# EDGAR Filing Document

**Accession Number:** 0001802224
**File Stem:** 0001802224-25-000012
**Filing Date:** 2025-11
**Character Count:** 16309
**Document Hash:** d914ec52489a9bf01e811c4b5cf503c3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001802224-25-000012.hdr.sgml**: 20251103

**ACCESSION NUMBER**: 0001802224-25-000012

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251103

**DATE AS OF CHANGE**: 20251103

**EFFECTIVENESS DATE**: 20251103

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** JSF Financial, LLC
- **CENTRAL INDEX KEY:** 0001802224

**ORGANIZATION NAME:**
- **EIN:** 954567899
- **STATE OF INCORPORATION:** CA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-19902
- **FILM NUMBER:** 251442991

**BUSINESS ADDRESS:**
- **STREET 1:** 6300 WILSHIRE BOULEVARD
- **STREET 2:** SUITE 2100
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90048
- **BUSINESS PHONE:** 323-866-0833

**MAIL ADDRESS:**
- **STREET 1:** 6300 WILSHIRE BOULEVARD
- **STREET 2:** SUITE 2100
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90048

### 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:** JSF Financial LLC<br>**Address:** 6300 WILSHIRE BOULEVARD<br>SUITE 2100<br>LOS ANGELES, CA 90048

**Form 13F File Number:** 028-19902

**CRD Number (if applicable):** 000114025

**SEC File Number (if applicable):** 801-71250

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:** Shari Fishman<br>**Title:** Chief Compliance Officer<br>**Phone:** 323-866-0833

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

Shari Fishman  Los Angeles, CA  11-03-2025<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:** 128

**Form 13F Information Table Value Total:** $450806422

      (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 |
| ISHARES TR | CORE S ETF | 464287200 |  | 84019106 | 125533 | SH |  | SOLE |  | 1150 | 0 | 124383 |
| CAPITAL GROUP GROWTH ETF | SHS CREATION UNI | 14020G101 |  | 38762248 | 882565 | SH |  | SOLE |  | 4778 | 0 | 877787 |
| AMERICAN CENTY ETF TR | INTL EQT ETF | 025072703 |  | 29646044 | 375742 | SH |  | SOLE |  | 752 | 0 | 374990 |
| ISHARES TR | RUS TP200 VL ETF | 464289420 |  | 24249549 | 275939 | SH |  | SOLE |  | 42 | 0 | 275897 |
| APPLE INC | COM | 037833100 |  | 21545868 | 84616 | SH |  | SOLE |  | 1284 | 0 | 83332 |
| ISHARES TR | 0-5 YR TIPS ETF | 46429B747 |  | 21479439 | 207812 | SH |  | SOLE |  | 3391 | 0 | 204421 |
| ISHARES TR | RUS TP200 GR ETF | 464289438 |  | 19878050 | 72640 | SH |  | SOLE |  | 0 | 0 | 72640 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 |  | 17235283 | 236846 | SH |  | SOLE |  | 1825 | 0 | 235021 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 14681587 | 24454 | SH |  | SOLE |  | 179 | 0 | 24275 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 10915531 | 167262 | SH |  | SOLE |  | 673 | 0 | 166590 |
| INVESCO EXCHANGE TRADED FD T | S 500 TOP 50 | 46137V233 |  | 9817864 | 170686 | SH |  | SOLE |  | 0 | 0 | 170686 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 9506910 | 50954 | SH |  | SOLE |  | 121 | 0 | 50833 |
| MICROSOFT CORP | COM | 594918104 |  | 8164951 | 15764 | SH |  | SOLE |  | 101 | 0 | 15663 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 5838731 | 24018 | SH |  | SOLE |  | 605 | 0 | 23413 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 5706649 | 12183 | SH |  | SOLE |  | 315 | 0 | 11868 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 |  | 5418426 | 82197 | SH |  | SOLE |  | 0 | 0 | 82197 |
| AMAZON COM INC | COM | 023135106 |  | 5011850 | 22826 | SH |  | SOLE |  | 492 | 0 | 22334 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 4318184 | 4665 | SH |  | SOLE |  | 0 | 0 | 4665 |
| ISHARES TR | CORE S TTL STK | 464287150 |  | 4277432 | 29368 | SH |  | SOLE |  | 1050 | 0 | 28318 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 |  | 4262471 | 48820 | SH |  | SOLE |  | 0 | 0 | 48820 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 4214721 | 8384 | SH |  | SOLE |  | 245 | 0 | 8139 |
| DOUBLEVERIFY HLDGS INC | COM | 25862V105 |  | 3831575 | 319831 | SH |  | SOLE |  | 0 | 0 | 319831 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 3220634 | 10210 | SH |  | SOLE |  | 100 | 0 | 10110 |
| SPDR SERIES TRUST | PORTFOLIO S | 78464A854 |  | 3129092 | 39942 | SH |  | SOLE |  | 58 | 0 | 39884 |
| J P MORGAN EXCHANGE TRADED F | EQUITY PREMIUM | 46641Q332 |  | 3113739 | 54531 | SH |  | SOLE |  | 1629 | 0 | 52902 |
| ISHARES TR | RUS MID CAP ETF | 464287499 |  | 2720848 | 28181 | SH |  | SOLE |  | 1277 | 0 | 26904 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 |  | 2498706 | 8865 | SH |  | SOLE |  | 0 | 0 | 8865 |
| SELECT SECTOR SPDR TR | SBI HEALTHCARE | 81369Y209 |  | 2279311 | 16378 | SH |  | SOLE |  | 85 | 0 | 16293 |
| BROADCOM INC | COM | 11135F101 |  | 2257111 | 6842 | SH |  | SOLE |  | 18 | 0 | 6824 |
| DISNEY WALT CO | COM | 254687106 |  | 2199440 | 19209 | SH |  | SOLE |  | 64 | 0 | 19145 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 2189724 | 18427 | SH |  | SOLE |  | 881 | 0 | 17547 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 2136460 | 8772 | SH |  | SOLE |  | 0 | 0 | 8772 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 2044466 | 38286 | SH |  | SOLE |  | 2483 | 0 | 35803 |
| SPDR SERIES TRUST | PORTFOLIO S | 78464A847 |  | 2009552 | 35138 | SH |  | SOLE |  | 22 | 0 | 35116 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 1913847 | 2873 | SH |  | SOLE |  | 0 | 0 | 2873 |
| WALMART INC | COM | 931142103 |  | 1891196 | 18350 | SH |  | SOLE |  | 146 | 0 | 18204 |
| VISA INC | COM CL A | 92826C839 |  | 1525937 | 4470 | SH |  | SOLE |  | 73 | 0 | 4397 |
| CARDINAL HEALTH INC | COM | 14149Y108 |  | 1498516 | 9547 | SH |  | SOLE |  | 53 | 0 | 9494 |
| FIDELITY COVINGTON TRUST | MSCI INFO TECH I | 316092808 |  | 1486455 | 6691 | SH |  | SOLE |  | 0 | 0 | 6691 |
| CASEYS GEN STORES INC | COM | 147528103 |  | 1456100 | 2576 | SH |  | SOLE |  | 14 | 0 | 2562 |
| MCKESSON CORP | COM | 58155Q103 |  | 1441149 | 1865 | SH |  | SOLE |  | 10 | 0 | 1855 |
| MARTIN MARIETTA MATLS INC | COM | 573284106 |  | 1431600 | 2271 | SH |  | SOLE |  | 11 | 0 | 2260 |
| COMMVAULT SYS INC | COM | 204166102 |  | 1386589 | 7345 | SH |  | SOLE |  | 41 | 0 | 7304 |
| HOME DEPOT INC | COM | 437076102 |  | 1355906 | 3346 | SH |  | SOLE |  | 0 | 0 | 3346 |
| BERKLEY W R CORP | COM | 084423102 |  | 1326952 | 17319 | SH |  | SOLE |  | 96 | 0 | 17223 |
| NISOURCE INC | COM | 65473P105 |  | 1305928 | 30160 | SH |  | SOLE |  | 163 | 0 | 29997 |
| SELECT SECTOR SPDR TR | SBI INT-UTILS | 81369Y886 |  | 1294616 | 14845 | SH |  | SOLE |  | 80 | 0 | 14765 |
| FOX CORP | CL A COM | 35137L105 |  | 1277605 | 20260 | SH |  | SOLE |  | 110 | 0 | 20150 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 |  | 1271188 | 11791 | SH |  | SOLE |  | 60 | 0 | 11731 |
| CBOE GLOBAL MKTS INC | COM | 12503M108 |  | 1256661 | 5124 | SH |  | SOLE |  | 29 | 0 | 5095 |
| RAYMOND JAMES FINL INC | COM | 754730109 |  | 1239095 | 7179 | SH |  | SOLE |  | 40 | 0 | 7139 |
| CHENIERE ENERGY INC | COM NEW | 16411R208 |  | 1234859 | 5255 | SH |  | SOLE |  | 28 | 0 | 5227 |
| ISHARES TR | S 500 VAL ETF | 464287408 |  | 1233382 | 5973 | SH |  | SOLE |  | 0 | 0 | 5973 |
| CORCEPT THERAPEUTICS INC | COM | 218352102 |  | 1227452 | 14769 | SH |  | SOLE |  | 75 | 0 | 14694 |
| REPUBLIC SVCS INC | COM | 760759100 |  | 1215508 | 5297 | SH |  | SOLE |  | 29 | 0 | 5268 |
| FLEX LTD | ORD | Y2573F102 |  | 1189660 | 20522 | SH |  | SOLE |  | 106 | 0 | 20416 |
| BRAZE INC | COM CL A | 10576N102 |  | 1181910 | 41558 | SH |  | SOLE |  | 0 | 0 | 41558 |
| VICI PPTYS INC | COM | 925652109 |  | 1178829 | 36149 | SH |  | SOLE |  | 200 | 0 | 35949 |
| GEN DIGITAL INC | COM | 668771108 |  | 1157510 | 40772 | SH |  | SOLE |  | 209 | 0 | 40563 |
| BJS WHSL CLUB HLDGS INC | COM | 05550J101 |  | 1139795 | 12223 | SH |  | SOLE |  | 68 | 0 | 12155 |
| TRAVELERS COMPANIES INC | COM | 89417E109 |  | 1090057 | 3904 | SH |  | SOLE |  | 18 | 0 | 3886 |
| TRANSDIGM GROUP INC | COM | 893641100 |  | 1074409 | 815 | SH |  | SOLE |  | 4 | 0 | 811 |
| CAL MAINE FOODS INC | COM NEW | 128030202 |  | 1049592 | 11154 | SH |  | SOLE |  | 56 | 0 | 11098 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 1031794 | 4264 | SH |  | SOLE |  | 0 | 0 | 4264 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 1019653 | 3474 | SH |  | SOLE |  | 16 | 0 | 3458 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 1017120 | 10893 | SH |  | SOLE |  | 0 | 0 | 10893 |
| FIDELITY WISE ORIGIN BITCOIN | SHS | 315948109 |  | 1008081 | 10100 | SH |  | SOLE |  | 0 | 0 | 10100 |
| TESLA INC | COM | 88160R101 |  | 995728 | 2239 | SH |  | SOLE |  | 0 | 0 | 2239 |
| J P MORGAN EXCHANGE TRADED F | HEDGED EQUITY LA | 46654Q724 |  | 985670 | 15164 | SH |  | SOLE |  | 0 | 0 | 15164 |
| BROADRIDGE FINL SOLUTIONS IN | COM | 11133T103 |  | 925431 | 3886 | SH |  | SOLE |  | 18 | 0 | 3868 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 907493 | 1140 | SH |  | SOLE |  | 0 | 0 | 1140 |
| AMPHENOL CORP NEW | CL A | 032095101 |  | 895084 | 7233 | SH |  | SOLE |  | 33 | 0 | 7200 |
| ISHARES TR | CORE HIGH DV ETF | 46429B663 |  | 859477 | 7019 | SH |  | SOLE |  | 0 | 0 | 7019 |
| META PLATFORMS INC | CL A | 30303M102 |  | 842661 | 1147 | SH |  | SOLE |  | 0 | 0 | 1147 |
| ELI LILLY  CO | COM | 532457108 |  | 834331 | 1093 | SH |  | SOLE |  | 0 | 0 | 1093 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 814586 | 5302 | SH |  | SOLE |  | 0 | 0 | 5302 |
| J P MORGAN EXCHANGE TRADED F | NASDAQ EQT PREM | 46654Q203 |  | 771704 | 13416 | SH |  | SOLE |  | 0 | 0 | 13416 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 656894 | 3601 | SH |  | SOLE |  | 0 | 0 | 3601 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 631426 | 3101 | SH |  | SOLE |  | 0 | 0 | 3101 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 |  | 627923 | 3084 | SH |  | SOLE |  | 0 | 0 | 3084 |
| AT INC | COM | 00206R102 |  | 622831 | 22055 | SH |  | SOLE |  | 0 | 0 | 22055 |
| ORACLE CORP | COM | 68389X105 |  | 596758 | 2122 | SH |  | SOLE |  | 0 | 0 | 2122 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 547705 | 2954 | SH |  | SOLE |  | 0 | 0 | 2954 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 523746 | 3130 | SH |  | SOLE |  | 0 | 0 | 3130 |
| ISHARES TR | SP SMCP600VL ETF | 464287879 |  | 513232 | 4641 | SH |  | SOLE |  | 0 | 0 | 4641 |
| NETFLIX INC | COM | 64110L106 |  | 492756 | 411 | SH |  | SOLE |  | 0 | 0 | 411 |
| AUTOZONE INC | COM | 053332102 |  | 459056 | 107 | SH |  | SOLE |  | 10 | 0 | 97 |
| AMGEN INC | COM | 031162100 |  | 436705 | 1548 | SH |  | SOLE |  | 0 | 0 | 1548 |
| CHEVRON CORP NEW | COM | 166764100 |  | 420111 | 2705 | SH |  | SOLE |  | 0 | 0 | 2705 |
| CATERPILLAR INC | COM | 149123101 |  | 415872 | 872 | SH |  | SOLE |  | 0 | 0 | 872 |
| DEERE  CO | COM | 244199105 |  | 414407 | 906 | SH |  | SOLE |  | 0 | 0 | 906 |
| SALESFORCE INC | COM | 79466L302 |  | 411689 | 1737 | SH |  | SOLE |  | 0 | 0 | 1737 |
| RTX CORPORATION | COM | 75513E101 |  | 396711 | 2371 | SH |  | SOLE |  | 0 | 0 | 2371 |
| MSCI INC | COM | 55354G100 |  | 359171 | 633 | SH |  | SOLE |  | 0 | 0 | 633 |
| SHOPIFY INC | CL A SUB VTG SHS | 82509L107 |  | 354881 | 2388 | SH |  | SOLE |  | 0 | 0 | 2388 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 333777 | 5570 | SH |  | SOLE |  | 0 | 0 | 5570 |
| PIMCO ETF TR | MULTISECTOR BD | 72201R585 |  | 322142 | 12002 | SH |  | SOLE |  | 0 | 0 | 12002 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 313502 | 955 | SH |  | SOLE |  | 0 | 0 | 955 |
| SCHWAB STRATEGIC TR | US LRG CAP ETF | 808524201 |  | 311747 | 11836 | SH |  | SOLE |  | 0 | 0 | 11836 |
| VANECK ETF TRUST | SEMICONDUCTR ETF | 92189F676 |  | 309063 | 947 | SH |  | SOLE |  | 0 | 0 | 947 |
| SPDR S MIDCAP 400 ETF TR | UTSER1 S | 78467Y107 |  | 309009 | 518 | SH |  | SOLE |  | 0 | 0 | 518 |
| KKR  CO INC | COM | 48251W104 |  | 295955 | 2277 | SH |  | SOLE |  | 0 | 0 | 2277 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 286196 | 2538 | SH |  | SOLE |  | 0 | 0 | 2538 |
| GE AEROSPACE | COM NEW | 369604301 |  | 281630 | 936 | SH |  | SOLE |  | 0 | 0 | 936 |
| ISHARES TR | ESG AW MSCI EAFE | 46435G516 |  | 266081 | 2862 | SH |  | SOLE |  | 0 | 0 | 2862 |
| ISHARES TR | S 500 GRWT ETF | 464287309 |  | 264489 | 2191 | SH |  | SOLE |  | 0 | 0 | 2191 |
| BLACKSTONE INC | COM | 09260D107 |  | 251887 | 1474 | SH |  | SOLE |  | 0 | 0 | 1474 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 251790 | 563 | SH |  | SOLE |  | 0 | 0 | 563 |
| CISCO SYS INC | COM | 17275R102 |  | 249468 | 3646 | SH |  | SOLE |  | 0 | 0 | 3646 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 249067 | 1336 | SH |  | SOLE |  | 0 | 0 | 1336 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 238273 | 3607 | SH |  | SOLE |  | 0 | 0 | 3607 |
| MCDONALDS CORP | COM | 580135101 |  | 238202 | 784 | SH |  | SOLE |  | 27 | 0 | 757 |
| PEPSICO INC | COM | 713448108 |  | 237561 | 1692 | SH |  | SOLE |  | 0 | 0 | 1692 |
| ISHARES TR | ESG AWR US AGRGT | 46435U549 |  | 237106 | 4937 | SH |  | SOLE |  | 0 | 0 | 4937 |
| NUTANIX INC | CL A | 67059N108 |  | 236188 | 3175 | SH |  | SOLE |  | 0 | 0 | 3175 |
| ISHARES TR | ESG MSCI KLD 400 | 464288570 |  | 235990 | 1874 | SH |  | SOLE |  | 0 | 0 | 1874 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 233391 | 676 | SH |  | SOLE |  | 0 | 0 | 676 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 232753 | 1227 | SH |  | SOLE |  | 0 | 0 | 1227 |
| SELECT SECTOR SPDR TR | SBI CONS STPLS | 81369Y308 |  | 227855 | 2907 | SH |  | SOLE |  | 0 | 0 | 2907 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 224015 | 1673 | SH |  | SOLE |  | 0 | 0 | 1673 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 |  | 223734 | 2504 | SH |  | SOLE |  | 1248 | 0 | 1256 |
| MERCK  CO INC | COM | 58933Y105 |  | 220155 | 2623 | SH |  | SOLE |  | 0 | 0 | 2623 |
| SELECT SECTOR SPDR TR | INDL | 81369Y704 |  | 218897 | 1419 | SH |  | SOLE |  | 0 | 0 | 1419 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 215439 | 998 | SH |  | SOLE |  | 0 | 0 | 998 |
| COCA COLA CO | COM | 191216100 |  | 212440 | 3203 | SH |  | SOLE |  | 0 | 0 | 3203 |
| ISHARES TR | GLOBAL TECH ETF | 464287291 |  | 206291 | 1999 | SH |  | SOLE |  | 0 | 0 | 1999 |
| KAYNE ANDERSON ENERGY INFRST | COM | 486606106 |  | 135762 | 10975 | SH |  | SOLE |  | 0 | 0 | 10975 |
| ALX ONCOLOGY HLDGS INC | COM | 00166B105 |  | 32025 | 17500 | SH |  | SOLE |  | 0 | 0 | 17500 |

---