# EDGAR Filing Document

**Accession Number:** 0001598841
**File Stem:** 0001598841-26-000002
**Filing Date:** 2026-5
**Character Count:** 26637
**Document Hash:** a454539f5a7cd005aae009cf5512e2f3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001598841-26-000002.hdr.sgml**: 20260505

**ACCESSION NUMBER**: 0001598841-26-000002

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260505

**DATE AS OF CHANGE**: 20260505

**EFFECTIVENESS DATE**: 20260505

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Advisors Preferred, LLC
- **CENTRAL INDEX KEY:** 0001598841

**ORGANIZATION NAME:**
- **EIN:** 364702719
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-16005
- **FILM NUMBER:** 26940887

**BUSINESS ADDRESS:**
- **STREET 1:** 1445 RESEARCH BOULEVARD
- **STREET 2:** #530
- **CITY:** ROCKVILLE
- **STATE:** MD
- **ZIP:** 20850
- **BUSINESS PHONE:** 240-223-1998

**MAIL ADDRESS:**
- **STREET 1:** 1445 RESEARCH BOULEVARD
- **STREET 2:** #530
- **CITY:** ROCKVILLE
- **STATE:** MD
- **ZIP:** 20850

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 03-31-2026

**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:** Advisors Preferred LLC<br>**Address:** 1445 RESEARCH BOULEVARD

#530<br>ROCKVILLE, MD 20850

**Form 13F File Number:** 028-16005

**CRD Number (if applicable):** 000157980

**SEC File Number (if applicable):** 801-72430

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:** Angela Holland<br>**Title:** CCO<br>**Phone:** 2402231988

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

Angela Holland  Columbia, MD  05-05-2026<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:** 1

**Form 13F Information Table Entry Total:** 216

**Form 13F Information Table Value Total:** $678989847

      (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.]

| No.   | Name                          | Form 13F File Number   |
|:---|:---|:---|
|  | Flexible Plan Investments Ltd |  |

### 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 |
| Aflac Inc. | COM | 001055102 |  | 535824 | 4884 | SH |  | OTR | 1 | 4884 | 0 | 0 |
| Abbott Laboratories | COM | 002824100 |  | 1334710 | 13000 | SH |  | OTR | 1 | 13000 | 0 | 0 |
| abrdn Bloomberg All Commodity Strategy K1 Free  ETF | ETF | 003261104 |  | 23051 | 949 | SH |  | OTR | 1 | 949 | 0 | 0 |
| Alcoa Corporation | COM | 013872106 |  | 1613345 | 24323 | SH |  | OTR | 1 | 24323 | 0 | 0 |
| Amazon.com Inc. | COM | 023135106 |  | 5269231 | 25300 | SH |  | OTR | 1 | 25300 | 0 | 0 |
| American Financial Group Inc | COM | 025932104 |  | 517353 | 4051 | SH |  | OTR | 1 | 4051 | 0 | 0 |
| Amgen Inc. | COM | 031162100 |  | 1653695 | 4700 | SH |  | OTR | 1 | 4700 | 0 | 0 |
| Amphenol Corporation | COM | 032095101 |  | 3285100 | 26000 | SH |  | OTR | 1 | 26000 | 0 | 0 |
| Amplify Junior Silver Miners ETF | ETF | 032108649 |  | 19407 | 653 | SH |  | OTR | 1 | 653 | 0 | 0 |
| Annaly Capital Management Inc. | REIT | 035710839 |  | 492520 | 23287 | SH |  | OTR | 1 | 23287 | 0 | 0 |
| Apple Inc. | COM | 037833100 |  | 10725927 | 42263 | SH |  | OTR | 1 | 42263 | 0 | 0 |
| Automatic Data Processing Inc. | COM | 053015103 |  | 495150 | 2437 | SH |  | OTR | 1 | 2437 | 0 | 0 |
| Banco Bradesco S.A. | ADR | 059460303 |  | 477234 | 130749 | SH |  | OTR | 1 | 130749 | 0 | 0 |
| Banco de Chile | ADR | 059520106 |  | 1026230 | 27706 | SH |  | OTR | 1 | 27706 | 0 | 0 |
| Bank of America Corporation | COM | 060505104 |  | 2705625 | 55500 | SH |  | OTR | 1 | 55500 | 0 | 0 |
| Bank of Hawaii Corporation | COM | 062540109 |  | 5578328 | 75129 | SH |  | OTR | 1 | 75129 | 0 | 0 |
| Berkshire Hathaway Inc. | COM | 084670702 |  | 2443920 | 5100 | SH |  | OTR | 1 | 5100 | 0 | 0 |
| British American Tobacco plc | ADR | 110448107 |  | 536111 | 9169 | SH |  | OTR | 1 | 9169 | 0 | 0 |
| Caterpillar Inc. | COM | 149123101 |  | 7612403 | 10745 | SH |  | OTR | 1 | 10745 | 0 | 0 |
| Chevron Corporation | COM | 166764100 |  | 1365540 | 6600 | SH |  | OTR | 1 | 6600 | 0 | 0 |
| Cintas Corporation | COM | 172908105 |  | 493381 | 2917 | SH |  | OTR | 1 | 2917 | 0 | 0 |
| Coca-Cola Company (The) | COM | 191216100 |  | 527179 | 6932 | SH |  | OTR | 1 | 6932 | 0 | 0 |
| Colgate-Palmolive Company | COM | 194162103 |  | 522460 | 6130 | SH |  | OTR | 1 | 6130 | 0 | 0 |
| Cia Energetica de Minas Gerais | ADR | 204409601 |  | 707942 | 296210 | SH |  | OTR | 1 | 296210 | 0 | 0 |
| Danaher Corporation | COM | 235851102 |  | 720480 | 3800 | SH |  | OTR | 1 | 3800 | 0 | 0 |
| Darling Ingredients Inc. | COM | 237266101 |  | 3863522 | 62466 | SH |  | OTR | 1 | 62466 | 0 | 0 |
| Telefonaktiebolaget LM Ericsson | ADR | 294821608 |  | 492600 | 43709 | SH |  | OTR | 1 | 43709 | 0 | 0 |
| Federated Hermes Inc. | COM | 314211103 |  | 500352 | 8823 | SH |  | OTR | 1 | 8823 | 0 | 0 |
| Fidelity MSCI Energy Index ETF USD Class | ETF | 316092402 |  | 58957 | 1733 | SH |  | OTR | 1 | 1733 | 0 | 0 |
| Fidelity High Dividend ETF | ETF | 316092840 |  | 344808 | 6242 | SH |  | OTR | 1 | 6242 | 0 | 0 |
| First Horizon Corporation | COM | 320517105 |  | 3956211 | 173823 | SH |  | OTR | 1 | 173823 | 0 | 0 |
| Fresenius Medical Care A.G.  Company KGaA | ADR | 358029106 |  | 230699 | 10226 | SH |  | OTR | 1 | 10226 | 0 | 0 |
| Genmab A/S | ADR | 372303206 |  | 1360818 | 50720 | SH |  | OTR | 1 | 50720 | 0 | 0 |
| Gibraltar Industries Inc. | COM | 374689107 |  | 1519446 | 38110 | SH |  | OTR | 1 | 38110 | 0 | 0 |
| Goldman Sachs Equal Weight US Large Cap Equity ETF | ETF | 381430438 |  | 8466000 | 100000 | SH |  | OTR | 1 | 100000 | 0 | 0 |
| Grifols S.A. | ADR | 398438408 |  | 396950 | 49495 | SH |  | OTR | 1 | 49495 | 0 | 0 |
| Grupo Aeroportuario del Centro Norte S.A.B. de C.V. | ADR | 400501102 |  | 643980 | 5613 | SH |  | OTR | 1 | 5613 | 0 | 0 |
| Grupo Aeroportuario del Pacifico S.A.B. de C.V. | ADR | 400506101 |  | 594957 | 2410 | SH |  | OTR | 1 | 2410 | 0 | 0 |
| HSBC Holdings plc | ADR | 404280406 |  | 320061 | 3880 | SH |  | OTR | 1 | 3880 | 0 | 0 |
| Home Depot Inc. (The) | COM | 437076102 |  | 2565342 | 7800 | SH |  | OTR | 1 | 7800 | 0 | 0 |
| Honeywell International Inc. | COM | 438516106 |  | 2034270 | 9000 | SH |  | OTR | 1 | 9000 | 0 | 0 |
| Illinois Tool Works Inc. | COM | 452308109 |  | 496894 | 1909 | SH |  | OTR | 1 | 1909 | 0 | 0 |
| Infosys Ltd. | ADR | 456788108 |  | 295977 | 21908 | SH |  | OTR | 1 | 21908 | 0 | 0 |
| ING Groep N.V. | ADR | 456837103 |  | 651068 | 24993 | SH |  | OTR | 1 | 24993 | 0 | 0 |
| iShares S 100 ETF USD Class | ETF | 464287101 |  | 508912 | 1600 | SH |  | OTR | 1 | 1600 | 0 | 0 |
| iShares MSCI Emerging Markets ETF USD Class | ETF | 464287234 |  | 1959141 | 34498 | SH |  | OTR | 1 | 34498 | 0 | 0 |
| iShares Global Energy ETF | ETF | 464287341 |  | 397279 | 6896 | SH |  | OTR | 1 | 6896 | 0 | 0 |
| iShares North American Natural Resources ETF USD Class | ETF | 464287374 |  | 20330 | 323 | SH |  | OTR | 1 | 323 | 0 | 0 |
| iShares 20 plus Year Treasury Bond ETF USD Class | ETF | 464287432 |  | 5812304 | 67047 | SH |  | OTR | 1 | 67047 | 0 | 0 |
| iShares 7 10 Year Treasury Bond ETF USD Class | ETF | 464287440 |  | 14495904 | 151885 | SH |  | OTR | 1 | 151885 | 0 | 0 |
| iShares 1 3 Year Treasury Bond ETF USD Class | ETF | 464287457 |  | 33905141 | 410623 | SH |  | OTR | 1 | 410623 | 0 | 0 |
| iShares Russell Mid-Cap Value ETF | ETF | 464287473 |  | 5580093 | 38288 | SH |  | OTR | 1 | 38288 | 0 | 0 |
| iShares Russell 1000 Value ETF USD Class | ETF | 464287598 |  | 2777283 | 12998 | SH |  | OTR | 1 | 12998 | 0 | 0 |
| iShares Russell 2000 Value ETF USD Class | ETF | 464287630 |  | 340504 | 1796 | SH |  | OTR | 1 | 1796 | 0 | 0 |
| iShares U.S. Energy ETF | ETF | 464287796 |  | 130123 | 2009 | SH |  | OTR | 1 | 2009 | 0 | 0 |
| iShares Global Clean Energy ETF | ETF | 464288224 |  | 33672 | 1841 | SH |  | OTR | 1 | 1841 | 0 | 0 |
| iShares Residential and Multisector Real Estate ETF USD Class | ETF | 464288562 |  | 24214 | 291 | SH |  | OTR | 1 | 291 | 0 | 0 |
| iShares MBS ETF USD Class | ETF | 464288588 |  | 5047067 | 53155 | SH |  | OTR | 1 | 53155 | 0 | 0 |
| iShares U.S. Oil Equipment  Services ETF | ETF | 464288844 |  | 39546 | 1366 | SH |  | OTR | 1 | 1366 | 0 | 0 |
| Itau Unibanco Holding S.A. | ADR | 465562106 |  | 311242 | 37141 | SH |  | OTR | 1 | 37141 | 0 | 0 |
| Johnson  Johnson | COM | 478160104 |  | 2322180 | 9500 | SH |  | OTR | 1 | 9500 | 0 | 0 |
| Kennametal Inc. | COM | 489170100 |  | 3248773 | 89919 | SH |  | OTR | 1 | 89919 | 0 | 0 |
| Korea Electric Power Corporation | ADR | 500631106 |  | 555950 | 39014 | SH |  | OTR | 1 | 39014 | 0 | 0 |
| Lamar Advertising Company | REIT | 512816109 |  | 487768 | 3851 | SH |  | OTR | 1 | 3851 | 0 | 0 |
| Masco Corporation | COM | 574599106 |  | 1660175 | 27500 | SH |  | OTR | 1 | 27500 | 0 | 0 |
| Microsoft Corporation | COM | 594918104 |  | 8047496 | 21740 | SH |  | OTR | 1 | 21740 | 0 | 0 |
| Strategy Inc. | COM | 594972408 |  | 187200 | 1500 | SH |  | OTR | 1 | 1500 | 0 | 0 |
| Morgan Stanley | COM | 617446448 |  | 1859641 | 11300 | SH |  | OTR | 1 | 11300 | 0 | 0 |
| Motorola Solutions Inc. | COM | 620076307 |  | 525538 | 1211 | SH |  | OTR | 1 | 1211 | 0 | 0 |
| Mueller Industries Inc. | COM | 624756102 |  | 506910 | 4575 | SH |  | OTR | 1 | 4575 | 0 | 0 |
| Nasdaq Inc. | COM | 631103108 |  | 3130998 | 36883 | SH |  | OTR | 1 | 36883 | 0 | 0 |
| NatWest Group plc | ADR | 639057207 |  | 514095 | 34503 | SH |  | OTR | 1 | 34503 | 0 | 0 |
| Palo Alto Networks Inc. | COM | 697435105 |  | 513024 | 3200 | SH |  | OTR | 1 | 3200 | 0 | 0 |
| PepsiCo Inc. | COM | 713448108 |  | 1087030 | 7000 | SH |  | OTR | 1 | 7000 | 0 | 0 |
| PepsiCo Inc. | COM | 713448108 |  | 535129 | 3446 | SH |  | OTR | 1 | 3446 | 0 | 0 |
| Telkom Indonesia Persero Tbk P.T. | ADR | 715684106 |  | 896229 | 47978 | SH |  | OTR | 1 | 47978 | 0 | 0 |
| PDD Holdings Inc. | ADR | 722304102 |  | 1045301 | 10230 | SH |  | OTR | 1 | 10230 | 0 | 0 |
| Procter  Gamble Company (The) | COM | 742718109 |  | 2274352 | 15746 | SH |  | OTR | 1 | 15746 | 0 | 0 |
| Ross Stores Inc. | COM | 778296103 |  | 505398 | 2333 | SH |  | OTR | 1 | 2333 | 0 | 0 |
| SEI Investments Company | COM | 784117103 |  | 515626 | 6571 | SH |  | OTR | 1 | 6571 | 0 | 0 |
| Schwab US Dividend Equity ETF USD Class | ETF | 808524797 |  | 24069380 | 784530 | SH |  | OTR | 1 | 784530 | 0 | 0 |
| Service Corp International | COM | 817565104 |  | 542833 | 6579 | SH |  | OTR | 1 | 6579 | 0 | 0 |
| Simon Property Group Inc. | REIT | 828806109 |  | 538699 | 2888 | SH |  | OTR | 1 | 2888 | 0 | 0 |
| Stryker Corporation | COM | 863667101 |  | 1412937 | 4300 | SH |  | OTR | 1 | 4300 | 0 | 0 |
| Sylvamo Corporation | COM | 871332102 |  | 1334826 | 31601 | SH |  | OTR | 1 | 31601 | 0 | 0 |
| Sysco Corporation | COM | 871829107 |  | 532978 | 7472 | SH |  | OTR | 1 | 7472 | 0 | 0 |
| TJX Companies Inc. (The) | COM | 872540109 |  | 2190126 | 13714 | SH |  | OTR | 1 | 13714 | 0 | 0 |
| Taiwan Semiconductor Manufacturing Company Ltd. | ADR | 874039100 |  | 844537 | 2499 | SH |  | OTR | 1 | 2499 | 0 | 0 |
| Thermo Fisher Scientific Inc. | COM | 883556102 |  | 1523743 | 3100 | SH |  | OTR | 1 | 3100 | 0 | 0 |
| Toyota Motor Corporation | ADR | 892331307 |  | 1531661 | 7432 | SH |  | OTR | 1 | 7432 | 0 | 0 |
| Union Pacific Corporation | COM | 907818108 |  | 506105 | 2086 | SH |  | OTR | 1 | 2086 | 0 | 0 |
| Vanguard Dividend Appreciation ETF USD Class | ETF | 921908844 |  | 12039704 | 55983 | SH |  | OTR | 1 | 55983 | 0 | 0 |
| Vanguard International Dividend Appreciation ETF | ETF | 921946810 |  | 2449988 | 27696 | SH |  | OTR | 1 | 27696 | 0 | 0 |
| Vanguard Value ETF Class A | ETF | 922908744 |  | 10477080 | 53400 | SH |  | OTR | 1 | 53400 | 0 | 0 |
| Vornado Realty Trust | REIT | 929042109 |  | 2101629 | 80863 | SH |  | OTR | 1 | 80863 | 0 | 0 |
| Walmart Inc. | COM | 931142103 |  | 3504696 | 28200 | SH |  | OTR | 1 | 28200 | 0 | 0 |
| Western Digital Corporation | COM | 958102105 |  | 1502301 | 5554 | SH |  | OTR | 1 | 5554 | 0 | 0 |
| Williams Companies Inc. (The) | COM | 969457100 |  | 2503632 | 34400 | SH |  | OTR | 1 | 34400 | 0 | 0 |
| Globe Life Inc. | COM | 37959E102 |  | 521331 | 3746 | SH |  | OTR | 1 | 3746 | 0 | 0 |
| Invesco QQQ Trust Series 1 USD Class | ETF | 46090E103 |  | 1781177 | 3086 | SH |  | OTR | 1 | 3086 | 0 | 0 |
| Enact Holdings Inc. | COM | 29249E109 |  | 2599434 | 63696 | SH |  | OTR | 1 | 63696 | 0 | 0 |
| Alerian MLP ETF USD Class | ETF | 00162Q452 |  | 7352755 | 139680 | SH |  | OTR | 1 | 139680 | 0 | 0 |
| Adobe Inc. | COM | 00724F101 |  | 1069552 | 4400 | SH |  | OTR | 1 | 4400 | 0 | 0 |
| Alibaba Group Holding Ltd. | ADR | 01609W102 |  | 221186 | 1763 | SH |  | OTR | 1 | 1763 | 0 | 0 |
| Allegiant Travel Company | COM | 01748X102 |  | 873854 | 10783 | SH |  | OTR | 1 | 10783 | 0 | 0 |
| Alphabet Inc. | COM | 02079K305 |  | 7994168 | 27800 | SH |  | OTR | 1 | 27800 | 0 | 0 |
| Ambev S.A. | ADR | 02319V103 |  | 390889 | 133866 | SH |  | OTR | 1 | 133866 | 0 | 0 |
| American Tower Corporation | REIT | 03027X100 |  | 4355229 | 25236 | SH |  | OTR | 1 | 25236 | 0 | 0 |
| Atour Lifestyle Holdings Ltd. | ADR | 04965M106 |  | 457696 | 12434 | SH |  | OTR | 1 | 12434 | 0 | 0 |
| AutoNation Inc. | COM | 05329W102 |  | 2307192 | 11816 | SH |  | OTR | 1 | 11816 | 0 | 0 |
| Banco Bilbao Vizcaya Argentaria S.A. | ADR | 05946K101 |  | 777659 | 35903 | SH |  | OTR | 1 | 35903 | 0 | 0 |
| Banco Santander S.A. | ADR | 05964H105 |  | 227472 | 20166 | SH |  | OTR | 1 | 20166 | 0 | 0 |
| Banco Santander Chile | ADR | 05965X109 |  | 1180122 | 35333 | SH |  | OTR | 1 | 35333 | 0 | 0 |
| Blackrock Inc. | COM | 09290D101 |  | 2115762 | 2200 | SH |  | OTR | 1 | 2200 | 0 | 0 |
| BNY Mellon US Large Cap Core Equity ETF USD Class | ETF | 09661T107 |  | 11188343 | 89643 | SH |  | OTR | 1 | 89643 | 0 | 0 |
| BondBloxx Bloomberg Six Month Target Duration US Treasury ETF | ETF | 09789C788 |  | 14037037 | 278900 | SH |  | OTR | 1 | 278900 | 0 | 0 |
| BrightSpring Health Services Inc. | COM | 10950A106 |  | 3419623 | 80254 | SH |  | OTR | 1 | 80254 | 0 | 0 |
| Broadcom Inc. | COM | 11135F101 |  | 6178439 | 19962 | SH |  | OTR | 1 | 19962 | 0 | 0 |
| Capital One Financial Corporation | COM | 14040H105 |  | 1240524 | 6800 | SH |  | OTR | 1 | 6800 | 0 | 0 |
| Catalyst Pharmaceuticals Inc. | COM | 14888U101 |  | 9438091 | 381183 | SH |  | OTR | 1 | 381183 | 0 | 0 |
| Concentrix Corporation | COM | 20602D101 |  | 725149 | 26504 | SH |  | OTR | 1 | 26504 | 0 | 0 |
| Costco Wholesale Corporation | COM | 22160K105 |  | 7448314 | 7475 | SH |  | OTR | 1 | 7475 | 0 | 0 |
| DXC Technology Company | COM | 23355L106 |  | 1390192 | 110596 | SH |  | OTR | 1 | 110596 | 0 | 0 |
| Eni SpA | ADR | 26874R108 |  | 1116802 | 19728 | SH |  | OTR | 1 | 19728 | 0 | 0 |
| Aptus Collared Investment Opportunity ETF | ETF | 26922A222 |  | 64283 | 1532 | SH |  | OTR | 1 | 1532 | 0 | 0 |
| Ellington Financial Inc. | REIT | 28852N109 |  | 530110 | 44735 | SH |  | OTR | 1 | 44735 | 0 | 0 |
| Exxon Mobil Corporation | COM | 30231G102 |  | 1391212 | 8200 | SH |  | OTR | 1 | 8200 | 0 | 0 |
| Meta Platforms Inc. | COM | 30303M102 |  | 3604419 | 6300 | SH |  | OTR | 1 | 6300 | 0 | 0 |
| First Trust Global Wind Energy ETF | ETF | 33736G106 |  | 198291 | 8015 | SH |  | OTR | 1 | 8015 | 0 | 0 |
| First Trust Global Tactical Commodity Strategy Fund | ETF | 33739H101 |  | 73239 | 2551 | SH |  | OTR | 1 | 2551 | 0 | 0 |
| First Trust Alternative Absolute Return Strategy  ETF | ETF | 33740Y101 |  | 255196 | 7562 | SH |  | OTR | 1 | 7562 | 0 | 0 |
| FlexShares Morningstar Global Upstream Natural Resources Index Fund | ETF | 33939L407 |  | 184234 | 3340 | SH |  | OTR | 1 | 3340 | 0 | 0 |
| Fox Factory Holding Corporation | COM | 35138V102 |  | 861829 | 52359 | SH |  | OTR | 1 | 52359 | 0 | 0 |
| Futu Holdings Ltd. | ADR | 36118L106 |  | 639627 | 4677 | SH |  | OTR | 1 | 4677 | 0 | 0 |
| GE Vernova Inc. | COM | 36828A101 |  | 4402035 | 5043 | SH |  | OTR | 1 | 5043 | 0 | 0 |
| Global X Adaptive US Factor ETF | ETF | 37954Y574 |  | 101148 | 2092 | SH |  | OTR | 1 | 2092 | 0 | 0 |
| Global X Silver Miners ETF | ETF | 37954Y848 |  | 29276 | 325 | SH |  | OTR | 1 | 325 | 0 | 0 |
| Global X Lithium  Battery Tech ETF | ETF | 37954Y855 |  | 16877 | 227 | SH |  | OTR | 1 | 227 | 0 | 0 |
| Goldman Sachs Group Inc. (The) | COM | 38141G104 |  | 2199574 | 2600 | SH |  | OTR | 1 | 2600 | 0 | 0 |
| HA Sustainable Infrastructure Capital Inc. Capital Inc. | COM | 41068X100 |  | 2439318 | 66376 | SH |  | OTR | 1 | 66376 | 0 | 0 |
| H World Group Ltd. | ADR | 44332N106 |  | 428119 | 8513 | SH |  | OTR | 1 | 8513 | 0 | 0 |
| IndexIQ ETF Trust - IQ Hedge Multi-Strategy Tracker ETF USD Class | ETF | 45409B107 |  | 12113 | 355 | SH |  | OTR | 1 | 355 | 0 | 0 |
| Intercontinental Exchange Inc. | COM | 45866F104 |  | 4990023 | 52104 | SH |  | OTR | 1 | 52104 | 0 | 0 |
| Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF | ETF | 46090F100 |  | 23399 | 1351 | SH |  | OTR | 1 | 1351 | 0 | 0 |
| Invesco WilderHill Clean Energy ETF | ETF | 46137V134 |  | 21380 | 677 | SH |  | OTR | 1 | 677 | 0 | 0 |
| Invesco S 500 Equal Weight ETF USD Class | ETF | 46137V357 |  | 3381055 | 17617 | SH |  | OTR | 1 | 17617 | 0 | 0 |
| Invesco DWA Energy Momentum ETF | ETF | 46137V878 |  | 24595 | 413 | SH |  | OTR | 1 | 413 | 0 | 0 |
| Invesco S 500 Low Volatility ETF USD Class | ETF | 46138E354 |  | 2429857 | 33222 | SH |  | OTR | 1 | 33222 | 0 | 0 |
| Invesco Emerging Markets Sovereign Debt ETF | ETF | 46138E784 |  | 10681259 | 511065 | SH |  | OTR | 1 | 511065 | 0 | 0 |
| Invesco Nasdaq 100 ETF USD Class | ETF | 46138G649 |  | 26290277 | 110640 | SH |  | OTR | 1 | 110640 | 0 | 0 |
| Invesco Solar ETF | ETF | 46138G706 |  | 60334 | 1083 | SH |  | OTR | 1 | 1083 | 0 | 0 |
| Invesco Variable Rate Preferred ETF USD Class | ETF | 46138G870 |  | 255771 | 10666 | SH |  | OTR | 1 | 10666 | 0 | 0 |
| iShares Floating Rate Bond ETF USD Class | ETF | 46429B655 |  | 2504142 | 49149 | SH |  | OTR | 1 | 49149 | 0 | 0 |
| iShares Short Duration Bond Active ETF | ETF | 46431W507 |  | 201357 | 3961 | SH |  | OTR | 1 | 3961 | 0 | 0 |
| iShares Bloomberg Roll Select Commodity Strategy  ETF | ETF | 46431W598 |  | 162514 | 2735 | SH |  | OTR | 1 | 2735 | 0 | 0 |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | ETF | 46431W853 |  | 3313 | 98 | SH |  | OTR | 1 | 98 | 0 | 0 |
| iShares Convertible Bond ETF | ETF | 46435G102 |  | 444721 | 4369 | SH |  | OTR | 1 | 4369 | 0 | 0 |
| iShares MSCI USA Small-Cap Min Vol Factor ETF | ETF | 46435G433 |  | 156847 | 3596 | SH |  | OTR | 1 | 3596 | 0 | 0 |
| iShares 0-3 Month Treasury Bond ETF USD Class | ETF | 46436E718 |  | 19460598 | 193330 | SH |  | OTR | 1 | 193330 | 0 | 0 |
| iShares Gold Trust Micro | ETF | 46436F103 |  | 38714 | 829 | SH |  | OTR | 1 | 829 | 0 | 0 |
| JPMorgan Chase  Company | COM | 46625H100 |  | 3677000 | 12500 | SH |  | OTR | 1 | 12500 | 0 | 0 |
| Jefferies Financial Group Inc. | COM | 47233W109 |  | 41270 | 1000 | SH |  | OTR | 1 | 1000 | 0 | 0 |
| KB Financial Group Inc. | ADR | 48241A105 |  | 800632 | 8028 | SH |  | OTR | 1 | 8028 | 0 | 0 |
| Kodiak Gas Services Inc. | COM | 50012A108 |  | 3549355 | 60860 | SH |  | OTR | 1 | 60860 | 0 | 0 |
| Latam Airlines Group S.A. | ADR | 51817R205 |  | 1080956 | 21864 | SH |  | OTR | 1 | 21864 | 0 | 0 |
| Franklin International Low Volatility High Dividend Index ETF | ETF | 52468L505 |  | 162524 | 4009 | SH |  | OTR | 1 | 4009 | 0 | 0 |
| iMGP DBi Managed Futures Strategy ETF | ETF | 53700T827 |  | 552619 | 18329 | SH |  | OTR | 1 | 18329 | 0 | 0 |
| Lumentum Holdings Inc. | COM | 55024U109 |  | 1044301 | 1486 | SH |  | OTR | 1 | 1486 | 0 | 0 |
| Mastercard Inc. | COM | 57636Q104 |  | 510653 | 1022 | SH |  | OTR | 1 | 1022 | 0 | 0 |
| Mizuho Financial Group Inc. | ADR | 60687Y109 |  | 217270 | 27364 | SH |  | OTR | 1 | 27364 | 0 | 0 |
| Netflix Inc. | COM | 64110L106 |  | 1634550 | 17000 | SH |  | OTR | 1 | 17000 | 0 | 0 |
| Novartis A.G. | ADR | 66987V109 |  | 404024 | 2645 | SH |  | OTR | 1 | 2645 | 0 | 0 |
| NVIDIA Corporation | COM | 67066G104 |  | 11510400 | 66000 | SH |  | OTR | 1 | 66000 | 0 | 0 |
| Oracle Corporation | COM | 68389X105 |  | 1618210 | 11000 | SH |  | OTR | 1 | 11000 | 0 | 0 |
| Petroleo Brasileiro S.A. - Petrobras | ADR | 71654V408 |  | 471336 | 22715 | SH |  | OTR | 1 | 22715 | 0 | 0 |
| Phibro Animal Health Corporation | COM | 71742Q106 |  | 2931319 | 52998 | SH |  | OTR | 1 | 52998 | 0 | 0 |
| PIMCO 0-5 Year High Yield Corporate Bond Index ETF | ETF | 72201R783 |  | 2517637 | 26993 | SH |  | OTR | 1 | 26993 | 0 | 0 |
| Privia Health Group Inc. | COM | 74276R102 |  | 1696161 | 82458 | SH |  | OTR | 1 | 82458 | 0 | 0 |
| ProShares Short 20 plus Year Treasury USD Class | ETF | 74347X849 |  | 2481758 | 102425 | SH |  | OTR | 1 | 102425 | 0 | 0 |
| Range Resources Corporation | COM | 75281A109 |  | 4471826 | 98978 | SH |  | OTR | 1 | 98978 | 0 | 0 |
| State Street SPDR S 500 ETF Trust USD Class | ETF | 78462F103 |  | 83690954 | 128688 | SH |  | OTR | 1 | 128688 | 0 | 0 |
| SPDR Gold Shares USD Class | ETF | 78463V107 |  | 2454804 | 5705 | SH |  | OTR | 1 | 5705 | 0 | 0 |
| State Street SPDR S Emerging Markets Dividend ETF | ETF | 78463X533 |  | 188399 | 4772 | SH |  | OTR | 1 | 4772 | 0 | 0 |
| SPDR S Global Natural Resources ETF | ETF | 78463X541 |  | 114394 | 1532 | SH |  | OTR | 1 | 1532 | 0 | 0 |
| SPDR Bloomberg Convertible Securities ETF ETF | ETF | 78464A359 |  | 11461233 | 125232 | SH |  | OTR | 1 | 125232 | 0 | 0 |
| State Street SPDR Global Dow ETF | ETF | 78464A706 |  | 72906 | 430 | SH |  | OTR | 1 | 430 | 0 | 0 |
| State Street SPDR Portfolio S 500 ETF USD Class | ETF | 78464A854 |  | 7654383 | 100005 | SH |  | OTR | 1 | 100005 | 0 | 0 |
| SPDR S Oil  Gas Exploration  Production ETF USD Class | ETF | 78468R556 |  | 63459 | 349 | SH |  | OTR | 1 | 349 | 0 | 0 |
| State Street SPDR S Kensho Clean Power ETF | ETF | 78468R655 |  | 75056 | 831 | SH |  | OTR | 1 | 831 | 0 | 0 |
| SPDR Bloomberg 1-3 Month T-Bill ETF USD Class | ETF | 78468R663 |  | 11407347 | 124480 | SH |  | OTR | 1 | 124480 | 0 | 0 |
| State Street SPDR Nuveen ICE Municipal Bond ETF USD Class | ETF | 78468R721 |  | 5027934 | 110894 | SH |  | OTR | 1 | 110894 | 0 | 0 |
| Salesforce Inc. | COM | 79466L302 |  | 2221373 | 11900 | SH |  | OTR | 1 | 11900 | 0 | 0 |
| State Street Energy Select Sector SPDR ETF USD Class | ETF | 81369Y506 |  | 18943062 | 309224 | SH |  | OTR | 1 | 309224 | 0 | 0 |
| Simplify Managed Futures Strategy ETF | ETF | 82889N699 |  | 243513 | 8058 | SH |  | OTR | 1 | 8058 | 0 | 0 |
| Solstice Advanced Materials Inc. | COM | 83443Q103 |  | 171360 | 2250 | SH |  | OTR | 1 | 2250 | 0 | 0 |
| Suzano S.A. | ADR | 86959K105 |  | 587897 | 58731 | SH |  | OTR | 1 | 58731 | 0 | 0 |
| TD SYNNEX Corporation | COM | 87162W100 |  | 3466990 | 20550 | SH |  | OTR | 1 | 20550 | 0 | 0 |
| Tesla Inc. | COM | 88160R101 |  | 1561350 | 4200 | SH |  | OTR | 1 | 4200 | 0 | 0 |
| Convergence Long/short Equity ETF | ETF | 89834G760 |  | 44489 | 1581 | SH |  | OTR | 1 | 1581 | 0 | 0 |
| VanEck Natural Resources ETF | ETF | 92189F841 |  | 163058 | 2250 | SH |  | OTR | 1 | 2250 | 0 | 0 |
| VanEck Intermediate Muni ETF USD Class | ETF | 92189H201 |  | 5026233 | 108254 | SH |  | OTR | 1 | 108254 | 0 | 0 |
| VanEck Oil Services ETF USD Class | ETF | 92189H607 |  | 30720 | 76 | SH |  | OTR | 1 | 76 | 0 | 0 |
| VanEck Rare Earth/Strategic Metals ETF | ETF | 92189H805 |  | 141680 | 1610 | SH |  | OTR | 1 | 1610 | 0 | 0 |
| Vanguard Russell 1000 Growth ETF | ETF | 92206C680 |  | 16891163 | 153990 | SH |  | OTR | 1 | 153990 | 0 | 0 |
| Veralto Corporation | COM | 92338C103 |  | 504524 | 5706 | SH |  | OTR | 1 | 5706 | 0 | 0 |
| Visa Inc. | COM | 92826C839 |  | 1722768 | 5700 | SH |  | OTR | 1 | 5700 | 0 | 0 |
| Waste Management Inc. | COM | 94106L109 |  | 5275984 | 2296 | SH |  | OTR | 1 | 2296 | 0 | 0 |
| WisdomTree US LargeCap Dividend Fund USD Class | ETF | 97717W307 |  | 10929436 | 122349 | SH |  | OTR | 1 | 122349 | 0 | 0 |
| WisdomTree US LargeCap Fund | ETF | 97717W588 |  | 42432 | 623 | SH |  | OTR | 1 | 623 | 0 | 0 |
| Allegion plc | COM | G0176J109 |  | 512728 | 3529 | SH |  | OTR | 1 | 3529 | 0 | 0 |
| Arch Capital Group Ltd. | COM | G0450A105 |  | 524585 | 5465 | SH |  | OTR | 1 | 5465 | 0 | 0 |
| Axalta Coating Systems Ltd. | COM | G0750C108 |  | 3278627 | 118362 | SH |  | OTR | 1 | 118362 | 0 | 0 |
| Janus Henderson Group plc | COM | G4474Y214 |  | 2805573 | 54615 | SH |  | OTR | 1 | 54615 | 0 | 0 |
| Linde plc | COM | G54950103 |  | 6279792 | 12667 | SH |  | OTR | 1 | 12667 | 0 | 0 |
| Seagate Technology Holdings plc | COM | G7997R103 |  | 1571741 | 4012 | SH |  | OTR | 1 | 4012 | 0 | 0 |
| Smurfit WestRock plc | COM | G8267P108 |  | 2611570 | 65535 | SH |  | OTR | 1 | 65535 | 0 | 0 |

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