# EDGAR Filing Document

**Accession Number:** 0001607978
**File Stem:** 0001104659-23-014905
**Filing Date:** 2023-2
**Character Count:** 18875
**Document Hash:** 18595ee5e61048e946854d43eb3ef5fe
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-23-014905.hdr.sgml**: 20230209

**ACCESSION NUMBER**: 0001104659-23-014905

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230209

**DATE AS OF CHANGE**: 20230209

**EFFECTIVENESS DATE**: 20230209

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Motley Fool Wealth Management, LLC
- **CENTRAL INDEX KEY:** 0001607978
- **IRS NUMBER:** 611701518
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-16557
- **FILM NUMBER:** 23601110

**BUSINESS ADDRESS:**
- **STREET 1:** 2000 DUKE STREET
- **STREET 2:** SUITE 275
- **CITY:** ALEXANDRIA
- **STATE:** VA
- **ZIP:** 22314
- **BUSINESS PHONE:** 7038383665

**MAIL ADDRESS:**
- **STREET 1:** 2000 DUKE STREET
- **STREET 2:** SUITE 275
- **CITY:** ALEXANDRIA
- **STATE:** VA
- **ZIP:** 22314

### 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:** Motley Fool Wealth Management LLC<br>**Address:** 2000 Duke Street<br>Suite 275<br>Alexandria, VA 22314

**Form 13F File Number:** 028-16557

**CRD Number (if applicable):** 000165689

**SEC File Number (if applicable):** 801-77616

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:** Kyle Wirth<br>**Title:** Chief Compliance Officer<br>**Phone:** 703-254-1834

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

/s/ Kyle Wirth  Alexandria, VA  02-09-2023<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:** 133

**Form 13F Information Table Value Total:** $1439714575

      (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 |
| APPLE INC | Ordinary Shares | 037833100 |  | 8184914 | 63080 | SH |  | SOLE |  | 0 | 0 | 63080 |
| ABB LTD FSPONSORED ADR 1 ADR REPS    1  ORD SHS | American Depository Receipts | 000375204 |  | 5597364 | 183812 | SH |  | SOLE |  | 0 | 0 | 183812 |
| AGREE REALTY CORP       REIT | Ordinary Shares | 008492100 |  | 1087706 | 15349 | SH |  | SOLE |  | 0 | 0 | 15349 |
| VANECK AFRICA INDEX ETF | Equity ETFs | 92189F866 |  | 1953754 | 121668 | SH |  | SOLE |  | 0 | 0 | 121668 |
| ALARM COM HLDGS INC SH | Ordinary Shares | 011642105 |  | 14476602 | 292695 | SH |  | SOLE |  | 0 | 0 | 292695 |
| AMERN TOWER CORP        REIT | Ordinary Shares | 03027X100 |  | 19992480 | 94431 | SH |  | SOLE |  | 0 | 0 | 94431 |
| AMAZON.COM INC | Ordinary Shares | 023135106 |  | 58144685 | 692889 | SH |  | SOLE |  | 0 | 0 | 692889 |
| ANSYS INC | Ordinary Shares | 03662Q105 |  | 2904549 | 12031 | SH |  | SOLE |  | 0 | 0 | 12031 |
| AON PLC FCLASS   A | Ordinary Shares | 00BLP1HW5 |  | 14798839 | 49324 | SH |  | SOLE |  | 0 | 0 | 49324 |
| ALEXANDRIA REAL EST     REIT | Ordinary Shares | 015271109 |  | 5453186 | 37473 | SH |  | SOLE |  | 0 | 0 | 37473 |
| AXON ENTERPRISE INC | Ordinary Shares | 05464C101 |  | 19459634 | 117319 | SH |  | SOLE |  | 0 | 0 | 117319 |
| BROOKFIELD ASSET MGM   FCLASS   A | Ordinary Shares | 113004105 |  | 2999850 | 104736 | SH |  | SOLE |  | 0 | 0 | 104736 |
| BOOKING HOLDINGS INC | Ordinary Shares | 09857L108 |  | 54873742 | 27239 | SH |  | SOLE |  | 0 | 0 | 27239 |
| BANCO LATINOAMERICANO  F | Ordinary Shares | P16994132 |  | 5170451 | 319103 | SH |  | SOLE |  | 0 | 0 | 319103 |
| BIOMARIN PHARMACEUTL | Ordinary Shares | 09061G101 |  | 35013722 | 338642 | SH |  | SOLE |  | 0 | 0 | 338642 |
| BROOKFIELD CORPORATION | Ordinary Shares | 11271J107 |  | 13169628 | 418670 | SH |  | SOLE |  | 0 | 0 | 418670 |
| VANGUARD TOTAL BOND     MARKET ETF | Bond ETFs | 921937835 |  | 3202607 | 44579 | SH |  | SOLE |  | 0 | 0 | 44579 |
| BROADRIDGE FINL SOLU | Ordinary Shares | 11133T103 |  | 16376275 | 122160 | SH |  | SOLE |  | 0 | 0 | 122160 |
| BERKSHIRE HATHAWAY | Ordinary Shares | 084670702 |  | 13423860 | 43457 | SH |  | SOLE |  | 0 | 0 | 43457 |
| BERKSHIRE HATHAWAY      CLASS   B | Ordinary Shares | 084670702 |  | 1405602 | 4589 | SH |  | SOLE |  | 0 | 0 | 4589 |
| BROWN  BROWN INC | Ordinary Shares | 115236101 |  | 22589896 | 396697 | SH |  | SOLE |  | 0 | 0 | 396697 |
| INVSC BULLETSHARES 2023 CRP BND ETF | Bond ETFs | 46138J866 |  | 34051743 | 1623038 | SH |  | SOLE |  | 0 | 0 | 1623038 |
| INVSC BULLETSHAR 2024   CRPRT BND ETF | Bond ETFs | 46138J841 |  | 33804176 | 1650167 | SH |  | SOLE |  | 0 | 0 | 1650167 |
| INVSC BULLETSHARES 2025 CRP BND ETF | Bond ETFs | 46138J825 |  | 33320638 | 1654424 | SH |  | SOLE |  | 0 | 0 | 1654424 |
| INVESCO BULLETSHARES    2026 CORPORATE BOND ETF | Bond ETFs | 46138J791 |  | 25816582 | 1364196 | SH |  | SOLE |  | 0 | 0 | 1364196 |
| INVESCO BULLETSHARES    2027 CORPORATE BOND ETF | Bond ETFs | 46138J783 |  | 22117106 | 1164427 | SH |  | SOLE |  | 0 | 0 | 1164427 |
| INVESCO BULLETSHARS 2028CORP BD ETF | Bond ETFs | 46138J643 |  | 24255539 | 1236645 | SH |  | SOLE |  | 0 | 0 | 1236645 |
| INVSC BLTSHRS 2029 CORP BND ETF | Bond ETFs | 46138J577 |  | 12698536 | 714456 | SH |  | SOLE |  | 0 | 0 | 714456 |
| ANHEUSER BUSCH INBEV S FSPONSORED ADR 1 ADR REPS    1  ORD SHS | American Depository Receipts | 03524A108 |  | 4390330 | 73141 | SH |  | SOLE |  | 0 | 0 | 73141 |
| CARDLYTICS INC | Ordinary Shares | 14161W105 |  | 1365812 | 236363 | SH |  | SOLE |  | 0 | 0 | 236363 |
| COGNEX CORP | Ordinary Shares | 192422103 |  | 6660151 | 141416 | SH |  | SOLE |  | 0 | 0 | 141416 |
| COMCAST CORP  CLASS   A | Ordinary Shares | 20030N101 |  | 14122760 | 404120 | SH |  | SOLE |  | 0 | 0 | 404120 |
| CME GROUP INC CLASS   A | Ordinary Shares | 12572Q105 |  | 1867397 | 11112 | SH |  | SOLE |  | 0 | 0 | 11112 |
| ISHARES CALIFORNIA MUNI BOND ETF | Bond ETFs | 464288356 |  | 590279 | 10513 | SH |  | SOLE |  | 0 | 0 | 10513 |
| CANADIAN NATL RAILWY   F | Ordinary Shares | 136375102 |  | 9278929 | 78070 | SH |  | SOLE |  | 0 | 0 | 78070 |
| COOPER COMPANIES | Ordinary Shares | 216648402 |  | 9431319 | 28534 | SH |  | SOLE |  | 0 | 0 | 28534 |
| COSTCO WHOLESALE CO | Ordinary Shares | 22160K105 |  | 9199492 | 20168 | SH |  | SOLE |  | 0 | 0 | 20168 |
| SALESFORCE INC | Ordinary Shares | 79466L302 |  | 29776329 | 224757 | SH |  | SOLE |  | 0 | 0 | 224757 |
| COSTAR GROUP INC | Ordinary Shares | 22160N109 |  | 18877523 | 244444 | SH |  | SOLE |  | 0 | 0 | 244444 |
| DOMINION ENERGY INC | Ordinary Shares | 25746U109 |  | 1930782 | 31525 | SH |  | SOLE |  | 0 | 0 | 31525 |
| DATADOG INC | Ordinary Shares | 23804L103 |  | 9263153 | 126117 | SH |  | SOLE |  | 0 | 0 | 126117 |
| WISDOMTREE JAPAN SMALCP DIVIDEND ETF | Equity ETFs | 97717W836 |  | 18122749 | 286971 | SH |  | SOLE |  | 0 | 0 | 286971 |
| WALT DISNEY CO | Ordinary Shares | 254687106 |  | 5160483 | 59469 | SH |  | SOLE |  | 0 | 0 | 59469 |
| EASTMAN CHEMICAL CO | Ordinary Shares | 277432100 |  | 5313067 | 65268 | SH |  | SOLE |  | 0 | 0 | 65268 |
| EPAM SYSTEMS INC | Ordinary Shares | 29414B104 |  | 9231928 | 28204 | SH |  | SOLE |  | 0 | 0 | 28204 |
| EQUINIX INC   REIT | Ordinary Shares | 29444U700 |  | 40402385 | 61722 | SH |  | SOLE |  | 0 | 0 | 61722 |
| EVERBRIDGE INC. | Ordinary Shares | 29978A104 |  | 4010851 | 135728 | SH |  | SOLE |  | 0 | 0 | 135728 |
| ISHARES MSCI SOUTH KOREAETF | Equity ETFs | 464286772 |  | 5702034 | 100952 | SH |  | SOLE |  | 0 | 0 | 100952 |
| FASTENAL CO | Ordinary Shares | 311900104 |  | 7300135 | 154393 | SH |  | SOLE |  | 0 | 0 | 154393 |
| FIRST TRUST DOW JONES INTERNET INDEX FUND | Equity ETFs | 30244J200 |  | 873030 | 7120 | SH |  | SOLE |  | 0 | 0 | 7120 |
| FARFETCH LIMITED | Ordinary Shares | 30744W107 |  | 1588220 | 336268 | SH |  | SOLE |  | 0 | 0 | 336268 |
| GENTEX CORP | Ordinary Shares | 371901109 |  | 8467657 | 310519 | SH |  | SOLE |  | 0 | 0 | 310519 |
| ALPHABET INC. CLASS   C | Ordinary Shares | 02079K107 |  | 46034191 | 519209 | SH |  | SOLE |  | 0 | 0 | 519209 |
| GOOSEHEAD INSURANCE INC CLASS   A | Ordinary Shares | 38267D109 |  | 2203164 | 64218 | SH |  | SOLE |  | 0 | 0 | 64218 |
| GULFSLOPE ENERGY INC | Ordinary Shares | 40273W105 |  | 903 | 200724 | SH |  | SOLE |  | 0 | 0 | 200724 |
| GXO LOGISTICS INC | Ordinary Shares | 36262G101 |  | 4961089 | 116281 | SH |  | SOLE |  | 0 | 0 | 116281 |
| ETFMG PRIME CYBER SECURITY ETF | Equity ETFs | 26924G201 |  | 401709 | 9157 | SH |  | SOLE |  | 0 | 0 | 9157 |
| HDFC BK LTD  FSPONSORED ADR 1 ADR REPS    3  ORD SHS | American Depository Receipts | 40415F101 |  | 16021232 | 234275 | SH |  | SOLE |  | 0 | 0 | 234275 |
| HOWARD HUGHES CORP | Ordinary Shares | 44267D107 |  | 16463459 | 215521 | SH |  | SOLE |  | 0 | 0 | 215521 |
| HEALTHEQUITY INC | Ordinary Shares | 42226A107 |  | 7649514 | 124165 | SH |  | SOLE |  | 0 | 0 | 124165 |
| HESKA CORP | Ordinary Shares | 42805E306 |  | 3638260 | 58547 | SH |  | SOLE |  | 0 | 0 | 58547 |
| ISHARES IBONDS DEC 2023 TERM CORPORATE ETF | Bond ETFs | 46434VAX8 |  | 8386479 | 335062 | SH |  | SOLE |  | 0 | 0 | 335062 |
| ISHARES IBONDS DEC 2024 TERM CORPORATE ETF | Bond ETFs | 46434VBG4 |  | 22739149 | 931153 | SH |  | SOLE |  | 0 | 0 | 931153 |
| ICON PLC     F | Ordinary Shares | 000571120 |  | 19371678 | 99774 | SH |  | SOLE |  | 0 | 0 | 99774 |
| ISHARES CORE MSCI EUROPEETF | Equity ETFs | 46434V738 |  | 14989750 | 315599 | SH |  | SOLE |  | 0 | 0 | 315599 |
| JOHN BEAN TECHS CORP | Ordinary Shares | 477839104 |  | 9152064 | 100196 | SH |  | SOLE |  | 0 | 0 | 100196 |
| JONES LANG LASALLE | Ordinary Shares | 48020Q107 |  | 8346995 | 52403 | SH |  | SOLE |  | 0 | 0 | 52403 |
| JOHNSON  JOHNSON | Ordinary Shares | 478160104 |  | 1745973 | 9890 | SH |  | SOLE |  | 0 | 0 | 9890 |
| THE COCA-COLA CO | Ordinary Shares | 191216100 |  | 1554380 | 24453 | SH |  | SOLE |  | 0 | 0 | 24453 |
| NLIGHT INC | Ordinary Shares | 65487K100 |  | 2609557 | 257446 | SH |  | SOLE |  | 0 | 0 | 257446 |
| L C I          INDUSTRIE | Ordinary Shares | 50189K103 |  | 6385123 | 69069 | SH |  | SOLE |  | 0 | 0 | 69069 |
| LIVE OAK BANCSHARES INCO | Ordinary Shares | 53803X105 |  | 2622419 | 86811 | SH |  | SOLE |  | 0 | 0 | 86811 |
| MASTERCARD INC          CLASS   A | Ordinary Shares | 57636Q104 |  | 39460933 | 113541 | SH |  | SOLE |  | 0 | 0 | 113541 |
| ISHARES MBS ETF | Bond ETFs | 464288588 |  | 11919523 | 128511 | SH |  | SOLE |  | 0 | 0 | 128511 |
| MEDTRONIC PLC          F | Ordinary Shares | 00BTN1Y11 |  | 7948541 | 102323 | SH |  | SOLE |  | 0 | 0 | 102323 |
| MERCADOLIBRE INC | Ordinary Shares | 58733R102 |  | 42866535 | 50702 | SH |  | SOLE |  | 0 | 0 | 50702 |
| META PLATFORMS INC      CLASS   A | Ordinary Shares | 30303M102 |  | 23451260 | 195018 | SH |  | SOLE |  | 0 | 0 | 195018 |
| MARKEL CORP | Ordinary Shares | 570535104 |  | 11963276 | 9086 | SH |  | SOLE |  | 0 | 0 | 9086 |
| MICROSOFT CORP | Ordinary Shares | 594918104 |  | 14412345 | 60159 | SH |  | SOLE |  | 0 | 0 | 60159 |
| ISHARES NATIONAL MUNI BOND ETF | Bond ETFs | 464288414 |  | 3284244 | 31124 | SH |  | SOLE |  | 0 | 0 | 31124 |
| NETFLIX INC | Ordinary Shares | 64110L106 |  | 21044411 | 71434 | SH |  | SOLE |  | 0 | 0 | 71434 |
| NVIDIA CORP | Ordinary Shares | 67066G104 |  | 410056 | 2806 | SH |  | SOLE |  | 0 | 0 | 2806 |
| NOVO-NORDISK A S       FSPONSORED ADR 1 ADR REPS    1  ORD SHS | American Depository Receipts | 670100205 |  | 13498498 | 99788 | SH |  | SOLE |  | 0 | 0 | 99788 |
| OKTA INC CLASS   A | Ordinary Shares | 679295105 |  | 7551085 | 110597 | SH |  | SOLE |  | 0 | 0 | 110597 |
| PALO ALTO NETWORKS | Ordinary Shares | 697435105 |  | 27598376 | 197898 | SH |  | SOLE |  | 0 | 0 | 197898 |
| PAYCOM SOFTWARE INC | Ordinary Shares | 70432V102 |  | 6530776 | 21064 | SH |  | SOLE |  | 0 | 0 | 21064 |
| PAYCHEX INC | Ordinary Shares | 704326107 |  | 10728438 | 92957 | SH |  | SOLE |  | 0 | 0 | 92957 |
| PAYLOCITY HLDG CORP | Ordinary Shares | 70438V106 |  | 8757597 | 45121 | SH |  | SOLE |  | 0 | 0 | 45121 |
| PENUMBRA INC | Ordinary Shares | 70975L107 |  | 8262813 | 37170 | SH |  | SOLE |  | 0 | 0 | 37170 |
| PROCTER  GAMBLE | Ordinary Shares | 742718109 |  | 3360558 | 22190 | SH |  | SOLE |  | 0 | 0 | 22190 |
| Invesco NASDAQ Internet ETF | Equity ETFs | 46137V530 |  | 258708 | 2305 | SH |  | SOLE |  | 0 | 0 | 2305 |
| PAYPAL HOLDINGS INCORPOR | Ordinary Shares | 70450Y103 |  | 25801691 | 362597 | SH |  | SOLE |  | 0 | 0 | 362597 |
| ULTRAGENYX PHARMA | Ordinary Shares | 90400D108 |  | 2539441 | 54884 | SH |  | SOLE |  | 0 | 0 | 54884 |
| RESMED INC | Ordinary Shares | 761152107 |  | 15504295 | 74527 | SH |  | SOLE |  | 0 | 0 | 74527 |
| RXO INC | Ordinary Shares | 74982T103 |  | 2003549 | 116529 | SH |  | SOLE |  | 0 | 0 | 116529 |
| SIGNATURE BANK | Ordinary Shares | 82669G104 |  | 1414507 | 12277 | SH |  | SOLE |  | 0 | 0 | 12277 |
| STARBUCKS CORP | Ordinary Shares | 855244109 |  | 14384915 | 145074 | SH |  | SOLE |  | 0 | 0 | 145074 |
| ISHARES HIGH YIELD      CORPORAT BOND ETF | Bond ETFs | 46434V407 |  | 7079862 | 173160 | SH |  | SOLE |  | 0 | 0 | 173160 |
| SVB FINL GROUP | Ordinary Shares | 78486Q101 |  | 5585828 | 24286 | SH |  | SOLE |  | 0 | 0 | 24286 |
| SCHLUMBERGER LTD       F | Ordinary Shares | 806857108 |  | 5644290 | 105595 | SH |  | SOLE |  | 0 | 0 | 105595 |
| SPLUNK INC | Ordinary Shares | 848637104 |  | 37178511 | 432232 | SH |  | SOLE |  | 0 | 0 | 432232 |
| SPDR S 500 ETF | Equity ETFs | 78462F103 |  | 804633 | 2104 | SH |  | SOLE |  | 0 | 0 | 2104 |
| STAG INDUSTRIAL INC     REIT | Ordinary Shares | 85254J102 |  | 9941253 | 307766 | SH |  | SOLE |  | 0 | 0 | 307766 |
| ATLASSIAN CORP PLC     FCLASS   A | Ordinary Shares | 049468101 |  | 7039444 | 54738 | SH |  | SOLE |  | 0 | 0 | 54738 |
| THOR INDUSTRIES INC | Ordinary Shares | 885160101 |  | 5939677 | 78712 | SH |  | SOLE |  | 0 | 0 | 78712 |
| ISHARES TIPS BOND ETF | Bond ETFs | 46429B747 |  | 509798 | 4787 | SH |  | SOLE |  | 0 | 0 | 4787 |
| TRACTOR SUPPLY COMP | Ordinary Shares | 892356106 |  | 3274148 | 14558 | SH |  | SOLE |  | 0 | 0 | 14558 |
| TAIWAN SEMICONDUCTR    FSPONSORED ADR 1 ADR REPS    5  ORD SHS | American Depository Receipts | 874039100 |  | 9669069 | 129866 | SH |  | SOLE |  | 0 | 0 | 129866 |
| TWILIO INC    CLASS   A | Ordinary Shares | 90138F102 |  | 5316093 | 108658 | SH |  | SOLE |  | 0 | 0 | 108658 |
| TEXAS INSTRUMENTS | Ordinary Shares | 882508104 |  | 2010112 | 12182 | SH |  | SOLE |  | 0 | 0 | 12182 |
| TYLER TECHNOLOGIES | Ordinary Shares | 902252105 |  | 7973895 | 24746 | SH |  | SOLE |  | 0 | 0 | 24746 |
| UPLAND SOFTWARE INC | Ordinary Shares | 91544A109 |  | 2346584 | 329224 | SH |  | SOLE |  | 0 | 0 | 329224 |
| UNITED PARCEL SRVC      CLASS   B | Ordinary Shares | 911312106 |  | 7461684 | 42957 | SH |  | SOLE |  | 0 | 0 | 42957 |
| ENERGY FUELS INC | Ordinary Shares | 292671708 |  | 61600 | 10000 | SH |  | SOLE |  | 0 | 0 | 10000 |
| VANGUARD SMALL CAP ETF | Ordinary Shares | 922908751 |  | 925445 | 5048 | SH |  | SOLE |  | 0 | 0 | 5048 |
| VANGUARD SMALL CAP GROWTH INDEX FUND | Equity ETFs | 922908595 |  | 588546 | 2935 | SH |  | SOLE |  | 0 | 0 | 2935 |
| VANGUARD FTSE DEVELOPED MARKETS ETF | Equity ETFs | 921943858 |  | 2794246 | 66583 | SH |  | SOLE |  | 0 | 0 | 66583 |
| VANGUARD REAL ESTATE    ETF | Ordinary Shares | 922908553 |  | 679697 | 8250 | SH |  | SOLE |  | 0 | 0 | 8250 |
| VANGUARD MID CAP ETF | Equity ETFs | 922908629 |  | 1764978 | 8682 | SH |  | SOLE |  | 0 | 0 | 8682 |
| VANGUARD S 500 ETF | Equity ETFs | 922908363 |  | 9998053 | 28515 | SH |  | SOLE |  | 0 | 0 | 28515 |
| VANGUARD S INDEX FUND | Equity ETFs | 921932505 |  | 224018 | 1062 | SH |  | SOLE |  | 0 | 0 | 1062 |
| VANGUARD TOTAL STOCK    MARKET ETF | Equity ETFs | 922908769 |  | 1887975 | 9878 | SH |  | SOLE |  | 0 | 0 | 9878 |
| VANGUARD SHORT INFLATIONPROT ETF IV | Equity ETFs | 922020805 |  | 1631923 | 34937 | SH |  | SOLE |  | 0 | 0 | 34937 |
| VENTAS INC    REIT | Ordinary Shares | 92276F100 |  | 2088421 | 46402 | SH |  | SOLE |  | 0 | 0 | 46402 |
| VANGUARD FTSE EMERGING  MARKETS ETF | Equity ETFs | 922042858 |  | 1085234 | 27866 | SH |  | SOLE |  | 0 | 0 | 27866 |
| WASTE CONNECTIONSINC   F | Ordinary Shares | 94106B101 |  | 10196854 | 76961 | SH |  | SOLE |  | 0 | 0 | 76961 |
| W E C ENERGY GROUP INC | Ordinary Shares | 92939U106 |  | 1929249 | 20590 | SH |  | SOLE |  | 0 | 0 | 20590 |
| WALMART INC | Ordinary Shares | 931142103 |  | 2599270 | 18345 | SH |  | SOLE |  | 0 | 0 | 18345 |
| WATSCO INC | Ordinary Shares | 942622200 |  | 20536543 | 82378 | SH |  | SOLE |  | 0 | 0 | 82378 |
| COMMUNICAT SVS SLCT SEC SPDR ETF | Equity ETFs | 81369Y852 |  | 279070 | 5826 | SH |  | SOLE |  | 0 | 0 | 5826 |
| SPDR FUND CONSUMER      DISCRE SELECT ETF | Equity ETFs | 81369Y407 |  | 240519 | 1868 | SH |  | SOLE |  | 0 | 0 | 1868 |
| XPO LOGISTICS INC | Ordinary Shares | 983793100 |  | 3884934 | 116725 | SH |  | SOLE |  | 0 | 0 | 116725 |
| YUM CHINA HOLDINGS INC | Ordinary Shares | 98850P109 |  | 9039199 | 165414 | SH |  | SOLE |  | 0 | 0 | 165414 |

---