# EDGAR Filing Document

**Accession Number:** 0001744348
**File Stem:** 0001744348-25-000006
**Filing Date:** 2025-10
**Character Count:** 28888
**Document Hash:** 58adacce2192da11fa51af066ae94c6f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001744348-25-000006.hdr.sgml**: 20251006

**ACCESSION NUMBER**: 0001744348-25-000006

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251006

**DATE AS OF CHANGE**: 20251006

**EFFECTIVENESS DATE**: 20251006

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Old Port Advisors
- **CENTRAL INDEX KEY:** 0001744348

**ORGANIZATION NAME:**
- **EIN:** 010488404
- **STATE OF INCORPORATION:** ME
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-18903
- **FILM NUMBER:** 251376363

**BUSINESS ADDRESS:**
- **STREET 1:** 130 MIDDLE STREET, 2ND FLOOR
- **CITY:** PORTLAND
- **STATE:** ME
- **ZIP:** 04101
- **BUSINESS PHONE:** 2077746552

**MAIL ADDRESS:**
- **STREET 1:** 130 MIDDLE STREET, 2ND FLOOR
- **CITY:** PORTLAND
- **STATE:** ME
- **ZIP:** 04101

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 09-30-2025

**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:** Old Port Advisors<br>**Address:** 130 MIDDLE STREET 2ND FLOOR<br>PORTLAND, ME 04101

**Form 13F File Number:** 028-18903

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:** Fredric W Williams<br>**Title:** Managing Director<br>**Phone:** 2077746552

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

Fredric W Williams  Portland, ME  10-06-2025<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:** 238

**Form 13F Information Table Value Total:** $398103785

      (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 |
| Amazon Com Inc. Common | Stock | 023135106 |  | 1603259 | 7302 | SH |  | SOLE | 0 | 7301 | 0 | 0 |
| Hewlett Packard Enterprise Co Common | Stock | 42824C109 |  | 392027 | 15962 | SH |  | SOLE | 0 | 15962 | 0 | 0 |
| Sempra Common | Stock | 816851109 |  | 491471 | 5462 | SH |  | SOLE | 0 | 5462 | 0 | 0 |
| Public Svc Enterprise Grp Inc Common | Stock | 744573106 |  | 1866816 | 22368 | SH |  | SOLE | 0 | 22367 | 0 | 0 |
| iShares Gold (TRUST) | ETF | 464285204 |  | 11238380 | 154437 | SH |  | SOLE | 0 | 154437 | 0 | 0 |
| Johnson  Johnson Common | Stock | 478160104 |  | 929340 | 5012 | SH |  | SOLE | 0 | 5012 | 0 | 0 |
| Seagate Technology Holdings Plc | Stock | G7997R103 |  | 8060006 | 34144 | SH |  | SOLE | 0 | 34143 | 0 | 0 |
| Waste Mgmt Inc Del Common | Stock | 94106L109 |  | 3735793 | 16917 | SH |  | SOLE | 0 | 16917 | 0 | 0 |
| Vanguard Total Stock Market ETF | ETF | 922908769 |  | 354095 | 1079 | SH |  | SOLE | 0 | 1079 | 0 | 0 |
| Costco Whsl Corp New. Common | Stock | 22160K105 |  | 683109 | 738 | SH |  | SOLE | 0 | 737 | 0 | 0 |
| iShares Msci Kld 400 Social ETF | ETF | 464288570 |  | 264873 | 2103 | SH |  | SOLE | 0 | 2103 | 0 | 0 |
| Shell Plc Spon (ADS) | ADR | 780259305 |  | 1488968 | 20816 | SH |  | SOLE | 0 | 20816 | 0 | 0 |
| Boston Scientific Corp. Common | Stock | 101137107 |  | 238510 | 2443 | SH |  | SOLE | 0 | 2443 | 0 | 0 |
| iShares Latin America 40 ETF | ETF | 464287390 |  | 2163571 | 74890 | SH |  | SOLE | 0 | 74889 | 0 | 0 |
| Procter And Gamble Co Common | Stock | 742718109 |  | 600464 | 3908 | SH |  | SOLE | 0 | 3908 | 0 | 0 |
| Coca Cola Co. Common | Stock | 191216100 |  | 542365 | 8178 | SH |  | SOLE | 0 | 8178 | 0 | 0 |
| First Trust Morningstar Dividend Leaders Index (FUND) | ETF | 336917109 |  | 223301 | 5144 | SH |  | SOLE | 0 | 5144 | 0 | 0 |
| Truist Finl Corp Common | Stock | 89832Q109 |  | 1314359 | 28748 | SH |  | SOLE | 0 | 28748 | 0 | 0 |
| Invesco Bulletshares 2025 Corporate Bond ETF | ETF | 46138J825 |  | 1664366 | 80443 | SH |  | SOLE | 0 | 80443 | 0 | 0 |
| United Parcel Service Inc Cl (B) | Stock | 911312106 |  | 1465450 | 17544 | SH |  | SOLE | 0 | 17544 | 0 | 0 |
| Intel Corp Common | Stock | 458140100 |  | 3338710 | 99514 | SH |  | SOLE | 0 | 99514 | 0 | 0 |
| Netflix Inc Common | Stock | 64110L106 |  | 767369 | 640 | SH |  | SOLE | 0 | 640 | 0 | 0 |
| Sun Life Financial Inc. Common | Stock | 866796105 |  | 1120880 | 18672 | SH |  | SOLE | 0 | 18672 | 0 | 0 |
| Sanofi Sponsored ADR | ADR | 80105N105 |  | 2013527 | 42659 | SH |  | SOLE | 0 | 42659 | 0 | 0 |
| Merck  Co Inc Common | Stock | 58933Y105 |  | 570976 | 6803 | SH |  | SOLE | 0 | 6803 | 0 | 0 |
| SPDR S 500 Etf (TRUST) | ETF | 78462F103 |  | 632543 | 950 | SH |  | SOLE | 0 | 949 | 0 | 0 |
| Mckesson Corp Common | Stock | 58155Q103 |  | 1002790 | 1298 | SH |  | SOLE | 0 | 1298 | 0 | 0 |
| Mastercard Incorporated Cl (A) | Stock | 57636Q104 |  | 937291 | 1648 | SH |  | SOLE | 0 | 1647 | 0 | 0 |
| Illinois Tool Wks Inc Common | Stock | 452308109 |  | 206522 | 792 | SH |  | SOLE | 0 | 792 | 0 | 0 |
| United Rentals Inc Common | Stock | 911363109 |  | 291219 | 305 | SH |  | SOLE | 0 | 305 | 0 | 0 |
| Tyler Technologies Inc Common | Stock | 902252105 |  | 4364201 | 8342 | SH |  | SOLE | 0 | 8342 | 0 | 0 |
| Diageo Plc Spon Adr. American | ADR | 25243Q205 |  | 1733352 | 18164 | SH |  | SOLE | 0 | 18163 | 0 | 0 |
| Annaly Capital Management Inc Com. Real | REIT | 035710839 |  | 732196 | 36229 | SH |  | SOLE | 0 | 36229 | 0 | 0 |
| iShares Tips Bond ETF | ETF | 464287176 |  | 275930 | 2481 | SH |  | SOLE | 0 | 2480 | 0 | 0 |
| Corning Inc. Common | Stock | 219350105 |  | 7118835 | 86783 | SH |  | SOLE | 0 | 86783 | 0 | 0 |
| iShares S 100 ETF | ETF | 464287101 |  | 450333 | 1353 | SH |  | SOLE | 0 | 1353 | 0 | 0 |
| Verizon Communications Inc | Stock | 92343V104 |  | 352500 | 8020 | SH |  | SOLE | 0 | 8020 | 0 | 0 |
| Unum Group Common | Stock | 91529Y106 |  | 697764 | 8971 | SH |  | SOLE | 0 | 8971 | 0 | 0 |
| Pepsico Inc Common | Stock | 713448108 |  | 857038 | 6103 | SH |  | SOLE | 0 | 6102 | 0 | 0 |
| First Trust Tcw Opportunistic Fixed Income ETF | ETF | 33740F805 |  | 377526 | 8499 | SH |  | SOLE | 0 | 8499 | 0 | 0 |
| Honeywell Intl Inc Common | Stock | 438516106 |  | 2259530 | 10734 | SH |  | SOLE | 0 | 10734 | 0 | 0 |
| Trane Technologies Plc (SHS) | Stock | G8994E103 |  | 328285 | 778 | SH |  | SOLE | 0 | 778 | 0 | 0 |
| Ford Mtr Co Common | Stock | 345370860 |  | 1697416 | 141924 | SH |  | SOLE | 0 | 141924 | 0 | 0 |
| Xcel Energy Inc Common | Stock | 98389B100 |  | 673186 | 8347 | SH |  | SOLE | 0 | 8347 | 0 | 0 |
| SPDR Bloomberg Convertible Securities ETF | ETF | 78464A359 |  | 417386 | 4612 | SH |  | SOLE | 0 | 4612 | 0 | 0 |
| Home Depot Inc Common | Stock | 437076102 |  | 1470773 | 3630 | SH |  | SOLE | 0 | 3629 | 0 | 0 |
| Invesco Short Term Treasury ETF | ETF | 46138G888 |  | 4585199 | 43404 | SH |  | SOLE | 0 | 43404 | 0 | 0 |
| Dupont De Nemours Inc Common | Stock | 26614N102 |  | 245229 | 3148 | SH |  | SOLE | 0 | 3148 | 0 | 0 |
| SPDR Gold (SHARES) | ETF | 78463V107 |  | 1055390 | 2969 | SH |  | SOLE | 0 | 2969 | 0 | 0 |
| Southern Co Common | Stock | 842587107 |  | 1808027 | 19078 | SH |  | SOLE | 0 | 19078 | 0 | 0 |
| iShares Russell 1000 Growth ETF | ETF | 464287614 |  | 203758 | 435 | SH |  | SOLE | 0 | 435 | 0 | 0 |
| Invesco Bulletshares 2027 Corporate Bond ETF | ETF | 46138J783 |  | 3805153 | 193057 | SH |  | SOLE | 0 | 193057 | 0 | 0 |
| SPDR Portfolio S 400 Mid Cap ETF | ETF | 78464A847 |  | 236080 | 4128 | SH |  | SOLE | 0 | 4128 | 0 | 0 |
| JP Morgan Ultra-Short Income ETF | ETF | 46641Q837 |  | 2721462 | 53646 | SH |  | SOLE | 0 | 53646 | 0 | 0 |
| Invesco Bulletshares 2025 High Yield Corporate Bond ETF | ETF | 46138J817 |  | 242130 | 10500 | SH |  | SOLE | 0 | 10500 | 0 | 0 |
| Atmos Energy Corp. Common | Stock | 049560105 |  | 739611 | 4332 | SH |  | SOLE | 0 | 4331 | 0 | 0 |
| Pinnacle West Cap Corp Common | Stock | 723484101 |  | 234909 | 2620 | SH |  | SOLE | 0 | 2620 | 0 | 0 |
| Schwab U.S. Large-Cap Growth ETF | ETF | 808524300 |  | 2485594 | 77894 | SH |  | SOLE | 0 | 77893 | 0 | 0 |
| Berkshire Hathaway Inc Del Cl B. Common | Stock | 084670702 |  | 7938782 | 15791 | SH |  | SOLE | 0 | 15791 | 0 | 0 |
| Adobe Inc. Common | Stock | 00724F101 |  | 218000 | 618 | SH |  | SOLE | 0 | 618 | 0 | 0 |
| Alphabet Inc Cap Stk Cl. Common | Stock | 02079K305 |  | 3872826 | 15931 | SH |  | SOLE | 0 | 15931 | 0 | 0 |
| Fiserv Inc Common | Stock | 337738108 |  | 225241 | 1747 | SH |  | SOLE | 0 | 1747 | 0 | 0 |
| Intuit Common | Stock | 461202103 |  | 1282505 | 1878 | SH |  | SOLE | 0 | 1878 | 0 | 0 |
| Unilever Plc Spon Adr | ADR | 904767704 |  | 3307747 | 55799 | SH |  | SOLE | 0 | 55798 | 0 | 0 |
| Newmont Corp Common | Stock | 651639106 |  | 1669507 | 19802 | SH |  | SOLE | 0 | 19802 | 0 | 0 |
| First Trust Smid Cap Rising Dividend Achievers ETF | ETF | 33741X102 |  | 444676 | 11696 | SH |  | SOLE | 0 | 11696 | 0 | 0 |
| Csx Corp. Common | Stock | 126408103 |  | 307233 | 8652 | SH |  | SOLE | 0 | 8652 | 0 | 0 |
| Microsoft Corp Common | Stock | 594918104 |  | 15962553 | 30819 | SH |  | SOLE | 0 | 30818 | 0 | 0 |
| Valero Energy Corp Common | Stock | 91913Y100 |  | 743894 | 4369 | SH |  | SOLE | 0 | 4369 | 0 | 0 |
| Invesco Bulletshares 2026 Corporate Bond ETF | ETF | 46138J791 |  | 3504996 | 179192 | SH |  | SOLE | 0 | 179192 | 0 | 0 |
| Simon Property Group Inc | REIT | 828806109 |  | 1428448 | 7611 | SH |  | SOLE | 0 | 7611 | 0 | 0 |
| Rpm Intl Inc Common | Stock | 749685103 |  | 927929 | 7872 | SH |  | SOLE | 0 | 7871 | 0 | 0 |
| Ameriprise Financial Inc. Common | Stock | 03076C106 |  | 672642 | 1369 | SH |  | SOLE | 0 | 1369 | 0 | 0 |
| Invesco Bulletshares 2028 Corporate Bond ETF | ETF | 46138J643 |  | 3768280 | 183193 | SH |  | SOLE | 0 | 183193 | 0 | 0 |
| Vanguard Mid-Cap ETF | ETF | 922908629 |  | 298293 | 1016 | SH |  | SOLE | 0 | 1015 | 0 | 0 |
| Tesla Inc Common | Stock | 88160R101 |  | 341261 | 767 | SH |  | SOLE | 0 | 767 | 0 | 0 |
| JPMORGAN ULTRA-SHORT MUNICIPAL INCOME ETF | ETF | 46641Q654 |  | 308128 | 6037 | SH |  | SOLE | 0 | 6037 | 0 | 0 |
| Moderna Inc Common | Stock | 60770K107 |  | 376240 | 14566 | SH |  | SOLE | 0 | 14566 | 0 | 0 |
| Kimco Rlty Corp Common | REIT | 49446R109 |  | 1710548 | 78286 | SH |  | SOLE | 0 | 78285 | 0 | 0 |
| Public Storage | REIT | 74460D109 |  | 990222 | 3428 | SH |  | SOLE | 0 | 3428 | 0 | 0 |
| Franklin FTSE Latin America ETF | ETF | 35473P561 |  | 2517178 | 107406 | SH |  | SOLE | 0 | 107406 | 0 | 0 |
| Distillate Us Fundamental Stability  Value. Exchange | ETF | 26922A321 |  | 7242171 | 124951 | SH |  | SOLE | 0 | 124951 | 0 | 0 |
| Centerpoint Energy Inc. Common | Stock | 15189T107 |  | 469737 | 12107 | SH |  | SOLE | 0 | 12106 | 0 | 0 |
| Welltower Inc Common | REIT | 95040Q104 |  | 220537 | 1238 | SH |  | SOLE | 0 | 1238 | 0 | 0 |
| SPDR S Global Natural Resources ETF | ETF | 78463X541 |  | 573754 | 9690 | SH |  | SOLE | 0 | 9690 | 0 | 0 |
| Conagra Brands Inc. Common | Stock | 205887102 |  | 1084302 | 59219 | SH |  | SOLE | 0 | 59219 | 0 | 0 |
| Lyondellbasell Industries NV | Stock | N53745100 |  | 1688278 | 34427 | SH |  | SOLE | 0 | 34426 | 0 | 0 |
| Vanguard S 500 ETF | ETF | 922908363 |  | 239441 | 391 | SH |  | SOLE | 0 | 391 | 0 | 0 |
| Astrazeneca Plc Sponsored. American | ADR | 046353108 |  | 2366993 | 30852 | SH |  | SOLE | 0 | 30852 | 0 | 0 |
| Vanguard Global Ex-U.S. Real Estate ETF | ETF | 922042676 |  | 2453072 | 51384 | SH |  | SOLE | 0 | 51384 | 0 | 0 |
| Invesco S 500 Equal Weight ETF | ETF | 46137V357 |  | 524702 | 2766 | SH |  | SOLE | 0 | 2765 | 0 | 0 |
| Tortoise Energy Infra Corp Common | CEF | 89147L886 |  | 340411 | 7900 | SH |  | SOLE | 0 | 7900 | 0 | 0 |
| Innovator U.S. Equity Ultra Buffer ETF - August | ETF | 45782C672 |  | 216188 | 5500 | SH |  | SOLE | 0 | 5500 | 0 | 0 |
| Eli Lilly  Co Common | Stock | 532457108 |  | 1005720 | 1318 | SH |  | SOLE | 0 | 1318 | 0 | 0 |
| Datadog Inc Cl A. Common | Stock | 23804L103 |  | 998794 | 7014 | SH |  | SOLE | 0 | 7014 | 0 | 0 |
| Invesco Bulletshares 2029 Corporate Bond ETF | ETF | 46138J577 |  | 2438773 | 129653 | SH |  | SOLE | 0 | 129653 | 0 | 0 |
| Schwab U.S. Mid-Cap ETF | ETF | 808524508 |  | 292522 | 9869 | SH |  | SOLE | 0 | 9869 | 0 | 0 |
| 908 DEVICES INC COM | Stock | 65443P102 |  | 338390 | 38629 | SH |  | SOLE | 0 | 38629 | 0 | 0 |
| Ppl Corp Common | Stock | 69351T106 |  | 1187189 | 31948 | SH |  | SOLE | 0 | 31948 | 0 | 0 |
| SPDR S Emerging Markets Dividend ETF | ETF | 78463X533 |  | 2814243 | 72439 | SH |  | SOLE | 0 | 72438 | 0 | 0 |
| Innovator U.S. Equity Power Buffer ETF - December | ETF | 45782C540 |  | 447513 | 10650 | SH |  | SOLE | 0 | 10650 | 0 | 0 |
| Innovator U.S. Equity Ultra Buffer ETF - December | ETF | 45782C532 |  | 647494 | 16875 | SH |  | SOLE | 0 | 16875 | 0 | 0 |
| Invesco Senior Loan ETF | ETF | 46138G508 |  | 3006583 | 143649 | SH |  | SOLE | 0 | 143649 | 0 | 0 |
| Duke Energy Corp | Stock | 26441C204 |  | 2447755 | 19780 | SH |  | SOLE | 0 | 19779 | 0 | 0 |
| iShares Ibonds Dec 2027 Term Treasury ETF | ETF | 46436E841 |  | 7222705 | 320724 | SH |  | SOLE | 0 | 320724 | 0 | 0 |
| Ft Vest U.S. Equity Deep Buffer Etf - (AUGUST) | ETF | 33740F854 |  | 262981 | 6028 | SH |  | SOLE | 0 | 6028 | 0 | 0 |
| iShares Ibonds Dec 2026 Term Treasury ETF | ETF | 46436E858 |  | 2070090 | 90200 | SH |  | SOLE | 0 | 90200 | 0 | 0 |
| iShares Ibonds Dec 2029 Term Treasury ETF | ETF | 46436E825 |  | 581171 | 26471 | SH |  | SOLE | 0 | 26471 | 0 | 0 |
| Micron Technology Inc Common | Stock | 595112103 |  | 678189 | 4053 | SH |  | SOLE | 0 | 4053 | 0 | 0 |
| Chipotle Mexican Grill Inc. Common | Stock | 169656105 |  | 224441 | 5727 | SH |  | SOLE | 0 | 5727 | 0 | 0 |
| Dicks Sporting Goods Inc. Common | Stock | 253393102 |  | 252664 | 1137 | SH |  | SOLE | 0 | 1137 | 0 | 0 |
| Quanta Svcs Inc Common | Stock | 74762E102 |  | 1637001 | 3950 | SH |  | SOLE | 0 | 3950 | 0 | 0 |
| Abrdn Global Infrastructure Income Fund | CEF | 00326W106 |  | 1121874 | 53094 | SH |  | SOLE | 0 | 53093 | 0 | 0 |
| Edison Intl Common | Stock | 281020107 |  | 1645133 | 29760 | SH |  | SOLE | 0 | 29760 | 0 | 0 |
| Schwab Us Dividend Equity ETF | ETF | 808524797 |  | 6924731 | 253653 | SH |  | SOLE | 0 | 253653 | 0 | 0 |
| iShares IBonds Dec 2030 Term Treasury ETF | ETF | 46436E593 |  | 1263395 | 63567 | SH |  | SOLE | 0 | 63567 | 0 | 0 |
| Applied Finance Valuation Large Cap ETF | ETF | 26923N405 |  | 7316171 | 171371 | SH |  | SOLE | 0 | 171371 | 0 | 0 |
| Invesco Ftse Rafi Us 1000 ETF | ETF | 46137V613 |  | 205706 | 4550 | SH |  | SOLE | 0 | 4550 | 0 | 0 |
| Visa Inc Com Cl (A) | Stock | 92826C839 |  | 1168660 | 3423 | SH |  | SOLE | 0 | 3423 | 0 | 0 |
| PIMCO Active Bond ETF | ETF | 72201R775 |  | 203082 | 2175 | SH |  | SOLE | 0 | 2175 | 0 | 0 |
| T. ROWE PRICE ULTRA SHORT-TERM BOND ETF | ETF | 87283Q701 |  | 348880 | 7000 | SH |  | SOLE | 0 | 7000 | 0 | 0 |
| Vanguard Growth ETF | ETF | 922908736 |  | 246175 | 513 | SH |  | SOLE | 0 | 513 | 0 | 0 |
| Phillips 66 Common | Stock | 718546104 |  | 265103 | 1949 | SH |  | SOLE | 0 | 1949 | 0 | 0 |
| Constellation Energy Corp. Common | Stock | 21037T109 |  | 228704 | 695 | SH |  | SOLE | 0 | 695 | 0 | 0 |
| Meta Platforms Inc Cl (A) | Stock | 30303M102 |  | 1913189 | 2605 | SH |  | SOLE | 0 | 2605 | 0 | 0 |
| Bce Inc Com. Common | Stock | 05534B760 |  | 1650399 | 70560 | SH |  | SOLE | 0 | 70560 | 0 | 0 |
| Toll Brothers Inc Common | Stock | 889478103 |  | 316064 | 2288 | SH |  | SOLE | 0 | 2288 | 0 | 0 |
| First Trust Nasdaq-100 Technology Sector Index (FUND) | ETF | 337345102 |  | 380923 | 1659 | SH |  | SOLE | 0 | 1659 | 0 | 0 |
| Haleon Plc Spon (ADS) | ADR | 405552100 |  | 107837 | 12022 | SH |  | SOLE | 0 | 12022 | 0 | 0 |
| Wp Carey Inc Common | REIT | 92936U109 |  | 640369 | 9477 | SH |  | SOLE | 0 | 9477 | 0 | 0 |
| Broadcom Inc. Common | Stock | 11135F101 |  | 6975662 | 21144 | SH |  | SOLE | 0 | 21144 | 0 | 0 |
| iShares Asia/Pacific Dividend ETF | ETF | 464286293 |  | 2333757 | 55500 | SH |  | SOLE | 0 | 55499 | 0 | 0 |
| Innovator Equity Managed Floor ETF | ETF | 45783Y673 |  | 333097 | 9245 | SH |  | SOLE | 0 | 9245 | 0 | 0 |
| Metlife Inc Common | Stock | 59156R108 |  | 1422253 | 17267 | SH |  | SOLE | 0 | 17266 | 0 | 0 |
| Hsbc Hldgs Plc Spon Adr | ADR | 404280406 |  | 4206336 | 59261 | SH |  | SOLE | 0 | 59260 | 0 | 0 |
| Novartis Ag Sponsored ADR | ADR | 66987V109 |  | 2654715 | 20701 | SH |  | SOLE | 0 | 20701 | 0 | 0 |
| iShares Core Msci Eafe ETF | ETF | 46432F842 |  | 4369346 | 50044 | SH |  | SOLE | 0 | 50044 | 0 | 0 |
| Royal Bk Cda Common | Stock | 780087102 |  | 2750865 | 18673 | SH |  | SOLE | 0 | 18672 | 0 | 0 |
| Totalenergies Se Sponsored (ADS) | ADR | 89151E109 |  | 2007531 | 33633 | SH |  | SOLE | 0 | 33632 | 0 | 0 |
| GE Healthcare Technologies Inc Common (STOCK) | Stock | 36266G107 |  | 216823 | 2887 | SH |  | SOLE | 0 | 2887 | 0 | 0 |
| Kroger Co Common | Stock | 501044101 |  | 292088 | 4333 | SH |  | SOLE | 0 | 4333 | 0 | 0 |
| Enbridge Inc Common | Stock | 29250N105 |  | 2544513 | 50426 | SH |  | SOLE | 0 | 50426 | 0 | 0 |
| SPDR Bloomberg Investment Grade Floating Rate ETF | ETF | 78468R200 |  | 1164383 | 37731 | SH |  | SOLE | 0 | 37731 | 0 | 0 |
| Nvidia Corporation Common | Stock | 67066G104 |  | 7316495 | 39214 | SH |  | SOLE | 0 | 39213 | 0 | 0 |
| Archer Daniels Midland Co. Common | Stock | 039483102 |  | 968385 | 16210 | SH |  | SOLE | 0 | 16210 | 0 | 0 |
| Cummins Inc. Common | Stock | 231021106 |  | 229391 | 543 | SH |  | SOLE | 0 | 543 | 0 | 0 |
| Genuine Parts Co Common | Stock | 372460105 |  | 2178739 | 15720 | SH |  | SOLE | 0 | 15719 | 0 | 0 |
| Abbvie Inc. Common | Stock | 00287Y109 |  | 291090 | 1257 | SH |  | SOLE | 0 | 1257 | 0 | 0 |
| National Grid Plc Sponsored Adr | ADR | 636274409 |  | 3650511 | 50234 | SH |  | SOLE | 0 | 50234 | 0 | 0 |
| Vanguard Total Bond Market ETF | ETF | 921937835 |  | 1420393 | 19099 | SH |  | SOLE | 0 | 19099 | 0 | 0 |
| National Fuel Gas Co Common | Stock | 636180101 |  | 2772793 | 30018 | SH |  | SOLE | 0 | 30018 | 0 | 0 |
| Potlatchdeltic Corporation Common | REIT | 737630103 |  | 687764 | 16878 | SH |  | SOLE | 0 | 16877 | 0 | 0 |
| Zoetis Inc Cl (A) | Stock | 98978V103 |  | 240645 | 1645 | SH |  | SOLE | 0 | 1644 | 0 | 0 |
| Taiwan Semiconductor Mfg Ltd Sponsored (ADS) | ADR | 874039100 |  | 754921 | 2703 | SH |  | SOLE | 0 | 2703 | 0 | 0 |
| Blackstone Inc. Common | Stock | 09260D107 |  | 989734 | 5793 | SH |  | SOLE | 0 | 5792 | 0 | 0 |
| Stryker Corporation Common | Stock | 863667101 |  | 306456 | 829 | SH |  | SOLE | 0 | 829 | 0 | 0 |
| Qualcomm Inc Common | Stock | 747525103 |  | 322406 | 1938 | SH |  | SOLE | 0 | 1938 | 0 | 0 |
| T-Mobile Us Inc Common | Stock | 872590104 |  | 302802 | 1265 | SH |  | SOLE | 0 | 1264 | 0 | 0 |
| Mcdonalds Corp Common | Stock | 580135101 |  | 320908 | 1056 | SH |  | SOLE | 0 | 1056 | 0 | 0 |
| Cisco Sys Inc. Common | Stock | 17275R102 |  | 3898232 | 56975 | SH |  | SOLE | 0 | 56975 | 0 | 0 |
| ALPS/Smith Core Plus Bond. Exchange | ETF | 00162Q346 |  | 7846125 | 299928 | SH |  | SOLE | 0 | 299928 | 0 | 0 |
| Capital One Finl Corp. Common | Stock | 14040H105 |  | 255521 | 1202 | SH |  | SOLE | 0 | 1202 | 0 | 0 |
| At Inc. Common | Stock | 00206R102 |  | 2881215 | 102026 | SH |  | SOLE | 0 | 102026 | 0 | 0 |
| GE Vernova Inc Common | Stock | 36828A101 |  | 904518 | 1471 | SH |  | SOLE | 0 | 1471 | 0 | 0 |
| Global X Mlp  Energy Infrastructure ETF | ETF | 37954Y293 |  | 4824210 | 76929 | SH |  | SOLE | 0 | 76928 | 0 | 0 |
| GE Aerospace | Stock | 369604301 |  | 1688103 | 5612 | SH |  | SOLE | 0 | 5611 | 0 | 0 |
| iShares S 500 Growth ETF | ETF | 464287309 |  | 1000345 | 8286 | SH |  | SOLE | 0 | 8286 | 0 | 0 |
| iShares Core S 500 ETF | ETF | 464287200 |  | 5138321 | 7677 | SH |  | SOLE | 0 | 7677 | 0 | 0 |
| Oneok Inc New Common | Stock | 682680103 |  | 876074 | 12006 | SH |  | SOLE | 0 | 12005 | 0 | 0 |
| Union Pac Corp Common | Stock | 907818108 |  | 483849 | 2047 | SH |  | SOLE | 0 | 2047 | 0 | 0 |
| Rio Tinto Plc Sponsored ADR | ADR | 767204100 |  | 1898382 | 28759 | SH |  | SOLE | 0 | 28759 | 0 | 0 |
| Ecolab Inc Common | Stock | 278865100 |  | 293852 | 1073 | SH |  | SOLE | 0 | 1073 | 0 | 0 |
| Darden Restaurants Inc. Common | Stock | 237194105 |  | 471671 | 2478 | SH |  | SOLE | 0 | 2477 | 0 | 0 |
| IDEXX Labs Inc. Common | Stock | 45168D104 |  | 3329256 | 5211 | SH |  | SOLE | 0 | 5211 | 0 | 0 |
| IDEXX Labs Inc. Common | Stock | 45168D104 |  | 1341669 | 2100 | SH | Put | SOLE | 0 | 2100 | 0 | 0 |
| Thermo Fisher Scientific Inc Common | Stock | 883556102 |  | 640918 | 1321 | SH |  | SOLE | 0 | 1321 | 0 | 0 |
| Lockheed Martin Corp Common | Stock | 539830109 |  | 1581497 | 3168 | SH |  | SOLE | 0 | 3168 | 0 | 0 |
| JP Morgan Chase  Co. Common | Stock | 46625H100 |  | 8028275 | 25452 | SH |  | SOLE | 0 | 25451 | 0 | 0 |
| International Paper Co Common | Stock | 460146103 |  | 2805983 | 60474 | SH |  | SOLE | 0 | 60473 | 0 | 0 |
| Chevron Corp New. Common | Stock | 166764100 |  | 2981481 | 19199 | SH |  | SOLE | 0 | 19199 | 0 | 0 |
| Conocophil Conocophillips. Common | Stock | 20825C104 |  | 595432 | 6295 | SH |  | SOLE | 0 | 6294 | 0 | 0 |
| M  T Bk Corp Common | Stock | 55261F104 |  | 1540989 | 7798 | SH |  | SOLE | 0 | 7797 | 0 | 0 |
| Tjx Cos Inc New Common | Stock | 872540109 |  | 204210 | 1413 | SH |  | SOLE | 0 | 1412 | 0 | 0 |
| Bank America Corp. Common | Stock | 060505104 |  | 814314 | 15784 | SH |  | SOLE | 0 | 15784 | 0 | 0 |
| Ellsworth Growth  Income Fd L Common | CEF | 289074106 |  | 174949 | 15082 | SH |  | SOLE | 0 | 15081 | 0 | 0 |
| Walmart Inc Common | Stock | 931142103 |  | 2300221 | 22319 | SH |  | SOLE | 0 | 22319 | 0 | 0 |
| First Trust Rising Dividend Achievers ETF | ETF | 33738R506 |  | 373226 | 5549 | SH |  | SOLE | 0 | 5549 | 0 | 0 |
| International Business Machs Common | Stock | 459200101 |  | 5821129 | 20631 | SH |  | SOLE | 0 | 20630 | 0 | 0 |
| Oracle Corp Common | Stock | 68389X105 |  | 1259507 | 4478 | SH |  | SOLE | 0 | 4478 | 0 | 0 |
| Rtx Corporation Common | Stock | 75513E101 |  | 392449 | 2345 | SH |  | SOLE | 0 | 2345 | 0 | 0 |
| Texas Instrs Inc Common | Stock | 882508104 |  | 215883 | 1175 | SH |  | SOLE | 0 | 1175 | 0 | 0 |
| Target Corp Common | Stock | 87612E106 |  | 727469 | 8110 | SH |  | SOLE | 0 | 8110 | 0 | 0 |
| Vanguard High Dividend Yield Index ETF | ETF | 921946406 |  | 3017732 | 21410 | SH |  | SOLE | 0 | 21409 | 0 | 0 |
| Pfizer Inc Common | Stock | 717081103 |  | 2692474 | 105670 | SH |  | SOLE | 0 | 105670 | 0 | 0 |
| Kla Corp Com (NEW) | Stock | 482480100 |  | 509099 | 472 | SH |  | SOLE | 0 | 472 | 0 | 0 |
| Hp Inc Common | Stock | 40434L105 |  | 220835 | 8110 | SH |  | SOLE | 0 | 8110 | 0 | 0 |
| Gilead Sciences Inc Common | Stock | 375558103 |  | 1188144 | 10704 | SH |  | SOLE | 0 | 10704 | 0 | 0 |
| Caterpillar Inc. Common | Stock | 149123101 |  | 3560970 | 7463 | SH |  | SOLE | 0 | 7463 | 0 | 0 |
| Alphabet Inc Cap Stk Cl. Common | Stock | 02079K107 |  | 226258 | 929 | SH |  | SOLE | 0 | 929 | 0 | 0 |
| American Express Co. Common | Stock | 025816109 |  | 423836 | 1276 | SH |  | SOLE | 0 | 1276 | 0 | 0 |
| Amgen Inc. Common | Stock | 031162100 |  | 365167 | 1294 | SH |  | SOLE | 0 | 1294 | 0 | 0 |
| Applied Matls Inc. Common | Stock | 038222105 |  | 597022 | 2916 | SH |  | SOLE | 0 | 2916 | 0 | 0 |
| Wisdomtree Emerging Markets High Dividend | ETF | 97717W315 |  | 2937657 | 63876 | SH |  | SOLE | 0 | 63876 | 0 | 0 |
| Arista Networks Inc. Common | Stock | 040413205 |  | 638356 | 4381 | SH |  | SOLE | 0 | 4381 | 0 | 0 |
| Wisdomtree Europe Quality Dividend Growth | ETF | 97717X610 |  | 1029654 | 29243 | SH |  | SOLE | 0 | 29242 | 0 | 0 |
| Vanguard Dividend Appreciation ETF | ETF | 921908844 |  | 262631 | 1217 | SH |  | SOLE | 0 | 1217 | 0 | 0 |
| iShares Core U.S. Aggregate Bond ETF | ETF | 464287226 |  | 280500 | 2798 | SH |  | SOLE | 0 | 2798 | 0 | 0 |
| Eaton Corp Plc (SHS) | Stock | G29183103 |  | 203592 | 544 | SH |  | SOLE | 0 | 544 | 0 | 0 |
| Alibaba Group Hldg Ltd Sponsored. ADR | ADR | 01609W102 |  | 411973 | 2305 | SH |  | SOLE | 0 | 2305 | 0 | 0 |
| Citizens Finl Group Inc. Common | Stock | 174610105 |  | 2236175 | 42065 | SH |  | SOLE | 0 | 42065 | 0 | 0 |
| Vanguard Short-Term Bond ETF | ETF | 921937827 |  | 2438070 | 30897 | SH |  | SOLE | 0 | 30896 | 0 | 0 |
| Nucor Corp Common | Stock | 670346105 |  | 297946 | 2200 | SH |  | SOLE | 0 | 2200 | 0 | 0 |
| iShares International Developed Real Estate ETF | ETF | 464288489 |  | 1785866 | 77562 | SH |  | SOLE | 0 | 77562 | 0 | 0 |
| Roper Technologies Inc Common | Stock | 776696106 |  | 306196 | 614 | SH |  | SOLE | 0 | 614 | 0 | 0 |
| Pnc Finl Svcs Group Inc Common | Stock | 693475105 |  | 1414793 | 7041 | SH |  | SOLE | 0 | 7041 | 0 | 0 |
| Bristol-Myers Squibb Co. Common | Stock | 110122108 |  | 1671824 | 37069 | SH |  | SOLE | 0 | 37069 | 0 | 0 |
| Dominion Energy Inc Common | Stock | 25746U109 |  | 226818 | 3708 | SH |  | SOLE | 0 | 3708 | 0 | 0 |
| American Wtr Wks Co Inc New. Common | Stock | 030420103 |  | 1676315 | 12043 | SH |  | SOLE | 0 | 12043 | 0 | 0 |
| Exxon Mobil Corp Common | Stock | 30231G102 |  | 1143982 | 10146 | SH |  | SOLE | 0 | 10146 | 0 | 0 |
| Unitedhealth Group Inc Common | Stock | 91324P102 |  | 218230 | 632 | SH |  | SOLE | 0 | 632 | 0 | 0 |
| Travelers Companies Inc Common | Stock | 89417E109 |  | 333668 | 1195 | SH |  | SOLE | 0 | 1195 | 0 | 0 |
| Lowes Cos Inc Common | Stock | 548661107 |  | 852192 | 3391 | SH |  | SOLE | 0 | 3391 | 0 | 0 |
| Deere  Co. Common | Stock | 244199105 |  | 321911 | 704 | SH |  | SOLE | 0 | 704 | 0 | 0 |
| Sprott Physical Gold  Silver Tr (UNIT) | CEF | 85208R101 |  | 621565 | 16941 | SH |  | SOLE | 0 | 16941 | 0 | 0 |
| First Trust Value Line Dividend Index ETF | ETF | 33734H106 |  | 447696 | 9682 | SH |  | SOLE | 0 | 9682 | 0 | 0 |
| Vodafone Group Plc New Sponsored ADR | ADR | 92857W308 |  | 2540162 | 218979 | SH |  | SOLE | 0 | 218979 | 0 | 0 |
| Rayonier Inc Common | REIT | 754907103 |  | 1791106 | 67487 | SH |  | SOLE | 0 | 67487 | 0 | 0 |
| Schwab Charles Corp Common | Stock | 808513105 |  | 716751 | 7508 | SH |  | SOLE | 0 | 7507 | 0 | 0 |
| Cardinal Health Inc. Common | Stock | 14149Y108 |  | 1776002 | 11315 | SH |  | SOLE | 0 | 11315 | 0 | 0 |
| Toronto Dominion Bk Ont Com (NEW) | Stock | 891160509 |  | 564847 | 7065 | SH |  | SOLE | 0 | 7065 | 0 | 0 |
| Blackrock Inc. Common | Stock | 09290D101 |  | 493163 | 423 | SH |  | SOLE | 0 | 423 | 0 | 0 |
| iShares Core S Mid-Cap ETF | ETF | 464287507 |  | 1021744 | 15657 | SH |  | SOLE | 0 | 15656 | 0 | 0 |
| Apple Inc. Common | Stock | 037833100 |  | 8701262 | 34172 | SH |  | SOLE | 0 | 34172 | 0 | 0 |
| Gsk Plc Sponsored ADR | ADR | 37733W204 |  | 2913939 | 67515 | SH |  | SOLE | 0 | 67514 | 0 | 0 |
| Abbott Labs Common | Stock | 002824100 |  | 212295 | 1585 | SH |  | SOLE | 0 | 1585 | 0 | 0 |
| Disney Walt Co. Common | Stock | 254687106 |  | 741954 | 6480 | SH |  | SOLE | 0 | 6479 | 0 | 0 |
| Virtus Reaves Utilities ETF | ETF | 26923G806 |  | 1697518 | 20344 | SH |  | SOLE | 0 | 20344 | 0 | 0 |
| Oaktree Specialty Lending Corp | CEF | 67401P405 |  | 1651347 | 126540 | SH |  | SOLE | 0 | 126539 | 0 | 0 |

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