# EDGAR Filing Document

**Accession Number:** 0001326234
**File Stem:** 0001214659-26-005739
**Filing Date:** 2026-5
**Character Count:** 25934
**Document Hash:** 83aebc445984e150e4e6174dfc35af87
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001214659-26-005739.hdr.sgml**: 20260507

**ACCESSION NUMBER**: 0001214659-26-005739

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260507

**DATE AS OF CHANGE**: 20260507

**EFFECTIVENESS DATE**: 20260507

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Allen Investment Management, LLC
- **CENTRAL INDEX KEY:** 0001326234

**ORGANIZATION NAME:**
- **EIN:** 341975156
- **STATE OF INCORPORATION:** NY
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-11378
- **FILM NUMBER:** 26954167

**BUSINESS ADDRESS:**
- **STREET 1:** 711 FIFTH AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022
- **BUSINESS PHONE:** 2128328000

**MAIL ADDRESS:**
- **STREET 1:** 711 FIFTH AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Allen Investment Management LLC
- **DATE OF NAME CHANGE:** 20050505

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 03-31-2026

**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:** Allen Investment Management LLC<br>**Address:** 711 FIFTH AVENUE<br>NEW YORK, NY 10022

**Form 13F File Number:** 028-11378

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:** Isaac Keschner<br>**Title:** Vice President<br>**Phone:** 212-832-8000

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

/s/ Isaac Keschner  New York, NY  05-07-2026<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:** 221

**Form 13F Information Table Value Total:** $8088445200

      (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   |
|:---|:---|:---|
|  | ALLEN OPERATIONS LLC | 028-12302              |

### 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 | 023135106 |  | 533869946 | 2563355 | SH |  | DFND | 1 | 2563355 | 0 | 0 |
| ABBOTT LABORATORIES | COM | 808513105 |  | 500767763 | 5328450 | SH |  | DFND | 1 | 5328450 | 0 | 0 |
| ABBVIE INC | COM | 594918104 |  | 420351432 | 1135563 | SH |  | DFND | 1 | 1135563 | 0 | 0 |
| ACUITY INC | CL A | 30303M102 |  | 402898523 | 704208 | SH |  | DFND | 1 | 704208 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | CAP STK CL C | 02079K107 |  | 340455488 | 1186835 | SH |  | DFND | 1 | 1186835 | 0 | 0 |
| AFFIRM HLDGS INC | COM | 36828A101 |  | 339076260 | 388448 | SH |  | DFND | 1 | 388448 | 0 | 0 |
| AIRBNB INC | COM CL A | 92826C839 |  | 326633931 | 1080710 | SH |  | DFND | 1 | 1080710 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | COM | 615369105 |  | 306165813 | 701813 | SH |  | DFND | 1 | 701813 | 0 | 0 |
| ALICO INC | COM | 91324P102 |  | 297281809 | 1098643 | SH |  | DFND | 1 | 1098643 | 0 | 0 |
| ALLSTATE CORP | COM | 78409V104 |  | 285239920 | 670616 | SH |  | DFND | 1 | 670616 | 0 | 0 |
| ALPHABET INC | COM | 03769M106 |  | 247087332 | 2217621 | SH |  | DFND | 1 | 2217621 | 0 | 0 |
| ALPHABET INC | COM | 097023105 |  | 237492548 | 1193250 | SH |  | DFND | 1 | 1193250 | 0 | 0 |
| ALPS ETF TR | GOLD SHS | 78463V107 |  | 214481497 | 498458 | SH |  | DFND | 1 | 498458 | 0 | 0 |
| ALTRIA GROUP INC | ALERIAN MLP | 00162Q452 |  | 210851340 | 4005535 | SH |  | DFND | 1 | 4005535 | 0 | 0 |
| AMAZON COM INC | TOTAL STK MKT | 922908769 |  | 190784764 | 594697 | SH |  | DFND | 1 | 594697 | 0 | 0 |
| AMERICAN EXPRESS CO | UNIT SER 1 | 46090E103 |  | 182107793 | 315513 | SH |  | DFND | 1 | 315513 | 0 | 0 |
| AMGEN INC | S 500 ETF SHS | 922908363 |  | 153909758 | 257568 | SH |  | DFND | 1 | 257568 | 0 | 0 |
| AMPHENOL CORP | STATE STREET ENE | 81369Y506 |  | 144878878 | 2364983 | SH |  | DFND | 1 | 2364983 | 0 | 0 |
| APOLLO GLOBAL MGMT INC | TR UNIT | 78462F103 |  | 120528390 | 185331 | SH |  | DFND | 1 | 185331 | 0 | 0 |
| APPLE INC | COM | 67066G104 |  | 120268750 | 689614 | SH |  | DFND | 1 | 689614 | 0 | 0 |
| APPLIED MATLS INC | SPONSORED ADS | 874039100 |  | 113945250 | 337166 | SH |  | DFND | 1 | 337166 | 0 | 0 |
| APPLOVIN CORP | VAN FTSE DEV MKT | 921943858 |  | 113881502 | 1777177 | SH |  | DFND | 1 | 1777177 | 0 | 0 |
| ARES CAPITAL CORP | COM | 11135F101 |  | 92921402 | 300221 | SH |  | DFND | 1 | 300221 | 0 | 0 |
| ARISTA NETWORKS INC | VG TL INTL STK F | 921909768 |  | 92767648 | 1203056 | SH |  | DFND | 1 | 1203056 | 0 | 0 |
| ASML HLDG NV | N Y REGISTRY SHS | N07059210 |  | 83023411 | 62857 | SH |  | DFND | 1 | 62857 | 0 | 0 |
| ASTERA LABS INC | COM | 037833100 |  | 79860383 | 314671 | SH |  | DFND | 1 | 314671 | 0 | 0 |
| AURORA INNOVATION INC | COM | 58733R102 |  | 76623250 | 44316 | SH |  | DFND | 1 | 44316 | 0 | 0 |
| BANK AMERICA CORP | CL A COM | 18915M107 |  | 70783905 | 343045 | SH |  | DFND | 1 | 343045 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 22788C105 |  | 67871217 | 173846 | SH |  | DFND | 1 | 173846 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL A SUB VTG SHS | 82509L107 |  | 66578786 | 561136 | SH |  | DFND | 1 | 561136 | 0 | 0 |
| BLACKROCK INC | COM | 81762P102 |  | 65724835 | 628645 | SH |  | DFND | 1 | 628645 | 0 | 0 |
| BLACKSTONE INC | ORD SHS CL A | G6683N103 |  | 60650065 | 4220603 | SH |  | DFND | 1 | 4220603 | 0 | 0 |
| BLACKSTONE SECD LENDING FD | CL A | 94419L101 |  | 56351093 | 749250 | SH |  | DFND | 1 | 749250 | 0 | 0 |
| BLUE OWL CAPITAL CORPORATION | COM | 04010L103 |  | 46824647 | 2598482 | SH |  | DFND | 1 | 2598482 | 0 | 0 |
| BOEING CO | COM | 46625H100 |  | 45759897 | 155561 | SH |  | DFND | 1 | 155561 | 0 | 0 |
| BROADCOM INC | S EQL WGT | 46137V357 |  | 44656905 | 232685 | SH |  | DFND | 1 | 232685 | 0 | 0 |
| BROOKFIELD ASSET MANAGMT LTD | COM | 38173M102 |  | 42612292 | 3365900 | SH |  | DFND | 1 | 3365900 | 0 | 0 |
| BROOKFIELD CORP | FTSE EMR MKT ETF | 922042858 |  | 42411360 | 784669 | SH |  | DFND | 1 | 784669 | 0 | 0 |
| CAMECO CORP | CORE MSCI TOTAL | 46432F834 |  | 41282784 | 476486 | SH |  | DFND | 1 | 476486 | 0 | 0 |
| CANADIAN NATL RY CO | COM | 007903107 |  | 38677332 | 190126 | SH |  | DFND | 1 | 190126 | 0 | 0 |
| CANADIAN PACIFIC KANSAS CITY | SHRT TRM CORP BD | 92206C409 |  | 38119199 | 480878 | SH |  | DFND | 1 | 480878 | 0 | 0 |
| CARGURUS INC | CORE S TTL STK | 464287150 |  | 34982802 | 245614 | SH |  | DFND | 1 | 245614 | 0 | 0 |
| CASEYS GEN STORES INC | SHS BEN INT | 46438F101 |  | 34282089 | 892298 | SH |  | DFND | 1 | 892298 | 0 | 0 |
| CATERPILLAR INC | TAX EXEMPT BD | 922907746 |  | 33592234 | 673326 | SH |  | DFND | 1 | 673326 | 0 | 0 |
| CISCO SYS INC | COM | 09260D107 |  | 32902319 | 286132 | SH |  | DFND | 1 | 286132 | 0 | 0 |
| CLOUDFLARE INC | INT-TERM CORP | 92206C870 |  | 32705862 | 395237 | SH |  | DFND | 1 | 395237 | 0 | 0 |
| COCA COLA CO | CL A | 22266T109 |  | 31016744 | 1642836 | SH |  | DFND | 1 | 1642836 | 0 | 0 |
| COCA-COLA EUROPACIFIC PARTNE | CORE MSCI EAFE | 46432F842 |  | 30892610 | 341204 | SH |  | DFND | 1 | 341204 | 0 | 0 |
| COINBASE GLOBAL INC | COM | 48251W104 |  | 30095523 | 325357 | SH |  | DFND | 1 | 325357 | 0 | 0 |
| CONOCOPHILLIPS | COM | 90353T100 |  | 30063215 | 417951 | SH |  | DFND | 1 | 417951 | 0 | 0 |
| COSTCO WHOLESALE CORPORATION | COM | 697435105 |  | 28762561 | 179396 | SH |  | DFND | 1 | 179396 | 0 | 0 |
| COUPANG INC | COM CL A | 19260Q107 |  | 28459509 | 162989 | SH |  | DFND | 1 | 162989 | 0 | 0 |
| CROWDSTRIKE HLDGS INC | COM | 478160104 |  | 28151897 | 115169 | SH |  | DFND | 1 | 115169 | 0 | 0 |
| D R HORTON INC | RUS 1000 ETF | 464287622 |  | 26398866 | 73992 | SH |  | DFND | 1 | 73992 | 0 | 0 |
| DANAHER CORP DEL | CL B NEW | 084670702 |  | 26100107 | 54466 | SH |  | DFND | 1 | 54466 | 0 | 0 |
| DBX ETF TR | COM | 83012A109 |  | 25657763 | 1395961 | SH |  | DFND | 1 | 1395961 | 0 | 0 |
| DEERE  CO | DIV APP ETF | 921908844 |  | 25000940 | 116251 | SH |  | DFND | 1 | 116251 | 0 | 0 |
| DONALDSON INC | HIGH DIV YLD | 921946406 |  | 24319205 | 164208 | SH |  | DFND | 1 | 164208 | 0 | 0 |
| DOVER CORP | MSCI ACWI ETF | 464288257 |  | 22983534 | 166102 | SH |  | DFND | 1 | 166102 | 0 | 0 |
| EASTGROUP PPTYS INC | CAP STK CL A | 02079K305 |  | 22625730 | 78682 | SH |  | DFND | 1 | 78682 | 0 | 0 |
| ELEVANCE HEALTH INC FORMERLY | COM | 931142103 |  | 22200502 | 178647 | SH |  | DFND | 1 | 178647 | 0 | 0 |
| ELI LILLY  CO | COM | 595112103 |  | 21692031 | 64208 | SH |  | DFND | 1 | 64208 | 0 | 0 |
| ENTERPRISE PRODS PARTNERS L | MSCI JAPAN ETF | 46434G822 |  | 19289136 | 228436 | SH |  | DFND | 1 | 228436 | 0 | 0 |
| EPAM SYS INC | XTRACK MSCI EAFE | 233051630 |  | 19212300 | 596285 | SH |  | DFND | 1 | 596285 | 0 | 0 |
| EXXON MOBIL CORP | COM | 191216100 |  | 18041678 | 237234 | SH |  | DFND | 1 | 237234 | 0 | 0 |
| GALLAGHER ARTHUR J  CO | COM | 74762E102 |  | 17405032 | 31702 | SH |  | DFND | 1 | 31702 | 0 | 0 |
| GE AEROSPACE | SHORT TERM TREAS | 92206C102 |  | 16497333 | 281813 | SH |  | DFND | 1 | 281813 | 0 | 0 |
| GE VERNOVA INC | CL A | 57636Q104 |  | 15976811 | 31975 | SH |  | DFND | 1 | 31975 | 0 | 0 |
| GENERAL DYNAMICS CORP | COMMON STOCK | 09261X102 |  | 15785026 | 666316 | SH |  | DFND | 1 | 666316 | 0 | 0 |
| GILEAD SCIENCES INC | CL A | 69608A108 |  | 14581666 | 99656 | SH |  | DFND | 1 | 99656 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | SPONSORD ADS | 81141R100 |  | 13096816 | 158155 | SH |  | DFND | 1 | 158155 | 0 | 0 |
| GOLUB CAP BDC INC | RUSSELL 3000 ETF | 464287689 |  | 13022359 | 35131 | SH |  | DFND | 1 | 35131 | 0 | 0 |
| HERSHEY CO | RUS 1000 GRW ETF | 464287614 |  | 12287492 | 28817 | SH |  | DFND | 1 | 28817 | 0 | 0 |
| HOME DEPOT INC | CL A | 771049103 |  | 12269787 | 216934 | SH |  | DFND | 1 | 216934 | 0 | 0 |
| HONEYWELL INTL INC | COM | 369550108 |  | 11849129 | 34523 | SH |  | DFND | 1 | 34523 | 0 | 0 |
| HUMANA INC | FINANCIALS ETF | 92204A405 |  | 11580967 | 95861 | SH |  | DFND | 1 | 95861 | 0 | 0 |
| IAC INC | STATE STREET UTI | 81369Y886 |  | 11555423 | 251807 | SH |  | DFND | 1 | 251807 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | SELECT DIVID ETF | 464287168 |  | 11048842 | 72973 | SH |  | DFND | 1 | 72973 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | US SMALLCAP DIVD | 97717W604 |  | 10544567 | 293475 | SH |  | DFND | 1 | 293475 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | COM | 742718109 |  | 10086700 | 69833 | SH |  | DFND | 1 | 69833 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | COM | 69121K104 |  | 10022218 | 906168 | SH |  | DFND | 1 | 906168 | 0 | 0 |
| INVESCO QQQ TR | CL A | 98138H101 |  | 9377366 | 72178 | SH |  | DFND | 1 | 72178 | 0 | 0 |
| IRON MTN INC DEL | COM CL A | 141788109 |  | 9151584 | 268769 | SH |  | DFND | 1 | 268769 | 0 | 0 |
| ISHARES BITCOIN TRUST ETF | STATE STREET SPD | 78464A474 |  | 9050198 | 300971 | SH |  | DFND | 1 | 300971 | 0 | 0 |
| ISHARES INC | COM | 532457108 |  | 7905043 | 8595 | SH |  | DFND | 1 | 8595 | 0 | 0 |
| ISHARES TR | COM SHS | 040413205 |  | 7366309 | 59996 | SH |  | DFND | 1 | 59996 | 0 | 0 |
| ISHARES TR | CL A | 084670108 |  | 7181400 | 10 | SH |  | DFND | 1 | 10 | 0 | 0 |
| ISHARES TR | COM | 437076102 |  | 7076649 | 21517 | SH |  | DFND | 1 | 21517 | 0 | 0 |
| ISHARES TR | COM | 580135101 |  | 6997746 | 22516 | SH |  | DFND | 1 | 22516 | 0 | 0 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 6944578 | 55865 | SH |  | DFND | 1 | 55865 | 0 | 0 |
| ISHARES TR | SELECT STOXX EUR | 84858T772 |  | 6225928 | 152821 | SH |  | DFND | 1 | 152821 | 0 | 0 |
| ISHARES TR | COM | 548661107 |  | 5916422 | 25040 | SH |  | DFND | 1 | 25040 | 0 | 0 |
| ISHARES TR | NASDAQ 100 ETF | 46138G649 |  | 5605456 | 23590 | SH |  | DFND | 1 | 23590 | 0 | 0 |
| ISHARES TR | COM | 22160K105 |  | 5461300 | 5481 | SH |  | DFND | 1 | 5481 | 0 | 0 |
| ISHARES TR | COM CL A | 00827B106 |  | 5346415 | 116683 | SH |  | DFND | 1 | 116683 | 0 | 0 |
| ISHARES TR | CL A | 609207105 |  | 5123158 | 88882 | SH |  | DFND | 1 | 88882 | 0 | 0 |
| ISHARES TR | COM | 79466L302 |  | 4975316 | 26653 | SH |  | DFND | 1 | 26653 | 0 | 0 |
| ISHARES TR | COM | 13646K108 |  | 4668314 | 59348 | SH |  | DFND | 1 | 59348 | 0 | 0 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 |  | 4333655 | 20282 | SH |  | DFND | 1 | 20282 | 0 | 0 |
| ISHARES TR | CLASS A COM | 051774107 |  | 4211320 | 1022165 | SH |  | DFND | 1 | 1022165 | 0 | 0 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 4194282 | 73856 | SH |  | DFND | 1 | 73856 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 |  | 4116395 | 6301 | SH |  | DFND | 1 | 6301 | 0 | 0 |
| ISHARES TR | ALLWRLD EX US | 922042775 |  | 4102338 | 54625 | SH |  | DFND | 1 | 54625 | 0 | 0 |
| ISHARES TR | CORE HIGH DV ETF | 46429B663 |  | 3962345 | 29195 | SH |  | DFND | 1 | 29195 | 0 | 0 |
| ISHARES TR | GROWTH ETF | 922908736 |  | 3865592 | 8850 | SH |  | DFND | 1 | 8850 | 0 | 0 |
| ISHARES TR | COM CL A | 009066101 |  | 3856339 | 30538 | SH |  | DFND | 1 | 30538 | 0 | 0 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 3825659 | 39387 | SH |  | DFND | 1 | 39387 | 0 | 0 |
| ISHARES TR | COM | 13321L108 |  | 3685887 | 33901 | SH |  | DFND | 1 | 33901 | 0 | 0 |
| ISHARES TR | COM | 459200101 |  | 3635850 | 15000 | SH |  | DFND | 1 | 15000 | 0 | 0 |
| ISHARES TR | S 500 TOP 50 | 46137V233 |  | 3362244 | 61636 | SH |  | DFND | 1 | 61636 | 0 | 0 |
| ISHARES TR | SM CP VAL ETF | 922908611 |  | 3311540 | 15243 | SH |  | DFND | 1 | 15243 | 0 | 0 |
| ISHARES TR | COM | 02209S103 |  | 3192091 | 48372 | SH |  | DFND | 1 | 48372 | 0 | 0 |
| ISHARES TR | COM | 00287Y109 |  | 3059649 | 14068 | SH |  | DFND | 1 | 14068 | 0 | 0 |
| ISHARES TR | RUS MID CAP ETF | 464287499 |  | 3014440 | 31000 | SH |  | DFND | 1 | 31000 | 0 | 0 |
| ISHARES TR | CL A LTD VT SH | 11271J107 |  | 2999616 | 74120 | SH |  | DFND | 1 | 74120 | 0 | 0 |
| ISHARES TR | COM | 00508Y102 |  | 2950717 | 10530 | SH |  | DFND | 1 | 10530 | 0 | 0 |
| ISHARES TR | COM CL A | 03831W108 |  | 2710380 | 6810 | SH |  | DFND | 1 | 6810 | 0 | 0 |
| ISHARES TR | COM | 30231G102 |  | 2594610 | 15293 | SH |  | DFND | 1 | 15293 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 871829107 |  | 2308595 | 32365 | SH |  | DFND | 1 | 32365 | 0 | 0 |
| JPMORGAN CHASE  CO | MSCI ACWI EX US | 464288240 |  | 2258757 | 32989 | SH |  | DFND | 1 | 32989 | 0 | 0 |
| KKR  CO INC | COM | 74164M108 |  | 2132336 | 8513 | SH |  | DFND | 1 | 8513 | 0 | 0 |
| KLA CORP | COM | 136375102 |  | 2055400 | 20000 | SH |  | DFND | 1 | 20000 | 0 | 0 |
| LENNAR CORP | COM NEW | 482480100 |  | 2040296 | 1386 | SH |  | DFND | 1 | 1386 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 68389X105 |  | 1983917 | 13486 | SH |  | DFND | 1 | 13486 | 0 | 0 |
| LOWES COS INC | COM NEW | 617446448 |  | 1924919 | 11697 | SH |  | DFND | 1 | 11697 | 0 | 0 |
| MASTERCARD INCORPORATED | U.S. TECH ETF | 464287721 |  | 1924141 | 10606 | SH |  | DFND | 1 | 10606 | 0 | 0 |
| MCDONALDS CORP | U.S. FINLS ETF | 464287788 |  | 1864730 | 15835 | SH |  | DFND | 1 | 15835 | 0 | 0 |
| MERCADOLIBRE  INC | COM | 911363109 |  | 1839614 | 2525 | SH |  | DFND | 1 | 2525 | 0 | 0 |
| MERCK  CO INC | COM | 855244109 |  | 1815900 | 20269 | SH |  | DFND | 1 | 20269 | 0 | 0 |
| META PLATFORMS INC | 500 VAL IDX FD | 921932703 |  | 1811897 | 8891 | SH |  | DFND | 1 | 8891 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 754730109 |  | 1614409 | 11150 | SH |  | DFND | 1 | 11150 | 0 | 0 |
| MICROSOFT CORP | RUSSELL 2000 ETF | 464287655 |  | 1612000 | 6500 | SH |  | DFND | 1 | 6500 | 0 | 0 |
| MONDELEZ INTL INC | SHORT TRM BOND | 921937827 |  | 1549852 | 19766 | SH |  | DFND | 1 | 19766 | 0 | 0 |
| MOODYS CORP | COM | 718172109 |  | 1527751 | 9240 | SH |  | DFND | 1 | 9240 | 0 | 0 |
| MORGAN STANLEY | U.S. ENERGY ETF | 464287796 |  | 1526111 | 23562 | SH |  | DFND | 1 | 23562 | 0 | 0 |
| NETFLIX INC. | COM | 002824100 |  | 1521689 | 14821 | SH |  | DFND | 1 | 14821 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 67103H107 |  | 1496807 | 16215 | SH |  | DFND | 1 | 16215 | 0 | 0 |
| NIKE INC | S 100 ETF | 464287101 |  | 1491430 | 4689 | SH |  | DFND | 1 | 4689 | 0 | 0 |
| NORFOLK SOUTHN CORP | COM | 58933Y105 |  | 1477103 | 12280 | SH |  | DFND | 1 | 12280 | 0 | 0 |
| NU HLDGS LTD | COM | 257651109 |  | 1357920 | 16000 | SH |  | DFND | 1 | 16000 | 0 | 0 |
| NVIDIA CORPORATION | COM | 149123101 |  | 1355213 | 1913 | SH |  | DFND | 1 | 1913 | 0 | 0 |
| ORACLE CORP | COM | 036752103 |  | 1199690 | 4098 | SH |  | DFND | 1 | 4098 | 0 | 0 |
| OREILLY AUTOMOTIVE INC | COM | 260003108 |  | 1176283 | 5643 | SH |  | DFND | 1 | 5643 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC | COM | 17275R102 |  | 1172220 | 15108 | SH |  | DFND | 1 | 15108 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM NEW | 369604301 |  | 1169416 | 4121 | SH |  | DFND | 1 | 4121 | 0 | 0 |
| PARKER-HANNIFIN CORP | COM | 907818108 |  | 1165520 | 4804 | SH |  | DFND | 1 | 4804 | 0 | 0 |
| PEPSICO INC | COM | 23331A109 |  | 1113815 | 8117 | SH |  | DFND | 1 | 8117 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 20825C104 |  | 1110384 | 8412 | SH |  | DFND | 1 | 8412 | 0 | 0 |
| PHILLIPS 66 | CL B | 654106103 |  | 1082600 | 20496 | SH |  | DFND | 1 | 20496 | 0 | 0 |
| PRIMERICA INC | COM | 025816109 |  | 991832 | 3279 | SH |  | DFND | 1 | 3279 | 0 | 0 |
| PROCTER  GAMBLE CO | COM | 94106L109 |  | 991767 | 4316 | SH |  | DFND | 1 | 4316 | 0 | 0 |
| PROFESIONALLY MANAGED PORTFO | COM | 438516106 |  | 967109 | 4279 | SH |  | DFND | 1 | 4279 | 0 | 0 |
| PROGRESSIVE CORP | COM SHS | 833445109 |  | 958461 | 6355 | SH |  | DFND | 1 | 6355 | 0 | 0 |
| QUALCOMM INC | COM | 235851102 |  | 947431 | 4997 | SH |  | DFND | 1 | 4997 | 0 | 0 |
| QUANTA SVCS INC | COM | 88579Y101 |  | 937314 | 6454 | SH |  | DFND | 1 | 6454 | 0 | 0 |
| RAYMOND JAMES FINL INC | US HLTHCARE ETF | 464287762 |  | 926553 | 15039 | SH |  | DFND | 1 | 15039 | 0 | 0 |
| ROBLOX CORP | COM | 743315103 |  | 907146 | 4576 | SH |  | DFND | 1 | 4576 | 0 | 0 |
| RTX CORPORATION | STATE STREET FIN | 81369Y605 |  | 902370 | 18274 | SH |  | DFND | 1 | 18274 | 0 | 0 |
| S GLOBAL INC | COM | 031162100 |  | 896071 | 2547 | SH |  | DFND | 1 | 2547 | 0 | 0 |
| SALESFORCE INC | AKRE FOCUS ETF | 74316P579 |  | 880534 | 16661 | SH |  | DFND | 1 | 16661 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 016230104 |  | 870834 | 21106 | SH |  | DFND | 1 | 21106 | 0 | 0 |
| SEA LTD | US INDUSTRIALS | 464287754 |  | 831978 | 5639 | SH |  | DFND | 1 | 5639 | 0 | 0 |
| SELECT SECTOR SPDR TR | COM | 747525103 |  | 789979 | 6134 | SH |  | DFND | 1 | 6134 | 0 | 0 |
| SELECT SECTOR SPDR TR | COM | 539830109 |  | 789797 | 1307 | SH |  | DFND | 1 | 1307 | 0 | 0 |
| SELECT SECTOR SPDR TR | COM | 65339F101 |  | 769789 | 8288 | SH |  | DFND | 1 | 8288 | 0 | 0 |
| SELECT SECTOR SPDR TR | S MC 400GR ETF | 464287606 |  | 760285 | 7556 | SH |  | DFND | 1 | 7556 | 0 | 0 |
| SELECT SECTOR SPDR TR | S SML 600 GWT | 464287887 |  | 723550 | 5000 | SH |  | DFND | 1 | 5000 | 0 | 0 |
| SELECT SECTOR SPDR TR | COM | 882508104 |  | 720913 | 3713 | SH |  | DFND | 1 | 3713 | 0 | 0 |
| SELECT SECTOR SPDR TR | COM | 293792107 |  | 718468 | 18987 | SH |  | DFND | 1 | 18987 | 0 | 0 |
| SERVICENOW INC | COM | 893641100 |  | 717396 | 619 | SH |  | DFND | 1 | 619 | 0 | 0 |
| SHOPIFY INC | COM | 020002101 |  | 708895 | 3419 | SH |  | DFND | 1 | 3419 | 0 | 0 |
| SIXTH STREET SPECIALTY LENDI | COM | 363576109 |  | 706484 | 3262 | SH |  | DFND | 1 | 3262 | 0 | 0 |
| SNOWFLAKE INC | RUS MD CP GR ETF | 464287481 |  | 696845 | 5439 | SH |  | DFND | 1 | 5439 | 0 | 0 |
| SPDR GOLD TR | COM | 375558103 |  | 673018 | 4829 | SH |  | DFND | 1 | 4829 | 0 | 0 |
| SPDR SERIES TRUST | COM | 38141G104 |  | 654796 | 774 | SH |  | DFND | 1 | 774 | 0 | 0 |
| SPINNAKER ETF SERIES | COM | 277276101 |  | 615424 | 3325 | SH |  | DFND | 1 | 3325 | 0 | 0 |
| SPOTIFY TECHNOLOGY S A | US CONSUM DISCRE | 464287580 |  | 607010 | 6263 | SH |  | DFND | 1 | 6263 | 0 | 0 |
| STARBUCKS CORP | COM | 718546104 |  | 604473 | 3318 | SH |  | DFND | 1 | 3318 | 0 | 0 |
| STATE STR SPDR S 500 ETF T | REAL ESTATE ETF | 922908553 |  | 601475 | 6781 | SH |  | DFND | 1 | 6781 | 0 | 0 |
| SYSCO CORP | STATE STREET HEA | 81369Y209 |  | 578083 | 3943 | SH |  | DFND | 1 | 3943 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MANUFAC | COM | 04626A103 |  | 569591 | 5197 | SH |  | DFND | 1 | 5197 | 0 | 0 |
| TERAWULF INC | COM NEW | 44891N208 |  | 551373 | 13774 | SH |  | DFND | 1 | 13774 | 0 | 0 |
| TESLA INC | RUS 2000 GRW ETF | 464287648 |  | 539753 | 1720 | SH |  | DFND | 1 | 1720 | 0 | 0 |
| TEXAS INSTRS INC | SPONSORED ADS | 01609W102 |  | 536216 | 4274 | SH |  | DFND | 1 | 4274 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 09290D101 |  | 534980 | 556 | SH |  | DFND | 1 | 556 | 0 | 0 |
| TRANSDIGM GROUP INC | INTERMED TERM | 921937819 |  | 534780 | 6929 | SH |  | DFND | 1 | 6929 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 427866108 |  | 523883 | 2520 | SH |  | DFND | 1 | 2520 | 0 | 0 |
| UNILEVER PLC | CL A LMT VTG SHS | 113004105 |  | 522688 | 11759 | SH |  | DFND | 1 | 11759 | 0 | 0 |
| UNION PAC CORP | STATE STREET IND | 81369Y704 |  | 517859 | 3202 | SH |  | DFND | 1 | 3202 | 0 | 0 |
| UNITED RENTALS INC | COM | 038222105 |  | 506875 | 1483 | SH |  | DFND | 1 | 1483 | 0 | 0 |
| UNITEDHEALTH GROUP INC | EXPANDED TECH | 464287515 |  | 500633 | 6254 | SH |  | DFND | 1 | 6254 | 0 | 0 |
| US BANCORP | STATE STREET CON | 81369Y407 |  | 496513 | 4556 | SH |  | DFND | 1 | 4556 | 0 | 0 |
| VANGUARD ADMIRAL FDS INC | STATE STREET CON | 81369Y308 |  | 476550 | 5813 | SH |  | DFND | 1 | 5813 | 0 | 0 |
| VANGUARD BD INDEX FDS | COM | 64110L106 |  | 474116 | 4931 | SH |  | DFND | 1 | 4931 | 0 | 0 |
| VANGUARD BD INDEX FDS | RUS MDCP VAL ETF | 464287473 |  | 472926 | 3245 | SH |  | DFND | 1 | 3245 | 0 | 0 |
| VANGUARD BD INDEX FDS | COM | 655844108 |  | 456043 | 1589 | SH |  | DFND | 1 | 1589 | 0 | 0 |
| VANGUARD BD INDEX FDS | COM | 88160R101 |  | 443498 | 1193 | SH |  | DFND | 1 | 1193 | 0 | 0 |
| VANGUARD INDEX FDS | SPON ADR NEW | 904767803 |  | 400214 | 7025 | SH |  | DFND | 1 | 7025 | 0 | 0 |
| VANGUARD INDEX FDS | RUS 2000 VAL ETF | 464287630 |  | 382403 | 2017 | SH |  | DFND | 1 | 2017 | 0 | 0 |
| VANGUARD INDEX FDS | COM | 75513E101 |  | 369596 | 1916 | SH |  | DFND | 1 | 1916 | 0 | 0 |
| VANGUARD INDEX FDS | SHS | L8681T102 |  | 367562 | 758 | SH |  | DFND | 1 | 758 | 0 | 0 |
| VANGUARD INDEX FDS | CL A | 526057104 |  | 352657 | 4061 | SH |  | DFND | 1 | 4061 | 0 | 0 |
| VANGUARD INDEX FDS | COM | 713448108 |  | 347384 | 2237 | SH |  | DFND | 1 | 2237 | 0 | 0 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 344425 | 1315 | SH |  | DFND | 1 | 1315 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | TOTAL BND MRKT | 921937835 |  | 299568 | 4068 | SH |  | DFND | 1 | 4068 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | COM | 701094104 |  | 294534 | 329 | SH |  | DFND | 1 | 329 | 0 | 0 |
| VANGUARD MUN BD FDS | COM NEW | 902973304 |  | 277161 | 5329 | SH |  | DFND | 1 | 5329 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | COM | 46284V101 |  | 275369 | 2696 | SH |  | DFND | 1 | 2696 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | SHS | G25839104 |  | 272010 | 3000 | SH |  | DFND | 1 | 3000 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | COM | 88080T104 |  | 266998 | 18503 | SH |  | DFND | 1 | 18503 | 0 | 0 |
| VANGUARD SPECIALIZED FUNDS | COM | 244199105 |  | 264790 | 470 | SH |  | DFND | 1 | 470 | 0 | 0 |
| VANGUARD STAR FDS | COM | 060505104 |  | 261495 | 5364 | SH |  | DFND | 1 | 5364 | 0 | 0 |
| VANGUARD TAX-MANAGED FDS | COM | 444859102 |  | 244133 | 1408 | SH |  | DFND | 1 | 1408 | 0 | 0 |
| VANGUARD WHITEHALL FDS | COM | 883556102 |  | 231511 | 471 | SH |  | DFND | 1 | 471 | 0 | 0 |
| VANGUARD WORLD FD | COM | 147528103 |  | 229276 | 315 | SH |  | DFND | 1 | 315 | 0 | 0 |
| VISA INC | CL A | 032095101 |  | 227430 | 1800 | SH |  | DFND | 1 | 1800 | 0 | 0 |
| WALMART INC | VANGUARD ULTRA | 92203C303 |  | 223435 | 4488 | SH |  | DFND | 1 | 4488 | 0 | 0 |
| WASTE MGMT INC DEL | MID CAP ETF | 922908629 |  | 222565 | 775 | SH |  | DFND | 1 | 775 | 0 | 0 |
| WAYFAIR INC | COM | 29414B104 |  | 217994 | 1610 | SH |  | DFND | 1 | 1610 | 0 | 0 |
| WISDOMTREE TR | SP SMCP600VL ETF | 464287879 |  | 217474 | 1836 | SH |  | DFND | 1 | 1836 | 0 | 0 |
| WORKDAY INC | S MC 400VL ETF | 464287705 |  | 213590 | 1612 | SH |  | DFND | 1 | 1612 | 0 | 0 |

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