# EDGAR Filing Document

**Accession Number:** 0001802195
**File Stem:** 0001398344-23-003269
**Filing Date:** 2023-2
**Character Count:** 16735
**Document Hash:** 9a7aa6c4d92e1261446170bd18d3d235
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001398344-23-003269.hdr.sgml**: 20230214

**ACCESSION NUMBER**: 0001398344-23-003269

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230214

**DATE AS OF CHANGE**: 20230214

**EFFECTIVENESS DATE**: 20230214

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Powell Investment Advisors, LLC
- **CENTRAL INDEX KEY:** 0001802195
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-19815
- **FILM NUMBER:** 23626444

**BUSINESS ADDRESS:**
- **STREET 1:** 3444 MAIN HIGHWAY
- **STREET 2:** 2ND FLOOR
- **CITY:** MIAMI
- **STATE:** FL
- **ZIP:** 33133
- **BUSINESS PHONE:** 786-470-3480

**MAIL ADDRESS:**
- **STREET 1:** 3444 MAIN HIGHWAY
- **STREET 2:** 2ND FLOOR
- **CITY:** MIAMI
- **STATE:** FL
- **ZIP:** 33133

### 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:** Powell Investment Advisors LLC<br>**Address:** 3444 MAIN HIGHWAY<br>2ND FLOOR<br>MIAMI, FL 33133

**Form 13F File Number:** 028-19815

**CRD Number (if applicable):** 000160333

**SEC File Number (if applicable):** 028-19815

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:** Jesse Wachs<br>**Title:** Partner CIO<br>**Phone:** 786-470-3480

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

/s/ Jesse Wachs  Miami, FL  02-13-2023<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:** 134

**Form 13F Information Table Value Total:** $172290153

      (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 |
| AT INC | COM | 00206R102 |  | 548103 | 29772 | SH |  | SOLE |  | 0 | 29772 | 0 |
| ABRDN PRECIOUS METALS BASKET | PHYSCL PRECS MET | 003263100 |  | 683608 | 7661 | SH |  | SOLE |  | 0 | 7661 | 0 |
| ADVISORSHARES TR | PURE US CANNABIS | 00768Y453 |  | 80630 | 11535 | SH |  | SOLE |  | 0 | 11535 | 0 |
| ALLISON TRANSMISSION HLDGS I | COM | 01973R101 |  | 717642 | 17251 | SH |  | SOLE |  | 0 | 17251 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 368801 | 4180 | SH |  | SOLE |  | 0 | 4180 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 365124 | 4115 | SH |  | SOLE |  | 0 | 4115 | 0 |
| ALPS ETF TR | ALERIAN MLP | 00162Q452 |  | 576227 | 15136 | SH |  | SOLE |  | 0 | 15136 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 2157624 | 25686 | SH |  | SOLE |  | 0 | 25686 | 0 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 |  | 661137 | 6963 | SH |  | SOLE |  | 0 | 6963 | 0 |
| APPLE INC | COM | 037833100 |  | 1942772 | 14952 | SH |  | SOLE |  | 0 | 14952 | 0 |
| AVERY DENNISON CORP | COM | 053611109 |  | 335835 | 1855 | SH |  | SOLE |  | 0 | 1855 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 209517 | 6326 | SH |  | SOLE |  | 0 | 6326 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 1312207 | 4248 | SH |  | SOLE |  | 0 | 4248 | 0 |
| BLACKROCK INC | COM | 09247X101 |  | 524386 | 740 | SH |  | SOLE |  | 0 | 740 | 0 |
| BLACKSTONE INC | COM | 09260D107 |  | 413758 | 5577 | SH |  | SOLE |  | 0 | 5577 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 622583 | 8653 | SH |  | SOLE |  | 0 | 8653 | 0 |
| BROOKFIELD CORP | CL A LTD VT SH | 11271J107 |  | 819344 | 26044 | SH |  | SOLE |  | 0 | 26044 | 0 |
| CABLE ONE INC | COM | 12685J105 |  | 537454 | 755 | SH |  | SOLE |  | 0 | 755 | 0 |
| COCA COLA CO | COM | 191216100 |  | 678582 | 10668 | SH |  | SOLE |  | 0 | 10668 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 263033 | 892 | SH |  | SOLE |  | 0 | 892 | 0 |
| TESLA INC | COM | 88160R101 |  | 436427 | 3543 | SH |  | SOLE |  | 0 | 3543 | 0 |
| CARMAX INC | COM | 143130102 |  | 496071 | 8147 | SH |  | SOLE |  | 0 | 8147 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 983800 | 11816 | SH |  | SOLE |  | 0 | 11816 | 0 |
| CHENIERE ENERGY PARTNERS LP | COM UNIT | 16411Q101 |  | 825965 | 14524 | SH |  | SOLE |  | 0 | 14524 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 374775 | 2088 | SH |  | SOLE |  | 0 | 2088 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 517227 | 10857 | SH |  | SOLE |  | 0 | 10857 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 424974 | 9396 | SH |  | SOLE |  | 0 | 9396 | 0 |
| CONSOLIDATED EDISON INC | COM | 209115104 |  | 635813 | 6671 | SH |  | SOLE |  | 0 | 6671 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 253197 | 2717 | SH |  | SOLE |  | 0 | 2717 | 0 |
| CYBIN INC | COM | 23256X100 |  | 17826 | 60000 | SH |  | SOLE |  | 0 | 60000 | 0 |
| LILLY ELI  CO | COM | 532457108 |  | 226455 | 619 | SH |  | SOLE |  | 0 | 619 | 0 |
| ENBRIDGE INC | COM | 29250N105 |  | 257474 | 6585 | SH |  | SOLE |  | 0 | 6585 | 0 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 |  | 1317481 | 15062 | SH |  | SOLE |  | 0 | 15062 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 1780463 | 16142 | SH |  | SOLE |  | 0 | 16142 | 0 |
| FEDERAL RLTY INVT TR NEW | SH BEN INT NEW | 313745101 |  | 222928 | 2183 | SH |  | SOLE |  | 0 | 2183 | 0 |
| FIDELITY MERRIMACK STR TR | TOTAL BD ETF | 316188309 |  | 7139461 | 158230 | SH |  | SOLE |  | 0 | 158230 | 0 |
| SELECT SECTOR SPDR TR | FINANCIAL | 81369Y605 |  | 542348 | 15858 | SH |  | SOLE |  | 0 | 15858 | 0 |
| FORD MTR CO DEL | COM | 345370860 |  | 741791 | 63783 | SH |  | SOLE |  | 0 | 63783 | 0 |
| GENERAL MLS INC | COM | 370334104 |  | 955579 | 11396 | SH |  | SOLE |  | 0 | 11396 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 609277 | 7097 | SH |  | SOLE |  | 0 | 7097 | 0 |
| GLOBAL X FDS | LITHIUM BTRY ETF | 37954Y855 |  | 1951 | 33 | SH |  | SOLE |  | 0 | 33 | 0 |
| GLOBAL X FDS | US INFR DEV ETF | 37954Y673 |  | 2264091 | 85018 | SH |  | SOLE |  | 0 | 85018 | 0 |
| GOLDMAN SACHS ETF TR | ACTIVEBETA US LG | 381430503 |  | 424621 | 5552 | SH |  | SOLE |  | 0 | 5552 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 1011549 | 2946 | SH |  | SOLE |  | 0 | 2946 | 0 |
| SELECT SECTOR SPDR TR | SBI HEALTHCARE | 81369Y209 |  | 35864 | 264 | SH |  | SOLE |  | 0 | 264 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 738165 | 2337 | SH |  | SOLE |  | 0 | 2337 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 718379 | 5099 | SH |  | SOLE |  | 0 | 5099 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 6490330 | 24374 | SH |  | SOLE |  | 0 | 24374 | 0 |
| INVESCO DB COMMDY INDX TRCK | UNIT | 46138B103 |  | 269745 | 10943 | SH |  | SOLE |  | 0 | 10943 | 0 |
| ISHARES TR | ISHARES BIOTECH | 464287556 |  | 5252 | 40 | SH |  | SOLE |  | 0 | 40 | 0 |
| ISHARES TR | CORE S ETF | 464287200 |  | 37653 | 98 | SH |  | SOLE |  | 0 | 98 | 0 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 349237 | 1444 | SH |  | SOLE |  | 0 | 1444 | 0 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 372698 | 3938 | SH |  | SOLE |  | 0 | 3938 | 0 |
| ISHARES TR | EXPANDED TECH | 464287515 |  | 0 | 0 | SH |  | SOLE |  | 0 | 0 | 0 |
| ISHARES TR | FLTG RATE NT ETF | 46429B655 |  | 818977 | 16272 | SH |  | SOLE |  | 0 | 16272 | 0 |
| ISHARES TR | GLOBAL 100 ETF | 464287572 |  | 692002 | 10804 | SH |  | SOLE |  | 0 | 10804 | 0 |
| ISHARES TR | GL CLEAN ENE ETF | 464288224 |  | 4010 | 202 | SH |  | SOLE |  | 0 | 202 | 0 |
| ISHARES TR | GLOBAL ENERG ETF | 464287341 |  | 50689 | 1300 | SH |  | SOLE |  | 0 | 1300 | 0 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 |  | 239636 | 3255 | SH |  | SOLE |  | 0 | 3255 | 0 |
| ISHARES TR | IBOXX INV CP ETF | 464287242 |  | 222643 | 2112 | SH |  | SOLE |  | 0 | 2112 | 0 |
| ISHARES TR | MSCI CHINA ETF | 46429B671 |  | 0 | 0 | SH |  | SOLE |  | 0 | 0 | 0 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 7058334 | 107531 | SH |  | SOLE |  | 0 | 107531 | 0 |
| ISHARES TR | EAFE VALUE ETF | 464288877 |  | 32389 | 706 | SH |  | SOLE |  | 0 | 706 | 0 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 406343 | 10721 | SH |  | SOLE |  | 0 | 10721 | 0 |
| ISHARES TR | NATIONAL MUN ETF | 464288414 |  | 2027671 | 19216 | SH |  | SOLE |  | 0 | 19216 | 0 |
| ISHARES TR | RUS 2000 VAL ETF | 464287630 |  | 11668479 | 84146 | SH |  | SOLE |  | 0 | 84146 | 0 |
| ISHARES TR | RUS 2000 GRW ETF | 464287648 |  | 9658565 | 45024 | SH |  | SOLE |  | 0 | 45024 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 898420 | 5153 | SH |  | SOLE |  | 0 | 5153 | 0 |
| ISHARES TR | RUS MD CP GR ETF | 464287481 |  | 4700761 | 56229 | SH |  | SOLE |  | 0 | 56229 | 0 |
| ISHARES TR | RUS MDCP VAL ETF | 464287473 |  | 5483810 | 52058 | SH |  | SOLE |  | 0 | 52058 | 0 |
| ISHARES TR | S 500 GRWT ETF | 464287309 |  | 15324927 | 261965 | SH |  | SOLE |  | 0 | 261965 | 0 |
| ISHARES TR | S 500 VAL ETF | 464287408 |  | 20838131 | 143642 | SH |  | SOLE |  | 0 | 143642 | 0 |
| ISHARES TR | SELECT DIVID ETF | 464287168 |  | 10702533 | 88744 | SH |  | SOLE |  | 0 | 88744 | 0 |
| ISHARES TR | ISHARES SEMICDTR | 464287523 |  | 0 | 0 | SH |  | SOLE |  | 0 | 0 | 0 |
| ISHARES TR | TIPS BD ETF | 464287176 |  | 197978 | 1860 | SH |  | SOLE |  | 0 | 1860 | 0 |
| ISHARES TR | U.S. TECH ETF | 464287721 |  | 120649 | 1620 | SH |  | SOLE |  | 0 | 1620 | 0 |
| ISHARES TR | PFD AND INCM SEC | 464288687 |  | 1706409 | 55893 | SH |  | SOLE |  | 0 | 55893 | 0 |
| ISHARES TR | U.S. ENERGY ETF | 464287796 |  | 0 | 0 | SH |  | SOLE |  | 0 | 0 | 0 |
| ISHARES TR | US HLTHCR PR ETF | 464288828 |  | 93424 | 349 | SH |  | SOLE |  | 0 | 349 | 0 |
| ISHARES TR | US OIL GS EX ETF | 464288851 |  | 0 | 0 | SH |  | SOLE |  | 0 | 0 | 0 |
| HANCOCK JOHN TAX-ADVANTAGED | COM | 41013V100 |  | 242453 | 10606 | SH |  | SOLE |  | 0 | 10606 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 406118 | 2299 | SH |  | SOLE |  | 0 | 2299 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 481955 | 3594 | SH |  | SOLE |  | 0 | 3594 | 0 |
| LAMAR ADVERTISING CO NEW | CL A | 512816109 |  | 438488 | 4645 | SH |  | SOLE |  | 0 | 4645 | 0 |
| LENNAR CORP | CL A | 526057104 |  | 568612 | 6283 | SH |  | SOLE |  | 0 | 6283 | 0 |
| LIBERTY BROADBAND CORP | COM SER C | 530307305 |  | 913257 | 11974 | SH |  | SOLE |  | 0 | 11974 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 358543 | 737 | SH |  | SOLE |  | 0 | 737 | 0 |
| LUMEN TECHNOLOGIES INC | COM | 550241103 |  | 65864 | 12618 | SH |  | SOLE |  | 0 | 12618 | 0 |
| MARSH  MCLENNAN COS INC | COM | 571748102 |  | 390367 | 2359 | SH |  | SOLE |  | 0 | 2359 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 468293 | 1777 | SH |  | SOLE |  | 0 | 1777 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 209406 | 2671 | SH |  | SOLE |  | 0 | 2671 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 451857 | 4046 | SH |  | SOLE |  | 0 | 4046 | 0 |
| METLIFE INC | COM | 59156R108 |  | 251269 | 3472 | SH |  | SOLE |  | 0 | 3472 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 624601 | 2604 | SH |  | SOLE |  | 0 | 2604 | 0 |
| MOGO INC | COM | 60800C109 |  | 13233 | 25000 | SH |  | SOLE |  | 0 | 25000 | 0 |
| MOLSON COORS BEVERAGE CO | CL B | 60871R209 |  | 461413 | 8956 | SH |  | SOLE |  | 0 | 8956 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 348677 | 4101 | SH |  | SOLE |  | 0 | 4101 | 0 |
| NATIONAL RETAIL PROPERTIES I | COM | 637417106 |  | 221109 | 4832 | SH |  | SOLE |  | 0 | 4832 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 907562 | 10856 | SH |  | SOLE |  | 0 | 10856 | 0 |
| NUVEEN MUNICIPAL CREDIT INC | COM SH BEN INT | 67070X101 |  | 133036 | 11013 | SH |  | SOLE |  | 0 | 11013 | 0 |
| NUVEEN AMT FREE MUN CR INC F | COM | 67071L106 |  | 160300 | 13204 | SH |  | SOLE |  | 0 | 13204 | 0 |
| PAYCHEX INC | COM | 704326107 |  | 275726 | 2386 | SH |  | SOLE |  | 0 | 2386 | 0 |
| PFIZER INC | COM | 717081103 |  | 729997 | 14247 | SH |  | SOLE |  | 0 | 14247 | 0 |
| PIMCO ETF TR | ENHAN SHRT MA AC | 72201R833 |  | 2127377 | 21517 | SH |  | SOLE |  | 0 | 21517 | 0 |
| SELECT SECTOR SPDR TR | SBI INT-UTILS | 81369Y886 |  | 721850 | 10239 | SH |  | SOLE |  | 0 | 10239 | 0 |
| SENSATA TECHNOLOGIES HLDG PL | SHS | G8060N102 |  | 305313 | 7561 | SH |  | SOLE |  | 0 | 7561 | 0 |
| SONOCO PRODS CO | COM | 835495102 |  | 1149110 | 18928 | SH |  | SOLE |  | 0 | 18928 | 0 |
| SOUTHERN COPPER CORP | COM | 84265V105 |  | 554199 | 9177 | SH |  | SOLE |  | 0 | 9177 | 0 |
| SPDR SER TR | BBG CONV SEC ETF | 78464A359 |  | 2145245 | 33342 | SH |  | SOLE |  | 0 | 33342 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 982539 | 2557 | SH |  | SOLE |  | 0 | 2557 | 0 |
| SPDR SER TR | PRTFLO S HI | 78468R788 |  | 969312 | 24490 | SH |  | SOLE |  | 0 | 24490 | 0 |
| SPDR SER TR | S BIOTECH | 78464A870 |  | 20335 | 245 | SH |  | SOLE |  | 0 | 245 | 0 |
| TEKLA LIFE SCIENCES INVS | SH BEN INT | 87911K100 |  | 180908 | 12731 | SH |  | SOLE |  | 0 | 12731 | 0 |
| TYLER TECHNOLOGIES INC | COM | 902252105 |  | 422035 | 1309 | SH |  | SOLE |  | 0 | 1309 | 0 |
| VANECK ETF TRUST | PREFERRED SECURT | 92189F429 |  | 1354229 | 81043 | SH |  | SOLE |  | 0 | 81043 | 0 |
| VANECK ETF TRUST | GOLD MINERS ETF | 92189F106 |  | 9315 | 325 | SH |  | SOLE |  | 0 | 325 | 0 |
| VANECK ETF TRUST | JUNIOR GOLD MINE | 92189F791 |  | 86630 | 2430 | SH |  | SOLE |  | 0 | 2430 | 0 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 4326631 | 110996 | SH |  | SOLE |  | 0 | 110996 | 0 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 1000351 | 4694 | SH |  | SOLE |  | 0 | 4694 | 0 |
| VANGUARD INDEX FDS | LARGE CAP ETF | 922908637 |  | 333666 | 1915 | SH |  | SOLE |  | 0 | 1915 | 0 |
| VANGUARD INDEX FDS | MCAP GR IDXVIP | 922908538 |  | 379114 | 2109 | SH |  | SOLE |  | 0 | 2109 | 0 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 143515 | 1740 | SH |  | SOLE |  | 0 | 1740 | 0 |
| VANGUARD SCOTTSDALE FDS | VNG RUS2000GRW | 92206C623 |  | 62284 | 400 | SH |  | SOLE |  | 0 | 400 | 0 |
| VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 92206C409 |  | 5871806 | 78093 | SH |  | SOLE |  | 0 | 78093 | 0 |
| VANGUARD INDEX FDS | SML CP GRW ETF | 922908595 |  | 151408 | 755 | SH |  | SOLE |  | 0 | 755 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 258957 | 6573 | SH |  | SOLE |  | 0 | 6573 | 0 |
| VODAFONE GROUP PLC NEW | SPONSORED ADR | 92857W308 |  | 118763 | 10724 | SH |  | SOLE |  | 0 | 10724 | 0 |
| WALGREENS BOOTS ALLIANCE INC | COM | 931427108 |  | 391832 | 10488 | SH |  | SOLE |  | 0 | 10488 | 0 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 223868 | 1427 | SH |  | SOLE |  | 0 | 1427 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 130848 | 3169 | SH |  | SOLE |  | 0 | 3169 | 0 |
| WELLS FARGO CO NEW | PERP PFD CNV A | 949746804 |  | 135805 | 114 | SH |  | SOLE |  | 0 | 114 | 0 |
| WHEELS UP EXPERIENCE INC | COM CL A | 96328L106 |  | 14420 | 14000 | SH |  | SOLE |  | 0 | 14000 | 0 |
| WHITEHORSE FIN INC | COM | 96524V106 |  | 148259 | 11060 | SH |  | SOLE |  | 0 | 11060 | 0 |
| WILLIAMS COS INC | COM | 969457100 |  | 204079 | 6203 | SH |  | SOLE |  | 0 | 6203 | 0 |

---