# EDGAR Filing Document

**Accession Number:** 0001831263
**File Stem:** 0001831263-26-000001
**Filing Date:** 2026-1
**Character Count:** 26457
**Document Hash:** 837f080bb860457659f92e4047291fdd
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001831263-26-000001.hdr.sgml**: 20260127

**ACCESSION NUMBER**: 0001831263-26-000001

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260127

**DATE AS OF CHANGE**: 20260127

**EFFECTIVENESS DATE**: 20260127

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** JEPPSON WEALTH MANAGEMENT, LLC
- **CENTRAL INDEX KEY:** 0001831263

**ORGANIZATION NAME:**
- **EIN:** 815354544
- **STATE OF INCORPORATION:** CA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-20414
- **FILM NUMBER:** 26563508

**BUSINESS ADDRESS:**
- **STREET 1:** 1230 ROSECRANS AVENUE
- **STREET 2:** SUITE 300
- **CITY:** MANHATTAN BEACH
- **STATE:** CA
- **ZIP:** 90266
- **BUSINESS PHONE:** 424-456-3111

**MAIL ADDRESS:**
- **STREET 1:** 1230 ROSECRANS AVENUE
- **STREET 2:** SUITE 300
- **CITY:** MANHATTAN BEACH
- **STATE:** CA
- **ZIP:** 90266

### 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:** JEPPSON WEALTH MANAGEMENT LLC<br>**Address:** 1230 ROSECRANS AVENUE<br>SUITE 300<br>MANHATTAN BEACH, CA 90266

**Form 13F File Number:** 028-20414

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:** MICHELLE ELDRIDGE<br>**Title:** CHIEF COMPLIANCE OFFICER<br>**Phone:** 971-371-3446

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

MICHELLE ELDRIDGE  PORTLAND, OR  01-27-2026<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:** 225

**Form 13F Information Table Value Total:** $315847039

      (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 |
| APPLE INC COM | Stock | 037833100 |  | 26259279 | 96591 | SH |  | SOLE |  | 0 | 0 | 96591 |
| ISHARES 0-5 YEAR TIPS BOND ETF | ETF | 46429B747 |  | 17488519 | 170803 | SH |  | SOLE |  | 0 | 0 | 170803 |
| NVIDIA CORPORATION COM | Stock | 67066G104 |  | 15212700 | 81569 | SH |  | SOLE |  | 0 | 0 | 81569 |
| LOCKHEED MARTIN CORP COM | Stock | 539830109 |  | 10088935 | 20859 | SH |  | SOLE |  | 0 | 0 | 20859 |
| VANGUARD SHORT-TERM INFLATION-PROTECTED SECURITIES ETF | ETF | 922020805 |  | 8887325 | 179687 | SH |  | SOLE |  | 0 | 0 | 179687 |
| AMAZON COM INC COM | Stock | 023135106 |  | 6655233 | 28833 | SH |  | SOLE |  | 0 | 0 | 28833 |
| MICROSOFT CORP COM | Stock | 594918104 |  | 6560226 | 13565 | SH |  | SOLE |  | 0 | 0 | 13564 |
| EXXON MOBIL CORP COM | Stock | 30231G102 |  | 6424832 | 53389 | SH |  | SOLE |  | 0 | 0 | 53389 |
| ALPHABET INC CAP STK CL C | Stock | 02079K107 |  | 5825883 | 18566 | SH |  | SOLE |  | 0 | 0 | 18565 |
| DISNEY WALT CO COM | Stock | 254687106 |  | 5442425 | 47837 | SH |  | SOLE |  | 0 | 0 | 47837 |
| ORACLE CORP COM | Stock | 68389X105 |  | 4932003 | 25304 | SH |  | SOLE |  | 0 | 0 | 25304 |
| AT INC COM | Stock | 00206R102 |  | 4845484 | 195068 | SH |  | SOLE |  | 0 | 0 | 195067 |
| BROADCOM INC COM | Stock | 11135F101 |  | 4558915 | 13172 | SH |  | SOLE |  | 0 | 0 | 13172 |
| ELI LILLY  CO COM | Stock | 532457108 |  | 4495386 | 4183 | SH |  | SOLE |  | 0 | 0 | 4183 |
| CISCO SYS INC COM | Stock | 17275R102 |  | 4420908 | 57392 | SH |  | SOLE |  | 0 | 0 | 57392 |
| AMERICAN ELEC PWR CO INC COM | Stock | 025537101 |  | 4125197 | 35775 | SH |  | SOLE |  | 0 | 0 | 35774 |
| JPMORGAN CHASE  CO. COM | Stock | 46625H100 |  | 4052286 | 12576 | SH |  | SOLE |  | 0 | 0 | 12576 |
| SHOPIFY INC CL A SUB VTG SHS | Stock | 82509L107 |  | 3885977 | 24141 | SH |  | SOLE |  | 0 | 0 | 24141 |
| VERIZON COMMUNICATIONS INC COM | Stock | 92343V104 |  | 3783747 | 92898 | SH |  | SOLE |  | 0 | 0 | 92898 |
| RTX CORPORATION COM | Stock | 75513E101 |  | 3589154 | 19570 | SH |  | SOLE |  | 0 | 0 | 19570 |
| WHEATON PRECIOUS METALS CORP COM | Stock | 962879102 |  | 3165284 | 26934 | SH |  | SOLE |  | 0 | 0 | 26934 |
| WALMART INC COM | Stock | 931142103 |  | 3140028 | 28184 | SH |  | SOLE |  | 0 | 0 | 28184 |
| SPDR GOLD SHARES | ETF | 78463V107 |  | 3073780 | 7756 | SH |  | SOLE |  | 0 | 0 | 7756 |
| BANK AMERICA CORP COM | Stock | 060505104 |  | 2960659 | 53830 | SH |  | SOLE |  | 0 | 0 | 53830 |
| JOHNSON  JOHNSON COM | Stock | 478160104 |  | 2938952 | 14201 | SH |  | SOLE |  | 0 | 0 | 14201 |
| ALPHABET INC CAP STK CL A | Stock | 02079K305 |  | 2896235 | 9253 | SH |  | SOLE |  | 0 | 0 | 9253 |
| META PLATFORMS INC CL A | Stock | 30303M102 |  | 2730295 | 4136 | SH |  | SOLE |  | 0 | 0 | 4136 |
| QUALCOMM INC COM | Stock | 747525103 |  | 2715029 | 15873 | SH |  | SOLE |  | 0 | 0 | 15872 |
| KINDER MORGAN INC DEL COM | Stock | 49456B101 |  | 2684091 | 97639 | SH |  | SOLE |  | 0 | 0 | 97638 |
| FREEPORT-MCMORAN INC CL B | Stock | 35671D857 |  | 2681864 | 52803 | SH |  | SOLE |  | 0 | 0 | 52803 |
| CARDINAL HEALTH INC COM | Stock | 14149Y108 |  | 2603489 | 12669 | SH |  | SOLE |  | 0 | 0 | 12669 |
| CHEVRON CORP NEW COM | Stock | 166764100 |  | 2415949 | 15852 | SH |  | SOLE |  | 0 | 0 | 15851 |
| RIO TINTO PLC SPONSORED ADR | ADR | 767204100 |  | 2349441 | 29357 | SH |  | SOLE |  | 0 | 0 | 29357 |
| ABBVIE INC COM | Stock | 00287Y109 |  | 2307292 | 10098 | SH |  | SOLE |  | 0 | 0 | 10098 |
| GILEAD SCIENCES INC COM | Stock | 375558103 |  | 2305208 | 18781 | SH |  | SOLE |  | 0 | 0 | 18781 |
| OMEGA HEALTHCARE INVS INC COM | REIT | 681936100 |  | 2284420 | 51521 | SH |  | SOLE |  | 0 | 0 | 51520 |
| WELLS FARGO CO NEW COM | Stock | 949746101 |  | 2264760 | 24300 | SH |  | SOLE |  | 0 | 0 | 24300 |
| PALO ALTO NETWORKS INC COM | Stock | 697435105 |  | 2138562 | 11610 | SH |  | SOLE |  | 0 | 0 | 11610 |
| MERCK  CO INC COM | Stock | 58933Y105 |  | 2119485 | 20136 | SH |  | SOLE |  | 0 | 0 | 20135 |
| PROCTER  GAMBLE CO COM | Stock | 742718109 |  | 2018690 | 14086 | SH |  | SOLE |  | 0 | 0 | 14086 |
| INTERNATIONAL BUSINESS MACHS COM | Stock | 459200101 |  | 2014228 | 6800 | SH |  | SOLE |  | 0 | 0 | 6800 |
| SEMPRA COM | Stock | 816851109 |  | 2010363 | 22770 | SH |  | SOLE |  | 0 | 0 | 22770 |
| SIMON PPTY GROUP INC NEW COM | REIT | 828806109 |  | 1935140 | 10454 | SH |  | SOLE |  | 0 | 0 | 10454 |
| SCHWAB CHARLES CORP COM | Stock | 808513105 |  | 1880123 | 18818 | SH |  | SOLE |  | 0 | 0 | 18818 |
| DUKE ENERGY CORP NEW COM NEW | Stock | 26441C204 |  | 1830586 | 15618 | SH |  | SOLE |  | 0 | 0 | 15618 |
| TESLA INC COM | Stock | 88160R101 |  | 1754358 | 3901 | SH |  | SOLE |  | 0 | 0 | 3901 |
| ABBOTT LABS COM | Stock | 002824100 |  | 1664854 | 13288 | SH |  | SOLE |  | 0 | 0 | 13288 |
| WELLTOWER INC COM | REIT | 95040Q104 |  | 1659064 | 8938 | SH |  | SOLE |  | 0 | 0 | 8938 |
| VANGUARD SMALL-CAP ETF | ETF | 922908751 |  | 1636193 | 6343 | SH |  | SOLE |  | 0 | 0 | 6343 |
| VANGUARD GROWTH ETF | ETF | 922908736 |  | 1587785 | 3255 | SH |  | SOLE |  | 0 | 0 | 3254 |
| CARLYLE GROUP INC COM | Stock | 14316J108 |  | 1554297 | 26295 | SH |  | SOLE |  | 0 | 0 | 26295 |
| SOUTHERN CO COM | Stock | 842587107 |  | 1512222 | 17342 | SH |  | SOLE |  | 0 | 0 | 17342 |
| INVESCO QQQ TRUST SERIES I | ETF | 46090E103 |  | 1507626 | 2454 | SH |  | SOLE |  | 0 | 0 | 2454 |
| CONOCOPHILLIPS COM | Stock | 20825C104 |  | 1475481 | 15762 | SH |  | SOLE |  | 0 | 0 | 15762 |
| VANGUARD TOTAL STOCK MARKET ETF | ETF | 922908769 |  | 1459938 | 4355 | SH |  | SOLE |  | 0 | 0 | 4354 |
| OCCIDENTAL PETE CORP COM | Stock | 674599105 |  | 1440597 | 35034 | SH |  | SOLE |  | 0 | 0 | 35033 |
| STATE STREET SPDR S DIVIDEND ETF | ETF | 78464A763 |  | 1397862 | 10045 | SH |  | SOLE |  | 0 | 0 | 10045 |
| WP CAREY INC COM | REIT | 92936U109 |  | 1393764 | 21656 | SH |  | SOLE |  | 0 | 0 | 21655 |
| NORTHROP GRUMMAN CORP COM | Stock | 666807102 |  | 1392453 | 2442 | SH |  | SOLE |  | 0 | 0 | 2442 |
| UBER TECHNOLOGIES INC COM | Stock | 90353T100 |  | 1310056 | 16033 | SH |  | SOLE |  | 0 | 0 | 16033 |
| CAPITAL ONE FINL CORP COM | Stock | 14040H105 |  | 1308259 | 5398 | SH |  | SOLE |  | 0 | 0 | 5398 |
| PHILLIPS 66 COM | Stock | 718546104 |  | 1264463 | 9799 | SH |  | SOLE |  | 0 | 0 | 9799 |
| AMGEN INC COM | Stock | 031162100 |  | 1207797 | 3690 | SH |  | SOLE |  | 0 | 0 | 3690 |
| BOEING CO COM | Stock | 097023105 |  | 1178003 | 5426 | SH |  | SOLE |  | 0 | 0 | 5425 |
| UNILEVER PLC SPON ADR NEW | ADR | 904767803 |  | 1131551 | 17302 | SH |  | SOLE |  | 0 | 0 | 17302 |
| CORNING INC COM | Stock | 219350105 |  | 1122957 | 12825 | SH |  | SOLE |  | 0 | 0 | 12825 |
| MERCADOLIBRE INC COM | Stock | 58733R102 |  | 1065544 | 529 | SH |  | SOLE |  | 0 | 0 | 529 |
| BRISTOL-MYERS SQUIBB CO COM | Stock | 110122108 |  | 1055444 | 19567 | SH |  | SOLE |  | 0 | 0 | 19567 |
| HOME DEPOT INC COM | Stock | 437076102 |  | 1039870 | 3022 | SH |  | SOLE |  | 0 | 0 | 3022 |
| PROSHARES S 500 DIVIDEND ARISTOCRATS ETF | ETF | 74348A467 |  | 1032895 | 9925 | SH |  | SOLE |  | 0 | 0 | 9925 |
| KIMBERLY-CLARK CORP COM | Stock | 494368103 |  | 1028674 | 10196 | SH |  | SOLE |  | 0 | 0 | 10196 |
| PFIZER INC COM | Stock | 717081103 |  | 1018186 | 40891 | SH |  | SOLE |  | 0 | 0 | 40891 |
| PEPSICO INC COM | Stock | 713448108 |  | 1013538 | 7062 | SH |  | SOLE |  | 0 | 0 | 7062 |
| BLACKSTONE INC COM | Stock | 09260D107 |  | 1000985 | 6494 | SH |  | SOLE |  | 0 | 0 | 6494 |
| NNN REIT INC COM | REIT | 637417106 |  | 993774 | 25076 | SH |  | SOLE |  | 0 | 0 | 25076 |
| BHP GROUP LTD SPONSORED ADS | ADR | 088606108 |  | 989215 | 16386 | SH |  | SOLE |  | 0 | 0 | 16385 |
| BANK NEW YORK MELLON CORP COM | Stock | 064058100 |  | 980849 | 8449 | SH |  | SOLE |  | 0 | 0 | 8449 |
| NETFLIX INC. COM | Stock | 64110L106 |  | 945195 | 10081 | SH |  | SOLE |  | 0 | 0 | 10081 |
| MCDONALDS CORP COM | Stock | 580135101 |  | 944091 | 3089 | SH |  | SOLE |  | 0 | 0 | 3089 |
| KAYNE ANDERSON ENERGY INFRSTR COM | CEF | 486606106 |  | 942022 | 76092 | SH |  | SOLE |  | 0 | 0 | 76092 |
| ALLSTATE CORP COM | Stock | 020002101 |  | 912255 | 4383 | SH |  | SOLE |  | 0 | 0 | 4382 |
| CATERPILLAR INC COM | Stock | 149123101 |  | 888521 | 1551 | SH |  | SOLE |  | 0 | 0 | 1551 |
| CITIGROUP INC COM NEW | Stock | 172967424 |  | 886611 | 7598 | SH |  | SOLE |  | 0 | 0 | 7598 |
| DOMINION ENERGY INC COM | Stock | 25746U109 |  | 885529 | 15114 | SH |  | SOLE |  | 0 | 0 | 15114 |
| ROYAL CARIBBEAN GROUP COM | Stock | V7780T103 |  | 865210 | 3102 | SH |  | SOLE |  | 0 | 0 | 3102 |
| KRAFT HEINZ CO COM | Stock | 500754106 |  | 846058 | 34889 | SH |  | SOLE |  | 0 | 0 | 34889 |
| SOUTHERN COPPER CORP COM | Stock | 84265V105 |  | 840591 | 5859 | SH |  | SOLE |  | 0 | 0 | 5859 |
| NOVARTIS AG SPONSORED ADR | ADR | 66987V109 |  | 832459 | 6038 | SH |  | SOLE |  | 0 | 0 | 6038 |
| STAG INDUSTRIAL INC COM | REIT | 85254J102 |  | 822284 | 22369 | SH |  | SOLE |  | 0 | 0 | 22369 |
| INTEL CORP COM | Stock | 458140100 |  | 783608 | 21236 | SH |  | SOLE |  | 0 | 0 | 21236 |
| TYSON FOODS INC CL A | Stock | 902494103 |  | 759305 | 12953 | SH |  | SOLE |  | 0 | 0 | 12953 |
| BERKSHIRE HATHAWAY INC DEL CL A | Stock | 084670108 |  | 754800 | 1 | SH |  | SOLE |  | 0 | 0 | 1 |
| REALTY INCOME CORP COM | REIT | 756109104 |  | 741567 | 13155 | SH |  | SOLE |  | 0 | 0 | 13155 |
| GENERAL MLS INC COM | Stock | 370334104 |  | 734160 | 15788 | SH |  | SOLE |  | 0 | 0 | 15788 |
| ALIBABA GROUP HLDG LTD SPONSORED ADS | ADR | 01609W102 |  | 727477 | 4963 | SH |  | SOLE |  | 0 | 0 | 4963 |
| EMERSON ELEC CO COM | Stock | 291011104 |  | 693329 | 5224 | SH |  | SOLE |  | 0 | 0 | 5224 |
| TRAVELERS COMPANIES INC COM | Stock | 89417E109 |  | 687442 | 2370 | SH |  | SOLE |  | 0 | 0 | 2370 |
| FEDERAL RLTY INVT TR NEW SH BEN INT NEW | REIT | 313745101 |  | 678787 | 6734 | SH |  | SOLE |  | 0 | 0 | 6734 |
| ALERIAN MLP ETF | ETF | 00162Q452 |  | 676525 | 14388 | SH |  | SOLE |  | 0 | 0 | 14388 |
| CONSOLIDATED EDISON INC COM | Stock | 209115104 |  | 673390 | 6780 | SH |  | SOLE |  | 0 | 0 | 6780 |
| AUTOMATIC DATA PROCESSING INC COM | Stock | 053015103 |  | 669055 | 2601 | SH |  | SOLE |  | 0 | 0 | 2601 |
| UNION PAC CORP COM | Stock | 907818108 |  | 658799 | 2848 | SH |  | SOLE |  | 0 | 0 | 2848 |
| NEXTERA ENERGY INC COM | Stock | 65339F101 |  | 649164 | 8086 | SH |  | SOLE |  | 0 | 0 | 8086 |
| ING GROEP N.V. SPONSORED ADR | ADR | 456837103 |  | 646100 | 23075 | SH |  | SOLE |  | 0 | 0 | 23075 |
| VISA INC COM CL A | Stock | 92826C839 |  | 636188 | 1814 | SH |  | SOLE |  | 0 | 0 | 1814 |
| DOVER CORP COM | Stock | 260003108 |  | 605841 | 3103 | SH |  | SOLE |  | 0 | 0 | 3103 |
| COCA COLA CO COM | Stock | 191216100 |  | 605211 | 8657 | SH |  | SOLE |  | 0 | 0 | 8657 |
| MICRON TECHNOLOGY INC COM | Stock | 595112103 |  | 596221 | 2089 | SH |  | SOLE |  | 0 | 0 | 2089 |
| ILLINOIS TOOL WKS INC COM | Stock | 452308109 |  | 576342 | 2340 | SH |  | SOLE |  | 0 | 0 | 2340 |
| GLOBAL X SILVER MINERS ETF | ETF | 37954Y848 |  | 541043 | 6478 | SH |  | SOLE |  | 0 | 0 | 6478 |
| ENERGY TRANSFER L P COM UT LTD PTN | Stock | 29273V100 |  | 538910 | 32681 | SH |  | SOLE |  | 0 | 0 | 32681 |
| EVERGY INC COM | Stock | 30034W106 |  | 538601 | 7430 | SH |  | SOLE |  | 0 | 0 | 7430 |
| SALESFORCE INC COM | Stock | 79466L302 |  | 537014 | 2027 | SH |  | SOLE |  | 0 | 0 | 2027 |
| 3M CO COM | Stock | 88579Y101 |  | 535535 | 3345 | SH |  | SOLE |  | 0 | 0 | 3345 |
| STARBUCKS CORP COM | Stock | 855244109 |  | 535323 | 6357 | SH |  | SOLE |  | 0 | 0 | 6357 |
| BARRICK MNG CORP COM SHS | Stock | 06849F108 |  | 532312 | 12223 | SH |  | SOLE |  | 0 | 0 | 12223 |
| TARGET CORP COM | Stock | 87612E106 |  | 531076 | 5433 | SH |  | SOLE |  | 0 | 0 | 5433 |
| VANECK GOLD MINERS ETF | ETF | 92189F106 |  | 523197 | 6100 | SH |  | SOLE |  | 0 | 0 | 6100 |
| NATIONAL GRID PLC SPONSORED ADR NE | ADR | 636274409 |  | 514068 | 6646 | SH |  | SOLE |  | 0 | 0 | 6646 |
| SABRA HEALTH CARE REIT INC COM | REIT | 78573L106 |  | 508926 | 26870 | SH |  | SOLE |  | 0 | 0 | 26870 |
| DARDEN RESTAURANTS INC COM | Stock | 237194105 |  | 507343 | 2757 | SH |  | SOLE |  | 0 | 0 | 2757 |
| ISHARES TIPS BOND ETF | ETF | 464287176 |  | 497955 | 4531 | SH |  | SOLE |  | 0 | 0 | 4530 |
| ADOBE INC COM | Stock | 00724F101 |  | 489286 | 1398 | SH |  | SOLE |  | 0 | 0 | 1398 |
| WILLIAMS SONOMA INC COM | Stock | 969904101 |  | 479157 | 2683 | SH |  | SOLE |  | 0 | 0 | 2683 |
| SCHWAB U.S. BROAD MARKET ETF | ETF | 808524102 |  | 464643 | 17714 | SH |  | SOLE |  | 0 | 0 | 17714 |
| VANGUARD DIVIDEND APPRECIATION ETF | ETF | 921908844 |  | 463076 | 2107 | SH |  | SOLE |  | 0 | 0 | 2107 |
| DOW INC COM | Stock | 260557103 |  | 462797 | 19795 | SH |  | SOLE |  | 0 | 0 | 19794 |
| CHEESECAKE FACTORY INC COM | Stock | 163072101 |  | 460257 | 9118 | SH |  | SOLE |  | 0 | 0 | 9117 |
| VORNADO RLTY TR SH BEN INT | REIT | 929042109 |  | 459331 | 13802 | SH |  | SOLE |  | 0 | 0 | 13802 |
| GE AEROSPACE COM NEW | Stock | 369604301 |  | 453420 | 1472 | SH |  | SOLE |  | 0 | 0 | 1472 |
| PALANTIR TECHNOLOGIES INC CL A | Stock | 69608A108 |  | 449885 | 2531 | SH |  | SOLE |  | 0 | 0 | 2531 |
| NUCOR CORP COM | Stock | 670346105 |  | 446595 | 2738 | SH |  | SOLE |  | 0 | 0 | 2738 |
| NORTHWESTERN ENERGY GROUP INC COM NEW | Stock | 668074305 |  | 442551 | 6857 | SH |  | SOLE |  | 0 | 0 | 6857 |
| ENTERPRISE PRODS PARTNERS L P COM | Stock | 293792107 |  | 439188 | 13699 | SH |  | SOLE |  | 0 | 0 | 13698 |
| TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS | ADR | 874039100 |  | 436690 | 1437 | SH |  | SOLE |  | 0 | 0 | 1437 |
| NEWMONT CORP COM | Stock | 651639106 |  | 433688 | 4343 | SH |  | SOLE |  | 0 | 0 | 4343 |
| COINBASE GLOBAL INC COM CL A | Stock | 19260Q107 |  | 424691 | 1878 | SH |  | SOLE |  | 0 | 0 | 1878 |
| SCHWAB U.S. SMALL-CAP ETF | ETF | 808524607 |  | 421276 | 14792 | SH |  | SOLE |  | 0 | 0 | 14792 |
| GENERAL DYNAMICS CORP COM | Stock | 369550108 |  | 414428 | 1231 | SH |  | SOLE |  | 0 | 0 | 1231 |
| WASTE MGMT INC DEL COM | Stock | 94106L109 |  | 411737 | 1874 | SH |  | SOLE |  | 0 | 0 | 1874 |
| VANGUARD FTSE EMERGING MARKETS ETF | ETF | 922042858 |  | 406302 | 7558 | SH |  | SOLE |  | 0 | 0 | 7557 |
| PAYCHEX INC COM | Stock | 704326107 |  | 405979 | 3619 | SH |  | SOLE |  | 0 | 0 | 3619 |
| MEDTRONIC PLC SHS | Stock | G5960L103 |  | 398841 | 4152 | SH |  | SOLE |  | 0 | 0 | 4152 |
| CONSTELLATION BRANDS INC CL A | Stock | 21036P108 |  | 394014 | 2856 | SH |  | SOLE |  | 0 | 0 | 2856 |
| VANGUARD SMALL-CAP GROWTH ETF | ETF | 922908595 |  | 388927 | 1287 | SH |  | SOLE |  | 0 | 0 | 1287 |
| UNITEDHEALTH GROUP INC COM | Stock | 91324P102 |  | 387879 | 1175 | SH |  | SOLE |  | 0 | 0 | 1175 |
| CONAGRA BRANDS INC COM | Stock | 205887102 |  | 384749 | 22227 | SH |  | SOLE |  | 0 | 0 | 22227 |
| ISHARES MSCI EMERGING MARKETS ETF | ETF | 464287234 |  | 370136 | 6765 | SH |  | SOLE |  | 0 | 0 | 6765 |
| HONEYWELL INTL INC COM | Stock | 438516106 |  | 369500 | 1894 | SH |  | SOLE |  | 0 | 0 | 1894 |
| EXPEDIA GROUP INC COM NEW | Stock | 30212P303 |  | 366343 | 1293 | SH |  | SOLE |  | 0 | 0 | 1293 |
| VANGUARD FTSE ALL-WORLD EX-US SMALL-CAP ETF | ETF | 922042718 |  | 364528 | 2543 | SH |  | SOLE |  | 0 | 0 | 2543 |
| AGNICO EAGLE MINES LTD COM | Stock | 008474108 |  | 359404 | 2120 | SH |  | SOLE |  | 0 | 0 | 2120 |
| COSTCO WHOLESALE CORPORATION COM | Stock | 22160K105 |  | 357909 | 415 | SH |  | SOLE |  | 0 | 0 | 415 |
| ARCHER DANIELS MIDLAND CO COM | Stock | 039483102 |  | 357070 | 6211 | SH |  | SOLE |  | 0 | 0 | 6211 |
| AIR PRODS  CHEMS INC COM | Stock | 009158106 |  | 356203 | 1442 | SH |  | SOLE |  | 0 | 0 | 1442 |
| VANGUARD INFORMATION TECHNOLOGY ETF | ETF | 92204A702 |  | 351314 | 466 | SH |  | SOLE |  | 0 | 0 | 466 |
| RIVIAN AUTOMOTIVE INC COM CL A | Stock | 76954A103 |  | 351252 | 17821 | SH |  | SOLE |  | 0 | 0 | 17821 |
| TAKE-TWO INTERACTIVE SOFTWARE COM | Stock | 874054109 |  | 346665 | 1354 | SH |  | SOLE |  | 0 | 0 | 1354 |
| KIMCO RLTY CORP COM | REIT | 49446R109 |  | 340637 | 16805 | SH |  | SOLE |  | 0 | 0 | 16805 |
| MARVELL TECHNOLOGY INC COM | Stock | 573874104 |  | 337116 | 3967 | SH |  | SOLE |  | 0 | 0 | 3967 |
| VICI PPTYS INC COM | REIT | 925652109 |  | 332885 | 11838 | SH |  | SOLE |  | 0 | 0 | 11838 |
| MONDELEZ INTL INC CL A | Stock | 609207105 |  | 318674 | 5920 | SH |  | SOLE |  | 0 | 0 | 5920 |
| US BANCORP DEL COM NEW | Stock | 902973304 |  | 313597 | 5877 | SH |  | SOLE |  | 0 | 0 | 5877 |
| DIAGEO PLC SPON ADR NEW | ADR | 25243Q205 |  | 313074 | 3629 | SH |  | SOLE |  | 0 | 0 | 3629 |
| BXP INC COM | REIT | 101121101 |  | 311825 | 4621 | SH |  | SOLE |  | 0 | 0 | 4621 |
| UNITED PARCEL SERVICE INC CL B | Stock | 911312106 |  | 311754 | 3143 | SH |  | SOLE |  | 0 | 0 | 3143 |
| KRANESHARES CSI CHINA INTERNET ETF | ETF | 500767306 |  | 308425 | 9058 | SH |  | SOLE |  | 0 | 0 | 9058 |
| VANGUARD SMALL CAP VALUE ETF | ETF | 922908611 |  | 308154 | 1455 | SH |  | SOLE |  | 0 | 0 | 1455 |
| COMCAST CORP NEW CL A | Stock | 20030N101 |  | 295791 | 9896 | SH |  | SOLE |  | 0 | 0 | 9896 |
| CROWDSTRIKE HLDGS INC CL A | Stock | 22788C105 |  | 295319 | 630 | SH |  | SOLE |  | 0 | 0 | 630 |
| STARWOOD PPTY TR INC COM | REIT | 85571B105 |  | 289151 | 16055 | SH |  | SOLE |  | 0 | 0 | 16055 |
| DIAMONDBACK ENERGY INC COM | Stock | 25278X109 |  | 286228 | 1904 | SH |  | SOLE |  | 0 | 0 | 1904 |
| AMERICAN TOWER CORP NEW COM | REIT | 03027X100 |  | 284423 | 1620 | SH |  | SOLE |  | 0 | 0 | 1620 |
| HORMEL FOODS CORP COM | Stock | 440452100 |  | 282860 | 11935 | SH |  | SOLE |  | 0 | 0 | 11935 |
| CLOROX CO DEL COM | Stock | 189054109 |  | 281820 | 2795 | SH |  | SOLE |  | 0 | 0 | 2795 |
| CHIPOTLE MEXICAN GRILL INC COM | Stock | 169656105 |  | 279350 | 7550 | SH |  | SOLE |  | 0 | 0 | 7550 |
| GRAYSCALE BITCOIN TRUST ETF | ETF | 389637109 |  | 277542 | 4060 | SH |  | SOLE |  | 0 | 0 | 4060 |
| ISHARES GOLD TRUST | ETF | 464285204 |  | 273543 | 3370 | SH |  | SOLE |  | 0 | 0 | 3370 |
| VALERO ENERGY CORP COM | Stock | 91913Y100 |  | 269580 | 1656 | SH |  | SOLE |  | 0 | 0 | 1656 |
| PORTLAND GEN ELEC CO COM NEW | Stock | 736508847 |  | 268792 | 5601 | SH |  | SOLE |  | 0 | 0 | 5601 |
| GENUINE PARTS CO COM | Stock | 372460105 |  | 268176 | 2181 | SH |  | SOLE |  | 0 | 0 | 2181 |
| INTUIT COM | Stock | 461202103 |  | 265630 | 401 | SH |  | SOLE |  | 0 | 0 | 401 |
| CORTEVA INC COM | Stock | 22052L104 |  | 265439 | 3960 | SH |  | SOLE |  | 0 | 0 | 3960 |
| SNOWFLAKE INC COM SHS | Stock | 833445109 |  | 263232 | 1200 | SH |  | SOLE |  | 0 | 0 | 1200 |
| NORFOLK SOUTHN CORP COM | Stock | 655844108 |  | 259848 | 900 | SH |  | SOLE |  | 0 | 0 | 900 |
| ALPINE INCOME PPTY TR INC COM | REIT | 02083X103 |  | 256502 | 15341 | SH |  | SOLE |  | 0 | 0 | 15341 |
| BRIXMOR PPTY GROUP INC COM | REIT | 11120U105 |  | 253679 | 9675 | SH |  | SOLE |  | 0 | 0 | 9675 |
| LAS VEGAS SANDS CORP COM | Stock | 517834107 |  | 250336 | 3846 | SH |  | SOLE |  | 0 | 0 | 3846 |
| UGI CORP NEW COM | Stock | 902681105 |  | 247412 | 6610 | SH |  | SOLE |  | 0 | 0 | 6610 |
| VANGUARD FTSE DEVELOPED MARKETS ETF | ETF | 921943858 |  | 246881 | 3952 | SH |  | SOLE |  | 0 | 0 | 3952 |
| DELL TECHNOLOGIES INC CL C | Stock | 24703L202 |  | 245088 | 1947 | SH |  | SOLE |  | 0 | 0 | 1947 |
| COLGATE PALMOLIVE CO COM | Stock | 194162103 |  | 241090 | 3051 | SH |  | SOLE |  | 0 | 0 | 3051 |
| DELTA AIR LINES INC DEL COM NEW | Stock | 247361702 |  | 239708 | 3454 | SH |  | SOLE |  | 0 | 0 | 3454 |
| BECTON DICKINSON  CO COM | Stock | 075887109 |  | 237930 | 1226 | SH |  | SOLE |  | 0 | 0 | 1226 |
| GE VERNOVA INC COM | Stock | 36828A101 |  | 237246 | 363 | SH |  | SOLE |  | 0 | 0 | 363 |
| ALTRIA GROUP INC COM | Stock | 02209S103 |  | 234907 | 4074 | SH |  | SOLE |  | 0 | 0 | 4074 |
| NORWEGIAN CRUISE LINE HLDG LTD SHS | Stock | G66721104 |  | 234494 | 10506 | SH |  | SOLE |  | 0 | 0 | 10506 |
| WARNER BROS DISCOVERY INC COM SER A | Stock | 934423104 |  | 230445 | 7996 | SH |  | SOLE |  | 0 | 0 | 7996 |
| TEXAS INSTRS INC COM | Stock | 882508104 |  | 228833 | 1319 | SH |  | SOLE |  | 0 | 0 | 1319 |
| OLD REP INTL CORP COM | Stock | 680223104 |  | 228200 | 5000 | SH |  | SOLE |  | 0 | 0 | 5000 |
| ISHARES S SMALL-CAP 600 VALUE ETF | ETF | 464287879 |  | 227440 | 2000 | SH |  | SOLE |  | 0 | 0 | 2000 |
| AMCOR PLC COM NEW | Stock | G0250X149 |  | 226256 | 27129 | SH |  | SOLE |  | 0 | 0 | 27129 |
| TORONTO DOMINION BK ONT COM NEW | Stock | 891160509 |  | 223631 | 2374 | SH |  | SOLE |  | 0 | 0 | 2374 |
| BERKSHIRE HATHAWAY INC DEL CL B NEW | Stock | 084670702 |  | 222171 | 442 | SH |  | SOLE |  | 0 | 0 | 442 |
| VANGUARD HIGH DIVIDEND YIELD INDEX ETF | ETF | 921946406 |  | 220734 | 1538 | SH |  | SOLE |  | 0 | 0 | 1538 |
| NIKE INC CL B | Stock | 654106103 |  | 220182 | 3456 | SH |  | SOLE |  | 0 | 0 | 3456 |
| APPLIED MATLS INC COM | Stock | 038222105 |  | 219726 | 855 | SH |  | SOLE |  | 0 | 0 | 855 |
| PUBLIC SVC ENTERPRISE GRP INC COM | Stock | 744573106 |  | 218818 | 2725 | SH |  | SOLE |  | 0 | 0 | 2725 |
| HILTON WORLDWIDE HLDGS INC COM | Stock | 43300A203 |  | 215438 | 750 | SH |  | SOLE |  | 0 | 0 | 750 |
| ISHARES MSCI GLOBAL SILVER MINERS ETF | ETF | 464286327 |  | 214736 | 6266 | SH |  | SOLE |  | 0 | 0 | 6266 |
| VANGUARD MID-CAP VALUE ETF | ETF | 922908512 |  | 214618 | 1210 | SH |  | SOLE |  | 0 | 0 | 1210 |
| BAIDU INC SPON ADR REP A | ADR | 056752108 |  | 203960 | 1561 | SH |  | SOLE |  | 0 | 0 | 1561 |
| PACKAGING CORP AMER COM | Stock | 695156109 |  | 201280 | 976 | SH |  | SOLE |  | 0 | 0 | 976 |
| AMERICAN WTR WKS CO INC NEW COM | Stock | 030420103 |  | 200970 | 1540 | SH |  | SOLE |  | 0 | 0 | 1540 |
| SNAP INC CL A | Stock | 83304A106 |  | 194842 | 24144 | SH |  | SOLE |  | 0 | 0 | 24144 |
| AMBEV SA SPONSORED ADR | ADR | 02319V103 |  | 193043 | 78155 | SH |  | SOLE |  | 0 | 0 | 78155 |
| PROSHARES BITCOIN ETF | ETF | 74347G440 |  | 177864 | 14627 | SH |  | SOLE |  | 0 | 0 | 14627 |
| PARAMOUNT SKYDANCE CORP COM CL B | Stock | 69932A204 |  | 164740 | 12294 | SH |  | SOLE |  | 0 | 0 | 12294 |
| AES CORP COM | Stock | 00130H105 |  | 163777 | 11421 | SH |  | SOLE |  | 0 | 0 | 11421 |
| NEWELL BRANDS INC COM | Stock | 651229106 |  | 123281 | 33140 | SH |  | SOLE |  | 0 | 0 | 33140 |
| DNP SELECT INCOME FD INC COM | CEF | 23325P104 |  | 112368 | 11248 | SH |  | SOLE |  | 0 | 0 | 11248 |
| ARCHER AVIATION INC COM CL A | Stock | 03945R102 |  | 104325 | 13873 | SH |  | SOLE |  | 0 | 0 | 13873 |
| JETBLUE AWYS CORP COM | Stock | 477143101 |  | 64451 | 14165 | SH |  | SOLE |  | 0 | 0 | 14165 |
| SNDL INC COM | Stock | 83307B101 |  | 33200 | 20000 | SH |  | SOLE |  | 0 | 0 | 20000 |
| GOLDMINING INC COM | Stock | 38149E101 |  | 17500 | 14000 | SH |  | SOLE |  | 0 | 0 | 14000 |

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