FSRFX Holdings List

No.	Symbol	Name	% Weight	Shares
1	UBER	Uber Technologies, Inc.	18.78%	963,066
2	UNP	Union Pacific Corporation	15.48%	321,935
3	UPS	United Parcel Service, Inc.	8.59%	407,026
4	DAL	Delta Air Lines, Inc.	6.51%	633,276
5	NSC	Norfolk Southern Corporation	5.04%	94,150
6	FDX	FedEx Corporation	5.02%	105,609
7	ODFL	Old Dominion Freight Line, Inc.	4.90%	144,593
8	UAL	United Airlines Holdings, Inc.	4.89%	294,058
9	CSX	CSX Corporation	3.14%	460,801
10	XPO	XPO, Inc.	3.04%	115,365
11	LUV	Southwest Airlines Co.	2.84%	419,625
12	EXPD	Expeditors International of Washington, Inc.	2.74%	114,966
13	CHRW	C.H. Robinson Worldwide, Inc.	2.11%	105,261
14	ALK	Alaska Air Group, Inc.	2.02%	195,243
15	KNX	Knight-Swift Transportation Holdings Inc.	1.67%	180,669
16	SKYW	SkyWest, Inc.	1.55%	72,024
17	KEX	Kirby Corporation	1.43%	60,546
18	SAIA	Saia, Inc.	1.24%	21,677
19	JBHT	J.B. Hunt Transport Services, Inc.	0.99%	32,889
20	SNCY	Sun Country Airlines Holdings, Inc.	0.80%	325,094
21	GXO	GXO Logistics, Inc.	0.80%	78,302
22	SNDR	Schneider National, Inc.	0.78%	154,225
23	CPA	Copa Holdings, S.A.	0.65%	28,321
24	AMZN	Amazon.com, Inc.	0.52%	11,290
25	WERN	Werner Enterprises, Inc.	0.50%	87,050

As of Jun 30, 2025

Showing 25 of 38

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Asset Allocation

Asset Class	% Weight
Stocks	98.09%
Cash	1.91%