# EDGAR Filing Document

**Accession Number:** 0001819815
**File Stem:** 0001819815-26-000002
**Filing Date:** 2026-5
**Character Count:** 19990
**Document Hash:** 00fa1880eb7d6bcc5350a11e2cfe01b5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001819815-26-000002.hdr.sgml**: 20260512

**ACCESSION NUMBER**: 0001819815-26-000002

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260512

**DATE AS OF CHANGE**: 20260512

**EFFECTIVENESS DATE**: 20260512

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Bellwether Advisors, LLC
- **CENTRAL INDEX KEY:** 0001819815

**ORGANIZATION NAME:**
- **EIN:** 833629267

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-20498
- **FILM NUMBER:** 26966336

**BUSINESS ADDRESS:**
- **STREET 1:** 140 N 8TH STREET
- **STREET 2:** SUITE 210
- **CITY:** LINCOLN
- **STATE:** NE
- **ZIP:** 68508
- **BUSINESS PHONE:** 402-476-8844

**MAIL ADDRESS:**
- **STREET 1:** 140 N 8TH STREET
- **STREET 2:** SUITE 210
- **CITY:** LINCOLN
- **STATE:** NE
- **ZIP:** 68508

### 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:** Bellwether Advisors LLC<br>**Address:** 140 N 8TH STREET<br>SUITE 210<br>LINCOLN, NE 68508

**Form 13F File Number:** 028-20498

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:** LEILA SHAVER<br>**Title:** CCO<br>**Phone:** 770-462-2118

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

LEILA SHAVER  ALPHARETTA, GA  05-12-2026<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:** 159

**Form 13F Information Table Value Total:** $590175097

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ABBOTT LABORATORIES | COM | 002824100 |  | 2156070 | 21000 | SH |  | SOLE | 0 | 21000 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 6874206 | 31607 | SH |  | SOLE | 0 | 27145 | 0 | 4462 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 979142 | 3405 | SH |  | SOLE | 0 | 3072 | 0 | 333 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 4077593 | 14215 | SH |  | SOLE | 0 | 7555 | 0 | 6660 |
| AMAZON COM INC | COM | 023135106 |  | 622727 | 2990 | SH |  | SOLE | 0 | 2244 | 0 | 746 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 288566 | 954 | SH |  | SOLE | 0 | 127 | 0 | 827 |
| ANGLOGOLD ASHANTI PLC | COM SHS | G0378L100 |  | 3084657 | 31683 | SH |  | SOLE | 0 | 16129 | 0 | 15554 |
| APPLE INC | COM | 037833100 |  | 2637934 | 10394 | SH |  | SOLE | 0 | 5835 | 0 | 4559 |
| AT INC | COM | 00206R102 |  | 414692 | 14305 | SH |  | SOLE | 0 | 13665 | 0 | 640 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 14533178 | 30328 | SH |  | SOLE | 0 | 12571 | 0 | 17757 |
| BLACKROCK INC | COM | 09290D101 |  | 232734 | 242 | SH |  | SOLE | 0 | 132 | 0 | 110 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 1886518 | 31105 | SH |  | SOLE | 0 | 15923 | 0 | 15182 |
| BROADCOM INC | COM | 11135F101 |  | 11080882 | 35801 | SH |  | SOLE | 0 | 12392 | 0 | 23409 |
| CARDINAL HEALTH INC | COM | 14149Y108 |  | 2100421 | 9940 | SH |  | SOLE | 0 | 5238 | 0 | 4702 |
| CASEYS GEN STORES INC | COM | 147528103 |  | 1563443 | 2148 | SH |  | SOLE | 0 | 1082 | 0 | 1066 |
| CATERPILLAR INC | COM | 149123101 |  | 4717635 | 6659 | SH |  | SOLE | 0 | 3418 | 0 | 3241 |
| CINCINNATI FINL CORP | COM | 172062101 |  | 4084177 | 25956 | SH |  | SOLE | 0 | 13300 | 0 | 12656 |
| CITIZENS FINL GROUP INC | COM | 174610105 |  | 4008755 | 66846 | SH |  | SOLE | 0 | 34324 | 0 | 32522 |
| CME GROUP INC | COM | 12572Q105 |  | 232440 | 787 | SH |  | SOLE | 0 | 785 | 0 | 2 |
| COMFORT SYS USA INC | COM | 199908104 |  | 5040208 | 3655 | SH |  | SOLE | 0 | 1876 | 0 | 1779 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 279444 | 2117 | SH |  | SOLE | 0 | 1559 | 0 | 558 |
| COSTCO WHOLESALE CORPORATION | COM | 22160K105 |  | 204268 | 205 | SH |  | SOLE | 0 | 100 | 0 | 105 |
| CUMMINS INC | COM | 231021106 |  | 1657640 | 3081 | SH |  | SOLE | 0 | 1506 | 0 | 1575 |
| DARDEN RESTAURANTS INC | COM | 237194105 |  | 1265242 | 6454 | SH |  | SOLE | 0 | 3302 | 0 | 3152 |
| DBX ETF TR | XTRACK MSCI EAFE | 233051200 |  | 930251 | 18831 | SH |  | SOLE | 0 | 15351 | 0 | 3480 |
| DEERE  CO | COM | 244199105 |  | 2606952 | 4628 | SH |  | SOLE | 0 | 2324 | 0 | 2304 |
| DIMENSIONAL ETF TRUST | US MKTWIDE VALUE | 25434V724 |  | 235758 | 4865 | SH |  | SOLE | 0 | 4865 | 0 | 0 |
| DOLLAR GEN CORP | COM | 256677105 |  | 1425354 | 12005 | SH |  | SOLE | 0 | 6121 | 0 | 5884 |
| DOLLAR TREE INC | COM | 256746108 |  | 1594137 | 14557 | SH |  | SOLE | 0 | 7483 | 0 | 7074 |
| DOW HLDGS INC | COM | 260557103 |  | 4450552 | 106856 | SH |  | SOLE | 0 | 54651 | 0 | 52205 |
| EATON CORP PLC | SHS | G29183103 |  | 308669 | 863 | SH |  | SOLE | 0 | 44 | 0 | 819 |
| ECHOSTAR CORP | CL A | 278768106 |  | 4491625 | 38367 | SH |  | SOLE | 0 | 19691 | 0 | 18676 |
| ELI LILLY  CO | COM | 532457108 |  | 1708933 | 1858 | SH |  | SOLE | 0 | 983 | 0 | 875 |
| EMCOR GROUP INC | COM | 29084Q100 |  | 3583757 | 4854 | SH |  | SOLE | 0 | 2495 | 0 | 2359 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 386485 | 2278 | SH |  | SOLE | 0 | 1686 | 0 | 592 |
| FASTENAL CO | COM | 311900104 |  | 498893 | 10752 | SH |  | SOLE | 0 | 5628 | 0 | 5124 |
| FIDELITY COVINGTON TRUST | CONSMR STAPLES | 316092303 |  | 5797798 | 110793 | SH |  | SOLE | 0 | 56652 | 0 | 54141 |
| FIDELITY COVINGTON TRUST | MSCI ENERGY IDX | 316092402 |  | 1724610 | 50694 | SH |  | SOLE | 0 | 25862 | 0 | 24832 |
| FIDELITY COVINGTON TRUST | MSCI UTILS INDEX | 316092865 |  | 1800040 | 30473 | SH |  | SOLE | 0 | 15498 | 0 | 14975 |
| FIRST TR EXCHANGE-TRADED FD | INDLS PROD DUR | 33734X150 |  | 216320 | 2650 | SH |  | SOLE | 0 | 2650 | 0 | 0 |
| FIRST TR EXCHANGE-TRADED FD | FINLS ALPHADEX | 33734X135 |  | 228412 | 4065 | SH |  | SOLE | 0 | 4065 | 0 | 0 |
| FS KKR CAP CORP | COM | 302635206 |  | 222973 | 21903 | SH |  | SOLE | 0 | 774 | 0 | 21129 |
| GE AEROSPACE | COM NEW | 369604301 |  | 1996038 | 7034 | SH |  | SOLE | 0 | 3573 | 0 | 3461 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 3795957 | 4487 | SH |  | SOLE | 0 | 2288 | 0 | 2199 |
| HCA HEALTHCARE INC | COM | 40412C101 |  | 1897692 | 4010 | SH |  | SOLE | 0 | 2054 | 0 | 1956 |
| HOME DEPOT INC | COM | 437076102 |  | 324943 | 988 | SH |  | SOLE | 0 | 174 | 0 | 814 |
| HOWMET AEROSPACE INC | COM | 443201108 |  | 2230853 | 9680 | SH |  | SOLE | 0 | 4992 | 0 | 4688 |
| HUNTINGTON BANCSHARES INC | COM | 446150104 |  | 3616981 | 231117 | SH |  | SOLE | 0 | 119281 | 0 | 111836 |
| INNOVATOR ETFS TRUST | US EQTY BUF DEC | 45782C557 |  | 857678 | 17868 | SH |  | SOLE | 0 | 6234 | 0 | 11634 |
| INNOVATOR ETFS TRUST | US EQTY PWR BF | 45782C680 |  | 3611207 | 84532 | SH |  | SOLE | 0 | 26565 | 0 | 57967 |
| INNOVATOR ETFS TRUST | US EQT PWR BUF | 45782C870 |  | 8414795 | 211427 | SH |  | SOLE | 0 | 74831 | 0 | 136596 |
| INNOVATOR ETFS TRUST | US EQTY BUFR JUL | 45782C789 |  | 3752363 | 75522 | SH |  | SOLE | 0 | 44439 | 0 | 31083 |
| INNOVATOR ETFS TRUST | US EQTY PWR BUF | 45782C318 |  | 761336 | 19062 | SH |  | SOLE | 0 | 16 | 0 | 19046 |
| INNOVATOR ETFS TRUST | US EQTY BUFR JAN | 45782C409 |  | 2052138 | 38480 | SH |  | SOLE | 0 | 26262 | 0 | 12218 |
| INNOVATOR ETFS TRUST | LADERD ALCTN PWR | 45783Y814 |  | 414846 | 8396 | SH |  | SOLE | 0 | 3000 | 0 | 5396 |
| INNOVATOR ETFS TRUST | US EQTY PWR BUF | 45782C540 |  | 10236210 | 240852 | SH |  | SOLE | 0 | 95232 | 0 | 145620 |
| INNOVATOR ETFS TRUST | US EQTY BUF SEP | 45782C664 |  | 495356 | 10302 | SH |  | SOLE | 0 | 440 | 0 | 9862 |
| INNOVATOR ETFS TRUST | US EQTY BUFR MAR | 45782C391 |  | 562098 | 10709 | SH |  | SOLE | 0 | 543 | 0 | 10166 |
| INNOVATOR ETFS TRUST | US EQT BUFR APR | 45782C888 |  | 252345 | 5152 | SH |  | SOLE | 0 | 4127 | 0 | 1025 |
| INNOVATOR ETFS TRUST | US EQTY PWR BUF | 45782C748 |  | 4822033 | 115286 | SH |  | SOLE | 0 | 64144 | 0 | 51142 |
| INNOVATOR ETFS TRUST | US EQTY PWR BUF | 45782C573 |  | 5509113 | 134829 | SH |  | SOLE | 0 | 51504 | 0 | 83325 |
| INNOVATOR ETFS TRUST | US EQTY BUFR FEB | 45782C433 |  | 3250482 | 68141 | SH |  | SOLE | 0 | 31301 | 0 | 36840 |
| INNOVATOR ETFS TRUST | US EQTY PWR BUF | 45782C656 |  | 5441363 | 126367 | SH |  | SOLE | 0 | 23595 | 0 | 102772 |
| INNOVATOR ETFS TRUST | US EQTY PWR BUF | 45782C417 |  | 3242245 | 80854 | SH |  | SOLE | 0 | 31014 | 0 | 49840 |
| INNOVATOR ETFS TRUST | US EQTY PWR BUF | 45782C797 |  | 2376137 | 55118 | SH |  | SOLE | 0 | 27201 | 0 | 27917 |
| INNOVATOR ETFS TRUST | US EQTY PWR BUF | 45782C383 |  | 5792925 | 129828 | SH |  | SOLE | 0 | 36513 | 0 | 93315 |
| INNOVATOR ETFS TRUST | US EQTY BUF OCT | 45782C771 |  | 390948 | 8147 | SH |  | SOLE | 0 | 7891 | 0 | 256 |
| INNOVATOR ETFS TRUST | US EQTY PWR BUF | 45782C813 |  | 2129353 | 46323 | SH |  | SOLE | 0 | 45140 | 0 | 1183 |
| INNOVATOR ETFS TRUST | US EQTY PWR BUF | 45782C508 |  | 13027112 | 282400 | SH |  | SOLE | 0 | 120724 | 0 | 161676 |
| INTEL CORP | COM | 458140100 |  | 1511453 | 34250 | SH |  | SOLE | 0 | 17618 | 0 | 16632 |
| INTERNATIONAL PAPER CO | COM | 460146103 |  | 2614525 | 73236 | SH |  | SOLE | 0 | 37465 | 0 | 35771 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 472891 | 2464 | SH |  | SOLE | 0 | 0 | 0 | 2464 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 |  | 7032171 | 79766 | SH |  | SOLE | 0 | 41076 | 0 | 38690 |
| ISHARES INC | MSCI EMERG MRKT | 464286533 |  | 713406 | 11021 | SH |  | SOLE | 0 | 1016 | 0 | 10005 |
| ISHARES INC | MSCI GBL MIN VOL | 464286525 |  | 929025 | 7774 | SH |  | SOLE | 0 | 1704 | 0 | 6070 |
| ISHARES TR | GLOBAL TECH ETF | 464287291 |  | 6443067 | 64450 | SH |  | SOLE | 0 | 10756 | 0 | 53694 |
| ISHARES TR | MSCI USA MMENTM | 46432F396 |  | 4474374 | 18644 | SH |  | SOLE | 0 | 3929 | 0 | 14715 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 542277 | 5583 | SH |  | SOLE | 0 | 5583 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 |  | 37244106 | 57017 | SH |  | SOLE | 0 | 12963 | 0 | 44054 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 5838645 | 46968 | SH |  | SOLE | 0 | 16749 | 0 | 30219 |
| ISHARES TR | CORE 80/20 AGGRE | 464289859 |  | 321219 | 3630 | SH |  | SOLE | 0 | 464 | 0 | 3166 |
| ISHARES TR | US HLTHCARE ETF | 464287762 |  | 811737 | 13169 | SH |  | SOLE | 0 | 13025 | 0 | 144 |
| ISHARES TR | US TREAS BD ETF | 46429B267 |  | 240715 | 10507 | SH |  | SOLE | 0 | 718 | 0 | 9789 |
| ISHARES TR | CORE MSCI TOTAL | 46432F834 |  | 3405060 | 39301 | SH |  | SOLE | 0 | 11885 | 0 | 27416 |
| ISHARES TR | FLTG RATE NT ETF | 46429B655 |  | 696374 | 13668 | SH |  | SOLE | 0 | 911 | 0 | 12757 |
| ISHARES TR | JPMORGAN USD EMG | 464288281 |  | 379390 | 4039 | SH |  | SOLE | 0 | 0 | 0 | 4039 |
| ISHARES TR | US CONSM STAPLES | 464287812 |  | 522494 | 7461 | SH |  | SOLE | 0 | 7413 | 0 | 48 |
| ISHARES TR | ISHARES BIOTECH | 464287556 |  | 1956465 | 11587 | SH |  | SOLE | 0 | 2290 | 0 | 9297 |
| ISHARES TR | MSCI USA MIN VOL | 46429B697 |  | 9604648 | 103565 | SH |  | SOLE | 0 | 19932 | 0 | 83633 |
| ISHARES TR | CORE UNIVRSL USD | 46434V613 |  | 284577 | 6161 | SH |  | SOLE | 0 | 49 | 0 | 6112 |
| ISHARES TR | US AER DEF ETF | 464288760 |  | 204531 | 935 | SH |  | SOLE | 0 | 535 | 0 | 400 |
| ISHARES TR | USD INV GRDE ETF | 464288620 |  | 1532584 | 29916 | SH |  | SOLE | 0 | 766 | 0 | 29150 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 |  | 202859 | 2550 | SH |  | SOLE | 0 | 0 | 0 | 2550 |
| ISHARES TR | ESG AWR MSCI USA | 46435G425 |  | 317912 | 2248 | SH |  | SOLE | 0 | 755 | 0 | 1493 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 1766224 | 17792 | SH |  | SOLE | 0 | 989 | 0 | 16803 |
| ISHARES TR | CORE 60/40 BALAN | 464289867 |  | 311454 | 4840 | SH |  | SOLE | 0 | 775 | 0 | 4065 |
| ISHARES TR | MSCI EAFE MIN VL | 46429B689 |  | 1605931 | 17576 | SH |  | SOLE | 0 | 7922 | 0 | 9654 |
| ISHARES TR | S 500 VAL ETF | 464287408 |  | 573739 | 2717 | SH |  | SOLE | 0 | 0 | 0 | 2717 |
| ISHARES TR | CORE 1 5 YR USD | 46432F859 |  | 1396095 | 28809 | SH |  | SOLE | 0 | 997 | 0 | 27812 |
| ISHARES TR | S MC 400VL ETF | 464287705 |  | 325149 | 2454 | SH |  | SOLE | 0 | 3 | 0 | 2451 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 6537115 | 96803 | SH |  | SOLE | 0 | 37824 | 0 | 58980 |
| ISHARES TR | U S EQUITY FACTR | 46434V282 |  | 741935 | 11241 | SH |  | SOLE | 0 | 0 | 0 | 11241 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 |  | 507270 | 5603 | SH |  | SOLE | 0 | 1417 | 0 | 4186 |
| ISHARES TR | S 500 GRWT ETF | 464287309 |  | 2149714 | 19006 | SH |  | SOLE | 0 | 2655 | 0 | 16351 |
| ISHARES TR | MSCI ACWI ETF | 464288257 |  | 795355 | 5748 | SH |  | SOLE | 0 | 1642 | 0 | 4106 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 265039 | 4667 | SH |  | SOLE | 0 | 4667 | 0 | 0 |
| ISHARES TR | 0-3 MNTH TREASRY | 46436E718 |  | 244393 | 2428 | SH |  | SOLE | 0 | 2428 | 0 | 0 |
| J P MORGAN EXCHANGE TRADED F | EQUITY PREMIUM | 46641Q332 |  | 1099195 | 19393 | SH |  | SOLE | 0 | 16120 | 0 | 3273 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 339755 | 1155 | SH |  | SOLE | 0 | 199 | 0 | 956 |
| L3HARRIS TECHNOLOGIES INC | COM | 502431109 |  | 2150630 | 6231 | SH |  | SOLE | 0 | 3212 | 0 | 3019 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 310656 | 514 | SH |  | SOLE | 0 | 81 | 0 | 433 |
| LOEWS CORP | COM | 540424108 |  | 4412952 | 41343 | SH |  | SOLE | 0 | 21198 | 0 | 20145 |
| META PLATFORMS INC | CL A | 30303M102 |  | 386947 | 676 | SH |  | SOLE | 0 | 399 | 0 | 277 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 1647984 | 4878 | SH |  | SOLE | 0 | 2469 | 0 | 2409 |
| MICROSOFT CORP | COM | 594918104 |  | 3590516 | 9700 | SH |  | SOLE | 0 | 3927 | 0 | 5772 |
| MICROVISION INC DEL | COM NEW | 594960304 |  | 6412 | 10000 | SH |  | SOLE | 0 | 0 | 0 | 10000 |
| MONOLITHIC PWR SYS INC | COM | 609839105 |  | 1558024 | 1425 | SH |  | SOLE | 0 | 725 | 0 | 700 |
| NUCOR CORP | COM | 670346105 |  | 3004062 | 17765 | SH |  | SOLE | 0 | 8939 | 0 | 8826 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 3142586 | 18019 | SH |  | SOLE | 0 | 9813 | 0 | 8206 |
| ON SEMICONDUCTOR CORP | COM | 682189105 |  | 1435306 | 23180 | SH |  | SOLE | 0 | 11936 | 0 | 11244 |
| ORACLE CORP | COM | 68389X105 |  | 636398 | 4326 | SH |  | SOLE | 0 | 2650 | 0 | 1676 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 2419910 | 16543 | SH |  | SOLE | 0 | 8513 | 0 | 8030 |
| PARKER-HANNIFIN CORP | COM | 701094104 |  | 1685737 | 1883 | SH |  | SOLE | 0 | 993 | 0 | 890 |
| RELIANCE INC | COM | 759509102 |  | 2722819 | 8959 | SH |  | SOLE | 0 | 4593 | 0 | 4366 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 222921 | 2372 | SH |  | SOLE | 0 | 84 | 0 | 2288 |
| SCHWAB STRATEGIC TR | US LCAP GR ETF | 808524300 |  | 213854 | 7341 | SH |  | SOLE | 0 | 0 | 0 | 7341 |
| SCHWAB STRATEGIC TR | INTL EQTY ETF | 808524805 |  | 251224 | 10150 | SH |  | SOLE | 0 | 0 | 0 | 10150 |
| SCHWAB STRATEGIC TR | US LCAP VA ETF | 808524409 |  | 288925 | 9473 | SH |  | SOLE | 0 | 0 | 0 | 9473 |
| SELECT SECTOR SPDR TR | STATE STREET HEA | 81369Y209 |  | 13875024 | 94639 | SH |  | SOLE | 0 | 41777 | 0 | 52862 |
| SELECT SECTOR SPDR TR | STATE STREET IND | 81369Y704 |  | 37229923 | 230198 | SH |  | SOLE | 0 | 103933 | 0 | 126265 |
| SELECT SECTOR SPDR TR | STATE STREET COM | 81369Y852 |  | 12081523 | 108980 | SH |  | SOLE | 0 | 50957 | 0 | 58023 |
| SELECT SECTOR SPDR TR | STATE STREET CON | 81369Y407 |  | 20800468 | 190865 | SH |  | SOLE | 0 | 89921 | 0 | 100944 |
| SELECT SECTOR SPDR TR | STATE STREET CON | 81369Y308 |  | 8546415 | 104250 | SH |  | SOLE | 0 | 46097 | 0 | 58153 |
| SELECT SECTOR SPDR TR | STATE STREET ENE | 81369Y506 |  | 2121679 | 34634 | SH |  | SOLE | 0 | 14964 | 0 | 19670 |
| SELECT SECTOR SPDR TR | STATE STREET UTI | 81369Y886 |  | 2712971 | 59119 | SH |  | SOLE | 0 | 26443 | 0 | 32676 |
| SELECT SECTOR SPDR TR | STATE STREET FIN | 81369Y605 |  | 31574227 | 639543 | SH |  | SOLE | 0 | 297676 | 0 | 341867 |
| SELECT SECTOR SPDR TR | STATE STREET MAT | 81369Y100 |  | 34106624 | 682542 | SH |  | SOLE | 0 | 300909 | 0 | 381633 |
| SELECT SECTOR SPDR TR | STATE STREET TEC | 81369Y803 |  | 44671044 | 336125 | SH |  | SOLE | 0 | 149839 | 0 | 186286 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 592697 | 1849 | SH |  | SOLE | 0 | 490 | 0 | 1359 |
| SOUTHERN COPPER CORP | COM | 84265V105 |  | 2819719 | 16388 | SH |  | SOLE | 0 | 8343 | 0 | 8045 |
| SOUTHWEST AIRLS CO | COM | 844741108 |  | 1355375 | 36076 | SH |  | SOLE | 0 | 18925 | 0 | 17151 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 11671616 | 27125 | SH |  | SOLE | 0 | 11924 | 0 | 15201 |
| STATE STR SPDR S 500 ETF T | TR UNIT | 78462F103 |  | 5468415 | 8409 | SH |  | SOLE | 0 | 7601 | 0 | 808 |
| STEEL DYNAMICS INC | COM | 858119100 |  | 3044340 | 16913 | SH |  | SOLE | 0 | 8642 | 0 | 8271 |
| TAPESTRY INC | COM | 876030107 |  | 1291721 | 9154 | SH |  | SOLE | 0 | 4685 | 0 | 4469 |
| TERADYNE INC | COM | 880770102 |  | 1660472 | 5601 | SH |  | SOLE | 0 | 2882 | 0 | 2719 |
| TESLA INC | COM | 88160R101 |  | 219333 | 590 | SH |  | SOLE | 0 | 166 | 0 | 424 |
| UNION PAC CORP | COM | 907818108 |  | 320744 | 1322 | SH |  | SOLE | 0 | 553 | 0 | 769 |
| UNITED AIRLS HLDGS INC | COM | 910047109 |  | 222441 | 2416 | SH |  | SOLE | 0 | 2416 | 0 | 0 |
| UNITED RENTALS INC | COM | 911363109 |  | 4256976 | 5843 | SH |  | SOLE | 0 | 1525 | 0 | 4318 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 394531 | 660 | SH |  | SOLE | 0 | 3 | 0 | 657 |
| VANGUARD INDEX FDS | LARGE CAP ETF | 922908637 |  | 222643 | 745 | SH |  | SOLE | 0 | 167 | 0 | 578 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 240793 | 4455 | SH |  | SOLE | 0 | 2980 | 0 | 1475 |
| VIKING HOLDINGS LTD | ORD SHS | G93A5A101 |  | 1727221 | 23506 | SH |  | SOLE | 0 | 12036 | 0 | 11470 |
| VISA INC | COM CL A | 92826C839 |  | 249046 | 824 | SH |  | SOLE | 0 | 558 | 0 | 266 |
| WALMART INC | COM | 931142103 |  | 1855128 | 14927 | SH |  | SOLE | 0 | 6374 | 0 | 8553 |
| WERNER ENTERPRISES INC | COM | 950755108 |  | 364066 | 12379 | SH |  | SOLE | 0 | 40 | 0 | 12339 |
| WESTERN DIGITAL CORP | COM | 958102105 |  | 8501230 | 31429 | SH |  | SOLE | 0 | 16039 | 0 | 15390 |
| WW GRAINGER INC | COM | 384802104 |  | 1445323 | 1325 | SH |  | SOLE | 0 | 742 | 0 | 583 |

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