Baker Ellis Asset Management LLC

All holdings · as of Mar 31, 2026

Company	Class	Value	Shares	% of portfolio
ON Semiconductor Corp	—	$4.88M	78,816	0.6%
KROGER CO	—	$4.84M	66,850	0.6%
PEPSICO INC	—	$4.74M	30,504	0.6%
HUNTINGTON INGALLS INDUSTRIES, INC.	—	$4.46M	11,735	0.5%
Eaton Corp plc	—	$4.19M	11,709	0.5%
AGCO CORP /DE	—	$4.04M	34,895	0.5%
MEXICAN ECONOMIC DEVELOPMENT INCFMX	ADR	$4.01M	36,067	0.5%
SANOFI	—	$4.00M	83,067	0.5%
Garrett Motion Inc.GTX	Common Stock	$3.81M	209,946	0.5%
VANGUARD INDEX FDS	—	$3.76M	18,274	0.4%
Henry Schein Inc	—	$3.56M	48,343	0.4%
VERIZON COMMUNICATIONS INC	—	$3.56M	70,941	0.4%
INVESCO QQQ TR	—	$3.54M	6,134	0.4%
VANGUARD WORLD FD	—	$3.52M	12,937	0.4%
Weyerhaeuser Co	—	$3.32M	135,816	0.4%
SPDR GOLD TR	—	$3.31M	7,704	0.4%
ELI LILLY & Co	—	$3.26M	3,545	0.4%
THE GOLDMAN SACHS GROUP, INC.	—	$3.16M	3,739	0.4%
JOHNSON & JOHNSON	—	$3.10M	12,665	0.4%
Kimco Realty Corporation	—	$2.95M	131,120	0.3%
INVESCO EXCHANGE TRADED FD T	—	$2.91M	15,185	0.3%
Amrize Ltd	—	$2.81M	50,205	0.3%
LOUISIANA-PACIFIC CORP	—	$2.54M	34,905	0.3%
VANGUARD INTL EQUITY INDEX F	—	$2.45M	32,626	0.3%
Union Pacific Corp	—	$2.42M	9,968	0.3%
SCHWAB STRATEGIC TR	—	$2.34M	87,880	0.3%
NOVARTIS AG	—	$2.28M	14,950	0.3%
Walmart Inc.	—	$2.20M	17,687	0.3%
Ingles Markets Inc	—	$2.03M	22,578	0.2%
WASTE MANAGEMENT INC	—	$2.02M	8,806	0.2%
SHELL PLC	—	$1.99M	21,393	0.2%
Visa Inc	—	$1.94M	6,427	0.2%
HONEYWELL INTERNATIONAL INC	—	$1.93M	8,549	0.2%
VANGUARD MALVERN FDS	—	$1.89M	37,900	0.2%
LABCORP HOLDINGS INC.	—	$1.87M	7,005	0.2%
Merck & Co., Inc.	—	$1.80M	14,988	0.2%
Boise Cascade Co	—	$1.64M	21,570	0.2%
ITT INC.	—	$1.63M	8,550	0.2%
VANGUARD INDEX FDS	—	$1.61M	7,413	0.2%
REGENCY CENTERS CORP	—	$1.60M	21,203	0.2%
AMERICAN CENTY ETF TR	—	$1.58M	15,830	0.2%
ISHARES TR	—	$1.58M	16,214	0.2%
TJX Cos Inc/The	—	$1.53M	9,575	0.2%
J P MORGAN EXCHANGE TRADED F	—	$1.52M	29,800	0.2%
VANGUARD WORLD FD	—	$1.51M	8,725	0.2%
VANECK MERK GOLD ETF	—	$1.49M	33,000	0.2%
UBS GROUP AG	—	$1.46M	37,250	0.2%
AGNICO EAGLE MINES LTD	—	$1.43M	7,050	0.2%
TERADYNE, INC	—	$1.39M	4,700	0.2%
CATERPILLAR INC	—	$1.39M	1,957	0.2%