# EDGAR Filing Document

**Accession Number:** 0002052916
**File Stem:** 0001765380-25-000475
**Filing Date:** 2025-11
**Character Count:** 20563
**Document Hash:** 110a20787a11b560729235f4a7e96a07
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001765380-25-000475.hdr.sgml**: 20251112

**ACCESSION NUMBER**: 0001765380-25-000475

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251112

**DATE AS OF CHANGE**: 20251112

**EFFECTIVENESS DATE**: 20251112

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BEARING POINT CAPITAL, LLC
- **CENTRAL INDEX KEY:** 0002052916

**ORGANIZATION NAME:**
- **EIN:** 994033362
- **STATE OF INCORPORATION:** MN
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-25176
- **FILM NUMBER:** 251470515

**BUSINESS ADDRESS:**
- **STREET 1:** 3800 AMERICAN BLVD. WEST
- **STREET 2:** SUITE 935
- **CITY:** BLOOMINGTON
- **STATE:** MN
- **ZIP:** 55431
- **BUSINESS PHONE:** 952-800-6301

**MAIL ADDRESS:**
- **STREET 1:** 3800 AMERICAN BLVD. WEST
- **STREET 2:** SUITE 935
- **CITY:** BLOOMINGTON
- **STATE:** MN
- **ZIP:** 55431

### 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:** BEARING POINT CAPITAL LLC<br>**Address:** 3800 AMERICAN BLVD. WEST<br>SUITE 935<br>BLOOMINGTON, MN 55431

**Form 13F File Number:** 028-25176

**CRD Number (if applicable):** 000332023

**SEC File Number (if applicable):** 801-13068

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:** Andy Warning<br>**Title:** Chief Compliance Officer<br>**Phone:** 513-832-5463

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

Andy Warning  Cincinnati, OH  11-12-2025<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:** 164

**Form 13F Information Table Value Total:** $580979103

      (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 |
| NVIDIA CORPORATION COM | Stock | 67066G104 |  | 35480613 | 190163 | SH |  | SOLE |  | 0 | 0 | 190163 |
| APPLE INC COM | Stock | 037833100 |  | 23531631 | 92415 | SH |  | SOLE |  | 0 | 0 | 92415 |
| MICROSOFT CORP COM | Stock | 594918104 |  | 18276384 | 35286 | SH |  | SOLE |  | 0 | 0 | 35286 |
| BROADCOM INC COM | Stock | 11135F101 |  | 14945913 | 45303 | SH |  | SOLE |  | 0 | 0 | 45303 |
| ISHARES 1-3 YEAR TREASURY BOND ETF | ETF | 464287457 |  | 14386094 | 173410 | SH |  | SOLE |  | 0 | 0 | 173410 |
| JPMORGAN CHASE  CO. COM | Stock | 46625H100 |  | 14368467 | 45552 | SH |  | SOLE |  | 0 | 0 | 45552 |
| PALO ALTO NETWORKS INC COM | Stock | 697435105 |  | 13850640 | 68022 | SH |  | SOLE |  | 0 | 0 | 68022 |
| AMAZON COM INC COM | Stock | 023135106 |  | 13203183 | 60132 | SH |  | SOLE |  | 0 | 0 | 60132 |
| VISA INC COM CL A | Stock | 92826C839 |  | 12957078 | 37955 | SH |  | SOLE |  | 0 | 0 | 37955 |
| VANECK JUNIOR GOLD MINERS ETF | ETF | 92189F791 |  | 12366569 | 124877 | SH |  | SOLE |  | 0 | 0 | 124877 |
| ARCHER DANIELS MIDLAND CO COM | Stock | 039483102 |  | 11350600 | 190000 | SH |  | SOLE |  | 0 | 0 | 190000 |
| BANK AMERICA CORP COM | Stock | 060505104 |  | 10747848 | 208332 | SH |  | SOLE |  | 0 | 0 | 208332 |
| HOWMET AEROSPACE INC COM | Stock | 443201108 |  | 9784420 | 49862 | SH |  | SOLE |  | 0 | 0 | 49862 |
| AMERICAN EXPRESS CO COM | Stock | 025816109 |  | 9265271 | 27894 | SH |  | SOLE |  | 0 | 0 | 27894 |
| ALPHABET INC CAP STK CL A | Stock | 02079K305 |  | 9241203 | 38014 | SH |  | SOLE |  | 0 | 0 | 38014 |
| VEEV - VEEVA SYS INC | Stock | 922475108 |  | 8814263 | 29587 | SH |  | SOLE |  | 0 | 0 | 29587 |
| CLOUDFLARE INC CL A COM | Stock | 18915M107 |  | 8598621 | 40070 | SH |  | SOLE |  | 0 | 0 | 40070 |
| HARTFORD MULTIFACTOR DEVELOPED MARKETS (EX-US) ETF | ETF | 518416102 |  | 8462801 | 238221 | SH |  | SOLE |  | 0 | 0 | 238221 |
| CME GROUP INC COM | Stock | 12572Q105 |  | 8371297 | 30983 | SH |  | SOLE |  | 0 | 0 | 30983 |
| ECOLAB INC COM | Stock | 278865100 |  | 8329726 | 30416 | SH |  | SOLE |  | 0 | 0 | 30416 |
| SPDR S MIDCAP 400 ETF TRUST | ETF | 78467Y107 |  | 8297334 | 13921 | SH |  | SOLE |  | 0 | 0 | 13921 |
| CONSTELLATION ENERGY CORP COM | Stock | 21037T109 |  | 7919399 | 24066 | SH |  | SOLE |  | 0 | 0 | 24066 |
| DELL TECHNOLOGIES INC CL C | Stock | 24703L202 |  | 7820742 | 55165 | SH |  | SOLE |  | 0 | 0 | 55165 |
| STRYKER CORPORATION COM | Stock | 863667101 |  | 7619638 | 20612 | SH |  | SOLE |  | 0 | 0 | 20612 |
| DANAHER CORPORATION COM | Stock | 235851102 |  | 7389547 | 37272 | SH |  | SOLE |  | 0 | 0 | 37272 |
| EMBRAER S.A. SPONSORED ADS | ADR | 29082A107 |  | 7301332 | 120783 | SH |  | SOLE |  | 0 | 0 | 120783 |
| CHEVRON CORP NEW COM | Stock | 166764100 |  | 7232632 | 46575 | SH |  | SOLE |  | 0 | 0 | 46575 |
| EATON CORP PLC SHS | Stock | G29183103 |  | 7150795 | 19107 | SH |  | SOLE |  | 0 | 0 | 19107 |
| ACCENTURE PLC IRELAND SHS CLASS A | Stock | G1151C101 |  | 7011578 | 28433 | SH |  | SOLE |  | 0 | 0 | 28433 |
| SUNCOR ENERGY INC NEW COM | Stock | 867224107 |  | 6920851 | 165531 | SH |  | SOLE |  | 0 | 0 | 165531 |
| WISDOMTREE JAPAN HEDGED EQUITY FUND | ETF | 97717W851 |  | 6917205 | 54028 | SH |  | SOLE |  | 0 | 0 | 54028 |
| ARGAN INC COM | Stock | 04010E109 |  | 6773934 | 25084 | SH |  | SOLE |  | 0 | 0 | 25084 |
| ALPHABET INC CAP STK CL C | Stock | 02079K107 |  | 6406339 | 26304 | SH |  | SOLE |  | 0 | 0 | 26304 |
| TRANE TECHNOLOGIES PLC SHS | Stock | G8994E103 |  | 6380457 | 15121 | SH |  | SOLE |  | 0 | 0 | 15121 |
| BHP GROUP LTD SPONSORED ADS | ADR | 088606108 |  | 6379250 | 114426 | SH |  | SOLE |  | 0 | 0 | 114426 |
| VANGUARD FTSE DEVELOPED MARKETS ETF | ETF | 921943858 |  | 6216281 | 103743 | SH |  | SOLE |  | 0 | 0 | 103743 |
| ISHARES MSCI INDIA ETF | ETF | 46429B598 |  | 6212997 | 119343 | SH |  | SOLE |  | 0 | 0 | 119343 |
| CORTEVA INC COM | Stock | 22052L104 |  | 6085753 | 89986 | SH |  | SOLE |  | 0 | 0 | 89986 |
| UNITEDHEALTH GROUP INC COM | Stock | 91324P102 |  | 6067957 | 17573 | SH |  | SOLE |  | 0 | 0 | 17573 |
| CHUBB LIMITED COM | Stock | H1467J104 |  | 5927532 | 21001 | SH |  | SOLE |  | 0 | 0 | 21001 |
| SPOTIFY TECHNOLOGY S A SHS | Stock | L8681T102 |  | 5498844 | 7878 | SH |  | SOLE |  | 0 | 0 | 7878 |
| VANGUARD MID-CAP ETF | ETF | 922908629 |  | 5477076 | 18646 | SH |  | SOLE |  | 0 | 0 | 18646 |
| NORTHROP GRUMMAN CORP COM | Stock | 666807102 |  | 5421120 | 8897 | SH |  | SOLE |  | 0 | 0 | 8897 |
| MERCADOLIBRE INC COM | Stock | 58733R102 |  | 5195018 | 2223 | SH |  | SOLE |  | 0 | 0 | 2223 |
| AMERICAN ELEC PWR CO INC COM | Stock | 025537101 |  | 5108400 | 45408 | SH |  | SOLE |  | 0 | 0 | 45408 |
| APTIV PLC COM SHS | Stock | G3265R107 |  | 5021970 | 58246 | SH |  | SOLE |  | 0 | 0 | 58246 |
| ISHARES CORE S 500 ETF | ETF | 464287200 |  | 4885221 | 7299 | SH |  | SOLE |  | 0 | 0 | 7299 |
| ISHARES BIOTECHNOLOGY ETF | ETF | 464287556 |  | 4846357 | 33569 | SH |  | SOLE |  | 0 | 0 | 33569 |
| NEWMONT CORP COM | Stock | 651639106 |  | 4820171 | 57172 | SH |  | SOLE |  | 0 | 0 | 57172 |
| MASTERCARD INCORPORATED CL A | Stock | 57636Q104 |  | 4658554 | 8190 | SH |  | SOLE |  | 0 | 0 | 8190 |
| KKR  CO INC COM | Stock | 48251W104 |  | 4484704 | 34511 | SH |  | SOLE |  | 0 | 0 | 34511 |
| HONEYWELL INTL INC COM | Stock | 438516106 |  | 4464074 | 21207 | SH |  | SOLE |  | 0 | 0 | 21207 |
| VANGUARD SHORT-TERM TREASURY ETF | ETF | 92206C102 |  | 4098137 | 69637 | SH |  | SOLE |  | 0 | 0 | 69637 |
| INVESCO S 500 EQUAL WEIGHT ETF | ETF | 46137V357 |  | 3786791 | 19962 | SH |  | SOLE |  | 0 | 0 | 19962 |
| REPUBLIC SVCS INC COM | Stock | 760759100 |  | 3737770 | 16288 | SH |  | SOLE |  | 0 | 0 | 16288 |
| TOYOTA MOTOR CORP ADS | ADR | 892331307 |  | 3728548 | 19512 | SH |  | SOLE |  | 0 | 0 | 19512 |
| SPDR S 500 ETF TRUST | ETF | 78462F103 |  | 3671984 | 5512 | SH |  | SOLE |  | 0 | 0 | 5512 |
| ABBVIE INC COM | Stock | 00287Y109 |  | 3298519 | 14246 | SH |  | SOLE |  | 0 | 0 | 14246 |
| ISHARES CORE MSCI EAFE ETF | ETF | 46432F842 |  | 3038388 | 34800 | SH |  | SOLE |  | 0 | 0 | 34800 |
| HOME DEPOT INC COM | Stock | 437076102 |  | 3000432 | 7405 | SH |  | SOLE |  | 0 | 0 | 7405 |
| US BANCORP DEL COM NEW | Stock | 902973304 |  | 2946293 | 60962 | SH |  | SOLE |  | 0 | 0 | 60962 |
| ISHARES BITCOIN TRUST ETF | ETF | 46438F101 |  | 2713490 | 41746 | SH |  | SOLE |  | 0 | 0 | 41746 |
| CANADIAN PACIFIC KANSAS CITY COM | Stock | 13646K108 |  | 2617579 | 35140 | SH |  | SOLE |  | 0 | 0 | 35140 |
| ISHARES RUSSELL 1000 GROWTH ETF | ETF | 464287614 |  | 2441821 | 5213 | SH |  | SOLE |  | 0 | 0 | 5213 |
| VANGUARD CONSUMER DISCRETIONARY ETF | ETF | 92204A108 |  | 2402650 | 6065 | SH |  | SOLE |  | 0 | 0 | 6065 |
| ENBRIDGE INC COM | Stock | 29250N105 |  | 2190721 | 43415 | SH |  | SOLE |  | 0 | 0 | 43415 |
| ELI LILLY  CO COM | Stock | 532457108 |  | 2040262 | 2674 | SH |  | SOLE |  | 0 | 0 | 2674 |
| COSTCO WHSL CORP NEW COM | Stock | 22160K105 |  | 1975294 | 2134 | SH |  | SOLE |  | 0 | 0 | 2134 |
| SCHWAB FUNDAMENTAL U.S. LARGE COMPANY ETF | ETF | 808524771 |  | 1931630 | 73446 | SH |  | SOLE |  | 0 | 0 | 73446 |
| ISHARES CORE S SMALL CAP ETF | ETF | 464287804 |  | 1911143 | 16083 | SH |  | SOLE |  | 0 | 0 | 16083 |
| CORNING INC COM | Stock | 219350105 |  | 1884557 | 22974 | SH |  | SOLE |  | 0 | 0 | 22974 |
| SPROUTS FMRS MKT INC COM | Stock | 85208M102 |  | 1864070 | 17133 | SH |  | SOLE |  | 0 | 0 | 17133 |
| BERKSHIRE HATHAWAY INC DEL CL B NEW | Stock | 084670702 |  | 1803328 | 3587 | SH |  | SOLE |  | 0 | 0 | 3587 |
| STATE STREET SPDR S BIOTECH ETF | ETF | 78464A870 |  | 1655404 | 16521 | SH |  | SOLE |  | 0 | 0 | 16521 |
| VANGUARD LARGE-CAP ETF | ETF | 922908637 |  | 1523291 | 4948 | SH |  | SOLE |  | 0 | 0 | 4948 |
| TESLA INC COM | Stock | 88160R101 |  | 1460905 | 3285 | SH |  | SOLE |  | 0 | 0 | 3285 |
| CONOCOPHILLIPS COM | Stock | 20825C104 |  | 1450538 | 15335 | SH |  | SOLE |  | 0 | 0 | 15335 |
| LOCKHEED MARTIN CORP COM | Stock | 539830109 |  | 1431734 | 2868 | SH |  | SOLE |  | 0 | 0 | 2868 |
| ISHARES CORE S MID-CAP ETF | ETF | 464287507 |  | 1422994 | 21805 | SH |  | SOLE |  | 0 | 0 | 21805 |
| VANGUARD SMALL-CAP ETF | ETF | 922908751 |  | 1386843 | 5454 | SH |  | SOLE |  | 0 | 0 | 5454 |
| INDY - ishares India 50 | ETF | 464289529 |  | 1336380 | 26255 | SH |  | SOLE |  | 0 | 0 | 26255 |
| NEXTERA ENERGY INC COM | Stock | 65339F101 |  | 1313903 | 17405 | SH |  | SOLE |  | 0 | 0 | 17405 |
| TECHNOLOGY SELECT SECTOR SPDR FUND | ETF | 81369Y803 |  | 1256814 | 4459 | SH |  | SOLE |  | 0 | 0 | 4459 |
| COCA COLA CO COM | Stock | 191216100 |  | 1187261 | 17902 | SH |  | SOLE |  | 0 | 0 | 17902 |
| PFIZER INC COM | Stock | 717081103 |  | 1174603 | 46099 | SH |  | SOLE |  | 0 | 0 | 46099 |
| ISHARES TIPS BOND ETF | ETF | 464287176 |  | 1166920 | 10492 | SH |  | SOLE |  | 0 | 0 | 10492 |
| EXXON MOBIL CORP COM | Stock | 30231G102 |  | 1156139 | 10254 | SH |  | SOLE |  | 0 | 0 | 10254 |
| ISHARES CORE S U.S. GROWTH ETF | ETF | 464287671 |  | 1102418 | 6700 | SH |  | SOLE |  | 0 | 0 | 6700 |
| ISHARES S 500 VALUE ETF | ETF | 464287408 |  | 1073232 | 5197 | SH |  | SOLE |  | 0 | 0 | 5197 |
| LINCOLN NATL CORP IND COM | Stock | 534187109 |  | 1072778 | 26600 | SH |  | SOLE |  | 0 | 0 | 26600 |
| MCDONALDS CORP COM | Stock | 580135101 |  | 1066654 | 3510 | SH |  | SOLE |  | 0 | 0 | 3510 |
| ISHARES RUSSELL MID-CAP GROWTH ETF | ETF | 464287481 |  | 941757 | 6613 | SH |  | SOLE |  | 0 | 0 | 6613 |
| CORVEL CORP COM | Stock | 221006109 |  | 929040 | 12000 | SH |  | SOLE |  | 0 | 0 | 12000 |
| DOMINION ENERGY INC COM | Stock | 25746U109 |  | 880848 | 14400 | SH |  | SOLE |  | 0 | 0 | 14400 |
| MORGAN STANLEY COM NEW | Stock | 617446448 |  | 859497 | 5407 | SH |  | SOLE |  | 0 | 0 | 5407 |
| EATON VANCE TAX-MANAGED GLOBAL COM | CEF | 27829F108 |  | 855400 | 94000 | SH |  | SOLE |  | 0 | 0 | 94000 |
| ASTRAZENECA PLC SPONSORED ADR | ADR | 046353108 |  | 849444 | 11072 | SH |  | SOLE |  | 0 | 0 | 11072 |
| MEDTRONIC PLC SHS | Stock | G5960L103 |  | 810492 | 8510 | SH |  | SOLE |  | 0 | 0 | 8510 |
| CROWN CASTLE INC COM | REIT | 22822V101 |  | 781569 | 8100 | SH |  | SOLE |  | 0 | 0 | 8100 |
| SPDR GOLD SHARES | ETF | 78463V107 |  | 758928 | 2135 | SH |  | SOLE |  | 0 | 0 | 2135 |
| WISDOMTREE JAPAN OPPORTUNITIES FUND | ETF | 97717W521 |  | 758722 | 18215 | SH |  | SOLE |  | 0 | 0 | 18215 |
| DUKE ENERGY CORP NEW COM NEW | Stock | 26441C204 |  | 751905 | 6076 | SH |  | SOLE |  | 0 | 0 | 6076 |
| ISHARES RUSSELL 2000 ETF | ETF | 464287655 |  | 745721 | 3082 | SH |  | SOLE |  | 0 | 0 | 3082 |
| FIRST TRUST RBA AMERICAN INDUSTRIAL RENAISSANCE ETF | ETF | 33738R704 |  | 710695 | 7351 | SH |  | SOLE |  | 0 | 0 | 7351 |
| ISHARES S 500 GROWTH ETF | ETF | 464287309 |  | 687138 | 5692 | SH |  | SOLE |  | 0 | 0 | 5692 |
| CARLYLE GROUP INC COM | Stock | 14316J108 |  | 675593 | 10775 | SH |  | SOLE |  | 0 | 0 | 10775 |
| VANGUARD S 500 ETF | ETF | 922908363 |  | 673618 | 1100 | SH |  | SOLE |  | 0 | 0 | 1100 |
| SIMON PPTY GROUP INC NEW COM | REIT | 828806109 |  | 670357 | 3572 | SH |  | SOLE |  | 0 | 0 | 3572 |
| REGIONS FINANCIAL CORP NEW COM | Stock | 7591EP100 |  | 665974 | 25255 | SH |  | SOLE |  | 0 | 0 | 25255 |
| ANTERO RESOURCES CORP COM | Stock | 03674X106 |  | 649722 | 19360 | SH |  | SOLE |  | 0 | 0 | 19360 |
| FIRSTENERGY CORP COM | Stock | 337932107 |  | 645833 | 14095 | SH |  | SOLE |  | 0 | 0 | 14095 |
| TERNIUM SA SPONSORED ADS | ADR | 880890108 |  | 625140 | 18000 | SH |  | SOLE |  | 0 | 0 | 18000 |
| D R HORTON INC COM | Stock | 23331A109 |  | 623650 | 3680 | SH |  | SOLE |  | 0 | 0 | 3680 |
| DONALDSON INC COM | Stock | 257651109 |  | 622306 | 7603 | SH |  | SOLE |  | 0 | 0 | 7603 |
| EDISON INTL COM | Stock | 281020107 |  | 611894 | 11069 | SH |  | SOLE |  | 0 | 0 | 11069 |
| JOHNSON  JOHNSON COM | Stock | 478160104 |  | 599277 | 3232 | SH |  | SOLE |  | 0 | 0 | 3232 |
| TARGET CORP COM | Stock | 87612E106 |  | 587266 | 6547 | SH |  | SOLE |  | 0 | 0 | 6547 |
| WELLS FARGO CO NEW PERP PFD CNV A | Convertible Preferred | 949746804 |  | 573945 | 465 | SH |  | SOLE |  | 0 | 0 | 465 |
| ISHARES RUSSELL MIDCAP ETF | ETF | 464287499 |  | 571190 | 5916 | SH |  | SOLE |  | 0 | 0 | 5916 |
| TRAVELERS COMPANIES INC COM | Stock | 89417E109 |  | 563745 | 2019 | SH |  | SOLE |  | 0 | 0 | 2019 |
| PROCTER AND GAMBLE CO COM | Stock | 742718109 |  | 546379 | 3556 | SH |  | SOLE |  | 0 | 0 | 3556 |
| ISHARES RUSSELL 2000 GROWTH ETF | ETF | 464287648 |  | 544388 | 1701 | SH |  | SOLE |  | 0 | 0 | 1701 |
| STANLEY BLACK  DECKER INC COM | Stock | 854502101 |  | 542014 | 7292 | SH |  | SOLE |  | 0 | 0 | 7292 |
| ABBOTT LABS COM | Stock | 002824100 |  | 531072 | 3965 | SH |  | SOLE |  | 0 | 0 | 3965 |
| TDIV - FIRST TRUST NASDAQ TECHNOLOGY DIVIDEND INDEX FUND | ETF | 33738R118 |  | 522034 | 5295 | SH |  | SOLE |  | 0 | 0 | 5295 |
| NORFOLK SOUTHN CORP COM | Stock | 655844108 |  | 517606 | 1723 | SH |  | SOLE |  | 0 | 0 | 1723 |
| EQUINIX INC COM | REIT | 29444U700 |  | 491875 | 628 | SH |  | SOLE |  | 0 | 0 | 628 |
| INVESCO QQQ TRUST SERIES I | ETF | 46090E103 |  | 479696 | 799 | SH |  | SOLE |  | 0 | 0 | 799 |
| EFX - EQUIFAX INC COM | Stock | 294429105 |  | 462267 | 1802 | SH |  | SOLE |  | 0 | 0 | 1802 |
| CANADIAN NAT RES LTD COM | Stock | 136385101 |  | 460927 | 14422 | SH |  | SOLE |  | 0 | 0 | 14422 |
| VANGUARD SMALL CAP VALUE ETF | ETF | 922908611 |  | 459162 | 2200 | SH |  | SOLE |  | 0 | 0 | 2200 |
| ZSCALER INC COM | Stock | 98980G102 |  | 457880 | 1528 | SH |  | SOLE |  | 0 | 0 | 1528 |
| META PLATFORMS INC CL A | Stock | 30303M102 |  | 456784 | 622 | SH |  | SOLE |  | 0 | 0 | 622 |
| AT INC COM | Stock | 00206R102 |  | 432467 | 15314 | SH |  | SOLE |  | 0 | 0 | 15314 |
| RTX CORPORATION COM | Stock | 75513E101 |  | 419162 | 2505 | SH |  | SOLE |  | 0 | 0 | 2505 |
| WALMART INC COM | Stock | 931142103 |  | 410385 | 3982 | SH |  | SOLE |  | 0 | 0 | 3982 |
| ANTERIS TECHNOLOGIES GLOBAL COM | Stock | 03675P102 |  | 409500 | 91000 | SH |  | SOLE |  | 0 | 0 | 91000 |
| ISHARES SHORT TREASURY BOND ETF | ETF | 464288679 |  | 408813 | 3700 | SH |  | SOLE |  | 0 | 0 | 3700 |
| SPROTT ASSET MANAGEMENT LP PHYSICAL GOLD TR | CEF | 85207H104 |  | 385060 | 13000 | SH |  | SOLE |  | 0 | 0 | 13000 |
| PALANTIR TECHNOLOGIES INC CL A | Stock | 69608A108 |  | 383447 | 2102 | SH |  | SOLE |  | 0 | 0 | 2102 |
| HORMEL FOODS CORP COM | Stock | 440452100 |  | 363431 | 14690 | SH |  | SOLE |  | 0 | 0 | 14690 |
| ISHARES RUSSELL MID-CAP VALUE ETF | ETF | 464287473 |  | 349175 | 2500 | SH |  | SOLE |  | 0 | 0 | 2500 |
| MARATHON PETE CORP COM | Stock | 56585A102 |  | 345968 | 1795 | SH |  | SOLE |  | 0 | 0 | 1795 |
| ISHARES MSCI EAFE ETF | ETF | 464287465 |  | 323994 | 3470 | SH |  | SOLE |  | 0 | 0 | 3470 |
| SERVICENOW INC COM | Stock | 81762P102 |  | 317497 | 345 | SH |  | SOLE |  | 0 | 0 | 345 |
| VANGUARD TOTAL STOCK MARKET ETF | ETF | 922908769 |  | 308808 | 941 | SH |  | SOLE |  | 0 | 0 | 941 |
| ORACLE CORP COM | Stock | 68389X105 |  | 302052 | 1074 | SH |  | SOLE |  | 0 | 0 | 1074 |
| EXELON CORP COM | Stock | 30161N101 |  | 282978 | 6287 | SH |  | SOLE |  | 0 | 0 | 6287 |
| NETFLIX INC COM | Stock | 64110L106 |  | 279348 | 233 | SH |  | SOLE |  | 0 | 0 | 233 |
| ISHARES RUSSELL 2000 VALUE ETF | ETF | 464287630 |  | 279006 | 1578 | SH |  | SOLE |  | 0 | 0 | 1578 |
| ISHARES RUSSELL 1000 ETF | ETF | 464287622 |  | 266800 | 730 | SH |  | SOLE |  | 0 | 0 | 730 |
| DIGI INTL INC COM | Stock | 253798102 |  | 255220 | 7000 | SH |  | SOLE |  | 0 | 0 | 7000 |
| WILLIAMS COS INC COM | Stock | 969457100 |  | 252513 | 3986 | SH |  | SOLE |  | 0 | 0 | 3986 |
| RIO TINTO PLC SPONSORED ADR | ADR | 767204100 |  | 250838 | 3800 | SH |  | SOLE |  | 0 | 0 | 3800 |
| STATE STREET SPDR S AEROSPACE  DEFENSE ETF | ETF | 78464A631 |  | 246708 | 1050 | SH |  | SOLE |  | 0 | 0 | 1050 |
| TRANSUNION COM | Stock | 89400J107 |  | 245057 | 2925 | SH |  | SOLE |  | 0 | 0 | 2925 |
| TRACTOR SUPPLY CO COM | Stock | 892356106 |  | 230892 | 4060 | SH |  | SOLE |  | 0 | 0 | 4060 |
| WESTERN MIDSTREAM PARTNERS LP COM UNIT LP INT | Stock | 958669103 |  | 227882 | 5800 | SH |  | SOLE |  | 0 | 0 | 5800 |
| FINANCIAL SELECT SECTOR SPDR FUND | ETF | 81369Y605 |  | 226954 | 4213 | SH |  | SOLE |  | 0 | 0 | 4213 |
| WASTE CONNECTIONS INC COM | Stock | 94106B101 |  | 224145 | 1275 | SH |  | SOLE |  | 0 | 0 | 1275 |
| KINROSS GOLD CORP COM | Stock | 496902404 |  | 211225 | 8500 | SH |  | SOLE |  | 0 | 0 | 8500 |
| GLOBAL X SILVER MINERS ETF | ETF | 37954Y848 |  | 208801 | 2915 | SH |  | SOLE |  | 0 | 0 | 2915 |
| BAKER HUGHES COMPANY CL A | Stock | 05722G100 |  | 207937 | 4268 | SH |  | SOLE |  | 0 | 0 | 4268 |
| KINDER MORGAN INC DEL COM | Stock | 49456B101 |  | 202388 | 7149 | SH |  | SOLE |  | 0 | 0 | 7149 |

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