# EDGAR Filing Document

**Accession Number:** 0002010698
**File Stem:** 0001085146-26-000068
**Filing Date:** 2026-1
**Character Count:** 23932
**Document Hash:** b34c65ae718a16b1abbd15b9dec3b4a9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001085146-26-000068.hdr.sgml**: 20260112

**ACCESSION NUMBER**: 0001085146-26-000068

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260112

**DATE AS OF CHANGE**: 20260112

**EFFECTIVENESS DATE**: 20260112

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CENTRAL VALLEY ADVISORS, LLC
- **CENTRAL INDEX KEY:** 0002010698

**ORGANIZATION NAME:**
- **EIN:** 464658639
- **STATE OF INCORPORATION:** CA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-23677
- **FILM NUMBER:** 26526045

**BUSINESS ADDRESS:**
- **STREET 1:** 3455 AMERICAN RIVER DR.
- **STREET 2:** SUITE A
- **CITY:** SACRAMENTO
- **STATE:** CA
- **ZIP:** 95864
- **BUSINESS PHONE:** 916-414-8282

**MAIL ADDRESS:**
- **STREET 1:** 3455 AMERICAN RIVER DR.
- **STREET 2:** SUITE A
- **CITY:** SACRAMENTO
- **STATE:** CA
- **ZIP:** 95864

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** CENTRAL VALLEY ADVISORS LLC<br>**Address:** 3455 AMERICAN RIVER DR.<br>SUITE A<br>SACRAMENTO, CA 95864

**Form 13F File Number:** 028-23677

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Marion Hebert<br>**Title:** Chief Compliance Officer<br>**Phone:** 916-933-9814

**Signature, Place, and Date of Signing:**

/s/Marion Hebert  Sacramento, CA  01-12-2026<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 4

**Form 13F Information Table Entry Total:** 181

**Form 13F Information Table Value Total:** $334722904

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

| No.   | Name                                | Form 13F File Number   |
|:---|:---|:---|
|  | American Funds Model Portfolios     |  |
|  | Atlanta Capital Mgmt Co LLC (MD)    |  |
|  | Columbia Threadneedle (MD)          |  |
|  | Kayne Anderson Rudnick Inv Mgt (MD) |  |

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ABBOTT LABS | COM | 002824100 | BBG001S5N9M6 | 2882 | 23 | SH |  | SOLE | 3 | 0 | 23 | 0 |
| ABBOTT LABS | COM | 002824100 | BBG001S5N9M6 | 318500 | 2542 | SH |  | SOLE |  | 2542 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 | BBG0025Y4RZ3 | 425448 | 1862 | SH |  | SOLE |  | 1862 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 | BBG0025Y4RZ3 | 4113 | 18 | SH |  | SOLE | 3 | 0 | 18 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 | BBG009S39JY5 | 6043132 | 19306 | SH |  | SOLE |  | 19306 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 | BBG009S39JY5 | 5008 | 16 | SH |  | SOLE | 3 | 0 | 16 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 | BBG009S3NB21 | 1656594 | 5279 | SH |  | SOLE |  | 5279 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 | BBG009S3NB21 | 50836 | 162 | SH |  | SOLE | 2 | 0 | 162 | 0 |
| ALPS ETF TR | SECTR DIV DOGS | 00162Q858 | BBG0035HP7H9 | 285115 | 4715 | SH |  | SOLE |  | 4715 | 0 | 0 |
| ALTRIA GROUP INC | COM | 02209S103 | BBG001S5T8T5 | 1928007 | 33437 | SH |  | SOLE |  | 33437 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 | BBG001S5PQL7 | 4957774 | 21479 | SH |  | SOLE |  | 21479 | 0 | 0 |
| AMCOR PLC | ORD | G0250X107 | BBG00LNJRQ18 | 1478791 | 177313 | SH |  | SOLE |  | 177313 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 | BBG001S5P034 | 220861 | 597 | SH |  | SOLE |  | 597 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 | BBG001S5P034 | 1850 | 5 | SH |  | SOLE | 3 | 0 | 5 | 0 |
| AMPLIFY ETF TR | AMPLIFY CYBERSEC | 032108664 | BBG01L6XYQ08 | 284109 | 3535 | SH |  | SOLE |  | 3535 | 0 | 0 |
| APPLE INC | COM | 037833100 | BBG001S5N8V8 | 14247142 | 52406 | SH |  | SOLE |  | 52406 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 | BBG001S5NMM7 | 237716 | 925 | SH |  | SOLE |  | 925 | 0 | 0 |
| AT INC | COM | 00206R102 | BBG001S5VWH2 | 281972 | 11351 | SH |  | SOLE |  | 11351 | 0 | 0 |
| AT INC | COM | 00206R102 | BBG001S5VWH2 | 3776 | 152 | SH |  | SOLE | 3 | 0 | 152 | 0 |
| BANK AMERICA CORP | COM | 060505104 | BBG001S5P0Y0 | 5335 | 97 | SH |  | SOLE | 3 | 0 | 97 | 0 |
| BANK AMERICA CORP | COM | 060505104 | BBG001S5P0Y0 | 1693560 | 30792 | SH |  | SOLE |  | 30792 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | BBG001S90346 | 684109 | 1361 | SH |  | SOLE |  | 1361 | 0 | 0 |
| BLACKROCK INC | COM | 09290D101 | BBG01PSW2WR0 | 3211 | 3 | SH |  | SOLE | 3 | 0 | 3 | 0 |
| BLACKROCK INC | COM | 09290D101 | BBG01PSW2WR0 | 381042 | 356 | SH |  | SOLE |  | 356 | 0 | 0 |
| BOEING CO | COM | 097023105 | BBG001S5P0V3 | 466089 | 2147 | SH |  | SOLE |  | 2147 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 | BBG00KHY5SY8 | 4499 | 13 | SH |  | SOLE | 3 | 0 | 13 | 0 |
| BROADCOM INC | COM | 11135F101 | BBG00KHY5SY8 | 1853366 | 5355 | SH |  | SOLE |  | 5355 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 | BBG001S5PJ06 | 560842 | 979 | SH |  | SOLE |  | 979 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 | BBG001S67ZC5 | 2643471 | 17343 | SH |  | SOLE |  | 17343 | 0 | 0 |
| CHUBB LIMITED | COM | H1467J104 | BBG001S8S1L3 | 2338210 | 7490 | SH |  | SOLE |  | 7490 | 0 | 0 |
| CHUBB LIMITED | COM | H1467J104 | BBG001S8S1L3 | 4994 | 16 | SH |  | SOLE | 3 | 0 | 16 | 0 |
| CISCO SYS INC | COM | 17275R102 | BBG001S6HC62 | 4853 | 63 | SH |  | SOLE | 3 | 0 | 63 | 0 |
| CISCO SYS INC | COM | 17275R102 | BBG001S6HC62 | 485841 | 6307 | SH |  | SOLE |  | 6307 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 | BBG001S72ZG4 | 241198 | 2067 | SH |  | SOLE |  | 2067 | 0 | 0 |
| COCA COLA CO | COM | 191216100 | BBG001S5SMQ8 | 291905 | 4176 | SH |  | SOLE |  | 4176 | 0 | 0 |
| COCA COLA CO | COM | 191216100 | BBG001S5SMQ8 | 2866 | 41 | SH |  | SOLE | 3 | 0 | 41 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 | BBG001S9KRQ7 | 1944187 | 2254 | SH |  | SOLE |  | 2254 | 0 | 0 |
| DEERE  CO | COM | 244199105 | BBG001S5QFF7 | 245330 | 527 | SH |  | SOLE |  | 527 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 | BBG001S5QHF3 | 402290 | 3536 | SH |  | SOLE |  | 3536 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 | BBG001S5QHF3 | 3641 | 32 | SH |  | SOLE | 3 | 0 | 32 | 0 |
| EATON CORP PLC | SHS | G29183103 | BBG001S5QZ45 | 230604 | 724 | SH |  | SOLE |  | 724 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 | BBG001S5STL8 | 225683 | 210 | SH |  | SOLE |  | 210 | 0 | 0 |
| ENOVIS CORPORATION | COM | 194014502 | BBG001SC04J1 | 1695340 | 63639 | SH |  | SOLE |  | 63639 | 0 | 0 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 | BBG001S9P0Z1 | 2012302 | 62767 | SH |  | SOLE |  | 62767 | 0 | 0 |
| EVERSOURCE ENERGY | COM | 30040W108 | BBG001S5TRL1 | 1763785 | 26196 | SH |  | SOLE |  | 26196 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 | BBG001S69V32 | 810379 | 6734 | SH |  | SOLE |  | 6734 | 0 | 0 |
| FIRST SOLAR INC | COM | 336433107 | BBG001S991Z7 | 2805869 | 10741 | SH |  | SOLE |  | 10741 | 0 | 0 |
| FIRST TR EXCHANGE-TRADED FD | NAS CLNEDG GREEN | 33733E500 | BBG001SSSWQ6 | 267108 | 5990 | SH |  | SOLE |  | 5990 | 0 | 0 |
| FIRST TR EXCHNG TRADED FD VI | FT VEST UQ EQT | 33740U505 | BBG00YGC7V96 | 224795 | 4392 | SH |  | SOLE |  | 4392 | 0 | 0 |
| FIRST TR EXCHNG TRADED FD VI | FT VEST US EQT | 33740F722 | BBG00VC9S4V5 | 461216 | 8083 | SH |  | SOLE |  | 8083 | 0 | 0 |
| FORD MTR CO | COM | 345370860 | BBG001S5TZ33 | 179980 | 13718 | SH |  | SOLE |  | 13718 | 0 | 0 |
| GE AEROSPACE | COM NEW | 369604301 | BBG001S5PVD5 | 718944 | 2334 | SH |  | SOLE |  | 2334 | 0 | 0 |
| GE VERNOVA INC | COM | 36828A101 | BBG013G17W77 | 373843 | 572 | SH |  | SOLE |  | 572 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 | BBG001SC07Z6 | 250515 | 285 | SH |  | SOLE |  | 285 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 | BBG001S5RTW7 | 3441 | 10 | SH |  | SOLE | 3 | 0 | 10 | 0 |
| HOME DEPOT INC | COM | 437076102 | BBG001S5RTW7 | 2978758 | 8655 | SH |  | SOLE |  | 8655 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 | BBG001S5X1N1 | 274882 | 1409 | SH |  | SOLE |  | 1409 | 0 | 0 |
| INNOVATOR ETFS TRUST | DEFINED WLT SHLD | 45783Y855 | BBG011MFV1P4 | 10675453 | 318575 | SH |  | SOLE |  | 318575 | 0 | 0 |
| INNOVATOR ETFS TRUST | EQUITY 1YR JANUA | 45784N817 | BBG01RH8WR26 | 633630 | 23159 | SH |  | SOLE |  | 23159 | 0 | 0 |
| INNOVATOR ETFS TRUST | EQUITY DEF PROTN | 45783Y541 | BBG01HF043V9 | 640860 | 21658 | SH |  | SOLE |  | 21658 | 0 | 0 |
| INNOVATOR ETFS TRUST | EQUITY DEF PROTN | 45784N775 | BBG01S1MH1J6 | 504858 | 19892 | SH |  | SOLE |  | 19892 | 0 | 0 |
| INNOVATOR ETFS TRUST | EQUITY DEFIN 1YR | 45784N700 | BBG01Q0QQ2X4 | 633082 | 23591 | SH |  | SOLE |  | 23591 | 0 | 0 |
| INNOVATOR ETFS TRUST | EQUITY DEFINED P | 45784N742 | BBG01SLKSBZ6 | 573011 | 20841 | SH |  | SOLE |  | 20841 | 0 | 0 |
| INNOVATOR ETFS TRUST | EQUITY DEFINED P | 45784N858 | BBG01R1XY301 | 587319 | 22820 | SH |  | SOLE |  | 22820 | 0 | 0 |
| INNOVATOR ETFS TRUST | EQUITY DEFINED P | 45784N650 | BBG01TRKYSS2 | 655663 | 25783 | SH |  | SOLE |  | 25783 | 0 | 0 |
| INNOVATOR ETFS TRUST | EQUITY DEFINED P | 45783Y251 | BBG01NJ1YJ42 | 645876 | 22222 | SH |  | SOLE |  | 22222 | 0 | 0 |
| INNOVATOR ETFS TRUST | EQUITY DEFINED P | 45783Y111 | BBG01P0WLBY7 | 643636 | 24093 | SH |  | SOLE |  | 24093 | 0 | 0 |
| INNOVATOR ETFS TRUST | EQUITY DEFINED P | 45784N106 | BBG01PK034D4 | 637766 | 23815 | SH |  | SOLE |  | 23815 | 0 | 0 |
| INNOVATOR ETFS TRUST | EQUITY DEFINED P | 45784N726 | BBG01T2X8X27 | 640605 | 24849 | SH |  | SOLE |  | 24849 | 0 | 0 |
| INNOVATOR ETFS TRUST | EQUITY DEFINED P | 45784N809 | BBG01QB5T6T1 | 630398 | 23633 | SH |  | SOLE |  | 23633 | 0 | 0 |
| INNOVATOR ETFS TRUST | EQUITY DEFND 1YR | 45784N643 | BBG01V8DMP21 | 652035 | 24294 | SH |  | SOLE |  | 24294 | 0 | 0 |
| INNOVATOR ETFS TRUST | NASDAQ-100 10 BU | 45783Y160 | BBG01NJ1RJ95 | 11801239 | 402580 | SH |  | SOLE |  | 402580 | 0 | 0 |
| INNOVATOR ETFS TRUST | U S EQ 10 BUFFER | 45783Y442 | BBG01JLFPKY1 | 14050021 | 431379 | SH |  | SOLE |  | 431379 | 0 | 0 |
| INNOVATOR ETFS TRUST | US EQT ULTRA BF | 45782C292 | BBG00TGM5SH5 | 2026991 | 55421 | SH |  | SOLE |  | 55421 | 0 | 0 |
| INNOVATOR ETFS TRUST | US EQT ULTRA BF | 45782C730 | BBG00PBD0S83 | 2028960 | 54244 | SH |  | SOLE |  | 54244 | 0 | 0 |
| INNOVATOR ETFS TRUST | US EQT ULTRA BF | 45782C805 | BBG00NR9PVG7 | 2384213 | 72756 | SH |  | SOLE |  | 72756 | 0 | 0 |
| INNOVATOR ETFS TRUST | US EQT ULTRA BF | 45782C300 | BBG00MYXKMH2 | 2084224 | 48179 | SH |  | SOLE |  | 48179 | 0 | 0 |
| INNOVATOR ETFS TRUST | US EQT ULTRA BF | 45782C672 | BBG00PVP3G50 | 2129050 | 53333 | SH |  | SOLE |  | 53333 | 0 | 0 |
| INNOVATOR ETFS TRUST | US EQT ULTRA BF | 45782C839 | BBG00LNDTLP4 | 2024109 | 52235 | SH |  | SOLE |  | 52235 | 0 | 0 |
| INNOVATOR ETFS TRUST | US EQT ULTRA BF | 45782C375 | BBG00S1NF349 | 2733805 | 68431 | SH |  | SOLE |  | 68431 | 0 | 0 |
| INNOVATOR ETFS TRUST | US EQT ULTRA BFR | 45782C425 | BBG00RHZ8N23 | 2110693 | 57379 | SH |  | SOLE |  | 57379 | 0 | 0 |
| INNOVATOR ETFS TRUST | US EQTY BUFR FEB | 45782C433 | BBG00RHZ1235 | 357250 | 7341 | SH |  | SOLE |  | 7341 | 0 | 0 |
| INNOVATOR ETFS TRUST | US EQTY BUFR MAY | 45782C326 | BBG00TGLNRW2 | 254103 | 5670 | SH |  | SOLE |  | 5670 | 0 | 0 |
| INNOVATOR ETFS TRUST | US EQTY PWR BUF | 45782C797 | BBG00M4NZTF8 | 547946 | 12476 | SH |  | SOLE |  | 12476 | 0 | 0 |
| INNOVATOR ETFS TRUST | US EQTY PWR BUF | 45782C573 | BBG00QPZ1F93 | 344392 | 8243 | SH |  | SOLE |  | 8243 | 0 | 0 |
| INNOVATOR ETFS TRUST | US EQTY ULTRA B | 45782C532 | BBG00QYNC6K5 | 3625118 | 91451 | SH |  | SOLE |  | 91451 | 0 | 0 |
| INNOVATOR ETFS TRUST | US EQTY ULTRA B | 45782C649 | BBG00Q402FM7 | 2853488 | 72551 | SH |  | SOLE |  | 72551 | 0 | 0 |
| INNOVATOR ETFS TRUST | US EQTY ULTRA B | 45782C821 | BBG00M4P0DF6 | 2426306 | 62146 | SH |  | SOLE |  | 62146 | 0 | 0 |
| INNOVATOR ETFS TRUST | US EQTY ULTRA BU | 45782C565 | BBG00QPZ54X7 | 3128853 | 82218 | SH |  | SOLE |  | 82218 | 0 | 0 |
| INNOVATOR ETFS TRUST | US EQUT BUFR AUG | 45782C698 | BBG00PVP2QY7 | 429039 | 8574 | SH |  | SOLE |  | 8574 | 0 | 0 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 | BBG001SDJ4R0 | 10690 | 66 | SH |  | SOLE | 2 | 0 | 66 | 0 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 | BBG001SDJ4R0 | 1879205 | 11602 | SH |  | SOLE |  | 11602 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 | BBG001S5S399 | 4443 | 15 | SH |  | SOLE | 3 | 0 | 15 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 | BBG001S5S399 | 498226 | 1682 | SH |  | SOLE |  | 1682 | 0 | 0 |
| INVESCO EXCH TRD SLF IDX FD | BULETSHS 2029 | 46138J577 | BBG00Q5D6ZV0 | 10053815 | 533784 | SH |  | SOLE |  | 533784 | 0 | 0 |
| INVESCO EXCH TRD SLF IDX FD | BULETSHS 2031 CP | 46138J429 | BBG012JBHCX8 | 9301544 | 557146 | SH |  | SOLE |  | 557146 | 0 | 0 |
| INVESCO EXCH TRD SLF IDX FD | BULLETSHS 31 MUN | 46138J411 | BBG012JBHV75 | 4041412 | 191219 | SH |  | SOLE |  | 191219 | 0 | 0 |
| INVESCO EXCH TRD SLF IDX FD | BULSHS 2026 CB | 46138J791 | BBG00KJR2K35 | 837360 | 42777 | SH |  | SOLE |  | 42777 | 0 | 0 |
| INVESCO EXCH TRD SLF IDX FD | BULSHS 2026 MUNI | 46138J510 | BBG00Q8HN8N8 | 387589 | 16392 | SH |  | SOLE |  | 16392 | 0 | 0 |
| INVESCO EXCH TRD SLF IDX FD | BULSHS 2027 CB | 46138J783 | BBG00KJR2L24 | 10076860 | 510479 | SH |  | SOLE |  | 510479 | 0 | 0 |
| INVESCO EXCH TRD SLF IDX FD | BULSHS 2027 MUNI | 46138J494 | BBG00Q9CYYY7 | 4360549 | 184260 | SH |  | SOLE |  | 184260 | 0 | 0 |
| INVESCO EXCH TRD SLF IDX FD | BULSHS 2028 MUNI | 46138J486 | BBG00Q8HQTM0 | 4402082 | 187322 | SH |  | SOLE |  | 187322 | 0 | 0 |
| INVESCO EXCH TRD SLF IDX FD | BULSHS 2029 MUNI | 46138J478 | BBG00Q9CZ8M6 | 4402805 | 190186 | SH |  | SOLE |  | 190186 | 0 | 0 |
| INVESCO EXCH TRD SLF IDX FD | INVSC 30 MUNI BD | 46138J445 | BBG00X3HX973 | 4033106 | 183115 | SH |  | SOLE |  | 183115 | 0 | 0 |
| INVESCO EXCH TRD SLF IDX FD | INVSCO 30 CORP | 46138J460 | BBG00X3HYBX8 | 9357176 | 553025 | SH |  | SOLE |  | 553025 | 0 | 0 |
| INVESCO EXCH TRD SLF IDX FD | INVSCO BLSH 28 | 46138J643 | BBG00LNJW5P2 | 10174329 | 493899 | SH |  | SOLE |  | 493899 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | AEROSPACE DEFN | 46137V100 | BBG001S8JG85 | 473962 | 3026 | SH |  | SOLE |  | 3026 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 | BBG001S9GN63 | 1901906 | 3096 | SH |  | SOLE |  | 3096 | 0 | 0 |
| ISHARES TR | GLB CNSM STP ETF | 464288737 | BBG001SNVWR2 | 213798 | 3307 | SH |  | SOLE |  | 3307 | 0 | 0 |
| ISHARES TR | GLOBAL TECH ETF | 464287291 | BBG001S60KQ0 | 823200 | 7840 | SH |  | SOLE |  | 7840 | 0 | 0 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 | BBG001S56320 | 7589371 | 16035 | SH |  | SOLE |  | 16035 | 0 | 0 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 | BBG001S562P7 | 2694666 | 12811 | SH |  | SOLE |  | 12811 | 0 | 0 |
| ISHARES TR | RUS 2000 GRW ETF | 464287648 | BBG001S562F8 | 312350 | 967 | SH |  | SOLE |  | 967 | 0 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 | BBG001SFC7Y7 | 269931 | 1097 | SH |  | SOLE |  | 1097 | 0 | 0 |
| ISHARES TR | U.S. FINLS ETF | 464287788 | BBG001SFC802 | 562133 | 4360 | SH |  | SOLE |  | 4360 | 0 | 0 |
| ISHARES TR | U.S. TECH ETF | 464287721 | BBG001SFB7Z7 | 326277 | 1634 | SH |  | SOLE |  | 1634 | 0 | 0 |
| ISHARES TR | US HLTHCARE ETF | 464287762 | BBG001SFGXR4 | 707898 | 10874 | SH |  | SOLE |  | 10874 | 0 | 0 |
| ISHARES TR | US INDUSTRIALS | 464287754 | BBG001SFGXQ5 | 634612 | 4283 | SH |  | SOLE |  | 4283 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 | BBG001S5SHQ9 | 8485 | 41 | SH |  | SOLE | 3 | 0 | 41 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 | BBG001S5SHQ9 | 876242 | 4234 | SH |  | SOLE |  | 4234 | 0 | 0 |
| JOHNSON CTLS INTL PLC | SHS | G51502105 | BBG001S5WZ84 | 384039 | 3207 | SH |  | SOLE |  | 3207 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 | BBG001S8CRC3 | 6648790 | 20633 | SH |  | SOLE |  | 20633 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 | BBG001S8CRC3 | 10633 | 33 | SH |  | SOLE | 3 | 0 | 33 | 0 |
| MCDONALDS CORP | COM | 580135101 | BBG001S5T110 | 2818137 | 9220 | SH |  | SOLE |  | 9220 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 | BBG001S5T110 | 3668 | 12 | SH |  | SOLE | 3 | 0 | 12 | 0 |
| MERCK  CO INC | COM | 58933Y105 | BBG001S5TC52 | 2623165 | 24921 | SH |  | SOLE |  | 24921 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 | BBG001S5TC52 | 2737 | 26 | SH |  | SOLE | 3 | 0 | 26 | 0 |
| META PLATFORMS INC | CL A | 30303M102 | BBG001SQCQC5 | 3953460 | 5989 | SH |  | SOLE |  | 5989 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 | BBG001S6P675 | 675281 | 2366 | SH |  | SOLE |  | 2366 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 | BBG001S5TD05 | 5803 | 12 | SH |  | SOLE | 3 | 0 | 12 | 0 |
| MICROSOFT CORP | COM | 594918104 | BBG001S5TD05 | 8898651 | 18398 | SH |  | SOLE |  | 18398 | 0 | 0 |
| NATIONAL HEALTH INVS INC | COM | 63633D104 | BBG001S6W8Y3 | 395673 | 5181 | SH |  | SOLE |  | 5181 | 0 | 0 |
| NATIONAL HEALTHCARE CORP | COM | 635906100 | BBG001SBJ378 | 733706 | 5352 | SH |  | SOLE |  | 5352 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 | BBG001SF6L46 | 1502347 | 16023 | SH |  | SOLE |  | 16023 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 | BBG001S5TKX3 | 3720324 | 37259 | SH |  | SOLE |  | 37259 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 | BBG001S5TZJ6 | 7034671 | 37719 | SH |  | SOLE |  | 37719 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 | BBG001S5SJG6 | 309128 | 1586 | SH |  | SOLE |  | 1586 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 | BBG001T53796 | 683450 | 3845 | SH |  | SOLE |  | 3845 | 0 | 0 |
| PEPSICO INC | COM | 713448108 | BBG001S695T1 | 1292 | 9 | SH |  | SOLE | 3 | 0 | 9 | 0 |
| PEPSICO INC | COM | 713448108 | BBG001S695T1 | 213702 | 1489 | SH |  | SOLE |  | 1489 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 | BBG001STP9N1 | 235147 | 1466 | SH |  | SOLE |  | 1466 | 0 | 0 |
| PLAINS GP HLDGS L P | LTD PARTNR INT A | 72651A207 | BBG001SZV282 | 3336170 | 174304 | SH |  | SOLE |  | 174304 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 | BBG001S5V4L9 | 4873 | 34 | SH |  | SOLE | 3 | 0 | 34 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 | BBG001S5V4L9 | 565073 | 3943 | SH |  | SOLE |  | 3943 | 0 | 0 |
| PROSHARES TR | PSHS ULTRA INDL | 74347R727 | BBG001SSTCL4 | 757426 | 16332 | SH |  | SOLE |  | 16332 | 0 | 0 |
| PROSHARES TR | PSHS ULTRA QQQ | 74347R206 | BBG001SR6H76 | 675936 | 9600 | SH |  | SOLE |  | 9600 | 0 | 0 |
| PUTNAM ETF TRUST | FRANKLIN CALIF | 746729839 | BBG01XWNLLF4 | 227462 | 31074 | SH |  | SOLE |  | 31074 | 0 | 0 |
| RIO TINTO PLC | SPONSORED ADR | 767204100 | BBG001SB0LX9 | 2234362 | 27919 | SH |  | SOLE |  | 27919 | 0 | 0 |
| ROYAL GOLD INC | COM | 780287108 | BBG001S5VNX4 | 1937061 | 8714 | SH |  | SOLE |  | 8714 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 | BBG001SDLP09 | 1967338 | 7426 | SH |  | SOLE |  | 7426 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 | BBG001SDLP09 | 1589 | 6 | SH |  | SOLE | 3 | 0 | 6 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 | BBG001S5VXD4 | 283545 | 2838 | SH |  | SOLE |  | 2838 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET COM | 81369Y852 | BBG00L5F9FV7 | 222020 | 1886 | SH |  | SOLE |  | 1886 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET TEC | 81369Y803 | BBG001S7TCZ5 | 346967 | 2410 | SH |  | SOLE |  | 2410 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 | BBG001S72SM3 | 5807916 | 8517 | SH |  | SOLE |  | 8517 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A409 | BBG001SD7RB9 | 223109 | 2091 | SH |  | SOLE |  | 2091 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A102 | BBG001SG42D8 | 302333 | 1088 | SH |  | SOLE |  | 1088 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 | BBG001S5WWW4 | 376520 | 1239 | SH |  | SOLE |  | 1239 | 0 | 0 |
| TESLA INC | COM | 88160R101 | BBG001SQKGD7 | 1802028 | 4007 | SH |  | SOLE |  | 4007 | 0 | 0 |
| TILRAY BRANDS INC | COM | 88688T209 | BBG00L7XTPY9 | 117995 | 13067 | SH |  | SOLE |  | 13067 | 0 | 0 |
| TRANE TECHNOLOGIES PLC | SHS | G8994E103 | BBG001S5SBV6 | 2761850 | 7096 | SH |  | SOLE |  | 7096 | 0 | 0 |
| TRANE TECHNOLOGIES PLC | SHS | G8994E103 | BBG001S5SBV6 | 2335 | 6 | SH |  | SOLE | 3 | 0 | 6 | 0 |
| TRAVELERS COMPANIES INC | COM | 89417E109 | BBG001S5R103 | 242932 | 838 | SH |  | SOLE |  | 838 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 | BBG001S5X2M0 | 1936672 | 8371 | SH |  | SOLE |  | 8371 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 | BBG001S5X2M0 | 2545 | 11 | SH |  | SOLE | 3 | 0 | 11 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 | BBG001S6WCJ1 | 1220744 | 3698 | SH |  | SOLE |  | 3698 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 | BBG001S6WCJ1 | 2971 | 9 | SH |  | SOLE | 3 | 0 | 9 | 0 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 | BBG001SHVTS1 | 205186 | 707 | SH |  | SOLE |  | 707 | 0 | 0 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 | BBG001TC6MC1 | 13179422 | 21015 | SH |  | SOLE |  | 21015 | 0 | 0 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 | BBG001SHTB03 | 291685 | 870 | SH |  | SOLE |  | 870 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | VNG RUS2000IDX | 92206C664 | BBG001TCH7W0 | 13759751 | 138261 | SH |  | SOLE |  | 138261 | 0 | 0 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 | BBG001SQX4T3 | 604835 | 2752 | SH |  | SOLE |  | 2752 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 | BBG001S67QY1 | 331001 | 8127 | SH |  | SOLE |  | 8127 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 | BBG001SRCFY3 | 14730 | 42 | SH |  | SOLE | 2 | 0 | 42 | 0 |
| VISA INC | COM CL A | 92826C839 | BBG001SRCFY3 | 3156 | 9 | SH |  | SOLE | 3 | 0 | 9 | 0 |
| VISA INC | COM CL A | 92826C839 | BBG001SRCFY3 | 3260360 | 9296 | SH |  | SOLE |  | 9296 | 0 | 0 |
| WALMART INC | COM | 931142103 | BBG001S5XH92 | 3603824 | 32346 | SH |  | SOLE |  | 32346 | 0 | 0 |
| WALMART INC | COM | 931142103 | BBG001S5XH92 | 5905 | 53 | SH |  | SOLE | 3 | 0 | 53 | 0 |
| WASTE MGMT INC DEL | COM | 94106L109 | BBG001S5XH47 | 608209 | 2768 | SH |  | SOLE |  | 2768 | 0 | 0 |
| WASTE MGMT INC DEL | COM | 94106L109 | BBG001S5XH47 | 2417 | 11 | SH |  | SOLE | 3 | 0 | 11 | 0 |
| WISDOMTREE TR | US QTLY DIV GRT | 97717X669 | BBG004LMH3Z6 | 1356924 | 15173 | SH |  | SOLE |  | 15173 | 0 | 0 |

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