# EDGAR Filing Document

**Accession Number:** 0001349654
**File Stem:** 0001349654-26-000001
**Filing Date:** 2026-1
**Character Count:** 35679
**Document Hash:** d8588fcab46752fc7d41c8784e689902
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001349654-26-000001.hdr.sgml**: 20260129

**ACCESSION NUMBER**: 0001349654-26-000001

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260129

**DATE AS OF CHANGE**: 20260128

**EFFECTIVENESS DATE**: 20260129

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Obermeyer Wealth Partners
- **CENTRAL INDEX KEY:** 0001349654

**ORGANIZATION NAME:**
- **EIN:** 841436016
- **STATE OF INCORPORATION:** CO
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-11588
- **FILM NUMBER:** 26574410

**BUSINESS ADDRESS:**
- **STREET 1:** 501 RIO GRANDE PLACE #107
- **CITY:** ASPEN
- **STATE:** CO
- **ZIP:** 81611
- **BUSINESS PHONE:** 970-925-8747

**MAIL ADDRESS:**
- **STREET 1:** 501 RIO GRANDE PLACE #107
- **CITY:** ASPEN
- **STATE:** CO
- **ZIP:** 81611

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** OBERMEYER WOOD INVESTMENT COUNSEL, LLLP
- **DATE OF NAME CHANGE:** 20141031

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** OBERMEYER ASSET MANAGEMENT CO
- **DATE OF NAME CHANGE:** 20060112

### 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:** Obermeyer Wealth Partners<br>**Address:** 501 RIO GRANDE PLACE #107<br>ASPEN, CO 81611

**Form 13F File Number:** 028-11588

**CRD Number (if applicable):** 000110069

**SEC File Number (if applicable):** 801-54953

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:** Alexandra Phillips<br>**Title:** President<br>**Phone:** 303-321-8188

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

/s/ Alexandra Phillips  Aspen, CO  01-28-2026<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:** 289

**Form 13F Information Table Value Total:** $2188319897

      (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 LABS | COM | 002824100 | BBG001S5N9M6 | 1644431 | 13125 | SH |  | SOLE |  | 13125 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 | BBG0025Y4RZ3 | 2423395 | 10606 | SH |  | SOLE |  | 10606 | 0 | 0 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 | BBG001SCXK90 | 752505 | 2805 | SH |  | SOLE |  | 2805 | 0 | 0 |
| ADOBE INC | COM | 00724F101 | BBG001S5NCQ5 | 403188 | 1152 | SH |  | SOLE |  | 1152 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 | BBG001S5NN36 | 461515 | 2155 | SH |  | SOLE |  | 2155 | 0 | 0 |
| AERCAP HOLDINGS NV | SHS | N00985106 | BBG001SNX4Y4 | 1447088 | 10066 | SH |  | SOLE |  | 10066 | 0 | 0 |
| AGILENT TECHNOLOGIES INC | COM | 00846U101 | BBG001SCTQY4 | 390521 | 2870 | SH |  | SOLE |  | 2870 | 0 | 0 |
| AIR PRODS  CHEMS INC | COM | 009158106 | BBG001S5NSB6 | 735132 | 2976 | SH |  | SOLE |  | 2976 | 0 | 0 |
| ALLSTATE CORP | COM | 020002101 | BBG001S9BM06 | 455016 | 2186 | SH |  | SOLE |  | 2186 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 | BBG009S39JY5 | 10784136 | 34454 | SH |  | SOLE |  | 34454 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 | BBG009S3NB21 | 120755718 | 384817 | SH |  | SOLE |  | 384817 | 0 | 0 |
| ALTRIA GROUP INC | COM | 02209S103 | BBG001S5T8T5 | 312030 | 5412 | SH |  | SOLE |  | 5412 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 | BBG001S5PQL7 | 74009656 | 320638 | SH |  | SOLE |  | 320638 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 | BBG001S5P034 | 2293919 | 6201 | SH |  | SOLE |  | 6201 | 0 | 0 |
| AMERICAN WTR WKS CO INC NEW | COM | 030420103 | BBG001SPHYW3 | 297540 | 2280 | SH |  | SOLE |  | 2280 | 0 | 0 |
| AMGEN INC | COM | 031162100 | BBG001S5NNL6 | 1384156 | 4229 | SH |  | SOLE |  | 4229 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 | BBG001S5ND38 | 2668879 | 9841 | SH |  | SOLE |  | 9841 | 0 | 0 |
| ANNALY CAPITAL MANAGEMENT IN | COM NEW | 035710839 | BBG001S8J4S0 | 451046 | 20172 | SH |  | SOLE |  | 20172 | 0 | 0 |
| AON PLC | SHS CL A | G0403H108 | BBG00SSQFPR9 | 34702931 | 98342 | SH |  | SOLE |  | 98342 | 0 | 0 |
| APOLLO GLOBAL MGMT INC | COM | 03769M106 | BBG00ZNLTFL2 | 4158781 | 28729 | SH |  | SOLE |  | 28729 | 0 | 0 |
| APPLE INC | COM | 037833100 | BBG001S5N8V8 | 89014504 | 327428 | SH |  | SOLE |  | 327428 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 | BBG001S5NMM7 | 1572779 | 6120 | SH |  | SOLE |  | 6120 | 0 | 0 |
| ARCHER DANIELS MIDLAND CO | COM | 039483102 | BBG001S5ND74 | 211391 | 3677 | SH |  | SOLE |  | 3677 | 0 | 0 |
| ARES CAPITAL CORP | COM | 04010L103 | BBG001SL96Z9 | 8358039 | 413151 | SH |  | SOLE |  | 413151 | 0 | 0 |
| ARES MANAGEMENT CORPORATION | CL A COM STK | 03990B101 | BBG0068KVVC7 | 396478 | 2453 | SH |  | SOLE |  | 2453 | 0 | 0 |
| ASML HOLDING N V | N Y REGISTRY SHS | N07059210 | BBG001SCG0R3 | 46220206 | 43202 | SH |  | SOLE |  | 43202 | 0 | 0 |
| ATMOS ENERGY CORP | COM | 049560105 | BBG001S5VG05 | 2921941 | 17431 | SH |  | SOLE |  | 17431 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 | BBG001S82KF6 | 321594 | 1250 | SH |  | SOLE |  | 1250 | 0 | 0 |
| AUTOZONE INC | COM | 053332102 | BBG001S6Q5D9 | 227231 | 67 | SH |  | SOLE |  | 67 | 0 | 0 |
| BANK AMERICA CORP | 7.25%CNV PFD L | 060505682 |  | 215344 | 172 | SH |  | SOLE |  | 172 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 | BBG001S5P0Y0 | 378454 | 6881 | SH |  | SOLE |  | 6881 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 | BBG001S902J2 | 10567200 | 14 | SH |  | SOLE |  | 14 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | BBG001S90346 | 67343288 | 133977 | SH |  | SOLE |  | 133977 | 0 | 0 |
| BLACKROCK INC | COM | 09290D101 | BBG01PSW2WR0 | 835936 | 781 | SH |  | SOLE |  | 781 | 0 | 0 |
| BLACKSTONE INC | COM | 09260D107 | BBG001S7H949 | 465290 | 3019 | SH |  | SOLE |  | 3019 | 0 | 0 |
| BLUE OWL CAPITAL CORPORATION | COM | 69121K104 | BBG00DB0XYD3 | 2439548 | 196263 | SH |  | SOLE |  | 196263 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 | BBG001S8N8J6 | 840655 | 15585 | SH |  | SOLE |  | 15585 | 0 | 0 |
| BRITISH AMERN TOB PLC | SPONSORED ADR | 110448107 | BBG001S6VV46 | 1431014 | 25274 | SH |  | SOLE |  | 25274 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 | BBG00KHY5SY8 | 66664946 | 192618 | SH |  | SOLE |  | 192618 | 0 | 0 |
| BROADSTONE NET LEASE INC | COM | 11135E203 | BBG001T61WG3 | 305521 | 17589 | SH |  | SOLE |  | 17589 | 0 | 0 |
| BROOKFIELD CORP | CL A LTD VT SH | 11271J107 | BBG001SF86D7 | 29652713 | 646169 | SH |  | SOLE |  | 646169 | 0 | 0 |
| BUILDERS FIRSTSOURCE INC | COM | 12008R107 | BBG001S9CFC7 | 395509 | 3844 | SH |  | SOLE |  | 3844 | 0 | 0 |
| CAMBRIA ETF TR | SHSHLD YIELD ETF | 132061201 | BBG004K1ZMP2 | 443438 | 6379 | SH |  | SOLE |  | 6379 | 0 | 0 |
| CANADIAN NAT RES LTD | COM | 136385101 | BBG001S5YC56 | 2478651 | 73225 | SH |  | SOLE |  | 73225 | 0 | 0 |
| CANADIAN PACIFIC KANSAS CITY | COM | 13646K108 | BBG001S7F4Z8 | 345472 | 4692 | SH |  | SOLE |  | 4692 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 | BBG001S5PJ06 | 1166936 | 2037 | SH |  | SOLE |  | 2037 | 0 | 0 |
| CBRE GROUP INC | CL A | 12504L109 | BBG001SC2D27 | 399402 | 2484 | SH |  | SOLE |  | 2484 | 0 | 0 |
| CENCORA INC | COM | 03073E105 | BBG001S8X7P0 | 916654 | 2714 | SH |  | SOLE |  | 2714 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 | BBG001S67ZC5 | 1001334 | 6570 | SH |  | SOLE |  | 6570 | 0 | 0 |
| CHUBB LIMITED | COM | H1467J104 | BBG001S8S1L3 | 23563309 | 75494 | SH |  | SOLE |  | 75494 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 | BBG001S6HC62 | 676192 | 8778 | SH |  | SOLE |  | 8778 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 | BBG001S72ZG4 | 294409 | 2523 | SH |  | SOLE |  | 2523 | 0 | 0 |
| CME GROUP INC | COM | 12572Q105 | BBG001S86547 | 29890652 | 109457 | SH |  | SOLE |  | 109457 | 0 | 0 |
| COCA COLA CO | COM | 191216100 | BBG001S5SMQ8 | 2056164 | 29412 | SH |  | SOLE |  | 29412 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 | BBG001S5PXL2 | 224460 | 7510 | SH |  | SOLE |  | 7510 | 0 | 0 |
| CORNING INC | COM | 219350105 | BBG001S5RLH1 | 1001774 | 11441 | SH |  | SOLE |  | 11441 | 0 | 0 |
| CORTEVA INC | COM | 22052L104 | BBG00BN969D0 | 2278618 | 33994 | SH |  | SOLE |  | 33994 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 | BBG001S9KRQ7 | 2802217 | 3250 | SH |  | SOLE |  | 3250 | 0 | 0 |
| CUMMINS INC | COM | 231021106 | BBG001S5Q9M3 | 361909 | 709 | SH |  | SOLE |  | 709 | 0 | 0 |
| D R HORTON INC | COM | 23331A109 | BBG001S8M692 | 1155409 | 8022 | SH |  | SOLE |  | 8022 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 | BBG001S5QGT0 | 223426 | 976 | SH |  | SOLE |  | 976 | 0 | 0 |
| DEERE  CO | COM | 244199105 | BBG001S5QFF7 | 24470243 | 52560 | SH |  | SOLE |  | 52560 | 0 | 0 |
| DIGITAL RLTY TR INC | COM | 253868103 | BBG001SM0K30 | 274610 | 1775 | SH |  | SOLE |  | 1775 | 0 | 0 |
| DIMENSIONAL ETF TRUST | US CORE EQUITY 2 | 25434V708 | BBG011DXY6D4 | 1138487 | 28757 | SH |  | SOLE |  | 28757 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 | BBG001S5QHF3 | 1207770 | 10616 | SH |  | SOLE |  | 10616 | 0 | 0 |
| DOCUSIGN INC | COM | 256163106 | BBG001T535D5 | 342000 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| DOVER CORP | COM | 260003108 | BBG001S5QL46 | 228040 | 1168 | SH |  | SOLE |  | 1168 | 0 | 0 |
| DOW INC | COM | 260557103 | BBG00BN96931 | 556234 | 23791 | SH |  | SOLE |  | 23791 | 0 | 0 |
| DUPONT DE NEMOURS INC | COM | 26614N102 | BBG00BN961H3 | 1031210 | 25652 | SH |  | SOLE |  | 25652 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 | BBG001S5QZ45 | 3135924 | 9846 | SH |  | SOLE |  | 9846 | 0 | 0 |
| EATON VANCE TAX-MANAGED BUY- | COM | 27828Y108 | BBG001SM6Y34 | 999456 | 69600 | SH |  | SOLE |  | 69600 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 | BBG001S5STL8 | 16747538 | 15584 | SH |  | SOLE |  | 15584 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 | BBG001S5QVT7 | 913512 | 6883 | SH |  | SOLE |  | 6883 | 0 | 0 |
| EMPIRE ST RLTY OP L P | UNIT LTD PRT 60 | 292102209 | BBG005CL7PV1 | 68079 | 10738 | SH |  | SOLE |  | 10738 | 0 | 0 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 | BBG001SDHNW4 | 960005 | 58217 | SH |  | SOLE |  | 58217 | 0 | 0 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 | BBG001S9P0Z1 | 1371270 | 42772 | SH |  | SOLE |  | 42772 | 0 | 0 |
| EQUINIX INC | COM | 29444U700 | BBG001SKBNS9 | 954635 | 1246 | SH |  | SOLE |  | 1246 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 | BBG001S69V32 | 20201755 | 167872 | SH |  | SOLE |  | 167872 | 0 | 0 |
| FERRARI N V | COM | N3167Y103 | BBG009PH3Q95 | 653382 | 1768 | SH |  | SOLE |  | 1768 | 0 | 0 |
| FIRST TR EXCHANGE-TRADED FD | FST LOW OPPT EFT | 33739Q200 | BBG007GFNV45 | 16250452 | 325074 | SH |  | SOLE |  | 325074 | 0 | 0 |
| FIVE BELOW INC | COM | 33829M101 | BBG001TCDMY9 | 557922 | 2962 | SH |  | SOLE |  | 2962 | 0 | 0 |
| FRANCO NEV CORP | COM | 351858105 | BBG001STGSR5 | 210389 | 1015 | SH |  | SOLE |  | 1015 | 0 | 0 |
| GALLAGHER ARTHUR J  CO | COM | 363576109 | BBG001S5NKC2 | 450295 | 1740 | SH |  | SOLE |  | 1740 | 0 | 0 |
| GE AEROSPACE | COM NEW | 369604301 | BBG001S5PVD5 | 561607 | 1823 | SH |  | SOLE |  | 1823 | 0 | 0 |
| GENERAL DYNAMICS CORP | COM | 369550108 | BBG001S5RHP1 | 372009 | 1105 | SH |  | SOLE |  | 1105 | 0 | 0 |
| GENERAL MTRS CO | COM | 37045V100 | BBG001SM1DK6 | 283319 | 3484 | SH |  | SOLE |  | 3484 | 0 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 | BBG001S6Y1X7 | 362574 | 2954 | SH |  | SOLE |  | 2954 | 0 | 0 |
| GLOBAL X FDS | DEFENSE TECH ETF | 37960A529 | BBG01J6K2RX8 | 326736 | 5043 | SH |  | SOLE |  | 5043 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 | BBG001SC07Z6 | 565197 | 643 | SH |  | SOLE |  | 643 | 0 | 0 |
| GREEN BRICK PARTNERS INC | COM | 392709101 | BBG001SS5LM9 | 437054 | 6975 | SH |  | SOLE |  | 6975 | 0 | 0 |
| HERSHEY CO | COM | 427866108 | BBG001S5S148 | 486069 | 2671 | SH |  | SOLE |  | 2671 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 | BBG001S5RTW7 | 30256919 | 87931 | SH |  | SOLE |  | 87931 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 | BBG001S5X1N1 | 769825 | 3946 | SH |  | SOLE |  | 3946 | 0 | 0 |
| IDEXX LABS INC | COM | 45168D104 | BBG001S5S4Y9 | 1422743 | 2103 | SH |  | SOLE |  | 2103 | 0 | 0 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 | BBG001SDJ4R0 | 285212 | 1761 | SH |  | SOLE |  | 1761 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 | BBG001S5S399 | 1085610 | 3665 | SH |  | SOLE |  | 3665 | 0 | 0 |
| INTUIT | COM | 461202103 | BBG001S6TWR2 | 436535 | 659 | SH |  | SOLE |  | 659 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 | BBG001S7XR78 | 283746 | 501 | SH |  | SOLE |  | 501 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | NASDAQ 100 ETF | 46138G649 | BBG00XS6PBW6 | 596134 | 2357 | SH |  | SOLE |  | 2357 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | S 500 REVENUE | 46138G698 | BBG00P4Y2QS5 | 842960 | 7362 | SH |  | SOLE |  | 7362 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | S SMALLCAP 600 | 46138G664 | BBG00P4Y2TZ1 | 841638 | 17275 | SH |  | SOLE |  | 17275 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | RAFI US 1000 ETF | 46137V613 | BBG001S6H5N8 | 363161 | 7740 | SH |  | SOLE |  | 7740 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S 500 GARP ETF | 46137V431 | BBG001V28DF5 | 361266 | 3173 | SH |  | SOLE |  | 3173 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 | BBG00KJR2NN7 | 1452615 | 7583 | SH |  | SOLE |  | 7583 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 | BBG001S9GN63 | 28133949 | 45798 | SH |  | SOLE |  | 45798 | 0 | 0 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 | BBG001SJK6D5 | 1058863 | 13045 | SH |  | SOLE |  | 13045 | 0 | 0 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 | BBG003HC3DG9 | 407423 | 6061 | SH |  | SOLE |  | 6061 | 0 | 0 |
| ISHARES INC | MSCI WORLD ETF | 464286392 | BBG002D9R378 | 65581065 | 353023 | SH |  | SOLE |  | 353023 | 0 | 0 |
| ISHARES SILVER TR | ISHARES | 46428Q109 | BBG001SQLN69 | 435544 | 6761 | SH |  | SOLE |  | 6761 | 0 | 0 |
| ISHARES TR | 0-5 YR TIPS ETF | 46429B747 | BBG001TG5H89 | 442939 | 4326 | SH |  | SOLE |  | 4326 | 0 | 0 |
| ISHARES TR | 1 3 YR TREAS BD | 464287457 | BBG001SKXPR1 | 810394 | 9785 | SH |  | SOLE |  | 9785 | 0 | 0 |
| ISHARES TR | 3 7 YR TREAS BD | 464288661 | BBG001SSD812 | 515115 | 4316 | SH |  | SOLE |  | 4316 | 0 | 0 |
| ISHARES TR | 7-10 YR TRSY BD | 464287440 | BBG001S80936 | 742259 | 7719 | SH |  | SOLE |  | 7719 | 0 | 0 |
| ISHARES TR | CORE DIV GRWTH | 46434V621 | BBG006MJFZK4 | 453606 | 6534 | SH |  | SOLE |  | 6534 | 0 | 0 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 | BBG003H6TRS0 | 781534 | 8736 | SH |  | SOLE |  | 8736 | 0 | 0 |
| ISHARES TR | CORE MSCI TOTAL | 46432F834 | BBG003H6TMV7 | 281089 | 3321 | SH |  | SOLE |  | 3321 | 0 | 0 |
| ISHARES TR | CORE S MCP ETF | 464287507 | BBG001SFC7V0 | 321882 | 4877 | SH |  | SOLE |  | 4877 | 0 | 0 |
| ISHARES TR | CORE S SCP ETF | 464287804 | BBG001SFC7W9 | 2142616 | 17828 | SH |  | SOLE |  | 17828 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 | BBG001SFB7R6 | 2684377 | 3919 | SH |  | SOLE |  | 3919 | 0 | 0 |
| ISHARES TR | CORE US AGGBD ET | 464287226 | BBG001SM1QT8 | 261885 | 2622 | SH |  | SOLE |  | 2622 | 0 | 0 |
| ISHARES TR | EAFE VALUE ETF | 464288877 | BBG001SNYBH6 | 291067 | 4076 | SH |  | SOLE |  | 4076 | 0 | 0 |
| ISHARES TR | EUROPE ETF | 464287861 | BBG001SFGXD9 | 3384518 | 49337 | SH |  | SOLE |  | 49337 | 0 | 0 |
| ISHARES TR | GL CLEAN ENE ETF | 464288224 | BBG001S7XDQ8 | 331853 | 20198 | SH |  | SOLE |  | 20198 | 0 | 0 |
| ISHARES TR | INDIA 50 ETF | 464289529 | BBG001T61K42 | 226783 | 4601 | SH |  | SOLE |  | 4601 | 0 | 0 |
| ISHARES TR | ISHARES SEMICDTR | 464287523 | BBG001SJ8F58 | 717942 | 2384 | SH |  | SOLE |  | 2384 | 0 | 0 |
| ISHARES TR | ISHS 1-5YR INVS | 464288646 | BBG001SSD858 | 331577 | 6270 | SH |  | SOLE |  | 6270 | 0 | 0 |
| ISHARES TR | ISHS 5-10YR INVT | 464288638 | BBG001SSD849 | 321125 | 5960 | SH |  | SOLE |  | 5960 | 0 | 0 |
| ISHARES TR | MBS ETF | 464288588 | BBG001SSD8B1 | 270615 | 2842 | SH |  | SOLE |  | 2842 | 0 | 0 |
| ISHARES TR | MSCI EAFE ETF | 464287465 | BBG001SG09V7 | 277911 | 2894 | SH |  | SOLE |  | 2894 | 0 | 0 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 | BBG001SK77D5 | 1519113 | 27767 | SH |  | SOLE |  | 27767 | 0 | 0 |
| ISHARES TR | MSCI USA MIN VOL | 46429B697 | BBG0025X2G81 | 366329 | 3890 | SH |  | SOLE |  | 3890 | 0 | 0 |
| ISHARES TR | MSCI USA QLT FCT | 46432F339 | BBG004TRTWW3 | 108957909 | 548575 | SH |  | SOLE |  | 548575 | 0 | 0 |
| ISHARES TR | NATIONAL MUN ETF | 464288414 | BBG001SZV978 | 646409 | 6035 | SH |  | SOLE |  | 6035 | 0 | 0 |
| ISHARES TR | RUS 1000 ETF | 464287622 | BBG001S562W9 | 640450 | 1715 | SH |  | SOLE |  | 1715 | 0 | 0 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 | BBG001S56320 | 2739934 | 5789 | SH |  | SOLE |  | 5789 | 0 | 0 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 | BBG001S562P7 | 623868 | 2966 | SH |  | SOLE |  | 2966 | 0 | 0 |
| ISHARES TR | RUS 2000 GRW ETF | 464287648 | BBG001S562F8 | 207049 | 641 | SH |  | SOLE |  | 641 | 0 | 0 |
| ISHARES TR | RUS MID CAP ETF | 464287499 | BBG001SJCNS1 | 766598 | 7963 | SH |  | SOLE |  | 7963 | 0 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 | BBG001SFC7Y7 | 1228831 | 4992 | SH |  | SOLE |  | 4992 | 0 | 0 |
| ISHARES TR | SELECT DIVID ETF | 464287168 | BBG001SDJVG2 | 448402 | 3177 | SH |  | SOLE |  | 3177 | 0 | 0 |
| ISHARES TR | US HOME CONS ETF | 464288752 | BBG001SQZTR8 | 211860 | 2200 | SH |  | SOLE |  | 2200 | 0 | 0 |
| J P MORGAN EXCHANGE TRADED F | ACTIVE VALUE ETF | 46641Q167 | BBG012NLLCC9 | 600442 | 8372 | SH |  | SOLE |  | 8372 | 0 | 0 |
| J P MORGAN EXCHANGE TRADED F | MUNICIPAL ETF | 46641Q647 | BBG00M8D48L9 | 1047875 | 20750 | SH |  | SOLE |  | 20750 | 0 | 0 |
| JANUS DETROIT STR TR | HENDRSON AAA CL | 47103U845 | BBG00XX898D2 | 76314980 | 1508798 | SH |  | SOLE |  | 1508798 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 | BBG001S5SHQ9 | 2604259 | 12584 | SH |  | SOLE |  | 12584 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 | BBG001S8CRC3 | 10861117 | 33707 | SH |  | SOLE |  | 33707 | 0 | 0 |
| KEYSIGHT TECHNOLOGIES INC | COM | 49338L103 | BBG0059FN820 | 203190 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| KINDER MORGAN INC DEL | COM | 49456B101 | BBG001TG2YZ5 | 275035 | 10005 | SH |  | SOLE |  | 10005 | 0 | 0 |
| KKR  CO INC | COM | 48251W104 | BBG001S6PW05 | 726509 | 5699 | SH |  | SOLE |  | 5699 | 0 | 0 |
| KROGER CO | COM | 501044101 | BBG001S5SN40 | 300591 | 4811 | SH |  | SOLE |  | 4811 | 0 | 0 |
| LINDE PLC | SHS | G54950103 | BBG01FND0CH6 | 254981 | 598 | SH |  | SOLE |  | 598 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 | BBG001S7PS57 | 427183 | 883 | SH |  | SOLE |  | 883 | 0 | 0 |
| LOWES COS INC | COM | 548661107 | BBG001S5SVL3 | 5278258 | 21887 | SH |  | SOLE |  | 21887 | 0 | 0 |
| LUCID DIAGNOSTICS INC | COM | 54948X109 | BBG012NYMM65 | 14170 | 13000 | SH |  | SOLE |  | 13000 | 0 | 0 |
| MADISON SQUARE GRDN SPRT COR | CL A | 55825T103 | BBG007FG0C32 | 232009 | 897 | SH |  | SOLE |  | 897 | 0 | 0 |
| MARVELL TECHNOLOGY INC | COM | 573874104 | BBG00ZXBJ162 | 845891 | 9954 | SH |  | SOLE |  | 9954 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 | BBG001SKNNS6 | 67738694 | 118657 | SH |  | SOLE |  | 118657 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 | BBG001S5T110 | 1568799 | 5133 | SH |  | SOLE |  | 5133 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 | BBG001S5T2S9 | 355134 | 3697 | SH |  | SOLE |  | 3697 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 | BBG001S5TC52 | 912394 | 8668 | SH |  | SOLE |  | 8668 | 0 | 0 |
| MERITAGE HOMES CORP | COM | 59001A102 | BBG001S9F527 | 243789 | 3705 | SH |  | SOLE |  | 3705 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 | BBG001SQCQC5 | 51767529 | 78425 | SH |  | SOLE |  | 78425 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 | BBG001S5TD05 | 97989223 | 202616 | SH |  | SOLE |  | 202616 | 0 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 | BBG001SHHZJ3 | 468859 | 8710 | SH |  | SOLE |  | 8710 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 | BBG001S9V5Z3 | 569339 | 3207 | SH |  | SOLE |  | 3207 | 0 | 0 |
| MORGAN STANLEY ETF TRUST | EATON VANCE FLTG | 61774R833 | BBG01L85BBH7 | 1626009 | 32867 | SH |  | SOLE |  | 32867 | 0 | 0 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 | BBG001S5T9L1 | 18893843 | 49290 | SH |  | SOLE |  | 49290 | 0 | 0 |
| MPLX LP | COM UNIT REP LTD | 55336V100 | BBG0035TJHL3 | 1726306 | 32346 | SH |  | SOLE |  | 32346 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 | BBG001SF6L46 | 570061 | 6080 | SH |  | SOLE |  | 6080 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 | BBG001S5RB29 | 23510752 | 292859 | SH |  | SOLE |  | 292859 | 0 | 0 |
| NEXTNAV INC | COMMON STOCK | 65345N106 | BBG017XG00Z2 | 542464 | 32600 | SH |  | SOLE |  | 32600 | 0 | 0 |
| NEXTNAV INC | COMMON STOCK | 65345N106 | BBG017XG00Z2 | 128576 | 16500 | SH | Call | SOLE |  | 16500 | 0 | 0 |
| NIKE INC | CL B | 654106103 | BBG001S6NTK2 | 200835 | 3152 | SH |  | SOLE |  | 3152 | 0 | 0 |
| NORFOLK SOUTHN CORP | COM | 655844108 | BBG001S5TQJ6 | 347908 | 1205 | SH |  | SOLE |  | 1205 | 0 | 0 |
| NOVO-NORDISK A S | ADR | 670100205 | BBG001S5TSK0 | 7163776 | 140797 | SH |  | SOLE |  | 140797 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 | BBG001S5TZJ6 | 81213050 | 435459 | SH |  | SOLE |  | 435459 | 0 | 0 |
| NVR INC | COM | 62944T105 | BBG001S5TSM8 | 29265886 | 4013 | SH |  | SOLE |  | 4013 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 | BBG001S5SJG6 | 1317555 | 6760 | SH |  | SOLE |  | 6760 | 0 | 0 |
| PACER FDS TR | CASH COWS ETF | 69374H659 | BBG00P1MB733 | 605101 | 13923 | SH |  | SOLE |  | 13923 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 | BBG001T53796 | 321905 | 1811 | SH |  | SOLE |  | 1811 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 | BBG001T9NWN5 | 867582 | 4710 | SH |  | SOLE |  | 4710 | 0 | 0 |
| PEPSICO INC | COM | 713448108 | BBG001S695T1 | 778165 | 5422 | SH |  | SOLE |  | 5422 | 0 | 0 |
| PETROLEO BRASILEIRO SA PETRO | SP ADR NON VTG | 71654V101 | BBG001SFJFD5 | 1324518 | 117526 | SH |  | SOLE |  | 117526 | 0 | 0 |
| PETROLEO BRASILEIRO SA PETRO | SPONSORED ADR | 71654V408 | BBG001SF6W88 | 218313 | 18423 | SH |  | SOLE |  | 18423 | 0 | 0 |
| PFIZER INC | COM | 717081103 | BBG001S5V466 | 623621 | 25045 | SH |  | SOLE |  | 25045 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 | BBG001STP9N1 | 525791 | 3278 | SH |  | SOLE |  | 3278 | 0 | 0 |
| PHILLIPS 66 | COM | 718546104 | BBG00286S4P7 | 405831 | 3145 | SH |  | SOLE |  | 3145 | 0 | 0 |
| PIPER SANDLER COMPANIES | COM | 724078100 | BBG001SGY6K8 | 499034 | 1469 | SH |  | SOLE |  | 1469 | 0 | 0 |
| PLUG POWER INC | COM NEW | 72919P202 | BBG001S6GJB2 | 59100 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| PRICE T ROWE GROUP INC | COM | 74144T108 | BBG001S5WW18 | 442896 | 4326 | SH |  | SOLE |  | 4326 | 0 | 0 |
| PRINCIPAL FINANCIAL GROUP IN | COM | 74251V102 | BBG001SD3148 | 581392 | 6591 | SH |  | SOLE |  | 6591 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 | BBG001S5V4L9 | 1779472 | 12417 | SH |  | SOLE |  | 12417 | 0 | 0 |
| PROGRESSIVE CORP | COM | 743315103 | BBG001S5V509 | 290579 | 1276 | SH |  | SOLE |  | 1276 | 0 | 0 |
| QNITY ELECTRONICS INC | COMMON STOCK | 74743L100 | BBG01TRL7564 | 1359554 | 16651 | SH |  | SOLE |  | 16651 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 | BBG001S6VS70 | 275219 | 1609 | SH |  | SOLE |  | 1609 | 0 | 0 |
| QUANTA SVCS INC | COM | 74762E102 | BBG001S5VH85 | 405178 | 960 | SH |  | SOLE |  | 960 | 0 | 0 |
| RBB FD INC | US TREAS 3 MNTH | 74933W452 | BBG01922X1R4 | 66283010 | 1328849 | SH |  | SOLE |  | 1328849 | 0 | 0 |
| ROYAL BK CDA | COM | 780087102 | BBG001S60869 | 1297599 | 7611 | SH |  | SOLE |  | 7611 | 0 | 0 |
| RTX CORPORATION | COM | 75513E101 | BBG001S5X5Q9 | 48273513 | 263214 | SH |  | SOLE |  | 263214 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 | BBG001S5T5M8 | 785975 | 1504 | SH |  | SOLE |  | 1504 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 | BBG001SDLP09 | 1062554 | 4011 | SH |  | SOLE |  | 4011 | 0 | 0 |
| SAP SE | SPON ADR | 803054204 | BBG001S6RD41 | 25829352 | 106333 | SH |  | SOLE |  | 106333 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 | BBG001S5VXD4 | 311819 | 3121 | SH |  | SOLE |  | 3121 | 0 | 0 |
| SCHWAB STRATEGIC TR | INTL SCEQT ETF | 808524888 | BBG001T6L7C0 | 329227 | 7231 | SH |  | SOLE |  | 7231 | 0 | 0 |
| SCHWAB STRATEGIC TR | US BRD MKT ETF | 808524102 | BBG001T5XQT9 | 251808 | 9600 | SH |  | SOLE |  | 9600 | 0 | 0 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 | BBG0025RWLM4 | 637720 | 23249 | SH |  | SOLE |  | 23249 | 0 | 0 |
| SCHWAB STRATEGIC TR | US LCAP GR ETF | 808524300 | BBG001T66WN0 | 527909 | 16184 | SH |  | SOLE |  | 16184 | 0 | 0 |
| SCHWAB STRATEGIC TR | US LCAP VA ETF | 808524409 | BBG001T66WQ7 | 572844 | 19346 | SH |  | SOLE |  | 19346 | 0 | 0 |
| SCHWAB STRATEGIC TR | US SML CAP ETF | 808524607 | BBG001T5XQW5 | 215138 | 7554 | SH |  | SOLE |  | 7554 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET CON | 81369Y407 | BBG001S7T1Q9 | 238820 | 2000 | SH |  | SOLE |  | 2000 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET ENE | 81369Y506 | BBG001S7T1S7 | 482868 | 10800 | SH |  | SOLE |  | 10800 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET FIN | 81369Y605 | BBG001S7T223 | 211467 | 3861 | SH |  | SOLE |  | 3861 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET HEA | 81369Y209 | BBG001S7SCQ6 | 3533612 | 22827 | SH |  | SOLE |  | 22827 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET TEC | 81369Y803 | BBG001S7TCZ5 | 922560 | 6408 | SH |  | SOLE |  | 6408 | 0 | 0 |
| SEMPRA | COM | 816851109 | BBG001SBVZ73 | 287649 | 3258 | SH |  | SOLE |  | 3258 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 | BBG001T4JFC0 | 349273 | 2280 | SH |  | SOLE |  | 2280 | 0 | 0 |
| SHELL PLC | SPON ADS | 780259305 | BBG0147BN6H1 | 2487445 | 33852 | SH |  | SOLE |  | 33852 | 0 | 0 |
| SHERWIN WILLIAMS CO | COM | 824348106 | BBG001S5W2F9 | 19528420 | 60267 | SH |  | SOLE |  | 60267 | 0 | 0 |
| SHOPIFY INC | CL A SUB VTG SHS | 82509L107 | BBG004DW5NC7 | 1006545 | 6253 | SH |  | SOLE |  | 6253 | 0 | 0 |
| SPDR DOW JONES INDL AVERAGE | UT SER 1 | 78467X109 | BBG001S8LH99 | 286420 | 596 | SH |  | SOLE |  | 596 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 | BBG001SCPX28 | 4616615 | 11649 | SH |  | SOLE |  | 11649 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 | BBG001S72SM3 | 14216927 | 20848 | SH |  | SOLE |  | 20848 | 0 | 0 |
| SPDR S MIDCAP 400 ETF TR | UTSER1 S | 78467Y107 | BBG001S63NQ1 | 1714618 | 2842 | SH |  | SOLE |  | 2842 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A375 | BBG001T2HCY9 | 505798 | 14960 | SH |  | SOLE |  | 14960 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78468R853 | BBG004T58LZ5 | 4051188 | 86453 | SH |  | SOLE |  | 86453 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A631 | BBG0024LG8W4 | 454737 | 1885 | SH |  | SOLE |  | 1885 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A763 | BBG001SPTBP8 | 393823 | 2830 | SH |  | SOLE |  | 2830 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A474 | BBG001T6B0P2 | 241117 | 7984 | SH |  | SOLE |  | 7984 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78468R606 | BBG0034VNBZ2 | 231858 | 9795 | SH |  | SOLE |  | 9795 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 | BBG001S72KH6 | 334819 | 3976 | SH |  | SOLE |  | 3976 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 | BBG001S8FR03 | 225292 | 641 | SH |  | SOLE |  | 641 | 0 | 0 |
| SYNOPSYS INC | COM | 871607107 | BBG001S5VTR8 | 360745 | 768 | SH |  | SOLE |  | 768 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 | BBG001S5WWW4 | 77971002 | 256576 | SH |  | SOLE |  | 256576 | 0 | 0 |
| TARGET CORP | COM | 87612E106 | BBG001SC0K41 | 268226 | 2744 | SH |  | SOLE |  | 2744 | 0 | 0 |
| TE CONNECTIVITY PLC | ORD SHS | G87052109 | BBG01Q08MMX4 | 434089 | 1908 | SH |  | SOLE |  | 1908 | 0 | 0 |
| TESLA INC | COM | 88160R101 | BBG001SQKGD7 | 1009397 | 2245 | SH |  | SOLE |  | 2245 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 | BBG001S5WYZ7 | 16786928 | 96760 | SH |  | SOLE |  | 96760 | 0 | 0 |
| THE CIGNA GROUP | COM | 125523100 | BBG00KXRCDQ9 | 385047 | 1399 | SH |  | SOLE |  | 1399 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 | BBG001S5WS08 | 416045 | 718 | SH |  | SOLE |  | 718 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 | BBG001S5WQ93 | 1750693 | 11397 | SH |  | SOLE |  | 11397 | 0 | 0 |
| TOTALENERGIES SE | ACT | F92124100 | BBG001S67Y74 | 1324139 | 20268 | SH |  | SOLE |  | 20268 | 0 | 0 |
| TRAVELERS COMPANIES INC | COM | 89417E109 | BBG001S5R103 | 302533 | 1043 | SH |  | SOLE |  | 1043 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 | BBG001S5X2M0 | 2053196 | 8876 | SH |  | SOLE |  | 8876 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 | BBG001SDGSH1 | 15301645 | 154266 | SH |  | SOLE |  | 154266 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 | BBG001S6WCJ1 | 36690872 | 111147 | SH |  | SOLE |  | 111147 | 0 | 0 |
| US BANCORP DEL | COM NEW | 902973304 | BBG001S6T8C1 | 6314402 | 118336 | SH |  | SOLE |  | 118336 | 0 | 0 |
| VALERO ENERGY CORP | COM | 91913Y100 | BBG001S5X8K9 | 231325 | 1421 | SH |  | SOLE |  | 1421 | 0 | 0 |
| VANECK ETF TRUST | MRNGSTR WDE MOAT | 92189F643 | BBG002XRNHT5 | 16589635 | 160193 | SH |  | SOLE |  | 160193 | 0 | 0 |
| VANECK ETF TRUST | SEMICONDUCTR ETF | 92189F676 | BBG002D68GN8 | 269017 | 747 | SH |  | SOLE |  | 747 | 0 | 0 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 | BBG001SK7DK4 | 431828 | 5830 | SH |  | SOLE |  | 5830 | 0 | 0 |
| VANGUARD INDEX FDS | EXTEND MKT ETF | 922908652 | BBG001SK3J43 | 474254 | 2268 | SH |  | SOLE |  | 2268 | 0 | 0 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 | BBG001SHTTS4 | 2036816 | 4175 | SH |  | SOLE |  | 4175 | 0 | 0 |
| VANGUARD INDEX FDS | LARGE CAP ETF | 922908637 | BBG001SHTTQ6 | 3316269 | 10535 | SH |  | SOLE |  | 10535 | 0 | 0 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 | BBG001SHVTS1 | 240302 | 828 | SH |  | SOLE |  | 828 | 0 | 0 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 | BBG001TC6MC1 | 97516959 | 155497 | SH |  | SOLE |  | 155497 | 0 | 0 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 | BBG001SHTTV0 | 548402 | 2126 | SH |  | SOLE |  | 2126 | 0 | 0 |
| VANGUARD INDEX FDS | SML CP GRW ETF | 922908595 | BBG001SHTTW9 | 202877 | 672 | SH |  | SOLE |  | 672 | 0 | 0 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 | BBG001SHTB03 | 64506801 | 192403 | SH |  | SOLE |  | 192403 | 0 | 0 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 | BBG001SHVR78 | 1346070 | 7048 | SH |  | SOLE |  | 7048 | 0 | 0 |
| VANGUARD INSTL INDEX FD | 0-3 MO TREAS BIL | 922040845 | BBG01S6YYQV7 | 4518710 | 59906 | SH |  | SOLE |  | 59906 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 | BBG001SHTTZ6 | 851290 | 15835 | SH |  | SOLE |  | 15835 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | INT-TERM CORP | 92206C870 | BBG001T62M38 | 415903 | 4966 | SH |  | SOLE |  | 4966 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | LONG TERM TREAS | 92206C847 | BBG001T62MC8 | 14145104 | 253496 | SH |  | SOLE |  | 253496 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 92206C409 | BBG001T62KZ7 | 942835 | 11825 | SH |  | SOLE |  | 11825 | 0 | 0 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 | BBG001SQX4T3 | 777079 | 3536 | SH |  | SOLE |  | 3536 | 0 | 0 |
| VANGUARD STAR FDS | VG TL INTL STK F | 921909768 | BBG001TJR1D8 | 1126244 | 14929 | SH |  | SOLE |  | 14929 | 0 | 0 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 | BBG001SSPWL4 | 14096697 | 225655 | SH |  | SOLE |  | 225655 | 0 | 0 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 | BBG001SS0V24 | 2787189 | 19420 | SH |  | SOLE |  | 19420 | 0 | 0 |
| VANGUARD WORLD FD | ESG US STK ETF | 921910733 | BBG00M0P2SP4 | 338688 | 2800 | SH |  | SOLE |  | 2800 | 0 | 0 |
| VANGUARD WORLD FD | HEALTH CAR ETF | 92204A504 | BBG001SHVR32 | 763749 | 2653 | SH |  | SOLE |  | 2653 | 0 | 0 |
| VANGUARD WORLD FD | INF TECH ETF | 92204A702 | BBG001SHTTR5 | 336405 | 446 | SH |  | SOLE |  | 446 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 | BBG001S67QY1 | 513850 | 12616 | SH |  | SOLE |  | 12616 | 0 | 0 |
| VERTIV HOLDINGS CO | COM CL A | 92537N108 | BBG00L2B8LM7 | 221883 | 1370 | SH |  | SOLE |  | 1370 | 0 | 0 |
| VICI PPTYS INC | COM | 925652109 | BBG00HVVB4B6 | 1704409 | 60612 | SH |  | SOLE |  | 60612 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 | BBG001SRCFY3 | 7711074 | 21987 | SH |  | SOLE |  | 21987 | 0 | 0 |
| VOYAGER TECHNOLOGIES INC | COM CL A | 92892B103 | BBG01V317GP4 | 5470605 | 209281 | SH |  | SOLE |  | 209281 | 0 | 0 |
| WALMART INC | COM | 931142103 | BBG001S5XH92 | 39269892 | 352481 | SH |  | SOLE |  | 352481 | 0 | 0 |
| WASTE MGMT INC DEL | COM | 94106L109 | BBG001S5XH47 | 2948438 | 13420 | SH |  | SOLE |  | 13420 | 0 | 0 |
| WATSCO INC | COM | 942622200 | BBG001S82CQ2 | 345037 | 1024 | SH |  | SOLE |  | 1024 | 0 | 0 |
| WEC ENERGY GROUP INC | COM | 92939U106 | BBG001S5XDC7 | 862557 | 8179 | SH |  | SOLE |  | 8179 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 | BBG001S5XF23 | 1208278 | 12964 | SH |  | SOLE |  | 12964 | 0 | 0 |
| WELLTOWER INC | COM | 95040Q104 | BBG001S5RTQ4 | 594694 | 3204 | SH |  | SOLE |  | 3204 | 0 | 0 |
| WILLIAMS COS INC | COM | 969457100 | BBG001S5XH10 | 497410 | 8275 | SH |  | SOLE |  | 8275 | 0 | 0 |
| WISDOMTREE TR | US LARGECAP DIVD | 97717W307 | BBG001SHL7K8 | 289431 | 3286 | SH |  | SOLE |  | 3286 | 0 | 0 |
| WW GRAINGER INC | COM | 384802104 | BBG001S5RRD2 | 326193 | 323 | SH |  | SOLE |  | 323 | 0 | 0 |
| XCEL ENERGY INC | COM | 98389B100 | BBG001S7F0X8 | 375578 | 5085 | SH |  | SOLE |  | 5085 | 0 | 0 |
| YUM BRANDS INC | COM | 988498101 | BBG001S7JQ30 | 225407 | 1490 | SH |  | SOLE |  | 1490 | 0 | 0 |
| ZIONS BANCORPORATION N A | COM | 989701107 | BBG001S5XN80 | 236209 | 4035 | SH |  | SOLE |  | 4035 | 0 | 0 |
| ZOETIS INC | CL A | 98978V103 | BBG0039320P7 | 5896274 | 46863 | SH |  | SOLE |  | 46863 | 0 | 0 |

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