# EDGAR Filing Document

**Accession Number:** 0001730765
**File Stem:** 0001730765-23-000001
**Filing Date:** 2023-1
**Character Count:** 25704
**Document Hash:** 282b8d8e0192a53ca2dc5083180589ff
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001730765-23-000001.hdr.sgml**: 20230131

**ACCESSION NUMBER**: 0001730765-23-000001

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230131

**DATE AS OF CHANGE**: 20230131

**EFFECTIVENESS DATE**: 20230131

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Triumph Capital Management
- **CENTRAL INDEX KEY:** 0001730765
- **IRS NUMBER:** 811162554
- **STATE OF INCORPORATION:** CO
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-21297
- **FILM NUMBER:** 23571381

**BUSINESS ADDRESS:**
- **STREET 1:** 1610 WYNKOOP STREET
- **STREET 2:** SUITE 550
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80202
- **BUSINESS PHONE:** 7203995555

**MAIL ADDRESS:**
- **STREET 1:** 1610 WYNKOOP STREET
- **STREET 2:** SUITE 550
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80202

### 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:** Triumph Capital Management<br>**Address:** 1610 WYNKOOP STREET<br>SUITE 550<br>DENVER, CO 80202

**Form 13F File Number:** 028-21297

**CRD Number (if applicable):** 000282814

**SEC File Number (if applicable):** 801-107312

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:** Christopher Nani<br>**Title:** Compliance Officer<br>**Phone:** 720-598-9252

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

Christopher Nani  Denver, CO  01-31-2023<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:** 207

**Form 13F Information Table Value Total:** $186745510

      (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 | COM | 88579Y101 |  | 1092547 | 9111 | SH |  | SOLE | 0 | 0 | 0 | 9111 |
| ACCENTURE PLC IRELAND SHS CLASS A | COM | G1151C101 |  | 275204 | 1031 | SH |  | SOLE | 0 | 0 | 0 | 1031 |
| ADOBE SYSTEMS INCORPORATED COM | COM | 00724F101 |  | 277637 | 825 | SH |  | SOLE | 0 | 0 | 0 | 825 |
| AIR TRANSPORT SERVICES GRP INC COM | COM | 00922R105 |  | 631314 | 24300 | SH |  | SOLE | 0 | 0 | 0 | 24300 |
| ALGONQUIN PWR UTILS CORP COM | COM | 015857105 |  | 272875 | 41852 | SH |  | SOLE | 0 | 0 | 0 | 41852 |
| ALLY FINL INC COM | COM | 02005N100 |  | 572065 | 23397 | SH |  | SOLE | 0 | 0 | 0 | 23397 |
| ALPHABET INC CAP STK CL A | COM | 02079K305 |  | 700546 | 7940 | SH |  | SOLE | 0 | 0 | 0 | 7940 |
| ALPS O'SHARES US SMALL-CAP QUALITY DIVIDEND ETF | ETF | 67110P100 |  | 213187 | 6325 | SH |  | SOLE | 0 | 0 | 0 | 6325 |
| ALPS SECTOR DIVIDEND DOGS ETF | ETF | 00162Q858 |  | 644440 | 12528 | SH |  | SOLE | 0 | 0 | 0 | 12528 |
| AMAZON COM INC COM | COM | 023135106 |  | 841512 | 10018 | SH |  | SOLE | 0 | 0 | 0 | 10018 |
| AMCOR PLC ORD | COM | G0250X107 |  | 175205 | 14711 | SH |  | SOLE | 0 | 0 | 0 | 14711 |
| AON PLC SHS CL A | COM | G0403H108 |  | 1935603 | 6449 | SH |  | SOLE | 0 | 0 | 0 | 6449 |
| APOLLO COML REAL EST FIN INC COM | COM | 03762U105 |  | 319873 | 29728 | SH |  | SOLE | 0 | 0 | 0 | 29728 |
| APPLE INC COM | COM | 037833100 |  | 1560487 | 12010 | SH |  | SOLE | 0 | 0 | 0 | 12010 |
| ARES COML REAL ESTATE CORP COM | COM | 04013V108 |  | 341001 | 33139 | SH |  | SOLE | 0 | 0 | 0 | 33139 |
| ARK INNOVATION ETF | ETF | 00214Q104 |  | 224428 | 7184 | SH |  | SOLE | 0 | 0 | 0 | 7184 |
| AT INC COM | COM | 00206R102 |  | 491496 | 26697 | SH |  | SOLE | 0 | 0 | 0 | 26697 |
| B  G FOODS INC NEW COM | COM | 05508R106 |  | 1112236 | 99752 | SH |  | SOLE | 0 | 0 | 0 | 99752 |
| BANCO BRADESCO S A SP ADR PFD NEW | ADR | 059460303 |  | 144789 | 50274 | SH |  | SOLE | 0 | 0 | 0 | 50274 |
| BANCO SANTANDER BRASIL S A ADS REP 1 UNIT | ADR | 05967A107 |  | 313299 | 58126 | SH |  | SOLE | 0 | 0 | 0 | 58126 |
| BANK AMERICA CORP COM | COM | 060505104 |  | 480926 | 14521 | SH |  | SOLE | 0 | 0 | 0 | 14521 |
| BERKSHIRE HATHAWAY INC DEL CL B NEW | COM | 084670702 |  | 2406949 | 7792 | SH |  | SOLE | 0 | 0 | 0 | 7792 |
| BLACKSTONE INC COM | COM | 09260D107 |  | 683181 | 9209 | SH |  | SOLE | 0 | 0 | 0 | 9209 |
| BROOKFIELD RENEWABLE PARTNERS PARTNERSHIP UNIT | COM | G16258108 |  | 632664 | 24967 | SH |  | SOLE | 0 | 0 | 0 | 24967 |
| CANADIAN IMPERIAL BK COMM TORO COM | COM | 136069101 |  | 237361 | 5868 | SH |  | SOLE | 0 | 0 | 0 | 5868 |
| CIA ENERGETICA DE MINAS GERAIS SP ADR N-V PFD | ADR | 204409601 |  | 33481 | 16493 | SH |  | SOLE | 0 | 0 | 0 | 16493 |
| CION INVT CORP COM | COM | 17259U204 |  | 422536 | 43337 | SH |  | SOLE | 0 | 0 | 0 | 43337 |
| CITIGROUP INC COM NEW | COM | 172967424 |  | 308668 | 6824 | SH |  | SOLE | 0 | 0 | 0 | 6824 |
| CLEVELAND-CLIFFS INC NEW COM | COM | 185899101 |  | 483300 | 30000 | SH |  | SOLE | 0 | 0 | 0 | 30000 |
| COMMUNICATION SERVICES SELECT SECTOR SPDR FUND | ETF | 81369Y852 |  | 365483 | 7616 | SH |  | SOLE | 0 | 0 | 0 | 7616 |
| CONAGRA BRANDS INC COM | COM | 205887102 |  | 260498 | 6731 | SH |  | SOLE | 0 | 0 | 0 | 6731 |
| CONSUMER DISCRETIONARY SELECT SECTOR SPDR FUND | ETF | 81369Y407 |  | 863231 | 6683 | SH |  | SOLE | 0 | 0 | 0 | 6683 |
| DATADOG INC CL A COM | COM | 23804L103 |  | 356622 | 4852 | SH |  | SOLE | 0 | 0 | 0 | 4852 |
| DAVITA INC COM | COM | 23918K108 |  | 237152 | 3176 | SH |  | SOLE | 0 | 0 | 0 | 3176 |
| DELTA AIR LINES INC DEL COM NEW | COM | 247361702 |  | 509330 | 15500 | SH |  | SOLE | 0 | 0 | 0 | 15500 |
| DISNEY WALT CO COM | COM | 254687106 |  | 347520 | 4000 | SH |  | SOLE | 0 | 0 | 0 | 4000 |
| DOW INC COM | COM | 260557103 |  | 337613 | 6700 | SH |  | SOLE | 0 | 0 | 0 | 6700 |
| EDISON INTL COM | COM | 281020107 |  | 590495 | 9282 | SH |  | SOLE | 0 | 0 | 0 | 9282 |
| ENERGY SELECT SECTOR SPDR FUND | ETF | 81369Y506 |  | 807569 | 9233 | SH |  | SOLE | 0 | 0 | 0 | 9233 |
| EXTRA SPACE STORAGE INC COM | COM | 30225T102 |  | 206815 | 1405 | SH |  | SOLE | 0 | 0 | 0 | 1405 |
| EXXON MOBIL CORP COM | COM | 30231G102 |  | 208888 | 1894 | SH |  | SOLE | 0 | 0 | 0 | 1894 |
| FIDELITY DIVIDEND ETF FOR RISING RATES | ETF | 316092832 |  | 303296 | 7611 | SH |  | SOLE | 0 | 0 | 0 | 7611 |
| FINANCIAL SELECT SECTOR SPDR FUND | ETF | 81369Y605 |  | 275708 | 8062 | SH |  | SOLE | 0 | 0 | 0 | 8062 |
| FIRST TRUST CAPITAL STRENGTH ETF | ETF | 33733E104 |  | 3266446 | 43582 | SH |  | SOLE | 0 | 0 | 0 | 43582 |
| FIRST TRUST CLOUD COMPUTING ETF | ETF | 33734X192 |  | 3198796 | 55525 | SH |  | SOLE | 0 | 0 | 0 | 55525 |
| FIRST TRUST DOW JONES GLOBAL SELECT DIVIDEND INDEX FUND | ETF | 33734X200 |  | 1242136 | 56512 | SH |  | SOLE | 0 | 0 | 0 | 56512 |
| FIRST TRUST ENHANCED SHORT MATURITY ETF | ETF | 33739Q408 |  | 6002629 | 100986 | SH |  | SOLE | 0 | 0 | 0 | 100986 |
| FIRST TRUST NASDAQ CYBERSECURITY ETF | ETF | 33734X846 |  | 3004983 | 77628 | SH |  | SOLE | 0 | 0 | 0 | 77628 |
| FIRST TRUST PREFERRED SECURITIES  INCOME ETF | ETF | 33739E108 |  | 5498869 | 327314 | SH |  | SOLE | 0 | 0 | 0 | 327314 |
| FIRST TRUST SENIOR LOAN FUND | ETF | 33738D309 |  | 214354 | 4807 | SH |  | SOLE | 0 | 0 | 0 | 4807 |
| FIRST TRUST TCW OPPORTUNISTIC FIXED INCOME ETF | ETF | 33740F805 |  | 783955 | 17850 | SH |  | SOLE | 0 | 0 | 0 | 17850 |
| FIRST TRUST VALUE LINE DIVIDEND INDEX FUND | ETF | 33734H106 |  | 2471810 | 61935 | SH |  | SOLE | 0 | 0 | 0 | 61935 |
| FOLIOBEYOND RISING RATES ETF | ETF | 886364637 |  | 233134 | 7380 | SH |  | SOLE | 0 | 0 | 0 | 7380 |
| FORD MTR CO DEL COM | COM | 345370860 |  | 909181 | 78175 | SH |  | SOLE | 0 | 0 | 0 | 78175 |
| FRANKLIN BSP RLTY TR INC COMMON STOCK | COM | 35243J101 |  | 267907 | 20768 | SH |  | SOLE | 0 | 0 | 0 | 20768 |
| FT CBOE VEST BUFFERED ALLOCATION DEFENSIVE ETF | ETF | 33740U760 |  | 268669 | 14562 | SH |  | SOLE | 0 | 0 | 0 | 14562 |
| FT CBOE VEST FUND OF DEEP BUFFER ETF | ETF | 33740U703 |  | 296565 | 15077 | SH |  | SOLE | 0 | 0 | 0 | 15077 |
| FT CBOE VEST U.S. EQUITY DEEP BUFFER ETF - JANUARY | ETF | 33740F631 |  | 1534094 | 50505 | SH |  | SOLE | 0 | 0 | 0 | 50505 |
| FT CBOE VEST U.S. EQUITY DEEP BUFFER ETF - MARCH | ETF | 33740F615 |  | 277774 | 9210 | SH |  | SOLE | 0 | 0 | 0 | 9210 |
| GILEAD SCIENCES INC COM | COM | 375558103 |  | 211019 | 2458 | SH |  | SOLE | 0 | 0 | 0 | 2458 |
| GLOBAL E ONLINE LTD SHS | COM | M5216V106 |  | 267866 | 12978 | SH |  | SOLE | 0 | 0 | 0 | 12978 |
| GLOBAL X ALTERNATIVE INCOME ETF | ETF | 37954Y806 |  | 713855 | 64839 | SH |  | SOLE | 0 | 0 | 0 | 64839 |
| GLOBAL X CLOUD COMPUTING ETF | ETF | 37954Y442 |  | 275716 | 17200 | SH |  | SOLE | 0 | 0 | 0 | 17200 |
| GLOBAL X LITHIUM  BATTERY TECH ETF | ETF | 37954Y855 |  | 227524 | 3882 | SH |  | SOLE | 0 | 0 | 0 | 3882 |
| GLOBAL X MSCI CHINA CONSUMER DISCRETIONARY ETF | ETF | 37950E408 |  | 299988 | 14873 | SH |  | SOLE | 0 | 0 | 0 | 14873 |
| GLOBAL X ROBOTICS  ARTIFICIAL INTELLIGENCE ETF | ETF | 37954Y715 |  | 205500 | 10000 | SH |  | SOLE | 0 | 0 | 0 | 10000 |
| GLOBAL X SUPERDIVIDEND ETF | ETF | 37950E549 |  | 544063 | 22641 | SH |  | SOLE | 0 | 0 | 0 | 22641 |
| GLOBAL X SUPERDIVIDEND US ETF | ETF | 37950E291 |  | 913648 | 48624 | SH |  | SOLE | 0 | 0 | 0 | 48624 |
| GLOBAL X U.S. INFRASTRUCTURE DEVELOPMENT ETF | ETF | 37954Y673 |  | 302092 | 11404 | SH |  | SOLE | 0 | 0 | 0 | 11404 |
| GLOBAL X U.S. PREFERRED ETF | ETF | 37954Y657 |  | 609599 | 31471 | SH |  | SOLE | 0 | 0 | 0 | 31471 |
| GOLDMAN SACHS ACCESS TREASURY 0-1 YEAR ETF | ETF | 381430529 |  | 8680401 | 86787 | SH |  | SOLE | 0 | 0 | 0 | 86787 |
| GOODYEAR TIRE  RUBR CO COM | COM | 382550101 |  | 434775 | 42835 | SH |  | SOLE | 0 | 0 | 0 | 42835 |
| GSK PLC SPONSORED ADR | ADR | 37733W204 |  | 413432 | 11765 | SH |  | SOLE | 0 | 0 | 0 | 11765 |
| HASBRO INC COM | COM | 418056107 |  | 394387 | 6464 | SH |  | SOLE | 0 | 0 | 0 | 6464 |
| HAWAIIAN HOLDINGS INC COM | COM | 419879101 |  | 341145 | 33250 | SH |  | SOLE | 0 | 0 | 0 | 33250 |
| HEALTH CARE SELECT SECTOR SPDR FUND | ETF | 81369Y209 |  | 238726 | 1757 | SH |  | SOLE | 0 | 0 | 0 | 1757 |
| HOME DEPOT INC COM | COM | 437076102 |  | 379348 | 1201 | SH |  | SOLE | 0 | 0 | 0 | 1201 |
| HUMANIGEN INC COM NEW | COM | 444863203 |  | 6840 | 57000 | SH |  | SOLE | 0 | 0 | 0 | 57000 |
| ICAHN ENTERPRISES LP DEPOSITARY UNIT | COM | 451100101 |  | 282678 | 5581 | SH |  | SOLE | 0 | 0 | 0 | 5581 |
| INDEPENDENCE RLTY TR INC COM | COM | 45378A106 |  | 446385 | 26476 | SH |  | SOLE | 0 | 0 | 0 | 26476 |
| INFRACAP MLP ETF | ETF | 26923G772 |  | 270628 | 8559 | SH |  | SOLE | 0 | 0 | 0 | 8559 |
| INNOVATOR U.S. EQUITY ULTRA BUFFER ETF - JANUARY | ETF | 45782C300 |  | 1147400 | 38620 | SH |  | SOLE | 0 | 0 | 0 | 38620 |
| INNOVATOR U.S. EQUITY ULTRA BUFFER ETF - MAY | ETF | 45782C292 |  | 337353 | 12908 | SH |  | SOLE | 0 | 0 | 0 | 12908 |
| INTEL CORP COM | COM | 458140100 |  | 579345 | 21920 | SH |  | SOLE | 0 | 0 | 0 | 21920 |
| INVESCO QQQ TRUST | ETF | 46090E103 |  | 7050851 | 26479 | SH |  | SOLE | 0 | 0 | 0 | 26479 |
| INVESCO S 500 EQUAL WEIGHT ETF | ETF | 46137V357 |  | 400665 | 2837 | SH |  | SOLE | 0 | 0 | 0 | 2837 |
| ISHARES 0-3 MONTH TREASURY BOND ETF | ETF | 46436E718 |  | 312437 | 3120 | SH |  | SOLE | 0 | 0 | 0 | 3120 |
| ISHARES 0-5 YEAR HIGH YIELD CORPORATE BOND ETF | ETF | 46434V407 |  | 204100 | 4991 | SH |  | SOLE | 0 | 0 | 0 | 4991 |
| ISHARES 0-5 YEAR TIPS BOND ETF | ETF | 46429B747 |  | 380739 | 3927 | SH |  | SOLE | 0 | 0 | 0 | 3927 |
| ISHARES 1-3 YEAR TREASURY BOND ETF | ETF | 464287457 |  | 217851 | 2684 | SH |  | SOLE | 0 | 0 | 0 | 2684 |
| ISHARES BIOTECHNOLOGY ETF | ETF | 464287556 |  | 699776 | 5330 | SH |  | SOLE | 0 | 0 | 0 | 5330 |
| ISHARES BROAD USD HIGH YIELD CORPORATE BOND ETF | ETF | 46435U853 |  | 198710 | 5755 | SH |  | SOLE | 0 | 0 | 0 | 5755 |
| ISHARES BROAD USD INVESTMENT GRADE CORPORATE BOND ETF | ETF | 464288620 |  | 478675 | 9747 | SH |  | SOLE | 0 | 0 | 0 | 9747 |
| ISHARES CORE S 500 ETF | ETF | 464287200 |  | 823490 | 2143 | SH |  | SOLE | 0 | 0 | 0 | 2143 |
| ISHARES CORE U.S. AGGREGATE BOND ETF | ETF | 464287226 |  | 217667 | 2244 | SH |  | SOLE | 0 | 0 | 0 | 2244 |
| ISHARES CYBERSECURITY  TECH ETF | ETF | 46435U135 |  | 451284 | 13667 | SH |  | SOLE | 0 | 0 | 0 | 13667 |
| ISHARES GLOBAL CONSUMER STAPLES ETF | ETF | 464288737 |  | 407865 | 6839 | SH |  | SOLE | 0 | 0 | 0 | 6839 |
| ISHARES LATIN AMERICA 40 ETF | ETF | 464287390 |  | 651210 | 28450 | SH |  | SOLE | 0 | 0 | 0 | 28450 |
| ISHARES MSCI BRAZIL ETF | ETF | 464286400 |  | 601445 | 21503 | SH |  | SOLE | 0 | 0 | 0 | 21503 |
| ISHARES MSCI INTL QUALITY FACTOR ETF | ETF | 46434V456 |  | 721228 | 22267 | SH |  | SOLE | 0 | 0 | 0 | 22267 |
| ISHARES MSCI MEXICO ETF | ETF | 464286822 |  | 209371 | 4234 | SH |  | SOLE | 0 | 0 | 0 | 4234 |
| ISHARES MSCI USA QUALITY FACTOR ETF | ETF | 46432F339 |  | 1381309 | 12121 | SH |  | SOLE | 0 | 0 | 0 | 12121 |
| ISHARES PREFERRED  INCOME SECURITIES ETF | ETF | 464288687 |  | 547420 | 17931 | SH |  | SOLE | 0 | 0 | 0 | 17931 |
| ISHARES RUSSELL 2000 ETF | ETF | 464287655 |  | 4096244 | 23493 | SH |  | SOLE | 0 | 0 | 0 | 23493 |
| ISHARES RUSSELL 2000 GROWTH ETF | ETF | 464287648 |  | 276769 | 1290 | SH |  | SOLE | 0 | 0 | 0 | 1290 |
| ISHARES S GSCI COMMODITY INDEXED TRUST | ETF | 46428R107 |  | 491835 | 23167 | SH |  | SOLE | 0 | 0 | 0 | 23167 |
| ISHARES SHORT TREASURY BOND ETF | ETF | 464288679 |  | 4570254 | 41578 | SH |  | SOLE | 0 | 0 | 0 | 41578 |
| ISHARES U.S. ETF TRUST ISHARES GSCI COMMODITY DYNAMIC ROLL STRATEGY ETF | ETF | 46431W853 |  | 317951 | 11279 | SH |  | SOLE | 0 | 0 | 0 | 11279 |
| JACKSON FINANCIAL INC COM CL A | COM | 46817M107 |  | 739176 | 21247 | SH |  | SOLE | 0 | 0 | 0 | 21247 |
| JANUS HENDERSON GROUP PLC ORD SHS | COM | G4474Y214 |  | 248686 | 10573 | SH |  | SOLE | 0 | 0 | 0 | 10573 |
| JOHNSON  JOHNSON COM | COM | 478160104 |  | 375773 | 2127 | SH |  | SOLE | 0 | 0 | 0 | 2127 |
| JPMORGAN CHASE  CO COM | COM | 46625H100 |  | 584006 | 4355 | SH |  | SOLE | 0 | 0 | 0 | 4355 |
| JPMORGAN ULTRA-SHORT INCOME ETF | ETF | 46641Q837 |  | 6397975 | 127270 | SH |  | SOLE | 0 | 0 | 0 | 127270 |
| LILLY ELI  CO COM | COM | 532457108 |  | 320476 | 876 | SH |  | SOLE | 0 | 0 | 0 | 876 |
| LOCKHEED MARTIN CORP COM | COM | 539830109 |  | 248943 | 512 | SH |  | SOLE | 0 | 0 | 0 | 512 |
| LUMEN TECHNOLOGIES INC COM | COM | 550241103 |  | 562539 | 107766 | SH |  | SOLE | 0 | 0 | 0 | 107766 |
| MATTEL INC COM | COM | 577081102 |  | 450032 | 25226 | SH |  | SOLE | 0 | 0 | 0 | 25226 |
| MEDICAL PPTYS TRUST INC COM | COM | 58463J304 |  | 176179 | 15815 | SH |  | SOLE | 0 | 0 | 0 | 15815 |
| MERCADOLIBRE INC COM | COM | 58733R102 |  | 506052 | 598 | SH |  | SOLE | 0 | 0 | 0 | 598 |
| META PLATFORMS INC CL A | COM | 30303M102 |  | 577873 | 4802 | SH |  | SOLE | 0 | 0 | 0 | 4802 |
| MICRON TECHNOLOGY INC COM | COM | 595112103 |  | 206367 | 4129 | SH |  | SOLE | 0 | 0 | 0 | 4129 |
| MICROSOFT CORP COM | COM | 594918104 |  | 2864993 | 11946 | SH |  | SOLE | 0 | 0 | 0 | 11946 |
| MULLEN AUTOMOTIVE INC COM | COM | 62526P109 |  | 12870 | 45000 | SH |  | SOLE | 0 | 0 | 0 | 45000 |
| NETFLIX INC COM | COM | 64110L106 |  | 298713 | 1013 | SH |  | SOLE | 0 | 0 | 0 | 1013 |
| NEW YORK CMNTY BANCORP INC COM | COM | 649445103 |  | 192877 | 22428 | SH |  | SOLE | 0 | 0 | 0 | 22428 |
| NEWELL BRANDS INC COM | COM | 651229106 |  | 1365405 | 104389 | SH |  | SOLE | 0 | 0 | 0 | 104389 |
| NEXTERA ENERGY INC COM | COM | 65339F101 |  | 243025 | 2907 | SH |  | SOLE | 0 | 0 | 0 | 2907 |
| NIKE INC CL B | COM | 654106103 |  | 275265 | 2352 | SH |  | SOLE | 0 | 0 | 0 | 2352 |
| NORWEGIAN CRUISE LINE HLDG LTD SHS | COM | G66721104 |  | 522220 | 42665 | SH |  | SOLE | 0 | 0 | 0 | 42665 |
| NU HLDGS LTD ORD SHS CL A | COM | G6683N103 |  | 812551 | 199644 | SH |  | SOLE | 0 | 0 | 0 | 199644 |
| NVIDIA CORPORATION COM | COM | 67066G104 |  | 758028 | 5187 | SH |  | SOLE | 0 | 0 | 0 | 5187 |
| OKTA INC CL A | COM | 679295105 |  | 625493 | 9154 | SH |  | SOLE | 0 | 0 | 0 | 9154 |
| PACER LUNT LARGE CAP ALTERNATOR ETF | ETF | 69374H717 |  | 1197584 | 29599 | SH |  | SOLE | 0 | 0 | 0 | 29599 |
| PACER LUNT LARGE CAP MULTI-FACTOR ALTERNATOR ETF | ETF | 69374H816 |  | 356382 | 10136 | SH |  | SOLE | 0 | 0 | 0 | 10136 |
| PACER LUNT MIDCAP MULTI-FACTOR ALTERNATOR ETF | ETF | 69374H725 |  | 353999 | 11289 | SH |  | SOLE | 0 | 0 | 0 | 11289 |
| PACER US CASH COWS 100 ETF | ETF | 69374H881 |  | 1591509 | 34411 | SH |  | SOLE | 0 | 0 | 0 | 34411 |
| PALANTIR TECHNOLOGIES INC CL A | COM | 69608A108 |  | 207963 | 32393 | SH |  | SOLE | 0 | 0 | 0 | 32393 |
| PALO ALTO NETWORKS INC COM | COM | 697435105 |  | 652210 | 4674 | SH |  | SOLE | 0 | 0 | 0 | 4674 |
| PARAMOUNT GLOBAL CLASS B COM | COM | 92556H206 |  | 316186 | 18458 | SH |  | SOLE | 0 | 0 | 0 | 18458 |
| PAYPAL HLDGS INC COM | COM | 70450Y103 |  | 493555 | 6930 | SH |  | SOLE | 0 | 0 | 0 | 6930 |
| PFIZER INC COM | COM | 717081103 |  | 1076453 | 21008 | SH |  | SOLE | 0 | 0 | 0 | 21008 |
| PHILLIPS EDISON  CO INC COMMON STOCK | COM | 71844V201 |  | 350787 | 10985 | SH |  | SOLE | 0 | 0 | 0 | 10985 |
| PIMCO INVESTMENT GRADE CORPORATE BOND INDEX ETF | ETF | 72201R817 |  | 512766 | 5494 | SH |  | SOLE | 0 | 0 | 0 | 5494 |
| PIONEER NAT RES CO COM | COM | 723787107 |  | 352634 | 1544 | SH |  | SOLE | 0 | 0 | 0 | 1544 |
| PRICE T ROWE GROUP INC COM | COM | 74144T108 |  | 205822 | 1887 | SH |  | SOLE | 0 | 0 | 0 | 1887 |
| PROCTER AND GAMBLE CO COM | COM | 742718109 |  | 1523330 | 10051 | SH |  | SOLE | 0 | 0 | 0 | 10051 |
| PROGYNY INC COM | COM | 74340E103 |  | 465381 | 14940 | SH |  | SOLE | 0 | 0 | 0 | 14940 |
| PROSHARES S 500 DIVIDEND ARISTOCRATS ETF | ETF | 74348A467 |  | 775331 | 8616 | SH |  | SOLE | 0 | 0 | 0 | 8616 |
| QUALCOMM INC COM | COM | 747525103 |  | 275400 | 2505 | SH |  | SOLE | 0 | 0 | 0 | 2505 |
| REDWOOD TR INC COM | COM | 758075402 |  | 105882 | 15663 | SH |  | SOLE | 0 | 0 | 0 | 15663 |
| SAFETY INS GROUP INC COM | COM | 78648T100 |  | 490043 | 5816 | SH |  | SOLE | 0 | 0 | 0 | 5816 |
| SCHWAB SHORT-TERM US TREASURY ETF | ETF | 808524862 |  | 218681 | 4533 | SH |  | SOLE | 0 | 0 | 0 | 4533 |
| SEAGEN INC COM | COM | 81181C104 |  | 853563 | 6642 | SH |  | SOLE | 0 | 0 | 0 | 6642 |
| SENTINELONE INC CL A | COM | 81730H109 |  | 451984 | 30979 | SH |  | SOLE | 0 | 0 | 0 | 30979 |
| SFL CORPORATION LTD SHS | COM | G7738W106 |  | 211664 | 22925 | SH |  | SOLE | 0 | 0 | 0 | 22925 |
| SHOPIFY INC CL A | COM | 82509L107 |  | 465426 | 13409 | SH |  | SOLE | 0 | 0 | 0 | 13409 |
| SIMON PPTY GROUP INC NEW COM | COM | 828806109 |  | 459399 | 3910 | SH |  | SOLE | 0 | 0 | 0 | 3910 |
| SNOWFLAKE INC CL A | COM | 833445109 |  | 1019708 | 7104 | SH |  | SOLE | 0 | 0 | 0 | 7104 |
| SOCIEDAD QUIMICA Y MINERA DE SPON ADR SER B | ADR | 833635105 |  | 281126 | 3521 | SH |  | SOLE | 0 | 0 | 0 | 3521 |
| SOFI TECHNOLOGIES INC COM | COM | 83406F102 |  | 1442667 | 312943 | SH |  | SOLE | 0 | 0 | 0 | 312943 |
| SPDR BLACKSTONE SENIOR LOAN ETF | ETF | 78467V608 |  | 241376 | 5902 | SH |  | SOLE | 0 | 0 | 0 | 5902 |
| SPDR BLOOMBERG 1-3 MONTH T-BILL ETF | ETF | 78468R663 |  | 8693339 | 95040 | SH |  | SOLE | 0 | 0 | 0 | 95040 |
| SPDR DOUBLELINE TOTAL RETURN TACTICAL ETF | ETF | 78467V848 |  | 427307 | 10672 | SH |  | SOLE | 0 | 0 | 0 | 10672 |
| SPDR DOW JONES INDUSTRIAL AVERAGE ETF TRUST | ETF | 78467X109 |  | 2435721 | 7351 | SH |  | SOLE | 0 | 0 | 0 | 7351 |
| SPDR PORTFOLIO DEVELOPED WORLD EX-US ETF | ETF | 78463X889 |  | 728444 | 24535 | SH |  | SOLE | 0 | 0 | 0 | 24535 |
| SPDR PORTFOLIO EMERGING MARKETS ETF | ETF | 78463X509 |  | 574328 | 17425 | SH |  | SOLE | 0 | 0 | 0 | 17425 |
| SPDR PORTFOLIO S 1500 COMPOSITE STOCK MARKET ETF | ETF | 78464A805 |  | 1344597 | 28433 | SH |  | SOLE | 0 | 0 | 0 | 28433 |
| SPDR S 500 ETF TRUST | ETF | 78462F103 |  | 10810225 | 28267 | SH |  | SOLE | 0 | 0 | 0 | 28267 |
| SPDR S 600 SMALL CAP ETF | ETF | 78464A813 |  | 460855 | 5606 | SH |  | SOLE | 0 | 0 | 0 | 5606 |
| SPDR S METALS  MINING ETF | ETF | 78464A755 |  | 349218 | 7011 | SH |  | SOLE | 0 | 0 | 0 | 7011 |
| SPDR S MIDCAP 400 ETF TRUST | ETF | 78467Y107 |  | 442384 | 999 | SH |  | SOLE | 0 | 0 | 0 | 999 |
| STONECO LTD COM CL A | COM | G85158106 |  | 159215 | 16866 | SH |  | SOLE | 0 | 0 | 0 | 16866 |
| SVB FINANCIAL GROUP COM | COM | 78486Q101 |  | 811934 | 3528 | SH |  | SOLE | 0 | 0 | 0 | 3528 |
| SWEETGREEN INC COM CL A | COM | 87043Q108 |  | 290043 | 33844 | SH |  | SOLE | 0 | 0 | 0 | 33844 |
| TELEFONICA BRASIL SA NEW ADR | ADR | 87936R205 |  | 146825 | 20535 | SH |  | SOLE | 0 | 0 | 0 | 20535 |
| TESLA INC COM | COM | 88160R101 |  | 734399 | 5962 | SH |  | SOLE | 0 | 0 | 0 | 5962 |
| THERMO FISHER SCIENTIFIC INC COM | COM | 883556102 |  | 871768 | 1583 | SH |  | SOLE | 0 | 0 | 0 | 1583 |
| TRANSCODE THERAPEUTICS INC COM | COM | 89357L105 |  | 6730 | 10000 | SH |  | SOLE | 0 | 0 | 0 | 10000 |
| TWILIO INC CL A | COM | 90138F102 |  | 527642 | 10777 | SH |  | SOLE | 0 | 0 | 0 | 10777 |
| TWO HBRS INVT CORP COM | COM | 90187B804 |  | 395370 | 25071 | SH |  | SOLE | 0 | 0 | 0 | 25071 |
| UBER TECHNOLOGIES INC COM | COM | 90353T100 |  | 548215 | 22168 | SH |  | SOLE | 0 | 0 | 0 | 22168 |
| UNDER ARMOUR INC CL A | COM | 904311107 |  | 115103 | 11329 | SH |  | SOLE | 0 | 0 | 0 | 11329 |
| UNITEDHEALTH GROUP INC COM | COM | 91324P102 |  | 326759 | 616 | SH |  | SOLE | 0 | 0 | 0 | 616 |
| UPSTART HLDGS INC COM | COM | 91680M107 |  | 366591 | 27730 | SH |  | SOLE | 0 | 0 | 0 | 27730 |
| UTILITIES SELECT SECTOR SPDR FUND | ETF | 81369Y886 |  | 1921822 | 27260 | SH |  | SOLE | 0 | 0 | 0 | 27260 |
| VALE S A SPONSORED ADS | ADR | 91912E105 |  | 572517 | 33737 | SH |  | SOLE | 0 | 0 | 0 | 33737 |
| VANECK MORNINGSTAR WIDE MOAT ETF | ETF | 92189F643 |  | 475809 | 7330 | SH |  | SOLE | 0 | 0 | 0 | 7330 |
| VANECK SEMICONDUCTOR ETF | ETF | 92189F676 |  | 3138066 | 15463 | SH |  | SOLE | 0 | 0 | 0 | 15463 |
| VANGUARD DIVIDEND APPRECIATION ETF | ETF | 921908844 |  | 312963 | 2061 | SH |  | SOLE | 0 | 0 | 0 | 2061 |
| VANGUARD GROWTH ETF | ETF | 922908736 |  | 434244 | 2038 | SH |  | SOLE | 0 | 0 | 0 | 2038 |
| VANGUARD HIGH DIVIDEND YIELD INDEX ETF | ETF | 921946406 |  | 620909 | 5738 | SH |  | SOLE | 0 | 0 | 0 | 5738 |
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND ETF | ETF | 92206C870 |  | 3621532 | 46723 | SH |  | SOLE | 0 | 0 | 0 | 46723 |
| VANGUARD MID-CAP ETF | ETF | 922908629 |  | 332690 | 1632 | SH |  | SOLE | 0 | 0 | 0 | 1632 |
| VANGUARD S 500 ETF | ETF | 922908363 |  | 1233319 | 3510 | SH |  | SOLE | 0 | 0 | 0 | 3510 |
| VANGUARD SHORT-TERM INFLATION-PROTECTED SECURITIES ETF | ETF | 922020805 |  | 233597 | 5001 | SH |  | SOLE | 0 | 0 | 0 | 5001 |
| VANGUARD SMALL-CAP GROWTH ETF | ETF | 922908595 |  | 254921 | 1271 | SH |  | SOLE | 0 | 0 | 0 | 1271 |
| VANGUARD TOTAL BOND MARKET ETF | ETF | 921937835 |  | 4633449 | 64497 | SH |  | SOLE | 0 | 0 | 0 | 64497 |
| VANGUARD TOTAL INTERNATIONAL BOND ETF | ETF | 92203J407 |  | 353638 | 7456 | SH |  | SOLE | 0 | 0 | 0 | 7456 |
| VERIZON COMMUNICATIONS INC COM | COM | 92343V104 |  | 969300 | 24602 | SH |  | SOLE | 0 | 0 | 0 | 24602 |
| VODAFONE GROUP PLC NEW SPONSORED ADR | ADR | 92857W308 |  | 133382 | 13180 | SH |  | SOLE | 0 | 0 | 0 | 13180 |
| VORNADO RLTY TR SH BEN INT | COM | 929042109 |  | 221785 | 10658 | SH |  | SOLE | 0 | 0 | 0 | 10658 |
| WALGREENS BOOTS ALLIANCE INC COM | COM | 931427108 |  | 308155 | 8248 | SH |  | SOLE | 0 | 0 | 0 | 8248 |
| WARNER BROS DISCOVERY INC COM SER A | COM | 934423104 |  | 161871 | 17075 | SH |  | SOLE | 0 | 0 | 0 | 17075 |
| WELLS FARGO CO NEW COM | COM | 949746101 |  | 899080 | 21775 | SH |  | SOLE | 0 | 0 | 0 | 21775 |
| WP CAREY INC COM | COM | 92936U109 |  | 566738 | 7252 | SH |  | SOLE | 0 | 0 | 0 | 7252 |
| XCEL ENERGY INC COM | COM | 98389B100 |  | 261160 | 3725 | SH |  | SOLE | 0 | 0 | 0 | 3725 |
| ZNERGY INC COM | COM | 98978P106 |  | 32 | 32000 | SH |  | SOLE | 0 | 0 | 0 | 32000 |

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