TECH ETF	92204A702	62,272	108	SH		SOLE	Avalon Trust	0	0	108
VANGUARD WORLD FD	MEGA CAP VAL ETF	921910840	395,079	3,334	SH		SOLE	Avalon Trust	0	0	3,334
VANGUARD WORLD FD	MEGA GRWTH IND	921910816	830,143	2,642	SH		SOLE	Avalon Trust	0	0	2,642
VERALTO CORP	COM SHS	92338C103	12,628,199	132,274	SH		SOLE	Avalon Trust	0	0	132,274
VERISK ANALYTICS INC	COM	92345Y106	536,675	1,991	SH		SOLE	Avalon Trust	0	0	1,991
VERIZON COMMUNICATIONS INC	COM	92343V104	84,542	2,050	SH		SOLE	Avalon Trust	0	0	2,050
VISA INC	COM CL A	92826C839	44,706,778	170,331	SH		SOLE	Avalon Trust	0	0	170,331
VITA COCO CO INC	COM	92846Q107	3,510	126	SH		SOLE	Avalon Trust	0	0	126
VULCAN MATLS CO	COM	929160109	63,414	255	SH		SOLE	Avalon Trust	0	0	255
WALMART INC	COM	931142103	132,035	1,950	SH		SOLE	Avalon Trust	0	0	1,950
WARNER BROS DISCOVERY INC	COM SER A	934423104	2,485	334	SH		SOLE	Avalon Trust	0	0	334
WASTE MGMT INC DEL	COM	94106L109	11,043,759	51,766	SH		SOLE	Avalon Trust	0	0	51,766
WATERS CORP	COM	941848103	387,311	1,335	SH		SOLE	Avalon Trust	0	0	1,335
WEC ENERGY GROUP INC	COM	92939U106	54,922	700	SH		SOLE	Avalon Trust	0	0	700
WELLS FARGO CO NEW	COM	949746101	71,268	1,200	SH		SOLE	Avalon Trust	0	0	1,200
WESTERN UN CO	COM	959802109	105,092	8,600	SH		SOLE	Avalon Trust	0	0	8,600
WESTPORT FUEL SYSTEMS INC	COM	960908507	73	13	SH		SOLE	Avalon Trust	0	0	13
WEYERHAEUSER CO MTN BE	COM NEW	962166104	56,639	1,995	SH		SOLE	Avalon Trust	0	0	1,995
WHIRLPOOL CORP	COM	963320106	255,500	2,500	SH		SOLE	Avalon Trust	0	0	2,500
WILLIS TOWERS WATSON PLC LTD	SHS	G96629103	13,107	50	SH		SOLE	Avalon Trust	0	0	50
WISDOMTREE TR	WISDOMTREE US VA	97717W547	149,483	2,048	SH		SOLE	Avalon Trust	0	0	2,048
XCEL ENERGY INC	COM	98389B100	42,728	800	SH		SOLE	Avalon Trust	0	0	800
XYLEM INC	COM	98419M100	40,689	300	SH		SOLE	Avalon Trust	0	0	300
ZOETIS INC	CL A	98978V103	143,369	827	SH		SOLE	Avalon Trust	0	0	827