# EDGAR Filing Document

**Accession Number:** 0001343916
**File Stem:** 0001343916-23-000001
**Filing Date:** 2023-2
**Character Count:** 16809
**Document Hash:** 070e11ef374db7666e250246f335de87
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001343916-23-000001.hdr.sgml**: 20230222

**ACCESSION NUMBER**: 0001343916-23-000001

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230222

**DATE AS OF CHANGE**: 20230222

**EFFECTIVENESS DATE**: 20230222

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** IMS Capital Management
- **CENTRAL INDEX KEY:** 0001343916
- **IRS NUMBER:** 930976985
- **STATE OF INCORPORATION:** OR
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-11531
- **FILM NUMBER:** 23652580

**BUSINESS ADDRESS:**
- **STREET 1:** 8995 SE OTTY ROAD
- **CITY:** PORTLAND
- **STATE:** OR
- **ZIP:** 97086
- **BUSINESS PHONE:** 503-788-4200

**MAIL ADDRESS:**
- **STREET 1:** 8995 SE OTTY ROAD
- **CITY:** PORTLAND
- **STATE:** OR
- **ZIP:** 97086

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**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:** IMS Capital Management<br>**Address:** 8995 SE OTTY ROAD<br>PORTLAND, OR 97086

**Form 13F File Number:** 028-11531

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:** Chris Magana<br>**Title:** President and CCO<br>**Phone:** 503-788-4200

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

Chris Magana  Portland, OR  02-22-2023<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:** $156934

      (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 |
| A-MARK PRECIOUS METALS INC | COM | 00181T107 |  | 882142 | 25400 | SH |  | SOLE | 0 | 0 | 0 | 25400 |
| A-MARK PRECIOUS METALS INC | COM | 00181T107 |  | 394600 | 20000 | SH | Call | SOLE | 0 | 0 | 0 | 20000 |
| ABBOTT LABS | COM | 002824100 |  | 1174780 | 10700 | SH |  | SOLE | 0 | 0 | 0 | 10700 |
| ABBVIE INC | COM | 00287Y109 |  | 1621032 | 10031 | SH |  | SOLE | 0 | 0 | 0 | 10031 |
| ADOBE SYSTEMS INCORPORATED | COM | 00724F101 |  | 949688 | 2822 | SH |  | SOLE | 0 | 2700 | 0 | 122 |
| ADVANCE AUTO PARTS INC | COM | 00751Y106 |  | 279357 | 1900 | SH |  | SOLE | 0 | 1900 | 0 | 0 |
| AIRBNB INC | COM CL A | 009066101 |  | 944604 | 11048 | SH |  | SOLE | 0 | 10000 | 0 | 1048 |
| ALASKA AIR GROUP INC | COM | 011659109 |  | 1059759 | 24680 | SH |  | SOLE | 0 | 24600 | 0 | 80 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 810657 | 9188 | SH |  | SOLE | 0 | 0 | 0 | 9188 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 2726229 | 30725 | SH |  | SOLE | 0 | 16000 | 0 | 14725 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 318964 | 6978 | SH |  | SOLE | 0 | 5300 | 0 | 1678 |
| AMAZON COM INC | COM | 023135106 |  | 3994257 | 47551 | SH |  | SOLE | 0 | 14560 | 0 | 32991 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 211860 | 1000 | SH |  | SOLE | 0 | 0 | 0 | 1000 |
| AMERICAN WTR WKS CO INC NEW | COM | 030420103 |  | 579400 | 3801 | SH |  | SOLE | 0 | 0 | 0 | 3801 |
| AMGEN INC | COM | 031162100 |  | 609874 | 2322 | SH |  | SOLE | 0 | 0 | 0 | 2322 |
| APPLE INC | COM | 037833100 |  | 8345059 | 64227 | SH |  | SOLE | 0 | 13900 | 0 | 50327 |
| ARCHER DANIELS MIDLAND CO | COM | 039483102 |  | 215598 | 2322 | SH |  | SOLE | 0 | 0 | 0 | 2322 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 1987602 | 8321 | SH |  | SOLE | 0 | 0 | 0 | 8321 |
| AUTOZONE INC | COM | 053332102 |  | 397055 | 161 | SH |  | SOLE | 0 | 0 | 0 | 161 |
| BANK AMERICA CORP | COM | 060505104 |  | 595701 | 17986 | SH |  | SOLE | 0 | 0 | 0 | 17986 |
| BECTON DICKINSON  CO | COM | 075887109 |  | 248099 | 976 | SH |  | SOLE | 0 | 0 | 0 | 976 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 2510245 | 8126 | SH |  | SOLE | 0 | 0 | 0 | 8126 |
| BEST BUY INC | COM | 086516101 |  | 244641 | 3050 | SH |  | SOLE | 0 | 3050 | 0 | 0 |
| BLACKROCK INC | COM | 09247X101 |  | 1227605 | 1732 | SH |  | SOLE | 0 | 0 | 0 | 1732 |
| BOEING CO | COM | 097023105 |  | 3934742 | 20656 | SH |  | SOLE | 0 | 10720 | 0 | 9936 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 286170 | 142 | SH |  | SOLE | 0 | 0 | 0 | 142 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 434214 | 6035 | SH |  | SOLE | 0 | 0 | 0 | 6035 |
| CATERPILLAR INC | COM | 149123101 |  | 383296 | 1600 | SH |  | SOLE | 0 | 0 | 0 | 1600 |
| CHEVRON CORP NEW | COM | 166764100 |  | 404542 | 2254 | SH |  | SOLE | 0 | 0 | 0 | 2254 |
| CISCO SYS INC | COM | 17275R102 |  | 419168 | 8799 | SH |  | SOLE | 0 | 0 | 0 | 8799 |
| CME GROUP INC | COM | 12572Q105 |  | 960506 | 5712 | SH |  | SOLE | 0 | 0 | 0 | 5712 |
| COMERICA INC | COM | 200340107 |  | 254030 | 3800 | SH |  | SOLE | 0 | 3800 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 557691 | 4726 | SH |  | SOLE | 0 | 2200 | 0 | 2526 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 925527 | 2027 | SH |  | SOLE | 0 | 0 | 0 | 2027 |
| CREDIT SUISSE ASSET MGMT INC | COM | 224916106 |  | 265390 | 105313 | SH |  | SOLE | 0 | 0 | 0 | 105313 |
| CRH PLC | ADR | 12626K203 |  | 397900 | 10000 | SH |  | SOLE | 0 | 0 | 0 | 10000 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 390836 | 3712 | SH |  | SOLE | 0 | 0 | 0 | 3712 |
| CSX CORP | COM | 126408103 |  | 200255 | 6464 | SH |  | SOLE | 0 | 0 | 0 | 6464 |
| CVS HEALTH CORP | COM | 126650100 |  | 852968 | 9153 | SH |  | SOLE | 0 | 0 | 0 | 9153 |
| D R HORTON INC | COM | 23331A109 |  | 440976 | 4947 | SH |  | SOLE | 0 | 0 | 0 | 4947 |
| DANAHER CORPORATION | COM | 235851102 |  | 2908954 | 10960 | SH |  | SOLE | 0 | 0 | 0 | 10960 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 953762 | 29025 | SH |  | SOLE | 0 | 28800 | 0 | 225 |
| DEVON ENERGY CORP NEW | COM | 25179M103 |  | 270644 | 4400 | SH |  | SOLE | 0 | 4200 | 0 | 200 |
| DISNEY WALT CO | COM | 254687106 |  | 2642233 | 30412 | SH |  | SOLE | 0 | 21000 | 0 | 9412 |
| DOLLAR TREE INC | COM | 256746108 |  | 505224 | 3572 | SH |  | SOLE | 0 | 0 | 0 | 3572 |
| DOMINOS PIZZA INC | COM | 25754A201 |  | 686911 | 1983 | SH |  | SOLE | 0 | 887 | 0 | 1096 |
| EASTMAN CHEM CO | COM | 277432100 |  | 236176 | 2900 | SH |  | SOLE | 0 | 2900 | 0 | 0 |
| ECOLAB INC | COM | 278865100 |  | 249539 | 1714 | SH |  | SOLE | 0 | 0 | 0 | 1714 |
| EOG RES INC | COM | 26875P101 |  | 444254 | 3430 | SH |  | SOLE | 0 | 2000 | 0 | 1430 |
| EXPEDIA GROUP INC | COM NEW | 30212P303 |  | 772194 | 8815 | SH |  | SOLE | 0 | 8665 | 0 | 150 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 591820 | 5366 | SH |  | SOLE | 0 | 0 | 0 | 5366 |
| FEDERATED HERMES INC | CL B | 314211103 |  | 294179 | 8102 | SH |  | SOLE | 0 | 0 | 0 | 8102 |
| FEDEX CORP | COM | 31428X106 |  | 333277 | 1924 | SH |  | SOLE | 0 | 0 | 0 | 1924 |
| GENERAL ELECTRIC CO | COM NEW | 369604301 |  | 1453338 | 17345 | SH |  | SOLE | 0 | 14150 | 0 | 3195 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 696501 | 8113 | SH |  | SOLE | 0 | 3200 | 0 | 4913 |
| HILTON WORLDWIDE HLDGS INC | COM | 43300A203 |  | 1667952 | 13200 | SH |  | SOLE | 0 | 13200 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 2901772 | 9187 | SH |  | SOLE | 0 | 2720 | 0 | 6467 |
| HP INC | COM | 40434L105 |  | 233769 | 8700 | SH |  | SOLE | 0 | 8700 | 0 | 0 |
| IDEXX LABS INC | COM | 45168D104 |  | 335343 | 822 | SH |  | SOLE | 0 | 0 | 0 | 822 |
| INTEL CORP | COM | 458140100 |  | 1068978 | 40446 | SH |  | SOLE | 0 | 0 | 0 | 40446 |
| INVESCO EXCH TRADED FD TR II | S HDL VOL | 46138E362 |  | 883382 | 20155 | SH |  | SOLE | 0 | 0 | 0 | 20155 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 207739 | 780 | SH |  | SOLE | 0 | 0 | 0 | 780 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 374204 | 1547 | SH |  | SOLE | 0 | 0 | 0 | 1547 |
| ISHARES TR | S MC 400VL ETF | 464287705 |  | 244944 | 2430 | SH |  | SOLE | 0 | 0 | 0 | 2430 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 922078 | 9743 | SH |  | SOLE | 0 | 0 | 0 | 9743 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 5708569 | 26646 | SH |  | SOLE | 0 | 0 | 0 | 26646 |
| ISHARES TR | RUS MID CAP ETF | 464287499 |  | 242820 | 3600 | SH |  | SOLE | 0 | 0 | 0 | 3600 |
| ISHARES TR | RUS MD CP GR ETF | 464287481 |  | 2388228 | 28567 | SH |  | SOLE | 0 | 0 | 0 | 28567 |
| ISHARES TR | IBOXX INV CP ETF | 464287242 |  | 400634 | 3800 | SH |  | SOLE | 0 | 0 | 0 | 3800 |
| ISHARES TR | ESG AWR US AGRGT | 46435U549 |  | 225193 | 4818 | SH |  | SOLE | 0 | 0 | 0 | 4818 |
| ISHARES TR | ESG MSCI LEADR | 46435U218 |  | 491026 | 7405 | SH |  | SOLE | 0 | 0 | 0 | 7405 |
| ISHARES TR | SELECT DIVID ETF | 464287168 |  | 1548986 | 12844 | SH |  | SOLE | 0 | 0 | 0 | 12844 |
| J P MORGAN EXCHANGE TRADED F | CORE PLUS BD ETF | 46641Q670 |  | 798263 | 17380 | SH |  | SOLE | 0 | 0 | 0 | 17380 |
| J P MORGAN EXCHANGE TRADED F | ULTRA SHRT INC | 46641Q837 |  | 3271720 | 65265 | SH |  | SOLE | 0 | 0 | 0 | 65265 |
| J P MORGAN EXCHANGE TRADED F | ULTRA SHT MUNCPL | 46641Q654 |  | 373959 | 7400 | SH |  | SOLE | 0 | 0 | 0 | 7400 |
| JELD-WEN HLDG INC | COM | 47580P103 |  | 11220634 | 1162760 | SH |  | SOLE | 0 | 0 | 0 | 1162760 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 2271544 | 12859 | SH |  | SOLE | 0 | 4000 | 0 | 8859 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 1475467 | 11003 | SH |  | SOLE | 0 | 0 | 0 | 11003 |
| KRAFT HEINZ CO | COM | 500754106 |  | 271939 | 6680 | SH |  | SOLE | 0 | 0 | 0 | 6680 |
| LEGGETT  PLATT INC | COM | 524660107 |  | 228511 | 7090 | SH |  | SOLE | 0 | 7090 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 942525 | 1937 | SH |  | SOLE | 0 | 0 | 0 | 1937 |
| MACYS INC | COM | 55616P104 |  | 256060 | 12400 | SH |  | SOLE | 0 | 12400 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 703110 | 2022 | SH |  | SOLE | 0 | 0 | 0 | 2022 |
| MCDONALDS CORP | COM | 580135101 |  | 837138 | 3177 | SH |  | SOLE | 0 | 0 | 0 | 3177 |
| MERCK  CO INC | COM | 58933Y105 |  | 1732609 | 15616 | SH |  | SOLE | 0 | 2300 | 0 | 13316 |
| META PLATFORMS INC | CL A | 30303M102 |  | 1138296 | 9459 | SH |  | SOLE | 0 | 8200 | 0 | 1259 |
| MICROSOFT CORP | COM | 594918104 |  | 5346627 | 22294 | SH |  | SOLE | 0 | 6300 | 0 | 15994 |
| MODERNA INC | COM | 60770K107 |  | 1407143 | 7834 | SH |  | SOLE | 0 | 7800 | 0 | 34 |
| MOODYS CORP | COM | 615369105 |  | 1191194 | 4275 | SH |  | SOLE | 0 | 0 | 0 | 4275 |
| NEW YORK CMNTY BANCORP INC | COM | 649445103 |  | 136181 | 15835 | SH |  | SOLE | 0 | 0 | 0 | 15835 |
| NEW YORK CMNTY CAP TR V | UNIT 05/07/2051 | 64944P307 |  | 294984 | 6800 | SH |  | SOLE | 0 | 0 | 0 | 6800 |
| NEWMONT CORP | COM | 651639106 |  | 295236 | 6255 | SH |  | SOLE | 0 | 5900 | 0 | 355 |
| NIKE INC | CL B | 654106103 |  | 1126038 | 9623 | SH |  | SOLE | 0 | 0 | 0 | 9623 |
| NORTHERN TR CORP | COM | 665859104 |  | 283168 | 3200 | SH |  | SOLE | 0 | 3100 | 0 | 100 |
| NORTHWEST NAT HLDG CO | COM | 66765N105 |  | 712016 | 14961 | SH |  | SOLE | 0 | 0 | 0 | 14961 |
| NUCOR CORP | COM | 670346105 |  | 967749 | 7342 | SH |  | SOLE | 0 | 6300 | 0 | 1042 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 2296885 | 15717 | SH |  | SOLE | 0 | 9000 | 0 | 6717 |
| NVR INC | COM | 62944T105 |  | 1056281 | 229 | SH |  | SOLE | 0 | 0 | 0 | 229 |
| ORACLE CORP | COM | 68389X105 |  | 272839 | 3338 | SH |  | SOLE | 0 | 0 | 0 | 3338 |
| PAYCHEX INC | COM | 704326107 |  | 1828277 | 15821 | SH |  | SOLE | 0 | 0 | 0 | 15821 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 1262731 | 17730 | SH |  | SOLE | 0 | 8600 | 0 | 9130 |
| PEPSICO INC | COM | 713448108 |  | 1868328 | 10342 | SH |  | SOLE | 0 | 0 | 0 | 10342 |
| PERMA-PIPE INTL HLDGS INC | COM | 714167103 |  | 756945 | 80100 | SH |  | SOLE | 0 | 0 | 0 | 80100 |
| PFIZER INC | COM | 717081103 |  | 3386917 | 66099 | SH |  | SOLE | 0 | 0 | 0 | 66099 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 716635 | 4728 | SH |  | SOLE | 0 | 0 | 0 | 4728 |
| PROLOGIS INC. | COM | 74340W103 |  | 242370 | 2150 | SH |  | SOLE | 0 | 0 | 0 | 2150 |
| QUALCOMM INC | COM | 747525103 |  | 1073784 | 9767 | SH |  | SOLE | 0 | 5388 | 0 | 4379 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 |  | 202017 | 280 | SH |  | SOLE | 0 | 0 | 0 | 280 |
| REGIONS FINANCIAL CORP NEW | COM | 7591EP100 |  | 282436 | 13100 | SH |  | SOLE | 0 | 12500 | 0 | 600 |
| S GLOBAL INC | COM | 78409V104 |  | 1415373 | 4226 | SH |  | SOLE | 0 | 0 | 0 | 4226 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 980827 | 11780 | SH |  | SOLE | 0 | 11530 | 0 | 250 |
| SERVICE CORP INTL | COM | 817565104 |  | 472587 | 6835 | SH |  | SOLE | 0 | 0 | 0 | 6835 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 309241 | 1303 | SH |  | SOLE | 0 | 0 | 0 | 1303 |
| SMITH A O CORP | COM | 831865209 |  | 544238 | 9508 | SH |  | SOLE | 0 | 0 | 0 | 9508 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 601374 | 3545 | SH |  | SOLE | 0 | 0 | 0 | 3545 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 497632 | 1301 | SH |  | SOLE | 0 | 0 | 0 | 1301 |
| STARBUCKS CORP | COM | 855244109 |  | 2975451 | 29994 | SH |  | SOLE | 0 | 16162 | 0 | 13832 |
| T-MOBILE US INC | COM | 872590104 |  | 267960 | 1914 | SH |  | SOLE | 0 | 0 | 0 | 1914 |
| TEXAS INSTRS INC | COM | 882508104 |  | 911631 | 5518 | SH |  | SOLE | 0 | 0 | 0 | 5518 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 669639 | 1216 | SH |  | SOLE | 0 | 0 | 0 | 1216 |
| TJX COS INC NEW | COM | 872540109 |  | 515533 | 6477 | SH |  | SOLE | 0 | 0 | 0 | 6477 |
| UMPQUA HLDGS CORP | COM | 904214103 |  | 827664 | 46368 | SH |  | SOLE | 0 | 0 | 0 | 46368 |
| UNILEVER PLC | SPON ADR NEW | 904767704 |  | 204723 | 4066 | SH |  | SOLE | 0 | 0 | 0 | 4066 |
| UNION PAC CORP | COM | 907818108 |  | 530720 | 2563 | SH |  | SOLE | 0 | 0 | 0 | 2563 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 1500899 | 8634 | SH |  | SOLE | 0 | 5800 | 0 | 2834 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 1753305 | 3307 | SH |  | SOLE | 0 | 2379 | 0 | 928 |
| VALLEY NATL BANCORP | COM | 919794107 |  | 242034 | 21400 | SH |  | SOLE | 0 | 21400 | 0 | 0 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 1304088 | 8588 | SH |  | SOLE | 0 | 0 | 0 | 8588 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 600029 | 15229 | SH |  | SOLE | 0 | 0 | 0 | 15229 |
| VISA INC | COM CL A | 92826C839 |  | 2242602 | 10794 | SH |  | SOLE | 0 | 0 | 0 | 10794 |
| VISTRA CORP | COM | 92840M102 |  | 2242342 | 96653 | SH |  | SOLE | 0 | 55000 | 0 | 41653 |
| WALMART INC | COM | 931142103 |  | 819118 | 5777 | SH |  | SOLE | 0 | 0 | 0 | 5777 |
| WASHINGTON FED INC | COM | 938824109 |  | 330233 | 9843 | SH |  | SOLE | 0 | 0 | 0 | 9843 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 720426 | 4592 | SH |  | SOLE | 0 | 0 | 0 | 4592 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 2569601 | 62233 | SH |  | SOLE | 0 | 52900 | 0 | 9333 |
| WISDOMTREE TR | US MIDCAP DIVID | 97717W505 |  | 1258267 | 30585 | SH |  | SOLE | 0 | 0 | 0 | 30585 |
| YUM BRANDS INC | COM | 988498101 |  | 387369 | 3024 | SH |  | SOLE | 0 | 0 | 0 | 3024 |
| ZOETIS INC | CL A | 98978V103 |  | 389676 | 2659 | SH |  | SOLE | 0 | 0 | 0 | 2659 |

---