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 2,608,344 15,890 SH SOLE 15,890 0 0
ABBOTT LABORATORIES COM 002824100 826,021 8,358 SH SOLE 8,358 0 0
ALPHABET INC CAP STK CL C 02079K107 55,531,768 162,974 SH SOLE 162,974 0 0
AMAZON COM INC COM 023135106 49,945,356 200,463 SH SOLE 200,463 0 0
AMERISAFE INC COM 03071H100 10,087,647 426,900 SH SOLE 426,900 0 0
APPLE INC COM 037833100 2,040,747 6,128 SH SOLE 6,128 0 0
APPLIED MATLS INC COM 038222105 2,564,059 5,014 SH SOLE 5,014 0 0
AT&T INC COM 00206R102 306,293 12,553 SH SOLE 12,553 0 0
BAXTER INTL INC COM 071813109 25,200,000 1,050,000 SH SOLE 1,050,000 0 0
BECTON DICKINSON & CO COM 075887109 27,733,365 154,935 SH SOLE 154,935 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 108,315,725 145 SH SOLE 145 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 4,789,781 9,619 SH SOLE 9,619 0 0
BLACKROCK INC COM 09290D101 1,269,948 1,200 SH SOLE 1,200 0 0
BLUE OWL TECHNOLOGY FIN CORP COMMON STOCK 095924106 30,251,715 3,083,763 SH SOLE 3,083,763 0 0
BROADCOM INC COM 11135F101 839,344 2,390 SH SOLE 2,390 0 0
CARNIVAL CORP LTD COMMON SHARES G2004J103 15,951,000 650,000 SH SOLE 650,000 0 0
CARRIER GLOBAL CORPORATION COM 14448C104 701,495 12,787 SH SOLE 12,787 0 0
CISCO SYS INC COM 17275R102 2,891,265 26,863 SH SOLE 26,863 0 0
CME GROUP INC COM 12572Q105 277,699 1,060 SH SOLE 1,060 0 0
COCA COLA CO COM 191216100 1,635,520 19,000 SH SOLE 19,000 0 0
DOVER CORP COM 260003108 729,495 3,900 SH SOLE 3,900 0 0
DOW HLDGS INC COM 260557103 44,366,940 1,611,000 SH SOLE 1,611,000 0 0
ECOLAB INC COM 278865100 988,488 3,600 SH SOLE 3,600 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107 35,610,000 1,000,000 SH SOLE 1,000,000 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 11,030,674 181,545 SH SOLE 181,545 0 0
EXPEDITORS INTL WASH INC COM 302130109 329,213 1,783 SH SOLE 1,783 0 0
FMC CORP COM NEW 302491303 4,014,000 450,000 SH SOLE 450,000 0 0
GE AEROSPACE COM NEW 369604301 10,472,957 33,536 SH SOLE 33,536 0 0
GE HEALTHCARE TECHNOLOGIES I COMMON STOCK 36266G107 19,073,724 291,781 SH SOLE 291,781 0 0
GE VERNOVA INC COM 36828A101 8,013,581 8,431 SH SOLE 8,431 0 0
HONDA MOTOR CO LTD ADR ECH CNV IN 3 438128308 1,426,740 45,150 SH SOLE 45,150 0 0
ILLINOIS TOOL WKS INC COM 452308109 656,064 2,550 SH SOLE 2,550 0 0
ISHARES INC EM MKTS DIV ETF 464286319 6,120,000 180,000 SH SOLE 180,000 0 0
ISHARES INC CORE MSCI EMKT 46434G103 16,232,000 200,000 SH SOLE 200,000 0 0
ISHARES TR CORE S&P TTL STK 464287150 269,064,984 1,618,144 SH SOLE 1,618,144 0 0
ISHARES TR EAFE VALUE ETF 464288877 185,860,290 2,348,500 SH SOLE 2,348,500 0 0
ISHARES TR CORE MSCI INTL 46435G326 119,518,560 1,336,000 SH SOLE 1,336,000 0 0
ISHARES TR CORE S&P US VLU 464287663 41,371,880 374,000 SH SOLE 374,000 0 0
ISHARES TR CORE DIV GRWTH 46434V621 25,594,905 339,500 SH SOLE 339,500 0 0
ISHARES TR CORE HIGH DV ETF 46429B663 3,327,240 119,000 SH SOLE 119,000 0 0
ISHARES TR EAFE SML CP ETF 464288273 4,869,880 57,700 SH SOLE 57,700 0 0
JOHNSON & JOHNSON COM 478160104 53,785,108 203,162 SH SOLE 203,162 0 0
KRAFT HEINZ CO COM 500754106 8,451,794 371,998 SH SOLE 371,998 0 0
LINDE PLC SHS G54950103 1,471,415 3,100 SH SOLE 3,100 0 0
MERCK & CO INC COM 58933Y105 1,078,346 7,421 SH SOLE 7,421 0 0
META PLATFORMS INC CL A 30303M102 68,647,714 94,663 SH SOLE 94,663 0 0
MICROSOFT CORP COM 594918104 44,048,365 85,881 SH SOLE 85,881 0 0
MONDELEZ INTL INC CL A 609207105 612,892 10,600 SH SOLE 10,600 0 0
MSC INDL DIRECT INC CL A 553530106 1,769,196 14,300 SH SOLE 14,300 0 0
NOVARTIS AG SPONSORED ADR 66987V109 3,756,292 26,347 SH SOLE 26,347 0 0
OTIS WORLDWIDE CORP COM 68902V107 325,974 5,068 SH SOLE 5,068 0 0
PEPSICO INC COM 713448108 39,964,700 315,378 SH SOLE 315,378 0 0
PNC FINL SVCS GROUP INC COM 693475105 1,111,300 5,000 SH SOLE 5,000 0 0
POLARIS INC COM 731068102 37,287,250 715,000 SH SOLE 715,000 0 0
PROCTER & GAMBLE CO COM 742718109 3,598,440 24,769 SH SOLE 24,769 0 0
QNITY ELECTRONICS INC COMMON STOCK 74743L100 235,763 1,875 SH SOLE 1,875 0 0
QUALCOMM INC COM 747525103 1,030,624 5,600 SH SOLE 5,600 0 0
RIO TINTO PLC SPONSORED ADR 767204100 904,032 9,600 SH SOLE 9,600 0 0
RTX CORPORATION COM 75513E101 2,506,275 13,500 SH SOLE 13,500 0 0
SCHWAB STRATEGIC TR FUNDAMENTAL INTL 808524755 94,957,820 1,766,000 SH SOLE 1,766,000 0 0
SELECT SECTOR SPDR TR ST STR REAL ETF 81369Y860 16,426,634 401,531 SH SOLE 401,531 0 0
SNAP ON INC COM 833034101 1,080,966 2,975 SH SOLE 2,975 0 0
SPDR INDEX SHS FDS ST STR PO EX ETF 78463X889 379,494,460 7,558,145 SH SOLE 7,558,145 0 0
SPDR SERIES TRUST ST STR NYSE TECH 78464A102 108,026,004 282,650 SH SOLE 282,650 0 0
SPDR SERIES TRUST ST STR P400MID 78464A847 47,295,000 750,000 SH SOLE 750,000 0 0
SPDR SERIES TRUST ST STR SP500DIV 78468R788 62,150,138 1,369,700 SH SOLE 1,369,700 0 0
STRYKER CORPORATION COM 863667101 2,203,120 8,000 SH SOLE 8,000 0 0
SYSCO CORP COM 871829107 865,356 11,100 SH SOLE 11,100 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 2,828,460 4,190 SH SOLE 4,190 0 0
UNITED PARCEL SVCS INC CL B 911312106 1,149,312 12,300 SH SOLE 12,300 0 0
VANGUARD INDEX FDS SMALL CP ETF 922908751 66,151,891 232,528 SH SOLE 232,528 0 0
VANGUARD INDEX FDS TOTAL STK MKT 922908769 2,020,896 5,400 SH SOLE 5,400 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 11,400,331 192,216 SH SOLE 192,216 0 0
VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT 921943858 64,449,278 912,750 SH SOLE 912,750 0 0
VANGUARD WHITEHALL FDS HIGH DIV YLD 921946406 64,051,040 412,700 SH SOLE 412,700 0 0
VANGUARD WORLD FD CONSUM DIS ETF 92204A108 25,225,953 68,700 SH SOLE 68,700 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 460,214 10,033 SH SOLE 10,033 0 0
ZIMMER BIOMET HOLDINGS INC COM 98956P102 1,985,351 22,350 SH SOLE 22,350 0 0
3M CO COM 88579Y101 3,348,660 20,400 SH DFND 1 0 20,400 0
ALPHABET INC CAP STK CL C 02079K107 11,925,900 35,000 SH DFND 1 0 35,000 0
AMAZON COM INC COM 023135106 10,713,450 43,000 SH DFND 1 0 43,000 0
BECTON DICKINSON & CO COM 075887109 3,098,490 17,310 SH DFND 1 0 17,310 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 5,229,035 7 SH DFND 1 0 7 0
COCA COLA CO COM 191216100 1,480,576 17,200 SH DFND 1 0 17,200 0
GE AEROSPACE COM NEW 369604301 10,617,860 34,000 SH DFND 1 0 34,000 0
GE HEALTHCARE TECHNOLOGIES I COMMON STOCK 36266G107 2,522,432 38,587 SH DFND 1 0 38,587 0
GE VERNOVA INC COM 36828A101 13,249,831 13,940 SH DFND 1 0 13,940 0
HONDA MOTOR CO LTD ADR ECH CNV IN 3 438128308 2,464,800 78,000 SH DFND 1 0 78,000 0
ISHARES TR CORE S&P US VLU 464287663 30,309,880 274,000 SH DFND 1 0 274,000 0
ISHARES TR CORE MSCI INTL 46435G326 9,214,380 103,000 SH DFND 1 0 103,000 0
ISHARES TR CORE S&P TTL STK 464287150 61,947,614 372,550 SH DFND 1 0 372,550 0
ISHARES TR EAFE VALUE ETF 464288877 26,116,200 330,000 SH DFND 1 0 330,000 0
ISHARES TR CORE DIV GRWTH 46434V621 5,654,250 75,000 SH DFND 1 0 75,000 0
JOHNSON & JOHNSON COM 478160104 4,219,956 15,940 SH DFND 1 0 15,940 0
KRAFT HEINZ CO COM 500754106 2,224,288 97,900 SH DFND 1 0 97,900 0
META PLATFORMS INC CL A 30303M102 13,923,456 19,200 SH DFND 1 0 19,200 0
MICROSOFT CORP COM 594918104 5,334,160 10,400 SH DFND 1 0 10,400 0
MSC INDL DIRECT INC CL A 553530106 952,644 7,700 SH DFND 1 0 7,700 0
PEPSICO INC COM 713448108 1,115,136 8,800 SH DFND 1 0 8,800 0
RTX CORPORATION COM 75513E101 1,689,415 9,100 SH DFND 1 0 9,100 0
SCHWAB STRATEGIC TR FUNDAMENTAL INTL 808524755 27,906,630 519,000 SH DFND 1 0 519,000 0
SELECT SECTOR SPDR TR ST STR REAL ETF 81369Y860 4,365,547 106,711 SH DFND 1 0 106,711 0
SPDR INDEX SHS FDS ST STR PO EX ETF 78463X889 115,483,000 2,300,000 SH DFND 1 0 2,300,000 0
SPDR SERIES TRUST ST STR SP500DIV 78468R788 19,057,500 420,000 SH DFND 1 0 420,000 0
SPDR SERIES TRUST ST STR P400MID 78464A847 11,350,800 180,000 SH DFND 1 0 180,000 0
SPDR SERIES TRUST ST STR NYSE TECH 78464A102 35,887,641 93,900 SH DFND 1 0 93,900 0
VANGUARD INDEX FDS SMALL CP ETF 922908751 5,547,555 19,500 SH DFND 1 0 19,500 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 18,564,030 313,000 SH DFND 1 0 313,000 0
VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT 921943858 7,908,320 112,000 SH DFND 1 0 112,000 0
VANGUARD WHITEHALL FDS HIGH DIV YLD 921946406 22,426,400 144,500 SH DFND 1 0 144,500 0
VANGUARD WORLD FD CONSUM DIS ETF 92204A108 2,900,801 7,900 SH DFND 1 0 7,900 0
3M CO COM 88579Y101 1,920,555 11,700 SH DFND 2 0 11,700 0
ALPHABET INC CAP STK CL C 02079K107 7,496,280 22,000 SH DFND 2 0 22,000 0
AMAZON COM INC COM 023135106 6,228,750 25,000 SH DFND 2 0 25,000 0
BECTON DICKINSON & CO COM 075887109 1,809,690 10,110 SH DFND 2 0 10,110 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 2,988,020 4 SH DFND 2 0 4 0
COCA COLA CO COM 191216100 645,600 7,500 SH DFND 2 0 7,500 0
GE AEROSPACE COM NEW 369604301 6,870,380 22,000 SH DFND 2 0 22,000 0
GE HEALTHCARE TECHNOLOGIES I COMMON STOCK 36266G107 1,482,788 22,683 SH DFND 2 0 22,683 0
GE VERNOVA INC COM 36828A101 7,615,326 8,012 SH DFND 2 0 8,012 0
HONDA MOTOR CO LTD ADR ECH CNV IN 3 438128308 1,422,000 45,000 SH DFND 2 0 45,000 0
ISHARES TR CORE MSCI INTL 46435G326 7,425,180 83,000 SH DFND 2 0 83,000 0
ISHARES TR CORE S&P US VLU 464287663 23,893,920 216,000 SH DFND 2 0 216,000 0
ISHARES TR CORE DIV GRWTH 46434V621 7,539,000 100,000 SH DFND 2 0 100,000 0
ISHARES TR CORE S&P TTL STK 464287150 29,099,000 175,000 SH DFND 2 0 175,000 0
ISHARES TR EAFE VALUE ETF 464288877 23,346,300 295,000 SH DFND 2 0 295,000 0
JOHNSON & JOHNSON COM 478160104 2,266,174 8,560 SH DFND 2 0 8,560 0
KRAFT HEINZ CO COM 500754106 1,268,526 55,833 SH DFND 2 0 55,833 0
META PLATFORMS INC CL A 30303M102 2,139,281 2,950 SH DFND 2 0 2,950 0
MICROSOFT CORP COM 594918104 3,590,300 7,000 SH DFND 2 0 7,000 0
MSC INDL DIRECT INC CL A 553530106 556,740 4,500 SH DFND 2 0 4,500 0
PEPSICO INC COM 713448108 646,272 5,100 SH DFND 2 0 5,100 0
RTX CORPORATION COM 75513E101 983,945 5,300 SH DFND 2 0 5,300 0
SCHWAB STRATEGIC TR FUNDAMENTAL INTL 808524755 22,475,860 418,000 SH DFND 2 0 418,000 0
SELECT SECTOR SPDR TR ST STR REAL ETF 81369Y860 3,101,223 75,806 SH DFND 2 0 75,806 0
SPDR INDEX SHS FDS ST STR PO EX ETF 78463X889 80,034,740 1,594,000 SH DFND 2 0 1,594,000 0
SPDR SERIES TRUST ST STR P400MID 78464A847 6,936,600 110,000 SH DFND 2 0 110,000 0
SPDR SERIES TRUST ST STR NYSE TECH 78464A102 21,096,888 55,200 SH DFND 2 0 55,200 0
SPDR SERIES TRUST ST STR SP500DIV 78468R788 12,251,250 270,000 SH DFND 2 0 270,000 0
VANGUARD INDEX FDS SMALL CP ETF 922908751 3,726,819 13,100 SH DFND 2 0 13,100 0
VANGUARD INDEX FDS TOTAL STK MKT 922908769 5,838,144 15,600 SH DFND 2 0 15,600 0
VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT 921943858 1,482,810 21,000 SH DFND 2 0 21,000 0
VANGUARD WHITEHALL FDS HIGH DIV YLD 921946406 25,918,400 167,000 SH DFND 2 0 167,000 0
VANGUARD WORLD FD CONSUM DIS ETF 92204A108 1,505,479 4,100 SH DFND 2 0 4,100 0