# EDGAR Filing Document

**Accession Number:** 0001598841
**File Stem:** 0001598841-25-000003
**Filing Date:** 2025-8
**Character Count:** 24030
**Document Hash:** 66a2c837a70796fd3659b6189120546b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001598841-25-000003.hdr.sgml**: 20250805

**ACCESSION NUMBER**: 0001598841-25-000003

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250805

**DATE AS OF CHANGE**: 20250805

**EFFECTIVENESS DATE**: 20250805

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Advisors Preferred, LLC
- **CENTRAL INDEX KEY:** 0001598841

**ORGANIZATION NAME:**
- **EIN:** 364702719
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-16005
- **FILM NUMBER:** 251184647

**BUSINESS ADDRESS:**
- **STREET 1:** 1445 RESEARCH BOULEVARD
- **STREET 2:** #530
- **CITY:** ROCKVILLE
- **STATE:** MD
- **ZIP:** 20850
- **BUSINESS PHONE:** 240-223-1998

**MAIL ADDRESS:**
- **STREET 1:** 1445 RESEARCH BOULEVARD
- **STREET 2:** #530
- **CITY:** ROCKVILLE
- **STATE:** MD
- **ZIP:** 20850

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 06-30-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Advisors Preferred LLC<br>**Address:** 1445 RESEARCH BOULEVARD

#530<br>ROCKVILLE, MD 20850

**Form 13F File Number:** 028-16005

**CRD Number (if applicable):** 000157980

**SEC File Number (if applicable):** 801-72430

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:** Angela Holland<br>**Title:** CCO<br>**Phone:** 2402231988

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

Angela Holland  Columbia, MD  08-05-2025<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:** 1

**Form 13F Information Table Entry Total:** 192

**Form 13F Information Table Value Total:** $364574

      (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.]

| No.   | Name                           | Form 13F File Number   |
|:---|:---|:---|
|  | Flexible Plan Investments Ltd. | 028-12656              |

### 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 |
| Alcoa Corporation | COM | 013872106 |  | 364574 | 12072 | SH |  | OTR | 1 | 12072 | 0 | 0 |
| Apple Inc. | COM | 037833100 |  | 8354364 | 40200 | SH |  | OTR | 1 | 40200 | 0 | 0 |
| Abbott Laboratories | COM | 002824100 |  | 1771380 | 13000 | SH |  | OTR | 1 | 13000 | 0 | 0 |
| Aptus Collared Investment Opportunity ETF | ETF | 26922A222 |  | 142637 | 3447 | SH |  | OTR | 1 | 3447 | 0 | 0 |
| Adobe Inc. | COM | 00724F101 |  | 1725240 | 4400 | SH |  | OTR | 1 | 4400 | 0 | 0 |
| Automatic Data Processing Inc. | COM | 053015103 |  | 373397 | 1204 | SH |  | OTR | 1 | 1204 | 0 | 0 |
| Aflac Inc. | COM | 001055102 |  | 367797 | 3477 | SH |  | OTR | 1 | 3477 | 0 | 0 |
| ALLETE Inc. | COM | 018522300 |  | 8295727 | 128258 | SH |  | OTR | 1 | 128258 | 0 | 0 |
| Amedisys Inc. | COM | 023436108 |  | 6083313 | 63118 | SH |  | OTR | 1 | 63118 | 0 | 0 |
| Amgen Inc. | COM | 031162100 |  | 1365444 | 4700 | SH |  | OTR | 1 | 4700 | 0 | 0 |
| American Homes 4 Rent | REIT | 02665T306 |  | 2475066 | 69252 | SH |  | OTR | 1 | 69252 | 0 | 0 |
| Alerian MLP ETF USD Class | ETF | 00162Q452 |  | 7390218 | 152722 | SH |  | OTR | 1 | 152722 | 0 | 0 |
| AMERISAFE Inc. | COM | 03071H100 |  | 364669 | 8341 | SH |  | OTR | 1 | 8341 | 0 | 0 |
| American Tower Corporation | REIT | 03027X100 |  | 527505 | 2350 | SH |  | OTR | 1 | 2350 | 0 | 0 |
| Amazon.com Inc. | COM | 023135106 |  | 5577638 | 25300 | SH |  | OTR | 1 | 25300 | 0 | 0 |
| A O Smith Corporation | COM | 831865209 |  | 378914 | 5592 | SH |  | OTR | 1 | 5592 | 0 | 0 |
| Air Products and Chemicals Inc. | COM | 009158106 |  | 770769 | 2700 | SH |  | OTR | 1 | 2700 | 0 | 0 |
| Amphenol Corporation | COM | 032095101 |  | 2532140 | 26000 | SH |  | OTR | 1 | 26000 | 0 | 0 |
| AltShares Merger Arbitrage ETF | ETF | 02210T108 |  | 163538 | 5736 | SH |  | OTR | 1 | 5736 | 0 | 0 |
| AvalonBay Communities Inc. | REIT | 053484101 |  | 2422081 | 11915 | SH |  | OTR | 1 | 11915 | 0 | 0 |
| Avery Dennison Corporation | COM | 053611109 |  | 375560 | 2074 | SH |  | OTR | 1 | 2074 | 0 | 0 |
| Bank of America Corporation | COM | 060505104 |  | 2672325 | 55500 | SH |  | OTR | 1 | 55500 | 0 | 0 |
| Saul Centers Inc. | REIT | 804395101 |  | 386246 | 11131 | SH |  | OTR | 1 | 11131 | 0 | 0 |
| SPDR Bloomberg 1-3 Month T-Bill ETF USD Class | ETF | 78468R663 |  | 7579462 | 82890 | SH |  | OTR | 1 | 82890 | 0 | 0 |
| Vanguard Intermediate-Term Bond ETF Investor Class | ETF | 921937819 |  | 7442092 | 96638 | SH |  | OTR | 1 | 96638 | 0 | 0 |
| BNY Mellon US Large Cap Core Equity ETF USD Class | ETF | 09661T107 |  | 10607456 | 89643 | SH |  | OTR | 1 | 89643 | 0 | 0 |
| Blackrock Inc. | COM | 09290D101 |  | 2319394 | 2200 | SH |  | OTR | 1 | 2200 | 0 | 0 |
| Berkshire Hathaway Inc. | COM | 084670702 |  | 2497011 | 5100 | SH |  | OTR | 1 | 5100 | 0 | 0 |
| Caterpillar Inc. | COM | 149123101 |  | 2462796 | 6300 | SH |  | OTR | 1 | 6300 | 0 | 0 |
| Chefs' Warehouse Inc. (The) | COM | 163086101 |  | 1542065 | 24563 | SH |  | OTR | 1 | 24563 | 0 | 0 |
| First Trust NASDAQ Cybersecurity ETF USD Class | ETF | 33734X846 |  | 96448 | 1296 | SH |  | OTR | 1 | 1296 | 0 | 0 |
| CME Group Inc. | COM | 12572Q105 |  | 3171186 | 11514 | SH |  | OTR | 1 | 11514 | 0 | 0 |
| CenterPoint Energy Inc. | COM | 15189T107 |  | 2518273 | 68956 | SH |  | OTR | 1 | 68956 | 0 | 0 |
| CNX Resources Corporation | COM | 12653C108 |  | 731771 | 22747 | SH |  | OTR | 1 | 22747 | 0 | 0 |
| Capital One Financial Corporation | COM | 14040H105 |  | 1463224 | 6800 | SH |  | OTR | 1 | 6800 | 0 | 0 |
| Cencora Inc. | COM | 03073E105 |  | 5286407 | 17900 | SH |  | OTR | 1 | 17900 | 0 | 0 |
| Cencora Inc. | COM | 03073E105 |  | 360303 | 1220 | SH |  | OTR | 1 | 1220 | 0 | 0 |
| Costco Wholesale Corporation | COM | 22160K105 |  | 1380344 | 1400 | SH |  | OTR | 1 | 1400 | 0 | 0 |
| Salesforce Inc. | COM | 79466L302 |  | 2691909 | 9900 | SH |  | OTR | 1 | 9900 | 0 | 0 |
| Simplify Managed Futures Strategy ETF | ETF | 82889N699 |  | 135004 | 5045 | SH |  | OTR | 1 | 5045 | 0 | 0 |
| Chevron Corporation | COM | 166764100 |  | 960762 | 6600 | SH |  | OTR | 1 | 6600 | 0 | 0 |
| SPDR Bloomberg Convertible Securities ETF USD Class | ETF | 78464A359 |  | 3795706 | 46126 | SH |  | OTR | 1 | 46126 | 0 | 0 |
| California Water Service Group | COM | 130788102 |  | 3234635 | 69577 | SH |  | OTR | 1 | 69577 | 0 | 0 |
| Donaldson Company Inc. | COM | 257651109 |  | 372007 | 5264 | SH |  | OTR | 1 | 5264 | 0 | 0 |
| Danaher Corporation | COM | 235851102 |  | 764180 | 3800 | SH |  | OTR | 1 | 3800 | 0 | 0 |
| Digital Realty Trust Inc. | REIT | 253868103 |  | 2106375 | 12300 | SH |  | OTR | 1 | 12300 | 0 | 0 |
| Dollar Tree Inc. | COM | 256746108 |  | 409857 | 4038 | SH |  | OTR | 1 | 4038 | 0 | 0 |
| iShares MSCI Chile ETF USD Class | ETF | 464286640 |  | 29336 | 931 | SH |  | OTR | 1 | 931 | 0 | 0 |
| Ecolab Inc. | COM | 278865100 |  | 408915 | 1500 | SH |  | OTR | 1 | 1500 | 0 | 0 |
| SPDR S Emerging Markets Dividend ETF | ETF | 78463X533 |  | 4713 | 123 | SH |  | OTR | 1 | 123 | 0 | 0 |
| iShares MSCI Emerging Markets ETF USD Class | ETF | 464287234 |  | 18974164 | 392596 | SH |  | OTR | 1 | 392596 | 0 | 0 |
| iShares MSCI EAFE ETF | ETF | 464287465 |  | 28221436 | 316242 | SH |  | OTR | 1 | 316242 | 0 | 0 |
| iShares MSCI Indonesia ETF USD Class | ETF | 46429B309 |  | 16528 | 945 | SH |  | OTR | 1 | 945 | 0 | 0 |
| iShares MSCI Philippines ETF USD Class | ETF | 46429B408 |  | 54850 | 2021 | SH |  | OTR | 1 | 2021 | 0 | 0 |
| iShares MSCI Poland ETF USD Class | ETF | 46429B606 |  | 7149 | 223 | SH |  | OTR | 1 | 223 | 0 | 0 |
| iShares MSCI Peru and Global Exposure ETF USD Class | ETF | 464289842 |  | 9674 | 198 | SH |  | OTR | 1 | 198 | 0 | 0 |
| iShares MSCI Hong Kong ETF USD Class | ETF | 464286871 |  | 28093 | 1411 | SH |  | OTR | 1 | 1411 | 0 | 0 |
| iShares MSCI Brazil ETF USD Class | ETF | 464286400 |  | 13877 | 482 | SH |  | OTR | 1 | 482 | 0 | 0 |
| Exelixis Inc. | COM | 30161Q104 |  | 880862 | 20194 | SH |  | OTR | 1 | 20194 | 0 | 0 |
| Franklin BSP Realty Trust Inc. | REIT | 35243J101 |  | 359183 | 33135 | SH |  | OTR | 1 | 33135 | 0 | 0 |
| Fresh Del Monte Produce Inc. | COM | G36738105 |  | 2604575 | 78286 | SH |  | OTR | 1 | 78286 | 0 | 0 |
| FactSet Research Systems Inc. | COM | 303075105 |  | 371498 | 825 | SH |  | OTR | 1 | 825 | 0 | 0 |
| Federated Hermes Inc. | COM | 314211103 |  | 369838 | 8259 | SH |  | OTR | 1 | 8259 | 0 | 0 |
| Fidelity MSCI Industrials Index ETF USD Class | ETF | 316092709 |  | 275525 | 3536 | SH |  | OTR | 1 | 3536 | 0 | 0 |
| iShares Floating Rate Bond ETF USD Class | ETF | 46429B655 |  | 7420584 | 146017 | SH |  | OTR | 1 | 146017 | 0 | 0 |
| First Solar Inc. | COM | 336433107 |  | 402837 | 2472 | SH |  | OTR | 1 | 2472 | 0 | 0 |
| First Trust Industrials/Producer Durables AlphaDEX Fund | ETF | 33734X150 |  | 82567 | 1091 | SH |  | OTR | 1 | 1091 | 0 | 0 |
| VanEck Gold Miners ETF | ETF | 92189F106 |  | 160595 | 3086 | SH |  | OTR | 1 | 3086 | 0 | 0 |
| VanEck Junior Gold Miners ETF | ETF | 92189F791 |  | 27708 | 410 | SH |  | OTR | 1 | 410 | 0 | 0 |
| SPDR S Global Infrastructure ETF | ETF | 78463X855 |  | 46047 | 684 | SH |  | OTR | 1 | 684 | 0 | 0 |
| SPDR Gold Shares USD Class | ETF | 78463V107 |  | 1651236 | 5369 | SH |  | OTR | 1 | 5369 | 0 | 0 |
| Alphabet Inc. | COM | 02079K305 |  | 4888352 | 27800 | SH |  | OTR | 1 | 27800 | 0 | 0 |
| Goldman Sachs Group Inc. (The) | COM | 38141G104 |  | 1836796 | 2600 | SH |  | OTR | 1 | 2600 | 0 | 0 |
| Goldman Sachs Equal Weight US Large Cap Equity ETF | ETF | 381430438 |  | 2116138 | 25700 | SH |  | OTR | 1 | 25700 | 0 | 0 |
| WW Grainger Inc. | COM | 384802104 |  | 3151100 | 2995 | SH |  | OTR | 1 | 2995 | 0 | 0 |
| Home Depot Inc. (The) | COM | 437076102 |  | 2910648 | 7800 | SH |  | OTR | 1 | 7800 | 0 | 0 |
| Honeywell International Inc. | COM | 438516106 |  | 2531440 | 10602 | SH |  | OTR | 1 | 10602 | 0 | 0 |
| Hormel Foods Corporation | COM | 440452100 |  | 3564823 | 116118 | SH |  | OTR | 1 | 116118 | 0 | 0 |
| Hershey Company (The) | COM | 427866108 |  | 457106 | 2600 | SH |  | OTR | 1 | 2600 | 0 | 0 |
| Humana Inc. | COM | 444859102 |  | 475356 | 1882 | SH |  | OTR | 1 | 1882 | 0 | 0 |
| VanEck Emerging Markets High Yield Bond ETF | ETF | 92189F353 |  | 121258 | 6149 | SH |  | OTR | 1 | 6149 | 0 | 0 |
| iShares iBoxx $ High Yield Corporate Bond ETF USD Class | ETF | 464288513 |  | 3279755 | 40910 | SH |  | OTR | 1 | 40910 | 0 | 0 |
| iShares Interest Rate Hedged High Yield Bond ETF | ETF | 46431W606 |  | 140108 | 1619 | SH |  | OTR | 1 | 1619 | 0 | 0 |
| Intercontinental Exchange Inc. | COM | 45866F104 |  | 2064111 | 11350 | SH |  | OTR | 1 | 11350 | 0 | 0 |
| iShares Convertible Bond ETF | ETF | 46435G102 |  | 244833 | 2742 | SH |  | OTR | 1 | 2742 | 0 | 0 |
| iShares 7-10 Year Treasury Bond ETF USD Class | ETF | 464287440 |  | 49265406 | 517005 | SH |  | OTR | 1 | 517005 | 0 | 0 |
| iShares Global Infrastructure ETF USD Class | ETF | 464288372 |  | 171805 | 2908 | SH |  | OTR | 1 | 2908 | 0 | 0 |
| iShares MSCI India ETF USD Class | ETF | 46429B598 |  | 53941 | 966 | SH |  | OTR | 1 | 966 | 0 | 0 |
| Ingersoll Rand Inc. | COM | 45687V106 |  | 1219790 | 14300 | SH |  | OTR | 1 | 14300 | 0 | 0 |
| iShares U.S. Technology ETF USD Class | ETF | 464287721 |  | 23650 | 138 | SH |  | OTR | 1 | 138 | 0 | 0 |
| Johnson  Johnson | COM | 478160104 |  | 1481240 | 9500 | SH |  | OTR | 1 | 9500 | 0 | 0 |
| SPDR Bloomberg High Yield Bond ETF USD Class | ETF | 78468R622 |  | 4380921 | 45323 | SH |  | OTR | 1 | 45323 | 0 | 0 |
| Juniper Networks Inc. | COM | 48203R104 |  | 2688795 | 67304 | SH |  | OTR | 1 | 67304 | 0 | 0 |
| JPMorgan Chase  Company | COM | 46625H100 |  | 3630125 | 12500 | SH |  | OTR | 1 | 12500 | 0 | 0 |
| Kellanova | COM | 487836108 |  | 368634 | 4616 | SH |  | OTR | 1 | 4616 | 0 | 0 |
| KKR  Company Inc. | COM | 48251W104 |  | 1986750 | 15000 | SH |  | OTR | 1 | 15000 | 0 | 0 |
| Kimberly-Clark Corporation | COM | 494368103 |  | 3408041 | 25895 | SH |  | OTR | 1 | 25895 | 0 | 0 |
| Coca-Cola Company (The) | COM | 191216100 |  | 372182 | 5193 | SH |  | OTR | 1 | 5193 | 0 | 0 |
| Eli Lilly  Company | COM | 532457108 |  | 2638060 | 3400 | SH |  | OTR | 1 | 3400 | 0 | 0 |
| iShares iBoxx $ Investment Grade Corporate Bond ETF USD Class | ETF | 464287242 |  | 1758515 | 16083 | SH |  | OTR | 1 | 16083 | 0 | 0 |
| Franklin International Low Volatility High Dividend Index ETF | ETF | 52468L505 |  | 4675 | 143 | SH |  | OTR | 1 | 143 | 0 | 0 |
| Mastercard Inc. | COM | 57636Q104 |  | 373207 | 661 | SH |  | OTR | 1 | 661 | 0 | 0 |
| Masco Corporation | COM | 574599106 |  | 1845250 | 27500 | SH |  | OTR | 1 | 27500 | 0 | 0 |
| McDonald's Corporation | COM | 580135101 |  | 773474 | 2600 | SH |  | OTR | 1 | 2600 | 0 | 0 |
| Meta Platforms Inc. | COM | 30303M102 |  | 3955710 | 5500 | SH |  | OTR | 1 | 5500 | 0 | 0 |
| Marsh  McLennan Companies Inc. | COM | 571748102 |  | 367044 | 1685 | SH |  | OTR | 1 | 1685 | 0 | 0 |
| Morningstar Inc. | COM | 617700109 |  | 364288 | 1168 | SH |  | OTR | 1 | 1168 | 0 | 0 |
| Millrose Properties Inc. | REIT | 601137102 |  | 47174 | 1650 | SH |  | OTR | 1 | 1650 | 0 | 0 |
| Morgan Stanley | COM | 617446448 |  | 1594091 | 11300 | SH |  | OTR | 1 | 11300 | 0 | 0 |
| MSA Safety Inc. | COM | 553498106 |  | 375661 | 2193 | SH |  | OTR | 1 | 2193 | 0 | 0 |
| Microsoft Corporation | COM | 594918104 |  | 10013218 | 20350 | SH |  | OTR | 1 | 20350 | 0 | 0 |
| iShares Short Duration Bond Active ETF | ETF | 46431W507 |  | 186420 | 3665 | SH |  | OTR | 1 | 3665 | 0 | 0 |
| NextEra Energy Inc. | COM | 65339F101 |  | 401830 | 5500 | SH |  | OTR | 1 | 5500 | 0 | 0 |
| Netflix Inc. | COM | 64110L106 |  | 2199120 | 1700 | SH |  | OTR | 1 | 1700 | 0 | 0 |
| New Jersey Resources Corporation | COM | 646025106 |  | 2443050 | 54002 | SH |  | OTR | 1 | 54002 | 0 | 0 |
| Annaly Capital Management Inc. | REIT | 035710839 |  | 359723 | 18893 | SH |  | OTR | 1 | 18893 | 0 | 0 |
| NVIDIA Corporation | COM | 67066G104 |  | 10117800 | 66000 | SH |  | OTR | 1 | 66000 | 0 | 0 |
| Realty Income Corporation | REIT | 756109104 |  | 3242175 | 56093 | SH |  | OTR | 1 | 56093 | 0 | 0 |
| O-I Glass Inc. | COM | 67098H104 |  | 568994 | 37607 | SH |  | OTR | 1 | 37607 | 0 | 0 |
| Owens  Minor Inc. | COM | 690732102 |  | 446649 | 47415 | SH |  | OTR | 1 | 47415 | 0 | 0 |
| Oracle Corporation | COM | 68389X105 |  | 2408560 | 11000 | SH |  | OTR | 1 | 11000 | 0 | 0 |
| Palo Alto Networks Inc. | COM | 697435105 |  | 632256 | 3200 | SH |  | OTR | 1 | 3200 | 0 | 0 |
| PepsiCo Inc. | COM | 713448108 |  | 946820 | 7000 | SH |  | OTR | 1 | 7000 | 0 | 0 |
| Procter  Gamble Company (The) | COM | 742718109 |  | 2323986 | 14415 | SH |  | OTR | 1 | 14415 | 0 | 0 |
| Invesco Fundamental High Yield Corporate Bond ETF USD Class | ETF | 46138E719 |  | 3295613 | 178624 | SH |  | OTR | 1 | 178624 | 0 | 0 |
| Invesco Building  Construction ETF USD Class | ETF | 46137V779 |  | 25850 | 318 | SH |  | OTR | 1 | 318 | 0 | 0 |
| PennyMac Mortgage Investment Trust | REIT | 70931T103 |  | 373139 | 28703 | SH |  | OTR | 1 | 28703 | 0 | 0 |
| Insulet Corporation | COM | 45784P101 |  | 846872 | 2823 | SH |  | OTR | 1 | 2823 | 0 | 0 |
| Invesco ETF Trust Invesco Dorsey Wright Industrials Momentum ET USD Class | ETF | 46137V845 |  | 58593 | 379 | SH |  | OTR | 1 | 379 | 0 | 0 |
| Public Storage | REIT | 74460D109 |  | 566371 | 1900 | SH |  | OTR | 1 | 1900 | 0 | 0 |
| IndexIQ ETF Trust - IQ Hedge Multi-Strategy Tracker ETF USD Class | ETF | 45409B107 |  | 18769 | 581 | SH |  | OTR | 1 | 581 | 0 | 0 |
| iShares MSCI Qatar ETF | ETF | 46434V779 |  | 244661 | 13168 | SH |  | OTR | 1 | 13168 | 0 | 0 |
| Invesco QQQ Trust Series 1 USD Class | ETF | 46090E103 |  | 3619980 | 6618 | SH |  | OTR | 1 | 6618 | 0 | 0 |
| Invesco Nasdaq 100 ETF USD Class | ETF | 46138G649 |  | 22857669 | 101540 | SH |  | OTR | 1 | 101540 | 0 | 0 |
| iShares MSCI Global Gold Miners ETF | ETF | 46434G855 |  | 156673 | 3577 | SH |  | OTR | 1 | 3577 | 0 | 0 |
| Rollins Inc. | COM | 775711104 |  | 392685 | 6933 | SH |  | OTR | 1 | 6933 | 0 | 0 |
| RPM International Inc. | COM | 749685103 |  | 371786 | 3308 | SH |  | OTR | 1 | 3308 | 0 | 0 |
| Invesco S 500 Equal Weight ETF USD Class | ETF | 46137V357 |  | 4872003 | 26497 | SH |  | OTR | 1 | 26497 | 0 | 0 |
| Invesco S 500 Equal Weight Technology ETF | ETF | 46137V282 |  | 31694 | 777 | SH |  | OTR | 1 | 777 | 0 | 0 |
| SBA Communications Corporation | REIT | 78410G104 |  | 2856763 | 11966 | SH |  | OTR | 1 | 11966 | 0 | 0 |
| Schwab US Dividend Equity ETF USD Class | ETF | 808524797 |  | 18191937 | 672530 | SH |  | OTR | 1 | 672530 | 0 | 0 |
| Schwab U.S. Aggregate Bond ETF | ETF | 808524839 |  | 1752895 | 75719 | SH |  | OTR | 1 | 75719 | 0 | 0 |
| Sprouts Farmers Market Inc. | COM | 85208M102 |  | 1449336 | 8941 | SH |  | OTR | 1 | 8941 | 0 | 0 |
| iShares 0-3 Month Treasury Bond ETF USD Class | ETF | 46436E718 |  | 15608539 | 155510 | SH |  | OTR | 1 | 155510 | 0 | 0 |
| Sherwin-Williams Company (The) | COM | 824348106 |  | 763895 | 2150 | SH |  | OTR | 1 | 2150 | 0 | 0 |
| Global X Silver Miners ETF | ETF | 37954Y848 |  | 11343 | 235 | SH |  | OTR | 1 | 235 | 0 | 0 |
| FlexShares Credit-Scored US Corporate Bond Index Fund | ETF | 33939L761 |  | 163214 | 3359 | SH |  | OTR | 1 | 3359 | 0 | 0 |
| First Trust Cloud Computing ETF USD Class | ETF | 33734X192 |  | 46812 | 389 | SH |  | OTR | 1 | 389 | 0 | 0 |
| Southern Company (The) | COM | 842587107 |  | 844545 | 9150 | SH |  | OTR | 1 | 9150 | 0 | 0 |
| Southern Company (The) | COM | 842587107 |  | 3772024 | 40867 | SH |  | OTR | 1 | 40867 | 0 | 0 |
| SPDR Portfolio S 500 ETF USD Class | ETF | 78464A854 |  | 4548253 | 62605 | SH |  | OTR | 1 | 62605 | 0 | 0 |
| Invesco S 500 Low Volatility ETF USD Class | ETF | 46138E354 |  | 4308945 | 58753 | SH |  | OTR | 1 | 58753 | 0 | 0 |
| iShares 0-5 Year TIPS Bond ETF | ETF | 46429B747 |  | 192503 | 1879 | SH |  | OTR | 1 | 1879 | 0 | 0 |
| Stryker Corporation | COM | 863667101 |  | 1705982 | 4300 | SH |  | OTR | 1 | 4300 | 0 | 0 |
| Sysco Corporation | COM | 871829107 |  | 3110414 | 40207 | SH |  | OTR | 1 | 40207 | 0 | 0 |
| First Trust NASDAQ Technology Dividend Index Fund | ETF | 33738R118 |  | 187421 | 2076 | SH |  | OTR | 1 | 2076 | 0 | 0 |
| FlexShares iBoxx 5-Year Target Duration TIPS Index Fund | ETF | 33939L605 |  | 167339 | 6987 | SH |  | OTR | 1 | 6987 | 0 | 0 |
| Tenet Healthcare Corporation | COM | 88033G407 |  | 954396 | 5379 | SH |  | OTR | 1 | 5379 | 0 | 0 |
| TJX Companies Inc. (The) | COM | 872540109 |  | 1698296 | 13569 | SH |  | OTR | 1 | 13569 | 0 | 0 |
| iShares 20 plus Year Treasury Bond ETF USD Class | ETF | 464287432 |  | 17628 | 200 | SH |  | OTR | 1 | 200 | 0 | 0 |
| TransMedics Group Inc. | COM | 89377M109 |  | 617715 | 4748 | SH |  | OTR | 1 | 4748 | 0 | 0 |
| Thermo Fisher Scientific Inc. | COM | 883556102 |  | 1306557 | 3100 | SH |  | OTR | 1 | 3100 | 0 | 0 |
| ProShares DJ Brookfield Global Infrastructure ETF | ETF | 74347B508 |  | 248187 | 4620 | SH |  | OTR | 1 | 4620 | 0 | 0 |
| Trupanion Inc. | COM | 898202106 |  | 328820 | 6078 | SH |  | OTR | 1 | 6078 | 0 | 0 |
| Tesla Inc. | COM | 88160R101 |  | 1262982 | 4200 | SH |  | OTR | 1 | 4200 | 0 | 0 |
| United Natural Foods Inc. | COM | 911163103 |  | 1036761 | 45313 | SH |  | OTR | 1 | 45313 | 0 | 0 |
| UnitedHealth Group Inc. | COM | 91324P102 |  | 1043648 | 3200 | SH |  | OTR | 1 | 3200 | 0 | 0 |
| US Foods Holding Corporation | COM | 912008109 |  | 2080121 | 26868 | SH |  | OTR | 1 | 26868 | 0 | 0 |
| iShares MSCI USA Min Vol Factor ETF USD Class | ETF | 46429B697 |  | 4808 | 51 | SH |  | OTR | 1 | 51 | 0 | 0 |
| Visa Inc. | COM | 92826C839 |  | 2398001 | 6746 | SH |  | OTR | 1 | 6746 | 0 | 0 |
| Vanguard Short-Term Corporate Bond ETF | ETF | 92206C409 |  | 7424440 | 93814 | SH |  | OTR | 1 | 93814 | 0 | 0 |
| Vanguard Information Technology ETF | ETF | 92204A702 |  | 10390789 | 15829 | SH |  | OTR | 1 | 15829 | 0 | 0 |
| Vanguard Dividend Appreciation ETF USD Class | ETF | 921908844 |  | 12151330 | 58967 | SH |  | OTR | 1 | 58967 | 0 | 0 |
| Vanguard International Dividend Appreciation ETF | ETF | 921946810 |  | 4349413 | 48225 | SH |  | OTR | 1 | 48225 | 0 | 0 |
| Veralto Corporation | COM | 92338C103 |  | 371002 | 3616 | SH |  | OTR | 1 | 3616 | 0 | 0 |
| Vulcan Materials Company | COM | 929160109 |  | 291137 | 1100 | SH |  | OTR | 1 | 1100 | 0 | 0 |
| Vanguard Russell 1000 Growth ETF | ETF | 92206C680 |  | 12287615 | 113690 | SH |  | OTR | 1 | 113690 | 0 | 0 |
| Vanguard S 500 ETF | ETF | 922908363 |  | 1532979 | 2700 | SH |  | OTR | 1 | 2700 | 0 | 0 |
| Invesco Variable Rate Preferred ETF USD Class | ETF | 46138G870 |  | 40734 | 1666 | SH |  | OTR | 1 | 1666 | 0 | 0 |
| Verisk Analytics Inc. | COM | 92345Y106 |  | 3097892 | 9899 | SH |  | OTR | 1 | 9899 | 0 | 0 |
| Vertex Pharmaceuticals Inc. | COM | 92532F100 |  | 994752 | 2200 | SH |  | OTR | 1 | 2200 | 0 | 0 |
| Vanguard Value ETF Class A | ETF | 922908744 |  | 7820928 | 43800 | SH |  | OTR | 1 | 43800 | 0 | 0 |
| Western Digital Corporation | COM | 958102105 |  | 337586 | 5288 | SH |  | OTR | 1 | 5288 | 0 | 0 |
| Welltower Inc. | REIT | 95040Q104 |  | 2514436 | 16586 | SH |  | OTR | 1 | 16586 | 0 | 0 |
| Waste Management Inc. | COM | 94106L109 |  | 5264459 | 23009 | SH |  | OTR | 1 | 23009 | 0 | 0 |
| Williams Companies Inc. (The) | COM | 969457100 |  | 2019968 | 34400 | SH |  | OTR | 1 | 34400 | 0 | 0 |
| Walmart Inc. | COM | 931142103 |  | 2770368 | 28200 | SH |  | OTR | 1 | 28200 | 0 | 0 |
| BondBloxx Bloomberg Six Month Target Duration US Treasury ETF | ETF | 09789C788 |  | 12025524 | 239600 | SH |  | OTR | 1 | 239600 | 0 | 0 |
| Communication Services Select Sector SPDR Fund USD Class | ETF | 81369Y852 |  | 33692888 | 312666 | SH |  | OTR | 1 | 312666 | 0 | 0 |
| Technology Select Sector SPDR Fund USD Class | ETF | 81369Y803 |  | 14049552 | 55981 | SH |  | OTR | 1 | 55981 | 0 | 0 |
| Consumer Discretionary Select Sector SPDR Fund | ETF | 81369Y407 |  | 33116372 | 151729 | SH |  | OTR | 1 | 151729 | 0 | 0 |
| Exxon Mobil Corporation | COM | 30231G102 |  | 895768 | 8200 | SH |  | OTR | 1 | 8200 | 0 | 0 |

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