# EDGAR Filing Document

**Accession Number:** 0002110834
**File Stem:** 0002110834-26-000003
**Filing Date:** 2026-5
**Character Count:** 20154
**Document Hash:** feedc4d6f731ae7139547cb0bb587ee2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002110834-26-000003.hdr.sgml**: 20260512

**ACCESSION NUMBER**: 0002110834-26-000003

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260512

**DATE AS OF CHANGE**: 20260512

**EFFECTIVENESS DATE**: 20260512

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Tannin Capital LLC
- **CENTRAL INDEX KEY:** 0002110834

**ORGANIZATION NAME:**
- **EIN:** 821348728
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-26481
- **FILM NUMBER:** 26966691

**BUSINESS ADDRESS:**
- **STREET 1:** 1026 JAY STREET, SUITE B153
- **STREET 2:** SUITE B153
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28208
- **BUSINESS PHONE:** 7045521082

**MAIL ADDRESS:**
- **STREET 1:** 1026 JAY STREET
- **STREET 2:** SUITE B153
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28208

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 03-31-2026

**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:** Tannin Capital LLC<br>**Address:** 1026 JAY STREET<br>SUITE B153<br>CHARLOTTE, NC 28208

**Form 13F File Number:** 028-26481

**CRD Number (if applicable):** 000304238

**SEC File Number (if applicable):** 801-116787

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:** Clay H. Young<br>**Title:** Chief Compliance Officer<br>**Phone:** 844-682-6646

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

Connor Burdick  Charlotte, NC  05-12-2026<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:** 152

**Form 13F Information Table Value Total:** $137785216

      (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 |
| AT INC | COM | 00206R102 | BBG001S5VWH2 | 514486 | 17747 | SH |  | SOLE |  | 0 | 0 | 17747 |
| ABBVIE INC | COM | 00287Y109 | BBG0025Y4RZ3 | 2830415 | 13014 | SH |  | SOLE |  | 0 | 0 | 13014 |
| ALPHABET INC | CAP STK CL C | 02079K107 | BBG009S3NB21 | 1351281 | 4711 | SH |  | SOLE |  | 0 | 0 | 4711 |
| ALPHABET INC | CAP STK CL A | 02079K305 | BBG009S39JY5 | 3877459 | 13484 | SH |  | SOLE |  | 0 | 0 | 13484 |
| ANTERO MIDSTREAM CORP | COM | 03676B102 | BBG001SFJXH1 | 224101 | 9829 | SH |  | SOLE |  | 0 | 0 | 9829 |
| BWX TECHNOLOGIES INC | COM | 05605H100 | BBG001SGJPH7 | 391394 | 1914 | SH |  | SOLE |  | 0 | 0 | 1914 |
| BLACKSTONE INC | COM | 09260D107 | BBG001S7H949 | 396486 | 3448 | SH |  | SOLE |  | 0 | 0 | 3448 |
| BOOKING HOLDINGS INC | COM | 09857L108 | BBG001S89N72 | 551552 | 131 | SH |  | SOLE |  | 0 | 0 | 131 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 | BBG001S63L94 | 320151 | 5102 | SH |  | SOLE |  | 0 | 0 | 5102 |
| BROADCOM INC | COM | 11135F101 | BBG00KHY5SY8 | 2746552 | 8874 | SH |  | SOLE |  | 0 | 0 | 8874 |
| CSX CORP | COM | 126408103 | BBG001S5Q7Q3 | 1070666 | 26082 | SH |  | SOLE |  | 0 | 0 | 26082 |
| TOPGOLF CALLAWAY BRANDS CORP | COM | 131193104 | BBG001S70DV8 | 173778 | 12520 | SH |  | SOLE |  | 0 | 0 | 12520 |
| CAPITAL ONE FINL CORP | COM | 14040H105 | BBG001S65PV8 | 905583 | 4964 | SH |  | SOLE |  | 0 | 0 | 4964 |
| CARRIER GLOBAL CORPORATION | COM | 14448C104 | BBG00RP5HZM1 | 207108 | 3678 | SH |  | SOLE |  | 0 | 0 | 3678 |
| CASEYS GEN STORES INC | COM | 147528103 | BBG001S5PHZ2 | 435988 | 599 | SH |  | SOLE |  | 0 | 0 | 599 |
| CATERPILLAR INC | COM | 149123101 | BBG001S5PJ06 | 474668 | 670 | SH |  | SOLE |  | 0 | 0 | 670 |
| CHENIERE ENERGY INC | COM NEW | 16411R208 | BBG001SF4F53 | 528621 | 1863 | SH |  | SOLE |  | 0 | 0 | 1863 |
| CHEVRON CORP NEW | COM | 166764100 | BBG001S67ZC5 | 1568716 | 7582 | SH |  | SOLE |  | 0 | 0 | 7582 |
| CIRCLE INTERNET GROUP INC | COM CL A | 172573107 | BBG01T61V3Q7 | 546604 | 5729 | SH |  | SOLE |  | 0 | 0 | 5729 |
| CISCO SYS INC | COM | 17275R102 | BBG001S6HC62 | 1387232 | 17879 | SH |  | SOLE |  | 0 | 0 | 17879 |
| COLGATE PALMOLIVE CO | COM | 194162103 | BBG001S5PVM5 | 795622 | 9335 | SH |  | SOLE |  | 0 | 0 | 9335 |
| EDWARDS LIFESCIENCES CORPORATION | COM | 28176E108 | BBG001S5TMP5 | 445085 | 5558 | SH |  | SOLE |  | 0 | 0 | 5558 |
| COSTCO WHSL CORP NEW | COM | 22160K105 | BBG001S9KRQ7 | 598854 | 601 | SH |  | SOLE |  | 0 | 0 | 601 |
| AMAZON COM INC | COM | 023135106 | BBG001S5PQL7 | 1338551 | 6427 | SH |  | SOLE |  | 0 | 0 | 6427 |
| DISNEY WALT CO | COM | 254687106 | BBG001S5QHF3 | 351209 | 3644 | SH |  | SOLE |  | 0 | 0 | 3644 |
| DONALDSON INC | COM | 257651109 | BBG001S5QDV4 | 237381 | 2797 | SH |  | SOLE |  | 0 | 0 | 2797 |
| AMERICAN EXPRESS CO | COM | 025816109 | BBG001S5P034 | 264670 | 875 | SH |  | SOLE |  | 0 | 0 | 875 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 | BBG001S5QNR7 | 790092 | 6034 | SH |  | SOLE |  | 0 | 0 | 6034 |
| ABBOTT LABS | COM | 002824100 | BBG001S5N9M6 | 585527 | 5703 | SH |  | SOLE |  | 0 | 0 | 5703 |
| EMCOR GROUP INC | COM | 29084Q100 | BBG001S5QVG1 | 1137736 | 1541 | SH |  | SOLE |  | 0 | 0 | 1541 |
| EMERSON ELEC CO | COM | 291011104 | BBG001S5QVT7 | 1712431 | 13070 | SH |  | SOLE |  | 0 | 0 | 13070 |
| ENTERGY CORP NEW | COM | 29364G103 | BBG001S5SZ29 | 315507 | 2808 | SH |  | SOLE |  | 0 | 0 | 2808 |
| EXPEDITORS INTL WASH INC | COM | 302130109 | BBG001S5QZZ1 | 444586 | 3104 | SH |  | SOLE |  | 0 | 0 | 3104 |
| FTI CONSULTING INC | COM | 302941109 | BBG001SCJVR2 | 254549 | 1440 | SH |  | SOLE |  | 0 | 0 | 1440 |
| META PLATFORMS INC | CL A | 30303M102 | BBG001SQCQC5 | 1478447 | 2584 | SH |  | SOLE |  | 0 | 0 | 2584 |
| FASTENAL CO | COM | 311900104 | BBG001S5R1F7 | 675677 | 14562 | SH |  | SOLE |  | 0 | 0 | 14562 |
| FEDEX CORP | COM | 31428X106 | BBG001S5R3M5 | 668906 | 1878 | SH |  | SOLE |  | 0 | 0 | 1878 |
| FIGMA INC | CLASS A COM STK | 316841105 | BBG00BLZ2CF9 | 370013 | 17503 | SH |  | SOLE |  | 0 | 0 | 17503 |
| AMPLIFY ETF TR | CWP ENHANCED DIV | 032108409 | BBG00M6CCM01 | 1388086 | 30950 | SH |  | SOLE |  | 0 | 0 | 30950 |
| ANALOG DEVICES INC | COM | 032654105 | BBG001S5ND38 | 306369 | 963 | SH |  | SOLE |  | 0 | 0 | 963 |
| FLUOR CORP | COM | 343412102 | BBG001S5R0P8 | 218089 | 4675 | SH |  | SOLE |  | 0 | 0 | 4675 |
| ANNALY CAPITAL MANAGEMENT IN | COM NEW | 035710839 | BBG001S63K43 | 253419 | 11982 | SH |  | SOLE |  | 0 | 0 | 11982 |
| GEOSPACE TECHNOLOGIES CORP | COM | 37364X109 | BBG001S8L318 | 209950 | 17209 | SH |  | SOLE |  | 0 | 0 | 17209 |
| APPLE INC | COM | 037833100 | BBG001S5N8V8 | 4953589 | 19518 | SH |  | SOLE |  | 0 | 0 | 19518 |
| GLOBAL X FDS | 1-3 MONTH T-BILL | 37960A438 | BBG019CCBP47 | 8071453 | 80425 | SH |  | SOLE |  | 0 | 0 | 80425 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 | BBG001SC07Z6 | 2954336 | 3492 | SH |  | SOLE |  | 0 | 0 | 3492 |
| GRACO INC | COM | 384109104 | BBG001S5RK56 | 289164 | 3416 | SH |  | SOLE |  | 0 | 0 | 3416 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 | BBG001S8KK07 | 841528 | 1458 | SH |  | SOLE |  | 0 | 0 | 1458 |
| HOME DEPOT INC | COM | 437076102 | BBG001S5RTW7 | 2088685 | 6351 | SH |  | SOLE |  | 0 | 0 | 6351 |
| HONEYWELL INTL INC | COM | 438516106 | BBG001S5X1N1 | 655487 | 2900 | SH |  | SOLE |  | 0 | 0 | 2900 |
| HUBBELL INC | COM | 443510607 | BBG001S5S1L9 | 266963 | 544 | SH |  | SOLE |  | 0 | 0 | 544 |
| INTEL CORP | COM | 458140100 | BBG001S5SF65 | 538739 | 12208 | SH |  | SOLE |  | 0 | 0 | 12208 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 | BBG001S5S399 | 835034 | 3445 | SH |  | SOLE |  | 0 | 0 | 3445 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 | BBG00KJR2NN7 | 201516 | 1050 | SH |  | SOLE |  | 0 | 0 | 1050 |
| INVESCO EXCH TRADED FD TR II | NASDAQNXTGEN100 | 46138G631 | BBG00XS1BWX5 | 892939 | 24660 | SH |  | SOLE |  | 0 | 0 | 24660 |
| IQVIA HLDGS INC | COM | 46266C105 | BBG00333FZ54 | 284972 | 1671 | SH |  | SOLE |  | 0 | 0 | 1671 |
| ISHARES TR | CORE S ETF | 464287200 | BBG001SFB7R6 | 653863 | 1001 | SH |  | SOLE |  | 0 | 0 | 1001 |
| ISHARES TR | MSCI EAFE ETF | 464287465 | BBG001SG09V7 | 235152 | 2421 | SH |  | SOLE |  | 0 | 0 | 2421 |
| ISHARES TR | CORE S MCP ETF | 464287507 | BBG001SFC7V0 | 1344384 | 19908 | SH |  | SOLE |  | 0 | 0 | 19908 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 | BBG001S562P7 | 1454238 | 6806 | SH |  | SOLE |  | 0 | 0 | 6806 |
| ISHARES TR | S MC 400GR ETF | 464287606 | BBG001SFQL08 | 726476 | 7220 | SH |  | SOLE |  | 0 | 0 | 7220 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 | BBG001S56320 | 1116315 | 2618 | SH |  | SOLE |  | 0 | 0 | 2618 |
| ISHARES TR | CORE S US GWT | 464287671 | BBG001SFQL99 | 901718 | 5813 | SH |  | SOLE |  | 0 | 0 | 5813 |
| ISHARES TR | S SML 600 GWT | 464287887 | BBG001SFQL44 | 698515 | 4827 | SH |  | SOLE |  | 0 | 0 | 4827 |
| ISHARES TR | CORE HIGH DV ETF | 46429B663 | BBG001SF3568 | 646842 | 4766 | SH |  | SOLE |  | 0 | 0 | 4766 |
| ISHARES TR | CORE MSCI TOTAL | 46432F834 | BBG005B3ZH36 | 200312 | 2312 | SH |  | SOLE |  | 0 | 0 | 2312 |
| ISHARES TR | CORE MSCI INTL | 46435G326 | BBG007C3SXZ7 | 334196 | 3999 | SH |  | SOLE |  | 0 | 0 | 3999 |
| IVANHOE ELECTRIC INC | COM | 46578C108 | BBG012WFRMH9 | 641684 | 54288 | SH |  | SOLE |  | 0 | 0 | 54288 |
| JPMORGAN CHASE  CO. | COM | 46625H100 | BBG001S8CRC3 | 4967730 | 16888 | SH |  | SOLE |  | 0 | 0 | 16888 |
| JOHNSON  JOHNSON | COM | 478160104 | BBG001S5SHQ9 | 1954116 | 7994 | SH |  | SOLE |  | 0 | 0 | 7994 |
| KIMBERLY-CLARK CORP | COM | 494368103 | BBG001S5S2M0 | 404209 | 4190 | SH |  | SOLE |  | 0 | 0 | 4190 |
| ELI LILLY  CO | COM | 532457108 | BBG001S5STL8 | 355031 | 386 | SH |  | SOLE |  | 0 | 0 | 386 |
| LOWES COS INC | COM | 548661107 | BBG001S5SVL3 | 212888 | 901 | SH |  | SOLE |  | 0 | 0 | 901 |
| BP PLC | SPONSORED ADR | 055622104 | BBG001S5W4F5 | 565410 | 12030 | SH |  | SOLE |  | 0 | 0 | 12030 |
| MANHATTAN ASSOCIATES INC | COM | 562750109 | BBG001S71S35 | 255724 | 1921 | SH |  | SOLE |  | 0 | 0 | 1921 |
| MCDONALDS CORP | COM | 580135101 | BBG001S5T110 | 468982 | 1509 | SH |  | SOLE |  | 0 | 0 | 1509 |
| MERCADOLIBRE INC | COM | 58733R102 | BBG001SM32G3 | 352720 | 204 | SH |  | SOLE |  | 0 | 0 | 204 |
| MERCK  CO INC | COM | 58933Y105 | BBG001S5TC52 | 225329 | 1873 | SH |  | SOLE |  | 0 | 0 | 1873 |
| MICROSOFT CORP | COM | 594918104 | BBG001S5TD05 | 2292028 | 6192 | SH |  | SOLE |  | 0 | 0 | 6192 |
| BANK AMERICA CORP | COM | 060505104 | BBG001S5P0Y0 | 1104638 | 22659 | SH |  | SOLE |  | 0 | 0 | 22659 |
| MORGAN STANLEY | COM NEW | 617446448 | BBG001S9V5Z3 | 249817 | 1518 | SH |  | SOLE |  | 0 | 0 | 1518 |
| NATERA INC | COM | 632307104 | BBG001V0FSF8 | 294185 | 1471 | SH |  | SOLE |  | 0 | 0 | 1471 |
| NETFLIX INC | COM | 64110L106 | BBG001SF6L46 | 877561 | 9127 | SH |  | SOLE |  | 0 | 0 | 9127 |
| NEWMONT CORP | COM | 651639106 | BBG001S5SPV2 | 226780 | 2095 | SH |  | SOLE |  | 0 | 0 | 2095 |
| NEXTERA ENERGY INC | COM | 65339F101 | BBG001S5RB29 | 224819 | 2421 | SH |  | SOLE |  | 0 | 0 | 2421 |
| NVIDIA CORPORATION | COM | 67066G104 | BBG001S5TZJ6 | 3774418 | 21642 | SH |  | SOLE |  | 0 | 0 | 21642 |
| OCEANEERING INTL INC | COM | 675232102 | BBG001S61HT3 | 374067 | 10546 | SH |  | SOLE |  | 0 | 0 | 10546 |
| OLD DOMINION FREIGHT LINE IN | COM | 679580100 | BBG001S6WQT9 | 309709 | 1585 | SH |  | SOLE |  | 0 | 0 | 1585 |
| ONEOK INC NEW | COM | 682680103 | BBG001S5TWK1 | 1150484 | 12728 | SH |  | SOLE |  | 0 | 0 | 12728 |
| ORACLE CORP | COM | 68389X105 | BBG001S5SJG6 | 446479 | 3035 | SH |  | SOLE |  | 0 | 0 | 3035 |
| RTX CORPORATION | COM | 75513E101 | BBG000BH46Q5 | 1299953 | 6739 | SH |  | SOLE |  | 0 | 0 | 6739 |
| PEPSICO INC | COM | 713448108 | BBG001S695T1 | 1101472 | 7093 | SH |  | SOLE |  | 0 | 0 | 7093 |
| PFIZER INC | COM | 717081103 | BBG001S5V466 | 443524 | 15795 | SH |  | SOLE |  | 0 | 0 | 15795 |
| PRIMERICA INC | COM | 74164M108 | BBG001T5ZSQ6 | 242966 | 970 | SH |  | SOLE |  | 0 | 0 | 970 |
| PROCTER AND GAMBLE CO | COM | 742718109 | BBG001S5V4L9 | 1082578 | 7495 | SH |  | SOLE |  | 0 | 0 | 7495 |
| PROLOGIS INC. | COM | 74340W103 | BBG000BC7H19 | 226028 | 1710 | SH |  | SOLE |  | 0 | 0 | 1710 |
| RAYMOND JAMES FINL INC | COM | 754730109 | BBG001S5VQ03 | 421628 | 2912 | SH |  | SOLE |  | 0 | 0 | 2912 |
| RBC BEARINGS INC | COM | 75524B104 | BBG001SNYTV1 | 499670 | 920 | SH |  | SOLE |  | 0 | 0 | 920 |
| REDWOOD TRUST INC | COM | 758075402 | BBG001SBHVP8 | 155240 | 27672 | SH |  | SOLE |  | 0 | 0 | 27672 |
| ROYAL BK CDA | COM | 780087102 | BBG000BFJL09 | 295734 | 1828 | SH |  | SOLE |  | 0 | 0 | 1828 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 | BBG001S72SM3 | 2243023 | 3449 | SH |  | SOLE |  | 0 | 0 | 3449 |
| SPDR GOLD TR | GOLD SHS | 78463V107 | BBG001S62MJD | 891561 | 2072 | SH |  | SOLE |  | 0 | 0 | 2072 |
| SPDR INDEX SHS FDS | PORTFOLIO DEVLPD | 78463X889 | BBG001SRXRJ1 | 1163390 | 25485 | SH |  | SOLE |  | 0 | 0 | 25485 |
| SPDR DOW JONES INDL AVERAGE | UT SER 1 | 78467X109 | BBG001S8LH99 | 1183914 | 2556 | SH |  | SOLE |  | 0 | 0 | 2556 |
| SALESFORCE INC | COM | 79466L302 | BBG001SDLP09 | 347393 | 1861 | SH |  | SOLE |  | 0 | 0 | 1861 |
| SCHWAB STRATEGIC TR | US BRD MKT ETF | 808524102 | BBG001T5XQT9 | 745551 | 29703 | SH |  | SOLE |  | 0 | 0 | 29703 |
| SCHWAB STRATEGIC TR | US LCAP GR ETF | 808524300 | BBG001T66WN0 | 294067 | 10095 | SH |  | SOLE |  | 0 | 0 | 10095 |
| SELECT SECTOR SPDR TR | STATE STREET MAT | 81369Y100 | BBG001S7R733 | 249600 | 4995 | SH |  | SOLE |  | 0 | 0 | 4995 |
| SELECT SECTOR SPDR TR | STATE STREET HEA | 81369Y209 | BBG001S7SCQ6 | 304216 | 2075 | SH |  | SOLE |  | 0 | 0 | 2075 |
| SELECT SECTOR SPDR TR | STATE STREET CON | 81369Y308 | BBG001S7T107 | 312180 | 3808 | SH |  | SOLE |  | 0 | 0 | 3808 |
| SELECT SECTOR SPDR TR | STATE STREET FIN | 81369Y605 | BBG001S7T223 | 366474 | 7423 | SH |  | SOLE |  | 0 | 0 | 7423 |
| SELECT SECTOR SPDR TR | STATE STREET IND | 81369Y704 | BBG001S7T232 | 292570 | 1809 | SH |  | SOLE |  | 0 | 0 | 1809 |
| SELECT SECTOR SPDR TR | STATE STREET TEC | 81369Y803 | BBG001S7TCZ5 | 216586 | 1630 | SH |  | SOLE |  | 0 | 0 | 1630 |
| SHOPIFY INC | CL A SUB VTG SHS | 82509L107 | BBG004DW5NC7 | 875890 | 7384 | SH |  | SOLE |  | 0 | 0 | 7384 |
| ARS PHARMACEUTICALS INC | COM | 82835W108 | BBG00FZQGXH2 | 149302 | 18593 | SH |  | SOLE |  | 0 | 0 | 18593 |
| SIMPSON MFG INC | COM | 829073105 | BBG001SB9QN0 | 289695 | 1688 | SH |  | SOLE |  | 0 | 0 | 1688 |
| SOUTHERN CO | COM | 842587107 | BBG001S5W777 | 1221557 | 12656 | SH |  | SOLE |  | 0 | 0 | 12656 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 | BBG000DWG505 | 5745120 | 8 | SH |  | SOLE |  | 0 | 0 | 8 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | BBG001S90346 | 1360449 | 2839 | SH |  | SOLE |  | 0 | 0 | 2839 |
| STARBUCKS CORP | COM | 855244109 | BBG001S72KH6 | 335335 | 3743 | SH |  | SOLE |  | 0 | 0 | 3743 |
| STRYKER CORPORATION | COM | 863667101 | BBG001S8FR03 | 382807 | 1165 | SH |  | SOLE |  | 0 | 0 | 1165 |
| SYMBOTIC INC | CLASS A COM | 87151X101 | BBG00Z72HCX9 | 264085 | 4964 | SH |  | SOLE |  | 0 | 0 | 4964 |
| TELEDYNE TECHNOLOGIES INC | COM | 879360105 | BBG001SDK336 | 292825 | 484 | SH |  | SOLE |  | 0 | 0 | 484 |
| TRACTOR SUPPLY CO | COM | 892356106 | BBG001S7K017 | 560361 | 12370 | SH |  | SOLE |  | 0 | 0 | 12370 |
| TRUIST FINL CORP | COM | 89832Q109 | BBG001S5YYC0 | 565390 | 12299 | SH |  | SOLE |  | 0 | 0 | 12299 |
| UBER TECHNOLOGIES INC | COM | 90353T100 | BBG002B04MW4 | 288655 | 4013 | SH |  | SOLE |  | 0 | 0 | 4013 |
| UBIQUITI INC | COM | 90353W103 | BBG001T3PP53 | 241038 | 305 | SH |  | SOLE |  | 0 | 0 | 305 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 | BBG001SDGSH1 | 427068 | 4341 | SH |  | SOLE |  | 0 | 0 | 4341 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 | BBG001S6WCJ1 | 293861 | 1086 | SH |  | SOLE |  | 0 | 0 | 1086 |
| USA RARE EARTH INC | COM | 91733P107 | BBG01HFW5YQ6 | 339584 | 22437 | SH |  | SOLE |  | 0 | 0 | 22437 |
| VANECK ETF TRUST | OIL SERVICES ETF | 92189H607 | BBG000Q3GFG7 | 1879876 | 4651 | SH |  | SOLE |  | 0 | 0 | 4651 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 | BBG001SQX4T3 | 582570 | 2709 | SH |  | SOLE |  | 0 | 0 | 2709 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 | BBG001SS0V24 | 850538 | 5743 | SH |  | SOLE |  | 0 | 0 | 5743 |
| VANGUARD INTL EQUITY INDEX F | TT WRLD ST ETF | 922042742 | BBG001T2YZG9 | 1660117 | 12002 | SH |  | SOLE |  | 0 | 0 | 12002 |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 | BBG001T3T8F5 | 379781 | 5057 | SH |  | SOLE |  | 0 | 0 | 5057 |
| VANGUARD WORLD FD | FINANCIALS ETF | 92204A405 | BBG001SHTTM0 | 342738 | 2837 | SH |  | SOLE |  | 0 | 0 | 2837 |
| VANGUARD WORLD FD | INF TECH ETF | 92204A702 | BBG001SHTTR5 | 552594 | 792 | SH |  | SOLE |  | 0 | 0 | 792 |
| VANGUARD SCOTTSDALE FDS | VNG RUS1000GRW | 92206C680 | BBG001TCH518 | 220961 | 2014 | SH |  | SOLE |  | 0 | 0 | 2014 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 | BBG001TC6MC1 | 3404242 | 5697 | SH |  | SOLE |  | 0 | 0 | 5697 |
| VANGUARD INDEX FDS | MCAP GR IDXVIP | 922908538 | BBG001SRN7S6 | 582383 | 2263 | SH |  | SOLE |  | 0 | 0 | 2263 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 | BBG001SHTTS4 | 2441232 | 5589 | SH |  | SOLE |  | 0 | 0 | 5589 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 | BBG001SHTB03 | 1641880 | 5118 | SH |  | SOLE |  | 0 | 0 | 5118 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 | BBG001S68LJ8 | 271943 | 609 | SH |  | SOLE |  | 0 | 0 | 609 |
| VICOR CORP | COM | 925815102 | BBG001S5W0G9 | 263235 | 1635 | SH |  | SOLE |  | 0 | 0 | 1635 |
| VISA INC | COM CL A | 92826C839 | BBG001SRCFY3 | 1792585 | 5931 | SH |  | SOLE |  | 0 | 0 | 5931 |
| WALMART INC | COM | 931142103 | BBG001S5XH92 | 1556559 | 12525 | SH |  | SOLE |  | 0 | 0 | 12525 |
| WATTS WATER TECHNOLOGIES INC | CL A | 942749102 | BBG001S6N6Y7 | 352122 | 1213 | SH |  | SOLE |  | 0 | 0 | 1213 |
| SEAGATE TECHNOLOGY HLDNGS PL | ORD SHS | G7997R103 | BBG0113JGQG9 | 655414 | 1673 | SH |  | SOLE |  | 0 | 0 | 1673 |
| TE CONNECTIVITY PLC | ORD SHS | G87052109 | BBG01Q08MMX4 | 613265 | 2934 | SH |  | SOLE |  | 0 | 0 | 2934 |
| CHUBB LIMITED | COM | H1467J104 | BBG001S8S1L3 | 518595 | 1591 | SH |  | SOLE |  | 0 | 0 | 1591 |
| GARMIN LTD | SHS | H2906T109 | BBG001SG0H12 | 279340 | 1204 | SH |  | SOLE |  | 0 | 0 | 1204 |
| SPOTIFY TECHNOLOGY S A | SHS | L8681T102 | BBG003T4VFD1 | 672085 | 1386 | SH |  | SOLE |  | 0 | 0 | 1386 |

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