# EDGAR Filing Document

**Accession Number:** 0002057208
**File Stem:** 0001754960-25-000353
**Filing Date:** 2025-7
**Character Count:** 44599
**Document Hash:** bd10fa2b2fb845b1948587f27eb42d76
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001754960-25-000353.hdr.sgml**: 20250711

**ACCESSION NUMBER**: 0001754960-25-000353

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250711

**DATE AS OF CHANGE**: 20250710

**EFFECTIVENESS DATE**: 20250711

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Kingstone Capital Partners Texas, LLC
- **CENTRAL INDEX KEY:** 0002057208

**ORGANIZATION NAME:**
- **EIN:** 801119503

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-25387
- **FILM NUMBER:** 251117340

**BUSINESS ADDRESS:**
- **STREET 1:** 6160 WARREN PARKWAY
- **CITY:** FRISCO
- **STATE:** TX
- **ZIP:** 75034
- **BUSINESS PHONE:** 8663611600

**MAIL ADDRESS:**
- **STREET 1:** 6160 WARREN PARKWAY
- **CITY:** FRISCO
- **STATE:** TX
- **ZIP:** 75034

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 06-30-2025

**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:** Kingstone Capital Partners Texas LLC<br>**Address:** 6160 WARREN PARKWAY<br>FRISCO, TX 75034

**Form 13F File Number:** 028-25387

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:** Aryn Sands<br>**Title:** Agent<br>**Phone:** 844-844-3453

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

Aryn Sands  Reno, NV  07-10-2025<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:** 406

**Form 13F Information Table Value Total:** $624209513

      (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 |
| ARCH CAP GROUP LTD | ORD | G0450A105 |  | 6266 | 68730 | SH |  | SOLE |  | 0 | 0 | 68730 |
| CONSOLIDATED WATER CO INC | ORD | G23773107 |  | 31013 | 950512 | SH |  | SOLE |  | 0 | 0 | 950512 |
| GIGACLOUD TECHNOLOGY INC | CLASS A ORD | G38644103 |  | 675 | 30700 | SH |  | SOLE |  | 0 | 0 | 30700 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 7382 | 88944 | SH |  | SOLE |  | 0 | 0 | 88944 |
| ALPHA  OMEGA SEMICONDUCTOR | SHS | G6331P104 |  | 682 | 24960 | SH |  | SOLE |  | 0 | 0 | 24960 |
| STAR FASHION CULTURE HLDGS L | SHS CL A | G8437Q101 |  | 117 | 30000 | SH |  | SOLE |  | 0 | 0 | 30000 |
| ALCON AG | ORD SHS | H01301128 |  | 1511 | 19440 | SH |  | SOLE |  | 0 | 0 | 19440 |
| ZIM INTEGRATED SHIPPING SERV | SHS | M9T951109 |  | 22761 | 985080 | SH |  | SOLE |  | 0 | 0 | 985080 |
| BETTERWARE DE MEXC S A P I D | SHS | P1666E105 |  | 16524 | 1353534 | SH |  | SOLE |  | 0 | 0 | 1353534 |
| COPA HOLDINGS SA | CL A | P31076105 |  | 9392 | 88284 | SH |  | SOLE |  | 0 | 0 | 88284 |
| ROYAL CARIBBEAN GROUP | COM | V7780T103 |  | 16530 | 113424 | SH |  | SOLE |  | 0 | 0 | 113424 |
| ARDMORE SHIPPING CORP | COM | Y0207T100 |  | 28408 | 2189460 | SH |  | SOLE |  | 0 | 0 | 2189460 |
| COSTAMARE INC | SHS | Y1771G102 |  | 32094 | 2938234 | SH |  | SOLE |  | 0 | 0 | 2938234 |
| DANAOS CORPORATION | SHS | Y1968P121 |  | 1737 | 26400 | SH |  | SOLE |  | 0 | 0 | 26400 |
| DORIAN LPG LTD | SHS USD | Y2106R110 |  | 262065 | 6776460 | SH |  | SOLE |  | 0 | 0 | 6776460 |
| GLOBAL SHIP LEASE INC NEW | COM CL A | Y27183600 |  | 49476 | 2610414 | SH |  | SOLE |  | 0 | 0 | 2610414 |
| KENON HLDGS LTD | SHS | Y46717107 |  | 4397 | 83430 | SH |  | SOLE |  | 0 | 0 | 83430 |
| STAR BULK CARRIERS CORP. | SHS PAR | Y8162K204 |  | 71359 | 3317491 | SH |  | SOLE |  | 0 | 0 | 3317491 |
| AGCO CORP | COM | 001084102 |  | 2699 | 24287 | SH |  | SOLE |  | 0 | 0 | 24287 |
| AGNC INVT CORP | COM | 00123Q104 |  | 446651 | 46388062 | SH |  | SOLE |  | 0 | 0 | 46388062 |
| AT INC | COM | 00206R102 |  | 3290122 | 181988858 | SH |  | SOLE |  | 0 | 0 | 181988858 |
| ARK ETF TR | INNOVATION ETF | 00214Q104 |  | 5157 | 108732 | SH |  | SOLE |  | 0 | 0 | 108732 |
| ARK ETF TR | AUTNMUS TECHNLGY | 00214Q203 |  | 7340 | 126153 | SH |  | SOLE |  | 0 | 0 | 126153 |
| ARK ETF TR | GENOMIC REV ETF | 00214Q302 |  | 4360 | 157862 | SH |  | SOLE |  | 0 | 0 | 157862 |
| ARK ETF TR | NEXT GNRTN INTER | 00214Q401 |  | 7992 | 103648 | SH |  | SOLE |  | 0 | 0 | 103648 |
| ARK ETF TR | FINTECH INNOVA | 00214Q708 |  | 6429 | 234288 | SH |  | SOLE |  | 0 | 0 | 234288 |
| ABBOTT LABS | COM | 002824100 |  | 12961 | 106740 | SH |  | SOLE |  | 0 | 0 | 106740 |
| ABBVIE INC | COM | 00287Y109 |  | 500460 | 3134454 | SH |  | SOLE |  | 0 | 0 | 3134454 |
| ACADIA PHARMACEUTICALS INC | COM | 004225108 |  | 230 | 15600 | SH |  | SOLE |  | 0 | 0 | 15600 |
| ADOBE INC | COM | 00724F101 |  | 378950 | 822540 | SH |  | SOLE |  | 0 | 0 | 822540 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 958422 | 6870480 | SH |  | SOLE |  | 0 | 0 | 6870480 |
| AGNICO EAGLE MINES LTD | COM | 008474108 |  | 12721 | 277248 | SH |  | SOLE |  | 0 | 0 | 277248 |
| AIR PRODS  CHEMS INC | COM | 009158106 |  | 3442 | 11280 | SH |  | SOLE |  | 0 | 0 | 11280 |
| ALBEMARLE CORP | COM | 012653101 |  | 7143 | 55500 | SH |  | SOLE |  | 0 | 0 | 55500 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 4274551 | 49013718 | SH |  | SOLE |  | 0 | 0 | 49013718 |
| ALLIANCE RESOURCE PARTNERS L | UT LTD PART | 01877R108 |  | 13681 | 682740 | SH |  | SOLE |  | 0 | 0 | 682740 |
| ALLIANCEBERNSTEIN HLDG L P | UNIT LTD PARTN | 01881G106 |  | 193757 | 5168578 | SH |  | SOLE |  | 0 | 0 | 5168578 |
| ALLOGENE THERAPEUTICS INC | COM | 019770106 |  | 1827 | 344880 | SH |  | SOLE |  | 0 | 0 | 344880 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 20281076 | 135087705 | SH |  | SOLE |  | 0 | 0 | 135087705 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 4590 | 32376 | SH |  | SOLE |  | 0 | 0 | 32376 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 3790 | 70057 | SH |  | SOLE |  | 0 | 0 | 70057 |
| AMAZON COM INC | COM | 023135106 |  | 21765627 | 132641388 | SH |  | SOLE |  | 0 | 0 | 132641388 |
| AMERICAN AIRLS GROUP INC | COM | 02376R102 |  | 9113 | 664200 | SH |  | SOLE |  | 0 | 0 | 664200 |
| AMGEN INC | COM | 031162100 |  | 156812 | 583533 | SH |  | SOLE |  | 0 | 0 | 583533 |
| ANNALY CAPITAL MANAGEMENT IN | COM NEW | 035710839 |  | 100216 | 5094774 | SH |  | SOLE |  | 0 | 0 | 5094774 |
| MIDCAP FINANCIAL INVSTMNT CO | COM NEW | 03761U502 |  | 189382 | 13812738 | SH |  | SOLE |  | 0 | 0 | 13812738 |
| APOLLO COML REAL EST FIN INC | COM | 03762U105 |  | 271921 | 25411467 | SH |  | SOLE |  | 0 | 0 | 25411467 |
| APPLE INC | COM | 037833100 |  | 39065374 | 205692660 | SH |  | SOLE |  | 0 | 0 | 205692660 |
| APPLIED MATLS INC | COM | 038222105 |  | 685565 | 4819994 | SH |  | SOLE |  | 0 | 0 | 4819994 |
| ARBOR REALTY TRUST INC | COM | 038923108 |  | 579656 | 41863968 | SH |  | SOLE |  | 0 | 0 | 41863968 |
| ARES CAPITAL CORP | COM | 04010L103 |  | 877203 | 43817148 | SH |  | SOLE |  | 0 | 0 | 43817148 |
| BAIDU INC | SPON ADR REP A | 056752108 |  | 120588 | 940044 | SH |  | SOLE |  | 0 | 0 | 940044 |
| BANK AMERICA CORP | COM | 060505104 |  | 164623 | 3688182 | SH |  | SOLE |  | 0 | 0 | 3688182 |
| BARINGS BDC INC | COM | 06759L103 |  | 413770 | 43616506 | SH |  | SOLE |  | 0 | 0 | 43616506 |
| BECTON DICKINSON  CO | COM | 075887109 |  | 214183 | 900320 | SH |  | SOLE |  | 0 | 0 | 900320 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 17030655 | 44289870 | SH |  | SOLE |  | 0 | 0 | 44289870 |
| BHP GROUP LTD | SPONSORED ADS | 088606108 |  | 86799 | 1433839 | SH |  | SOLE |  | 0 | 0 | 1433839 |
| BLACK STONE MINERALS L P | COM UNIT | 09225M101 |  | 225819 | 13434351 | SH |  | SOLE |  | 0 | 0 | 13434351 |
| BLACKSTONE MTG TR INC | COM CL A | 09257W100 |  | 52430 | 1823432 | SH |  | SOLE |  | 0 | 0 | 1823432 |
| BLACKSTONE INC | COM | 09260D107 |  | 8500342 | 70132441 | SH |  | SOLE |  | 0 | 0 | 70132441 |
| BLACKSTONE SECD LENDING FD | COMMON STOCK | 09261X102 |  | 6226 | 202185 | SH |  | SOLE |  | 0 | 0 | 202185 |
| BLACKROCK INC | COM | 09290D101 |  | 32358 | 33850 | SH |  | SOLE |  | 0 | 0 | 33850 |
| BOEING CO | COM | 097023105 |  | 337754 | 1806226 | SH |  | SOLE |  | 0 | 0 | 1806226 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 141402 | 2136479 | SH |  | SOLE |  | 0 | 0 | 2136479 |
| BRITISH AMERN TOB PLC | SPONSORED ADR | 110448107 |  | 25393 | 624718 | SH |  | SOLE |  | 0 | 0 | 624718 |
| BROADCOM INC | COM | 11135F101 |  | 37994 | 109687 | SH |  | SOLE |  | 0 | 0 | 109687 |
| BROOKFIELD REAL ASSETS INCOM | SHS BEN INT | 112830104 |  | 152568 | 8488968 | SH |  | SOLE |  | 0 | 0 | 8488968 |
| CSG SYS INTL INC | COM | 126349109 |  | 31656 | 653417 | SH |  | SOLE |  | 0 | 0 | 653417 |
| CVS HEALTH CORP | COM | 126650100 |  | 155185 | 2145239 | SH |  | SOLE |  | 0 | 0 | 2145239 |
| COTERRA ENERGY INC | COM | 127097103 |  | 30325 | 1248735 | SH |  | SOLE |  | 0 | 0 | 1248735 |
| CAMBRIA ETF TR | SHSHLD YIELD ETF | 132061201 |  | 2082 | 30096 | SH |  | SOLE |  | 0 | 0 | 30096 |
| CANADIAN NATL RY CO | COM | 136375102 |  | 310489 | 2690400 | SH |  | SOLE |  | 0 | 0 | 2690400 |
| CAPITAL GROUP GROWTH ETF | SHS CREATION UNI | 14020G101 |  | 918 | 28640 | SH |  | SOLE |  | 0 | 0 | 28640 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 15404369 | 117447497 | SH |  | SOLE |  | 0 | 0 | 117447497 |
| CAPITAL SOUTHWEST CORP | COM | 140501107 |  | 311170 | 13089875 | SH |  | SOLE |  | 0 | 0 | 13089875 |
| CAPITOL FED FINL INC | COM | 14057J101 |  | 48165 | 7363212 | SH |  | SOLE |  | 0 | 0 | 7363212 |
| CARLISLE COS INC | COM | 142339100 |  | 3733 | 14400 | SH |  | SOLE |  | 0 | 0 | 14400 |
| CARNIVAL CORP | UNIT 99/99/9999 | 143658300 |  | 1943 | 99120 | SH |  | SOLE |  | 0 | 0 | 99120 |
| CARPENTER TECHNOLOGY CORP | COM | 144285103 |  | 4729 | 20304 | SH |  | SOLE |  | 0 | 0 | 20304 |
| CATERPILLAR INC | COM | 149123101 |  | 4231 | 14760 | SH |  | SOLE |  | 0 | 0 | 14760 |
| CHARTER COMMUNICATIONS INC N | CL A | 16119P108 |  | 39258 | 107616 | SH |  | SOLE |  | 0 | 0 | 107616 |
| CHENIERE ENERGY INC | COM NEW | 16411R208 |  | 384806 | 1633308 | SH |  | SOLE |  | 0 | 0 | 1633308 |
| CHEVRON CORP NEW | COM | 166764100 |  | 13214757 | 83714936 | SH |  | SOLE |  | 0 | 0 | 83714936 |
| CISCO SYS INC | COM | 17275R102 |  | 672439 | 13037497 | SH |  | SOLE |  | 0 | 0 | 13037497 |
| CLAROS MTG TR INC | COMMON STOCK | 18270D106 |  | 15077 | 884799 | SH |  | SOLE |  | 0 | 0 | 884799 |
| CLEARWAY ENERGY INC | CL A | 18539C105 |  | 495 | 22410 | SH |  | SOLE |  | 0 | 0 | 22410 |
| CLOUGH GLOBAL DIVID  INCOME | COM | 18913Y103 |  | 124488 | 17538295 | SH |  | SOLE |  | 0 | 0 | 17538295 |
| COCA COLA CO | COM | 191216100 |  | 21236 | 337064 | SH |  | SOLE |  | 0 | 0 | 337064 |
| COGNIZANT TECHNOLOGY SOLUTIO | CL A | 192446102 |  | 61753 | 828299 | SH |  | SOLE |  | 0 | 0 | 828299 |
| COHEN  STEERS INFRASTRUCTUR | COM | 19248A109 |  | 103474 | 4220882 | SH |  | SOLE |  | 0 | 0 | 4220882 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 2405 | 66732 | SH |  | SOLE |  | 0 | 0 | 66732 |
| CORNING INC | COM | 219350105 |  | 59289 | 1760030 | SH |  | SOLE |  | 0 | 0 | 1760030 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 1890398 | 2359422 | SH |  | SOLE |  | 0 | 0 | 2359422 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 91720 | 223890 | SH |  | SOLE |  | 0 | 0 | 223890 |
| DANAHER CORPORATION | COM | 235851102 |  | 122999 | 467707 | SH |  | SOLE |  | 0 | 0 | 467707 |
| DATADOG INC | CL A COM | 23804L103 |  | 139151 | 1318020 | SH |  | SOLE |  | 0 | 0 | 1318020 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 338614 | 7856120 | SH |  | SOLE |  | 0 | 0 | 7856120 |
| DEVON ENERGY CORP NEW | COM | 25179M103 |  | 11557 | 221669 | SH |  | SOLE |  | 0 | 0 | 221669 |
| DIMENSIONAL ETF TRUST | INTL CORE EQT MK | 25434V203 |  | 3714 | 118944 | SH |  | SOLE |  | 0 | 0 | 118944 |
| DIMENSIONAL ETF TRUST | EMGR CRE EQT MNG | 25434V302 |  | 2906 | 110880 | SH |  | SOLE |  | 0 | 0 | 110880 |
| DIMENSIONAL ETF TRUST | US EQUITY MARKET | 25434V401 |  | 10185 | 154140 | SH |  | SOLE |  | 0 | 0 | 154140 |
| DISNEY WALT CO | COM | 254687106 |  | 3366265 | 34034346 | SH |  | SOLE |  | 0 | 0 | 34034346 |
| DONALDSON INC | COM | 257651109 |  | 679475 | 10500737 | SH |  | SOLE |  | 0 | 0 | 10500737 |
| DOUBLELINE INCOME SOLUTIONS | COM | 258622109 |  | 96042 | 7926618 | SH |  | SOLE |  | 0 | 0 | 7926618 |
| DOVER CORP | COM | 260003108 |  | 6370 | 33600 | SH |  | SOLE |  | 0 | 0 | 33600 |
| DOW INC | COM | 260557103 |  | 1048 | 27432 | SH |  | SOLE |  | 0 | 0 | 27432 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 4769 | 51610 | SH |  | SOLE |  | 0 | 0 | 51610 |
| DUTCH BROS INC | CL A | 26701L100 |  | 2128 | 76660 | SH |  | SOLE |  | 0 | 0 | 76660 |
| DYNEX CAP INC | COM | 26817Q886 |  | 242772 | 19144836 | SH |  | SOLE |  | 0 | 0 | 19144836 |
| EQT CORP | COM | 26884L109 |  | 2398 | 66300 | SH |  | SOLE |  | 0 | 0 | 66300 |
| ETFIS SER TR I | VIRTUS INFRCAP | 26923G822 |  | 45271 | 2068539 | SH |  | SOLE |  | 0 | 0 | 2068539 |
| EATON VANCE TAX ADVT DIV INC | COM | 27828G107 |  | 26284501 | 1131099919 | SH |  | SOLE |  | 0 | 0 | 1131099919 |
| EATON VANCE TAX-MANAGED DIVE | COM | 27828N102 |  | 292 | 23948 | SH |  | SOLE |  | 0 | 0 | 23948 |
| EATON VANCE TAX-MANAGED BUY- | COM | 27828Y108 |  | 13764913 | 1047504373 | SH |  | SOLE |  | 0 | 0 | 1047504373 |
| EATON VANCE TAX-MANAGED GLOB | COM | 27829F108 |  | 52079 | 6452996 | SH |  | SOLE |  | 0 | 0 | 6452996 |
| ECHOSTAR CORP | CL A | 278768106 |  | 5518 | 344424 | SH |  | SOLE |  | 0 | 0 | 344424 |
| ECOLAB INC | COM | 278865100 |  | 23270 | 116399 | SH |  | SOLE |  | 0 | 0 | 116399 |
| ECOPETROL S A | SPONSORED ADS | 279158109 |  | 3158 | 285360 | SH |  | SOLE |  | 0 | 0 | 285360 |
| EMERGENT BIOSOLUTIONS INC | COM | 29089Q105 |  | 324 | 35520 | SH |  | SOLE |  | 0 | 0 | 35520 |
| EMERSON ELEC CO | COM | 291011104 |  | 3061 | 25668 | SH |  | SOLE |  | 0 | 0 | 25668 |
| ENBRIDGE INC | COM | 29250N105 |  | 3736 | 85920 | SH |  | SOLE |  | 0 | 0 | 85920 |
| ENERGY FUELS INC | COM NEW | 292671708 |  | 38754 | 5134800 | SH |  | SOLE |  | 0 | 0 | 5134800 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 135249 | 9316979 | SH |  | SOLE |  | 0 | 0 | 9316979 |
| ENEL CHILE S.A. | SPONSORED ADR | 29278D105 |  | 9377 | 2933910 | SH |  | SOLE |  | 0 | 0 | 2933910 |
| ENOVIX CORPORATION | COM | 293594107 |  | 18524 | 1277168 | SH |  | SOLE |  | 0 | 0 | 1277168 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 15999 | 590640 | SH |  | SOLE |  | 0 | 0 | 590640 |
| EVERCOMMERCE INC | COM | 29977X105 |  | 5039 | 503400 | SH |  | SOLE |  | 0 | 0 | 503400 |
| EVERGY INC | COM | 30034W106 |  | 2712 | 41472 | SH |  | SOLE |  | 0 | 0 | 41472 |
| EXACT SCIENCES CORP | COM | 30063P105 |  | 15318 | 273936 | SH |  | SOLE |  | 0 | 0 | 273936 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 607621 | 5512493 | SH |  | SOLE |  | 0 | 0 | 5512493 |
| META PLATFORMS INC | CL A | 30303M102 |  | 23984859 | 59775823 | SH |  | SOLE |  | 0 | 0 | 59775823 |
| FEDEX CORP | COM | 31428X106 |  | 26570 | 100957 | SH |  | SOLE |  | 0 | 0 | 100957 |
| FIDUS INVT CORP | COM | 316500107 |  | 549138 | 27409759 | SH |  | SOLE |  | 0 | 0 | 27409759 |
| FIRST TR EXCHANGE-TRADED FD | NY ARCA BIOTECH | 33733E203 |  | 2352314 | 15324213 | SH |  | SOLE |  | 0 | 0 | 15324213 |
| FIRST TR EXCHANGE-TRADED FD | NAS CLNEDG GREEN | 33733E500 |  | 71865 | 1571522 | SH |  | SOLE |  | 0 | 0 | 1571522 |
| FIRST TR EXCHANGE TRADED FD | DORSEY WRT 5 ETF | 33738R605 |  | 4032 | 72000 | SH |  | SOLE |  | 0 | 0 | 72000 |
| FIRST TR EXCHANGE-TRADED FD | SMID RISNG ETF | 33741X102 |  | 1070 | 30660 | SH |  | SOLE |  | 0 | 0 | 30660 |
| FISERV INC | COM | 337738108 |  | 1735 | 10164 | SH |  | SOLE |  | 0 | 0 | 10164 |
| FORD MTR CO | COM | 345370860 |  | 16457 | 1226641 | SH |  | SOLE |  | 0 | 0 | 1226641 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 34041 | 864656 | SH |  | SOLE |  | 0 | 0 | 864656 |
| GABELLI EQUITY TR INC | COM | 362397101 |  | 674594 | 123298660 | SH |  | SOLE |  | 0 | 0 | 123298660 |
| GE HEALTHCARE TECHNOLOGIES I | COMMON STOCK | 36266G107 |  | 7804 | 98805 | SH |  | SOLE |  | 0 | 0 | 98805 |
| GARRETT MOTION INC | COM | 366505105 |  | 117 | 15760 | SH |  | SOLE |  | 0 | 0 | 15760 |
| GE VERNOVA INC | COM | 36828A101 |  | 8408 | 32628 | SH |  | SOLE |  | 0 | 0 | 32628 |
| GE AEROSPACE | COM NEW | 369604301 |  | 104934 | 885807 | SH |  | SOLE |  | 0 | 0 | 885807 |
| GENERAL MTRS CO | COM | 37045V100 |  | 92908 | 2551980 | SH |  | SOLE |  | 0 | 0 | 2551980 |
| GENTEX CORP | COM | 371901109 |  | 5661 | 170664 | SH |  | SOLE |  | 0 | 0 | 170664 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 174069 | 2147411 | SH |  | SOLE |  | 0 | 0 | 2147411 |
| GITLAB INC | CLASS A COM | 37637K108 |  | 21803 | 446280 | SH |  | SOLE |  | 0 | 0 | 446280 |
| GLADSTONE INVT CORP | COM | 376546107 |  | 23814 | 1759421 | SH |  | SOLE |  | 0 | 0 | 1759421 |
| GLOBAL INDUSTRIAL COMPANY | COM | 37892E102 |  | 514 | 15213 | SH |  | SOLE |  | 0 | 0 | 15213 |
| GLOBAL PARTNERS LP | COM UNITS | 37946R109 |  | 108297 | 3389395 | SH |  | SOLE |  | 0 | 0 | 3389395 |
| GLOBAL X FDS | SUPERDIVIDEND | 37960A669 |  | 268155 | 12402814 | SH |  | SOLE |  | 0 | 0 | 12402814 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 12294258 | 29058291 | SH |  | SOLE |  | 0 | 0 | 29058291 |
| GOLDMAN SACHS BDC INC | SHS | 38147U107 |  | 126579 | 8685433 | SH |  | SOLE |  | 0 | 0 | 8685433 |
| GRUPO AEROPORTUARIO DEL CENT | SPON ADR | 400501102 |  | 76203 | 998670 | SH |  | SOLE |  | 0 | 0 | 998670 |
| GUGGENHEIM STRATEGIC OPPORTU | COM SBI | 40167F101 |  | 288109 | 17953239 | SH |  | SOLE |  | 0 | 0 | 17953239 |
| HALLIBURTON CO | COM | 406216101 |  | 397 | 14070 | SH |  | SOLE |  | 0 | 0 | 14070 |
| HERCULES CAPITAL INC | COM | 427096508 |  | 522447 | 28419870 | SH |  | SOLE |  | 0 | 0 | 28419870 |
| HESS MIDSTREAM LP | CL A SHS | 428103105 |  | 22881 | 798117 | SH |  | SOLE |  | 0 | 0 | 798117 |
| HIGH INCOME SECS FD | SHS BEN INT | 42968F108 |  | 868366 | 132105119 | SH |  | SOLE |  | 0 | 0 | 132105119 |
| HOME DEPOT INC | COM | 437076102 |  | 418486 | 1196365 | SH |  | SOLE |  | 0 | 0 | 1196365 |
| HONEYWELL INTL INC | COM | 438516106 |  | 121938 | 604671 | SH |  | SOLE |  | 0 | 0 | 604671 |
| HOWMET AEROSPACE INC | COM | 443201108 |  | 4104 | 33132 | SH |  | SOLE |  | 0 | 0 | 33132 |
| HUDSON TECHNOLOGIES INC | COM | 444144109 |  | 467 | 37440 | SH |  | SOLE |  | 0 | 0 | 37440 |
| INTEL CORP | COM | 458140100 |  | 471825 | 15412728 | SH |  | SOLE |  | 0 | 0 | 15412728 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 3323 | 13692 | SH |  | SOLE |  | 0 | 0 | 13692 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 26641812 | 67615365 | SH |  | SOLE |  | 0 | 0 | 67615365 |
| INVESCO EXCHANGE TRADED FD T | S QUALITY | 46137V241 |  | 3009 | 42588 | SH |  | SOLE |  | 0 | 0 | 42588 |
| INVESCO EXCHANGE TRADED FD T | S PUR VAL | 46137V258 |  | 987768 | 12608400 | SH |  | SOLE |  | 0 | 0 | 12608400 |
| INVESCO EXCHANGE TRADED FD T | S EQL TEC | 46137V282 |  | 257469 | 5385050 | SH |  | SOLE |  | 0 | 0 | 5385050 |
| INVESCO EXCHANGE TRADED FD T | S 500 GARP ETF | 46137V431 |  | 2194 | 21408 | SH |  | SOLE |  | 0 | 0 | 21408 |
| INVESCO EXCHANGE TRADED FD T | S SMCP VLU MNT | 46137V480 |  | 1996 | 37440 | SH |  | SOLE |  | 0 | 0 | 37440 |
| INVESCO EXCH TRADED FD TR II | S LOW VOL | 46138E354 |  | 12626679 | 193822792 | SH |  | SOLE |  | 0 | 0 | 193822792 |
| IRON MTN INC DEL | COM | 46284V101 |  | 6626 | 98400 | SH |  | SOLE |  | 0 | 0 | 98400 |
| ISHARES SILVER TR | ISHARES | 46428Q109 |  | 120748 | 4944120 | SH |  | SOLE |  | 0 | 0 | 4944120 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 |  | 3848 | 110950 | SH |  | SOLE |  | 0 | 0 | 110950 |
| ISHARES INC | MSCI EURZONE ETF | 464286608 |  | 800444 | 16690179 | SH |  | SOLE |  | 0 | 0 | 16690179 |
| ISHARES TR | SELECT DIVID ETF | 464287168 |  | 178925 | 1472169 | SH |  | SOLE |  | 0 | 0 | 1472169 |
| ISHARES TR | TIPS BD ETF | 464287176 |  | 51846 | 479871 | SH |  | SOLE |  | 0 | 0 | 479871 |
| ISHARES TR | CORE S ETF | 464287200 |  | 74209 | 174514 | SH |  | SOLE |  | 0 | 0 | 174514 |
| ISHARES TR | 20 YR TR BD ETF | 464287432 |  | 25180 | 272838 | SH |  | SOLE |  | 0 | 0 | 272838 |
| ISHARES TR | 1 3 YR TREAS BD | 464287457 |  | 3728910 | 45617609 | SH |  | SOLE |  | 0 | 0 | 45617609 |
| ISHARES TR | RUS MD CP GR ETF | 464287481 |  | 1484737 | 14565376 | SH |  | SOLE |  | 0 | 0 | 14565376 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 9078 | 46520 | SH |  | SOLE |  | 0 | 0 | 46520 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 5327776 | 17851227 | SH |  | SOLE |  | 0 | 0 | 17851227 |
| ISHARES TR | RUS 1000 ETF | 464287622 |  | 317814 | 1214071 | SH |  | SOLE |  | 0 | 0 | 1214071 |
| ISHARES TR | CORE S US VLU | 464287663 |  | 1547 | 16464 | SH |  | SOLE |  | 0 | 0 | 16464 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 2049784 | 19254728 | SH |  | SOLE |  | 0 | 0 | 19254728 |
| ISHARES TR | JPMORGAN USD EMG | 464288281 |  | 24864 | 284255 | SH |  | SOLE |  | 0 | 0 | 284255 |
| ISHARES TR | INTL SEL DIV ETF | 464288448 |  | 1292 | 43260 | SH |  | SOLE |  | 0 | 0 | 43260 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 |  | 23369 | 311040 | SH |  | SOLE |  | 0 | 0 | 311040 |
| ISHARES TR | ISHS 1-5YR INVS | 464288646 |  | 3582829 | 70366236 | SH |  | SOLE |  | 0 | 0 | 70366236 |
| ISHARES TR | US AER DEF ETF | 464288760 |  | 22891 | 180863 | SH |  | SOLE |  | 0 | 0 | 180863 |
| ISHARES TR | US REGNL BKS ETF | 464288778 |  | 1115335 | 24248343 | SH |  | SOLE |  | 0 | 0 | 24248343 |
| ISHARES TR | RUS TP200 GR ETF | 464289438 |  | 4399 | 21360 | SH |  | SOLE |  | 0 | 0 | 21360 |
| ISHARES TR | FLTG RATE NT ETF | 46429B655 |  | 61900 | 1221041 | SH |  | SOLE |  | 0 | 0 | 1221041 |
| ISHARES TR | CORE HIGH DV ETF | 46429B663 |  | 1414 | 12054 | SH |  | SOLE |  | 0 | 0 | 12054 |
| ISHARES TR | MSCI USA MIN VOL | 46429B697 |  | 1187 | 13020 | SH |  | SOLE |  | 0 | 0 | 13020 |
| ISHARES TR | MSCI USA VALUE | 46432F388 |  | 5279 | 56199 | SH |  | SOLE |  | 0 | 0 | 56199 |
| ISHARES TR | 0-5YR HI YL CP | 46434V407 |  | 99285 | 2374404 | SH |  | SOLE |  | 0 | 0 | 2374404 |
| ISHARES TR | CORE DIV GRWTH | 46434V621 |  | 142157 | 2740517 | SH |  | SOLE |  | 0 | 0 | 2740517 |
| ISHARES TR | HDG MSCI EAFE | 46434V803 |  | 2793 | 78048 | SH |  | SOLE |  | 0 | 0 | 78048 |
| ISHARES TR | MSCI EAFE SMCP | 46435G839 |  | 1995 | 62160 | SH |  | SOLE |  | 0 | 0 | 62160 |
| ISHARES TR | BROAD USD HIGH | 46435U853 |  | 81334 | 2264431 | SH |  | SOLE |  | 0 | 0 | 2264431 |
| ISHARES TR | 20+ YEAR TR BD | 46436E338 |  | 5522 | 212720 | SH |  | SOLE |  | 0 | 0 | 212720 |
| ISHARES TR | 0-3 MNTH TREASRY | 46436E718 |  | 19376987 | 192787521 | SH |  | SOLE |  | 0 | 0 | 192787521 |
| ISHARES BITCOIN TRUST ETF | SHS BEN INT | 46438F101 |  | 408082 | 7225212 | SH |  | SOLE |  | 0 | 0 | 7225212 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 13077276 | 72897211 | SH |  | SOLE |  | 0 | 0 | 72897211 |
| J P MORGAN EXCHANGE TRADED F | EQUITY PREMIUM | 46641Q332 |  | 22736908 | 401875207 | SH |  | SOLE |  | 0 | 0 | 401875207 |
| J P MORGAN EXCHANGE TRADED F | CORE PLUS BD ETF | 46641Q670 |  | 1365 | 29400 | SH |  | SOLE |  | 0 | 0 | 29400 |
| J P MORGAN EXCHANGE TRADED F | NASDAQ EQT PREM | 46654Q203 |  | 4615759 | 86131764 | SH |  | SOLE |  | 0 | 0 | 86131764 |
| J P MORGAN EXCHANGE TRADED F | HEDGED EQUITY LA | 46654Q724 |  | 2024 | 32396 | SH |  | SOLE |  | 0 | 0 | 32396 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 401420 | 2476715 | SH |  | SOLE |  | 0 | 0 | 2476715 |
| SAFETY SHOT INC | COM NEW | 48208F105 |  | 101 | 62400 | SH |  | SOLE |  | 0 | 0 | 62400 |
| KE HLDGS INC | SPONSORED ADS | 482497104 |  | 3099 | 141210 | SH |  | SOLE |  | 0 | 0 | 141210 |
| KENVUE INC | COM | 49177J102 |  | 712 | 32124 | SH |  | SOLE |  | 0 | 0 | 32124 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 40918 | 2317154 | SH |  | SOLE |  | 0 | 0 | 2317154 |
| LKQ CORP | COM | 501889208 |  | 148558 | 2741220 | SH |  | SOLE |  | 0 | 0 | 2741220 |
| LI AUTO INC | SPONSORED ADS | 50202M102 |  | 369 | 12600 | SH |  | SOLE |  | 0 | 0 | 12600 |
| LENNAR CORP | CL A | 526057104 |  | 595763 | 3841881 | SH |  | SOLE |  | 0 | 0 | 3841881 |
| ELI LILLY  CO | COM | 532457108 |  | 247541 | 319296 | SH |  | SOLE |  | 0 | 0 | 319296 |
| LIVE NATION ENTERTAINMENT IN | COM | 538034109 |  | 71728 | 850770 | SH |  | SOLE |  | 0 | 0 | 850770 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 8209 | 18345 | SH |  | SOLE |  | 0 | 0 | 18345 |
| LUMENTUM HLDGS INC | COM | 55024U109 |  | 2040 | 33630 | SH |  | SOLE |  | 0 | 0 | 33630 |
| M  T BK CORP | COM | 55261F104 |  | 3767 | 20028 | SH |  | SOLE |  | 0 | 0 | 20028 |
| MGM RESORTS INTERNATIONAL | COM | 552953101 |  | 171632 | 4528686 | SH |  | SOLE |  | 0 | 0 | 4528686 |
| MPLX LP | COM UNIT REP LTD | 55336V100 |  | 617241 | 15082390 | SH |  | SOLE |  | 0 | 0 | 15082390 |
| MAGNOLIA OIL  GAS CORP | CL A | 559663109 |  | 10357 | 434263 | SH |  | SOLE |  | 0 | 0 | 434263 |
| MARA HOLDINGS INC | COM | 565788106 |  | 225 | 13800 | SH |  | SOLE |  | 0 | 0 | 13800 |
| MARRIOTT INTL INC NEW | CL A | 571903202 |  | 204808 | 973918 | SH |  | SOLE |  | 0 | 0 | 973918 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 7078 | 148630 | SH |  | SOLE |  | 0 | 0 | 148630 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 8490722 | 20324613 | SH |  | SOLE |  | 0 | 0 | 20324613 |
| MATSON INC | COM | 57686G105 |  | 9592 | 127373 | SH |  | SOLE |  | 0 | 0 | 127373 |
| MCCORMICK  CO INC | COM NON VTG | 579780206 |  | 1517 | 20496 | SH |  | SOLE |  | 0 | 0 | 20496 |
| MCDONALDS CORP | COM | 580135101 |  | 35779 | 124904 | SH |  | SOLE |  | 0 | 0 | 124904 |
| MERCK  CO INC | COM | 58933Y105 |  | 355251 | 3262591 | SH |  | SOLE |  | 0 | 0 | 3262591 |
| MICROSOFT CORP | COM | 594918104 |  | 33177608 | 90549369 | SH |  | SOLE |  | 0 | 0 | 90549369 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 3811 | 35892 | SH |  | SOLE |  | 0 | 0 | 35892 |
| MILLROSE PPTYS INC | COM CL A | 601137102 |  | 962 | 40500 | SH |  | SOLE |  | 0 | 0 | 40500 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 215351 | 2436717 | SH |  | SOLE |  | 0 | 0 | 2436717 |
| NIO INC | SPON ADS | 62914V106 |  | 36447 | 3590292 | SH |  | SOLE |  | 0 | 0 | 3590292 |
| NETFLIX INC | COM | 64110L106 |  | 1911437 | 2463876 | SH |  | SOLE |  | 0 | 0 | 2463876 |
| NEUBERGER BERMAN HIGH YIELD | COM | 64128C106 |  | 199796 | 25521776 | SH |  | SOLE |  | 0 | 0 | 25521776 |
| RITHM CAPITAL CORP | COM NEW | 64828T201 |  | 96027 | 9298438 | SH |  | SOLE |  | 0 | 0 | 9298438 |
| NEWS CORP NEW | CL A | 65249B109 |  | 260 | 12480 | SH |  | SOLE |  | 0 | 0 | 12480 |
| NEXTRACKER INC | CLASS A COM | 65290E101 |  | 1805 | 49392 | SH |  | SOLE |  | 0 | 0 | 49392 |
| NIKE INC | CL B | 654106103 |  | 129157 | 1352847 | SH |  | SOLE |  | 0 | 0 | 1352847 |
| NOKIA CORP | SPONSORED ADR | 654902204 |  | 11816 | 2752800 | SH |  | SOLE |  | 0 | 0 | 2752800 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 321393 | 1376828 | SH |  | SOLE |  | 0 | 0 | 1376828 |
| NORTH EUROPEAN OIL RTY TR | SH BEN INT | 659310106 |  | 52099 | 3860460 | SH |  | SOLE |  | 0 | 0 | 3860460 |
| NOVARTIS AG | SPONSORED ADR | 66987V109 |  | 2997 | 32292 | SH |  | SOLE |  | 0 | 0 | 32292 |
| NOVAVAX INC | COM NEW | 670002401 |  | 2568 | 161304 | SH |  | SOLE |  | 0 | 0 | 161304 |
| NOVO-NORDISK A S | ADR | 670100205 |  | 1152608 | 10005216 | SH |  | SOLE |  | 0 | 0 | 10005216 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 64976521 | 382373765 | SH |  | SOLE |  | 0 | 0 | 382373765 |
| NUVEEN PFD  INCOME OPPORTUN | COM | 67073B106 |  | 226393 | 28612672 | SH |  | SOLE |  | 0 | 0 | 28612672 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 |  | 13266 | 12858 | SH |  | SOLE |  | 0 | 0 | 12858 |
| CHORD ENERGY CORPORATION | COM NEW | 674215207 |  | 4803 | 37020 | SH |  | SOLE |  | 0 | 0 | 37020 |
| OCCIDENTAL PETE CORP | COM | 674599105 |  | 39693 | 680402 | SH |  | SOLE |  | 0 | 0 | 680402 |
| ONEMAIN HLDGS INC | COM | 68268W103 |  | 483016 | 10721095 | SH |  | SOLE |  | 0 | 0 | 10721095 |
| ONEOK INC NEW | COM | 682680103 |  | 23868 | 381813 | SH |  | SOLE |  | 0 | 0 | 381813 |
| OPERA LTD | SPONSORED ADS | 68373M107 |  | 3297 | 245280 | SH |  | SOLE |  | 0 | 0 | 245280 |
| ORACLE CORP | COM | 68389X105 |  | 471451 | 3345889 | SH |  | SOLE |  | 0 | 0 | 3345889 |
| BLUE OWL CAPITAL CORPORATION | COM | 69121K104 |  | 734619 | 52098372 | SH |  | SOLE |  | 0 | 0 | 52098372 |
| PAGERDUTY INC | COM | 69553P100 |  | 508 | 27450 | SH |  | SOLE |  | 0 | 0 | 27450 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 2298369 | 18661152 | SH |  | SOLE |  | 0 | 0 | 18661152 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 762693 | 3093570 | SH |  | SOLE |  | 0 | 0 | 3093570 |
| PAYCHEX INC | COM | 704326107 |  | 1654 | 10752 | SH |  | SOLE |  | 0 | 0 | 10752 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 2849 | 47262 | SH |  | SOLE |  | 0 | 0 | 47262 |
| PEPSICO INC | COM | 713448108 |  | 584284 | 3484626 | SH |  | SOLE |  | 0 | 0 | 3484626 |
| PETROLEO BRASILEIRO SA PETRO | SPONSORED ADR | 71654V408 |  | 148086 | 11556690 | SH |  | SOLE |  | 0 | 0 | 11556690 |
| PFIZER INC | COM | 717081103 |  | 52318 | 1251657 | SH |  | SOLE |  | 0 | 0 | 1251657 |
| PHILLIPS 66 | COM | 718546104 |  | 54575 | 611039 | SH |  | SOLE |  | 0 | 0 | 611039 |
| PIMCO DYNAMIC INCOME FD | SHS | 72201Y101 |  | 428429 | 22407926 | SH |  | SOLE |  | 0 | 0 | 22407926 |
| PINTEREST INC | CL A | 72352L106 |  | 6319 | 181140 | SH |  | SOLE |  | 0 | 0 | 181140 |
| POWELL INDS INC | COM | 739128106 |  | 2620 | 15120 | SH |  | SOLE |  | 0 | 0 | 15120 |
| PRINCIPAL FINANCIAL GROUP IN | COM | 74251V102 |  | 3269 | 43187 | SH |  | SOLE |  | 0 | 0 | 43187 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 11832680 | 76028952 | SH |  | SOLE |  | 0 | 0 | 76028952 |
| PROSHARES TR | PSHS ULT S 500 | 74347R107 |  | 311686 | 4725114 | SH |  | SOLE |  | 0 | 0 | 4725114 |
| PROSHARES TR | PSHS ULTRA DOW30 | 74347R305 |  | 37583 | 494517 | SH |  | SOLE |  | 0 | 0 | 494517 |
| PROSHARES TR | ULTRAPRO QQQ | 74347X831 |  | 230665 | 4770498 | SH |  | SOLE |  | 0 | 0 | 4770498 |
| PROSPECT CAP CORP | COM | 74348T102 |  | 172609 | 23798618 | SH |  | SOLE |  | 0 | 0 | 23798618 |
| PROSHARES TR | ULTRASHORT QQQ | 74349Y829 |  | 1940657 | 53600614 | SH |  | SOLE |  | 0 | 0 | 53600614 |
| PYXIS ONCOLOGY INC | COMMON STOCK | 747324101 |  | 122 | 33600 | SH |  | SOLE |  | 0 | 0 | 33600 |
| QUALCOMM INC | COM | 747525103 |  | 8443617 | 58773542 | SH |  | SOLE |  | 0 | 0 | 58773542 |
| QUANTA SVCS INC | COM | 74762E102 |  | 314047 | 1721752 | SH |  | SOLE |  | 0 | 0 | 1721752 |
| RTX CORPORATION | COM | 75513E101 |  | 14516 | 130361 | SH |  | SOLE |  | 0 | 0 | 130361 |
| READY CAPITAL CORP | COM | 75574U101 |  | 827 | 62266 | SH |  | SOLE |  | 0 | 0 | 62266 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 |  | 51001 | 77592 | SH |  | SOLE |  | 0 | 0 | 77592 |
| UPBOUND GROUP INC | COM | 76009N100 |  | 362 | 12480 | SH |  | SOLE |  | 0 | 0 | 12480 |
| RESIDEO TECHNOLOGIES INC | COM | 76118Y104 |  | 575 | 30732 | SH |  | SOLE |  | 0 | 0 | 30732 |
| RIO TINTO PLC | SPONSORED ADR | 767204100 |  | 328367 | 5019208 | SH |  | SOLE |  | 0 | 0 | 5019208 |
| ROBINHOOD MKTS INC | COM CL A | 770700102 |  | 725809 | 10162120 | SH |  | SOLE |  | 0 | 0 | 10162120 |
| ROCKET LAB USA INC | COM | 773122106 |  | 27224 | 5393280 | SH |  | SOLE |  | 0 | 0 | 5393280 |
| ROKU INC | COM CL A | 77543R102 |  | 11109 | 158238 | SH |  | SOLE |  | 0 | 0 | 158238 |
| ROLLINS INC | COM | 775711104 |  | 2029 | 35712 | SH |  | SOLE |  | 0 | 0 | 35712 |
| SHELL PLC | SPON ADS | 780259305 |  | 2419 | 36045 | SH |  | SOLE |  | 0 | 0 | 36045 |
| RYERSON HLDG CORP | COM | 783754104 |  | 35609 | 1315568 | SH |  | SOLE |  | 0 | 0 | 1315568 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 6383815 | 13153847 | SH |  | SOLE |  | 0 | 0 | 13153847 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 83623 | 395070 | SH |  | SOLE |  | 0 | 0 | 395070 |
| SPDR INDEX SHS FDS | S EMKTSC ETF | 78463X756 |  | 1403 | 24528 | SH |  | SOLE |  | 0 | 0 | 24528 |
| SPDR SERIES TRUST | ICE PFD SEC ETF | 78464A292 |  | 40724 | 1203024 | SH |  | SOLE |  | 0 | 0 | 1203024 |
| SPDR SERIES TRUST | PORT MTG BK ETF | 78464A383 |  | 17625 | 807932 | SH |  | SOLE |  | 0 | 0 | 807932 |
| SPDR SERIES TRUST | PRTFLO S GW | 78464A409 |  | 7662 | 133280 | SH |  | SOLE |  | 0 | 0 | 133280 |
| SPDR SERIES TRUST | PORTFOLIO SHORT | 78464A474 |  | 5945 | 199680 | SH |  | SOLE |  | 0 | 0 | 199680 |
| SPDR SERIES TRUST | S 400 MDCP GRW | 78464A821 |  | 2229 | 32411 | SH |  | SOLE |  | 0 | 0 | 32411 |
| SPDR DOW JONES INDL AVERAGE | UT SER 1 | 78467X109 |  | 65619 | 191418 | SH |  | SOLE |  | 0 | 0 | 191418 |
| SPDR S MIDCAP 400 ETF TR | UTSER1 S | 78467Y107 |  | 1326411 | 2797139 | SH |  | SOLE |  | 0 | 0 | 2797139 |
| SPDR SERIES TRUST | BLOOMBERG 1-3 MO | 78468R663 |  | 109043 | 1190592 | SH |  | SOLE |  | 0 | 0 | 1190592 |
| SPX TECHNOLOGIES INC | COM | 78473E103 |  | 931 | 11200 | SH |  | SOLE |  | 0 | 0 | 11200 |
| SALESFORCE INC | COM | 79466L302 |  | 33921 | 134809 | SH |  | SOLE |  | 0 | 0 | 134809 |
| SAN JUAN BASIN RTY TR | UNIT BEN INT | 798241105 |  | 111811 | 11698140 | SH |  | SOLE |  | 0 | 0 | 11698140 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 73419 | 1075619 | SH |  | SOLE |  | 0 | 0 | 1075619 |
| SCHWAB STRATEGIC TR | US BRD MKT ETF | 808524102 |  | 279518 | 6780272 | SH |  | SOLE |  | 0 | 0 | 6780272 |
| SCHWAB STRATEGIC TR | US LRG CAP ETF | 808524201 |  | 31990 | 804893 | SH |  | SOLE |  | 0 | 0 | 804893 |
| SCHWAB STRATEGIC TR | US LCAP VA ETF | 808524409 |  | 10050 | 144861 | SH |  | SOLE |  | 0 | 0 | 144861 |
| SCHWAB STRATEGIC TR | US MID-CAP ETF | 808524508 |  | 92355 | 1456130 | SH |  | SOLE |  | 0 | 0 | 1456130 |
| SCHWAB STRATEGIC TR | US SML CAP ETF | 808524607 |  | 26869 | 651298 | SH |  | SOLE |  | 0 | 0 | 651298 |
| SCHWAB STRATEGIC TR | 1000 INDEX ETF | 808524722 |  | 4248 | 105096 | SH |  | SOLE |  | 0 | 0 | 105096 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 |  | 2707610 | 38910543 | SH |  | SOLE |  | 0 | 0 | 38910543 |
| SCHWAB STRATEGIC TR | INTL EQTY ETF | 808524805 |  | 18575 | 585054 | SH |  | SOLE |  | 0 | 0 | 585054 |
| SCHWAB STRATEGIC TR | US TIPS ETF | 808524870 |  | 56955 | 1072176 | SH |  | SOLE |  | 0 | 0 | 1072176 |
| SELECT SECTOR SPDR TR | SBI HEALTHCARE | 81369Y209 |  | 9870296 | 71166053 | SH |  | SOLE |  | 0 | 0 | 71166053 |
| SELECT SECTOR SPDR TR | SBI CONS STPLS | 81369Y308 |  | 272718 | 3673006 | SH |  | SOLE |  | 0 | 0 | 3673006 |
| SELECT SECTOR SPDR TR | SBI CONS DISCR | 81369Y407 |  | 5524225 | 31182054 | SH |  | SOLE |  | 0 | 0 | 31182054 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 |  | 19435626 | 223048647 | SH |  | SOLE |  | 0 | 0 | 223048647 |
| SELECT SECTOR SPDR TR | FINANCIAL | 81369Y605 |  | 9106608 | 228614958 | SH |  | SOLE |  | 0 | 0 | 228614958 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 |  | 19263001 | 101114576 | SH |  | SOLE |  | 0 | 0 | 101114576 |
| SELECT SECTOR SPDR TR | COMMUNICATION | 81369Y852 |  | 11457366 | 150314204 | SH |  | SOLE |  | 0 | 0 | 150314204 |
| SELECT SECTOR SPDR TR | SBI INT-UTILS | 81369Y886 |  | 40696 | 577453 | SH |  | SOLE |  | 0 | 0 | 577453 |
| SEMPRA | COM | 816851109 |  | 205188 | 2116362 | SH |  | SOLE |  | 0 | 0 | 2116362 |
| SENSUS HEALTHCARE INC | COM | 81728J109 |  | 5131 | 668880 | SH |  | SOLE |  | 0 | 0 | 668880 |
| SIMON PPTY GROUP INC NEW | COM | 828806109 |  | 60849 | 386346 | SH |  | SOLE |  | 0 | 0 | 386346 |
| SKYWORKS SOLUTIONS INC | COM | 83088M102 |  | 89907 | 910367 | SH |  | SOLE |  | 0 | 0 | 910367 |
| SNAP ON INC | COM | 833034101 |  | 384736 | 1397706 | SH |  | SOLE |  | 0 | 0 | 1397706 |
| SNOWFLAKE INC | CL A | 833445109 |  | 2870087 | 17429208 | SH |  | SOLE |  | 0 | 0 | 17429208 |
| SOCIEDAD QUIMICA Y MINERA DE | SPON ADR SER B | 833635105 |  | 163422 | 1921152 | SH |  | SOLE |  | 0 | 0 | 1921152 |
| SOLVENTUM CORP | COM SHS | 83444M101 |  | 11605 | 172848 | SH |  | SOLE |  | 0 | 0 | 172848 |
| SOUTHWEST AIRLS CO | COM | 844741108 |  | 3255 | 114842 | SH |  | SOLE |  | 0 | 0 | 114842 |
| SPOK HLDGS INC | COM | 84863T106 |  | 164887 | 11178411 | SH |  | SOLE |  | 0 | 0 | 11178411 |
| SPROTT PHYSICAL GOLD  SILVE | TR UNIT | 85208R101 |  | 67725 | 3811500 | SH |  | SOLE |  | 0 | 0 | 3811500 |
| BLOCK INC | CL A | 852234103 |  | 19558 | 293112 | SH |  | SOLE |  | 0 | 0 | 293112 |
| STARBUCKS CORP | COM | 855244109 |  | 68595 | 727845 | SH |  | SOLE |  | 0 | 0 | 727845 |
| STARWOOD PPTY TR INC | COM | 85571B105 |  | 765811 | 38625643 | SH |  | SOLE |  | 0 | 0 | 38625643 |
| SUPER MICRO COMPUTER INC | COM NEW | 86800U302 |  | 36464 | 82936 | SH |  | SOLE |  | 0 | 0 | 82936 |
| SYSCO CORP | COM | 871829107 |  | 29396 | 391724 | SH |  | SOLE |  | 0 | 0 | 391724 |
| CARLYLE SECURED LENDING INC | COM | 872280102 |  | 5717 | 410472 | SH |  | SOLE |  | 0 | 0 | 410472 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 25675 | 183792 | SH |  | SOLE |  | 0 | 0 | 183792 |
| TARGET CORP | COM | 87612E106 |  | 840981 | 6039933 | SH |  | SOLE |  | 0 | 0 | 6039933 |
| TESLA INC | COM | 88160R101 |  | 1566515 | 6436704 | SH |  | SOLE |  | 0 | 0 | 6436704 |
| 3M CO | COM | 88579Y101 |  | 689641 | 5826522 | SH |  | SOLE |  | 0 | 0 | 5826522 |
| TRACTOR SUPPLY CO | COM | 892356106 |  | 12684 | 88411 | SH |  | SOLE |  | 0 | 0 | 88411 |
| TYSON FOODS INC | CL A | 902494103 |  | 1784 | 30300 | SH |  | SOLE |  | 0 | 0 | 30300 |
| UGI CORP NEW | COM | 902681105 |  | 12295 | 393572 | SH |  | SOLE |  | 0 | 0 | 393572 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 1451095 | 19973682 | SH |  | SOLE |  | 0 | 0 | 19973682 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 13054 | 87399 | SH |  | SOLE |  | 0 | 0 | 87399 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 86647 | 626774 | SH |  | SOLE |  | 0 | 0 | 626774 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 59148 | 336934 | SH |  | SOLE |  | 0 | 0 | 336934 |
| VANGUARD STAR FDS | VG TL INTL STK F | 921909768 |  | 23007 | 402030 | SH |  | SOLE |  | 0 | 0 | 402030 |
| VANGUARD ADMIRAL FDS INC | 500 GRTH IDX F | 921932505 |  | 638031 | 2243714 | SH |  | SOLE |  | 0 | 0 | 2243714 |
| VANGUARD ADMIRAL FDS INC | SMLLCP 600 IDX | 921932828 |  | 5145 | 53792 | SH |  | SOLE |  | 0 | 0 | 53792 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 |  | 36008 | 494402 | SH |  | SOLE |  | 0 | 0 | 494402 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 83145 | 1764750 | SH |  | SOLE |  | 0 | 0 | 1764750 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 |  | 313664 | 2749414 | SH |  | SOLE |  | 0 | 0 | 2749414 |
| VANGUARD MALVERN FDS | STRM INFPROIDX | 922020805 |  | 17446 | 361449 | SH |  | SOLE |  | 0 | 0 | 361449 |
| VANGUARD WORLD FD | CONSUM DIS ETF | 92204A108 |  | 104449 | 373744 | SH |  | SOLE |  | 0 | 0 | 373744 |
| VANGUARD WORLD FD | CONSUM STP ETF | 92204A207 |  | 79808 | 403476 | SH |  | SOLE |  | 0 | 0 | 403476 |
| VANGUARD WORLD FD | FINANCIALS ETF | 92204A405 |  | 86100 | 913614 | SH |  | SOLE |  | 0 | 0 | 913614 |
| VANGUARD WORLD FD | HEALTH CAR ETF | 92204A504 |  | 80903 | 320144 | SH |  | SOLE |  | 0 | 0 | 320144 |
| VANGUARD WORLD FD | INDUSTRIAL ETF | 92204A603 |  | 83823 | 389357 | SH |  | SOLE |  | 0 | 0 | 389357 |
| VANGUARD WORLD FD | INF TECH ETF | 92204A702 |  | 529675 | 1166031 | SH |  | SOLE |  | 0 | 0 | 1166031 |
| VANGUARD WORLD FD | COMM SRVC ETF | 92204A884 |  | 63636 | 539782 | SH |  | SOLE |  | 0 | 0 | 539782 |
| VANGUARD INTL EQUITY INDEX F | TT WRLD ST ETF | 922042742 |  | 10114 | 98736 | SH |  | SOLE |  | 0 | 0 | 98736 |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 |  | 735 | 12012 | SH |  | SOLE |  | 0 | 0 | 12012 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 37523 | 898476 | SH |  | SOLE |  | 0 | 0 | 898476 |
| VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 92206C409 |  | 7076 | 93689 | SH |  | SOLE |  | 0 | 0 | 93689 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 1855381 | 4113756 | SH |  | SOLE |  | 0 | 0 | 4113756 |
| VANGUARD INDEX FDS | MCAP VL IDXVIP | 922908512 |  | 3935 | 28896 | SH |  | SOLE |  | 0 | 0 | 28896 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 34828 | 405312 | SH |  | SOLE |  | 0 | 0 | 405312 |
| VANGUARD INDEX FDS | SML CP GRW ETF | 922908595 |  | 3123 | 14380 | SH |  | SOLE |  | 0 | 0 | 14380 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 24530 | 106536 | SH |  | SOLE |  | 0 | 0 | 106536 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 2672 | 11092 | SH |  | SOLE |  | 0 | 0 | 11092 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 336043 | 2164254 | SH |  | SOLE |  | 0 | 0 | 2164254 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 277281 | 1317738 | SH |  | SOLE |  | 0 | 0 | 1317738 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 2147130 | 8659452 | SH |  | SOLE |  | 0 | 0 | 8659452 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 14558 | 365215 | SH |  | SOLE |  | 0 | 0 | 365215 |
| VERINT SYS INC | COM | 92343X100 |  | 5202 | 168150 | SH |  | SOLE |  | 0 | 0 | 168150 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 |  | 23871 | 48792 | SH |  | SOLE |  | 0 | 0 | 48792 |
| VERTIV HOLDINGS CO | COM CL A | 92537N108 |  | 4216 | 48336 | SH |  | SOLE |  | 0 | 0 | 48336 |
| VIAVI SOLUTIONS INC | COM | 925550105 |  | 1721 | 168150 | SH |  | SOLE |  | 0 | 0 | 168150 |
| VICTORIAS SECRET AND CO | COMMON STOCK | 926400102 |  | 6026 | 287200 | SH |  | SOLE |  | 0 | 0 | 287200 |
| VIKING THERAPEUTICS INC | COM | 92686J106 |  | 3575 | 51576 | SH |  | SOLE |  | 0 | 0 | 51576 |
| VISA INC | COM CL A | 92826C839 |  | 42359 | 141968 | SH |  | SOLE |  | 0 | 0 | 141968 |
| VIRTUS ARTIFICIAL INTELLIGEN | COM | 92838Y100 |  | 624060 | 30878016 | SH |  | SOLE |  | 0 | 0 | 30878016 |
| VODAFONE GROUP PLC NEW | SPONSORED ADR | 92857W308 |  | 1510 | 157500 | SH |  | SOLE |  | 0 | 0 | 157500 |
| WP CAREY INC | COM | 92936U109 |  | 28813 | 385225 | SH |  | SOLE |  | 0 | 0 | 385225 |
| WABTEC | COM | 929740108 |  | 21191 | 155465 | SH |  | SOLE |  | 0 | 0 | 155465 |
| WALMART INC | COM | 931142103 |  | 10496702 | 104514912 | SH |  | SOLE |  | 0 | 0 | 104514912 |
| WARNER BROS DISCOVERY INC | COM SER A | 934423104 |  | 4089 | 333748 | SH |  | SOLE |  | 0 | 0 | 333748 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 1262 | 30589 | SH |  | SOLE |  | 0 | 0 | 30589 |
| WESTERN ALLIANCE BANCORP | COM | 957638109 |  | 13002 | 261478 | SH |  | SOLE |  | 0 | 0 | 261478 |
| WESTERN MIDSTREAM PARTNERS L | COM UNIT LP INT | 958669103 |  | 156967 | 3994189 | SH |  | SOLE |  | 0 | 0 | 3994189 |
| WILLDAN GROUP INC | COM | 96924N100 |  | 4186 | 108900 | SH |  | SOLE |  | 0 | 0 | 108900 |
| WISDOMTREE TR | US SMALLCAP DIVD | 97717W604 |  | 3374 | 115834 | SH |  | SOLE |  | 0 | 0 | 115834 |
| XPENG INC | ADS | 98422D105 |  | 207 | 12600 | SH |  | SOLE |  | 0 | 0 | 12600 |
| ZOOM COMMUNICATIONS INC | CL A | 98980L101 |  | 10291 | 129924 | SH |  | SOLE |  | 0 | 0 | 129924 |

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