# EDGAR Filing Document

**Accession Number:** 0001507971
**File Stem:** 0001172661-25-002961
**Filing Date:** 2025-8
**Character Count:** 17334
**Document Hash:** d2e5d80362a434358eee5b4cbb107e3f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001172661-25-002961.hdr.sgml**: 20250808

**ACCESSION NUMBER**: 0001172661-25-002961

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250808

**DATE AS OF CHANGE**: 20250808

**EFFECTIVENESS DATE**: 20250808

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** KELLEHER FINANCIAL ADVISORS
- **CENTRAL INDEX KEY:** 0001507971

**ORGANIZATION NAME:**
- **EIN:** 134152843
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-14077
- **FILM NUMBER:** 251196355

**BUSINESS ADDRESS:**
- **STREET 1:** 100 WALL STREET
- **STREET 2:** SUITE 804
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10005
- **BUSINESS PHONE:** 212 709-9400

**MAIL ADDRESS:**
- **STREET 1:** 100 WALL STREET
- **STREET 2:** SUITE 804
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10005

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Wall Street Access Asset Management, LLC
- **DATE OF NAME CHANGE:** 20101215

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 06-30-2025

**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:** KELLEHER FINANCIAL ADVISORS<br>**Address:** 100 Wall Street<br>Suite 804<br>New York, NY 10005

**Form 13F File Number:** 028-14077

**CRD Number (if applicable):** 000126021

**SEC File Number (if applicable):** 801-62029

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:** Art Goetchius<br>**Title:** Chief Compliance Officer<br>**Phone:** 212-709-9460

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

/s/ Art Goetchius  New York, NY  08-08-2025<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:** 138

**Form 13F Information Table Value Total:** $288165447

      (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 |  | 362788 | 2383 | SH |  | SOLE |  | 2383 | 0 | 0 |
| ABBOTT LABS | COM | 002824100 |  | 436320 | 3208 | SH |  | SOLE |  | 3208 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 2138189 | 11519 | SH |  | SOLE |  | 11435 | 0 | 84 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 248079 | 830 | SH |  | SOLE |  | 830 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 1077055 | 9497 | SH |  | SOLE |  | 92 | 0 | 9405 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 10757817 | 60645 | SH |  | SOLE |  | 6576 | 0 | 54069 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 3165761 | 17964 | SH |  | SOLE |  | 8581 | 0 | 9383 |
| AMAZON COM INC | COM | 023135106 |  | 11816544 | 53861 | SH |  | SOLE |  | 26496 | 0 | 27365 |
| AMERICAN CENTY ETF TR | US SML CP VALU | 025072877 |  | 297412 | 3265 | SH |  | SOLE |  | 3265 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 726161 | 2601 | SH |  | SOLE |  | 2601 | 0 | 0 |
| APOLLO GLOBAL MGMT INC | COM | 03769M106 |  | 1524819 | 10748 | SH |  | SOLE |  | 0 | 0 | 10748 |
| APPLE INC | COM | 037833100 |  | 12657471 | 61692 | SH |  | SOLE |  | 33635 | 0 | 28057 |
| ASTRAZENECA PLC | SPONSORED ADR | 046353108 |  | 210688 | 3015 | SH |  | SOLE |  | 3015 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 767758 | 26529 | SH |  | SOLE |  | 22538 | 0 | 3991 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 440789 | 1429 | SH |  | SOLE |  | 1221 | 0 | 208 |
| AVERY DENNISON CORP | COM | 053611109 |  | 355677 | 2027 | SH |  | SOLE |  | 1067 | 0 | 960 |
| BANK AMERICA CORP | COM | 060505104 |  | 1772972 | 37468 | SH |  | SOLE |  | 475 | 0 | 36993 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 |  | 41541600 | 57 | SH |  | SOLE |  | 0 | 0 | 57 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 11423640 | 23517 | SH |  | SOLE |  | 8720 | 0 | 14797 |
| BHP GROUP LTD | SPONSORED ADS | 088606108 |  | 314614 | 6542 | SH |  | SOLE |  | 6542 | 0 | 0 |
| BLACKROCK DEBT STRATEGIES FD | COM NEW | 09255R202 |  | 221409 | 20967 | SH |  | SOLE |  | 20967 | 0 | 0 |
| BLUE OWL CAPITAL CORPORATION | COM | 69121K104 |  | 444428 | 30992 | SH |  | SOLE |  | 30992 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 763527 | 3644 | SH |  | SOLE |  | 1931 | 0 | 1713 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 283673 | 49 | SH |  | SOLE |  | 0 | 0 | 49 |
| BP PLC | SPONSORED ADR | 055622104 |  | 403836 | 13493 | SH |  | SOLE |  | 12053 | 0 | 1440 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 201825 | 4360 | SH |  | SOLE |  | 3150 | 0 | 1210 |
| BROADCOM INC | COM | 11135F101 |  | 640887 | 2325 | SH |  | SOLE |  | 170 | 0 | 2155 |
| BROADRIDGE FINL SOLUTIONS IN | COM | 11133T103 |  | 973335 | 4005 | SH |  | SOLE |  | 0 | 0 | 4005 |
| BROWN  BROWN INC | COM | 115236101 |  | 4661862 | 42048 | SH |  | SOLE |  | 42048 | 0 | 0 |
| BUILDERS FIRSTSOURCE INC | COM | 12008R107 |  | 2694723 | 23093 | SH |  | SOLE |  | 0 | 0 | 23093 |
| CAMECO CORP | COM | 13321L108 |  | 1320997 | 17796 | SH |  | SOLE |  | 17796 | 0 | 0 |
| CARVANA CO | CL A | 146869102 |  | 842400 | 2500 | SH |  | SOLE |  | 2500 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 409817 | 1056 | SH |  | SOLE |  | 981 | 0 | 75 |
| CHEVRON CORP NEW | COM | 166764100 |  | 231968 | 1620 | SH |  | SOLE |  | 1525 | 0 | 95 |
| CISCO SYS INC | COM | 17275R102 |  | 1202623 | 17333 | SH |  | SOLE |  | 9887 | 0 | 7446 |
| CITIGROUP INC | COM NEW | 172967424 |  | 607157 | 7133 | SH |  | SOLE |  | 132 | 0 | 7001 |
| CLEVELAND-CLIFFS INC NEW | COM | 185899101 |  | 84314 | 11094 | SH |  | SOLE |  | 11094 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 588864 | 8323 | SH |  | SOLE |  | 8323 | 0 | 0 |
| CORTEVA INC | COM | 22052L104 |  | 329721 | 4424 | SH |  | SOLE |  | 4213 | 0 | 211 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 555342 | 561 | SH |  | SOLE |  | 134 | 0 | 427 |
| CUMMINS INC | COM | 231021106 |  | 229250 | 700 | SH |  | SOLE |  | 700 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 |  | 236653 | 1198 | SH |  | SOLE |  | 803 | 0 | 395 |
| DEERE  CO | COM | 244199105 |  | 300009 | 590 | SH |  | SOLE |  | 545 | 0 | 45 |
| DIMENSIONAL ETF TRUST | US SMALL CAP ETF | 25434V500 |  | 3110202 | 48818 | SH |  | SOLE |  | 48648 | 0 | 170 |
| DISNEY WALT CO | COM | 254687106 |  | 395057 | 3186 | SH |  | SOLE |  | 3186 | 0 | 0 |
| DOCGO INC | COM | 256086109 |  | 18232 | 11613 | SH |  | SOLE |  | 0 | 0 | 11613 |
| DOUBLELINE INCOME SOLUTIONS | COM | 258622109 |  | 179221 | 14642 | SH |  | SOLE |  | 14642 | 0 | 0 |
| DUPONT DE NEMOURS INC | COM | 26614N102 |  | 673999 | 9827 | SH |  | SOLE |  | 9616 | 0 | 211 |
| EAGLE MATLS INC | COM | 26969P108 |  | 303165 | 1500 | SH |  | SOLE |  | 1500 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 |  | 430173 | 1205 | SH |  | SOLE |  | 1205 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 363772 | 467 | SH |  | SOLE |  | 101 | 0 | 366 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 1570946 | 86649 | SH |  | SOLE |  | 6649 | 0 | 80000 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 1183501 | 10979 | SH |  | SOLE |  | 9840 | 0 | 1139 |
| FEDEX CORP | COM | 31428X106 |  | 218900 | 963 | SH |  | SOLE |  | 150 | 0 | 813 |
| FLUOR CORP NEW | COM | 343412102 |  | 447690 | 8732 | SH |  | SOLE |  | 8732 | 0 | 0 |
| GE AEROSPACE | COM NEW | 369604301 |  | 589938 | 2292 | SH |  | SOLE |  | 1930 | 0 | 362 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 443032 | 1519 | SH |  | SOLE |  | 1300 | 0 | 219 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 895793 | 8080 | SH |  | SOLE |  | 8080 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 1280547 | 1809 | SH |  | SOLE |  | 1665 | 0 | 144 |
| GOLUB CAP BDC INC | COM | 38173M102 |  | 407483 | 27815 | SH |  | SOLE |  | 27815 | 0 | 0 |
| GRAYSCALE BITCOIN TRUST ETF | SHS REP COM UT | 389637109 |  | 666849 | 7861 | SH |  | SOLE |  | 266 | 0 | 7595 |
| HERCULES CAPITAL INC | COM | 427096508 |  | 235156 | 12864 | SH |  | SOLE |  | 12864 | 0 | 0 |
| HILTON WORLDWIDE HLDGS INC | COM | 43300A203 |  | 439461 | 1650 | SH |  | SOLE |  | 0 | 0 | 1650 |
| HOME DEPOT INC | COM | 437076102 |  | 264520 | 721 | SH |  | SOLE |  | 591 | 0 | 130 |
| HONEYWELL INTL INC | COM | 438516106 |  | 429197 | 1843 | SH |  | SOLE |  | 480 | 0 | 1363 |
| HUNTSMAN CORP | COM | 447011107 |  | 280386 | 26908 | SH |  | SOLE |  | 26908 | 0 | 0 |
| IDEXX LABS INC | COM | 45168D104 |  | 433052 | 807 | SH |  | SOLE |  | 807 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 254470 | 11360 | SH |  | SOLE |  | 5579 | 0 | 5781 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 825368 | 2800 | SH |  | SOLE |  | 2405 | 0 | 395 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 3933833 | 21645 | SH |  | SOLE |  | 21645 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 3587502 | 6503 | SH |  | SOLE |  | 1906 | 0 | 4597 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 510115 | 8225 | SH |  | SOLE |  | 0 | 0 | 8225 |
| ISHARES TR | CORE S ETF | 464287200 |  | 46737568 | 75274 | SH |  | SOLE |  | 71933 | 0 | 3341 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 289563 | 682 | SH |  | SOLE |  | 128 | 0 | 554 |
| ISHARES TR | SHORT TREAS BD | 464288679 |  | 3020603 | 27356 | SH |  | SOLE |  | 27131 | 0 | 225 |
| ISHARES TR | TIPS BD ETF | 464287176 |  | 549100 | 4990 | SH |  | SOLE |  | 0 | 0 | 4990 |
| JANUS DETROIT STR TR | HENDRSON AAA CL | 47103U845 |  | 684458 | 13487 | SH |  | SOLE |  | 13487 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 1506777 | 9864 | SH |  | SOLE |  | 8195 | 0 | 1669 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 2699332 | 9311 | SH |  | SOLE |  | 2079 | 0 | 7232 |
| LENZ THERAPEUTICS INC | COM | 52635N103 |  | 498944 | 17023 | SH |  | SOLE |  | 0 | 0 | 17023 |
| LIBERTY MEDIA CORP DEL | COM LBTY ONE S C | 531229755 |  | 680818 | 6515 | SH |  | SOLE |  | 0 | 0 | 6515 |
| MARSH  MCLENNAN COS INC | COM | 571748102 |  | 388524 | 1777 | SH |  | SOLE |  | 134 | 0 | 1643 |
| MCDONALDS CORP | COM | 580135101 |  | 929685 | 3182 | SH |  | SOLE |  | 1277 | 0 | 1905 |
| MERCK  CO INC | COM | 58933Y105 |  | 815899 | 10307 | SH |  | SOLE |  | 7977 | 0 | 2330 |
| META PLATFORMS INC | CL A | 30303M102 |  | 9223647 | 12497 | SH |  | SOLE |  | 1791 | 0 | 10706 |
| MICROSOFT CORP | COM | 594918104 |  | 19628703 | 39461 | SH |  | SOLE |  | 13231 | 0 | 26230 |
| NEBIUS GROUP N.V. | SHS CLASS A | N97284108 |  | 312061 | 5640 | SH |  | SOLE |  | 5640 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 1351749 | 19028 | SH |  | SOLE |  | 19028 | 0 | 0 |
| NORTHFIELD BANCORP INC DEL | COM | 66611T108 |  | 362676 | 31592 | SH |  | SOLE |  | 0 | 0 | 31592 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 2169234 | 13730 | SH |  | SOLE |  | 4162 | 0 | 9568 |
| OAKTREE SPECIALTY LENDING CO | COM | 67401P405 |  | 168286 | 12320 | SH |  | SOLE |  | 12320 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 279409 | 1278 | SH |  | SOLE |  | 1278 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 456556 | 2231 | SH |  | SOLE |  | 2231 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 891110 | 6749 | SH |  | SOLE |  | 4114 | 0 | 2635 |
| PFIZER INC | COM | 717081103 |  | 1085797 | 44793 | SH |  | SOLE |  | 31481 | 0 | 13312 |
| PGIM ETF TR | ACTV HY BD ETF | 69344A206 |  | 250970 | 7072 | SH |  | SOLE |  | 7072 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 247514 | 1359 | SH |  | SOLE |  | 49 | 0 | 1310 |
| PPG INDS INC | COM | 693506107 |  | 591159 | 5197 | SH |  | SOLE |  | 0 | 0 | 5197 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 892083 | 5599 | SH |  | SOLE |  | 3793 | 0 | 1806 |
| PROGRESSIVE CORP | COM | 743315103 |  | 253517 | 950 | SH |  | SOLE |  | 0 | 0 | 950 |
| PURE CYCLE CORP | COM NEW | 746228303 |  | 107200 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 412068 | 2587 | SH |  | SOLE |  | 2587 | 0 | 0 |
| ROCKET COS INC | COM CL A | 77311W101 |  | 313945 | 22140 | SH |  | SOLE |  | 22140 | 0 | 0 |
| RTX CORPORATION | COM | 75513E101 |  | 419077 | 2870 | SH |  | SOLE |  | 2120 | 0 | 750 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 |  | 543826 | 20522 | SH |  | SOLE |  | 482 | 0 | 20040 |
| SCHWAB STRATEGIC TR | US LCAP GR ETF | 808524300 |  | 1014171 | 34720 | SH |  | SOLE |  | 0 | 0 | 34720 |
| SCHWAB STRATEGIC TR | US LCAP VA ETF | 808524409 |  | 808517 | 29220 | SH |  | SOLE |  | 0 | 0 | 29220 |
| SCHWAB STRATEGIC TR | US MID-CAP ETF | 808524508 |  | 229309 | 8175 | SH |  | SOLE |  | 0 | 0 | 8175 |
| SCHWAB STRATEGIC TR | US SML CAP ETF | 808524607 |  | 292215 | 11550 | SH |  | SOLE |  | 0 | 0 | 11550 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 |  | 846828 | 9985 | SH |  | SOLE |  | 0 | 0 | 9985 |
| SLR INVESTMENT CORP | COM | 83413U100 |  | 302595 | 18748 | SH |  | SOLE |  | 18748 | 0 | 0 |
| SPDR DOW JONES INDL AVERAGE | UT SER 1 | 78467X109 |  | 4139025 | 9393 | SH |  | SOLE |  | 0 | 0 | 9393 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 1309811 | 4297 | SH |  | SOLE |  | 3197 | 0 | 1100 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 2918724 | 4724 | SH |  | SOLE |  | 186 | 0 | 4538 |
| STRYKER CORPORATION | COM | 863667101 |  | 428108 | 1082 | SH |  | SOLE |  | 1082 | 0 | 0 |
| TARGET CORP | COM | 87612E106 |  | 289374 | 2933 | SH |  | SOLE |  | 2933 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 1257298 | 3958 | SH |  | SOLE |  | 1123 | 0 | 2835 |
| TEXAS INSTRS INC | COM | 882508104 |  | 521334 | 2511 | SH |  | SOLE |  | 582 | 0 | 1929 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 211244 | 521 | SH |  | SOLE |  | 240 | 0 | 281 |
| TORONTO DOMINION BK ONT | COM NEW | 891160509 |  | 211897 | 2885 | SH |  | SOLE |  | 2885 | 0 | 0 |
| TRUST FOR PROFESSIONAL MANAG | JENSEN QUALITY | 89834G562 |  | 1697772 | 64037 | SH |  | SOLE |  | 64037 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 1705244 | 18277 | SH |  | SOLE |  | 118 | 0 | 18159 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 678385 | 2175 | SH |  | SOLE |  | 67 | 0 | 2108 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 505547 | 890 | SH |  | SOLE |  | 0 | 0 | 890 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 5737334 | 32462 | SH |  | SOLE |  | 0 | 0 | 32462 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 1857231 | 6637 | SH |  | SOLE |  | 45 | 0 | 6592 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 2817929 | 11891 | SH |  | SOLE |  | 0 | 0 | 11891 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 853739 | 2809 | SH |  | SOLE |  | 0 | 0 | 2809 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 5233181 | 11937 | SH |  | SOLE |  | 0 | 0 | 11937 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 965499 | 10841 | SH |  | SOLE |  | 0 | 0 | 10841 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 3822212 | 18675 | SH |  | SOLE |  | 7 | 0 | 18668 |
| VANGUARD STAR FDS | VG TL INTL STK F | 921909768 |  | 533375 | 7720 | SH |  | SOLE |  | 0 | 0 | 7720 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 590909 | 10365 | SH |  | SOLE |  | 0 | 0 | 10365 |
| VANGUARD WORLD FD | HEALTH CAR ETF | 92204A504 |  | 620354 | 2498 | SH |  | SOLE |  | 0 | 0 | 2498 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 1024359 | 23674 | SH |  | SOLE |  | 18574 | 0 | 5100 |
| VISA INC | COM CL A | 92826C839 |  | 682052 | 1921 | SH |  | SOLE |  | 155 | 0 | 1766 |
| VISTRA CORP | COM | 92840M102 |  | 536854 | 2770 | SH |  | SOLE |  | 0 | 0 | 2770 |
| WESTERN ASSET HIGH INCOME OP | COM | 95766K109 |  | 124829 | 31364 | SH |  | SOLE |  | 31364 | 0 | 0 |

---