# EDGAR Filing Document

**Accession Number:** 0001697717
**File Stem:** 0001697717-26-000004
**Filing Date:** 2026-4
**Character Count:** 19671
**Document Hash:** b273190cfcf0ce4a5fbc2aeede32785b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001697717-26-000004.hdr.sgml**: 20260414

**ACCESSION NUMBER**: 0001697717-26-000004

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260414

**DATE AS OF CHANGE**: 20260414

**EFFECTIVENESS DATE**: 20260414

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Covenant Asset Management, LLC
- **CENTRAL INDEX KEY:** 0001697717

**ORGANIZATION NAME:**
- **EIN:** 223629875
- **STATE OF INCORPORATION:** NJ
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-17750
- **FILM NUMBER:** 26861307

**BUSINESS ADDRESS:**
- **STREET 1:** 125 MAPLE AVENUE
- **CITY:** CHESTER
- **STATE:** NJ
- **ZIP:** 07930
- **BUSINESS PHONE:** 9088795330

**MAIL ADDRESS:**
- **STREET 1:** 125 MAPLE AVENUE
- **CITY:** CHESTER
- **STATE:** NJ
- **ZIP:** 07930

### 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:** Covenant Asset Management LLC<br>**Address:** 125 MAPLE AVENUE<br>CHESTER, NJ 07930

**Form 13F File Number:** 028-17750

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:** William Cunliffe<br>**Title:** Chief Compliance Officer and Portfolio Manager<br>**Phone:** 9084305332

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

William Cunliffe  Chester, NJ  04-14-2026<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:** 165

**Form 13F Information Table Value Total:** $664214100

      (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 |
| ABBOTT LABORATORIES | COM | 002824100 |  | 533063 | 5192 | SH |  | SOLE |  | 0 | 0 | 5192 |
| ABBVIE INC | COM | 00287Y109 |  | 4623403 | 21258 | SH |  | SOLE |  | 0 | 0 | 21258 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 371057 | 1824 | SH |  | SOLE |  | 0 | 0 | 1824 |
| AFLAC INC | COM | 001055102 |  | 1094358 | 9975 | SH |  | SOLE |  | 0 | 0 | 9975 |
| AIR PRODUCTS AND CHEMICALS I | COM | 009158106 |  | 1123325 | 3867 | SH |  | SOLE |  | 0 | 0 | 3867 |
| ALPHABET INC | CALL | 02079K305 |  | 2588040 | 9000 | PRN | Call | SOLE |  | 0 | 0 | 9000 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 12653791 | 44004 | SH |  | SOLE |  | 0 | 0 | 44004 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 4351667 | 15170 | SH |  | SOLE |  | 0 | 0 | 15170 |
| ALPHABET INC | PUT | 02079K107 |  | 3729180 | 13000 | PRN | Put | SOLE |  | 0 | 0 | 13000 |
| ALPHABET INC | PUT | 02079K305 |  | 2875600 | 10000 | PRN | Put | SOLE |  | 0 | 0 | 10000 |
| ALPS ETF TR | ALERIAN MLP | 00162Q452 |  | 2319793 | 44069 | SH |  | SOLE |  | 0 | 0 | 44069 |
| AMAZON COM INC | CALL | 023135106 |  | 2124354 | 10200 | PRN | Call | SOLE |  | 0 | 0 | 10200 |
| AMAZON COM INC | COM | 023135106 |  | 16214237 | 77852 | SH |  | SOLE |  | 0 | 0 | 77852 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 5677550 | 18770 | SH |  | SOLE |  | 0 | 0 | 18770 |
| AMGEN INC | COM | 031162100 |  | 1194179 | 3394 | SH |  | SOLE |  | 0 | 0 | 3394 |
| ANALOG DEVICES INC | COM | 032654105 |  | 5937129 | 18662 | SH |  | SOLE |  | 0 | 0 | 18662 |
| APPLE INC | COM | 037833100 |  | 21110561 | 83181 | SH |  | SOLE |  | 0 | 0 | 83181 |
| APPLOVIN CORP | COM CL A | 03831W108 |  | 200194 | 503 | SH |  | SOLE |  | 0 | 0 | 503 |
| ARGAN INC | COM | 04010E109 |  | 4748259 | 8718 | SH |  | SOLE |  | 0 | 0 | 8718 |
| ARISTA NETWORKS INC | COM SHS | 040413205 |  | 6050353 | 49278 | SH |  | SOLE |  | 0 | 0 | 49278 |
| ARK ETF TR | INNOVATION ETF | 00214Q104 |  | 235214 | 3480 | SH |  | SOLE |  | 0 | 0 | 3480 |
| ARM HOLDINGS PLC | SPONSORED ADS | 042068205 |  | 423584 | 2800 | SH |  | SOLE |  | 0 | 0 | 2800 |
| ASML HLDG NV | N Y REGISTRY SHS | N07059210 |  | 11042139 | 8360 | SH |  | SOLE |  | 0 | 0 | 8360 |
| ASML HLDG NV | PUT | N07059210 |  | 19812450 | 15000 | PRN | Put | SOLE |  | 0 | 0 | 15000 |
| ASTRAZENECA PLC | ORD | G0593M107 |  | 8649084 | 43855 | SH |  | SOLE |  | 0 | 0 | 43855 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 3493147 | 17192 | SH |  | SOLE |  | 0 | 0 | 17192 |
| BANK AMERICA CORP | COM | 060505104 |  | 1154010 | 23672 | SH |  | SOLE |  | 0 | 0 | 23672 |
| BIGBEAR AI HLDGS INC | COM | 08975B109 |  | 73392 | 20850 | SH |  | SOLE |  | 0 | 0 | 20850 |
| BLACKROCK CORPOR HI YLD FD I | COM | 09255P107 |  | 1585954 | 186145 | SH |  | SOLE |  | 0 | 0 | 186145 |
| BLACKROCK INC | COM | 09290D101 |  | 2606235 | 2710 | SH |  | SOLE |  | 0 | 0 | 2710 |
| BLACKROCK MUN TARGET TERM TR | COM SHS BEN IN | 09257P105 |  | 419723 | 18490 | SH |  | SOLE |  | 0 | 0 | 18490 |
| BLACKSTONE INC | COM | 09260D107 |  | 1692310 | 14717 | SH |  | SOLE |  | 0 | 0 | 14717 |
| BLOOM ENERGY CORP | COM CL A | 093712107 |  | 3505669 | 25874 | SH |  | SOLE |  | 0 | 0 | 25874 |
| BLOOM ENERGY CORP | PUT | 093712107 |  | 2845290 | 21000 | PRN | Put | SOLE |  | 0 | 0 | 21000 |
| BOOKING HOLDINGS INC | CALL | 09857L108 |  | 5052384 | 1200 | PRN | Call | SOLE |  | 0 | 0 | 1200 |
| BOOKING HOLDINGS INC | PUT | 09857L108 |  | 8841672 | 2100 | PRN | Put | SOLE |  | 0 | 0 | 2100 |
| BROADCOM INC | CALL | 11135F101 |  | 2011815 | 6500 | PRN | Call | SOLE |  | 0 | 0 | 6500 |
| BROADCOM INC | COM | 11135F101 |  | 17173782 | 55487 | SH |  | SOLE |  | 0 | 0 | 55487 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 4598331 | 25206 | SH |  | SOLE |  | 0 | 0 | 25206 |
| CARDINAL HEALTH INC | COM | 14149Y108 |  | 3149999 | 14907 | SH |  | SOLE |  | 0 | 0 | 14907 |
| CARRIER GLOBAL CORPORATION | COM | 14448C104 |  | 287181 | 5100 | SH |  | SOLE |  | 0 | 0 | 5100 |
| CATERPILLAR INC | COM | 149123101 |  | 1911426 | 2698 | SH |  | SOLE |  | 0 | 0 | 2698 |
| CATERPILLAR INC | PUT | 149123101 |  | 8501520 | 12000 | PRN | Put | SOLE |  | 0 | 0 | 12000 |
| CBOE GLOBAL MKTS INC | COM | 12503M108 |  | 4822881 | 17159 | SH |  | SOLE |  | 0 | 0 | 17159 |
| CHENIERE ENERGY PARTNERS L P | COM UNIT | 16411Q101 |  | 471476 | 7295 | SH |  | SOLE |  | 0 | 0 | 7295 |
| CHEVRON CORPORATION | COM | 166764100 |  | 1466715 | 7089 | SH |  | SOLE |  | 0 | 0 | 7089 |
| CITIZENS FINL GROUP INC | COM | 174610105 |  | 1395922 | 23277 | SH |  | SOLE |  | 0 | 0 | 23277 |
| COINBASE GLOBAL INC | COM CL A | 19260Q107 |  | 859955 | 4925 | SH |  | SOLE |  | 0 | 0 | 4925 |
| COSTCO WHOLESALE CORPORATION | COM | 22160K105 |  | 4151379 | 4166 | SH |  | SOLE |  | 0 | 0 | 4166 |
| COSTCO WHOLESALE CORPORATION | PUT | 22160K105 |  | 9964300 | 10000 | PRN | Put | SOLE |  | 0 | 0 | 10000 |
| DANAHER CORP DEL | COM | 235851102 |  | 557424 | 2940 | SH |  | SOLE |  | 0 | 0 | 2940 |
| EATON CORP PLC | SHS | G29183103 |  | 1704298 | 4765 | SH |  | SOLE |  | 0 | 0 | 4765 |
| ELI LILLY  CO | COM | 532457108 |  | 8244465 | 8964 | SH |  | SOLE |  | 0 | 0 | 8964 |
| ELI LILLY  CO | PUT | 532457108 |  | 9197700 | 10000 | PRN | Put | SOLE |  | 0 | 0 | 10000 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 540651 | 28013 | SH |  | SOLE |  | 0 | 0 | 28013 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 2012294 | 53179 | SH |  | SOLE |  | 0 | 0 | 53179 |
| FASTENAL CO | COM | 311900104 |  | 1274098 | 27459 | SH |  | SOLE |  | 0 | 0 | 27459 |
| FTAI AVIATION LTD | SHS | G3730V105 |  | 4367370 | 17826 | SH |  | SOLE |  | 0 | 0 | 17826 |
| GE AEROSPACE | COM NEW | 369604301 |  | 6323247 | 22283 | SH |  | SOLE |  | 0 | 0 | 22283 |
| GE VERNOVA INC | COM | 36828A101 |  | 14726696 | 16871 | SH |  | SOLE |  | 0 | 0 | 16871 |
| GE VERNOVA INC | PUT | 36828A101 |  | 7245070 | 8300 | PRN | Put | SOLE |  | 0 | 0 | 8300 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 5572537 | 6587 | SH |  | SOLE |  | 0 | 0 | 6587 |
| HOME DEPOT INC | COM | 437076102 |  | 2056550 | 6253 | SH |  | SOLE |  | 0 | 0 | 6253 |
| HONEYWELL INTL INC | COM | 438516106 |  | 814161 | 3602 | SH |  | SOLE |  | 0 | 0 | 3602 |
| HOWMET AEROSPACE INC | COM | 443201108 |  | 11193904 | 48572 | SH |  | SOLE |  | 0 | 0 | 48572 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 910456 | 1975 | SH |  | SOLE |  | 0 | 0 | 1975 |
| INVESCO EXCHANGE TRADED FD T | LARGE CAP GROWTH | 46137V746 |  | 733543 | 5825 | SH |  | SOLE |  | 0 | 0 | 5825 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 1428461 | 7443 | SH |  | SOLE |  | 0 | 0 | 7443 |
| INVESCO QQQ TR | CALL | 46090E103 |  | 17315400 | 30000 | PRN | Call | SOLE |  | 0 | 0 | 30000 |
| INVESCO QQQ TR | PUT | 46090E103 |  | 24530150 | 42500 | PRN | Put | SOLE |  | 0 | 0 | 42500 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 5348428 | 9266 | SH |  | SOLE |  | 0 | 0 | 9266 |
| ISHARES TR | CORE DIV GRWTH | 46434V621 |  | 221138 | 3151 | SH |  | SOLE |  | 0 | 0 | 3151 |
| ISHARES TR | CORE HIGH DV ETF | 46429B663 |  | 247418 | 1823 | SH |  | SOLE |  | 0 | 0 | 1823 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 245810 | 3640 | SH |  | SOLE |  | 0 | 0 | 3640 |
| ISHARES TR | NATIONAL MUN ETF | 464288414 |  | 443071 | 4174 | SH |  | SOLE |  | 0 | 0 | 4174 |
| ISHARES TR | S 500 GRWT ETF | 464287309 |  | 211403 | 1869 | SH |  | SOLE |  | 0 | 0 | 1869 |
| ISHARES TR | U.S. REAL ES ETF | 464287739 |  | 620030 | 6557 | SH |  | SOLE |  | 0 | 0 | 6557 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 3292986 | 13472 | SH |  | SOLE |  | 0 | 0 | 13472 |
| JPMORGAN CHASE  CO | CALL | 46625H100 |  | 588320 | 2000 | PRN | Call | SOLE |  | 0 | 0 | 2000 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 7620360 | 25905 | SH |  | SOLE |  | 0 | 0 | 25905 |
| JPMORGAN CHASE FINL CO LLC | CAL LKD 44 | 48133Q309 |  | 378715 | 10955 | SH |  | SOLE |  | 0 | 0 | 10955 |
| KLA CORP | COM NEW | 482480100 |  | 10979762 | 7457 | SH |  | SOLE |  | 0 | 0 | 7457 |
| KLA CORP | PUT | 482480100 |  | 7362050 | 5000 | PRN | Put | SOLE |  | 0 | 0 | 5000 |
| L3HARRIS TECHNOLOGIES INC | COM | 502431109 |  | 1281542 | 3713 | SH |  | SOLE |  | 0 | 0 | 3713 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 288441 | 1350 | SH |  | SOLE |  | 0 | 0 | 1350 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 482908 | 799 | SH |  | SOLE |  | 0 | 0 | 799 |
| MCCORMICK  CO INC | COM NON VTG | 579780206 |  | 223450 | 4430 | SH |  | SOLE |  | 0 | 0 | 4430 |
| MERCADOLIBRE INC | PUT | 58733R102 |  | 6051570 | 3500 | PRN | Put | SOLE |  | 0 | 0 | 3500 |
| MERCK  CO INC | COM | 58933Y105 |  | 6654443 | 55320 | SH |  | SOLE |  | 0 | 0 | 55320 |
| META PLATFORMS INC | CL A | 30303M102 |  | 11414947 | 19952 | SH |  | SOLE |  | 0 | 0 | 19952 |
| META PLATFORMS INC | PUT | 30303M102 |  | 5721300 | 10000 | PRN | Put | SOLE |  | 0 | 0 | 10000 |
| MICROSOFT CORP | CALL | 594918104 |  | 740340 | 2000 | PRN | Call | SOLE |  | 0 | 0 | 2000 |
| MICROSOFT CORP | COM | 594918104 |  | 24714216 | 66765 | SH |  | SOLE |  | 0 | 0 | 66765 |
| MONOLITHIC PWR SYS INC | COM | 609839105 |  | 488728 | 447 | SH |  | SOLE |  | 0 | 0 | 447 |
| MONOLITHIC PWR SYS INC | PUT | 609839105 |  | 25693725 | 23500 | PRN | Put | SOLE |  | 0 | 0 | 23500 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 2712208 | 16481 | SH |  | SOLE |  | 0 | 0 | 16481 |
| NETFLIX INC. | CALL | 64110L106 |  | 480750 | 5000 | PRN | Call | SOLE |  | 0 | 0 | 5000 |
| NETFLIX INC. | COM | 64110L106 |  | 9934603 | 103324 | SH |  | SOLE |  | 0 | 0 | 103324 |
| NEW YORK LIFE INVESTMENTS ET | NYLI FTSE INTERN | 45409B560 |  | 401550 | 11958 | SH |  | SOLE |  | 0 | 0 | 11958 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 497373 | 5355 | SH |  | SOLE |  | 0 | 0 | 5355 |
| NRG ENERGY INC | COM NEW | 629377508 |  | 226371 | 1549 | SH |  | SOLE |  | 0 | 0 | 1549 |
| NVIDIA CORPORATION | CALL | 67066G104 |  | 2092800 | 12000 | PRN | Call | SOLE |  | 0 | 0 | 12000 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 43006235 | 246595 | SH |  | SOLE |  | 0 | 0 | 246595 |
| OLD DOMINION FREIGHT LINE IN | COM | 679580100 |  | 5081964 | 26008 | SH |  | SOLE |  | 0 | 0 | 26008 |
| ONDAS INC | COM NEW | 68236H204 |  | 108480 | 12000 | SH |  | SOLE |  | 0 | 0 | 12000 |
| ONEOK INC NEW | COM | 682680103 |  | 507992 | 5620 | SH |  | SOLE |  | 0 | 0 | 5620 |
| ORACLE CORP | COM | 68389X105 |  | 3769005 | 25620 | SH |  | SOLE |  | 0 | 0 | 25620 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 4850938 | 33162 | SH |  | SOLE |  | 0 | 0 | 33162 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 1602720 | 9997 | SH |  | SOLE |  | 0 | 0 | 9997 |
| PAYCHEX INC | COM | 704326107 |  | 499936 | 5427 | SH |  | SOLE |  | 0 | 0 | 5427 |
| PEPSICO INC | COM | 713448108 |  | 423166 | 2725 | SH |  | SOLE |  | 0 | 0 | 2725 |
| PHILLIPS 66 | COM | 718546104 |  | 238656 | 1310 | SH |  | SOLE |  | 0 | 0 | 1310 |
| PIMCO CORPORATE  INCOME OPP | COM | 72201B101 |  | 1520537 | 126081 | SH |  | SOLE |  | 0 | 0 | 126081 |
| PROCTER  GAMBLE CO | COM | 742718109 |  | 250748 | 1736 | SH |  | SOLE |  | 0 | 0 | 1736 |
| PROLOGIS INC. | COM | 74340W103 |  | 260924 | 1974 | SH |  | SOLE |  | 0 | 0 | 1974 |
| QUALCOMM INC | COM | 747525103 |  | 2135559 | 16583 | SH |  | SOLE |  | 0 | 0 | 16583 |
| QUANTA SVCS INC | COM | 74762E102 |  | 13935775 | 25383 | SH |  | SOLE |  | 0 | 0 | 25383 |
| RBC BEARINGS INC | COM | 75524B104 |  | 5123795 | 9434 | SH |  | SOLE |  | 0 | 0 | 9434 |
| RH | COM | 74967X103 |  | 1919729 | 13730 | SH |  | SOLE |  | 0 | 0 | 13730 |
| ROBINHOOD MKTS INC | COM CL A | 770700102 |  | 6230278 | 89903 | SH |  | SOLE |  | 0 | 0 | 89903 |
| RTX CORPORATION | COM | 75513E101 |  | 1701957 | 8823 | SH |  | SOLE |  | 0 | 0 | 8823 |
| SERVICENOW INC | COM | 81762P102 |  | 263466 | 2520 | SH |  | SOLE |  | 0 | 0 | 2520 |
| SHOPIFY INC | CALL | 82509L107 |  | 1008270 | 8500 | PRN | Call | SOLE |  | 0 | 0 | 8500 |
| SHOPIFY INC | CL A SUB VTG SHS | 82509L107 |  | 11089666 | 93489 | SH |  | SOLE |  | 0 | 0 | 93489 |
| SOLAREDGE TECHNOLOGIES INC | COM | 83417M104 |  | 1429400 | 28000 | SH |  | SOLE |  | 0 | 0 | 28000 |
| SOUNDHOUND AI INC | CLASS A COM | 836100107 |  | 69387 | 10100 | SH |  | SOLE |  | 0 | 0 | 10100 |
| SOUTHERN CO | COM | 842587107 |  | 212344 | 2200 | SH |  | SOLE |  | 0 | 0 | 2200 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A870 |  | 299272 | 2343 | SH |  | SOLE |  | 0 | 0 | 2343 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A763 |  | 309831 | 2123 | SH |  | SOLE |  | 0 | 0 | 2123 |
| SPOTIFY TECHNOLOGY S A | SHS | L8681T102 |  | 4815642 | 9931 | SH |  | SOLE |  | 0 | 0 | 9931 |
| SPROTT ASSET MANAGEMENT LP | PHYSICAL GOLD AN | 85208R101 |  | 437307 | 9164 | SH |  | SOLE |  | 0 | 0 | 9164 |
| STARBUCKS CORP | COM | 855244109 |  | 748973 | 8360 | SH |  | SOLE |  | 0 | 0 | 8360 |
| STATE STR SPDR S 500 ETF T | TR UNIT | 78462F103 |  | 8112992 | 12475 | SH |  | SOLE |  | 0 | 0 | 12475 |
| STIFEL FINL CORP | COM | 860630102 |  | 4440855 | 60077 | SH |  | SOLE |  | 0 | 0 | 60077 |
| STRATEGY INC | CL A NEW | 594972408 |  | 700877 | 5616 | SH |  | SOLE |  | 0 | 0 | 5616 |
| TAIWAN SEMICONDUCTOR MANUFAC | SPONSORED ADS | 874039100 |  | 7204757 | 21319 | SH |  | SOLE |  | 0 | 0 | 21319 |
| TESLA INC | COM | 88160R101 |  | 6691872 | 18001 | SH |  | SOLE |  | 0 | 0 | 18001 |
| TEXAS INSTRS INC | COM | 882508104 |  | 1455274 | 7496 | SH |  | SOLE |  | 0 | 0 | 7496 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 1276504 | 2597 | SH |  | SOLE |  | 0 | 0 | 2597 |
| TJX COS INC NEW | COM | 872540109 |  | 706673 | 4425 | SH |  | SOLE |  | 0 | 0 | 4425 |
| TORONTO DOMINION BK ONT | COM NEW | 891160509 |  | 479801 | 5142 | SH |  | SOLE |  | 0 | 0 | 5142 |
| TRACTOR SUPPLY CO | COM | 892356106 |  | 444393 | 9810 | SH |  | SOLE |  | 0 | 0 | 9810 |
| TRANSDIGM GROUP INC | COM | 893641100 |  | 222521 | 192 | SH |  | SOLE |  | 0 | 0 | 192 |
| UNION PAC CORP | COM | 907818108 |  | 401537 | 1655 | SH |  | SOLE |  | 0 | 0 | 1655 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 392858 | 1590 | SH |  | SOLE |  | 0 | 0 | 1590 |
| VANGUARD BD INDEX FDS | INTERMED TERM | 921937819 |  | 2507424 | 32488 | SH |  | SOLE |  | 0 | 0 | 32488 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 3248845 | 7438 | SH |  | SOLE |  | 0 | 0 | 7438 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 1010300 | 3518 | SH |  | SOLE |  | 0 | 0 | 3518 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 1649820 | 18600 | SH |  | SOLE |  | 0 | 0 | 18600 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 501942 | 840 | SH |  | SOLE |  | 0 | 0 | 840 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 524626 | 2003 | SH |  | SOLE |  | 0 | 0 | 2003 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 1876097 | 5848 | SH |  | SOLE |  | 0 | 0 | 5848 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 2045876 | 10428 | SH |  | SOLE |  | 0 | 0 | 10428 |
| VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 92206C409 |  | 245500 | 3097 | SH |  | SOLE |  | 0 | 0 | 3097 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 557651 | 2593 | SH |  | SOLE |  | 0 | 0 | 2593 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 |  | 709992 | 4794 | SH |  | SOLE |  | 0 | 0 | 4794 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 |  | 5394650 | 12081 | SH |  | SOLE |  | 0 | 0 | 12081 |
| VISA INC | COM CL A | 92826C839 |  | 2030751 | 6719 | SH |  | SOLE |  | 0 | 0 | 6719 |
| WALMART INC | COM | 931142103 |  | 276151 | 2222 | SH |  | SOLE |  | 0 | 0 | 2222 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 2666051 | 11602 | SH |  | SOLE |  | 0 | 0 | 11602 |
| WELLTOWER INC | COM | 95040Q104 |  | 511872 | 2589 | SH |  | SOLE |  | 0 | 0 | 2589 |
| WILLIAMS SONOMA INC | COM | 969904101 |  | 274042 | 1503 | SH |  | SOLE |  | 0 | 0 | 1503 |
| WISDOMTREE TR | EMG MKTS SMCAP | 97717W281 |  | 755758 | 12575 | SH |  | SOLE |  | 0 | 0 | 12575 |
| WISDOMTREE TR | ENHNCD CMMDTY ST | 97717Y683 |  | 430394 | 17978 | SH |  | SOLE |  | 0 | 0 | 17978 |
| WISDOMTREE TR | US QTLY DIV GRT | 97717X669 |  | 485229 | 5524 | SH |  | SOLE |  | 0 | 0 | 5524 |

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