# EDGAR Filing Document

**Accession Number:** 0001450935
**File Stem:** 0001450935-25-000007
**Filing Date:** 2025-11
**Character Count:** 16719
**Document Hash:** 6c8a1b8e5792766b6512e2fc62c2544b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001450935-25-000007.hdr.sgml**: 20251112

**ACCESSION NUMBER**: 0001450935-25-000007

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251112

**DATE AS OF CHANGE**: 20251112

**EFFECTIVENESS DATE**: 20251112

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** B & T Capital Management DBA Alpha Capital Management
- **CENTRAL INDEX KEY:** 0001450935

**ORGANIZATION NAME:**
- **EIN:** 043688515
- **STATE OF INCORPORATION:** TX
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-13842
- **FILM NUMBER:** 251469488

**BUSINESS ADDRESS:**
- **STREET 1:** 5407 PARKCREST DRIVE
- **STREET 2:** 2ND FLOOR
- **CITY:** AUSTIN
- **STATE:** TX
- **ZIP:** 78731
- **BUSINESS PHONE:** 512-322-9318

**MAIL ADDRESS:**
- **STREET 1:** 5407 PARKCREST DRIVE
- **STREET 2:** 2ND FLOOR
- **CITY:** AUSTIN
- **STATE:** TX
- **ZIP:** 78731

### 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:** B  T Capital Management DBA Alpha Capital Management<br>**Address:** 5407 PARKCREST DRIVE<br>2ND FLOOR<br>AUSTIN, TX 78731

**Form 13F File Number:** 028-13842

**CRD Number (if applicable):** 000121703

**SEC File Number (if applicable):** 801-61613

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:** Mike Turner<br>**Title:** CCO<br>**Phone:** 512-322-9318

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

Mike Turner  Austin, TX  11-12-2025<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:** 117

**Form 13F Information Table Value Total:** $630410423

      (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 |
| ABBVIE INC | COM | 00287Y109 | BBG0025Y4RZ3 | 6476637 | 27972 | SH |  | SOLE |  | 0 | 0 | 27972 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 | BBG001S5NN36 | 252069 | 1558 | SH |  | SOLE |  | 0 | 0 | 1558 |
| AFLAC INC | COM | 001055102 | BBG001S5NGJ4 | 1367655 | 12244 | SH |  | SOLE |  | 0 | 0 | 12244 |
| ALPHABET INC | CAP STK CL A | 02079K305 | BBG009S39JY5 | 11680961 | 48050 | SH |  | SOLE |  | 0 | 0 | 48050 |
| ALPHABET INC | CAP STK CL C | 02079K107 | BBG009S3NB21 | 649061 | 2665 | SH |  | SOLE |  | 0 | 0 | 2665 |
| AMAZON COM INC | COM | 023135106 | BBG001S5PQL7 | 10150493 | 46229 | SH |  | SOLE |  | 0 | 0 | 46229 |
| AMGEN INC | COM | 031162100 | BBG001S5NNL6 | 4400063 | 15592 | SH |  | SOLE |  | 0 | 0 | 15592 |
| AMPLIFY ETF TR | BLOCKCHAIN LDR | 032108607 | BBG00JRH3FV0 | 667652 | 9959 | SH |  | SOLE |  | 0 | 0 | 9959 |
| APPLE INC | COM | 037833100 | BBG001S5N8V8 | 13801582 | 54202 | SH |  | SOLE |  | 0 | 0 | 54202 |
| APPLIED MATLS INC | COM | 038222105 | BBG001S5NMM7 | 893559 | 4364 | SH |  | SOLE |  | 0 | 0 | 4364 |
| ARM HOLDINGS PLC | SPONSORED ADS | 042068205 | BBG01J1GY084 | 819609 | 5793 | SH |  | SOLE |  | 0 | 0 | 5793 |
| ATLAS ENERGY SOLUTIONS INC | COM NEW | 642045108 | BBG01JFZ96Y3 | 8253631 | 725913 | SH |  | SOLE |  | 0 | 0 | 725913 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | BBG001S90346 | 8246947 | 16404 | SH |  | SOLE |  | 0 | 0 | 16404 |
| BLACKROCK INC | COM | 09290D101 | BBG01PSW2WR0 | 6413451 | 5501 | SH |  | SOLE |  | 0 | 0 | 5501 |
| BLACKSTONE INC | COM | 09260D107 | BBG001S7H949 | 9921018 | 58069 | SH |  | SOLE |  | 0 | 0 | 58069 |
| BOOKING HOLDINGS INC | COM | 09857L108 | BBG001S89N72 | 8422899 | 1560 | SH |  | SOLE |  | 0 | 0 | 1560 |
| BROADCOM INC | COM | 11135F101 | BBG00KHY5SY8 | 11410928 | 34588 | SH |  | SOLE |  | 0 | 0 | 34588 |
| BULLISH | ORD SHS | G16910120 | BBG01W8QW1L1 | 719557 | 11312 | SH |  | SOLE |  | 0 | 0 | 11312 |
| CATERPILLAR INC | COM | 149123101 | BBG001S5PJ06 | 6447959 | 13513 | SH |  | SOLE |  | 0 | 0 | 13513 |
| CF INDS HLDGS INC | COM | 125269100 | BBG001SJ8KV8 | 4788007 | 53378 | SH |  | SOLE |  | 0 | 0 | 53378 |
| CHEVRON CORP NEW | COM | 166764100 | BBG001S67ZC5 | 4514621 | 29072 | SH |  | SOLE |  | 0 | 0 | 29072 |
| CISCO SYS INC | COM | 17275R102 | BBG001S6HC62 | 305986 | 4472 | SH |  | SOLE |  | 0 | 0 | 4472 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 | BBG014KFRPJ9 | 3892240 | 11828 | SH |  | SOLE |  | 0 | 0 | 11828 |
| COSTCO WHSL CORP NEW | COM | 22160K105 | BBG001S9KRQ7 | 3010207 | 3252 | SH |  | SOLE |  | 0 | 0 | 3252 |
| COUPANG INC | CL A | 22266T109 | BBG00XMJRPR7 | 623360 | 19359 | SH |  | SOLE |  | 0 | 0 | 19359 |
| CRISPR THERAPEUTICS AG | NAMEN AKT | H17182108 | BBG00DBBGRY0 | 523989 | 8085 | SH |  | SOLE |  | 0 | 0 | 8085 |
| DELL TECHNOLOGIES INC | CL C | 24703L202 | BBG00DW3SZT0 | 336279 | 2372 | SH |  | SOLE |  | 0 | 0 | 2372 |
| ECOLAB INC | COM | 278865100 | BBG001S5QRB5 | 3244420 | 11847 | SH |  | SOLE |  | 0 | 0 | 11847 |
| ELI LILLY  CO | COM | 532457108 | BBG001S5STL8 | 2478987 | 3249 | SH |  | SOLE |  | 0 | 0 | 3249 |
| EOG RES INC | COM | 26875P101 | BBG001S5ZB93 | 2387075 | 21290 | SH |  | SOLE |  | 0 | 0 | 21290 |
| ETF SER SOLUTIONS | DEFIANCE QUANTUM | 26922A420 | BBG00LWJ3BF2 | 9027191 | 86047 | SH |  | SOLE |  | 0 | 0 | 86047 |
| ETFS GOLD TR | PHYSCL GOLD SHS | 00326A104 | BBG001SCTFP8 | 310787 | 8443 | SH |  | SOLE |  | 0 | 0 | 8443 |
| EXXON MOBIL CORP | COM | 30231G102 | BBG001S69V32 | 6737274 | 59754 | SH |  | SOLE |  | 0 | 0 | 59754 |
| FASTENAL CO | COM | 311900104 | BBG001S5R1F7 | 6527012 | 133096 | SH |  | SOLE |  | 0 | 0 | 133096 |
| FIDELITY COVINGTON TRUST | ENHANCED LARGE | 31609A305 | BBG01K4K80N1 | 205751 | 5004 | SH |  | SOLE |  | 0 | 0 | 5004 |
| FIRST TR EXCHANGE-TRADED FD | SMID RISNG ETF | 33741X102 | BBG00J3TCS97 | 13391571 | 352229 | SH |  | SOLE |  | 0 | 0 | 352229 |
| FORD MTR CO | COM | 345370860 | BBG001S5TZ33 | 143736 | 12018 | SH |  | SOLE |  | 0 | 0 | 12018 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 | BBG001SC07Z6 | 4805572 | 6034 | SH |  | SOLE |  | 0 | 0 | 6034 |
| HOME DEPOT INC | COM | 437076102 | BBG001S5RTW7 | 5785038 | 14277 | SH |  | SOLE |  | 0 | 0 | 14277 |
| HONEYWELL INTL INC | COM | 438516106 | BBG001S5X1N1 | 7569243 | 35958 | SH |  | SOLE |  | 0 | 0 | 35958 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 | BBG001S5S399 | 5357169 | 18986 | SH |  | SOLE |  | 0 | 0 | 18986 |
| INVESCO ACTIVELY MANAGED EXC | ULTRA SHRT DUR | 46090A887 | BBG00KJR1T91 | 371733 | 7400 | SH |  | SOLE |  | 0 | 0 | 7400 |
| INVESCO ACTVELY MNGD ETC FD | OPTIMUM YIELD | 46090F100 | BBG007HL81B6 | 216425 | 16115 | SH |  | SOLE |  | 0 | 0 | 16115 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 | BBG001S9GN63 | 55804216 | 92950 | SH |  | SOLE |  | 0 | 0 | 92950 |
| ISHARES BITCOIN TRUST ETF | SHS BEN INT | 46438F101 | BBG01KYQ6QS5 | 1113970 | 17138 | SH |  | SOLE |  | 0 | 0 | 17138 |
| ISHARES TR | 0-3 MNTH TREASRY | 46436E718 | BBG00TZR7YF0 | 1601130 | 15900 | SH |  | SOLE |  | 0 | 0 | 15900 |
| ISHARES TR | CORE S ETF | 464287200 | BBG001SFB7R6 | 275921 | 412 | SH |  | SOLE |  | 0 | 0 | 412 |
| ISHARES TR | GLB INFRASTR ETF | 464288372 | BBG001SYVWT6 | 6413933 | 104940 | SH |  | SOLE |  | 0 | 0 | 104940 |
| ISHARES TR | RUS 2000 GRW ETF | 464287648 | BBG001S562F8 | 1025089 | 3203 | SH |  | SOLE |  | 0 | 0 | 3203 |
| ISHARES TR | ULTRA SHORT DUR | 46434V878 | BBG005PCDCZ5 | 403767 | 7956 | SH |  | SOLE |  | 0 | 0 | 7956 |
| J P MORGAN EXCHANGE TRADED F | EQUITY PREMIUM | 46641Q332 | BBG00TSG0SK6 | 1161016 | 20333 | SH |  | SOLE |  | 0 | 0 | 20333 |
| J P MORGAN EXCHANGE TRADED F | SMALL  MID CAP | 46641Q118 | BBG016CBQDW5 | 12817681 | 202076 | SH |  | SOLE |  | 0 | 0 | 202076 |
| J P MORGAN EXCHANGE TRADED F | ULTRA SHRT ETF | 46641Q837 | BBG00GP26NW0 | 2358945 | 46500 | SH |  | SOLE |  | 0 | 0 | 46500 |
| JPMORGAN CHASE  CO. | COM | 46625H100 | BBG001S8CRC3 | 12122161 | 38431 | SH |  | SOLE |  | 0 | 0 | 38431 |
| KENVUE INC | COM | 49177J102 | BBG01C79X614 | 3797041 | 233952 | SH |  | SOLE |  | 0 | 0 | 233952 |
| KKR  CO INC | COM | 48251W104 | BBG001S6PW05 | 9251495 | 71193 | SH |  | SOLE |  | 0 | 0 | 71193 |
| LATTICE SEMICONDUCTOR CORP | COM | 518415104 | BBG001S6C0G2 | 470348 | 6415 | SH |  | SOLE |  | 0 | 0 | 6415 |
| LOCKHEED MARTIN CORP | COM | 539830109 | BBG001S7PS57 | 5135873 | 10288 | SH |  | SOLE |  | 0 | 0 | 10288 |
| MARTIN MARIETTA MATLS INC | COM | 573284106 | BBG001S7QC51 | 3659118 | 5806 | SH |  | SOLE |  | 0 | 0 | 5806 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 | BBG001SKNNS6 | 3418511 | 6010 | SH |  | SOLE |  | 0 | 0 | 6010 |
| MERCADOLIBRE INC | COM | 58733R102 | BBG001SM32G3 | 9962422 | 4263 | SH |  | SOLE |  | 0 | 0 | 4263 |
| MERCK  CO INC | COM | 58933Y105 | BBG001S5TC52 | 4145189 | 49389 | SH |  | SOLE |  | 0 | 0 | 49389 |
| META PLATFORMS INC | CL A | 30303M102 | BBG001SQCQC5 | 10127300 | 13790 | SH |  | SOLE |  | 0 | 0 | 13790 |
| MICRON TECHNOLOGY INC | COM | 595112103 | BBG001S6P675 | 248805 | 1487 | SH |  | SOLE |  | 0 | 0 | 1487 |
| MICROSOFT CORP | COM | 594918104 | BBG001S5TD05 | 9300846 | 17957 | SH |  | SOLE |  | 0 | 0 | 17957 |
| MSCI INC | COM | 55354G100 | BBG001SV8B05 | 4586943 | 8084 | SH |  | SOLE |  | 0 | 0 | 8084 |
| NETFLIX INC | COM | 64110L106 | BBG001SF6L46 | 697772 | 582 | SH |  | SOLE |  | 0 | 0 | 582 |
| NEXTERA ENERGY INC | COM | 65339F101 | BBG001S5RB29 | 8542373 | 113159 | SH |  | SOLE |  | 0 | 0 | 113159 |
| NVIDIA CORPORATION | COM | 67066G104 | BBG001S5TZJ6 | 10121620 | 54248 | SH |  | SOLE |  | 0 | 0 | 54248 |
| OPEN LENDING CORP | COM | 68373J104 | BBG00VDHLTH4 | 182948 | 86705 | SH |  | SOLE |  | 0 | 0 | 86705 |
| ORACLE CORP | COM | 68389X105 | BBG001S5SJG6 | 8484776 | 30169 | SH |  | SOLE |  | 0 | 0 | 30169 |
| PACER FDS TR | US LRG CP CASH | 69374H360 | BBG01C3RRM56 | 727489 | 20041 | SH |  | SOLE |  | 0 | 0 | 20041 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 | BBG001T53796 | 7289686 | 39961 | SH |  | SOLE |  | 0 | 0 | 39961 |
| PALO ALTO NETWORKS INC | COM | 697435105 | BBG001T9NWN5 | 4487174 | 22037 | SH |  | SOLE |  | 0 | 0 | 22037 |
| PARKER-HANNIFIN CORP | COM | 701094104 | BBG001S5V554 | 6269143 | 8269 | SH |  | SOLE |  | 0 | 0 | 8269 |
| PEPSICO INC | COM | 713448108 | BBG001S695T1 | 4717499 | 33591 | SH |  | SOLE |  | 0 | 0 | 33591 |
| PIMCO ETF TR | ENHAN SHRT MA AC | 72201R833 | BBG001T618D9 | 500933 | 4975 | SH |  | SOLE |  | 0 | 0 | 4975 |
| PROCTER AND GAMBLE CO | COM | 742718109 | BBG001S5V4L9 | 441043 | 2870 | SH |  | SOLE |  | 0 | 0 | 2870 |
| PROSHARES TR | S 500 DV ARIST | 74348A467 | BBG005D266P2 | 309210 | 3000 | SH |  | SOLE |  | 0 | 0 | 3000 |
| QUALCOMM INC | COM | 747525103 | BBG001S6VS70 | 276990 | 1665 | SH |  | SOLE |  | 0 | 0 | 1665 |
| QUANTA SVCS INC | COM | 74762E102 | BBG001S5VH85 | 10784452 | 26023 | SH |  | SOLE |  | 0 | 0 | 26023 |
| RBB FD INC | US TREAS 3 MNTH | 74933W452 | BBG01922X1R4 | 7571350 | 151427 | SH |  | SOLE |  | 0 | 0 | 151427 |
| RBB FD INC | US TRSRY 6 MNTH | 74933W460 | BBG01FRH4691 | 524036 | 10440 | SH |  | SOLE |  | 0 | 0 | 10440 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 | BBG001S6PX49 | 3099233 | 5512 | SH |  | SOLE |  | 0 | 0 | 5512 |
| RH | COM | 74967X103 | BBG002293Q93 | 2833067 | 13945 | SH |  | SOLE |  | 0 | 0 | 13945 |
| ROPER TECHNOLOGIES INC | COM | 776696106 | BBG001S9B362 | 2782927 | 5580 | SH |  | SOLE |  | 0 | 0 | 5580 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 | BBG0025RWLM4 | 1977979 | 72453 | SH |  | SOLE |  | 0 | 0 | 72453 |
| SCHWAB STRATEGIC TR | US LCAP GR ETF | 808524300 | BBG001T66WN0 | 21387148 | 670233 | SH |  | SOLE |  | 0 | 0 | 670233 |
| SCHWAB STRATEGIC TR | US LRG CAP ETF | 808524201 | BBG001T5XQV6 | 21403853 | 812599 | SH |  | SOLE |  | 0 | 0 | 812599 |
| SHOPIFY INC | CL A SUB VTG SHS | 82509L107 | BBG004DW5NC7 | 4419662 | 29740 | SH |  | SOLE |  | 0 | 0 | 29740 |
| SILICON LABORATORIES INC | COM | 826919102 | BBG001S5W492 | 341988 | 2608 | SH |  | SOLE |  | 0 | 0 | 2608 |
| SNOWFLAKE INC | COM SHS | 833445109 | BBG007DHGNK2 | 8841691 | 39201 | SH |  | SOLE |  | 0 | 0 | 39201 |
| SOFI TECHNOLOGIES INC | COM | 83406F102 | BBG00YB1ZF08 | 9140158 | 345956 | SH |  | SOLE |  | 0 | 0 | 345956 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 | BBG001S72SM3 | 5418479 | 8134 | SH |  | SOLE |  | 0 | 0 | 8134 |
| SPDR SERIES TRUST | BLOOMBERG 1-3 MO | 78468R663 | BBG001STKCW9 | 25194000 | 274594 | SH |  | SOLE |  | 0 | 0 | 274594 |
| SPOTIFY TECHNOLOGY S A | SHS | L8681T102 | BBG003T4VFD1 | 813170 | 1165 | SH |  | SOLE |  | 0 | 0 | 1165 |
| STARBUCKS CORP | COM | 855244109 | BBG001S72KH6 | 3728622 | 44074 | SH |  | SOLE |  | 0 | 0 | 44074 |
| STRATUS PPTYS INC | COM NEW | 863167201 | BBG001S7JL59 | 962780 | 45500 | SH |  | SOLE |  | 0 | 0 | 45500 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 | BBG001S5WWW4 | 7624897 | 27301 | SH |  | SOLE |  | 0 | 0 | 27301 |
| TESLA INC | COM | 88160R101 | BBG001SQKGD7 | 1544513 | 3473 | SH |  | SOLE |  | 0 | 0 | 3473 |
| TRISALUS LIFE SCIENCES INC | *W EXP 08/10/202 | 89680M119 |  | 18700 | 11000 | SH |  | SOLE |  | 0 | 0 | 11000 |
| UBER TECHNOLOGIES INC | COM | 90353T100 | BBG002B04MW4 | 3493415 | 35658 | SH |  | SOLE |  | 0 | 0 | 35658 |
| VANGUARD BD INDEX FDS | SHORT TRM BOND | 921937827 | BBG001ST39Q2 | 304199 | 3855 | SH |  | SOLE |  | 0 | 0 | 3855 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 | BBG001SK7DK4 | 1288238 | 17322 | SH |  | SOLE |  | 0 | 0 | 17322 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 | BBG001SHVTS1 | 1536338 | 5230 | SH |  | SOLE |  | 0 | 0 | 5230 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 | BBG001SMD2X3 | 18689024 | 204430 | SH |  | SOLE |  | 0 | 0 | 204430 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 | BBG001TC6MC1 | 672760 | 1099 | SH |  | SOLE |  | 0 | 0 | 1099 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 | BBG001SHTTV0 | 485540 | 1909 | SH |  | SOLE |  | 0 | 0 | 1909 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 | BBG001SHTB03 | 1067072 | 3252 | SH |  | SOLE |  | 0 | 0 | 3252 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 | BBG001SHVR78 | 214919 | 1152 | SH |  | SOLE |  | 0 | 0 | 1152 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 | BBG001SSPWL4 | 519700 | 8673 | SH |  | SOLE |  | 0 | 0 | 8673 |
| VANGUARD WHITEHALL FDS | INTL DVD ETF | 921946810 | BBG00C863MQ1 | 26343220 | 294108 | SH |  | SOLE |  | 0 | 0 | 294108 |
| VANGUARD WORLD FD | ESG US STK ETF | 921910733 | BBG00M0P2SP4 | 456028 | 3850 | SH |  | SOLE |  | 0 | 0 | 3850 |
| VISA INC | COM CL A | 92826C839 | BBG001SRCFY3 | 5707606 | 16719 | SH |  | SOLE |  | 0 | 0 | 16719 |
| VULCAN MATLS CO | COM | 929160109 | BBG001S5X8R2 | 6311149 | 20516 | SH |  | SOLE |  | 0 | 0 | 20516 |
| WALMART INC | COM | 931142103 | BBG001S5XH92 | 6223536 | 60387 | SH |  | SOLE |  | 0 | 0 | 60387 |
| WILLIAMS SONOMA INC | COM | 969904101 | BBG001SBW7S1 | 6885194 | 35227 | SH |  | SOLE |  | 0 | 0 | 35227 |

---