# EDGAR Filing Document

**Accession Number:** 0000883803
**File Stem:** 0001941040-25-000553
**Filing Date:** 2025-10
**Character Count:** 25477
**Document Hash:** 897ecfd26a8e5764774a611d7e8e739a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001941040-25-000553.hdr.sgml**: 20251016

**ACCESSION NUMBER**: 0001941040-25-000553

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251016

**DATE AS OF CHANGE**: 20251016

**EFFECTIVENESS DATE**: 20251016

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GRIFFIN ASSET MANAGEMENT, INC.
- **CENTRAL INDEX KEY:** 0000883803

**ORGANIZATION NAME:**
- **EIN:** 132675970
- **STATE OF INCORPORATION:** NY
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-03051
- **FILM NUMBER:** 251397906

**BUSINESS ADDRESS:**
- **STREET 1:** 230 PARK AVENUE
- **STREET 2:** 4TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10169
- **BUSINESS PHONE:** 917-484-5608

**MAIL ADDRESS:**
- **STREET 1:** 230 PARK AVENUE
- **STREET 2:** 4TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10169

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HOVEY YOUNGMAN ASSOCIATES INC
- **DATE OF NAME CHANGE:** 19990326

### 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:** GRIFFIN ASSET MANAGEMENT INC.<br>**Address:** 230 Park Avenue<br>4th Floor<br>New York, NY 10169

**Form 13F File Number:** 028-03051

**CRD Number (if applicable):** 000104548

**SEC File Number (if applicable):** 801-7495

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:** Duncan Smith<br>**Title:** Chief Compliance Officer<br>**Phone:** 212-551-1442

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

Duncan Smith  New York, NY  10-16-2025<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:** 224

**Form 13F Information Table Value Total:** $889974081

      (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 |  | 7645253 | 49267 | SH |  | SOLE |  | 49267 | 0 | 0 |
| ABBOTT LABS | COM | 002824100 |  | 7954544 | 59389 | SH |  | SOLE |  | 59389 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 18568282 | 80195 | SH |  | SOLE |  | 80195 | 0 | 0 |
| ABSCI CORPORATION | COM | 00091E109 |  | 172550 | 56760 | SH |  | SOLE |  | 56760 | 0 | 0 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 8333354 | 33793 | SH |  | SOLE |  | 33793 | 0 | 0 |
| AIR PRODS  CHEMS INC | COM | 009158106 |  | 9515746 | 34892 | SH |  | SOLE |  | 34892 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 232349 | 1300 | SH |  | SOLE |  | 1300 | 0 | 0 |
| ALLEGION PLC | ORD SHS | G0176J109 |  | 248290 | 1400 | SH |  | SOLE |  | 1400 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 8093028 | 33229 | SH |  | SOLE |  | 33229 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 14277406 | 58731 | SH |  | SOLE |  | 58731 | 0 | 0 |
| ALPS ETF TR | MED BREAKTHGH | 00162Q593 |  | 1171016 | 30135 | SH |  | SOLE |  | 30135 | 0 | 0 |
| ALPS ETF TR | ALERIAN MLP | 00162Q452 |  | 5499181 | 117178 | SH |  | SOLE |  | 117178 | 0 | 0 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 1617820 | 24490 | SH |  | SOLE |  | 24490 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 14943486 | 68058 | SH |  | SOLE |  | 68058 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 13934776 | 41952 | SH |  | SOLE |  | 41952 | 0 | 0 |
| AMPLIFY ETF TR | AMPLIFY CYBERSEC | 032108664 |  | 682257 | 7860 | SH |  | SOLE |  | 7860 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 44188432 | 173540 | SH |  | SOLE |  | 173540 | 0 | 0 |
| ARES CAPITAL CORP | COM | 04010L103 |  | 443977 | 21753 | SH |  | SOLE |  | 21753 | 0 | 0 |
| ARISTA NETWORKS INC | COM SHS | 040413205 |  | 283204 | 1944 | SH |  | SOLE |  | 1944 | 0 | 0 |
| ASML HOLDING N V | N Y REGISTRY SHS | N07059210 |  | 20373561 | 21045 | SH |  | SOLE |  | 21045 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 2693675 | 95385 | SH |  | SOLE |  | 95385 | 0 | 0 |
| AUTOLIV INC | COM | 052800109 |  | 227363 | 1841 | SH |  | SOLE |  | 1841 | 0 | 0 |
| AXON ENTERPRISE INC | COM | 05464C101 |  | 358820 | 500 | SH |  | SOLE |  | 500 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 17584248 | 340846 | SH |  | SOLE |  | 340846 | 0 | 0 |
| BCE INC | COM NEW | 05534B760 |  | 475149 | 20314 | SH |  | SOLE |  | 20314 | 0 | 0 |
| BERKLEY W R CORP | COM | 084423102 |  | 3963169 | 51725 | SH |  | SOLE |  | 51725 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 |  | 9804600 | 13 | SH |  | SOLE |  | 13 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 5472828 | 10886 | SH |  | SOLE |  | 10886 | 0 | 0 |
| BIOMEA FUSION INC | COM | 09077A106 |  | 123826 | 61300 | SH |  | SOLE |  | 61300 | 0 | 0 |
| BIT DIGITAL INC | SHS | G1144A105 |  | 52515 | 17505 | SH |  | SOLE |  | 17505 | 0 | 0 |
| BLACKROCK INC | COM | 09290D101 |  | 1709165 | 1466 | SH |  | SOLE |  | 1466 | 0 | 0 |
| BLACKSKY TECHNOLOGY INC | CL A NEW | 09263B207 |  | 984448 | 48856 | SH |  | SOLE |  | 48856 | 0 | 0 |
| BLACKSTONE INC | COM | 09260D107 |  | 14127749 | 82691 | SH |  | SOLE |  | 82691 | 0 | 0 |
| BLACKSTONE SECD LENDING FD | COMMON STOCK | 09261X102 |  | 440728 | 16906 | SH |  | SOLE |  | 16906 | 0 | 0 |
| BLUE OWL CAPITAL CORPORATION | COM | 69121K104 |  | 138458 | 10842 | SH |  | SOLE |  | 10842 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 342091 | 1585 | SH |  | SOLE |  | 1585 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 3031915 | 67226 | SH |  | SOLE |  | 67226 | 0 | 0 |
| BRITISH AMERN TOB PLC | SPONSORED ADR | 110448107 |  | 541140 | 10195 | SH |  | SOLE |  | 10195 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 6069354 | 18397 | SH |  | SOLE |  | 18397 | 0 | 0 |
| BROADRIDGE FINL SOLUTIONS IN | COM | 11133T103 |  | 4779058 | 20066 | SH |  | SOLE |  | 20066 | 0 | 0 |
| BROOKFIELD CORP | CL A LTD VT SH | 11271J107 |  | 384288 | 5603 | SH |  | SOLE |  | 5603 | 0 | 0 |
| BROOKFIELD INFRASTRUCTURE CO | COM SUB VTG A | 11276H106 |  | 209358 | 5091 | SH |  | SOLE |  | 5091 | 0 | 0 |
| BROOKFIELD REAL ASSETS INCOM | SHS BEN INT | 112830104 |  | 287722 | 21536 | SH |  | SOLE |  | 21536 | 0 | 0 |
| BROOKFIELD RENEWABLE CORP | CL A EX SUB VTG | 11285B108 |  | 591870 | 17196 | SH |  | SOLE |  | 17196 | 0 | 0 |
| CAMBRIA ETF TR | GLOBAL VALUE ETF | 132061409 |  | 266110 | 9104 | SH |  | SOLE |  | 9104 | 0 | 0 |
| CAMBRIA ETF TR | CANNABIS ETF | 132061821 |  | 271268 | 41992 | SH |  | SOLE |  | 41992 | 0 | 0 |
| CAMECO CORP | COM | 13321L108 |  | 239001 | 2850 | SH |  | SOLE |  | 2850 | 0 | 0 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 3124288 | 14697 | SH |  | SOLE |  | 14697 | 0 | 0 |
| CARRIER GLOBAL CORPORATION | COM | 14448C104 |  | 1320385 | 22117 | SH |  | SOLE |  | 22117 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 9856409 | 20657 | SH |  | SOLE |  | 20657 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 10994146 | 70798 | SH |  | SOLE |  | 70798 | 0 | 0 |
| CHUBB LIMITED | COM | H1467J104 |  | 2886853 | 10228 | SH |  | SOLE |  | 10228 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 565434 | 8264 | SH |  | SOLE |  | 8264 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 5423328 | 53432 | SH |  | SOLE |  | 53432 | 0 | 0 |
| CLEARWAY ENERGY INC | CL C | 18539C204 |  | 769212 | 27229 | SH |  | SOLE |  | 27229 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 9852518 | 148560 | SH |  | SOLE |  | 148560 | 0 | 0 |
| COHEN  STEERS INFRASTRUCTUR | COM | 19248A109 |  | 453862 | 18301 | SH |  | SOLE |  | 18301 | 0 | 0 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 1298806 | 16247 | SH |  | SOLE |  | 16247 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 4007529 | 42367 | SH |  | SOLE |  | 42367 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 7530000 | 8135 | SH |  | SOLE |  | 8135 | 0 | 0 |
| CRANE COMPANY | COMMON STOCK | 224408104 |  | 5962249 | 32379 | SH |  | SOLE |  | 32379 | 0 | 0 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 772839 | 1576 | SH |  | SOLE |  | 1576 | 0 | 0 |
| CROWN CASTLE INC | COM | 22822V101 |  | 220850 | 2289 | SH |  | SOLE |  | 2289 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 |  | 9895641 | 49912 | SH |  | SOLE |  | 49912 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 9842289 | 85959 | SH |  | SOLE |  | 85959 | 0 | 0 |
| DOCUSIGN INC | COM | 256163106 |  | 320800 | 4450 | SH |  | SOLE |  | 4450 | 0 | 0 |
| DOVER CORP | COM | 260003108 |  | 8921588 | 53477 | SH |  | SOLE |  | 53477 | 0 | 0 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 330621 | 2672 | SH |  | SOLE |  | 2672 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 |  | 1006732 | 2690 | SH |  | SOLE |  | 2690 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 598192 | 784 | SH |  | SOLE |  | 784 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 |  | 2494400 | 19015 | SH |  | SOLE |  | 19015 | 0 | 0 |
| ENBRIDGE INC | COM | 29250N105 |  | 4249740 | 84220 | SH |  | SOLE |  | 84220 | 0 | 0 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 1171044 | 68243 | SH |  | SOLE |  | 68243 | 0 | 0 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 999072 | 31950 | SH |  | SOLE |  | 31950 | 0 | 0 |
| EQUINIX INC | COM | 29444U700 |  | 1362020 | 1739 | SH |  | SOLE |  | 1739 | 0 | 0 |
| ETF SER SOLUTIONS | DEFIANCE QUANTUM | 26922A420 |  | 268570 | 2560 | SH |  | SOLE |  | 2560 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 8942221 | 79310 | SH |  | SOLE |  | 79310 | 0 | 0 |
| FASTENAL CO | COM | 311900104 |  | 1696294 | 34590 | SH |  | SOLE |  | 34590 | 0 | 0 |
| FEDEX CORP | COM | 31428X106 |  | 2409978 | 10220 | SH |  | SOLE |  | 10220 | 0 | 0 |
| GE AEROSPACE | COM NEW | 369604301 |  | 5238428 | 17414 | SH |  | SOLE |  | 17414 | 0 | 0 |
| GE VERNOVA INC | COM | 36828A101 |  | 6340849 | 10312 | SH |  | SOLE |  | 10312 | 0 | 0 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 2420418 | 7098 | SH |  | SOLE |  | 7098 | 0 | 0 |
| GENERAL MLS INC | COM | 370334104 |  | 426589 | 8461 | SH |  | SOLE |  | 8461 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 14745217 | 18516 | SH |  | SOLE |  | 18516 | 0 | 0 |
| GRACO INC | COM | 384109104 |  | 2774282 | 32654 | SH |  | SOLE |  | 32654 | 0 | 0 |
| HARTFORD INSURANCE GROUP INC | COM | 416515104 |  | 2078216 | 15580 | SH |  | SOLE |  | 15580 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 16435571 | 40563 | SH |  | SOLE |  | 40563 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 10140574 | 48174 | SH |  | SOLE |  | 48174 | 0 | 0 |
| ILLINOIS TOOL WKS INC | COM | 452308109 |  | 6038159 | 23156 | SH |  | SOLE |  | 23156 | 0 | 0 |
| INGERSOLL RAND INC | COM | 45687V106 |  | 245381 | 2970 | SH |  | SOLE |  | 2970 | 0 | 0 |
| INTERACTIVE BROKERS GROUP IN | COM CL A | 45841N107 |  | 2771942 | 40284 | SH |  | SOLE |  | 40284 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 3294273 | 11675 | SH |  | SOLE |  | 11675 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 9406732 | 15668 | SH |  | SOLE |  | 15668 | 0 | 0 |
| ISHARES BITCOIN TRUST ETF | SHS BEN INT | 46438F101 |  | 1930435 | 29699 | SH |  | SOLE |  | 29699 | 0 | 0 |
| ISHARES ETHEREUM TR | SHS | 46438R105 |  | 243793 | 7737 | SH |  | SOLE |  | 7737 | 0 | 0 |
| ISHARES INC | MSCI MEXICO ETF | 464286822 |  | 289824 | 4249 | SH |  | SOLE |  | 4249 | 0 | 0 |
| ISHARES INC | MSCI AUST ETF | 464286103 |  | 263439 | 9757 | SH |  | SOLE |  | 9757 | 0 | 0 |
| ISHARES TR | S MC 400GR ETF | 464287606 |  | 926777 | 9665 | SH |  | SOLE |  | 9665 | 0 | 0 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 355911 | 6665 | SH |  | SOLE |  | 6665 | 0 | 0 |
| ISHARES TR | U.S. TECH ETF | 464287721 |  | 243846 | 1245 | SH |  | SOLE |  | 1245 | 0 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 268334 | 1109 | SH |  | SOLE |  | 1109 | 0 | 0 |
| ISHARES TR | CORE S US GWT | 464287671 |  | 208637 | 1268 | SH |  | SOLE |  | 1268 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 |  | 2217391 | 3313 | SH |  | SOLE |  | 3313 | 0 | 0 |
| ISHARES TR | ISHARES BIOTECH | 464287556 |  | 310395 | 2150 | SH |  | SOLE |  | 2150 | 0 | 0 |
| ISHARES TR | S MC 400VL ETF | 464287705 |  | 844866 | 6513 | SH |  | SOLE |  | 6513 | 0 | 0 |
| ISHARES TR | US AER DEF ETF | 464288760 |  | 466441 | 2229 | SH |  | SOLE |  | 2229 | 0 | 0 |
| ISHARES TR | U.S. ENERGY ETF | 464287796 |  | 382821 | 8056 | SH |  | SOLE |  | 8056 | 0 | 0 |
| ISHARES TR | US INDUSTRIALS | 464287754 |  | 330844 | 2268 | SH |  | SOLE |  | 2268 | 0 | 0 |
| JOBY AVIATION INC | COMMON STOCK | G65163100 |  | 211757 | 13120 | SH |  | SOLE |  | 13120 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 14624849 | 78874 | SH |  | SOLE |  | 78874 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 20798996 | 65939 | SH |  | SOLE |  | 65939 | 0 | 0 |
| KIMBERLY-CLARK CORP | COM | 494368103 |  | 460058 | 3700 | SH |  | SOLE |  | 3700 | 0 | 0 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 981058 | 34654 | SH |  | SOLE |  | 34654 | 0 | 0 |
| KINSALE CAP GROUP INC | COM | 49714P108 |  | 208093 | 489 | SH |  | SOLE |  | 489 | 0 | 0 |
| KLA CORP | COM NEW | 482480100 |  | 922203 | 855 | SH |  | SOLE |  | 855 | 0 | 0 |
| KRANESHARES TRUST | BOSERA MSCI CHIN | 500767405 |  | 268375 | 8925 | SH |  | SOLE |  | 8925 | 0 | 0 |
| L3HARRIS TECHNOLOGIES INC | COM | 502431109 |  | 3046995 | 9977 | SH |  | SOLE |  | 9977 | 0 | 0 |
| LINCOLN ELEC HLDGS INC | COM | 533900106 |  | 424494 | 1800 | SH |  | SOLE |  | 1800 | 0 | 0 |
| LINDE PLC | SHS | G54950103 |  | 1563700 | 3292 | SH |  | SOLE |  | 3292 | 0 | 0 |
| MAGNITE INC | COM | 55955D100 |  | 434184 | 19935 | SH |  | SOLE |  | 19935 | 0 | 0 |
| MARTIN MARIETTA MATLS INC | COM | 573284106 |  | 1355102 | 2150 | SH |  | SOLE |  | 2150 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 2407020 | 7921 | SH |  | SOLE |  | 7921 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 202868 | 2130 | SH |  | SOLE |  | 2130 | 0 | 0 |
| MERCADOLIBRE INC | COM | 58733R102 |  | 3855951 | 1650 | SH |  | SOLE |  | 1650 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 8934246 | 106449 | SH |  | SOLE |  | 106449 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 5333811 | 7263 | SH |  | SOLE |  | 7263 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 40294001 | 77795 | SH |  | SOLE |  | 77795 | 0 | 0 |
| MID-AMER APT CMNTYS INC | COM | 59522J103 |  | 234491 | 1678 | SH |  | SOLE |  | 1678 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 4004520 | 25192 | SH |  | SOLE |  | 25192 | 0 | 0 |
| MPLX LP | COM UNIT REP LTD | 55336V100 |  | 593043 | 11873 | SH |  | SOLE |  | 11873 | 0 | 0 |
| NANO X IMAGING LTD | ORD SHS | M70700105 |  | 427420 | 115519 | SH |  | SOLE |  | 115519 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 359676 | 300 | SH |  | SOLE |  | 300 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 380772 | 5044 | SH |  | SOLE |  | 5044 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 654695 | 9389 | SH |  | SOLE |  | 9389 | 0 | 0 |
| NNN REIT INC | COM | 637417106 |  | 416937 | 9794 | SH |  | SOLE |  | 9794 | 0 | 0 |
| NOVO-NORDISK A S | ADR | 670100205 |  | 457349 | 8242 | SH |  | SOLE |  | 8242 | 0 | 0 |
| NUCOR CORP | COM | 670346105 |  | 206531 | 1525 | SH |  | SOLE |  | 1525 | 0 | 0 |
| NUVEEN NASDAQ 100 DYNAMIC OV | COM SHS | 670699107 |  | 204302 | 7440 | SH |  | SOLE |  | 7440 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 15095277 | 80905 | SH |  | SOLE |  | 80905 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 14200544 | 50493 | SH |  | SOLE |  | 50493 | 0 | 0 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 |  | 1744366 | 16180 | SH |  | SOLE |  | 16180 | 0 | 0 |
| PALLADYNE AI CORP | COM NEW | 80359A205 |  | 124813 | 14530 | SH |  | SOLE |  | 14530 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 949480 | 4663 | SH |  | SOLE |  | 4663 | 0 | 0 |
| PAYCHEX INC | COM | 704326107 |  | 2279902 | 17986 | SH |  | SOLE |  | 17986 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 1155797 | 8230 | SH |  | SOLE |  | 8230 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 3645780 | 143084 | SH |  | SOLE |  | 143084 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 1194567 | 7365 | SH |  | SOLE |  | 7365 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 5198752 | 33835 | SH |  | SOLE |  | 33835 | 0 | 0 |
| PROCURE ETF TRUST II | SPACE ETF | 74280R205 |  | 281438 | 7889 | SH |  | SOLE |  | 7889 | 0 | 0 |
| PROLOGIS INC. | COM | 74340W103 |  | 2172150 | 18967 | SH |  | SOLE |  | 18967 | 0 | 0 |
| PULSE BIOSCIENCES INC | COM | 74587B101 |  | 4023422 | 227312 | SH |  | SOLE |  | 227312 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 11534794 | 69336 | SH |  | SOLE |  | 69336 | 0 | 0 |
| REALTY INCOME CORP | COM | 756109104 |  | 531475 | 8743 | SH |  | SOLE |  | 8743 | 0 | 0 |
| REAVES UTIL INCOME FD | COM SH BEN INT | 756158101 |  | 1574876 | 39750 | SH |  | SOLE |  | 39750 | 0 | 0 |
| REPLIMUNE GROUP INC | COM | 76029N106 |  | 81952 | 19559 | SH |  | SOLE |  | 19559 | 0 | 0 |
| ROLLINS INC | COM | 775711104 |  | 1189779 | 20255 | SH |  | SOLE |  | 20255 | 0 | 0 |
| ROSS STORES INC | COM | 778296103 |  | 1263923 | 8294 | SH |  | SOLE |  | 8294 | 0 | 0 |
| RPM INTL INC | COM | 749685103 |  | 3751883 | 31828 | SH |  | SOLE |  | 31828 | 0 | 0 |
| RTX CORPORATION | COM | 75513E101 |  | 12999567 | 77688 | SH |  | SOLE |  | 77688 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 839575 | 1725 | SH |  | SOLE |  | 1725 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 363558 | 1534 | SH |  | SOLE |  | 1534 | 0 | 0 |
| SANA BIOTECHNOLOGY INC | COM | 799566104 |  | 41251 | 11620 | SH |  | SOLE |  | 11620 | 0 | 0 |
| SCHLUMBERGER LTD | COM STK | 806857108 |  | 2383559 | 69350 | SH |  | SOLE |  | 69350 | 0 | 0 |
| SELECT SECTOR SPDR TR | FINANCIAL | 81369Y605 |  | 263909 | 4899 | SH |  | SOLE |  | 4899 | 0 | 0 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 |  | 335740 | 3758 | SH |  | SOLE |  | 3758 | 0 | 0 |
| SERIES PORTFOLIOS TR | ELDRIDGE BBB B | 81752T528 |  | 843301 | 31443 | SH |  | SOLE |  | 31443 | 0 | 0 |
| SERIES PORTFOLIOS TR | ELDRIDGE AAA CLO | 81752T486 |  | 846853 | 33119 | SH |  | SOLE |  | 33119 | 0 | 0 |
| SHELL PLC | SPON ADS | 780259305 |  | 4297583 | 60081 | SH |  | SOLE |  | 60081 | 0 | 0 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 3103528 | 8963 | SH |  | SOLE |  | 8963 | 0 | 0 |
| SHOPIFY INC | CL A SUB VTG SHS | 82509L107 |  | 2194821 | 14769 | SH |  | SOLE |  | 14769 | 0 | 0 |
| SIBANYE STILLWATER LTD | SPONSORED ADR | 82575P107 |  | 187427 | 16675 | SH |  | SOLE |  | 16675 | 0 | 0 |
| SIMPLIFY EXCHANGE TRADED FUN | HEALTH CARE ETF | 82889N772 |  | 272167 | 8583 | SH |  | SOLE |  | 8583 | 0 | 0 |
| SNAP ON INC | COM | 833034101 |  | 3678416 | 10615 | SH |  | SOLE |  | 10615 | 0 | 0 |
| SPDR INDEX SHS FDS | EURO STOXX 50 | 78463X202 |  | 606664 | 9766 | SH |  | SOLE |  | 9766 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 9613415 | 113634 | SH |  | SOLE |  | 113634 | 0 | 0 |
| STRATASYS LTD | SHS | M85548101 |  | 202720 | 18100 | SH |  | SOLE |  | 18100 | 0 | 0 |
| SUMMIT THERAPEUTICS INC | COM | 86627T108 |  | 2898226 | 140282 | SH |  | SOLE |  | 140282 | 0 | 0 |
| SUPER MICRO COMPUTER INC | COM NEW | 86800U302 |  | 1218491 | 25417 | SH |  | SOLE |  | 25417 | 0 | 0 |
| SYSCO CORP | COM | 871829107 |  | 2249776 | 27323 | SH |  | SOLE |  | 27323 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 1224128 | 4383 | SH |  | SOLE |  | 4383 | 0 | 0 |
| TARGET CORP | COM | 87612E106 |  | 6127101 | 68307 | SH |  | SOLE |  | 68307 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 2415719 | 5432 | SH |  | SOLE |  | 5432 | 0 | 0 |
| THE CIGNA GROUP | COM | 125523100 |  | 1964712 | 6816 | SH |  | SOLE |  | 6816 | 0 | 0 |
| THE TRADE DESK INC | COM CL A | 88339J105 |  | 1729220 | 35283 | SH |  | SOLE |  | 35283 | 0 | 0 |
| THOMSON REUTERS CORP | COM | 884903808 |  | 1907608 | 12281 | SH |  | SOLE |  | 12281 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 |  | 20991157 | 145227 | SH |  | SOLE |  | 145227 | 0 | 0 |
| TRACTOR SUPPLY CO | COM | 892356106 |  | 1180594 | 20760 | SH |  | SOLE |  | 20760 | 0 | 0 |
| TRANE TECHNOLOGIES PLC | SHS | G8994E103 |  | 1075998 | 2550 | SH |  | SOLE |  | 2550 | 0 | 0 |
| TRANSOCEAN LTD | REGISTERED SHS | H8817H100 |  | 62400 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| TRUIST FINL CORP | COM | 89832Q109 |  | 4799512 | 104976 | SH |  | SOLE |  | 104976 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 5281661 | 53911 | SH |  | SOLE |  | 53911 | 0 | 0 |
| ULTA BEAUTY INC | COM | 90384S303 |  | 4447264 | 8134 | SH |  | SOLE |  | 8134 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 3673456 | 15541 | SH |  | SOLE |  | 15541 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 2247729 | 26909 | SH |  | SOLE |  | 26909 | 0 | 0 |
| UNITED RENTALS INC | COM | 911363109 |  | 2135574 | 2237 | SH |  | SOLE |  | 2237 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 5545323 | 16059 | SH |  | SOLE |  | 16059 | 0 | 0 |
| UNIVERSAL DISPLAY CORP | COM | 91347P105 |  | 38675923 | 269275 | SH |  | SOLE |  | 269275 | 0 | 0 |
| US BANCORP DEL | COM NEW | 902973304 |  | 326959 | 6765 | SH |  | SOLE |  | 6765 | 0 | 0 |
| USA RARE EARTH INC | COM | 91733P107 |  | 259672 | 15106 | SH |  | SOLE |  | 15106 | 0 | 0 |
| VANECK ETF TRUST | VIDEO GMNG ESPRT | 92189F114 |  | 268040 | 2211 | SH |  | SOLE |  | 2211 | 0 | 0 |
| VANECK ETF TRUST | GOLD MINERS ETF | 92189F106 |  | 294828 | 3859 | SH |  | SOLE |  | 3859 | 0 | 0 |
| VANECK ETF TRUST | STEEL ETF | 92189F205 |  | 262957 | 3628 | SH |  | SOLE |  | 3628 | 0 | 0 |
| VANGUARD ADMIRAL FDS INC | 500 GRTH IDX F | 921932505 |  | 298290 | 685 | SH |  | SOLE |  | 685 | 0 | 0 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 860178 | 1405 | SH |  | SOLE |  | 1405 | 0 | 0 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 461772 | 1816 | SH |  | SOLE |  | 1816 | 0 | 0 |
| VANGUARD INDEX FDS | MCAP GR IDXVIP | 922908538 |  | 224456 | 764 | SH |  | SOLE |  | 764 | 0 | 0 |
| VANGUARD WORLD FD | INF TECH ETF | 92204A702 |  | 2879812 | 3857 | SH |  | SOLE |  | 3857 | 0 | 0 |
| VANGUARD WORLD FD | MEGA GRWTH IND | 921910816 |  | 3162201 | 7858 | SH |  | SOLE |  | 7858 | 0 | 0 |
| VEEVA SYS INC | CL A COM | 922475108 |  | 497510 | 1670 | SH |  | SOLE |  | 1670 | 0 | 0 |
| VERISK ANALYTICS INC | COM | 92345Y106 |  | 3195686 | 12706 | SH |  | SOLE |  | 12706 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 3691586 | 83995 | SH |  | SOLE |  | 83995 | 0 | 0 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 |  | 2436001 | 6220 | SH |  | SOLE |  | 6220 | 0 | 0 |
| VICI PPTYS INC | COM | 925652109 |  | 985038 | 30207 | SH |  | SOLE |  | 30207 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 17235935 | 50489 | SH |  | SOLE |  | 50489 | 0 | 0 |
| VULCAN MATLS CO | COM | 929160109 |  | 2051210 | 6668 | SH |  | SOLE |  | 6668 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 14803157 | 143636 | SH |  | SOLE |  | 143636 | 0 | 0 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 2813387 | 12740 | SH |  | SOLE |  | 12740 | 0 | 0 |
| WEDBUSH SER TR | DAN IVES WEDBUSH | 947913109 |  | 700987 | 21824 | SH |  | SOLE |  | 21824 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 18377630 | 219251 | SH |  | SOLE |  | 219251 | 0 | 0 |
| WHIRLPOOL CORP | COM | 963320106 |  | 250085 | 3182 | SH |  | SOLE |  | 3182 | 0 | 0 |
| WP CAREY INC | COM | 92936U109 |  | 1899331 | 28109 | SH |  | SOLE |  | 28109 | 0 | 0 |
| XYLEM INC | COM | 98419M100 |  | 246030 | 1668 | SH |  | SOLE |  | 1668 | 0 | 0 |
| YUM BRANDS INC | COM | 988498101 |  | 1176176 | 7738 | SH |  | SOLE |  | 7738 | 0 | 0 |
| ZOETIS INC | CL A | 98978V103 |  | 4590351 | 31372 | SH |  | SOLE |  | 31372 | 0 | 0 |

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