# EDGAR Filing Document

**Accession Number:** 0001965941
**File Stem:** 0002085853-26-000197
**Filing Date:** 2026-2
**Character Count:** 23112
**Document Hash:** 351aebb393ff208fb8b834bb1f918322
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002085853-26-000197.hdr.sgml**: 20260204

**ACCESSION NUMBER**: 0002085853-26-000197

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260204

**DATE AS OF CHANGE**: 20260203

**EFFECTIVENESS DATE**: 20260204

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Bensler, LLC
- **CENTRAL INDEX KEY:** 0001965941

**ORGANIZATION NAME:**
- **EIN:** 711004774
- **STATE OF INCORPORATION:** WA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-23124
- **FILM NUMBER:** 26594923

**BUSINESS ADDRESS:**
- **STREET 1:** 10900 NE 8TH STREET
- **STREET 2:** 15TH FLOOR-SUITE 1550
- **CITY:** BELLEVUE
- **STATE:** WA
- **ZIP:** 98004
- **BUSINESS PHONE:** 425-452-1222

**MAIL ADDRESS:**
- **STREET 1:** 10900 NE 8TH STREET
- **STREET 2:** 15TH FLOOR-SUITE 1550
- **CITY:** BELLEVUE
- **STATE:** WA
- **ZIP:** 98004

### 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:** Bensler LLC<br>**Address:** 10900 NE 8th Street<br>15th Floor-Suite 1550<br>Bellevue, WA 98004

**Form 13F File Number:** 028-23124

**CRD Number (if applicable):** 000310849

**SEC File Number (if applicable):** 801-119764

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:** Sheila J. Lindsay<br>**Title:** Chief Compliance Officer<br>**Phone:** 425-452-1222

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

/s/ Sheila J. Lindsay  Bellevue, WA  02-03-2026<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:** 191

**Form 13F Information Table Value Total:** $998805186

      (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 |
| ADAMS DIVERSIFIED EQUITY FD | COM | 006212104 |  | 23033566 | 987718 | SH |  | SOLE |  | 3825 | 0 | 983893 |
| AERCAP HOLDINGS NV | SHS | N00985106 |  | 5946529 | 41364 | SH |  | SOLE |  | 189 | 0 | 41176 |
| ALASKA AIR GROUP INC | COM | 011659109 |  | 295161 | 5868 | SH |  | SOLE |  | 0 | 0 | 5868 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 36733785 | 117360 | SH |  | SOLE |  | 309 | 0 | 117051 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 3690649 | 11761 | SH |  | SOLE |  | 0 | 0 | 11761 |
| AMAZON COM INC | COM | 023135106 |  | 15378766 | 66627 | SH |  | SOLE |  | 43 | 0 | 66584 |
| AMBEV SA | SPONSORED ADR | 02319V103 |  | 29563 | 11969 | SH |  | SOLE |  | 0 | 0 | 11969 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 12779883 | 34545 | SH |  | SOLE |  | 59 | 0 | 34486 |
| APPLE INC | COM | 037833100 |  | 38147462 | 140320 | SH |  | SOLE |  | 161 | 0 | 140159 |
| APPLOVIN CORP | COM CL A | 03831W108 |  | 398899 | 592 | SH |  | SOLE |  | 0 | 0 | 592 |
| ARCH CAP GROUP LTD | ORD | G0450A105 |  | 2233025 | 23280 | SH |  | SOLE |  | 0 | 0 | 23280 |
| ARISTA NETWORKS INC | COM SHS | 040413205 |  | 6349724 | 48460 | SH |  | SOLE |  | 95 | 0 | 48365 |
| ASML HOLDING N V | N Y REGISTRY SHS | N07059210 |  | 3055937 | 2856 | SH |  | SOLE |  | 0 | 0 | 2856 |
| BANK AMERICA CORP | COM | 060505104 |  | 259770 | 4723 | SH |  | SOLE |  | 0 | 0 | 4723 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 2302137 | 4580 | SH |  | SOLE |  | 0 | 0 | 4580 |
| BLACKROCK ETF TRUST | ISHARES A I INNO | 09290C780 |  | 231795 | 6961 | SH |  | SOLE |  | 0 | 0 | 6961 |
| BOEING CO | COM | 097023105 |  | 513922 | 2367 | SH |  | SOLE |  | 0 | 0 | 2367 |
| BROADCOM INC | COM | 11135F101 |  | 11879518 | 34324 | SH |  | SOLE |  | 15 | 0 | 34309 |
| BWX TECHNOLOGIES INC | COM | 05605H100 |  | 7007768 | 40545 | SH |  | SOLE |  | 77 | 0 | 40468 |
| CALAMOS STRATEGIC TOTAL RETU | COM SH BEN INT | 128125101 |  | 20872323 | 1087101 | SH |  | SOLE |  | 1614 | 0 | 1085487 |
| CARRIER GLOBAL CORPORATION | COM | 14448C104 |  | 2070203 | 39179 | SH |  | SOLE |  | 0 | 0 | 39179 |
| CATERPILLAR INC | COM | 149123101 |  | 1065978 | 1861 | SH |  | SOLE |  | 0 | 0 | 1861 |
| CENCORA INC | COM | 03073E105 |  | 1815694 | 5376 | SH |  | SOLE |  | 54 | 0 | 5322 |
| CHIPOTLE MEXICAN GRILL INC | COM | 169656105 |  | 470529 | 12717 | SH |  | SOLE |  | 0 | 0 | 12717 |
| CINTAS CORP | COM | 172908105 |  | 13415021 | 71330 | SH |  | SOLE |  | 142 | 0 | 71188 |
| CION INVT CORP | COM | 17259U204 |  | 114746 | 11866 | SH |  | SOLE |  | 0 | 0 | 11866 |
| CISCO SYS INC | COM | 17275R102 |  | 223908 | 2907 | SH |  | SOLE |  | 0 | 0 | 2907 |
| COCA COLA CO | COM | 191216100 |  | 354060 | 5064 | SH |  | SOLE |  | 0 | 0 | 5064 |
| COLUMBIA ETF TR I | RESH ENHNC COR | 19761L706 |  | 9884867 | 242039 | SH |  | SOLE |  | 1045 | 0 | 240994 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 9666598 | 11210 | SH |  | SOLE |  | 0 | 0 | 11210 |
| DECKERS OUTDOOR CORP | COM | 243537107 |  | 9850622 | 95019 | SH |  | SOLE |  | 200 | 0 | 94819 |
| EATON CORP PLC | SHS | G29183103 |  | 334083 | 1049 | SH |  | SOLE |  | 0 | 0 | 1049 |
| ELI LILLY  CO | COM | 532457108 |  | 21150608 | 19681 | SH |  | SOLE |  | 34 | 0 | 19647 |
| EMCOR GROUP INC | COM | 29084Q100 |  | 401433 | 656 | SH |  | SOLE |  | 0 | 0 | 656 |
| EMERSON ELEC CO | COM | 291011104 |  | 2383883 | 17962 | SH |  | SOLE |  | 0 | 0 | 17962 |
| ENEL CHILE S.A. | SPONSORED ADR | 29278D105 |  | 98796 | 24576 | SH |  | SOLE |  | 0 | 0 | 24576 |
| ENTERGY CORP NEW | COM | 29364G103 |  | 3358373 | 36335 | SH |  | SOLE |  | 0 | 0 | 36335 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 234709 | 1950 | SH |  | SOLE |  | 0 | 0 | 1950 |
| FIDELITY COVINGTON TRUST | ENHANCED LARGE | 31609A305 |  | 332676 | 7978 | SH |  | SOLE |  | 0 | 0 | 7978 |
| FIDELITY COVINGTON TRUST | ENHANCED LARGE | 31609A107 |  | 227670 | 6569 | SH |  | SOLE |  | 0 | 0 | 6569 |
| FIRST NORTHWEST BANCORP | COM | 335834107 |  | 120702 | 12868 | SH |  | SOLE |  | 0 | 0 | 12868 |
| FIRST TR EXCHANGE TRADED FD | NASDAQ CYB ETF | 33734X846 |  | 777211 | 10878 | SH |  | SOLE |  | 0 | 0 | 10878 |
| FIRST TR EXCHANGE TRADED FD | TECH ALPHADEX | 33734X176 |  | 200253 | 1190 | SH |  | SOLE |  | 0 | 0 | 1190 |
| FIRST TR EXCHANGE-TRADED ALP | COM SHS | 33735B108 |  | 528003 | 4191 | SH |  | SOLE |  | 16 | 0 | 4175 |
| FIRST TR EXCHANGE-TRADED FD | DJ INTERNT IDX | 33733E302 |  | 1126788 | 4186 | SH |  | SOLE |  | 0 | 0 | 4186 |
| FIRST TR EXCHANGE-TRADED FD | SHS | 336917109 |  | 226466 | 5107 | SH |  | SOLE |  | 0 | 0 | 5107 |
| FIRST TR EXCHANGE-TRADED FD | EIP POWER SOLUTI | 33738D705 |  | 602747 | 18244 | SH |  | SOLE |  | 200 | 0 | 18044 |
| FIRST TR EXCHNG TRADED FD VI | SMITH UNCONSTRAI | 33740F888 |  | 18024549 | 716112 | SH |  | SOLE |  | 1504 | 0 | 714608 |
| FLUOR CORP NEW | COM | 343412102 |  | 768822 | 19400 | SH |  | SOLE |  | 0 | 0 | 19400 |
| FORD MTR CO | COM | 345370860 |  | 146258 | 11148 | SH |  | SOLE |  | 0 | 0 | 11148 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 329170 | 6481 | SH |  | SOLE |  | 0 | 0 | 6481 |
| GE AEROSPACE | COM NEW | 369604301 |  | 976335 | 3170 | SH |  | SOLE |  | 0 | 0 | 3170 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 221643 | 658 | SH |  | SOLE |  | 0 | 0 | 658 |
| GLOBAL X FDS | NASDAQ 100 COVER | 37954Y483 |  | 1111250 | 62889 | SH |  | SOLE |  | 0 | 0 | 62889 |
| GLOBAL X FDS | DEFENSE TECH ETF | 37960A529 |  | 21541295 | 332479 | SH |  | SOLE |  | 1208 | 0 | 331271 |
| GLOBAL X FDS | U S ELECTRIFICAT | 37960A370 |  | 28807851 | 991322 | SH |  | SOLE |  | 1521 | 0 | 989801 |
| GLOBAL X FDS | S 500 COVERED | 37954Y475 |  | 640592 | 15766 | SH |  | SOLE |  | 0 | 0 | 15766 |
| GLOBAL X FDS | GLOBAL X URANIUM | 37954Y871 |  | 16324060 | 382028 | SH |  | SOLE |  | 599 | 0 | 381429 |
| GLOBAL X FDS | US INFR DEV ETF | 37954Y673 |  | 982516 | 20559 | SH |  | SOLE |  | 0 | 0 | 20559 |
| GOLDMAN SACHS ETF TR | MARKETBETA US EQ | 381430123 |  | 1125797 | 11926 | SH |  | SOLE |  | 44 | 0 | 11882 |
| GOLDMAN SACHS ETF TR | NASDAQ-100 PREMI | 38149W630 |  | 11761897 | 222468 | SH |  | SOLE |  | 386 | 0 | 222082 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 532674 | 606 | SH |  | SOLE |  | 0 | 0 | 606 |
| HARTFORD FDS EXCHANGE TRADED | TOTAL RTRN ETF | 41653L305 |  | 14604701 | 427663 | SH |  | SOLE |  | 374 | 0 | 427289 |
| HERITAGE FINL CORP WASH | COM | 42722X106 |  | 483645 | 20450 | SH |  | SOLE |  | 0 | 0 | 20450 |
| INTERDIGITAL INC | COM | 45867G101 |  | 222585 | 699 | SH |  | SOLE |  | 0 | 0 | 699 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 1970371 | 3479 | SH |  | SOLE |  | 0 | 0 | 3479 |
| INVESCO EXCH TRADED FD TR II | DORSEY WRGT DVLP | 46138E875 |  | 269510 | 5502 | SH |  | SOLE |  | 23 | 0 | 5479 |
| INVESCO EXCH TRADED FD TR II | NASDAQ 100 ETF | 46138G649 |  | 5247634 | 20748 | SH |  | SOLE |  | 104 | 0 | 20644 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 18840739 | 30670 | SH |  | SOLE |  | 0 | 0 | 30670 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 |  | 6146678 | 75726 | SH |  | SOLE |  | 2481 | 0 | 73245 |
| ISHARES TR | ESG MSCI KLD 400 | 464288570 |  | 1387242 | 10768 | SH |  | SOLE |  | 68 | 0 | 10700 |
| ISHARES TR | SELECT DIVID ETF | 464287168 |  | 2161711 | 15316 | SH |  | SOLE |  | 0 | 0 | 15316 |
| ISHARES TR | U.S. TECH ETF | 464287721 |  | 553141 | 2770 | SH |  | SOLE |  | 0 | 0 | 2770 |
| ISHARES TR | CORE UNIVRSL USD | 46434V613 |  | 14971319 | 321687 | SH |  | SOLE |  | 276 | 0 | 321411 |
| ISHARES TR | CORE MSCI INTL | 46435G326 |  | 398909 | 4836 | SH |  | SOLE |  | 0 | 0 | 4836 |
| ISHARES TR | MSCI INDIA ETF | 46429B598 |  | 531581 | 9835 | SH |  | SOLE |  | 0 | 0 | 9835 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 1947440 | 7911 | SH |  | SOLE |  | 0 | 0 | 7911 |
| ISHARES TR | S 500 GRWT ETF | 464287309 |  | 2193686 | 17797 | SH |  | SOLE |  | 0 | 0 | 17797 |
| ISHARES TR | CORE S ETF | 464287200 |  | 913440 | 1334 | SH |  | SOLE |  | 0 | 0 | 1334 |
| ISHARES TR | US HLTHCR PR ETF | 464288828 |  | 374427 | 7810 | SH |  | SOLE |  | 0 | 0 | 7810 |
| ISHARES TR | RUS MID CAP ETF | 464287499 |  | 750406 | 7795 | SH |  | SOLE |  | 0 | 0 | 7795 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 2196932 | 4642 | SH |  | SOLE |  | 0 | 0 | 4642 |
| ISHARES TR | MSCI ACWI EX US | 464288240 |  | 250396 | 3730 | SH |  | SOLE |  | 0 | 0 | 3730 |
| ISHARES TR | SP SMCP600VL ETF | 464287879 |  | 267661 | 2354 | SH |  | SOLE |  | 0 | 0 | 2354 |
| ISHARES TR | RUS MD CP GR ETF | 464287481 |  | 693995 | 5068 | SH |  | SOLE |  | 0 | 0 | 5068 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 |  | 1636271 | 7779 | SH |  | SOLE |  | 0 | 0 | 7779 |
| ISHARES TR | RUS 1000 ETF | 464287622 |  | 6468906 | 17322 | SH |  | SOLE |  | 0 | 0 | 17322 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 |  | 2826176 | 35051 | SH |  | SOLE |  | 170 | 0 | 34881 |
| ISHARES TR | PFD AND INCM SEC | 464288687 |  | 209638 | 6771 | SH |  | SOLE |  | 0 | 0 | 6771 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 201983 | 2103 | SH |  | SOLE |  | 0 | 0 | 2103 |
| ISHARES TR | RUS MDCP VAL ETF | 464287473 |  | 607954 | 4310 | SH |  | SOLE |  | 0 | 0 | 4310 |
| ISHARES TR | S MC 400GR ETF | 464287606 |  | 339468 | 3504 | SH |  | SOLE |  | 0 | 0 | 3504 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 2406472 | 36462 | SH |  | SOLE |  | 0 | 0 | 36462 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 401401 | 3340 | SH |  | SOLE |  | 0 | 0 | 3340 |
| ISHARES TR | S SML 600 GWT | 464287887 |  | 261460 | 1852 | SH |  | SOLE |  | 0 | 0 | 1852 |
| ISHARES TR | RUS 2000 GRW ETF | 464287648 |  | 606680 | 1878 | SH |  | SOLE |  | 0 | 0 | 1878 |
| J P MORGAN EXCHANGE TRADED F | BETABUILDERS US | 46641Q241 |  | 227555 | 4902 | SH |  | SOLE |  | 0 | 0 | 4902 |
| JANUS DETROIT STR TR | HENDRSN SHRT ETF | 47103U886 |  | 4589674 | 93400 | SH |  | SOLE |  | 161 | 0 | 93239 |
| JANUS DETROIT STR TR | HENDRSON AAA CL | 47103U845 |  | 6098906 | 120579 | SH |  | SOLE |  | 4919 | 0 | 115660 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 298599 | 1443 | SH |  | SOLE |  | 0 | 0 | 1443 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 911267 | 2828 | SH |  | SOLE |  | 0 | 0 | 2828 |
| KEY TRONIC CORP | COM | 493144109 |  | 92363 | 33105 | SH |  | SOLE |  | 0 | 0 | 33105 |
| KLA CORP | COM NEW | 482480100 |  | 25020753 | 20592 | SH |  | SOLE |  | 40 | 0 | 20552 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 400561 | 2340 | SH |  | SOLE |  | 0 | 0 | 2340 |
| LIBERTY ALL STAR EQUITY FD | SH BEN INT | 530158104 |  | 155643 | 24784 | SH |  | SOLE |  | 1 | 0 | 24783 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 10685377 | 22092 | SH |  | SOLE |  | 43 | 0 | 22049 |
| MCDONALDS CORP | COM | 580135101 |  | 205383 | 672 | SH |  | SOLE |  | 0 | 0 | 672 |
| MERCADOLIBRE INC | COM | 58733R102 |  | 9392927 | 4663 | SH |  | SOLE |  | 6 | 0 | 4657 |
| META PLATFORMS INC | CL A | 30303M102 |  | 10155940 | 15386 | SH |  | SOLE |  | 25 | 0 | 15361 |
| MICROSOFT CORP | COM | 594918104 |  | 52197151 | 107930 | SH |  | SOLE |  | 83 | 0 | 107847 |
| MORGAN STANLEY ETF TRUST | EATON VANCE MORT | 61774R767 |  | 35872326 | 707053 | SH |  | SOLE |  | 2800 | 0 | 704253 |
| NASDAQ INC | COM | 631103108 |  | 3998552 | 41167 | SH |  | SOLE |  | 0 | 0 | 41167 |
| NETFLIX INC | COM | 64110L106 |  | 17650139 | 188248 | SH |  | SOLE |  | 450 | 0 | 187798 |
| NU HLDGS LTD | ORD SHS CL A | G6683N103 |  | 2075591 | 123988 | SH |  | SOLE |  | 0 | 0 | 123988 |
| NUSHARES ETF TR | NUVEEN ESG SMLCP | 67092P607 |  | 546341 | 12236 | SH |  | SOLE |  | 88 | 0 | 12148 |
| NUVEEN REAL ASSET INCOME  G | COM | 67074Y105 |  | 192161 | 14119 | SH |  | SOLE |  | 0 | 0 | 14119 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 52082335 | 279261 | SH |  | SOLE |  | 470 | 0 | 278791 |
| OKLO INC | COM CL A | 02156V109 |  | 572285 | 7975 | SH |  | SOLE |  | 0 | 0 | 7975 |
| OLD DOMINION FREIGHT LINE IN | COM | 679580100 |  | 9070824 | 57850 | SH |  | SOLE |  | 145 | 0 | 57704 |
| ONEOK INC NEW | COM | 682680103 |  | 381473 | 5190 | SH |  | SOLE |  | 0 | 0 | 5190 |
| ORACLE CORP | COM | 68389X105 |  | 253666 | 1301 | SH |  | SOLE |  | 0 | 0 | 1301 |
| PACCAR INC | COM | 693718108 |  | 220308 | 2012 | SH |  | SOLE |  | 0 | 0 | 2012 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 12934769 | 70221 | SH |  | SOLE |  | 157 | 0 | 70064 |
| PGIM ETF TR | ACTV HY BD ETF | 69344A206 |  | 246516 | 6948 | SH |  | SOLE |  | 34 | 0 | 6914 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 248571 | 1550 | SH |  | SOLE |  | 0 | 0 | 1550 |
| PIMCO DYNAMIC INCOME FD | SHS | 72201Y101 |  | 8892243 | 502103 | SH |  | SOLE |  | 1209 | 0 | 500894 |
| PRINCIPAL EXCHANGE TRADED FD | SPECTRUM PFD | 74255Y888 |  | 13490184 | 707404 | SH |  | SOLE |  | 1104 | 0 | 706300 |
| PROGRESSIVE CORP | COM | 743315103 |  | 16427220 | 72138 | SH |  | SOLE |  | 159 | 0 | 71979 |
| QUANTA SVCS INC | COM | 74762E102 |  | 4598760 | 10896 | SH |  | SOLE |  | 8 | 0 | 10888 |
| RBB FUND TRUST | FIRST EAGLE GBL | 75526L886 |  | 545288 | 11847 | SH |  | SOLE |  | 0 | 0 | 11847 |
| REPUBLIC SVCS INC | COM | 760759100 |  | 4538599 | 21416 | SH |  | SOLE |  | 0 | 0 | 21416 |
| ROKU INC | COM CL A | 77543R102 |  | 1826010 | 16831 | SH |  | SOLE |  | 0 | 0 | 16831 |
| SALESFORCE INC | COM | 79466L302 |  | 364516 | 1376 | SH |  | SOLE |  | 0 | 0 | 1376 |
| SCHWAB STRATEGIC TR | US MID-CAP ETF | 808524508 |  | 2388423 | 79429 | SH |  | SOLE |  | 0 | 0 | 79429 |
| SCHWAB STRATEGIC TR | US LCAP GR ETF | 808524300 |  | 3485398 | 106849 | SH |  | SOLE |  | 0 | 0 | 106849 |
| SCHWAB STRATEGIC TR | US SML CAP ETF | 808524607 |  | 1661076 | 58324 | SH |  | SOLE |  | 0 | 0 | 58324 |
| SCHWAB STRATEGIC TR | US AGGREGATE B | 808524839 |  | 205403 | 8789 | SH |  | SOLE |  | 0 | 0 | 8789 |
| SCHWAB STRATEGIC TR | US LCAP VA ETF | 808524409 |  | 289816 | 9788 | SH |  | SOLE |  | 0 | 0 | 9788 |
| SCHWAB STRATEGIC TR | INTL EQTY ETF | 808524805 |  | 650942 | 27077 | SH |  | SOLE |  | 0 | 0 | 27077 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 |  | 5435866 | 198172 | SH |  | SOLE |  | 0 | 0 | 198172 |
| SCHWAB STRATEGIC TR | EMRG MKTEQ ETF | 808524706 |  | 381850 | 11659 | SH |  | SOLE |  | 0 | 0 | 11659 |
| SEAGATE TECHNOLOGY HLDNGS PL | ORD SHS | G7997R103 |  | 567458 | 2061 | SH |  | SOLE |  | 0 | 0 | 2061 |
| SELECT SECTOR SPDR TR | STATE STREET CON | 81369Y407 |  | 409386 | 3428 | SH |  | SOLE |  | 0 | 0 | 3428 |
| SELECT SECTOR SPDR TR | STATE STREET ENE | 81369Y506 |  | 352195 | 7877 | SH |  | SOLE |  | 0 | 0 | 7877 |
| SELECT SECTOR SPDR TR | STATE STREET HEA | 81369Y209 |  | 350796 | 2266 | SH |  | SOLE |  | 0 | 0 | 2266 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 224073 | 692 | SH |  | SOLE |  | 0 | 0 | 692 |
| SOFI TECHNOLOGIES INC | COM | 83406F102 |  | 456841 | 17450 | SH |  | SOLE |  | 0 | 0 | 17450 |
| SPDR DOW JONES INDL AVERAGE | UT SER 1 | 78467X109 |  | 628274 | 1307 | SH |  | SOLE |  | 0 | 0 | 1307 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 1248380 | 3150 | SH |  | SOLE |  | 0 | 0 | 3150 |
| SPDR INDEX SHS FDS | EURO STOXX 50 | 78463X202 |  | 21539440 | 334515 | SH |  | SOLE |  | 506 | 0 | 334009 |
| SPDR INDEX SHS FDS | PORTFOLIO EMG MK | 78463X509 |  | 201596 | 4307 | SH |  | SOLE |  | 0 | 0 | 4307 |
| SPDR INDEX SHS FDS | PORTFOLIO DEVLPD | 78463X889 |  | 6883567 | 155000 | SH |  | SOLE |  | 0 | 0 | 155000 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 13744597 | 20156 | SH |  | SOLE |  | 0 | 0 | 20156 |
| SPDR S MIDCAP 400 ETF TR | UTSER1 S | 78467Y107 |  | 281234 | 466 | SH |  | SOLE |  | 0 | 0 | 466 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A508 |  | 8697056 | 153090 | SH |  | SOLE |  | 0 | 0 | 153090 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A763 |  | 207046 | 1488 | SH |  | SOLE |  | 0 | 0 | 1488 |
| SPDR SERIES TRUST | STATE STREET SPD | 78468R853 |  | 7483019 | 159689 | SH |  | SOLE |  | 0 | 0 | 159689 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A805 |  | 13853253 | 167918 | SH |  | SOLE |  | 0 | 0 | 167918 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A847 |  | 13362677 | 230749 | SH |  | SOLE |  | 1131 | 0 | 229618 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A409 |  | 224814 | 2107 | SH |  | SOLE |  | 0 | 0 | 2107 |
| SPDR SERIES TRUST | STATE STREET SPD | 78468R606 |  | 13513562 | 570915 | SH |  | SOLE |  | 16 | 0 | 570899 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A649 |  | 20246118 | 786255 | SH |  | SOLE |  | 553 | 0 | 785702 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A854 |  | 1439818 | 17948 | SH |  | SOLE |  | 0 | 0 | 17948 |
| STARBUCKS CORP | COM | 855244109 |  | 627991 | 7457 | SH |  | SOLE |  | 0 | 0 | 7457 |
| T ROWE PRICE ETF INC | CAP APPRECIATION | 87283Q867 |  | 579731 | 15168 | SH |  | SOLE |  | 0 | 0 | 15168 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 422641 | 1391 | SH |  | SOLE |  | 0 | 0 | 1391 |
| TCW ETF TRUST | FLEXIBLE INCOME | 29287L700 |  | 238590 | 6025 | SH |  | SOLE |  | 39 | 0 | 5986 |
| TESLA INC | COM | 88160R101 |  | 3688606 | 8202 | SH |  | SOLE |  | 0 | 0 | 8202 |
| TRAVELERS COMPANIES INC | COM | 89417E109 |  | 203170 | 700 | SH |  | SOLE |  | 0 | 0 | 700 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 10889099 | 133265 | SH |  | SOLE |  | 313 | 0 | 132952 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 5967298 | 18077 | SH |  | SOLE |  | 0 | 0 | 18077 |
| VANECK ETF TRUST | GOLD MINERS ETF | 92189F106 |  | 214425 | 2500 | SH |  | SOLE |  | 0 | 0 | 2500 |
| VANECK ETF TRUST | IG FLOATING RATE | 92189F486 |  | 8687550 | 340956 | SH |  | SOLE |  | 314 | 0 | 340642 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 248469 | 2808 | SH |  | SOLE |  | 0 | 0 | 2808 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 282887 | 580 | SH |  | SOLE |  | 0 | 0 | 580 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 288567 | 1119 | SH |  | SOLE |  | 0 | 0 | 1119 |
| VANGUARD INDEX FDS | LARGE CAP ETF | 922908637 |  | 742298 | 2358 | SH |  | SOLE |  | 0 | 0 | 2358 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 398692 | 1189 | SH |  | SOLE |  | 45 | 0 | 1144 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 2180685 | 3477 | SH |  | SOLE |  | 0 | 0 | 3477 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 293912 | 1013 | SH |  | SOLE |  | 0 | 0 | 1013 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 629231 | 2863 | SH |  | SOLE |  | 0 | 0 | 2863 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 328265 | 5255 | SH |  | SOLE |  | 0 | 0 | 5255 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 |  | 1879054 | 13093 | SH |  | SOLE |  | 0 | 0 | 13093 |
| VANGUARD WORLD FD | INF TECH ETF | 92204A702 |  | 1189115 | 1578 | SH |  | SOLE |  | 0 | 0 | 1578 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 |  | 3964947 | 8746 | SH |  | SOLE |  | 0 | 0 | 8746 |
| VERTIV HOLDINGS CO | COM CL A | 92537N108 |  | 3227073 | 19919 | SH |  | SOLE |  | 28 | 0 | 19891 |
| VICTORY PORTFOLIOS II | SHORT TRM BD ETF | 92647N535 |  | 7855167 | 154508 | SH |  | SOLE |  | 157 | 0 | 154351 |
| VISA INC | COM CL A | 92826C839 |  | 6505156 | 18549 | SH |  | SOLE |  | 0 | 0 | 18549 |
| VISTRA CORP | COM | 92840M102 |  | 14092591 | 87353 | SH |  | SOLE |  | 199 | 0 | 87154 |
| WALMART INC | COM | 931142103 |  | 6273652 | 56311 | SH |  | SOLE |  | 0 | 0 | 56311 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 215498 | 981 | SH |  | SOLE |  | 0 | 0 | 981 |

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