# EDGAR Filing Document

**Accession Number:** 0001841496
**File Stem:** 0002085853-26-000353
**Filing Date:** 2026-4
**Character Count:** 33227
**Document Hash:** 4cec90aa6e4decfa4572ae7c2bbac3e2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002085853-26-000353.hdr.sgml**: 20260413

**ACCESSION NUMBER**: 0002085853-26-000353

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260413

**DATE AS OF CHANGE**: 20260410

**EFFECTIVENESS DATE**: 20260413

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Marshall Financial Group, LLC
- **CENTRAL INDEX KEY:** 0001841496

**ORGANIZATION NAME:**
- **EIN:** 043849187
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-20487
- **FILM NUMBER:** 26855974

**BUSINESS ADDRESS:**
- **STREET 1:** 225 SCHILLING CIRCLE
- **STREET 2:** SUITE 295
- **CITY:** HUNT VALLEY
- **STATE:** MD
- **ZIP:** 21031
- **BUSINESS PHONE:** 410.563.1190

**MAIL ADDRESS:**
- **STREET 1:** 225 SCHILLING CIRCLE
- **STREET 2:** SUITE 295
- **CITY:** HUNT VALLEY
- **STATE:** MD
- **ZIP:** 21031

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Marshall Financial Group LLC
- **DATE OF NAME CHANGE:** 20250826

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Marshall Financial Group, LLC
- **DATE OF NAME CHANGE:** 20240823

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Marshall Financial Group LLC
- **DATE OF NAME CHANGE:** 20210121

### 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:** Marshall Financial Group LLC<br>**Address:** 225 Schilling Circle<br>Suite 295<br>Hunt Valley, MD 21031

**Form 13F File Number:** 028-20487

**CRD Number (if applicable):** 000146362

**SEC File Number (if applicable):** 801-117820

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:** Peter Andrew Marshall<br>**Title:** CCO<br>**Phone:** 410-563-1044

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

/s/ Peter Andrew Marshall  Hunt Valley, MD  04-10-2026<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:** 293

**Form 13F Information Table Value Total:** $624558414

      (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 |  | 201041 | 1384 | SH |  | SOLE |  | 0 | 0 | 1384 |
| ABBOTT LABORATORIES | COM | 002824100 |  | 306673 | 2987 | SH |  | SOLE |  | 0 | 0 | 2987 |
| ABBVIE INC | COM | 00287Y109 |  | 230140 | 1058 | SH |  | SOLE |  | 0 | 0 | 1058 |
| ABRDN PALLADIUM ETF TRUST | PHYSICAL PALLADM | 003262102 |  | 2529450 | 18777 | SH |  | SOLE |  | 0 | 0 | 18777 |
| ABRDN PLATINUM ETF TRUST | PHYSCL PLATM SHS | 003260106 |  | 3390826 | 19025 | SH |  | SOLE |  | 0 | 0 | 19025 |
| ADOBE INC | COM | 00724F101 |  | 232871 | 958 | SH |  | SOLE |  | 0 | 0 | 958 |
| ADVANCED DRAIN SYS INC DEL | COM | 00790R104 |  | 246163 | 1795 | SH |  | SOLE |  | 0 | 0 | 1795 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 1928313 | 9479 | SH |  | SOLE |  | 0 | 0 | 9479 |
| AGILENT TECHNOLOGIES INC | COM | 00846U101 |  | 305145 | 2677 | SH |  | SOLE |  | 0 | 0 | 2677 |
| ALLEGION PLC | ORD SHS | G0176J109 |  | 1477349 | 10168 | SH |  | SOLE |  | 0 | 0 | 10168 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 5224630 | 18213 | SH |  | SOLE |  | 0 | 0 | 18213 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 1646103 | 5724 | SH |  | SOLE |  | 0 | 0 | 5724 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 500336 | 7582 | SH |  | SOLE |  | 0 | 0 | 7582 |
| AMAZON COM INC | COM | 023135106 |  | 1691175 | 8120 | SH |  | SOLE |  | 0 | 0 | 8120 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 1030108 | 3406 | SH |  | SOLE |  | 0 | 0 | 3406 |
| AMERIPRISE FINL INC | COM | 03076C106 |  | 736405 | 1657 | SH |  | SOLE |  | 0 | 0 | 1657 |
| AMGEN INC | COM | 031162100 |  | 2119142 | 6023 | SH |  | SOLE |  | 0 | 0 | 6023 |
| AMPHENOL CORP | CL A | 032095101 |  | 1344568 | 10642 | SH |  | SOLE |  | 0 | 0 | 10642 |
| AMPLIFY ETF TR | CWP ENHANCED DIV | 032108409 |  | 17346355 | 386764 | SH |  | SOLE |  | 0 | 0 | 386764 |
| APPLE INC | COM | 037833100 |  | 11924550 | 46986 | SH |  | SOLE |  | 0 | 0 | 46986 |
| APPLIED MATLS INC | COM | 038222105 |  | 2755282 | 8061 | SH |  | SOLE |  | 0 | 0 | 8061 |
| ARCH CAP GROUP LTD | ORD | G0450A105 |  | 864870 | 9010 | SH |  | SOLE |  | 0 | 0 | 9010 |
| ARISTA NETWORKS INC | COM SHS | 040413205 |  | 2116359 | 17237 | SH |  | SOLE |  | 0 | 0 | 17237 |
| ARMSTRONG WORLD INDS INC NEW | COM | 04247X102 |  | 650485 | 3947 | SH |  | SOLE |  | 0 | 0 | 3947 |
| ASML HLDG NV | N Y REGISTRY SHS | N07059210 |  | 1925840 | 1458 | SH |  | SOLE |  | 0 | 0 | 1458 |
| AT INC | COM | 00206R102 |  | 340540 | 11747 | SH |  | SOLE |  | 0 | 0 | 11747 |
| ATMOS ENERGY CORP | COM | 049560105 |  | 259475 | 1405 | SH |  | SOLE |  | 0 | 0 | 1405 |
| AUTODESK INC | COM | 052769106 |  | 912353 | 3811 | SH |  | SOLE |  | 0 | 0 | 3811 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 664846 | 3272 | SH |  | SOLE |  | 0 | 0 | 3272 |
| AUTONATION INC | COM | 05329W102 |  | 1013985 | 5193 | SH |  | SOLE |  | 0 | 0 | 5193 |
| BANK AMERICA CORP | COM | 060505104 |  | 695780 | 14272 | SH |  | SOLE |  | 0 | 0 | 14272 |
| BANK NEW YORK MELLON CORP | COM | 064058100 |  | 221482 | 1867 | SH |  | SOLE |  | 0 | 0 | 1867 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 |  | 718140 | 1 | SH |  | SOLE |  | 0 | 0 | 1 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 1443830 | 3013 | SH |  | SOLE |  | 0 | 0 | 3013 |
| BHP BILLITON LIMITED | SPONSORED ADS | 088606108 |  | 962406 | 13231 | SH |  | SOLE |  | 0 | 0 | 13231 |
| BLACKSTONE INC | COM | 09260D107 |  | 407755 | 3546 | SH |  | SOLE |  | 0 | 0 | 3546 |
| BROADCOM INC | COM | 11135F101 |  | 4935169 | 15945 | SH |  | SOLE |  | 0 | 0 | 15945 |
| BROWN FORMAN CORP | CL B | 115637209 |  | 958543 | 36254 | SH |  | SOLE |  | 0 | 0 | 36254 |
| CADENCE DESIGN SYSTEM INC | COM | 127387108 |  | 609647 | 2194 | SH |  | SOLE |  | 0 | 0 | 2194 |
| CANADIAN NAT RES LTD MED TER | COM | 136385101 |  | 1241479 | 25477 | SH |  | SOLE |  | 0 | 0 | 25477 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 251753 | 1380 | SH |  | SOLE |  | 0 | 0 | 1380 |
| CARLISLE COS INC | COM | 142339100 |  | 775703 | 2325 | SH |  | SOLE |  | 0 | 0 | 2325 |
| CARPENTER TECHNOLOGY CORP | COM | 144285103 |  | 1676336 | 4253 | SH |  | SOLE |  | 0 | 0 | 4253 |
| CATERPILLAR INC | COM | 149123101 |  | 321041 | 453 | SH |  | SOLE |  | 0 | 0 | 453 |
| CHART INDS INC | COM | 16115Q308 |  | 1148910 | 5557 | SH |  | SOLE |  | 0 | 0 | 5557 |
| CHECK POINT SOFTWARE TECH LT | ORD | M22465104 |  | 591685 | 4142 | SH |  | SOLE |  | 0 | 0 | 4142 |
| CHEVRON CORPORATION | COM | 166764100 |  | 670035 | 3238 | SH |  | SOLE |  | 0 | 0 | 3238 |
| CINCINNATI FINL CORP | COM | 172062101 |  | 798110 | 5072 | SH |  | SOLE |  | 0 | 0 | 5072 |
| CINTAS CORP | COM | 172908105 |  | 364348 | 2154 | SH |  | SOLE |  | 0 | 0 | 2154 |
| CISCO SYS INC | COM | 17275R102 |  | 2626955 | 33857 | SH |  | SOLE |  | 0 | 0 | 33857 |
| CLEVELAND-CLIFFS INC NEW | COM | 185899101 |  | 697640 | 82561 | SH |  | SOLE |  | 0 | 0 | 82561 |
| COCA COLA CO | COM | 191216100 |  | 514086 | 6760 | SH |  | SOLE |  | 0 | 0 | 6760 |
| COGNEX CORP | COM | 192422103 |  | 1160073 | 23680 | SH |  | SOLE |  | 0 | 0 | 23680 |
| COMMERCE BANCSHARES INC | COM | 200525103 |  | 967485 | 19664 | SH |  | SOLE |  | 0 | 0 | 19664 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 252210 | 1911 | SH |  | SOLE |  | 0 | 0 | 1911 |
| CONSOLIDATED EDISON INC | COM | 209115104 |  | 3355754 | 29650 | SH |  | SOLE |  | 0 | 0 | 29650 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 |  | 1421662 | 5091 | SH |  | SOLE |  | 0 | 0 | 5091 |
| COPA HOLDINGS SA | CL A | P31076105 |  | 674434 | 5936 | SH |  | SOLE |  | 0 | 0 | 5936 |
| COPART INC | COM | 217204106 |  | 776415 | 23386 | SH |  | SOLE |  | 0 | 0 | 23386 |
| CORNERSTONE STRATEGIC INVEST | COM | 21924B302 |  | 72800 | 10000 | SH |  | SOLE |  | 0 | 0 | 10000 |
| CORNERSTONE TOTAL RETURN FD | COM | 21924U300 |  | 125552 | 18065 | SH |  | SOLE |  | 0 | 0 | 18065 |
| CORNING INC | COM | 219350105 |  | 422768 | 3109 | SH |  | SOLE |  | 0 | 0 | 3109 |
| COSTCO WHOLESALE CORPORATION | COM | 22160K105 |  | 252886 | 254 | SH |  | SOLE |  | 0 | 0 | 254 |
| CREDICORP LTD | COM | G2519Y108 |  | 1085715 | 3201 | SH |  | SOLE |  | 0 | 0 | 3201 |
| CROCS INC | COM | 227046109 |  | 1221473 | 14713 | SH |  | SOLE |  | 0 | 0 | 14713 |
| CULLEN FROST BANKERS INC | COM | 229899109 |  | 1251413 | 9129 | SH |  | SOLE |  | 0 | 0 | 9129 |
| DECKERS OUTDOOR CORP | COM | 243537107 |  | 775597 | 7749 | SH |  | SOLE |  | 0 | 0 | 7749 |
| DEERE  CO | COM | 244199105 |  | 230411 | 409 | SH |  | SOLE |  | 0 | 0 | 409 |
| DIGITAL RLTY TR INC | COM | 253868103 |  | 3382461 | 18770 | SH |  | SOLE |  | 0 | 0 | 18770 |
| DIMENSIONAL ETF TRUST | INTL CORE EQT MK | 25434V203 |  | 969364 | 24881 | SH |  | SOLE |  | 0 | 0 | 24881 |
| DIMENSIONAL ETF TRUST | EMGR CRE EQT MNG | 25434V302 |  | 207393 | 6125 | SH |  | SOLE |  | 0 | 0 | 6125 |
| DIMENSIONAL ETF TRUST | US CORE EQT MKT | 25434V104 |  | 1678329 | 37197 | SH |  | SOLE |  | 0 | 0 | 37197 |
| DIREXION SHARES ETF TRUST | NASDAQ 100 EQ WT | 25459Y207 |  | 609123 | 6182 | SH |  | SOLE |  | 465 | 0 | 5717 |
| DOVER CORP | COM | 260003108 |  | 1026551 | 4925 | SH |  | SOLE |  | 0 | 0 | 4925 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 637535 | 4869 | SH |  | SOLE |  | 0 | 0 | 4869 |
| EAST WEST BANCORP INC | COM | 27579R104 |  | 2066110 | 19353 | SH |  | SOLE |  | 0 | 0 | 19353 |
| EATON CORP PLC | SHS | G29183103 |  | 1222713 | 3419 | SH |  | SOLE |  | 0 | 0 | 3419 |
| EATON VANCE RISK-MANAGED DIV | COM | 27829G106 |  | 98244 | 12025 | SH |  | SOLE |  | 0 | 0 | 12025 |
| ELI LILLY  CO | COM | 532457108 |  | 1656311 | 1801 | SH |  | SOLE |  | 0 | 0 | 1801 |
| EOG RES INC | COM | 26875P101 |  | 1135168 | 7852 | SH |  | SOLE |  | 0 | 0 | 7852 |
| EQUITY LIFESTYLE PROPERTIES | COM | 29472R108 |  | 926029 | 14835 | SH |  | SOLE |  | 0 | 0 | 14835 |
| EVERPURE INC | CL A | 74624M102 |  | 492689 | 8345 | SH |  | SOLE |  | 0 | 0 | 8345 |
| EXELON CORP | COM | 30161N101 |  | 382111 | 7795 | SH |  | SOLE |  | 0 | 0 | 7795 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 690012 | 4067 | SH |  | SOLE |  | 0 | 0 | 4067 |
| FEDERAL RLTY INVT TR NEW | SH BEN INT NEW | 313745101 |  | 1201024 | 11308 | SH |  | SOLE |  | 0 | 0 | 11308 |
| FEDERATED HERMES INC | CL B | 314211103 |  | 1221601 | 21541 | SH |  | SOLE |  | 0 | 0 | 21541 |
| FIDELITY MERRIMACK STR TR | CORP BOND ETF | 316188101 |  | 391471 | 8306 | SH |  | SOLE |  | 176 | 0 | 8130 |
| FIDELITY MERRIMACK STR TR | TOTAL BD ETF | 316188309 |  | 405215 | 8882 | SH |  | SOLE |  | 180 | 0 | 8702 |
| FIRST BANCORP CORPORATION | COM NEW | 318672706 |  | 734363 | 34380 | SH |  | SOLE |  | 0 | 0 | 34380 |
| FIRST TR EXCH TRADED FD III | INSTL PFD SECS | 33739P855 |  | 223516 | 11764 | SH |  | SOLE |  | 0 | 0 | 11764 |
| FIRST TR EXCH TRADED FD III | EME MRK BD ETF | 33739P202 |  | 8971233 | 312185 | SH |  | SOLE |  | 0 | 0 | 312185 |
| FIRST TR EXCH TRADED FD III | MUNI HI INCM ETF | 33739P301 |  | 567623 | 11940 | SH |  | SOLE |  | 0 | 0 | 11940 |
| FIRST TR EXCHANGE TRADED FD | SMID RISNG ETF | 33741X102 |  | 3138758 | 79603 | SH |  | SOLE |  | 0 | 0 | 79603 |
| FIRST TR EXCHANGE-TRADED FD | LNG DUR OPRTUN | 33738D606 |  | 15018695 | 696277 | SH |  | SOLE |  | 0 | 0 | 696277 |
| FIRST TR EXCHANGE-TRADED FD | FT VEST RIS | 33738D879 |  | 1238275 | 48465 | SH |  | SOLE |  | 0 | 0 | 48465 |
| FIRST TR EXCHNG TRADED FD VI | FT VEST U.S EQT | 33740U695 |  | 254435 | 6587 | SH |  | SOLE |  | 0 | 0 | 6587 |
| FIRST TR EXCHNG TRADED FD VI | VEST BUFFERED | 33740U760 |  | 1443396 | 58178 | SH |  | SOLE |  | 0 | 0 | 58178 |
| FIRST TR EXCHNG TRADED FD VI | FT VEST US EQT | 33740F763 |  | 1149395 | 20580 | SH |  | SOLE |  | 0 | 0 | 20580 |
| FIRST TR EXCHNG TRADED FD VI | FT VEST US SMALL | 33740F292 |  | 355443 | 14966 | SH |  | SOLE |  | 0 | 0 | 14966 |
| FIRST TR EXCHNG TRADED FD VI | FT VEST UQ EQT | 33740F672 |  | 381950 | 8795 | SH |  | SOLE |  | 0 | 0 | 8795 |
| FIRST TR EXCHNG TRADED FD VI | FT VEST US EQT | 33740F623 |  | 1042328 | 20677 | SH |  | SOLE |  | 0 | 0 | 20677 |
| FIRST TR EXCHNG TRADED FD VI | FT VEST US EQT | 33740F862 |  | 298788 | 5770 | SH |  | SOLE |  | 0 | 0 | 5770 |
| FS CREDIT OPPORTUNITIES CORP | COMMON STOCK | 30290Y101 |  | 52107 | 10217 | SH |  | SOLE |  | 0 | 0 | 10217 |
| GARMIN LTD | SHS | H2906T109 |  | 814470 | 3510 | SH |  | SOLE |  | 0 | 0 | 3510 |
| GARTNER INC | COM | 366651107 |  | 559257 | 3532 | SH |  | SOLE |  | 0 | 0 | 3532 |
| GE VERNOVA INC | COM | 36828A101 |  | 216528 | 248 | SH |  | SOLE |  | 0 | 0 | 248 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 396670 | 1156 | SH |  | SOLE |  | 0 | 0 | 1156 |
| GLOBAL X FDS | US INFR DEV ETF | 37954Y673 |  | 605445 | 11916 | SH |  | SOLE |  | 0 | 0 | 11916 |
| GOLD FIELDS LTD | SPONSORED ADR | 38059T106 |  | 1395380 | 30735 | SH |  | SOLE |  | 0 | 0 | 30735 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 468678 | 554 | SH |  | SOLE |  | 0 | 0 | 554 |
| GRACO INC | COM | 384109104 |  | 1119033 | 13220 | SH |  | SOLE |  | 0 | 0 | 13220 |
| GRAND CANYON ED INC | COM | 38526M106 |  | 598506 | 3520 | SH |  | SOLE |  | 0 | 0 | 3520 |
| GRUPO AEROPORTUARIO DEL CENT | SPON ADR | 400501102 |  | 819434 | 7142 | SH |  | SOLE |  | 0 | 0 | 7142 |
| GRUPO AEROPORTUNARIO DEL PAC | SPON ADS B | 400506101 |  | 919097 | 3723 | SH |  | SOLE |  | 0 | 0 | 3723 |
| HARTFORD FDS EXCHANGE TRADED | TOTAL RTRN ETF | 41653L305 |  | 2527174 | 74901 | SH |  | SOLE |  | 0 | 0 | 74901 |
| HERSHEY CO | COM | 427866108 |  | 3861837 | 18576 | SH |  | SOLE |  | 35 | 0 | 18541 |
| HOME DEPOT INC | COM | 437076102 |  | 784503 | 2385 | SH |  | SOLE |  | 0 | 0 | 2385 |
| HONEYWELL INTL INC | COM | 438516106 |  | 755800 | 3344 | SH |  | SOLE |  | 0 | 0 | 3344 |
| IDEXX LABS INC | COM | 45168D104 |  | 268022 | 477 | SH |  | SOLE |  | 0 | 0 | 477 |
| ILLINOIS TOOL WKS INC | COM | 452308109 |  | 299927 | 1152 | SH |  | SOLE |  | 0 | 0 | 1152 |
| INFOSYS LTD | SPONSORED ADR | 456788108 |  | 851101 | 62998 | SH |  | SOLE |  | 0 | 0 | 62998 |
| INNODATA INC | COM NEW | 457642205 |  | 3704546 | 95923 | SH |  | SOLE |  | 0 | 0 | 95923 |
| INNOVATOR ETFS TRUST | US EQTY PWR BUF | 45782C508 |  | 647711 | 14041 | SH |  | SOLE |  | 0 | 0 | 14041 |
| INNOVATOR ETFS TRUST | EQUITY DEFINED P | 45784N858 |  | 861051 | 33602 | SH |  | SOLE |  | 0 | 0 | 33602 |
| INNOVATOR ETFS TRUST | US EQTY PWR BUF | 45782C383 |  | 239476 | 5367 | SH |  | SOLE |  | 0 | 0 | 5367 |
| INNOVATOR ETFS TRUST | EQUITY DEFINED P | 45784N106 |  | 216947 | 8119 | SH |  | SOLE |  | 0 | 0 | 8119 |
| INNOVATOR ETFS TRUST | EQUITY DEFINED P | 45784N726 |  | 279531 | 10710 | SH |  | SOLE |  | 0 | 0 | 10710 |
| INNOVATOR ETFS TRUST | US SM CAP BUFFER | 45784N783 |  | 214464 | 7636 | SH |  | SOLE |  | 0 | 0 | 7636 |
| INNOVATOR ETFS TRUST | EQUITY DEFINED P | 45784N809 |  | 334057 | 12582 | SH |  | SOLE |  | 0 | 0 | 12582 |
| INTERDIGITAL INC | COM | 45867G101 |  | 947907 | 3139 | SH |  | SOLE |  | 0 | 0 | 3139 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 235562 | 972 | SH |  | SOLE |  | 0 | 0 | 972 |
| INVESCO EXCH TRADED FD TR II | S MDCP 400 REV | 46138G672 |  | 902059 | 7033 | SH |  | SOLE |  | 0 | 0 | 7033 |
| INVESCO EXCH TRADED FD TR II | S SMALLCAP 600 | 46138G664 |  | 612338 | 12130 | SH |  | SOLE |  | 0 | 0 | 12130 |
| INVESCO EXCH TRADED FD TR II | S 500 REVENUE | 46138G698 |  | 843492 | 7340 | SH |  | SOLE |  | 0 | 0 | 7340 |
| INVESCO EXCH TRADED FD TR II | PFD ETF | 46138E511 |  | 207155 | 19040 | SH |  | SOLE |  | 0 | 0 | 19040 |
| INVESCO EXCH TRADED FD TR II | NASDAQ 100 ETF | 46138G649 |  | 2310664 | 9724 | SH |  | SOLE |  | 0 | 0 | 9724 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 1238189 | 6452 | SH |  | SOLE |  | 251 | 0 | 6201 |
| INVESCO EXCHANGE TRADED FD T | S SMCP VLU MNT | 46137V480 |  | 1020401 | 16933 | SH |  | SOLE |  | 0 | 0 | 16933 |
| INVESCO EXCHANGE TRADED FD T | S MDCP QUALITY | 46137V472 |  | 2443322 | 23637 | SH |  | SOLE |  | 0 | 0 | 23637 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 19838573 | 34372 | SH |  | SOLE |  | 0 | 0 | 34372 |
| ISHARES INC | MSCI EMRG CHN | 46434G764 |  | 823922 | 10474 | SH |  | SOLE |  | 0 | 0 | 10474 |
| ISHARES TR | MSCI INTL QUALTY | 46434V456 |  | 11798724 | 255218 | SH |  | SOLE |  | 0 | 0 | 255218 |
| ISHARES TR | 20 YR TR BD ETF | 464287432 |  | 214038 | 2469 | SH |  | SOLE |  | 0 | 0 | 2469 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 503207 | 7452 | SH |  | SOLE |  | 715 | 0 | 6737 |
| ISHARES TR | CORE DIV GRWTH | 46434V621 |  | 530805 | 7563 | SH |  | SOLE |  | 0 | 0 | 7563 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 423924 | 3410 | SH |  | SOLE |  | 191 | 0 | 3219 |
| ISHARES TR | ESG AWRE 1 5 YR | 46435G243 |  | 334706 | 13354 | SH |  | SOLE |  | 0 | 0 | 13354 |
| ISHARES TR | CORE S ETF | 464287200 |  | 362104 | 554 | SH |  | SOLE |  | 0 | 0 | 554 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 371752 | 1499 | SH |  | SOLE |  | 0 | 0 | 1499 |
| ISHARES TR | US TREAS BD ETF | 46429B267 |  | 535859 | 23390 | SH |  | SOLE |  | 403 | 0 | 22987 |
| ISHARES TR | CORE HIGH DV ETF | 46429B663 |  | 272797 | 2010 | SH |  | SOLE |  | 0 | 0 | 2010 |
| ISHARES TR | SHRT NAT MUN ETF | 464288158 |  | 379673 | 3565 | SH |  | SOLE |  | 0 | 0 | 3565 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 239637 | 562 | SH |  | SOLE |  | 0 | 0 | 562 |
| ISHARES TR | MSCI USA QLT FCT | 46432F339 |  | 854049 | 4453 | SH |  | SOLE |  | 247 | 0 | 4206 |
| ISHARES TR | CORE MSCI TOTAL | 46432F834 |  | 388293 | 4482 | SH |  | SOLE |  | 0 | 0 | 4482 |
| ISHARES TR | MRGSTR MD CP ETF | 464288208 |  | 401477 | 4812 | SH |  | SOLE |  | 0 | 0 | 4812 |
| ITT INC | COM | 45073V108 |  | 1211600 | 6359 | SH |  | SOLE |  | 0 | 0 | 6359 |
| J P MORGAN EXCHANGE TRADED F | MUNICIPAL ETF | 46641Q647 |  | 1504449 | 30095 | SH |  | SOLE |  | 0 | 0 | 30095 |
| J P MORGAN EXCHANGE TRADED F | EQUITY PREMIUM | 46641Q332 |  | 811880 | 14324 | SH |  | SOLE |  | 0 | 0 | 14324 |
| J P MORGAN EXCHANGE TRADED F | INTRNL RES EQT | 46641Q134 |  | 739786 | 9767 | SH |  | SOLE |  | 622 | 0 | 9145 |
| J P MORGAN EXCHANGE TRADED F | NASDAQ EQT PREM | 46654Q203 |  | 1996366 | 35958 | SH |  | SOLE |  | 0 | 0 | 35958 |
| JANUS DETROIT STR TR | HENDRSON AAA CL | 47103U845 |  | 6126448 | 121629 | SH |  | SOLE |  | 0 | 0 | 121629 |
| JANUS DETROIT STR TR | HENDERSON SECURI | 47103U746 |  | 20319870 | 394178 | SH |  | SOLE |  | 0 | 0 | 394178 |
| JANUS DETROIT STR TR | B-BBB CLO ETF | 47103U753 |  | 363597 | 7802 | SH |  | SOLE |  | 0 | 0 | 7802 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 2429333 | 9938 | SH |  | SOLE |  | 0 | 0 | 9938 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 1476645 | 5020 | SH |  | SOLE |  | 0 | 0 | 5020 |
| KINSALE CAP GROUP INC | COM | 49714P108 |  | 708611 | 2074 | SH |  | SOLE |  | 0 | 0 | 2074 |
| KLA CORP | COM NEW | 482480100 |  | 2251428 | 1529 | SH |  | SOLE |  | 0 | 0 | 1529 |
| KROGER CO | COM | 501044101 |  | 3361288 | 46452 | SH |  | SOLE |  | 0 | 0 | 46452 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 5424324 | 25388 | SH |  | SOLE |  | 0 | 0 | 25388 |
| LATTICE STRATEGIES TR | HARTFORD US EQTY | 518416409 |  | 4989527 | 84511 | SH |  | SOLE |  | 0 | 0 | 84511 |
| LENNOX INTL INC | COM | 526107107 |  | 721296 | 1554 | SH |  | SOLE |  | 0 | 0 | 1554 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 3947440 | 6531 | SH |  | SOLE |  | 0 | 0 | 6531 |
| LUMENTUM HLDGS INC | COM | 55024U109 |  | 4123093 | 5867 | SH |  | SOLE |  | 0 | 0 | 5867 |
| MARRIOTT INTL INC NEW | CL A | 571903202 |  | 1528935 | 4675 | SH |  | SOLE |  | 0 | 0 | 4675 |
| MARSH  MCLENNAN COS INC | COM | 571748102 |  | 734810 | 4236 | SH |  | SOLE |  | 0 | 0 | 4236 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 1724966 | 3452 | SH |  | SOLE |  | 0 | 0 | 3452 |
| MCCORMICK  CO INC | COM NON VTG | 579780206 |  | 1181002 | 23414 | SH |  | SOLE |  | 0 | 0 | 23414 |
| MCDONALDS CORP | COM | 580135101 |  | 3240294 | 10426 | SH |  | SOLE |  | 0 | 0 | 10426 |
| MEDPACE HLDGS INC | COM | 58506Q109 |  | 984390 | 2050 | SH |  | SOLE |  | 0 | 0 | 2050 |
| MERCK  CO INC | COM | 58933Y105 |  | 3902498 | 32442 | SH |  | SOLE |  | 0 | 0 | 32442 |
| META PLATFORMS INC | CL A | 30303M102 |  | 2340531 | 4091 | SH |  | SOLE |  | 0 | 0 | 4091 |
| MFS ACTIVE EXCHANGE TRADED F | INTERMEDITE MUNI | 55286W306 |  | 382346 | 15383 | SH |  | SOLE |  | 0 | 0 | 15383 |
| MFS ACTIVE EXCHANGE TRADED F | CORE PLUS BD ETF | 55286W108 |  | 24152182 | 970357 | SH |  | SOLE |  | 0 | 0 | 970357 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 269596 | 798 | SH |  | SOLE |  | 0 | 0 | 798 |
| MICROSOFT CORP | COM | 594918104 |  | 3872000 | 10460 | SH |  | SOLE |  | 0 | 0 | 10460 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 322754 | 5599 | SH |  | SOLE |  | 0 | 0 | 5599 |
| MONOLITHIC PWR SYS INC | COM | 609839105 |  | 534680 | 489 | SH |  | SOLE |  | 0 | 0 | 489 |
| MONSTER BEVERAGE CORP NEW | COM | 61174X109 |  | 2561316 | 35348 | SH |  | SOLE |  | 0 | 0 | 35348 |
| MOODYS CORP | COM | 615369105 |  | 1433805 | 3287 | SH |  | SOLE |  | 0 | 0 | 3287 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 |  | 1608785 | 3707 | SH |  | SOLE |  | 0 | 0 | 3707 |
| MUELLER INDS INC | COM | 624756102 |  | 831601 | 7505 | SH |  | SOLE |  | 0 | 0 | 7505 |
| NETAPP INC | COM | 64110D104 |  | 933163 | 9114 | SH |  | SOLE |  | 0 | 0 | 9114 |
| NETFLIX INC. | COM | 64110L106 |  | 2377213 | 24724 | SH |  | SOLE |  | 0 | 0 | 24724 |
| NEWMONT CORP | COM | 651639106 |  | 1881818 | 17384 | SH |  | SOLE |  | 0 | 0 | 17384 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 769729 | 8287 | SH |  | SOLE |  | 0 | 0 | 8287 |
| NORDSON CORP | COM | 655663102 |  | 908885 | 3416 | SH |  | SOLE |  | 0 | 0 | 3416 |
| NOVARTIS AG | SPONSORED ADR | 66987V109 |  | 2594602 | 16986 | SH |  | SOLE |  | 0 | 0 | 16986 |
| NOVO-NORDISK A S | ADR | 670100205 |  | 1284827 | 34961 | SH |  | SOLE |  | 0 | 0 | 34961 |
| NUCOR CORP | COM | 670346105 |  | 253438 | 1499 | SH |  | SOLE |  | 0 | 0 | 1499 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 13793291 | 79090 | SH |  | SOLE |  | 0 | 0 | 79090 |
| NXP SEMICONDUCTORS N V | COM | N6596X109 |  | 959985 | 4876 | SH |  | SOLE |  | 0 | 0 | 4876 |
| OLD DOMINION FREIGHT LINE IN | COM | 679580100 |  | 353287 | 1808 | SH |  | SOLE |  | 0 | 0 | 1808 |
| ONEMAIN HLDGS INC | COM | 68268W103 |  | 990257 | 18513 | SH |  | SOLE |  | 0 | 0 | 18513 |
| PACER FDS TR | METAURUS CAP 400 | 69374H436 |  | 233748 | 5824 | SH |  | SOLE |  | 0 | 0 | 5824 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 248237 | 1697 | SH |  | SOLE |  | 0 | 0 | 1697 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 687773 | 4290 | SH |  | SOLE |  | 0 | 0 | 4290 |
| PARKER-HANNIFIN CORP | COM | 701094104 |  | 1241754 | 1387 | SH |  | SOLE |  | 0 | 0 | 1387 |
| PEPSICO INC | COM | 713448108 |  | 244849 | 1577 | SH |  | SOLE |  | 0 | 0 | 1577 |
| PGIM ETF TR | PGIM ULTRA SH BD | 69344A107 |  | 3797422 | 76716 | SH |  | SOLE |  | 0 | 0 | 76716 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 967570 | 5852 | SH |  | SOLE |  | 0 | 0 | 5852 |
| PIMCO ETF TR | SHTRM MUN BD ACT | 72201R874 |  | 257295 | 5100 | SH |  | SOLE |  | 0 | 0 | 5100 |
| PIMCO ETF TR | INTER MUN BD ACT | 72201R866 |  | 716227 | 13723 | SH |  | SOLE |  | 0 | 0 | 13723 |
| PIMCO ETF TR | ENHAN SHRT MA AC | 72201R833 |  | 399141 | 3969 | SH |  | SOLE |  | 90 | 0 | 3879 |
| PINNACLE WEST CAP CORP | COM | 723484101 |  | 604097 | 5996 | SH |  | SOLE |  | 0 | 0 | 5996 |
| PROCTER  GAMBLE CO | COM | 742718109 |  | 2728011 | 18887 | SH |  | SOLE |  | 0 | 0 | 18887 |
| PROSHARES TR | PSHS ULT S 500 | 74347R107 |  | 4142487 | 79847 | SH |  | SOLE |  | 0 | 0 | 79847 |
| PROSHARES TR | PSHS ULTRA QQQ | 74347R206 |  | 3173249 | 52020 | SH |  | SOLE |  | 0 | 0 | 52020 |
| PUBLIC STORAGE OPER CO | COM | 74460D109 |  | 845772 | 3122 | SH |  | SOLE |  | 0 | 0 | 3122 |
| PULTE GROUP INC | COM | 745867101 |  | 787412 | 6695 | SH |  | SOLE |  | 0 | 0 | 6695 |
| QUALCOMM INC | COM | 747525103 |  | 2014719 | 15645 | SH |  | SOLE |  | 0 | 0 | 15645 |
| QUALYS INC | COM | 74758T303 |  | 583060 | 6637 | SH |  | SOLE |  | 0 | 0 | 6637 |
| RAMBUS INC DEL | COM | 750917106 |  | 694004 | 8067 | SH |  | SOLE |  | 0 | 0 | 8067 |
| RELX PLC | SPONSORED ADR | 759530108 |  | 770487 | 23242 | SH |  | SOLE |  | 0 | 0 | 23242 |
| RESMED INC | COM | 761152107 |  | 2154294 | 9597 | SH |  | SOLE |  | 0 | 0 | 9597 |
| ROYAL CARIBBEAN GROUP | COM | V7780T103 |  | 689069 | 2504 | SH |  | SOLE |  | 0 | 0 | 2504 |
| S GLOBAL INC | COM | 78409V104 |  | 1063775 | 2501 | SH |  | SOLE |  | 0 | 0 | 2501 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 292724 | 3115 | SH |  | SOLE |  | 0 | 0 | 3115 |
| SCHWAB STRATEGIC TR | INTL EQTY ETF | 808524805 |  | 478315 | 19326 | SH |  | SOLE |  | 0 | 0 | 19326 |
| SCHWAB STRATEGIC TR | INT-TRM U.S TRES | 808524854 |  | 15701085 | 630313 | SH |  | SOLE |  | 0 | 0 | 630313 |
| SCHWAB STRATEGIC TR | FUNDAMENTAL INTL | 808524755 |  | 1417922 | 28979 | SH |  | SOLE |  | 0 | 0 | 28979 |
| SEABRIDGE GOLD INC | COM | 811916105 |  | 228364 | 8058 | SH |  | SOLE |  | 0 | 0 | 8058 |
| SEI INVTS CO | COM | 784117103 |  | 945142 | 12045 | SH |  | SOLE |  | 0 | 0 | 12045 |
| SELECT SECTOR SPDR TR | STATE STREET TEC | 81369Y803 |  | 303544 | 2284 | SH |  | SOLE |  | 0 | 0 | 2284 |
| SHARPLINK INC | COM NEW | 820014405 |  | 1822073 | 282492 | SH |  | SOLE |  | 0 | 0 | 282492 |
| SIMON PPTY GROUP INC NEW | COM | 828806109 |  | 1073459 | 5755 | SH |  | SOLE |  | 0 | 0 | 5755 |
| SIMPLIFY EXCHANGE TRADED FUN | BITCOIN STRATEGY | 82889N673 |  | 452055 | 47431 | SH |  | SOLE |  | 0 | 0 | 47431 |
| SNAP ON INC | COM | 833034101 |  | 795644 | 2191 | SH |  | SOLE |  | 0 | 0 | 2191 |
| SOFI TECHNOLOGIES INC | COM | 83406F102 |  | 308882 | 19451 | SH |  | SOLE |  | 0 | 0 | 19451 |
| SOUTHERN CO | COM | 842587107 |  | 3088521 | 31999 | SH |  | SOLE |  | 0 | 0 | 31999 |
| SOUTHERN COPPER CORP | COM | 84265V105 |  | 3299179 | 19175 | SH |  | SOLE |  | 0 | 0 | 19175 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 313251 | 728 | SH |  | SOLE |  | 0 | 0 | 728 |
| SPDR SERIES TRUST | STATE STREET SPD | 78468R523 |  | 35874969 | 360770 | SH |  | SOLE |  | 0 | 0 | 360770 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A284 |  | 274883 | 11084 | SH |  | SOLE |  | 0 | 0 | 11084 |
| SPDR SERIES TRUST | STATE STREET SPD | 78468R663 |  | 27464766 | 299703 | SH |  | SOLE |  | 2460 | 0 | 297243 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A763 |  | 214916 | 1473 | SH |  | SOLE |  | 0 | 0 | 1473 |
| SPDR SERIES TRUST | STATE STREET SPD | 78468R739 |  | 253164 | 5293 | SH |  | SOLE |  | 0 | 0 | 5293 |
| SPDR SERIES TRUST | STATE STREET SPD | 78468R531 |  | 381447 | 6047 | SH |  | SOLE |  | 0 | 0 | 6047 |
| SPINNAKER ETF SERIES | GENTER CAP MUNIC | 84858T780 |  | 558834 | 54579 | SH |  | SOLE |  | 0 | 0 | 54579 |
| SPROTT ASSET MANAGEMENT LP | PHYSICAL GOLD AN | 85208R101 |  | 25975316 | 544328 | SH |  | SOLE |  | 0 | 0 | 544328 |
| SSGA ACTIVE ETF TR | STATE STREET BLA | 78467V608 |  | 338385 | 8430 | SH |  | SOLE |  | 0 | 0 | 8430 |
| SSGA ACTIVE ETF TR | STATE STREET DOU | 78467V848 |  | 1448411 | 36456 | SH |  | SOLE |  | 0 | 0 | 36456 |
| SSGA ACTIVE TR | STATE STREET BLA | 78470P846 |  | 456384 | 16393 | SH |  | SOLE |  | 0 | 0 | 16393 |
| SSGA ACTIVE TR | SST BRIDGEWATER | 78470P630 |  | 12450766 | 431569 | SH |  | SOLE |  | 0 | 0 | 431569 |
| SSGA ACTIVE TR | STATE STREET NUV | 78470P705 |  | 347357 | 12790 | SH |  | SOLE |  | 0 | 0 | 12790 |
| SSGA ACTIVE TR | STATE STREET LOO | 78470P804 |  | 26426745 | 1031739 | SH |  | SOLE |  | 0 | 0 | 1031739 |
| STATE STR SPDR DOW JONES IND | UT SER 1 | 78467X109 |  | 377129 | 814 | SH |  | SOLE |  | 0 | 0 | 814 |
| STATE STR SPDR S 500 ETF T | TR UNIT | 78462F103 |  | 2248213 | 3457 | SH |  | SOLE |  | 0 | 0 | 3457 |
| SYNCHRONY FINANCIAL | COM | 87165B103 |  | 788467 | 11592 | SH |  | SOLE |  | 0 | 0 | 11592 |
| T ROWE PRICE ETF INC | US EQUITY RESEAR | 87283Q503 |  | 4608187 | 112670 | SH |  | SOLE |  | 0 | 0 | 112670 |
| TANGER INC | COM | 875465106 |  | 948143 | 27903 | SH |  | SOLE |  | 0 | 0 | 27903 |
| TERADYNE INC | COM | 880770102 |  | 698665 | 2357 | SH |  | SOLE |  | 0 | 0 | 2357 |
| TESLA INC | COM | 88160R101 |  | 855054 | 2300 | SH |  | SOLE |  | 0 | 0 | 2300 |
| TRIPLE FLAG PRECIOUS METAL | COM | 89679M104 |  | 8026852 | 231255 | SH |  | SOLE |  | 0 | 0 | 231255 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 1947433 | 27074 | SH |  | SOLE |  | 0 | 0 | 27074 |
| UIPATH INC | CL A | 90364P105 |  | 1815871 | 163592 | SH |  | SOLE |  | 473 | 0 | 163119 |
| UNION PAC CORP | COM | 907818108 |  | 227968 | 940 | SH |  | SOLE |  | 0 | 0 | 940 |
| UNITED PARCEL SVCS INC | CL B | 911312106 |  | 228937 | 2327 | SH |  | SOLE |  | 0 | 0 | 2327 |
| UNITED RENTALS INC | COM | 911363109 |  | 567566 | 779 | SH |  | SOLE |  | 0 | 0 | 779 |
| UNITED THERAPEUTICS CORP DEL | COM | 91307C102 |  | 1075073 | 1813 | SH |  | SOLE |  | 0 | 0 | 1813 |
| V F CORP | COM | 918204108 |  | 195777 | 11523 | SH |  | SOLE |  | 0 | 0 | 11523 |
| VANECK ETF TRUST | DURABLE HGH DIV | 92189H102 |  | 639976 | 17101 | SH |  | SOLE |  | 655 | 0 | 16446 |
| VANECK ETF TRUST | MRNGSTR WDE MOAT | 92189F643 |  | 743668 | 7690 | SH |  | SOLE |  | 465 | 0 | 7225 |
| VANECK ETF TRUST | PREFERRED SECURT | 92189F429 |  | 567820 | 32373 | SH |  | SOLE |  | 462 | 0 | 31911 |
| VANECK ETF TRUST | IG FLOATING RATE | 92189F486 |  | 387465 | 15207 | SH |  | SOLE |  | 360 | 0 | 14847 |
| VANGUARD ADMIRAL FDS INC | 500 VAL IDX FD | 921932703 |  | 710640 | 3487 | SH |  | SOLE |  | 0 | 0 | 3487 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 403955 | 1259 | SH |  | SOLE |  | 0 | 0 | 1259 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 13960582 | 23363 | SH |  | SOLE |  | 0 | 0 | 23363 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 1264812 | 4829 | SH |  | SOLE |  | 0 | 0 | 4829 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 854008 | 15800 | SH |  | SOLE |  | 428 | 0 | 15372 |
| VANGUARD WORLD FD | MEGA CAP INDEX | 921910873 |  | 487945 | 2065 | SH |  | SOLE |  | 0 | 0 | 2065 |
| VANGUARD WORLD FD | FINANCIALS ETF | 92204A405 |  | 341378 | 2826 | SH |  | SOLE |  | 0 | 0 | 2826 |
| VANGUARD WORLD FD | EXTENDED DUR | 921910709 |  | 478291 | 7364 | SH |  | SOLE |  | 0 | 0 | 7364 |
| VERISK ANALYTICS INC | COM | 92345Y106 |  | 807417 | 4255 | SH |  | SOLE |  | 0 | 0 | 4255 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 3763775 | 74976 | SH |  | SOLE |  | 0 | 0 | 74976 |
| VISA INC | COM CL A | 92826C839 |  | 3118920 | 10319 | SH |  | SOLE |  | 0 | 0 | 10319 |
| VISTRA CORP | COM | 92840M102 |  | 207609 | 1381 | SH |  | SOLE |  | 0 | 0 | 1381 |
| VIVOPOWER PLC | SHS NEW | G9376R209 |  | 46000 | 20000 | SH |  | SOLE |  | 0 | 0 | 20000 |
| WALMART INC | COM | 931142103 |  | 5122270 | 41216 | SH |  | SOLE |  | 0 | 0 | 41216 |
| WATERS CORP | COM | 941848103 |  | 707275 | 2375 | SH |  | SOLE |  | 0 | 0 | 2375 |
| WELLTOWER INC | COM | 95040Q104 |  | 335782 | 1698 | SH |  | SOLE |  | 0 | 0 | 1698 |
| WILLIAMS COS INC | COM | 969457100 |  | 901587 | 12388 | SH |  | SOLE |  | 0 | 0 | 12388 |
| XP INC | CL A | G98239109 |  | 197090 | 10351 | SH |  | SOLE |  | 0 | 0 | 10351 |

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