# EDGAR Filing Document

**Accession Number:** 0001906866
**File Stem:** 0001398344-23-003112
**Filing Date:** 2023-2
**Character Count:** 22612
**Document Hash:** 0e1afa5a046827505db8a29cdfb3ecd4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001398344-23-003112.hdr.sgml**: 20230214

**ACCESSION NUMBER**: 0001398344-23-003112

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230214

**DATE AS OF CHANGE**: 20230214

**EFFECTIVENESS DATE**: 20230214

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MATRIX PRIVATE CAPITAL GROUP LLC
- **CENTRAL INDEX KEY:** 0001906866
- **IRS NUMBER:** 384016001
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-22052
- **FILM NUMBER:** 23623131

**BUSINESS ADDRESS:**
- **STREET 1:** 400 PARK AVE
- **STREET 2:** SUITE 610
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022
- **BUSINESS PHONE:** (212) 254-4878

**MAIL ADDRESS:**
- **STREET 1:** 400 PARK AVE
- **STREET 2:** SUITE 610
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022

### 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:** MATRIX PRIVATE CAPITAL GROUP LLC<br>**Address:** 400 PARK AVE<br>SUITE 610<br>NEW YORK, NY 10022

**Form 13F File Number:** 028-22052

**CRD Number (if applicable):** 000285531

**SEC File Number (if applicable):** 801-108654

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:** Richard Kravitz<br>**Title:** Chief Financial Officer<br>**Phone:** 212-756-8655

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

/s/ Richard Kravitz  New York, NY  02-14-2023<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:** 191

**Form 13F Information Table Value Total:** $153366192

      (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 |  | 389500 | 3248 | SH |  | SOLE |  | 0 | 0 | 3248 |
| ABBVIE INC | COM | 00287Y109 |  | 363461 | 2249 | SH |  | SOLE |  | 0 | 0 | 2249 |
| AEYE INC | CL A COM | 008183105 |  | 14899 | 31000 | SH |  | SOLE |  | 0 | 0 | 31000 |
| ALLSTATE CORP | COM | 020002101 |  | 368006 | 2697 | SH |  | SOLE |  | 0 | 0 | 2697 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 267521 | 3015 | SH |  | SOLE |  | 0 | 0 | 3015 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 648579 | 7351 | SH |  | SOLE |  | 0 | 0 | 7351 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 641764 | 13757 | SH |  | SOLE |  | 0 | 0 | 13757 |
| AMAZON COM INC | COM | 023135106 |  | 1018949 | 12130 | SH |  | SOLE |  | 0 | 0 | 12130 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 249382 | 1169 | SH |  | SOLE |  | 0 | 0 | 1169 |
| APPLE INC | COM | 037833100 |  | 3349547 | 25780 | SH |  | SOLE |  | 0 | 0 | 25780 |
| ASML HOLDING N V | N Y REGISTRY SHS | N07059210 |  | 223478 | 409 | SH |  | SOLE |  | 0 | 0 | 409 |
| BANK AMERICA CORP | COM | 060505104 |  | 244359 | 7378 | SH |  | SOLE |  | 0 | 0 | 7378 |
| BERKLEY W R CORP | COM | 084423102 |  | 472068 | 6505 | SH |  | SOLE |  | 0 | 0 | 6505 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 |  | 468711 | 1 | SH |  | SOLE |  | 0 | 0 | 1 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 578477 | 1873 | SH |  | SOLE |  | 0 | 0 | 1873 |
| BLACKROCK DEBT STRATEGIES FD | COM NEW | 09255R202 |  | 1480921 | 160970 | SH |  | SOLE |  | 0 | 0 | 160970 |
| BLACKSTONE INC | COM | 09260D107 |  | 1751062 | 23602 | SH |  | SOLE |  | 0 | 0 | 23602 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 203543 | 101 | SH |  | SOLE |  | 0 | 0 | 101 |
| BRIDGE INVT GROUP HLDGS INC | COM CL A | 10806B100 |  | 407892 | 33850 | SH |  | SOLE |  | 0 | 0 | 33850 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 240961 | 3349 | SH |  | SOLE |  | 0 | 0 | 3349 |
| BROADCOM INC | COM | 11135F101 |  | 768804 | 1375 | SH |  | SOLE |  | 0 | 0 | 1375 |
| CAMPING WORLD HLDGS INC | CL A | 13462K109 |  | 335246 | 15020 | SH |  | SOLE |  | 0 | 0 | 15020 |
| CARLISLE COS INC | COM | 142339100 |  | 319777 | 1357 | SH |  | SOLE |  | 0 | 0 | 1357 |
| CDW CORP | COM | 12514G108 |  | 405913 | 2273 | SH |  | SOLE |  | 0 | 0 | 2273 |
| CHEVRON CORP NEW | COM | 166764100 |  | 3484260 | 19412 | SH |  | SOLE |  | 0 | 0 | 19412 |
| CIGNA CORP NEW | COM | 125523100 |  | 467521 | 1411 | SH |  | SOLE |  | 0 | 0 | 1411 |
| COHEN  STEERS INFRASTRUCTUR | COM | 19248A109 |  | 431820 | 18000 | SH |  | SOLE |  | 0 | 0 | 18000 |
| COPART INC | COM | 217204106 |  | 215977 | 3547 | SH |  | SOLE |  | 0 | 0 | 3547 |
| CVS HEALTH CORP | COM | 126650100 |  | 1334760 | 14323 | SH |  | SOLE |  | 0 | 0 | 14323 |
| DISNEY WALT CO | COM | 254687106 |  | 948816 | 10921 | SH |  | SOLE |  | 0 | 0 | 10921 |
| DOUBLELINE INCOME SOLUTIONS | COM | 258622109 |  | 1478885 | 133353 | SH |  | SOLE |  | 0 | 0 | 133353 |
| DOUGLAS ELLIMAN INC | COM | 25961D105 |  | 106068 | 26061 | SH |  | SOLE |  | 0 | 0 | 26061 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 228844 | 2222 | SH |  | SOLE |  | 0 | 0 | 2222 |
| EAGLE POINT CREDIT COMPANY I | COM | 269808101 |  | 708292 | 66600 | SH |  | SOLE |  | 0 | 0 | 66600 |
| EATON VANCE TAX-MANAGED DIVE | COM | 27828N102 |  | 6143129 | 565666 | SH |  | SOLE |  | 0 | 0 | 565666 |
| EATON VANCE TAX-MANAGED GLOB | COM | 27829F108 |  | 234193 | 31019 | SH |  | SOLE |  | 0 | 0 | 31019 |
| EDWARDS LIFESCIENCES CORP | COM | 28176E108 |  | 318137 | 4264 | SH |  | SOLE |  | 0 | 0 | 4264 |
| EMERSON ELEC CO | COM | 291011104 |  | 437649 | 4556 | SH |  | SOLE |  | 0 | 0 | 4556 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 1391568 | 117234 | SH |  | SOLE |  | 0 | 0 | 117234 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 1132145 | 46938 | SH |  | SOLE |  | 0 | 0 | 46938 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 330709 | 2998 | SH |  | SOLE |  | 0 | 0 | 2998 |
| FAIR ISAAC CORP | COM | 303250104 |  | 290611 | 486 | SH |  | SOLE |  | 0 | 0 | 486 |
| FASTENAL CO | COM | 311900104 |  | 256616 | 5423 | SH |  | SOLE |  | 0 | 0 | 5423 |
| FIFTH THIRD BANCORP | COM | 316773100 |  | 257432 | 7768 | SH |  | SOLE |  | 0 | 0 | 7768 |
| FIRST TR EXCH TRADED FD III | PFD SECS INC ETF | 33739E108 |  | 484882 | 28862 | SH |  | SOLE |  | 0 | 0 | 28862 |
| FIRST TR EXCHANGE-TRADED FD | NO AMER ENERGY | 33738D101 |  | 368482 | 13806 | SH |  | SOLE |  | 0 | 0 | 13806 |
| GLOBAL X FDS | GLBL X MLP ETF | 37954Y343 |  | 965154 | 23375 | SH |  | SOLE |  | 0 | 0 | 23375 |
| GLOBAL X FDS | NASDAQ 100 COVER | 37954Y483 |  | 41786 | 2600 | SH |  | SOLE |  | 0 | 0 | 2600 |
| HCA HEALTHCARE INC | COM | 40412C101 |  | 354841 | 1479 | SH |  | SOLE |  | 0 | 0 | 1479 |
| HUNT J B TRANS SVCS INC | COM | 445658107 |  | 253694 | 1455 | SH |  | SOLE |  | 0 | 0 | 1455 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 616957 | 4379 | SH |  | SOLE |  | 0 | 0 | 4379 |
| INVESCO DB COMMDY INDX TRCK | UNIT | 46138B103 |  | 820598 | 33290 | SH |  | SOLE |  | 0 | 0 | 33290 |
| INVESCO EXCH TRADED FD TR II | SR LN ETF | 46138G508 |  | 2327391 | 113365 | SH |  | SOLE |  | 0 | 0 | 113365 |
| INVESCO EXCH TRADED FD TR II | S MDCP 400 REV | 46138G672 |  | 141942 | 1653 | SH |  | SOLE |  | 0 | 0 | 1653 |
| INVESCO EXCH TRADED FD TR II | S 500 REVENUE | 46138G698 |  | 94495 | 1278 | SH |  | SOLE |  | 0 | 0 | 1278 |
| INVESCO EXCH TRADED FD TR II | GBL CLEAN ENRG | 46138G847 |  | 9621 | 524 | SH |  | SOLE |  | 0 | 0 | 524 |
| INVESCO EXCHANGE TRADED FD T | AEROSPACE DEFN | 46137V100 |  | 115640 | 1475 | SH |  | SOLE |  | 0 | 0 | 1475 |
| INVESCO EXCHANGE TRADED FD T | WATER RES ETF | 46137V142 |  | 24327 | 472 | SH |  | SOLE |  | 0 | 0 | 472 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 59890 | 424 | SH |  | SOLE |  | 0 | 0 | 424 |
| INVESCO EXCHANGE TRADED FD T | FTSE RAFI 1000 | 46137V613 |  | 4034 | 26 | SH |  | SOLE |  | 0 | 0 | 26 |
| INVESCO EXCHANGE TRADED FD T | DYNMC PHRMCTLS | 46137V662 |  | 227222 | 2891 | SH |  | SOLE |  | 0 | 0 | 2891 |
| INVESCO EXCHANGE TRADED FD T | DYNMC LRG VALU | 46137V738 |  | 2824 | 60 | SH |  | SOLE |  | 0 | 0 | 60 |
| INVESCO EXCHANGE TRADED FD T | DYNMC FOOD BEV | 46137V753 |  | 56241 | 1232 | SH |  | SOLE |  | 0 | 0 | 1232 |
| ISHARES TR | S 100 ETF | 464287101 |  | 55265 | 324 | SH |  | SOLE |  | 0 | 0 | 324 |
| ISHARES TR | CORE S TTL STK | 464287150 |  | 12386 | 146 | SH |  | SOLE |  | 0 | 0 | 146 |
| ISHARES TR | SELECT DIVID ETF | 464287168 |  | 168116 | 1394 | SH |  | SOLE |  | 0 | 0 | 1394 |
| ISHARES TR | TIPS BD ETF | 464287176 |  | 3577922 | 33614 | SH |  | SOLE |  | 0 | 0 | 33614 |
| ISHARES TR | CORE S ETF | 464287200 |  | 4022767 | 10470 | SH |  | SOLE |  | 0 | 0 | 10470 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 666612 | 6873 | SH |  | SOLE |  | 0 | 0 | 6873 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 186999 | 4934 | SH |  | SOLE |  | 0 | 0 | 4934 |
| ISHARES TR | S 500 GRWT ETF | 464287309 |  | 1981922 | 33879 | SH |  | SOLE |  | 0 | 0 | 33879 |
| ISHARES TR | S 500 VAL ETF | 464287408 |  | 648753 | 4472 | SH |  | SOLE |  | 0 | 0 | 4472 |
| ISHARES TR | 20 YR TR BD ETF | 464287432 |  | 20185 | 203 | SH |  | SOLE |  | 0 | 0 | 203 |
| ISHARES TR | 1 3 YR TREAS BD | 464287457 |  | 6981 | 86 | SH |  | SOLE |  | 0 | 0 | 86 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 2150760 | 32766 | SH |  | SOLE |  | 0 | 0 | 32766 |
| ISHARES TR | RUS MDCP VAL ETF | 464287473 |  | 12641 | 120 | SH |  | SOLE |  | 0 | 0 | 120 |
| ISHARES TR | RUS MD CP GR ETF | 464287481 |  | 75240 | 900 | SH |  | SOLE |  | 0 | 0 | 900 |
| ISHARES TR | RUS MID CAP ETF | 464287499 |  | 1009996 | 14974 | SH |  | SOLE |  | 0 | 0 | 14974 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 6284894 | 25982 | SH |  | SOLE |  | 0 | 0 | 25982 |
| ISHARES TR | EXPND TEC SC ETF | 464287549 |  | 16800 | 60 | SH |  | SOLE |  | 0 | 0 | 60 |
| ISHARES TR | COHEN STEER REIT | 464287564 |  | 7129 | 130 | SH |  | SOLE |  | 0 | 0 | 130 |
| ISHARES TR | GLOBAL 100 ETF | 464287572 |  | 18895 | 295 | SH |  | SOLE |  | 0 | 0 | 295 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 |  | 183660 | 1211 | SH |  | SOLE |  | 0 | 0 | 1211 |
| ISHARES TR | S MC 400GR ETF | 464287606 |  | 10928 | 160 | SH |  | SOLE |  | 0 | 0 | 160 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 1060233 | 4949 | SH |  | SOLE |  | 0 | 0 | 4949 |
| ISHARES TR | RUS 2000 VAL ETF | 464287630 |  | 119256 | 860 | SH |  | SOLE |  | 0 | 0 | 860 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 759861 | 4358 | SH |  | SOLE |  | 0 | 0 | 4358 |
| ISHARES TR | CORE S US GWT | 464287671 |  | 32620 | 400 | SH |  | SOLE |  | 0 | 0 | 400 |
| ISHARES TR | RUSSELL 3000 ETF | 464287689 |  | 891547 | 4040 | SH |  | SOLE |  | 0 | 0 | 4040 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 6214202 | 65661 | SH |  | SOLE |  | 0 | 0 | 65661 |
| ISHARES TR | S SML 600 GWT | 464287887 |  | 38689 | 358 | SH |  | SOLE |  | 0 | 0 | 358 |
| ISHARES TR | INTL TREA BD ETF | 464288117 |  | 3175 | 81 | SH |  | SOLE |  | 0 | 0 | 81 |
| ISHARES TR | MRGSTR MD CP ETF | 464288208 |  | 148480 | 2531 | SH |  | SOLE |  | 0 | 0 | 2531 |
| ISHARES TR | GL CLEAN ENE ETF | 464288224 |  | 2518 | 127 | SH |  | SOLE |  | 0 | 0 | 127 |
| ISHARES TR | EAFE SML CP ETF | 464288273 |  | 8416 | 149 | SH |  | SOLE |  | 0 | 0 | 149 |
| ISHARES TR | GLB INFRASTR ETF | 464288372 |  | 313591 | 6841 | SH |  | SOLE |  | 0 | 0 | 6841 |
| ISHARES TR | NATIONAL MUN ETF | 464288414 |  | 813559 | 7710 | SH |  | SOLE |  | 0 | 0 | 7710 |
| ISHARES TR | MRGSTR SM CP ETF | 464288505 |  | 36116 | 792 | SH |  | SOLE |  | 0 | 0 | 792 |
| ISHARES TR | MSCI KLD400 SOC | 464288570 |  | 73369 | 1022 | SH |  | SOLE |  | 0 | 0 | 1022 |
| ISHARES TR | PFD AND INCM SEC | 464288687 |  | 2927071 | 95875 | SH |  | SOLE |  | 0 | 0 | 95875 |
| ISHARES TR | EAFE VALUE ETF | 464288877 |  | 58176 | 1268 | SH |  | SOLE |  | 0 | 0 | 1268 |
| ISHARES TR | EAFE GRWTH ETF | 464288885 |  | 112490 | 1343 | SH |  | SOLE |  | 0 | 0 | 1343 |
| ISHARES TR | MSCI INDIA ETF | 46429B598 |  | 74172 | 1777 | SH |  | SOLE |  | 0 | 0 | 1777 |
| ISHARES TR | CORE HIGH DV ETF | 46429B663 |  | 47147 | 452 | SH |  | SOLE |  | 0 | 0 | 452 |
| ISHARES TR | MSCI USA MIN VOL | 46429B697 |  | 487829 | 6766 | SH |  | SOLE |  | 0 | 0 | 6766 |
| ISHARES TR | 0-5 YR TIPS ETF | 46429B747 |  | 469442 | 4842 | SH |  | SOLE |  | 0 | 0 | 4842 |
| ISHARES TR | MSCI USA QLT FCT | 46432F339 |  | 119544 | 1049 | SH |  | SOLE |  | 0 | 0 | 1049 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 |  | 8303723 | 134713 | SH |  | SOLE |  | 0 | 0 | 134713 |
| ISHARES TR | CORE 1 5 YR USD | 46432F859 |  | 29954 | 645 | SH |  | SOLE |  | 0 | 0 | 645 |
| J P MORGAN EXCHANGE TRADED F | US QUALTY FCTR | 46641Q761 |  | 113538 | 2930 | SH |  | SOLE |  | 0 | 0 | 2930 |
| J P MORGAN EXCHANGE TRADED F | DIVERSFED RTRN | 46641Q886 |  | 120705 | 1434 | SH |  | SOLE |  | 0 | 0 | 1434 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 310197 | 1756 | SH |  | SOLE |  | 0 | 0 | 1756 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 1765961 | 13169 | SH |  | SOLE |  | 0 | 0 | 13169 |
| LINDE PLC | SHS | G5494J103 |  | 443605 | 1360 | SH |  | SOLE |  | 0 | 0 | 1360 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 329354 | 677 | SH |  | SOLE |  | 0 | 0 | 677 |
| MAGELLAN MIDSTREAM PRTNRS LP | COM UNIT RP LP | 559080106 |  | 251050 | 5000 | SH |  | SOLE |  | 0 | 0 | 5000 |
| MANHATTAN ASSOCIATES INC | COM | 562750109 |  | 239097 | 1970 | SH |  | SOLE |  | 0 | 0 | 1970 |
| MARRIOTT INTL INC NEW | CL A | 571903202 |  | 209488 | 1407 | SH |  | SOLE |  | 0 | 0 | 1407 |
| MARTIN MIDSTREAM PRTNRS L P | UNIT L P INT | 573331105 |  | 59100 | 19700 | SH |  | SOLE |  | 0 | 0 | 19700 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 254886 | 733 | SH |  | SOLE |  | 0 | 0 | 733 |
| MERCK  CO INC | COM | 58933Y105 |  | 960560 | 8601 | SH |  | SOLE |  | 0 | 0 | 8601 |
| MICROSOFT CORP | COM | 594918104 |  | 842727 | 3514 | SH |  | SOLE |  | 0 | 0 | 3514 |
| MONEYLION INC | CL A | 60938K106 |  | 28723 | 46327 | SH |  | SOLE |  | 0 | 0 | 46327 |
| MONEYLION INC | *W EXP 09/22/202 | 60938K114 |  | 11662 | 283753 | SH |  | SOLE |  | 0 | 0 | 283753 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 |  | 208424 | 806 | SH |  | SOLE |  | 0 | 0 | 806 |
| MPLX LP | COM UNIT REP LTD | 55336V100 |  | 420221 | 12796 | SH |  | SOLE |  | 0 | 0 | 12796 |
| NATURAL RESOURCE PARTNERS L | COM UNIT LTD PAR | 63900P608 |  | 305878 | 5630 | SH |  | SOLE |  | 0 | 0 | 5630 |
| NEUBERGER BERMAN HIGH YIELD | COM | 64128C106 |  | 183768 | 21569 | SH |  | SOLE |  | 0 | 0 | 21569 |
| NUVEEN QUALITY MUNCP INCOME | COM | 67066V101 |  | 212400 | 18000 | SH |  | SOLE |  | 0 | 0 | 18000 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 641847 | 4392 | SH |  | SOLE |  | 0 | 0 | 4392 |
| OLD REP INTL CORP | COM | 680223104 |  | 304821 | 12622 | SH |  | SOLE |  | 0 | 0 | 12622 |
| PACER FDS TR | INDUSTRIAL RELET | 69374H766 |  | 200358 | 5446 | SH |  | SOLE |  | 0 | 0 | 5446 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 102720 | 16000 | SH |  | SOLE |  | 0 | 0 | 16000 |
| PFIZER INC | COM | 717081103 |  | 679494 | 13261 | SH |  | SOLE |  | 0 | 0 | 13261 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 1683849 | 16431 | SH |  | SOLE |  | 0 | 0 | 16431 |
| RENTOKIL INITIAL PLC | SPONSORED ADR | 760125104 |  | 230428 | 7479 | SH |  | SOLE |  | 0 | 0 | 7479 |
| ROSS STORES INC | COM | 778296103 |  | 200569 | 1728 | SH |  | SOLE |  | 0 | 0 | 1728 |
| SELECT SECTOR SPDR TR | SBI HEALTHCARE | 81369Y209 |  | 1046164 | 7701 | SH |  | SOLE |  | 0 | 0 | 7701 |
| SELECT SECTOR SPDR TR | SBI CONS STPLS | 81369Y308 |  | 708451 | 9503 | SH |  | SOLE |  | 0 | 0 | 9503 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 |  | 7054178 | 80647 | SH |  | SOLE |  | 0 | 0 | 80647 |
| SELECT SECTOR SPDR TR | FINANCIAL | 81369Y605 |  | 531947 | 15554 | SH |  | SOLE |  | 0 | 0 | 15554 |
| SELECT SECTOR SPDR TR | SBI INT-INDS | 81369Y704 |  | 638127 | 6498 | SH |  | SOLE |  | 0 | 0 | 6498 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 |  | 408412 | 3282 | SH |  | SOLE |  | 0 | 0 | 3282 |
| SELECT SECTOR SPDR TR | SBI INT-UTILS | 81369Y886 |  | 728831 | 10338 | SH |  | SOLE |  | 0 | 0 | 10338 |
| SPDR INDEX SHS FDS | DJ GLB RL ES ETF | 78463X749 |  | 2113240 | 51668 | SH |  | SOLE |  | 0 | 0 | 51668 |
| SPDR INDEX SHS FDS | PORTFOLIO DEVLPD | 78463X889 |  | 11253 | 379 | SH |  | SOLE |  | 0 | 0 | 379 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 2208571 | 5748 | SH |  | SOLE |  | 0 | 0 | 5748 |
| SPDR SER TR | DJ REIT ETF | 78464A607 |  | 17430 | 200 | SH |  | SOLE |  | 0 | 0 | 200 |
| SPDR SER TR | S METALS MNG | 78464A755 |  | 352256 | 7072 | SH |  | SOLE |  | 0 | 0 | 7072 |
| SPDR SER TR | S DIVID ETF | 78464A763 |  | 447143 | 3574 | SH |  | SOLE |  | 0 | 0 | 3574 |
| SPDR SER TR | S INS ETF | 78464A789 |  | 468918 | 11451 | SH |  | SOLE |  | 0 | 0 | 11451 |
| SPDR SER TR | PORTFOLI S | 78464A805 |  | 167738 | 3547 | SH |  | SOLE |  | 0 | 0 | 3547 |
| SPDR SER TR | S 600 SML CAP | 78464A813 |  | 91006 | 1107 | SH |  | SOLE |  | 0 | 0 | 1107 |
| SPDR SER TR | S 400 MDCP VAL | 78464A839 |  | 1618 | 25 | SH |  | SOLE |  | 0 | 0 | 25 |
| SPDR SER TR | S HOMEBUILD | 78464A888 |  | 123173 | 2042 | SH |  | SOLE |  | 0 | 0 | 2042 |
| SPDR SER TR | S OILGAS EXP | 78468R556 |  | 259123 | 1907 | SH |  | SOLE |  | 0 | 0 | 1907 |
| SPDR SER TR | BLOOMBERG HIGH Y | 78468R622 |  | 342630 | 3807 | SH |  | SOLE |  | 0 | 0 | 3807 |
| SPROTT PHYSICAL SILVER TR | TR UNIT | 85207K107 |  | 82400 | 10000 | SH |  | SOLE |  | 0 | 0 | 10000 |
| SRH TOTAL RETURN FUND INC | COM | 101507101 |  | 130810 | 10300 | SH |  | SOLE |  | 0 | 0 | 10300 |
| STARBUCKS CORP | COM | 855244109 |  | 267741 | 2699 | SH |  | SOLE |  | 0 | 0 | 2699 |
| STARWOOD PPTY TR INC | COM | 85571B105 |  | 457083 | 24300 | SH |  | SOLE |  | 0 | 0 | 24300 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 323914 | 4321 | SH |  | SOLE |  | 0 | 0 | 4321 |
| TEKLA HEALTHCARE INVS | SH BEN INT | 87911J103 |  | 2842193 | 157900 | SH |  | SOLE |  | 0 | 0 | 157900 |
| TELEFLEX INCORPORATED | COM | 879369106 |  | 201451 | 807 | SH |  | SOLE |  | 0 | 0 | 807 |
| TRACTOR SUPPLY CO | COM | 892356106 |  | 460289 | 2046 | SH |  | SOLE |  | 0 | 0 | 2046 |
| UNITED NAT FOODS INC | COM | 911163103 |  | 896136 | 23150 | SH |  | SOLE |  | 0 | 0 | 23150 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 296371 | 559 | SH |  | SOLE |  | 0 | 0 | 559 |
| US BANCORP DEL | COM NEW | 902973304 |  | 229224 | 5199 | SH |  | SOLE |  | 0 | 0 | 5199 |
| VANGUARD BD INDEX FDS | VANGUARD ULTRA | 92203C303 |  | 591430 | 12070 | SH |  | SOLE |  | 0 | 0 | 12070 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 631700 | 1798 | SH |  | SOLE |  | 0 | 0 | 1798 |
| VANGUARD INDEX FDS | MCAP VL IDXVIP | 922908512 |  | 103362 | 764 | SH |  | SOLE |  | 0 | 0 | 764 |
| VANGUARD INDEX FDS | MCAP GR IDXVIP | 922908538 |  | 140306 | 781 | SH |  | SOLE |  | 0 | 0 | 781 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 1591349 | 19294 | SH |  | SOLE |  | 0 | 0 | 19294 |
| VANGUARD INDEX FDS | SML CP GRW ETF | 922908595 |  | 40910 | 204 | SH |  | SOLE |  | 0 | 0 | 204 |
| VANGUARD INDEX FDS | SM CP VAL ETF | 922908611 |  | 39859 | 251 | SH |  | SOLE |  | 0 | 0 | 251 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 764288 | 3750 | SH |  | SOLE |  | 0 | 0 | 3750 |
| VANGUARD INDEX FDS | LARGE CAP ETF | 922908637 |  | 254332 | 1460 | SH |  | SOLE |  | 0 | 0 | 1460 |
| VANGUARD INDEX FDS | EXTEND MKT ETF | 922908652 |  | 39858 | 300 | SH |  | SOLE |  | 0 | 0 | 300 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 7031388 | 32994 | SH |  | SOLE |  | 0 | 0 | 32994 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 11453253 | 81593 | SH |  | SOLE |  | 0 | 0 | 81593 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 645510 | 3517 | SH |  | SOLE |  | 0 | 0 | 3517 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 707955 | 3703 | SH |  | SOLE |  | 0 | 0 | 3703 |
| VANGUARD INTL EQUITY INDEX F | FTSE SMCAP ETF | 922042718 |  | 44311 | 431 | SH |  | SOLE |  | 0 | 0 | 431 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 4829567 | 123899 | SH |  | SOLE |  | 0 | 0 | 123899 |
| VANGUARD WORLD FDS | ENERGY ETF | 92204A306 |  | 283355 | 2336 | SH |  | SOLE |  | 0 | 0 | 2336 |
| VANGUARD WORLD FDS | HEALTH CAR ETF | 92204A504 |  | 155910 | 629 | SH |  | SOLE |  | 0 | 0 | 629 |
| VECTOR GROUP LTD | COM | 92240M108 |  | 618202 | 52125 | SH |  | SOLE |  | 0 | 0 | 52125 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 463699 | 11769 | SH |  | SOLE |  | 0 | 0 | 11769 |
| VIRTU FINL INC | CL A | 928254101 |  | 373095 | 18280 | SH |  | SOLE |  | 0 | 0 | 18280 |
| VISA INC | COM CL A | 92826C839 |  | 472238 | 2273 | SH |  | SOLE |  | 0 | 0 | 2273 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 222760 | 5395 | SH |  | SOLE |  | 0 | 0 | 5395 |

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