# EDGAR Filing Document

**Accession Number:** 0001802105
**File Stem:** 0002063364-26-000084
**Filing Date:** 2026-3
**Character Count:** 16675
**Document Hash:** 7b0a57c85ae2922ec2e8e9e1659a0ce0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002063364-26-000084.hdr.sgml**: 20260317

**ACCESSION NUMBER**: 0002063364-26-000084

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260317

**DATE AS OF CHANGE**: 20260317

**EFFECTIVENESS DATE**: 20260317

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Cornerstone Planning, LLC
- **CENTRAL INDEX KEY:** 0001802105

**ORGANIZATION NAME:**
- **EIN:** 462108723
- **STATE OF INCORPORATION:** NC
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-25475
- **FILM NUMBER:** 26759391

**BUSINESS ADDRESS:**
- **STREET 1:** 7810 BALLANTYNE COMMONS PARKWAY
- **STREET 2:** SUITE 200
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28277
- **BUSINESS PHONE:** 7048490123

**MAIL ADDRESS:**
- **STREET 1:** 7810 BALLANTYNE COMMONS PARKWAY
- **STREET 2:** SUITE 200
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28277

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2025

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

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

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Cornerstone Planning LLC<br>**Address:** 7810 BALLANTYNE COMMONS PARKWAY<br>SUITE 200<br>CHARLOTTE, NC 28277

**Form 13F File Number:** 028-25475

**CRD Number (if applicable):** 000166886

**SEC File Number (if applicable):** 801-119224

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:** Jim Cullen<br>**Title:** Chief Compliance Officer<br>**Phone:** 401-466-6010

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

Jim Cullen  East Providence, RI  03-17-2026<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:** 131

**Form 13F Information Table Value Total:** $430834378

      (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 |  | 1700668 | 10556 | SH |  | SOLE | 0 | 0 | 0 | 10556 |
| ABBOTT LABS | COM | 002824100 |  | 2858211 | 22706 | SH |  | SOLE | 0 | 0 | 0 | 22706 |
| ABBVIE INC | COM | 00287Y109 |  | 3421273 | 14972 | SH |  | SOLE | 0 | 0 | 0 | 14972 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 5023975 | 23400 | SH |  | SOLE | 0 | 0 | 0 | 23400 |
| AIR LEASE CORP | CL A | 00912X302 |  | 231228 | 3600 | SH |  | SOLE | 0 | 0 | 0 | 3600 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 6746883 | 21507 | SH |  | SOLE | 0 | 0 | 0 | 21507 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 646428 | 2260 | SH |  | SOLE | 0 | 0 | 0 | 2260 |
| AMAZON COM INC | COM | 023135106 |  | 6871499 | 29872 | SH |  | SOLE | 0 | 0 | 0 | 29872 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 |  | 871212 | 7515 | SH |  | SOLE | 0 | 0 | 0 | 7515 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 3940917 | 10613 | SH |  | SOLE | 0 | 0 | 0 | 10613 |
| AMGEN INC | COM | 031162100 |  | 2155144 | 6562 | SH |  | SOLE | 0 | 0 | 0 | 6562 |
| APPLE INC | COM | 037833100 |  | 9764908 | 35938 | SH |  | SOLE | 0 | 0 | 0 | 35938 |
| ARISTA NETWORKS INC | COM SHS | 040413205 |  | 357450 | 2728 | SH |  | SOLE | 0 | 0 | 0 | 2728 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 3248583 | 12578 | SH |  | SOLE | 0 | 0 | 0 | 12578 |
| BANK AMERICA CORP | COM | 060505104 |  | 4250373 | 77448 | SH |  | SOLE | 0 | 0 | 0 | 77448 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 3862867 | 7747 | SH |  | SOLE | 0 | 0 | 0 | 7747 |
| BLACKSTONE INC | COM | 09260D107 |  | 2508071 | 16196 | SH |  | SOLE | 0 | 0 | 0 | 16196 |
| BOEING CO | COM | 097023105 |  | 2053278 | 9425 | SH |  | SOLE | 0 | 0 | 0 | 9425 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 535533 | 100 | SH |  | SOLE | 0 | 0 | 0 | 100 |
| BROADCOM INC | COM | 11135F101 |  | 7049267 | 20363 | SH |  | SOLE | 0 | 0 | 0 | 20363 |
| CATERPILLAR INC | COM | 149123101 |  | 4516977 | 7860 | SH |  | SOLE | 0 | 0 | 0 | 7860 |
| CHEVRON CORP NEW | COM | 166764100 |  | 2985825 | 19497 | SH |  | SOLE | 0 | 0 | 0 | 19497 |
| CHUBB LIMITED | COM | H1467J104 |  | 3054580 | 9745 | SH |  | SOLE | 0 | 0 | 0 | 9745 |
| CISCO SYS INC | COM | 17275R102 |  | 3636738 | 47212 | SH |  | SOLE | 0 | 0 | 0 | 47212 |
| COCA COLA CO | COM | 191216100 |  | 3134468 | 44625 | SH |  | SOLE | 0 | 0 | 0 | 44625 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 1441848 | 18158 | SH |  | SOLE | 0 | 0 | 0 | 18158 |
| CONSOLIDATED EDISON INC | COM | 209115104 |  | 404630 | 4074 | SH |  | SOLE | 0 | 0 | 0 | 4074 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 |  | 866304 | 2440 | SH |  | SOLE | 0 | 0 | 0 | 2440 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 3002879 | 3483 | SH |  | SOLE | 0 | 0 | 0 | 3483 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 692359 | 1477 | SH |  | SOLE | 0 | 0 | 0 | 1477 |
| CSX CORP | COM | 126408103 |  | 443555 | 12236 | SH |  | SOLE | 0 | 0 | 0 | 12236 |
| DISNEY WALT CO | COM | 254687106 |  | 3000463 | 26261 | SH |  | SOLE | 0 | 0 | 0 | 26261 |
| DOMINION ENERGY INC | COM | 25746U109 |  | 903954 | 15351 | SH |  | SOLE | 0 | 0 | 0 | 15351 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 1601655 | 14129 | SH |  | SOLE | 0 | 0 | 0 | 14129 |
| ELI LILLY  CO | COM | 532457108 |  | 4225602 | 3953 | SH |  | SOLE | 0 | 0 | 0 | 3953 |
| ENTERPRISE FINL SVCS CORP | COM | 293712105 |  | 310284 | 5746 | SH |  | SOLE | 0 | 0 | 0 | 5746 |
| EXELON CORP | COM | 30161N101 |  | 812250 | 18555 | SH |  | SOLE | 0 | 0 | 0 | 18555 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 3370667 | 28209 | SH |  | SOLE | 0 | 0 | 0 | 28209 |
| GENERAL AMERN INVS CO INC | COM | 368802104 |  | 419101 | 7136 | SH |  | SOLE | 0 | 0 | 0 | 7136 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 3415872 | 10107 | SH |  | SOLE | 0 | 0 | 0 | 10107 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 4507424 | 5116 | SH |  | SOLE | 0 | 0 | 0 | 5116 |
| HOME DEPOT INC | COM | 437076102 |  | 2762505 | 7987 | SH |  | SOLE | 0 | 0 | 0 | 7987 |
| HONEYWELL INTL INC | COM | 438516106 |  | 2505023 | 12775 | SH |  | SOLE | 0 | 0 | 0 | 12775 |
| ILLINOIS TOOL WKS INC | COM | 452308109 |  | 1604648 | 6484 | SH |  | SOLE | 0 | 0 | 0 | 6484 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 4365878 | 14687 | SH |  | SOLE | 0 | 0 | 0 | 14687 |
| INTUIT | COM | 461202103 |  | 310014 | 468 | SH |  | SOLE | 0 | 0 | 0 | 468 |
| INVESCO EXCH TRD SLF IDX FD | BULETSHS 2029 | 46138J577 |  | 7368168 | 390874 | SH |  | SOLE | 0 | 0 | 0 | 390874 |
| INVESCO EXCH TRD SLF IDX FD | BULSHS 2026 CB | 46138J791 |  | 14781607 | 754394 | SH |  | SOLE | 0 | 0 | 0 | 754394 |
| INVESCO EXCH TRD SLF IDX FD | BULSHS 2027 CB | 46138J783 |  | 8694339 | 440019 | SH |  | SOLE | 0 | 0 | 0 | 440019 |
| INVESCO EXCH TRD SLF IDX FD | INVSCO 30 CORP | 46138J460 |  | 7227598 | 426805 | SH |  | SOLE | 0 | 0 | 0 | 426805 |
| INVESCO EXCH TRD SLF IDX FD | INVSCO BLSH 26 | 46138J635 |  | 10193314 | 436296 | SH |  | SOLE | 0 | 0 | 0 | 436296 |
| INVESCO EXCH TRD SLF IDX FD | INVSCO BLSH 28 | 46138J643 |  | 8741990 | 423997 | SH |  | SOLE | 0 | 0 | 0 | 423997 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 1587991 | 2585 | SH |  | SOLE | 0 | 0 | 0 | 2585 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 |  | 304225 | 3748 | SH |  | SOLE | 0 | 0 | 0 | 3748 |
| ISHARES TR | 0-3 MNTH TREASRY | 46436E718 |  | 5470307 | 233438 | SH |  | SOLE | 0 | 0 | 0 | 233438 |
| ISHARES TR | 7-10 YR TRSY BD | 464287440 |  | 11614196 | 120668 | SH |  | SOLE | 0 | 0 | 0 | 120668 |
| ISHARES TR | CORE HIGH DV ETF | 46429B663 |  | 4566614 | 37398 | SH |  | SOLE | 0 | 0 | 0 | 37398 |
| ISHARES TR | CORE S TTL STK | 464287150 |  | 624201 | 4198 | SH |  | SOLE | 0 | 0 | 0 | 4198 |
| ISHARES TR | CORE S ETF | 464287200 |  | 595228 | 869 | SH |  | SOLE | 0 | 0 | 0 | 869 |
| ISHARES TR | IBDS DEC28 ETF | 46435U515 |  | 8643553 | 339238 | SH |  | SOLE | 0 | 0 | 0 | 339238 |
| ISHARES TR | IBONDS 2026 TERM | 46436E528 |  | 10192341 | 441148 | SH |  | SOLE | 0 | 0 | 0 | 441148 |
| ISHARES TR | IBONDS 26 TRM TS | 46436E858 |  | 9339367 | 407892 | SH |  | SOLE | 0 | 0 | 0 | 407892 |
| ISHARES TR | IBONDS 27 ETF | 46435UAA9 |  | 8714898 | 358586 | SH |  | SOLE | 0 | 0 | 0 | 358586 |
| ISHARES TR | IBONDS DEC 2030 | 46436E726 |  | 7254305 | 328400 | SH |  | SOLE | 0 | 0 | 0 | 328400 |
| ISHARES TR | IBONDS DEC 29 | 46436E205 |  | 1774759 | 75828 | SH |  | SOLE | 0 | 0 | 0 | 75828 |
| ISHARES TR | IBONDS DEC2026 | 46435GAA0 |  | 14438240 | 595283 | SH |  | SOLE | 0 | 0 | 0 | 595283 |
| ISHARES TR | ISHARES SEMICDTR | 464287523 |  | 342408 | 1137 | SH |  | SOLE | 0 | 0 | 0 | 1137 |
| ISHARES TR | MSCI USA MIN VOL | 46429B697 |  | 3765473 | 39812 | SH |  | SOLE | 0 | 0 | 0 | 39812 |
| ISHARES TR | S 500 GRWT ETF | 464287309 |  | 342787 | 2781 | SH |  | SOLE | 0 | 0 | 0 | 2781 |
| ISHARES TR | S MC 400VL ETF | 464287705 |  | 419927 | 3191 | SH |  | SOLE | 0 | 0 | 0 | 3191 |
| ISHARES TR | SP SMCP600VL ETF | 464287879 |  | 306931 | 2699 | SH |  | SOLE | 0 | 0 | 0 | 2699 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 4441664 | 21490 | SH |  | SOLE | 0 | 0 | 0 | 21490 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 4581415 | 14179 | SH |  | SOLE | 0 | 0 | 0 | 14179 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 230916 | 8400 | SH |  | SOLE | 0 | 0 | 0 | 8400 |
| LOWES COS INC | COM | 548661107 |  | 3120245 | 12875 | SH |  | SOLE | 0 | 0 | 0 | 12875 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 3255447 | 5681 | SH |  | SOLE | 0 | 0 | 0 | 5681 |
| MCDONALDS CORP | COM | 580135101 |  | 1851202 | 6033 | SH |  | SOLE | 0 | 0 | 0 | 6033 |
| MCKESSON CORP | COM | 58155Q103 |  | 205892 | 251 | SH |  | SOLE | 0 | 0 | 0 | 251 |
| MERCADOLIBRE INC | COM | 58733R102 |  | 271925 | 135 | SH |  | SOLE | 0 | 0 | 0 | 135 |
| MERCK  CO INC | COM | 58933Y105 |  | 3084737 | 29204 | SH |  | SOLE | 0 | 0 | 0 | 29204 |
| META PLATFORMS INC | CL A | 30303M102 |  | 5098974 | 7699 | SH |  | SOLE | 0 | 0 | 0 | 7699 |
| MICROSOFT CORP | COM | 594918104 |  | 6474348 | 13335 | SH |  | SOLE | 0 | 0 | 0 | 13335 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 3617508 | 20302 | SH |  | SOLE | 0 | 0 | 0 | 20302 |
| NETFLIX INC | COM | 64110L106 |  | 3245234 | 34400 | SH |  | SOLE | 0 | 0 | 0 | 34400 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 940503 | 11656 | SH |  | SOLE | 0 | 0 | 0 | 11656 |
| NIKE INC | CL B | 654106103 |  | 1431062 | 22307 | SH |  | SOLE | 0 | 0 | 0 | 22307 |
| NUCOR CORP | COM | 670346105 |  | 2087781 | 12756 | SH |  | SOLE | 0 | 0 | 0 | 12756 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 13700743 | 73783 | SH |  | SOLE | 0 | 0 | 0 | 73783 |
| ORACLE CORP | COM | 68389X105 |  | 3280191 | 16760 | SH |  | SOLE | 0 | 0 | 0 | 16760 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 |  | 820890 | 9000 | SH |  | SOLE | 0 | 0 | 0 | 9000 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 5650672 | 31716 | SH |  | SOLE | 0 | 0 | 0 | 31716 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 2766126 | 14939 | SH |  | SOLE | 0 | 0 | 0 | 14939 |
| PEPSICO INC | COM | 713448108 |  | 2644384 | 18321 | SH |  | SOLE | 0 | 0 | 0 | 18321 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 3084433 | 21423 | SH |  | SOLE | 0 | 0 | 0 | 21423 |
| PUBLIC SVC ENTERPRISE GRP IN | COM | 744573106 |  | 855570 | 10612 | SH |  | SOLE | 0 | 0 | 0 | 10612 |
| QUALCOMM INC | COM | 747525103 |  | 3145193 | 18305 | SH |  | SOLE | 0 | 0 | 0 | 18305 |
| SALESFORCE INC | COM | 79466L302 |  | 2783560 | 10464 | SH |  | SOLE | 0 | 0 | 0 | 10464 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 302128 | 3024 | SH |  | SOLE | 0 | 0 | 0 | 3024 |
| SCHWAB STRATEGIC TR | US BRD MKT ETF | 808524102 |  | 1284849 | 48984 | SH |  | SOLE | 0 | 0 | 0 | 48984 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 |  | 426404 | 15545 | SH |  | SOLE | 0 | 0 | 0 | 15545 |
| SCHWAB STRATEGIC TR | US LRG CAP ETF | 808524201 |  | 19684243 | 731374 | SH |  | SOLE | 0 | 0 | 0 | 731374 |
| SEMPRA | COM | 816851109 |  | 923942 | 10413 | SH |  | SOLE | 0 | 0 | 0 | 10413 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 2434737 | 7462 | SH |  | SOLE | 0 | 0 | 0 | 7462 |
| SHOPIFY INC | CL A SUB VTG SHS | 82509L107 |  | 637119 | 3958 | SH |  | SOLE | 0 | 0 | 0 | 3958 |
| SOUTHERN CO | COM | 842587107 |  | 836160 | 9550 | SH |  | SOLE | 0 | 0 | 0 | 9550 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 492346 | 722 | SH |  | SOLE | 0 | 0 | 0 | 722 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A300 |  | 251714 | 2767 | SH |  | SOLE | 0 | 0 | 0 | 2767 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A839 |  | 225253 | 2661 | SH |  | SOLE | 0 | 0 | 0 | 2661 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A870 |  | 223620 | 1834 | SH |  | SOLE | 0 | 0 | 0 | 1834 |
| SPDR SERIES TRUST | STATE STREET SPD | 78468R523 |  | 322068 | 3289 | SH |  | SOLE | 0 | 0 | 0 | 3289 |
| SPDR SERIES TRUST | STATE STREET SPD | 78468R663 |  | 2142161 | 24144 | SH |  | SOLE | 0 | 0 | 0 | 24144 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 415114 | 1366 | SH |  | SOLE | 0 | 0 | 0 | 1366 |
| TARGET CORP | COM | 87612E106 |  | 1401793 | 14268 | SH |  | SOLE | 0 | 0 | 0 | 14268 |
| TESLA INC | COM | 88160R101 |  | 664685 | 1528 | SH |  | SOLE | 0 | 0 | 0 | 1528 |
| TEXAS INSTRS INC | COM | 882508104 |  | 2592428 | 14854 | SH |  | SOLE | 0 | 0 | 0 | 14854 |
| T-MOBILE US INC | COM | 872590104 |  | 2722572 | 13337 | SH |  | SOLE | 0 | 0 | 0 | 13337 |
| TRAVELERS COMPANIES INC | COM | 89417E109 |  | 2192718 | 7533 | SH |  | SOLE | 0 | 0 | 0 | 7533 |
| TRUIST FINL CORP | COM | 89832Q109 |  | 284367 | 5779 | SH |  | SOLE | 0 | 0 | 0 | 5779 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 2295095 | 7013 | SH |  | SOLE | 0 | 0 | 0 | 7013 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 275153 | 564 | SH |  | SOLE | 0 | 0 | 0 | 564 |
| VANGUARD INDEX FDS | LARGE CAP ETF | 922908637 |  | 338095 | 1074 | SH |  | SOLE | 0 | 0 | 0 | 1074 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 1128206 | 1799 | SH |  | SOLE | 0 | 0 | 0 | 1799 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 273115 | 1430 | SH |  | SOLE | 0 | 0 | 0 | 1430 |
| VANGUARD SCOTTSDALE FDS | INTER TERM TREAS | 92206C706 |  | 11651267 | 194228 | SH |  | SOLE | 0 | 0 | 0 | 194228 |
| VANGUARD WELLINGTON FD | US MINIMUM | 921935409 |  | 3895036 | 29709 | SH |  | SOLE | 0 | 0 | 0 | 29709 |
| VANGUARD WORLD FD | UTILITIES ETF | 92204A876 |  | 800628 | 4325 | SH |  | SOLE | 0 | 0 | 0 | 4325 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 2807357 | 68539 | SH |  | SOLE | 0 | 0 | 0 | 68539 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 |  | 204012 | 450 | SH |  | SOLE | 0 | 0 | 0 | 450 |
| VISA INC | COM CL A | 92826C839 |  | 3687713 | 10682 | SH |  | SOLE | 0 | 0 | 0 | 10682 |
| VISTRA CORP | COM | 92840M102 |  | 658629 | 4161 | SH |  | SOLE | 0 | 0 | 0 | 4161 |
| WALMART INC | COM | 931142103 |  | 5990998 | 53566 | SH |  | SOLE | 0 | 0 | 0 | 53566 |

---