# EDGAR Filing Document

**Accession Number:** 0001817648
**File Stem:** 0001172661-26-001716
**Filing Date:** 2026-5
**Character Count:** 18785
**Document Hash:** 6573743eb28b675bd3c0e84449b61832
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001172661-26-001716.hdr.sgml**: 20260512

**ACCESSION NUMBER**: 0001172661-26-001716

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260512

**DATE AS OF CHANGE**: 20260512

**EFFECTIVENESS DATE**: 20260512

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ABSOLUTE CAPITAL MANAGEMENT, LLC
- **CENTRAL INDEX KEY:** 0001817648

**ORGANIZATION NAME:**
- **EIN:** 251879568
- **STATE OF INCORPORATION:** PA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-21528
- **FILM NUMBER:** 26967930

**BUSINESS ADDRESS:**
- **STREET 1:** 101 PENNSYLVANIA BOULEVARD
- **CITY:** PITTSBURGH
- **STATE:** PA
- **ZIP:** 15228
- **BUSINESS PHONE:** 888-388-8303

**MAIL ADDRESS:**
- **STREET 1:** 101 PENNSYLVANIA BOULEVARD
- **CITY:** PITTSBURGH
- **STATE:** PA
- **ZIP:** 15228

### 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:** ABSOLUTE CAPITAL MANAGEMENT LLC<br>**Address:** 101 Pennsylvania Boulevard<br>Pittsburgh, PA 15228

**Form 13F File Number:** 028-21528

**CRD Number (if applicable):** 000121484

**SEC File Number (if applicable):** 801-61336

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:** Brenden Gebben<br>**Title:** Managing Director  CEO<br>**Phone:** 888-388-8303

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

/s/ Brenden Gebben  Pittsburgh, PA  05-12-2026<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:** 146

**Form 13F Information Table Value Total:** $301044977

      (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 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 466463 | 2293 | SH |  | SOLE |  | 1900 | 0 | 393 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 629690 | 2189 | SH |  | SOLE |  | 0 | 0 | 2189 |
| AMAZON COM INC | COM | 023135106 |  | 482146 | 2315 | SH |  | SOLE |  | 0 | 0 | 2315 |
| AMPHENOL CORP | CL A | 032095101 |  | 210678 | 1664 | SH |  | SOLE |  | 0 | 0 | 1664 |
| ANALOG DEVICES INC | COM | 032654105 |  | 478809 | 1505 | SH |  | SOLE |  | 1480 | 0 | 25 |
| APPLE INC | COM | 037833100 |  | 946940 | 3731 | SH |  | SOLE |  | 0 | 0 | 3731 |
| APPLIED MATLS INC | COM | 038222105 |  | 586172 | 1715 | SH |  | SOLE |  | 1570 | 0 | 145 |
| ASML HLDG NV | N Y REGISTRY SHS | N07059210 |  | 541540 | 410 | SH |  | SOLE |  | 410 | 0 | 0 |
| BANK MONTREAL MEDIUM | NT LKD 38 | 06368B504 |  | 1675041 | 28100 | SH |  | SOLE |  | 28100 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 |  | 7181400 | 10 | SH |  | SOLE |  | 10 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 2212945 | 4618 | SH |  | SOLE |  | 4600 | 0 | 18 |
| BLACKROCK ETF TRUST | ISHARES A I INNO | 09290C780 |  | 2279153 | 69169 | SH |  | SOLE |  | 0 | 0 | 69169 |
| BLACKROCK ETF TRUST | ISHARES DEFENSE | 09290C699 |  | 1793506 | 54814 | SH |  | SOLE |  | 0 | 0 | 54814 |
| BLACKROCK ETF TRUST | ISHARES LARGE CA | 09290C855 |  | 1653486 | 40269 | SH |  | SOLE |  | 0 | 0 | 40269 |
| BLACKROCK ETF TRUST | ISHARES US CARBO | 09290C509 |  | 290929 | 4147 | SH |  | SOLE |  | 0 | 0 | 4147 |
| BLACKROCK ETF TRUST | ISHARES US EQUIT | 09290C103 |  | 4634337 | 79655 | SH |  | SOLE |  | 0 | 0 | 79655 |
| BLACKROCK ETF TRUST | ISHARES US THEMA | 09290C806 |  | 2182305 | 60251 | SH |  | SOLE |  | 0 | 0 | 60251 |
| BLACKROCK ETF TRUST II | ISHARES FLEXIBLE | 092528603 |  | 543087 | 10457 | SH |  | SOLE |  | 0 | 0 | 10457 |
| BROADCOM INC | COM | 11135F101 |  | 1092066 | 3528 | SH |  | SOLE |  | 2280 | 0 | 1248 |
| CADENCE DESIGN SYSTEM INC | COM | 127387108 |  | 227297 | 818 | SH |  | SOLE |  | 810 | 0 | 8 |
| CAPITAL GROUP GROWTH ETF | SHS CREATION UNI | 14020G101 |  | 1579785 | 39308 | SH |  | SOLE |  | 0 | 0 | 39308 |
| COSTCO WHOLESALE CORPORATION | COM | 22160K105 |  | 2088540 | 2096 | SH |  | SOLE |  | 2000 | 0 | 96 |
| ELI LILLY  CO | COM | 532457108 |  | 232774 | 253 | SH |  | SOLE |  | 0 | 0 | 253 |
| EMCOR GROUP INC | COM | 29084Q100 |  | 309363 | 419 | SH |  | SOLE |  | 0 | 0 | 419 |
| FIDELITY COVINGTON TRUST | HIGH DIVID ETF | 316092840 |  | 971118 | 17580 | SH |  | SOLE |  | 0 | 0 | 17580 |
| FLEXSHARES TR | CRE SLCT BD FD | 33939L670 |  | 546189 | 24560 | SH |  | SOLE |  | 0 | 0 | 24560 |
| FLEXSHARES TR | HIG YLD VL ETF | 33939L662 |  | 227661 | 5683 | SH |  | SOLE |  | 0 | 0 | 5683 |
| FLEXSHARES TR | IBOXX 3R TARGT | 33939L506 |  | 331119 | 13660 | SH |  | SOLE |  | 0 | 0 | 13660 |
| FLEXSHARES TR | INTL QLTDV IDX | 33939L837 |  | 301658 | 9525 | SH |  | SOLE |  | 0 | 0 | 9525 |
| FLEXSHARES TR | QUALT DIVD IDX | 33939L860 |  | 333366 | 4215 | SH |  | SOLE |  | 0 | 0 | 4215 |
| FLEXSHARES TR | US QUALITY CAP | 33939L746 |  | 202747 | 2594 | SH |  | SOLE |  | 0 | 0 | 2594 |
| FRANKLIN TEMPLETON ETF TR | INTL COR DIV TIL | 35473P108 |  | 1791450 | 45000 | SH |  | SOLE |  | 45000 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 3703788 | 4378 | SH |  | SOLE |  | 4100 | 0 | 278 |
| INTEL CORP | COM | 458140100 |  | 447478 | 10140 | SH |  | SOLE |  | 9930 | 0 | 210 |
| INVESCO EXCH TRADED FD TR II | INVESCO PHLX SM | 46138G615 |  | 4053630 | 67900 | SH |  | SOLE |  | 67900 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | S 500 REVENUE | 46138G698 |  | 5364805 | 46687 | SH |  | SOLE |  | 13500 | 0 | 33187 |
| INVESCO EXCHANGE TRADED FD T | DJ INDL AVG DV | 46137V605 |  | 6577374 | 110100 | SH |  | SOLE |  | 110100 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 13549878 | 23476 | SH |  | SOLE |  | 23450 | 0 | 26 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 |  | 298052 | 3380 | SH |  | SOLE |  | 0 | 0 | 3380 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 |  | 4641174 | 66539 | SH |  | SOLE |  | 0 | 0 | 66539 |
| ISHARES TR | 10-20 YR TRS ETF | 464288653 |  | 1294788 | 12855 | SH |  | SOLE |  | 0 | 0 | 12855 |
| ISHARES TR | BROAD USD HIGH | 46435U853 |  | 462597 | 12556 | SH |  | SOLE |  | 0 | 0 | 12556 |
| ISHARES TR | CONV BD ETF | 46435G102 |  | 339260 | 3333 | SH |  | SOLE |  | 0 | 0 | 3333 |
| ISHARES TR | CORE DIVID ETF | 46435U861 |  | 9965433 | 184716 | SH |  | SOLE |  | 166200 | 0 | 18516 |
| ISHARES TR | CORE INTL AGGR | 46435G672 |  | 768604 | 15359 | SH |  | SOLE |  | 0 | 0 | 15359 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 |  | 332803 | 3676 | SH |  | SOLE |  | 0 | 0 | 3676 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 386488 | 5723 | SH |  | SOLE |  | 0 | 0 | 5723 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 2483912 | 19981 | SH |  | SOLE |  | 18999 | 0 | 982 |
| ISHARES TR | CORE S ETF | 464287200 |  | 8172134 | 12510 | SH |  | SOLE |  | 0 | 0 | 12510 |
| ISHARES TR | CORE UNIVRSL USD | 46434V613 |  | 3221165 | 69737 | SH |  | SOLE |  | 0 | 0 | 69737 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 336533 | 3390 | SH |  | SOLE |  | 0 | 0 | 3390 |
| ISHARES TR | EAFE GRWTH ETF | 464288885 |  | 2523429 | 22658 | SH |  | SOLE |  | 0 | 0 | 22658 |
| ISHARES TR | EAFE VALUE ETF | 464288877 |  | 3920431 | 52729 | SH |  | SOLE |  | 0 | 0 | 52729 |
| ISHARES TR | ESG AWR MSCI USA | 46435G425 |  | 232916 | 1646 | SH |  | SOLE |  | 0 | 0 | 1646 |
| ISHARES TR | ESG AWR US AGRGT | 46435U549 |  | 283137 | 5954 | SH |  | SOLE |  | 0 | 0 | 5954 |
| ISHARES TR | ESG AWRE USD ETF | 46435G193 |  | 305755 | 13214 | SH |  | SOLE |  | 0 | 0 | 13214 |
| ISHARES TR | FALN ANGLS USD | 46435G474 |  | 1615541 | 60462 | SH |  | SOLE |  | 0 | 0 | 60462 |
| ISHARES TR | HDG MSCI EAFE | 46434V803 |  | 2228602 | 52444 | SH |  | SOLE |  | 14000 | 0 | 38444 |
| ISHARES TR | IBONDS DEC 2032 | 46436E312 |  | 2143777 | 84835 | SH |  | SOLE |  | 0 | 0 | 84835 |
| ISHARES TR | ISHARES SEMICDTR | 464287523 |  | 9153181 | 27850 | SH |  | SOLE |  | 27850 | 0 | 0 |
| ISHARES TR | ISHS 5-10YR INVT | 464288638 |  | 2429019 | 45641 | SH |  | SOLE |  | 0 | 0 | 45641 |
| ISHARES TR | MBS ETF | 464288588 |  | 879820 | 9266 | SH |  | SOLE |  | 0 | 0 | 9266 |
| ISHARES TR | MORNINGSTAR GRWT | 464287119 |  | 1483296 | 15535 | SH |  | SOLE |  | 15400 | 0 | 135 |
| ISHARES TR | MORNINGSTAR VALU | 464288109 |  | 7814446 | 83900 | SH |  | SOLE |  | 83900 | 0 | 0 |
| ISHARES TR | MSCI USA MIN VOL | 46429B697 |  | 209409 | 2258 | SH |  | SOLE |  | 0 | 0 | 2258 |
| ISHARES TR | MSCI USA MMENTM | 46432F396 |  | 2248160 | 9367 | SH |  | SOLE |  | 0 | 0 | 9367 |
| ISHARES TR | MSCI USA QLT FCT | 46432F339 |  | 3614795 | 18845 | SH |  | SOLE |  | 0 | 0 | 18845 |
| ISHARES TR | MSCI USA VALUE | 46432F388 |  | 2649291 | 18632 | SH |  | SOLE |  | 0 | 0 | 18632 |
| ISHARES TR | RUS 1000 ETF | 464287622 |  | 364757 | 1023 | SH |  | SOLE |  | 0 | 0 | 1023 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 223264 | 523 | SH |  | SOLE |  | 0 | 0 | 523 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 2341731 | 9442 | SH |  | SOLE |  | 8674 | 0 | 768 |
| ISHARES TR | S 500 GRWT ETF | 464287309 |  | 4959437 | 43846 | SH |  | SOLE |  | 0 | 0 | 43846 |
| ISHARES TR | S 500 VAL ETF | 464287408 |  | 5667631 | 26841 | SH |  | SOLE |  | 0 | 0 | 26841 |
| ISHARES TR | TRUST ISHARE 0-1 | 464288679 |  | 451161 | 4087 | SH |  | SOLE |  | 0 | 0 | 4087 |
| ISHARES TR | US AER DEF ETF | 464288760 |  | 2332572 | 10663 | SH |  | SOLE |  | 5000 | 0 | 5663 |
| ISHARES TR | US HOME CONS ETF | 464288752 |  | 860225 | 9500 | SH |  | SOLE |  | 9500 | 0 | 0 |
| ISHARES TR | US TREAS BD ETF | 46429B267 |  | 1062849 | 46392 | SH |  | SOLE |  | 0 | 0 | 46392 |
| J P MORGAN EXCHANGE TRADED F | BETABUILDRS US | 46641Q399 |  | 275545 | 2351 | SH |  | SOLE |  | 0 | 0 | 2351 |
| J P MORGAN EXCHANGE TRADED F | NASDAQ EQT PREM | 46654Q203 |  | 627488 | 11302 | SH |  | SOLE |  | 0 | 0 | 11302 |
| JANUS DETROIT STR TR | HENDRSON AAA CL | 47103U845 |  | 3900088 | 77427 | SH |  | SOLE |  | 51100 | 0 | 26327 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 908071 | 3087 | SH |  | SOLE |  | 3000 | 0 | 87 |
| KLA CORP | COM NEW | 482480100 |  | 698040 | 474 | SH |  | SOLE |  | 350 | 0 | 124 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 759285 | 3552 | SH |  | SOLE |  | 2530 | 0 | 1022 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 220683 | 2228 | SH |  | SOLE |  | 2200 | 0 | 28 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 282848 | 566 | SH |  | SOLE |  | 0 | 0 | 566 |
| META PLATFORMS INC | CL A | 30303M102 |  | 426275 | 745 | SH |  | SOLE |  | 0 | 0 | 745 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 545086 | 1613 | SH |  | SOLE |  | 1510 | 0 | 103 |
| MICROSOFT CORP | COM | 594918104 |  | 1766390 | 4771 | SH |  | SOLE |  | 2700 | 0 | 2071 |
| NETFLIX INC. | COM | 64110L106 |  | 1990594 | 20703 | SH |  | SOLE |  | 20000 | 0 | 703 |
| NORTHERN LTS FD TR III | HCM DEFEN 500 | 66538R730 |  | 299147 | 5252 | SH |  | SOLE |  | 0 | 0 | 5252 |
| NORTHERN LTS FD TR III | HCM DEFND 100 | 66538R748 |  | 301526 | 4318 | SH |  | SOLE |  | 0 | 0 | 4318 |
| NORTHERN LTS FD TR IV | MAIN SECTR ROTN | 66538H591 |  | 234812 | 3888 | SH |  | SOLE |  | 0 | 0 | 3888 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 2909575 | 16683 | SH |  | SOLE |  | 10450 | 0 | 6233 |
| QUALCOMM INC | COM | 747525103 |  | 424718 | 3298 | SH |  | SOLE |  | 2430 | 0 | 868 |
| QUANTA SVCS INC | COM | 74762E102 |  | 2034119 | 3705 | SH |  | SOLE |  | 3700 | 0 | 5 |
| SCHWAB STRATEGIC TR | 5 10YR CORP BD | 808524698 |  | 415929 | 18339 | SH |  | SOLE |  | 0 | 0 | 18339 |
| SELECT SECTOR SPDR TR | STATE STREET FIN | 81369Y605 |  | 2957263 | 59900 | SH |  | SOLE |  | 59900 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET IND | 81369Y704 |  | 1469640 | 9087 | SH |  | SOLE |  | 7000 | 0 | 2087 |
| SELECT SECTOR SPDR TR | STATE STREET TEC | 81369Y803 |  | 5745176 | 43229 | SH |  | SOLE |  | 41600 | 0 | 1629 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 217297 | 505 | SH |  | SOLE |  | 0 | 0 | 505 |
| SPDR INDEX SHS FDS | STATE STREET SPD | 78463X889 |  | 902918 | 19779 | SH |  | SOLE |  | 0 | 0 | 19779 |
| SPDR INDEX SHS FDS | STATE STREET SPD | 78463X509 |  | 700360 | 14929 | SH |  | SOLE |  | 0 | 0 | 14929 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A847 |  | 248367 | 4193 | SH |  | SOLE |  | 0 | 0 | 4193 |
| SPDR SERIES TRUST | STATE STREET SPD | 78468R663 |  | 283167 | 3090 | SH |  | SOLE |  | 0 | 0 | 3090 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A698 |  | 2078285 | 31900 | SH |  | SOLE |  | 31900 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A128 |  | 10114658 | 47050 | SH |  | SOLE |  | 46100 | 0 | 950 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A870 |  | 2514243 | 19684 | SH |  | SOLE |  | 12300 | 0 | 7384 |
| SPDR SERIES TRUST | STATE STREET SPD | 78468R853 |  | 340518 | 7047 | SH |  | SOLE |  | 0 | 0 | 7047 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A854 |  | 7931769 | 103629 | SH |  | SOLE |  | 97200 | 0 | 6429 |
| SPDR SERIES TRUST | STATE STRET SPDR | 78468R440 |  | 332813 | 9444 | SH |  | SOLE |  | 0 | 0 | 9444 |
| SSGA ACTIVE TR | STATE STREET FIX | 78470P507 |  | 402442 | 15647 | SH |  | SOLE |  | 0 | 0 | 15647 |
| SSGA ACTIVE TR | STATE STREET US | 78470P408 |  | 1027403 | 17793 | SH |  | SOLE |  | 0 | 0 | 17793 |
| STATE STR SPDR DOW JONES IND | UT SER 1 | 78467X109 |  | 3937115 | 8500 | SH |  | SOLE |  | 8500 | 0 | 0 |
| STATE STR SPDR S 500 ETF T | TR UNIT | 78462F103 |  | 5226625 | 8030 | SH |  | SOLE |  | 6020 | 0 | 2010 |
| SYNOPSYS INC | COM | 871607107 |  | 233130 | 588 | SH |  | SOLE |  | 580 | 0 | 8 |
| TAIWAN SEMICONDUCTOR MANUFAC | SPONSORED ADS | 874039100 |  | 1207781 | 3573 | SH |  | SOLE |  | 3270 | 0 | 303 |
| TEXAS INSTRS INC | COM | 882508104 |  | 478749 | 2466 | SH |  | SOLE |  | 2420 | 0 | 46 |
| TRUST FOR PROFESSIONAL MANAG | ACTIVEPASSIVE US | 89834G729 |  | 210500 | 5252 | SH |  | SOLE |  | 0 | 0 | 5252 |
| VANECK ETF TRUST | SEMICONDUCTR ETF | 92189F676 |  | 4152617 | 10831 | SH |  | SOLE |  | 10684 | 0 | 147 |
| VANGUARD ADMIRAL FDS INC | 500 GRTH IDX F | 921932505 |  | 5180108 | 12706 | SH |  | SOLE |  | 11500 | 0 | 1206 |
| VANGUARD BD INDEX FDS | INTERMED TERM | 921937819 |  | 1245662 | 16139 | SH |  | SOLE |  | 0 | 0 | 16139 |
| VANGUARD BD INDEX FDS | LONG TERM BOND | 921937793 |  | 982385 | 14282 | SH |  | SOLE |  | 0 | 0 | 14282 |
| VANGUARD BD INDEX FDS | SHORT TRM BOND | 921937827 |  | 2023910 | 25811 | SH |  | SOLE |  | 0 | 0 | 25811 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 |  | 1772388 | 24068 | SH |  | SOLE |  | 0 | 0 | 24068 |
| VANGUARD CHARLOTTE FDS | TOTAL INT BD ETF | 92203J407 |  | 2711956 | 56440 | SH |  | SOLE |  | 0 | 0 | 56440 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 4760752 | 10899 | SH |  | SOLE |  | 0 | 0 | 10899 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 238423 | 399 | SH |  | SOLE |  | 0 | 0 | 399 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 1147860 | 4382 | SH |  | SOLE |  | 0 | 0 | 4382 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 3391315 | 10571 | SH |  | SOLE |  | 3000 | 0 | 7571 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 4337975 | 22109 | SH |  | SOLE |  | 0 | 0 | 22109 |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 |  | 5519850 | 73500 | SH |  | SOLE |  | 73500 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 2005972 | 37113 | SH |  | SOLE |  | 0 | 0 | 37113 |
| VANGUARD SCOTTSDALE FDS | MTG-BKD SECS ETF | 92206C771 |  | 972022 | 20703 | SH |  | SOLE |  | 0 | 0 | 20703 |
| VANGUARD SCOTTSDALE FDS | SHORT TERM TREAS | 92206C102 |  | 1060508 | 18116 | SH |  | SOLE |  | 17100 | 0 | 1016 |
| VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 92206C409 |  | 2036763 | 25694 | SH |  | SOLE |  | 25200 | 0 | 494 |
| VANGUARD SCOTTSDALE FDS | VNG RUS1000GRW | 92206C680 |  | 262155 | 2389 | SH |  | SOLE |  | 0 | 0 | 2389 |
| VANGUARD SCOTTSDALE FDS | VNG RUS1000VAL | 92206C714 |  | 262587 | 2801 | SH |  | SOLE |  | 0 | 0 | 2801 |
| VANGUARD SCOTTSDALE FDS | VNG RUS2000IDX | 92206C664 |  | 1588049 | 15853 | SH |  | SOLE |  | 15600 | 0 | 253 |
| VANGUARD STAR FDS | VG TL INTL STK F | 921909768 |  | 1719638 | 22301 | SH |  | SOLE |  | 0 | 0 | 22301 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 5406953 | 84378 | SH |  | SOLE |  | 0 | 0 | 84378 |
| VANGUARD WHITEHALL FDS | INTL HIGH ETF | 921946794 |  | 1177463 | 12494 | SH |  | SOLE |  | 10800 | 0 | 1694 |
| VANGUARD WORLD FD | COMM SRVC ETF | 92204A884 |  | 4688069 | 26068 | SH |  | SOLE |  | 25800 | 0 | 268 |
| VANGUARD WORLD FD | CONSUM STP ETF | 92204A207 |  | 2632195 | 11720 | SH |  | SOLE |  | 11500 | 0 | 220 |
| VANGUARD WORLD FD | INF TECH ETF | 92204A702 |  | 2767849 | 3967 | SH |  | SOLE |  | 0 | 0 | 3967 |
| VISA INC | COM CL A | 92826C839 |  | 1509462 | 4994 | SH |  | SOLE |  | 4300 | 0 | 694 |
| WORLD GOLD TR | SPDR GLD MINIS | 98149E303 |  | 487365 | 5258 | SH |  | SOLE |  | 0 | 0 | 5258 |

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