# EDGAR Filing Document

**Accession Number:** 0001738560
**File Stem:** 0001941040-25-000455
**Filing Date:** 2025-8
**Character Count:** 23027
**Document Hash:** a4e54e04bcb3fe7a5cacf0f50be78a7c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001941040-25-000455.hdr.sgml**: 20250808

**ACCESSION NUMBER**: 0001941040-25-000455

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250808

**DATE AS OF CHANGE**: 20250808

**EFFECTIVENESS DATE**: 20250808

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ISLAY CAPITAL MANAGEMENT, LLC
- **CENTRAL INDEX KEY:** 0001738560

**ORGANIZATION NAME:**
- **EIN:** 202339425
- **STATE OF INCORPORATION:** TX
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-19845
- **FILM NUMBER:** 251197742

**BUSINESS ADDRESS:**
- **STREET 1:** 8001 QUAKER AVENUE
- **STREET 2:** SUITE J
- **CITY:** LUBBOCK
- **STATE:** TX
- **ZIP:** 79424
- **BUSINESS PHONE:** 8067448617

**MAIL ADDRESS:**
- **STREET 1:** 8001 QUAKER AVENUE
- **STREET 2:** SUITE J
- **CITY:** LUBBOCK
- **STATE:** TX
- **ZIP:** 79424

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 06-30-2025

**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:** ISLAY CAPITAL MANAGEMENT LLC<br>**Address:** 8001 Quaker Avenue<br>Suite J<br>Lubbock, TX 79424

**Form 13F File Number:** 028-19845

**CRD Number (if applicable):** 000114531

**SEC File Number (if applicable):** 801-61327

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:** Tyler Sturdivant<br>**Title:** Authorized Signatory<br>**Phone:** 806-744-8617

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

Tyler Sturdivant  Lubbock, TX  08-08-2025<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:** 202

**Form 13F Information Table Value Total:** $155119534

      (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 |
| ADOBE INC | COM | 00724F101 |  | 40622 | 105 | SH |  | SOLE |  | 105 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 710 | 5 | SH |  | SOLE |  | 5 | 0 | 0 |
| ALBERTSONS COS INC | COMMON STOCK | 013091103 |  | 986986 | 45885 | SH |  | SOLE |  | 45885 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 8506 | 75 | SH |  | SOLE |  | 75 | 0 | 0 |
| ALLISON TRANSMISSION HLDGS I | COM | 01973R101 |  | 1040425 | 10953 | SH |  | SOLE |  | 10953 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 1774107 | 10067 | SH |  | SOLE |  | 10067 | 0 | 0 |
| ALPS ETF TR | ALERIAN MLP | 00162Q452 |  | 1059920 | 21693 | SH |  | SOLE |  | 21693 | 0 | 0 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 49366 | 842 | SH |  | SOLE |  | 842 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 2145195 | 9778 | SH |  | SOLE |  | 9778 | 0 | 0 |
| AMERICAN CENTY ETF TR | US SML CP VALU | 025072877 |  | 6583524 | 72267 | SH |  | SOLE |  | 72267 | 0 | 0 |
| AMERICAN CENTY ETF TR | INTL SMCP VLU | 025072802 |  | 23784 | 300 | SH |  | SOLE |  | 300 | 0 | 0 |
| ANGEL OAK FUNDS TRUST | INCOME ETF | 03463K760 |  | 93600 | 4500 | SH |  | SOLE |  | 4500 | 0 | 0 |
| ANGEL OAK FUNDS TRUST | OAK ULTRASHORT | 03463K752 |  | 3977801 | 77889 | SH |  | SOLE |  | 77889 | 0 | 0 |
| ANGEL OAK MORTGAGE REIT INC | COM | 03464Y108 |  | 23550 | 2500 | SH |  | SOLE |  | 2500 | 0 | 0 |
| APA CORPORATION | COM | 03743Q108 |  | 18290 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| APOLLO GLOBAL MGMT INC | COM | 03769M106 |  | 1129001 | 7958 | SH |  | SOLE |  | 7958 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 4023179 | 19609 | SH |  | SOLE |  | 19609 | 0 | 0 |
| ARK ETF TR | INNOVATION ETF | 00214Q104 |  | 7029 | 100 | SH |  | SOLE |  | 100 | 0 | 0 |
| BANK AMERICA CORP | 7.25%CNV PFD L | 060505682 |  | 363900 | 300 | SH |  | SOLE |  | 300 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 4173736 | 8592 | SH |  | SOLE |  | 8592 | 0 | 0 |
| BLACKSTONE INC | COM | 09260D107 |  | 149580 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| BLOCK INC | CL A | 852234103 |  | 4755 | 70 | SH |  | SOLE |  | 70 | 0 | 0 |
| CAMBRIA ETF TR | CANNABIS ETF | 132061821 |  | 90 | 20 | SH |  | SOLE |  | 20 | 0 | 0 |
| CARDINAL HEALTH INC | COM | 14149Y108 |  | 1090992 | 6494 | SH |  | SOLE |  | 6494 | 0 | 0 |
| CASEYS GEN STORES INC | COM | 147528103 |  | 2350304 | 4606 | SH |  | SOLE |  | 4606 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 776 | 2 | SH |  | SOLE |  | 2 | 0 | 0 |
| CBOE GLOBAL MKTS INC | COM | 12503M108 |  | 58303 | 250 | SH |  | SOLE |  | 250 | 0 | 0 |
| CENCORA INC | COM | 03073E105 |  | 1729835 | 5769 | SH |  | SOLE |  | 5769 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 795564 | 5556 | SH |  | SOLE |  | 5556 | 0 | 0 |
| CLEVELAND-CLIFFS INC NEW | COM | 185899101 |  | 38000 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 91975 | 1300 | SH |  | SOLE |  | 1300 | 0 | 0 |
| COHEN  STEERS REIT  PFD | COM | 19247X100 |  | 68310 | 3000 | SH |  | SOLE |  | 3000 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 1186094 | 13217 | SH |  | SOLE |  | 13217 | 0 | 0 |
| CONTROLADORA VUELA COMP DE A | SPON ADR RP 10 | 21240E105 |  | 1663 | 350 | SH |  | SOLE |  | 350 | 0 | 0 |
| CORNING INC | COM | 219350105 |  | 23666 | 450 | SH |  | SOLE |  | 450 | 0 | 0 |
| CORTEVA INC | COM | 22052L104 |  | 6335 | 85 | SH |  | SOLE |  | 85 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 1980 | 2 | SH |  | SOLE |  | 2 | 0 | 0 |
| CRONOS GROUP INC | COM | 22717L101 |  | 382 | 200 | SH |  | SOLE |  | 200 | 0 | 0 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 66210 | 130 | SH |  | SOLE |  | 130 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 193226 | 380 | SH |  | SOLE |  | 380 | 0 | 0 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 1028206 | 20907 | SH |  | SOLE |  | 20907 | 0 | 0 |
| DOLLAR GEN CORP NEW | COM | 256677105 |  | 5719 | 50 | SH |  | SOLE |  | 50 | 0 | 0 |
| DOW INC | COM | 260557103 |  | 13902 | 525 | SH |  | SOLE |  | 525 | 0 | 0 |
| DRAFTKINGS INC NEW | COM CL A | 26142V105 |  | 386 | 9 | SH |  | SOLE |  | 9 | 0 | 0 |
| DREAM FINDERS HOMES INC | COM CL A | 26154D100 |  | 1216166 | 48395 | SH |  | SOLE |  | 48395 | 0 | 0 |
| DUPONT DE NEMOURS INC | COM | 26614N102 |  | 5830 | 85 | SH |  | SOLE |  | 85 | 0 | 0 |
| DUTCH BROS INC | CL A | 26701L100 |  | 17093 | 250 | SH |  | SOLE |  | 250 | 0 | 0 |
| EA SERIES TRUST | FREEDOM 100 EM | 02072L607 |  | 2893165 | 71613 | SH |  | SOLE |  | 71613 | 0 | 0 |
| EATON VANCE MUN BD FD | COM | 27827X101 |  | 96700 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| EDITAS MEDICINE INC | COM | 28106W103 |  | 660 | 300 | SH |  | SOLE |  | 300 | 0 | 0 |
| ELEVANCE HEALTH INC | COM | 036752103 |  | 13614 | 35 | SH |  | SOLE |  | 35 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 |  | 596918 | 4477 | SH |  | SOLE |  | 4477 | 0 | 0 |
| ENBRIDGE INC | COM | 29250N105 |  | 35214 | 777 | SH |  | SOLE |  | 777 | 0 | 0 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 18565 | 1024 | SH |  | SOLE |  | 1024 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 1602447 | 14865 | SH |  | SOLE |  | 14865 | 0 | 0 |
| FIBROBIOLOGICS INC | COM SHS | 31573L105 |  | 280 | 450 | SH |  | SOLE |  | 450 | 0 | 0 |
| FIDELITY COMWLTH TR | NASDAQ COMPSIT | 315912808 |  | 1214396 | 15161 | SH |  | SOLE |  | 15161 | 0 | 0 |
| FIDELITY MERRIMACK STR TR | CORP BOND ETF | 316188101 |  | 1264076 | 26719 | SH |  | SOLE |  | 26719 | 0 | 0 |
| FIDELITY MERRIMACK STR TR | LTD TRM BD ETF | 316188200 |  | 1740161 | 34527 | SH |  | SOLE |  | 34527 | 0 | 0 |
| FIDELITY NATIONAL FINANCIAL | COM SHS | 31620R303 |  | 496972 | 8865 | SH |  | SOLE |  | 8865 | 0 | 0 |
| G III APPAREL GROUP LTD | COM | 36237H101 |  | 786307 | 35103 | SH |  | SOLE |  | 35103 | 0 | 0 |
| GENERAL MLS INC | COM | 370334104 |  | 366970 | 7083 | SH |  | SOLE |  | 7083 | 0 | 0 |
| GLOBAL X FDS | S 500 CATHOLIC | 37954Y889 |  | 785585 | 10412 | SH |  | SOLE |  | 10412 | 0 | 0 |
| GROUP 1 AUTOMOTIVE INC | COM | 398905109 |  | 1058148 | 2423 | SH |  | SOLE |  | 2423 | 0 | 0 |
| GUARDANT HEALTH INC | COM | 40131M109 |  | 520 | 10 | SH |  | SOLE |  | 10 | 0 | 0 |
| HALLIBURTON CO | COM | 406216101 |  | 122 | 6 | SH |  | SOLE |  | 6 | 0 | 0 |
| HAMILTON LANE INC | CL A | 407497106 |  | 205221 | 1444 | SH |  | SOLE |  | 1444 | 0 | 0 |
| HIGHPEAK ENERGY INC | COM | 43114Q105 |  | 120540 | 12300 | SH |  | SOLE |  | 12300 | 0 | 0 |
| HILLTOP HOLDINGS INC | COM | 432748101 |  | 15175 | 500 | SH |  | SOLE |  | 500 | 0 | 0 |
| INTUIT | COM | 461202103 |  | 92153 | 117 | SH |  | SOLE |  | 117 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | FNDMNTL HY CRP | 46138E719 |  | 3048946 | 165165 | SH |  | SOLE |  | 165165 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S EQL TEC | 46137V282 |  | 5178204 | 126979 | SH |  | SOLE |  | 126979 | 0 | 0 |
| IONQ INC | COM | 46222L108 |  | 430 | 10 | SH |  | SOLE |  | 10 | 0 | 0 |
| ISHARES INC | MSCI GLB SLV | 464286327 |  | 4453 | 250 | SH |  | SOLE |  | 250 | 0 | 0 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 |  | 4120999 | 68649 | SH |  | SOLE |  | 68649 | 0 | 0 |
| ISHARES TR | MSCI USA QLT FCT | 46432F339 |  | 54846 | 300 | SH |  | SOLE |  | 300 | 0 | 0 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 134536 | 1231 | SH |  | SOLE |  | 1231 | 0 | 0 |
| ISHARES TR | CORE DIV GRWTH | 46434V621 |  | 1638271 | 25622 | SH |  | SOLE |  | 25622 | 0 | 0 |
| ISHARES TR | MSCI USA MMENTM | 46432F396 |  | 36048 | 150 | SH |  | SOLE |  | 150 | 0 | 0 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 |  | 1257414 | 15591 | SH |  | SOLE |  | 15591 | 0 | 0 |
| ISHARES TR | 20 YR TR BD ETF | 464287432 |  | 714560 | 8097 | SH |  | SOLE |  | 8097 | 0 | 0 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 2026 | 42 | SH |  | SOLE |  | 42 | 0 | 0 |
| ISHARES TR | PFD AND INCM SEC | 464288687 |  | 30680 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| ISHARES TR | MRGSTR MD CP VAL | 464288406 |  | 2279 | 30 | SH |  | SOLE |  | 30 | 0 | 0 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 |  | 1880971 | 22532 | SH |  | SOLE |  | 22532 | 0 | 0 |
| ISHARES TR | JPMORGAN USD EMG | 464288281 |  | 1008076 | 10884 | SH |  | SOLE |  | 10884 | 0 | 0 |
| ISHARES TR | U.S. PHARMA ETF | 464288836 |  | 41290 | 630 | SH |  | SOLE |  | 630 | 0 | 0 |
| ISHARES TR | SELECT DIVID ETF | 464287168 |  | 1041715 | 7844 | SH |  | SOLE |  | 7844 | 0 | 0 |
| ISHARES TR | S 100 ETF | 464287101 |  | 91305 | 300 | SH |  | SOLE |  | 300 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 |  | 1696299 | 2732 | SH |  | SOLE |  | 2732 | 0 | 0 |
| ISHARES TR | S 500 VAL ETF | 464287408 |  | 2736 | 14 | SH |  | SOLE |  | 14 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 1313268 | 8598 | SH |  | SOLE |  | 8598 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 775509 | 2675 | SH |  | SOLE |  | 2675 | 0 | 0 |
| KKR  CO INC | COM | 48251W104 |  | 902742 | 6786 | SH |  | SOLE |  | 6786 | 0 | 0 |
| KRANESHARES TRUST | QUADRTC INT RT | 500767736 |  | 46944 | 2400 | SH |  | SOLE |  | 2400 | 0 | 0 |
| KROGER CO | COM | 501044101 |  | 1093165 | 15240 | SH |  | SOLE |  | 15240 | 0 | 0 |
| KYNDRYL HLDGS INC | COMMON STOCK | 50155Q100 |  | 839 | 20 | SH |  | SOLE |  | 20 | 0 | 0 |
| L3HARRIS TECHNOLOGIES INC | COM | 502431109 |  | 131189 | 523 | SH |  | SOLE |  | 523 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 1672399 | 3611 | SH |  | SOLE |  | 3611 | 0 | 0 |
| LYFT INC | CL A COM | 55087P104 |  | 1261 | 80 | SH |  | SOLE |  | 80 | 0 | 0 |
| M/I HOMES INC | COM | 55305B101 |  | 1063795 | 9488 | SH |  | SOLE |  | 9488 | 0 | 0 |
| MANAGED PORTFOLIO SERIES | LEUTHOLD SELECT | 56167R705 |  | 55882 | 1520 | SH |  | SOLE |  | 1520 | 0 | 0 |
| MARATHON PETE CORP | COM | 56585A102 |  | 769588 | 4633 | SH |  | SOLE |  | 4633 | 0 | 0 |
| MARSH  MCLENNAN COS INC | COM | 571748102 |  | 98388 | 450 | SH |  | SOLE |  | 450 | 0 | 0 |
| MCKESSON CORP | COM | 58155Q103 |  | 1042013 | 1422 | SH |  | SOLE |  | 1422 | 0 | 0 |
| MERCURY GENL CORP NEW | COM | 589400100 |  | 1057575 | 15705 | SH |  | SOLE |  | 15705 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 43138 | 350 | SH |  | SOLE |  | 350 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 4037688 | 8117 | SH |  | SOLE |  | 8117 | 0 | 0 |
| MIND TECHNOLOGY INC | COM NEW | 602566309 |  | 8440 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| MOLINA HEALTHCARE INC | COM | 60855R100 |  | 1852342 | 6218 | SH |  | SOLE |  | 6218 | 0 | 0 |
| MOODYS CORP | COM | 615369105 |  | 91791 | 183 | SH |  | SOLE |  | 183 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 100435 | 75 | SH |  | SOLE |  | 75 | 0 | 0 |
| NOVAGOLD RES INC | COM NEW | 66987E206 |  | 81800 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| NRG ENERGY INC | COM NEW | 629377508 |  | 109194 | 680 | SH |  | SOLE |  | 680 | 0 | 0 |
| NUVEEN MUN VALUE FD INC | COM | 670928100 |  | 99935 | 11500 | SH |  | SOLE |  | 11500 | 0 | 0 |
| NUVEEN MUNICIPAL CREDIT INC | COM SH BEN INT | 67070X101 |  | 95360 | 8000 | SH |  | SOLE |  | 8000 | 0 | 0 |
| NUVEEN S 500 BUY-WRITE INC | COM | 6706ER101 |  | 1059280 | 76317 | SH |  | SOLE |  | 76317 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 865785 | 5480 | SH |  | SOLE |  | 5480 | 0 | 0 |
| OCCIDENTAL PETE CORP | COM | 674599105 |  | 2199560 | 52358 | SH |  | SOLE |  | 52358 | 0 | 0 |
| OMEGA HEALTHCARE INVS INC | COM | 681936100 |  | 726366 | 19819 | SH |  | SOLE |  | 19819 | 0 | 0 |
| ONEOK INC NEW | COM | 682680103 |  | 48978 | 600 | SH |  | SOLE |  | 600 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 65589 | 300 | SH |  | SOLE |  | 300 | 0 | 0 |
| OSHKOSH CORP | COM | 688239201 |  | 1158335 | 10202 | SH |  | SOLE |  | 10202 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 1746941 | 12815 | SH |  | SOLE |  | 12815 | 0 | 0 |
| PATTERSON-UTI ENERGY INC | COM | 703481101 |  | 593 | 100 | SH |  | SOLE |  | 100 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 29961 | 1236 | SH |  | SOLE |  | 1236 | 0 | 0 |
| PHILLIPS 66 | COM | 718546104 |  | 552956 | 4635 | SH |  | SOLE |  | 4635 | 0 | 0 |
| PIMCO DYNAMIC INCOME STRATEG | COM SHS BEN INT | 69346N107 |  | 464588 | 18847 | SH |  | SOLE |  | 18847 | 0 | 0 |
| PIMCO ETF TR | INV GRD CRP BD | 72201R817 |  | 4470421 | 45940 | SH |  | SOLE |  | 45940 | 0 | 0 |
| PLAINS ALL AMERN PIPELINE L | UNIT LTD PARTN | 726503105 |  | 335256 | 18300 | SH |  | SOLE |  | 18300 | 0 | 0 |
| PROFRAC HLDG CORP | CLASS A COM | 74319N100 |  | 11640 | 1500 | SH |  | SOLE |  | 1500 | 0 | 0 |
| PROG HOLDINGS INC | COM NPV | 74319R101 |  | 1034411 | 35244 | SH |  | SOLE |  | 35244 | 0 | 0 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 96051 | 894 | SH |  | SOLE |  | 894 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 47778 | 300 | SH |  | SOLE |  | 300 | 0 | 0 |
| RANI THERAPEUTICS HLDGS INC | COM CL A | 753018100 |  | 4939 | 9611 | SH |  | SOLE |  | 9611 | 0 | 0 |
| READY CAPITAL CORP | COM | 75574U101 |  | 909 | 208 | SH |  | SOLE |  | 208 | 0 | 0 |
| REAVES UTIL INCOME FD | COM SH BEN INT | 756158101 |  | 0 | 0 | SH |  | SOLE |  | 0 | 0 | 0 |
| RIGETTI COMPUTING INC | COMMON STOCK | 76655K103 |  | 593 | 50 | SH |  | SOLE |  | 50 | 0 | 0 |
| ROKU INC | COM CL A | 77543R102 |  | 3516 | 40 | SH |  | SOLE |  | 40 | 0 | 0 |
| ROYAL GOLD INC | COM | 780287108 |  | 8892 | 50 | SH |  | SOLE |  | 50 | 0 | 0 |
| RTX CORPORATION | COM | 75513E101 |  | 197565 | 1353 | SH |  | SOLE |  | 1353 | 0 | 0 |
| SABINE RTY TR | UNIT BEN INT | 785688102 |  | 199350 | 3000 | SH |  | SOLE |  | 3000 | 0 | 0 |
| SABRE CORP | COM | 78573M104 |  | 632 | 200 | SH |  | SOLE |  | 200 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 16361 | 60 | SH |  | SOLE |  | 60 | 0 | 0 |
| SCHLUMBERGER LTD | COM STK | 806857108 |  | 922267 | 27286 | SH |  | SOLE |  | 27286 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 1138037 | 12473 | SH |  | SOLE |  | 12473 | 0 | 0 |
| SCHWAB STRATEGIC TR | US LCAP GR ETF | 808524300 |  | 1030798 | 35289 | SH |  | SOLE |  | 35289 | 0 | 0 |
| SCHWAB STRATEGIC TR | EMRG MKTEQ ETF | 808524706 |  | 95152 | 3157 | SH |  | SOLE |  | 3157 | 0 | 0 |
| SCHWAB STRATEGIC TR | US AGGREGATE B | 808524839 |  | 511 | 22 | SH |  | SOLE |  | 22 | 0 | 0 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 |  | 9967411 | 376129 | SH |  | SOLE |  | 376129 | 0 | 0 |
| SCHWAB STRATEGIC TR | SHT TM US TRES | 808524862 |  | 4980644 | 204292 | SH |  | SOLE |  | 204292 | 0 | 0 |
| SCHWAB STRATEGIC TR | US SML CAP ETF | 808524607 |  | 22770 | 900 | SH |  | SOLE |  | 900 | 0 | 0 |
| SCHWAB STRATEGIC TR | US BRD MKT ETF | 808524102 |  | 6128708 | 257185 | SH |  | SOLE |  | 257185 | 0 | 0 |
| SCHWAB STRATEGIC TR | INTL EQTY ETF | 808524805 |  | 634 | 29 | SH |  | SOLE |  | 29 | 0 | 0 |
| SOFI TECHNOLOGIES INC | COM | 83406F102 |  | 455 | 25 | SH |  | SOLE |  | 25 | 0 | 0 |
| SONIC AUTOMOTIVE INC | CL A | 83545G102 |  | 1142999 | 14300 | SH |  | SOLE |  | 14300 | 0 | 0 |
| SOUNDHOUND AI INC | CLASS A COM | 836100107 |  | 4292 | 400 | SH |  | SOLE |  | 400 | 0 | 0 |
| SOUTHERN CO | COM | 842587107 |  | 625270 | 6809 | SH |  | SOLE |  | 6809 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 30483 | 100 | SH |  | SOLE |  | 100 | 0 | 0 |
| SPDR S MIDCAP 400 ETF TR | UTSER1 S | 78467Y107 |  | 49850 | 88 | SH |  | SOLE |  | 88 | 0 | 0 |
| SPDR SERIES TRUST | PORTFOLIO S | 78468R853 |  | 2002 | 47 | SH |  | SOLE |  | 47 | 0 | 0 |
| SPDR SERIES TRUST | S 600 SMCP GRW | 78464A201 |  | 106500 | 1200 | SH |  | SOLE |  | 1200 | 0 | 0 |
| SPDR SERIES TRUST | BLOOMBERG 1-3 MO | 78468R663 |  | 4934157 | 53790 | SH |  | SOLE |  | 53790 | 0 | 0 |
| SPDR SERIES TRUST | PORTFOLIO LN TSR | 78464A664 |  | 1624623 | 61122 | SH |  | SOLE |  | 61122 | 0 | 0 |
| SPROTT PHYSICAL GOLD TR | UNIT | 85207H104 |  | 1018081 | 40161 | SH |  | SOLE |  | 40161 | 0 | 0 |
| SPROTT PHYSICAL PLAT PALLAD | UNIT | 85207Q104 |  | 58650 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| SPROTT PHYSICAL SILVER TR | TR UNIT | 85207K107 |  | 699198 | 57124 | SH |  | SOLE |  | 57124 | 0 | 0 |
| SPROUTS FMRS MKT INC | COM | 85208M102 |  | 65856 | 400 | SH |  | SOLE |  | 400 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 |  | 27694 | 70 | SH |  | SOLE |  | 70 | 0 | 0 |
| SUPER MICRO COMPUTER INC | COM NEW | 86800U302 |  | 4901 | 100 | SH |  | SOLE |  | 100 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 635531 | 2806 | SH |  | SOLE |  | 2806 | 0 | 0 |
| TAKE-TWO INTERACTIVE SOFTWAR | COM | 874054109 |  | 729 | 3 | SH |  | SOLE |  | 3 | 0 | 0 |
| TAKEDA PHARMACEUTICAL CO LTD | SPONSORED ADS | 874060205 |  | 387 | 25 | SH |  | SOLE |  | 25 | 0 | 0 |
| TARGET CORP | COM | 87612E106 |  | 327321 | 3318 | SH |  | SOLE |  | 3318 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 1906 | 6 | SH |  | SOLE |  | 6 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 1903460 | 9168 | SH |  | SOLE |  | 9168 | 0 | 0 |
| TEXAS ROADHOUSE INC | COM | 882681109 |  | 9371 | 50 | SH |  | SOLE |  | 50 | 0 | 0 |
| THE CIGNA GROUP | COM | 125523100 |  | 320332 | 969 | SH |  | SOLE |  | 969 | 0 | 0 |
| TRACTOR SUPPLY CO | COM | 892356106 |  | 1011812 | 19174 | SH |  | SOLE |  | 19174 | 0 | 0 |
| TRAEGER INC | COMMON STOCK | 89269P103 |  | 9 | 5 | SH |  | SOLE |  | 5 | 0 | 0 |
| TWFG INC | COM CL A | 87318A101 |  | 350 | 10 | SH |  | SOLE |  | 10 | 0 | 0 |
| TYLER TECHNOLOGIES INC | COM | 902252105 |  | 74105 | 125 | SH |  | SOLE |  | 125 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 9330 | 100 | SH |  | SOLE |  | 100 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 2058772 | 20396 | SH |  | SOLE |  | 20396 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 31197 | 100 | SH |  | SOLE |  | 100 | 0 | 0 |
| UNIVERSAL INS HLDGS INC | COM | 91359V107 |  | 1041982 | 37576 | SH |  | SOLE |  | 37576 | 0 | 0 |
| US FOODS HLDG CORP | COM | 912008109 |  | 987114 | 12818 | SH |  | SOLE |  | 12818 | 0 | 0 |
| VALE S A | SPONSORED ADS | 91912E105 |  | 9710 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| VANECK ETF TRUST | RARE EARTH AND S | 92189H805 |  | 14203 | 350 | SH |  | SOLE |  | 350 | 0 | 0 |
| VANECK ETF TRUST | JUNIOR GOLD MINE | 92189F791 |  | 6759 | 100 | SH |  | SOLE |  | 100 | 0 | 0 |
| VANGUARD CHARLOTTE FDS | TOTAL INT BD ETF | 92203J407 |  | 2258795 | 45623 | SH |  | SOLE |  | 45623 | 0 | 0 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 18257 | 205 | SH |  | SOLE |  | 205 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 92206C409 |  | 34185 | 430 | SH |  | SOLE |  | 430 | 0 | 0 |
| VANGUARD WORLD FD | INF TECH ETF | 92204A702 |  | 6633 | 10 | SH |  | SOLE |  | 10 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 8221 | 190 | SH |  | SOLE |  | 190 | 0 | 0 |
| VODAFONE GROUP PLC NEW | SPONSORED ADR | 92857W308 |  | 396339 | 37180 | SH |  | SOLE |  | 37180 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 44001 | 450 | SH |  | SOLE |  | 450 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 2194887 | 27395 | SH |  | SOLE |  | 27395 | 0 | 0 |
| WELLS FARGO CO NEW | PERP PFD CNV A | 949746804 |  | 745573 | 635 | SH |  | SOLE |  | 635 | 0 | 0 |
| WISDOMTREE TR | EMER MKT HIGH FD | 97717W315 |  | 1177721 | 26004 | SH |  | SOLE |  | 26004 | 0 | 0 |
| WISDOMTREE TR | INDIA ERNGS FD | 97717W422 |  | 142410 | 3000 | SH |  | SOLE |  | 3000 | 0 | 0 |
| ZSCALER INC | COM | 98980G102 |  | 15697 | 50 | SH |  | SOLE |  | 50 | 0 | 0 |

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