# EDGAR Filing Document

**Accession Number:** 0001803662
**File Stem:** 0001803662-26-000001
**Filing Date:** 2026-2
**Character Count:** 30604
**Document Hash:** 0178571ffd583b47fabc21c4b6d6e733
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001803662-26-000001.hdr.sgml**: 20260213

**ACCESSION NUMBER**: 0001803662-26-000001

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260213

**DATE AS OF CHANGE**: 20260213

**EFFECTIVENESS DATE**: 20260213

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MAGNOLIA CAPITAL ADVISORS LLC
- **CENTRAL INDEX KEY:** 0001803662

**ORGANIZATION NAME:**
- **EIN:** 831488684
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-20214
- **FILM NUMBER:** 26630990

**BUSINESS ADDRESS:**
- **STREET 1:** 1076 HIGHLAND COLONY PARKWAY
- **STREET 2:** SUITE 291
- **CITY:** RIDGELAND
- **STATE:** MS
- **ZIP:** 39157
- **BUSINESS PHONE:** 601-362-4737

**MAIL ADDRESS:**
- **STREET 1:** 1076 HIGHLAND COLONY PARKWAY
- **STREET 2:** SUITE 291
- **CITY:** RIDGELAND
- **STATE:** MS
- **ZIP:** 39157

### 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:** MAGNOLIA CAPITAL ADVISORS LLC<br>**Address:** 1076 HIGHLAND COLONY PARKWAY<br>SUITE 291<br>RIDGELAND, MS 39157

**Form 13F File Number:** 028-20214

**CRD Number (if applicable):** 000298398

**SEC File Number (if applicable):** 801-114023

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:** Kendra Means<br>**Title:** Consultant<br>**Phone:** 859-977-9424

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

Kendra Means  Covington, KY  02-13-2026<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:** 268

**Form 13F Information Table Value Total:** $475662331

      (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 |
| AFLAC INC | COM | 001055102 |  | 272808 | 2474 | SH |  | SOLE | 0 | 0 | 0 | 2474 |
| ABBOTT LABS | COM | 002824100 |  | 391959 | 3128 | SH |  | SOLE | 0 | 0 | 0 | 3128 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 1492481 | 6969 | SH |  | SOLE | 0 | 0 | 0 | 6969 |
| AIR PRODS  CHEMS INC | COM | 009158106 |  | 1322694 | 5355 | SH |  | SOLE | 0 | 0 | 0 | 5355 |
| ALLSTATE CORP | COM | 020002101 |  | 1381423 | 6637 | SH |  | SOLE | 0 | 0 | 0 | 6637 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 2482856 | 7912 | SH |  | SOLE | 0 | 0 | 0 | 7912 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 228656 | 618 | SH |  | SOLE | 0 | 0 | 0 | 618 |
| AMPHENOL CORP NEW | CL A | 032095101 |  | 956421 | 7077 | SH |  | SOLE | 0 | 0 | 0 | 7077 |
| ANALOG DEVICES INC | COM | 032654105 |  | 1821830 | 6718 | SH |  | SOLE | 0 | 0 | 0 | 6718 |
| ARISTA NETWORKS INC | COM SHS | 040413205 |  | 624489 | 4766 | SH |  | SOLE | 0 | 0 | 0 | 4766 |
| AUTOZONE INC | COM | 053332102 |  | 223839 | 66 | SH |  | SOLE | 0 | 0 | 0 | 66 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 4331838 | 8618 | SH |  | SOLE | 0 | 0 | 0 | 8618 |
| BOEING CO | COM | 097023105 |  | 435542 | 2006 | SH |  | SOLE | 0 | 0 | 0 | 2006 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 291558 | 5405 | SH |  | SOLE | 0 | 0 | 0 | 5405 |
| CME GROUP INC | COM | 12572Q105 |  | 1878974 | 6881 | SH |  | SOLE | 0 | 0 | 0 | 6881 |
| CADENCE DESIGN SYSTEM INC | COM | 127387108 |  | 492626 | 1576 | SH |  | SOLE | 0 | 0 | 0 | 1576 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 279297 | 1152 | SH |  | SOLE | 0 | 0 | 0 | 1152 |
| CATERPILLAR INC | COM | 149123101 |  | 793250 | 1385 | SH |  | SOLE | 0 | 0 | 0 | 1385 |
| CHEVRON CORP NEW | COM | 166764100 |  | 967686 | 6349 | SH |  | SOLE | 0 | 0 | 0 | 6349 |
| CISCO SYS INC | COM | 17275R102 |  | 388970 | 5050 | SH |  | SOLE | 0 | 0 | 0 | 5050 |
| CITIGROUP INC | COM NEW | 172967424 |  | 316650 | 2714 | SH |  | SOLE | 0 | 0 | 0 | 2714 |
| COCA COLA CO | COM | 191216100 |  | 588392 | 8416 | SH |  | SOLE | 0 | 0 | 0 | 8416 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 492670 | 5263 | SH |  | SOLE | 0 | 0 | 0 | 5263 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 565733 | 656 | SH |  | SOLE | 0 | 0 | 0 | 656 |
| CUMMINS INC | COM | 231021106 |  | 1837896 | 3600 | SH |  | SOLE | 0 | 0 | 0 | 3600 |
| DANAHER CORPORATION | COM | 235851102 |  | 909279 | 3972 | SH |  | SOLE | 0 | 0 | 0 | 3972 |
| DARDEN RESTAURANTS INC | COM | 237194105 |  | 1394991 | 7581 | SH |  | SOLE | 0 | 0 | 0 | 7581 |
| DEERE  CO | COM | 244199105 |  | 416220 | 894 | SH |  | SOLE | 0 | 0 | 0 | 894 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 652775 | 9406 | SH |  | SOLE | 0 | 0 | 0 | 9406 |
| DIAMONDBACK ENERGY INC | COM | 25278X109 |  | 911622 | 6064 | SH |  | SOLE | 0 | 0 | 0 | 6064 |
| DISNEY WALT CO | COM | 254687106 |  | 534388 | 4697 | SH |  | SOLE | 0 | 0 | 0 | 4697 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 367760 | 3138 | SH |  | SOLE | 0 | 0 | 0 | 3138 |
| ENBRIDGE INC | COM | 29250N105 |  | 272166 | 5690 | SH |  | SOLE | 0 | 0 | 0 | 5690 |
| META PLATFORMS INC | CL A | 30303M102 |  | 3572243 | 5411 | SH |  | SOLE | 0 | 0 | 0 | 5411 |
| FIDELITY COVINGTON TRUST | ENHANCED SMALL | 31609A206 |  | 280025 | 7412 | SH |  | SOLE | 0 | 0 | 0 | 7412 |
| FIRST TR EXCHANGE-TRADED ALP | COM SHS | 33734K109 |  | 223830 | 1887 | SH |  | SOLE | 0 | 0 | 0 | 1887 |
| FIRST TR EXCHANGE-TRADED FD | NO AMER ENERGY | 33738D101 |  | 336968 | 8898 | SH |  | SOLE | 0 | 0 | 0 | 8898 |
| FIRST TR EXCHANGE TRADED FD | RISNG DIVD ACHIV | 33738R506 |  | 235781 | 3394 | SH |  | SOLE | 0 | 0 | 0 | 3394 |
| FISERV INC | COM | 337738108 |  | 366211 | 5452 | SH |  | SOLE | 0 | 0 | 0 | 5452 |
| GE VERNOVA INC | COM | 36828A101 |  | 1189175 | 1819 | SH |  | SOLE | 0 | 0 | 0 | 1819 |
| GE AEROSPACE | COM NEW | 369604301 |  | 441679 | 1434 | SH |  | SOLE | 0 | 0 | 0 | 1434 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 403324 | 3286 | SH |  | SOLE | 0 | 0 | 0 | 3286 |
| GLOBAL X FDS | GLOBAL X COPPER | 37954Y830 |  | 640084 | 8916 | SH |  | SOLE | 0 | 0 | 0 | 8916 |
| GLOBAL X FDS | GLOBAL X SILVER | 37954Y848 |  | 551696 | 6606 | SH |  | SOLE | 0 | 0 | 0 | 6606 |
| GLOBAL X FDS | GLOBAL X URANIUM | 37954Y871 |  | 334592 | 7830 | SH |  | SOLE | 0 | 0 | 0 | 7830 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 557201 | 634 | SH |  | SOLE | 0 | 0 | 0 | 634 |
| GRAYSCALE BITCOIN TRUST ETF | SHS REP COM UT | 389637109 |  | 566294 | 8284 | SH |  | SOLE | 0 | 0 | 0 | 8284 |
| HARTFORD INSURANCE GROUP INC | COM | 416515104 |  | 228059 | 1655 | SH |  | SOLE | 0 | 0 | 0 | 1655 |
| HOME DEPOT INC | COM | 437076102 |  | 3368667 | 9790 | SH |  | SOLE | 0 | 0 | 0 | 9790 |
| HONEYWELL INTL INC | COM | 438516106 |  | 333214 | 1708 | SH |  | SOLE | 0 | 0 | 0 | 1708 |
| ITT INC | COM | 45073V108 |  | 281086 | 1620 | SH |  | SOLE | 0 | 0 | 0 | 1620 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 292147 | 1804 | SH |  | SOLE | 0 | 0 | 0 | 1804 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 860490 | 2905 | SH |  | SOLE | 0 | 0 | 0 | 2905 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 818260 | 1332 | SH |  | SOLE | 0 | 0 | 0 | 1332 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 1275812 | 6660 | SH |  | SOLE | 0 | 0 | 0 | 6660 |
| INVESCO EXCH TRADED FD TR II | S 500 MOMNTM | 46138E339 |  | 403658 | 3383 | SH |  | SOLE | 0 | 0 | 0 | 3383 |
| INVESCO EXCH TRADED FD TR II | NASDAQ 100 ETF | 46138G649 |  | 1371079 | 5421 | SH |  | SOLE | 0 | 0 | 0 | 5421 |
| IQVIA HLDGS INC | COM | 46266C105 |  | 951906 | 4223 | SH |  | SOLE | 0 | 0 | 0 | 4223 |
| ISHARES INC | MSCI GBL MIN VOL | 464286525 |  | 501125 | 4220 | SH |  | SOLE | 0 | 0 | 0 | 4220 |
| ISHARES INC | MSCI EMERG MRKT | 464286533 |  | 607415 | 9485 | SH |  | SOLE | 0 | 0 | 0 | 9485 |
| ISHARES TR | CORE S ETF | 464287200 |  | 3018530 | 4407 | SH |  | SOLE | 0 | 0 | 0 | 4407 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 417250 | 4345 | SH |  | SOLE | 0 | 0 | 0 | 4345 |
| ISHARES TR | ISHARES BIOTECH | 464287556 |  | 605547 | 3588 | SH |  | SOLE | 0 | 0 | 0 | 3588 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 |  | 844936 | 4017 | SH |  | SOLE | 0 | 0 | 0 | 4017 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 949913 | 2007 | SH |  | SOLE | 0 | 0 | 0 | 2007 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 1111413 | 4515 | SH |  | SOLE | 0 | 0 | 0 | 4515 |
| ISHARES TR | CORE S US GWT | 464287671 |  | 1281248 | 7629 | SH |  | SOLE | 0 | 0 | 0 | 7629 |
| ISHARES TR | MBS ETF | 464288588 |  | 365885 | 3843 | SH |  | SOLE | 0 | 0 | 0 | 3843 |
| ISHARES TR | ISHS 1-5YR INVS | 464288646 |  | 261863 | 4952 | SH |  | SOLE | 0 | 0 | 0 | 4952 |
| ISHARES TR | US REGNL BKS ETF | 464288778 |  | 205971 | 3735 | SH |  | SOLE | 0 | 0 | 0 | 3735 |
| ISHARES TR | CORE 80/20 AGGRE | 464289859 |  | 516713 | 5769 | SH |  | SOLE | 0 | 0 | 0 | 5769 |
| ISHARES SILVER TR | ISHARES | 46428Q109 |  | 439344 | 6820 | SH |  | SOLE | 0 | 0 | 0 | 6820 |
| ISHARES TR | CORE HIGH DV ETF | 46429B663 |  | 341057 | 2804 | SH |  | SOLE | 0 | 0 | 0 | 2804 |
| ISHARES TR | MSCI USA MMENTM | 46432F396 |  | 1236031 | 4938 | SH |  | SOLE | 0 | 0 | 0 | 4938 |
| ISHARES TR | 0-5YR HI YL CP | 46434V407 |  | 250059 | 5833 | SH |  | SOLE | 0 | 0 | 0 | 5833 |
| ISHARES TR | CORE MSCI INTL | 46435G326 |  | 476910 | 5782 | SH |  | SOLE | 0 | 0 | 0 | 5782 |
| ISHARES BITCOIN TRUST ETF | SHS BEN INT | 46438F101 |  | 434934 | 8760 | SH |  | SOLE | 0 | 0 | 0 | 8760 |
| J P MORGAN EXCHANGE TRADED F | CORE PLUS BD ETF | 46641Q670 |  | 463083 | 9780 | SH |  | SOLE | 0 | 0 | 0 | 9780 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 225968 | 8220 | SH |  | SOLE | 0 | 0 | 0 | 8220 |
| ELI LILLY  CO | COM | 532457108 |  | 3033977 | 2823 | SH |  | SOLE | 0 | 0 | 0 | 2823 |
| LOWES COS INC | COM | 548661107 |  | 399174 | 1655 | SH |  | SOLE | 0 | 0 | 0 | 1655 |
| MPLX LP | COM UNIT REP LTD | 55336V100 |  | 352926 | 6613 | SH |  | SOLE | 0 | 0 | 0 | 6613 |
| MARATHON PETE CORP | COM | 56585A102 |  | 1620769 | 9966 | SH |  | SOLE | 0 | 0 | 0 | 9966 |
| MCDONALDS CORP | COM | 580135101 |  | 210884 | 690 | SH |  | SOLE | 0 | 0 | 0 | 690 |
| MCKESSON CORP | COM | 58155Q103 |  | 352725 | 430 | SH |  | SOLE | 0 | 0 | 0 | 430 |
| MERCK  CO INC | COM | 58933Y105 |  | 477939 | 4541 | SH |  | SOLE | 0 | 0 | 0 | 4541 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 539139 | 1889 | SH |  | SOLE | 0 | 0 | 0 | 1889 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 |  | 1763152 | 4600 | SH |  | SOLE | 0 | 0 | 0 | 4600 |
| NETFLIX INC | COM | 64110L106 |  | 737422 | 7865 | SH |  | SOLE | 0 | 0 | 0 | 7865 |
| NEUBERGER BERMAN ETF TRUST | SHORT DURATION I | 64135A887 |  | 204736 | 4000 | SH |  | SOLE | 0 | 0 | 0 | 4000 |
| NUCOR CORP | COM | 670346105 |  | 311866 | 1912 | SH |  | SOLE | 0 | 0 | 0 | 1912 |
| ONEMAIN HLDGS INC | COM | 68268W103 |  | 213125 | 3155 | SH |  | SOLE | 0 | 0 | 0 | 3155 |
| ORACLE CORP | COM | 68389X105 |  | 1044955 | 5361 | SH |  | SOLE | 0 | 0 | 0 | 5361 |
| PACER FDS TR | US CASH COWS 100 | 69374H881 |  | 563014 | 9357 | SH |  | SOLE | 0 | 0 | 0 | 9357 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 1204300 | 6538 | SH |  | SOLE | 0 | 0 | 0 | 6538 |
| PARKER-HANNIFIN CORP | COM | 701094104 |  | 434279 | 494 | SH |  | SOLE | 0 | 0 | 0 | 494 |
| PEPSICO INC | COM | 713448108 |  | 1034158 | 7206 | SH |  | SOLE | 0 | 0 | 0 | 7206 |
| PIMCO ETF TR | ENHAN SHRT MA AC | 72201R833 |  | 926412 | 9233 | SH |  | SOLE | 0 | 0 | 0 | 9233 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 386997 | 2700 | SH |  | SOLE | 0 | 0 | 0 | 2700 |
| PROGRESSIVE CORP | COM | 743315103 |  | 417866 | 1835 | SH |  | SOLE | 0 | 0 | 0 | 1835 |
| RTX CORPORATION | COM | 75513E101 |  | 353049 | 1925 | SH |  | SOLE | 0 | 0 | 0 | 1925 |
| ROBINHOOD MKTS INC | COM CL A | 770700102 |  | 206182 | 1823 | SH |  | SOLE | 0 | 0 | 0 | 1823 |
| S GLOBAL INC | COM | 78409V104 |  | 993949 | 1902 | SH |  | SOLE | 0 | 0 | 0 | 1902 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 860550 | 1262 | SH |  | SOLE | 0 | 0 | 0 | 1262 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 269490 | 680 | SH |  | SOLE | 0 | 0 | 0 | 680 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A854 |  | 344310 | 4292 | SH |  | SOLE | 0 | 0 | 0 | 4292 |
| SALESFORCE INC | COM | 79466L302 |  | 968834 | 3657 | SH |  | SOLE | 0 | 0 | 0 | 3657 |
| SELECT SECTOR SPDR TR | STATE STREET HEA | 81369Y209 |  | 425081 | 2746 | SH |  | SOLE | 0 | 0 | 0 | 2746 |
| SELECT SECTOR SPDR TR | STATE STREET TEC | 81369Y803 |  | 679971 | 4723 | SH |  | SOLE | 0 | 0 | 0 | 4723 |
| SHOPIFY INC | CL A SUB VTG SHS | 82509L107 |  | 457154 | 2840 | SH |  | SOLE | 0 | 0 | 0 | 2840 |
| SIMON PPTY GROUP INC NEW | COM | 828806109 |  | 523536 | 2828 | SH |  | SOLE | 0 | 0 | 0 | 2828 |
| SYNOPSYS INC | COM | 871607107 |  | 466902 | 994 | SH |  | SOLE | 0 | 0 | 0 | 994 |
| T ROWE PRICE ETF INC | INTERMEDIATE MUN | 87283Q818 |  | 204400 | 4000 | SH |  | SOLE | 0 | 0 | 0 | 4000 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 962268 | 3167 | SH |  | SOLE | 0 | 0 | 0 | 3167 |
| TENET HEALTHCARE CORP | COM NEW | 88033G407 |  | 202894 | 1021 | SH |  | SOLE | 0 | 0 | 0 | 1021 |
| TESLA INC | COM | 88160R101 |  | 2044877 | 4547 | SH |  | SOLE | 0 | 0 | 0 | 4547 |
| TEXAS PACIFIC LAND CORPORATI | COM | 88262P102 |  | 380036 | 1323 | SH |  | SOLE | 0 | 0 | 0 | 1323 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 276997 | 3390 | SH |  | SOLE | 0 | 0 | 0 | 3390 |
| UNION PAC CORP | COM | 907818108 |  | 1752443 | 7576 | SH |  | SOLE | 0 | 0 | 0 | 7576 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 2118525 | 6418 | SH |  | SOLE | 0 | 0 | 0 | 6418 |
| VANECK ETF TRUST | SEMICONDUCTR ETF | 92189F676 |  | 499884 | 1388 | SH |  | SOLE | 0 | 0 | 0 | 1388 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 869753 | 3957 | SH |  | SOLE | 0 | 0 | 0 | 3957 |
| VANGUARD ADMIRAL FDS INC | 500 VAL IDX FD | 921932703 |  | 1067064 | 5209 | SH |  | SOLE | 0 | 0 | 0 | 5209 |
| VANGUARD INTL EQUITY INDEX F | TT WRLD ST ETF | 922042742 |  | 482284 | 3419 | SH |  | SOLE | 0 | 0 | 0 | 3419 |
| VANGUARD WORLD FD | INF TECH ETF | 92204A702 |  | 596253 | 791 | SH |  | SOLE | 0 | 0 | 0 | 791 |
| VANGUARD SCOTTSDALE FDS | VNG RUS1000GRW | 92206C680 |  | 363180 | 2983 | SH |  | SOLE | 0 | 0 | 0 | 2983 |
| VANGUARD SCOTTSDALE FDS | INT-TERM CORP | 92206C870 |  | 439322 | 5246 | SH |  | SOLE | 0 | 0 | 0 | 5246 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 5056100 | 8062 | SH |  | SOLE | 0 | 0 | 0 | 8062 |
| VANGUARD INDEX FDS | SM CP VAL ETF | 922908611 |  | 788530 | 3723 | SH |  | SOLE | 0 | 0 | 0 | 3723 |
| VIASAT INC | COM | 92552V100 |  | 231571 | 6720 | SH |  | SOLE | 0 | 0 | 0 | 6720 |
| VISA INC | COM CL A | 92826C839 |  | 1578302 | 4500 | SH |  | SOLE | 0 | 0 | 0 | 4500 |
| WEYERHAEUSER CO MTN BE | COM NEW | 962166104 |  | 206016 | 8696 | SH |  | SOLE | 0 | 0 | 0 | 8696 |
| WYNN RESORTS LTD | COM | 983134107 |  | 362201 | 3010 | SH |  | SOLE | 0 | 0 | 0 | 3010 |
| XYLEM INC | COM | 98419M100 |  | 212169 | 1558 | SH |  | SOLE | 0 | 0 | 0 | 1558 |
| YUM BRANDS INC | COM | 988498101 |  | 498014 | 3292 | SH |  | SOLE | 0 | 0 | 0 | 3292 |
| EATON CORP PLC | SHS | G29183103 |  | 1775003 | 5573 | SH |  | SOLE | 0 | 0 | 0 | 5573 |
| STERIS PLC | SHS USD | G8473T100 |  | 885249 | 3492 | SH |  | SOLE | 0 | 0 | 0 | 3492 |
| TRANE TECHNOLOGIES PLC | SHS | G8994E103 |  | 986832 | 2536 | SH |  | SOLE | 0 | 0 | 0 | 2536 |
| CHUBB LIMITED | COM | H1467J104 |  | 1757993 | 5632 | SH |  | SOLE | 0 | 0 | 0 | 5632 |
| GARMIN LTD | SHS | H2906T109 |  | 338699 | 1670 | SH |  | SOLE | 0 | 0 | 0 | 1670 |
| NXP SEMICONDUCTORS N V | COM | N6596X109 |  | 868312 | 4000 | SH |  | SOLE | 0 | 0 | 0 | 4000 |
| ACHIEVE LIFE SCIENCES INC | COM | 004468500 |  | 63865 | 12850 | SH |  | SOLE | 0 | 0 | 0 | 12850 |
| THE ARENA GROUP HOLDINGS INC | COM | 040044109 |  | 88000 | 22000 | SH |  | SOLE | 0 | 0 | 0 | 22000 |
| BLACK STONE MINERALS L P | COM UNIT | 09225M101 |  | 132900 | 10000 | SH |  | SOLE | 0 | 0 | 0 | 10000 |
| GOODYEAR TIRE  RUBR CO | COM | 382550101 |  | 89352 | 10200 | SH |  | SOLE | 0 | 0 | 0 | 10200 |
| NUVEEN AMT FREE MUN CR INC F | COM | 67071L106 |  | 193829 | 15310 | SH |  | SOLE | 0 | 0 | 0 | 15310 |
| PRAIRIE OPER CO | COM | 739650109 |  | 105549 | 62455 | SH |  | SOLE | 0 | 0 | 0 | 62455 |
| PRECIGEN INC | COM | 74017N105 |  | 152700 | 36531 | SH |  | SOLE | 0 | 0 | 0 | 36531 |
| QUANTUMSCAPE CORP | COM CL A | 74767V109 |  | 105086 | 10085 | SH |  | SOLE | 0 | 0 | 0 | 10085 |
| AB ACTIVE ETFS INC | SHORT DURATION H | 00039J830 |  | 1653373 | 46017 | SH |  | SOLE | 0 | 0 | 0 | 46017 |
| AT INC | COM | 00206R102 |  | 635907 | 25600 | SH |  | SOLE | 0 | 0 | 0 | 25600 |
| ABBVIE INC | COM | 00287Y109 |  | 2331232 | 10203 | SH |  | SOLE | 0 | 0 | 0 | 10203 |
| EA SERIES TRUST | ALPHA ARCH 1-3 | 02072L565 |  | 1328599 | 11543 | SH |  | SOLE | 0 | 0 | 0 | 11543 |
| EA SERIES TRUST | BRIDGEWAY BLUE | 02072L714 |  | 967057 | 63372 | SH |  | SOLE | 0 | 0 | 0 | 63372 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 6094867 | 19472 | SH |  | SOLE | 0 | 0 | 0 | 19472 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 819973 | 14221 | SH |  | SOLE | 0 | 0 | 0 | 14221 |
| AMAZON COM INC | COM | 023135106 |  | 6401561 | 27734 | SH |  | SOLE | 0 | 0 | 0 | 27734 |
| AMERICA MOVIL SAB DE CV | SPON ADS RP CL B | 02390A101 |  | 268007 | 12966 | SH |  | SOLE | 0 | 0 | 0 | 12966 |
| AMERICAN CENTY ETF TR | INTL EQT ETF | 025072703 |  | 6161451 | 74847 | SH |  | SOLE | 0 | 0 | 0 | 74847 |
| APPLE INC | COM | 037833100 |  | 14469888 | 53226 | SH |  | SOLE | 0 | 0 | 0 | 53226 |
| ARES CAPITAL CORP | COM | 04010L103 |  | 2368788 | 117093 | SH |  | SOLE | 0 | 0 | 0 | 117093 |
| BANK AMERICA CORP | COM | 060505104 |  | 798228 | 14513 | SH |  | SOLE | 0 | 0 | 0 | 14513 |
| BEST BUY INC | COM | 086516101 |  | 1083939 | 16195 | SH |  | SOLE | 0 | 0 | 0 | 16195 |
| BITWISE BITCOIN ETF TR | SHS BEN INT | 09174C104 |  | 5286912 | 111163 | SH |  | SOLE | 0 | 0 | 0 | 111163 |
| BITWISE ETHEREUM ETF | SHS | 091955104 |  | 709334 | 33349 | SH |  | SOLE | 0 | 0 | 0 | 33349 |
| BLACKSTONE SECD LENDING FD | COMMON STOCK | 09261X102 |  | 4321580 | 164131 | SH |  | SOLE | 0 | 0 | 0 | 164131 |
| BROADCOM INC | COM | 11135F101 |  | 4482100 | 12950 | SH |  | SOLE | 0 | 0 | 0 | 12950 |
| CAPITAL GROUP DIVIDEND VALUE | SHS CREATION UNI | 14020W106 |  | 1084577 | 24853 | SH |  | SOLE | 0 | 0 | 0 | 24853 |
| CAPITAL GROUP CORE BALANCED | SHS | 14021D107 |  | 393223 | 11130 | SH |  | SOLE | 0 | 0 | 0 | 11130 |
| CHIPOTLE MEXICAN GRILL INC | COM | 169656105 |  | 715210 | 19330 | SH |  | SOLE | 0 | 0 | 0 | 19330 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 1310262 | 43836 | SH |  | SOLE | 0 | 0 | 0 | 43836 |
| DBX ETF TR | XTRACK MSCI EAFE | 233051200 |  | 814420 | 16928 | SH |  | SOLE | 0 | 0 | 0 | 16928 |
| DEXCOM INC | COM | 252131107 |  | 680691 | 10256 | SH |  | SOLE | 0 | 0 | 0 | 10256 |
| DIAMEDICA THERAPEUTICS INC | COM NEW | 25253X207 |  | 616144 | 77405 | SH |  | SOLE | 0 | 0 | 0 | 77405 |
| DIMENSIONAL ETF TRUST | US CORE EQT MKT | 25434V104 |  | 7340142 | 156841 | SH |  | SOLE | 0 | 0 | 0 | 156841 |
| DIMENSIONAL ETF TRUST | US TARGETED VLU | 25434V609 |  | 598277 | 10048 | SH |  | SOLE | 0 | 0 | 0 | 10048 |
| DIMENSIONAL ETF TRUST | US CORE EQUITY 2 | 25434V708 |  | 1059989 | 26774 | SH |  | SOLE | 0 | 0 | 0 | 26774 |
| DIMENSIONAL ETF TRUST | INTL CORE EQUITY | 25434V799 |  | 587463 | 17048 | SH |  | SOLE | 0 | 0 | 0 | 17048 |
| DIMENSIONAL ETF TRUST | WORLD EX US CORE | 25434V880 |  | 4783146 | 146139 | SH |  | SOLE | 0 | 0 | 0 | 146139 |
| EASTGROUP PPTYS INC | COM | 277276101 |  | 3035657 | 17041 | SH |  | SOLE | 0 | 0 | 0 | 17041 |
| EDWARDS LIFESCIENCES CORP | COM | 28176E108 |  | 923343 | 10831 | SH |  | SOLE | 0 | 0 | 0 | 10831 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 834344 | 50597 | SH |  | SOLE | 0 | 0 | 0 | 50597 |
| ENTERGY CORP NEW | COM | 29364G103 |  | 1653341 | 17887 | SH |  | SOLE | 0 | 0 | 0 | 17887 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 436337 | 13610 | SH |  | SOLE | 0 | 0 | 0 | 13610 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 1686471 | 14014 | SH |  | SOLE | 0 | 0 | 0 | 14014 |
| FS KKR CAP CORP | COM | 302635206 |  | 330803 | 22336 | SH |  | SOLE | 0 | 0 | 0 | 22336 |
| FIDELITY MERRIMACK STR TR | TOTAL BD ETF | 316188309 |  | 6837686 | 148516 | SH |  | SOLE | 0 | 0 | 0 | 148516 |
| FIDELITY NATL INFORMATION SV | COM | 31620M106 |  | 1240646 | 18668 | SH |  | SOLE | 0 | 0 | 0 | 18668 |
| FIRST TR EXCHANGE-TRADED FD | CAP STRENGTH ETF | 33733E104 |  | 1012910 | 10949 | SH |  | SOLE | 0 | 0 | 0 | 10949 |
| FIRST TR EXCHANGE-TRADED FD | GROWTH STRENGTH | 33733E823 |  | 537085 | 15193 | SH |  | SOLE | 0 | 0 | 0 | 15193 |
| FIRST TR EXCHNG TRADED FD VI | FT VEST LADDERED | 33740F755 |  | 1870083 | 54585 | SH |  | SOLE | 0 | 0 | 0 | 54585 |
| FIRST TR EXCHANGE-TRADED FD | SMID RISNG ETF | 33741X102 |  | 653739 | 17060 | SH |  | SOLE | 0 | 0 | 0 | 17060 |
| GOLUB CAP BDC INC | COM | 38173M102 |  | 367584 | 27088 | SH |  | SOLE | 0 | 0 | 0 | 27088 |
| HARRIS OAKMARK ETF TRUST | OAKMARK U S LRG | 41456U106 |  | 818839 | 28873 | SH |  | SOLE | 0 | 0 | 0 | 28873 |
| CRESCENT ENERGY COMPANY | CL A COM | 44952J104 |  | 301579 | 35945 | SH |  | SOLE | 0 | 0 | 0 | 35945 |
| INVESCO EXCHANGE TRADED FD T | S 500 TOP 50 | 46137V233 |  | 1845624 | 31134 | SH |  | SOLE | 0 | 0 | 0 | 31134 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 |  | 957400 | 11795 | SH |  | SOLE | 0 | 0 | 0 | 11795 |
| ISHARES TR | CORE S TTL STK | 464287150 |  | 13159985 | 88506 | SH |  | SOLE | 0 | 0 | 0 | 88506 |
| ISHARES TR | CHINA LG-CAP ETF | 464287184 |  | 564471 | 14742 | SH |  | SOLE | 0 | 0 | 0 | 14742 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 1879242 | 18815 | SH |  | SOLE | 0 | 0 | 0 | 18815 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 1221640 | 18510 | SH |  | SOLE | 0 | 0 | 0 | 18510 |
| ISHARES TR | CORE S US VLU | 464287663 |  | 2375837 | 23170 | SH |  | SOLE | 0 | 0 | 0 | 23170 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 5610733 | 46686 | SH |  | SOLE | 0 | 0 | 0 | 46686 |
| ISHARES TR | PFD AND INCM SEC | 464288687 |  | 403417 | 13030 | SH |  | SOLE | 0 | 0 | 0 | 13030 |
| ISHARES TR | US TREAS BD ETF | 46429B267 |  | 426860 | 18539 | SH |  | SOLE | 0 | 0 | 0 | 18539 |
| ISHARES TR | MSCI EAFE MIN VL | 46429B689 |  | 1492118 | 17300 | SH |  | SOLE | 0 | 0 | 0 | 17300 |
| ISHARES TR | MSCI USA MIN VOL | 46429B697 |  | 2156384 | 22901 | SH |  | SOLE | 0 | 0 | 0 | 22901 |
| ISHARES TR | MSCI USA QLT FCT | 46432F339 |  | 10372929 | 52225 | SH |  | SOLE | 0 | 0 | 0 | 52225 |
| ISHARES TR | MSCI USA VALUE | 46432F388 |  | 4280504 | 31306 | SH |  | SOLE | 0 | 0 | 0 | 31306 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 |  | 1799403 | 20114 | SH |  | SOLE | 0 | 0 | 0 | 20114 |
| ISHARES TR | CORE 1 5 YR USD | 46432F859 |  | 531941 | 10912 | SH |  | SOLE | 0 | 0 | 0 | 10912 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 |  | 2463026 | 36641 | SH |  | SOLE | 0 | 0 | 0 | 36641 |
| ISHARES TR | INTL EQTY FACTOR | 46434V274 |  | 2235291 | 59213 | SH |  | SOLE | 0 | 0 | 0 | 59213 |
| ISHARES TR | U S EQUITY FACTR | 46434V282 |  | 2624662 | 37803 | SH |  | SOLE | 0 | 0 | 0 | 37803 |
| ISHARES TR | TRS FLT RT BD | 46434V860 |  | 7938389 | 157320 | SH |  | SOLE | 0 | 0 | 0 | 157320 |
| ISHARES TR | NASDAQ TOP 30 | 46438G562 |  | 375146 | 11738 | SH |  | SOLE | 0 | 0 | 0 | 11738 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 5412636 | 16798 | SH |  | SOLE | 0 | 0 | 0 | 16798 |
| J P MORGAN EXCHANGE TRADED F | US MOMENTUM | 46641Q779 |  | 9062655 | 132981 | SH |  | SOLE | 0 | 0 | 0 | 132981 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 2639740 | 12755 | SH |  | SOLE | 0 | 0 | 0 | 12755 |
| MICROSOFT CORP | COM | 594918104 |  | 8743604 | 18082 | SH |  | SOLE | 0 | 0 | 0 | 18082 |
| MONROE CAP CORP | COM | 610335101 |  | 413191 | 64865 | SH |  | SOLE | 0 | 0 | 0 | 64865 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 1924681 | 23974 | SH |  | SOLE | 0 | 0 | 0 | 23974 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 5961851 | 31967 | SH |  | SOLE | 0 | 0 | 0 | 31967 |
| NUVEEN MUN VALUE FD INC | COM | 670928100 |  | 349716 | 38600 | SH |  | SOLE | 0 | 0 | 0 | 38600 |
| BLUE OWL CAPITAL CORPORATION | COM | 69121K104 |  | 1925661 | 154921 | SH |  | SOLE | 0 | 0 | 0 | 154921 |
| PACER FDS TR | TRENDP US LAR CP | 69374H105 |  | 4352081 | 78303 | SH |  | SOLE | 0 | 0 | 0 | 78303 |
| PACER FDS TR | TRENDPILOT US BD | 69374H642 |  | 3881649 | 200085 | SH |  | SOLE | 0 | 0 | 0 | 200085 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 2815916 | 15842 | SH |  | SOLE | 0 | 0 | 0 | 15842 |
| PFIZER INC | COM | 717081103 |  | 316531 | 12712 | SH |  | SOLE | 0 | 0 | 0 | 12712 |
| PIMCO ETF TR | MULTISECTOR BD | 72201R585 |  | 562121 | 21069 | SH |  | SOLE | 0 | 0 | 0 | 21069 |
| PIMCO ETF TR | PREFERRED AND CP | 72201R619 |  | 930168 | 18058 | SH |  | SOLE | 0 | 0 | 0 | 18058 |
| RANGER ENERGY SVCS INC | COM CL A | 75282U104 |  | 255457 | 18273 | SH |  | SOLE | 0 | 0 | 0 | 18273 |
| REALTY INCOME CORP | COM | 756109104 |  | 1385508 | 24579 | SH |  | SOLE | 0 | 0 | 0 | 24579 |
| REGIONS FINANCIAL CORP NEW | COM | 7591EP100 |  | 1008919 | 37229 | SH |  | SOLE | 0 | 0 | 0 | 37229 |
| RENASANT CORP | COM | 75970E107 |  | 946323 | 26869 | SH |  | SOLE | 0 | 0 | 0 | 26869 |
| SPDR INDEX SHS FDS | PORTFOLIO EMG MK | 78463X509 |  | 1250973 | 26724 | SH |  | SOLE | 0 | 0 | 0 | 26724 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A409 |  | 2168366 | 20322 | SH |  | SOLE | 0 | 0 | 0 | 20322 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A649 |  | 3307202 | 128435 | SH |  | SOLE | 0 | 0 | 0 | 128435 |
| SCHWAB STRATEGIC TR | US BRD MKT ETF | 808524102 |  | 466396 | 17781 | SH |  | SOLE | 0 | 0 | 0 | 17781 |
| SCHWAB STRATEGIC TR | INTERNL DIVID | 808524672 |  | 5674098 | 190278 | SH |  | SOLE | 0 | 0 | 0 | 190278 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 |  | 1455312 | 53056 | SH |  | SOLE | 0 | 0 | 0 | 53056 |
| SCHWAB STRATEGIC TR | US AGGREGATE B | 808524839 |  | 2421833 | 103630 | SH |  | SOLE | 0 | 0 | 0 | 103630 |
| SCHWAB STRATEGIC TR | US TIPS ETF | 808524870 |  | 1069837 | 40386 | SH |  | SOLE | 0 | 0 | 0 | 40386 |
| SELECT SECTOR SPDR TR | STATE STREET ENE | 81369Y506 |  | 644910 | 14424 | SH |  | SOLE | 0 | 0 | 0 | 14424 |
| SOUTHERN CO | COM | 842587107 |  | 923446 | 10590 | SH |  | SOLE | 0 | 0 | 0 | 10590 |
| TJX COS INC NEW | COM | 872540109 |  | 1540604 | 10029 | SH |  | SOLE | 0 | 0 | 0 | 10029 |
| TIDAL TRUST II | PINNACLE FOCUSED | 88634T519 |  | 6170897 | 196650 | SH |  | SOLE | 0 | 0 | 0 | 196650 |
| TRUSTMARK CORP | COM | 898402102 |  | 1916522 | 49205 | SH |  | SOLE | 0 | 0 | 0 | 49205 |
| VANECK ETF TRUST | GOLD MINERS ETF | 92189F106 |  | 992610 | 11573 | SH |  | SOLE | 0 | 0 | 0 | 11573 |
| VANECK ETF TRUST | LONG/FLAT TREND | 92189F148 |  | 1547298 | 28563 | SH |  | SOLE | 0 | 0 | 0 | 28563 |
| VANECK ETF TRUST | BDC INCOME ETF | 92189F411 |  | 2054835 | 144911 | SH |  | SOLE | 0 | 0 | 0 | 144911 |
| VANECK ETF TRUST | MRNGSTR WDE MOAT | 92189F643 |  | 8748827 | 84481 | SH |  | SOLE | 0 | 0 | 0 | 84481 |
| VANGUARD STAR FDS | VG TL INTL STK F | 921909768 |  | 4873433 | 64600 | SH |  | SOLE | 0 | 0 | 0 | 64600 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 |  | 4408093 | 59513 | SH |  | SOLE | 0 | 0 | 0 | 59513 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 4822632 | 77199 | SH |  | SOLE | 0 | 0 | 0 | 77199 |
| VANGUARD WHITEHALL FDS | INTL DVD ETF | 921946810 |  | 3188735 | 34869 | SH |  | SOLE | 0 | 0 | 0 | 34869 |
| VANGUARD INDEX FDS | LARGE CAP ETF | 922908637 |  | 5754762 | 18281 | SH |  | SOLE | 0 | 0 | 0 | 18281 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 15344058 | 31451 | SH |  | SOLE | 0 | 0 | 0 | 31451 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 9654324 | 50549 | SH |  | SOLE | 0 | 0 | 0 | 50549 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 9147016 | 35461 | SH |  | SOLE | 0 | 0 | 0 | 35461 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 20005196 | 59669 | SH |  | SOLE | 0 | 0 | 0 | 59669 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 1811289 | 44471 | SH |  | SOLE | 0 | 0 | 0 | 44471 |
| VICTORY PORTFOLIOS II | SHARES FREE CASH | 92647X830 |  | 9323581 | 236759 | SH |  | SOLE | 0 | 0 | 0 | 236759 |
| VIKING THERAPEUTICS INC | COM | 92686J106 |  | 426276 | 12117 | SH |  | SOLE | 0 | 0 | 0 | 12117 |
| WALMART INC | COM | 931142103 |  | 3288535 | 29517 | SH |  | SOLE | 0 | 0 | 0 | 29517 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 1178618 | 12646 | SH |  | SOLE | 0 | 0 | 0 | 12646 |
| JOHNSON CTLS INTL PLC | SHS | G51502105 |  | 1870212 | 15618 | SH |  | SOLE | 0 | 0 | 0 | 15618 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 1627718 | 16945 | SH |  | SOLE | 0 | 0 | 0 | 16945 |

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