# EDGAR Filing Document

**Accession Number:** 0001487438
**File Stem:** 0001487438-26-000003
**Filing Date:** 2026-4
**Character Count:** 27129
**Document Hash:** 190bd3ef9aaf47e1755a9fb8ef011cb7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001487438-26-000003.hdr.sgml**: 20260430

**ACCESSION NUMBER**: 0001487438-26-000003

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260430

**DATE AS OF CHANGE**: 20260430

**EFFECTIVENESS DATE**: 20260430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DONALDSON CAPITAL MANAGEMENT, LLC
- **CENTRAL INDEX KEY:** 0001487438

**ORGANIZATION NAME:**
- **EIN:** 351937665
- **STATE OF INCORPORATION:** IN
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-15535
- **FILM NUMBER:** 26921540

**BUSINESS ADDRESS:**
- **STREET 1:** 20 NORTHWEST FIRST STREET
- **STREET 2:** 5TH FLOOR
- **CITY:** EVANSVILLE
- **STATE:** IN
- **ZIP:** 47708
- **BUSINESS PHONE:** 812-421-3211

**MAIL ADDRESS:**
- **STREET 1:** 20 NORTHWEST FIRST STREET
- **STREET 2:** 5TH FLOOR
- **CITY:** EVANSVILLE
- **STATE:** IN
- **ZIP:** 47708

### 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:** DONALDSON CAPITAL MANAGEMENT LLC<br>**Address:** 20 NORTHWEST FIRST STREET<br>5TH FLOOR<br>EVANSVILLE, IN 47708

**Form 13F File Number:** 028-15535

**CRD Number (if applicable):** 000010613

**SEC File Number (if applicable):** 028-15535

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:** Jared Calvert<br>**Title:** Compliance Consultant<br>**Phone:** 8592871657

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

Jared Calvert  Covington, KY  04-30-2026<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:** 235

**Form 13F Information Table Value Total:** $3089684150

      (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 |
| ABBOTT LABORATORIES | COM | 002824100 |  | 1873962 | 18252 | SH |  | SOLE | 0 | 0 | 0 | 18252 |
| ABBVIE INC | COM | 00287Y109 |  | 104842034 | 482055 | SH |  | SOLE | 0 | 940 | 0 | 481115 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 5139434 | 25919 | SH |  | SOLE | 0 | 0 | 0 | 25919 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 397909 | 1956 | SH |  | SOLE | 0 | 0 | 0 | 1956 |
| AFLAC INC | COM | 001055102 |  | 5785586 | 52735 | SH |  | SOLE | 0 | 0 | 0 | 52735 |
| AIR PRODUCTS AND CHEMICALS I | COM | 009158106 |  | 3043275 | 10476 | SH |  | SOLE | 0 | 0 | 0 | 10476 |
| ALLSTATE CORP | COM | 020002101 |  | 6853225 | 33053 | SH |  | SOLE | 0 | 0 | 0 | 33053 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 3122597 | 10885 | SH |  | SOLE | 0 | 0 | 0 | 10885 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 18730491 | 65136 | SH |  | SOLE | 0 | 0 | 0 | 65136 |
| AMAZON COM INC | COM | 023135106 |  | 17418870 | 83636 | SH |  | SOLE | 0 | 0 | 0 | 83636 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 |  | 692102 | 5280 | SH |  | SOLE | 0 | 0 | 0 | 5280 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 205594 | 680 | SH |  | SOLE | 0 | 0 | 0 | 680 |
| AMGEN INC | COM | 031162100 |  | 2927447 | 8320 | SH |  | SOLE | 0 | 0 | 0 | 8320 |
| AMPHENOL CORP | CL A | 032095101 |  | 3348740 | 26504 | SH |  | SOLE | 0 | 0 | 0 | 26504 |
| ANALOG DEVICES INC | COM | 032654105 |  | 396721 | 1247 | SH |  | SOLE | 0 | 0 | 0 | 1247 |
| APPLE INC | COM | 037833100 |  | 143601727 | 565829 | SH |  | SOLE | 0 | 824 | 0 | 565005 |
| APPLOVIN CORP | COM CL A | 03831W108 |  | 8316210 | 20895 | SH |  | SOLE | 0 | 0 | 0 | 20895 |
| ASML HLDG NV | N Y REGISTRY SHS | N07059210 |  | 254920 | 193 | SH |  | SOLE | 0 | 0 | 0 | 193 |
| AT INC | COM | 00206R102 |  | 1137754 | 39246 | SH |  | SOLE | 0 | 0 | 0 | 39246 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 6838291 | 33656 | SH |  | SOLE | 0 | 0 | 0 | 33656 |
| AUTOZONE INC | COM | 053332102 |  | 1428801 | 423 | SH |  | SOLE | 0 | 0 | 0 | 423 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 |  | 718140 | 1 | SH |  | SOLE | 0 | 0 | 0 | 1 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 6337420 | 13225 | SH |  | SOLE | 0 | 0 | 0 | 13225 |
| BEST BUY INC | COM | 086516101 |  | 822595 | 12813 | SH |  | SOLE | 0 | 45 | 0 | 12768 |
| BLACKROCK INC | COM | 09290D101 |  | 7065563 | 7347 | SH |  | SOLE | 0 | 0 | 0 | 7347 |
| BP PLC | SPONSORED ADR | 055622104 |  | 412707 | 8781 | SH |  | SOLE | 0 | 0 | 0 | 8781 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 3943902 | 65027 | SH |  | SOLE | 0 | 102 | 0 | 64925 |
| BROADCOM INC | COM | 11135F101 |  | 153754079 | 496766 | SH |  | SOLE | 0 | 1260 | 0 | 495506 |
| CADENCE DESIGN SYSTEM INC | COM | 127387108 |  | 2029562 | 7304 | SH |  | SOLE | 0 | 0 | 0 | 7304 |
| CARRIER GLOBAL CORPORATION | COM | 14448C104 |  | 266938 | 4741 | SH |  | SOLE | 0 | 0 | 0 | 4741 |
| CATERPILLAR INC | COM | 149123101 |  | 2891895 | 4082 | SH |  | SOLE | 0 | 0 | 0 | 4082 |
| CENCORA INC | COM | 03073E105 |  | 43378896 | 138088 | SH |  | SOLE | 0 | 204 | 0 | 137884 |
| CHEVRON CORPORATION | COM | 166764100 |  | 40263169 | 194602 | SH |  | SOLE | 0 | 432 | 0 | 194170 |
| CINCINNATI FINL CORP | COM | 172062101 |  | 3435302 | 21832 | SH |  | SOLE | 0 | 832 | 0 | 21000 |
| CINTAS CORP | COM | 172908105 |  | 33379372 | 197348 | SH |  | SOLE | 0 | 493 | 0 | 196855 |
| CISCO SYS INC | COM | 17275R102 |  | 6112106 | 78774 | SH |  | SOLE | 0 | 101 | 0 | 78673 |
| CITIGROUP INC | COM NEW | 172967424 |  | 66681163 | 587965 | SH |  | SOLE | 0 | 1325 | 0 | 586640 |
| CME GROUP INC | COM | 12572Q105 |  | 5308809 | 17975 | SH |  | SOLE | 0 | 0 | 0 | 17975 |
| CNO FINL GROUP INC | COM | 12621E103 |  | 767535 | 18693 | SH |  | SOLE | 0 | 0 | 0 | 18693 |
| COCA COLA CO | COM | 191216100 |  | 2696167 | 35453 | SH |  | SOLE | 0 | 0 | 0 | 35453 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 272736 | 3200 | SH |  | SOLE | 0 | 0 | 0 | 3200 |
| COPART INC | COM | 217204106 |  | 252884 | 7617 | SH |  | SOLE | 0 | 0 | 0 | 7617 |
| COSTCO WHOLESALE CORPORATION | COM | 22160K105 |  | 82975394 | 83273 | SH |  | SOLE | 0 | 172 | 0 | 83101 |
| CRANE COMPANY | COMMON STOCK | 224408104 |  | 481023 | 2813 | SH |  | SOLE | 0 | 0 | 0 | 2813 |
| CSX CORP | COM | 126408103 |  | 1306950 | 31838 | SH |  | SOLE | 0 | 0 | 0 | 31838 |
| CUMMINS INC | COM | 231021106 |  | 6330586 | 11766 | SH |  | SOLE | 0 | 0 | 0 | 11766 |
| CVS HEALTH CORP | COM | 126650100 |  | 330647 | 4604 | SH |  | SOLE | 0 | 0 | 0 | 4604 |
| DANAHER CORP DEL | COM | 235851102 |  | 202605 | 1069 | SH |  | SOLE | 0 | 0 | 0 | 1069 |
| DEERE  CO | COM | 244199105 |  | 365024 | 648 | SH |  | SOLE | 0 | 0 | 0 | 648 |
| DIMENSIONAL ETF TRUST | US CORE EQUITY 2 | 25434V708 |  | 533703 | 13734 | SH |  | SOLE | 0 | 0 | 0 | 13734 |
| DISNEY WALT CO | COM | 254687106 |  | 474397 | 4922 | SH |  | SOLE | 0 | 0 | 0 | 4922 |
| DOMINION ENERGY INC | COM | 25746U109 |  | 1540620 | 24921 | SH |  | SOLE | 0 | 85 | 0 | 24836 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 2529132 | 19315 | SH |  | SOLE | 0 | 47 | 0 | 19268 |
| EATON CORP PLC | SHS | G29183103 |  | 25484741 | 71252 | SH |  | SOLE | 0 | 175 | 0 | 71077 |
| ECOLAB INC | COM | 278865100 |  | 4915192 | 18477 | SH |  | SOLE | 0 | 0 | 0 | 18477 |
| ELEVANCE HEALTH INC FORMERLY | COM | 036752103 |  | 361167 | 1234 | SH |  | SOLE | 0 | 0 | 0 | 1234 |
| ELI LILLY  CO | COM | 532457108 |  | 68028578 | 73963 | SH |  | SOLE | 0 | 153 | 0 | 73810 |
| EMERSON ELEC CO | COM | 291011104 |  | 536265 | 4093 | SH |  | SOLE | 0 | 0 | 0 | 4093 |
| ENBRIDGE INC | COM | 29250N105 |  | 2109240 | 38959 | SH |  | SOLE | 0 | 120 | 0 | 38839 |
| EQUIFAX INC | COM | 294429105 |  | 468002 | 2599 | SH |  | SOLE | 0 | 0 | 0 | 2599 |
| ERIE INDTY CO | CL A | 29530P102 |  | 1374666 | 5470 | SH |  | SOLE | 0 | 0 | 0 | 5470 |
| EXTRA SPACE STORAGE INC | COM | 30225T102 |  | 1402579 | 10696 | SH |  | SOLE | 0 | 30 | 0 | 10666 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 17009268 | 100255 | SH |  | SOLE | 0 | 44 | 0 | 100211 |
| FASTENAL CO | COM | 311900104 |  | 65052440 | 1401992 | SH |  | SOLE | 0 | 3382 | 0 | 1398610 |
| FEDEX CORP | COM | 31428X106 |  | 326364 | 916 | SH |  | SOLE | 0 | 0 | 0 | 916 |
| FIRST FINANCIAL CORPORATION | COM | 320218100 |  | 600779 | 9506 | SH |  | SOLE | 0 | 0 | 0 | 9506 |
| FIRST INTERNET BANCORP | COM | 320557101 |  | 290415 | 14250 | SH |  | SOLE | 0 | 0 | 0 | 14250 |
| GE AEROSPACE | COM NEW | 369604301 |  | 584077 | 2058 | SH |  | SOLE | 0 | 0 | 0 | 2058 |
| GE VERNOVA INC | COM | 36828A101 |  | 493189 | 565 | SH |  | SOLE | 0 | 0 | 0 | 565 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 53581411 | 156114 | SH |  | SOLE | 0 | 374 | 0 | 155740 |
| GENUINE PARTS CO | COM | 372460105 |  | 339635 | 3212 | SH |  | SOLE | 0 | 0 | 0 | 3212 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 2392565 | 17167 | SH |  | SOLE | 0 | 62 | 0 | 17105 |
| GOLDMAN SACHS ETF TR | ACTIVEBETA US LG | 381430503 |  | 648674 | 5184 | SH |  | SOLE | 0 | 0 | 0 | 5184 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 63516707 | 75080 | SH |  | SOLE | 0 | 163 | 0 | 74917 |
| HARTFORD FDS EXCHANGE TRADED | MUN OPORTUNITE | 41653L503 |  | 741406 | 19138 | SH |  | SOLE | 0 | 0 | 0 | 19138 |
| HDFC BANK LTD | SPONSORED ADS | 40415F101 |  | 7271827 | 292276 | SH |  | SOLE | 0 | 0 | 0 | 292276 |
| HOME DEPOT INC | COM | 437076102 |  | 63257146 | 192335 | SH |  | SOLE | 0 | 366 | 0 | 191969 |
| HONEYWELL INTL INC | COM | 438516106 |  | 702910 | 3110 | SH |  | SOLE | 0 | 0 | 0 | 3110 |
| HUNTINGTON BANCSHARES INC | COM | 446150104 |  | 1294615 | 82723 | SH |  | SOLE | 0 | 294 | 0 | 82429 |
| INTERACTIVE BROKERS GROUP IN | COM CL A | 45841N107 |  | 8376747 | 124896 | SH |  | SOLE | 0 | 0 | 0 | 124896 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 38263427 | 157859 | SH |  | SOLE | 0 | 370 | 0 | 157489 |
| INTERNATIONAL PAPER CO | COM | 460146103 |  | 1020092 | 28574 | SH |  | SOLE | 0 | 93 | 0 | 28481 |
| INTUIT | COM | 461202103 |  | 589766 | 1364 | SH |  | SOLE | 0 | 0 | 0 | 1364 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 253084 | 549 | SH |  | SOLE | 0 | 0 | 0 | 549 |
| INVESCO EXCH TRADED FD TR II | TAXABLE MUN BD | 46138G805 |  | 3269762 | 121282 | SH |  | SOLE | 0 | 0 | 0 | 121282 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 276173 | 1439 | SH |  | SOLE | 0 | 0 | 0 | 1439 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 881931 | 1528 | SH |  | SOLE | 0 | 0 | 0 | 1528 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 3463080 | 6000 | SH | Put | SOLE | 0 | 0 | 0 | 6000 |
| ISHARES BITCOIN TRUST ETF | SHS BEN INT | 46438F101 |  | 282810 | 7361 | SH |  | SOLE | 0 | 0 | 0 | 7361 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 |  | 201622 | 2287 | SH |  | SOLE | 0 | 0 | 0 | 2287 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 |  | 297135 | 4260 | SH |  | SOLE | 0 | 0 | 0 | 4260 |
| ISHARES TR | PFD AND INCM SEC | 464288687 |  | 1620999 | 53463 | SH |  | SOLE | 0 | 0 | 0 | 53463 |
| ISHARES TR | IBOXX INV CP ETF | 464287242 |  | 13090978 | 120112 | SH |  | SOLE | 0 | 0 | 0 | 120112 |
| ISHARES TR | NATIONAL MUN ETF | 464288414 |  | 2454719 | 23125 | SH |  | SOLE | 0 | 0 | 0 | 23125 |
| ISHARES TR | MSCI USA QLT FCT | 46432F339 |  | 590967 | 3081 | SH |  | SOLE | 0 | 0 | 0 | 3081 |
| ISHARES TR | MSCI USA MIN VOL | 46429B697 |  | 317449 | 3423 | SH |  | SOLE | 0 | 0 | 0 | 3423 |
| ISHARES TR | SHRT NAT MUN ETF | 464288158 |  | 464021 | 4357 | SH |  | SOLE | 0 | 0 | 0 | 4357 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 298480 | 700 | SH | Put | SOLE | 0 | 0 | 0 | 700 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 387257 | 3987 | SH |  | SOLE | 0 | 0 | 0 | 3987 |
| ISHARES TR | ULTRA SHORT DUR | 46434V878 |  | 97488991 | 1925899 | SH |  | SOLE | 0 | 0 | 0 | 1925899 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 8644347 | 128008 | SH |  | SOLE | 0 | 0 | 0 | 128008 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 |  | 904494 | 9991 | SH |  | SOLE | 0 | 0 | 0 | 9991 |
| ISHARES TR | S 500 VAL ETF | 464287408 |  | 704121 | 3335 | SH |  | SOLE | 0 | 0 | 0 | 3335 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 14676284 | 147842 | SH |  | SOLE | 0 | 0 | 0 | 147842 |
| ISHARES TR | US AER DEF ETF | 464288760 |  | 310406 | 1419 | SH |  | SOLE | 0 | 0 | 0 | 1419 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 1653579 | 3878 | SH |  | SOLE | 0 | 0 | 0 | 3878 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 541632 | 2184 | SH |  | SOLE | 0 | 0 | 0 | 2184 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 |  | 249139 | 1166 | SH |  | SOLE | 0 | 0 | 0 | 1166 |
| ISHARES TR | ISHARES SEMICDTR | 464287523 |  | 99061506 | 301410 | SH |  | SOLE | 0 | 677 | 0 | 300733 |
| ISHARES TR | FLTG RATE NT ETF | 46429B655 |  | 1625305 | 31900 | SH |  | SOLE | 0 | 0 | 0 | 31900 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 4461295 | 35888 | SH |  | SOLE | 0 | 0 | 0 | 35888 |
| ISHARES TR | JPMORGAN USD EMG | 464288281 |  | 353271 | 3761 | SH |  | SOLE | 0 | 0 | 0 | 3761 |
| ISHARES TR | CORE S ETF | 464287200 |  | 3390813 | 5191 | SH |  | SOLE | 0 | 0 | 0 | 5191 |
| ISHARES TR | MSCI USA MMENTM | 46432F396 |  | 1293726 | 5391 | SH |  | SOLE | 0 | 0 | 0 | 5391 |
| ISHARES U S ETF TR | SHORT MATURITY M | 46431W838 |  | 4026797 | 79992 | SH |  | SOLE | 0 | 0 | 0 | 79992 |
| ISHARES U S ETF TR | SHORT DURATION B | 46431W507 |  | 20950542 | 412128 | SH |  | SOLE | 0 | 0 | 0 | 412128 |
| J P MORGAN EXCHANGE TRADED F | ULTRA SHRT ETF | 46641Q837 |  | 21467464 | 424174 | SH |  | SOLE | 0 | 0 | 0 | 424174 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 8419619 | 34445 | SH |  | SOLE | 0 | 0 | 0 | 34445 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 100696752 | 342320 | SH |  | SOLE | 0 | 681 | 0 | 341639 |
| KARMAN HLDGS INC | COMMON STOCK | 485924104 |  | 280289712 | 3501433 | SH |  | SOLE | 0 | 0 | 0 | 3501433 |
| KLA CORP | COM NEW | 482480100 |  | 207610 | 141 | SH |  | SOLE | 0 | 0 | 0 | 141 |
| L3HARRIS TECHNOLOGIES INC | COM | 502431109 |  | 562940 | 1631 | SH |  | SOLE | 0 | 0 | 0 | 1631 |
| LENNOX INTL INC | COM | 526107107 |  | 1367292 | 2946 | SH |  | SOLE | 0 | 0 | 0 | 2946 |
| LINDE PLC | SHS | G54950103 |  | 203262 | 410 | SH |  | SOLE | 0 | 0 | 0 | 410 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 10284184 | 17016 | SH |  | SOLE | 0 | 9 | 0 | 17007 |
| LPL FINL HLDGS INC | COM | 50212V100 |  | 8543064 | 28398 | SH |  | SOLE | 0 | 0 | 0 | 28398 |
| MARKEL GROUP INC | COM | 570535104 |  | 8090774 | 4227 | SH |  | SOLE | 0 | 0 | 0 | 4227 |
| MARSH  MCLENNAN COS INC | COM | 571748102 |  | 989532 | 5705 | SH |  | SOLE | 0 | 0 | 0 | 5705 |
| MASTEC INC | COM | 576323109 |  | 353914 | 1100 | SH |  | SOLE | 0 | 0 | 0 | 1100 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 12449009 | 24915 | SH |  | SOLE | 0 | 0 | 0 | 24915 |
| MCDONALDS CORP | COM | 580135101 |  | 65651074 | 211239 | SH |  | SOLE | 0 | 492 | 0 | 210747 |
| MCKESSON CORP | COM | 58155Q103 |  | 423682 | 490 | SH |  | SOLE | 0 | 0 | 0 | 490 |
| MERCADOLIBRE  INC | COM | 58733R102 |  | 8800712 | 5090 | SH |  | SOLE | 0 | 0 | 0 | 5090 |
| MERCK  CO INC | COM | 58933Y105 |  | 94446866 | 785160 | SH |  | SOLE | 0 | 1891 | 0 | 783269 |
| META PLATFORMS INC | CL A | 30303M102 |  | 8731036 | 15261 | SH |  | SOLE | 0 | 0 | 0 | 15261 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 7316601 | 21657 | SH |  | SOLE | 0 | 0 | 0 | 21657 |
| MICROSOFT CORP | COM | 594918104 |  | 102663329 | 277341 | SH |  | SOLE | 0 | 396 | 0 | 276945 |
| MOODYS CORP | COM | 615369105 |  | 12993971 | 29786 | SH |  | SOLE | 0 | 0 | 0 | 29786 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 76312251 | 463707 | SH |  | SOLE | 0 | 1126 | 0 | 462581 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 |  | 2648122 | 6102 | SH |  | SOLE | 0 | 0 | 0 | 6102 |
| MSCI INC | COM | 55354G100 |  | 884515 | 1641 | SH |  | SOLE | 0 | 0 | 0 | 1641 |
| NASDAQ INC | COM | 631103108 |  | 403907 | 4758 | SH |  | SOLE | 0 | 0 | 0 | 4758 |
| NETFLIX INC. | COM | 64110L106 |  | 396715 | 4126 | SH |  | SOLE | 0 | 0 | 0 | 4126 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 8443498 | 90908 | SH |  | SOLE | 0 | 0 | 0 | 90908 |
| NIKE INC | CL B | 654106103 |  | 508393 | 9625 | SH |  | SOLE | 0 | 0 | 0 | 9625 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 4186615 | 6137 | SH |  | SOLE | 0 | 0 | 0 | 6137 |
| NOVO-NORDISK A S | ADR | 670100205 |  | 566612 | 15418 | SH |  | SOLE | 0 | 0 | 0 | 15418 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 15277330 | 87599 | SH |  | SOLE | 0 | 0 | 0 | 87599 |
| OMNICOM GROUP INC | COM | 681919106 |  | 1114211 | 14795 | SH |  | SOLE | 0 | 52 | 0 | 14743 |
| ONEOK INC NEW | COM | 682680103 |  | 2135012 | 23620 | SH |  | SOLE | 0 | 67 | 0 | 23553 |
| ORACLE CORP | COM | 68389X105 |  | 251523 | 1710 | SH |  | SOLE | 0 | 0 | 0 | 1710 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 |  | 5691927 | 61661 | SH |  | SOLE | 0 | 0 | 0 | 61661 |
| PACCAR INC | COM | 693718108 |  | 56056974 | 485342 | SH |  | SOLE | 0 | 1327 | 0 | 484015 |
| PAYCHEX INC | COM | 704326107 |  | 51204849 | 555849 | SH |  | SOLE | 0 | 1405 | 0 | 554444 |
| PENSKE AUTOMOTIVE GRP INC | COM | 70959W103 |  | 275615 | 1843 | SH |  | SOLE | 0 | 0 | 0 | 1843 |
| PEPSICO INC | COM | 713448108 |  | 2630375 | 16938 | SH |  | SOLE | 0 | 30 | 0 | 16908 |
| PFIZER INC | COM | 717081103 |  | 1384492 | 49305 | SH |  | SOLE | 0 | 162 | 0 | 49143 |
| PHILLIPS 66 | COM | 718546104 |  | 262521 | 1441 | SH |  | SOLE | 0 | 0 | 0 | 1441 |
| PIMCO ETF TR | MTG BKD SECS ACT | 72201R569 |  | 226027 | 4557 | SH |  | SOLE | 0 | 0 | 0 | 4557 |
| PNC FINL SVCS GROUP INC | COM | 693475105 |  | 1892579 | 9095 | SH |  | SOLE | 0 | 32 | 0 | 9063 |
| PRICE T ROWE GROUP INC | COM | 74144T108 |  | 36103117 | 400523 | SH |  | SOLE | 0 | 982 | 0 | 399541 |
| PROCTER  GAMBLE CO | COM | 742718109 |  | 1045741 | 7240 | SH |  | SOLE | 0 | 0 | 0 | 7240 |
| PROGRESSIVE CORP | COM | 743315103 |  | 664329 | 3351 | SH |  | SOLE | 0 | 0 | 0 | 3351 |
| PROSHARES TR | PSHS ULTRA QQQ | 74347R206 |  | 1708000 | 28000 | SH |  | SOLE | 0 | 0 | 0 | 28000 |
| PROSHARES TR | S 500 DV ARIST | 74348A467 |  | 1693848 | 15978 | SH |  | SOLE | 0 | 0 | 0 | 15978 |
| PROSHARES TR | PSHS ULT S 500 | 74347R107 |  | 1249270 | 24080 | SH |  | SOLE | 0 | 0 | 0 | 24080 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 1405095 | 14383 | SH |  | SOLE | 0 | 44 | 0 | 14339 |
| REPUBLIC SVCS INC | COM | 760759100 |  | 2041266 | 9320 | SH |  | SOLE | 0 | 0 | 0 | 9320 |
| ROLLINS INC | COM | 775711104 |  | 1502113 | 28124 | SH |  | SOLE | 0 | 0 | 0 | 28124 |
| ROSS STORES INC | COM | 778296103 |  | 329927 | 1523 | SH |  | SOLE | 0 | 0 | 0 | 1523 |
| ROYAL BK CDA | COM | 780087102 |  | 1504770 | 9301 | SH |  | SOLE | 0 | 0 | 0 | 9301 |
| RTX CORPORATION | COM | 75513E101 |  | 74266357 | 384999 | SH |  | SOLE | 0 | 736 | 0 | 384263 |
| SCHWAB STRATEGIC TR | INTL EQTY ETF | 808524805 |  | 2215783 | 89527 | SH |  | SOLE | 0 | 0 | 0 | 89527 |
| SCHWAB STRATEGIC TR | US SML CAP ETF | 808524607 |  | 1101211 | 37868 | SH |  | SOLE | 0 | 0 | 0 | 37868 |
| SCHWAB STRATEGIC TR | US LRG CAP ETF | 808524201 |  | 361564 | 14102 | SH |  | SOLE | 0 | 0 | 0 | 14102 |
| SCHWAB STRATEGIC TR | US BRD MKT ETF | 808524102 |  | 5543485 | 220856 | SH |  | SOLE | 0 | 0 | 0 | 220856 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 |  | 8609896 | 280635 | SH |  | SOLE | 0 | 0 | 0 | 280635 |
| SCHWAB STRATEGIC TR | US LCAP GR ETF | 808524300 |  | 24723243 | 848721 | SH |  | SOLE | 0 | 0 | 0 | 848721 |
| SCHWAB STRATEGIC TR | MUN BD ETF | 808524649 |  | 1829260 | 71792 | SH |  | SOLE | 0 | 0 | 0 | 71792 |
| SCHWAB STRATEGIC TR | US MID-CAP ETF | 808524508 |  | 670932 | 21671 | SH |  | SOLE | 0 | 0 | 0 | 21671 |
| SELECT SECTOR SPDR TR | STATE STREET IND | 81369Y704 |  | 1070720 | 6620 | SH |  | SOLE | 0 | 0 | 0 | 6620 |
| SELECT SECTOR SPDR TR | STATE STREET COM | 81369Y852 |  | 126666765 | 1142583 | SH |  | SOLE | 0 | 2049 | 0 | 1140534 |
| SELECT SECTOR SPDR TR | STATE STREET UTI | 81369Y886 |  | 504423 | 10992 | SH |  | SOLE | 0 | 0 | 0 | 10992 |
| SELECT SECTOR SPDR TR | STATE STREET TEC | 81369Y803 |  | 8251470 | 62088 | SH |  | SOLE | 0 | 0 | 0 | 62088 |
| SELECT SECTOR SPDR TR | STATE STREET ENE | 81369Y506 |  | 780359 | 12738 | SH |  | SOLE | 0 | 0 | 0 | 12738 |
| SELECT SECTOR SPDR TR | STATE STREET HEA | 81369Y209 |  | 389444 | 2656 | SH |  | SOLE | 0 | 0 | 0 | 2656 |
| SELECT SECTOR SPDR TR | STATE STREET FIN | 81369Y605 |  | 824905 | 16709 | SH |  | SOLE | 0 | 0 | 0 | 16709 |
| SOMNIGROUP INTERNATIONAL INC | COM | 88023U101 |  | 7945178 | 107483 | SH |  | SOLE | 0 | 0 | 0 | 107483 |
| SOUTHERN CO | COM | 842587107 |  | 2493464 | 25834 | SH |  | SOLE | 0 | 63 | 0 | 25771 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 273664 | 636 | SH |  | SOLE | 0 | 0 | 0 | 636 |
| SPDR INDEX SHS FDS | STATE STREET SPD | 78463X889 |  | 381543 | 8358 | SH |  | SOLE | 0 | 0 | 0 | 8358 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A805 |  | 317900 | 4021 | SH |  | SOLE | 0 | 0 | 0 | 4021 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A508 |  | 233789 | 4132 | SH |  | SOLE | 0 | 0 | 0 | 4132 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A763 |  | 1494963 | 10244 | SH |  | SOLE | 0 | 0 | 0 | 10244 |
| SPDR SERIES TRUST | STATE STREET SPD | 78468R663 |  | 380306 | 4150 | SH |  | SOLE | 0 | 0 | 0 | 4150 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A854 |  | 757287 | 9894 | SH |  | SOLE | 0 | 0 | 0 | 9894 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A409 |  | 396046 | 4045 | SH |  | SOLE | 0 | 0 | 0 | 4045 |
| STARBUCKS CORP | COM | 855244109 |  | 972141 | 10851 | SH |  | SOLE | 0 | 0 | 0 | 10851 |
| STATE STR SPDR DOW JONES IND | UT SER 1 | 78467X109 |  | 318803 | 688 | SH |  | SOLE | 0 | 0 | 0 | 688 |
| STATE STR SPDR S 500 ETF T | TR UNIT | 78462F103 |  | 3506636 | 5392 | SH |  | SOLE | 0 | 0 | 0 | 5392 |
| STRYKER CORPORATION | COM | 863667101 |  | 629907 | 1917 | SH |  | SOLE | 0 | 0 | 0 | 1917 |
| TAIWAN SEMICONDUCTOR MANUFAC | SPONSORED ADS | 874039100 |  | 8894879 | 26320 | SH |  | SOLE | 0 | 0 | 0 | 26320 |
| TARGET CORP | COM | 87612E106 |  | 1356228 | 11190 | SH |  | SOLE | 0 | 49 | 0 | 11141 |
| TE CONNECTIVITY PLC | ORD SHS | G87052109 |  | 306423 | 1466 | SH |  | SOLE | 0 | 0 | 0 | 1466 |
| TESLA INC | COM | 88160R101 |  | 916364 | 2465 | SH |  | SOLE | 0 | 0 | 0 | 2465 |
| TEXAS INSTRS INC | COM | 882508104 |  | 2971904 | 15308 | SH |  | SOLE | 0 | 0 | 0 | 15308 |
| TJX COS INC NEW | COM | 872540109 |  | 991453 | 6208 | SH |  | SOLE | 0 | 0 | 0 | 6208 |
| TORONTO DOMINION BK ONT | COM NEW | 891160509 |  | 1774663 | 19019 | SH |  | SOLE | 0 | 67 | 0 | 18952 |
| TOYOTA MOTOR CORP | ADS | 892331307 |  | 206090 | 1000 | SH |  | SOLE | 0 | 0 | 0 | 1000 |
| TRAVELERS COMPANIES INC | COM | 89417E109 |  | 475216 | 1629 | SH |  | SOLE | 0 | 0 | 0 | 1629 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 8884937 | 123522 | SH |  | SOLE | 0 | 0 | 0 | 123522 |
| UNION PAC CORP | COM | 907818108 |  | 900429 | 3711 | SH |  | SOLE | 0 | 0 | 0 | 3711 |
| UNITED PARCEL SVCS INC | CL B | 911312106 |  | 1766019 | 17951 | SH |  | SOLE | 0 | 41 | 0 | 17910 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 837121 | 3094 | SH |  | SOLE | 0 | 0 | 0 | 3094 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 4424452 | 17907 | SH |  | SOLE | 0 | 23 | 0 | 17884 |
| VANECK ETF TRUST | HIGH YLD MUNIETF | 92189H409 |  | 295726 | 5898 | SH |  | SOLE | 0 | 0 | 0 | 5898 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 11231735 | 18796 | SH |  | SOLE | 0 | 0 | 0 | 18796 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 753309 | 2348 | SH |  | SOLE | 0 | 0 | 0 | 2348 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 872453 | 3038 | SH |  | SOLE | 0 | 0 | 0 | 3038 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 5660223 | 12959 | SH |  | SOLE | 0 | 0 | 0 | 12959 |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 |  | 620626 | 8264 | SH |  | SOLE | 0 | 0 | 0 | 8264 |
| VANGUARD MUN BD FDS | TAX EXEMPT BD | 922907746 |  | 217071 | 4351 | SH |  | SOLE | 0 | 0 | 0 | 4351 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 10265515 | 47733 | SH |  | SOLE | 0 | 0 | 0 | 47733 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 420108 | 6556 | SH |  | SOLE | 0 | 0 | 0 | 6556 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 |  | 4879927 | 32950 | SH |  | SOLE | 0 | 0 | 0 | 32950 |
| VANGUARD WHITEHALL FDS | INTL HIGH ETF | 921946794 |  | 2097211 | 22254 | SH |  | SOLE | 0 | 0 | 0 | 22254 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 2438643 | 48579 | SH |  | SOLE | 0 | 123 | 0 | 48456 |
| VISA INC | COM CL A | 92826C839 |  | 14001561 | 46326 | SH |  | SOLE | 0 | 0 | 0 | 46326 |
| WALMART INC | COM | 931142103 |  | 1767383 | 14221 | SH |  | SOLE | 0 | 0 | 0 | 14221 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 1313939 | 5718 | SH |  | SOLE | 0 | 0 | 0 | 5718 |
| WATSCO INC | COM | 942622200 |  | 59166331 | 162639 | SH |  | SOLE | 0 | 357 | 0 | 162282 |
| WEC ENERGY GROUP INC | COM | 92939U106 |  | 51176497 | 442053 | SH |  | SOLE | 0 | 1038 | 0 | 441015 |
| WELLS FARGO  CO | COM | 949746101 |  | 306260 | 3847 | SH |  | SOLE | 0 | 0 | 0 | 3847 |
| WHIRLPOOL CORP | COM | 963320106 |  | 463550 | 8597 | SH |  | SOLE | 0 | 35 | 0 | 8562 |
| XCEL ENERGY INC | COM | 98389B100 |  | 38427206 | 483726 | SH |  | SOLE | 0 | 1301 | 0 | 482425 |

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