# EDGAR Filing Document

**Accession Number:** 0000810384
**File Stem:** 0000810384-25-000005
**Filing Date:** 2025-8
**Character Count:** 37632
**Document Hash:** 135dfe273865df25469276015aecd6fc
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000810384-25-000005.hdr.sgml**: 20250801

**ACCESSION NUMBER**: 0000810384-25-000005

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250801

**DATE AS OF CHANGE**: 20250801

**EFFECTIVENESS DATE**: 20250801

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** JAMES INVESTMENT RESEARCH, INC.
- **CENTRAL INDEX KEY:** 0000810384

**ORGANIZATION NAME:**
- **EIN:** 310891459
- **STATE OF INCORPORATION:** OH
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-01895
- **FILM NUMBER:** 251176024

**BUSINESS ADDRESS:**
- **STREET 1:** 1349 FAIRGROUND RD
- **STREET 2:** P O BOX 8
- **CITY:** ALPHA
- **STATE:** OH
- **ZIP:** 45301
- **BUSINESS PHONE:** 9374267640

**MAIL ADDRESS:**
- **STREET 1:** P O BOX 8
- **CITY:** ALPHA
- **STATE:** OH
- **ZIP:** 45301

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** JAMES INVESTMENT RESEARCH INC
- **DATE OF NAME CHANGE:** 19990317

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 06-30-2025

**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:** JAMES INVESTMENT RESEARCH INC.<br>**Address:** P O BOX 8<br>ALPHA, OH 45301

**Form 13F File Number:** 028-01895

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:** Lesley Ott<br>**Title:** CCO<br>**Phone:** 937-426-7640

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

Lesley Ott  Beavercreek, OH  08-01-2025<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:** 338

**Form 13F Information Table Value Total:** $841033793

      (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 |
| ABBOTT LABS | COM | 002824100 |  | 7647842 | 56230 | SH |  | SOLE | 0 | 55247 | 0 | 983 |
| ABBVIE INC | COM | 00287Y109 |  | 6467186 | 34841 | SH |  | SOLE | 0 | 34331 | 0 | 510 |
| ACADEMY SPORTS  OUTDOORS IN | COM | 00402L107 |  | 203079 | 4532 | SH |  | SOLE | 0 | 4532 | 0 | 0 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 1550342 | 5187 | SH |  | SOLE | 0 | 5097 | 0 | 90 |
| ACM RESH INC | COM CL A | 00108J109 |  | 416964 | 16099 | SH |  | SOLE | 0 | 16099 | 0 | 0 |
| ADTALEM GLOBAL ED INC | COM | 00737L103 |  | 474695 | 3731 | SH |  | SOLE | 0 | 3731 | 0 | 0 |
| AEROVIRONMENT INC | COM | 008073108 |  | 484985 | 1702 | SH |  | SOLE | 0 | 1702 | 0 | 0 |
| AGREE RLTY CORP | COM | 008492100 |  | 790635 | 10822 | SH |  | SOLE | 0 | 10822 | 0 | 0 |
| ALKERMES PLC | SHS | G01767105 |  | 260580 | 9108 | SH |  | SOLE | 0 | 9108 | 0 | 0 |
| ALPHA PRO TECH LTD | COM | 020772109 |  | 51825 | 11050 | SH |  | SOLE | 0 | 11050 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 22155459 | 125719 | SH |  | SOLE | 0 | 123761 | 0 | 1958 |
| AMAZON COM INC | COM | 023135106 |  | 14597991 | 66539 | SH |  | SOLE | 0 | 65555 | 0 | 984 |
| AMERICAN CENTY ETF TR | AVANTIS EMGMKT | 025072604 |  | 447977 | 6536 | SH |  | SOLE | 0 | 6536 | 0 | 0 |
| AMERICAN CENTY ETF TR | INTL SMCP VLU | 025072802 |  | 350814 | 4425 | SH |  | SOLE | 0 | 4425 | 0 | 0 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 |  | 4678435 | 45089 | SH |  | SOLE | 0 | 44693 | 0 | 396 |
| AMERICAN FINL GROUP INC OHIO | COM | 025932104 |  | 334078 | 2647 | SH |  | SOLE | 0 | 2647 | 0 | 0 |
| AMERICAN SHARED HOSPITAL SVC | COM | 029595105 |  | 71637 | 29725 | SH |  | SOLE | 0 | 29725 | 0 | 0 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 898446 | 4065 | SH |  | SOLE | 0 | 3909 | 0 | 156 |
| AMGEN INC | COM | 031162100 |  | 1141131 | 4087 | SH |  | SOLE | 0 | 3971 | 0 | 116 |
| ANDERSONS INC | COM | 034164103 |  | 348317 | 9478 | SH |  | SOLE | 0 | 9478 | 0 | 0 |
| ANI PHARMACEUTICALS INC | COM | 00182C103 |  | 265894 | 4075 | SH |  | SOLE | 0 | 4075 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 26306848 | 128220 | SH |  | SOLE | 0 | 126326 | 0 | 1894 |
| APPLIED INDL TECHNOLOGIES IN | COM | 03820C105 |  | 372385 | 1602 | SH |  | SOLE | 0 | 1602 | 0 | 0 |
| ARCBEST CORP | COM | 03937C105 |  | 414622 | 5384 | SH |  | SOLE | 0 | 5384 | 0 | 0 |
| ARTIVION INC | COM | 228903100 |  | 210018 | 6753 | SH |  | SOLE | 0 | 6753 | 0 | 0 |
| ASML HOLDING N V | N Y REGISTRY SHS | N07059210 |  | 5947115 | 7421 | SH |  | SOLE | 0 | 7299 | 0 | 122 |
| ASSURED GUARANTY LTD | COM | G0585R106 |  | 902792 | 10365 | SH |  | SOLE | 0 | 10365 | 0 | 0 |
| ASTRAZENECA PLC | SPONSORED ADR | 046353108 |  | 4240436 | 60682 | SH |  | SOLE | 0 | 60498 | 0 | 184 |
| AT INC | COM | 00206R102 |  | 3080895 | 106458 | SH |  | SOLE | 0 | 103520 | 0 | 2938 |
| AVERY DENNISON CORP | COM | 053611109 |  | 2003166 | 11416 | SH |  | SOLE | 0 | 10851 | 0 | 565 |
| AVISTA CORP | COM | 05379B107 |  | 477487 | 12582 | SH |  | SOLE | 0 | 12582 | 0 | 0 |
| AVNET INC | COM | 053807103 |  | 440776 | 8304 | SH |  | SOLE | 0 | 8304 | 0 | 0 |
| AXCELIS TECHNOLOGIES INC | COM NEW | 054540208 |  | 277087 | 3976 | SH |  | SOLE | 0 | 3976 | 0 | 0 |
| AXOS FINANCIAL INC | COM | 05465C100 |  | 469319 | 6172 | SH |  | SOLE | 0 | 6172 | 0 | 0 |
| AXT INC | COM | 00246W103 |  | 33440 | 16000 | SH |  | SOLE | 0 | 16000 | 0 | 0 |
| B2GOLD CORP | COM | 11777Q209 |  | 40797 | 11301 | SH |  | SOLE | 0 | 11301 | 0 | 0 |
| BANCORP INC DEL | COM | 05969A105 |  | 4609329 | 80908 | SH |  | SOLE | 0 | 80568 | 0 | 340 |
| BANKUNITED INC | COM | 06652K103 |  | 252796 | 7103 | SH |  | SOLE | 0 | 7103 | 0 | 0 |
| BEAZER HOMES USA INC | COM NEW | 07556Q881 |  | 323425 | 14458 | SH |  | SOLE | 0 | 14458 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 5726743 | 11789 | SH |  | SOLE | 0 | 11665 | 0 | 124 |
| BEST BUY INC | COM | 086516101 |  | 1177259 | 17537 | SH |  | SOLE | 0 | 17272 | 0 | 265 |
| BLACKROCK INC | COM | 09290D101 |  | 8297316 | 7908 | SH |  | SOLE | 0 | 7697 | 0 | 211 |
| BOISE CASCADE CO DEL | COM | 09739D100 |  | 658009 | 7579 | SH |  | SOLE | 0 | 7579 | 0 | 0 |
| BOOT BARN HLDGS INC | COM | 099406100 |  | 1843760 | 12130 | SH |  | SOLE | 0 | 11988 | 0 | 142 |
| BOS BETTER ONLINE SOLUTIONS | SHS NEW NIS 80 | M20115180 |  | 177340 | 36565 | SH |  | SOLE | 0 | 36565 | 0 | 0 |
| BRINKER INTL INC | COM | 109641100 |  | 2684212 | 14885 | SH |  | SOLE | 0 | 14885 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 12008692 | 43565 | SH |  | SOLE | 0 | 42741 | 0 | 824 |
| BROADWIND INC | COM NEW | 11161T207 |  | 21901 | 12100 | SH |  | SOLE | 0 | 12100 | 0 | 0 |
| BUCKLE INC | COM | 118440106 |  | 431324 | 9511 | SH |  | SOLE | 0 | 9511 | 0 | 0 |
| BUILD-A-BEAR WORKSHOP INC | COM | 120076104 |  | 208509 | 4044 | SH |  | SOLE | 0 | 4044 | 0 | 0 |
| CADENCE DESIGN SYSTEM INC | COM | 127387108 |  | 4277122 | 13880 | SH |  | SOLE | 0 | 13572 | 0 | 308 |
| CASEYS GEN STORES INC | COM | 147528103 |  | 4803172 | 9413 | SH |  | SOLE | 0 | 9366 | 0 | 47 |
| CATERPILLAR INC | COM | 149123101 |  | 11220045 | 28902 | SH |  | SOLE | 0 | 28458 | 0 | 444 |
| CBAK ENERGY TECHNOLOGY INC | COM | 14986C102 |  | 61975 | 52521 | SH |  | SOLE | 0 | 52521 | 0 | 0 |
| CBRE GROUP INC | CL A | 12504L109 |  | 4804435 | 34288 | SH |  | SOLE | 0 | 33657 | 0 | 631 |
| CENTRAL GARDEN  PET CO | CL A NON-VTG | 153527205 |  | 521510 | 16667 | SH |  | SOLE | 0 | 16667 | 0 | 0 |
| CENTURY CMNTYS INC | COM | 156504300 |  | 268590 | 4769 | SH |  | SOLE | 0 | 4769 | 0 | 0 |
| CF INDS HLDGS INC | COM | 125269100 |  | 1365567 | 14843 | SH |  | SOLE | 0 | 14820 | 0 | 23 |
| CHENIERE ENERGY INC | COM NEW | 16411R208 |  | 2264492 | 9299 | SH |  | SOLE | 0 | 9162 | 0 | 137 |
| CHEVRON CORP NEW | COM | 166764100 |  | 6878169 | 48035 | SH |  | SOLE | 0 | 47433 | 0 | 602 |
| CISCO SYS INC | COM | 17275R102 |  | 1569861 | 22627 | SH |  | SOLE | 0 | 22555 | 0 | 72 |
| CLEARWAY ENERGY INC | CL C | 18539C204 |  | 239776 | 7493 | SH |  | SOLE | 0 | 7493 | 0 | 0 |
| CLEVELAND-CLIFFS INC NEW | COM | 185899101 |  | 187956 | 24731 | SH |  | SOLE | 0 | 24731 | 0 | 0 |
| COCA COLA CONS INC | COM | 191098102 |  | 1671401 | 14970 | SH |  | SOLE | 0 | 14970 | 0 | 0 |
| CONCENTRIX CORP | COM | 20602D101 |  | 350112 | 6624 | SH |  | SOLE | 0 | 6219 | 0 | 405 |
| CORCEPT THERAPEUTICS INC | COM | 218352102 |  | 1065768 | 14520 | SH |  | SOLE | 0 | 14520 | 0 | 0 |
| CORE NATURAL RESOURCES INC | COM SHS | 218937100 |  | 240254 | 3445 | SH |  | SOLE | 0 | 3445 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 4071625 | 4113 | SH |  | SOLE | 0 | 3947 | 0 | 166 |
| CPI AEROSTRUCTURES INC | COM NEW | 125919308 |  | 93027 | 26579 | SH |  | SOLE | 0 | 26579 | 0 | 0 |
| CPS TECHNOLOGIES CORP | COM | 12619F104 |  | 99587 | 35952 | SH |  | SOLE | 0 | 35952 | 0 | 0 |
| CRA INTL INC | COM | 12618T105 |  | 646427 | 3450 | SH |  | SOLE | 0 | 3450 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 |  | 483973 | 2450 | SH |  | SOLE | 0 | 2450 | 0 | 0 |
| DARDEN RESTAURANTS INC | COM | 237194105 |  | 1290818 | 5922 | SH |  | SOLE | 0 | 5900 | 0 | 22 |
| DATA I O CORP | COM | 237690102 |  | 69446 | 22402 | SH |  | SOLE | 0 | 22402 | 0 | 0 |
| DECKERS OUTDOOR CORP | COM | 243537107 |  | 4524979 | 43902 | SH |  | SOLE | 0 | 42929 | 0 | 973 |
| DEERE  CO | COM | 244199105 |  | 2104640 | 4139 | SH |  | SOLE | 0 | 4095 | 0 | 44 |
| DIGITAL RLTY TR INC | COM | 253868103 |  | 740728 | 4249 | SH |  | SOLE | 0 | 4123 | 0 | 126 |
| DISNEY WALT CO | COM | 254687106 |  | 616702 | 4973 | SH |  | SOLE | 0 | 4955 | 0 | 18 |
| DONNELLEY FINL SOLUTIONS INC | COM | 25787G100 |  | 1070367 | 17362 | SH |  | SOLE | 0 | 17362 | 0 | 0 |
| DORIAN LPG LTD | SHS USD | Y2106R110 |  | 261037 | 10707 | SH |  | SOLE | 0 | 10214 | 0 | 493 |
| DYNAVAX TECHNOLOGIES CORP | COM NEW | 268158201 |  | 665910 | 67128 | SH |  | SOLE | 0 | 67128 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 |  | 6455093 | 18082 | SH |  | SOLE | 0 | 17955 | 0 | 127 |
| ELEVANCE HEALTH INC | COM | 036752103 |  | 731245 | 1880 | SH |  | SOLE | 0 | 1800 | 0 | 80 |
| ELI LILLY  CO | COM | 532457108 |  | 8906910 | 11426 | SH |  | SOLE | 0 | 11347 | 0 | 79 |
| ELTEK LTD | SHS | M40184208 |  | 277723 | 25907 | SH |  | SOLE | 0 | 25907 | 0 | 0 |
| ENOVA INTL INC | COM | 29357K103 |  | 18366452 | 164692 | SH |  | SOLE | 0 | 163360 | 0 | 1332 |
| ENSIGN GROUP INC | COM | 29358P101 |  | 347856 | 2255 | SH |  | SOLE | 0 | 2255 | 0 | 0 |
| ENTERGY CORP NEW | COM | 29364G103 |  | 519168 | 6246 | SH |  | SOLE | 0 | 6114 | 0 | 132 |
| EOS ENERGY ENTERPRISES INC | COM CL A | 29415C101 |  | 541425 | 105747 | SH |  | SOLE | 0 | 105747 | 0 | 0 |
| EPLUS INC | COM | 294268107 |  | 337716 | 4684 | SH |  | SOLE | 0 | 4684 | 0 | 0 |
| EPR PPTYS | COM SH BEN INT | 26884U109 |  | 343559 | 5897 | SH |  | SOLE | 0 | 5897 | 0 | 0 |
| EVERCORE INC | CLASS A | 29977A105 |  | 1828845 | 6773 | SH |  | SOLE | 0 | 6773 | 0 | 0 |
| EXCHANGE TRADED CONCEPTS TRU | RANGE NUCLEAR RE | 301505475 |  | 281782 | 4982 | SH |  | SOLE | 0 | 4982 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 3110353 | 28853 | SH |  | SOLE | 0 | 28519 | 0 | 334 |
| EZCORP INC | CL A NON VTG | 302301106 |  | 612288 | 44113 | SH |  | SOLE | 0 | 44113 | 0 | 0 |
| FEDERAL AGRIC MTG CORP | CL C | 313148306 |  | 1190548 | 6128 | SH |  | SOLE | 0 | 6128 | 0 | 0 |
| FEDERATED HERMES INC | CL B | 314211103 |  | 349951 | 7896 | SH |  | SOLE | 0 | 7896 | 0 | 0 |
| FIDELITY COVINGTON TRUST | ENHANCED LARGE | 31609A107 |  | 601628 | 18937 | SH |  | SOLE | 0 | 18937 | 0 | 0 |
| FIRST BANCORP P R | COM NEW | 318672706 |  | 1001027 | 48057 | SH |  | SOLE | 0 | 48057 | 0 | 0 |
| FIRST TR EXCH TRADED FD III | SHRT DUR MNG MUN | 33739P830 |  | 867579 | 43586 | SH |  | SOLE | 0 | 43586 | 0 | 0 |
| FIRST TR EXCH TRADED FD III | ULTRA SHT DUR MU | 33740J104 |  | 2779066 | 138262 | SH |  | SOLE | 0 | 138262 | 0 | 0 |
| FIRST TR EXCHANGE TRADED FD | NASDAQ CYB ETF | 33734X846 |  | 1224849 | 16206 | SH |  | SOLE | 0 | 15747 | 0 | 459 |
| FLEXIBLE SOLUTIONS INTL INC | COM | 33938T104 |  | 88755 | 18300 | SH |  | SOLE | 0 | 18300 | 0 | 0 |
| FTI CONSULTING INC | COM | 302941109 |  | 911668 | 5645 | SH |  | SOLE | 0 | 5645 | 0 | 0 |
| GAIA INC NEW | CL A | 36269P104 |  | 46534 | 10600 | SH |  | SOLE | 0 | 10600 | 0 | 0 |
| GALLAGHER ARTHUR J  CO | COM | 363576109 |  | 8324400 | 26004 | SH |  | SOLE | 0 | 25607 | 0 | 397 |
| GE AEROSPACE | COM NEW | 369604301 |  | 2051398 | 7970 | SH |  | SOLE | 0 | 7970 | 0 | 0 |
| GENERAC HLDGS INC | COM | 368736104 |  | 1127636 | 7874 | SH |  | SOLE | 0 | 7793 | 0 | 81 |
| GLOBAL SELF STORAGE INC | COM | 37955N106 |  | 83304 | 15600 | SH |  | SOLE | 0 | 15600 | 0 | 0 |
| GLOBAL X FDS | DEFENSE TECH ETF | 37960A529 |  | 4459705 | 74020 | SH |  | SOLE | 0 | 73473 | 0 | 547 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 10637483 | 15030 | SH |  | SOLE | 0 | 14863 | 0 | 167 |
| GRAPHIC PACKAGING HLDG CO | COM | 388689101 |  | 322097 | 15287 | SH |  | SOLE | 0 | 15287 | 0 | 0 |
| HALOZYME THERAPEUTICS INC | COM | 40637H109 |  | 1867050 | 35891 | SH |  | SOLE | 0 | 35528 | 0 | 363 |
| HAVERTY FURNITURE COS INC | COM | 419596101 |  | 284554 | 13983 | SH |  | SOLE | 0 | 13983 | 0 | 0 |
| HF SINCLAIR CORP | COM | 403949100 |  | 368323 | 8966 | SH |  | SOLE | 0 | 8966 | 0 | 0 |
| HILLENBRAND INC | COM | 431571108 |  | 265325 | 13220 | SH |  | SOLE | 0 | 13220 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 9743776 | 26576 | SH |  | SOLE | 0 | 26180 | 0 | 396 |
| HOULIHAN LOKEY INC | CL A | 441593100 |  | 1141063 | 6341 | SH |  | SOLE | 0 | 6341 | 0 | 0 |
| IDACORP INC | COM | 451107106 |  | 485814 | 4208 | SH |  | SOLE | 0 | 4208 | 0 | 0 |
| INGLES MKTS INC | CL A | 457030104 |  | 694518 | 10958 | SH |  | SOLE | 0 | 10958 | 0 | 0 |
| INNOSPEC INC | COM | 45768S105 |  | 700806 | 8334 | SH |  | SOLE | 0 | 8334 | 0 | 0 |
| INNOVATIVE SOLUTIONS  SUPPO | COM | 45769N105 |  | 144352 | 10400 | SH |  | SOLE | 0 | 10400 | 0 | 0 |
| INNOVIVA INC | COM | 45781M101 |  | 1312781 | 65345 | SH |  | SOLE | 0 | 65345 | 0 | 0 |
| INSIGHT ENTERPRISES INC | COM | 45765U103 |  | 5551984 | 40207 | SH |  | SOLE | 0 | 39736 | 0 | 471 |
| INSTALLED BLDG PRODS INC | COM | 45780R101 |  | 315560 | 1750 | SH |  | SOLE | 0 | 1744 | 0 | 6 |
| INTEGER HLDGS CORP | COM | 45826H109 |  | 1511301 | 12290 | SH |  | SOLE | 0 | 12290 | 0 | 0 |
| INTERDIGITAL INC | COM | 45867G101 |  | 383209 | 1709 | SH |  | SOLE | 0 | 1709 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 219316 | 744 | SH |  | SOLE | 0 | 741 | 0 | 3 |
| INVESCO ACTIVELY MANAGED EXC | VAR RATE INVT | 46090A879 |  | 5010150 | 200006 | SH |  | SOLE | 0 | 187525 | 0 | 12481 |
| INVESCO ACTVELY MNGD ETC FD | OPTIMUM YIELD | 46090F100 |  | 1185584 | 90919 | SH |  | SOLE | 0 | 89527 | 0 | 1392 |
| INVESCO CURRENCYSHARES SWISS | SWISS FRANC | 46138R108 |  | 817929 | 7316 | SH |  | SOLE | 0 | 7086 | 0 | 230 |
| INVESCO EXCH TRADED FD TR II | VAR RATE PFD | 46138G870 |  | 1478712 | 60479 | SH |  | SOLE | 0 | 59479 | 0 | 1000 |
| INVESCO EXCH TRADED FD TR II | S SMALLCAP 600 | 46138G664 |  | 1948093 | 45001 | SH |  | SOLE | 0 | 44897 | 0 | 104 |
| INVESCO EXCHANGE TRADED FD T | S SMLCP MOMENT | 46137V498 |  | 757675 | 11139 | SH |  | SOLE | 0 | 11139 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S EQL REL | 46137V290 |  | 641224 | 18305 | SH |  | SOLE | 0 | 17870 | 0 | 435 |
| INVESCO EXCHANGE TRADED FD T | S EQL DIS | 46137V381 |  | 236997 | 4454 | SH |  | SOLE | 0 | 3485 | 0 | 969 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 1215815 | 2204 | SH |  | SOLE | 0 | 2114 | 0 | 90 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 |  | 22304925 | 357680 | SH |  | SOLE | 0 | 354278 | 0 | 3402 |
| ISHARES INC | MSCI GERMANY ETF | 464286806 |  | 3285118 | 77644 | SH |  | SOLE | 0 | 77133 | 0 | 511 |
| ISHARES INC | MSCI CDA ETF | 464286509 |  | 323400 | 7000 | SH |  | SOLE | 0 | 7000 | 0 | 0 |
| ISHARES SILVER TR | ISHARES | 46428Q109 |  | 1854027 | 56508 | SH |  | SOLE | 0 | 54668 | 0 | 1840 |
| ISHARES TR | NATIONAL MUN ETF | 464288414 |  | 2405234 | 23021 | SH |  | SOLE | 0 | 22794 | 0 | 227 |
| ISHARES TR | SHRT NAT MUN ETF | 464288158 |  | 3371153 | 31702 | SH |  | SOLE | 0 | 30602 | 0 | 1100 |
| ISHARES TR | IBONDS DEC 2032 | 46436E296 |  | 3627663 | 157519 | SH |  | SOLE | 0 | 155093 | 0 | 2426 |
| ISHARES TR | TIPS BD ETF | 464287176 |  | 3231926 | 29370 | SH |  | SOLE | 0 | 29109 | 0 | 261 |
| ISHARES TR | IBONDS DEC 2033 | 46436E148 |  | 208948 | 8525 | SH |  | SOLE | 0 | 8525 | 0 | 0 |
| ISHARES TR | SELECT DIVID ETF | 464287168 |  | 588481 | 4431 | SH |  | SOLE | 0 | 4431 | 0 | 0 |
| ISHARES TR | 7-10 YR TRSY BD | 464287440 |  | 5517118 | 57608 | SH |  | SOLE | 0 | 55308 | 0 | 2300 |
| ISHARES TR | 0-5 YR TIPS ETF | 46429B747 |  | 2948783 | 28654 | SH |  | SOLE | 0 | 28654 | 0 | 0 |
| ISHARES TR | 10-20 YR TRS ETF | 464288653 |  | 1744066 | 17166 | SH |  | SOLE | 0 | 16102 | 0 | 1064 |
| ISHARES TR | IBONDS DEC 28 | 46435U325 |  | 350658 | 13800 | SH |  | SOLE | 0 | 13800 | 0 | 0 |
| ISHARES TR | IBONDS 29 TRM TS | 46436E825 |  | 300216 | 13696 | SH |  | SOLE | 0 | 13696 | 0 | 0 |
| ISHARES TR | RUS 2000 VAL ETF | 464287630 |  | 825558 | 5233 | SH |  | SOLE | 0 | 4860 | 0 | 373 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 227870 | 2085 | SH |  | SOLE | 0 | 1880 | 0 | 205 |
| ISHARES TR | INTRM GOV CR ETF | 464288612 |  | 402171 | 3766 | SH |  | SOLE | 0 | 3766 | 0 | 0 |
| ISHARES TR | SELECT US REIT | 464287564 |  | 550440 | 9000 | SH |  | SOLE | 0 | 9000 | 0 | 0 |
| ISHARES TR | AGENCY BOND ETF | 464288166 |  | 1537565 | 14016 | SH |  | SOLE | 0 | 13349 | 0 | 667 |
| ISHARES TR | FLTG RATE NT ETF | 46429B655 |  | 8556052 | 167700 | SH |  | SOLE | 0 | 162322 | 0 | 5378 |
| ISHARES TR | 1 3 YR TREAS BD | 464287457 |  | 10438223 | 125974 | SH |  | SOLE | 0 | 122922 | 0 | 3052 |
| ISHARES TR | GLOBAL ENERG ETF | 464287341 |  | 1119294 | 28488 | SH |  | SOLE | 0 | 27394 | 0 | 1094 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 7482302 | 34674 | SH |  | SOLE | 0 | 34344 | 0 | 330 |
| ISHARES TR | IBONDS DEC 26 | 46435U259 |  | 1505479 | 58755 | SH |  | SOLE | 0 | 58755 | 0 | 0 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 8250518 | 92298 | SH |  | SOLE | 0 | 92063 | 0 | 235 |
| ISHARES TR | 20 YR TR BD ETF | 464287432 |  | 3540237 | 40116 | SH |  | SOLE | 0 | 39441 | 0 | 675 |
| ISHARES TR | ISHS 1-5YR INVS | 464288646 |  | 10581179 | 200553 | SH |  | SOLE | 0 | 195911 | 0 | 4642 |
| ISHARES TR | MBS ETF | 464288588 |  | 3126161 | 33296 | SH |  | SOLE | 0 | 32009 | 0 | 1287 |
| ISHARES TR | IBONDS DEC 2032 | 46436E312 |  | 355709 | 14068 | SH |  | SOLE | 0 | 14068 | 0 | 0 |
| ISHARES TR | IBONDS 26 TRM TS | 46436E858 |  | 286625 | 12500 | SH |  | SOLE | 0 | 12500 | 0 | 0 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 565807 | 11729 | SH |  | SOLE | 0 | 11729 | 0 | 0 |
| ISHARES TR | RUS TP200 GR ETF | 464289438 |  | 331309 | 1344 | SH |  | SOLE | 0 | 1344 | 0 | 0 |
| ISHARES TR | RUS 1000 ETF | 464287622 |  | 2490406 | 7334 | SH |  | SOLE | 0 | 7334 | 0 | 0 |
| ISHARES TR | IBONDS DEC 2033 | 46436E130 |  | 4021778 | 155251 | SH |  | SOLE | 0 | 145499 | 0 | 9752 |
| ISHARES TR | IBONDS DEC25 ETF | 46434VBD1 |  | 682756 | 27115 | SH |  | SOLE | 0 | 27115 | 0 | 0 |
| ISHARES TR | IBOND DEC 2030 | 46436E593 |  | 284704 | 14350 | SH |  | SOLE | 0 | 14350 | 0 | 0 |
| ISHARES TR | TRS FLT RT BD | 46434V860 |  | 2495120 | 49262 | SH |  | SOLE | 0 | 48354 | 0 | 908 |
| ISHARES TR | USD INV GRDE ETF | 464288620 |  | 241254 | 4690 | SH |  | SOLE | 0 | 4690 | 0 | 0 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 5139081 | 51805 | SH |  | SOLE | 0 | 50711 | 0 | 1094 |
| ISHARES TR | 3 7 YR TREAS BD | 464288661 |  | 7046913 | 59173 | SH |  | SOLE | 0 | 56622 | 0 | 2551 |
| ISHARES TR | IBONDS 27 ETF | 46435UAA9 |  | 1525200 | 62843 | SH |  | SOLE | 0 | 60250 | 0 | 2593 |
| ISHARES TR | ISHS 5-10YR INVT | 464288638 |  | 4057657 | 76143 | SH |  | SOLE | 0 | 73661 | 0 | 2482 |
| ISHARES TR | IBOXX INV CP ETF | 464287242 |  | 4141943 | 37788 | SH |  | SOLE | 0 | 37001 | 0 | 787 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 |  | 814989 | 4196 | SH |  | SOLE | 0 | 4096 | 0 | 100 |
| ISHARES TR | CONV BD ETF | 46435G102 |  | 234711 | 2605 | SH |  | SOLE | 0 | 2605 | 0 | 0 |
| ISHARES TR | SHORT TREAS BD | 464288679 |  | 3990471 | 36139 | SH |  | SOLE | 0 | 34276 | 0 | 1863 |
| ISHARES TR | IBONDS DEC 29 | 46436E205 |  | 637842 | 27340 | SH |  | SOLE | 0 | 27340 | 0 | 0 |
| ISHARES TR | EAFE GRWTH ETF | 464288885 |  | 810320 | 7235 | SH |  | SOLE | 0 | 7235 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 |  | 2086224 | 3360 | SH |  | SOLE | 0 | 3235 | 0 | 125 |
| ISHARES TR | IBONDS DEC 27 | 46435U283 |  | 373000 | 14714 | SH |  | SOLE | 0 | 13779 | 0 | 935 |
| ISHARES TR | 10+ YR INVST GRD | 464289511 |  | 1009924 | 20114 | SH |  | SOLE | 0 | 20078 | 0 | 36 |
| ISHARES TR | IBONDS DEC 2029 | 46436E163 |  | 866146 | 34330 | SH |  | SOLE | 0 | 30800 | 0 | 3530 |
| JABIL INC | COM | 466313103 |  | 9926171 | 45512 | SH |  | SOLE | 0 | 44950 | 0 | 562 |
| JAMES HARDIE INDS PLC | SPONSORED ADR | 47030M106 |  | 514191 | 19122 | SH |  | SOLE | 0 | 18837 | 0 | 285 |
| JANUS DETROIT STR TR | HENDERSON MTG | 47103U852 |  | 529968 | 11764 | SH |  | SOLE | 0 | 9564 | 0 | 2200 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 5626416 | 36834 | SH |  | SOLE | 0 | 36049 | 0 | 785 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 21994312 | 75866 | SH |  | SOLE | 0 | 74688 | 0 | 1178 |
| KONTOOR BRANDS INC | COM | 50050N103 |  | 1116542 | 16925 | SH |  | SOLE | 0 | 16682 | 0 | 243 |
| KOSS CORP | COM | 500692108 |  | 53933 | 10575 | SH |  | SOLE | 0 | 10575 | 0 | 0 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 423916 | 4355 | SH |  | SOLE | 0 | 4351 | 0 | 4 |
| LINDE PLC | SHS | G54950103 |  | 5120631 | 10914 | SH |  | SOLE | 0 | 10734 | 0 | 180 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 939248 | 2028 | SH |  | SOLE | 0 | 1941 | 0 | 87 |
| LPL FINL HLDGS INC | COM | 50212V100 |  | 2472927 | 6595 | SH |  | SOLE | 0 | 6405 | 0 | 190 |
| LUMENT FINANCE TRUST INC | COM | 55025L108 |  | 22100 | 10000 | SH |  | SOLE | 0 | 10000 | 0 | 0 |
| M/I HOMES INC | COM | 55305B101 |  | 4502627 | 40159 | SH |  | SOLE | 0 | 39737 | 0 | 422 |
| MAGNOLIA OIL  GAS CORP | CL A | 559663109 |  | 432088 | 19221 | SH |  | SOLE | 0 | 19221 | 0 | 0 |
| MANHATTAN BRDG CAP INC | COM | 562803106 |  | 115887 | 21186 | SH |  | SOLE | 0 | 21186 | 0 | 0 |
| MASTECH DIGITAL INC | COM | 57633B100 |  | 86943 | 12126 | SH |  | SOLE | 0 | 12126 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 12310420 | 21907 | SH |  | SOLE | 0 | 21575 | 0 | 332 |
| MATADOR RES CO | COM | 576485205 |  | 2515894 | 52722 | SH |  | SOLE | 0 | 51973 | 0 | 749 |
| MCDONALDS CORP | COM | 580135101 |  | 10698819 | 36618 | SH |  | SOLE | 0 | 36344 | 0 | 274 |
| MERCHANTS BANCORP IND | COM | 58844R108 |  | 786074 | 23770 | SH |  | SOLE | 0 | 23770 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 13666474 | 18516 | SH |  | SOLE | 0 | 18246 | 0 | 270 |
| MGIC INVT CORP WIS | COM | 552848103 |  | 2203146 | 79136 | SH |  | SOLE | 0 | 79136 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 37367097 | 75123 | SH |  | SOLE | 0 | 74130 | 0 | 993 |
| MODINE MFG CO | COM | 607828100 |  | 401683 | 4078 | SH |  | SOLE | 0 | 4078 | 0 | 0 |
| MURPHY OIL CORP | COM | 626717102 |  | 210173 | 9341 | SH |  | SOLE | 0 | 9341 | 0 | 0 |
| NATIONAL HEALTHCARE CORP | COM | 635906100 |  | 381812 | 3568 | SH |  | SOLE | 0 | 3568 | 0 | 0 |
| NATIONAL STORAGE AFFILIATES | COM SHS BEN IN | 637870106 |  | 707779 | 22125 | SH |  | SOLE | 0 | 22125 | 0 | 0 |
| NATURAL ALTERNATIVES INTL IN | COM NEW | 638842302 |  | 32872 | 10022 | SH |  | SOLE | 0 | 10022 | 0 | 0 |
| NELNET INC | CL A | 64031N108 |  | 2514209 | 20758 | SH |  | SOLE | 0 | 20758 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 2543008 | 1899 | SH |  | SOLE | 0 | 1877 | 0 | 22 |
| NEWMONT CORP | COM | 651639106 |  | 241429 | 4144 | SH |  | SOLE | 0 | 4132 | 0 | 12 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 1353135 | 19492 | SH |  | SOLE | 0 | 18911 | 0 | 581 |
| NORTHERN OIL  GAS INC | COM | 665531307 |  | 299461 | 10563 | SH |  | SOLE | 0 | 10563 | 0 | 0 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 641628 | 1283 | SH |  | SOLE | 0 | 1224 | 0 | 59 |
| NOVA LTD | COM | M7516K103 |  | 12976506 | 47153 | SH |  | SOLE | 0 | 46642 | 0 | 511 |
| NUCOR CORP | COM | 670346105 |  | 847839 | 6545 | SH |  | SOLE | 0 | 6325 | 0 | 220 |
| NUVEEN CALIFORNIA MUNI VLU F | COM STK | 67062C107 |  | 88796 | 10230 | SH |  | SOLE | 0 | 10230 | 0 | 0 |
| NUVEEN MUN VALUE FD INC | COM | 670928100 |  | 470268 | 54116 | SH |  | SOLE | 0 | 54116 | 0 | 0 |
| NUVEEN MUNICIPAL CREDIT INC | COM SH BEN INT | 67070X101 |  | 217516 | 18248 | SH |  | SOLE | 0 | 18248 | 0 | 0 |
| NUVEEN SELECT MAT MUN FD | SH BEN INT | 67061T101 |  | 125218 | 13821 | SH |  | SOLE | 0 | 13821 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 35647442 | 225631 | SH |  | SOLE | 0 | 221689 | 0 | 3942 |
| OFG BANCORP | COM | 67103X102 |  | 1127694 | 26348 | SH |  | SOLE | 0 | 26348 | 0 | 0 |
| OPTION CARE HEALTH INC | COM NEW | 68404L201 |  | 343249 | 10568 | SH |  | SOLE | 0 | 10568 | 0 | 0 |
| OPUS GENETICS INC | COM | 67577R102 |  | 15417 | 16364 | SH |  | SOLE | 0 | 16364 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 206824 | 946 | SH |  | SOLE | 0 | 939 | 0 | 7 |
| OSCAR HEALTH INC | CL A | 687793109 |  | 243430 | 11354 | SH |  | SOLE | 0 | 11354 | 0 | 0 |
| OTTER TAIL CORP | COM | 689648103 |  | 640001 | 8302 | SH |  | SOLE | 0 | 8302 | 0 | 0 |
| PATRICK INDS INC | COM | 703343103 |  | 1444395 | 15654 | SH |  | SOLE | 0 | 15529 | 0 | 125 |
| PC CONNECTION INC | COM | 69318J100 |  | 1983333 | 30151 | SH |  | SOLE | 0 | 30151 | 0 | 0 |
| PETROLEO BRASILEIRO SA PETRO | SPONSORED ADR | 71654V408 |  | 332591 | 26586 | SH |  | SOLE | 0 | 26404 | 0 | 182 |
| PHOTRONICS INC | COM | 719405102 |  | 433636 | 23029 | SH |  | SOLE | 0 | 22696 | 0 | 333 |
| PIPER SANDLER COMPANIES | COM | 724078100 |  | 3050392 | 10975 | SH |  | SOLE | 0 | 10975 | 0 | 0 |
| PORTLAND GEN ELEC CO | COM NEW | 736508847 |  | 427549 | 10523 | SH |  | SOLE | 0 | 10523 | 0 | 0 |
| POTLATCHDELTIC CORPORATION | COM | 737630103 |  | 292610 | 7626 | SH |  | SOLE | 0 | 7626 | 0 | 0 |
| POWELL INDS INC | COM | 739128106 |  | 528230 | 2510 | SH |  | SOLE | 0 | 2510 | 0 | 0 |
| PRICESMART INC | COM | 741511109 |  | 674567 | 6422 | SH |  | SOLE | 0 | 6422 | 0 | 0 |
| PRIMERICA INC | COM | 74164M108 |  | 1838789 | 6719 | SH |  | SOLE | 0 | 6632 | 0 | 87 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 13307362 | 83526 | SH |  | SOLE | 0 | 65653 | 0 | 17873 |
| PROGRESS SOFTWARE CORP | COM | 743312100 |  | 381316 | 5973 | SH |  | SOLE | 0 | 5973 | 0 | 0 |
| PROLOGIS INC. | COM | 74340W103 |  | 1917179 | 18238 | SH |  | SOLE | 0 | 17720 | 0 | 518 |
| RADIAN GROUP INC | COM | 750236101 |  | 971315 | 26966 | SH |  | SOLE | 0 | 26966 | 0 | 0 |
| RADIUS RECYCLING INC | CL A | 806882106 |  | 401854 | 13535 | SH |  | SOLE | 0 | 13535 | 0 | 0 |
| RAVE RESTAURANT GROUP INC | COM | 754198109 |  | 41250 | 15000 | SH |  | SOLE | 0 | 15000 | 0 | 0 |
| REGIONS FINANCIAL CORP NEW | COM | 7591EP100 |  | 3526612 | 149941 | SH |  | SOLE | 0 | 149828 | 0 | 113 |
| REPUBLIC SVCS INC | COM | 760759100 |  | 1792361 | 7268 | SH |  | SOLE | 0 | 7268 | 0 | 0 |
| RTX CORPORATION | COM | 75513E101 |  | 815668 | 5586 | SH |  | SOLE | 0 | 5562 | 0 | 24 |
| RYDER SYS INC | COM | 783549108 |  | 1591113 | 10007 | SH |  | SOLE | 0 | 9936 | 0 | 71 |
| SABRA HEALTH CARE REIT INC | COM | 78573L106 |  | 364669 | 19776 | SH |  | SOLE | 0 | 19776 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 470251 | 5154 | SH |  | SOLE | 0 | 5154 | 0 | 0 |
| SCHWAB STRATEGIC TR | EMRG MKTEQ ETF | 808524706 |  | 765918 | 25412 | SH |  | SOLE | 0 | 24341 | 0 | 1071 |
| SCHWAB STRATEGIC TR | US BRD MKT ETF | 808524102 |  | 3839037 | 161101 | SH |  | SOLE | 0 | 161101 | 0 | 0 |
| SCHWAB STRATEGIC TR | FUNDAMENTAL US B | 808524789 |  | 1755264 | 73197 | SH |  | SOLE | 0 | 73197 | 0 | 0 |
| SCHWAB STRATEGIC TR | FUNDAMENTAL INTL | 808524755 |  | 631556 | 15781 | SH |  | SOLE | 0 | 15422 | 0 | 359 |
| SCHWAB STRATEGIC TR | US LCAP GR ETF | 808524300 |  | 1862459 | 63761 | SH |  | SOLE | 0 | 63761 | 0 | 0 |
| SCHWAB STRATEGIC TR | INTL EQTY ETF | 808524805 |  | 888332 | 40196 | SH |  | SOLE | 0 | 40196 | 0 | 0 |
| SCHWAB STRATEGIC TR | US MID-CAP ETF | 808524508 |  | 517999 | 18467 | SH |  | SOLE | 0 | 18467 | 0 | 0 |
| SELECT SECTOR SPDR TR | FINANCIAL | 81369Y605 |  | 619694 | 11833 | SH |  | SOLE | 0 | 11668 | 0 | 165 |
| SELECT SECTOR SPDR TR | SBI CONS DISCR | 81369Y407 |  | 1343099 | 6180 | SH |  | SOLE | 0 | 6029 | 0 | 151 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 |  | 8606275 | 33986 | SH |  | SOLE | 0 | 33412 | 0 | 574 |
| SELECT SECTOR SPDR TR | SBI INT-UTILS | 81369Y886 |  | 454520 | 5566 | SH |  | SOLE | 0 | 5379 | 0 | 187 |
| SELECT SECTOR SPDR TR | RL EST SEL SEC | 81369Y860 |  | 857104 | 20693 | SH |  | SOLE | 0 | 20595 | 0 | 98 |
| SELECT SECTOR SPDR TR | SBI HEALTHCARE | 81369Y209 |  | 2946644 | 21861 | SH |  | SOLE | 0 | 20941 | 0 | 920 |
| SELECT SECTOR SPDR TR | INDL | 81369Y704 |  | 805902 | 5463 | SH |  | SOLE | 0 | 5403 | 0 | 60 |
| SELECT SECTOR SPDR TR | COMMUNICATION | 81369Y852 |  | 3521799 | 32450 | SH |  | SOLE | 0 | 31951 | 0 | 499 |
| SELECT SECTOR SPDR TR | SBI CONS STPLS | 81369Y308 |  | 401125 | 4954 | SH |  | SOLE | 0 | 4581 | 0 | 373 |
| SIGA TECHNOLOGIES INC | COM | 826917106 |  | 349120 | 53546 | SH |  | SOLE | 0 | 53546 | 0 | 0 |
| SOUTHSTATE CORPORATION | COM | 840441109 |  | 520614 | 5657 | SH |  | SOLE | 0 | 5657 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 1445199 | 4741 | SH |  | SOLE | 0 | 4645 | 0 | 96 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 2522682 | 4083 | SH |  | SOLE | 0 | 4052 | 0 | 31 |
| SPDR SERIES TRUST | BLOOMBERG EMERGI | 78464A391 |  | 216910 | 10136 | SH |  | SOLE | 0 | 10136 | 0 | 0 |
| SPDR SERIES TRUST | NUVEEN ICE SHORT | 78468R739 |  | 2282330 | 47718 | SH |  | SOLE | 0 | 46360 | 0 | 1358 |
| SPDR SERIES TRUST | PORTFOLIO SHORT | 78464A474 |  | 1564174 | 51811 | SH |  | SOLE | 0 | 48611 | 0 | 3200 |
| SPDR SERIES TRUST | S REGL BKG | 78464A698 |  | 997574 | 16797 | SH |  | SOLE | 0 | 16642 | 0 | 155 |
| SPDR SERIES TRUST | S HOMEBUILD | 78464A888 |  | 1051249 | 10665 | SH |  | SOLE | 0 | 10665 | 0 | 0 |
| SPDR SERIES TRUST | S DIVID ETF | 78464A763 |  | 621643 | 4580 | SH |  | SOLE | 0 | 4580 | 0 | 0 |
| SPDR SERIES TRUST | BBG CONV SEC ETF | 78464A359 |  | 778409 | 9417 | SH |  | SOLE | 0 | 7817 | 0 | 1600 |
| SPINNAKER ETF SERIES | SELECT STOXX EUR | 84858T772 |  | 2193444 | 50833 | SH |  | SOLE | 0 | 49553 | 0 | 1280 |
| SSGA ACTIVE ETF TR | BLACKSTONE SENR | 78467V608 |  | 205871 | 4950 | SH |  | SOLE | 0 | 4950 | 0 | 0 |
| STAG INDL INC | COM | 85254J102 |  | 325359 | 8968 | SH |  | SOLE | 0 | 8968 | 0 | 0 |
| STERLING INFRASTRUCTURE INC | COM | 859241101 |  | 830859 | 3601 | SH |  | SOLE | 0 | 3601 | 0 | 0 |
| SUPERNUS PHARMACEUTICALS INC | COM | 868459108 |  | 556107 | 17643 | SH |  | SOLE | 0 | 17643 | 0 | 0 |
| SURGEPAYS INC | COM NEW | 86882L204 |  | 59090 | 19000 | SH |  | SOLE | 0 | 19000 | 0 | 0 |
| T-MOBILE US INC | COM | 872590104 |  | 8333144 | 34975 | SH |  | SOLE | 0 | 34680 | 0 | 295 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 1653377 | 7300 | SH |  | SOLE | 0 | 7225 | 0 | 75 |
| TANDY LEATHER FACTORY INC | COM | 87538X105 |  | 38851 | 12573 | SH |  | SOLE | 0 | 12573 | 0 | 0 |
| TD SYNNEX CORPORATION | COM | 87162W100 |  | 239511 | 1765 | SH |  | SOLE | 0 | 1395 | 0 | 370 |
| TERRENO RLTY CORP | COM | 88146M101 |  | 448560 | 8000 | SH |  | SOLE | 0 | 8000 | 0 | 0 |
| THE CIGNA GROUP | COM | 125523100 |  | 2935550 | 8880 | SH |  | SOLE | 0 | 8680 | 0 | 200 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 222192 | 548 | SH |  | SOLE | 0 | 528 | 0 | 20 |
| TJX COS INC NEW | COM | 872540109 |  | 3097623 | 25084 | SH |  | SOLE | 0 | 24925 | 0 | 159 |
| TRACTOR SUPPLY CO | COM | 892356106 |  | 1382785 | 26204 | SH |  | SOLE | 0 | 24621 | 0 | 1583 |
| TRIO TECH INTL | COM NEW | 896712205 |  | 65083 | 12008 | SH |  | SOLE | 0 | 12008 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 660471 | 7079 | SH |  | SOLE | 0 | 7047 | 0 | 32 |
| UFP TECHNOLOGIES INC | COM | 902673102 |  | 291283 | 1193 | SH |  | SOLE | 0 | 1193 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 829438 | 3605 | SH |  | SOLE | 0 | 3455 | 0 | 150 |
| UNITED RENTALS INC | COM | 911363109 |  | 8765066 | 11634 | SH |  | SOLE | 0 | 11308 | 0 | 326 |
| UNITED STS LIME  MINERALS I | COM | 911922102 |  | 795007 | 7966 | SH |  | SOLE | 0 | 7966 | 0 | 0 |
| UNITED THERAPEUTICS CORP DEL | COM | 91307C102 |  | 711766 | 2477 | SH |  | SOLE | 0 | 2466 | 0 | 11 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 507575 | 1627 | SH |  | SOLE | 0 | 1614 | 0 | 13 |
| URBAN EDGE PPTYS | COM | 91704F104 |  | 257713 | 13811 | SH |  | SOLE | 0 | 13811 | 0 | 0 |
| URBAN OUTFITTERS INC | COM | 917047102 |  | 763193 | 10521 | SH |  | SOLE | 0 | 10521 | 0 | 0 |
| V2X INC | COM | 92242T101 |  | 356066 | 7334 | SH |  | SOLE | 0 | 7334 | 0 | 0 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 5491595 | 40854 | SH |  | SOLE | 0 | 40177 | 0 | 677 |
| VANECK ETF TRUST | BDC INCOME ETF | 92189F411 |  | 453789 | 27874 | SH |  | SOLE | 0 | 27874 | 0 | 0 |
| VANGUARD BD INDEX FDS | SHORT TRM BOND | 921937827 |  | 457326 | 5811 | SH |  | SOLE | 0 | 4111 | 0 | 1700 |
| VANGUARD INDEX FDS | SM CP VAL ETF | 922908611 |  | 3733661 | 19146 | SH |  | SOLE | 0 | 18410 | 0 | 736 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 1362029 | 27538 | SH |  | SOLE | 0 | 27538 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | FTSE EUROPE ETF | 922042874 |  | 487863 | 6295 | SH |  | SOLE | 0 | 6091 | 0 | 204 |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 |  | 880246 | 13095 | SH |  | SOLE | 0 | 13095 | 0 | 0 |
| VANGUARD MUN BD FDS | TAX EXEMPT BD | 922907746 |  | 1413682 | 28833 | SH |  | SOLE | 0 | 27568 | 0 | 1265 |
| VANGUARD SCOTTSDALE FDS | INTER TERM TREAS | 92206C706 |  | 3353367 | 56067 | SH |  | SOLE | 0 | 55696 | 0 | 371 |
| VANGUARD SCOTTSDALE FDS | INT-TERM CORP | 92206C870 |  | 2233036 | 26930 | SH |  | SOLE | 0 | 23619 | 0 | 3311 |
| VANGUARD SCOTTSDALE FDS | LG-TERM COR BD | 92206C813 |  | 1567487 | 20652 | SH |  | SOLE | 0 | 20171 | 0 | 481 |
| VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 92206C409 |  | 2778128 | 34945 | SH |  | SOLE | 0 | 32129 | 0 | 2816 |
| VANGUARD SCOTTSDALE FDS | LONG TERM TREAS | 92206C847 |  | 3022286 | 53854 | SH |  | SOLE | 0 | 50608 | 0 | 3246 |
| VIRCO MFG CO | COM | 927651109 |  | 83814 | 10503 | SH |  | SOLE | 0 | 10503 | 0 | 0 |
| VIRTUS ETF TR II | SEIX SR LN ETF | 92790A405 |  | 691235 | 29339 | SH |  | SOLE | 0 | 28711 | 0 | 628 |
| WALMART INC | COM | 931142103 |  | 18026670 | 184359 | SH |  | SOLE | 0 | 181071 | 0 | 3288 |
| WARRIOR MET COAL INC | COM | 93627C101 |  | 635708 | 13871 | SH |  | SOLE | 0 | 13871 | 0 | 0 |
| WESCO INTL INC | COM | 95082P105 |  | 713761 | 3854 | SH |  | SOLE | 0 | 3854 | 0 | 0 |
| WILLAMETTE VY VINEYARD INC | COM | 969136100 |  | 71712 | 12921 | SH |  | SOLE | 0 | 12921 | 0 | 0 |
| WINMARK CORP | COM | 974250102 |  | 813750 | 2155 | SH |  | SOLE | 0 | 2155 | 0 | 0 |
| WISDOMTREE INC | COM | 97717P104 |  | 621206 | 53971 | SH |  | SOLE | 0 | 53971 | 0 | 0 |
| WISDOMTREE TR | YIELD ENHANCD US | 97717X511 |  | 426533 | 9776 | SH |  | SOLE | 0 | 9676 | 0 | 100 |
| XENIA HOTELS  RESORTS INC | COM | 984017103 |  | 367295 | 29220 | SH |  | SOLE | 0 | 29220 | 0 | 0 |
| YETI HLDGS INC | COM | 98585X104 |  | 423786 | 13445 | SH |  | SOLE | 0 | 13445 | 0 | 0 |
| ZOETIS INC | CL A | 98978V103 |  | 2299015 | 14742 | SH |  | SOLE | 0 | 14172 | 0 | 570 |
| ZYMEWORKS INC | COM | 98985Y108 |  | 132754 | 10578 | SH |  | SOLE | 0 | 10578 | 0 | 0 |

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