# EDGAR Filing Document

**Accession Number:** 0001874068
**File Stem:** 0001172661-23-000277
**Filing Date:** 2023-1
**Character Count:** 11246
**Document Hash:** 8581959a84ae67ab8cdad9f09603e0a6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001172661-23-000277.hdr.sgml**: 20230124

**ACCESSION NUMBER**: 0001172661-23-000277

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230124

**DATE AS OF CHANGE**: 20230124

**EFFECTIVENESS DATE**: 20230124

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Derbend Asset Management
- **CENTRAL INDEX KEY:** 0001874068
- **IRS NUMBER:** 833759061
- **STATE OF INCORPORATION:** GA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-21306
- **FILM NUMBER:** 23548085

**BUSINESS ADDRESS:**
- **STREET 1:** 525 CLUBHOUSE DRIVE
- **STREET 2:** SUITE 100
- **CITY:** PEACHTREE CITY
- **STATE:** GA
- **ZIP:** 30269
- **BUSINESS PHONE:** 770-631-4007

**MAIL ADDRESS:**
- **STREET 1:** 525 CLUBHOUSE DRIVE
- **STREET 2:** SUITE 100
- **CITY:** PEACHTREE CITY
- **STATE:** GA
- **ZIP:** 30269

### 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:** Derbend Asset Management<br>**Address:** 525 Clubhouse Drive<br>Suite 100<br>Peachtree City, GA 30269

**Form 13F File Number:** 028-21306

**CRD Number (if applicable):** 000124463

**SEC File Number (if applicable):** 801-119411

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:** Brian Chustz<br>**Title:** Chief Compliance Officer<br>**Phone:** 770-631-4007

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

/s/ Brian Chustz  Peachtree City, GA  01-24-2023<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:** 76

**Form 13F Information Table Value Total:** $125327196

      (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 |
| ABBVIE INC | COM | 00287Y109 |  | 671844 | 4157 | SH |  | SOLE |  | 4157 | 0 | 0 |
| AKAMAI TECHNOLOGIES INC | COM | 00971T101 |  | 544325 | 6457 | SH |  | SOLE |  | 6457 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 876652 | 9880 | SH |  | SOLE |  | 9880 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 950712 | 11318 | SH |  | SOLE |  | 11318 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 901761 | 6103 | SH |  | SOLE |  | 6103 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 5328319 | 41009 | SH |  | SOLE |  | 41009 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 349207 | 18968 | SH |  | SOLE |  | 18968 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 523110 | 2184 | SH |  | SOLE |  | 2184 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 706465 | 3936 | SH |  | SOLE |  | 3936 | 0 | 0 |
| CINTAS CORP | COM | 172908105 |  | 348651 | 772 | SH |  | SOLE |  | 772 | 0 | 0 |
| CORTEVA INC | COM | 22052L104 |  | 345450 | 5877 | SH |  | SOLE |  | 5877 | 0 | 0 |
| DIMENSIONAL ETF TRUST | INTL SMALL CAP V | 25434V781 |  | 1740688 | 78374 | SH |  | SOLE |  | 78374 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 220329 | 2536 | SH |  | SOLE |  | 2536 | 0 | 0 |
| DOMINION ENERGY INC | COM | 25746U109 |  | 613422 | 10004 | SH |  | SOLE |  | 10004 | 0 | 0 |
| DUPONT DE NEMOURS INC | COM | 26614N102 |  | 284746 | 4149 | SH |  | SOLE |  | 4149 | 0 | 0 |
| EASTERLY GOVT PPTYS INC | COM | 27616P103 |  | 159895 | 11205 | SH |  | SOLE |  | 11205 | 0 | 0 |
| ETF SER SOLUTIONS | APTUS COLLARED | 26922A222 |  | 11000519 | 381565 | SH |  | SOLE |  | 381565 | 0 | 0 |
| ETF SER SOLUTIONS | INTL DRAWDWN MNG | 26922B709 |  | 3679776 | 193433 | SH |  | SOLE |  | 193433 | 0 | 0 |
| ETF SER SOLUTIONS | APTUS DEFINED | 26922A388 |  | 10100777 | 394562 | SH |  | SOLE |  | 394562 | 0 | 0 |
| ETF SER SOLUTIONS | OPUS SML CP VL | 26922A446 |  | 4813758 | 155364 | SH |  | SOLE |  | 155364 | 0 | 0 |
| ETF SER SOLUTIONS | APTUS DRAWDOWN | 26922A784 |  | 6455631 | 192211 | SH |  | SOLE |  | 192211 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 276267 | 2505 | SH |  | SOLE |  | 2505 | 0 | 0 |
| FIRST TR EXCHANGE TRADED FD | CLOUD COMPUTING | 33734X192 |  | 408820 | 7096 | SH |  | SOLE |  | 7096 | 0 | 0 |
| FIRST TR EXCHANGE-TRADED FD | NO AMER ENERGY | 33738D101 |  | 295898 | 11086 | SH |  | SOLE |  | 11086 | 0 | 0 |
| FIRST TR EXCHANGE-TRADED FD | FIRST TR ENH NEW | 33739Q408 |  | 1204125 | 20258 | SH |  | SOLE |  | 20258 | 0 | 0 |
| GENERAL MLS INC | COM | 370334104 |  | 1107922 | 13213 | SH |  | SOLE |  | 13213 | 0 | 0 |
| GLOBAL X FDS | US PFD ETF | 37954Y657 |  | 219262 | 11320 | SH |  | SOLE |  | 11320 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 677627 | 2145 | SH |  | SOLE |  | 2145 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 310735 | 1450 | SH |  | SOLE |  | 1450 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 729485 | 5178 | SH |  | SOLE |  | 5178 | 0 | 0 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 1915296 | 7218 | SH |  | SOLE |  | 7218 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | NASDAQ 100 ETF | 46138G649 |  | 266158 | 2430 | SH |  | SOLE |  | 2430 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 8356493 | 59161 | SH |  | SOLE |  | 59161 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 478456 | 1797 | SH |  | SOLE |  | 1797 | 0 | 0 |
| ISHARES TR | GLOBAL ENERG ETF | 464287341 |  | 1692459 | 43408 | SH |  | SOLE |  | 43408 | 0 | 0 |
| ISHARES TR | US HLTHCARE ETF | 464287762 |  | 209945 | 740 | SH |  | SOLE |  | 740 | 0 | 0 |
| ISHARES TR | TIPS BD ETF | 464287176 |  | 858119 | 8062 | SH |  | SOLE |  | 8062 | 0 | 0 |
| ISHARES TR | BLACKROCK ULTRA | 46434V878 |  | 1644669 | 32867 | SH |  | SOLE |  | 32867 | 0 | 0 |
| ISHARES TR | CORE MSCI TOTAL | 46432F834 |  | 7463745 | 128952 | SH |  | SOLE |  | 128952 | 0 | 0 |
| ISHARES TR | MSCI USA MIN VOL | 46429B697 |  | 216492 | 3003 | SH |  | SOLE |  | 3003 | 0 | 0 |
| J P MORGAN EXCHANGE TRADED F | EQUITY PREMIUM | 46641Q332 |  | 13405605 | 246020 | SH |  | SOLE |  | 246020 | 0 | 0 |
| J P MORGAN EXCHANGE TRADED F | NASDAQ EQT PREM | 46654Q203 |  | 8214146 | 201327 | SH |  | SOLE |  | 201327 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 721696 | 4085 | SH |  | SOLE |  | 4085 | 0 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 565327 | 4216 | SH |  | SOLE |  | 4216 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 2446127 | 10200 | SH |  | SOLE |  | 10200 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 846948 | 10131 | SH |  | SOLE |  | 10131 | 0 | 0 |
| NIO INC | SPON ADS | 62914V106 |  | 244169 | 25043 | SH |  | SOLE |  | 25043 | 0 | 0 |
| NUVEEN MUN VALUE FD INC | COM | 670928100 |  | 530153 | 61646 | SH |  | SOLE |  | 61646 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 887654 | 6074 | SH |  | SOLE |  | 6074 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 200188 | 31182 | SH |  | SOLE |  | 31182 | 0 | 0 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 1325903 | 18617 | SH |  | SOLE |  | 18617 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 697589 | 13614 | SH |  | SOLE |  | 13614 | 0 | 0 |
| PLAINS ALL AMERN PIPELINE L | UNIT LTD PARTN | 726503105 |  | 851304 | 72390 | SH |  | SOLE |  | 72390 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 228480 | 1508 | SH |  | SOLE |  | 1508 | 0 | 0 |
| RAYTHEON TECHNOLOGIES CORP | COM | 75513E101 |  | 1084755 | 10749 | SH |  | SOLE |  | 10749 | 0 | 0 |
| REALTY INCOME CORP | COM | 756109104 |  | 453537 | 7150 | SH |  | SOLE |  | 7150 | 0 | 0 |
| SOUTHERN CO | COM | 842587107 |  | 1331664 | 18648 | SH |  | SOLE |  | 18648 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 424100 | 2500 | SH |  | SOLE |  | 2500 | 0 | 0 |
| SPDR SER TR | PORTFOLIO S | 78464A854 |  | 301024 | 6692 | SH |  | SOLE |  | 6692 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 2257397 | 18326 | SH |  | SOLE |  | 18326 | 0 | 0 |
| UDR INC | COM | 902653104 |  | 263441 | 6802 | SH |  | SOLE |  | 6802 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 218370 | 1256 | SH |  | SOLE |  | 1256 | 0 | 0 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 469728 | 2457 | SH |  | SOLE |  | 2457 | 0 | 0 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 269642 | 1469 | SH |  | SOLE |  | 1469 | 0 | 0 |
| VANGUARD INDEX FDS | SML CP GRW ETF | 922908595 |  | 394462 | 1967 | SH |  | SOLE |  | 1967 | 0 | 0 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 1466493 | 4174 | SH |  | SOLE |  | 4174 | 0 | 0 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 818909 | 4018 | SH |  | SOLE |  | 4018 | 0 | 0 |
| VANGUARD INDEX FDS | SM CP VAL ETF | 922908611 |  | 359523 | 2264 | SH |  | SOLE |  | 2264 | 0 | 0 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 959030 | 4500 | SH |  | SOLE |  | 4500 | 0 | 0 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 |  | 371485 | 3433 | SH |  | SOLE |  | 3433 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 512008 | 12995 | SH |  | SOLE |  | 12995 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 1936096 | 9319 | SH |  | SOLE |  | 9319 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 599757 | 4230 | SH |  | SOLE |  | 4230 | 0 | 0 |
| WEYERHAEUSER CO MTN BE | COM NEW | 962166104 |  | 217798 | 7026 | SH |  | SOLE |  | 7026 | 0 | 0 |
| WORLD GOLD TR | SPDR GLD MINIS | 98149E303 |  | 260098 | 7187 | SH |  | SOLE |  | 7187 | 0 | 0 |
| WW INTL INC | COM | 98262P101 |  | 244580 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |

---