# EDGAR Filing Document

**Accession Number:** 0001800465
**File Stem:** 0001725547-25-004125
**Filing Date:** 2025-10
**Character Count:** 42534
**Document Hash:** ab0e8459ed34040ff5e26a532dbe4c9a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001725547-25-004125.hdr.sgml**: 20251020

**ACCESSION NUMBER**: 0001725547-25-004125

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251020

**DATE AS OF CHANGE**: 20251020

**EFFECTIVENESS DATE**: 20251020

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** XML Financial, LLC
- **CENTRAL INDEX KEY:** 0001800465

**ORGANIZATION NAME:**
- **EIN:** 813654175
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-19740
- **FILM NUMBER:** 251404603

**BUSINESS ADDRESS:**
- **STREET 1:** 6901 ROCKLEDGE DRIVE
- **STREET 2:** SUITE 730
- **CITY:** BETHESDA
- **STATE:** MD
- **ZIP:** 20817
- **BUSINESS PHONE:** 866.451.1874

**MAIL ADDRESS:**
- **STREET 1:** 6901 ROCKLEDGE DRIVE
- **STREET 2:** SUITE 730
- **CITY:** BETHESDA
- **STATE:** MD
- **ZIP:** 20817

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 09-30-2025

**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:** XML Financial LLC<br>**Address:** 6901 ROCKLEDGE DRIVE<br>SUITE 730<br>BETHESDA, MD 20817

**Form 13F File Number:** 028-19740

**CRD Number (if applicable):** 000284987

**SEC File Number (if applicable):** 801-108376

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:** JENNIFER SZARO<br>**Title:** CHIEF COMPLIANCE OFFICER<br>**Phone:** (301) 770-5234

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

/s/ Jennifer Szaro  Fairfax, VA  10-20-2025<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:** 393

**Form 13F Information Table Value Total:** $1228457393

      (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 |
| AFLAC INC | COM | 001055102 |  | 206645 | 1850 | SH |  | SOLE |  | 0 | 0 | 1850 |
| AGCO CORP | COM | 001084102 |  | 1404922 | 13121 | SH |  | SOLE |  | 0 | 0 | 13121 |
| ALPS ETF TR | ALERIAN ENERGY | 00162Q676 |  | 2018041 | 62266 | SH |  | SOLE |  | 0 | 0 | 62266 |
| AT INC | COM | 00206R102 |  | 6262915 | 221775 | SH |  | SOLE |  | 0 | 0 | 221775 |
| ARK ETF TR | INNOVATION ETF | 00214Q104 |  | 579829 | 6719 | SH |  | SOLE |  | 0 | 0 | 6719 |
| MICROSOFT CORP | COM | 594918104 |  | 31327700 | 60484 | SH |  | SOLE |  | 0 | 0 | 60484 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 1006585 | 16113 | SH |  | SOLE |  | 0 | 0 | 16113 |
| MONOLITHIC PWR SYS INC | COM | 609839105 |  | 1114895 | 1211 | SH |  | SOLE |  | 0 | 0 | 1211 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 236850 | 1490 | SH |  | SOLE |  | 0 | 0 | 1490 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 |  | 327065 | 715 | SH |  | SOLE |  | 0 | 0 | 715 |
| NATIONAL STORAGE AFFILIATES | COM SHS BEN IN | 637870106 |  | 1142316 | 37800 | SH |  | SOLE |  | 0 | 0 | 37800 |
| NETFLIX INC | COM | 64110L106 |  | 648616 | 541 | SH |  | SOLE |  | 0 | 0 | 541 |
| RITHM CAPITAL CORP | COM NEW | 64828T201 |  | 119595 | 10500 | SH |  | SOLE |  | 0 | 0 | 10500 |
| NEWMONT CORP | COM | 651639106 |  | 2435716 | 28890 | SH |  | SOLE |  | 0 | 0 | 28890 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 1238862 | 16411 | SH |  | SOLE |  | 0 | 0 | 16411 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 903901 | 3009 | SH |  | SOLE |  | 0 | 0 | 3009 |
| ABBOTT LABS | COM | 002824100 |  | 2542020 | 18979 | SH |  | SOLE |  | 0 | 0 | 18979 |
| ABBVIE INC | COM | 00287Y109 |  | 2545139 | 10992 | SH |  | SOLE |  | 0 | 0 | 10992 |
| ABCELLERA BIOLOGICS INC | COM | 00288U106 |  | 211386 | 42025 | SH |  | SOLE |  | 0 | 0 | 42025 |
| ABRDN PRECIOUS METALS BASKET | PHYSCL PRECS MET | 003263100 |  | 339173 | 2050 | SH |  | SOLE |  | 0 | 0 | 2050 |
| ETFS GOLD TR | PHYSCL GOLD SHS | 00326A104 |  | 732519 | 19900 | SH |  | SOLE |  | 0 | 0 | 19900 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 1584409 | 9793 | SH |  | SOLE |  | 0 | 0 | 9793 |
| ALLSTATE CORP | COM | 020002101 |  | 277972 | 1295 | SH |  | SOLE |  | 0 | 0 | 1295 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 5024589 | 20631 | SH |  | SOLE |  | 0 | 0 | 20631 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 7641448 | 31433 | SH |  | SOLE |  | 0 | 0 | 31433 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 814593 | 12331 | SH |  | SOLE |  | 0 | 0 | 12331 |
| AMAZON COM INC | COM | 023135106 |  | 12324251 | 56129 | SH |  | SOLE |  | 0 | 0 | 56129 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 |  | 265500 | 2360 | SH |  | SOLE |  | 0 | 0 | 2360 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 464339 | 1398 | SH |  | SOLE |  | 0 | 0 | 1398 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 652542 | 3393 | SH |  | SOLE |  | 0 | 0 | 3393 |
| AMERICAN WTR WKS CO INC NEW | COM | 030420103 |  | 248872 | 1788 | SH |  | SOLE |  | 0 | 0 | 1788 |
| CENCORA INC | COM | 03073E105 |  | 1607262 | 5143 | SH |  | SOLE |  | 0 | 0 | 5143 |
| AMGEN INC | COM | 031162100 |  | 6248769 | 22143 | SH |  | SOLE |  | 0 | 0 | 22143 |
| AMPHENOL CORP NEW | CL A | 032095101 |  | 749059 | 6053 | SH |  | SOLE |  | 0 | 0 | 6053 |
| APPLE INC | COM | 037833100 |  | 31044654 | 121920 | SH |  | SOLE |  | 0 | 0 | 121920 |
| APPLIED MATLS INC | COM | 038222105 |  | 3038702 | 14842 | SH |  | SOLE |  | 0 | 0 | 14842 |
| APPLOVIN CORP | COM CL A | 03831W108 |  | 283823 | 395 | SH |  | SOLE |  | 0 | 0 | 395 |
| ARCHER DANIELS MIDLAND CO | COM | 039483102 |  | 283765 | 4750 | SH |  | SOLE |  | 0 | 0 | 4750 |
| ARES CAPITAL CORP | COM | 04010L103 |  | 339816 | 16649 | SH |  | SOLE |  | 0 | 0 | 16649 |
| ARISTA NETWORKS INC | COM SHS | 040413205 |  | 2178947 | 14954 | SH |  | SOLE |  | 0 | 0 | 14954 |
| ASTRAZENECA PLC | SPONSORED ADR | 046353108 |  | 471675 | 6148 | SH |  | SOLE |  | 0 | 0 | 6148 |
| AUTOZONE INC | COM | 053332102 |  | 291736 | 68 | SH |  | SOLE |  | 0 | 0 | 68 |
| AXON ENTERPRISE INC | COM | 05464C101 |  | 346620 | 483 | SH |  | SOLE |  | 0 | 0 | 483 |
| BCE INC | COM NEW | 05534B760 |  | 235654 | 10075 | SH |  | SOLE |  | 0 | 0 | 10075 |
| BP PLC | SPONSORED ADR | 055622104 |  | 0 | 0 | SH |  | SOLE |  | 0 | 0 | 0 |
| BP PLC | SPONSORED ADR | 055622104 |  | 103380 | 3000 | SH | Call | SOLE |  | 0 | 0 | 3000 |
| BP PLC | SPONSORED ADR | 055622104 |  | 106033 | 3077 | SH |  | SOLE |  | 0 | 0 | 3077 |
| BANK AMERICA CORP | COM | 060505104 |  | 12130759 | 235138 | SH |  | SOLE |  | 0 | 0 | 235138 |
| BANK NEW YORK MELLON CORP | COM | 064058100 |  | 223948 | 2055 | SH |  | SOLE |  | 0 | 0 | 2055 |
| BARRICK MNG CORP | COM SHS | 06849F108 |  | 1635059 | 49895 | SH |  | SOLE |  | 0 | 0 | 49895 |
| NOVARTIS AG | SPONSORED ADR | 66987V109 |  | 796507 | 6211 | SH |  | SOLE |  | 0 | 0 | 6211 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 11776776 | 63119 | SH |  | SOLE |  | 0 | 0 | 63119 |
| NUVEEN QUALITY MUNCP INCOME | COM | 67066V101 |  | 1649719 | 141122 | SH |  | SOLE |  | 0 | 0 | 141122 |
| NUVEEN AMT FREE MUN CR INC F | COM | 67071L106 |  | 208930 | 17000 | SH |  | SOLE |  | 0 | 0 | 17000 |
| OCCIDENTAL PETE CORP | COM | 674599105 |  | 440606 | 9325 | SH |  | SOLE |  | 0 | 0 | 9325 |
| OMNICOM GROUP INC | COM | 681919106 |  | 419704 | 5148 | SH |  | SOLE |  | 0 | 0 | 5148 |
| OMEGA HEALTHCARE INVS INC | COM | 681936100 |  | 2816137 | 66702 | SH |  | SOLE |  | 0 | 0 | 66702 |
| OPENDOOR TECHNOLOGIES INC | COM | 683712103 |  | 1394750 | 175000 | SH |  | SOLE |  | 0 | 0 | 175000 |
| ORACLE CORP | COM | 68389X105 |  | 3891648 | 13837 | SH |  | SOLE |  | 0 | 0 | 13837 |
| ORLA MNG LTD NEW | COM | 68634K106 |  | 300240 | 27800 | SH |  | SOLE |  | 0 | 0 | 27800 |
| PGIM ETF TR | SHRT DUR HGH YLD | 69344A784 |  | 317648 | 6254 | SH |  | SOLE |  | 0 | 0 | 6254 |
| PNC FINL SVCS GROUP INC | COM | 693475105 |  | 262615 | 1307 | SH |  | SOLE |  | 0 | 0 | 1307 |
| PPL CORP | COM | 69351T106 |  | 264419 | 7116 | SH |  | SOLE |  | 0 | 0 | 7116 |
| PACCAR INC | COM | 693718108 |  | 252682 | 2570 | SH |  | SOLE |  | 0 | 0 | 2570 |
| PACER FDS TR | TRENDP US LAR CP | 69374H105 |  | 210611 | 3846 | SH |  | SOLE |  | 0 | 0 | 3846 |
| PACER FDS TR | TRENDPILOT 100 | 69374H303 |  | 830429 | 10711 | SH |  | SOLE |  | 0 | 0 | 10711 |
| PACER FDS TR | US LRG CP CASH | 69374H360 |  | 1461436 | 40260 | SH |  | SOLE |  | 0 | 0 | 40260 |
| PACER FDS TR | US CASH COWS 100 | 69374H881 |  | 11239391 | 195570 | SH |  | SOLE |  | 0 | 0 | 195570 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 1275540 | 6992 | SH |  | SOLE |  | 0 | 0 | 6992 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 651177 | 3198 | SH |  | SOLE |  | 0 | 0 | 3198 |
| PAVMED INC | COM NEW | 70387R403 |  | 4339 | 10067 | SH |  | SOLE |  | 0 | 0 | 10067 |
| PEPSICO INC | COM | 713448108 |  | 1851966 | 13187 | SH |  | SOLE |  | 0 | 0 | 13187 |
| PFIZER INC | COM | 717081103 |  | 3596059 | 141133 | SH |  | SOLE |  | 0 | 0 | 141133 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 461704 | 2847 | SH |  | SOLE |  | 0 | 0 | 2847 |
| PHILLIPS 66 | COM | 718546104 |  | 2372269 | 17441 | SH |  | SOLE |  | 0 | 0 | 17441 |
| PIMCO CORPORATE  INCOME OPP | COM | 72201B101 |  | 22285843 | 1543341 | SH |  | SOLE |  | 0 | 0 | 1543341 |
| PIMCO ETF TR | INV GRD CRP BD | 72201R817 |  | 17957142 | 182084 | SH |  | SOLE |  | 0 | 0 | 182084 |
| PIMCO ETF TR | INTER MUN BD ACT | 72201R866 |  | 1360613 | 26025 | SH |  | SOLE |  | 0 | 0 | 26025 |
| PRINCIPAL EXCHANGE TRADED FD | SPECTRUM PFD | 74255Y888 |  | 362641 | 18947 | SH |  | SOLE |  | 0 | 0 | 18947 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 1919089 | 12490 | SH |  | SOLE |  | 0 | 0 | 12490 |
| PROSPECT CAP CORP | COM | 74348T102 |  | 1782616 | 648224 | SH |  | SOLE |  | 0 | 0 | 648224 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 2224601 | 21444 | SH |  | SOLE |  | 0 | 0 | 21444 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 |  | 2262600 | 3 | SH |  | SOLE |  | 0 | 0 | 3 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 18909304 | 37612 | SH |  | SOLE |  | 0 | 0 | 37612 |
| BHP GROUP LTD | SPONSORED ADS | 088606108 |  | 495618 | 8890 | SH |  | SOLE |  | 0 | 0 | 8890 |
| BLACKROCK ENHANCED EQUITY DI | COM | 09251A104 |  | 228925 | 25129 | SH |  | SOLE |  | 0 | 0 | 25129 |
| CSX CORP | COM | 126408103 |  | 793684 | 22351 | SH |  | SOLE |  | 0 | 0 | 22351 |
| BLACKSTONE INC | COM | 09260D107 |  | 2892260 | 16929 | SH |  | SOLE |  | 0 | 0 | 16929 |
| BLACKROCK INC | COM | 09290D101 |  | 475675 | 408 | SH |  | SOLE |  | 0 | 0 | 408 |
| BOEING CO | COM | 097023105 |  | 1912709 | 8862 | SH |  | SOLE |  | 0 | 0 | 8862 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 826088 | 153 | SH |  | SOLE |  | 0 | 0 | 153 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 2663682 | 59062 | SH |  | SOLE |  | 0 | 0 | 59062 |
| BROADCOM INC | COM | 11135F101 |  | 3626146 | 10991 | SH |  | SOLE |  | 0 | 0 | 10991 |
| BROOKFIELD RENEWABLE CORP | CL A  EX SUB VTG | 11285B108 |  | 1426696 | 41450 | SH |  | SOLE |  | 0 | 0 | 41450 |
| CVS HEALTH CORP | COM | 126650100 |  | 4040928 | 53600 | SH |  | SOLE |  | 0 | 0 | 53600 |
| CALAMOS GBL DYN INCOME FUND | COM | 12811L107 |  | 129688 | 17200 | SH |  | SOLE |  | 0 | 0 | 17200 |
| CALAMOS STRATEGIC TOTAL RETU | COM SH BEN INT | 128125101 |  | 401772 | 20828 | SH |  | SOLE |  | 0 | 0 | 20828 |
| CANADIAN PACIFIC KANSAS CITY | COM | 13646K108 |  | 322244 | 4326 | SH |  | SOLE |  | 0 | 0 | 4326 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 531830 | 2502 | SH |  | SOLE |  | 0 | 0 | 2502 |
| CARLISLE COS INC | COM | 142339100 |  | 536205 | 1630 | SH |  | SOLE |  | 0 | 0 | 1630 |
| CARPENTER TECHNOLOGY CORP | COM | 144285103 |  | 2310531 | 9410 | SH |  | SOLE |  | 0 | 0 | 9410 |
| CATALYST PHARMACEUTICALS INC | COM | 14888U101 |  | 197000 | 10000 | SH |  | SOLE |  | 0 | 0 | 10000 |
| CATERPILLAR INC | COM | 149123101 |  | 2410021 | 5051 | SH |  | SOLE |  | 0 | 0 | 5051 |
| CELESTICA INC | COM | 15101Q207 |  | 597472 | 2425 | SH |  | SOLE |  | 0 | 0 | 2425 |
| CHEVRON CORP NEW | COM | 166764100 |  | 7000654 | 45081 | SH |  | SOLE |  | 0 | 0 | 45081 |
| CINCINNATI FINL CORP | COM | 172062101 |  | 586133 | 3707 | SH |  | SOLE |  | 0 | 0 | 3707 |
| CISCO SYS INC | COM | 17275R102 |  | 10400191 | 152006 | SH |  | SOLE |  | 0 | 0 | 152006 |
| CLEAN HARBORS INC | COM | 184496107 |  | 294223 | 1267 | SH |  | SOLE |  | 0 | 0 | 1267 |
| CLEARBRIDGE ENERGY MIDSTRM O | COM | 18469P209 |  | 337125 | 7505 | SH |  | SOLE |  | 0 | 0 | 7505 |
| COCA COLA CO | COM | 191216100 |  | 1708610 | 25763 | SH |  | SOLE |  | 0 | 0 | 25763 |
| COHEN  STEERS QUALITY INCOM | COM | 19247L106 |  | 150887 | 12100 | SH |  | SOLE |  | 0 | 0 | 12100 |
| COHEN  STEERS REIT  PFD | COM | 19247X100 |  | 7782937 | 346216 | SH |  | SOLE |  | 0 | 0 | 346216 |
| PUBLIC STORAGE OPER CO | COM | 74460D109 |  | 2812233 | 9736 | SH |  | SOLE |  | 0 | 0 | 9736 |
| PUTNAM MANAGED MUN INCOME TR | COM | 746823103 |  | 671437 | 111165 | SH |  | SOLE |  | 0 | 0 | 111165 |
| QUALCOMM INC | COM | 747525103 |  | 12280189 | 73817 | SH |  | SOLE |  | 0 | 0 | 73817 |
| QUANTA SVCS INC | COM | 74762E102 |  | 227931 | 550 | SH |  | SOLE |  | 0 | 0 | 550 |
| RPM INTL INC | COM | 749685103 |  | 294700 | 2500 | SH |  | SOLE |  | 0 | 0 | 2500 |
| RTX CORPORATION | COM | 75513E101 |  | 9484320 | 56680 | SH |  | SOLE |  | 0 | 0 | 56680 |
| RBC BEARINGS INC | COM | 75524B104 |  | 226368 | 580 | SH |  | SOLE |  | 0 | 0 | 580 |
| REALTY INCOME CORP | COM | 756109104 |  | 458904 | 7549 | SH |  | SOLE |  | 0 | 0 | 7549 |
| REAVES UTIL INCOME FD | COM SH BEN INT | 756158101 |  | 1880761 | 47470 | SH |  | SOLE |  | 0 | 0 | 47470 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 |  | 632578 | 1125 | SH |  | SOLE |  | 0 | 0 | 1125 |
| REGIONS FINANCIAL CORP NEW | COM | 7591EP100 |  | 869551 | 32975 | SH |  | SOLE |  | 0 | 0 | 32975 |
| REPUBLIC SVCS INC | COM | 760759100 |  | 504856 | 2200 | SH |  | SOLE |  | 0 | 0 | 2200 |
| RIO TINTO PLC | SPONSORED ADR | 767204100 |  | 423454 | 6415 | SH |  | SOLE |  | 0 | 0 | 6415 |
| RIOT PLATFORMS INC | COM | 767292105 |  | 717712 | 37715 | SH |  | SOLE |  | 0 | 0 | 37715 |
| RIVERNORTH MANAGED DUR MUN I | COM | 76882H105 |  | 482160 | 34099 | SH |  | SOLE |  | 0 | 0 | 34099 |
| RIVERNORTH OPPORTUNISTIC MUN | COM | 76883F108 |  | 153510 | 10500 | SH |  | SOLE |  | 0 | 0 | 10500 |
| RIVERNORTH FLEXIBLE MUNI INC | COM | 76883Y107 |  | 169650 | 13000 | SH |  | SOLE |  | 0 | 0 | 13000 |
| ROBINHOOD MKTS INC | COM CL A | 770700102 |  | 285358 | 1993 | SH |  | SOLE |  | 0 | 0 | 1993 |
| ROCKWELL AUTOMATION INC | COM | 773903109 |  | 556801 | 1593 | SH |  | SOLE |  | 0 | 0 | 1593 |
| ROPER TECHNOLOGIES INC | COM | 776696106 |  | 376511 | 755 | SH |  | SOLE |  | 0 | 0 | 755 |
| S GLOBAL INC | COM | 78409V104 |  | 448260 | 921 | SH |  | SOLE |  | 0 | 0 | 921 |
| SEZZLE INC | COM | 78435P105 |  | 247736 | 3115 | SH |  | SOLE |  | 0 | 0 | 3115 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 5094703 | 7648 | SH |  | SOLE |  | 0 | 0 | 7648 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 14729379 | 41436 | SH |  | SOLE |  | 27 | 0 | 41409 |
| SPDR INDEX SHS FDS | S NORTH AMER | 78463X152 |  | 8473728 | 131167 | SH |  | SOLE |  | 0 | 0 | 131167 |
| SPDR INDEX SHS FDS | DJ GLB RL ES ETF | 78463X749 |  | 695266 | 15190 | SH |  | SOLE |  | 0 | 0 | 15190 |
| SPDR INDEX SHS FDS | PORTFOLIO DEVLPD | 78463X889 |  | 7052674 | 164821 | SH |  | SOLE |  | 202 | 0 | 164619 |
| SPDR SERIES TRUST | ICE PFD SEC ETF | 78464A292 |  | 963159 | 29125 | SH |  | SOLE |  | 0 | 0 | 29125 |
| SPDR SERIES TRUST | BBG CONV SEC ETF | 78464A359 |  | 17063853 | 188551 | SH |  | SOLE |  | 0 | 0 | 188551 |
| SPDR SERIES TRUST | PORTFLI INTRMDIT | 78464A672 |  | 7409379 | 256380 | SH |  | SOLE |  | 0 | 0 | 256380 |
| SPDR SERIES TRUST | S REGL BKG | 78464A698 |  | 392353 | 6198 | SH |  | SOLE |  | 0 | 0 | 6198 |
| SPDR SERIES TRUST | S BK ETF | 78464A797 |  | 248935 | 4189 | SH |  | SOLE |  | 0 | 0 | 4189 |
| SPDR SERIES TRUST | PORTFOLI S | 78464A805 |  | 12536172 | 155439 | SH |  | SOLE |  | 0 | 0 | 155439 |
| SSGA ACTIVE ETF TR | MULT ASS RLRTN | 78467V103 |  | 716723 | 23210 | SH |  | SOLE |  | 63 | 0 | 23147 |
| SPDR DOW JONES INDL AVERAGE | UT SER 1 | 78467X109 |  | 1515321 | 3268 | SH |  | SOLE |  | 0 | 0 | 3268 |
| SPDR S MIDCAP 400 ETF TR | UTSER1 S | 78467Y107 |  | 1610473 | 2702 | SH |  | SOLE |  | 0 | 0 | 2702 |
| SPDR SERIES TRUST | NUVEEN ICE SHORT | 78468R739 |  | 408231 | 8466 | SH |  | SOLE |  | 0 | 0 | 8466 |
| SPDR SERIES TRUST | RUSSELL YIELD | 78468R770 |  | 285500 | 2523 | SH |  | SOLE |  | 0 | 0 | 2523 |
| SALESFORCE INC | COM | 79466L302 |  | 781152 | 3296 | SH |  | SOLE |  | 0 | 0 | 3296 |
| SAP SE | SPON ADR | 803054204 |  | 209760 | 785 | SH |  | SOLE |  | 0 | 0 | 785 |
| SAUL CTRS INC | COM | 804395101 |  | 560434 | 17585 | SH |  | SOLE |  | 0 | 0 | 17585 |
| SCHWAB STRATEGIC TR | US LRG CAP ETF | 808524201 |  | 917357 | 34828 | SH |  | SOLE |  | 0 | 0 | 34828 |
| SELECT SECTOR SPDR TR | SBI CONS DISCR | 81369Y407 |  | 201542 | 841 | SH |  | SOLE |  | 0 | 0 | 841 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 |  | 2166448 | 7686 | SH |  | SOLE |  | 0 | 0 | 7686 |
| SCHWAB STRATEGIC TR | US LCAP GR ETF | 808524300 |  | 50694826 | 1588681 | SH |  | SOLE |  | 699 | 0 | 1587982 |
| SCHWAB STRATEGIC TR | US LCAP VA ETF | 808524409 |  | 35529426 | 1220524 | SH |  | SOLE |  | 577 | 0 | 1219946 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 |  | 11488211 | 420814 | SH |  | SOLE |  | 0 | 0 | 420814 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 1216591 | 38720 | SH |  | SOLE |  | 0 | 0 | 38720 |
| COMMERCE BANCSHARES INC | COM | 200525103 |  | 234737 | 3928 | SH |  | SOLE |  | 0 | 0 | 3928 |
| COMPASS INC | CL A | 20464U100 |  | 89816 | 11185 | SH |  | SOLE |  | 0 | 0 | 11185 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 1158723 | 12250 | SH |  | SOLE |  | 0 | 0 | 12250 |
| CONSTELLATION BRANDS INC | CL A | 21036P108 |  | 531812 | 3949 | SH |  | SOLE |  | 0 | 0 | 3949 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 |  | 345853 | 1051 | SH |  | SOLE |  | 0 | 0 | 1051 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 4070100 | 4397 | SH |  | SOLE |  | 0 | 0 | 4397 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 243719 | 497 | SH |  | SOLE |  | 0 | 0 | 497 |
| CROWN CASTLE INC | COM | 22822V101 |  | 202629 | 2100 | SH |  | SOLE |  | 0 | 0 | 2100 |
| CUBESMART | COM | 229663109 |  | 292537 | 7195 | SH |  | SOLE |  | 0 | 0 | 7195 |
| CUMMINS INC | COM | 231021106 |  | 3538616 | 8378 | SH |  | SOLE |  | 0 | 0 | 8378 |
| DNP SELECT INCOME FD INC | COM | 23325P104 |  | 160888 | 16073 | SH |  | SOLE |  | 0 | 0 | 16073 |
| DTE ENERGY CO | COM | 233331107 |  | 282860 | 2000 | SH |  | SOLE |  | 0 | 0 | 2000 |
| DT MIDSTREAM INC | COMMON STOCK | 23345M107 |  | 282989 | 2503 | SH |  | SOLE |  | 0 | 0 | 2503 |
| DANAHER CORPORATION | COM | 235851102 |  | 1702306 | 8586 | SH |  | SOLE |  | 0 | 0 | 8586 |
| DEERE  CO | COM | 244199105 |  | 332488 | 727 | SH |  | SOLE |  | 0 | 0 | 727 |
| DELL TECHNOLOGIES INC | CL C | 24703L202 |  | 841917 | 5939 | SH |  | SOLE |  | 0 | 0 | 5939 |
| DISNEY WALT CO | COM | 254687106 |  | 1898276 | 16579 | SH |  | SOLE |  | 0 | 0 | 16579 |
| DOMINION ENERGY INC | COM | 25746U109 |  | 2564657 | 41927 | SH |  | SOLE |  | 0 | 0 | 41927 |
| DOW INC | COM | 260557103 |  | 711816 | 31043 | SH |  | SOLE |  | 0 | 0 | 31043 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 690030 | 5576 | SH |  | SOLE |  | 0 | 0 | 5576 |
| EAGLE BANCORP INC MD | COM | 268948106 |  | 254099 | 12567 | SH |  | SOLE |  | 0 | 0 | 12567 |
| ECOLAB INC | COM | 278865100 |  | 708052 | 2585 | SH |  | SOLE |  | 0 | 0 | 2585 |
| EMCOR GROUP INC | COM | 29084Q100 |  | 565100 | 870 | SH |  | SOLE |  | 0 | 0 | 870 |
| EMERSON ELEC CO | COM | 291011104 |  | 5438752 | 41460 | SH |  | SOLE |  | 0 | 0 | 41460 |
| ENBRIDGE INC | COM | 29250N105 |  | 842480 | 16696 | SH |  | SOLE |  | 0 | 0 | 16696 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 712878 | 41543 | SH |  | SOLE |  | 0 | 0 | 41543 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 3690951 | 118035 | SH |  | SOLE |  | 0 | 0 | 118035 |
| EXCHANGE LISTED FDS TR | SABA INT RATE | 30151E806 |  | 3412785 | 149881 | SH |  | SOLE |  | 0 | 0 | 149881 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 5623966 | 49880 | SH |  | SOLE |  | 0 | 0 | 49880 |
| META PLATFORMS INC | CL A | 30303M102 |  | 2043226 | 2782 | SH |  | SOLE |  | 0 | 0 | 2782 |
| SHOPIFY INC | CL A SUB VTG SHS | 82509L107 |  | 245950 | 1655 | SH |  | SOLE |  | 0 | 0 | 1655 |
| SOUTHERN CO | COM | 842587107 |  | 1623694 | 17133 | SH |  | SOLE |  | 0 | 0 | 17133 |
| STARBUCKS CORP | COM | 855244109 |  | 356463 | 4213 | SH |  | SOLE |  | 0 | 0 | 4213 |
| STRYKER CORPORATION | COM | 863667101 |  | 1224199 | 3312 | SH |  | SOLE |  | 0 | 0 | 3312 |
| SUNOCO LP/SUNOCO FIN CORP | COM UT REP LP | 86765K109 |  | 447030 | 8939 | SH |  | SOLE |  | 0 | 0 | 8939 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 1693251 | 6063 | SH |  | SOLE |  | 0 | 0 | 6063 |
| TARGET CORP | COM | 87612E106 |  | 246495 | 2748 | SH |  | SOLE |  | 0 | 0 | 2748 |
| TESLA INC | COM | 88160R101 |  | 2424522 | 5452 | SH |  | SOLE |  | 0 | 0 | 5452 |
| TEXAS INSTRS INC | COM | 882508104 |  | 523244 | 2848 | SH |  | SOLE |  | 0 | 0 | 2848 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 561075 | 1157 | SH |  | SOLE |  | 0 | 0 | 1157 |
| TRANSUNION | COM | 89400J107 |  | 1220233 | 14565 | SH |  | SOLE |  | 0 | 0 | 14565 |
| 3M CO | COM | 88579Y101 |  | 947839 | 6108 | SH |  | SOLE |  | 0 | 0 | 6108 |
| TORTOISE CAPITAL SERIES TRUS | NORTH AMERN PIPE | 890930308 |  | 2116323 | 58061 | SH |  | SOLE |  | 0 | 0 | 58061 |
| TOWNEBANK PORTSMOUTH VA | COM | 89214P109 |  | 520451 | 15055 | SH |  | SOLE |  | 0 | 0 | 15055 |
| TRUIST FINL CORP | COM | 89832Q109 |  | 3870854 | 84664 | SH |  | SOLE |  | 0 | 0 | 84664 |
| US BANCORP DEL | COM NEW | 902973304 |  | 2978002 | 61618 | SH |  | SOLE |  | 0 | 0 | 61618 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 299788 | 3060 | SH |  | SOLE |  | 0 | 0 | 3060 |
| UNILEVER PLC | SPON ADR NEW | 904767704 |  | 6952121 | 117276 | SH |  | SOLE |  | 0 | 0 | 117276 |
| UNION PAC CORP | COM | 907818108 |  | 2397534 | 10143 | SH |  | SOLE |  | 0 | 0 | 10143 |
| UNITED AIRLS HLDGS INC | COM | 910047109 |  | 762254 | 7899 | SH |  | SOLE |  | 0 | 0 | 7899 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 2695848 | 32274 | SH |  | SOLE |  | 0 | 0 | 32274 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 485930 | 1407 | SH |  | SOLE |  | 0 | 0 | 1407 |
| UNIVERSAL DISPLAY CORP | COM | 91347P105 |  | 371571 | 2587 | SH |  | SOLE |  | 0 | 0 | 2587 |
| UNUM GROUP | COM | 91529Y106 |  | 1075697 | 13830 | SH |  | SOLE |  | 0 | 0 | 13830 |
| FEDERATED HERMES PREM MUNI I | COM | 31423P108 |  | 197837 | 17920 | SH |  | SOLE |  | 0 | 0 | 17920 |
| FEDEX CORP | COM | 31428X106 |  | 2122526 | 9001 | SH |  | SOLE |  | 0 | 0 | 9001 |
| FIDELITY COVINGTON TRUST | STOCK FOR INFL | 316092386 |  | 249447 | 4979 | SH |  | SOLE |  | 100 | 0 | 4879 |
| FIDELITY ETHEREUM FD | SHS | 31613E103 |  | 301238 | 7250 | SH |  | SOLE |  | 0 | 0 | 7250 |
| FIRST TR EXCHANGE-TRADED FD | SHS | 336917109 |  | 490055 | 11289 | SH |  | SOLE |  | 0 | 0 | 11289 |
| FIRST TR EXCHANGE-TRADED FD | FT VEST GOLD | 33733E856 |  | 6365906 | 265911 | SH |  | SOLE |  | 0 | 0 | 265911 |
| FIRST TR EXCHANGE-TRADED ALP | SML CP GRW ALP | 33737M300 |  | 217712 | 2400 | SH |  | SOLE |  | 0 | 0 | 2400 |
| FIRST TR EXCHANGE TRADED FD | RISNG DIVD ACHIV | 33738R506 |  | 707912 | 10525 | SH |  | SOLE |  | 0 | 0 | 10525 |
| FIRST TR EXCHNG TRADED FD VI | LOW DUR STRTGC | 33740F870 |  | 286590 | 14989 | SH |  | SOLE |  | 0 | 0 | 14989 |
| FIRST TR EXCHNG TRADED FD VI | SMITH UNCONSTRAI | 33740F888 |  | 8315090 | 330116 | SH |  | SOLE |  | 0 | 0 | 330116 |
| FIRST TR EXCH TRADED FD III | ULTRA SHT DUR MU | 33740J104 |  | 10194351 | 507182 | SH |  | SOLE |  | 0 | 0 | 507182 |
| FORD MTR CO | COM | 345370860 |  | 247034 | 20655 | SH |  | SOLE |  | 0 | 0 | 20655 |
| FRANKLIN TEMPLETON ETF TR | INCOME FOCUS ETF | 35473P439 |  | 788232 | 28415 | SH |  | SOLE |  | 0 | 0 | 28415 |
| FREQUENCY ELECTRS INC | COM | 358010106 |  | 250934 | 7400 | SH |  | SOLE |  | 0 | 0 | 7400 |
| FUNKO INC | COM CL A | 361008105 |  | 48160 | 14000 | SH |  | SOLE |  | 0 | 0 | 14000 |
| FUTU HLDGS LTD | SPON ADS CL A | 36118L106 |  | 319994 | 1840 | SH |  | SOLE |  | 0 | 0 | 1840 |
| GE HEALTHCARE TECHNOLOGIES I | COMMON STOCK | 36266G107 |  | 542297 | 7221 | SH |  | SOLE |  | 0 | 0 | 7221 |
| GE VERNOVA INC | COM | 36828A101 |  | 725582 | 1180 | SH |  | SOLE |  | 0 | 0 | 1180 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 2331076 | 6836 | SH |  | SOLE |  | 0 | 0 | 6836 |
| GE AEROSPACE | COM NEW | 369604301 |  | 1739958 | 5784 | SH |  | SOLE |  | 0 | 0 | 5784 |
| GENERAL MLS INC | COM | 370334104 |  | 1612280 | 31977 | SH |  | SOLE |  | 0 | 0 | 31977 |
| GENERAL MTRS CO | COM | 37045V100 |  | 949120 | 15567 | SH |  | SOLE |  | 0 | 0 | 15567 |
| VANECK ETF TRUST | GOLD MINERS ETF | 92189F106 |  | 369776 | 4840 | SH |  | SOLE |  | 0 | 0 | 4840 |
| VANECK ETF TRUST | MRNGSTR WDE MOAT | 92189F643 |  | 5010704 | 50557 | SH |  | SOLE |  | 0 | 0 | 50557 |
| VANECK ETF TRUST | SEMICONDUCTR ETF | 92189F676 |  | 220293 | 675 | SH |  | SOLE |  | 0 | 0 | 675 |
| VANECK ETF TRUST | JUNIOR GOLD MINE | 92189F791 |  | 631316 | 6375 | SH |  | SOLE |  | 0 | 0 | 6375 |
| VANECK ETF TRUST | INTRMDT MUNI ETF | 92189H201 |  | 1240539 | 26621 | SH |  | SOLE |  | 0 | 0 | 26621 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 1375230 | 6373 | SH |  | SOLE |  | 0 | 0 | 6373 |
| VANGUARD WORLD FD | MEGA GRWTH IND | 921910816 |  | 394905 | 981 | SH |  | SOLE |  | 0 | 0 | 981 |
| VANGUARD WELLINGTON FD | SHORT TRM TAX EX | 921935870 |  | 348074 | 3415 | SH |  | SOLE |  | 0 | 0 | 3415 |
| VANGUARD BD INDEX FDS | SHORT TRM BOND | 921937827 |  | 20076157 | 254418 | SH |  | SOLE |  | 0 | 0 | 254418 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 625276 | 10435 | SH |  | SOLE |  | 0 | 0 | 10435 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 |  | 8983631 | 63737 | SH |  | SOLE |  | 0 | 0 | 63737 |
| VANGUARD WHITEHALL FDS | INTL HIGH ETF | 921946794 |  | 744841 | 8796 | SH |  | SOLE |  | 0 | 0 | 8796 |
| VANGUARD WORLD FD | INF TECH ETF | 92204A702 |  | 27320476 | 36592 | SH |  | SOLE |  | 17 | 0 | 36574 |
| VANGUARD SCOTTSDALE FDS | INT-TERM CORP | 92206C870 |  | 5298341 | 62993 | SH |  | SOLE |  | 0 | 0 | 62993 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 4703645 | 7681 | SH |  | SOLE |  | 0 | 0 | 7681 |
| VANGUARD INDEX FDS | MCAP GR IDXVIP | 922908538 |  | 1123270 | 3823 | SH |  | SOLE |  | 35 | 0 | 3788 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 346796 | 3793 | SH |  | SOLE |  | 0 | 0 | 3793 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 8562030 | 29148 | SH |  | SOLE |  | 0 | 0 | 29148 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 445717 | 929 | SH |  | SOLE |  | 0 | 0 | 929 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 4157143 | 22292 | SH |  | SOLE |  | 0 | 0 | 22292 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 4898266 | 19263 | SH |  | SOLE |  | 0 | 0 | 19263 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 1920030 | 5851 | SH |  | SOLE |  | 0 | 0 | 5851 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 7148427 | 162649 | SH |  | SOLE |  | 0 | 0 | 162649 |
| VISA INC | COM CL A | 92826C839 |  | 2016209 | 5906 | SH |  | SOLE |  | 0 | 0 | 5906 |
| VOYA ASIA PAC HIGH DIV EQT I | COM | 92912J102 |  | 116633 | 15551 | SH |  | SOLE |  | 0 | 0 | 15551 |
| WP CAREY INC | COM | 92936U109 |  | 2226305 | 32949 | SH |  | SOLE |  | 0 | 0 | 32949 |
| WALMART INC | COM | 931142103 |  | 2798740 | 27156 | SH |  | SOLE |  | 0 | 0 | 27156 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 1068402 | 4838 | SH |  | SOLE |  | 0 | 0 | 4838 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 1064609 | 12701 | SH |  | SOLE |  | 0 | 0 | 12701 |
| WELLTOWER INC | COM | 95040Q104 |  | 237639 | 1334 | SH |  | SOLE |  | 0 | 0 | 1334 |
| WESCO INTL INC | COM | 95082P105 |  | 1473098 | 6965 | SH |  | SOLE |  | 0 | 0 | 6965 |
| GLADSTONE COMMERCIAL CORP | COM | 376536108 |  | 4538176 | 368358 | SH |  | SOLE |  | 0 | 0 | 368358 |
| GSK PLC | SPONSORED ADR | 37733W204 |  | 729188 | 16895 | SH |  | SOLE |  | 0 | 0 | 16895 |
| GLOBAL X FDS | RUSSELL 2000 | 37954Y459 |  | 270900 | 18000 | SH |  | SOLE |  | 0 | 0 | 18000 |
| GLOBAL X FDS | S 500 COVERED | 37954Y475 |  | 4461860 | 113649 | SH |  | SOLE |  | 0 | 0 | 113649 |
| GLOBAL X FDS | NASDAQ 100 COVER | 37954Y483 |  | 877818 | 51606 | SH |  | SOLE |  | 0 | 0 | 51606 |
| GLOBAL X FDS | S 500 QLT ETF | 37954Y616 |  | 5516625 | 156778 | SH |  | SOLE |  | 0 | 0 | 156778 |
| GLOBAL X FDS | DOW 30 COVERED C | 37960A859 |  | 296701 | 13579 | SH |  | SOLE |  | 0 | 0 | 13579 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 3836262 | 4817 | SH |  | SOLE |  | 0 | 0 | 4817 |
| GOLDMAN SACHS ETF TR | ACTIVEBETA US LG | 381430503 |  | 13555732 | 104050 | SH |  | SOLE |  | 127 | 0 | 103923 |
| GOLDMAN SACHS ETF TR | NASDAQ-100 PREMI | 38149W630 |  | 8104039 | 154480 | SH |  | SOLE |  | 0 | 0 | 154480 |
| GRAPHIC PACKAGING HLDG CO | COM | 388689101 |  | 271631 | 13880 | SH |  | SOLE |  | 0 | 0 | 13880 |
| HEICO CORP NEW | COM | 422806109 |  | 284452 | 881 | SH |  | SOLE |  | 0 | 0 | 881 |
| HERON THERAPEUTICS INC | COM | 427746102 |  | 12600 | 10000 | SH |  | SOLE |  | 0 | 0 | 10000 |
| HOME DEPOT INC | COM | 437076102 |  | 3502812 | 8645 | SH |  | SOLE |  | 0 | 0 | 8645 |
| HONEYWELL INTL INC | COM | 438516106 |  | 1753269 | 8329 | SH |  | SOLE |  | 0 | 0 | 8329 |
| HOWMET AEROSPACE INC | COM | 443201108 |  | 417536 | 2128 | SH |  | SOLE |  | 0 | 0 | 2128 |
| IES HLDGS INC | COM | 44951W106 |  | 218509 | 550 | SH |  | SOLE |  | 0 | 0 | 550 |
| ILLINOIS TOOL WKS INC | COM | 452308109 |  | 1055645 | 4048 | SH |  | SOLE |  | 0 | 0 | 4048 |
| INNOVATOR ETFS TRUST | US SML CP PWR B | 45782C284 |  | 4647715 | 150120 | SH |  | SOLE |  | 0 | 0 | 150120 |
| WHEATON PRECIOUS METALS CORP | COM | 962879102 |  | 1105648 | 9886 | SH |  | SOLE |  | 0 | 0 | 9886 |
| WILLIAMS COS INC | COM | 969457100 |  | 407024 | 6425 | SH |  | SOLE |  | 0 | 0 | 6425 |
| WISDOMTREE TR | INTERNTNL AI ENH | 97717W786 |  | 467080 | 9411 | SH |  | SOLE |  | 0 | 0 | 9411 |
| WISDOMTREE TR | EM EX ST-OWNED | 97717X578 |  | 1815448 | 47851 | SH |  | SOLE |  | 0 | 0 | 47851 |
| WISDOMTREE TR | US S CAP QTY DIV | 97717X651 |  | 4620600 | 92449 | SH |  | SOLE |  | 0 | 0 | 92449 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 799664 | 3243 | SH |  | SOLE |  | 0 | 0 | 3243 |
| CREDO TECHNOLOGY GROUP HOLDI | ORDINARY SHARES | G25457105 |  | 342184 | 2350 | SH |  | SOLE |  | 0 | 0 | 2350 |
| EATON CORP PLC | SHS | G29183103 |  | 312873 | 836 | SH |  | SOLE |  | 0 | 0 | 836 |
| JAZZ PHARMACEUTICALS PLC | SHS USD | G50871105 |  | 868035 | 6586 | SH |  | SOLE |  | 0 | 0 | 6586 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 1843942 | 19361 | SH |  | SOLE |  | 0 | 0 | 19361 |
| SEAGATE TECHNOLOGY HLDNGS PL | ORD SHS | G7997R103 |  | 200366 | 849 | SH |  | SOLE |  | 0 | 0 | 849 |
| SPOTIFY TECHNOLOGY S A | SHS | L8681T102 |  | 355980 | 510 | SH |  | SOLE |  | 0 | 0 | 510 |
| LYONDELLBASELL INDUSTRIES N | SHS - A - | N53745100 |  | 1683053 | 34320 | SH |  | SOLE |  | 0 | 0 | 34320 |
| ROYAL CARIBBEAN GROUP | COM | V7780T103 |  | 463906 | 1434 | SH |  | SOLE |  | 0 | 0 | 1434 |
| INNOVATOR ETFS TRUST | US EQT ULTRA BF | 45782C300 |  | 353478 | 8391 | SH |  | SOLE |  | 0 | 0 | 8391 |
| INNOVATOR ETFS TRUST | US EQTY BUF OCT | 45782C771 |  | 480665 | 9927 | SH |  | SOLE |  | 0 | 0 | 9927 |
| INNOVATOR ETFS TRUST | US EQTY PWR BUF | 45782C797 |  | 344329 | 7989 | SH |  | SOLE |  | 0 | 0 | 7989 |
| INNOVATOR ETFS TRUST | US EQTY PWR BUF | 45782C813 |  | 747475 | 16392 | SH |  | SOLE |  | 0 | 0 | 16392 |
| INNOVATOR ETFS TRUST | US EQT BUFR APR | 45782C888 |  | 731554 | 15596 | SH |  | SOLE |  | 0 | 0 | 15596 |
| INTEL CORP | COM | 458140100 |  | 1942069 | 57886 | SH |  | SOLE |  | 0 | 0 | 57886 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 9490905 | 33637 | SH |  | SOLE |  | 0 | 0 | 33637 |
| INTERNATIONAL PAPER CO | COM | 460146103 |  | 2484395 | 53543 | SH |  | SOLE |  | 0 | 0 | 53543 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 7266160 | 12103 | SH |  | SOLE |  | 0 | 0 | 12103 |
| INTUIT | COM | 461202103 |  | 244690 | 358 | SH |  | SOLE |  | 0 | 0 | 358 |
| INVESCO EXCHANGE TRADED FD T | AEROSPACE DEFN | 46137V100 |  | 744758 | 4791 | SH |  | SOLE |  | 0 | 0 | 4791 |
| INVESCO EXCHANGE TRADED FD T | S PUR GWT | 46137V266 |  | 2427109 | 50861 | SH |  | SOLE |  | 0 | 0 | 50861 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 409183 | 2157 | SH |  | SOLE |  | 0 | 0 | 2157 |
| INVESCO EXCHANGE TRADED FD T | DIVID ACHIEVEV | 46137V506 |  | 257289 | 5070 | SH |  | SOLE |  | 0 | 0 | 5070 |
| INVESCO EXCH TRADED FD TR II | S LOW VOL | 46138E354 |  | 2216069 | 30158 | SH |  | SOLE |  | 26 | 0 | 30132 |
| INVESCO EXCH TRADED FD TR II | S HDL VOL | 46138E362 |  | 9806514 | 198312 | SH |  | SOLE |  | 138 | 0 | 198173 |
| INVESCO EXCH TRADED FD TR II | S 500 HB ETF | 46138E370 |  | 273402 | 2490 | SH |  | SOLE |  | 0 | 0 | 2490 |
| IOVANCE BIOTHERAPEUTICS INC | COM | 462260100 |  | 27125 | 12500 | SH |  | SOLE |  | 0 | 0 | 12500 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 |  | 544465 | 7482 | SH |  | SOLE |  | 0 | 0 | 7482 |
| ISHARES TR | S 100 ETF | 464287101 |  | 1407580 | 4229 | SH |  | SOLE |  | 0 | 0 | 4229 |
| ISHARES TR | MORNINGSTAR GRWT | 464287119 |  | 1867179 | 17902 | SH |  | SOLE |  | 0 | 0 | 17902 |
| ISHARES TR | CORE S TTL STK | 464287150 |  | 742371 | 5097 | SH |  | SOLE |  | 0 | 0 | 5097 |
| ISHARES TR | SELECT DIVID ETF | 464287168 |  | 1388175 | 9769 | SH |  | SOLE |  | 0 | 0 | 9769 |
| ISHARES TR | CORE S ETF | 464287200 |  | 22759076 | 34004 | SH |  | SOLE |  | 0 | 0 | 34004 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 5477861 | 54642 | SH |  | SOLE |  | 0 | 0 | 54642 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 1107168 | 20733 | SH |  | SOLE |  | 0 | 0 | 20733 |
| ISHARES TR | S 500 GRWT ETF | 464287309 |  | 5718427 | 47369 | SH |  | SOLE |  | 0 | 0 | 47369 |
| ISHARES TR | NORTH AMERN NAT | 464287374 |  | 659645 | 13448 | SH |  | SOLE |  | 0 | 0 | 13448 |
| ISHARES TR | S 500 VAL ETF | 464287408 |  | 241823 | 1171 | SH |  | SOLE |  | 0 | 0 | 1171 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 3802655 | 40727 | SH |  | SOLE |  | 0 | 0 | 40727 |
| ISHARES TR | RUS MDCP VAL ETF | 464287473 |  | 9293615 | 66540 | SH |  | SOLE |  | 0 | 0 | 66540 |
| ISHARES TR | RUS MD CP GR ETF | 464287481 |  | 11597192 | 81435 | SH |  | SOLE |  | 0 | 0 | 81435 |
| ISHARES TR | RUS MID CAP ETF | 464287499 |  | 23637278 | 244819 | SH |  | SOLE |  | 0 | 0 | 244819 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 2580283 | 39538 | SH |  | SOLE |  | 0 | 0 | 39538 |
| ISHARES TR | ISHARES SEMICDTR | 464287523 |  | 442658 | 1633 | SH |  | SOLE |  | 0 | 0 | 1633 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 |  | 13415962 | 65897 | SH |  | SOLE |  | 0 | 0 | 65897 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 37986062 | 81096 | SH |  | SOLE |  | 0 | 0 | 81096 |
| ISHARES TR | RUS 1000 ETF | 464287622 |  | 30887730 | 84513 | SH |  | SOLE |  | 0 | 0 | 84513 |
| ISHARES TR | RUS 2000 VAL ETF | 464287630 |  | 5462314 | 30894 | SH |  | SOLE |  | 0 | 0 | 30894 |
| ISHARES TR | RUS 2000 GRW ETF | 464287648 |  | 6406851 | 20019 | SH |  | SOLE |  | 0 | 0 | 20019 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 10211058 | 42201 | SH |  | SOLE |  | 29 | 0 | 42172 |
| ISHARES TR | CORE S US VLU | 464287663 |  | 615402 | 6157 | SH |  | SOLE |  | 0 | 0 | 6157 |
| ISHARES TR | CORE S US GWT | 464287671 |  | 1067599 | 6488 | SH |  | SOLE |  | 0 | 0 | 6488 |
| ISHARES TR | RUSSELL 3000 ETF | 464287689 |  | 1240263 | 3273 | SH |  | SOLE |  | 0 | 0 | 3273 |
| ISHARES TR | U.S. TECH ETF | 464287721 |  | 656523 | 3352 | SH |  | SOLE |  | 0 | 0 | 3352 |
| ISHARES TR | U.S. FINLS ETF | 464287788 |  | 14164965 | 111852 | SH |  | SOLE |  | 0 | 0 | 111852 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 15308876 | 128830 | SH |  | SOLE |  | 0 | 0 | 128830 |
| ISHARES TR | SHRT NAT MUN ETF | 464288158 |  | 5027294 | 47081 | SH |  | SOLE |  | 0 | 0 | 47081 |
| ISHARES TR | MRGSTR MD CP ETF | 464288208 |  | 310607 | 3740 | SH |  | SOLE |  | 0 | 0 | 3740 |
| ISHARES TR | NATIONAL MUN ETF | 464288414 |  | 451297 | 4238 | SH |  | SOLE |  | 0 | 0 | 4238 |
| ISHARES TR | PFD AND INCM SEC | 464288687 |  | 5265105 | 166512 | SH |  | SOLE |  | 0 | 0 | 166512 |
| ISHARES TR | EAFE GRWTH ETF | 464288885 |  | 212867 | 1869 | SH |  | SOLE |  | 0 | 0 | 1869 |
| ISHARES TR | CORE 60/40 BALAN | 464289867 |  | 398898 | 6196 | SH |  | SOLE |  | 0 | 0 | 6196 |
| ISHARES TR | CORE MSCI TOTAL | 46432F834 |  | 2211905 | 26785 | SH |  | SOLE |  | 0 | 0 | 26785 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 |  | 440974 | 5051 | SH |  | SOLE |  | 0 | 0 | 5051 |
| ISHARES TR | CORE TOTAL USD | 46434V613 |  | 202202 | 4329 | SH |  | SOLE |  | 0 | 0 | 4329 |
| ISHARES TR | CORE DIV GRWTH | 46434V621 |  | 34600009 | 508226 | SH |  | SOLE |  | 0 | 0 | 508226 |
| ISHARES TR | ESG AWR MSCI USA | 46435G425 |  | 772554 | 5306 | SH |  | SOLE |  | 0 | 0 | 5306 |
| ISHARES TR | IBDS DEC28 ETF | 46435U515 |  | 205615 | 8057 | SH |  | SOLE |  | 0 | 0 | 8057 |
| ISHARES TR | IBONDS DEC 2032 | 46436E312 |  | 299114 | 11675 | SH |  | SOLE |  | 0 | 0 | 11675 |
| ISHARES TR | IBONDS DEC 2031 | 46436E486 |  | 262003 | 12347 | SH |  | SOLE |  | 0 | 0 | 12347 |
| ISHARES TR | IBONDS DEC 2030 | 46436E726 |  | 271072 | 12238 | SH |  | SOLE |  | 0 | 0 | 12238 |
| ISHARES BITCOIN TRUST ETF | SHS BEN INT | 46438F101 |  | 366015 | 5631 | SH |  | SOLE |  | 0 | 0 | 5631 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 13522613 | 42871 | SH |  | SOLE |  | 0 | 0 | 42871 |
| J P MORGAN EXCHANGE TRADED F | EQUITY PREMIUM | 46641Q332 |  | 1264480 | 22145 | SH |  | SOLE |  | 0 | 0 | 22145 |
| J P MORGAN EXCHANGE TRADED F | NASDAQ EQT PREM | 46654Q203 |  | 359788 | 6255 | SH |  | SOLE |  | 0 | 0 | 6255 |
| JANUS DETROIT STR TR | HENDRSON AAA CL | 47103U845 |  | 234858 | 4625 | SH |  | SOLE |  | 0 | 0 | 4625 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 12728270 | 68646 | SH |  | SOLE |  | 0 | 0 | 68646 |
| KKR REAL ESTATE FIN TR INC | COM | 48251K100 |  | 260550 | 28950 | SH |  | SOLE |  | 0 | 0 | 28950 |
| KKR  CO INC | COM | 48251W104 |  | 778058 | 5987 | SH |  | SOLE |  | 0 | 0 | 5987 |
| KENVUE INC | COM | 49177J102 |  | 283214 | 17450 | SH |  | SOLE |  | 0 | 0 | 17450 |
| KIMBERLY-CLARK CORP | COM | 494368103 |  | 460555 | 3704 | SH |  | SOLE |  | 0 | 0 | 3704 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 8014537 | 283099 | SH |  | SOLE |  | 0 | 0 | 283099 |
| KRAFT HEINZ CO | COM | 500754106 |  | 228501 | 8775 | SH |  | SOLE |  | 0 | 0 | 8775 |
| LMP CAP  INCOME FD INC | COM | 50208A102 |  | 395518 | 25468 | SH |  | SOLE |  | 0 | 0 | 25468 |
| LPL FINL HLDGS INC | COM | 50212V100 |  | 521982 | 1569 | SH |  | SOLE |  | 0 | 0 | 1569 |
| L3HARRIS TECHNOLOGIES INC | COM | 502431109 |  | 3274767 | 10722 | SH |  | SOLE |  | 0 | 0 | 10722 |
| LEGG MASON ETF INVT | FRANKLIN US LOW | 52468L406 |  | 1730061 | 41850 | SH |  | SOLE |  | 0 | 0 | 41850 |
| LENNOX INTL INC | COM | 526107107 |  | 368074 | 695 | SH |  | SOLE |  | 0 | 0 | 695 |
| ELI LILLY  CO | COM | 532457108 |  | 1048758 | 1375 | SH |  | SOLE |  | 0 | 0 | 1375 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 4124208 | 8261 | SH |  | SOLE |  | 0 | 0 | 8261 |
| LOWES COS INC | COM | 548661107 |  | 887234 | 3530 | SH |  | SOLE |  | 0 | 0 | 3530 |
| LUCID DIAGNOSTICS INC | COM | 54948X109 |  | 180583 | 178795 | SH |  | SOLE |  | 0 | 0 | 178795 |
| M  T BK CORP | COM | 55261F104 |  | 744625 | 3768 | SH |  | SOLE |  | 0 | 0 | 3768 |
| MGM RESORTS INTERNATIONAL | COM | 552953101 |  | 592570 | 17097 | SH |  | SOLE |  | 0 | 0 | 17097 |
| MACROGENICS INC | COM | 556099109 |  | 54324 | 32336 | SH |  | SOLE |  | 0 | 0 | 32336 |
| NYLI MACKAY DEFINEDTERM MUNI | COM | 56064K100 |  | 483479 | 31955 | SH |  | SOLE |  | 0 | 0 | 31955 |
| MARRIOTT INTL INC NEW | CL A | 571903202 |  | 1108500 | 4256 | SH |  | SOLE |  | 0 | 0 | 4256 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 209334 | 2490 | SH |  | SOLE |  | 0 | 0 | 2490 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 558571 | 982 | SH |  | SOLE |  | 0 | 0 | 982 |
| MCDONALDS CORP | COM | 580135101 |  | 2327815 | 7660 | SH |  | SOLE |  | 0 | 0 | 7660 |
| MCKESSON CORP | COM | 58155Q103 |  | 481763 | 624 | SH |  | SOLE |  | 0 | 0 | 624 |
| MERCK  CO INC | COM | 58933Y105 |  | 5876372 | 70015 | SH |  | SOLE |  | 0 | 0 | 70015 |

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