# EDGAR Filing Document

**Accession Number:** 0000860828
**File Stem:** 0000860828-23-000001
**Filing Date:** 2023-1
**Character Count:** 28244
**Document Hash:** 3510405093d210f5b588406a650ddd14
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000860828-23-000001.hdr.sgml**: 20230117

**ACCESSION NUMBER**: 0000860828-23-000001

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230117

**DATE AS OF CHANGE**: 20230117

**EFFECTIVENESS DATE**: 20230117

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CAPITAL ADVISORS INC/OK
- **CENTRAL INDEX KEY:** 0000860828
- **IRS NUMBER:** 731044294
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-04953
- **FILM NUMBER:** 23531290

**BUSINESS ADDRESS:**
- **STREET 1:** 2222 SOUTH UTICA PLACE
- **STREET 2:** STE 300
- **CITY:** TULSA
- **STATE:** OK
- **ZIP:** 74114
- **BUSINESS PHONE:** 918-599-0045

**MAIL ADDRESS:**
- **STREET 1:** 2222 SOUTH UTICA PLACE
- **STREET 2:** STE 300
- **CITY:** TULSA
- **STATE:** OK
- **ZIP:** 74114

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**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:** CAPITAL ADVISORS INC/OK<br>**Address:** 2222 SOUTH UTICA PLACE<br>STE 300<br>TULSA, OK 74114

**Form 13F File Number:** 028-04953

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:** Jamie Wilson<br>**Title:** COO<br>**Phone:** 9185990045

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

Jamie Wilson  Tulsa, OK  01-17-2023<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:** 0

**Form 13F Information Table Entry Total:** 251

**Form 13F Information Table Value Total:** $3524004709

      (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.]

**NONE**

### 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 |
| 3M CO | COM | 88579Y101 |  | 964920 | 8046 | SH |  | SOLE |  | 0 | 0 | 8046 |
| AAON INC | COM PAR $0.004 | 000360206 |  | 79678467 | 1057866 | SH |  | SOLE |  | 0 | 0 | 1057866 |
| ABBOTT LABS | COM | 002824100 |  | 3450249 | 31426 | SH |  | SOLE |  | 0 | 0 | 31426 |
| ABBVIE INC | COM | 00287Y109 |  | 55498394 | 343409 | SH |  | SOLE |  | 0 | 0 | 343409 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 54565793 | 204489 | SH |  | SOLE |  | 0 | 0 | 204489 |
| AGNC INVT CORP | COM | 00123Q104 |  | 16959911 | 1638639 | SH |  | SOLE |  | 0 | 0 | 1638639 |
| ALLIANCE RESOURCE PARTNERS L | UT LTD PART | 01877R108 |  | 1933631 | 95159 | SH |  | SOLE |  | 0 | 0 | 95159 |
| ALLSTATE CORP | COM | 020002101 |  | 410474 | 3027 | SH |  | SOLE |  | 0 | 0 | 3027 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 2460735 | 27890 | SH |  | SOLE |  | 0 | 0 | 27890 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 52056350 | 586683 | SH |  | SOLE |  | 0 | 0 | 586683 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 917280 | 20067 | SH |  | SOLE |  | 0 | 0 | 20067 |
| AMAZON COM INC | COM | 023135106 |  | 41104445 | 489339 | SH |  | SOLE |  | 0 | 0 | 489339 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 |  | 778822 | 8202 | SH |  | SOLE |  | 0 | 0 | 8202 |
| AMERIPRISE FINL INC | COM | 03076C106 |  | 208276 | 669 | SH |  | SOLE |  | 0 | 0 | 669 |
| AMGEN INC | COM | 031162100 |  | 858212 | 3268 | SH |  | SOLE |  | 0 | 0 | 3268 |
| ANTERO MIDSTREAM CORP | COM | 03676B102 |  | 151060 | 14000 | SH |  | SOLE |  | 0 | 0 | 14000 |
| APA CORPORATION | COM | 03743Q108 |  | 1242155 | 26610 | SH |  | SOLE |  | 0 | 0 | 26610 |
| APOLLO GLOBAL MGMT INC | COM | 03769M106 |  | 255160 | 4000 | SH |  | SOLE |  | 0 | 0 | 4000 |
| APPLE INC | COM | 037833100 |  | 79393159 | 611046 | SH |  | SOLE |  | 0 | 0 | 611046 |
| APPLIED MATLS INC | COM | 038222105 |  | 27750984 | 284976 | SH |  | SOLE |  | 10 | 0 | 284966 |
| ARES CAPITAL CORP | COM | 04010L103 |  | 18123799 | 981256 | SH |  | SOLE |  | 0 | 0 | 981256 |
| AT INC | COM | 00206R102 |  | 1295433 | 70366 | SH |  | SOLE |  | 0 | 0 | 70366 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 1264764 | 5295 | SH |  | SOLE |  | 0 | 0 | 5295 |
| BAKER HUGHES COMPANY | CL A | 05722G100 |  | 366674 | 12417 | SH |  | SOLE |  | 0 | 0 | 12417 |
| BANCFIRST CORP | COM | 05945F103 |  | 276532 | 3136 | SH |  | SOLE |  | 0 | 0 | 3136 |
| BANK AMERICA CORP | COM | 060505104 |  | 1770085 | 53445 | SH |  | SOLE |  | 0 | 0 | 53445 |
| BCE INC | COM NEW | 05534B760 |  | 50055326 | 1138915 | SH |  | SOLE |  | 0 | 0 | 1138915 |
| BEAM THERAPEUTICS INC | COM | 07373V105 |  | 4237725 | 108354 | SH |  | SOLE |  | 0 | 0 | 108354 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 45510476 | 147331 | SH |  | SOLE |  | 0 | 0 | 147331 |
| BLACKROCK INC | COM | 09247X101 |  | 36831232 | 51975 | SH |  | SOLE |  | 0 | 0 | 51975 |
| BLACKSTONE INC | COM | 09260D107 |  | 17650486 | 237909 | SH |  | SOLE |  | 0 | 0 | 237909 |
| BOEING CO | COM | 097023105 |  | 874349 | 4590 | SH |  | SOLE |  | 0 | 0 | 4590 |
| BOK FINL CORP | COM NEW | 05561Q201 |  | 369596 | 3561 | SH |  | SOLE |  | 0 | 0 | 3561 |
| BP PLC | SPONSORED ADR | 055622104 |  | 909762 | 26045 | SH |  | SOLE |  | 0 | 0 | 26045 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 1038022 | 14427 | SH |  | SOLE |  | 0 | 0 | 14427 |
| BROADCOM INC | COM | 11135F101 |  | 32046012 | 57314 | SH |  | SOLE |  | 0 | 0 | 57314 |
| BROOKFIELD ASSET MANAGMT LTD | CL A LMT VTG SHS | 113004105 |  | 4294666 | 149797 | SH |  | SOLE |  | 0 | 0 | 149797 |
| BROOKFIELD CORP | CL A LTD VT SH | 11271J107 |  | 18979186 | 603280 | SH |  | SOLE |  | 0 | 0 | 603280 |
| BROOKFIELD RENEWABLE CORP | CL A SUB VTG | 11284V105 |  | 13674852 | 496545 | SH |  | SOLE |  | 0 | 0 | 496545 |
| CATERPILLAR INC | COM | 149123101 |  | 489102 | 2042 | SH |  | SOLE |  | 0 | 0 | 2042 |
| CHENIERE ENERGY INC | COM NEW | 16411R208 |  | 214443 | 1430 | SH |  | SOLE |  | 0 | 0 | 1430 |
| CHESAPEAKE ENERGY CORP | COM | 165167735 |  | 660590 | 7000 | SH |  | SOLE |  | 0 | 0 | 7000 |
| CHEVRON CORP NEW | COM | 166764100 |  | 82786502 | 461232 | SH |  | SOLE |  | 0 | 0 | 461232 |
| CHIMERA INVT CORP | COM NEW | 16934Q208 |  | 60060 | 10920 | SH |  | SOLE |  | 0 | 0 | 10920 |
| CISCO SYS INC | COM | 17275R102 |  | 26248929 | 550985 | SH |  | SOLE |  | 0 | 0 | 550985 |
| COCA COLA CO | COM | 191216100 |  | 43818341 | 688859 | SH |  | SOLE |  | 0 | 0 | 688859 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 684528 | 8688 | SH |  | SOLE |  | 0 | 0 | 8688 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 276035 | 7893 | SH |  | SOLE |  | 0 | 0 | 7893 |
| COMMERCE BANCSHARES INC | COM | 200525103 |  | 287323 | 4221 | SH |  | SOLE |  | 0 | 0 | 4221 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 6193123 | 52484 | SH |  | SOLE |  | 0 | 0 | 52484 |
| CORTEVA INC | COM | 22052L104 |  | 368613 | 6271 | SH |  | SOLE |  | 0 | 0 | 6271 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 939667 | 2058 | SH |  | SOLE |  | 0 | 0 | 2058 |
| COTERRA ENERGY INC | COM | 127097103 |  | 278722 | 11344 | SH |  | SOLE |  | 0 | 0 | 11344 |
| CRISPR THERAPEUTICS AG | NAMEN AKT | H17182108 |  | 5281008 | 129914 | SH |  | SOLE |  | 10 | 0 | 129904 |
| CULLEN FROST BANKERS INC | COM | 229899109 |  | 215123 | 1609 | SH |  | SOLE |  | 0 | 0 | 1609 |
| CVS HEALTH CORP | COM | 126650100 |  | 1297312 | 13921 | SH |  | SOLE |  | 0 | 0 | 13921 |
| DANAHER CORPORATION | COM | 235851102 |  | 51901147 | 195543 | SH |  | SOLE |  | 0 | 0 | 195543 |
| DEVON ENERGY CORP NEW | COM | 25179M103 |  | 37942460 | 616850 | SH |  | SOLE |  | 0 | 0 | 616850 |
| DIAMONDBACK ENERGY INC | COM | 25278X109 |  | 1630144 | 11918 | SH |  | SOLE |  | 0 | 0 | 11918 |
| DIMENSIONAL ETF TRUST | US CORE EQUITY 2 | 25434V708 |  | 300902 | 12393 | SH |  | SOLE |  | 0 | 0 | 12393 |
| DISNEY WALT CO | COM | 254687106 |  | 885832 | 10196 | SH |  | SOLE |  | 0 | 0 | 10196 |
| DOLLAR GEN CORP NEW | COM | 256677105 |  | 34672650 | 140803 | SH |  | SOLE |  | 0 | 0 | 140803 |
| DOMINION ENERGY INC | COM | 25746U109 |  | 22200273 | 362040 | SH |  | SOLE |  | 0 | 0 | 362040 |
| DOORDASH INC | CL A | 25809K105 |  | 5906292 | 120981 | SH |  | SOLE |  | 0 | 0 | 120981 |
| DOW INC | COM | 260557103 |  | 21434134 | 425365 | SH |  | SOLE |  | 0 | 0 | 425365 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 852517 | 8278 | SH |  | SOLE |  | 0 | 0 | 8278 |
| DUPONT DE NEMOURS INC | COM | 26614N102 |  | 405561 | 5909 | SH |  | SOLE |  | 0 | 0 | 5909 |
| EATON CORP PLC | SHS | G29183103 |  | 18971307 | 120875 | SH |  | SOLE |  | 0 | 0 | 120875 |
| ECOLAB INC | COM | 278865100 |  | 14282932 | 98124 | SH |  | SOLE |  | 0 | 0 | 98124 |
| EDWARDS LIFESCIENCES CORP | COM | 28176E108 |  | 822501 | 11024 | SH |  | SOLE |  | 0 | 0 | 11024 |
| EMERSON ELEC CO | COM | 291011104 |  | 914308 | 9518 | SH |  | SOLE |  | 0 | 0 | 9518 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 4572095 | 385181 | SH |  | SOLE |  | 0 | 0 | 385181 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 1326273 | 54986 | SH |  | SOLE |  | 0 | 0 | 54986 |
| ENVIVA INC | COM | 29415B103 |  | 8894163 | 167909 | SH |  | SOLE |  | 0 | 0 | 167909 |
| EOG RES INC | COM | 26875P101 |  | 813449 | 6280 | SH |  | SOLE |  | 0 | 0 | 6280 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 76873023 | 696945 | SH |  | SOLE |  | 0 | 0 | 696945 |
| FIFTH THIRD BANCORP | COM | 316773100 |  | 24691631 | 752564 | SH |  | SOLE |  | 0 | 0 | 752564 |
| FIRST FINL BANKSHARES INC | COM | 32020R109 |  | 377506 | 10974 | SH |  | SOLE |  | 0 | 0 | 10974 |
| FIRST SOLAR INC | COM | 336433107 |  | 268873 | 1795 | SH |  | SOLE |  | 0 | 0 | 1795 |
| FORD MTR CO DEL | COM | 345370860 |  | 129103 | 11101 | SH |  | SOLE |  | 0 | 0 | 11101 |
| FORTIVE CORP | COM | 34959J108 |  | 528456 | 8225 | SH |  | SOLE |  | 0 | 0 | 8225 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 29596187 | 778847 | SH |  | SOLE |  | 0 | 0 | 778847 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 1014274 | 4088 | SH |  | SOLE |  | 0 | 0 | 4088 |
| GENERAL ELECTRIC CO | COM NEW | 369604301 |  | 289749 | 3458 | SH |  | SOLE |  | 0 | 0 | 3458 |
| GENERAL MLS INC | COM | 370334104 |  | 26946869 | 321370 | SH |  | SOLE |  | 0 | 0 | 321370 |
| GENERAL MTRS CO | COM | 37045V100 |  | 26148024 | 777290 | SH |  | SOLE |  | 0 | 0 | 777290 |
| HALLIBURTON CO | COM | 406216101 |  | 27731511 | 704740 | SH |  | SOLE |  | 0 | 0 | 704740 |
| HELMERICH  PAYNE INC | COM | 423452101 |  | 852505 | 17198 | SH |  | SOLE |  | 0 | 0 | 17198 |
| HENRY JACK  ASSOC INC | COM | 426281101 |  | 257553 | 1467 | SH |  | SOLE |  | 0 | 0 | 1467 |
| HERSHEY CO | COM | 427866108 |  | 200771 | 867 | SH |  | SOLE |  | 0 | 0 | 867 |
| HESS CORP | COM | 42809H107 |  | 213155 | 1503 | SH |  | SOLE |  | 0 | 0 | 1503 |
| HOME DEPOT INC | COM | 437076102 |  | 29289373 | 92729 | SH |  | SOLE |  | 0 | 0 | 92729 |
| HONEYWELL INTL INC | COM | 438516106 |  | 44799780 | 209052 | SH |  | SOLE |  | 0 | 0 | 209052 |
| HUMANA INC | COM | 444859102 |  | 884193 | 1726 | SH |  | SOLE |  | 0 | 0 | 1726 |
| INTEL CORP | COM | 458140100 |  | 319035 | 12071 | SH |  | SOLE |  | 144 | 0 | 11927 |
| INTELLIA THERAPEUTICS INC | COM | 45826J105 |  | 6058858 | 173656 | SH |  | SOLE |  | 15 | 0 | 173641 |
| INTERNATIONAL BANCSHARES COR | COM | 459044103 |  | 319954 | 6992 | SH |  | SOLE |  | 0 | 0 | 6992 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 807128 | 5729 | SH |  | SOLE |  | 0 | 0 | 5729 |
| INTERPUBLIC GROUP COS INC | COM | 460690100 |  | 20066681 | 602422 | SH |  | SOLE |  | 0 | 0 | 602422 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 23506996 | 88589 | SH |  | SOLE |  | 0 | 0 | 88589 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 360283 | 2551 | SH |  | SOLE |  | 0 | 0 | 2551 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 2155127 | 8093 | SH |  | SOLE |  | 0 | 0 | 8093 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 35911196 | 148461 | SH |  | SOLE |  | 0 | 0 | 148461 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 23402784 | 247282 | SH |  | SOLE |  | 0 | 0 | 247282 |
| ISHARES TR | S 500 VAL ETF | 464287408 |  | 669208 | 4613 | SH |  | SOLE |  | 0 | 0 | 4613 |
| ISHARES TR | CORE S ETF | 464287200 |  | 575418 | 1498 | SH |  | SOLE |  | 0 | 0 | 1498 |
| ISHARES TR | S 500 GRWT ETF | 464287309 |  | 21413610 | 366045 | SH |  | SOLE |  | 0 | 0 | 366045 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 326716 | 1525 | SH |  | SOLE |  | 0 | 0 | 1525 |
| ISHARES TR | SELECT DIVID ETF | 464287168 |  | 253016 | 2098 | SH |  | SOLE |  | 0 | 0 | 2098 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 |  | 31487459 | 510828 | SH |  | SOLE |  | 0 | 0 | 510828 |
| ISHARES TR | CRE U S REIT ETF | 464288521 |  | 3987351 | 80634 | SH |  | SOLE |  | 0 | 0 | 80634 |
| ISHARES TR | MORTGE REL ETF | 46435G342 |  | 2312792 | 101930 | SH |  | SOLE |  | 0 | 0 | 101930 |
| ISHARES TR | IBONDS DEC2026 | 46435GAA0 |  | 67219236 | 2878768 | SH |  | SOLE |  | 0 | 0 | 2878768 |
| ISHARES TR | IBONDS 27 ETF | 46435UAA9 |  | 52858150 | 2261795 | SH |  | SOLE |  | 0 | 0 | 2261795 |
| ISHARES TR | BROAD USD HIGH | 46435U853 |  | 4037351 | 116923 | SH |  | SOLE |  | 0 | 0 | 116923 |
| ISHARES TR | IBDS DEC28 ETF | 46435U515 |  | 38368192 | 1579588 | SH |  | SOLE |  | 0 | 0 | 1579588 |
| ISHARES TR | IBONDS DEC24 ETF | 46434VBG4 |  | 53651429 | 2197028 | SH |  | SOLE |  | 0 | 0 | 2197028 |
| ISHARES TR | MSCI INTL MOMENT | 46434V449 |  | 3105755 | 100738 | SH |  | SOLE |  | 0 | 0 | 100738 |
| ISHARES TR | MSCI INTL VLU FT | 46435G409 |  | 3334078 | 143896 | SH |  | SOLE |  | 0 | 0 | 143896 |
| ISHARES TR | IBONDS DEC25 ETF | 46434VBD1 |  | 61106553 | 2512605 | SH |  | SOLE |  | 0 | 0 | 2512605 |
| ISORAY INC | COM | 46489V104 |  | 2471 | 10000 | SH |  | SOLE |  | 0 | 0 | 10000 |
| J P MORGAN EXCHANGE TRADED F | EQUITY PREMIUM | 46641Q332 |  | 15843294 | 290756 | SH |  | SOLE |  | 0 | 0 | 290756 |
| JANUS DETROIT STR TR | HENDERSON MTG | 47103U852 |  | 55588737 | 1222805 | SH |  | SOLE |  | 0 | 0 | 1222805 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 41141314 | 232897 | SH |  | SOLE |  | 0 | 0 | 232897 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 60234372 | 449175 | SH |  | SOLE |  | 0 | 0 | 449175 |
| KIMBERLY-CLARK CORP | COM | 494368103 |  | 335574 | 2472 | SH |  | SOLE |  | 0 | 0 | 2472 |
| KROGER CO | COM | 501044101 |  | 31169307 | 699177 | SH |  | SOLE |  | 0 | 0 | 699177 |
| LAM RESEARCH CORP | COM | 512807108 |  | 1192544 | 2837 | SH |  | SOLE |  | 0 | 0 | 2837 |
| LAUDER ESTEE COS INC | CL A | 518439104 |  | 407893 | 1644 | SH |  | SOLE |  | 0 | 0 | 1644 |
| LEGGETT  PLATT INC | COM | 524660107 |  | 15480166 | 480303 | SH |  | SOLE |  | 0 | 0 | 480303 |
| LILLY ELI  CO | COM | 532457108 |  | 1021783 | 2793 | SH |  | SOLE |  | 0 | 0 | 2793 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 39349854 | 80885 | SH |  | SOLE |  | 0 | 0 | 80885 |
| LOEWS CORP | COM | 540424108 |  | 349980 | 6000 | SH |  | SOLE |  | 0 | 0 | 6000 |
| LOWES COS INC | COM | 548661107 |  | 289917 | 1455 | SH |  | SOLE |  | 0 | 0 | 1455 |
| MAGELLAN MIDSTREAM PRTNRS LP | COM UNIT RP LP | 559080106 |  | 266866 | 5315 | SH |  | SOLE |  | 0 | 0 | 5315 |
| MARATHON PETE CORP | COM | 56585A102 |  | 420517 | 3613 | SH |  | SOLE |  | 0 | 0 | 3613 |
| MARSH  MCLENNAN COS INC | COM | 571748102 |  | 430248 | 2600 | SH |  | SOLE |  | 0 | 0 | 2600 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 316456 | 910 | SH |  | SOLE |  | 0 | 0 | 910 |
| MCDONALDS CORP | COM | 580135101 |  | 1567095 | 5947 | SH |  | SOLE |  | 0 | 0 | 5947 |
| MCKESSON CORP | COM | 58155Q103 |  | 551323 | 1470 | SH |  | SOLE |  | 0 | 0 | 1470 |
| MERCK  CO INC | COM | 58933Y105 |  | 845633 | 7622 | SH |  | SOLE |  | 0 | 0 | 7622 |
| META MATERIALS INC | COM | 59134N104 |  | 38699 | 32520 | SH |  | SOLE |  | 0 | 0 | 32520 |
| META PLATFORMS INC | CL A | 30303M102 |  | 381959 | 3174 | SH |  | SOLE |  | 0 | 0 | 3174 |
| MICROSOFT CORP | COM | 594918104 |  | 104669404 | 436450 | SH |  | SOLE |  | 0 | 0 | 436450 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 278872 | 3280 | SH |  | SOLE |  | 0 | 0 | 3280 |
| NETFLIX INC | COM | 64110L106 |  | 414012 | 1404 | SH |  | SOLE |  | 0 | 0 | 1404 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 681746 | 8155 | SH |  | SOLE |  | 0 | 0 | 8155 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 298907 | 1213 | SH |  | SOLE |  | 0 | 0 | 1213 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 594169 | 1089 | SH |  | SOLE |  | 0 | 0 | 1089 |
| NOVANTA INC | COM | 67000B104 |  | 679350 | 5000 | SH |  | SOLE |  | 0 | 0 | 5000 |
| NOVO-NORDISK A S | ADR | 670100205 |  | 302637 | 2236 | SH |  | SOLE |  | 0 | 0 | 2236 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 15240359 | 104286 | SH |  | SOLE |  | 50 | 0 | 104236 |
| NXP SEMICONDUCTORS N V | COM | N6596X109 |  | 24677768 | 156159 | SH |  | SOLE |  | 0 | 0 | 156159 |
| OCCIDENTAL PETE CORP | COM | 674599105 |  | 1617370 | 25677 | SH |  | SOLE |  | 0 | 0 | 25677 |
| OGE ENERGY CORP | COM | 670837103 |  | 266442 | 6737 | SH |  | SOLE |  | 0 | 0 | 6737 |
| ONE GAS INC | COM | 68235P108 |  | 331124 | 4373 | SH |  | SOLE |  | 0 | 0 | 4373 |
| ONEOK INC NEW | COM | 682680103 |  | 4977504 | 75761 | SH |  | SOLE |  | 0 | 0 | 75761 |
| OPKO HEALTH INC | COM | 68375N103 |  | 205781 | 164625 | SH |  | SOLE |  | 0 | 0 | 164625 |
| ORACLE CORP | COM | 68389X105 |  | 1003469 | 12276 | SH |  | SOLE |  | 26 | 0 | 12250 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 113634 | 17700 | SH |  | SOLE |  | 100 | 0 | 17600 |
| PAYCHEX INC | COM | 704326107 |  | 31426920 | 271953 | SH |  | SOLE |  | 0 | 0 | 271953 |
| PEPSICO INC | COM | 713448108 |  | 312219285 | 1728215 | SH |  | SOLE |  | 0 | 0 | 1728215 |
| PFIZER INC | COM | 717081103 |  | 30866062 | 602382 | SH |  | SOLE |  | 0 | 0 | 602382 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 739706 | 7309 | SH |  | SOLE |  | 0 | 0 | 7309 |
| PHILLIPS 66 | COM | 718546104 |  | 1553935 | 14930 | SH |  | SOLE |  | 0 | 0 | 14930 |
| PIONEER NAT RES CO | COM | 723787107 |  | 43187724 | 189096 | SH |  | SOLE |  | 0 | 0 | 189096 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 45998228 | 303498 | SH |  | SOLE |  | 0 | 0 | 303498 |
| PROSPERITY BANCSHARES INC | COM | 743606105 |  | 387021 | 5325 | SH |  | SOLE |  | 0 | 0 | 5325 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 240892 | 2422 | SH |  | SOLE |  | 0 | 0 | 2422 |
| QUALCOMM INC | COM | 747525103 |  | 311208 | 2831 | SH |  | SOLE |  | 11 | 0 | 2820 |
| RANGE RES CORP | COM | 75281A109 |  | 238941 | 9550 | SH |  | SOLE |  | 0 | 0 | 9550 |
| RAYTHEON TECHNOLOGIES CORP | COM | 75513E101 |  | 1437810 | 14247 | SH |  | SOLE |  | 0 | 0 | 14247 |
| RIO TINTO PLC | SPONSORED ADR | 767204100 |  | 21120513 | 296636 | SH |  | SOLE |  | 0 | 0 | 296636 |
| ROCKWELL AUTOMATION INC | COM | 773903109 |  | 308311 | 1197 | SH |  | SOLE |  | 0 | 0 | 1197 |
| SCHLUMBERGER LTD | COM STK | 806857108 |  | 20168078 | 377255 | SH |  | SOLE |  | 0 | 0 | 377255 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 2272582 | 27295 | SH |  | SOLE |  | 0 | 0 | 27295 |
| SCHWAB STRATEGIC TR | 1000 INDEX ETF | 808524722 |  | 233391 | 6320 | SH |  | SOLE |  | 0 | 0 | 6320 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 |  | 816302 | 10806 | SH |  | SOLE |  | 0 | 0 | 10806 |
| SCHWAB STRATEGIC TR | US LCAP GR ETF | 808524300 |  | 243353 | 4380 | SH |  | SOLE |  | 0 | 0 | 4380 |
| SCHWAB STRATEGIC TR | US LCAP VA ETF | 808524409 |  | 382933 | 5800 | SH |  | SOLE |  | 0 | 0 | 5800 |
| SCHWAB STRATEGIC TR | INTL SCEQT ETF | 808524888 |  | 10125073 | 321737 | SH |  | SOLE |  | 0 | 0 | 321737 |
| SCHWAB STRATEGIC TR | US BRD MKT ETF | 808524102 |  | 1958122 | 43698 | SH |  | SOLE |  | 0 | 0 | 43698 |
| SCHWAB STRATEGIC TR | INTL EQTY ETF | 808524805 |  | 10432230 | 323882 | SH |  | SOLE |  | 0 | 0 | 323882 |
| SCHWAB STRATEGIC TR | US LRG CAP ETF | 808524201 |  | 1365193 | 30237 | SH |  | SOLE |  | 0 | 0 | 30237 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 |  | 723049 | 5810 | SH |  | SOLE |  | 0 | 0 | 5810 |
| SELECT SECTOR SPDR TR | SBI CONS STPLS | 81369Y308 |  | 377626 | 5065 | SH |  | SOLE |  | 0 | 0 | 5065 |
| SHELL PLC | SPON ADS | 780259305 |  | 264112 | 4638 | SH |  | SOLE |  | 0 | 0 | 4638 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 393968 | 1660 | SH |  | SOLE |  | 0 | 0 | 1660 |
| SHOPIFY INC | CL A | 82509L107 |  | 285663 | 8230 | SH |  | SOLE |  | 0 | 0 | 8230 |
| SIMON PPTY GROUP INC NEW | COM | 828806109 |  | 28765260 | 244852 | SH |  | SOLE |  | 0 | 0 | 244852 |
| SOUTHERN CO | COM | 842587107 |  | 45677469 | 639651 | SH |  | SOLE |  | 0 | 0 | 639651 |
| SOUTHERN COPPER CORP | COM | 84265V105 |  | 21276111 | 352312 | SH |  | SOLE |  | 0 | 0 | 352312 |
| SOUTHWEST AIRLS CO | COM | 844741108 |  | 377492 | 11212 | SH |  | SOLE |  | 0 | 0 | 11212 |
| SPDR DOW JONES INDL AVERAGE | UT SER 1 | 78467X109 |  | 465850 | 1406 | SH |  | SOLE |  | 0 | 0 | 1406 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 369646 | 2179 | SH |  | SOLE |  | 0 | 0 | 2179 |
| SPDR INDEX SHS FDS | PORTFOLIO EMG MK | 78463X509 |  | 1468849 | 44565 | SH |  | SOLE |  | 0 | 0 | 44565 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 27879905 | 72902 | SH |  | SOLE |  | 0 | 0 | 72902 |
| SPDR SER TR | S DIVID ETF | 78464A763 |  | 1216475 | 9723 | SH |  | SOLE |  | 0 | 0 | 9723 |
| SPDR SER TR | PORTFOLIO INTRMD | 78464A375 |  | 33342615 | 1047522 | SH |  | SOLE |  | 0 | 0 | 1047522 |
| SPDR SER TR | BBG CONV SEC ETF | 78464A359 |  | 638896 | 9930 | SH |  | SOLE |  | 0 | 0 | 9930 |
| SPDR SER TR | PORTFLI HIGH YLD | 78468R606 |  | 19295458 | 863718 | SH |  | SOLE |  | 0 | 0 | 863718 |
| SSGA ACTIVE ETF TR | SPDR TR TACTIC | 78467V848 |  | 63241314 | 1579453 | SH |  | SOLE |  | 0 | 0 | 1579453 |
| STARBUCKS CORP | COM | 855244109 |  | 323525 | 3261 | SH |  | SOLE |  | 0 | 0 | 3261 |
| STRYKER CORPORATION | COM | 863667101 |  | 21404652 | 87548 | SH |  | SOLE |  | 0 | 0 | 87548 |
| TARGA RES CORP | COM | 87612G101 |  | 803355 | 10930 | SH |  | SOLE |  | 0 | 0 | 10930 |
| TARGET CORP | COM | 87612E106 |  | 413667 | 2776 | SH |  | SOLE |  | 0 | 0 | 2776 |
| TASEKO MINES LTD | COM | 876511106 |  | 20433 | 13900 | SH |  | SOLE |  | 0 | 0 | 13900 |
| TESLA INC | COM | 88160R101 |  | 764111 | 6203 | SH |  | SOLE |  | 0 | 0 | 6203 |
| TEXAS INSTRS INC | COM | 882508104 |  | 24742188 | 149753 | SH |  | SOLE |  | 0 | 0 | 149753 |
| THE TRADE DESK INC | COM CL A | 88339J105 |  | 253558 | 5656 | SH |  | SOLE |  | 25 | 0 | 5631 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 42181275 | 76597 | SH |  | SOLE |  | 0 | 0 | 76597 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 8367989 | 338374 | SH |  | SOLE |  | 0 | 0 | 338374 |
| UNILEVER PLC | SPON ADR NEW | 904767704 |  | 25802572 | 512464 | SH |  | SOLE |  | 0 | 0 | 512464 |
| UNION PAC CORP | COM | 907818108 |  | 261736 | 1264 | SH |  | SOLE |  | 0 | 0 | 1264 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 254904 | 1466 | SH |  | SOLE |  | 0 | 0 | 1466 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 48436727 | 91359 | SH |  | SOLE |  | 0 | 0 | 91359 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 1354621 | 10678 | SH |  | SOLE |  | 0 | 0 | 10678 |
| VANGUARD BD INDEX FDS | SHORT TRM BOND | 921937827 |  | 202014 | 2684 | SH |  | SOLE |  | 0 | 0 | 2684 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 |  | 200218 | 2787 | SH |  | SOLE |  | 0 | 0 | 2787 |
| VANGUARD INDEX FDS | LARGE CAP ETF | 922908637 |  | 781810 | 4488 | SH |  | SOLE |  | 0 | 0 | 4488 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 526608 | 2869 | SH |  | SOLE |  | 0 | 0 | 2869 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 364813 | 2599 | SH |  | SOLE |  | 0 | 0 | 2599 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 540652 | 2653 | SH |  | SOLE |  | 0 | 0 | 2653 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 26925685 | 326451 | SH |  | SOLE |  | 0 | 0 | 326451 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 1086010 | 3091 | SH |  | SOLE |  | 0 | 0 | 3091 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 1562383 | 8172 | SH |  | SOLE |  | 0 | 0 | 8172 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 10082668 | 258663 | SH |  | SOLE |  | 0 | 0 | 258663 |
| VANGUARD INTL EQUITY INDEX F | FTSE SMCAP ETF | 922042718 |  | 2476603 | 24089 | SH |  | SOLE |  | 0 | 0 | 24089 |
| VANGUARD SCOTTSDALE FDS | INT-TERM CORP | 92206C870 |  | 3014906 | 38897 | SH |  | SOLE |  | 0 | 0 | 38897 |
| VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 92206C409 |  | 12262211 | 163083 | SH |  | SOLE |  | 0 | 0 | 163083 |
| VANGUARD SCOTTSDALE FDS | SHORT TERM TREAS | 92206C102 |  | 44888228 | 776344 | SH |  | SOLE |  | 0 | 0 | 776344 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 820425 | 5403 | SH |  | SOLE |  | 0 | 0 | 5403 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 322514 | 7684 | SH |  | SOLE |  | 0 | 0 | 7684 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 |  | 38840559 | 358937 | SH |  | SOLE |  | 0 | 0 | 358937 |
| VANGUARD WORLD FDS | HEALTH CAR ETF | 92204A504 |  | 906375 | 3654 | SH |  | SOLE |  | 0 | 0 | 3654 |
| VANGUARD WORLD FDS | INF TECH ETF | 92204A702 |  | 1779076 | 5570 | SH |  | SOLE |  | 0 | 0 | 5570 |
| VANGUARD WORLD FDS | CONSUM DIS ETF | 92204A108 |  | 568397 | 2595 | SH |  | SOLE |  | 0 | 0 | 2595 |
| VANGUARD WORLD FDS | INDUSTRIAL ETF | 92204A603 |  | 869672 | 4762 | SH |  | SOLE |  | 0 | 0 | 4762 |
| VERISIGN INC | COM | 92343E102 |  | 306927 | 1494 | SH |  | SOLE |  | 0 | 0 | 1494 |
| VERITEX HLDGS INC | COM | 923451108 |  | 373464 | 13300 | SH |  | SOLE |  | 0 | 0 | 13300 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 26029538 | 660648 | SH |  | SOLE |  | 6 | 0 | 660642 |
| VISA INC | COM CL A | 92826C839 |  | 26528265 | 127687 | SH |  | SOLE |  | 0 | 0 | 127687 |
| WALMART INC | COM | 931142103 |  | 3170027 | 22357 | SH |  | SOLE |  | 0 | 0 | 22357 |
| WARNER BROS DISCOVERY INC | COM SER A | 934423104 |  | 144367 | 15229 | SH |  | SOLE |  | 0 | 0 | 15229 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 25631140 | 163381 | SH |  | SOLE |  | 0 | 0 | 163381 |
| WATSCO INC | COM | 942622200 |  | 24245437 | 97215 | SH |  | SOLE |  | 0 | 0 | 97215 |
| WEC ENERGY GROUP INC | COM | 92939U106 |  | 350589 | 3739 | SH |  | SOLE |  | 0 | 0 | 3739 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 284034 | 6879 | SH |  | SOLE |  | 0 | 0 | 6879 |
| WILLIAMS COS INC | COM | 969457100 |  | 63634428 | 1934177 | SH |  | SOLE |  | 0 | 0 | 1934177 |
| YUM BRANDS INC | COM | 988498101 |  | 2473609 | 19313 | SH |  | SOLE |  | 0 | 0 | 19313 |
| YUM CHINA HLDGS INC | COM | 98850P109 |  | 1010916 | 18498 | SH |  | SOLE |  | 0 | 0 | 18498 |

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