# EDGAR Filing Document

**Accession Number:** 0001906683
**File Stem:** 0001172661-23-000861
**Filing Date:** 2023-2
**Character Count:** 13115
**Document Hash:** 763b246c682d27d514a57254aa68d638
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001172661-23-000861.hdr.sgml**: 20230214

**ACCESSION NUMBER**: 0001172661-23-000861

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230214

**DATE AS OF CHANGE**: 20230214

**EFFECTIVENESS DATE**: 20230214

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MAS Advisors LLC
- **CENTRAL INDEX KEY:** 0001906683
- **IRS NUMBER:** 461138124
- **STATE OF INCORPORATION:** FL
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-21689
- **FILM NUMBER:** 23623218

**BUSINESS ADDRESS:**
- **STREET 1:** 501 BRICKELL KEY DRIVE
- **STREET 2:** SUITE 509
- **CITY:** MIAMI
- **STATE:** FL
- **ZIP:** 33131
- **BUSINESS PHONE:** 786-364-3101

**MAIL ADDRESS:**
- **STREET 1:** 501 BRICKELL KEY DRIVE
- **STREET 2:** SUITE 509
- **CITY:** MIAMI
- **STATE:** FL
- **ZIP:** 33131

### 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:** MAS Advisors LLC<br>**Address:** 501 Brickell Key Drive<br>Suite 509<br>Miami, FL 33131

**Form 13F File Number:** 028-21689

**CRD Number (if applicable):** 000165906

**SEC File Number (if applicable):** 801-77354

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:** Ricardo Calderon<br>**Title:** COO Managing Director<br>**Phone:** 786-364-3101

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

/s/ Ricardo Calderon  Miami, FL  02-14-2023<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:** 93

**Form 13F Information Table Value Total:** $106483107

      (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 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 348354 | 3926 | SH |  | SOLE |  | 3926 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 231504 | 2756 | SH |  | SOLE |  | 2756 | 0 | 0 |
| APOLLO COML REAL EST FIN INC | COM | 03762U105 |  | 604460 | 56156 | SH |  | SOLE |  | 56156 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 677590 | 5215 | SH |  | SOLE |  | 5215 | 0 | 0 |
| ARES COML REAL ESTATE CORP | COM | 04013V108 |  | 182396 | 17735 | SH |  | SOLE |  | 17735 | 0 | 0 |
| BHP GROUP LTD | SPONSORED ADS | 088606108 |  | 390818 | 6298 | SH |  | SOLE |  | 6298 | 0 | 0 |
| BLACK STONE MINERALS L P | COM UNIT | 09225M101 |  | 449363 | 26647 | SH |  | SOLE |  | 26647 | 0 | 0 |
| BROADMARK RLTY CAP INC | COM | 11135B100 |  | 642905 | 180499 | SH |  | SOLE |  | 180498 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 219577 | 1223 | SH |  | SOLE |  | 1223 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 279381 | 612 | SH |  | SOLE |  | 612 | 0 | 0 |
| CREDIT SUISSE NASSAU BRANCH | XLINK CRD ETN37 | 22539U602 |  | 259146 | 3113 | SH |  | SOLE |  | 3113 | 0 | 0 |
| DEVON ENERGY CORP NEW | COM | 25179M103 |  | 931891 | 15151 | SH |  | SOLE |  | 15151 | 0 | 0 |
| DNP SELECT INCOME FD INC | COM | 23325P104 |  | 1703782 | 151430 | SH |  | SOLE |  | 151429 | 0 | 0 |
| ELLINGTON FINANCIAL INC | COM | 28852N109 |  | 592180 | 47851 | SH |  | SOLE |  | 47851 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 371038 | 3364 | SH |  | SOLE |  | 3364 | 0 | 0 |
| FIDELITY MERRIMACK STR TR | CORP BOND ETF | 316188101 |  | 325077 | 7248 | SH |  | SOLE |  | 7248 | 0 | 0 |
| GABELLI UTIL TR | COM | 36240A101 |  | 1273328 | 169573 | SH |  | SOLE |  | 169572 | 0 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 318927 | 3716 | SH |  | SOLE |  | 3715 | 0 | 0 |
| GLOBAL X FDS | RUSSELL 2000 | 37954Y459 |  | 2368594 | 125917 | SH |  | SOLE |  | 125916 | 0 | 0 |
| GLOBAL X FDS | S 500 COVERED | 37954Y475 |  | 2991329 | 75975 | SH |  | SOLE |  | 75975 | 0 | 0 |
| GLOBAL X FDS | NASDAQ 100 COVER | 37954Y483 |  | 2168693 | 136308 | SH |  | SOLE |  | 136308 | 0 | 0 |
| GLOBAL X FDS | DOW 30 COVERED C | 37960A859 |  | 204095 | 9462 | SH |  | SOLE |  | 9462 | 0 | 0 |
| GOLDMAN SACHS BDC INC | SHS | 38147U107 |  | 197765 | 14411 | SH |  | SOLE |  | 14411 | 0 | 0 |
| GOLUB CAP BDC INC | COM | 38173M102 |  | 221690 | 16843 | SH |  | SOLE |  | 16842 | 0 | 0 |
| HERCULES CAPITAL INC | COM | 427096508 |  | 294278 | 22256 | SH |  | SOLE |  | 22256 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 236693 | 749 | SH |  | SOLE |  | 749 | 0 | 0 |
| HUNTINGTON BANCSHARES INC | COM | 446150104 |  | 246627 | 17491 | SH |  | SOLE |  | 17491 | 0 | 0 |
| INNOVATOR ETFS TR | US EQTY BUFR JAN | 45782C409 |  | 242679 | 7345 | SH |  | SOLE |  | 7345 | 0 | 0 |
| INNOVATOR ETFS TR | US EQT ULTRA BF | 45782C300 |  | 329276 | 11083 | SH |  | SOLE |  | 11083 | 0 | 0 |
| INNOVATOR ETFS TR | US EQTY PWR BUF | 45782C797 |  | 1146509 | 38128 | SH |  | SOLE |  | 38128 | 0 | 0 |
| INNOVATOR ETFS TR | DEFINED WLT SHLD | 45783Y855 |  | 2285239 | 85950 | SH |  | SOLE |  | 85950 | 0 | 0 |
| INNOVATOR ETFS TR | US EQTY BUF SEP | 45782C664 |  | 381946 | 12593 | SH |  | SOLE |  | 12593 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 3524601 | 13236 | SH |  | SOLE |  | 13236 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 186396 | 700 | SH | Call | SOLE |  | 700 | 0 | 0 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 |  | 1434370 | 30715 | SH |  | SOLE |  | 30714 | 0 | 0 |
| ISHARES TR | CRE U S REIT ETF | 464288521 |  | 615848 | 12453 | SH |  | SOLE |  | 12453 | 0 | 0 |
| ISHARES TR | RUS MD CP GR ETF | 464287481 |  | 420842 | 5034 | SH |  | SOLE |  | 5034 | 0 | 0 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 |  | 1822325 | 29564 | SH |  | SOLE |  | 29564 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 |  | 366921 | 955 | SH |  | SOLE |  | 955 | 0 | 0 |
| ISHARES TR | 0-5YR HI YL CP | 46434V407 |  | 604278 | 14778 | SH |  | SOLE |  | 14778 | 0 | 0 |
| ISHARES TR | RUS MID CAP ETF | 464287499 |  | 425866 | 6314 | SH |  | SOLE |  | 6313 | 0 | 0 |
| ISHARES TR | EAFE SML CP ETF | 464288273 |  | 922205 | 16328 | SH |  | SOLE |  | 16328 | 0 | 0 |
| ISHARES TR | NATIONAL MUN ETF | 464288414 |  | 262745 | 2490 | SH |  | SOLE |  | 2490 | 0 | 0 |
| ISHARES TR | JPMORGAN USD EMG | 464288281 |  | 7072708 | 83612 | SH |  | SOLE |  | 83611 | 0 | 0 |
| ISHARES TR | GLOBAL REIT ETF | 46434V647 |  | 400589 | 17635 | SH |  | SOLE |  | 17635 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 984140 | 4103 | SH |  | SOLE |  | 4103 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 23985 | 100 | SH | Call | SOLE |  | 100 | 0 | 0 |
| MONROE CAP CORP | COM | 610335101 |  | 225845 | 26451 | SH |  | SOLE |  | 26451 | 0 | 0 |
| NATURAL RESOURCE PARTNERS L | COM UNIT LTD PAR | 63900P608 |  | 383554 | 7073 | SH |  | SOLE |  | 7073 | 0 | 0 |
| NEWMARK GROUP INC | CL A | 65158N102 |  | 163170 | 20473 | SH |  | SOLE |  | 20473 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 14614 | 100 | SH | Call | SOLE |  | 100 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 199946 | 1368 | SH |  | SOLE |  | 1368 | 0 | 0 |
| OWL ROCK CAPITAL CORPORATION | COM | 69121K104 |  | 228022 | 19740 | SH |  | SOLE |  | 19740 | 0 | 0 |
| PHILLIPS 66 | COM | 718546104 |  | 265406 | 2550 | SH |  | SOLE |  | 2550 | 0 | 0 |
| PIMCO DYNAMIC INCOME FD | SHS | 72201Y101 |  | 2442917 | 132193 | SH |  | SOLE |  | 132193 | 0 | 0 |
| PIMCO ETF TR | 1-5 US TIP IDX | 72201R205 |  | 1934279 | 38785 | SH |  | SOLE |  | 38784 | 0 | 0 |
| PIMCO ETF TR | 15+ YR US TIPS | 72201R304 |  | 1092764 | 18761 | SH |  | SOLE |  | 18761 | 0 | 0 |
| PROLOGIS INC. | COM | 74340W103 |  | 203888 | 1808 | SH |  | SOLE |  | 1808 | 0 | 0 |
| RIO TINTO PLC | SPONSORED ADR | 767204100 |  | 238439 | 3349 | SH |  | SOLE |  | 3349 | 0 | 0 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 |  | 1585273 | 20985 | SH |  | SOLE |  | 20985 | 0 | 0 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 |  | 364410 | 4166 | SH |  | SOLE |  | 4166 | 0 | 0 |
| SIMMONS 1ST NATL CORP | CL A $1 PAR | 828730200 |  | 390749 | 18107 | SH |  | SOLE |  | 18107 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 114729 | 300 | SH | Put | SOLE |  | 300 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 5809877 | 15192 | SH |  | SOLE |  | 15192 | 0 | 0 |
| SPDR SER TR | PORTFOLIO SHORT | 78464A474 |  | 2073817 | 70586 | SH |  | SOLE |  | 70586 | 0 | 0 |
| SPDR SER TR | S DIVID ETF | 78464A763 |  | 3161657 | 25269 | SH |  | SOLE |  | 25269 | 0 | 0 |
| SPDR SER TR | PORTFOLIO S | 78464A854 |  | 1693002 | 37639 | SH |  | SOLE |  | 37639 | 0 | 0 |
| STARWOOD PPTY TR INC | COM | 85571B105 |  | 279478 | 15246 | SH |  | SOLE |  | 15245 | 0 | 0 |
| TRUIST FINL CORP | COM | 89832Q109 |  | 868259 | 20178 | SH |  | SOLE |  | 20178 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 308749 | 582 | SH |  | SOLE |  | 582 | 0 | 0 |
| VALE S A | SPONSORED ADS | 91912E105 |  | 294168 | 17337 | SH |  | SOLE |  | 17337 | 0 | 0 |
| VANGUARD ADMIRAL FDS INC | 500 GRTH IDX F | 921932505 |  | 1527627 | 7242 | SH |  | SOLE |  | 7242 | 0 | 0 |
| VANGUARD BD INDEX FDS | VANGUARD ULTRA | 92203C303 |  | 208250 | 4250 | SH |  | SOLE |  | 4250 | 0 | 0 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 8096531 | 98160 | SH |  | SOLE |  | 98159 | 0 | 0 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 4040958 | 19827 | SH |  | SOLE |  | 19827 | 0 | 0 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 2976173 | 16215 | SH |  | SOLE |  | 16215 | 0 | 0 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 1773527 | 5048 | SH |  | SOLE |  | 5047 | 0 | 0 |
| VANGUARD INDEX FDS | SM CP VAL ETF | 922908611 |  | 2076714 | 13076 | SH |  | SOLE |  | 13076 | 0 | 0 |
| VANGUARD INDEX FDS | MCAP GR IDXVIP | 922908538 |  | 2499203 | 13902 | SH |  | SOLE |  | 13902 | 0 | 0 |
| VANGUARD INDEX FDS | SML CP GRW ETF | 922908595 |  | 1999401 | 9970 | SH |  | SOLE |  | 9970 | 0 | 0 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 2524635 | 11847 | SH |  | SOLE |  | 11846 | 0 | 0 |
| VANGUARD INDEX FDS | MCAP VL IDXVIP | 922908512 |  | 2505689 | 18526 | SH |  | SOLE |  | 18526 | 0 | 0 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 245938 | 700 | SH | Call | SOLE |  | 700 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | FTSE SMCAP ETF | 922042718 |  | 423474 | 4119 | SH |  | SOLE |  | 4119 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 1309070 | 33583 | SH |  | SOLE |  | 33583 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 |  | 889383 | 17738 | SH |  | SOLE |  | 17738 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | TT WRLD ST ETF | 922042742 |  | 1933481 | 22433 | SH |  | SOLE |  | 22432 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | INT-TERM CORP | 92206C870 |  | 304769 | 3932 | SH |  | SOLE |  | 3932 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 92206C409 |  | 2080432 | 27669 | SH |  | SOLE |  | 27669 | 0 | 0 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 846983 | 20174 | SH |  | SOLE |  | 20174 | 0 | 0 |
| VANGUARD WORLD FD | MEGA CAP INDEX | 921910873 |  | 245166 | 1852 | SH |  | SOLE |  | 1851 | 0 | 0 |
| VANGUARD WORLD FDS | FINANCIALS ETF | 92204A405 |  | 944343 | 11415 | SH |  | SOLE |  | 11414 | 0 | 0 |
| VICI PPTYS INC | COM | 925652109 |  | 509399 | 15722 | SH |  | SOLE |  | 15722 | 0 | 0 |

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