# EDGAR Filing Document

**Accession Number:** 0001803084
**File Stem:** 0001803084-26-000001
**Filing Date:** 2026-2
**Character Count:** 21586
**Document Hash:** f1eff027751f7fb535aaf8765a23b4f5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001803084-26-000001.hdr.sgml**: 20260218

**ACCESSION NUMBER**: 0001803084-26-000001

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260218

**DATE AS OF CHANGE**: 20260217

**EFFECTIVENESS DATE**: 20260218

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Adams Wealth Management
- **CENTRAL INDEX KEY:** 0001803084

**ORGANIZATION NAME:**
- **EIN:** 822288339
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-19910
- **FILM NUMBER:** 26644382

**BUSINESS ADDRESS:**
- **STREET 1:** 701 SOUTH MAIN ST, SUITE 400
- **CITY:** LOGAN
- **STATE:** UT
- **ZIP:** 84321
- **BUSINESS PHONE:** 435-752-1702

**MAIL ADDRESS:**
- **STREET 1:** 701 SOUTH MAIN ST, SUITE 400
- **CITY:** LOGAN
- **STATE:** UT
- **ZIP:** 84321

### 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:** Adams Wealth Management<br>**Address:** 701 SOUTH MAIN ST SUITE 400<br>LOGAN, UT 84321

**Form 13F File Number:** 028-19910

**CRD Number (if applicable):** 000286087

**SEC File Number (if applicable):** 801-110862

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:** Connor Murphy<br>**Title:** CCO<br>**Phone:** 435-752-1702

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

Connor Murphy  Logan, UT  02-17-2026<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:** 180

**Form 13F Information Table Value Total:** $468685384

      (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 |  | 632917 | 2770 | SH |  | SOLE | 0 | 0 | 0 | 2770 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 3261341 | 15224 | SH |  | SOLE | 0 | 0 | 0 | 15224 |
| ALBEMARLE CORP | COM | 012653101 |  | 261361 | 1842 | SH |  | SOLE | 0 | 0 | 0 | 1842 |
| ALLSTATE CORP | COM | 020002101 |  | 345529 | 1660 | SH |  | SOLE | 0 | 0 | 0 | 1660 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 672645 | 2144 | SH |  | SOLE | 0 | 0 | 0 | 2144 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 3601498 | 11506 | SH |  | SOLE | 0 | 0 | 0 | 11506 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 248745 | 4314 | SH |  | SOLE | 0 | 0 | 0 | 4314 |
| AMAZON COM INC | COM | 023135106 |  | 3271887 | 14174 | SH |  | SOLE | 0 | 0 | 0 | 14174 |
| AMERICAN EAGLE OUTFITTERS IN | COM | 02553E106 |  | 236659 | 8907 | SH |  | SOLE | 0 | 0 | 0 | 8907 |
| ANGEL STUDIOS INC | CL A COM | 034948109 |  | 110511 | 23664 | SH |  | SOLE | 0 | 0 | 0 | 23664 |
| APPLE INC | COM | 037833100 |  | 2589619 | 9526 | SH |  | SOLE | 0 | 0 | 0 | 9526 |
| APPLIED THERAPEUTICS INC | COM | 03828A101 |  | 3864 | 38637 | SH |  | SOLE | 0 | 0 | 0 | 38637 |
| ARGAN INC | COM | 04010E109 |  | 304474 | 966 | SH |  | SOLE | 0 | 0 | 0 | 966 |
| ARK ETF TR | INNOVATION ETF | 00214Q104 |  | 340986 | 4433 | SH |  | SOLE | 0 | 0 | 0 | 4433 |
| ARM HOLDINGS PLC | SPONSORED ADS | 042068205 |  | 2449091 | 22405 | SH |  | SOLE | 0 | 0 | 0 | 22405 |
| AT INC | COM | 00206R102 |  | 397520 | 16002 | SH |  | SOLE | 0 | 0 | 0 | 16002 |
| ATKORE INC | COM | 047649108 |  | 2575919 | 40726 | SH |  | SOLE | 0 | 0 | 0 | 40726 |
| AXSOME THERAPEUTICS INC | COM | 05464T104 |  | 389140 | 2169 | SH |  | SOLE | 0 | 0 | 0 | 2169 |
| BANCO SANTANDER SA | ADR | 05964H105 |  | 2864736 | 244223 | SH |  | SOLE | 0 | 0 | 0 | 244223 |
| BEST BUY INC | COM | 086516101 |  | 226424 | 3383 | SH |  | SOLE | 0 | 0 | 0 | 3383 |
| BLACKROCK ETF TRUST II | ISHARES AAA CLO | 092528504 |  | 10004941 | 193352 | SH |  | SOLE | 0 | 0 | 0 | 193352 |
| BLOOM ENERGY CORP | COM CL A | 093712107 |  | 304115 | 3500 | SH |  | SOLE | 0 | 0 | 0 | 3500 |
| BONDBLOXX ETF TRUST | USD HIGH YIELD B | 09789C770 |  | 1337245 | 88267 | SH |  | SOLE | 0 | 0 | 0 | 88267 |
| BONDBLOXX ETF TRUST | CCC RT USD HI YL | 09789C887 |  | 7760250 | 204083 | SH |  | SOLE | 0 | 0 | 0 | 204083 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 567880 | 10528 | SH |  | SOLE | 0 | 0 | 0 | 10528 |
| BROADCOM INC | COM | 11135F101 |  | 392663 | 1134 | SH |  | SOLE | 0 | 0 | 0 | 1134 |
| CARVANA CO | CL A | 146869102 |  | 276423 | 655 | SH |  | SOLE | 0 | 0 | 0 | 655 |
| CATERPILLAR INC | COM | 149123101 |  | 496105 | 866 | SH |  | SOLE | 0 | 0 | 0 | 866 |
| CBOE GLOBAL MKTS INC | COM | 12503M108 |  | 215871 | 854 | SH |  | SOLE | 0 | 0 | 0 | 854 |
| CHEVRON CORP NEW | COM | 166764100 |  | 247819 | 1626 | SH |  | SOLE | 0 | 0 | 0 | 1626 |
| CISCO SYS INC | COM | 17275R102 |  | 462411 | 6003 | SH |  | SOLE | 0 | 0 | 0 | 6003 |
| CLOUDFLARE INC | CL A COM | 18915M107 |  | 208623 | 1044 | SH |  | SOLE | 0 | 0 | 0 | 1044 |
| CLOVER HEALTH INVESTMENTS CO | COM CL A | 18914F103 |  | 58473 | 24882 | SH |  | SOLE | 0 | 0 | 0 | 24882 |
| CME GROUP INC | COM | 12572Q105 |  | 520217 | 1905 | SH |  | SOLE | 0 | 0 | 0 | 1905 |
| CNX RES CORP | COM | 12653C108 |  | 231643 | 6264 | SH |  | SOLE | 0 | 0 | 0 | 6264 |
| COCA COLA CO | COM | 191216100 |  | 431624 | 6174 | SH |  | SOLE | 0 | 0 | 0 | 6174 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 2792323 | 29829 | SH |  | SOLE | 0 | 0 | 0 | 29829 |
| DATADOG INC | CL A COM | 23804L103 |  | 2515135 | 18495 | SH |  | SOLE | 0 | 0 | 0 | 18495 |
| DBX ETF TR | XTRACK USD HIGH | 233051432 |  | 869998 | 23622 | SH |  | SOLE | 0 | 0 | 0 | 23622 |
| DEVON ENERGY CORP NEW | COM | 25179M103 |  | 2727506 | 74461 | SH |  | SOLE | 0 | 0 | 0 | 74461 |
| DIREXION SHS ETF TR | DAILY TSLA 2X SH | 25460G286 |  | 668850 | 35000 | SH |  | SOLE | 0 | 0 | 0 | 35000 |
| DOMINION ENERGY INC | COM | 25746U109 |  | 502011 | 8568 | SH |  | SOLE | 0 | 0 | 0 | 8568 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 348934 | 2977 | SH |  | SOLE | 0 | 0 | 0 | 2977 |
| ELEVANCE HEALTH INC FORMERLY | COM | 036752103 |  | 351096 | 1001 | SH |  | SOLE | 0 | 0 | 0 | 1001 |
| ELI LILLY  CO | COM | 532457108 |  | 354031 | 329 | SH |  | SOLE | 0 | 0 | 0 | 329 |
| EMERSON ELEC CO | COM | 291011104 |  | 582641 | 4390 | SH |  | SOLE | 0 | 0 | 0 | 4390 |
| ENBRIDGE INC | COM | 29250N105 |  | 403685 | 8440 | SH |  | SOLE | 0 | 0 | 0 | 8440 |
| EVGO INC | CL A COM | 30052F100 |  | 49938 | 17220 | SH |  | SOLE | 0 | 0 | 0 | 17220 |
| EXTRA SPACE STORAGE INC | COM | 30225T102 |  | 214912 | 1650 | SH |  | SOLE | 0 | 0 | 0 | 1650 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 266215 | 2212 | SH |  | SOLE | 0 | 0 | 0 | 2212 |
| FASTENAL CO | COM | 311900104 |  | 345835 | 8590 | SH |  | SOLE | 0 | 0 | 0 | 8590 |
| FIDELITY COVINGTON TRUST | CONSMR STAPLES | 316092303 |  | 5440599 | 110604 | SH |  | SOLE | 0 | 0 | 0 | 110604 |
| FIDELITY COVINGTON TRUST | MSCI INFO TECH I | 316092808 |  | 7742802 | 34463 | SH |  | SOLE | 0 | 0 | 0 | 34463 |
| FIRST TR EXCHANGE TRADED FD | NASDQ SEMCNDTR | 33738R811 |  | 1580470 | 12201 | SH |  | SOLE | 0 | 0 | 0 | 12201 |
| FIRST TR EXCHANGE TRADED FD | NASDQ CLN EDGE | 33737A108 |  | 14578674 | 95273 | SH |  | SOLE | 0 | 0 | 0 | 95273 |
| FIRST TR EXCHANGE-TRADED FD | SENIOR LN FD | 33738D309 |  | 5825857 | 126980 | SH |  | SOLE | 0 | 0 | 0 | 126980 |
| FORTINET INC | COM | 34959E109 |  | 422144 | 5316 | SH |  | SOLE | 0 | 0 | 0 | 5316 |
| GE VERNOVA INC | COM | 36828A101 |  | 368431 | 559 | SH |  | SOLE | 0 | 0 | 0 | 559 |
| GENERAL MTRS CO | COM | 37045V100 |  | 3124152 | 38418 | SH |  | SOLE | 0 | 0 | 0 | 38418 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 610263 | 4972 | SH |  | SOLE | 0 | 0 | 0 | 4972 |
| GRANITE CONSTR INC | COM | 387328107 |  | 249953 | 2157 | SH |  | SOLE | 0 | 0 | 0 | 2157 |
| GULFPORT ENERGY CORP | COMMON SHARES | 402635502 |  | 265910 | 1281 | SH |  | SOLE | 0 | 0 | 0 | 1281 |
| HASBRO INC | COM | 418056107 |  | 499657 | 6072 | SH |  | SOLE | 0 | 0 | 0 | 6072 |
| HEALTHPEAK PROPERTIES INC | COM | 42250P103 |  | 189583 | 11790 | SH |  | SOLE | 0 | 0 | 0 | 11790 |
| HIMS  HERS HEALTH INC | COM CL A | 433000106 |  | 270129 | 8304 | SH |  | SOLE | 0 | 0 | 0 | 8304 |
| HOST HOTELS  RESORTS INC | COM | 44107P104 |  | 261925 | 14773 | SH |  | SOLE | 0 | 0 | 0 | 14773 |
| HP INC | COM | 40434L105 |  | 230509 | 10346 | SH |  | SOLE | 0 | 0 | 0 | 10346 |
| INSTALLED BLDG PRODS INC | COM | 45780R101 |  | 2721483 | 10492 | SH |  | SOLE | 0 | 0 | 0 | 10492 |
| INTERDIGITAL INC | COM | 45867G101 |  | 201547 | 627 | SH |  | SOLE | 0 | 0 | 0 | 627 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 494671 | 1670 | SH |  | SOLE | 0 | 0 | 0 | 1670 |
| INVESCO EXCH TRADED FD TR II | SR LN ETF | 46138G508 |  | 574581 | 27361 | SH |  | SOLE | 0 | 0 | 0 | 27361 |
| INVESCO LTD | SHS | G491BT108 |  | 295354 | 11243 | SH |  | SOLE | 0 | 0 | 0 | 11243 |
| IOVANCE BIOTHERAPEUTICS INC | COM | 462260100 |  | 52874 | 19227 | SH |  | SOLE | 0 | 0 | 0 | 19227 |
| ISHARES INC | MSCI SPAIN ETF | 464286764 |  | 7955283 | 147566 | SH |  | SOLE | 0 | 0 | 0 | 147566 |
| ISHARES INC | MSCI ITALY ETF | 46434G830 |  | 7971079 | 146716 | SH |  | SOLE | 0 | 0 | 0 | 146716 |
| ISHARES INC | MSCI STH KOR ETF | 464286772 |  | 15891387 | 163458 | SH |  | SOLE | 0 | 0 | 0 | 163458 |
| ISHARES TR | ISHS 5-10YR INVT | 464288638 |  | 475976 | 8834 | SH |  | SOLE | 0 | 0 | 0 | 8834 |
| ISHARES TR | CORE 40/60 MODER | 464289875 |  | 237123 | 4968 | SH |  | SOLE | 0 | 0 | 0 | 4968 |
| ISHARES TR | CORE S ETF | 464287200 |  | 28255733 | 41253 | SH |  | SOLE | 0 | 0 | 0 | 41253 |
| ISHARES TR | ISHARES SEMICDTR | 464287523 |  | 5652975 | 18768 | SH |  | SOLE | 0 | 0 | 0 | 18768 |
| ISHARES TR | CONV BD ETF | 46435G102 |  | 13001778 | 131998 | SH |  | SOLE | 0 | 0 | 0 | 131998 |
| ISHARES TR | MBS ETF | 464288588 |  | 334508 | 3513 | SH |  | SOLE | 0 | 0 | 0 | 3513 |
| ISHARES TR | 0-5 YR TIPS ETF | 46429B747 |  | 356215 | 3479 | SH |  | SOLE | 0 | 0 | 0 | 3479 |
| ISHARES TR | U.S. UTILITS ETF | 464287697 |  | 382077 | 3526 | SH |  | SOLE | 0 | 0 | 0 | 3526 |
| ISHARES TR | BROAD USD HIGH | 46435U853 |  | 322532 | 8625 | SH |  | SOLE | 0 | 0 | 0 | 8625 |
| ISHARES TR | MSCI ACWI EX US | 464288240 |  | 6260141 | 93254 | SH |  | SOLE | 0 | 0 | 0 | 93254 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 |  | 289314 | 3234 | SH |  | SOLE | 0 | 0 | 0 | 3234 |
| ISHARES TR | U.S. TECH ETF | 464287721 |  | 2864210 | 14344 | SH |  | SOLE | 0 | 0 | 0 | 14344 |
| ISHARES TR | TRS FLT RT BD | 46434V860 |  | 530536 | 10514 | SH |  | SOLE | 0 | 0 | 0 | 10514 |
| ISHARES TR | CORE MSCI TOTAL | 46432F834 |  | 810597 | 9577 | SH |  | SOLE | 0 | 0 | 0 | 9577 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 |  | 888784 | 11023 | SH |  | SOLE | 0 | 0 | 0 | 11023 |
| ISHARES TR | CORE S TTL STK | 464287150 |  | 966782 | 6502 | SH |  | SOLE | 0 | 0 | 0 | 6502 |
| ISHARES TR | US CONSM STAPLES | 464287812 |  | 1089391 | 16279 | SH |  | SOLE | 0 | 0 | 0 | 16279 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 686709 | 5714 | SH |  | SOLE | 0 | 0 | 0 | 5714 |
| ISHARES TR | US HLTHCARE ETF | 464287762 |  | 1117181 | 17161 | SH |  | SOLE | 0 | 0 | 0 | 17161 |
| ISHARES TR | FLTG RATE NT ETF | 46429B655 |  | 1770386 | 34809 | SH |  | SOLE | 0 | 0 | 0 | 34809 |
| JACKSON FINANCIAL INC | COM CL A | 46817M107 |  | 301192 | 2805 | SH |  | SOLE | 0 | 0 | 0 | 2805 |
| JANUS DETROIT STR TR | B-BBB CLO ETF | 47103U753 |  | 6899855 | 144651 | SH |  | SOLE | 0 | 0 | 0 | 144651 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 286655 | 890 | SH |  | SOLE | 0 | 0 | 0 | 890 |
| KRANESHARES TRUST | QUADRTC INT RT | 500767736 |  | 8037773 | 419508 | SH |  | SOLE | 0 | 0 | 0 | 419508 |
| LIVE NATION ENTERTAINMENT IN | COM | 538034109 |  | 281971 | 1971 | SH |  | SOLE | 0 | 0 | 0 | 1971 |
| MCDONALDS CORP | COM | 580135101 |  | 245421 | 803 | SH |  | SOLE | 0 | 0 | 0 | 803 |
| META PLATFORMS INC | CL A | 30303M102 |  | 1123160 | 1700 | SH |  | SOLE | 0 | 0 | 0 | 1700 |
| MGIC INVT CORP WIS | COM | 552848103 |  | 2807950 | 96097 | SH |  | SOLE | 0 | 0 | 0 | 96097 |
| MICROSOFT CORP | COM | 594918104 |  | 6726117 | 13908 | SH |  | SOLE | 0 | 0 | 0 | 13908 |
| MONOLITHIC PWR SYS INC | COM | 609839105 |  | 419091 | 456 | SH |  | SOLE | 0 | 0 | 0 | 456 |
| MP MATERIALS CORP | COM CL A | 553368101 |  | 224549 | 4422 | SH |  | SOLE | 0 | 0 | 0 | 4422 |
| NETFLIX INC | COM | 64110L106 |  | 204916 | 2185 | SH |  | SOLE | 0 | 0 | 0 | 2185 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 2462167 | 4318 | SH |  | SOLE | 0 | 0 | 0 | 4318 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 7133247 | 38220 | SH |  | SOLE | 0 | 0 | 0 | 38220 |
| OKLO INC | COM CL A | 02156V109 |  | 561228 | 7797 | SH |  | SOLE | 0 | 0 | 0 | 7797 |
| PACKAGING CORP AMER | COM | 695156109 |  | 327287 | 1587 | SH |  | SOLE | 0 | 0 | 0 | 1587 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 658386 | 3704 | SH |  | SOLE | 0 | 0 | 0 | 3704 |
| PATTERSON-UTI ENERGY INC | COM | 703481101 |  | 76608 | 12600 | SH |  | SOLE | 0 | 0 | 0 | 12600 |
| PFIZER INC | COM | 717081103 |  | 230810 | 9269 | SH |  | SOLE | 0 | 0 | 0 | 9269 |
| PGIM ETF TR | ACTV HY BD ETF | 69344A206 |  | 5218292 | 147077 | SH |  | SOLE | 0 | 0 | 0 | 147077 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 527716 | 3290 | SH |  | SOLE | 0 | 0 | 0 | 3290 |
| PIMCO ETF TR | ENHAN SHRT MA AC | 72201R833 |  | 4292244 | 42777 | SH |  | SOLE | 0 | 0 | 0 | 42777 |
| PRINCIPAL FINANCIAL GROUP IN | COM | 74251V102 |  | 276009 | 3129 | SH |  | SOLE | 0 | 0 | 0 | 3129 |
| PROCORE TECHNOLOGIES INC | COM | 74275K108 |  | 250817 | 3426 | SH |  | SOLE | 0 | 0 | 0 | 3426 |
| PROGRESSIVE CORP | COM | 743315103 |  | 2414287 | 10602 | SH |  | SOLE | 0 | 0 | 0 | 10602 |
| QUALCOMM INC | COM | 747525103 |  | 436178 | 2550 | SH |  | SOLE | 0 | 0 | 0 | 2550 |
| QUANTUMSCAPE CORP | COM CL A | 74767V109 |  | 329112 | 31344 | SH |  | SOLE | 0 | 0 | 0 | 31344 |
| RAMBUS INC DEL | COM | 750917106 |  | 281177 | 3018 | SH |  | SOLE | 0 | 0 | 0 | 3018 |
| ROBINHOOD MKTS INC | COM CL A | 770700102 |  | 301705 | 2622 | SH |  | SOLE | 0 | 0 | 0 | 2622 |
| ROKU INC | COM CL A | 77543R102 |  | 368785 | 3375 | SH |  | SOLE | 0 | 0 | 0 | 3375 |
| RUBRIK INC. | CL A | 781154109 |  | 276264 | 3573 | SH |  | SOLE | 0 | 0 | 0 | 3573 |
| SCHWAB STRATEGIC TR | US BRD MKT ETF | 808524102 |  | 2106943 | 80326 | SH |  | SOLE | 0 | 0 | 0 | 80326 |
| SCHWAB STRATEGIC TR | MORTGAGE BACKED | 808524615 |  | 9109490 | 354800 | SH |  | SOLE | 0 | 0 | 0 | 354800 |
| SCHWAB STRATEGIC TR | INT-TRM U.S TRES | 808524854 |  | 2569571 | 102455 | SH |  | SOLE | 0 | 0 | 0 | 102455 |
| SCHWAB STRATEGIC TR | US LRG CAP ETF | 808524201 |  | 56921745 | 2115264 | SH |  | SOLE | 0 | 0 | 0 | 2115264 |
| SCHWAB STRATEGIC TR | US SML CAP ETF | 808524607 |  | 361838 | 12705 | SH |  | SOLE | 0 | 0 | 0 | 12705 |
| SEAGATE TECHNOLOGY HLDNGS PL | ORD SHS | G7997R103 |  | 1400915 | 5078 | SH |  | SOLE | 0 | 0 | 0 | 5078 |
| SELECT SECTOR SPDR TR | STATE STREET TEC | 81369Y803 |  | 8523641 | 59204 | SH |  | SOLE | 0 | 0 | 0 | 59204 |
| SELECT SECTOR SPDR TR | STATE STREET HEA | 81369Y209 |  | 3926535 | 25365 | SH |  | SOLE | 0 | 0 | 0 | 25365 |
| SELECT SECTOR SPDR TR | STATE STREET CON | 81369Y308 |  | 2447697 | 31510 | SH |  | SOLE | 0 | 0 | 0 | 31510 |
| SELECT SECTOR SPDR TR | STATE STREET REA | 81369Y860 |  | 4989889 | 123665 | SH |  | SOLE | 0 | 0 | 0 | 123665 |
| SELECT SECTOR SPDR TR | STATE STREET UTI | 81369Y886 |  | 2907033 | 68096 | SH |  | SOLE | 0 | 0 | 0 | 68096 |
| SIMON PPTY GROUP INC NEW | COM | 828806109 |  | 530525 | 2866 | SH |  | SOLE | 0 | 0 | 0 | 2866 |
| SM ENERGY CO | COM | 78454L100 |  | 2534403 | 135534 | SH |  | SOLE | 0 | 0 | 0 | 135534 |
| SOFI TECHNOLOGIES INC | COM | 83406F102 |  | 457513 | 17333 | SH |  | SOLE | 0 | 0 | 0 | 17333 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A805 |  | 384945 | 4666 | SH |  | SOLE | 0 | 0 | 0 | 4666 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A607 |  | 3597772 | 36626 | SH |  | SOLE | 0 | 0 | 0 | 36626 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A854 |  | 8524904 | 106269 | SH |  | SOLE | 0 | 0 | 0 | 106269 |
| SPDR SERIES TRUST | STATE STREET SPD | 78468R622 |  | 452804 | 4658 | SH |  | SOLE | 0 | 0 | 0 | 4658 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A383 |  | 1624281 | 72464 | SH |  | SOLE | 0 | 0 | 0 | 72464 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A862 |  | 7508774 | 23348 | SH |  | SOLE | 0 | 0 | 0 | 23348 |
| SPDR SERIES TRUST | STATE STREET SPD | 78468R663 |  | 2805183 | 30698 | SH |  | SOLE | 0 | 0 | 0 | 30698 |
| SPDR SERIES TRUST | STATE STREET SPD | 78468R853 |  | 287346 | 6132 | SH |  | SOLE | 0 | 0 | 0 | 6132 |
| SPINNAKER ETF SERIES | SELECT STOXX EUR | 84858T772 |  | 15107270 | 358587 | SH |  | SOLE | 0 | 0 | 0 | 358587 |
| SSGA ACTIVE ETF TR | STATE STREET BLA | 78467V608 |  | 440268 | 10668 | SH |  | SOLE | 0 | 0 | 0 | 10668 |
| SYSCO CORP | COM | 871829107 |  | 2476496 | 33607 | SH |  | SOLE | 0 | 0 | 0 | 33607 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 3170125 | 10432 | SH |  | SOLE | 0 | 0 | 0 | 10432 |
| TAKE-TWO INTERACTIVE SOFTWAR | COM | 874054109 |  | 405621 | 1581 | SH |  | SOLE | 0 | 0 | 0 | 1581 |
| TAPESTRY INC | COM | 876030107 |  | 302943 | 2371 | SH |  | SOLE | 0 | 0 | 0 | 2371 |
| TARGA RES CORP | COM | 87612G101 |  | 213694 | 1161 | SH |  | SOLE | 0 | 0 | 0 | 1161 |
| TESLA INC | COM | 88160R101 |  | 4756616 | 10571 | SH |  | SOLE | 0 | 0 | 0 | 10571 |
| TEXAS ROADHOUSE INC | COM | 882681109 |  | 226405 | 1362 | SH |  | SOLE | 0 | 0 | 0 | 1362 |
| TG THERAPEUTICS INC | COM | 88322Q108 |  | 213613 | 7107 | SH |  | SOLE | 0 | 0 | 0 | 7107 |
| TIDAL TRUST II | YIELDMAX NVDA | 88634T774 |  | 195847 | 13405 | SH |  | SOLE | 0 | 0 | 0 | 13405 |
| TPG INC | COM CL A | 872657101 |  | 278138 | 4329 | SH |  | SOLE | 0 | 0 | 0 | 4329 |
| TRUIST FINL CORP | COM | 89832Q109 |  | 550463 | 11186 | SH |  | SOLE | 0 | 0 | 0 | 11186 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 365990 | 3686 | SH |  | SOLE | 0 | 0 | 0 | 3686 |
| URANIUM ENERGY CORP | COM | 916896103 |  | 193833 | 16371 | SH |  | SOLE | 0 | 0 | 0 | 16371 |
| VANECK ETF TRUST | CLO ETF | 92189H748 |  | 2833996 | 53664 | SH |  | SOLE | 0 | 0 | 0 | 53664 |
| VANECK ETF TRUST | VANECK VIETNAM | 92189F817 |  | 14110960 | 739568 | SH |  | SOLE | 0 | 0 | 0 | 739568 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 10146336 | 16179 | SH |  | SOLE | 0 | 0 | 0 | 16179 |
| VANGUARD INDEX FDS | LARGE CAP ETF | 922908637 |  | 4201831 | 13348 | SH |  | SOLE | 0 | 0 | 0 | 13348 |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 |  | 6413179 | 87183 | SH |  | SOLE | 0 | 0 | 0 | 87183 |
| VANGUARD MALVERN FDS | STRM INFPROIDX | 922020805 |  | 642881 | 12998 | SH |  | SOLE | 0 | 0 | 0 | 12998 |
| VANGUARD SCOTTSDALE FDS | INTER TERM TREAS | 92206C706 |  | 8413573 | 140390 | SH |  | SOLE | 0 | 0 | 0 | 140390 |
| VANGUARD SCOTTSDALE FDS | MTG-BKD SECS ETF | 92206C771 |  | 2346656 | 49844 | SH |  | SOLE | 0 | 0 | 0 | 49844 |
| VANGUARD WORLD FD | CONSUM STP ETF | 92204A207 |  | 673856 | 3190 | SH |  | SOLE | 0 | 0 | 0 | 3190 |
| VANGUARD WORLD FD | HEALTH CAR ETF | 92204A504 |  | 2438665 | 8472 | SH |  | SOLE | 0 | 0 | 0 | 8472 |
| VANGUARD WORLD FD | UTILITIES ETF | 92204A876 |  | 2672718 | 14444 | SH |  | SOLE | 0 | 0 | 0 | 14444 |
| VERISIGN INC | COM | 92343E102 |  | 342849 | 1410 | SH |  | SOLE | 0 | 0 | 0 | 1410 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 339037 | 8324 | SH |  | SOLE | 0 | 0 | 0 | 8324 |
| VISA INC | COM CL A | 92826C839 |  | 207270 | 591 | SH |  | SOLE | 0 | 0 | 0 | 591 |
| VISTRA CORP | COM | 92840M102 |  | 292831 | 1811 | SH |  | SOLE | 0 | 0 | 0 | 1811 |
| WALMART INC | COM | 931142103 |  | 350164 | 3143 | SH |  | SOLE | 0 | 0 | 0 | 3143 |

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