# EDGAR Filing Document

**Accession Number:** 0001817174
**File Stem:** 0001817174-23-000001
**Filing Date:** 2023-2
**Character Count:** 23344
**Document Hash:** 1b1448e6868bc07183e846e7eb3e5a32
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001817174-23-000001.hdr.sgml**: 20230213

**ACCESSION NUMBER**: 0001817174-23-000001

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230213

**DATE AS OF CHANGE**: 20230213

**EFFECTIVENESS DATE**: 20230213

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Prudent Man Advisors, LLC
- **CENTRAL INDEX KEY:** 0001817174
- **IRS NUMBER:** 364106186
- **STATE OF INCORPORATION:** IL
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-20318
- **FILM NUMBER:** 23615111

**BUSINESS ADDRESS:**
- **STREET 1:** 2135 CITY GATE LANE
- **STREET 2:** 7TH FLOOR
- **CITY:** NAPERVILLE
- **STATE:** IL
- **ZIP:** 60563
- **BUSINESS PHONE:** 6306576498

**MAIL ADDRESS:**
- **STREET 1:** 2135 CITY GATE LANE
- **STREET 2:** 7TH FLOOR
- **CITY:** NAPERVILLE
- **STATE:** IL
- **ZIP:** 60563

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**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:** Prudent Man Advisors LLC<br>**Address:** 2135 CITY GATE LANE<br>7TH FLOOR<br>NAPERVILLE, IL 60563

**Form 13F File Number:** 028-20318

**CRD Number (if applicable):** 000301973

**SEC File Number (if applicable):** 801-115313

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:** Kevin Kulling<br>**Title:** Deputy Chief Compliance Officer<br>**Phone:** 6306576498

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

Kevin Kulling  Naperville, IL  02-10-2023<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:** 202

**Form 13F Information Table Value Total:** $247444

      (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 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 37175 | 194381 | SH |  | SOLE | --- | 194024 | 0 | 357 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 |  | 20343 | 283211 | SH |  | SOLE | --- | 172802 | 0 | 110409 |
| VANGUARD STAR FDS | VG TL INTL STK F | 921909768 |  | 2342 | 45204 | SH |  | SOLE | --- | 40889 | 0 | 4315 |
| VANGUARD BD INDEX FDS | INTERMED TERM | 921937819 |  | 3933 | 52978 | SH |  | SOLE | --- | 47887 | 0 | 5091 |
| VANGUARD BD INDEX FDS | SHORT TRM BOND | 921937827 |  | 6523 | 86731 | SH |  | SOLE | --- | 86731 | 0 | 0 |
| ISHARES TR | BLACKROCK ULTRA | 46434V878 |  | 1380 | 27575 | SH |  | SOLE | --- | 27575 | 0 | 0 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 |  | 2534 | 23415 | SH |  | SOLE | --- | 17553 | 0 | 5862 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 3342 | 40532 | SH |  | SOLE | --- | 25415 | 0 | 15117 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 7580 | 180307 | SH |  | SOLE | --- | 100771 | 0 | 79536 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 4023 | 23061 | SH |  | SOLE | --- | 12547 | 0 | 10514 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 1024 | 26274 | SH |  | SOLE | --- | 10939 | 0 | 15335 |
| ISHARES TR | ESG AWR MSCI USA | 46435G425 |  | 7206 | 85003 | SH |  | SOLE | --- | 33028 | 0 | 51975 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 |  | 18495 | 252628 | SH |  | SOLE | --- | 233656 | 0 | 18972 |
| SPDR SER TR | BLOOMBERG HIGH Y | 78468R622 |  | 1496 | 16677 | SH |  | SOLE | --- | 14564 | 0 | 2113 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 2001 | 23533 | SH |  | SOLE | --- | 21619 | 0 | 1914 |
| MICROSOFT CORP | COM | 594918104 |  | 3752 | 15644 | SH |  | SOLE | --- | 12747 | 0 | 2897 |
| CONSTELLATION BRANDS INC | CL A | 21036P108 |  | 562 | 2422 | SH |  | SOLE | --- | 1865 | 0 | 557 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 1806 | 17846 | SH |  | SOLE | --- | 16079 | 0 | 1767 |
| SALESFORCE INC | COM | 79466L302 |  | 703 | 5299 | SH |  | SOLE | --- | 4112 | 0 | 1187 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 875 | 1916 | SH |  | SOLE | --- | 1484 | 0 | 432 |
| ABBOTT LABS | COM | 002824100 |  | 1672 | 15229 | SH |  | SOLE | --- | 13642 | 0 | 1587 |
| VISA INC | COM CL A | 92826C839 |  | 1024 | 4931 | SH |  | SOLE | --- | 3809 | 0 | 1122 |
| APPLIED MATLS INC | COM | 038222105 |  | 668 | 6859 | SH |  | SOLE | --- | 5367 | 0 | 1492 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 1321 | 2491 | SH |  | SOLE | --- | 1932 | 0 | 559 |
| LAM RESEARCH CORP | COM | 512807108 |  | 1169 | 2781 | SH |  | SOLE | --- | 2481 | 0 | 300 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 1121 | 12705 | SH |  | SOLE | --- | 10214 | 0 | 2491 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 671 | 1230 | SH |  | SOLE | --- | 962 | 0 | 268 |
| SYNCHRONY FINANCIAL | COM | 87165B103 |  | 576 | 17525 | SH |  | SOLE | --- | 13615 | 0 | 3910 |
| HUMANA INC | COM | 444859102 |  | 635 | 1239 | SH |  | SOLE | --- | 966 | 0 | 273 |
| DUPONT DE NEMOURS INC | COM | 26614N102 |  | 1262 | 18392 | SH |  | SOLE | --- | 16325 | 0 | 2067 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 1372 | 15466 | SH |  | SOLE | --- | 13014 | 0 | 2452 |
| L3HARRIS TECHNOLOGIES INC | COM | 502431109 |  | 1135 | 5453 | SH |  | SOLE | --- | 4865 | 0 | 588 |
| FLEETCOR TECHNOLOGIES INC | COM | 339041105 |  | 335 | 1826 | SH |  | SOLE | --- | 1420 | 0 | 406 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 |  | 713 | 15419 | SH |  | SOLE | --- | 11927 | 0 | 3492 |
| LKQ CORP | COM | 501889208 |  | 684 | 12809 | SH |  | SOLE | --- | 9896 | 0 | 2913 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 |  | 639 | 2213 | SH |  | SOLE | --- | 1714 | 0 | 499 |
| KEYSIGHT TECHNOLOGIES INC | COM | 49338L103 |  | 599 | 3500 | SH |  | SOLE | --- | 2696 | 0 | 804 |
| APPLE INC | COM | 037833100 |  | 3982 | 30649 | SH |  | SOLE | --- | 24507 | 0 | 6142 |
| SEMPRA | COM | 816851109 |  | 493 | 3187 | SH |  | SOLE | --- | 2537 | 0 | 650 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 1778 | 21272 | SH |  | SOLE | --- | 19450 | 0 | 1822 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 1067 | 3068 | SH |  | SOLE | --- | 2378 | 0 | 690 |
| EQUINIX INC | COM | 29444U700 |  | 1078 | 1645 | SH |  | SOLE | --- | 1485 | 0 | 160 |
| AMERIPRISE FINL INC | COM | 03076C106 |  | 1746 | 5609 | SH |  | SOLE | --- | 5105 | 0 | 504 |
| FMC CORP | COM NEW | 302491303 |  | 589 | 4717 | SH |  | SOLE | --- | 3652 | 0 | 1065 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 2004 | 3639 | SH |  | SOLE | --- | 3238 | 0 | 401 |
| PROLOGIS INC. | COM | 74340W103 |  | 2298 | 20389 | SH |  | SOLE | --- | 19220 | 0 | 1169 |
| BROADCOM INC | COM | 11135F101 |  | 1558 | 2787 | SH |  | SOLE | --- | 2417 | 0 | 370 |
| EOG RES INC | COM | 26875P101 |  | 818 | 6313 | SH |  | SOLE | --- | 4893 | 0 | 1420 |
| BLACKROCK INC | COM | 09247X101 |  | 1860 | 2625 | SH |  | SOLE | --- | 2390 | 0 | 235 |
| AMETEK INC | COM | 031100100 |  | 668 | 4779 | SH |  | SOLE | --- | 3706 | 0 | 1073 |
| T-MOBILE US INC | COM | 872590104 |  | 662 | 4727 | SH |  | SOLE | --- | 3646 | 0 | 1081 |
| HONEYWELL INTL INC | COM | 438516106 |  | 1709 | 7975 | SH |  | SOLE | --- | 7168 | 0 | 807 |
| AMAZON COM INC | COM | 023135106 |  | 1505 | 17916 | SH |  | SOLE | --- | 14064 | 0 | 3852 |
| QUANTA SVCS INC | COM | 74762E102 |  | 645 | 4524 | SH |  | SOLE | --- | 3536 | 0 | 988 |
| WALMART INC | COM | 931142103 |  | 824 | 5811 | SH |  | SOLE | --- | 4508 | 0 | 1303 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 1051 | 8908 | SH |  | SOLE | --- | 7003 | 0 | 1905 |
| MERCK  CO INC | COM | 58933Y105 |  | 2227 | 20072 | SH |  | SOLE | --- | 17903 | 0 | 2169 |
| GALLAGHER ARTHUR J  CO | COM | 363576109 |  | 688 | 3648 | SH |  | SOLE | --- | 2845 | 0 | 803 |
| INCYTE CORP | COM | 45337C102 |  | 553 | 6884 | SH |  | SOLE | --- | 5360 | 0 | 1524 |
| PIONEER NAT RES CO | COM | 723787107 |  | 657 | 2876 | SH |  | SOLE | --- | 2234 | 0 | 642 |
| ELECTRONIC ARTS INC | COM | 285512109 |  | 1236 | 10119 | SH |  | SOLE | --- | 9089 | 0 | 1030 |
| BECTON DICKINSON  CO | COM | 075887109 |  | 1587 | 6239 | SH |  | SOLE | --- | 5531 | 0 | 708 |
| JACOBS SOLUTIONS INC | COM | 46982L108 |  | 506 | 4217 | SH |  | SOLE | --- | 3247 | 0 | 970 |
| SYSCO CORP | COM | 871829107 |  | 499 | 6527 | SH |  | SOLE | --- | 5013 | 0 | 1514 |
| S GLOBAL INC | COM | 78409V104 |  | 648 | 1935 | SH |  | SOLE | --- | 1486 | 0 | 449 |
| CHIPOTLE MEXICAN GRILL INC | COM | 169656105 |  | 506 | 365 | SH |  | SOLE | --- | 284 | 0 | 81 |
| LABORATORY CORP AMER HLDGS | COM NEW | 50540R409 |  | 651 | 2766 | SH |  | SOLE | --- | 2127 | 0 | 639 |
| CITIGROUP INC | COM NEW | 172967424 |  | 1354 | 29934 | SH |  | SOLE | --- | 27275 | 0 | 2659 |
| DISNEY WALT CO | COM | 254687106 |  | 1032 | 11881 | SH |  | SOLE | --- | 10933 | 0 | 948 |
| SVB FINANCIAL GROUP | COM | 78486Q101 |  | 265 | 1150 | SH |  | SOLE | --- | 948 | 0 | 202 |
| TESLA INC | COM | 88160R101 |  | 203 | 1650 | SH |  | SOLE | --- | 1380 | 0 | 270 |
| STARBUCKS CORP | COM | 855244109 |  | 1322 | 13327 | SH |  | SOLE | --- | 12037 | 0 | 1290 |
| NETFLIX INC | COM | 64110L106 |  | 294 | 998 | SH |  | SOLE | --- | 827 | 0 | 171 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 454 | 13824 | SH |  | SOLE | --- | 11382 | 0 | 2442 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 1851 | 13803 | SH |  | SOLE | --- | 12556 | 0 | 1247 |
| CAESARS ENTERTAINMENT INC NE | COM | 12769G100 |  | 372 | 8944 | SH |  | SOLE | --- | 7336 | 0 | 1608 |
| FIDELITY NATL INFORMATION SV | COM | 31620M106 |  | 337 | 4963 | SH |  | SOLE | --- | 4089 | 0 | 874 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 641 | 318 | SH |  | SOLE | --- | 264 | 0 | 54 |
| HUNTSMAN CORP | COM | 447011107 |  | 532 | 19366 | SH |  | SOLE | --- | 19366 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 517 | 13129 | SH |  | SOLE | --- | 13129 | 0 | 0 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 953 | 7510 | SH |  | SOLE | --- | 7510 | 0 | 0 |
| RAYTHEON TECHNOLOGIES CORP | COM | 75513E101 |  | 1119 | 11091 | SH |  | SOLE | --- | 11091 | 0 | 0 |
| HARTFORD FINL SVCS GROUP INC | COM | 416515104 |  | 741 | 9773 | SH |  | SOLE | --- | 9773 | 0 | 0 |
| FIDELITY NATIONAL FINANCIAL | FNF GROUP COM | 31620R303 |  | 569 | 15112 | SH |  | SOLE | --- | 15112 | 0 | 0 |
| INVITATION HOMES INC | COM | 46187W107 |  | 794 | 26794 | SH |  | SOLE | --- | 26794 | 0 | 0 |
| TARGET CORP | COM | 87612E106 |  | 704 | 4724 | SH |  | SOLE | --- | 4724 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 1071 | 7065 | SH |  | SOLE | --- | 7065 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 598 | 7696 | SH |  | SOLE | --- | 7696 | 0 | 0 |
| ELEVANCE HEALTH INC | COM | 036752103 |  | 816 | 1590 | SH |  | SOLE | --- | 1590 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 641 | 3967 | SH |  | SOLE | --- | 3967 | 0 | 0 |
| F N B CORP | COM | 302520101 |  | 765 | 58587 | SH |  | SOLE | --- | 58587 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 1357 | 40984 | SH |  | SOLE | --- | 40984 | 0 | 0 |
| ARCHER DANIELS MIDLAND CO | COM | 039483102 |  | 858 | 9241 | SH |  | SOLE | --- | 9241 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 684 | 1407 | SH |  | SOLE | --- | 1407 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 1216 | 25531 | SH |  | SOLE | --- | 25531 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 833 | 23819 | SH |  | SOLE | --- | 23819 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 621 | 9757 | SH |  | SOLE | --- | 9757 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 1817 | 10121 | SH |  | SOLE | --- | 10121 | 0 | 0 |
| MARATHON PETE CORP | COM | 56585A102 |  | 992 | 8519 | SH |  | SOLE | --- | 8519 | 0 | 0 |
| EASTMAN CHEM CO | COM | 277432100 |  | 527 | 6476 | SH |  | SOLE | --- | 6476 | 0 | 0 |
| DOVER CORP | COM | 260003108 |  | 568 | 4191 | SH |  | SOLE | --- | 4191 | 0 | 0 |
| IRON MTN INC DEL | COM | 46284V101 |  | 651 | 13053 | SH |  | SOLE | --- | 13053 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 1017 | 3220 | SH |  | SOLE | --- | 3220 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 |  | 745 | 7753 | SH |  | SOLE | --- | 7753 | 0 | 0 |
| WILLIAMS COS INC | COM | 969457100 |  | 689 | 20930 | SH |  | SOLE | --- | 20930 | 0 | 0 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 |  | 712 | 7502 | SH |  | SOLE | --- | 7502 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 704 | 17055 | SH |  | SOLE | --- | 17055 | 0 | 0 |
| ARES MANAGEMENT CORPORATION | CL A COM STK | 03990B101 |  | 683 | 9976 | SH |  | SOLE | --- | 9976 | 0 | 0 |
| DOMINION ENERGY INC | COM | 25746U109 |  | 595 | 9701 | SH |  | SOLE | --- | 9701 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 886 | 9505 | SH |  | SOLE | --- | 9505 | 0 | 0 |
| CIGNA CORP NEW | COM | 125523100 |  | 863 | 2606 | SH |  | SOLE | --- | 2606 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 556 | 30186 | SH |  | SOLE | --- | 30186 | 0 | 0 |
| SS TECHNOLOGIES HLDGS INC | COM | 78467J100 |  | 493 | 9466 | SH |  | SOLE | --- | 9466 | 0 | 0 |
| DISCOVER FINL SVCS | COM | 254709108 |  | 521 | 5325 | SH |  | SOLE | --- | 5325 | 0 | 0 |
| LAMB WESTON HLDGS INC | COM | 513272104 |  | 674 | 7546 | SH |  | SOLE | --- | 7546 | 0 | 0 |
| HASBRO INC | COM | 418056107 |  | 413 | 6777 | SH |  | SOLE | --- | 6777 | 0 | 0 |
| CORNING INC | COM | 219350105 |  | 669 | 20936 | SH |  | SOLE | --- | 20936 | 0 | 0 |
| WP CAREY INC | COM | 92936U109 |  | 834 | 10677 | SH |  | SOLE | --- | 10677 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 911 | 12663 | SH |  | SOLE | --- | 12663 | 0 | 0 |
| CRANE HLDGS CO | COM | 224441105 |  | 684 | 6806 | SH |  | SOLE | --- | 6806 | 0 | 0 |
| ENCOMPASS HEALTH CORP | COM | 29261A100 |  | 628 | 10500 | SH |  | SOLE | --- | 10500 | 0 | 0 |
| SUMITOMO MITSUI FINL GROUP I | SPONSORED ADR | 86562M209 |  | 157 | 19561 | SH |  | SOLE | --- | 19561 | 0 | 0 |
| ASML HOLDING N V | N Y REGISTRY SHS | N07059210 |  | 291 | 533 | SH |  | SOLE | --- | 533 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 316 | 4248 | SH |  | SOLE | --- | 4248 | 0 | 0 |
| ASTRAZENECA PLC | SPONSORED ADR | 046353108 |  | 275 | 4063 | SH |  | SOLE | --- | 4063 | 0 | 0 |
| BP PLC | SPONSORED ADR | 055622104 |  | 211 | 6037 | SH |  | SOLE | --- | 6037 | 0 | 0 |
| NOVARTIS AG | SPONSORED ADR | 66987V109 |  | 293 | 3234 | SH |  | SOLE | --- | 3234 | 0 | 0 |
| ING GROEP N.V. | SPONSORED ADR | 456837103 |  | 147 | 12109 | SH |  | SOLE | --- | 12109 | 0 | 0 |
| TORONTO DOMINION BK ONT | COM NEW | 891160509 |  | 226 | 3489 | SH |  | SOLE | --- | 3489 | 0 | 0 |
| TOTALENERGIES SE | SPONSORED ADS | 89151E109 |  | 256 | 4122 | SH |  | SOLE | --- | 4122 | 0 | 0 |
| SANOFI | SPONSORED ADR | 80105N105 |  | 253 | 5224 | SH |  | SOLE | --- | 5224 | 0 | 0 |
| NOVO-NORDISK A S | ADR | 670100205 |  | 202 | 1489 | SH |  | SOLE | --- | 1489 | 0 | 0 |
| BANCO SANTANDER S.A. | ADR | 05964H105 |  | 131 | 44415 | SH |  | SOLE | --- | 44415 | 0 | 0 |
| SHELL PLC | SPON ADS | 780259305 |  | 320 | 5620 | SH |  | SOLE | --- | 5620 | 0 | 0 |
| BHP GROUP LTD | SPONSORED ADS | 088606108 |  | 251 | 4053 | SH |  | SOLE | --- | 4053 | 0 | 0 |
| LLOYDS BANKING GROUP PLC | SPONSORED ADR | 539439109 |  | 112 | 51017 | SH |  | SOLE | --- | 51017 | 0 | 0 |
| ENPRO INDS INC | COM | 29355X107 |  | 319 | 2939 | SH |  | SOLE | --- | 2871 | 0 | 68 |
| ENSIGN GROUP INC | COM | 29358P101 |  | 335 | 3540 | SH |  | SOLE | --- | 3460 | 0 | 80 |
| AGREE RLTY CORP | COM | 008492100 |  | 451 | 6352 | SH |  | SOLE | --- | 6263 | 0 | 89 |
| AMERIS BANCORP | COM | 03076K108 |  | 230 | 4881 | SH |  | SOLE | --- | 4768 | 0 | 113 |
| AXOS FINANCIAL INC | COM | 05465C100 |  | 212 | 5541 | SH |  | SOLE | --- | 5413 | 0 | 128 |
| SPS COMM INC | COM | 78463M107 |  | 229 | 1783 | SH |  | SOLE | --- | 1740 | 0 | 43 |
| SPDR SER TR | S BIOTECH | 78464A870 |  | 1014 | 12205 | SH |  | SOLE | --- | 11918 | 0 | 287 |
| ARCOSA INC | COM | 039653100 |  | 206 | 3782 | SH |  | SOLE | --- | 3691 | 0 | 91 |
| FABRINET | SHS | G3323L100 |  | 339 | 2640 | SH |  | SOLE | --- | 2574 | 0 | 66 |
| OFG BANCORP | COM | 67103X102 |  | 243 | 8800 | SH |  | SOLE | --- | 8582 | 0 | 218 |
| ONTO INNOVATION INC | COM | 683344105 |  | 241 | 3537 | SH |  | SOLE | --- | 3452 | 0 | 85 |
| IRIDIUM COMMUNICATIONS INC | COM | 46269C102 |  | 251 | 4891 | SH |  | SOLE | --- | 4766 | 0 | 125 |
| NEXPOINT RESIDENTIAL TR INC | COM | 65341D102 |  | 237 | 5446 | SH |  | SOLE | --- | 5363 | 0 | 83 |
| EXPONENT INC | COM | 30214U102 |  | 279 | 2811 | SH |  | SOLE | --- | 2747 | 0 | 64 |
| FULLER H B CO | COM | 359694106 |  | 210 | 2929 | SH |  | SOLE | --- | 2856 | 0 | 73 |
| FIRST FNDTN INC | COM | 32026V104 |  | 146 | 10155 | SH |  | SOLE | --- | 9917 | 0 | 238 |
| CHESAPEAKE UTILS CORP | COM | 165303108 |  | 211 | 1785 | SH |  | SOLE | --- | 1743 | 0 | 42 |
| MERIT MED SYS INC | COM | 589889104 |  | 287 | 4061 | SH |  | SOLE | --- | 3967 | 0 | 94 |
| VIAVI SOLUTIONS INC | COM | 925550105 |  | 161 | 15274 | SH |  | SOLE | --- | 14914 | 0 | 360 |
| HANCOCK WHITNEY CORPORATION | COM | 410120109 |  | 236 | 4884 | SH |  | SOLE | --- | 4772 | 0 | 112 |
| OUTFRONT MEDIA INC | COM | 69007J106 |  | 231 | 13930 | SH |  | SOLE | --- | 13746 | 0 | 184 |
| MONARCH CASINO  RESORT INC | COM | 609027107 |  | 232 | 3022 | SH |  | SOLE | --- | 2953 | 0 | 69 |
| VALLEY NATL BANCORP | COM | 919794107 |  | 169 | 14907 | SH |  | SOLE | --- | 14575 | 0 | 332 |
| INDEPENDENT BANK GROUP INC | COM | 45384B106 |  | 213 | 3539 | SH |  | SOLE | --- | 3460 | 0 | 79 |
| INSPIRE MED SYS INC | COM | 457730109 |  | 215 | 855 | SH |  | SOLE | --- | 833 | 0 | 22 |
| TALOS ENERGY INC | COM | 87484T108 |  | 238 | 12582 | SH |  | SOLE | --- | 12274 | 0 | 308 |
| PROGRESS SOFTWARE CORP | COM | 743312100 |  | 216 | 4291 | SH |  | SOLE | --- | 4184 | 0 | 107 |
| CIVITAS RESOURCES INC | COM NEW | 17888H103 |  | 220 | 3799 | SH |  | SOLE | --- | 3706 | 0 | 93 |
| TEREX CORP NEW | COM | 880779103 |  | 299 | 7007 | SH |  | SOLE | --- | 6837 | 0 | 170 |
| AMN HEALTHCARE SVCS INC | COM | 001744101 |  | 229 | 2224 | SH |  | SOLE | --- | 2170 | 0 | 54 |
| SOVOS BRANDS INC | COM | 84612U107 |  | 148 | 10270 | SH |  | SOLE | --- | 10007 | 0 | 263 |
| NEXTIER OILFIELD SOLUTIONS | COM | 65290C105 |  | 165 | 17861 | SH |  | SOLE | --- | 17415 | 0 | 446 |
| ARIS WATER SOLUTIONS INC | CLASS A COM | 04041L106 |  | 164 | 11407 | SH |  | SOLE | --- | 11123 | 0 | 284 |
| ACADEMY SPORTS  OUTDOORS IN | COM | 00402L107 |  | 286 | 5443 | SH |  | SOLE | --- | 5306 | 0 | 137 |
| REALTY INCOME CORP | COM | 756109104 |  | 403 | 6349 | SH |  | SOLE | --- | 6349 | 0 | 0 |
| CAMDEN PPTY TR | SH BEN INT | 133131102 |  | 204 | 1823 | SH |  | SOLE | --- | 1823 | 0 | 0 |
| GAMING  LEISURE PPTYS INC | COM | 36467J108 |  | 288 | 5575 | SH |  | SOLE | --- | 5575 | 0 | 0 |
| DIGITAL RLTY TR INC | COM | 253868103 |  | 326 | 3255 | SH |  | SOLE | --- | 3255 | 0 | 0 |
| ALEXANDRIA REAL ESTATE EQ IN | COM | 015271109 |  | 273 | 1872 | SH |  | SOLE | --- | 1872 | 0 | 0 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 949 | 4480 | SH |  | SOLE | --- | 4480 | 0 | 0 |
| CBRE GROUP INC | CL A | 12504L109 |  | 339 | 4409 | SH |  | SOLE | --- | 4409 | 0 | 0 |
| CROWN CASTLE INC | COM | 22822V101 |  | 361 | 2661 | SH |  | SOLE | --- | 2661 | 0 | 0 |
| SUN CMNTYS INC | COM | 866674104 |  | 234 | 1633 | SH |  | SOLE | --- | 1633 | 0 | 0 |
| VICI PPTYS INC | COM | 925652109 |  | 363 | 11196 | SH |  | SOLE | --- | 11196 | 0 | 0 |
| WELLTOWER INC | COM | 95040Q104 |  | 303 | 4617 | SH |  | SOLE | --- | 4617 | 0 | 0 |
| VENTAS INC | COM | 92276F100 |  | 222 | 4931 | SH |  | SOLE | --- | 4931 | 0 | 0 |
| SIMON PPTY GROUP INC NEW | COM | 828806109 |  | 387 | 3297 | SH |  | SOLE | --- | 3297 | 0 | 0 |
| HOST HOTELS  RESORTS INC | COM | 44107P104 |  | 172 | 10688 | SH |  | SOLE | --- | 10688 | 0 | 0 |
| WEYERHAEUSER CO MTN BE | COM NEW | 962166104 |  | 274 | 8848 | SH |  | SOLE | --- | 8848 | 0 | 0 |
| EXTRA SPACE STORAGE INC | COM | 30225T102 |  | 279 | 1897 | SH |  | SOLE | --- | 1897 | 0 | 0 |
| MID-AMER APT CMNTYS INC | COM | 59522J103 |  | 247 | 1573 | SH |  | SOLE | --- | 1573 | 0 | 0 |
| GOLDMAN SACHS ETF TR | ACTIVEBETA INT | 381430107 |  | 340 | 11802 | SH |  | SOLE | --- | 11802 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 0 | 0 | SH |  | SOLE | --- | 0 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 93 | 390 | SH |  | SOLE | --- | 390 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 0 | 0 | SH |  | SOLE | --- | 0 | 0 | 0 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 974 | 10045 | SH |  | SOLE | --- | 2516 | 0 | 7529 |
| ISHARES TR | TIPS BD ETF | 464287176 |  | 396 | 3720 | SH |  | SOLE | --- | 3720 | 0 | 0 |
| VANGUARD BD INDEX FDS | LONG TERM BOND | 921937793 |  | 1402 | 19376 | SH |  | SOLE | --- | 19376 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | MTG-BKD SECS ETF | 92206C771 |  | 427 | 9343 | SH |  | SOLE | --- | 9343 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 |  | 1855 | 4828 | SH |  | SOLE | --- | 4828 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | SHORT TERM TREAS | 92206C102 |  | 256 | 4436 | SH |  | SOLE | --- | 4436 | 0 | 0 |
| ISHARES TR | PFD AND INCM SEC | 464288687 |  | 214 | 7023 | SH |  | SOLE | --- | 7023 | 0 | 0 |
| SSGA ACTIVE ETF TR | BLACKSTONE SENR | 78467V608 |  | 1574 | 38200 | SH |  | SOLE | --- | 38200 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | SR LN ETF | 46138G508 |  | 1241 | 60000 | SH |  | SOLE | --- | 60000 | 0 | 0 |
| VANGUARD MALVERN FDS | STRM INFPROIDX | 922020805 |  | 304 | 6512 | SH |  | SOLE | --- | 6512 | 0 | 0 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 |  | 311 | 3555 | SH |  | SOLE | --- | 3555 | 0 | 0 |

---