# EDGAR Filing Document

**Accession Number:** 0001000490
**File Stem:** 0001000490-23-000001
**Filing Date:** 2023-1
**Character Count:** 30468
**Document Hash:** 78a3be9580d7c47c4f5a7cd54e6dc8db
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001000490-23-000001.hdr.sgml**: 20230126

**ACCESSION NUMBER**: 0001000490-23-000001

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230126

**DATE AS OF CHANGE**: 20230126

**EFFECTIVENESS DATE**: 20230126

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GIRARD PARTNERS LTD.
- **CENTRAL INDEX KEY:** 0001000490
- **IRS NUMBER:** 232802378
- **STATE OF INCORPORATION:** PA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-15798
- **FILM NUMBER:** 23555716

**BUSINESS ADDRESS:**
- **STREET 1:** 555 CROTON ROAD
- **STREET 2:** SUITE 210
- **CITY:** KING OF PRUSSIA
- **STATE:** PA
- **ZIP:** 19406
- **BUSINESS PHONE:** 610-337-7640

**MAIL ADDRESS:**
- **STREET 1:** 555 CROTON ROAD
- **STREET 2:** SUITE 210
- **CITY:** KING OF PRUSSIA
- **STATE:** PA
- **ZIP:** 19406

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GIRARD PARTNERS LTD                                     /BD
- **DATE OF NAME CHANGE:** 20020506

### 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:** GIRARD PARTNERS LTD.<br>**Address:** 555 CROTON ROAD<br>SUITE 210<br>KING OF PRUSSIA, PA 19406

**Form 13F File Number:** 028-15798

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:** Lisa Colon<br>**Title:** Chief Operating Officer<br>**Phone:** 610-337-7640

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

Lisa M Colon  King of Prussia, PA  01-26-2023<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:** 260

**Form 13F Information Table Value Total:** $882627145

      (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 |
| AMAZON COM INC COM | Stock | 023135106 |  | 12082225 | 143836 | SH |  | SOLE |  | 0 | 0 | 143836 |
| GLOBAL PMTS INC COM | Stock | 37940X102 |  | 564733 | 5686 | SH |  | SOLE |  | 0 | 0 | 5686 |
| ULTA BEAUTY INC COM | Stock | 90384S303 |  | 5407126 | 11527 | SH |  | SOLE |  | 0 | 0 | 11527 |
| INVESCO QQQ TRUST | ETF | 46090E103 |  | 489248 | 1837 | SH |  | SOLE |  | 0 | 0 | 1837 |
| TECHNOLOGY SELECT SECTOR SPDR FUND | ETF | 81369Y803 |  | 5242081 | 42125 | SH |  | SOLE |  | 0 | 0 | 42125 |
| STARBUCKS CORP COM | Stock | 855244109 |  | 1886400 | 19016 | SH |  | SOLE |  | 0 | 0 | 19016 |
| SPDR PORTFOLIO AGGREGATE BOND ETF | ETF | 78464A649 |  | 32901529 | 1309253 | SH |  | SOLE |  | 0 | 0 | 1309253 |
| ISHARES CORE INTERNATIONAL AGGREGATE BOND ETF | ETF | 46435G672 |  | 3030313 | 63729 | SH |  | SOLE |  | 0 | 0 | 63729 |
| MONSTER BEVERAGE CORP NEW COM | Stock | 61174X109 |  | 2714472 | 26735 | SH |  | SOLE |  | 0 | 0 | 26735 |
| JOHNSON  JOHNSON COM | Stock | 478160104 |  | 5239423 | 29659 | SH |  | SOLE |  | 0 | 0 | 29659 |
| SEAGATE TECHNOLOGY HLDNGS PLC ORD SHS | Stock | G7997R103 |  | 645699 | 12273 | SH |  | SOLE |  | 0 | 0 | 12273 |
| WASTE MGMT INC DEL COM | Stock | 94106L109 |  | 2524916 | 16094 | SH |  | SOLE |  | 0 | 0 | 16094 |
| VANGUARD TOTAL STOCK MARKET ETF | ETF | 922908769 |  | 4173757 | 21830 | SH |  | SOLE |  | 0 | 0 | 21830 |
| VANGUARD ENERGY ETF | ETF | 92204A306 |  | 623257 | 5139 | SH |  | SOLE |  | 0 | 0 | 5139 |
| COSTCO WHSL CORP NEW COM | Stock | 22160K105 |  | 11143831 | 24411 | SH |  | SOLE |  | 0 | 0 | 24411 |
| GOLDMAN SACHS GROUP INC COM | Stock | 38141G104 |  | 241739 | 704 | SH |  | SOLE |  | 0 | 0 | 704 |
| YUM BRANDS INC COM | Stock | 988498101 |  | 214831 | 1677 | SH |  | SOLE |  | 0 | 0 | 1677 |
| PROCTER AND GAMBLE CO COM | Stock | 742718109 |  | 3995508 | 26362 | SH |  | SOLE |  | 0 | 0 | 26362 |
| COCA COLA CO COM | Stock | 191216100 |  | 449827 | 7071 | SH |  | SOLE |  | 0 | 0 | 7071 |
| GENERAL MLS INC COM | Stock | 370334104 |  | 985237 | 11750 | SH |  | SOLE |  | 0 | 0 | 11750 |
| PPG INDS INC COM | Stock | 693506107 |  | 787761 | 6265 | SH |  | SOLE |  | 0 | 0 | 6265 |
| UNITED PARCEL SERVICE INC CL B | Stock | 911312106 |  | 3897399 | 22419 | SH |  | SOLE |  | 0 | 0 | 22419 |
| MARRIOTT INTL INC NEW CL A | Stock | 571903202 |  | 209190 | 1405 | SH |  | SOLE |  | 0 | 0 | 1405 |
| VANGUARD REAL ESTATE ETF | ETF | 922908553 |  | 1545336 | 18735 | SH |  | SOLE |  | 0 | 0 | 18735 |
| INTEL CORP COM | Stock | 458140100 |  | 365238 | 13819 | SH |  | SOLE |  | 0 | 0 | 13819 |
| CME GROUP INC COM | Stock | 12572Q105 |  | 1306165 | 7767 | SH |  | SOLE |  | 0 | 0 | 7767 |
| MEDTRONIC PLC SHS | Stock | G5960L103 |  | 944280 | 12149 | SH |  | SOLE |  | 0 | 0 | 12149 |
| NETFLIX INC COM | Stock | 64110L106 |  | 289867 | 983 | SH |  | SOLE |  | 0 | 0 | 983 |
| PAYCHEX INC COM | Stock | 704326107 |  | 512728 | 4436 | SH |  | SOLE |  | 0 | 0 | 4436 |
| MEDICAL PPTYS TRUST INC COM | REIT | 58463J304 |  | 722064 | 64817 | SH |  | SOLE |  | 0 | 0 | 64817 |
| LAUDER ESTEE COS INC CL A | Stock | 518439104 |  | 328214 | 1322 | SH |  | SOLE |  | 0 | 0 | 1322 |
| MERCK CO INC COM | Stock | 58933Y105 |  | 5179478 | 46682 | SH |  | SOLE |  | 0 | 0 | 46682 |
| ISHARES SHORT TERM NATIONAL MUNI BOND ETF | ETF | 464288158 |  | 622078 | 5966 | SH |  | SOLE |  | 0 | 0 | 5966 |
| SPDR S P 500 ETF TRUST | ETF | 78462F103 |  | 1620815 | 4238 | SH |  | SOLE |  | 0 | 0 | 4238 |
| MASTERCARD INCORPORATED CL A | Stock | 57636Q104 |  | 2108507 | 6063 | SH |  | SOLE |  | 0 | 0 | 6063 |
| UNITED RENTALS INC COM | Stock | 911363109 |  | 709773 | 1997 | SH |  | SOLE |  | 0 | 0 | 1997 |
| EMERSON ELEC CO COM | Stock | 291011104 |  | 229967 | 2394 | SH |  | SOLE |  | 0 | 0 | 2394 |
| ALLSTATE CORP COM | Stock | 020002101 |  | 455710 | 3360 | SH |  | SOLE |  | 0 | 0 | 3360 |
| LAMB WESTON HLDGS INC COM | Stock | 513272104 |  | 1792424 | 20058 | SH |  | SOLE |  | 0 | 0 | 20058 |
| CORNING INC COM | Stock | 219350105 |  | 1011594 | 31671 | SH |  | SOLE |  | 0 | 0 | 31671 |
| BANK NEW YORK MELLON CORP COM | Stock | 064058100 |  | 233608 | 5132 | SH |  | SOLE |  | 0 | 0 | 5132 |
| VERIZON COMMUNICATIONS INC COM | Stock | 92343V104 |  | 2228001 | 56548 | SH |  | SOLE |  | 0 | 0 | 56548 |
| FEDEX CORP COM | Stock | 31428X106 |  | 3219888 | 18590 | SH |  | SOLE |  | 0 | 0 | 18590 |
| SHERWIN WILLIAMS CO COM | Stock | 824348106 |  | 5440590 | 22924 | SH |  | SOLE |  | 0 | 0 | 22924 |
| PEPSICO INC COM | Stock | 713448108 |  | 5388813 | 29828 | SH |  | SOLE |  | 0 | 0 | 29828 |
| KIMBERLY CLARK CORP COM | Stock | 494368103 |  | 223431 | 1645 | SH |  | SOLE |  | 0 | 0 | 1645 |
| TE CONNECTIVITY LTD SHS | Stock | H84989104 |  | 4167391 | 36301 | SH |  | SOLE |  | 0 | 0 | 36301 |
| HONEYWELL INTL INC COM | Stock | 438516106 |  | 8530234 | 39805 | SH |  | SOLE |  | 0 | 0 | 39805 |
| FORD MTR CO DEL COM | Stock | 345370860 |  | 134954 | 11604 | SH |  | SOLE |  | 0 | 0 | 11604 |
| HOME DEPOT INC COM | Stock | 437076102 |  | 14140359 | 44767 | SH |  | SOLE |  | 0 | 0 | 44767 |
| AUTOMATIC DATA PROCESSING INC COM | Stock | 053015103 |  | 452878 | 1896 | SH |  | SOLE |  | 0 | 0 | 1896 |
| DUPONT DE NEMOURS INC COM | Stock | 26614N102 |  | 206330 | 3006 | SH |  | SOLE |  | 0 | 0 | 3006 |
| HEALTH CARE SELECT SECTOR SPDR FUND | ETF | 81369Y209 |  | 2555940 | 18814 | SH |  | SOLE |  | 0 | 0 | 18814 |
| VERISK ANALYTICS INC COM | Stock | 92345Y106 |  | 2767124 | 15684 | SH |  | SOLE |  | 0 | 0 | 15684 |
| SOUTHERN CO COM | Stock | 842587107 |  | 473805 | 6635 | SH |  | SOLE |  | 0 | 0 | 6635 |
| ISHARES US REAL ESTATE ETF | ETF | 464287739 |  | 1107772 | 13158 | SH |  | SOLE |  | 0 | 0 | 13158 |
| WHIRLPOOL CORP COM | Stock | 963320106 |  | 278346 | 1967 | SH |  | SOLE |  | 0 | 0 | 1967 |
| CONSUMER STAPLES SELECT SECTOR SPDR FUND | ETF | 81369Y308 |  | 785906 | 10542 | SH |  | SOLE |  | 0 | 0 | 10542 |
| ISHARES CORE S P SMALL CAP ETF | ETF | 464287804 |  | 280891 | 2968 | SH |  | SOLE |  | 0 | 0 | 2968 |
| BERKSHIRE HATHAWAY INC DEL CL B NEW | Stock | 084670702 |  | 2182068 | 7063 | SH |  | SOLE |  | 0 | 0 | 7063 |
| ADOBE SYSTEMS INCORPORATED COM | Stock | 00724F101 |  | 3153510 | 9370 | SH |  | SOLE |  | 0 | 0 | 9370 |
| VANGUARD SHORT TERM CORPORATE BOND ETF | ETF | 92206C409 |  | 315419 | 4194 | SH |  | SOLE |  | 0 | 0 | 4194 |
| EXELON CORP COM | Stock | 30161N101 |  | 219349 | 5074 | SH |  | SOLE |  | 0 | 0 | 5074 |
| VANECK HIGH YIELD MUNI ETF | ETF | 92189H409 |  | 442309 | 8749 | SH |  | SOLE |  | 0 | 0 | 8749 |
| ALPHABET INC CAP STK CL A | Stock | 02079K305 |  | 11391198 | 129108 | SH |  | SOLE |  | 0 | 0 | 129108 |
| FISERV INC COM | Stock | 337738108 |  | 293305 | 2902 | SH |  | SOLE |  | 0 | 0 | 2902 |
| OREILLY AUTOMOTIVE INC COM | Stock | 67103H107 |  | 1389273 | 1646 | SH |  | SOLE |  | 0 | 0 | 1646 |
| CONSTELLATION BRANDS INC CL A | Stock | 21036P108 |  | 5497664 | 23722 | SH |  | SOLE |  | 0 | 0 | 23722 |
| CSX CORP COM | Stock | 126408103 |  | 365961 | 11812 | SH |  | SOLE |  | 0 | 0 | 11812 |
| COMCAST CORP NEW CL A | Stock | 20030N101 |  | 4981191 | 142441 | SH |  | SOLE |  | 0 | 0 | 142441 |
| MICROSOFT CORP COM | Stock | 594918104 |  | 27626638 | 115197 | SH |  | SOLE |  | 0 | 0 | 115197 |
| SS C TECHNOLOGIES HLDGS INC COM | Stock | 78467J100 |  | 2895885 | 55625 | SH |  | SOLE |  | 0 | 0 | 55625 |
| CVS HEALTH CORP COM | Stock | 126650100 |  | 1011882 | 10858 | SH |  | SOLE |  | 0 | 0 | 10858 |
| COMMUNICATION SERVICES SELECT SECTOR SPDR FUND | ETF | 81369Y852 |  | 4820700 | 100452 | SH |  | SOLE |  | 0 | 0 | 100452 |
| BRIGHTVIEW HLDGS INC COM | Stock | 10948C107 |  | 559089 | 81145 | SH |  | SOLE |  | 0 | 0 | 81145 |
| AVERY DENNISON CORP COM | Stock | 053611109 |  | 696306 | 3846 | SH |  | SOLE |  | 0 | 0 | 3846 |
| BERKSHIRE HATHAWAY INC DEL CL A | Stock | 084670108 |  | 937421 | 2 | SH |  | SOLE |  | 0 | 0 | 2 |
| BOEING CO COM | Stock | 097023105 |  | 1013672 | 5321 | SH |  | SOLE |  | 0 | 0 | 5321 |
| VANGUARD SMALL CAP ETF | ETF | 922908751 |  | 342300 | 1864 | SH |  | SOLE |  | 0 | 0 | 1864 |
| VANGUARD MID CAP ETF | ETF | 922908629 |  | 1288217 | 6320 | SH |  | SOLE |  | 0 | 0 | 6320 |
| NEXTERA ENERGY INC COM | Stock | 65339F101 |  | 14406948 | 172331 | SH |  | SOLE |  | 0 | 0 | 172331 |
| NIKE INC CL B | Stock | 654106103 |  | 8116738 | 69367 | SH |  | SOLE |  | 0 | 0 | 69367 |
| VANGUARD SHORT TERM TREASURY ETF | ETF | 92206C102 |  | 4300073 | 74370 | SH |  | SOLE |  | 0 | 0 | 74370 |
| TESLA INC COM | Stock | 88160R101 |  | 1957330 | 15890 | SH |  | SOLE |  | 0 | 0 | 15890 |
| LINDE PLC SHS | Stock | G5494J103 |  | 577999 | 1772 | SH |  | SOLE |  | 0 | 0 | 1772 |
| FINANCIAL SELECT SECTOR SPDR FUND | ETF | 81369Y605 |  | 1626313 | 47553 | SH |  | SOLE |  | 0 | 0 | 47553 |
| NORFOLK SOUTHN CORP COM | Stock | 655844108 |  | 296196 | 1202 | SH |  | SOLE |  | 0 | 0 | 1202 |
| HARLEY DAVIDSON INC COM | Stock | 412822108 |  | 228719 | 5498 | SH |  | SOLE |  | 0 | 0 | 5498 |
| AMDOCS LTD SHS | Stock | G02602103 |  | 1659939 | 18261 | SH |  | SOLE |  | 0 | 0 | 18261 |
| VANGUARD S P 500 ETF | ETF | 922908363 |  | 506280 | 1441 | SH |  | SOLE |  | 0 | 0 | 1441 |
| ILLUMINA INC COM | Stock | 452327109 |  | 1676305 | 8290 | SH |  | SOLE |  | 0 | 0 | 8290 |
| SPDR S P 600 SMALL CAP VALUE ETF | ETF | 78464A300 |  | 892821 | 12029 | SH |  | SOLE |  | 0 | 0 | 12029 |
| SPDR S P 400 MID CAP GROWTH ETF | ETF | 78464A821 |  | 929251 | 14221 | SH |  | SOLE |  | 0 | 0 | 14221 |
| SPDR S P 600 SMALL CAP GROWTH ETF | ETF | 78464A201 |  | 725860 | 10047 | SH |  | SOLE |  | 0 | 0 | 10047 |
| ISHARES MSCI EAFE GROWTH ETF | ETF | 464288885 |  | 1260861 | 15053 | SH |  | SOLE |  | 0 | 0 | 15053 |
| LILLY ELI  CO COM | Stock | 532457108 |  | 770459 | 2106 | SH |  | SOLE |  | 0 | 0 | 2106 |
| HASBRO INC COM | Stock | 418056107 |  | 1053007 | 17259 | SH |  | SOLE |  | 0 | 0 | 17259 |
| AIR PRODS  CHEMS INC COM | Stock | 009158106 |  | 1610151 | 5223 | SH |  | SOLE |  | 0 | 0 | 5223 |
| LEIDOS HOLDINGS INC COM | Stock | 525327102 |  | 349721 | 3324 | SH |  | SOLE |  | 0 | 0 | 3324 |
| VANGUARD TOTAL INTERNATIONAL STOCK ETF | ETF | 921909768 |  | 39544366 | 764585 | SH |  | SOLE |  | 0 | 0 | 764585 |
| PPL CORP COM | Stock | 69351T106 |  | 613906 | 21009 | SH |  | SOLE |  | 0 | 0 | 21009 |
| FIDELITY NATL INFORMATION SVCS COM | Stock | 31620M106 |  | 293485 | 4325 | SH |  | SOLE |  | 0 | 0 | 4325 |
| CVR PARTNERS LP COM | Stock | 126633205 |  | 704060 | 7000 | SH |  | SOLE |  | 0 | 0 | 7000 |
| DUKE ENERGY CORP NEW COM NEW | Stock | 26441C204 |  | 523498 | 5083 | SH |  | SOLE |  | 0 | 0 | 5083 |
| INCYTE CORP COM | Stock | 45337C102 |  | 1320380 | 16439 | SH |  | SOLE |  | 0 | 0 | 16439 |
| SYSCO CORP COM | Stock | 871829107 |  | 339208 | 4437 | SH |  | SOLE |  | 0 | 0 | 4437 |
| LINKBANCORP INC COM | Stock | 53578P105 |  | 309326 | 33083 | SH |  | SOLE |  | 0 | 0 | 33083 |
| MATCH GROUP INC NEW COM | Stock | 57667L107 |  | 977545 | 23561 | SH |  | SOLE |  | 0 | 0 | 23561 |
| ENTERGY CORP NEW COM | Stock | 29364G103 |  | 1593238 | 14162 | SH |  | SOLE |  | 0 | 0 | 14162 |
| EVERSOURCE ENERGY COM | Stock | 30040W108 |  | 201048 | 2398 | SH |  | SOLE |  | 0 | 0 | 2398 |
| ISHARES RUSSELL MID CAP GROWTH ETF | ETF | 464287481 |  | 1002294 | 11989 | SH |  | SOLE |  | 0 | 0 | 11989 |
| VANGUARD SMALL CAP VALUE ETF | ETF | 922908611 |  | 1535594 | 9669 | SH |  | SOLE |  | 0 | 0 | 9669 |
| DARLING INGREDIENTS INC COM | Stock | 237266101 |  | 1967516 | 31435 | SH |  | SOLE |  | 0 | 0 | 31435 |
| REGENERON PHARMACEUTICALS COM | Stock | 75886F107 |  | 6161163 | 8539 | SH |  | SOLE |  | 0 | 0 | 8539 |
| ISHARES MSCI EAFE VALUE ETF | ETF | 464288877 |  | 4655868 | 101479 | SH |  | SOLE |  | 0 | 0 | 101479 |
| VANGUARD MID CAP GROWTH ETF | ETF | 922908538 |  | 357690 | 1989 | SH |  | SOLE |  | 0 | 0 | 1989 |
| APTIV PLC SHS | Stock | G6095L109 |  | 1504887 | 16159 | SH |  | SOLE |  | 0 | 0 | 16159 |
| VISA INC COM CL A | Stock | 92826C839 |  | 14585032 | 70201 | SH |  | SOLE |  | 0 | 0 | 70201 |
| HERSHEY CO COM | Stock | 427866108 |  | 346660 | 1497 | SH |  | SOLE |  | 0 | 0 | 1497 |
| VANGUARD VALUE ETF | ETF | 922908744 |  | 4385744 | 31244 | SH |  | SOLE |  | 0 | 0 | 31244 |
| VANGUARD GROWTH ETF | ETF | 922908736 |  | 1794842 | 8422 | SH |  | SOLE |  | 0 | 0 | 8422 |
| L3HARRIS TECHNOLOGIES INC COM | Stock | 502431109 |  | 3622075 | 17396 | SH |  | SOLE |  | 0 | 0 | 17396 |
| AMERICAN TOWER CORP NEW COM | REIT | 03027X100 |  | 9768269 | 46107 | SH |  | SOLE |  | 0 | 0 | 46107 |
| ZEBRA TECHNOLOGIES CORPORATION CL A | Stock | 989207105 |  | 1764870 | 6883 | SH |  | SOLE |  | 0 | 0 | 6883 |
| META PLATFORMS INC CL A | Stock | 30303M102 |  | 6118848 | 50846 | SH |  | SOLE |  | 0 | 0 | 50846 |
| SERVICENOW INC COM | Stock | 81762P102 |  | 2028192 | 5223 | SH |  | SOLE |  | 0 | 0 | 5223 |
| MONDELEZ INTL INC CL A | Stock | 609207105 |  | 5395836 | 80957 | SH |  | SOLE |  | 0 | 0 | 80957 |
| BROADCOM INC COM | Stock | 11135F101 |  | 623913 | 1115 | SH |  | SOLE |  | 0 | 0 | 1115 |
| D R HORTON INC COM | Stock | 23331A109 |  | 6644282 | 74537 | SH |  | SOLE |  | 0 | 0 | 74537 |
| METLIFE INC COM | Stock | 59156R108 |  | 2035657 | 28128 | SH |  | SOLE |  | 0 | 0 | 28128 |
| FLOWERS FOODS INC COM | Stock | 343498101 |  | 1223803 | 42581 | SH |  | SOLE |  | 0 | 0 | 42581 |
| ISHARES CORE MSCI TOTAL INTERNATIONAL STOCK ETF | ETF | 46432F834 |  | 3306105 | 57120 | SH |  | SOLE |  | 0 | 0 | 57120 |
| ISHARES CORE MSCI EAFE ETF | ETF | 46432F842 |  | 4046419 | 65646 | SH |  | SOLE |  | 0 | 0 | 65646 |
| ACCENTURE PLC IRELAND SHS CLASS A | Stock | G1151C101 |  | 3548559 | 13298 | SH |  | SOLE |  | 0 | 0 | 13298 |
| NVIDIA CORPORATION COM | Stock | 67066G104 |  | 1152902 | 7889 | SH |  | SOLE |  | 0 | 0 | 7889 |
| GENUINE PARTS CO COM | Stock | 372460105 |  | 240484 | 1386 | SH |  | SOLE |  | 0 | 0 | 1386 |
| ABBVIE INC COM | Stock | 00287Y109 |  | 2010823 | 12442 | SH |  | SOLE |  | 0 | 0 | 12442 |
| S P GLOBAL INC COM | Stock | 78409V104 |  | 6437914 | 19221 | SH |  | SOLE |  | 0 | 0 | 19221 |
| ISHARES CORE MSCI EMERGING MARKETS ETF | ETF | 46434G103 |  | 2324589 | 49777 | SH |  | SOLE |  | 0 | 0 | 49777 |
| VANGUARD TOTAL BOND MARKET ETF | ETF | 921937835 |  | 2902156 | 40397 | SH |  | SOLE |  | 0 | 0 | 40397 |
| ISHARES CORE 1 5 YEAR USD BOND ETF | ETF | 46432F859 |  | 549478 | 11832 | SH |  | SOLE |  | 0 | 0 | 11832 |
| ZOETIS INC CL A | Stock | 98978V103 |  | 5253490 | 35847 | SH |  | SOLE |  | 0 | 0 | 35847 |
| TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS | ADR | 874039100 |  | 220117 | 2955 | SH |  | SOLE |  | 0 | 0 | 2955 |
| ISHARES RUSSELL 2000 GROWTH ETF | ETF | 464287648 |  | 1408469 | 6565 | SH |  | SOLE |  | 0 | 0 | 6565 |
| BLACKSTONE INC COM | Stock | 09260D107 |  | 737748 | 9944 | SH |  | SOLE |  | 0 | 0 | 9944 |
| ZIMMER BIOMET HOLDINGS INC COM | Stock | 98956P102 |  | 1103895 | 8658 | SH |  | SOLE |  | 0 | 0 | 8658 |
| STRYKER CORPORATION COM | Stock | 863667101 |  | 1476266 | 6038 | SH |  | SOLE |  | 0 | 0 | 6038 |
| QUALCOMM INC COM | Stock | 747525103 |  | 270042 | 2456 | SH |  | SOLE |  | 0 | 0 | 2456 |
| FASTENAL CO COM | Stock | 311900104 |  | 1395516 | 29491 | SH |  | SOLE |  | 0 | 0 | 29491 |
| GENERAL DYNAMICS CORP COM | Stock | 369550108 |  | 391517 | 1578 | SH |  | SOLE |  | 0 | 0 | 1578 |
| INTUITIVE SURGICAL INC COM NEW | Stock | 46120E602 |  | 1729285 | 6517 | SH |  | SOLE |  | 0 | 0 | 6517 |
| MCDONALDS CORP COM | Stock | 580135101 |  | 3909220 | 14834 | SH |  | SOLE |  | 0 | 0 | 14834 |
| INTERCONTINENTAL EXCHANGE INC COM | Stock | 45866F104 |  | 3265327 | 31828 | SH |  | SOLE |  | 0 | 0 | 31828 |
| QUEST DIAGNOSTICS INC COM | Stock | 74834L100 |  | 3927823 | 25107 | SH |  | SOLE |  | 0 | 0 | 25107 |
| CISCO SYS INC COM | Stock | 17275R102 |  | 9670480 | 202990 | SH |  | SOLE |  | 0 | 0 | 202990 |
| VANGUARD TOTAL INTERNATIONAL BOND ETF | ETF | 92203J407 |  | 4943411 | 104225 | SH |  | SOLE |  | 0 | 0 | 104225 |
| ISHARES RUSSELL MIDCAP ETF | ETF | 464287499 |  | 18871624 | 279786 | SH |  | SOLE |  | 0 | 0 | 279786 |
| AUTODESK INC COM | Stock | 052769106 |  | 1407131 | 7530 | SH |  | SOLE |  | 0 | 0 | 7530 |
| CDW CORP COM | Stock | 12514G108 |  | 1013834 | 5677 | SH |  | SOLE |  | 0 | 0 | 5677 |
| AT T INC COM | Stock | 00206R102 |  | 401736 | 21821 | SH |  | SOLE |  | 0 | 0 | 21821 |
| ENERGY SELECT SECTOR SPDR FUND | ETF | 81369Y506 |  | 24228525 | 276992 | SH |  | SOLE |  | 0 | 0 | 276992 |
| MATERIALS SELECT SECTOR SPDR FUND | ETF | 81369Y100 |  | 534188 | 6876 | SH |  | SOLE |  | 0 | 0 | 6876 |
| GENERAL ELECTRIC CO COM NEW | Stock | 369604301 |  | 245085 | 2925 | SH |  | SOLE |  | 0 | 0 | 2925 |
| ISHARES MSCI USA QUALITY FACTOR ETF | ETF | 46432F339 |  | 206659 | 1813 | SH |  | SOLE |  | 0 | 0 | 1813 |
| ISHARES IBOXX  HIGH YIELD CORPORATE BOND ETF | ETF | 464288513 |  | 3071384 | 41713 | SH |  | SOLE |  | 0 | 0 | 41713 |
| ISHARES MSCI USA MOMENTUM FACTOR ETF | ETF | 46432F396 |  | 321652 | 2204 | SH |  | SOLE |  | 0 | 0 | 2204 |
| CONSUMER DISCRETIONARY SELECT SECTOR SPDR FUND | ETF | 81369Y407 |  | 2287722 | 17712 | SH |  | SOLE |  | 0 | 0 | 17712 |
| INDUSTRIAL SELECT SECTOR SPDR FUND | ETF | 81369Y704 |  | 1316855 | 13408 | SH |  | SOLE |  | 0 | 0 | 13408 |
| ISHARES US TECHNOLOGY ETF | ETF | 464287721 |  | 435294 | 5843 | SH |  | SOLE |  | 0 | 0 | 5843 |
| VEEVA SYS INC CL A COM | Stock | 922475108 |  | 816582 | 5060 | SH |  | SOLE |  | 0 | 0 | 5060 |
| SKYWORKS SOLUTIONS INC COM | Stock | 83088M102 |  | 5250266 | 57612 | SH |  | SOLE |  | 0 | 0 | 57612 |
| ISHARES S P 500 GROWTH ETF | ETF | 464287309 |  | 310857 | 5313 | SH |  | SOLE |  | 0 | 0 | 5313 |
| ISHARES CORE S P 500 ETF | ETF | 464287200 |  | 1530692 | 3984 | SH |  | SOLE |  | 0 | 0 | 3984 |
| UNION PAC CORP COM | Stock | 907818108 |  | 3962481 | 19135 | SH |  | SOLE |  | 0 | 0 | 19135 |
| ECOLAB INC COM | Stock | 278865100 |  | 3529436 | 24247 | SH |  | SOLE |  | 0 | 0 | 24247 |
| ISHARES MBS ETF | ETF | 464288588 |  | 1572947 | 16959 | SH |  | SOLE |  | 0 | 0 | 16959 |
| ISHARES PREFERRED  INCOME SECURITIES ETF | ETF | 464288687 |  | 289633 | 9486 | SH |  | SOLE |  | 0 | 0 | 9486 |
| SALESFORCE INC COM | Stock | 79466L302 |  | 2561771 | 19321 | SH |  | SOLE |  | 0 | 0 | 19321 |
| MCCORMICK  CO INC COM NON VTG | Stock | 579780206 |  | 254223 | 3067 | SH |  | SOLE |  | 0 | 0 | 3067 |
| IDEXX LABS INC COM | Stock | 45168D104 |  | 1161462 | 2847 | SH |  | SOLE |  | 0 | 0 | 2847 |
| THERMO FISHER SCIENTIFIC INC COM | Stock | 883556102 |  | 15511912 | 28168 | SH |  | SOLE |  | 0 | 0 | 28168 |
| VANGUARD MID CAP VALUE ETF | ETF | 922908512 |  | 2119614 | 15672 | SH |  | SOLE |  | 0 | 0 | 15672 |
| PROSPECT CAP CORP COM | CEF | 74348T102 |  | 105290 | 15063 | SH |  | SOLE |  | 0 | 0 | 15063 |
| LOCKHEED MARTIN CORP COM | Stock | 539830109 |  | 7018442 | 14426 | SH |  | SOLE |  | 0 | 0 | 14426 |
| JPMORGAN CHASE CO COM | Stock | 46625H100 |  | 11424610 | 85194 | SH |  | SOLE |  | 0 | 0 | 85194 |
| SPDR PORTFOLIO EMERGING MARKETS ETF | ETF | 78463X509 |  | 2892520 | 87758 | SH |  | SOLE |  | 0 | 0 | 87758 |
| CHEVRON CORP NEW COM | Stock | 166764100 |  | 1339112 | 7460 | SH |  | SOLE |  | 0 | 0 | 7460 |
| ISHARES NATIONAL MUNI BOND ETF | ETF | 464288414 |  | 6926797 | 65644 | SH |  | SOLE |  | 0 | 0 | 65644 |
| CONOCOPHILLIPS COM | Stock | 20825C104 |  | 232273 | 1968 | SH |  | SOLE |  | 0 | 0 | 1968 |
| VANGUARD FTSE DEVELOPED MARKETS ETF | ETF | 921943858 |  | 1033825 | 24632 | SH |  | SOLE |  | 0 | 0 | 24632 |
| CINCINNATI FINL CORP COM | Stock | 172062101 |  | 1288885 | 12588 | SH |  | SOLE |  | 0 | 0 | 12588 |
| DANAHER CORPORATION COM | Stock | 235851102 |  | 285061 | 1074 | SH |  | SOLE |  | 0 | 0 | 1074 |
| TJX COS INC NEW COM | Stock | 872540109 |  | 1823706 | 22910 | SH |  | SOLE |  | 0 | 0 | 22910 |
| BANK AMERICA CORP COM | Stock | 060505104 |  | 2959087 | 89344 | SH |  | SOLE |  | 0 | 0 | 89344 |
| WALMART INC COM | Stock | 931142103 |  | 3224073 | 22738 | SH |  | SOLE |  | 0 | 0 | 22738 |
| INTERNATIONAL BUSINESS MACHS COM | Stock | 459200101 |  | 225875 | 1603 | SH |  | SOLE |  | 0 | 0 | 1603 |
| ORACLE CORP COM | Stock | 68389X105 |  | 485867 | 5944 | SH |  | SOLE |  | 0 | 0 | 5944 |
| RAYTHEON TECHNOLOGIES CORP COM | Stock | 75513E101 |  | 591009 | 5856 | SH |  | SOLE |  | 0 | 0 | 5856 |
| VANGUARD FTSE EMERGING MARKETS ETF | ETF | 922042858 |  | 463121 | 11881 | SH |  | SOLE |  | 0 | 0 | 11881 |
| TEXAS INSTRS INC COM | Stock | 882508104 |  | 263497 | 1594 | SH |  | SOLE |  | 0 | 0 | 1594 |
| VANGUARD HIGH DIVIDEND YIELD INDEX ETF | ETF | 921946406 |  | 399066 | 3687 | SH |  | SOLE |  | 0 | 0 | 3687 |
| PFIZER INC COM | Stock | 717081103 |  | 3049114 | 59506 | SH |  | SOLE |  | 0 | 0 | 59506 |
| MORGAN STANLEY COM NEW | Stock | 617446448 |  | 276158 | 3248 | SH |  | SOLE |  | 0 | 0 | 3248 |
| GILEAD SCIENCES INC COM | Stock | 375558103 |  | 249721 | 2908 | SH |  | SOLE |  | 0 | 0 | 2908 |
| CATERPILLAR INC COM | Stock | 149123101 |  | 766918 | 3201 | SH |  | SOLE |  | 0 | 0 | 3201 |
| ALPHABET INC CAP STK CL C | Stock | 02079K107 |  | 2699698 | 30426 | SH |  | SOLE |  | 0 | 0 | 30426 |
| AMERICAN EXPRESS CO COM | Stock | 025816109 |  | 3779908 | 25583 | SH |  | SOLE |  | 0 | 0 | 25583 |
| AMGEN INC COM | Stock | 031162100 |  | 10592340 | 40330 | SH |  | SOLE |  | 0 | 0 | 40330 |
| APPLIED MATLS INC COM | Stock | 038222105 |  | 8143426 | 83625 | SH |  | SOLE |  | 0 | 0 | 83625 |
| ANALOG DEVICES INC COM | Stock | 032654105 |  | 1462428 | 8915 | SH |  | SOLE |  | 0 | 0 | 8915 |
| TRANSDIGM GROUP INC COM | Stock | 893641100 |  | 3099348 | 4922 | SH |  | SOLE |  | 0 | 0 | 4922 |
| ARISTA NETWORKS INC COM | Stock | 040413106 |  | 3202911 | 26394 | SH |  | SOLE |  | 0 | 0 | 26394 |
| VANGUARD DIVIDEND APPRECIATION ETF | ETF | 921908844 |  | 296866 | 1955 | SH |  | SOLE |  | 0 | 0 | 1955 |
| ISHARES MSCI EAFE SMALL-CAP ETF | ETF | 464288273 |  | 1223130 | 21656 | SH |  | SOLE |  | 0 | 0 | 21656 |
| TIMKENSTEEL CORPORATION COM | Stock | 887399103 |  | 181700 | 10000 | SH |  | SOLE |  | 0 | 0 | 10000 |
| ISHARES CORE US AGGREGATE BOND ETF | ETF | 464287226 |  | 283493 | 2922 | SH |  | SOLE |  | 0 | 0 | 2922 |
| ISHARES CORE DIVIDEND GROWTH ETF | ETF | 46434V621 |  | 548810 | 10976 | SH |  | SOLE |  | 0 | 0 | 10976 |
| SPDR PORTFOLIO S P 500 ETF | ETF | 78464A854 |  | 44074788 | 979875 | SH |  | SOLE |  | 0 | 0 | 979875 |
| EATON CORP PLC SHS | Stock | G29183103 |  | 591858 | 3771 | SH |  | SOLE |  | 0 | 0 | 3771 |
| ISHARES CORE TOTAL USD BOND MARKET ETF | ETF | 46434V613 |  | 23751211 | 528627 | SH |  | SOLE |  | 0 | 0 | 528627 |
| ESSENTIAL UTILS INC COM | Stock | 29670G102 |  | 404946 | 8484 | SH |  | SOLE |  | 0 | 0 | 8484 |
| CIENA CORP COM NEW | Stock | 171779309 |  | 2395176 | 46982 | SH |  | SOLE |  | 0 | 0 | 46982 |
| VANGUARD SHORT TERM BOND ETF | ETF | 921937827 |  | 249176 | 3310 | SH |  | SOLE |  | 0 | 0 | 3310 |
| SPDR PORTFOLIO S P 500 GROWTH ETF | ETF | 78464A409 |  | 3147944 | 62126 | SH |  | SOLE |  | 0 | 0 | 62126 |
| MKS INSTRS INC COM | Stock | 55306N104 |  | 2549170 | 30085 | SH |  | SOLE |  | 0 | 0 | 30085 |
| UNIVEST FINANCIAL CORPORATION COM | Stock | 915271100 |  | 702562 | 26887 | SH |  | SOLE |  | 0 | 0 | 26887 |
| PHILIP MORRIS INTL INC COM | Stock | 718172109 |  | 846684 | 8365 | SH |  | SOLE |  | 0 | 0 | 8365 |
| ROPER TECHNOLOGIES INC COM | Stock | 776696106 |  | 9638950 | 22307 | SH |  | SOLE |  | 0 | 0 | 22307 |
| VANGUARD MEGA CAP GROWTH ETF | ETF | 921910816 |  | 1831168 | 10642 | SH |  | SOLE |  | 0 | 0 | 10642 |
| SYNOPSYS INC COM | Stock | 871607107 |  | 1314836 | 4118 | SH |  | SOLE |  | 0 | 0 | 4118 |
| SPDR BLOOMBERG HIGH YIELD BOND ETF | ETF | 78468R622 |  | 6429885 | 71443 | SH |  | SOLE |  | 0 | 0 | 71443 |
| PNC FINL SVCS GROUP INC COM | Stock | 693475105 |  | 330163 | 2090 | SH |  | SOLE |  | 0 | 0 | 2090 |
| EQUINIX INC COM | REIT | 29444U700 |  | 2635090 | 4022 | SH |  | SOLE |  | 0 | 0 | 4022 |
| BRISTOL MYERS SQUIBB CO COM | Stock | 110122108 |  | 2185140 | 30370 | SH |  | SOLE |  | 0 | 0 | 30370 |
| ISHARES RUSSELL 3000 ETF | ETF | 464287689 |  | 370742 | 1680 | SH |  | SOLE |  | 0 | 0 | 1680 |
| REALTY INCOME CORP COM | REIT | 756109104 |  | 251499 | 3965 | SH |  | SOLE |  | 0 | 0 | 3965 |
| ALTRIA GROUP INC COM | Stock | 02209S103 |  | 594357 | 13002 | SH |  | SOLE |  | 0 | 0 | 13002 |
| DOMINION ENERGY INC COM | Stock | 25746U109 |  | 272675 | 4446 | SH |  | SOLE |  | 0 | 0 | 4446 |
| AMERICAN WTR WKS CO INC NEW COM | Stock | 030420103 |  | 225176 | 1477 | SH |  | SOLE |  | 0 | 0 | 1477 |
| EXXON MOBIL CORP COM | Stock | 30231G102 |  | 1876194 | 17009 | SH |  | SOLE |  | 0 | 0 | 17009 |
| UNITEDHEALTH GROUP INC COM | Stock | 91324P102 |  | 15701898 | 29616 | SH |  | SOLE |  | 0 | 0 | 29616 |
| TRAVELERS COMPANIES INC COM | Stock | 89417E109 |  | 488998 | 2608 | SH |  | SOLE |  | 0 | 0 | 2608 |
| LOWES COS INC COM | Stock | 548661107 |  | 1751765 | 8792 | SH |  | SOLE |  | 0 | 0 | 8792 |
| DEERE CO COM | Stock | 244199105 |  | 408254 | 952 | SH |  | SOLE |  | 0 | 0 | 952 |
| COLGATE PALMOLIVE CO COM | Stock | 194162103 |  | 210605 | 2673 | SH |  | SOLE |  | 0 | 0 | 2673 |
| ACTIVISION BLIZZARD INC COM | Stock | 00507V109 |  | 269609 | 3522 | SH |  | SOLE |  | 0 | 0 | 3522 |
| SPDR PORTFOLIO DEVELOPED WORLD EX US ETF | ETF | 78463X889 |  | 1361259 | 45849 | SH |  | SOLE |  | 0 | 0 | 45849 |
| CARDINAL HEALTH INC COM | Stock | 14149Y108 |  | 201937 | 2627 | SH |  | SOLE |  | 0 | 0 | 2627 |
| TORONTO DOMINION BK ONT COM NEW | Stock | 891160509 |  | 3700893 | 57147 | SH |  | SOLE |  | 0 | 0 | 57147 |
| BLACKROCK INC COM | Stock | 09247X101 |  | 15588619 | 21998 | SH |  | SOLE |  | 0 | 0 | 21998 |
| ISHARES CORE S P MID CAP ETF | ETF | 464287507 |  | 632410 | 2614 | SH |  | SOLE |  | 0 | 0 | 2614 |
| VANGUARD TAX EXEMPT BOND ETF | ETF | 922907746 |  | 13665080 | 276118 | SH |  | SOLE |  | 0 | 0 | 276118 |
| APPLE INC COM | Stock | 037833100 |  | 48689948 | 374739 | SH |  | SOLE |  | 0 | 0 | 374739 |
| WEC ENERGY GROUP INC COM | Stock | 92939U106 |  | 1185454 | 12643 | SH |  | SOLE |  | 0 | 0 | 12643 |
| ABBOTT LABS COM | Stock | 002824100 |  | 7238037 | 65926 | SH |  | SOLE |  | 0 | 0 | 65926 |
| DISNEY WALT CO COM | Stock | 254687106 |  | 5500795 | 63314 | SH |  | SOLE |  | 0 | 0 | 63314 |
| ISHARES MSCI INTL MOMENTUM FACTOR ETF | ETF | 46434V449 |  | 214692 | 6963 | SH |  | SOLE |  | 0 | 0 | 6963 |
| ISHARES RUSSELL 1000 ETF | ETF | 464287622 |  | 2607079 | 12384 | SH |  | SOLE |  | 0 | 0 | 12384 |
| MARSH  MCLENNAN COS INC COM | Stock | 571748102 |  | 3921810 | 23699 | SH |  | SOLE |  | 0 | 0 | 23699 |
| ISHARES RUSSELL 1000 VALUE ETF | ETF | 464287598 |  | 222504 | 1467 | SH |  | SOLE |  | 0 | 0 | 1467 |

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