# EDGAR Filing Document

**Accession Number:** 0001771687
**File Stem:** 0001085146-23-000212
**Filing Date:** 2023-1
**Character Count:** 17450
**Document Hash:** e1879772a13aa2cc93c325dff284a668
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001085146-23-000212.hdr.sgml**: 20230119

**ACCESSION NUMBER**: 0001085146-23-000212

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230119

**DATE AS OF CHANGE**: 20230118

**EFFECTIVENESS DATE**: 20230119

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** KG&L Capital Management,LLC
- **CENTRAL INDEX KEY:** 0001771687
- **IRS NUMBER:** 455355057
- **STATE OF INCORPORATION:** LA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-19452
- **FILM NUMBER:** 23535379

**BUSINESS ADDRESS:**
- **STREET 1:** 4782 PROSPERITY ST.
- **CITY:** SAINT FRANCISVILLE
- **STATE:** LA
- **ZIP:** 70775
- **BUSINESS PHONE:** 225-266-6638

**MAIL ADDRESS:**
- **STREET 1:** PO BOX 1220
- **CITY:** ST. FRANCISVILLE
- **STATE:** LA
- **ZIP:** 70775

### 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:** KG Capital ManagementLLC<br>**Address:** PO BOX 1220<br>ST. FRANCISVILLE, LA 70775

**Form 13F File Number:** 028-19452

**CRD Number (if applicable):** 000164500

**SEC File Number (if applicable):** 801-112461

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:** Gabriel S. Kora III<br>**Title:** CCO<br>**Phone:** 225-245-5153

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

/s/  Gabriel S. Kora III  St. Francisville, LA  01-18-2023<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:** 129

**Form 13F Information Table Value Total:** $173011101

      (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 | BBG0025Y4RZ3 | 307455 | 1902 | SH |  | SOLE |  | 1902 | 0 | 0 |
| ADOBE SYSTEMS INCORPORATED | COM | 00724F101 | BBG001S5NCQ5 | 562005 | 1670 | SH |  | SOLE |  | 1670 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 | BBG001S5NN36 | 1193322 | 18424 | SH |  | SOLE |  | 18424 | 0 | 0 |
| ALBEMARLE CORP | COM | 012653101 | BBG001S7SBP9 | 266097 | 1227 | SH |  | SOLE |  | 1227 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 | BBG009S39JY5 | 5388383 | 61072 | SH |  | SOLE |  | 61072 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 | BBG001S5PQL7 | 3729012 | 44393 | SH |  | SOLE |  | 44393 | 0 | 0 |
| AMGEN INC | COM | 031162100 | BBG001S5NNL6 | 845330 | 3219 | SH |  | SOLE |  | 3219 | 0 | 0 |
| APPLE INC | COM | 037833100 | BBG001S5N8V8 | 9077383 | 69864 | SH |  | SOLE |  | 69864 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 | BBG001S5NMM7 | 419708 | 4310 | SH |  | SOLE |  | 4310 | 0 | 0 |
| AT INC | COM | 00206R102 | BBG001S5VWH2 | 231833 | 12593 | SH |  | SOLE |  | 12593 | 0 | 0 |
| B2GOLD CORP | COM | 11777Q209 | BBG001T0CNW6 | 102102 | 28600 | SH |  | SOLE |  | 28600 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 | BBG001S5P0Y0 | 3181620 | 96063 | SH |  | SOLE |  | 96063 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | BBG001S90346 | 952956 | 3085 | SH |  | SOLE |  | 3085 | 0 | 0 |
| BOEING CO | COM | 097023105 | BBG001S5P0V3 | 5260668 | 27617 | SH |  | SOLE |  | 27617 | 0 | 0 |
| BRANDYWINE RLTY TR | SH BEN INT NEW | 105368203 | BBG001S6YGF4 | 139279 | 22647 | SH |  | SOLE |  | 22647 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 | BBG001S8N8J6 | 879345 | 12222 | SH |  | SOLE |  | 12222 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 | BBG00KHY5SY8 | 763438 | 1365 | SH |  | SOLE |  | 1365 | 0 | 0 |
| BUNGE LIMITED | COM | G16962105 | BBG001SJ9BG4 | 309287 | 3100 | SH |  | SOLE |  | 3100 | 0 | 0 |
| CARRIER GLOBAL CORPORATION | COM | 14448C104 | BBG00RP5HZM1 | 304646 | 7385 | SH |  | SOLE |  | 7385 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 | BBG001S5PJ06 | 1175048 | 4905 | SH |  | SOLE |  | 4905 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 | BBG001S67ZC5 | 1279348 | 7128 | SH |  | SOLE |  | 7128 | 0 | 0 |
| CHIPOTLE MEXICAN GRILL INC | COM | 169656105 | BBG001SP50B3 | 388497 | 280 | SH |  | SOLE |  | 280 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 | BBG001S6HC62 | 473180 | 9932 | SH |  | SOLE |  | 9932 | 0 | 0 |
| COCA COLA CO | COM | 191216100 | BBG001S5SMQ8 | 416009 | 6540 | SH |  | SOLE |  | 6540 | 0 | 0 |
| COLGATE PALMOLIVE CO | COM | 194162103 | BBG001S5PVM5 | 306474 | 3890 | SH |  | SOLE |  | 3890 | 0 | 0 |
| CROWN CASTLE INC | COM | 22822V101 | BBG001S7W5T3 | 364063 | 2684 | SH |  | SOLE |  | 2684 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 | BBG001S5QBD8 | 429945 | 4614 | SH |  | SOLE |  | 4614 | 0 | 0 |
| DEERE  CO | COM | 244199105 | BBG001S5QFF7 | 1501974 | 3503 | SH |  | SOLE |  | 3503 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 | BBG001S5QHF3 | 564476 | 6497 | SH |  | SOLE |  | 6497 | 0 | 0 |
| DOLLAR GEN CORP NEW | COM | 256677105 | BBG001T5BM30 | 337738 | 1372 | SH |  | SOLE |  | 1372 | 0 | 0 |
| DOW INC | COM | 260557103 | BBG00BN96931 | 1220292 | 24217 | SH |  | SOLE |  | 24217 | 0 | 0 |
| ENBRIDGE INC | COM | 29250N105 | BBG001S6Q6D7 | 289881 | 7414 | SH |  | SOLE |  | 7414 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 | BBG001S69V32 | 9970206 | 90392 | SH |  | SOLE |  | 90392 | 0 | 0 |
| FEDEX CORP | COM | 31428X106 | BBG001S5R3M5 | 313492 | 1810 | SH |  | SOLE |  | 1810 | 0 | 0 |
| FORD MTR CO DEL | COM | 345370860 | BBG001S5TZ33 | 429575 | 36937 | SH |  | SOLE |  | 36937 | 0 | 0 |
| FORTINET INC | COM | 34959E109 | BBG001S77BL6 | 368142 | 7530 | SH |  | SOLE |  | 7530 | 0 | 0 |
| GALLAGHER ARTHUR J  CO | COM | 363576109 | BBG001S5NKC2 | 4636387 | 24591 | SH |  | SOLE |  | 24591 | 0 | 0 |
| GENERAL MLS INC | COM | 370334104 | BBG001S5RKR2 | 343114 | 4092 | SH |  | SOLE |  | 4092 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 | BBG001SC07Z6 | 2347454 | 6836 | SH |  | SOLE |  | 6836 | 0 | 0 |
| GREAT AJAX CORP | COM | 38983D300 | BBG008200KY7 | 933178 | 128714 | SH |  | SOLE |  | 128714 | 0 | 0 |
| GSK PLC | SPONSORED ADR | 37733W204 | BBG001SD6SM6 | 1710040 | 48664 | SH |  | SOLE |  | 48664 | 0 | 0 |
| HALEON PLC | SPON ADS | 405552100 | BBG018GZNDB0 | 104288 | 13036 | SH |  | SOLE |  | 13036 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 | BBG001S5RTW7 | 1738106 | 5503 | SH |  | SOLE |  | 5503 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 | BBG001S5X1N1 | 959704 | 4478 | SH |  | SOLE |  | 4478 | 0 | 0 |
| INTEL CORP | COM | 458140100 | BBG001S5SF65 | 212140 | 8027 | SH |  | SOLE |  | 8027 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 | BBG001S5S399 | 417714 | 2965 | SH |  | SOLE |  | 2965 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 | BBG001S7XR78 | 372817 | 1405 | SH |  | SOLE |  | 1405 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | PFD ETF | 46138E511 | BBG001T0NSB6 | 1420806 | 127085 | SH |  | SOLE |  | 127085 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | TAXABLE MUN BD | 46138G805 | BBG001STKGB3 | 1464653 | 56968 | SH |  | SOLE |  | 56968 | 0 | 0 |
| INVESCO EXCH TRD SLF IDX FD | BULETSHS 2031 CP | 46138J429 | BBG012JBHCX8 | 187268 | 11890 | SH |  | SOLE |  | 11890 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 | BBG001S9GN63 | 249709 | 938 | SH |  | SOLE |  | 938 | 0 | 0 |
| ISHARES TR | CORE S MCP ETF | 464287507 | BBG001SFC7V0 | 1170174 | 4838 | SH |  | SOLE |  | 4838 | 0 | 0 |
| ISHARES TR | CORE S SCP ETF | 464287804 | BBG001SFC7W9 | 905003 | 9563 | SH |  | SOLE |  | 9563 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 | BBG001SFB7R6 | 1157626 | 3013 | SH |  | SOLE |  | 3013 | 0 | 0 |
| ISHARES TR | CORE US AGGBD ET | 464287226 | BBG001SM1QT8 | 3714212 | 38295 | SH |  | SOLE |  | 38295 | 0 | 0 |
| ISHARES TR | IBOXX INV CP ETF | 464287242 | BBG001S60QR6 | 2271520 | 21545 | SH |  | SOLE |  | 21545 | 0 | 0 |
| ISHARES TR | ISHARES BIOTECH | 464287556 | BBG001SGYSW7 | 339702 | 2587 | SH |  | SOLE |  | 2587 | 0 | 0 |
| ISHARES TR | MSCI EAFE ETF | 464287465 | BBG001SG09V7 | 1032579 | 15731 | SH |  | SOLE |  | 15731 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 | BBG001S5SHQ9 | 5318245 | 30106 | SH |  | SOLE |  | 30106 | 0 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 | BBG001S8CRC3 | 7068169 | 52708 | SH |  | SOLE |  | 52708 | 0 | 0 |
| KELLOGG CO | COM | 487836108 | BBG001S5SJL0 | 220060 | 3089 | SH |  | SOLE |  | 3089 | 0 | 0 |
| KEYCORP | COM | 493267108 | BBG001S5SKV6 | 475831 | 27315 | SH |  | SOLE |  | 27315 | 0 | 0 |
| KINDER MORGAN INC DEL | COM | 49456B101 | BBG001TG2YZ5 | 214610 | 11870 | SH |  | SOLE |  | 11870 | 0 | 0 |
| KRONOS WORLDWIDE INC | COM | 50105F105 | BBG001SDWTD5 | 1157855 | 123176 | SH |  | SOLE |  | 123176 | 0 | 0 |
| LILLY ELI  CO | COM | 532457108 | BBG001S5STL8 | 1315057 | 3595 | SH |  | SOLE |  | 3595 | 0 | 0 |
| LOWES COS INC | COM | 548661107 | BBG001S5SVL3 | 1771589 | 8892 | SH |  | SOLE |  | 8892 | 0 | 0 |
| LULULEMON ATHLETICA INC | COM | 550021109 | BBG001STBM75 | 1337587 | 4175 | SH |  | SOLE |  | 4175 | 0 | 0 |
| LYONDELLBASELL INDUSTRIES N | SHS - A - | N53745100 | BBG001T8LMY9 | 929196 | 11191 | SH |  | SOLE |  | 11191 | 0 | 0 |
| MARVELL TECHNOLOGY INC | COM | 573874104 | BBG00ZXBJ162 | 236698 | 6390 | SH |  | SOLE |  | 6390 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 | BBG001SKNNS6 | 747469 | 2150 | SH |  | SOLE |  | 2150 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 | BBG001S5T110 | 253057 | 960 | SH |  | SOLE |  | 960 | 0 | 0 |
| MCKESSON CORP | COM | 58155Q103 | BBG001S8F8P8 | 803132 | 2141 | SH |  | SOLE |  | 2141 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 | BBG001S5T2S9 | 319260 | 4108 | SH |  | SOLE |  | 4108 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 | BBG001S5TC52 | 567630 | 5116 | SH |  | SOLE |  | 5116 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 | BBG001SQCQC5 | 2092231 | 17386 | SH |  | SOLE |  | 17386 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 | BBG001S6P675 | 250080 | 5004 | SH |  | SOLE |  | 5004 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 | BBG001S5TD05 | 4849726 | 20222 | SH |  | SOLE |  | 20222 | 0 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 | BBG001SHHZJ3 | 545646 | 8187 | SH |  | SOLE |  | 8187 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 | BBG001S9V5Z3 | 274275 | 3226 | SH |  | SOLE |  | 3226 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 | BBG001S5TKX3 | 614261 | 13014 | SH |  | SOLE |  | 13014 | 0 | 0 |
| NIKE INC | CL B | 654106103 | BBG001S6NTK2 | 436451 | 3730 | SH |  | SOLE |  | 3730 | 0 | 0 |
| NOVO-NORDISK A S | ADR | 670100205 | BBG001S5TSK0 | 221010 | 1633 | SH |  | SOLE |  | 1633 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 | BBG001S5TZJ6 | 837761 | 5733 | SH |  | SOLE |  | 5733 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 | BBG001S5SJG6 | 416002 | 5089 | SH |  | SOLE |  | 5089 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 | BBG001T9NWN5 | 637140 | 4566 | SH |  | SOLE |  | 4566 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 | BBG0077VNXW5 | 435012 | 6108 | SH |  | SOLE |  | 6108 | 0 | 0 |
| PFIZER INC | COM | 717081103 | BBG001S5V466 | 1521247 | 29689 | SH |  | SOLE |  | 29689 | 0 | 0 |
| POOL CORP | COM | 73278L105 | BBG001S5VBK4 | 399378 | 1321 | SH |  | SOLE |  | 1321 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 | BBG001S5V4L9 | 20719101 | 136706 | SH |  | SOLE |  | 136706 | 0 | 0 |
| PROSPECT CAP CORP | COM | 74348T102 | BBG001SM4WF7 | 72947 | 10436 | SH |  | SOLE |  | 10436 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 | BBG001S6VS70 | 1184142 | 10771 | SH |  | SOLE |  | 10771 | 0 | 0 |
| ROBLOX CORP | CL A | 771049103 | BBG001V1Y6Z1 | 261434 | 9186 | SH |  | SOLE |  | 9186 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 | BBG001SDLP09 | 715323 | 5395 | SH |  | SOLE |  | 5395 | 0 | 0 |
| SCHLUMBERGER LTD | COM STK | 806857108 | BBG001S5W4C8 | 421388 | 7882 | SH |  | SOLE |  | 7882 | 0 | 0 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 | BBG001S7T1S7 | 748649 | 8559 | SH |  | SOLE |  | 8559 | 0 | 0 |
| SELECT SECTOR SPDR TR | FINANCIAL | 81369Y605 | BBG001S7T223 | 736623 | 21539 | SH |  | SOLE |  | 21539 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI CONS STPLS | 81369Y308 | BBG001S7T107 | 525514 | 7049 | SH |  | SOLE |  | 7049 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI HEALTHCARE | 81369Y209 | BBG001S7SCQ6 | 624305 | 4596 | SH |  | SOLE |  | 4596 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI INT-INDS | 81369Y704 | BBG001S7T232 | 292310 | 2976 | SH |  | SOLE |  | 2976 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI INT-UTILS | 81369Y886 | BBG001S7TD56 | 218955 | 3106 | SH |  | SOLE |  | 3106 | 0 | 0 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 | BBG001S7TCZ5 | 482390 | 3876 | SH |  | SOLE |  | 3876 | 0 | 0 |
| SIGNATURE BK NEW YORK N Y | COM | 82669G104 | BBG001SGW2S1 | 377922 | 3280 | SH |  | SOLE |  | 3280 | 0 | 0 |
| SIMON PPTY GROUP INC NEW | COM | 828806109 | BBG001S77WM9 | 1473552 | 12543 | SH |  | SOLE |  | 12543 | 0 | 0 |
| SMUCKER J M CO | COM NEW | 832696405 | BBG001S5W3H5 | 498832 | 3148 | SH |  | SOLE |  | 3148 | 0 | 0 |
| SNOWFLAKE INC | CL A | 833445109 | BBG007DHGNK2 | 730906 | 5092 | SH |  | SOLE |  | 5092 | 0 | 0 |
| SOUTHERN CO | COM | 842587107 | BBG001S5W777 | 423585 | 5932 | SH |  | SOLE |  | 5932 | 0 | 0 |
| SPDR DOW JONES INDL AVERAGE | UT SER 1 | 78467X109 | BBG001S8LH99 | 253089 | 764 | SH |  | SOLE |  | 764 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 | BBG001SCPX28 | 300263 | 1770 | SH |  | SOLE |  | 1770 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 | BBG001S72SM3 | 6283026 | 16429 | SH |  | SOLE |  | 16429 | 0 | 0 |
| SPDR SER TR | S REGL BKG | 78464A698 | BBG001SMH2R6 | 583849 | 9940 | SH |  | SOLE |  | 9940 | 0 | 0 |
| STAG INDL INC | COM | 85254J102 | BBG001T9F312 | 209878 | 6496 | SH |  | SOLE |  | 6496 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 | BBG001S8FR03 | 230606 | 943 | SH |  | SOLE |  | 943 | 0 | 0 |
| TARGET CORP | COM | 87612E106 | BBG001SC0K41 | 2849628 | 19120 | SH |  | SOLE |  | 19120 | 0 | 0 |
| TD SYNNEX CORPORATION | COM | 87162W100 | BBG001SFQWB2 | 308755 | 3260 | SH |  | SOLE |  | 3260 | 0 | 0 |
| TEREX CORP NEW | COM | 880779103 | BBG001S6PZQ0 | 215950 | 5055 | SH |  | SOLE |  | 5055 | 0 | 0 |
| TESLA INC | COM | 88160R101 | BBG001SQKGD7 | 601242 | 4881 | SH |  | SOLE |  | 4881 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 | BBG001S5WYZ7 | 316231 | 1914 | SH |  | SOLE |  | 1914 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 | BBG001S5X2M0 | 2158212 | 10423 | SH |  | SOLE |  | 10423 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 | BBG001S6WCJ1 | 473981 | 894 | SH |  | SOLE |  | 894 | 0 | 0 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 | BBG001SHTTS4 | 1010504 | 4742 | SH |  | SOLE |  | 4742 | 0 | 0 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 | BBG001SMD2X3 | 480556 | 5826 | SH |  | SOLE |  | 5826 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 | BBG001SHTTZ6 | 240007 | 6157 | SH |  | SOLE |  | 6157 | 0 | 0 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 | BBG001SS0V24 | 491887 | 4546 | SH |  | SOLE |  | 4546 | 0 | 0 |
| VANGUARD WORLD FDS | CONSUM STP ETF | 92204A207 | BBG001SHVR41 | 483843 | 2526 | SH |  | SOLE |  | 2526 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 | BBG001S67QY1 | 1065423 | 27041 | SH |  | SOLE |  | 27041 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 | BBG001SRCFY3 | 740706 | 3565 | SH |  | SOLE |  | 3565 | 0 | 0 |
| WALMART INC | COM | 931142103 | BBG001S5XH92 | 2930092 | 20665 | SH |  | SOLE |  | 20665 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 | BBG001S5XF23 | 1946184 | 47135 | SH |  | SOLE |  | 47135 | 0 | 0 |
| ZOETIS INC | CL A | 98978V103 | BBG0039320P7 | 633243 | 4321 | SH |  | SOLE |  | 4321 | 0 | 0 |

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