# EDGAR Filing Document

**Accession Number:** 0001307878
**File Stem:** 0001172661-26-001771
**Filing Date:** 2026-5
**Character Count:** 22186
**Document Hash:** 6a848946acccb397492e5c7efae0e96a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001172661-26-001771.hdr.sgml**: 20260513

**ACCESSION NUMBER**: 0001172661-26-001771

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260513

**DATE AS OF CHANGE**: 20260513

**EFFECTIVENESS DATE**: 20260513

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** LAFFER TENGLER INVESTMENTS, INC.
- **CENTRAL INDEX KEY:** 0001307878

**ORGANIZATION NAME:**
- **EIN:** 200536838
- **STATE OF INCORPORATION:** TN
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-10975
- **FILM NUMBER:** 26972080

**BUSINESS ADDRESS:**
- **STREET 1:** 1005 17TH AVE S
- **STREET 2:** SUITE 900
- **CITY:** NASHVILLE
- **STATE:** TN
- **ZIP:** 37212
- **BUSINESS PHONE:** 800-838-3468

**MAIL ADDRESS:**
- **STREET 1:** 6730 N SCOTTSDALE ROAD
- **STREET 2:** SUITE 230
- **CITY:** SCOTTSDALE
- **STATE:** AZ
- **ZIP:** 85253

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Laffer Tengler Investments, Inc.
- **DATE OF NAME CHANGE:** 20230803

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Laffer Tengler Investments
- **DATE OF NAME CHANGE:** 20200813

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Laffer Investments
- **DATE OF NAME CHANGE:** 20041104

### 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:** LAFFER TENGLER INVESTMENTS INC.<br>**Address:** 6730 N Scottsdale Road<br>Suite 230<br>Scottsdale, AZ 85253

**Form 13F File Number:** 028-10975

**CRD Number (if applicable):** 000108068

**SEC File Number (if applicable):** 801-56953

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:** Sheila Asher<br>**Title:** Chief Operating Officer<br>**Phone:** 480-998-2269

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

/s/ Sheila Asher  Scottsdale, AZ  05-13-2026<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:** 182

**Form 13F Information Table Value Total:** $677244198

      (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 |  | 223923 | 2181 | SH |  | SOLE |  | 2181 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 15347091 | 70564 | SH |  | SOLE |  | 70564 | 0 | 0 |
| ADVANCED ENERGY INDS | NOTE 2.500% 9/1 | 007973AE0 |  | 3236261 | 1344 | PRN |  | SOLE |  | 1344 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 2261531 | 11117 | SH |  | SOLE |  | 11117 | 0 | 0 |
| AEROVIRONMENT INC | COM | 008073108 |  | 273843 | 1496 | SH |  | SOLE |  | 1496 | 0 | 0 |
| ALBEMARLE CORP | 7.25% DEP SHS A | 012653200 |  | 2541113 | 35305 | SH |  | SOLE |  | 35305 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 21181670 | 73660 | SH |  | SOLE |  | 73660 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 1417662 | 4942 | SH |  | SOLE |  | 4942 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 11158482 | 53577 | SH |  | SOLE |  | 53577 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 19330287 | 63906 | SH |  | SOLE |  | 63906 | 0 | 0 |
| AMERICAN WTR CAP CORP | NOTE 3.625% 6/1 | 03040WBE4 |  | 2793696 | 2740 | PRN |  | SOLE |  | 2740 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 505608 | 1437 | SH |  | SOLE |  | 1437 | 0 | 0 |
| APOLLO GLOBAL MGMT INC | SER A MAND CNV | 03769M304 |  | 3081910 | 52450 | SH |  | SOLE |  | 52450 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 18962007 | 74715 | SH |  | SOLE |  | 74715 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 |  | 461417 | 1350 | SH |  | SOLE |  | 1350 | 0 | 0 |
| ARES MANAGEMENT CORPORATION | 6.75 SE B PFD | 03990B309 |  | 2543758 | 69610 | SH |  | SOLE |  | 69610 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 443625 | 9100 | SH |  | SOLE |  | 9100 | 0 | 0 |
| BANK AMERICA CORP | 7.25%CNV PFD L | 060505682 |  | 5091364 | 4213 | SH |  | SOLE |  | 4213 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 1166373 | 2434 | SH |  | SOLE |  | 2434 | 0 | 0 |
| BLACKROCK ETF TRUST II | ISHARES AAA CLO | 092528504 |  | 1411104 | 27223 | SH |  | SOLE |  | 27223 | 0 | 0 |
| BLACKROCK ETF TRUST II | ISHARES FLEXIBLE | 092528603 |  | 969170 | 18663 | SH |  | SOLE |  | 18663 | 0 | 0 |
| BLACKSTONE MORTGAGE TRUST IN | NOTE 5.500% 3/1 | 09257WAE0 |  | 2866059 | 2864 | PRN |  | SOLE |  | 2864 | 0 | 0 |
| BLACKSTONE SECD LENDING FD | COMMON STOCK | 09261X102 |  | 950230 | 40111 | SH |  | SOLE |  | 40111 | 0 | 0 |
| BOEING CO | DEP CONV PFD A | 097023204 |  | 3303135 | 51005 | SH |  | SOLE |  | 51005 | 0 | 0 |
| BOFA FIN LLC | MTNF 0.600% 5/2 | 09709UV70 |  | 1803465 | 1500 | PRN |  | SOLE |  | 1500 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 24001262 | 77546 | SH |  | SOLE |  | 77546 | 0 | 0 |
| BROOKFIELD ASSET MANAGMT LTD | CL A LMT VTG SHS | 113004105 |  | 7224014 | 162520 | SH |  | SOLE |  | 162520 | 0 | 0 |
| BWX TECHNOLOGIES INC | COM | 05605H100 |  | 517973 | 2533 | SH |  | SOLE |  | 2533 | 0 | 0 |
| CAMECO CORP | COM | 13321L108 |  | 785359 | 7231 | SH |  | SOLE |  | 7231 | 0 | 0 |
| CAPITAL SOUTHWEST CORP | NOTE 5.125%11/1 | 140501AE7 |  | 3523319 | 3431 | PRN |  | SOLE |  | 3431 | 0 | 0 |
| CARRIER GLOBAL CORPORATION | COM | 14448C104 |  | 8300376 | 147405 | SH |  | SOLE |  | 147405 | 0 | 0 |
| CENTERPOINT ENERGY INC | NOTE 4.250% 8/1 | 15189TBD8 |  | 3193697 | 2670 | PRN |  | SOLE |  | 2670 | 0 | 0 |
| CENTRUS ENERGY CORP | CL A | 15643U104 |  | 231569 | 1334 | SH |  | SOLE |  | 1334 | 0 | 0 |
| CHEVRON CORPORATION | COM | 166764100 |  | 11042378 | 53370 | SH |  | SOLE |  | 53370 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 9567700 | 123311 | SH |  | SOLE |  | 123311 | 0 | 0 |
| CMS ENERGY CORP | NOTE 3.375% 5/0 | 125896BX7 |  | 2925074 | 2525 | PRN |  | SOLE |  | 2525 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 260015 | 3419 | SH |  | SOLE |  | 3419 | 0 | 0 |
| COHERENT CORP | COM | 19247G107 |  | 790143 | 3317 | SH |  | SOLE |  | 3317 | 0 | 0 |
| COINBASE GLOBAL INC | NOTE 0.250% 4/0 | 19260QAF4 |  | 756955 | 812 | PRN |  | SOLE |  | 812 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 233640 | 1770 | SH |  | SOLE |  | 1770 | 0 | 0 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 |  | 407426 | 1459 | SH |  | SOLE |  | 1459 | 0 | 0 |
| COSTCO WHOLESALE CORPORATION | COM | 22160K105 |  | 5349833 | 5369 | SH |  | SOLE |  | 5369 | 0 | 0 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 4437010 | 11365 | SH |  | SOLE |  | 11365 | 0 | 0 |
| D R HORTON INC | COM | 23331A109 |  | 6537847 | 47645 | SH |  | SOLE |  | 47645 | 0 | 0 |
| DARDEN RESTAURANTS INC | COM | 237194105 |  | 239365 | 1221 | SH |  | SOLE |  | 1221 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 5504004 | 9771 | SH |  | SOLE |  | 9771 | 0 | 0 |
| DIAMONDBACK ENERGY INC | COM | 25278X109 |  | 310926 | 1572 | SH |  | SOLE |  | 1572 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 |  | 4170075 | 11659 | SH |  | SOLE |  | 11659 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 378025 | 411 | SH |  | SOLE |  | 411 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 |  | 8790525 | 67093 | SH |  | SOLE |  | 67093 | 0 | 0 |
| EOG RES INC | COM | 26875P101 |  | 5758079 | 39829 | SH |  | SOLE |  | 39829 | 0 | 0 |
| EQT CORP | COM | 26884L109 |  | 3184036 | 50032 | SH |  | SOLE |  | 50032 | 0 | 0 |
| ETF OPPORTUNITIES TRUST | LAFFER TEN EQ IN | 26923N769 |  | 1967867 | 54382 | SH |  | SOLE |  | 54382 | 0 | 0 |
| ETFIS SER TR I | VIRTUS INFRCAP | 26923G822 |  | 1529464 | 75121 | SH |  | SOLE |  | 75121 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 603990 | 3560 | SH |  | SOLE |  | 3560 | 0 | 0 |
| FIRSTENERGY CORP | NOTE 4.000% 5/0 | 337932AR8 |  | 2768214 | 2464 | PRN |  | SOLE |  | 2464 | 0 | 0 |
| GE VERNOVA INC | COM | 36828A101 |  | 3545720 | 4062 | SH |  | SOLE |  | 4062 | 0 | 0 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 519292 | 1513 | SH |  | SOLE |  | 1513 | 0 | 0 |
| GLOBAL PMTS INC | NOTE 1.500% 3/0 | 37940XAU6 |  | 2581769 | 2923 | PRN |  | SOLE |  | 2923 | 0 | 0 |
| GLOBAL X FDS | US INFR DEV ETF | 37954Y673 |  | 508100 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 24779893 | 29291 | SH |  | SOLE |  | 29291 | 0 | 0 |
| GRANITESHARES PLATINUM TR | SHS BEN INT | 38748T103 |  | 531201 | 28091 | SH |  | SOLE |  | 28091 | 0 | 0 |
| HAEMONETICS CORP MASS | NOTE 2.500% 6/0 | 405024AD2 |  | 1345811 | 1389 | PRN |  | SOLE |  | 1389 | 0 | 0 |
| HALOZYME THERAPEUTICS INC | NOTE 0.250% 3/0 | 40637HAD1 |  | 2052106 | 1968 | PRN |  | SOLE |  | 1968 | 0 | 0 |
| HEWLETT PACKARD ENTERPRISE C | 7.625 MAND CONV | 42824C208 |  | 4139068 | 63630 | SH |  | SOLE |  | 63630 | 0 | 0 |
| HILTON WORLDWIDE HLDGS INC | COM | 43300A203 |  | 427536 | 1406 | SH |  | SOLE |  | 1406 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 12209055 | 37122 | SH |  | SOLE |  | 37122 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 509246 | 2253 | SH |  | SOLE |  | 2253 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 5836024 | 24077 | SH |  | SOLE |  | 24077 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 766626 | 1663 | SH |  | SOLE |  | 1663 | 0 | 0 |
| INVESCO ACTIVELY MANAGED EXC | VAR RATE INVT | 46090A879 |  | 1503702 | 60064 | SH |  | SOLE |  | 60064 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 985083 | 1707 | SH |  | SOLE |  | 1707 | 0 | 0 |
| IRIDIUM COMMUNICATIONS INC | COM | 46269C102 |  | 469167 | 16913 | SH |  | SOLE |  | 16913 | 0 | 0 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 |  | 260160 | 2951 | SH |  | SOLE |  | 2951 | 0 | 0 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 |  | 1050993 | 15068 | SH |  | SOLE |  | 15068 | 0 | 0 |
| ISHARES INC | MSCI JAPAN ETF | 46434G822 |  | 915161 | 10838 | SH |  | SOLE |  | 10838 | 0 | 0 |
| ISHARES INC | MSCI EURZONE ETF | 464286608 |  | 703760 | 11235 | SH |  | SOLE |  | 11235 | 0 | 0 |
| ISHARES TR | MSCI INDIA ETF | 46429B598 |  | 452147 | 9653 | SH |  | SOLE |  | 9653 | 0 | 0 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 |  | 209183 | 979 | SH |  | SOLE |  | 979 | 0 | 0 |
| ISHARES TR | RUS 1000 ETF | 464287622 |  | 674612 | 1892 | SH |  | SOLE |  | 1892 | 0 | 0 |
| ISHARES TR | S 500 GRWT ETF | 464287309 |  | 2810105 | 24844 | SH |  | SOLE |  | 24844 | 0 | 0 |
| ISHARES TR | MSCI UK ETF NEW | 46435G334 |  | 528496 | 11600 | SH |  | SOLE |  | 11600 | 0 | 0 |
| ISHARES TR | 0-5YR HI YL CP | 46434V407 |  | 2005282 | 47395 | SH |  | SOLE |  | 47395 | 0 | 0 |
| ISHARES TR | YLD OPTIM BD | 46434V787 |  | 1459854 | 64796 | SH |  | SOLE |  | 64796 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 |  | 779933 | 1194 | SH |  | SOLE |  | 1194 | 0 | 0 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 593853 | 6114 | SH |  | SOLE |  | 6114 | 0 | 0 |
| ISHARES TR | BROAD USD HIGH | 46435U853 |  | 671704 | 18233 | SH |  | SOLE |  | 18233 | 0 | 0 |
| ISHARES TR | S 500 VAL ETF | 464287408 |  | 1910696 | 9049 | SH |  | SOLE |  | 9049 | 0 | 0 |
| ITRON INC | NOTE 1.375% 7/1 | 465741AQ9 |  | 2506540 | 2477 | PRN |  | SOLE |  | 2477 | 0 | 0 |
| JANUS DETROIT STR TR | HENDRSON AAA CL | 47103U845 |  | 1634960 | 32459 | SH |  | SOLE |  | 32459 | 0 | 0 |
| JAZZ INVESTMENTS I LTD | NOTE 2.000% 6/1 | 472145AF8 |  | 2791535 | 2274 | PRN |  | SOLE |  | 2274 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 11927939 | 48797 | SH |  | SOLE |  | 48797 | 0 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 19028622 | 64688 | SH |  | SOLE |  | 64688 | 0 | 0 |
| KKR  CO INC | 6.25 CON SER D | 48251W500 |  | 2436973 | 60730 | SH |  | SOLE |  | 60730 | 0 | 0 |
| KRATOS DEFENSE  SEC SOLUTIO | COM NEW | 50077B207 |  | 222389 | 3154 | SH |  | SOLE |  | 3154 | 0 | 0 |
| L3HARRIS TECHNOLOGIES INC | COM | 502431109 |  | 11749251 | 34041 | SH |  | SOLE |  | 34041 | 0 | 0 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 24424329 | 114314 | SH |  | SOLE |  | 114314 | 0 | 0 |
| LANTHEUS HLDGS INC | NOTE 2.625%12/1 | 516544AB9 |  | 1841738 | 1515 | PRN |  | SOLE |  | 1515 | 0 | 0 |
| LINDE PLC | SHS | G54950103 |  | 833868 | 1682 | SH |  | SOLE |  | 1682 | 0 | 0 |
| LISTED FDS TR | HORIZON KINETICS | 53656F623 |  | 1041200 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 613456 | 1015 | SH |  | SOLE |  | 1015 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 8321713 | 26776 | SH |  | SOLE |  | 26776 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 5468135 | 63106 | SH |  | SOLE |  | 63106 | 0 | 0 |
| MERCADOLIBRE INC | COM | 58733R102 |  | 492771 | 285 | SH |  | SOLE |  | 285 | 0 | 0 |
| MERITAGE HOMES CORP | NOTE 1.750% 5/1 | 59001ABF8 |  | 1950454 | 1993 | PRN |  | SOLE |  | 1993 | 0 | 0 |
| MICROCHIP TECHNOLOGY INC. | DEP SHS REPSTG | 595017302 |  | 2968512 | 51755 | SH |  | SOLE |  | 51755 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 22183716 | 59928 | SH |  | SOLE |  | 59928 | 0 | 0 |
| MKS INC. | NOTE 1.250% 6/0 | 55306NAB0 |  | 1903419 | 1143 | PRN |  | SOLE |  | 1143 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 233196 | 1417 | SH |  | SOLE |  | 1417 | 0 | 0 |
| NATIONAL GRID PLC | SPONSORED ADR NE | 636274409 |  | 235949 | 2789 | SH |  | SOLE |  | 2789 | 0 | 0 |
| NETFLIX INC. | COM | 64110L106 |  | 2566244 | 26690 | SH |  | SOLE |  | 26690 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 6827144 | 73505 | SH |  | SOLE |  | 73505 | 0 | 0 |
| NRG ENERGY INC | COM NEW | 629377508 |  | 416499 | 2850 | SH |  | SOLE |  | 2850 | 0 | 0 |
| NUTANIX INC | NOTE 0.500%12/1 | 67059NAK4 |  | 373871 | 412 | PRN |  | SOLE |  | 412 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 9160011 | 52523 | SH |  | SOLE |  | 52523 | 0 | 0 |
| ON SEMICONDUCTOR CORP | NOTE 0.500% 3/0 | 682189AU9 |  | 2900899 | 2960 | PRN |  | SOLE |  | 2960 | 0 | 0 |
| ORACLE CORP | 6.5 DEP CUM SR D | 68389X204 |  | 2283979 | 49970 | SH |  | SOLE |  | 49970 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 9756846 | 66323 | SH |  | SOLE |  | 66323 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 4300047 | 29396 | SH |  | SOLE |  | 29396 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 8182733 | 51040 | SH |  | SOLE |  | 51040 | 0 | 0 |
| PAN AMERN SILVER CORP | COM | 697900108 |  | 807213 | 14776 | SH |  | SOLE |  | 14776 | 0 | 0 |
| PARSONS CORP DEL | NOTE 2.625% 3/0 | 70202LAD4 |  | 634574 | 641 | PRN |  | SOLE |  | 641 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 330845 | 2001 | SH |  | SOLE |  | 2001 | 0 | 0 |
| PINNACLE WEST CAP CORP | NOTE 4.750% 6/1 | 723484AK7 |  | 3314716 | 2823 | PRN |  | SOLE |  | 2823 | 0 | 0 |
| PLANET LABS PBC | COM CL A | 72703X106 |  | 767367 | 27455 | SH |  | SOLE |  | 27455 | 0 | 0 |
| PPL CAP FDG INC | NOTE 2.875% 3/1 | 69352PAS2 |  | 3285176 | 2797 | PRN |  | SOLE |  | 2797 | 0 | 0 |
| PROCTER  GAMBLE CO | COM | 742718109 |  | 264903 | 1834 | SH |  | SOLE |  | 1834 | 0 | 0 |
| PROGRESSIVE CORP | COM | 743315103 |  | 302911 | 1528 | SH |  | SOLE |  | 1528 | 0 | 0 |
| PROLOGIS INC. | COM | 74340W103 |  | 6713819 | 50793 | SH |  | SOLE |  | 50793 | 0 | 0 |
| QUANTA SVCS INC | COM | 74762E102 |  | 13146833 | 23946 | SH |  | SOLE |  | 23946 | 0 | 0 |
| ROCKET LAB CORP | COM | 773121108 |  | 578815 | 9013 | SH |  | SOLE |  | 9013 | 0 | 0 |
| RTX CORPORATION | COM | 75513E101 |  | 14467886 | 75002 | SH |  | SOLE |  | 75002 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 395180 | 2117 | SH |  | SOLE |  | 2117 | 0 | 0 |
| SCHWAB STRATEGIC TR | INTL EQTY ETF | 808524805 |  | 1182035 | 47759 | SH |  | SOLE |  | 47759 | 0 | 0 |
| SERVE ROBOTICS INC | COM | 81758H106 |  | 238784 | 28292 | SH |  | SOLE |  | 28292 | 0 | 0 |
| SERVICENOW INC | COM | 81762P102 |  | 6564067 | 62784 | SH |  | SOLE |  | 62784 | 0 | 0 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 2237118 | 6979 | SH |  | SOLE |  | 6979 | 0 | 0 |
| SHIFT4 PMTS INC | 6 SER A CNV PREF | 82452J307 |  | 264655 | 4850 | SH |  | SOLE |  | 4850 | 0 | 0 |
| SIMON PPTY GROUP INC NEW | COM | 828806109 |  | 212085 | 1137 | SH |  | SOLE |  | 1137 | 0 | 0 |
| SOUTHERN CO | COM | 842587107 |  | 250952 | 2600 | SH |  | SOLE |  | 2600 | 0 | 0 |
| SOUTHERN CO | NOTE 4.500% 6/1 | 842587DZ7 |  | 3286188 | 2885 | PRN |  | SOLE |  | 2885 | 0 | 0 |
| SOUTHERN COPPER CORP | COM | 84265V105 |  | 1201825 | 6984 | SH |  | SOLE |  | 6984 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 2409624 | 5600 | SH |  | SOLE |  | 5600 | 0 | 0 |
| SPDR INDEX SHS FDS | STATE STREET SPD | 78463X202 |  | 235904 | 3800 | SH |  | SOLE |  | 3800 | 0 | 0 |
| SPOTIFY TECHNOLOGY S A | SHS | L8681T102 |  | 7912761 | 16318 | SH |  | SOLE |  | 16318 | 0 | 0 |
| SPROTT ASSET MANAGEMENT LP | PHYSICAL SILVER | 85207K107 |  | 243900 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| SPROTT ASSET MANAGEMENT LP | PHYSICAL PLATINU | 85207Q104 |  | 310600 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 8421550 | 94001 | SH |  | SOLE |  | 94001 | 0 | 0 |
| STARWOOD PPTY TR INC | NOTE 6.750% 7/1 | 85571BBA2 |  | 2311181 | 2204 | PRN |  | SOLE |  | 2204 | 0 | 0 |
| STATE STR SPDR DOW JONES IND | UT SER 1 | 78467X109 |  | 507656 | 1096 | SH |  | SOLE |  | 1096 | 0 | 0 |
| STATE STR SPDR S 500 ETF T | TR UNIT | 78462F103 |  | 2466740 | 3793 | SH |  | SOLE |  | 3793 | 0 | 0 |
| STEEL DYNAMICS INC | COM | 858119100 |  | 9424800 | 52360 | SH |  | SOLE |  | 52360 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 |  | 3325988 | 10122 | SH |  | SOLE |  | 10122 | 0 | 0 |
| SYMBOTIC INC | CLASS A COM | 87151X101 |  | 426824 | 8023 | SH |  | SOLE |  | 8023 | 0 | 0 |
| SYNAPTICS INC | NOTE 0.750%12/0 | 87157DAJ8 |  | 510671 | 492 | PRN |  | SOLE |  | 492 | 0 | 0 |
| TALEN ENERGY CORP | COM | 87422Q109 |  | 264961 | 830 | SH |  | SOLE |  | 830 | 0 | 0 |
| TERADYNE INC | COM | 880770102 |  | 934442 | 3152 | SH |  | SOLE |  | 3152 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 6121236 | 16466 | SH |  | SOLE |  | 16466 | 0 | 0 |
| TETRA TECH INC NEW | DBCV 2.250% 8/1 | 88162GAB9 |  | 2611785 | 2473 | PRN |  | SOLE |  | 2473 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 304800 | 1570 | SH |  | SOLE |  | 1570 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 |  | 10025966 | 62780 | SH |  | SOLE |  | 62780 | 0 | 0 |
| UBER TECHNOLOGIES INC | NOTE 0.875%12/0 | 90353TAM2 |  | 2153859 | 1779 | PRN |  | SOLE |  | 1779 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 6875285 | 95583 | SH |  | SOLE |  | 95583 | 0 | 0 |
| ULTA BEAUTY INC | COM | 90384S303 |  | 2718092 | 5200 | SH |  | SOLE |  | 5200 | 0 | 0 |
| US BANCORP | COM NEW | 902973304 |  | 536743 | 10320 | SH |  | SOLE |  | 10320 | 0 | 0 |
| VANECK ETF TRUST | CLO ETF | 92189H748 |  | 484155 | 9187 | SH |  | SOLE |  | 9187 | 0 | 0 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 476101 | 1090 | SH |  | SOLE |  | 1090 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 345758 | 6397 | SH |  | SOLE |  | 6397 | 0 | 0 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 778059 | 12142 | SH |  | SOLE |  | 12142 | 0 | 0 |
| VANGUARD WORLD FD | FINANCIALS ETF | 92204A405 |  | 353248 | 2924 | SH |  | SOLE |  | 2924 | 0 | 0 |
| VANGUARD WORLD FD | COMM SRVC ETF | 92204A884 |  | 345293 | 1920 | SH |  | SOLE |  | 1920 | 0 | 0 |
| VARONIS SYS INC | NOTE 1.000% 9/1 | 922280AD4 |  | 393097 | 450 | PRN |  | SOLE |  | 450 | 0 | 0 |
| VENTAS RLTY LTD PARTNERSHIP | NOTE 3.750% 6/0 | 92277GAZ0 |  | 3660370 | 2403 | PRN |  | SOLE |  | 2403 | 0 | 0 |
| VIPER ENERGY INC | CL A | 64361Q101 |  | 479298 | 10200 | SH |  | SOLE |  | 10200 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 3286860 | 10875 | SH |  | SOLE |  | 10875 | 0 | 0 |
| VISTRA CORP | COM | 92840M102 |  | 311033 | 2069 | SH |  | SOLE |  | 2069 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 20399319 | 164140 | SH |  | SOLE |  | 164140 | 0 | 0 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 250241 | 1089 | SH |  | SOLE |  | 1089 | 0 | 0 |
| WEC ENERGY GROUP INC | NOTE 4.375% 6/0 | 92939UAR7 |  | 3134703 | 2475 | PRN |  | SOLE |  | 2475 | 0 | 0 |
| WELLS FARGO  CO | PERP PFD CNV A | 949746804 |  | 5077087 | 4429 | SH |  | SOLE |  | 4429 | 0 | 0 |
| WHEATON PRECIOUS METALS CORP | COM | 962879102 |  | 406131 | 3100 | SH |  | SOLE |  | 3100 | 0 | 0 |
| WILLIAMS COS INC | COM | 969457100 |  | 7630910 | 104849 | SH |  | SOLE |  | 104849 | 0 | 0 |

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