# EDGAR Filing Document

**Accession Number:** 0001551969
**File Stem:** 0001551969-26-000002
**Filing Date:** 2026-4
**Character Count:** 28301
**Document Hash:** 283f1259591626951343de95de6ac19c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001551969-26-000002.hdr.sgml**: 20260408

**ACCESSION NUMBER**: 0001551969-26-000002

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260408

**DATE AS OF CHANGE**: 20260408

**EFFECTIVENESS DATE**: 20260408

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Gilman Hill Asset Management, LLC
- **CENTRAL INDEX KEY:** 0001551969

**ORGANIZATION NAME:**
- **EIN:** 208806725
- **STATE OF INCORPORATION:** CT
- **FISCAL YEAR END:** 1211

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-14994
- **FILM NUMBER:** 26848159

**BUSINESS ADDRESS:**
- **STREET 1:** 220 ELM STREET
- **CITY:** NEW CANAAN
- **STATE:** CT
- **ZIP:** 06840
- **BUSINESS PHONE:** 203-571-0225

**MAIL ADDRESS:**
- **STREET 1:** 220 ELM STREET
- **CITY:** NEW CANAAN
- **STATE:** CT
- **ZIP:** 06840

### 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:** Gilman Hill Asset Management LLC<br>**Address:** 220 ELM STREET<br>NEW CANAAN, CT 06840

**Form 13F File Number:** 028-14994

**CRD Number (if applicable):** 000143970

**SEC File Number (if applicable):** 801-67941

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:** John B. Harrington<br>**Title:** Chief Compliance Officer<br>**Phone:** 203-571-0225

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

/s/  John B. Harrington  New Canaan, CT  04-08-2026<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:** 225

**Form 13F Information Table Value Total:** $662541541

      (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 | BBG001S5N9M6 | 1011260 | 9850 | SH |  | SOLE |  | 9850 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 | BBG0025Y4RZ3 | 3132727 | 14404 | SH |  | SOLE |  | 14404 | 0 | 0 |
| AES CORP | COM | 00130H105 | BBG001S6B1L5 | 269119 | 19100 | SH |  | SOLE |  | 19100 | 0 | 0 |
| AGNC INVT CORP | COM | 00123Q104 | BBG001T074G2 | 260780 | 26000 | SH |  | SOLE |  | 26000 | 0 | 0 |
| AGREE RLTY CORP | COM | 008492100 | BBG001S6RY81 | 690858 | 9165 | SH |  | SOLE |  | 9165 | 0 | 0 |
| AIR PRODUCTS AND CHEMICALS I | COM | 009158106 | BBG001S5NSB6 | 357884 | 1232 | SH |  | SOLE |  | 1232 | 0 | 0 |
| ALBANY INTL CORP | CL A | 012348108 | BBG001S5VKN1 | 809147 | 15498 | SH |  | SOLE |  | 15498 | 0 | 0 |
| ALLIANCEBERNSTEIN GLOBAL HIG | COM | 01879R106 | BBG001S6LJ53 | 127125 | 12500 | SH |  | SOLE |  | 12500 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 | BBG009S39JY5 | 2536872 | 8822 | SH |  | SOLE |  | 8822 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 | BBG009S3NB21 | 3857558 | 13448 | SH |  | SOLE |  | 13448 | 0 | 0 |
| ALPS ETF TR | ALERIAN MLP | 00162Q452 | BBG001TBMNT5 | 230300 | 4375 | SH |  | SOLE |  | 4375 | 0 | 0 |
| ALTRIA GROUP INC | COM | 02209S103 | BBG001S5T8T5 | 445696 | 6754 | SH |  | SOLE |  | 6754 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 | BBG001S5PQL7 | 2365531 | 11358 | SH |  | SOLE |  | 11358 | 0 | 0 |
| AMCOR PLC | COM NEW | G0250X149 | BBG00LNJRQ18 | 8940471 | 224918 | SH |  | SOLE |  | 224918 | 0 | 0 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 | BBG001S5NFD2 | 348673 | 2660 | SH |  | SOLE |  | 2660 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 | BBG001S5P034 | 5403149 | 17863 | SH |  | SOLE |  | 17863 | 0 | 0 |
| AMERICAN HOMES 4 RENT | CL A | 02665T306 | BBG003NXJNJ4 | 474640 | 17000 | SH |  | SOLE |  | 17000 | 0 | 0 |
| AMERICAN WTR WKS CO INC NEW | COM | 030420103 | BBG001SPHYW3 | 361999 | 2660 | SH |  | SOLE |  | 2660 | 0 | 0 |
| AMERIPRISE FINL INC | COM | 03076C106 | BBG001SK6096 | 284805 | 677 | SH |  | SOLE |  | 677 | 0 | 0 |
| AMGEN INC | COM | 031162100 | BBG001S5NNL6 | 297818 | 846 | SH |  | SOLE |  | 846 | 0 | 0 |
| ANNALY CAPITAL MANAGEMENT IN | COM NEW | 035710839 | BBG001S8J4S0 | 319894 | 15125 | SH |  | SOLE |  | 15125 | 0 | 0 |
| APPLE INC | COM | 037833100 | BBG001S5N8V8 | 6288966 | 24780 | SH |  | SOLE |  | 24780 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 | BBG001S5NMM7 | 205074 | 600 | SH |  | SOLE |  | 600 | 0 | 0 |
| APTIV PLC | COM SHS | G3265R107 | BBG01R914M77 | 5322923 | 76655 | SH |  | SOLE |  | 76655 | 0 | 0 |
| ARCH CAP GROUP LTD | ORD | G0450A105 | BBG001S9HZ74 | 719925 | 7500 | SH |  | SOLE |  | 7500 | 0 | 0 |
| ARDAGH METAL PACKAGING S A | SHS | L02235106 | BBG00ZF0FGV9 | 8076790 | 1994269 | SH |  | SOLE |  | 1994269 | 0 | 0 |
| ATLANTIC UN BANKSHARES CORP | COM | 04911A107 | BBG001S7GJV8 | 525664 | 14708 | SH |  | SOLE |  | 14708 | 0 | 0 |
| B  G FOODS INC | COM | 05508R106 | BBG001SQD861 | 66739 | 13875 | SH |  | SOLE |  | 13875 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 | BBG001S5P0Y0 | 1382789 | 28365 | SH |  | SOLE |  | 28365 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | BBG001S90346 | 911918 | 1903 | SH |  | SOLE |  | 1903 | 0 | 0 |
| BEST BUY INC | COM | 086516101 | BBG001S5P285 | 8910832 | 138798 | SH |  | SOLE |  | 138798 | 0 | 0 |
| BLACKROCK INC | COM | 09290D101 | BBG01PSW2WR0 | 205806 | 214 | SH |  | SOLE |  | 214 | 0 | 0 |
| BLACKSTONE INC | COM | 09260D107 | BBG001S7H949 | 579550 | 5040 | SH |  | SOLE |  | 5040 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 | BBG001S8N8J6 | 13951855 | 230039 | SH |  | SOLE |  | 230039 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 | BBG00KHY5SY8 | 1282672 | 4144 | SH |  | SOLE |  | 4144 | 0 | 0 |
| BROOKFIELD INFRASTRUCTURE PA | LP INT UNIT | G16252101 | BBG001S5P686 | 431417 | 11944 | SH |  | SOLE |  | 11944 | 0 | 0 |
| BXP INC | COM | 101121101 | BBG001S9TWV1 | 503119 | 9694 | SH |  | SOLE |  | 9694 | 0 | 0 |
| CARRIER GLOBAL CORPORATION | COM | 14448C104 | BBG00RP5HZM1 | 3338740 | 59292 | SH |  | SOLE |  | 59292 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 | BBG001S5PJ06 | 880616 | 1243 | SH |  | SOLE |  | 1243 | 0 | 0 |
| CHEVRON CORPORATION | COM | 166764100 | BBG001S67ZC5 | 618631 | 2990 | SH |  | SOLE |  | 2990 | 0 | 0 |
| CHUBB LTD SWITZ | COM | H1467J104 | BBG001S8S1L3 | 206314 | 633 | SH |  | SOLE |  | 633 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 | BBG001S6HC62 | 7608872 | 98065 | SH |  | SOLE |  | 98065 | 0 | 0 |
| CLEARWAY ENERGY INC | CL A | 18539C105 | BBG004P33PP1 | 12106624 | 309079 | SH |  | SOLE |  | 309079 | 0 | 0 |
| CLEARWAY ENERGY INC | CL C | 18539C204 | BBG008LJ4TG2 | 243991 | 6210 | SH |  | SOLE |  | 6210 | 0 | 0 |
| CLOROX CO DEL | COM | 189054109 | BBG001S5PX50 | 9502975 | 91701 | SH |  | SOLE |  | 91701 | 0 | 0 |
| COCA COLA CO | COM | 191216100 | BBG001S5SMQ8 | 722688 | 9503 | SH |  | SOLE |  | 9503 | 0 | 0 |
| COLUMBIA BKG SYS INC | COM | 197236102 | BBG001S72GJ3 | 8773266 | 319842 | SH |  | SOLE |  | 319842 | 0 | 0 |
| CONAGRA BRANDS INC | COM | 205887102 | BBG001S5PGY5 | 7364006 | 468448 | SH |  | SOLE |  | 468448 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 | BBG001S5TZM2 | 200376 | 1518 | SH |  | SOLE |  | 1518 | 0 | 0 |
| CORNING INC | COM | 219350105 | BBG001S5RLH1 | 572298 | 4209 | SH |  | SOLE |  | 4209 | 0 | 0 |
| COSTCO WHOLESALE CORPORATION | COM | 22160K105 | BBG001S9KRQ7 | 748736 | 751 | SH |  | SOLE |  | 751 | 0 | 0 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 | BBG00BLYKRZ7 | 400170 | 1025 | SH |  | SOLE |  | 1025 | 0 | 0 |
| CROWN CASTLE INC | COM | 22822V101 | BBG001S7W5T3 | 2108612 | 25933 | SH |  | SOLE |  | 25933 | 0 | 0 |
| DANAHER CORP DEL | COM | 235851102 | BBG001S5QGT0 | 601825 | 3174 | SH |  | SOLE |  | 3174 | 0 | 0 |
| DEERE  CO | COM | 244199105 | BBG001S5QFF7 | 1274185 | 2262 | SH |  | SOLE |  | 2262 | 0 | 0 |
| DIGITAL RLTY TR INC | COM | 253868103 | BBG001SM0K30 | 998003 | 5538 | SH |  | SOLE |  | 5538 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 | BBG001S5QHF3 | 5123904 | 53164 | SH |  | SOLE |  | 53164 | 0 | 0 |
| DOCUSIGN INC | COM | 256163106 | BBG001T535D5 | 4304022 | 90783 | SH |  | SOLE |  | 90783 | 0 | 0 |
| DOMINION ENERGY INC | COM | 25746U109 | BBG001S5QCP3 | 10329680 | 167093 | SH |  | SOLE |  | 167093 | 0 | 0 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 | BBG001S5QNR7 | 554701 | 4236 | SH |  | SOLE |  | 4236 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 | BBG001S5QZ45 | 618769 | 1730 | SH |  | SOLE |  | 1730 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 | BBG001S5STL8 | 1460595 | 1588 | SH |  | SOLE |  | 1588 | 0 | 0 |
| ENBRIDGE INC | COM | 29250N105 | BBG001S6Q6D7 | 7730802 | 142793 | SH |  | SOLE |  | 142793 | 0 | 0 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 | BBG001SDHNW4 | 7667228 | 397266 | SH |  | SOLE |  | 397266 | 0 | 0 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 | BBG001S9P0Z1 | 8166333 | 215812 | SH |  | SOLE |  | 215812 | 0 | 0 |
| EQUITY RESIDENTIAL | SH BEN INT | 29476L107 | BBG001S723L9 | 204068 | 3450 | SH |  | SOLE |  | 3450 | 0 | 0 |
| ESSENTIAL PPTYS RLTY TR INC | COM | 29670E107 | BBG00L17LH87 | 220110 | 7250 | SH |  | SOLE |  | 7250 | 0 | 0 |
| ETHAN ALLEN INTERIORS INC | COM | 297602104 | BBG001S67JZ6 | 8170755 | 367060 | SH |  | SOLE |  | 367060 | 0 | 0 |
| EVEREST GROUP LTD | COM | G3223R108 | BBG001S7QT63 | 2858281 | 8745 | SH |  | SOLE |  | 8745 | 0 | 0 |
| EXTRA SPACE STORAGE INC | COM | 30225T102 | BBG001SLSXK5 | 275373 | 2100 | SH |  | SOLE |  | 2100 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 | BBG001S69V32 | 3254351 | 19182 | SH |  | SOLE |  | 19182 | 0 | 0 |
| FEDERATED HERMES INC | CL B | 314211103 | BBG001S6TGK4 | 311565 | 5494 | SH |  | SOLE |  | 5494 | 0 | 0 |
| FIRST SOLAR INC | COM | 336433107 | BBG001S991Z7 | 246575 | 1250 | SH |  | SOLE |  | 1250 | 0 | 0 |
| FIRST TR EXCHANGE-TRADED FD | NASDAQ CYB ETF | 33734X846 | BBG009K1H2W7 | 333771 | 5325 | SH |  | SOLE |  | 5325 | 0 | 0 |
| FISERV INC | COM | 337738108 | BBG001S5R6Q4 | 2814161 | 50433 | SH |  | SOLE |  | 50433 | 0 | 0 |
| FLEX LNG LTD | SHS | G35947202 | BBG001SSXL39 | 11053726 | 372054 | SH |  | SOLE |  | 372054 | 0 | 0 |
| FREEPORT MCMORAN INC | CL B | 35671D857 | BBG001S5R3F3 | 6491545 | 110438 | SH |  | SOLE |  | 110438 | 0 | 0 |
| GE AEROSPACE | COM NEW | 369604301 | BBG001S5PVD5 | 308657 | 1088 | SH |  | SOLE |  | 1088 | 0 | 0 |
| GENERAL MTRS CO | COM | 37045V100 | BBG001SM1DK6 | 225065 | 3021 | SH |  | SOLE |  | 3021 | 0 | 0 |
| GENPACT LIMITED | SHS | G3922B107 | BBG001SJT2Y2 | 4555763 | 122302 | SH |  | SOLE |  | 122302 | 0 | 0 |
| GLADSTONE LD CORP | COM | 376549101 | BBG001TB7TR1 | 178500 | 17500 | SH |  | SOLE |  | 17500 | 0 | 0 |
| GLOBAL PARTNERS LP | COM UNITS | 37946R109 | BBG001SH3WJ5 | 2583424 | 61364 | SH |  | SOLE |  | 61364 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 | BBG001SC07Z6 | 470563 | 556 | SH |  | SOLE |  | 556 | 0 | 0 |
| GSK PLC | SPONSORED ADR | 37733W204 | BBG001SD6SM6 | 6687648 | 121175 | SH |  | SOLE |  | 121175 | 0 | 0 |
| GXO LOGISTICS INCORPORATED | COMMON STOCK | 36262G101 | BBG00YDGX9Z1 | 5326810 | 102735 | SH |  | SOLE |  | 102735 | 0 | 0 |
| HERCULES CAPITAL INC | COM | 427096508 | BBG001SDPHZ5 | 9125395 | 617833 | SH |  | SOLE |  | 617833 | 0 | 0 |
| HESS MIDSTREAM LP | CL A SHS | 428103105 | BBG00R02H8F3 | 1814646 | 46685 | SH |  | SOLE |  | 46685 | 0 | 0 |
| HIGH INCOME SECS FD | SHS BEN INT | 42968F108 | BBG001S5V1Z0 | 110400 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 | BBG001S5RTW7 | 921271 | 2801 | SH |  | SOLE |  | 2801 | 0 | 0 |
| HONDA MOTOR CO LTD | ADR ECH CNV IN 3 | 438128308 | BBG001S5RXR4 | 4596529 | 189080 | SH |  | SOLE |  | 189080 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 | BBG001S5X1N1 | 200854 | 889 | SH |  | SOLE |  | 889 | 0 | 0 |
| HOST HOTELS  RESORTS INC | COM | 44107P104 | BBG001S5RY83 | 662553 | 34580 | SH |  | SOLE |  | 34580 | 0 | 0 |
| HUBBELL INC | COM | 443510607 | BBG001S5S1L9 | 490740 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| IDEXX LABS INC | COM | 45168D104 | BBG001S5S4Y9 | 355114 | 632 | SH |  | SOLE |  | 632 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 | BBG001S5S399 | 1253156 | 5170 | SH |  | SOLE |  | 5170 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 | BBG00KJR2NN7 | 1440552 | 7506 | SH |  | SOLE |  | 7506 | 0 | 0 |
| ISHARES TR | 20 YR TR BD ETF | 464287432 | BBG001S8MLN3 | 498468 | 5750 | SH |  | SOLE |  | 5750 | 0 | 0 |
| ISHARES TR | 7-10 YR TRSY BD | 464287440 | BBG001S80936 | 238600 | 2500 | SH |  | SOLE |  | 2500 | 0 | 0 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 | BBG003H6TRS0 | 225963 | 2496 | SH |  | SOLE |  | 2496 | 0 | 0 |
| ISHARES TR | CORE S MCP ETF | 464287507 | BBG001SFC7V0 | 563876 | 8350 | SH |  | SOLE |  | 8350 | 0 | 0 |
| ISHARES TR | CORE S SCP ETF | 464287804 | BBG001SFC7W9 | 630873 | 5075 | SH |  | SOLE |  | 5075 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 | BBG001SFB7R6 | 726370 | 1112 | SH |  | SOLE |  | 1112 | 0 | 0 |
| ISHARES TR | EAFE VALUE ETF | 464288877 | BBG001SNYBH6 | 453089 | 6094 | SH |  | SOLE |  | 6094 | 0 | 0 |
| ISHARES TR | MORNINGSTAR GRWT | 464287119 | BBG001SBRHJ5 | 330361 | 3460 | SH |  | SOLE |  | 3460 | 0 | 0 |
| ISHARES TR | MSCI EAFE ETF | 464287465 | BBG001SG09V7 | 508087 | 5231 | SH |  | SOLE |  | 5231 | 0 | 0 |
| ISHARES TR | RUS MID CAP ETF | 464287499 | BBG001SJCNS1 | 1991368 | 20481 | SH |  | SOLE |  | 20481 | 0 | 0 |
| ISHARES TR | U.S. BAS MTL ETF | 464287838 | BBG001SFGY10 | 263880 | 1500 | SH |  | SOLE |  | 1500 | 0 | 0 |
| J P MORGAN EXCHANGE TRADED F | INTL BD OPP ETF | 46641Q852 | BBG00GD9GQY8 | 418425 | 8750 | SH |  | SOLE |  | 8750 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 | BBG001S5SHQ9 | 3961706 | 16207 | SH |  | SOLE |  | 16207 | 0 | 0 |
| JOHNSON CONTROLS INTERNATION | SHS | G51502105 | BBG001S5WZ84 | 347803 | 2656 | SH |  | SOLE |  | 2656 | 0 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 | BBG001S8CRC3 | 2277935 | 7744 | SH |  | SOLE |  | 7744 | 0 | 0 |
| KB FINL GROUP INC | SPONSORED ADR | 48241A105 | BBG001T309X3 | 5978415 | 59946 | SH |  | SOLE |  | 59946 | 0 | 0 |
| KIMBERLY-CLARK CORP | COM | 494368103 | BBG001S5SLZ0 | 7914013 | 82036 | SH |  | SOLE |  | 82036 | 0 | 0 |
| KINDER MORGAN INC DEL | COM | 49456B101 | BBG001TG2YZ5 | 6449462 | 192349 | SH |  | SOLE |  | 192349 | 0 | 0 |
| KINETIK HOLDINGS INC | COM NEW CL A | 02215L209 | BBG00GCLZ7C7 | 11856525 | 244919 | SH |  | SOLE |  | 244919 | 0 | 0 |
| KLA CORP | COM NEW | 482480100 | BBG001S5SLM4 | 399023 | 271 | SH |  | SOLE |  | 271 | 0 | 0 |
| LABCORP HOLDINGS INC | COM SHS | 504922105 | BBG01MMT6PQ2 | 487729 | 1828 | SH |  | SOLE |  | 1828 | 0 | 0 |
| LAMAR ADVERTISING CO | CL A | 512816109 | BBG001S8KJC2 | 9949903 | 78556 | SH |  | SOLE |  | 78556 | 0 | 0 |
| LAZARD INC | COM | 52110M109 | BBG001S711C4 | 710478 | 16725 | SH |  | SOLE |  | 16725 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 | BBG001S7PS57 | 632796 | 1047 | SH |  | SOLE |  | 1047 | 0 | 0 |
| LOWES COS INC | COM | 548661107 | BBG001S5SVL3 | 357124 | 1511 | SH |  | SOLE |  | 1511 | 0 | 0 |
| LYONDELLBASELL INDUSTRIES NV | SHS - A - | N53745100 | BBG001T8LMY9 | 5639925 | 70009 | SH |  | SOLE |  | 70009 | 0 | 0 |
| MAGNUM ICE CREAM CO NV | ORD SHS | N5505D105 | BBG01TQ4TF76 | 211767 | 14165 | SH |  | SOLE |  | 14165 | 0 | 0 |
| MARRIOTT INTL INC NEW | CL A | 571903202 | BBG001S78K44 | 6181876 | 18901 | SH |  | SOLE |  | 18901 | 0 | 0 |
| MARTIN MARIETTA MATLS INC | COM | 573284106 | BBG001S7QC51 | 442687 | 752 | SH |  | SOLE |  | 752 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 | BBG001SKNNS6 | 324807 | 650 | SH |  | SOLE |  | 650 | 0 | 0 |
| MATERION CORP | COM | 576690101 | BBG001S5PFQ6 | 5343353 | 36940 | SH |  | SOLE |  | 36940 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 | BBG001S5T110 | 438329 | 1410 | SH |  | SOLE |  | 1410 | 0 | 0 |
| MCKESSON CORP | COM | 58155Q103 | BBG001S8F8P8 | 527870 | 610 | SH |  | SOLE |  | 610 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 | BBG001S5T2S9 | 4314830 | 49796 | SH |  | SOLE |  | 49796 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 | BBG001S5TC52 | 1306026 | 10857 | SH |  | SOLE |  | 10857 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 | BBG001SQCQC5 | 5551465 | 9703 | SH |  | SOLE |  | 9703 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 | BBG001S5TD05 | 5293718 | 14301 | SH |  | SOLE |  | 14301 | 0 | 0 |
| MID-AMER APT CMNTYS INC | COM | 59522J103 | BBG001S7HZ69 | 549784 | 4502 | SH |  | SOLE |  | 4502 | 0 | 0 |
| MILLROSE PPTYS INC | COM CL A | 601137102 | BBG01RQYH427 | 8195292 | 292689 | SH |  | SOLE |  | 292689 | 0 | 0 |
| MPLX LP | COM UNIT REP LTD | 55336V100 | BBG0035TJHL3 | 8844439 | 154975 | SH |  | SOLE |  | 154975 | 0 | 0 |
| NATIONAL GRID PLC | SPONSORED ADR NE | 636274409 | BBG001SD9VH2 | 5686981 | 67222 | SH |  | SOLE |  | 67222 | 0 | 0 |
| NETFLIX INC. | COM | 64110L106 | BBG001SF6L46 | 489980 | 5096 | SH |  | SOLE |  | 5096 | 0 | 0 |
| NEWMONT CORP | COM | 651639106 | BBG001S5TKX3 | 457898 | 4230 | SH |  | SOLE |  | 4230 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 | BBG001S5RB29 | 831183 | 8949 | SH |  | SOLE |  | 8949 | 0 | 0 |
| NORTHROP GRUMMAN CORP | COM | 666807102 | BBG001S5TP26 | 3916513 | 5741 | SH |  | SOLE |  | 5741 | 0 | 0 |
| NRG ENERGY INC | COM NEW | 629377508 | BBG001SDD8F0 | 241131 | 1650 | SH |  | SOLE |  | 1650 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 | BBG001S5TZJ6 | 4660841 | 26725 | SH |  | SOLE |  | 26725 | 0 | 0 |
| OLD DOMINION FREIGHT LINE IN | COM | 679580100 | BBG001S6WQT9 | 347812 | 1780 | SH |  | SOLE |  | 1780 | 0 | 0 |
| ONEOK INC NEW | COM | 682680103 | BBG001S5TWK1 | 412721 | 4566 | SH |  | SOLE |  | 4566 | 0 | 0 |
| ORGANON  CO | COMMON STOCK | 68622V106 | BBG00ZQRGW42 | 130223 | 21740 | SH |  | SOLE |  | 21740 | 0 | 0 |
| ORIX CORP | SPONSORED ADR | 686330101 | BBG001S5SFJ1 | 6092665 | 203157 | SH |  | SOLE |  | 203157 | 0 | 0 |
| PARKER-HANNIFIN CORP | COM | 701094104 | BBG001S5V554 | 258724 | 289 | SH |  | SOLE |  | 289 | 0 | 0 |
| PEPSICO INC | COM | 713448108 | BBG001S695T1 | 584626 | 3765 | SH |  | SOLE |  | 3765 | 0 | 0 |
| PFIZER INC | COM | 717081103 | BBG001S5V466 | 11625626 | 414018 | SH |  | SOLE |  | 414018 | 0 | 0 |
| PIMCO ETF TR | 0-5 HIGH YIELD | 72201R783 | BBG001V1XW67 | 582938 | 6250 | SH |  | SOLE |  | 6250 | 0 | 0 |
| PIMCO ETF TR | INTER MUN BD ACT | 72201R866 | BBG001SF6Y39 | 836658 | 16031 | SH |  | SOLE |  | 16031 | 0 | 0 |
| PLAINS ALL AMERN PIPELINE L | UNIT LTD PARTN | 726503105 | BBG001S985K5 | 4055463 | 181615 | SH |  | SOLE |  | 181615 | 0 | 0 |
| PLAINS GP HLDGS L P | LTD PARTNR INT A | 72651A207 | BBG001SZV282 | 7560754 | 311398 | SH |  | SOLE |  | 311398 | 0 | 0 |
| POSTAL REALTY TRUST INC | CL A | 73757R102 | BBG00NSBGG83 | 9775459 | 526695 | SH |  | SOLE |  | 526695 | 0 | 0 |
| PROCTER  GAMBLE CO | COM | 742718109 | BBG001S5V4L9 | 1373152 | 9507 | SH |  | SOLE |  | 9507 | 0 | 0 |
| PROGRESSIVE CORP | COM | 743315103 | BBG001S5V509 | 348704 | 1759 | SH |  | SOLE |  | 1759 | 0 | 0 |
| PROLOGIS INC. | COM | 74340W103 | BBG001S5NMN6 | 1055193 | 7983 | SH |  | SOLE |  | 7983 | 0 | 0 |
| PUTNAM PREMIER INCOME TR | SH BEN INT | 746853100 | BBG001S5VCG7 | 88750 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| REALTY INCOME CORP | COM | 756109104 | BBG001S884K0 | 11696309 | 191179 | SH |  | SOLE |  | 191179 | 0 | 0 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 | BBG001S6PX49 | 4790450 | 6200 | SH |  | SOLE |  | 6200 | 0 | 0 |
| RIO TINTO PLC | SPONSORED ADR | 767204100 | BBG001SB0LX9 | 6625260 | 71018 | SH |  | SOLE |  | 71018 | 0 | 0 |
| RITHM CAPITAL CORP | COM NEW | 64828T201 | BBG003T1GM12 | 167085 | 17625 | SH |  | SOLE |  | 17625 | 0 | 0 |
| RTX CORPORATION | COM | 75513E101 | BBG001S5X5Q9 | 322915 | 1674 | SH |  | SOLE |  | 1674 | 0 | 0 |
| RYMAN HOSPITALITY PPTYS INC | COM | 78377T107 | BBG001S6SHG8 | 9881102 | 107089 | SH |  | SOLE |  | 107089 | 0 | 0 |
| SABA CAPITAL INCOME  OPPORT | COM NEW | 880198205 | BBG001S5RKQ3 | 208000 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| SABRA HEALTH CARE REIT INC | COM | 78573L106 | BBG001SGNMK5 | 11598964 | 603170 | SH |  | SOLE |  | 603170 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 | BBG001S5VXD4 | 6987235 | 74348 | SH |  | SOLE |  | 74348 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET MAT | 81369Y100 | BBG001S7R733 | 239856 | 4800 | SH |  | SOLE |  | 4800 | 0 | 0 |
| SEMPRA | COM | 816851109 | BBG001SBVZ73 | 543666 | 5595 | SH |  | SOLE |  | 5595 | 0 | 0 |
| SHELL PLC | SPON ADS | 780259305 | BBG0147BN6H1 | 5676822 | 61041 | SH |  | SOLE |  | 61041 | 0 | 0 |
| SIMON PPTY GROUP INC NEW | COM | 828806109 | BBG001S77WM9 | 829499 | 4447 | SH |  | SOLE |  | 4447 | 0 | 0 |
| SIRIUSXM HOLDINGS INC | COMMON STOCK | 829933100 | BBG01KJQM3Z7 | 322589 | 13977 | SH |  | SOLE |  | 13977 | 0 | 0 |
| SIXTH STREET SPECIALTY LENDI | COM | 83012A109 | BBG001V064L4 | 8894757 | 483937 | SH |  | SOLE |  | 483937 | 0 | 0 |
| SOUTHERN CO | COM | 842587107 | BBG001S5W777 | 286664 | 2970 | SH |  | SOLE |  | 2970 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 | BBG001SCPX28 | 570134 | 1325 | SH |  | SOLE |  | 1325 | 0 | 0 |
| SPDR INDEX SHS FDS | STATE STREET SPD | 78463X509 | BBG001SRXRD7 | 574648 | 12250 | SH |  | SOLE |  | 12250 | 0 | 0 |
| STANLEY BLACK  DECKER INC | COM | 854502101 | BBG001S5WHT1 | 10237109 | 144063 | SH |  | SOLE |  | 144063 | 0 | 0 |
| STATE STR SPDR S 500 ETF T | TR UNIT | 78462F103 | BBG001S72SM3 | 1134972 | 1745 | SH |  | SOLE |  | 1745 | 0 | 0 |
| STATE STR SPDR S MIDCAP 40 | UTSER1 S | 78467Y107 | BBG001S63NQ1 | 2718678 | 4408 | SH |  | SOLE |  | 4408 | 0 | 0 |
| STRATEGY INC | CL A NEW | 594972408 | BBG001SC7PX1 | 244858 | 1962 | SH |  | SOLE |  | 1962 | 0 | 0 |
| SUMITOMO MITSUI FIN GRP INC | SPONSORED ADR | 86562M209 | BBG001SLH608 | 4084480 | 206809 | SH |  | SOLE |  | 206809 | 0 | 0 |
| SUNOCO LP/SUNOCO FIN CORP | COM UT REP LP | 86765K109 | BBG00358K8T9 | 3154878 | 48559 | SH |  | SOLE |  | 48559 | 0 | 0 |
| SYNOPSYS INC | COM | 871607107 | BBG001S5VTR8 | 391326 | 987 | SH |  | SOLE |  | 987 | 0 | 0 |
| SYSCO CORP | COM | 871829107 | BBG001S5WJS8 | 4746151 | 66538 | SH |  | SOLE |  | 66538 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MANUFAC | SPONSORED ADS | 874039100 | BBG001S5WWW4 | 645822 | 1911 | SH |  | SOLE |  | 1911 | 0 | 0 |
| TARGA RES CORP | COM | 87612G101 | BBG001TC94B9 | 467110 | 1863 | SH |  | SOLE |  | 1863 | 0 | 0 |
| TERADYNE INC | COM | 880770102 | BBG001S5WMZ3 | 4230624 | 14270 | SH |  | SOLE |  | 14270 | 0 | 0 |
| THE CIGNA GROUP | COM | 125523100 | BBG00KXRCDQ9 | 232073 | 870 | SH |  | SOLE |  | 870 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 | BBG001S5WS08 | 4113275 | 8368 | SH |  | SOLE |  | 8368 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 | BBG001S5WQ93 | 246417 | 1543 | SH |  | SOLE |  | 1543 | 0 | 0 |
| TOTALENERGIES SE | ACT | F92124100 | BBG001S67Y74 | 7330168 | 80569 | SH |  | SOLE |  | 80569 | 0 | 0 |
| TRANE TECHNOLOGIES PLC | SHS | G8994E103 | BBG001S5SBV6 | 837231 | 2009 | SH |  | SOLE |  | 2009 | 0 | 0 |
| TRIPADVISOR INC | COM | 896945201 | BBG001V10VR2 | 3428672 | 321639 | SH |  | SOLE |  | 321639 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 | BBG002B04MW4 | 5739654 | 79795 | SH |  | SOLE |  | 79795 | 0 | 0 |
| UNILEVER PLC | SPON ADR NEW | 904767803 | BBG001S5X1K4 | 3934063 | 69055 | SH |  | SOLE |  | 69055 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 | BBG001S5X2M0 | 659926 | 2720 | SH |  | SOLE |  | 2720 | 0 | 0 |
| UNITED PARCEL SVCS INC | CL B | 911312106 | BBG001SDGSH1 | 9275191 | 94279 | SH |  | SOLE |  | 94279 | 0 | 0 |
| UNITED RENTALS INC | COM | 911363109 | BBG001SBGZ25 | 3858008 | 5295 | SH |  | SOLE |  | 5295 | 0 | 0 |
| VANECK ETF TRUST | GOLD MINERS ETF | 92189F106 | BBG001SR42Z0 | 298253 | 3250 | SH |  | SOLE |  | 3250 | 0 | 0 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 | BBG001SK7DK4 | 317167 | 4307 | SH |  | SOLE |  | 4307 | 0 | 0 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 | BBG001SHTTS4 | 292213 | 669 | SH |  | SOLE |  | 669 | 0 | 0 |
| VANGUARD INDEX FDS | MCAP VL IDXVIP | 922908512 | BBG001SRN7W1 | 3912817 | 21233 | SH |  | SOLE |  | 21233 | 0 | 0 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 | BBG001SHVTS1 | 7174618 | 24983 | SH |  | SOLE |  | 24983 | 0 | 0 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 | BBG001TC6MC1 | 408311 | 683 | SH |  | SOLE |  | 683 | 0 | 0 |
| VANGUARD INDEX FDS | SM CP VAL ETF | 922908611 | BBG001SHVTR2 | 286336 | 1318 | SH |  | SOLE |  | 1318 | 0 | 0 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 | BBG001SHTTV0 | 7451744 | 28450 | SH |  | SOLE |  | 28450 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 | BBG001SP7T00 | 2675963 | 35632 | SH |  | SOLE |  | 35632 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 | BBG001SHTTZ6 | 2037099 | 37689 | SH |  | SOLE |  | 37689 | 0 | 0 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 | BBG001SQX4T3 | 445174 | 2070 | SH |  | SOLE |  | 2070 | 0 | 0 |
| VANGUARD WORLD FD | INF TECH ETF | 92204A702 | BBG001SHTTR5 | 697720 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| VENTAS INC | COM | 92276F100 | BBG001S9T7M6 | 7529704 | 92073 | SH |  | SOLE |  | 92073 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 | BBG001S67QY1 | 13669903 | 272309 | SH |  | SOLE |  | 272309 | 0 | 0 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 | BBG001S68LJ8 | 290251 | 650 | SH |  | SOLE |  | 650 | 0 | 0 |
| VICI PPTYS INC | COM | 925652109 | BBG00HVVB4B6 | 10004666 | 366203 | SH |  | SOLE |  | 366203 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 | BBG001SRCFY3 | 574302 | 1900 | SH |  | SOLE |  | 1900 | 0 | 0 |
| WALMART INC | COM | 931142103 | BBG001S5XH92 | 1640366 | 13199 | SH |  | SOLE |  | 13199 | 0 | 0 |
| WESTERN ASSET INVESTMENT GRA | COM | 95766T100 | BBG001S5V055 | 181425 | 15000 | SH |  | SOLE |  | 15000 | 0 | 0 |
| WESTERN UN CO | COM | 959802109 | BBG001SR0YK0 | 6975373 | 799012 | SH |  | SOLE |  | 799012 | 0 | 0 |
| WESTLAKE CHEM PARTNERS LP | COM UNIT RP LP | 960417103 | BBG006F8Q8C3 | 1926292 | 87202 | SH |  | SOLE |  | 87202 | 0 | 0 |
| WHIRLPOOL CORP | COM | 963320106 | BBG001S5XFS5 | 4571661 | 84786 | SH |  | SOLE |  | 84786 | 0 | 0 |
| WILLIAMS COS INC | COM | 969457100 | BBG001S5XH10 | 521105 | 7160 | SH |  | SOLE |  | 7160 | 0 | 0 |
| XCEL ENERGY INC | COM | 98389B100 | BBG001S7F0X8 | 218460 | 2750 | SH |  | SOLE |  | 2750 | 0 | 0 |
| XPO INC | COM | 983793100 | BBG001SJW3C0 | 6572677 | 33784 | SH |  | SOLE |  | 33784 | 0 | 0 |
| ZIMMER BIOMET HOLDINGS INC | COM | 98956P102 | BBG001S7DQJ9 | 3527637 | 39014 | SH |  | SOLE |  | 39014 | 0 | 0 |

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