# EDGAR Filing Document

**Accession Number:** 0001697323
**File Stem:** 0001636587-23-000002
**Filing Date:** 2023-2
**Character Count:** 16088
**Document Hash:** 42f5830880b7bec7c168e17e3b826dfc
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001636587-23-000002.hdr.sgml**: 20230214

**ACCESSION NUMBER**: 0001636587-23-000002

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230214

**DATE AS OF CHANGE**: 20230214

**EFFECTIVENESS DATE**: 20230214

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Greenline Partners, LLC
- **CENTRAL INDEX KEY:** 0001697323
- **IRS NUMBER:** 455129009
- **STATE OF INCORPORATION:** CT
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-18839
- **FILM NUMBER:** 23627450

**BUSINESS ADDRESS:**
- **STREET 1:** 521 FIFTH AVENUE
- **STREET 2:** SUITE 1706
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10175
- **BUSINESS PHONE:** 646-470-8714

**MAIL ADDRESS:**
- **STREET 1:** 521 FIFTH AVENUE
- **STREET 2:** SUITE 1706
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10175

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**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:** Greenline Partners LLC<br>**Address:** 521 FIFTH AVENUE<br>SUITE 1706<br>NEW YORK, NY 10175

**Form 13F File Number:** 028-18839

**CRD Number (if applicable):** 000164192

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:** Ivan Lucuk<br>**Title:** Chief Compliance Officer<br>**Phone:** 203-590-2261

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

Ivan Lucuk  New York, NY  02-14-2023<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:** 127

**Form 13F Information Table Value Total:** $506774116

      (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 |
| ISHARES INC | MSCI GBL ETF NEW | 46434G848 |  | 3128602 | 76318 | SH |  | SOLE |  | 76318 | 0 | 0 |
| VANGUARD WORLD FDS | ENERGY ETF | 92204A306 |  | 9385981 | 77391 | SH |  | SOLE |  | 77391 | 0 | 0 |
| VANGUARD WORLD FDS | UTILITIES ETF | 92204A876 |  | 3144274 | 20563 | SH |  | SOLE |  | 20563 | 0 | 0 |
| WORLD GOLD TR | SPDR GLD MINIS | 98149E303 |  | 50032132 | 1382485 | SH |  | SOLE |  | 1382485 | 0 | 0 |
| VANGUARD WORLD FDS | CONSUM STP ETF | 92204A207 |  | 3073064 | 16072 | SH |  | SOLE |  | 16072 | 0 | 0 |
| VANGUARD WORLD FDS | HEALTH CAR ETF | 92204A504 |  | 1392057 | 5612 | SH |  | SOLE |  | 5612 | 0 | 0 |
| VANGUARD STAR FDS | VG TL INTL STK F | 921909768 |  | 12139524 | 234733 | SH |  | SOLE |  | 234733 | 0 | 0 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 23903421 | 125024 | SH |  | SOLE |  | 125024 | 0 | 0 |
| SCHWAB STRATEGIC TR | INT-TRM U.S TRES | 808524854 |  | 18200329 | 369710 | SH |  | SOLE |  | 369710 | 0 | 0 |
| SCHWAB STRATEGIC TR | SHT TM US TRES | 808524862 |  | 6808721 | 141142 | SH |  | SOLE |  | 141142 | 0 | 0 |
| SCHWAB STRATEGIC TR | US TIPS ETF | 808524870 |  | 29223557 | 564292 | SH |  | SOLE |  | 564292 | 0 | 0 |
| ISHARES TR | 0-5 YR TIPS ETF | 46429B747 |  | 13727162 | 141575 | SH |  | SOLE |  | 141575 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | LONG TERM TREAS | 92206C847 |  | 2456684 | 39868 | SH |  | SOLE |  | 39868 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 5276040 | 22000 | SH |  | SOLE |  | 22000 | 0 | 0 |
| ENBRIDGE INC | COM | 29250N105 |  | 8188009 | 209412 | SH |  | SOLE |  | 209412 | 0 | 0 |
| WILLIAMS COS INC | COM | 969457100 |  | 8640724 | 262636 | SH |  | SOLE |  | 262636 | 0 | 0 |
| TC ENERGY CORP | COM | 87807B107 |  | 7557217 | 189594 | SH |  | SOLE |  | 189594 | 0 | 0 |
| CHENIERE ENERGY INC | COM NEW | 16411R208 |  | 5335877 | 35582 | SH |  | SOLE |  | 35582 | 0 | 0 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 720855 | 2052 | SH |  | SOLE |  | 2052 | 0 | 0 |
| SOUTHERN COPPER CORP | COM | 84265V105 |  | 7102408 | 117609 | SH |  | SOLE |  | 117609 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 4069540 | 12884 | SH |  | SOLE |  | 12884 | 0 | 0 |
| BLACKROCK INC | COM | 09247X101 |  | 4355949 | 6147 | SH |  | SOLE |  | 6147 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 18490126 | 474349 | SH |  | SOLE |  | 474349 | 0 | 0 |
| ALBEMARLE CORP | COM | 012653101 |  | 6188317 | 28536 | SH |  | SOLE |  | 28536 | 0 | 0 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 |  | 5783344 | 167197 | SH |  | SOLE |  | 167197 | 0 | 0 |
| POSCO HOLDINGS INC | SPONSORED ADR | 693483109 |  | 7200008 | 132183 | SH |  | SOLE |  | 132183 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 14864268 | 48120 | SH |  | SOLE |  | 48120 | 0 | 0 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 5343332 | 140614 | SH |  | SOLE |  | 140614 | 0 | 0 |
| WOODSIDE ENERGY GROUP LTD | SPONSORED ADR | 980228308 |  | 380001 | 15696 | SH |  | SOLE |  | 15696 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 3600663 | 40580 | SH |  | SOLE |  | 40580 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | FTSE PACIFIC ETF | 922042866 |  | 9983564 | 155144 | SH |  | SOLE |  | 155144 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 2359443 | 11010 | SH |  | SOLE |  | 11010 | 0 | 0 |
| BHP GROUP LTD | SPONSORED ADS | 088606108 |  | 7916960 | 127590 | SH |  | SOLE |  | 127590 | 0 | 0 |
| SEMPRA | COM | 816851109 |  | 671476 | 4345 | SH |  | SOLE |  | 4345 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 3496618 | 20114 | SH |  | SOLE |  | 20114 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 3803511 | 7174 | SH |  | SOLE |  | 7174 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | FTSE EUROPE ETF | 922042874 |  | 11519947 | 207793 | SH |  | SOLE |  | 207793 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 1931411 | 7329 | SH |  | SOLE |  | 7329 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 5477199 | 42155 | SH |  | SOLE |  | 42155 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 5596639 | 26938 | SH |  | SOLE |  | 26938 | 0 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 4846910 | 36144 | SH |  | SOLE |  | 36144 | 0 | 0 |
| RIO TINTO PLC | SPONSORED ADR | 767204100 |  | 6793477 | 95414 | SH |  | SOLE |  | 95414 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 6307288 | 35705 | SH |  | SOLE |  | 35705 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 4870106 | 95045 | SH |  | SOLE |  | 95045 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 7194566 | 50741 | SH |  | SOLE |  | 50741 | 0 | 0 |
| PIMCO ETF TR | 15+ YR US TIPS | 72201R304 |  | 1195376 | 20525 | SH |  | SOLE |  | 20525 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 3566291 | 90515 | SH |  | SOLE |  | 90515 | 0 | 0 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 477668 | 4638 | SH |  | SOLE |  | 4638 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 5316490 | 45055 | SH |  | SOLE |  | 45055 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 5095453 | 11162 | SH |  | SOLE |  | 11162 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 3561403 | 14910 | SH |  | SOLE |  | 14910 | 0 | 0 |
| ISHARES GOLD TR | SHARES REPRESENT | 46436F103 |  | 14829059 | 814336 | SH |  | SOLE |  | 814336 | 0 | 0 |
| ISHARES TR | CORE S US GWT | 464287671 |  | 2494838 | 30604 | SH |  | SOLE |  | 30604 | 0 | 0 |
| ISHARES TR | CORE S US VLU | 464287663 |  | 2772793 | 39258 | SH |  | SOLE |  | 39258 | 0 | 0 |
| CANADIAN NAT RES LTD | COM | 136385101 |  | 3321583 | 59816 | SH |  | SOLE |  | 59816 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 204694 | 2320 | SH |  | SOLE |  | 2320 | 0 | 0 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 1366650 | 9000 | SH |  | SOLE |  | 9000 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 952553 | 5307 | SH |  | SOLE |  | 5307 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 307867 | 1905 | SH |  | SOLE |  | 1905 | 0 | 0 |
| OCCIDENTAL PETE CORP | COM | 674599105 |  | 464740 | 7378 | SH |  | SOLE |  | 7378 | 0 | 0 |
| BARRICK GOLD CORP | COM | 067901108 |  | 346177 | 20150 | SH |  | SOLE |  | 20150 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 |  | 391618 | 8297 | SH |  | SOLE |  | 8297 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 241651 | 1167 | SH |  | SOLE |  | 1167 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 1925956 | 22168 | SH |  | SOLE |  | 22168 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 286707 | 1587 | SH |  | SOLE |  | 1587 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 288670 | 1205 | SH |  | SOLE |  | 1205 | 0 | 0 |
| SCHWAB STRATEGIC TR | EMRG MKTEQ ETF | 808524706 |  | 909946 | 38443 | SH |  | SOLE |  | 38443 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 233498 | 680 | SH |  | SOLE |  | 680 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 1492866 | 9850 | SH |  | SOLE |  | 9850 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 2081733 | 78764 | SH |  | SOLE |  | 78764 | 0 | 0 |
| VERISIGN INC | COM | 92343E102 |  | 3373530 | 16421 | SH |  | SOLE |  | 16421 | 0 | 0 |
| PIONEER NAT RES CO | COM | 723787107 |  | 473909 | 2075 | SH |  | SOLE |  | 2075 | 0 | 0 |
| EOG RES INC | COM | 26875P101 |  | 512640 | 3958 | SH |  | SOLE |  | 3958 | 0 | 0 |
| HESS CORP | COM | 42809H107 |  | 608833 | 4293 | SH |  | SOLE |  | 4293 | 0 | 0 |
| SPDR SER TR | S METALS MNG | 78464A755 |  | 1338743 | 26877 | SH |  | SOLE |  | 26877 | 0 | 0 |
| FRANCO NEV CORP | COM | 351858105 |  | 438783 | 3215 | SH |  | SOLE |  | 3215 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 374900 | 3379 | SH |  | SOLE |  | 3379 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 1906548 | 22697 | SH |  | SOLE |  | 22697 | 0 | 0 |
| VALE S A | SPONSORED ADS | 91912E105 |  | 3125908 | 184202 | SH |  | SOLE |  | 184202 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 314358 | 3106 | SH |  | SOLE |  | 3106 | 0 | 0 |
| ISHARES TR | RUSSELL 3000 ETF | 464287689 |  | 2922686 | 13244 | SH |  | SOLE |  | 13244 | 0 | 0 |
| BARCLAYS BANK PLC | DJUBS CMDT ETN36 | 06738C778 |  | 1146140 | 34000 | SH |  | SOLE |  | 34000 | 0 | 0 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 |  | 652913 | 13981 | SH |  | SOLE |  | 13981 | 0 | 0 |
| DIMENSIONAL ETF TRUST | US TARGETED VLU | 25434V609 |  | 311556 | 7089 | SH |  | SOLE |  | 7089 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 847352 | 4995 | SH |  | SOLE |  | 4995 | 0 | 0 |
| SUNCOR ENERGY INC NEW | COM | 867224107 |  | 673438 | 21224 | SH |  | SOLE |  | 21224 | 0 | 0 |
| ISHARES TR | CORE HIGH DV ETF | 46429B663 |  | 364423 | 3496 | SH |  | SOLE |  | 3496 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 1285749 | 638 | SH |  | SOLE |  | 638 | 0 | 0 |
| BK OF AMERICA CORP | COM | 060505104 |  | 377932 | 11411 | SH |  | SOLE |  | 11411 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 |  | 263954 | 3316 | SH |  | SOLE |  | 3316 | 0 | 0 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 |  | 2109231 | 2499 | SH |  | SOLE |  | 2499 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 3367070 | 9683 | SH |  | SOLE |  | 9683 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 999953 | 12010 | SH |  | SOLE |  | 12010 | 0 | 0 |
| CREDIT ACCEP CORP MICH | COM | 225310101 |  | 3450786 | 7274 | SH |  | SOLE |  | 7274 | 0 | 0 |
| CARMAX INC | COM | 143130102 |  | 942821 | 15484 | SH |  | SOLE |  | 15484 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 579406 | 5253 | SH |  | SOLE |  | 5253 | 0 | 0 |
| YELP INC | CL A | 985817105 |  | 334095 | 12220 | SH |  | SOLE |  | 12220 | 0 | 0 |
| WORLD ACCEP CORPORATION | COM | 981419104 |  | 563457 | 8545 | SH |  | SOLE |  | 8545 | 0 | 0 |
| CIMPRESS PLC | SHS EURO | G2143T103 |  | 447282 | 16200 | SH |  | SOLE |  | 16200 | 0 | 0 |
| WAYFAIR INC | CL A | 94419L101 |  | 524957 | 15961 | SH |  | SOLE |  | 15961 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 |  | 871374 | 3283 | SH |  | SOLE |  | 3283 | 0 | 0 |
| KKR  CO INC | COM | 48251W104 |  | 1282218 | 27622 | SH |  | SOLE |  | 27622 | 0 | 0 |
| VERISK ANALYTICS INC | COM | 92345Y106 |  | 817177 | 4632 | SH |  | SOLE |  | 4632 | 0 | 0 |
| MOODYS CORP | COM | 615369105 |  | 2834401 | 10173 | SH |  | SOLE |  | 10173 | 0 | 0 |
| ROPER TECHNOLOGIES INC | COM | 776696106 |  | 1331701 | 3082 | SH |  | SOLE |  | 3082 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 796336 | 6006 | SH |  | SOLE |  | 6006 | 0 | 0 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 2505456 | 11826 | SH |  | SOLE |  | 11826 | 0 | 0 |
| COSTAR GROUP INC | COM | 22160N109 |  | 1027979 | 13302 | SH |  | SOLE |  | 13302 | 0 | 0 |
| SNOWFLAKE INC | CL A | 833445109 |  | 285358 | 1988 | SH |  | SOLE |  | 1988 | 0 | 0 |
| ADOBE SYSTEMS INCORPORATED | COM | 00724F101 |  | 988389 | 2937 | SH |  | SOLE |  | 2937 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 2342554 | 49172 | SH |  | SOLE |  | 49172 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 2754104 | 14458 | SH |  | SOLE |  | 14458 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 2564993 | 33003 | SH |  | SOLE |  | 33003 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 4998039 | 19030 | SH |  | SOLE |  | 19030 | 0 | 0 |
| VANGUARD INDEX FDS | SM CP VAL ETF | 922908611 |  | 422408 | 2660 | SH |  | SOLE |  | 2660 | 0 | 0 |
| VANGUARD WORLD FD | MEGA CAP INDEX | 921910873 |  | 381180 | 2879 | SH |  | SOLE |  | 2879 | 0 | 0 |
| ISHARES TR | TIPS BD ETF | 464287176 |  | 824591 | 7747 | SH |  | SOLE |  | 7747 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 2195480 | 341975 | SH |  | SOLE |  | 341975 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 771669 | 10835 | SH |  | SOLE |  | 10835 | 0 | 0 |
| US BANCORP DEL | COM NEW | 902973304 |  | 511415 | 11727 | SH |  | SOLE |  | 11727 | 0 | 0 |
| ISHARES INC | MSCI EMRG CHN | 46434G764 |  | 10718726 | 225800 | SH |  | SOLE |  | 225800 | 0 | 0 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 1375027 | 20948 | SH |  | SOLE |  | 20948 | 0 | 0 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 560478 | 2750 | SH |  | SOLE |  | 2750 | 0 | 0 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 |  | 763297 | 16345 | SH |  | SOLE |  | 0 | 16345 | 0 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 239943 | 1255 | SH |  | SOLE |  | 0 | 1255 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 517402 | 3050 | SH |  | SOLE |  | 0 | 3050 | 0 |
| SCHWAB STRATEGIC TR | US BRD MKT ETF | 808524102 |  | 851487 | 19002 | SH |  | SOLE |  | 0 | 19002 | 0 |

---