# EDGAR Filing Document

**Accession Number:** 0001759271
**File Stem:** 0001104659-26-016164
**Filing Date:** 2026-2
**Character Count:** 29403
**Document Hash:** 4ebd5d4925dfa63c40277838085f6ec1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-26-016164.hdr.sgml**: 20260217

**ACCESSION NUMBER**: 0001104659-26-016164

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260217

**DATE AS OF CHANGE**: 20260217

**EFFECTIVENESS DATE**: 20260217

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Calydon Capital
- **CENTRAL INDEX KEY:** 0001759271

**ORGANIZATION NAME:**
- **EIN:** 320506292
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-19396
- **FILM NUMBER:** 26639127

**BUSINESS ADDRESS:**
- **STREET 1:** 949 S SHADY GROVE ROAD
- **STREET 2:** SUITE 402
- **CITY:** MEMPHIS
- **STATE:** TN
- **ZIP:** 38120
- **BUSINESS PHONE:** 9012596300

**MAIL ADDRESS:**
- **STREET 1:** 949 S SHADY GROVE ROAD
- **STREET 2:** SUITE 402
- **CITY:** MEMPHIS
- **STATE:** TN
- **ZIP:** 38120

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Principal Street Partners, LLC
- **DATE OF NAME CHANGE:** 20200814

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Green Square Asset Management, LLC
- **DATE OF NAME CHANGE:** 20181116

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2025

**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:** Calydon Capital<br>**Address:** 949 S SHADY GROVE ROAD<br>SUITE 402<br>MEMPHIS, TN 38120

**Form 13F File Number:** 028-19396

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:** Morgan Sanders<br>**Title:** Chief Compliance Officer<br>**Phone:** 901-250-6700

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

/s/ Morgan Sanders  Memphis, TN  02-17-2026<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:** 0

**Form 13F Information Table Entry Total:** 243

**Form 13F Information Table Value Total:** $592853617

      (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 |
| ABB LTD. | Common stock | 000375204 |  | 627635 | 8485 | SH |  | SOLE |  | 8485 | 0 | 0 |
| AFLAC INC. | Common stock | 001055102 |  | 206646 | 1874 | SH |  | SOLE |  | 1874 | 0 | 0 |
| AES CORP | Common stock | 00130h105 |  | 6032435 | 420672 | SH |  | SOLE |  | 420672 | 0 | 0 |
| AT INC | Common stock | 00206r102 |  | 6244516 | 251390 | SH |  | SOLE |  | 251390 | 0 | 0 |
| ABBVIE INC | Common stock | 00287y109 |  | 8586761 | 37581 | SH |  | SOLE |  | 37581 | 0 | 0 |
| ADOBE INC | Common stock | 00724f101 |  | 220252 | 629 | SH |  | SOLE |  | 629 | 0 | 0 |
| AEGON NV | Common stock | 0076CA104 |  | 138317 | 17940 | SH |  | SOLE |  | 17940 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | Common stock | 007903107 |  | 604360 | 2822 | SH |  | SOLE |  | 2822 | 0 | 0 |
| AIR LIQUIDE SA | Common stock | 009126202 |  | 255821 | 6811 | SH |  | SOLE |  | 6811 | 0 | 0 |
| ALLIANZ SE | Common stock | 018820100 |  | 483460 | 10510 | SH |  | SOLE |  | 10510 | 0 | 0 |
| ALLY FINANCIAL INC | Common stock | 02005n100 |  | 6801934 | 150186 | SH |  | SOLE |  | 150186 | 0 | 0 |
| ALPHABET INC CAP STOCK CL C | Common stock | 02079k107 |  | 2141973 | 6826 | SH |  | SOLE |  | 6826 | 0 | 0 |
| ALPHABET INC CAP STOCK CL A | Common stock | 02079k305 |  | 8737731 | 27916 | SH |  | SOLE |  | 27916 | 0 | 0 |
| ALTRIA GROUP INC | Common stock | 02209s103 |  | 6510031 | 112904 | SH |  | SOLE |  | 112904 | 0 | 0 |
| AMAZON.COM INC | Common stock | 023135106 |  | 9278811 | 40199 | SH |  | SOLE |  | 40199 | 0 | 0 |
| AMERICAN EXPRESS CO. | Common stock | 025816109 |  | 216516 | 585 | SH |  | SOLE |  | 585 | 0 | 0 |
| AMGEN INC | Common stock | 031162100 |  | 6789084 | 20742 | SH |  | SOLE |  | 20742 | 0 | 0 |
| AMPHENOL CORP. | Common stock | 032095101 |  | 460995 | 3411 | SH |  | SOLE |  | 3411 | 0 | 0 |
| APOLLO GLOBAL MANAGEMENT INC. | Common stock | 03769M106 |  | 620731 | 4288 | SH |  | SOLE |  | 4288 | 0 | 0 |
| APPLE INC. | Common stock | 037833100 |  | 13987193 | 51450 | SH |  | SOLE |  | 51450 | 0 | 0 |
| APPLIED MATERIALS INC. | Common stock | 038222105 |  | 228207 | 888 | SH |  | SOLE |  | 888 | 0 | 0 |
| APPLOVIN CORP. | Common stock | 03831W108 |  | 301871 | 448 | SH |  | SOLE |  | 448 | 0 | 0 |
| ARES CAPITAL CORP | Mutual fund | 04010l103 |  | 309013 | 15275 | SH |  | SOLE |  | 15275 | 0 | 0 |
| ARISTA NETWORKS INC | Common stock | 040413205 |  | 212793 | 1624 | SH |  | SOLE |  | 1624 | 0 | 0 |
| AUTODESK INC | Common stock | 052769106 |  | 806923 | 2726 | SH |  | SOLE |  | 2726 | 0 | 0 |
| BAE SYSTEMS PLC | Common stock | 05523R107 |  | 808335 | 8703 | SH |  | SOLE |  | 8703 | 0 | 0 |
| BP PLC | Common stock | 055622104 |  | 317415 | 9139 | SH |  | SOLE |  | 9139 | 0 | 0 |
| BANCO BILBAO VISCAYA ARGENTARIA SA | Common stock | 05946K101 |  | 290955 | 12482 | SH |  | SOLE |  | 12482 | 0 | 0 |
| BANCO SANTANDER SA | Common stock | 05964H105 |  | 165123 | 14077 | SH |  | SOLE |  | 14077 | 0 | 0 |
| BANK OF AMERICA CORP. | Common stock | 060505104 |  | 255640 | 4648 | SH |  | SOLE |  | 4648 | 0 | 0 |
| BERKSHIRE HATHAWAY INC. | Common stock | 084670108 |  | 6038400 | 8 | SH |  | SOLE |  | 8 | 0 | 0 |
| BERKSHIRE HATHAWAY INC. | Common stock | 084670702 |  | 1450648 | 2886 | SH |  | SOLE |  | 2886 | 0 | 0 |
| BEST BUY INC | Common stock | 086516101 |  | 262633 | 3924 | SH |  | SOLE |  | 3924 | 0 | 0 |
| BLACKROCK INC | Common stock | 09290d101 |  | 369267 | 345 | SH |  | SOLE |  | 345 | 0 | 0 |
| BOSTON SCIENTIFIC CORP. | Common stock | 101137107 |  | 205765 | 2158 | SH |  | SOLE |  | 2158 | 0 | 0 |
| BRISTOL MYERS SQUIBB CO | Common stock | 110122108 |  | 6733942 | 124841 | SH |  | SOLE |  | 124841 | 0 | 0 |
| BROADCOM INC COM | Common stock | 11135f101 |  | 2626244 | 7588 | SH |  | SOLE |  | 7588 | 0 | 0 |
| BROOKFIELD ASSET MANAGEMENT LTD. | Common stock | 113004105 |  | 334799 | 6391 | SH |  | SOLE |  | 6391 | 0 | 0 |
| CBOE GLOBAL MARKETS INC. | Common stock | 12503M108 |  | 642959 | 2562 | SH |  | SOLE |  | 2562 | 0 | 0 |
| CVS HEALTH CORPORATION | Common stock | 126650100 |  | 7601167 | 95781 | SH |  | SOLE |  | 95781 | 0 | 0 |
| CADENCE DESIGN SYSTEMS INC. | Common stock | 127387108 |  | 461056 | 1475 | SH |  | SOLE |  | 1475 | 0 | 0 |
| CAPITAL ONE FINANCIAL CORP. | Common stock | 14040H105 |  | 217882 | 899 | SH |  | SOLE |  | 899 | 0 | 0 |
| CATERPILLAR INC. | Common stock | 149123101 |  | 416476 | 727 | SH |  | SOLE |  | 727 | 0 | 0 |
| CHENIERE ENERGY INC | Common stock | 16411r208 |  | 618160 | 3180 | SH |  | SOLE |  | 3180 | 0 | 0 |
| CHEVRON CORP | Common stock | 166764100 |  | 6854935 | 44977 | SH |  | SOLE |  | 44977 | 0 | 0 |
| CIENA CORP | Common stock | 171779309 |  | 1607389 | 6873 | SH |  | SOLE |  | 6873 | 0 | 0 |
| CISCO SYSTEMS INC | Common stock | 17275r102 |  | 747653 | 9706 | SH |  | SOLE |  | 9706 | 0 | 0 |
| CINTAS CORP. | Common stock | 172908105 |  | 312948 | 1664 | SH |  | SOLE |  | 1664 | 0 | 0 |
| CITIGROUP INC | Common stock | 172967424 |  | 471427 | 4040 | SH |  | SOLE |  | 4040 | 0 | 0 |
| CLEARWAY ENERGY INC CL C | Common stock | 18539c204 |  | 6782998 | 203939 | SH |  | SOLE |  | 203939 | 0 | 0 |
| COCA-COLA CO | Common stock | 191216100 |  | 6221935 | 88999 | SH |  | SOLE |  | 88999 | 0 | 0 |
| COLOPLAST A/S | Common stock | 19624Y200 |  | 189355 | 22277 | SH |  | SOLE |  | 22277 | 0 | 0 |
| COMCAST CORP CL A | Common stock | 20030n101 |  | 985503 | 32971 | SH |  | SOLE |  | 32971 | 0 | 0 |
| COMERICA INC | Common stock | 200340107 |  | 8275218 | 95194 | SH |  | SOLE |  | 95194 | 0 | 0 |
| CONOCOPHILLIPS | Common stock | 20825c104 |  | 209406 | 2237 | SH |  | SOLE |  | 2237 | 0 | 0 |
| CONSTELLATION ENERGY CORP | Common stock | 21037t109 |  | 354683 | 1004 | SH |  | SOLE |  | 1004 | 0 | 0 |
| CORNING INC | Common stock | 219350105 |  | 7888543 | 90093 | SH |  | SOLE |  | 90093 | 0 | 0 |
| COSTCO WHOLESALE CORP. | Common stock | 22160K105 |  | 844291 | 979 | SH |  | SOLE |  | 979 | 0 | 0 |
| CROWN HOLDINGS INC | Common stock | 228368106 |  | 756005 | 7342 | SH |  | SOLE |  | 7342 | 0 | 0 |
| CUMMINS INC | Common stock | 231021106 |  | 565068 | 1107 | SH |  | SOLE |  | 1107 | 0 | 0 |
| DTE ENERGY CO | Common stock | 233331107 |  | 265698 | 2060 | SH |  | SOLE |  | 2060 | 0 | 0 |
| DELTA AIR LINES INC | Common stock | 247361702 |  | 809689 | 11667 | SH |  | SOLE |  | 11667 | 0 | 0 |
| DIAGEO PLC | Common stock | 25243Q205 |  | 209967 | 2434 | SH |  | SOLE |  | 2434 | 0 | 0 |
| DIMENSIONAL US EQUITY ETF | Exchange traded fund | 25434V401 |  | 971539 | 13099 | SH |  | SOLE |  | 13099 | 0 | 0 |
| DFA US CORE EQUITY ETF | Exchange traded fund | 25434V708 |  | 406075 | 10257 | SH |  | SOLE |  | 10257 | 0 | 0 |
| DORCHESTER MINERALS LP | Common stock | 25820r105 |  | 312392 | 13971 | SH |  | SOLE |  | 13971 | 0 | 0 |
| DUKE ENERGY CORP | Common stock | 26441c204 |  | 6388200 | 54502 | SH |  | SOLE |  | 54502 | 0 | 0 |
| EASTMAN CHEM CO | Common stock | 277432100 |  | 6139052 | 96178 | SH |  | SOLE |  | 96178 | 0 | 0 |
| ENEL SPA | Common stock | 29265W207 |  | 361016 | 34780 | SH |  | SOLE |  | 34780 | 0 | 0 |
| ENERGY TRANSFER LP | Common stock | 29273v100 |  | 215541 | 13071 | SH |  | SOLE |  | 13071 | 0 | 0 |
| ENTERGY CORP | Common stock | 29364g103 |  | 6885341 | 74492 | SH |  | SOLE |  | 74492 | 0 | 0 |
| ENTERPRISE PRODUCTS PARTNERS LP | Common stock | 293792107 |  | 232307 | 7246 | SH |  | SOLE |  | 7246 | 0 | 0 |
| EXELON CORP | Common stock | 30161n101 |  | 320292 | 7348 | SH |  | SOLE |  | 7348 | 0 | 0 |
| EXPERIAN PLC | Common stock | 30215C101 |  | 278157 | 6158 | SH |  | SOLE |  | 6158 | 0 | 0 |
| EXXON MOBIL CORP | Common stock | 30231g102 |  | 8075086 | 67102 | SH |  | SOLE |  | 67102 | 0 | 0 |
| META PLATFORMS INC. | Common stock | 30303M102 |  | 9670501 | 14650 | SH |  | SOLE |  | 14650 | 0 | 0 |
| FEDEX CORP | Common stock | 31428x106 |  | 1110089 | 3843 | SH |  | SOLE |  | 3843 | 0 | 0 |
| FERGUSON ENTERPRISES INC COMMON STOCK NEW | Common stock | 31488V107 |  | 300105 | 1348 | SH |  | SOLE |  | 1348 | 0 | 0 |
| GALP ENERGIA SGPS SA UNSPONSORED ADR | Common stock | 364097105 |  | 115587 | 13744 | SH |  | SOLE |  | 13744 | 0 | 0 |
| GE VERNOVA INC | Common stock | 36828a101 |  | 1457462 | 2230 | SH |  | SOLE |  | 2230 | 0 | 0 |
| GENERAC HOLDINGS INC | Common stock | 368736104 |  | 596755 | 4376 | SH |  | SOLE |  | 4376 | 0 | 0 |
| GENERAL DYNAMICS CORP. | Common stock | 369550108 |  | 252242 | 749 | SH |  | SOLE |  | 749 | 0 | 0 |
| GENERAL ELECTRIC CO. | Common stock | 369604301 |  | 308030 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| GILEAD SCIENCES INC | Common stock | 375558103 |  | 7964624 | 64890 | SH |  | SOLE |  | 64890 | 0 | 0 |
| GLOBAL X ARTIFICIAL INTELLIGENCE  TECHNOLOGY ETF | Exchange traded fund | 37954Y632 |  | 1125603 | 22131 | SH |  | SOLE |  | 22131 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | Common stock | 38141g104 |  | 870283 | 990 | SH |  | SOLE |  | 990 | 0 | 0 |
| GOLDMAN SACHS BDC INC | Mutual fund | 38147u107 |  | 113123 | 12190 | SH |  | SOLE |  | 12190 | 0 | 0 |
| HCA HEALTHCARE INC. | Common stock | 40412C101 |  | 259596 | 556 | SH |  | SOLE |  | 556 | 0 | 0 |
| HSBC HOLDINGS PLC | Common stock | 404280406 |  | 475324 | 6042 | SH |  | SOLE |  | 6042 | 0 | 0 |
| HILTON WORLDWIDE HOLDINGS INC. | Common stock | 43300A203 |  | 216874 | 755 | SH |  | SOLE |  | 755 | 0 | 0 |
| HITACHI LTD. | Common stock | 433578507 |  | 1031254 | 33053 | SH |  | SOLE |  | 33053 | 0 | 0 |
| HOME DEPOT INC | Common stock | 437076102 |  | 6035574 | 17541 | SH |  | SOLE |  | 17541 | 0 | 0 |
| IBERDROLA SA | Common stock | 450737101 |  | 419990 | 4861 | SH |  | SOLE |  | 4861 | 0 | 0 |
| ICICI BANK LTD. | Common stock | 45104G104 |  | 226480 | 7600 | SH |  | SOLE |  | 7600 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHINE | Common stock | 459200101 |  | 7670497 | 25895 | SH |  | SOLE |  | 25895 | 0 | 0 |
| INVESCO QQQ TR UNIT SER 1 | Exchange traded fund | 46090e103 |  | 269228 | 438 | SH |  | SOLE |  | 438 | 0 | 0 |
| INTUIT INC. | Common stock | 461202103 |  | 263683 | 398 | SH |  | SOLE |  | 398 | 0 | 0 |
| INTUITIVE SURGICAL INC. | Common stock | 46120E602 |  | 292808 | 517 | SH |  | SOLE |  | 517 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD TR | Exchange traded fund | 46137v357 |  | 10469719 | 54655 | SH |  | SOLE |  | 54655 | 0 | 0 |
| ISHARES MSCI USA EQUAL-WEIGHTED ETF | Exchange traded fund | 464286681 |  | 29273941 | 283196 | SH |  | SOLE |  | 283196 | 0 | 0 |
| ISHARES S 500 GROWTH ETF | Exchange traded fund | 464287309 |  | 43424618 | 352301 | SH |  | SOLE |  | 352301 | 0 | 0 |
| ISHARES SEMICONDUCTOR ETF | Exchange traded fund | 464287523 |  | 304465 | 1011 | SH |  | SOLE |  | 1011 | 0 | 0 |
| ISHARES RUSSELL 2000 VALUE ETF | Exchange traded fund | 464287630 |  | 1124155 | 6204 | SH |  | SOLE |  | 6204 | 0 | 0 |
| ISHARES MSCI EAFE GROWTH INDEX ETF | Exchange traded fund | 464288885 |  | 1043743 | 9162 | SH |  | SOLE |  | 9162 | 0 | 0 |
| ISHARES CORE MSCI EAFE ETF | Exchange traded fund | 46432F842 |  | 330286 | 3692 | SH |  | SOLE |  | 3692 | 0 | 0 |
| ISHARES MSCI INTERNATIONAL QUALITY FACTOR ETF | Exchange traded fund | 46434V456 |  | 6057078 | 133269 | SH |  | SOLE |  | 133269 | 0 | 0 |
| JPMORGAN CHASE  CO | Common stock | 46625h100 |  | 2129009 | 6607 | SH |  | SOLE |  | 6607 | 0 | 0 |
| JOHNSON  JOHNSON | Common stock | 478160104 |  | 7944790 | 38390 | SH |  | SOLE |  | 38390 | 0 | 0 |
| KLA CORP. | Common stock | 482480100 |  | 239371 | 197 | SH |  | SOLE |  | 197 | 0 | 0 |
| KKR  CO INC CL A | Common stock | 48251w104 |  | 655374 | 5141 | SH |  | SOLE |  | 5141 | 0 | 0 |
| KDDI CORP. | Common stock | 48667L106 |  | 200564 | 11600 | SH |  | SOLE |  | 11600 | 0 | 0 |
| KINDER MORGAN INC | Common stock | 49456b101 |  | 6003649 | 218394 | SH |  | SOLE |  | 218394 | 0 | 0 |
| KORN FERRY INTL | Common stock | 500643200 |  | 215027 | 3257 | SH |  | SOLE |  | 3257 | 0 | 0 |
| KROGER CO | Common stock | 501044101 |  | 372569 | 5963 | SH |  | SOLE |  | 5963 | 0 | 0 |
| L'OREAL SA | Common stock | 502117203 |  | 436387 | 5095 | SH |  | SOLE |  | 5095 | 0 | 0 |
| LVMH MOET HENNESSY LOUIS VUITTON SE | Common stock | 502441306 |  | 788887 | 5231 | SH |  | SOLE |  | 5231 | 0 | 0 |
| LAM RESEARCH CORP. | Common stock | 512807306 |  | 410832 | 2400 | SH |  | SOLE |  | 2400 | 0 | 0 |
| ELI LILLY  CO | Common stock | 532457108 |  | 1695845 | 1578 | SH |  | SOLE |  | 1578 | 0 | 0 |
| LOCKHEED MARTIN CORP | Common stock | 539830109 |  | 6726739 | 13908 | SH |  | SOLE |  | 13908 | 0 | 0 |
| LOWES COS INC | Common stock | 548661107 |  | 791319 | 3281 | SH |  | SOLE |  | 3281 | 0 | 0 |
| MPLX LP | Common stock | 55336v100 |  | 347865 | 6518 | SH |  | SOLE |  | 6518 | 0 | 0 |
| MARRIOTT INTERNATIONAL INC. | Common stock | 571903202 |  | 246641 | 795 | SH |  | SOLE |  | 795 | 0 | 0 |
| MARTIN MARIETTA MATERIALS INC | Common stock | 573284106 |  | 730380 | 1173 | SH |  | SOLE |  | 1173 | 0 | 0 |
| MASTERCARD INC CL A | Common stock | 57636q104 |  | 1354209 | 2372 | SH |  | SOLE |  | 2372 | 0 | 0 |
| MCDONALD'S CORP. | Common stock | 580135101 |  | 247945 | 811 | SH |  | SOLE |  | 811 | 0 | 0 |
| MERCK  CO. INC. | Common stock | 58933Y105 |  | 287161 | 2728 | SH |  | SOLE |  | 2728 | 0 | 0 |
| METLIFE INC | Common stock | 59156r108 |  | 654965 | 8297 | SH |  | SOLE |  | 8297 | 0 | 0 |
| MICROSOFT CORP | Common stock | 594918104 |  | 9237676 | 19101 | SH |  | SOLE |  | 19101 | 0 | 0 |
| MICRON TECHNOLOGY INC | Common stock | 595112103 |  | 2089486 | 7321 | SH |  | SOLE |  | 7321 | 0 | 0 |
| MID-AMERICA APARTMENT COMMUNITIES INC. | Common stock | 59522J103 |  | 3992134 | 28739 | SH |  | SOLE |  | 28739 | 0 | 0 |
| MIZUHO FINANCIAL GROUP INC. | Common stock | 60687Y109 |  | 194295 | 26543 | SH |  | SOLE |  | 26543 | 0 | 0 |
| MONSTER BEVERAGE CORP | Common stock | 61174x109 |  | 920960 | 12012 | SH |  | SOLE |  | 12012 | 0 | 0 |
| MORGAN STANLEY | Common stock | 617446448 |  | 8927309 | 50286 | SH |  | SOLE |  | 50286 | 0 | 0 |
| MOUNT LOGAN CAP INC | Common stock | 62188e103 |  | 83086 | 10071 | SH |  | SOLE |  | 10071 | 0 | 0 |
| MUNICH RE GROUP UNSPONSORED ADR | Common stock | 626188106 |  | 219416 | 16635 | SH |  | SOLE |  | 16635 | 0 | 0 |
| NATIONAL GRID PLC | Common stock | 636274409 |  | 260782 | 3371 | SH |  | SOLE |  | 3371 | 0 | 0 |
| NETFLIX INC. | Common stock | 64110L106 |  | 3643514 | 38860 | SH |  | SOLE |  | 38860 | 0 | 0 |
| NETWORK-1 TECHNOLOGIES INC | Common stock | 64121n109 |  | 47427 | 36204 | SH |  | SOLE |  | 36204 | 0 | 0 |
| NEWMONT CORP. | Common stock | 651639106 |  | 372041 | 3726 | SH |  | SOLE |  | 3726 | 0 | 0 |
| NISOURCE INC | Common stock | 65473p105 |  | 275073 | 6587 | SH |  | SOLE |  | 6587 | 0 | 0 |
| NOVARTIS AG | Common stock | 66987V109 |  | 789580 | 5727 | SH |  | SOLE |  | 5727 | 0 | 0 |
| NOVO NORDISK A/S | Common stock | 670100205 |  | 393499 | 7734 | SH |  | SOLE |  | 7734 | 0 | 0 |
| NVIDIA CORP | Common stock | 67066g104 |  | 6197700 | 33232 | SH |  | SOLE |  | 33232 | 0 | 0 |
| O'REILLY AUTOMOTIVE INC | Common stock | 67103h107 |  | 722109 | 7917 | SH |  | SOLE |  | 7917 | 0 | 0 |
| OAKTREE SPECIALTY LENDING CORP | Mutual fund | 67401p405 |  | 266075 | 20885 | SH |  | SOLE |  | 20885 | 0 | 0 |
| OKTA INC CL A | Common stock | 679295105 |  | 502996 | 5817 | SH |  | SOLE |  | 5817 | 0 | 0 |
| OMNICOM GROUP INC | Common stock | 681919106 |  | 6313393 | 78184 | SH |  | SOLE |  | 78184 | 0 | 0 |
| ONEOK INC. | Common stock | 682680103 |  | 206903 | 2815 | SH |  | SOLE |  | 2815 | 0 | 0 |
| ORACLE CORP | Common stock | 68389x105 |  | 243058 | 1247 | SH |  | SOLE |  | 1247 | 0 | 0 |
| PACKAGING CORP AMERICA | Common stock | 695156109 |  | 6223969 | 30180 | SH |  | SOLE |  | 30180 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC. | Common stock | 69608A108 |  | 722554 | 4065 | SH |  | SOLE |  | 4065 | 0 | 0 |
| PALO ALTO NETWORKS INC | Common stock | 697435105 |  | 824111 | 4474 | SH |  | SOLE |  | 4474 | 0 | 0 |
| PARKER-HANNIFIN CORP. | Common stock | 701094104 |  | 239077 | 272 | SH |  | SOLE |  | 272 | 0 | 0 |
| PAYCHEX INC | Common stock | 704326107 |  | 1263004 | 11259 | SH |  | SOLE |  | 11259 | 0 | 0 |
| PEARSON PLC SPONS ADR | Common stock | 705015105 |  | 166992 | 11894 | SH |  | SOLE |  | 11894 | 0 | 0 |
| PEPSICO INC | Common stock | 713448108 |  | 6226845 | 43387 | SH |  | SOLE |  | 43387 | 0 | 0 |
| PHILIP MORRIS INTERNATIONAL INC. | Common stock | 718172109 |  | 244161 | 1522 | SH |  | SOLE |  | 1522 | 0 | 0 |
| PHILLIPS 66 | Common stock | 718546104 |  | 305438 | 2367 | SH |  | SOLE |  | 2367 | 0 | 0 |
| PROCTER  GAMBLE CO. | Common stock | 742718109 |  | 264469 | 1845 | SH |  | SOLE |  | 1845 | 0 | 0 |
| PROSUS NV | Common stock | 74365P108 |  | 204879 | 16576 | SH |  | SOLE |  | 16576 | 0 | 0 |
| QUALCOMM INC. | Common stock | 747525103 |  | 206001 | 1204 | SH |  | SOLE |  | 1204 | 0 | 0 |
| QUANTA SERVICES INC | Common stock | 74762e102 |  | 268853 | 637 | SH |  | SOLE |  | 637 | 0 | 0 |
| RAYMOND JAMES FINANCIAL INC | Common stock | 754730109 |  | 708213 | 4410 | SH |  | SOLE |  | 4410 | 0 | 0 |
| RTX CORPORATION COM | Common stock | 75513e101 |  | 539746 | 2943 | SH |  | SOLE |  | 2943 | 0 | 0 |
| REGIONS FINANCIAL CORP | Common stock | 7591ep100 |  | 275390 | 10162 | SH |  | SOLE |  | 10162 | 0 | 0 |
| RELX PLC SPONSORED ADR | Common stock | 759530108 |  | 214024 | 5295 | SH |  | SOLE |  | 5295 | 0 | 0 |
| RIO TINTO PLC | Common stock | 767204100 |  | 209883 | 2623 | SH |  | SOLE |  | 2623 | 0 | 0 |
| ROYAL BANK OF CANADA | Common stock | 780087102 |  | 765159 | 4488 | SH |  | SOLE |  | 4488 | 0 | 0 |
| SHELL PLC | Common stock | 780259305 |  | 243072 | 3308 | SH |  | SOLE |  | 3308 | 0 | 0 |
| S GLOBAL INC. | Common stock | 78409V104 |  | 317039 | 607 | SH |  | SOLE |  | 607 | 0 | 0 |
| SPDR S 500 ETF TR | Exchange traded fund | 78462f103 |  | 32571627 | 47765 | SH |  | SOLE |  | 47765 | 0 | 0 |
| SPDR S DIVIDEND ETF | Exchange traded fund | 78464A763 |  | 2524026 | 18138 | SH |  | SOLE |  | 18138 | 0 | 0 |
| SALESFORCE.COM INC | Common stock | 79466l302 |  | 817513 | 3086 | SH |  | SOLE |  | 3086 | 0 | 0 |
| SAMSUNG ELECTRONICS CO. LTD. | Common stock | 796050888 |  | 595008 | 288 | SH |  | SOLE |  | 288 | 0 | 0 |
| SAP SE | Common stock | 803054204 |  | 904105 | 3722 | SH |  | SOLE |  | 3722 | 0 | 0 |
| SEMPRA ENERGY | Common stock | 816851109 |  | 225718 | 2557 | SH |  | SOLE |  | 2557 | 0 | 0 |
| SERVICENOW INC | Common stock | 81762p102 |  | 738376 | 4820 | SH |  | SOLE |  | 4820 | 0 | 0 |
| SHIN-ETSU CHEMICAL CO. LTD. | Common stock | 824551105 |  | 207452 | 13384 | SH |  | SOLE |  | 13384 | 0 | 0 |
| SIXTH STREET SPECIALTY LENDNIN | Mutual fund | 83012a109 |  | 302885 | 13945 | SH |  | SOLE |  | 13945 | 0 | 0 |
| SMUCKER J M CO | Common stock | 832696405 |  | 5281256 | 53995 | SH |  | SOLE |  | 53995 | 0 | 0 |
| SNAP ON INC | Common stock | 833034101 |  | 6206218 | 18010 | SH |  | SOLE |  | 18010 | 0 | 0 |
| STARBUCKS CORP. | Common stock | 855244109 |  | 318142 | 3778 | SH |  | SOLE |  | 3778 | 0 | 0 |
| STATE STREET CORP | Common stock | 857477103 |  | 8304714 | 64373 | SH |  | SOLE |  | 64373 | 0 | 0 |
| SUMITOMO MITSUI FINLGROUP INC SPONSORED ADR ISIN #US86562M2098 | Common stock | 86562M209 |  | 569752 | 29475 | SH |  | SOLE |  | 29475 | 0 | 0 |
| SYNOPSYS INC | Common stock | 871607107 |  | 267036 | 569 | SH |  | SOLE |  | 569 | 0 | 0 |
| TJX COMPANIES INC. | Common stock | 872540109 |  | 399540 | 2601 | SH |  | SOLE |  | 2601 | 0 | 0 |
| T-MOBILE US INC | Common stock | 872590104 |  | 672265 | 3311 | SH |  | SOLE |  | 3311 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MFG LTD S | Common stock | 874039100 |  | 550649 | 1812 | SH |  | SOLE |  | 1812 | 0 | 0 |
| TALEN ENERGY CORP | Common stock | 87422q109 |  | 462927 | 1235 | SH |  | SOLE |  | 1235 | 0 | 0 |
| TAPESTRY INC | Common stock | 876030107 |  | 727394 | 5693 | SH |  | SOLE |  | 5693 | 0 | 0 |
| TESCO PLC | Common stock | 881575401 |  | 649547 | 36106 | SH |  | SOLE |  | 36106 | 0 | 0 |
| TESLA MOTORS INC | Common stock | 88160r101 |  | 2656496 | 5907 | SH |  | SOLE |  | 5907 | 0 | 0 |
| TEXAS INSTRUMENTS INC | Common stock | 882508104 |  | 6557001 | 37795 | SH |  | SOLE |  | 37795 | 0 | 0 |
| THOMSON REUTERS CORP. | Common stock | 884903808 |  | 201000 | 1524 | SH |  | SOLE |  | 1524 | 0 | 0 |
| TRAVEL PLUS LEISURE CO | Common stock | 894164102 |  | 7754576 | 109947 | SH |  | SOLE |  | 109947 | 0 | 0 |
| TRINITY CAP INC | Mutual fund | 896442308 |  | 362045 | 24713 | SH |  | SOLE |  | 24713 | 0 | 0 |
| TRIPLE FLAG PRECIOUS METAL COM | Common stock | 89679M104 |  | 808409 | 24335 | SH |  | SOLE |  | 24335 | 0 | 0 |
| UGI CORP | Common stock | 902681105 |  | 6219754 | 166170 | SH |  | SOLE |  | 166170 | 0 | 0 |
| UNILEVER PLC | Common stock | 904767803 |  | 416533 | 6369 | SH |  | SOLE |  | 6369 | 0 | 0 |
| UNITEDHEALTH GROUP INC. | Common stock | 91324P102 |  | 235154 | 712 | SH |  | SOLE |  | 712 | 0 | 0 |
| UNUM GROUP | Common stock | 91529y106 |  | 6622011 | 85445 | SH |  | SOLE |  | 85445 | 0 | 0 |
| VANECK VECTORS AGRIBUSINESS ETF | Exchange traded fund | 92189F700 |  | 592382 | 8138 | SH |  | SOLE |  | 8138 | 0 | 0 |
| VANGUARD DIVIDEND APPRECIATION ETF | Exchange traded fund | 921908844 |  | 7375739 | 33560 | SH |  | SOLE |  | 33560 | 0 | 0 |
| VANGUARD TOTAL INTERNATIONAL STOCK ETF | Exchange traded fund | 921909768 |  | 13104458 | 173707 | SH |  | SOLE |  | 173707 | 0 | 0 |
| VANGUARD MSCI EAFE ETF | Exchange traded fund | 921943858 |  | 4008423 | 64166 | SH |  | SOLE |  | 64166 | 0 | 0 |
| VANGUARD FTSE EUROPE ETF | Exchange traded fund | 922042874 |  | 234275 | 2802 | SH |  | SOLE |  | 2802 | 0 | 0 |
| VANGUARD RUSSELL 3000 ETF | Exchange traded fund | 92206C599 |  | 788066 | 2624 | SH |  | SOLE |  | 2624 | 0 | 0 |
| VANGUARD RUSSELL 1000 GROWTH ETF | Exchange traded fund | 92206C680 |  | 929318 | 7633 | SH |  | SOLE |  | 7633 | 0 | 0 |
| VANGUARD RUSSELL 1000 VALUE ETF | Exchange traded fund | 92206C714 |  | 788980 | 8548 | SH |  | SOLE |  | 8548 | 0 | 0 |
| VANGUARD S 500 ETF | Exchange traded fund | 922908363 |  | 2140980 | 3414 | SH |  | SOLE |  | 3414 | 0 | 0 |
| VANGUARD VALUE ETF | Exchange traded fund | 922908744 |  | 9105471 | 47675 | SH |  | SOLE |  | 47675 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | Common stock | 92343v104 |  | 6076879 | 149199 | SH |  | SOLE |  | 149199 | 0 | 0 |
| VERTEX PHARMACEUTICALS INC | Common stock | 92532f100 |  | 899920 | 1985 | SH |  | SOLE |  | 1985 | 0 | 0 |
| VERTIV HOLDINGS CO CL A | Common stock | 92537n108 |  | 936904 | 5783 | SH |  | SOLE |  | 5783 | 0 | 0 |
| VISA INC CL A | Common stock | 92826c839 |  | 1635010 | 4662 | SH |  | SOLE |  | 4662 | 0 | 0 |
| VOYA FINANCIAL INC | Common stock | 929089100 |  | 621470 | 8343 | SH |  | SOLE |  | 8343 | 0 | 0 |
| WALMART INC. | Common stock | 931142103 |  | 535059 | 4803 | SH |  | SOLE |  | 4803 | 0 | 0 |
| WELLS FARGO  CO. | Common stock | 949746101 |  | 376248 | 4037 | SH |  | SOLE |  | 4037 | 0 | 0 |
| WIPRO LTD. | Common stock | 97651M109 |  | 83817 | 29513 | SH |  | SOLE |  | 29513 | 0 | 0 |
| WOORI FINANCE HOLDINGS CO LTD-ADR | Common stock | 981064108 |  | 232397 | 3953 | SH |  | SOLE |  | 3953 | 0 | 0 |
| XCEL ENERGY INC | Common stock | 98389b100 |  | 6594400 | 89282 | SH |  | SOLE |  | 89282 | 0 | 0 |
| ZIONS BANCORPORATION | Common stock | 989701107 |  | 6984231 | 119307 | SH |  | SOLE |  | 119307 | 0 | 0 |
| ZOOMINFO TECHNOLIGIES INC. | Common stock | 98980F104 |  | 856416 | 84210 | SH |  | SOLE |  | 84210 | 0 | 0 |
| TOTALENERGIES SE ACT | Common stock | F92124100 |  | 451202 | 6897 | SH |  | SOLE |  | 6897 | 0 | 0 |
| ASTRAZENECA PLC | Common stock | G0593M107 |  | 905331 | 9848 | SH |  | SOLE |  | 9848 | 0 | 0 |
| ACCENTURE PLC | Common stock | G1151C101 |  | 417421 | 1556 | SH |  | SOLE |  | 1556 | 0 | 0 |
| COCA-COLA EUROPACIFIC PARTNERS PLC | Common stock | G25839104 |  | 702998 | 7751 | SH |  | SOLE |  | 7751 | 0 | 0 |
| IHS HOLDING LTD. | Common stock | G4701H109 |  | 96614 | 12951 | SH |  | SOLE |  | 12951 | 0 | 0 |
| NVENT ELECTRIC PLC | Common stock | g6700g107 |  | 654138 | 6415 | SH |  | SOLE |  | 6415 | 0 | 0 |
| SHELL PLC | Common stock | G80827101 |  | 237232 | 6437 | SH |  | SOLE |  | 6437 | 0 | 0 |
| BUNGE GLOBAL SA COM | Common stock | h11356104 |  | 7379231 | 82838 | SH |  | SOLE |  | 82838 | 0 | 0 |
| CHUBB LTD. | Common stock | H1467J104 |  | 268423 | 860 | SH |  | SOLE |  | 860 | 0 | 0 |
| GARMIN LTD. | Common stock | H2906T109 |  | 652916 | 3219 | SH |  | SOLE |  | 3219 | 0 | 0 |
| UBS GROUP AG | Common stock | H42097107 |  | 356309 | 7694 | SH |  | SOLE |  | 7694 | 0 | 0 |
| LOGITECH INTERNATIONAL SA | Common stock | H50430232 |  | 243635 | 2431 | SH |  | SOLE |  | 2431 | 0 | 0 |
| MITSUBISHI CORP ORD | Common stock | J43830116 |  | 569961 | 24900 | SH |  | SOLE |  | 24900 | 0 | 0 |
| MILLICOM INTERNATIONAL CELLULAR COM USD1.50(POST-SUBD) | Common stock | L6388F110 |  | 250977 | 4527 | SH |  | SOLE |  | 4527 | 0 | 0 |
| ASML HOLDING NV NY REGISTRY | Common stock | n07059210 |  | 662052 | 619 | SH |  | SOLE |  | 619 | 0 | 0 |
| EURONEXT NV | Common stock | N3113K397 |  | 404236 | 2689 | SH |  | SOLE |  | 2689 | 0 | 0 |
| FERRARI NV | Common stock | N3167Y103 |  | 638969 | 1729 | SH |  | SOLE |  | 1729 | 0 | 0 |
| WOODSIDE ENERGY GROUP LTD. | Common stock | Q98327333 |  | 192453 | 12234 | SH |  | SOLE |  | 12234 | 0 | 0 |
| INFRASTRUTTURE WIRELESS ITALIANE SPA | Common stock | T6032P102 |  | 125259 | 14074 | SH |  | SOLE |  | 14074 | 0 | 0 |
| EDP-ENERGIAS DE PORTUGAL SA | Common stock | X67925119 |  | 171068 | 37205 | SH |  | SOLE |  | 37205 | 0 | 0 |

---