# EDGAR Filing Document

**Accession Number:** 0002057056
**File Stem:** 0002057056-26-000001
**Filing Date:** 2026-1
**Character Count:** 25718
**Document Hash:** a35b921be5394d0fb7e26b61dfc13aa9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002057056-26-000001.hdr.sgml**: 20260129

**ACCESSION NUMBER**: 0002057056-26-000001

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260129

**DATE AS OF CHANGE**: 20260129

**EFFECTIVENESS DATE**: 20260129

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SCHNIEDERS CAPITAL MANAGEMENT, LLC.
- **CENTRAL INDEX KEY:** 0002057056

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** CA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-25821
- **FILM NUMBER:** 26579058

**BUSINESS ADDRESS:**
- **STREET 1:** 200 SOUTH LOS ROBLES AVENUE
- **STREET 2:** SUITE 510
- **CITY:** PASADENA
- **STATE:** CA
- **ZIP:** 91101
- **BUSINESS PHONE:** 626-584-6168

**MAIL ADDRESS:**
- **STREET 1:** 200 SOUTH LOS ROBLES AVENUE
- **STREET 2:** SUITE 510
- **CITY:** PASADENA
- **STATE:** CA
- **ZIP:** 91101

### 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:** SCHNIEDERS CAPITAL MANAGEMENT LLC.<br>**Address:** 200 SOUTH LOS ROBLES AVENUE<br>SUITE 510<br>PASADENA, CA 91101

**Form 13F File Number:** 028-25821

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:** Sue Bryant<br>**Title:** Chief Compliance Officer<br>**Phone:** 626-584-6168

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

Sue Bryant  Pasadena, CA  01-29-2026<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:** 217

**Form 13F Information Table Value Total:** $641624887

      (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 |
| ABBOTT LABS COM | Stock | 002824100 |  | 6300333 | 50286 | SH |  | SOLE |  | 50286 | 0 | 0 |
| ABBVIE INC COM | Stock | 00287Y109 |  | 3671434 | 16068 | SH |  | SOLE |  | 16068 | 0 | 0 |
| ADOBE INC COM | Stock | 00724F101 |  | 569784 | 1628 | SH |  | SOLE |  | 1628 | 0 | 0 |
| ADVANCED MICRO DEVICES INC COM | Stock | 007903107 |  | 2050582 | 9575 | SH |  | SOLE |  | 9575 | 0 | 0 |
| AEROVIRONMENT INC COM | Stock | 008073108 |  | 308410 | 1275 | SH |  | SOLE |  | 1275 | 0 | 0 |
| AGREE RLTY CORP COM | REIT | 008492100 |  | 644741 | 8951 | SH |  | SOLE |  | 8951 | 0 | 0 |
| ALEXANDRIA REAL ESTATE EQ INC COM | REIT | 015271109 |  | 274749 | 5614 | SH |  | SOLE |  | 5614 | 0 | 0 |
| ALPHABET INC CAP STK CL A | Stock | 02079K305 |  | 34133763 | 109054 | SH |  | SOLE |  | 109054 | 0 | 0 |
| ALPHABET INC CAP STK CL C | Stock | 02079K107 |  | 25596642 | 81570 | SH |  | SOLE |  | 81570 | 0 | 0 |
| ALTRIA GROUP INC COM | Stock | 02209S103 |  | 551581 | 9566 | SH |  | SOLE |  | 9566 | 0 | 0 |
| AMAZON COM INC COM | Stock | 023135106 |  | 27366712 | 118563 | SH |  | SOLE |  | 118563 | 0 | 0 |
| AMERICAN ELEC PWR INC COM | Stock | 025537101 |  | 1215483 | 10541 | SH |  | SOLE |  | 10541 | 0 | 0 |
| AMERICAN EXPRESS CO COM | Stock | 025816109 |  | 496843 | 1343 | SH |  | SOLE |  | 1343 | 0 | 0 |
| AMERICAN HEALTHCARE REIT INC COM SHS | REIT | 398182303 |  | 329561 | 7003 | SH |  | SOLE |  | 7003 | 0 | 0 |
| AMERICAN TOWER CORP NEW COM | REIT | 03027X100 |  | 474039 | 2700 | SH |  | SOLE |  | 2700 | 0 | 0 |
| AMERICAN WTR WKS CO INC NEW COM | Stock | 030420103 |  | 632273 | 4845 | SH |  | SOLE |  | 4845 | 0 | 0 |
| AMERIPRISE FINL INC COM | Stock | 03076C106 |  | 400608 | 817 | SH |  | SOLE |  | 817 | 0 | 0 |
| AMERISOURCEBERGEN CORP COM | Stock | 03073E105 |  | 389764 | 1154 | SH |  | SOLE |  | 1154 | 0 | 0 |
| AMGEN INC COM | Stock | 031162100 |  | 8423748 | 25736 | SH |  | SOLE |  | 25736 | 0 | 0 |
| AMPHENOL CORP NEW CL A | Stock | 032095101 |  | 201629 | 1492 | SH |  | SOLE |  | 1492 | 0 | 0 |
| AMPLIFY CYBERSECURITY ETF | ETF | 032108664 |  | 765364 | 9523 | SH |  | SOLE |  | 9523 | 0 | 0 |
| ANNALY CAPITAL MANAGEMENT INC COM NEW | REIT | 035710839 |  | 263603 | 11789 | SH |  | SOLE |  | 11789 | 0 | 0 |
| ANTHEM INC COM | Stock | 036752103 |  | 277285 | 791 | SH |  | SOLE |  | 791 | 0 | 0 |
| APOLLO GLOBAL MGMT INC COM | Stock | 03769M106 |  | 8245530 | 56960 | SH |  | SOLE |  | 56960 | 0 | 0 |
| APPLE INC COM | Stock | 037833100 |  | 35946303 | 132224 | SH |  | SOLE |  | 132224 | 0 | 0 |
| APPLIED MATLS INC COM | Stock | 038222105 |  | 2880087 | 11207 | SH |  | SOLE |  | 11207 | 0 | 0 |
| ARISTA NETWORKS INC COM SHS | Stock | 040413205 |  | 211220 | 1612 | SH |  | SOLE |  | 1612 | 0 | 0 |
| AT INC COM | Stock | 00206R102 |  | 308885 | 12435 | SH |  | SOLE |  | 12435 | 0 | 0 |
| ATMOS ENERGY CORP COM | Stock | 049560105 |  | 331069 | 1975 | SH |  | SOLE |  | 1975 | 0 | 0 |
| AUTODESK INC COM | Stock | 052769106 |  | 329755 | 1114 | SH |  | SOLE |  | 1114 | 0 | 0 |
| AUTOMATIC DATA PROCESSING INC COM | Stock | 053015103 |  | 265976 | 1034 | SH |  | SOLE |  | 1034 | 0 | 0 |
| BANK AMER CORP COM | Stock | 060505104 |  | 10974150 | 199530 | SH |  | SOLE |  | 199530 | 0 | 0 |
| BANK AMERICA CORP 7.25CNV PFD L | Convertible Preferred | 060505682 |  | 1332128 | 1064 | SH |  | SOLE |  | 1064 | 0 | 0 |
| BECTON DICKINSON  CO COM | Stock | 075887109 |  | 271698 | 1400 | SH |  | SOLE |  | 1400 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL CL A | Stock | 084670108 |  | 754800 | 1 | SH |  | SOLE |  | 1 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL CL B NEW | Stock | 084670702 |  | 4699778 | 9350 | SH |  | SOLE |  | 9350 | 0 | 0 |
| BLACKROCK INC COM | Stock | 09290D101 |  | 264374 | 247 | SH |  | SOLE |  | 247 | 0 | 0 |
| BLACKROCK TAX MUNICPAL BD TR SHS | CEF | 09248X100 |  | 343128 | 21025 | SH |  | SOLE |  | 21025 | 0 | 0 |
| BOOKING HOLDINGS INC COM | Stock | 09857L108 |  | 476624 | 89 | SH |  | SOLE |  | 89 | 0 | 0 |
| BP PLC SPONSORED ADR | ADR | 055622104 |  | 267838 | 7712 | SH |  | SOLE |  | 7712 | 0 | 0 |
| BRISTOL MYERS SQUIBB CO COM | Stock | 110122108 |  | 439773 | 8153 | SH |  | SOLE |  | 8153 | 0 | 0 |
| BROADCOM INC COM | Stock | 11135F101 |  | 5153775 | 14891 | SH |  | SOLE |  | 14891 | 0 | 0 |
| BRT APARTMENTS CORP COM | REIT | 055645303 |  | 426124 | 28988 | SH |  | SOLE |  | 28988 | 0 | 0 |
| CANADIAN PAC RY LTD COM | Stock | 13646K108 |  | 345999 | 4693 | SH |  | SOLE |  | 4693 | 0 | 0 |
| CARRIER GLOBAL CORPORATION COM | Stock | 14448C104 |  | 716880 | 13567 | SH |  | SOLE |  | 13567 | 0 | 0 |
| CATERPILLAR INC DEL COM | Stock | 149123101 |  | 5372375 | 9378 | SH |  | SOLE |  | 9378 | 0 | 0 |
| CHEVRON CORP NEW COM | Stock | 166764100 |  | 7856431 | 51548 | SH |  | SOLE |  | 51548 | 0 | 0 |
| CINCINNATI FINL CORP COM | Stock | 172062101 |  | 202353 | 1239 | SH |  | SOLE |  | 1239 | 0 | 0 |
| CISCO SYS INC COM | Stock | 17275R102 |  | 1092415 | 14182 | SH |  | SOLE |  | 14182 | 0 | 0 |
| CITIGROUP INC COM NEW | Stock | 172967424 |  | 1599220 | 13705 | SH |  | SOLE |  | 13705 | 0 | 0 |
| CLOROX CO DEL COM | Stock | 189054109 |  | 203072 | 2014 | SH |  | SOLE |  | 2014 | 0 | 0 |
| COCA COLA CO COM | Stock | 191216100 |  | 1654071 | 23660 | SH |  | SOLE |  | 23660 | 0 | 0 |
| COHEN  STEERS TOTAL RETURN FD COM | CEF | 19247R103 |  | 387966 | 35110 | SH |  | SOLE |  | 35110 | 0 | 0 |
| COLGATE PALMOLIVE CO COM | Stock | 194162103 |  | 471512 | 5967 | SH |  | SOLE |  | 5967 | 0 | 0 |
| COMCAST CORP NEW CL A | Stock | 20030N101 |  | 267665 | 8955 | SH |  | SOLE |  | 8955 | 0 | 0 |
| COMPUGEN LTD ORD | Stock | M25722105 |  | 137700 | 90000 | SH |  | SOLE |  | 90000 | 0 | 0 |
| CONSTELLATION ENERGY CORP COM | Stock | 21037T109 |  | 268132 | 759 | SH |  | SOLE |  | 759 | 0 | 0 |
| CORNING INC COM | Stock | 219350105 |  | 443330 | 5063 | SH |  | SOLE |  | 5063 | 0 | 0 |
| CORTEVA INC COM | Stock | 22052L104 |  | 505674 | 7544 | SH |  | SOLE |  | 7544 | 0 | 0 |
| COSTCO WHSL CORP NEW COM | Stock | 22160K105 |  | 7310056 | 8477 | SH |  | SOLE |  | 8477 | 0 | 0 |
| CROWN CASTLE INC COM | REIT | 22822V101 |  | 230707 | 2596 | SH |  | SOLE |  | 2596 | 0 | 0 |
| DEERE  CO COM | Stock | 244199105 |  | 959074 | 2060 | SH |  | SOLE |  | 2060 | 0 | 0 |
| DIGITAL RLTY TR INC COM | REIT | 253868103 |  | 720639 | 4658 | SH |  | SOLE |  | 4658 | 0 | 0 |
| DISNEY WALT CO COM DISNEY | Stock | 254687106 |  | 1585966 | 13940 | SH |  | SOLE |  | 13940 | 0 | 0 |
| DOMINION RES INC VA NEW COM | Stock | 25746U109 |  | 8302086 | 141698 | SH |  | SOLE |  | 141698 | 0 | 0 |
| DUKE ENERGY CORP NEW COM NEW | Stock | 26441C204 |  | 4956459 | 42287 | SH |  | SOLE |  | 42287 | 0 | 0 |
| EASTGROUP PPTY INC COM | REIT | 277276101 |  | 1020223 | 5727 | SH |  | SOLE |  | 5727 | 0 | 0 |
| EATON CORP PLC SHS | Stock | G29183103 |  | 485091 | 1523 | SH |  | SOLE |  | 1523 | 0 | 0 |
| ECOLAB INC COM | Stock | 278865100 |  | 306098 | 1166 | SH |  | SOLE |  | 1166 | 0 | 0 |
| EMERSON ELEC CO COM | Stock | 291011104 |  | 274332 | 2067 | SH |  | SOLE |  | 2067 | 0 | 0 |
| ENBRIDGE INC COM | Stock | 29250N105 |  | 250258 | 5223 | SH |  | SOLE |  | 5223 | 0 | 0 |
| ENTERPRISE PRODS PARTNERS L P COM | Stock | 293792107 |  | 1703893 | 53147 | SH |  | SOLE |  | 53147 | 0 | 0 |
| EPR PPTYS CONV PFD 9 SR E | REIT | 26884U307 |  | 266288 | 8900 | SH |  | SOLE |  | 8900 | 0 | 0 |
| EQUINIX INC COM | REIT | 29444U700 |  | 527884 | 689 | SH |  | SOLE |  | 689 | 0 | 0 |
| ESSENTIAL UTILS INC COM | Stock | 29670G102 |  | 654844 | 17071 | SH |  | SOLE |  | 17071 | 0 | 0 |
| EVERGY INC COM | Stock | 30034W106 |  | 1547299 | 21345 | SH |  | SOLE |  | 21345 | 0 | 0 |
| EVERSOURCE ENERGY COM | Stock | 30040W108 |  | 4615741 | 68554 | SH |  | SOLE |  | 68554 | 0 | 0 |
| EXXON MOBIL CORP COM | Stock | 30231G102 |  | 4331589 | 35995 | SH |  | SOLE |  | 35995 | 0 | 0 |
| FEDERAL AGRIC MTG CORP CL C | Stock | 313148306 |  | 245151 | 1396 | SH |  | SOLE |  | 1396 | 0 | 0 |
| FINANCIAL SELECT SECTOR SPDR FUND | ETF | 81369Y605 |  | 2083227 | 38036 | SH |  | SOLE |  | 38036 | 0 | 0 |
| FIRST TRUST PREFERRED SECURITIES  INCOME ETF | ETF | 33739E108 |  | 393370 | 21590 | SH |  | SOLE |  | 21590 | 0 | 0 |
| GAMING  LEISURE PPTYS INC COM | REIT | 36467J108 |  | 673434 | 15069 | SH |  | SOLE |  | 15069 | 0 | 0 |
| GARMIN LTD SHS | Stock | H2906T109 |  | 202850 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| GE VERNOVA INC COM | Stock | 36828A101 |  | 901273 | 1379 | SH |  | SOLE |  | 1379 | 0 | 0 |
| GENERAL ELECTRIC CO COM | Stock | 369604301 |  | 1643702 | 5336 | SH |  | SOLE |  | 5336 | 0 | 0 |
| GENERAL MLS INC COM | Stock | 370334104 |  | 259610 | 5583 | SH |  | SOLE |  | 5583 | 0 | 0 |
| GOLDMAN SACHS GROUP INC COM | Stock | 38141G104 |  | 721774 | 821 | SH |  | SOLE |  | 821 | 0 | 0 |
| GRAYSCALE BITCOIN TRUST ETF | ETF | 389637109 |  | 292854 | 4284 | SH |  | SOLE |  | 4284 | 0 | 0 |
| HOME DEPOT INC COM | Stock | 437076102 |  | 3820886 | 11104 | SH |  | SOLE |  | 11104 | 0 | 0 |
| HONEYWELL INTL INC COM | Stock | 438516106 |  | 1375385 | 7050 | SH |  | SOLE |  | 7050 | 0 | 0 |
| INDIA FD INC COM | CEF | 454089103 |  | 431988 | 31509 | SH |  | SOLE |  | 31509 | 0 | 0 |
| INGERSOLL-RAND PLC SHS | Stock | G8994E103 |  | 201995 | 519 | SH |  | SOLE |  | 519 | 0 | 0 |
| INNOVATOR U.S. EQUITY POWER BUFFER ETF - JULY | ETF | 45782C813 |  | 243525 | 5245 | SH |  | SOLE |  | 5245 | 0 | 0 |
| INNOVATOR U.S. EQUITY POWER BUFFER ETF - MARCH | ETF | 45782C383 |  | 521325 | 11600 | SH |  | SOLE |  | 11600 | 0 | 0 |
| INTEL CORP COM | Stock | 458140100 |  | 689326 | 18681 | SH |  | SOLE |  | 18681 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS COM | Stock | 459200101 |  | 10946443 | 36955 | SH |  | SOLE |  | 36955 | 0 | 0 |
| INTUIT COM | Stock | 461202103 |  | 359032 | 542 | SH |  | SOLE |  | 542 | 0 | 0 |
| INTUITIVE SURGICAL INC COM NEW | Stock | 46120E602 |  | 385125 | 680 | SH |  | SOLE |  | 680 | 0 | 0 |
| INVESCO NASDAQ INTERNET ETF | ETF | 46137V530 |  | 413236 | 7660 | SH |  | SOLE |  | 7660 | 0 | 0 |
| INVESCO S 500 EQUAL WEIGHT ETF | ETF | 46137V357 |  | 633680 | 3308 | SH |  | SOLE |  | 3308 | 0 | 0 |
| ISHARES 0-3 MONTH TREASURY BOND ETF | ETF | 46436E718 |  | 18160549 | 180918 | SH |  | SOLE |  | 180918 | 0 | 0 |
| ISHARES COMEX GOLD TRUST | ETF | 464285204 |  | 526956 | 6492 | SH |  | SOLE |  | 6492 | 0 | 0 |
| ISHARES CORE S 500 ETF | ETF | 464287200 |  | 3612585 | 5274 | SH |  | SOLE |  | 5274 | 0 | 0 |
| ISHARES CORE S MID-CAP ETF | ETF | 464287507 |  | 378114 | 5729 | SH |  | SOLE |  | 5729 | 0 | 0 |
| ISHARES CORE S SMALL-CAP ETF | ETF | 464287804 |  | 268242 | 2232 | SH |  | SOLE |  | 2232 | 0 | 0 |
| ISHARES MSCI EAFE ETF | ETF | 464287465 |  | 246605 | 2568 | SH |  | SOLE |  | 2568 | 0 | 0 |
| ISHARES RUSSELL 1000 GROWTH ETF | ETF | 464287614 |  | 1563783 | 3304 | SH |  | SOLE |  | 3304 | 0 | 0 |
| ISHARES RUSSELL 1000 VALUE ETF | ETF | 464287598 |  | 565604 | 2689 | SH |  | SOLE |  | 2689 | 0 | 0 |
| ISHARES RUSSELL 3000 ETF | ETF | 464287689 |  | 334238 | 864 | SH |  | SOLE |  | 864 | 0 | 0 |
| ISHARES S 100 ETF | ETF | 464287101 |  | 887606 | 2588 | SH |  | SOLE |  | 2588 | 0 | 0 |
| ISHARES SELECT DIVIDEND ETF | ETF | 464287168 |  | 522359 | 3701 | SH |  | SOLE |  | 3701 | 0 | 0 |
| ISHARES SEMICONDUCTOR ETF | ETF | 464287523 |  | 1132324 | 3760 | SH |  | SOLE |  | 3760 | 0 | 0 |
| ISHARES SILVER TRUST | ETF | 46428Q109 |  | 1521923 | 23625 | SH |  | SOLE |  | 23625 | 0 | 0 |
| ISHARES U.S. TECHNOLOGY ETF | ETF | 464287721 |  | 924918 | 4632 | SH |  | SOLE |  | 4632 | 0 | 0 |
| ISHARES U.S. UTILITIES ETF | ETF | 464287697 |  | 563472 | 5200 | SH |  | SOLE |  | 5200 | 0 | 0 |
| JOHNSON  JOHNSON | Stock | 478160104 |  | 14798228 | 71506 | SH |  | SOLE |  | 71506 | 0 | 0 |
| JPMORGAN CHASE  CO COM | Stock | 46625H100 |  | 19228801 | 59676 | SH |  | SOLE |  | 59676 | 0 | 0 |
| KAYNE ANDERSON MLP INVT CO COM | CEF | 486606106 |  | 124060 | 10021 | SH |  | SOLE |  | 10021 | 0 | 0 |
| KIMBERLY CLARK CORP COM | Stock | 494368103 |  | 562462 | 5575 | SH |  | SOLE |  | 5575 | 0 | 0 |
| KINDER MORGAN INC DEL COM | Stock | 49456B101 |  | 2537300 | 92299 | SH |  | SOLE |  | 92299 | 0 | 0 |
| LAM RESEARCH CORP COM NEW | Stock | 512807306 |  | 516964 | 3020 | SH |  | SOLE |  | 3020 | 0 | 0 |
| LAMAR ADVERTISING CO NEW CL A | REIT | 512816109 |  | 290501 | 2295 | SH |  | SOLE |  | 2295 | 0 | 0 |
| LILLY ELI  CO COM | Stock | 532457108 |  | 9073531 | 8443 | SH |  | SOLE |  | 8443 | 0 | 0 |
| LINDE PLC SHS | Stock | G54950103 |  | 396116 | 929 | SH |  | SOLE |  | 929 | 0 | 0 |
| LOCKHEED MARTIN CORP COM | Stock | 539830109 |  | 420793 | 870 | SH |  | SOLE |  | 870 | 0 | 0 |
| LOWES COS INC COM | Stock | 548661107 |  | 598077 | 2480 | SH |  | SOLE |  | 2480 | 0 | 0 |
| MASTERCARD INC CL A | Stock | 57636Q104 |  | 1317591 | 2308 | SH |  | SOLE |  | 2308 | 0 | 0 |
| MCDONALDS CORP COM | Stock | 580135101 |  | 3870118 | 12663 | SH |  | SOLE |  | 12663 | 0 | 0 |
| MEDICAL PPTYS TRUST INC COM | REIT | 58463J304 |  | 62000 | 12400 | SH |  | SOLE |  | 12400 | 0 | 0 |
| MERCADOLIBRE INC COM | Stock | 58733R102 |  | 543850 | 270 | SH |  | SOLE |  | 270 | 0 | 0 |
| MERCK  CO INC COM | Stock | 58933Y105 |  | 802760 | 7626 | SH |  | SOLE |  | 7626 | 0 | 0 |
| META PLATFORMS INC CL A | Stock | 30303M102 |  | 21912348 | 33196 | SH |  | SOLE |  | 33196 | 0 | 0 |
| MICRON TECHNOLOGY INC COM | Stock | 595112103 |  | 3625849 | 12704 | SH |  | SOLE |  | 12704 | 0 | 0 |
| MICROSOFT CORP COM | Stock | 594918104 |  | 53603178 | 110837 | SH |  | SOLE |  | 110837 | 0 | 0 |
| MID-AMER APT CMNTYS INC COM | REIT | 59522J103 |  | 611065 | 4399 | SH |  | SOLE |  | 4399 | 0 | 0 |
| MONDELEZ INTL INC CL A | Stock | 609207105 |  | 553857 | 10289 | SH |  | SOLE |  | 10289 | 0 | 0 |
| NATIONAL HEALTH INVS INC COM | REIT | 63633D104 |  | 691365 | 9053 | SH |  | SOLE |  | 9053 | 0 | 0 |
| NATIONAL RETAIL PPTYS INC COM | REIT | 637417106 |  | 1202414 | 30341 | SH |  | SOLE |  | 30341 | 0 | 0 |
| NETFLIX INC COM | Stock | 64110L106 |  | 1508598 | 16090 | SH |  | SOLE |  | 16090 | 0 | 0 |
| NEXPOINT RESIDENTIAL TR INC COM | REIT | 65341D102 |  | 235533 | 7825 | SH |  | SOLE |  | 7825 | 0 | 0 |
| NEXTERA ENERGY INC COM | Stock | 65339F101 |  | 4006454 | 49906 | SH |  | SOLE |  | 49906 | 0 | 0 |
| NISOURCE INC COM | Stock | 65473P105 |  | 867956 | 20784 | SH |  | SOLE |  | 20784 | 0 | 0 |
| NORFOLK SOUTHERN CORP COM | Stock | 655844108 |  | 1234278 | 4275 | SH |  | SOLE |  | 4275 | 0 | 0 |
| NORTHWESTERN ENERGY GROUP INC COM NEW | Stock | 668074305 |  | 1674684 | 25948 | SH |  | SOLE |  | 25948 | 0 | 0 |
| NOVARTIS A G SPONSORED ADR | ADR | 66987V109 |  | 242513 | 1759 | SH |  | SOLE |  | 1759 | 0 | 0 |
| NOVO-NORDISK A S ADR | ADR | 670100205 |  | 556271 | 10933 | SH |  | SOLE |  | 10933 | 0 | 0 |
| NUVEEN DOW 30 DYN OVERWRITE SHS | CEF | 67075F105 |  | 486031 | 31850 | SH |  | SOLE |  | 31850 | 0 | 0 |
| NUVEEN NASDAQ 100 DYNAMIC OVER COM SHS | CEF | 670699107 |  | 1360832 | 47715 | SH |  | SOLE |  | 47715 | 0 | 0 |
| NVIDIA CORP COM | Stock | 67066G104 |  | 20340814 | 109066 | SH |  | SOLE |  | 109066 | 0 | 0 |
| ORACLE CORP COM | Stock | 68389X105 |  | 7678440 | 39395 | SH |  | SOLE |  | 39395 | 0 | 0 |
| OUTFRONT MEDIA INC COM | REIT | 69007J304 |  | 551529 | 22885 | SH |  | SOLE |  | 22885 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC CL A | Stock | 69608A108 |  | 1183460 | 6658 | SH |  | SOLE |  | 6658 | 0 | 0 |
| PAYPAL HLDGS INC COM | Stock | 70450Y103 |  | 309414 | 5300 | SH |  | SOLE |  | 5300 | 0 | 0 |
| PEPSICO INC COM | Stock | 713448108 |  | 2961966 | 20638 | SH |  | SOLE |  | 20638 | 0 | 0 |
| PFIZER INC COM | Stock | 717081103 |  | 286755 | 11516 | SH |  | SOLE |  | 11516 | 0 | 0 |
| PHILIP MORRIS INTL INC COM | Stock | 718172109 |  | 1581036 | 9857 | SH |  | SOLE |  | 9857 | 0 | 0 |
| PHILLIPS 66 COM | Stock | 718546104 |  | 452672 | 3508 | SH |  | SOLE |  | 3508 | 0 | 0 |
| PINNACLE WEST CAP CORP COM | Stock | 723484101 |  | 1241623 | 13998 | SH |  | SOLE |  | 13998 | 0 | 0 |
| POWERSHARES QQQ TRUST SERIES 1 | ETF | 46090E103 |  | 21616955 | 35189 | SH |  | SOLE |  | 35189 | 0 | 0 |
| PRINCIPAL SPECTRUM PREFERRED SECS ACTIVE ETF | ETF | 74255Y888 |  | 698916 | 36650 | SH |  | SOLE |  | 36650 | 0 | 0 |
| PROCTER  GAMBLE COMPANY | Stock | 742718109 |  | 3326082 | 23209 | SH |  | SOLE |  | 23209 | 0 | 0 |
| PROLOGIS INC COM | REIT | 74340W103 |  | 1305706 | 10228 | SH |  | SOLE |  | 10228 | 0 | 0 |
| PROSHARES ULTRA QQQ | ETF | 74347R206 |  | 323886 | 4600 | SH |  | SOLE |  | 4600 | 0 | 0 |
| PROSHARES ULTRA SILVER | ETF | 74347W353 |  | 354759 | 2287 | SH |  | SOLE |  | 2287 | 0 | 0 |
| PRUDENTIAL FINANCIAL INC. | Stock | 744320102 |  | 475676 | 4214 | SH |  | SOLE |  | 4214 | 0 | 0 |
| PUBLIC SVC ENTERPRISE GROUP COM | Stock | 744573106 |  | 227329 | 2831 | SH |  | SOLE |  | 2831 | 0 | 0 |
| QUALCOMM INC COM | Stock | 747525103 |  | 1368571 | 8001 | SH |  | SOLE |  | 8001 | 0 | 0 |
| QUEST DIAGNOSTICS INC COM | Stock | 74834L100 |  | 315304 | 1817 | SH |  | SOLE |  | 1817 | 0 | 0 |
| RAYTHEON TECHNOLOGIES CORP COM | Stock | 75513E101 |  | 3796380 | 20700 | SH |  | SOLE |  | 20700 | 0 | 0 |
| REALTY INCOME CORP COM | REIT | 756109104 |  | 1740255 | 30872 | SH |  | SOLE |  | 30872 | 0 | 0 |
| ROYAL DUTCH SHELL PLC SPONS ADR A | ADR | 780259305 |  | 527954 | 7185 | SH |  | SOLE |  | 7185 | 0 | 0 |
| SALESFORCE COM INC COM | Stock | 79466L302 |  | 457235 | 1726 | SH |  | SOLE |  | 1726 | 0 | 0 |
| SCHWAB U.S. BROAD MARKET ETF | ETF | 808524102 |  | 240016 | 9150 | SH |  | SOLE |  | 9150 | 0 | 0 |
| SIMON PPTY GROUP INC NEW COM | REIT | 828806109 |  | 477028 | 2577 | SH |  | SOLE |  | 2577 | 0 | 0 |
| SOUTHERN CO COM | Stock | 842587107 |  | 5300016 | 60780 | SH |  | SOLE |  | 60780 | 0 | 0 |
| SPDR DOW JONES INDUSTRIAL AVERAGE ETF | ETF | 78467X109 |  | 3725379 | 7752 | SH |  | SOLE |  | 7752 | 0 | 0 |
| SPDR GOLD SHARES | ETF | 78463V107 |  | 2659240 | 6710 | SH |  | SOLE |  | 6710 | 0 | 0 |
| SPDR S 500 TRUST | ETF | 78462F103 |  | 14414910 | 21139 | SH |  | SOLE |  | 21139 | 0 | 0 |
| STAG INDL INC COM | REIT | 85254J102 |  | 1133237 | 30828 | SH |  | SOLE |  | 30828 | 0 | 0 |
| STATE STR CORP COM | Stock | 857477103 |  | 219317 | 1700 | SH |  | SOLE |  | 1700 | 0 | 0 |
| STATE STREET COMMUNICATION SERVICES SELECT SECTOR SPDR ETF | ETF | 81369Y852 |  | 1198743 | 10183 | SH |  | SOLE |  | 10183 | 0 | 0 |
| STATE STREET INDUSTRIAL SELECT SECTOR SPDR ETF | ETF | 81369Y704 |  | 751246 | 4843 | SH |  | SOLE |  | 4843 | 0 | 0 |
| STATE STREET SPDR S DIVIDEND ETF | ETF | 78464A763 |  | 383942 | 2759 | SH |  | SOLE |  | 2759 | 0 | 0 |
| SYSCO CORP COM | Stock | 871829107 |  | 391294 | 5310 | SH |  | SOLE |  | 5310 | 0 | 0 |
| TASER INTL INC COM | Stock | 05464C101 |  | 244210 | 430 | SH |  | SOLE |  | 430 | 0 | 0 |
| TECHNOLOGY SELECT SECTOR SPDR FUND | ETF | 81369Y803 |  | 15395889 | 106938 | SH |  | SOLE |  | 106938 | 0 | 0 |
| TESLA MTRS INC COM | Stock | 88160R101 |  | 4927582 | 10957 | SH |  | SOLE |  | 10957 | 0 | 0 |
| TEXAS INSTRS INC COM | Stock | 882508104 |  | 502080 | 2894 | SH |  | SOLE |  | 2894 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC COM | Stock | 883556102 |  | 447335 | 772 | SH |  | SOLE |  | 772 | 0 | 0 |
| TJX COS INC NEW COM | Stock | 872540109 |  | 303380 | 1975 | SH |  | SOLE |  | 1975 | 0 | 0 |
| TWILIO INC CL A | Stock | 90138F102 |  | 1610157 | 11320 | SH |  | SOLE |  | 11320 | 0 | 0 |
| UBER TECHNOLOGIES INC COM | Stock | 90353T100 |  | 326758 | 3999 | SH |  | SOLE |  | 3999 | 0 | 0 |
| UNILEVER PLC SPON ADR NEW | ADR | 904767803 |  | 268009 | 4098 | SH |  | SOLE |  | 4098 | 0 | 0 |
| UNION PAC CORP COM | Stock | 907818108 |  | 5843606 | 25262 | SH |  | SOLE |  | 25262 | 0 | 0 |
| UNITEDHEALTH GROUP INC COM | Stock | 91324P102 |  | 2935668 | 8893 | SH |  | SOLE |  | 8893 | 0 | 0 |
| US BANCORP DEL COM NEW | Stock | 902973304 |  | 1849351 | 34658 | SH |  | SOLE |  | 34658 | 0 | 0 |
| UWM HOLDINGS CORPORATION COM CL A | Stock | 91823B109 |  | 168192 | 38400 | SH |  | SOLE |  | 38400 | 0 | 0 |
| VALERO ENERGY CORP COM | Stock | 91913Y100 |  | 262906 | 1615 | SH |  | SOLE |  | 1615 | 0 | 0 |
| VANECK SEMICONDUCTOR ETF | ETF | 92189F676 |  | 970303 | 2694 | SH |  | SOLE |  | 2694 | 0 | 0 |
| VANGUARD CONSUMER STAPLES INDEX FUND | ETF | 92204A207 |  | 214409 | 1015 | SH |  | SOLE |  | 1015 | 0 | 0 |
| VANGUARD GROWTH INDEX FUND | ETF | 922908736 |  | 498105 | 1021 | SH |  | SOLE |  | 1021 | 0 | 0 |
| VANGUARD INFORMATION TECHNOLOGY ETF | ETF | 92204A702 |  | 5097515 | 6763 | SH |  | SOLE |  | 6763 | 0 | 0 |
| VANGUARD REIT ETF | ETF | 922908553 |  | 468791 | 5298 | SH |  | SOLE |  | 5298 | 0 | 0 |
| VANGUARD S 500 ETF | ETF | 922908363 |  | 367012 | 585 | SH |  | SOLE |  | 585 | 0 | 0 |
| VANGUARD TOTAL STOCK MARKET ETF | ETF | 922908769 |  | 359770 | 1073 | SH |  | SOLE |  | 1073 | 0 | 0 |
| VERIZON COMMUNICATIONS INC. | Stock | 92343V104 |  | 1147744 | 28179 | SH |  | SOLE |  | 28179 | 0 | 0 |
| VICI PPTYS INC COM | REIT | 925652109 |  | 1164168 | 41400 | SH |  | SOLE |  | 41400 | 0 | 0 |
| VISA INC COM CL A | Stock | 92826C839 |  | 6855679 | 19548 | SH |  | SOLE |  | 19548 | 0 | 0 |
| VISTRA CORP COM | Stock | 92840M102 |  | 496090 | 3075 | SH |  | SOLE |  | 3075 | 0 | 0 |
| WAL-MART STORES INC COM | Stock | 931142103 |  | 9991360 | 89681 | SH |  | SOLE |  | 89681 | 0 | 0 |
| WASTE MGMT INC DEL COM | Stock | 94106L109 |  | 6362362 | 28958 | SH |  | SOLE |  | 28958 | 0 | 0 |
| WELLS FARGO  CO NEW COM | Stock | 949746101 |  | 4769137 | 51171 | SH |  | SOLE |  | 51171 | 0 | 0 |
| WELLS FARGO  CO PERP PFD CNV A | Convertible Preferred | 949746804 |  | 1251996 | 1033 | SH |  | SOLE |  | 1033 | 0 | 0 |
| WELLTOWER INC COM | REIT | 95040Q104 |  | 1558010 | 8394 | SH |  | SOLE |  | 8394 | 0 | 0 |
| WILLIAMS SONOMA INC COM | Stock | 969904101 |  | 1379786 | 7726 | SH |  | SOLE |  | 7726 | 0 | 0 |
| WISDOMTREE U.S. HIGH DIVIDEND FUND | ETF | 97717W208 |  | 340079 | 3340 | SH |  | SOLE |  | 3340 | 0 | 0 |
| YUM BRANDS INC COM | Stock | 988498101 |  | 230248 | 1522 | SH |  | SOLE |  | 1522 | 0 | 0 |

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