# EDGAR Filing Document

**Accession Number:** 0001910183
**File Stem:** 0001951757-25-001180
**Filing Date:** 2025-10
**Character Count:** 23395
**Document Hash:** 873275dde3cd344c8638a465e2f3b0e4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001951757-25-001180.hdr.sgml**: 20251020

**ACCESSION NUMBER**: 0001951757-25-001180

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251020

**DATE AS OF CHANGE**: 20251020

**EFFECTIVENESS DATE**: 20251020

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Chemistry Wealth Management LLC
- **CENTRAL INDEX KEY:** 0001910183

**ORGANIZATION NAME:**
- **EIN:** 872672993
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-21783
- **FILM NUMBER:** 251404443

**BUSINESS ADDRESS:**
- **STREET 1:** 111 BROADWAY
- **STREET 2:** ROOM 602
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10006
- **BUSINESS PHONE:** (212) 970-8900

**MAIL ADDRESS:**
- **STREET 1:** 111 BROADWAY
- **STREET 2:** ROOM 602
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10006

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 09-30-2025

**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:** Chemistry Wealth Management LLC<br>**Address:** 111 BROADWAY<br>ROOM 602<br>NEW YORK, NY 10006

**Form 13F File Number:** 028-21783

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:** Cheung Chan<br>**Title:** Chief Compliance Officer<br>**Phone:** (212) 970-8900

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

Cheung Chan  New York, NY  10-03-2025<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:** 202

**Form 13F Information Table Value Total:** $518308592

      (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 |
| AMAZON COM INC | COM | 023135106 |  | 13026869 | 59329 | SH |  | SOLE |  | 0 | 0 | 59329 |
| WISDOMTREE TR | JAPN HEDGE EQT | 97717W851 |  | 1227296 | 9586 | SH |  | SOLE |  | 0 | 0 | 9586 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 1877225 | 3127 | SH |  | SOLE |  | 0 | 0 | 3127 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 |  | 1471308 | 5220 | SH |  | SOLE |  | 0 | 0 | 5220 |
| STARBUCKS CORP | COM | 855244109 |  | 729760 | 8626 | SH |  | SOLE |  | 0 | 0 | 8626 |
| PUBLIC SVC ENTERPRISE GRP IN | COM | 744573106 |  | 574288 | 6881 | SH |  | SOLE |  | 0 | 0 | 6881 |
| ELEVANCE HEALTH INC FORMERLY | COM | 036752103 |  | 4819911 | 14917 | SH |  | SOLE |  | 0 | 0 | 14917 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 |  | 25288521 | 347513 | SH |  | SOLE |  | 0 | 0 | 347513 |
| EBAY INC. | COM | 278642103 |  | 846835 | 9311 | SH |  | SOLE |  | 0 | 0 | 9311 |
| VULCAN MATLS CO | COM | 929160109 |  | 413134 | 1343 | SH |  | SOLE |  | 0 | 0 | 1343 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 2466861 | 13304 | SH |  | SOLE |  | 0 | 0 | 13304 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 587752 | 1791 | SH |  | SOLE |  | 0 | 0 | 1791 |
| INVESCO EXCHANGE TRADED FD T | WATER RES ETF | 46137V142 |  | 205081 | 2844 | SH |  | SOLE |  | 0 | 0 | 2844 |
| VANGUARD WORLD FD | ENERGY ETF | 92204A306 |  | 339696 | 2699 | SH |  | SOLE |  | 0 | 0 | 2699 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 2698174 | 2915 | SH |  | SOLE |  | 0 | 0 | 2915 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 381329 | 7141 | SH |  | SOLE |  | 0 | 0 | 7141 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 839353 | 1054 | SH |  | SOLE |  | 0 | 0 | 1054 |
| SHELL PLC | SPON ADS | 780259305 |  | 609290 | 8518 | SH |  | SOLE |  | 0 | 0 | 8518 |
| ISHARES TR | US INDUSTRIALS | 464287754 |  | 313485 | 2149 | SH |  | SOLE |  | 0 | 0 | 2149 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 959237 | 6243 | SH |  | SOLE |  | 0 | 0 | 6243 |
| COCA COLA CO | COM | 191216100 |  | 810629 | 12223 | SH |  | SOLE |  | 0 | 0 | 12223 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 244969 | 7834 | SH |  | SOLE |  | 0 | 0 | 7834 |
| ISHARES TR | U.S. ENERGY ETF | 464287796 |  | 506468 | 10658 | SH |  | SOLE |  | 0 | 0 | 10658 |
| OCCIDENTAL PETE CORP | COM | 674599105 |  | 2154217 | 45592 | SH |  | SOLE |  | 0 | 0 | 45592 |
| INTEL CORP | COM | 458140100 |  | 333456 | 9939 | SH |  | SOLE |  | 0 | 0 | 9939 |
| AMBEV SA | SPONSORED ADR | 02319V103 |  | 78050 | 35000 | SH |  | SOLE |  | 0 | 0 | 35000 |
| SPDR DOW JONES INDL AVERAGE | UT SER 1 | 78467X109 |  | 338530 | 730 | SH |  | SOLE |  | 0 | 0 | 730 |
| ISHARES TR | CORE 80/20 AGGRE | 464289859 |  | 221055 | 2508 | SH |  | SOLE |  | 0 | 0 | 2508 |
| MERCK  CO INC | COM | 58933Y105 |  | 367386 | 4377 | SH |  | SOLE |  | 0 | 0 | 4377 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 2363607 | 3548 | SH |  | SOLE |  | 0 | 0 | 3548 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 2701691 | 4750 | SH |  | SOLE |  | 0 | 0 | 4750 |
| ISHARES TR | TIPS BD ETF | 464287176 |  | 1161904 | 10447 | SH |  | SOLE |  | 0 | 0 | 10447 |
| ISHARES TR | S 100 ETF | 464287101 |  | 729252 | 2191 | SH |  | SOLE |  | 0 | 0 | 2191 |
| BANK NEW YORK MELLON CORP | COM | 064058100 |  | 300948 | 2762 | SH |  | SOLE |  | 0 | 0 | 2762 |
| PEPSICO INC | COM | 713448108 |  | 232007 | 1652 | SH |  | SOLE |  | 0 | 0 | 1652 |
| ISHARES TR | 1 3 YR TREAS BD | 464287457 |  | 1375311 | 16578 | SH |  | SOLE |  | 0 | 0 | 16578 |
| KIMBERLY-CLARK CORP | COM | 494368103 |  | 331242 | 2664 | SH |  | SOLE |  | 0 | 0 | 2664 |
| HONEYWELL INTL INC | COM | 438516106 |  | 427191 | 2029 | SH |  | SOLE |  | 0 | 0 | 2029 |
| HOME DEPOT INC | COM | 437076102 |  | 1849692 | 4565 | SH |  | SOLE |  | 0 | 0 | 4565 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 698824 | 2381 | SH |  | SOLE |  | 0 | 0 | 2381 |
| BRIGHTHOUSE FINL INC | COM | 10922N103 |  | 350222 | 6598 | SH |  | SOLE |  | 0 | 0 | 6598 |
| SELECT SECTOR SPDR TR | SBI HEALTHCARE | 81369Y209 |  | 1936588 | 13915 | SH |  | SOLE |  | 0 | 0 | 13915 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 1330880 | 3744 | SH |  | SOLE |  | 0 | 0 | 3744 |
| BECTON DICKINSON  CO | COM | 075887109 |  | 1186166 | 6337 | SH |  | SOLE |  | 0 | 0 | 6337 |
| TECK RESOURCES LTD | CL B | 878742204 |  | 674589 | 15370 | SH |  | SOLE |  | 0 | 0 | 15370 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 417822 | 892 | SH |  | SOLE |  | 0 | 0 | 892 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 1300594 | 10945 | SH |  | SOLE |  | 0 | 0 | 10945 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 56380280 | 112146 | SH |  | SOLE |  | 0 | 0 | 112146 |
| VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 92206C409 |  | 2086325 | 26102 | SH |  | SOLE |  | 0 | 0 | 26102 |
| VANECK ETF TRUST | HIGH YLD MUNIETF | 92189H409 |  | 328050 | 6445 | SH |  | SOLE |  | 0 | 0 | 6445 |
| GREEN BRICK PARTNERS INC | COM | 392709101 |  | 290196 | 3929 | SH |  | SOLE |  | 0 | 0 | 3929 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 7052230 | 29010 | SH |  | SOLE |  | 0 | 0 | 29010 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 |  | 250658 | 2325 | SH |  | SOLE |  | 0 | 0 | 2325 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 778529 | 24778 | SH |  | SOLE |  | 0 | 0 | 24778 |
| MICROSOFT CORP | COM | 594918104 |  | 9983548 | 19275 | SH |  | SOLE |  | 0 | 0 | 19275 |
| LENNAR CORP | CL A | 526057104 |  | 656205 | 5206 | SH |  | SOLE |  | 0 | 0 | 5206 |
| WARNER BROS DISCOVERY INC | COM SER A | 934423104 |  | 602227 | 30836 | SH |  | SOLE |  | 0 | 0 | 30836 |
| SELECT SECTOR SPDR TR | COMMUNICATION | 81369Y852 |  | 203052 | 1715 | SH |  | SOLE |  | 0 | 0 | 1715 |
| AMERIPRISE FINL INC | COM | 03076C106 |  | 1862329 | 3791 | SH |  | SOLE |  | 0 | 0 | 3791 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 253571 | 3359 | SH |  | SOLE |  | 0 | 0 | 3359 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 |  | 754200 | 1 | SH |  | SOLE |  | 0 | 0 | 1 |
| VANGUARD WORLD FD | ESG INTL STK ETF | 921910725 |  | 521385 | 7516 | SH |  | SOLE |  | 0 | 0 | 7516 |
| VANGUARD WORLD FD | ESG US STK ETF | 921910733 |  | 1282350 | 10827 | SH |  | SOLE |  | 0 | 0 | 10827 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 461507 | 1815 | SH |  | SOLE |  | 0 | 0 | 1815 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 1043182 | 3551 | SH |  | SOLE |  | 0 | 0 | 3551 |
| NIKE INC | CL B | 654106103 |  | 3076070 | 44114 | SH |  | SOLE |  | 0 | 0 | 44114 |
| VANGUARD SCOTTSDALE FDS | SHORT TERM TREAS | 92206C102 |  | 58938543 | 1001505 | SH |  | SOLE |  | 0 | 0 | 1001505 |
| VANGUARD WORLD FD | HEALTH CAR ETF | 92204A504 |  | 358248 | 1380 | SH |  | SOLE |  | 0 | 0 | 1380 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 1380084 | 4594 | SH |  | SOLE |  | 0 | 0 | 4594 |
| VANGUARD WORLD FD | INF TECH ETF | 92204A702 |  | 479759 | 643 | SH |  | SOLE |  | 0 | 0 | 643 |
| BROOKFIELD CORP | CL A LTD VT SH | 11271J107 |  | 19800898 | 288727 | SH |  | SOLE |  | 0 | 0 | 288727 |
| DOLLAR TREE INC | COM | 256746108 |  | 1050149 | 11128 | SH |  | SOLE |  | 0 | 0 | 11128 |
| AMERICAN RES CORP | CL A | 02927U208 |  | 27000 | 10000 | SH |  | SOLE |  | 0 | 0 | 10000 |
| ARCH CAP GROUP LTD | ORD | G0450A105 |  | 908479 | 10013 | SH |  | SOLE |  | 0 | 0 | 10013 |
| SPDR INDEX SHS FDS | GLB NAT RESRCE | 78463X541 |  | 2027883 | 34249 | SH |  | SOLE |  | 0 | 0 | 34249 |
| KKR  CO INC | COM | 48251W104 |  | 1590806 | 12242 | SH |  | SOLE |  | 0 | 0 | 12242 |
| VANGUARD ADMIRAL FDS INC | MIDCP 400 IDX | 921932885 |  | 261601 | 2370 | SH |  | SOLE |  | 0 | 0 | 2370 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 1668142 | 2724 | SH |  | SOLE |  | 0 | 0 | 2724 |
| CONSOLIDATED EDISON INC | COM | 209115104 |  | 230108 | 2289 | SH |  | SOLE |  | 0 | 0 | 2289 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 1127387 | 5943 | SH |  | SOLE |  | 0 | 0 | 5943 |
| VANECK ETF TRUST | GOLD MINERS ETF | 92189F106 |  | 1062648 | 13909 | SH |  | SOLE |  | 0 | 0 | 13909 |
| ELI LILLY  CO | COM | 532457108 |  | 600483 | 787 | SH |  | SOLE |  | 0 | 0 | 787 |
| ISHARES TR | CORE HIGH DV ETF | 46429B663 |  | 266451 | 2176 | SH |  | SOLE |  | 0 | 0 | 2176 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 2144373 | 12816 | SH |  | SOLE |  | 0 | 0 | 12816 |
| INVESCO EXCHANGE TRADED FD T | S MDCP QUALITY | 46137V472 |  | 225244 | 2146 | SH |  | SOLE |  | 0 | 0 | 2146 |
| IAC INC | COM NEW | 44891N208 |  | 680480 | 19973 | SH |  | SOLE |  | 0 | 0 | 19973 |
| ISHARES TR | SELECT DIVID ETF | 464287168 |  | 235460 | 1657 | SH |  | SOLE |  | 0 | 0 | 1657 |
| VANGUARD INDEX FDS | SM CP VAL ETF | 922908611 |  | 5526704 | 26480 | SH |  | SOLE |  | 0 | 0 | 26480 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 2403566 | 13176 | SH |  | SOLE |  | 0 | 0 | 13176 |
| AIRBNB INC | COM CL A | 009066101 |  | 3188125 | 26257 | SH |  | SOLE |  | 0 | 0 | 26257 |
| SPDR SERIES TRUST | NUVEEN ICE HIGH | 78464A284 |  | 3683689 | 147761 | SH |  | SOLE |  | 0 | 0 | 147761 |
| STELLANTIS N.V | SHS | N82405106 |  | 582134 | 62327 | SH |  | SOLE |  | 0 | 0 | 62327 |
| XYLEM INC | COM | 98419M100 |  | 252520 | 1712 | SH |  | SOLE |  | 0 | 0 | 1712 |
| ROBLOX CORP | CL A | 771049103 |  | 1894261 | 13675 | SH |  | SOLE |  | 0 | 0 | 13675 |
| CREDIT ACCEP CORP MICH | COM | 225310101 |  | 219924 | 471 | SH |  | SOLE |  | 0 | 0 | 471 |
| VISA INC | COM CL A | 92826C839 |  | 570446 | 1671 | SH |  | SOLE |  | 0 | 0 | 1671 |
| ISHARES GOLD TR | SHARES REPRESENT | 46436F103 |  | 637752 | 16565 | SH |  | SOLE |  | 0 | 0 | 16565 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 3686531 | 19768 | SH |  | SOLE |  | 0 | 0 | 19768 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 1134618 | 2366 | SH |  | SOLE |  | 0 | 0 | 2366 |
| VERTICAL AEROSPACE LTD | SHS NEW | G9471C206 |  | 85926 | 16556 | SH |  | SOLE |  | 0 | 0 | 16556 |
| CHENIERE ENERGY INC | COM NEW | 16411R208 |  | 291610 | 1241 | SH |  | SOLE |  | 0 | 0 | 1241 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 |  | 269272 | 818 | SH |  | SOLE |  | 0 | 0 | 818 |
| META PLATFORMS INC | CL A | 30303M102 |  | 15727021 | 21415 | SH |  | SOLE |  | 0 | 0 | 21415 |
| ASML HOLDING N V | N Y REGISTRY SHS | N07059210 |  | 376587 | 389 | SH |  | SOLE |  | 0 | 0 | 389 |
| SERVICENOW INC | COM | 81762P102 |  | 274243 | 298 | SH |  | SOLE |  | 0 | 0 | 298 |
| FIVE BELOW INC | COM | 33829M101 |  | 1112602 | 7192 | SH |  | SOLE |  | 0 | 0 | 7192 |
| TIDAL TRUST I | GOTHAM 1000 VALU | 886364520 |  | 7155243 | 280592 | SH |  | SOLE |  | 0 | 0 | 280592 |
| COREBRIDGE FINL INC | COM | 21871X109 |  | 252169 | 7868 | SH |  | SOLE |  | 0 | 0 | 7868 |
| BROADCOM INC | COM | 11135F101 |  | 873932 | 2649 | SH |  | SOLE |  | 0 | 0 | 2649 |
| DIAMONDBACK ENERGY INC | COM | 25278X109 |  | 240694 | 1682 | SH |  | SOLE |  | 0 | 0 | 1682 |
| VANGUARD MALVERN FDS | STRM INFPROIDX | 922020805 |  | 15949721 | 315025 | SH |  | SOLE |  | 0 | 0 | 315025 |
| U HAUL HOLDING COMPANY | COM SER N | 023586506 |  | 1862904 | 36599 | SH |  | SOLE |  | 0 | 0 | 36599 |
| D R HORTON INC | COM | 23331A109 |  | 462571 | 2730 | SH |  | SOLE |  | 0 | 0 | 2730 |
| ROYAL BK CDA | COM | 780087102 |  | 422514 | 2868 | SH |  | SOLE |  | 0 | 0 | 2868 |
| BROOKFIELD ASSET MANAGMT LTD | CL A LMT VTG SHS | 113004105 |  | 974243 | 17110 | SH |  | SOLE |  | 0 | 0 | 17110 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 239202 | 970 | SH |  | SOLE |  | 0 | 0 | 970 |
| NICE LTD | SPONSORED ADR | 653656108 |  | 531777 | 3673 | SH |  | SOLE |  | 0 | 0 | 3673 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 3237163 | 17350 | SH |  | SOLE |  | 0 | 0 | 17350 |
| ABBVIE INC | COM | 00287Y109 |  | 2147070 | 9273 | SH |  | SOLE |  | 0 | 0 | 9273 |
| S GLOBAL INC | COM | 78409V104 |  | 2382460 | 4895 | SH |  | SOLE |  | 0 | 0 | 4895 |
| INTERACTIVE BROKERS GROUP IN | COM CL A | 45841N107 |  | 363867 | 5288 | SH |  | SOLE |  | 0 | 0 | 5288 |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 |  | 988332 | 13848 | SH |  | SOLE |  | 0 | 0 | 13848 |
| T ROWE PRICE ETF INC | CAP APPRECIATION | 87283Q867 |  | 6164858 | 163524 | SH |  | SOLE |  | 0 | 0 | 163524 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 549084 | 1966 | SH |  | SOLE |  | 0 | 0 | 1966 |
| BLACKSTONE INC | COM | 09260D107 |  | 848954 | 4969 | SH |  | SOLE |  | 0 | 0 | 4969 |
| KOREA FD INC | COM NEW | 500634209 |  | 368166 | 12037 | SH |  | SOLE |  | 0 | 0 | 12037 |
| MGM RESORTS INTERNATIONAL | COM | 552953101 |  | 885806 | 25557 | SH |  | SOLE |  | 0 | 0 | 25557 |
| MCDONALDS CORP | COM | 580135101 |  | 491198 | 1616 | SH |  | SOLE |  | 0 | 0 | 1616 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 1307723 | 7762 | SH |  | SOLE |  | 0 | 0 | 7762 |
| 2023 ETF SERIES TRUST II | GMO US QUALITY E | 90139K100 |  | 362696 | 10022 | SH |  | SOLE |  | 0 | 0 | 10022 |
| CISCO SYS INC | COM | 17275R102 |  | 211418 | 3090 | SH |  | SOLE |  | 0 | 0 | 3090 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 512864 | 2413 | SH |  | SOLE |  | 0 | 0 | 2413 |
| AT INC | COM | 00206R102 |  | 284207 | 10064 | SH |  | SOLE |  | 0 | 0 | 10064 |
| SELECT SECTOR SPDR TR | SBI MATERIALS | 81369Y100 |  | 298248 | 3328 | SH |  | SOLE |  | 0 | 0 | 3328 |
| ISHARES TR | ISHARES BIOTECH | 464287556 |  | 503290 | 3486 | SH |  | SOLE |  | 0 | 0 | 3486 |
| GE AEROSPACE | COM NEW | 369604301 |  | 474092 | 1576 | SH |  | SOLE |  | 0 | 0 | 1576 |
| SELECT SECTOR SPDR TR | SBI CONS DISCR | 81369Y407 |  | 583523 | 2435 | SH |  | SOLE |  | 0 | 0 | 2435 |
| SELECT SECTOR SPDR TR | INDL | 81369Y704 |  | 511660 | 3318 | SH |  | SOLE |  | 0 | 0 | 3318 |
| ISHARES TR | U.S. TECH ETF | 464287721 |  | 301624 | 1540 | SH |  | SOLE |  | 0 | 0 | 1540 |
| CHARTER COMMUNICATIONS INC N | CL A | 16119P108 |  | 297664 | 1082 | SH |  | SOLE |  | 0 | 0 | 1082 |
| ISHARES TR | S 500 GRWT ETF | 464287309 |  | 292987 | 2427 | SH |  | SOLE |  | 0 | 0 | 2427 |
| ISHARES TR | CORE S ETF | 464287200 |  | 860092 | 1285 | SH |  | SOLE |  | 0 | 0 | 1285 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 2092025 | 24959 | SH |  | SOLE |  | 0 | 0 | 24959 |
| UNION PAC CORP | COM | 907818108 |  | 217224 | 919 | SH |  | SOLE |  | 0 | 0 | 919 |
| CARMAX INC | COM | 143130102 |  | 479077 | 10677 | SH |  | SOLE |  | 0 | 0 | 10677 |
| ISHARES TR | PFD AND INCM SEC | 464288687 |  | 327741 | 10365 | SH |  | SOLE |  | 0 | 0 | 10365 |
| SALESFORCE INC | COM | 79466L302 |  | 1346635 | 5682 | SH |  | SOLE |  | 0 | 0 | 5682 |
| RBB FUND TRUST | FIRST EAGLE GBL | 75526L886 |  | 892340 | 20175 | SH |  | SOLE |  | 0 | 0 | 20175 |
| REPUBLIC SVCS INC | COM | 760759100 |  | 399525 | 1741 | SH |  | SOLE |  | 0 | 0 | 1741 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 357945 | 738 | SH |  | SOLE |  | 0 | 0 | 738 |
| SOURCE CAPITAL | COM SHS OF BEN I | 836144303 |  | 1129057 | 25079 | SH |  | SOLE |  | 0 | 0 | 25079 |
| VANGUARD INDEX FDS | MCAP VL IDXVIP | 922908512 |  | 1233931 | 7068 | SH |  | SOLE |  | 0 | 0 | 7068 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 363114 | 727 | SH |  | SOLE |  | 0 | 0 | 727 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 11941076 | 37857 | SH |  | SOLE |  | 0 | 0 | 37857 |
| CHEVRON CORP NEW | COM | 166764100 |  | 1501074 | 9666 | SH |  | SOLE |  | 0 | 0 | 9666 |
| ISHARES TR | NATIONAL MUN ETF | 464288414 |  | 371650 | 3490 | SH |  | SOLE |  | 0 | 0 | 3490 |
| MARKEL GROUP INC | COM | 570535104 |  | 5625132 | 2943 | SH |  | SOLE |  | 0 | 0 | 2943 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 322669 | 5385 | SH |  | SOLE |  | 0 | 0 | 5385 |
| DANAHER CORPORATION | COM | 235851102 |  | 1249369 | 6302 | SH |  | SOLE |  | 0 | 0 | 6302 |
| TJX COS INC NEW | COM | 872540109 |  | 294283 | 2036 | SH |  | SOLE |  | 0 | 0 | 2036 |
| BANK AMERICA CORP | COM | 060505104 |  | 4281093 | 82983 | SH |  | SOLE |  | 0 | 0 | 82983 |
| WALMART INC | COM | 931142103 |  | 360060 | 3494 | SH |  | SOLE |  | 0 | 0 | 3494 |
| ISHARES TR | INTL SEL DIV ETF | 464288448 |  | 256508 | 7018 | SH |  | SOLE |  | 0 | 0 | 7018 |
| ISHARES TR | 3 7 YR TREAS BD | 464288661 |  | 277622 | 2323 | SH |  | SOLE |  | 0 | 0 | 2323 |
| ORACLE CORP | COM | 68389X105 |  | 9434172 | 33545 | SH |  | SOLE |  | 0 | 0 | 33545 |
| RTX CORPORATION | COM | 75513E101 |  | 1773428 | 10598 | SH |  | SOLE |  | 0 | 0 | 10598 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 1276698 | 23564 | SH |  | SOLE |  | 0 | 0 | 23564 |
| TEXAS INSTRS INC | COM | 882508104 |  | 234072 | 1274 | SH |  | SOLE |  | 0 | 0 | 1274 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 |  | 380706 | 2701 | SH |  | SOLE |  | 0 | 0 | 2701 |
| CATERPILLAR INC | COM | 149123101 |  | 437547 | 917 | SH |  | SOLE |  | 0 | 0 | 917 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 26237130 | 107728 | SH |  | SOLE |  | 0 | 0 | 107728 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 17149069 | 51629 | SH |  | SOLE |  | 0 | 0 | 51629 |
| AMGEN INC | COM | 031162100 |  | 825717 | 2926 | SH |  | SOLE |  | 0 | 0 | 2926 |
| VANGUARD WORLD FD | UTILITIES ETF | 92204A876 |  | 458246 | 2419 | SH |  | SOLE |  | 0 | 0 | 2419 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 233182 | 2326 | SH |  | SOLE |  | 0 | 0 | 2326 |
| SPDR SERIES TRUST | PORTFOLIO S | 78464A854 |  | 968987 | 12369 | SH |  | SOLE |  | 0 | 0 | 12369 |
| LEXICON PHARMACEUTICALS INC | COM NEW | 528872302 |  | 16200 | 12000 | SH |  | SOLE |  | 0 | 0 | 12000 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 2712228 | 15175 | SH |  | SOLE |  | 0 | 0 | 15175 |
| WAYFAIR INC | CL A | 94419L101 |  | 3923463 | 43921 | SH |  | SOLE |  | 0 | 0 | 43921 |
| LIBERTY BROADBAND CORP | COM SER C | 530307305 |  | 756825 | 11911 | SH |  | SOLE |  | 0 | 0 | 11911 |
| VANGUARD BD INDEX FDS | SHORT TRM BOND | 921937827 |  | 339629 | 4304 | SH |  | SOLE |  | 0 | 0 | 4304 |
| PARKER-HANNIFIN CORP | COM | 701094104 |  | 213540 | 282 | SH |  | SOLE |  | 0 | 0 | 282 |
| BARRICK MNG CORP | COM SHS | 06849F108 |  | 387767 | 11833 | SH |  | SOLE |  | 0 | 0 | 11833 |
| CITIGROUP INC | COM NEW | 172967424 |  | 523861 | 5161 | SH |  | SOLE |  | 0 | 0 | 5161 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 5368160 | 47611 | SH |  | SOLE |  | 0 | 0 | 47611 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 5593467 | 16199 | SH |  | SOLE |  | 0 | 0 | 16199 |
| DEERE  CO | COM | 244199105 |  | 1519392 | 3323 | SH |  | SOLE |  | 0 | 0 | 3323 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 201129 | 2516 | SH |  | SOLE |  | 0 | 0 | 2516 |
| AMERICAN INTL GROUP INC | COM NEW | 026874784 |  | 390894 | 4977 | SH |  | SOLE |  | 0 | 0 | 4977 |
| SELECT SECTOR SPDR TR | SBI INT-UTILS | 81369Y886 |  | 619976 | 7109 | SH |  | SOLE |  | 0 | 0 | 7109 |
| NEW YORK TIMES CO | CL A | 650111107 |  | 250436 | 4363 | SH |  | SOLE |  | 0 | 0 | 4363 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 474047 | 7069 | SH |  | SOLE |  | 0 | 0 | 7069 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 3191027 | 33424 | SH |  | SOLE |  | 0 | 0 | 33424 |
| CAMECO CORP | COM | 13321L108 |  | 251580 | 3000 | SH |  | SOLE |  | 0 | 0 | 3000 |
| ISHARES TR | CHINA LG-CAP ETF | 464287184 |  | 234745 | 5706 | SH |  | SOLE |  | 0 | 0 | 5706 |
| BLACKROCK INC | COM | 09290D101 |  | 1752303 | 1503 | SH |  | SOLE |  | 0 | 0 | 1503 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 229715 | 3520 | SH |  | SOLE |  | 0 | 0 | 3520 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 765261 | 8196 | SH |  | SOLE |  | 0 | 0 | 8196 |
| APPLE INC | COM | 037833100 |  | 24886587 | 97736 | SH |  | SOLE |  | 0 | 0 | 97736 |
| ABBOTT LABS | COM | 002824100 |  | 316500 | 2363 | SH |  | SOLE |  | 0 | 0 | 2363 |
| DISNEY WALT CO | COM | 254687106 |  | 1437262 | 12553 | SH |  | SOLE |  | 0 | 0 | 12553 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 4084132 | 756 | SH |  | SOLE |  | 0 | 0 | 756 |

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