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
AEGON LTD AMER REG 1 CERT 0076CA104 1,474,893 170,903 SH SOLE 170,903 0 0
ARGENX SE SPONSORED ADR 04016X101 326,029 340 SH SOLE 340 0 0
BRITISH AMERN TOB PLC SPONSORED ADR 110448107 8,977,958 165,036 SH SOLE 165,036 0 0
DIAGEO PLC SPON ADR NEW 25243Q205 3,263,500 38,125 SH SOLE 38,125 0 0
FRESENIUS MEDICAL CARE AG SPONSORED ADR 358029106 387,420 17,311 SH SOLE 17,311 0 0
ING GROEP N.V. SPONSORED ADR 456837103 1,199,154 33,779 SH SOLE 33,779 0 0
KONINKLIJKE PHILIPS N V NY REGIS SHS NEW 500472303 701,117 28,699 SH SOLE 28,699 0 0
NATWEST GROUP PLC SPONS ADR 639057207 923,581 50,886 SH SOLE 50,886 0 0
NOKIA CORP SPONSORED ADR 654902204 16,976,540 1,674,215 SH SOLE 1,674,215 0 0
PEARSON PLC SPONSORED ADR 705015105 205,761 12,820 SH SOLE 12,820 0 0
TENARIS S A SPONSORED ADS 88031M109 359,774 6,520 SH SOLE 6,520 0 0
VODAFONE GROUP PLC SPONSORED ADR 92857W308 809,826 50,144 SH SOLE 50,144 0 0
ACCELERANT HOLDINGS CL A G00894108 1,772,760 89,851 SH SOLE 89,851 0 0
ACV AUCTIONS INC COM CL A 00091G104 2,809,884 269,404 SH SOLE 269,404 0 0
ATKORE INC COM 047649108 10,051,459 106,084 SH SOLE 106,084 0 0
BIOLIFE SOLUTIONS INC COM NEW 09062W204 5,365,574 138,110 SH SOLE 138,110 0 0
EAGLE FINL SVCS INC COM 26951R104 934,041 20,619 SH SOLE 20,619 0 0
EQUITABLE HLDGS INC COM 29452E101 2,650,762 51,702 SH SOLE 51,702 0 0
SANARA MEDTECH INC COM 79957L100 5,234,314 148,956 SH SOLE 148,956 0 0
HEICO CORP NEW CL A 422806208 2,642,006 11,571 SH SOLE 11,571 0 0
UNDER ARMOUR INC CL A 904311107 4,681,247 1,049,607 SH SOLE 1,049,607 0 0
LIBERTY GLOBAL LTD COM CL C G61188127 1,390,467 156,408 SH SOLE 156,408 0 0
ALPHABET INC CAP STK CL C 02079K107 855,257 2,510 SH SOLE 2,510 0 0
BEL FUSE INC CL A 077347201 1,981,650 10,022 SH SOLE 10,022 0 0
BROWN FORMAN CORP CL B 115637209 290,899 11,103 SH SOLE 11,103 0 0
FOX CORP CL B COM 35137L204 2,821,080 50,108 SH SOLE 50,108 0 0
LIBERTY LIVE HOLDINGS INC COM SHS SER C 530909308 695,824 7,155 SH SOLE 7,155 0 0
NEWS CORP NEW CL A 65249B109 1,069,390 37,326 SH SOLE 37,326 0 0
RUSH ENTERPRISES INC CL A 781846209 5,288,169 115,437 SH SOLE 115,437 0 0
ZILLOW GROUP INC CL C CAP STK 98954M200 2,495,526 91,984 SH SOLE 91,984 0 0
ROBINHOOD MKTS INC COM CL A 770700102 1,051,538 9,347 SH SOLE 9,347 0 0
ISHARES TR 3 7 YR TREAS BD 464288661 226,880 2,000 SH SOLE 2,000 0 0
ISHARES TR 1 3 YR TREAS BD 464287457 56,940,038 701,232 SH SOLE 701,232 0 0
ISHARES TR 7-10 YR TRSY BD 464287440 11,073,100 123,985 SH SOLE 123,985 0 0
ISHARES TR 20 YR TR BD ETF 464287432 1,404,707 18,060 SH SOLE 18,060 0 0
BEAZER HOMES USA INC COM NEW 07556Q881 1,967,650 59,000 SH SOLE 59,000 0 0
WARNER BROS DISCOVERY INC COM SER A 934423104 4,780,104 154,446 SH SOLE 154,446 0 0
CAPITAL BANCORP INC MD COM 139737100 350,134 8,907 SH SOLE 8,907 0 0
PENUMBRA INC COM 70975L107 302,423 950 SH SOLE 950 0 0
DOUBLEVERIFY HLDGS INC COM 25862V105 977,755 72,480 SH SOLE 72,480 0 0
THE BALDWIN INSURANCE GRP IN COM CL A 05589G102 1,782,942 56,085 SH SOLE 56,085 0 0
CBIZ INC COM 124805102 1,908,517 34,897 SH SOLE 34,897 0 0
ORGANON & CO COMMON STOCK 68622V106 245,929 17,951 SH SOLE 17,951 0 0
BOWMAN CONSULTING GROUP LTD COM 103002101 1,496,749 35,102 SH SOLE 35,102 0 0
WEAVE COMMUNICATIONS INC COM 94724R108 1,485,609 201,302 SH SOLE 201,302 0 0
INTEGER HLDGS CORP COM 45826H109 3,003,971 23,775 SH SOLE 23,775 0 0
SAFETY INS GROUP INC COM 78648T100 722,056 6,971 SH SOLE 6,971 0 0
QORVO INC COM 74736K101 264,334 2,309 SH SOLE 2,309 0 0
FINWARD BANCORP COM 31812F109 286,927 6,889 SH SOLE 6,889 0 0
SILICON LABORATORIES INC COM 826919102 221,580 1,000 SH SOLE 1,000 0 0