# EDGAR Filing Document

**Accession Number:** 0001138486
**File Stem:** 0001172661-25-002618
**Filing Date:** 2025-7
**Character Count:** 24106
**Document Hash:** 36f664e698205b02d02fc21485179f4c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001172661-25-002618.hdr.sgml**: 20250716

**ACCESSION NUMBER**: 0001172661-25-002618

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250716

**DATE AS OF CHANGE**: 20250716

**EFFECTIVENESS DATE**: 20250716

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** 1834 INVESTMENT ADVISORS CO
- **CENTRAL INDEX KEY:** 0001138486

**ORGANIZATION NAME:**
- **EIN:** 391230894
- **STATE OF INCORPORATION:** WI
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-06523
- **FILM NUMBER:** 251126928

**BUSINESS ADDRESS:**
- **STREET 1:** 511 N. BROADWAY ST.
- **STREET 2:** SUITE 801
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 4142780590

**MAIL ADDRESS:**
- **STREET 1:** 511 N. BROADWAY ST.
- **STREET 2:** SUITE 801
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NORTHERN OAK WEALTH MANAGEMENT INC
- **DATE OF NAME CHANGE:** 20150211

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NORTHERN OAK CAPITAL MANAGEMENT INC
- **DATE OF NAME CHANGE:** 20020514

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HAKER ZELLMER INVESTMENT MANAGEMENT INC
- **DATE OF NAME CHANGE:** 20010416

### 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:** 1834 INVESTMENT ADVISORS CO<br>**Address:** 511 N. Broadway St.<br>Suite 801<br>Milwaukee, WI 53202

**Form 13F File Number:** 028-06523

**CRD Number (if applicable):** 000105435

**SEC File Number (if applicable):** 801-11335

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:** David Bucur<br>**Title:** Chief Compliance Officer<br>**Phone:** 812-464-1463

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

/s/ David Bucur  Milwaukee, WI  07-16-2025<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:** 205

**Form 13F Information Table Value Total:** $789820342

      (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 |  | 889539 | 5843 | SH |  | SOLE |  | 0 | 0 | 5843 |
| ABBOTT LABS | COM | 002824100 |  | 979000 | 7198 | SH |  | SOLE |  | 0 | 0 | 7198 |
| ABBVIE INC | COM | 00287Y109 |  | 1018869 | 5489 | SH |  | SOLE |  | 0 | 0 | 5489 |
| ADOBE INC | COM | 00724F101 |  | 829471 | 2144 | SH |  | SOLE |  | 0 | 0 | 2144 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 754625 | 5318 | SH |  | SOLE |  | 0 | 0 | 5318 |
| AIR PRODS  CHEMS INC | COM | 009158106 |  | 511939 | 1815 | SH |  | SOLE |  | 0 | 0 | 1815 |
| ALBEMARLE CORP | COM | 012653101 |  | 380721 | 6075 | SH |  | SOLE |  | 0 | 0 | 6075 |
| ALLY FINL INC | COM | 02005N100 |  | 9274112 | 238103 | SH |  | SOLE |  | 0 | 0 | 238103 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 397354 | 2240 | SH |  | SOLE |  | 0 | 0 | 2240 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 7891690 | 44781 | SH |  | SOLE |  | 0 | 0 | 44781 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 7904227 | 134801 | SH |  | SOLE |  | 0 | 0 | 134801 |
| AMAZON COM INC | COM | 023135106 |  | 6265998 | 28561 | SH |  | SOLE |  | 0 | 0 | 28561 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 |  | 807253 | 7780 | SH |  | SOLE |  | 0 | 0 | 7780 |
| APA CORPORATION | COM | 03743Q108 |  | 5145734 | 281341 | SH |  | SOLE |  | 0 | 0 | 281341 |
| APPLE INC | COM | 037833100 |  | 20833262 | 101541 | SH |  | SOLE |  | 0 | 0 | 101541 |
| ASML HOLDING N V | N Y REGISTRY SHS | N07059210 |  | 571392 | 713 | SH |  | SOLE |  | 0 | 0 | 713 |
| AT INC | COM | 00206R102 |  | 14024625 | 484610 | SH |  | SOLE |  | 0 | 0 | 484610 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 339240 | 1100 | SH |  | SOLE |  | 0 | 0 | 1100 |
| BANCO SANTANDER S.A. | ADR | 05964H105 |  | 283885 | 34203 | SH |  | SOLE |  | 0 | 0 | 34203 |
| BANK AMERICA CORP | COM | 060505104 |  | 457538 | 9669 | SH |  | SOLE |  | 0 | 0 | 9669 |
| BANK NEW YORK MELLON CORP | COM | 064058100 |  | 1079107 | 11844 | SH |  | SOLE |  | 0 | 0 | 11844 |
| BATH  BODY WORKS INC | COM | 070830104 |  | 510010 | 17023 | SH |  | SOLE |  | 0 | 0 | 17023 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 466340 | 960 | SH |  | SOLE |  | 0 | 0 | 960 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 |  | 728800 | 1 | SH |  | SOLE |  | 0 | 0 | 1 |
| BEST BUY INC | COM | 086516101 |  | 2071431 | 30857 | SH |  | SOLE |  | 0 | 0 | 30857 |
| BLACKROCK INC | COM | 09290D101 |  | 709293 | 676 | SH |  | SOLE |  | 0 | 0 | 676 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 |  | 702999 | 6545 | SH |  | SOLE |  | 0 | 0 | 6545 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 7290537 | 157497 | SH |  | SOLE |  | 0 | 0 | 157497 |
| BROADCOM INC | COM | 11135F101 |  | 9585248 | 34773 | SH |  | SOLE |  | 0 | 0 | 34773 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 1228051 | 5772 | SH |  | SOLE |  | 0 | 0 | 5772 |
| CARMAX INC | COM | 143130102 |  | 467715 | 6959 | SH |  | SOLE |  | 0 | 0 | 6959 |
| CARNIVAL CORP | UNIT 99/99/9999 | 143658300 |  | 673868 | 23964 | SH |  | SOLE |  | 0 | 0 | 23964 |
| CATERPILLAR INC | COM | 149123101 |  | 349389 | 900 | SH |  | SOLE |  | 0 | 0 | 900 |
| CBOE GLOBAL MKTS INC | COM | 12503M108 |  | 715955 | 3070 | SH |  | SOLE |  | 0 | 0 | 3070 |
| CHEVRON CORP NEW | COM | 166764100 |  | 2549802 | 17807 | SH |  | SOLE |  | 0 | 0 | 17807 |
| CISCO SYS INC | COM | 17275R102 |  | 7283756 | 104984 | SH |  | SOLE |  | 0 | 0 | 104984 |
| CITIGROUP INC | COM NEW | 172967424 |  | 7685656 | 90292 | SH |  | SOLE |  | 0 | 0 | 90292 |
| CNH INDL N V | SHS | N20944109 |  | 7939478 | 612614 | SH |  | SOLE |  | 0 | 0 | 612614 |
| CONAGRA BRANDS INC | COM | 205887102 |  | 2773624 | 135497 | SH |  | SOLE |  | 0 | 0 | 135497 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 708767 | 7898 | SH |  | SOLE |  | 0 | 0 | 7898 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 1351269 | 1365 | SH |  | SOLE |  | 0 | 0 | 1365 |
| COTERRA ENERGY INC | COM | 127097103 |  | 8830949 | 347949 | SH |  | SOLE |  | 0 | 0 | 347949 |
| CROWN CASTLE INC | COM | 22822V101 |  | 7115770 | 69267 | SH |  | SOLE |  | 0 | 0 | 69267 |
| CUBESMART | COM | 229663109 |  | 2976870 | 70044 | SH |  | SOLE |  | 0 | 0 | 70044 |
| CVS HEALTH CORP | COM | 126650100 |  | 8328817 | 120742 | SH |  | SOLE |  | 0 | 0 | 120742 |
| DANAHER CORPORATION | COM | 235851102 |  | 391525 | 1982 | SH |  | SOLE |  | 0 | 0 | 1982 |
| DEERE  CO | COM | 244199105 |  | 231363 | 455 | SH |  | SOLE |  | 0 | 0 | 455 |
| DOLLAR GEN CORP NEW | COM | 256677105 |  | 7639898 | 66794 | SH |  | SOLE |  | 0 | 0 | 66794 |
| DOMINION ENERGY INC | COM | 25746U109 |  | 6298175 | 111433 | SH |  | SOLE |  | 0 | 0 | 111433 |
| DOW INC | COM | 260557103 |  | 2189446 | 82683 | SH |  | SOLE |  | 0 | 0 | 82683 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 200600 | 1700 | SH |  | SOLE |  | 0 | 0 | 1700 |
| EDWARDS LIFESCIENCES CORP | COM | 28176E108 |  | 833093 | 10652 | SH |  | SOLE |  | 0 | 0 | 10652 |
| ELI LILLY  CO | COM | 532457108 |  | 2624148 | 3366 | SH |  | SOLE |  | 0 | 0 | 3366 |
| EMERSON ELEC CO | COM | 291011104 |  | 529321 | 3970 | SH |  | SOLE |  | 0 | 0 | 3970 |
| EOG RES INC | COM | 26875P101 |  | 302973 | 2533 | SH |  | SOLE |  | 0 | 0 | 2533 |
| EQUIFAX INC | COM | 294429105 |  | 979641 | 3777 | SH |  | SOLE |  | 0 | 0 | 3777 |
| EVERSOURCE ENERGY | COM | 30040W108 |  | 2347006 | 36891 | SH |  | SOLE |  | 0 | 0 | 36891 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 2293875 | 21279 | SH |  | SOLE |  | 0 | 0 | 21279 |
| FIDELITY NATIONAL FINANCIAL | COM SHS | 31620R303 |  | 5967587 | 106450 | SH |  | SOLE |  | 0 | 0 | 106450 |
| FIRST AMERN FINL CORP | COM | 31847R102 |  | 1513817 | 24659 | SH |  | SOLE |  | 0 | 0 | 24659 |
| FIRST BUSINESS FINL SVCS INC | COM | 319390100 |  | 337218 | 6656 | SH |  | SOLE |  | 0 | 0 | 6656 |
| FIRST TR EXCH TRADED FD III | PFD SECS INC ETF | 33739E108 |  | 573107 | 32197 | SH |  | SOLE |  | 0 | 0 | 32197 |
| FISERV INC | COM | 337738108 |  | 256719 | 1489 | SH |  | SOLE |  | 0 | 0 | 1489 |
| FORD MTR CO | COM | 345370860 |  | 4285718 | 394997 | SH |  | SOLE |  | 0 | 0 | 394997 |
| FORTINET INC | COM | 34959E109 |  | 1303740 | 12332 | SH |  | SOLE |  | 0 | 0 | 12332 |
| FRANKLIN TEMPLETON ETF TR | FRANKLIN INDIA | 35473P769 |  | 870056 | 21844 | SH |  | SOLE |  | 0 | 0 | 21844 |
| GE AEROSPACE | COM NEW | 369604301 |  | 601521 | 2337 | SH |  | SOLE |  | 0 | 0 | 2337 |
| GE VERNOVA INC | COM | 36828A101 |  | 305320 | 577 | SH |  | SOLE |  | 0 | 0 | 577 |
| HERSHEY CO | COM | 427866108 |  | 3814737 | 22987 | SH |  | SOLE |  | 0 | 0 | 22987 |
| HESS CORP | COM | 42809H107 |  | 703784 | 5080 | SH |  | SOLE |  | 0 | 0 | 5080 |
| HOME DEPOT INC | COM | 437076102 |  | 2146678 | 5855 | SH |  | SOLE |  | 0 | 0 | 5855 |
| HONEYWELL INTL INC | COM | 438516106 |  | 1045865 | 4491 | SH |  | SOLE |  | 0 | 0 | 4491 |
| HUNTINGTON INGALLS INDS INC | COM | 446413106 |  | 602685 | 2496 | SH |  | SOLE |  | 0 | 0 | 2496 |
| INTEL CORP | COM | 458140100 |  | 378426 | 16894 | SH |  | SOLE |  | 0 | 0 | 16894 |
| INTERNATIONAL PAPER CO | COM | 460146103 |  | 538545 | 11500 | SH |  | SOLE |  | 0 | 0 | 11500 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 791749 | 1457 | SH |  | SOLE |  | 0 | 0 | 1457 |
| INVESCO EXCH TRADED FD TR II | VAR RATE PFD | 46138G870 |  | 455382 | 18625 | SH |  | SOLE |  | 0 | 0 | 18625 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 215140 | 390 | SH |  | SOLE |  | 0 | 0 | 390 |
| ISHARES TR | SP SMCP600VL ETF | 464287879 |  | 3537842 | 35560 | SH |  | SOLE |  | 0 | 0 | 35560 |
| ISHARES TR | SHRT NAT MUN ETF | 464288158 |  | 394522 | 3710 | SH |  | SOLE |  | 0 | 0 | 3710 |
| ISHARES TR | SHORT TREAS BD | 464288679 |  | 649270 | 5880 | SH |  | SOLE |  | 0 | 0 | 5880 |
| ISHARES TR | S SML 600 GWT | 464287887 |  | 3805745 | 28606 | SH |  | SOLE |  | 0 | 0 | 28606 |
| ISHARES TR | S MC 400VL ETF | 464287705 |  | 13835220 | 111954 | SH |  | SOLE |  | 0 | 0 | 111954 |
| ISHARES TR | S MC 400GR ETF | 464287606 |  | 15121709 | 166209 | SH |  | SOLE |  | 0 | 0 | 166209 |
| ISHARES TR | S 500 VAL ETF | 464287408 |  | 31973979 | 163617 | SH |  | SOLE |  | 0 | 0 | 163617 |
| ISHARES TR | S 500 GRWT ETF | 464287309 |  | 45042993 | 409110 | SH |  | SOLE |  | 0 | 0 | 409110 |
| ISHARES TR | S 100 ETF | 464287101 |  | 794658 | 2611 | SH |  | SOLE |  | 0 | 0 | 2611 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 1798453 | 8334 | SH |  | SOLE |  | 0 | 0 | 8334 |
| ISHARES TR | RUS MID CAP ETF | 464287499 |  | 278486 | 3028 | SH |  | SOLE |  | 0 | 0 | 3028 |
| ISHARES TR | RUS 2000 VAL ETF | 464287630 |  | 235852 | 1495 | SH |  | SOLE |  | 0 | 0 | 1495 |
| ISHARES TR | RUS 2000 GRW ETF | 464287648 |  | 2953792 | 10333 | SH |  | SOLE |  | 0 | 0 | 10333 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 |  | 929611 | 4786 | SH |  | SOLE |  | 0 | 0 | 4786 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 1918140 | 4518 | SH |  | SOLE |  | 0 | 0 | 4518 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 246024 | 5100 | SH |  | SOLE |  | 0 | 0 | 5100 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 3497831 | 39130 | SH |  | SOLE |  | 0 | 0 | 39130 |
| ISHARES TR | ISHS 1-5YR INVS | 464288646 |  | 420761 | 7975 | SH |  | SOLE |  | 0 | 0 | 7975 |
| ISHARES TR | GLOBAL ENERG ETF | 464287341 |  | 279313 | 7109 | SH |  | SOLE |  | 0 | 0 | 7109 |
| ISHARES TR | CRE U S REIT ETF | 464288521 |  | 841500 | 14878 | SH |  | SOLE |  | 0 | 0 | 14878 |
| ISHARES TR | CORE S ETF | 464287200 |  | 6165952 | 9931 | SH |  | SOLE |  | 0 | 0 | 9931 |
| ISHARES TR | CORE S TTL STK | 464287150 |  | 738264 | 5467 | SH |  | SOLE |  | 0 | 0 | 5467 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 1228420 | 11240 | SH |  | SOLE |  | 0 | 0 | 11240 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 2411896 | 38889 | SH |  | SOLE |  | 0 | 0 | 38889 |
| ISHARES TR | 1 3 YR TREAS BD | 464287457 |  | 287110 | 3465 | SH |  | SOLE |  | 0 | 0 | 3465 |
| ISHARES TR | 0-5YR HI YL CP | 46434V407 |  | 2330510 | 54022 | SH |  | SOLE |  | 0 | 0 | 54022 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 6513486 | 42641 | SH |  | SOLE |  | 0 | 0 | 42641 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 7050320 | 24319 | SH |  | SOLE |  | 0 | 0 | 24319 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 11395970 | 387618 | SH |  | SOLE |  | 0 | 0 | 387618 |
| KLA CORP | COM NEW | 482480100 |  | 1367795 | 1527 | SH |  | SOLE |  | 0 | 0 | 1527 |
| KRAFT HEINZ CO | COM | 500754106 |  | 731275 | 28322 | SH |  | SOLE |  | 0 | 0 | 28322 |
| KROGER CO | COM | 501044101 |  | 9112728 | 127042 | SH |  | SOLE |  | 0 | 0 | 127042 |
| LAUDER ESTEE COS INC | CL A | 518439104 |  | 3551564 | 43955 | SH |  | SOLE |  | 0 | 0 | 43955 |
| LENNAR CORP | CL A | 526057104 |  | 205735 | 1860 | SH |  | SOLE |  | 0 | 0 | 1860 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 5669557 | 12242 | SH |  | SOLE |  | 0 | 0 | 12242 |
| LOWES COS INC | COM | 548661107 |  | 264691 | 1193 | SH |  | SOLE |  | 0 | 0 | 1193 |
| LYONDELLBASELL INDUSTRIES N | SHS - A - | N53745100 |  | 857949 | 14828 | SH |  | SOLE |  | 0 | 0 | 14828 |
| MERCK  CO INC | COM | 58933Y105 |  | 6111149 | 77194 | SH |  | SOLE |  | 0 | 0 | 77194 |
| META PLATFORMS INC | CL A | 30303M102 |  | 2466697 | 3342 | SH |  | SOLE |  | 0 | 0 | 3342 |
| MICROSOFT CORP | COM | 594918104 |  | 25333743 | 50931 | SH |  | SOLE |  | 0 | 0 | 50931 |
| MOLSON COORS BEVERAGE CO | CL B | 60871R209 |  | 568953 | 11831 | SH |  | SOLE |  | 0 | 0 | 11831 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 969181 | 14371 | SH |  | SOLE |  | 0 | 0 | 14371 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 323274 | 2295 | SH |  | SOLE |  | 0 | 0 | 2295 |
| MOSAIC CO NEW | COM | 61945C103 |  | 667767 | 18305 | SH |  | SOLE |  | 0 | 0 | 18305 |
| NISOURCE INC | COM | 65473P105 |  | 950613 | 23565 | SH |  | SOLE |  | 0 | 0 | 23565 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 281239 | 563 | SH |  | SOLE |  | 0 | 0 | 563 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 4752498 | 30081 | SH |  | SOLE |  | 0 | 0 | 30081 |
| ORACLE CORP | COM | 68389X105 |  | 1506361 | 6890 | SH |  | SOLE |  | 0 | 0 | 6890 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 309992 | 2274 | SH |  | SOLE |  | 0 | 0 | 2274 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 878929 | 4295 | SH |  | SOLE |  | 0 | 0 | 4295 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 518457 | 6976 | SH |  | SOLE |  | 0 | 0 | 6976 |
| PEPSICO INC | COM | 713448108 |  | 754741 | 5716 | SH |  | SOLE |  | 0 | 0 | 5716 |
| PFIZER INC | COM | 717081103 |  | 7217817 | 297765 | SH |  | SOLE |  | 0 | 0 | 297765 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 2950871 | 16202 | SH |  | SOLE |  | 0 | 0 | 16202 |
| PINTEREST INC | CL A | 72352L106 |  | 880722 | 24560 | SH |  | SOLE |  | 0 | 0 | 24560 |
| PRICE T ROWE GROUP INC | COM | 74144T108 |  | 2833723 | 29365 | SH |  | SOLE |  | 0 | 0 | 29365 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 3540728 | 22224 | SH |  | SOLE |  | 0 | 0 | 22224 |
| PUBLIC STORAGE OPER CO | COM | 74460D109 |  | 3149148 | 10733 | SH |  | SOLE |  | 0 | 0 | 10733 |
| PURE STORAGE INC | CL A | 74624M102 |  | 947191 | 16450 | SH |  | SOLE |  | 0 | 0 | 16450 |
| QUALCOMM INC | COM | 747525103 |  | 5323321 | 33425 | SH |  | SOLE |  | 0 | 0 | 33425 |
| ROYALTY PHARMA PLC | SHS CLASS A | G7709Q104 |  | 342285 | 9500 | SH |  | SOLE |  | 0 | 0 | 9500 |
| RTX CORPORATION | COM | 75513E101 |  | 401555 | 2750 | SH |  | SOLE |  | 0 | 0 | 2750 |
| SALESFORCE INC | COM | 79466L302 |  | 851339 | 3122 | SH |  | SOLE |  | 0 | 0 | 3122 |
| SCHLUMBERGER LTD | COM STK | 806857108 |  | 399145 | 11809 | SH |  | SOLE |  | 0 | 0 | 11809 |
| SCHWAB STRATEGIC TR | US SML CAP ETF | 808524607 |  | 2390344 | 94480 | SH |  | SOLE |  | 0 | 0 | 94480 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 |  | 2973975 | 11744 | SH |  | SOLE |  | 0 | 0 | 11744 |
| SELECT SECTOR SPDR TR | SBI INT-UTILS | 81369Y886 |  | 232895 | 2852 | SH |  | SOLE |  | 0 | 0 | 2852 |
| SELECT SECTOR SPDR TR | SBI HEALTHCARE | 81369Y209 |  | 1359762 | 10088 | SH |  | SOLE |  | 0 | 0 | 10088 |
| SELECT SECTOR SPDR TR | FINANCIAL | 81369Y605 |  | 640328 | 12227 | SH |  | SOLE |  | 0 | 0 | 12227 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 |  | 419301 | 4944 | SH |  | SOLE |  | 0 | 0 | 4944 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 1030080 | 3000 | SH |  | SOLE |  | 0 | 0 | 3000 |
| SOUTHERN CO | COM | 842587107 |  | 1088461 | 11853 | SH |  | SOLE |  | 0 | 0 | 11853 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 8843872 | 29012 | SH |  | SOLE |  | 0 | 0 | 29012 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 3405245 | 5511 | SH |  | SOLE |  | 0 | 0 | 5511 |
| SPDR S MIDCAP 400 ETF TR | UTSER1 S | 78467Y107 |  | 2005906 | 3541 | SH |  | SOLE |  | 0 | 0 | 3541 |
| SPDR SERIES TRUST | S DIVID ETF | 78464A763 |  | 4823678 | 35539 | SH |  | SOLE |  | 0 | 0 | 35539 |
| SPDR SERIES TRUST | PRTFLO S VL | 78464A508 |  | 15822122 | 302295 | SH |  | SOLE |  | 0 | 0 | 302295 |
| SPDR SERIES TRUST | PRTFLO S GW | 78464A409 |  | 11737833 | 123141 | SH |  | SOLE |  | 0 | 0 | 123141 |
| SPDR SERIES TRUST | PORTFOLIO INTRMD | 78464A375 |  | 472001 | 14056 | SH |  | SOLE |  | 0 | 0 | 14056 |
| SPDR SERIES TRUST | NUVEEN ICE SHORT | 78468R739 |  | 717498 | 15001 | SH |  | SOLE |  | 0 | 0 | 15001 |
| SPDR SERIES TRUST | BLOOMBERG 1-3 MO | 78468R663 |  | 2493988 | 27188 | SH |  | SOLE |  | 0 | 0 | 27188 |
| STEEL DYNAMICS INC | COM | 858119100 |  | 530986 | 4148 | SH |  | SOLE |  | 0 | 0 | 4148 |
| STRYKER CORPORATION | COM | 863667101 |  | 890168 | 2250 | SH |  | SOLE |  | 0 | 0 | 2250 |
| SYSCO CORP | COM | 871829107 |  | 954324 | 12600 | SH |  | SOLE |  | 0 | 0 | 12600 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 765990 | 3382 | SH |  | SOLE |  | 0 | 0 | 3382 |
| TARGET CORP | COM | 87612E106 |  | 3302436 | 33476 | SH |  | SOLE |  | 0 | 0 | 33476 |
| TEXAS INSTRS INC | COM | 882508104 |  | 4360797 | 21004 | SH |  | SOLE |  | 0 | 0 | 21004 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 670244 | 1653 | SH |  | SOLE |  | 0 | 0 | 1653 |
| TRUIST FINL CORP | COM | 89832Q109 |  | 8087408 | 188123 | SH |  | SOLE |  | 0 | 0 | 188123 |
| TYSON FOODS INC | CL A | 902494103 |  | 3131634 | 55982 | SH |  | SOLE |  | 0 | 0 | 55982 |
| UNION PAC CORP | COM | 907818108 |  | 2100554 | 9130 | SH |  | SOLE |  | 0 | 0 | 9130 |
| UNITED AIRLS HLDGS INC | COM | 910047109 |  | 329669 | 4140 | SH |  | SOLE |  | 0 | 0 | 4140 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 3071667 | 9846 | SH |  | SOLE |  | 0 | 0 | 9846 |
| VANECK ETF TRUST | PREFERRED SECURT | 92189F429 |  | 274229 | 16018 | SH |  | SOLE |  | 0 | 0 | 16018 |
| VANECK ETF TRUST | INTRMDT MUNI ETF | 92189H201 |  | 506900 | 11148 | SH |  | SOLE |  | 0 | 0 | 11148 |
| VANGUARD ADMIRAL FDS INC | SMLLCP 600 IDX | 921932828 |  | 333047 | 3290 | SH |  | SOLE |  | 0 | 0 | 3290 |
| VANGUARD ADMIRAL FDS INC | MIDCP 400 IDX | 921932885 |  | 1296148 | 12347 | SH |  | SOLE |  | 0 | 0 | 12347 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 225874 | 1278 | SH |  | SOLE |  | 0 | 0 | 1278 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 459847 | 1513 | SH |  | SOLE |  | 0 | 0 | 1513 |
| VANGUARD INDEX FDS | SML CP GRW ETF | 922908595 |  | 1321007 | 4770 | SH |  | SOLE |  | 0 | 0 | 4770 |
| VANGUARD INDEX FDS | SM CP VAL ETF | 922908611 |  | 1372503 | 7038 | SH |  | SOLE |  | 0 | 0 | 7038 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 20400686 | 35914 | SH |  | SOLE |  | 0 | 0 | 35914 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 1489351 | 16723 | SH |  | SOLE |  | 0 | 0 | 16723 |
| VANGUARD INDEX FDS | MCAP VL IDXVIP | 922908512 |  | 1308115 | 7954 | SH |  | SOLE |  | 0 | 0 | 7954 |
| VANGUARD INDEX FDS | MCAP GR IDXVIP | 922908538 |  | 1259848 | 4430 | SH |  | SOLE |  | 0 | 0 | 4430 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 4801523 | 97079 | SH |  | SOLE |  | 0 | 0 | 97079 |
| VANGUARD MUN BD FDS | TAX EXEMPT BD | 922907746 |  | 1308513 | 26688 | SH |  | SOLE |  | 0 | 0 | 26688 |
| VANGUARD SCOTTSDALE FDS | VNG RUS2000IDX | 92206C664 |  | 599464 | 6873 | SH |  | SOLE |  | 0 | 0 | 6873 |
| VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 92206C409 |  | 30337439 | 381603 | SH |  | SOLE |  | 0 | 0 | 381603 |
| VANGUARD SCOTTSDALE FDS | SHORT TERM TREAS | 92206C102 |  | 41779838 | 710783 | SH |  | SOLE |  | 0 | 0 | 710783 |
| VANGUARD SCOTTSDALE FDS | MTG-BKD SECS ETF | 92206C771 |  | 11747318 | 253503 | SH |  | SOLE |  | 0 | 0 | 253503 |
| VANGUARD SCOTTSDALE FDS | INT-TERM CORP | 92206C870 |  | 25667930 | 309551 | SH |  | SOLE |  | 0 | 0 | 309551 |
| VANGUARD SCOTTSDALE FDS | INTER TERM TREAS | 92206C706 |  | 22377375 | 374141 | SH |  | SOLE |  | 0 | 0 | 374141 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 11604329 | 203549 | SH |  | SOLE |  | 0 | 0 | 203549 |
| VANGUARD WORLD FD | INF TECH ETF | 92204A702 |  | 509405 | 768 | SH |  | SOLE |  | 0 | 0 | 768 |
| VEEVA SYS INC | CL A COM | 922475108 |  | 781578 | 2714 | SH |  | SOLE |  | 0 | 0 | 2714 |
| VENTAS INC | COM | 92276F100 |  | 935568 | 14815 | SH |  | SOLE |  | 0 | 0 | 14815 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 9278254 | 214427 | SH |  | SOLE |  | 0 | 0 | 214427 |
| VIRTU FINL INC | CL A | 928254101 |  | 9464970 | 211319 | SH |  | SOLE |  | 0 | 0 | 211319 |
| VISA INC | COM CL A | 92826C839 |  | 1945674 | 5480 | SH |  | SOLE |  | 0 | 0 | 5480 |
| WALMART INC | COM | 931142103 |  | 647891 | 6626 | SH |  | SOLE |  | 0 | 0 | 6626 |
| WARNER BROS DISCOVERY INC | COM SER A | 934423104 |  | 367970 | 32109 | SH |  | SOLE |  | 0 | 0 | 32109 |
| WEC ENERGY GROUP INC | COM | 92939U106 |  | 6140374 | 58929 | SH |  | SOLE |  | 0 | 0 | 58929 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 1444244 | 18026 | SH |  | SOLE |  | 0 | 0 | 18026 |
| WESTERN UN CO | COM | 959802109 |  | 4838562 | 574651 | SH |  | SOLE |  | 0 | 0 | 574651 |
| WHITE MTNS INS GROUP LTD | COM | G9618E107 |  | 2112227 | 1176 | SH |  | SOLE |  | 0 | 0 | 1176 |
| WILLIAMS SONOMA INC | COM | 969904101 |  | 1305980 | 7994 | SH |  | SOLE |  | 0 | 0 | 7994 |

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