# EDGAR Filing Document

**Accession Number:** 0002052916
**File Stem:** 0001765380-26-000086
**Filing Date:** 2026-2
**Character Count:** 22635
**Document Hash:** 2677d644a423411db1dfdbc21a1042df
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001765380-26-000086.hdr.sgml**: 20260210

**ACCESSION NUMBER**: 0001765380-26-000086

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260210

**DATE AS OF CHANGE**: 20260210

**EFFECTIVENESS DATE**: 20260210

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BEARING POINT CAPITAL, LLC
- **CENTRAL INDEX KEY:** 0002052916

**ORGANIZATION NAME:**
- **EIN:** 994033362
- **STATE OF INCORPORATION:** MN
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-25176
- **FILM NUMBER:** 26614082

**BUSINESS ADDRESS:**
- **STREET 1:** 3800 AMERICAN BLVD. WEST
- **STREET 2:** SUITE 935
- **CITY:** BLOOMINGTON
- **STATE:** MN
- **ZIP:** 55431
- **BUSINESS PHONE:** 952-800-6301

**MAIL ADDRESS:**
- **STREET 1:** 3800 AMERICAN BLVD. WEST
- **STREET 2:** SUITE 935
- **CITY:** BLOOMINGTON
- **STATE:** MN
- **ZIP:** 55431

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2025

**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:** BEARING POINT CAPITAL LLC<br>**Address:** 3800 AMERICAN BLVD. WEST<br>SUITE 935<br>BLOOMINGTON, MN 55431

**Form 13F File Number:** 028-25176

**CRD Number (if applicable):** 000332023

**SEC File Number (if applicable):** 801-13068

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:** Andy Warning<br>**Title:** Chief Compliance Officer<br>**Phone:** 513-832-5463

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

Andy Warning  Cincinnati, OH  02-10-2026<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:** 183

**Form 13F Information Table Value Total:** $639666691

      (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 |
| NVIDIA CORPORATION COM | Stock | 67066G104 |  | 35900877 | 192498 | SH |  | SOLE |  | 0 | 0 | 192498 |
| APPLE INC COM | Stock | 037833100 |  | 26207032 | 96399 | SH |  | SOLE |  | 0 | 0 | 96399 |
| MICROSOFT CORP COM | Stock | 594918104 |  | 18517810 | 38290 | SH |  | SOLE |  | 0 | 0 | 38290 |
| AMAZON COM INC COM | Stock | 023135106 |  | 15846716 | 68654 | SH |  | SOLE |  | 0 | 0 | 68654 |
| JPMORGAN CHASE  CO COM | Stock | 46625H100 |  | 15600926 | 48417 | SH |  | SOLE |  | 0 | 0 | 48417 |
| VANECK JUNIOR GOLD MINERS ETF | ETF | 92189F791 |  | 15320249 | 134648 | SH |  | SOLE |  | 0 | 0 | 134648 |
| BROADCOM INC COM | Stock | 11135F101 |  | 15071617 | 43547 | SH |  | SOLE |  | 0 | 0 | 43547 |
| VISA INC COM CL A | Stock | 92826C839 |  | 14347897 | 40911 | SH |  | SOLE |  | 0 | 0 | 40911 |
| PALO ALTO NETWORKS INC COM | Stock | 697435105 |  | 13561357 | 73623 | SH |  | SOLE |  | 0 | 0 | 73623 |
| ALPHABET INC CAP STK CL A | Stock | 02079K305 |  | 12813907 | 40939 | SH |  | SOLE |  | 0 | 0 | 40939 |
| BANK AMERICA CORP COM | Stock | 060505104 |  | 12258235 | 222877 | SH |  | SOLE |  | 0 | 0 | 222877 |
| AMERICAN EXPRESS CO COM | Stock | 025816109 |  | 11261648 | 30441 | SH |  | SOLE |  | 0 | 0 | 30441 |
| HOWMET AEROSPACE INC COM | Stock | 443201108 |  | 11197987 | 54619 | SH |  | SOLE |  | 0 | 0 | 54619 |
| ARCHER DANIELS MIDLAND CO COM | Stock | 039483102 |  | 10923100 | 190000 | SH |  | SOLE |  | 0 | 0 | 190000 |
| HARTFORD MULTIFACTOR DEVELOPED MARKETS (EX-US) ETF | ETF | 518416102 |  | 10354183 | 280032 | SH |  | SOLE |  | 0 | 0 | 280032 |
| ISHARES 1-3 YEAR TREASURY BOND ETF | ETF | 464287457 |  | 9823694 | 118615 | SH |  | SOLE |  | 0 | 0 | 118615 |
| CME GROUP INC COM | Stock | 12572Q105 |  | 9525303 | 34881 | SH |  | SOLE |  | 0 | 0 | 34881 |
| DANAHER CORPORATION COM | Stock | 235851102 |  | 9364888 | 40909 | SH |  | SOLE |  | 0 | 0 | 40909 |
| CONSTELLATION ENERGY CORP COM | Stock | 21037T109 |  | 9142628 | 25880 | SH |  | SOLE |  | 0 | 0 | 25880 |
| ALPHABET INC CAP STK CL C | Stock | 02079K107 |  | 8975935 | 28604 | SH |  | SOLE |  | 0 | 0 | 28604 |
| ECOLAB INC COM | Stock | 278865100 |  | 8921742 | 33985 | SH |  | SOLE |  | 0 | 0 | 33985 |
| CLOUDFLARE INC CL A COM | Stock | 18915M107 |  | 8780864 | 44539 | SH |  | SOLE |  | 0 | 0 | 44539 |
| ARGAN INC COM | Stock | 04010E109 |  | 8465906 | 27020 | SH |  | SOLE |  | 0 | 0 | 27020 |
| WISDOMTREE JAPAN HEDGED EQUITY FUND | ETF | 97717W851 |  | 8437829 | 58531 | SH |  | SOLE |  | 0 | 0 | 58531 |
| EMBRAER S.A. SPONSORED ADS | ADR | 29082A107 |  | 8416056 | 130745 | SH |  | SOLE |  | 0 | 0 | 130745 |
| STATE STREET SPDR S MIDCAP 400 ETF TRUST | ETF | 78467Y107 |  | 8330090 | 13808 | SH |  | SOLE |  | 0 | 0 | 13808 |
| STRYKER CORPORATION COM | Stock | 863667101 |  | 8147075 | 23180 | SH |  | SOLE |  | 0 | 0 | 23180 |
| SUNCOR ENERGY INC NEW COM | Stock | 867224107 |  | 7977880 | 179844 | SH |  | SOLE |  | 0 | 0 | 179844 |
| ACCENTURE PLC IRELAND SHS CLASS A | Stock | G1151C101 |  | 7793042 | 29046 | SH |  | SOLE |  | 0 | 0 | 29046 |
| BHP GROUP LTD SPONSORED ADS | ADR | 088606108 |  | 7571907 | 125425 | SH |  | SOLE |  | 0 | 0 | 125425 |
| CHEVRON CORPORATION COM | Stock | 166764100 |  | 7567004 | 49649 | SH |  | SOLE |  | 0 | 0 | 49649 |
| DELL TECHNOLOGIES INC CL C | Stock | 24703L202 |  | 7564759 | 60095 | SH |  | SOLE |  | 0 | 0 | 60095 |
| CHUBB LIMITED COM | Stock | H1467J104 |  | 7355108 | 23565 | SH |  | SOLE |  | 0 | 0 | 23565 |
| ISHARES MSCI INDIA ETF | ETF | 46429B598 |  | 6923535 | 128095 | SH |  | SOLE |  | 0 | 0 | 128095 |
| VANGUARD FTSE DEVELOPED MARKETS ETF | ETF | 921943858 |  | 6828283 | 109305 | SH |  | SOLE |  | 0 | 0 | 109305 |
| EATON CORP PLC SHS | Stock | G29183103 |  | 6821847 | 21418 | SH |  | SOLE |  | 0 | 0 | 21418 |
| TRANE TECHNOLOGIES PLC SHS | Stock | G8994E103 |  | 6609784 | 16983 | SH |  | SOLE |  | 0 | 0 | 16983 |
| CORTEVA INC COM | Stock | 22052L104 |  | 6493598 | 96876 | SH |  | SOLE |  | 0 | 0 | 96876 |
| NEWMONT CORP COM | Stock | 651639106 |  | 6303331 | 63128 | SH |  | SOLE |  | 0 | 0 | 63128 |
| ISHARES BIOTECHNOLOGY ETF | ETF | 464287556 |  | 5983572 | 35454 | SH |  | SOLE |  | 0 | 0 | 35454 |
| VANGUARD MID-CAP ETF | ETF | 922908629 |  | 5923971 | 20412 | SH |  | SOLE |  | 0 | 0 | 20412 |
| AMERICAN ELEC PWR CO INC COM | Stock | 025537101 |  | 5867319 | 50883 | SH |  | SOLE |  | 0 | 0 | 50883 |
| NORTHROP GRUMMAN CORP COM | Stock | 666807102 |  | 5597181 | 9816 | SH |  | SOLE |  | 0 | 0 | 9816 |
| MASTERCARD INCORPORATED CL A | Stock | 57636Q104 |  | 5136778 | 8998 | SH |  | SOLE |  | 0 | 0 | 8998 |
| ISHARES CORE S 500 ETF | ETF | 464287200 |  | 5003487 | 7305 | SH |  | SOLE |  | 0 | 0 | 7305 |
| ANTERO RESOURCES CORP COM | Stock | 03674X106 |  | 4943321 | 143451 | SH |  | SOLE |  | 0 | 0 | 143451 |
| APTIV PLC COM SHS | Stock | G3265R107 |  | 4871206 | 64019 | SH |  | SOLE |  | 0 | 0 | 64019 |
| MERCADOLIBRE INC COM | Stock | 58733R102 |  | 4818110 | 2392 | SH |  | SOLE |  | 0 | 0 | 2392 |
| TOYOTA MOTOR CORP ADS | ADR | 892331307 |  | 4546848 | 21241 | SH |  | SOLE |  | 0 | 0 | 21241 |
| HONEYWELL INTL INC COM | Stock | 438516106 |  | 4466195 | 22893 | SH |  | SOLE |  | 0 | 0 | 22893 |
| INVESCO S 500 EQUAL WEIGHT ETF | ETF | 46137V357 |  | 4456069 | 23262 | SH |  | SOLE |  | 0 | 0 | 23262 |
| KKR  CO INC COM | Stock | 48251W104 |  | 4169998 | 32711 | SH |  | SOLE |  | 0 | 0 | 32711 |
| SPOTIFY TECHNOLOGY S A SHS | Stock | L8681T102 |  | 4136978 | 7124 | SH |  | SOLE |  | 0 | 0 | 7124 |
| REPUBLIC SVCS INC COM | Stock | 760759100 |  | 3971780 | 18741 | SH |  | SOLE |  | 0 | 0 | 18741 |
| STATE STREET SPDR S 500 ETF | ETF | 78462F103 |  | 3819434 | 5601 | SH |  | SOLE |  | 0 | 0 | 5601 |
| VEEV - VEEVA SYS INC | Stock | 922475108 |  | 3622576 | 16228 | SH |  | SOLE |  | 0 | 0 | 16228 |
| Vanguard Healthcare ETF | ETF | 92204A504 |  | 3529617 | 12262 | SH |  | SOLE |  | 0 | 0 | 12262 |
| ASTERA LABS INC COM | Stock | 04626A103 |  | 3517682 | 21145 | SH |  | SOLE |  | 0 | 0 | 21145 |
| GLOBAL X ROBOTICS  ARTIFICIAL INTELLIGENCE ETF | ETF | 37954Y715 |  | 3500724 | 96625 | SH |  | SOLE |  | 0 | 0 | 96625 |
| ISHARES CORE MSCI EAFE ETF | ETF | 46432F842 |  | 3412899 | 38150 | SH |  | SOLE |  | 0 | 0 | 38150 |
| US BANCORP COM NEW | Stock | 902973304 |  | 3365095 | 63064 | SH |  | SOLE |  | 0 | 0 | 63064 |
| ABBVIE INC COM | Stock | 00287Y109 |  | 3324986 | 14552 | SH |  | SOLE |  | 0 | 0 | 14552 |
| iShares MSCI Germany ETF | ETF | 464286806 |  | 3188648 | 75027 | SH |  | SOLE |  | 0 | 0 | 75027 |
| ELI LILLY  CO COM | Stock | 532457108 |  | 2984386 | 2777 | SH |  | SOLE |  | 0 | 0 | 2777 |
| CANADIAN PACIFIC KANSAS CITY COM | Stock | 13646K108 |  | 2973621 | 40386 | SH |  | SOLE |  | 0 | 0 | 40386 |
| HOME DEPOT INC COM | Stock | 437076102 |  | 2673313 | 7769 | SH |  | SOLE |  | 0 | 0 | 7769 |
| STATE STREET SPDR S BIOTECH ETF | ETF | 78464A870 |  | 2603449 | 21352 | SH |  | SOLE |  | 0 | 0 | 21352 |
| ISHARES RUSSELL 1000 GROWTH ETF | ETF | 464287614 |  | 2480092 | 5240 | SH |  | SOLE |  | 0 | 0 | 5240 |
| ENBRIDGE INC COM | Stock | 29250N105 |  | 2163447 | 45232 | SH |  | SOLE |  | 0 | 0 | 45232 |
| VANGUARD SHORT-TERM TREASURY ETF | ETF | 92206C102 |  | 2126026 | 36200 | SH |  | SOLE |  | 0 | 0 | 36200 |
| CORNING INC COM | Stock | 219350105 |  | 2125431 | 24274 | SH |  | SOLE |  | 0 | 0 | 24274 |
| VANGUARD SMALL-CAP ETF | ETF | 922908751 |  | 2051992 | 7955 | SH |  | SOLE |  | 0 | 0 | 7955 |
| ISHARES CORE S SMALL CAP ETF | ETF | 464287804 |  | 2010972 | 16733 | SH |  | SOLE |  | 0 | 0 | 16733 |
| COSTCO WHOLESALE CORPORATION COM | Stock | 22160K105 |  | 1866104 | 2164 | SH |  | SOLE |  | 0 | 0 | 2164 |
| BERKSHIRE HATHAWAY INC DEL CL B NEW | Stock | 084670702 |  | 1820598 | 3622 | SH |  | SOLE |  | 0 | 0 | 3622 |
| SCHWAB FUNDAMENTAL U.S. LARGE COMPANY ETF | ETF | 808524771 |  | 1793139 | 65900 | SH |  | SOLE |  | 0 | 0 | 65900 |
| UNITEDHEALTH GROUP INC COM | Stock | 91324P102 |  | 1727796 | 5234 | SH |  | SOLE |  | 0 | 0 | 5234 |
| CONOCOPHILLIPS COM | Stock | 20825C104 |  | 1644728 | 17570 | SH |  | SOLE |  | 0 | 0 | 17570 |
| MARATHON PETE CORP COM | Stock | 56585A102 |  | 1628414 | 10013 | SH |  | SOLE |  | 0 | 0 | 10013 |
| CARLYLE GROUP INC COM | Stock | 14316J108 |  | 1615063 | 27323 | SH |  | SOLE |  | 0 | 0 | 27323 |
| NEXTERA ENERGY INC COM | Stock | 65339F101 |  | 1533749 | 19105 | SH |  | SOLE |  | 0 | 0 | 19105 |
| LOCKHEED MARTIN CORP COM | Stock | 539830109 |  | 1509050 | 3120 | SH |  | SOLE |  | 0 | 0 | 3120 |
| VANGUARD LARGE-CAP ETF | ETF | 922908637 |  | 1468227 | 4664 | SH |  | SOLE |  | 0 | 0 | 4664 |
| INDY - ishares India 50 | ETF | 464289529 |  | 1448140 | 29380 | SH |  | SOLE |  | 0 | 0 | 29380 |
| ISHARES CORE S MID-CAP ETF | ETF | 464287507 |  | 1439130 | 21805 | SH |  | SOLE |  | 0 | 0 | 21805 |
| STATE STREET TECHNOLOGY SELECT SECTOR SPDR ETF | ETF | 81369Y803 |  | 1404859 | 9758 | SH |  | SOLE |  | 0 | 0 | 9758 |
| COCA COLA CO COM | Stock | 191216100 |  | 1391559 | 19905 | SH |  | SOLE |  | 0 | 0 | 19905 |
| TESLA INC COM | Stock | 88160R101 |  | 1330721 | 2959 | SH |  | SOLE |  | 0 | 0 | 2959 |
| Ishares US Oil  Gas Exp.  Prod. | ETF | 464288851 |  | 1328903 | 14888 | SH |  | SOLE |  | 0 | 0 | 14888 |
| EXXON MOBIL CORP COM | Stock | 30231G102 |  | 1282102 | 10654 | SH |  | SOLE |  | 0 | 0 | 10654 |
| ISHARES TIPS BOND ETF | ETF | 464287176 |  | 1246599 | 11342 | SH |  | SOLE |  | 0 | 0 | 11342 |
| MCDONALDS CORP COM | Stock | 580135101 |  | 1240858 | 4060 | SH |  | SOLE |  | 0 | 0 | 4060 |
| Fidelity Bitcoin Fund | ETF | 315948109 |  | 1228980 | 16122 | SH |  | SOLE |  | 0 | 0 | 16122 |
| LINCOLN NATL CORP IND COM | Stock | 534187109 |  | 1184498 | 26600 | SH |  | SOLE |  | 0 | 0 | 26600 |
| VANGUARD RUSSELL 1000 GROWTH ETF | ETF | 92206C680 |  | 1153460 | 9474 | SH |  | SOLE |  | 0 | 0 | 9474 |
| ISHARES CORE S U.S. GROWTH ETF | ETF | 464287671 |  | 1125198 | 6700 | SH |  | SOLE |  | 0 | 0 | 6700 |
| ISHARES S 500 VALUE ETF | ETF | 464287408 |  | 1102128 | 5197 | SH |  | SOLE |  | 0 | 0 | 5197 |
| ISHARES RUSSELL MID-CAP GROWTH ETF | ETF | 464287481 |  | 1080046 | 7887 | SH |  | SOLE |  | 0 | 0 | 7887 |
| ASTRAZENECA PLC ORD | ADR | G0593M107 |  | 1072363 | 11665 | SH |  | SOLE |  | 0 | 0 | 11665 |
| WISDOMTREE JAPAN OPPORTUNITIES FUND | ETF | 97717W521 |  | 1004686 | 21653 | SH |  | SOLE |  | 0 | 0 | 21653 |
| MEDTRONIC PLC SHS | Stock | G5960L103 |  | 978467 | 10186 | SH |  | SOLE |  | 0 | 0 | 10186 |
| FIRST TRUST RBA AMERICAN INDUSTRIAL RENAISSANCE ETF | ETF | 33738R704 |  | 964519 | 9810 | SH |  | SOLE |  | 0 | 0 | 9810 |
| MORGAN STANLEY COM NEW | Stock | 617446448 |  | 961680 | 5417 | SH |  | SOLE |  | 0 | 0 | 5417 |
| ISHARES BITCOIN TRUST ETF | ETF | 46438F101 |  | 931931 | 18770 | SH |  | SOLE |  | 0 | 0 | 18770 |
| EATON VANCE TAX-MANAGED GLOBAL COM | CEF | 27829F108 |  | 895820 | 94000 | SH |  | SOLE |  | 0 | 0 | 94000 |
| SPDR GOLD SHARES | ETF | 78463V107 |  | 849689 | 2144 | SH |  | SOLE |  | 0 | 0 | 2144 |
| DOMINION ENERGY INC COM | Stock | 25746U109 |  | 843696 | 14400 | SH |  | SOLE |  | 0 | 0 | 14400 |
| VANGUARD DIVIDEND APPRECIATION ETF | ETF | 921908844 |  | 840439 | 3824 | SH |  | SOLE |  | 0 | 0 | 3824 |
| SAP SE SPON ADR | ADR | 803054204 |  | 840226 | 3459 | SH |  | SOLE |  | 0 | 0 | 3459 |
| CORVEL CORP COM | Stock | 221006109 |  | 812040 | 12000 | SH |  | SOLE |  | 0 | 0 | 12000 |
| ISHARES RUSSELL 2000 ETF | ETF | 464287655 |  | 786481 | 3195 | SH |  | SOLE |  | 0 | 0 | 3195 |
| JOHNSON  JOHNSON COM | Stock | 478160104 |  | 768612 | 3714 | SH |  | SOLE |  | 0 | 0 | 3714 |
| NVENT ELECTRIC PLC SHS | Stock | G6700G107 |  | 737039 | 7228 | SH |  | SOLE |  | 0 | 0 | 7228 |
| DUKE ENERGY CORP NEW COM NEW | Stock | 26441C204 |  | 720959 | 6151 | SH |  | SOLE |  | 0 | 0 | 6151 |
| ISHARES S 500 GROWTH ETF | ETF | 464287309 |  | 701596 | 5692 | SH |  | SOLE |  | 0 | 0 | 5692 |
| VANGUARD TOTAL STOCK MARKET ETF | ETF | 922908769 |  | 698703 | 2084 | SH |  | SOLE |  | 0 | 0 | 2084 |
| VANGUARD S 500 ETF | ETF | 922908363 |  | 690470 | 1101 | SH |  | SOLE |  | 0 | 0 | 1101 |
| TERNIUM SA SPONSORED ADS | ADR | 880890108 |  | 687420 | 18000 | SH |  | SOLE |  | 0 | 0 | 18000 |
| REGIONS FINANCIAL CORP NEW COM | Stock | 7591EP100 |  | 684411 | 25255 | SH |  | SOLE |  | 0 | 0 | 25255 |
| PFIZER INC COM | Stock | 717081103 |  | 676334 | 27162 | SH |  | SOLE |  | 0 | 0 | 27162 |
| EDISON INTL COM | Stock | 281020107 |  | 664361 | 11069 | SH |  | SOLE |  | 0 | 0 | 11069 |
| SIMON PPTY GROUP INC NEW COM | REIT | 828806109 |  | 661213 | 3572 | SH |  | SOLE |  | 0 | 0 | 3572 |
| ABBOTT LABS COM | Stock | 002824100 |  | 651383 | 5199 | SH |  | SOLE |  | 0 | 0 | 5199 |
| ISHARES SELECT DIVIDEND ETF | ETF | 464287168 |  | 647127 | 4585 | SH |  | SOLE |  | 0 | 0 | 4585 |
| DONALDSON INC COM | Stock | 257651109 |  | 643051 | 7253 | SH |  | SOLE |  | 0 | 0 | 7253 |
| ISHARES RUSSELL MIDCAP ETF | ETF | 464287499 |  | 635575 | 6602 | SH |  | SOLE |  | 0 | 0 | 6602 |
| FIRSTENERGY CORP COM | Stock | 337932107 |  | 631033 | 14095 | SH |  | SOLE |  | 0 | 0 | 14095 |
| CATERPILLAR INC COM | Stock | 149123101 |  | 620991 | 1084 | SH |  | SOLE |  | 0 | 0 | 1084 |
| WELLS FARGO  CO PERP PFD CNV A | Convertible Preferred | 949746804 |  | 603576 | 498 | SH |  | SOLE |  | 0 | 0 | 498 |
| TRAVELERS COMPANIES INC COM | Stock | 89417E109 |  | 585631 | 2019 | SH |  | SOLE |  | 0 | 0 | 2019 |
| ASSOCIATED BANC-CORP COM | Stock | 045487105 |  | 579497 | 22496 | SH |  | SOLE |  | 0 | 0 | 22496 |
| PROCTER  GAMBLE CO COM | Stock | 742718109 |  | 579402 | 4043 | SH |  | SOLE |  | 0 | 0 | 4043 |
| TDIV - FIRST TRUST NASDAQ TECHNOLOGY DIVIDEND INDEX FUND | ETF | 33738R118 |  | 570872 | 5895 | SH |  | SOLE |  | 0 | 0 | 5895 |
| INVESCO QQQ TRUST SERIES I | ETF | 46090E103 |  | 559022 | 910 | SH |  | SOLE |  | 0 | 0 | 910 |
| EQUINIX INC COM | REIT | 29444U700 |  | 530949 | 693 | SH |  | SOLE |  | 0 | 0 | 693 |
| ISHARES RUSSELL 2000 GROWTH ETF | ETF | 464287648 |  | 525214 | 1626 | SH |  | SOLE |  | 0 | 0 | 1626 |
| NORFOLK SOUTHN CORP COM | Stock | 655844108 |  | 511901 | 1773 | SH |  | SOLE |  | 0 | 0 | 1773 |
| CANADIAN NAT RES LTD COM | Stock | 136385101 |  | 488185 | 14422 | SH |  | SOLE |  | 0 | 0 | 14422 |
| RTX CORPORATION COM | Stock | 75513E101 |  | 481425 | 2625 | SH |  | SOLE |  | 0 | 0 | 2625 |
| ISHARES RUSSELL MID-CAP VALUE ETF | ETF | 464287473 |  | 478301 | 3391 | SH |  | SOLE |  | 0 | 0 | 3391 |
| ANTERIS TECHNOLOGIES GLOBAL COM | Stock | 03675P102 |  | 476844 | 95560 | SH |  | SOLE |  | 0 | 0 | 95560 |
| STANLEY BLACK  DECKER INC COM | Stock | 854502101 |  | 476655 | 6417 | SH |  | SOLE |  | 0 | 0 | 6417 |
| WALMART INC COM | Stock | 931142103 |  | 475944 | 4272 | SH |  | SOLE |  | 0 | 0 | 4272 |
| VANGUARD SMALL CAP VALUE ETF | ETF | 922908611 |  | 469750 | 2218 | SH |  | SOLE |  | 0 | 0 | 2218 |
| META PLATFORMS INC CL A | Stock | 30303M102 |  | 469324 | 711 | SH |  | SOLE |  | 0 | 0 | 711 |
| ISHARES TRUST ISHARES 0-1 YEAR TREASURY BOND ETF | ETF | 464288679 |  | 456572 | 4145 | SH |  | SOLE |  | 0 | 0 | 4145 |
| ISHARES MSCI EAFE ETF | ETF | 464287465 |  | 445579 | 4640 | SH |  | SOLE |  | 0 | 0 | 4640 |
| ISHARES MSCI ACWI ETF | ETF | 464288257 |  | 443147 | 3132 | SH |  | SOLE |  | 0 | 0 | 3132 |
| STATE STREET SPDR S HOMEBUILDERS ETF | ETF | 78464A888 |  | 430785 | 4184 | SH |  | SOLE |  | 0 | 0 | 4184 |
| SPROTT ASSET MANAGEMENT LP PHYSICAL GOLD TR | CEF | 85207H104 |  | 429260 | 13000 | SH |  | SOLE |  | 0 | 0 | 13000 |
| SOLSTICE ADVANCED MATLS INC COM SHS | Stock | 83443Q103 |  | 413270 | 8507 | SH |  | SOLE |  | 0 | 0 | 8507 |
| STATE STREET ENERGY SELECT SECTOR SPDR ETF | ETF | 81369Y506 |  | 408202 | 9130 | SH |  | SOLE |  | 0 | 0 | 9130 |
| AT INC COM | Stock | 00206R102 |  | 378189 | 15225 | SH |  | SOLE |  | 0 | 0 | 15225 |
| PALANTIR TECHNOLOGIES INC CL A | Stock | 69608A108 |  | 373808 | 2103 | SH |  | SOLE |  | 0 | 0 | 2103 |
| UFP INDUSTRIES INC COM | Stock | 90278Q108 |  | 368753 | 4050 | SH |  | SOLE |  | 0 | 0 | 4050 |
| iShares MSCI Brazil ETF | ETF | 464286400 |  | 354521 | 11159 | SH |  | SOLE |  | 0 | 0 | 11159 |
| STATE STREET FINANCIAL SELECT SECTOR SPDR ETF | ETF | 81369Y605 |  | 342203 | 6248 | SH |  | SOLE |  | 0 | 0 | 6248 |
| GOLDMAN SACHS GROUP INC COM | Stock | 38141G104 |  | 307650 | 350 | SH |  | SOLE |  | 0 | 0 | 350 |
| RIO TINTO PLC SPONSORED ADR | ADR | 767204100 |  | 304114 | 3800 | SH |  | SOLE |  | 0 | 0 | 3800 |
| DIGI INTL INC COM | Stock | 253798102 |  | 303030 | 7000 | SH |  | SOLE |  | 0 | 0 | 7000 |
| STATE STREET INDUSTRIAL SELECT SECTOR SPDR ETF | ETF | 81369Y704 |  | 289299 | 1865 | SH |  | SOLE |  | 0 | 0 | 1865 |
| ISHARES RUSSELL 2000 VALUE ETF | ETF | 464287630 |  | 285949 | 1578 | SH |  | SOLE |  | 0 | 0 | 1578 |
| EXELON CORP COM | Stock | 30161N101 |  | 274050 | 6287 | SH |  | SOLE |  | 0 | 0 | 6287 |
| ISHARES RUSSELL 1000 ETF | ETF | 464287622 |  | 272611 | 730 | SH |  | SOLE |  | 0 | 0 | 730 |
| CISCO SYS INC COM | Stock | 17275R102 |  | 271685 | 3527 | SH |  | SOLE |  | 0 | 0 | 3527 |
| STATE STREET SPDR S AEROSPACE  DEFENSE ETF | ETF | 78464A631 |  | 253302 | 1050 | SH |  | SOLE |  | 0 | 0 | 1050 |
| FREEPORT-MCMORAN INC CL B | Stock | 35671D857 |  | 251512 | 4952 | SH |  | SOLE |  | 0 | 0 | 4952 |
| WELLS FARGO  CO COM | Stock | 949746101 |  | 244464 | 2623 | SH |  | SOLE |  | 0 | 0 | 2623 |
| KINROSS GOLD CORP COM | Stock | 496902404 |  | 239360 | 8500 | SH |  | SOLE |  | 0 | 0 | 8500 |
| BLACKROCK INC COM | Stock | 09290D101 |  | 237615 | 222 | SH |  | SOLE |  | 0 | 0 | 222 |
| NETFLIX INC. COM | Stock | 64110L106 |  | 235338 | 2510 | SH |  | SOLE |  | 0 | 0 | 2510 |
| LAM RESEARCH CORP COM NEW | Stock | 512807306 |  | 233661 | 1365 | SH |  | SOLE |  | 0 | 0 | 1365 |
| GLOBAL X SILVER MINERS ETF | ETF | 37954Y848 |  | 230933 | 2765 | SH |  | SOLE |  | 0 | 0 | 2765 |
| STATE STREET CONSUMER DISCRETIONARY SELECT SECTOR SPDR ETF | ETF | 81369Y407 |  | 228073 | 1910 | SH |  | SOLE |  | 0 | 0 | 1910 |
| WASTE CONNECTIONS INC COM | Stock | 94106B101 |  | 223584 | 1275 | SH |  | SOLE |  | 0 | 0 | 1275 |
| First Trust Cybersecurity ETF | ETF | 33734X846 |  | 223210 | 3124 | SH |  | SOLE |  | 0 | 0 | 3124 |
| ZSCALER INC COM | Stock | 98980G102 |  | 218847 | 973 | SH |  | SOLE |  | 0 | 0 | 973 |
| SERVICENOW INC COM | Stock | 81762P102 |  | 211402 | 1380 | SH |  | SOLE |  | 0 | 0 | 1380 |
| SALESFORCE INC COM | Stock | 79466L302 |  | 210339 | 794 | SH |  | SOLE |  | 0 | 0 | 794 |
| ORACLE CORP COM | Stock | 68389X105 |  | 209333 | 1074 | SH |  | SOLE |  | 0 | 0 | 1074 |
| ABRDN PHYSICAL GOLD SHARES ETF | ETF | 00326A104 |  | 205688 | 5007 | SH |  | SOLE |  | 0 | 0 | 5007 |
| TRACTOR SUPPLY CO COM | Stock | 892356106 |  | 203041 | 4060 | SH |  | SOLE |  | 0 | 0 | 4060 |
| CROWN CASTLE INC COM | REIT | 22822V101 |  | 202624 | 2280 | SH |  | SOLE |  | 0 | 0 | 2280 |

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