# EDGAR Filing Document

**Accession Number:** 0001803229
**File Stem:** 0001803229-25-000003
**Filing Date:** 2025-10
**Character Count:** 21749
**Document Hash:** ecdb6eee99657732eefd46bef91b39c5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001803229-25-000003.hdr.sgml**: 20251029

**ACCESSION NUMBER**: 0001803229-25-000003

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251029

**DATE AS OF CHANGE**: 20251029

**EFFECTIVENESS DATE**: 20251029

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CAPITAL ADVISORY GROUP ADVISORY SERVICES, LLC
- **CENTRAL INDEX KEY:** 0001803229

**ORGANIZATION NAME:**
- **EIN:** 452156557
- **STATE OF INCORPORATION:** MN
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-20136
- **FILM NUMBER:** 251427722

**BUSINESS ADDRESS:**
- **STREET 1:** 10000 N 31ST AVE
- **STREET 2:** STE# D216
- **CITY:** PHOENIX
- **STATE:** AZ
- **ZIP:** 85051
- **BUSINESS PHONE:** (952) 831-8243

**MAIL ADDRESS:**
- **STREET 1:** 10000 N 31ST AVE
- **STREET 2:** STE# D216
- **CITY:** PHOENIX
- **STATE:** AZ
- **ZIP:** 85051

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Capital Advisory Group Advisory Services, LLC
- **DATE OF NAME CHANGE:** 20200212

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 09-30-2025

**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:** Capital Advisory Group Advisory Services LLC<br>**Address:** 10000 N 31st Ave<br>STE# D216<br>Phoenix, AZ 85051

**Form 13F File Number:** 028-20136

**CRD Number (if applicable):** 000140551

**SEC File Number (if applicable):** 801-69464

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:** Michael Ruggieri<br>**Title:** Chief Compliance Officer<br>**Phone:** 952-831-8243

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

/s/Michael Ruggieri  Bloomington, MN  10-29-2025<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:** 180

**Form 13F Information Table Value Total:** $321165819

      (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 |
| ABBOTT LABS | COM | 002824100 |  | 567504 | 4237 | SH |  | SOLE |  | 0 | 0 | 4237 |
| ABBVIE INC | COM | 00287Y109 |  | 1209510 | 5223 | SH |  | SOLE |  | 0 | 0 | 5223 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 486988 | 3010 | SH |  | SOLE |  | 0 | 0 | 3010 |
| AFLAC INC | COM | 001055102 |  | 380227 | 3404 | SH |  | SOLE |  | 0 | 0 | 3404 |
| ALLSTATE CORP | COM | 020002101 |  | 1264932 | 5893 | SH |  | SOLE |  | 0 | 0 | 5893 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 1280586 | 5258 | SH |  | SOLE |  | 0 | 0 | 5258 |
| ALPS ETF TR | ALERIAN ENERGY | 00162Q676 |  | 1415507 | 43675 | SH |  | SOLE |  | 0 | 0 | 43675 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 2745057 | 41554 | SH |  | SOLE |  | 0 | 0 | 41554 |
| AMAZON COM INC | COM | 023135106 |  | 2406487 | 10960 | SH |  | SOLE |  | 0 | 0 | 10960 |
| AMCOR PLC | ORD | G0250X107 |  | 106798 | 13056 | SH |  | SOLE |  | 0 | 0 | 13056 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 885871 | 2667 | SH |  | SOLE |  | 0 | 0 | 2667 |
| AMGEN INC | COM | 031162100 |  | 745855 | 2643 | SH |  | SOLE |  | 0 | 0 | 2643 |
| AMPLIFY ETF TR | CWP ENHANCED DIV | 032108409 |  | 6261149 | 140479 | SH |  | SOLE |  | 0 | 0 | 140479 |
| ANALOG DEVICES INC | COM | 032654105 |  | 320147 | 1303 | SH |  | SOLE |  | 0 | 0 | 1303 |
| APPLE INC | COM | 037833100 |  | 2013882 | 7909 | SH |  | SOLE |  | 0 | 0 | 7909 |
| APPLOVIN CORP | COM CL A | 03831W108 |  | 694110 | 966 | SH |  | SOLE |  | 0 | 0 | 966 |
| ARCHER AVIATION INC | COM CL A | 03945R102 |  | 102841 | 10735 | SH |  | SOLE |  | 0 | 0 | 10735 |
| ARISTA NETWORKS INC | COM SHS | 040413205 |  | 334550 | 2296 | SH |  | SOLE |  | 0 | 0 | 2296 |
| ASML HOLDING N V | N Y REGISTRY SHS | N07059210 |  | 1358230 | 1403 | SH |  | SOLE |  | 0 | 0 | 1403 |
| AT INC | COM | 00206R102 |  | 255967 | 9064 | SH |  | SOLE |  | 0 | 0 | 9064 |
| AUTOZONE INC | COM | 053332102 |  | 900950 | 210 | SH |  | SOLE |  | 0 | 0 | 210 |
| BANK MONTREAL MEDIUM | NT LKD 38 | 06368B504 |  | 562219 | 8034 | SH |  | SOLE |  | 0 | 0 | 8034 |
| BARINGS BDC INC | COM | 06759L103 |  | 129648 | 14800 | SH |  | SOLE |  | 0 | 0 | 14800 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 4233574 | 8421 | SH |  | SOLE |  | 0 | 0 | 8421 |
| BLOCK H  R INC | COM | 093671105 |  | 505093 | 9988 | SH |  | SOLE |  | 0 | 0 | 9988 |
| BOEING CO | COM | 097023105 |  | 463537 | 2147 | SH |  | SOLE |  | 0 | 0 | 2147 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 367475 | 8148 | SH |  | SOLE |  | 0 | 0 | 8148 |
| BROADCOM INC | COM | 11135F101 |  | 783559 | 2375 | SH |  | SOLE |  | 0 | 0 | 2375 |
| CALAMOS ETF TR | S P 500 STRUCTUR | 12811T605 |  | 545371 | 19278 | SH |  | SOLE |  | 0 | 0 | 19278 |
| CARIBOU BIOSCIENCES INC | COM | 142038108 |  | 28692 | 12314 | SH |  | SOLE |  | 0 | 0 | 12314 |
| CHEVRON CORP NEW | COM | 166764100 |  | 2839902 | 18287 | SH |  | SOLE |  | 0 | 0 | 18287 |
| CISCO SYS INC | COM | 17275R102 |  | 1007279 | 14722 | SH |  | SOLE |  | 0 | 0 | 14722 |
| COCA COLA CO | COM | 191216100 |  | 1324079 | 19965 | SH |  | SOLE |  | 0 | 0 | 19965 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 267879 | 3351 | SH |  | SOLE |  | 0 | 0 | 3351 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 551675 | 596 | SH |  | SOLE |  | 0 | 0 | 596 |
| D R HORTON INC | COM | 23331A109 |  | 1477948 | 8721 | SH |  | SOLE |  | 0 | 0 | 8721 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 262951 | 4633 | SH |  | SOLE |  | 0 | 0 | 4633 |
| DIREXION SHS ETF TR | AUSPCE CMD STG | 25460E307 |  | 1794020 | 62440 | SH |  | SOLE |  | 0 | 0 | 62440 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 342033 | 2763 | SH |  | SOLE |  | 0 | 0 | 2763 |
| D-WAVE QUANTUM INC | COM | 26740W109 |  | 597315 | 24173 | SH |  | SOLE |  | 0 | 0 | 24173 |
| EA SERIES TRUST | ALTRIUS GBL DIV | 02072L656 |  | 322319 | 8740 | SH |  | SOLE |  | 0 | 0 | 8740 |
| EBAY INC. | COM | 278642103 |  | 284128 | 3124 | SH |  | SOLE |  | 0 | 0 | 3124 |
| ECOLAB INC | COM | 278865100 |  | 268931 | 982 | SH |  | SOLE |  | 0 | 0 | 982 |
| ELI LILLY  CO | COM | 532457108 |  | 2514848 | 3296 | SH |  | SOLE |  | 0 | 0 | 3296 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 744504 | 43386 | SH |  | SOLE |  | 0 | 0 | 43386 |
| ETFS GOLD TR | PHYSCL GOLD SHS | 00326A104 |  | 3473392 | 94360 | SH |  | SOLE |  | 0 | 0 | 94360 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 830066 | 7362 | SH |  | SOLE |  | 0 | 0 | 7362 |
| FAIR ISAAC CORP | COM | 303250104 |  | 722824 | 483 | SH |  | SOLE |  | 0 | 0 | 483 |
| FEDERAL AGRIC MTG CORP | CL C | 313148306 |  | 1292942 | 7697 | SH |  | SOLE |  | 0 | 0 | 7697 |
| FIDELITY COVINGTON TRUST | HIGH DIVID ETF | 316092840 |  | 1738709 | 31210 | SH |  | SOLE |  | 0 | 0 | 31210 |
| FIDELITY COVINGTON TRUST | MSCI HLTH CARE I | 316092600 |  | 1588163 | 23750 | SH |  | SOLE |  | 0 | 0 | 23750 |
| FIDUS INVT CORP | COM | 316500107 |  | 1722748 | 85032 | SH |  | SOLE |  | 0 | 0 | 85032 |
| FIRST TR EXCHANGE TRADED FD | RISNG DIVD ACHIV | 33738R506 |  | 2082840 | 30967 | SH |  | SOLE |  | 0 | 0 | 30967 |
| FIRST TR EXCHANGE-TRADED FD | NO AMER ENERGY | 33738D101 |  | 1624262 | 42420 | SH |  | SOLE |  | 0 | 0 | 42420 |
| FIRST TR EXCHANGE-TRADED FD | US EQTY OPPT ETF | 336920103 |  | 516425 | 3108 | SH |  | SOLE |  | 0 | 0 | 3108 |
| FIRST TR EXCHNG TRADED FD VI | FT VEST LADDERED | 33740F755 |  | 1437327 | 43008 | SH |  | SOLE |  | 0 | 0 | 43008 |
| FLEXSHARES TR | STOX US ESG SLCT | 33939L696 |  | 616886 | 4000 | SH |  | SOLE |  | 0 | 0 | 4000 |
| FORTINET INC | COM | 34959E109 |  | 366757 | 4362 | SH |  | SOLE |  | 0 | 0 | 4362 |
| GLOBAL SHIP LEASE INC NEW | COM CL A | Y27183600 |  | 1562139 | 50884 | SH |  | SOLE |  | 0 | 0 | 50884 |
| GOLDMAN SACHS ETF TR | NASDAQ-100 PREMI | 38149W630 |  | 211256 | 4027 | SH |  | SOLE |  | 0 | 0 | 4027 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 2239336 | 2812 | SH |  | SOLE |  | 0 | 0 | 2812 |
| GRANITESHARES GOLD TR | SHS BEN INT | 38748G101 |  | 4018070 | 105572 | SH |  | SOLE |  | 0 | 0 | 105572 |
| HERCULES CAPITAL INC | COM | 427096508 |  | 1748910 | 92486 | SH |  | SOLE |  | 0 | 0 | 92486 |
| HOME DEPOT INC | COM | 437076102 |  | 559973 | 1382 | SH |  | SOLE |  | 0 | 0 | 1382 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 2846414 | 10087 | SH |  | SOLE |  | 0 | 0 | 10087 |
| INVESCO EXCHANGE TRADED FD T | DIVID ACHIEVEV | 46137V506 |  | 2721118 | 53626 | SH |  | SOLE |  | 0 | 0 | 53626 |
| INVESCO EXCHANGE TRADED FD T | HIG YLD EQ DIV | 46137V563 |  | 3558178 | 168899 | SH |  | SOLE |  | 0 | 0 | 168899 |
| INVESCO EXCHANGE TRADED FD T | S 500 GARP ETF | 46137V431 |  | 390626 | 3438 | SH |  | SOLE |  | 0 | 0 | 3438 |
| INVESCO EXCHANGE TRADED FD T | S MDCP MOMNTUM | 46137V464 |  | 595282 | 4402 | SH |  | SOLE |  | 0 | 0 | 4402 |
| INVESCO EXCHANGE TRADED FD T | S QUALITY | 46137V241 |  | 3403258 | 46435 | SH |  | SOLE |  | 0 | 0 | 46435 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 19454990 | 32405 | SH |  | SOLE |  | 0 | 0 | 32405 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 |  | 2462318 | 33837 | SH |  | SOLE |  | 0 | 0 | 33837 |
| ISHARES TR | 1 3 YR TREAS BD | 464287457 |  | 2351418 | 28344 | SH |  | SOLE |  | 0 | 0 | 28344 |
| ISHARES TR | CORE DIV GRWTH | 46434V621 |  | 511145 | 7508 | SH |  | SOLE |  | 0 | 0 | 7508 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 4756279 | 72882 | SH |  | SOLE |  | 0 | 0 | 72882 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 3026949 | 30194 | SH |  | SOLE |  | 0 | 0 | 30194 |
| ISHARES TR | FLTG RATE NT ETF | 46429B655 |  | 8994843 | 176076 | SH |  | SOLE |  | 0 | 0 | 176076 |
| ISHARES TR | HDG MSCI EAFE | 46434V803 |  | 362313 | 9147 | SH |  | SOLE |  | 0 | 0 | 9147 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 438372 | 4695 | SH |  | SOLE |  | 0 | 0 | 4695 |
| ISHARES TR | MSCI USA MIN VOL | 46429B697 |  | 412527 | 4336 | SH |  | SOLE |  | 0 | 0 | 4336 |
| ISHARES TR | MSCI USA MMENTM | 46432F396 |  | 250808 | 978 | SH |  | SOLE |  | 0 | 0 | 978 |
| ISHARES TR | PFD AND INCM SEC | 464288687 |  | 333939 | 10561 | SH |  | SOLE |  | 0 | 0 | 10561 |
| ISHARES TR | RUS TOP 200 ETF | 464289446 |  | 598957 | 3606 | SH |  | SOLE |  | 0 | 0 | 3606 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 4366168 | 18045 | SH |  | SOLE |  | 0 | 0 | 18045 |
| ISHARES TR | SELECT DIVID ETF | 464287168 |  | 3146947 | 22146 | SH |  | SOLE |  | 0 | 0 | 22146 |
| ISHARES TR | U.S. ENERGY ETF | 464287796 |  | 1181822 | 24870 | SH |  | SOLE |  | 0 | 0 | 24870 |
| ISHARES TR | U.S. FINLS ETF | 464287788 |  | 412846 | 3260 | SH |  | SOLE |  | 0 | 0 | 3260 |
| ISHARES TR | U.S. INSRNCE ETF | 464288786 |  | 3528506 | 26326 | SH |  | SOLE |  | 0 | 0 | 26326 |
| ISHARES TR | U.S. TECH ETF | 464287721 |  | 3547612 | 18113 | SH |  | SOLE |  | 0 | 0 | 18113 |
| ISHARES TR | US HLTHCARE ETF | 464287762 |  | 389960 | 6641 | SH |  | SOLE |  | 0 | 0 | 6641 |
| ISHARES U S ETF TR | IT RT HDG HGYL | 46431W606 |  | 241502 | 2781 | SH |  | SOLE |  | 0 | 0 | 2781 |
| ISHARES U S ETF TR | SHORT DURATION B | 46431W507 |  | 639718 | 12475 | SH |  | SOLE |  | 0 | 0 | 12475 |
| J P MORGAN EXCHANGE TRADED F | EQUITY PREMIUM | 46641Q332 |  | 1865571 | 32672 | SH |  | SOLE |  | 0 | 0 | 32672 |
| J P MORGAN EXCHANGE TRADED F | NASDAQ EQT PREM | 46654Q203 |  | 455098 | 7912 | SH |  | SOLE |  | 0 | 0 | 7912 |
| J P MORGAN EXCHANGE TRADED F | US QUALTY FCTR | 46641Q761 |  | 1774691 | 28210 | SH |  | SOLE |  | 0 | 0 | 28210 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 653412 | 3523 | SH |  | SOLE |  | 0 | 0 | 3523 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 1911830 | 6061 | SH |  | SOLE |  | 0 | 0 | 6061 |
| KROGER CO | COM | 501044101 |  | 1466425 | 21753 | SH |  | SOLE |  | 0 | 0 | 21753 |
| LENNAR CORP | CL A | 526057104 |  | 2004036 | 15900 | SH |  | SOLE |  | 0 | 0 | 15900 |
| LISTED FDS TR | ROUNDHILL MAGNIF | 53656G498 |  | 953118 | 14695 | SH |  | SOLE |  | 0 | 0 | 14695 |
| LOUISIANA PAC CORP | COM | 546347105 |  | 222367 | 2503 | SH |  | SOLE |  | 0 | 0 | 2503 |
| LYONDELLBASELL INDUSTRIES N | SHS - A - | N53745100 |  | 452394 | 9225 | SH |  | SOLE |  | 0 | 0 | 9225 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 365176 | 642 | SH |  | SOLE |  | 0 | 0 | 642 |
| MCDONALDS CORP | COM | 580135101 |  | 490178 | 1613 | SH |  | SOLE |  | 0 | 0 | 1613 |
| META PLATFORMS INC | CL A | 30303M102 |  | 3693931 | 5030 | SH |  | SOLE |  | 0 | 0 | 5030 |
| METLIFE INC | COM | 59156R108 |  | 787128 | 9556 | SH |  | SOLE |  | 0 | 0 | 9556 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 866885 | 5181 | SH |  | SOLE |  | 0 | 0 | 5181 |
| MICROSOFT CORP | COM | 594918104 |  | 2970443 | 5735 | SH |  | SOLE |  | 0 | 0 | 5735 |
| MIDCAP FINANCIAL INVSTMNT CO | COM NEW | 03761U502 |  | 403751 | 33674 | SH |  | SOLE |  | 0 | 0 | 33674 |
| MONSTER BEVERAGE CORP NEW | COM | 61174X109 |  | 316895 | 4708 | SH |  | SOLE |  | 0 | 0 | 4708 |
| MPLX LP | COM UNIT REP LTD | 55336V100 |  | 338311 | 6773 | SH |  | SOLE |  | 0 | 0 | 6773 |
| NEOS ETF TRUST | NEOS S 500 HI | 78433H303 |  | 3062793 | 58562 | SH |  | SOLE |  | 0 | 0 | 58562 |
| NETFLIX INC | COM | 64110L106 |  | 1601757 | 1336 | SH |  | SOLE |  | 0 | 0 | 1336 |
| NOVO-NORDISK A S | ADR | 670100205 |  | 3185459 | 57406 | SH |  | SOLE |  | 0 | 0 | 57406 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 5397386 | 28928 | SH |  | SOLE |  | 0 | 0 | 28928 |
| ORACLE CORP | COM | 68389X105 |  | 1078837 | 3836 | SH |  | SOLE |  | 0 | 0 | 3836 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 |  | 603197 | 5595 | SH |  | SOLE |  | 0 | 0 | 5595 |
| PACER FDS TR | US CASH COWS 100 | 69374H881 |  | 570505 | 9927 | SH |  | SOLE |  | 0 | 0 | 9927 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 617857 | 3387 | SH |  | SOLE |  | 0 | 0 | 3387 |
| PFIZER INC | COM | 717081103 |  | 261297 | 10255 | SH |  | SOLE |  | 0 | 0 | 10255 |
| PHILLIPS 66 | COM | 718546104 |  | 299380 | 2201 | SH |  | SOLE |  | 0 | 0 | 2201 |
| PIMCO CORPORATE  INCOME OPP | COM | 72201B101 |  | 669511 | 46365 | SH |  | SOLE |  | 0 | 0 | 46365 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 556450 | 3621 | SH |  | SOLE |  | 0 | 0 | 3621 |
| PROSHARES TR | PSHS ULTRA QQQ | 74347R206 |  | 999502 | 7285 | SH |  | SOLE |  | 0 | 0 | 7285 |
| PUBLIC STORAGE OPER CO | COM | 74460D109 |  | 941651 | 3260 | SH |  | SOLE |  | 0 | 0 | 3260 |
| RBB FD INC | MOTLEY FOL ETF | 74933W601 |  | 6397635 | 90708 | SH |  | SOLE |  | 0 | 0 | 90708 |
| RENASANT CORP | COM | 75970E107 |  | 298145 | 8082 | SH |  | SOLE |  | 0 | 0 | 8082 |
| RTX CORPORATION | COM | 75513E101 |  | 4913958 | 29366 | SH |  | SOLE |  | 0 | 0 | 29366 |
| SALESFORCE INC | COM | 79466L302 |  | 319002 | 1346 | SH |  | SOLE |  | 0 | 0 | 1346 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 |  | 1417225 | 51913 | SH |  | SOLE |  | 0 | 0 | 51913 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 |  | 1634654 | 18297 | SH |  | SOLE |  | 0 | 0 | 18297 |
| SELECT SECTOR SPDR TR | FINANCIAL | 81369Y605 |  | 207723 | 3856 | SH |  | SOLE |  | 0 | 0 | 3856 |
| SEMPRA | COM | 816851109 |  | 248975 | 2767 | SH |  | SOLE |  | 0 | 0 | 2767 |
| SENSEONICS HLDGS INC | COM | 81727U105 |  | 26148 | 60000 | SH |  | SOLE |  | 0 | 0 | 60000 |
| SONY GROUP CORP | SPONSORED ADR | 835699307 |  | 200925 | 6979 | SH |  | SOLE |  | 0 | 0 | 6979 |
| SPDR DOW JONES INDL AVERAGE | UT SER 1 | 78467X109 |  | 6175162 | 13316 | SH |  | SOLE |  | 0 | 0 | 13316 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 4752634 | 13370 | SH |  | SOLE |  | 0 | 0 | 13370 |
| SPDR INDEX SHS FDS | PORTFOLIO DEVLPD | 78463X889 |  | 354087 | 8275 | SH |  | SOLE |  | 0 | 0 | 8275 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 20904728 | 31380 | SH |  | SOLE |  | 0 | 0 | 31380 |
| SPDR S MIDCAP 400 ETF TR | UTSER1 S | 78467Y107 |  | 2846639 | 4776 | SH |  | SOLE |  | 0 | 0 | 4776 |
| SPDR SERIES TRUST | BLOOMBERG INVT | 78468R200 |  | 6981828 | 226242 | SH |  | SOLE |  | 0 | 0 | 226242 |
| SPDR SERIES TRUST | BLOOMBERG SHT TE | 78468R408 |  | 384000 | 15000 | SH |  | SOLE |  | 0 | 0 | 15000 |
| SPDR SERIES TRUST | PORTFOLI S | 78464A805 |  | 15742598 | 195196 | SH |  | SOLE |  | 0 | 0 | 195196 |
| SPDR SERIES TRUST | PORTFOLIO INTRMD | 78464A375 |  | 1963078 | 57925 | SH |  | SOLE |  | 0 | 0 | 57925 |
| SPDR SERIES TRUST | PORTFOLIO S | 78468R853 |  | 1199943 | 25905 | SH |  | SOLE |  | 0 | 0 | 25905 |
| SPDR SERIES TRUST | PORTFOLIO SHORT | 78464A474 |  | 972430 | 32104 | SH |  | SOLE |  | 0 | 0 | 32104 |
| SPDR SERIES TRUST | PRTFLO S GW | 78464A409 |  | 7286751 | 69723 | SH |  | SOLE |  | 0 | 0 | 69723 |
| SPDR SERIES TRUST | PRTFLO S HI | 78468R788 |  | 550924 | 12521 | SH |  | SOLE |  | 0 | 0 | 12521 |
| SPDR SERIES TRUST | PRTFLO S VL | 78464A508 |  | 8116579 | 146694 | SH |  | SOLE |  | 0 | 0 | 146694 |
| SPDR SERIES TRUST | S 400 MDCP VAL | 78464A839 |  | 226208 | 2712 | SH |  | SOLE |  | 0 | 0 | 2712 |
| SPDR SERIES TRUST | S DIVID ETF | 78464A763 |  | 2042489 | 14584 | SH |  | SOLE |  | 0 | 0 | 14584 |
| STAR BULK CARRIERS CORP. | SHS PAR | Y8162K204 |  | 2194791 | 118063 | SH |  | SOLE |  | 0 | 0 | 118063 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 682585 | 2444 | SH |  | SOLE |  | 0 | 0 | 2444 |
| TESLA INC | COM | 88160R101 |  | 1267452 | 2850 | SH |  | SOLE |  | 0 | 0 | 2850 |
| TRACTOR SUPPLY CO | COM | 892356106 |  | 403493 | 7095 | SH |  | SOLE |  | 0 | 0 | 7095 |
| TRAVELERS COMPANIES INC | COM | 89417E109 |  | 305746 | 1095 | SH |  | SOLE |  | 0 | 0 | 1095 |
| TRIP COM GROUP LTD | ADS | 89677Q107 |  | 345469 | 4594 | SH |  | SOLE |  | 0 | 0 | 4594 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 568364 | 1646 | SH |  | SOLE |  | 0 | 0 | 1646 |
| URBAN OUTFITTERS INC | COM | 917047102 |  | 203861 | 2854 | SH |  | SOLE |  | 0 | 0 | 2854 |
| VANECK ETF TRUST | GOLD MINERS ETF | 92189F106 |  | 226144 | 2960 | SH |  | SOLE |  | 0 | 0 | 2960 |
| VANGUARD BD INDEX FDS | INTERMED TERM | 921937819 |  | 4379131 | 56078 | SH |  | SOLE |  | 0 | 0 | 56078 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 212467 | 443 | SH |  | SOLE |  | 0 | 0 | 443 |
| VANGUARD INDEX FDS | MCAP GR IDXVIP | 922908538 |  | 204184 | 695 | SH |  | SOLE |  | 0 | 0 | 695 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 1959246 | 6670 | SH |  | SOLE |  | 0 | 0 | 6670 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 254239 | 2781 | SH |  | SOLE |  | 0 | 0 | 2781 |
| VANGUARD INDEX FDS | SML CP GRW ETF | 922908595 |  | 318453 | 1070 | SH |  | SOLE |  | 0 | 0 | 1070 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 325612 | 1746 | SH |  | SOLE |  | 0 | 0 | 1746 |
| VANGUARD INTL EQUITY INDEX F | TT WRLD ST ETF | 922042742 |  | 635947 | 4615 | SH |  | SOLE |  | 0 | 0 | 4615 |
| VANGUARD SCOTTSDALE FDS | INT-TERM CORP | 92206C870 |  | 3331429 | 39608 | SH |  | SOLE |  | 0 | 0 | 39608 |
| VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 92206C409 |  | 2991460 | 37426 | SH |  | SOLE |  | 0 | 0 | 37426 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 |  | 299801 | 2127 | SH |  | SOLE |  | 0 | 0 | 2127 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 2530983 | 57587 | SH |  | SOLE |  | 0 | 0 | 57587 |
| VICTORY PORTFOLIOS II | VCSHS US SMCP HG | 92647N873 |  | 710755 | 12016 | SH |  | SOLE |  | 0 | 0 | 12016 |
| VISA INC | COM CL A | 92826C839 |  | 552011 | 1617 | SH |  | SOLE |  | 0 | 0 | 1617 |
| WALMART INC | COM | 931142103 |  | 2426377 | 23543 | SH |  | SOLE |  | 0 | 0 | 23543 |
| WISDOMTREE TR | US MIDCAP DIVID | 97717W505 |  | 313277 | 5990 | SH |  | SOLE |  | 0 | 0 | 5990 |
| WISDOMTREE TR | US TOTAL DIVIDND | 97717W109 |  | 2766036 | 32929 | SH |  | SOLE |  | 0 | 0 | 32929 |
| WP CAREY INC | COM | 92936U109 |  | 263996 | 3907 | SH |  | SOLE |  | 0 | 0 | 3907 |
| XCEL ENERGY INC | COM | 98389B100 |  | 878982 | 10898 | SH |  | SOLE |  | 0 | 0 | 10898 |
| ZSCALER INC | COM | 98980G102 |  | 377871 | 1261 | SH |  | SOLE |  | 0 | 0 | 1261 |

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