# EDGAR Filing Document

**Accession Number:** 0001791996
**File Stem:** 0001791996-25-000007
**Filing Date:** 2025-10
**Character Count:** 27025
**Document Hash:** 3ea6f5eec008102003a05b1490ac993d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001791996-25-000007.hdr.sgml**: 20251017

**ACCESSION NUMBER**: 0001791996-25-000007

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251017

**DATE AS OF CHANGE**: 20251017

**EFFECTIVENESS DATE**: 20251017

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** 1900 WEALTH MANAGEMENT LLC
- **CENTRAL INDEX KEY:** 0001791996

**ORGANIZATION NAME:**
- **EIN:** 474748357
- **STATE OF INCORPORATION:** TX
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-20583
- **FILM NUMBER:** 251400482

**BUSINESS ADDRESS:**
- **STREET 1:** 1900 BROADWAY
- **STREET 2:** SUITE 900
- **CITY:** SAN ANTONIO
- **STATE:** TX
- **ZIP:** 78215
- **BUSINESS PHONE:** 210-736-7770

**MAIL ADDRESS:**
- **STREET 1:** 1900 BROADWAY
- **STREET 2:** SUITE 900
- **CITY:** SAN ANTONIO
- **STATE:** TX
- **ZIP:** 78215

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MONTICELLO WEALTH MANAGEMENT, LLC
- **DATE OF NAME CHANGE:** 20191023

### 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:** 1900 WEALTH MANAGEMENT LLC<br>**Address:** 1900 BROADWAY<br>SUITE 900<br>SAN ANTONIO, TX 78215

**Form 13F File Number:** 028-20583

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:** Richard Dullnig<br>**Title:** CCO<br>**Phone:** 2107367332

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

Richard Dullnig  San Antonio, TX  10-17-2025<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:** 233

**Form 13F Information Table Value Total:** $1475609155

      (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 |
| ALPS ETF TR | EQUAL SEC ETF | 00162Q205 |  | 1295837 | 28152 | SH |  | SOLE |  | 0 | 0 | 28152 |
| AT INC | COM | 00206R102 |  | 436074 | 15442 | SH |  | SOLE |  | 0 | 0 | 15442 |
| ABBOTT LABS | COM | 002824100 |  | 547858 | 4090 | SH |  | SOLE |  | 0 | 0 | 4090 |
| ABBVIE INC | COM | 00287Y109 |  | 1158970 | 5005 | SH |  | SOLE |  | 0 | 0 | 5005 |
| ADOBE INC | COM | 00724F101 |  | 1900617 | 5388 | SH |  | SOLE |  | 0 | 0 | 5388 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 2740376 | 11252 | SH |  | SOLE |  | 0 | 0 | 11252 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 2307090 | 9490 | SH |  | SOLE |  | 0 | 0 | 9490 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 347542 | 5261 | SH |  | SOLE |  | 0 | 0 | 5261 |
| KINETIK HOLDINGS INC | COM NEW CL A | 02215L209 |  | 383891 | 8982 | SH |  | SOLE |  | 0 | 0 | 8982 |
| AMAZON COM INC | COM | 023135106 |  | 5527455 | 25174 | SH |  | SOLE |  | 0 | 0 | 25174 |
| AMBEV SA | SPONSORED ADR | 02319V103 |  | 242749 | 108856 | SH |  | SOLE |  | 0 | 0 | 108856 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 407229 | 1226 | SH |  | SOLE |  | 0 | 0 | 1226 |
| ANALOG DEVICES INC | COM | 032654105 |  | 258979 | 1054 | SH |  | SOLE |  | 0 | 0 | 1054 |
| APPLE INC | COM | 037833100 |  | 7809491 | 30670 | SH |  | SOLE |  | 0 | 0 | 30670 |
| ARISTA NETWORKS INC | COM SHS | 040413205 |  | 617519 | 4238 | SH |  | SOLE |  | 0 | 0 | 4238 |
| AUTODESK INC | COM | 052769106 |  | 1006062 | 3167 | SH |  | SOLE |  | 0 | 0 | 3167 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 511571 | 1743 | SH |  | SOLE |  | 0 | 0 | 1743 |
| BANK NEW YORK MELLON CORP | COM | 064058100 |  | 438238 | 4022 | SH |  | SOLE |  | 0 | 0 | 4022 |
| BANK NOVA SCOTIA HALIFAX | COM | 064149107 |  | 588057 | 9096 | SH |  | SOLE |  | 0 | 0 | 9096 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 |  | 6033600 | 8 | SH |  | SOLE |  | 0 | 0 | 8 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 2600675 | 5173 | SH |  | SOLE |  | 0 | 0 | 5173 |
| BLACKSTONE INC | COM | 09260D107 |  | 258665 | 1514 | SH |  | SOLE |  | 0 | 0 | 1514 |
| BLACKROCK SCIENCE  TECHNOLO | SHS BEN INT | 09260K101 |  | 299692 | 13524 | SH |  | SOLE |  | 0 | 0 | 13524 |
| BRAND ENGAGEMENT NETWORK INC | COM | 104932108 |  | 14231 | 48588 | SH |  | SOLE |  | 0 | 0 | 48588 |
| BROADCOM INC | COM | 11135F101 |  | 1848584 | 5603 | SH |  | SOLE |  | 0 | 0 | 5603 |
| CME GROUP INC | COM | 12572Q105 |  | 529045 | 1958 | SH |  | SOLE |  | 0 | 0 | 1958 |
| CSW INDUSTRIALS INC | COM | 126402106 |  | 4435528 | 18272 | SH |  | SOLE |  | 0 | 0 | 18272 |
| CADENCE DESIGN SYSTEM INC | COM | 127387108 |  | 432050 | 1230 | SH |  | SOLE |  | 0 | 0 | 1230 |
| CAPITAL SOUTHWEST CORP | COM | 140501107 |  | 399426 | 18272 | SH |  | SOLE |  | 0 | 0 | 18272 |
| CATERPILLAR INC | COM | 149123101 |  | 2631799 | 5516 | SH |  | SOLE |  | 0 | 0 | 5516 |
| CHEVRON CORP NEW | COM | 166764100 |  | 884688 | 5697 | SH |  | SOLE |  | 0 | 0 | 5697 |
| CISCO SYS INC | COM | 17275R102 |  | 317872 | 4646 | SH |  | SOLE |  | 0 | 0 | 4646 |
| COCA COLA CO | COM | 191216100 |  | 412206 | 6201 | SH |  | SOLE |  | 0 | 0 | 6201 |
| COMERICA INC | COM | 200340107 |  | 290972 | 4203 | SH |  | SOLE |  | 0 | 0 | 4203 |
| CORE SCIENTIFIC INC NEW | CALL | 21874A106 |  | 642450 | 35811 | SH |  | SOLE |  | 0 | 0 | 35811 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 433264 | 468 | SH |  | SOLE |  | 0 | 0 | 468 |
| CULLEN FROST BANKERS INC | COM | 229899109 |  | 1127722 | 8896 | SH |  | SOLE |  | 0 | 0 | 8896 |
| DANAHER CORPORATION | COM | 235851102 |  | 369324 | 1860 | SH |  | SOLE |  | 0 | 0 | 1860 |
| DEERE  CO | COM | 244199105 |  | 717474 | 1568 | SH |  | SOLE |  | 0 | 0 | 1568 |
| DIAGEO PLC | SPON ADR NEW | 25243Q205 |  | 308812 | 3236 | SH |  | SOLE |  | 0 | 0 | 3236 |
| DIMENSIONAL ETF TRUST | INTL CORE EQT MK | 25434V203 |  | 6819177 | 187598 | SH |  | SOLE |  | 0 | 0 | 187598 |
| DIMENSIONAL ETF TRUST | EMGR CRE EQT MNG | 25434V302 |  | 1863151 | 59091 | SH |  | SOLE |  | 0 | 0 | 59091 |
| DIMENSIONAL ETF TRUST | US EQUITY MARKET | 25434V401 |  | 55460810 | 765610 | SH |  | SOLE |  | 0 | 0 | 765610 |
| DIMENSIONAL ETF TRUST | US SMALL CAP ETF | 25434V500 |  | 9044187 | 132109 | SH |  | SOLE |  | 0 | 0 | 132109 |
| DIMENSIONAL ETF TRUST | US TARGETED VLU | 25434V609 |  | 5001854 | 85928 | SH |  | SOLE |  | 0 | 0 | 85928 |
| DIMENSIONAL ETF TRUST | US CORE EQUITY 2 | 25434V708 |  | 2789611 | 72326 | SH |  | SOLE |  | 0 | 0 | 72326 |
| DIMENSIONAL ETF TRUST | US MKTWIDE VALUE | 25434V724 |  | 23267317 | 520638 | SH |  | SOLE |  | 0 | 0 | 520638 |
| DIMENSIONAL ETF TRUST | INTL CORE EQUITY | 25434V799 |  | 534412 | 16298 | SH |  | SOLE |  | 0 | 0 | 16298 |
| DIMENSIONAL ETF TRUST | INTERNATNAL VAL | 25434V807 |  | 5773546 | 125185 | SH |  | SOLE |  | 0 | 0 | 125185 |
| DISNEY WALT CO | COM | 254687106 |  | 258736 | 2260 | SH |  | SOLE |  | 0 | 0 | 2260 |
| DONALDSON INC | COM | 257651109 |  | 236056 | 2884 | SH |  | SOLE |  | 0 | 0 | 2884 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 354923 | 2973 | SH |  | SOLE |  | 0 | 0 | 2973 |
| EOG RES INC | COM | 26875P101 |  | 208319 | 1858 | SH |  | SOLE |  | 0 | 0 | 1858 |
| EMERSON ELEC CO | COM | 291011104 |  | 315751 | 2407 | SH |  | SOLE |  | 0 | 0 | 2407 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 3537884 | 206170 | SH |  | SOLE |  | 0 | 0 | 206170 |
| EQUIFAX INC | COM | 294429105 |  | 1096459 | 4274 | SH |  | SOLE |  | 0 | 0 | 4274 |
| ETSY INC | COM | 29786A106 |  | 1764580 | 26579 | SH |  | SOLE |  | 0 | 0 | 26579 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 4445649 | 39429 | SH |  | SOLE |  | 0 | 0 | 39429 |
| META PLATFORMS INC | CL A | 30303M102 |  | 657913 | 896 | SH |  | SOLE |  | 0 | 0 | 896 |
| FIRST FINL BANKSHARES INC | COM | 32020R109 |  | 790338 | 23487 | SH |  | SOLE |  | 0 | 0 | 23487 |
| FIRST TR EXCHANGE-TRADED FD | SHS | 336917109 |  | 1632391 | 37604 | SH |  | SOLE |  | 0 | 0 | 37604 |
| FRANKLIN ELEC INC | COM | 353514102 |  | 318920 | 3350 | SH |  | SOLE |  | 0 | 0 | 3350 |
| GE AEROSPACE | COM NEW | 369604301 |  | 254199 | 845 | SH |  | SOLE |  | 0 | 0 | 845 |
| GLOBAL X FDS | GLOBX SUPDV US | 37950E291 |  | 181623 | 10267 | SH |  | SOLE |  | 0 | 0 | 10267 |
| GLOBAL X FDS | S 500 COVERED | 37954Y475 |  | 1046907 | 26666 | SH |  | SOLE |  | 0 | 0 | 26666 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 620531 | 779 | SH |  | SOLE |  | 0 | 0 | 779 |
| GOLDMAN SACHS ETF TR | ACTIVEBETA INT | 381430107 |  | 11288479 | 274592 | SH |  | SOLE |  | 0 | 0 | 274592 |
| GOLDMAN SACHS ETF TR | ACTIVEBETA EME | 381430206 |  | 3142956 | 77166 | SH |  | SOLE |  | 0 | 0 | 77166 |
| GOLDMAN SACHS ETF TR | ACTIVEBETA US LG | 381430503 |  | 27342358 | 209874 | SH |  | SOLE |  | 0 | 0 | 209874 |
| GOLDMAN SACHS ETF TR | ACTIVEBETA US | 381430602 |  | 10493681 | 140121 | SH |  | SOLE |  | 0 | 0 | 140121 |
| HOME DEPOT INC | COM | 437076102 |  | 2056262 | 5075 | SH |  | SOLE |  | 0 | 0 | 5075 |
| HONEYWELL INTL INC | COM | 438516106 |  | 559088 | 2656 | SH |  | SOLE |  | 0 | 0 | 2656 |
| IDEXX LABS INC | COM | 45168D104 |  | 544335 | 852 | SH |  | SOLE |  | 0 | 0 | 852 |
| INTEL CORP | COM | 458140100 |  | 307270 | 9159 | SH |  | SOLE |  | 0 | 0 | 9159 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 218675 | 775 | SH |  | SOLE |  | 0 | 0 | 775 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 935512 | 1558 | SH |  | SOLE |  | 0 | 0 | 1558 |
| INVESCO EXCHANGE TRADED FD T | S QUALITY | 46137V241 |  | 539572 | 7362 | SH |  | SOLE |  | 0 | 0 | 7362 |
| INVESCO EXCHANGE TRADED FD T | S 500 GARP ETF | 46137V431 |  | 8084699 | 71156 | SH |  | SOLE |  | 0 | 0 | 71156 |
| INVESCO EXCHANGE TRADED FD T | RAFI US 1000 ETF | 46137V613 |  | 493377 | 10913 | SH |  | SOLE |  | 0 | 0 | 10913 |
| INVESCO EXCH TRADED FD TR II | S MIDCP LOW | 46138E198 |  | 989824 | 15573 | SH |  | SOLE |  | 0 | 0 | 15573 |
| INVESCO EXCH TRADED FD TR II | S INTL QULTY | 46138E214 |  | 1505506 | 44740 | SH |  | SOLE |  | 0 | 0 | 44740 |
| INVESCO EXCH TRADED FD TR II | NATL AMT MUNI | 46138E537 |  | 4304345 | 186416 | SH |  | SOLE |  | 0 | 0 | 186416 |
| INVESCO EXCH TRADED FD TR II | DORSEY WRGT SMLC | 46138E842 |  | 1449785 | 15731 | SH |  | SOLE |  | 0 | 0 | 15731 |
| INVESCO EXCH TRD SLF IDX FD | BLOOMBERG PRICIN | 46138J775 |  | 6821471 | 75357 | SH |  | SOLE |  | 0 | 0 | 75357 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 |  | 225951 | 3105 | SH |  | SOLE |  | 0 | 0 | 3105 |
| ISHARES TR | S 100 ETF | 464287101 |  | 289180 | 869 | SH |  | SOLE |  | 0 | 0 | 869 |
| ISHARES TR | CORE S TTL STK | 464287150 |  | 15666647 | 107564 | SH |  | SOLE |  | 0 | 0 | 107564 |
| ISHARES TR | CORE S ETF | 464287200 |  | 46614518 | 69647 | SH |  | SOLE |  | 0 | 0 | 69647 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 278055 | 5207 | SH |  | SOLE |  | 0 | 0 | 5207 |
| ISHARES TR | S 500 GRWT ETF | 464287309 |  | 261721 | 2168 | SH |  | SOLE |  | 0 | 0 | 2168 |
| ISHARES TR | RUS MID CAP ETF | 464287499 |  | 2240124 | 23202 | SH |  | SOLE |  | 0 | 0 | 23202 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 1008666 | 15456 | SH |  | SOLE |  | 0 | 0 | 15456 |
| ISHARES TR | EXPND TEC SC ETF | 464287549 |  | 226710 | 1800 | SH |  | SOLE |  | 0 | 0 | 1800 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 |  | 4021514 | 19753 | SH |  | SOLE |  | 0 | 0 | 19753 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 9709780 | 20729 | SH |  | SOLE |  | 0 | 0 | 20729 |
| ISHARES TR | RUS 1000 ETF | 464287622 |  | 11147368 | 30501 | SH |  | SOLE |  | 0 | 0 | 30501 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 1204880 | 4980 | SH |  | SOLE |  | 0 | 0 | 4980 |
| ISHARES TR | CORE S US VLU | 464287663 |  | 1297020 | 12977 | SH |  | SOLE |  | 0 | 0 | 12977 |
| ISHARES TR | CORE S US GWT | 464287671 |  | 5856492 | 35593 | SH |  | SOLE |  | 0 | 0 | 35593 |
| ISHARES TR | RUSSELL 3000 ETF | 464287689 |  | 613323 | 1619 | SH |  | SOLE |  | 0 | 0 | 1619 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 6263210 | 52707 | SH |  | SOLE |  | 0 | 0 | 52707 |
| ISHARES TR | SHRT NAT MUN ETF | 464288158 |  | 526259 | 4928 | SH |  | SOLE |  | 0 | 0 | 4928 |
| ISHARES TR | NATIONAL MUN ETF | 464288414 |  | 552550 | 5189 | SH |  | SOLE |  | 0 | 0 | 5189 |
| ISHARES TR | INTL SEL DIV ETF | 464288448 |  | 410238 | 11224 | SH |  | SOLE |  | 0 | 0 | 11224 |
| ISHARES TR | ESG MSCI KLD 400 | 464288570 |  | 209455 | 1663 | SH |  | SOLE |  | 0 | 0 | 1663 |
| ISHARES TR | MBS ETF | 464288588 |  | 495447 | 5207 | SH |  | SOLE |  | 0 | 0 | 5207 |
| ISHARES TR | USD INV GRDE ETF | 464288620 |  | 560687 | 10737 | SH |  | SOLE |  | 0 | 0 | 10737 |
| ISHARES TR | EAFE GRWTH ETF | 464288885 |  | 5969486 | 52419 | SH |  | SOLE |  | 0 | 0 | 52419 |
| ISHARES TR | CORE HIGH DV ETF | 46429B663 |  | 1293243 | 10561 | SH |  | SOLE |  | 0 | 0 | 10561 |
| ISHARES TR | MSCI EAFE MIN VL | 46429B689 |  | 636173 | 7499 | SH |  | SOLE |  | 0 | 0 | 7499 |
| ISHARES TR | MSCI USA MIN VOL | 46429B697 |  | 5480844 | 57608 | SH |  | SOLE |  | 0 | 0 | 57608 |
| ISHARES U S ETF TR | SHORT MATURITY M | 46431W838 |  | 1554547 | 30777 | SH |  | SOLE |  | 0 | 0 | 30777 |
| ISHARES TR | MSCI USA QLT FCT | 46432F339 |  | 37490062 | 192751 | SH |  | SOLE |  | 0 | 0 | 192751 |
| ISHARES TR | MSCI USA MMENTM | 46432F396 |  | 34490079 | 134490 | SH |  | SOLE |  | 0 | 0 | 134490 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 |  | 2011945 | 30521 | SH |  | SOLE |  | 0 | 0 | 30521 |
| ISHARES TR | MSCI INTL MOMENT | 46434V449 |  | 3838128 | 80161 | SH |  | SOLE |  | 0 | 0 | 80161 |
| ISHARES TR | MSCI INTL QUALTY | 46434V456 |  | 8290644 | 187614 | SH |  | SOLE |  | 0 | 0 | 187614 |
| ISHARES TR | IBONDS DEC2026 | 46435GAA0 |  | 529711 | 21799 | SH |  | SOLE |  | 0 | 0 | 21799 |
| ISHARES TR | IBDS DEC28 ETF | 46435U515 |  | 538935 | 21118 | SH |  | SOLE |  | 0 | 0 | 21118 |
| ISHARES TR | IBONDS 27 ETF | 46435UAA9 |  | 533991 | 21939 | SH |  | SOLE |  | 0 | 0 | 21939 |
| ISHARES TR | IBONDS DEC 29 | 46436E205 |  | 508877 | 21682 | SH |  | SOLE |  | 0 | 0 | 21682 |
| ISHARES TR | 0-3 MNTH TREASRY | 46436E718 |  | 1911131 | 18978 | SH |  | SOLE |  | 0 | 0 | 18978 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 2932959 | 9298 | SH |  | SOLE |  | 0 | 0 | 9298 |
| J P MORGAN EXCHANGE TRADED F | EQUITY PREMIUM | 46641Q332 |  | 352079 | 6166 | SH |  | SOLE |  | 0 | 0 | 6166 |
| J P MORGAN EXCHANGE TRADED F | MUNICIPAL ETF | 46641Q647 |  | 59260020 | 1174163 | SH |  | SOLE |  | 0 | 0 | 1174163 |
| J P MORGAN EXCHANGE TRADED F | ULTRA SHT MUNCPL | 46641Q654 |  | 1834685 | 35946 | SH |  | SOLE |  | 0 | 0 | 35946 |
| J P MORGAN EXCHANGE TRADED F | DIVERSFED RTRN | 46641Q886 |  | 5155723 | 47542 | SH |  | SOLE |  | 0 | 0 | 47542 |
| JANUS DETROIT STR TR | HENDRSON AAA CL | 47103U845 |  | 131430530 | 2588234 | SH |  | SOLE |  | 0 | 0 | 2588234 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 1046622 | 5645 | SH |  | SOLE |  | 0 | 0 | 5645 |
| KKR  CO INC | COM | 48251W104 |  | 222735 | 1714 | SH |  | SOLE |  | 0 | 0 | 1714 |
| KAYNE ANDERSON ENERGY INFRST | COM | 486606106 |  | 290188 | 23459 | SH |  | SOLE |  | 0 | 0 | 23459 |
| KIMBERLY-CLARK CORP | COM | 494368103 |  | 221855 | 1772 | SH |  | SOLE |  | 0 | 0 | 1772 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 385725 | 13625 | SH |  | SOLE |  | 0 | 0 | 13625 |
| KROGER CO | COM | 501044101 |  | 274972 | 4079 | SH |  | SOLE |  | 0 | 0 | 4079 |
| ELI LILLY  CO | COM | 532457108 |  | 837654 | 1098 | SH |  | SOLE |  | 0 | 0 | 1098 |
| LISTED FDS TR | ROUNDHILL MAGNIF | 53656G498 |  | 219357 | 3382 | SH |  | SOLE |  | 0 | 0 | 3382 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 335501 | 672 | SH |  | SOLE |  | 0 | 0 | 672 |
| LOWES COS INC | COM | 548661107 |  | 269986 | 1074 | SH |  | SOLE |  | 0 | 0 | 1074 |
| MARATHON PETE CORP | COM | 56585A102 |  | 339552 | 1762 | SH |  | SOLE |  | 0 | 0 | 1762 |
| MARTIN MARIETTA MATLS INC | COM | 573284106 |  | 1209672 | 1919 | SH |  | SOLE |  | 0 | 0 | 1919 |
| MCDONALDS CORP | COM | 580135101 |  | 889711 | 2928 | SH |  | SOLE |  | 0 | 0 | 2928 |
| MERCK  CO INC | COM | 58933Y105 |  | 497518 | 5903 | SH |  | SOLE |  | 0 | 0 | 5903 |
| METTLER TOLEDO INTERNATIONAL | COM | 592688105 |  | 330228 | 269 | SH |  | SOLE |  | 0 | 0 | 269 |
| MICROSOFT CORP | COM | 594918104 |  | 6715166 | 12965 | SH |  | SOLE |  | 0 | 0 | 12965 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 278174 | 1663 | SH |  | SOLE |  | 0 | 0 | 1663 |
| NIKE INC | CL B | 654106103 |  | 530421 | 7605 | SH |  | SOLE |  | 0 | 0 | 7605 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 734803 | 2446 | SH |  | SOLE |  | 0 | 0 | 2446 |
| NORTHERN DYNASTY MINERALS LT | COM NEW | 66510M204 |  | 12600 | 10500 | SH |  | SOLE |  | 0 | 0 | 10500 |
| NOVARTIS AG | SPONSORED ADR | 66987V109 |  | 755719 | 5893 | SH |  | SOLE |  | 0 | 0 | 5893 |
| NOVO-NORDISK A S | ADR | 670100205 |  | 336769 | 6069 | SH |  | SOLE |  | 0 | 0 | 6069 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 1676788 | 8987 | SH |  | SOLE |  | 0 | 0 | 8987 |
| ORACLE CORP | COM | 68389X105 |  | 1096503 | 3899 | SH |  | SOLE |  | 0 | 0 | 3899 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 337195 | 1656 | SH |  | SOLE |  | 0 | 0 | 1656 |
| PEPSICO INC | COM | 713448108 |  | 325764 | 2320 | SH |  | SOLE |  | 0 | 0 | 2320 |
| REVVITY INC | COM | 714046109 |  | 287142 | 3276 | SH |  | SOLE |  | 0 | 0 | 3276 |
| PFIZER INC | COM | 717081103 |  | 538627 | 21139 | SH |  | SOLE |  | 0 | 0 | 21139 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 1031431 | 6359 | SH |  | SOLE |  | 0 | 0 | 6359 |
| PIMCO ETF TR | ENHAN SHRT MA AC | 72201R833 |  | 218649 | 2172 | SH |  | SOLE |  | 0 | 0 | 2172 |
| PIMCO ETF TR | INTER MUN BD ACT | 72201R866 |  | 367581 | 7031 | SH |  | SOLE |  | 0 | 0 | 7031 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 1050761 | 6839 | SH |  | SOLE |  | 0 | 0 | 6839 |
| PULTE GROUP INC | COM | 745867101 |  | 1136583 | 8602 | SH |  | SOLE |  | 0 | 0 | 8602 |
| QUALCOMM INC | COM | 747525103 |  | 551982 | 3318 | SH |  | SOLE |  | 0 | 0 | 3318 |
| RTX CORPORATION | COM | 75513E101 |  | 213179 | 1274 | SH |  | SOLE |  | 0 | 0 | 1274 |
| ROCKWELL AUTOMATION INC | COM | 773903109 |  | 435196 | 1245 | SH |  | SOLE |  | 0 | 0 | 1245 |
| ROPER TECHNOLOGIES INC | COM | 776696106 |  | 511158 | 1025 | SH |  | SOLE |  | 0 | 0 | 1025 |
| SHELL PLC | SPON ADS | 780259305 |  | 438105 | 6125 | SH |  | SOLE |  | 0 | 0 | 6125 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 7069396 | 10609 | SH |  | SOLE |  | 0 | 0 | 10609 |
| SPDR SERIES TRUST | NUVEEN ICE HIGH | 78464A284 |  | 865403 | 34713 | SH |  | SOLE |  | 0 | 0 | 34713 |
| SPDR SERIES TRUST | PRTFLO S GW | 78464A409 |  | 203586 | 1948 | SH |  | SOLE |  | 0 | 0 | 1948 |
| SPDR SERIES TRUST | PRTFLO S VL | 78464A508 |  | 8404725 | 151902 | SH |  | SOLE |  | 0 | 0 | 151902 |
| SPDR SERIES TRUST | PORTFOLIO S | 78464A847 |  | 39564521 | 691808 | SH |  | SOLE |  | 0 | 0 | 691808 |
| SPDR SERIES TRUST | PORTFOLIO S | 78464A854 |  | 442514537 | 5648641 | SH |  | SOLE |  | 0 | 0 | 5648641 |
| SPDR SERIES TRUST | NUVEEN ICE MUNIC | 78468R721 |  | 1068112 | 23439 | SH |  | SOLE |  | 0 | 0 | 23439 |
| SPDR SERIES TRUST | PRTFLO S HI | 78468R788 |  | 1285953 | 29226 | SH |  | SOLE |  | 0 | 0 | 29226 |
| SPDR SERIES TRUST | PORTFOLIO S | 78468R853 |  | 4066390 | 87789 | SH |  | SOLE |  | 0 | 0 | 87789 |
| SABINE RTY TR | UNIT BEN INT | 785688102 |  | 469429 | 5908 | SH |  | SOLE |  | 0 | 0 | 5908 |
| SCHWAB STRATEGIC TR | US LRG CAP ETF | 808524201 |  | 3410854 | 129493 | SH |  | SOLE |  | 0 | 0 | 129493 |
| SCHWAB STRATEGIC TR | US MID-CAP ETF | 808524508 |  | 1392285 | 46973 | SH |  | SOLE |  | 0 | 0 | 46973 |
| SCHWAB STRATEGIC TR | FUNDAMENTAL INTL | 808524755 |  | 10535646 | 245243 | SH |  | SOLE |  | 0 | 0 | 245243 |
| SCHWAB STRATEGIC TR | INTL EQTY ETF | 808524805 |  | 2504137 | 107566 | SH |  | SOLE |  | 0 | 0 | 107566 |
| SCHWAB STRATEGIC TR | US AGGREGATE B | 808524839 |  | 224064 | 9547 | SH |  | SOLE |  | 0 | 0 | 9547 |
| SELECT SECTOR SPDR TR | SBI HEALTHCARE | 81369Y209 |  | 274401 | 1972 | SH |  | SOLE |  | 0 | 0 | 1972 |
| SELECT SECTOR SPDR TR | SBI CONS DISCR | 81369Y407 |  | 383001 | 1598 | SH |  | SOLE |  | 0 | 0 | 1598 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 |  | 1465180 | 5198 | SH |  | SOLE |  | 0 | 0 | 5198 |
| SELECT SECTOR SPDR TR | RL EST SEL SEC | 81369Y860 |  | 755054 | 17922 | SH |  | SOLE |  | 0 | 0 | 17922 |
| SIMMONS 1ST NATL CORP | CL A $1 PAR | 828730200 |  | 455865 | 23514 | SH |  | SOLE |  | 0 | 0 | 23514 |
| SOUTHWEST AIRLS CO | COM | 844741108 |  | 856512 | 26841 | SH |  | SOLE |  | 0 | 0 | 26841 |
| SUNOCO LP/SUNOCO FIN CORP | COM UT REP LP | 86765K109 |  | 235639 | 4712 | SH |  | SOLE |  | 0 | 0 | 4712 |
| SYNOPSYS INC | COM | 871607107 |  | 1739200 | 3525 | SH |  | SOLE |  | 0 | 0 | 3525 |
| T ROWE PRICE ETF INC | QM US BOND ETF | 87283Q602 |  | 265296 | 6161 | SH |  | SOLE |  | 0 | 0 | 6161 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 1148953 | 4113 | SH |  | SOLE |  | 0 | 0 | 4113 |
| TESLA INC | COM | 88160R101 |  | 593702 | 1335 | SH |  | SOLE |  | 0 | 0 | 1335 |
| TEXAS PACIFIC LAND CORPORATI | COM | 88262P102 |  | 5425383 | 5811 | SH |  | SOLE |  | 0 | 0 | 5811 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 529639 | 1091 | SH |  | SOLE |  | 0 | 0 | 1091 |
| TRIMBLE INC | COM | 896239100 |  | 715499 | 8763 | SH |  | SOLE |  | 0 | 0 | 8763 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 558821 | 5704 | SH |  | SOLE |  | 0 | 0 | 5704 |
| UNILEVER PLC | SPON ADR NEW | 904767704 |  | 406794 | 6862 | SH |  | SOLE |  | 0 | 0 | 6862 |
| UNION PAC CORP | COM | 907818108 |  | 484795 | 2051 | SH |  | SOLE |  | 0 | 0 | 2051 |
| UNITED RENTALS INC | COM | 911363109 |  | 217491 | 228 | SH |  | SOLE |  | 0 | 0 | 228 |
| VANGUARD WORLD FD | MEGA GRWTH IND | 921910816 |  | 3639331 | 9044 | SH |  | SOLE |  | 0 | 0 | 9044 |
| VANGUARD WORLD FD | MEGA CAP INDEX | 921910873 |  | 3691008 | 15121 | SH |  | SOLE |  | 0 | 0 | 15121 |
| VANGUARD ADMIRAL FDS INC | 500 GRTH IDX F | 921932505 |  | 2556393 | 5871 | SH |  | SOLE |  | 0 | 0 | 5871 |
| VANGUARD ADMIRAL FDS INC | 500 VAL IDX FD | 921932703 |  | 416815 | 2090 | SH |  | SOLE |  | 0 | 0 | 2090 |
| VANGUARD ADMIRAL FDS INC | MIDCP 400 IDX | 921932885 |  | 492406 | 4461 | SH |  | SOLE |  | 0 | 0 | 4461 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 |  | 311021 | 4182 | SH |  | SOLE |  | 0 | 0 | 4182 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 27696605 | 462226 | SH |  | SOLE |  | 0 | 0 | 462226 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 |  | 2712025 | 19241 | SH |  | SOLE |  | 0 | 0 | 19241 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 5840933 | 107806 | SH |  | SOLE |  | 0 | 0 | 107806 |
| VANGUARD WORLD FD | HEALTH CAR ETF | 92204A504 |  | 278810 | 1074 | SH |  | SOLE |  | 0 | 0 | 1074 |
| VANGUARD SCOTTSDALE FDS | VNG RUS3000IDX | 92206C599 |  | 2769840 | 9411 | SH |  | SOLE |  | 0 | 0 | 9411 |
| VANGUARD SCOTTSDALE FDS | VNG RUS2000GRW | 92206C623 |  | 801044 | 3427 | SH |  | SOLE |  | 0 | 0 | 3427 |
| VANGUARD SCOTTSDALE FDS | VNG RUS2000VAL | 92206C649 |  | 615379 | 3948 | SH |  | SOLE |  | 0 | 0 | 3948 |
| VANGUARD SCOTTSDALE FDS | VNG RUS2000IDX | 92206C664 |  | 9027484 | 92287 | SH |  | SOLE |  | 0 | 0 | 92287 |
| VANGUARD SCOTTSDALE FDS | VNG RUS1000VAL | 92206C714 |  | 1251091 | 13999 | SH |  | SOLE |  | 0 | 0 | 13999 |
| VANGUARD SCOTTSDALE FDS | VNG RUS1000IDX | 92206C730 |  | 20814616 | 68843 | SH |  | SOLE |  | 0 | 0 | 68843 |
| VANGUARD MUN BD FDS | TAX EXEMPT BD | 922907746 |  | 4993730 | 99735 | SH |  | SOLE |  | 0 | 0 | 99735 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 6753108 | 11028 | SH |  | SOLE |  | 0 | 0 | 11028 |
| VANGUARD INDEX FDS | MCAP GR IDXVIP | 922908538 |  | 200880 | 684 | SH |  | SOLE |  | 0 | 0 | 684 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 8549046 | 29103 | SH |  | SOLE |  | 0 | 0 | 29103 |
| VANGUARD INDEX FDS | LARGE CAP ETF | 922908637 |  | 8640046 | 28058 | SH |  | SOLE |  | 0 | 0 | 28058 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 4459061 | 9297 | SH |  | SOLE |  | 0 | 0 | 9297 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 730854 | 3919 | SH |  | SOLE |  | 0 | 0 | 3919 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 606458 | 2385 | SH |  | SOLE |  | 0 | 0 | 2385 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 9233148 | 28103 | SH |  | SOLE |  | 0 | 0 | 28103 |
| VERITEX HLDGS INC | COM | 923451108 |  | 586239 | 17484 | SH |  | SOLE |  | 0 | 0 | 17484 |
| VICTORY PORTFOLIOS II | CORE INTRMEDIATE | 92647X863 |  | 92085614 | 4176218 | SH |  | SOLE |  | 0 | 0 | 4176218 |
| VISA INC | COM CL A | 92826C839 |  | 1378933 | 4039 | SH |  | SOLE |  | 0 | 0 | 4039 |
| WALMART INC | COM | 931142103 |  | 1196641 | 11611 | SH |  | SOLE |  | 0 | 0 | 11611 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 806462 | 9621 | SH |  | SOLE |  | 0 | 0 | 9621 |
| WILLIAMS COS INC | COM | 969457100 |  | 242757 | 3832 | SH |  | SOLE |  | 0 | 0 | 3832 |
| WISDOMTREE TR | US LARGECAP DIVD | 97717W307 |  | 5439432 | 62501 | SH |  | SOLE |  | 0 | 0 | 62501 |
| ICON PLC | SHS | G4705A100 |  | 407225 | 2327 | SH |  | SOLE |  | 0 | 0 | 2327 |
| ASML HOLDING N V | N Y REGISTRY SHS | N07059210 |  | 753175 | 778 | SH |  | SOLE |  | 0 | 0 | 778 |

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