# EDGAR Filing Document

**Accession Number:** 0001723115
**File Stem:** 0001723115-23-000001
**Filing Date:** 2023-2
**Character Count:** 10564
**Document Hash:** 9d7407ca5c0b4297fcd451a1e1cb18b9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001723115-23-000001.hdr.sgml**: 20230214

**ACCESSION NUMBER**: 0001723115-23-000001

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230214

**DATE AS OF CHANGE**: 20230213

**EFFECTIVENESS DATE**: 20230214

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Demars Financial Group, LLC
- **CENTRAL INDEX KEY:** 0001723115
- **IRS NUMBER:** 473158444
- **STATE OF INCORPORATION:** WA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-19971
- **FILM NUMBER:** 23620682

**BUSINESS ADDRESS:**
- **STREET 1:** 104 S FREYA STE 218
- **STREET 2:** LILAC FLAG BUILDING
- **CITY:** SPOKANE
- **STATE:** WA
- **ZIP:** 99202
- **BUSINESS PHONE:** 5095369556

**MAIL ADDRESS:**
- **STREET 1:** 104 S FREYA STE 218
- **STREET 2:** LILAC FLAG BUILDING
- **CITY:** SPOKANE
- **STATE:** WA
- **ZIP:** 99202

### 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:** Demars Financial Group LLC<br>**Address:** 104 S Freya Ste 218<br>Lilac Flag Building<br>Spokane, WA 99202

**Form 13F File Number:** 028-19971

**CRD Number (if applicable):** 000116257

**SEC File Number (if applicable):** 801-112885

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:** David Theodore Demars<br>**Title:** Managing Member/Chief Compliance Officer<br>**Phone:** 509-536-9556

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

/s/ David Theodore Demars  Spokane, WA  02-13-2023<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:** 69

**Form 13F Information Table Value Total:** $181348444

      (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 |
| ABBOTT LABS | COM | 002824100 |  | 348735 | 3176 | SH |  | SOLE |  | 0 | 0 | 3176 |
| ABBVIE INC | COM | 00287Y109 |  | 1859129 | 11504 | SH |  | SOLE |  | 0 | 0 | 11504 |
| ALLIANT ENERGY CORP | COM | 018802108 |  | 241256 | 4370 | SH |  | SOLE |  | 0 | 0 | 4370 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 303511 | 3440 | SH |  | SOLE |  | 0 | 0 | 3440 |
| AMAZON COM INC | COM | 023135106 |  | 4425120 | 52680 | SH |  | SOLE |  | 0 | 0 | 52680 |
| AMERICAN HOMES 4 RENT | CL A | 02665T306 |  | 3334107 | 110621 | SH |  | SOLE |  | 0 | 0 | 110621 |
| APPLE INC | COM | 037833100 |  | 3698147 | 28463 | SH |  | SOLE |  | 0 | 0 | 28463 |
| ARES CAPITAL CORP | COM | 04010L103 |  | 2075318 | 112362 | SH |  | SOLE |  | 0 | 0 | 112362 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 311989 | 1010 | SH |  | SOLE |  | 0 | 0 | 1010 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 4455331 | 61923 | SH |  | SOLE |  | 0 | 0 | 61923 |
| CF INDS HLDGS INC | COM | 125269100 |  | 2620326 | 30755 | SH |  | SOLE |  | 0 | 0 | 30755 |
| CHEVRON CORP NEW | COM | 166764100 |  | 334749 | 1865 | SH |  | SOLE |  | 0 | 0 | 1865 |
| CIGNA CORP NEW | COM | 125523100 |  | 2539631 | 7665 | SH |  | SOLE |  | 0 | 0 | 7665 |
| CROWN CASTLE INC | COM | 22822V101 |  | 441915 | 3258 | SH |  | SOLE |  | 0 | 0 | 3258 |
| DIGITAL RLTY TR INC | COM | 253868103 |  | 259491 | 2588 | SH |  | SOLE |  | 0 | 0 | 2588 |
| DOLLAR GEN CORP NEW | COM | 256677105 |  | 268750 | 1091 | SH |  | SOLE |  | 0 | 0 | 1091 |
| ENBRIDGE INC | COM | 29250N105 |  | 4909443 | 125561 | SH |  | SOLE |  | 0 | 0 | 125561 |
| EOG RES INC | COM | 26875P101 |  | 4180839 | 32279 | SH |  | SOLE |  | 0 | 0 | 32279 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 1417551 | 12852 | SH |  | SOLE |  | 0 | 0 | 12852 |
| FARMLAND PARTNERS INC | COM | 31154R109 |  | 3517470 | 282301 | SH |  | SOLE |  | 0 | 0 | 282301 |
| FIDELITY COVINGTON TRUST | CONSMR STAPLES | 316092303 |  | 231094 | 5157 | SH |  | SOLE |  | 0 | 0 | 5157 |
| FIDELITY COVINGTON TRUST | STOCK FOR INFL | 316092386 |  | 1084927 | 35054 | SH |  | SOLE |  | 0 | 0 | 35054 |
| FIDELITY COVINGTON TRUST | MSCI ENERGY IDX | 316092402 |  | 4607343 | 193261 | SH |  | SOLE |  | 0 | 0 | 193261 |
| FIDELITY COVINGTON TRUST | MSCI HLTH CARE I | 316092600 |  | 1691793 | 26443 | SH |  | SOLE |  | 0 | 0 | 26443 |
| FIDELITY COVINGTON TRUST | MSCI RL EST ETF | 316092857 |  | 747489 | 30129 | SH |  | SOLE |  | 0 | 0 | 30129 |
| FIDELITY COVINGTON TRUST | MSCI UTILS INDEX | 316092865 |  | 3236555 | 71008 | SH |  | SOLE |  | 0 | 0 | 71008 |
| FLOWERS FOODS INC | COM | 343498101 |  | 1955958 | 68057 | SH |  | SOLE |  | 0 | 0 | 68057 |
| FRANCO NEV CORP | COM | 351858105 |  | 594037 | 4353 | SH |  | SOLE |  | 0 | 0 | 4353 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 914570 | 3686 | SH |  | SOLE |  | 0 | 0 | 3686 |
| HF SINCLAIR CORP | COM | 403949100 |  | 243572 | 4694 | SH |  | SOLE |  | 0 | 0 | 4694 |
| HOME DEPOT INC | COM | 437076102 |  | 523528 | 1657 | SH |  | SOLE |  | 0 | 0 | 1657 |
| HUNT J B TRANS SVCS INC | COM | 445658107 |  | 632526 | 3628 | SH |  | SOLE |  | 0 | 0 | 3628 |
| HUNTINGTON INGALLS INDS INC | COM | 446413106 |  | 1559627 | 6761 | SH |  | SOLE |  | 0 | 0 | 6761 |
| INVESCO ACTVELY MNGD ETC FD | OPTIMUM YIELD | 46090F100 |  | 259286 | 17543 | SH |  | SOLE |  | 0 | 0 | 17543 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 258341 | 970 | SH |  | SOLE |  | 0 | 0 | 970 |
| IRON MTN INC DEL | COM | 46284V101 |  | 482598 | 9681 | SH |  | SOLE |  | 0 | 0 | 9681 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 |  | 463714 | 13406 | SH |  | SOLE |  | 0 | 0 | 13406 |
| ISHARES TR | TIPS BD ETF | 464287176 |  | 819375 | 7698 | SH |  | SOLE |  | 0 | 0 | 7698 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 987436 | 4082 | SH |  | SOLE |  | 0 | 0 | 4082 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 |  | 6039293 | 39824 | SH |  | SOLE |  | 0 | 0 | 39824 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 1318651 | 6155 | SH |  | SOLE |  | 0 | 0 | 6155 |
| ISHARES TR | FLTG RATE NT ETF | 46429B655 |  | 40248394 | 799690 | SH |  | SOLE |  | 0 | 0 | 799690 |
| ISHARES TR | CORE DIV GRWTH | 46434V621 |  | 1482147 | 29643 | SH |  | SOLE |  | 0 | 0 | 29643 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 5039098 | 10358 | SH |  | SOLE |  | 0 | 0 | 10358 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 825618 | 2374 | SH |  | SOLE |  | 0 | 0 | 2374 |
| MEDICAL PPTYS TRUST INC | COM | 58463J304 |  | 3296483 | 295914 | SH |  | SOLE |  | 0 | 0 | 295914 |
| MERCK  CO INC | COM | 58933Y105 |  | 5629815 | 50742 | SH |  | SOLE |  | 0 | 0 | 50742 |
| MICROSOFT CORP | COM | 594918104 |  | 498138 | 2077 | SH |  | SOLE |  | 0 | 0 | 2077 |
| MOLINA HEALTHCARE INC | COM | 60855R100 |  | 595717 | 1804 | SH |  | SOLE |  | 0 | 0 | 1804 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 623645 | 4267 | SH |  | SOLE |  | 0 | 0 | 4267 |
| OWL ROCK CAPITAL CORPORATION | COM | 69121K104 |  | 388230 | 33613 | SH |  | SOLE |  | 0 | 0 | 33613 |
| PARAMOUNT GLOBAL | CLASS B COM | 92556H206 |  | 170117 | 10078 | SH |  | SOLE |  | 0 | 0 | 10078 |
| PEPSICO INC | COM | 713448108 |  | 344112 | 1905 | SH |  | SOLE |  | 0 | 0 | 1905 |
| PERRIGO CO PLC | SHS | G97822103 |  | 469215 | 13764 | SH |  | SOLE |  | 0 | 0 | 13764 |
| PHILLIPS 66 | COM | 718546104 |  | 2717951 | 26114 | SH |  | SOLE |  | 0 | 0 | 26114 |
| PHILLIPS EDISON  CO INC | COMMON STOCK | 71844V201 |  | 416786 | 13090 | SH |  | SOLE |  | 0 | 0 | 13090 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 219630 | 1449 | SH |  | SOLE |  | 0 | 0 | 1449 |
| PROLOGIS INC. | COM | 74340W103 |  | 1533818 | 13606 | SH |  | SOLE |  | 0 | 0 | 13606 |
| PROSHARES TR | SHORT QQQ NEW | 74347B714 |  | 5812751 | 394888 | SH |  | SOLE |  | 0 | 0 | 394888 |
| SPIRIT AIRLS INC | COM | 848577102 |  | 2932636 | 150546 | SH |  | SOLE |  | 0 | 0 | 150546 |
| SPROTT PHYSICAL GOLD  SILVE | TR UNIT | 85208R101 |  | 6320710 | 352521 | SH |  | SOLE |  | 0 | 0 | 352521 |
| TEGNA INC | COM | 87901J105 |  | 4581193 | 216196 | SH |  | SOLE |  | 0 | 0 | 216196 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 727162 | 5732 | SH |  | SOLE |  | 0 | 0 | 5732 |
| VANECK ETF TRUST | IG FLOATING RATE | 92189F486 |  | 13012129 | 522996 | SH |  | SOLE |  | 0 | 0 | 522996 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 426407 | 2808 | SH |  | SOLE |  | 0 | 0 | 2808 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 3362529 | 85343 | SH |  | SOLE |  | 0 | 0 | 85343 |
| VERMILION ENERGY INC | COM | 923725105 |  | 3777540 | 213420 | SH |  | SOLE |  | 0 | 0 | 213420 |
| WALMART INC | COM | 931142103 |  | 343098 | 2420 | SH |  | SOLE |  | 0 | 0 | 2420 |
| WP CAREY INC | COM | 92936U109 |  | 5358854 | 68571 | SH |  | SOLE |  | 0 | 0 | 68571 |

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