# EDGAR Filing Document

**Accession Number:** 0001765590
**File Stem:** 0001172661-25-002737
**Filing Date:** 2025-7
**Character Count:** 27340
**Document Hash:** c977d0a26603a6f15752905d8c3ab095
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001172661-25-002737.hdr.sgml**: 20250725

**ACCESSION NUMBER**: 0001172661-25-002737

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250725

**DATE AS OF CHANGE**: 20250725

**EFFECTIVENESS DATE**: 20250725

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Ellis Investment Partners, LLC
- **CENTRAL INDEX KEY:** 0001765590

**ORGANIZATION NAME:**
- **EIN:** 263966853

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-18986
- **FILM NUMBER:** 251151189

**BUSINESS ADDRESS:**
- **STREET 1:** 920 CASSATT ROAD
- **STREET 2:** 200 BERWYN PARK, SUITE 115
- **CITY:** BERWYN
- **STATE:** PA
- **ZIP:** 19312
- **BUSINESS PHONE:** 4843206300

**MAIL ADDRESS:**
- **STREET 1:** 920 CASSATT ROAD
- **STREET 2:** 200 BERWYN PARK, SUITE 115
- **CITY:** BERWYN
- **STATE:** PA
- **ZIP:** 19312

### 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:** Ellis Investment Partners LLC<br>**Address:** 920 Cassatt Road<br>200 Berwyn Park Suite 115<br>Berwyn, PA 19312

**Form 13F File Number:** 028-18986

**CRD Number (if applicable):** 000157669

**SEC File Number (if applicable):** 801-73011

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:** Nick Sun<br>**Title:** Chief Compliance Officer<br>**Phone:** 484-320-6300

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

/s/ Nick Sun  Berwyn, PA  07-25-2025<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:** 0

**Form 13F Information Table Entry Total:** 239

**Form 13F Information Table Value Total:** $514695906

      (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 LABS | COM | 002824100 |  | 580573 | 4269 | SH |  | SOLE |  | 4269 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 1436552 | 7739 | SH |  | SOLE |  | 7739 | 0 | 0 |
| AFLAC INC | COM | 001055102 |  | 387264 | 3672 | SH |  | SOLE |  | 3672 | 0 | 0 |
| AIR LEASE CORP | CL A | 00912X302 |  | 3927710 | 67152 | SH |  | SOLE |  | 67152 | 0 | 0 |
| ALASKA AIR GROUP INC | COM | 011659109 |  | 2012516 | 40673 | SH |  | SOLE |  | 40673 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 5191703 | 29460 | SH |  | SOLE |  | 29460 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 7402388 | 41729 | SH |  | SOLE |  | 41729 | 0 | 0 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 243672 | 4156 | SH |  | SOLE |  | 4156 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 3148491 | 14351 | SH |  | SOLE |  | 14351 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 554553 | 1739 | SH |  | SOLE |  | 1739 | 0 | 0 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 225785 | 1022 | SH |  | SOLE |  | 1022 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 834555 | 2989 | SH |  | SOLE |  | 2989 | 0 | 0 |
| AMPLIFY ETF TR | AMPLIFY CYBERSEC | 032108664 |  | 3552055 | 41126 | SH |  | SOLE |  | 41126 | 0 | 0 |
| AON PLC | SHS CL A | G0403H108 |  | 1421689 | 3985 | SH |  | SOLE |  | 3985 | 0 | 0 |
| APA CORPORATION | COM | 03743Q108 |  | 1614939 | 88296 | SH |  | SOLE |  | 88296 | 0 | 0 |
| APPLE HOSPITALITY REIT INC | COM NEW | 03784Y200 |  | 202714 | 17371 | SH |  | SOLE |  | 17371 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 19591719 | 95490 | SH |  | SOLE |  | 95490 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 |  | 314532 | 1718 | SH |  | SOLE |  | 1718 | 0 | 0 |
| APTIV PLC | COM SHS | G3265R107 |  | 265785 | 3896 | SH |  | SOLE |  | 3896 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 241661 | 8350 | SH |  | SOLE |  | 8350 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 1271533 | 4123 | SH |  | SOLE |  | 4123 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 332900 | 7035 | SH |  | SOLE |  | 7035 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 7941368 | 16348 | SH |  | SOLE |  | 16348 | 0 | 0 |
| BLACKROCK CORE BD TR | SHS BEN INT | 09249E101 |  | 432572 | 44503 | SH |  | SOLE |  | 44503 | 0 | 0 |
| BLACKROCK CR ALLOCATION INCO | COM | 092508100 |  | 375007 | 34341 | SH |  | SOLE |  | 34341 | 0 | 0 |
| BLACKROCK INC | COM | 09290D101 |  | 498482 | 475 | SH |  | SOLE |  | 475 | 0 | 0 |
| BLACKSTONE INC | COM | 09260D107 |  | 8246260 | 55129 | SH |  | SOLE |  | 55129 | 0 | 0 |
| BLACKSTONE MTG TR INC | COM CL A | 09257W100 |  | 3422500 | 177792 | SH |  | SOLE |  | 177792 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 651010 | 3107 | SH |  | SOLE |  | 3107 | 0 | 0 |
| BONDBLOXX ETF TRUST | BLOOMBERG SIX MN | 09789C788 |  | 462274 | 9183 | SH |  | SOLE |  | 9183 | 0 | 0 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 1972805 | 341 | SH |  | SOLE |  | 341 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 200011 | 4321 | SH |  | SOLE |  | 4321 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 733838 | 2662 | SH |  | SOLE |  | 2662 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 2451627 | 6315 | SH |  | SOLE |  | 6315 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 607934 | 4246 | SH |  | SOLE |  | 4246 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 531957 | 7667 | SH |  | SOLE |  | 7667 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 792324 | 11199 | SH |  | SOLE |  | 11199 | 0 | 0 |
| COHEN  STEERS REIT  PFD | COM | 19247X100 |  | 27316303 | 1199662 | SH |  | SOLE |  | 1199662 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 283138 | 7933 | SH |  | SOLE |  | 7933 | 0 | 0 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 |  | 425106 | 1317 | SH |  | SOLE |  | 1317 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 2430568 | 2455 | SH |  | SOLE |  | 2455 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 231249 | 3352 | SH |  | SOLE |  | 3352 | 0 | 0 |
| DBX ETF TR | XTRACK INTL REAL | 233051846 |  | 275989 | 12068 | SH |  | SOLE |  | 12068 | 0 | 0 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 1304766 | 26530 | SH |  | SOLE |  | 26530 | 0 | 0 |
| DEVON ENERGY CORP NEW | COM | 25179M103 |  | 1442510 | 45348 | SH |  | SOLE |  | 45348 | 0 | 0 |
| DIAMONDBACK ENERGY INC | COM | 25278X109 |  | 1752839 | 12757 | SH |  | SOLE |  | 12757 | 0 | 0 |
| DIGITALBRIDGE GROUP INC | CL A NEW | 25401T603 |  | 582769 | 56306 | SH |  | SOLE |  | 56306 | 0 | 0 |
| DIMENSIONAL ETF TRUST | EMGR CRE EQT MNG | 25434V302 |  | 723518 | 24992 | SH |  | SOLE |  | 24992 | 0 | 0 |
| DIREXION SHS ETF TR | DLY SMCAP BULL3X | 25459W847 |  | 424744 | 12664 | SH |  | SOLE |  | 12664 | 0 | 0 |
| DIREXION SHS ETF TR | DRX S | 25459W862 |  | 413321 | 2382 | SH |  | SOLE |  | 2382 | 0 | 0 |
| DIREXION SHS ETF TR | DLY FIN BULL NEW | 25459Y694 |  | 462642 | 2744 | SH |  | SOLE |  | 2744 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 580898 | 4684 | SH |  | SOLE |  | 4684 | 0 | 0 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 348618 | 2954 | SH |  | SOLE |  | 2954 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 |  | 353287 | 990 | SH |  | SOLE |  | 990 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 901024 | 1156 | SH |  | SOLE |  | 1156 | 0 | 0 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 279528 | 15418 | SH |  | SOLE |  | 15418 | 0 | 0 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 723036 | 23316 | SH |  | SOLE |  | 23316 | 0 | 0 |
| ETF SER SOLUTIONS | DEFIANCE QUANTUM | 26922A420 |  | 1547668 | 16856 | SH |  | SOLE |  | 16856 | 0 | 0 |
| ETF SER SOLUTIONS | US GLB JETS | 26922A842 |  | 1293641 | 56319 | SH |  | SOLE |  | 56319 | 0 | 0 |
| EXCHANGE TRADED CONCEPTS TRU | ROBO GBL HLTCR | 301505723 |  | 640199 | 22443 | SH |  | SOLE |  | 22443 | 0 | 0 |
| EXCHANGE TRADED CONCEPTS TRU | ROBO GLB ETF | 301505707 |  | 271409 | 4540 | SH |  | SOLE |  | 4540 | 0 | 0 |
| EXCHANGE TRADED CONCEPTS TRU | EMQQ THE EMERGIN | 301505889 |  | 1166547 | 27995 | SH |  | SOLE |  | 27995 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 2079072 | 19286 | SH |  | SOLE |  | 19286 | 0 | 0 |
| FAIR ISAAC CORP | COM | 303250104 |  | 636130 | 348 | SH |  | SOLE |  | 348 | 0 | 0 |
| FIDELITY COVINGTON TRUST | HIGH DIVID ETF | 316092840 |  | 251175 | 4828 | SH |  | SOLE |  | 4828 | 0 | 0 |
| FIDELITY COVINGTON TRUST | MSCI HLTH CARE I | 316092600 |  | 286559 | 4481 | SH |  | SOLE |  | 4481 | 0 | 0 |
| FIDELITY COVINGTON TRUST | MSCI UTILS INDEX | 316092865 |  | 374112 | 7112 | SH |  | SOLE |  | 7112 | 0 | 0 |
| FIDELITY COVINGTON TRUST | MSCI CONSM DIS | 316092204 |  | 1273771 | 13541 | SH |  | SOLE |  | 13541 | 0 | 0 |
| FIDELITY WISE ORIGIN BITCOIN | SHS | 315948109 |  | 379719 | 4040 | SH |  | SOLE |  | 4040 | 0 | 0 |
| FIRST TR EXCHANGE TRADED FD | NASDAQ CYB ETF | 33734X846 |  | 1211581 | 16030 | SH |  | SOLE |  | 16030 | 0 | 0 |
| FISERV INC | COM | 337738108 |  | 777055 | 4507 | SH |  | SOLE |  | 4507 | 0 | 0 |
| FS CREDIT OPPORTUNITIES CORP | COMMON STOCK | 30290Y101 |  | 6025140 | 829909 | SH |  | SOLE |  | 829909 | 0 | 0 |
| FS KKR CAP CORP | COM | 302635206 |  | 5772065 | 278172 | SH |  | SOLE |  | 278172 | 0 | 0 |
| GALLAGHER ARTHUR J  CO | COM | 363576109 |  | 1367344 | 4271 | SH |  | SOLE |  | 4271 | 0 | 0 |
| GE AEROSPACE | COM NEW | 369604301 |  | 215372 | 837 | SH |  | SOLE |  | 837 | 0 | 0 |
| GEN DIGITAL INC | COM | 668771108 |  | 1182642 | 40226 | SH |  | SOLE |  | 40226 | 0 | 0 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 1551543 | 5320 | SH |  | SOLE |  | 5320 | 0 | 0 |
| GLOBAL X FDS | US INFR DEV ETF | 37954Y673 |  | 957549 | 21972 | SH |  | SOLE |  | 21972 | 0 | 0 |
| GLOBAL X FDS | RBTCS ARTFL INTE | 37954Y715 |  | 813602 | 24919 | SH |  | SOLE |  | 24919 | 0 | 0 |
| GOLDMAN SACHS ETF TR | S 500 PREMIUM | 38149W622 |  | 2126568 | 42685 | SH |  | SOLE |  | 42685 | 0 | 0 |
| GOLDMAN SACHS ETF TR | NASDAQ-100 PREMI | 38149W630 |  | 797886 | 16019 | SH |  | SOLE |  | 16019 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 943780 | 2574 | SH |  | SOLE |  | 2574 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 553454 | 2377 | SH |  | SOLE |  | 2377 | 0 | 0 |
| ILLINOIS TOOL WKS INC | COM | 452308109 |  | 676746 | 2737 | SH |  | SOLE |  | 2737 | 0 | 0 |
| INCYTE CORP | COM | 45337C102 |  | 1390534 | 20419 | SH |  | SOLE |  | 20419 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 501160 | 1700 | SH |  | SOLE |  | 1700 | 0 | 0 |
| INTUIT | COM | 461202103 |  | 2626357 | 3335 | SH |  | SOLE |  | 3335 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | S LOW VOL | 46138E354 |  | 3729835 | 51220 | SH |  | SOLE |  | 51220 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | NASDAQNXTGEN100 | 46138G631 |  | 279947 | 8754 | SH |  | SOLE |  | 8754 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 215800 | 1187 | SH |  | SOLE |  | 1187 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | AEROSPACE DEFN | 46137V100 |  | 2274481 | 16053 | SH |  | SOLE |  | 16053 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 24063910 | 43622 | SH |  | SOLE |  | 43622 | 0 | 0 |
| INVESTMENT MANAGERS SER TR I | ASTORIA REAL | 46141T117 |  | 545627 | 33382 | SH |  | SOLE |  | 33382 | 0 | 0 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 |  | 1034110 | 16583 | SH |  | SOLE |  | 16583 | 0 | 0 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 |  | 446470 | 7437 | SH |  | SOLE |  | 7437 | 0 | 0 |
| ISHARES TR | 0-5 YR TIPS ETF | 46429B747 |  | 431869 | 4197 | SH |  | SOLE |  | 4197 | 0 | 0 |
| ISHARES TR | CORE DIV GRWTH | 46434V621 |  | 1410938 | 22067 | SH |  | SOLE |  | 22067 | 0 | 0 |
| ISHARES TR | CORE HIGH DV ETF | 46429B663 |  | 2277398 | 19437 | SH |  | SOLE |  | 19437 | 0 | 0 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 |  | 3562897 | 42680 | SH |  | SOLE |  | 42680 | 0 | 0 |
| ISHARES TR | CORE MSCI TOTAL | 46432F834 |  | 4167569 | 53907 | SH |  | SOLE |  | 53907 | 0 | 0 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 9875604 | 159233 | SH |  | SOLE |  | 159233 | 0 | 0 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 8645251 | 79104 | SH |  | SOLE |  | 79104 | 0 | 0 |
| ISHARES TR | CORE S US VLU | 464287663 |  | 414556 | 4381 | SH |  | SOLE |  | 4381 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 |  | 4764726 | 7674 | SH |  | SOLE |  | 7674 | 0 | 0 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 1101652 | 11105 | SH |  | SOLE |  | 11105 | 0 | 0 |
| ISHARES TR | CRE U S REIT ETF | 464288521 |  | 710405 | 12560 | SH |  | SOLE |  | 12560 | 0 | 0 |
| ISHARES TR | CYBERSECURITY | 46435U135 |  | 795154 | 14944 | SH |  | SOLE |  | 14944 | 0 | 0 |
| ISHARES TR | DOW JONES US ETF | 464287846 |  | 2114679 | 14016 | SH |  | SOLE |  | 14016 | 0 | 0 |
| ISHARES TR | EAFE SML CP ETF | 464288273 |  | 220103 | 3028 | SH |  | SOLE |  | 3028 | 0 | 0 |
| ISHARES TR | EXPANDED TECH | 464287515 |  | 214073 | 1955 | SH |  | SOLE |  | 1955 | 0 | 0 |
| ISHARES TR | GLB CNSM STP ETF | 464288737 |  | 257988 | 3946 | SH |  | SOLE |  | 3946 | 0 | 0 |
| ISHARES TR | GLOBAL TECH ETF | 464287291 |  | 973713 | 10545 | SH |  | SOLE |  | 10545 | 0 | 0 |
| ISHARES TR | INTL SEL DIV ETF | 464288448 |  | 1394595 | 40411 | SH |  | SOLE |  | 40411 | 0 | 0 |
| ISHARES TR | ISHARES BIOTECH | 464287556 |  | 444889 | 3517 | SH |  | SOLE |  | 3517 | 0 | 0 |
| ISHARES TR | ISHARES SEMICDTR | 464287523 |  | 738787 | 3095 | SH |  | SOLE |  | 3095 | 0 | 0 |
| ISHARES TR | MICRO-CAP ETF | 464288869 |  | 733770 | 5748 | SH |  | SOLE |  | 5748 | 0 | 0 |
| ISHARES TR | MORNINGSTAR VALU | 464288109 |  | 1263638 | 15153 | SH |  | SOLE |  | 15153 | 0 | 0 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 4855136 | 54314 | SH |  | SOLE |  | 54314 | 0 | 0 |
| ISHARES TR | MSCI EAFE MIN VL | 46429B689 |  | 483649 | 5754 | SH |  | SOLE |  | 5754 | 0 | 0 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 220087 | 4562 | SH |  | SOLE |  | 4562 | 0 | 0 |
| ISHARES TR | MSCI USA MIN VOL | 46429B697 |  | 1918012 | 20433 | SH |  | SOLE |  | 20433 | 0 | 0 |
| ISHARES TR | MSCI USA QLT FCT | 46432F339 |  | 2024609 | 11074 | SH |  | SOLE |  | 11074 | 0 | 0 |
| ISHARES TR | NATIONAL MUN ETF | 464288414 |  | 509832 | 4880 | SH |  | SOLE |  | 4880 | 0 | 0 |
| ISHARES TR | RUS 1000 ETF | 464287622 |  | 3216658 | 9473 | SH |  | SOLE |  | 9473 | 0 | 0 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 5542250 | 13053 | SH |  | SOLE |  | 13053 | 0 | 0 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 |  | 481287 | 2478 | SH |  | SOLE |  | 2478 | 0 | 0 |
| ISHARES TR | RUS 2000 VAL ETF | 464287630 |  | 243304 | 1542 | SH |  | SOLE |  | 1542 | 0 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 575875 | 2669 | SH |  | SOLE |  | 2669 | 0 | 0 |
| ISHARES TR | RUSSELL 3000 ETF | 464287689 |  | 625938 | 1783 | SH |  | SOLE |  | 1783 | 0 | 0 |
| ISHARES TR | S 500 GRWT ETF | 464287309 |  | 8087735 | 73458 | SH |  | SOLE |  | 73458 | 0 | 0 |
| ISHARES TR | S 500 VAL ETF | 464287408 |  | 2641818 | 13519 | SH |  | SOLE |  | 13519 | 0 | 0 |
| ISHARES TR | S MC 400GR ETF | 464287606 |  | 1327623 | 14592 | SH |  | SOLE |  | 14592 | 0 | 0 |
| ISHARES TR | S MC 400VL ETF | 464287705 |  | 11324339 | 91636 | SH |  | SOLE |  | 91636 | 0 | 0 |
| ISHARES TR | S SML 600 GWT | 464287887 |  | 676380 | 5084 | SH |  | SOLE |  | 5084 | 0 | 0 |
| ISHARES TR | SELECT DIVID ETF | 464287168 |  | 26337045 | 198306 | SH |  | SOLE |  | 198306 | 0 | 0 |
| ISHARES TR | SELECT US REIT | 464287564 |  | 287467 | 4700 | SH |  | SOLE |  | 4700 | 0 | 0 |
| ISHARES TR | SP SMCP600VL ETF | 464287879 |  | 14654301 | 147294 | SH |  | SOLE |  | 147294 | 0 | 0 |
| ISHARES TR | TIPS BD ETF | 464287176 |  | 1767162 | 16059 | SH |  | SOLE |  | 16059 | 0 | 0 |
| ISHARES TR | U.S. REAL ES ETF | 464287739 |  | 454264 | 4793 | SH |  | SOLE |  | 4793 | 0 | 0 |
| ISHARES TR | US AER DEF ETF | 464288760 |  | 806578 | 4276 | SH |  | SOLE |  | 4276 | 0 | 0 |
| ISHARES TR | US REGNL BKS ETF | 464288778 |  | 310372 | 6264 | SH |  | SOLE |  | 6264 | 0 | 0 |
| ISHARES TR | US TRSPRTION | 464287192 |  | 219226 | 3199 | SH |  | SOLE |  | 3199 | 0 | 0 |
| J P MORGAN EXCHANGE TRADED F | CORE PLUS BD ETF | 46641Q670 |  | 663224 | 14093 | SH |  | SOLE |  | 14093 | 0 | 0 |
| J P MORGAN EXCHANGE TRADED F | NASDAQ EQT PREM | 46654Q203 |  | 14645931 | 269227 | SH |  | SOLE |  | 269227 | 0 | 0 |
| J P MORGAN EXCHANGE TRADED F | EQUITY PREMIUM | 46641Q332 |  | 9860902 | 173455 | SH |  | SOLE |  | 173455 | 0 | 0 |
| JAZZ PHARMACEUTICALS PLC | SHS USD | G50871105 |  | 641495 | 6045 | SH |  | SOLE |  | 6045 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 1307355 | 8559 | SH |  | SOLE |  | 8559 | 0 | 0 |
| KRANESHARES TRUST | CSI CHI INTERNET | 500767306 |  | 756550 | 22038 | SH |  | SOLE |  | 22038 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 301758 | 652 | SH |  | SOLE |  | 652 | 0 | 0 |
| LOWES COS INC | COM | 548661107 |  | 214971 | 969 | SH |  | SOLE |  | 969 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 223510 | 765 | SH |  | SOLE |  | 765 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 2250606 | 28431 | SH |  | SOLE |  | 28431 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 1303184 | 1766 | SH |  | SOLE |  | 1766 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 436621 | 3543 | SH |  | SOLE |  | 3543 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 4216196 | 8476 | SH |  | SOLE |  | 8476 | 0 | 0 |
| NEBIUS GROUP N.V. | SHS CLASS A | N97284108 |  | 863037 | 15598 | SH |  | SOLE |  | 15598 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 270477 | 202 | SH |  | SOLE |  | 202 | 0 | 0 |
| NMI HLDGS INC | COM | 629209305 |  | 3714281 | 88037 | SH |  | SOLE |  | 88037 | 0 | 0 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 324162 | 1266 | SH |  | SOLE |  | 1266 | 0 | 0 |
| NORWEGIAN CRUISE LINE HLDG L | SHS | G66721104 |  | 481224 | 23729 | SH |  | SOLE |  | 23729 | 0 | 0 |
| NOVO-NORDISK A S | ADR | 670100205 |  | 201781 | 2924 | SH |  | SOLE |  | 2924 | 0 | 0 |
| NUVEEN PFD  INCOME OPPORTUN | COM | 67073B106 |  | 80678 | 10060 | SH |  | SOLE |  | 10060 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 1444950 | 9146 | SH |  | SOLE |  | 9146 | 0 | 0 |
| PACER FDS TR | US CASH COWS 100 | 69374H881 |  | 2263591 | 41082 | SH |  | SOLE |  | 41082 | 0 | 0 |
| PACER FDS TR | US SMALL CAP CAS | 69374H857 |  | 2349270 | 59005 | SH |  | SOLE |  | 59005 | 0 | 0 |
| PACER FDS TR | US LRG CP CASH | 69374H360 |  | 863536 | 24595 | SH |  | SOLE |  | 24595 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 249466 | 1830 | SH |  | SOLE |  | 1830 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 818895 | 6202 | SH |  | SOLE |  | 6202 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 1110759 | 6099 | SH |  | SOLE |  | 6099 | 0 | 0 |
| PIMCO CORPORATE  INCM STRG | COM | 72200U100 |  | 141575 | 11156 | SH |  | SOLE |  | 11156 | 0 | 0 |
| PIMCO MUN INCOME FD II | COM | 72200W106 |  | 2775102 | 372497 | SH |  | SOLE |  | 372497 | 0 | 0 |
| PIMCO MUN INCOME FD III | COM | 72201A103 |  | 102811 | 14987 | SH |  | SOLE |  | 14987 | 0 | 0 |
| PNC FINL SVCS GROUP INC | COM | 693475105 |  | 202181 | 1085 | SH |  | SOLE |  | 1085 | 0 | 0 |
| POOL CORP | COM | 73278L105 |  | 234641 | 805 | SH |  | SOLE |  | 805 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 1346059 | 8449 | SH |  | SOLE |  | 8449 | 0 | 0 |
| PROSHARES TR | ULTRPRO S | 74347X864 |  | 933182 | 10205 | SH |  | SOLE |  | 10205 | 0 | 0 |
| PROSHARES TR | PET CARE ETF | 74348A145 |  | 230210 | 3974 | SH |  | SOLE |  | 3974 | 0 | 0 |
| PROSHARES TR | S 500 DV ARIST | 74348A467 |  | 2945047 | 29246 | SH |  | SOLE |  | 29246 | 0 | 0 |
| PULTE GROUP INC | COM | 745867101 |  | 2774660 | 26310 | SH |  | SOLE |  | 26310 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 2828165 | 17758 | SH |  | SOLE |  | 17758 | 0 | 0 |
| REALTY INCOME CORP | COM | 756109104 |  | 413781 | 7182 | SH |  | SOLE |  | 7182 | 0 | 0 |
| ROLLINS INC | COM | 775711104 |  | 285598 | 5062 | SH |  | SOLE |  | 5062 | 0 | 0 |
| ROYAL CARIBBEAN GROUP | COM | V7780T103 |  | 450530 | 1439 | SH |  | SOLE |  | 1439 | 0 | 0 |
| RPM INTL INC | COM | 749685103 |  | 971943 | 8849 | SH |  | SOLE |  | 8849 | 0 | 0 |
| RTX CORPORATION | COM | 75513E101 |  | 1924801 | 13182 | SH |  | SOLE |  | 13182 | 0 | 0 |
| SAP SE | SPON ADR | 803054204 |  | 203227 | 668 | SH |  | SOLE |  | 668 | 0 | 0 |
| SCHLUMBERGER LTD | COM STK | 806857108 |  | 359475 | 10635 | SH |  | SOLE |  | 10635 | 0 | 0 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 |  | 900728 | 33990 | SH |  | SOLE |  | 33990 | 0 | 0 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 |  | 2833066 | 33405 | SH |  | SOLE |  | 33405 | 0 | 0 |
| SELECT SECTOR SPDR TR | FINANCIAL | 81369Y605 |  | 4266262 | 81464 | SH |  | SOLE |  | 81464 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI CONS STPLS | 81369Y308 |  | 4215002 | 52056 | SH |  | SOLE |  | 52056 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI HEALTHCARE | 81369Y209 |  | 1598488 | 11859 | SH |  | SOLE |  | 11859 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI INT-UTILS | 81369Y886 |  | 3649490 | 44691 | SH |  | SOLE |  | 44691 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI MATERIALS | 81369Y100 |  | 403453 | 4595 | SH |  | SOLE |  | 4595 | 0 | 0 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 |  | 796417 | 3145 | SH |  | SOLE |  | 3145 | 0 | 0 |
| SOUTHERN CO | COM | 842587107 |  | 343048 | 3736 | SH |  | SOLE |  | 3736 | 0 | 0 |
| SPDR DOW JONES INDL AVERAGE | UT SER 1 | 78467X109 |  | 301192 | 684 | SH |  | SOLE |  | 684 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 267946 | 879 | SH |  | SOLE |  | 879 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 19077886 | 30878 | SH |  | SOLE |  | 30878 | 0 | 0 |
| SPDR S MIDCAP 400 ETF TR | UTSER1 S | 78467Y107 |  | 333884 | 589 | SH |  | SOLE |  | 589 | 0 | 0 |
| SPDR SERIES TRUST | PORTFLI TIPS ETF | 78464A656 |  | 212830 | 8167 | SH |  | SOLE |  | 8167 | 0 | 0 |
| SPDR SERIES TRUST | S DIVID ETF | 78464A763 |  | 572394 | 4217 | SH |  | SOLE |  | 4217 | 0 | 0 |
| SPDR SERIES TRUST | S HOMEBUILD | 78464A888 |  | 3274331 | 33218 | SH |  | SOLE |  | 33218 | 0 | 0 |
| SPDR SERIES TRUST | S INS ETF | 78464A789 |  | 1630500 | 27293 | SH |  | SOLE |  | 27293 | 0 | 0 |
| SPDR SERIES TRUST | S RETAIL ETF | 78464A714 |  | 1668640 | 21654 | SH |  | SOLE |  | 21654 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 |  | 733159 | 1853 | SH |  | SOLE |  | 1853 | 0 | 0 |
| SYSCO CORP | COM | 871829107 |  | 213563 | 2820 | SH |  | SOLE |  | 2820 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 327190 | 1030 | SH |  | SOLE |  | 1030 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 |  | 1240126 | 10042 | SH |  | SOLE |  | 10042 | 0 | 0 |
| TOLL BROTHERS INC | COM | 889478103 |  | 438523 | 3842 | SH |  | SOLE |  | 3842 | 0 | 0 |
| TYLER TECHNOLOGIES INC | COM | 902252105 |  | 221129 | 373 | SH |  | SOLE |  | 373 | 0 | 0 |
| UGI CORP NEW | COM | 902681105 |  | 239557 | 6578 | SH |  | SOLE |  | 6578 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 3288788 | 14294 | SH |  | SOLE |  | 14294 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 270160 | 2676 | SH |  | SOLE |  | 2676 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 1109109 | 3555 | SH |  | SOLE |  | 3555 | 0 | 0 |
| VANECK ETF TRUST | SEMICONDUCTR ETF | 92189F676 |  | 440423 | 1579 | SH |  | SOLE |  | 1579 | 0 | 0 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 |  | 306558 | 4163 | SH |  | SOLE |  | 4163 | 0 | 0 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 28859153 | 65828 | SH |  | SOLE |  | 65828 | 0 | 0 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 1061616 | 11920 | SH |  | SOLE |  | 11920 | 0 | 0 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 1873144 | 3298 | SH |  | SOLE |  | 3298 | 0 | 0 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 446571 | 1469 | SH |  | SOLE |  | 1469 | 0 | 0 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 14450775 | 81763 | SH |  | SOLE |  | 81763 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 |  | 482760 | 7182 | SH |  | SOLE |  | 7182 | 0 | 0 |
| VANGUARD MUN BD FDS | TAX EXEMPT BD | 922907746 |  | 421067 | 8588 | SH |  | SOLE |  | 8588 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 92206C409 |  | 1429676 | 17983 | SH |  | SOLE |  | 17983 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | MTG-BKD SECS ETF | 92206C771 |  | 345144 | 7448 | SH |  | SOLE |  | 7448 | 0 | 0 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 672179 | 3284 | SH |  | SOLE |  | 3284 | 0 | 0 |
| VANGUARD STAR FDS | VG TL INTL STK F | 921909768 |  | 881173 | 12754 | SH |  | SOLE |  | 12754 | 0 | 0 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 214324 | 3759 | SH |  | SOLE |  | 3759 | 0 | 0 |
| VANGUARD WORLD FD | HEALTH CAR ETF | 92204A504 |  | 256070 | 1031 | SH |  | SOLE |  | 1031 | 0 | 0 |
| VANGUARD WORLD FD | INF TECH ETF | 92204A702 |  | 417019 | 629 | SH |  | SOLE |  | 629 | 0 | 0 |
| VANGUARD WORLD FD | UTILITIES ETF | 92204A876 |  | 204557 | 1159 | SH |  | SOLE |  | 1159 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 303438 | 7013 | SH |  | SOLE |  | 7013 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 450286 | 1268 | SH |  | SOLE |  | 1268 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 368649 | 3770 | SH |  | SOLE |  | 3770 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 332716 | 4153 | SH |  | SOLE |  | 4153 | 0 | 0 |
| WEST PHARMACEUTICAL SVSC INC | COM | 955306105 |  | 308727 | 1411 | SH |  | SOLE |  | 1411 | 0 | 0 |
| WILLIAMS COS INC | COM | 969457100 |  | 323282 | 5147 | SH |  | SOLE |  | 5147 | 0 | 0 |
| WISDOMTREE TR | EM EX ST-OWNED | 97717X578 |  | 721468 | 20924 | SH |  | SOLE |  | 20924 | 0 | 0 |

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