# EDGAR Filing Document

**Accession Number:** 0001801467
**File Stem:** 0001855205-25-000045
**Filing Date:** 2025-8
**Character Count:** 18361
**Document Hash:** be014ad1c08b62d7122fca19a1385c3e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001855205-25-000045.hdr.sgml**: 20250811

**ACCESSION NUMBER**: 0001855205-25-000045

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250811

**DATE AS OF CHANGE**: 20250811

**EFFECTIVENESS DATE**: 20250811

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AXS Investments LLC
- **CENTRAL INDEX KEY:** 0001801467

**ORGANIZATION NAME:**
- **EIN:** 842804667
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-21176
- **FILM NUMBER:** 251201540

**BUSINESS ADDRESS:**
- **STREET 1:** 181 WESTCHESTER AVE
- **STREET 2:** SUITE 402
- **CITY:** PORT CHESTER
- **STATE:** NY
- **ZIP:** 10573
- **BUSINESS PHONE:** 833-297-2587

**MAIL ADDRESS:**
- **STREET 1:** 181 WESTCHESTER AVE
- **STREET 2:** SUITE 402
- **CITY:** PORT CHESTER
- **STATE:** NY
- **ZIP:** 10573

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 06-30-2025

**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:** AXS Investments LLC<br>**Address:** 181 WESTCHESTER AVE<br>SUITE 402<br>PORT CHESTER, NY 10573

**Form 13F File Number:** 028-21176

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:** Parker Binion<br>**Title:** Chief Compliance Officer<br>**Phone:** 833-297-2587

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

Parker Binion  Port Chester, NY  08-11-2025<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:** 145

**Form 13F Information Table Value Total:** $243765740

      (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 LABORATORIES | COMMON | 002824100 |  | 472091 | 3471 | SH |  | SOLE |  | 3471 | 0 | 0 |
| ACCENTURE PLC | COMMON | G1151C101 |  | 2524724 | 8447 | SH |  | SOLE |  | 8447 | 0 | 0 |
| ADOBE INC | COMMON | 00724F101 |  | 2201347 | 5690 | SH |  | SOLE |  | 5690 | 0 | 0 |
| ADVANCED DRAINAGE SYSTEMS INC | COMMON | 00790R104 |  | 379038 | 3300 | SH |  | SOLE |  | 3300 | 0 | 0 |
| ADVANCED MICRO DEVICES | COMMON | 007903107 |  | 910147 | 6414 | SH |  | SOLE |  | 6414 | 0 | 0 |
| AGNC INVESTMENT CORP | EQUITY | 00123Q104 |  | 1060370 | 115383 | SH |  | SOLE |  | 115383 | 0 | 0 |
| AIRBNB INC COM CL A | COMMON | 009066101 |  | 813626 | 6148 | SH |  | SOLE |  | 6148 | 0 | 0 |
| ALKERMES PLC | EQUITY | G01767105 |  | 595088 | 20800 | SH |  | SOLE |  | 20800 | 0 | 0 |
| ALPHABET INC CL A | COMMON | 02079K305 |  | 5304875 | 30102 | SH |  | SOLE |  | 30102 | 0 | 0 |
| ALPS ETF TR ALERIAN MLP | ETF | 00162Q452 |  | 1840361 | 37666 | SH |  | SOLE |  | 37666 | 0 | 0 |
| AMAZON.COM INC | COMMON | 023135106 |  | 2023434 | 9223 | SH |  | SOLE |  | 9223 | 0 | 0 |
| ANNALY CAPITAL MANAGEMENT IN | EQUITY | 035710839 |  | 1017936 | 54088 | SH |  | SOLE |  | 54088 | 0 | 0 |
| APOLLO COMMERCIAL REAL ESTAT | EQUITY | 03762U105 |  | 1669074 | 172425 | SH |  | SOLE |  | 172425 | 0 | 0 |
| APOLLO GLOBAL MGMT INC | OTHREQTY | 03769M106 |  | 326301 | 2300 | SH |  | SOLE |  | 2300 | 0 | 0 |
| APPLE INC | COMMON | 037833100 |  | 2714809 | 13232 | SH |  | SOLE |  | 13232 | 0 | 0 |
| APPLOVIN CORP COM CL A | COMMON | 03831W108 |  | 1445480 | 4129 | SH |  | SOLE |  | 4129 | 0 | 0 |
| ARBOR REALTY TRUST INC | EQUITY | 038923108 |  | 1487418 | 139011 | SH |  | SOLE |  | 139011 | 0 | 0 |
| ARISTA NETWORKS INC | COMMON | 040413205 |  | 438808 | 4289 | SH |  | SOLE |  | 4289 | 0 | 0 |
| ARMOUR RESIDENTIAL REIT INC | EQUITY | 042315705 |  | 1059770 | 63044 | SH |  | SOLE |  | 63044 | 0 | 0 |
| ATLASSIAN CORP CL A | COMMON | 049468101 |  | 472997 | 2329 | SH |  | SOLE |  | 2329 | 0 | 0 |
| AUTODESK INC COM | COMMON | 052769106 |  | 889704 | 2874 | SH |  | SOLE |  | 2874 | 0 | 0 |
| AUTOMATIC DATA PROCESSING | COMMON | 053015103 |  | 2241760 | 7269 | SH |  | SOLE |  | 7269 | 0 | 0 |
| BANK OF AMERICA | COMMON | 060505104 |  | 293715 | 6207 | SH |  | SOLE |  | 6207 | 0 | 0 |
| BERKSHIRE HATHAWAY INC | COMMON | 084670702 |  | 1937251 | 3988 | SH |  | SOLE |  | 3988 | 0 | 0 |
| BLACKSTONE MORTGAGE TRU-CL A | EQUITY | 09257W100 |  | 1587163 | 82450 | SH |  | SOLE |  | 82450 | 0 | 0 |
| BOEING CO COM | COMMON | 097023105 |  | 347610 | 1659 | SH |  | SOLE |  | 1659 | 0 | 0 |
| BOSTON SCIENTIFIC CORP | COMMON | 101137107 |  | 1437468 | 13383 | SH |  | SOLE |  | 13383 | 0 | 0 |
| BRIGHTSPIRE CAPITAL INC | EQUITY | 10949T109 |  | 1475181 | 292115 | SH |  | SOLE |  | 292115 | 0 | 0 |
| BROADCOM INC | COMMON | 11135F101 |  | 1011360 | 3669 | SH |  | SOLE |  | 3669 | 0 | 0 |
| CADENCE DESIGN SYS INC | COMMON | 127387108 |  | 1128445 | 3662 | SH |  | SOLE |  | 3662 | 0 | 0 |
| CATERPILLAR INC | COMMON | 149123101 |  | 409173 | 1054 | SH |  | SOLE |  | 1054 | 0 | 0 |
| CHIMERA INVESTMENT CORP | EQUITY | 16934Q802 |  | 1602332 | 115525 | SH |  | SOLE |  | 115525 | 0 | 0 |
| CLAROS MORTGAGE TRUST INC | EQUITY | 18270D106 |  | 1187575 | 416693 | SH |  | SOLE |  | 416693 | 0 | 0 |
| CNH INDUSTRIAL NV | EQUITY | N20944109 |  | 989366 | 76340 | SH |  | SOLE |  | 76340 | 0 | 0 |
| COCA-COLA CO THE | COMMON | 191216100 |  | 258945 | 3660 | SH |  | SOLE |  | 3660 | 0 | 0 |
| COINBASE GLOBAL INC COM CL A | COMMON | 19260Q107 |  | 1046213 | 2985 | SH |  | SOLE |  | 2985 | 0 | 0 |
| COMFORT SYS USA INC COM | COMMON | 199908104 |  | 321726 | 600 | SH |  | SOLE |  | 600 | 0 | 0 |
| COPART INC COM | COMMON | 217204106 |  | 632905 | 12898 | SH |  | SOLE |  | 12898 | 0 | 0 |
| CROWDSTRIKE HLDGS IN CL A | COMMON | 22788C105 |  | 2435520 | 4782 | SH |  | SOLE |  | 4782 | 0 | 0 |
| DANAHER CORP | COMMON | 235851102 |  | 279914 | 1417 | SH |  | SOLE |  | 1417 | 0 | 0 |
| DEERE  CO | COMMON | 244199105 |  | 291365 | 573 | SH |  | SOLE |  | 573 | 0 | 0 |
| DOORDASH INC CL A | COMMON | 25809K105 |  | 1270266 | 5153 | SH |  | SOLE |  | 5153 | 0 | 0 |
| DYNEX CAPITAL INC | EQUITY | 26817Q886 |  | 1031270 | 84392 | SH |  | SOLE |  | 84392 | 0 | 0 |
| EATON CORP PLC | COMMON | G29183103 |  | 324504 | 909 | SH |  | SOLE |  | 909 | 0 | 0 |
| ELLINGTON FINANCIAL INC | EQUITY | 28852N109 |  | 1509620 | 116214 | SH |  | SOLE |  | 116214 | 0 | 0 |
| EQUITABLE HOLDINGS INC | COMMON | 29452E101 |  | 673200 | 12000 | SH |  | SOLE |  | 12000 | 0 | 0 |
| ETFIS SER TR I VIRTUS INFRCAP | ETF | 26923G822 |  | 2324836 | 111610 | SH |  | SOLE |  | 111610 | 0 | 0 |
| EXXON MOBIL CORP | COMMON | 30231G102 |  | 285670 | 2650 | SH |  | SOLE |  | 2650 | 0 | 0 |
| FAIR ISAAC CORP | COMMON | 303250104 |  | 595915 | 326 | SH |  | SOLE |  | 326 | 0 | 0 |
| FIDELITY NATL INFORM COM | COMMON | 31620M106 |  | 545121 | 6696 | SH |  | SOLE |  | 6696 | 0 | 0 |
| FORTINET INC COM | COMMON | 34959E109 |  | 958352 | 9065 | SH |  | SOLE |  | 9065 | 0 | 0 |
| FORTRESS TRANS INFRS COM REP LTD LIAB | OTHREQTY | G3730V105 |  | 632720 | 5500 | SH |  | SOLE |  | 5500 | 0 | 0 |
| FRANKLIN BSP REALTY TRUST IN | EQUITY | 35243J101 |  | 1388407 | 129879 | SH |  | SOLE |  | 129879 | 0 | 0 |
| GARMIN LTD | EQUITY | H2906T109 |  | 1072821 | 5140 | SH |  | SOLE |  | 5140 | 0 | 0 |
| GE HEALTHCARE TECHNO COMMON STOCK | COMMON | 36266G107 |  | 886766 | 11972 | SH |  | SOLE |  | 11972 | 0 | 0 |
| GENERAL ELECTRIC CO | COMMON | 369604301 |  | 567030 | 2203 | SH |  | SOLE |  | 2203 | 0 | 0 |
| GLOBAL X FDS RATE PREFERRED | ETF | 37954Y376 |  | 4850404 | 212737 | SH |  | SOLE |  | 212737 | 0 | 0 |
| GRANITE CONSTRUCTION INC | COMMON | 387328107 |  | 561060 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| HONEYWELL INTERNATIONAL INC | COMMON | 438516106 |  | 351183 | 1508 | SH |  | SOLE |  | 1508 | 0 | 0 |
| INTL BUSINESS MACHINES CORP | COMMON | 459200101 |  | 3649376 | 12380 | SH |  | SOLE |  | 12380 | 0 | 0 |
| INTUIT INC | COMMON | 461202103 |  | 2970940 | 3772 | SH |  | SOLE |  | 3772 | 0 | 0 |
| INTUITIVE SURGICAL INC | COMMON | 46120E602 |  | 959662 | 1766 | SH |  | SOLE |  | 1766 | 0 | 0 |
| INVESCO MORTGAGE CAPITAL | EQUITY | 46131B704 |  | 1047267 | 133580 | SH |  | SOLE |  | 133580 | 0 | 0 |
| ISHARES SHRT TRS BD ETF | ETF | 464288679 |  | 1507896 | 13656 | SH |  | SOLE |  | 13656 | 0 | 0 |
| ISHARES TR 0-5YR HI YL CP | ETF | 46434V407 |  | 1828963 | 42396 | SH |  | SOLE |  | 42396 | 0 | 0 |
| ISHARES TR CRE U S REIT ETF | ETF | 464288521 |  | 5599440 | 99000 | SH |  | SOLE |  | 99000 | 0 | 0 |
| ISHARES TR FALN ANGLS USD | ETF | 46435G474 |  | 2156327 | 79452 | SH |  | SOLE |  | 79452 | 0 | 0 |
| ISHARES TR RESIDENTIAL MULT | ETF | 464288562 |  | 5622999 | 68290 | SH |  | SOLE |  | 68290 | 0 | 0 |
| ISHARES U S ETF TR IT RT HDG HGYL | ETF | 46431W606 |  | 2129763 | 24613 | SH |  | SOLE |  | 24613 | 0 | 0 |
| JANUS DETROIT STR TR B-BBB CLO ETF | ETF | 47103U753 |  | 1803874 | 37417 | SH |  | SOLE |  | 37417 | 0 | 0 |
| JANUS DETROIT STR TR HENDRSON AAA CL | ETF | 47103U845 |  | 6073151 | 119668 | SH |  | SOLE |  | 119668 | 0 | 0 |
| JAZZ PHARMACEUTICALS PLC | EQUITY | G50871105 |  | 382881 | 3608 | SH |  | SOLE |  | 3608 | 0 | 0 |
| JPMORGAN CHASE  CO COM | COMMON | 46625H100 |  | 727094 | 2508 | SH |  | SOLE |  | 2508 | 0 | 0 |
| KKR REAL ESTATE FIN TR REIT | EQUITY | 48251K100 |  | 1306748 | 149002 | SH |  | SOLE |  | 149002 | 0 | 0 |
| LABCORP HOLDINGS INC | EQUITY | 504922105 |  | 1065791 | 4060 | SH |  | SOLE |  | 4060 | 0 | 0 |
| LADDER CAPITAL CORP-REIT | EQUITY | 505743104 |  | 1572822 | 146309 | SH |  | SOLE |  | 146309 | 0 | 0 |
| LINDE PLC COM | COMMON | G54950103 |  | 236936 | 505 | SH |  | SOLE |  | 505 | 0 | 0 |
| MASTERCARD INC CL A | COMMON | 57636Q104 |  | 4137002 | 7362 | SH |  | SOLE |  | 7362 | 0 | 0 |
| MEDTRONIC PLC | COMMON | G5960L103 |  | 223765 | 2567 | SH |  | SOLE |  | 2567 | 0 | 0 |
| MERCADOLIBRE INC COM | COMMON | 58733R102 |  | 1599542 | 612 | SH |  | SOLE |  | 612 | 0 | 0 |
| META PLATFORMS INC | COMMON | 30303M102 |  | 6980855 | 9458 | SH |  | SOLE |  | 9458 | 0 | 0 |
| MFA FINANCIAL INC | EQUITY | 55272X607 |  | 1347605 | 142453 | SH |  | SOLE |  | 142453 | 0 | 0 |
| MICRON TECHNOLOGY INC | EQUITY | 595112103 |  | 1296713 | 10521 | SH |  | SOLE |  | 10521 | 0 | 0 |
| MICROSOFT CORP | COMMON | 594918104 |  | 7435285 | 14948 | SH |  | SOLE |  | 14948 | 0 | 0 |
| MICROSTRATEGY INC-CL A | COMMON | 594972408 |  | 1324257 | 3276 | SH |  | SOLE |  | 3276 | 0 | 0 |
| NETFLIX COM INC COM | COMMON | 64110L106 |  | 6948746 | 5189 | SH |  | SOLE |  | 5189 | 0 | 0 |
| NEW YORK MORTGAGE TRUST INC | EQUITY | 649604840 |  | 1535513 | 229181 | SH |  | SOLE |  | 229181 | 0 | 0 |
| NOVO NORDISK A/S-SPONS ADR | ADR | 670100205 |  | 414120 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| NVIDIA CORP COM | COMMON | 67066G104 |  | 6173301 | 39074 | SH |  | SOLE |  | 39074 | 0 | 0 |
| ORACLE CORP | COMMON | 68389X105 |  | 5137586 | 23499 | SH |  | SOLE |  | 23499 | 0 | 0 |
| ORCHID ISLAND CAPITAL INC | EQUITY | 68571X301 |  | 996773 | 142193 | SH |  | SOLE |  | 142193 | 0 | 0 |
| PALANTIR TECHNOLOGIE CL A | COMMON | 69608A108 |  | 6750975 | 49523 | SH |  | SOLE |  | 49523 | 0 | 0 |
| PALO ALTO NETWORKS I COM | COMMON | 697435105 |  | 2441151 | 11929 | SH |  | SOLE |  | 11929 | 0 | 0 |
| PENNYMAC MORTGAGE INVESTMENT | EQUITY | 70931T103 |  | 1020441 | 79350 | SH |  | SOLE |  | 79350 | 0 | 0 |
| PHILIP MORRIS INTL INC | COMMON | 718172109 |  | 214549 | 1178 | SH |  | SOLE |  | 1178 | 0 | 0 |
| PRINCIPAL EXCHANGE T SPECTRUM PFD | ETF | 74255Y888 |  | 4320949 | 227778 | SH |  | SOLE |  | 227778 | 0 | 0 |
| PROCTER  GAMBLE CO THE | COMMON | 742718109 |  | 331704 | 2082 | SH |  | SOLE |  | 2082 | 0 | 0 |
| PROSHARES SHORTT PSHS SHRT S | ETF | 74349Y753 |  | 2182400 | 55000 | SH |  | SOLE |  | 55000 | 0 | 0 |
| PROSHARES TR ULTRASHT SP500 | ETF | 74347G416 |  | 1841490 | 110600 | SH |  | SOLE |  | 110600 | 0 | 0 |
| READY CAPITAL CORP | EQUITY | 75574U101 |  | 1485892 | 340021 | SH |  | SOLE |  | 340021 | 0 | 0 |
| REDWOOD TRUST INC | EQUITY | 758075402 |  | 1490342 | 252173 | SH |  | SOLE |  | 252173 | 0 | 0 |
| RITHM CAPITAL CORP | EQUITY | 64828T201 |  | 1492346 | 132183 | SH |  | SOLE |  | 132183 | 0 | 0 |
| ROBINHOOD MKTS INC COM CL A | COMMON | 770700102 |  | 970194 | 10362 | SH |  | SOLE |  | 10362 | 0 | 0 |
| ROBLOX CORP CL A | COMMON | 771049103 |  | 869373 | 8264 | SH |  | SOLE |  | 8264 | 0 | 0 |
| ROPER TECHNOLOGIES | COMMON | 776696106 |  | 812282 | 1433 | SH |  | SOLE |  | 1433 | 0 | 0 |
| RTX CORP | COMMON | 75513E101 |  | 402723 | 2758 | SH |  | SOLE |  | 2758 | 0 | 0 |
| S GLOBAL INC | COMMON | 78409V104 |  | 375430 | 712 | SH |  | SOLE |  | 712 | 0 | 0 |
| SALESFORCE INC | COMMON | 79466L302 |  | 3535971 | 12967 | SH |  | SOLE |  | 12967 | 0 | 0 |
| SERVICENOW INC COM | COMMON | 81762P102 |  | 3166486 | 3080 | SH |  | SOLE |  | 3080 | 0 | 0 |
| SNOWLAKE INC. COM | COMMON | 833445109 |  | 1061789 | 4745 | SH |  | SOLE |  | 4745 | 0 | 0 |
| SPDR BLOOMBERG BARCLAYS 1-3MO TBILL | ETF | 78468R663 |  | 1876154 | 20453 | SH |  | SOLE |  | 20453 | 0 | 0 |
| SPDR BLOOMBERG BARCLAYS HIGH YIELD | ETF | 78468R622 |  | 1837236 | 18888 | SH |  | SOLE |  | 18888 | 0 | 0 |
| SPDR BLOOMBERG CONV SECURITIES ETF | ETF | 78464A359 |  | 2188341 | 26474 | SH |  | SOLE |  | 26474 | 0 | 0 |
| SPOTIFY COMMON | OTHREQTY | L8681T102 |  | 2712547 | 3535 | SH |  | SOLE |  | 3535 | 0 | 0 |
| SSGA ACTIVE ETF TR BLKSTN GSOSRLN | ETF | 78467V608 |  | 2122255 | 51028 | SH |  | SOLE |  | 51028 | 0 | 0 |
| STARWOOD PROPERTY TRUST INC | EQUITY | 85571B105 |  | 1709482 | 85176 | SH |  | SOLE |  | 85176 | 0 | 0 |
| STRYKER CORP | EQUITY | 863667101 |  | 1449588 | 3664 | SH |  | SOLE |  | 3664 | 0 | 0 |
| SUNCOR ENERGY INC NEW | EQUITY | 867224107 |  | 314393 | 8395 | SH |  | SOLE |  | 8395 | 0 | 0 |
| SYNOPSYS INC | COMMON | 871607107 |  | 1058172 | 2064 | SH |  | SOLE |  | 2064 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | ADR | 874039100 |  | 973907 | 4300 | SH |  | SOLE |  | 4300 | 0 | 0 |
| TAKE-TWO INTERACTIVE SOFTWRE | COMMON | 874054109 |  | 572155 | 2356 | SH |  | SOLE |  | 2356 | 0 | 0 |
| TE CONNECTIVITY PLC | EQUITY | G87052109 |  | 1248833 | 7404 | SH |  | SOLE |  | 7404 | 0 | 0 |
| TESLA INC | COMMON | 88160R101 |  | 1684551 | 5303 | SH |  | SOLE |  | 5303 | 0 | 0 |
| THE TRADE DESK INC COM CL A | COMMON | 88339J105 |  | 359950 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COMMON | 883556102 |  | 322341 | 795 | SH |  | SOLE |  | 795 | 0 | 0 |
| TPG RE FINANCE TRUST INC | EQUITY | 87266M107 |  | 1542286 | 199778 | SH |  | SOLE |  | 199778 | 0 | 0 |
| TRANE TECHNOLOGIES PLC | EQUITY | G8994E103 |  | 1347223 | 3080 | SH |  | SOLE |  | 3080 | 0 | 0 |
| TWO HARBORS INVESTMENT CORP | EQUITY | 90187B804 |  | 916182 | 85068 | SH |  | SOLE |  | 85068 | 0 | 0 |
| UBER TECHNOLOGIES INC | COMMON | 90353T100 |  | 2604936 | 27920 | SH |  | SOLE |  | 27920 | 0 | 0 |
| UNION PACIFIC CORP | COMMON | 907818108 |  | 320041 | 1391 | SH |  | SOLE |  | 1391 | 0 | 0 |
| UNITED RENTALS INC COM | COMMON | 911363109 |  | 263690 | 350 | SH |  | SOLE |  | 350 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COMMON | 91324P102 |  | 571217 | 1831 | SH |  | SOLE |  | 1831 | 0 | 0 |
| VANECK ETF TRUST MORTGAGE REIT | ETF | 92189F452 |  | 5208171 | 493198 | SH |  | SOLE |  | 493198 | 0 | 0 |
| VANGUARD MALVERN FDS STRM INFPROIDX | ETF | 922020805 |  | 1820679 | 36218 | SH |  | SOLE |  | 36218 | 0 | 0 |
| VANGUARD SCOTTSDALE INT-TERM CORP | ETF | 92206C870 |  | 1841239 | 22205 | SH |  | SOLE |  | 22205 | 0 | 0 |
| VANGUARD SCOTTSDALE SHORT TERM TREAS | ETF | 92206C102 |  | 1816243 | 30899 | SH |  | SOLE |  | 30899 | 0 | 0 |
| VANGUARD SCOTTSDALE SHRT-TERM CORP | ETF | 92206C409 |  | 1821822 | 22916 | SH |  | SOLE |  | 22916 | 0 | 0 |
| VANGUARD WHITEHALL F EMERG MKT BD ETF | ETF | 921946885 |  | 1845615 | 28242 | SH |  | SOLE |  | 28242 | 0 | 0 |
| VERISK ANALYTICS INC CL A | COMMON | 92345Y106 |  | 583440 | 1873 | SH |  | SOLE |  | 1873 | 0 | 0 |
| VERTIV HOLDINGS CO COM CL A | COMMON | 92537N108 |  | 1605125 | 12500 | SH |  | SOLE |  | 12500 | 0 | 0 |
| VISA INC CLASS A | COMMON | 92826C839 |  | 4439900 | 12505 | SH |  | SOLE |  | 12505 | 0 | 0 |
| WALMART INC | COMMON | 931142103 |  | 402951 | 4121 | SH |  | SOLE |  | 4121 | 0 | 0 |
| WELLS FARGO  COMPANY | COMMON | 949746101 |  | 222974 | 2783 | SH |  | SOLE |  | 2783 | 0 | 0 |
| WISDOMTREE TR INTRST RATE HDGE | ETF | 97717W380 |  | 2114851 | 95135 | SH |  | SOLE |  | 95135 | 0 | 0 |
| WORKDAY INC CL A | COMMON | 98138H101 |  | 696240 | 2901 | SH |  | SOLE |  | 2901 | 0 | 0 |

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