# EDGAR Filing Document

**Accession Number:** 0001751412
**File Stem:** 0001951757-23-000104
**Filing Date:** 2023-2
**Character Count:** 36651
**Document Hash:** 4cdc241f00abcd35ccffa6991cf927bb
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001951757-23-000104.hdr.sgml**: 20230203

**ACCESSION NUMBER**: 0001951757-23-000104

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230203

**DATE AS OF CHANGE**: 20230203

**EFFECTIVENESS DATE**: 20230203

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Sepio Capital, LP
- **CENTRAL INDEX KEY:** 0001751412
- **IRS NUMBER:** 921511742
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-19152
- **FILM NUMBER:** 23583953

**BUSINESS ADDRESS:**
- **STREET 1:** 2795 E. COTTONWOOD PARKWAY
- **STREET 2:** SUITE 600
- **CITY:** SALT LAKE CITY
- **STATE:** UT
- **ZIP:** 84121
- **BUSINESS PHONE:** 4159153716

**MAIL ADDRESS:**
- **STREET 1:** 2795 E. COTTONWOOD PARKWAY
- **STREET 2:** SUITE 600
- **CITY:** SALT LAKE CITY
- **STATE:** UT
- **ZIP:** 84121

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Sepio Capital, LLC
- **DATE OF NAME CHANGE:** 20180828

### 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:** Sepio Capital LP<br>**Address:** 2795 E. COTTONWOOD PARKWAY<br>SUITE 600<br>SALT LAKE CITY, UT 84121

**Form 13F File Number:** 028-19152

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:** BRYCE R. WISAN<br>**Title:** Chief Compliance Officer<br>**Phone:** (415) 915-3708

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

BRYCE R. WISAN  SALT LAKE CITY, UT  02-03-2023<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:** 342

**Form 13F Information Table Value Total:** $115739603

      (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 |
| MUSTANG BIO INC | COM | 62818Q104 |  | 4265 | 10800 | SH |  | SOLE |  | 10800 | 0 | 0 |
| CONTEXTLOGIC INC | COM CL A | 21077C107 |  | 8394 | 17211 | SH |  | SOLE |  | 17211 | 0 | 0 |
| BELLEROPHON THERAPEUTICS INC | COM NEW | 078771300 |  | 21420 | 23800 | SH |  | SOLE |  | 23800 | 0 | 0 |
| ASTRA SPACE INC | COM CL A | 04634X103 |  | 24663 | 56853 | SH |  | SOLE |  | 56853 | 0 | 0 |
| FORTRESS BIOTECH INC | COM | 34960Q109 |  | 41593 | 63500 | SH |  | SOLE |  | 63500 | 0 | 0 |
| GENIUS SPORTS LIMITED | SHARES CL A | G3934V109 |  | 53550 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| ENVVENO MEDICAL CORPORATION | COM | 29415J106 |  | 55080 | 10800 | SH |  | SOLE |  | 10800 | 0 | 0 |
| TYRA BIOSCIENCES INC | COM | 90240B106 |  | 80750 | 10625 | SH |  | SOLE |  | 10625 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 95324 | 14848 | SH |  | SOLE |  | 14848 | 0 | 0 |
| PROSHARES TR | BITCOIN STRATE | 74347G440 |  | 104300 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | PFD ETF | 46138E511 |  | 123628 | 11058 | SH |  | SOLE |  | 11058 | 0 | 0 |
| INMUNE BIO INC | COM | 45782T105 |  | 147088 | 23200 | SH |  | SOLE |  | 23200 | 0 | 0 |
| DRAFTKINGS INC NEW | COM CL A | 26142V105 |  | 164039 | 14402 | SH |  | SOLE |  | 14402 | 0 | 0 |
| MARQETA INC | CLASS A COM | 57142B104 |  | 180856 | 29600 | SH |  | SOLE |  | 29600 | 0 | 0 |
| FORD MTR CO DEL | COM | 345370860 |  | 200943 | 17278 | SH |  | SOLE |  | 17278 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 |  | 201210 | 1282 | SH |  | SOLE |  | 1282 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | NASDAQ 100 ETF | 46138G649 |  | 203288 | 1856 | SH |  | SOLE |  | 1856 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 207223 | 789 | SH |  | SOLE |  | 789 | 0 | 0 |
| LILLY ELI | COM | 532457108 |  | 207797 | 568 | SH |  | SOLE |  | 568 | 0 | 0 |
| ISHARES TR | MSCI GBL MULTIFC | 46434V316 |  | 208176 | 6555 | SH |  | SOLE |  | 6555 | 0 | 0 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 210568 | 8730 | SH |  | SOLE |  | 8730 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | EMRNG MKT SVRG | 46138E784 |  | 210977 | 11300 | SH |  | SOLE |  | 11300 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI INT-INDS | 81369Y704 |  | 212919 | 2168 | SH |  | SOLE |  | 2168 | 0 | 0 |
| MARRIOTT INTL INC NEW | CL A | 571903202 |  | 216635 | 1455 | SH |  | SOLE |  | 1455 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 |  | 217106 | 4330 | SH |  | SOLE |  | 4330 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI MATERIALS | 81369Y100 |  | 221077 | 2846 | SH |  | SOLE |  | 2846 | 0 | 0 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 223870 | 6044 | SH |  | SOLE |  | 6044 | 0 | 0 |
| BLACKSTONE INC | COM | 09260D107 |  | 226799 | 3057 | SH |  | SOLE |  | 3057 | 0 | 0 |
| FISERV INC | COM | 337738108 |  | 226801 | 2244 | SH |  | SOLE |  | 2244 | 0 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 228018 | 2656 | SH |  | SOLE |  | 2656 | 0 | 0 |
| NIO INC | SPON ADS | 62914V106 |  | 230295 | 23620 | SH |  | SOLE |  | 23620 | 0 | 0 |
| SHELL PLC | SPON ADS | 780259305 |  | 230477 | 4047 | SH |  | SOLE |  | 4047 | 0 | 0 |
| INVITATION HOMES INC | COM | 46187W107 |  | 231251 | 7802 | SH |  | SOLE |  | 7802 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 231525 | 733 | SH |  | SOLE |  | 733 | 0 | 0 |
| MONGODB INC | CL A | 60937P106 |  | 232862 | 1183 | SH |  | SOLE |  | 1183 | 0 | 0 |
| J P MORGAN EXCHANGE TRADED F | EQUITY PREMIUM | 46641Q332 |  | 234525 | 4304 | SH |  | SOLE |  | 4304 | 0 | 0 |
| THE TRADE DESK INC | COM CL A | 88339J105 |  | 235402 | 5251 | SH |  | SOLE |  | 5251 | 0 | 0 |
| UNILEVER PLC | SPON ADR NEW | 904767704 |  | 236947 | 4706 | SH |  | SOLE |  | 4706 | 0 | 0 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 237649 | 20021 | SH |  | SOLE |  | 20021 | 0 | 0 |
| ISHARES TR | SELECT DIVID ETF | 464287168 |  | 238185 | 1975 | SH |  | SOLE |  | 1975 | 0 | 0 |
| AIR LEASE CORP | CL A | 00912X302 |  | 241815 | 6294 | SH |  | SOLE |  | 6294 | 0 | 0 |
| HAWAIIAN ELEC INDUSTRIES | COM | 419870100 |  | 242169 | 5787 | SH |  | SOLE |  | 5787 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 |  | 248768 | 1017 | SH |  | SOLE |  | 1017 | 0 | 0 |
| AFLAC INC | COM | 001055102 |  | 256106 | 3560 | SH |  | SOLE |  | 3560 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 258468 | 531 | SH |  | SOLE |  | 531 | 0 | 0 |
| SOUTHERN CO | COM | 842587107 |  | 259594 | 3635 | SH |  | SOLE |  | 3635 | 0 | 0 |
| ISHARES TR | RUSEL 2500 ETF | 46435G268 |  | 269156 | 5065 | SH |  | SOLE |  | 5065 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 273700 | 1515 | SH |  | SOLE |  | 1515 | 0 | 0 |
| UNITY SOFTWARE INC | COM | 91332U101 |  | 276179 | 9660 | SH |  | SOLE |  | 9660 | 0 | 0 |
| ZOOM VIDEO COMMUNICATIONS IN | CL A | 98980L101 |  | 276447 | 4081 | SH |  | SOLE |  | 4081 | 0 | 0 |
| JPMORGAN CHASE | COM | 46625H100 |  | 277669 | 2071 | SH |  | SOLE |  | 2071 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 279971 | 3293 | SH |  | SOLE |  | 3293 | 0 | 0 |
| TWILIO INC | CL A | 90138F102 |  | 288081 | 5884 | SH |  | SOLE |  | 5884 | 0 | 0 |
| CADENCE DESIGN SYSTEM INC | COM | 127387108 |  | 288991 | 1799 | SH |  | SOLE |  | 1799 | 0 | 0 |
| KIMBERLY-CLARK CORP | COM | 494368103 |  | 291591 | 2148 | SH |  | SOLE |  | 2148 | 0 | 0 |
| WOODWARD INC | COM | 980745103 |  | 293020 | 3033 | SH |  | SOLE |  | 3033 | 0 | 0 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 294476 | 1104 | SH |  | SOLE |  | 1104 | 0 | 0 |
| PIMCO ETF TR | ENHAN SHRT MA AC | 72201R833 |  | 323079 | 3275 | SH |  | SOLE |  | 3275 | 0 | 0 |
| HEALTH CATALYST INC | COM | 42225T107 |  | 325384 | 30610 | SH |  | SOLE |  | 30610 | 0 | 0 |
| R1 RCM INC | COM | 77634L105 |  | 328500 | 30000 | SH |  | SOLE |  | 30000 | 0 | 0 |
| COPART INC | COM | 217204106 |  | 339888 | 5582 | SH |  | SOLE |  | 5582 | 0 | 0 |
| ROBLOX CORP | CL A | 771049103 |  | 340400 | 11961 | SH |  | SOLE |  | 11961 | 0 | 0 |
| TFF PHARMACEUTICALS INC | COM | 87241J104 |  | 347130 | 330600 | SH |  | SOLE |  | 330600 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 349689 | 2482 | SH |  | SOLE |  | 2482 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 361230 | 5021 | SH |  | SOLE |  | 5021 | 0 | 0 |
| DOLLAR GEN CORP NEW | COM | 256677105 |  | 380456 | 1545 | SH |  | SOLE |  | 1545 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 384273 | 1604 | SH |  | SOLE |  | 1604 | 0 | 0 |
| CSX CORP | COM | 126408103 |  | 394112 | 12721 | SH |  | SOLE |  | 12721 | 0 | 0 |
| HERSHEY CO | COM | 427866108 |  | 412195 | 1780 | SH |  | SOLE |  | 1780 | 0 | 0 |
| VANGUARD WORLD FD | EXTENDED DUR | 921910709 |  | 413415 | 4991 | SH |  | SOLE |  | 4991 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 425429 | 2807 | SH |  | SOLE |  | 2807 | 0 | 0 |
| BLACK KNIGHT INC | COM | 09215C105 |  | 426137 | 6901 | SH |  | SOLE |  | 6901 | 0 | 0 |
| AMERICAN WTR WKS CO INC NEW | COM | 030420103 |  | 426321 | 2797 | SH |  | SOLE |  | 2797 | 0 | 0 |
| CHEWY INC | CL A | 16679L109 |  | 427273 | 11523 | SH |  | SOLE |  | 11523 | 0 | 0 |
| GRAINGER W W INC | COM | 384802104 |  | 432763 | 778 | SH |  | SOLE |  | 778 | 0 | 0 |
| SEMPRA | COM | 816851109 |  | 436421 | 2824 | SH |  | SOLE |  | 2824 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 437316 | 217 | SH |  | SOLE |  | 217 | 0 | 0 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 437521 | 5553 | SH |  | SOLE |  | 5553 | 0 | 0 |
| MANHATTAN ASSOCIATES INC | COM | 562750109 |  | 443666 | 3655 | SH |  | SOLE |  | 3655 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 446659 | 811 | SH |  | SOLE |  | 811 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 462803 | 3264 | SH |  | SOLE |  | 3264 | 0 | 0 |
| VANGUARD ADMIRAL FDS INC | SMLCP 600 VAL | 921932778 |  | 469439 | 2989 | SH |  | SOLE |  | 2989 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 489232 | 3464 | SH |  | SOLE |  | 3464 | 0 | 0 |
| OLD DOMINION FREIGHT LINE IN | COM | 679580100 |  | 492070 | 1734 | SH |  | SOLE |  | 1734 | 0 | 0 |
| HENRY SCHEIN INC | COM | 806407102 |  | 499347 | 6252 | SH |  | SOLE |  | 6252 | 0 | 0 |
| AIRBNB INC | COM CL A | 009066101 |  | 502142 | 5873 | SH |  | SOLE |  | 5873 | 0 | 0 |
| ISHARES TR | U.S. REAL ES ETF | 464287739 |  | 505140 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 513848 | 19442 | SH |  | SOLE |  | 19442 | 0 | 0 |
| TRANSDIGM GROUP INC | COM | 893641100 |  | 516815 | 821 | SH |  | SOLE |  | 821 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 529890 | 21427 | SH |  | SOLE |  | 21427 | 0 | 0 |
| ISHARES TR | MICRO-CAP ETF | 464288869 |  | 531658 | 4931 | SH |  | SOLE |  | 4931 | 0 | 0 |
| HEICO CORP NEW | COM | 422806109 |  | 540248 | 3516 | SH |  | SOLE |  | 3516 | 0 | 0 |
| VANGUARD WORLD FDS | INF TECH ETF | 92204A702 |  | 540761 | 1693 | SH |  | SOLE |  | 1693 | 0 | 0 |
| COSTAR GROUP INC | COM | 22160N109 |  | 541733 | 7010 | SH |  | SOLE |  | 7010 | 0 | 0 |
| AMETEK INC | COM | 031100100 |  | 547538 | 3919 | SH |  | SOLE |  | 3919 | 0 | 0 |
| UMPQUA HLDGS CORP | COM | 904214103 |  | 548763 | 30743 | SH |  | SOLE |  | 30743 | 0 | 0 |
| POOL CORP | COM | 73278L105 |  | 553566 | 1831 | SH |  | SOLE |  | 1831 | 0 | 0 |
| PROSPERITY BANCSHARES INC | COM | 743606105 |  | 557819 | 7675 | SH |  | SOLE |  | 7675 | 0 | 0 |
| GARTNER INC | COM | 366651107 |  | 562026 | 1672 | SH |  | SOLE |  | 1672 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 |  | 570191 | 2148 | SH |  | SOLE |  | 2148 | 0 | 0 |
| HUMANA INC | COM | 444859102 |  | 581848 | 1136 | SH |  | SOLE |  | 1136 | 0 | 0 |
| HENRY JACK  INC | COM | 426281101 |  | 586370 | 3340 | SH |  | SOLE |  | 3340 | 0 | 0 |
| IAA INC | COM | 449253103 |  | 594280 | 14857 | SH |  | SOLE |  | 14857 | 0 | 0 |
| GRACO INC | COM | 384109104 |  | 598479 | 8898 | SH |  | SOLE |  | 8898 | 0 | 0 |
| PROSHARES TR | SHORT S 500 NE | 74347B425 |  | 609140 | 38000 | SH |  | SOLE |  | 38000 | 0 | 0 |
| CME GROUP INC | COM | 12572Q105 |  | 614123 | 3652 | SH |  | SOLE |  | 3652 | 0 | 0 |
| BROADRIDGE FINL SOLUTIONS IN | COM | 11133T103 |  | 617400 | 4603 | SH |  | SOLE |  | 4603 | 0 | 0 |
| DECKERS OUTDOOR CORP | COM | 243537107 |  | 617501 | 1547 | SH |  | SOLE |  | 1547 | 0 | 0 |
| EQUITY LIFESTYLE PPTYS INC | COM | 29472R108 |  | 623669 | 9654 | SH |  | SOLE |  | 9654 | 0 | 0 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 649639 | 6170 | SH |  | SOLE |  | 6170 | 0 | 0 |
| NCINO INC | COM | 63947X101 |  | 650160 | 24590 | SH |  | SOLE |  | 24590 | 0 | 0 |
| ALEXANDER  INC NEW | COM | 014491104 |  | 654857 | 34963 | SH |  | SOLE |  | 34963 | 0 | 0 |
| SERVICE CORP INTL | COM | 817565104 |  | 663681 | 9599 | SH |  | SOLE |  | 9599 | 0 | 0 |
| ISHARES TR | MSCI GBL SUS DEV | 46435G532 |  | 670735 | 8500 | SH |  | SOLE |  | 8500 | 0 | 0 |
| ACUITY BRANDS INC | COM | 00508Y102 |  | 671220 | 4053 | SH |  | SOLE |  | 4053 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 |  | 690286 | 8672 | SH |  | SOLE |  | 8672 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 690325 | 2010 | SH |  | SOLE |  | 2010 | 0 | 0 |
| ISHARES INC | MSCI ISRAEL ETF | 464286632 |  | 699097 | 12486 | SH |  | SOLE |  | 12486 | 0 | 0 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 705109 | 2915 | SH |  | SOLE |  | 2915 | 0 | 0 |
| FTI CONSULTING INC | COM | 302941109 |  | 709518 | 4468 | SH |  | SOLE |  | 4468 | 0 | 0 |
| BLACKBAUD INC | COM | 09227Q100 |  | 713501 | 12122 | SH |  | SOLE |  | 12122 | 0 | 0 |
| CUMMINS INC | COM | 231021106 |  | 727019 | 3001 | SH |  | SOLE |  | 3001 | 0 | 0 |
| BIO-TECHNE CORP | COM | 09073M104 |  | 735643 | 8876 | SH |  | SOLE |  | 8876 | 0 | 0 |
| ISHARES INC | MSCI CDA ETF | 464286509 |  | 735699 | 22478 | SH |  | SOLE |  | 22478 | 0 | 0 |
| ZSCALER INC | COM | 98980G102 |  | 736862 | 6585 | SH |  | SOLE |  | 6585 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 770720 | 2925 | SH |  | SOLE |  | 2925 | 0 | 0 |
| TRIMBLE INC | COM | 896239100 |  | 775236 | 15333 | SH |  | SOLE |  | 15333 | 0 | 0 |
| RIVIAN AUTOMOTIVE INC | COM CL A | 76954A103 |  | 777746 | 42200 | SH |  | SOLE |  | 42200 | 0 | 0 |
| CASEYS GEN STORES INC | COM | 147528103 |  | 784328 | 3496 | SH |  | SOLE |  | 3496 | 0 | 0 |
| ULTA BEAUTY INC | COM | 90384S303 |  | 785692 | 1675 | SH |  | SOLE |  | 1675 | 0 | 0 |
| KIRBY CORP | COM | 497266106 |  | 786293 | 12219 | SH |  | SOLE |  | 12219 | 0 | 0 |
| BLOCK INC | CL A | 852234103 |  | 812521 | 12930 | SH |  | SOLE |  | 12930 | 0 | 0 |
| DOLBY LABORATORIES INC | COM CL A | 25659T107 |  | 814243 | 11543 | SH |  | SOLE |  | 11543 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 819876 | 3826 | SH |  | SOLE |  | 3826 | 0 | 0 |
| YUM CHINA HLDGS INC | COM | 98850P109 |  | 865492 | 15837 | SH |  | SOLE |  | 15837 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 870166 | 12218 | SH |  | SOLE |  | 12218 | 0 | 0 |
| NORDSON CORP | COM | 655663102 |  | 899770 | 3785 | SH |  | SOLE |  | 3785 | 0 | 0 |
| HEXCEL CORP NEW | COM | 428291108 |  | 919178 | 15619 | SH |  | SOLE |  | 15619 | 0 | 0 |
| IDEX CORP | COM | 45167R104 |  | 922453 | 4040 | SH |  | SOLE |  | 4040 | 0 | 0 |
| SHOPIFY INC | CL A | 82509L107 |  | 958760 | 27622 | SH |  | SOLE |  | 27622 | 0 | 0 |
| JONES LANG LASALLE INC | COM | 48020Q107 |  | 961001 | 6030 | SH |  | SOLE |  | 6030 | 0 | 0 |
| CLOUDFLARE INC | CL A COM | 18915M107 |  | 966833 | 21385 | SH |  | SOLE |  | 21385 | 0 | 0 |
| ILLUMINA INC | COM | 452327109 |  | 969145 | 4793 | SH |  | SOLE |  | 4793 | 0 | 0 |
| KNIGHT-SWIFT TRANSN HLDGS IN | CL A | 499049104 |  | 991808 | 18924 | SH |  | SOLE |  | 18924 | 0 | 0 |
| SPROTT PHYSICAL GOLD TR | UNIT | 85207H104 |  | 999690 | 70900 | SH |  | SOLE |  | 70900 | 0 | 0 |
| UBIQUITI INC | COM | 90353W103 |  | 1014516 | 3709 | SH |  | SOLE |  | 3709 | 0 | 0 |
| BANK HAWAII CORP | COM | 062540109 |  | 1030074 | 13281 | SH |  | SOLE |  | 13281 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 1038765 | 3101 | SH |  | SOLE |  | 3101 | 0 | 0 |
| CERUS CORP | COM | 157085101 |  | 1043134 | 523815 | SH |  | SOLE |  | 523815 | 0 | 0 |
| MORNINGSTAR INC | COM | 617700109 |  | 1096814 | 5064 | SH |  | SOLE |  | 5064 | 0 | 0 |
| CHOICE HOTELS INTL INC | COM | 169905106 |  | 1103084 | 9793 | SH |  | SOLE |  | 9793 | 0 | 0 |
| ISHARES TR | MSCI USA SML CP | 46434V290 |  | 1111825 | 22389 | SH |  | SOLE |  | 22389 | 0 | 0 |
| COLUMBIA SPORTSWEAR CO | COM | 198516106 |  | 1112266 | 12700 | SH |  | SOLE |  | 12700 | 0 | 0 |
| BURLINGTON STORES INC | COM | 122017106 |  | 1114774 | 5498 | SH |  | SOLE |  | 5498 | 0 | 0 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 1124489 | 5882 | SH |  | SOLE |  | 5882 | 0 | 0 |
| ARCH CAP GROUP LTD | ORD | G0450A105 |  | 1148435 | 18293 | SH |  | SOLE |  | 18293 | 0 | 0 |
| WORKDAY INC | CL A | 98138H101 |  | 1148553 | 6864 | SH |  | SOLE |  | 6864 | 0 | 0 |
| CHIPOTLE MEXICAN GRILL INC | COM | 169656105 |  | 1175204 | 847 | SH |  | SOLE |  | 847 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 1199610 | 13618 | SH |  | SOLE |  | 13618 | 0 | 0 |
| HUNT J B TRANS SVCS INC | COM | 445658107 |  | 1201039 | 6888 | SH |  | SOLE |  | 6888 | 0 | 0 |
| WEX INC | COM | 96208T104 |  | 1212647 | 7410 | SH |  | SOLE |  | 7410 | 0 | 0 |
| AGCO CORP | COM | 001084102 |  | 1216591 | 8772 | SH |  | SOLE |  | 8772 | 0 | 0 |
| SNOWFLAKE INC | CL A | 833445109 |  | 1218080 | 8486 | SH |  | SOLE |  | 8486 | 0 | 0 |
| ISHARES TR | MSCI USA MMENTM | 46432F396 |  | 1250364 | 8568 | SH |  | SOLE |  | 8568 | 0 | 0 |
| GODADDY INC | CL A | 380237107 |  | 1251215 | 16723 | SH |  | SOLE |  | 16723 | 0 | 0 |
| BOOZ ALLEN HAMILTON HLDG COR | CL A | 099502106 |  | 1279116 | 12238 | SH |  | SOLE |  | 12238 | 0 | 0 |
| ARCHER DANIELS MIDLAND CO | COM | 039483102 |  | 1297244 | 13971 | SH |  | SOLE |  | 13971 | 0 | 0 |
| LANDSTAR SYS INC | COM | 515098101 |  | 1331870 | 8176 | SH |  | SOLE |  | 8176 | 0 | 0 |
| LKQ CORP | COM | 501889208 |  | 1338835 | 25067 | SH |  | SOLE |  | 25067 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 1354503 | 11576 | SH |  | SOLE |  | 11576 | 0 | 0 |
| CACI INTL INC | CL A | 127190304 |  | 1359869 | 4524 | SH |  | SOLE |  | 4524 | 0 | 0 |
| BROWN  INC | COM | 115236101 |  | 1377762 | 24184 | SH |  | SOLE |  | 24184 | 0 | 0 |
| ROSS STORES INC | COM | 778296103 |  | 1380428 | 11893 | SH |  | SOLE |  | 11893 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 1385168 | 10447 | SH |  | SOLE |  | 10447 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 1392588 | 6725 | SH |  | SOLE |  | 6725 | 0 | 0 |
| APTARGROUP INC | COM | 038336103 |  | 1415223 | 12868 | SH |  | SOLE |  | 12868 | 0 | 0 |
| MATSON INC | COM | 57686G105 |  | 1447169 | 23151 | SH |  | SOLE |  | 23151 | 0 | 0 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 1458340 | 9604 | SH |  | SOLE |  | 9604 | 0 | 0 |
| MCKESSON CORP | COM | 58155Q103 |  | 1473846 | 3929 | SH |  | SOLE |  | 3929 | 0 | 0 |
| LENNOX INTL INC | COM | 526107107 |  | 1528100 | 6388 | SH |  | SOLE |  | 6388 | 0 | 0 |
| MARKEL CORP | COM | 570535104 |  | 1528288 | 1160 | SH |  | SOLE |  | 1160 | 0 | 0 |
| RPM INTL INC | COM | 749685103 |  | 1530842 | 15709 | SH |  | SOLE |  | 15709 | 0 | 0 |
| ISHARES TR | NATIONAL MUN ETF | 464288414 |  | 1555892 | 14745 | SH |  | SOLE |  | 14745 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 1557605 | 5870 | SH |  | SOLE |  | 5870 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 1560290 | 24529 | SH |  | SOLE |  | 24529 | 0 | 0 |
| ISHARES TR | RUS MID CAP ETF | 464287499 |  | 1638630 | 24294 | SH |  | SOLE |  | 24294 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 1645572 | 39854 | SH |  | SOLE |  | 39854 | 0 | 0 |
| TELEFLEX INCORPORATED | COM | 879369106 |  | 1669027 | 6686 | SH |  | SOLE |  | 6686 | 0 | 0 |
| PROTERRA INC | COM | 74374T109 |  | 1694566 | 449487 | SH |  | SOLE |  | 449487 | 0 | 0 |
| ENVISTA HOLDINGS CORPORATION | COM | 29415F104 |  | 1696261 | 50379 | SH |  | SOLE |  | 50379 | 0 | 0 |
| CARLISLE COS INC | COM | 142339100 |  | 1722366 | 7309 | SH |  | SOLE |  | 7309 | 0 | 0 |
| AFFILIATED MANAGERS GROUP IN | COM | 008252108 |  | 1747325 | 11029 | SH |  | SOLE |  | 11029 | 0 | 0 |
| YUM BRANDS INC | COM | 988498101 |  | 1756254 | 13712 | SH |  | SOLE |  | 13712 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 1757628 | 53068 | SH |  | SOLE |  | 53068 | 0 | 0 |
| FIDELITY NATL INFORMATION SV | COM | 31620M106 |  | 1996961 | 29432 | SH |  | SOLE |  | 29432 | 0 | 0 |
| NOVO-NORDISK A S | ADR | 670100205 |  | 2061024 | 15228 | SH |  | SOLE |  | 15228 | 0 | 0 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 2122920 | 20693 | SH |  | SOLE |  | 20693 | 0 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 2125707 | 12191 | SH |  | SOLE |  | 12191 | 0 | 0 |
| HARTFORD FDS EXCHANGE TRADED | MUN OPORTUNITE | 41653L503 |  | 2141207 | 57008 | SH |  | SOLE |  | 57008 | 0 | 0 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 |  | 2158754 | 46226 | SH |  | SOLE |  | 46226 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI INT-UTILS | 81369Y886 |  | 2174483 | 30844 | SH |  | SOLE |  | 30844 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 |  | 2249550 | 5855 | SH |  | SOLE |  | 5855 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 2255353 | 26978 | SH |  | SOLE |  | 26978 | 0 | 0 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 2273160 | 12385 | SH |  | SOLE |  | 12385 | 0 | 0 |
| PACER FDS TR | PACER US SMALL | 69374H857 |  | 2275138 | 63286 | SH |  | SOLE |  | 63286 | 0 | 0 |
| ARAMARK | COM | 03852U106 |  | 2275602 | 55046 | SH |  | SOLE |  | 55046 | 0 | 0 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 2285534 | 27707 | SH |  | SOLE |  | 27707 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 2365506 | 27227 | SH |  | SOLE |  | 27227 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 2382325 | 60465 | SH |  | SOLE |  | 60465 | 0 | 0 |
| AUTOZONE INC | COM | 053332102 |  | 2387262 | 968 | SH |  | SOLE |  | 968 | 0 | 0 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 2388714 | 25240 | SH |  | SOLE |  | 25240 | 0 | 0 |
| DOMINION ENERGY INC | COM | 25746U109 |  | 2422631 | 39508 | SH |  | SOLE |  | 39508 | 0 | 0 |
| OCCIDENTAL PETE CORP | COM | 674599105 |  | 2496546 | 39634 | SH |  | SOLE |  | 39634 | 0 | 0 |
| DIAMONDBACK ENERGY INC | COM | 25278X109 |  | 2509229 | 18345 | SH |  | SOLE |  | 18345 | 0 | 0 |
| NETAPP INC | COM | 64110D104 |  | 2510028 | 41792 | SH |  | SOLE |  | 41792 | 0 | 0 |
| DOW INC | COM | 260557103 |  | 2515227 | 49915 | SH |  | SOLE |  | 49915 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 2517925 | 20441 | SH |  | SOLE |  | 20441 | 0 | 0 |
| LAM RESEARCH CORP | COM | 512807108 |  | 2519918 | 5996 | SH |  | SOLE |  | 5996 | 0 | 0 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 2525656 | 19909 | SH |  | SOLE |  | 19909 | 0 | 0 |
| KLA CORP | COM NEW | 482480100 |  | 2536522 | 6728 | SH |  | SOLE |  | 6728 | 0 | 0 |
| MOSAIC CO NEW | COM | 61945C103 |  | 2540475 | 57909 | SH |  | SOLE |  | 57909 | 0 | 0 |
| MODERNA INC | COM | 60770K107 |  | 2542701 | 14156 | SH |  | SOLE |  | 14156 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 |  | 2551518 | 26202 | SH |  | SOLE |  | 26202 | 0 | 0 |
| CIGNA CORP NEW | COM | 125523100 |  | 2553862 | 7708 | SH |  | SOLE |  | 7708 | 0 | 0 |
| GENERAL MTRS CO | COM | 37045V100 |  | 2554723 | 75943 | SH |  | SOLE |  | 75943 | 0 | 0 |
| CF INDS HLDGS INC | COM | 125269100 |  | 2579295 | 30273 | SH |  | SOLE |  | 30273 | 0 | 0 |
| CENTENE CORP DEL | COM | 15135B101 |  | 2584135 | 31510 | SH |  | SOLE |  | 31510 | 0 | 0 |
| ELEVANCE HEALTH INC | COM | 036752103 |  | 2586908 | 5043 | SH |  | SOLE |  | 5043 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 2588834 | 9722 | SH |  | SOLE |  | 9722 | 0 | 0 |
| DEVON ENERGY CORP NEW | COM | 25179M103 |  | 2621128 | 42613 | SH |  | SOLE |  | 42613 | 0 | 0 |
| ETF SER SOLUTIONS | ROUNDHILL ACQUI | 26922A701 |  | 2635086 | 87296 | SH |  | SOLE |  | 87296 | 0 | 0 |
| FACTSET RESH SYS INC | COM | 303075105 |  | 2648788 | 6602 | SH |  | SOLE |  | 6602 | 0 | 0 |
| SPDR S MIDCAP 400 ETF TR | UTSER1 S | 78467Y107 |  | 2789577 | 6300 | SH |  | SOLE |  | 6300 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 2865911 | 16893 | SH |  | SOLE |  | 16893 | 0 | 0 |
| PROSHARES TR | SHRT 20+YR TRE | 74347X849 |  | 2914380 | 128500 | SH |  | SOLE |  | 128500 | 0 | 0 |
| COTERRA ENERGY INC | COM | 127097103 |  | 2994198 | 121864 | SH |  | SOLE |  | 121864 | 0 | 0 |
| MOODYS CORP | COM | 615369105 |  | 3011025 | 10807 | SH |  | SOLE |  | 10807 | 0 | 0 |
| MARATHON OIL CORP | COM | 565849106 |  | 3015118 | 111382 | SH |  | SOLE |  | 111382 | 0 | 0 |
| BERKLEY W R CORP | COM | 084423102 |  | 3020582 | 41623 | SH |  | SOLE |  | 41623 | 0 | 0 |
| DEERE | COM | 244199105 |  | 3024441 | 7054 | SH |  | SOLE |  | 7054 | 0 | 0 |
| CINCINNATI FINL CORP | COM | 172062101 |  | 3061154 | 29897 | SH |  | SOLE |  | 29897 | 0 | 0 |
| NOVARTIS AG | SPONSORED ADR | 66987V109 |  | 3097181 | 34140 | SH |  | SOLE |  | 34140 | 0 | 0 |
| ADOBE SYSTEMS INCORPORATED | COM | 00724F101 |  | 3124345 | 9284 | SH |  | SOLE |  | 9284 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 3147226 | 31096 | SH |  | SOLE |  | 31096 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 3173658 | 9127 | SH |  | SOLE |  | 9127 | 0 | 0 |
| SYSCO CORP | COM | 871829107 |  | 3185610 | 41669 | SH |  | SOLE |  | 41669 | 0 | 0 |
| SEI INVTS CO | COM | 784117103 |  | 3205567 | 54984 | SH |  | SOLE |  | 54984 | 0 | 0 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 |  | 3223074 | 11161 | SH |  | SOLE |  | 11161 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 3338486 | 13977 | SH |  | SOLE |  | 13977 | 0 | 0 |
| VANECK ETF TRUST | INDONESIA INDEX | 92189F833 |  | 3365556 | 193868 | SH |  | SOLE |  | 193868 | 0 | 0 |
| ISHARES INC | MSCI TURKEY ETF | 464286715 |  | 3367592 | 91016 | SH |  | SOLE |  | 91016 | 0 | 0 |
| MERRIMACK PHARMACEUTICALS IN | COM NEW | 590328209 |  | 3375486 | 294545 | SH |  | SOLE |  | 294545 | 0 | 0 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 3376186 | 73861 | SH |  | SOLE |  | 73861 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 3410523 | 30920 | SH |  | SOLE |  | 30920 | 0 | 0 |
| ISHARES INC | MSCI MLY ETF NEW | 46434G814 |  | 3596717 | 157475 | SH |  | SOLE |  | 157475 | 0 | 0 |
| AUTODESK INC | COM | 052769106 |  | 3606030 | 19297 | SH |  | SOLE |  | 19297 | 0 | 0 |
| PINTEREST INC | CL A | 72352L106 |  | 3610994 | 148723 | SH |  | SOLE |  | 148723 | 0 | 0 |
| FASTENAL CO | COM | 311900104 |  | 3637085 | 76861 | SH |  | SOLE |  | 76861 | 0 | 0 |
| RAYTHEON TECHNOLOGIES CORP | COM | 75513E101 |  | 3683442 | 36499 | SH |  | SOLE |  | 36499 | 0 | 0 |
| COGNIZANT TECHNOLOGY SOLUTIO | CL A | 192446102 |  | 3698129 | 64664 | SH |  | SOLE |  | 64664 | 0 | 0 |
| ROBERT HALF INTL INC | COM | 770323103 |  | 3712176 | 50280 | SH |  | SOLE |  | 50280 | 0 | 0 |
| HP INC | COM | 40434L105 |  | 3726147 | 138673 | SH |  | SOLE |  | 138673 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 3760022 | 7092 | SH |  | SOLE |  | 7092 | 0 | 0 |
| SPDR INDEX SHS FDS | S EMKTSC ETF | 78463X756 |  | 3772678 | 77088 | SH |  | SOLE |  | 77088 | 0 | 0 |
| PROSHARES TR II | VIX MDTRM FUTR N | 74347W338 |  | 3787551 | 124755 | SH |  | SOLE |  | 124755 | 0 | 0 |
| ISHARES TR | MSCI UK ETF NEW | 46435G334 |  | 3895509 | 127055 | SH |  | SOLE |  | 127055 | 0 | 0 |
| ISHARES INC | MSCI STH AFR ETF | 464286780 |  | 3904227 | 92059 | SH |  | SOLE |  | 92059 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 3928431 | 112337 | SH |  | SOLE |  | 112337 | 0 | 0 |
| ISHARES INC | MSCI MEXICO ETF | 464286822 |  | 3968265 | 80248 | SH |  | SOLE |  | 80248 | 0 | 0 |
| ISHARES INC | MSCI BRAZIL ETF | 464286400 |  | 3969472 | 141919 | SH |  | SOLE |  | 141919 | 0 | 0 |
| INVESCO ACTVELY MNGD ETC FD | OPTIMUM YIELD | 46090F100 |  | 4009836 | 271302 | SH |  | SOLE |  | 271302 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 4023806 | 34100 | SH |  | SOLE |  | 34100 | 0 | 0 |
| ISHARES INC | MSCI THAILND ETF | 464286624 |  | 4046433 | 53816 | SH |  | SOLE |  | 53816 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 4167830 | 44724 | SH |  | SOLE |  | 44724 | 0 | 0 |
| INVESCO INDIA EXCHANGE-TRADE | INDIA ETF | 46137R109 |  | 4191495 | 196876 | SH |  | SOLE |  | 196876 | 0 | 0 |
| APA CORPORATION | COM | 03743Q108 |  | 4229562 | 90608 | SH |  | SOLE |  | 90608 | 0 | 0 |
| GLOBAL X FDS | MSCI GREECE ETF | 37954Y319 |  | 4242212 | 159242 | SH |  | SOLE |  | 159242 | 0 | 0 |
| NUCOR CORP | COM | 670346105 |  | 4306957 | 32675 | SH |  | SOLE |  | 32675 | 0 | 0 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 4311138 | 17495 | SH |  | SOLE |  | 17495 | 0 | 0 |
| MARATHON PETE CORP | COM | 56585A102 |  | 4320286 | 37119 | SH |  | SOLE |  | 37119 | 0 | 0 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 |  | 4342534 | 5145 | SH |  | SOLE |  | 5145 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 4383391 | 14865 | SH |  | SOLE |  | 14865 | 0 | 0 |
| CROWN CASTLE INC | COM | 22822V101 |  | 4392023 | 32380 | SH |  | SOLE |  | 32380 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | FTSE RAFI EMNG | 46138E727 |  | 4408091 | 250175 | SH |  | SOLE |  | 250175 | 0 | 0 |
| PAYCHEX INC | COM | 704326107 |  | 4625867 | 40030 | SH |  | SOLE |  | 40030 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 4697139 | 10289 | SH |  | SOLE |  | 10289 | 0 | 0 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 4802947 | 73171 | SH |  | SOLE |  | 73171 | 0 | 0 |
| NVR INC | COM | 62944T105 |  | 4903173 | 1063 | SH |  | SOLE |  | 1063 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 5129664 | 62756 | SH |  | SOLE |  | 62756 | 0 | 0 |
| ISHARES TR | RUS 2000 VAL ETF | 464287630 |  | 5147708 | 37122 | SH |  | SOLE |  | 37122 | 0 | 0 |
| DIAGEO PLC | SPON ADR NEW | 25243Q205 |  | 5177465 | 29056 | SH |  | SOLE |  | 29056 | 0 | 0 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 |  | 5285293 | 7326 | SH |  | SOLE |  | 7326 | 0 | 0 |
| TARGET CORP | COM | 87612E106 |  | 5345618 | 35867 | SH |  | SOLE |  | 35867 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 5384694 | 30975 | SH |  | SOLE |  | 30975 | 0 | 0 |
| MONSTER BEVERAGE CORP NEW | COM | 61174X109 |  | 5476427 | 53939 | SH |  | SOLE |  | 53939 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 5526024 | 50264 | SH |  | SOLE |  | 50264 | 0 | 0 |
| ISHARES TR | RUS 1000 ETF | 464287622 |  | 5637515 | 26779 | SH |  | SOLE |  | 26779 | 0 | 0 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 |  | 5906519 | 170758 | SH |  | SOLE |  | 170758 | 0 | 0 |
| AIR PRODS  INC | COM | 009158106 |  | 6024660 | 19544 | SH |  | SOLE |  | 19544 | 0 | 0 |
| MERCK  INC | COM | 58933Y105 |  | 6056517 | 54588 | SH |  | SOLE |  | 54588 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI CONS STPLS | 81369Y308 |  | 6102123 | 81853 | SH |  | SOLE |  | 81853 | 0 | 0 |
| BILL COM HLDGS INC | COM | 090043100 |  | 6112765 | 56101 | SH |  | SOLE |  | 56101 | 0 | 0 |
| COUPANG INC | CL A | 22266T109 |  | 6113387 | 415594 | SH |  | SOLE |  | 415594 | 0 | 0 |
| PROGRESSIVE CORP | COM | 743315103 |  | 6265123 | 48301 | SH |  | SOLE |  | 48301 | 0 | 0 |
| BLACKROCK INC | COM | 09247X101 |  | 6444990 | 9095 | SH |  | SOLE |  | 9095 | 0 | 0 |
| PACER FDS TR | US CASH COWS 100 | 69374H881 |  | 6565899 | 141965 | SH |  | SOLE |  | 141965 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 6583687 | 39848 | SH |  | SOLE |  | 39848 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 7213506 | 151417 | SH |  | SOLE |  | 151417 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 7296719 | 38305 | SH |  | SOLE |  | 38305 | 0 | 0 |
| EXPEDITORS INTL WASH INC | COM | 302130109 |  | 7375400 | 70972 | SH |  | SOLE |  | 70972 | 0 | 0 |
| JOHNSON | COM | 478160104 |  | 7676303 | 43455 | SH |  | SOLE |  | 43455 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 7776881 | 53215 | SH |  | SOLE |  | 53215 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 7898264 | 25569 | SH |  | SOLE |  | 25569 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 8009706 | 95354 | SH |  | SOLE |  | 95354 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 8018931 | 80836 | SH |  | SOLE |  | 80836 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 8196256 | 92373 | SH |  | SOLE |  | 92373 | 0 | 0 |
| LOWES COS INC | COM | 548661107 |  | 8401900 | 42170 | SH |  | SOLE |  | 42170 | 0 | 0 |
| ISHARES TR | MSCI ACWI ETF | 464288257 |  | 8409072 | 99070 | SH |  | SOLE |  | 99070 | 0 | 0 |
| ISHARES TR | SP SMCP600VL ETF | 464287879 |  | 8692682 | 95200 | SH |  | SOLE |  | 95200 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 8794417 | 171632 | SH |  | SOLE |  | 171632 | 0 | 0 |
| ISHARES TR | S 500 VAL ETF | 464287408 |  | 9005365 | 62076 | SH |  | SOLE |  | 62076 | 0 | 0 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 |  | 9110994 | 73216 | SH |  | SOLE |  | 73216 | 0 | 0 |
| VANGUARD MALVERN FDS | STRM INFPROIDX | 922020805 |  | 9334370 | 199836 | SH |  | SOLE |  | 199836 | 0 | 0 |
| VANGUARD INDEX FDS | MCAP VL IDXVIP | 922908512 |  | 9737145 | 71999 | SH |  | SOLE |  | 71999 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 10668681 | 51351 | SH |  | SOLE |  | 51351 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 10688888 | 59551 | SH |  | SOLE |  | 59551 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 11831829 | 98320 | SH |  | SOLE |  | 98320 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI HEALTHCARE | 81369Y209 |  | 12721889 | 93647 | SH |  | SOLE |  | 93647 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 13397726 | 151850 | SH |  | SOLE |  | 151850 | 0 | 0 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 14646732 | 68366 | SH |  | SOLE |  | 68366 | 0 | 0 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 17805902 | 87365 | SH |  | SOLE |  | 87365 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 17846257 | 74415 | SH |  | SOLE |  | 74415 | 0 | 0 |
| VANGUARD INDEX FDS | SM CP VAL ETF | 922908611 |  | 17969459 | 113158 | SH |  | SOLE |  | 113158 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 18902300 | 49427 | SH |  | SOLE |  | 49427 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 19154725 | 147423 | SH |  | SOLE |  | 147423 | 0 | 0 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 24425248 | 174006 | SH |  | SOLE |  | 174006 | 0 | 0 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 |  | 28630458 | 188793 | SH |  | SOLE |  | 188793 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 32026108 | 198169 | SH |  | SOLE |  | 198169 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 34985379 | 897431 | SH |  | SOLE |  | 897431 | 0 | 0 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 50089267 | 1193363 | SH |  | SOLE |  | 1193363 | 0 | 0 |
| ABBOTT LABS | COM | 002824100 |  | 59894473 | 545537 | SH |  | SOLE |  | 545537 | 0 | 0 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 79578327 | 226465 | SH |  | SOLE |  | 226465 | 0 | 0 |

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