# EDGAR Filing Document

**Accession Number:** 0001674020
**File Stem:** 0001674020-25-000006
**Filing Date:** 2025-8
**Character Count:** 28346
**Document Hash:** 8ea65fd6fa56c250cc26994f4d6472f4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001674020-25-000006.hdr.sgml**: 20250812

**ACCESSION NUMBER**: 0001674020-25-000006

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250812

**DATE AS OF CHANGE**: 20250812

**EFFECTIVENESS DATE**: 20250812

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** HORIZON FINANCIAL SERVICES, LLC
- **CENTRAL INDEX KEY:** 0001674020

**ORGANIZATION NAME:**
- **EIN:** 452847732
- **STATE OF INCORPORATION:** NC
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-20382
- **FILM NUMBER:** 251204275

**BUSINESS ADDRESS:**
- **STREET 1:** 3880 VEST MILL RD, STE 100
- **CITY:** WINSTON SALEM
- **STATE:** NC
- **ZIP:** 27103
- **BUSINESS PHONE:** 3366597060

**MAIL ADDRESS:**
- **STREET 1:** 3880 VEST MILL RD, STE 100
- **CITY:** WINSTON SALEM
- **STATE:** NC
- **ZIP:** 27103

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 06-30-2025

**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:** HORIZON FINANCIAL SERVICES LLC<br>**Address:** 3880 VEST MILL RD STE 100<br>WINSTON SALEM, NC 27103

**Form 13F File Number:** 028-20382

**CRD Number (if applicable):** 000158798

**SEC File Number (if applicable):** 801-113778

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 BRAIS<br>**Title:** CCO<br>**Phone:** 3366597060

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

JOHN BRAIS  WINSTON-SALEM, NC  08-12-2025<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:** 1

**Form 13F Information Table Entry Total:** 321

**Form 13F Information Table Value Total:** $188602357

      (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.]

| No.   | Name               | Form 13F File Number   |
|:---|:---|:---|
|  | Advisory Alpha LLC |  |

### 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 |
| ADP | Stock | 053015103 |  | 308 | 1 | SH |  | SOLE | 1 | 0 | 0 | 1 |
| BLK | Stock | 09247X101 |  | 1049 | 1 | SH |  | SOLE | 1 | 0 | 0 | 1 |
| CAT | Stock | 149123101 |  | 388 | 1 | SH |  | SOLE | 1 | 0 | 0 | 1 |
| DE | Stock | 244199105 |  | 508 | 1 | SH |  | SOLE | 1 | 0 | 0 | 1 |
| 45669R701 | Stock | 45669R701 |  | 0 | 1 | SH |  | SOLE | 1 | 0 | 0 | 1 |
| ISRG | Stock | 46120E602 |  | 543 | 1 | SH |  | SOLE | 1 | 0 | 0 | 1 |
| KLAC | Stock | 482480100 |  | 896 | 1 | SH |  | SOLE | 1 | 0 | 0 | 1 |
| MPWR | Stock | 609839105 |  | 731 | 1 | SH |  | SOLE | 1 | 0 | 0 | 1 |
| ORCL | Stock | 68389X105 |  | 220 | 1 | SH |  | SOLE | 1 | 0 | 0 | 1 |
| POOL | Stock | 73278L105 |  | 291 | 1 | SH |  | SOLE | 1 | 0 | 0 | 1 |
| PSA | Stock | 74460D109 |  | 293 | 1 | SH |  | SOLE | 1 | 0 | 0 | 1 |
| PWR | Stock | 74762E102 |  | 378 | 1 | SH |  | SOLE | 1 | 0 | 0 | 1 |
| ROP | Stock | 776696106 |  | 567 | 1 | SH |  | SOLE | 1 | 0 | 0 | 1 |
| SNPS | Stock | 871607107 |  | 513 | 1 | SH |  | SOLE | 1 | 0 | 0 | 1 |
| DJT | Stock | 25400Q105 |  | 18 | 1 | SH |  | SOLE | 1 | 0 | 0 | 1 |
| ULTA | Stock | 90384S303 |  | 468 | 1 | SH |  | SOLE | 1 | 0 | 0 | 1 |
| AMT | Stock | 03027X100 |  | 442 | 2 | SH |  | SOLE | 1 | 0 | 0 | 2 |
| CPAY | Stock | 219948106 |  | 664 | 2 | SH |  | SOLE | 1 | 0 | 0 | 2 |
| MAR | Stock | 571903202 |  | 546 | 2 | SH |  | SOLE | 1 | 0 | 0 | 2 |
| MRP | Stock | 601137102 |  | 57 | 2 | SH |  | SOLE | 1 | 0 | 0 | 2 |
| RSG | Stock | 760759100 |  | 493 | 2 | SH |  | SOLE | 1 | 0 | 0 | 2 |
| SBAC | Stock | 78410G104 |  | 470 | 2 | SH |  | SOLE | 1 | 0 | 0 | 2 |
| TRGP | Stock | 87612G101 |  | 348 | 2 | SH |  | SOLE | 1 | 0 | 0 | 2 |
| VRTX | Stock | 92532F100 |  | 890 | 2 | SH |  | SOLE | 1 | 0 | 0 | 2 |
| AMGN | Stock | 031162100 |  | 838 | 3 | SH |  | SOLE | 1 | 0 | 0 | 3 |
| ADSK | Stock | 052769106 |  | 929 | 3 | SH |  | SOLE | 1 | 0 | 0 | 3 |
| BA | Stock | 365465465 |  | 629 | 3 | SH |  | SOLE | 1 | 0 | 0 | 3 |
| HES | Stock | 42809H107 |  | 416 | 3 | SH |  | SOLE | 1 | 0 | 0 | 3 |
| HLT | Stock | 43300A203 |  | 799 | 3 | SH |  | SOLE | 1 | 0 | 0 | 3 |
| RCL | Stock | V7780T103 |  | 939 | 3 | SH |  | SOLE | 1 | 0 | 0 | 3 |
| WM | Stock | 94106L109 |  | 686 | 3 | SH |  | SOLE | 1 | 0 | 0 | 3 |
| CME | Stock | 12572Q105 |  | 1102 | 4 | SH |  | SOLE | 1 | 0 | 0 | 4 |
| DRI | Stock | 237194105 |  | 872 | 4 | SH |  | SOLE | 1 | 0 | 0 | 4 |
| GRMN | Stock | H2906T109 |  | 835 | 4 | SH |  | SOLE | 1 | 0 | 0 | 4 |
| OKE | Stock | 682680103 |  | 327 | 4 | SH |  | SOLE | 1 | 0 | 0 | 4 |
| TMO | Stock | 883556102 |  | 1622 | 4 | SH |  | SOLE | 1 | 0 | 0 | 4 |
| WKHS | Stock | 98138J206 |  | 4 | 4 | SH |  | SOLE | 1 | 0 | 0 | 4 |
| FTPM | Stock | 35104N100 |  | 0 | 5 | SH |  | SOLE | 1 | 0 | 0 | 5 |
| ABNB | Stock | 009066101 |  | 662 | 5 | SH |  | SOLE | 1 | 0 | 0 | 5 |
| ALLE | Stock | G0176J109 |  | 721 | 5 | SH |  | SOLE | 1 | 0 | 0 | 5 |
| COF | Stock | 14040H105 |  | 1064 | 5 | SH |  | SOLE | 1 | 0 | 0 | 5 |
| CDW | Stock | 12514G102 |  | 893 | 5 | SH |  | SOLE | 1 | 0 | 0 | 5 |
| LEN | Stock | 526057104 |  | 553 | 5 | SH |  | SOLE | 1 | 0 | 0 | 5 |
| LIN | Stock | G5494J103 |  | 2346 | 5 | SH |  | SOLE | 1 | 0 | 0 | 5 |
| LMT | Stock | 539830109 |  | 2316 | 5 | SH |  | SOLE | 1 | 0 | 0 | 5 |
| NFLX | Stock | 64110L106 |  | 6696 | 5 | SH |  | SOLE | 1 | 0 | 0 | 5 |
| NOC | Stock | 666807102 |  | 2500 | 5 | SH |  | SOLE | 1 | 0 | 0 | 5 |
| PANW | Stock | 697435105 |  | 1023 | 5 | SH |  | SOLE | 1 | 0 | 0 | 5 |
| PNR | Stock | G7S00T104 |  | 513 | 5 | SH |  | SOLE | 1 | 0 | 0 | 5 |
| BX | Stock | 09260D107 |  | 897 | 6 | SH |  | SOLE | 1 | 0 | 0 | 6 |
| CHTR | Stock | 16119P108 |  | 2453 | 6 | SH |  | SOLE | 1 | 0 | 0 | 6 |
| IR | Stock | G47791101 |  | 499 | 6 | SH |  | SOLE | 1 | 0 | 0 | 6 |
| JBL | Stock | 466313103 |  | 1309 | 6 | SH |  | SOLE | 1 | 0 | 0 | 6 |
| VMC | Stock | 929160109 |  | 1565 | 6 | SH |  | SOLE | 1 | 0 | 0 | 6 |
| BDX | Stock | 075887109 |  | 1206 | 7 | SH |  | SOLE | 1 | 0 | 0 | 7 |
| AOS | Stock | 831865209 |  | 459 | 7 | SH |  | SOLE | 1 | 0 | 0 | 7 |
| WST | Stock | 955306105 |  | 1532 | 7 | SH |  | SOLE | 1 | 0 | 0 | 7 |
| GLW | Stock | 219350105 |  | 426 | 8 | SH |  | SOLE | 1 | 0 | 0 | 8 |
| ECL | Stock | 278865100 |  | 2156 | 8 | SH |  | SOLE | 1 | 0 | 0 | 8 |
| HCA | Stock | 40412C101 |  | 3065 | 8 | SH |  | SOLE | 1 | 0 | 0 | 8 |
| MCD | Stock | 580135101 |  | 2337 | 8 | SH |  | SOLE | 1 | 0 | 0 | 8 |
| MCO | Stock | 615369105 |  | 4013 | 8 | SH |  | SOLE | 1 | 0 | 0 | 8 |
| NTAP | Stock | 64110D104 |  | 852 | 8 | SH |  | SOLE | 1 | 0 | 0 | 8 |
| NVO | Stock | 670100205 |  | 552 | 8 | SH |  | SOLE | 1 | 0 | 0 | 8 |
| ODFL | Stock | 679580100 |  | 1298 | 8 | SH |  | SOLE | 1 | 0 | 0 | 8 |
| ZBH | Stock | 98956P102 |  | 730 | 8 | SH |  | SOLE | 1 | 0 | 0 | 8 |
| CI | Stock | 125509109 |  | 2975 | 9 | SH |  | SOLE | 1 | 0 | 0 | 9 |
| IQV | Stock | 46266C105 |  | 1418 | 9 | SH |  | SOLE | 1 | 0 | 0 | 9 |
| AVB | Stock | 053484101 |  | 2035 | 10 | SH |  | SOLE | 1 | 0 | 0 | 10 |
| BR | Stock | 11133T103 |  | 2430 | 10 | SH |  | SOLE | 1 | 0 | 0 | 10 |
| IEXA | Stock | 451691109 |  | 0 | 10 | SH |  | SOLE | 1 | 0 | 0 | 10 |
| ITW | Stock | 452308109 |  | 2473 | 10 | SH |  | SOLE | 1 | 0 | 0 | 10 |
| META | Stock | 30303M102 |  | 7381 | 10 | SH |  | SOLE | 1 | 0 | 0 | 10 |
| RJF | Stock | 754730109 |  | 1534 | 10 | SH |  | SOLE | 1 | 0 | 0 | 10 |
| UNP | Stock | 907818108 |  | 2301 | 10 | SH |  | SOLE | 1 | 0 | 0 | 10 |
| BRO | Stock | 115236101 |  | 1330 | 12 | SH |  | SOLE | 1 | 0 | 0 | 12 |
| CDNS | Stock | 127387108 |  | 3698 | 12 | SH |  | SOLE | 1 | 0 | 0 | 12 |
| DXCM | Stock | 252131107 |  | 1047 | 12 | SH |  | SOLE | 1 | 0 | 0 | 12 |
| AJG | Stock | 363576109 |  | 3841 | 12 | SH |  | SOLE | 1 | 0 | 0 | 12 |
| HON | Stock | 438516106 |  | 2795 | 12 | SH |  | SOLE | 1 | 0 | 0 | 12 |
| ROST | Stock | 778296103 |  | 1531 | 12 | SH |  | SOLE | 1 | 0 | 0 | 12 |
| STX | Stock | G7945M107 |  | 1732 | 12 | SH |  | SOLE | 1 | 0 | 0 | 12 |
| AKAM | Stock | 00971T101 |  | 1037 | 13 | SH |  | SOLE | 1 | 0 | 0 | 13 |
| CBOE | Stock | 12503M108 |  | 3032 | 13 | SH |  | SOLE | 1 | 0 | 0 | 13 |
| DHI | Stock | 23331A109 |  | 1676 | 13 | SH |  | SOLE | 1 | 0 | 0 | 13 |
| PM | Stock | 718172109 |  | 2368 | 13 | SH |  | SOLE | 1 | 0 | 0 | 13 |
| THC | Stock | 88033G407 |  | 2288 | 13 | SH |  | SOLE | 1 | 0 | 0 | 13 |
| TSLA | Stock | 88160R101 |  | 4130 | 13 | SH |  | SOLE | 1 | 0 | 0 | 13 |
| VOO | ETF | 922908363 |  | 7384 | 13 | SH |  | SOLE | 1 | 0 | 0 | 13 |
| FAST | Stock | 311900104 |  | 588 | 14 | SH |  | SOLE | 1 | 0 | 0 | 14 |
| GPN | Stock | 37940X102 |  | 1121 | 14 | SH |  | SOLE | 1 | 0 | 0 | 14 |
| KMB | Stock | 494368103 |  | 1805 | 14 | SH |  | SOLE | 1 | 0 | 0 | 14 |
| PTC | Stock | 69370C100 |  | 2413 | 14 | SH |  | SOLE | 1 | 0 | 0 | 14 |
| ARVLF | Stock | L0423Q124 |  | 0 | 15 | SH |  | SOLE | 1 | 0 | 0 | 15 |
| GE | Stock | 369604301 |  | 3861 | 15 | SH |  | SOLE | 1 | 0 | 0 | 15 |
| TSCO | Stock | 892356106 |  | 792 | 15 | SH |  | SOLE | 1 | 0 | 0 | 15 |
| HLGN | Stock | 42329E204 |  | 27 | 17 | SH |  | SOLE | 1 | 0 | 0 | 17 |
| KEYS | Stock | 49338L103 |  | 2786 | 17 | SH |  | SOLE | 1 | 0 | 0 | 17 |
| CPT | Stock | 133131102 |  | 2028 | 18 | SH |  | SOLE | 1 | 0 | 0 | 18 |
| CHD | Stock | 171340102 |  | 1730 | 18 | SH |  | SOLE | 1 | 0 | 0 | 18 |
| FSLR | Stock | 336433107 |  | 2980 | 18 | SH |  | SOLE | 1 | 0 | 0 | 18 |
| NXPI | Stock | N6596X109 |  | 3933 | 18 | SH |  | SOLE | 1 | 0 | 0 | 18 |
| EOG | Stock | 26875P101 |  | 2273 | 19 | SH |  | SOLE | 1 | 0 | 0 | 19 |
| TJX | Stock | 872540109 |  | 2470 | 20 | SH |  | SOLE | 1 | 0 | 0 | 20 |
| PAYX | Stock | 704326107 |  | 3055 | 21 | SH |  | SOLE | 1 | 0 | 0 | 21 |
| DIS | Stock | 254687106 |  | 2604 | 21 | SH |  | SOLE | 1 | 0 | 0 | 21 |
| PYPL | Stock | 70450Y103 |  | 1635 | 22 | SH |  | SOLE | 1 | 0 | 0 | 22 |
| EA | Stock | 285512109 |  | 3673 | 23 | SH |  | SOLE | 1 | 0 | 0 | 23 |
| QCOM | Stock | 747525103 |  | 3663 | 23 | SH |  | SOLE | 1 | 0 | 0 | 23 |
| CVX | Stock | 166764100 |  | 3437 | 24 | SH |  | SOLE | 1 | 0 | 0 | 24 |
| COO | Stock | 216648402 |  | 1708 | 24 | SH |  | SOLE | 1 | 0 | 0 | 24 |
| DECK | Stock | 243537107 |  | 2474 | 24 | SH |  | SOLE | 1 | 0 | 0 | 24 |
| ZTS | Stock | 98978V103 |  | 3743 | 24 | SH |  | SOLE | 1 | 0 | 0 | 24 |
| MAS | Stock | 574599106 |  | 1673 | 26 | SH |  | SOLE | 1 | 0 | 0 | 26 |
| OMC | Stock | 681919106 |  | 1870 | 26 | SH |  | SOLE | 1 | 0 | 0 | 26 |
| SYY | Stock | 871829107 |  | 1969 | 26 | SH |  | SOLE | 1 | 0 | 0 | 26 |
| DGRW | ETF | 97717X669 |  | 2174 | 26 | SH |  | SOLE | 1 | 0 | 0 | 26 |
| CTVA | Stock | 22052L104 |  | 2012 | 27 | SH |  | SOLE | 1 | 0 | 0 | 27 |
| FI | Stock | 337738108 |  | 4655 | 27 | SH |  | SOLE | 1 | 0 | 0 | 27 |
| JNJ | Stock | 478160104 |  | 4124 | 27 | SH |  | SOLE | 1 | 0 | 0 | 27 |
| TECH | Stock | 09073M104 |  | 1441 | 28 | SH |  | SOLE | 1 | 0 | 0 | 28 |
| ABBV | Stock | 00287Y109 |  | 5647 | 30 | SH |  | SOLE | 1 | 0 | 0 | 30 |
| MU | Stock | 595112103 |  | 3698 | 30 | SH |  | SOLE | 1 | 0 | 0 | 30 |
| SHOP | Stock | 82509L107 |  | 3461 | 30 | SH |  | SOLE | 1 | 0 | 0 | 30 |
| TT | Stock | G8994E103 |  | 13122 | 30 | SH |  | SOLE | 1 | 0 | 0 | 30 |
| L | Stock | 540424108 |  | 2841 | 31 | SH |  | SOLE | 1 | 0 | 0 | 31 |
| BK | Stock | 064058100 |  | 3007 | 33 | SH |  | SOLE | 1 | 0 | 0 | 33 |
| CWCO | Stock | G23773107 |  | 991 | 33 | SH |  | SOLE | 1 | 0 | 0 | 33 |
| GIS | Stock | 370334104 |  | 1710 | 33 | SH |  | SOLE | 1 | 0 | 0 | 33 |
| MDT | Stock | G5960L103 |  | 2877 | 33 | SH |  | SOLE | 1 | 0 | 0 | 33 |
| CTSH | Stock | 192446102 |  | 2653 | 34 | SH |  | SOLE | 1 | 0 | 0 | 34 |
| CRWD | Stock | 22788C105 |  | 17826 | 35 | SH |  | SOLE | 1 | 0 | 0 | 35 |
| SW | Stock | G8267P108 |  | 1597 | 37 | SH |  | SOLE | 1 | 0 | 0 | 37 |
| SNOW | Stock | 833445109 |  | 8951 | 40 | SH |  | SOLE | 1 | 0 | 0 | 40 |
| TEL | Stock | H84989104 |  | 6747 | 40 | SH |  | SOLE | 1 | 0 | 0 | 40 |
| ACN | Stock | G1151C101 |  | 12553 | 42 | SH |  | SOLE | 1 | 0 | 0 | 42 |
| WRB | Stock | 084423102 |  | 3086 | 42 | SH |  | SOLE | 1 | 0 | 0 | 42 |
| LKQ | Stock | 501889208 |  | 1591 | 43 | SH |  | SOLE | 1 | 0 | 0 | 43 |
| DHR | Stock | 235851102 |  | 8889 | 45 | SH |  | SOLE | 1 | 0 | 0 | 45 |
| PLTR | Stock | 69608A108 |  | 6134 | 45 | SH |  | SOLE | 1 | 0 | 0 | 45 |
| CARR | Stock | 14448C104 |  | 3367 | 46 | SH |  | SOLE | 1 | 0 | 0 | 46 |
| MA | Stock | 57636Q104 |  | 26411 | 47 | SH |  | SOLE | 1 | 0 | 0 | 47 |
| ROL | Stock | 775711104 |  | 2813 | 50 | SH |  | SOLE | 1 | 0 | 0 | 50 |
| UDR | Stock | 902653104 |  | 2042 | 50 | SH |  | SOLE | 1 | 0 | 0 | 50 |
| WBD | Stock | 934423104 |  | 573 | 50 | SH |  | SOLE | 1 | 0 | 0 | 50 |
| XOM | Stock | 30231G102 |  | 5498 | 51 | SH |  | SOLE | 1 | 0 | 0 | 51 |
| MDLZ | Stock | 609207105 |  | 3507 | 52 | SH |  | SOLE | 1 | 0 | 0 | 52 |
| SYK | Stock | 863667101 |  | 20573 | 52 | SH |  | SOLE | 1 | 0 | 0 | 52 |
| AOA | ETF | 464289859 |  | 4504 | 54 | SH |  | SOLE | 1 | 0 | 0 | 54 |
| CZR | Stock | 127686103 |  | 1647 | 58 | SH |  | SOLE | 1 | 0 | 0 | 58 |
| BWA | Stock | 099724106 |  | 1975 | 59 | SH |  | SOLE | 1 | 0 | 0 | 59 |
| IWY | ETF | 464289438 |  | 14727 | 60 | SH |  | SOLE | 1 | 0 | 0 | 60 |
| COP | Stock | 20825C104 |  | 5446 | 61 | SH |  | SOLE | 1 | 0 | 0 | 61 |
| D | Stock | 25746U109 |  | 3504 | 62 | SH |  | SOLE | 1 | 0 | 0 | 62 |
| GS | Stock | 38141G104 |  | 45442 | 64 | SH |  | SOLE | 1 | 0 | 0 | 64 |
| EIX | Stock | 281020107 |  | 3354 | 65 | SH |  | SOLE | 1 | 0 | 0 | 65 |
| FCX | Stock | 35671D857 |  | 2818 | 65 | SH |  | SOLE | 1 | 0 | 0 | 65 |
| VMI | Stock | 920253101 |  | 21227 | 65 | SH |  | SOLE | 1 | 0 | 0 | 65 |
| JNPR | Stock | 48203R104 |  | 2915 | 73 | SH |  | SOLE | 1 | 0 | 0 | 73 |
| BRK/B | Stock | 084670702 |  | 35826 | 74 | SH |  | SOLE | 1 | 0 | 0 | 74 |
| SHY | ETF | 464287457 |  | 6215 | 75 | SH |  | SOLE | 1 | 0 | 0 | 75 |
| PEP | Stock | 713448108 |  | 9903 | 75 | SH |  | SOLE | 1 | 0 | 0 | 75 |
| QRVO | Stock | 74736K101 |  | 6453 | 76 | SH |  | SOLE | 1 | 0 | 0 | 76 |
| RLFTF | ETF | H6759S118 |  | 208 | 77 | SH |  | SOLE | 1 | 0 | 0 | 77 |
| SMH | ETF | 92189F676 |  | 21474 | 77 | SH |  | SOLE | 1 | 0 | 0 | 77 |
| BAC | Stock | 060505104 |  | 3691 | 78 | SH |  | SOLE | 1 | 0 | 0 | 78 |
| VIG | ETF | 921908844 |  | 15964 | 78 | SH |  | SOLE | 1 | 0 | 0 | 78 |
| EXC | Stock | 30161N101 |  | 3430 | 79 | SH |  | SOLE | 1 | 0 | 0 | 79 |
| GEHC | Stock | 36266G107 |  | 5934 | 80 | SH |  | SOLE | 1 | 0 | 0 | 80 |
| IBM | Stock | 459200101 |  | 23582 | 80 | SH |  | SOLE | 1 | 0 | 0 | 80 |
| ADBE | Stock | 00724F101 |  | 31724 | 82 | SH |  | SOLE | 1 | 0 | 0 | 82 |
| UPS | Stock | 911312106 |  | 9085 | 90 | SH |  | SOLE | 1 | 0 | 0 | 90 |
| UMBF | Stock | 902788108 |  | 9990 | 95 | SH |  | SOLE | 1 | 0 | 0 | 95 |
| KO | Stock | 191216100 |  | 6915 | 98 | SH |  | SOLE | 1 | 0 | 0 | 98 |
| CENN | Stock | 150964104 |  | 77 | 100 | SH |  | SOLE | 1 | 0 | 0 | 100 |
| CHWY | Stock | 16679L109 |  | 4262 | 100 | SH |  | SOLE | 1 | 0 | 0 | 100 |
| CMG | Stock | 169656105 |  | 5615 | 100 | SH |  | SOLE | 1 | 0 | 0 | 100 |
| DOW | Stock | 260557103 |  | 2648 | 100 | SH |  | SOLE | 1 | 0 | 0 | 100 |
| QTWO | Stock | 74736L109 |  | 9359 | 100 | SH |  | SOLE | 1 | 0 | 0 | 100 |
| TSM | Stock | 874039100 |  | 22649 | 100 | SH |  | SOLE | 1 | 0 | 0 | 100 |
| HRL | Stock | 440452100 |  | 3116 | 103 | SH |  | SOLE | 1 | 0 | 0 | 103 |
| DOC | Stock | 42250P103 |  | 1821 | 104 | SH |  | SOLE | 1 | 0 | 0 | 104 |
| ORLY | Stock | 67103H107 |  | 9464 | 105 | SH |  | SOLE | 1 | 0 | 0 | 105 |
| SMCI | Stock | 86800U104 |  | 5391 | 110 | SH |  | SOLE | 1 | 0 | 0 | 110 |
| EFIV | ETF | 78468R531 |  | 6616 | 113 | SH |  | SOLE | 1 | 0 | 0 | 113 |
| MLPA | ETF | 37950E473 |  | 5823 | 116 | SH |  | SOLE | 1 | 0 | 0 | 116 |
| PFE | Stock | 717081103 |  | 2860 | 118 | SH |  | SOLE | 1 | 0 | 0 | 118 |
| RF | Stock | 7591EP100 |  | 2869 | 122 | SH |  | SOLE | 1 | 0 | 0 | 122 |
| SO | Stock | 842587107 |  | 11479 | 125 | SH |  | SOLE | 1 | 0 | 0 | 125 |
| SBUX | Stock | 855244109 |  | 11454 | 125 | SH |  | SOLE | 1 | 0 | 0 | 125 |
| FNB | Stock | 302520101 |  | 1881 | 129 | SH |  | SOLE | 1 | 0 | 0 | 129 |
| ICSH | ETF | 46434V878 |  | 6542 | 129 | SH |  | SOLE | 1 | 0 | 0 | 129 |
| CTRA | Stock | 127097103 |  | 3325 | 131 | SH |  | SOLE | 1 | 0 | 0 | 131 |
| NRDE | Stock | 54405Q209 |  | 185 | 133 | SH |  | SOLE | 1 | 0 | 0 | 133 |
| SPY | ETF | 78462F103 |  | 82792 | 134 | SH |  | SOLE | 1 | 0 | 0 | 134 |
| WFC | Stock | 949746101 |  | 10736 | 134 | SH |  | SOLE | 1 | 0 | 0 | 134 |
| VBK | ETF | 922908595 |  | 41264 | 149 | SH |  | SOLE | 1 | 0 | 0 | 149 |
| AMD | Stock | 007903107 |  | 23272 | 164 | SH |  | SOLE | 1 | 0 | 0 | 164 |
| GOOGL | Stock | 02079K305 |  | 30488 | 173 | SH |  | SOLE | 1 | 0 | 0 | 173 |
| POWA | ETF | 46138J775 |  | 14978 | 173 | SH |  | SOLE | 1 | 0 | 0 | 173 |
| QQQ | ETF | 73935A104 |  | 97189 | 176 | SH |  | SOLE | 1 | 0 | 0 | 176 |
| VBR | ETF | 922908611 |  | 35882 | 184 | SH |  | SOLE | 1 | 0 | 0 | 184 |
| PG | Stock | 742718109 |  | 29793 | 187 | SH |  | SOLE | 1 | 0 | 0 | 187 |
| PARA | Stock | 92556H206 |  | 2425 | 188 | SH |  | SOLE | 1 | 0 | 0 | 188 |
| ALKT | Stock | 01644J108 |  | 6028 | 200 | SH |  | SOLE | 1 | 0 | 0 | 200 |
| JPM | Stock | 46625H100 |  | 60917 | 210 | SH |  | SOLE | 1 | 0 | 0 | 210 |
| SCHW | Stock | 808513105 |  | 19525 | 214 | SH |  | SOLE | 1 | 0 | 0 | 214 |
| MRK | Stock | 58933Y105 |  | 19790 | 250 | SH |  | SOLE | 1 | 0 | 0 | 250 |
| VOT | ETF | 922908538 |  | 76501 | 269 | SH |  | SOLE | 1 | 0 | 0 | 269 |
| V | Stock | 92826C839 |  | 99199 | 279 | SH |  | SOLE | 1 | 0 | 0 | 279 |
| WCLD | ETF | 97717Y691 |  | 10228 | 283 | SH |  | SOLE | 1 | 0 | 0 | 283 |
| GOOG | Stock | 02079K107 |  | 51798 | 292 | SH |  | SOLE | 1 | 0 | 0 | 292 |
| FDN | ETF | 33733E302 |  | 78914 | 293 | SH |  | SOLE | 1 | 0 | 0 | 293 |
| XYZ | Stock | 852234103 |  | 20379 | 300 | SH |  | SOLE | 1 | 0 | 0 | 300 |
| CRM | Stock | 79466L302 |  | 81807 | 300 | SH |  | SOLE | 1 | 0 | 0 | 300 |
| WMT | Stock | 931142103 |  | 30326 | 310 | SH |  | SOLE | 1 | 0 | 0 | 310 |
| CSCO | Stock | 17275R102 |  | 22549 | 325 | SH |  | SOLE | 1 | 0 | 0 | 325 |
| ABT | Stock | 002824100 |  | 46243 | 340 | SH |  | SOLE | 1 | 0 | 0 | 340 |
| CCL | Stock | 143658300 |  | 9983 | 355 | SH |  | SOLE | 1 | 0 | 0 | 355 |
| QTEC | ETF | 337345102 |  | 78321 | 368 | SH |  | SOLE | 1 | 0 | 0 | 368 |
| CVS | Stock | 126650100 |  | 25572 | 371 | SH |  | SOLE | 1 | 0 | 0 | 371 |
| FCRX | Stock | 26943B407 |  | 9210 | 375 | SH |  | SOLE | 1 | 0 | 0 | 375 |
| VGT | ETF | 92204A702 |  | 252710 | 381 | SH |  | SOLE | 1 | 0 | 0 | 381 |
| MSFT | Stock | 594918104 |  | 192995 | 388 | SH |  | SOLE | 1 | 0 | 0 | 388 |
| AMAT | Stock | 038222105 |  | 74143 | 405 | SH |  | SOLE | 1 | 0 | 0 | 405 |
| PNFP | Stock | 72346Q104 |  | 45158 | 409 | SH |  | SOLE | 1 | 0 | 0 | 409 |
| HPE | Stock | 42824C109 |  | 8507 | 416 | SH |  | SOLE | 1 | 0 | 0 | 416 |
| HPQ | Stock | 40434L105 |  | 10175 | 416 | SH |  | SOLE | 1 | 0 | 0 | 416 |
| MUB | ETF | 464288414 |  | 45867 | 439 | SH |  | SOLE | 1 | 0 | 0 | 439 |
| SUB | ETF | 464288158 |  | 50937 | 479 | SH |  | SOLE | 1 | 0 | 0 | 479 |
| EVBC | Stock | 30049J108 |  | 0 | 500 | SH |  | SOLE | 1 | 0 | 0 | 500 |
| YORW | Stock | 987184108 |  | 15800 | 500 | SH |  | SOLE | 1 | 0 | 0 | 500 |
| UNH | Stock | 91324P102 |  | 160325 | 514 | SH |  | SOLE | 1 | 0 | 0 | 514 |
| AVGO | Stock | Y09827109 |  | 146696 | 532 | SH |  | SOLE | 1 | 0 | 0 | 532 |
| VOE | ETF | 922908512 |  | 99005 | 602 | SH |  | SOLE | 1 | 0 | 0 | 602 |
| RY | Stock | 780087102 |  | 80903 | 615 | SH |  | SOLE | 1 | 0 | 0 | 615 |
| BOTZ | ETF | 37954Y715 |  | 21551 | 660 | SH |  | SOLE | 1 | 0 | 0 | 660 |
| MTPLF | Stock | J1357P101 |  | 7848 | 685 | SH |  | SOLE | 1 | 0 | 0 | 685 |
| HYMB | ETF | 78464A284 |  | 17024 | 687 | SH |  | SOLE | 1 | 0 | 0 | 687 |
| DELL | Stock | 24703L202 |  | 85820 | 700 | SH |  | SOLE | 1 | 0 | 0 | 700 |
| VMBS | ETF | 92206C771 |  | 35287 | 761 | SH |  | SOLE | 1 | 0 | 0 | 761 |
| AON | Stock | G0408V102 |  | 275062 | 771 | SH |  | SOLE | 1 | 0 | 0 | 771 |
| SHYG | ETF | 46434V407 |  | 34145 | 791 | SH |  | SOLE | 1 | 0 | 0 | 791 |
| VRP | ETF | 46138G870 |  | 21320 | 872 | SH |  | SOLE | 1 | 0 | 0 | 872 |
| LLY | Stock | 532457108 |  | 694561 | 891 | SH |  | SOLE | 1 | 0 | 0 | 891 |
| PZA | ETF | 46138E537 |  | 20397 | 911 | SH |  | SOLE | 1 | 0 | 0 | 911 |
| VUG | ETF | 922908736 |  | 437085 | 997 | SH |  | SOLE | 1 | 0 | 0 | 997 |
| F | Stock | 345370860 |  | 10850 | 1000 | SH |  | SOLE | 1 | 0 | 0 | 1000 |
| XYLD | ETF | 37954Y475 |  | 38940 | 1000 | SH |  | SOLE | 1 | 0 | 0 | 1000 |
| YELLQ | Stock | 985510106 |  | 600 | 1000 | SH |  | SOLE | 1 | 0 | 0 | 1000 |
| ASGN | Stock | 682159108 |  | 51528 | 1032 | SH |  | SOLE | 1 | 0 | 0 | 1032 |
| SHYD | ETF | 57061R486 |  | 33952 | 1503 | SH |  | SOLE | 1 | 0 | 0 | 1503 |
| BSJR | ETF | 46138J585 |  | 34852 | 1535 | SH |  | SOLE | 1 | 0 | 0 | 1535 |
| GPC | Stock | 372460105 |  | 188516 | 1554 | SH |  | SOLE | 1 | 0 | 0 | 1554 |
| BSJS | ETF | 46138J452 |  | 34883 | 1582 | SH |  | SOLE | 1 | 0 | 0 | 1582 |
| INTC | Stock | 458140100 |  | 35840 | 1600 | SH |  | SOLE | 1 | 0 | 0 | 1600 |
| BSJT | ETF | 46138J395 |  | 34905 | 1622 | SH |  | SOLE | 1 | 0 | 0 | 1622 |
| LOW | Stock | 548661107 |  | 367417 | 1656 | SH |  | SOLE | 1 | 0 | 0 | 1656 |
| AMZN | Stock | 023135106 |  | 391172 | 1783 | SH |  | SOLE | 1 | 0 | 0 | 1783 |
| ENB | Stock | 29250N105 |  | 85292 | 1882 | SH |  | SOLE | 1 | 0 | 0 | 1882 |
| REET | ETF | 46434V647 |  | 49796 | 2016 | SH |  | SOLE | 1 | 0 | 0 | 2016 |
| IAGG | ETF | 46435G672 |  | 111785 | 2188 | SH |  | SOLE | 1 | 0 | 0 | 2188 |
| SCHV | ETF | 808524409 |  | 62091 | 2244 | SH |  | SOLE | 1 | 0 | 0 | 2244 |
| STNC | Stock | 42588P692 |  | 69393 | 2248 | SH |  | SOLE | 1 | 0 | 0 | 2248 |
| HD | Stock | 437076102 |  | 826407 | 2254 | SH |  | SOLE | 1 | 0 | 0 | 2254 |
| SCHG | ETF | 808524300 |  | 77067 | 2638 | SH |  | SOLE | 1 | 0 | 0 | 2638 |
| APH | Stock | 032095101 |  | 277981 | 2815 | SH |  | SOLE | 1 | 0 | 0 | 2815 |
| RIG | Stock | H8817H100 |  | 7770 | 3000 | SH |  | SOLE | 1 | 0 | 0 | 3000 |
| BKLN | ETF | 46138G508 |  | 66616 | 3184 | SH |  | SOLE | 1 | 0 | 0 | 3184 |
| NVDA | Stock | 67066G104 |  | 529583 | 3352 | SH |  | SOLE | 1 | 0 | 0 | 3352 |
| AAPL | Stock | 037833100 |  | 702085 | 3422 | SH |  | SOLE | 1 | 0 | 0 | 3422 |
| CMCSA | Stock | 20030N101 |  | 122345 | 3428 | SH |  | SOLE | 1 | 0 | 0 | 3428 |
| EMHY | ETF | 464286285 |  | 152217 | 3906 | SH |  | SOLE | 1 | 0 | 0 | 3906 |
| CMBS | ETF | 46429B366 |  | 223917 | 4596 | SH |  | SOLE | 1 | 0 | 0 | 4596 |
| BTBT | Stock | G1144A105 |  | 13140 | 6000 | SH |  | SOLE | 1 | 0 | 0 | 6000 |
| BAB | ETF | 46138G805 |  | 185949 | 7009 | SH |  | SOLE | 1 | 0 | 0 | 7009 |
| DUK | Stock | 26441C204 |  | 940758 | 7973 | SH |  | SOLE | 1 | 0 | 0 | 7973 |
| T | Stock | 00206R102 |  | 236382 | 8168 | SH |  | SOLE | 1 | 0 | 0 | 8168 |
| XLE | ETF | 81369Y506 |  | 723668 | 8533 | SH |  | SOLE | 1 | 0 | 0 | 8533 |
| XLY | ETF | 81369Y407 |  | 1915397 | 8813 | SH |  | SOLE | 1 | 0 | 0 | 8813 |
| BSJQ | ETF | 46138J635 |  | 209690 | 8988 | SH |  | SOLE | 1 | 0 | 0 | 8988 |
| XLU | ETF | 81369Y886 |  | 770160 | 9431 | SH |  | SOLE | 1 | 0 | 0 | 9431 |
| ACHR | Stock | 03945R102 |  | 128952 | 11885 | SH |  | SOLE | 1 | 0 | 0 | 11885 |
| VTIP | ETF | 922020805 |  | 696602 | 13857 | SH |  | SOLE | 1 | 0 | 0 | 13857 |
| XLB | ETF | 81369Y100 |  | 1226094 | 13963 | SH |  | SOLE | 1 | 0 | 0 | 13963 |
| XLC | ETF | 81369Y852 |  | 1639349 | 15105 | SH |  | SOLE | 1 | 0 | 0 | 15105 |
| BSJP | ETF | 46138J817 |  | 384462 | 16665 | SH |  | SOLE | 1 | 0 | 0 | 16665 |
| CYDY | Stock | 23283M101 |  | 4960 | 18200 | SH |  | SOLE | 1 | 0 | 0 | 18200 |
| VCIT | ETF | 92206C870 |  | 1520404 | 18336 | SH |  | SOLE | 1 | 0 | 0 | 18336 |
| XLP | ETF | 81369Y308 |  | 1496963 | 18488 | SH |  | SOLE | 1 | 0 | 0 | 18488 |
| XLV | ETF | 81369Y209 |  | 2591010 | 19223 | SH |  | SOLE | 1 | 0 | 0 | 19223 |
| XLI | ETF | 81369Y704 |  | 2960760 | 20070 | SH |  | SOLE | 1 | 0 | 0 | 20070 |
| VSS | ETF | 922042718 |  | 3291243 | 24490 | SH |  | SOLE | 1 | 0 | 0 | 24490 |
| XLK | ETF | 81369Y803 |  | 6253451 | 24695 | SH |  | SOLE | 1 | 0 | 0 | 24695 |
| XLF | ETF | 81369Y605 |  | 1296676 | 24760 | SH |  | SOLE | 1 | 0 | 0 | 24760 |
| JPST | ETF | 46641Q837 |  | 1523985 | 30071 | SH |  | SOLE | 1 | 0 | 0 | 30071 |
| MLPX | ETF | 37954Y293 |  | 2080581 | 33204 | SH |  | SOLE | 1 | 0 | 0 | 33204 |
| ICVT | ETF | 46435G102 |  | 3734087 | 41444 | SH |  | SOLE | 1 | 0 | 0 | 41444 |
| PGHY | ETF | 46138E669 |  | 838421 | 42195 | SH |  | SOLE | 1 | 0 | 0 | 42195 |
| SCHR | ETF | 808524854 |  | 1063925 | 42506 | SH |  | SOLE | 1 | 0 | 0 | 42506 |
| GLDM | ETF | 98149E303 |  | 2807780 | 42854 | SH |  | SOLE | 1 | 0 | 0 | 42854 |
| VWOB | ETF | 921946885 |  | 2853884 | 43671 | SH |  | SOLE | 1 | 0 | 0 | 43671 |
| VCLT | ETF | 92206C813 |  | 3855195 | 50793 | SH |  | SOLE | 1 | 0 | 0 | 50793 |
| SJNK | ETF | 78468R408 |  | 1642135 | 64448 | SH |  | SOLE | 1 | 0 | 0 | 64448 |
| XLRE | ETF | 81369Y860 |  | 2823141 | 68159 | SH |  | SOLE | 1 | 0 | 0 | 68159 |
| FLRN | ETF | 78468R200 |  | 2326181 | 75452 | SH |  | SOLE | 1 | 0 | 0 | 75452 |
| SPEM | ETF | 78463X509 |  | 3233133 | 75647 | SH |  | SOLE | 1 | 0 | 0 | 75647 |
| SPTL | ETF | 78464A664 |  | 3068648 | 115450 | SH |  | SOLE | 1 | 0 | 0 | 115450 |
| FPE | ETF | 33739E108 |  | 2268936 | 127468 | SH |  | SOLE | 1 | 0 | 0 | 127468 |
| SCHP | ETF | 808524870 |  | 3444521 | 129105 | SH |  | SOLE | 1 | 0 | 0 | 129105 |
| VGSH | ETF | 92206C102 |  | 10893113 | 185320 | SH |  | SOLE | 1 | 0 | 0 | 185320 |
| SRLN | ETF | 78467V608 |  | 8092257 | 194572 | SH |  | SOLE | 1 | 0 | 0 | 194572 |
| SPMB | ETF | 78464A383 |  | 4436874 | 200764 | SH |  | SOLE | 1 | 0 | 0 | 200764 |
| SPYG | ETF | 78464A409 |  | 19196952 | 201395 | SH |  | SOLE | 1 | 0 | 0 | 201395 |
| SCHA | ETF | 808524607 |  | 6139818 | 242681 | SH |  | SOLE | 1 | 0 | 0 | 242681 |
| SPDW | ETF | 78463X889 |  | 10881019 | 268733 | SH |  | SOLE | 1 | 0 | 0 | 268733 |
| SPYV | ETF | 78464A508 |  | 17040184 | 325567 | SH |  | SOLE | 1 | 0 | 0 | 325567 |
| SPHY | ETF | 78468R606 |  | 8591224 | 360976 | SH |  | SOLE | 1 | 0 | 0 | 360976 |
| SCHM | ETF | 808524508 |  | 13242012 | 472086 | SH |  | SOLE | 1 | 0 | 0 | 472086 |
| SPSB | ETF | 78464A474 |  | 14712629 | 487335 | SH |  | SOLE | 1 | 0 | 0 | 487335 |

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