# EDGAR Filing Document

**Accession Number:** 0001802696
**File Stem:** 0001802696-23-000001
**Filing Date:** 2023-1
**Character Count:** 17666
**Document Hash:** 100e1608527eece4b9654d3f8b72c09d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001802696-23-000001.hdr.sgml**: 20230119

**ACCESSION NUMBER**: 0001802696-23-000001

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230119

**DATE AS OF CHANGE**: 20230119

**EFFECTIVENESS DATE**: 20230119

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Alhambra Investment Partners LLC
- **CENTRAL INDEX KEY:** 0001802696
- **IRS NUMBER:** 451013799
- **STATE OF INCORPORATION:** FL
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-19807
- **FILM NUMBER:** 23536955

**BUSINESS ADDRESS:**
- **STREET 1:** 8925 SW 148 ST.
- **STREET 2:** SUITE 214
- **CITY:** PALMETTO BAY
- **STATE:** FL
- **ZIP:** 33176
- **BUSINESS PHONE:** 3052333772

**MAIL ADDRESS:**
- **STREET 1:** 8925 SW 148 ST.
- **STREET 2:** SUITE 214
- **CITY:** PALMETTO BAY
- **STATE:** FL
- **ZIP:** 33176

### 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:** Alhambra Investment Partners LLC<br>**Address:** 8925 SW 148 ST.<br>SUITE 214<br>PALMETTO BAY, FL 33176

**Form 13F File Number:** 028-19807

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:** Joseph Y Calhoun<br>**Title:** President<br>**Phone:** 3053013682

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

Joseph Y Calhoun  Miami, FL  01-19-2023<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:** 144

**Form 13F Information Table Value Total:** $137250992

      (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 |  | 262985 | 2193 | SH |  | SOLE | 0 | 0 | 0 | 2193 |
| ABBOTT LABS | COM | 002824100 |  | 498556 | 4541 | SH |  | SOLE | 0 | 0 | 0 | 4541 |
| ABBVIE INC | COM | 00287Y109 |  | 443832 | 2746 | SH |  | SOLE | 0 | 0 | 0 | 2746 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 609463 | 2284 | SH |  | SOLE | 0 | 0 | 0 | 2284 |
| ADOBE SYSTEMS INCORPORATED | COM | 00724F101 |  | 392394 | 1166 | SH |  | SOLE | 0 | 0 | 0 | 1166 |
| ALLEGION PLC | ORD SHS | G0176J109 |  | 245572 | 2333 | SH |  | SOLE | 0 | 0 | 0 | 2333 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 1295458 | 14600 | SH |  | SOLE | 0 | 0 | 0 | 14600 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 1743337 | 19759 | SH |  | SOLE | 0 | 0 | 0 | 19759 |
| AMAZON COM INC | COM | 023135106 |  | 428400 | 5100 | SH |  | SOLE | 0 | 0 | 0 | 5100 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 |  | 215537 | 2270 | SH |  | SOLE | 0 | 0 | 0 | 2270 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 652760 | 4418 | SH |  | SOLE | 0 | 0 | 0 | 4418 |
| AMGEN INC | COM | 031162100 |  | 867915 | 3305 | SH |  | SOLE | 0 | 0 | 0 | 3305 |
| APPLE INC | COM | 037833100 |  | 7716523 | 59390 | SH |  | SOLE | 0 | 0 | 0 | 59390 |
| AT INC | COM | 00206R102 |  | 451241 | 24511 | SH |  | SOLE | 0 | 0 | 0 | 24511 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 685050 | 2868 | SH |  | SOLE | 0 | 0 | 0 | 2868 |
| BANK NEW YORK MELLON CORP | COM | 064058100 |  | 287914 | 6325 | SH |  | SOLE | 0 | 0 | 0 | 6325 |
| BARCLAYS BANK PLC | IPTH SR B S | 06747R477 |  | 148232 | 10498 | SH |  | SOLE | 0 | 0 | 0 | 10498 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 1539558 | 4984 | SH |  | SOLE | 0 | 0 | 0 | 4984 |
| BIOGEN INC | COM | 09062X103 |  | 1131772 | 4087 | SH |  | SOLE | 0 | 0 | 0 | 4087 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 1745797 | 24264 | SH |  | SOLE | 0 | 0 | 0 | 24264 |
| BROWN FORMAN CORP | CL B | 115637209 |  | 205250 | 3125 | SH |  | SOLE | 0 | 0 | 0 | 3125 |
| CARLISLE COS INC | COM | 142339100 |  | 477427 | 2026 | SH |  | SOLE | 0 | 0 | 0 | 2026 |
| CASA SYS INC | COM | 14713L102 |  | 56598 | 20732 | SH |  | SOLE | 0 | 0 | 0 | 20732 |
| CIGNA CORP NEW | COM | 125523100 |  | 695151 | 2098 | SH |  | SOLE | 0 | 0 | 0 | 2098 |
| CINTAS CORP | COM | 172908105 |  | 373490 | 827 | SH |  | SOLE | 0 | 0 | 0 | 827 |
| CISCO SYS INC | COM | 17275R102 |  | 1239530 | 26019 | SH |  | SOLE | 0 | 0 | 0 | 26019 |
| COCA COLA CO | COM | 191216100 |  | 781637 | 12288 | SH |  | SOLE | 0 | 0 | 0 | 12288 |
| COCA-COLA FEMSA SAB DE CV | SPONSORD ADR REP | 191241108 |  | 235368 | 3467 | SH |  | SOLE | 0 | 0 | 0 | 3467 |
| COGNIZANT TECHNOLOGY SOLUTIO | CL A | 192446102 |  | 266791 | 4665 | SH |  | SOLE | 0 | 0 | 0 | 4665 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 283644 | 3600 | SH |  | SOLE | 0 | 0 | 0 | 3600 |
| CONSTELLATION BRANDS INC | CL A | 21036P108 |  | 309386 | 1335 | SH |  | SOLE | 0 | 0 | 0 | 1335 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 2931643 | 6422 | SH |  | SOLE | 0 | 0 | 0 | 6422 |
| CSX CORP | COM | 126408103 |  | 251867 | 8130 | SH |  | SOLE | 0 | 0 | 0 | 8130 |
| CVS HEALTH CORP | COM | 126650100 |  | 1542117 | 16548 | SH |  | SOLE | 0 | 0 | 0 | 16548 |
| DANAHER CORPORATION | COM | 235851102 |  | 701057 | 2641 | SH |  | SOLE | 0 | 0 | 0 | 2641 |
| DEERE  CO | COM | 244199105 |  | 318302 | 742 | SH |  | SOLE | 0 | 0 | 0 | 742 |
| DIAGEO PLC | SPON ADR NEW | 25243Q205 |  | 537243 | 3015 | SH |  | SOLE | 0 | 0 | 0 | 3015 |
| DISNEY WALT CO | COM | 254687106 |  | 524806 | 6041 | SH |  | SOLE | 0 | 0 | 0 | 6041 |
| DUPONT DE NEMOURS INC | COM | 26614N102 |  | 918824 | 13388 | SH |  | SOLE | 0 | 0 | 0 | 13388 |
| EATON CORP PLC | SHS | G29183103 |  | 397868 | 2535 | SH |  | SOLE | 0 | 0 | 0 | 2535 |
| ELECTRONIC ARTS INC | COM | 285512109 |  | 246804 | 2020 | SH |  | SOLE | 0 | 0 | 0 | 2020 |
| EXPRESS INC | COM | 30219E103 |  | 20210 | 19814 | SH |  | SOLE | 0 | 0 | 0 | 19814 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 566721 | 5138 | SH |  | SOLE | 0 | 0 | 0 | 5138 |
| FABRINET | SHS | G3323L100 |  | 279904 | 2183 | SH |  | SOLE | 0 | 0 | 0 | 2183 |
| FACTSET RESH SYS INC | COM | 303075105 |  | 421271 | 1050 | SH |  | SOLE | 0 | 0 | 0 | 1050 |
| FIDELITY MERRIMACK STR TR | LOW DURTIN ETF | 316188408 |  | 271150 | 5480 | SH |  | SOLE | 0 | 0 | 0 | 5480 |
| FIFTH THIRD BANCORP | COM | 316773100 |  | 210870 | 6427 | SH |  | SOLE | 0 | 0 | 0 | 6427 |
| GARMIN LTD | SHS | H2906T109 |  | 815244 | 8834 | SH |  | SOLE | 0 | 0 | 0 | 8834 |
| GENERAL ELECTRIC CO | COM NEW | 369604301 |  | 973910 | 11623 | SH |  | SOLE | 0 | 0 | 0 | 11623 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 238148 | 2774 | SH |  | SOLE | 0 | 0 | 0 | 2774 |
| HOME DEPOT INC | COM | 437076102 |  | 1938433 | 6137 | SH |  | SOLE | 0 | 0 | 0 | 6137 |
| INTEL CORP | COM | 458140100 |  | 259490 | 9818 | SH |  | SOLE | 0 | 0 | 0 | 9818 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 1194075 | 4500 | SH |  | SOLE | 0 | 0 | 0 | 4500 |
| INVESCO ACTVELY MNGD ETC FD | OPTIMUM YIELD | 46090F100 |  | 2705800 | 183072 | SH |  | SOLE | 0 | 0 | 0 | 183072 |
| INVESCO EXCH TRADED FD TR II | FTSE RAFI SML | 46138E735 |  | 1699249 | 57368 | SH |  | SOLE | 0 | 0 | 0 | 57368 |
| INVESCO EXCH TRD SLF IDX FD | BULSHS 2023 CB | 46138J866 |  | 208331 | 9930 | SH |  | SOLE | 0 | 0 | 0 | 9930 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 |  | 4044263 | 116920 | SH |  | SOLE | 0 | 0 | 0 | 116920 |
| ISHARES TR | ISHS 1-5YR INVS | 464288646 |  | 824571 | 16551 | SH |  | SOLE | 0 | 0 | 0 | 16551 |
| ISHARES TR | SELECT DIVID ETF | 464287168 |  | 1966520 | 16306 | SH |  | SOLE | 0 | 0 | 0 | 16306 |
| ISHARES TR | TIPS BD ETF | 464287176 |  | 949338 | 8919 | SH |  | SOLE | 0 | 0 | 0 | 8919 |
| ISHARES TR | CORE DIV GRWTH | 46434V621 |  | 288050 | 5761 | SH |  | SOLE | 0 | 0 | 0 | 5761 |
| ISHARES TR | GLOBAL REIT ETF | 46434V647 |  | 3663986 | 161338 | SH |  | SOLE | 0 | 0 | 0 | 161338 |
| ISHARES TR | 0-5YR INVT GR CP | 46434V100 |  | 463237 | 9679 | SH |  | SOLE | 0 | 0 | 0 | 9679 |
| ISHARES TR | EAFE VALUE ETF | 464288877 |  | 1475403 | 32158 | SH |  | SOLE | 0 | 0 | 0 | 32158 |
| ISHARES TR | 3 7 YR TREAS BD | 464288661 |  | 6523604 | 56781 | SH |  | SOLE | 0 | 0 | 0 | 56781 |
| ISHARES TR | NATIONAL MUN ETF | 464288414 |  | 3021565 | 28635 | SH |  | SOLE | 0 | 0 | 0 | 28635 |
| ISHARES TR | MSCI ACWI ETF | 464288257 |  | 697426 | 8217 | SH |  | SOLE | 0 | 0 | 0 | 8217 |
| ISHARES TR | SHRT NAT MUN ETF | 464288158 |  | 1683231 | 16143 | SH |  | SOLE | 0 | 0 | 0 | 16143 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 458720 | 4847 | SH |  | SOLE | 0 | 0 | 0 | 4847 |
| ISHARES TR | S 500 VAL ETF | 464287408 |  | 1894681 | 13060 | SH |  | SOLE | 0 | 0 | 0 | 13060 |
| ISHARES TR | CORE S ETF | 464287200 |  | 297763 | 775 | SH |  | SOLE | 0 | 0 | 0 | 775 |
| ISHARES TR | RUS 2000 VAL ETF | 464287630 |  | 1357614 | 9790 | SH |  | SOLE | 0 | 0 | 0 | 9790 |
| ISHARES TR | U.S. REAL ES ETF | 464287739 |  | 2822234 | 33522 | SH |  | SOLE | 0 | 0 | 0 | 33522 |
| ISHARES TR | ISHARES BIOTECH | 464287556 |  | 689002 | 5248 | SH |  | SOLE | 0 | 0 | 0 | 5248 |
| ISHARES TR | 1 3 YR TREAS BD | 464287457 |  | 1315559 | 16207 | SH |  | SOLE | 0 | 0 | 0 | 16207 |
| ISHARES TR | 7-10 YR TRSY BD | 464287440 |  | 2771216 | 28933 | SH |  | SOLE | 0 | 0 | 0 | 28933 |
| ISHARES TR | 20 YR TR BD ETF | 464287432 |  | 231958 | 2330 | SH |  | SOLE | 0 | 0 | 0 | 2330 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 313375 | 3231 | SH |  | SOLE | 0 | 0 | 0 | 3231 |
| J P MORGAN EXCHANGE TRADED F | ULTRA SHRT INC | 46641Q837 |  | 807344 | 16105 | SH |  | SOLE | 0 | 0 | 0 | 16105 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 1747070 | 9890 | SH |  | SOLE | 0 | 0 | 0 | 9890 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 1055634 | 7872 | SH |  | SOLE | 0 | 0 | 0 | 7872 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 1017245 | 56264 | SH |  | SOLE | 0 | 0 | 0 | 56264 |
| L3HARRIS TECHNOLOGIES INC | COM | 502431109 |  | 233820 | 1123 | SH |  | SOLE | 0 | 0 | 0 | 1123 |
| LENNAR CORP | CL A | 526057104 |  | 878928 | 9712 | SH |  | SOLE | 0 | 0 | 0 | 9712 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 220740 | 454 | SH |  | SOLE | 0 | 0 | 0 | 454 |
| LOWES COS INC | COM | 548661107 |  | 647530 | 3250 | SH |  | SOLE | 0 | 0 | 0 | 3250 |
| MCDONALDS CORP | COM | 580135101 |  | 833256 | 3162 | SH |  | SOLE | 0 | 0 | 0 | 3162 |
| MERCK  CO INC | COM | 58933Y105 |  | 809508 | 7296 | SH |  | SOLE | 0 | 0 | 0 | 7296 |
| MICROSOFT CORP | COM | 594918104 |  | 2096925 | 8744 | SH |  | SOLE | 0 | 0 | 0 | 8744 |
| MID-AMER APT CMNTYS INC | COM | 59522J103 |  | 225281 | 1435 | SH |  | SOLE | 0 | 0 | 0 | 1435 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 282529 | 4239 | SH |  | SOLE | 0 | 0 | 0 | 4239 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 1472029 | 17608 | SH |  | SOLE | 0 | 0 | 0 | 17608 |
| NIKE INC | CL B | 654106103 |  | 424161 | 3625 | SH |  | SOLE | 0 | 0 | 0 | 3625 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 573436 | 1051 | SH |  | SOLE | 0 | 0 | 0 | 1051 |
| NOVARTIS AG | SPONSORED ADR | 66987V109 |  | 456684 | 5034 | SH |  | SOLE | 0 | 0 | 0 | 5034 |
| ORACLE CORP | COM | 68389X105 |  | 449570 | 5500 | SH |  | SOLE | 0 | 0 | 0 | 5500 |
| PARKER-HANNIFIN CORP | COM | 701094104 |  | 525546 | 1806 | SH |  | SOLE | 0 | 0 | 0 | 1806 |
| PEPSICO INC | COM | 713448108 |  | 1701298 | 9417 | SH |  | SOLE | 0 | 0 | 0 | 9417 |
| PFIZER INC | COM | 717081103 |  | 1113565 | 21732 | SH |  | SOLE | 0 | 0 | 0 | 21732 |
| PLBY GROUP INC | COM | 72814P109 |  | 56271 | 20462 | SH |  | SOLE | 0 | 0 | 0 | 20462 |
| PNC FINL SVCS GROUP INC | COM | 693475105 |  | 929635 | 5886 | SH |  | SOLE | 0 | 0 | 0 | 5886 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 866792 | 5719 | SH |  | SOLE | 0 | 0 | 0 | 5719 |
| PROLOGIS INC. | COM | 74340W103 |  | 495674 | 4397 | SH |  | SOLE | 0 | 0 | 0 | 4397 |
| PROSHARES TR | ULTRAPRO SHT QQQ | 74347G432 |  | 232894 | 4312 | SH |  | SOLE | 0 | 0 | 0 | 4312 |
| PROSHARES TR II | VIX SH TRM FUTRS | 74347Y854 |  | 157647 | 13853 | SH |  | SOLE | 0 | 0 | 0 | 13853 |
| QUALCOMM INC | COM | 747525103 |  | 907005 | 8250 | SH |  | SOLE | 0 | 0 | 0 | 8250 |
| RAYTHEON TECHNOLOGIES CORP | COM | 75513E101 |  | 843792 | 8361 | SH |  | SOLE | 0 | 0 | 0 | 8361 |
| REPUBLIC SVCS INC | COM | 760759100 |  | 335632 | 2602 | SH |  | SOLE | 0 | 0 | 0 | 2602 |
| SELECT SECTOR SPDR TR | FINANCIAL | 81369Y605 |  | 731583 | 21391 | SH |  | SOLE | 0 | 0 | 0 | 21391 |
| SHELL PLC | SPON ADS | 780259305 |  | 432706 | 7598 | SH |  | SOLE | 0 | 0 | 0 | 7598 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 414431 | 2443 | SH |  | SOLE | 0 | 0 | 0 | 2443 |
| SPDR INDEX SHS FDS | DJ INTL RL ETF | 78463X863 |  | 526192 | 19656 | SH |  | SOLE | 0 | 0 | 0 | 19656 |
| SPDR INDEX SHS FDS | DJ GLB RL ES ETF | 78463X749 |  | 287710 | 7034 | SH |  | SOLE | 0 | 0 | 0 | 7034 |
| SPDR SER TR | BLOOMBERG SHORT | 78464A334 |  | 273914 | 10122 | SH |  | SOLE | 0 | 0 | 0 | 10122 |
| SPDR SER TR | NUVEEN BLMBRG SH | 78468R739 |  | 375840 | 8000 | SH |  | SOLE | 0 | 0 | 0 | 8000 |
| SPDR SER TR | S DIVID ETF | 78464A763 |  | 202303 | 1617 | SH |  | SOLE | 0 | 0 | 0 | 1617 |
| STARBUCKS CORP | COM | 855244109 |  | 848259 | 8551 | SH |  | SOLE | 0 | 0 | 0 | 8551 |
| STRYKER CORPORATION | COM | 863667101 |  | 455974 | 1865 | SH |  | SOLE | 0 | 0 | 0 | 1865 |
| TARGET CORP | COM | 87612E106 |  | 440711 | 2957 | SH |  | SOLE | 0 | 0 | 0 | 2957 |
| TELEPHONE  DATA SYS INC | COM NEW | 879433829 |  | 1003998 | 95710 | SH |  | SOLE | 0 | 0 | 0 | 95710 |
| TESLA INC | COM | 88160R101 |  | 277155 | 2250 | SH |  | SOLE | 0 | 0 | 0 | 2250 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 481854 | 875 | SH |  | SOLE | 0 | 0 | 0 | 875 |
| TJX COS INC NEW | COM | 872540109 |  | 441780 | 5550 | SH |  | SOLE | 0 | 0 | 0 | 5550 |
| TORONTO DOMINION BK ONT | COM NEW | 891160509 |  | 595533 | 9196 | SH |  | SOLE | 0 | 0 | 0 | 9196 |
| TRAVELERS COMPANIES INC | COM | 89417E109 |  | 466850 | 2490 | SH |  | SOLE | 0 | 0 | 0 | 2490 |
| UNILEVER PLC | SPON ADR NEW | 904767704 |  | 221540 | 4400 | SH |  | SOLE | 0 | 0 | 0 | 4400 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 556159 | 1049 | SH |  | SOLE | 0 | 0 | 0 | 1049 |
| VANECK ETF TRUST | VANECK SHRT MUNI | 92189F528 |  | 274469 | 16260 | SH |  | SOLE | 0 | 0 | 0 | 16260 |
| VANGUARD BD INDEX FDS | SHORT TRM BOND | 921937827 |  | 1053916 | 14000 | SH |  | SOLE | 0 | 0 | 0 | 14000 |
| VANGUARD INDEX FDS | SM CP VAL ETF | 922908611 |  | 592483 | 3731 | SH |  | SOLE | 0 | 0 | 0 | 3731 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 1241489 | 15052 | SH |  | SOLE | 0 | 0 | 0 | 15052 |
| VANGUARD INTL EQUITY INDEX F | GLB EX US ETF | 922042676 |  | 1717429 | 41544 | SH |  | SOLE | 0 | 0 | 0 | 41544 |
| VANGUARD MUN BD FDS | TAX EXEMPT BD | 922907746 |  | 546073 | 11034 | SH |  | SOLE | 0 | 0 | 0 | 11034 |
| VANGUARD SCOTTSDALE FDS | TOTAL WLD BD ETF | 92206C565 |  | 208257 | 3106 | SH |  | SOLE | 0 | 0 | 0 | 3106 |
| VANGUARD SCOTTSDALE FDS | INTER TERM TREAS | 92206C706 |  | 10460906 | 178880 | SH |  | SOLE | 0 | 0 | 0 | 178880 |
| VANGUARD SCOTTSDALE FDS | SHORT TERM TREAS | 92206C102 |  | 303555 | 5250 | SH |  | SOLE | 0 | 0 | 0 | 5250 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 451406 | 11457 | SH |  | SOLE | 0 | 0 | 0 | 11457 |
| VISA INC | COM CL A | 92826C839 |  | 1049396 | 5051 | SH |  | SOLE | 0 | 0 | 0 | 5051 |
| WALMART INC | COM | 931142103 |  | 453303 | 3197 | SH |  | SOLE | 0 | 0 | 0 | 3197 |
| WEC ENERGY GROUP INC | COM | 92939U106 |  | 383010 | 4085 | SH |  | SOLE | 0 | 0 | 0 | 4085 |
| WILLIS TOWERS WATSON PLC LTD | SHS | G96629103 |  | 308171 | 1260 | SH |  | SOLE | 0 | 0 | 0 | 1260 |
| WISDOMTREE TR | US MIDCAP DIVID | 97717W505 |  | 201838 | 4906 | SH |  | SOLE | 0 | 0 | 0 | 4906 |
| WISDOMTREE TR | US SMALLCAP DIVD | 97717W604 |  | 1710045 | 60128 | SH |  | SOLE | 0 | 0 | 0 | 60128 |
| YUM BRANDS INC | COM | 988498101 |  | 650092 | 5076 | SH |  | SOLE | 0 | 0 | 0 | 5076 |

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