# EDGAR Filing Document

**Accession Number:** 0001646821
**File Stem:** 0001085146-23-000379
**Filing Date:** 2023-1
**Character Count:** 19633
**Document Hash:** 9086421769870017b6792907276187b6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001085146-23-000379.hdr.sgml**: 20230126

**ACCESSION NUMBER**: 0001085146-23-000379

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230126

**DATE AS OF CHANGE**: 20230125

**EFFECTIVENESS DATE**: 20230126

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** D'Orazio & Associates, Inc.
- **CENTRAL INDEX KEY:** 0001646821
- **IRS NUMBER:** 201304733
- **STATE OF INCORPORATION:** VA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-16943
- **FILM NUMBER:** 23553715

**BUSINESS ADDRESS:**
- **STREET 1:** 7600 LEESBURG PIKE, STE 460E
- **CITY:** FALLS CHURCH
- **STATE:** VA
- **ZIP:** 22043
- **BUSINESS PHONE:** 7032693100

**MAIL ADDRESS:**
- **STREET 1:** 7600 LEESBURG PIKE, STE 460E
- **CITY:** FALLS CHURCH
- **STATE:** VA
- **ZIP:** 22043

### 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:** D'Orazio  Associates Inc.<br>**Address:** 7600 LEESBURG PIKE STE 460E<br>FALLS CHURCH, VA 22043

**Form 13F File Number:** 028-16943

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 A D'Orazio<br>**Title:** President and Chief Compliance Officer<br>**Phone:** 703-269-3100

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

/s/Joseph A D'Orazio  FALLS CHURCH, VA  01-25-2023<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:** 146

**Form 13F Information Table Value Total:** $422229871

      (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 | BBG001S5T7X2 | 383127 | 3195 | SH |  | SOLE |  | 0 | 0 | 3195 |
| ABBOTT LABS | COM | 002824100 | BBG001S5N9M6 | 370839 | 3378 | SH |  | SOLE |  | 0 | 0 | 3378 |
| ABBVIE INC | COM | 00287Y109 | BBG0025Y4RZ3 | 641671 | 3970 | SH |  | SOLE |  | 0 | 0 | 3970 |
| ABSCI CORPORATION | COM | 00091E109 | BBG011N54DC3 | 31500 | 15000 | SH |  | SOLE |  | 0 | 0 | 15000 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 | BBG001SCXK90 | 1321659 | 4953 | SH |  | SOLE |  | 0 | 0 | 4953 |
| ADOBE SYSTEMS INCORPORATED | COM | 00724F101 | BBG001S5NCQ5 | 540804 | 1607 | SH |  | SOLE |  | 0 | 0 | 1607 |
| AFLAC INC | COM | 001055102 | BBG001S5NGJ4 | 212223 | 2950 | SH |  | SOLE |  | 0 | 0 | 2950 |
| ALPHABET INC | CAP STK CL A | 02079K305 | BBG009S39JY5 | 564496 | 6398 | SH |  | SOLE |  | 0 | 0 | 6398 |
| ALPHABET INC | CAP STK CL C | 02079K107 | BBG009S3NB21 | 650213 | 7328 | SH |  | SOLE |  | 0 | 0 | 7328 |
| ALTRIA GROUP INC | COM | 02209S103 | BBG001S5T8T5 | 551426 | 12028 | SH |  | SOLE |  | 0 | 0 | 12028 |
| AMAZON COM INC | COM | 023135106 | BBG001S5PQL7 | 872004 | 10381 | SH |  | SOLE |  | 0 | 0 | 10381 |
| AMERICAN INTL GROUP INC | COM NEW | 026874784 | BBG001S5NJG1 | 427502 | 6760 | SH |  | SOLE |  | 0 | 0 | 6760 |
| AMGEN INC | COM | 031162100 | BBG001S5NNL6 | 1119701 | 4263 | SH |  | SOLE |  | 0 | 0 | 4263 |
| ANSYS INC | COM | 03662Q105 | BBG001S926L8 | 1278736 | 5293 | SH |  | SOLE |  | 0 | 0 | 5293 |
| AON PLC | SHS CL A | G0403H108 | BBG00SSQFPR9 | 211899 | 706 | SH |  | SOLE |  | 0 | 0 | 706 |
| APA CORPORATION | COM | 03743Q108 | BBG00YTS96H1 | 397620 | 8518 | SH |  | SOLE |  | 0 | 0 | 8518 |
| APPLE INC | COM | 037833100 | BBG001S5N8V8 | 4097733 | 31538 | SH |  | SOLE |  | 0 | 0 | 31538 |
| ARCH CAP GROUP LTD | ORD | G0450A105 | BBG001S9HZ74 | 354519 | 5647 | SH |  | SOLE |  | 0 | 0 | 5647 |
| AT INC | COM | 00206R102 | BBG001S5VWH2 | 202698 | 11010 | SH |  | SOLE |  | 0 | 0 | 11010 |
| ATLANTIC UN BANKSHARES CORP | COM | 04911A107 | BBG001S7GJV8 | 784676 | 22330 | SH |  | SOLE |  | 0 | 0 | 22330 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 | BBG001S82KF6 | 587357 | 2459 | SH |  | SOLE |  | 0 | 0 | 2459 |
| AUTOZONE INC | COM | 053332102 | BBG001S6Q5D9 | 480905 | 195 | SH |  | SOLE |  | 0 | 0 | 195 |
| BANCO BILBAO VIZCAYA ARGENTA | SPONSORED ADR | 05946K101 | BBG001S5XP76 | 93942 | 15631 | SH |  | SOLE |  | 0 | 0 | 15631 |
| BANK AMERICA CORP | COM | 060505104 | BBG001S5P0Y0 | 362759 | 10953 | SH |  | SOLE |  | 0 | 0 | 10953 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | BBG001S90346 | 26804180 | 86773 | SH |  | SOLE |  | 0 | 0 | 86773 |
| BLACKROCK INC | COM | 09247X101 | BBG001SDBP55 | 367973 | 519 | SH |  | SOLE |  | 0 | 0 | 519 |
| BOEING CO | COM | 097023105 | BBG001S5P0V3 | 330881 | 1737 | SH |  | SOLE |  | 0 | 0 | 1737 |
| BOOZ ALLEN HAMILTON HLDG COR | CL A | 099502106 | BBG001T91S76 | 66478044 | 636032 | SH |  | SOLE |  | 0 | 0 | 636032 |
| BP PLC | SPONSORED ADR | 055622104 | BBG001S5W4F5 | 278008 | 7959 | SH |  | SOLE |  | 0 | 0 | 7959 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 | BBG001S8N8J6 | 637754 | 8864 | SH |  | SOLE |  | 0 | 0 | 8864 |
| CANADIAN NATL RY CO | COM | 136375102 | BBG001S8WVQ7 | 223732 | 1882 | SH |  | SOLE |  | 0 | 0 | 1882 |
| CHARTER COMMUNICATIONS INC N | CL A | 16119P108 | BBG001T3TDG2 | 228214 | 673 | SH |  | SOLE |  | 0 | 0 | 673 |
| CHEVRON CORP NEW | COM | 166764100 | BBG001S67ZC5 | 1036822 | 5776 | SH |  | SOLE |  | 0 | 0 | 5776 |
| CIGNA CORP NEW | COM | 125523100 | BBG00KXRCDQ9 | 218353 | 659 | SH |  | SOLE |  | 0 | 0 | 659 |
| CISCO SYS INC | COM | 17275R102 | BBG001S6HC62 | 1201206 | 25214 | SH |  | SOLE |  | 0 | 0 | 25214 |
| COCA COLA CO | COM | 191216100 | BBG001S5SMQ8 | 370374 | 5823 | SH |  | SOLE |  | 0 | 0 | 5823 |
| CONSOLIDATED EDISON INC | COM | 209115104 | BBG001S5QRL4 | 219222 | 2300 | SH |  | SOLE |  | 0 | 0 | 2300 |
| COSTCO WHSL CORP NEW | COM | 22160K105 | BBG001S9KRQ7 | 285355 | 625 | SH |  | SOLE |  | 0 | 0 | 625 |
| DELL TECHNOLOGIES INC | CL C | 24703L202 | BBG00DW3SZT0 | 278121 | 6915 | SH |  | SOLE |  | 0 | 0 | 6915 |
| DEXCOM INC | COM | 252131107 | BBG001SKZG99 | 766408 | 6768 | SH |  | SOLE |  | 0 | 0 | 6768 |
| DIMENSIONAL ETF TRUST | US MKTWIDE VALUE | 25434V724 | BBG0177CTQC7 | 565678 | 16896 | SH |  | SOLE |  | 0 | 0 | 16896 |
| DOMINION ENERGY INC | COM | 25746U109 | BBG001S5QCP3 | 460884 | 7516 | SH |  | SOLE |  | 0 | 0 | 7516 |
| ELEVANCE HEALTH INC | COM | 036752103 | BBG001S6KBQ8 | 222629 | 434 | SH |  | SOLE |  | 0 | 0 | 434 |
| EMERSON ELEC CO | COM | 291011104 | BBG001S5QVT7 | 268103 | 2791 | SH |  | SOLE |  | 0 | 0 | 2791 |
| EXXON MOBIL CORP | COM | 30231G102 | BBG001S69V32 | 1006568 | 9126 | SH |  | SOLE |  | 0 | 0 | 9126 |
| FAIR ISAAC CORP | COM | 303250104 | BBG001S8ZT61 | 325628 | 544 | SH |  | SOLE |  | 0 | 0 | 544 |
| FIDELITY COVINGTON TRUST | MSCI FINLS IDX | 316092501 | BBG005FHWXW1 | 421872 | 8800 | SH |  | SOLE |  | 0 | 0 | 8800 |
| FIDELITY COVINGTON TRUST | MSCI HLTH CARE I | 316092600 | BBG005FHVV56 | 537432 | 8400 | SH |  | SOLE |  | 0 | 0 | 8400 |
| FIDELITY COVINGTON TRUST | MSCI INDL INDX | 316092709 | BBG005FHVVZ3 | 334686 | 6600 | SH |  | SOLE |  | 0 | 0 | 6600 |
| FIDELITY COVINGTON TRUST | MSCI INFO TECH I | 316092808 | BBG005FHWBL1 | 614315 | 6500 | SH |  | SOLE |  | 0 | 0 | 6500 |
| FINVOLUTION GROUP | SPONSORED ADS | 31810T101 | BBG00HZ6P0Q4 | 60324 | 12162 | SH |  | SOLE |  | 0 | 0 | 12162 |
| FORD MTR CO DEL | COM | 345370860 | BBG001S5TZ33 | 222966 | 19172 | SH |  | SOLE |  | 0 | 0 | 19172 |
| FORTINET INC | COM | 34959E109 | BBG001S77BL6 | 318812 | 6521 | SH |  | SOLE |  | 0 | 0 | 6521 |
| GARTNER INC | COM | 366651107 | BBG001S5SD60 | 348241 | 1036 | SH |  | SOLE |  | 0 | 0 | 1036 |
| GENERAL DYNAMICS CORP | COM | 369550108 | BBG001S5RHP1 | 286815 | 1156 | SH |  | SOLE |  | 0 | 0 | 1156 |
| GILEAD SCIENCES INC | COM | 375558103 | BBG001S6Y1X7 | 242355 | 2823 | SH |  | SOLE |  | 0 | 0 | 2823 |
| HEARTBEAM INC | COM | 42238H108 | BBG012F6HZY1 | 160977 | 32987 | SH |  | SOLE |  | 0 | 0 | 32987 |
| HEWLETT PACKARD ENTERPRISE C | COM | 42824C109 | BBG0078W3NP4 | 235059 | 14728 | SH |  | SOLE |  | 0 | 0 | 14728 |
| HIMAX TECHNOLOGIES INC | SPONSORED ADR | 43289P106 | BBG001SPKXV2 | 125243 | 20168 | SH |  | SOLE |  | 0 | 0 | 20168 |
| HOME DEPOT INC | COM | 437076102 | BBG001S5RTW7 | 861376 | 2727 | SH |  | SOLE |  | 0 | 0 | 2727 |
| HONEYWELL INTL INC | COM | 438516106 | BBG001S5X1N1 | 771051 | 3598 | SH |  | SOLE |  | 0 | 0 | 3598 |
| HOST HOTELS  RESORTS INC | COM | 44107P104 | BBG001S5RY83 | 305784 | 19032 | SH |  | SOLE |  | 0 | 0 | 19032 |
| HP INC | COM | 40434L105 | BBG001S6W7N7 | 362694 | 13498 | SH |  | SOLE |  | 0 | 0 | 13498 |
| ILLINOIS TOOL WKS INC | COM | 452308109 | BBG001S5SDX0 | 282204 | 1281 | SH |  | SOLE |  | 0 | 0 | 1281 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 | BBG001S5S399 | 395231 | 2805 | SH |  | SOLE |  | 0 | 0 | 2805 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 | BBG001S9GN63 | 10268458 | 38563 | SH |  | SOLE |  | 0 | 0 | 38563 |
| IRONNET INC | COM | 46323Q105 | BBG00QT7KQ05 | 5750 | 25000 | SH |  | SOLE |  | 0 | 0 | 25000 |
| ISHARES TR | ASIA 50 ETF | 464288430 | BBG001T0LKC4 | 781491 | 13773 | SH |  | SOLE |  | 0 | 0 | 13773 |
| ISHARES TR | CORE DIV GRWTH | 46434V621 | BBG006MJFZK4 | 51827193 | 1036544 | SH |  | SOLE |  | 0 | 0 | 1036544 |
| ISHARES TR | CORE HIGH DV ETF | 46429B663 | BBG001V0XLT8 | 7097667 | 68090 | SH |  | SOLE |  | 0 | 0 | 68090 |
| J P MORGAN EXCHANGE TRADED F | EQUITY PREMIUM | 46641Q332 | BBG00TSG0SK6 | 17450380 | 320087 | SH |  | SOLE |  | 0 | 0 | 320087 |
| J P MORGAN EXCHANGE TRADED F | ULTRA SHRT INC | 46641Q837 | BBG00GP26NW0 | 13453926 | 268317 | SH |  | SOLE |  | 0 | 0 | 268317 |
| J P MORGAN EXCHANGE TRADED F | ULTRA SHT MUNCPL | 46641Q654 | BBG00M8D2458 | 5661444 | 112019 | SH |  | SOLE |  | 0 | 0 | 112019 |
| JOBY AVIATION INC | COMMON STOCK | G65163100 | BBG00X2MYTD1 | 229542 | 68520 | SH |  | SOLE |  | 0 | 0 | 68520 |
| JOHNSON  JOHNSON | COM | 478160104 | BBG001S5SHQ9 | 2177339 | 12326 | SH |  | SOLE |  | 0 | 0 | 12326 |
| JPMORGAN CHASE  CO | COM | 46625H100 | BBG001S8CRC3 | 441323 | 3291 | SH |  | SOLE |  | 0 | 0 | 3291 |
| LILLY ELI  CO | COM | 532457108 | BBG001S5STL8 | 1047590 | 2864 | SH |  | SOLE |  | 0 | 0 | 2864 |
| LOCKHEED MARTIN CORP | COM | 539830109 | BBG001S7PS57 | 1804391 | 3709 | SH |  | SOLE |  | 0 | 0 | 3709 |
| LOWES COS INC | COM | 548661107 | BBG001S5SVL3 | 726493 | 3646 | SH |  | SOLE |  | 0 | 0 | 3646 |
| MARATHON PETE CORP | COM | 56585A102 | BBG001S169P1 | 376871 | 3238 | SH |  | SOLE |  | 0 | 0 | 3238 |
| MARRIOTT INTL INC NEW | CL A | 571903202 | BBG001S78K44 | 1308346 | 8787 | SH |  | SOLE |  | 0 | 0 | 8787 |
| MARSH  MCLENNAN COS INC | COM | 571748102 | BBG001S5T7M4 | 365380 | 2208 | SH |  | SOLE |  | 0 | 0 | 2208 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 | BBG001SKNNS6 | 546632 | 1572 | SH |  | SOLE |  | 0 | 0 | 1572 |
| MCDONALDS CORP | COM | 580135101 | BBG001S5T110 | 616851 | 2341 | SH |  | SOLE |  | 0 | 0 | 2341 |
| MCKESSON CORP | COM | 58155Q103 | BBG001S8F8P8 | 633953 | 1690 | SH |  | SOLE |  | 0 | 0 | 1690 |
| MERCK  CO INC | COM | 58933Y105 | BBG001S5TC52 | 449458 | 4051 | SH |  | SOLE |  | 0 | 0 | 4051 |
| META PLATFORMS INC | CL A | 30303M102 | BBG001SQCQC5 | 208910 | 1736 | SH |  | SOLE |  | 0 | 0 | 1736 |
| MICROSOFT CORP | COM | 594918104 | BBG001S5TD05 | 3066772 | 12788 | SH |  | SOLE |  | 0 | 0 | 12788 |
| MONDELEZ INTL INC | CL A | 609207105 | BBG001SHHZJ3 | 266621 | 3992 | SH |  | SOLE |  | 0 | 0 | 3992 |
| NATWEST GROUP PLC | SPONS ADR | 639057207 | BBG001T03WR2 | 134394 | 20804 | SH |  | SOLE |  | 0 | 0 | 20804 |
| NIKE INC | CL B | 654106103 | BBG001S6NTK2 | 315109 | 2693 | SH |  | SOLE |  | 0 | 0 | 2693 |
| NORFOLK SOUTHN CORP | COM | 655844108 | BBG001S5TQJ6 | 358119 | 1453 | SH |  | SOLE |  | 0 | 0 | 1453 |
| NORTHROP GRUMMAN CORP | COM | 666807102 | BBG001S5TP26 | 360103 | 660 | SH |  | SOLE |  | 0 | 0 | 660 |
| NOVARTIS AG | SPONSORED ADR | 66987V109 | BBG001SF5LW6 | 287945 | 3174 | SH |  | SOLE |  | 0 | 0 | 3174 |
| NOVO-NORDISK A S | ADR | 670100205 | BBG001S5TSK0 | 473149 | 3496 | SH |  | SOLE |  | 0 | 0 | 3496 |
| NVIDIA CORPORATION | COM | 67066G104 | BBG001S5TZJ6 | 307063 | 2101 | SH |  | SOLE |  | 0 | 0 | 2101 |
| ORACLE CORP | COM | 68389X105 | BBG001S5SJG6 | 665872 | 8146 | SH |  | SOLE |  | 0 | 0 | 8146 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 | BBG001S78TL6 | 281906 | 334 | SH |  | SOLE |  | 0 | 0 | 334 |
| PARATEK PHARMACEUTICALS INC | NOTE 4.750% 5/0 | 699374AB0 |  | 44136 | 50000 | SH |  | SOLE |  | 0 | 0 | 50000 |
| PEPSICO INC | COM | 713448108 | BBG001S695T1 | 1330570 | 7355 | SH |  | SOLE |  | 0 | 0 | 7355 |
| PFIZER INC | COM | 717081103 | BBG001S5V466 | 432078 | 8432 | SH |  | SOLE |  | 0 | 0 | 8432 |
| PHILIP MORRIS INTL INC | COM | 718172109 | BBG001STP9N1 | 716374 | 7056 | SH |  | SOLE |  | 0 | 0 | 7056 |
| PIMCO ETF TR | ACTIVE BD ETF | 72201R775 | BBG002N12C17 | 10487194 | 115882 | SH |  | SOLE |  | 0 | 0 | 115882 |
| PLANET LABS PBC | COM CL A | 72703X106 | BBG00ZCV3Q27 | 72484 | 16663 | SH |  | SOLE |  | 0 | 0 | 16663 |
| PRINCIPAL FINANCIAL GROUP IN | COM | 74251V102 | BBG001SD3148 | 300937 | 3586 | SH |  | SOLE |  | 0 | 0 | 3586 |
| PROCTER AND GAMBLE CO | COM | 742718109 | BBG001S5V4L9 | 984241 | 6494 | SH |  | SOLE |  | 0 | 0 | 6494 |
| PROSHARES TR II | ULTA BLMBG 2017 | 74347Y888 | BBG001T0D0D6 | 304312 | 10040 | SH |  | SOLE |  | 0 | 0 | 10040 |
| QUEST DIAGNOSTICS INC | COM | 74834L100 | BBG001S9GX43 | 304022 | 1943 | SH |  | SOLE |  | 0 | 0 | 1943 |
| RAYTHEON TECHNOLOGIES CORP | COM | 75513E101 | BBG001S5X5Q9 | 481168 | 4768 | SH |  | SOLE |  | 0 | 0 | 4768 |
| RELX PLC | SPONSORED ADR | 759530108 | BBG001S898V8 | 209092 | 7543 | SH |  | SOLE |  | 0 | 0 | 7543 |
| RESOLUTE FST PRODS INC | COM | 76117W109 | BBG001TJ3TQ9 | 201780 | 9346 | SH |  | SOLE |  | 0 | 0 | 9346 |
| RIO TINTO PLC | SPONSORED ADR | 767204100 | BBG001SB0LX9 | 244857 | 3439 | SH |  | SOLE |  | 0 | 0 | 3439 |
| SCHWAB STRATEGIC TR | INTERNL DIVID | 808524672 | BBG00Z60CHB2 | 429876 | 19174 | SH |  | SOLE |  | 0 | 0 | 19174 |
| SCHWAB STRATEGIC TR | SCHWB FDT EMK LG | 808524730 | BBG0051QPC87 | 321189 | 12962 | SH |  | SOLE |  | 0 | 0 | 12962 |
| SCHWAB STRATEGIC TR | SCHWB FDT INT LG | 808524755 | BBG0051K49J8 | 660904 | 22735 | SH |  | SOLE |  | 0 | 0 | 22735 |
| SCHWAB STRATEGIC TR | US BRD MKT ETF | 808524102 | BBG001T5XQT9 | 742041 | 16560 | SH |  | SOLE |  | 0 | 0 | 16560 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 | BBG0025RWLM4 | 7860953 | 104063 | SH |  | SOLE |  | 0 | 0 | 104063 |
| SPDR GOLD TR | GOLD SHS | 78463V107 | BBG001SCPX28 | 1763917 | 10398 | SH |  | SOLE |  | 0 | 0 | 10398 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 | BBG001S72SM3 | 498128 | 1303 | SH |  | SOLE |  | 0 | 0 | 1303 |
| SPDR SER TR | BLOOMBERG SHT TE | 78468R408 | BBG002QLYD04 | 715902 | 29534 | SH |  | SOLE |  | 0 | 0 | 29534 |
| SPIRIT AEROSYSTEMS HLDGS INC | COM CL A | 848574109 | BBG001SKF1N8 | 756665 | 25563 | SH |  | SOLE |  | 0 | 0 | 25563 |
| STARBUCKS CORP | COM | 855244109 | BBG001S72KH6 | 363585 | 3665 | SH |  | SOLE |  | 0 | 0 | 3665 |
| SYNCHRONY FINANCIAL | COM | 87165B103 | BBG00658F3Q2 | 245694 | 7477 | SH |  | SOLE |  | 0 | 0 | 7477 |
| TESLA INC | COM | 88160R101 | BBG001SQKGD7 | 421892 | 3425 | SH |  | SOLE |  | 0 | 0 | 3425 |
| TETRA TECH INC NEW | COM | 88162G103 | BBG001S5YYH5 | 1820683 | 12540 | SH |  | SOLE |  | 0 | 0 | 12540 |
| TRAVELERS COMPANIES INC | COM | 89417E109 | BBG001S5R103 | 297706 | 1588 | SH |  | SOLE |  | 0 | 0 | 1588 |
| TURKCELL ILETISIM HIZMETLERI | SPON ADR NEW | 900111204 | BBG001SFMFS5 | 115923 | 24201 | SH |  | SOLE |  | 0 | 0 | 24201 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 | BBG001S6WCJ1 | 27898274 | 52620 | SH |  | SOLE |  | 0 | 0 | 52620 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 | BBG001TC6MC1 | 3845065 | 10944 | SH |  | SOLE |  | 0 | 0 | 10944 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 | BBG001SHTTV0 | 21473580 | 116997 | SH |  | SOLE |  | 0 | 0 | 116997 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 | BBG001SHTB03 | 40923077 | 214044 | SH |  | SOLE |  | 0 | 0 | 214044 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 | BBG001SHTTZ6 | 7172306 | 184000 | SH |  | SOLE |  | 0 | 0 | 184000 |
| VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 92206C409 | BBG001T62KZ7 | 397059 | 5281 | SH |  | SOLE |  | 0 | 0 | 5281 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 | BBG001SQX4T3 | 4041303 | 26614 | SH |  | SOLE |  | 0 | 0 | 26614 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 | BBG001SSPWL4 | 25121275 | 598553 | SH |  | SOLE |  | 0 | 0 | 598553 |
| VANGUARD WORLD FDS | CONSUM STP ETF | 92204A207 | BBG001SHVR41 | 1193388 | 6230 | SH |  | SOLE |  | 0 | 0 | 6230 |
| VANGUARD WORLD FDS | ENERGY ETF | 92204A306 | BBG001SHTV45 | 347402 | 2864 | SH |  | SOLE |  | 0 | 0 | 2864 |
| VANGUARD WORLD FDS | FINANCIALS ETF | 92204A405 | BBG001SHTTM0 | 403490 | 4877 | SH |  | SOLE |  | 0 | 0 | 4877 |
| VANGUARD WORLD FDS | HEALTH CAR ETF | 92204A504 | BBG001SHVR32 | 1810508 | 7299 | SH |  | SOLE |  | 0 | 0 | 7299 |
| VANGUARD WORLD FDS | INDUSTRIAL ETF | 92204A603 | BBG001SHVTX5 | 502808 | 2753 | SH |  | SOLE |  | 0 | 0 | 2753 |
| VANGUARD WORLD FDS | INF TECH ETF | 92204A702 | BBG001SHTTR5 | 744091 | 2330 | SH |  | SOLE |  | 0 | 0 | 2330 |
| VIPSHOP HOLDINGS LIMITED | SPONSORED ADS A | 92763W103 | BBG002NLDML7 | 154296 | 11312 | SH |  | SOLE |  | 0 | 0 | 11312 |
| VISA INC | COM CL A | 92826C839 | BBG001SRCFY3 | 1308617 | 6299 | SH |  | SOLE |  | 0 | 0 | 6299 |
| WALMART INC | COM | 931142103 | BBG001S5XH92 | 1031703 | 7275 | SH |  | SOLE |  | 0 | 0 | 7275 |
| WEYERHAEUSER CO MTN BE | COM NEW | 962166104 | BBG001S5XL11 | 345650 | 11150 | SH |  | SOLE |  | 0 | 0 | 11150 |
| WISDOMTREE TR | INTL SMCAP DIV | 97717W760 | BBG001SHLB38 | 389652 | 6723 | SH |  | SOLE |  | 0 | 0 | 6723 |

---