# EDGAR Filing Document

**Accession Number:** 0001696867
**File Stem:** 0001696867-23-000001
**Filing Date:** 2023-1
**Character Count:** 25763
**Document Hash:** 1aecab2b689d54cf5915d8c1799f52c7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001696867-23-000001.hdr.sgml**: 20230109

**ACCESSION NUMBER**: 0001696867-23-000001

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230109

**DATE AS OF CHANGE**: 20230109

**EFFECTIVENESS DATE**: 20230109

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Radnor Capital Management, LLC
- **CENTRAL INDEX KEY:** 0001696867
- **IRS NUMBER:** 453691784
- **STATE OF INCORPORATION:** PA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-17625
- **FILM NUMBER:** 23517973

**BUSINESS ADDRESS:**
- **STREET 1:** 38 WEST AVENUE
- **CITY:** WAYNE
- **STATE:** PA
- **ZIP:** 19087
- **BUSINESS PHONE:** (610) 674-0401

**MAIL ADDRESS:**
- **STREET 1:** 38 WEST AVENUE
- **CITY:** WAYNE
- **STATE:** PA
- **ZIP:** 19087

### 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:** Radnor Capital Management LLC<br>**Address:** 38 WEST AVENUE<br>WAYNE, PA 19087

**Form 13F File Number:** 028-17625

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:** Ashleigh Swayze<br>**Title:** Counsel<br>**Phone:** 6463953900

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

Ashleigh Swayze  Newtown, PA  01-09-2023<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:** 241

**Form 13F Information Table Value Total:** $408764

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| 3M CO | COM | 88579y101 |  | 5677 | 44596 | SH |  | SOLE |  | 0 | 0 | 44596 |
| ABBOTT LABS | COM | 002824100 |  | 1837 | 16471 | SH |  | SOLE |  | 0 | 0 | 16471 |
| ABBVIE INC | COM | 00287y109 |  | 2532 | 15366 | SH |  | SOLE |  | 0 | 0 | 15366 |
| ACADEMY SPORTS  OUTDOORS IN | COM | 00402l107 |  | 715 | 13040 | SH |  | SOLE |  | 0 | 0 | 13040 |
| ACCENTURE PLC IRELAND | SHS CLASS A | g1151c101 |  | 5369 | 18180 | SH |  | SOLE |  | 0 | 0 | 18180 |
| AEROVIRONMENT INC | COM | 008073108 |  | 667 | 7765 | SH |  | SOLE |  | 0 | 0 | 7765 |
| AGCO CORP | COM | 001084102 |  | 1148 | 8595 | SH |  | SOLE |  | 0 | 0 | 8595 |
| AIR PRODS  CHEMS INC | COM | 009158106 |  | 1524 | 4685 | SH |  | SOLE |  | 0 | 0 | 4685 |
| ALBEMARLE CORP | COM | 012653101 |  | 426 | 1625 | SH |  | SOLE |  | 0 | 0 | 1625 |
| ALPHABET INC | CAP STK CL A | 02079k305 |  | 1517 | 15860 | SH |  | SOLE |  | 0 | 0 | 15860 |
| ALPHABET INC | CAP STK CL C | 02079k107 |  | 688 | 7180 | SH |  | SOLE |  | 0 | 0 | 7180 |
| ALTRIA GROUP INC | COM | 02209s103 |  | 873 | 18659 | SH |  | SOLE |  | 0 | 0 | 18659 |
| AMERICAN EAGLE OUTFITTERS IN | COM | 02553e106 |  | 266 | 17220 | SH |  | SOLE |  | 0 | 0 | 17220 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 |  | 991 | 10053 | SH |  | SOLE |  | 0 | 0 | 10053 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 769 | 4885 | SH |  | SOLE |  | 0 | 0 | 4885 |
| AMERICAN INTL GROUP INC | COM NEW | 026874784 |  | 819 | 12880 | SH |  | SOLE |  | 0 | 0 | 12880 |
| AMERICAN TOWER CORP NEW | COM | 03027x100 |  | 555 | 2483 | SH |  | SOLE |  | 0 | 0 | 2483 |
| AMETEK INC | COM | 031100100 |  | 201 | 1400 | SH |  | SOLE |  | 0 | 0 | 1400 |
| AMGEN INC | COM | 031162100 |  | 2126 | 7810 | SH |  | SOLE |  | 0 | 0 | 7810 |
| ANALOG DEVICES INC | COM | 032654105 |  | 211 | 1200 | SH |  | SOLE |  | 0 | 0 | 1200 |
| AON PLC | SHS CL A | g0403h108 |  | 355 | 1144 | SH |  | SOLE |  | 0 | 0 | 1144 |
| APA CORPORATION | COM | 03743q108 |  | 1286 | 28071 | SH |  | SOLE |  | 0 | 0 | 28071 |
| APPLE INC | COM | 037833100 |  | 8394 | 57704 | SH |  | SOLE |  | 0 | 0 | 57704 |
| AT INC | COM | 00206r102 |  | 886 | 46322 | SH |  | SOLE |  | 0 | 0 | 46322 |
| ATLAS AIR WORLDWIDE HLDGS IN | COM NEW | 049164205 |  | 999 | 9925 | SH |  | SOLE |  | 0 | 0 | 9925 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 2326 | 8871 | SH |  | SOLE |  | 0 | 0 | 8871 |
| AVERY DENNISON CORP | COM | 053611109 |  | 556 | 3000 | SH |  | SOLE |  | 0 | 0 | 3000 |
| BANK HAWAII CORP | COM | 062540109 |  | 358 | 4600 | SH |  | SOLE |  | 0 | 0 | 4600 |
| BANK NOVA SCOTIA HALIFAX | COM | 064149107 |  | 1408 | 28215 | SH |  | SOLE |  | 0 | 0 | 28215 |
| BAXTER INTL INC | COM | 071813109 |  | 761 | 14305 | SH |  | SOLE |  | 0 | 0 | 14305 |
| BEACON ROOFING SUPPLY INC | COM | 073685109 |  | 328 | 5575 | SH |  | SOLE |  | 0 | 0 | 5575 |
| BECTON DICKINSON  CO | COM | 075887109 |  | 270 | 1064 | SH |  | SOLE |  | 0 | 0 | 1064 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 719 | 2301 | SH |  | SOLE |  | 0 | 0 | 2301 |
| BHP GROUP LTD | SPONSORED ADS | 088606108 |  | 2022 | 31910 | SH |  | SOLE |  | 0 | 0 | 31910 |
| BLACKROCK INC | COM | 09247x101 |  | 537 | 742 | SH |  | SOLE |  | 0 | 0 | 742 |
| BORGWARNER INC | COM | 099724106 |  | 295 | 7185 | SH |  | SOLE |  | 0 | 0 | 7185 |
| BOX INC | CL A | 10316t104 |  | 360 | 11520 | SH |  | SOLE |  | 0 | 0 | 11520 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 4029 | 52086 | SH |  | SOLE |  | 0 | 0 | 52086 |
| BROADRIDGE FINL SOLUTIONS IN | COM | 11133t103 |  | 254 | 1748 | SH |  | SOLE |  | 0 | 0 | 1748 |
| BROOKFIELD ASSET MANAGMT LTD | CL A LMT VTG SHS | 113004105 |  | 539 | 17518 | SH |  | SOLE |  | 0 | 0 | 17518 |
| BROOKFIELD CORP | CL A LTD VT SH | 11271j107 |  | 2372 | 70084 | SH |  | SOLE |  | 0 | 0 | 70084 |
| CARRIER GLOBAL CORPORATION | COM | 14448c104 |  | 205 | 4622 | SH |  | SOLE |  | 0 | 0 | 4622 |
| CATERPILLAR INC | COM | 149123101 |  | 2432 | 10326 | SH |  | SOLE |  | 0 | 0 | 10326 |
| CHEVRON CORP NEW | COM | 166764100 |  | 3597 | 20728 | SH |  | SOLE |  | 0 | 0 | 20728 |
| CHUBB LIMITED | COM | h1467j104 |  | 4446 | 20484 | SH |  | SOLE |  | 0 | 0 | 20484 |
| CIGNA CORP NEW | COM | 125523100 |  | 1559 | 4721 | SH |  | SOLE |  | 0 | 0 | 4721 |
| CISCO SYS INC | COM | 17275r102 |  | 3188 | 64227 | SH |  | SOLE |  | 0 | 0 | 64227 |
| CLOROX CO DEL | COM | 189054109 |  | 518 | 3512 | SH |  | SOLE |  | 0 | 0 | 3512 |
| COCA COLA CO | COM | 191216100 |  | 1632 | 25507 | SH |  | SOLE |  | 0 | 0 | 25507 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 1884 | 23924 | SH |  | SOLE |  | 0 | 0 | 23924 |
| COMCAST CORP NEW | CL A | 20030n101 |  | 4833 | 131644 | SH |  | SOLE |  | 0 | 0 | 131644 |
| CONOCOPHILLIPS | COM | 20825c104 |  | 1299 | 11456 | SH |  | SOLE |  | 0 | 0 | 11456 |
| CONSTELLATION ENERGY CORP | COM | 21037t109 |  | 1532 | 16867 | SH |  | SOLE |  | 0 | 0 | 16867 |
| CORNING INC | COM | 219350105 |  | 1008 | 29659 | SH |  | SOLE |  | 0 | 0 | 29659 |
| CORTEVA INC | COM | 22052l104 |  | 2686 | 42886 | SH |  | SOLE |  | 0 | 0 | 42886 |
| COSTCO WHSL CORP NEW | COM | 22160k105 |  | 637 | 1304 | SH |  | SOLE |  | 0 | 0 | 1304 |
| CRANE HLDGS CO | COM | 224441105 |  | 1071 | 10345 | SH |  | SOLE |  | 0 | 0 | 10345 |
| CVS HEALTH CORP | COM | 126650100 |  | 3037 | 30008 | SH |  | SOLE |  | 0 | 0 | 30008 |
| DEERE  CO | COM | 244199105 |  | 240 | 550 | SH |  | SOLE |  | 0 | 0 | 550 |
| DEVON ENERGY CORP NEW | COM | 25179m103 |  | 1319 | 21274 | SH |  | SOLE |  | 0 | 0 | 21274 |
| DIAGEO PLC | SPON ADR NEW | 25243q205 |  | 2713 | 14455 | SH |  | SOLE |  | 0 | 0 | 14455 |
| DISNEY WALT CO | COM | 254687106 |  | 3221 | 34008 | SH |  | SOLE |  | 0 | 0 | 34008 |
| DOLLAR GEN CORP NEW | COM | 256677105 |  | 265 | 1090 | SH |  | SOLE |  | 0 | 0 | 1090 |
| DOLLAR TREE INC | COM | 256746108 |  | 1430 | 9890 | SH |  | SOLE |  | 0 | 0 | 9890 |
| DOMINION ENERGY INC | COM | 25746u109 |  | 1393 | 23228 | SH |  | SOLE |  | 0 | 0 | 23228 |
| DOW INC | COM | 260557103 |  | 2483 | 48162 | SH |  | SOLE |  | 0 | 0 | 48162 |
| DUKE ENERGY CORP NEW | COM NEW | 26441c204 |  | 572 | 5544 | SH |  | SOLE |  | 0 | 0 | 5544 |
| DUPONT DE NEMOURS INC | COM | 26614n102 |  | 2210 | 31195 | SH |  | SOLE |  | 0 | 0 | 31195 |
| DYCOM INDS INC | COM | 267475101 |  | 1347 | 15075 | SH |  | SOLE |  | 0 | 0 | 15075 |
| EMERSON ELEC CO | COM | 291011104 |  | 6207 | 63292 | SH |  | SOLE |  | 0 | 0 | 63292 |
| ENBRIDGE INC | COM | 29250n105 |  | 3231 | 81159 | SH |  | SOLE |  | 0 | 0 | 81159 |
| ENVESTNET INC | COM | 29404k106 |  | 415 | 6780 | SH |  | SOLE |  | 0 | 0 | 6780 |
| EOG RES INC | COM | 26875p101 |  | 1524 | 11960 | SH |  | SOLE |  | 0 | 0 | 11960 |
| EQT CORP | COM | 26884l109 |  | 2043 | 55065 | SH |  | SOLE |  | 0 | 0 | 55065 |
| EQUITRANS MIDSTREAM CORP | COM | 294600101 |  | 757 | 103360 | SH |  | SOLE |  | 0 | 0 | 103360 |
| ESSENTIAL UTILS INC | COM | 29670g102 |  | 3016 | 61984 | SH |  | SOLE |  | 0 | 0 | 61984 |
| EVERCORE INC | CLASS A | 29977a105 |  | 287 | 2595 | SH |  | SOLE |  | 0 | 0 | 2595 |
| EXELON CORP | COM | 30161n101 |  | 1702 | 40012 | SH |  | SOLE |  | 0 | 0 | 40012 |
| EXXON MOBIL CORP | COM | 30231g102 |  | 18743 | 174757 | SH |  | SOLE |  | 0 | 0 | 174757 |
| FEDERATED HERMES INC | CL B | 314211103 |  | 2288 | 63125 | SH |  | SOLE |  | 0 | 0 | 63125 |
| FEDEX CORP | COM | 31428x106 |  | 1404 | 7935 | SH |  | SOLE |  | 0 | 0 | 7935 |
| FIDELITY NATL INFORMATION SV | COM | 31620m106 |  | 2904 | 39775 | SH |  | SOLE |  | 0 | 0 | 39775 |
| FIRST HORIZON CORPORATION | COM | 320517105 |  | 1503 | 61575 | SH |  | SOLE |  | 0 | 0 | 61575 |
| FIVE BELOW INC | COM | 33829m101 |  | 1212 | 6740 | SH |  | SOLE |  | 0 | 0 | 6740 |
| FLEETCOR TECHNOLOGIES INC | COM | 339041105 |  | 1146 | 5995 | SH |  | SOLE |  | 0 | 0 | 5995 |
| FORWARD AIR CORP | COM | 349853101 |  | 342 | 3210 | SH |  | SOLE |  | 0 | 0 | 3210 |
| FRANKLIN ELEC INC | COM | 353514102 |  | 484 | 5875 | SH |  | SOLE |  | 0 | 0 | 5875 |
| GARMIN LTD | SHS | h2906t109 |  | 673 | 6947 | SH |  | SOLE |  | 0 | 0 | 6947 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 2474 | 9945 | SH |  | SOLE |  | 0 | 0 | 9945 |
| GENERAL ELECTRIC CO | COM NEW | 369604301 |  | 2353 | 28396 | SH |  | SOLE |  | 0 | 0 | 28396 |
| GENERAL MLS INC | COM | 370334104 |  | 381 | 4377 | SH |  | SOLE |  | 0 | 0 | 4377 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 217 | 2440 | SH |  | SOLE |  | 0 | 0 | 2440 |
| HALLIBURTON CO | COM | 406216101 |  | 289 | 7800 | SH |  | SOLE |  | 0 | 0 | 7800 |
| HARTFORD FINL SVCS GROUP INC | COM | 416515104 |  | 2197 | 28998 | SH |  | SOLE |  | 0 | 0 | 28998 |
| HEALTHEQUITY INC | COM | 42226a107 |  | 278 | 4595 | SH |  | SOLE |  | 0 | 0 | 4595 |
| HELMERICH  PAYNE INC | COM | 423452101 |  | 2382 | 49235 | SH |  | SOLE |  | 0 | 0 | 49235 |
| HENRY SCHEIN INC | COM | 806407102 |  | 669 | 8035 | SH |  | SOLE |  | 0 | 0 | 8035 |
| HERSHEY CO | COM | 427866108 |  | 243 | 1027 | SH |  | SOLE |  | 0 | 0 | 1027 |
| HEWLETT PACKARD ENTERPRISE C | COM | 42824c109 |  | 2741 | 168674 | SH |  | SOLE |  | 0 | 0 | 168674 |
| HF SINCLAIR CORP | COM | 403949100 |  | 396 | 7770 | SH |  | SOLE |  | 0 | 0 | 7770 |
| HOME DEPOT INC | COM | 437076102 |  | 1847 | 5549 | SH |  | SOLE |  | 0 | 0 | 5549 |
| HONEYWELL INTL INC | COM | 438516106 |  | 1056 | 4912 | SH |  | SOLE |  | 0 | 0 | 4912 |
| HP INC | COM | 40434l105 |  | 1378 | 47721 | SH |  | SOLE |  | 0 | 0 | 47721 |
| HUMANA INC | COM | 444859102 |  | 277 | 530 | SH |  | SOLE |  | 0 | 0 | 530 |
| HUNTSMAN CORP | COM | 447011107 |  | 1266 | 44527 | SH |  | SOLE |  | 0 | 0 | 44527 |
| IDACORP INC | COM | 451107106 |  | 244 | 2249 | SH |  | SOLE |  | 0 | 0 | 2249 |
| ILLINOIS TOOL WKS INC | COM | 452308109 |  | 1790 | 7934 | SH |  | SOLE |  | 0 | 0 | 7934 |
| IMPERIAL OIL LTD | COM NEW | 453038408 |  | 219 | 4456 | SH |  | SOLE |  | 0 | 0 | 4456 |
| INFINERA CORP | COM | 45667g103 |  | 70 | 10000 | SH |  | SOLE |  | 0 | 0 | 10000 |
| INSTALLED BLDG PRODS INC | COM | 45780r101 |  | 709 | 7695 | SH |  | SOLE |  | 0 | 0 | 7695 |
| INTEL CORP | COM | 458140100 |  | 1861 | 64775 | SH |  | SOLE |  | 0 | 0 | 64775 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 11037 | 73300 | SH |  | SOLE |  | 0 | 0 | 73300 |
| INTERNATIONAL FLAVORS | COM | 459506101 |  | 1286 | 11990 | SH |  | SOLE |  | 0 | 0 | 11990 |
| INTREPID POTASH INC | COM | 46121y201 |  | 230 | 7045 | SH |  | SOLE |  | 0 | 0 | 7045 |
| ISHARES SILVER TR | ISHARES | 46428q109 |  | 251 | 11500 | SH |  | SOLE |  | 0 | 0 | 11500 |
| ISHARES TR | CORE MSCI EAFE | 46432f842 |  | 309 | 4860 | SH |  | SOLE |  | 0 | 0 | 4860 |
| ISHARES TR | MSCI USA ESG SLC | 464288802 |  | 302 | 3492 | SH |  | SOLE |  | 0 | 0 | 3492 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 1058 | 15608 | SH |  | SOLE |  | 0 | 0 | 15608 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 1681 | 7345 | SH |  | SOLE |  | 0 | 0 | 7345 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 1739 | 9587 | SH |  | SOLE |  | 0 | 0 | 9587 |
| ISHARES TR | RUS MID CAP ETF | 464287499 |  | 566 | 8045 | SH |  | SOLE |  | 0 | 0 | 8045 |
| ISHARES TR | CORE S ETF | 464287200 |  | 320 | 797 | SH |  | SOLE |  | 0 | 0 | 797 |
| ISHARES TR | MSCI USA MIN VOL | 46429b697 |  | 463 | 6211 | SH |  | SOLE |  | 0 | 0 | 6211 |
| ITT INC | COM | 45073v108 |  | 251 | 3043 | SH |  | SOLE |  | 0 | 0 | 3043 |
| J  J SNACK FOODS CORP | COM | 466032109 |  | 317 | 2015 | SH |  | SOLE |  | 0 | 0 | 2015 |
| JEFFERIES FINL GROUP INC | COM | 47233w109 |  | 1014 | 27475 | SH |  | SOLE |  | 0 | 0 | 27475 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 5927 | 33071 | SH |  | SOLE |  | 0 | 0 | 33071 |
| JOHNSON CTLS INTL PLC | SHS | g51502105 |  | 1564 | 23491 | SH |  | SOLE |  | 0 | 0 | 23491 |
| JPMORGAN CHASE  CO | COM | 46625h100 |  | 7348 | 54805 | SH |  | SOLE |  | 0 | 0 | 54805 |
| LILLY ELI  CO | COM | 532457108 |  | 1665 | 4642 | SH |  | SOLE |  | 0 | 0 | 4642 |
| LINDE PLC | SHS | g5494j103 |  | 217 | 633 | SH |  | SOLE |  | 0 | 0 | 633 |
| LITTELFUSE INC | COM | 537008104 |  | 488 | 2065 | SH |  | SOLE |  | 0 | 0 | 2065 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 1059 | 2205 | SH |  | SOLE |  | 0 | 0 | 2205 |
| LOWES COS INC | COM | 548661107 |  | 276 | 1307 | SH |  | SOLE |  | 0 | 0 | 1307 |
| MADISON SQUARE GRDN ENTERTNM | CL A | 55826t102 |  | 959 | 22085 | SH |  | SOLE |  | 0 | 0 | 22085 |
| MASTERCARD INCORPORATED | CL A | 57636q104 |  | 639 | 1789 | SH |  | SOLE |  | 0 | 0 | 1789 |
| MATIV HOLDINGS INC | COM | 808541106 |  | 539 | 26450 | SH |  | SOLE |  | 0 | 0 | 26450 |
| MCDONALDS CORP | COM | 580135101 |  | 312 | 1136 | SH |  | SOLE |  | 0 | 0 | 1136 |
| MEDTRONIC PLC | SHS | g5960l103 |  | 680 | 8491 | SH |  | SOLE |  | 0 | 0 | 8491 |
| MERCK  CO INC | COM | 58933y105 |  | 65873 | 593928 | SH |  | SOLE |  | 0 | 0 | 593928 |
| MERITAGE HOMES CORP | COM | 59001a102 |  | 387 | 4220 | SH |  | SOLE |  | 0 | 0 | 4220 |
| MICROSOFT CORP | COM | 594918104 |  | 7536 | 29332 | SH |  | SOLE |  | 0 | 0 | 29332 |
| MILESTONE SCIENTIFIC INC | COM NEW | 59935p209 |  | 19 | 31000 | SH |  | SOLE |  | 0 | 0 | 31000 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 927 | 13713 | SH |  | SOLE |  | 0 | 0 | 13713 |
| MONTROSE ENVIRONMENTAL GROUP | COM | 615111101 |  | 1119 | 23955 | SH |  | SOLE |  | 0 | 0 | 23955 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 412 | 4440 | SH |  | SOLE |  | 0 | 0 | 4440 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 |  | 206 | 771 | SH |  | SOLE |  | 0 | 0 | 771 |
| NATIONAL FUEL GAS CO | COM | 636180101 |  | 1465 | 22558 | SH |  | SOLE |  | 0 | 0 | 22558 |
| NEWMONT CORP | COM | 651639106 |  | 2012 | 42663 | SH |  | SOLE |  | 0 | 0 | 42663 |
| NEXTERA ENERGY INC | COM | 65339f101 |  | 1161 | 13324 | SH |  | SOLE |  | 0 | 0 | 13324 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 1916 | 7427 | SH |  | SOLE |  | 0 | 0 | 7427 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 4186 | 7964 | SH |  | SOLE |  | 0 | 0 | 7964 |
| NOVARTIS AG | SPONSORED ADR | 66987v109 |  | 623 | 6825 | SH |  | SOLE |  | 0 | 0 | 6825 |
| NUTRIEN LTD | COM | 67077m108 |  | 928 | 12044 | SH |  | SOLE |  | 0 | 0 | 12044 |
| NUVEEN MUN VALUE FD INC | COM | 670928100 |  | 87 | 10000 | SH |  | SOLE |  | 0 | 0 | 10000 |
| ORACLE CORP | COM | 68389x105 |  | 383 | 4750 | SH |  | SOLE |  | 0 | 0 | 4750 |
| ORGANON  CO | COMMON STOCK | 68622v106 |  | 1687 | 59831 | SH |  | SOLE |  | 0 | 0 | 59831 |
| ORION ENERGY SYS INC | COM | 686275108 |  | 25 | 11000 | SH |  | SOLE |  | 0 | 0 | 11000 |
| OVINTIV INC | COM | 69047q102 |  | 484 | 9500 | SH |  | SOLE |  | 0 | 0 | 9500 |
| OWENS CORNING NEW | COM | 690742101 |  | 249 | 2600 | SH |  | SOLE |  | 0 | 0 | 2600 |
| PEPSICO INC | COM | 713448108 |  | 2154 | 11714 | SH |  | SOLE |  | 0 | 0 | 11714 |
| PETROLEO BRASILEIRO SA PETRO | SPONSORED ADR | 71654v408 |  | 864 | 85200 | SH |  | SOLE |  | 0 | 0 | 85200 |
| PFIZER INC | COM | 717081103 |  | 2649 | 49917 | SH |  | SOLE |  | 0 | 0 | 49917 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 2144 | 20957 | SH |  | SOLE |  | 0 | 0 | 20957 |
| PNC FINL SVCS GROUP INC | COM | 693475105 |  | 1526 | 9910 | SH |  | SOLE |  | 0 | 0 | 9910 |
| POTLATCHDELTIC CORPORATION | COM | 737630103 |  | 437 | 9202 | SH |  | SOLE |  | 0 | 0 | 9202 |
| PPG INDS INC | COM | 693506107 |  | 1236 | 9220 | SH |  | SOLE |  | 0 | 0 | 9220 |
| PRICE T ROWE GROUP INC | COM | 74144t108 |  | 403 | 3265 | SH |  | SOLE |  | 0 | 0 | 3265 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 4693 | 30828 | SH |  | SOLE |  | 0 | 0 | 30828 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 1395 | 13514 | SH |  | SOLE |  | 0 | 0 | 13514 |
| PURE STORAGE INC | CL A | 74624m102 |  | 538 | 17810 | SH |  | SOLE |  | 0 | 0 | 17810 |
| QUALCOMM INC | COM | 747525103 |  | 2976 | 24102 | SH |  | SOLE |  | 0 | 0 | 24102 |
| QUANTA SVCS INC | COM | 74762e102 |  | 1641 | 10755 | SH |  | SOLE |  | 0 | 0 | 10755 |
| QUEST DIAGNOSTICS INC | COM | 74834l100 |  | 205 | 1372 | SH |  | SOLE |  | 0 | 0 | 1372 |
| RAYTHEON TECHNOLOGIES CORP | COM | 75513e101 |  | 925 | 9260 | SH |  | SOLE |  | 0 | 0 | 9260 |
| REYNOLDS CONSUMER PRODS INC | COM | 76171l106 |  | 885 | 28450 | SH |  | SOLE |  | 0 | 0 | 28450 |
| ROSS STORES INC | COM | 778296103 |  | 372 | 3165 | SH |  | SOLE |  | 0 | 0 | 3165 |
| S GLOBAL INC | COM | 78409v104 |  | 643 | 1798 | SH |  | SOLE |  | 0 | 0 | 1798 |
| SCHLUMBERGER LTD | COM STK | 806857108 |  | 2341 | 45859 | SH |  | SOLE |  | 0 | 0 | 45859 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 515 | 6620 | SH |  | SOLE |  | 0 | 0 | 6620 |
| SCHWAB STRATEGIC TR | US LCAP VA ETF | 808524409 |  | 443 | 6520 | SH |  | SOLE |  | 0 | 0 | 6520 |
| SEAGATE TECHNOLOGY HLDNGS PL | ORD SHS | g7997r103 |  | 786 | 14000 | SH |  | SOLE |  | 0 | 0 | 14000 |
| SEALED AIR CORP NEW | COM | 81211k100 |  | 811 | 15440 | SH |  | SOLE |  | 0 | 0 | 15440 |
| SHAKE SHACK INC | CL A | 819047101 |  | 369 | 7500 | SH |  | SOLE |  | 0 | 0 | 7500 |
| SHELL PLC | SPON ADS | 780259305 |  | 948 | 16528 | SH |  | SOLE |  | 0 | 0 | 16528 |
| SIMON PPTY GROUP INC NEW | COM | 828806109 |  | 1433 | 11918 | SH |  | SOLE |  | 0 | 0 | 11918 |
| SM ENERGY CO | COM | 78454l100 |  | 204 | 5580 | SH |  | SOLE |  | 0 | 0 | 5580 |
| SMUCKER J M CO | COM NEW | 832696405 |  | 1511 | 9791 | SH |  | SOLE |  | 0 | 0 | 9791 |
| SONOS INC | COM | 83570h108 |  | 698 | 38800 | SH |  | SOLE |  | 0 | 0 | 38800 |
| SOUTHERN CO | COM | 842587107 |  | 299 | 4200 | SH |  | SOLE |  | 0 | 0 | 4200 |
| SPDR INDEX SHS FDS | MSCI ACWI EXUS | 78463x848 |  | 300 | 12000 | SH |  | SOLE |  | 0 | 0 | 12000 |
| SPDR S 500 ETF TR | TR UNIT | 78462f103 |  | 738 | 1837 | SH |  | SOLE |  | 0 | 0 | 1837 |
| SPDR SER TR | PORTFOLIO S | 78464a854 |  | 303 | 6409 | SH |  | SOLE |  | 0 | 0 | 6409 |
| STARBUCKS CORP | COM | 855244109 |  | 523 | 5125 | SH |  | SOLE |  | 0 | 0 | 5125 |
| STIFEL FINL CORP | COM | 860630102 |  | 266 | 4387 | SH |  | SOLE |  | 0 | 0 | 4387 |
| STRYKER CORPORATION | COM | 863667101 |  | 1065 | 4195 | SH |  | SOLE |  | 0 | 0 | 4195 |
| TAPESTRY INC | COM | 876030107 |  | 1037 | 27045 | SH |  | SOLE |  | 0 | 0 | 27045 |
| TARGET CORP | COM | 87612e106 |  | 1915 | 12694 | SH |  | SOLE |  | 0 | 0 | 12694 |
| TC ENERGY CORP | COM | 87807b107 |  | 1205 | 27900 | SH |  | SOLE |  | 0 | 0 | 27900 |
| TEXAS INSTRS INC | COM | 882508104 |  | 824 | 4645 | SH |  | SOLE |  | 0 | 0 | 4645 |
| TEXAS PACIFIC LAND CORPORATI | COM | 88262p102 |  | 3126 | 1215 | SH |  | SOLE |  | 0 | 0 | 1215 |
| TEXTRON INC | COM | 883203101 |  | 312 | 4340 | SH |  | SOLE |  | 0 | 0 | 4340 |
| THOR INDS INC | COM | 885160101 |  | 487 | 5899 | SH |  | SOLE |  | 0 | 0 | 5899 |
| TJX COS INC NEW | COM | 872540109 |  | 381 | 4815 | SH |  | SOLE |  | 0 | 0 | 4815 |
| TRUIST FINL CORP | COM | 89832q109 |  | 510 | 11806 | SH |  | SOLE |  | 0 | 0 | 11806 |
| UNILEVER PLC | SPON ADR NEW | 904767704 |  | 1344 | 26525 | SH |  | SOLE |  | 0 | 0 | 26525 |
| UNION PAC CORP | COM | 907818108 |  | 2553 | 11711 | SH |  | SOLE |  | 0 | 0 | 11711 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 3048 | 16580 | SH |  | SOLE |  | 0 | 0 | 16580 |
| US BANCORP DEL | COM NEW | 902973304 |  | 2222 | 50208 | SH |  | SOLE |  | 0 | 0 | 50208 |
| V F CORP | COM | 918204108 |  | 514 | 18070 | SH |  | SOLE |  | 0 | 0 | 18070 |
| VALE S A | SPONSORED ADS | 91912e105 |  | 894 | 55271 | SH |  | SOLE |  | 0 | 0 | 55271 |
| VANECK ETF TRUST | GOLD MINERS ETF | 92189f106 |  | 429 | 14400 | SH |  | SOLE |  | 0 | 0 | 14400 |
| VANECK ETF TRUST | JUNIOR GOLD MINE | 92189f791 |  | 307 | 8400 | SH |  | SOLE |  | 0 | 0 | 8400 |
| VANGUARD BD INDEX FDS | INTERMED TERM | 921937819 |  | 450 | 5912 | SH |  | SOLE |  | 0 | 0 | 5912 |
| VANGUARD BD INDEX FDS | SHORT TRM BOND | 921937827 |  | 521 | 6872 | SH |  | SOLE |  | 0 | 0 | 6872 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 1955 | 10204 | SH |  | SOLE |  | 0 | 0 | 10204 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 478 | 2378 | SH |  | SOLE |  | 0 | 0 | 2378 |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 |  | 201 | 3861 | SH |  | SOLE |  | 0 | 0 | 3861 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 589 | 14618 | SH |  | SOLE |  | 0 | 0 | 14618 |
| VANGUARD MALVERN FDS | STRM INFPROIDX | 922020805 |  | 694 | 14465 | SH |  | SOLE |  | 0 | 0 | 14465 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 554 | 3510 | SH |  | SOLE |  | 0 | 0 | 3510 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 420 | 9608 | SH |  | SOLE |  | 0 | 0 | 9608 |
| VEEVA SYS INC | CL A COM | 922475108 |  | 297 | 1679 | SH |  | SOLE |  | 0 | 0 | 1679 |
| VERIZON COMMUNICATIONS INC | COM | 92343v104 |  | 3153 | 83283 | SH |  | SOLE |  | 0 | 0 | 83283 |
| VISA INC | COM CL A | 92826c839 |  | 1730 | 8120 | SH |  | SOLE |  | 0 | 0 | 8120 |
| WALMART INC | COM | 931142103 |  | 3813 | 25850 | SH |  | SOLE |  | 0 | 0 | 25850 |
| WASTE MGMT INC DEL | COM | 94106l109 |  | 2598 | 15578 | SH |  | SOLE |  | 0 | 0 | 15578 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 470 | 11023 | SH |  | SOLE |  | 0 | 0 | 11023 |
| WESTERN UN CO | COM | 959802109 |  | 747 | 52800 | SH |  | SOLE |  | 0 | 0 | 52800 |
| WESTROCK CO | COM | 96145d105 |  | 766 | 20772 | SH |  | SOLE |  | 0 | 0 | 20772 |
| WEYERHAEUSER CO MTN BE | COM NEW | 962166104 |  | 2164 | 65800 | SH |  | SOLE |  | 0 | 0 | 65800 |
| WHIRLPOOL CORP | COM | 963320106 |  | 541 | 3671 | SH |  | SOLE |  | 0 | 0 | 3671 |
| WHOLE EARTH BRANDS INC | COM CL A | 96684w100 |  | 370 | 94200 | SH |  | SOLE |  | 0 | 0 | 94200 |
| WILLIAMS SONOMA INC | COM | 969904101 |  | 2901 | 24648 | SH |  | SOLE |  | 0 | 0 | 24648 |
| WOLFSPEED INC | COM | 977852102 |  | 336 | 4020 | SH |  | SOLE |  | 0 | 0 | 4020 |
| WOODSIDE ENERGY GROUP LTD | SPONSORED ADR | 980228308 |  | 652 | 26895 | SH |  | SOLE |  | 0 | 0 | 26895 |
| XYLEM INC | COM | 98419m100 |  | 770 | 6700 | SH |  | SOLE |  | 0 | 0 | 6700 |
| YETI HLDGS INC | COM | 98585x104 |  | 438 | 9520 | SH |  | SOLE |  | 0 | 0 | 9520 |
| ZIMMER BIOMET HOLDINGS INC | COM | 98956p102 |  | 301 | 2341 | SH |  | SOLE |  | 0 | 0 | 2341 |
| ZIONS BANCORPORATION N A | COM | 989701107 |  | 201 | 4170 | SH |  | SOLE |  | 0 | 0 | 4170 |
| ZYNEX INC | COM | 98986m103 |  | 185 | 13585 | SH |  | SOLE |  | 0 | 0 | 13585 |

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