| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| MANCHESTER CAPITAL CHARLES SCHWAB ASSETS | AT COST | 6,216,174 | 7,854,758 |
| CITY FIRST BANK (PROGRAM RELATED INVESTMENT) | AT COST | 225,000 | 225,000 |
| BOW RIVER CAPITAL 2017-QP FUND LP | AT COST | 99,115 | 180,719 |
| BOW RIVER CAPITAL 2019-QP SOFTWARE GROWTH | AT COST | 77,910 | 79,392 |
| PENNANT WINDWARD FUND LTD. | AT COST | 0 | 51,118 |