# EDGAR Filing Document

**Accession Number:** 0001727269
**File Stem:** 0001727269-25-000002
**Filing Date:** 2025-10
**Character Count:** 26949
**Document Hash:** 4bda9d0bc6d5d8dc545e158ca1abdb31
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001727269-25-000002.hdr.sgml**: 20251016

**ACCESSION NUMBER**: 0001727269-25-000002

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251016

**DATE AS OF CHANGE**: 20251016

**EFFECTIVENESS DATE**: 20251016

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Columbus Macro, LLC
- **CENTRAL INDEX KEY:** 0001727269

**ORGANIZATION NAME:**
- **EIN:** 814450311
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1217

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-18249
- **FILM NUMBER:** 251398354

**BUSINESS ADDRESS:**
- **STREET 1:** 242 ROSEWOOD DR
- **CITY:** NEW CASTLE
- **STATE:** PA
- **ZIP:** 16105
- **BUSINESS PHONE:** 724-761-2514

**MAIL ADDRESS:**
- **STREET 1:** 242 ROSEWOOD DR
- **CITY:** NEW CASTLE
- **STATE:** PA
- **ZIP:** 16105

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 09-30-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Columbus Macro LLC<br>**Address:** 242 ROSEWOOD DR<br>NEW CASTLE, PA 16105

**Form 13F File Number:** 028-18249

**CRD Number (if applicable):** 000286374

**SEC File Number (if applicable):** 801-110635

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:** Lon Gerber<br>**Title:** President<br>**Phone:** 724-761-2510

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

/s/  Lon Gerber  Scottsdate, AZ  10-16-2025<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:** 208

**Form 13F Information Table Value Total:** $878546246

      (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 |
| 3M CO | COM | 88579Y101 | BBG001S5T7X2 | 2715821 | 17501 | SH |  | SOLE |  | 17501 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 | BBG0025Y4RZ3 | 6720768 | 29026 | SH |  | SOLE |  | 29026 | 0 | 0 |
| ABRDN ETFS | BBRG ALL COMMDY | 003261203 | BBG00G9CGXD4 | 9480920 | 275929 | SH |  | SOLE |  | 275929 | 0 | 0 |
| ABRDN SILVER ETF TRUST | PHYSCL SILVR SHS | 003264108 | BBG001T56K58 | 796192 | 17900 | SH |  | SOLE |  | 17900 | 0 | 0 |
| AFLAC INC | COM | 001055102 | BBG001S5NGJ4 | 7561462 | 67694 | SH |  | SOLE |  | 67694 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 | BBG009S39JY5 | 731007 | 3007 | SH |  | SOLE |  | 3007 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 | BBG009S3NB21 | 383138 | 1573 | SH |  | SOLE |  | 1573 | 0 | 0 |
| ALTSHARES TRUST | MERGER ARBITRAGE | 02210T108 | BBG00S7NVRB4 | 803545 | 27718 | SH |  | SOLE |  | 27718 | 0 | 0 |
| AMGEN INC | COM | 031162100 | BBG001S5NNL6 | 5366346 | 19016 | SH |  | SOLE |  | 19016 | 0 | 0 |
| AMPLIFY ETF TR | BLOCKCHAIN LDR | 032108607 | BBG00JRH3FV0 | 5837910 | 87081 | SH |  | SOLE |  | 87081 | 0 | 0 |
| ANNALY CAPITAL MANAGEMENT IN | COM NEW | 035710839 | BBG001S8J4S0 | 7689030 | 380457 | SH |  | SOLE |  | 380457 | 0 | 0 |
| ANTERO MIDSTREAM CORP | COM | 03676B102 | BBG00GBNZ4N9 | 13066691 | 672155 | SH |  | SOLE |  | 672155 | 0 | 0 |
| APPLE INC | COM | 037833100 | BBG001S5N8V8 | 8773474 | 34456 | SH |  | SOLE |  | 34456 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 | BBG001S5NMM7 | 256744 | 1254 | SH |  | SOLE |  | 1254 | 0 | 0 |
| ARES CAPITAL CORP | COM | 04010L103 | BBG001SL96Z9 | 10307995 | 505046 | SH |  | SOLE |  | 505046 | 0 | 0 |
| ASTRAZENECA PLC | SPONSORED ADR | 046353108 | BBG001SB80N8 | 2566509 | 33453 | SH |  | SOLE |  | 33453 | 0 | 0 |
| AT INC | COM | 00206R102 | BBG001S5VWH2 | 2418354 | 85636 | SH |  | SOLE |  | 85636 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 | BBG001S82KF6 | 7259387 | 24734 | SH |  | SOLE |  | 24734 | 0 | 0 |
| BANK NEW YORK MELLON CORP | COM | 064058100 | BBG001S5P6Q6 | 396120 | 3635 | SH |  | SOLE |  | 3635 | 0 | 0 |
| BLACKROCK INC | COM | 09290D101 | BBG01PSW2WR0 | 6939710 | 5952 | SH |  | SOLE |  | 5952 | 0 | 0 |
| BLACKSTONE SECD LENDING FD | COMMON STOCK | 09261X102 | BBG00MS80PP0 | 8154154 | 312779 | SH |  | SOLE |  | 312779 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 | BBG00KHY5SY8 | 10171429 | 30831 | SH |  | SOLE |  | 30831 | 0 | 0 |
| BROADSTONE NET LEASE INC | COM | 11135E203 | BBG001T61WG3 | 10990005 | 614998 | SH |  | SOLE |  | 614998 | 0 | 0 |
| CAPITAL SOUTHWEST CORP | COM | 140501107 | BBG001S5Q7P4 | 6970875 | 318887 | SH |  | SOLE |  | 318887 | 0 | 0 |
| CARDINAL HEALTH INC | COM | 14149Y108 | BBG001S7PC34 | 5733574 | 36529 | SH |  | SOLE |  | 36529 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 | BBG001S67ZC5 | 314839 | 2027 | SH |  | SOLE |  | 2027 | 0 | 0 |
| CINTAS CORP | COM | 172908105 | BBG001S7CRG1 | 6862848 | 33435 | SH |  | SOLE |  | 33435 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 | BBG001S6HC62 | 3469900 | 50715 | SH |  | SOLE |  | 50715 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 | BBG001S72ZG4 | 4455509 | 43897 | SH |  | SOLE |  | 43897 | 0 | 0 |
| CORTEVA INC | COM | 22052L104 | BBG00BN969D0 | 217295 | 3213 | SH |  | SOLE |  | 3213 | 0 | 0 |
| CUMMINS INC | COM | 231021106 | BBG001S5Q9M3 | 7976303 | 18885 | SH |  | SOLE |  | 18885 | 0 | 0 |
| DBX ETF TR | XTRACK MSCI EAFE | 233051630 | BBG009RY6HH4 | 12180429 | 414019 | SH |  | SOLE |  | 414019 | 0 | 0 |
| DBX ETF TR | XTRACK MSCI EAFE | 233051200 | BBG001S9Z3V8 | 4874524 | 105009 | SH |  | SOLE |  | 105009 | 0 | 0 |
| DBX ETF TR | XTRACK MUN INFRA | 233051705 | BBG004LV7GH8 | 1172688 | 47535 | SH |  | SOLE |  | 47535 | 0 | 0 |
| DBX ETF TR | XTRACK USD HIGH | 233051432 | BBG00FGWY4G5 | 324280 | 8738 | SH |  | SOLE |  | 8738 | 0 | 0 |
| DBX ETF TR | XTRACKERS LOW | 233051267 | BBG00JQCHVS6 | 22459860 | 474939 | SH |  | SOLE |  | 474939 | 0 | 0 |
| EBAY INC. | COM | 278642103 | BBG001S9B9J5 | 385359 | 4237 | SH |  | SOLE |  | 4237 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 | BBG001S5STL8 | 228900 | 300 | SH |  | SOLE |  | 300 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 | BBG001S5QVT7 | 289782 | 2209 | SH |  | SOLE |  | 2209 | 0 | 0 |
| ENBRIDGE INC | COM | 29250N105 | BBG001S6Q6D7 | 15563780 | 308410 | SH |  | SOLE |  | 308410 | 0 | 0 |
| EOG RES INC | COM | 26875P101 | BBG001S5ZB93 | 253167 | 2258 | SH |  | SOLE |  | 2258 | 0 | 0 |
| ETF SER SOLUTIONS | DEFIANCE QUANTUM | 26922A420 | BBG00LWJ3BF2 | 205204 | 1956 | SH |  | SOLE |  | 1956 | 0 | 0 |
| EXCHANGE LISTED FDS TR | SABA INT RATE | 30151E806 | BBG00G3T51V5 | 5100618 | 7436 | SH |  | SOLE |  | 7436 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 | BBG001S69V32 | 2572216 | 22813 | SH |  | SOLE |  | 22813 | 0 | 0 |
| F5 INC | COM | 315616102 | BBG001SCP8D1 | 425641 | 1317 | SH |  | SOLE |  | 1317 | 0 | 0 |
| FIDUS INVT CORP | COM | 316500107 | BBG001V0MG11 | 8133571 | 401460 | SH |  | SOLE |  | 401460 | 0 | 0 |
| FIRST TR EXCHANGE TRADED FD | NASD TECH DIV | 33738R118 | BBG00393GRN5 | 228532 | 2318 | SH |  | SOLE |  | 2318 | 0 | 0 |
| FIRST TR EXCHNG TRADED FD VI | FT VEST US | 33740F771 | BBG00RPLC4T3 | 317473 | 6822 | SH |  | SOLE |  | 6822 | 0 | 0 |
| FORTINET INC | COM | 34959E109 | BBG001S77BL6 | 281248 | 3345 | SH |  | SOLE |  | 3345 | 0 | 0 |
| GENERAL DYNAMICS CORP | COM | 369550108 | BBG001S5RHP1 | 2947771 | 8644 | SH |  | SOLE |  | 8644 | 0 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 | BBG001S6Y1X7 | 2660249 | 23966 | SH |  | SOLE |  | 23966 | 0 | 0 |
| GLOBAL X FDS | ARTIFICIAL ETF | 37954Y632 | BBG00KX8KH01 | 586210 | 11869 | SH |  | SOLE |  | 11869 | 0 | 0 |
| GLOBAL X FDS | FINTECH ETF | 37954Y814 | BBG00DSB46V4 | 255523 | 7623 | SH |  | SOLE |  | 7623 | 0 | 0 |
| GLOBAL X FDS | GLBL X MLP ETF | 37954Y343 | BBG002WKD6P0 | 8657885 | 178808 | SH |  | SOLE |  | 178808 | 0 | 0 |
| GLOBAL X FDS | GLOBAL X SILVER | 37954Y848 | BBG001SSPRJ8 | 889251 | 12415 | SH |  | SOLE |  | 12415 | 0 | 0 |
| GLOBAL X FDS | GLOBAL X URANIUM | 37954Y871 | BBG001TF8NP6 | 978760 | 20532 | SH |  | SOLE |  | 20532 | 0 | 0 |
| GLOBAL X FDS | RATE PREFERRED | 37954Y376 | BBG00VNLZSW4 | 10162068 | 439536 | SH |  | SOLE |  | 439536 | 0 | 0 |
| GLOBAL X FDS | US PFD ETF | 37954Y657 | BBG00HPF2LX6 | 5229653 | 269154 | SH |  | SOLE |  | 269154 | 0 | 0 |
| GRAINGER W W INC | COM | 384802104 | BBG001S5RRD2 | 5879731 | 6170 | SH |  | SOLE |  | 6170 | 0 | 0 |
| GRANITESHARES GOLD TR | SHS BEN INT | 38748G101 | BBG00HBPWNP1 | 10325362 | 271292 | SH |  | SOLE |  | 271292 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 | BBG001S5RTW7 | 6922173 | 17084 | SH |  | SOLE |  | 17084 | 0 | 0 |
| HUMANA INC | COM | 444859102 | BBG001S5S1X6 | 202416 | 778 | SH |  | SOLE |  | 778 | 0 | 0 |
| INNOVATOR ETFS TRUST | US EQTY PWR BF | 45782C680 | BBG00PVP39R2 | 317473 | 7475 | SH |  | SOLE |  | 7475 | 0 | 0 |
| INVESCO ACTVELY MNGD ETC FD | AGRI CMDTY STRA | 46090F308 | BBG0196RJS01 | 2109350 | 59160 | SH |  | SOLE |  | 59160 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | CHINA TECHNLGY | 46138E800 | BBG00KXH5265 | 235863 | 3997 | SH |  | SOLE |  | 3997 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | WATER RES ETF | 46137V142 | BBG001SPPQG9 | 482324 | 6689 | SH |  | SOLE |  | 6689 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 | BBG001S9GN63 | 532528 | 887 | SH |  | SOLE |  | 887 | 0 | 0 |
| ISHARES BITCOIN TRUST ETF | SHS BEN INT | 46438F101 | BBG01KYQ6QS5 | 1205490 | 18546 | SH |  | SOLE |  | 18546 | 0 | 0 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 | BBG001SJK6D5 | 2062874 | 28348 | SH |  | SOLE |  | 28348 | 0 | 0 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 | BBG003HC3DG9 | 12538099 | 190202 | SH |  | SOLE |  | 190202 | 0 | 0 |
| ISHARES INC | MSCI EMERG MRKT | 464286533 | BBG0025X3FS0 | 207831 | 3256 | SH |  | SOLE |  | 3256 | 0 | 0 |
| ISHARES INC | MSCI EURZONE ETF | 464286608 | BBG001SFQPM5 | 1841910 | 29737 | SH |  | SOLE |  | 29737 | 0 | 0 |
| ISHARES INC | MSCI MEXICO ETF | 464286822 | BBG001S8SYQ6 | 1365973 | 20026 | SH |  | SOLE |  | 20026 | 0 | 0 |
| ISHARES SILVER TR | ISHARES | 46428Q109 | BBG001SQLN69 | 1141109 | 26932 | SH |  | SOLE |  | 26932 | 0 | 0 |
| ISHARES TR | 0-5 YR TIPS ETF | 46429B747 | BBG001TG5H89 | 9583533 | 92720 | SH |  | SOLE |  | 92720 | 0 | 0 |
| ISHARES TR | 20+ YEAR TR BD | 46436E338 | BBG01958XYG8 | 14587411 | 623927 | SH |  | SOLE |  | 623927 | 0 | 0 |
| ISHARES TR | 3 7 YR TREAS BD | 464288661 | BBG001SSD812 | 1240633 | 10381 | SH |  | SOLE |  | 10381 | 0 | 0 |
| ISHARES TR | 7-10 YR TRSY BD | 464287440 | BBG001S80936 | 3094547 | 32081 | SH |  | SOLE |  | 32081 | 0 | 0 |
| ISHARES TR | CMBS ETF | 46429B366 | BBG002NCLTH8 | 635113 | 12943 | SH |  | SOLE |  | 12943 | 0 | 0 |
| ISHARES TR | CORE 1 5 YR USD | 46432F859 | BBG003HC6JD6 | 1309512 | 26812 | SH |  | SOLE |  | 26812 | 0 | 0 |
| ISHARES TR | CORE INTL AGGR | 46435G672 | BBG00BDV2SQ0 | 3618785 | 70638 | SH |  | SOLE |  | 70638 | 0 | 0 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 | BBG003H6TRS0 | 1099947 | 12598 | SH |  | SOLE |  | 12598 | 0 | 0 |
| ISHARES TR | CORE MSCI EURO | 46434V738 | BBG006MJ8984 | 321663 | 4722 | SH |  | SOLE |  | 4722 | 0 | 0 |
| ISHARES TR | CORE MSCI INTL | 46435G326 | BBG00G9DM0M7 | 19716547 | 245934 | SH |  | SOLE |  | 245934 | 0 | 0 |
| ISHARES TR | CORE MSCI PAC | 46434V696 | BBG006MJG5T0 | 6387387 | 86986 | SH |  | SOLE |  | 86986 | 0 | 0 |
| ISHARES TR | CORE MSCI TOTAL | 46432F834 | BBG003H6TMV7 | 679138 | 8224 | SH |  | SOLE |  | 8224 | 0 | 0 |
| ISHARES TR | CORE S SCP ETF | 464287804 | BBG001SFC7W9 | 5088030 | 42818 | SH |  | SOLE |  | 42818 | 0 | 0 |
| ISHARES TR | CORE S TTL STK | 464287150 | BBG001SHTRL5 | 5819340 | 39954 | SH |  | SOLE |  | 39954 | 0 | 0 |
| ISHARES TR | CORE S US GWT | 464287671 | BBG001SFQL99 | 4087584 | 24842 | SH |  | SOLE |  | 24842 | 0 | 0 |
| ISHARES TR | CORE S US VLU | 464287663 | BBG001SFQL80 | 6139479 | 61425 | SH |  | SOLE |  | 61425 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 | BBG001SFB7R6 | 16110335 | 24070 | SH |  | SOLE |  | 24070 | 0 | 0 |
| ISHARES TR | CORE TOTAL USD | 46434V613 | BBG006MJCSW0 | 2096025 | 44873 | SH |  | SOLE |  | 44873 | 0 | 0 |
| ISHARES TR | CORE US AGGBD ET | 464287226 | BBG001SM1QT8 | 9176898 | 91540 | SH |  | SOLE |  | 91540 | 0 | 0 |
| ISHARES TR | EAFE SML CP ETF | 464288273 | BBG001SYVWS7 | 303950 | 3962 | SH |  | SOLE |  | 3962 | 0 | 0 |
| ISHARES TR | EAFE VALUE ETF | 464288877 | BBG001SNYBH6 | 2142614 | 31588 | SH |  | SOLE |  | 31588 | 0 | 0 |
| ISHARES TR | EXPANDED TECH | 464287515 | BBG001S7W2J1 | 1572647 | 13674 | SH |  | SOLE |  | 13674 | 0 | 0 |
| ISHARES TR | FUTURE AI  TECH | 46435U556 | BBG00L9G3V33 | 294182 | 6426 | SH |  | SOLE |  | 6426 | 0 | 0 |
| ISHARES TR | GLOBAL TECH ETF | 464287291 | BBG001S60KQ0 | 1873881 | 18156 | SH |  | SOLE |  | 18156 | 0 | 0 |
| ISHARES TR | INTL TREA BD ETF | 464288117 | BBG001T33MN2 | 2059582 | 48347 | SH |  | SOLE |  | 48347 | 0 | 0 |
| ISHARES TR | JPMORGAN USD EMG | 464288281 | BBG001SQS9Y2 | 1286683 | 13517 | SH |  | SOLE |  | 13517 | 0 | 0 |
| ISHARES TR | MBS ETF | 464288588 | BBG001SSD8B1 | 5599291 | 58847 | SH |  | SOLE |  | 58847 | 0 | 0 |
| ISHARES TR | MSCI ACWI ETF | 464288257 | BBG001S56QV7 | 1155011 | 8355 | SH |  | SOLE |  | 8355 | 0 | 0 |
| ISHARES TR | MSCI INTL MOMENT | 46434V449 | BBG007WGK4B0 | 3192734 | 66682 | SH |  | SOLE |  | 66682 | 0 | 0 |
| ISHARES TR | MSCI USA MIN VOL | 46429B697 | BBG0025X2G81 | 487312 | 5122 | SH |  | SOLE |  | 5122 | 0 | 0 |
| ISHARES TR | NATIONAL MUN ETF | 464288414 | BBG001SZV978 | 208294 | 1956 | SH |  | SOLE |  | 1956 | 0 | 0 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 | BBG001S56320 | 3990394 | 8519 | SH |  | SOLE |  | 8519 | 0 | 0 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 | BBG001S562P7 | 4724393 | 23205 | SH |  | SOLE |  | 23205 | 0 | 0 |
| ISHARES TR | RUS MID CAP ETF | 464287499 | BBG001SJCNS1 | 1843479 | 19094 | SH |  | SOLE |  | 19094 | 0 | 0 |
| ISHARES TR | S 100 ETF | 464287101 | BBG001SGB026 | 1227514 | 3688 | SH |  | SOLE |  | 3688 | 0 | 0 |
| ISHARES TR | S 500 GRWT ETF | 464287309 | BBG001S561Q8 | 291177 | 2412 | SH |  | SOLE |  | 2412 | 0 | 0 |
| ISHARES TR | SHRT NAT MUN ETF | 464288158 | BBG001SLS4Q3 | 202562 | 1897 | SH |  | SOLE |  | 1897 | 0 | 0 |
| ISHARES TR | TIPS BD ETF | 464287176 | BBG001SD9RM5 | 743728 | 6687 | SH |  | SOLE |  | 6687 | 0 | 0 |
| ISHARES TR | U S EQUITY FACTR | 46434V282 | BBG008LNYFB5 | 286198 | 4143 | SH |  | SOLE |  | 4143 | 0 | 0 |
| ISHARES TR | USD INV GRDE ETF | 464288620 | BBG001SSD876 | 6600817 | 126404 | SH |  | SOLE |  | 126404 | 0 | 0 |
| ISHARES U S ETF TR | GSCI CMDTY STGY | 46431W853 | BBG0079TF237 | 815542 | 30374 | SH |  | SOLE |  | 30374 | 0 | 0 |
| J P MORGAN EXCHANGE TRADED F | EQUITY PREMIUM | 46641Q332 | BBG00TSG0SK6 | 14520559 | 254301 | SH |  | SOLE |  | 254301 | 0 | 0 |
| J P MORGAN EXCHANGE TRADED F | US QUALTY FCTR | 46641Q761 | BBG00J5DPW97 | 5461010 | 86807 | SH |  | SOLE |  | 86807 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 | BBG001S5SHQ9 | 6622199 | 35715 | SH |  | SOLE |  | 35715 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 | BBG001S8CRC3 | 592464 | 1878 | SH |  | SOLE |  | 1878 | 0 | 0 |
| KENVUE INC | COM | 49177J102 | BBG01C79X614 | 4924496 | 303419 | SH |  | SOLE |  | 303419 | 0 | 0 |
| KIMBERLY-CLARK CORP | COM | 494368103 | BBG001S5SLZ0 | 7399481 | 59510 | SH |  | SOLE |  | 59510 | 0 | 0 |
| KINDER MORGAN INC DEL | COM | 49456B101 | BBG001TG2YZ5 | 12268848 | 433375 | SH |  | SOLE |  | 433375 | 0 | 0 |
| KLA CORP | COM NEW | 482480100 | BBG001S5SLM4 | 7150128 | 6629 | SH |  | SOLE |  | 6629 | 0 | 0 |
| L3HARRIS TECHNOLOGIES INC | COM | 502431109 | BBG001S5S0N9 | 8118465 | 26582 | SH |  | SOLE |  | 26582 | 0 | 0 |
| LITMAN GREGORY FDS TR | IMGP DBI MANAGED | 53700T827 | BBG00P35J8L8 | 1121971 | 41083 | SH |  | SOLE |  | 41083 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 | BBG001S7PS57 | 6745090 | 13512 | SH |  | SOLE |  | 13512 | 0 | 0 |
| LOUISIANA PAC CORP | COM | 546347105 | BBG001S5SW04 | 210462 | 2369 | SH |  | SOLE |  | 2369 | 0 | 0 |
| M  T BK CORP | COM | 55261F104 | BBG001S7S2B4 | 2288877 | 11582 | SH |  | SOLE |  | 11582 | 0 | 0 |
| MCKESSON CORP | COM | 58155Q103 | BBG001S8F8P8 | 237713 | 308 | SH |  | SOLE |  | 308 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 | BBG001S5T2S9 | 8166665 | 85748 | SH |  | SOLE |  | 85748 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 | BBG001S5TD05 | 8430708 | 16277 | SH |  | SOLE |  | 16277 | 0 | 0 |
| MID-AMER APT CMNTYS INC | COM | 59522J103 | BBG001S7HZ69 | 7945357 | 56862 | SH |  | SOLE |  | 56862 | 0 | 0 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 | BBG001S5T9L1 | 5808200 | 12701 | SH |  | SOLE |  | 12701 | 0 | 0 |
| NUCOR CORP | COM | 670346105 | BBG001S5TRV0 | 6201625 | 45792 | SH |  | SOLE |  | 45792 | 0 | 0 |
| OMEGA HEALTHCARE INVS INC | COM | 681936100 | BBG001S736L1 | 8730435 | 206784 | SH |  | SOLE |  | 206784 | 0 | 0 |
| OMNICOM GROUP INC | COM | 681919106 | BBG001S5VR10 | 238943 | 2931 | SH |  | SOLE |  | 2931 | 0 | 0 |
| ONEOK INC NEW | COM | 682680103 | BBG001S5TWK1 | 11327530 | 155235 | SH |  | SOLE |  | 155235 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 | BBG001S5SJG6 | 523813 | 1863 | SH |  | SOLE |  | 1863 | 0 | 0 |
| PARKER-HANNIFIN CORP | COM | 701094104 | BBG001S5V554 | 9469810 | 12491 | SH |  | SOLE |  | 12491 | 0 | 0 |
| PAYCHEX INC | COM | 704326107 | BBG001S5V135 | 1643081 | 12962 | SH |  | SOLE |  | 12962 | 0 | 0 |
| PEPSICO INC | COM | 713448108 | BBG001S695T1 | 277466 | 1976 | SH |  | SOLE |  | 1976 | 0 | 0 |
| PHILLIPS EDISON  CO INC | COMMON STOCK | 71844V201 | BBG011RJST56 | 205122 | 5975 | SH |  | SOLE |  | 5975 | 0 | 0 |
| POTLATCHDELTIC CORPORATION | COM | 737630103 | BBG001S5V215 | 7042831 | 172830 | SH |  | SOLE |  | 172830 | 0 | 0 |
| PRINCIPAL FINANCIAL GROUP IN | COM | 74251V102 | BBG001SD3148 | 2151063 | 25945 | SH |  | SOLE |  | 25945 | 0 | 0 |
| PUBLIC STORAGE OPER CO | COM | 74460D109 | BBG001S5TH79 | 7812902 | 27048 | SH |  | SOLE |  | 27048 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 | BBG001S6VS70 | 9772454 | 58743 | SH |  | SOLE |  | 58743 | 0 | 0 |
| RIO TINTO PLC | SPONSORED ADR | 767204100 | BBG001SB0LX9 | 1848170 | 27998 | SH |  | SOLE |  | 27998 | 0 | 0 |
| RITHM CAPITAL CORP | COM NEW | 64828T201 | BBG003T1GM12 | 3530637 | 309977 | SH |  | SOLE |  | 309977 | 0 | 0 |
| ROYAL BK CDA | COM | 780087102 | BBG001S60869 | 2563093 | 17398 | SH |  | SOLE |  | 17398 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 | BBG001S5T5M8 | 5758347 | 11831 | SH |  | SOLE |  | 11831 | 0 | 0 |
| SCHWAB STRATEGIC TR | 1 5YR CORP BD | 808524714 | BBG00PZFDF86 | 10814886 | 433549 | SH |  | SOLE |  | 433549 | 0 | 0 |
| SCHWAB STRATEGIC TR | INTL SCEQT ETF | 808524888 | BBG001T6L7C0 | 4547789 | 99929 | SH |  | SOLE |  | 99929 | 0 | 0 |
| SCHWAB STRATEGIC TR | INT-TRM U.S TRES | 808524854 | BBG001T9F7C1 | 3342667 | 133015 | SH |  | SOLE |  | 133015 | 0 | 0 |
| SCHWAB STRATEGIC TR | MUN BD ETF | 808524649 | BBG019GV63H2 | 1096908 | 42831 | SH |  | SOLE |  | 42831 | 0 | 0 |
| SCHWAB STRATEGIC TR | US AGGREGATE B | 808524839 | BBG001WBMLH8 | 13919331 | 593069 | SH |  | SOLE |  | 593069 | 0 | 0 |
| SCHWAB STRATEGIC TR | US LCAP GR ETF | 808524300 | BBG001T66WN0 | 2333033 | 73113 | SH |  | SOLE |  | 73113 | 0 | 0 |
| SCHWAB STRATEGIC TR | US LCAP VA ETF | 808524409 | BBG001T66WQ7 | 6741423 | 231584 | SH |  | SOLE |  | 231584 | 0 | 0 |
| SCHWAB STRATEGIC TR | US MID-CAP ETF | 808524508 | BBG001V036R6 | 4209161 | 142009 | SH |  | SOLE |  | 142009 | 0 | 0 |
| SCHWAB STRATEGIC TR | US SML CAP ETF | 808524607 | BBG001T5XQW5 | 2125142 | 76170 | SH |  | SOLE |  | 76170 | 0 | 0 |
| SCHWAB STRATEGIC TR | US TIPS ETF | 808524870 | BBG001T9F777 | 5392308 | 200086 | SH |  | SOLE |  | 200086 | 0 | 0 |
| SELECT SECTOR SPDR TR | COMMUNICATION | 81369Y852 | BBG00L5F9FV7 | 1014549 | 8571 | SH |  | SOLE |  | 8571 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI HEALTHCARE | 81369Y209 | BBG001S7SCQ6 | 2316678 | 16646 | SH |  | SOLE |  | 16646 | 0 | 0 |
| SIXTH STREET SPECIALTY LENDI | COM | 83012A109 | BBG001V064L4 | 11357074 | 496810 | SH |  | SOLE |  | 496810 | 0 | 0 |
| SOUTHERN CO | COM | 842587107 | BBG001S5W777 | 2119757 | 22367 | SH |  | SOLE |  | 22367 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 | BBG001SCPX28 | 1164520 | 3276 | SH |  | SOLE |  | 3276 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 | BBG001S72SM3 | 255813 | 384 | SH |  | SOLE |  | 384 | 0 | 0 |
| SPDR SERIES TRUST | PORT MTG BK ETF | 78464A383 | BBG001T2HF72 | 316561 | 14107 | SH |  | SOLE |  | 14107 | 0 | 0 |
| SPDR SERIES TRUST | PORTFOLIO INTRMD | 78464A375 | BBG001T2HCY9 | 5003593 | 147642 | SH |  | SOLE |  | 147642 | 0 | 0 |
| SPDR SERIES TRUST | PORTFOLIO LN TSR | 78464A664 | BBG001STKCY7 | 7432821 | 275800 | SH |  | SOLE |  | 275800 | 0 | 0 |
| SPDR SERIES TRUST | S HOMEBUILD | 78464A888 | BBG001SQDKH2 | 1539268 | 13892 | SH |  | SOLE |  | 13892 | 0 | 0 |
| SPDR SERIES TRUST | S METALS MNG | 78464A755 | BBG001SMH2W0 | 508817 | 5460 | SH |  | SOLE |  | 5460 | 0 | 0 |
| STARWOOD PPTY TR INC | COM | 85571B105 | BBG001T4JCN5 | 8791794 | 453887 | SH |  | SOLE |  | 453887 | 0 | 0 |
| STATE STR CORP | COM | 857477103 | BBG001S5RLD5 | 2691016 | 23196 | SH |  | SOLE |  | 23196 | 0 | 0 |
| STEEL DYNAMICS INC | COM | 858119100 | BBG001S98JK5 | 289875 | 2079 | SH |  | SOLE |  | 2079 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 | BBG001S8FR03 | 5085512 | 13757 | SH |  | SOLE |  | 13757 | 0 | 0 |
| SYSCO CORP | COM | 871829107 | BBG001S5WJS8 | 9502917 | 115411 | SH |  | SOLE |  | 115411 | 0 | 0 |
| TOTALENERGIES SE | SPONSORED ADS | 89151E109 | BBG001S6WYD9 | 2357962 | 39503 | SH |  | SOLE |  | 39503 | 0 | 0 |
| UNILEVER PLC | SPON ADR NEW | 904767704 | BBG001S5X1K4 | 2547966 | 42982 | SH |  | SOLE |  | 42982 | 0 | 0 |
| VALERO ENERGY CORP | COM | 91913Y100 | BBG001S5X8K9 | 235907 | 1386 | SH |  | SOLE |  | 1386 | 0 | 0 |
| VANECK ETF TRUST | GOLD MINERS ETF | 92189F106 | BBG001SR42Z0 | 1435556 | 18790 | SH |  | SOLE |  | 18790 | 0 | 0 |
| VANECK ETF TRUST | JP MRGAN EM LOC | 92189H300 | BBG001T9BPT7 | 748693 | 29349 | SH |  | SOLE |  | 29349 | 0 | 0 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 | BBG001SHTTS4 | 286856 | 598 | SH |  | SOLE |  | 598 | 0 | 0 |
| VANGUARD INDEX FDS | MCAP GR IDXVIP | 922908538 | BBG001SRN7S6 | 274987 | 936 | SH |  | SOLE |  | 936 | 0 | 0 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 | BBG001SHVTS1 | 2741182 | 9332 | SH |  | SOLE |  | 9332 | 0 | 0 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 | BBG001TC6MC1 | 8798990 | 14369 | SH |  | SOLE |  | 14369 | 0 | 0 |
| VANGUARD INDEX FDS | SM CP VAL ETF | 922908611 | BBG001SHVTR2 | 5992602 | 28713 | SH |  | SOLE |  | 28713 | 0 | 0 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 | BBG001SHTTV0 | 2473800 | 9729 | SH |  | SOLE |  | 9729 | 0 | 0 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 | BBG001SHTB03 | 1684385 | 5133 | SH |  | SOLE |  | 5133 | 0 | 0 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 | BBG001SHVR78 | 1491920 | 8000 | SH |  | SOLE |  | 8000 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 | BBG001SP7T00 | 2778600 | 38932 | SH |  | SOLE |  | 38932 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 | BBG001SHTTZ6 | 4963306 | 91608 | SH |  | SOLE |  | 91608 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | FTSE SMCAP ETF | 922042718 | BBG001T0SKD6 | 9149552 | 64185 | SH |  | SOLE |  | 64185 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | TT WRLD ST ETF | 922042742 | BBG001T2YZG9 | 487399 | 3537 | SH |  | SOLE |  | 3537 | 0 | 0 |
| VANGUARD MALVERN FDS | STRM INFPROIDX | 922020805 | BBG003H12XS7 | 2484768 | 49077 | SH |  | SOLE |  | 49077 | 0 | 0 |
| VANGUARD MUN BD FDS | TAX EXEMPT BD | 922907746 | BBG009THVRX1 | 1463146 | 29222 | SH |  | SOLE |  | 29222 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | INTER TERM TREAS | 92206C706 | BBG001T62M92 | 276078 | 4599 | SH |  | SOLE |  | 4599 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | INT-TERM CORP | 92206C870 | BBG001T62M38 | 296067 | 3520 | SH |  | SOLE |  | 3520 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | MTG-BKD SECS ETF | 92206C771 | BBG001T62MF5 | 4328752 | 92180 | SH |  | SOLE |  | 92180 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 92206C409 | BBG001T62KZ7 | 304998 | 3816 | SH |  | SOLE |  | 3816 | 0 | 0 |
| VANGUARD STAR FDS | VG TL INTL STK F | 921909768 | BBG001TJR1D8 | 3972129 | 54072 | SH |  | SOLE |  | 54072 | 0 | 0 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 | BBG001SSPWL4 | 4319669 | 72091 | SH |  | SOLE |  | 72091 | 0 | 0 |
| VANGUARD WHITEHALL FDS | EM MK GOV BD ETF | 921946885 | BBG004N1LYJ5 | 13843206 | 206924 | SH |  | SOLE |  | 206924 | 0 | 0 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 | BBG001SS0V24 | 1531881 | 10868 | SH |  | SOLE |  | 10868 | 0 | 0 |
| VICI PPTYS INC | COM | 925652109 | BBG00HVVB4B6 | 5133601 | 157424 | SH |  | SOLE |  | 157424 | 0 | 0 |
| WALMART INC | COM | 931142103 | BBG001S5XH92 | 6342168 | 61539 | SH |  | SOLE |  | 61539 | 0 | 0 |
| WILLIAMS COS INC | COM | 969457100 | BBG001S5XH10 | 11126702 | 175639 | SH |  | SOLE |  | 175639 | 0 | 0 |
| WISDOMTREE TR | EMG MKTS SMCAP | 97717W281 | BBG001SRPT24 | 624875 | 10944 | SH |  | SOLE |  | 10944 | 0 | 0 |
| WISDOMTREE TR | FUTRE STRAT FD | 97717W125 | BBG001V038F5 | 1208421 | 31897 | SH |  | SOLE |  | 31897 | 0 | 0 |

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