The Securities and Exchange Commission has not necessarily
reviewed the information in this filing and has not determined
if it is accurate and complete.
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 FORM 13F FORM 13F INFORMATION TABLE |
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| 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 |
| ALPHABET INC | CAP STK CL C | 02079K107 | 15,558,073 | 54,236 | SH | SOLE | 0 | 0 | 54,236 | ||
| AMERICAN EXPRESS CO | COM | 025816109 | 1,524,499 | 5,040 | SH | SOLE | 0 | 0 | 5,040 | ||
| APPLE INC | COM | 037833100 | 9,221,955 | 36,337 | SH | SOLE | 0 | 0 | 36,337 | ||
| AUTONATION INC | COM | 05329W102 | 4,963,509 | 25,420 | SH | SOLE | 0 | 0 | 25,420 | ||
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 | 7,181,400 | 10 | SH | SOLE | 0 | 0 | 10 | ||
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | 27,362,799 | 57,101 | SH | SOLE | 0 | 0 | 57,101 | ||
| BUILDERS FIRSTSOURCE INC | COM | 12008R107 | 2,211,795 | 26,865 | SH | SOLE | 0 | 0 | 26,865 | ||
| BWX TECHNOLOGIES INC | COM | 05605H100 | 1,663,526 | 8,135 | SH | SOLE | 0 | 0 | 8,135 | ||
| CANADIAN NATL RY CO | COM | 136375102 | 275,835 | 2,684 | SH | SOLE | 0 | 0 | 2,684 | ||
| CASEYS GEN STORES INC | COM | 147528103 | 1,892,436 | 2,600 | SH | SOLE | 0 | 0 | 2,600 | ||
| COSTCO WHOLESALE CORPORATION | COM | 22160K105 | 7,101,277 | 7,127 | SH | SOLE | 0 | 0 | 7,127 | ||
| FIRST TR EXCHANGE TRADED FD | RBA INDL ETF | 33738R704 | 6,091,351 | 54,986 | SH | SOLE | 0 | 0 | 54,986 | ||
| FIRST TR EXCHANGE-TRADED FD | NASDQ CLN EDGE | 33737A108 | 8,172,815 | 49,962 | SH | SOLE | 0 | 0 | 49,962 | ||
| FLOOR & DECOR HLDGS INC | CL A | 339750101 | 721,360 | 14,200 | SH | SOLE | 0 | 0 | 14,200 | ||
| HAWAIIAN ELEC INDS INC MTN B | COM | 419870100 | 593,600 | 40,000 | SH | SOLE | 0 | 0 | 40,000 | ||
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 | 2,719,587 | 17,291 | SH | SOLE | 0 | 0 | 17,291 | ||
| ISHARES INC | MSCI EMRG CHN | 46434G764 | 16,059,563 | 204,164 | SH | SOLE | 0 | 0 | 204,164 | ||
| ISHARES TR | RUS 1000 VAL ETF | 464287598 | 246,751 | 1,155 | SH | SOLE | 0 | 0 | 1,155 | ||
| ISHARES TR | RUS 1000 GRW ETF | 464287614 | 244,268 | 573 | SH | SOLE | 0 | 0 | 573 | ||
| ISHARES TR | ESG AWR MSCI USA | 46435G425 | 268,659 | 1,900 | SH | SOLE | 0 | 0 | 1,900 | ||
| ISHARES TR | ESG AW MSCI EAFE | 46435G516 | 421,902 | 4,412 | SH | SOLE | 0 | 0 | 4,412 | ||
| ISHARES TR | 0-3 MNTH TREASRY | 46436E718 | 16,230,767 | 161,243 | SH | SOLE | 0 | 0 | 161,243 | ||
| J P MORGAN EXCHANGE TRADED F | ULTRA SHT MUNCPL | 46641Q654 | 2,239,925 | 43,937 | SH | SOLE | 0 | 0 | 43,937 | ||
| JOHNSON & JOHNSON | COM | 478160104 | 525,546 | 2,150 | SH | SOLE | 0 | 0 | 2,150 | ||
| KNIFE RIVER CORP | COMMON STOCK | 498894104 | 4,147,004 | 50,790 | SH | SOLE | 0 | 0 | 50,790 | ||
| LANDBRIDGE COMPANY LLC | CL A | 514952100 | 1,097,413 | 15,893 | SH | SOLE | 0 | 0 | 15,893 | ||
| LIBERTY MEDIA CORP DEL | COM LBTY ONE S A | 531229771 | 949,297 | 12,158 | SH | SOLE | 0 | 0 | 12,158 | ||
| LISTED FDS TR | HORIZON KINETICS | 53656F623 | 7,777,829 | 149,401 | SH | SOLE | 0 | 0 | 149,401 | ||
| LOWES COS INC | COM | 548661107 | 4,658,854 | 19,718 | SH | SOLE | 0 | 0 | 19,718 | ||
| LSB INDS INC | COM | 502160104 | 543,850 | 36,500 | SH | SOLE | 0 | 0 | 36,500 | ||
| MESABI TR | CTF BEN INT | 590672101 | 1,067,457 | 33,963 | SH | SOLE | 0 | 0 | 33,963 | ||
| MICROSOFT CORP | COM | 594918104 | 3,085,798 | 8,336 | SH | SOLE | 0 | 0 | 8,336 | ||
| NATURAL RESOURCE PARTNERS LP | COM UNIT LTD PAR | 63900P608 | 977,075 | 8,075 | SH | SOLE | 0 | 0 | 8,075 | ||
| NIKE INC | CL B | 654106103 | 544,152 | 10,302 | SH | SOLE | 0 | 0 | 10,302 | ||
| NVIDIA CORPORATION | COM | 67066G104 | 1,290,900 | 7,402 | SH | SOLE | 0 | 0 | 7,402 | ||
| OR ROYALTIES INC. | COM SHS | 68390D106 | 304,160 | 8,000 | SH | SOLE | 0 | 0 | 8,000 | ||
| RENN FD INC | COM | 759720105 | 305,366 | 93,099 | SH | SOLE | 0 | 0 | 93,099 | ||
| SOURCE CAPITAL | COM SHS OF BEN I | 836144303 | 623,142 | 13,453 | SH | SOLE | 0 | 0 | 13,453 | ||
| SPDR INDEX SHS FDS | STATE STREET SPD | 78463X889 | 13,506,156 | 295,863 | SH | SOLE | 0 | 0 | 295,863 | ||
| SPDR SERIES TRUST | STATE STREET SPD | 78464A409 | 15,297,505 | 156,240 | SH | SOLE | 0 | 0 | 156,240 | ||
| SPDR SERIES TRUST | STATE STREET SPD | 78464A508 | 10,039,498 | 177,439 | SH | SOLE | 0 | 0 | 177,439 | ||
| SPDR SERIES TRUST | STATE STREET SPD | 78464A847 | 6,277,376 | 106,001 | SH | SOLE | 0 | 0 | 106,001 | ||
| SPDR SERIES TRUST | STATE STREET SPD | 78468R523 | 25,462,684 | 256,061 | SH | SOLE | 0 | 0 | 256,061 | ||
| SPDR SERIES TRUST | STATE STREET SPD | 78468R663 | 3,305,525 | 36,071 | SH | SOLE | 0 | 0 | 36,071 | ||
| SPDR SERIES TRUST | STATE STREET SPD | 78468R853 | 3,232,898 | 66,906 | SH | SOLE | 0 | 0 | 66,906 | ||
| SPROTT ASSET MANAGEMENT LP | PHYSICAL GOLD TR | 85207H104 | 308,328 | 8,700 | SH | SOLE | 0 | 0 | 8,700 | ||
| STARBUCKS CORP | COM | 855244109 | 1,854,513 | 20,700 | SH | SOLE | 0 | 0 | 20,700 | ||
| STATE STR SPDR S&P 500 ETF T | TR UNIT | 78462F103 | 253,234 | 389 | SH | SOLE | 0 | 0 | 389 | ||
| TEXAS PACIFIC LAND CORPORATI | COM | 88262P102 | 9,778,450 | 20,605 | SH | SOLE | 0 | 0 | 20,605 | ||
| TIDEWATER INC NEW | COM | 88642R109 | 793,725 | 9,500 | SH | SOLE | 0 | 0 | 9,500 | ||
| TRIPLE FLAG PRECIOUS METAL | COM | 89679M104 | 242,970 | 7,000 | SH | SOLE | 0 | 0 | 7,000 | ||
| UNION PAC CORP | COM | 907818108 | 1,062,918 | 4,381 | SH | SOLE | 0 | 0 | 4,381 | ||
| UNITED RENTALS INC | COM | 911363109 | 1,022,245 | 1,403 | SH | SOLE | 0 | 0 | 1,403 | ||
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 | 873,291 | 3,041 | SH | SOLE | 0 | 0 | 3,041 | ||
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 | 2,012,744 | 4,608 | SH | SOLE | 0 | 0 | 4,608 | ||
| VANGUARD INDEX FDS | VALUE ETF | 922908744 | 1,263,810 | 6,441 | SH | SOLE | 0 | 0 | 6,441 | ||
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 | 876,096 | 3,345 | SH | SOLE | 0 | 0 | 3,345 | ||
| VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 92206C409 | 24,560,708 | 309,836 | SH | SOLE | 0 | 0 | 309,836 | ||
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 | 12,309,177 | 57,236 | SH | SOLE | 0 | 0 | 57,236 | ||
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 | 1,939,535 | 30,267 | SH | SOLE | 0 | 0 | 30,267 | ||
| VANGUARD WORLD FD | ESG US STK ETF | 921910733 | 824,830 | 7,347 | SH | SOLE | 0 | 0 | 7,347 | ||
| WALMART INC | COM | 931142103 | 1,518,618 | 12,219 | SH | SOLE | 0 | 0 | 12,219 | ||
| WATERBRIDGE INFRASTRUCTURE L | CL A SHS REPSTG | 940923105 | 2,344,125 | 87,500 | SH | SOLE | 0 | 0 | 87,500 | ||
| WHEATON PRECIOUS METALS CORP | COM | 962879102 | 1,513,166 | 11,550 | SH | SOLE | 0 | 0 | 11,550 | ||
| WHITE MTNS INS GROUP LTD | COM | G9618E107 | 2,574,837 | 1,172 | SH | SOLE | 0 | 0 | 1,172 | ||
| WORLD GOLD TR | SPDR GLD MINIS | 98149E303 | 2,062,538 | 22,252 | SH | SOLE | 0 | 0 | 22,252 | ||