# EDGAR Filing Document

**Accession Number:** 0001729985
**File Stem:** 0001104659-25-077270
**Filing Date:** 2025-8
**Character Count:** 30574
**Document Hash:** abdfb68fd6355fb5181356ded306b723
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-25-077270.hdr.sgml**: 20250813

**ACCESSION NUMBER**: 0001104659-25-077270

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250813

**DATE AS OF CHANGE**: 20250813

**EFFECTIVENESS DATE**: 20250813

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Virtue Capital Management, LLC
- **CENTRAL INDEX KEY:** 0001729985

**ORGANIZATION NAME:**
- **EIN:** 462394304

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-18530
- **FILM NUMBER:** 251209108

**BUSINESS ADDRESS:**
- **STREET 1:** 6 CADILLAC DR.
- **STREET 2:** SUITE 310
- **CITY:** BRENTWOOD
- **STATE:** TN
- **ZIP:** 37027
- **BUSINESS PHONE:** 6153400801

**MAIL ADDRESS:**
- **STREET 1:** 6 CADILLAC DR.
- **STREET 2:** SUITE 310
- **CITY:** BRENTWOOD
- **STATE:** TN
- **ZIP:** 37027

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 06-30-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Virtue Capital Management LLC<br>**Address:** 6 Cadillac Dr.<br>Suite 310<br>Brentwood, TN 37027

**Form 13F File Number:** 028-18530

**CRD Number (if applicable):** 000167816

**SEC File Number (if applicable):** 801-79938

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:** Jeremy Rettich<br>**Title:** CEO<br>**Phone:** 615-340-0801

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

/s/ Jeremy Rettich  Brentwood, TN  08-12-2025<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:** 261

**Form 13F Information Table Value Total:** $543483728

      (round to nearest dollar)

**List of Other Included Managers:**

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

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

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| 3M CO | COM | 88579Y101 |  | 1193105 | 7837 | SH |  | SOLE |  | 0 | 0 | 7837 |
| ABBVIE INC | COM | 00287Y109 |  | 626653 | 3376 | SH |  | SOLE |  | 0 | 0 | 3376 |
| ACCENTURE PLC IRELAND FCLASS A | SHS CLASS A | G1151C101 |  | 253758 | 849 | SH |  | SOLE |  | 0 | 0 | 849 |
| ADOBE INC | COM | 00724F101 |  | 237931 | 615 | SH |  | SOLE |  | 0 | 0 | 615 |
| ADVANCED MICRO DEVIC | COM | 007903107 |  | 1090360 | 7684 | SH |  | SOLE |  | 0 | 0 | 7684 |
| AIR PRODS  CHEMS INC | COM | 009158106 |  | 230443 | 817 | SH |  | SOLE |  | 0 | 0 | 817 |
| AIRBNB INC CLASS A | COM CL A | 009066101 |  | 661965 | 5002 | SH |  | SOLE |  | 0 | 0 | 5002 |
| ALPHABET INC CLASS A | COM CL A | 02079K305 |  | 2520456 | 14302 | SH |  | SOLE |  | 0 | 0 | 14302 |
| ALPHABET INC CLASS C | COM CL C | 02079K107 |  | 510883 | 2880 | SH |  | SOLE |  | 0 | 0 | 2880 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 269346 | 4594 | SH |  | SOLE |  | 0 | 0 | 4594 |
| AMAZON.COM INC | COM | 023135106 |  | 4917846 | 22416 | SH |  | SOLE |  | 0 | 0 | 22416 |
| AMCOR PLC F | ORD | G0250X107 |  | 427946 | 46567 | SH |  | SOLE |  | 0 | 0 | 46567 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 |  | 371341 | 3579 | SH |  | SOLE |  | 0 | 0 | 3579 |
| APPLE INC | COM | 037833100 |  | 6715386 | 32731 | SH |  | SOLE |  | 0 | 0 | 32731 |
| APPLIED MATLS INC | COM | 038222105 |  | 271493 | 1483 | SH |  | SOLE |  | 0 | 0 | 1483 |
| APTUS COLLARED INV OPPORTUNITY ETF | APTUS COLLRD INV | 26922A222 |  | 637270 | 15393 | SH |  | SOLE |  | 0 | 0 | 15393 |
| APTUS DEFINED RISK ETF | APTUS DEFINED | 26922A388 |  | 310392 | 10800 | SH |  | SOLE |  | 0 | 0 | 10800 |
| APTUS ENHANCED YIELD ETF | APTUS ENHANCED | 26922B642 |  | 254400 | 11444 | SH |  | SOLE |  | 0 | 0 | 11444 |
| APTUS LARGE CAP ENHANCEDYIELD ETF | APTUS LARGE CAP | 26922B535 |  | 205639 | 6084 | SH |  | SOLE |  | 0 | 0 | 6084 |
| ARES MGMT CORP CLASS A | CL A COM STK | 03990B101 |  | 273829 | 1581 | SH |  | SOLE |  | 0 | 0 | 1581 |
| ARISTA NETWORKS INC | COM | 040413106 |  | 334861 | 3273 | SH |  | SOLE |  | 0 | 0 | 3273 |
| ASML HLDG N V FSPONSORED ADR 1 ADR REPS 1 ORD SHS | N Y REGISTRY SHS | N07059210 |  | 269267 | 336 | SH |  | SOLE |  | 0 | 0 | 336 |
| AT INC | COM | 00206R102 |  | 571478 | 19747 | SH |  | SOLE |  | 0 | 0 | 19747 |
| AURORA INNOVATION INC CLASS A | COM | 051774107 |  | 234186 | 44692 | SH |  | SOLE |  | 0 | 0 | 44692 |
| AUTODESK INC | COM | 052769106 |  | 447019 | 1444 | SH |  | SOLE |  | 0 | 0 | 1444 |
| AUTOMATIC DATA PROCESSIN | COM | 053015103 |  | 315493 | 1023 | SH |  | SOLE |  | 0 | 0 | 1023 |
| AUTOZONE INC | COM | 053332102 |  | 400921 | 108 | SH |  | SOLE |  | 0 | 0 | 108 |
| AXSOME THERAPEUTICS INC. | COM | 05464T104 |  | 710583 | 6807 | SH |  | SOLE |  | 0 | 0 | 6807 |
| BANK NEW YORK MELLON COR | COM | 064058100 |  | 308043 | 3381 | SH |  | SOLE |  | 0 | 0 | 3381 |
| BANK OF AMERICA CORP | COM | 060505104 |  | 666911 | 14094 | SH |  | SOLE |  | 0 | 0 | 14094 |
| BASANITE INC | COM | 06975Q100 |  | 1025 | 25000 | SH |  | SOLE |  | 0 | 0 | 25000 |
| BEAM GLOBAL | COM | 07373B109 |  | 73000 | 50000 | SH |  | SOLE |  | 0 | 0 | 50000 |
| BECTON DICKINSON  CO | COM | 075887109 |  | 325036 | 1887 | SH |  | SOLE |  | 0 | 0 | 1887 |
| BERKSHIRE HATHAWAY CLASS B | CL B NEW | 084670702 |  | 603812 | 1243 | SH |  | SOLE |  | 0 | 0 | 1243 |
| BLACKROCK INC NEW | COM | 09290D101 |  | 551906 | 526 | SH |  | SOLE |  | 0 | 0 | 526 |
| BOEING CO | COM | 097023105 |  | 314505 | 1501 | SH |  | SOLE |  | 0 | 0 | 1501 |
| BOOKING HLDGS INC | COM | 09857L108 |  | 578924 | 100 | SH |  | SOLE |  | 0 | 0 | 100 |
| BRIGHTSPRING HEALTH SVCS | COM | 10950A106 |  | 882691 | 37418 | SH |  | SOLE |  | 0 | 0 | 37418 |
| BROADCOM INC | COM | 11135F101 |  | 1395616 | 5063 | SH |  | SOLE |  | 0 | 0 | 5063 |
| CADENCE DESIGN SYS INC | COM | 127387108 |  | 524779 | 1703 | SH |  | SOLE |  | 0 | 0 | 1703 |
| CARMAX INC | COM | 143130102 |  | 204251 | 3039 | SH |  | SOLE |  | 0 | 0 | 3039 |
| CARPENTER TECHNOLOGY COR | COM | 144285103 |  | 1668506 | 6037 | SH |  | SOLE |  | 0 | 0 | 6037 |
| CARRIER GLOBAL CORP | COM | 14448C104 |  | 410303 | 5606 | SH |  | SOLE |  | 0 | 0 | 5606 |
| CARVANA CO CLASS A | CL A | 146869102 |  | 913162 | 2710 | SH |  | SOLE |  | 0 | 0 | 2710 |
| CATERPILLAR INC | COM | 149123101 |  | 559022 | 1440 | SH |  | SOLE |  | 0 | 0 | 1440 |
| CHARLES SCHWAB CORP | COM | 808513105 |  | 747073 | 8188 | SH |  | SOLE |  | 0 | 0 | 8188 |
| CHECK POINT SOFTWARE T F | ORD | M22465104 |  | 260854 | 1179 | SH |  | SOLE |  | 0 | 0 | 1179 |
| CHEVRON CORP NEW | COM | 166764100 |  | 307429 | 2147 | SH |  | SOLE |  | 0 | 0 | 2147 |
| CHIPOTLE MEXICAN GRILL I | COM | 169656105 |  | 408884 | 7282 | SH |  | SOLE |  | 0 | 0 | 7282 |
| CINTAS CORP | COM | 172908105 |  | 240700 | 1080 | SH |  | SOLE |  | 0 | 0 | 1080 |
| CISCO SYS INC | COM | 17275R102 |  | 457422 | 6593 | SH |  | SOLE |  | 0 | 0 | 6593 |
| CLOUDFLARE INC CLASS A | CL A | 18915M107 |  | 1444442 | 7376 | SH |  | SOLE |  | 0 | 0 | 7376 |
| COMCAST CORP NEW CLASS A | COM CL A | 20030N101 |  | 330133 | 9250 | SH |  | SOLE |  | 0 | 0 | 9250 |
| COMMUNICAT SVS SLCT SEC SPDR ETF IV | COMMUNICATION | 81369Y852 |  | 7422704 | 68393 | SH |  | SOLE |  | 0 | 0 | 68393 |
| COMSTOCK RES INC | COM | 205768302 |  | 1277524 | 46170 | SH |  | SOLE |  | 0 | 0 | 46170 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 400531 | 4463 | SH |  | SOLE |  | 0 | 0 | 4463 |
| CORNING INC | COM | 219350105 |  | 1257269 | 23907 | SH |  | SOLE |  | 0 | 0 | 23907 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 771163 | 779 | SH |  | SOLE |  | 0 | 0 | 779 |
| CSX CORP | COM | 126408103 |  | 326235 | 9998 | SH |  | SOLE |  | 0 | 0 | 9998 |
| CVS HEALTH CORP | COM | 126650100 |  | 279478 | 4052 | SH |  | SOLE |  | 0 | 0 | 4052 |
| CYTODYN INC | COM | 23283M101 |  | 12263 | 45000 | SH |  | SOLE |  | 0 | 0 | 45000 |
| DANAHER CORP | COM | 235851102 |  | 406537 | 2058 | SH |  | SOLE |  | 0 | 0 | 2058 |
| DATADOG INC CLASS A | CL A | 23804L103 |  | 411856 | 3066 | SH |  | SOLE |  | 0 | 0 | 3066 |
| DELL TECHNOLOGIES INC CLASS C | COM | 24703L202 |  | 200083 | 1632 | SH |  | SOLE |  | 0 | 0 | 1632 |
| DISNEY WALT CO | COM | 254687106 |  | 516194 | 4163 | SH |  | SOLE |  | 0 | 0 | 4163 |
| DNP SELECT INCOME CF | COM | 23325P104 |  | 1165128 | 119012 | SH |  | SOLE |  | 0 | 0 | 119012 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 238950 | 2025 | SH |  | SOLE |  | 0 | 0 | 2025 |
| DXP ENTERPRISES INC | COM NEW | 233377407 |  | 833990 | 9515 | SH |  | SOLE |  | 0 | 0 | 9515 |
| DYNATRACE INC | COM | 268150109 |  | 221282 | 4008 | SH |  | SOLE |  | 0 | 0 | 4008 |
| EATON CORP PLC F | SHS | G29183103 |  | 471941 | 1322 | SH |  | SOLE |  | 0 | 0 | 1322 |
| ECOLAB INC | COM | 278865100 |  | 323059 | 1199 | SH |  | SOLE |  | 0 | 0 | 1199 |
| ELEVANCE HEALTH INC | COM | 036752103 |  | 309223 | 795 | SH |  | SOLE |  | 0 | 0 | 795 |
| ELI LILLY AND CO | COM | 532457108 |  | 620506 | 796 | SH |  | SOLE |  | 0 | 0 | 796 |
| ENTERPRISE PRODS PART LP | COM | 293792107 |  | 250743 | 8086 | SH |  | SOLE |  | 0 | 0 | 8086 |
| EQUINIX INC REIT | COM | 29444U700 |  | 221141 | 278 | SH |  | SOLE |  | 0 | 0 | 278 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 1034985 | 9601 | SH |  | SOLE |  | 0 | 0 | 9601 |
| FIFTH THIRD BANCORP | COM | 316773100 |  | 214575 | 5217 | SH |  | SOLE |  | 0 | 0 | 5217 |
| FIRST TR INDL PROD DRBL ALPHA ETF IV | INDLS PROD DUR | 33734X150 |  | 7202907 | 97048 | SH |  | SOLE |  | 0 | 0 | 97048 |
| FIRST TRUST FINANCIALS ALPHADEX ETF | FINLS ALPHADEX | 33734X135 |  | 7302096 | 130255 | SH |  | SOLE |  | 0 | 0 | 130255 |
| FIRST TRUST SENIOR LOAN ETF | SENIOR LN FD | 33738D309 |  | 25380440 | 553071 | SH |  | SOLE |  | 0 | 0 | 553071 |
| FIRST TRUST UTILITIES ALPHADE ETF IV | UTILITIES ALPH | 33734X184 |  | 6842590 | 161458 | SH |  | SOLE |  | 0 | 0 | 161458 |
| FIVE BELOW INC | COM | 33829M101 |  | 916161 | 6984 | SH |  | SOLE |  | 0 | 0 | 6984 |
| FORTINET INC | COM | 34959E109 |  | 287558 | 2720 | SH |  | SOLE |  | 0 | 0 | 2720 |
| FS CREDIT OPPORTUNITIES | COMMON STOCK | 30290Y101 |  | 254703 | 35083 | SH |  | SOLE |  | 0 | 0 | 35083 |
| GABELLI UTILITY CF | COM | 36240A101 |  | 1227483 | 211635 | SH |  | SOLE |  | 0 | 0 | 211635 |
| GALLAGHER ARTHUR J  CO | COM | 363576109 |  | 618152 | 1931 | SH |  | SOLE |  | 0 | 0 | 1931 |
| GE AEROSPACE | COM | 369604301 |  | 2057318 | 7993 | SH |  | SOLE |  | 0 | 0 | 7993 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 396949 | 1361 | SH |  | SOLE |  | 0 | 0 | 1361 |
| GLDMN SCH EQL WGHT US LRG CAP EQ ETF | EQUAL WEIGHT US | 381430438 |  | 1056840 | 12961 | SH |  | SOLE |  | 0 | 0 | 12961 |
| GRANITESHARES GOLD ETF IV | SHS BEN INT | 38748G101 |  | 1086292 | 33281 | SH |  | SOLE |  | 0 | 0 | 33281 |
| HILTON WORLDWIDE HLDGS I | COM | 43300A203 |  | 210675 | 791 | SH |  | SOLE |  | 0 | 0 | 791 |
| HOME DEPOT INC | COM | 437076102 |  | 838139 | 2286 | SH |  | SOLE |  | 0 | 0 | 2286 |
| IBM CORP | COM | 459200101 |  | 1042637 | 3537 | SH |  | SOLE |  | 0 | 0 | 3537 |
| INNOVATOR DEFINED WEALTHSHIELD ETF | DEFINED WLT SHLD | 45783Y855 |  | 513954 | 16021 | SH |  | SOLE |  | 0 | 0 | 16021 |
| INTERACTIVE BROKERS GROUCLASS A | COM CL A | 45841N107 |  | 1651218 | 29800 | SH |  | SOLE |  | 0 | 0 | 29800 |
| INTUIT | COM | 461202103 |  | 1845450 | 2343 | SH |  | SOLE |  | 0 | 0 | 2343 |
| INTUITIVE SURGICAL INC | COM | 46120E602 |  | 744472 | 1370 | SH |  | SOLE |  | 0 | 0 | 1370 |
| INVESCO NASDAQ 100 ETF | NASDAQ 100 ETF | 46138G649 |  | 3549275 | 15629 | SH |  | SOLE |  | 0 | 0 | 15629 |
| INVESCO QQQ-U ETF | UNIT SER 1 | 46090E103 |  | 25466461 | 46165 | SH |  | SOLE |  | 0 | 0 | 46165 |
| INVESCO SENIOR LOAN ETF | SR LN ETF | 46138G508 |  | 3495947 | 167110 | SH |  | SOLE |  | 0 | 0 | 167110 |
| INVSC ACTVLY MNG OPTM YDDVRS ETF | OPTIMUM YIELD | 46090F100 |  | 145344 | 11146 | SH |  | SOLE |  | 0 | 0 | 11146 |
| INVSC KBW PRPRTY CSLTY INS ETF IV | KBW PPTY CASUT | 46138E586 |  | 327588 | 2667 | SH |  | SOLE |  | 0 | 0 | 2667 |
| INVSC S P 500 EQUAL WEIGHT ETF IV | S EQL WGT | 46137V357 |  | 22048152 | 121317 | SH |  | SOLE |  | 0 | 0 | 121317 |
| INVSC S P 500 MOMENTUM ETF IV | S 500 MOMNTM | 46138E339 |  | 622859 | 5538 | SH |  | SOLE |  | 0 | 0 | 5538 |
| IQVIA HLDGS INC | COM | 46266C105 |  | 289966 | 1840 | SH |  | SOLE |  | 0 | 0 | 1840 |
| IRHYTHM TECHNOLOGIES INC | COM | 450056106 |  | 875263 | 5685 | SH |  | SOLE |  | 0 | 0 | 5685 |
| ISHARES 0-3 MONTH TREASURY BOND ETF | 0-3 MNTH TREASRY | 46436E718 |  | 256860 | 2551 | SH |  | SOLE |  | 0 | 0 | 2551 |
| ISHARES 0-5 YEAR TIPS BOND ETF IV | 0-5 YR TIPS ETF | 46429B747 |  | 680647 | 6614 | SH |  | SOLE |  | 0 | 0 | 6614 |
| ISHARES 1-3 YEAR TREASRYBOND ETF IV | 1 3 YR TREAS BD | 464287457 |  | 5105750 | 61619 | SH |  | SOLE |  | 0 | 0 | 61619 |
| ISHARES 20 PLS YEAR TREASURY BND ETF | 20 YR TR BD ETF | 464287432 |  | 1402204 | 15889 | SH |  | SOLE |  | 0 | 0 | 15889 |
| ISHARES 7-10 YEAR TRSURYBOND ETF | 7-10 YR TRSY BD | 464287440 |  | 24737391 | 258300 | SH |  | SOLE |  | 0 | 0 | 258300 |
| ISHARES BITCOIN ETF | SHS BEN INT | 46438F101 |  | 214480 | 3504 | SH |  | SOLE |  | 0 | 0 | 3504 |
| ISHARES CORE S 500 ETF IV | CORE S ETF | 464287200 |  | 2171908 | 3498 | SH |  | SOLE |  | 0 | 0 | 3498 |
| ISHARES CORE US AGGRGT BOND ETF IV | CORE US AGGBD ET | 464287226 |  | 933571 | 9411 | SH |  | SOLE |  | 0 | 0 | 9411 |
| ISHARES HIGH YIELD CORPORATE ETF IV | 0-5YR HI YL CP | 46434V407 |  | 3319474 | 76947 | SH |  | SOLE |  | 0 | 0 | 76947 |
| ISHARES IBOXX HIGH YIELDBOND ETF IV | IBOXX HI YD ETF | 464288513 |  | 1726717 | 21410 | SH |  | SOLE |  | 0 | 0 | 21410 |
| ISHARES IBOXX INVT GRADEBOND ETF IV | IBOXX INV CP ETF | 464287242 |  | 572295 | 5221 | SH |  | SOLE |  | 0 | 0 | 5221 |
| ISHARES MSCI EAFE ETF IV | MSCI EAFE ETF | 464287465 |  | 1224643 | 13700 | SH |  | SOLE |  | 0 | 0 | 13700 |
| ISHARES MSCI EMER SMALL CAP ETF IV | EM MKT SM-CP ETF | 464286475 |  | 536180 | 8268 | SH |  | SOLE |  | 0 | 0 | 8268 |
| ISHARES MSCI EMERGING MARKETS ETF IV | MSCI EMG MKT ETF | 464287234 |  | 1280772 | 26550 | SH |  | SOLE |  | 0 | 0 | 26550 |
| ISHARES RUSSELL 1000 ETF IV | RUS 1000 ETF | 464287622 |  | 208836 | 615 | SH |  | SOLE |  | 0 | 0 | 615 |
| ISHARES RUSSELL 1000 VALUE ETF IV | RUS 1000 VAL ETF | 464287598 |  | 612796 | 3155 | SH |  | SOLE |  | 0 | 0 | 3155 |
| ISHARES RUSSELL MID CAP GRW ETF IV | RUS MD CP GR ETF | 464287481 |  | 1286396 | 9276 | SH |  | SOLE |  | 0 | 0 | 9276 |
| ISHARES SELECT DIVIDEND ETF IV | SELECT DIVID ETF | 464287168 |  | 790831 | 5955 | SH |  | SOLE |  | 0 | 0 | 5955 |
| ISHARES SHORT TREASURY BOND ETF IV | SHORT TREAS BD | 464288679 |  | 2012294 | 18224 | SH |  | SOLE |  | 0 | 0 | 18224 |
| ISHARES TOTAL US STOCK MARKET ETF IV | CORE S TTL STK | 464287150 |  | 3841753 | 28449 | SH |  | SOLE |  | 0 | 0 | 28449 |
| ISHARES U S CONSUMER DISCRTRY ETF IV | U.S. CNSM SV ETF | 464287580 |  | 1164613 | 11688 | SH |  | SOLE |  | 0 | 0 | 11688 |
| ISHARES U S CONSUMER STAPLES ETF IV | US CONSM STAPLES | 464287812 |  | 475740 | 6750 | SH |  | SOLE |  | 0 | 0 | 6750 |
| ISHARES ULTRA SHRT DUR BD ACT ETF IV | BLACKROCK ULTRA | 46434V878 |  | 3831318 | 75554 | SH |  | SOLE |  | 0 | 0 | 75554 |
| ISHARES US AEROSPACE DEFENSE ETF | US AER DEF ETF | 464288760 |  | 263153 | 1395 | SH |  | SOLE |  | 0 | 0 | 1395 |
| ISHARES US FINANCIALS ETF IV | U.S. FINLS ETF | 464287788 |  | 1083102 | 8952 | SH |  | SOLE |  | 0 | 0 | 8952 |
| ISHARES US TECHNOLOGY ETF IV | U.S. TECH ETF | 464287721 |  | 2733698 | 15777 | SH |  | SOLE |  | 0 | 0 | 15777 |
| ISHARES US TELECOM ETF IV | US TELECOM ETF | 464287713 |  | 205065 | 6886 | SH |  | SOLE |  | 0 | 0 | 6886 |
| JANUS HENDERSON AAA CLO ETF | HENDRSON AAA CL | 47103U845 |  | 24742458 | 487536 | SH |  | SOLE |  | 0 | 0 | 487536 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 370877 | 2428 | SH |  | SOLE |  | 0 | 0 | 2428 |
| JOHNSON CONTROLS INT F | SHS | G51502105 |  | 335977 | 3181 | SH |  | SOLE |  | 0 | 0 | 3181 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 2609005 | 8999 | SH |  | SOLE |  | 0 | 0 | 8999 |
| KENSINGTON HEDGED PREM INC ETF | KENSINGTON HEDGE | 56167N183 |  | 463888 | 18350 | SH |  | SOLE |  | 0 | 0 | 18350 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 263395 | 8959 | SH |  | SOLE |  | 0 | 0 | 8959 |
| KKR  CO INC | COM | 48251W104 |  | 488353 | 3671 | SH |  | SOLE |  | 0 | 0 | 3671 |
| KLA CORP | COM NEW | 482480100 |  | 251703 | 281 | SH |  | SOLE |  | 0 | 0 | 281 |
| LAM RESH CORP | COM | 512807108 |  | 231085 | 2374 | SH |  | SOLE |  | 0 | 0 | 2374 |
| LAMAR ADVERTISING CO NEWREIT | CL A | 512816109 |  | 288109 | 2374 | SH |  | SOLE |  | 0 | 0 | 2374 |
| LLOYDS BANKING GROUP P FSPONSORED ADR 1 ADR REPS 4 ORD SHS | ADR SPONSORED | 539439109 |  | 100865 | 23733 | SH |  | SOLE |  | 0 | 0 | 23733 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 421921 | 911 | SH |  | SOLE |  | 0 | 0 | 911 |
| MAIN BUYWRITE ETF | MAIN BUYWRITE | 66538H179 |  | 17494851 | 1246072 | SH |  | SOLE |  | 0 | 0 | 1246072 |
| MARKEL GROUP INC | COM | 570535104 |  | 361522 | 181 | SH |  | SOLE |  | 0 | 0 | 181 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 695062 | 8980 | SH |  | SOLE |  | 0 | 0 | 8980 |
| MASTERCARD INC CLASS A | COM CL A | 57636Q104 |  | 689500 | 1227 | SH |  | SOLE |  | 0 | 0 | 1227 |
| MCDONALDS CORP | COM | 580135101 |  | 292754 | 1002 | SH |  | SOLE |  | 0 | 0 | 1002 |
| MCKESSON CORP | COM | 58155Q103 |  | 994382 | 1357 | SH |  | SOLE |  | 0 | 0 | 1357 |
| MEDTRONIC PLC F | SHS | G5960L103 |  | 304485 | 3493 | SH |  | SOLE |  | 0 | 0 | 3493 |
| MERCK  CO. INC. | COM | 58933Y105 |  | 258457 | 3265 | SH |  | SOLE |  | 0 | 0 | 3265 |
| META PLATFORMS INC CLASS A | COM CL A | 30303M102 |  | 3502975 | 4746 | SH |  | SOLE |  | 0 | 0 | 4746 |
| METLIFE INC | COM | 59156R108 |  | 346851 | 4313 | SH |  | SOLE |  | 0 | 0 | 4313 |
| MICROSOFT CORP | COM | 594918104 |  | 10474469 | 21058 | SH |  | SOLE |  | 0 | 0 | 21058 |
| MONOLITHIC PWR SYS INC | COM | 609839105 |  | 421292 | 576 | SH |  | SOLE |  | 0 | 0 | 576 |
| MONSTER BEVERAGE CORP NE | COM | 61174X109 |  | 246864 | 3941 | SH |  | SOLE |  | 0 | 0 | 3941 |
| NETFLIX INC | COM | 64110L106 |  | 941408 | 703 | SH |  | SOLE |  | 0 | 0 | 703 |
| NETGEAR INC | COM | 64111Q104 |  | 1029892 | 35428 | SH |  | SOLE |  | 0 | 0 | 35428 |
| NNN REIT INC REIT | COM | 637417106 |  | 294149 | 6812 | SH |  | SOLE |  | 0 | 0 | 6812 |
| NRG ENERGY INC | COM NEW | 629377508 |  | 975845 | 6077 | SH |  | SOLE |  | 0 | 0 | 6077 |
| NVIDIA CORP | COM | 67066G104 |  | 13538798 | 85694 | SH |  | SOLE |  | 0 | 0 | 85694 |
| ORACLE CORP | COM | 68389X105 |  | 1213397 | 5550 | SH |  | SOLE |  | 0 | 0 | 5550 |
| PALANTIR TECHNOLOGIES INCLASS A | CL A | 69608A108 |  | 634297 | 4653 | SH |  | SOLE |  | 0 | 0 | 4653 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 470672 | 2300 | SH |  | SOLE |  | 0 | 0 | 2300 |
| PARKER-HANNIFIN CORP | COM | 701094104 |  | 565062 | 809 | SH |  | SOLE |  | 0 | 0 | 809 |
| PEPSICO INC | COM | 713448108 |  | 338947 | 2567 | SH |  | SOLE |  | 0 | 0 | 2567 |
| PFIZER INC | COM | 717081103 |  | 312938 | 12910 | SH |  | SOLE |  | 0 | 0 | 12910 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 1672136 | 9181 | SH |  | SOLE |  | 0 | 0 | 9181 |
| PINNACLE FINL PARTNERS I | COM | 72346Q104 |  | 205583 | 1862 | SH |  | SOLE |  | 0 | 0 | 1862 |
| PROCTER  GAMBLE CO | COM | 742718109 |  | 1303308 | 8180 | SH |  | SOLE |  | 0 | 0 | 8180 |
| PROGRESSIVE CORP OH | COM | 743315103 |  | 590294 | 2212 | SH |  | SOLE |  | 0 | 0 | 2212 |
| PROSHARES SHORT S 500 ETF | SHORT S 500 NE | 74347B425 |  | 910378 | 22943 | SH |  | SOLE |  | 0 | 0 | 22943 |
| PROSHARES ULTRA QQQ ETF | PSHS ULTRA QQQ | 74347R206 |  | 653055 | 5548 | SH |  | SOLE |  | 0 | 0 | 5548 |
| PROSHRES ULTRASHT 20 PLSYR ETF IV | PSHS ULTSH 20YRS | 74347B201 |  | 492032 | 14026 | SH |  | SOLE |  | 0 | 0 | 14026 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 407145 | 3790 | SH |  | SOLE |  | 0 | 0 | 3790 |
| QUALCOMM INC | COM | 747525103 |  | 650896 | 4087 | SH |  | SOLE |  | 0 | 0 | 4087 |
| REDDIT INC CLASS A | CL A | 75734B100 |  | 301140 | 2000 | SH |  | SOLE |  | 0 | 0 | 2000 |
| REGENERON PHARMACEUTICAL | COM | 75886F107 |  | 263025 | 501 | SH |  | SOLE |  | 0 | 0 | 501 |
| ROBINHOOD MKTS INC CLASS A | COM CL A | 770700102 |  | 207671 | 2218 | SH |  | SOLE |  | 0 | 0 | 2218 |
| ROYAL CARIBBEAN GROU F | COM | V7780T103 |  | 311135 | 994 | SH |  | SOLE |  | 0 | 0 | 994 |
| ROYAL GOLD INC | COM | 780287108 |  | 788543 | 4434 | SH |  | SOLE |  | 0 | 0 | 4434 |
| RTX CORP | COM | 75513E101 |  | 1031714 | 7066 | SH |  | SOLE |  | 0 | 0 | 7066 |
| S GLOBAL INC | COM | 78409V104 |  | 236753 | 449 | SH |  | SOLE |  | 0 | 0 | 449 |
| SALESFORCE INC | COM | 79466L302 |  | 927010 | 3400 | SH |  | SOLE |  | 0 | 0 | 3400 |
| SCHWAB US LARGE CAP ETF | US LRG CAP ETF | 808524201 |  | 2233975 | 91407 | SH |  | SOLE |  | 0 | 0 | 91407 |
| SCHWAB US SMALL CAP ETF | US SML CAP ETF | 808524607 |  | 1047592 | 41407 | SH |  | SOLE |  | 0 | 0 | 41407 |
| SCHWAB US TIPS ETF | US TIPS ETF | 808524870 |  | 4279712 | 160409 | SH |  | SOLE |  | 0 | 0 | 160409 |
| SELECT SECTOR UTI SELECTSPDR ETF IV | SBI INT-UTILS | 81369Y886 |  | 1920301 | 23516 | SH |  | SOLE |  | 0 | 0 | 23516 |
| SERVICENOW INC | COM | 81762P102 |  | 961255 | 935 | SH |  | SOLE |  | 0 | 0 | 935 |
| SHERWIN-WILLIAMS CO | COM | 824348106 |  | 287392 | 837 | SH |  | SOLE |  | 0 | 0 | 837 |
| SNOWFLAKE INC CLASS A | CL A | 833445109 |  | 219742 | 982 | SH |  | SOLE |  | 0 | 0 | 982 |
| SOFI TECHNOLOGIES INC | COM | 83406F102 |  | 1237260 | 67944 | SH |  | SOLE |  | 0 | 0 | 67944 |
| SOUTHERN CO | COM | 842587107 |  | 377329 | 4109 | SH |  | SOLE |  | 0 | 0 | 4109 |
| SPDR AGGREGATE BOND ETF IV | PORTFOLIO AGRGTE | 78464A649 |  | 320973 | 12538 | SH |  | SOLE |  | 0 | 0 | 12538 |
| SPDR BLMBRG BRCLY HGH YDBND ETF | BLOOMBERG HIGH Y | 78468R622 |  | 1418010 | 14578 | SH |  | SOLE |  | 0 | 0 | 14578 |
| SPDR BLOOMBERG 1 3 MNTH T BLL ETF IV | BLOOMBERG 1-3 MO | 78468R663 |  | 14511078 | 158193 | SH |  | SOLE |  | 0 | 0 | 158193 |
| SPDR FUND CONSUMER STAPLES ETF IV | SBI CONS STPLS | 81369Y308 |  | 1767743 | 21832 | SH |  | SOLE |  | 0 | 0 | 21832 |
| SPDR GOLD SHARES ETF | GOLD SHS | 78463V107 |  | 8092017 | 26546 | SH |  | SOLE |  | 0 | 0 | 26546 |
| SPDR PORT INTER TRM TRSRY ETF IV | PORTFLI INTRMDIT | 78464A672 |  | 680957 | 23669 | SH |  | SOLE |  | 0 | 0 | 23669 |
| SPDR PORTFOLIO DVLPD WRLD EX-US ETF | PORTFOLIO DEVLPD | 78463X889 |  | 2147411 | 53036 | SH |  | SOLE |  | 0 | 0 | 53036 |
| SPDR PORTFOLIO S P 1500 CMPST ETF IV | PORTFOLI S | 78464A805 |  | 1608964 | 21484 | SH |  | SOLE |  | 0 | 0 | 21484 |
| SPDR S 500 ETF IV | TR UNIT | 78462F103 |  | 35311371 | 57152 | SH |  | SOLE |  | 0 | 0 | 57152 |
| SPDR S 500 GROWTH ETF IV | PRTFLO S GW | 78464A409 |  | 543801 | 5705 | SH |  | SOLE |  | 0 | 0 | 5705 |
| SPOTIFY TECHNOLOGY S A F | COM | L8681T102 |  | 554787 | 723 | SH |  | SOLE |  | 0 | 0 | 723 |
| SPROUTS FMRS MKT INC | COM | 85208M102 |  | 1440106 | 8747 | SH |  | SOLE |  | 0 | 0 | 8747 |
| STAR GOLD CORP | COM | 85512U303 |  | 142 | 14200 | SH |  | SOLE |  | 0 | 0 | 14200 |
| STARBUCKS CORP | COM | 855244109 |  | 694464 | 7579 | SH |  | SOLE |  | 0 | 0 | 7579 |
| STRYKER CORP | COM | 863667101 |  | 232235 | 587 | SH |  | SOLE |  | 0 | 0 | 587 |
| TAIWAN SEMICONDUCTOR M FSPONSORED ADR 1 ADR REPS 5 ORD SHS | ADR SPONSORED | 874039100 |  | 908225 | 4010 | SH |  | SOLE |  | 0 | 0 | 4010 |
| TAPESTRY INC | COM | 876030107 |  | 947119 | 10786 | SH |  | SOLE |  | 0 | 0 | 10786 |
| TARGET CORP EQUITY CLASS EQUITY | COM | 87612E106 |  | 297923 | 3020 | SH |  | SOLE |  | 0 | 0 | 3020 |
| TECHNOLOGY SELECT SECTORSPDR ETF IV | TECHNOLOGY | 81369Y803 |  | 200305 | 791 | SH |  | SOLE |  | 0 | 0 | 791 |
| TESLA INC | COM | 88160R101 |  | 2148970 | 6765 | SH |  | SOLE |  | 0 | 0 | 6765 |
| THE COCA-COLA CO | COM | 191216100 |  | 662091 | 9358 | SH |  | SOLE |  | 0 | 0 | 9358 |
| THE TRADE DESK INC CLASS A | CL A | 88339J105 |  | 329786 | 4581 | SH |  | SOLE |  | 0 | 0 | 4581 |
| THERMO FISHER SCIENTIFIC | COM | 883556102 |  | 224219 | 553 | SH |  | SOLE |  | 0 | 0 | 553 |
| TRANE TECHNOLOGIES PLC F | SHS | G8994E103 |  | 535390 | 1224 | SH |  | SOLE |  | 0 | 0 | 1224 |
| TTM TECHNOLOGIES INC | COM | 87305R109 |  | 965556 | 23654 | SH |  | SOLE |  | 0 | 0 | 23654 |
| TWILIO INC CLASS A | COM | 90138F102 |  | 1233029 | 9915 | SH |  | SOLE |  | 0 | 0 | 9915 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 849776 | 9108 | SH |  | SOLE |  | 0 | 0 | 9108 |
| UNITED PARCEL SVC INC CLASS B | COM CL B | 911312106 |  | 528646 | 5237 | SH |  | SOLE |  | 0 | 0 | 5237 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 513347 | 1646 | SH |  | SOLE |  | 0 | 0 | 1646 |
| US BANCORP DEL | COM | 902973304 |  | 229553 | 5073 | SH |  | SOLE |  | 0 | 0 | 5073 |
| VANECK FALLEN ANGEL HIGHYLD BND ETF | FALLEN ANGEL HG | 92189F437 |  | 908880 | 31041 | SH |  | SOLE |  | 0 | 0 | 31041 |
| VANECK IG FLOATING RATE ETF IV | IG FLOATING RATE | 92189F486 |  | 28213284 | 1106403 | SH |  | SOLE |  | 0 | 0 | 1106403 |
| VANECK SEMICONDUCTOR ETF | SEMICONDUCTR ETF | 92189F676 |  | 1177732 | 4223 | SH |  | SOLE |  | 0 | 0 | 4223 |
| VANGUARD EMERGING MARKT GOVT BND ETF | EM MK GOV BD ETF | 921946885 |  | 458695 | 7019 | SH |  | SOLE |  | 0 | 0 | 7019 |
| VANGUARD FTSE ALL WORLD EX US ETF IV | ALLWRLD EX US | 922042775 |  | 1189592 | 17697 | SH |  | SOLE |  | 0 | 0 | 17697 |
| VANGUARD FTSE DEVELOPED MATS ETF IV | VAN FTSE DEV MKT | 921943858 |  | 232715 | 4082 | SH |  | SOLE |  | 0 | 0 | 4082 |
| VANGUARD FTSE EMERGING MARK ETF IV | FTSE EMR MKT ETF | 922042858 |  | 642238 | 12985 | SH |  | SOLE |  | 0 | 0 | 12985 |
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUN | INT-TERM CORP | 92206C870 |  | 4657202 | 56165 | SH |  | SOLE |  | 0 | 0 | 56165 |
| VANGUARD RUSSELL 1000 GROWTH ETF | VNG RUS1000GRW | 92206C680 |  | 2260986 | 20705 | SH |  | SOLE |  | 0 | 0 | 20705 |
| VANGUARD RUSSELL 1000 VALUE ETF | VNG RUS1000VAL | 92206C714 |  | 1241680 | 14572 | SH |  | SOLE |  | 0 | 0 | 14572 |
| VANGUARD RUSSELL 2000 GROWTH ETF | VNG RUS2000GRW | 92206C623 |  | 8259373 | 39619 | SH |  | SOLE |  | 0 | 0 | 39619 |
| VANGUARD RUSSELL 2000 VALUE ETF | VNG RUS2000VAL | 92206C649 |  | 7134482 | 51294 | SH |  | SOLE |  | 0 | 0 | 51294 |
| VANGUARD S 500 ETF IV | S 500 ETF SHS | 922908363 |  | 18443055 | 32468 | SH |  | SOLE |  | 0 | 0 | 32468 |
| VANGUARD S 500 GROWTH ETF IV | S 500 ETF SHS | 921932505 |  | 5512699 | 13902 | SH |  | SOLE |  | 0 | 0 | 13902 |
| VANGUARD S 500 VALUE ETF IV | 500 VAL IDX FD | 921932703 |  | 4752473 | 25184 | SH |  | SOLE |  | 0 | 0 | 25184 |
| VANGUARD SHORT TERM COR BD ETF | SHRT TRM CORP BD | 92206C409 |  | 4112138 | 51725 | SH |  | SOLE |  | 0 | 0 | 51725 |
| VANGUARD SHRT INF PROT SEC INDEX ETF | STRM INFPROIDX | 922020805 |  | 3318196 | 66007 | SH |  | SOLE |  | 0 | 0 | 66007 |
| VANGUARD TOTAL INTERNATIONAL STK ETF | VG TL INTL STK F | 921909768 |  | 1071655 | 15511 | SH |  | SOLE |  | 0 | 0 | 15511 |
| VANGUARD TOTAL STOCK MARKET E ETF IV | TOTAL STK MKT | 922908769 |  | 875932 | 2882 | SH |  | SOLE |  | 0 | 0 | 2882 |
| VEEVA SYS INC CLASS A | CL A COM | 922475108 |  | 399140 | 1386 | SH |  | SOLE |  | 0 | 0 | 1386 |
| VERALTO CORP | COM SHS | 92338C103 |  | 309816 | 3069 | SH |  | SOLE |  | 0 | 0 | 3069 |
| VERISK ANALYTICS INC CLASS A | COM | 92345Y106 |  | 233002 | 748 | SH |  | SOLE |  | 0 | 0 | 748 |
| VERIZON COMMUNICATIONS I | COM | 92343V104 |  | 632022 | 14606 | SH |  | SOLE |  | 0 | 0 | 14606 |
| VIRTU FINL INC CLASS A | CL A | 928254101 |  | 1414065 | 31571 | SH |  | SOLE |  | 0 | 0 | 31571 |
| VISA INC CLASS A | COM CL A | 92826C839 |  | 1983038 | 5585 | SH |  | SOLE |  | 0 | 0 | 5585 |
| WALMART INC | COM | 931142103 |  | 1228621 | 12565 | SH |  | SOLE |  | 0 | 0 | 12565 |
| WELLS FARGO  CO | COM | 949746101 |  | 567456 | 7083 | SH |  | SOLE |  | 0 | 0 | 7083 |
| WEST PHARMACEUTICAL SVCS | COM | 955306105 |  | 329513 | 1506 | SH |  | SOLE |  | 0 | 0 | 1506 |
| WISDOMTREE BLOMBRG US DOL BUL ETF IV | BLMBG US BULL | 97717W471 |  | 4880735 | 189396 | SH |  | SOLE |  | 0 | 0 | 189396 |
| WORKDAY INC CLASS A | COM CL A | 98138H101 |  | 524880 | 2187 | SH |  | SOLE |  | 0 | 0 | 2187 |
| XTRACKERS USD HGH YLD CRBND ETF IV | XTRACK USD HIGH | 233051432 |  | 865331 | 23438 | SH |  | SOLE |  | 0 | 0 | 23438 |
| YIELDMAX UNIVRS FD OPT INCOM ETF | YIELDMAX UNIVERS | 88636J659 |  | 164157 | 11930 | SH |  | SOLE |  | 0 | 0 | 11930 |
| ZACKS EARNINGS CONSISTENT PORT ETF | EARNGS CONSTANT | 98888G105 |  | 3755998 | 117706 | SH |  | SOLE |  | 0 | 0 | 117706 |
| ZEGA BUY AND HEDGE ETF | ZEGA BUY AND HED | 886364660 |  | 301941 | 14169 | SH |  | SOLE |  | 0 | 0 | 14169 |
| ZOETIS INC CLASS A | COM CL A | 98978V103 |  | 240163 | 1540 | SH |  | SOLE |  | 0 | 0 | 1540 |
| ZSCALER INC | COM | 98980G102 |  | 1210553 | 3856 | SH |  | SOLE |  | 0 | 0 | 3856 |

---