| Texas Pacific Land Corporation | 154K | US$67.2M | 9.0% |
| Nvidia Corporation | 183K | US$36.7M | 4.9% |
| Apple Inc | 94,398 | US$27.3M | 3.7% |
| Palo Alto Networks, Inc. | 78,978 | US$26.9M | 3.6% |
| Alphabet Inc (google) Class C | 67,064 | US$24M | 3.2% |
| Caterpillar, Inc. | 18,255 | US$19.4M | 2.6% |
| Abbvie Inc. | 71,774 | US$18.1M | 2.4% |
| Jp Morgan Chase & Co. | 52,906 | US$17.3M | 2.3% |
| Landbridge Company Llc | 211K | US$16.7M | 2.2% |
| Wheaton Precious Metals Corp | 147K | US$16.6M | 2.2% |
| Nike, Inc. | 390K | US$16M | 2.1% |
| Home Depot, Inc. (the) | 44,769 | US$15.8M | 2.1% |
| Parker-hannifin Corporation | 14,575 | US$14.3M | 1.9% |
| Air Products And Chemicals, Inc. | 40,732 | US$11.9M | 1.6% |
| Microsoft Corp. | 31,573 | US$11.8M | 1.6% |
| Amazon.com, Inc. | 48,936 | US$11.7M | 1.6% |
| Chevron Corporation | 65,781 | US$10.9M | 1.5% |
| Booking Holdings Inc. Common Stock | 60,210 | US$10.7M | 1.4% |
| Tjx Companies, Inc. (the) | 66,140 | US$10M | 1.3% |
| Franco-nevada Corporation | 47,679 | US$9.94M | 1.3% |
| Caci International, Inc. | 21,270 | US$9.85M | 1.3% |
| Freeport-mcmoran, Inc. | 145K | US$9.12M | 1.2% |
| Union Pacific Corporation | 32,915 | US$8.95M | 1.2% |
| Lowe's Companies, Inc. | 39,802 | US$8.78M | 1.2% |
| Cme Group Inc. | 39,260 | US$8.67M | 1.2% |
| Intercontinental Exchange Inc. | 69,745 | US$8.59M | 1.2% |
| Oracle Corporation | 58,457 | US$8.57M | 1.1% |
| Visa Inc. | 23,949 | US$8.22M | 1.1% |
| Williams Companies, Inc. (the) | 100K | US$7.45M | 1.00% |
| Lockheed Martin Corporation | 14,128 | US$7.2M | 0.97% |
| Arthur J. Gallagher & Co. | 31,285 | US$7.18M | 0.96% |
| Waterbridge Infrastructure Llc | 204K | US$6.98M | 0.94% |
| Marriott International | 18,090 | US$6.7M | 0.90% |
| Qualcomm Incorporated | 35,188 | US$6.5M | 0.87% |
| Boeing Company (the) | 29,705 | US$6.43M | 0.86% |
| Fedex Corporation | 19,842 | US$6.21M | 0.83% |
| Hawaiian Electric Industries | 435K | US$5.88M | 0.79% |
| Xylem Inc. | 49,455 | US$5.85M | 0.78% |
| Johnson & Johnson | 22,283 | US$5.66M | 0.76% |
| International Business Machines Corporation | 19,526 | US$5.49M | 0.74% |
| Intuitive Surgical, Inc. | 12,250 | US$4.87M | 0.65% |
| Rio Tinto Plc | 46,860 | US$4.45M | 0.60% |
| Mesabi Trust | 171K | US$4.32M | 0.58% |
| Berkshire Hathaway Inc. | 8,543 | US$4.27M | 0.57% |
| Waste Management, Inc. | 18,271 | US$4.07M | 0.55% |
| Madison Square Garden Sports Corp. | 10,065 | US$4.04M | 0.54% |
| Merck & Company, Inc. | 30,088 | US$3.87M | 0.52% |
| Emerson Electric Company | 26,651 | US$3.82M | 0.51% |
| Sysco Corporation | 45,185 | US$3.78M | 0.51% |
| Vertex Pharmaceuticals Incorporated | 7,535 | US$3.74M | 0.50% |
| Novartis Ag | 23,712 | US$3.72M | 0.50% |
| Pfizer, Inc. | 153K | US$3.69M | 0.50% |
| Colgate-palmolive Company | 36,729 | US$3.37M | 0.45% |
| Mccormick & Company, Incorporated | 66,430 | US$3.35M | 0.45% |
| Novo Nordisk A/s Class B | 63,650 | US$3.05M | 0.41% |
| Thermo Fisher Scientific Inc | 5,479 | US$2.75M | 0.37% |
| United Parcel Service, Inc. | 23,543 | US$2.53M | 0.34% |
| Conocophillips | 23,802 | US$2.47M | 0.33% |
| Mgic Investment Corporation | 84,950 | US$2.4M | 0.32% |
| Miami International Holdings, Inc. | 57,800 | US$2.15M | 0.29% |
| Eli Lilly And Company | 1,772 | US$2.13M | 0.29% |
| Strategy Inc | 24,015 | US$2.09M | 0.28% |
| Bank Of America Corporation | 35,900 | US$2.05M | 0.27% |
| Sanofi Sa | 45,410 | US$1.94M | 0.26% |
| Texas Instruments Incorporated | 6,015 | US$1.79M | 0.24% |
| Nextera Energy, Inc. | 17,945 | US$1.58M | 0.21% |
| The Cigna Group | 5,565 | US$1.53M | 0.21% |
| Aflac Incorporated | 13,038 | US$1.53M | 0.21% |
| Canadian Pacific Kansas City Limited | 17,442 | US$1.51M | 0.20% |
| Deere & Company | 2,365 | US$1.5M | 0.20% |
| Credo Technology Group Holding Ltd | 5,385 | US$1.46M | 0.20% |
| Bristol-myers Squibb Company | 24,691 | US$1.42M | 0.19% |
| Intel Corporation | 10,167 | US$1.42M | 0.19% |
| Coca-cola Company (the) | 15,879 | US$1.29M | 0.17% |
| Procter & Gamble Company (the) | 8,447 | US$1.24M | 0.17% |
| Exxon Mobil Corporation | 8,230 | US$1.13M | 0.15% |
| Pepsico, Inc. | 7,195 | US$974K | 0.13% |
| Rayonier Inc. Reit | 44,492 | US$947K | 0.13% |
| Permian Basin Royalty Trust | 36,600 | US$916K | 0.12% |
| Costar Group, Inc. | 32,250 | US$913K | 0.12% |
| Gilead Sciences, Inc. | 6,850 | US$865K | 0.12% |
| Amgen Inc. | 2,100 | US$760K | 0.10% |
| Select Water Solutions, Inc. | 37,000 | US$739K | 0.10% |
| Devon Energy Corporation | 17,850 | US$738K | 0.10% |
| Cummins Inc. | 1,000 | US$713K | 0.10% |
| Clean Energy Fuels Corp. | 338K | US$693K | 0.09% |
| Cisco Systems, Inc. | 5,575 | US$655K | 0.09% |
| Becton, Dickinson And Company | 4,232 | US$640K | 0.09% |
| General Dynamics Corporation | 1,750 | US$620K | 0.08% |
| Oneok, Inc. | 6,534 | US$568K | 0.08% |
| Icici Bank Limited | 19,250 | US$559K | 0.07% |
| Bxp, Inc. | 8,050 | US$534K | 0.07% |
| Rtx Corporation | 2,682 | US$509K | 0.07% |
| Argan, Inc. | 600 | US$479K | 0.06% |
| Danaher Corporation | 2,425 | US$462K | 0.06% |
| Darden Restaurants, Inc. | 2,225 | US$458K | 0.06% |
| Abbott Laboratories | 4,648 | US$422K | 0.06% |
| Essential Utilities, Inc. | 10,627 | US$407K | 0.05% |
| Enbridge Inc. | 7,273 | US$394K | 0.05% |
| Blackrock, Inc. | 383 | US$368K | 0.05% |