# EDGAR Filing Document

**Accession Number:** 0001931041
**File Stem:** 0001754960-25-000712
**Filing Date:** 2025-10
**Character Count:** 18633
**Document Hash:** aaa7fc9bae1f96165272857337ecd370
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001754960-25-000712.hdr.sgml**: 20251024

**ACCESSION NUMBER**: 0001754960-25-000712

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251024

**DATE AS OF CHANGE**: 20251024

**EFFECTIVENESS DATE**: 20251024

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Warwick Investment Management, Inc.
- **CENTRAL INDEX KEY:** 0001931041

**ORGANIZATION NAME:**
- **EIN:** 742037472
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-22585
- **FILM NUMBER:** 251415420

**BUSINESS ADDRESS:**
- **STREET 1:** 4444 CARTER CREEK PARKWAY
- **STREET 2:** SUITE 109
- **CITY:** BRYAN
- **STATE:** TX
- **ZIP:** 77802
- **BUSINESS PHONE:** 9792609777

**MAIL ADDRESS:**
- **STREET 1:** 4444 CARTER CREEK PARKWAY
- **STREET 2:** SUITE 109
- **CITY:** BRYAN
- **STATE:** TX
- **ZIP:** 77802

### 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:** Warwick Investment Management Inc.<br>**Address:** 4444 CARTER CREEK PARKWAY<br>SUITE 109<br>BRYAN, TX 77802

**Form 13F File Number:** 028-22585

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:** Aryn Sands<br>**Title:** Agent<br>**Phone:** 844-844-3453

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

Aryn Sands  Reno, NV  10-24-2025<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:** 153

**Form 13F Information Table Value Total:** $576112349

      (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 |
| LINDE PLC | SHS | G54950103 |  | 256486 | 540 | SH |  | SOLE |  | 0 | 0 | 540 |
| AT INC | COM | 00206R102 |  | 216064 | 7651 | SH |  | SOLE |  | 0 | 0 | 7651 |
| ABBOTT LABS | COM | 002824100 |  | 210286 | 1570 | SH |  | SOLE |  | 0 | 0 | 1570 |
| ABBVIE INC | COM | 00287Y109 |  | 556391 | 2403 | SH |  | SOLE |  | 0 | 0 | 2403 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 313549 | 1938 | SH |  | SOLE |  | 0 | 0 | 1938 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 832941 | 3420 | SH |  | SOLE |  | 0 | 0 | 3420 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 1727226 | 7105 | SH |  | SOLE |  | 0 | 0 | 7105 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 202408 | 3064 | SH |  | SOLE |  | 0 | 0 | 3064 |
| AMAZON COM INC | COM | 023135106 |  | 2566334 | 11688 | SH |  | SOLE |  | 0 | 0 | 11688 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 224540 | 676 | SH |  | SOLE |  | 0 | 0 | 676 |
| AMERICAN HOMES 4 RENT | CL A | 02665T306 |  | 293099 | 8815 | SH |  | SOLE |  | 0 | 0 | 8815 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 512725 | 2666 | SH |  | SOLE |  | 0 | 0 | 2666 |
| AMGEN INC | COM | 031162100 |  | 254670 | 902 | SH |  | SOLE |  | 0 | 0 | 902 |
| AMPHENOL CORP NEW | CL A | 032095101 |  | 277571 | 2243 | SH |  | SOLE |  | 0 | 0 | 2243 |
| APPLE INC | COM | 037833100 |  | 6711787 | 26359 | SH |  | SOLE |  | 0 | 0 | 26359 |
| APPLIED MATLS INC | COM | 038222105 |  | 288888 | 1411 | SH |  | SOLE |  | 0 | 0 | 1411 |
| ARISTA NETWORKS INC | COM SHS | 040413205 |  | 239110 | 1641 | SH |  | SOLE |  | 0 | 0 | 1641 |
| AVALONBAY CMNTYS INC | COM | 053484101 |  | 423235 | 2191 | SH |  | SOLE |  | 0 | 0 | 2191 |
| BANK AMERICA CORP | COM | 060505104 |  | 606802 | 11762 | SH |  | SOLE |  | 0 | 0 | 11762 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 1211603 | 2410 | SH |  | SOLE |  | 0 | 0 | 2410 |
| BLACKSTONE INC | COM | 09260D107 |  | 203312 | 1190 | SH |  | SOLE |  | 0 | 0 | 1190 |
| BOEING CO | COM | 097023105 |  | 264176 | 1224 | SH |  | SOLE |  | 0 | 0 | 1224 |
| BXP INC | COM | 101121101 |  | 204509 | 2751 | SH |  | SOLE |  | 0 | 0 | 2751 |
| BRIXMOR PPTY GROUP INC | COM | 11120U105 |  | 312867 | 11303 | SH |  | SOLE |  | 0 | 0 | 11303 |
| BROADCOM INC | COM | 11135F101 |  | 1607322 | 4872 | SH |  | SOLE |  | 0 | 0 | 4872 |
| CAMDEN PPTY TR | SH BEN INT | 133131102 |  | 415801 | 3894 | SH |  | SOLE |  | 0 | 0 | 3894 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 241992 | 1138 | SH |  | SOLE |  | 0 | 0 | 1138 |
| SILA REALTY TRUST INC | COMMON STOCK | 146280508 |  | 210915 | 8403 | SH |  | SOLE |  | 0 | 0 | 8403 |
| CATERPILLAR INC | COM | 149123101 |  | 589280 | 1235 | SH |  | SOLE |  | 0 | 0 | 1235 |
| CHEVRON CORP NEW | COM | 166764100 |  | 513427 | 3306 | SH |  | SOLE |  | 0 | 0 | 3306 |
| CISCO SYS INC | COM | 17275R102 |  | 247475 | 3617 | SH |  | SOLE |  | 0 | 0 | 3617 |
| CITIGROUP INC | COM NEW | 172967424 |  | 226650 | 2233 | SH |  | SOLE |  | 0 | 0 | 2233 |
| COCA COLA CO | COM | 191216100 |  | 359919 | 5427 | SH |  | SOLE |  | 0 | 0 | 5427 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 668584 | 7068 | SH |  | SOLE |  | 0 | 0 | 7068 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 433195 | 468 | SH |  | SOLE |  | 0 | 0 | 468 |
| CULLEN FROST BANKERS INC | COM | 229899109 |  | 256456 | 2023 | SH |  | SOLE |  | 0 | 0 | 2023 |
| DEERE  CO | COM | 244199105 |  | 348081 | 761 | SH |  | SOLE |  | 0 | 0 | 761 |
| DIGITAL RLTY TR INC | COM | 253868103 |  | 497376 | 2877 | SH |  | SOLE |  | 0 | 0 | 2877 |
| DIMENSIONAL ETF TRUST | INTL CORE EQT MK | 25434V203 |  | 269661 | 7418 | SH |  | SOLE |  | 0 | 0 | 7418 |
| DIMENSIONAL ETF TRUST | US EQUITY MARKET | 25434V401 |  | 18474071 | 255026 | SH |  | SOLE |  | 0 | 0 | 255026 |
| DIMENSIONAL ETF TRUST | US SMALL CAP ETF | 25434V500 |  | 1239818 | 18110 | SH |  | SOLE |  | 0 | 0 | 18110 |
| DIMENSIONAL ETF TRUST | US TARGETED VLU | 25434V609 |  | 940787 | 16162 | SH |  | SOLE |  | 0 | 0 | 16162 |
| DIMENSIONAL ETF TRUST | US CORE EQUITY 1 | 25434V625 |  | 231215 | 3214 | SH |  | SOLE |  | 0 | 0 | 3214 |
| DIMENSIONAL ETF TRUST | US CORE EQUITY 2 | 25434V708 |  | 94271898 | 2444177 | SH |  | SOLE |  | 0 | 0 | 2444177 |
| DIMENSIONAL ETF TRUST | US MKTWIDE VALUE | 25434V724 |  | 2303402 | 51542 | SH |  | SOLE |  | 0 | 0 | 51542 |
| DIMENSIONAL ETF TRUST | WORLD EX US CORE | 25434V880 |  | 7270871 | 231704 | SH |  | SOLE |  | 0 | 0 | 231704 |
| EQUINIX INC | COM | 29444U700 |  | 710399 | 907 | SH |  | SOLE |  | 0 | 0 | 907 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 3491044 | 30963 | SH |  | SOLE |  | 0 | 0 | 30963 |
| META PLATFORMS INC | CL A | 30303M102 |  | 1589198 | 2164 | SH |  | SOLE |  | 0 | 0 | 2164 |
| FIDELITY MERRIMACK STR TR | TOTAL BD ETF | 316188309 |  | 3459399 | 74814 | SH |  | SOLE |  | 0 | 0 | 74814 |
| FIRST FINL BANKSHARES INC | COM | 32020R109 |  | 1890698 | 56187 | SH |  | SOLE |  | 0 | 0 | 56187 |
| GE VERNOVA INC | COM | 36828A101 |  | 274245 | 446 | SH |  | SOLE |  | 0 | 0 | 446 |
| GE AEROSPACE | COM NEW | 369604301 |  | 471686 | 1568 | SH |  | SOLE |  | 0 | 0 | 1568 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 282704 | 355 | SH |  | SOLE |  | 0 | 0 | 355 |
| AMERICAN HEALTHCARE REIT INC | COM SHS | 398182303 |  | 354102 | 8429 | SH |  | SOLE |  | 0 | 0 | 8429 |
| HEALTHCARE RLTY TR | CL A COM | 42226K105 |  | 371833 | 20623 | SH |  | SOLE |  | 0 | 0 | 20623 |
| HIGHWOODS PPTYS INC | COM | 431284108 |  | 222899 | 7005 | SH |  | SOLE |  | 0 | 0 | 7005 |
| HOME DEPOT INC | COM | 437076102 |  | 583817 | 1441 | SH |  | SOLE |  | 0 | 0 | 1441 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 993168 | 3520 | SH |  | SOLE |  | 0 | 0 | 3520 |
| INVESCO ACTIVELY MANAGED EXC | ULTRA SHRT DUR | 46090A887 |  | 2085746 | 41521 | SH |  | SOLE |  | 0 | 0 | 41521 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 22302200 | 37147 | SH |  | SOLE |  | 0 | 0 | 37147 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 285878 | 1507 | SH |  | SOLE |  | 0 | 0 | 1507 |
| INVITATION HOMES INC | COM | 46187W107 |  | 270012 | 9206 | SH |  | SOLE |  | 0 | 0 | 9206 |
| ISHARES TR | SELECT DIVID ETF | 464287168 |  | 689327 | 4851 | SH |  | SOLE |  | 0 | 0 | 4851 |
| ISHARES TR | CORE S ETF | 464287200 |  | 1012959 | 1513 | SH |  | SOLE |  | 0 | 0 | 1513 |
| ISHARES TR | IBOXX INV CP ETF | 464287242 |  | 1616231 | 14499 | SH |  | SOLE |  | 0 | 0 | 14499 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 3694286 | 39566 | SH |  | SOLE |  | 0 | 0 | 39566 |
| ISHARES TR | RUS MDCP VAL ETF | 464287473 |  | 1051017 | 7525 | SH |  | SOLE |  | 0 | 0 | 7525 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 |  | 1318044 | 6474 | SH |  | SOLE |  | 0 | 0 | 6474 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 |  | 1270289 | 19270 | SH |  | SOLE |  | 0 | 0 | 19270 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 1209726 | 3835 | SH |  | SOLE |  | 0 | 0 | 3835 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 771801 | 4162 | SH |  | SOLE |  | 0 | 0 | 4162 |
| ELI LILLY  CO | COM | 532457108 |  | 558516 | 732 | SH |  | SOLE |  | 0 | 0 | 732 |
| MARATHON PETE CORP | COM | 56585A102 |  | 276775 | 1436 | SH |  | SOLE |  | 0 | 0 | 1436 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 440828 | 775 | SH |  | SOLE |  | 0 | 0 | 775 |
| MCDONALDS CORP | COM | 580135101 |  | 237946 | 783 | SH |  | SOLE |  | 0 | 0 | 783 |
| MERCK  CO INC | COM | 58933Y105 |  | 411817 | 4907 | SH |  | SOLE |  | 0 | 0 | 4907 |
| MICROSOFT CORP | COM | 594918104 |  | 4293119 | 8289 | SH |  | SOLE |  | 0 | 0 | 8289 |
| MICROVISION INC DEL | COM NEW | 594960304 |  | 36731 | 29622 | SH |  | SOLE |  | 0 | 0 | 29622 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 290897 | 1830 | SH |  | SOLE |  | 0 | 0 | 1830 |
| NETFLIX INC | COM | 64110L106 |  | 570686 | 476 | SH |  | SOLE |  | 0 | 0 | 476 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 286481 | 3795 | SH |  | SOLE |  | 0 | 0 | 3795 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 4712078 | 25255 | SH |  | SOLE |  | 0 | 0 | 25255 |
| ORACLE CORP | COM | 68389X105 |  | 523950 | 1863 | SH |  | SOLE |  | 0 | 0 | 1863 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 486332 | 2666 | SH |  | SOLE |  | 0 | 0 | 2666 |
| PEPSICO INC | COM | 713448108 |  | 337937 | 2406 | SH |  | SOLE |  | 0 | 0 | 2406 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 361872 | 2231 | SH |  | SOLE |  | 0 | 0 | 2231 |
| PHILLIPS 66 | COM | 718546104 |  | 344675 | 2534 | SH |  | SOLE |  | 0 | 0 | 2534 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 463631 | 3017 | SH |  | SOLE |  | 0 | 0 | 3017 |
| PROLOGIS INC. | COM | 74340W103 |  | 664098 | 5799 | SH |  | SOLE |  | 0 | 0 | 5799 |
| PUBLIC STORAGE OPER CO | COM | 74460D109 |  | 364818 | 1263 | SH |  | SOLE |  | 0 | 0 | 1263 |
| QUALCOMM INC | COM | 747525103 |  | 241722 | 1453 | SH |  | SOLE |  | 0 | 0 | 1453 |
| RTX CORPORATION | COM | 75513E101 |  | 436979 | 2611 | SH |  | SOLE |  | 0 | 0 | 2611 |
| REXFORD INDL RLTY INC | COM | 76169C100 |  | 355889 | 8657 | SH |  | SOLE |  | 0 | 0 | 8657 |
| S GLOBAL INC | COM | 78409V104 |  | 223549 | 459 | SH |  | SOLE |  | 0 | 0 | 459 |
| SBA COMMUNICATIONS CORP NEW | CL A | 78410G104 |  | 329306 | 1703 | SH |  | SOLE |  | 0 | 0 | 1703 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 10371203 | 15568 | SH |  | SOLE |  | 0 | 0 | 15568 |
| SPDR DOW JONES INDL AVERAGE | UT SER 1 | 78467X109 |  | 337424 | 728 | SH |  | SOLE |  | 0 | 0 | 728 |
| SCHWAB STRATEGIC TR | US BRD MKT ETF | 808524102 |  | 274851 | 10690 | SH |  | SOLE |  | 0 | 0 | 10690 |
| SCHWAB STRATEGIC TR | US LRG CAP ETF | 808524201 |  | 1782375 | 67668 | SH |  | SOLE |  | 0 | 0 | 67668 |
| SCHWAB STRATEGIC TR | US SML CAP ETF | 808524607 |  | 1784000 | 63943 | SH |  | SOLE |  | 0 | 0 | 63943 |
| SCHWAB STRATEGIC TR | EMRG MKTEQ ETF | 808524706 |  | 394334 | 11817 | SH |  | SOLE |  | 0 | 0 | 11817 |
| SCHWAB STRATEGIC TR | 1000 INDEX ETF | 808524722 |  | 112397834 | 3499310 | SH |  | SOLE |  | 0 | 0 | 3499310 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 |  | 3721894 | 136333 | SH |  | SOLE |  | 0 | 0 | 136333 |
| SCHWAB STRATEGIC TR | INTL EQTY ETF | 808524805 |  | 1869224 | 80293 | SH |  | SOLE |  | 0 | 0 | 80293 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 |  | 7138621 | 79904 | SH |  | SOLE |  | 0 | 0 | 79904 |
| SELECT SECTOR SPDR TR | RL EST SEL SEC | 81369Y860 |  | 19022040 | 451508 | SH |  | SOLE |  | 0 | 0 | 451508 |
| SERVICENOW INC | COM | 81762P102 |  | 202462 | 220 | SH |  | SOLE |  | 0 | 0 | 220 |
| SOUTHERN CO | COM | 842587107 |  | 329515 | 3477 | SH |  | SOLE |  | 0 | 0 | 3477 |
| SPROTT ASSET MANAGEMENT LP | PHYSICAL GOLD TR | 85207H104 |  | 6202132 | 209390 | SH |  | SOLE |  | 0 | 0 | 209390 |
| SPROTT ASSET MANAGEMENT LP | PHYSICAL SILVER | 85207K107 |  | 444546 | 28315 | SH |  | SOLE |  | 0 | 0 | 28315 |
| SUN CMNTYS INC | COM | 866674104 |  | 320307 | 2483 | SH |  | SOLE |  | 0 | 0 | 2483 |
| TESLA INC | COM | 88160R101 |  | 1262560 | 2839 | SH |  | SOLE |  | 0 | 0 | 2839 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 220199 | 454 | SH |  | SOLE |  | 0 | 0 | 454 |
| 3M CO | COM | 88579Y101 |  | 558493 | 3599 | SH |  | SOLE |  | 0 | 0 | 3599 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 211517 | 2159 | SH |  | SOLE |  | 0 | 0 | 2159 |
| UNION PAC CORP | COM | 907818108 |  | 294044 | 1244 | SH |  | SOLE |  | 0 | 0 | 1244 |
| UNITED RENTALS INC | COM | 911363109 |  | 229118 | 240 | SH |  | SOLE |  | 0 | 0 | 240 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 303864 | 880 | SH |  | SOLE |  | 0 | 0 | 880 |
| VANECK MERK GOLD ETF | GOLD SHS | 921078101 |  | 2177698 | 58556 | SH |  | SOLE |  | 0 | 0 | 58556 |
| VANGUARD STAR FDS | VG TL INTL STK F | 921909768 |  | 5070985 | 69031 | SH |  | SOLE |  | 0 | 0 | 69031 |
| VANGUARD ADMIRAL FDS INC | SMLLCP 600 IDX | 921932828 |  | 18096972 | 163818 | SH |  | SOLE |  | 0 | 0 | 163818 |
| VANGUARD ADMIRAL FDS INC | MIDCP 400 IDX | 921932885 |  | 5216780 | 47262 | SH |  | SOLE |  | 0 | 0 | 47262 |
| VANGUARD BD INDEX FDS | INTERMED TERM | 921937819 |  | 3456366 | 44261 | SH |  | SOLE |  | 0 | 0 | 44261 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 |  | 307164 | 4130 | SH |  | SOLE |  | 0 | 0 | 4130 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 9306475 | 155315 | SH |  | SOLE |  | 0 | 0 | 155315 |
| VANGUARD BD INDEX FDS | VANGUARD ULTRA | 92203C303 |  | 2887111 | 57748 | SH |  | SOLE |  | 0 | 0 | 57748 |
| VANGUARD WORLD FD | HEALTH CAR ETF | 92204A504 |  | 355913 | 1371 | SH |  | SOLE |  | 0 | 0 | 1371 |
| VANGUARD WORLD FD | INF TECH ETF | 92204A702 |  | 1371559 | 1837 | SH |  | SOLE |  | 0 | 0 | 1837 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 2676763 | 49405 | SH |  | SOLE |  | 0 | 0 | 49405 |
| VANGUARD SCOTTSDALE FDS | SHORT TERM TREAS | 92206C102 |  | 8759764 | 148849 | SH |  | SOLE |  | 0 | 0 | 148849 |
| VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 92206C409 |  | 5346205 | 66886 | SH |  | SOLE |  | 0 | 0 | 66886 |
| VANGUARD SCOTTSDALE FDS | TOTAL CORP BND | 92206C573 |  | 7107890 | 90685 | SH |  | SOLE |  | 0 | 0 | 90685 |
| VANGUARD SCOTTSDALE FDS | LONG TERM TREAS | 92206C847 |  | 2475684 | 43540 | SH |  | SOLE |  | 0 | 0 | 43540 |
| VANGUARD SCOTTSDALE FDS | INT-TERM CORP | 92206C870 |  | 370556 | 4406 | SH |  | SOLE |  | 0 | 0 | 4406 |
| VENTAS INC | COM | 92276F100 |  | 641388 | 9164 | SH |  | SOLE |  | 0 | 0 | 9164 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 4601423 | 7514 | SH |  | SOLE |  | 0 | 0 | 7514 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 4051226 | 44314 | SH |  | SOLE |  | 0 | 0 | 44314 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 892676 | 3039 | SH |  | SOLE |  | 0 | 0 | 3039 |
| VANGUARD INDEX FDS | LARGE CAP ETF | 922908637 |  | 5076304 | 16489 | SH |  | SOLE |  | 0 | 0 | 16489 |
| VANGUARD INDEX FDS | EXTEND MKT ETF | 922908652 |  | 5394361 | 25768 | SH |  | SOLE |  | 0 | 0 | 25768 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 14872729 | 31010 | SH |  | SOLE |  | 0 | 0 | 31010 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 49131956 | 263456 | SH |  | SOLE |  | 0 | 0 | 263456 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 7615300 | 29948 | SH |  | SOLE |  | 0 | 0 | 29948 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 15929071 | 48539 | SH |  | SOLE |  | 0 | 0 | 48539 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 211605 | 4815 | SH |  | SOLE |  | 0 | 0 | 4815 |
| VICI PPTYS INC | COM | 925652109 |  | 214411 | 6575 | SH |  | SOLE |  | 0 | 0 | 6575 |
| VISA INC | COM CL A | 92826C839 |  | 513848 | 1505 | SH |  | SOLE |  | 0 | 0 | 1505 |
| WALMART INC | COM | 931142103 |  | 823801 | 7993 | SH |  | SOLE |  | 0 | 0 | 7993 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 416418 | 4968 | SH |  | SOLE |  | 0 | 0 | 4968 |
| WELLTOWER INC | COM | 95040Q104 |  | 493448 | 2770 | SH |  | SOLE |  | 0 | 0 | 2770 |
| WHITESTONE REIT | COM | 966084204 |  | 122996 | 10016 | SH |  | SOLE |  | 0 | 0 | 10016 |
| XCEL ENERGY INC | COM | 98389B100 |  | 400831 | 4970 | SH |  | SOLE |  | 0 | 0 | 4970 |

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