# EDGAR Filing Document

**Accession Number:** 0002105416
**File Stem:** 0002105416-26-000001
**Filing Date:** 2026-1
**Character Count:** 18702
**Document Hash:** 3ffb56cc7d48f102362e1ea1aa7341e5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002105416-26-000001.hdr.sgml**: 20260127

**ACCESSION NUMBER**: 0002105416-26-000001

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260127

**DATE AS OF CHANGE**: 20260127

**EFFECTIVENESS DATE**: 20260127

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TICINO WEALTH
- **CENTRAL INDEX KEY:** 0002105416

**ORGANIZATION NAME:**
- **EIN:** 333731129
- **STATE OF INCORPORATION:** CA
- **FISCAL YEAR END:** 1225

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-25993
- **FILM NUMBER:** 26565757

**BUSINESS ADDRESS:**
- **STREET 1:** 27201 PUERTA REAL, SUITE 410
- **CITY:** MISSION VIEJO
- **STATE:** CA
- **ZIP:** 92691
- **BUSINESS PHONE:** 9494278104

**MAIL ADDRESS:**
- **STREET 1:** 27201 PUERTA REAL, SUITE 410
- **CITY:** MISSION VIEJO
- **STATE:** CA
- **ZIP:** 92691

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2025

**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:** TICINO WEALTH<br>**Address:** 27201 PUERTA REAL SUITE 410<br>MISSION VIEJO, CA 92691

**Form 13F File Number:** 028-25993

**CRD Number (if applicable):** 000335808

**SEC File Number (if applicable):** 801-133742

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:** IVANNA BERRIO<br>**Title:** CHIEF COMPLIANCE OFFICER<br>**Phone:** 949-427-8108

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

/s/IVANNA BERRIO  MISSION VIEJO, CA  01-27-2026<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:** 139

**Form 13F Information Table Value Total:** $269775253

      (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 |
| 3M CO | COM | 88579Y101 | BBG001S5T7X2 | 757753 | 4733 | SH |  | SOLE |  | 4733 | 0 | 0 |
| ABBOTT LABS | COM | 002824100 | BBG001S5N9M6 | 1378816 | 11005 | SH |  | SOLE |  | 11005 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 | BBG0025Y4RZ3 | 936580 | 4099 | SH |  | SOLE |  | 4099 | 0 | 0 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 | BBG001SCXK90 | 2053301 | 7653 | SH |  | SOLE |  | 7653 | 0 | 0 |
| ADOBE INC | COM | 00724F101 | BBG001S5NCQ5 | 711880 | 2034 | SH |  | SOLE |  | 2034 | 0 | 0 |
| AFLAC INC | COM | 001055102 | BBG001S5NGJ4 | 699443 | 6343 | SH |  | SOLE |  | 6343 | 0 | 0 |
| AIR PRODS  CHEMS INC | COM | 009158106 | BBG001S5NSB6 | 473043 | 1915 | SH |  | SOLE |  | 1915 | 0 | 0 |
| ALIGN TECHNOLOGY INC | COM | 016255101 | BBG001SCF1B9 | 292625 | 1874 | SH |  | SOLE |  | 1874 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 | BBG009S39JY5 | 353690 | 1130 | SH |  | SOLE |  | 1130 | 0 | 0 |
| AMGEN INC | COM | 031162100 | BBG001S5NNL6 | 2542940 | 7769 | SH |  | SOLE |  | 7769 | 0 | 0 |
| AMPHENOL CORP NEW | CL A | 032095101 | BBG001S5NSK6 | 899222 | 6654 | SH |  | SOLE |  | 6654 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 | BBG001S5ND38 | 5330655 | 19656 | SH |  | SOLE |  | 19656 | 0 | 0 |
| APPLE INC | COM | 037833100 | BBG001S5N8V8 | 3869112 | 14232 | SH |  | SOLE |  | 14232 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 | BBG001S5NMM7 | 817228 | 3180 | SH |  | SOLE |  | 3180 | 0 | 0 |
| ARDMORE SHIPPING CORP | COM | Y0207T100 | BBG004SCC0S0 | 7647410 | 722135 | SH |  | SOLE |  | 722135 | 0 | 0 |
| ARES CAPITAL CORP | COM | 04010L103 | BBG001SL96Z9 | 2693625 | 133150 | SH |  | SOLE |  | 133150 | 0 | 0 |
| AUTODESK INC | COM | 052769106 | BBG001S5SCD4 | 1014426 | 3427 | SH |  | SOLE |  | 3427 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 | BBG001S82KF6 | 469446 | 1825 | SH |  | SOLE |  | 1825 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 | BBG001S5P0Y0 | 211750 | 3850 | SH |  | SOLE |  | 3850 | 0 | 0 |
| BECTON DICKINSON  CO | COM | 075887109 | BBG001S5P374 | 1477067 | 7611 | SH |  | SOLE |  | 7611 | 0 | 0 |
| BLACKROCK INC | COM | 09290D101 | BBG01PSW2WR0 | 2181354 | 2038 | SH |  | SOLE |  | 2038 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 | BBG00KHY5SY8 | 2362479 | 6826 | SH |  | SOLE |  | 6826 | 0 | 0 |
| BROWN  BROWN INC | COM | 115236101 | BBG001S5XFN0 | 644454 | 8086 | SH |  | SOLE |  | 8086 | 0 | 0 |
| CADENCE DESIGN SYSTEM INC | COM | 127387108 | BBG001S65YK1 | 1053707 | 3371 | SH |  | SOLE |  | 3371 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 | BBG001S5PJ06 | 2487975 | 4343 | SH |  | SOLE |  | 4343 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 | BBG001S67ZC5 | 259250 | 1701 | SH |  | SOLE |  | 1701 | 0 | 0 |
| CHUBB LIMITED | COM | H1467J104 | BBG001S8S1L3 | 1097725 | 3517 | SH |  | SOLE |  | 3517 | 0 | 0 |
| CHURCH  DWIGHT CO INC | COM | 171340102 | BBG001S5PR99 | 487671 | 5816 | SH |  | SOLE |  | 5816 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 | BBG001S6HC62 | 4155615 | 53948 | SH |  | SOLE |  | 53948 | 0 | 0 |
| COCA COLA CO | COM | 191216100 | BBG001S5SMQ8 | 803896 | 11499 | SH |  | SOLE |  | 11499 | 0 | 0 |
| COHERENT CORP | COM | 19247G107 | BBG001S5S6N6 | 16315988 | 88400 | SH |  | SOLE |  | 88400 | 0 | 0 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 | BBG014KFRPJ9 | 911437 | 2580 | SH |  | SOLE |  | 2580 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 | BBG001S9KRQ7 | 1444420 | 1675 | SH |  | SOLE |  | 1675 | 0 | 0 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 | BBG00BLYKRZ7 | 1035491 | 2209 | SH |  | SOLE |  | 2209 | 0 | 0 |
| DIAMONDBACK ENERGY INC | COM | 25278X109 | BBG002PHSZN7 | 1384689 | 9211 | SH |  | SOLE |  | 9211 | 0 | 0 |
| D-WAVE QUANTUM INC | COM | 26740W109 | BBG0192379X7 | 206585 | 7900 | SH |  | SOLE |  | 7900 | 0 | 0 |
| EAST WEST BANCORP INC | COM | 27579R104 | BBG001SCC7R2 | 337170 | 3000 | SH |  | SOLE |  | 3000 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 | BBG001S5STL8 | 1312184 | 1221 | SH |  | SOLE |  | 1221 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 | BBG001S5QVT7 | 2092995 | 15770 | SH |  | SOLE |  | 15770 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 | BBG001S69V32 | 292667 | 2432 | SH |  | SOLE |  | 2432 | 0 | 0 |
| FACTSET RESH SYS INC | COM | 303075105 | BBG001S5XRL6 | 1945723 | 6705 | SH |  | SOLE |  | 6705 | 0 | 0 |
| FIRST TR EXCHANGE TRADED FD | NASD TECH DIV | 33738R118 | BBG00393GRN5 | 295362 | 3050 | SH |  | SOLE |  | 3050 | 0 | 0 |
| GALLAGHER ARTHUR J  CO | COM | 363576109 | BBG001S5NKC2 | 900590 | 3480 | SH |  | SOLE |  | 3480 | 0 | 0 |
| GENERAL DYNAMICS CORP | COM | 369550108 | BBG001S5RHP1 | 799567 | 2375 | SH |  | SOLE |  | 2375 | 0 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 | BBG001S6Y1X7 | 928897 | 7568 | SH |  | SOLE |  | 7568 | 0 | 0 |
| GOLDMAN SACHS ETF TR | ACTIVEBETA US LG | 381430503 | BBG00B0SKXY1 | 10211709 | 77145 | SH |  | SOLE |  | 77145 | 0 | 0 |
| HENRY JACK  ASSOC INC | COM | 426281101 | BBG001S5SHB5 | 2908732 | 15940 | SH |  | SOLE |  | 15940 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 | BBG001S5RTW7 | 977244 | 2840 | SH |  | SOLE |  | 2840 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 | BBG001S5X1N1 | 2235926 | 11461 | SH |  | SOLE |  | 11461 | 0 | 0 |
| ILLINOIS TOOL WKS INC | COM | 452308109 | BBG001S5SDX0 | 3039835 | 12342 | SH |  | SOLE |  | 12342 | 0 | 0 |
| INGERSOLL RAND INC | COM | 45687V106 | BBG002R1CW36 | 300323 | 3791 | SH |  | SOLE |  | 3791 | 0 | 0 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 | BBG001SDJ4R0 | 423040 | 2612 | SH |  | SOLE |  | 2612 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 | BBG001S5S399 | 2984612 | 10076 | SH |  | SOLE |  | 10076 | 0 | 0 |
| INTUIT | COM | 461202103 | BBG001S6TWR2 | 398114 | 601 | SH |  | SOLE |  | 601 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 | BBG001S7XR78 | 219747 | 388 | SH |  | SOLE |  | 388 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 | BBG00KJR2NN7 | 2502360 | 13063 | SH |  | SOLE |  | 13063 | 0 | 0 |
| IONQ INC | COM | 46222L108 | BBG00XZP0LC3 | 625623 | 13943 | SH |  | SOLE |  | 13943 | 0 | 0 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 | BBG003HC3DG9 | 1212938 | 18044 | SH |  | SOLE |  | 18044 | 0 | 0 |
| ISHARES TR | 0-5YR HI YL CP | 46434V407 | BBG005DW06B7 | 917333 | 21398 | SH |  | SOLE |  | 21398 | 0 | 0 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 | BBG003H6TRS0 | 1383812 | 15469 | SH |  | SOLE |  | 15469 | 0 | 0 |
| ISHARES TR | CORE S MCP ETF | 464287507 | BBG001SFC7V0 | 3761625 | 56994 | SH |  | SOLE |  | 56994 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 | BBG001SFB7R6 | 11296756 | 16493 | SH |  | SOLE |  | 16493 | 0 | 0 |
| ISHARES TR | ISHS 1-5YR INVS | 464288646 | BBG001SSD858 | 5870474 | 111015 | SH |  | SOLE |  | 111015 | 0 | 0 |
| ISHARES TR | ISHS 5-10YR INVT | 464288638 | BBG001SSD849 | 4493646 | 83401 | SH |  | SOLE |  | 83401 | 0 | 0 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 | BBG001SK77D5 | 553228 | 10112 | SH |  | SOLE |  | 10112 | 0 | 0 |
| ISHARES TR | RUS 2000 GRW ETF | 464287648 | BBG001S562F8 | 2720713 | 8423 | SH |  | SOLE |  | 8423 | 0 | 0 |
| ISHARES TR | RUS 2000 VAL ETF | 464287630 | BBG001S56277 | 2748050 | 15165 | SH |  | SOLE |  | 15165 | 0 | 0 |
| ISHARES TR | RUS MD CP GR ETF | 464287481 | BBG001S561Z8 | 5880340 | 42941 | SH |  | SOLE |  | 42941 | 0 | 0 |
| ISHARES TR | RUS MDCP VAL ETF | 464287473 | BBG001S561V2 | 6080243 | 43107 | SH |  | SOLE |  | 43107 | 0 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 | BBG001SFC7Y7 | 2075867 | 8433 | SH |  | SOLE |  | 8433 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 | BBG001S5SHQ9 | 3355487 | 16214 | SH |  | SOLE |  | 16214 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 | BBG001S8CRC3 | 1773722 | 5505 | SH |  | SOLE |  | 5505 | 0 | 0 |
| L3HARRIS TECHNOLOGIES INC | COM | 502431109 | BBG001S5S0N9 | 563361 | 1919 | SH |  | SOLE |  | 1919 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 | BBG001S7PS57 | 350661 | 725 | SH |  | SOLE |  | 725 | 0 | 0 |
| LOWES COS INC | COM | 548661107 | BBG001S5SVL3 | 2560878 | 10619 | SH |  | SOLE |  | 10619 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 | BBG001SKNNS6 | 963645 | 1688 | SH |  | SOLE |  | 1688 | 0 | 0 |
| MCCORMICK  CO INC | COM NON VTG | 579780206 | BBG001S79S19 | 728845 | 10701 | SH |  | SOLE |  | 10701 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 | BBG001S5T110 | 3303248 | 10808 | SH |  | SOLE |  | 10808 | 0 | 0 |
| MEDICAL PPTYS TRUST INC | COM | 58463J304 | BBG001S7WM61 | 1112250 | 222450 | SH |  | SOLE |  | 222450 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 | BBG001S5T2S9 | 2048572 | 21326 | SH |  | SOLE |  | 21326 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 | BBG001SQCQC5 | 1137995 | 1724 | SH |  | SOLE |  | 1724 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 | BBG001S5TD05 | 4235395 | 8758 | SH |  | SOLE |  | 8758 | 0 | 0 |
| MP MATERIALS CORP | COM CL A | 553368101 | BBG00TJGL0T5 | 2216818 | 43880 | SH |  | SOLE |  | 43880 | 0 | 0 |
| NIKE INC | CL B | 654106103 | BBG001S6NTK2 | 1438000 | 22571 | SH |  | SOLE |  | 22571 | 0 | 0 |
| NISOURCE INC | COM | 65473P105 | BBG001S5TMF9 | 533692 | 12780 | SH |  | SOLE |  | 12780 | 0 | 0 |
| NORFOLK SOUTHN CORP | COM | 655844108 | BBG001S5TQJ6 | 303156 | 1050 | SH |  | SOLE |  | 1050 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 | BBG001S5TZJ6 | 2077984 | 11142 | SH |  | SOLE |  | 11142 | 0 | 0 |
| ONTO INNOVATION INC | COM | 683344105 | BBG001S5THX0 | 3286329 | 20818 | SH |  | SOLE |  | 20818 | 0 | 0 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 | BBG001S78TL6 | 707242 | 7754 | SH |  | SOLE |  | 7754 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 | BBG001T9NWN5 | 534180 | 2900 | SH |  | SOLE |  | 2900 | 0 | 0 |
| PARSONS CORP DEL | COM | 70202L102 | BBG001SDWJQ3 | 638085 | 10325 | SH |  | SOLE |  | 10325 | 0 | 0 |
| PAYCHEX INC | COM | 704326107 | BBG001S5V135 | 247918 | 2210 | SH |  | SOLE |  | 2210 | 0 | 0 |
| PHILLIPS 66 | COM | 718546104 | BBG00286S4P7 | 4809966 | 37275 | SH |  | SOLE |  | 37275 | 0 | 0 |
| PPG INDS INC | COM | 693506107 | BBG001S5VC13 | 1417637 | 13836 | SH |  | SOLE |  | 13836 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 | BBG001S5V4L9 | 1662509 | 11601 | SH |  | SOLE |  | 11601 | 0 | 0 |
| PROSHARES TR | S 500 DV ARIST | 74348A467 | BBG005D266P2 | 6539267 | 62835 | SH |  | SOLE |  | 62835 | 0 | 0 |
| PROSHARES TR | S MDCP 400 DIV | 74347B680 | BBG0081VJCK3 | 490944 | 5829 | SH |  | SOLE |  | 5829 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 | BBG001S6VS70 | 1835195 | 10729 | SH |  | SOLE |  | 10729 | 0 | 0 |
| RALPH LAUREN CORP | CL A | 751212101 | BBG001S9TL45 | 681053 | 1926 | SH |  | SOLE |  | 1926 | 0 | 0 |
| RIGETTI COMPUTING INC | COMMON STOCK | 76655K103 | BBG00Z911SZ9 | 1268066 | 57249 | SH |  | SOLE |  | 57249 | 0 | 0 |
| RIO TINTO PLC | SPONSORED ADR | 767204100 | BBG001SB0LX9 | 292110 | 3650 | SH |  | SOLE |  | 3650 | 0 | 0 |
| ROCKWELL AUTOMATION INC | COM | 773903109 | BBG001S5VRF5 | 254840 | 655 | SH |  | SOLE |  | 655 | 0 | 0 |
| ROLLINS INC | COM | 775711104 | BBG001S5VRG4 | 928030 | 15462 | SH |  | SOLE |  | 15462 | 0 | 0 |
| RTX CORPORATION | COM | 75513E101 | BBG001S5X5Q9 | 2422715 | 13210 | SH |  | SOLE |  | 13210 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 | BBG001S5T5M8 | 469286 | 898 | SH |  | SOLE |  | 898 | 0 | 0 |
| SCORPIO TANKERS INC | SHS | Y7542C130 | BBG001T6B9Q2 | 9526304 | 187415 | SH |  | SOLE |  | 187415 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET FIN | 81369Y605 | BBG001S7T223 | 4210405 | 76874 | SH |  | SOLE |  | 76874 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET IND | 81369Y704 | BBG001S7T232 | 1471324 | 9485 | SH |  | SOLE |  | 9485 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET TEC | 81369Y803 | BBG001S7TCZ5 | 200408 | 1392 | SH |  | SOLE |  | 1392 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET UTI | 81369Y886 | BBG001S7TD56 | 1249204 | 29262 | SH |  | SOLE |  | 29262 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 | BBG001T4JFC0 | 912093 | 5954 | SH |  | SOLE |  | 5954 | 0 | 0 |
| SHERWIN WILLIAMS CO | COM | 824348106 | BBG001S5W2F9 | 476000 | 1469 | SH |  | SOLE |  | 1469 | 0 | 0 |
| SKYWORKS SOLUTIONS INC | COM | 83088M102 | BBG001SCYWS2 | 295237 | 4656 | SH |  | SOLE |  | 4656 | 0 | 0 |
| SOUNDHOUND AI INC | CLASS A COM | 836100107 | BBG017304PD5 | 350844 | 35190 | SH |  | SOLE |  | 35190 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 | BBG001SCPX28 | 670160 | 1691 | SH |  | SOLE |  | 1691 | 0 | 0 |
| SPDR S MIDCAP 400 ETF TR | UTSER1 S | 78467Y107 | BBG001S63NQ1 | 277509 | 460 | SH |  | SOLE |  | 460 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A763 | BBG001SPTBP8 | 602145 | 4327 | SH |  | SOLE |  | 4327 | 0 | 0 |
| STAG INDL INC | COM | 85254J102 | BBG001T9F312 | 718842 | 19555 | SH |  | SOLE |  | 19555 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 | BBG001S72KH6 | 686311 | 8150 | SH |  | SOLE |  | 8150 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 | BBG001S8FR03 | 944049 | 2686 | SH |  | SOLE |  | 2686 | 0 | 0 |
| TAKE-TWO INTERACTIVE SOFTWAR | COM | 874054109 | BBG001S9TN41 | 535615 | 2092 | SH |  | SOLE |  | 2092 | 0 | 0 |
| TAPESTRY INC | COM | 876030107 | BBG001SFH7D5 | 1102655 | 8630 | SH |  | SOLE |  | 8630 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 | BBG001S5WYZ7 | 3595060 | 20722 | SH |  | SOLE |  | 20722 | 0 | 0 |
| T-MOBILE US INC | COM | 872590104 | BBG001SKR9Y6 | 5031534 | 24781 | SH |  | SOLE |  | 24781 | 0 | 0 |
| TRACTOR SUPPLY CO | COM | 892356106 | BBG001S7K017 | 207991 | 4159 | SH |  | SOLE |  | 4159 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 | BBG001S5X2M0 | 1253755 | 5420 | SH |  | SOLE |  | 5420 | 0 | 0 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 | BBG001SHVTS1 | 5878721 | 20256 | SH |  | SOLE |  | 20256 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 | BBG001SHTTZ6 | 3730492 | 69392 | SH |  | SOLE |  | 69392 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | VNG RUS2000IDX | 92206C664 | BBG001TCH7W0 | 2034504 | 20443 | SH |  | SOLE |  | 20443 | 0 | 0 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 | BBG001SSPWL4 | 2672308 | 42777 | SH |  | SOLE |  | 42777 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 | BBG001SRCFY3 | 1836668 | 5237 | SH |  | SOLE |  | 5237 | 0 | 0 |
| WALMART INC | COM | 931142103 | BBG001S5XH92 | 492098 | 4417 | SH |  | SOLE |  | 4417 | 0 | 0 |
| WHEATON PRECIOUS METALS CORP | COM | 962879102 | BBG001S6DSP0 | 202490 | 1723 | SH |  | SOLE |  | 1723 | 0 | 0 |
| WILLIS TOWERS WATSON PLC LTD | SHS | G96629103 | BBG001SHY2Q9 | 281938 | 858 | SH |  | SOLE |  | 858 | 0 | 0 |
| WORKDAY INC | CL A | 98138H101 | BBG001T21KQ7 | 237117 | 1104 | SH |  | SOLE |  | 1104 | 0 | 0 |
| WP CAREY INC | COM | 92936U109 | BBG001S67MM3 | 643600 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| WW GRAINGER INC | COM | 384802104 | BBG001S5RRD2 | 978778 | 970 | SH |  | SOLE |  | 970 | 0 | 0 |
| XYLEM INC | COM | 98419M100 | BBG001V05C73 | 2187187 | 16061 | SH |  | SOLE |  | 16061 | 0 | 0 |
| ZOETIS INC | CL A | 98978V103 | BBG0039320P7 | 902633 | 7174 | SH |  | SOLE |  | 7174 | 0 | 0 |

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