# EDGAR Filing Document

**Accession Number:** 0001817174
**File Stem:** 0001817174-25-000005
**Filing Date:** 2025-11
**Character Count:** 17106
**Document Hash:** 99eb7eda3a3446019cabee408259829c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001817174-25-000005.hdr.sgml**: 20251113

**ACCESSION NUMBER**: 0001817174-25-000005

**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:** Prudent Man Advisors, LLC
- **CENTRAL INDEX KEY:** 0001817174

**ORGANIZATION NAME:**
- **EIN:** 364106186
- **STATE OF INCORPORATION:** IL
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-20318
- **FILM NUMBER:** 251477134

**BUSINESS ADDRESS:**
- **STREET 1:** 2135 CITY GATE LANE
- **STREET 2:** 7TH FLOOR
- **CITY:** NAPERVILLE
- **STATE:** IL
- **ZIP:** 60563
- **BUSINESS PHONE:** 6306576498

**MAIL ADDRESS:**
- **STREET 1:** 2135 CITY GATE LANE
- **STREET 2:** 7TH FLOOR
- **CITY:** NAPERVILLE
- **STATE:** IL
- **ZIP:** 60563

### 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:** Prudent Man Advisors LLC<br>**Address:** 2135 CITY GATE LANE<br>7TH FLOOR<br>NAPERVILLE, IL 60563

**Form 13F File Number:** 028-20318

**CRD Number (if applicable):** 000301973

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:** Kevin Kulling<br>**Title:** Deputy Chief Compliance Officer<br>**Phone:** 630-657-6400

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

Kevin Kulling  Naperville, IL  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:** 134

**Form 13F Information Table Value Total:** $271461880

      (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 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 43113334 | 131375 | SH |  | SOLE | --- | 130214 | 0 | 1161 |
| VANGUARD STAR FDS | VG TL INTL STK F | 921909768 |  | 5010486 | 68207 | SH |  | SOLE | --- | 65339 | 0 | 2868 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 891013 | 1455 | SH |  | SOLE | --- | 1455 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | VNG RUS2000IDX | 92206C664 |  | 1355590 | 13858 | SH |  | SOLE | --- | 12181 | 0 | 1677 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 |  | 26502047 | 356354 | SH |  | SOLE | --- | 280527 | 0 | 75827 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 |  | 10541222 | 129834 | SH |  | SOLE | --- | 116886 | 0 | 12948 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 |  | 2159918 | 15324 | SH |  | SOLE | --- | 10639 | 0 | 4685 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 3663474 | 40073 | SH |  | SOLE | --- | 29912 | 0 | 10161 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 9306084 | 149792 | SH |  | SOLE | --- | 94275 | 0 | 55517 |
| VANGUARD BD INDEX FDS | SHORT TRM BOND | 921937827 |  | 6900127 | 87443 | SH |  | SOLE | --- | 83143 | 0 | 4300 |
| ISHARES TR | ULTRA SHORT DUR | 46434V878 |  | 2343635 | 46180 | SH |  | SOLE | --- | 46180 | 0 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 3893862 | 16093 | SH |  | SOLE | --- | 9723 | 0 | 6370 |
| ISHARES TR | ESG AWR MSCI USA | 46435G425 |  | 10743824 | 73790 | SH |  | SOLE | --- | 42302 | 0 | 31488 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 1117112 | 18153 | SH |  | SOLE | --- | 7769 | 0 | 10384 |
| SPDR SERIES TRUST | BLOOMBERG HIGH Y | 78468R622 |  | 1174704 | 11988 | SH |  | SOLE | --- | 10962 | 0 | 1026 |
| PROLOGIS INC. | COM | 74340W103 |  | 1188947 | 10382 | SH |  | SOLE | --- | 9381 | 0 | 1001 |
| HONEYWELL INTL INC | COM | 438516106 |  | 1274578 | 6055 | SH |  | SOLE | --- | 5510 | 0 | 545 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 1636321 | 21676 | SH |  | SOLE | --- | 19663 | 0 | 2013 |
| DUPONT DE NEMOURS INC | COM | 26614N102 |  | 1133912 | 14556 | SH |  | SOLE | --- | 13159 | 0 | 1397 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 831809 | 1715 | SH |  | SOLE | --- | 1483 | 0 | 232 |
| MICROSOFT CORP | COM | 594918104 |  | 7580716 | 14636 | SH |  | SOLE | --- | 12783 | 0 | 1853 |
| APPLIED MATLS INC | COM | 038222105 |  | 1463891 | 7150 | SH |  | SOLE | --- | 6491 | 0 | 659 |
| AMETEK INC | COM | 031100100 |  | 1003356 | 5337 | SH |  | SOLE | --- | 4620 | 0 | 717 |
| L3HARRIS TECHNOLOGIES INC | COM | 502431109 |  | 1289441 | 4222 | SH |  | SOLE | --- | 3822 | 0 | 400 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 1920237 | 12080 | SH |  | SOLE | --- | 11026 | 0 | 1054 |
| EOG RES INC | COM | 26875P101 |  | 726425 | 6479 | SH |  | SOLE | --- | 5592 | 0 | 887 |
| T-MOBILE US INC | COM | 872590104 |  | 1644062 | 6868 | SH |  | SOLE | --- | 6201 | 0 | 667 |
| EQUINIX INC | COM | 29444U700 |  | 1364404 | 1742 | SH |  | SOLE | --- | 1638 | 0 | 104 |
| VISA INC | COM CL A | 92826C839 |  | 1702121 | 4986 | SH |  | SOLE | --- | 4333 | 0 | 653 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 1747953 | 3073 | SH |  | SOLE | --- | 2670 | 0 | 403 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 2088487 | 12876 | SH |  | SOLE | --- | 11764 | 0 | 1112 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 1484711 | 1604 | SH |  | SOLE | --- | 1396 | 0 | 208 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 729356 | 1197 | SH |  | SOLE | --- | 1026 | 0 | 171 |
| LKQ CORP | COM | 501889208 |  | 666658 | 21829 | SH |  | SOLE | --- | 19833 | 0 | 1996 |
| ABBOTT LABS | COM | 002824100 |  | 1716575 | 12816 | SH |  | SOLE | --- | 11637 | 0 | 1179 |
| AMAZON COM INC | COM | 023135106 |  | 5157699 | 23490 | SH |  | SOLE | --- | 20899 | 0 | 2591 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 1257237 | 3641 | SH |  | SOLE | --- | 3311 | 0 | 330 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 4701002 | 19302 | SH |  | SOLE | --- | 17731 | 0 | 1571 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 |  | 1279441 | 13105 | SH |  | SOLE | --- | 11389 | 0 | 1716 |
| AMERIPRISE FINL INC | COM | 03076C106 |  | 1192264 | 2427 | SH |  | SOLE | --- | 2209 | 0 | 218 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 1905661 | 7839 | SH |  | SOLE | --- | 6487 | 0 | 1352 |
| QUANTA SVCS INC | COM | 74762E102 |  | 1336919 | 3226 | SH |  | SOLE | --- | 2791 | 0 | 435 |
| SALESFORCE INC | COM | 79466L302 |  | 1018152 | 4296 | SH |  | SOLE | --- | 3724 | 0 | 572 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 |  | 607434 | 1551 | SH |  | SOLE | --- | 1340 | 0 | 211 |
| APPLE INC | COM | 037833100 |  | 7448061 | 28775 | SH |  | SOLE | --- | 25014 | 0 | 3761 |
| BROADCOM INC | COM | 11135F101 |  | 3741839 | 11342 | SH |  | SOLE | --- | 10051 | 0 | 1291 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 695047 | 7348 | SH |  | SOLE | --- | 6388 | 0 | 960 |
| WALMART INC | COM | 931142103 |  | 2302670 | 22343 | SH |  | SOLE | --- | 20106 | 0 | 2237 |
| MERCK  CO INC | COM | 58933Y105 |  | 1429748 | 17035 | SH |  | SOLE | --- | 15519 | 0 | 1516 |
| GALLAGHER ARTHUR J  CO | COM | 363576109 |  | 881210 | 2845 | SH |  | SOLE | --- | 2449 | 0 | 396 |
| ELECTRONIC ARTS INC | COM | 285512109 |  | 1495606 | 7415 | SH |  | SOLE | --- | 6714 | 0 | 701 |
| SYSCO CORP | COM | 871829107 |  | 627595 | 7622 | SH |  | SOLE | --- | 6573 | 0 | 1049 |
| CHIPOTLE MEXICAN GRILL INC | COM | 169656105 |  | 755152 | 19269 | SH |  | SOLE | --- | 16872 | 0 | 2397 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 4322968 | 13705 | SH |  | SOLE | --- | 12512 | 0 | 1193 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 1441605 | 267 | SH |  | SOLE | --- | 231 | 0 | 36 |
| TESLA INC | COM | 88160R101 |  | 893442 | 2009 | SH |  | SOLE | --- | 1740 | 0 | 269 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 702054 | 12371 | SH |  | SOLE | --- | 10723 | 0 | 1648 |
| STARBUCKS CORP | COM | 855244109 |  | 1533832 | 8540 | SH |  | SOLE | --- | 7373 | 0 | 1167 |
| EMERSON ELEC CO | COM | 291011104 |  | 1533757 | 11692 | SH |  | SOLE | --- | 10520 | 0 | 1172 |
| QUALCOMM INC | COM | 747525103 |  | 1249696 | 7512 | SH |  | SOLE | --- | 6735 | 0 | 777 |
| META PLATFORMS INC | CL A | 30303M102 |  | 3740932 | 5094 | SH |  | SOLE | --- | 4527 | 0 | 567 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 8572791 | 45947 | SH |  | SOLE | --- | 39898 | 0 | 6049 |
| ONEOK INC NEW | COM | 682680103 |  | 978163 | 13405 | SH |  | SOLE | --- | 12229 | 0 | 1176 |
| ALBEMARLE CORP | COM | 012653101 |  | 527669 | 6508 | SH |  | SOLE | --- | 5670 | 0 | 838 |
| LABCORP HOLDINGS INC | COM SHS | 504922105 |  | 1326504 | 4621 | SH |  | SOLE | --- | 4178 | 0 | 443 |
| AXON ENTERPRISE INC | COM | 05464C101 |  | 1093683 | 1524 | SH |  | SOLE | --- | 1313 | 0 | 211 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 2397027 | 4693 | SH |  | SOLE | --- | 4407 | 0 | 286 |
| ELI LILLY  CO | COM | 532457108 |  | 669151 | 877 | SH |  | SOLE | --- | 759 | 0 | 118 |
| CORNING INC | COM | 219350105 |  | 1709669 | 20842 | SH |  | SOLE | --- | 18893 | 0 | 1949 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 1354131 | 10113 | SH |  | SOLE | --- | 10113 | 0 | 0 |
| BLACKROCK INC | COM | 09290D101 |  | 1974984 | 1694 | SH |  | SOLE | --- | 1537 | 0 | 157 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 444363 | 558 | SH |  | SOLE | --- | 491 | 0 | 67 |
| ISHARES TR | CORE S ETF | 464287200 |  | 3173821 | 4742 | SH |  | SOLE | --- | 4116 | 0 | 626 |
| ORACLE CORP | COM | 68389X105 |  | 2162736 | 7690 | SH |  | SOLE | --- | 6656 | 0 | 1034 |
| EVERGY INC | COM | 30034W106 |  | 793041 | 10432 | SH |  | SOLE | --- | 8979 | 0 | 1453 |
| JACOBS SOLUTIONS INC | COM | 46982L108 |  | 1021146 | 6814 | SH |  | SOLE | --- | 6149 | 0 | 665 |
| VANGUARD SCOTTSDALE FDS | MTG-BKD SECS ETF | 92206C771 |  | 3117393 | 66384 | SH |  | SOLE | --- | 62034 | 0 | 4350 |
| RTX CORPORATION | COM | 75513E101 |  | 610085 | 3646 | SH |  | SOLE | --- | 3646 | 0 | 0 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 421053 | 2473 | SH |  | SOLE | --- | 2473 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 619141 | 3987 | SH |  | SOLE | --- | 3987 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 673595 | 9845 | SH |  | SOLE | --- | 9845 | 0 | 0 |
| FIDELITY NATIONAL FINANCIAL | COM SHS | 31620R303 |  | 315697 | 5219 | SH |  | SOLE | --- | 5219 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 562518 | 7353 | SH |  | SOLE | --- | 7353 | 0 | 0 |
| EASTMAN CHEM CO | COM | 277432100 |  | 328554 | 5211 | SH |  | SOLE | --- | 5211 | 0 | 0 |
| --- | COM | 036752103 |  | 232323 | 719 | SH |  | SOLE | --- | 719 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 821313 | 15920 | SH |  | SOLE | --- | 15920 | 0 | 0 |
| F N B CORP | COM | 302520101 |  | 366325 | 22739 | SH |  | SOLE | --- | 22739 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 631041 | 4107 | SH |  | SOLE | --- | 4107 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 334197 | 3509 | SH |  | SOLE | --- | 3509 | 0 | 0 |
| DOVER CORP | COM | 260003108 |  | 339833 | 2037 | SH |  | SOLE | --- | 2037 | 0 | 0 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 |  | 404438 | 3595 | SH |  | SOLE | --- | 3595 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 699059 | 8340 | SH |  | SOLE | --- | 8340 | 0 | 0 |
| THE CIGNA GROUP | COM | 125523100 |  | 412198 | 1430 | SH |  | SOLE | --- | 1430 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 322059 | 7141 | SH |  | SOLE | --- | 7141 | 0 | 0 |
| SS TECHNOLOGIES HLDGS INC | COM | 78467J100 |  | 385307 | 4341 | SH |  | SOLE | --- | 4341 | 0 | 0 |
| ENCOMPASS HEALTH CORP | COM | 29261A100 |  | 357180 | 2812 | SH |  | SOLE | --- | 2812 | 0 | 0 |
| CRANE NXT CO | COM | 224441105 |  | 341923 | 5098 | SH |  | SOLE | --- | 5098 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 477949 | 982 | SH |  | SOLE | --- | 982 | 0 | 0 |
| BORGWARNER INC | COM | 099724106 |  | 356779 | 8116 | SH |  | SOLE | --- | 8116 | 0 | 0 |
| CLEARWAY ENERGY INC | CL C | 18539C204 |  | 253120 | 8960 | SH |  | SOLE | --- | 8960 | 0 | 0 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 456258 | 1338 | SH |  | SOLE | --- | 1338 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 763277 | 910 | SH |  | SOLE | --- | 910 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 467383 | 1538 | SH |  | SOLE | --- | 1538 | 0 | 0 |
| DIGITAL RLTY TR INC | COM | 253868103 |  | 636198 | 3680 | SH |  | SOLE | --- | 3680 | 0 | 0 |
| NISOURCE INC | COM | 65473P105 |  | 336138 | 7763 | SH |  | SOLE | --- | 7763 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 |  | 515977 | 6120 | SH |  | SOLE | --- | 6120 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 728651 | 4056 | SH |  | SOLE | --- | 4056 | 0 | 0 |
| CARRIER GLOBAL CORPORATION | COM | 14448C104 |  | 318141 | 5329 | SH |  | SOLE | --- | 5329 | 0 | 0 |
| OVINTIV INC | COM | 69047Q102 |  | 260088 | 6441 | SH |  | SOLE | --- | 6441 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 369533 | 912 | SH |  | SOLE | --- | 912 | 0 | 0 |
| TARGET CORP | COM | 87612E106 |  | 304621 | 3396 | SH |  | SOLE | --- | 3396 | 0 | 0 |
| REGIONS FINANCIAL CORP NEW | COM | 7591EP100 |  | 389907 | 14786 | SH |  | SOLE | --- | 14786 | 0 | 0 |
| VICI PPTYS INC | COM | 925652109 |  | 461823 | 14162 | SH |  | SOLE | --- | 14162 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 390144 | 8877 | SH |  | SOLE | --- | 8877 | 0 | 0 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 402023 | 4782 | SH |  | SOLE | --- | 4782 | 0 | 0 |
| GOLDMAN SACHS ETF TR | ACTIVEBETA INT | 381430107 |  | 298582 | 7263 | SH |  | SOLE | --- | 7263 | 0 | 0 |
| SPDR SERIES TRUST | S BIOTECH | 78464A870 |  | 779857 | 7783 | SH |  | SOLE | --- | 7783 | 0 | 0 |
| REDWOOD TRUST INC | COM | 758075402 |  | 98314 | 16980 | SH |  | SOLE | --- | 16980 | 0 | 0 |
| SPDR SERIES TRUST | S REGL BKG | 78464A698 |  | 962033 | 15198 | SH |  | SOLE | --- | 15198 | 0 | 0 |
| PAYONEER GLOBAL INC | COM | 70451X104 |  | 91912 | 15192 | SH |  | SOLE | --- | 15192 | 0 | 0 |
| PRIMORIS SVCS CORP | COM | 74164F103 |  | 207918 | 1514 | SH |  | SOLE | --- | 1514 | 0 | 0 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 270787 | 1408 | SH |  | SOLE | --- | 1408 | 0 | 0 |
| WELLTOWER INC | COM | 95040Q104 |  | 333122 | 1870 | SH |  | SOLE | --- | 1870 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 324138 | 0 | SH |  | SOLE | --- | 0 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 220256 | 0 | SH |  | SOLE | --- | 0 | 0 | 0 |
| VANGUARD BD INDEX FDS | INTERMED TERM | 921937819 |  | 232552 | 2978 | SH |  | SOLE | --- | 0 | 0 | 2978 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 230375 | 2298 | SH |  | SOLE | --- | 0 | 0 | 2298 |
| ISHARES TR | TIPS BD ETF | 464287176 |  | 466790 | 4197 | SH |  | SOLE | --- | 4197 | 0 | 0 |
| VANGUARD BD INDEX FDS | LONG TERM BOND | 921937793 |  | 826465 | 11665 | SH |  | SOLE | --- | 11665 | 0 | 0 |
| SCHWAB STRATEGIC TR | US TIPS ETF | 808524870 |  | 448475 | 16641 | SH |  | SOLE | --- | 16641 | 0 | 0 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 486593 | 3634 | SH |  | SOLE | --- | 3634 | 0 | 0 |
| ISHARES TR | PFD AND INCM SEC | 464288687 |  | 512876 | 16220 | SH |  | SOLE | --- | 16220 | 0 | 0 |
| SPDR SERIES TRUST | PORTFOLIO INTRMD | 78464A375 |  | 740327 | 21845 | SH |  | SOLE | --- | 21845 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | VNG RUS1000VAL | 92206C714 |  | 386972 | 4330 | SH |  | SOLE | --- | 4330 | 0 | 0 |

---