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: July 31, 2015
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
3M CO COM 88579Y101 49,080,654 322,390 SH SOLE 322,390 0 0
ABBOTT LABS COM 002824100 1,136,772 8,358 SH SOLE 8,358 0 0
AGNICO EAGLE MINES LTD COM 008474108 642,222 5,400 SH SOLE 5,400 0 0
ALPHABET INC CAP STK CL C 02079K107 84,224,776 474,800 SH SOLE 474,800 0 0
AMAZON COM INC COM 023135106 63,688,917 290,300 SH SOLE 290,300 0 0
AMERISAFE INC COM 03071H100 18,668,337 426,900 SH SOLE 426,900 0 0
ANALOG DEVICES INC COM 032654105 413,203 1,736 SH SOLE 1,736 0 0
APPLE INC COM 037833100 5,129,250 25,000 SH SOLE 25,000 0 0
APPLIED MATLS INC COM 038222105 2,379,910 13,000 SH SOLE 13,000 0 0
ARCELORMITTAL SA LUXEMBOURG NY REGISTRY SH 03938L203 254,724 8,066 SH SOLE 8,066 0 0
AT&T INC COM 00206R102 3,951,844 136,553 SH SOLE 136,553 0 0
AVALONBAY CMNTYS INC COM 053484101 13,227,500 65,000 SH SOLE 65,000 0 0
BAXTER INTL INC COM 071813109 31,794,000 1,050,000 SH SOLE 1,050,000 0 0
BECTON DICKINSON & CO COM 075887109 26,687,554 154,935 SH SOLE 154,935 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 105,676,000 145 SH SOLE 145 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 4,653,677 9,580 SH SOLE 9,580 0 0
BLACKROCK INC COM 09290D101 1,259,100 1,200 SH SOLE 1,200 0 0
BROADCOM INC COM 11135F101 658,804 2,390 SH SOLE 2,390 0 0
C H ROBINSON WORLDWIDE INC COM NEW 12541W209 901,930 9,400 SH SOLE 9,400 0 0
CARNIVAL CORP UNIT 99/99/9999 143658300 18,278,000 650,000 SH SOLE 650,000 0 0
CARRIER GLOBAL CORPORATION COM 14448C104 935,881 12,787 SH SOLE 12,787 0 0
CISCO SYS INC COM 17275R102 34,963,357 503,940 SH SOLE 503,940 0 0
CME GROUP INC COM 12572Q105 539,940 1,959 SH SOLE 1,959 0 0
COCA COLA CO COM 191216100 37,179,125 525,500 SH SOLE 525,500 0 0
COCA-COLA FEMSA SAB DE CV SPONS ADS REP 191241108 29,019,000 300,000 SH SOLE 300,000 0 0
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 798,403 10,232 SH SOLE 10,232 0 0
COLGATE PALMOLIVE CO COM 194162103 509,040 5,600 SH SOLE 5,600 0 0
COSTCO WHSL CORP NEW COM 22160K105 425,674 430 SH SOLE 430 0 0
CVS HEALTH CORP COM 126650100 390,220 5,657 SH SOLE 5,657 0 0
DELL TECHNOLOGIES INC CL C 24703L202 508,422 4,147 SH SOLE 4,147 0 0
DOVER CORP COM 260003108 714,597 3,900 SH SOLE 3,900 0 0
DOW INC COM 260557103 42,659,280 1,611,000 SH SOLE 1,611,000 0 0
DUPONT DE NEMOURS INC COM 26614N102 25,078,356 365,627 SH SOLE 365,627 0 0
ECOLAB INC COM 278865100 969,984 3,600 SH SOLE 3,600 0 0
ENBRIDGE INC COM 29250N105 8,117,265 179,110 SH SOLE 179,110 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107 31,010,000 1,000,000 SH SOLE 1,000,000 0 0
EXPEDITORS INTL WASH INC COM 302130109 467,854 4,095 SH SOLE 4,095 0 0
FMC CORP COM NEW 302491303 18,787,500 450,000 SH SOLE 450,000 0 0
FORTIVE CORP COM 34959J108 226,766 4,350 SH SOLE 4,350 0 0
GE AEROSPACE COM NEW 369604301 106,777,727 414,848 SH SOLE 414,848 0 0
GE HEALTHCARE TECHNOLOGIES I COMMON STOCK 36266G107 21,612,219 291,781 SH SOLE 291,781 0 0
GE VERNOVA INC COM 36828A101 54,877,617 103,709 SH SOLE 103,709 0 0
GENERAL MTRS CO COM 37045V100 482,258 9,800 SH SOLE 9,800 0 0
GRAHAM CORP COM 384556106 544,610 11,000 SH SOLE 11,000 0 0
GSK PLC SPONSORED ADR 37733W204 35,443,200 923,000 SH SOLE 923,000 0 0
HILLENBRAND INC COM 431571108 210,735 10,500 SH SOLE 10,500 0 0
HONDA MOTOR LTD ADR ECH CNV IN 3 438128308 15,356,300 532,650 SH SOLE 532,650 0 0
HOWMET AEROSPACE INC COM 443201108 1,309,052 7,033 SH SOLE 7,033 0 0
HUNTINGTON INGALLS INDS INC COM 446413106 45,153,020 187,000 SH SOLE 187,000 0 0
ILLINOIS TOOL WKS INC COM 452308109 630,488 2,550 SH SOLE 2,550 0 0
INTEL CORP COM 458140100 10,198,899 455,308 SH SOLE 455,308 0 0
ISHARES INC EM MKTS DIV ETF 464286319 40,969,500 1,430,000 SH SOLE 1,430,000 0 0
ISHARES INC CORE MSCI EMKT 46434G103 21,610,800 360,000 SH SOLE 360,000 0 0
ISHARES TR CORE S&P TTL STK 464287150 328,935,834 2,435,840 SH SOLE 2,435,840 0 0
ISHARES TR EAFE VALUE ETF 464288877 211,896,240 3,338,000 SH SOLE 3,338,000 0 0
ISHARES TR CORE MSCI INTL 46435G326 169,309,560 2,226,000 SH SOLE 2,226,000 0 0
ISHARES TR CORE S&P US VLU 464287663 35,399,100 374,000 SH SOLE 374,000 0 0
ISHARES TR CORE DIV GRWTH 46434V621 21,707,630 339,500 SH SOLE 339,500 0 0
ISHARES TR CORE HIGH DV ETF 46429B663 2,788,646 23,800 SH SOLE 23,800 0 0
ISHARES TR EAFE SML CP ETF 464288273 3,802,210 52,300 SH SOLE 52,300 0 0
JOHNSON & JOHNSON COM 478160104 44,031,715 288,260 SH SOLE 288,260 0 0
KELLANOVA COM 487836108 8,700,582 109,400 SH SOLE 109,400 0 0
KRAFT HEINZ CO COM 500754106 9,604,988 371,998 SH SOLE 371,998 0 0
LINDE PLC SHS G54950103 1,454,458 3,100 SH SOLE 3,100 0 0
MERCK & CO INC COM 58933Y105 577,868 7,300 SH SOLE 7,300 0 0
META PLATFORMS INC CL A 30303M102 109,348,034 148,150 SH SOLE 148,150 0 0
MICROSOFT CORP COM 594918104 44,839,024 90,145 SH SOLE 90,145 0 0
MONDELEZ INTL INC CL A 609207105 714,864 10,600 SH SOLE 10,600 0 0
MOODYS CORP COM 615369105 467,983 933 SH SOLE 933 0 0
MSC INDL DIRECT INC CL A 553530106 28,379,676 333,800 SH SOLE 333,800 0 0
NOVARTIS AG SPONSORED ADR 66987V109 5,462,754 45,143 SH SOLE 45,143 0 0
ORACLE CORP COM 68389X105 3,538,964 16,187 SH SOLE 16,187 0 0
OTIS WORLDWIDE CORP COM 68902V107 633,035 6,393 SH SOLE 6,393 0 0
PEPSICO INC COM 713448108 41,642,511 315,378 SH SOLE 315,378 0 0
PNC FINL SVCS GROUP INC COM 693475105 932,100 5,000 SH SOLE 5,000 0 0
POLARIS INC COM 731068102 42,072,750 1,035,000 SH SOLE 1,035,000 0 0
PROCTER AND GAMBLE CO COM 742718109 4,159,686 26,109 SH SOLE 26,109 0 0
QUALCOMM INC COM 747525103 1,248,439 7,839 SH SOLE 7,839 0 0
RIO TINTO PLC SPONSORED ADR 767204100 559,968 9,600 SH SOLE 9,600 0 0
RTX CORPORATION COM 75513E101 44,378,252 303,919 SH SOLE 303,919 0 0
SCHWAB STRATEGIC TR FUNDAMENTAL INTL 808524755 296,380,440 7,416,000 SH SOLE 7,416,000 0 0
SELECT SECTOR SPDR TR RL EST SEL SEC 81369Y860 16,643,460 401,531 SH SOLE 401,531 0 0
SNAP ON INC COM 833034101 925,761 2,975 SH SOLE 2,975 0 0
SPDR INDEX SHS FDS PORTFOLIO DEVLPD 78463X889 533,212,810 13,169,000 SH SOLE 13,169,000 0 0
SPDR SER TR NYSE TECH ETF 78464A102 325,405,792 1,371,400 SH SOLE 1,371,400 0 0
SPDR SER TR PORTFOLIO S&P400 78464A847 40,788,750 750,000 SH SOLE 750,000 0 0
SPDR SER TR PRTFLO S&P500 HI 78468R788 57,677,600 1,360,000 SH SOLE 1,360,000 0 0
STRYKER CORPORATION COM 863667101 3,280,960 8,293 SH SOLE 8,293 0 0
SYSCO CORP COM 871829107 840,714 11,100 SH SOLE 11,100 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 1,698,877 4,190 SH SOLE 4,190 0 0
TORONTO DOMINION BK ONT COM NEW 891160509 3,736,769 50,875 SH SOLE 50,875 0 0
TRUIST FINL CORP COM 89832Q109 12,381,120 288,000 SH SOLE 288,000 0 0
UNION PAC CORP COM 907818108 235,142 1,022 SH SOLE 1,022 0 0
UNITED PARCEL SERVICE INC CL B 911312106 1,241,562 12,300 SH SOLE 12,300 0 0
US BANCORP DEL COM NEW 902973304 28,281,250 625,000 SH SOLE 625,000 0 0
VANGUARD INDEX FDS SMALL CP ETF 922908751 51,289,107 216,428 SH SOLE 216,428 0 0
VANGUARD INDEX FDS TOTAL STK MKT 922908769 1,641,222 5,400 SH SOLE 5,400 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 40,889,373 826,716 SH SOLE 826,716 0 0
VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT 921943858 52,035,878 912,750 SH SOLE 912,750 0 0
VANGUARD WHITEHALL FDS HIGH DIV YLD 921946406 55,017,037 412,700 SH SOLE 412,700 0 0
VANGUARD WORLD FD CONSUM DIS ETF 92204A108 24,882,453 68,700 SH SOLE 68,700 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 434,128 10,033 SH SOLE 10,033 0 0
VODAFONE GROUP PLC NEW SPONSORED ADR 92857W308 423,156 39,733 SH SOLE 39,733 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 551,040 48,000 SH SOLE 48,000 0 0
WARNER BROS DISCOVERY INC COM SER A 934423104 269,855 23,527 SH SOLE 23,527 0 0
WORKDAY INC CL A 98138H101 7,824,000 32,600 SH SOLE 32,600 0 0
ZIMMER BIOMET HOLDINGS INC COM 98956P102 2,038,544 22,350 SH SOLE 22,350 0 0
3M CO COM 88579Y101 3,105,696 20,400 SH DFND 1 0 20,400 0
ALPHABET INC CAP STK CL C 02079K107 12,062,520 68,000 SH DFND 1 0 68,000 0
AMAZON COM INC COM 023135106 9,433,770 43,000 SH DFND 1 0 43,000 0
AT&T INC COM 00206R102 231,520 8,000 SH DFND 1 0 8,000 0
BECTON DICKINSON & CO COM 075887109 2,981,648 17,310 SH DFND 1 0 17,310 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 5,101,600 7 SH DFND 1 0 7 0
CISCO SYS INC COM 17275R102 3,754,846 54,120 SH DFND 1 0 54,120 0
COCA COLA CO COM 191216100 1,216,900 17,200 SH DFND 1 0 17,200 0
DUPONT DE NEMOURS INC COM 26614N102 1,543,275 22,500 SH DFND 1 0 22,500 0
GE AEROSPACE COM NEW 369604301 14,352,581 55,762 SH DFND 1 0 55,762 0
GE HEALTHCARE TECHNOLOGIES I COMMON STOCK 36266G107 2,858,139 38,587 SH DFND 1 0 38,587 0
GE VERNOVA INC COM 36828A101 7,376,351 13,940 SH DFND 1 0 13,940 0
HONDA MOTOR LTD ADR ECH CNV IN 3 438128308 2,248,740 78,000 SH DFND 1 0 78,000 0
INTEL CORP COM 458140100 539,840 24,100 SH DFND 1 0 24,100 0
ISHARES INC EM MKTS DIV ETF 464286319 4,870,500 170,000 SH DFND 1 0 170,000 0
ISHARES TR CORE S&P US VLU 464287663 25,934,100 274,000 SH DFND 1 0 274,000 0
ISHARES TR CORE MSCI INTL 46435G326 7,834,180 103,000 SH DFND 1 0 103,000 0
ISHARES TR CORE DIV GRWTH 46434V621 4,795,500 75,000 SH DFND 1 0 75,000 0
ISHARES TR CORE S&P TTL STK 464287150 41,531,552 307,550 SH DFND 1 0 307,550 0
ISHARES TR EAFE VALUE ETF 464288877 20,948,400 330,000 SH DFND 1 0 330,000 0
JOHNSON & JOHNSON COM 478160104 2,434,835 15,940 SH DFND 1 0 15,940 0
KELLANOVA COM 487836108 1,296,339 16,300 SH DFND 1 0 16,300 0
KRAFT HEINZ CO COM 500754106 2,527,778 97,900 SH DFND 1 0 97,900 0
META PLATFORMS INC CL A 30303M102 14,171,328 19,200 SH DFND 1 0 19,200 0
MICROSOFT CORP COM 594918104 5,173,064 10,400 SH DFND 1 0 10,400 0
MSC INDL DIRECT INC CL A 553530106 654,654 7,700 SH DFND 1 0 7,700 0
PEPSICO INC COM 713448108 1,161,952 8,800 SH DFND 1 0 8,800 0
RTX CORPORATION COM 75513E101 1,328,782 9,100 SH DFND 1 0 9,100 0
SCHWAB STRATEGIC TR FUNDAMENTAL INTL 808524755 20,741,835 519,000 SH DFND 1 0 519,000 0
SELECT SECTOR SPDR TR RL EST SEL SEC 81369Y860 4,423,171 106,711 SH DFND 1 0 106,711 0
SPDR INDEX SHS FDS PORTFOLIO DEVLPD 78463X889 103,775,870 2,563,000 SH DFND 1 0 2,563,000 0
SPDR SER TR PORTFOLIO S&P400 78464A847 9,789,300 180,000 SH DFND 1 0 180,000 0
SPDR SER TR NYSE TECH ETF 78464A102 22,280,592 93,900 SH DFND 1 0 93,900 0
SPDR SER TR PRTFLO S&P500 HI 78468R788 17,812,200 420,000 SH DFND 1 0 420,000 0
VANGUARD INDEX FDS SMALL CP ETF 922908751 4,621,110 19,500 SH DFND 1 0 19,500 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 15,480,980 313,000 SH DFND 1 0 313,000 0
VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT 921943858 6,385,120 112,000 SH DFND 1 0 112,000 0
VANGUARD WHITEHALL FDS HIGH DIV YLD 921946406 19,263,295 144,500 SH DFND 1 0 144,500 0
VANGUARD WORLD FD CONSUM DIS ETF 92204A108 2,861,301 7,900 SH DFND 1 0 7,900 0
WORKDAY INC CL A 98138H101 1,152,000 4,800 SH DFND 1 0 4,800 0
3M CO COM 88579Y101 1,781,208 11,700 SH DFND 2 0 11,700 0
ALPHABET INC CAP STK CL C 02079K107 6,740,820 38,000 SH DFND 2 0 38,000 0
AMAZON COM INC COM 023135106 5,484,750 25,000 SH DFND 2 0 25,000 0
BECTON DICKINSON & CO COM 075887109 1,741,448 10,110 SH DFND 2 0 10,110 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 2,915,200 4 SH DFND 2 0 4 0
CISCO SYS INC COM 17275R102 2,156,330 31,080 SH DFND 2 0 31,080 0
COCA COLA CO COM 191216100 530,625 7,500 SH DFND 2 0 7,500 0
DUPONT DE NEMOURS INC COM 26614N102 891,670 13,000 SH DFND 2 0 13,000 0
GE AEROSPACE COM NEW 369604301 8,249,350 32,050 SH DFND 2 0 32,050 0
GE HEALTHCARE TECHNOLOGIES I COMMON STOCK 36266G107 1,680,130 22,683 SH DFND 2 0 22,683 0
GE VERNOVA INC COM 36828A101 4,239,550 8,012 SH DFND 2 0 8,012 0
HONDA MOTOR LTD ADR ECH CNV IN 3 438128308 1,297,350 45,000 SH DFND 2 0 45,000 0
INTEL CORP COM 458140100 246,400 11,000 SH DFND 2 0 11,000 0
ISHARES INC EM MKTS DIV ETF 464286319 4,297,500 150,000 SH DFND 2 0 150,000 0
ISHARES TR CORE MSCI INTL 46435G326 6,312,980 83,000 SH DFND 2 0 83,000 0
ISHARES TR CORE S&P US VLU 464287663 20,444,400 216,000 SH DFND 2 0 216,000 0
ISHARES TR CORE DIV GRWTH 46434V621 6,394,000 100,000 SH DFND 2 0 100,000 0
ISHARES TR CORE S&P TTL STK 464287150 33,762,701 250,020 SH DFND 2 0 250,020 0
ISHARES TR EAFE VALUE ETF 464288877 18,726,600 295,000 SH DFND 2 0 295,000 0
JOHNSON & JOHNSON COM 478160104 1,307,540 8,560 SH DFND 2 0 8,560 0
KELLANOVA COM 487836108 747,582 9,400 SH DFND 2 0 9,400 0
KRAFT HEINZ CO COM 500754106 1,441,608 55,833 SH DFND 2 0 55,833 0
META PLATFORMS INC CL A 30303M102 2,177,366 2,950 SH DFND 2 0 2,950 0
MICROSOFT CORP COM 594918104 3,481,870 7,000 SH DFND 2 0 7,000 0
MSC INDL DIRECT INC CL A 553530106 382,590 4,500 SH DFND 2 0 4,500 0
PEPSICO INC COM 713448108 673,404 5,100 SH DFND 2 0 5,100 0
RTX CORPORATION COM 75513E101 773,906 5,300 SH DFND 2 0 5,300 0
SCHWAB STRATEGIC TR FUNDAMENTAL INTL 808524755 16,705,370 418,000 SH DFND 2 0 418,000 0
SELECT SECTOR SPDR TR RL EST SEL SEC 81369Y860 3,142,159 75,806 SH DFND 2 0 75,806 0
SPDR INDEX SHS FDS PORTFOLIO DEVLPD 78463X889 74,663,560 1,844,000 SH DFND 2 0 1,844,000 0
SPDR SER TR PORTFOLIO S&P400 78464A847 5,982,350 110,000 SH DFND 2 0 110,000 0
SPDR SER TR NYSE TECH ETF 78464A102 13,097,856 55,200 SH DFND 2 0 55,200 0
SPDR SER TR PRTFLO S&P500 HI 78468R788 11,450,700 270,000 SH DFND 2 0 270,000 0
VANGUARD INDEX FDS SMALL CP ETF 922908751 3,104,438 13,100 SH DFND 2 0 13,100 0
VANGUARD INDEX FDS TOTAL STK MKT 922908769 4,741,308 15,600 SH DFND 2 0 15,600 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 8,457,660 171,000 SH DFND 2 0 171,000 0
VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT 921943858 1,197,210 21,000 SH DFND 2 0 21,000 0
VANGUARD WHITEHALL FDS HIGH DIV YLD 921946406 22,262,770 167,000 SH DFND 2 0 167,000 0
VANGUARD WORLD FD CONSUM DIS ETF 92204A108 1,484,979 4,100 SH DFND 2 0 4,100 0
WORKDAY INC CL A 98138H101 648,000 2,700 SH DFND 2 0 2,700 0