# EDGAR Filing Document

**Accession Number:** 0000860828
**File Stem:** 0000860828-25-000005
**Filing Date:** 2025-7
**Character Count:** 37530
**Document Hash:** b839396951207d9a143dca6f92ecd1d4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000860828-25-000005.hdr.sgml**: 20250722

**ACCESSION NUMBER**: 0000860828-25-000005

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250722

**DATE AS OF CHANGE**: 20250722

**EFFECTIVENESS DATE**: 20250722

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CAPITAL ADVISORS INC/OK
- **CENTRAL INDEX KEY:** 0000860828

**ORGANIZATION NAME:**
- **EIN:** 731044294
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-04953
- **FILM NUMBER:** 251139308

**BUSINESS ADDRESS:**
- **STREET 1:** 2222 SOUTH UTICA PLACE
- **STREET 2:** STE 300
- **CITY:** TULSA
- **STATE:** OK
- **ZIP:** 74114
- **BUSINESS PHONE:** 918-599-0045

**MAIL ADDRESS:**
- **STREET 1:** 2222 SOUTH UTICA PLACE
- **STREET 2:** STE 300
- **CITY:** TULSA
- **STATE:** OK
- **ZIP:** 74114

### 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:** CAPITAL ADVISORS INC/OK<br>**Address:** 2222 SOUTH UTICA PLACE<br>STE 300<br>TULSA, OK 74114

**Form 13F File Number:** 028-04953

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:** Jamie Wilson<br>**Title:** Chief Operating Officer  Chief Compliance Officer<br>**Phone:** 9185990045

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

Jamie Wilson  Tulsa, OK  07-22-2025<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:** 339

**Form 13F Information Table Value Total:** $5571619820

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| 3M CO | COM | 88579Y101 |  | 1139411 | 7484 | SH |  | SOLE | 0 | 6 | 0 | 7478 |
| AAON INC | COM PAR $0.004 | 000360206 |  | 2698586 | 36591 | SH |  | SOLE | 0 | 0 | 0 | 36591 |
| ABBOTT LABS | COM | 002824100 |  | 4450535 | 32722 | SH |  | SOLE | 0 | 13 | 0 | 32709 |
| ABBVIE INC | COM | 00287Y109 |  | 64428651 | 347100 | SH |  | SOLE | 0 | 1420 | 0 | 345680 |
| ABRDN PLATINUM ETF TRUST | PHYSCL PLATM SHS | 003260106 |  | 302875 | 2465 | SH |  | SOLE | 0 | 0 | 0 | 2465 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 72830646 | 243670 | SH |  | SOLE | 0 | 302 | 0 | 243368 |
| ADOBE INC | COM | 00724F101 |  | 265547 | 686 | SH |  | SOLE | 0 | 1 | 0 | 685 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 965469 | 6804 | SH |  | SOLE | 0 | 7 | 0 | 6797 |
| AFLAC INC | COM | 001055102 |  | 273624 | 2595 | SH |  | SOLE | 0 | 11 | 0 | 2583 |
| AGEAGLE AERIAL SYS INC NEW | COM SHS | 00848K309 |  | 20600 | 20000 | SH |  | SOLE | 0 | 0 | 0 | 20000 |
| AGNC INVT CORP | COM | 00123Q104 |  | 235576 | 25634 | SH |  | SOLE | 0 | 0 | 0 | 25634 |
| AIRBNB INC | COM CL A | 009066101 |  | 25547789 | 193047 | SH |  | SOLE | 0 | 246 | 0 | 192801 |
| ALLIANCE RESOURCE PARTNERS L | UT LTD PART | 01877R108 |  | 2588487 | 99024 | SH |  | SOLE | 0 | 0 | 0 | 99024 |
| ALLSTATE CORP | COM | 020002101 |  | 354538 | 1761 | SH |  | SOLE | 0 | 386 | 0 | 1375 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 98104351 | 553043 | SH |  | SOLE | 0 | 1339 | 0 | 551704 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 5296479 | 30054 | SH |  | SOLE | 0 | 170 | 0 | 29885 |
| ALPS ETF TR | ALERIAN MLP | 00162Q452 |  | 310896 | 6363 | SH |  | SOLE | 0 | 162 | 0 | 6201 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 1067539 | 18208 | SH |  | SOLE | 0 | 40 | 0 | 18168 |
| AMAZON COM INC | COM | 023135106 |  | 161761495 | 737324 | SH |  | SOLE | 0 | 2182 | 0 | 735142 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 |  | 1059623 | 10212 | SH |  | SOLE | 0 | 9 | 0 | 10203 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 675038 | 2116 | SH |  | SOLE | 0 | 6 | 0 | 2110 |
| AMGEN INC | COM | 031162100 |  | 594862 | 2131 | SH |  | SOLE | 0 | 4 | 0 | 2127 |
| ANTERO MIDSTREAM CORP | COM | 03676B102 |  | 265300 | 14000 | SH |  | SOLE | 0 | 0 | 0 | 14000 |
| ANTERO RESOURCES CORP | COM | 03674X106 |  | 202246 | 5021 | SH |  | SOLE | 0 | 0 | 0 | 5021 |
| APOLLO GLOBAL MGMT INC | COM | 03769M106 |  | 618695 | 4361 | SH |  | SOLE | 0 | 0 | 0 | 4361 |
| APPLE INC | COM | 037833100 |  | 148341625 | 723018 | SH |  | SOLE | 0 | 1899 | 0 | 721119 |
| APPLIED MATLS INC | COM | 038222105 |  | 258909 | 17900 | SH |  | SOLE | 0 | 0 | 0 | 17900 |
| APPLIED MATLS INC | COM | 038222105 |  | 70655802 | 385950 | SH |  | SOLE | 0 | 466 | 0 | 385484 |
| APPLOVIN CORP | COM CL A | 03831W108 |  | 797822 | 2279 | SH |  | SOLE | 0 | 1 | 0 | 2278 |
| ARCBEST CORP | COM | 03937C105 |  | 325778 | 4230 | SH |  | SOLE | 0 | 0 | 0 | 4230 |
| ARCH CAP GROUP LTD | ORD | G0450A105 |  | 303462 | 3333 | SH |  | SOLE | 0 | 7 | 0 | 3326 |
| ARES CAPITAL CORP | COM | 04010L103 |  | 33901245 | 1543773 | SH |  | SOLE | 0 | 9037 | 0 | 1534735 |
| ARISTA NETWORKS INC | COM SHS | 040413205 |  | 268471 | 2624 | SH |  | SOLE | 0 | 6 | 0 | 2618 |
| ASML HOLDING N V | N Y REGISTRY SHS | N07059210 |  | 272473 | 340 | SH |  | SOLE | 0 | 0 | 0 | 340 |
| AST SPACEMOBILE INC | COM CL A | 00217D100 |  | 307951 | 6590 | SH |  | SOLE | 0 | 100 | 0 | 6490 |
| AT INC | COM | 00206R102 |  | 721428 | 24928 | SH |  | SOLE | 0 | 53 | 0 | 24875 |
| ATAI LIFE SCIENCES NV | SHS | N0731H103 |  | 109500 | 50000 | SH |  | SOLE | 0 | 0 | 0 | 50000 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 1644416 | 5332 | SH |  | SOLE | 0 | 4 | 0 | 5328 |
| BAIDU INC | SPON ADR REP A | 056752108 |  | 121133 | 10000 | SH |  | SOLE | 0 | 0 | 0 | 10000 |
| BAIDU INC | SPON ADR REP A | 056752108 |  | 8350 | 10000 | SH |  | SOLE | 0 | 0 | 0 | 10000 |
| BAKER HUGHES COMPANY | CL A | 05722G100 |  | 341929 | 8918 | SH |  | SOLE | 0 | 0 | 0 | 8918 |
| BANCFIRST CORP | COM | 05945F103 |  | 388909 | 3146 | SH |  | SOLE | 0 | 0 | 0 | 3146 |
| BANK AMERICA CORP | COM | 060505104 |  | 2172803 | 45917 | SH |  | SOLE | 0 | 2232 | 0 | 43685 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 |  | 5830400 | 8 | SH |  | SOLE | 0 | 0 | 0 | 8 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 72323771 | 148885 | SH |  | SOLE | 0 | 237 | 0 | 148648 |
| BITWISE BITCOIN ETF TR | SHS BEN INT | 09174C104 |  | 215904 | 3685 | SH |  | SOLE | 0 | 0 | 0 | 3685 |
| BITWISE ETHEREUM ETF | SHS | 091955104 |  | 187373 | 10375 | SH |  | SOLE | 0 | 0 | 0 | 10375 |
| BLACKROCK INC | COM | 09290D101 |  | 715981 | 682 | SH |  | SOLE | 0 | 1 | 0 | 681 |
| BLACKSTONE INC | COM | 09260D107 |  | 34026335 | 227479 | SH |  | SOLE | 0 | 1018 | 0 | 226461 |
| BOEING CO | COM | 097023105 |  | 46589851 | 222354 | SH |  | SOLE | 0 | 278 | 0 | 222076 |
| BOK FINL CORP | COM NEW | 05561Q201 |  | 239975 | 2458 | SH |  | SOLE | 0 | 1000 | 0 | 1458 |
| BP PLC | SPONSORED ADR | 055622104 |  | 625383 | 20895 | SH |  | SOLE | 0 | 0 | 0 | 20895 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 583152 | 12598 | SH |  | SOLE | 0 | 26 | 0 | 12572 |
| BROADCOM INC | COM | 11135F101 |  | 48657773 | 176520 | SH |  | SOLE | 0 | 872 | 0 | 175648 |
| BROOKFIELD CORP | CL A LTD VT SH | 11271J107 |  | 50206593 | 811748 | SH |  | SOLE | 0 | 935 | 0 | 810812 |
| CAMECO CORP | COM | 13321L108 |  | 56323276 | 758767 | SH |  | SOLE | 0 | 848 | 0 | 757919 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 305171 | 1434 | SH |  | SOLE | 0 | 281 | 0 | 1154 |
| CARDINAL HEALTH INC | COM | 14149Y108 |  | 257324 | 1532 | SH |  | SOLE | 0 | 0 | 0 | 1532 |
| CATERPILLAR INC | COM | 149123101 |  | 1245678 | 3209 | SH |  | SOLE | 0 | 4 | 0 | 3204 |
| CHECK POINT SOFTWARE TECH LT | ORD | M22465104 |  | 301121 | 1361 | SH |  | SOLE | 0 | 0 | 0 | 1361 |
| CHEVRON CORP NEW | COM | 166764100 |  | 83146808 | 580675 | SH |  | SOLE | 0 | 4458 | 0 | 576216 |
| CHIPOTLE MEXICAN GRILL INC | COM | 169656105 |  | 398052 | 7089 | SH |  | SOLE | 0 | 12 | 0 | 7077 |
| CISCO SYS INC | COM | 17275R102 |  | 53764539 | 774928 | SH |  | SOLE | 0 | 2960 | 0 | 771968 |
| CITIGROUP INC | COM NEW | 172967424 |  | 351445 | 4129 | SH |  | SOLE | 0 | 27 | 0 | 4102 |
| COCA COLA CO | COM | 191216100 |  | 50709421 | 716741 | SH |  | SOLE | 0 | 5644 | 0 | 711097 |
| COINBASE GLOBAL INC | COM CL A | 19260Q107 |  | 316741 | 904 | SH |  | SOLE | 0 | 2 | 0 | 902 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 863125 | 9495 | SH |  | SOLE | 0 | 8 | 0 | 9487 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 423334 | 11861 | SH |  | SOLE | 0 | 16 | 0 | 11845 |
| COMMERCE BANCSHARES INC | COM | 200525103 |  | 274729 | 4419 | SH |  | SOLE | 0 | 0 | 0 | 4419 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 2834725 | 31588 | SH |  | SOLE | 0 | 2957 | 0 | 28631 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 |  | 63466488 | 196637 | SH |  | SOLE | 0 | 231 | 0 | 196406 |
| CORNING INC | COM | 219350105 |  | 39793155 | 756668 | SH |  | SOLE | 0 | 2915 | 0 | 753753 |
| CORTEVA INC | COM | 22052L104 |  | 263470 | 3535 | SH |  | SOLE | 0 | 796 | 0 | 2739 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 4028821 | 4070 | SH |  | SOLE | 0 | 17 | 0 | 4053 |
| COTERRA ENERGY INC | COM | 127097103 |  | 240023 | 9457 | SH |  | SOLE | 0 | 25 | 0 | 9432 |
| CRISPR THERAPEUTICS AG | NAMEN AKT | H17182108 |  | 340105 | 6992 | SH |  | SOLE | 0 | 8 | 0 | 6985 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 1024205 | 2011 | SH |  | SOLE | 0 | 3 | 0 | 2008 |
| CSX CORP | COM | 126408103 |  | 446539 | 13685 | SH |  | SOLE | 0 | 28 | 0 | 13657 |
| CVS HEALTH CORP | COM | 126650100 |  | 1034928 | 15003 | SH |  | SOLE | 0 | 9 | 0 | 14994 |
| DANAHER CORPORATION | COM | 235851102 |  | 34435485 | 174322 | SH |  | SOLE | 0 | 200 | 0 | 174122 |
| DEFI TECHNOLOGIES INC | COM | 244916102 |  | 87900 | 30000 | SH |  | SOLE | 0 | 0 | 0 | 30000 |
| DEVON ENERGY CORP NEW | COM | 25179M103 |  | 827066 | 26000 | SH |  | SOLE | 0 | 12802 | 0 | 13198 |
| DIAMONDBACK ENERGY INC | COM | 25278X109 |  | 237015 | 1725 | SH |  | SOLE | 0 | 0 | 0 | 1725 |
| DILLARDS INC | CL A | 254067101 |  | 484683 | 1160 | SH |  | SOLE | 0 | 0 | 0 | 1160 |
| DIMENSIONAL ETF TRUST | US CORE EQUITY 2 | 25434V708 |  | 641859 | 17909 | SH |  | SOLE | 0 | 0 | 0 | 17909 |
| DIMENSIONAL ETF TRUST | US LARGE CAP VAL | 25434V666 |  | 243321 | 7844 | SH |  | SOLE | 0 | 0 | 0 | 7844 |
| DIMENSIONAL ETF TRUST | US MKTWIDE VALUE | 25434V724 |  | 533919 | 12628 | SH |  | SOLE | 0 | 0 | 0 | 12628 |
| DISNEY WALT CO | COM | 254687106 |  | 1329433 | 10720 | SH |  | SOLE | 0 | 79 | 0 | 10641 |
| DOORDASH INC | CL A | 25809K105 |  | 59147905 | 239941 | SH |  | SOLE | 0 | 318 | 0 | 239623 |
| DOW INC | COM | 260557103 |  | 26303824 | 993347 | SH |  | SOLE | 0 | 4123 | 0 | 989224 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 828221 | 7019 | SH |  | SOLE | 0 | 106 | 0 | 6913 |
| DUPONT DE NEMOURS INC | COM | 26614N102 |  | 424187 | 6184 | SH |  | SOLE | 0 | 666 | 0 | 5518 |
| EATON CORP PLC | SHS | G29183103 |  | 26415668 | 73996 | SH |  | SOLE | 0 | 340 | 0 | 73656 |
| ECOLAB INC | COM | 278865100 |  | 41302856 | 153291 | SH |  | SOLE | 0 | 161 | 0 | 153131 |
| EDWARDS LIFESCIENCES CORP | COM | 28176E108 |  | 422569 | 5403 | SH |  | SOLE | 0 | 0 | 0 | 5403 |
| ELI LILLY  CO | COM | 532457108 |  | 5259677 | 6747 | SH |  | SOLE | 0 | 6 | 0 | 6741 |
| EMERSON ELEC CO | COM | 291011104 |  | 11552378 | 86645 | SH |  | SOLE | 0 | 7 | 0 | 86638 |
| ENBRIDGE INC | COM | 29250N105 |  | 40793803 | 900128 | SH |  | SOLE | 0 | 3341 | 0 | 896787 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 1205819 | 66510 | SH |  | SOLE | 0 | 84 | 0 | 66426 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 4554331 | 146867 | SH |  | SOLE | 0 | 0 | 0 | 146867 |
| EON RESOURCES INC | COM CL A | 40472A102 |  | 3456 | 10000 | SH |  | SOLE | 0 | 0 | 0 | 10000 |
| EQT CORP | COM | 26884L109 |  | 54954053 | 942285 | SH |  | SOLE | 0 | 1055 | 0 | 941230 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 79489640 | 737381 | SH |  | SOLE | 0 | 4102 | 0 | 733279 |
| FIDELITY COVINGTON TRUST | MSCI INFO TECH I | 316092808 |  | 309833 | 1571 | SH |  | SOLE | 0 | 30 | 0 | 1541 |
| FIDELITY WISE ORIGIN BITCOIN | SHS | 315948109 |  | 207812 | 2211 | SH |  | SOLE | 0 | 0 | 0 | 2211 |
| FIFTH THIRD BANCORP | COM | 316773100 |  | 1946244 | 47319 | SH |  | SOLE | 0 | 15 | 0 | 47304 |
| FIRST FINL BANKSHARES INC | COM | 32020R109 |  | 394845 | 10974 | SH |  | SOLE | 0 | 0 | 0 | 10974 |
| FIRST SOLAR INC | COM | 336433107 |  | 297406 | 1797 | SH |  | SOLE | 0 | 2 | 0 | 1795 |
| FORTIVE CORP | COM | 34959J108 |  | 428769 | 8225 | SH |  | SOLE | 0 | 0 | 0 | 8225 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 43250527 | 997705 | SH |  | SOLE | 0 | 1220 | 0 | 996485 |
| GALLAGHER ARTHUR J  CO | COM | 363576109 |  | 322796 | 1008 | SH |  | SOLE | 0 | 103 | 0 | 905 |
| GAMING  LEISURE PPTYS INC | COM | 36467J108 |  | 253190 | 5424 | SH |  | SOLE | 0 | 15 | 0 | 5409 |
| GE AEROSPACE | COM NEW | 369604301 |  | 1520359 | 5907 | SH |  | SOLE | 0 | 10 | 0 | 5897 |
| GE VERNOVA INC | COM | 36828A101 |  | 64296103 | 121508 | SH |  | SOLE | 0 | 165 | 0 | 121343 |
| GENASYS INC | COM | 36872P103 |  | 75584 | 43690 | SH |  | SOLE | 0 | 0 | 0 | 43690 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 1209485 | 4147 | SH |  | SOLE | 0 | 3 | 0 | 4144 |
| GENERAL MLS INC | COM | 370334104 |  | 29680389 | 572870 | SH |  | SOLE | 0 | 1982 | 0 | 570888 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 250376 | 2258 | SH |  | SOLE | 0 | 9 | 0 | 2249 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 319877 | 452 | SH |  | SOLE | 0 | 3 | 0 | 449 |
| HCA HEALTHCARE INC | COM | 40412C101 |  | 403823 | 1054 | SH |  | SOLE | 0 | 2 | 0 | 1052 |
| HELMERICH  PAYNE INC | COM | 423452101 |  | 166775 | 11001 | SH |  | SOLE | 0 | 250 | 0 | 10751 |
| HENRY JACK  ASSOC INC | COM | 426281101 |  | 288099 | 1599 | SH |  | SOLE | 0 | 0 | 0 | 1599 |
| HESS CORP | COM | 42809H107 |  | 207949 | 1501 | SH |  | SOLE | 0 | 0 | 0 | 1501 |
| HOME DEPOT INC | COM | 437076102 |  | 32116145 | 87596 | SH |  | SOLE | 0 | 292 | 0 | 87304 |
| HONEYWELL INTL INC | COM | 438516106 |  | 68571996 | 294452 | SH |  | SOLE | 0 | 363 | 0 | 294090 |
| HOWMET AEROSPACE INC | COM | 443201108 |  | 248159 | 1333 | SH |  | SOLE | 0 | 100 | 0 | 1233 |
| HUMANA INC | COM | 444859102 |  | 257889 | 1055 | SH |  | SOLE | 0 | 1 | 0 | 1054 |
| IDEXX LABS INC | COM | 45168D104 |  | 262839 | 490 | SH |  | SOLE | 0 | 1 | 0 | 489 |
| INNOVIZ TECHNOLOGIES LTD | SHS | M5R635108 |  | 20724 | 40000 | SH |  | SOLE | 0 | 0 | 0 | 40000 |
| INNOVIZ TECHNOLOGIES LTD | SHS | M5R635108 |  | 12930 | 15000 | SH |  | SOLE | 0 | 0 | 0 | 15000 |
| INNOVIZ TECHNOLOGIES LTD | SHS | M5R635108 |  | 114800 | 70000 | SH |  | SOLE | 0 | 0 | 0 | 70000 |
| INTERACTIVE BROKERS GROUP IN | COM CL A | 45841N107 |  | 227181 | 4100 | SH |  | SOLE | 0 | 0 | 0 | 4100 |
| INTERNATIONAL BANCSHARES COR | COM | 459044103 |  | 465388 | 6992 | SH |  | SOLE | 0 | 0 | 0 | 6992 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 65940066 | 223692 | SH |  | SOLE | 0 | 786 | 0 | 222906 |
| INTERNATIONAL PAPER CO | COM | 460146103 |  | 1232893 | 26327 | SH |  | SOLE | 0 | 300 | 0 | 26027 |
| INTUIT | COM | 461202103 |  | 332632 | 422 | SH |  | SOLE | 0 | 2 | 0 | 420 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 66672434 | 122693 | SH |  | SOLE | 0 | 148 | 0 | 122545 |
| INVESCO EXCH TRADED FD TR II | S LOW VOL | 46138E354 |  | 737089 | 10122 | SH |  | SOLE | 0 | 0 | 0 | 10122 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 556319 | 3061 | SH |  | SOLE | 0 | 0 | 0 | 3061 |
| INVESCO EXCHANGE TRADED FD T | S EQL TEC | 46137V282 |  | 395456 | 9697 | SH |  | SOLE | 0 | 0 | 0 | 9697 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 8140736 | 14757 | SH |  | SOLE | 0 | 28 | 0 | 14729 |
| IONQ INC | COM | 46222L108 |  | 15277317 | 355535 | SH |  | SOLE | 0 | 1069 | 0 | 354465 |
| ISHARES BITCOIN TRUST ETF | SHS BEN INT | 46438F101 |  | 7050 | 2000 | SH |  | SOLE | 0 | 0 | 0 | 2000 |
| ISHARES BITCOIN TRUST ETF | SHS BEN INT | 46438F101 |  | 36362 | 3000 | SH |  | SOLE | 0 | 0 | 0 | 3000 |
| ISHARES BITCOIN TRUST ETF | SHS BEN INT | 46438F101 |  | 22940 | 4000 | SH |  | SOLE | 0 | 0 | 0 | 4000 |
| ISHARES BITCOIN TRUST ETF | SHS BEN INT | 46438F101 |  | 850635 | 13897 | SH |  | SOLE | 0 | 0 | 0 | 13897 |
| ISHARES BITCOIN TRUST ETF | SHS BEN INT | 46438F101 |  | 35789 | 2000 | SH |  | SOLE | 0 | 0 | 0 | 2000 |
| ISHARES ETHEREUM TR | SHS | 46438R105 |  | 4452 | 10000 | SH |  | SOLE | 0 | 0 | 0 | 10000 |
| ISHARES ETHEREUM TR | SHS | 46438R105 |  | 15867 | 7500 | SH |  | SOLE | 0 | 0 | 0 | 7500 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 |  | 2953120 | 47356 | SH |  | SOLE | 0 | 0 | 0 | 47356 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 |  | 313664 | 5225 | SH |  | SOLE | 0 | 0 | 0 | 5225 |
| ISHARES SILVER TR | ISHARES | 46428Q109 |  | 454053 | 13839 | SH |  | SOLE | 0 | 192 | 0 | 13647 |
| ISHARES TR | NATIONAL MUN ETF | 464288414 |  | 241871 | 2315 | SH |  | SOLE | 0 | 0 | 0 | 2315 |
| ISHARES TR | SELECT DIVID ETF | 464287168 |  | 350383 | 2638 | SH |  | SOLE | 0 | 0 | 0 | 2638 |
| ISHARES TR | MSCI USA QLT FCT | 46432F339 |  | 676068 | 3698 | SH |  | SOLE | 0 | 0 | 0 | 3698 |
| ISHARES TR | CORE S TTL STK | 464287150 |  | 717044 | 5310 | SH |  | SOLE | 0 | 0 | 0 | 5310 |
| ISHARES TR | IBONDS DEC2026 | 46435GAA0 |  | 60625212 | 2500009 | SH |  | SOLE | 0 | 6076 | 0 | 2493932 |
| ISHARES TR | IBONDS DEC 2030 | 46436E726 |  | 61835890 | 2813280 | SH |  | SOLE | 0 | 6134 | 0 | 2807146 |
| ISHARES TR | S 500 GRWT ETF | 464287309 |  | 7870964 | 71489 | SH |  | SOLE | 0 | 699 | 0 | 70791 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 4471021 | 72090 | SH |  | SOLE | 0 | 32 | 0 | 72058 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 |  | 381601 | 4571 | SH |  | SOLE | 0 | 0 | 0 | 4571 |
| ISHARES TR | S 500 VAL ETF | 464287408 |  | 810993 | 4150 | SH |  | SOLE | 0 | 1510 | 0 | 2640 |
| ISHARES TR | RUS 1000 ETF | 464287622 |  | 342878 | 1010 | SH |  | SOLE | 0 | 0 | 0 | 1010 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 212301 | 2375 | SH |  | SOLE | 0 | 0 | 0 | 2375 |
| ISHARES TR | IBONDS 27 ETF | 46435UAA9 |  | 102230855 | 4212231 | SH |  | SOLE | 0 | 9034 | 0 | 4203197 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 23785476 | 217636 | SH |  | SOLE | 0 | 2272 | 0 | 215364 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 930255 | 2191 | SH |  | SOLE | 0 | 0 | 0 | 2191 |
| ISHARES TR | MSCI INTL MOMENT | 46434V449 |  | 878116 | 19219 | SH |  | SOLE | 0 | 0 | 0 | 19219 |
| ISHARES TR | MSCI ACWI ETF | 464288257 |  | 120176485 | 934498 | SH |  | SOLE | 0 | 3896 | 0 | 930602 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 270057 | 1251 | SH |  | SOLE | 0 | 70 | 0 | 1181 |
| ISHARES TR | RUS MD CP GR ETF | 464287481 |  | 416733 | 3005 | SH |  | SOLE | 0 | 0 | 0 | 3005 |
| ISHARES TR | IBONDS DEC 29 | 46436E205 |  | 104159193 | 4464603 | SH |  | SOLE | 0 | 9414 | 0 | 4455189 |
| ISHARES TR | IBDS DEC28 ETF | 46435U515 |  | 77899113 | 3064481 | SH |  | SOLE | 0 | 7039 | 0 | 3057442 |
| ISHARES TR | CORE S ETF | 464287200 |  | 1938841 | 3123 | SH |  | SOLE | 0 | 0 | 0 | 3123 |
| ISHARES TR | MSCI INTL VLU FT | 46435G409 |  | 788538 | 23975 | SH |  | SOLE | 0 | 0 | 0 | 23975 |
| J P MORGAN EXCHANGE TRADED F | EQUITY PREMIUM | 46641Q332 |  | 59387868 | 1044641 | SH |  | SOLE | 0 | 5221 | 0 | 1039420 |
| J P MORGAN EXCHANGE TRADED F | NASDAQ EQT PREM | 46654Q203 |  | 52052526 | 956848 | SH |  | SOLE | 0 | 3712 | 0 | 953136 |
| JANUS DETROIT STR TR | HENDERSON MTG | 47103U852 |  | 48853503 | 1084428 | SH |  | SOLE | 0 | 83 | 0 | 1084345 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 3898176 | 25520 | SH |  | SOLE | 0 | 417 | 0 | 25103 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 155339339 | 535819 | SH |  | SOLE | 0 | 636 | 0 | 535183 |
| KIMBERLY-CLARK CORP | COM | 494368103 |  | 221371 | 1717 | SH |  | SOLE | 0 | 7 | 0 | 1710 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 361843 | 12308 | SH |  | SOLE | 0 | 42 | 0 | 12265 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 2933265 | 30134 | SH |  | SOLE | 0 | 67 | 0 | 30067 |
| LEGGETT  PLATT INC | COM | 524660107 |  | 307802 | 34507 | SH |  | SOLE | 0 | 0 | 0 | 34507 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 27435235 | 59237 | SH |  | SOLE | 0 | 203 | 0 | 59035 |
| LOEWS CORP | COM | 540424108 |  | 550694 | 6008 | SH |  | SOLE | 0 | 0 | 0 | 6008 |
| LOWES COS INC | COM | 548661107 |  | 441796 | 1991 | SH |  | SOLE | 0 | 15 | 0 | 1976 |
| MARA HOLDINGS INC | COM | 565788106 |  | 651551 | 41553 | SH |  | SOLE | 0 | 0 | 0 | 41553 |
| MARATHON PETE CORP | COM | 56585A102 |  | 886127 | 5335 | SH |  | SOLE | 0 | 3425 | 0 | 1910 |
| MARKEL GROUP INC | COM | 570535104 |  | 458114 | 229 | SH |  | SOLE | 0 | 0 | 0 | 229 |
| MARSH  MCLENNAN COS INC | COM | 571748102 |  | 583076 | 2667 | SH |  | SOLE | 0 | 0 | 0 | 2667 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 817760 | 1455 | SH |  | SOLE | 0 | 17 | 0 | 1438 |
| MCDONALDS CORP | COM | 580135101 |  | 1940078 | 6640 | SH |  | SOLE | 0 | 5 | 0 | 6636 |
| MCKESSON CORP | COM | 58155Q103 |  | 648218 | 885 | SH |  | SOLE | 0 | 101 | 0 | 784 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 41199826 | 472638 | SH |  | SOLE | 0 | 1663 | 0 | 470974 |
| MERCADOLIBRE INC | COM | 58733R102 |  | 42183003 | 16140 | SH |  | SOLE | 0 | 22 | 0 | 16118 |
| MERCK  CO INC | COM | 58933Y105 |  | 499340 | 6308 | SH |  | SOLE | 0 | 21 | 0 | 6287 |
| META PLATFORMS INC | CL A | 30303M102 |  | 18141128 | 24578 | SH |  | SOLE | 0 | 54 | 0 | 24525 |
| MICROSOFT CORP | COM | 594918104 |  | 261157618 | 525035 | SH |  | SOLE | 0 | 531 | 0 | 524503 |
| MICROSTRATEGY INC | CL A NEW | 594972408 |  | 949189 | 2348 | SH |  | SOLE | 0 | 2 | 0 | 2346 |
| MIND MEDICINE MINDMED INC | COM NEW | 60255C885 |  | 37525 | 50000 | SH |  | SOLE | 0 | 0 | 0 | 50000 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 70917559 | 503461 | SH |  | SOLE | 0 | 2432 | 0 | 501029 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 |  | 736228 | 1751 | SH |  | SOLE | 0 | 2 | 0 | 1749 |
| MPLX LP | COM UNIT REP LTD | 55336V100 |  | 228807 | 4442 | SH |  | SOLE | 0 | 0 | 0 | 4442 |
| MSCI INC | COM | 55354G100 |  | 263261 | 456 | SH |  | SOLE | 0 | 1 | 0 | 455 |
| NETEASE INC | SPONSORED ADS | 64110W102 |  | 201870 | 1500 | SH |  | SOLE | 0 | 0 | 0 | 1500 |
| NETFLIX INC | COM | 64110L106 |  | 9331343 | 6968 | SH |  | SOLE | 0 | 11 | 0 | 6958 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 533118 | 7680 | SH |  | SOLE | 0 | 18 | 0 | 7662 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 341232 | 1333 | SH |  | SOLE | 0 | 3 | 0 | 1330 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 499245 | 999 | SH |  | SOLE | 0 | 1 | 0 | 997 |
| NOVARTIS AG | SPONSORED ADR | 66987V109 |  | 235243 | 1944 | SH |  | SOLE | 0 | 0 | 0 | 1944 |
| NOVO-NORDISK A S | ADR | 670100205 |  | 1550740 | 22468 | SH |  | SOLE | 0 | 25 | 0 | 22443 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 191751591 | 1213694 | SH |  | SOLE | 0 | 3126 | 0 | 1210569 |
| NXP SEMICONDUCTORS N V | COM | N6596X109 |  | 1746828 | 7995 | SH |  | SOLE | 0 | 0 | 0 | 7995 |
| OCCIDENTAL PETE CORP | COM | 674599105 |  | 669014 | 15925 | SH |  | SOLE | 0 | 0 | 0 | 15925 |
| OGE ENERGY CORP | COM | 670837103 |  | 324588 | 7314 | SH |  | SOLE | 0 | 0 | 0 | 7314 |
| OKTA INC | CL A | 679295105 |  | 246226 | 2463 | SH |  | SOLE | 0 | 0 | 0 | 2463 |
| ON HLDG AG | NAMEN AKT A | H5919C104 |  | 332391 | 6386 | SH |  | SOLE | 0 | 0 | 0 | 6386 |
| ONE GAS INC | COM | 68235P108 |  | 201064 | 2798 | SH |  | SOLE | 0 | 0 | 0 | 2798 |
| ONEOK INC NEW | COM | 682680103 |  | 7294586 | 89362 | SH |  | SOLE | 0 | 1086 | 0 | 88275 |
| OPKO HEALTH INC | COM | 68375N103 |  | 8280 | 300000 | SH |  | SOLE | 0 | 0 | 0 | 300000 |
| OPKO HEALTH INC | COM | 68375N103 |  | 3750 | 50000 | SH |  | SOLE | 0 | 0 | 0 | 50000 |
| OPKO HEALTH INC | COM | 68375N103 |  | 26400 | 20000 | SH |  | SOLE | 0 | 0 | 0 | 20000 |
| ORACLE CORP | COM | 68389X105 |  | 5087001 | 23268 | SH |  | SOLE | 0 | 13 | 0 | 23255 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 |  | 274936 | 3050 | SH |  | SOLE | 0 | 10 | 0 | 3040 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 10618 | 10000 | SH |  | SOLE | 0 | 0 | 0 | 10000 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 1955305 | 14343 | SH |  | SOLE | 0 | 263 | 0 | 14080 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 52409228 | 256105 | SH |  | SOLE | 0 | 319 | 0 | 255786 |
| PARKER-HANNIFIN CORP | COM | 701094104 |  | 213758 | 306 | SH |  | SOLE | 0 | 2 | 0 | 304 |
| PAYCHEX INC | COM | 704326107 |  | 40418097 | 277864 | SH |  | SOLE | 0 | 1012 | 0 | 276852 |
| PEPSICO INC | COM | 713448108 |  | 291662385 | 2208894 | SH |  | SOLE | 0 | 379 | 0 | 2208515 |
| PFIZER INC | COM | 717081103 |  | 33800917 | 1394427 | SH |  | SOLE | 0 | 5370 | 0 | 1389057 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 1307603 | 7180 | SH |  | SOLE | 0 | 11 | 0 | 7168 |
| PHILLIPS 66 | COM | 718546104 |  | 1746581 | 14640 | SH |  | SOLE | 0 | 419 | 0 | 14221 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 53467653 | 335599 | SH |  | SOLE | 0 | 387 | 0 | 335212 |
| PROSPERITY BANCSHARES INC | COM | 743606105 |  | 350638 | 4992 | SH |  | SOLE | 0 | 0 | 0 | 4992 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 32160274 | 299332 | SH |  | SOLE | 0 | 1093 | 0 | 298240 |
| PUBLIC STORAGE OPER CO | COM | 74460D109 |  | 430447 | 1467 | SH |  | SOLE | 0 | 0 | 0 | 1467 |
| QUALCOMM INC | COM | 747525103 |  | 1110019 | 6970 | SH |  | SOLE | 0 | 8 | 0 | 6962 |
| REALTY INCOME CORP | COM | 756109104 |  | 31152447 | 540747 | SH |  | SOLE | 0 | 2125 | 0 | 538622 |
| RICHTECH ROBOTICS INC | CL B | 765504105 |  | 195000 | 100000 | SH |  | SOLE | 0 | 0 | 0 | 100000 |
| RIO TINTO PLC | SPONSORED ADR | 767204100 |  | 25161144 | 431359 | SH |  | SOLE | 0 | 1625 | 0 | 429734 |
| RITHM CAPITAL CORP | COM NEW | 64828T201 |  | 114311 | 10125 | SH |  | SOLE | 0 | 4000 | 0 | 6125 |
| ROCKWELL AUTOMATION INC | COM | 773903109 |  | 388307 | 1169 | SH |  | SOLE | 0 | 0 | 0 | 1169 |
| ROYAL CARIBBEAN GROUP | COM | V7780T103 |  | 345157 | 1102 | SH |  | SOLE | 0 | 0 | 0 | 1102 |
| RTX CORPORATION | COM | 75513E101 |  | 3421935 | 23435 | SH |  | SOLE | 0 | 121 | 0 | 23314 |
| SALESFORCE INC | COM | 79466L302 |  | 220154 | 807 | SH |  | SOLE | 0 | 23 | 0 | 784 |
| SCHLUMBERGER LTD | COM STK | 806857108 |  | 28647556 | 847561 | SH |  | SOLE | 0 | 1136 | 0 | 846424 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 2724575 | 29862 | SH |  | SOLE | 0 | 6312 | 0 | 23550 |
| SCHWAB STRATEGIC TR | US SML CAP ETF | 808524607 |  | 210279 | 8311 | SH |  | SOLE | 0 | 0 | 0 | 8311 |
| SCHWAB STRATEGIC TR | EMRG MKTEQ ETF | 808524706 |  | 604850 | 20068 | SH |  | SOLE | 0 | 0 | 0 | 20068 |
| SCHWAB STRATEGIC TR | US BRD MKT ETF | 808524102 |  | 1961076 | 82294 | SH |  | SOLE | 0 | 0 | 0 | 82294 |
| SCHWAB STRATEGIC TR | US LCAP GR ETF | 808524300 |  | 797306 | 27296 | SH |  | SOLE | 0 | 0 | 0 | 27296 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 |  | 1119576 | 42248 | SH |  | SOLE | 0 | 240 | 0 | 42008 |
| SCHWAB STRATEGIC TR | INTL EQTY ETF | 808524805 |  | 51852067 | 2346247 | SH |  | SOLE | 0 | 9473 | 0 | 2336775 |
| SCHWAB STRATEGIC TR | US LRG CAP ETF | 808524201 |  | 3161822 | 129371 | SH |  | SOLE | 0 | 0 | 0 | 129371 |
| SCHWAB STRATEGIC TR | FUNDAMENTAL US L | 808524771 |  | 351914 | 14340 | SH |  | SOLE | 0 | 0 | 0 | 14340 |
| SEA LTD | SPONSORD ADS | 81141R100 |  | 43779489 | 273724 | SH |  | SOLE | 0 | 305 | 0 | 273420 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 |  | 897415 | 10581 | SH |  | SOLE | 0 | 0 | 0 | 10581 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 |  | 2693617 | 10637 | SH |  | SOLE | 0 | 0 | 0 | 10637 |
| SELECT SECTOR SPDR TR | FINANCIAL | 81369Y605 |  | 454786 | 8684 | SH |  | SOLE | 0 | 0 | 0 | 8684 |
| SELECT SECTOR SPDR TR | SBI CONS STPLS | 81369Y308 |  | 395482 | 4884 | SH |  | SOLE | 0 | 0 | 0 | 4884 |
| SELECT SECTOR SPDR TR | INDL | 81369Y704 |  | 228679 | 1550 | SH |  | SOLE | 0 | 0 | 0 | 1550 |
| SEMPRA | COM | 816851109 |  | 623188 | 8225 | SH |  | SOLE | 0 | 0 | 0 | 8225 |
| SERVICENOW INC | COM | 81762P102 |  | 782704 | 761 | SH |  | SOLE | 0 | 7 | 0 | 754 |
| SHELL PLC | SPON ADS | 780259305 |  | 504400 | 7164 | SH |  | SOLE | 0 | 0 | 0 | 7164 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 552675 | 1610 | SH |  | SOLE | 0 | 2 | 0 | 1607 |
| SHOPIFY INC | CL A SUB VTG SHS | 82509L107 |  | 1062604 | 9212 | SH |  | SOLE | 0 | 0 | 0 | 9212 |
| SIMON PPTY GROUP INC NEW | COM | 828806109 |  | 63300279 | 393756 | SH |  | SOLE | 0 | 1313 | 0 | 392443 |
| SOFI TECHNOLOGIES INC | COM | 83406F102 |  | 316890 | 17402 | SH |  | SOLE | 0 | 0 | 0 | 17402 |
| SOUNDHOUND AI INC | CLASS A COM | 836100107 |  | 21766 | 10000 | SH |  | SOLE | 0 | 0 | 0 | 10000 |
| SOUNDHOUND AI INC | CLASS A COM | 836100107 |  | 35014 | 20000 | SH |  | SOLE | 0 | 0 | 0 | 20000 |
| SOUTHERN CO | COM | 842587107 |  | 85264507 | 928504 | SH |  | SOLE | 0 | 4058 | 0 | 924445 |
| SOUTHERN COPPER CORP | COM | 84265V105 |  | 28027663 | 277035 | SH |  | SOLE | 0 | 1212 | 0 | 275823 |
| SOUTHWEST AIRLS CO | COM | 844741108 |  | 345524 | 10651 | SH |  | SOLE | 0 | 0 | 0 | 10651 |
| SPDR DOW JONES INDL AVERAGE | UT SER 1 | 78467X109 |  | 734810 | 1668 | SH |  | SOLE | 0 | 0 | 0 | 1668 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 1310159 | 4298 | SH |  | SOLE | 0 | 42 | 0 | 4256 |
| SPDR INDEX SHS FDS | PORTFOLIO EMG MK | 78463X509 |  | 17799462 | 416459 | SH |  | SOLE | 0 | 855 | 0 | 415604 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 58709452 | 95022 | SH |  | SOLE | 0 | 202 | 0 | 94820 |
| SPDR S MIDCAP 400 ETF TR | UTSER1 S | 78467Y107 |  | 386906 | 683 | SH |  | SOLE | 0 | 0 | 0 | 683 |
| SPDR SERIES TRUST | PORTFOLIO SHORT | 78464A474 |  | 28478276 | 943302 | SH |  | SOLE | 0 | 63 | 0 | 943239 |
| SPDR SERIES TRUST | PORTFOLIO INTRMD | 78464A375 |  | 59276209 | 1765224 | SH |  | SOLE | 0 | 137 | 0 | 1765086 |
| SPDR SERIES TRUST | NUVEEN ICE SHORT | 78468R739 |  | 244172 | 5105 | SH |  | SOLE | 0 | 0 | 0 | 5105 |
| SPDR SERIES TRUST | BBG CONV SEC ETF | 78464A359 |  | 631936 | 7645 | SH |  | SOLE | 0 | 0 | 0 | 7645 |
| SPDR SERIES TRUST | S DIVID ETF | 78464A763 |  | 1247043 | 9188 | SH |  | SOLE | 0 | 0 | 0 | 9188 |
| SPOTIFY TECHNOLOGY S A | SHS | L8681T102 |  | 237638 | 310 | SH |  | SOLE | 0 | 3 | 0 | 307 |
| SSGA ACTIVE ETF TR | SPDR TR TACTIC | 78467V848 |  | 56229720 | 1401888 | SH |  | SOLE | 0 | 107 | 0 | 1401781 |
| STARBUCKS CORP | COM | 855244109 |  | 301844 | 3294 | SH |  | SOLE | 0 | 20 | 0 | 3275 |
| STRYKER CORPORATION | COM | 863667101 |  | 61334775 | 155031 | SH |  | SOLE | 0 | 193 | 0 | 154838 |
| SUNOCO LP/SUNOCO FIN CORP | COM UT REP LP | 86765K109 |  | 388979 | 7258 | SH |  | SOLE | 0 | 0 | 0 | 7258 |
| SUPER MICRO COMPUTER INC | COM NEW | 86800U302 |  | 2306227 | 47056 | SH |  | SOLE | 0 | 6 | 0 | 47050 |
| SYNOPSYS INC | COM | 871607107 |  | 228014 | 445 | SH |  | SOLE | 0 | 1 | 0 | 444 |
| T-MOBILE US INC | COM | 872590104 |  | 716712 | 3008 | SH |  | SOLE | 0 | 0 | 0 | 3008 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 785771 | 3469 | SH |  | SOLE | 0 | 0 | 0 | 3469 |
| TARGET CORP | COM | 87612E106 |  | 286754 | 2907 | SH |  | SOLE | 0 | 6 | 0 | 2901 |
| TELADOC HEALTH INC | COM | 87918A105 |  | 38220 | 10000 | SH |  | SOLE | 0 | 0 | 0 | 10000 |
| TELADOC HEALTH INC | COM | 87918A105 |  | 24441 | 10000 | SH |  | SOLE | 0 | 0 | 0 | 10000 |
| TESLA INC | COM | 88160R101 |  | 25709201 | 80933 | SH |  | SOLE | 0 | 153 | 0 | 80780 |
| TEXAS INSTRS INC | COM | 882508104 |  | 39765837 | 191532 | SH |  | SOLE | 0 | 622 | 0 | 190910 |
| THE TRADE DESK INC | COM CL A | 88339J105 |  | 497886 | 6916 | SH |  | SOLE | 0 | 206 | 0 | 6710 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 40635837 | 100222 | SH |  | SOLE | 0 | 120 | 0 | 100102 |
| TOYOTA MOTOR CORP | ADS | 892331307 |  | 218942 | 1271 | SH |  | SOLE | 0 | 0 | 0 | 1271 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 33508022 | 359143 | SH |  | SOLE | 0 | 2018 | 0 | 357125 |
| UNILEVER PLC | SPON ADR NEW | 904767704 |  | 39779703 | 650314 | SH |  | SOLE | 0 | 2085 | 0 | 648229 |
| UNION PAC CORP | COM | 907818108 |  | 379268 | 1648 | SH |  | SOLE | 0 | 2 | 0 | 1646 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 412110 | 4083 | SH |  | SOLE | 0 | 0 | 0 | 4083 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 2710850 | 8689 | SH |  | SOLE | 0 | 6 | 0 | 8683 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 1274103 | 9479 | SH |  | SOLE | 0 | 3389 | 0 | 6089 |
| VANGUARD BD INDEX FDS | SHORT TRM BOND | 921937827 |  | 311298 | 3956 | SH |  | SOLE | 0 | 113 | 0 | 3843 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 2416768 | 7952 | SH |  | SOLE | 0 | 0 | 0 | 7952 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 4221608 | 17814 | SH |  | SOLE | 0 | 32 | 0 | 17782 |
| VANGUARD INDEX FDS | LARGE CAP ETF | 922908637 |  | 492271 | 1725 | SH |  | SOLE | 0 | 0 | 0 | 1725 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 685504 | 1564 | SH |  | SOLE | 0 | 0 | 0 | 1564 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 715768 | 4050 | SH |  | SOLE | 0 | 0 | 0 | 4050 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 2500225 | 4402 | SH |  | SOLE | 0 | 175 | 0 | 4227 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 49908267 | 1009063 | SH |  | SOLE | 0 | 4488 | 0 | 1004575 |
| VANGUARD INTL EQUITY INDEX F | FTSE SMCAP ETF | 922042718 |  | 276843 | 2060 | SH |  | SOLE | 0 | 0 | 0 | 2060 |
| VANGUARD SCOTTSDALE FDS | SHORT TERM TREAS | 92206C102 |  | 18473258 | 314278 | SH |  | SOLE | 0 | 1010 | 0 | 313268 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 1935405 | 9456 | SH |  | SOLE | 0 | 40 | 0 | 9416 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 28925045 | 507368 | SH |  | SOLE | 0 | 1025 | 0 | 506343 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 |  | 1832122 | 13743 | SH |  | SOLE | 0 | 0 | 0 | 13743 |
| VANGUARD WORLD FD | HEALTH CAR ETF | 92204A504 |  | 452814 | 1823 | SH |  | SOLE | 0 | 0 | 0 | 1823 |
| VANGUARD WORLD FD | INF TECH ETF | 92204A702 |  | 4095574 | 6175 | SH |  | SOLE | 0 | 0 | 0 | 6175 |
| VANGUARD WORLD FD | INDUSTRIAL ETF | 92204A603 |  | 1314088 | 4692 | SH |  | SOLE | 0 | 0 | 0 | 4692 |
| VANGUARD WORLD FD | CONSUM DIS ETF | 92204A108 |  | 940286 | 2595 | SH |  | SOLE | 0 | 0 | 0 | 2595 |
| VERALTO CORP | COM SHS | 92338C103 |  | 36185083 | 358446 | SH |  | SOLE | 0 | 411 | 0 | 358034 |
| VERITEX HLDGS INC | COM | 923451108 |  | 347130 | 13300 | SH |  | SOLE | 0 | 0 | 0 | 13300 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 55278421 | 1277523 | SH |  | SOLE | 0 | 5023 | 0 | 1272500 |
| VISA INC | COM CL A | 92826C839 |  | 48203987 | 135767 | SH |  | SOLE | 0 | 217 | 0 | 135549 |
| WALMART INC | COM | 931142103 |  | 6279689 | 64223 | SH |  | SOLE | 0 | 1383 | 0 | 62840 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 40615410 | 177499 | SH |  | SOLE | 0 | 232 | 0 | 177267 |
| WATSCO INC | COM | 942622200 |  | 26738239 | 60546 | SH |  | SOLE | 0 | 370 | 0 | 60176 |
| WEC ENERGY GROUP INC | COM | 92939U106 |  | 378022 | 3628 | SH |  | SOLE | 0 | 0 | 0 | 3628 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 536139 | 6692 | SH |  | SOLE | 0 | 29 | 0 | 6663 |
| WHEATON PRECIOUS METALS CORP | COM | 962879102 |  | 477197 | 5314 | SH |  | SOLE | 0 | 0 | 0 | 5314 |
| WHIRLPOOL CORP | COM | 963320106 |  | 384585 | 3792 | SH |  | SOLE | 0 | 0 | 0 | 3792 |
| WILLIAMS COS INC | COM | 969457100 |  | 143952223 | 2291868 | SH |  | SOLE | 0 | 15874 | 0 | 2275994 |
| YUM BRANDS INC | COM | 988498101 |  | 2870761 | 19373 | SH |  | SOLE | 0 | 0 | 0 | 19373 |
| YUM CHINA HLDGS INC | COM | 98850P109 |  | 832858 | 18628 | SH |  | SOLE | 0 | 0 | 0 | 18628 |

---