# EDGAR Filing Document

**Accession Number:** 0001598550
**File Stem:** 0001062993-23-000913
**Filing Date:** 2023-1
**Character Count:** 22901
**Document Hash:** 9b6dde79e3b71ee909b96fa615218470
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001062993-23-000913.hdr.sgml**: 20230113

**ACCESSION NUMBER**: 0001062993-23-000913

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230113

**DATE AS OF CHANGE**: 20230113

**EFFECTIVENESS DATE**: 20230113

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** E&G Advisors, LP
- **CENTRAL INDEX KEY:** 0001598550
- **IRS NUMBER:** 753145932
- **STATE OF INCORPORATION:** TX
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-15729
- **FILM NUMBER:** 23528849

**BUSINESS ADDRESS:**
- **STREET 1:** 2000 WEST LOOP S.
- **STREET 2:** SUITE 2011
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77027
- **BUSINESS PHONE:** 713-880-3533

**MAIL ADDRESS:**
- **STREET 1:** 2000 WEST LOOP S.
- **STREET 2:** SUITE 2011
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77027

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**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:** E Advisors LP<br>**Address:** 2000 WEST LOOP S.<br>SUITE 2011<br>HOUSTON, TX 77027

**Form 13F File Number:** 028-15729

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:** Adam G. Gracely<br>**Title:** CCO<br>**Phone:** 713-880-3533

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

Adam G. Gracely  Houston, TX  01-09-2023<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:** 198

**Form 13F Information Table Value Total:** $266057629

      (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 |
| AGNC INVT CORP | COM | 00123Q104 |  | 133049 | 12855 | SH |  | SOLE |  | 0 | 0 | 12855 |
| AT INC | COM | 00206R102 |  | 339334 | 18432 | SH |  | SOLE |  | 0 | 0 | 18432 |
| ABBVIE INC | COM | 00287Y109 |  | 569837 | 3526 | SH |  | SOLE |  | 0 | 0 | 3526 |
| ACTIVISION BLIZZARD INC | COM | 00507V109 |  | 250548 | 3273 | SH |  | SOLE |  | 0 | 0 | 3273 |
| AIR PRODS  CHEMS INC | COM | 009158106 |  | 311343 | 1010 | SH |  | SOLE |  | 0 | 0 | 1010 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 721375 | 8130 | SH |  | SOLE |  | 0 | 0 | 8130 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 4929410 | 55870 | SH |  | SOLE |  | 0 | 0 | 55870 |
| AMAZON COM INC | COM | 023135106 |  | 2383920 | 28380 | SH |  | SOLE |  | 0 | 0 | 28380 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 |  | 338782 | 3568 | SH |  | SOLE |  | 0 | 0 | 3568 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 339825 | 2300 | SH |  | SOLE |  | 0 | 0 | 2300 |
| AMGEN INC | COM | 031162100 |  | 682076 | 2597 | SH |  | SOLE |  | 0 | 0 | 2597 |
| ELEVANCE HEALTH INC | COM | 036752103 |  | 282134 | 550 | SH |  | SOLE |  | 0 | 0 | 550 |
| APPLE INC | COM | 037833100 |  | 4501035 | 34642 | SH |  | SOLE |  | 0 | 0 | 34642 |
| APPLIED MATLS INC | COM | 038222105 |  | 647480 | 6649 | SH |  | SOLE |  | 0 | 0 | 6649 |
| ARES DYNAMIC CR ALLOCATION F | COM | 04014F102 |  | 238128 | 20546 | SH |  | SOLE |  | 0 | 0 | 20546 |
| BANK AMERICA CORP | COM | 060505104 |  | 1442939 | 43567 | SH |  | SOLE |  | 0 | 0 | 43567 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 2391504 | 7742 | SH |  | SOLE |  | 0 | 0 | 7742 |
| BLACKROCK INC | COM | 09247X101 |  | 520134 | 734 | SH |  | SOLE |  | 0 | 0 | 734 |
| BLACKROCK CR ALLOCATION INCO | COM | 092508100 |  | 214039 | 21192 | SH |  | SOLE |  | 0 | 0 | 21192 |
| BLACKROCK MUNICIPAL INCOME | COM | 09253X102 |  | 480392 | 42400 | SH |  | SOLE |  | 0 | 0 | 42400 |
| BLACKROCK MULTI SECTOR INC T | COM | 09258A107 |  | 1283376 | 90315 | SH |  | SOLE |  | 0 | 0 | 90315 |
| BLACKSTONE INC | COM | 09260D107 |  | 870528 | 11734 | SH |  | SOLE |  | 0 | 0 | 11734 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 417310 | 5800 | SH |  | SOLE |  | 0 | 0 | 5800 |
| BROADCOM INC | COM | 11135F101 |  | 984069 | 1760 | SH |  | SOLE |  | 0 | 0 | 1760 |
| BROOKFIELD REAL ASSETS INCOM | SHS BEN INT | 112830104 |  | 852526 | 52788 | SH |  | SOLE |  | 0 | 0 | 52788 |
| CIGNA CORP NEW | COM | 125523100 |  | 695814 | 2100 | SH |  | SOLE |  | 0 | 0 | 2100 |
| CVS HEALTH CORP | COM | 126650100 |  | 455420 | 4887 | SH |  | SOLE |  | 0 | 0 | 4887 |
| CALAMOS CONV OPPORTUNITIES | SH BEN INT | 128117108 |  | 399136 | 37977 | SH |  | SOLE |  | 0 | 0 | 37977 |
| CARLYLE GROUP INC | COM | 14316J108 |  | 262592 | 8800 | SH |  | SOLE |  | 0 | 0 | 8800 |
| CATERPILLAR INC | COM | 149123101 |  | 598900 | 2500 | SH |  | SOLE |  | 0 | 0 | 2500 |
| CHENIERE ENERGY INC | COM NEW | 16411R208 |  | 202446 | 1350 | SH |  | SOLE |  | 0 | 0 | 1350 |
| CHESAPEAKE ENERGY CORP | COM | 165167735 |  | 235642 | 2497 | SH |  | SOLE |  | 0 | 0 | 2497 |
| CHEVRON CORP NEW | COM | 166764100 |  | 1232378 | 6866 | SH |  | SOLE |  | 0 | 0 | 6866 |
| CISCO SYS INC | COM | 17275R102 |  | 850803 | 17859 | SH |  | SOLE |  | 0 | 0 | 17859 |
| CITIGROUP INC | COM NEW | 172967424 |  | 1200630 | 26545 | SH |  | SOLE |  | 0 | 0 | 26545 |
| COCA COLA CO | COM | 191216100 |  | 247952 | 3898 | SH |  | SOLE |  | 0 | 0 | 3898 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 1068447 | 30553 | SH |  | SOLE |  | 0 | 0 | 30553 |
| CONSTELLATION BRANDS INC | CL A | 21036P108 |  | 428738 | 1850 | SH |  | SOLE |  | 0 | 0 | 1850 |
| CROWN CASTLE INC | COM | 22822V101 |  | 204816 | 1510 | SH |  | SOLE |  | 0 | 0 | 1510 |
| CUMMINS INC | COM | 231021106 |  | 314977 | 1300 | SH |  | SOLE |  | 0 | 0 | 1300 |
| DEERE  CO | COM | 244199105 |  | 986148 | 2300 | SH |  | SOLE |  | 0 | 0 | 2300 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 678663 | 20653 | SH |  | SOLE |  | 0 | 0 | 20653 |
| DIAMONDBACK ENERGY INC | COM | 25278X109 |  | 421282 | 3080 | SH |  | SOLE |  | 0 | 0 | 3080 |
| DISNEY WALT CO | COM | 254687106 |  | 349363 | 4021 | SH |  | SOLE |  | 0 | 0 | 4021 |
| DISCOVER FINL SVCS | COM | 254709108 |  | 440235 | 4500 | SH |  | SOLE |  | 0 | 0 | 4500 |
| DOMINION ENERGY INC | COM | 25746U109 |  | 247196 | 4031 | SH |  | SOLE |  | 0 | 0 | 4031 |
| DOUBLELINE INCOME SOLUTIONS | COM | 258622109 |  | 940986 | 84850 | SH |  | SOLE |  | 0 | 0 | 84850 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 576744 | 5600 | SH |  | SOLE |  | 0 | 0 | 5600 |
| EOG RES INC | COM | 26875P101 |  | 473007 | 3652 | SH |  | SOLE |  | 0 | 0 | 3652 |
| EMERSON ELEC CO | COM | 291011104 |  | 1169050 | 12170 | SH |  | SOLE |  | 0 | 0 | 12170 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 297296 | 25046 | SH |  | SOLE |  | 0 | 0 | 25046 |
| ENTERGY CORP NEW | COM | 29364G103 |  | 326250 | 2900 | SH |  | SOLE |  | 0 | 0 | 2900 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 1301107 | 53943 | SH |  | SOLE |  | 0 | 0 | 53943 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 1773680 | 16081 | SH |  | SOLE |  | 0 | 0 | 16081 |
| META PLATFORMS INC | CL A | 30303M102 |  | 662712 | 5507 | SH |  | SOLE |  | 0 | 0 | 5507 |
| FEDEX CORP | COM | 31428X106 |  | 352462 | 2035 | SH |  | SOLE |  | 0 | 0 | 2035 |
| FIRST TR EXCHANGE TRADED FD | CLOUD COMPUTING | 33734X192 |  | 454140 | 7883 | SH |  | SOLE |  | 0 | 0 | 7883 |
| FIRST TR EXCHANGE TRAD FD VI | FST TR GLB FD | 33739H101 |  | 2501311 | 102136 | SH |  | SOLE |  | 0 | 0 | 102136 |
| FORD MTR CO DEL | COM | 345370860 |  | 254116 | 21850 | SH |  | SOLE |  | 0 | 0 | 21850 |
| GXO LOGISTICS INCORPORATED | COMMON STOCK | 36262G101 |  | 243333 | 5700 | SH |  | SOLE |  | 0 | 0 | 5700 |
| GENERAL MTRS CO | COM | 37045V100 |  | 854744 | 25409 | SH |  | SOLE |  | 0 | 0 | 25409 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 1674864 | 19509 | SH |  | SOLE |  | 0 | 0 | 19509 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 2087750 | 6080 | SH |  | SOLE |  | 0 | 0 | 6080 |
| GOLDMAN SACHS ETF TR | ACTIVEBETA US LG | 381430503 |  | 1816462 | 23860 | SH |  | SOLE |  | 0 | 0 | 23860 |
| HERSHEY CO | COM | 427866108 |  | 509454 | 2200 | SH |  | SOLE |  | 0 | 0 | 2200 |
| HOME DEPOT INC | COM | 437076102 |  | 1678480 | 5314 | SH |  | SOLE |  | 0 | 0 | 5314 |
| HONEYWELL INTL INC | COM | 438516106 |  | 281162 | 1312 | SH |  | SOLE |  | 0 | 0 | 1312 |
| HUMANA INC | COM | 444859102 |  | 655603 | 1280 | SH |  | SOLE |  | 0 | 0 | 1280 |
| INDEPENDENCE CONTRACT DRILLI | COM | 453415606 |  | 57225 | 17500 | SH |  | SOLE |  | 0 | 0 | 17500 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 542426 | 3850 | SH |  | SOLE |  | 0 | 0 | 3850 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 1719636 | 6458 | SH |  | SOLE |  | 0 | 0 | 6458 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 2989839 | 21167 | SH |  | SOLE |  | 0 | 0 | 21167 |
| INVESCO EXCH TRADED FD TR II | S 500 HB ETF | 46138E370 |  | 1987517 | 31887 | SH |  | SOLE |  | 0 | 0 | 31887 |
| INVESCO EXCH TRADED FD TR II | S 500 REVENUE | 46138G698 |  | 280972 | 3800 | SH |  | SOLE |  | 0 | 0 | 3800 |
| IRON MTN INC DEL | COM | 46284V101 |  | 324025 | 6500 | SH |  | SOLE |  | 0 | 0 | 6500 |
| ISHARES TR | TIPS BD ETF | 464287176 |  | 4517677 | 42443 | SH |  | SOLE |  | 0 | 0 | 42443 |
| ISHARES TR | CORE S ETF | 464287200 |  | 1085009 | 2824 | SH |  | SOLE |  | 0 | 0 | 2824 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 5632550 | 58074 | SH |  | SOLE |  | 0 | 0 | 58074 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 534390 | 14100 | SH |  | SOLE |  | 0 | 0 | 14100 |
| ISHARES TR | 20 YR TR BD ETF | 464287432 |  | 1317876 | 13237 | SH |  | SOLE |  | 0 | 0 | 13237 |
| ISHARES TR | 1 3 YR TREAS BD | 464287457 |  | 2130712 | 26250 | SH |  | SOLE |  | 0 | 0 | 26250 |
| ISHARES TR | RUS MID CAP ETF | 464287499 |  | 404700 | 6000 | SH |  | SOLE |  | 0 | 0 | 6000 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 24198999 | 112953 | SH |  | SOLE |  | 0 | 0 | 112953 |
| ISHARES TR | RUS 2000 VAL ETF | 464287630 |  | 997315 | 7192 | SH |  | SOLE |  | 0 | 0 | 7192 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 956888 | 5488 | SH |  | SOLE |  | 0 | 0 | 5488 |
| ISHARES TR | 3 7 YR TREAS BD | 464288661 |  | 280217 | 2439 | SH |  | SOLE |  | 0 | 0 | 2439 |
| ISHARES TR | PFD AND INCM SEC | 464288687 |  | 441952 | 14476 | SH |  | SOLE |  | 0 | 0 | 14476 |
| ISHARES SILVER TR | ISHARES | 46428Q109 |  | 621404 | 28220 | SH |  | SOLE |  | 0 | 0 | 28220 |
| ISHARES TR | MSCI USA MIN VOL | 46429B697 |  | 631884 | 8764 | SH |  | SOLE |  | 0 | 0 | 8764 |
| ISHARES INC | MSCI JPN ETF NEW | 46434G822 |  | 1238674 | 22753 | SH |  | SOLE |  | 0 | 0 | 22753 |
| ISHARES TR | IBONDS DEC25 ETF | 46434VBD1 |  | 304000 | 12500 | SH |  | SOLE |  | 0 | 0 | 12500 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 4469001 | 33326 | SH |  | SOLE |  | 0 | 0 | 33326 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 1468138 | 8311 | SH |  | SOLE |  | 0 | 0 | 8311 |
| KLA CORP | COM NEW | 482480100 |  | 818155 | 2170 | SH |  | SOLE |  | 0 | 0 | 2170 |
| KKR  CO INC | COM | 48251W104 |  | 417780 | 9000 | SH |  | SOLE |  | 0 | 0 | 9000 |
| L3HARRIS TECHNOLOGIES INC | COM | 502431109 |  | 415795 | 1997 | SH |  | SOLE |  | 0 | 0 | 1997 |
| LAM RESEARCH CORP | COM | 512807108 |  | 1665649 | 3963 | SH |  | SOLE |  | 0 | 0 | 3963 |
| LILLY ELI  CO | COM | 532457108 |  | 987768 | 2700 | SH |  | SOLE |  | 0 | 0 | 2700 |
| LITMAN GREGORY FDS TR | IMGP DBI MANAGED | 53700T827 |  | 4698645 | 161410 | SH |  | SOLE |  | 0 | 0 | 161410 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 904385 | 1859 | SH |  | SOLE |  | 0 | 0 | 1859 |
| LOWES COS INC | COM | 548661107 |  | 1454452 | 7300 | SH |  | SOLE |  | 0 | 0 | 7300 |
| MARATHON PETE CORP | COM | 56585A102 |  | 204110 | 1754 | SH |  | SOLE |  | 0 | 0 | 1754 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 657905 | 1892 | SH |  | SOLE |  | 0 | 0 | 1892 |
| MCDONALDS CORP | COM | 580135101 |  | 386599 | 1467 | SH |  | SOLE |  | 0 | 0 | 1467 |
| MERCK  CO INC | COM | 58933Y105 |  | 1710429 | 15416 | SH |  | SOLE |  | 0 | 0 | 15416 |
| MICROSOFT CORP | COM | 594918104 |  | 2990230 | 12469 | SH |  | SOLE |  | 0 | 0 | 12469 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 748176 | 8800 | SH |  | SOLE |  | 0 | 0 | 8800 |
| MORGAN STANLEY EMERGING MKTS | COM | 617477104 |  | 202400 | 46000 | SH |  | SOLE |  | 0 | 0 | 46000 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 |  | 257710 | 1000 | SH |  | SOLE |  | 0 | 0 | 1000 |
| NEUBERGER BERMAN REAL ESTATE | COM | 64190A103 |  | 87640 | 28000 | SH |  | SOLE |  | 0 | 0 | 28000 |
| NEWMONT CORP | COM | 651639106 |  | 435656 | 9230 | SH |  | SOLE |  | 0 | 0 | 9230 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 1559474 | 18654 | SH |  | SOLE |  | 0 | 0 | 18654 |
| NIKE INC | CL B | 654106103 |  | 312417 | 2670 | SH |  | SOLE |  | 0 | 0 | 2670 |
| NOVARTIS AG | SPONSORED ADR | 66987V109 |  | 571317 | 6298 | SH |  | SOLE |  | 0 | 0 | 6298 |
| NUCOR CORP | COM | 670346105 |  | 1146747 | 8700 | SH |  | SOLE |  | 0 | 0 | 8700 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 610573 | 4178 | SH |  | SOLE |  | 0 | 0 | 4178 |
| NUVEEN SR INCOME FD | COM | 67067Y104 |  | 368577 | 80300 | SH |  | SOLE |  | 0 | 0 | 80300 |
| NUVEEN PFD  INCOME OPPORTUN | COM | 67073B106 |  | 1033032 | 141900 | SH |  | SOLE |  | 0 | 0 | 141900 |
| NUVEEN PFD  INCOME TERM FD | COM | 67075A106 |  | 848902 | 45689 | SH |  | SOLE |  | 0 | 0 | 45689 |
| NUTRIEN LTD | COM | 67077M108 |  | 248302 | 3400 | SH |  | SOLE |  | 0 | 0 | 3400 |
| OCCIDENTAL PETE CORP | COM | 674599105 |  | 633162 | 10052 | SH |  | SOLE |  | 0 | 0 | 10052 |
| ORACLE CORP | COM | 68389X105 |  | 302438 | 3700 | SH |  | SOLE |  | 0 | 0 | 3700 |
| PNC FINL SVCS GROUP INC | COM | 693475105 |  | 442232 | 2800 | SH |  | SOLE |  | 0 | 0 | 2800 |
| PFIZER INC | COM | 717081103 |  | 1360352 | 26549 | SH |  | SOLE |  | 0 | 0 | 26549 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 698248 | 6899 | SH |  | SOLE |  | 0 | 0 | 6899 |
| PHILLIPS 66 | COM | 718546104 |  | 328060 | 3152 | SH |  | SOLE |  | 0 | 0 | 3152 |
| PIMCO DYNAMIC INCOME FD | SHS | 72201Y101 |  | 979976 | 53029 | SH |  | SOLE |  | 0 | 0 | 53029 |
| PIONEER NAT RES CO | COM | 723787107 |  | 964948 | 4225 | SH |  | SOLE |  | 0 | 0 | 4225 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 664287 | 4383 | SH |  | SOLE |  | 0 | 0 | 4383 |
| PROSHARES TR | ULTRASHRT S | 74347G416 |  | 239044 | 5200 | SH |  | SOLE |  | 0 | 0 | 5200 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 805626 | 8100 | SH |  | SOLE |  | 0 | 0 | 8100 |
| QUALCOMM INC | COM | 747525103 |  | 562123 | 5113 | SH |  | SOLE |  | 0 | 0 | 5113 |
| RADIAN GROUP INC | COM | 750236101 |  | 228840 | 12000 | SH |  | SOLE |  | 0 | 0 | 12000 |
| RAYTHEON TECHNOLOGIES CORP | COM | 75513E101 |  | 607135 | 6016 | SH |  | SOLE |  | 0 | 0 | 6016 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 |  | 223662 | 310 | SH |  | SOLE |  | 0 | 0 | 310 |
| ROPER TECHNOLOGIES INC | COM | 776696106 |  | 216045 | 500 | SH |  | SOLE |  | 0 | 0 | 500 |
| SHELL PLC | SPON ADS | 780259305 |  | 347395 | 6100 | SH |  | SOLE |  | 0 | 0 | 6100 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 7403080 | 19358 | SH |  | SOLE |  | 0 | 0 | 19358 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 2656053 | 15657 | SH |  | SOLE |  | 0 | 0 | 15657 |
| SPDR INDEX SHS FDS | PORTFOLIO EMG MK | 78463X509 |  | 330253 | 10020 | SH |  | SOLE |  | 0 | 0 | 10020 |
| SPDR SER TR | PORTFOLIO INTRMD | 78464A375 |  | 2135188 | 67081 | SH |  | SOLE |  | 0 | 0 | 67081 |
| SPDR SER TR | PRTFLO S VL | 78464A508 |  | 1309387 | 33669 | SH |  | SOLE |  | 0 | 0 | 33669 |
| SPDR SER TR | PORTFOLIO AGRGTE | 78464A649 |  | 2611258 | 103910 | SH |  | SOLE |  | 0 | 0 | 103910 |
| SPDR SER TR | PORTFOLIO LN TSR | 78464A664 |  | 1828890 | 63000 | SH |  | SOLE |  | 0 | 0 | 63000 |
| SPDR SER TR | S METALS MNG | 78464A755 |  | 552692 | 11096 | SH |  | SOLE |  | 0 | 0 | 11096 |
| SPDR SER TR | PORTFOLIO S | 78464A854 |  | 3058373 | 67994 | SH |  | SOLE |  | 0 | 0 | 67994 |
| SPDR SER TR | S HOMEBUILD | 78464A888 |  | 223486 | 3705 | SH |  | SOLE |  | 0 | 0 | 3705 |
| SPDR SER TR | S OILGAS EXP | 78468R556 |  | 889335 | 6545 | SH |  | SOLE |  | 0 | 0 | 6545 |
| SPDR SER TR | PORTFOLIO S | 78468R853 |  | 439241 | 11881 | SH |  | SOLE |  | 0 | 0 | 11881 |
| SPDR SER TR | BLOOMBERG 1 10 Y | 78468R861 |  | 184500 | 10000 | SH |  | SOLE |  | 0 | 0 | 10000 |
| SANOFI | SPONSORED ADR | 80105N105 |  | 322060 | 6650 | SH |  | SOLE |  | 0 | 0 | 6650 |
| SCHLUMBERGER LTD | COM STK | 806857108 |  | 495735 | 9273 | SH |  | SOLE |  | 0 | 0 | 9273 |
| SELECT SECTOR SPDR TR | SBI MATERIALS | 81369Y100 |  | 302408 | 3893 | SH |  | SOLE |  | 0 | 0 | 3893 |
| SELECT SECTOR SPDR TR | SBI HEALTHCARE | 81369Y209 |  | 1071041 | 7884 | SH |  | SOLE |  | 0 | 0 | 7884 |
| SELECT SECTOR SPDR TR | SBI CONS DISCR | 81369Y407 |  | 529427 | 4099 | SH |  | SOLE |  | 0 | 0 | 4099 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 |  | 1162826 | 13294 | SH |  | SOLE |  | 0 | 0 | 13294 |
| SELECT SECTOR SPDR TR | FINANCIAL | 81369Y605 |  | 1533425 | 44837 | SH |  | SOLE |  | 0 | 0 | 44837 |
| SELECT SECTOR SPDR TR | SBI INT-INDS | 81369Y704 |  | 372216 | 3790 | SH |  | SOLE |  | 0 | 0 | 3790 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 |  | 1484694 | 11931 | SH |  | SOLE |  | 0 | 0 | 11931 |
| SELECT SECTOR SPDR TR | SBI INT-UTILS | 81369Y886 |  | 602916 | 8552 | SH |  | SOLE |  | 0 | 0 | 8552 |
| SNOWFLAKE INC | CL A | 833445109 |  | 256937 | 1790 | SH |  | SOLE |  | 0 | 0 | 1790 |
| SPROTT PHYSICAL GOLD TR | UNIT | 85207H104 |  | 389160 | 27600 | SH |  | SOLE |  | 0 | 0 | 27600 |
| SPROTT PHYSICAL SILVER TR | TR UNIT | 85207K107 |  | 135960 | 16500 | SH |  | SOLE |  | 0 | 0 | 16500 |
| STARWOOD PPTY TR INC | COM | 85571B105 |  | 1501165 | 81897 | SH |  | SOLE |  | 0 | 0 | 81897 |
| TARGET CORP | COM | 87612E106 |  | 500178 | 3356 | SH |  | SOLE |  | 0 | 0 | 3356 |
| TEXAS INSTRS INC | COM | 882508104 |  | 774056 | 4685 | SH |  | SOLE |  | 0 | 0 | 4685 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 630540 | 1145 | SH |  | SOLE |  | 0 | 0 | 1145 |
| TOTALENERGIES SE | SPONSORED ADS | 89151E109 |  | 210451 | 3390 | SH |  | SOLE |  | 0 | 0 | 3390 |
| UNION PAC CORP | COM | 907818108 |  | 409377 | 1977 | SH |  | SOLE |  | 0 | 0 | 1977 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 532298 | 3062 | SH |  | SOLE |  | 0 | 0 | 3062 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 3114277 | 5874 | SH |  | SOLE |  | 0 | 0 | 5874 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 684410 | 5395 | SH |  | SOLE |  | 0 | 0 | 5395 |
| VANECK ETF TRUST | GOLD MINERS ETF | 92189F106 |  | 1157950 | 40403 | SH |  | SOLE |  | 0 | 0 | 40403 |
| VANECK ETF TRUST | SEMICONDUCTR ETF | 92189F676 |  | 285942 | 1409 | SH |  | SOLE |  | 0 | 0 | 1409 |
| VANECK ETF TRUST | OIL SERVICES ETF | 92189H607 |  | 1450318 | 4770 | SH |  | SOLE |  | 0 | 0 | 4770 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 36049807 | 237404 | SH |  | SOLE |  | 0 | 0 | 237404 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 1305044 | 31095 | SH |  | SOLE |  | 0 | 0 | 31095 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 2652009 | 68035 | SH |  | SOLE |  | 0 | 0 | 68035 |
| VANGUARD INTL EQUITY INDEX F | FTSE EUROPE ETF | 922042874 |  | 1532698 | 27646 | SH |  | SOLE |  | 0 | 0 | 27646 |
| VANGUARD WORLD FDS | INF TECH ETF | 92204A702 |  | 3301422 | 10336 | SH |  | SOLE |  | 0 | 0 | 10336 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 1445061 | 4113 | SH |  | SOLE |  | 0 | 0 | 4113 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 412400 | 5000 | SH |  | SOLE |  | 0 | 0 | 5000 |
| VANGUARD INDEX FDS | SM CP VAL ETF | 922908611 |  | 2863323 | 18031 | SH |  | SOLE |  | 0 | 0 | 18031 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 12191696 | 86854 | SH |  | SOLE |  | 0 | 0 | 86854 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 578195 | 14675 | SH |  | SOLE |  | 0 | 0 | 14675 |
| VISA INC | COM CL A | 92826C839 |  | 1699685 | 8181 | SH |  | SOLE |  | 0 | 0 | 8181 |
| VIRTUS CONVERTIBLE  INC 202 | COM | 92838R105 |  | 640155 | 74092 | SH |  | SOLE |  | 0 | 0 | 74092 |
| VIRTUS CONVERTIBLE  INCOME | COM | 92838X102 |  | 247117 | 72682 | SH |  | SOLE |  | 0 | 0 | 72682 |
| WALMART INC | COM | 931142103 |  | 588712 | 4152 | SH |  | SOLE |  | 0 | 0 | 4152 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 307528 | 7448 | SH |  | SOLE |  | 0 | 0 | 7448 |
| WESTERN ASSET HIGH YIELD DEF | COM | 95768B107 |  | 1609571 | 128972 | SH |  | SOLE |  | 0 | 0 | 128972 |
| WISDOMTREE TR | US LARGECAP FUND | 97717W588 |  | 285655 | 6870 | SH |  | SOLE |  | 0 | 0 | 6870 |
| WISDOMTREE TR | JP SMALLCP DIV | 97717W836 |  | 211649 | 3351 | SH |  | SOLE |  | 0 | 0 | 3351 |
| XPO INC | COM | 983793100 |  | 259662 | 7800 | SH |  | SOLE |  | 0 | 0 | 7800 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 244425 | 916 | SH |  | SOLE |  | 0 | 0 | 916 |
| EVEREST RE GROUP LTD | COM | G3223R108 |  | 248452 | 750 | SH |  | SOLE |  | 0 | 0 | 750 |
| CHUBB LIMITED | COM | H1467J104 |  | 371932 | 1686 | SH |  | SOLE |  | 0 | 0 | 1686 |
| LYONDELLBASELL INDUSTRIES N | SHS - A - | N53745100 |  | 469120 | 5650 | SH |  | SOLE |  | 0 | 0 | 5650 |

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