# EDGAR Filing Document

**Accession Number:** 0002045735
**File Stem:** 0002085853-25-000210
**Filing Date:** 2025-10
**Character Count:** 46475
**Document Hash:** 5e5ddb6d68dc157f2d444c236cf158d5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002085853-25-000210.hdr.sgml**: 20251031

**ACCESSION NUMBER**: 0002085853-25-000210

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251031

**DATE AS OF CHANGE**: 20251031

**EFFECTIVENESS DATE**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NWF Advisory Services Inc.
- **CENTRAL INDEX KEY:** 0002045735

**ORGANIZATION NAME:**
- **EIN:** 953937820
- **STATE OF INCORPORATION:** CA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-25587
- **FILM NUMBER:** 251440837

**BUSINESS ADDRESS:**
- **STREET 1:** 11835 W. OLYMPIC BLVD.
- **STREET 2:** #1155 E.
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90064
- **BUSINESS PHONE:** 310-475-5854

**MAIL ADDRESS:**
- **STREET 1:** 11835 W. OLYMPIC BLVD.
- **STREET 2:** #1155 E.
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90064

### 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:** NWF Advisory Services Inc.<br>**Address:** 11835 W. Olympic Blvd.

#1155 E.<br>Los Angeles, CA 90064

**Form 13F File Number:** 028-25587

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:** Heather Scully<br>**Title:** CCO<br>**Phone:** 310-475-5854

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

/s/ Heather Scully  Los Angeles, CA  10-31-2025<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:** 419

**Form 13F Information Table Value Total:** $911325651

      (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 |  | 1511964 | 11288 | SH |  | SOLE |  | 0 | 0 | 11288 |
| ABBVIE INC | COM | 00287Y109 |  | 3002492 | 12968 | SH |  | SOLE |  | 0 | 0 | 12968 |
| ABRDN ASIA PACIFIC INCOME FU | COM NEW | 003009867 |  | 1580625 | 97030 | SH |  | SOLE |  | 0 | 0 | 97030 |
| ABRDN GLOBAL DYNAMIC DIVIDEN | COM | 00302M106 |  | 448324 | 33658 | SH |  | SOLE |  | 0 | 0 | 33658 |
| ABRDN GLOBAL INFRA INCOME FU | COM SHS BEN INT | 00326W106 |  | 247559 | 11716 | SH |  | SOLE |  | 0 | 0 | 11716 |
| ABRDN GLOBAL PREMIER PPTYS F | COM SH BEN INT | 00302L108 |  | 1747695 | 440225 | SH |  | SOLE |  | 0 | 0 | 440225 |
| ABRDN HEALTHCARE INVESTORS | SH BEN INT | 87911J103 |  | 2565720 | 138988 | SH |  | SOLE |  | 0 | 0 | 138988 |
| ABRDN HEALTHCARE OPPORTUNITI | SHS | 879105104 |  | 215555 | 12467 | SH |  | SOLE |  | 0 | 0 | 12467 |
| ABRDN INCOME CREDIT STRATEGI | COM | 003057106 |  | 647170 | 111581 | SH |  | SOLE |  | 0 | 0 | 111581 |
| ABRDN TOTAL DYNAMIC DIVIDEND | COM SH BEN INT | 00326L100 |  | 763422 | 80700 | SH |  | SOLE |  | 0 | 0 | 80700 |
| ABRDN WORLD HEALTHCARE FUND | BEN INT SHS | 87911L108 |  | 156240 | 12400 | SH |  | SOLE |  | 0 | 0 | 12400 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 1064096 | 6577 | SH |  | SOLE |  | 0 | 0 | 6577 |
| ADVENT CONV  INCOME FD | COM | 00764C109 |  | 920791 | 71993 | SH |  | SOLE |  | 0 | 0 | 71993 |
| AFLAC INC | COM | 001055102 |  | 359339 | 3217 | SH |  | SOLE |  | 0 | 0 | 3217 |
| AIM ETF PRODUCTS TRUST | U S LRGCP 6M JAN | 00888H869 |  | 200041 | 6000 | SH |  | SOLE |  | 0 | 0 | 6000 |
| AIM ETF PRODUCTS TRUST | US LAGCP B20 MAY | 00888H752 |  | 411928 | 12500 | SH |  | SOLE |  | 0 | 0 | 12500 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 20235322 | 113217 | SH |  | SOLE |  | 0 | 0 | 113217 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 212450 | 26 | SH | Call | SOLE |  | 0 | 0 | 0 |
| ALLSPRING GLOBAL DIVIDEND OP | COM | 94987C103 |  | 1159380 | 203400 | SH |  | SOLE |  | 0 | 0 | 203400 |
| ALLSPRING INCOME OPPORTUNIT | INC OPPTY FD | 94987B105 |  | 121273 | 17300 | SH |  | SOLE |  | 0 | 0 | 17300 |
| ALNYLAM PHARMACEUTICALS INC | COM | 02043Q107 |  | 226860 | 498 | SH |  | SOLE |  | 0 | 0 | 498 |
| ALPHA METALLURGICAL RESOUR I | COM | 020764106 |  | 6716724 | 40933 | SH |  | SOLE |  | 0 | 0 | 40933 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 3098804 | 12747 | SH |  | SOLE |  | 0 | 0 | 12747 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 20125749 | 82635 | SH |  | SOLE |  | 0 | 0 | 82635 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 275876 | 4176 | SH |  | SOLE |  | 0 | 0 | 4176 |
| AMAZON COM INC | COM | 023135106 |  | 16781318 | 76428 | SH |  | SOLE |  | 0 | 0 | 76428 |
| AMAZON COM INC | COM | 023135106 |  | 2645 | 5 | SH | Call | SOLE |  | 0 | 0 | 0 |
| AMBEV SA | SPONSORED ADR | 02319V103 |  | 39922 | 17902 | SH |  | SOLE |  | 0 | 0 | 17902 |
| AMERICAN CENTY ETF TR | US SML CP VALU | 025072877 |  | 708179 | 7115 | SH |  | SOLE |  | 0 | 0 | 7115 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 12363656 | 37222 | SH |  | SOLE |  | 0 | 0 | 37222 |
| AMGEN INC | COM | 031162100 |  | 1615513 | 5725 | SH |  | SOLE |  | 0 | 0 | 5725 |
| AMPLIFY ETF TR | HIGH INCOME | 032108847 |  | 7211132 | 610595 | SH |  | SOLE |  | 0 | 0 | 610595 |
| AMPLIFY ETF TR | NAT RES DIVIDEND | 032108730 |  | 379723 | 13280 | SH |  | SOLE |  | 0 | 0 | 13280 |
| ANNALY CAPITAL MANAGEMENT IN | COM NEW | 035710839 |  | 290905 | 14394 | SH |  | SOLE |  | 0 | 0 | 14394 |
| APPLE INC | COM | 037833100 |  | 32904815 | 129225 | SH |  | SOLE |  | 0 | 0 | 129225 |
| APPLIED DIGITAL CORP | COM NEW | 038169207 |  | 285144 | 12430 | SH |  | SOLE |  | 0 | 0 | 12430 |
| ARES CAPITAL CORP | COM | 04010L103 |  | 262169 | 12845 | SH |  | SOLE |  | 0 | 0 | 12845 |
| ARES DYNAMIC CR ALLOCATION F | COM | 04014F102 |  | 480491 | 34150 | SH |  | SOLE |  | 0 | 0 | 34150 |
| ARK ETF TR | NEXT GNRTN INTER | 00214Q401 |  | 360570 | 2065 | SH |  | SOLE |  | 0 | 0 | 2065 |
| ARK ETF TR | INNOVATION ETF | 00214Q104 |  | 210315 | 2437 | SH |  | SOLE |  | 0 | 0 | 2437 |
| ARMADA HOFFLER PPTYS INC | COM | 04208T108 |  | 80762 | 11521 | SH |  | SOLE |  | 0 | 0 | 11521 |
| ASML HOLDING N V | N Y REGISTRY SHS | N07059210 |  | 1417286 | 1464 | SH |  | SOLE |  | 0 | 0 | 1464 |
| ASTRAZENECA PLC | SPONSORED ADR | 046353108 |  | 542489 | 7071 | SH |  | SOLE |  | 0 | 0 | 7071 |
| AT INC | COM | 00206R102 |  | 617573 | 21868 | SH |  | SOLE |  | 0 | 0 | 21868 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 297609 | 1014 | SH |  | SOLE |  | 0 | 0 | 1014 |
| BANK AMERICA CORP | COM | 060505104 |  | 11649287 | 225804 | SH |  | SOLE |  | 0 | 0 | 225804 |
| BARRICK MNG CORP | COM SHS | 06849F108 |  | 311871 | 9517 | SH |  | SOLE |  | 0 | 0 | 9517 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 39537023 | 78644 | SH |  | SOLE |  | 0 | 0 | 78644 |
| BIO RAD LABS INC | CL A | 090572207 |  | 471055 | 1680 | SH |  | SOLE |  | 0 | 0 | 1680 |
| BLACKROCK CORE BD TR | SHS BEN INT | 09249E101 |  | 668465 | 67250 | SH |  | SOLE |  | 0 | 0 | 67250 |
| BLACKROCK ENERGY  RES TR | COM | 09250U101 |  | 148714 | 10959 | SH |  | SOLE |  | 0 | 0 | 10959 |
| BLACKROCK ENHANCED EQUITY DI | COM | 09251A104 |  | 401605 | 44084 | SH |  | SOLE |  | 0 | 0 | 44084 |
| BLACKROCK ENHANCED GLOBAL DI | COM | 092501105 |  | 392536 | 33927 | SH |  | SOLE |  | 0 | 0 | 33927 |
| BLACKROCK ENHANCED INTL DIV | COM BENE INTER | 092524107 |  | 318767 | 55437 | SH |  | SOLE |  | 0 | 0 | 55437 |
| BLACKROCK ETF TRUST II | ISHARES SHORT-TE | 092528884 |  | 271490 | 5358 | SH |  | SOLE |  | 0 | 0 | 5358 |
| BLACKROCK HEALTH SCIENCES TE | COM SHS | 09260E105 |  | 312636 | 21681 | SH |  | SOLE |  | 0 | 0 | 21681 |
| BLACKROCK INC | COM | 09290D101 |  | 547960 | 470 | SH |  | SOLE |  | 0 | 0 | 470 |
| BLACKROCK MUNIHLDNGS CALI QL | COM | 09254L107 |  | 194376 | 17914 | SH |  | SOLE |  | 0 | 0 | 17914 |
| BLACKROCK RES  COMMODITIES | SHS | 09257A108 |  | 117739 | 11577 | SH |  | SOLE |  | 0 | 0 | 11577 |
| BLACKROCK SCIENCE  TECHNOLO | SHS | 09258G104 |  | 3402480 | 82265 | SH |  | SOLE |  | 0 | 0 | 82265 |
| BLACKROCK SCIENCE  TECHNOLO | SHS BEN INT | 09260K101 |  | 626243 | 28260 | SH |  | SOLE |  | 0 | 0 | 28260 |
| BLACKSTONE INC | COM | 09260D107 |  | 237174 | 1388 | SH |  | SOLE |  | 0 | 0 | 1388 |
| BLUE OWL CAPITAL CORPORATION | COM | 69121K104 |  | 1326458 | 103873 | SH |  | SOLE |  | 0 | 0 | 103873 |
| BOEING CO | COM | 097023105 |  | 1020602 | 4729 | SH |  | SOLE |  | 0 | 0 | 4729 |
| BOEING CO | COM | 097023105 |  | 920 | 2 | SH | Call | SOLE |  | 0 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 279681 | 6202 | SH |  | SOLE |  | 0 | 0 | 6202 |
| BROADCOM INC | COM | 11135F101 |  | 3472304 | 10525 | SH |  | SOLE |  | 0 | 0 | 10525 |
| CALAMOS GBL DYN INCOME FUND | COM | 12811L107 |  | 313664 | 41600 | SH |  | SOLE |  | 0 | 0 | 41600 |
| CALAMOS STRATEGIC TOTAL RETU | COM SH BEN INT | 128125101 |  | 774185 | 40134 | SH |  | SOLE |  | 0 | 0 | 40134 |
| CAMECO CORP | COM | 13321L108 |  | 1996123 | 23803 | SH |  | SOLE |  | 0 | 0 | 23803 |
| CAPITAL GROUP CORE BALANCED | SHS | 14021D107 |  | 1200097 | 34565 | SH |  | SOLE |  | 0 | 0 | 34565 |
| CAPITAL GROUP CORE EQUITY ET | SHS CREATION UNI | 14020V108 |  | 897834 | 22707 | SH |  | SOLE |  | 0 | 0 | 22707 |
| CAPITAL GROUP DIVIDEND VALUE | SHS CREATION UNI | 14020W106 |  | 527015 | 12539 | SH |  | SOLE |  | 0 | 0 | 12539 |
| CAPITAL GROUP EQUITY ETF TR | US SMALL AND MID | 14022A102 |  | 1569457 | 55282 | SH |  | SOLE |  | 0 | 0 | 55282 |
| CAPITAL GROUP GROWTH ETF | SHS CREATION UNI | 14020G101 |  | 3850072 | 87661 | SH |  | SOLE |  | 0 | 0 | 87661 |
| CAPITAL GROUP INTERNATIONAL | SHS | 14021T102 |  | 3195275 | 103709 | SH |  | SOLE |  | 0 | 0 | 103709 |
| CAPITAL GRP FIXED INCM ETF T | SHORT DURATION | 14020Y409 |  | 4667565 | 179660 | SH |  | SOLE |  | 0 | 0 | 179660 |
| CAPITAL GRP FIXED INCM ETF T | US MULTI-SECTOR | 14020Y300 |  | 5470923 | 197149 | SH |  | SOLE |  | 0 | 0 | 197149 |
| CARVANA CO | CL A | 146869102 |  | 546998 | 1450 | SH |  | SOLE |  | 0 | 0 | 1450 |
| CATERPILLAR INC | COM | 149123101 |  | 868118 | 1819 | SH |  | SOLE |  | 0 | 0 | 1819 |
| CBRE GBL REAL ESTATE INC FD | COM | 12504G100 |  | 273448 | 53200 | SH |  | SOLE |  | 0 | 0 | 53200 |
| CHEVRON CORP NEW | COM | 166764100 |  | 3888702 | 25042 | SH |  | SOLE |  | 0 | 0 | 25042 |
| CHEVRON CORP NEW | COM | 166764100 |  | 15215 | 7 | SH | Call | SOLE |  | 0 | 0 | 0 |
| CHOICEONE FINL SVCS INC | COM | 170386106 |  | 231680 | 8000 | SH |  | SOLE |  | 0 | 0 | 8000 |
| CHUBB LIMITED | COM | H1467J104 |  | 2305170 | 8167 | SH |  | SOLE |  | 0 | 0 | 8167 |
| CISCO SYS INC | COM | 17275R102 |  | 687498 | 10048 | SH |  | SOLE |  | 0 | 0 | 10048 |
| CITIGROUP INC | COM NEW | 172967424 |  | 10860764 | 107002 | SH |  | SOLE |  | 0 | 0 | 107002 |
| CLOUGH GLOBAL DIVID  INCOME | COM | 18913Y103 |  | 151130 | 25400 | SH |  | SOLE |  | 0 | 0 | 25400 |
| CMB.TECH NV | SHS | B38564108 |  | 177640 | 18918 | SH |  | SOLE |  | 0 | 0 | 18918 |
| COCA COLA CO | COM | 191216100 |  | 3370628 | 50824 | SH |  | SOLE |  | 0 | 0 | 50824 |
| COHEN  STEERS CLOSED-END OP | COM | 19248P106 |  | 656041 | 50310 | SH |  | SOLE |  | 0 | 0 | 50310 |
| COHEN  STEERS ETF TRUST | REAL ESTATE ACTI | 19249U104 |  | 351154 | 13480 | SH |  | SOLE |  | 0 | 0 | 13480 |
| COHEN  STEERS INFRASTRUCTUR | COM | 19248A109 |  | 1083624 | 43694 | SH |  | SOLE |  | 0 | 0 | 43694 |
| COHEN  STEERS INFRASTRUCTUR | RIGHT 10/16/2025 | 19248A117 |  | 3257 | 41811 | SH |  | SOLE |  | 0 | 0 | 41811 |
| COHEN  STEERS QUALITY INCOM | COM | 19247L106 |  | 1017978 | 81634 | SH |  | SOLE |  | 0 | 0 | 81634 |
| COHEN  STEERS REIT  PFD | COM | 19247X100 |  | 221810 | 9867 | SH |  | SOLE |  | 0 | 0 | 9867 |
| COHEN  STEERS TOTAL RETURN | COM | 19247R103 |  | 390528 | 32275 | SH |  | SOLE |  | 0 | 0 | 32275 |
| COINBASE GLOBAL INC | COM CL A | 19260Q107 |  | 202494 | 600 | SH |  | SOLE |  | 0 | 0 | 600 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 200368 | 6377 | SH |  | SOLE |  | 0 | 0 | 6377 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 255499 | 2701 | SH |  | SOLE |  | 0 | 0 | 2701 |
| CORE NATURAL RESOURCES INC | COM SHS | 218937100 |  | 446618 | 5350 | SH |  | SOLE |  | 0 | 0 | 5350 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 19991865 | 21597 | SH |  | SOLE |  | 0 | 0 | 21597 |
| CURTISS WRIGHT CORP | COM | 231561101 |  | 1088052 | 2004 | SH |  | SOLE |  | 0 | 0 | 2004 |
| CYTOSORBENTS CORP | COM NEW | 23283X206 |  | 97274 | 104139 | SH |  | SOLE |  | 0 | 0 | 104139 |
| DAVITA INC | COM | 23918K108 |  | 376686 | 2835 | SH |  | SOLE |  | 0 | 0 | 2835 |
| DESTRA MULTI-ALTERNATIVE FD | COMMON SHARES | 25065A502 |  | 122688 | 14200 | SH |  | SOLE |  | 0 | 0 | 14200 |
| DISNEY WALT CO | COM | 254687106 |  | 7473399 | 65269 | SH |  | SOLE |  | 0 | 0 | 65269 |
| DOUBLELINE ETF TRUST | OPPORTUNISTIC CO | 25861R105 |  | 262793 | 5648 | SH |  | SOLE |  | 0 | 0 | 5648 |
| DOUBLELINE INCOME SOLUTIONS | COM | 258622109 |  | 170859 | 13914 | SH |  | SOLE |  | 0 | 0 | 13914 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 742001 | 5996 | SH |  | SOLE |  | 0 | 0 | 5996 |
| EATON CORP PLC | SHS | G29183103 |  | 338696 | 905 | SH |  | SOLE |  | 0 | 0 | 905 |
| EATON VANCE LIMITED DURATION | COM | 27828H105 |  | 935323 | 92150 | SH |  | SOLE |  | 0 | 0 | 92150 |
| EATON VANCE RISK-MANAGED DIV | COM | 27829G106 |  | 146537 | 16300 | SH |  | SOLE |  | 0 | 0 | 16300 |
| EATON VANCE SR INCOME TR | SH BEN INT | 27826S103 |  | 58088 | 10600 | SH |  | SOLE |  | 0 | 0 | 10600 |
| EATON VANCE TAX-ADVANTAGED G | COM | 27828U106 |  | 212708 | 7718 | SH |  | SOLE |  | 0 | 0 | 7718 |
| EATON VANCE TAX-MANAGED DIVE | COM | 27828N102 |  | 759486 | 47766 | SH |  | SOLE |  | 0 | 0 | 47766 |
| EATON VANCE TAX-MANAGED GLOB | COM | 27829F108 |  | 742788 | 81625 | SH |  | SOLE |  | 0 | 0 | 81625 |
| EATON VANCE TAX-MANAGED GLOB | COM | 27829C105 |  | 304080 | 33600 | SH |  | SOLE |  | 0 | 0 | 33600 |
| EATON VANCE TX ADV GLBL DIV | COM | 27828S101 |  | 369078 | 17467 | SH |  | SOLE |  | 0 | 0 | 17467 |
| ELI LILLY  CO | COM | 532457108 |  | 1550795 | 2033 | SH |  | SOLE |  | 0 | 0 | 2033 |
| ENBRIDGE INC | COM | 29250N105 |  | 320010 | 6341 | SH |  | SOLE |  | 0 | 0 | 6341 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 240811 | 7701 | SH |  | SOLE |  | 0 | 0 | 7701 |
| EQUIFAX INC | COM | 294429105 |  | 535378 | 2087 | SH |  | SOLE |  | 0 | 0 | 2087 |
| ETFIS SER TR I | VIRTUS INFRCAP | 26923G822 |  | 625725 | 28822 | SH |  | SOLE |  | 0 | 0 | 28822 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 1277615 | 11333 | SH |  | SOLE |  | 0 | 0 | 11333 |
| FEMASYS INC | COM | 31447E105 |  | 16582 | 47055 | SH |  | SOLE |  | 0 | 0 | 47055 |
| FIDELITY COVINGTON TRUST | MSCI INFO TECH I | 316092808 |  | 380728 | 1714 | SH |  | SOLE |  | 0 | 0 | 1714 |
| FIDELITY COVINGTON TRUST | ENHANCED HIGH YI | 316092618 |  | 366694 | 7438 | SH |  | SOLE |  | 0 | 0 | 7438 |
| FIDELITY COVINGTON TRUST | ENHANCED LARGE | 316092113 |  | 218850 | 5872 | SH |  | SOLE |  | 0 | 0 | 5872 |
| FIDELITY MERRIMACK STR TR | TOTAL BD ETF | 316188309 |  | 403629 | 8729 | SH |  | SOLE |  | 0 | 0 | 8729 |
| FIDELITY MERRIMACK STR TR | LOW DURTIN ETF | 316188408 |  | 3878653 | 77264 | SH |  | SOLE |  | 0 | 0 | 77264 |
| FIRST TR EXCH TRD ALPHDX FD | EUROPE ALPHADEX | 33737J117 |  | 1376886 | 26900 | SH |  | SOLE |  | 0 | 0 | 26900 |
| FIRST TR EXCHANGE TRADED FD | DORSEY WRT 5 ETF | 33738R605 |  | 517309 | 8354 | SH |  | SOLE |  | 0 | 0 | 8354 |
| FIRST TR EXCHANGE TRADED FD | NASDAQ BUYWRITE | 33738R407 |  | 203940 | 9900 | SH |  | SOLE |  | 0 | 0 | 9900 |
| FIRST TR EXCHANGE TRADED FD | TECH ALPHADEX | 33734X176 |  | 277184 | 1650 | SH |  | SOLE |  | 0 | 0 | 1650 |
| FIRST TR EXCHANGE-TRADED FD | CAP STRENGTH ETF | 33733E104 |  | 749120 | 8000 | SH |  | SOLE |  | 0 | 0 | 8000 |
| FIRST TR EXCHANGE-TRADED FD | SHS | 336917109 |  | 483239 | 11132 | SH |  | SOLE |  | 0 | 0 | 11132 |
| FIRST TR EXCHANGE-TRADED FD | FT VEST S 500 | 33739Q705 |  | 1447748 | 29360 | SH |  | SOLE |  | 0 | 0 | 29360 |
| FIRST TR EXCHANGE-TRADED FD | SHS | 337345102 |  | 204353 | 890 | SH |  | SOLE |  | 0 | 0 | 890 |
| FIRST TR EXCHNG TRADED FD VI | FT VEST US EQT | 33740U661 |  | 295682 | 7290 | SH |  | SOLE |  | 0 | 0 | 7290 |
| FIRST TR EXCHNG TRADED FD VI | FT ENERGY INCOME | 33740F276 |  | 2056029 | 103735 | SH |  | SOLE |  | 0 | 0 | 103735 |
| FIRST TR EXCHNG TRADED FD VI | FT VEST NAS | 33740U836 |  | 202602 | 6525 | SH |  | SOLE |  | 0 | 0 | 6525 |
| FIRST TR EXCHNG TRADED FD VI | FT VEST U.S EQT | 33740U711 |  | 533120 | 14000 | SH |  | SOLE |  | 0 | 0 | 14000 |
| FIRST TR EXCHNG TRADED FD VI | FT VEST LADDERED | 33740F755 |  | 4080917 | 122110 | SH |  | SOLE |  | 0 | 0 | 122110 |
| FIRST TR EXCHNG TRADED FD VI | FT VEST NAS | 33740F649 |  | 222883 | 7163 | SH |  | SOLE |  | 0 | 0 | 7163 |
| FIRST TR EXCHNG TRADED FD VI | FT VEST U.S EQT | 33740F433 |  | 206997 | 5324 | SH |  | SOLE |  | 0 | 0 | 5324 |
| FIRST TR EXCHNG TRADED FD VI | FT VEST NAS | 33740F557 |  | 365078 | 11735 | SH |  | SOLE |  | 0 | 0 | 11735 |
| FIRST TR EXCHNG TRADED FD VI | FT VEST U.S | 33740U810 |  | 237502 | 5710 | SH |  | SOLE |  | 0 | 0 | 5710 |
| FIRST TR EXCHNG TRADED FD VI | FT VEST US EQT | 33740U737 |  | 241395 | 5950 | SH |  | SOLE |  | 0 | 0 | 5950 |
| FIRST TR EXCHNG TRADED FD VI | FT VEST US EQT | 33740U208 |  | 261337 | 4775 | SH |  | SOLE |  | 0 | 0 | 4775 |
| FIRST TR EXCHNG TRADED FD VI | FT VEST US EQT | 33740F516 |  | 262515 | 6300 | SH |  | SOLE |  | 0 | 0 | 6300 |
| FIRST TR SR FLTG RATE INCOME | COM | 33733U108 |  | 265370 | 26537 | SH |  | SOLE |  | 0 | 0 | 26537 |
| FORD MTR CO | COM | 345370860 |  | 338367 | 28291 | SH |  | SOLE |  | 0 | 0 | 28291 |
| FRANKLIN LTD DURATION INCOME | COM | 35472T101 |  | 82810 | 13000 | SH |  | SOLE |  | 0 | 0 | 13000 |
| FS CREDIT OPPORTUNITIES CORP | COMMON STOCK | 30290Y101 |  | 175300 | 25369 | SH |  | SOLE |  | 0 | 0 | 25369 |
| FS KKR CAP CORP | COM | 302635206 |  | 247099 | 16551 | SH |  | SOLE |  | 0 | 0 | 16551 |
| GABELLI DIVID  INCOME TR | COM | 36242H104 |  | 203475 | 7500 | SH |  | SOLE |  | 0 | 0 | 7500 |
| GAMCO GLOBAL GOLD NAT RES | COM SH BEN INT | 36465A109 |  | 580598 | 112628 | SH |  | SOLE |  | 0 | 0 | 112628 |
| GAMCO NAT RES GOLD  INCOME | SH BEN INT | 36465E101 |  | 70300 | 10000 | SH |  | SOLE |  | 0 | 0 | 10000 |
| GE AEROSPACE | COM NEW | 369604301 |  | 995112 | 3308 | SH |  | SOLE |  | 0 | 0 | 3308 |
| GE VERNOVA INC | COM | 36828A101 |  | 328355 | 533 | SH |  | SOLE |  | 0 | 0 | 533 |
| GENERAL MTRS CO | COM | 37045V100 |  | 8495162 | 139333 | SH |  | SOLE |  | 0 | 0 | 139333 |
| GLOBAL X FDS | ARTIFICIAL ETF | 37954Y632 |  | 2340152 | 47381 | SH |  | SOLE |  | 0 | 0 | 47381 |
| GLOBAL X FDS | NASDAQ 100 COVER | 37954Y483 |  | 4316891 | 253785 | SH |  | SOLE |  | 0 | 0 | 253785 |
| GLOBAL X FDS | S 500 COVERED | 37954Y475 |  | 2898175 | 73820 | SH |  | SOLE |  | 0 | 0 | 73820 |
| GLOBAL X FDS | CYBRSCURTY ETF | 37954Y384 |  | 224161 | 6370 | SH |  | SOLE |  | 0 | 0 | 6370 |
| GLOBAL X FDS | GLB X MLP ENRG I | 37954Y293 |  | 242688 | 3870 | SH |  | SOLE |  | 0 | 0 | 3870 |
| GLOBAL X FDS | DOW 30 COVERED C | 37960A859 |  | 1332852 | 61000 | SH |  | SOLE |  | 0 | 0 | 61000 |
| GLOBAL X FDS | RUSSELL 2000 | 37954Y459 |  | 1058468 | 70330 | SH |  | SOLE |  | 0 | 0 | 70330 |
| GOLDMAN SACHS ETF TR | ACTIVEBETA US LG | 381430503 |  | 6921517 | 53128 | SH |  | SOLE |  | 0 | 0 | 53128 |
| GOLDMAN SACHS ETF TR | ACTIVEBETA INT | 381430107 |  | 1342982 | 32668 | SH |  | SOLE |  | 0 | 0 | 32668 |
| GRAIL INC | COM | 384747101 |  | 1212526 | 20506 | SH |  | SOLE |  | 0 | 0 | 20506 |
| HIGH INCOME SECS FD | SHS BEN INT | 42968F108 |  | 106045 | 16700 | SH |  | SOLE |  | 0 | 0 | 16700 |
| HIGHLAND GLOBAL ALLOCATION F | COM | 43010T104 |  | 2650471 | 291581 | SH |  | SOLE |  | 0 | 0 | 291581 |
| HIGHLAND OPPS  INCOME FD | HIGHLAND INCOME | 43010E404 |  | 239395 | 37700 | SH |  | SOLE |  | 0 | 0 | 37700 |
| HOME DEPOT INC | COM | 437076102 |  | 2975845 | 7345 | SH |  | SOLE |  | 0 | 0 | 7345 |
| HONEYWELL INTL INC | COM | 438516106 |  | 761327 | 3617 | SH |  | SOLE |  | 0 | 0 | 3617 |
| INNOVATOR ETFS TRUST | US EQTY PWR BUF | 45782C318 |  | 260600 | 6700 | SH |  | SOLE |  | 0 | 0 | 6700 |
| INNOVATOR ETFS TRUST | US EQTY ULTRA B | 45782C532 |  | 518149 | 13504 | SH |  | SOLE |  | 0 | 0 | 13504 |
| INNOVATOR ETFS TRUST | US EQUT BUFR AUG | 45782C698 |  | 869831 | 17755 | SH |  | SOLE |  | 0 | 0 | 17755 |
| INNOVATOR ETFS TRUST | GRWT100 PWR BF | 45782C466 |  | 279146 | 5248 | SH |  | SOLE |  | 0 | 0 | 5248 |
| INNOVATOR ETFS TRUST | DEFINED WLT SHLD | 45783Y855 |  | 200695 | 6115 | SH |  | SOLE |  | 0 | 0 | 6115 |
| INTEL CORP | COM | 458140100 |  | 224570 | 6694 | SH |  | SOLE |  | 0 | 0 | 6694 |
| INTERACTIVE BROKERS GROUP IN | COM CL A | 45841N107 |  | 3152392 | 45813 | SH |  | SOLE |  | 0 | 0 | 45813 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 740103 | 2623 | SH |  | SOLE |  | 0 | 0 | 2623 |
| INVESCO ACTIVELY MANAGED EXC | AAA CLO FLTNG RT | 46090A721 |  | 394908 | 15420 | SH |  | SOLE |  | 0 | 0 | 15420 |
| INVESCO CURRENCYSHARES EURO | EURO SHS | 46138K103 |  | 2108228 | 19454 | SH |  | SOLE |  | 0 | 0 | 19454 |
| INVESCO EXCH TRADED FD TR II | CEF INM COMPSI | 46138E404 |  | 499250 | 25000 | SH |  | SOLE |  | 0 | 0 | 25000 |
| INVESCO EXCH TRADED FD TR II | NASDAQ 100 ETF | 46138G649 |  | 3619319 | 14646 | SH |  | SOLE |  | 0 | 0 | 14646 |
| INVESCO EXCH TRADED FD TR II | S 500 MOMNTM | 46138E339 |  | 215180 | 1778 | SH |  | SOLE |  | 0 | 0 | 1778 |
| INVESCO EXCH TRADED FD TR II | CALIF AMT MUN | 46138E206 |  | 553772 | 23151 | SH |  | SOLE |  | 0 | 0 | 23151 |
| INVESCO EXCHANGE TRADED FD T | HIG YLD EQ DIV | 46137V563 |  | 681704 | 32359 | SH |  | SOLE |  | 0 | 0 | 32359 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 1890141 | 9964 | SH |  | SOLE |  | 0 | 0 | 9964 |
| INVESCO EXCHANGE TRADED FD T | S 500 TOP 50 | 46137V233 |  | 715974 | 12447 | SH |  | SOLE |  | 0 | 0 | 12447 |
| INVESCO EXCHANGE TRADED FD T | DORSEY WRIGHT MO | 46137V837 |  | 460178 | 3898 | SH |  | SOLE |  | 0 | 0 | 3898 |
| INVESCO EXCHANGE TRADED FD T | S EQL TEC | 46137V282 |  | 260793 | 5850 | SH |  | SOLE |  | 0 | 0 | 5850 |
| INVESCO EXCHANGE TRADED FD T | S 500 GARP ETF | 46137V431 |  | 1552751 | 13667 | SH |  | SOLE |  | 0 | 0 | 13667 |
| INVESCO EXCHANGE TRADED FD T | DORSEY WRGT UTIL | 46137V795 |  | 230056 | 5009 | SH |  | SOLE |  | 0 | 0 | 5009 |
| INVESCO MUNI INCOME OPP TRST | COM | 46132X101 |  | 73361 | 12166 | SH |  | SOLE |  | 0 | 0 | 12166 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 10376317 | 17282 | SH |  | SOLE |  | 0 | 0 | 17282 |
| INVESCO SR INCOME TR | COM | 46131H107 |  | 34600 | 10000 | SH |  | SOLE |  | 0 | 0 | 10000 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 |  | 927453 | 12745 | SH |  | SOLE |  | 0 | 0 | 12745 |
| ISHARES INC | MSCI EMRG CHN | 46434G764 |  | 530695 | 7861 | SH |  | SOLE |  | 0 | 0 | 7861 |
| ISHARES SILVER TR | ISHARES | 46428Q109 |  | 3403834 | 80336 | SH |  | SOLE |  | 0 | 0 | 80336 |
| ISHARES TR | CORE S TTL STK | 464287150 |  | 16182168 | 111103 | SH |  | SOLE |  | 0 | 0 | 111103 |
| ISHARES TR | S 100 ETF | 464287101 |  | 2677729 | 8045 | SH |  | SOLE |  | 0 | 0 | 8045 |
| ISHARES TR | S 500 VAL ETF | 464287408 |  | 335785 | 1626 | SH |  | SOLE |  | 0 | 0 | 1626 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 10455344 | 43211 | SH |  | SOLE |  | 0 | 0 | 43211 |
| ISHARES TR | 0-3 MNTH TREASRY | 46436E718 |  | 1880573 | 18675 | SH |  | SOLE |  | 0 | 0 | 18675 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 3147036 | 33705 | SH |  | SOLE |  | 0 | 0 | 33705 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 |  | 438738 | 2157 | SH |  | SOLE |  | 0 | 0 | 2157 |
| ISHARES TR | US AER DEF ETF | 464288760 |  | 825740 | 3946 | SH |  | SOLE |  | 0 | 0 | 3946 |
| ISHARES TR | INTL SEL DIV ETF | 464288448 |  | 7726052 | 211383 | SH |  | SOLE |  | 0 | 0 | 211383 |
| ISHARES TR | ESG AWR MSCI USA | 46435G425 |  | 490235 | 3367 | SH |  | SOLE |  | 0 | 0 | 3367 |
| ISHARES TR | US INFRASTRUC | 46435U713 |  | 967504 | 18317 | SH |  | SOLE |  | 0 | 0 | 18317 |
| ISHARES TR | US HLTHCARE ETF | 464287762 |  | 1744452 | 29708 | SH |  | SOLE |  | 0 | 0 | 29708 |
| ISHARES TR | CORE S ETF | 464287200 |  | 18744392 | 28005 | SH |  | SOLE |  | 0 | 0 | 28005 |
| ISHARES TR | CORE DIV GRWTH | 46434V621 |  | 222240 | 3264 | SH |  | SOLE |  | 0 | 0 | 3264 |
| ISHARES TR | S 500 GRWT ETF | 464287309 |  | 635435 | 5264 | SH |  | SOLE |  | 0 | 0 | 5264 |
| ISHARES TR | ESG AW MSCI EAFE | 46435G516 |  | 287588 | 3093 | SH |  | SOLE |  | 0 | 0 | 3093 |
| ISHARES TR | ULTRA SHORT DUR | 46434V878 |  | 3899989 | 76847 | SH |  | SOLE |  | 0 | 0 | 76847 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 |  | 217126 | 2487 | SH |  | SOLE |  | 0 | 0 | 2487 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 807634 | 1725 | SH |  | SOLE |  | 0 | 0 | 1725 |
| ISHARES TR | MSCI USA MMENTM | 46432F396 |  | 2135652 | 8328 | SH |  | SOLE |  | 0 | 0 | 8328 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 926939 | 17359 | SH |  | SOLE |  | 0 | 0 | 17359 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 1048536 | 8824 | SH |  | SOLE |  | 0 | 0 | 8824 |
| ISHARES TR | S MC 400VL ETF | 464287705 |  | 229086 | 1766 | SH |  | SOLE |  | 0 | 0 | 1766 |
| ISHARES TR | RUS TOP 200 ETF | 464289446 |  | 301474 | 1815 | SH |  | SOLE |  | 0 | 0 | 1815 |
| ISHARES TR | MSCI USA MIN VOL | 46429B697 |  | 1607415 | 16895 | SH |  | SOLE |  | 0 | 0 | 16895 |
| ISHARES TR | MSCI USA QLT FCT | 46432F339 |  | 568440 | 2923 | SH |  | SOLE |  | 0 | 0 | 2923 |
| ISHARES TR | CORE HIGH DV ETF | 46429B663 |  | 265350 | 2167 | SH |  | SOLE |  | 0 | 0 | 2167 |
| ISHARES TR | CORE S US VLU | 464287663 |  | 1748640 | 17495 | SH |  | SOLE |  | 0 | 0 | 17495 |
| ISHARES TR | CALIF MUN BD ETF | 464288356 |  | 865969 | 15182 | SH |  | SOLE |  | 0 | 0 | 15182 |
| ISHARES TR | ESG AWARE MSCI | 46435U663 |  | 364512 | 8086 | SH |  | SOLE |  | 0 | 0 | 8086 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 512084 | 7847 | SH |  | SOLE |  | 0 | 0 | 7847 |
| ISHARES TR | RUS MD CP GR ETF | 464287481 |  | 435917 | 3061 | SH |  | SOLE |  | 0 | 0 | 3061 |
| ISHARES TR | RUS 1000 ETF | 464287622 |  | 883017 | 2416 | SH |  | SOLE |  | 0 | 0 | 2416 |
| ISHARES TR | PFD AND INCM SEC | 464288687 |  | 365036 | 11545 | SH |  | SOLE |  | 0 | 0 | 11545 |
| ISHARES TR | IBOXX INV CP ETF | 464287242 |  | 326241 | 2927 | SH |  | SOLE |  | 0 | 0 | 2927 |
| ISHARES TR | 0-5 YR TIPS ETF | 46429B747 |  | 1011315 | 9784 | SH |  | SOLE |  | 0 | 0 | 9784 |
| ISHARES TR | DOW JONES US ETF | 464287846 |  | 1060981 | 6530 | SH |  | SOLE |  | 0 | 0 | 6530 |
| ISHARES TR | CRE U S REIT ETF | 464288521 |  | 269995 | 4598 | SH |  | SOLE |  | 0 | 0 | 4598 |
| ISHARES TR | RUS TP200 GR ETF | 464289438 |  | 333444 | 1219 | SH |  | SOLE |  | 0 | 0 | 1219 |
| J P MORGAN EXCHANGE TRADED F | EQUITY PREMIUM | 46641Q332 |  | 10113844 | 177124 | SH |  | SOLE |  | 0 | 0 | 177124 |
| J P MORGAN EXCHANGE TRADED F | NASDAQ EQT PREM | 46654Q203 |  | 5567966 | 96801 | SH |  | SOLE |  | 0 | 0 | 96801 |
| J P MORGAN EXCHANGE TRADED F | MUNICIPAL ETF | 46641Q647 |  | 1020806 | 20226 | SH |  | SOLE |  | 0 | 0 | 20226 |
| J P MORGAN EXCHANGE TRADED F | US VALUE FACTR | 46641Q753 |  | 245908 | 5177 | SH |  | SOLE |  | 0 | 0 | 5177 |
| JANUS DETROIT STR TR | HENDRSON AAA CL | 47103U845 |  | 242474 | 4775 | SH |  | SOLE |  | 0 | 0 | 4775 |
| JOHN HANCOCK DIVERSIFIED INC | COM | 47804L102 |  | 195960 | 18400 | SH |  | SOLE |  | 0 | 0 | 18400 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 1657360 | 8939 | SH |  | SOLE |  | 0 | 0 | 8939 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 5467044 | 17331 | SH |  | SOLE |  | 0 | 0 | 17331 |
| KAYNE ANDERSON ENERGY INFRST | COM | 486606106 |  | 4014375 | 324525 | SH |  | SOLE |  | 0 | 0 | 324525 |
| KEMPER CORP | COM | 488401100 |  | 254863 | 4944 | SH |  | SOLE |  | 0 | 0 | 4944 |
| LIBERTY ALL STAR EQUITY FD | SH BEN INT | 530158104 |  | 358369 | 56525 | SH |  | SOLE |  | 0 | 0 | 56525 |
| LINDE PLC | SHS | G54950103 |  | 844708 | 1779 | SH |  | SOLE |  | 0 | 0 | 1779 |
| LMP CAP  INCOME FD INC | COM | 50208A102 |  | 439313 | 28288 | SH |  | SOLE |  | 0 | 0 | 28288 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 457334 | 916 | SH |  | SOLE |  | 0 | 0 | 916 |
| LOOP INDS INC | COM | 543518104 |  | 248072 | 167616 | SH |  | SOLE |  | 0 | 0 | 167616 |
| LOWES COS INC | COM | 548661107 |  | 547856 | 2180 | SH |  | SOLE |  | 0 | 0 | 2180 |
| MARKEL GROUP INC | COM | 570535104 |  | 5854510 | 3063 | SH |  | SOLE |  | 0 | 0 | 3063 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 1495971 | 2630 | SH |  | SOLE |  | 0 | 0 | 2630 |
| MEDICAL PPTYS TRUST INC | COM | 58463J304 |  | 81120 | 16000 | SH |  | SOLE |  | 0 | 0 | 16000 |
| MERCK  CO INC | COM | 58933Y105 |  | 1268827 | 15118 | SH |  | SOLE |  | 0 | 0 | 15118 |
| META PLATFORMS INC | CL A | 30303M102 |  | 4045632 | 5509 | SH |  | SOLE |  | 0 | 0 | 5509 |
| MFS MUN INCOME TR | SH BEN INT | 552738106 |  | 53900 | 10000 | SH |  | SOLE |  | 0 | 0 | 10000 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 16635624 | 99424 | SH |  | SOLE |  | 0 | 0 | 99424 |
| MICROSOFT CORP | COM | 594918104 |  | 9951293 | 19213 | SH |  | SOLE |  | 0 | 0 | 19213 |
| MICROSOFT CORP | COM | 594918104 |  | 1690 | 2 | SH | Call | SOLE |  | 0 | 0 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 240734 | 3854 | SH |  | SOLE |  | 0 | 0 | 3854 |
| NETFLIX INC | COM | 64110L106 |  | 2126885 | 1774 | SH |  | SOLE |  | 0 | 0 | 1774 |
| NEUBERGER BERMAN REAL ESTATE | COM | 64190A103 |  | 898605 | 278206 | SH |  | SOLE |  | 0 | 0 | 278206 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 653066 | 8651 | SH |  | SOLE |  | 0 | 0 | 8651 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 2041831 | 3351 | SH |  | SOLE |  | 0 | 0 | 3351 |
| NOVO-NORDISK A S | ADR | 670100205 |  | 396031 | 7137 | SH |  | SOLE |  | 0 | 0 | 7137 |
| NUVEEN CA QUALTY MUN INCOME | COM | 67066Y105 |  | 180436 | 15690 | SH |  | SOLE |  | 0 | 0 | 15690 |
| NUVEEN CALIF SELECT TAX FREE | SH BEN INT | 67063R103 |  | 131905 | 10166 | SH |  | SOLE |  | 0 | 0 | 10166 |
| NUVEEN CORE EQUITY ALPHA FD | COM | 67090X107 |  | 213929 | 13600 | SH |  | SOLE |  | 0 | 0 | 13600 |
| NUVEEN CR STRATEGIES INCOME | COM SHS | 67073D102 |  | 262446 | 49800 | SH |  | SOLE |  | 0 | 0 | 49800 |
| NUVEEN FLOATING RATE INCOME | COM | 67072T108 |  | 368623 | 45064 | SH |  | SOLE |  | 0 | 0 | 45064 |
| NUVEEN GLOBAL HIGH INCOME FD | SHS | 67075G103 |  | 338000 | 25000 | SH |  | SOLE |  | 0 | 0 | 25000 |
| NUVEEN MULTI ASSET INCOME FU | COM | 670750108 |  | 514151 | 39611 | SH |  | SOLE |  | 0 | 0 | 39611 |
| NUVEEN MUNICIPAL CREDIT INC | COM SH BEN INT | 67070X101 |  | 248688 | 19800 | SH |  | SOLE |  | 0 | 0 | 19800 |
| NUVEEN PFD  INCOME OPPORTUN | COM | 67073B106 |  | 382269 | 46618 | SH |  | SOLE |  | 0 | 0 | 46618 |
| NUVEEN REAL ASSET INCOME  G | COM | 67074Y105 |  | 151236 | 10613 | SH |  | SOLE |  | 0 | 0 | 10613 |
| NUVEEN REAL ESTATE INCOME FD | COM | 67071B108 |  | 529246 | 64700 | SH |  | SOLE |  | 0 | 0 | 64700 |
| NUVEEN SELECT MAT MUN FD | SH BEN INT | 67061T101 |  | 115750 | 12500 | SH |  | SOLE |  | 0 | 0 | 12500 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 16708713 | 89552 | SH |  | SOLE |  | 0 | 0 | 89552 |
| NXG CUSHING MIDSTREAM ENERGY | COM NEW | 231631300 |  | 516479 | 11240 | SH |  | SOLE |  | 0 | 0 | 11240 |
| NYLI CBRE GBL INFR MEGTRNDS | COM | 56064Q107 |  | 418380 | 28500 | SH |  | SOLE |  | 0 | 0 | 28500 |
| OCCIDENTAL PETE CORP | COM | 674599105 |  | 9868000 | 208845 | SH |  | SOLE |  | 0 | 0 | 208845 |
| OCCIDENTAL PETE CORP | COM | 674599105 |  | 24050 | 35 | SH | Call | SOLE |  | 0 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 802943 | 2855 | SH |  | SOLE |  | 0 | 0 | 2855 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 4817531 | 26409 | SH |  | SOLE |  | 0 | 0 | 26409 |
| PARAMOUNT SKYDANCE CORP | COM CL B | 69932A204 |  | 198759 | 10505 | SH |  | SOLE |  | 0 | 0 | 10505 |
| PEPSICO INC | COM | 713448108 |  | 733191 | 5221 | SH |  | SOLE |  | 0 | 0 | 5221 |
| PFIZER INC | COM | 717081103 |  | 855741 | 33584 | SH |  | SOLE |  | 0 | 0 | 33584 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 453998 | 2799 | SH |  | SOLE |  | 0 | 0 | 2799 |
| PIMCO ACCESS INCOME FUND | SHS BENFIN INT | 72203T100 |  | 238762 | 14675 | SH |  | SOLE |  | 0 | 0 | 14675 |
| PIMCO CORPORATE  INCOME OPP | COM | 72201B101 |  | 633410 | 43865 | SH |  | SOLE |  | 0 | 0 | 43865 |
| PIMCO DYNAMIC INCOME FD | SHS | 72201Y101 |  | 231679 | 11701 | SH |  | SOLE |  | 0 | 0 | 11701 |
| PIMCO DYNAMIC INCOME OPRNTS | COM BEN SHS | 69355M107 |  | 342453 | 24253 | SH |  | SOLE |  | 0 | 0 | 24253 |
| PIMCO ETF TR | ENHNCD LW DUR AC | 72201R718 |  | 442555 | 4603 | SH |  | SOLE |  | 0 | 0 | 4603 |
| PIMCO ETF TR | ENHAN SHRT MA AC | 72201R833 |  | 645122 | 6407 | SH |  | SOLE |  | 0 | 0 | 6407 |
| PIMCO ETF TR | ACTIVE BD ETF | 72201R775 |  | 251850 | 2698 | SH |  | SOLE |  | 0 | 0 | 2698 |
| PIMCO ETF TR | INTER MUN BD ACT | 72201R866 |  | 359710 | 6880 | SH |  | SOLE |  | 0 | 0 | 6880 |
| POWERBANK CORP | COM SHS | 73933V100 |  | 45900 | 30000 | SH |  | SOLE |  | 0 | 0 | 30000 |
| PRINCIPAL REAL ESTATE INCOME | SHS BEN INT | 74255X104 |  | 502080 | 48000 | SH |  | SOLE |  | 0 | 0 | 48000 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 616787 | 4014 | SH |  | SOLE |  | 0 | 0 | 4014 |
| PROSHARES TR | S 500 DV ARIST | 74348A467 |  | 204285 | 1982 | SH |  | SOLE |  | 0 | 0 | 1982 |
| PURE STORAGE INC | CL A | 74624M102 |  | 663440 | 7916 | SH |  | SOLE |  | 0 | 0 | 7916 |
| QUALCOMM INC | COM | 747525103 |  | 371003 | 2230 | SH |  | SOLE |  | 0 | 0 | 2230 |
| REALTY INCOME CORP | COM | 756109104 |  | 212675 | 3498 | SH |  | SOLE |  | 0 | 0 | 3498 |
| REAVES UTIL INCOME FD | COM SH BEN INT | 756158101 |  | 1572439 | 39688 | SH |  | SOLE |  | 0 | 0 | 39688 |
| RIVERNORTH OPPORTUNITIES FD | COM | 76881Y109 |  | 684324 | 57027 | SH |  | SOLE |  | 0 | 0 | 57027 |
| RIVERNORTH OPPORTUNITIES FD | RIGHT 10/06/2025 | 76881Y174 |  | 450 | 55875 | SH |  | SOLE |  | 0 | 0 | 55875 |
| ROCKWELL AUTOMATION INC | COM | 773903109 |  | 217527 | 623 | SH |  | SOLE |  | 0 | 0 | 623 |
| ROYCE MICRO-CAP TR INC | COM | 780915104 |  | 681221 | 65565 | SH |  | SOLE |  | 0 | 0 | 65565 |
| ROYCE SMALL CAP TRUST INC | COM | 780910105 |  | 904102 | 56052 | SH |  | SOLE |  | 0 | 0 | 56052 |
| RTX CORPORATION | COM | 75513E101 |  | 436899 | 2611 | SH |  | SOLE |  | 0 | 0 | 2611 |
| SALESFORCE INC | COM | 79466L302 |  | 316893 | 1337 | SH |  | SOLE |  | 0 | 0 | 1337 |
| SAP SE | SPON ADR | 803054204 |  | 2414509 | 9036 | SH |  | SOLE |  | 0 | 0 | 9036 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 |  | 3836362 | 140526 | SH |  | SOLE |  | 0 | 0 | 140526 |
| SCHWAB STRATEGIC TR | US LCAP GR ETF | 808524300 |  | 842773 | 26411 | SH |  | SOLE |  | 0 | 0 | 26411 |
| SCHWAB STRATEGIC TR | US LCAP VA ETF | 808524409 |  | 895454 | 30761 | SH |  | SOLE |  | 0 | 0 | 30761 |
| SCHWAB STRATEGIC TR | US MID-CAP ETF | 808524508 |  | 381463 | 12870 | SH |  | SOLE |  | 0 | 0 | 12870 |
| SCHWAB STRATEGIC TR | FUNDAMENTAL INTL | 808524755 |  | 241306 | 5617 | SH |  | SOLE |  | 0 | 0 | 5617 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 |  | 39155254 | 138918 | SH |  | SOLE |  | 0 | 0 | 138918 |
| SELECT SECTOR SPDR TR | SBI CONS STPLS | 81369Y308 |  | 5300155 | 67630 | SH |  | SOLE |  | 0 | 0 | 67630 |
| SELECT SECTOR SPDR TR | SBI HEALTHCARE | 81369Y209 |  | 587021 | 4218 | SH |  | SOLE |  | 0 | 0 | 4218 |
| SELECT SECTOR SPDR TR | INDL | 81369Y704 |  | 1191156 | 7723 | SH |  | SOLE |  | 0 | 0 | 7723 |
| SELECT SECTOR SPDR TR | COMMUNICATION | 81369Y852 |  | 270241 | 2283 | SH |  | SOLE |  | 0 | 0 | 2283 |
| SELECT SECTOR SPDR TR | SBI INT-UTILS | 81369Y886 |  | 320715 | 3677 | SH |  | SOLE |  | 0 | 0 | 3677 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 |  | 348056 | 3895 | SH |  | SOLE |  | 0 | 0 | 3895 |
| SELECT SECTOR SPDR TR | FINANCIAL | 81369Y605 |  | 1728934 | 32094 | SH |  | SOLE |  | 0 | 0 | 32094 |
| SELECT SECTOR SPDR TR | SBI CONS DISCR | 81369Y407 |  | 672236 | 2805 | SH |  | SOLE |  | 0 | 0 | 2805 |
| SEMPRA | COM | 816851109 |  | 315023 | 3501 | SH |  | SOLE |  | 0 | 0 | 3501 |
| SHELL PLC | SPON ADS | 780259305 |  | 368510 | 5151 | SH |  | SOLE |  | 0 | 0 | 5151 |
| SHOPIFY INC | CL A SUB VTG SHS | 82509L107 |  | 331995 | 2234 | SH |  | SOLE |  | 0 | 0 | 2234 |
| SIRIUSXM HOLDINGS INC | COMMON STOCK | 829933100 |  | 203309 | 8735 | SH |  | SOLE |  | 0 | 0 | 8735 |
| SOLID POWER INC | *W EXP 12/08/202 | 83422N113 |  | 12900 | 30000 | SH |  | SOLE |  | 0 | 0 | 30000 |
| SOMNIGROUP INTERNATIONAL INC | COM | 88023U101 |  | 590310 | 7000 | SH |  | SOLE |  | 0 | 0 | 7000 |
| SOURCE CAPITAL | COM SHS OF BEN I | 836144303 |  | 791181 | 17574 | SH |  | SOLE |  | 0 | 0 | 17574 |
| SPDR DOW JONES INDL AVERAGE | UT SER 1 | 78467X109 |  | 1211769 | 2613 | SH |  | SOLE |  | 0 | 0 | 2613 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 5963375 | 16776 | SH |  | SOLE |  | 0 | 0 | 16776 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 7870818 | 11814 | SH |  | SOLE |  | 0 | 0 | 11814 |
| SPDR S MIDCAP 400 ETF TR | UTSER1 S | 78467Y107 |  | 334969 | 562 | SH |  | SOLE |  | 0 | 0 | 562 |
| SPDR SERIES TRUST | S DIVID ETF | 78464A763 |  | 26065456 | 186117 | SH |  | SOLE |  | 0 | 0 | 186117 |
| SPDR SERIES TRUST | PRTFLO S GW | 78464A409 |  | 4717270 | 45137 | SH |  | SOLE |  | 0 | 0 | 45137 |
| SPDR SERIES TRUST | AEROSPACE DEF | 78464A631 |  | 338345 | 1440 | SH |  | SOLE |  | 0 | 0 | 1440 |
| SPDR SERIES TRUST | BLOOMBERG 1-3 MO | 78468R663 |  | 2078322 | 22652 | SH |  | SOLE |  | 0 | 0 | 22652 |
| SPDR SERIES TRUST | PRTFLO S VL | 78464A508 |  | 247326 | 4470 | SH |  | SOLE |  | 0 | 0 | 4470 |
| SPECIAL OPPORTUNITIES FD INC | COM | 84741T104 |  | 227850 | 14700 | SH |  | SOLE |  | 0 | 0 | 14700 |
| SRH TOTAL RETURN FUND INC | COM | 101507101 |  | 323248 | 17800 | SH |  | SOLE |  | 0 | 0 | 17800 |
| STARBUCKS CORP | COM | 855244109 |  | 358704 | 4240 | SH |  | SOLE |  | 0 | 0 | 4240 |
| STRYKER CORPORATION | COM | 863667101 |  | 508295 | 1375 | SH |  | SOLE |  | 0 | 0 | 1375 |
| SUPER MICRO COMPUTER INC | COM NEW | 86800U302 |  | 272826 | 5691 | SH |  | SOLE |  | 0 | 0 | 5691 |
| T ROWE PRICE ETF INC | CAP APPRECIATION | 87283Q867 |  | 285916 | 7584 | SH |  | SOLE |  | 0 | 0 | 7584 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 1720449 | 6160 | SH |  | SOLE |  | 0 | 0 | 6160 |
| TELEDYNE TECHNOLOGIES INC | COM | 879360105 |  | 679806 | 1160 | SH |  | SOLE |  | 0 | 0 | 1160 |
| TEMPUS AI INC | CL A | 88023B103 |  | 906294 | 11229 | SH |  | SOLE |  | 0 | 0 | 11229 |
| TESLA INC | COM | 88160R101 |  | 5234800 | 11771 | SH |  | SOLE |  | 0 | 0 | 11771 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 340479 | 702 | SH |  | SOLE |  | 0 | 0 | 702 |
| TORTOISE CAPITAL SERIES TRUS | ESSENTIAL ENERGY | 890930100 |  | 291798 | 13889 | SH |  | SOLE |  | 0 | 0 | 13889 |
| TORTOISE ENERGY INFRA CORP | COM | 89147L886 |  | 549398 | 12750 | SH |  | SOLE |  | 0 | 0 | 12750 |
| TORTOISE SUSTAINABLE  SOCIA | COM SH BEN INT | 27901F109 |  | 295176 | 25100 | SH |  | SOLE |  | 0 | 0 | 25100 |
| TRANSDIGM GROUP INC | COM | 893641100 |  | 604966 | 459 | SH |  | SOLE |  | 0 | 0 | 459 |
| UNION PAC CORP | COM | 907818108 |  | 373229 | 1579 | SH |  | SOLE |  | 0 | 0 | 1579 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 4492746 | 13011 | SH |  | SOLE |  | 0 | 0 | 13011 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 8755 | 1 | SH | Call | SOLE |  | 0 | 0 | 0 |
| VANECK ETF TRUST | SEMICONDUCTR ETF | 92189F676 |  | 980712 | 3005 | SH |  | SOLE |  | 0 | 0 | 3005 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 570339 | 2242 | SH |  | SOLE |  | 0 | 0 | 2242 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 13606485 | 28369 | SH |  | SOLE |  | 0 | 0 | 28369 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 1126029 | 12319 | SH |  | SOLE |  | 0 | 0 | 12319 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 3646886 | 19556 | SH |  | SOLE |  | 0 | 0 | 19556 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 3202513 | 10903 | SH |  | SOLE |  | 0 | 0 | 10903 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 42192175 | 68901 | SH |  | SOLE |  | 0 | 0 | 68901 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 8378181 | 25530 | SH |  | SOLE |  | 0 | 0 | 25530 |
| VANGUARD INDEX FDS | EXTEND MKT ETF | 922908652 |  | 351481 | 1679 | SH |  | SOLE |  | 0 | 0 | 1679 |
| VANGUARD INDEX FDS | SM CP VAL ETF | 922908611 |  | 413024 | 1979 | SH |  | SOLE |  | 0 | 0 | 1979 |
| VANGUARD INDEX FDS | MCAP GR IDXVIP | 922908538 |  | 377215 | 1284 | SH |  | SOLE |  | 0 | 0 | 1284 |
| VANGUARD INTL EQUITY INDEX F | TT WRLD ST ETF | 922042742 |  | 6894273 | 50031 | SH |  | SOLE |  | 0 | 0 | 50031 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 305819 | 5645 | SH |  | SOLE |  | 0 | 0 | 5645 |
| VANGUARD MUN BD FDS | TAX EXEMPT BD | 922907746 |  | 312785 | 6247 | SH |  | SOLE |  | 0 | 0 | 6247 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 15269378 | 70760 | SH |  | SOLE |  | 0 | 0 | 70760 |
| VANGUARD STAR FDS | VG TL INTL STK F | 921909768 |  | 498712 | 6789 | SH |  | SOLE |  | 0 | 0 | 6789 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 517405 | 8634 | SH |  | SOLE |  | 0 | 0 | 8634 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 |  | 1576356 | 11184 | SH |  | SOLE |  | 0 | 0 | 11184 |
| VANGUARD WHITEHALL FDS | INTL HIGH ETF | 921946794 |  | 2637527 | 31147 | SH |  | SOLE |  | 0 | 0 | 31147 |
| VANGUARD WORLD FD | HEALTH CAR ETF | 92204A504 |  | 1739188 | 6700 | SH |  | SOLE |  | 0 | 0 | 6700 |
| VANGUARD WORLD FD | INF TECH ETF | 92204A702 |  | 11203959 | 15006 | SH |  | SOLE |  | 0 | 0 | 15006 |
| VANGUARD WORLD FD | MEGA GRWTH IND | 921910816 |  | 16098693 | 40005 | SH |  | SOLE |  | 0 | 0 | 40005 |
| VANGUARD WORLD FD | FINANCIALS ETF | 92204A405 |  | 254605 | 1940 | SH |  | SOLE |  | 0 | 0 | 1940 |
| VANGUARD WORLD FD | ENERGY ETF | 92204A306 |  | 1223237 | 9719 | SH |  | SOLE |  | 0 | 0 | 9719 |
| VANGUARD WORLD FD | CONSUM STP ETF | 92204A207 |  | 547153 | 2560 | SH |  | SOLE |  | 0 | 0 | 2560 |
| VANGUARD WORLD FD | COMM SRVC ETF | 92204A884 |  | 234475 | 1249 | SH |  | SOLE |  | 0 | 0 | 1249 |
| VANGUARD WORLD FD | ESG US STK ETF | 921910733 |  | 431714 | 3645 | SH |  | SOLE |  | 0 | 0 | 3645 |
| VANGUARD WORLD FD | INDUSTRIAL ETF | 92204A603 |  | 242069 | 817 | SH |  | SOLE |  | 0 | 0 | 817 |
| VANGUARD WORLD FD | CONSUM DIS ETF | 92204A108 |  | 286417 | 723 | SH |  | SOLE |  | 0 | 0 | 723 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 1326604 | 30184 | SH |  | SOLE |  | 0 | 0 | 30184 |
| VICTORY PORTFOLIOS II | VCSHS US 500 VOL | 92647N766 |  | 696819 | 7659 | SH |  | SOLE |  | 0 | 0 | 7659 |
| VIRTUS DIVIDEND INTEREST  P | COM | 92840R101 |  | 312240 | 24000 | SH |  | SOLE |  | 0 | 0 | 24000 |
| VISA INC | COM CL A | 92826C839 |  | 12404559 | 36336 | SH |  | SOLE |  | 0 | 0 | 36336 |
| VOYA ASIA PAC HIGH DIV EQT I | COM | 92912J102 |  | 804375 | 107250 | SH |  | SOLE |  | 0 | 0 | 107250 |
| VOYA EMERGING MKTS HIGH DIVI | COM | 92912P108 |  | 288417 | 46000 | SH |  | SOLE |  | 0 | 0 | 46000 |
| VOYA GLBL ADV  PREM OPP FD | COM | 92912R104 |  | 237584 | 23950 | SH |  | SOLE |  | 0 | 0 | 23950 |
| VOYA GLBL EQTY DIV  PREM OP | COM | 92912T100 |  | 617313 | 104100 | SH |  | SOLE |  | 0 | 0 | 104100 |
| VOYA INFRASTRUCTURE INDLS | COM | 92912X101 |  | 342066 | 28200 | SH |  | SOLE |  | 0 | 0 | 28200 |
| WALMART INC | COM | 931142103 |  | 7340944 | 71229 | SH |  | SOLE |  | 0 | 0 | 71229 |
| WARRIOR MET COAL INC | COM | 93627C101 |  | 5407491 | 84970 | SH |  | SOLE |  | 0 | 0 | 84970 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 3050349 | 36392 | SH |  | SOLE |  | 0 | 0 | 36392 |
| WESTERN ASSET HIGH INCOM FD | COM | 95766J102 |  | 1817430 | 417800 | SH |  | SOLE |  | 0 | 0 | 417800 |
| WESTERN ASSET HIGH INCOME OP | COM | 95766K109 |  | 247039 | 64333 | SH |  | SOLE |  | 0 | 0 | 64333 |
| WESTERN ASSET MANAGED MUNS F | COM | 95766M105 |  | 185086 | 17900 | SH |  | SOLE |  | 0 | 0 | 17900 |
| WESTERN AST INFL LKD OPP  I | COM | 95766R104 |  | 1389063 | 156250 | SH |  | SOLE |  | 0 | 0 | 156250 |
| WISDOMTREE TR | US QTLY DIV GRT | 97717X669 |  | 658425 | 7401 | SH |  | SOLE |  | 0 | 0 | 7401 |
| WISDOMTREE TR | EUROPE HEDGED EQ | 97717X701 |  | 298627 | 5925 | SH |  | SOLE |  | 0 | 0 | 5925 |
| WISDOMTREE TR | US EFFICIENT COR | 97717Y790 |  | 310966 | 5768 | SH |  | SOLE |  | 0 | 0 | 5768 |
| WP CAREY INC | COM | 92936U109 |  | 356162 | 5271 | SH |  | SOLE |  | 0 | 0 | 5271 |
| XAI MADISON EQUITY PREMIUM I | COM | 557437100 |  | 577512 | 93600 | SH |  | SOLE |  | 0 | 0 | 93600 |

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