# EDGAR Filing Document

**Accession Number:** 0001586052
**File Stem:** 0002085853-26-000135
**Filing Date:** 2026-1
**Character Count:** 24534
**Document Hash:** 78e4489423c984453a64394531e628de
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002085853-26-000135.hdr.sgml**: 20260129

**ACCESSION NUMBER**: 0002085853-26-000135

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260129

**DATE AS OF CHANGE**: 20260129

**EFFECTIVENESS DATE**: 20260129

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Focused Wealth Management, Inc
- **CENTRAL INDEX KEY:** 0001586052

**ORGANIZATION NAME:**
- **EIN:** 272575734
- **STATE OF INCORPORATION:** NY
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-15621
- **FILM NUMBER:** 26574961

**BUSINESS ADDRESS:**
- **STREET 1:** 11 BALMVILLE RD
- **STREET 2:** SUITE 2 NORTH
- **CITY:** NEWBURGH
- **STATE:** NY
- **ZIP:** 12550
- **BUSINESS PHONE:** (845) 691-4035

**MAIL ADDRESS:**
- **STREET 1:** 11 BALMVILLE RD
- **STREET 2:** SUITE 2 NORTH
- **CITY:** NEWBURGH
- **STATE:** NY
- **ZIP:** 12550

### 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:** Focused Wealth Management Inc<br>**Address:** 11 Balmville Rd<br>Suite 2 North<br>Newburgh, NY 12550

**Form 13F File Number:** 028-15621

**CRD Number (if applicable):** 000154828

**SEC File Number (if applicable):** 801-71860

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:** Philip J. DeAngelo<br>**Title:** Managing Director<br>**Phone:** 845-691-4035

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

/s/ Philip J. DeAngelo  Newburgh, NY  01-29-2026<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:** 213

**Form 13F Information Table Value Total:** $957209508

      (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 |  | 1333157 | 8327 | SH |  | SOLE |  | 8327 | 0 | 0 |
| 3M CO | COM | 88579Y101 |  | 1088680 | 6800 | SH | Call | SOLE |  | 0 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 1957848 | 8569 | SH |  | SOLE |  | 8569 | 0 | 0 |
| ABIVAX SA | SPONSORED ADS | 00370M103 |  | 161826 | 1200 | SH |  | SOLE |  | 1200 | 0 | 0 |
| ABIVAX SA | SPONSORED ADS | 00370M103 |  | 47600 | 400 | SH | Call | SOLE |  | 0 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 298539 | 1394 | SH |  | SOLE |  | 1394 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 268535 | 1832 | SH |  | SOLE |  | 1832 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 1066920 | 3400 | SH | Call | SOLE |  | 0 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 13823852 | 44166 | SH |  | SOLE |  | 44166 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 2905535 | 9259 | SH |  | SOLE |  | 9259 | 0 | 0 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 1940088 | 33647 | SH |  | SOLE |  | 33647 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 1938888 | 8400 | SH | Call | SOLE |  | 0 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 9530683 | 41291 | SH |  | SOLE |  | 41291 | 0 | 0 |
| AMERICAN HEALTHCARE REIT INC | COM SHS | 398182303 |  | 1111623 | 23621 | SH |  | SOLE |  | 23621 | 0 | 0 |
| AMERICAN WTR WKS CO INC NEW | COM | 030420103 |  | 297994 | 2283 | SH |  | SOLE |  | 2283 | 0 | 0 |
| AON PLC | SHS CL A | G0403H108 |  | 437218 | 1239 | SH |  | SOLE |  | 1239 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 4730364 | 17400 | SH | Call | SOLE |  | 0 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 29079911 | 106967 | SH |  | SOLE |  | 106967 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 |  | 988210 | 3845 | SH |  | SOLE |  | 3845 | 0 | 0 |
| ARCHER AVIATION INC | COM CL A | 03945R102 |  | 315915 | 42010 | SH |  | SOLE |  | 42010 | 0 | 0 |
| ARCHER DANIELS MIDLAND CO | COM | 039483102 |  | 307458 | 5348 | SH |  | SOLE |  | 5348 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 2297604 | 92496 | SH |  | SOLE |  | 92496 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 5429278 | 98714 | SH |  | SOLE |  | 98714 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 5178927 | 10303 | SH |  | SOLE |  | 10303 | 0 | 0 |
| BIT ORIGIN LTD | ORD SHS CL A | G21621118 |  | 1961 | 11400 | SH |  | SOLE |  | 11400 | 0 | 0 |
| BLACKROCK CORPOR HI YLD FD I | COM | 09255P107 |  | 102687 | 11538 | SH |  | SOLE |  | 11538 | 0 | 0 |
| BLACKROCK MUNIHLDGS NY QLTY | COM | 09255C106 |  | 663824 | 64890 | SH |  | SOLE |  | 64890 | 0 | 0 |
| BLACKROCK N Y MUN INCOME TRU | SH BEN INT | 09248L106 |  | 1164921 | 114884 | SH |  | SOLE |  | 114884 | 0 | 0 |
| BLACKROCK TAX MUNICPAL BD TR | SHS | 09248X100 |  | 12671203 | 776422 | SH |  | SOLE |  | 776422 | 0 | 0 |
| BLACKSTONE INC | COM | 09260D107 |  | 7824499 | 50762 | SH |  | SOLE |  | 50762 | 0 | 0 |
| BLOOM ENERGY CORP | COM CL A | 093712107 |  | 173780 | 2000 | SH | Call | SOLE |  | 0 | 0 | 0 |
| BLOOM ENERGY CORP | COM CL A | 093712107 |  | 56479 | 650 | SH |  | SOLE |  | 650 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 218911 | 4058 | SH |  | SOLE |  | 4058 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 1946597 | 5624 | SH |  | SOLE |  | 5624 | 0 | 0 |
| C3 AI INC | CL A | 12468P104 |  | 135339 | 10040 | SH |  | SOLE |  | 10040 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 4755302 | 8301 | SH |  | SOLE |  | 8301 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 313486 | 2057 | SH |  | SOLE |  | 2057 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 803107 | 10426 | SH |  | SOLE |  | 10426 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 653464 | 5600 | SH | Call | SOLE |  | 0 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 5829479 | 49957 | SH |  | SOLE |  | 49957 | 0 | 0 |
| CLOUDFLARE INC | CL A COM | 18915M107 |  | 234214 | 1188 | SH |  | SOLE |  | 1188 | 0 | 0 |
| CONSOLIDATED EDISON INC | COM | 209115104 |  | 374092 | 3767 | SH |  | SOLE |  | 3767 | 0 | 0 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 |  | 2553488 | 7228 | SH |  | SOLE |  | 7228 | 0 | 0 |
| COREWEAVE INC | COM CL A | 21873S108 |  | 732355 | 10227 | SH |  | SOLE |  | 10227 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 230363 | 267 | SH |  | SOLE |  | 267 | 0 | 0 |
| CURIS INC | COM | 231269309 |  | 59074 | 59846 | SH |  | SOLE |  | 59846 | 0 | 0 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 245161 | 3533 | SH |  | SOLE |  | 3533 | 0 | 0 |
| DIMENSIONAL ETF TRUST | US EQUITY MARKET | 25434V401 |  | 373292 | 5033 | SH |  | SOLE |  | 5033 | 0 | 0 |
| DIREXION SHS ETF TR | DIREXION 2X SHAR | 25461A858 |  | 619664 | 17730 | SH |  | SOLE |  | 17730 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 1292858 | 11364 | SH |  | SOLE |  | 11364 | 0 | 0 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 450316 | 3842 | SH |  | SOLE |  | 3842 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 |  | 407056 | 1278 | SH |  | SOLE |  | 1278 | 0 | 0 |
| EATON VANCE TAX-MANAGED BUY- | COM | 27828Y108 |  | 176630 | 12300 | SH |  | SOLE |  | 12300 | 0 | 0 |
| EATON VANCE TAX-MANAGED DIVE | COM | 27828N102 |  | 165969 | 10819 | SH |  | SOLE |  | 10819 | 0 | 0 |
| EATON VANCE TAX-MANAGED GLOB | COM | 27829F108 |  | 5788274 | 607374 | SH |  | SOLE |  | 607374 | 0 | 0 |
| EDISON INTL | COM | 281020107 |  | 219587 | 3659 | SH |  | SOLE |  | 3659 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 794616 | 739 | SH |  | SOLE |  | 739 | 0 | 0 |
| EOS ENERGY ENTERPRISES INC | COM CL A | 29415C101 |  | 151444 | 13215 | SH |  | SOLE |  | 13215 | 0 | 0 |
| EOS ENERGY ENTERPRISES INC | COM CL A | 29415C101 |  | 17190 | 1500 | SH | Call | SOLE |  | 0 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 2893175 | 24042 | SH |  | SOLE |  | 24042 | 0 | 0 |
| FIDELITY COMWLTH TR | NASDAQ COMPSIT | 315912808 |  | 3695319 | 40430 | SH |  | SOLE |  | 40430 | 0 | 0 |
| FIRST SOLAR INC | COM | 336433107 |  | 208984 | 800 | SH | Call | SOLE |  | 0 | 0 | 0 |
| FIRST SOLAR INC | COM | 336433107 |  | 4180 | 16 | SH |  | SOLE |  | 16 | 0 | 0 |
| FORD MTR CO | COM | 345370860 |  | 174623 | 13310 | SH |  | SOLE |  | 13310 | 0 | 0 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 234225 | 4612 | SH |  | SOLE |  | 4612 | 0 | 0 |
| GE AEROSPACE | COM NEW | 369604301 |  | 3392034 | 11012 | SH |  | SOLE |  | 11012 | 0 | 0 |
| GE HEALTHCARE TECHNOLOGIES I | COMMON STOCK | 36266G107 |  | 239909 | 2925 | SH |  | SOLE |  | 2925 | 0 | 0 |
| GE VERNOVA INC | COM | 36828A101 |  | 1794959 | 2746 | SH |  | SOLE |  | 2746 | 0 | 0 |
| GOLDMAN SACHS ETF TR | S 500 PREMIUM | 38149W622 |  | 4839551 | 91658 | SH |  | SOLE |  | 91658 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 4726472 | 5377 | SH |  | SOLE |  | 5377 | 0 | 0 |
| GOLUB CAP BDC INC | COM | 38173M102 |  | 162095 | 11945 | SH |  | SOLE |  | 11945 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 440124 | 1279 | SH |  | SOLE |  | 1279 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 1264696 | 6483 | SH |  | SOLE |  | 6483 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 726930 | 19700 | SH | Call | SOLE |  | 0 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 2435460 | 66002 | SH |  | SOLE |  | 66002 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 4170044 | 14078 | SH |  | SOLE |  | 14078 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 236738 | 418 | SH |  | SOLE |  | 418 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 13695676 | 71495 | SH |  | SOLE |  | 71495 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 110613720 | 180062 | SH |  | SOLE |  | 180062 | 0 | 0 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 |  | 329794 | 4063 | SH |  | SOLE |  | 4063 | 0 | 0 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 |  | 471722 | 7018 | SH |  | SOLE |  | 7018 | 0 | 0 |
| ISHARES SILVER TR | ISHARES | 46428Q109 |  | 221218 | 3434 | SH |  | SOLE |  | 3434 | 0 | 0 |
| ISHARES TR | 0-3 MNTH TREASRY | 46436E718 |  | 21548490 | 214669 | SH |  | SOLE |  | 214669 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 |  | 1364239 | 1992 | SH |  | SOLE |  | 1992 | 0 | 0 |
| ISHARES TR | S 100 ETF | 464287101 |  | 457594 | 1334 | SH |  | SOLE |  | 1334 | 0 | 0 |
| ISHARES TR | S 500 GRWT ETF | 464287309 |  | 1274690 | 10341 | SH |  | SOLE |  | 10341 | 0 | 0 |
| ISHARES TR | IBONDS 26 TRM TS | 46436E858 |  | 459672 | 20095 | SH |  | SOLE |  | 20095 | 0 | 0 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 252108 | 533 | SH |  | SOLE |  | 533 | 0 | 0 |
| ISHARES TR | NATIONAL MUN ETF | 464288414 |  | 247590 | 2312 | SH |  | SOLE |  | 2312 | 0 | 0 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 222079 | 3365 | SH |  | SOLE |  | 3365 | 0 | 0 |
| ISHARES TR | IBONDS 27 TRM TS | 46436E841 |  | 507200 | 22572 | SH |  | SOLE |  | 22572 | 0 | 0 |
| ISHARES TR | 7-10 YR TRSY BD | 464287440 |  | 3398248 | 35340 | SH |  | SOLE |  | 35340 | 0 | 0 |
| ISHARES TR | MSCI USA MMENTM | 46432F396 |  | 1382909 | 5525 | SH |  | SOLE |  | 5525 | 0 | 0 |
| J P MORGAN EXCHANGE TRADED F | NASDAQ EQT PREM | 46654Q203 |  | 1323229 | 22767 | SH |  | SOLE |  | 22767 | 0 | 0 |
| J P MORGAN EXCHANGE TRADED F | EQUITY PREMIUM | 46641Q332 |  | 5676671 | 99173 | SH |  | SOLE |  | 99173 | 0 | 0 |
| JANUS DETROIT STR TR | HENDERSON MTG | 47103U852 |  | 13329213 | 291732 | SH |  | SOLE |  | 291732 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 1438255 | 6950 | SH |  | SOLE |  | 6950 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 3525019 | 10940 | SH |  | SOLE |  | 10940 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 966660 | 3000 | SH | Call | SOLE |  | 0 | 0 | 0 |
| KIMBERLY-CLARK CORP | COM | 494368103 |  | 353115 | 3500 | SH | Call | SOLE |  | 0 | 0 | 0 |
| KIMBERLY-CLARK CORP | COM | 494368103 |  | 401783 | 3982 | SH |  | SOLE |  | 3982 | 0 | 0 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 1890969 | 68788 | SH |  | SOLE |  | 68788 | 0 | 0 |
| KOPIN CORP | COM | 500600101 |  | 497119 | 212444 | SH |  | SOLE |  | 212444 | 0 | 0 |
| KULICKE  SOFFA INDS INC | COM | 501242101 |  | 213971 | 4696 | SH |  | SOLE |  | 4696 | 0 | 0 |
| LOWES COS INC | COM | 548661107 |  | 216817 | 899 | SH |  | SOLE |  | 899 | 0 | 0 |
| MAIN STR CAP CORP | COM | 56035L104 |  | 219376 | 3633 | SH |  | SOLE |  | 3633 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 270112 | 884 | SH |  | SOLE |  | 884 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 736465 | 6997 | SH |  | SOLE |  | 6997 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 7092988 | 10745 | SH |  | SOLE |  | 10745 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 5698654 | 11783 | SH |  | SOLE |  | 11783 | 0 | 0 |
| NBT BANCORP INC | COM | 628778102 |  | 208636 | 5025 | SH |  | SOLE |  | 5025 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 672259 | 7170 | SH |  | SOLE |  | 7170 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 369288 | 4600 | SH | Call | SOLE |  | 0 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 676114 | 8422 | SH |  | SOLE |  | 8422 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 67096 | 1053 | SH |  | SOLE |  | 1053 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 414115 | 6500 | SH | Call | SOLE |  | 0 | 0 | 0 |
| NUCOR CORP | COM | 670346105 |  | 1511303 | 9266 | SH |  | SOLE |  | 9266 | 0 | 0 |
| NUSHARES ETF TR | NUVEEN ESG LRGCP | 67092P201 |  | 204009 | 2086 | SH |  | SOLE |  | 2086 | 0 | 0 |
| NUVEEN S 500 BUY-WRITE INC | COM | 6706ER101 |  | 618484 | 42074 | SH |  | SOLE |  | 42074 | 0 | 0 |
| NUVEEN TAXABLE MUNICPAL INM | COM | 67074C103 |  | 291320 | 18438 | SH |  | SOLE |  | 18438 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 9734957 | 52198 | SH |  | SOLE |  | 52198 | 0 | 0 |
| OCCIDENTAL PETE CORP | COM | 674599105 |  | 110014 | 2675 | SH |  | SOLE |  | 2675 | 0 | 0 |
| OCCIDENTAL PETE CORP | COM | 674599105 |  | 143920 | 3500 | SH | Call | SOLE |  | 0 | 0 | 0 |
| ONDAS HLDGS INC | COM NEW | 68236H204 |  | 182512 | 18700 | SH |  | SOLE |  | 18700 | 0 | 0 |
| ONEOK INC NEW | COM | 682680103 |  | 256221 | 3486 | SH |  | SOLE |  | 3486 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 807778 | 4144 | SH |  | SOLE |  | 4144 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 1743905 | 9811 | SH |  | SOLE |  | 9811 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 286702 | 1998 | SH |  | SOLE |  | 1998 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 1220100 | 49000 | SH | Call | SOLE |  | 0 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 2731943 | 109717 | SH |  | SOLE |  | 109717 | 0 | 0 |
| PGIM ETF TR | PGIM ULTRA SH BD | 69344A107 |  | 456194 | 9199 | SH |  | SOLE |  | 9199 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 458370 | 2858 | SH |  | SOLE |  | 2858 | 0 | 0 |
| PIMCO ETF TR | ACTIVE BD ETF | 72201R775 |  | 340897 | 3662 | SH |  | SOLE |  | 3662 | 0 | 0 |
| PINTEREST INC | CL A | 72352L106 |  | 258512 | 9985 | SH |  | SOLE |  | 9985 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 457556 | 3193 | SH |  | SOLE |  | 3193 | 0 | 0 |
| PROTHENA CORP PLC | SHS | G72800108 |  | 1026424 | 107479 | SH |  | SOLE |  | 107479 | 0 | 0 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 208149 | 1844 | SH |  | SOLE |  | 1844 | 0 | 0 |
| PURECYCLE TECHNOLOGIES INC | COM | 74623V103 |  | 128893 | 15005 | SH |  | SOLE |  | 15005 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 109617 | 641 | SH |  | SOLE |  | 641 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 239470 | 1400 | SH | Call | SOLE |  | 0 | 0 | 0 |
| REALTY INCOME CORP | COM | 756109104 |  | 450211 | 7987 | SH |  | SOLE |  | 7987 | 0 | 0 |
| RHINEBECK BANCORP INC | COM | 762093102 |  | 120200 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| ROBINHOOD MKTS INC | COM CL A | 770700102 |  | 232081 | 2052 | SH |  | SOLE |  | 2052 | 0 | 0 |
| ROKU INC | COM CL A | 77543R102 |  | 108490 | 1000 | SH | Call | SOLE |  | 0 | 0 | 0 |
| ROKU INC | COM CL A | 77543R102 |  | 482021 | 4443 | SH |  | SOLE |  | 4443 | 0 | 0 |
| ROYCE SMALL CAP TRUST INC | COM | 780910105 |  | 1157122 | 71871 | SH |  | SOLE |  | 71871 | 0 | 0 |
| RTX CORPORATION | COM | 75513E101 |  | 213250 | 1163 | SH |  | SOLE |  | 1163 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 282640 | 1067 | SH |  | SOLE |  | 1067 | 0 | 0 |
| SANDISK CORP | COM | 80004C200 |  | 141716 | 597 | SH |  | SOLE |  | 597 | 0 | 0 |
| SANDISK CORP | COM | 80004C200 |  | 118690 | 500 | SH | Call | SOLE |  | 0 | 0 | 0 |
| SCHWAB STRATEGIC TR | US SML CAP ETF | 808524607 |  | 348061 | 12221 | SH |  | SOLE |  | 12221 | 0 | 0 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 |  | 1310633 | 47781 | SH |  | SOLE |  | 47781 | 0 | 0 |
| SCHWAB STRATEGIC TR | US LCAP VA ETF | 808524409 |  | 247012 | 8342 | SH |  | SOLE |  | 8342 | 0 | 0 |
| SCHWAB STRATEGIC TR | US LCAP GR ETF | 808524300 |  | 609731 | 18692 | SH |  | SOLE |  | 18692 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET HEA | 81369Y209 |  | 506436 | 3272 | SH |  | SOLE |  | 3272 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET TEC | 81369Y803 |  | 362341 | 2517 | SH |  | SOLE |  | 2517 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET FIN | 81369Y605 |  | 26368608 | 481443 | SH |  | SOLE |  | 481443 | 0 | 0 |
| SHOPIFY INC | CL A SUB VTG SHS | 82509L107 |  | 894671 | 5558 | SH |  | SOLE |  | 5558 | 0 | 0 |
| SOLITARIO RESOURCES CORP | COM | 8342EP107 |  | 425675 | 610900 | SH |  | SOLE |  | 610900 | 0 | 0 |
| SONO TEK CORP | COM | 835483108 |  | 55107 | 13343 | SH |  | SOLE |  | 13343 | 0 | 0 |
| SPDR DOW JONES INDL AVERAGE | UT SER 1 | 78467X109 |  | 210704 | 438 | SH |  | SOLE |  | 438 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 268005 | 676 | SH |  | SOLE |  | 676 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 848424 | 1244 | SH |  | SOLE |  | 1244 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A359 |  | 325363 | 3648 | SH |  | SOLE |  | 3648 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A508 |  | 344408 | 6062 | SH |  | SOLE |  | 6062 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78468R788 |  | 508593 | 11759 | SH |  | SOLE |  | 11759 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A409 |  | 155867422 | 1460801 | SH |  | SOLE |  | 1460801 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A805 |  | 295584 | 3583 | SH |  | SOLE |  | 3583 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78468R663 |  | 13415110 | 146806 | SH |  | SOLE |  | 146806 | 0 | 0 |
| STARWOOD PPTY TR INC | COM | 85571B105 |  | 3156200 | 175247 | SH |  | SOLE |  | 175247 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 |  | 248838 | 708 | SH |  | SOLE |  | 708 | 0 | 0 |
| SUPER MICRO COMPUTER INC | COM NEW | 86800U302 |  | 602025 | 20568 | SH |  | SOLE |  | 20568 | 0 | 0 |
| T1 ENERGY INC | COM NEW | 35834F104 |  | 180360 | 27000 | SH |  | SOLE |  | 27000 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 213966 | 704 | SH |  | SOLE |  | 704 | 0 | 0 |
| TARGET CORP | COM | 87612E106 |  | 195500 | 2000 | SH | Call | SOLE |  | 0 | 0 | 0 |
| TARGET CORP | COM | 87612E106 |  | 60060 | 614 | SH |  | SOLE |  | 614 | 0 | 0 |
| TERADYNE INC | COM | 880770102 |  | 391765 | 2024 | SH |  | SOLE |  | 2024 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 10952359 | 24354 | SH |  | SOLE |  | 24354 | 0 | 0 |
| THE CIGNA GROUP | COM | 125523100 |  | 230608 | 838 | SH |  | SOLE |  | 838 | 0 | 0 |
| TRAVELERS COMPANIES INC | COM | 89417E109 |  | 287421 | 991 | SH |  | SOLE |  | 991 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 16342 | 200 | SH | Call | SOLE |  | 0 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 198555 | 2430 | SH |  | SOLE |  | 2430 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 419106 | 1812 | SH |  | SOLE |  | 1812 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 2281418 | 6911 | SH |  | SOLE |  | 6911 | 0 | 0 |
| US BANCORP DEL | COM NEW | 902973304 |  | 266170 | 4988 | SH |  | SOLE |  | 4988 | 0 | 0 |
| VANECK ETF TRUST | HIGH YLD MUNIETF | 92189H409 |  | 347469 | 6797 | SH |  | SOLE |  | 6797 | 0 | 0 |
| VANECK ETF TRUST | MORTGAGE REIT | 92189F452 |  | 1151763 | 109587 | SH |  | SOLE |  | 109587 | 0 | 0 |
| VANGUARD ADMIRAL FDS INC | 500 GRTH IDX F | 921932505 |  | 3580949 | 8054 | SH |  | SOLE |  | 8054 | 0 | 0 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 |  | 13880351 | 187395 | SH |  | SOLE |  | 187395 | 0 | 0 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 1450154 | 4325 | SH |  | SOLE |  | 4325 | 0 | 0 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 1011857 | 1613 | SH |  | SOLE |  | 1613 | 0 | 0 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 13978453 | 54191 | SH |  | SOLE |  | 54191 | 0 | 0 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 1136436 | 2329 | SH |  | SOLE |  | 2329 | 0 | 0 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 130043252 | 680890 | SH |  | SOLE |  | 680890 | 0 | 0 |
| VANGUARD INSTL INDEX FD | 0-3 MO TREAS BIL | 922040845 |  | 641642 | 8506 | SH |  | SOLE |  | 8506 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 30099594 | 559888 | SH |  | SOLE |  | 559888 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | VNG RUS1000VAL | 92206C714 |  | 5436755 | 58903 | SH |  | SOLE |  | 58903 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | INT-TERM CORP | 92206C870 |  | 45823633 | 547148 | SH |  | SOLE |  | 547148 | 0 | 0 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 530494 | 2414 | SH |  | SOLE |  | 2414 | 0 | 0 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 |  | 30474106 | 212334 | SH |  | SOLE |  | 212334 | 0 | 0 |
| VANGUARD WHITEHALL FDS | INTL DVD ETF | 921946810 |  | 21124632 | 230997 | SH |  | SOLE |  | 230997 | 0 | 0 |
| VANGUARD WORLD FD | HEALTH CAR ETF | 92204A504 |  | 1176979 | 4089 | SH |  | SOLE |  | 4089 | 0 | 0 |
| VANGUARD WORLD FD | MEGA GRWTH IND | 921910816 |  | 14248627 | 34520 | SH |  | SOLE |  | 34520 | 0 | 0 |
| VANGUARD WORLD FD | INF TECH ETF | 92204A702 |  | 11382848 | 15101 | SH |  | SOLE |  | 15101 | 0 | 0 |
| VANGUARD WORLD FD | FINANCIALS ETF | 92204A405 |  | 717877 | 5378 | SH |  | SOLE |  | 5378 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 853586 | 20957 | SH |  | SOLE |  | 20957 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 586517 | 1672 | SH |  | SOLE |  | 1672 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 3044196 | 27324 | SH |  | SOLE |  | 27324 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 416003 | 4464 | SH |  | SOLE |  | 4464 | 0 | 0 |
| WELLTOWER INC | COM | 95040Q104 |  | 252639 | 1361 | SH |  | SOLE |  | 1361 | 0 | 0 |
| WP CAREY INC | COM | 92936U109 |  | 220606 | 3428 | SH |  | SOLE |  | 3428 | 0 | 0 |
| WYNN RESORTS LTD | COM | 983134107 |  | 48132 | 400 | SH |  | SOLE |  | 400 | 0 | 0 |
| WYNN RESORTS LTD | COM | 983134107 |  | 721980 | 6000 | SH | Call | SOLE |  | 0 | 0 | 0 |

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