# EDGAR Filing Document

**Accession Number:** 0001025038
**File Stem:** 0001025038-25-000012
**Filing Date:** 2025-10
**Character Count:** 22734
**Document Hash:** 7c3a030ca5fbbb5ada8930f6e4910842
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001025038-25-000012.hdr.sgml**: 20251014

**ACCESSION NUMBER**: 0001025038-25-000012

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251014

**DATE AS OF CHANGE**: 20251014

**EFFECTIVENESS DATE**: 20251014

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ARVEST INVESTMENTS, INC.
- **CENTRAL INDEX KEY:** 0001025038

**ORGANIZATION NAME:**
- **EIN:** 710794602
- **STATE OF INCORPORATION:** AR
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-23529
- **FILM NUMBER:** 251390389

**BUSINESS ADDRESS:**
- **STREET 1:** 913 W MONROE AVENUE
- **CITY:** LOWELL
- **STATE:** AR
- **ZIP:** 72745
- **BUSINESS PHONE:** 501 988 6951

**MAIL ADDRESS:**
- **STREET 1:** PO BOX 1515
- **CITY:** LOWELL
- **STATE:** AR
- **ZIP:** 72745

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ARVEST INVESTMENTS INC                                  /BD
- **DATE OF NAME CHANGE:** 20020222

### 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:** ARVEST INVESTMENTS INC.<br>**Address:** PO BOX 1515<br>LOWELL, AR 72745

**Form 13F File Number:** 028-23529

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:** Anne M Reed<br>**Title:** Compliance<br>**Phone:** 9013716913

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

Anne Marie Reed  Millington, TN  10-14-2025<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:** 187

**Form 13F Information Table Value Total:** $697021982

      (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 |  | 1649288 | 7123 | SH |  | SOLE |  | 6827 | 0 | 295 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 1045616 | 4240 | SH |  | SOLE |  | 4065 | 0 | 175 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 286530 | 1771 | SH |  | SOLE |  | 1697 | 0 | 74 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 7311861 | 30077 | SH |  | SOLE |  | 12770 | 0 | 17307 |
| APPLE INC | COM | 037833100 |  | 6338903 | 24894 | SH |  | SOLE |  | 11205 | 0 | 13689 |
| ATMOS ENERGY CORP | COM | 049560105 |  | 1002814 | 5873 | SH |  | SOLE |  | 5640 | 0 | 233 |
| BANK AMERICA CORP | COM | 060505104 |  | 1133384 | 21969 | SH |  | SOLE |  | 21060 | 0 | 908 |
| CAPITAL GROUP CORE BALANCED | SHS | 14021D107 |  | 61280 | 1765 | SH |  | SOLE |  | 0 | 0 | 1765 |
| CHENIERE ENERGY INC | COM NEW | 16411R208 |  | 989795 | 4212 | SH |  | SOLE |  | 49 | 0 | 4163 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 766698 | 8105 | SH |  | SOLE |  | 7766 | 0 | 338 |
| EATON CORP PLC | SHS | G29183103 |  | 316615 | 846 | SH |  | SOLE |  | 810 | 0 | 36 |
| EDISON INTL | COM | 281020107 |  | 908747 | 16439 | SH |  | SOLE |  | 12419 | 0 | 4020 |
| EOG RES INC | COM | 26875P101 |  | 977550 | 8718 | SH |  | SOLE |  | 106 | 0 | 8611 |
| FIRST TR EXCHANGE TRAD FD VI | FST TR GLB FD | 33739H101 |  | 6435951 | 248492 | SH |  | SOLE |  | 168532 | 0 | 79959 |
| FORD MTR CO | COM | 345370860 |  | 1014112 | 84792 | SH |  | SOLE |  | 64069 | 0 | 20723 |
| GOLDMAN SACHS ETF TR | ACTIVEBETA EME | 381430206 |  | 17219883 | 422781 | SH |  | SOLE |  | 279572 | 0 | 143209 |
| IQVIA HLDGS INC | COM | 46266C105 |  | 1725509 | 9084 | SH |  | SOLE |  | 8707 | 0 | 377 |
| ISHARES TR | 20 YR TR BD ETF | 464287432 |  | 2443905 | 27345 | SH |  | SOLE |  | 19499 | 0 | 7846 |
| ISHARES TR | CMBS ETF | 46429B366 |  | 21521111 | 438579 | SH |  | SOLE |  | 314097 | 0 | 124482 |
| ISHARES TR | CORE 60/40 BALAN | 464289867 |  | 56847 | 883 | SH |  | SOLE |  | 0 | 0 | 883 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 10426 | 104 | SH |  | SOLE |  | 0 | 0 | 104 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 7787603 | 24688 | SH |  | SOLE |  | 9305 | 0 | 15383 |
| KEYCORP | COM | 493267108 |  | 1004269 | 53733 | SH |  | SOLE |  | 40593 | 0 | 13140 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 1574009 | 3153 | SH |  | SOLE |  | 2382 | 0 | 771 |
| OMNICOM GROUP INC | COM | 681919106 |  | 1661356 | 20377 | SH |  | SOLE |  | 19528 | 0 | 848 |
| PFIZER INC | COM | 717081103 |  | 907725 | 35625 | SH |  | SOLE |  | 26911 | 0 | 8714 |
| PRICE T ROWE GROUP INC | COM | 74144T108 |  | 953422 | 9289 | SH |  | SOLE |  | 7021 | 0 | 2268 |
| PUBLIC SVC ENTERPRISE GRP IN | COM | 744573106 |  | 1789549 | 21442 | SH |  | SOLE |  | 16213 | 0 | 5229 |
| RTX CORPORATION | COM | 75513E101 |  | 507511 | 3033 | SH |  | SOLE |  | 2905 | 0 | 128 |
| SELECT SECTOR SPDR TR | SBI CONS DISCR | 81369Y407 |  | 8396 | 35 | SH |  | SOLE |  | 0 | 0 | 35 |
| SPDR SERIES TRUST | PORTFLI HIGH YLD | 78468R606 |  | 4020420 | 167937 | SH |  | SOLE |  | 3125 | 0 | 164812 |
| SPDR SERIES TRUST | S REGL BKG | 78464A698 |  | 2471816 | 39049 | SH |  | SOLE |  | 25797 | 0 | 13251 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 47001 | 98 | SH |  | SOLE |  | 0 | 0 | 98 |
| VANGUARD INDEX FDS | MCAP GR IDXVIP | 922908538 |  | 12306999 | 41890 | SH |  | SOLE |  | 27583 | 0 | 14306 |
| VANGUARD INDEX FDS | MCAP VL IDXVIP | 922908512 |  | 18947919 | 108534 | SH |  | SOLE |  | 71598 | 0 | 36935 |
| VANGUARD INTL EQUITY INDEX F | GLB EX US ETF | 922042676 |  | 4391100 | 91979 | SH |  | SOLE |  | 62378 | 0 | 29601 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 50300143 | 839455 | SH |  | SOLE |  | 553662 | 0 | 285792 |
| CAPITAL GROUP CORE EQUITY ET | SHS CREATION UNI | 14020V108 |  | 16171 | 409 | SH |  | SOLE |  | 0 | 0 | 409 |
| CAPITAL GROUP GBL GROWTH EQT | SHS CREATION UNI | 14020X104 |  | 15103 | 442 | SH |  | SOLE |  | 0 | 0 | 442 |
| CAPITAL GRP FIXED INCM ETF T | CORE PLUS INCM | 14020Y102 |  | 26014 | 1145 | SH |  | SOLE |  | 0 | 0 | 1145 |
| CITIZENS FINL GROUP INC | COM | 174610105 |  | 2002696 | 37673 | SH |  | SOLE |  | 28467 | 0 | 9206 |
| DTE ENERGY CO | COM | 233331107 |  | 1478084 | 10451 | SH |  | SOLE |  | 7897 | 0 | 2554 |
| EXELON CORP | COM | 30161N101 |  | 543810 | 12082 | SH |  | SOLE |  | 9130 | 0 | 2952 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 1091603 | 3201 | SH |  | SOLE |  | 3068 | 0 | 133 |
| GLOBAL X FDS | US INFR DEV ETF | 37954Y673 |  | 2845092 | 59733 | SH |  | SOLE |  | 628 | 0 | 59104 |
| GOLDMAN SACHS ETF TR | ACCESS INVT GR | 381430479 |  | 32673526 | 699798 | SH |  | SOLE |  | 499165 | 0 | 200633 |
| GOLDMAN SACHS ETF TR | ACTIVEBETA US LG | 381430503 |  | 18714521 | 143648 | SH |  | SOLE |  | 94574 | 0 | 49073 |
| INTERPUBLIC GROUP COS INC | COM | 460690100 |  | 1062198 | 38058 | SH |  | SOLE |  | 28690 | 0 | 9368 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 47814784 | 252054 | SH |  | SOLE |  | 143666 | 0 | 108388 |
| ISHARES TR | 10-20 YR TRS ETF | 464288653 |  | 9778752 | 94948 | SH |  | SOLE |  | 67735 | 0 | 27213 |
| ISHARES TR | INTL SEL DIV ETF | 464288448 |  | 3132602 | 85707 | SH |  | SOLE |  | 1036 | 0 | 84671 |
| ISHARES TR | MBS ETF | 464288588 |  | 21485269 | 225804 | SH |  | SOLE |  | 161748 | 0 | 64056 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 |  | 2632927 | 12932 | SH |  | SOLE |  | 101 | 0 | 12830 |
| JANUS DETROIT STR TR | HENDERSON MTG | 47103U852 |  | 27812983 | 608998 | SH |  | SOLE |  | 434374 | 0 | 174624 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 28310 | 1000 | SH |  | SOLE |  | 0 | 0 | 1000 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 697353 | 11163 | SH |  | SOLE |  | 10700 | 0 | 462 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 703340 | 9317 | SH |  | SOLE |  | 7058 | 0 | 2259 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 1554679 | 10118 | SH |  | SOLE |  | 6527 | 0 | 3590 |
| SCHWAB STRATEGIC TR | FUNDAMENTAL US L | 808524771 |  | 394 | 15 | SH |  | SOLE |  | 0 | 0 | 15 |
| SCHWAB STRATEGIC TR | US LCAP GR ETF | 808524300 |  | 0 | 0 | SH |  | SOLE |  | 0 | 0 | 0 |
| SELECT SECTOR SPDR TR | INDL | 81369Y704 |  | 9817 | 63 | SH |  | SOLE |  | 0 | 0 | 63 |
| SPDR DOW JONES INDL AVERAGE | UT SER 1 | 78467X109 |  | 2344354 | 5055 | SH |  | SOLE |  | 57 | 0 | 4998 |
| SPDR S MIDCAP 400 ETF TR | UTSER1 S | 78467Y107 |  | 9451802 | 15857 | SH |  | SOLE |  | 13906 | 0 | 1951 |
| SPDR SERIES TRUST | PORTFOLIO S | 78464A854 |  | 1441926 | 18406 | SH |  | SOLE |  | 16752 | 0 | 1654 |
| TORTOISE CAPITAL SERIES TRUS | NORTH AMERN PIPE | 890930308 |  | 15445412 | 423742 | SH |  | SOLE |  | 287406 | 0 | 136336 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 5594 | 22 | SH |  | SOLE |  | 0 | 0 | 22 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 19129523 | 353073 | SH |  | SOLE |  | 233361 | 0 | 119712 |
| VANGUARD SCOTTSDALE FDS | SHORT TERM TREAS | 92206C102 |  | 3856333 | 65528 | SH |  | SOLE |  | 1391 | 0 | 64136 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 507382 | 11544 | SH |  | SOLE |  | 8186 | 0 | 3358 |
| AMAZON COM INC | COM | 023135106 |  | 4688478 | 21353 | SH |  | SOLE |  | 9144 | 0 | 12209 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 |  | 531112 | 4721 | SH |  | SOLE |  | 3568 | 0 | 1153 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 835382 | 2515 | SH |  | SOLE |  | 2411 | 0 | 104 |
| APPLIED MATLS INC | COM | 038222105 |  | 785177 | 3835 | SH |  | SOLE |  | 3673 | 0 | 162 |
| AT INC | COM | 00206R102 |  | 632943 | 22413 | SH |  | SOLE |  | 16931 | 0 | 5482 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 344371 | 7635 | SH |  | SOLE |  | 5345 | 0 | 2290 |
| CAPITAL GRP FIXED INCM ETF T | CORE BOND ETF | 14020Y508 |  | 25942 | 976 | SH |  | SOLE |  | 0 | 0 | 976 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 1250217 | 5881 | SH |  | SOLE |  | 5635 | 0 | 246 |
| CARNIVAL CORP | UNIT 99/99/9999 | 143658300 |  | 2948 | 102 | SH |  | SOLE |  | 0 | 0 | 102 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 495388 | 6197 | SH |  | SOLE |  | 5940 | 0 | 257 |
| CONAGRA BRANDS INC | COM | 205887102 |  | 443761 | 24236 | SH |  | SOLE |  | 18315 | 0 | 5921 |
| ECOLAB INC | COM | 278865100 |  | 1289089 | 4707 | SH |  | SOLE |  | 4510 | 0 | 197 |
| ELI LILLY  CO | COM | 532457108 |  | 2799746 | 3669 | SH |  | SOLE |  | 929 | 0 | 2740 |
| EVERSOURCE ENERGY | COM | 30040W108 |  | 2019166 | 28383 | SH |  | SOLE |  | 21460 | 0 | 6923 |
| FIRST TR EXCHANGE TRADED FD | NASDQ CLN EDGE | 33737A108 |  | 2105555 | 13936 | SH |  | SOLE |  | 167 | 0 | 13769 |
| FIRST TR EXCHANGE TRADED FD | RBA INDL ETF | 33738R704 |  | 4018599 | 41565 | SH |  | SOLE |  | 482 | 0 | 41083 |
| FIRST TR EXCHANGE-TRADED FD | NO AMER ENERGY | 33738D101 |  | 6449841 | 168447 | SH |  | SOLE |  | 114097 | 0 | 54349 |
| FIRST TR EXCHANGE-TRADED FD | SMID RISNG ETF | 33741X102 |  | 9051244 | 238068 | SH |  | SOLE |  | 2461 | 0 | 235607 |
| FIRSTENERGY CORP | COM | 337932107 |  | 1045016 | 22807 | SH |  | SOLE |  | 17239 | 0 | 5568 |
| HONEYWELL INTL INC | COM | 438516106 |  | 1189354 | 5650 | SH |  | SOLE |  | 5415 | 0 | 234 |
| HUNTINGTON BANCSHARES INC | COM | 446150104 |  | 1380373 | 79929 | SH |  | SOLE |  | 60413 | 0 | 19516 |
| INVESCO INDIA EXCHANGE-TRADE | INDIA ETF | 46137R109 |  | 3024923 | 120659 | SH |  | SOLE |  | 908 | 0 | 119750 |
| INVESCO LTD | SHS | G491BT108 |  | 504060 | 21973 | SH |  | SOLE |  | 16605 | 0 | 5368 |
| ISHARES SILVER TR | ISHARES | 46428Q109 |  | 2573498 | 60738 | SH |  | SOLE |  | 41200 | 0 | 19538 |
| ISHARES TR | 1 3 YR TREAS BD | 464287457 |  | 5743985 | 69238 | SH |  | SOLE |  | 49381 | 0 | 19856 |
| ISHARES TR | 3 7 YR TREAS BD | 464288661 |  | 10630072 | 88947 | SH |  | SOLE |  | 63438 | 0 | 25508 |
| ISHARES TR | AGENCY BOND ETF | 464288166 |  | 9852310 | 89266 | SH |  | SOLE |  | 63672 | 0 | 25593 |
| ISHARES TR | FLTG RATE NT ETF | 46429B655 |  | 1561332 | 30563 | SH |  | SOLE |  | 598 | 0 | 29965 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 558345 | 1192 | SH |  | SOLE |  | 0 | 0 | 1192 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 495050 | 2046 | SH |  | SOLE |  | 1368 | 0 | 678 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 635360 | 1117 | SH |  | SOLE |  | 1071 | 0 | 46 |
| MCDONALDS CORP | COM | 580135101 |  | 1493727 | 4915 | SH |  | SOLE |  | 3298 | 0 | 1617 |
| META PLATFORMS INC | CL A | 30303M102 |  | 1476103 | 2010 | SH |  | SOLE |  | 1928 | 0 | 82 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 1729102 | 10334 | SH |  | SOLE |  | 9901 | 0 | 433 |
| MICROSOFT CORP | COM | 594918104 |  | 5299415 | 10231 | SH |  | SOLE |  | 6388 | 0 | 3843 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 |  | 1220049 | 2668 | SH |  | SOLE |  | 2555 | 0 | 113 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 15020 | 50 | SH |  | SOLE |  | 0 | 0 | 50 |
| WHEATON PRECIOUS METALS CORP | COM | 962879102 |  | 5592 | 50 | SH |  | SOLE |  | 0 | 0 | 50 |
| WISDOMTREE TR | US TOTAL DIVIDND | 97717W109 |  | 398313 | 4741 | SH |  | SOLE |  | 3530 | 0 | 1211 |
| NRG ENERGY INC | COM NEW | 629377508 |  | 1202640 | 7426 | SH |  | SOLE |  | 7140 | 0 | 286 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 4835593 | 25917 | SH |  | SOLE |  | 21322 | 0 | 4595 |
| ONEOK INC NEW | COM | 682680103 |  | 1275004 | 17473 | SH |  | SOLE |  | 13218 | 0 | 4255 |
| ORACLE CORP | COM | 68389X105 |  | 822345 | 2924 | SH |  | SOLE |  | 2804 | 0 | 120 |
| PACKAGING CORP AMER | COM | 695156109 |  | 737257 | 3383 | SH |  | SOLE |  | 2554 | 0 | 829 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 1614816 | 15566 | SH |  | SOLE |  | 11762 | 0 | 3804 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 |  | 0 | 0 | SH |  | SOLE |  | 0 | 0 | 0 |
| SCHWAB STRATEGIC TR | US TIPS ETF | 808524870 |  | 6538618 | 242620 | SH |  | SOLE |  | 173059 | 0 | 69560 |
| SELECT SECTOR SPDR TR | SBI CONS STPLS | 81369Y308 |  | 3996 | 51 | SH |  | SOLE |  | 0 | 0 | 51 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 |  | 15784 | 56 | SH |  | SOLE |  | 0 | 0 | 56 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 716809 | 1076 | SH |  | SOLE |  | 1043 | 0 | 33 |
| SPROTT FDS TR | LITHIUM MINERS | 85208P709 |  | 2637565 | 292089 | SH |  | SOLE |  | 198047 | 0 | 94041 |
| SPROTT FDS TR | URANIUM MINERS E | 85208P303 |  | 2642547 | 43729 | SH |  | SOLE |  | 29657 | 0 | 14071 |
| SSGA ACTIVE TR | SPDR DBLELN EMRG | 78470P309 |  | 2461972 | 56075 | SH |  | SOLE |  | 39994 | 0 | 16080 |
| THE CAMPBELLS COMPANY | COM | 134429109 |  | 1148690 | 36374 | SH |  | SOLE |  | 27475 | 0 | 8899 |
| TRAVELERS COMPANIES INC | COM | 89417E109 |  | 1511879 | 5414 | SH |  | SOLE |  | 5191 | 0 | 223 |
| TYSON FOODS INC | CL A | 902494103 |  | 0 | 0 | SH |  | SOLE |  | 0 | 0 | 0 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 |  | 10337 | 139 | SH |  | SOLE |  | 0 | 0 | 139 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 3231 | 11 | SH |  | SOLE |  | 0 | 0 | 11 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 11022 | 18 | SH |  | SOLE |  | 0 | 0 | 18 |
| VANGUARD INDEX FDS | SM CP VAL ETF | 922908611 |  | 14726907 | 70561 | SH |  | SOLE |  | 46513 | 0 | 24048 |
| VANGUARD INDEX FDS | SML CP GRW ETF | 922908595 |  | 8863980 | 29782 | SH |  | SOLE |  | 19561 | 0 | 10221 |
| ABRDN PALLADIUM ETF TRUST | PHYSICAL PALLADM | 003262102 |  | 2141041 | 18753 | SH |  | SOLE |  | 12723 | 0 | 6030 |
| ABRDN PLATINUM ETF TRUST | PHYSCL PLATM SHS | 003260106 |  | 2397283 | 16778 | SH |  | SOLE |  | 11376 | 0 | 5402 |
| ADOBE INC | COM | 00724F101 |  | 332996 | 944 | SH |  | SOLE |  | 903 | 0 | 41 |
| AES CORP | COM | 00130H105 |  | 1116323 | 84827 | SH |  | SOLE |  | 64086 | 0 | 20741 |
| ALLIANT ENERGY CORP | COM | 018802108 |  | 1406240 | 20861 | SH |  | SOLE |  | 15765 | 0 | 5096 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 654064 | 1301 | SH |  | SOLE |  | 1248 | 0 | 53 |
| BEST BUY INC | COM | 086516101 |  | 485631 | 6422 | SH |  | SOLE |  | 4854 | 0 | 1568 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 |  | 1268311 | 12991 | SH |  | SOLE |  | 12462 | 0 | 529 |
| BROADCOM INC | COM | 11135F101 |  | 1729388 | 5242 | SH |  | SOLE |  | 5024 | 0 | 218 |
| CAMBRIA ETF TR | GLB MOMENT ETF | 132061508 |  | 2506305 | 77513 | SH |  | SOLE |  | 69474 | 0 | 8039 |
| CAPITAL GROUP DIVIDEND GROWE | SHS ETF | 14021L109 |  | 46084 | 1330 | SH |  | SOLE |  | 0 | 0 | 1330 |
| CAPITAL GROUP DIVIDEND VALUE | SHS CREATION UNI | 14020W106 |  | 65146 | 1550 | SH |  | SOLE |  | 0 | 0 | 1550 |
| CBOE GLOBAL MKTS INC | COM | 12503M108 |  | 601107 | 2451 | SH |  | SOLE |  | 2351 | 0 | 100 |
| CHEVRON CORP NEW | COM | 166764100 |  | 1287975 | 8294 | SH |  | SOLE |  | 6277 | 0 | 2017 |
| CITIGROUP INC | COM NEW | 172967424 |  | 763178 | 7519 | SH |  | SOLE |  | 5687 | 0 | 1832 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 245291 | 265 | SH |  | SOLE |  | 0 | 0 | 265 |
| CULLEN FROST BANKERS INC | COM | 229899109 |  | 43700 | 344 | SH |  | SOLE |  | 0 | 0 | 344 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 2670275 | 23683 | SH |  | SOLE |  | 7855 | 0 | 15828 |
| FIDELITY NATIONAL FINANCIAL | COM SHS | 31620R303 |  | 267123 | 4416 | SH |  | SOLE |  | 3342 | 0 | 1074 |
| FIRST TR EXCHANGE TRADED FD | RISNG DIVD ACHIV | 33738R506 |  | 5615396 | 83487 | SH |  | SOLE |  | 983 | 0 | 82504 |
| FIRST TR EXCHANGE-TRADED FD | INDXX NEXTG ETF | 33737K205 |  | 27450 | 265 | SH |  | SOLE |  | 0 | 0 | 265 |
| FIRST TR EXCHANGE-TRADED FD | LNG DUR OPRTUN | 33738D606 |  | 6196088 | 284877 | SH |  | SOLE |  | 5117 | 0 | 279760 |
| FISERV INC | COM | 337738108 |  | 1438504 | 11157 | SH |  | SOLE |  | 10698 | 0 | 459 |
| FRANKLIN TEMPLETON ETF TR | FTSE JAPAN ETF | 35473P744 |  | 6954632 | 201233 | SH |  | SOLE |  | 132990 | 0 | 68242 |
| GE AEROSPACE | COM NEW | 369604301 |  | 334211 | 1111 | SH |  | SOLE |  | 1065 | 0 | 46 |
| GLOBAL X FDS | ARTIFICIAL ETF | 37954Y632 |  | 3563134 | 72142 | SH |  | SOLE |  | 827 | 0 | 71315 |
| GOLDMAN SACHS ETF TR | ACCES TREASURY | 381430529 |  | 1644960 | 16411 | SH |  | SOLE |  | 11691 | 0 | 4720 |
| HOME DEPOT INC | COM | 437076102 |  | 1361843 | 3361 | SH |  | SOLE |  | 3219 | 0 | 142 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 1413057 | 5008 | SH |  | SOLE |  | 3789 | 0 | 1219 |
| INTERNATIONAL PAPER CO | COM | 460146103 |  | 1458027 | 31423 | SH |  | SOLE |  | 23758 | 0 | 7665 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 240609 | 538 | SH |  | SOLE |  | 515 | 0 | 23 |
| INVESCO EXCH TRADED FD TR II | SHORT TERM TREAS | 46138G888 |  | 3087284 | 29224 | SH |  | SOLE |  | 23107 | 0 | 6117 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 0 | 0 | SH |  | SOLE |  | 0 | 0 | 0 |
| ISHARES TR | 7-10 YR TRSY BD | 464287440 |  | 11411909 | 118307 | SH |  | SOLE |  | 84377 | 0 | 33929 |
| ISHARES TR | CORE S ETF | 464287200 |  | 22756548 | 34000 | SH |  | SOLE |  | 18067 | 0 | 15933 |
| ISHARES TR | EAFE SML CP ETF | 464288273 |  | 7388714 | 96307 | SH |  | SOLE |  | 63681 | 0 | 32625 |
| ISHARES TR | MSCI AC ASIA ETF | 464288182 |  | 3630361 | 39797 | SH |  | SOLE |  | 26308 | 0 | 13489 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 9711094 | 104006 | SH |  | SOLE |  | 97856 | 0 | 6150 |
| ISHARES TR | U.S. ENERGY ETF | 464287796 |  | 0 | 0 | SH |  | SOLE |  | 0 | 0 | 0 |
| J P MORGAN EXCHANGE TRADED F | ULTRA SHRT ETF | 46641Q837 |  | 3195 | 63 | SH |  | SOLE |  | 0 | 0 | 63 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 2181738 | 11766 | SH |  | SOLE |  | 10282 | 0 | 1483 |
| KEURIG DR PEPPER INC | COM | 49271V100 |  | 773692 | 30329 | SH |  | SOLE |  | 22950 | 0 | 7379 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 1118734 | 8355 | SH |  | SOLE |  | 8004 | 0 | 351 |
| LOWES COS INC | COM | 548661107 |  | 1386108 | 5515 | SH |  | SOLE |  | 5284 | 0 | 231 |
| MERCK  CO INC | COM | 58933Y105 |  | 2767194 | 32970 | SH |  | SOLE |  | 6412 | 0 | 26558 |
| NOVARTIS AG | SPONSORED ADR | 66987V109 |  | 481028 | 3751 | SH |  | SOLE |  | 2834 | 0 | 917 |
| PINNACLE WEST CAP CORP | COM | 723484101 |  | 509358 | 5681 | SH |  | SOLE |  | 4295 | 0 | 1386 |
| SALESFORCE INC | COM | 79466L302 |  | 1745434 | 7364 | SH |  | SOLE |  | 3844 | 0 | 3520 |
| SELECT SECTOR SPDR TR | SBI HEALTHCARE | 81369Y209 |  | 8995083 | 64633 | SH |  | SOLE |  | 42584 | 0 | 22049 |
| SPDR INDEX SHS FDS | S INTL ETF | 78463X772 |  | 158988 | 3723 | SH |  | SOLE |  | 2772 | 0 | 951 |
| TEXAS INSTRS INC | COM | 882508104 |  | 939227 | 5112 | SH |  | SOLE |  | 3860 | 0 | 1252 |
| TRUIST FINL CORP | COM | 89832Q109 |  | 1836023 | 40158 | SH |  | SOLE |  | 30347 | 0 | 9811 |
| UNILEVER PLC | SPON ADR NEW | 904767704 |  | 1713725 | 28909 | SH |  | SOLE |  | 21433 | 0 | 7476 |
| UNION PAC CORP | COM | 907818108 |  | 1521921 | 6438 | SH |  | SOLE |  | 6169 | 0 | 269 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 24616 | 132 | SH |  | SOLE |  | 0 | 0 | 132 |
| VANGUARD SCOTTSDALE FDS | INT-TERM CORP | 92206C870 |  | 6517254 | 77484 | SH |  | SOLE |  | 1436 | 0 | 76047 |
| WALMART INC | COM | 931142103 |  | 5508015 | 53444 | SH |  | SOLE |  | 5050 | 0 | 48394 |

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