# EDGAR Filing Document

**Accession Number:** 0001729866
**File Stem:** 0001172661-23-000425
**Filing Date:** 2023-2
**Character Count:** 20558
**Document Hash:** c932b51cf9002cc8b6eaea88bc196376
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001172661-23-000425.hdr.sgml**: 20230203

**ACCESSION NUMBER**: 0001172661-23-000425

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230203

**DATE AS OF CHANGE**: 20230203

**EFFECTIVENESS DATE**: 20230203

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIDUCIENT ADVISORS LLC
- **CENTRAL INDEX KEY:** 0001729866
- **IRS NUMBER:** 364001764
- **STATE OF INCORPORATION:** IL
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-18349
- **FILM NUMBER:** 23584964

**BUSINESS ADDRESS:**
- **STREET 1:** 500 W. MADISON STREET
- **STREET 2:** SUITE 1700
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60661
- **BUSINESS PHONE:** 3128531000

**MAIL ADDRESS:**
- **STREET 1:** 500 W. MADISON STREET
- **STREET 2:** SUITE 1700
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60661

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DiMeo Schneider & Associates, L.L.C.
- **DATE OF NAME CHANGE:** 20180130

### 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:** FIDUCIENT ADVISORS LLC<br>**Address:** 500 W. Madison Street<br>Suite 1700<br>Chicago, IL 60661

**Form 13F File Number:** 028-18349

**CRD Number (if applicable):** 000106720

**SEC File Number (if applicable):** 801-48820

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:** Meghan J. Claucherty<br>**Title:** General Counsel and Chief Compliance Officer<br>**Phone:** 312-800-8245

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

/s/ Meghan J. Claucherty  Chicago, IL  02-03-2023<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:** 174

**Form 13F Information Table Value Total:** $339843311

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ABBOTT LABS | COM | 002824100 |  | 226167 | 2060 | SH |  | SOLE |  | 0 | 0 | 2060 |
| ABBVIE INC | COM | 00287Y109 |  | 319988 | 1980 | SH |  | SOLE |  | 0 | 0 | 1980 |
| ADOBE SYSTEMS INCORPORATED | COM | 00724F101 |  | 1098097 | 3263 | SH |  | SOLE |  | 0 | 0 | 3263 |
| AECOM | COM | 00766T100 |  | 575401 | 6775 | SH |  | SOLE |  | 0 | 0 | 6775 |
| ALCOA CORP | COM | 013872106 |  | 225077 | 4950 | SH |  | SOLE |  | 0 | 0 | 4950 |
| ALLSTATE CORP | COM | 020002101 |  | 443463 | 3250 | SH |  | SOLE |  | 0 | 0 | 3250 |
| ALLY FINL INC | COM | 02005N100 |  | 492668 | 20150 | SH |  | SOLE |  | 0 | 0 | 20150 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 2003880 | 22712 | SH |  | SOLE |  | 0 | 0 | 22712 |
| ALTRA INDL MOTION CORP | COM | 02208R106 |  | 398130 | 6650 | SH |  | SOLE |  | 0 | 0 | 6650 |
| AMAZON COM INC | COM | 023135106 |  | 2037322 | 23965 | SH |  | SOLE |  | 0 | 0 | 23965 |
| AMERICAN EQTY INVT LIFE HLD | COM | 025676206 |  | 431109 | 9450 | SH |  | SOLE |  | 0 | 0 | 9450 |
| AMERICAN HOMES 4 RENT | CL A | 02665T306 |  | 278795 | 9250 | SH |  | SOLE |  | 0 | 0 | 9250 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 1996357 | 9423 | SH |  | SOLE |  | 0 | 0 | 9423 |
| AMERISOURCEBERGEN CORP | COM | 03073E105 |  | 327277 | 1975 | SH |  | SOLE |  | 0 | 0 | 1975 |
| ANALOG DEVICES INC | COM | 032654105 |  | 1109499 | 6764 | SH |  | SOLE |  | 0 | 0 | 6764 |
| APARTMENT INCOME REIT CORP | COM | 03750L109 |  | 278666 | 8122 | SH |  | SOLE |  | 0 | 0 | 8122 |
| APPLE INC | COM | 037833100 |  | 2060830 | 15861 | SH |  | SOLE |  | 0 | 0 | 15861 |
| APTIV PLC | SHS | G6095L109 |  | 328283 | 3525 | SH |  | SOLE |  | 0 | 0 | 3525 |
| ARCONIC CORPORATION | COM | 03966V107 |  | 239637 | 11325 | SH |  | SOLE |  | 0 | 0 | 11325 |
| ASSURANT INC | COM | 04621X108 |  | 406445 | 3250 | SH |  | SOLE |  | 0 | 0 | 3250 |
| ATKORE INC | COM | 047649108 |  | 243853 | 2150 | SH |  | SOLE |  | 0 | 0 | 2150 |
| ATLASSIAN CORPORATION | CL A | 049468101 |  | 628602 | 4885 | SH |  | SOLE |  | 0 | 0 | 4885 |
| AUTODESK INC | COM | 052769106 |  | 1166629 | 6243 | SH |  | SOLE |  | 0 | 0 | 6243 |
| BANK OF NT BUTTERFIELD L | SHS NEW | G0772R208 |  | 265309 | 8900 | SH |  | SOLE |  | 0 | 0 | 8900 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 1862358 | 6029 | SH |  | SOLE |  | 0 | 0 | 6029 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 |  | 468711 | 1 | SH |  | SOLE |  | 0 | 0 | 1 |
| BERRY GLOBAL GROUP INC | COM | 08579W103 |  | 482413 | 7983 | SH |  | SOLE |  | 0 | 0 | 7983 |
| BLACKSTONE INC | COM | 09260D107 |  | 784411 | 10573 | SH |  | SOLE |  | 0 | 0 | 10573 |
| BLOCK INC | CL A | 852234103 |  | 642790 | 10229 | SH |  | SOLE |  | 0 | 0 | 10229 |
| CACI INTL INC | CL A | 127190304 |  | 417820 | 1390 | SH |  | SOLE |  | 0 | 0 | 1390 |
| CADENCE DESIGN SYSTEM INC | COM | 127387108 |  | 1422628 | 8856 | SH |  | SOLE |  | 0 | 0 | 8856 |
| CAPRI HOLDINGS LIMITED | SHS | G1890L107 |  | 212084 | 3700 | SH |  | SOLE |  | 0 | 0 | 3700 |
| CELANESE CORP DEL | COM | 150870103 |  | 258156 | 2525 | SH |  | SOLE |  | 0 | 0 | 2525 |
| CHEVRON CORP NEW | COM | 166764100 |  | 369749 | 2060 | SH |  | SOLE |  | 0 | 0 | 2060 |
| CHIPOTLE MEXICAN GRILL INC | COM | 169656105 |  | 1025355 | 739 | SH |  | SOLE |  | 0 | 0 | 739 |
| CHOICE HOTELS INTL INC | COM | 169905106 |  | 222933 | 1975 | SH |  | SOLE |  | 0 | 0 | 1975 |
| CIENA CORP | COM NEW | 171779309 |  | 443526 | 8700 | SH |  | SOLE |  | 0 | 0 | 8700 |
| COCA COLA CO | COM | 191216100 |  | 388912 | 6114 | SH |  | SOLE |  | 0 | 0 | 6114 |
| COLUMBIA SPORTSWEAR CO | COM | 198516106 |  | 273688 | 3125 | SH |  | SOLE |  | 0 | 0 | 3125 |
| CONAGRA BRANDS INC | COM | 205887102 |  | 350235 | 9050 | SH |  | SOLE |  | 0 | 0 | 9050 |
| CONCENTRIX CORP | COM | 20602D101 |  | 356203 | 2675 | SH |  | SOLE |  | 0 | 0 | 2675 |
| CROWN HLDGS INC | COM | 228368106 |  | 326785 | 3975 | SH |  | SOLE |  | 0 | 0 | 3975 |
| D R HORTON INC | COM | 23331A109 |  | 730948 | 8200 | SH |  | SOLE |  | 0 | 0 | 8200 |
| DANAHER CORPORATION | COM | 235851102 |  | 2211703 | 8325 | SH |  | SOLE |  | 0 | 0 | 8325 |
| DARDEN RESTAURANTS INC | COM | 237194105 |  | 313317 | 2265 | SH |  | SOLE |  | 0 | 0 | 2265 |
| DICKS SPORTING GOODS INC | COM | 253393102 |  | 564596 | 4694 | SH |  | SOLE |  | 0 | 0 | 4694 |
| DOMINION ENERGY INC | COM | 25746U109 |  | 222653 | 3631 | SH |  | SOLE |  | 0 | 0 | 3631 |
| DYNATRACE INC | COM NEW | 268150109 |  | 1224489 | 31971 | SH |  | SOLE |  | 0 | 0 | 31971 |
| EAST WEST BANCORP INC | COM | 27579R104 |  | 785858 | 11925 | SH |  | SOLE |  | 0 | 0 | 11925 |
| ECOLAB INC | COM | 278865100 |  | 847468 | 5801 | SH |  | SOLE |  | 0 | 0 | 5801 |
| EDWARDS LIFESCIENCES CORP | COM | 28176E108 |  | 1098259 | 14720 | SH |  | SOLE |  | 0 | 0 | 14720 |
| ELECTRONIC ARTS INC | COM | 285512109 |  | 372649 | 3050 | SH |  | SOLE |  | 0 | 0 | 3050 |
| ENPHASE ENERGY INC | COM | 29355A107 |  | 770239 | 2907 | SH |  | SOLE |  | 0 | 0 | 2907 |
| ESSENT GROUP LTD | COM | G3198U102 |  | 251748 | 6475 | SH |  | SOLE |  | 0 | 0 | 6475 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 298582 | 2707 | SH |  | SOLE |  | 0 | 0 | 2707 |
| F N B CORP | COM | 302520101 |  | 469474 | 35975 | SH |  | SOLE |  | 0 | 0 | 35975 |
| FLEX LTD | ORD | Y2573F102 |  | 564441 | 26302 | SH |  | SOLE |  | 0 | 0 | 26302 |
| FLEXSHARES TR | MORNSTAR UPSTR | 33939L407 |  | 1976885 | 45477 | SH |  | SOLE |  | 0 | 0 | 45477 |
| FLEXSHARES TR | IBOXX 3R TARGT | 33939L506 |  | 398429 | 16940 | SH |  | SOLE |  | 0 | 0 | 16940 |
| FLEXSHARES TR | HIG YLD VL ETF | 33939L662 |  | 686456 | 17226 | SH |  | SOLE |  | 0 | 0 | 17226 |
| FLEXSHARES TR | STOXX GLOBR INF | 33939L795 |  | 939290 | 18633 | SH |  | SOLE |  | 0 | 0 | 18633 |
| FLEXSHARES TR | MSTAR EMKT FAC | 33939L308 |  | 724856 | 15495 | SH |  | SOLE |  | 0 | 0 | 15495 |
| FORTIVE CORP | COM | 34959J108 |  | 1061474 | 16521 | SH |  | SOLE |  | 0 | 0 | 16521 |
| FULLER H B CO | COM | 359694106 |  | 282899 | 3950 | SH |  | SOLE |  | 0 | 0 | 3950 |
| GRAPHIC PACKAGING HLDG CO | COM | 388689101 |  | 354533 | 15850 | SH |  | SOLE |  | 0 | 0 | 15850 |
| HANCOCK WHITNEY CORPORATION | COM | 410120109 |  | 503256 | 10400 | SH |  | SOLE |  | 0 | 0 | 10400 |
| HARTFORD FINL SVCS GROUP INC | COM | 416515104 |  | 642342 | 8425 | SH |  | SOLE |  | 0 | 0 | 8425 |
| HOME DEPOT INC | COM | 437076102 |  | 1228064 | 3888 | SH |  | SOLE |  | 0 | 0 | 3888 |
| HUNT J B TRANS SVCS INC | COM | 445658107 |  | 387951 | 2225 | SH |  | SOLE |  | 0 | 0 | 2225 |
| HUNTSMAN CORP | COM | 447011107 |  | 399834 | 14550 | SH |  | SOLE |  | 0 | 0 | 14550 |
| IDEXX LABS INC | COM | 45168D104 |  | 1386656 | 3399 | SH |  | SOLE |  | 0 | 0 | 3399 |
| INTEGRA LIFESCIENCES HLDGS C | COM NEW | 457985208 |  | 377071 | 6725 | SH |  | SOLE |  | 0 | 0 | 6725 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 204291 | 1450 | SH |  | SOLE |  | 0 | 0 | 1450 |
| INTUIT | COM | 461202103 |  | 1835172 | 4715 | SH |  | SOLE |  | 0 | 0 | 4715 |
| INVESCO EXCHANGE TRADED FD T | S MDCP VLU MNT | 46137V456 |  | 1081170 | 24550 | SH |  | SOLE |  | 0 | 0 | 24550 |
| ISHARES INC | MSCI EMRG CHN | 46434G764 |  | 750073 | 15801 | SH |  | SOLE |  | 0 | 0 | 15801 |
| ISHARES TR | CRE U S REIT ETF | 464288521 |  | 34512441 | 697926 | SH |  | SOLE |  | 0 | 0 | 697926 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 2049512 | 21656 | SH |  | SOLE |  | 0 | 0 | 21656 |
| ISHARES TR | CORE S ETF | 464287200 |  | 40325811 | 104958 | SH |  | SOLE |  | 0 | 0 | 104958 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 3771426 | 38885 | SH |  | SOLE |  | 0 | 0 | 38885 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 794864 | 3286 | SH |  | SOLE |  | 0 | 0 | 3286 |
| ISHARES TR | SP SMCP600VL ETF | 464287879 |  | 258225 | 2828 | SH |  | SOLE |  | 0 | 0 | 2828 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 |  | 838321 | 5528 | SH |  | SOLE |  | 0 | 0 | 5528 |
| ISHARES TR | RUS 1000 ETF | 464287622 |  | 254182 | 1207 | SH |  | SOLE |  | 0 | 0 | 1207 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 447762 | 2090 | SH |  | SOLE |  | 0 | 0 | 2090 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 889195 | 13547 | SH |  | SOLE |  | 0 | 0 | 13547 |
| ISHARES TR | RUS MID CAP ETF | 464287499 |  | 602729 | 8936 | SH |  | SOLE |  | 0 | 0 | 8936 |
| ISHARES TR | EXPND TEC SC ETF | 464287549 |  | 750439 | 2680 | SH |  | SOLE |  | 0 | 0 | 2680 |
| ISHARES TR | BROAD USD HIGH | 46435U853 |  | 1207756 | 34977 | SH |  | SOLE |  | 0 | 0 | 34977 |
| ISHARES TR | CORE 1 5 YR USD | 46432F859 |  | 290575 | 6257 | SH |  | SOLE |  | 0 | 0 | 6257 |
| ISHARES TR | MSCI ACWI ETF | 464288257 |  | 261199 | 3077 | SH |  | SOLE |  | 0 | 0 | 3077 |
| ISHARES TR | S 500 GRWT ETF | 464287309 |  | 812505 | 13889 | SH |  | SOLE |  | 0 | 0 | 13889 |
| ISHARES TR | ISHS 1-5YR INVS | 464288646 |  | 1134850 | 22779 | SH |  | SOLE |  | 0 | 0 | 22779 |
| ISHARES TR | FLTG RATE NT ETF | 46429B655 |  | 732302 | 14550 | SH |  | SOLE |  | 0 | 0 | 14550 |
| ITT INC | COM | 45073V108 |  | 399012 | 4920 | SH |  | SOLE |  | 0 | 0 | 4920 |
| J  J SNACK FOODS CORP | COM | 466032109 |  | 348199 | 2315 | SH |  | SOLE |  | 0 | 0 | 2315 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 684165 | 3873 | SH |  | SOLE |  | 0 | 0 | 3873 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 309771 | 2310 | SH |  | SOLE |  | 0 | 0 | 2310 |
| KBR INC | COM | 48242W106 |  | 405103 | 7655 | SH |  | SOLE |  | 0 | 0 | 7655 |
| KELLOGG CO | COM | 487836108 |  | 376860 | 5290 | SH |  | SOLE |  | 0 | 0 | 5290 |
| KEYCORP | COM | 493267108 |  | 528697 | 30350 | SH |  | SOLE |  | 0 | 0 | 30350 |
| KITE RLTY GROUP TR | COM NEW | 49803T300 |  | 411001 | 19525 | SH |  | SOLE |  | 0 | 0 | 19525 |
| LIFE STORAGE INC | COM | 53223X107 |  | 438325 | 4450 | SH |  | SOLE |  | 0 | 0 | 4450 |
| LOUISIANA PAC CORP | COM | 546347105 |  | 384800 | 6500 | SH |  | SOLE |  | 0 | 0 | 6500 |
| LXP INDUSTRIAL TRUST | COM | 529043101 |  | 280763 | 27675 | SH |  | SOLE |  | 0 | 0 | 27675 |
| M  T BK CORP | COM | 55261F104 |  | 256756 | 1770 | SH |  | SOLE |  | 0 | 0 | 1770 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 1060492 | 28631 | SH |  | SOLE |  | 0 | 0 | 28631 |
| MASTEC INC | COM | 576323109 |  | 753037 | 8825 | SH |  | SOLE |  | 0 | 0 | 8825 |
| MICROSOFT CORP | COM | 594918104 |  | 3168502 | 13212 | SH |  | SOLE |  | 0 | 0 | 13212 |
| MONOLITHIC PWR SYS INC | COM | 609839105 |  | 1261876 | 3561 | SH |  | SOLE |  | 0 | 0 | 3561 |
| MSCI INC | COM | 55354G100 |  | 1409930 | 3031 | SH |  | SOLE |  | 0 | 0 | 3031 |
| NEXSTAR MEDIA GROUP INC | COMMON STOCK | 65336K103 |  | 319430 | 1825 | SH |  | SOLE |  | 0 | 0 | 1825 |
| NIKE INC | CL B | 654106103 |  | 1403091 | 11991 | SH |  | SOLE |  | 0 | 0 | 11991 |
| NOVO-NORDISK A S | ADR | 670100205 |  | 273657 | 2022 | SH |  | SOLE |  | 0 | 0 | 2022 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 1833472 | 12546 | SH |  | SOLE |  | 0 | 0 | 12546 |
| ON SEMICONDUCTOR CORP | COM | 682189105 |  | 484927 | 7775 | SH |  | SOLE |  | 0 | 0 | 7775 |
| OUTFRONT MEDIA INC | COM | 69007J106 |  | 276472 | 16675 | SH |  | SOLE |  | 0 | 0 | 16675 |
| PEPSICO INC | COM | 713448108 |  | 238573 | 1312 | SH |  | SOLE |  | 0 | 0 | 1312 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 338901 | 3307 | SH |  | SOLE |  | 0 | 0 | 3307 |
| POLARIS INC | COM | 731068102 |  | 255025 | 2525 | SH |  | SOLE |  | 0 | 0 | 2525 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 355105 | 2343 | SH |  | SOLE |  | 0 | 0 | 2343 |
| QUEST DIAGNOSTICS INC | COM | 74834L100 |  | 441943 | 2825 | SH |  | SOLE |  | 0 | 0 | 2825 |
| REGAL REXNORD CORPORATION | COM | 758750103 |  | 396126 | 3292 | SH |  | SOLE |  | 0 | 0 | 3292 |
| REINSURANCE GRP OF AMERICA I | COM NEW | 759351604 |  | 689137 | 4850 | SH |  | SOLE |  | 0 | 0 | 4850 |
| ROSS STORES INC | COM | 778296103 |  | 429459 | 3700 | SH |  | SOLE |  | 0 | 0 | 3700 |
| S GLOBAL INC | COM | 78409V104 |  | 299771 | 895 | SH |  | SOLE |  | 0 | 0 | 895 |
| SCHWAB STRATEGIC TR | INTL EQTY ETF | 808524805 |  | 282775 | 8779 | SH |  | SOLE |  | 0 | 0 | 8779 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 |  | 296117 | 3920 | SH |  | SOLE |  | 0 | 0 | 3920 |
| SELECTIVE INS GROUP INC | COM | 816300107 |  | 310135 | 3500 | SH |  | SOLE |  | 0 | 0 | 3500 |
| SERVICE CORP INTL | COM | 817565104 |  | 321501 | 4650 | SH |  | SOLE |  | 0 | 0 | 4650 |
| SERVICENOW INC | COM | 81762P102 |  | 1270031 | 3271 | SH |  | SOLE |  | 0 | 0 | 3271 |
| SOUTHWEST AIRLS CO | COM | 844741108 |  | 252693 | 7505 | SH |  | SOLE |  | 0 | 0 | 7505 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 7557141 | 19761 | SH |  | SOLE |  | 0 | 0 | 19761 |
| SPIRIT RLTY CAP INC NEW | COM NEW | 84860W300 |  | 326115 | 8030 | SH |  | SOLE |  | 0 | 0 | 8030 |
| STEWART INFORMATION SVCS COR | COM | 860372101 |  | 224333 | 5250 | SH |  | SOLE |  | 0 | 0 | 5250 |
| STIFEL FINL CORP | COM | 860630102 |  | 483012 | 8275 | SH |  | SOLE |  | 0 | 0 | 8275 |
| SUMMIT HOTEL PPTYS INC | COM | 866082100 |  | 207214 | 28700 | SH |  | SOLE |  | 0 | 0 | 28700 |
| SYNCHRONY FINANCIAL | COM | 87165B103 |  | 421430 | 12825 | SH |  | SOLE |  | 0 | 0 | 12825 |
| SYNOPSYS INC | COM | 871607107 |  | 542793 | 1700 | SH |  | SOLE |  | 0 | 0 | 1700 |
| SYNOVUS FINL CORP | COM NEW | 87161C501 |  | 451838 | 11925 | SH |  | SOLE |  | 0 | 0 | 11925 |
| TARGET CORP | COM | 87612E106 |  | 262310 | 1760 | SH |  | SOLE |  | 0 | 0 | 1760 |
| TD SYNNEX CORPORATION | COM | 87162W100 |  | 243878 | 2575 | SH |  | SOLE |  | 0 | 0 | 2575 |
| TELEFLEX INCORPORATED | COM | 879369106 |  | 279586 | 1120 | SH |  | SOLE |  | 0 | 0 | 1120 |
| TERADYNE INC | COM | 880770102 |  | 406527 | 4654 | SH |  | SOLE |  | 0 | 0 | 4654 |
| TRUIST FINL CORP | COM | 89832Q109 |  | 396349 | 9211 | SH |  | SOLE |  | 0 | 0 | 9211 |
| TTM TECHNOLOGIES INC | COM | 87305R109 |  | 378508 | 25100 | SH |  | SOLE |  | 0 | 0 | 25100 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 3513861 | 142089 | SH |  | SOLE |  | 0 | 0 | 142089 |
| UNIFIRST CORP MASS | COM | 904708104 |  | 333443 | 1725 | SH |  | SOLE |  | 0 | 0 | 1725 |
| UNITED RENTALS INC | COM | 911363109 |  | 577558 | 1625 | SH |  | SOLE |  | 0 | 0 | 1625 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 2509872 | 4734 | SH |  | SOLE |  | 0 | 0 | 4734 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 |  | 37868762 | 527126 | SH |  | SOLE |  | 0 | 0 | 527126 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 3046770 | 15936 | SH |  | SOLE |  | 0 | 0 | 15936 |
| VANGUARD INDEX FDS | LARGE CAP ETF | 922908637 |  | 35019725 | 201032 | SH |  | SOLE |  | 0 | 0 | 201032 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 15528061 | 84603 | SH |  | SOLE |  | 0 | 0 | 84603 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 13250229 | 37713 | SH |  | SOLE |  | 0 | 0 | 37713 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 10492755 | 51483 | SH |  | SOLE |  | 0 | 0 | 51483 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 359272 | 1683 | SH |  | SOLE |  | 0 | 0 | 1683 |
| VANGUARD MUN BD FDS | TAX EXEMPT BD | 922907746 |  | 938726 | 18968 | SH |  | SOLE |  | 0 | 0 | 18968 |
| VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 92206C409 |  | 1334904 | 17754 | SH |  | SOLE |  | 0 | 0 | 17754 |
| VANGUARD STAR FDS | VG TL INTL STK F | 921909768 |  | 18214763 | 352180 | SH |  | SOLE |  | 0 | 0 | 352180 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 7360493 | 175375 | SH |  | SOLE |  | 0 | 0 | 175375 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 |  | 1495138 | 13817 | SH |  | SOLE |  | 0 | 0 | 13817 |
| VERISK ANALYTICS INC | COM | 92345Y106 |  | 1622005 | 9194 | SH |  | SOLE |  | 0 | 0 | 9194 |
| VIAVI SOLUTIONS INC | COM | 925550105 |  | 144513 | 13750 | SH |  | SOLE |  | 0 | 0 | 13750 |
| VISA INC | COM CL A | 92826C839 |  | 2396304 | 11534 | SH |  | SOLE |  | 0 | 0 | 11534 |
| VULCAN MATLS CO | COM | 929160109 |  | 245154 | 1400 | SH |  | SOLE |  | 0 | 0 | 1400 |
| WALMART INC | COM | 931142103 |  | 395528 | 2779 | SH |  | SOLE |  | 0 | 0 | 2779 |
| WEBSTER FINL CORP | COM | 947890109 |  | 676962 | 14300 | SH |  | SOLE |  | 0 | 0 | 14300 |
| WERNER ENTERPRISES INC | COM | 950755108 |  | 359471 | 8900 | SH |  | SOLE |  | 0 | 0 | 8900 |
| WESCO INTL INC | COM | 95082P105 |  | 632260 | 5050 | SH |  | SOLE |  | 0 | 0 | 5050 |
| WEST PHARMACEUTICAL SVSC INC | COM | 955306105 |  | 963523 | 4094 | SH |  | SOLE |  | 0 | 0 | 4094 |
| WESTERN ALLIANCE BANCORP | COM | 957638109 |  | 436277 | 7325 | SH |  | SOLE |  | 0 | 0 | 7325 |
| WISDOMTREE TR | US EFFICIENT COR | 97717Y790 |  | 492169 | 15167 | SH |  | SOLE |  | 0 | 0 | 15167 |
| ZIMMER BIOMET HOLDINGS INC | COM | 98956P102 |  | 436688 | 3425 | SH |  | SOLE |  | 0 | 0 | 3425 |

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