0001172661-24-000457.txt : 20240205 0001172661-24-000457.hdr.sgml : 20240205 20240205150107 ACCESSION NUMBER: 0001172661-24-000457 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240205 DATE AS OF CHANGE: 20240205 EFFECTIVENESS DATE: 20240205 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ANCHOR CAPITAL ADVISORS LLC CENTRAL INDEX KEY: 0000813933 ORGANIZATION NAME: IRS NUMBER: 204669888 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-01880 FILM NUMBER: 24595364 BUSINESS ADDRESS: STREET 1: TWO INTERNATIONAL PLACE CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 6173683803 MAIL ADDRESS: STREET 1: TWO INTERNATIONAL PLACE CITY: BOSTON STATE: MA ZIP: 02110 FORMER COMPANY: FORMER CONFORMED NAME: ANCHOR CAPITAL ADVISORS INC DATE OF NAME CHANGE: 19990402 13F-HR 1 primary_doc.xml X0202 13F-HR LIVE false true false 0000813933 XXXXXXXX 12-31-2023 12-31-2023 false ANCHOR CAPITAL ADVISORS LLC
Two International Place Boston MA 02110
13F HOLDINGS REPORT 028-01880 000105540 801-18930 N
Michelle Demerle Compliance Officer 617-338-3800 /s/ Michelle Demerle Boston MA 02-05-2024 0 238 3789572309
INFORMATION TABLE 2 infotable.xml ABBOTT LABS COM 002824100 14787891 134350 SH SOLE 132031 0 2319 ABBVIE INC COM 00287Y109 16615238 107216 SH SOLE 105131 0 2085 AIR PRODS & CHEMS INC COM 009158106 12448953 45467 SH SOLE 44562 0 905 ALCON AG ORD SHS H01301128 14454724 185032 SH SOLE 182254 0 2778 ALEXANDRIA REAL ESTATE EQ IN COM 015271109 49500978 390479 SH SOLE 375137 0 15342 ALLIANT ENERGY CORP COM 018802108 49374125 962459 SH SOLE 917710 0 44749 ALPHABET INC CAP STK CL A 02079K305 1070025 7660 SH SOLE 6500 0 1160 ALPHABET INC CAP STK CL C 02079K107 882926 6265 SH SOLE 5000 0 1265 AMAZON COM INC COM 023135106 434548 2860 SH SOLE 2860 0 0 AMERICAN EXPRESS CO COM 025816109 11575821 61790 SH SOLE 60518 0 1272 AMERICAN TOWER CORP NEW COM 03027X100 16541862 76625 SH SOLE 75090 0 1535 AMERICOLD REALTY TRUST INC COM 03064D108 34924781 1153775 SH SOLE 1105787 0 47988 AMGEN INC COM 031162100 355705 1235 SH SOLE 1235 0 0 ANALOG DEVICES INC COM 032654105 72311058 364177 SH SOLE 351791 0 12386 AON PLC SHS CL A G0403H108 2222229 7636 SH SOLE 7636 0 0 APPLE INC COM 037833100 16333709 84837 SH SOLE 82770 0 2067 ASTRAZENECA PLC SPONSORED ADR 046353108 12610393 187237 SH SOLE 184444 0 2793 AUDIOEYE INC COM NEW 050734201 70655 13036 SH SOLE 13036 0 0 AUTODESK INC COM 052769106 40440199 166092 SH SOLE 159544 0 6548 AVERY DENNISON CORP COM 053611109 44092331 218106 SH SOLE 209966 0 8140 BECTON DICKINSON & CO COM 075887109 372572 1528 SH SOLE 1528 0 0 BERKLEY W R CORP COM 084423102 68234774 964858 SH SOLE 933031 0 31827 BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 14968727 41969 SH SOLE 41247 0 722 BIO RAD LABS INC CL A 090572207 24764909 76698 SH SOLE 72595 0 4103 BOEING CO COM 097023105 11005706 42222 SH SOLE 41399 0 823 BOOT BARN HLDGS INC COM 099406100 2356686 30702 SH SOLE 30442 0 260 BOOZ ALLEN HAMILTON HLDG COR CL A 099502106 80126826 626431 SH SOLE 604675 0 21756 BOSTON SCIENTIFIC CORP COM 101137107 64237611 1111185 SH SOLE 1072937 0 38248 BRC INC COM CL A 05601U105 178048 49049 SH SOLE 49049 0 0 BROADRIDGE FINL SOLUTIONS IN COM 11133T103 66560716 323503 SH SOLE 311229 0 12274 BWX TECHNOLOGIES INC COM 05605H100 51005463 664740 SH SOLE 639339 0 25401 CANADIAN PACIFIC KANSAS CITY COM 13646K108 522071 6603 SH SOLE 6603 0 0 CASEYS GEN STORES INC COM 147528103 59487772 216524 SH SOLE 207766 0 8758 CATERPILLAR INC COM 149123101 333220 1127 SH SOLE 1127 0 0 CAVCO INDS INC DEL COM 149568107 1705024 4919 SH SOLE 4849 0 70 CBOE GLOBAL MKTS INC COM 12503M108 90777240 508385 SH SOLE 490226 0 18159 CHARLES RIV LABS INTL INC COM 159864107 26453543 111902 SH SOLE 107235 0 4667 CHEVRON CORP NEW COM 166764100 23254949 155906 SH SOLE 152991 0 2915 CHORD ENERGY CORPORATION COM NEW 674215207 2445243 14710 SH SOLE 14533 0 177 CHUBB LIMITED COM H1467J104 21032690 93065 SH SOLE 91111 0 1954 CI&T INC COM CL A G21307106 128070 24348 SH SOLE 24348 0 0 CISCO SYS INC COM 17275R102 2939960 58194 SH SOLE 56405 0 1789 CITI TRENDS INC COM 17306X102 1318583 46626 SH SOLE 45991 0 635 CITIGROUP INC COM NEW 172967424 295008 5735 SH SOLE 5305 0 430 CLOROX CO DEL COM 189054109 3076354 21575 SH SOLE 20788 0 787 CME GROUP INC COM 12572Q105 20091591 95402 SH SOLE 93530 0 1872 COCA COLA CO COM 191216100 2130017 36145 SH SOLE 35845 0 300 COLGATE PALMOLIVE CO COM 194162103 2496806 31324 SH SOLE 30984 0 340 COMCAST CORP NEW CL A 20030N101 16279519 371255 SH SOLE 363227 0 8028 COMMUNITY BK SYS INC COM 203607106 1552992 29802 SH SOLE 29370 0 432 COMMUNITY HEALTHCARE TR INC COM 20369C106 862390 32372 SH SOLE 31939 0 433 CONOCOPHILLIPS COM 20825C104 671581 5786 SH SOLE 5386 0 400 CONSTELLATION BRANDS INC CL A 21036P108 874893 3619 SH SOLE 3619 0 0 CORTEVA INC COM 22052L104 8406395 175426 SH SOLE 171186 0 4240 CRANE NXT CO COM 224441105 883191 15530 SH SOLE 15315 0 215 CROWN CASTLE INC COM 22822V101 40772215 353956 SH SOLE 339823 0 14133 CROWN HLDGS INC COM 228368106 1430618 15535 SH SOLE 15470 0 65 CVS HEALTH CORP COM 126650100 15521712 196577 SH SOLE 192533 0 4044 DAKTRONICS INC COM 234264109 1158003 136557 SH SOLE 134646 0 1911 DIAGEO PLC SPON ADR NEW 25243Q205 8796396 60390 SH SOLE 59632 0 758 DIAMONDBACK ENERGY INC COM 25278X109 71439653 460663 SH SOLE 444561 0 16102 DOLLAR GEN CORP NEW COM 256677105 780495 5741 SH SOLE 5656 0 85 DOUGLAS DYNAMICS INC COM 25960R105 1705144 57451 SH SOLE 56647 0 804 DOW INC COM 260557103 2431665 44341 SH SOLE 42807 0 1534 DREAM FINDERS HOMES INC COM CL A 26154D100 1066078 30005 SH SOLE 30005 0 0 EATON CORP PLC SHS G29183103 12468821 51777 SH SOLE 50440 0 1337 ELECTRONIC ARTS INC COM 285512109 1616137 11813 SH SOLE 11813 0 0 ELI LILLY & CO COM 532457108 447100 767 SH SOLE 767 0 0 ENTERGY CORP NEW COM 29364G103 48945625 483700 SH SOLE 467819 0 15881 EVEREST GROUP LTD COM G3223R108 2259821 6391 SH SOLE 6135 0 256 EVERSOURCE ENERGY COM 30040W108 49695150 805171 SH SOLE 771959 0 33212 EVOLV TECHNOLOGIES HLDNGS IN COM CL A 30049H102 77125 16340 SH SOLE 16340 0 0 EXPEDITORS INTL WASH INC COM 302130109 53010084 416746 SH SOLE 400882 0 15864 FACTSET RESH SYS INC COM 303075105 715575 1500 SH SOLE 1500 0 0 FERGUSON PLC NEW SHS G3421J106 34132009 176786 SH SOLE 170613 0 6173 FIDELITY MERRIMACK STR TR TOTAL BD ETF 316188309 3396371 73770 SH SOLE 69205 0 4565 FIRST AMERN FINL CORP COM 31847R102 67400056 1045935 SH SOLE 1008041 0 37894 FIRST LONG IS CORP COM 320734106 1780183 134455 SH SOLE 132599 0 1856 FISERV INC COM 337738108 1071177 8064 SH SOLE 7954 0 110 FLUOR CORP NEW COM 343412102 63541450 1622197 SH SOLE 1561389 0 60808 FREEPORT-MCMORAN INC CL B 35671D857 7305171 171604 SH SOLE 168306 0 3298 GARTNER INC COM 366651107 36149397 80134 SH SOLE 77012 0 3122 GENUINE PARTS CO COM 372460105 2400961 17335 SH SOLE 16802 0 533 GIBRALTAR INDS INC COM 374689107 1379544 17467 SH SOLE 17218 0 249 GLOBE LIFE INC COM 37959E102 55081199 452524 SH SOLE 436185 0 16339 GOLDMAN SACHS GROUP INC COM 38141G104 18778508 48678 SH SOLE 47856 0 822 HALLIBURTON CO COM 406216101 25367866 701739 SH SOLE 676562 0 25177 HAWKINS INC COM 420261109 1575014 22366 SH SOLE 22064 0 302 HELEN OF TROY LTD COM G4388N106 1253525 10376 SH SOLE 10240 0 136 HERSHEY CO COM 427866108 39942604 214238 SH SOLE 205270 0 8968 HESS CORP COM 42809H107 606549 4207 SH SOLE 4207 0 0 HILLMAN SOLUTIONS CORP COM 431636109 1336435 145107 SH SOLE 143064 0 2043 HINGHAM INSTN SVGS MASS COM 433323102 940118 4836 SH SOLE 4766 0 70 HOLOGIC INC COM 436440101 2595421 36325 SH SOLE 36325 0 0 HOME DEPOT INC COM 437076102 438039 1264 SH SOLE 1264 0 0 HUBBELL INC COM 443510607 50690351 154107 SH SOLE 147821 0 6286 HUNTSMAN CORP COM 447011107 517945 20611 SH SOLE 18491 0 2120 IBEX LTD SHS NEW G4690M101 431356 22691 SH SOLE 22691 0 0 ICF INTL INC COM 44925C103 2634064 19644 SH SOLE 19526 0 118 IDACORP INC COM 451107106 15390078 156530 SH SOLE 153052 0 3478 ILLINOIS TOOL WKS INC COM 452308109 684711 2614 SH SOLE 2614 0 0 INSIGHT ENTERPRISES INC COM 45765U103 683599 3858 SH SOLE 3794 0 64 INSPERITY INC COM 45778Q107 330138 2816 SH SOLE 2816 0 0 INTEL CORP COM 458140100 630135 12540 SH SOLE 12540 0 0 INTERNATIONAL MNY EXPRESS IN COM 46005L101 2060710 93287 SH SOLE 92412 0 875 INVESCO EXCH TRADED FD TR II TAXABLE MUN BD 46138G805 580180 21560 SH SOLE 21560 0 0 INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 401130 17380 SH SOLE 17380 0 0 ISHARES TR ISHS 5-10YR INVT 464288638 10658733 204976 SH SOLE 204976 0 0 ISHARES TR IBONDS DEC2026 46435GAA0 268278 11225 SH SOLE 11225 0 0 ISHARES TR RUS 2000 VAL ETF 464287630 1459947 9399 SH SOLE 9399 0 0 ISHARES TR RUS MDCP VAL ETF 464287473 37672651 323954 SH SOLE 323954 0 0 ISHARES TR S&P MC 400VL ETF 464287705 1066501 9352 SH SOLE 9352 0 0 ISHARES TR MSCI EAFE ETF 464287465 1640182 21768 SH SOLE 21768 0 0 ISHARES TR MSCI USA MIN VOL 46429B697 308219 3950 SH SOLE 3950 0 0 ISHARES TR 3 7 YR TREAS BD 464288661 43108252 368038 SH SOLE 368038 0 0 ISHARES TR CORE MSCI EAFE 46432F842 342393 4867 SH SOLE 4867 0 0 ISHARES TR RUS 1000 ETF 464287622 4761670 18156 SH SOLE 18156 0 0 ISHARES TR IBONDS DEC25 ETF 46434VBD1 267408 10800 SH SOLE 10800 0 0 ISHARES TR RUS TP200 VL ETF 464289420 266295 3795 SH SOLE 3795 0 0 ISHARES TR 1 3 YR TREAS BD 464287457 18945161 230926 SH SOLE 230926 0 0 ISHARES TR IBONDS 27 ETF 46435UAA9 268614 11225 SH SOLE 11225 0 0 ISHARES TR RUSSELL 2000 ETF 464287655 4512791 22484 SH SOLE 22484 0 0 ISHARES TR GLB INFRASTR ETF 464288372 889904 18914 SH SOLE 18914 0 0 ISHARES TR ISHS 1-5YR INVS 464288646 20754128 404761 SH SOLE 404761 0 0 ISHARES TR CORE S&P500 ETF 464287200 587963 1231 SH SOLE 1231 0 0 ISHARES TR IBOXX INV CP ETF 464287242 5484974 49566 SH SOLE 49566 0 0 ISHARES TR CORE US AGGBD ET 464287226 1332928 13430 SH SOLE 13430 0 0 ISHARES TR RUS MID CAP ETF 464287499 2458134 31624 SH SOLE 31624 0 0 ISHARES TR RUS 1000 VAL ETF 464287598 7678590 46467 SH SOLE 46467 0 0 ISHARES TR FLTG RATE NT ETF 46429B655 1327560 26226 SH SOLE 26226 0 0 ISHARES TR 7-10 YR TRSY BD 464287440 17555012 182125 SH SOLE 181987 0 138 ISHARES TR MSCI ACWI ETF 464288257 738341 7255 SH SOLE 7255 0 0 ISHARES TR SHORT TREAS BD 464288679 127246994 1155425 SH SOLE 1110140 0 45285 ISHARES U S ETF TR GSCI CMDTY STGY 46431W853 1023232 40815 SH SOLE 40815 0 0 JANUS INTERNATIONAL GROUP IN COMMON STOCK 47103N106 809596 62038 SH SOLE 62038 0 0 JOHNSON & JOHNSON COM 478160104 21432160 136737 SH SOLE 133760 0 2977 JPMORGAN CHASE & CO COM 46625H100 33707642 198164 SH SOLE 194195 0 3969 KELLANOVA COM 487836108 38938976 696458 SH SOLE 668396 0 28062 KENVUE INC COM 49177J102 13931594 647078 SH SOLE 634011 0 13067 LAMAR ADVERTISING CO NEW CL A 512816109 52880513 497558 SH SOLE 480279 0 17279 LIBERTY BROADBAND CORP COM SER C 530307305 255239 3167 SH SOLE 3167 0 0 LKQ CORP COM 501889208 26678479 558244 SH SOLE 530767 0 27477 LOCKHEED MARTIN CORP COM 539830109 13092835 28887 SH SOLE 28354 0 533 LOWES COS INC COM 548661107 17421210 78280 SH SOLE 77056 0 1224 M & T BK CORP COM 55261F104 57438695 419016 SH SOLE 402993 0 16023 MAGNOLIA OIL & GAS CORP CL A 559663109 1985910 93279 SH SOLE 91937 0 1342 MARATHON PETE CORP COM 56585A102 12706260 85645 SH SOLE 83775 0 1870 MARKEL GROUP INC COM 570535104 66882899 47104 SH SOLE 45775 0 1329 MARRIOTT INTL INC NEW CL A 571903202 765832 3396 SH SOLE 3346 0 50 MAYVILLE ENGR CO INC COM 578605107 1380701 95749 SH SOLE 94497 0 1252 MCDONALDS CORP COM 580135101 1924053 6489 SH SOLE 6489 0 0 MCGRATH RENTCORP COM 580589109 1291178 10794 SH SOLE 10635 0 159 MCKESSON CORP COM 58155Q103 94989416 205170 SH SOLE 197980 0 7190 MEDTRONIC PLC SHS G5960L103 1049521 12740 SH SOLE 12060 0 680 MICROSOFT CORP COM 594918104 29923526 79575 SH SOLE 77804 0 1771 MID-AMER APT CMNTYS INC COM 59522J103 47003815 349575 SH SOLE 337128 0 12447 MONDELEZ INTL INC CL A 609207105 16623095 229506 SH SOLE 225277 0 4229 MSA SAFETY INC COM 553498106 1990296 11789 SH SOLE 11698 0 91 NATIONAL STORAGE AFFILIATES COM SHS BEN IN 637870106 42325472 1020629 SH SOLE 977779 0 42850 NELNET INC CL A 64031N108 1106985 12548 SH SOLE 12360 0 188 NICOLET BANKSHARES INC COM 65406E102 1751969 21769 SH SOLE 21474 0 295 NORFOLK SOUTHN CORP COM 655844108 36803269 155695 SH SOLE 149234 0 6461 NV5 GLOBAL INC COM 62945V109 2638433 23744 SH SOLE 23613 0 131 ORACLE CORP COM 68389X105 492885 4675 SH SOLE 4675 0 0 OTIS WORLDWIDE CORP COM 68902V107 9529998 106516 SH SOLE 104749 0 1767 PARKER-HANNIFIN CORP COM 701094104 10860235 23573 SH SOLE 23215 0 358 PAYPAL HLDGS INC COM 70450Y103 1071870 17454 SH SOLE 16869 0 585 PEPSICO INC COM 713448108 16092914 94753 SH SOLE 93016 0 1737 PERFICIENT INC COM 71375U101 1230110 18689 SH SOLE 18401 0 288 PFIZER INC COM 717081103 603755 20971 SH SOLE 20451 0 520 PIMCO ETF TR ENHAN SHRT MA AC 72201R833 6608792 66227 SH SOLE 65913 0 314 PIONEER NAT RES CO COM 723787107 751549 3342 SH SOLE 3342 0 0 PJT PARTNERS INC COM CL A 69343T107 2318357 22758 SH SOLE 22547 0 211 PNC FINL SVCS GROUP INC COM 693475105 60884866 393186 SH SOLE 379780 0 13406 PORTLAND GEN ELEC CO COM NEW 736508847 42797938 987493 SH SOLE 943332 0 44161 PROCTER AND GAMBLE CO COM 742718109 19642137 134039 SH SOLE 131886 0 2153 PROGRESS SOFTWARE CORP COM 743312100 772255 14222 SH SOLE 14021 0 201 PROGRESSIVE CORP COM 743315103 18614926 116869 SH SOLE 114537 0 2332 QUALCOMM INC COM 747525103 16385425 113292 SH SOLE 110736 0 2556 RESMED INC COM 761152107 401667 2335 SH SOLE 2335 0 0 ROSS STORES INC COM 778296103 1706902 12334 SH SOLE 12119 0 215 ROYAL GOLD INC COM 780287108 37901795 313342 SH SOLE 300827 0 12515 RPM INTL INC COM 749685103 3335253 29878 SH SOLE 28965 0 913 RTX CORPORATION COM 75513E101 18553121 220503 SH SOLE 215690 0 4813 S&P GLOBAL INC COM 78409V104 337438 766 SH SOLE 496 0 270 SAFETY INS GROUP INC COM 78648T100 1009147 13280 SH SOLE 13061 0 219 SALESFORCE INC COM 79466L302 17176595 65275 SH SOLE 64007 0 1268 SCIENCE APPLICATIONS INTL CO COM 808625107 803132 6460 SH SOLE 6360 0 100 SENECA FOODS CORP NEW CL A 817070501 1169989 22311 SH SOLE 22004 0 307 SHELL PLC SPON ADS 780259305 20883997 317386 SH SOLE 311644 0 5742 SIMPSON MFG INC COM 829073105 1504252 7598 SH SOLE 7515 0 83 SKYWEST INC COM 830879102 1389460 26618 SH SOLE 26223 0 395 SMITH A O CORP COM 831865209 71544974 867843 SH SOLE 838169 0 29674 SONOCO PRODS CO COM 835495102 1980701 35452 SH SOLE 33828 0 1624 SOUTHERN CO COM 842587107 238408 3400 SH SOLE 3400 0 0 SPDR S&P 500 ETF TR TR UNIT 78462F103 365184 768 SH SOLE 768 0 0 SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 339945 670 SH SOLE 670 0 0 SPECTRUM BRANDS HLDGS INC NE COM 84790A105 1198385 15023 SH SOLE 14813 0 210 SS&C TECHNOLOGIES HLDGS INC COM 78467J100 40682234 665721 SH SOLE 640023 0 25698 STAG INDL INC COM 85254J102 1287689 32799 SH SOLE 32262 0 537 STATE STR CORP COM 857477103 495667 6399 SH SOLE 6399 0 0 STRYKER CORPORATION COM 863667101 936711 3128 SH SOLE 3128 0 0 SUN CMNTYS INC COM 866674104 62482242 467506 SH SOLE 450765 0 16741 TASKUS INC CLASS A COM 87652V109 143117 10950 SH SOLE 10950 0 0 TE CONNECTIVITY LTD SHS H84989104 52901415 376523 SH SOLE 363646 0 12877 TEXAS INSTRS INC COM 882508104 477288 2800 SH SOLE 2800 0 0 TEXAS PACIFIC LAND CORPORATI COM 88262P102 3262879 2075 SH SOLE 1980 0 95 THE REAL BROKERAGE INC COM NEW 75585H206 39867 24917 SH SOLE 24917 0 0 THERMO FISHER SCIENTIFIC INC COM 883556102 18135296 34167 SH SOLE 33623 0 544 THOUGHTWORKS HOLDING INC COM 88546E105 55762 11593 SH SOLE 11593 0 0 TRANE TECHNOLOGIES PLC SHS G8994E103 60308680 247268 SH SOLE 238540 0 8728 TRANSCAT INC COM 893529107 646031 5909 SH SOLE 5829 0 80 UFP TECHNOLOGIES INC COM 902673102 1576403 9163 SH SOLE 9035 0 128 ULTA BEAUTY INC COM 90384S303 74067861 151162 SH SOLE 146003 0 5159 UNILEVER PLC SPON ADR NEW 904767704 2721090 56128 SH SOLE 53544 0 2584 UNION PAC CORP COM 907818108 17872083 72763 SH SOLE 71320 0 1443 UNITED BANKSHARES INC WEST V COM 909907107 1898528 50560 SH SOLE 49908 0 652 UNITEDHEALTH GROUP INC COM 91324P102 17163188 32601 SH SOLE 32044 0 557 UNITIL CORP COM 913259107 1330757 25314 SH SOLE 24947 0 367 VANGUARD BD INDEX FDS SHORT TRM BOND 921937827 3134483 40697 SH SOLE 40697 0 0 VANGUARD BD INDEX FDS TOTAL BND MRKT 921937835 338330 4600 SH SOLE 4600 0 0 VANGUARD INDEX FDS LARGE CAP ETF 922908637 1194589 5476 SH SOLE 5476 0 0 VANGUARD INDEX FDS TOTAL STK MKT 922908769 692682 2920 SH SOLE 2920 0 0 VANGUARD INDEX FDS REAL ESTATE ETF 922908553 1583323 17919 SH SOLE 17919 0 0 VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD 92206C409 9145985 118211 SH SOLE 117796 0 415 VANGUARD SCOTTSDALE FDS LG-TERM COR BD 92206C813 283330 3535 SH SOLE 3535 0 0 VANGUARD SCOTTSDALE FDS INT-TERM CORP 92206C870 7399000 91031 SH SOLE 90651 0 380 VANGUARD SCOTTSDALE FDS SHORT TERM TREAS 92206C102 1830395 31380 SH SOLE 31070 0 310 VANGUARD SPECIALIZED FUNDS DIV APP ETF 921908844 277752 1630 SH SOLE 1630 0 0 VISA INC COM CL A 92826C839 16192762 62196 SH SOLE 61265 0 931 VONTIER CORPORATION COM 928881101 54265552 1570638 SH SOLE 1511366 0 59272 WALMART INC COM 931142103 16049397 101804 SH SOLE 99254 0 2550 WATERS CORP COM 941848103 30801299 93556 SH SOLE 90064 0 3492 WATSCO INC COM 942622200 70773571 165177 SH SOLE 158847 0 6330 WINMARK CORP COM 974250102 1294823 3101 SH SOLE 3051 0 50 XCEL ENERGY INC COM 98389B100 33901390 547592 SH SOLE 525038 0 22554 XPO INC COM 983793100 274157 3130 SH SOLE 3045 0 85 ZEVIA PBC CL A 98955K104 79218 39412 SH SOLE 39412 0 0