# EDGAR Filing Document

**Accession Number:** 0001714590
**File Stem:** 0001420506-23-000279
**Filing Date:** 2023-2
**Character Count:** 17932
**Document Hash:** e7ab8bd5d972d95f5d325ab74b5d8aa1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001420506-23-000279.hdr.sgml**: 20230207

**ACCESSION NUMBER**: 0001420506-23-000279

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230207

**DATE AS OF CHANGE**: 20230207

**EFFECTIVENESS DATE**: 20230207

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Gs Investments, Inc.
- **CENTRAL INDEX KEY:** 0001714590
- **IRS NUMBER:** 411743200

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-18142
- **FILM NUMBER:** 23594527

**BUSINESS ADDRESS:**
- **STREET 1:** 333 SOUTH 7TH STREET
- **STREET 2:** SUITE 3060
- **CITY:** MINNEAPOLIS
- **STATE:** MN
- **ZIP:** 55402
- **BUSINESS PHONE:** 6123710590

**MAIL ADDRESS:**
- **STREET 1:** 333 SOUTH 7TH STREET
- **STREET 2:** SUITE 3060
- **CITY:** MINNEAPOLIS
- **STATE:** MN
- **ZIP:** 55402

### 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:** GS Investments Inc.<br>**Address:** 333 South 7th Street<br>SUITE 3060<br>Minneapolis, MN 55402

**Form 13F File Number:** 028-18142

**CRD Number (if applicable):** 000107782

**SEC File Number (if applicable):** 801-56317

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:** John Steinke<br>**Title:** Managing Principal<br>**Phone:** 6123710590

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

John Steinke Managing Principal  Minneapolis, MN  02-07-2023<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:** 151

**Form 13F Information Table Value Total:** $161758466

      (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 |
| 3M CO | COM | 88579Y101 |  | 1799 | 15 | SH |  | SOLE |  | 0 | 0 | 15 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 1028668 | 3855 | SH |  | SOLE |  | 0 | 0 | 3855 |
| ADOBE SYSTEMS INCORPORATED | COM | 00724F101 |  | 2358402 | 7008 | SH |  | SOLE |  | 0 | 0 | 7008 |
| AIR PRODS  CHEMS INC | COM | 009158106 |  | 4142398 | 13438 | SH |  | SOLE |  | 0 | 0 | 13438 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 14975 | 170 | SH |  | SOLE |  | 0 | 0 | 170 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 1198742 | 13510 | SH |  | SOLE |  | 0 | 0 | 13510 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 3496996 | 39635 | SH |  | SOLE |  | 0 | 0 | 39635 |
| ALPS ETF TR | ALERIAN MLP | 00162Q452 |  | 22842 | 600 | SH |  | SOLE |  | 0 | 0 | 600 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 4571 | 100 | SH |  | SOLE |  | 0 | 0 | 100 |
| AMAZON COM INC | COM | 023135106 |  | 3024840 | 36010 | SH |  | SOLE |  | 0 | 0 | 36010 |
| AMEREN CORP | COM | 023608102 |  | 9159 | 103 | SH |  | SOLE |  | 0 | 0 | 103 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 |  | 1049198 | 11050 | SH |  | SOLE |  | 0 | 0 | 11050 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 1414377 | 6676 | SH |  | SOLE |  | 0 | 0 | 6676 |
| AMERIPRISE FINL INC | COM | 03076C106 |  | 4931478 | 15838 | SH |  | SOLE |  | 0 | 0 | 15838 |
| AMGEN INC | COM | 031162100 |  | 3003551 | 11436 | SH |  | SOLE |  | 0 | 0 | 11436 |
| APPLE INC | COM | 037833100 |  | 6257299 | 48159 | SH |  | SOLE |  | 0 | 0 | 48159 |
| AT INC | COM | 00206R102 |  | 18410 | 1000 | SH |  | SOLE |  | 0 | 0 | 1000 |
| BALLARD PWR SYS INC NEW | COM | 058586108 |  | 599 | 125 | SH |  | SOLE |  | 0 | 0 | 125 |
| BANK AMERICA CORP | COM | 060505104 |  | 2005615 | 60556 | SH |  | SOLE |  | 0 | 0 | 60556 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 3405314 | 11024 | SH |  | SOLE |  | 0 | 0 | 11024 |
| BEST BUY INC | COM | 086516101 |  | 4011 | 50 | SH |  | SOLE |  | 0 | 0 | 50 |
| BIO-TECHNE CORP | COM | 09073M104 |  | 6630 | 80 | SH |  | SOLE |  | 0 | 0 | 80 |
| BLACKROCK CORE BD TR | SHS BEN INT | 09249E101 |  | 14013 | 1350 | SH |  | SOLE |  | 0 | 0 | 1350 |
| BLINK CHARGING CO | COM | 09354A100 |  | 878 | 80 | SH |  | SOLE |  | 0 | 0 | 80 |
| BLOCK INC | CL A | 852234103 |  | 251 | 4 | SH |  | SOLE |  | 0 | 0 | 4 |
| BOEING CO | COM | 097023105 |  | 12382 | 65 | SH |  | SOLE |  | 0 | 0 | 65 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 2567176 | 35680 | SH |  | SOLE |  | 0 | 0 | 35680 |
| BROADCOM INC | COM | 11135F101 |  | 299135 | 535 | SH |  | SOLE |  | 0 | 0 | 535 |
| CEDAR FAIR L P | DEPOSITRY UNIT | 150185106 |  | 5581 | 135 | SH |  | SOLE |  | 0 | 0 | 135 |
| CHEVRON CORP NEW | COM | 166764100 |  | 3769 | 21 | SH |  | SOLE |  | 0 | 0 | 21 |
| CISCO SYS INC | COM | 17275R102 |  | 1810 | 38 | SH |  | SOLE |  | 0 | 0 | 38 |
| CITIGROUP INC | COM NEW | 172967424 |  | 203490 | 4499 | SH |  | SOLE |  | 0 | 0 | 4499 |
| COMPASS MINERALS INTL INC | COM | 20451N101 |  | 762600 | 18600 | SH |  | SOLE |  | 0 | 0 | 18600 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 1249620 | 10590 | SH |  | SOLE |  | 0 | 0 | 10590 |
| CONSTELLATION BRANDS INC | CL A | 21036P108 |  | 1734649 | 7485 | SH |  | SOLE |  | 0 | 0 | 7485 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 2431776 | 5327 | SH |  | SOLE |  | 0 | 0 | 5327 |
| CUMMINS INC | COM | 231021106 |  | 242290 | 1000 | SH |  | SOLE |  | 0 | 0 | 1000 |
| CVS HEALTH CORP | COM | 126650100 |  | 824732 | 8850 | SH |  | SOLE |  | 0 | 0 | 8850 |
| DEERE  CO | COM | 244199105 |  | 3430 | 8 | SH |  | SOLE |  | 0 | 0 | 8 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 493 | 15 | SH |  | SOLE |  | 0 | 0 | 15 |
| DISCOVER FINL SVCS | COM | 254709108 |  | 9783 | 100 | SH |  | SOLE |  | 0 | 0 | 100 |
| DISNEY WALT CO | COM | 254687106 |  | 2649058 | 30491 | SH |  | SOLE |  | 0 | 0 | 30491 |
| DOMA HOLDINGS INC | COMMON STOCK | 25703A104 |  | 11413 | 25200 | SH |  | SOLE |  | 0 | 0 | 25200 |
| DOW INC | COM | 260557103 |  | 7559 | 150 | SH |  | SOLE |  | 0 | 0 | 150 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 3296 | 32 | SH |  | SOLE |  | 0 | 0 | 32 |
| DXC TECHNOLOGY CO | COM | 23355L106 |  | 2650 | 100 | SH |  | SOLE |  | 0 | 0 | 100 |
| ECOLAB INC | COM | 278865100 |  | 2325903 | 15979 | SH |  | SOLE |  | 0 | 0 | 15979 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 192960 | 8000 | SH |  | SOLE |  | 0 | 0 | 8000 |
| EQUINIX INC | COM | 29444U700 |  | 1512464 | 2309 | SH |  | SOLE |  | 0 | 0 | 2309 |
| ETSY INC | COM | 29786A106 |  | 120 | 1 | SH |  | SOLE |  | 0 | 0 | 1 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 10809 | 98 | SH |  | SOLE |  | 0 | 0 | 98 |
| FIVE BELOW INC | COM | 33829M101 |  | 265305 | 1500 | SH |  | SOLE |  | 0 | 0 | 1500 |
| FORD MTR CO DEL | COM | 345370860 |  | 5931 | 510 | SH |  | SOLE |  | 0 | 0 | 510 |
| GABELLI DIVID  INCOME TR | COM | 36242H104 |  | 27432 | 1331 | SH |  | SOLE |  | 0 | 0 | 1331 |
| GLOBAL X FDS | US PFD ETF | 37954Y657 |  | 696080 | 35936 | SH |  | SOLE |  | 0 | 0 | 35936 |
| GLOBAL X FDS | LITHIUM BTRY ETF | 37954Y855 |  | 1524 | 26 | SH |  | SOLE |  | 0 | 0 | 26 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 171690 | 500 | SH |  | SOLE |  | 0 | 0 | 500 |
| HOME DEPOT INC | COM | 437076102 |  | 5333296 | 16885 | SH |  | SOLE |  | 0 | 0 | 16885 |
| HONEYWELL INTL INC | COM | 438516106 |  | 2473022 | 11540 | SH |  | SOLE |  | 0 | 0 | 11540 |
| INCYTE CORP | COM | 45337C102 |  | 1606400 | 20000 | SH |  | SOLE |  | 0 | 0 | 20000 |
| INTEL CORP | COM | 458140100 |  | 4625 | 175 | SH |  | SOLE |  | 0 | 0 | 175 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 500160 | 3550 | SH |  | SOLE |  | 0 | 0 | 3550 |
| INVESCO EXCH TRD SLF IDX FD | BULSHS 2023 CB | 46138J866 |  | 644086 | 30700 | SH |  | SOLE |  | 0 | 0 | 30700 |
| INVESCO EXCH TRD SLF IDX FD | INVSCO BLSH 28 | 46138J643 |  | 85816 | 4375 | SH |  | SOLE |  | 0 | 0 | 4375 |
| INVESCO EXCH TRD SLF IDX FD | BULSHS 2025 CB | 46138J825 |  | 1070844 | 53170 | SH |  | SOLE |  | 0 | 0 | 53170 |
| INVESCO EXCH TRD SLF IDX FD | BULSHS 2026 CB | 46138J791 |  | 725111 | 38315 | SH |  | SOLE |  | 0 | 0 | 38315 |
| INVESCO EXCH TRD SLF IDX FD | BULSHS 2027 CB | 46138J783 |  | 185676 | 9775 | SH |  | SOLE |  | 0 | 0 | 9775 |
| INVESCO EXCH TRD SLF IDX FD | BULSHS 2024 CB | 46138J841 |  | 1050333 | 51273 | SH |  | SOLE |  | 0 | 0 | 51273 |
| INVESCO EXCHANGE TRADED FD T | S PUR GWT | 46137V266 |  | 10613 | 70 | SH |  | SOLE |  | 0 | 0 | 70 |
| INVESCO EXCHANGE TRADED FD T | FTSE RAFI 1000 | 46137V613 |  | 149535 | 964 | SH |  | SOLE |  | 0 | 0 | 964 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 275971 | 1954 | SH |  | SOLE |  | 0 | 0 | 1954 |
| ISHARES TR | GL CLEAN ENE ETF | 464288224 |  | 402 | 20 | SH |  | SOLE |  | 0 | 0 | 20 |
| ISHARES TR | MSCI ACWI EX US | 464288240 |  | 2792 | 61 | SH |  | SOLE |  | 0 | 0 | 61 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 424060 | 4481 | SH |  | SOLE |  | 0 | 0 | 4481 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 31385 | 180 | SH |  | SOLE |  | 0 | 0 | 180 |
| ISHARES TR | PFD AND INCM SEC | 464288687 |  | 9159 | 300 | SH |  | SOLE |  | 0 | 0 | 300 |
| ISHARES TR | CORE S ETF | 464287200 |  | 3572 | 9 | SH |  | SOLE |  | 0 | 0 | 9 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 1524897 | 23231 | SH |  | SOLE |  | 0 | 0 | 23231 |
| ISHARES TR | CORE MSCI INTL | 46435G326 |  | 462 | 8 | SH |  | SOLE |  | 0 | 0 | 8 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 1203345 | 4975 | SH |  | SOLE |  | 0 | 0 | 4975 |
| ISHARES U S ETF TR | BLACKROCK ST MAT | 46431W507 |  | 737818 | 14975 | SH |  | SOLE |  | 0 | 0 | 14975 |
| JOHNSON CTLS INTL PLC | SHS | G51502105 |  | 213888 | 3342 | SH |  | SOLE |  | 0 | 0 | 3342 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 1973550 | 14717 | SH |  | SOLE |  | 0 | 0 | 14717 |
| KLA CORP | COM NEW | 482480100 |  | 6413280 | 17010 | SH |  | SOLE |  | 0 | 0 | 17010 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 4094786 | 8417 | SH |  | SOLE |  | 0 | 0 | 8417 |
| MASTEC INC | COM | 576323109 |  | 3898130 | 45683 | SH |  | SOLE |  | 0 | 0 | 45683 |
| MCDONALDS CORP | COM | 580135101 |  | 10541 | 40 | SH |  | SOLE |  | 0 | 0 | 40 |
| MDU RES GROUP INC | COM | 552690109 |  | 105583 | 3480 | SH |  | SOLE |  | 0 | 0 | 3480 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 1037329 | 13347 | SH |  | SOLE |  | 0 | 0 | 13347 |
| META PLATFORMS INC | CL A | 30303M102 |  | 2107033 | 17509 | SH |  | SOLE |  | 0 | 0 | 17509 |
| MICROSOFT CORP | COM | 594918104 |  | 4424199 | 18448 | SH |  | SOLE |  | 0 | 0 | 18448 |
| MODERNA INC | COM | 60770K107 |  | 8622 | 48 | SH |  | SOLE |  | 0 | 0 | 48 |
| NETFLIX INC | COM | 64110L106 |  | 35386 | 120 | SH |  | SOLE |  | 0 | 0 | 120 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 838424 | 10029 | SH |  | SOLE |  | 0 | 0 | 10029 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 1843995 | 12618 | SH |  | SOLE |  | 0 | 0 | 12618 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 1199202 | 16838 | SH |  | SOLE |  | 0 | 0 | 16838 |
| PEPSICO INC | COM | 713448108 |  | 3214483 | 17793 | SH |  | SOLE |  | 0 | 0 | 17793 |
| PFIZER INC | COM | 717081103 |  | 10248 | 200 | SH |  | SOLE |  | 0 | 0 | 200 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 11437 | 113 | SH |  | SOLE |  | 0 | 0 | 113 |
| PIMCO INCOME STRATEGY FD II | COM | 72201J104 |  | 7070 | 1000 | SH |  | SOLE |  | 0 | 0 | 1000 |
| PIONEER NAT RES CO | COM | 723787107 |  | 710293 | 3110 | SH |  | SOLE |  | 0 | 0 | 3110 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 2502361 | 16511 | SH |  | SOLE |  | 0 | 0 | 16511 |
| PROLOGIS INC. | COM | 74340W103 |  | 9244 | 82 | SH |  | SOLE |  | 0 | 0 | 82 |
| PROTO LABS INC | COM | 743713109 |  | 127650 | 5000 | SH |  | SOLE |  | 0 | 0 | 5000 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 4973 | 50 | SH |  | SOLE |  | 0 | 0 | 50 |
| PUBLIC STORAGE | COM | 74460D109 |  | 3082 | 11 | SH |  | SOLE |  | 0 | 0 | 11 |
| REVOLVE GROUP INC | CL A | 76156B107 |  | 386768 | 17375 | SH |  | SOLE |  | 0 | 0 | 17375 |
| ROKU INC | COM CL A | 77543R102 |  | 12210 | 300 | SH |  | SOLE |  | 0 | 0 | 300 |
| ROSS STORES INC | COM | 778296103 |  | 3619643 | 31185 | SH |  | SOLE |  | 0 | 0 | 31185 |
| SALESFORCE INC | COM | 79466L302 |  | 1019087 | 7686 | SH |  | SOLE |  | 0 | 0 | 7686 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 4280230 | 51408 | SH |  | SOLE |  | 0 | 0 | 51408 |
| SCHWAB STRATEGIC TR | US MID-CAP ETF | 808524508 |  | 4574 | 70 | SH |  | SOLE |  | 0 | 0 | 70 |
| SCHWAB STRATEGIC TR | US LRG CAP ETF | 808524201 |  | 662761 | 14679 | SH |  | SOLE |  | 0 | 0 | 14679 |
| SCHWAB STRATEGIC TR | EMRG MKTEQ ETF | 808524706 |  | 16687 | 705 | SH |  | SOLE |  | 0 | 0 | 705 |
| SCHWAB STRATEGIC TR | US LCAP VA ETF | 808524409 |  | 12346 | 187 | SH |  | SOLE |  | 0 | 0 | 187 |
| SCHWAB STRATEGIC TR | US LCAP GR ETF | 808524300 |  | 8334 | 150 | SH |  | SOLE |  | 0 | 0 | 150 |
| SCHWAB STRATEGIC TR | US SML CAP ETF | 808524607 |  | 11829 | 292 | SH |  | SOLE |  | 0 | 0 | 292 |
| SCHWAB STRATEGIC TR | US BRD MKT ETF | 808524102 |  | 775558 | 17308 | SH |  | SOLE |  | 0 | 0 | 17308 |
| SCHWAB STRATEGIC TR | US AGGREGATE B | 808524839 |  | 412144 | 9028 | SH |  | SOLE |  | 0 | 0 | 9028 |
| SHOPIFY INC | CL A | 82509L107 |  | 14821 | 427 | SH |  | SOLE |  | 0 | 0 | 427 |
| SONOS INC | COM | 83570H108 |  | 6253 | 370 | SH |  | SOLE |  | 0 | 0 | 370 |
| SOUTHERN CO | COM | 842587107 |  | 3642 | 51 | SH |  | SOLE |  | 0 | 0 | 51 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 3059 | 8 | SH |  | SOLE |  | 0 | 0 | 8 |
| SPDR SER TR | BLOOMBERG INVT | 78468R200 |  | 146480 | 4820 | SH |  | SOLE |  | 0 | 0 | 4820 |
| SPOTIFY TECHNOLOGY S A | SHS | L8681T102 |  | 136820 | 1733 | SH |  | SOLE |  | 0 | 0 | 1733 |
| STONECO LTD | COM CL A | G85158106 |  | 105728 | 11200 | SH |  | SOLE |  | 0 | 0 | 11200 |
| STRYKER CORPORATION | COM | 863667101 |  | 4005969 | 16385 | SH |  | SOLE |  | 0 | 0 | 16385 |
| SUNCOR ENERGY INC NEW | COM | 867224107 |  | 825868 | 26028 | SH |  | SOLE |  | 0 | 0 | 26028 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 3725 | 50 | SH |  | SOLE |  | 0 | 0 | 50 |
| TESLA INC | COM | 88160R101 |  | 8499 | 69 | SH |  | SOLE |  | 0 | 0 | 69 |
| TEXAS INSTRS INC | COM | 882508104 |  | 8866862 | 53667 | SH |  | SOLE |  | 0 | 0 | 53667 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 7071961 | 12842 | SH |  | SOLE |  | 0 | 0 | 12842 |
| TRAVEL PLUS LEISURE CO | COM | 894164102 |  | 527800 | 14500 | SH |  | SOLE |  | 0 | 0 | 14500 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 19042 | 770 | SH |  | SOLE |  | 0 | 0 | 770 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 4423822 | 8344 | SH |  | SOLE |  | 0 | 0 | 8344 |
| UPSTART HLDGS INC | COM | 91680M107 |  | 52880 | 4000 | SH |  | SOLE |  | 0 | 0 | 4000 |
| US BANCORP DEL | COM NEW | 902973304 |  | 1312617 | 30099 | SH |  | SOLE |  | 0 | 0 | 30099 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 40195 | 219 | SH |  | SOLE |  | 0 | 0 | 219 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 3543 | 43 | SH |  | SOLE |  | 0 | 0 | 43 |
| VANGUARD INTL EQUITY INDEX F | GLB EX US ETF | 922042676 |  | 431 | 10 | SH |  | SOLE |  | 0 | 0 | 10 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 1166556 | 27795 | SH |  | SOLE |  | 0 | 0 | 27795 |
| VICTORY CAP HLDGS INC | COM CL A | 92645B103 |  | 983588 | 36660 | SH |  | SOLE |  | 0 | 0 | 36660 |
| VISA INC | COM CL A | 92826C839 |  | 5115259 | 24621 | SH |  | SOLE |  | 0 | 0 | 24621 |
| WARNER BROS DISCOVERY INC | COM SER A | 934423104 |  | 1138 | 120 | SH |  | SOLE |  | 0 | 0 | 120 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 419654 | 2675 | SH |  | SOLE |  | 0 | 0 | 2675 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 1750696 | 42400 | SH |  | SOLE |  | 0 | 0 | 42400 |
| WILLIAMS COS INC | COM | 969457100 |  | 3036341 | 92290 | SH |  | SOLE |  | 0 | 0 | 92290 |
| WILLIAMS SONOMA INC | COM | 969904101 |  | 881207 | 7668 | SH |  | SOLE |  | 0 | 0 | 7668 |
| WYNDHAM HOTELS  RESORTS INC | COM | 98311A105 |  | 1033995 | 14500 | SH |  | SOLE |  | 0 | 0 | 14500 |
| XCEL ENERGY INC | COM | 98389B100 |  | 35335 | 504 | SH |  | SOLE |  | 0 | 0 | 504 |
| YUM BRANDS INC | COM | 988498101 |  | 22414 | 175 | SH |  | SOLE |  | 0 | 0 | 175 |

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