# EDGAR Filing Document

**Accession Number:** 0001731448
**File Stem:** 0001731448-26-000001
**Filing Date:** 2026-1
**Character Count:** 16799
**Document Hash:** b40d527d6e07b885af7d5bc5c951f2f4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001731448-26-000001.hdr.sgml**: 20260128

**ACCESSION NUMBER**: 0001731448-26-000001

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260128

**DATE AS OF CHANGE**: 20260128

**EFFECTIVENESS DATE**: 20260128

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** G&S Capital LLC
- **CENTRAL INDEX KEY:** 0001731448

**ORGANIZATION NAME:**
- **EIN:** 202435247
- **STATE OF INCORPORATION:** CO
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-18604
- **FILM NUMBER:** 26570441

**BUSINESS ADDRESS:**
- **STREET 1:** 7887 E. BELLEVIEW AVE.
- **STREET 2:** SUITE 1225
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80111
- **BUSINESS PHONE:** 3037738000

**MAIL ADDRESS:**
- **STREET 1:** 7887 E. BELLEVIEW AVE.
- **STREET 2:** SUITE 1225
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80111

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2025

**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:** G Capital LLC<br>**Address:** 7887 E. BELLEVIEW AVE.<br>SUITE 1225<br>DENVER, CO 80111

**Form 13F File Number:** 028-18604

**CRD Number (if applicable):** 000171033

**SEC File Number (if applicable):** 801-79801

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:** Justin Soucie<br>**Title:** Chief Compliance Officer<br>**Phone:** 303.773.8000

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

Justin Soucie  Denver, CO  01-28-2026<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 132

**Form 13F Information Table Value Total:** $283047374

      (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 |
| ABBVIE INC | COM | 00287Y109 |  | 4041477 | 17688 | SH |  | SOLE |  | 0 | 0 | 17688 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 2597118 | 12127 | SH |  | SOLE |  | 0 | 0 | 12127 |
| AFLAC INC | COM | 001055102 |  | 2593251 | 23517 | SH |  | SOLE |  | 0 | 0 | 23517 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 783075 | 2495 | SH |  | SOLE |  | 0 | 0 | 2495 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 851359 | 2720 | SH |  | SOLE |  | 0 | 0 | 2720 |
| ALPS ETF TR | SMITH CORE PLUS | 00162Q346 |  | 1064493 | 40832 | SH |  | SOLE |  | 0 | 0 | 40832 |
| ALPS ETF TR | ALERIAN MLP | 00162Q452 |  | 3389204 | 72080 | SH |  | SOLE |  | 0 | 0 | 72080 |
| AMAZON COM INC | COM | 023135106 |  | 1457397 | 6314 | SH |  | SOLE |  | 0 | 0 | 6314 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 |  | 2767860 | 24004 | SH |  | SOLE |  | 0 | 0 | 24004 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 4008480 | 10835 | SH |  | SOLE |  | 0 | 0 | 10835 |
| APPLE INC | COM | 037833100 |  | 5375670 | 19774 | SH |  | SOLE |  | 0 | 0 | 19774 |
| APPLIED MATLS INC | COM | 038222105 |  | 245939 | 957 | SH |  | SOLE |  | 0 | 0 | 957 |
| ARCHER DANIELS MIDLAND CO | COM | 039483102 |  | 722180 | 12562 | SH |  | SOLE |  | 0 | 0 | 12562 |
| ARISTA NETWORKS INC | COM SHS | 040413205 |  | 802166 | 6122 | SH |  | SOLE |  | 0 | 0 | 6122 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 312277 | 1214 | SH |  | SOLE |  | 0 | 0 | 1214 |
| AUTOZONE INC | COM | 053332102 |  | 342542 | 101 | SH |  | SOLE |  | 0 | 0 | 101 |
| BANK AMERICA CORP | COM | 060505104 |  | 1521851 | 27670 | SH |  | SOLE |  | 0 | 0 | 27670 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 1624565 | 3232 | SH |  | SOLE |  | 0 | 0 | 3232 |
| BOEING CO | COM | 097023105 |  | 1476416 | 6800 | SH |  | SOLE |  | 0 | 0 | 6800 |
| BROADCOM INC | COM | 11135F101 |  | 203853 | 589 | SH |  | SOLE |  | 0 | 0 | 589 |
| CAPITAL GROUP CORE EQUITY ET | SHS CREATION UNI | 14020V108 |  | 4208483 | 104611 | SH |  | SOLE |  | 0 | 0 | 104611 |
| CAPITAL GROUP INTL FOCUS EQT | SHS CREATION UNI | 14019W109 |  | 3815273 | 129112 | SH |  | SOLE |  | 0 | 0 | 129112 |
| CARDINAL HEALTH INC | COM | 14149Y108 |  | 1953825 | 9508 | SH |  | SOLE |  | 0 | 0 | 9508 |
| CATERPILLAR INC | COM | 149123101 |  | 3304654 | 5769 | SH |  | SOLE |  | 0 | 0 | 5769 |
| CHEVRON CORP NEW | COM | 166764100 |  | 4472527 | 29345 | SH |  | SOLE |  | 0 | 0 | 29345 |
| CHUBB LIMITED | COM | H1467J104 |  | 708825 | 2271 | SH |  | SOLE |  | 0 | 0 | 2271 |
| CISCO SYS INC | COM | 17275R102 |  | 1684184 | 21864 | SH |  | SOLE |  | 0 | 0 | 21864 |
| CITIGROUP INC | COM NEW | 172967424 |  | 3322115 | 28470 | SH |  | SOLE |  | 0 | 0 | 28470 |
| COCA COLA CO | COM | 191216100 |  | 1101692 | 15759 | SH |  | SOLE |  | 0 | 0 | 15759 |
| CONSOLIDATED EDISON INC | COM | 209115104 |  | 892470 | 8986 | SH |  | SOLE |  | 0 | 0 | 8986 |
| CUMMINS INC | COM | 231021106 |  | 406318 | 796 | SH |  | SOLE |  | 0 | 0 | 796 |
| DEERE  CO | COM | 244199105 |  | 576841 | 1239 | SH |  | SOLE |  | 0 | 0 | 1239 |
| DELL TECHNOLOGIES INC | CL C | 24703L202 |  | 1349405 | 10720 | SH |  | SOLE |  | 0 | 0 | 10720 |
| DOW INC | COM | 260557103 |  | 637084 | 27249 | SH |  | SOLE |  | 0 | 0 | 27249 |
| ECOLAB INC | COM | 278865100 |  | 808178 | 3079 | SH |  | SOLE |  | 0 | 0 | 3079 |
| ELI LILLY  CO | COM | 532457108 |  | 538415 | 501 | SH |  | SOLE |  | 0 | 0 | 501 |
| EMERSON ELEC CO | COM | 291011104 |  | 948552 | 7147 | SH |  | SOLE |  | 0 | 0 | 7147 |
| ENERGY FUELS INC | COM NEW | 292671708 |  | 338462 | 23278 | SH |  | SOLE |  | 0 | 0 | 23278 |
| ENTERGY CORP NEW | COM | 29364G103 |  | 2797424 | 30265 | SH |  | SOLE |  | 0 | 0 | 30265 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 438904 | 3647 | SH |  | SOLE |  | 0 | 0 | 3647 |
| FIRST TR EXCH TRADED FD III | FT VEST SMID | 33738D820 |  | 3594059 | 167477 | SH |  | SOLE |  | 0 | 0 | 167477 |
| FIRST TR EXCHANGE-TRADED ALP | COM SHS | 33734Y109 |  | 1112351 | 9832 | SH |  | SOLE |  | 0 | 0 | 9832 |
| FIRST TR EXCHANGE-TRADED ALP | COM SHS | 33735K108 |  | 1077924 | 6742 | SH |  | SOLE |  | 0 | 0 | 6742 |
| FIRST TR EXCHANGE-TRADED ALP | MID CP GR ALPH | 33737M102 |  | 1121960 | 12303 | SH |  | SOLE |  | 0 | 0 | 12303 |
| FIRST TR EXCHANGE-TRADED FD | FT VEST GOLD | 33733E856 |  | 220776 | 8828 | SH |  | SOLE |  | 0 | 0 | 8828 |
| FIRST TR EXCHANGE-TRADED FD | NO AMER ENERGY | 33738D101 |  | 925665 | 24443 | SH |  | SOLE |  | 0 | 0 | 24443 |
| FIRST TR EXCHANGE-TRADED FD | FT VEST TEC | 33738D812 |  | 264969 | 9552 | SH |  | SOLE |  | 0 | 0 | 9552 |
| FIRST TR EXCHANGE-TRADED FD | FT VEST RIS | 33738D879 |  | 3849449 | 146702 | SH |  | SOLE |  | 0 | 0 | 146702 |
| FIRST TR EXCHANGE-TRADED FD | FT VEST S 500 | 33739Q705 |  | 3440786 | 70006 | SH |  | SOLE |  | 0 | 0 | 70006 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 258504 | 768 | SH |  | SOLE |  | 0 | 0 | 768 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 2807793 | 22876 | SH |  | SOLE |  | 0 | 0 | 22876 |
| GLOBAL PARTNERS LP | COM UNITS | 37946R109 |  | 250347 | 5982 | SH |  | SOLE |  | 0 | 0 | 5982 |
| GOLDMAN SACHS ETF TR | ULTRA SHORT BOND | 381430230 |  | 3063335 | 60696 | SH |  | SOLE |  | 0 | 0 | 60696 |
| GOLDMAN SACHS ETF TR | ACCES TREASURY | 381430529 |  | 3197469 | 31994 | SH |  | SOLE |  | 0 | 0 | 31994 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 840324 | 956 | SH |  | SOLE |  | 0 | 0 | 956 |
| HARTFORD INSURANCE GROUP INC | COM | 416515104 |  | 2935869 | 21305 | SH |  | SOLE |  | 0 | 0 | 21305 |
| HORMEL FOODS CORP | COM | 440452100 |  | 240566 | 10150 | SH |  | SOLE |  | 0 | 0 | 10150 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 6221851 | 21005 | SH |  | SOLE |  | 0 | 0 | 21005 |
| INVESCO EXCH TRADED FD TR II | S SMLCP HELT | 46138E149 |  | 3259916 | 73996 | SH |  | SOLE |  | 0 | 0 | 73996 |
| INVESCO EXCH TRADED FD TR II | S LOW VOL | 46138E354 |  | 4065962 | 56930 | SH |  | SOLE |  | 0 | 0 | 56930 |
| INVESCO EXCHANGE TRADED FD T | S EQL IND | 46137V324 |  | 3310549 | 58459 | SH |  | SOLE |  | 0 | 0 | 58459 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 8789752 | 14308 | SH |  | SOLE |  | 0 | 0 | 14308 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 |  | 229711 | 2830 | SH |  | SOLE |  | 0 | 0 | 2830 |
| ISHARES SILVER TR | ISHARES | 46428Q109 |  | 309280 | 4801 | SH |  | SOLE |  | 0 | 0 | 4801 |
| ISHARES TR | CORE S TTL STK | 464287150 |  | 328150 | 2207 | SH |  | SOLE |  | 0 | 0 | 2207 |
| ISHARES TR | CORE S ETF | 464287200 |  | 728104 | 1063 | SH |  | SOLE |  | 0 | 0 | 1063 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 949572 | 17356 | SH |  | SOLE |  | 0 | 0 | 17356 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 6016578 | 50063 | SH |  | SOLE |  | 0 | 0 | 50063 |
| ISHARES TR | MSCI ACWI ETF | 464288257 |  | 1941144 | 13719 | SH |  | SOLE |  | 0 | 0 | 13719 |
| ISHARES TR | MSCI USA MMENTM | 46432F396 |  | 1083890 | 4330 | SH |  | SOLE |  | 0 | 0 | 4330 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 |  | 765429 | 8556 | SH |  | SOLE |  | 0 | 0 | 8556 |
| ISHARES TR | MSCI INTL VLU FT | 46435G409 |  | 1109260 | 29153 | SH |  | SOLE |  | 0 | 0 | 29153 |
| ISHARES TR | BROAD USD HIGH | 46435U853 |  | 228146 | 6101 | SH |  | SOLE |  | 0 | 0 | 6101 |
| J P MORGAN EXCHANGE TRADED F | JPMORGAN INTL VL | 46654Q757 |  | 2063800 | 25708 | SH |  | SOLE |  | 0 | 0 | 25708 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 920000 | 4446 | SH |  | SOLE |  | 0 | 0 | 4446 |
| JOHNSON CTLS INTL PLC | SHS | G51502105 |  | 3432634 | 28665 | SH |  | SOLE |  | 0 | 0 | 28665 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 3531236 | 10959 | SH |  | SOLE |  | 0 | 0 | 10959 |
| KIMBERLY-CLARK CORP | COM | 494368103 |  | 440889 | 4370 | SH |  | SOLE |  | 0 | 0 | 4370 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 242227 | 8811 | SH |  | SOLE |  | 0 | 0 | 8811 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 387358 | 801 | SH |  | SOLE |  | 0 | 0 | 801 |
| MERCK  CO INC | COM | 58933Y105 |  | 787932 | 7486 | SH |  | SOLE |  | 0 | 0 | 7486 |
| META PLATFORMS INC | CL A | 30303M102 |  | 1126774 | 1707 | SH |  | SOLE |  | 0 | 0 | 1707 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 1652537 | 5790 | SH |  | SOLE |  | 0 | 0 | 5790 |
| MICROSOFT CORP | COM | 594918104 |  | 3130194 | 6472 | SH |  | SOLE |  | 0 | 0 | 6472 |
| NASDAQ INC | COM | 631103108 |  | 1523459 | 15685 | SH |  | SOLE |  | 0 | 0 | 15685 |
| NUCOR CORP | COM | 670346105 |  | 395705 | 2426 | SH |  | SOLE |  | 0 | 0 | 2426 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 5677101 | 30440 | SH |  | SOLE |  | 0 | 0 | 30440 |
| ORACLE CORP | COM | 68389X105 |  | 214480 | 1100 | SH |  | SOLE |  | 0 | 0 | 1100 |
| PACKAGING CORP AMER | COM | 695156109 |  | 2657480 | 12886 | SH |  | SOLE |  | 0 | 0 | 12886 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 630332 | 3422 | SH |  | SOLE |  | 0 | 0 | 3422 |
| PPG INDS INC | COM | 693506107 |  | 523498 | 5109 | SH |  | SOLE |  | 0 | 0 | 5109 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 4265896 | 29767 | SH |  | SOLE |  | 0 | 0 | 29767 |
| QUANTA SVCS INC | COM | 74762E102 |  | 675296 | 1600 | SH |  | SOLE |  | 0 | 0 | 1600 |
| QUEST DIAGNOSTICS INC | COM | 74834L100 |  | 2622559 | 15113 | SH |  | SOLE |  | 0 | 0 | 15113 |
| RBB FUND TRUST | FIRST EAGLE OVER | 75526L878 |  | 2946381 | 60926 | SH |  | SOLE |  | 0 | 0 | 60926 |
| RESMED INC | COM | 761152107 |  | 615423 | 2555 | SH |  | SOLE |  | 0 | 0 | 2555 |
| RTX CORPORATION | COM | 75513E101 |  | 1421832 | 7753 | SH |  | SOLE |  | 0 | 0 | 7753 |
| SCHWAB STRATEGIC TR | US LCAP VA ETF | 808524409 |  | 233168 | 7875 | SH |  | SOLE |  | 0 | 0 | 7875 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 486074 | 1227 | SH |  | SOLE |  | 0 | 0 | 1227 |
| SPDR INDEX SHS FDS | PORTFOLIO EMG MK | 78463X509 |  | 1209664 | 25842 | SH |  | SOLE |  | 0 | 0 | 25842 |
| SPDR INDEX SHS FDS | PORTFOLIO DEVLPD | 78463X889 |  | 3498841 | 78785 | SH |  | SOLE |  | 0 | 0 | 78785 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 17592178 | 25798 | SH |  | SOLE |  | 0 | 0 | 25798 |
| SPDR S MIDCAP 400 ETF TR | UTSER1 S | 78467Y107 |  | 6266389 | 10387 | SH |  | SOLE |  | 0 | 0 | 10387 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A649 |  | 1699653 | 66006 | SH |  | SOLE |  | 0 | 0 | 66006 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A805 |  | 12585550 | 152552 | SH |  | SOLE |  | 0 | 0 | 152552 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A847 |  | 4489496 | 77525 | SH |  | SOLE |  | 0 | 0 | 77525 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A854 |  | 924322 | 11522 | SH |  | SOLE |  | 0 | 0 | 11522 |
| SPDR SERIES TRUST | STATE STREET SPD | 78468R408 |  | 202002 | 7978 | SH |  | SOLE |  | 0 | 0 | 7978 |
| SPDR SERIES TRUST | STATE STREET SPD | 78468R663 |  | 8490075 | 92910 | SH |  | SOLE |  | 0 | 0 | 92910 |
| SPDR SERIES TRUST | STATE STREET SPD | 78468R853 |  | 2358128 | 50323 | SH |  | SOLE |  | 0 | 0 | 50323 |
| SPROTT ASSET MANAGEMENT LP | PHYSICAL GOLD TR | 85207H104 |  | 1845865 | 55901 | SH |  | SOLE |  | 0 | 0 | 55901 |
| SPROTT ASSET MANAGEMENT LP | PHYSICAL SILVER | 85207K107 |  | 1969950 | 83296 | SH |  | SOLE |  | 0 | 0 | 83296 |
| SPROTT FDS TR | SPROTT CRITICAL | 85208P402 |  | 2034504 | 70276 | SH |  | SOLE |  | 0 | 0 | 70276 |
| SSGA ACTIVE ETF TR | STATE STREET ULT | 78467V707 |  | 601516 | 14850 | SH |  | SOLE |  | 0 | 0 | 14850 |
| STARBUCKS CORP | COM | 855244109 |  | 332730 | 3951 | SH |  | SOLE |  | 0 | 0 | 3951 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 2043660 | 6725 | SH |  | SOLE |  | 0 | 0 | 6725 |
| TESLA INC | COM | 88160R101 |  | 1411221 | 3138 | SH |  | SOLE |  | 0 | 0 | 3138 |
| TJX COS INC NEW | COM | 872540109 |  | 710293 | 4624 | SH |  | SOLE |  | 0 | 0 | 4624 |
| TRANE TECHNOLOGIES PLC | SHS | G8994E103 |  | 2343762 | 6022 | SH |  | SOLE |  | 0 | 0 | 6022 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 736125 | 9009 | SH |  | SOLE |  | 0 | 0 | 9009 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 3139096 | 9509 | SH |  | SOLE |  | 0 | 0 | 9509 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 1472659 | 3019 | SH |  | SOLE |  | 0 | 0 | 3019 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 11506565 | 60247 | SH |  | SOLE |  | 0 | 0 | 60247 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 319495 | 953 | SH |  | SOLE |  | 0 | 0 | 953 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 213569 | 3419 | SH |  | SOLE |  | 0 | 0 | 3419 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 962499 | 23631 | SH |  | SOLE |  | 0 | 0 | 23631 |
| VISA INC | COM CL A | 92826C839 |  | 250407 | 714 | SH |  | SOLE |  | 0 | 0 | 714 |
| WALMART INC | COM | 931142103 |  | 3263278 | 29291 | SH |  | SOLE |  | 0 | 0 | 29291 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 2666651 | 12137 | SH |  | SOLE |  | 0 | 0 | 12137 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 900132 | 9658 | SH |  | SOLE |  | 0 | 0 | 9658 |
| WILLIAMS COS INC | COM | 969457100 |  | 2900557 | 48254 | SH |  | SOLE |  | 0 | 0 | 48254 |
| WISDOMTREE TR | FLOATNG RAT TREA | 97717Y527 |  | 478033 | 9500 | SH |  | SOLE |  | 0 | 0 | 9500 |

---