# EDGAR Filing Document

**Accession Number:** 0001639375
**File Stem:** 0001639375-23-000002
**Filing Date:** 2023-2
**Character Count:** 17503
**Document Hash:** ab6090f73192376593ff2be9623fe9f0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001639375-23-000002.hdr.sgml**: 20230201

**ACCESSION NUMBER**: 0001639375-23-000002

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230201

**DATE AS OF CHANGE**: 20230201

**EFFECTIVENESS DATE**: 20230201

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Sendero Wealth Management, LLC
- **CENTRAL INDEX KEY:** 0001639375
- **IRS NUMBER:** 260347983
- **STATE OF INCORPORATION:** TX
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-22201
- **FILM NUMBER:** 23575131

**BUSINESS ADDRESS:**
- **STREET 1:** 250 W. NOTTINGHAM, SUITE 300
- **CITY:** SAN ANTONIO
- **STATE:** TX
- **ZIP:** 78209
- **BUSINESS PHONE:** 210-805-0171

**MAIL ADDRESS:**
- **STREET 1:** 250 W. NOTTINGHAM, SUITE 300
- **CITY:** SAN ANTONIO
- **STATE:** TX
- **ZIP:** 78209

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**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:** Sendero Wealth Management LLC<br>**Address:** 250 W. NOTTINGHAM SUITE 300<br>SAN ANTONIO, TX 78209

**Form 13F File Number:** 028-22201

**CRD Number (if applicable):** 000145594

**SEC File Number (if applicable):** 801-68572

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:** Kristina Craig<br>**Title:** CCO/CFO<br>**Phone:** (210) 805-0171

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

Kristina Craig  San Antonio, TX  02-01-2023<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:** 4

**Form 13F Information Table Entry Total:** 127

**Form 13F Information Table Value Total:** $281237222

      (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.]

| No.   | Name              | Form 13F File Number   |
|:---|:---|:---|
|  | DSM               |  |
|  | Eagle Capital     |  |
|  | FMI               |  |
|  | Harris Associates |  |

### 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 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 | BBG001SCXK90 | 2617967 | 9811 | SH |  | OTR | 1 | 9811 | 0 | 0 |
| ADOBE SYSTEMS INCORPORATED | COM | 00724F101 | BBG001S5NCQ5 | 2732960 | 8121 | SH |  | OTR | 1 | 8121 | 0 | 0 |
| AERCAP HOLDINGS NV | SHS | N00985106 | BBG001SNX4Y4 | 464694 | 7968 | SH |  | OTR | 2 | 7968 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 | BBG009S39JY5 | 5069847 | 57456 | SH |  | OTR | 1 | 57456 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 | BBG009S39JY5 | 4507406 | 51087 | SH |  | OTR | 4 | 51087 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 | BBG009S39JY5 | 1428376 | 16098 | SH |  | OTR | 2 | 16098 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 | BBG001S5PQL7 | 1073940 | 12785 | SH |  | OTR | 2 | 12785 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 | BBG001S5PQL7 | 3397800 | 40450 | SH |  | OTR | 1 | 40450 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 | BBG001S5PQL7 | 1115688 | 13282 | SH |  | OTR | 4 | 13282 | 0 | 0 |
| AMERICAN INTL GROUP INC | COM NEW | 026874784 | BBG001S5NJG1 | 1620336 | 25622 | SH |  | OTR | 4 | 25622 | 0 | 0 |
| AON PLC | SHS CL A | G0403H108 | BBG00SSQFPR9 | 659107 | 2196 | SH |  | OTR | 2 | 2196 | 0 | 0 |
| AON PLC | SHS CL A | G0403H108 | BBG00SSQFPR9 | 1373141 | 4575 | SH |  | OTR | 1 | 4575 | 0 | 0 |
| APPLIED INDL TECHNOLOGIES IN | COM | 03820C105 | BBG001S5NK14 | 239457 | 1900 | SH |  | OTR | 3 | 1900 | 0 | 0 |
| ARROW ELECTRS INC | COM | 042735100 | BBG001S5NVP4 | 208199 | 1991 | SH |  | OTR | 3 | 1991 | 0 | 0 |
| ASML HOLDING N V | N Y REGISTRY SHS | N07059210 | BBG001SCG0R3 | 1767058 | 3234 | SH |  | OTR | 1 | 3234 | 0 | 0 |
| ASTRAZENECA PLC | SPONSORED ADR | 046353108 | BBG001SB80N8 | 1704695 | 25143 | SH |  | OTR | 1 | 25143 | 0 | 0 |
| AUTODESK INC | COM | 052769106 | BBG001S5SCD4 | 1479076 | 7915 | SH |  | OTR | 1 | 7915 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 | BBG001S82KF6 | 1566444 | 6558 | SH |  | OTR | 1 | 6558 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 | BBG001S5P0Y0 | 1144362 | 34552 | SH |  | OTR | 4 | 34552 | 0 | 0 |
| BEACON ROOFING SUPPLY INC | COM | 073685109 | BBG001S903Y3 | 273875 | 5188 | SH |  | OTR | 3 | 5188 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | BBG001S90346 | 334539 | 1083 | SH |  | OTR | 4 | 1083 | 0 | 0 |
| BJS WHSL CLUB HLDGS INC | COM | 05550J101 | BBG00FQ8T4M6 | 266625 | 4030 | SH |  | OTR | 3 | 4030 | 0 | 0 |
| BLACKROCK INC | COM | 09247X101 | BBG001SDBP55 | 1354192 | 1911 | SH |  | OTR | 4 | 1911 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 | BBG001S89N72 | 1690819 | 839 | SH |  | OTR | 4 | 839 | 0 | 0 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 | BBG001S63L94 | 2723313 | 58857 | SH |  | OTR | 1 | 58857 | 0 | 0 |
| BURLINGTON STORES INC | COM | 122017106 | BBG004S641P3 | 1476701 | 7283 | SH |  | OTR | 1 | 7283 | 0 | 0 |
| CAPITAL ONE FINL CORP | COM | 14040H105 | BBG001S65PV8 | 1915627 | 20607 | SH |  | OTR | 4 | 20607 | 0 | 0 |
| CAPITAL ONE FINL CORP | COM | 14040H105 | BBG001S65PV8 | 454388 | 4888 | SH |  | OTR | 2 | 4888 | 0 | 0 |
| CARLISLE COS INC | COM | 142339100 | BBG001S5Q6R4 | 251203 | 1066 | SH |  | OTR | 3 | 1066 | 0 | 0 |
| CBRE GROUP INC | CL A | 12504L109 | BBG001SC2D27 | 2645731 | 34378 | SH |  | OTR | 4 | 34378 | 0 | 0 |
| CHARTER COMMUNICATIONS INC N | CL A | 16119P108 | BBG001T3TDG2 | 1328933 | 3919 | SH |  | OTR | 4 | 3919 | 0 | 0 |
| CHARTER COMMUNICATIONS INC N | CL A | 16119P108 | BBG001T3TDG2 | 174976 | 516 | SH |  | OTR | 2 | 516 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 | BBG001S72ZG4 | 167668 | 3707 | SH |  | OTR | 4 | 3707 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 | BBG001S72ZG4 | 790394 | 17475 | SH |  | OTR | 2 | 17475 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 | BBG001S5PXL2 | 415093 | 11870 | SH |  | OTR | 4 | 11870 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 | BBG001S5PXL2 | 783678 | 22410 | SH |  | OTR | 2 | 22410 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 | BBG001S5TZM2 | 282492 | 2394 | SH |  | OTR | 2 | 2394 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 | BBG001S5TZM2 | 478372 | 4054 | SH |  | OTR | 4 | 4054 | 0 | 0 |
| DISH NETWORK CORPORATION | CL A | 25470M109 | BBG001S7TPQ6 | 200730 | 14297 | SH |  | OTR | 2 | 14297 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 | BBG001S5QHF3 | 17376 | 200 | SH |  | OTR | 4 | 200 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 | BBG001S5QHF3 | 251604 | 2896 | SH |  | OTR | 2 | 2896 | 0 | 0 |
| DONALDSON INC | COM | 257651109 | BBG001S5QDV4 | 323196 | 5490 | SH |  | OTR | 3 | 5490 | 0 | 0 |
| ELEVANCE HEALTH INC | COM | 036752103 | BBG001S6KBQ8 | 387805 | 756 | SH |  | OTR | 2 | 756 | 0 | 0 |
| ENTEGRIS INC | COM | 29362U104 | BBG001SF9YL6 | 620285 | 9457 | SH |  | OTR | 1 | 9457 | 0 | 0 |
| EOG RES INC | COM | 26875P101 | BBG001S5ZB93 | 938632 | 7247 | SH |  | OTR | 4 | 7247 | 0 | 0 |
| EPAM SYS INC | COM | 29414B104 | BBG001SKDJH8 | 2755310 | 8407 | SH |  | OTR | 1 | 8407 | 0 | 0 |
| FIRSTCASH HOLDINGS INC | COM | 33768G107 | BBG0145KL756 | 295755 | 3403 | SH |  | OTR | 3 | 3403 | 0 | 0 |
| FISERV INC | COM | 337738108 | BBG001S5R6Q4 | 1676448 | 16587 | SH |  | OTR | 1 | 16587 | 0 | 0 |
| FISERV INC | COM | 337738108 | BBG001S5R6Q4 | 2139854 | 21172 | SH |  | OTR | 4 | 21172 | 0 | 0 |
| FIVE BELOW INC | COM | 33829M101 | BBG001TCDMY9 | 272557 | 1541 | SH |  | OTR | 3 | 1541 | 0 | 0 |
| FLEETCOR TECHNOLOGIES INC | COM | 339041105 | BBG001SHC7K8 | 1828534 | 9955 | SH |  | OTR | 1 | 9955 | 0 | 0 |
| GATES INDL CORP PLC | ORD SHS | G39108108 | BBG00JM9V7T3 | 143047 | 12537 | SH |  | OTR | 3 | 12537 | 0 | 0 |
| GENERAL ELECTRIC CO | COM NEW | 369604301 | BBG001S5PVD5 | 936521 | 11177 | SH |  | OTR | 2 | 11177 | 0 | 0 |
| GENERAL MTRS CO | COM | 37045V100 | BBG001SM1DK6 | 457706 | 13606 | SH |  | OTR | 4 | 13606 | 0 | 0 |
| GENPACT LIMITED | SHS | G3922B107 | BBG001SJT2Y2 | 407848 | 8805 | SH |  | OTR | 3 | 8805 | 0 | 0 |
| GLOBAL X FDS | S 500 CATHOLIC | 37954Y889 | BBG00CP9KWK1 | 1074845 | 23105 | SH |  | SOLE |  | 0 | 0 | 23105 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 | BBG001SC07Z6 | 1043532 | 3039 | SH |  | OTR | 2 | 3039 | 0 | 0 |
| HCA HEALTHCARE INC | COM | 40412C101 | BBG001T8NTY2 | 2210751 | 9213 | SH |  | OTR | 4 | 9213 | 0 | 0 |
| HENRY SCHEIN INC | COM | 806407102 | BBG001S6S7F1 | 441202 | 5524 | SH |  | OTR | 3 | 5524 | 0 | 0 |
| HILTON WORLDWIDE HLDGS INC | COM | 43300A203 | BBG0058KMH49 | 590228 | 4671 | SH |  | OTR | 2 | 4671 | 0 | 0 |
| HILTON WORLDWIDE HLDGS INC | COM | 43300A203 | BBG0058KMH49 | 644436 | 5100 | SH |  | OTR | 4 | 5100 | 0 | 0 |
| HOULIHAN LOKEY INC | CL A | 441593100 | BBG001SFVN99 | 279696 | 3209 | SH |  | OTR | 3 | 3209 | 0 | 0 |
| INSIGHT ENTERPRISES INC | COM | 45765U103 | BBG001S7LHJ0 | 350845 | 3499 | SH |  | OTR | 3 | 3499 | 0 | 0 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 | BBG001SDJ4R0 | 1885707 | 18381 | SH |  | OTR | 4 | 18381 | 0 | 0 |
| INTERPUBLIC GROUP COS INC | COM | 460690100 | BBG001S6RLK5 | 352653 | 10587 | SH |  | OTR | 4 | 10587 | 0 | 0 |
| INTERPUBLIC GROUP COS INC | COM | 460690100 | BBG001S6RLK5 | 392825 | 11793 | SH |  | OTR | 3 | 11793 | 0 | 0 |
| INTUIT | COM | 461202103 | BBG001S6TWR2 | 2744390 | 7051 | SH |  | OTR | 1 | 7051 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 | BBG001S9GN63 | 957277 | 3595 | SH |  | OTR | 4 | 3595 | 0 | 0 |
| ISHARES TR | CORE S SCP ETF | 464287804 | BBG001SFC7W9 | 1156028 | 12215 | SH |  | SOLE |  | 0 | 0 | 12215 |
| ISHARES TR | MSCI EAFE ETF | 464287465 | BBG001SG09V7 | 433158 | 6599 | SH |  | SOLE |  | 0 | 0 | 6599 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 | BBG001S56320 | 1415498 | 6607 | SH |  | SOLE |  | 0 | 0 | 6607 |
| KBR INC | COM | 48242W106 | BBG001SP11V3 | 220968 | 4185 | SH |  | OTR | 3 | 4185 | 0 | 0 |
| KEURIG DR PEPPER INC | COM | 49271V100 | BBG001ST5W34 | 703714 | 19734 | SH |  | OTR | 1 | 19734 | 0 | 0 |
| KEURIG DR PEPPER INC | COM | 49271V100 | BBG001ST5W34 | 167602 | 4700 | SH |  | OTR | 4 | 4700 | 0 | 0 |
| KKR  CO INC | COM | 48251W104 | BBG001S6PW05 | 1283142 | 27642 | SH |  | OTR | 4 | 27642 | 0 | 0 |
| LAMB WESTON HLDGS INC | COM | 513272104 | BBG003CVMLR1 | 360121 | 4030 | SH |  | OTR | 4 | 4030 | 0 | 0 |
| LEAR CORP | COM NEW | 521865204 | BBG001T60092 | 897161 | 7234 | SH |  | OTR | 4 | 7234 | 0 | 0 |
| LIBERTY BROADBAND CORP | COM SER C | 530307305 | BBG006GNSZX4 | 841639 | 11035 | SH |  | OTR | 4 | 11035 | 0 | 0 |
| LIBERTY BROADBAND CORP | COM SER C | 530307305 | BBG006GNSZX4 | 649134 | 8511 | SH |  | OTR | 2 | 8511 | 0 | 0 |
| LINDE PLC | SHS | G5494J103 | BBG00GVR8YR8 | 1477595 | 4530 | SH |  | OTR | 1 | 4530 | 0 | 0 |
| MANPOWERGROUP INC WIS | COM | 56418H100 | BBG001S5SYW5 | 1070580 | 12866 | SH |  | OTR | 4 | 12866 | 0 | 0 |
| MANPOWERGROUP INC WIS | COM | 56418H100 | BBG001S5SYW5 | 110669 | 1330 | SH |  | OTR | 3 | 1330 | 0 | 0 |
| MARRIOTT INTL INC NEW | CL A | 571903202 | BBG001S78K44 | 597644 | 4014 | SH |  | OTR | 2 | 4014 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 | BBG001SKNNS6 | 1290078 | 3710 | SH |  | OTR | 1 | 3710 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 | BBG001SQCQC5 | 1002553 | 8331 | SH |  | OTR | 2 | 8331 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 | BBG001S5TD05 | 1767713 | 7371 | SH |  | OTR | 2 | 7371 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 | BBG001S5TD05 | 6993391 | 29161 | SH |  | OTR | 1 | 29161 | 0 | 0 |
| MONSTER BEVERAGE CORP NEW | COM | 61174X109 | BBG008NVB1F7 | 1914551 | 18857 | SH |  | OTR | 1 | 18857 | 0 | 0 |
| MOODYS CORP | COM | 615369105 | BBG001S5VP87 | 877096 | 3148 | SH |  | OTR | 4 | 3148 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 | BBG001S9V5Z3 | 642241 | 7554 | SH |  | OTR | 2 | 7554 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 | BBG001SF6L46 | 1209598 | 4102 | SH |  | OTR | 4 | 4102 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 | BBG001SF6L46 | 1359692 | 4611 | SH |  | OTR | 2 | 4611 | 0 | 0 |
| NEUROCRINE BIOSCIENCES INC | COM | 64125C109 | BBG001S8W4X9 | 1775595 | 14866 | SH |  | OTR | 1 | 14866 | 0 | 0 |
| NVENT ELECTRIC PLC | SHS | G6700G107 | BBG00GNT7B03 | 314377 | 8172 | SH |  | OTR | 3 | 8172 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 | BBG001S5TZJ6 | 1273464 | 8714 | SH |  | OTR | 1 | 8714 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 | BBG001S5SJG6 | 2532306 | 30980 | SH |  | OTR | 4 | 30980 | 0 | 0 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 | BBG001S78TL6 | 982451 | 1164 | SH |  | OTR | 1 | 1164 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 | BBG0077VNXW5 | 2048857 | 28768 | SH |  | OTR | 1 | 28768 | 0 | 0 |
| PLEXUS CORP | COM | 729132100 | BBG001S5V812 | 342757 | 3330 | SH |  | OTR | 3 | 3330 | 0 | 0 |
| PRIMERICA INC | COM | 74164M108 | BBG001T5ZSQ6 | 278534 | 1964 | SH |  | OTR | 3 | 1964 | 0 | 0 |
| ROBERT HALF INTL INC | COM | 770323103 | BBG001S5VP41 | 293843 | 3980 | SH |  | OTR | 3 | 3980 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 | BBG001SDLP09 | 1590284 | 11994 | SH |  | OTR | 4 | 11994 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 | BBG001S5VXD4 | 2085746 | 25051 | SH |  | OTR | 4 | 25051 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 | BBG001S5VXD4 | 2569986 | 30867 | SH |  | OTR | 1 | 30867 | 0 | 0 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 | BBG0025RWLM4 | 4480070 | 59307 | SH |  | SOLE |  | 0 | 0 | 59307 |
| SHELL PLC | SPON ADS | 780259305 | BBG0147BN6H1 | 883238 | 15509 | SH |  | OTR | 2 | 15509 | 0 | 0 |
| SIMPSON MFG INC | COM | 829073105 | BBG001SB9QN0 | 230250 | 2597 | SH |  | OTR | 3 | 2597 | 0 | 0 |
| SKECHERS U S A INC | CL A | 830566105 | BBG001S5XTG8 | 350576 | 8357 | SH |  | OTR | 3 | 8357 | 0 | 0 |
| SOLAREDGE TECHNOLOGIES INC | COM | 83417M104 | BBG0084BC0P2 | 1584612 | 5594 | SH |  | OTR | 1 | 5594 | 0 | 0 |
| SPDR INDEX SHS FDS | GLB NAT RESRCE | 78463X541 | BBG001TC9HP5 | 20973781 | 367832 | SH |  | SOLE |  | 0 | 0 | 367832 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 | BBG001S72SM3 | 759506 | 1986 | SH |  | SOLE |  | 0 | 0 | 1986 |
| TRIMAS CORP | COM NEW | 896215209 | BBG001SKRBD4 | 245222 | 8840 | SH |  | OTR | 3 | 8840 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 | BBG001S6WCJ1 | 988786 | 1865 | SH |  | OTR | 2 | 1865 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 | BBG001S6WCJ1 | 1981813 | 3738 | SH |  | OTR | 1 | 3738 | 0 | 0 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 | BBG001SHTB03 | 114613343 | 599474 | SH |  | SOLE |  | 0 | 0 | 599474 |
| VISA INC | COM CL A | 92826C839 | BBG001SRCFY3 | 196956 | 948 | SH |  | OTR | 4 | 948 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 | BBG001SRCFY3 | 296474 | 1427 | SH |  | OTR | 2 | 1427 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 | BBG001SRCFY3 | 3461282 | 16660 | SH |  | OTR | 1 | 16660 | 0 | 0 |
| WARNER BROS DISCOVERY INC | COM SER A | 934423104 | BBG011386VG3 | 115419 | 12175 | SH |  | OTR | 4 | 12175 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 | BBG001S5XF23 | 904334 | 21902 | SH |  | OTR | 2 | 21902 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 | BBG001S5XF23 | 672408 | 16285 | SH |  | OTR | 4 | 16285 | 0 | 0 |
| WENDYS CO | COM | 95058W100 | BBG001S7HBX2 | 1818434 | 80355 | SH |  | OTR | 4 | 80355 | 0 | 0 |
| WILLIS TOWERS WATSON PLC LTD | SHS | G96629103 | BBG001SHY2Q9 | 2224700 | 9096 | SH |  | OTR | 4 | 9096 | 0 | 0 |
| WOODWARD INC | COM | 980745103 | BBG001S6YZC5 | 349535 | 3618 | SH |  | OTR | 2 | 3618 | 0 | 0 |
| WOODWARD INC | COM | 980745103 | BBG001S6YZC5 | 84727 | 877 | SH |  | OTR | 3 | 877 | 0 | 0 |
| WORKDAY INC | CL A | 98138H101 | BBG001T21KQ7 | 665136 | 3975 | SH |  | OTR | 4 | 3975 | 0 | 0 |
| ZIONS BANCORPORATION N A | COM | 989701107 | BBG001S5XN80 | 226087 | 4599 | SH |  | OTR | 3 | 4599 | 0 | 0 |

---