# EDGAR Filing Document

**Accession Number:** 0001717479
**File Stem:** 0001717479-23-000004
**Filing Date:** 2023-2
**Character Count:** 26855
**Document Hash:** 07b25bee127e4cdf4a01c208de2c3e3c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001717479-23-000004.hdr.sgml**: 20230214

**ACCESSION NUMBER**: 0001717479-23-000004

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230214

**DATE AS OF CHANGE**: 20230213

**EFFECTIVENESS DATE**: 20230214

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Redwood Investment Management, LLC
- **CENTRAL INDEX KEY:** 0001717479
- **IRS NUMBER:** 271950056
- **STATE OF INCORPORATION:** AZ
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-18341
- **FILM NUMBER:** 23620607

**BUSINESS ADDRESS:**
- **STREET 1:** 4110 N. SCOTTSDALE RD., STE 125
- **CITY:** SCOTTSDALE
- **STATE:** AZ
- **ZIP:** 85251
- **BUSINESS PHONE:** 3102728188

**MAIL ADDRESS:**
- **STREET 1:** 4110 N. SCOTTSDALE RD., STE 125
- **CITY:** SCOTTSDALE
- **STATE:** AZ
- **ZIP:** 85251

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**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:** Redwood Investment Management LLC<br>**Address:** 4110 N. SCOTTSDALE RD. STE 125<br>SCOTTSDALE, AZ 85251

**Form 13F File Number:** 028-18341

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** John Yung<br>**Title:** Chief Compliance Officer<br>**Phone:** 3102728188

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

John Yung  Scottsdale, AZ  02-13-2023<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:** 244

**Form 13F Information Table Value Total:** $754574

      (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 |
| Alcoa Corp | COM | 013872106 |  | 1462 | 32153 | SH |  | SOLE |  | 32153 | 0 | 0 |
| Apple Inc | COM | 037833100 |  | 8030 | 61799 | SH |  | SOLE |  | 61799 | 0 | 0 |
| AbbVie Inc | COM | 00287Y109 |  | 2227 | 13780 | SH |  | SOLE |  | 13780 | 0 | 0 |
| AECOM | COM | 00766T100 |  | 2896 | 34094 | SH |  | SOLE |  | 34094 | 0 | 0 |
| LeaderShares Activist Leaders | LEADERSHS ACTIVI | 90214Q717 |  | 10340 | 352663 | SH |  | SOLE |  | 352663 | 0 | 0 |
| Adobe Inc | COM | 00724F101 |  | 638 | 1897 | SH |  | SOLE |  | 1897 | 0 | 0 |
| Archer-Daniels-Midland Co | COM | 039483102 |  | 1513 | 16299 | SH |  | SOLE |  | 16299 | 0 | 0 |
| ADT Inc | COM | 00090Q103 |  | 1470 | 162075 | SH |  | SOLE |  | 162075 | 0 | 0 |
| Aflac Inc | COM | 001055102 |  | 1475 | 20500 | SH |  | SOLE |  | 20500 | 0 | 0 |
| iShares Core US Aggregate Bo | CORE US AGGBD ET | 464287226 |  | 2018 | 20804 | SH |  | SOLE |  | 20804 | 0 | 0 |
| American International Group I | COM NEW | 026874784 |  | 1472 | 23276 | SH |  | SOLE |  | 23276 | 0 | 0 |
| Allstate Corp | COM | 020002101 |  | 1474 | 10869 | SH |  | SOLE |  | 10869 | 0 | 0 |
| Ally Financial Inc | COM | 02005N100 |  | 5499 | 224925 | SH |  | SOLE |  | 224925 | 0 | 0 |
| Allison Transmission Holdings | COM | 01973R101 |  | 6984 | 167892 | SH |  | SOLE |  | 167892 | 0 | 0 |
| Ambac Financial Group Inc | COM NEW | 023139884 |  | 698 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| Amcor PLC | ORD | G0250X107 |  | 1787 | 150053 | SH |  | SOLE |  | 150053 | 0 | 0 |
| Advanced Micro Devices Inc | COM | 007903107 |  | 538 | 8300 | SH |  | SOLE |  | 8300 | 0 | 0 |
| Affiliated Managers Group Inc | COM | 008252108 |  | 1468 | 9268 | SH |  | SOLE |  | 9268 | 0 | 0 |
| Ameriprise Financial Inc | COM | 03076C106 |  | 1519 | 4880 | SH |  | SOLE |  | 4880 | 0 | 0 |
| Amazon Inc | COM | 023135106 |  | 2365 | 28156 | SH |  | SOLE |  | 28156 | 0 | 0 |
| AutoNation Inc | COM | 05329W102 |  | 1470 | 13698 | SH |  | SOLE |  | 13698 | 0 | 0 |
| APA Corp | COM | 03743Q108 |  | 7050 | 151034 | SH |  | SOLE |  | 151034 | 0 | 0 |
| Antero Resources Corp | COM | 03674X106 |  | 1491 | 48098 | SH |  | SOLE |  | 48098 | 0 | 0 |
| Broadcom Inc | COM | 11135F101 |  | 614 | 1098 | SH |  | SOLE |  | 1098 | 0 | 0 |
| Avnet Inc | COM | 053807103 |  | 1482 | 35646 | SH |  | SOLE |  | 35646 | 0 | 0 |
| Acuity Brands Inc | COM | 00508Y102 |  | 1460 | 8815 | SH |  | SOLE |  | 8815 | 0 | 0 |
| AutoZone Inc | COM | 053332102 |  | 1539 | 624 | SH |  | SOLE |  | 624 | 0 | 0 |
| Bath  Body Works Inc | COM | 070830104 |  | 2915 | 69163 | SH |  | SOLE |  | 69163 | 0 | 0 |
| Best Buy Co Inc | COM | 086516101 |  | 1708 | 21298 | SH |  | SOLE |  | 21298 | 0 | 0 |
| Bausch Health Cos Inc | COM | 071734107 |  | 2899 | 461645 | SH |  | SOLE |  | 461645 | 0 | 0 |
| Brighthouse Financial Inc | COM | 10922N103 |  | 1472 | 28718 | SH |  | SOLE |  | 28718 | 0 | 0 |
| Biogen Inc | COM | 09062X103 |  | 1514 | 5467 | SH |  | SOLE |  | 5467 | 0 | 0 |
| Builders FirstSource Inc | COM | 12008R107 |  | 1477 | 22763 | SH |  | SOLE |  | 22763 | 0 | 0 |
| Bristol-Myers Squibb Co | COM | 110122108 |  | 210 | 2916 | SH |  | SOLE |  | 2916 | 0 | 0 |
| Popular Inc | COM NEW | 733174700 |  | 7079 | 106746 | SH |  | SOLE |  | 106746 | 0 | 0 |
| Boston Properties Inc | COM | 101121101 |  | 1731 | 25617 | SH |  | SOLE |  | 25617 | 0 | 0 |
| Boyd Gaming Corp | COM | 103304101 |  | 7024 | 128804 | SH |  | SOLE |  | 128804 | 0 | 0 |
| Credit Acceptance Corp | COM | 225310101 |  | 1484 | 3128 | SH |  | SOLE |  | 3128 | 0 | 0 |
| Cardinal Health Inc | COM | 14149Y108 |  | 6999 | 91049 | SH |  | SOLE |  | 91049 | 0 | 0 |
| Avis Budget Group Inc | COM | 053774105 |  | 1480 | 9027 | SH |  | SOLE |  | 9027 | 0 | 0 |
| Caterpillar Inc | COM | 149123101 |  | 1577 | 6582 | SH |  | SOLE |  | 6582 | 0 | 0 |
| Chemours Co/The | COM | 163851108 |  | 1478 | 48272 | SH |  | SOLE |  | 48272 | 0 | 0 |
| Crown Holdings Inc | COM | 228368106 |  | 2870 | 34914 | SH |  | SOLE |  | 34914 | 0 | 0 |
| CF Industries Holdings Inc | COM | 125269100 |  | 1464 | 17186 | SH |  | SOLE |  | 17186 | 0 | 0 |
| Choice Hotels International In | COM | 169905106 |  | 5546 | 49239 | SH |  | SOLE |  | 49239 | 0 | 0 |
| Check Point Software Technolog | ORD | M22465104 |  | 2136 | 16930 | SH |  | SOLE |  | 16930 | 0 | 0 |
| CH Robinson Worldwide Inc | COM NEW | 12541W209 |  | 6962 | 76043 | SH |  | SOLE |  | 76043 | 0 | 0 |
| Cigna Corp | COM | 125523100 |  | 7069 | 21334 | SH |  | SOLE |  | 21334 | 0 | 0 |
| Colgate-Palmolive Co | COM | 194162103 |  | 868 | 11020 | SH |  | SOLE |  | 11020 | 0 | 0 |
| Cummins Inc | COM | 231021106 |  | 1794 | 7403 | SH |  | SOLE |  | 7403 | 0 | 0 |
| Centene Corp | COM | 15135B101 |  | 1480 | 18041 | SH |  | SOLE |  | 18041 | 0 | 0 |
| Conduent Inc | COM | 206787103 |  | 2825 | 697486 | SH |  | SOLE |  | 697486 | 0 | 0 |
| ConocoPhillips | COM | 20825C104 |  | 1685 | 14280 | SH |  | SOLE |  | 14280 | 0 | 0 |
| Salesforce Inc | COM | 79466L302 |  | 644 | 4854 | SH |  | SOLE |  | 4854 | 0 | 0 |
| Coterra Energy Inc | COM | 127097103 |  | 3071 | 124949 | SH |  | SOLE |  | 124949 | 0 | 0 |
| Chevron Corp | COM | 166764100 |  | 1912 | 10652 | SH |  | SOLE |  | 10652 | 0 | 0 |
| Dominion Energy Inc | COM | 25746U109 |  | 1844 | 30073 | SH |  | SOLE |  | 30073 | 0 | 0 |
| Dana Inc | COM | 235825205 |  | 2882 | 190474 | SH |  | SOLE |  | 190474 | 0 | 0 |
| Discover Financial Services | COM | 254709108 |  | 1481 | 15138 | SH |  | SOLE |  | 15138 | 0 | 0 |
| Quest Diagnostics Inc | COM | 74834L100 |  | 1479 | 9457 | SH |  | SOLE |  | 9457 | 0 | 0 |
| Danaher Corp | COM | 235851102 |  | 231 | 870 | SH |  | SOLE |  | 870 | 0 | 0 |
| HF Sinclair Corp | COM | 403949100 |  | 7018 | 135250 | SH |  | SOLE |  | 135250 | 0 | 0 |
| Dolby Laboratories Inc | COM CL A | 25659T107 |  | 5537 | 78498 | SH |  | SOLE |  | 78498 | 0 | 0 |
| Dow Inc | COM | 260557103 |  | 1814 | 36000 | SH |  | SOLE |  | 36000 | 0 | 0 |
| Duke Energy Corp | COM NEW | 26441C204 |  | 1877 | 18228 | SH |  | SOLE |  | 18228 | 0 | 0 |
| Devon Energy Corp | COM | 25179M103 |  | 1682 | 27341 | SH |  | SOLE |  | 27341 | 0 | 0 |
| LeaderShares Dynamic Yield ETF | LEADERSHARES DY | 90214Q675 |  | 5589 | 253148 | SH |  | SOLE |  | 253148 | 0 | 0 |
| Edison International | COM | 281020107 |  | 1783 | 28023 | SH |  | SOLE |  | 28023 | 0 | 0 |
| Equitable Holdings Inc | COM | 29452E101 |  | 1464 | 51013 | SH |  | SOLE |  | 51013 | 0 | 0 |
| Eagle Materials Inc | COM | 26969P108 |  | 1472 | 11078 | SH |  | SOLE |  | 11078 | 0 | 0 |
| Expeditors International of Wa | COM | 302130109 |  | 6924 | 66625 | SH |  | SOLE |  | 66625 | 0 | 0 |
| Diamondback Energy Inc | COM | 25278X109 |  | 1709 | 12495 | SH |  | SOLE |  | 12495 | 0 | 0 |
| First Citizens BancShares Inc | CL A | 31946M103 |  | 1486 | 1960 | SH |  | SOLE |  | 1960 | 0 | 0 |
| Fair Isaac Corp | COM | 303250104 |  | 1477 | 2468 | SH |  | SOLE |  | 2468 | 0 | 0 |
| Freshpet Inc | COM | 358039105 |  | 2930 | 55519 | SH |  | SOLE |  | 55519 | 0 | 0 |
| Fortinet Inc | COM | 34959E109 |  | 1521 | 31116 | SH |  | SOLE |  | 31116 | 0 | 0 |
| GoDaddy Inc | CL A | 380237107 |  | 4350 | 58138 | SH |  | SOLE |  | 58138 | 0 | 0 |
| Green Dot Corp | CL A | 39304D102 |  | 2906 | 183689 | SH |  | SOLE |  | 183689 | 0 | 0 |
| Gilead Sciences Inc | COM | 375558103 |  | 1942 | 22616 | SH |  | SOLE |  | 22616 | 0 | 0 |
| Corning Inc | COM | 219350105 |  | 1725 | 53992 | SH |  | SOLE |  | 53992 | 0 | 0 |
| Alphabet Inc | CAP STK CL C | 02079K107 |  | 635 | 7152 | SH |  | SOLE |  | 7152 | 0 | 0 |
| Alphabet Inc | CAP STK CL A | 02079K305 |  | 2192 | 24841 | SH |  | SOLE |  | 24841 | 0 | 0 |
| Hyatt Hotels Corp | COM CL A | 448579102 |  | 1485 | 16417 | SH |  | SOLE |  | 16417 | 0 | 0 |
| Hasbro Inc | COM | 418056107 |  | 1789 | 29327 | SH |  | SOLE |  | 29327 | 0 | 0 |
| HCA Healthcare Inc | COM | 40412C101 |  | 1512 | 6302 | SH |  | SOLE |  | 6302 | 0 | 0 |
| Home Depot Inc | COM | 437076102 |  | 1034 | 3273 | SH |  | SOLE |  | 3273 | 0 | 0 |
| Howard Hughes Corp | COM | 44267D107 |  | 2908 | 38059 | SH |  | SOLE |  | 38059 | 0 | 0 |
| Hartford Financial Services Gr | COM | 416515104 |  | 1471 | 19397 | SH |  | SOLE |  | 19397 | 0 | 0 |
| Hilton Worldwide Holdings Inc | COM | 43300A203 |  | 1477 | 11687 | SH |  | SOLE |  | 11687 | 0 | 0 |
| HP Inc | COM | 40434L105 |  | 8666 | 322518 | SH |  | SOLE |  | 322518 | 0 | 0 |
| H Block Inc | COM | 093671105 |  | 1498 | 41020 | SH |  | SOLE |  | 41020 | 0 | 0 |
| Huntsman Corp | COM | 447011107 |  | 5509 | 200461 | SH |  | SOLE |  | 200461 | 0 | 0 |
| International Business Machine | COM | 459200101 |  | 1725 | 12241 | SH |  | SOLE |  | 12241 | 0 | 0 |
| iShares Core MSCI Emerging Mar | CORE MSCI EMKT | 46434G103 |  | 32582 | 697690 | SH |  | SOLE |  | 697690 | 0 | 0 |
| iShares Core S Small-Cap ETF | CORE S SCP ETF | 464287804 |  | 10550 | 111474 | SH |  | SOLE |  | 111474 | 0 | 0 |
| Intel Corp | COM | 458140100 |  | 1661 | 62850 | SH |  | SOLE |  | 62850 | 0 | 0 |
| Intuit Inc | COM | 461202103 |  | 355 | 912 | SH |  | SOLE |  | 912 | 0 | 0 |
| Innoviva Inc | COM | 45781M101 |  | 2904 | 219172 | SH |  | SOLE |  | 219172 | 0 | 0 |
| International Paper Co | COM | 460146103 |  | 1736 | 50141 | SH |  | SOLE |  | 50141 | 0 | 0 |
| Interpublic Group of Cos Inc | COM | 460690100 |  | 1782 | 53502 | SH |  | SOLE |  | 53502 | 0 | 0 |
| Ironwood Pharmaceuticals Inc | COM CL A | 46333X108 |  | 2910 | 234859 | SH |  | SOLE |  | 234859 | 0 | 0 |
| Gartner Inc | COM | 366651107 |  | 1506 | 4481 | SH |  | SOLE |  | 4481 | 0 | 0 |
| Invesco Ltd | SHS | G491BT108 |  | 2895 | 160913 | SH |  | SOLE |  | 160913 | 0 | 0 |
| Jefferies Financial Group Inc | COM | 47233W109 |  | 1485 | 43318 | SH |  | SOLE |  | 43318 | 0 | 0 |
| Janus Henderson Group PLC | ORD SHS | G4474Y214 |  | 2888 | 122797 | SH |  | SOLE |  | 122797 | 0 | 0 |
| Johnson  Johnson | COM | 478160104 |  | 389 | 2200 | SH |  | SOLE |  | 2200 | 0 | 0 |
| JPMorgan Chase  Co | COM | 46625H100 |  | 507 | 3778 | SH |  | SOLE |  | 3778 | 0 | 0 |
| Kraft Heinz Co | COM | 500754106 |  | 1890 | 46426 | SH |  | SOLE |  | 46426 | 0 | 0 |
| KLA Corp | COM NEW | 482480100 |  | 1555 | 4125 | SH |  | SOLE |  | 4125 | 0 | 0 |
| Kimberly-Clark Corp | COM | 494368103 |  | 1857 | 13680 | SH |  | SOLE |  | 13680 | 0 | 0 |
| Kinder Morgan Inc | COM | 49456B101 |  | 1716 | 94887 | SH |  | SOLE |  | 94887 | 0 | 0 |
| Coca-Cola Co | COM | 191216100 |  | 219 | 3440 | SH |  | SOLE |  | 3440 | 0 | 0 |
| Loews Corp | COM | 540424108 |  | 1467 | 25149 | SH |  | SOLE |  | 25149 | 0 | 0 |
| LKQ Corp | COM | 501889208 |  | 6954 | 130203 | SH |  | SOLE |  | 130203 | 0 | 0 |
| Eli Lilly  Co | COM | 532457108 |  | 1072 | 2929 | SH |  | SOLE |  | 2929 | 0 | 0 |
| Limbach Holdings Inc | COM | 53263P105 |  | 291 | 28000 | SH |  | SOLE |  | 28000 | 0 | 0 |
| Lockheed Martin Corp | COM | 539830109 |  | 1584 | 3255 | SH |  | SOLE |  | 3255 | 0 | 0 |
| Grand Canyon Education Inc | COM | 38526M106 |  | 6927 | 65564 | SH |  | SOLE |  | 65564 | 0 | 0 |
| Lowe's Cos Inc | COM | 548661107 |  | 7462 | 37453 | SH |  | SOLE |  | 37453 | 0 | 0 |
| LivePerson Inc | COM | 538146101 |  | 2952 | 291087 | SH |  | SOLE |  | 291087 | 0 | 0 |
| Louisiana-Pacific Corp | COM | 546347105 |  | 1461 | 24682 | SH |  | SOLE |  | 24682 | 0 | 0 |
| iShares iBoxx $ Investment Gra | IBOXX INV CP ETF | 464287242 |  | 4342 | 41181 | SH |  | SOLE |  | 41181 | 0 | 0 |
| LeaderShares AlphaFactor US Co | LDRSHS ALPFACT | 90214Q774 |  | 18022 | 598912 | SH |  | SOLE |  | 598912 | 0 | 0 |
| LeaderShares AlphaFactor Tacti | LEADERSHS ALPHAF | 90214Q691 |  | 18952 | 613535 | SH |  | SOLE |  | 613535 | 0 | 0 |
| Landstar System Inc | COM | 515098101 |  | 1465 | 8995 | SH |  | SOLE |  | 8995 | 0 | 0 |
| Lamb Weston Holdings Inc | COM | 513272104 |  | 1483 | 16594 | SH |  | SOLE |  | 16594 | 0 | 0 |
| LyondellBasell Industries NV | SHS - A - | N53745100 |  | 1764 | 21248 | SH |  | SOLE |  | 21248 | 0 | 0 |
| Mastercard Inc | CL A | 57636Q104 |  | 814 | 2342 | SH |  | SOLE |  | 2342 | 0 | 0 |
| ManpowerGroup Inc | COM | 56418H100 |  | 5507 | 66176 | SH |  | SOLE |  | 66176 | 0 | 0 |
| Marriott International Inc | CL A | 571903202 |  | 1508 | 10126 | SH |  | SOLE |  | 10126 | 0 | 0 |
| McDonald's Corp | COM | 580135101 |  | 259 | 984 | SH |  | SOLE |  | 984 | 0 | 0 |
| McKesson Corp | COM | 58155Q103 |  | 1508 | 4020 | SH |  | SOLE |  | 4020 | 0 | 0 |
| Pediatrix Medical Group Inc | COM | 58502B106 |  | 2890 | 194450 | SH |  | SOLE |  | 194450 | 0 | 0 |
| Medtronic PLC | SHS | G5960L103 |  | 1819 | 23402 | SH |  | SOLE |  | 23402 | 0 | 0 |
| MDU Resources Group Inc | COM | 552690109 |  | 2873 | 94706 | SH |  | SOLE |  | 94706 | 0 | 0 |
| MetLife Inc | COM | 59156R108 |  | 1468 | 20284 | SH |  | SOLE |  | 20284 | 0 | 0 |
| Meta Platforms Inc | CL A | 30303M102 |  | 982 | 8158 | SH |  | SOLE |  | 8158 | 0 | 0 |
| 3M Co | COM | 88579Y101 |  | 1733 | 14453 | SH |  | SOLE |  | 14453 | 0 | 0 |
| Altria Group Inc | COM | 02209S103 |  | 1862 | 40733 | SH |  | SOLE |  | 40733 | 0 | 0 |
| Mosaic Co | COM | 61945C103 |  | 1478 | 33690 | SH |  | SOLE |  | 33690 | 0 | 0 |
| Marathon Petroleum Corp | COM | 56585A102 |  | 7011 | 60238 | SH |  | SOLE |  | 60238 | 0 | 0 |
| Mercury Systems Inc | COM | 589378108 |  | 2957 | 66100 | SH |  | SOLE |  | 66100 | 0 | 0 |
| Merck  Co Inc | COM | 58933Y105 |  | 385 | 3467 | SH |  | SOLE |  | 3467 | 0 | 0 |
| Moderna Inc | COM | 60770K107 |  | 1592 | 8863 | SH |  | SOLE |  | 8863 | 0 | 0 |
| Marathon Oil Corp | COM | 565849106 |  | 1508 | 55700 | SH |  | SOLE |  | 55700 | 0 | 0 |
| Morgan Stanley | COM NEW | 617446448 |  | 1477 | 17367 | SH |  | SOLE |  | 17367 | 0 | 0 |
| Microsoft Corp | COM | 594918104 |  | 6465 | 26958 | SH |  | SOLE |  | 26958 | 0 | 0 |
| MGIC Investment Corp | COM | 552848103 |  | 5510 | 423864 | SH |  | SOLE |  | 423864 | 0 | 0 |
| Newmont Corp | COM | 651639106 |  | 1853 | 39267 | SH |  | SOLE |  | 39267 | 0 | 0 |
| NRG Energy Inc | COM NEW | 629377508 |  | 1450 | 45583 | SH |  | SOLE |  | 45583 | 0 | 0 |
| Insight Enterprises Inc | COM | 45765U103 |  | 2902 | 28945 | SH |  | SOLE |  | 28945 | 0 | 0 |
| Nucor Corp | COM | 670346105 |  | 1512 | 11472 | SH |  | SOLE |  | 11472 | 0 | 0 |
| NVIDIA Corp | COM | 67066G104 |  | 1869 | 12787 | SH |  | SOLE |  | 12787 | 0 | 0 |
| Newell Brands Inc | COM | 651229106 |  | 4726 | 361287 | SH |  | SOLE |  | 361287 | 0 | 0 |
| Nexstar Media Group Inc | COMMON STOCK | 65336K103 |  | 1472 | 8408 | SH |  | SOLE |  | 8408 | 0 | 0 |
| New York Times Co | CL A | 650111107 |  | 2910 | 89635 | SH |  | SOLE |  | 89635 | 0 | 0 |
| Realty Income Corp | COM | 756109104 |  | 1841 | 29022 | SH |  | SOLE |  | 29022 | 0 | 0 |
| Owens Corning | COM | 690742101 |  | 6953 | 81509 | SH |  | SOLE |  | 81509 | 0 | 0 |
| Old Dominion Freight Line Inc | COM | 679580100 |  | 1498 | 5279 | SH |  | SOLE |  | 5279 | 0 | 0 |
| Organon  Co | COMMON STOCK | 68622V106 |  | 2012 | 72023 | SH |  | SOLE |  | 72023 | 0 | 0 |
| Olin Corp | COM PAR $1 | 680665205 |  | 1472 | 27805 | SH |  | SOLE |  | 27805 | 0 | 0 |
| Omnicom Group Inc | COM | 681919106 |  | 1885 | 23107 | SH |  | SOLE |  | 23107 | 0 | 0 |
| O'Reilly Automotive Inc | COM | 67103H107 |  | 1546 | 1832 | SH |  | SOLE |  | 1832 | 0 | 0 |
| Ovintiv Inc | COM | 69047Q102 |  | 1477 | 29118 | SH |  | SOLE |  | 29118 | 0 | 0 |
| Occidental Petroleum Corp | COM | 674599105 |  | 1548 | 24583 | SH |  | SOLE |  | 24583 | 0 | 0 |
| Bank OZK | COM | 06417N103 |  | 1467 | 36621 | SH |  | SOLE |  | 36621 | 0 | 0 |
| Penske Automotive Group Inc | COM | 70959W103 |  | 1470 | 12794 | SH |  | SOLE |  | 12794 | 0 | 0 |
| Paramount Global | CLASS B COM | 92556H206 |  | 1562 | 92508 | SH |  | SOLE |  | 92508 | 0 | 0 |
| PDC Energy Inc | COM | 69327R101 |  | 7025 | 110667 | SH |  | SOLE |  | 110667 | 0 | 0 |
| Healthpeak Properties Inc | COM | 42250P103 |  | 1751 | 69861 | SH |  | SOLE |  | 69861 | 0 | 0 |
| PepsiCo Inc | COM | 713448108 |  | 339 | 1879 | SH |  | SOLE |  | 1879 | 0 | 0 |
| Pfizer Inc | COM | 717081103 |  | 389 | 7587 | SH |  | SOLE |  | 7587 | 0 | 0 |
| Principal Financial Group Inc | COM | 74251V102 |  | 1460 | 17396 | SH |  | SOLE |  | 17396 | 0 | 0 |
| Procter  Gamble Co | COM | 742718109 |  | 270 | 1783 | SH |  | SOLE |  | 1783 | 0 | 0 |
| Polaris Inc | COM | 731068102 |  | 1479 | 14639 | SH |  | SOLE |  | 14639 | 0 | 0 |
| Palantir Technologies Inc | CL A | 69608A108 |  | 323 | 50295 | SH |  | SOLE |  | 50295 | 0 | 0 |
| Philip Morris International In | COM | 718172109 |  | 1984 | 19599 | SH |  | SOLE |  | 19599 | 0 | 0 |
| Pinnacle West Capital Corp | COM | 723484101 |  | 1788 | 23509 | SH |  | SOLE |  | 23509 | 0 | 0 |
| Post Holdings Inc | COM | 737446104 |  | 1472 | 16309 | SH |  | SOLE |  | 16309 | 0 | 0 |
| Pilgrim's Pride Corp | COM | 72147K108 |  | 6993 | 294671 | SH |  | SOLE |  | 294671 | 0 | 0 |
| Pure Storage Inc | CL A | 74624M102 |  | 1474 | 55075 | SH |  | SOLE |  | 55075 | 0 | 0 |
| Phillips 66 | COM | 718546104 |  | 1469 | 14118 | SH |  | SOLE |  | 14118 | 0 | 0 |
| Pioneer Natural Resources Co | COM | 723787107 |  | 1791 | 7840 | SH |  | SOLE |  | 7840 | 0 | 0 |
| Papa John's International Inc | COM | 698813102 |  | 2862 | 34771 | SH |  | SOLE |  | 34771 | 0 | 0 |
| QUALCOMM Inc | COM | 747525103 |  | 555 | 5046 | SH |  | SOLE |  | 5046 | 0 | 0 |
| Restaurant Brands Internationa | COM | 76131D103 |  | 2888 | 44651 | SH |  | SOLE |  | 44651 | 0 | 0 |
| Rent-A-Center Inc | COM | 76009N100 |  | 2899 | 128566 | SH |  | SOLE |  | 128566 | 0 | 0 |
| Range Resources Corp | COM | 75281A109 |  | 1482 | 59226 | SH |  | SOLE |  | 59226 | 0 | 0 |
| Reliance Steel  Aluminum Co | COM | 759509102 |  | 7004 | 34599 | SH |  | SOLE |  | 34599 | 0 | 0 |
| Schwab International Small-Cap | INTL SCEQT ETF | 808524888 |  | 8017 | 254753 | SH |  | SOLE |  | 254753 | 0 | 0 |
| Service Corp International | COM | 817565104 |  | 1467 | 21217 | SH |  | SOLE |  | 21217 | 0 | 0 |
| SLM Corp | COM | 78442P106 |  | 1472 | 88697 | SH |  | SOLE |  | 88697 | 0 | 0 |
| SPDR S 600 Small Cap Growth | S 600 SMCP GRW | 78464A201 |  | 3503 | 48421 | SH |  | SOLE |  | 48421 | 0 | 0 |
| SPDR S 600 Small CapValue ET | S 600 SMCP GRW | 78464A300 |  | 9346 | 125861 | SH |  | SOLE |  | 125861 | 0 | 0 |
| Snap-on Inc | COM | 833034101 |  | 1744 | 7631 | SH |  | SOLE |  | 7631 | 0 | 0 |
| Southern Co | COM | 842587107 |  | 1922 | 26918 | SH |  | SOLE |  | 26918 | 0 | 0 |
| SPDR Portfolio Emerging Market | PORTFOLIO EMG MK | 78463X509 |  | 11672 | 353277 | SH |  | SOLE |  | 353277 | 0 | 0 |
| Simon Property Group Inc | COM | 828806109 |  | 1795 | 15278 | SH |  | SOLE |  | 15278 | 0 | 0 |
| S Global Inc | COM | 78409V104 |  | 5506 | 16438 | SH |  | SOLE |  | 16438 | 0 | 0 |
| Splunk Inc | COM | 848637104 |  | 830 | 9644 | SH |  | SOLE |  | 9644 | 0 | 0 |
| SPDR Portfolio Long Term Treas | PORTFOLIO LN TSR | 78464A664 |  | 1529 | 52671 | SH |  | SOLE |  | 52671 | 0 | 0 |
| SPDR Portfolio S 500 Value E | PRTFLO S VL | 78464A508 |  | 4684 | 120418 | SH |  | SOLE |  | 120418 | 0 | 0 |
| LeaderShares Equity Skew ETF | LEADERSHS EQT | 90214Q683 |  | 14786 | 533602 | SH |  | SOLE |  | 533602 | 0 | 0 |
| Steel Dynamics Inc | COM | 858119100 |  | 1479 | 15139 | SH |  | SOLE |  | 15139 | 0 | 0 |
| Seagate Technology Holdings PL | ORD SHS | G7997R103 |  | 4761 | 90494 | SH |  | SOLE |  | 90494 | 0 | 0 |
| Stanley Black  Decker Inc | COM | 854502101 |  | 1716 | 22845 | SH |  | SOLE |  | 22845 | 0 | 0 |
| Southwest Gas Holdings Inc | COM | 844895102 |  | 2879 | 46521 | SH |  | SOLE |  | 46521 | 0 | 0 |
| Synchrony Financial | COM | 87165B103 |  | 5516 | 167864 | SH |  | SOLE |  | 167864 | 0 | 0 |
| AT Inc | COM | 00206R102 |  | 1747 | 94901 | SH |  | SOLE |  | 94901 | 0 | 0 |
| TreeHouse Foods Inc | COM | 89469A104 |  | 2896 | 58649 | SH |  | SOLE |  | 58649 | 0 | 0 |
| iShares 20 Year Treasury Bond | 20 YR TR BD ETF | 464287432 |  | 6195 | 62228 | SH |  | SOLE |  | 62228 | 0 | 0 |
| Thermo Fisher Scientific Inc | COM | 883556102 |  | 892 | 1619 | SH |  | SOLE |  | 1619 | 0 | 0 |
| Travel Leisure Co | COM | 894164102 |  | 5526 | 151812 | SH |  | SOLE |  | 151812 | 0 | 0 |
| Tesla Inc | COM | 88160R101 |  | 1292 | 10485 | SH |  | SOLE |  | 10485 | 0 | 0 |
| Textron Inc | COM | 883203101 |  | 1473 | 20800 | SH |  | SOLE |  | 20800 | 0 | 0 |
| Universal Health Services Inc | CL B | 913903100 |  | 1478 | 10491 | SH |  | SOLE |  | 10491 | 0 | 0 |
| UnitedHealth Group Inc | COM | 91324P102 |  | 1171 | 2208 | SH |  | SOLE |  | 2208 | 0 | 0 |
| Univar Solutions Inc | COM | 91336L107 |  | 1477 | 46460 | SH |  | SOLE |  | 46460 | 0 | 0 |
| United Parcel Service Inc | CL B | 911312106 |  | 1682 | 9678 | SH |  | SOLE |  | 9678 | 0 | 0 |
| United Rentals Inc | COM | 911363109 |  | 1474 | 4146 | SH |  | SOLE |  | 4146 | 0 | 0 |
| Visa Inc | COM | 92826C839 |  | 871 | 4190 | SH |  | SOLE |  | 4190 | 0 | 0 |
| Marriott Vacations Worldwide C | COM | 57164Y107 |  | 5514 | 40971 | SH |  | SOLE |  | 40971 | 0 | 0 |
| Vanguard Small-Cap ETF | SMALL CP ETF | 922908751 |  | 10544 | 57449 | SH |  | SOLE |  | 57449 | 0 | 0 |
| Vanguard FTSE Developed Market | VAN FTSE DEV MKT | 921943858 |  | 3367 | 80216 | SH |  | SOLE |  | 80216 | 0 | 0 |
| VF Corp | COM | 918204108 |  | 1549 | 56097 | SH |  | SOLE |  | 56097 | 0 | 0 |
| Vanguard Information Technolog | INF TECH ETF | 92204A702 |  | 662 | 2074 | SH |  | SOLE |  | 2074 | 0 | 0 |
| Valero Energy Corp | COM | 91913Y100 |  | 6967 | 54922 | SH |  | SOLE |  | 54922 | 0 | 0 |
| Vornado Realty Trust | SH BEN INT | 929042109 |  | 1478 | 71020 | SH |  | SOLE |  | 71020 | 0 | 0 |
| Vanguard S 500 ETF | S 500 ETF SHS | 922908363 |  | 3239 | 9218 | SH |  | SOLE |  | 9218 | 0 | 0 |
| Vanguard Mid-Cap Growth ETF | MCAP GR IDXVIP | 922908538 |  | 2630 | 14629 | SH |  | SOLE |  | 14629 | 0 | 0 |
| Voya Financial Inc | COM | 929089100 |  | 1463 | 23785 | SH |  | SOLE |  | 23785 | 0 | 0 |
| Vertiv Holdings Co | COM CL A | 92537N108 |  | 2966 | 217112 | SH |  | SOLE |  | 217112 | 0 | 0 |
| Vanguard FTSE All World ex-US | FTSE SMCAP ETF | 922042718 |  | 7884 | 76684 | SH |  | SOLE |  | 76684 | 0 | 0 |
| Vistra Corp | COM | 92840M102 |  | 1441 | 62123 | SH |  | SOLE |  | 62123 | 0 | 0 |
| Viatris Inc | COM | 92556V106 |  | 1841 | 165404 | SH |  | SOLE |  | 165404 | 0 | 0 |
| Vanguard FTSE Emerging Markets | FTSE EMR MKT ETF | 922042858 |  | 33792 | 866902 | SH |  | SOLE |  | 866902 | 0 | 0 |
| Verizon Communications Inc | COM | 92343V104 |  | 1837 | 46631 | SH |  | SOLE |  | 46631 | 0 | 0 |
| Walgreens Boots Alliance Inc | COM | 931427108 |  | 1639 | 43862 | SH |  | SOLE |  | 43862 | 0 | 0 |
| Wyndham Hotels  Resorts Inc | COM | 98311A105 |  | 5549 | 77814 | SH |  | SOLE |  | 77814 | 0 | 0 |
| Whirlpool Corp | COM | 963320106 |  | 1775 | 12550 | SH |  | SOLE |  | 12550 | 0 | 0 |
| WillScot Mobile Mini Holdings | COM CL A | 971378104 |  | 1478 | 32717 | SH |  | SOLE |  | 32717 | 0 | 0 |
| United States Steel Corp | COM | 912909108 |  | 1462 | 58358 | SH |  | SOLE |  | 58358 | 0 | 0 |
| Exxon Mobil Corp | COM | 30231G102 |  | 2098 | 19021 | SH |  | SOLE |  | 19021 | 0 | 0 |
| Xerox Holdings Corp | COM NEW | 98421M106 |  | 2912 | 199419 | SH |  | SOLE |  | 199419 | 0 | 0 |

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