# EDGAR Filing Document

**Accession Number:** 0001859918
**File Stem:** 0001859918-26-000004
**Filing Date:** 2026-4
**Character Count:** 35985
**Document Hash:** 46798abd77af9e8a7645aee9fb44d170
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001859918-26-000004.hdr.sgml**: 20260417

**ACCESSION NUMBER**: 0001859918-26-000004

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260417

**DATE AS OF CHANGE**: 20260417

**EFFECTIVENESS DATE**: 20260417

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TECTONIC ADVISORS LLC
- **CENTRAL INDEX KEY:** 0001859918

**ORGANIZATION NAME:**
- **EIN:** 202925399
- **STATE OF INCORPORATION:** TX
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-21254
- **FILM NUMBER:** 26869879

**BUSINESS ADDRESS:**
- **STREET 1:** 17 COWBOYS WAY
- **STREET 2:** STE 250
- **CITY:** FRISCO
- **STATE:** TX
- **ZIP:** 75034
- **BUSINESS PHONE:** 713-250-4200

**MAIL ADDRESS:**
- **STREET 1:** 17 COWBOYS WAY
- **STREET 2:** STE 250
- **CITY:** FRISCO
- **STATE:** TX
- **ZIP:** 75034

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 03-31-2026

**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:** TECTONIC ADVISORS LLC<br>**Address:** 17 COWBOYS WAY<br>STE 250<br>FRISCO, TX 75034

**Form 13F File Number:** 028-21254

**CRD Number (if applicable):** 000139713

**SEC File Number (if applicable):** 801-66385

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:** Jeremy Bolf<br>**Title:** Chief Compliance Officer<br>**Phone:** 713-250-4200

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

/s/ Jeremy Bolf  Frisco, TX  04-17-2026<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:** 1

**Form 13F Information Table Entry Total:** 332

**Form 13F Information Table Value Total:** $1891534431

      (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.]

| No.   | Name                         | Form 13F File Number   |
|:---|:---|:---|
|  | CAIN WATTERS  ASSOCIATES LLC | 028-21257              |

### 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 |
| ABBVIE INC | COM | 00287Y109 |  | 44764 | 206 | SH |  | SOLE |  | 0 | 0 | 206 |
| ABBVIE INC | COM | 00287Y109 |  | 12516063 | 57548 | SH |  | OTR | 1 | 0 | 0 | 57548 |
| ACADEMY SPORTS  OUTDOORS IN | COM | 00402L107 |  | 3913177 | 69321 | SH |  | OTR | 1 | 0 | 0 | 69321 |
| ADOBE INC | COM | 00724F101 |  | 1914498 | 7876 | SH |  | OTR | 1 | 0 | 0 | 7876 |
| ADVISORS INNER CIRCLE FD III | GQG US EQUITY ET | 00775Y256 |  | 78288696 | 2909279 | SH |  | OTR | 1 | 0 | 0 | 2909279 |
| AGCO CORP | COM | 001084102 |  | 597930 | 5160 | SH |  | OTR | 1 | 0 | 0 | 5160 |
| AGNICO EAGLE MINES LTD | COM | 008474108 |  | 898998 | 4429 | SH |  | OTR | 1 | 0 | 0 | 4429 |
| AIR PRODUCTS AND CHEMICALS I | COM | 009158106 |  | 387234 | 1333 | SH |  | OTR | 1 | 0 | 0 | 1333 |
| ALKAMI TECHNOLOGY INC | COM | 01644J108 |  | 661290 | 42201 | SH |  | OTR | 1 | 0 | 0 | 42201 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 2234219 | 7770 | SH |  | OTR | 1 | 0 | 0 | 7770 |
| ALPS ETF TR | ALERIAN MLP | 00162Q452 |  | 14321712 | 272069 | SH |  | SOLE |  | 0 | 0 | 272069 |
| ALPS ETF TR | ALERIAN MLP | 00162Q452 |  | 33111 | 629 | SH |  | OTR | 1 | 0 | 0 | 629 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 45781 | 694 | SH |  | SOLE |  | 0 | 0 | 694 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 14782502 | 224011 | SH |  | OTR | 1 | 0 | 0 | 224011 |
| AMEREN CORP | COM | 023608102 |  | 805745 | 7330 | SH |  | OTR | 1 | 0 | 0 | 7330 |
| AMERICAN HOMES 4 RENT | CL A | 02665T306 |  | 2535350 | 90808 | SH |  | OTR | 1 | 0 | 0 | 90808 |
| AMERIPRISE FINL INC | COM | 03076C106 |  | 1585778 | 3568 | SH |  | OTR | 1 | 0 | 0 | 3568 |
| APPLE INC | COM | 037833100 |  | 6599 | 26 | SH |  | SOLE |  | 0 | 0 | 26 |
| APPLE INC | COM | 037833100 |  | 3311475 | 13048 | SH |  | OTR | 1 | 0 | 0 | 13048 |
| APPLIED MATLS INC | COM | 038222105 |  | 3350764 | 9804 | SH |  | OTR | 1 | 0 | 0 | 9804 |
| APTIV PLC | COM SHS | G3265R107 |  | 1391855 | 20044 | SH |  | OTR | 1 | 0 | 0 | 20044 |
| ARES CAPITAL CORP | COM | 04010L103 |  | 13284855 | 737228 | SH |  | OTR | 1 | 0 | 0 | 737228 |
| ARES CAPITAL CORP | COM | 04010L103 |  | 187582 | 10410 | SH |  | SOLE |  | 0 | 0 | 10410 |
| ARROW ELECTRS INC | COM | 042735100 |  | 632725 | 4412 | SH |  | OTR | 1 | 0 | 0 | 4412 |
| ASSURANT INC | COM | 04621X108 |  | 711838 | 3268 | SH |  | OTR | 1 | 0 | 0 | 3268 |
| AT INC | COM | 00206R102 |  | 15617728 | 538728 | SH |  | OTR | 1 | 0 | 0 | 538728 |
| AT INC | COM | 00206R102 |  | 230385 | 7947 | SH |  | SOLE |  | 0 | 0 | 7947 |
| ATMOS ENERGY CORP | COM | 049560105 |  | 738476 | 3998 | SH |  | OTR | 1 | 0 | 0 | 3998 |
| AUTOZONE INC | COM | 053332102 |  | 7657427 | 2267 | SH |  | OTR | 1 | 0 | 0 | 2267 |
| AVALONBAY CMNTYS INC | COM | 053484101 |  | 515300 | 3155 | SH |  | OTR | 1 | 0 | 0 | 3155 |
| AVERY DENNISON CORP | COM | 053611109 |  | 696052 | 4031 | SH |  | OTR | 1 | 0 | 0 | 4031 |
| AVIAT NETWORKS INC | COM NEW | 05366Y201 |  | 793001 | 35073 | SH |  | OTR | 1 | 0 | 0 | 35073 |
| AZZ INC | COM | 002474104 |  | 782165 | 6251 | SH |  | OTR | 1 | 0 | 0 | 6251 |
| BAKER HUGHES COMPANY | CL A | 05722G100 |  | 784868 | 12856 | SH |  | OTR | 1 | 0 | 0 | 12856 |
| BANC OF CALIFORNIA INC | COM | 05990K106 |  | 2990696 | 170119 | SH |  | OTR | 1 | 0 | 0 | 170119 |
| BANK AMERICA CORP | COM | 060505104 |  | 1534891 | 31485 | SH |  | OTR | 1 | 0 | 0 | 31485 |
| BANK NEW YORK MELLON CORP | COM | 064058100 |  | 1034884 | 8724 | SH |  | OTR | 1 | 0 | 0 | 8724 |
| BANK OZK LITTLE ROCK ARK | COM | 06417N103 |  | 2339425 | 50979 | SH |  | OTR | 1 | 0 | 0 | 50979 |
| BERKLEY W R CORP | COM | 084423102 |  | 635421 | 9587 | SH |  | OTR | 1 | 0 | 0 | 9587 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 2461650 | 5137 | SH |  | OTR | 1 | 0 | 0 | 5137 |
| BJS WHSL CLUB HLDGS INC | COM | 05550J101 |  | 624672 | 6347 | SH |  | OTR | 1 | 0 | 0 | 6347 |
| BLOCK H  R INC | COM | 093671105 |  | 38156 | 1202 | SH |  | SOLE |  | 0 | 0 | 1202 |
| BLOCK H  R INC | COM | 093671105 |  | 7958279 | 250733 | SH |  | OTR | 1 | 0 | 0 | 250733 |
| BLUE BIRD CORP | COM | 095306106 |  | 1228822 | 21638 | SH |  | OTR | 1 | 0 | 0 | 21638 |
| BLUE OWL CAPITAL CORPORATION | COM | 69121K104 |  | 13100679 | 1184510 | SH |  | OTR | 1 | 0 | 0 | 1184510 |
| BLUE OWL CAPITAL CORPORATION | COM | 69121K104 |  | 191740 | 17336 | SH |  | SOLE |  | 0 | 0 | 17336 |
| BORGWARNER INC | COM | 099724106 |  | 648680 | 11955 | SH |  | OTR | 1 | 0 | 0 | 11955 |
| BRIDGEWATER BANCSHARES INC | COM | 108621103 |  | 1768973 | 99942 | SH |  | OTR | 1 | 0 | 0 | 99942 |
| BROADCOM INC | COM | 11135F101 |  | 50672 | 164 | SH |  | SOLE |  | 0 | 0 | 164 |
| BROADCOM INC | COM | 11135F101 |  | 11761232 | 38000 | SH |  | OTR | 1 | 0 | 0 | 38000 |
| BRUNSWICK CORP | COM | 117043109 |  | 4584789 | 63012 | SH |  | OTR | 1 | 0 | 0 | 63012 |
| CBRE GROUP INC | CL A | 12504L109 |  | 1828575 | 13499 | SH |  | OTR | 1 | 0 | 0 | 13499 |
| CENTERPOINT ENERGY INC | COM | 15189T107 |  | 651169 | 15087 | SH |  | OTR | 1 | 0 | 0 | 15087 |
| CIENA CORP | COM NEW | 171779309 |  | 7212149 | 18577 | SH |  | OTR | 1 | 0 | 0 | 18577 |
| CINEMARK HLDGS INC | COM | 17243V102 |  | 1144480 | 40129 | SH |  | OTR | 1 | 0 | 0 | 40129 |
| CISCO SYS INC | COM | 17275R102 |  | 46143 | 595 | SH |  | SOLE |  | 0 | 0 | 595 |
| CISCO SYS INC | COM | 17275R102 |  | 15080725 | 194364 | SH |  | OTR | 1 | 0 | 0 | 194364 |
| CITI TRENDS INC | COM | 17306X102 |  | 2109121 | 48687 | SH |  | OTR | 1 | 0 | 0 | 48687 |
| CLEAN HARBORS INC | COM | 184496107 |  | 12897689 | 44982 | SH |  | OTR | 1 | 0 | 0 | 44982 |
| CLEARWAY ENERGY INC | CL A | 18539C105 |  | 232552 | 5937 | SH |  | SOLE |  | 0 | 0 | 5937 |
| CLEARWAY ENERGY INC | CL A | 18539C105 |  | 19234835 | 491060 | SH |  | OTR | 1 | 0 | 0 | 491060 |
| CLEVELAND-CLIFFS INC NEW | COM | 185899101 |  | 1369272 | 162044 | SH |  | OTR | 1 | 0 | 0 | 162044 |
| COCA COLA CO | COM | 191216100 |  | 10633955 | 139828 | SH |  | OTR | 1 | 0 | 0 | 139828 |
| COCA COLA CO | COM | 191216100 |  | 42491 | 559 | SH |  | SOLE |  | 0 | 0 | 559 |
| COMMERCIAL METALS CO | COM | 201723103 |  | 1716691 | 27945 | SH |  | OTR | 1 | 0 | 0 | 27945 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 1396776 | 10582 | SH |  | OTR | 1 | 0 | 0 | 10582 |
| CONSOLIDATED EDISON INC | COM | 209115104 |  | 12090867 | 106829 | SH |  | OTR | 1 | 0 | 0 | 106829 |
| CONSOLIDATED EDISON INC | COM | 209115104 |  | 43833 | 387 | SH |  | SOLE |  | 0 | 0 | 387 |
| CONSTELLATION BRANDS INC | CL A | 21036P108 |  | 1039295 | 6929 | SH |  | OTR | 1 | 0 | 0 | 6929 |
| COOPER-STANDARD HOLDINGS INC | COM | 21676P103 |  | 887576 | 31847 | SH |  | OTR | 1 | 0 | 0 | 31847 |
| CORE NATURAL RESOURCES INC | COM SHS | 218937100 |  | 1009913 | 9643 | SH |  | OTR | 1 | 0 | 0 | 9643 |
| COTERRA ENERGY INC | COM | 127097103 |  | 733733 | 20880 | SH |  | OTR | 1 | 0 | 0 | 20880 |
| CRH PLC | ORD | G25508105 |  | 11106033 | 105651 | SH |  | OTR | 1 | 0 | 0 | 105651 |
| CUMMINS INC | COM | 231021106 |  | 1360084 | 2528 | SH |  | OTR | 1 | 0 | 0 | 2528 |
| CVS HEALTH CORP | COM | 126650100 |  | 775748 | 10801 | SH |  | OTR | 1 | 0 | 0 | 10801 |
| D R HORTON INC | COM | 23331A109 |  | 1395562 | 10170 | SH |  | OTR | 1 | 0 | 0 | 10170 |
| DANAHER CORP DEL | COM | 235851102 |  | 710622 | 3748 | SH |  | OTR | 1 | 0 | 0 | 3748 |
| DARDEN RESTAURANTS INC | COM | 237194105 |  | 1616071 | 8244 | SH |  | OTR | 1 | 0 | 0 | 8244 |
| DEERE  CO | COM | 244199105 |  | 446134 | 792 | SH |  | OTR | 1 | 0 | 0 | 792 |
| DELL TECHNOLOGIES INC | CL C | 24703L202 |  | 7427999 | 45257 | SH |  | OTR | 1 | 0 | 0 | 45257 |
| DIAMONDBACK ENERGY INC | COM | 25278X109 |  | 3258966 | 16477 | SH |  | OTR | 1 | 0 | 0 | 16477 |
| DISNEY WALT CO | COM | 254687106 |  | 1832388 | 19012 | SH |  | OTR | 1 | 0 | 0 | 19012 |
| DOLLAR GEN CORP | COM | 256677105 |  | 761137 | 6411 | SH |  | OTR | 1 | 0 | 0 | 6411 |
| DOVER CORP | COM | 260003108 |  | 680750 | 3266 | SH |  | OTR | 1 | 0 | 0 | 3266 |
| DTE ENERGY CO | COM | 233331107 |  | 858107 | 5869 | SH |  | OTR | 1 | 0 | 0 | 5869 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 42570 | 325 | SH |  | SOLE |  | 0 | 0 | 325 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 11636636 | 88870 | SH |  | OTR | 1 | 0 | 0 | 88870 |
| DYCOM INDS INC | COM | 267475101 |  | 305277 | 901 | SH |  | OTR | 1 | 0 | 0 | 901 |
| EA SERIES TRUST | STRIVE ENHANCED | 02072L441 |  | 207511 | 10250 | SH |  | SOLE |  | 0 | 0 | 10250 |
| EAGLE MATLS INC | COM | 26969P108 |  | 2272499 | 11995 | SH |  | OTR | 1 | 0 | 0 | 11995 |
| EASTMAN CHEM CO | COM | 277432100 |  | 684000 | 8962 | SH |  | OTR | 1 | 0 | 0 | 8962 |
| EMERSON ELEC CO | COM | 291011104 |  | 536144 | 4092 | SH |  | OTR | 1 | 0 | 0 | 4092 |
| ENBRIDGE INC | COM | 29250N105 |  | 62922 | 1162 | SH |  | SOLE |  | 0 | 0 | 1162 |
| ENBRIDGE INC | COM | 29250N105 |  | 17190835 | 317531 | SH |  | OTR | 1 | 0 | 0 | 317531 |
| ENCOMPASS HEALTH CORP | COM | 29261A100 |  | 615276 | 6361 | SH |  | OTR | 1 | 0 | 0 | 6361 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 112866 | 5848 | SH |  | SOLE |  | 0 | 0 | 5848 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 14496151 | 751096 | SH |  | OTR | 1 | 0 | 0 | 751096 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 15218752 | 402187 | SH |  | OTR | 1 | 0 | 0 | 402187 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 120065 | 3173 | SH |  | SOLE |  | 0 | 0 | 3173 |
| EOG RES INC | COM | 26875P101 |  | 920467 | 6367 | SH |  | OTR | 1 | 0 | 0 | 6367 |
| ETF OPPORTUNITIES TRUST | APPLIED FINA VAL | 26923N405 |  | 1109846 | 26545 | SH |  | OTR | 1 | 0 | 0 | 26545 |
| ETF OPPORTUNITIES TRUST | APPLIED FINA VAL | 26923N405 |  | 104525 | 2500 | SH |  | SOLE |  | 0 | 0 | 2500 |
| FB FINL CORP | COM | 30257X104 |  | 255389 | 4917 | SH |  | OTR | 1 | 0 | 0 | 4917 |
| FIDELITY WISE ORIGIN BITCOIN | SHS | 315948109 |  | 286059 | 4846 | SH |  | OTR | 1 | 0 | 0 | 4846 |
| FIRST HORIZON CORPORATION | COM | 320517105 |  | 4288074 | 188404 | SH |  | OTR | 1 | 0 | 0 | 188404 |
| FISERV INC | COM | 337738108 |  | 1012826 | 18151 | SH |  | OTR | 1 | 0 | 0 | 18151 |
| FRANCO NEV CORP | COM | 351858105 |  | 1620895 | 6561 | SH |  | OTR | 1 | 0 | 0 | 6561 |
| GARRETT MOTION INC | COM | 366505105 |  | 1582708 | 87106 | SH |  | OTR | 1 | 0 | 0 | 87106 |
| GATES INDL CORP PLC | ORD SHS | G39108108 |  | 611420 | 27042 | SH |  | OTR | 1 | 0 | 0 | 27042 |
| GENERAC HLDGS INC | COM | 368736104 |  | 3796825 | 19438 | SH |  | OTR | 1 | 0 | 0 | 19438 |
| GEO GROUP INC | COM | 36162J106 |  | 1661484 | 98839 | SH |  | OTR | 1 | 0 | 0 | 98839 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 13319006 | 95566 | SH |  | OTR | 1 | 0 | 0 | 95566 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 40732 | 292 | SH |  | SOLE |  | 0 | 0 | 292 |
| GLOBAL X FDS | GLBL X MLP ETF | 37954Y343 |  | 14540752 | 269923 | SH |  | SOLE |  | 0 | 0 | 269923 |
| GLOBAL X FDS | GLBL X MLP ETF | 37954Y343 |  | 18370 | 341 | SH |  | OTR | 1 | 0 | 0 | 341 |
| GOLDMAN SACHS ETF TR | ACCES TREASURY | 381430529 |  | 6409917 | 63978 | SH |  | OTR | 1 | 0 | 0 | 63978 |
| GREENBRIER COS INC | COM | 393657101 |  | 1139680 | 21646 | SH |  | OTR | 1 | 0 | 0 | 21646 |
| GULFPORT ENERGY CORP | COMMON SHARES | 402635502 |  | 2209426 | 10443 | SH |  | OTR | 1 | 0 | 0 | 10443 |
| HALOZYME THERAPEUTICS INC | COM | 40637H109 |  | 1120296 | 17334 | SH |  | OTR | 1 | 0 | 0 | 17334 |
| HANOVER INS GROUP INC | COM | 410867105 |  | 1238408 | 7144 | SH |  | OTR | 1 | 0 | 0 | 7144 |
| HARTFORD INSURANCE GROUP INC | COM | 416515104 |  | 691779 | 5116 | SH |  | OTR | 1 | 0 | 0 | 5116 |
| HASBRO INC | COM | 418056107 |  | 37918 | 405 | SH |  | SOLE |  | 0 | 0 | 405 |
| HASBRO INC | COM | 418056107 |  | 14244635 | 152186 | SH |  | OTR | 1 | 0 | 0 | 152186 |
| HAVERTY FURNITURE COS INC | COM | 419596101 |  | 1864829 | 88047 | SH |  | OTR | 1 | 0 | 0 | 88047 |
| HEALTHEQUITY INC | COM | 42226A107 |  | 6922187 | 82831 | SH |  | OTR | 1 | 0 | 0 | 82831 |
| HERCULES CAPITAL INC | COM | 427096508 |  | 175385 | 11874 | SH |  | SOLE |  | 0 | 0 | 11874 |
| HERCULES CAPITAL INC | COM | 427096508 |  | 13015736 | 881228 | SH |  | OTR | 1 | 0 | 0 | 881228 |
| HERSHEY CO | COM | 427866108 |  | 817017 | 3930 | SH |  | OTR | 1 | 0 | 0 | 3930 |
| HILLMAN SOLUTIONS CORP | COM | 431636109 |  | 1093897 | 131478 | SH |  | OTR | 1 | 0 | 0 | 131478 |
| HOME DEPOT INC | COM | 437076102 |  | 431504 | 1312 | SH |  | OTR | 1 | 0 | 0 | 1312 |
| HONEYWELL INTL INC | COM | 438516106 |  | 704328 | 3116 | SH |  | OTR | 1 | 0 | 0 | 3116 |
| HORACE MANN EDUCATORS CORP N | COM | 440327104 |  | 1140759 | 26728 | SH |  | OTR | 1 | 0 | 0 | 26728 |
| HP INC | COM | 40434L105 |  | 2139490 | 111374 | SH |  | OTR | 1 | 0 | 0 | 111374 |
| HUBBELL INC | COM | 443510607 |  | 344505 | 702 | SH |  | OTR | 1 | 0 | 0 | 702 |
| I3 VERTICALS INC | COM CL A | 46571Y107 |  | 2197474 | 98277 | SH |  | OTR | 1 | 0 | 0 | 98277 |
| IDEX CORP | COM | 45167R104 |  | 536243 | 2829 | SH |  | OTR | 1 | 0 | 0 | 2829 |
| INCYTE CORP | COM | 45337C102 |  | 791643 | 8411 | SH |  | OTR | 1 | 0 | 0 | 8411 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 14098116 | 58163 | SH |  | OTR | 1 | 0 | 0 | 58163 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 36643 | 151 | SH |  | SOLE |  | 0 | 0 | 151 |
| INTERNATIONAL FLAVORS | COM | 459506101 |  | 711226 | 9803 | SH |  | OTR | 1 | 0 | 0 | 9803 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 3646 | 19 | SH |  | OTR | 1 | 0 | 0 | 19 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 214386 | 1117 | SH |  | SOLE |  | 0 | 0 | 1117 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 439594 | 762 | SH |  | OTR | 1 | 0 | 0 | 762 |
| IRON MTN INC DEL | COM | 46284V101 |  | 16709332 | 163592 | SH |  | OTR | 1 | 0 | 0 | 163592 |
| IRON MTN INC DEL | COM | 46284V101 |  | 227001 | 2222 | SH |  | SOLE |  | 0 | 0 | 2222 |
| ISHARES TR | 20 YR TR BD ETF | 464287432 |  | 4074 | 47 | SH |  | OTR | 1 | 0 | 0 | 47 |
| ISHARES TR | 20 YR TR BD ETF | 464287432 |  | 1447985 | 16703 | SH |  | SOLE |  | 0 | 0 | 16703 |
| ISHARES TR | CORE HIGH DV ETF | 46429B663 |  | 656749 | 4839 | SH |  | OTR | 1 | 0 | 0 | 4839 |
| ISHARES TR | CORE INTL AGGR | 46435G672 |  | 16978972 | 339308 | SH |  | SOLE |  | 0 | 0 | 339308 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 |  | 14815898 | 163657 | SH |  | SOLE |  | 0 | 0 | 163657 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 |  | 56968 | 629 | SH |  | OTR | 1 | 0 | 0 | 629 |
| ISHARES TR | CORE MSCI TOTAL | 46432F834 |  | 496335 | 5729 | SH |  | OTR | 1 | 0 | 0 | 5729 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 25975 | 385 | SH |  | OTR | 1 | 0 | 0 | 385 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 11303532 | 167385 | SH |  | SOLE |  | 0 | 0 | 167385 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 10843941 | 87233 | SH |  | SOLE |  | 0 | 0 | 87233 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 22251 | 179 | SH |  | OTR | 1 | 0 | 0 | 179 |
| ISHARES TR | CORE S ETF | 464287200 |  | 1077096 | 1649 | SH |  | OTR | 1 | 0 | 0 | 1649 |
| ISHARES TR | CORE S ETF | 464287200 |  | 87697362 | 134256 | SH |  | SOLE |  | 0 | 0 | 134256 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 33061377 | 333045 | SH |  | SOLE |  | 0 | 0 | 333045 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 2723488 | 27435 | SH |  | OTR | 1 | 0 | 0 | 27435 |
| ISHARES TR | CRE U S REIT ETF | 464288521 |  | 14401933 | 243317 | SH |  | SOLE |  | 0 | 0 | 243317 |
| ISHARES TR | CRE U S REIT ETF | 464288521 |  | 36875 | 623 | SH |  | OTR | 1 | 0 | 0 | 623 |
| ISHARES TR | RUS MDCP VAL ETF | 464287473 |  | 3264732 | 22401 | SH |  | OTR | 1 | 0 | 0 | 22401 |
| ISHARES TR | ULTRA SHORT DUR | 46434V878 |  | 815450 | 16109 | SH |  | OTR | 1 | 0 | 0 | 16109 |
| ITT INC | COM | 45073V108 |  | 677242 | 3555 | SH |  | OTR | 1 | 0 | 0 | 3555 |
| JANUS DETROIT STR TR | HENDRSN SHRT ETF | 47103U886 |  | 276855 | 5666 | SH |  | OTR | 1 | 0 | 0 | 5666 |
| JANUS DETROIT STR TR | HENDRSON AAA CL | 47103U845 |  | 280741 | 5574 | SH |  | OTR | 1 | 0 | 0 | 5574 |
| JAZZ PHARMACEUTICALS PLC | SHS USD | G50871105 |  | 1125226 | 5952 | SH |  | OTR | 1 | 0 | 0 | 5952 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 1465108 | 4981 | SH |  | OTR | 1 | 0 | 0 | 4981 |
| KEURIG DR PEPPER INC | COM | 49271V100 |  | 1026099 | 38971 | SH |  | OTR | 1 | 0 | 0 | 38971 |
| KEYSIGHT TECHNOLOGIES INC | COM | 49338L103 |  | 848804 | 3006 | SH |  | OTR | 1 | 0 | 0 | 3006 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 2264356 | 67532 | SH |  | OTR | 1 | 0 | 0 | 67532 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 60589 | 1807 | SH |  | SOLE |  | 0 | 0 | 1807 |
| KIRBY CORP | COM | 497266106 |  | 8997571 | 67712 | SH |  | OTR | 1 | 0 | 0 | 67712 |
| KLA CORP | COM NEW | 482480100 |  | 2938046 | 1995 | SH |  | OTR | 1 | 0 | 0 | 1995 |
| KNIGHT-SWIFT TRANSN HLDGS IN | CL A | 499049104 |  | 7946825 | 138014 | SH |  | OTR | 1 | 0 | 0 | 138014 |
| KONTOOR BRANDS INC | COM | 50050N103 |  | 1526477 | 21717 | SH |  | OTR | 1 | 0 | 0 | 21717 |
| L3HARRIS TECHNOLOGIES INC | COM | 502431109 |  | 771277 | 2235 | SH |  | OTR | 1 | 0 | 0 | 2235 |
| LEVI STRAUSS  CO NEW | CL A COM STK | 52736R102 |  | 477190 | 25808 | SH |  | OTR | 1 | 0 | 0 | 25808 |
| LITTELFUSE INC | COM | 537008104 |  | 950878 | 2802 | SH |  | OTR | 1 | 0 | 0 | 2802 |
| LKQ CORP | COM | 501889208 |  | 9745723 | 331826 | SH |  | OTR | 1 | 0 | 0 | 331826 |
| LOEWS CORP | COM | 540424108 |  | 1625920 | 15233 | SH |  | OTR | 1 | 0 | 0 | 15233 |
| LOWES COS INC | COM | 548661107 |  | 1523642 | 6448 | SH |  | OTR | 1 | 0 | 0 | 6448 |
| MADDEN STEVEN LTD | COM | 556269108 |  | 1103840 | 32542 | SH |  | OTR | 1 | 0 | 0 | 32542 |
| MASCO CORP | COM | 574599106 |  | 5731851 | 94945 | SH |  | OTR | 1 | 0 | 0 | 94945 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 1299352 | 2600 | SH |  | OTR | 1 | 0 | 0 | 2600 |
| MATADOR RES CO | COM | 576485205 |  | 1915155 | 30313 | SH |  | OTR | 1 | 0 | 0 | 30313 |
| MAXLINEAR INC | COM | 57776J100 |  | 1414103 | 81317 | SH |  | OTR | 1 | 0 | 0 | 81317 |
| MCKESSON CORP | COM | 58155Q103 |  | 860613 | 995 | SH |  | OTR | 1 | 0 | 0 | 995 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 899340 | 10379 | SH |  | OTR | 1 | 0 | 0 | 10379 |
| MERCK  CO INC | COM | 58933Y105 |  | 41686 | 347 | SH |  | SOLE |  | 0 | 0 | 347 |
| MERCK  CO INC | COM | 58933Y105 |  | 15135629 | 125826 | SH |  | OTR | 1 | 0 | 0 | 125826 |
| META PLATFORMS INC | CL A | 30303M102 |  | 1715895 | 2999 | SH |  | OTR | 1 | 0 | 0 | 2999 |
| METLIFE INC | COM | 59156R108 |  | 1327684 | 18774 | SH |  | OTR | 1 | 0 | 0 | 18774 |
| MICROCHIP TECHNOLOGY INC. | COM | 595017104 |  | 569627 | 8816 | SH |  | OTR | 1 | 0 | 0 | 8816 |
| MICROSOFT CORP | COM | 594918104 |  | 3073002 | 8302 | SH |  | OTR | 1 | 0 | 0 | 8302 |
| MICROSOFT CORP | COM | 594918104 |  | 4072 | 11 | SH |  | SOLE |  | 0 | 0 | 11 |
| MKS INC. | COM | 55306N104 |  | 604895 | 2632 | SH |  | OTR | 1 | 0 | 0 | 2632 |
| MPLX LP | COM UNIT REP LTD | 55336V100 |  | 14865805 | 260484 | SH |  | OTR | 1 | 0 | 0 | 260484 |
| MPLX LP | COM UNIT REP LTD | 55336V100 |  | 122770 | 2151 | SH |  | SOLE |  | 0 | 0 | 2151 |
| MSC INDL DIRECT INC | CL A | 553530106 |  | 185278 | 2008 | SH |  | SOLE |  | 0 | 0 | 2008 |
| MSC INDL DIRECT INC | CL A | 553530106 |  | 10631782 | 115225 | SH |  | OTR | 1 | 0 | 0 | 115225 |
| MYERS INDS INC | COM | 628464109 |  | 1088421 | 51389 | SH |  | OTR | 1 | 0 | 0 | 51389 |
| NAVIGATOR HLDGS LTD | SHS | Y62132108 |  | 1780409 | 92106 | SH |  | OTR | 1 | 0 | 0 | 92106 |
| NCR ATLEOS CORPORATION | COM SHS | 63001N106 |  | 1336381 | 30665 | SH |  | OTR | 1 | 0 | 0 | 30665 |
| NNN REIT INC | COM | 637417106 |  | 206998 | 4925 | SH |  | SOLE |  | 0 | 0 | 4925 |
| NNN REIT INC | COM | 637417106 |  | 14856453 | 353473 | SH |  | OTR | 1 | 0 | 0 | 353473 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 39589 | 227 | SH |  | SOLE |  | 0 | 0 | 227 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 237563 | 1362 | SH |  | OTR | 1 | 0 | 0 | 1362 |
| OGE ENERGY CORP | COM | 670837103 |  | 745782 | 15550 | SH |  | OTR | 1 | 0 | 0 | 15550 |
| OMNICOM GROUP INC | COM | 681919106 |  | 571541 | 7589 | SH |  | OTR | 1 | 0 | 0 | 7589 |
| ONEOK INC NEW | COM | 682680103 |  | 61005 | 675 | SH |  | SOLE |  | 0 | 0 | 675 |
| ONEOK INC NEW | COM | 682680103 |  | 18943261 | 209573 | SH |  | OTR | 1 | 0 | 0 | 209573 |
| ORACLE CORP | COM | 68389X105 |  | 1806116 | 12277 | SH |  | OTR | 1 | 0 | 0 | 12277 |
| PAYCHEX INC | COM | 704326107 |  | 8721958 | 94680 | SH |  | OTR | 1 | 0 | 0 | 94680 |
| PAYCHEX INC | COM | 704326107 |  | 40494 | 440 | SH |  | SOLE |  | 0 | 0 | 440 |
| PEMBINA PIPELINE CORP | COM | 706327103 |  | 62485 | 1396 | SH |  | SOLE |  | 0 | 0 | 1396 |
| PEMBINA PIPELINE CORP | COM | 706327103 |  | 2143422 | 47887 | SH |  | OTR | 1 | 0 | 0 | 47887 |
| PEPSICO INC | COM | 713448108 |  | 10567398 | 68049 | SH |  | OTR | 1 | 0 | 0 | 68049 |
| PEPSICO INC | COM | 713448108 |  | 38358 | 247 | SH |  | SOLE |  | 0 | 0 | 247 |
| PERMIAN RESOURCES CORP | CLASS A COM | 71424F105 |  | 858978 | 40290 | SH |  | OTR | 1 | 0 | 0 | 40290 |
| PFIZER INC | COM | 717081103 |  | 11042593 | 393255 | SH |  | OTR | 1 | 0 | 0 | 393255 |
| PFIZER INC | COM | 717081103 |  | 206257 | 7345 | SH |  | SOLE |  | 0 | 0 | 7345 |
| PIMCO ETF TR | ACTIVE BD ETF | 72201R775 |  | 137007 | 1485 | SH |  | SOLE |  | 0 | 0 | 1485 |
| PIMCO ETF TR | ACTIVE BD ETF | 72201R775 |  | 149697266 | 1622207 | SH |  | OTR | 1 | 0 | 0 | 1622207 |
| PIMCO ETF TR | MULTISECTOR BD | 72201R585 |  | 981118 | 37447 | SH |  | OTR | 1 | 0 | 0 | 37447 |
| PINNACLE FINL PARTNERS INC | COM | 72348N109 |  | 5913420 | 68649 | SH |  | OTR | 1 | 0 | 0 | 68649 |
| POWELL INDS INC | COM | 739128106 |  | 619537 | 3435 | SH |  | OTR | 1 | 0 | 0 | 3435 |
| PRIMORIS SVCS CORP | COM | 74164F103 |  | 1995879 | 13953 | SH |  | OTR | 1 | 0 | 0 | 13953 |
| PROCTER  GAMBLE CO | COM | 742718109 |  | 9276154 | 64222 | SH |  | OTR | 1 | 0 | 0 | 64222 |
| PROCTER  GAMBLE CO | COM | 742718109 |  | 34940 | 242 | SH |  | SOLE |  | 0 | 0 | 242 |
| PROGRESSIVE CORP | COM | 743315103 |  | 3708929 | 18709 | SH |  | OTR | 1 | 0 | 0 | 18709 |
| PROSPERITY BANCSHARES INC | COM | 743606105 |  | 684597 | 10190 | SH |  | OTR | 1 | 0 | 0 | 10190 |
| PUBLIC SVC ENTERPRISE GROUP | COM | 744573106 |  | 797076 | 9847 | SH |  | OTR | 1 | 0 | 0 | 9847 |
| PULTE GROUP INC | COM | 745867101 |  | 515299 | 4381 | SH |  | OTR | 1 | 0 | 0 | 4381 |
| QUANTA SVCS INC | COM | 74762E102 |  | 1435912 | 2615 | SH |  | OTR | 1 | 0 | 0 | 2615 |
| QUEST DIAGNOSTICS INC | COM | 74834L100 |  | 706973 | 3607 | SH |  | OTR | 1 | 0 | 0 | 3607 |
| RAYMOND JAMES FINL INC | COM | 754730109 |  | 563042 | 3889 | SH |  | OTR | 1 | 0 | 0 | 3889 |
| RB GLOBAL INC | COM | 74935Q107 |  | 5915958 | 61721 | SH |  | OTR | 1 | 0 | 0 | 61721 |
| REALTY INCOME CORP | COM | 756109104 |  | 199741 | 3265 | SH |  | SOLE |  | 0 | 0 | 3265 |
| REALTY INCOME CORP | COM | 756109104 |  | 12474967 | 203906 | SH |  | OTR | 1 | 0 | 0 | 203906 |
| REGAL REXNORD CORPORATION | COM | 758750103 |  | 564239 | 3013 | SH |  | OTR | 1 | 0 | 0 | 3013 |
| REGENCY CTRS CORP | COM | 758849103 |  | 670507 | 8862 | SH |  | OTR | 1 | 0 | 0 | 8862 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 |  | 874914 | 1132 | SH |  | OTR | 1 | 0 | 0 | 1132 |
| REGIONS FINANCIAL CORP NEW | COM | 7591EP100 |  | 640834 | 24534 | SH |  | OTR | 1 | 0 | 0 | 24534 |
| REINSURANCE GROUP AMER INC | COM NEW | 759351604 |  | 642566 | 3147 | SH |  | OTR | 1 | 0 | 0 | 3147 |
| REPUBLIC SVCS INC | COM | 760759100 |  | 564125 | 2576 | SH |  | OTR | 1 | 0 | 0 | 2576 |
| ROPER TECHNOLOGIES INC | COM | 776696106 |  | 2021435 | 5713 | SH |  | OTR | 1 | 0 | 0 | 5713 |
| RPM INTL INC | COM | 749685103 |  | 469466 | 4723 | SH |  | OTR | 1 | 0 | 0 | 4723 |
| RYMAN HOSPITALITY PPTYS INC | COM | 78377T107 |  | 629927 | 6827 | SH |  | OTR | 1 | 0 | 0 | 6827 |
| SCHWAB STRATEGIC TR | US MID-CAP ETF | 808524508 |  | 201064 | 6494 | SH |  | OTR | 1 | 0 | 0 | 6494 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 582944 | 1819 | SH |  | OTR | 1 | 0 | 0 | 1819 |
| SHOE CARNIVAL INC | COM | 824889109 |  | 1775770 | 113904 | SH |  | OTR | 1 | 0 | 0 | 113904 |
| SIXTH STREET SPECIALTY LENDI | COM | 83012A109 |  | 13203117 | 718342 | SH |  | OTR | 1 | 0 | 0 | 718342 |
| SIXTH STREET SPECIALTY LENDI | COM | 83012A109 |  | 179334 | 9757 | SH |  | SOLE |  | 0 | 0 | 9757 |
| SOMNIGROUP INTERNATIONAL INC | COM | 88023U101 |  | 9223440 | 124776 | SH |  | OTR | 1 | 0 | 0 | 124776 |
| SOUTH BOW CORP | COM | 83671M105 |  | 223687 | 6717 | SH |  | OTR | 1 | 0 | 0 | 6717 |
| SOUTH BOW CORP | COM | 83671M105 |  | 5831 | 175 | SH |  | SOLE |  | 0 | 0 | 175 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 634678 | 1475 | SH |  | OTR | 1 | 0 | 0 | 1475 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 387261 | 900 | SH |  | SOLE |  | 0 | 0 | 900 |
| SPDR SERIES TRUST | BLOOMBERG INTL T | 78464A516 |  | 16348909 | 744825 | SH |  | SOLE |  | 0 | 0 | 744825 |
| SPDR SERIES TRUST | STATE STREET SPD | 78468R663 |  | 31002083 | 338303 | SH |  | OTR | 1 | 0 | 0 | 338303 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A854 |  | 74686638 | 975786 | SH |  | OTR | 1 | 0 | 0 | 975786 |
| SPROTT ASSET MANAGEMENT LP | PHYSICAL GOLD TR | 85207H104 |  | 660070 | 18625 | SH |  | OTR | 1 | 0 | 0 | 18625 |
| SS TECH HLDGS | COM | 78467J100 |  | 662691 | 9807 | SH |  | OTR | 1 | 0 | 0 | 9807 |
| SSGA ACTIVE ETF TR | STATE STREET DOU | 78467V848 |  | 100828760 | 2537849 | SH |  | OTR | 1 | 0 | 0 | 2537849 |
| SSGA ACTIVE ETF TR | STATE STREET DOU | 78467V848 |  | 120183 | 3025 | SH |  | SOLE |  | 0 | 0 | 3025 |
| STAG INDUSTRIAL INC | COM | 85254J102 |  | 588979 | 16333 | SH |  | OTR | 1 | 0 | 0 | 16333 |
| STATE STR SPDR S 500 ETF T | TR UNIT | 78462F103 |  | 206479 | 317 | SH |  | OTR | 1 | 0 | 0 | 317 |
| STEEL DYNAMICS INC | COM | 858119100 |  | 751344 | 4174 | SH |  | OTR | 1 | 0 | 0 | 4174 |
| STONEX GROUP INC | COM | 861896108 |  | 297518 | 3689 | SH |  | OTR | 1 | 0 | 0 | 3689 |
| STRATUS PPTYS INC | COM NEW | 863167201 |  | 1837212 | 60197 | SH |  | OTR | 1 | 0 | 0 | 60197 |
| STRYKER CORPORATION | COM | 863667101 |  | 666426 | 2028 | SH |  | OTR | 1 | 0 | 0 | 2028 |
| SYSCO CORP | COM | 871829107 |  | 409733 | 5744 | SH |  | OTR | 1 | 0 | 0 | 5744 |
| T ROWE PRICE ETF INC | ULTRA SHRT TRM | 87283Q701 |  | 460603 | 9258 | SH |  | OTR | 1 | 0 | 0 | 9258 |
| TARGET CORP | COM | 87612E106 |  | 1274044 | 10512 | SH |  | OTR | 1 | 0 | 0 | 10512 |
| TAYLOR MORRISON HOME CORP | COM | 87724P106 |  | 1481917 | 25445 | SH |  | OTR | 1 | 0 | 0 | 25445 |
| TC ENERGY CORP | COM | 87807B107 |  | 57655 | 921 | SH |  | SOLE |  | 0 | 0 | 921 |
| TC ENERGY CORP | COM | 87807B107 |  | 1996189 | 31888 | SH |  | OTR | 1 | 0 | 0 | 31888 |
| TCW ETF TRUST | FLEXIBLE INCOME | 29287L700 |  | 26807728 | 682652 | SH |  | OTR | 1 | 0 | 0 | 682652 |
| TCW ETF TRUST | FLEXIBLE INCOME | 29287L700 |  | 178757 | 4552 | SH |  | SOLE |  | 0 | 0 | 4552 |
| TESLA INC | COM | 88160R101 |  | 236433 | 636 | SH |  | OTR | 1 | 0 | 0 | 636 |
| TEXAS CAP BANCSHARES INC | COM | 88224Q107 |  | 2186794 | 23048 | SH |  | OTR | 1 | 0 | 0 | 23048 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 871208 | 1772 | SH |  | OTR | 1 | 0 | 0 | 1772 |
| TOUCHSTONE ETF TRUST | TOUCHSTONE INTL | 89157W871 |  | 40109428 | 1626748 | SH |  | OTR | 1 | 0 | 0 | 1626748 |
| TOUCHSTONE ETF TRUST | TOUCHSTONE INTL | 89157W871 |  | 49312 | 2000 | SH |  | SOLE |  | 0 | 0 | 2000 |
| TOUCHSTONE ETF TRUST | ULTRA SHORT INCM | 89157W301 |  | 467469 | 18462 | SH |  | OTR | 1 | 0 | 0 | 18462 |
| TOWER SEMICONDUCTOR LTD | SHS NEW | M87915274 |  | 1886585 | 10751 | SH |  | OTR | 1 | 0 | 0 | 10751 |
| TRAVELERS COMPANIES INC | COM | 89417E109 |  | 2185129 | 7492 | SH |  | OTR | 1 | 0 | 0 | 7492 |
| TRIUMPH FINANCIAL INC | COM | 89679E300 |  | 1693210 | 28381 | SH |  | OTR | 1 | 0 | 0 | 28381 |
| TYSON FOODS INC | CL A | 902494103 |  | 1151133 | 17967 | SH |  | OTR | 1 | 0 | 0 | 17967 |
| UNIFIED SER TR | ABSLUTE SELCT VL | 90470L568 |  | 23117964 | 612396 | SH |  | OTR | 1 | 0 | 0 | 612396 |
| UNILEVER PLC | SPON ADR NEW | 904767803 |  | 1117125 | 19609 | SH |  | OTR | 1 | 0 | 0 | 19609 |
| UNION PAC CORP | COM | 907818108 |  | 1349693 | 5563 | SH |  | OTR | 1 | 0 | 0 | 5563 |
| UNITED RENTALS INC | COM | 911363109 |  | 948089 | 1301 | SH |  | OTR | 1 | 0 | 0 | 1301 |
| US FOODS HLDG CORP | COM | 912008109 |  | 577880 | 6267 | SH |  | OTR | 1 | 0 | 0 | 6267 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 1431896 | 5795 | SH |  | OTR | 1 | 0 | 0 | 5795 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 |  | 32824220 | 445739 | SH |  | SOLE |  | 0 | 0 | 445739 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 |  | 10264580 | 139389 | SH |  | OTR | 1 | 0 | 0 | 139389 |
| VANGUARD CHARLOTTE FDS | TOTAL INT BD ETF | 92203J407 |  | 1918030 | 39917 | SH |  | OTR | 1 | 0 | 0 | 39917 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 2015349 | 4614 | SH |  | OTR | 1 | 0 | 0 | 4614 |
| VANGUARD INDEX FDS | MCAP GR IDXVIP | 922908538 |  | 429775 | 1670 | SH |  | OTR | 1 | 0 | 0 | 1670 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 10909382 | 37988 | SH |  | SOLE |  | 0 | 0 | 37988 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 13377669 | 46583 | SH |  | OTR | 1 | 0 | 0 | 46583 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 7480548 | 84335 | SH |  | OTR | 1 | 0 | 0 | 84335 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 12596033 | 142007 | SH |  | SOLE |  | 0 | 0 | 142007 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 44593862 | 74628 | SH |  | OTR | 1 | 0 | 0 | 74628 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 87190938 | 145914 | SH |  | SOLE |  | 0 | 0 | 145914 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 9351503 | 35704 | SH |  | OTR | 1 | 0 | 0 | 35704 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 11147315 | 42560 | SH |  | SOLE |  | 0 | 0 | 42560 |
| VANGUARD INDEX FDS | SML CP GRW ETF | 922908595 |  | 238173 | 788 | SH |  | OTR | 1 | 0 | 0 | 788 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 372464 | 1161 | SH |  | OTR | 1 | 0 | 0 | 1161 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 6987514 | 129279 | SH |  | OTR | 1 | 0 | 0 | 129279 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 7691391 | 142301 | SH |  | SOLE |  | 0 | 0 | 142301 |
| VANGUARD INTL EQUITY INDEX F | FTSE SMCAP ETF | 922042718 |  | 3127314 | 21451 | SH |  | OTR | 1 | 0 | 0 | 21451 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 30026882 | 468584 | SH |  | OTR | 1 | 0 | 0 | 468584 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 20995428 | 327644 | SH |  | SOLE |  | 0 | 0 | 327644 |
| VANGUARD WORLD FD | EXTENDED DUR | 921910709 |  | 32505 | 500 | SH |  | SOLE |  | 0 | 0 | 500 |
| VANGUARD WORLD FD | EXTENDED DUR | 921910709 |  | 4644245 | 71505 | SH |  | OTR | 1 | 0 | 0 | 71505 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 17108112 | 340799 | SH |  | OTR | 1 | 0 | 0 | 340799 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 242212 | 4825 | SH |  | SOLE |  | 0 | 0 | 4825 |
| VICI PPTYS INC | COM | 925652109 |  | 10768129 | 394148 | SH |  | OTR | 1 | 0 | 0 | 394148 |
| VICI PPTYS INC | COM | 925652109 |  | 184568 | 6756 | SH |  | SOLE |  | 0 | 0 | 6756 |
| VOX ROYALTY CORP | COM | 92919F103 |  | 1316833 | 251304 | SH |  | OTR | 1 | 0 | 0 | 251304 |
| WABTEC | COM | 929740108 |  | 1402024 | 5610 | SH |  | OTR | 1 | 0 | 0 | 5610 |
| WESCO INTL INC | COM | 95082P105 |  | 684933 | 2503 | SH |  | OTR | 1 | 0 | 0 | 2503 |
| WHIRLPOOL CORP | COM | 963320106 |  | 842589 | 15627 | SH |  | OTR | 1 | 0 | 0 | 15627 |
| WISDOMTREE TR | FLOATNG RAT TREA | 97717Y527 |  | 12421190 | 246746 | SH |  | OTR | 1 | 0 | 0 | 246746 |
| WP CAREY INC | COM | 92936U109 |  | 12460593 | 183352 | SH |  | OTR | 1 | 0 | 0 | 183352 |
| WP CAREY INC | COM | 92936U109 |  | 42271 | 622 | SH |  | SOLE |  | 0 | 0 | 622 |
| XCEL ENERGY INC | COM | 98389B100 |  | 1037086 | 13055 | SH |  | OTR | 1 | 0 | 0 | 13055 |
| ZIMMER BIOMET HOLDINGS INC | COM | 98956P102 |  | 612221 | 6771 | SH |  | OTR | 1 | 0 | 0 | 6771 |

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