# EDGAR Filing Document

**Accession Number:** 0001575301
**File Stem:** 0001575301-25-000008
**Filing Date:** 2025-10
**Character Count:** 22144
**Document Hash:** b1cee055964f02eaff23b933133be181
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001575301-25-000008.hdr.sgml**: 20251016

**ACCESSION NUMBER**: 0001575301-25-000008

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251016

**DATE AS OF CHANGE**: 20251016

**EFFECTIVENESS DATE**: 20251016

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Beacon Capital Management, Inc.
- **CENTRAL INDEX KEY:** 0001575301

**ORGANIZATION NAME:**
- **EIN:** 311720376
- **STATE OF INCORPORATION:** IA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-15734
- **FILM NUMBER:** 251397469

**BUSINESS ADDRESS:**
- **STREET 1:** 7777 WASHINGTON VILLAGE DRIVE
- **STREET 2:** SUITE 280
- **CITY:** DAYTON
- **STATE:** OH
- **ZIP:** 45459
- **BUSINESS PHONE:** 866-439-9093

**MAIL ADDRESS:**
- **STREET 1:** 7777 WASHINGTON VILLAGE DRIVE
- **STREET 2:** SUITE 280
- **CITY:** DAYTON
- **STATE:** OH
- **ZIP:** 45459

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 09-30-2025

**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:** Beacon Capital Management Inc.<br>**Address:** 7777 WASHINGTON VILLAGE DRIVE<br>SUITE 280<br>DAYTON, OH 45459

**Form 13F File Number:** 028-15734

**CRD Number (if applicable):** 000120641

**SEC File Number (if applicable):** 801-61249

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:** Daniel Snyder<br>**Title:** Chief Compliance Officer<br>**Phone:** 5153275847

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

Daniel Snyder  West Des Moines, IA  10-16-2025<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:** 181

**Form 13F Information Table Value Total:** $2094301814

      (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 |
| ANGEL OAK INCOME ETF | COM | 03463K760 |  | 7219450 | 345263 | SH |  | SOLE |  | 345263 | 0 | 0 |
| ASTORIA US EQUAL WEIGHT QUALIT | COM | 02072L433 |  | 9096436 | 263102 | SH |  | SOLE |  | 263102 | 0 | 0 |
| BNY MELLON HIGH YIELD ETF | COM | 09661T800 |  | 2094 | 43 | SH |  | SOLE |  | 43 | 0 | 0 |
| BONDBLOXX BLOOMBERG ONE YEAR T | COM | 09789C861 |  | 2533 | 51 | SH |  | SOLE |  | 51 | 0 | 0 |
| BONDBLOXX BLOOMBERG SIX MONTH | COM | 09789C788 |  | 5596166 | 110991 | SH |  | SOLE |  | 110991 | 0 | 0 |
| BONDBLOXX BLOOMBERG TEN YEAR T | COM | 09789C812 |  | 3357 | 72 | SH |  | SOLE |  | 72 | 0 | 0 |
| CONSUMER STAPLES SELECT SECTOR | COM | 81369Y308 |  | 1984015 | 25316 | SH |  | SOLE |  | 25316 | 0 | 0 |
| ENERGY SELECT SECTOR SPDR FUND | COM | 81369Y506 |  | 1279706 | 14324 | SH |  | SOLE |  | 14324 | 0 | 0 |
| FINANCIAL SELECT SECTOR SPDR F | COM | 81369Y605 |  | 4208971 | 78132 | SH |  | SOLE |  | 78132 | 0 | 0 |
| IMGP DBI MANAGED FUTURES STRAT | COM | 53700T827 |  | 4211283 | 154203 | SH |  | SOLE |  | 154203 | 0 | 0 |
| INVESCO ULTRA SHORT DURATION E | COM | 46090A887 |  | 2110 | 42 | SH |  | SOLE |  | 42 | 0 | 0 |
| ISHARES 5-10 YEAR INVESTMENT G | COM | 464288638 |  | 6329 | 117 | SH |  | SOLE |  | 117 | 0 | 0 |
| ISHARES SHORT DURATION BOND AC | COM | 46431W507 |  | 1411174 | 27519 | SH |  | SOLE |  | 27519 | 0 | 0 |
| ISHARES SHORT TREASURY BOND ET | COM | 464288679 |  | 4220166 | 38195 | SH |  | SOLE |  | 38195 | 0 | 0 |
| JANUS DETROIT STREET TRUST JAN | COM | 47103U845 |  | 16463912 | 324220 | SH |  | SOLE |  | 324220 | 0 | 0 |
| MATERIALS SELECT SECTOR SPDR F | COM | 81369Y100 |  | 911794 | 10174 | SH |  | SOLE |  | 10174 | 0 | 0 |
| PIMCO COMMODITY STRATEGY ACTIV | COM | 72201R593 |  | 7117314 | 259756 | SH |  | SOLE |  | 259756 | 0 | 0 |
| PIMCO ENHANCED LOW DURATION AC | COM | 72201R718 |  | 15800597 | 164341 | SH |  | SOLE |  | 164341 | 0 | 0 |
| PIMCO MULTISECTOR BOND ACTIVE | COM | 72201R585 |  | 13970887 | 520525 | SH |  | SOLE |  | 520525 | 0 | 0 |
| PIMCO SENIOR LOAN ACTIVE EXCHA | COM | 72201R627 |  | 2043 | 40 | SH |  | SOLE |  | 40 | 0 | 0 |
| SIMPLIFY MANAGED FUTURES STRAT | COM | 82889N699 |  | 4081215 | 145914 | SH |  | SOLE |  | 145914 | 0 | 0 |
| SPDR BLACKSTONE SENIOR LOAN ET | COM | 78467V608 |  | 5197 | 125 | SH |  | SOLE |  | 125 | 0 | 0 |
| SPDR BLOOMBERG INVESTMENT GRAD | COM | 78468R200 |  | 2098 | 68 | SH |  | SOLE |  | 68 | 0 | 0 |
| SPDR PORTFOLIO S 1500 COMPOS | COM | 78464A805 |  | 19618758 | 243258 | SH |  | SOLE |  | 243258 | 0 | 0 |
| SPDR PORTFOLIO S 500 ETF | COM | 78464A854 |  | 19865670 | 253583 | SH |  | SOLE |  | 253583 | 0 | 0 |
| T. ROWE PRICE SMALL-MID CAP ET | COM | 87283Q826 |  | 4327358 | 123041 | SH |  | SOLE |  | 123041 | 0 | 0 |
| TECHNOLOGY SELECT SECTOR SPDR | COM | 81369Y803 |  | 7496912 | 26598 | SH |  | SOLE |  | 26598 | 0 | 0 |
| VANGUARD COMMUNICATION SERVICE | COM | 92204A884 |  | 3139033 | 16721 | SH |  | SOLE |  | 16721 | 0 | 0 |
| VICTORYSHARES FREE CASH FLOW E | COM | 92647X830 |  | 15520073 | 413869 | SH |  | SOLE |  | 413869 | 0 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 24922 | 103 | SH |  | SOLE |  | 103 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 74878632 | 112400 | SH |  | SOLE |  | 112400 | 0 | 0 |
| AGILENT TECHNOLOGIES INC | COM | 00846U101 |  | 90 | 1 | SH |  | SOLE |  | 1 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 47 | 0 | SH |  | SOLE |  | 0 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 215830 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 118382358 | 197182 | SH |  | SOLE |  | 197182 | 0 | 0 |
| ABBOTT LABS | COM | 002824100 |  | 9376 | 70 | SH |  | SOLE |  | 70 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 22 | 1 | SH |  | SOLE |  | 1 | 0 | 0 |
| SPDR SERIES TRUST | PORTFOLI S | 78464A805 |  | 10510158 | 130318 | SH |  | SOLE |  | 130318 | 0 | 0 |
| SPDR SERIES TRUST | DJ REIT ETF | 78464A607 |  | 19456 | 194 | SH |  | SOLE |  | 194 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI MATERIALS | 81369Y100 |  | 495599 | 5530 | SH |  | SOLE |  | 5530 | 0 | 0 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 |  | 683272 | 7648 | SH |  | SOLE |  | 7648 | 0 | 0 |
| SELECT SECTOR SPDR TR | FINANCIAL | 81369Y605 |  | 2296155 | 42624 | SH |  | SOLE |  | 42624 | 0 | 0 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 |  | 4024961 | 14280 | SH |  | SOLE |  | 14280 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI CONS STPLS | 81369Y308 |  | 1108309 | 14142 | SH |  | SOLE |  | 14142 | 0 | 0 |
| AFLAC INC | COM | 001055102 |  | 16755 | 150 | SH |  | SOLE |  | 150 | 0 | 0 |
| ENI S P A | SPONSORED ADR | 26874R108 |  | 31 | 1 | SH |  | SOLE |  | 1 | 0 | 0 |
| FORD MTR CO | COM | 345370860 |  | 7 | 1 | SH |  | SOLE |  | 1 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 434962 | 1708 | SH |  | SOLE |  | 1708 | 0 | 0 |
| KINROSS GOLD CORP | COM | 496902404 |  | 696 | 28 | SH |  | SOLE |  | 28 | 0 | 0 |
| COHEN  STEERS QUALITY INCOM | COM | 19247L106 |  | 1159710 | 93000 | SH |  | SOLE |  | 93000 | 0 | 0 |
| VANGUARD WORLD FD | CONSUM STP ETF | 92204A207 |  | 106728202 | 499360 | SH |  | SOLE |  | 499360 | 0 | 0 |
| DTE ENERGY CO | COM | 233331107 |  | 36772 | 260 | SH |  | SOLE |  | 260 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 7 | 0 | SH |  | SOLE |  | 0 | 0 | 0 |
| WP CAREY INC | COM | 92936U109 |  | 15139 | 224 | SH |  | SOLE |  | 224 | 0 | 0 |
| NOVO-NORDISK A S | ADR | 670100205 |  | 555 | 10 | SH |  | SOLE |  | 10 | 0 | 0 |
| CINTAS CORP | COM | 172908105 |  | 246312 | 1200 | SH |  | SOLE |  | 1200 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 117 | 0 | SH |  | SOLE |  | 0 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 8165146 | 22970 | SH |  | SOLE |  | 22970 | 0 | 0 |
| COUSINS PPTYS INC | COM NEW | 222795502 |  | 4341 | 150 | SH |  | SOLE |  | 150 | 0 | 0 |
| VANGUARD WORLD FD | ENERGY ETF | 92204A306 |  | 111654004 | 887129 | SH |  | SOLE |  | 887129 | 0 | 0 |
| VANGUARD WORLD FD | HEALTH CAR ETF | 92204A504 |  | 81619445 | 314405 | SH |  | SOLE |  | 314405 | 0 | 0 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 12043 | 41 | SH |  | SOLE |  | 41 | 0 | 0 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 79869396 | 873653 | SH |  | SOLE |  | 873653 | 0 | 0 |
| VANGUARD WORLD FD | MATERIALS ETF | 92204A801 |  | 112419108 | 548761 | SH |  | SOLE |  | 548761 | 0 | 0 |
| VANGUARD WORLD FD | FINANCIALS ETF | 92204A405 |  | 116091698 | 884576 | SH |  | SOLE |  | 884576 | 0 | 0 |
| VANGUARD WORLD FD | UTILITIES ETF | 92204A876 |  | 121051789 | 639099 | SH |  | SOLE |  | 639099 | 0 | 0 |
| CADENCE BANK | COM | 12740C103 |  | 35 | 1 | SH |  | SOLE |  | 1 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S QUALITY | 46137V241 |  | 18249 | 249 | SH |  | SOLE |  | 249 | 0 | 0 |
| COHEN  STEERS INFRASTRUCTUR | COM | 19248A109 |  | 1116000 | 45000 | SH |  | SOLE |  | 45000 | 0 | 0 |
| REAVES UTIL INCOME FD | COM SH BEN INT | 756158101 |  | 1366890 | 34500 | SH |  | SOLE |  | 34500 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S MDCP VLU MNT | 46137V456 |  | 23666 | 384 | SH |  | SOLE |  | 384 | 0 | 0 |
| VANGUARD WORLD FD | COMM SRVC ETF | 92204A884 |  | 124895670 | 665294 | SH |  | SOLE |  | 665294 | 0 | 0 |
| INVESCO DB COMMDY INDX TRCK | UNIT | 46138B103 |  | 60583 | 2689 | SH |  | SOLE |  | 2689 | 0 | 0 |
| INVENTRUST PPTYS CORP | COM NEW | 46124J201 |  | 2862 | 100 | SH |  | SOLE |  | 100 | 0 | 0 |
| VANGUARD WORLD FD | INF TECH ETF | 92204A702 |  | 124940855 | 167340 | SH |  | SOLE |  | 167340 | 0 | 0 |
| ISHARES SILVER TR | ISHARES | 46428Q109 |  | 29532 | 697 | SH |  | SOLE |  | 697 | 0 | 0 |
| VANGUARD WORLD FD | CONSUM DIS ETF | 92204A108 |  | 117829581 | 297437 | SH |  | SOLE |  | 297437 | 0 | 0 |
| VANGUARD WORLD FD | INDUSTRIAL ETF | 92204A603 |  | 117882890 | 397863 | SH |  | SOLE |  | 397863 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S SMCP VLU MNT | 46137V480 |  | 30997 | 549 | SH |  | SOLE |  | 549 | 0 | 0 |
| PROSHARES TR | PSHS ULT S 500 | 74347R107 |  | 707428 | 6309 | SH |  | SOLE |  | 6309 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | LARGE CAP GROWTH | 46137V746 |  | 17433 | 139 | SH |  | SOLE |  | 139 | 0 | 0 |
| PROSHARES TR | PSHS ULTRA QQQ | 74347R206 |  | 723867 | 5276 | SH |  | SOLE |  | 5276 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | LARGE CAP VALUE | 46137V738 |  | 37691 | 578 | SH |  | SOLE |  | 578 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S MDCP MOMNTUM | 46137V464 |  | 24206 | 179 | SH |  | SOLE |  | 179 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S SMLCP MOMENT | 46137V498 |  | 18981 | 258 | SH |  | SOLE |  | 258 | 0 | 0 |
| MCCORMICK  CO INC | COM VTG | 579780107 |  | 21217 | 318 | SH |  | SOLE |  | 318 | 0 | 0 |
| WESTERN ALLIANCE BANCORP | COM | 957638109 |  | 28 | 0 | SH |  | SOLE |  | 0 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | GBL LISTED PVT | 46137V118 |  | 15533434 | 225057 | SH |  | SOLE |  | 225057 | 0 | 0 |
| SPDR INDEX SHS FDS | DJ INTL RL ETF | 78463X863 |  | 11013 | 396 | SH |  | SOLE |  | 396 | 0 | 0 |
| ISHARES TR | SHORT TREAS BD | 464288679 |  | 2367690 | 21429 | SH |  | SOLE |  | 21429 | 0 | 0 |
| VANGUARD BD INDEX FDS | SHORT TRM BOND | 921937827 |  | 81870248 | 1037514 | SH |  | SOLE |  | 1037514 | 0 | 0 |
| VANGUARD BD INDEX FDS | INTERMED TERM | 921937819 |  | 79215509 | 1014413 | SH |  | SOLE |  | 1014413 | 0 | 0 |
| PROSHARES TR | ULTRA ENERGY | 74347G705 |  | 3865 | 106 | SH |  | SOLE |  | 106 | 0 | 0 |
| VANGUARD BD INDEX FDS | LONG TERM BOND | 921937793 |  | 79308998 | 1119393 | SH |  | SOLE |  | 1119393 | 0 | 0 |
| PROSHARES TR | ULTRA FNCLS NEW | 74347X633 |  | 4367 | 44 | SH |  | SOLE |  | 44 | 0 | 0 |
| PROSHARES TR | PSHS ULTRA TECH | 74347R693 |  | 5652 | 61 | SH |  | SOLE |  | 61 | 0 | 0 |
| VANECK ETF TRUST | URANIUM AND NUCL | 92189F601 |  | 5290 | 39 | SH |  | SOLE |  | 39 | 0 | 0 |
| SPDR SERIES TRUST | BLOOMBERG INTL T | 78464A516 |  | 28612 | 1244 | SH |  | SOLE |  | 1244 | 0 | 0 |
| PROSHARES TR | ULTRA MATERIALS | 74347R776 |  | 3584 | 148 | SH |  | SOLE |  | 148 | 0 | 0 |
| SPDR SERIES TRUST | PORTFLI TIPS ETF | 78464A656 |  | 24683 | 938 | SH |  | SOLE |  | 938 | 0 | 0 |
| SPDR SERIES TRUST | BLOOMBERG 1-3 MO | 78468R663 |  | 21510458 | 234446 | SH |  | SOLE |  | 234446 | 0 | 0 |
| ISHARES TR | ISHS 5-10YR INVT | 464288638 |  | 19256 | 356 | SH |  | SOLE |  | 356 | 0 | 0 |
| SPDR SERIES TRUST | BLOOMBERG HIGH Y | 78468R622 |  | 23518 | 240 | SH |  | SOLE |  | 240 | 0 | 0 |
| GENPACT LIMITED | SHS | G3922B107 |  | 9 | 0 | SH |  | SOLE |  | 0 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | S 500 REVENUE | 46138G698 |  | 61638 | 557 | SH |  | SOLE |  | 557 | 0 | 0 |
| PROSHARES TR | PSHS ULTRA INDL | 74347R727 |  | 4694 | 101 | SH |  | SOLE |  | 101 | 0 | 0 |
| PROSHARES TR | ULTRA CONS DISCR | 74347R750 |  | 4568 | 85 | SH |  | SOLE |  | 85 | 0 | 0 |
| SPDR SERIES TRUST | PORTFOLIO S | 78464A854 |  | 10741173 | 137110 | SH |  | SOLE |  | 137110 | 0 | 0 |
| SPDR SERIES TRUST | PORTFOLIO AGRGTE | 78464A649 |  | 55681 | 2154 | SH |  | SOLE |  | 2154 | 0 | 0 |
| PROSHARES TR | ULTRA CONSU STAP | 74347R768 |  | 4121 | 239 | SH |  | SOLE |  | 239 | 0 | 0 |
| INVESCO ACTIVELY MANAGED EXC | ULTRA SHRT DUR | 46090A887 |  | 6430 | 128 | SH |  | SOLE |  | 128 | 0 | 0 |
| PROSHARES TR | PSHS ULTRA UTIL | 74347R685 |  | 4750 | 52 | SH |  | SOLE |  | 52 | 0 | 0 |
| SPDR INDEX SHS FDS | S EMKTSC ETF | 78463X756 |  | 17361 | 258 | SH |  | SOLE |  | 258 | 0 | 0 |
| TAITRON COMPONENTS INC | CL A | 874028103 |  | 2 | 1 | SH |  | SOLE |  | 1 | 0 | 0 |
| MIMEDX GROUP INC | COM | 602496101 |  | 2 | 0 | SH |  | SOLE |  | 0 | 0 | 0 |
| VANGUARD WORLD FD | EXTENDED DUR | 921910709 |  | 24505 | 358 | SH |  | SOLE |  | 358 | 0 | 0 |
| FS KKR CAP CORP | COM | 302635206 |  | 18424 | 1234 | SH |  | SOLE |  | 1234 | 0 | 0 |
| FIRST TR EXCHANGE-TRADED FD | UT COM SHS ETF | 33736Q104 |  | 49 | 1 | SH |  | SOLE |  | 1 | 0 | 0 |
| PROSHARES TR | ULTRAPRO SHORT S | 74349Y845 |  | 607950 | 45000 | SH |  | SOLE |  | 45000 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 3299 | 10 | SH |  | SOLE |  | 10 | 0 | 0 |
| SCHWAB STRATEGIC TR | INTL EQTY ETF | 808524805 |  | 885 | 38 | SH |  | SOLE |  | 38 | 0 | 0 |
| SCHWAB STRATEGIC TR | US SML CAP ETF | 808524607 |  | 1116 | 40 | SH |  | SOLE |  | 40 | 0 | 0 |
| SCHWAB STRATEGIC TR | US LCAP GR ETF | 808524300 |  | 5871 | 184 | SH |  | SOLE |  | 184 | 0 | 0 |
| PIMCO ETF TR | INTER MUN BD ACT | 72201R866 |  | 3136800 | 60000 | SH |  | SOLE |  | 60000 | 0 | 0 |
| NEBIUS GROUP N.V. | SHS CLASS A | N97284108 |  | 225 | 2 | SH |  | SOLE |  | 2 | 0 | 0 |
| SIMPLIFY EXCHANGE TRADED FUN | MANAGED FUTURES | 82889N699 |  | 7530028 | 269218 | SH |  | SOLE |  | 269218 | 0 | 0 |
| SPDR SERIES TRUST | BLOOMBERG INVT | 78468R200 |  | 6542 | 212 | SH |  | SOLE |  | 212 | 0 | 0 |
| SPDR SERIES TRUST | PORTFOLIO SH TSR | 78468R101 |  | 52190 | 1780 | SH |  | SOLE |  | 1780 | 0 | 0 |
| VANECK ETF TRUST | RETAIL ETF | 92189F684 |  | 10538 | 42 | SH |  | SOLE |  | 42 | 0 | 0 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 |  | 84516 | 968 | SH |  | SOLE |  | 968 | 0 | 0 |
| VANGUARD MALVERN FDS | STRM INFPROIDX | 922020805 |  | 43611726 | 861381 | SH |  | SOLE |  | 861381 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 13892 | 60 | SH |  | SOLE |  | 60 | 0 | 0 |
| SSGA ACTIVE ETF TR | BLACKSTONE SENR | 78467V608 |  | 16091 | 387 | SH |  | SOLE |  | 387 | 0 | 0 |
| PIMCO ETF TR | COMMODITY STRAT | 72201R593 |  | 3856303 | 140741 | SH |  | SOLE |  | 140741 | 0 | 0 |
| ISHARES U S ETF TR | SHORT DURATION B | 46431W507 |  | 785712 | 15322 | SH |  | SOLE |  | 15322 | 0 | 0 |
| PIMCO ETF TR | ENHNCD LW DUR AC | 72201R718 |  | 8748746 | 90995 | SH |  | SOLE |  | 90995 | 0 | 0 |
| CAMBRIA ETF TR | GLOBAL VALUE ETF | 132061409 |  | 32475 | 1111 | SH |  | SOLE |  | 1111 | 0 | 0 |
| ARK ETF TR | INNOVATION ETF | 00214Q104 |  | 98 | 1 | SH |  | SOLE |  | 1 | 0 | 0 |
| INVESCO ACTVELY MNGD ETC FD | OPTIMUM YIELD | 46090F100 |  | 15933124 | 1186383 | SH |  | SOLE |  | 1186383 | 0 | 0 |
| ANGEL OAK FUNDS TRUST | INCOME ETF | 03463K760 |  | 4054053 | 193881 | SH |  | SOLE |  | 193881 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | S 500 MOMNTM | 46138E339 |  | 3708068 | 30630 | SH |  | SOLE |  | 30630 | 0 | 0 |
| AURORA CANNABIS INC | COM | 05156X850 |  | 137 | 23 | SH |  | SOLE |  | 23 | 0 | 0 |
| GLOBAL X FDS | RBTCS ARTFL INTE | 37954Y715 |  | 0 | 0 | SH |  | SOLE |  | 0 | 0 | 0 |
| SNAP INC | CL A | 83304A106 |  | 23 | 3 | SH |  | SOLE |  | 3 | 0 | 0 |
| GLOBAL X FDS | US INFR DEV ETF | 37954Y673 |  | 38 | 1 | SH |  | SOLE |  | 1 | 0 | 0 |
| FIRST TR EXCHANGE-TRADED FD | FT VEST S 500 | 33739Q705 |  | 11 | 0 | SH |  | SOLE |  | 0 | 0 | 0 |
| GOLDMAN SACHS PHYSICAL GOLD | UNIT | 38150K103 |  | 28094 | 737 | SH |  | SOLE |  | 737 | 0 | 0 |
| PHILLIPS EDISON  CO INC | COMMON STOCK | 71844V201 |  | 103505 | 3015 | SH |  | SOLE |  | 3015 | 0 | 0 |
| LITMAN GREGORY FDS TR | IMGP DBI MANAGED | 53700T827 |  | 2321622 | 85010 | SH |  | SOLE |  | 85010 | 0 | 0 |
| J P MORGAN EXCHANGE TRADED F | EQUITY PREMIUM | 46641Q332 |  | 46 | 1 | SH |  | SOLE |  | 1 | 0 | 0 |
| BNY MELLON ETF TRUST | HIGH YIELD ETF | 09661T800 |  | 6477 | 133 | SH |  | SOLE |  | 133 | 0 | 0 |
| EXCHANGE LISTED FDS TR | ETC CABANA TARGT | 30151E715 |  | 3 | 0 | SH |  | SOLE |  | 0 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | NASDAQ 100 ETF | 46138G649 |  | 33361 | 135 | SH |  | SOLE |  | 135 | 0 | 0 |
| JANUS DETROIT STR TR | HENDRSON AAA CL | 47103U845 |  | 9139913 | 179990 | SH |  | SOLE |  | 179990 | 0 | 0 |
| SPDR SERIES TRUST | BLOOMBERG 3-12 M | 78468R523 |  | 4497408 | 45191 | SH |  | SOLE |  | 45191 | 0 | 0 |
| EXCHANGE TRADED CONCEPTS TRU | BITWISE CRYPTO | 301505624 |  | 10956 | 437 | SH |  | SOLE |  | 437 | 0 | 0 |
| PUTNAM ETF TRUST | FOCUSED LAR CAP | 746729300 |  | 56 | 1 | SH |  | SOLE |  | 1 | 0 | 0 |
| EXCHANGE LISTED FDS TR | ETC CABANA TARGT | 30151E624 |  | 16 | 1 | SH |  | SOLE |  | 1 | 0 | 0 |
| J P MORGAN EXCHANGE TRADED F | INCOME ETF | 46641Q159 |  | 40702 | 877 | SH |  | SOLE |  | 877 | 0 | 0 |
| COHEN  STEERS REAL ESTATE O | SHS BENFIN INT | 19249Q103 |  | 1275880 | 83500 | SH |  | SOLE |  | 83500 | 0 | 0 |
| TWO RDS SHARED TR | REGENTS PK HDGD | 90214Q642 |  | 14 | 1 | SH |  | SOLE |  | 1 | 0 | 0 |
| DOUBLELINE ETF TRUST | OPPORTUNISTIC CO | 25861R105 |  | 53230 | 1144 | SH |  | SOLE |  | 1144 | 0 | 0 |
| NUSCALE PWR CORP | CL A COM | 67079K100 |  | 540 | 15 | SH |  | SOLE |  | 15 | 0 | 0 |
| J P MORGAN EXCHANGE TRADED F | NASDAQ EQT PREM | 46654Q203 |  | 20 | 0 | SH |  | SOLE |  | 0 | 0 | 0 |
| PIMCO ETF TR | SR LN ACTIVE ETF | 72201R627 |  | 6435 | 126 | SH |  | SOLE |  | 126 | 0 | 0 |
| BONDBLOXX ETF TRUST | BLOOMBERG SIX MN | 09789C788 |  | 3104964 | 61582 | SH |  | SOLE |  | 61582 | 0 | 0 |
| BONDBLOXX ETF TRUST | BLOOMBERG TEN YR | 09789C812 |  | 10352 | 222 | SH |  | SOLE |  | 222 | 0 | 0 |
| CAPITAL GRP FIXED INCM ETF T | MUNICIPAL INCOME | 14020Y201 |  | 3274800 | 120000 | SH |  | SOLE |  | 120000 | 0 | 0 |
| BONDBLOXX ETF TRUST | BLOOMBERG ONE YR | 09789C861 |  | 7697 | 155 | SH |  | SOLE |  | 155 | 0 | 0 |
| NORTHERN LTS FD TR II | BEACON SELECTIVE | 66538F199 |  | 29054073 | 975994 | SH |  | SOLE |  | 975994 | 0 | 0 |
| NORTHERN LTS FD TR II | BEACON TACTICAL | 66538F215 |  | 25400958 | 1003237 | SH |  | SOLE |  | 1003237 | 0 | 0 |
| PIMCO ETF TR | MULTISECTOR BD | 72201R585 |  | 7697896 | 286807 | SH |  | SOLE |  | 286807 | 0 | 0 |
| EA SERIES TRUST | ASTORIA US EQUAL | 02072L433 |  | 4244625 | 122770 | SH |  | SOLE |  | 122770 | 0 | 0 |
| VICTORY PORTFOLIOS II | SHARES FREE CASH | 92647X830 |  | 8962036 | 238988 | SH |  | SOLE |  | 238988 | 0 | 0 |
| T ROWE PRICE ETF INC | SMALL MID CAP | 87283Q826 |  | 2374121 | 67504 | SH |  | SOLE |  | 67504 | 0 | 0 |
| NET LEASE OFFICE PROPERTIES | COM | 64110Y108 |  | 415 | 14 | SH |  | SOLE |  | 14 | 0 | 0 |
| BITWISE BITCOIN ETF TR | SHS BEN INT | 09174C104 |  | 14933 | 240 | SH |  | SOLE |  | 240 | 0 | 0 |
| BITWISE ETHEREUM ETF | SHS | 091955104 |  | 8141 | 273 | SH |  | SOLE |  | 273 | 0 | 0 |
| INNOVATOR ETFS TRUST | GROWTH 100 POWER | 45784N205 |  | 36841 | 1285 | SH |  | SOLE |  | 1285 | 0 | 0 |
| AIM ETF PRODUCTS TRUST | ALLIANZIM BUF 15 | 00888H455 |  | 17399 | 628 | SH |  | SOLE |  | 628 | 0 | 0 |
| COHEN  STEERS INFRASTRUCTUR | RIGHT 10/16/2025 | 19248A117 |  | 3510 | 45000 | SH |  | SOLE |  | 45000 | 0 | 0 |

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