# EDGAR Filing Document

**Accession Number:** 0001600151
**File Stem:** 0001600151-26-000004
**Filing Date:** 2026-5
**Character Count:** 36260
**Document Hash:** eee894daddc45364764bc816676de0cb
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001600151-26-000004.hdr.sgml**: 20260518

**ACCESSION NUMBER**: 0001600151-26-000004

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260518

**DATE AS OF CHANGE**: 20260515

**EFFECTIVENESS DATE**: 20260518

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Arete Wealth Advisors, LLC
- **CENTRAL INDEX KEY:** 0001600151

**ORGANIZATION NAME:**
- **EIN:** 261314502
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-15999
- **FILM NUMBER:** 26990540

**BUSINESS ADDRESS:**
- **STREET 1:** 1115 W FULTON MARKET
- **STREET 2:** 3RD FLOOR
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60607
- **BUSINESS PHONE:** 312-940-3684

**MAIL ADDRESS:**
- **STREET 1:** 1115 W FULTON MARKET
- **STREET 2:** 3RD FLOOR
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60607

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Arete Wealth Management, LLC
- **DATE OF NAME CHANGE:** 20200214

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Arete Wealth Advisors, LLC
- **DATE OF NAME CHANGE:** 20140213

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 03-31-2026

**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:** Arete Wealth Advisors LLC<br>**Address:** 1115 W FULTON MARKET<br>3RD FLOOR<br>CHICAGO, IL 60607

**Form 13F File Number:** 028-15999

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:** Jennifer Nelson<br>**Title:** VP Commissions  Licensing<br>**Phone:** 312-940-3684

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

Jennifer Nelson  Salem, OR  05-15-2026<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:** 329

**Form 13F Information Table Value Total:** $1341051993

      (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 |
| AGF INVTS TR | ETF | 00110G408 |  | 723146 | 51765 | SH |  | SOLE |  | 0 | 0 | 51765 |
| ALPS ETF TR | EQUITY | 00162Q452 |  | 607745 | 11551 | SH |  | SOLE |  | 0 | 0 | 11551 |
| AT INC | EQUITY | 00206R102 |  | 1877088 | 64972 | SH |  | SOLE |  | 0 | 0 | 64972 |
| ABBOTT LABORATORIES | EQUITY | 002824100 |  | 1648021 | 16060 | SH |  | SOLE |  | 0 | 0 | 16060 |
| ABBVIE INC | EQUITY | 00287Y109 |  | 6697852 | 30797 | SH |  | SOLE |  | 0 | 0 | 30797 |
| ETFS GOLD TR | ETF | 00326A104 |  | 4688189 | 105081 | SH |  | SOLE |  | 0 | 0 | 105081 |
| ADVENT CONV  INCOME FD | EQUITY | 00764C109 |  | 3551836 | 317688 | SH |  | SOLE |  | 0 | 0 | 317688 |
| ADVISORS INNER CIRCLE FD II | ETF | 00764Q579 |  | 768990 | 28163 | SH |  | SOLE |  | 0 | 0 | 28163 |
| ADVISORS INNER CIRCLE FD II | ETF | 00764Q587 |  | 465683 | 14215 | SH |  | SOLE |  | 0 | 0 | 14215 |
| ADVISORS INNER CIRCLE FD II | ETF | 00764Q595 |  | 572892 | 18418 | SH |  | SOLE |  | 0 | 0 | 18418 |
| ADVISORS INNER CIRCLE FD II | ETF | 00764Q611 |  | 509550 | 20065 | SH |  | SOLE |  | 0 | 0 | 20065 |
| ADVISORS INNER CIRCLE FD II | ETF | 00764Q629 |  | 1048750 | 41379 | SH |  | SOLE |  | 0 | 0 | 41379 |
| ALPHABET INC | EQUITY | 02079K107 |  | 4282854 | 14930 | SH |  | SOLE |  | 0 | 0 | 14930 |
| ALPHABET INC | EQUITY | 02079K305 |  | 8901959 | 30956 | SH |  | SOLE |  | 0 | 0 | 30956 |
| AMAZON COM INC | EQUITY | 023135106 |  | 10578659 | 50793 | SH |  | SOLE |  | 0 | 0 | 50793 |
| ANALOG DEVICES INC | EQUITY | 032654105 |  | 428396 | 34344 | SH |  | SOLE |  | 0 | 0 | 34344 |
| MIDCAP FINANCIAL INVSTMNT C | EQUITY | 03761U502 |  | 215054 | 19133 | SH |  | SOLE |  | 0 | 0 | 19133 |
| APOLLO GLOBAL MGMT INC | EQUITY | 03769M106 |  | 1359505 | 12201 | SH |  | SOLE |  | 0 | 0 | 12201 |
| APPLE INC | EQUITY | 037833100 |  | 16833668 | 66329 | SH |  | SOLE |  | 0 | 0 | 66329 |
| APPLIED DIGITAL CORP | EQUITY | 038169207 |  | 4115518 | 173358 | SH |  | SOLE |  | 0 | 0 | 173358 |
| AQUESTIVE THERAPEUTICS INC | ETF | 03843E104 |  | 14115949 | 121485 | SH |  | SOLE |  | 0 | 0 | 121485 |
| ARES CAPITAL CORP | EQUITY | 04010L103 |  | 724070 | 40181 | SH |  | SOLE |  | 0 | 0 | 40181 |
| ARK 21SHARES BITCOIN ETF | EQUITY | 040919102 |  | 231062 | 10274 | SH |  | SOLE |  | 0 | 0 | 10274 |
| ARMSTRONG WORLD INDS INC NE | ETF | 04247X102 |  | 2026234 | 37063 | SH |  | SOLE |  | 0 | 0 | 37063 |
| ASSURANT INC | EQUITY | 04621X108 |  | 1531536 | 102248 | SH |  | SOLE |  | 0 | 0 | 102248 |
| ASTRONICS CORP | EQUITY | 046433AD0 |  | 2968514 | 10353 | SH |  | SOLE |  | 0 | 0 | 10353 |
| ATAIBECKLEY INC | EQUITY | 04650F101 |  | 4713035 | 16395 | SH |  | SOLE |  | 0 | 0 | 16395 |
| ATLANTIC UN BANKSHARES CORP | EQUITY | 04911A107 |  | 910052 | 13804 | SH |  | SOLE |  | 0 | 0 | 13804 |
| AUTODESK INC | EQUITY | 052769106 |  | 7474800 | 35896 | SH |  | SOLE |  | 0 | 0 | 35896 |
| AYTU BIOPHARMA INC | EQUITY | 054754858 |  | 3990316 | 49549 | SH |  | SOLE |  | 0 | 0 | 49549 |
| BJS WHSL CLUB HLDGS INC | EQUITY | 05550J101 |  | 1973633 | 19768 | SH |  | SOLE |  | 0 | 0 | 19768 |
| BANK AMERICA CORP | EQUITY | 060505104 |  | 894962 | 18358 | SH |  | SOLE |  | 0 | 0 | 18358 |
| BITWISE BITCOIN ETF TR | EQUITY | 09174C104 |  | 711868 | 19339 | SH |  | SOLE |  | 0 | 0 | 19339 |
| BITWISE FUNDS TRUST | EQUITY | 09175C103 |  | 298931 | 15850 | SH |  | SOLE |  | 0 | 0 | 15850 |
| BITWISE ETHEREUM ETF | EQUITY | 091955104 |  | 358650 | 23910 | SH |  | SOLE |  | 0 | 0 | 23910 |
| BLACKROCK ETF TRUST II | EQUITY | 092528603 |  | 997781 | 19213 | SH |  | SOLE |  | 0 | 0 | 19213 |
| BLACKROCK ETF TRUST | EQUITY | 09290C103 |  | 1090242 | 18739 | SH |  | SOLE |  | 0 | 0 | 18739 |
| BNY MELLON STRATEGIC MUN BD | EQUITY | 09662E109 |  | 202523 | 34066 | SH |  | SOLE |  | 0 | 0 | 34066 |
| BORGWARNER INC | ETF | 099724106 |  | 857207 | 19144 | SH |  | SOLE |  | 0 | 0 | 19144 |
| BROADCOM INC | EQUITY | 11135F101 |  | 7200547 | 23263 | SH |  | SOLE |  | 0 | 0 | 23263 |
| CARLYLE GROUP INC | EQUITY | 14316J108 |  | 721498 | 14910 | SH |  | SOLE |  | 0 | 0 | 14910 |
| CARRIER GLOBAL CORPORATION | EQUITY | 14448C104 |  | 2343274 | 41613 | SH |  | SOLE |  | 0 | 0 | 41613 |
| CERENCE INC | EQUITY | 156727AD1 |  | 21607637 | 85217 | SH |  | SOLE |  | 0 | 0 | 85217 |
| CHEVRON CORPORATION | EQUITY | 166764100 |  | 2228309 | 10769 | SH |  | SOLE |  | 0 | 0 | 10769 |
| CHIPOTLE MEXICAN GRILL INC | EQUITY | 169656105 |  | 2849562 | 11364 | SH |  | SOLE |  | 0 | 0 | 11364 |
| COCA COLA CO | EQUITY | 191216100 |  | 1640614 | 21572 | SH |  | SOLE |  | 0 | 0 | 21572 |
| COLUMBIA BKG SYS INC | EQUITY | 197236102 |  | 1772875 | 14423 | SH |  | SOLE |  | 0 | 0 | 14423 |
| ETFIS SER TR I | EQUITY | 26923G707 |  | 246079 | 10816 | SH |  | SOLE |  | 0 | 0 | 10816 |
| ETF OPPORTUNITIES TRUST | EQUITY | 26923N553 |  | 895002 | 38661 | SH |  | SOLE |  | 0 | 0 | 38661 |
| EBAY INC. | EQUITY | 278642103 |  | 642792 | 11567 | SH |  | SOLE |  | 0 | 0 | 11567 |
| EDITAS MEDICINE INC | EQUITY | 28106W103 |  | 1740143 | 35764 | SH |  | SOLE |  | 0 | 0 | 35764 |
| ELECTRONIC ARTS INC | EQUITY | 285512109 |  | 1186613 | 10015 | SH |  | SOLE |  | 0 | 0 | 10015 |
| ENERGY TRANSFER L P | EQUITY | 29273V100 |  | 581544 | 30131 | SH |  | SOLE |  | 0 | 0 | 30131 |
| ENTERPRISE PRODS PARTNERS L | EQUITY | 293792107 |  | 622732 | 16457 | SH |  | SOLE |  | 0 | 0 | 16457 |
| EVERSOURCE ENERGY | EQUITY | 30040W108 |  | 757067 | 11289 | SH |  | SOLE |  | 0 | 0 | 11289 |
| EXCHANGE LISTED FDS TR | ETF | 30151E806 |  | 6284529 | 279934 | SH |  | SOLE |  | 0 | 0 | 279934 |
| F ANNUITIES  LIFE INC | EQUITY | 30190A104 |  | 6048478 | 12791 | SH |  | SOLE |  | 0 | 0 | 12791 |
| EXXON MOBIL CORP | EQUITY | 30231G102 |  | 12882046 | 75930 | SH |  | SOLE |  | 0 | 0 | 75930 |
| FS KKR CAP CORP | EQUITY | 302635206 |  | 2146337 | 210649 | SH |  | SOLE |  | 0 | 0 | 210649 |
| FS CREDIT OPPORTUNITIES COR | EQUITY | 30290Y101 |  | 290553 | 56747 | SH |  | SOLE |  | 0 | 0 | 56747 |
| META PLATFORMS INC | EQUITY | 30303M102 |  | 9198152 | 16077 | SH |  | SOLE |  | 0 | 0 | 16077 |
| FIDELITY WISE ORIGIN BITCOI | EQUITY | 315948109 |  | 1427766 | 24193 | SH |  | SOLE |  | 0 | 0 | 24193 |
| FIDELITY COVINGTON TRUST | EQUITY | 316092402 |  | 347616 | 10218 | SH |  | SOLE |  | 0 | 0 | 10218 |
| FIDELITY MERRIMACK STR TR | EQUITY | 316188309 |  | 35948405 | 787482 | SH |  | SOLE |  | 0 | 0 | 787482 |
| FIDELITY MERRIMACK STR TR | EQUITY | 316188408 |  | 6030694 | 120505 | SH |  | SOLE |  | 0 | 0 | 120505 |
| FIFTH THIRD BANCORP | EQUITY | 316773100 |  | 1458907 | 31435 | SH |  | SOLE |  | 0 | 0 | 31435 |
| FIRST HORIZON CORPORATION | EQUITY | 320517105 |  | 10488768 | 1910481 | SH |  | SOLE |  | 0 | 0 | 1910481 |
| FIRST TR EXCHANGE-TRADED FD | EQUITY | 336917109 |  | 2666122 | 54044 | SH |  | SOLE |  | 0 | 0 | 54044 |
| FIRST TR EXCHANGE-TRADED FD | ETF | 33738D309 |  | 2000357 | 44621 | SH |  | SOLE |  | 0 | 0 | 44621 |
| FIRST TR EXCHANGE-TRADED FD | ETF | 33739Q408 |  | 2983554 | 49909 | SH |  | SOLE |  | 0 | 0 | 49909 |
| FIRST TR EXCHNG TRADED FD V | ETF | 33740F219 |  | 351351 | 15015 | SH |  | SOLE |  | 0 | 0 | 15015 |
| FIRST TR EXCHNG TRADED FD V | ETF | 33740F441 |  | 534560 | 13000 | SH |  | SOLE |  | 0 | 0 | 13000 |
| FIRST TR EXCHNG TRADED FD V | EQUITY | 33740F755 |  | 461720 | 13680 | SH |  | SOLE |  | 0 | 0 | 13680 |
| FIRST TR EXCHNG TRADED FD V | ETF | 33740U570 |  | 437176 | 13050 | SH |  | SOLE |  | 0 | 0 | 13050 |
| FIRST TR EXCHNG TRADED FD V | ETF | 33740U737 |  | 1062176 | 25850 | SH |  | SOLE |  | 0 | 0 | 25850 |
| FIRST TR HIGH YIELD OPPRT 2 | EQUITY | 33741Q107 |  | 604035 | 44863 | SH |  | SOLE |  | 0 | 0 | 44863 |
| FRESHPET INC | EQUITY | 358039AB1 |  | 3546876 | 657987 | SH |  | SOLE |  | 0 | 0 | 657987 |
| GEE GROUP INC | EQUITY | 36165A102 |  | 44770593 | 866242 | SH |  | SOLE |  | 0 | 0 | 866242 |
| GARRETT MOTION INC | EQUITY | 366505105 |  | 1160012 | 12318 | SH |  | SOLE |  | 0 | 0 | 12318 |
| GLOBAL NET LEASE INC | EQUITY | 379378201 |  | 2898427 | 309168 | SH |  | SOLE |  | 0 | 0 | 309168 |
| GLOBAL X FDS | EQUITY | 37954Y483 |  | 342138 | 19954 | SH |  | SOLE |  | 0 | 0 | 19954 |
| GOLDEN ENTMT INC | EQUITY | 381013101 |  | 3171177 | 190916 | SH |  | SOLE |  | 0 | 0 | 190916 |
| GOLDMAN SACHS PHYSICAL GOLD | EQUITY | 38150K103 |  | 1041630 | 22551 | SH |  | SOLE |  | 0 | 0 | 22551 |
| GRAYSCALE FUNDS TRUST | EQUITY | 38963H305 |  | 216272 | 13900 | SH |  | SOLE |  | 0 | 0 | 13900 |
| GRAYSCALE BITCOIN MINI TR E | EQUITY | 389930207 |  | 320292 | 10680 | SH |  | SOLE |  | 0 | 0 | 10680 |
| AMERICAN HEALTHCARE REIT IN | EQUITY | 398182303 |  | 682203 | 14428 | SH |  | SOLE |  | 0 | 0 | 14428 |
| HARTFORD FDS EXCHANGE TRADE | ETF | 41653L404 |  | 383233 | 20149 | SH |  | SOLE |  | 0 | 0 | 20149 |
| HEALTHPEAK PROPERTIES INC | EQUITY | 42250P103 |  | 477489 | 29051 | SH |  | SOLE |  | 0 | 0 | 29051 |
| HOLOGIC INC | EQUITY | 436440101 |  | 2489035 | 58082 | SH |  | SOLE |  | 0 | 0 | 58082 |
| HOME DEPOT INC | EQUITY | 437076102 |  | 6177016 | 18804 | SH |  | SOLE |  | 0 | 0 | 18804 |
| HORMEL FOODS CORP | EQUITY | 440452100 |  | 469228 | 20708 | SH |  | SOLE |  | 0 | 0 | 20708 |
| HUBSPOT INC | EQUITY | 443573100 |  | 3937698 | 12738 | SH |  | SOLE |  | 0 | 0 | 12738 |
| IMMUNITYBIO INC | EQUITY | 45256X103 |  | 4500249 | 586734 | SH |  | SOLE |  | 0 | 0 | 586734 |
| INCANNEX HEALTHCARE INC | EQUITY | 45333F208 |  | 219501 | 73167 | SH |  | SOLE |  | 0 | 0 | 73167 |
| INNOVATOR ETFS TRUST | ETF | 45782C375 |  | 755911 | 19031 | SH |  | SOLE |  | 0 | 0 | 19031 |
| INNOVATOR ETFS TRUST | ETF | 45782C532 |  | 1573285 | 40486 | SH |  | SOLE |  | 0 | 0 | 40486 |
| INNOVATOR ETFS TRUST | ETF | 45782C565 |  | 526249 | 14120 | SH |  | SOLE |  | 0 | 0 | 14120 |
| INNOVATOR ETFS TRUST | ETF | 45782C649 |  | 1253792 | 32472 | SH |  | SOLE |  | 0 | 0 | 32472 |
| INNOVATOR ETFS TRUST | ETF | 45782C839 |  | 2235954 | 58380 | SH |  | SOLE |  | 0 | 0 | 58380 |
| INNOVATOR ETFS TRUST | EQUITY | 45784N767 |  | 10516999 | 596532 | SH |  | SOLE |  | 0 | 0 | 596532 |
| INTEL CORP | EQUITY | 458140100 |  | 680050 | 15407 | SH |  | SOLE |  | 0 | 0 | 15407 |
| INTERNATIONAL BUSINESS MACH | EQUITY | 459200101 |  | 7547745 | 31154 | SH |  | SOLE |  | 0 | 0 | 31154 |
| INVESCO ACTIVELY MANAGED EX | ETF | 46090A879 |  | 446860 | 17853 | SH |  | SOLE |  | 0 | 0 | 17853 |
| INVESCO ACTIVELY MANAGED EX | ETF | 46090A887 |  | 792304 | 15806 | SH |  | SOLE |  | 0 | 0 | 15806 |
| INVESCO QQQ TR | EQUITY | 46090E103 |  | 9734652 | 16867 | SH |  | SOLE |  | 0 | 0 | 16867 |
| INVESCO GALAXY BITCOIN ETF | ETF | 46091J101 |  | 3102455 | 46051 | SH |  | SOLE |  | 0 | 0 | 46051 |
| INVESCO EXCHANGE TRADED FD | ETF | 46137V100 |  | 3245423 | 19621 | SH |  | SOLE |  | 0 | 0 | 19621 |
| INVESCO EXCHANGE TRADED FD | EQUITY | 46137V241 |  | 2516701 | 33497 | SH |  | SOLE |  | 0 | 0 | 33497 |
| INVESCO EXCHANGE TRADED FD | ETF | 46137V274 |  | 2968143 | 36646 | SH |  | SOLE |  | 0 | 0 | 36646 |
| INVESCO EXCHANGE TRADED FD | EQUITY | 46137V357 |  | 38912698 | 202900 | SH |  | SOLE |  | 0 | 0 | 202900 |
| INVESCO EXCH TRADED FD TR I | EQUITY | 46138E784 |  | 305924 | 14621 | SH |  | SOLE |  | 0 | 0 | 14621 |
| INVESCO EXCH TRADED FD TR I | EQUITY | 46138G649 |  | 5240134 | 22055 | SH |  | SOLE |  | 0 | 0 | 22055 |
| INVESCO EXCH TRD SLF IDX FD | ETF | 46138J585 |  | 301972 | 13502 | SH |  | SOLE |  | 0 | 0 | 13502 |
| INVESCO EXCH TRD SLF IDX FD | ETF | 46138J635 |  | 301555 | 13013 | SH |  | SOLE |  | 0 | 0 | 13013 |
| INVESCO EXCH TRD SLF IDX FD | EQUITY | 46138J643 |  | 485276 | 23757 | SH |  | SOLE |  | 0 | 0 | 23757 |
| INVESCO EXCH TRD SLF IDX FD | ETF | 46138J783 |  | 532033 | 27110 | SH |  | SOLE |  | 0 | 0 | 27110 |
| INVESCO EXCH TRD SLF IDX FD | ETF | 46138J791 |  | 531022 | 27204 | SH |  | SOLE |  | 0 | 0 | 27204 |
| INVESCO GALAXY ETHEREUM ETF | EQUITY | 46148D107 |  | 1198792 | 31988 | SH |  | SOLE |  | 0 | 0 | 31988 |
| ISHARES GOLD TR | EQUITY | 464285204 |  | 2904473 | 32954 | SH |  | SOLE |  | 0 | 0 | 32954 |
| ISHARES TR | EQUITY | 464287176 |  | 1508726 | 13660 | SH |  | SOLE |  | 0 | 0 | 13660 |
| ISHARES TR | EQUITY | 464287200 |  | 8300052 | 12709 | SH |  | SOLE |  | 0 | 0 | 12709 |
| ISHARES TR | EQUITY | 464287226 |  | 6104527 | 61437 | SH |  | SOLE |  | 0 | 0 | 61437 |
| ISHARES TR | EQUITY | 464287242 |  | 1117223 | 10249 | SH |  | SOLE |  | 0 | 0 | 10249 |
| ISHARES TR | EQUITY | 464287309 |  | 2806708 | 24823 | SH |  | SOLE |  | 0 | 0 | 24823 |
| ISHARES TR | EQUITY | 464287432 |  | 2328877 | 26776 | SH |  | SOLE |  | 0 | 0 | 26776 |
| ISHARES TR | EQUITY | 464287440 |  | 3528934 | 36924 | SH |  | SOLE |  | 0 | 0 | 36924 |
| ISHARES TR | EQUITY | 464287457 |  | 4903995 | 59390 | SH |  | SOLE |  | 0 | 0 | 59390 |
| ISHARES TR | EQUITY | 464287465 |  | 3033162 | 31256 | SH |  | SOLE |  | 0 | 0 | 31256 |
| ISHARES TR | EQUITY | 464287507 |  | 1672084 | 24783 | SH |  | SOLE |  | 0 | 0 | 24783 |
| ISHARES TR | EQUITY | 464287515 |  | 4354948 | 54529 | SH |  | SOLE |  | 0 | 0 | 54529 |
| ISHARES TR | EQUITY | 464287598 |  | 10141127 | 47462 | SH |  | SOLE |  | 0 | 0 | 47462 |
| ISHARES TR | EQUITY | 464287614 |  | 11385435 | 26723 | SH |  | SOLE |  | 0 | 0 | 26723 |
| ISHARES TR | EQUITY | 464287655 |  | 7391728 | 29826 | SH |  | SOLE |  | 0 | 0 | 29826 |
| ISHARES TR | EQUITY | 464287697 |  | 6975190 | 60100 | SH |  | SOLE |  | 0 | 0 | 60100 |
| ISHARES TR | EQUITY | 464287804 |  | 2920918 | 23513 | SH |  | SOLE |  | 0 | 0 | 23513 |
| ISHARES TR | EQUITY | 464288513 |  | 884567 | 11118 | SH |  | SOLE |  | 0 | 0 | 11118 |
| ISHARES TR | EQUITY | 464288588 |  | 1401784 | 14761 | SH |  | SOLE |  | 0 | 0 | 14761 |
| ISHARES TR | EQUITY | 464288620 |  | 783581 | 15285 | SH |  | SOLE |  | 0 | 0 | 15285 |
| ISHARES TR | EQUITY | 464288653 |  | 1092586 | 10847 | SH |  | SOLE |  | 0 | 0 | 10847 |
| ISHARES TR | EQUITY | 464288661 |  | 2700100 | 22751 | SH |  | SOLE |  | 0 | 0 | 22751 |
| ISHARES TR | EQUITY | 464288679 |  | 9994730 | 90540 | SH |  | SOLE |  | 0 | 0 | 90540 |
| ISHARES TR | EQUITY | 464288687 |  | 474555 | 15651 | SH |  | SOLE |  | 0 | 0 | 15651 |
| ISHARES TR | EQUITY | 464288760 |  | 3721949 | 17035 | SH |  | SOLE |  | 0 | 0 | 17035 |
| ISHARES TR | EQUITY | 464288877 |  | 23495140 | 315844 | SH |  | SOLE |  | 0 | 0 | 315844 |
| ISHARES TR | EQUITY | 464288885 |  | 6784684 | 60907 | SH |  | SOLE |  | 0 | 0 | 60907 |
| ISHARES SILVER TR | EQUITY | 46428Q109 |  | 6112846 | 89794 | SH |  | SOLE |  | 0 | 0 | 89794 |
| ISHARES TR | EQUITY | 46429B267 |  | 1750546 | 76409 | SH |  | SOLE |  | 0 | 0 | 76409 |
| ISHARES TR | ETF | 46429B366 |  | 792839 | 16260 | SH |  | SOLE |  | 0 | 0 | 16260 |
| ISHARES TR | EQUITY | 46432F834 |  | 1264209 | 14592 | SH |  | SOLE |  | 0 | 0 | 14592 |
| ISHARES TR | EQUITY | 46432F842 |  | 2646935 | 29245 | SH |  | SOLE |  | 0 | 0 | 29245 |
| ISHARES TR | EQUITY | 46432F859 |  | 586736 | 12106 | SH |  | SOLE |  | 0 | 0 | 12106 |
| ISHARES INC | EQUITY | 46434G103 |  | 4776765 | 68474 | SH |  | SOLE |  | 0 | 0 | 68474 |
| ISHARES TR | EQUITY | 46434V407 |  | 2272545 | 53729 | SH |  | SOLE |  | 0 | 0 | 53729 |
| ISHARES TR | EQUITY | 46434V456 |  | 1208865 | 26168 | SH |  | SOLE |  | 0 | 0 | 26168 |
| ISHARES TR | EQUITY | 46434V613 |  | 3100737 | 67127 | SH |  | SOLE |  | 0 | 0 | 67127 |
| ISHARES TR | EQUITY | 46434V621 |  | 4377368 | 62426 | SH |  | SOLE |  | 0 | 0 | 62426 |
| ISHARES TR | EQUITY | 46435G474 |  | 314466 | 11766 | SH |  | SOLE |  | 0 | 0 | 11766 |
| ISHARES TR | EQUITY | 46435G672 |  | 763081 | 15249 | SH |  | SOLE |  | 0 | 0 | 15249 |
| ISHARES TR | EQUITY | 46436E718 |  | 2825251 | 28066 | SH |  | SOLE |  | 0 | 0 | 28066 |
| ISHARES BITCOIN TRUST ETF | EQUITY | 46438F101 |  | 1627604 | 42369 | SH |  | SOLE |  | 0 | 0 | 42369 |
| JPMORGAN CHASE  CO | EQUITY | 46625H100 |  | 9078823 | 30882 | SH |  | SOLE |  | 0 | 0 | 30882 |
| J P MORGAN EXCHANGE TRADED | ETF | 46641Q118 |  | 1537348 | 23066 | SH |  | SOLE |  | 0 | 0 | 23066 |
| J P MORGAN EXCHANGE TRADED | ETF | 46641Q134 |  | 758538 | 10015 | SH |  | SOLE |  | 0 | 0 | 10015 |
| J P MORGAN EXCHANGE TRADED | EQUITY | 46641Q332 |  | 772599 | 13630 | SH |  | SOLE |  | 0 | 0 | 13630 |
| J P MORGAN EXCHANGE TRADED | ETF | 46641Q670 |  | 2947103 | 62544 | SH |  | SOLE |  | 0 | 0 | 62544 |
| JANUS DETROIT STR TR | ETF | 47103U845 |  | 545596 | 10835 | SH |  | SOLE |  | 0 | 0 | 10835 |
| JOHN HANCOCK EXCHANGE TRADE | ETF | 47804J727 |  | 2028662 | 56627 | SH |  | SOLE |  | 0 | 0 | 56627 |
| JOHNSON  JOHNSON | EQUITY | 478160104 |  | 19626335 | 80292 | SH |  | SOLE |  | 0 | 0 | 80292 |
| KLA CORP | EQUITY | 482480100 |  | 1482318 | 23666 | SH |  | SOLE |  | 0 | 0 | 23666 |
| STRATEGIC TRUST | EQUITY | 48817R870 |  | 1285823 | 39920 | SH |  | SOLE |  | 0 | 0 | 39920 |
| ZEVRA THERAPEUTICS INC | EQUITY | 488445206 |  | 617201 | 66397 | SH |  | SOLE |  | 0 | 0 | 66397 |
| KEURIG DR PEPPER INC | EQUITY | 49271V100 |  | 400754 | 11927 | SH |  | SOLE |  | 0 | 0 | 11927 |
| KIMBERLY-CLARK CORP | EQUITY | 494368103 |  | 1268542 | 13151 | SH |  | SOLE |  | 0 | 0 | 13151 |
| KINDER MORGAN INC DEL | EQUITY | 49456B101 |  | 2659764 | 79685 | SH |  | SOLE |  | 0 | 0 | 79685 |
| KINROSS GOLD CORP | EQUITY | 496902404 |  | 2518354 | 82638 | SH |  | SOLE |  | 0 | 0 | 82638 |
| KIRBY CORP | EQUITY | 497266106 |  | 2917547 | 22169 | SH |  | SOLE |  | 0 | 0 | 22169 |
| KITE REALTY GROUP TRUST | EQUITY | 49803T300 |  | 322123 | 13095 | SH |  | SOLE |  | 0 | 0 | 13095 |
| LAM RESEARCH CORP | EQUITY | 512807306 |  | 2813353 | 13174 | SH |  | SOLE |  | 0 | 0 | 13174 |
| CYPHERPUNK TECHNOLOGIES INC | EQUITY | 52187K200 |  | 294678 | 12488 | SH |  | SOLE |  | 0 | 0 | 12488 |
| LEGG MASON ETF INVT | ETF | 52468L505 |  | 500992 | 12369 | SH |  | SOLE |  | 0 | 0 | 12369 |
| MPLX LP | EQUITY | 55336V100 |  | 722443 | 12659 | SH |  | SOLE |  | 0 | 0 | 12659 |
| MAIN STR CAP CORP | EQUITY | 56035L104 |  | 1147153 | 21664 | SH |  | SOLE |  | 0 | 0 | 21664 |
| MANAGED PORTFOLIO SERIES | ETF | 56167N183 |  | 3601546 | 148548 | SH |  | SOLE |  | 0 | 0 | 148548 |
| MASTEC INC | EQUITY | 576323109 |  | 3955756 | 13097 | SH |  | SOLE |  | 0 | 0 | 13097 |
| MCDONALDS CORP | EQUITY | 580135101 |  | 10208027 | 32857 | SH |  | SOLE |  | 0 | 0 | 32857 |
| MERCK  CO INC | EQUITY | 58933Y105 |  | 6179462 | 51371 | SH |  | SOLE |  | 0 | 0 | 51371 |
| METLIFE INC | EQUITY | 59156R108 |  | 1209108 | 17128 | SH |  | SOLE |  | 0 | 0 | 17128 |
| MICROSOFT CORP | EQUITY | 594918104 |  | 17740129 | 47897 | SH |  | SOLE |  | 0 | 0 | 47897 |
| MONOLITHIC PWR SYS INC | EQUITY | 609839105 |  | 2267999 | 27527 | SH |  | SOLE |  | 0 | 0 | 27527 |
| MORGAN STANLEY ETF TRUST | ETF | 61774R858 |  | 817915 | 16298 | SH |  | SOLE |  | 0 | 0 | 16298 |
| MOTOROLA SOLUTIONS INC | EQUITY | 620076307 |  | 1708415 | 14575 | SH |  | SOLE |  | 0 | 0 | 14575 |
| NAVITAS SEMICONDUCTOR CORP | EQUITY | 63942X106 |  | 1437929 | 163960 | SH |  | SOLE |  | 0 | 0 | 163960 |
| NETFLIX INC. | EQUITY | 64110L106 |  | 2793765 | 29063 | SH |  | SOLE |  | 0 | 0 | 29063 |
| NEUROCRINE BIOSCIENCES INC | EQUITY | 64125C109 |  | 1754573 | 23053 | SH |  | SOLE |  | 0 | 0 | 23053 |
| NEUBERGER ENGY INFRSTR  IN | EQUITY | 64129H104 |  | 227027 | 21601 | SH |  | SOLE |  | 0 | 0 | 21601 |
| FS SPECIALTY LENDING FD | EQUITY | 644323107 |  | 796974 | 63781 | SH |  | SOLE |  | 0 | 0 | 63781 |
| NEWMONT CORP | EQUITY | 651639106 |  | 4806818 | 44567 | SH |  | SOLE |  | 0 | 0 | 44567 |
| NEXTERA ENERGY INC | EQUITY | 65339F101 |  | 2575938 | 27728 | SH |  | SOLE |  | 0 | 0 | 27728 |
| NOKIA CORP | EQUITY | 654902204 |  | 2105581 | 261889 | SH |  | SOLE |  | 0 | 0 | 261889 |
| NVIDIA CORPORATION | EQUITY | 67066G104 |  | 34076598 | 195411 | SH |  | SOLE |  | 0 | 0 | 195411 |
| NUVEEN FLOATING RATE INCOME | EQUITY | 67072T108 |  | 580205 | 23717 | SH |  | SOLE |  | 0 | 0 | 23717 |
| ONEOK INC NEW | EQUITY | 682680103 |  | 4935980 | 54666 | SH |  | SOLE |  | 0 | 0 | 54666 |
| OTIS WORLDWIDE CORP | EQUITY | 68902V107 |  | 1619513 | 21011 | SH |  | SOLE |  | 0 | 0 | 21011 |
| OUTFRONT MEDIA INC | EQUITY | 69007J304 |  | 1994341 | 15132 | SH |  | SOLE |  | 0 | 0 | 15132 |
| BLUE OWL CAPITAL CORPORATIO | EQUITY | 69121K104 |  | 299519 | 27081 | SH |  | SOLE |  | 0 | 0 | 27081 |
| PDF SOLUTIONS INC | EQUITY | 693282105 |  | 855884 | 30108 | SH |  | SOLE |  | 0 | 0 | 30108 |
| PGIM ETF TR | ETF | 69344A107 |  | 18705243 | 377807 | SH |  | SOLE |  | 0 | 0 | 377807 |
| PGIM ETF TR | EQUITY | 69344A883 |  | 275021 | 568227 | SH |  | SOLE |  | 0 | 0 | 568227 |
| PALANTIR TECHNOLOGIES INC | EQUITY | 69608A108 |  | 2923260 | 19984 | SH |  | SOLE |  | 0 | 0 | 19984 |
| PALVELLA THERAPEUTICS INC N | EQUITY | 697947109 |  | 1002729 | 17470 | SH |  | SOLE |  | 0 | 0 | 17470 |
| PAYCHEX INC | EQUITY | 704326107 |  | 2928070 | 35351 | SH |  | SOLE |  | 0 | 0 | 35351 |
| PAYPAL HLDGS INC | EQUITY | 70450Y103 |  | 1120657 | 24804 | SH |  | SOLE |  | 0 | 0 | 24804 |
| PEPSICO INC | EQUITY | 713448108 |  | 2647804 | 17054 | SH |  | SOLE |  | 0 | 0 | 17054 |
| PFIZER INC | EQUITY | 717081103 |  | 3351745 | 119492 | SH |  | SOLE |  | 0 | 0 | 119492 |
| PHILIP MORRIS INTL INC | EQUITY | 718172109 |  | 2064338 | 12484 | SH |  | SOLE |  | 0 | 0 | 12484 |
| PIMCO ETF TR | EQUITY | 72201R585 |  | 2321513 | 88559 | SH |  | SOLE |  | 0 | 0 | 88559 |
| PIMCO ETF TR | EQUITY | 72201R833 |  | 2875710 | 28591 | SH |  | SOLE |  | 0 | 0 | 28591 |
| PLANET LABS PBC | EQUITY | 72703X106 |  | 2981612 | 106675 | SH |  | SOLE |  | 0 | 0 | 106675 |
| PRINCIPAL EXCHANGE TRADED F | ETF | 74255Y607 |  | 3726922 | 65093 | SH |  | SOLE |  | 0 | 0 | 65093 |
| PROCTER  GAMBLE CO | EQUITY | 742718109 |  | 3425830 | 23718 | SH |  | SOLE |  | 0 | 0 | 23718 |
| PROFESIONALLY MANAGED PORTF | EQUITY | 74316P579 |  | 8627605 | 163525 | SH |  | SOLE |  | 0 | 0 | 163525 |
| PROSHARES TR | ETF | 74347B540 |  | 3479646 | 214198 | SH |  | SOLE |  | 0 | 0 | 214198 |
| PROSHARES TR | ETF | 74349Y753 |  | 10853098 | 286134 | SH |  | SOLE |  | 0 | 0 | 286134 |
| PRUDENTIAL FINL INC | EQUITY | 744320102 |  | 1411051 | 14461 | SH |  | SOLE |  | 0 | 0 | 14461 |
| PUTNAM ETF TRUST | ETF | 746729300 |  | 32537656 | 701242 | SH |  | SOLE |  | 0 | 0 | 701242 |
| RACKSPACE TECHNOLOGY INC | EQUITY | 750102105 |  | 219475 | 224000 | SH |  | SOLE |  | 0 | 0 | 224000 |
| RTX CORPORATION | EQUITY | 75513E101 |  | 9862721 | 51138 | SH |  | SOLE |  | 0 | 0 | 51138 |
| RBB FUND TRUST | ETF | 75526L860 |  | 506842 | 36915 | SH |  | SOLE |  | 0 | 0 | 36915 |
| RIVERNORTH OPPORTUNITIES FD | EQUITY | 76881Y109 |  | 4866746 | 437265 | SH |  | SOLE |  | 0 | 0 | 437265 |
| ROBERT HALF INC. | EQUITY | 770323103 |  | 996516 | 15050 | SH |  | SOLE |  | 0 | 0 | 15050 |
| ROCKET COS INC | EQUITY | 77311W101 |  | 278870 | 19570 | SH |  | SOLE |  | 0 | 0 | 19570 |
| NEOS ETF TRUST | ETF | 78433H303 |  | 3082987 | 62516 | SH |  | SOLE |  | 0 | 0 | 62516 |
| NEOS ETF TRUST | EQUITY | 78433H675 |  | 2872086 | 57796 | SH |  | SOLE |  | 0 | 0 | 57796 |
| STATE STR SPDR S 500 ETF | EQUITY | 78462F103 |  | 18351658 | 29233 | SH |  | SOLE |  | 0 | 0 | 29233 |
| SPDR GOLD TR | EQUITY | 78463V107 |  | 22559638 | 52425 | SH |  | SOLE |  | 0 | 0 | 52425 |
| SPDR INDEX SHS FDS | EQUITY | 78463X509 |  | 3407004 | 72662 | SH |  | SOLE |  | 0 | 0 | 72662 |
| SPDR INDEX SHS FDS | ETF | 78463X871 |  | 2636882 | 62357 | SH |  | SOLE |  | 0 | 0 | 62357 |
| SPDR INDEX SHS FDS | EQUITY | 78463X889 |  | 8878399 | 194586 | SH |  | SOLE |  | 0 | 0 | 194586 |
| SPDR SERIES TRUST | EQUITY | 78464A367 |  | 1689767 | 75872 | SH |  | SOLE |  | 0 | 0 | 75872 |
| SPDR SERIES TRUST | EQUITY | 78464A375 |  | 838656 | 25001 | SH |  | SOLE |  | 0 | 0 | 25001 |
| SPDR SERIES TRUST | EQUITY | 78464A409 |  | 6993715 | 71471 | SH |  | SOLE |  | 0 | 0 | 71471 |
| SPDR SERIES TRUST | ETF | 78464A474 |  | 2452698 | 81527 | SH |  | SOLE |  | 0 | 0 | 81527 |
| SPDR SERIES TRUST | EQUITY | 78464A508 |  | 4656396 | 82370 | SH |  | SOLE |  | 0 | 0 | 82370 |
| SPDR SERIES TRUST | EQUITY | 78464A649 |  | 34540591 | 1347198 | SH |  | SOLE |  | 0 | 0 | 1347198 |
| SPDR SERIES TRUST | EQUITY | 78464A664 |  | 1230874 | 46738 | SH |  | SOLE |  | 0 | 0 | 46738 |
| SPDR SERIES TRUST | EQUITY | 78464A805 |  | 13542197 | 171376 | SH |  | SOLE |  | 0 | 0 | 171376 |
| SPDR SERIES TRUST | ETF | 78464A847 |  | 1718162 | 29052 | SH |  | SOLE |  | 0 | 0 | 29052 |
| SPDR SERIES TRUST | EQUITY | 78464A854 |  | 26878525 | 351387 | SH |  | SOLE |  | 0 | 0 | 351387 |
| SSGA ACTIVE ETF TR | EQUITY | 78467V608 |  | 539267 | 13433 | SH |  | SOLE |  | 0 | 0 | 13433 |
| SPDR SERIES TRUST | EQUITY | 78468R408 |  | 705665 | 28250 | SH |  | SOLE |  | 0 | 0 | 28250 |
| SPDR SERIES TRUST | ETF | 78468R440 |  | 376362 | 10680 | SH |  | SOLE |  | 0 | 0 | 10680 |
| SPDR SERIES TRUST | EQUITY | 78468R515 |  | 295269 | 11906 | SH |  | SOLE |  | 0 | 0 | 11906 |
| SPDR SERIES TRUST | ETF | 78468R556 |  | 4972126 | 27369 | SH |  | SOLE |  | 0 | 0 | 27369 |
| SPDR SERIES TRUST | EQUITY | 78468R606 |  | 1272456 | 54558 | SH |  | SOLE |  | 0 | 0 | 54558 |
| SPDR SERIES TRUST | EQUITY | 78468R663 |  | 12066224 | 131669 | SH |  | SOLE |  | 0 | 0 | 131669 |
| SPDR SERIES TRUST | EQUITY | 78468R788 |  | 582459 | 12805 | SH |  | SOLE |  | 0 | 0 | 12805 |
| SPDR SERIES TRUST | EQUITY | 78468R853 |  | 1474469 | 30521 | SH |  | SOLE |  | 0 | 0 | 30521 |
| SCHWAB STRATEGIC TR | EQUITY | 808524706 |  | 571721 | 17358 | SH |  | SOLE |  | 0 | 0 | 17358 |
| SCHWAB STRATEGIC TR | EQUITY | 808524771 |  | 663666 | 23860 | SH |  | SOLE |  | 0 | 0 | 23860 |
| SCHWAB STRATEGIC TR | EQUITY | 808524797 |  | 845852 | 27577 | SH |  | SOLE |  | 0 | 0 | 27577 |
| SCHWAB STRATEGIC TR | EQUITY | 808524870 |  | 753187 | 28289 | SH |  | SOLE |  | 0 | 0 | 28289 |
| MATIV HOLDINGS INC | EQUITY | 808541106 |  | 4667138 | 132769 | SH |  | SOLE |  | 0 | 0 | 132769 |
| SELECT SECTOR SPDR TR | EQUITY | 81369Y209 |  | 1744880 | 11907 | SH |  | SOLE |  | 0 | 0 | 11907 |
| SELECT SECTOR SPDR TR | EQUITY | 81369Y407 |  | 1170944 | 10748 | SH |  | SOLE |  | 0 | 0 | 10748 |
| SELECT SECTOR SPDR TR | EQUITY | 81369Y506 |  | 1315468 | 21480 | SH |  | SOLE |  | 0 | 0 | 21480 |
| SELECT SECTOR SPDR TR | EQUITY | 81369Y605 |  | 744191 | 15077 | SH |  | SOLE |  | 0 | 0 | 15077 |
| SELECT SECTOR SPDR TR | EQUITY | 81369Y803 |  | 3997289 | 30086 | SH |  | SOLE |  | 0 | 0 | 30086 |
| SELECT SECTOR SPDR TR | EQUITY | 81369Y886 |  | 5107957 | 111403 | SH |  | SOLE |  | 0 | 0 | 111403 |
| SERVISFIRST BANCSHARES INC | EQUITY | 81768T108 |  | 44044094 | 457892 | SH |  | SOLE |  | 0 | 0 | 457892 |
| SOUTHERN CO | EQUITY | 842587107 |  | 1698963 | 17620 | SH |  | SOLE |  | 0 | 0 | 17620 |
| BLOCK INC | EQUITY | 852234103 |  | 633148 | 10521 | SH |  | SOLE |  | 0 | 0 | 10521 |
| STRATTEC SEC CORP | EQUITY | 863111100 |  | 830570 | 10559 | SH |  | SOLE |  | 0 | 0 | 10559 |
| T ROWE PRICE ETF INC | ETF | 87283Q107 |  | 2550909 | 57906 | SH |  | SOLE |  | 0 | 0 | 57906 |
| T ROWE PRICE ETF INC | ETF | 87283Q404 |  | 512183 | 11501 | SH |  | SOLE |  | 0 | 0 | 11501 |
| TAIWAN SEMICONDUCTOR MANUFA | EQUITY | 874039100 |  | 4515004 | 13364 | SH |  | SOLE |  | 0 | 0 | 13364 |
| TESLA INC | EQUITY | 88160R101 |  | 8769413 | 23600 | SH |  | SOLE |  | 0 | 0 | 23600 |
| TIDAL TRUST I | EQUITY | 886364231 |  | 1345162 | 56354 | SH |  | SOLE |  | 0 | 0 | 56354 |
| TIDAL TRUST I | EQUITY | 886364363 |  | 455604 | 14211 | SH |  | SOLE |  | 0 | 0 | 14211 |
| TIDAL TRUST I | EQUITY | 886364439 |  | 528141 | 22755 | SH |  | SOLE |  | 0 | 0 | 22755 |
| TOOTSIE ROLL INDS INC | EQUITY | 890516107 |  | 606729 | 14182 | SH |  | SOLE |  | 0 | 0 | 14182 |
| TORTOISE ENERGY INFRSTRCTR | EQUITY | 89147L886 |  | 6822433 | 137010 | SH |  | SOLE |  | 0 | 0 | 137010 |
| GMO ETF TRUST | ETF | 90139K100 |  | 1464790 | 40475 | SH |  | SOLE |  | 0 | 0 | 40475 |
| US BANCORP | EQUITY | 902973304 |  | 1609455 | 30955 | SH |  | SOLE |  | 0 | 0 | 30955 |
| UBIQUITI INC | EQUITY | 90353W103 |  | 948876 | 11109 | SH |  | SOLE |  | 0 | 0 | 11109 |
| UNITED PARCEL SVCS INC | EQUITY | 911312106 |  | 1669279 | 16998 | SH |  | SOLE |  | 0 | 0 | 16998 |
| UNITY SOFTWARE INC | EQUITY | 91332UAB7 |  | 347343 | 25222 | SH |  | SOLE |  | 0 | 0 | 25222 |
| VANECK ETF TRUST | EQUITY | 92189F106 |  | 2894959 | 31601 | SH |  | SOLE |  | 0 | 0 | 31601 |
| VANECK ETF TRUST | ETF | 92189F130 |  | 928961 | 22847 | SH |  | SOLE |  | 0 | 0 | 22847 |
| VANECK ETF TRUST | ETF | 92189F437 |  | 547279 | 19049 | SH |  | SOLE |  | 0 | 0 | 19049 |
| VANECK ETF TRUST | EQUITY | 92189F486 |  | 8269406 | 324608 | SH |  | SOLE |  | 0 | 0 | 324608 |
| VANECK ETF TRUST | ETF | 92189H748 |  | 2680042 | 50878 | SH |  | SOLE |  | 0 | 0 | 50878 |
| VANGUARD SPECIALIZED FUNDS | EQUITY | 921908844 |  | 6024116 | 28029 | SH |  | SOLE |  | 0 | 0 | 28029 |
| VANGUARD BD INDEX FDS | EQUITY | 921937827 |  | 975325 | 12438 | SH |  | SOLE |  | 0 | 0 | 12438 |
| VANGUARD BD INDEX FDS | EQUITY | 921937835 |  | 1186981 | 16117 | SH |  | SOLE |  | 0 | 0 | 16117 |
| VANGUARD TAX-MANAGED FDS | EQUITY | 921943858 |  | 10008083 | 156282 | SH |  | SOLE |  | 0 | 0 | 156282 |
| VANGUARD WHITEHALL FDS | EQUITY | 921946406 |  | 1891069 | 12780 | SH |  | SOLE |  | 0 | 0 | 12780 |
| VANGUARD MALVERN FDS | ETF | 922020714 |  | 1616700 | 21392 | SH |  | SOLE |  | 0 | 0 | 21392 |
| VANGUARD MALVERN FDS | ETF | 922020722 |  | 1389784 | 27240 | SH |  | SOLE |  | 0 | 0 | 27240 |
| VANGUARD CHARLOTTE FDS | EQUITY | 92203J407 |  | 880096 | 18316 | SH |  | SOLE |  | 0 | 0 | 18316 |
| VANGUARD INTL EQUITY INDEX | EQUITY | 922042858 |  | 6328630 | 117114 | SH |  | SOLE |  | 0 | 0 | 117114 |
| VANGUARD WORLD FD | EQUITY | 92204A876 |  | 3224684 | 16296 | SH |  | SOLE |  | 0 | 0 | 16296 |
| VANGUARD SCOTTSDALE FDS | ETF | 92206C102 |  | 1284868 | 21942 | SH |  | SOLE |  | 0 | 0 | 21942 |
| VANGUARD SCOTTSDALE FDS | EQUITY | 92206C409 |  | 1336465 | 16854 | SH |  | SOLE |  | 0 | 0 | 16854 |
| VANGUARD SCOTTSDALE FDS | EQUITY | 92206C664 |  | 2436541 | 24339 | SH |  | SOLE |  | 0 | 0 | 24339 |
| VANGUARD SCOTTSDALE FDS | EQUITY | 92206C730 |  | 3889437 | 13179 | SH |  | SOLE |  | 0 | 0 | 13179 |
| VANGUARD SCOTTSDALE FDS | EQUITY | 92206C771 |  | 821976 | 17494 | SH |  | SOLE |  | 0 | 0 | 17494 |
| VANGUARD INDEX FDS | EQUITY | 922908363 |  | 10196984 | 17068 | SH |  | SOLE |  | 0 | 0 | 17068 |
| VANGUARD INDEX FDS | EQUITY | 922908553 |  | 2442061 | 27545 | SH |  | SOLE |  | 0 | 0 | 27545 |
| VANGUARD INDEX FDS | EQUITY | 922908652 |  | 8670628 | 42163 | SH |  | SOLE |  | 0 | 0 | 42163 |
| VANGUARD INDEX FDS | EQUITY | 922908736 |  | 25393305 | 58191 | SH |  | SOLE |  | 0 | 0 | 58191 |
| VANGUARD INDEX FDS | EQUITY | 922908744 |  | 4970692 | 25336 | SH |  | SOLE |  | 0 | 0 | 25336 |
| VANGUARD INDEX FDS | EQUITY | 922908769 |  | 6033151 | 18809 | SH |  | SOLE |  | 0 | 0 | 18809 |
| VERIZON COMMUNICATIONS INC | EQUITY | 92343V104 |  | 2880366 | 57419 | SH |  | SOLE |  | 0 | 0 | 57419 |
| VERTIV HOLDINGS CO | EQUITY | 92537N108 |  | 3436604 | 13728 | SH |  | SOLE |  | 0 | 0 | 13728 |
| VISA INC | EQUITY | 92826C839 |  | 6957689 | 23051 | SH |  | SOLE |  | 0 | 0 | 23051 |
| WP CAREY INC | EQUITY | 92936U109 |  | 1189220 | 17524 | SH |  | SOLE |  | 0 | 0 | 17524 |
| WALMART INC | EQUITY | 931142103 |  | 8856794 | 71317 | SH |  | SOLE |  | 0 | 0 | 71317 |
| WELLS FARGO  CO | EQUITY | 949746101 |  | 2716433 | 34158 | SH |  | SOLE |  | 0 | 0 | 34158 |
| WESCO INTL INC | EQUITY | 95082P105 |  | 869822 | 44894 | SH |  | SOLE |  | 0 | 0 | 44894 |
| WEX INC | EQUITY | 96208T104 |  | 2234038 | 22875 | SH |  | SOLE |  | 0 | 0 | 22875 |
| WILLIAMS COS INC | EQUITY | 969457100 |  | 1536364 | 21110 | SH |  | SOLE |  | 0 | 0 | 21110 |
| ZACKS TRUST | ETF | 98888G105 |  | 5384237 | 159438 | SH |  | SOLE |  | 0 | 0 | 159438 |
| ZACKS TRUST | ETF | 98888G204 |  | 4306398 | 116404 | SH |  | SOLE |  | 0 | 0 | 116404 |
| ZACKS TRUST | ETF | 98888G808 |  | 3598127 | 130508 | SH |  | SOLE |  | 0 | 0 | 130508 |
| ZACKS TRUST | ETF | 98888G881 |  | 2310197 | 86105 | SH |  | SOLE |  | 0 | 0 | 86105 |
| GIGACLOUD TECHNOLOGY INC | EQUITY | G38644103 |  | 687300 | 15145 | SH |  | SOLE |  | 0 | 0 | 15145 |
| MEDTRONIC PLC | EQUITY | G5960L103 |  | 2168797 | 25047 | SH |  | SOLE |  | 0 | 0 | 25047 |
| ROADZEN INC | EQUITY | G7606H108 |  | 301847 | 253653 | SH |  | SOLE |  | 0 | 0 | 253653 |
| DORIAN LPG LTD | EQUITY | Y2106R110 |  | 683001 | 19970 | SH |  | SOLE |  | 0 | 0 | 19970 |

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