# EDGAR Filing Document

**Accession Number:** 0001954480
**File Stem:** 0001085146-25-003902
**Filing Date:** 2025-7
**Character Count:** 17299
**Document Hash:** 05a6767206b761c943aa1414cefad32f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001085146-25-003902.hdr.sgml**: 20250717

**ACCESSION NUMBER**: 0001085146-25-003902

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250717

**DATE AS OF CHANGE**: 20250716

**EFFECTIVENESS DATE**: 20250717

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Western Financial Corp/CA
- **CENTRAL INDEX KEY:** 0001954480

**ORGANIZATION NAME:**
- **EIN:** 952885402
- **STATE OF INCORPORATION:** CA
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-22742
- **FILM NUMBER:** 251128282

**BUSINESS ADDRESS:**
- **STREET 1:** 13400 SABRE SPRINGS PARKWAY
- **STREET 2:** SUITE 170
- **CITY:** SAN DIEGO
- **STATE:** CA
- **ZIP:** 92128
- **BUSINESS PHONE:** 6195440260

**MAIL ADDRESS:**
- **STREET 1:** 13400 SABRE SPRINGS PARKWAY
- **STREET 2:** SUITE 170
- **CITY:** SAN DIEGO
- **STATE:** CA
- **ZIP:** 92128

### 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:** Western Financial Corp/CA<br>**Address:** 13400 SABRE SPRINGS PARKWAY<br>SUITE 170<br>SAN DIEGO, CA 92128

**Form 13F File Number:** 028-22742

**CRD Number (if applicable):** 000006118

**SEC File Number (if applicable):** 801-117841

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:** Richard S. Levenson<br>**Title:** President CEO  CIO<br>**Phone:** 619-544-0260

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

/s/Richard S. Levenson  San Diego, CA  07-16-2025<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:** 122

**Form 13F Information Table Value Total:** $186581063

      (round to nearest dollar)

**List of Other Included Managers:**

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

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

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| 3M CO | COM | 88579Y101 | BBG001S5T7X2 | 2224268 | 14610 | SH |  | SOLE |  | 13984 | 0 | 626 |
| ALPHABET INC | CAP STK CL A | 02079K305 | BBG009S39JY5 | 236051 | 1339 | SH |  | SOLE |  | 1339 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 | BBG009S3NB21 | 430451 | 2427 | SH |  | SOLE |  | 2270 | 0 | 157 |
| AMAZON COM INC | COM | 023135106 | BBG001S5PQL7 | 659486 | 3006 | SH |  | SOLE |  | 2862 | 0 | 144 |
| AMERICAN EXPRESS CO | COM | 025816109 | BBG001S5P034 | 2416524 | 7576 | SH |  | SOLE |  | 7272 | 0 | 304 |
| AMPHENOL CORP NEW | CL A | 032095101 | BBG001S5NSK6 | 924857 | 9366 | SH |  | SOLE |  | 9269 | 0 | 97 |
| APOLLO GLOBAL MGMT INC | COM | 03769M106 | BBG00ZNLTFL2 | 2035858 | 14350 | SH |  | SOLE |  | 14286 | 0 | 64 |
| APPLE INC | COM | 037833100 | BBG001S5N8V8 | 845069 | 4119 | SH |  | SOLE |  | 4119 | 0 | 0 |
| APPLOVIN CORP | COM CL A | 03831W108 | BBG006HFPX86 | 597236 | 1706 | SH |  | SOLE |  | 1651 | 0 | 55 |
| ARES CAPITAL CORP | COM | 04010L103 | BBG001SL96Z9 | 604962 | 27548 | SH |  | SOLE |  | 27548 | 0 | 0 |
| ARES MANAGEMENT CORPORATION | CL A COM STK | 03990B101 | BBG0068KVVC7 | 1194642 | 6897 | SH |  | SOLE |  | 6897 | 0 | 0 |
| ARROWHEAD PHARMACEUTICALS IN | COM | 04280A100 | BBG001SGT8G5 | 12959776 | 820239 | SH |  | SOLE |  | 820239 | 0 | 0 |
| AT INC | COM | 00206R102 | BBG001S5VWH2 | 477828 | 16511 | SH |  | SOLE |  | 15523 | 0 | 988 |
| ATLASSIAN CORPORATION | CL A | 049468101 | BBG01BGWHFS4 | 613535 | 3021 | SH |  | SOLE |  | 2984 | 0 | 37 |
| AUTOZONE INC | COM | 053332102 | BBG001S6Q5D9 | 1996437 | 538 | SH |  | SOLE |  | 538 | 0 | 0 |
| AXON ENTERPRISE INC | COM | 05464C101 | BBG001SB2HG5 | 738522 | 892 | SH |  | SOLE |  | 863 | 0 | 29 |
| BANC OF CALIFORNIA INC | COM | 05990K106 | BBG001SKZX56 | 685434 | 48785 | SH |  | SOLE |  | 48785 | 0 | 0 |
| BANCO SANTANDER S.A. | ADR | 05964H105 | BBG001S5WCX7 | 83664 | 10080 | SH |  | SOLE |  | 10080 | 0 | 0 |
| BANK NEW YORK MELLON CORP | COM | 064058100 | BBG001S5P6Q6 | 2333874 | 25616 | SH |  | SOLE |  | 24546 | 0 | 1070 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | BBG001S90346 | 405618 | 835 | SH |  | SOLE |  | 776 | 0 | 59 |
| BLACKROCK ENHANCED EQUITY DI | COM | 09251A104 | BBG001SK5462 | 204132 | 22962 | SH |  | SOLE |  | 22962 | 0 | 0 |
| BLACKROCK ETF TRUST | ISHARES US EQUIT | 09290C103 | BBG00NNWBWQ2 | 318754 | 5853 | SH |  | SOLE |  | 5705 | 0 | 148 |
| BLACKROCK ETF TRUST II | ISHARES FLEXIBLE | 092528603 | BBG01GQYLJY8 | 298204 | 5644 | SH |  | SOLE |  | 5492 | 0 | 152 |
| BLACKSTONE INC | COM | 09260D107 | BBG001S7H949 | 698507 | 4670 | SH |  | SOLE |  | 4610 | 0 | 60 |
| BONDBLOXX ETF TRUST | BLOOMBERG TEN YR | 09789C812 | BBG019MDHCC8 | 477064 | 10335 | SH |  | SOLE |  | 10043 | 0 | 292 |
| BOOKING HOLDINGS INC | COM | 09857L108 | BBG001S89N72 | 469525 | 81 | SH |  | SOLE |  | 75 | 0 | 6 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 | BBG001S63L94 | 1890094 | 17597 | SH |  | SOLE |  | 17517 | 0 | 80 |
| BROADCOM INC | COM | 11135F101 | BBG00KHY5SY8 | 1137958 | 4128 | SH |  | SOLE |  | 4102 | 0 | 26 |
| CAPITAL ONE FINL CORP | COM | 14040H105 | BBG001S65PV8 | 1232093 | 5791 | SH |  | SOLE |  | 5578 | 0 | 213 |
| CHEVRON CORP NEW | COM | 166764100 | BBG001S67ZC5 | 352028 | 2458 | SH |  | SOLE |  | 2458 | 0 | 0 |
| CINTAS CORP | COM | 172908105 | BBG001S7CRG1 | 2975795 | 13352 | SH |  | SOLE |  | 13228 | 0 | 124 |
| CLOUDFLARE INC | CL A COM | 18915M107 | BBG001WMKHJ3 | 1640468 | 8377 | SH |  | SOLE |  | 8377 | 0 | 0 |
| COPART INC | COM | 217204106 | BBG001S7MTB1 | 1038665 | 21167 | SH |  | SOLE |  | 21167 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 | BBG001S9KRQ7 | 2972727 | 3003 | SH |  | SOLE |  | 2892 | 0 | 111 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 | BBG00BLYKRZ7 | 2245038 | 4408 | SH |  | SOLE |  | 4363 | 0 | 45 |
| DOORDASH INC | CL A | 25809K105 | BBG005D7QCK1 | 2441435 | 9904 | SH |  | SOLE |  | 9872 | 0 | 32 |
| ELI LILLY  CO | COM | 532457108 | BBG001S5STL8 | 242143 | 311 | SH |  | SOLE |  | 311 | 0 | 0 |
| ENTERPRISE FINL SVCS CORP | COM | 293712105 | BBG001SKJVR4 | 29453288 | 534542 | SH |  | SOLE |  | 534416 | 0 | 126 |
| EQT CORP | COM | 26884L109 | BBG001S5QXJ4 | 1002812 | 17195 | SH |  | SOLE |  | 17195 | 0 | 0 |
| FISERV INC | COM | 337738108 | BBG001S5R6Q4 | 666882 | 3868 | SH |  | SOLE |  | 3822 | 0 | 46 |
| FORTINET INC | COM | 34959E109 | BBG001S77BL6 | 1980558 | 18734 | SH |  | SOLE |  | 18667 | 0 | 67 |
| GE AEROSPACE | COM NEW | 369604301 | BBG001S5PVD5 | 4756980 | 18482 | SH |  | SOLE |  | 18022 | 0 | 460 |
| GE VERNOVA INC | COM | 36828A101 | BBG013G17W77 | 1204345 | 2276 | SH |  | SOLE |  | 2276 | 0 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 | BBG001S6Y1X7 | 516100 | 4655 | SH |  | SOLE |  | 4399 | 0 | 256 |
| GODADDY INC | CL A | 380237107 | BBG006MDLXZ9 | 1149143 | 6382 | SH |  | SOLE |  | 6382 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 | BBG001SC07Z6 | 2545718 | 3597 | SH |  | SOLE |  | 3452 | 0 | 145 |
| HILTON WORLDWIDE HLDGS INC | COM | 43300A203 | BBG0058KMH49 | 1297139 | 4870 | SH |  | SOLE |  | 4870 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 | BBG001S5RTW7 | 901657 | 2459 | SH |  | SOLE |  | 2438 | 0 | 21 |
| HOWMET AEROSPACE INC | COM | 443201108 | BBG00DYNJH69 | 1395789 | 7499 | SH |  | SOLE |  | 7499 | 0 | 0 |
| INSULET CORP | COM | 45784P101 | BBG001SRF439 | 1064128 | 3387 | SH |  | SOLE |  | 3387 | 0 | 0 |
| INTERACTIVE BROKERS GROUP IN | COM CL A | 45841N107 | BBG001SQ4YC7 | 1351893 | 24398 | SH |  | SOLE |  | 24398 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 | BBG001S5S399 | 1250752 | 4243 | SH |  | SOLE |  | 4111 | 0 | 132 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 | BBG001S7XR78 | 1633490 | 3006 | SH |  | SOLE |  | 2964 | 0 | 42 |
| INVESCO EXCH TRADED FD TR II | KBW PPTY CASUT | 46138E586 | BBG001TG54V2 | 290124 | 2362 | SH |  | SOLE |  | 2193 | 0 | 169 |
| INVESCO EXCH TRD SLF IDX FD | BULETSHS 2029 | 46138J577 | BBG00Q5D6ZV0 | 956689 | 51160 | SH |  | SOLE |  | 49558 | 0 | 1602 |
| INVESCO EXCH TRD SLF IDX FD | BULSHS 2025 CB | 46138J825 | BBG00KJR2J47 | 845313 | 40876 | SH |  | SOLE |  | 39497 | 0 | 1379 |
| INVESCO EXCH TRD SLF IDX FD | BULSHS 2026 CB | 46138J791 | BBG00KJR2K35 | 850368 | 43564 | SH |  | SOLE |  | 42100 | 0 | 1464 |
| INVESCO EXCH TRD SLF IDX FD | BULSHS 2027 CB | 46138J783 | BBG00KJR2L24 | 842176 | 42859 | SH |  | SOLE |  | 41402 | 0 | 1457 |
| INVESCO EXCH TRD SLF IDX FD | INVSCO BLSH 28 | 46138J643 | BBG00LNJW5P2 | 1000944 | 48850 | SH |  | SOLE |  | 47182 | 0 | 1668 |
| INVESCO EXCHANGE TRADED FD T | AEROSPACE DEFN | 46137V100 | BBG001S8JG85 | 371976 | 2625 | SH |  | SOLE |  | 2416 | 0 | 209 |
| INVESCO EXCHANGE TRADED FD T | DORSEY WRGT INDS | 46137V845 | BBG001SRNLL2 | 313688 | 1997 | SH |  | SOLE |  | 1851 | 0 | 146 |
| INVESCO EXCHANGE TRADED FD T | FINL PFD ETF | 46137V621 | BBG001SQ8PW0 | 309863 | 21960 | SH |  | SOLE |  | 21309 | 0 | 651 |
| INVESCO EXCHANGE TRADED FD T | LEISURE AND ENTE | 46137V720 | BBG001SN68L9 | 342424 | 6018 | SH |  | SOLE |  | 5539 | 0 | 479 |
| INVESCO EXCHANGE TRADED FD T | NASDAQ INTERNT | 46137V530 | BBG001T10BD4 | 344017 | 6589 | SH |  | SOLE |  | 6086 | 0 | 503 |
| INVESCO EXCHANGE TRADED FD T | NEXT GEN MEDIA | 46137V696 | BBG001SN6GN9 | 337112 | 5494 | SH |  | SOLE |  | 5044 | 0 | 450 |
| INVESCO EXCHANGE TRADED FD T | WATER RES ETF | 46137V142 | BBG001SPPQG9 | 308591 | 4414 | SH |  | SOLE |  | 4034 | 0 | 380 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 | BBG003HC3DG9 | 208390 | 3471 | SH |  | SOLE |  | 3376 | 0 | 95 |
| ISHARES TR | 0-5YR HI YL CP | 46434V407 | BBG005DW06B7 | 1467204 | 34010 | SH |  | SOLE |  | 33026 | 0 | 984 |
| ISHARES TR | 20 YR TR BD ETF | 464287432 | BBG001S8MLN3 | 1399612 | 15860 | SH |  | SOLE |  | 15317 | 0 | 543 |
| ISHARES TR | CORE INTL AGGR | 46435G672 | BBG00BDV2SQ0 | 229650 | 4495 | SH |  | SOLE |  | 4362 | 0 | 133 |
| ISHARES TR | CORE TOTAL USD | 46434V613 | BBG006MJCSW0 | 545358 | 11797 | SH |  | SOLE |  | 11459 | 0 | 338 |
| ISHARES TR | EAFE VALUE ETF | 464288877 | BBG001SNYBH6 | 326397 | 5142 | SH |  | SOLE |  | 5005 | 0 | 137 |
| ISHARES TR | FALN ANGLS USD | 46435G474 | BBG00D332C84 | 705191 | 25983 | SH |  | SOLE |  | 25187 | 0 | 796 |
| ISHARES TR | FLTG RATE NT ETF | 46429B655 | BBG001V1QYX1 | 702619 | 13771 | SH |  | SOLE |  | 13298 | 0 | 473 |
| ISHARES TR | MBS ETF | 464288588 | BBG001SSD8B1 | 412190 | 4390 | SH |  | SOLE |  | 4261 | 0 | 129 |
| ISHARES TR | MSCI USA QLT FCT | 46432F339 | BBG004TRTWW3 | 328344 | 1796 | SH |  | SOLE |  | 1748 | 0 | 48 |
| ISHARES TR | S 500 GRWT ETF | 464287309 | BBG001S561Q8 | 324905 | 2951 | SH |  | SOLE |  | 2878 | 0 | 73 |
| ISHARES TR | S 500 VAL ETF | 464287408 | BBG001S561K4 | 232941 | 1192 | SH |  | SOLE |  | 1160 | 0 | 32 |
| ISHARES TR | SHORT TREAS BD | 464288679 | BBG001SSD803 | 1410703 | 12776 | SH |  | SOLE |  | 12377 | 0 | 399 |
| ISHARES TR | US TREAS BD ETF | 46429B267 | BBG002NCKPP8 | 2281867 | 99298 | SH |  | SOLE |  | 96494 | 0 | 2804 |
| JPMORGAN CHASE  CO. | COM | 46625H100 | BBG001S8CRC3 | 765942 | 2642 | SH |  | SOLE |  | 2531 | 0 | 111 |
| KKR  CO INC | COM | 48251W104 | BBG001S6PW05 | 844741 | 6350 | SH |  | SOLE |  | 6293 | 0 | 57 |
| LINDE PLC | SHS | G54950103 | BBG01FND0CH6 | 411471 | 877 | SH |  | SOLE |  | 810 | 0 | 67 |
| MARRIOTT INTL INC NEW | CL A | 571903202 | BBG001S78K44 | 1216469 | 4453 | SH |  | SOLE |  | 4453 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 | BBG001SKNNS6 | 1608704 | 2863 | SH |  | SOLE |  | 2808 | 0 | 55 |
| MCKESSON CORP | COM | 58155Q103 | BBG001S8F8P8 | 881870 | 1203 | SH |  | SOLE |  | 1192 | 0 | 11 |
| META PLATFORMS INC | CL A | 30303M102 | BBG001SQCQC5 | 2754986 | 3733 | SH |  | SOLE |  | 3676 | 0 | 57 |
| MICROSOFT CORP | COM | 594918104 | BBG001S5TD05 | 274648 | 552 | SH |  | SOLE |  | 552 | 0 | 0 |
| MICROSTRATEGY INC | CL A NEW | 594972408 | BBG001SC7PX1 | 2876501 | 7116 | SH |  | SOLE |  | 7039 | 0 | 77 |
| MIZUHO FINANCIAL GROUP INC | SPONSORED ADR | 60687Y109 | BBG001SMCTP4 | 76661 | 13788 | SH |  | SOLE |  | 13788 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 | BBG001SF6L46 | 6083668 | 4543 | SH |  | SOLE |  | 4434 | 0 | 109 |
| ORACLE CORP | COM | 68389X105 | BBG001S5SJG6 | 919558 | 4206 | SH |  | SOLE |  | 4157 | 0 | 49 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 | BBG001S78TL6 | 1997046 | 22157 | SH |  | SOLE |  | 22082 | 0 | 75 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 | BBG001T53796 | 5164074 | 37882 | SH |  | SOLE |  | 37155 | 0 | 727 |
| PALO ALTO NETWORKS INC | COM | 697435105 | BBG001T9NWN5 | 921903 | 4505 | SH |  | SOLE |  | 4470 | 0 | 35 |
| PARKER-HANNIFIN CORP | COM | 701094104 | BBG001S5V554 | 763529 | 1093 | SH |  | SOLE |  | 1083 | 0 | 10 |
| PAYCHEX INC | COM | 704326107 | BBG001S5V135 | 1040976 | 7156 | SH |  | SOLE |  | 7156 | 0 | 0 |
| PFIZER INC | COM | 717081103 | BBG001S5V466 | 316033 | 13038 | SH |  | SOLE |  | 13038 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 | BBG001STP9N1 | 2168986 | 11909 | SH |  | SOLE |  | 11420 | 0 | 489 |
| PROGRESSIVE CORP | COM | 743315103 | BBG001S5V509 | 729068 | 2732 | SH |  | SOLE |  | 2708 | 0 | 24 |
| QUANTA SVCS INC | COM | 74762E102 | BBG001S5VH85 | 1370540 | 3625 | SH |  | SOLE |  | 3625 | 0 | 0 |
| ROBLOX CORP | CL A | 771049103 | BBG001V1Y6Z1 | 1463858 | 13915 | SH |  | SOLE |  | 13915 | 0 | 0 |
| ROYAL CARIBBEAN GROUP | COM | V7780T103 | BBG001S5RMJ7 | 2701726 | 8628 | SH |  | SOLE |  | 8602 | 0 | 26 |
| SCHWAB STRATEGIC TR | US AGGREGATE B | 808524839 | BBG001WBMLH8 | 633757 | 27270 | SH |  | SOLE |  | 26477 | 0 | 793 |
| SERVICENOW INC | COM | 81762P102 | BBG001T4JFC0 | 750498 | 730 | SH |  | SOLE |  | 723 | 0 | 7 |
| SHOPIFY INC | CL A SUB VTG SHS | 82509L107 | BBG004DW5NC7 | 258499 | 2241 | SH |  | SOLE |  | 2241 | 0 | 0 |
| SIMON PPTY GROUP INC NEW | COM | 828806109 | BBG001S77WM9 | 405597 | 2523 | SH |  | SOLE |  | 2355 | 0 | 168 |
| SPDR SERIES TRUST | PORTFOLIO S | 78464A854 | BBG001SPTB87 | 354798 | 4881 | SH |  | SOLE |  | 4745 | 0 | 136 |
| TAKE-TWO INTERACTIVE SOFTWAR | COM | 874054109 | BBG001S9TN41 | 872074 | 3591 | SH |  | SOLE |  | 3510 | 0 | 81 |
| TARGA RES CORP | COM | 87612G101 | BBG001TC94B9 | 1071985 | 6158 | SH |  | SOLE |  | 6158 | 0 | 0 |
| TESLA INC | COM | 88160R101 | BBG001SQKGD7 | 1897383 | 5973 | SH |  | SOLE |  | 5948 | 0 | 25 |
| TEXAS PACIFIC LAND CORPORATI | COM | 88262P102 | BBG00YRJXKC0 | 1029980 | 975 | SH |  | SOLE |  | 975 | 0 | 0 |
| T-MOBILE US INC | COM | 872590104 | BBG001SKR9Y6 | 2289917 | 9611 | SH |  | SOLE |  | 9469 | 0 | 142 |
| TRANE TECHNOLOGIES PLC | SHS | G8994E103 | BBG001S5SBV6 | 767217 | 1754 | SH |  | SOLE |  | 1735 | 0 | 19 |
| TRANSDIGM GROUP INC | COM | 893641100 | BBG001SPV1C1 | 2212531 | 1455 | SH |  | SOLE |  | 1449 | 0 | 6 |
| VANGUARD INDEX FDS | LARGE CAP ETF | 922908637 | BBG001SHTTQ6 | 748342 | 2623 | SH |  | SOLE |  | 2623 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 | BBG001S67QY1 | 790262 | 18264 | SH |  | SOLE |  | 18264 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 | BBG001SRCFY3 | 512668 | 1444 | SH |  | SOLE |  | 1356 | 0 | 88 |
| WALMART INC | COM | 931142103 | BBG001S5XH92 | 2255687 | 23069 | SH |  | SOLE |  | 22114 | 0 | 955 |
| WELLS FARGO CO NEW | COM | 949746101 | BBG001S5XF23 | 6920525 | 86377 | SH |  | SOLE |  | 85947 | 0 | 430 |
| WELLTOWER INC | COM | 95040Q104 | BBG001S5RTQ4 | 1794644 | 11674 | SH |  | SOLE |  | 11617 | 0 | 57 |
| WILLIAMS COS INC | COM | 969457100 | BBG001S5XH10 | 703689 | 11203 | SH |  | SOLE |  | 11071 | 0 | 132 |

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