# EDGAR Filing Document

**Accession Number:** 0001792704
**File Stem:** 0001907157-25-000019
**Filing Date:** 2025-7
**Character Count:** 16564
**Document Hash:** 47088d1b7575b3236669ffc532a4f880
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001907157-25-000019.hdr.sgml**: 20250725

**ACCESSION NUMBER**: 0001907157-25-000019

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250725

**DATE AS OF CHANGE**: 20250724

**EFFECTIVENESS DATE**: 20250725

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Avion Wealth
- **CENTRAL INDEX KEY:** 0001792704

**ORGANIZATION NAME:**
- **EIN:** 208804041
- **STATE OF INCORPORATION:** TX
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-19603
- **FILM NUMBER:** 251148012

**BUSINESS ADDRESS:**
- **STREET 1:** 2829 TECHNOLOGY FOREST BLVD #300
- **CITY:** THE WOODLANDS
- **STATE:** TX
- **ZIP:** 77381
- **BUSINESS PHONE:** 2815281200

**MAIL ADDRESS:**
- **STREET 1:** 2829 TECHNOLOGY FOREST BLVD #300
- **CITY:** THE WOODLANDS
- **STATE:** TX
- **ZIP:** 77381

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Efficient Wealth Management LLC
- **DATE OF NAME CHANGE:** 20191030

### 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:** Avion Wealth<br>**Address:** 2829 TECHNOLOGY FOREST BLVD #300<br>THE WOODLANDS, TX 77381

**Form 13F File Number:** 028-19603

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:** Cindi Hill<br>**Title:** Filing Agent<br>**Phone:** 6197955986

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

Cindi Hill  San Diego, CA  07-24-2025<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:** 135

**Form 13F Information Table Value Total:** $389939

      (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 |
| DARDEN RESTAURANTS INC | COM | 237194105 |  | 101 | 487 | SH |  | SOLE |  | 0 | 0 | 487 |
| LOWES COS INC | COM | 548661107 |  | 101 | 437 | SH |  | SOLE |  | 0 | 0 | 437 |
| HONEYWELL INTL INC | COM | 438516106 |  | 102 | 482 | SH |  | SOLE |  | 0 | 0 | 482 |
| PHILLIPS 66 | COM | 718546104 |  | 102 | 827 | SH |  | SOLE |  | 0 | 0 | 827 |
| CHUBB LIMITED | COM | H1467J104 |  | 105 | 348 | SH |  | SOLE |  | 0 | 0 | 348 |
| SELECT SECTOR SPDR TR | SBI CONS DISCR | 81369Y407 |  | 112 | 570 | SH |  | SOLE |  | 0 | 0 | 570 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 115 | 579 | SH |  | SOLE |  | 0 | 0 | 579 |
| SHOPIFY INC | CL A | 82509L107 |  | 115 | 1206 | SH |  | SOLE |  | 0 | 0 | 1206 |
| ISHARES TR | US AER DEF ETF | 464288760 |  | 117 | 767 | SH |  | SOLE |  | 0 | 0 | 767 |
| SOFI TECHNOLOGIES INC | COM | 83406F102 |  | 117 | 10118 | SH |  | SOLE |  | 0 | 0 | 10118 |
| VANGUARD SCOTTSDALE FDS | INTER TERM TREAS | 92206C706 |  | 117 | 1974 | SH |  | SOLE |  | 0 | 0 | 1974 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 119 | 702 | SH |  | SOLE |  | 0 | 0 | 702 |
| COCA COLA CO | COM | 191216100 |  | 120 | 1686 | SH |  | SOLE |  | 0 | 0 | 1686 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 120 | 269 | SH |  | SOLE |  | 0 | 0 | 269 |
| CALAVO GROWERS INC | COM | 128246105 |  | 123 | 5154 | SH |  | SOLE |  | 0 | 0 | 5154 |
| CITIGROUP INC | COM NEW | 172967424 |  | 126 | 1785 | SH |  | SOLE |  | 0 | 0 | 1785 |
| ISHARES TR | US HOME CONS ETF | 464288752 |  | 126 | 1327 | SH |  | SOLE |  | 0 | 0 | 1327 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 |  | 126 | 290 | SH |  | SOLE |  | 0 | 0 | 290 |
| SELECT SECTOR SPDR TR | COMMUNICATION | 81369Y852 |  | 126 | 1311 | SH |  | SOLE |  | 0 | 0 | 1311 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 127 | 2121 | SH |  | SOLE |  | 0 | 0 | 2121 |
| VANGUARD WORLD FD | CONSUM STP ETF | 92204A207 |  | 130 | 597 | SH |  | SOLE |  | 0 | 0 | 597 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 131 | 251 | SH |  | SOLE |  | 0 | 0 | 251 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 133 | 141 | SH |  | SOLE |  | 0 | 0 | 141 |
| ISHARES TR | CORE S US VLU | 464287663 |  | 138 | 1499 | SH |  | SOLE |  | 0 | 0 | 1499 |
| ENBRIDGE INC | COM | 29250N105 |  | 140 | 3170 | SH |  | SOLE |  | 0 | 0 | 3170 |
| EATON CORP PLC | SHS | G29183103 |  | 142 | 526 | SH |  | SOLE |  | 0 | 0 | 526 |
| SPDR SER TR | PRTFLO S GW | 78464A409 |  | 143 | 1785 | SH |  | SOLE |  | 0 | 0 | 1785 |
| MCKESSON CORP | COM | 58155Q103 |  | 144 | 215 | SH |  | SOLE |  | 0 | 0 | 215 |
| EOG RES INC | COM | 26875P101 |  | 148 | 1161 | SH |  | SOLE |  | 0 | 0 | 1161 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 |  | 149 | 723 | SH |  | SOLE |  | 0 | 0 | 723 |
| SELECT SECTOR SPDR TR | FINANCIAL | 81369Y605 |  | 155 | 3118 | SH |  | SOLE |  | 0 | 0 | 3118 |
| STARBUCKS CORP | COM | 855244109 |  | 156 | 1599 | SH |  | SOLE |  | 0 | 0 | 1599 |
| BANK AMERICA CORP | COM | 060505104 |  | 158 | 3795 | SH |  | SOLE |  | 0 | 0 | 3795 |
| KBR INC | COM | 48242W106 |  | 163 | 3289 | SH |  | SOLE |  | 0 | 0 | 3289 |
| PACER FDS TR | TRENDP US LAR CP | 69374H105 |  | 164 | 3201 | SH |  | SOLE |  | 0 | 0 | 3201 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 171 | 306 | SH |  | SOLE |  | 0 | 0 | 306 |
| INVESCO EXCH TRADED FD TR II | NASDAQ 100 ETF | 46138G649 |  | 180 | 935 | SH |  | SOLE |  | 0 | 0 | 935 |
| HOME DEPOT INC | COM | 437076102 |  | 183 | 500 | SH |  | SOLE |  | 0 | 0 | 500 |
| AMGEN INC | COM | 031162100 |  | 184 | 592 | SH |  | SOLE |  | 0 | 0 | 592 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 186 | 693 | SH |  | SOLE |  | 0 | 0 | 693 |
| VANGUARD SCOTTSDALE FDS | VNG RUS1000GRW | 92206C680 |  | 187 | 2019 | SH |  | SOLE |  | 0 | 0 | 2019 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 190 | 1219 | SH |  | SOLE |  | 0 | 0 | 1219 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 190 | 775 | SH |  | SOLE |  | 0 | 0 | 775 |
| TIDAL TR II | YIELDMAX INNOVAT | 88634T600 |  | 190 | 25000 | SH |  | SOLE |  | 0 | 0 | 25000 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 193 | 1169 | SH |  | SOLE |  | 0 | 0 | 1169 |
| MERCK  CO INC | COM | 58933Y105 |  | 194 | 2168 | SH |  | SOLE |  | 0 | 0 | 2168 |
| SCHWAB STRATEGIC TR | US LCAP GR ETF | 808524300 |  | 196 | 7852 | SH |  | SOLE |  | 0 | 0 | 7852 |
| SELECT SECTOR SPDR TR | SBI HEALTHCARE | 81369Y209 |  | 197 | 1355 | SH |  | SOLE |  | 0 | 0 | 1355 |
| RTX CORPORATION | COM | 75513E101 |  | 204 | 1543 | SH |  | SOLE |  | 0 | 0 | 1543 |
| WISDOMTREE TR | EMER MKT HIGH FD | 97717W315 |  | 204 | 4860 | SH |  | SOLE |  | 0 | 0 | 4860 |
| HUNTINGTON INGALLS INDS INC | COM | 446413106 |  | 205 | 1005 | SH |  | SOLE |  | 0 | 0 | 1005 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 207 | 379 | SH |  | SOLE |  | 0 | 0 | 379 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 |  | 210 | 3898 | SH |  | SOLE |  | 0 | 0 | 3898 |
| SCHWAB STRATEGIC TR | US MID-CAP ETF | 808524508 |  | 210 | 8042 | SH |  | SOLE |  | 0 | 0 | 8042 |
| AMERICAN CENTY ETF TR | AVANTIS EMGMKT | 025072604 |  | 217 | 3610 | SH |  | SOLE |  | 0 | 0 | 3610 |
| VANGUARD INDEX FDS | LARGE CAP ETF | 922908637 |  | 218 | 851 | SH |  | SOLE |  | 0 | 0 | 851 |
| MCDONALDS CORP | COM | 580135101 |  | 219 | 703 | SH |  | SOLE |  | 0 | 0 | 703 |
| THIRD COAST BANCSHARES INC | COM | 88422P109 |  | 226 | 6800 | SH |  | SOLE |  | 0 | 0 | 6800 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 227 | 744 | SH |  | SOLE |  | 0 | 0 | 744 |
| ISHARES INC | MSCI EMRG CHN | 46434G764 |  | 228 | 4142 | SH |  | SOLE |  | 0 | 0 | 4142 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 247 | 2358 | SH |  | SOLE |  | 0 | 0 | 2358 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 258 | 3159 | SH |  | SOLE |  | 0 | 0 | 3159 |
| NETFLIX INC | COM | 64110L106 |  | 264 | 284 | SH |  | SOLE |  | 0 | 0 | 284 |
| BROADCOM INC | COM | 11135F101 |  | 267 | 1600 | SH |  | SOLE |  | 0 | 0 | 1600 |
| ISHARES TR | SP SMCP600VL ETF | 464287879 |  | 268 | 2756 | SH |  | SOLE |  | 0 | 0 | 2756 |
| J P MORGAN EXCHANGE TRADED F | EQUITY PREMIUM | 46641Q332 |  | 268 | 4707 | SH |  | SOLE |  | 0 | 0 | 4707 |
| CONSOLIDATED EDISON INC | COM | 209115104 |  | 291 | 2632 | SH |  | SOLE |  | 0 | 0 | 2632 |
| ISHARES TR | SELECT DIVID ETF | 464287168 |  | 292 | 2176 | SH |  | SOLE |  | 0 | 0 | 2176 |
| ISHARES TR | MSCI USA QLT FCT | 46432F339 |  | 303 | 1774 | SH |  | SOLE |  | 0 | 0 | 1774 |
| DEVON ENERGY CORP NEW | COM | 25179M103 |  | 316 | 8466 | SH |  | SOLE |  | 0 | 0 | 8466 |
| WISDOMTREE TR | INTERNATIONL EFI | 97717Y634 |  | 320 | 8437 | SH |  | SOLE |  | 0 | 0 | 8437 |
| SABA CAPITAL INCOME  OPPORT | COM NEW | 880198205 |  | 322 | 37091 | SH |  | SOLE |  | 0 | 0 | 37091 |
| SYSCO CORP | COM | 871829107 |  | 327 | 4367 | SH |  | SOLE |  | 0 | 0 | 4367 |
| J P MORGAN EXCHANGE TRADED F | NASDAQ EQT PREM | 46654Q203 |  | 342 | 6623 | SH |  | SOLE |  | 0 | 0 | 6623 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 351 | 706 | SH |  | SOLE |  | 0 | 0 | 706 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 360 | 769 | SH |  | SOLE |  | 0 | 0 | 769 |
| LGI HOMES INC | COM | 50187T106 |  | 376 | 5667 | SH |  | SOLE |  | 0 | 0 | 5667 |
| ISHARES TR | CORE S TTL STK | 464287150 |  | 379 | 3107 | SH |  | SOLE |  | 0 | 0 | 3107 |
| WALMART INC | COM | 931142103 |  | 404 | 4605 | SH |  | SOLE |  | 0 | 0 | 4605 |
| WP CAREY INC | COM | 92936U109 |  | 405 | 6418 | SH |  | SOLE |  | 0 | 0 | 6418 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 433 | 7435 | SH |  | SOLE |  | 0 | 0 | 7435 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 434 | 2239 | SH |  | SOLE |  | 0 | 0 | 2239 |
| WISDOMTREE TR | US EFFICIENT COR | 97717Y790 |  | 443 | 9783 | SH |  | SOLE |  | 0 | 0 | 9783 |
| VANGUARD SCOTTSDALE FDS | SHORT TERM TREAS | 92206C102 |  | 474 | 8080 | SH |  | SOLE |  | 0 | 0 | 8080 |
| UNITED AIRLS HLDGS INC | COM | 910047109 |  | 478 | 6928 | SH |  | SOLE |  | 0 | 0 | 6928 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 481 | 973 | SH |  | SOLE |  | 0 | 0 | 973 |
| UNION PAC CORP | COM | 907818108 |  | 490 | 2076 | SH |  | SOLE |  | 0 | 0 | 2076 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 491 | 6845 | SH |  | SOLE |  | 0 | 0 | 6845 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 531 | 1843 | SH |  | SOLE |  | 0 | 0 | 1843 |
| VISA INC | COM CL A | 92826C839 |  | 573 | 1636 | SH |  | SOLE |  | 0 | 0 | 1636 |
| ELI LILLY  CO | COM | 532457108 |  | 584 | 708 | SH |  | SOLE |  | 0 | 0 | 708 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 604 | 3909 | SH |  | SOLE |  | 0 | 0 | 3909 |
| META PLATFORMS INC | CL A | 30303M102 |  | 632 | 1097 | SH |  | SOLE |  | 0 | 0 | 1097 |
| CHEVRON CORP NEW | COM | 166764100 |  | 697 | 4169 | SH |  | SOLE |  | 0 | 0 | 4169 |
| VANGUARD MALVERN FDS | STRM INFPROIDX | 922020805 |  | 786 | 15754 | SH |  | SOLE |  | 0 | 0 | 15754 |
| ISHARES TR | CORE S ETF | 464287200 |  | 789 | 1405 | SH |  | SOLE |  | 0 | 0 | 1405 |
| TESLA INC | COM | 88160R101 |  | 796 | 3075 | SH |  | SOLE |  | 0 | 0 | 3075 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 956 | 8827 | SH |  | SOLE |  | 0 | 0 | 8827 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 1038 | 55882 | SH |  | SOLE |  | 0 | 0 | 55882 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 1041 | 1955 | SH |  | SOLE |  | 0 | 0 | 1955 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 1051 | 10058 | SH |  | SOLE |  | 0 | 0 | 10058 |
| SPDR SER TR | DJ REIT ETF | 78464A607 |  | 1101 | 11114 | SH |  | SOLE |  | 0 | 0 | 11114 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 |  | 1224 | 16672 | SH |  | SOLE |  | 0 | 0 | 16672 |
| VANGUARD WORLD FD | ENERGY ETF | 92204A306 |  | 1246 | 9611 | SH |  | SOLE |  | 0 | 0 | 9611 |
| VANGUARD ADMIRAL FDS INC | 500 VAL IDX FD | 921932703 |  | 1304 | 7080 | SH |  | SOLE |  | 0 | 0 | 7080 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 1498 | 15145 | SH |  | SOLE |  | 0 | 0 | 15145 |
| AMAZON COM INC | COM | 023135106 |  | 1514 | 7963 | SH |  | SOLE |  | 0 | 0 | 7963 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 1519 | 2854 | SH |  | SOLE |  | 0 | 0 | 2854 |
| SCHWAB STRATEGIC TR | US AGGREGATE B | 808524839 |  | 1530 | 66105 | SH |  | SOLE |  | 0 | 0 | 66105 |
| MICROSOFT CORP | COM | 594918104 |  | 1718 | 4577 | SH |  | SOLE |  | 0 | 0 | 4577 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 2024 | 59304 | SH |  | SOLE |  | 0 | 0 | 59304 |
| HALLIBURTON CO | COM | 406216101 |  | 2061 | 81254 | SH |  | SOLE |  | 0 | 0 | 81254 |
| VANGUARD WORLD FD | FINANCIALS ETF | 92204A405 |  | 2274 | 19038 | SH |  | SOLE |  | 0 | 0 | 19038 |
| BOEING CO | COM | 097023105 |  | 2278 | 13358 | SH |  | SOLE |  | 0 | 0 | 13358 |
| SERVICE CORP INTL | COM | 817565104 |  | 2815 | 35108 | SH |  | SOLE |  | 0 | 0 | 35108 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 2920 | 24554 | SH |  | SOLE |  | 0 | 0 | 24554 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 3128 | 109665 | SH |  | SOLE |  | 0 | 0 | 109665 |
| VANGUARD BD INDEX FDS | SHORT TRM BOND | 921937827 |  | 3368 | 43035 | SH |  | SOLE |  | 0 | 0 | 43035 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 3450 | 76240 | SH |  | SOLE |  | 0 | 0 | 76240 |
| APPLE INC | COM | 037833100 |  | 4184 | 18838 | SH |  | SOLE |  | 0 | 0 | 18838 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 5789 | 15612 | SH |  | SOLE |  | 0 | 0 | 15612 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 |  | 6415 | 84804 | SH |  | SOLE |  | 0 | 0 | 84804 |
| PIMCO ETF TR | ENHAN SHRT MA AC | 72201R833 |  | 9207 | 91504 | SH |  | SOLE |  | 0 | 0 | 91504 |
| DIMENSIONAL ETF TRUST | US CORE EQUITY 2 | 25434V708 |  | 10072 | 305324 | SH |  | SOLE |  | 0 | 0 | 305324 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 10154 | 39266 | SH |  | SOLE |  | 0 | 0 | 39266 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 12593 | 139093 | SH |  | SOLE |  | 0 | 0 | 139093 |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 |  | 14057 | 231741 | SH |  | SOLE |  | 0 | 0 | 231741 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 15157 | 55150 | SH |  | SOLE |  | 0 | 0 | 55150 |
| VANGUARD INDEX FDS | SM CP VAL ETF | 922908611 |  | 16679 | 89533 | SH |  | SOLE |  | 0 | 0 | 89533 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 |  | 21360 | 165636 | SH |  | SOLE |  | 0 | 0 | 165636 |
| VANGUARD INDEX FDS | MCAP VL IDXVIP | 922908512 |  | 24207 | 150787 | SH |  | SOLE |  | 0 | 0 | 150787 |
| VANGUARD CHARLOTTE FDS | TOTAL INT BD ETF | 92203J407 |  | 29667 | 607693 | SH |  | SOLE |  | 0 | 0 | 607693 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 33021 | 64255 | SH |  | SOLE |  | 0 | 0 | 64255 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 52374 | 1030380 | SH |  | SOLE |  | 0 | 0 | 1030380 |
| VANGUARD BD INDEX FDS | VANGUARD ULTRA | 92203C303 |  | 58342 | 1170246 | SH |  | SOLE |  | 0 | 0 | 1170246 |

---