# EDGAR Filing Document

**Accession Number:** 0001696802
**File Stem:** 0001085146-23-001123
**Filing Date:** 2023-2
**Character Count:** 18427
**Document Hash:** 3d44a727a64ad7048da1cca6cde1e382
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001085146-23-001123.hdr.sgml**: 20230213

**ACCESSION NUMBER**: 0001085146-23-001123

**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:** Forefront Analytics, LLC
- **CENTRAL INDEX KEY:** 0001696802
- **IRS NUMBER:** 262335297
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-18699
- **FILM NUMBER:** 23619026

**BUSINESS ADDRESS:**
- **STREET 1:** ONE TOWER BRIDGE
- **STREET 2:** 100 FRONT STREET, SUITE 1111
- **CITY:** WEST CONSHOHOCKEN
- **STATE:** PA
- **ZIP:** 19428
- **BUSINESS PHONE:** 6103413900

**MAIL ADDRESS:**
- **STREET 1:** ONE TOWER BRIDGE
- **STREET 2:** 100 FRONT STREET, SUITE 1111
- **CITY:** WEST CONSHOHOCKEN
- **STATE:** PA
- **ZIP:** 19428

### 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:** Forefront Analytics LLC<br>**Address:** ONE TOWER BRIDGE<br>100 FRONT STREET SUITE 1111<br>WEST CONSHOHOCKEN, PA 19428

**Form 13F File Number:** 028-18699

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:** Alec Bosacker<br>**Title:** Chief Compliance Officer<br>**Phone:** 610-341-3900

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

/s/Alec Bosacker  West Conshohocken, PA  02-13-2023<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:** 1

**Form 13F Information Table Entry Total:** 130

**Form 13F Information Table Value Total:** $187669691

      (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.]

| No.   | Name     | Form 13F File Number   |
|:---|:---|:---|
|  | GKFO LLC |  |

### 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 |
| ABBOTT LABS | COM | 002824100 | BBG001S5N9M6 | 54903 | 497 | SH |  | SOLE |  | 497 | 0 | 0 |
| ABBOTT LABS | COM | 002824100 | BBG001S5N9M6 | 233751 | 2129 | SH |  | SOLE | 1 | 2129 | 0 | 0 |
| ACHILLES THERAPEUTICS PLC | SPONSORED ADS | 00449L102 | BBG00ZHF9WP3 | 21960 | 24400 | SH |  | SOLE | 1 | 24400 | 0 | 0 |
| ACHILLES THERAPEUTICS PLC | SPONSORED ADS | 00449L102 | BBG00ZHF9WP3 | 5513 | 6125 | SH |  | SOLE |  | 6125 | 0 | 0 |
| ANNEXON INC | COM | 03589W102 | BBG007QVDFH1 | 64233 | 12424 | SH |  | SOLE | 1 | 12424 | 0 | 0 |
| ANNEXON INC | COM | 03589W102 | BBG007QVDFH1 | 15675 | 3032 | SH |  | SOLE |  | 3032 | 0 | 0 |
| ATHIRA PHARMA INC | COM | 04746L104 | BBG00C77LXM0 | 13870 | 4375 | SH |  | SOLE |  | 4375 | 0 | 0 |
| ATHIRA PHARMA INC | COM | 04746L104 | BBG00C77LXM0 | 56981 | 17975 | SH |  | SOLE | 1 | 17975 | 0 | 0 |
| BARCLAYS BANK PLC | DJUBS CMDT ETN36 | 06738C778 | BBG001SPJ625 | 1178723 | 34967 | SH |  | SOLE |  | 34967 | 0 | 0 |
| BARCLAYS BANK PLC | DJUBS CMDT ETN36 | 06738C778 | BBG001SPJ625 | 426600 | 12655 | SH |  | SOLE | 1 | 12655 | 0 | 0 |
| CODIAK BIOSCIENCES INC | COM | 192010106 | BBG00BGQ1NR9 | 31987 | 80455 | SH |  | SOLE | 1 | 80455 | 0 | 0 |
| CODIAK BIOSCIENCES INC | COM | 192010106 | BBG00BGQ1NR9 | 7746 | 19480 | SH |  | SOLE |  | 19480 | 0 | 0 |
| CYTOMX THERAPEUTICS INC | COM | 23284F105 | BBG001V0GS49 | 31510 | 19694 | SH |  | SOLE | 1 | 19694 | 0 | 0 |
| CYTOMX THERAPEUTICS INC | COM | 23284F105 | BBG001V0GS49 | 8150 | 5093 | SH |  | SOLE |  | 5093 | 0 | 0 |
| DBX ETF TR | XTRACK MSCI EAFE | 233051200 | BBG001S9Z3V8 | 1606151 | 49839 | SH |  | SOLE |  | 49839 | 0 | 0 |
| DBX ETF TR | XTRACK MSCI EAFE | 233051200 | BBG001S9Z3V8 | 5685146 | 176394 | SH |  | SOLE | 1 | 176394 | 0 | 0 |
| DEERE  CO | COM | 244199105 | BBG001S5QFF7 | 466151 | 1087 | SH |  | SOLE | 1 | 1087 | 0 | 0 |
| DESKTOP METAL INC | COM CL A | 25058X105 | BBG00P17H1G9 | 28979 | 21308 | SH |  | SOLE | 1 | 21308 | 0 | 0 |
| DYADIC INTL INC DEL | COM | 26745T101 | BBG001SJV0D6 | 14005 | 11385 | SH |  | SOLE |  | 11385 | 0 | 0 |
| DYADIC INTL INC DEL | COM | 26745T101 | BBG001SJV0D6 | 56223 | 45709 | SH |  | SOLE | 1 | 45709 | 0 | 0 |
| EIGER BIOPHARMACEUTICALS INC | COM | 28249U105 | BBG0026ZCTH6 | 11676 | 9894 | SH |  | SOLE | 1 | 9894 | 0 | 0 |
| EIGER BIOPHARMACEUTICALS INC | COM | 28249U105 | BBG0026ZCTH6 | 2933 | 2485 | SH |  | SOLE |  | 2485 | 0 | 0 |
| FIRST TR EXCHANGE-TRADED FD | NO AMER ENERGY | 33738D101 | BBG0034YTRP6 | 3640208 | 136389 | SH |  | SOLE | 1 | 136389 | 0 | 0 |
| FIRST TR EXCHANGE-TRADED FD | NO AMER ENERGY | 33738D101 | BBG0034YTRP6 | 3216197 | 120501 | SH |  | SOLE |  | 120501 | 0 | 0 |
| GERON CORP | COM | 374163103 | BBG001S6TSX4 | 14126 | 5837 | SH |  | SOLE |  | 5837 | 0 | 0 |
| GERON CORP | COM | 374163103 | BBG001S6TSX4 | 50965 | 21060 | SH |  | SOLE | 1 | 21060 | 0 | 0 |
| INCYTE CORP | COM | 45337C102 | BBG001S8Q6N2 | 53092 | 661 | SH |  | SOLE |  | 661 | 0 | 0 |
| INCYTE CORP | COM | 45337C102 | BBG001S8Q6N2 | 212847 | 2650 | SH |  | SOLE | 1 | 2650 | 0 | 0 |
| INVESCO DB COMMDY INDX TRCK | UNIT | 46138B103 | BBG001SNZTS4 | 328911 | 13343 | SH |  | SOLE | 1 | 13343 | 0 | 0 |
| INVESCO DB MULTI-SECTOR COMM | AGRICULTURE FD | 46140H106 | BBG001SSDLZ6 | 808229 | 40111 | SH |  | SOLE | 1 | 40111 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | S GBL WATER | 46138E263 | BBG00KJR22S8 | 38976 | 836 | SH |  | SOLE |  | 836 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | S GBL WATER | 46138E263 | BBG00KJR22S8 | 377436 | 8096 | SH |  | SOLE | 1 | 8096 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | SR LN ETF | 46138G508 | BBG001V0MBC0 | 403484 | 19654 | SH |  | SOLE | 1 | 19654 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | SR LN ETF | 46138G508 | BBG001V0MBC0 | 2191250 | 106733 | SH |  | SOLE |  | 106733 | 0 | 0 |
| INVESCO EXCH TRD SLF IDX FD | INVSCO 30 CORP | 46138J460 | BBG00X3HYBX8 | 782990 | 49041 | SH |  | SOLE | 1 | 49041 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | DWA MOMENTUM | 46137V837 | BBG001SJ09N0 | 2582791 | 36352 | SH |  | SOLE | 1 | 36352 | 0 | 0 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 | BBG001SJK6D5 | 1616840 | 46743 | SH |  | SOLE | 1 | 46743 | 0 | 0 |
| ISHARES INC | CUR HD MSCI EM | 46434G509 | BBG0076SN965 | 872074 | 38015 | SH |  | SOLE | 1 | 38015 | 0 | 0 |
| ISHARES INC | CUR HD MSCI EM | 46434G509 | BBG0076SN965 | 1621928 | 70704 | SH |  | SOLE |  | 70704 | 0 | 0 |
| ISHARES INC | ESG AWR MSCI EM | 46434G863 | BBG00D7BDH70 | 224473 | 7465 | SH |  | SOLE | 1 | 7465 | 0 | 0 |
| ISHARES INC | ESG AWR MSCI EM | 46434G863 | BBG00D7BDH70 | 23892 | 794 | SH |  | SOLE |  | 794 | 0 | 0 |
| ISHARES TR | 0-5 YR TIPS ETF | 46429B747 | BBG001TG5H89 | 275842 | 2845 | SH |  | SOLE | 1 | 2845 | 0 | 0 |
| ISHARES TR | 0-5 YR TIPS ETF | 46429B747 | BBG001TG5H89 | 1466907 | 15129 | SH |  | SOLE |  | 15129 | 0 | 0 |
| ISHARES TR | 20 YR TR BD ETF | 464287432 | BBG001S8MLN3 | 710654 | 7138 | SH |  | SOLE | 1 | 7138 | 0 | 0 |
| ISHARES TR | 20 YR TR BD ETF | 464287432 | BBG001S8MLN3 | 4451 | 44 | SH |  | SOLE |  | 44 | 0 | 0 |
| ISHARES TR | 3 7 YR TREAS BD | 464288661 | BBG001SSD812 | 731824 | 6368 | SH |  | SOLE |  | 6368 | 0 | 0 |
| ISHARES TR | 3 7 YR TREAS BD | 464288661 | BBG001SSD812 | 1491515 | 12982 | SH |  | SOLE | 1 | 12982 | 0 | 0 |
| ISHARES TR | 7-10 YR TRSY BD | 464287440 | BBG001S80936 | 1565399 | 16341 | SH |  | SOLE | 1 | 16341 | 0 | 0 |
| ISHARES TR | 7-10 YR TRSY BD | 464287440 | BBG001S80936 | 942032 | 9833 | SH |  | SOLE |  | 9833 | 0 | 0 |
| ISHARES TR | CORE HIGH DV ETF | 46429B663 | BBG001V0XLT8 | 2524478 | 24222 | SH |  | SOLE | 1 | 24222 | 0 | 0 |
| ISHARES TR | CORE HIGH DV ETF | 46429B663 | BBG001V0XLT8 | 5395245 | 51755 | SH |  | SOLE |  | 51755 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 | BBG001SFB7R6 | 3589968 | 9345 | SH |  | SOLE |  | 9345 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 | BBG001SFB7R6 | 888267 | 2310 | SH |  | SOLE | 1 | 2310 | 0 | 0 |
| ISHARES TR | FLTG RATE NT ETF | 46429B655 | BBG001V1QYX1 | 1006660 | 20001 | SH |  | SOLE |  | 20001 | 0 | 0 |
| ISHARES TR | GLB INFRASTR ETF | 464288372 | BBG001SYVWT6 | 4941981 | 107810 | SH |  | SOLE |  | 107810 | 0 | 0 |
| ISHARES TR | GLB INFRASTR ETF | 464288372 | BBG001SYVWT6 | 3338901 | 72836 | SH |  | SOLE | 1 | 72836 | 0 | 0 |
| ISHARES TR | GLOBAL REIT ETF | 46434V647 | BBG006S5D3J3 | 282308 | 12431 | SH |  | SOLE | 1 | 12431 | 0 | 0 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 | BBG001ST0ZQ7 | 35155 | 476 | SH |  | SOLE |  | 476 | 0 | 0 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 | BBG001ST0ZQ7 | 228530 | 3103 | SH |  | SOLE | 1 | 3103 | 0 | 0 |
| ISHARES TR | IBOXX INV CP ETF | 464287242 | BBG001S60QR6 | 363414 | 3445 | SH |  | SOLE | 1 | 3445 | 0 | 0 |
| ISHARES TR | IBOXX INV CP ETF | 464287242 | BBG001S60QR6 | 2625386 | 24899 | SH |  | SOLE |  | 24899 | 0 | 0 |
| ISHARES TR | JPMORGAN USD EMG | 464288281 | BBG001SQS9Y2 | 2755627 | 32574 | SH |  | SOLE |  | 32574 | 0 | 0 |
| ISHARES TR | JPMORGAN USD EMG | 464288281 | BBG001SQS9Y2 | 338273 | 3998 | SH |  | SOLE | 1 | 3998 | 0 | 0 |
| ISHARES TR | MBS ETF | 464288588 | BBG001SSD8B1 | 1611633 | 17376 | SH |  | SOLE |  | 17376 | 0 | 0 |
| ISHARES TR | MBS ETF | 464288588 | BBG001SSD8B1 | 266160 | 2870 | SH |  | SOLE | 1 | 2870 | 0 | 0 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 | BBG001SK77D5 | 293649 | 7748 | SH |  | SOLE | 1 | 7748 | 0 | 0 |
| ISHARES TR | MSCI USA MIN VOL | 46429B697 | BBG0025X2G81 | 783832 | 10872 | SH |  | SOLE |  | 10872 | 0 | 0 |
| ISHARES TR | MSCI USA MIN VOL | 46429B697 | BBG0025X2G81 | 100725 | 1398 | SH |  | SOLE | 1 | 1398 | 0 | 0 |
| ISHARES TR | MSCI USA MMENTM | 46432F396 | BBG004FPV022 | 5033750 | 34495 | SH |  | SOLE | 1 | 34495 | 0 | 0 |
| ISHARES TR | MSCI USA MMENTM | 46432F396 | BBG004FPV022 | 10492377 | 71899 | SH |  | SOLE |  | 71899 | 0 | 0 |
| ISHARES TR | SHORT TREAS BD | 464288679 | BBG001SSD803 | 100027 | 910 | SH |  | SOLE |  | 910 | 0 | 0 |
| ISHARES TR | SHORT TREAS BD | 464288679 | BBG001SSD803 | 552624 | 5028 | SH |  | SOLE | 1 | 5028 | 0 | 0 |
| ISHARES TR | TIPS BD ETF | 464287176 | BBG001SD9RM5 | 658421 | 6186 | SH |  | SOLE |  | 6186 | 0 | 0 |
| ISHARES TR | TIPS BD ETF | 464287176 | BBG001SD9RM5 | 1399556 | 13148 | SH |  | SOLE | 1 | 13148 | 0 | 0 |
| JASPER THERAPEUTICS INC | COM | 471871103 | BBG00QPZNPB4 | 10986 | 22750 | SH |  | SOLE |  | 22750 | 0 | 0 |
| JASPER THERAPEUTICS INC | COM | 471871103 | BBG00QPZNPB4 | 44065 | 91250 | SH |  | SOLE | 1 | 91250 | 0 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 | BBG001S8CRC3 | 454578 | 3390 | SH |  | SOLE | 1 | 3390 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 | BBG001S5T2S9 | 56524 | 729 | SH |  | SOLE |  | 729 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 | BBG001S5T2S9 | 222302 | 2860 | SH |  | SOLE | 1 | 2860 | 0 | 0 |
| MEREO BIOPHARMA GROUP PLC | SPON ADS | 589492107 | BBG00KFWZCX7 | 43425 | 57900 | SH |  | SOLE | 1 | 57900 | 0 | 0 |
| MEREO BIOPHARMA GROUP PLC | SPON ADS | 589492107 | BBG00KFWZCX7 | 11701 | 15600 | SH |  | SOLE |  | 15600 | 0 | 0 |
| NEW YORK MTG TR INC | COM PAR $.02 | 649604501 | BBG001SHHBR7 | 25600 | 10000 | SH |  | SOLE | 1 | 10000 | 0 | 0 |
| NUSHARES ETF TR | NUVEEN ESG LRGVL | 67092P300 | BBG00FJ5HBJ1 | 280076 | 8180 | SH |  | SOLE | 1 | 8180 | 0 | 0 |
| NUSHARES ETF TR | NUVEEN ESG LRGVL | 67092P300 | BBG00FJ5HBJ1 | 22045428 | 643848 | SH |  | SOLE |  | 643848 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 | BBG001S5TZJ6 | 356939 | 2442 | SH |  | SOLE | 1 | 2442 | 0 | 0 |
| ORCHARD THERAPEUTICS PLC | SPON ADS | 68570P101 | BBG00M62QW74 | 48764 | 131439 | SH |  | SOLE | 1 | 131439 | 0 | 0 |
| ORCHARD THERAPEUTICS PLC | SPON ADS | 68570P101 | BBG00M62QW74 | 12411 | 33455 | SH |  | SOLE |  | 33455 | 0 | 0 |
| PFIZER INC | COM | 717081103 | BBG001S5V466 | 247304 | 4826 | SH |  | SOLE | 1 | 4826 | 0 | 0 |
| PFIZER INC | COM | 717081103 | BBG001S5V466 | 80033 | 1561 | SH |  | SOLE |  | 1561 | 0 | 0 |
| PIMCO ETF TR | 15+ YR US TIPS | 72201R304 | BBG001T5HFW7 | 6997246 | 120141 | SH |  | SOLE |  | 120141 | 0 | 0 |
| PIMCO ETF TR | 15+ YR US TIPS | 72201R304 | BBG001T5HFW7 | 3946951 | 67770 | SH |  | SOLE | 1 | 67770 | 0 | 0 |
| POSEIDA THERAPEUTICS INC | COM | 73730P108 | BBG00BNTZ9J8 | 15187 | 2865 | SH |  | SOLE |  | 2865 | 0 | 0 |
| POSEIDA THERAPEUTICS INC | COM | 73730P108 | BBG00BNTZ9J8 | 65747 | 12405 | SH |  | SOLE | 1 | 12405 | 0 | 0 |
| PROSHARES TR | PSHS ULTRUSS2000 | 74347R842 | BBG001S5RN32 | 525200 | 16865 | SH |  | SOLE |  | 16865 | 0 | 0 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 | BBG001S6PX49 | 46173 | 64 | SH |  | SOLE |  | 64 | 0 | 0 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 | BBG001S6PX49 | 175321 | 243 | SH |  | SOLE | 1 | 243 | 0 | 0 |
| SCHWAB STRATEGIC TR | US SML CAP ETF | 808524607 | BBG001T5XQW5 | 389383 | 9612 | SH |  | SOLE | 1 | 9612 | 0 | 0 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 | BBG001S7T1S7 | 535216 | 6119 | SH |  | SOLE | 1 | 6119 | 0 | 0 |
| SELECT SECTOR SPDR TR | RL EST SEL SEC | 81369Y860 | BBG00B597137 | 1079888 | 29241 | SH |  | SOLE | 1 | 29241 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 | BBG001S72SM3 | 7495517 | 19599 | SH |  | SOLE |  | 19599 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 | BBG001S72SM3 | 530 | 1 | SH |  | SOLE | 1 | 1 | 0 | 0 |
| SPDR SER TR | BLOOMBERG HIGH Y | 78468R622 | BBG001SQS7X7 | 282071 | 3134 | SH |  | SOLE |  | 3134 | 0 | 0 |
| SPDR SER TR | BLOOMBERG HIGH Y | 78468R622 | BBG001SQS7X7 | 90242 | 1003 | SH |  | SOLE | 1 | 1003 | 0 | 0 |
| SPDR SER TR | BLOOMBERG INVT | 78468R200 | BBG0029J2J00 | 603414 | 19856 | SH |  | SOLE |  | 19856 | 0 | 0 |
| SPDR SER TR | BLOOMBERG INVT | 78468R200 | BBG0029J2J00 | 554616 | 18250 | SH |  | SOLE | 1 | 18250 | 0 | 0 |
| SPDR SER TR | FTSE INT GVT ETF | 78464A490 | BBG001STK554 | 1600173 | 38839 | SH |  | SOLE | 1 | 38839 | 0 | 0 |
| SPDR SER TR | FTSE INT GVT ETF | 78464A490 | BBG001STK554 | 4165818 | 101114 | SH |  | SOLE |  | 101114 | 0 | 0 |
| SURFACE ONCOLOGY INC | COM | 86877M209 | BBG00KFWYX53 | 41262 | 50318 | SH |  | SOLE | 1 | 50318 | 0 | 0 |
| SURFACE ONCOLOGY INC | COM | 86877M209 | BBG00KFWYX53 | 10691 | 13038 | SH |  | SOLE |  | 13038 | 0 | 0 |
| TIDAL ETF TR | RPAR RISK PARI | 886364603 | BBG00R24NZQ8 | 165829 | 8900 | SH |  | SOLE | 1 | 8900 | 0 | 0 |
| TIDAL ETF TR | RPAR RISK PARI | 886364603 | BBG00R24NZQ8 | 488697 | 26232 | SH |  | SOLE |  | 26232 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 | BBG001S6WCJ1 | 210808 | 396 | SH |  | SOLE | 1 | 396 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 | BBG001S6WCJ1 | 68524 | 128 | SH |  | SOLE |  | 128 | 0 | 0 |
| VANGUARD CHARLOTTE FDS | TOTAL INT BD ETF | 92203J407 | BBG004N1LGK2 | 580770 | 12245 | SH |  | SOLE | 1 | 12245 | 0 | 0 |
| VANGUARD CHARLOTTE FDS | TOTAL INT BD ETF | 92203J407 | BBG004N1LGK2 | 1172761 | 24726 | SH |  | SOLE |  | 24726 | 0 | 0 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 | BBG001SMD2X3 | 4456602 | 54035 | SH |  | SOLE |  | 54035 | 0 | 0 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 | BBG001SMD2X3 | 353808 | 4288 | SH |  | SOLE | 1 | 4288 | 0 | 0 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 | BBG001SHTTV0 | 2068659 | 11271 | SH |  | SOLE |  | 11271 | 0 | 0 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 | BBG001SHVR78 | 1694659 | 12072 | SH |  | SOLE |  | 12072 | 0 | 0 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 | BBG001SHVR78 | 292784 | 2083 | SH |  | SOLE | 1 | 2083 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 | BBG001SHTTZ6 | 10598265 | 271890 | SH |  | SOLE |  | 271890 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 | BBG001SHTTZ6 | 4539238 | 116450 | SH |  | SOLE | 1 | 116450 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | GLB EX US ETF | 922042676 | BBG001TCVT65 | 3005468 | 72700 | SH |  | SOLE |  | 72700 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | GLB EX US ETF | 922042676 | BBG001TCVT65 | 992219 | 24001 | SH |  | SOLE | 1 | 24001 | 0 | 0 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 | BBG001SSPWL4 | 11167424 | 266082 | SH |  | SOLE |  | 266082 | 0 | 0 |
| VANGUARD WHITEHALL FDS | EM MK GOV BD ETF | 921946885 | BBG004N1LYJ5 | 351644 | 5767 | SH |  | SOLE | 1 | 5767 | 0 | 0 |
| VANGUARD WORLD FD | EXTENDED DUR | 921910709 | BBG001SV5CV2 | 4274209 | 51604 | SH |  | SOLE |  | 51604 | 0 | 0 |
| VANGUARD WORLD FD | EXTENDED DUR | 921910709 | BBG001SV5CV2 | 869576 | 10500 | SH |  | SOLE | 1 | 10500 | 0 | 0 |
| WISDOMTREE TR | US SMALLCAP FUND | 97717W562 | BBG001SSZBC9 | 1508420 | 35417 | SH |  | SOLE | 1 | 35417 | 0 | 0 |
| WISDOMTREE TR | US SMALLCAP FUND | 97717W562 | BBG001SSZBC9 | 369399 | 8673 | SH |  | SOLE |  | 8673 | 0 | 0 |

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