# EDGAR Filing Document

**Accession Number:** 0001109228
**File Stem:** 0001941040-26-000374
**Filing Date:** 2026-5
**Character Count:** 42349
**Document Hash:** a71d1e958739833a6ea28d63d8ac9dcc
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001941040-26-000374.hdr.sgml**: 20260515

**ACCESSION NUMBER**: 0001941040-26-000374

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260515

**DATE AS OF CHANGE**: 20260515

**EFFECTIVENESS DATE**: 20260515

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** KCM INVESTMENT ADVISORS LLC
- **CENTRAL INDEX KEY:** 0001109228

**ORGANIZATION NAME:**
- **EIN:** 901252063
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-05651
- **FILM NUMBER:** 26989373

**BUSINESS ADDRESS:**
- **STREET 1:** 300 DRAKES LANDING ROAD
- **STREET 2:** SUITE 210
- **CITY:** GREENBRAE
- **STATE:** CA
- **ZIP:** 94904
- **BUSINESS PHONE:** 415-461-7788

**MAIL ADDRESS:**
- **STREET 1:** 300 DRAKES LANDING ROAD
- **STREET 2:** SUITE 210
- **CITY:** GREENBRAE
- **STATE:** CA
- **ZIP:** 94904

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** KCM INVESTMENT ADVISORS/CA
- **DATE OF NAME CHANGE:** 20000413

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 03-31-2026

**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:** KCM INVESTMENT ADVISORS LLC<br>**Address:** 300 DRAKES LANDING ROAD<br>SUITE 210<br>GREENBRAE, CA 94904

**Form 13F File Number:** 028-05651

**CRD Number (if applicable):** 000109629

**SEC File Number (if applicable):** 801-55395

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:** Loni Tankoos<br>**Title:** Chief Compliance Officer<br>**Phone:** 415-461-7788

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

Loni Tankoos  Greenbrae, CA  05-15-2026<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:** 393

**Form 13F Information Table Value Total:** $3012965196

      (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 |  | 2383934 | 16415 | SH |  | SOLE |  | 16415 | 0 | 0 |
| ABBOTT LABORATORIES | COM | 002824100 |  | 13249887 | 129053 | SH |  | SOLE |  | 129053 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 16701243 | 76791 | SH |  | SOLE |  | 76791 | 0 | 0 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 3905916 | 19698 | SH |  | SOLE |  | 19698 | 0 | 0 |
| ADOBE INC | COM | 00724F101 |  | 1643221 | 6760 | SH |  | SOLE |  | 6760 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 520781 | 2560 | SH |  | SOLE |  | 2560 | 0 | 0 |
| AFLAC INC | COM | 001055102 |  | 562131 | 5124 | SH |  | SOLE |  | 5124 | 0 | 0 |
| AGILENT TECHNOLOGIES INC | COM | 00846U101 |  | 588543 | 5164 | SH |  | SOLE |  | 5164 | 0 | 0 |
| AGNICO EAGLE MINES LTD | COM | 008474108 |  | 340397 | 1677 | SH |  | SOLE |  | 1677 | 0 | 0 |
| AIR PRODUCTS AND CHEMICALS I | COM | 009158106 |  | 11590233 | 39899 | SH |  | SOLE |  | 39899 | 0 | 0 |
| ALBEMARLE CORP | COM | 012653101 |  | 981311 | 5466 | SH |  | SOLE |  | 5466 | 0 | 0 |
| ALLSTATE CORP | COM | 020002101 |  | 2772459 | 13372 | SH |  | SOLE |  | 13372 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 77740289 | 270345 | SH |  | SOLE |  | 270345 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 41814622 | 145767 | SH |  | SOLE |  | 145767 | 0 | 0 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 767614 | 11632 | SH |  | SOLE |  | 11632 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 68543115 | 329107 | SH |  | SOLE |  | 329107 | 0 | 0 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 |  | 877820 | 6697 | SH |  | SOLE |  | 6697 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 3173344 | 10491 | SH |  | SOLE |  | 10491 | 0 | 0 |
| AMERICAN TOWER CORP | COM | 03027X100 |  | 215957 | 1251 | SH |  | SOLE |  | 1251 | 0 | 0 |
| AMERICAN WTR WKS CO INC NEW | COM | 030420103 |  | 204135 | 1500 | SH |  | SOLE |  | 1500 | 0 | 0 |
| AMERIPRISE FINL INC | COM | 03076C106 |  | 227977 | 513 | SH |  | SOLE |  | 513 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 30699101 | 87251 | SH |  | SOLE |  | 87251 | 0 | 0 |
| AMPHENOL CORP | CL A | 032095101 |  | 462188 | 3658 | SH |  | SOLE |  | 3658 | 0 | 0 |
| AMPLIFY ETF TR | AMPLIFY CYBERSEC | 032108664 |  | 329795 | 4392 | SH |  | SOLE |  | 4392 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 |  | 452077 | 1421 | SH |  | SOLE |  | 1421 | 0 | 0 |
| AON PLC | SHS CL A | G0403H108 |  | 210130 | 651 | SH |  | SOLE |  | 651 | 0 | 0 |
| APPFOLIO INC | COM CL A | 03783C100 |  | 586459 | 3716 | SH |  | SOLE |  | 3716 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 213133305 | 839802 | SH |  | SOLE |  | 839802 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 |  | 14883313 | 43545 | SH |  | SOLE |  | 43545 | 0 | 0 |
| ARCHER DANIELS MIDLAND CO | COM | 039483102 |  | 412864 | 5680 | SH |  | SOLE |  | 5680 | 0 | 0 |
| ARISTA NETWORKS INC | COM SHS | 040413205 |  | 209463 | 1706 | SH |  | SOLE |  | 1706 | 0 | 0 |
| ARM HOLDINGS PLC | SPONSORED ADS | 042068205 |  | 642184 | 4245 | SH |  | SOLE |  | 4245 | 0 | 0 |
| ASML HLDG NV | N Y REGISTRY SHS | N07059210 |  | 339453 | 257 | SH |  | SOLE |  | 257 | 0 | 0 |
| ASTRAZENECA PLC | ORD | G0593M107 |  | 311016 | 1577 | SH |  | SOLE |  | 1577 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 1267291 | 43715 | SH |  | SOLE |  | 43715 | 0 | 0 |
| ATLASSIAN CORPORATION | CL A | 049468101 |  | 411002 | 6022 | SH |  | SOLE |  | 6022 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 29841722 | 146873 | SH |  | SOLE |  | 146873 | 0 | 0 |
| AUTOZONE INC | COM | 053332102 |  | 3756091 | 1112 | SH |  | SOLE |  | 1112 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 15599609 | 319992 | SH |  | SOLE |  | 319992 | 0 | 0 |
| BANK AMERICA CORP | 7.25%CNV PFD L | 060505682 |  | 2776335 | 2330 | SH |  | SOLE |  | 2330 | 0 | 0 |
| BANK NEW YORK MELLON CORP | COM | 064058100 |  | 439963 | 3709 | SH |  | SOLE |  | 3709 | 0 | 0 |
| BANK OF MARIN BANCORP | COM | 063425102 |  | 236821 | 9240 | SH |  | SOLE |  | 9240 | 0 | 0 |
| BARRICK MNG CORP | COM SHS | 06849F108 |  | 947185 | 23221 | SH |  | SOLE |  | 23221 | 0 | 0 |
| BECTON DICKINSON  CO | COM | 075887109 |  | 218707 | 1391 | SH |  | SOLE |  | 1391 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 13952866 | 29117 | SH |  | SOLE |  | 29117 | 0 | 0 |
| BIOGEN INC | COM | 09062X103 |  | 513874 | 2803 | SH |  | SOLE |  | 2803 | 0 | 0 |
| BLACKROCK INC | COM | 09290D101 |  | 2127303 | 2212 | SH |  | SOLE |  | 2212 | 0 | 0 |
| BLACKSTONE INC | COM | 09260D107 |  | 24057295 | 209212 | SH |  | SOLE |  | 209212 | 0 | 0 |
| BLACKSTONE SECD LENDING FD | COMMON STOCK | 09261X102 |  | 521180 | 22000 | SH |  | SOLE |  | 22000 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 2405079 | 12084 | SH |  | SOLE |  | 12084 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 2029800 | 482 | SH |  | SOLE |  | 482 | 0 | 0 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 |  | 602526 | 9602 | SH |  | SOLE |  | 9602 | 0 | 0 |
| BP PLC | SPONSORED ADR | 055622104 |  | 279979 | 5957 | SH |  | SOLE |  | 5957 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 1383392 | 22809 | SH |  | SOLE |  | 22809 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 19207664 | 62058 | SH |  | SOLE |  | 62058 | 0 | 0 |
| BROOKFIELD RENEWABLE ENERGY | PARTNERSHIP UNIT | G16258108 |  | 217023 | 6649 | SH |  | SOLE |  | 6649 | 0 | 0 |
| BUILDERS FIRSTSOURCE INC | COM | 12008R107 |  | 1822786 | 22140 | SH |  | SOLE |  | 22140 | 0 | 0 |
| BWX TECHNOLOGIES INC | COM | 05605H100 |  | 365424 | 1787 | SH |  | SOLE |  | 1787 | 0 | 0 |
| CADENCE DESIGN SYSTEM INC | COM | 127387108 |  | 2226572 | 8013 | SH |  | SOLE |  | 8013 | 0 | 0 |
| CANADIAN IMPERIAL BANK OF CO | COM | 136069101 |  | 206934 | 2184 | SH |  | SOLE |  | 2184 | 0 | 0 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 480521 | 2634 | SH |  | SOLE |  | 2634 | 0 | 0 |
| CARDINAL HEALTH INC | COM | 14149Y108 |  | 3435391 | 16258 | SH |  | SOLE |  | 16258 | 0 | 0 |
| CARLISLE COS INC | COM | 142339100 |  | 19481406 | 58394 | SH |  | SOLE |  | 58394 | 0 | 0 |
| CARRIER GLOBAL CORPORATION | COM | 14448C104 |  | 434254 | 7712 | SH |  | SOLE |  | 7712 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 34909230 | 49275 | SH |  | SOLE |  | 49275 | 0 | 0 |
| CEMEX SA EURO MTN BE 144A | SPON ADR NEW | 151290889 |  | 115166 | 10067 | SH |  | SOLE |  | 10067 | 0 | 0 |
| CENCORA INC | COM | 03073E105 |  | 204578 | 651 | SH |  | SOLE |  | 651 | 0 | 0 |
| CHEVRON CORPORATION | COM | 166764100 |  | 65090686 | 314600 | SH |  | SOLE |  | 314600 | 0 | 0 |
| CHUBB LTD SWITZ | COM | H1467J104 |  | 5447211 | 16713 | SH |  | SOLE |  | 16713 | 0 | 0 |
| CIENA CORP | COM NEW | 171779309 |  | 487617 | 1256 | SH |  | SOLE |  | 1256 | 0 | 0 |
| CINTAS CORP | COM | 172908105 |  | 4524326 | 26749 | SH |  | SOLE |  | 26749 | 0 | 0 |
| CIRCLE INTERNET GROUP INC | COM CL A | 172573107 |  | 371145 | 3890 | SH |  | SOLE |  | 3890 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 7709513 | 99362 | SH |  | SOLE |  | 99362 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 845449 | 7455 | SH |  | SOLE |  | 7455 | 0 | 0 |
| CLOROX CO DEL | COM | 189054109 |  | 3038846 | 29324 | SH |  | SOLE |  | 29324 | 0 | 0 |
| CME GROUP INC | COM | 12572Q105 |  | 276448 | 936 | SH |  | SOLE |  | 936 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 4101993 | 53938 | SH |  | SOLE |  | 53938 | 0 | 0 |
| COINBASE GLOBAL INC | COM CL A | 19260Q107 |  | 388682 | 2226 | SH |  | SOLE |  | 2226 | 0 | 0 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 4285036 | 50276 | SH |  | SOLE |  | 50276 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 671297 | 23382 | SH |  | SOLE |  | 23382 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 1061341 | 8040 | SH |  | SOLE |  | 8040 | 0 | 0 |
| CONSOLIDATED EDISON INC | COM | 209115104 |  | 336733 | 2975 | SH |  | SOLE |  | 2975 | 0 | 0 |
| CORCEPT THERAPEUTICS INC | COM | 218352102 |  | 1910492 | 47395 | SH |  | SOLE |  | 47395 | 0 | 0 |
| CORNING INC | COM | 219350105 |  | 6284342 | 46219 | SH |  | SOLE |  | 46219 | 0 | 0 |
| COSTCO WHOLESALE CORPORATION | COM | 22160K105 |  | 111983662 | 112385 | SH |  | SOLE |  | 112385 | 0 | 0 |
| COTERRA ENERGY INC | COM | 127097103 |  | 329156 | 9367 | SH |  | SOLE |  | 9367 | 0 | 0 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 475129 | 1217 | SH |  | SOLE |  | 1217 | 0 | 0 |
| CROWN CASTLE INC | COM | 22822V101 |  | 2091456 | 25722 | SH |  | SOLE |  | 25722 | 0 | 0 |
| CSX CORP | COM | 126408103 |  | 291824 | 7109 | SH |  | SOLE |  | 7109 | 0 | 0 |
| CUMMINS INC | COM | 231021106 |  | 1008149 | 1874 | SH |  | SOLE |  | 1874 | 0 | 0 |
| CURTISS WRIGHT CORP | COM | 231561101 |  | 7114298 | 10445 | SH |  | SOLE |  | 10445 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 2015341 | 28061 | SH |  | SOLE |  | 28061 | 0 | 0 |
| DANAHER CORP DEL | COM | 235851102 |  | 12374568 | 65267 | SH |  | SOLE |  | 65267 | 0 | 0 |
| DATADOG INC | CL A COM | 23804L103 |  | 313069 | 2652 | SH |  | SOLE |  | 2652 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 4520562 | 8025 | SH |  | SOLE |  | 8025 | 0 | 0 |
| DICKS SPORTING GOODS INC | COM | 253393102 |  | 379130 | 1912 | SH |  | SOLE |  | 1912 | 0 | 0 |
| DIGITAL RLTY TR INC | COM | 253868103 |  | 484765 | 2690 | SH |  | SOLE |  | 2690 | 0 | 0 |
| DIREXION SHARES ETF TRUST | NASDAQ 100 EQ WT | 25459Y207 |  | 202479 | 2055 | SH |  | SOLE |  | 2055 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 2302759 | 23892 | SH |  | SOLE |  | 23892 | 0 | 0 |
| DOVER CORP | COM | 260003108 |  | 232422 | 1115 | SH |  | SOLE |  | 1115 | 0 | 0 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 1307071 | 9982 | SH |  | SOLE |  | 9982 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 |  | 6179320 | 17277 | SH |  | SOLE |  | 17277 | 0 | 0 |
| ECOLAB INC | COM | 278865100 |  | 18072647 | 67937 | SH |  | SOLE |  | 67937 | 0 | 0 |
| ELEVANCE HEALTH INC FORMERLY | COM | 036752103 |  | 1451382 | 4958 | SH |  | SOLE |  | 4958 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 22276023 | 24219 | SH |  | SOLE |  | 24219 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 |  | 1524924 | 11639 | SH |  | SOLE |  | 11639 | 0 | 0 |
| ENBRIDGE INC | COM | 29250N105 |  | 380171 | 7022 | SH |  | SOLE |  | 7022 | 0 | 0 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 882010 | 45700 | SH |  | SOLE |  | 45700 | 0 | 0 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 805358 | 21283 | SH |  | SOLE |  | 21283 | 0 | 0 |
| EQT CORP | COM | 26884L109 |  | 384131 | 6036 | SH |  | SOLE |  | 6036 | 0 | 0 |
| ESSEX PPTY TR INC | COM | 297178105 |  | 301290 | 1245 | SH |  | SOLE |  | 1245 | 0 | 0 |
| ETFS GOLD TR | PHYSCL GOLD SHS | 00326A104 |  | 394887 | 8850 | SH |  | SOLE |  | 8850 | 0 | 0 |
| EVERGY INC | COM | 30034W106 |  | 327931 | 4003 | SH |  | SOLE |  | 4003 | 0 | 0 |
| EVERSOURCE ENERGY | COM | 30040W108 |  | 536366 | 7742 | SH |  | SOLE |  | 7742 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 5550785 | 32717 | SH |  | SOLE |  | 32717 | 0 | 0 |
| FASTENAL CO | COM | 311900104 |  | 548819 | 11828 | SH |  | SOLE |  | 11828 | 0 | 0 |
| FEDERAL RLTY INVT TR NEW | SH BEN INT NEW | 313745101 |  | 262657 | 2473 | SH |  | SOLE |  | 2473 | 0 | 0 |
| FEDEX CORP | COM | 31428X106 |  | 2514138 | 7059 | SH |  | SOLE |  | 7059 | 0 | 0 |
| FIDELITY COMWLTH TR | NASDAQ COMPSIT | 315912808 |  | 846298 | 9967 | SH |  | SOLE |  | 9967 | 0 | 0 |
| FIDELITY COVINGTON TRUST | MSCI FINLS IDX | 316092501 |  | 233743 | 3330 | SH |  | SOLE |  | 3330 | 0 | 0 |
| FIDELITY COVINGTON TRUST | MSCI COMMNTN SVC | 316092873 |  | 500818 | 7352 | SH |  | SOLE |  | 7352 | 0 | 0 |
| FIDELITY COVINGTON TRUST | MSCI CONSM DIS | 316092204 |  | 4725857 | 50674 | SH |  | SOLE |  | 50674 | 0 | 0 |
| FIDELITY COVINGTON TRUST | MSCI INFO TECH I | 316092808 |  | 613123 | 2947 | SH |  | SOLE |  | 2947 | 0 | 0 |
| FIDELITY COVINGTON TRUST | MSCI HLTH CARE I | 316092600 |  | 211150 | 3001 | SH |  | SOLE |  | 3001 | 0 | 0 |
| FIDELITY COVINGTON TRUST | MSCI ENERGY IDX | 316092402 |  | 4489364 | 131963 | SH |  | SOLE |  | 131963 | 0 | 0 |
| FIRST SOLAR INC | COM | 336433107 |  | 323704 | 1641 | SH |  | SOLE |  | 1641 | 0 | 0 |
| FIRST TR EXCHANGE-TRADED ALP | MID CP GR ALPH | 33737M102 |  | 3239250 | 35798 | SH |  | SOLE |  | 35798 | 0 | 0 |
| FIRST TR EXCHANGE-TRADED FD | NASDQ CLN EDGE | 33737A108 |  | 532616 | 3256 | SH |  | SOLE |  | 3256 | 0 | 0 |
| FORD MTR CO | COM | 345370860 |  | 219572 | 19027 | SH |  | SOLE |  | 19027 | 0 | 0 |
| FORTINET INC | COM | 34959E109 |  | 3420554 | 41857 | SH |  | SOLE |  | 41857 | 0 | 0 |
| FREEPORT MCMORAN INC | CL B | 35671D857 |  | 3560246 | 60569 | SH |  | SOLE |  | 60569 | 0 | 0 |
| GALLAGHER ARTHUR J  CO | COM | 363576109 |  | 289567 | 1337 | SH |  | SOLE |  | 1337 | 0 | 0 |
| GE AEROSPACE | COM NEW | 369604301 |  | 1753790 | 6180 | SH |  | SOLE |  | 6180 | 0 | 0 |
| GE VERNOVA INC | COM | 36828A101 |  | 1329427 | 1523 | SH |  | SOLE |  | 1523 | 0 | 0 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 6740389 | 19639 | SH |  | SOLE |  | 19639 | 0 | 0 |
| GENERAL MTRS CO | COM | 37045V100 |  | 292264 | 3923 | SH |  | SOLE |  | 3923 | 0 | 0 |
| GENUINE PARTS CO | COM | 372460105 |  | 4868413 | 46037 | SH |  | SOLE |  | 46037 | 0 | 0 |
| GERDAU SA | SPON ADR REP PFD | 373737105 |  | 52619 | 14576 | SH |  | SOLE |  | 14576 | 0 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 3055515 | 21924 | SH |  | SOLE |  | 21924 | 0 | 0 |
| GOLDMAN SACHS ETF TR | ACTIVEBETA US LG | 381430503 |  | 498017 | 3980 | SH |  | SOLE |  | 3980 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 5541342 | 6550 | SH |  | SOLE |  | 6550 | 0 | 0 |
| HERSHEY CO | COM | 427866108 |  | 372953 | 1794 | SH |  | SOLE |  | 1794 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 44936946 | 136632 | SH |  | SOLE |  | 136632 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 2887156 | 12773 | SH |  | SOLE |  | 12773 | 0 | 0 |
| HUBBELL INC | COM | 443510607 |  | 490740 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| IDEXX LABS INC | COM | 45168D104 |  | 214080 | 381 | SH |  | SOLE |  | 381 | 0 | 0 |
| ILLINOIS TOOL WKS INC | COM | 452308109 |  | 2104184 | 8084 | SH |  | SOLE |  | 8084 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 629691 | 14269 | SH |  | SOLE |  | 14269 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 2302292 | 9498 | SH |  | SOLE |  | 9498 | 0 | 0 |
| INTUIT | COM | 461202103 |  | 368232 | 852 | SH |  | SOLE |  | 852 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 838541 | 1819 | SH |  | SOLE |  | 1819 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | RAFI EMRGNG MRKT | 46138E727 |  | 215280 | 8000 | SH |  | SOLE |  | 8000 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | PFD ETF | 46138E511 |  | 2703669 | 248499 | SH |  | SOLE |  | 248499 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | S LOW VOL | 46138E354 |  | 258696 | 3537 | SH |  | SOLE |  | 3537 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 1290470 | 6724 | SH |  | SOLE |  | 6724 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | RAFI US 1000 ETF | 46137V613 |  | 407094 | 8565 | SH |  | SOLE |  | 8565 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | WATER RES ETF | 46137V142 |  | 235235 | 3518 | SH |  | SOLE |  | 3518 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S 500 TOP 50 | 46137V233 |  | 3260735 | 59775 | SH |  | SOLE |  | 59775 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | INVESCO MSCI | 46137V407 |  | 362778 | 7652 | SH |  | SOLE |  | 7652 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 34125323 | 59124 | SH |  | SOLE |  | 59124 | 0 | 0 |
| IRON MTN INC DEL | COM | 46284V101 |  | 2176684 | 21311 | SH |  | SOLE |  | 21311 | 0 | 0 |
| ISHARES BITCOIN TRUST ETF | SHS BEN INT | 46438F101 |  | 343782 | 8948 | SH |  | SOLE |  | 8948 | 0 | 0 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 |  | 1245613 | 14129 | SH |  | SOLE |  | 14129 | 0 | 0 |
| ISHARES TR | CORE DIV GRWTH | 46434V621 |  | 2736459 | 38992 | SH |  | SOLE |  | 38992 | 0 | 0 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 2685399 | 39766 | SH |  | SOLE |  | 39766 | 0 | 0 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 444781 | 3578 | SH |  | SOLE |  | 3578 | 0 | 0 |
| ISHARES TR | U.S. FINLS ETF | 464287788 |  | 1399209 | 11892 | SH |  | SOLE |  | 11892 | 0 | 0 |
| ISHARES TR | US HLTHCARE ETF | 464287762 |  | 224986 | 3650 | SH |  | SOLE |  | 3650 | 0 | 0 |
| ISHARES TR | US INDUSTRIALS | 464287754 |  | 314998 | 2135 | SH |  | SOLE |  | 2135 | 0 | 0 |
| ISHARES TR | US REGNL BKS ETF | 464288778 |  | 3147075 | 58452 | SH |  | SOLE |  | 58452 | 0 | 0 |
| ISHARES TR | US TRSPRTION | 464287192 |  | 308192 | 4131 | SH |  | SOLE |  | 4131 | 0 | 0 |
| ISHARES TR | EUROPE ETF | 464287861 |  | 262588 | 3865 | SH |  | SOLE |  | 3865 | 0 | 0 |
| ISHARES TR | EXPANDED TECH | 464287515 |  | 750389 | 9374 | SH |  | SOLE |  | 9374 | 0 | 0 |
| ISHARES TR | ISHARES BIOTECH | 464287556 |  | 2320366 | 13742 | SH |  | SOLE |  | 13742 | 0 | 0 |
| ISHARES TR | GLB CNSM STP ETF | 464288737 |  | 285865 | 4266 | SH |  | SOLE |  | 4266 | 0 | 0 |
| ISHARES TR | GLOB HLTHCRE ETF | 464287325 |  | 448057 | 4790 | SH |  | SOLE |  | 4790 | 0 | 0 |
| ISHARES TR | U.S. MED DVC ETF | 464288810 |  | 403646 | 7566 | SH |  | SOLE |  | 7566 | 0 | 0 |
| ISHARES TR | MSCI ACWI ETF | 464288257 |  | 1645911 | 11895 | SH |  | SOLE |  | 11895 | 0 | 0 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 609005 | 6270 | SH |  | SOLE |  | 6270 | 0 | 0 |
| ISHARES TR | MSCI USA MIN VOL | 46429B697 |  | 280075 | 3020 | SH |  | SOLE |  | 3020 | 0 | 0 |
| ISHARES TR | MSCI USA QLT FCT | 46432F339 |  | 1775010 | 9254 | SH |  | SOLE |  | 9254 | 0 | 0 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 1670678 | 3918 | SH |  | SOLE |  | 3918 | 0 | 0 |
| ISHARES TR | RUS 1000 ETF | 464287622 |  | 360839 | 1012 | SH |  | SOLE |  | 1012 | 0 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 2400144 | 9678 | SH |  | SOLE |  | 9678 | 0 | 0 |
| ISHARES TR | S 100 ETF | 464287101 |  | 2841936 | 8935 | SH |  | SOLE |  | 8935 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 |  | 7679214 | 11756 | SH |  | SOLE |  | 11756 | 0 | 0 |
| ISHARES TR | S 500 VAL ETF | 464287408 |  | 422300 | 2000 | SH |  | SOLE |  | 2000 | 0 | 0 |
| ISHARES TR | GLOBAL 100 ETF | 464287572 |  | 1177885 | 9737 | SH |  | SOLE |  | 9737 | 0 | 0 |
| ISHARES TR | GLOBAL FINLS ETF | 464287333 |  | 742140 | 6510 | SH |  | SOLE |  | 6510 | 0 | 0 |
| ISHARES TR | GLOBAL TECH ETF | 464287291 |  | 552434 | 5526 | SH |  | SOLE |  | 5526 | 0 | 0 |
| ISHARES TR | S MC 400GR ETF | 464287606 |  | 357201 | 3550 | SH |  | SOLE |  | 3550 | 0 | 0 |
| ISHARES TR | S MC 400VL ETF | 464287705 |  | 218493 | 1649 | SH |  | SOLE |  | 1649 | 0 | 0 |
| ISHARES TR | PFD AND INCM SEC | 464288687 |  | 558263 | 18412 | SH |  | SOLE |  | 18412 | 0 | 0 |
| ISHARES TR | SELECT DIVID ETF | 464287168 |  | 8001564 | 52847 | SH |  | SOLE |  | 52847 | 0 | 0 |
| ISHARES TR | ISHARES SEMICDTR | 464287523 |  | 11790059 | 35873 | SH |  | SOLE |  | 35873 | 0 | 0 |
| ISHARES TR | US HLTHCR PR ETF | 464288828 |  | 291132 | 6957 | SH |  | SOLE |  | 6957 | 0 | 0 |
| ISHARES U S ETF TR | U.S. TECH INDEPD | 46431W648 |  | 851630 | 9636 | SH |  | SOLE |  | 9636 | 0 | 0 |
| JABIL INC | COM | 466313103 |  | 1202507 | 4527 | SH |  | SOLE |  | 4527 | 0 | 0 |
| JACOBS SOLUTIONS INC | COM | 46982L108 |  | 1110009 | 8721 | SH |  | SOLE |  | 8721 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 45534327 | 186280 | SH |  | SOLE |  | 186280 | 0 | 0 |
| JOHNSON CONTROLS INTERNATION | SHS | G51502105 |  | 2823806 | 21564 | SH |  | SOLE |  | 21564 | 0 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 66113711 | 224754 | SH |  | SOLE |  | 224754 | 0 | 0 |
| KEYSIGHT TECHNOLOGIES INC | COM | 49338L103 |  | 658769 | 2333 | SH |  | SOLE |  | 2333 | 0 | 0 |
| KIMBERLY-CLARK CORP | COM | 494368103 |  | 6968302 | 72233 | SH |  | SOLE |  | 72233 | 0 | 0 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 562474 | 16775 | SH |  | SOLE |  | 16775 | 0 | 0 |
| KKR  CO INC | COM | 48251W104 |  | 394698 | 4267 | SH |  | SOLE |  | 4267 | 0 | 0 |
| KLA CORP | COM NEW | 482480100 |  | 21859209 | 14846 | SH |  | SOLE |  | 14846 | 0 | 0 |
| KROGER CO | COM | 501044101 |  | 1788355 | 24715 | SH |  | SOLE |  | 24715 | 0 | 0 |
| L3HARRIS TECHNOLOGIES INC | COM | 502431109 |  | 8721250 | 25268 | SH |  | SOLE |  | 25268 | 0 | 0 |
| LABCORP HOLDINGS INC | COM SHS | 504922105 |  | 7897576 | 29600 | SH |  | SOLE |  | 29600 | 0 | 0 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 2718489 | 12723 | SH |  | SOLE |  | 12723 | 0 | 0 |
| LENNAR CORP | CL A | 526057104 |  | 857892 | 9879 | SH |  | SOLE |  | 9879 | 0 | 0 |
| LIBERTY BROADBAND CORP | COM SER A | 530307107 |  | 1589111 | 31643 | SH |  | SOLE |  | 31643 | 0 | 0 |
| LINDE PLC | SHS | G54950103 |  | 7002610 | 14125 | SH |  | SOLE |  | 14125 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 2328473 | 3853 | SH |  | SOLE |  | 3853 | 0 | 0 |
| LOWES COS INC | COM | 548661107 |  | 8742406 | 37000 | SH |  | SOLE |  | 37000 | 0 | 0 |
| LULULEMON ATHLETICA INC | COM | 550021109 |  | 498341 | 3255 | SH |  | SOLE |  | 3255 | 0 | 0 |
| LUMENTUM HLDGS INC | COM | 55024U109 |  | 509501 | 725 | SH |  | SOLE |  | 725 | 0 | 0 |
| MARATHON PETE CORP | COM | 56585A102 |  | 1871396 | 7664 | SH |  | SOLE |  | 7664 | 0 | 0 |
| MARRIOTT INTL INC NEW | CL A | 571903202 |  | 1829477 | 5594 | SH |  | SOLE |  | 5594 | 0 | 0 |
| MASIMO CORP | COM | 574795100 |  | 447343 | 2515 | SH |  | SOLE |  | 2515 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 1494850 | 2992 | SH |  | SOLE |  | 2992 | 0 | 0 |
| MCCORMICK  CO INC | COM NON VTG | 579780206 |  | 1508206 | 29901 | SH |  | SOLE |  | 29901 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 23568331 | 75834 | SH |  | SOLE |  | 75834 | 0 | 0 |
| MCKESSON CORP | COM | 58155Q103 |  | 1273810 | 1472 | SH |  | SOLE |  | 1472 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 1263270 | 14579 | SH |  | SOLE |  | 14579 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 6455725 | 53668 | SH |  | SOLE |  | 53668 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 4188125 | 7320 | SH |  | SOLE |  | 7320 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 774329 | 2292 | SH |  | SOLE |  | 2292 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 107154141 | 289473 | SH |  | SOLE |  | 289473 | 0 | 0 |
| MONDAY COM LTD | SHS | M7S64H106 |  | 341196 | 4937 | SH |  | SOLE |  | 4937 | 0 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 352123 | 6109 | SH |  | SOLE |  | 6109 | 0 | 0 |
| MONOLITHIC PWR SYS INC | COM | 609839105 |  | 510594 | 467 | SH |  | SOLE |  | 467 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 3103452 | 18858 | SH |  | SOLE |  | 18858 | 0 | 0 |
| NETFLIX INC. | COM | 64110L106 |  | 903425 | 9396 | SH |  | SOLE |  | 9396 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 |  | 2630692 | 24302 | SH |  | SOLE |  | 24302 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 32839214 | 353566 | SH |  | SOLE |  | 353566 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 4065216 | 76964 | SH |  | SOLE |  | 76964 | 0 | 0 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 455356 | 1587 | SH |  | SOLE |  | 1587 | 0 | 0 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 347649 | 510 | SH |  | SOLE |  | 510 | 0 | 0 |
| NOVARTIS AG | SPONSORED ADR | 66987V109 |  | 1389720 | 9098 | SH |  | SOLE |  | 9098 | 0 | 0 |
| NRG ENERGY INC | COM NEW | 629377508 |  | 444850 | 3044 | SH |  | SOLE |  | 3044 | 0 | 0 |
| NUCOR CORP | COM | 670346105 |  | 1814539 | 10731 | SH |  | SOLE |  | 10731 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 64540494 | 370072 | SH |  | SOLE |  | 370072 | 0 | 0 |
| OCCIDENTAL PETE CORP | COM | 674599105 |  | 313950 | 4830 | SH |  | SOLE |  | 4830 | 0 | 0 |
| OMNICOM GROUP INC | COM | 681919106 |  | 1663146 | 22084 | SH |  | SOLE |  | 22084 | 0 | 0 |
| ONEOK INC NEW | COM | 682680103 |  | 331041 | 3662 | SH |  | SOLE |  | 3662 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 3020600 | 20533 | SH |  | SOLE |  | 20533 | 0 | 0 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 |  | 2731914 | 29595 | SH |  | SOLE |  | 29595 | 0 | 0 |
| PACCAR INC | COM | 693718108 |  | 204897 | 1774 | SH |  | SOLE |  | 1774 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 233170 | 1594 | SH |  | SOLE |  | 1594 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 391822 | 2444 | SH |  | SOLE |  | 2444 | 0 | 0 |
| PARKER-HANNIFIN CORP | COM | 701094104 |  | 2582767 | 2885 | SH |  | SOLE |  | 2885 | 0 | 0 |
| PAYCHEX INC | COM | 704326107 |  | 219251 | 2380 | SH |  | SOLE |  | 2380 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 2199766 | 14166 | SH |  | SOLE |  | 14166 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 1483379 | 52827 | SH |  | SOLE |  | 52827 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 762582 | 4612 | SH |  | SOLE |  | 4612 | 0 | 0 |
| PHILLIPS 66 | COM | 718546104 |  | 922325 | 5063 | SH |  | SOLE |  | 5063 | 0 | 0 |
| PNC FINL SVCS GROUP INC | COM | 693475105 |  | 406820 | 1955 | SH |  | SOLE |  | 1955 | 0 | 0 |
| PPL CORP | COM | 69351T106 |  | 2674262 | 70007 | SH |  | SOLE |  | 70007 | 0 | 0 |
| PROCTER  GAMBLE CO | COM | 742718109 |  | 25318777 | 175289 | SH |  | SOLE |  | 175289 | 0 | 0 |
| PROFESIONALLY MANAGED PORTFO | AKRE FOCUS ETF | 74316P579 |  | 394102 | 7457 | SH |  | SOLE |  | 7457 | 0 | 0 |
| PROGRESSIVE CORP | COM | 743315103 |  | 500556 | 2525 | SH |  | SOLE |  | 2525 | 0 | 0 |
| PROLOGIS INC. | COM | 74340W103 |  | 2856879 | 21614 | SH |  | SOLE |  | 21614 | 0 | 0 |
| PUBLIC STORAGE OPER CO | COM | 74460D109 |  | 342121 | 1263 | SH |  | SOLE |  | 1263 | 0 | 0 |
| PUBLIC SVC ENTERPRISE GROUP | COM | 744573106 |  | 5340855 | 65977 | SH |  | SOLE |  | 65977 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 4416559 | 34295 | SH |  | SOLE |  | 34295 | 0 | 0 |
| REALTY INCOME CORP | COM | 756109104 |  | 11441017 | 187006 | SH |  | SOLE |  | 187006 | 0 | 0 |
| ROCKWELL AUTOMATION INC | COM | 773903109 |  | 218079 | 608 | SH |  | SOLE |  | 608 | 0 | 0 |
| ROPER TECHNOLOGIES INC | COM | 776696106 |  | 2190040 | 6189 | SH |  | SOLE |  | 6189 | 0 | 0 |
| ROSS STORES INC | COM | 778296103 |  | 6700366 | 30930 | SH |  | SOLE |  | 30930 | 0 | 0 |
| ROYAL BK CDA | COM | 780087102 |  | 257068 | 1589 | SH |  | SOLE |  | 1589 | 0 | 0 |
| RTX CORPORATION | COM | 75513E101 |  | 3583655 | 18578 | SH |  | SOLE |  | 18578 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 4298911 | 10107 | SH |  | SOLE |  | 10107 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 1344397 | 7202 | SH |  | SOLE |  | 7202 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 8772369 | 93343 | SH |  | SOLE |  | 93343 | 0 | 0 |
| SCHWAB STRATEGIC TR | FUNDAMENTAL US L | 808524771 |  | 1177009 | 42262 | SH |  | SOLE |  | 42262 | 0 | 0 |
| SCHWAB STRATEGIC TR | FUNDAMENTAL US S | 808524763 |  | 345736 | 10661 | SH |  | SOLE |  | 10661 | 0 | 0 |
| SCHWAB STRATEGIC TR | INTL EQTY ETF | 808524805 |  | 895581 | 36185 | SH |  | SOLE |  | 36185 | 0 | 0 |
| SCHWAB STRATEGIC TR | US BRD MKT ETF | 808524102 |  | 5856525 | 233328 | SH |  | SOLE |  | 233328 | 0 | 0 |
| SCHWAB STRATEGIC TR | FUNDAMENTAL INTL | 808524755 |  | 444676 | 9088 | SH |  | SOLE |  | 9088 | 0 | 0 |
| SCHWAB STRATEGIC TR | US LRG CAP ETF | 808524201 |  | 1441921 | 56237 | SH |  | SOLE |  | 56237 | 0 | 0 |
| SCHWAB STRATEGIC TR | US LCAP GR ETF | 808524300 |  | 1168212 | 40103 | SH |  | SOLE |  | 40103 | 0 | 0 |
| SCHWAB STRATEGIC TR | 1000 INDEX ETF | 808524722 |  | 304277 | 9712 | SH |  | SOLE |  | 9712 | 0 | 0 |
| SCHWAB STRATEGIC TR | US LCAP VA ETF | 808524409 |  | 272315 | 8928 | SH |  | SOLE |  | 8928 | 0 | 0 |
| SCHWAB STRATEGIC TR | US MID-CAP ETF | 808524508 |  | 1964694 | 63459 | SH |  | SOLE |  | 63459 | 0 | 0 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 |  | 5023274 | 163731 | SH |  | SOLE |  | 163731 | 0 | 0 |
| SEAGATE TECHNOLOGY HLDNGS PL | ORD SHS | G7997R103 |  | 483040 | 1233 | SH |  | SOLE |  | 1233 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET IND | 81369Y704 |  | 44259399 | 273662 | SH |  | SOLE |  | 273662 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET TEC | 81369Y803 |  | 179229044 | 1348601 | SH |  | SOLE |  | 1348601 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET COM | 81369Y852 |  | 55204761 | 497968 | SH |  | SOLE |  | 497968 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET REA | 81369Y860 |  | 5441328 | 133268 | SH |  | SOLE |  | 133268 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET CON | 81369Y407 |  | 54075587 | 496197 | SH |  | SOLE |  | 496197 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET CON | 81369Y308 |  | 33434212 | 407834 | SH |  | SOLE |  | 407834 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET MAT | 81369Y100 |  | 11182523 | 223785 | SH |  | SOLE |  | 223785 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET ENE | 81369Y506 |  | 39606118 | 646525 | SH |  | SOLE |  | 646525 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET FIN | 81369Y605 |  | 42459849 | 860033 | SH |  | SOLE |  | 860033 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET UTI | 81369Y886 |  | 13753261 | 299701 | SH |  | SOLE |  | 299701 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET HEA | 81369Y209 |  | 47885014 | 326615 | SH |  | SOLE |  | 326615 | 0 | 0 |
| SEMPRA | COM | 816851109 |  | 558259 | 5745 | SH |  | SOLE |  | 5745 | 0 | 0 |
| SENSATA TECHNOLOGIES HLDG PL | SHS | G8060N102 |  | 316698 | 8992 | SH |  | SOLE |  | 8992 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 |  | 485948 | 4648 | SH |  | SOLE |  | 4648 | 0 | 0 |
| SHELL PLC | SPON ADS | 780259305 |  | 476764 | 5126 | SH |  | SOLE |  | 5126 | 0 | 0 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 1207512 | 3767 | SH |  | SOLE |  | 3767 | 0 | 0 |
| SHOPIFY INC | CL A SUB VTG SHS | 82509L107 |  | 226683 | 1911 | SH |  | SOLE |  | 1911 | 0 | 0 |
| SOUTHERN CO | COM | 842587107 |  | 3313305 | 34328 | SH |  | SOLE |  | 34328 | 0 | 0 |
| SOUTHERN COPPER CORP | COM | 84265V105 |  | 14811269 | 86082 | SH |  | SOLE |  | 86082 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 4491367 | 10438 | SH |  | SOLE |  | 10438 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A698 |  | 348227 | 5345 | SH |  | SOLE |  | 5345 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A631 |  | 628088 | 2473 | SH |  | SOLE |  | 2473 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A409 |  | 401431 | 4100 | SH |  | SOLE |  | 4100 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A870 |  | 451270 | 3533 | SH |  | SOLE |  | 3533 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A102 |  | 1263699 | 4950 | SH |  | SOLE |  | 4950 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A763 |  | 13528927 | 92702 | SH |  | SOLE |  | 92702 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 8758554 | 97763 | SH |  | SOLE |  | 97763 | 0 | 0 |
| STATE STR CORP | COM | 857477103 |  | 233183 | 1842 | SH |  | SOLE |  | 1842 | 0 | 0 |
| STATE STR SPDR DOW JONES IND | UT SER 1 | 78467X109 |  | 1535012 | 3314 | SH |  | SOLE |  | 3314 | 0 | 0 |
| STATE STR SPDR S 500 ETF T | TR UNIT | 78462F103 |  | 24241287 | 37275 | SH |  | SOLE |  | 37275 | 0 | 0 |
| STATE STR SPDR S MIDCAP 40 | UTSER1 S | 78467Y107 |  | 8641850 | 14012 | SH |  | SOLE |  | 14012 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 |  | 620768 | 1889 | SH |  | SOLE |  | 1889 | 0 | 0 |
| SUNCOR ENERGY INC NEW | COM | 867224107 |  | 243814 | 3688 | SH |  | SOLE |  | 3688 | 0 | 0 |
| SYNOPSYS INC | COM | 871607107 |  | 277528 | 700 | SH |  | SOLE |  | 700 | 0 | 0 |
| SYSCO CORP | COM | 871829107 |  | 779634 | 10930 | SH |  | SOLE |  | 10930 | 0 | 0 |
| T-MOBILE US INC | COM | 872590104 |  | 1515288 | 7215 | SH |  | SOLE |  | 7215 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MANUFAC | SPONSORED ADS | 874039100 |  | 3734010 | 11049 | SH |  | SOLE |  | 11049 | 0 | 0 |
| TARGA RES CORP | COM | 87612G101 |  | 389634 | 1554 | SH |  | SOLE |  | 1554 | 0 | 0 |
| TARGET CORP | COM | 87612E106 |  | 631331 | 5209 | SH |  | SOLE |  | 5209 | 0 | 0 |
| TE CONNECTIVITY PLC | ORD SHS | G87052109 |  | 580240 | 2776 | SH |  | SOLE |  | 2776 | 0 | 0 |
| TERADYNE INC | COM | 880770102 |  | 245469 | 828 | SH |  | SOLE |  | 828 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 5276248 | 14193 | SH |  | SOLE |  | 14193 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 713887 | 3677 | SH |  | SOLE |  | 3677 | 0 | 0 |
| THE CIGNA GROUP | COM | 125523100 |  | 567911 | 2129 | SH |  | SOLE |  | 2129 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 2565787 | 5220 | SH |  | SOLE |  | 5220 | 0 | 0 |
| TIDAL TRUST II | ROUNDHILL GENER | 88636J600 |  | 296694 | 4797 | SH |  | SOLE |  | 4797 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 |  | 1962834 | 12291 | SH |  | SOLE |  | 12291 | 0 | 0 |
| TORONTO DOMINION BK ONT | COM NEW | 891160509 |  | 226183 | 2424 | SH |  | SOLE |  | 2424 | 0 | 0 |
| TOTALENERGIES SE | ACT | F92124100 |  | 299688 | 3294 | SH |  | SOLE |  | 3294 | 0 | 0 |
| TOYOTA MOTOR CORP | ADS | 892331307 |  | 224432 | 1089 | SH |  | SOLE |  | 1089 | 0 | 0 |
| TRANE TECHNOLOGIES PLC | SHS | G8994E103 |  | 39414939 | 94579 | SH |  | SOLE |  | 94579 | 0 | 0 |
| TRAVELERS COMPANIES INC | COM | 89417E109 |  | 4763718 | 16332 | SH |  | SOLE |  | 16332 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 346846 | 4822 | SH |  | SOLE |  | 4822 | 0 | 0 |
| UNILEVER PLC | SPON ADR NEW | 904767803 |  | 1386878 | 24344 | SH |  | SOLE |  | 24344 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 3010477 | 12408 | SH |  | SOLE |  | 12408 | 0 | 0 |
| UNITED PARCEL SVCS INC | CL B | 911312106 |  | 1690091 | 17179 | SH |  | SOLE |  | 17179 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 2328723 | 8606 | SH |  | SOLE |  | 8606 | 0 | 0 |
| US BANCORP | COM NEW | 902973304 |  | 709000 | 13632 | SH |  | SOLE |  | 13632 | 0 | 0 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 1794542 | 7263 | SH |  | SOLE |  | 7263 | 0 | 0 |
| VANECK ETF TRUST | SEMICONDUCTR ETF | 92189F676 |  | 8610781 | 22459 | SH |  | SOLE |  | 22459 | 0 | 0 |
| VANECK ETF TRUST | URANIUM AND NUCL | 92189F601 |  | 11452742 | 85988 | SH |  | SOLE |  | 85988 | 0 | 0 |
| VANECK ETF TRUST | PHARMACEUTCL ETF | 92189F692 |  | 298447 | 2873 | SH |  | SOLE |  | 2873 | 0 | 0 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 4277829 | 9794 | SH |  | SOLE |  | 9794 | 0 | 0 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 594175 | 2069 | SH |  | SOLE |  | 2069 | 0 | 0 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 7475932 | 84283 | SH |  | SOLE |  | 84283 | 0 | 0 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 1362839 | 2281 | SH |  | SOLE |  | 2281 | 0 | 0 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 553926 | 2115 | SH |  | SOLE |  | 2115 | 0 | 0 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 419629 | 2139 | SH |  | SOLE |  | 2139 | 0 | 0 |
| VANGUARD INDEX FDS | SML CP GRW ETF | 922908595 |  | 219097 | 725 | SH |  | SOLE |  | 725 | 0 | 0 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 33475330 | 104346 | SH |  | SOLE |  | 104346 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | FTSE EUROPE ETF | 922042874 |  | 359642 | 4363 | SH |  | SOLE |  | 4363 | 0 | 0 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 4075994 | 18953 | SH |  | SOLE |  | 18953 | 0 | 0 |
| VANGUARD STAR FDS | VG TL INTL STK F | 921909768 |  | 1230367 | 15956 | SH |  | SOLE |  | 15956 | 0 | 0 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 1520978 | 23736 | SH |  | SOLE |  | 23736 | 0 | 0 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 |  | 1690756 | 11416 | SH |  | SOLE |  | 11416 | 0 | 0 |
| VANGUARD WORLD FD | HEALTH CAR ETF | 92204A504 |  | 14605740 | 53633 | SH |  | SOLE |  | 53633 | 0 | 0 |
| VANGUARD WORLD FD | INDUSTRIAL ETF | 92204A603 |  | 27110990 | 86833 | SH |  | SOLE |  | 86833 | 0 | 0 |
| VANGUARD WORLD FD | INF TECH ETF | 92204A702 |  | 53298450 | 76389 | SH |  | SOLE |  | 76389 | 0 | 0 |
| VANGUARD WORLD FD | MATERIALS ETF | 92204A801 |  | 9575246 | 42492 | SH |  | SOLE |  | 42492 | 0 | 0 |
| VANGUARD WORLD FD | MEGA GRWTH IND | 921910816 |  | 223771 | 609 | SH |  | SOLE |  | 609 | 0 | 0 |
| VANGUARD WORLD FD | COMM SRVC ETF | 92204A884 |  | 44604586 | 248024 | SH |  | SOLE |  | 248024 | 0 | 0 |
| VANGUARD WORLD FD | UTILITIES ETF | 92204A876 |  | 7062117 | 35642 | SH |  | SOLE |  | 35642 | 0 | 0 |
| VANGUARD WORLD FD | FINANCIALS ETF | 92204A405 |  | 23374749 | 193484 | SH |  | SOLE |  | 193484 | 0 | 0 |
| VANGUARD WORLD FD | CONSUM DIS ETF | 92204A108 |  | 31051216 | 86486 | SH |  | SOLE |  | 86486 | 0 | 0 |
| VANGUARD WORLD FD | ENERGY ETF | 92204A306 |  | 8611855 | 49768 | SH |  | SOLE |  | 49768 | 0 | 0 |
| VANGUARD WORLD FD | CONSUM STP ETF | 92204A207 |  | 12950541 | 57663 | SH |  | SOLE |  | 57663 | 0 | 0 |
| VERISK ANALYTICS INC | COM | 92345Y106 |  | 680444 | 3586 | SH |  | SOLE |  | 3586 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 11625517 | 231584 | SH |  | SOLE |  | 231584 | 0 | 0 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 |  | 541653 | 1213 | SH |  | SOLE |  | 1213 | 0 | 0 |
| VERTIV HOLDINGS CO | COM CL A | 92537N108 |  | 21301555 | 85009 | SH |  | SOLE |  | 85009 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 45760580 | 151405 | SH |  | SOLE |  | 151405 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 69268189 | 557356 | SH |  | SOLE |  | 557356 | 0 | 0 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 42525867 | 185064 | SH |  | SOLE |  | 185064 | 0 | 0 |
| WEC ENERGY GROUP INC | COM | 92939U106 |  | 1938286 | 16743 | SH |  | SOLE |  | 16743 | 0 | 0 |
| WELLS FARGO  CO | PERP PFD CNV A | 949746804 |  | 12839270 | 11116 | SH |  | SOLE |  | 11116 | 0 | 0 |
| WELLS FARGO  CO | COM | 949746101 |  | 3326353 | 41783 | SH |  | SOLE |  | 41783 | 0 | 0 |
| WELLTOWER INC | COM | 95040Q104 |  | 325826 | 1648 | SH |  | SOLE |  | 1648 | 0 | 0 |
| WESTERN DIGITAL CORP | COM | 958102105 |  | 351571 | 1300 | SH |  | SOLE |  | 1300 | 0 | 0 |
| WHEATON PRECIOUS METALS CORP | COM | 962879102 |  | 1188523 | 9072 | SH |  | SOLE |  | 9072 | 0 | 0 |
| WILLIAMS COS INC | COM | 969457100 |  | 1853548 | 25468 | SH |  | SOLE |  | 25468 | 0 | 0 |
| WISDOMTREE TR | US LARGECAP DIVD | 97717W307 |  | 1543039 | 17273 | SH |  | SOLE |  | 17273 | 0 | 0 |
| WISDOMTREE TR | US MIDCAP DIVID | 97717W505 |  | 392717 | 7475 | SH |  | SOLE |  | 7475 | 0 | 0 |
| XCEL ENERGY INC | COM | 98389B100 |  | 599693 | 7549 | SH |  | SOLE |  | 7549 | 0 | 0 |
| XYLEM INC | COM | 98419M100 |  | 499152 | 4177 | SH |  | SOLE |  | 4177 | 0 | 0 |
| ZIMMER BIOMET HOLDINGS INC | COM | 98956P102 |  | 657806 | 7275 | SH |  | SOLE |  | 7275 | 0 | 0 |

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