# EDGAR Filing Document

**Accession Number:** 0001926596
**File Stem:** 0001951757-23-000088
**Filing Date:** 2023-1
**Character Count:** 19574
**Document Hash:** ac093bc64b3a1d82dc7e285d5c7dcb0a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001951757-23-000088.hdr.sgml**: 20230131

**ACCESSION NUMBER**: 0001951757-23-000088

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230131

**DATE AS OF CHANGE**: 20230131

**EFFECTIVENESS DATE**: 20230131

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Empirical Asset Management, LLC
- **CENTRAL INDEX KEY:** 0001926596
- **IRS NUMBER:** 273376835
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-22459
- **FILM NUMBER:** 23570640

**BUSINESS ADDRESS:**
- **STREET 1:** 77 CENTRAL STREET
- **STREET 2:** 2ND FLOOR
- **CITY:** WELLESLEY
- **STATE:** MA
- **ZIP:** 02482
- **BUSINESS PHONE:** (781) 431-2220

**MAIL ADDRESS:**
- **STREET 1:** 77 CENTRAL STREET
- **STREET 2:** 2ND FLOOR
- **CITY:** WELLESLEY
- **STATE:** MA
- **ZIP:** 02482

### 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:** Empirical Asset Management LLC<br>**Address:** 77 CENTRAL STREET<br>2ND FLOOR<br>WELLESLEY, MA 02482

**Form 13F File Number:** 028-22459

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:** MARK H. FISKIO<br>**Title:** Chief Compliance Officer<br>**Phone:** 781-431-2220

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

MARK H. FISKIO  WELLESLEY, MA  01-31-2023<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:** 0

**Form 13F Information Table Entry Total:** 161

**Form 13F Information Table Value Total:** $94985834

      (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 |
| AGF INVTS TR | AGFIQ US MK ANTI | 00110G408 |  | 1069663 | 50432 | SH |  | SOLE |  | 50432 | 0 | 0 |
| ALPS ETF TR | OSHARES US SMLCP | 00162Q395 |  | 978270 | 29141 | SH |  | SOLE |  | 29141 | 0 | 0 |
| ABBOTT LABS | COM | 002824100 |  | 749145 | 7460 | SH |  | SOLE |  | 7460 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 381201 | 2695 | SH |  | SOLE |  | 2695 | 0 | 0 |
| ABRDN GOLD ETF TRUST | PHYSCL GOLD SHS | 00326A104 |  | 3997084 | 228797 | SH |  | SOLE |  | 228797 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 241586 | 5875 | SH |  | SOLE |  | 5875 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 256247 | 9599 | SH |  | SOLE |  | 9599 | 0 | 0 |
| AMPHENOL CORP NEW | CL A | 032095101 |  | 323367 | 4247 | SH |  | SOLE |  | 4247 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 1222341 | 79720 | SH |  | SOLE |  | 79720 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 972971 | 4338 | SH |  | SOLE |  | 4338 | 0 | 0 |
| AUTOZONE INC | COM | 053332102 |  | 303340 | 123 | SH |  | SOLE |  | 123 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 222348 | 8352 | SH |  | SOLE |  | 8352 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 |  | 468711 | 1 | SH |  | SOLE |  | 1 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 263925 | 1254 | SH |  | SOLE |  | 1254 | 0 | 0 |
| BIOGEN INC | COM | 09062X103 |  | 776748 | 2851 | SH |  | SOLE |  | 2851 | 0 | 0 |
| CECO ENVIRONMENTAL CORP | COM | 125141101 |  | 249321 | 21346 | SH |  | SOLE |  | 21346 | 0 | 0 |
| CF INDS HLDGS INC | COM | 125269100 |  | 257747 | 3025 | SH |  | SOLE |  | 3025 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 386748 | 11043 | SH |  | SOLE |  | 11043 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 336883 | 1648 | SH |  | SOLE |  | 1648 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 238157 | 9788 | SH |  | SOLE |  | 9788 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 1433384 | 32737 | SH |  | SOLE |  | 32737 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 540511 | 11993 | SH |  | SOLE |  | 11993 | 0 | 0 |
| COLUMBIA ETF TR I | RESH ENHNC COR | 19761L706 |  | 523606 | 23044 | SH |  | SOLE |  | 23044 | 0 | 0 |
| CONAGRA BRANDS INC | COM | 205887102 |  | 526505 | 13605 | SH |  | SOLE |  | 13605 | 0 | 0 |
| CRESTWOOD EQUITY PARTNERS LP | UNIT LTD PARTNER | 226344208 |  | 526913 | 20119 | SH |  | SOLE |  | 20119 | 0 | 0 |
| DBX ETF TR | XTRACK MSCI EMRG | 233051101 |  | 1564844 | 73055 | SH |  | SOLE |  | 73055 | 0 | 0 |
| DBX ETF TR | XTRACK MSCI EAFE | 233051200 |  | 708293 | 21976 | SH |  | SOLE |  | 21976 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 |  | 249943 | 942 | SH |  | SOLE |  | 942 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 517196 | 1206 | SH |  | SOLE |  | 1206 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 409055 | 7052 | SH |  | SOLE |  | 7052 | 0 | 0 |
| EOG RES INC | COM | 26875P101 |  | 557512 | 4304 | SH |  | SOLE |  | 4304 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 |  | 655349 | 6920 | SH |  | SOLE |  | 6920 | 0 | 0 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 366891 | 16756 | SH |  | SOLE |  | 16756 | 0 | 0 |
| EVERSOURCE ENERGY | COM | 30040W108 |  | 503547 | 6506 | SH |  | SOLE |  | 6506 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 891252 | 21814 | SH |  | SOLE |  | 21814 | 0 | 0 |
| FIDELITY COVINGTON TRUST | FIDELITY US MLTF | 316092378 |  | 545069 | 22835 | SH |  | SOLE |  | 22835 | 0 | 0 |
| FIDELITY COVINGTON TRUST | LOW VOLITY ETF | 316092824 |  | 1001239 | 21681 | SH |  | SOLE |  | 21681 | 0 | 0 |
| FIRST TR EXCHANGE TRADED FD | MATERIALS ALPH | 33734X168 |  | 307858 | 5081 | SH |  | SOLE |  | 5081 | 0 | 0 |
| FIRST TR LRG CP VL ALPHADEX | COM SHS | 33735J101 |  | 282275 | 4289 | SH |  | SOLE |  | 4289 | 0 | 0 |
| FIRST TRUST LRGCP GWT ALPHAD | COM SHS | 33735K108 |  | 207989 | 2275 | SH |  | SOLE |  | 2275 | 0 | 0 |
| FIRST TR EXCH TRD ALPHDX FD | EMERG MKT ALPH | 33737J182 |  | 548787 | 26095 | SH |  | SOLE |  | 26095 | 0 | 0 |
| FIRST TR EXCH TRD ALPHDX FD | EM SML CP ALPH | 33737J307 |  | 532813 | 13683 | SH |  | SOLE |  | 13683 | 0 | 0 |
| FLEXSHARES TR | IBOXX 3R TARGT | 33939L506 |  | 1384376 | 58860 | SH |  | SOLE |  | 58860 | 0 | 0 |
| FRANCO NEV CORP | COM | 351858105 |  | 204720 | 1500 | SH |  | SOLE |  | 1500 | 0 | 0 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 252298 | 1202 | SH |  | SOLE |  | 1202 | 0 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 1167114 | 13595 | SH |  | SOLE |  | 13595 | 0 | 0 |
| GOLDMAN SACHS ETF TR | ACTIVEBETA EME | 381430206 |  | 433683 | 15319 | SH |  | SOLE |  | 15319 | 0 | 0 |
| GOLDMAN SACHS ETF TR | ACTIVEBETA US LG | 381430503 |  | 921478 | 12104 | SH |  | SOLE |  | 12104 | 0 | 0 |
| GRANITESHARES ETF TR | BBG COMMD K 1 | 38747R108 |  | 455243 | 20242 | SH |  | SOLE |  | 20242 | 0 | 0 |
| HASBRO INC | COM | 418056107 |  | 338559 | 5549 | SH |  | SOLE |  | 5549 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 953266 | 14085 | SH |  | SOLE |  | 14085 | 0 | 0 |
| INCYTE CORP | COM | 45337C102 |  | 523606 | 6519 | SH |  | SOLE |  | 6519 | 0 | 0 |
| INDEXIQ ETF TR | HEDGE MLTI ETF | 45409B107 |  | 1205595 | 42361 | SH |  | SOLE |  | 42361 | 0 | 0 |
| INDEXIQ ETF TR | IQ GLB RES ETF | 45409B883 |  | 768650 | 22515 | SH |  | SOLE |  | 22515 | 0 | 0 |
| INTERNATIONAL PAPER CO | COM | 460146103 |  | 706096 | 20615 | SH |  | SOLE |  | 20615 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | ZACKS MID CAP | 46137Y401 |  | 1320588 | 14856 | SH |  | SOLE |  | 14856 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | FTSE RAFI DEV | 46138E743 |  | 216530 | 5213 | SH |  | SOLE |  | 5213 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 |  | 250177 | 651 | SH |  | SOLE |  | 651 | 0 | 0 |
| ISHARES TR | IBOXX INV CP ETF | 464287242 |  | 257768 | 2877 | SH |  | SOLE |  | 2877 | 0 | 0 |
| ISHARES TR | 20 YR TR BD ETF | 464287432 |  | 298688 | 3000 | SH |  | SOLE |  | 3000 | 0 | 0 |
| ISHARES TR | 1 3 YR TREAS BD | 464287457 |  | 3553747 | 43782 | SH |  | SOLE |  | 43782 | 0 | 0 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 563426 | 8584 | SH |  | SOLE |  | 8584 | 0 | 0 |
| ISHARES TR | CORE S US GWT | 464287671 |  | 473938 | 5814 | SH |  | SOLE |  | 5814 | 0 | 0 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 200658 | 2212 | SH |  | SOLE |  | 2212 | 0 | 0 |
| ISHARES TR | MRGSTR MD CP ETF | 464288208 |  | 768262 | 13095 | SH |  | SOLE |  | 13095 | 0 | 0 |
| ISHARES SILVER TR | ISHARES | 46428Q109 |  | 873115 | 39651 | SH |  | SOLE |  | 39651 | 0 | 0 |
| ISHARES S GSCI COMMODITY- | UNIT BEN INT | 46428R107 |  | 482282 | 22717 | SH |  | SOLE |  | 22717 | 0 | 0 |
| ISHARES TR | US TREAS BD ETF | 46429B267 |  | 596522 | 26255 | SH |  | SOLE |  | 26255 | 0 | 0 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 |  | 442126 | 7173 | SH |  | SOLE |  | 7173 | 0 | 0 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 |  | 455589 | 9756 | SH |  | SOLE |  | 9756 | 0 | 0 |
| ISHARES TR | HDG MSCI EAFE | 46434V803 |  | 357482 | 13240 | SH |  | SOLE |  | 13240 | 0 | 0 |
| ISHARES TR | MSCI USA SMCP MN | 46435G433 |  | 653609 | 18890 | SH |  | SOLE |  | 18890 | 0 | 0 |
| J P MORGAN EXCHANGE TRADED F | DIVERSFED RTRN | 46641Q886 |  | 459059 | 5454 | SH |  | SOLE |  | 5454 | 0 | 0 |
| JOHN HANCOCK EXCHANGE TRADED | MULTIFACTOR MI | 47804J206 |  | 785546 | 16879 | SH |  | SOLE |  | 16879 | 0 | 0 |
| JOHN HANCOCK EXCHANGE TRADED | MULTIFACTR SML | 47804J842 |  | 624227 | 20406 | SH |  | SOLE |  | 20406 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 499776 | 3793 | SH |  | SOLE |  | 3793 | 0 | 0 |
| JUNIPER NETWORKS INC | COM | 48203R104 |  | 268289 | 8395 | SH |  | SOLE |  | 8395 | 0 | 0 |
| KEYSIGHT TECHNOLOGIES INC | COM | 49338L103 |  | 429742 | 2592 | SH |  | SOLE |  | 2592 | 0 | 0 |
| LATTICE STRATEGIES TR | HARTFORD MLT ETF | 518416102 |  | 1033622 | 41695 | SH |  | SOLE |  | 41695 | 0 | 0 |
| LOWES COS INC | COM | 548661107 |  | 645176 | 3238 | SH |  | SOLE |  | 3238 | 0 | 0 |
| MARATHON PETE CORP | COM | 56585A102 |  | 551299 | 4737 | SH |  | SOLE |  | 4737 | 0 | 0 |
| MCCORMICK  CO INC | COM NON VTG | 579780206 |  | 442201 | 5335 | SH |  | SOLE |  | 5335 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 504978 | 6626 | SH |  | SOLE |  | 6626 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 1169790 | 10301 | SH |  | SOLE |  | 10301 | 0 | 0 |
| MOODYS CORP | COM | 615369105 |  | 536296 | 1925 | SH |  | SOLE |  | 1925 | 0 | 0 |
| NEW JERSEY RES CORP | COM | 646025106 |  | 489310 | 9861 | SH |  | SOLE |  | 9861 | 0 | 0 |
| ORGANON  CO | COMMON STOCK | 68622V106 |  | 437183 | 15670 | SH |  | SOLE |  | 15670 | 0 | 0 |
| PACKAGING CORP AMER | COM | 695156109 |  | 411103 | 3214 | SH |  | SOLE |  | 3214 | 0 | 0 |
| PAYCHEX INC | COM | 704326107 |  | 532830 | 6559 | SH |  | SOLE |  | 6559 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 647769 | 4032 | SH |  | SOLE |  | 4032 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 258728 | 6950 | SH |  | SOLE |  | 6950 | 0 | 0 |
| PIMCO ETF TR | BROAD US TIPS | 72201R403 |  | 1333509 | 24672 | SH |  | SOLE |  | 24672 | 0 | 0 |
| PIMCO ETF TR | ENHAN SHRT MA AC | 72201R833 |  | 251855 | 2553 | SH |  | SOLE |  | 2553 | 0 | 0 |
| PIMCO EQUITY SER | RAFI DYN MULTI | 72202L371 |  | 761741 | 29709 | SH |  | SOLE |  | 29709 | 0 | 0 |
| PRINCIPAL EXCHANGE TRADED FD | US SMCP MLTFCTR | 74255Y607 |  | 303094 | 7753 | SH |  | SOLE |  | 7753 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 512947 | 17170 | SH |  | SOLE |  | 17170 | 0 | 0 |
| PROSHARES TR | INVT INT RT HG | 74347B607 |  | 611033 | 8593 | SH |  | SOLE |  | 8593 | 0 | 0 |
| PROSHARES TR | HGH YLD INT RATE | 74348A541 |  | 772526 | 13229 | SH |  | SOLE |  | 13229 | 0 | 0 |
| PUBLIC STORAGE | COM | 74460D109 |  | 315091 | 1125 | SH |  | SOLE |  | 1125 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 342908 | 8197 | SH |  | SOLE |  | 8197 | 0 | 0 |
| QUEST DIAGNOSTICS INC | COM | 74834L100 |  | 1096876 | 7011 | SH |  | SOLE |  | 7011 | 0 | 0 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 |  | 499993 | 693 | SH |  | SOLE |  | 693 | 0 | 0 |
| ROBERT HALF INTL INC | COM | 770323103 |  | 328508 | 4599 | SH |  | SOLE |  | 4599 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 486237 | 1508 | SH |  | SOLE |  | 1508 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 2090651 | 5497 | SH |  | SOLE |  | 5497 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 910469 | 5413 | SH |  | SOLE |  | 5413 | 0 | 0 |
| SPDR INDEX SHS FDS | MSCI EAFE STRTGC | 78463X434 |  | 894975 | 13962 | SH |  | SOLE |  | 13962 | 0 | 0 |
| SPDR SER TR | FTSE INT GVT ETF | 78464A490 |  | 652989 | 15849 | SH |  | SOLE |  | 15849 | 0 | 0 |
| SPDR SER TR | BLOOMBERG INTL T | 78464A516 |  | 882345 | 39338 | SH |  | SOLE |  | 39338 | 0 | 0 |
| SPDR SER TR | PORTFLI INTRMDIT | 78464A672 |  | 278983 | 9879 | SH |  | SOLE |  | 9879 | 0 | 0 |
| SPDR SER TR | PORTFOLIO S | 78464A854 |  | 216264 | 4808 | SH |  | SOLE |  | 4808 | 0 | 0 |
| SPDR SER TR | SSGA US LRG ETF | 78468R804 |  | 1032415 | 7612 | SH |  | SOLE |  | 7612 | 0 | 0 |
| SSGA ACTIVE TR | SPDR SSGA FXD | 78470P507 |  | 376733 | 14714 | SH |  | SOLE |  | 14714 | 0 | 0 |
| SCHWAB STRATEGIC TR | US LRG CAP ETF | 808524201 |  | 205694 | 4556 | SH |  | SOLE |  | 4556 | 0 | 0 |
| SCHWAB STRATEGIC TR | EMRG MKTEQ ETF | 808524706 |  | 309350 | 13069 | SH |  | SOLE |  | 13069 | 0 | 0 |
| SCHWAB STRATEGIC TR | US AGGREGATE B | 808524839 |  | 418055 | 9158 | SH |  | SOLE |  | 9158 | 0 | 0 |
| SCHWAB STRATEGIC TR | INT-TRM U.S TRES | 808524854 |  | 1692029 | 34370 | SH |  | SOLE |  | 34370 | 0 | 0 |
| SCHWAB STRATEGIC TR | SHT TM US TRES | 808524862 |  | 275853 | 5718 | SH |  | SOLE |  | 5718 | 0 | 0 |
| SELECT SECTOR SPDR TR | RL EST SEL SEC | 81369Y860 |  | 821780 | 24524 | SH |  | SOLE |  | 24524 | 0 | 0 |
| STARBOARD INVT TR | ADAPTIVE ALPHA | 85521B742 |  | 898410 | 43839 | SH |  | SOLE |  | 43839 | 0 | 0 |
| STARBOARD INVT TR | RH TACTICAL OUTL | 85521B759 |  | 572017 | 44671 | SH |  | SOLE |  | 44671 | 0 | 0 |
| STATE STR CORP | COM | 857477103 |  | 321647 | 4210 | SH |  | SOLE |  | 4210 | 0 | 0 |
| STEEL DYNAMICS INC | COM | 858119100 |  | 284854 | 2916 | SH |  | SOLE |  | 2916 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 |  | 321393 | 1315 | SH |  | SOLE |  | 1315 | 0 | 0 |
| SYSCO CORP | COM | 871829107 |  | 415334 | 6032 | SH |  | SOLE |  | 6032 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 463024 | 3302 | SH |  | SOLE |  | 3302 | 0 | 0 |
| TEXAS PACIFIC LAND CORPORATI | COM | 88262P102 |  | 1912475 | 816 | SH |  | SOLE |  | 816 | 0 | 0 |
| TORONTO DOMINION BK ONT | COM NEW | 891160509 |  | 240109 | 3708 | SH |  | SOLE |  | 3708 | 0 | 0 |
| TRAVELERS COMPANIES INC | COM | 89417E109 |  | 638483 | 3567 | SH |  | SOLE |  | 3567 | 0 | 0 |
| TYSON FOODS INC | CL A | 902494103 |  | 353794 | 5683 | SH |  | SOLE |  | 5683 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | LONG TERM TREAS | 92206C847 |  | 538629 | 8741 | SH |  | SOLE |  | 8741 | 0 | 0 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 250920 | 779 | SH |  | SOLE |  | 779 | 0 | 0 |
| VICTORY PORTFOLIOS II | VICTORYSHS EMERG | 92647N543 |  | 552621 | 13854 | SH |  | SOLE |  | 13854 | 0 | 0 |
| VICTORY PORTFOLIOS II | VCSHS US SML CAP | 92647N832 |  | 305677 | 5270 | SH |  | SOLE |  | 5270 | 0 | 0 |
| VICTORY PORTFOLIOS II | VCSHS US LRG CAP | 92647N865 |  | 517690 | 8791 | SH |  | SOLE |  | 8791 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 820920 | 9460 | SH |  | SOLE |  | 9460 | 0 | 0 |
| WEYERHAEUSER CO MTN BE | COM NEW | 962166104 |  | 344857 | 12046 | SH |  | SOLE |  | 12046 | 0 | 0 |
| WISDOMTREE TR | FUTRE STRAT FD | 97717W125 |  | 1801953 | 57141 | SH |  | SOLE |  | 57141 | 0 | 0 |
| WISDOMTREE TR | HEDGED HI YLD BD | 97717W430 |  | 2362018 | 114273 | SH |  | SOLE |  | 114273 | 0 | 0 |
| WISDOMTREE TR | INTL QULTY DIV | 97717X131 |  | 566797 | 18517 | SH |  | SOLE |  | 18517 | 0 | 0 |
| WISDOMTREE TR | ITL HDG QTLY DIV | 97717X594 |  | 590134 | 16563 | SH |  | SOLE |  | 16563 | 0 | 0 |
| WISDOMTREE TR | ENHNCD CMMDTY ST | 97717Y683 |  | 556040 | 30518 | SH |  | SOLE |  | 30518 | 0 | 0 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 208834 | 823 | SH |  | SOLE |  | 823 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 493420 | 6349 | SH |  | SOLE |  | 6349 | 0 | 0 |
| MERSANA THERAPEUTICS INC | COM | 59045L106 |  | 58600 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| STARBOARD INVT TR | RH HEDGED MULTI | 85521B783 |  | 77947 | 10182 | SH |  | SOLE |  | 10182 | 0 | 0 |
| ISHARES TR | U.S. ENERGY ETF | 464287796 |  | 476 | 10236 | SH |  | SOLE |  | 10236 | 0 | 0 |
| MARKFORGED HOLDING CORPORATI | COM | 57064N102 |  | 12180 | 10500 | SH |  | SOLE |  | 10500 | 0 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 130106 | 10735 | SH |  | SOLE |  | 10735 | 0 | 0 |
| SPDR SER TR | S BIOTECH | 78464A870 |  | 903 | 10883 | SH |  | SOLE |  | 10883 | 0 | 0 |
| CANDEL THERAPEUTICS INC | COM | 137404109 |  | 21480 | 12000 | SH |  | SOLE |  | 12000 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | S 500 REVENUE | 46138G698 |  | 1031 | 13940 | SH |  | SOLE |  | 13940 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 93853 | 15486 | SH |  | SOLE |  | 15486 | 0 | 0 |
| ISHARES TR | ISHARES BIOTECH | 464287556 |  | 2052 | 15629 | SH |  | SOLE |  | 15629 | 0 | 0 |
| STMICROELECTRONICS N V | NY REGISTRY | 861012102 |  | 653 | 18370 | SH |  | SOLE |  | 18370 | 0 | 0 |
| HARVARD BIOSCIENCE INC | COM | 416906105 |  | 55400 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| LYONDELLBASELL INDUSTRIES N | SHS - A - | N53745100 |  | 360900 | 4475 | SH |  | SOLE |  | 4475 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 109257 | 20427 | SH |  | SOLE |  | 20427 | 0 | 0 |
| BARINGS BDC INC | COM | 06759L103 |  | 146925 | 29662 | SH |  | SOLE |  | 29662 | 0 | 0 |
| ISHARES TR | U.S. TECH ETF | 464287721 |  | 2689 | 36100 | SH |  | SOLE |  | 36100 | 0 | 0 |
| SUNOCO LP/SUNOCO FIN CORP | COM UT REP LP | 86765K109 |  | 1680 | 38980 | SH |  | SOLE |  | 38980 | 0 | 0 |

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