# EDGAR Filing Document

**Accession Number:** 0001667074
**File Stem:** 0001172661-23-001022
**Filing Date:** 2023-2
**Character Count:** 25012
**Document Hash:** b2f9aa104d46f20a03bda005d0d5e964
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001172661-23-001022.hdr.sgml**: 20230214

**ACCESSION NUMBER**: 0001172661-23-001022

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230214

**DATE AS OF CHANGE**: 20230214

**EFFECTIVENESS DATE**: 20230214

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TRUE Private Wealth Advisors
- **CENTRAL INDEX KEY:** 0001667074
- **IRS NUMBER:** 900883669
- **STATE OF INCORPORATION:** OR
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-17403
- **FILM NUMBER:** 23624927

**BUSINESS ADDRESS:**
- **STREET 1:** 388 STATE ST SUITE 1000
- **CITY:** SALEM
- **STATE:** OR
- **ZIP:** 97301
- **BUSINESS PHONE:** 5034003317

**MAIL ADDRESS:**
- **STREET 1:** 388 STATE ST SUITE 1000
- **CITY:** SALEM
- **STATE:** OR
- **ZIP:** 97301

### 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:** TRUE Private Wealth Advisors<br>**Address:** 388 State St Suite 1000<br>Salem, OR 97301

**Form 13F File Number:** 028-17403

**CRD Number (if applicable):** 000164947

**SEC File Number (if applicable):** 801-76997

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:** STEVE ALTMAN<br>**Title:** CCO<br>**Phone:** 503-400-3317

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

/s/ STEVE ALTMAN  Salem, OR  02-14-2023<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:** 221

**Form 13F Information Table Value Total:** $649355238

      (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 |
| 22ND CENTY GROUP INC | COM | 90137F103 |  | 179846 | 195379 | SH |  | SOLE |  | 0 | 0 | 195379 |
| 3M CO | COM | 88579Y101 |  | 3323480 | 27714 | SH |  | SOLE |  | 0 | 0 | 27714 |
| ABBOTT LABS | COM | 002824100 |  | 589471 | 5369 | SH |  | SOLE |  | 0 | 0 | 5369 |
| ABBVIE INC | COM | 00287Y109 |  | 5370114 | 33229 | SH |  | SOLE |  | 0 | 0 | 33229 |
| AGILENT TECHNOLOGIES INC | COM | 00846U101 |  | 370982 | 2479 | SH |  | SOLE |  | 0 | 0 | 2479 |
| ALASKA AIR GROUP INC | COM | 011659109 |  | 498876 | 11618 | SH |  | SOLE |  | 0 | 0 | 11618 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 258985 | 2940 | SH |  | SOLE |  | 0 | 0 | 2940 |
| ALLIANCEBERNSTEIN NATL MUN I | COM | 01864U106 |  | 114756 | 10950 | SH |  | SOLE |  | 0 | 0 | 10950 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 2978292 | 33756 | SH |  | SOLE |  | 0 | 0 | 33756 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 1763864 | 19879 | SH |  | SOLE |  | 0 | 0 | 19879 |
| ALPS ETF TR | ALERIAN MLP | 00162Q452 |  | 294229 | 7729 | SH |  | SOLE |  | 0 | 0 | 7729 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 649020 | 14199 | SH |  | SOLE |  | 0 | 0 | 14199 |
| AMAZON COM INC | COM | 023135106 |  | 5073430 | 60398 | SH |  | SOLE |  | 0 | 0 | 60398 |
| AMCOR PLC | ORD | G0250X107 |  | 158677 | 13323 | SH |  | SOLE |  | 0 | 0 | 13323 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 |  | 325299 | 3426 | SH |  | SOLE |  | 0 | 0 | 3426 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 231074 | 1091 | SH |  | SOLE |  | 0 | 0 | 1091 |
| AMERICAN WTR WKS CO INC NEW | COM | 030420103 |  | 291884 | 1915 | SH |  | SOLE |  | 0 | 0 | 1915 |
| AMGEN INC | COM | 031162100 |  | 369809 | 1408 | SH |  | SOLE |  | 0 | 0 | 1408 |
| ANHEUSER BUSCH INBEV SA/NV | SPONSORED ADR | 03524A108 |  | 536203 | 8931 | SH |  | SOLE |  | 0 | 0 | 8931 |
| AON PLC | SHS CL A | G0403H108 |  | 260650 | 868 | SH |  | SOLE |  | 0 | 0 | 868 |
| APPLE INC | COM | 037833100 |  | 21885871 | 168444 | SH |  | SOLE |  | 0 | 0 | 168444 |
| APPLIED MATLS INC | COM | 038222105 |  | 554137 | 5690 | SH |  | SOLE |  | 0 | 0 | 5690 |
| AT INC | COM | 00206R102 |  | 354495 | 19256 | SH |  | SOLE |  | 0 | 0 | 19256 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 300247 | 1257 | SH |  | SOLE |  | 0 | 0 | 1257 |
| AUTOZONE INC | COM | 053332102 |  | 286077 | 116 | SH |  | SOLE |  | 0 | 0 | 116 |
| BANK AMERICA CORP | COM | 060505104 |  | 2652156 | 80077 | SH |  | SOLE |  | 0 | 0 | 80077 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 4954367 | 16039 | SH |  | SOLE |  | 0 | 0 | 16039 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 |  | 468711 | 1 | SH |  | SOLE |  | 0 | 0 | 1 |
| BLACKSTONE INC | COM | 09260D107 |  | 468309 | 6312 | SH |  | SOLE |  | 0 | 0 | 6312 |
| BOEING CO | COM | 097023105 |  | 1984412 | 10417 | SH |  | SOLE |  | 0 | 0 | 10417 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 3922301 | 54514 | SH |  | SOLE |  | 0 | 0 | 54514 |
| BROADCOM INC | COM | 11135F101 |  | 351195 | 628 | SH |  | SOLE |  | 0 | 0 | 628 |
| CALIFORNIA WTR SVC GROUP | COM | 130788102 |  | 436608 | 7200 | SH |  | SOLE |  | 0 | 0 | 7200 |
| CANOO INC | COM CL A | 13803R102 |  | 13872 | 11278 | SH |  | SOLE |  | 0 | 0 | 11278 |
| CATERPILLAR INC | COM | 149123101 |  | 1017676 | 4248 | SH |  | SOLE |  | 0 | 0 | 4248 |
| CF INDS HLDGS INC | COM | 125269100 |  | 417906 | 4905 | SH |  | SOLE |  | 0 | 0 | 4905 |
| CHEVRON CORP NEW | COM | 166764100 |  | 6118522 | 34088 | SH |  | SOLE |  | 0 | 0 | 34088 |
| CISCO SYS INC | COM | 17275R102 |  | 914417 | 19194 | SH |  | SOLE |  | 0 | 0 | 19194 |
| CLOROX CO DEL | COM | 189054109 |  | 442460 | 3153 | SH |  | SOLE |  | 0 | 0 | 3153 |
| COCA COLA CO | COM | 191216100 |  | 717541 | 11280 | SH |  | SOLE |  | 0 | 0 | 11280 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 563121 | 16103 | SH |  | SOLE |  | 0 | 0 | 16103 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 2377090 | 20145 | SH |  | SOLE |  | 0 | 0 | 20145 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 3286781 | 7200 | SH |  | SOLE |  | 0 | 0 | 7200 |
| CVS HEALTH CORP | COM | 126650100 |  | 227675 | 2443 | SH |  | SOLE |  | 0 | 0 | 2443 |
| DEERE  CO | COM | 244199105 |  | 495647 | 1156 | SH |  | SOLE |  | 0 | 0 | 1156 |
| DEVON ENERGY CORP NEW | COM | 25179M103 |  | 256651 | 4173 | SH |  | SOLE |  | 0 | 0 | 4173 |
| DIGITAL RLTY TR INC | COM | 253868103 |  | 200540 | 2000 | SH |  | SOLE |  | 0 | 0 | 2000 |
| DIMENSIONAL ETF TRUST | US EQUITY ETF | 25434V401 |  | 271630 | 6528 | SH |  | SOLE |  | 0 | 0 | 6528 |
| DIREXION SHS ETF TR | DLY ENRGY BULL2X | 25460G609 |  | 1272026 | 19114 | SH |  | SOLE |  | 0 | 0 | 19114 |
| DIREXION SHS ETF TR | DLY TECH BULL 3X | 25459W102 |  | 724634 | 32789 | SH |  | SOLE |  | 0 | 0 | 32789 |
| DIREXION SHS ETF TR | 20YR TRES BEAR | 25460G849 |  | 4869602 | 35740 | SH |  | SOLE |  | 0 | 0 | 35740 |
| DIREXION SHS ETF TR | 7 10YR TRES BEAR | 25459W557 |  | 889188 | 66160 | SH |  | SOLE |  | 0 | 0 | 66160 |
| DISNEY WALT CO | COM | 254687106 |  | 505785 | 5822 | SH |  | SOLE |  | 0 | 0 | 5822 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 234186 | 2274 | SH |  | SOLE |  | 0 | 0 | 2274 |
| DUTCH BROS INC | CL A | 26701L100 |  | 2256080 | 80031 | SH |  | SOLE |  | 0 | 0 | 80031 |
| EMERSON ELEC CO | COM | 291011104 |  | 3968200 | 41310 | SH |  | SOLE |  | 0 | 0 | 41310 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 129859 | 10940 | SH |  | SOLE |  | 0 | 0 | 10940 |
| EXPEDITORS INTL WASH INC | COM | 302130109 |  | 250871 | 2414 | SH |  | SOLE |  | 0 | 0 | 2414 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 5307584 | 48120 | SH |  | SOLE |  | 0 | 0 | 48120 |
| FIRST TR EXCHNG TRADED FD VI | TCW OPPORTUNIS | 33740F805 |  | 511211 | 11640 | SH |  | SOLE |  | 0 | 0 | 11640 |
| FIRST TR MORNINGSTAR DIVID L | SHS | 336917109 |  | 15833922 | 433094 | SH |  | SOLE |  | 0 | 0 | 433094 |
| FISERV INC | COM | 337738108 |  | 345824 | 3422 | SH |  | SOLE |  | 0 | 0 | 3422 |
| FORD MTR CO DEL | COM | 345370860 |  | 598941 | 51500 | SH |  | SOLE |  | 0 | 0 | 51500 |
| FORTINET INC | COM | 34959E109 |  | 922310 | 18865 | SH |  | SOLE |  | 0 | 0 | 18865 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 274551 | 1107 | SH |  | SOLE |  | 0 | 0 | 1107 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 212908 | 2480 | SH |  | SOLE |  | 0 | 0 | 2480 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 3577471 | 10418 | SH |  | SOLE |  | 0 | 0 | 10418 |
| HERSHEY CO | COM | 427866108 |  | 237359 | 1025 | SH |  | SOLE |  | 0 | 0 | 1025 |
| HEWLETT PACKARD ENTERPRISE C | COM | 42824C109 |  | 256343 | 16062 | SH |  | SOLE |  | 0 | 0 | 16062 |
| HOME DEPOT INC | COM | 437076102 |  | 1004917 | 3182 | SH |  | SOLE |  | 0 | 0 | 3182 |
| HONEYWELL INTL INC | COM | 438516106 |  | 702045 | 3276 | SH |  | SOLE |  | 0 | 0 | 3276 |
| ILLINOIS TOOL WKS INC | COM | 452308109 |  | 200258 | 909 | SH |  | SOLE |  | 0 | 0 | 909 |
| INTEL CORP | COM | 458140100 |  | 392102 | 14835 | SH |  | SOLE |  | 0 | 0 | 14835 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 297350 | 2898 | SH |  | SOLE |  | 0 | 0 | 2898 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 809997 | 5749 | SH |  | SOLE |  | 0 | 0 | 5749 |
| INTUIT | COM | 461202103 |  | 293562 | 754 | SH |  | SOLE |  | 0 | 0 | 754 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 298253 | 1124 | SH |  | SOLE |  | 0 | 0 | 1124 |
| INVESCO EXCH TRADED FD TR II | S 500 HB ETF | 46138E370 |  | 223055 | 3579 | SH |  | SOLE |  | 0 | 0 | 3579 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 15722338 | 111309 | SH |  | SOLE |  | 0 | 0 | 111309 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 2413151 | 9062 | SH |  | SOLE |  | 0 | 0 | 9062 |
| IRON MTN INC DEL | COM | 46284V101 |  | 526668 | 10565 | SH |  | SOLE |  | 0 | 0 | 10565 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 |  | 1350437 | 39041 | SH |  | SOLE |  | 0 | 0 | 39041 |
| ISHARES INC | MSCI EMERG MRKT | 464286533 |  | 684463 | 12902 | SH |  | SOLE |  | 0 | 0 | 12902 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 |  | 225386 | 4826 | SH |  | SOLE |  | 0 | 0 | 4826 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 1638964 | 17318 | SH |  | SOLE |  | 0 | 0 | 17318 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 |  | 637882 | 10349 | SH |  | SOLE |  | 0 | 0 | 10349 |
| ISHARES TR | TIPS BD ETF | 464287176 |  | 1434411 | 13476 | SH |  | SOLE |  | 0 | 0 | 13476 |
| ISHARES TR | U.S. TECH ETF | 464287721 |  | 426673 | 5728 | SH |  | SOLE |  | 0 | 0 | 5728 |
| ISHARES TR | CORE S TTL STK | 464287150 |  | 59516667 | 701847 | SH |  | SOLE |  | 0 | 0 | 701847 |
| ISHARES TR | ISHARES BIOTECH | 464287556 |  | 768494 | 5853 | SH |  | SOLE |  | 0 | 0 | 5853 |
| ISHARES TR | CORE S US GWT | 464287671 |  | 506672 | 6215 | SH |  | SOLE |  | 0 | 0 | 6215 |
| ISHARES TR | RUSEL 2500 ETF | 46435G268 |  | 246355 | 4636 | SH |  | SOLE |  | 0 | 0 | 4636 |
| ISHARES TR | MSCI USA MIN VOL | 46429B697 |  | 435485 | 6040 | SH |  | SOLE |  | 0 | 0 | 6040 |
| ISHARES TR | 0-5YR HI YL CP | 46434V407 |  | 1105107 | 27026 | SH |  | SOLE |  | 0 | 0 | 27026 |
| ISHARES TR | FALN ANGLS USD | 46435G474 |  | 279854 | 11372 | SH |  | SOLE |  | 0 | 0 | 11372 |
| ISHARES TR | MODERT ALLOC ETF | 464289875 |  | 713341 | 18767 | SH |  | SOLE |  | 0 | 0 | 18767 |
| ISHARES TR | ISHS 1-5YR INVS | 464288646 |  | 257181 | 5162 | SH |  | SOLE |  | 0 | 0 | 5162 |
| ISHARES TR | S 500 VAL ETF | 464287408 |  | 1530144 | 10548 | SH |  | SOLE |  | 0 | 0 | 10548 |
| ISHARES TR | CORE S US VLU | 464287663 |  | 375356 | 5314 | SH |  | SOLE |  | 0 | 0 | 5314 |
| ISHARES TR | AGGRES ALLOC ETF | 464289859 |  | 1703673 | 28513 | SH |  | SOLE |  | 0 | 0 | 28513 |
| ISHARES TR | MORTGE REL ETF | 46435G342 |  | 315865 | 13921 | SH |  | SOLE |  | 0 | 0 | 13921 |
| ISHARES TR | US TREAS BD ETF | 46429B267 |  | 2521454 | 110979 | SH |  | SOLE |  | 0 | 0 | 110979 |
| ISHARES TR | EAFE VALUE ETF | 464288877 |  | 1071734 | 23359 | SH |  | SOLE |  | 0 | 0 | 23359 |
| ISHARES TR | ESG AWR MSCI USA | 46435G425 |  | 2657326 | 31355 | SH |  | SOLE |  | 0 | 0 | 31355 |
| ISHARES TR | IBOXX INV CP ETF | 464287242 |  | 745111 | 7067 | SH |  | SOLE |  | 0 | 0 | 7067 |
| ISHARES TR | 1 3 YR TREAS BD | 464287457 |  | 128534412 | 1583521 | SH |  | SOLE |  | 0 | 0 | 1583521 |
| ISHARES TR | SHORT TREAS BD | 464288679 |  | 50767192 | 461856 | SH |  | SOLE |  | 0 | 0 | 461856 |
| ISHARES TR | SELECT DIVID ETF | 464287168 |  | 3558788 | 29509 | SH |  | SOLE |  | 0 | 0 | 29509 |
| ISHARES TR | NATIONAL MUN ETF | 464288414 |  | 330172 | 3129 | SH |  | SOLE |  | 0 | 0 | 3129 |
| ISHARES TR | ESG AWR US AGRGT | 46435U549 |  | 262820 | 5623 | SH |  | SOLE |  | 0 | 0 | 5623 |
| ISHARES TR | 0-5 YR TIPS ETF | 46429B747 |  | 237422 | 2449 | SH |  | SOLE |  | 0 | 0 | 2449 |
| ISHARES TR | MBS ETF | 464288588 |  | 3569321 | 38483 | SH |  | SOLE |  | 0 | 0 | 38483 |
| ISHARES TR | CORE MSCI TOTAL | 46432F834 |  | 25490339 | 440400 | SH |  | SOLE |  | 0 | 0 | 440400 |
| ISHARES TR | CORE S ETF | 464287200 |  | 4935561 | 12846 | SH |  | SOLE |  | 0 | 0 | 12846 |
| ISHARES TR | U.S. ENERGY ETF | 464287796 |  | 407838 | 8773 | SH |  | SOLE |  | 0 | 0 | 8773 |
| ISHARES TR | U.S. FIN SVC ETF | 464287770 |  | 305431 | 1939 | SH |  | SOLE |  | 0 | 0 | 1939 |
| ISHARES TR | GRWT ALLOCAT ETF | 464289867 |  | 5072221 | 107553 | SH |  | SOLE |  | 0 | 0 | 107553 |
| ISHARES TR | MSCI USA MMENTM | 46432F396 |  | 247903 | 1699 | SH |  | SOLE |  | 0 | 0 | 1699 |
| ISHARES TR | S 500 GRWT ETF | 464287309 |  | 775886 | 13263 | SH |  | SOLE |  | 0 | 0 | 13263 |
| ISHARES TR | EAFE GRWTH ETF | 464288885 |  | 854512 | 10202 | SH |  | SOLE |  | 0 | 0 | 10202 |
| ISHARES TR | 10-20 YR TRS ETF | 464288653 |  | 606121 | 5603 | SH |  | SOLE |  | 0 | 0 | 5603 |
| ISHARES TR | BLACKROCK ULTRA | 46434V878 |  | 511114 | 10214 | SH |  | SOLE |  | 0 | 0 | 10214 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 1136382 | 4698 | SH |  | SOLE |  | 0 | 0 | 4698 |
| ISHARES TR | CORE TOTAL USD | 46434V613 |  | 5325337 | 118525 | SH |  | SOLE |  | 0 | 0 | 118525 |
| ISHARES TR | US BR DEL SE ETF | 464288794 |  | 1411822 | 14687 | SH |  | SOLE |  | 0 | 0 | 14687 |
| ISHARES TR | RUS 1000 ETF | 464287622 |  | 1055968 | 5016 | SH |  | SOLE |  | 0 | 0 | 5016 |
| ISHARES TR | JPMORGAN USD EMG | 464288281 |  | 235496 | 2784 | SH |  | SOLE |  | 0 | 0 | 2784 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 |  | 37758300 | 248983 | SH |  | SOLE |  | 0 | 0 | 248983 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 34342153 | 354079 | SH |  | SOLE |  | 0 | 0 | 354079 |
| ISHARES TR | CORE DIV GRWTH | 46434V621 |  | 233498 | 4670 | SH |  | SOLE |  | 0 | 0 | 4670 |
| ISHARES TR | CONV BD ETF | 46435G102 |  | 240598 | 3463 | SH |  | SOLE |  | 0 | 0 | 3463 |
| ISHARES U S ETF TR | GSCI CMDTY STGY | 46431W853 |  | 410472 | 14561 | SH |  | SOLE |  | 0 | 0 | 14561 |
| J P MORGAN EXCHANGE TRADED F | EQUITY PREMIUM | 46641Q332 |  | 377895 | 6935 | SH |  | SOLE |  | 0 | 0 | 6935 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 3219027 | 18223 | SH |  | SOLE |  | 0 | 0 | 18223 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 5169511 | 38550 | SH |  | SOLE |  | 0 | 0 | 38550 |
| KEYSIGHT TECHNOLOGIES INC | COM | 49338L103 |  | 241893 | 1414 | SH |  | SOLE |  | 0 | 0 | 1414 |
| KIMBERLY-CLARK CORP | COM | 494368103 |  | 758069 | 5584 | SH |  | SOLE |  | 0 | 0 | 5584 |
| KROGER CO | COM | 501044101 |  | 352073 | 7898 | SH |  | SOLE |  | 0 | 0 | 7898 |
| LILLY ELI  CO | COM | 532457108 |  | 4327628 | 11829 | SH |  | SOLE |  | 0 | 0 | 11829 |
| LOUISIANA PAC CORP | COM | 546347105 |  | 353781 | 5976 | SH |  | SOLE |  | 0 | 0 | 5976 |
| LOWES COS INC | COM | 548661107 |  | 485349 | 2436 | SH |  | SOLE |  | 0 | 0 | 2436 |
| LULULEMON ATHLETICA INC | COM | 550021109 |  | 206965 | 646 | SH |  | SOLE |  | 0 | 0 | 646 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 313710 | 902 | SH |  | SOLE |  | 0 | 0 | 902 |
| MCDONALDS CORP | COM | 580135101 |  | 683728 | 2594 | SH |  | SOLE |  | 0 | 0 | 2594 |
| MERCK  CO INC | COM | 58933Y105 |  | 725287 | 6537 | SH |  | SOLE |  | 0 | 0 | 6537 |
| META PLATFORMS INC | CL A | 30303M102 |  | 508255 | 4223 | SH |  | SOLE |  | 0 | 0 | 4223 |
| METLIFE INC | COM | 59156R108 |  | 373123 | 5156 | SH |  | SOLE |  | 0 | 0 | 5156 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 202285 | 4047 | SH |  | SOLE |  | 0 | 0 | 4047 |
| MICROSOFT CORP | COM | 594918104 |  | 12951358 | 54004 | SH |  | SOLE |  | 0 | 0 | 54004 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 406765 | 6103 | SH |  | SOLE |  | 0 | 0 | 6103 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 701894 | 8256 | SH |  | SOLE |  | 0 | 0 | 8256 |
| MOSAIC CO NEW | COM | 61945C103 |  | 364998 | 8320 | SH |  | SOLE |  | 0 | 0 | 8320 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 |  | 219787 | 853 | SH |  | SOLE |  | 0 | 0 | 853 |
| NETFLIX INC | COM | 64110L106 |  | 258315 | 876 | SH |  | SOLE |  | 0 | 0 | 876 |
| NEW YORK CMNTY BANCORP INC | COM | 649445103 |  | 123229 | 14329 | SH |  | SOLE |  | 0 | 0 | 14329 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 231603 | 2770 | SH |  | SOLE |  | 0 | 0 | 2770 |
| NIKE INC | CL B | 654106103 |  | 2701837 | 23091 | SH |  | SOLE |  | 0 | 0 | 23091 |
| NORTHWEST NAT HLDG CO | COM | 66765N105 |  | 1020327 | 21440 | SH |  | SOLE |  | 0 | 0 | 21440 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 1163812 | 7964 | SH |  | SOLE |  | 0 | 0 | 7964 |
| ORACLE CORP | COM | 68389X105 |  | 373052 | 4564 | SH |  | SOLE |  | 0 | 0 | 4564 |
| PACER FDS TR | US CASH COWS 100 | 69374H881 |  | 2916259 | 63054 | SH |  | SOLE |  | 0 | 0 | 63054 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 503251 | 3607 | SH |  | SOLE |  | 0 | 0 | 3607 |
| PAYCHEX INC | COM | 704326107 |  | 416596 | 3605 | SH |  | SOLE |  | 0 | 0 | 3605 |
| PEPSICO INC | COM | 713448108 |  | 4931371 | 27296 | SH |  | SOLE |  | 0 | 0 | 27296 |
| PFIZER INC | COM | 717081103 |  | 6519444 | 127233 | SH |  | SOLE |  | 0 | 0 | 127233 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 1247211 | 12323 | SH |  | SOLE |  | 0 | 0 | 12323 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 1061769 | 7006 | SH |  | SOLE |  | 0 | 0 | 7006 |
| PROSHARES TR | SHORT S 500 NE | 74347B425 |  | 1232865 | 76910 | SH |  | SOLE |  | 0 | 0 | 76910 |
| PROSHARES TR | ULTRASHRT S | 74347G416 |  | 551954 | 12007 | SH |  | SOLE |  | 0 | 0 | 12007 |
| PROSHARES TR | SHRT 20+YR TRE | 74347X849 |  | 309893 | 13664 | SH |  | SOLE |  | 0 | 0 | 13664 |
| PROSHARES TR II | ULTRA VIX SHORT | 74347Y839 |  | 171569 | 25010 | SH |  | SOLE |  | 0 | 0 | 25010 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 312957 | 3147 | SH |  | SOLE |  | 0 | 0 | 3147 |
| PUBLIC STORAGE | COM | 74460D109 |  | 332586 | 1187 | SH |  | SOLE |  | 0 | 0 | 1187 |
| QUALCOMM INC | COM | 747525103 |  | 267275 | 2431 | SH |  | SOLE |  | 0 | 0 | 2431 |
| RAYTHEON TECHNOLOGIES CORP | COM | 75513E101 |  | 4150449 | 41126 | SH |  | SOLE |  | 0 | 0 | 41126 |
| SALESFORCE INC | COM | 79466L302 |  | 842742 | 6356 | SH |  | SOLE |  | 0 | 0 | 6356 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 |  | 561766 | 7437 | SH |  | SOLE |  | 0 | 0 | 7437 |
| SELECT SECTOR SPDR TR | COMMUNICATION | 81369Y852 |  | 2980925 | 62116 | SH |  | SOLE |  | 0 | 0 | 62116 |
| SELECT SECTOR SPDR TR | SBI CONS STPLS | 81369Y308 |  | 301928 | 4050 | SH |  | SOLE |  | 0 | 0 | 4050 |
| SELECT SECTOR SPDR TR | SBI CONS DISCR | 81369Y407 |  | 3077690 | 23829 | SH |  | SOLE |  | 0 | 0 | 23829 |
| SELECT SECTOR SPDR TR | SBI INT-INDS | 81369Y704 |  | 2534965 | 25812 | SH |  | SOLE |  | 0 | 0 | 25812 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 |  | 1027846 | 11751 | SH |  | SOLE |  | 0 | 0 | 11751 |
| SELECT SECTOR SPDR TR | FINANCIAL | 81369Y605 |  | 3482517 | 101828 | SH |  | SOLE |  | 0 | 0 | 101828 |
| SELECT SECTOR SPDR TR | SBI INT-UTILS | 81369Y886 |  | 805948 | 11432 | SH |  | SOLE |  | 0 | 0 | 11432 |
| SERVICENOW INC | COM | 81762P102 |  | 242669 | 625 | SH |  | SOLE |  | 0 | 0 | 625 |
| SIGA TECHNOLOGIES INC | COM | 826917106 |  | 398279 | 54114 | SH |  | SOLE |  | 0 | 0 | 54114 |
| SIRIUS XM HOLDINGS INC | COM | 82968B103 |  | 79938 | 13688 | SH |  | SOLE |  | 0 | 0 | 13688 |
| SNAP INC | CL A | 83304A106 |  | 311564 | 34812 | SH |  | SOLE |  | 0 | 0 | 34812 |
| SOUTHERN CO | COM | 842587107 |  | 284283 | 3981 | SH |  | SOLE |  | 0 | 0 | 3981 |
| SOUTHWEST AIRLS CO | COM | 844741108 |  | 372842 | 11073 | SH |  | SOLE |  | 0 | 0 | 11073 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 900958 | 5311 | SH |  | SOLE |  | 0 | 0 | 5311 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 1160713 | 3035 | SH |  | SOLE |  | 0 | 0 | 3035 |
| SPDR SER TR | S REGL BKG | 78464A698 |  | 342701 | 5834 | SH |  | SOLE |  | 0 | 0 | 5834 |
| SPDR SER TR | BBG CONV SEC ETF | 78464A359 |  | 263093 | 4089 | SH |  | SOLE |  | 0 | 0 | 4089 |
| STARBUCKS CORP | COM | 855244109 |  | 1182215 | 11917 | SH |  | SOLE |  | 0 | 0 | 11917 |
| TARGET CORP | COM | 87612E106 |  | 348349 | 2337 | SH |  | SOLE |  | 0 | 0 | 2337 |
| TESLA INC | COM | 88160R101 |  | 1380488 | 11207 | SH |  | SOLE |  | 0 | 0 | 11207 |
| TEXAS INSTRS INC | COM | 882508104 |  | 241386 | 1461 | SH |  | SOLE |  | 0 | 0 | 1461 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 585114 | 1063 | SH |  | SOLE |  | 0 | 0 | 1063 |
| TJX COS INC NEW | COM | 872540109 |  | 228653 | 2873 | SH |  | SOLE |  | 0 | 0 | 2873 |
| UMPQUA HLDGS CORP | COM | 904214103 |  | 542200 | 30375 | SH |  | SOLE |  | 0 | 0 | 30375 |
| UNION PAC CORP | COM | 907818108 |  | 255939 | 1236 | SH |  | SOLE |  | 0 | 0 | 1236 |
| UNITED BANKSHARES INC WEST V | COM | 909907107 |  | 203624 | 5029 | SH |  | SOLE |  | 0 | 0 | 5029 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 408932 | 2352 | SH |  | SOLE |  | 0 | 0 | 2352 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 780825 | 1473 | SH |  | SOLE |  | 0 | 0 | 1473 |
| US BANCORP DEL | COM NEW | 902973304 |  | 2335937 | 53564 | SH |  | SOLE |  | 0 | 0 | 53564 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 295198 | 2103 | SH |  | SOLE |  | 0 | 0 | 2103 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 681071 | 8257 | SH |  | SOLE |  | 0 | 0 | 8257 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 465456 | 3065 | SH |  | SOLE |  | 0 | 0 | 3065 |
| VANGUARD WORLD FDS | INF TECH ETF | 92204A702 |  | 8117363 | 25414 | SH |  | SOLE |  | 0 | 0 | 25414 |
| VANGUARD WORLD FDS | HEALTH CAR ETF | 92204A504 |  | 4192295 | 16901 | SH |  | SOLE |  | 0 | 0 | 16901 |
| VANGUARD WORLD FDS | CONSUM STP ETF | 92204A207 |  | 2083301 | 10875 | SH |  | SOLE |  | 0 | 0 | 10875 |
| VERICITY INC | COM | 92347D100 |  | 124110 | 16548 | SH |  | SOLE |  | 0 | 0 | 16548 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 2145164 | 54446 | SH |  | SOLE |  | 0 | 0 | 54446 |
| VISA INC | COM CL A | 92826C839 |  | 1282107 | 6171 | SH |  | SOLE |  | 0 | 0 | 6171 |
| WALMART INC | COM | 931142103 |  | 365630 | 2579 | SH |  | SOLE |  | 0 | 0 | 2579 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 1059747 | 25666 | SH |  | SOLE |  | 0 | 0 | 25666 |
| WESTERN ASSET INTER MUNI FD | COM | 958435109 |  | 92674 | 12210 | SH |  | SOLE |  | 0 | 0 | 12210 |
| WEYERHAEUSER CO MTN BE | COM NEW | 962166104 |  | 375973 | 12128 | SH |  | SOLE |  | 0 | 0 | 12128 |
| WISDOMTREE TR | US TOTAL DIVIDND | 97717W109 |  | 229666 | 3787 | SH |  | SOLE |  | 0 | 0 | 3787 |
| XYLEM INC | COM | 98419M100 |  | 230428 | 2084 | SH |  | SOLE |  | 0 | 0 | 2084 |

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