# EDGAR Filing Document

**Accession Number:** 0001908914
**File Stem:** 0001908914-25-000005
**Filing Date:** 2025-11
**Character Count:** 18394
**Document Hash:** 5852b7610df0f60f562d649a09b46338
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001908914-25-000005.hdr.sgml**: 20251113

**ACCESSION NUMBER**: 0001908914-25-000005

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251113

**DATE AS OF CHANGE**: 20251113

**EFFECTIVENESS DATE**: 20251113

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SFG Wealth Management, LLC.
- **CENTRAL INDEX KEY:** 0001908914

**ORGANIZATION NAME:**
- **EIN:** 134280330
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-21892
- **FILM NUMBER:** 251479431

**BUSINESS ADDRESS:**
- **STREET 1:** 1104 KENILWORTH DRIVE
- **STREET 2:** SUITE 500
- **CITY:** TOWSON
- **STATE:** MD
- **ZIP:** 21204
- **BUSINESS PHONE:** 410-825-3200

**MAIL ADDRESS:**
- **STREET 1:** 1104 KENILWORTH DRIVE
- **STREET 2:** SUITE 500
- **CITY:** TOWSON
- **STATE:** MD
- **ZIP:** 21204

### 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:** SFG Wealth Management LLC.<br>**Address:** 1104 KENILWORTH DRIVE<br>SUITE 500<br>TOWSON, MD 21204

**Form 13F File Number:** 028-21892

**CRD Number (if applicable):** 000285785

**SEC File Number (if applicable):** 801-108748

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:** Timothy Carne<br>**Title:** Chief Compliance Officer<br>**Phone:** 410-825-3200

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

/s/Timothy Carne  Towson, MD  11-13-2025<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:** 129

**Form 13F Information Table Value Total:** $230848953

      (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 |
| ALPHABET INC | CAP STK CL A | 02079K305 | BBG009S39JY5 | 899135 | 3699 | SH |  | SOLE |  | 0 | 0 | 3699 |
| ALPHABET INC | CAP STK CL C | 02079K107 | BBG009S3NB21 | 934014 | 3835 | SH |  | SOLE |  | 0 | 0 | 3835 |
| AMAZON COM INC | COM | 023135106 | BBG001S5PQL7 | 1940121 | 8836 | SH |  | SOLE |  | 0 | 0 | 8836 |
| AMERICAN BEACON SELECT FUNDS | GLG NATURAL RESO | 02368W408 | BBG01LC6V2V2 | 318585 | 7876 | SH |  | SOLE |  | 0 | 0 | 7876 |
| AMERICAN CENTY ETF TR | INTL SMCP VLU | 025072802 | BBG00Q9MR7Z1 | 268776 | 3019 | SH |  | SOLE |  | 0 | 0 | 3019 |
| AMERICAN CENTY ETF TR | US EQT ETF | 025072885 | BBG00Q9MPQH1 | 6243451 | 57437 | SH |  | SOLE |  | 0 | 0 | 57437 |
| AMERICAN CENTY ETF TR | US SML CP VALU | 025072877 | BBG00Q9MQZW3 | 14371571 | 144394 | SH |  | SOLE |  | 0 | 0 | 144394 |
| AMGEN INC | COM | 031162100 | BBG001S5NNL6 | 352750 | 1250 | SH |  | SOLE |  | 0 | 0 | 1250 |
| APPLE INC | COM | 037833100 | BBG001S5N8V8 | 2754327 | 10817 | SH |  | SOLE |  | 0 | 0 | 10817 |
| ARES CAPITAL CORP | COM | 04010L103 | BBG001SL96Z9 | 344205 | 16865 | SH |  | SOLE |  | 16246 | 0 | 619 |
| ARK ETF TR | INNOVATION ETF | 00214Q104 | BBG007FJMV49 | 269280 | 3120 | SH |  | SOLE |  | 0 | 0 | 3120 |
| ASTRAZENECA PLC | SPONSORED ADR | 046353108 | BBG001SB80N8 | 316009 | 4119 | SH |  | SOLE |  | 0 | 0 | 4119 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | BBG001S90346 | 653059 | 1299 | SH |  | SOLE |  | 0 | 0 | 1299 |
| BLACKROCK SCIENCE  TECHNOLO | SHS | 09258G104 | BBG0077G51R4 | 425016 | 10276 | SH |  | SOLE |  | 10276 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 | BBG00KHY5SY8 | 318518 | 965 | SH |  | SOLE |  | 0 | 0 | 965 |
| CAPITAL GROUP CORE BALANCED | SHS | 14021D107 | BBG01J9W1K83 | 801016 | 23071 | SH |  | SOLE |  | 0 | 0 | 23071 |
| CAPITAL GROUP DIVIDEND GROWE | SHS ETF | 14021L109 | BBG01J9W2L17 | 1436154 | 41447 | SH |  | SOLE |  | 0 | 0 | 41447 |
| CAPITAL GROUP GLOBAL EQUITY | SHS | 14020R107 | BBG01N7SMMC3 | 1772643 | 57572 | SH |  | SOLE |  | 0 | 0 | 57572 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 | BBG014KFRPJ9 | 620846 | 1887 | SH |  | SOLE |  | 0 | 0 | 1887 |
| EXXON MOBIL CORP | COM | 30231G102 | BBG001S69V32 | 890410 | 7897 | SH |  | SOLE |  | 0 | 0 | 7897 |
| FIDELITY COVINGTON TRUST | ENHANCED INTL | 31609A404 | BBG01K4JLZG0 | 2373147 | 67266 | SH |  | SOLE |  | 0 | 0 | 67266 |
| FIRST TR EXCHANGE TRADED FD | NASDAQ CYB ETF | 33734X846 | BBG009K1H2W7 | 810494 | 10663 | SH |  | SOLE |  | 0 | 0 | 10663 |
| FIRST TR EXCHANGE TRADED FD | NASDQ CLN EDGE | 33737A108 | BBG001T61KB4 | 314394 | 2081 | SH |  | SOLE |  | 0 | 0 | 2081 |
| FIRST TR EXCHANGE TRADED FD | RISNG DIVD ACHIV | 33738R506 | BBG005SW6WS0 | 3043907 | 45256 | SH |  | SOLE |  | 0 | 0 | 45256 |
| FIRST TR EXCHANGE-TRADED FD | CAP STRENGTH ETF | 33733E104 | BBG001SQ1882 | 276118 | 2949 | SH |  | SOLE |  | 0 | 0 | 2949 |
| FIRST TR EXCHANGE-TRADED FD | SHS | 33734H106 | BBG001SLWD88 | 538400 | 11644 | SH |  | SOLE |  | 0 | 0 | 11644 |
| FIRST TR EXCHANGE-TRADED FD | SMID RISNG ETF | 33741X102 | BBG00J3TCS97 | 939604 | 24714 | SH |  | SOLE |  | 0 | 0 | 24714 |
| FRANKLIN TEMPLETON ETF TR | FRANKLIN DYN MUN | 35473P868 | BBG00HLJ4LS6 | 1223732 | 49404 | SH |  | SOLE |  | 0 | 0 | 49404 |
| GE AEROSPACE | COM NEW | 369604301 | BBG001S5PVD5 | 563737 | 1874 | SH |  | SOLE |  | 0 | 0 | 1874 |
| GE VERNOVA INC | COM | 36828A101 | BBG013G17W77 | 336351 | 547 | SH |  | SOLE |  | 0 | 0 | 547 |
| GENERAL MTRS CO | COM | 37045V100 | BBG001SM1DK6 | 572691 | 9393 | SH |  | SOLE |  | 0 | 0 | 9393 |
| GLOBAL X FDS | DEFENSE TECH ETF | 37960A529 | BBG01J6K2RX8 | 803885 | 11445 | SH |  | SOLE |  | 0 | 0 | 11445 |
| GOLDMAN SACHS ETF TR | ULTRA SHORT BOND | 381430230 | BBG00NW3TGY3 | 3796215 | 74876 | SH |  | SOLE |  | 0 | 0 | 74876 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 | BBG001SC07Z6 | 348005 | 437 | SH |  | SOLE |  | 0 | 0 | 437 |
| HARBOR ETF TRUST | HARBOR COMMODITY | 41151J505 | BBG014VVQN17 | 2178630 | 84443 | SH |  | SOLE |  | 0 | 0 | 84443 |
| HARBOR ETF TRUST | INTERNATNAL COMP | 41151J885 | BBG019FG0845 | 480809 | 16260 | SH |  | SOLE |  | 0 | 0 | 16260 |
| HARBOR ETF TRUST | LONG TERM GROWER | 41151J406 | BBG014VVP8S2 | 1676661 | 53808 | SH |  | SOLE |  | 0 | 0 | 53808 |
| HOME DEPOT INC | COM | 437076102 | BBG001S5RTW7 | 544134 | 1343 | SH |  | SOLE |  | 0 | 0 | 1343 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 | BBG001S7XR78 | 227640 | 509 | SH |  | SOLE |  | 0 | 0 | 509 |
| INVESCO EXCH TRADED FD TR II | NASDAQ 100 ETF | 46138G649 | BBG00XS6PBW6 | 867227 | 3509 | SH |  | SOLE |  | 0 | 0 | 3509 |
| INVESCO EXCH TRADED FD TR II | S LOW VOL | 46138E354 | BBG001V18CG8 | 217270 | 2957 | SH |  | SOLE |  | 1103 | 0 | 1853 |
| INVESCO EXCHANGE TRADED FD T | INTL DIVI ACHI | 46137V548 | BBG001SLKDX3 | 338108 | 15898 | SH |  | SOLE |  | 15898 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 | BBG00KJR2NN7 | 256475 | 1352 | SH |  | SOLE |  | 0 | 0 | 1352 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 | BBG001S9GN63 | 1017222 | 1694 | SH |  | SOLE |  | 0 | 0 | 1694 |
| IRON MTN INC DEL | COM | 46284V101 | BBG001SCQ2X1 | 414182 | 4063 | SH |  | SOLE |  | 0 | 0 | 4063 |
| ISHARES BITCOIN TRUST ETF | SHS BEN INT | 46438F101 | BBG01KYQ6QS5 | 517855 | 7967 | SH |  | SOLE |  | 0 | 0 | 7967 |
| ISHARES SILVER TR | ISHARES | 46428Q109 | BBG001SQLN69 | 335784 | 7925 | SH |  | SOLE |  | 0 | 0 | 7925 |
| ISHARES TR | 0-5 YR TIPS ETF | 46429B747 | BBG001TG5H89 | 631321 | 6108 | SH |  | SOLE |  | 0 | 0 | 6108 |
| ISHARES TR | 1 3 YR TREAS BD | 464287457 | BBG001SKXPR1 | 2318164 | 27943 | SH |  | SOLE |  | 0 | 0 | 27943 |
| ISHARES TR | 3 7 YR TREAS BD | 464288661 | BBG001SSD812 | 1714490 | 14346 | SH |  | SOLE |  | 0 | 0 | 14346 |
| ISHARES TR | 7-10 YR TRSY BD | 464287440 | BBG001S80936 | 1636637 | 16967 | SH |  | SOLE |  | 16967 | 0 | 0 |
| ISHARES TR | CORE DIVID ETF | 46435U861 | BBG00J5M0G99 | 852459 | 16315 | SH |  | SOLE |  | 16315 | 0 | 0 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 | BBG003H6TRS0 | 243902 | 2794 | SH |  | SOLE |  | 0 | 0 | 2794 |
| ISHARES TR | CORE MSCI INTL | 46435G326 | BBG00G9DM0M7 | 540268 | 6739 | SH |  | SOLE |  | 0 | 0 | 6739 |
| ISHARES TR | CORE S MCP ETF | 464287507 | BBG001SFC7V0 | 746074 | 11432 | SH |  | SOLE |  | 0 | 0 | 11432 |
| ISHARES TR | CORE S SCP ETF | 464287804 | BBG001SFC7W9 | 522071 | 4393 | SH |  | SOLE |  | 0 | 0 | 4393 |
| ISHARES TR | CORE S TTL STK | 464287150 | BBG001SHTRL5 | 3149814 | 21626 | SH |  | SOLE |  | 0 | 0 | 21626 |
| ISHARES TR | CORE S US GWT | 464287671 | BBG001SFQL99 | 378564 | 2301 | SH |  | SOLE |  | 0 | 0 | 2301 |
| ISHARES TR | CORE S US VLU | 464287663 | BBG001SFQL80 | 413572 | 4138 | SH |  | SOLE |  | 0 | 0 | 4138 |
| ISHARES TR | CORE S ETF | 464287200 | BBG001SFB7R6 | 396902 | 593 | SH |  | SOLE |  | 0 | 0 | 593 |
| ISHARES TR | EXPANDED TECH | 464287515 | BBG001S7W2J1 | 372057 | 3235 | SH |  | SOLE |  | 3235 | 0 | 0 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 | BBG001ST0ZQ7 | 1233192 | 15189 | SH |  | SOLE |  | 15009 | 0 | 180 |
| ISHARES TR | MSCI EAFE ETF | 464287465 | BBG001SG09V7 | 299551 | 3208 | SH |  | SOLE |  | 0 | 0 | 3208 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 | BBG001SK77D5 | 231990 | 4344 | SH |  | SOLE |  | 0 | 0 | 4344 |
| ISHARES TR | MSCI USA QLT FCT | 46432F339 | BBG004TRTWW3 | 224843 | 1156 | SH |  | SOLE |  | 0 | 0 | 1156 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 | BBG001S56320 | 1092292 | 2332 | SH |  | SOLE |  | 0 | 0 | 2332 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 | BBG001SFC7Y7 | 584131 | 2414 | SH |  | SOLE |  | 0 | 0 | 2414 |
| ISHARES TR | US DIGITAL INFRA | 464287531 | BBG001SJ8F03 | 420307 | 4846 | SH |  | SOLE |  | 0 | 0 | 4846 |
| J P MORGAN EXCHANGE TRADED F | EQUITY FOCUS ETF | 46654Q781 | BBG01H4ZM978 | 4146382 | 55964 | SH |  | SOLE |  | 0 | 0 | 55964 |
| J P MORGAN EXCHANGE TRADED F | U S TECH LEADERS | 46654Q732 | BBG01J9W2923 | 383052 | 4165 | SH |  | SOLE |  | 0 | 0 | 4165 |
| J P MORGAN EXCHANGE TRADED F | ULTRA SHT MUNCPL | 46641Q654 | BBG00M8D2458 | 1299674 | 25464 | SH |  | SOLE |  | 0 | 0 | 25464 |
| JPMORGAN CHASE  CO. | COM | 46625H100 | BBG001S8CRC3 | 729433 | 2313 | SH |  | SOLE |  | 0 | 0 | 2313 |
| KRANESHARES TRUST | MSCI EMG EX CH | 500767769 | BBG00NW3T1X7 | 376661 | 10884 | SH |  | SOLE |  | 0 | 0 | 10884 |
| LAZARD ACTIVE ETF TR | INTL DYNAMIC EQT | 52110K400 | BBG01TT439S2 | 716238 | 25264 | SH |  | SOLE |  | 0 | 0 | 25264 |
| LOCKHEED MARTIN CORP | COM | 539830109 | BBG001S7PS57 | 465178 | 932 | SH |  | SOLE |  | 0 | 0 | 932 |
| LOWES COS INC | COM | 548661107 | BBG001S5SVL3 | 231707 | 922 | SH |  | SOLE |  | 0 | 0 | 922 |
| LPL FINL HLDGS INC | COM | 50212V100 | BBG001T5GK39 | 394570 | 1186 | SH |  | SOLE |  | 0 | 0 | 1186 |
| MCCORMICK  CO INC | COM NON VTG | 579780206 | BBG001S79S19 | 674158 | 10076 | SH |  | SOLE |  | 0 | 0 | 10076 |
| META PLATFORMS INC | CL A | 30303M102 | BBG001SQCQC5 | 641114 | 873 | SH |  | SOLE |  | 0 | 0 | 873 |
| MICRON TECHNOLOGY INC | COM | 595112103 | BBG001S6P675 | 501960 | 3000 | SH |  | SOLE |  | 0 | 0 | 3000 |
| MICROSOFT CORP | COM | 594918104 | BBG001S5TD05 | 2207371 | 4262 | SH |  | SOLE |  | 0 | 0 | 4262 |
| NUVEEN MULTI ASSET INCOME FU | COM | 670750108 | BBG013NZJD55 | 378367 | 29150 | SH |  | SOLE |  | 29150 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 | BBG001S5TZJ6 | 2159757 | 11576 | SH |  | SOLE |  | 0 | 0 | 11576 |
| ORACLE CORP | COM | 68389X105 | BBG001S5SJG6 | 295584 | 1051 | SH |  | SOLE |  | 0 | 0 | 1051 |
| PARKER-HANNIFIN CORP | COM | 701094104 | BBG001S5V554 | 2084913 | 2750 | SH |  | SOLE |  | 0 | 0 | 2750 |
| PFIZER INC | COM | 717081103 | BBG001S5V466 | 366784 | 14395 | SH |  | SOLE |  | 0 | 0 | 14395 |
| PIMCO ETF TR | ENHAN SHRT MA AC | 72201R833 | BBG001T618D9 | 3462389 | 34387 | SH |  | SOLE |  | 0 | 0 | 34387 |
| ROBINHOOD MKTS INC | COM CL A | 770700102 | BBG008NMBXP6 | 663353 | 4633 | SH |  | SOLE |  | 0 | 0 | 4633 |
| ROBLOX CORP | CL A | 771049103 | BBG001V1Y6Z1 | 1450443 | 10471 | SH |  | SOLE |  | 0 | 0 | 10471 |
| RTX CORPORATION | COM | 75513E101 | BBG001S5X5Q9 | 260199 | 1555 | SH |  | SOLE |  | 0 | 0 | 1555 |
| SELECT SECTOR SPDR TR | SBI HEALTHCARE | 81369Y209 | BBG001S7SCQ6 | 1943241 | 13963 | SH |  | SOLE |  | 0 | 0 | 13963 |
| SIMPLIFY EXCHANGE TRADED FUN | HIGH YIELD ETF | 82889N830 | BBG015BCL3G1 | 494890 | 21602 | SH |  | SOLE |  | 0 | 0 | 21602 |
| SIMPLIFY EXCHANGE TRADED FUN | SIMPLIFY US EQT | 82889N848 | BBG01163J459 | 4452170 | 99269 | SH |  | SOLE |  | 0 | 0 | 99269 |
| SPDR INDEX SHS FDS | PORTFOLIO DEVLPD | 78463X889 | BBG001SRXRJ1 | 332183 | 7763 | SH |  | SOLE |  | 0 | 0 | 7763 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 | BBG001S72SM3 | 63240852 | 94931 | SH |  | SOLE |  | 765 | 0 | 94166 |
| SPDR SERIES TRUST | BLOOMBERG 1-3 MO | 78468R663 | BBG001STKCW9 | 399773 | 4357 | SH |  | SOLE |  | 0 | 0 | 4357 |
| SPDR SERIES TRUST | NYSE TECH ETF | 78464A102 | BBG001SG42D8 | 3200123 | 11755 | SH |  | SOLE |  | 0 | 0 | 11755 |
| SPDR SERIES TRUST | PORT MTG BK ETF | 78464A383 | BBG001T2HF72 | 1637963 | 72993 | SH |  | SOLE |  | 72993 | 0 | 0 |
| SPDR SERIES TRUST | PORTFOLI S | 78464A805 | BBG001SG6843 | 6836780 | 84771 | SH |  | SOLE |  | 0 | 0 | 84771 |
| SPDR SERIES TRUST | PORTFOLIO S | 78464A854 | BBG001SPTB87 | 833912 | 10645 | SH |  | SOLE |  | 0 | 0 | 10645 |
| SPDR SERIES TRUST | PORTFOLIO S | 78468R853 | BBG004T58LZ5 | 863187 | 18635 | SH |  | SOLE |  | 6769 | 0 | 11866 |
| SPDR SERIES TRUST | PRTFLO S GW | 78464A409 | BBG001SD7RB9 | 1021211 | 9771 | SH |  | SOLE |  | 1138 | 0 | 8633 |
| SPDR SERIES TRUST | PRTFLO S VL | 78464A508 | BBG001SG4284 | 274041 | 4953 | SH |  | SOLE |  | 0 | 0 | 4953 |
| SPDR SERIES TRUST | S 400 MDCP GRW | 78464A821 | BBG001SPTBN0 | 13500388 | 147449 | SH |  | SOLE |  | 0 | 0 | 147449 |
| SPDR SERIES TRUST | S 400 MDCP VAL | 78464A839 | BBG001SPTBM1 | 522397 | 6263 | SH |  | SOLE |  | 6263 | 0 | 0 |
| SPDR SERIES TRUST | S 500 ESG ETF | 78468R531 | BBG00W7DVF50 | 214444 | 3372 | SH |  | SOLE |  | 0 | 0 | 3372 |
| T ROWE PRICE ETF INC | SMALL MID CAP | 87283Q826 | BBG01GZWBK89 | 1007326 | 28642 | SH |  | SOLE |  | 0 | 0 | 28642 |
| TCW ETF TRUST | DURABLE GROWTH | 29287L601 | BBG01MQQS4P8 | 519199 | 16258 | SH |  | SOLE |  | 0 | 0 | 16258 |
| TCW ETF TRUST | TRANSFORM SYSTEM | 29287L205 | BBG0151Q72C3 | 2153788 | 22047 | SH |  | SOLE |  | 0 | 0 | 22047 |
| TESLA INC | COM | 88160R101 | BBG001SQKGD7 | 209662 | 471 | SH |  | SOLE |  | 0 | 0 | 471 |
| THE ALGER ETF TRUST | AI ENABLERS ADOP | 015564503 | BBG01M13SFT7 | 2486587 | 66307 | SH |  | SOLE |  | 0 | 0 | 66307 |
| UNDER ARMOUR INC | CL C | 904311206 | BBG009DTD8J0 | 137182 | 28402 | SH |  | SOLE |  | 0 | 0 | 28402 |
| VALERO ENERGY CORP | COM | 91913Y100 | BBG001S5X8K9 | 231043 | 1357 | SH |  | SOLE |  | 0 | 0 | 1357 |
| VANECK ETF TRUST | GOLD MINERS ETF | 92189F106 | BBG001SR42Z0 | 1513178 | 19806 | SH |  | SOLE |  | 0 | 0 | 19806 |
| VANECK ETF TRUST | RARE EARTH AND S | 92189H805 | BBG001TCVD33 | 320088 | 4863 | SH |  | SOLE |  | 0 | 0 | 4863 |
| VANECK ETF TRUST | URANIUM AND NUCL | 92189F601 | BBG001SPSHC0 | 1201590 | 8858 | SH |  | SOLE |  | 0 | 0 | 8858 |
| VANECK MERK GOLD ETF | GOLD SHS | 921078101 | BBG002WYN9L7 | 5654739 | 152050 | SH |  | SOLE |  | 0 | 0 | 152050 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 | BBG001SHTTS4 | 1607173 | 3351 | SH |  | SOLE |  | 1985 | 0 | 1366 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 | BBG001SHVTS1 | 553272 | 1884 | SH |  | SOLE |  | 0 | 0 | 1884 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 | BBG001SMD2X3 | 779630 | 8528 | SH |  | SOLE |  | 5528 | 0 | 3000 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 | BBG001TC6MC1 | 1241621 | 2028 | SH |  | SOLE |  | 0 | 0 | 2028 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 | BBG001SHTTV0 | 1481690 | 5827 | SH |  | SOLE |  | 2557 | 0 | 3270 |
| VANGUARD INDEX FDS | SML CP GRW ETF | 922908595 | BBG001SHTTW9 | 547918 | 1841 | SH |  | SOLE |  | 1831 | 0 | 10 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 | BBG001SHTB03 | 1361884 | 4150 | SH |  | SOLE |  | 0 | 0 | 4150 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 | BBG001SS0V24 | 303043 | 2150 | SH |  | SOLE |  | 0 | 0 | 2150 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 | BBG001S67QY1 | 440998 | 10034 | SH |  | SOLE |  | 0 | 0 | 10034 |
| VISA INC | COM CL A | 92826C839 | BBG001SRCFY3 | 338429 | 991 | SH |  | SOLE |  | 0 | 0 | 991 |
| WALMART INC | COM | 931142103 | BBG001S5XH92 | 2199574 | 21343 | SH |  | SOLE |  | 0 | 0 | 21343 |
| WISDOMTREE TR | EFFICIENT GLD PL | 97717Y568 | BBG0160F4T03 | 1957333 | 34094 | SH |  | SOLE |  | 0 | 0 | 34094 |

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