# EDGAR Filing Document

**Accession Number:** 0001541211
**File Stem:** 0001172661-25-003438
**Filing Date:** 2025-8
**Character Count:** 20791
**Document Hash:** 16b4e6accbf166ff2504533b701c1659
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001172661-25-003438.hdr.sgml**: 20250814

**ACCESSION NUMBER**: 0001172661-25-003438

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250814

**DATE AS OF CHANGE**: 20250814

**EFFECTIVENESS DATE**: 20250814

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Hilton Capital Management, LLC
- **CENTRAL INDEX KEY:** 0001541211

**ORGANIZATION NAME:**
- **EIN:** 134193167
- **STATE OF INCORPORATION:** NY
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-14787
- **FILM NUMBER:** 251218010

**BUSINESS ADDRESS:**
- **STREET 1:** 1010 FRANKLIN AVENUE
- **CITY:** GARDEN CITY
- **STATE:** NY
- **ZIP:** 11530
- **BUSINESS PHONE:** 516-535-3828

**MAIL ADDRESS:**
- **STREET 1:** 1010 FRANKLIN AVENUE
- **CITY:** GARDEN CITY
- **STATE:** NY
- **ZIP:** 11530

### 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:** Hilton Capital Management LLC<br>**Address:** 1010 Franklin Avenue<br>Garden City, NY 11530

**Form 13F File Number:** 028-14787

**CRD Number (if applicable):** 000116357

**SEC File Number (if applicable):** 801-60776

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:** Barbara Martens<br>**Title:** Chief Operating Officer<br>**Phone:** 516-535-3828

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

/s/ Barbara Martens  Garden City, NY  08-14-2025<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:** 170

**Form 13F Information Table Value Total:** $1253179650

      (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 |
| ABBOTT LABS | COM | 002824100 |  | 293782 | 2160 | SH |  | SOLE |  | 0 | 0 | 2160 |
| ABBVIE INC | COM | 00287Y109 |  | 610690 | 3290 | SH |  | SOLE |  | 1016 | 0 | 2274 |
| ACADEMY SPORTS  OUTDOORS IN | COM | 00402L107 |  | 2439636 | 54444 | SH |  | SOLE |  | 54444 | 0 | 0 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 7490361 | 25061 | SH |  | SOLE |  | 21110 | 0 | 3951 |
| AGNC INVT CORP | COM | 00123Q104 |  | 119470 | 13000 | SH |  | SOLE |  | 0 | 0 | 13000 |
| ALEXANDRIA REAL ESTATE EQ IN | COM | 015271109 |  | 840547 | 11573 | SH |  | SOLE |  | 11573 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 10875781 | 61310 | SH |  | SOLE |  | 48580 | 0 | 12730 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 15272982 | 86665 | SH |  | SOLE |  | 74920 | 0 | 11745 |
| ALPS ETF TR | ALERIAN MLP | 00162Q452 |  | 12343446 | 252629 | SH |  | SOLE |  | 224352 | 0 | 28277 |
| AMAZON COM INC | COM | 023135106 |  | 17914290 | 81655 | SH |  | SOLE |  | 74930 | 0 | 6725 |
| AMDOCS LTD | SHS | G02602103 |  | 2001076 | 21932 | SH |  | SOLE |  | 21932 | 0 | 0 |
| AMERICAN HEALTHCARE REIT INC | COM SHS | 398182303 |  | 5752968 | 156586 | SH |  | SOLE |  | 138084 | 0 | 18502 |
| AMERICOLD REALTY TRUST INC | COM | 03064D108 |  | 2009187 | 120817 | SH |  | SOLE |  | 120817 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 5321329 | 19059 | SH |  | SOLE |  | 16798 | 0 | 2261 |
| ANALOG DEVICES INC | COM | 032654105 |  | 209220 | 879 | SH |  | SOLE |  | 794 | 0 | 85 |
| APOLLO GLOBAL MGMT INC | COM | 03769M106 |  | 8160555 | 57521 | SH |  | SOLE |  | 50040 | 0 | 7481 |
| APPLE INC | COM | 037833100 |  | 25107933 | 122376 | SH |  | SOLE |  | 101824 | 0 | 20552 |
| APTARGROUP INC | COM | 038336103 |  | 1766564 | 11293 | SH |  | SOLE |  | 11293 | 0 | 0 |
| ARES MANAGEMENT CORPORATION | CL A COM STK | 03990B101 |  | 8580105 | 49539 | SH |  | SOLE |  | 43675 | 0 | 5864 |
| ASHLAND INC | COM | 044186104 |  | 947879 | 18852 | SH |  | SOLE |  | 18852 | 0 | 0 |
| ASTRAZENECA PLC | SPONSORED ADR | 046353108 |  | 10906542 | 156075 | SH |  | SOLE |  | 137617 | 0 | 18458 |
| AVALONBAY CMNTYS INC | COM | 053484101 |  | 11069480 | 54395 | SH |  | SOLE |  | 47993 | 0 | 6402 |
| BANK AMERICA CORP | COM | 060505104 |  | 3607062 | 76227 | SH |  | SOLE |  | 67531 | 0 | 8696 |
| BIO-TECHNE CORP | COM | 09073M104 |  | 2278206 | 44280 | SH |  | SOLE |  | 44280 | 0 | 0 |
| BJS WHSL CLUB HLDGS INC | COM | 05550J101 |  | 2669116 | 24753 | SH |  | SOLE |  | 24753 | 0 | 0 |
| BLACKROCK INC | COM | 09290D101 |  | 6791807 | 6473 | SH |  | SOLE |  | 5632 | 0 | 841 |
| BLACKSTONE INC | COM | 09260D107 |  | 11238936 | 75137 | SH |  | SOLE |  | 69888 | 0 | 5249 |
| BLUE OWL CAPITAL INC | COM CL A | 09581B103 |  | 3417497 | 177902 | SH |  | SOLE |  | 157093 | 0 | 20809 |
| BOOZ ALLEN HAMILTON HLDG COR | CL A | 099502106 |  | 7067977 | 67876 | SH |  | SOLE |  | 61338 | 0 | 6538 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 287924 | 6220 | SH |  | SOLE |  | 0 | 0 | 6220 |
| BROADCOM INC | COM | 11135F101 |  | 381500 | 1384 | SH |  | SOLE |  | 1254 | 0 | 130 |
| BROADRIDGE FINL SOLUTIONS IN | COM | 11133T103 |  | 1602540 | 6594 | SH |  | SOLE |  | 6594 | 0 | 0 |
| BURLINGTON STORES INC | COM | 122017106 |  | 2359900 | 10144 | SH |  | SOLE |  | 10144 | 0 | 0 |
| BWX TECHNOLOGIES INC | COM | 05605H100 |  | 3509158 | 24359 | SH |  | SOLE |  | 24359 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 645593 | 1663 | SH |  | SOLE |  | 163 | 0 | 1500 |
| CHEVRON CORP NEW | COM | 166764100 |  | 285950 | 1997 | SH |  | SOLE |  | 1771 | 0 | 226 |
| CIENA CORP | COM NEW | 171779309 |  | 3220912 | 39603 | SH |  | SOLE |  | 39603 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 7238245 | 104328 | SH |  | SOLE |  | 91805 | 0 | 12523 |
| CLEAN HARBORS INC | COM | 184496107 |  | 3801986 | 16446 | SH |  | SOLE |  | 16446 | 0 | 0 |
| CLEARWAY ENERGY INC | CL C | 18539C204 |  | 2094176 | 65443 | SH |  | SOLE |  | 65443 | 0 | 0 |
| CMS ENERGY CORP | COM | 125896100 |  | 1739067 | 25102 | SH |  | SOLE |  | 25102 | 0 | 0 |
| COMMERCE BANCSHARES INC | COM | 200525103 |  | 2544494 | 40928 | SH |  | SOLE |  | 40928 | 0 | 0 |
| COMMERCIAL METALS CO | COM | 201723103 |  | 2090560 | 42743 | SH |  | SOLE |  | 42743 | 0 | 0 |
| COMMUNITY FINANCIAL SYSTEM I | COM | 203607106 |  | 2833661 | 49827 | SH |  | SOLE |  | 49827 | 0 | 0 |
| COTERRA ENERGY INC | COM | 127097103 |  | 1710257 | 67386 | SH |  | SOLE |  | 67386 | 0 | 0 |
| CULLEN FROST BANKERS INC | COM | 229899109 |  | 6822328 | 53076 | SH |  | SOLE |  | 50004 | 0 | 3072 |
| CYBERARK SOFTWARE LTD | SHS | M2682V108 |  | 3553283 | 8733 | SH |  | SOLE |  | 8733 | 0 | 0 |
| DIGITALBRIDGE GROUP INC | CL A NEW | 25401T603 |  | 1688199 | 163111 | SH |  | SOLE |  | 163111 | 0 | 0 |
| DYCOM INDS INC | COM | 267475101 |  | 3824215 | 15648 | SH |  | SOLE |  | 15648 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 8704278 | 11166 | SH |  | SOLE |  | 9870 | 0 | 1296 |
| EMCOR GROUP INC | COM | 29084Q100 |  | 3542042 | 6622 | SH |  | SOLE |  | 6622 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 |  | 6660599 | 49956 | SH |  | SOLE |  | 44379 | 0 | 5577 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 611978 | 33755 | SH |  | SOLE |  | 1000 | 0 | 32755 |
| ENTEGRIS INC | COM | 29362U104 |  | 1857531 | 23032 | SH |  | SOLE |  | 23032 | 0 | 0 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 4073381 | 131357 | SH |  | SOLE |  | 34560 | 0 | 96797 |
| EQT CORP | COM | 26884L109 |  | 4480609 | 76828 | SH |  | SOLE |  | 76828 | 0 | 0 |
| ETF OPPORTUNITIES TRUST | BROOKMONT CATAST | 26923N470 |  | 1967328 | 99360 | SH |  | SOLE |  | 99360 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 447154 | 4148 | SH |  | SOLE |  | 3949 | 0 | 199 |
| FIDELITY COVINGTON TRUST | MSCI CONSM DIS | 316092204 |  | 592641 | 6300 | SH |  | SOLE |  | 3164 | 0 | 3136 |
| FISERV INC | COM | 337738108 |  | 887049 | 5145 | SH |  | SOLE |  | 3630 | 0 | 1515 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 5559102 | 19060 | SH |  | SOLE |  | 16822 | 0 | 2238 |
| HENRY JACK  ASSOC INC | COM | 426281101 |  | 2835696 | 15739 | SH |  | SOLE |  | 15739 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 10953506 | 29875 | SH |  | SOLE |  | 26129 | 0 | 3746 |
| HOULIHAN LOKEY INC | CL A | 441593100 |  | 3697793 | 20549 | SH |  | SOLE |  | 20549 | 0 | 0 |
| IDACORP INC | COM | 451107106 |  | 3287901 | 28479 | SH |  | SOLE |  | 28479 | 0 | 0 |
| INDEPENDENCE RLTY TR INC | COM | 45378A106 |  | 6927855 | 391625 | SH |  | SOLE |  | 358397 | 0 | 33228 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 276306 | 1506 | SH |  | SOLE |  | 1362 | 0 | 144 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 7499239 | 25440 | SH |  | SOLE |  | 22457 | 0 | 2983 |
| INVESCO EXCH TRADED FD TR II | PFD ETF | 46138E511 |  | 537421 | 48286 | SH |  | SOLE |  | 1086 | 0 | 47200 |
| INVESCO EXCH TRADED FD TR II | SR LN ETF | 46138G508 |  | 32393855 | 1548463 | SH |  | SOLE |  | 1385236 | 0 | 163227 |
| INVESCO EXCHANGE TRADED FD T | DIVID ACHIEVEV | 46137V506 |  | 966098 | 20056 | SH |  | SOLE |  | 2931 | 0 | 17125 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 2267240 | 4110 | SH |  | SOLE |  | 4110 | 0 | 0 |
| ISHARES TR | 0-5YR HI YL CP | 46434V407 |  | 29560042 | 685212 | SH |  | SOLE |  | 593454 | 0 | 91758 |
| ISHARES TR | 1 3 YR TREAS BD | 464287457 |  | 349542 | 4218 | SH |  | SOLE |  | 664 | 0 | 3554 |
| ISHARES TR | 3 7 YR TREAS BD | 464288661 |  | 15020927 | 126131 | SH |  | SOLE |  | 102346 | 0 | 23785 |
| ISHARES TR | ISHS 1-5YR INVS | 464288646 |  | 7430806 | 140842 | SH |  | SOLE |  | 118478 | 0 | 22364 |
| ISHARES TR | MBS ETF | 464288588 |  | 28736971 | 306071 | SH |  | SOLE |  | 269221 | 0 | 36850 |
| ISHARES TR | PFD AND INCM SEC | 464288687 |  | 11429435 | 372537 | SH |  | SOLE |  | 323910 | 0 | 48627 |
| J P MORGAN EXCHANGE TRADED F | NASDAQ EQT PREM | 46654Q203 |  | 62234200 | 1144011 | SH |  | SOLE |  | 1006956 | 0 | 137055 |
| J P MORGAN EXCHANGE TRADED F | INCOME ETF | 46641Q159 |  | 44037200 | 950717 | SH |  | SOLE |  | 860564 | 0 | 90153 |
| J P MORGAN EXCHANGE TRADED F | EQUITY PREMIUM | 46641Q332 |  | 41774736 | 734824 | SH |  | SOLE |  | 640909 | 0 | 93915 |
| JACOBS SOLUTIONS INC | COM | 46982L108 |  | 2744019 | 20875 | SH |  | SOLE |  | 20875 | 0 | 0 |
| JANUS DETROIT STR TR | HENDRSON AAA CL | 47103U845 |  | 75316966 | 1484078 | SH |  | SOLE |  | 1295582 | 0 | 188496 |
| JANUS DETROIT STR TR | HENDERSON SECURI | 47103U746 |  | 875334 | 16635 | SH |  | SOLE |  | 3535 | 0 | 13100 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 925512 | 6059 | SH |  | SOLE |  | 0 | 0 | 6059 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 11090508 | 38255 | SH |  | SOLE |  | 33786 | 0 | 4469 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 324870 | 11050 | SH |  | SOLE |  | 285 | 0 | 10765 |
| KKR  CO INC | COM | 48251W104 |  | 257014 | 1932 | SH |  | SOLE |  | 1807 | 0 | 125 |
| KYNDRYL HLDGS INC | COMMON STOCK | 50155Q100 |  | 6088018 | 145091 | SH |  | SOLE |  | 145091 | 0 | 0 |
| LANDSTAR SYS INC | COM | 515098101 |  | 1388671 | 9989 | SH |  | SOLE |  | 9989 | 0 | 0 |
| LIVE NATION ENTERTAINMENT IN | COM | 538034109 |  | 2962819 | 19585 | SH |  | SOLE |  | 19585 | 0 | 0 |
| MACOM TECH SOLUTIONS HLDGS I | COM | 55405Y100 |  | 2756040 | 19234 | SH |  | SOLE |  | 19234 | 0 | 0 |
| MAGNITE INC | COM | 55955D100 |  | 3221612 | 133566 | SH |  | SOLE |  | 133566 | 0 | 0 |
| MAGNOLIA OIL  GAS CORP | CL A | 559663109 |  | 1188473 | 52868 | SH |  | SOLE |  | 52868 | 0 | 0 |
| MCCORMICK  CO INC | COM NON VTG | 579780206 |  | 4574586 | 60335 | SH |  | SOLE |  | 53267 | 0 | 7068 |
| MCDONALDS CORP | COM | 580135101 |  | 10960948 | 37516 | SH |  | SOLE |  | 33034 | 0 | 4482 |
| META PLATFORMS INC | CL A | 30303M102 |  | 25709171 | 34832 | SH |  | SOLE |  | 29815 | 0 | 5017 |
| MICROSOFT CORP | COM | 594918104 |  | 38341504 | 77082 | SH |  | SOLE |  | 67063 | 0 | 10019 |
| MKS INC. | COM | 55306N104 |  | 2216324 | 22306 | SH |  | SOLE |  | 22306 | 0 | 0 |
| MOELIS  CO | CL A | 60786M105 |  | 2589895 | 41558 | SH |  | SOLE |  | 41558 | 0 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 449825 | 6670 | SH |  | SOLE |  | 643 | 0 | 6027 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 |  | 1084787 | 2580 | SH |  | SOLE |  | 2534 | 0 | 46 |
| MPLX LP | COM UNIT REP LTD | 55336V100 |  | 364948 | 7085 | SH |  | SOLE |  | 0 | 0 | 7085 |
| NETAPP INC | COM | 64110D104 |  | 3061193 | 28730 | SH |  | SOLE |  | 25353 | 0 | 3377 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 691146 | 9956 | SH |  | SOLE |  | 660 | 0 | 9296 |
| NVENT ELECTRIC PLC | SHS | G6700G107 |  | 3580533 | 48881 | SH |  | SOLE |  | 48881 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 21556946 | 136445 | SH |  | SOLE |  | 92486 | 0 | 43959 |
| ONEOK INC NEW | COM | 682680103 |  | 1600683 | 19609 | SH |  | SOLE |  | 0 | 0 | 19609 |
| ORACLE CORP | COM | 68389X105 |  | 12842560 | 58741 | SH |  | SOLE |  | 50640 | 0 | 8101 |
| PGIM HIGH YIELD BOND FUND IN | COM | 69346H100 |  | 857285 | 60500 | SH |  | SOLE |  | 5000 | 0 | 55500 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 674610 | 3704 | SH |  | SOLE |  | 2605 | 0 | 1099 |
| PIMCO ACCESS INCOME FUND | SHS BENFIN INT | 72203T100 |  | 181320 | 12000 | SH |  | SOLE |  | 0 | 0 | 12000 |
| PLANET FITNESS INC | CL A | 72703H101 |  | 3431694 | 31469 | SH |  | SOLE |  | 31469 | 0 | 0 |
| POOL CORP | COM | 73278L105 |  | 1551840 | 5324 | SH |  | SOLE |  | 5324 | 0 | 0 |
| PRIMO BRANDS CORPORATION | CLASS A COM SHS | 741623102 |  | 4062857 | 137166 | SH |  | SOLE |  | 137166 | 0 | 0 |
| PRIMORIS SVCS CORP | COM | 74164F103 |  | 3204503 | 41115 | SH |  | SOLE |  | 41115 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 7597343 | 47686 | SH |  | SOLE |  | 41616 | 0 | 6070 |
| PROLOGIS INC. | COM | 74340W103 |  | 6974256 | 66346 | SH |  | SOLE |  | 58543 | 0 | 7803 |
| PROSHARES TR | SHORT S 500 NE | 74349Y753 |  | 3450573 | 86960 | SH |  | SOLE |  | 86960 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 214364 | 1346 | SH |  | SOLE |  | 1217 | 0 | 129 |
| QUEST DIAGNOSTICS INC | COM | 74834L100 |  | 9110145 | 50716 | SH |  | SOLE |  | 44957 | 0 | 5759 |
| RADNET INC | COM | 750491102 |  | 3168294 | 55672 | SH |  | SOLE |  | 55672 | 0 | 0 |
| RALPH LAUREN CORP | CL A | 751212101 |  | 1960005 | 7146 | SH |  | SOLE |  | 7146 | 0 | 0 |
| RBB FD INC | US TREAS 3 MNTH | 74933W452 |  | 6818568 | 136385 | SH |  | SOLE |  | 35179 | 0 | 101206 |
| RELIANCE INC | COM | 759509102 |  | 2352053 | 7493 | SH |  | SOLE |  | 7493 | 0 | 0 |
| RENAISSANCERE HLDGS LTD | COM | G7496G103 |  | 2227150 | 9169 | SH |  | SOLE |  | 9169 | 0 | 0 |
| REPUBLIC SVCS INC | COM | 760759100 |  | 11994956 | 48639 | SH |  | SOLE |  | 41549 | 0 | 7090 |
| REXFORD INDL RLTY INC | COM | 76169C100 |  | 1023171 | 28765 | SH |  | SOLE |  | 28765 | 0 | 0 |
| SAIA INC | COM | 78709Y105 |  | 1635172 | 5968 | SH |  | SOLE |  | 5968 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI INT-UTILS | 81369Y886 |  | 25038074 | 306614 | SH |  | SOLE |  | 271097 | 0 | 35517 |
| SELECT SECTOR SPDR TR | COMMUNICATION | 81369Y852 |  | 971452 | 8951 | SH |  | SOLE |  | 7712 | 0 | 1239 |
| SHIFT4 PMTS INC | CL A | 82452J109 |  | 2373585 | 23949 | SH |  | SOLE |  | 23949 | 0 | 0 |
| SIMPLIFY EXCHANGE TRADED FUN | MBS ETF | 82889N525 |  | 44876836 | 895924 | SH |  | SOLE |  | 783385 | 0 | 112539 |
| SIMPLY GOOD FOODS CO | COM | 82900L102 |  | 1543172 | 48850 | SH |  | SOLE |  | 48850 | 0 | 0 |
| SNDL INC | COM | 83307B101 |  | 29807 | 24634 | SH |  | SOLE |  | 0 | 0 | 24634 |
| SOUTHERN CO | COM | 842587107 |  | 220392 | 2400 | SH |  | SOLE |  | 0 | 0 | 2400 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 949018 | 1536 | SH |  | SOLE |  | 118 | 0 | 1418 |
| SPDR SERIES TRUST | BLOOMBERG 1-3 MO | 78468R663 |  | 10178177 | 110958 | SH |  | SOLE |  | 73202 | 0 | 37756 |
| SPDR SERIES TRUST | BLOOMBERG SHT TE | 78468R408 |  | 4463969 | 175195 | SH |  | SOLE |  | 175195 | 0 | 0 |
| SPDR SERIES TRUST | S DIVID ETF | 78464A763 |  | 595855 | 4390 | SH |  | SOLE |  | 0 | 0 | 4390 |
| SSGA ACTIVE ETF TR | BLACKSTONE SENR | 78467V608 |  | 802604 | 19298 | SH |  | SOLE |  | 19298 | 0 | 0 |
| STERIS PLC | SHS USD | G8473T100 |  | 2431747 | 10123 | SH |  | SOLE |  | 10123 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 7047313 | 31115 | SH |  | SOLE |  | 27410 | 0 | 3705 |
| TARGA RES CORP | COM | 87612G101 |  | 1015757 | 5835 | SH |  | SOLE |  | 0 | 0 | 5835 |
| TD SYNNEX CORPORATION | COM | 87162W100 |  | 2379092 | 17532 | SH |  | SOLE |  | 17532 | 0 | 0 |
| TELEDYNE TECHNOLOGIES INC | COM | 879360105 |  | 3827980 | 7472 | SH |  | SOLE |  | 7472 | 0 | 0 |
| TENABLE HLDGS INC | COM | 88025T102 |  | 2158441 | 63897 | SH |  | SOLE |  | 63897 | 0 | 0 |
| THOMSON REUTERS CORP | COM | 884903808 |  | 12821049 | 63745 | SH |  | SOLE |  | 51456 | 0 | 12289 |
| TIDAL TR II | HILTON SMALL-MID | 88636J675 |  | 7661018 | 298382 | SH |  | SOLE |  | 286752 | 0 | 11630 |
| TIDAL TR II | HILTON BDC CORP | 88636V744 |  | 2959694 | 118625 | SH |  | SOLE |  | 106825 | 0 | 11800 |
| TILRAY BRANDS INC | COM | 88688T100 |  | 41203 | 99428 | SH |  | SOLE |  | 1000 | 0 | 98428 |
| TJX COS INC NEW | COM | 872540109 |  | 9648223 | 78130 | SH |  | SOLE |  | 68880 | 0 | 9250 |
| T-MOBILE US INC | COM | 872590104 |  | 5299145 | 22241 | SH |  | SOLE |  | 19290 | 0 | 2951 |
| TRACTOR SUPPLY CO | COM | 892356106 |  | 8888787 | 168444 | SH |  | SOLE |  | 148475 | 0 | 19969 |
| TRUIST FINL CORP | COM | 89832Q109 |  | 370316 | 8614 | SH |  | SOLE |  | 3401 | 0 | 5213 |
| UNILEVER PLC | SPON ADR NEW | 904767704 |  | 8130668 | 132919 | SH |  | SOLE |  | 117587 | 0 | 15332 |
| VALVOLINE INC | COM | 92047W101 |  | 2183433 | 57656 | SH |  | SOLE |  | 57656 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | FTSE EUROPE ETF | 922042874 |  | 23213110 | 299524 | SH |  | SOLE |  | 264954 | 0 | 34570 |
| VANGUARD SCOTTSDALE FDS | SHORT TERM TREAS | 92206C102 |  | 27394584 | 466053 | SH |  | SOLE |  | 384177 | 0 | 81876 |
| VANGUARD SCOTTSDALE FDS | INT-TERM CORP | 92206C870 |  | 32061335 | 386654 | SH |  | SOLE |  | 322946 | 0 | 63708 |
| VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 92206C409 |  | 75915423 | 954911 | SH |  | SOLE |  | 793852 | 0 | 161059 |
| VILLAGE FARMS INTL INC | COM | 92707Y108 |  | 94270 | 85700 | SH |  | SOLE |  | 0 | 0 | 85700 |
| VISA INC | COM CL A | 92826C839 |  | 323451 | 911 | SH |  | SOLE |  | 783 | 0 | 128 |
| WALMART INC | COM | 931142103 |  | 303607 | 3105 | SH |  | SOLE |  | 45 | 0 | 3060 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 230651 | 1008 | SH |  | SOLE |  | 912 | 0 | 96 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 3656276 | 45635 | SH |  | SOLE |  | 40384 | 0 | 5251 |
| WEST PHARMACEUTICAL SVSC INC | COM | 955306105 |  | 1926096 | 8803 | SH |  | SOLE |  | 8803 | 0 | 0 |
| WILLIAMS COS INC | COM | 969457100 |  | 9268818 | 147569 | SH |  | SOLE |  | 126392 | 0 | 21177 |
| XYLEM INC | COM | 98419M100 |  | 6092126 | 47094 | SH |  | SOLE |  | 40899 | 0 | 6195 |
| YETI HLDGS INC | COM | 98585X104 |  | 1599199 | 50736 | SH |  | SOLE |  | 50736 | 0 | 0 |

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