# EDGAR Filing Document

**Accession Number:** 0001654599
**File Stem:** 0001654599-26-000001
**Filing Date:** 2026-1
**Character Count:** 32247
**Document Hash:** f3f86d096d040af6a3935e31bde79011
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001654599-26-000001.hdr.sgml**: 20260114

**ACCESSION NUMBER**: 0001654599-26-000001

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260114

**DATE AS OF CHANGE**: 20260114

**EFFECTIVENESS DATE**: 20260114

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BEACON INVESTMENT ADVISORY SERVICES, INC.
- **CENTRAL INDEX KEY:** 0001654599

**ORGANIZATION NAME:**
- **EIN:** 473297514
- **STATE OF INCORPORATION:** NJ
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-17047
- **FILM NUMBER:** 26532877

**BUSINESS ADDRESS:**
- **STREET 1:** 163 MADISON AVE
- **STREET 2:** SUITE 600
- **CITY:** MORRISTOWN
- **STATE:** NJ
- **ZIP:** 07960
- **BUSINESS PHONE:** 866-377-8090

**MAIL ADDRESS:**
- **STREET 1:** 163 MADISON AVE
- **STREET 2:** SUITE 600
- **CITY:** MORRISTOWN
- **STATE:** NJ
- **ZIP:** 07960

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2025

**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:** BEACON INVESTMENT ADVISORY SERVICES INC.<br>**Address:** 163 MADISON AVE<br>SUITE 600<br>MORRISTOWN, NJ 07960

**Form 13F File Number:** 028-17047

**CRD Number (if applicable):** 000226547

**SEC File Number (if applicable):** 801-96256

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:** Christopher Chung<br>**Title:** Compliance Associate<br>**Phone:** (973)756-2808

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

Christopher Chung  Morristown, NJ  01-14-2026<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 262

**Form 13F Information Table Value Total:** $2450381780

      (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 |  | 450202 | 2812 | SH |  | SOLE | Beacon Trust | 1616 | 0 | 1196 |
| ABBOTT LABS | COM | 002824100 |  | 1630149 | 13011 | SH |  | SOLE | Beacon Trust | 12006 | 0 | 1005 |
| ABBVIE INC | COM | 00287Y109 |  | 19854811 | 86896 | SH |  | SOLE | Beacon Trust | 51448 | 0 | 35448 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 525868 | 1960 | SH |  | SOLE | Beacon Trust | 1943 | 0 | 17 |
| ACUITY INC | COM | 00508Y102 |  | 467692 | 1299 | SH |  | SOLE | Beacon Trust | 1269 | 0 | 30 |
| ADAPTHEALTH CORP | COMMON STOCK | 00653Q102 |  | 102300 | 10271 | SH |  | SOLE |  | 10271 | 0 | 0 |
| ADOBE INC | COM | 00724F101 |  | 10987237 | 31393 | SH |  | SOLE | Beacon Trust | 29282 | 0 | 2111 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 32964578 | 153925 | SH |  | SOLE | Beacon Trust | 92027 | 0 | 61898 |
| AES CORP | COM | 00130H105 |  | 472561 | 32954 | SH |  | SOLE | Beacon Trust | 32206 | 0 | 748 |
| AFLAC INC | COM | 001055102 |  | 496215 | 4500 | SH |  | SOLE | Beacon Trust | 3654 | 0 | 846 |
| AKAMAI TECHNOLOGIES INC | COM | 00971T101 |  | 358074 | 4104 | SH |  | SOLE | Beacon Trust | 4018 | 0 | 86 |
| ALIGN TECHNOLOGY INC | COM | 016255101 |  | 272795 | 1747 | SH |  | SOLE | Beacon Trust | 1701 | 0 | 46 |
| ALLSTATE CORP | COM | 020002101 |  | 7807789 | 37510 | SH |  | SOLE | Beacon Trust | 28425 | 0 | 9085 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 67792325 | 216589 | SH |  | SOLE | Beacon Trust | 200618 | 0 | 15971 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 8293383 | 26429 | SH |  | SOLE | Beacon Trust | 19552 | 0 | 6877 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 417933 | 7248 | SH |  | SOLE | Beacon Trust | 3500 | 0 | 3748 |
| AMAZON COM INC | COM | 023135106 |  | 8297287 | 35947 | SH |  | SOLE | Beacon Trust | 31280 | 0 | 4667 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 1868498 | 5051 | SH |  | SOLE |  | 4450 | 0 | 601 |
| AMERICAN INTL GROUP INC | COM NEW | 026874784 |  | 342372 | 4002 | SH |  | SOLE | Beacon Trust | 3002 | 0 | 1000 |
| AMERICAN RES CORP | CL A | 02927U208 |  | 37200 | 15000 | SH |  | SOLE |  | 0 | 0 | 15000 |
| AMETEK INC | COM | 031100100 |  | 214549 | 1045 | SH |  | SOLE | Beacon Trust | 1045 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 18371527 | 56129 | SH |  | SOLE | Beacon Trust | 32944 | 0 | 23185 |
| AMPHENOL CORP NEW | CL A | 032095101 |  | 1675601 | 12399 | SH |  | SOLE | Beacon Trust | 9466 | 0 | 2933 |
| ANALOG DEVICES INC | COM | 032654105 |  | 37038261 | 136572 | SH |  | SOLE | Beacon Trust | 81499 | 0 | 55073 |
| AON PLC | SHS CL A | G0403H108 |  | 214904 | 609 | SH |  | SOLE |  | 609 | 0 | 0 |
| APOLLO GLOBAL MGMT INC | COM | 03769M106 |  | 8457475 | 58424 | SH |  | SOLE | Beacon Trust | 45059 | 0 | 13365 |
| APPLE INC | COM | 037833100 |  | 77986410 | 286862 | SH |  | SOLE | Beacon Trust | 250224 | 0 | 36638 |
| APPLIED MATLS INC | COM | 038222105 |  | 29309713 | 114050 | SH |  | SOLE | Beacon Trust | 96350 | 0 | 17700 |
| ARCH CAP GROUP LTD | ORD | G0450A105 |  | 397973 | 4149 | SH |  | SOLE | Beacon Trust | 4149 | 0 | 0 |
| ARES MANAGEMENT CORPORATION | CL A COM STK | 03990B101 |  | 707132 | 4375 | SH |  | SOLE | Beacon Trust | 4375 | 0 | 0 |
| ASSURANT INC | COM | 04621X108 |  | 461951 | 1918 | SH |  | SOLE | Beacon Trust | 1873 | 0 | 45 |
| ASTRAZENECA PLC | SPONSORED ADR | 046353108 |  | 743438 | 8087 | SH |  | SOLE | Beacon Trust | 7450 | 0 | 637 |
| AT INC | COM | 00206R102 |  | 922726 | 37147 | SH |  | SOLE | Beacon Trust | 31270 | 0 | 5877 |
| AUTODESK INC | COM | 052769106 |  | 326500 | 1103 | SH |  | SOLE |  | 0 | 0 | 1103 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 1912537 | 7435 | SH |  | SOLE | Beacon Trust | 5341 | 0 | 2094 |
| BANK AMERICA CORP | COM | 060505104 |  | 7600835 | 138197 | SH |  | SOLE | Beacon Trust | 99092 | 0 | 39105 |
| BANK NEW YORK MELLON CORP | COM | 064058100 |  | 1331205 | 11467 | SH |  | SOLE |  | 11467 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 |  | 754800 | 1 | SH |  | SOLE | Beacon Trust | 1 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 3441645 | 6847 | SH |  | SOLE | Beacon Trust | 6064 | 0 | 783 |
| BIO RAD LABS INC | CL A | 090572207 |  | 228152 | 753 | SH |  | SOLE | Beacon Trust | 753 | 0 | 0 |
| BIOGEN INC | COM | 09062X103 |  | 2230498 | 12674 | SH |  | SOLE | Beacon Trust | 6439 | 0 | 6235 |
| BLACKSTONE INC | COM | 09260D107 |  | 1189769 | 7719 | SH |  | SOLE | Beacon Trust | 5294 | 0 | 2425 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 26846354 | 5013 | SH |  | SOLE | Beacon Trust | 4703 | 0 | 310 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 |  | 326002 | 3419 | SH |  | SOLE |  | 3290 | 0 | 129 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 403923 | 7488 | SH |  | SOLE | Beacon Trust | 7041 | 0 | 447 |
| BROADCOM INC | COM | 11135F101 |  | 24404742 | 70514 | SH |  | SOLE | Beacon Trust | 56846 | 0 | 13668 |
| BROWN FORMAN CORP | CL B | 115637209 |  | 1038648 | 39856 | SH |  | SOLE |  | 21006 | 0 | 18850 |
| CAPITAL GROUP DIVIDEND VALUE | SHS CREATION UNI | 14020W106 |  | 255469 | 5854 | SH |  | SOLE |  | 5854 | 0 | 0 |
| CARDINAL HEALTH INC | COM | 14149Y108 |  | 1053393 | 5126 | SH |  | SOLE |  | 5114 | 0 | 12 |
| CATERPILLAR INC | COM | 149123101 |  | 32722430 | 57120 | SH |  | SOLE | Beacon Trust | 46728 | 0 | 10392 |
| CHEVRON CORP NEW | COM | 166764100 |  | 850093 | 5578 | SH |  | SOLE | Beacon Trust | 4258 | 0 | 1320 |
| CHUBB LIMITED | COM | H1467J104 |  | 10146397 | 32508 | SH |  | SOLE | Beacon Trust | 22803 | 0 | 9705 |
| CISCO SYS INC | COM | 17275R102 |  | 15401326 | 199939 | SH |  | SOLE | Beacon Trust | 135506 | 0 | 64433 |
| CITIGROUP INC | COM NEW | 172967424 |  | 513787 | 4403 | SH |  | SOLE | Beacon Trust | 2426 | 0 | 1977 |
| CITIZENS FINL GROUP INC | COM | 174610105 |  | 281946 | 4827 | SH |  | SOLE | Beacon Trust | 0 | 0 | 4827 |
| CME GROUP INC | COM | 12572Q105 |  | 7570601 | 27723 | SH |  | SOLE | Beacon Trust | 20634 | 0 | 7089 |
| COCA COLA CO | COM | 191216100 |  | 612552 | 8762 | SH |  | SOLE | Beacon Trust | 6013 | 0 | 2749 |
| COGNEX CORP | COM | 192422103 |  | 3253240 | 90418 | SH |  | SOLE |  | 35425 | 0 | 54993 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 543500 | 6878 | SH |  | SOLE | Beacon Trust | 6878 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 642973 | 21511 | SH |  | SOLE | Beacon Trust | 20694 | 0 | 817 |
| CONAGRA BRANDS INC | COM | 205887102 |  | 234534 | 13549 | SH |  | SOLE | Beacon Trust | 13247 | 0 | 302 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 811412 | 8668 | SH |  | SOLE | Beacon Trust | 7512 | 0 | 1156 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 |  | 250822 | 710 | SH |  | SOLE | Beacon Trust | 710 | 0 | 0 |
| CORNING INC | COM | 219350105 |  | 1396145 | 15945 | SH |  | SOLE | Beacon Trust | 14945 | 0 | 1000 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 1745870 | 2025 | SH |  | SOLE | Beacon Trust | 1469 | 0 | 556 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 1378624 | 2941 | SH |  | SOLE |  | 2678 | 0 | 263 |
| DANAHER CORPORATION | COM | 235851102 |  | 18315682 | 80009 | SH |  | SOLE |  | 44887 | 0 | 35122 |
| DARDEN RESTAURANTS INC | COM | 237194105 |  | 7980479 | 43367 | SH |  | SOLE | Beacon Trust | 32499 | 0 | 10868 |
| DEERE  CO | COM | 244199105 |  | 605241 | 1300 | SH |  | SOLE |  | 1300 | 0 | 0 |
| DEXCOM INC | COM | 252131107 |  | 18108126 | 272836 | SH |  | SOLE |  | 167476 | 0 | 105360 |
| DISNEY WALT CO | COM | 254687106 |  | 9758667 | 85775 | SH |  | SOLE | Beacon Trust | 79239 | 0 | 6536 |
| DOLLAR GEN CORP NEW | COM | 256677105 |  | 744442 | 5607 | SH |  | SOLE | Beacon Trust | 5479 | 0 | 128 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 6957642 | 59360 | SH |  | SOLE | Beacon Trust | 43997 | 0 | 15363 |
| EATON CORP PLC | SHS | G29183103 |  | 18090094 | 56796 | SH |  | SOLE | Beacon Trust | 41153 | 0 | 15643 |
| EATON VANCE TAX-MANAGED GLOB | COM | 27829F108 |  | 155292 | 16295 | SH |  | SOLE |  | 16295 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 20502817 | 19078 | SH |  | SOLE | Beacon Trust | 17358 | 0 | 1720 |
| EMERSON ELEC CO | COM | 291011104 |  | 307247 | 2315 | SH |  | SOLE | Beacon Trust | 2190 | 0 | 125 |
| ENBRIDGE INC | COM | 29250N105 |  | 7838907 | 163891 | SH |  | SOLE | Beacon Trust | 118981 | 0 | 44910 |
| EQUINIX INC | COM | 29444U700 |  | 5590123 | 7296 | SH |  | SOLE | Beacon Trust | 5541 | 0 | 1755 |
| EXACT SCIENCES CORP | COM | 30063P105 |  | 225261 | 2218 | SH |  | SOLE |  | 2218 | 0 | 0 |
| EXPEDITORS INTL WASH INC | COM | 302130109 |  | 412460 | 2768 | SH |  | SOLE | Beacon Trust | 2704 | 0 | 64 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 2904916 | 24139 | SH |  | SOLE | Beacon Trust | 17407 | 0 | 6732 |
| FACTSET RESH SYS INC | COM | 303075105 |  | 250725 | 864 | SH |  | SOLE | Beacon Trust | 864 | 0 | 0 |
| FIDELITY COVINGTON TRUST | ENHANCED LARGE | 31609A305 |  | 417876 | 10021 | SH |  | SOLE |  | 10021 | 0 | 0 |
| FIDELITY WISE ORIGIN BITCOIN | SHS | 315948109 |  | 266805 | 3500 | SH |  | SOLE | Beacon Trust | 0 | 0 | 3500 |
| FORTINET INC | COM | 34959E109 |  | 20306011 | 255711 | SH |  | SOLE | Beacon Trust | 240107 | 0 | 15604 |
| GABELLI EQUITY TR INC | COM | 362397101 |  | 117230 | 19000 | SH |  | SOLE | Beacon Trust | 19000 | 0 | 0 |
| GE AEROSPACE | COM NEW | 369604301 |  | 1069601 | 3472 | SH |  | SOLE | Beacon Trust | 1901 | 0 | 1571 |
| GE VERNOVA INC | COM | 36828A101 |  | 699320 | 1070 | SH |  | SOLE | Beacon Trust | 495 | 0 | 575 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 13689302 | 111531 | SH |  | SOLE | Beacon Trust | 86597 | 0 | 24934 |
| GLOBAL PARTNERS LP | COM UNITS | 37946R109 |  | 292950 | 7000 | SH |  | SOLE |  | 0 | 0 | 7000 |
| GLOBAL X FDS | NASDAQ 100 COVER | 37954Y483 |  | 181648 | 10280 | SH |  | SOLE |  | 0 | 0 | 10280 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 540207 | 615 | SH |  | SOLE | Beacon Trust | 283 | 0 | 332 |
| HASBRO INC | COM | 418056107 |  | 465842 | 5681 | SH |  | SOLE | Beacon Trust | 5545 | 0 | 136 |
| HENRY SCHEIN INC | COM | 806407102 |  | 638803 | 8452 | SH |  | SOLE | Beacon Trust | 4971 | 0 | 3481 |
| HOME DEPOT INC | COM | 437076102 |  | 27368282 | 79536 | SH |  | SOLE | Beacon Trust | 68447 | 0 | 11089 |
| HONEYWELL INTL INC | COM | 438516106 |  | 15807618 | 81027 | SH |  | SOLE | Beacon Trust | 54228 | 0 | 26799 |
| HUBBELL INC | COM | 443510607 |  | 242040 | 545 | SH |  | SOLE |  | 70 | 0 | 475 |
| HUNTINGTON BANCSHARES INC | COM | 446150104 |  | 231415 | 13338 | SH |  | SOLE | Beacon Trust | 13338 | 0 | 0 |
| IDEXX LABS INC | COM | 45168D104 |  | 42588241 | 62951 | SH |  | SOLE | Beacon Trust | 43934 | 0 | 19017 |
| ILLINOIS TOOL WKS INC | COM | 452308109 |  | 6613155 | 26850 | SH |  | SOLE | Beacon Trust | 9095 | 0 | 17755 |
| INSTALLED BLDG PRODS INC | COM | 45780R101 |  | 3105936 | 11974 | SH |  | SOLE | Beacon Trust | 0 | 0 | 11974 |
| INSULET CORP | COM | 45784P101 |  | 20451068 | 71950 | SH |  | SOLE |  | 44167 | 0 | 27783 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 952839 | 3217 | SH |  | SOLE | Beacon Trust | 2671 | 0 | 546 |
| INTUIT | COM | 461202103 |  | 27186711 | 41042 | SH |  | SOLE | Beacon Trust | 38582 | 0 | 2460 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 31122049 | 54951 | SH |  | SOLE | Beacon Trust | 47759 | 0 | 7192 |
| INVESCO ACTIVELY MANAGED EXC | ULTRA SHRT DUR | 46090A887 |  | 5923470 | 117880 | SH |  | SOLE | Beacon Trust | 78063 | 0 | 39817 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 297193 | 1551 | SH |  | SOLE |  | 1290 | 0 | 261 |
| INVESCO LTD | SHS | G491BT108 |  | 419848 | 15982 | SH |  | SOLE | Beacon Trust | 15654 | 0 | 328 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 1559872 | 2539 | SH |  | SOLE |  | 2065 | 0 | 474 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 |  | 75200028 | 926451 | SH |  | SOLE | Beacon Trust | 720223 | 0 | 206228 |
| ISHARES TR | 1 3 YR TREAS BD | 464287457 |  | 61684573 | 744803 | SH |  | SOLE | Beacon Trust | 631930 | 0 | 112873 |
| ISHARES TR | CORE 40/60 MODER | 464289875 |  | 852267 | 17856 | SH |  | SOLE |  | 16025 | 0 | 1831 |
| ISHARES TR | CORE HIGH DV ETF | 46429B663 |  | 252463 | 2076 | SH |  | SOLE | Beacon Trust | 2009 | 0 | 67 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 980694 | 14859 | SH |  | SOLE | Beacon Trust | 9125 | 0 | 5734 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 112888559 | 939329 | SH |  | SOLE | Beacon Trust | 751692 | 0 | 187637 |
| ISHARES TR | CORE S TTL STK | 464287150 |  | 220226 | 1481 | SH |  | SOLE |  | 908 | 0 | 573 |
| ISHARES TR | CORE S ETF | 464287200 |  | 27764994 | 40536 | SH |  | SOLE | Beacon Trust | 34053 | 0 | 6483 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 35241215 | 352836 | SH |  | SOLE | Beacon Trust | 245789 | 0 | 107047 |
| ISHARES TR | ESG AWARE MSCI | 46435U663 |  | 2969205 | 64576 | SH |  | SOLE |  | 62419 | 0 | 2157 |
| ISHARES TR | ISHARES BIOTECH | 464287556 |  | 362856 | 2150 | SH |  | SOLE | Beacon Trust | 2150 | 0 | 0 |
| ISHARES TR | MSCI ACWI ETF | 464288257 |  | 16958567 | 119857 | SH |  | SOLE | Beacon Trust | 89081 | 0 | 30776 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 |  | 5086232 | 24181 | SH |  | SOLE | Beacon Trust | 17173 | 0 | 7008 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 6792786 | 27595 | SH |  | SOLE | Beacon Trust | 27059 | 0 | 536 |
| ISHARES TR | RUSSELL 3000 ETF | 464287689 |  | 300583 | 777 | SH |  | SOLE |  | 100 | 0 | 677 |
| ISHARES TR | S 500 GRWT ETF | 464287309 |  | 204242 | 1657 | SH |  | SOLE | Beacon Trust | 1657 | 0 | 0 |
| ISHARES TR | U.S. PHARMA ETF | 464288836 |  | 259580 | 3060 | SH |  | SOLE |  | 0 | 0 | 3060 |
| ISHARES TR | ULTRA SHORT DUR | 46434V878 |  | 2051525 | 40560 | SH |  | SOLE | Beacon Trust | 33460 | 0 | 7100 |
| ISHARES TR | US AER DEF ETF | 464288760 |  | 484341 | 2256 | SH |  | SOLE |  | 2256 | 0 | 0 |
| J P MORGAN EXCHANGE TRADED F | JPMORGAN DIVER | 46641Q407 |  | 505326 | 4077 | SH |  | SOLE | Beacon Trust | 4077 | 0 | 0 |
| J P MORGAN EXCHANGE TRADED F | ULTRA SHRT ETF | 46641Q837 |  | 30660571 | 606060 | SH |  | SOLE | Beacon Trust | 413578 | 0 | 192482 |
| J P MORGAN EXCHANGE TRADED F | ULTRA SHT MUNCPL | 46641Q654 |  | 4951470 | 97202 | SH |  | SOLE | Beacon Trust | 76415 | 0 | 20787 |
| JACOBS SOLUTIONS INC | COM | 46982L108 |  | 531960 | 4016 | SH |  | SOLE | Beacon Trust | 3933 | 0 | 83 |
| JEFFERIES FINL GROUP INC | COM | 47233W109 |  | 10757749 | 173596 | SH |  | SOLE | Beacon Trust | 128178 | 0 | 45418 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 23644102 | 114250 | SH |  | SOLE | Beacon Trust | 79836 | 0 | 34414 |
| JOHNSON CTLS INTL PLC | SHS | G51502105 |  | 280694 | 2344 | SH |  | SOLE | Beacon Trust | 610 | 0 | 1734 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 72693542 | 225602 | SH |  | SOLE | Beacon Trust | 191130 | 0 | 34472 |
| KENVUE INC | COM | 49177J102 |  | 7045103 | 408412 | SH |  | SOLE | Beacon Trust | 281159 | 0 | 127253 |
| KIMBERLY-CLARK CORP | COM | 494368103 |  | 207298 | 2055 | SH |  | SOLE | Beacon Trust | 1965 | 0 | 90 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 308603 | 11226 | SH |  | SOLE | Beacon Trust | 11003 | 0 | 223 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 272206 | 1590 | SH |  | SOLE |  | 600 | 0 | 990 |
| LAMAR ADVERTISING CO NEW | CL A | 512816109 |  | 281641 | 2225 | SH |  | SOLE | Beacon Trust | 2225 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 610876 | 1263 | SH |  | SOLE | Beacon Trust | 1223 | 0 | 40 |
| LOEWS CORP | COM | 540424108 |  | 589421 | 5597 | SH |  | SOLE | Beacon Trust | 5486 | 0 | 111 |
| LOWES COS INC | COM | 548661107 |  | 1717783 | 7123 | SH |  | SOLE |  | 3768 | 0 | 3355 |
| M  T BK CORP | COM | 55261F104 |  | 860522 | 4271 | SH |  | SOLE | Beacon Trust | 3923 | 0 | 348 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 64976104 | 113817 | SH |  | SOLE | Beacon Trust | 87853 | 0 | 25964 |
| MCCORMICK  CO INC | COM NON VTG | 579780206 |  | 268490 | 3942 | SH |  | SOLE | Beacon Trust | 3542 | 0 | 400 |
| MCDONALDS CORP | COM | 580135101 |  | 673915 | 2205 | SH |  | SOLE | Beacon Trust | 1216 | 0 | 989 |
| MERCK  CO INC | COM | 58933Y105 |  | 2941272 | 27943 | SH |  | SOLE | Beacon Trust | 18185 | 0 | 9758 |
| META PLATFORMS INC | CL A | 30303M102 |  | 1031197 | 1562 | SH |  | SOLE | Beacon Trust | 530 | 0 | 1032 |
| METTLER TOLEDO INTERNATIONAL | COM | 592688105 |  | 7932942 | 5690 | SH |  | SOLE | Beacon Trust | 4638 | 0 | 1052 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 618199 | 2166 | SH |  | SOLE | Beacon Trust | 1295 | 0 | 871 |
| MICROSOFT CORP | COM | 594918104 |  | 92061293 | 190359 | SH |  | SOLE | Beacon Trust | 128570 | 0 | 61789 |
| MIDDLEBY CORP | COM | 596278101 |  | 217505 | 1463 | SH |  | SOLE | Beacon Trust | 1463 | 0 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 257577 | 4785 | SH |  | SOLE | Beacon Trust | 3333 | 0 | 1452 |
| MOODYS CORP | COM | 615369105 |  | 7009411 | 13721 | SH |  | SOLE | Beacon Trust | 12612 | 0 | 1109 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 49346871 | 277964 | SH |  | SOLE | Beacon Trust | 244373 | 0 | 33591 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 10025152 | 124877 | SH |  | SOLE | Beacon Trust | 98388 | 0 | 26489 |
| NIKE INC | CL B | 654106103 |  | 525691 | 8251 | SH |  | SOLE | Beacon Trust | 7575 | 0 | 676 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 398145 | 1379 | SH |  | SOLE | Beacon Trust | 1345 | 0 | 34 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 8994919 | 15775 | SH |  | SOLE | Beacon Trust | 15077 | 0 | 698 |
| NOVARTIS AG | SPONSORED ADR | 66987V109 |  | 682457 | 4950 | SH |  | SOLE | Beacon Trust | 4052 | 0 | 898 |
| NOVO-NORDISK A S | ADR | 670100205 |  | 8179520 | 160761 | SH |  | SOLE | Beacon Trust | 66674 | 0 | 94087 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 53861534 | 288802 | SH |  | SOLE | Beacon Trust | 268816 | 0 | 19986 |
| NVR INC | COM | 62944T105 |  | 16299341 | 2235 | SH |  | SOLE | Beacon Trust | 2105 | 0 | 130 |
| OCULAR THERAPEUTIX INC | COM | 67576A100 |  | 169960 | 14000 | SH |  | SOLE |  | 14000 | 0 | 0 |
| ONEOK INC NEW | COM | 682680103 |  | 224322 | 3052 | SH |  | SOLE | Beacon Trust | 3052 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 1632428 | 8375 | SH |  | SOLE | Beacon Trust | 6567 | 0 | 1808 |
| PACER FDS TR | US CASH COWS 100 | 69374H881 |  | 7144225 | 118734 | SH |  | SOLE | Beacon Trust | 100212 | 0 | 18522 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 305019 | 1716 | SH |  | SOLE |  | 1115 | 0 | 601 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 30797319 | 167195 | SH |  | SOLE | Beacon Trust | 154300 | 0 | 12895 |
| PAYCHEX INC | COM | 704326107 |  | 623048 | 5554 | SH |  | SOLE |  | 4440 | 0 | 1114 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 8452389 | 144782 | SH |  | SOLE | Beacon Trust | 134684 | 0 | 10098 |
| PEPSICO INC | COM | 713448108 |  | 6239909 | 43478 | SH |  | SOLE | Beacon Trust | 31901 | 0 | 11577 |
| PFIZER INC | COM | 717081103 |  | 696813 | 27984 | SH |  | SOLE | Beacon Trust | 18003 | 0 | 9981 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 900165 | 5612 | SH |  | SOLE | Beacon Trust | 2932 | 0 | 2680 |
| PIMCO ETF TR | ENHAN SHRT MA AC | 72201R833 |  | 7164678 | 71404 | SH |  | SOLE | Beacon Trust | 69919 | 0 | 1485 |
| PINNACLE WEST CAP CORP | COM | 723484101 |  | 5780695 | 65171 | SH |  | SOLE | Beacon Trust | 50202 | 0 | 14969 |
| PLAINS ALL AMERN PIPELINE L | UNIT LTD PARTN | 726503105 |  | 734564 | 40900 | SH |  | SOLE | Beacon Trust | 3150 | 0 | 37750 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 691540 | 4825 | SH |  | SOLE | Beacon Trust | 4166 | 0 | 659 |
| PROVIDENT FINL SVCS INC | COM | 74386T105 |  | 3100678 | 156996 | SH |  | SOLE | Beacon Trust | 156896 | 0 | 100 |
| PUBLIC SVC ENTERPRISE GRP IN | COM | 744573106 |  | 2274989 | 28331 | SH |  | SOLE | Beacon Trust | 24776 | 0 | 3555 |
| PULTE GROUP INC | COM | 745867101 |  | 648800 | 5533 | SH |  | SOLE | Beacon Trust | 5416 | 0 | 117 |
| PURE CYCLE CORP | COM NEW | 746228303 |  | 155685 | 14166 | SH |  | SOLE | Beacon Trust | 14166 | 0 | 0 |
| QORVO INC | COM | 74736K101 |  | 253615 | 3001 | SH |  | SOLE | Beacon Trust | 2933 | 0 | 68 |
| QUALCOMM INC | COM | 747525103 |  | 13661954 | 79871 | SH |  | SOLE | Beacon Trust | 61994 | 0 | 17877 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 |  | 7776622 | 10075 | SH |  | SOLE | Beacon Trust | 9176 | 0 | 899 |
| ROCKWELL AUTOMATION INC | COM | 773903109 |  | 245115 | 630 | SH |  | SOLE |  | 450 | 0 | 180 |
| ROKU INC | COM CL A | 77543R102 |  | 233579 | 2153 | SH |  | SOLE | Beacon Trust | 1802 | 0 | 351 |
| ROPER TECHNOLOGIES INC | COM | 776696106 |  | 1272627 | 2859 | SH |  | SOLE | Beacon Trust | 2859 | 0 | 0 |
| ROSS STORES INC | COM | 778296103 |  | 29158609 | 161866 | SH |  | SOLE | Beacon Trust | 151822 | 0 | 10044 |
| RTX CORPORATION | COM | 75513E101 |  | 12358797 | 67387 | SH |  | SOLE | Beacon Trust | 23437 | 0 | 43950 |
| SALESFORCE INC | COM | 79466L302 |  | 5394628 | 20364 | SH |  | SOLE | Beacon Trust | 9248 | 0 | 11116 |
| SCHWAB STRATEGIC TR | FUNDAMENTAL US L | 808524771 |  | 233190 | 8570 | SH |  | SOLE |  | 935 | 0 | 7635 |
| SCHWAB STRATEGIC TR | US LRG CAP ETF | 808524201 |  | 1008212 | 37466 | SH |  | SOLE |  | 11843 | 0 | 25623 |
| SEAGATE TECHNOLOGY HLDNGS PL | ORD SHS | G7997R103 |  | 1280839 | 4651 | SH |  | SOLE | Beacon Trust | 4550 | 0 | 101 |
| SELECT SECTOR SPDR TR | STATE STREET FIN | 81369Y605 |  | 386957 | 7065 | SH |  | SOLE |  | 4626 | 0 | 2439 |
| SELECT SECTOR SPDR TR | STATE STREET IND | 81369Y704 |  | 248658 | 1603 | SH |  | SOLE |  | 932 | 0 | 671 |
| SELECT SECTOR SPDR TR | STATE STREET TEC | 81369Y803 |  | 335190 | 2328 | SH |  | SOLE |  | 1460 | 0 | 868 |
| SELECT SECTOR SPDR TR | STATE STREET UTI | 81369Y886 |  | 214731 | 5030 | SH |  | SOLE |  | 0 | 0 | 5030 |
| SEMPRA | COM | 816851109 |  | 232556 | 2634 | SH |  | SOLE |  | 1702 | 0 | 932 |
| SERVICENOW INC | COM | 81762P102 |  | 7549663 | 49283 | SH |  | SOLE | Beacon Trust | 45608 | 0 | 3675 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 22024057 | 67969 | SH |  | SOLE | Beacon Trust | 64546 | 0 | 3423 |
| SHOPIFY INC | CL A SUB VTG SHS | 82509L107 |  | 378280 | 2350 | SH |  | SOLE | Beacon Trust | 2000 | 0 | 350 |
| SNAP ON INC | COM | 833034101 |  | 8247333 | 23933 | SH |  | SOLE | Beacon Trust | 17937 | 0 | 5996 |
| SOLSTICE ADVANCED MATLS INC | COM SHS | 83443Q103 |  | 492553 | 10139 | SH |  | SOLE | Beacon Trust | 5849 | 0 | 4290 |
| SOLVENTUM CORP | COM SHS | 83444M101 |  | 490813 | 6194 | SH |  | SOLE | Beacon Trust | 5884 | 0 | 310 |
| SOUTHERN COPPER CORP | COM | 84265V105 |  | 12718329 | 88648 | SH |  | SOLE | Beacon Trust | 63450 | 0 | 25198 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 982849 | 2480 | SH |  | SOLE | Beacon Trust | 2217 | 0 | 263 |
| SPDR S 500 ETF TR | PUT | 78462F103 |  | 1227456 | 1800 | PRN | Put | SOLE |  | 1800 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 31993825 | 46917 | SH |  | SOLE | Beacon Trust | 42675 | 0 | 4242 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A763 |  | 439468 | 3158 | SH |  | SOLE |  | 2863 | 0 | 295 |
| SPDR SERIES TRUST | STATE STREET SPD | 78468R663 |  | 319830 | 3500 | SH |  | SOLE |  | 3500 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 4403173 | 52288 | SH |  | SOLE |  | 14410 | 0 | 37878 |
| STRYKER CORPORATION | COM | 863667101 |  | 21156444 | 60194 | SH |  | SOLE | Beacon Trust | 56577 | 0 | 3617 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 14864780 | 48915 | SH |  | SOLE | Beacon Trust | 36878 | 0 | 12037 |
| TESLA INC | COM | 88160R101 |  | 345385 | 768 | SH |  | SOLE | Beacon Trust | 543 | 0 | 225 |
| TEXAS INSTRS INC | COM | 882508104 |  | 1024285 | 5904 | SH |  | SOLE | Beacon Trust | 5699 | 0 | 205 |
| TEXAS PACIFIC LAND CORPORATI | COM | 88262P102 |  | 320538 | 1116 | SH |  | SOLE | Beacon Trust | 0 | 0 | 1116 |
| THE TRADE DESK INC | COM CL A | 88339J105 |  | 4664639 | 122883 | SH |  | SOLE | Beacon Trust | 115029 | 0 | 7854 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 710986 | 1227 | SH |  | SOLE | Beacon Trust | 1018 | 0 | 209 |
| TJX COS INC NEW | COM | 872540109 |  | 46075017 | 299948 | SH |  | SOLE | Beacon Trust | 271698 | 0 | 28250 |
| TORONTO DOMINION BK ONT | COM NEW | 891160509 |  | 279115 | 2963 | SH |  | SOLE | Beacon Trust | 2963 | 0 | 0 |
| TRAVELERS COMPANIES INC | COM | 89417E109 |  | 301083 | 1038 | SH |  | SOLE |  | 492 | 0 | 546 |
| TRIMBLE INC | COM | 896239100 |  | 2267763 | 28944 | SH |  | SOLE | Beacon Trust | 19354 | 0 | 9590 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 10690773 | 130838 | SH |  | SOLE | Beacon Trust | 122586 | 0 | 8252 |
| UNILEVER PLC | SPON ADR NEW | 904767803 |  | 275073 | 4206 | SH |  | SOLE | Beacon Trust | 977 | 0 | 3229 |
| UNION PAC CORP | COM | 907818108 |  | 2173715 | 9397 | SH |  | SOLE | Beacon Trust | 8808 | 0 | 589 |
| UNITED RENTALS INC | COM | 911363109 |  | 6658276 | 8227 | SH |  | SOLE | Beacon Trust | 5841 | 0 | 2386 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 716339 | 2170 | SH |  | SOLE | Beacon Trust | 1701 | 0 | 469 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 6898427 | 42376 | SH |  | SOLE | Beacon Trust | 30977 | 0 | 11399 |
| VANGUARD BD INDEX FDS | SHORT TRM BOND | 921937827 |  | 750902 | 9528 | SH |  | SOLE | Beacon Trust | 2990 | 0 | 6538 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 |  | 9961622 | 134489 | SH |  | SOLE | Beacon Trust | 107984 | 0 | 26505 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 307376 | 630 | SH |  | SOLE |  | 334 | 0 | 296 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 526750 | 1815 | SH |  | SOLE | Beacon Trust | 1565 | 0 | 250 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 11886011 | 18953 | SH |  | SOLE | Beacon Trust | 18416 | 0 | 537 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 463982 | 1799 | SH |  | SOLE |  | 1483 | 0 | 316 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 177609307 | 529750 | SH |  | SOLE | Beacon Trust | 485360 | 0 | 44390 |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 |  | 2762137 | 37549 | SH |  | SOLE |  | 36677 | 0 | 872 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 12463880 | 231843 | SH |  | SOLE | Beacon Trust | 182714 | 0 | 49129 |
| VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 92206C409 |  | 65481330 | 821288 | SH |  | SOLE | Beacon Trust | 688777 | 0 | 132511 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 28187445 | 128253 | SH |  | SOLE | Beacon Trust | 107002 | 0 | 21251 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 57639624 | 922677 | SH |  | SOLE | Beacon Trust | 595757 | 0 | 326920 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 |  | 305698 | 2130 | SH |  | SOLE |  | 0 | 0 | 2130 |
| VANGUARD WHITEHALL FDS | INTL DVD ETF | 921946810 |  | 302424 | 3307 | SH |  | SOLE |  | 0 | 0 | 3307 |
| VANGUARD WORLD FD | ESG INTL STK ETF | 921910725 |  | 1167406 | 16300 | SH |  | SOLE |  | 5850 | 0 | 10450 |
| VANGUARD WORLD FD | INF TECH ETF | 92204A702 |  | 1297364 | 1721 | SH |  | SOLE |  | 1521 | 0 | 200 |
| VANGUARD WORLD FD | MEGA GRWTH IND | 921910816 |  | 340536 | 825 | SH |  | SOLE |  | 0 | 0 | 825 |
| VERALTO CORP | COM SHS | 92338C103 |  | 1470458 | 14737 | SH |  | SOLE |  | 6217 | 0 | 8520 |
| VERISIGN INC | COM | 92343E102 |  | 302230 | 1244 | SH |  | SOLE | Beacon Trust | 1211 | 0 | 33 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 614966 | 15099 | SH |  | SOLE | Beacon Trust | 10904 | 0 | 4195 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 |  | 33590803 | 74093 | SH |  | SOLE | Beacon Trust | 69653 | 0 | 4440 |
| VIATRIS INC | COM | 92556V106 |  | 590591 | 47437 | SH |  | SOLE | Beacon Trust | 46080 | 0 | 1357 |
| VISA INC | COM CL A | 92826C839 |  | 435263 | 1241 | SH |  | SOLE |  | 926 | 0 | 315 |
| VONTIER CORPORATION | COM | 928881101 |  | 364067 | 9792 | SH |  | SOLE | Beacon Trust | 9490 | 0 | 302 |
| WALMART INC | COM | 931142103 |  | 845240 | 7587 | SH |  | SOLE |  | 4275 | 0 | 3312 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 7659531 | 34862 | SH |  | SOLE | Beacon Trust | 25515 | 0 | 9347 |
| WILLIAMS SONOMA INC | COM | 969904101 |  | 3541083 | 19828 | SH |  | SOLE |  | 1900 | 0 | 17928 |
| WW GRAINGER INC | COM | 384802104 |  | 231073 | 229 | SH |  | SOLE |  | 217 | 0 | 12 |
| ZIONS BANCORPORATION N A | COM | 989701107 |  | 553379 | 9453 | SH |  | SOLE | Beacon Trust | 9235 | 0 | 218 |
| ZOETIS INC | CL A | 98978V103 |  | 285486 | 2269 | SH |  | SOLE | Beacon Trust | 1698 | 0 | 571 |

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