Investments: Davies Financial Advisors, Inc.

Aktie	Ticker	2025/Q4		2025/Q3
		Investment ($)	QoQ Veränd. ($)	Investment ($)	QoQ Veränd. ($)
		49.656.027 $	-57.800.187 $	108.030.836 $	+108.030.836 $
BANK OF AMERICA CORP /DE/	BAC	26.129.976 $	-33.807.965 $	59.937.941 $	+59.937.941 $
APPFOLIO INC	APPF	3.325.986 $	-4.282.159 $	7.608.145 $	+7.608.145 $
RAYMOND JAMES FINANCIAL INC	RJF	2.221.680 $	-3.191.273 $	5.412.953 $	+5.412.953 $
ISHARES GOLD TRUST	IAU	2.087.611 $	-3.299.589 $	5.387.200 $	+5.387.200 $
ALPHA PRO TECH LTD	APT	2.803.869 $	-2.317.215 $	5.121.084 $	+5.121.084 $
NVIDIA CORP	NVDA	4.453.620 $	-166.100 $	4.619.720 $	+4.619.720 $
BlackRock, Inc.	BLK	1.300.512 $	-2.980.182 $	4.280.694 $	+4.280.694 $
MICROSOFT CORP	MSFT	1.595.805 $	-2.408.112 $	4.003.917 $	+4.003.917 $
ADVANCED MICRO DEVICES INC	AMD	1.679.229 $	-432.535 $	2.111.764 $	+2.111.764 $
Walmart Inc.	WMT	572.335 $	-1.176.608 $	1.748.943 $	+1.748.943 $
AMAZON COM INC	AMZN	824.489 $	-774.859 $	1.599.348 $	+1.599.348 $
Mastercard Inc	MA	533.007 $	-386.503 $	919.510 $	+919.510 $
GOLDMAN SACHS GROUP INC	GS	249.636 $	-547.328 $	796.964 $	+796.964 $
PROCTER & GAMBLE Co	PG	319.995 $	-426.520 $	746.515 $	+746.515 $
MORGAN STANLEY	MS	388.888 $	-251.294 $	640.182 $	+640.182 $
JPMORGAN CHASE & CO	JPM	242.669 $	-349.368 $	592.037 $	+592.037 $
AbbVie Inc.	ABBV	217.269 $	-369.054 $	586.323 $	+586.323 $
UNITEDHEALTH GROUP INC	UNH	282.802 $	-282.518 $	565.320 $	+565.320 $
STARBUCKS CORP	SBUX	204.790 $	-295.631 $	500.421 $	+500.421 $
BERKSHIRE HATHAWAY INC	BRK-B			356.945 $	+356.945 $
GENERAL DYNAMICS CORP	GD	221.859 $	-55.374 $	277.233 $	+277.233 $
NICOLET BANKSHARES INC	NIC			217.677 $	+217.677 $
		49.656.027 $	-57.800.187 $	108.030.836 $	+108.030.836 $