# EDGAR Filing Document

**Accession Number:** 0001862282
**File Stem:** 0001951757-23-000048
**Filing Date:** 2023-1
**Character Count:** 30427
**Document Hash:** b704916685789da86ca6087c67007ff2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001951757-23-000048.hdr.sgml**: 20230124

**ACCESSION NUMBER**: 0001951757-23-000048

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230124

**DATE AS OF CHANGE**: 20230124

**EFFECTIVENESS DATE**: 20230124

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Pallas Capital Advisors LLC
- **CENTRAL INDEX KEY:** 0001862282
- **IRS NUMBER:** 834556573
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-21223
- **FILM NUMBER:** 23548077

**BUSINESS ADDRESS:**
- **STREET 1:** 45 BRAINTREE HILL OFFICE PARK
- **STREET 2:** SUITE 201
- **CITY:** BRAINTREE
- **STATE:** MA
- **ZIP:** 02184
- **BUSINESS PHONE:** 7819715052

**MAIL ADDRESS:**
- **STREET 1:** 45 BRAINTREE HILL OFFICE PARK
- **STREET 2:** SUITE 201
- **CITY:** BRAINTREE
- **STATE:** MA
- **ZIP:** 02184

### 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:** Pallas Capital Advisors LLC<br>**Address:** 45 BRAINTREE HILL OFFICE PARK<br>SUITE 201<br>BRAINTREE, MA 02184

**Form 13F File Number:** 028-21223

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:** JAMES C. LANDRY<br>**Title:** Chief Compliance Officer<br>**Phone:** (781) 971-5052

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

JAMES C. LANDRY  BRAINTREE, MA  01-24-2023<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:** 272

**Form 13F Information Table Value Total:** $988015431

      (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 |
| BENEFITFOCUS INC | NOTE 1.250%12/1 | 08180DAB2 |  | 9511 | 10000 | PRN |  | SOLE |  | 0 | 0 | 10000 |
| STARWOOD PPTY TR INC | NOTE 4.375% 4/0 | 85571BAH8 |  | 11000 | 11000 | PRN |  | SOLE |  | 0 | 0 | 11000 |
| CONMED CORP | NOTE 2.625% 2/0 | 207410AF8 |  | 11862 | 10000 | PRN |  | SOLE |  | 0 | 0 | 10000 |
| SOUTHWEST AIRLS CO | NOTE 1.250% 5/0 | 844741BG2 |  | 13534 | 11000 | PRN |  | SOLE |  | 0 | 0 | 11000 |
| WAYFAIR INC | NOTE 0.625%10/0 | 94419LAM3 |  | 14297 | 19000 | PRN |  | SOLE |  | 0 | 0 | 19000 |
| INSULET CORP | NOTE 0.375% 9/0 | 45784PAK7 |  | 16990 | 12000 | PRN |  | SOLE |  | 0 | 0 | 12000 |
| NUVATION BIO INC | COM CL A | 67080N101 |  | 23600 | 10000 | SH |  | SOLE |  | 0 | 0 | 10000 |
| CLENE INC | COMMON STOCK | 185634102 |  | 25838 | 17341 | SH |  | SOLE |  | 0 | 0 | 17341 |
| DEXCOM INC | NOTE 0.250%11/1 | 252131AK3 |  | 31122 | 29000 | PRN |  | SOLE |  | 0 | 0 | 29000 |
| WESTERN DIGITAL CORP. | NOTE 1.500% 2/0 | 958102AP0 |  | 32504 | 34000 | PRN |  | SOLE |  | 0 | 0 | 34000 |
| PAVMED INC | COM | 70387R106 |  | 36490 | 80039 | SH |  | SOLE |  | 0 | 0 | 80039 |
| GENWORTH FINL INC | COM CL A | 37247D106 |  | 82259 | 15205 | SH |  | SOLE |  | 0 | 0 | 15205 |
| WHEELS UP EXPERIENCE INC | COM CL A | 96328L106 |  | 123000 | 92481 | SH |  | SOLE |  | 0 | 0 | 92481 |
| APPLOVIN CORP | COM CL A | 03831W108 |  | 164100 | 15000 | SH |  | SOLE |  | 0 | 0 | 15000 |
| AT INC | COM | 00206R102 |  | 192924 | 10032 | SH |  | SOLE |  | 0 | 0 | 10032 |
| SELECT SECTOR SPDR TR | SBI INT-INDS | 81369Y704 |  | 203482 | 2056 | SH |  | SOLE |  | 0 | 0 | 2056 |
| CINCINNATI FINL CORP | COM | 172062101 |  | 203801 | 1984 | SH |  | SOLE |  | 0 | 0 | 1984 |
| ETF MANAGERS TR | PRIME MOBILE PAY | 26924G409 |  | 203970 | 4769 | SH |  | SOLE |  | 0 | 0 | 4769 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 205181 | 2254 | SH |  | SOLE |  | 0 | 0 | 2254 |
| CORTEVA INC | COM | 22052L104 |  | 209560 | 3360 | SH |  | SOLE |  | 0 | 0 | 3360 |
| ISHARES TR | ESG AWR MSCI USA | 46435G425 |  | 214355 | 2441 | SH |  | SOLE |  | 0 | 0 | 2441 |
| SONY GROUP CORPORATION | SPONSORED ADR | 835699307 |  | 214742 | 2405 | SH |  | SOLE |  | 0 | 0 | 2405 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 |  | 218305 | 4263 | SH |  | SOLE |  | 0 | 0 | 4263 |
| TARGET CORP | COM | 87612E106 |  | 218821 | 1349 | SH |  | SOLE |  | 0 | 0 | 1349 |
| ISHARES TR | CORE S US GWT | 464287671 |  | 222281 | 2649 | SH |  | SOLE |  | 0 | 0 | 2649 |
| TORONTO DOMINION BK ONT | COM NEW | 891160509 |  | 223359 | 3351 | SH |  | SOLE |  | 0 | 0 | 3351 |
| VANGUARD WORLD FDS | CONSUM STP ETF | 92204A207 |  | 223434 | 1189 | SH |  | SOLE |  | 0 | 0 | 1189 |
| RAYTHEON TECHNOLOGIES CORP | COM | 75513E101 |  | 224319 | 2377 | SH |  | SOLE |  | 0 | 0 | 2377 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 232085 | 99 | SH |  | SOLE |  | 0 | 0 | 99 |
| ISHARES TR | RUS MDCP VAL ETF | 464287473 |  | 235142 | 2133 | SH |  | SOLE |  | 0 | 0 | 2133 |
| SPDR SER TR | S DIVID ETF | 78464A763 |  | 244718 | 1933 | SH |  | SOLE |  | 0 | 0 | 1933 |
| DOW INC | COM | 260557103 |  | 245556 | 4275 | SH |  | SOLE |  | 0 | 0 | 4275 |
| CHEVRON CORP NEW | COM | 166764100 |  | 246811 | 1364 | SH |  | SOLE |  | 0 | 0 | 1364 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 250851 | 3580 | SH |  | SOLE |  | 0 | 0 | 3580 |
| MCDONALDS CORP | COM | 580135101 |  | 253376 | 943 | SH |  | SOLE |  | 0 | 0 | 943 |
| ISHARES TR | EXPONENTIAL TECH | 46434V381 |  | 256595 | 4996 | SH |  | SOLE |  | 0 | 0 | 4996 |
| VANGUARD WORLD FDS | INDUSTRIAL ETF | 92204A603 |  | 256666 | 1375 | SH |  | SOLE |  | 0 | 0 | 1375 |
| SOLAREDGE TECHNOLOGIES INC | COM | 83417M104 |  | 256710 | 871 | SH |  | SOLE |  | 0 | 0 | 871 |
| PAYCHEX INC | COM | 704326107 |  | 257426 | 2183 | SH |  | SOLE |  | 0 | 0 | 2183 |
| WALMART INC | COM | 931142103 |  | 267140 | 1901 | SH |  | SOLE |  | 0 | 0 | 1901 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 271844 | 2716 | SH |  | SOLE |  | 0 | 0 | 2716 |
| RESMED INC | COM | 761152107 |  | 275321 | 1173 | SH |  | SOLE |  | 0 | 0 | 1173 |
| ENPHASE ENERGY INC | COM | 29355A107 |  | 279510 | 1256 | SH |  | SOLE |  | 0 | 0 | 1256 |
| FIRST TR EXCHNG TRADED FD VI | VEST US EQTY BUF | 33740F664 |  | 280738 | 8250 | SH |  | SOLE |  | 0 | 0 | 8250 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 293978 | 2082 | SH |  | SOLE |  | 0 | 0 | 2082 |
| STERIS PLC | SHS USD | G8473T100 |  | 296841 | 1447 | SH |  | SOLE |  | 0 | 0 | 1447 |
| PLANET FITNESS INC | CL A | 72703H101 |  | 297630 | 3757 | SH |  | SOLE |  | 0 | 0 | 3757 |
| HONEYWELL INTL INC | COM | 438516106 |  | 297785 | 1474 | SH |  | SOLE |  | 0 | 0 | 1474 |
| NOVARTIS AG | SPONSORED ADR | 66987V109 |  | 298390 | 3241 | SH |  | SOLE |  | 0 | 0 | 3241 |
| IAC INC | COM NEW | 44891N208 |  | 303160 | 5507 | SH |  | SOLE |  | 0 | 0 | 5507 |
| MICROCHIP TECHNOLOGY INC. | COM | 595017104 |  | 305734 | 4154 | SH |  | SOLE |  | 0 | 0 | 4154 |
| ISHARES TR | GLOBAL TECH ETF | 464287291 |  | 311071 | 6482 | SH |  | SOLE |  | 0 | 0 | 6482 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 316724 | 1129 | SH |  | SOLE |  | 0 | 0 | 1129 |
| EASTMAN CHEM CO | COM | 277432100 |  | 318322 | 3544 | SH |  | SOLE |  | 0 | 0 | 3544 |
| CLOROX CO DEL | COM | 189054109 |  | 321758 | 2257 | SH |  | SOLE |  | 0 | 0 | 2257 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 326917 | 1283 | SH |  | SOLE |  | 0 | 0 | 1283 |
| EATON CORP PLC | SHS | G29183103 |  | 327511 | 2106 | SH |  | SOLE |  | 0 | 0 | 2106 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 327706 | 10794 | SH |  | SOLE |  | 0 | 0 | 10794 |
| HUNTINGTON BANCSHARES INC | COM | 446150104 |  | 327931 | 23241 | SH |  | SOLE |  | 0 | 0 | 23241 |
| PROLOGIS INC. | COM | 74340W103 |  | 344142 | 2802 | SH |  | SOLE |  | 0 | 0 | 2802 |
| ISHARES INC | MSCI EMERG MRKT | 464286533 |  | 345045 | 6235 | SH |  | SOLE |  | 0 | 0 | 6235 |
| HOME DEPOT INC | COM | 437076102 |  | 347588 | 1103 | SH |  | SOLE |  | 0 | 0 | 1103 |
| NETFLIX INC | COM | 64110L106 |  | 349693 | 1021 | SH |  | SOLE |  | 0 | 0 | 1021 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 352217 | 1809 | SH |  | SOLE |  | 0 | 0 | 1809 |
| VANGUARD SCOTTSDALE FDS | VNG RUS2000IDX | 92206C664 |  | 354671 | 4751 | SH |  | SOLE |  | 0 | 0 | 4751 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 357064 | 2932 | SH |  | SOLE |  | 0 | 0 | 2932 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 371988 | 1466 | SH |  | SOLE |  | 0 | 0 | 1466 |
| ZOETIS INC | CL A | 98978V103 |  | 372479 | 2274 | SH |  | SOLE |  | 0 | 0 | 2274 |
| ROSS STORES INC | COM | 778296103 |  | 389779 | 3368 | SH |  | SOLE |  | 0 | 0 | 3368 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 396710 | 1545 | SH |  | SOLE |  | 0 | 0 | 1545 |
| SCHWAB STRATEGIC TR | SHT TM US TRES | 808524862 |  | 398083 | 8191 | SH |  | SOLE |  | 0 | 0 | 8191 |
| INTUIT | COM | 461202103 |  | 412541 | 1036 | SH |  | SOLE |  | 0 | 0 | 1036 |
| INVESCO EXCH TRADED FD TR II | INVESCO PHLX SM | 46138G615 |  | 413519 | 18822 | SH |  | SOLE |  | 0 | 0 | 18822 |
| DRAFTKINGS INC NEW | COM CL A | 26142V105 |  | 414040 | 29830 | SH |  | SOLE |  | 0 | 0 | 29830 |
| ISHARES TR | CORE MSCI TOTAL | 46432F834 |  | 420023 | 6700 | SH |  | SOLE |  | 0 | 0 | 6700 |
| GLOBAL X FDS | VDEO GAM ESPRT | 37954Y392 |  | 420230 | 21364 | SH |  | SOLE |  | 0 | 0 | 21364 |
| BLACKROCK INC | COM | 09247X101 |  | 427955 | 577 | SH |  | SOLE |  | 0 | 0 | 577 |
| CINTAS CORP | COM | 172908105 |  | 432249 | 990 | SH |  | SOLE |  | 0 | 0 | 990 |
| BLACKSTONE INC | COM | 09260D107 |  | 436824 | 5139 | SH |  | SOLE |  | 0 | 0 | 5139 |
| DEXCOM INC | COM | 252131107 |  | 439601 | 4076 | SH |  | SOLE |  | 0 | 0 | 4076 |
| PEPSICO INC | COM | 713448108 |  | 442539 | 2605 | SH |  | SOLE |  | 0 | 0 | 2605 |
| BANK AMERICA CORP | COM | 060505104 |  | 449451 | 13278 | SH |  | SOLE |  | 0 | 0 | 13278 |
| SELECT SECTOR SPDR TR | SBI CONS DISCR | 81369Y407 |  | 455079 | 3274 | SH |  | SOLE |  | 0 | 0 | 3274 |
| ENTERPRISE BANCORP INC MASS | COM | 293668109 |  | 457666 | 12863 | SH |  | SOLE |  | 0 | 0 | 12863 |
| ISHARES TR | S 100 ETF | 464287101 |  | 458381 | 2595 | SH |  | SOLE |  | 0 | 0 | 2595 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 |  | 469645 | 1 | SH |  | SOLE |  | 0 | 0 | 1 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 476529 | 1075 | SH |  | SOLE |  | 0 | 0 | 1075 |
| TESLA INC | COM | 88160R101 |  | 480233 | 3599 | SH |  | SOLE |  | 0 | 0 | 3599 |
| ABBOTT LABS | COM | 002824100 |  | 484012 | 4290 | SH |  | SOLE |  | 0 | 0 | 4290 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 488098 | 3180 | SH |  | SOLE |  | 0 | 0 | 3180 |
| CIMPRESS PLC | SHS EURO | G2143T103 |  | 494236 | 15226 | SH |  | SOLE |  | 0 | 0 | 15226 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 |  | 505228 | 5584 | SH |  | SOLE |  | 0 | 0 | 5584 |
| ISHARES TR | RUS TP200 VL ETF | 464289420 |  | 511205 | 7707 | SH |  | SOLE |  | 0 | 0 | 7707 |
| INVESCO EXCHANGE TRADED FD T | NASDAQ INTERNT | 46137V530 |  | 523136 | 4073 | SH |  | SOLE |  | 0 | 0 | 4073 |
| BOEING CO | COM | 097023105 |  | 528479 | 2556 | SH |  | SOLE |  | 0 | 0 | 2556 |
| ABBVIE INC | COM | 00287Y109 |  | 531639 | 3554 | SH |  | SOLE |  | 0 | 0 | 3554 |
| ISHARES TR | RUS TP200 GR ETF | 464289438 |  | 585608 | 4644 | SH |  | SOLE |  | 0 | 0 | 4644 |
| PROVIDENT BANCORP INC | COM NEW | 74383L105 |  | 587136 | 70400 | SH |  | SOLE |  | 0 | 0 | 70400 |
| HCA HEALTHCARE INC | COM | 40412C101 |  | 602286 | 2304 | SH |  | SOLE |  | 0 | 0 | 2304 |
| LOWES COS INC | COM | 548661107 |  | 627147 | 3066 | SH |  | SOLE |  | 0 | 0 | 3066 |
| MATCH GROUP INC NEW | COM | 57667L107 |  | 627426 | 12444 | SH |  | SOLE |  | 0 | 0 | 12444 |
| SELECT SECTOR SPDR TR | FINANCIAL | 81369Y605 |  | 698546 | 19761 | SH |  | SOLE |  | 0 | 0 | 19761 |
| HUNTSMAN CORP | COM | 447011107 |  | 703119 | 22300 | SH |  | SOLE |  | 0 | 0 | 22300 |
| CIGNA CORP NEW | COM | 125523100 |  | 714631 | 2318 | SH |  | SOLE |  | 0 | 0 | 2318 |
| HESS CORP | COM | 42809H107 |  | 743953 | 4806 | SH |  | SOLE |  | 0 | 0 | 4806 |
| DANAHER CORPORATION | COM | 235851102 |  | 747202 | 2723 | SH |  | SOLE |  | 0 | 0 | 2723 |
| CHURCH  DWIGHT CO INC | COM | 171340102 |  | 777561 | 9346 | SH |  | SOLE |  | 0 | 0 | 9346 |
| ISHARES TR | S 500 VAL ETF | 464287408 |  | 778206 | 5153 | SH |  | SOLE |  | 0 | 0 | 5153 |
| ROYALTY PHARMA PLC | SHS CLASS A | G7709Q104 |  | 832259 | 21713 | SH |  | SOLE |  | 0 | 0 | 21713 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 851783 | 3996 | SH |  | SOLE |  | 0 | 0 | 3996 |
| ISHARES TR | CORE TOTAL USD | 46434V613 |  | 853122 | 18418 | SH |  | SOLE |  | 0 | 0 | 18418 |
| LILLY ELI  CO | COM | 532457108 |  | 873383 | 2524 | SH |  | SOLE |  | 0 | 0 | 2524 |
| BIOGEN INC | COM | 09062X103 |  | 873885 | 3058 | SH |  | SOLE |  | 0 | 0 | 3058 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 881031 | 3881 | SH |  | SOLE |  | 0 | 0 | 3881 |
| AMERICAN FINL GROUP INC OHIO | COM | 025932104 |  | 890821 | 6519 | SH |  | SOLE |  | 0 | 0 | 6519 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 911651 | 9473 | SH |  | SOLE |  | 0 | 0 | 9473 |
| DIMENSIONAL ETF TRUST | WORLD EX US CORE | 25434V880 |  | 912215 | 39067 | SH |  | SOLE |  | 0 | 0 | 39067 |
| ISHARES TR | S MC 400GR ETF | 464287606 |  | 940436 | 13268 | SH |  | SOLE |  | 0 | 0 | 13268 |
| LITHIA MTRS INC | COM | 536797103 |  | 959757 | 3992 | SH |  | SOLE |  | 0 | 0 | 3992 |
| AVALONBAY CMNTYS INC | COM | 053484101 |  | 963126 | 5654 | SH |  | SOLE |  | 0 | 0 | 5654 |
| ISHARES TR | EXPANDED TECH | 464287515 |  | 987266 | 3656 | SH |  | SOLE |  | 0 | 0 | 3656 |
| ALGONQUIN PWR UTILS CORP | COM | 015857105 |  | 995794 | 138690 | SH |  | SOLE |  | 0 | 0 | 138690 |
| FTI CONSULTING INC | COM | 302941109 |  | 1004880 | 6299 | SH |  | SOLE |  | 0 | 0 | 6299 |
| PGIM ETF TR | PGIM ULTRA SH BD | 69344A107 |  | 1011373 | 20523 | SH |  | SOLE |  | 0 | 0 | 20523 |
| CUBESMART | COM | 229663109 |  | 1031646 | 24200 | SH |  | SOLE |  | 0 | 0 | 24200 |
| REGAL REXNORD CORPORATION | COM | 758750103 |  | 1031988 | 7660 | SH |  | SOLE |  | 0 | 0 | 7660 |
| XPO INC | COM | 983793100 |  | 1036413 | 27455 | SH |  | SOLE |  | 0 | 0 | 27455 |
| PENN ENTERTAINMENT INC | COM | 707569109 |  | 1038980 | 31628 | SH |  | SOLE |  | 0 | 0 | 31628 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 1103108 | 9732 | SH |  | SOLE |  | 0 | 0 | 9732 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 1118604 | 7899 | SH |  | SOLE |  | 0 | 0 | 7899 |
| APTIV PLC | SHS | G6095L109 |  | 1120317 | 10764 | SH |  | SOLE |  | 0 | 0 | 10764 |
| FIFTH THIRD BANCORP | COM | 316773100 |  | 1122923 | 32445 | SH |  | SOLE |  | 0 | 0 | 32445 |
| SELECT SECTOR SPDR TR | SBI HEALTHCARE | 81369Y209 |  | 1127844 | 8422 | SH |  | SOLE |  | 0 | 0 | 8422 |
| VICI PPTYS INC | COM | 925652109 |  | 1144464 | 34082 | SH |  | SOLE |  | 0 | 0 | 34082 |
| VISTRA CORP | COM | 92840M102 |  | 1154889 | 52855 | SH |  | SOLE |  | 0 | 0 | 52855 |
| MERCK  CO INC | COM | 58933Y105 |  | 1155018 | 10506 | SH |  | SOLE |  | 0 | 0 | 10506 |
| GLOBAL PMTS INC | COM | 37940X102 |  | 1157543 | 10341 | SH |  | SOLE |  | 0 | 0 | 10341 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 |  | 1160786 | 8838 | SH |  | SOLE |  | 0 | 0 | 8838 |
| BOOZ ALLEN HAMILTON HLDG COR | CL A | 099502106 |  | 1164269 | 12420 | SH |  | SOLE |  | 0 | 0 | 12420 |
| EQUIFAX INC | COM | 294429105 |  | 1172811 | 5267 | SH |  | SOLE |  | 0 | 0 | 5267 |
| CMS ENERGY CORP | COM | 125896100 |  | 1174655 | 18943 | SH |  | SOLE |  | 0 | 0 | 18943 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 1176872 | 29809 | SH |  | SOLE |  | 0 | 0 | 29809 |
| DEERE  CO | COM | 244199105 |  | 1177604 | 2868 | SH |  | SOLE |  | 0 | 0 | 2868 |
| CENTENE CORP DEL | COM | 15135B101 |  | 1214679 | 15951 | SH |  | SOLE |  | 0 | 0 | 15951 |
| SELECT SECTOR SPDR TR | COMMUNICATION | 81369Y852 |  | 1233426 | 23228 | SH |  | SOLE |  | 0 | 0 | 23228 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 1243383 | 8432 | SH |  | SOLE |  | 0 | 0 | 8432 |
| WILLIAMS COS INC | COM | 969457100 |  | 1250301 | 39743 | SH |  | SOLE |  | 0 | 0 | 39743 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 1264400 | 3360 | SH |  | SOLE |  | 0 | 0 | 3360 |
| LULULEMON ATHLETICA INC | COM | 550021109 |  | 1267706 | 4053 | SH |  | SOLE |  | 0 | 0 | 4053 |
| FIRST REP BK SAN FRANCISCO C | COM | 33616C100 |  | 1269454 | 9322 | SH |  | SOLE |  | 0 | 0 | 9322 |
| MCCORMICK  CO INC | COM NON VTG | 579780206 |  | 1270888 | 16411 | SH |  | SOLE |  | 0 | 0 | 16411 |
| AMN HEALTHCARE SVCS INC | COM | 001744101 |  | 1279415 | 12905 | SH |  | SOLE |  | 0 | 0 | 12905 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 1279828 | 28215 | SH |  | SOLE |  | 0 | 0 | 28215 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 |  | 1297617 | 19481 | SH |  | SOLE |  | 0 | 0 | 19481 |
| C H ROBINSON WORLDWIDE INC | COM NEW | 12541W209 |  | 1303761 | 13937 | SH |  | SOLE |  | 0 | 0 | 13937 |
| US BANCORP DEL | COM NEW | 902973304 |  | 1321684 | 28448 | SH |  | SOLE |  | 0 | 0 | 28448 |
| TARGA RES CORP | COM | 87612G101 |  | 1369643 | 18103 | SH |  | SOLE |  | 0 | 0 | 18103 |
| ISHARES SILVER TR | ISHARES | 46428Q109 |  | 1407651 | 63926 | SH |  | SOLE |  | 0 | 0 | 63926 |
| BAKER HUGHES COMPANY | CL A | 05722G100 |  | 1467606 | 47235 | SH |  | SOLE |  | 0 | 0 | 47235 |
| MORNINGSTAR INC | COM | 617700109 |  | 1470372 | 6107 | SH |  | SOLE |  | 0 | 0 | 6107 |
| ALLEGION PLC | ORD SHS | G0176J109 |  | 1487145 | 13362 | SH |  | SOLE |  | 0 | 0 | 13362 |
| HOLOGIC INC | COM | 436440101 |  | 1528961 | 19194 | SH |  | SOLE |  | 0 | 0 | 19194 |
| NASDAQ INC | COM | 631103108 |  | 1573223 | 25350 | SH |  | SOLE |  | 0 | 0 | 25350 |
| SNAP ON INC | COM | 833034101 |  | 1577175 | 6615 | SH |  | SOLE |  | 0 | 0 | 6615 |
| SEALED AIR CORP NEW | COM | 81211K100 |  | 1581426 | 29356 | SH |  | SOLE |  | 0 | 0 | 29356 |
| EAGLE MATLS INC | COM | 26969P108 |  | 1587084 | 11302 | SH |  | SOLE |  | 0 | 0 | 11302 |
| ISHARES TR | MSCI USA MIN VOL | 46429B697 |  | 1602702 | 22149 | SH |  | SOLE |  | 0 | 0 | 22149 |
| WEST PHARMACEUTICAL SVSC INC | COM | 955306105 |  | 1629455 | 6278 | SH |  | SOLE |  | 0 | 0 | 6278 |
| GLOBUS MED INC | CL A | 379577208 |  | 1631453 | 22032 | SH |  | SOLE |  | 0 | 0 | 22032 |
| INVESCO EXCH TRADED FD TR II | KBW BK ETF | 46138E628 |  | 1638772 | 29861 | SH |  | SOLE |  | 0 | 0 | 29861 |
| CHARTER COMMUNICATIONS INC N | CL A | 16119P108 |  | 1672773 | 4223 | SH |  | SOLE |  | 0 | 0 | 4223 |
| INVESCO EXCHANGE TRADED FD T | DYNMC LEISURE | 46137V720 |  | 1704246 | 42049 | SH |  | SOLE |  | 0 | 0 | 42049 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 1711892 | 9596 | SH |  | SOLE |  | 0 | 0 | 9596 |
| CHARLES RIV LABS INTL INC | COM | 159864107 |  | 1758605 | 7232 | SH |  | SOLE |  | 0 | 0 | 7232 |
| CHEMED CORP NEW | COM | 16359R103 |  | 1828560 | 3673 | SH |  | SOLE |  | 0 | 0 | 3673 |
| COMFORT SYS USA INC | COM | 199908104 |  | 1898427 | 16213 | SH |  | SOLE |  | 0 | 0 | 16213 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 1914931 | 26967 | SH |  | SOLE |  | 0 | 0 | 26967 |
| ISHARES TR | S 500 GRWT ETF | 464287309 |  | 1951550 | 32407 | SH |  | SOLE |  | 0 | 0 | 32407 |
| PARKER-HANNIFIN CORP | COM | 701094104 |  | 2043372 | 6693 | SH |  | SOLE |  | 0 | 0 | 6693 |
| DIMENSIONAL ETF TRUST | US CORE EQUITY 2 | 25434V708 |  | 2054734 | 81343 | SH |  | SOLE |  | 0 | 0 | 81343 |
| NXP SEMICONDUCTORS N V | COM | N6596X109 |  | 2093921 | 12427 | SH |  | SOLE |  | 0 | 0 | 12427 |
| CHECK POINT SOFTWARE TECH LT | ORD | M22465104 |  | 2097599 | 15925 | SH |  | SOLE |  | 0 | 0 | 15925 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 2107902 | 10605 | SH |  | SOLE |  | 0 | 0 | 10605 |
| FLEXSHARES TR | IBOXX 5YR TRGT | 33939L605 |  | 2127466 | 88240 | SH |  | SOLE |  | 0 | 0 | 88240 |
| CACI INTL INC | CL A | 127190304 |  | 2157663 | 7545 | SH |  | SOLE |  | 0 | 0 | 7545 |
| ARES MANAGEMENT CORPORATION | CL A COM STK | 03990B101 |  | 2165516 | 27541 | SH |  | SOLE |  | 0 | 0 | 27541 |
| CDW CORP | COM | 12514G108 |  | 2182004 | 10978 | SH |  | SOLE |  | 0 | 0 | 10978 |
| ARCH CAP GROUP LTD | ORD | G0450A105 |  | 2224091 | 35608 | SH |  | SOLE |  | 0 | 0 | 35608 |
| MASTEC INC | COM | 576323109 |  | 2437199 | 25598 | SH |  | SOLE |  | 0 | 0 | 25598 |
| SALESFORCE INC | COM | 79466L302 |  | 2670470 | 17656 | SH |  | SOLE |  | 0 | 0 | 17656 |
| BROOKFIELD RENEWABLE CORP | CL A SUB VTG | 11284V105 |  | 2726682 | 88644 | SH |  | SOLE |  | 0 | 0 | 88644 |
| VANGUARD MALVERN FDS | STRM INFPROIDX | 922020805 |  | 2775972 | 59013 | SH |  | SOLE |  | 0 | 0 | 59013 |
| ISHARES TR | U.S. MED DVC ETF | 464288810 |  | 2808947 | 51503 | SH |  | SOLE |  | 0 | 0 | 51503 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 2882291 | 19728 | SH |  | SOLE |  | 0 | 0 | 19728 |
| ISHARES TR | RUS MID CAP ETF | 464287499 |  | 2903154 | 41075 | SH |  | SOLE |  | 0 | 0 | 41075 |
| GRAINGER W W INC | COM | 384802104 |  | 2947202 | 5261 | SH |  | SOLE |  | 0 | 0 | 5261 |
| VANGUARD WORLD FDS | CONSUM DIS ETF | 92204A108 |  | 2958499 | 12492 | SH |  | SOLE |  | 0 | 0 | 12492 |
| DOLLAR GEN CORP NEW | COM | 256677105 |  | 3129667 | 13571 | SH |  | SOLE |  | 0 | 0 | 13571 |
| PIONEER NAT RES CO | COM | 723787107 |  | 3340392 | 13953 | SH |  | SOLE |  | 0 | 0 | 13953 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 3435334 | 9445 | SH |  | SOLE |  | 0 | 0 | 9445 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 3629276 | 12839 | SH |  | SOLE |  | 0 | 0 | 12839 |
| VANGUARD WORLD FDS | HEALTH CAR ETF | 92204A504 |  | 3629369 | 14722 | SH |  | SOLE |  | 7 | 0 | 14715 |
| ISHARES TR | BROAD USD HIGH | 46435U853 |  | 3688268 | 103154 | SH |  | SOLE |  | 131 | 0 | 103023 |
| CHENIERE ENERGY INC | COM NEW | 16411R208 |  | 3713598 | 24475 | SH |  | SOLE |  | 0 | 0 | 24475 |
| NORTHERN TR CORP | COM | 665859104 |  | 3714032 | 39782 | SH |  | SOLE |  | 0 | 0 | 39782 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 |  | 3877161 | 52345 | SH |  | SOLE |  | 23 | 0 | 52322 |
| CATERPILLAR INC | COM | 149123101 |  | 3975455 | 15920 | SH |  | SOLE |  | 0 | 0 | 15920 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 4040875 | 8417 | SH |  | SOLE |  | 0 | 0 | 8417 |
| EMERSON ELEC CO | COM | 291011104 |  | 4099695 | 46934 | SH |  | SOLE |  | 0 | 0 | 46934 |
| ADOBE SYSTEMS INCORPORATED | COM | 00724F101 |  | 4528164 | 12706 | SH |  | SOLE |  | 0 | 0 | 12706 |
| DISNEY WALT CO | COM | 254687106 |  | 4565636 | 44121 | SH |  | SOLE |  | 0 | 0 | 44121 |
| DUPONT DE NEMOURS INC | COM | 26614N102 |  | 4622283 | 62489 | SH |  | SOLE |  | 0 | 0 | 62489 |
| AMGEN INC | COM | 031162100 |  | 4653136 | 17676 | SH |  | SOLE |  | 0 | 0 | 17676 |
| STRYKER CORPORATION | COM | 863667101 |  | 4762737 | 18588 | SH |  | SOLE |  | 0 | 0 | 18588 |
| QUALCOMM INC | COM | 747525103 |  | 4883289 | 39734 | SH |  | SOLE |  | 0 | 0 | 39734 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 4975310 | 8381 | SH |  | SOLE |  | 0 | 0 | 8381 |
| ELECTRONIC ARTS INC | COM | 285512109 |  | 5137534 | 40777 | SH |  | SOLE |  | 0 | 0 | 40777 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 5176405 | 63977 | SH |  | SOLE |  | 0 | 0 | 63977 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 |  | 5233492 | 6596 | SH |  | SOLE |  | 0 | 0 | 6596 |
| SYSCO CORP | COM | 871829107 |  | 5356549 | 68824 | SH |  | SOLE |  | 0 | 0 | 68824 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 5429658 | 13715 | SH |  | SOLE |  | 0 | 0 | 13715 |
| BROADCOM INC | COM | 11135F101 |  | 5552485 | 9728 | SH |  | SOLE |  | 0 | 0 | 9728 |
| JACOBS SOLUTIONS INC | COM | 46982L108 |  | 5596781 | 46617 | SH |  | SOLE |  | 0 | 0 | 46617 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 5729016 | 145517 | SH |  | SOLE |  | 0 | 0 | 145517 |
| OWL ROCK CAPITAL CORPORATION | COM | 69121K104 |  | 5738883 | 444186 | SH |  | SOLE |  | 0 | 0 | 444186 |
| DIAGEO PLC | SPON ADR NEW | 25243Q205 |  | 5969135 | 32099 | SH |  | SOLE |  | 0 | 0 | 32099 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 5977732 | 33558 | SH |  | SOLE |  | 0 | 0 | 33558 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 6004454 | 60480 | SH |  | SOLE |  | 0 | 0 | 60480 |
| VANGUARD WORLD FDS | INF TECH ETF | 92204A702 |  | 6241995 | 18457 | SH |  | SOLE |  | 5 | 0 | 18452 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 6319653 | 28543 | SH |  | SOLE |  | 0 | 0 | 28543 |
| DOVER CORP | COM | 260003108 |  | 6363478 | 45669 | SH |  | SOLE |  | 0 | 0 | 45669 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 6677987 | 19535 | SH |  | SOLE |  | 0 | 0 | 19535 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 6968563 | 14317 | SH |  | SOLE |  | 0 | 0 | 14317 |
| CVS HEALTH CORP | COM | 126650100 |  | 6987871 | 80320 | SH |  | SOLE |  | 0 | 0 | 80320 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 7098379 | 86756 | SH |  | SOLE |  | 0 | 0 | 86756 |
| TJX COS INC NEW | COM | 872540109 |  | 7108983 | 89376 | SH |  | SOLE |  | 0 | 0 | 89376 |
| VANGUARD BD INDEX FDS | VANGUARD ULTRA | 92203C303 |  | 7145778 | 145210 | SH |  | SOLE |  | 35 | 0 | 145175 |
| APPLIED MATLS INC | COM | 038222105 |  | 7709120 | 70307 | SH |  | SOLE |  | 0 | 0 | 70307 |
| VISA INC | COM CL A | 92826C839 |  | 7840412 | 34953 | SH |  | SOLE |  | 0 | 0 | 34953 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 8621555 | 46593 | SH |  | SOLE |  | 20 | 0 | 46573 |
| ORACLE CORP | COM | 68389X105 |  | 8847800 | 101407 | SH |  | SOLE |  | 0 | 0 | 101407 |
| JANUS DETROIT STR TR | HENDRSN SHRT ETF | 47103U886 |  | 9168711 | 192337 | SH |  | SOLE |  | 54 | 0 | 192283 |
| ISHARES TR | NATIONAL MUN ETF | 464288414 |  | 9687709 | 89726 | SH |  | SOLE |  | 0 | 0 | 89726 |
| WISDOMTREE TR | EM EX ST-OWNED | 97717X578 |  | 9806635 | 332428 | SH |  | SOLE |  | 15 | 0 | 332413 |
| J P MORGAN EXCHANGE TRADED F | ACTIVEBLDRS EMER | 46641Q266 |  | 9862985 | 262873 | SH |  | SOLE |  | 12 | 0 | 262861 |
| ISHARES TR | 0-5 YR TIPS ETF | 46429B747 |  | 9922467 | 101602 | SH |  | SOLE |  | 14 | 0 | 101588 |
| JOHN HANCOCK EXCHANGE TRADED | MULTFCTR EMRNG | 47804J834 |  | 10104349 | 398623 | SH |  | SOLE |  | 18 | 0 | 398605 |
| DIMENSIONAL ETF TRUST | EMGR CRE EQT MNG | 25434V302 |  | 10172669 | 424215 | SH |  | SOLE |  | 19 | 0 | 424196 |
| SPDR SER TR | BLOOMBERG 1 10 Y | 78468R861 |  | 10263285 | 548545 | SH |  | SOLE |  | 74 | 0 | 548471 |
| VANGUARD INTL EQUITY INDEX F | FTSE SMCAP ETF | 922042718 |  | 10333385 | 93287 | SH |  | SOLE |  | 5 | 0 | 93282 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 10701175 | 63418 | SH |  | SOLE |  | 0 | 0 | 63418 |
| J P MORGAN EXCHANGE TRADED F | INTRNL RES EQT | 46641Q134 |  | 10710070 | 196819 | SH |  | SOLE |  | 11 | 0 | 196808 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 10886604 | 76146 | SH |  | SOLE |  | 0 | 0 | 76146 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 11320007 | 83802 | SH |  | SOLE |  | 0 | 0 | 83802 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 11345001 | 36612 | SH |  | SOLE |  | 0 | 0 | 36612 |
| J P MORGAN EXCHANGE TRADED F | BETABUILDERS I | 46641Q373 |  | 11497506 | 214027 | SH |  | SOLE |  | 12 | 0 | 214015 |
| DIMENSIONAL ETF TRUST | INTL CORE EQT MK | 25434V203 |  | 11685215 | 432786 | SH |  | SOLE |  | 25 | 0 | 432761 |
| LINDE PLC | SHS | G5494J103 |  | 11901563 | 36217 | SH |  | SOLE |  | 0 | 0 | 36217 |
| AMAZON COM INC | COM | 023135106 |  | 12060396 | 124014 | SH |  | SOLE |  | 0 | 0 | 124014 |
| ISHARES TR | MSCI INTL QUALTY | 46434V456 |  | 12320848 | 352225 | SH |  | SOLE |  | 19 | 0 | 352206 |
| GOLDMAN SACHS ETF TR | ACTIVEBETA INT | 381430107 |  | 12332113 | 399098 | SH |  | SOLE |  | 22 | 0 | 399076 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 13156284 | 134220 | SH |  | SOLE |  | 0 | 0 | 134220 |
| SPDR SER TR | NUVEEN BLOOMBERG | 78464A284 |  | 16106810 | 630897 | SH |  | SOLE |  | 0 | 0 | 630897 |
| J P MORGAN EXCHANGE TRADED F | ULTRA SHRT INC | 46641Q837 |  | 19371596 | 385045 | SH |  | SOLE |  | 38 | 0 | 385007 |
| VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 92206C409 |  | 19423471 | 254500 | SH |  | SOLE |  | 25 | 0 | 254475 |
| ISHARES TR | CORE S ETF | 464287200 |  | 20140834 | 50643 | SH |  | SOLE |  | 27 | 0 | 50616 |
| JANUS INTERNATIONAL GROUP IN | COMMON STOCK | 47103N106 |  | 21843550 | 2184355 | SH |  | SOLE |  | 0 | 0 | 2184355 |
| APPLE INC | COM | 037833100 |  | 25841903 | 187437 | SH |  | SOLE |  | 0 | 0 | 187437 |
| MICROSOFT CORP | COM | 594918104 |  | 28286600 | 117753 | SH |  | SOLE |  | 0 | 0 | 117753 |
| VANGUARD SCOTTSDALE FDS | SHORT TERM TREAS | 92206C102 |  | 28331040 | 486286 | SH |  | SOLE |  | 99 | 0 | 486187 |
| GLOBAL PARTNERS LP | COM UNITS | 37946R109 |  | 47218959 | 1403238 | SH |  | SOLE |  | 0 | 0 | 1403238 |
| BRUKER CORP | COM | 116794108 |  | 122644516 | 1735945 | SH |  | SOLE |  | 0 | 0 | 1735945 |

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