# EDGAR Filing Document

**Accession Number:** 0001606666
**File Stem:** 0001104659-25-077427
**Filing Date:** 2025-8
**Character Count:** 28387
**Document Hash:** 3dfc5be8b3baf24572f7bf8eb7f48d5d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-25-077427.hdr.sgml**: 20250813

**ACCESSION NUMBER**: 0001104659-25-077427

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250813

**DATE AS OF CHANGE**: 20250813

**EFFECTIVENESS DATE**: 20250813

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Fort Sheridan Advisors LLC
- **CENTRAL INDEX KEY:** 0001606666

**ORGANIZATION NAME:**
- **EIN:** 270463256
- **STATE OF INCORPORATION:** IL
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-19508
- **FILM NUMBER:** 251210340

**BUSINESS ADDRESS:**
- **STREET 1:** 600 CENTRAL AVENUE
- **STREET 2:** SUITE 365
- **CITY:** HIGHLAND PARK
- **STATE:** IL
- **ZIP:** 60035
- **BUSINESS PHONE:** 312-257-2234

**MAIL ADDRESS:**
- **STREET 1:** 600 CENTRAL AVENUE
- **STREET 2:** SUITE 365
- **CITY:** HIGHLAND PARK
- **STATE:** IL
- **ZIP:** 60035

### 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:** Fort Sheridan Advisors LLC<br>**Address:** 600 Central Avenue<br>Suite 365<br>Highland Park, IL 60035

**Form 13F File Number:** 028-19508

**CRD Number (if applicable):** 000151139

**SEC File Number (if applicable):** 801-70517

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:** Peter Karmin<br>**Title:** Managing Member<br>**Phone:** 847-559-9700

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

/s/ Peter Karmin  Highland Park, IL  08-07-2025<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:** 253

**Form 13F Information Table Value Total:** $701997290

      (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 | 88579Y101 |  | 241757 | 1588 | SH |  | SOLE |  | 0 | 0 | 1588 |
| ABBOTT LABS | COM | 002824100 |  | 2247235 | 16523 | SH |  | SOLE |  | 0 | 0 | 16523 |
| ABBVIE INC | COM | 00287Y109 |  | 12179536 | 65615 | SH |  | SOLE |  | 0 | 0 | 65615 |
| ADOBE INC | COM | 00724F101 |  | 446073 | 1153 | SH |  | SOLE |  | 0 | 0 | 1153 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 739867 | 5214 | SH |  | SOLE |  | 0 | 0 | 5214 |
| ALLIANCE RESOURCE PARTNERS L | UT LTD PART | 01877R108 |  | 349728 | 13379 | SH |  | SOLE |  | 0 | 0 | 13379 |
| ALLSTATE CORP | COM | 020002101 |  | 4514981 | 22428 | SH |  | SOLE |  | 0 | 0 | 22428 |
| ALNYLAM PHARMACEUTICALS INC | COM | 02043Q107 |  | 554679 | 1701 | SH |  | SOLE |  | 0 | 0 | 1701 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 18526512 | 104439 | SH |  | SOLE |  | 0 | 0 | 104439 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 4011403 | 22762 | SH |  | SOLE |  | 0 | 0 | 22762 |
| ALPS ETF TR | ALERIAN MLP | 00162Q452 |  | 391906 | 8021 | SH |  | SOLE |  | 0 | 0 | 8021 |
| AMAZON COM INC | COM | 023135106 |  | 22177066 | 101085 | SH |  | SOLE |  | 0 | 0 | 101085 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 6521865 | 20446 | SH |  | SOLE |  | 0 | 0 | 20446 |
| AMERICAN INTL GROUP INC | COM NEW | 026874784 |  | 213975 | 2500 | SH |  | SOLE |  | 0 | 0 | 2500 |
| AMERIPRISE FINL INC | COM | 03076C106 |  | 533730 | 1000 | SH |  | SOLE |  | 0 | 0 | 1000 |
| AMGEN INC | COM | 031162100 |  | 1887929 | 6762 | SH |  | SOLE |  | 0 | 0 | 6762 |
| ANTERO RESOURCES CORP | COM | 03674X106 |  | 1177223 | 29226 | SH |  | SOLE |  | 0 | 0 | 29226 |
| APOLLO GLOBAL MGMT INC | COM | 03769M106 |  | 996743 | 7026 | SH |  | SOLE |  | 0 | 0 | 7026 |
| APPLE INC | COM | 037833100 |  | 53967823 | 263040 | SH |  | SOLE |  | 0 | 0 | 263040 |
| APPLIED MATLS INC | COM | 038222105 |  | 5515326 | 30127 | SH |  | SOLE |  | 0 | 0 | 30127 |
| ASML HOLDING N V | N Y REGISTRY SHS | N07059210 |  | 1632805 | 2037 | SH |  | SOLE |  | 0 | 0 | 2037 |
| AT INC | COM | 00206R102 |  | 4789461 | 165496 | SH |  | SOLE |  | 0 | 0 | 165496 |
| BANK AMERICA CORP | COM | 060505104 |  | 2054680 | 43421 | SH |  | SOLE |  | 0 | 0 | 43421 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 8059128 | 16590 | SH |  | SOLE |  | 0 | 0 | 16590 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 |  | 2186400 | 3 | SH |  | SOLE |  | 0 | 0 | 3 |
| BEST BUY INC | COM | 086516101 |  | 208103 | 3100 | SH |  | SOLE |  | 0 | 0 | 3100 |
| BLACK STONE MINERALS L P | COM UNIT | 09225M101 |  | 477943 | 36540 | SH |  | SOLE |  | 0 | 0 | 36540 |
| BLACKROCK INC | COM | 09290D101 |  | 714539 | 681 | SH |  | SOLE |  | 0 | 0 | 681 |
| BLACKSTONE INC | COM | 09260D107 |  | 16877096 | 112830 | SH |  | SOLE |  | 0 | 0 | 112830 |
| BOEING CO | COM | 097023105 |  | 7369076 | 35170 | SH |  | SOLE |  | 0 | 0 | 35170 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 335776 | 58 | SH |  | SOLE |  | 0 | 0 | 58 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 |  | 1870760 | 17417 | SH |  | SOLE |  | 0 | 0 | 17417 |
| BP PLC | SPONSORED ADR | 055622104 |  | 217471 | 7266 | SH |  | SOLE |  | 0 | 0 | 7266 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 445937 | 9634 | SH |  | SOLE |  | 0 | 0 | 9634 |
| BROADCOM INC | COM | 11135F101 |  | 2323730 | 8430 | SH |  | SOLE |  | 0 | 0 | 8430 |
| BROOKFIELD INFRAST PARTNERS | LP INT UNIT | G16252101 |  | 2060518 | 61508 | SH |  | SOLE |  | 0 | 0 | 61508 |
| BROOKFIELD RENEWABLE CORP | CL A  EX SUB VTG | 11285B108 |  | 447720 | 13658 | SH |  | SOLE |  | 0 | 0 | 13658 |
| BROOKFIELD RENEWABLE PARTNER | PARTNERSHIP UNIT | G16258108 |  | 1763710 | 69138 | SH |  | SOLE |  | 0 | 0 | 69138 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 331693 | 1559 | SH |  | SOLE |  | 0 | 0 | 1559 |
| CARLYLE GROUP INC | COM | 14316J108 |  | 555120 | 10800 | SH |  | SOLE |  | 0 | 0 | 10800 |
| CATERPILLAR INC | COM | 149123101 |  | 1444529 | 3721 | SH |  | SOLE |  | 0 | 0 | 3721 |
| CBOE GLOBAL MKTS INC | COM | 12503M108 |  | 4389945 | 18824 | SH |  | SOLE |  | 0 | 0 | 18824 |
| CHEVRON CORP NEW | COM | 166764100 |  | 6395358 | 44663 | SH |  | SOLE |  | 0 | 0 | 44663 |
| CIENA CORP | COM NEW | 171779309 |  | 243258 | 2991 | SH |  | SOLE |  | 0 | 0 | 2991 |
| CISCO SYS INC | COM | 17275R102 |  | 2849114 | 41065 | SH |  | SOLE |  | 0 | 0 | 41065 |
| CITIGROUP INC | COM NEW | 172967424 |  | 1124435 | 13210 | SH |  | SOLE |  | 0 | 0 | 13210 |
| CITIZENS FINL GROUP INC | COM | 174610105 |  | 874057 | 19532 | SH |  | SOLE |  | 0 | 0 | 19532 |
| CLEARWAY ENERGY INC | CL C | 18539C204 |  | 851673 | 26615 | SH |  | SOLE |  | 0 | 0 | 26615 |
| CME GROUP INC | COM | 12572Q105 |  | 29813815 | 108170 | SH |  | SOLE |  | 0 | 0 | 108170 |
| COCA COLA CO | COM | 191216100 |  | 388844 | 5496 | SH |  | SOLE |  | 0 | 0 | 5496 |
| COHEN  INFRASTRUCTUR | COM | 19248A109 |  | 262897 | 9755 | SH |  | SOLE |  | 0 | 0 | 9755 |
| COHERENT CORP | COM | 19247G107 |  | 1013336 | 11359 | SH |  | SOLE |  | 0 | 0 | 11359 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 554516 | 15537 | SH |  | SOLE |  | 0 | 0 | 15537 |
| CONNECTONE BANCORP INC | COM | 20786W107 |  | 273936 | 11828 | SH |  | SOLE |  | 0 | 0 | 11828 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 498743 | 5558 | SH |  | SOLE |  | 0 | 0 | 5558 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 2610171 | 2637 | SH |  | SOLE |  | 0 | 0 | 2637 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 5325855 | 10457 | SH |  | SOLE |  | 0 | 0 | 10457 |
| CSX CORP | COM | 126408103 |  | 241462 | 7400 | SH |  | SOLE |  | 0 | 0 | 7400 |
| CVS HEALTH CORP | COM | 126650100 |  | 201353 | 2919 | SH |  | SOLE |  | 0 | 0 | 2919 |
| DANAHER CORPORATION | COM | 235851102 |  | 242382 | 1227 | SH |  | SOLE |  | 0 | 0 | 1227 |
| DEERE | COM | 244199105 |  | 4912759 | 9661 | SH |  | SOLE |  | 0 | 0 | 9661 |
| DIGITAL RLTY TR INC | COM | 253868103 |  | 551406 | 3163 | SH |  | SOLE |  | 0 | 0 | 3163 |
| DILLARDS INC | CL A | 254067101 |  | 1635613 | 3915 | SH |  | SOLE |  | 0 | 0 | 3915 |
| DISNEY WALT CO | COM | 254687106 |  | 1378635 | 11117 | SH |  | SOLE |  | 0 | 0 | 11117 |
| DORCHESTER MINERALS LP | COM UNIT | 25820R105 |  | 384301 | 13794 | SH |  | SOLE |  | 0 | 0 | 13794 |
| DOUBLELINE INCOME SOLUTIONS | COM | 258622109 |  | 1192686 | 97442 | SH |  | SOLE |  | 0 | 0 | 97442 |
| DOUBLELINE OPPORTUNISTIC CR | COM | 258623107 |  | 281023 | 18272 | SH |  | SOLE |  | 0 | 0 | 18272 |
| DUPONT DE NEMOURS INC | COM | 26614N102 |  | 588996 | 8587 | SH |  | SOLE |  | 0 | 0 | 8587 |
| EATON CORP PLC | SHS | G29183103 |  | 624733 | 1750 | SH |  | SOLE |  | 0 | 0 | 1750 |
| ELI LILLY | COM | 532457108 |  | 3795546 | 4869 | SH |  | SOLE |  | 0 | 0 | 4869 |
| ENBRIDGE INC | COM | 29250N105 |  | 2546419 | 56188 | SH |  | SOLE |  | 0 | 0 | 56188 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 7140872 | 393870 | SH |  | SOLE |  | 0 | 0 | 393870 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 30552680 | 985253 | SH |  | SOLE |  | 0 | 0 | 985253 |
| EQT CORP | COM | 26884L109 |  | 1167924 | 20026 | SH |  | SOLE |  | 0 | 0 | 20026 |
| EXCHANGE TRADED CONCEPTS TRU | ROBO GLB ETF | 301505707 |  | 312171 | 5222 | SH |  | SOLE |  | 0 | 0 | 5222 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 2780900 | 25797 | SH |  | SOLE |  | 0 | 0 | 25797 |
| FEDEX CORP | COM | 31428X106 |  | 368470 | 1621 | SH |  | SOLE |  | 0 | 0 | 1621 |
| FIDELITY COVINGTON TRUST | BLUE CHIP GRWTH | 316092352 |  | 345398 | 7160 | SH |  | SOLE |  | 0 | 0 | 7160 |
| FIRST HORIZON CORPORATION | COM | 320517105 |  | 1081582 | 51018 | SH |  | SOLE |  | 0 | 0 | 51018 |
| FIRST SOLAR INC | COM | 336433107 |  | 1115243 | 6737 | SH |  | SOLE |  | 0 | 0 | 6737 |
| FORD MTR CO | COM | 345370860 |  | 661199 | 60940 | SH |  | SOLE |  | 0 | 0 | 60940 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 425220 | 9809 | SH |  | SOLE |  | 0 | 0 | 9809 |
| GALLAGHER ARTHUR J | COM | 363576109 |  | 288108 | 900 | SH |  | SOLE |  | 0 | 0 | 900 |
| GE AEROSPACE | COM NEW | 369604301 |  | 1239590 | 4816 | SH |  | SOLE |  | 0 | 0 | 4816 |
| GE HEALTHCARE TECHNOLOGIES I | COMMON STOCK | 36266G107 |  | 399830 | 5398 | SH |  | SOLE |  | 0 | 0 | 5398 |
| GE VERNOVA INC | COM | 36828A101 |  | 1500140 | 2835 | SH |  | SOLE |  | 0 | 0 | 2835 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 207954 | 713 | SH |  | SOLE |  | 0 | 0 | 713 |
| GENERAL MTRS CO | COM | 37045V100 |  | 942747 | 19158 | SH |  | SOLE |  | 0 | 0 | 19158 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 844275 | 7615 | SH |  | SOLE |  | 0 | 0 | 7615 |
| GOLDMAN SACHS ETF TR | ACCES TREASURY | 381430529 |  | 270305 | 2699 | SH |  | SOLE |  | 0 | 0 | 2699 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 673402 | 951 | SH |  | SOLE |  | 0 | 0 | 951 |
| HA SUSTAINABLE INFRA CAP INC | COM | 41068X100 |  | 2308644 | 85951 | SH |  | SOLE |  | 0 | 0 | 85951 |
| HARTFORD INSURANCE GROUP INC | COM | 416515104 |  | 239833 | 1890 | SH |  | SOLE |  | 0 | 0 | 1890 |
| HOME DEPOT INC | COM | 437076102 |  | 2134666 | 5822 | SH |  | SOLE |  | 0 | 0 | 5822 |
| HONEYWELL INTL INC | COM | 438516106 |  | 2715434 | 11660 | SH |  | SOLE |  | 0 | 0 | 11660 |
| HUNTINGTON BANCSHARES INC | COM | 446150104 |  | 1030740 | 61500 | SH |  | SOLE |  | 0 | 0 | 61500 |
| HUNTINGTON INGALLS INDS INC | COM | 446413106 |  | 202102 | 837 | SH |  | SOLE |  | 0 | 0 | 837 |
| INTEL CORP | COM | 458140100 |  | 1671393 | 74616 | SH |  | SOLE |  | 0 | 0 | 74616 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 10197263 | 55580 | SH |  | SOLE |  | 0 | 0 | 55580 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 2460823 | 8348 | SH |  | SOLE |  | 0 | 0 | 8348 |
| INTUIT | COM | 461202103 |  | 568690 | 722 | SH |  | SOLE |  | 0 | 0 | 722 |
| INVESCO EXCH TRADED FD TR II | SR LN ETF | 46138G508 |  | 665068 | 31791 | SH |  | SOLE |  | 0 | 0 | 31791 |
| INVESCO EXCH TRADED FD TR II | VAR RATE PFD | 46138G870 |  | 457215 | 18700 | SH |  | SOLE |  | 0 | 0 | 18700 |
| INVESCO EXCHANGE TRADED FD T | FINL PFD ETF | 46137V621 |  | 166498 | 11800 | SH |  | SOLE |  | 0 | 0 | 11800 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 3692216 | 6693 | SH |  | SOLE |  | 0 | 0 | 6693 |
| ISHARES INC | MSCI EURZONE ETF | 464286608 |  | 604607 | 10170 | SH |  | SOLE |  | 0 | 0 | 10170 |
| ISHARES INC | MSCI JPN ETF NEW | 46434G822 |  | 451319 | 6020 | SH |  | SOLE |  | 0 | 0 | 6020 |
| ISHARES INC | MSCI GBL ETF NEW | 46434G848 |  | 353737 | 9408 | SH |  | SOLE |  | 0 | 0 | 9408 |
| ISHARES INC | MSCI GERMANY ETF | 464286806 |  | 228432 | 5399 | SH |  | SOLE |  | 0 | 0 | 5399 |
| ISHARES TR | EXPND TEC SC ETF | 464287549 |  | 2359132 | 21000 | SH |  | SOLE |  | 0 | 0 | 21000 |
| ISHARES TR | MSCI USA QLT FCT | 46432F339 |  | 2055788 | 11245 | SH |  | SOLE |  | 0 | 0 | 11245 |
| ISHARES TR | CORE S ETF | 464287200 |  | 1205788 | 1942 | SH |  | SOLE |  | 0 | 0 | 1942 |
| ISHARES TR | RUSSELL 3000 ETF | 464287689 |  | 1180413 | 3363 | SH |  | SOLE |  | 0 | 0 | 3363 |
| ISHARES TR | MSCI INTL QUALTY | 46434V456 |  | 1151116 | 26634 | SH |  | SOLE |  | 0 | 0 | 26634 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 659856 | 3058 | SH |  | SOLE |  | 0 | 0 | 3058 |
| ISHARES TR | CORE DIV GRWTH | 46434V621 |  | 653850 | 10226 | SH |  | SOLE |  | 0 | 0 | 10226 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 |  | 607837 | 3129 | SH |  | SOLE |  | 0 | 0 | 3129 |
| ISHARES TR | INTL SEL DIV ETF | 464288448 |  | 596264 | 17278 | SH |  | SOLE |  | 0 | 0 | 17278 |
| ISHARES TR | ISHARES BIOTECH | 464287556 |  | 522871 | 4133 | SH |  | SOLE |  | 0 | 0 | 4133 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 518115 | 8354 | SH |  | SOLE |  | 0 | 0 | 8354 |
| ISHARES TR | CORE HIGH DV ETF | 46429B663 |  | 475663 | 4060 | SH |  | SOLE |  | 0 | 0 | 4060 |
| ISHARES TR | 20 YR TR BD ETF | 464287432 |  | 458900 | 5200 | SH |  | SOLE |  | 0 | 0 | 5200 |
| ISHARES TR | GLOBAL ENERG ETF | 464287341 |  | 449443 | 11439 | SH |  | SOLE |  | 0 | 0 | 11439 |
| ISHARES TR | PFD AND INCM SEC | 464288687 |  | 395987 | 12907 | SH |  | SOLE |  | 0 | 0 | 12907 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 368174 | 867 | SH |  | SOLE |  | 0 | 0 | 867 |
| ISHARES TR | SP SMCP600VL ETF | 464287879 |  | 277378 | 2788 | SH |  | SOLE |  | 0 | 0 | 2788 |
| ISHARES TR | MSCI INDIA ETF | 46429B598 |  | 276730 | 4970 | SH |  | SOLE |  | 0 | 0 | 4970 |
| ISHARES TR | ISHARES SEMICDTR | 464287523 |  | 253738 | 1063 | SH |  | SOLE |  | 0 | 0 | 1063 |
| ISHARES TR | US HLTHCARE ETF | 464287762 |  | 243429 | 4310 | SH |  | SOLE |  | 0 | 0 | 4310 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 235104 | 2370 | SH |  | SOLE |  | 0 | 0 | 2370 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 210245 | 2352 | SH |  | SOLE |  | 0 | 0 | 2352 |
| ISHARES TR | RUS 1000 ETF | 464287622 |  | 198648 | 585 | SH |  | SOLE |  | 0 | 0 | 585 |
| ITRON INC | COM | 465741106 |  | 1411732 | 10725 | SH |  | SOLE |  | 0 | 0 | 10725 |
| JOHNSON | COM | 478160104 |  | 7686851 | 50323 | SH |  | SOLE |  | 0 | 0 | 50323 |
| JPMORGAN CHASE | COM | 46625H100 |  | 27016195 | 93188 | SH |  | SOLE |  | 0 | 0 | 93188 |
| KENVUE INC | COM | 49177J102 |  | 2461326 | 117598 | SH |  | SOLE |  | 0 | 0 | 117598 |
| KEYCORP | COM | 493267108 |  | 644540 | 37000 | SH |  | SOLE |  | 0 | 0 | 37000 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 2376397 | 80830 | SH |  | SOLE |  | 0 | 0 | 80830 |
| KKR  INC | COM | 48251W104 |  | 522703 | 3929 | SH |  | SOLE |  | 0 | 0 | 3929 |
| KLA CORP | COM NEW | 482480100 |  | 1010658 | 1128 | SH |  | SOLE |  | 0 | 0 | 1128 |
| L3HARRIS TECHNOLOGIES INC | COM | 502431109 |  | 577572 | 2303 | SH |  | SOLE |  | 0 | 0 | 2303 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 5835072 | 59945 | SH |  | SOLE |  | 0 | 0 | 59945 |
| LIBERTY ENERGY INC | COM CL A | 53115L104 |  | 262370 | 22855 | SH |  | SOLE |  | 0 | 0 | 22855 |
| LINEAGE CELL THERAPEUTICS IN | COM | 53566P109 |  | 50068 | 55177 | SH |  | SOLE |  | 0 | 0 | 55177 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 2648944 | 5720 | SH |  | SOLE |  | 0 | 0 | 5720 |
| LUCID GROUP INC | COM | 549498103 |  | 33365 | 15813 | SH |  | SOLE |  | 0 | 0 | 15813 |
| LYONDELLBASELL INDUSTRIES N | SHS - A - | N53745100 |  | 871949 | 15070 | SH |  | SOLE |  | 0 | 0 | 15070 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 811472 | 10484 | SH |  | SOLE |  | 0 | 0 | 10484 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 7593918 | 13514 | SH |  | SOLE |  | 0 | 0 | 13514 |
| MCDONALDS CORP | COM | 580135101 |  | 217660 | 745 | SH |  | SOLE |  | 0 | 0 | 745 |
| MEIRAGTX HLDGS PLC | COM | G59665102 |  | 446121 | 68423 | SH |  | SOLE |  | 0 | 0 | 68423 |
| MERCADOLIBRE INC | COM | 58733R102 |  | 308408 | 118 | SH |  | SOLE |  | 0 | 0 | 118 |
| MERCK  INC | COM | 58933Y105 |  | 7411739 | 93630 | SH |  | SOLE |  | 0 | 0 | 93630 |
| META PLATFORMS INC | CL A | 30303M102 |  | 11275308 | 15276 | SH |  | SOLE |  | 0 | 0 | 15276 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 571415 | 4636 | SH |  | SOLE |  | 0 | 0 | 4636 |
| MICROSOFT CORP | COM | 594918104 |  | 74485214 | 149746 | SH |  | SOLE |  | 0 | 0 | 149746 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 740533 | 5257 | SH |  | SOLE |  | 0 | 0 | 5257 |
| NETFLIX INC | COM | 64110L106 |  | 1154330 | 862 | SH |  | SOLE |  | 0 | 0 | 862 |
| NORTHERN TR CORP | COM | 665859104 |  | 235069 | 1854 | SH |  | SOLE |  | 0 | 0 | 1854 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 772469 | 1545 | SH |  | SOLE |  | 0 | 0 | 1545 |
| NOVARTIS AG | SPONSORED ADR | 66987V109 |  | 971347 | 8027 | SH |  | SOLE |  | 0 | 0 | 8027 |
| NRG ENERGY INC | COM NEW | 629377508 |  | 289044 | 1800 | SH |  | SOLE |  | 0 | 0 | 1800 |
| NUTANIX INC | CL A | 67059N108 |  | 1725480 | 22573 | SH |  | SOLE |  | 0 | 0 | 22573 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 24348688 | 154115 | SH |  | SOLE |  | 0 | 0 | 154115 |
| OFS CAP CORP | COM | 67103B100 |  | 84400 | 10000 | SH |  | SOLE |  | 0 | 0 | 10000 |
| ONEOK INC NEW | COM | 682680103 |  | 21598089 | 264585 | SH |  | SOLE |  | 0 | 0 | 264585 |
| ORACLE CORP | COM | 68389X105 |  | 4862768 | 22242 | SH |  | SOLE |  | 0 | 0 | 22242 |
| PACER FDS TR | US LRG CP CASH | 69374H360 |  | 564611 | 16081 | SH |  | SOLE |  | 0 | 0 | 16081 |
| PACER FDS TR | US CASH COWS 100 | 69374H881 |  | 258611 | 4693 | SH |  | SOLE |  | 0 | 0 | 4693 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 463488 | 3400 | SH |  | SOLE |  | 0 | 0 | 3400 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 4504126 | 22010 | SH |  | SOLE |  | 0 | 0 | 22010 |
| PEPSICO INC | COM | 713448108 |  | 934315 | 7076 | SH |  | SOLE |  | 0 | 0 | 7076 |
| PFIZER INC | COM | 717081103 |  | 2833989 | 116914 | SH |  | SOLE |  | 0 | 0 | 116914 |
| PHILLIPS 66 | COM | 718546104 |  | 293063 | 2457 | SH |  | SOLE |  | 0 | 0 | 2457 |
| PLAINS ALL AMERN PIPELINE L | UNIT LTD PARTN | 726503105 |  | 2265965 | 123688 | SH |  | SOLE |  | 0 | 0 | 123688 |
| PNC FINL SVCS GROUP INC | COM | 693475105 |  | 782778 | 4199 | SH |  | SOLE |  | 0 | 0 | 4199 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 8384573 | 52627 | SH |  | SOLE |  | 0 | 0 | 52627 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 287294 | 2674 | SH |  | SOLE |  | 0 | 0 | 2674 |
| PURE STORAGE INC | CL A | 74624M102 |  | 506243 | 8792 | SH |  | SOLE |  | 0 | 0 | 8792 |
| QUALCOMM INC | COM | 747525103 |  | 3512479 | 22055 | SH |  | SOLE |  | 0 | 0 | 22055 |
| QUANTA SVCS INC | COM | 74762E102 |  | 1759584 | 4654 | SH |  | SOLE |  | 0 | 0 | 4654 |
| RITHM CAPITAL CORP | COM NEW | 64828T201 |  | 4012060 | 355364 | SH |  | SOLE |  | 0 | 0 | 355364 |
| ROYAL GOLD INC | COM | 780287108 |  | 231548 | 1302 | SH |  | SOLE |  | 0 | 0 | 1302 |
| RTX CORPORATION | COM | 75513E101 |  | 2783537 | 19063 | SH |  | SOLE |  | 0 | 0 | 19063 |
| SALESFORCE INC | COM | 79466L302 |  | 608099 | 2230 | SH |  | SOLE |  | 0 | 0 | 2230 |
| SANGAMO THERAPEUTICS INC | COM | 800677106 |  | 6887 | 12723 | SH |  | SOLE |  | 0 | 0 | 12723 |
| SCHWAB STRATEGIC TR | US LCAP GR ETF | 808524300 |  | 1407461 | 48184 | SH |  | SOLE |  | 0 | 0 | 48184 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 |  | 677251 | 25557 | SH |  | SOLE |  | 0 | 0 | 25557 |
| SELECT SECTOR SPDR TR | SBI INT-UTILS | 81369Y886 |  | 545381 | 6679 | SH |  | SOLE |  | 0 | 0 | 6679 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 |  | 425436 | 5016 | SH |  | SOLE |  | 0 | 0 | 5016 |
| SERVICENOW INC | COM | 81762P102 |  | 201504 | 196 | SH |  | SOLE |  | 0 | 0 | 196 |
| SHELL PLC | SPON ADS | 780259305 |  | 3919355 | 55665 | SH |  | SOLE |  | 0 | 0 | 55665 |
| SHOPIFY INC | CL A SUB VTG SHS | 82509L107 |  | 370274 | 3210 | SH |  | SOLE |  | 0 | 0 | 3210 |
| SIMON PPTY GROUP INC NEW | COM | 828806109 |  | 287600 | 1789 | SH |  | SOLE |  | 0 | 0 | 1789 |
| SIMPLIFY EXCHANGE TRADED FUN | MBS ETF | 82889N525 |  | 252364 | 5038 | SH |  | SOLE |  | 0 | 0 | 5038 |
| SNOWFLAKE INC | CL A | 833445109 |  | 399877 | 1787 | SH |  | SOLE |  | 0 | 0 | 1787 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 435602 | 1429 | SH |  | SOLE |  | 0 | 0 | 1429 |
| SPDR INDEX SHS FDS | GLB NAT RESRCE | 78463X541 |  | 217040 | 4001 | SH |  | SOLE |  | 0 | 0 | 4001 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 1118309 | 1810 | SH |  | SOLE |  | 0 | 0 | 1810 |
| STARBUCKS CORP | COM | 855244109 |  | 240071 | 2620 | SH |  | SOLE |  | 0 | 0 | 2620 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 514550 | 2272 | SH |  | SOLE |  | 0 | 0 | 2272 |
| TAKE-TWO INTERACTIVE SOFTWAR | COM | 874054109 |  | 243579 | 1003 | SH |  | SOLE |  | 0 | 0 | 1003 |
| TESLA INC | COM | 88160R101 |  | 662639 | 2086 | SH |  | SOLE |  | 0 | 0 | 2086 |
| TEXAS INSTRS INC | COM | 882508104 |  | 418977 | 2018 | SH |  | SOLE |  | 0 | 0 | 2018 |
| TEXAS PACIFIC LAND CORPORATI | COM | 88262P102 |  | 1480002 | 1401 | SH |  | SOLE |  | 0 | 0 | 1401 |
| THE CIGNA GROUP | COM | 125523100 |  | 781161 | 2363 | SH |  | SOLE |  | 0 | 0 | 2363 |
| THE TRADE DESK INC | COM CL A | 88339J105 |  | 338353 | 4700 | SH |  | SOLE |  | 0 | 0 | 4700 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 1283711 | 3166 | SH |  | SOLE |  | 0 | 0 | 3166 |
| TOYOTA MOTOR CORP | ADS | 892331307 |  | 362801 | 2106 | SH |  | SOLE |  | 0 | 0 | 2106 |
| TRUIST FINL CORP | COM | 89832Q109 |  | 991939 | 23074 | SH |  | SOLE |  | 0 | 0 | 23074 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 412013 | 4416 | SH |  | SOLE |  | 0 | 0 | 4416 |
| ULTA BEAUTY INC | COM | 90384S303 |  | 268061 | 573 | SH |  | SOLE |  | 0 | 0 | 573 |
| UNILEVER PLC | SPON ADR NEW | 904767704 |  | 266395 | 4355 | SH |  | SOLE |  | 0 | 0 | 4355 |
| UNION PAC CORP | COM | 907818108 |  | 453258 | 1970 | SH |  | SOLE |  | 0 | 0 | 1970 |
| URANIUM ENERGY CORP | COM | 916896103 |  | 125569 | 18466 | SH |  | SOLE |  | 0 | 0 | 18466 |
| VANECK ETF TRUST | GOLD MINERS ETF | 92189F106 |  | 904685 | 17378 | SH |  | SOLE |  | 0 | 0 | 17378 |
| VANGUARD ADMIRAL FDS INC | MIDCP 400 IDX | 921932885 |  | 1138456 | 10845 | SH |  | SOLE |  | 0 | 0 | 10845 |
| VANGUARD ADMIRAL FDS INC | SMLLCP 600 IDX | 921932828 |  | 691099 | 6827 | SH |  | SOLE |  | 0 | 0 | 6827 |
| VANGUARD ADMIRAL FDS INC | 500 GRTH IDX F | 921932505 |  | 395020 | 996 | SH |  | SOLE |  | 0 | 0 | 996 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 14382465 | 25320 | SH |  | SOLE |  | 0 | 0 | 25320 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 2161414 | 4930 | SH |  | SOLE |  | 0 | 0 | 4930 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 1763874 | 5804 | SH |  | SOLE |  | 0 | 0 | 5804 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 1052132 | 5953 | SH |  | SOLE |  | 0 | 0 | 5953 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 959359 | 3428 | SH |  | SOLE |  | 0 | 0 | 3428 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 370650 | 4162 | SH |  | SOLE |  | 0 | 0 | 4162 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 2966131 | 59970 | SH |  | SOLE |  | 0 | 0 | 59970 |
| VANGUARD INTL EQUITY INDEX F | FTSE EUROPE ETF | 922042874 |  | 442835 | 5714 | SH |  | SOLE |  | 0 | 0 | 5714 |
| VANGUARD SCOTTSDALE FDS | VNG RUS1000GRW | 92206C680 |  | 1610756 | 14751 | SH |  | SOLE |  | 0 | 0 | 14751 |
| VANGUARD SCOTTSDALE FDS | VNG RUS2000IDX | 92206C664 |  | 288088 | 3303 | SH |  | SOLE |  | 0 | 0 | 3303 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 4899333 | 23938 | SH |  | SOLE |  | 0 | 0 | 23938 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 5977554 | 104851 | SH |  | SOLE |  | 0 | 0 | 104851 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 |  | 1053363 | 7902 | SH |  | SOLE |  | 0 | 0 | 7902 |
| VANGUARD WHITEHALL FDS | INTL DVD ETF | 921946810 |  | 449428 | 4987 | SH |  | SOLE |  | 0 | 0 | 4987 |
| VANGUARD WORLD FD | MEGA CAP INDEX | 921910873 |  | 1548392 | 6884 | SH |  | SOLE |  | 0 | 0 | 6884 |
| VANGUARD WORLD FD | MEGA GRWTH IND | 921910816 |  | 961605 | 2626 | SH |  | SOLE |  | 0 | 0 | 2626 |
| VANGUARD WORLD FD | HEALTH CAR ETF | 92204A504 |  | 407526 | 1641 | SH |  | SOLE |  | 0 | 0 | 1641 |
| VANGUARD WORLD FD | MEGA CAP VAL ETF | 921910840 |  | 342432 | 2610 | SH |  | SOLE |  | 0 | 0 | 2610 |
| VANGUARD WORLD FD | ESG US STK ETF | 921910733 |  | 294274 | 2684 | SH |  | SOLE |  | 0 | 0 | 2684 |
| VENTAS INC | COM | 92276F100 |  | 549658 | 8704 | SH |  | SOLE |  | 0 | 0 | 8704 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 4113276 | 95061 | SH |  | SOLE |  | 0 | 0 | 95061 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 |  | 924235 | 2076 | SH |  | SOLE |  | 0 | 0 | 2076 |
| VERTIV HOLDINGS CO | COM CL A | 92537N108 |  | 517621 | 4031 | SH |  | SOLE |  | 0 | 0 | 4031 |
| VISA INC | COM CL A | 92826C839 |  | 8358775 | 23543 | SH |  | SOLE |  | 0 | 0 | 23543 |
| VISTRA CORP | COM | 92840M102 |  | 2439874 | 12589 | SH |  | SOLE |  | 0 | 0 | 12589 |
| VITESSE ENERGY INC | COMMON STOCK | 92852X103 |  | 514314 | 23283 | SH |  | SOLE |  | 0 | 0 | 23283 |
| VODAFONE GROUP PLC NEW | SPONSORED ADR | 92857W308 |  | 153440 | 14394 | SH |  | SOLE |  | 0 | 0 | 14394 |
| WALMART INC | COM | 931142103 |  | 1231735 | 12597 | SH |  | SOLE |  | 0 | 0 | 12597 |
| WARNER BROS DISCOVERY INC | COM SER A | 934423104 |  | 242356 | 21148 | SH |  | SOLE |  | 0 | 0 | 21148 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 1880416 | 23470 | SH |  | SOLE |  | 0 | 0 | 23470 |
| WESTERN ASSET MUN HIGH INCOM | COM | 95766N103 |  | 87570 | 12600 | SH |  | SOLE |  | 0 | 0 | 12600 |
| WILLIAMS COS INC | COM | 969457100 |  | 325733 | 5186 | SH |  | SOLE |  | 0 | 0 | 5186 |
| WINTRUST FINL CORP | COM | 97650W108 |  | 206427 | 1665 | SH |  | SOLE |  | 0 | 0 | 1665 |
| YPF SOCIEDAD ANONIMA | SPON ADR CL D | 984245100 |  | 754014 | 23975 | SH |  | SOLE |  | 0 | 0 | 23975 |

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