# EDGAR Filing Document

**Accession Number:** 0001372130
**File Stem:** 0001172661-26-000431
**Filing Date:** 2026-2
**Character Count:** 24767
**Document Hash:** 3bf2667ae21ac9b7a73adbf6aa80315e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001172661-26-000431.hdr.sgml**: 20260202

**ACCESSION NUMBER**: 0001172661-26-000431

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260202

**DATE AS OF CHANGE**: 20260202

**EFFECTIVENESS DATE**: 20260202

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** HEADINVEST, LLC
- **CENTRAL INDEX KEY:** 0001372130

**ORGANIZATION NAME:**
- **EIN:** 204445689
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-11969
- **FILM NUMBER:** 26588771

**BUSINESS ADDRESS:**
- **STREET 1:** 7 CUSTOM HOUSE STREET
- **STREET 2:** 4TH FLOOR
- **CITY:** PORTLAND
- **STATE:** ME
- **ZIP:** 04101
- **BUSINESS PHONE:** 207-773-5333

**MAIL ADDRESS:**
- **STREET 1:** 7 CUSTOM HOUSE STREET
- **STREET 2:** 4TH FLOOR
- **CITY:** PORTLAND
- **STATE:** ME
- **ZIP:** 04101

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Head & Associates, LLC
- **DATE OF NAME CHANGE:** 20060809

### 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:** HEADINVEST LLC<br>**Address:** 7 Custom House Street<br>4th Floor<br>Portland, ME 04101

**Form 13F File Number:** 028-11969

**CRD Number (if applicable):** 000140518

**SEC File Number (if applicable):** 801-66773

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:** Steve Reeves<br>**Title:** CCO<br>**Phone:** 207-773-5333

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

/s/ Steve Reeves  Portland, ME  02-02-2026<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:** 215

**Form 13F Information Table Value Total:** $502848781

      (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 |
| ABBOTT LABS | COM | 002824100 |  | 1342733 | 10717 | SH |  | SOLE |  | 10717 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 2177967 | 9532 | SH |  | SOLE |  | 9532 | 0 | 0 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 7678209 | 28618 | SH |  | SOLE |  | 28618 | 0 | 0 |
| ADOBE INC | COM | 00724F101 |  | 1419559 | 4056 | SH |  | SOLE |  | 4056 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 1284103 | 5996 | SH |  | SOLE |  | 5996 | 0 | 0 |
| AIR PRODS  CHEMS INC | COM | 009158106 |  | 321867 | 1303 | SH |  | SOLE |  | 1303 | 0 | 0 |
| ALLSTATE CORP | COM | 020002101 |  | 259147 | 1245 | SH |  | SOLE |  | 1245 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 13336665 | 42609 | SH |  | SOLE |  | 42609 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 2716567 | 8657 | SH |  | SOLE |  | 8657 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 5688559 | 24645 | SH |  | SOLE |  | 24645 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 10067819 | 27214 | SH |  | SOLE |  | 27214 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 534825 | 1634 | SH |  | SOLE |  | 1634 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 |  | 618878 | 2282 | SH |  | SOLE |  | 2282 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 7695604 | 28307 | SH |  | SOLE |  | 28307 | 0 | 0 |
| ASML HOLDING N V | N Y REGISTRY SHS | N07059210 |  | 635497 | 594 | SH |  | SOLE |  | 594 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 487451 | 1895 | SH |  | SOLE |  | 1895 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 711810 | 12942 | SH |  | SOLE |  | 12942 | 0 | 0 |
| BBB FOODS INC | CL A COM | G0896C103 |  | 367290 | 11000 | SH |  | SOLE |  | 11000 | 0 | 0 |
| BEAM THERAPEUTICS INC | COM | 07373V105 |  | 556063 | 20060 | SH |  | SOLE |  | 20060 | 0 | 0 |
| BECTON DICKINSON  CO | COM | 075887109 |  | 247827 | 1277 | SH |  | SOLE |  | 1277 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 2552959 | 5079 | SH |  | SOLE |  | 5079 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 |  | 754800 | 1 | SH |  | SOLE |  | 1 | 0 | 0 |
| BLACKROCK ETF TRUST | ISHARES INTL DIV | 09290C848 |  | 218810 | 7592 | SH |  | SOLE |  | 7592 | 0 | 0 |
| BLACKROCK INC | COM | 09290D101 |  | 524467 | 490 | SH |  | SOLE |  | 490 | 0 | 0 |
| BLACKSTONE INC | COM | 09260D107 |  | 709661 | 4604 | SH |  | SOLE |  | 4604 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 307008 | 1414 | SH |  | SOLE |  | 1414 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 491335 | 9148 | SH |  | SOLE |  | 9148 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 1552951 | 4487 | SH |  | SOLE |  | 4487 | 0 | 0 |
| CADENCE DESIGN SYSTEM INC | COM | 127387108 |  | 822711 | 2632 | SH |  | SOLE |  | 2632 | 0 | 0 |
| CARRIER GLOBAL CORPORATION | COM | 14448C104 |  | 930407 | 17608 | SH |  | SOLE |  | 17608 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 219409 | 383 | SH |  | SOLE |  | 383 | 0 | 0 |
| CHECK POINT SOFTWARE TECH LT | ORD | M22465104 |  | 316009 | 1703 | SH |  | SOLE |  | 1703 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 4039017 | 26501 | SH |  | SOLE |  | 26501 | 0 | 0 |
| CHUBB LIMITED | COM | H1467J104 |  | 771873 | 2473 | SH |  | SOLE |  | 2473 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 5636516 | 73173 | SH |  | SOLE |  | 73173 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 913904 | 13073 | SH |  | SOLE |  | 13073 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 228783 | 2444 | SH |  | SOLE |  | 2444 | 0 | 0 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 |  | 377646 | 1069 | SH |  | SOLE |  | 1069 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 558932 | 648 | SH |  | SOLE |  | 648 | 0 | 0 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 392821 | 838 | SH |  | SOLE |  | 838 | 0 | 0 |
| CROWN CASTLE INC | COM | 22822V101 |  | 266166 | 2995 | SH |  | SOLE |  | 2995 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 |  | 7261342 | 31720 | SH |  | SOLE |  | 31720 | 0 | 0 |
| DEVON ENERGY CORP NEW | COM | 25179M103 |  | 1068497 | 29170 | SH |  | SOLE |  | 29170 | 0 | 0 |
| DOMINION ENERGY INC | COM | 25746U109 |  | 304844 | 5203 | SH |  | SOLE |  | 5203 | 0 | 0 |
| DOORDASH INC | CL A | 25809K105 |  | 235539 | 1040 | SH |  | SOLE |  | 1040 | 0 | 0 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 595192 | 5078 | SH |  | SOLE |  | 5078 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 |  | 2585664 | 8118 | SH |  | SOLE |  | 8118 | 0 | 0 |
| ECOLAB INC | COM | 278865100 |  | 3202481 | 12199 | SH |  | SOLE |  | 12199 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 1598049 | 1487 | SH |  | SOLE |  | 1487 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 |  | 7032935 | 52991 | SH |  | SOLE |  | 52991 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 3373491 | 28033 | SH |  | SOLE |  | 28033 | 0 | 0 |
| FISERV INC | COM | 337738108 |  | 3694014 | 54995 | SH |  | SOLE |  | 54995 | 0 | 0 |
| FORTIVE CORP | COM | 34959J108 |  | 1650448 | 29894 | SH |  | SOLE |  | 29894 | 0 | 0 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 558690 | 11000 | SH |  | SOLE |  | 11000 | 0 | 0 |
| GE AEROSPACE | COM NEW | 369604301 |  | 1082109 | 3513 | SH |  | SOLE |  | 3513 | 0 | 0 |
| GE VERNOVA INC | COM | 36828A101 |  | 788859 | 1207 | SH |  | SOLE |  | 1207 | 0 | 0 |
| GENUINE PARTS CO | COM | 372460105 |  | 263503 | 2143 | SH |  | SOLE |  | 2143 | 0 | 0 |
| GOLDMAN SACHS ETF TR | JUST US LRG CP | 381430396 |  | 1419393 | 14679 | SH |  | SOLE |  | 14679 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 767367 | 873 | SH |  | SOLE |  | 873 | 0 | 0 |
| GRAYSCALE BITCOIN TRUST ETF | SHS REP COM UT | 389637109 |  | 1709000 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| HOLOGIC INC | COM | 436440101 |  | 1340075 | 17990 | SH |  | SOLE |  | 17990 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 784892 | 2281 | SH |  | SOLE |  | 2281 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 2625131 | 13456 | SH |  | SOLE |  | 13456 | 0 | 0 |
| IDEXX LABS INC | COM | 45168D104 |  | 4628142 | 6841 | SH |  | SOLE |  | 6841 | 0 | 0 |
| ILLINOIS TOOL WKS INC | COM | 452308109 |  | 426838 | 1733 | SH |  | SOLE |  | 1733 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 231420 | 6272 | SH |  | SOLE |  | 6272 | 0 | 0 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 1416340 | 8745 | SH |  | SOLE |  | 8745 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 1460612 | 4931 | SH |  | SOLE |  | 4931 | 0 | 0 |
| INTUIT | COM | 461202103 |  | 9571969 | 14450 | SH |  | SOLE |  | 14450 | 0 | 0 |
| INVESCO EXCH TRD SLF IDX FD | BULLETSHS 2032 | 46139W858 |  | 962045 | 46086 | SH |  | SOLE |  | 46086 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S EQL TEC | 46137V282 |  | 216946 | 4767 | SH |  | SOLE |  | 4767 | 0 | 0 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 |  | 2626823 | 39078 | SH |  | SOLE |  | 39078 | 0 | 0 |
| ISHARES TR | IBONDS 2027 TERM | 46436E478 |  | 804636 | 36050 | SH |  | SOLE |  | 36050 | 0 | 0 |
| ISHARES TR | ISHARES BIOTECH | 464287556 |  | 704784 | 4176 | SH |  | SOLE |  | 4176 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 |  | 1893375 | 2764 | SH |  | SOLE |  | 2764 | 0 | 0 |
| ISHARES TR | IBONDS 29 TR HI | 46436E379 |  | 637490 | 26978 | SH |  | SOLE |  | 26978 | 0 | 0 |
| ISHARES TR | CORE S TTL STK | 464287150 |  | 326672 | 2197 | SH |  | SOLE |  | 2197 | 0 | 0 |
| ISHARES TR | ESG AWRE 1 5 YR | 46435G243 |  | 516385 | 20459 | SH |  | SOLE |  | 20459 | 0 | 0 |
| ISHARES TR | RUS 1000 ETF | 464287622 |  | 795427 | 2130 | SH |  | SOLE |  | 2130 | 0 | 0 |
| ISHARES TR | HDG MSCI EAFE | 46434V803 |  | 603029 | 14580 | SH |  | SOLE |  | 14580 | 0 | 0 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 |  | 2778180 | 31055 | SH |  | SOLE |  | 31055 | 0 | 0 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 27680247 | 230323 | SH |  | SOLE |  | 230323 | 0 | 0 |
| ISHARES TR | CORE S US VLU | 464287663 |  | 274089 | 2673 | SH |  | SOLE |  | 2673 | 0 | 0 |
| ISHARES TR | CORE 1 5 YR USD | 46432F859 |  | 819341 | 16807 | SH |  | SOLE |  | 16807 | 0 | 0 |
| ISHARES TR | ESG MSCI KLD 400 | 464288570 |  | 7250810 | 56282 | SH |  | SOLE |  | 56282 | 0 | 0 |
| ISHARES TR | EAFE SML CP ETF | 464288273 |  | 502394 | 6480 | SH |  | SOLE |  | 6480 | 0 | 0 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 3725502 | 56447 | SH |  | SOLE |  | 56447 | 0 | 0 |
| ISHARES TR | IBONDS 2026 TERM | 46436E528 |  | 737983 | 31975 | SH |  | SOLE |  | 31975 | 0 | 0 |
| ISHARES TR | 1 3 YR TREAS BD | 464287457 |  | 2268383 | 27389 | SH |  | SOLE |  | 27389 | 0 | 0 |
| ISHARES TR | ISHS 1-5YR INVS | 464288646 |  | 371270 | 7021 | SH |  | SOLE |  | 7021 | 0 | 0 |
| ISHARES TR | GL CLEAN ENE ETF | 464288224 |  | 168107 | 10232 | SH |  | SOLE |  | 10232 | 0 | 0 |
| ISHARES TR | 20 YR TR BD ETF | 464287432 |  | 619708 | 7110 | SH |  | SOLE |  | 7110 | 0 | 0 |
| ISHARES TR | ESG SELECT SCREE | 46436E544 |  | 534592 | 12555 | SH |  | SOLE |  | 12555 | 0 | 0 |
| ISHARES TR | CORE S US GWT | 464287671 |  | 412293 | 2455 | SH |  | SOLE |  | 2455 | 0 | 0 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 1096086 | 11414 | SH |  | SOLE |  | 11414 | 0 | 0 |
| ISHARES TR | IBONDS DEC 2032 | 46436E296 |  | 524564 | 22733 | SH |  | SOLE |  | 22733 | 0 | 0 |
| ISHARES TR | 0-3 MNTH TREASRY | 46436E718 |  | 4393561 | 43769 | SH |  | SOLE |  | 43769 | 0 | 0 |
| ISHARES TR | IBONDS DEC 2032 | 46436E312 |  | 689259 | 26998 | SH |  | SOLE |  | 26998 | 0 | 0 |
| ISHARES TR | MSCI USA MIN VOL | 46429B697 |  | 575412 | 6111 | SH |  | SOLE |  | 6111 | 0 | 0 |
| ISHARES TR | IBONDS 28 TR HI | 46436E387 |  | 670594 | 28325 | SH |  | SOLE |  | 28325 | 0 | 0 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 406565 | 859 | SH |  | SOLE |  | 859 | 0 | 0 |
| ISHARES TR | 0-5YR INVT GR CP | 46434V100 |  | 221660 | 4372 | SH |  | SOLE |  | 4372 | 0 | 0 |
| ISHARES TR | TIPS BD ETF | 464287176 |  | 318409 | 2897 | SH |  | SOLE |  | 2897 | 0 | 0 |
| ISHARES TR | CORE DIV GRWTH | 46434V621 |  | 571813 | 8237 | SH |  | SOLE |  | 8237 | 0 | 0 |
| JANUS DETROIT STR TR | HENDRSON AAA CL | 47103U845 |  | 11114702 | 219745 | SH |  | SOLE |  | 219745 | 0 | 0 |
| JANUS DETROIT STR TR | HENDERSON MTG | 47103U852 |  | 3925502 | 85916 | SH |  | SOLE |  | 85916 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 1437280 | 6945 | SH |  | SOLE |  | 6945 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 6173466 | 19159 | SH |  | SOLE |  | 19159 | 0 | 0 |
| KENVUE INC | COM | 49177J102 |  | 380013 | 22030 | SH |  | SOLE |  | 22030 | 0 | 0 |
| KIMBERLY-CLARK CORP | COM | 494368103 |  | 240421 | 2383 | SH |  | SOLE |  | 2383 | 0 | 0 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 3372116 | 122667 | SH |  | SOLE |  | 122667 | 0 | 0 |
| KLA CORP | COM NEW | 482480100 |  | 1575959 | 1297 | SH |  | SOLE |  | 1297 | 0 | 0 |
| L3HARRIS TECHNOLOGIES INC | COM | 502431109 |  | 225462 | 768 | SH |  | SOLE |  | 768 | 0 | 0 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 381731 | 2230 | SH |  | SOLE |  | 2230 | 0 | 0 |
| LINDE PLC | SHS | G54950103 |  | 5550745 | 13018 | SH |  | SOLE |  | 13018 | 0 | 0 |
| LOWES COS INC | COM | 548661107 |  | 326048 | 1352 | SH |  | SOLE |  | 1352 | 0 | 0 |
| MAGNUM ICE CREAM CO NV | ORD SHS | N5505D105 |  | 211598 | 13350 | SH |  | SOLE |  | 13350 | 0 | 0 |
| MARATHON PETE CORP | COM | 56585A102 |  | 251263 | 1545 | SH |  | SOLE |  | 1545 | 0 | 0 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 559678 | 6586 | SH |  | SOLE |  | 6586 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 2767055 | 4847 | SH |  | SOLE |  | 4847 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 1520815 | 4976 | SH |  | SOLE |  | 4976 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 4652378 | 48432 | SH |  | SOLE |  | 48432 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 1683949 | 15998 | SH |  | SOLE |  | 15998 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 1118192 | 1694 | SH |  | SOLE |  | 1694 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 353052 | 1237 | SH |  | SOLE |  | 1237 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 21628518 | 44722 | SH |  | SOLE |  | 44722 | 0 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 793562 | 14742 | SH |  | SOLE |  | 14742 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 313518 | 1766 | SH |  | SOLE |  | 1766 | 0 | 0 |
| MOSAIC CO NEW | COM | 61945C103 |  | 578160 | 24000 | SH |  | SOLE |  | 24000 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 1214315 | 15126 | SH |  | SOLE |  | 15126 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 297789 | 4674 | SH |  | SOLE |  | 4674 | 0 | 0 |
| NOVARTIS AG | SPONSORED ADR | 66987V109 |  | 2251693 | 16332 | SH |  | SOLE |  | 16332 | 0 | 0 |
| NOVO-NORDISK A S | ADR | 670100205 |  | 5380458 | 105748 | SH |  | SOLE |  | 105748 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 4952135 | 26553 | SH |  | SOLE |  | 26553 | 0 | 0 |
| OCCIDENTAL PETE CORP | COM | 674599105 |  | 272173 | 6619 | SH |  | SOLE |  | 6619 | 0 | 0 |
| ONCOLYTICS BIOTECH INC | COM NEW | 682310875 |  | 39068 | 44700 | SH |  | SOLE |  | 44700 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 6716404 | 34459 | SH |  | SOLE |  | 34459 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 1945520 | 10562 | SH |  | SOLE |  | 10562 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 5071436 | 35336 | SH |  | SOLE |  | 35336 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 318347 | 12785 | SH |  | SOLE |  | 12785 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 5223793 | 36451 | SH |  | SOLE |  | 36451 | 0 | 0 |
| PROSHARES TR | S MDCP 400 DIV | 74347B680 |  | 481486 | 5717 | SH |  | SOLE |  | 5717 | 0 | 0 |
| PUBLIC STORAGE OPER CO | COM | 74460D109 |  | 243152 | 937 | SH |  | SOLE |  | 937 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 388968 | 2274 | SH |  | SOLE |  | 2274 | 0 | 0 |
| QUANTA SVCS INC | COM | 74762E102 |  | 422482 | 1001 | SH |  | SOLE |  | 1001 | 0 | 0 |
| RBB FD INC | MOTLEY FOL ETF | 74933W601 |  | 385642 | 5373 | SH |  | SOLE |  | 5373 | 0 | 0 |
| REPUBLIC SVCS INC | COM | 760759100 |  | 839455 | 3961 | SH |  | SOLE |  | 3961 | 0 | 0 |
| RIO TINTO PLC | SPONSORED ADR | 767204100 |  | 760285 | 9500 | SH |  | SOLE |  | 9500 | 0 | 0 |
| RTX CORPORATION | COM | 75513E101 |  | 996779 | 5435 | SH |  | SOLE |  | 5435 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 550810 | 1054 | SH |  | SOLE |  | 1054 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 314454 | 1187 | SH |  | SOLE |  | 1187 | 0 | 0 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 |  | 2758251 | 100556 | SH |  | SOLE |  | 100556 | 0 | 0 |
| SCHWAB STRATEGIC TR | US LCAP GR ETF | 808524300 |  | 1131914 | 34700 | SH |  | SOLE |  | 34700 | 0 | 0 |
| SCHWAB STRATEGIC TR | US MID-CAP ETF | 808524508 |  | 276224 | 9186 | SH |  | SOLE |  | 9186 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET FIN | 81369Y605 |  | 898173 | 16399 | SH |  | SOLE |  | 16399 | 0 | 0 |
| SLB LIMITED | COM STK | 806857108 |  | 826168 | 21526 | SH |  | SOLE |  | 21526 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 7834652 | 19769 | SH |  | SOLE |  | 19769 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 1600122 | 2346 | SH |  | SOLE |  | 2346 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78468R663 |  | 3744844 | 40981 | SH |  | SOLE |  | 40981 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A763 |  | 404260 | 2905 | SH |  | SOLE |  | 2905 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A847 |  | 241716 | 4174 | SH |  | SOLE |  | 4174 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A870 |  | 593315 | 4866 | SH |  | SOLE |  | 4866 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78468R853 |  | 1408986 | 30068 | SH |  | SOLE |  | 30068 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A698 |  | 454966 | 7020 | SH |  | SOLE |  | 7020 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 |  | 499790 | 1422 | SH |  | SOLE |  | 1422 | 0 | 0 |
| SYNOPSYS INC | COM | 871607107 |  | 670760 | 1428 | SH |  | SOLE |  | 1428 | 0 | 0 |
| SYSCO CORP | COM | 871829107 |  | 232050 | 3149 | SH |  | SOLE |  | 3149 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 597752 | 1967 | SH |  | SOLE |  | 1967 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 5079267 | 29277 | SH |  | SOLE |  | 29277 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 1533253 | 2646 | SH |  | SOLE |  | 2646 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 |  | 2789558 | 18160 | SH |  | SOLE |  | 18160 | 0 | 0 |
| T-MOBILE US INC | COM | 872590104 |  | 582928 | 2871 | SH |  | SOLE |  | 2871 | 0 | 0 |
| TOTALENERGIES SE | ACT | F92124100 |  | 785040 | 12000 | SH |  | SOLE |  | 12000 | 0 | 0 |
| TRANE TECHNOLOGIES PLC | SHS | G8994E103 |  | 389200 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 1802277 | 22057 | SH |  | SOLE |  | 22057 | 0 | 0 |
| ULTA BEAUTY INC | COM | 90384S303 |  | 422297 | 698 | SH |  | SOLE |  | 698 | 0 | 0 |
| UNILEVER PLC | SPON ADR NEW | 904767803 |  | 4475714 | 68436 | SH |  | SOLE |  | 68436 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 288919 | 1249 | SH |  | SOLE |  | 1249 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 587502 | 5923 | SH |  | SOLE |  | 5923 | 0 | 0 |
| US BANCORP DEL | COM NEW | 902973304 |  | 256555 | 4808 | SH |  | SOLE |  | 4808 | 0 | 0 |
| VANGUARD BD INDEX FDS | SHORT TRM BOND | 921937827 |  | 10641635 | 135029 | SH |  | SOLE |  | 135029 | 0 | 0 |
| VANGUARD BD INDEX FDS | INTERMED TERM | 921937819 |  | 1245924 | 15998 | SH |  | SOLE |  | 15998 | 0 | 0 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 |  | 250949 | 3388 | SH |  | SOLE |  | 3388 | 0 | 0 |
| VANGUARD INDEX FDS | SM CP VAL ETF | 922908611 |  | 280622 | 1325 | SH |  | SOLE |  | 1325 | 0 | 0 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 791845 | 4146 | SH |  | SOLE |  | 4146 | 0 | 0 |
| VANGUARD INDEX FDS | SML CP GRW ETF | 922908595 |  | 283983 | 940 | SH |  | SOLE |  | 940 | 0 | 0 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 3112446 | 4963 | SH |  | SOLE |  | 4963 | 0 | 0 |
| VANGUARD INDEX FDS | LARGE CAP ETF | 922908637 |  | 14967576 | 47546 | SH |  | SOLE |  | 47546 | 0 | 0 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 15826420 | 47205 | SH |  | SOLE |  | 47205 | 0 | 0 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 8245011 | 28410 | SH |  | SOLE |  | 28410 | 0 | 0 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 294849 | 3332 | SH |  | SOLE |  | 3332 | 0 | 0 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 1440163 | 2952 | SH |  | SOLE |  | 2952 | 0 | 0 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 5697600 | 22088 | SH |  | SOLE |  | 22088 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 |  | 603192 | 8200 | SH |  | SOLE |  | 8200 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | FTSE EUROPE ETF | 922042874 |  | 487363 | 5829 | SH |  | SOLE |  | 5829 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 5424492 | 100902 | SH |  | SOLE |  | 100902 | 0 | 0 |
| VANGUARD MALVERN FDS | STRM INFPROIDX | 922020805 |  | 2253398 | 45560 | SH |  | SOLE |  | 45560 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 92206C409 |  | 2889973 | 36247 | SH |  | SOLE |  | 36247 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | SHORT TERM TREAS | 92206C102 |  | 1786198 | 30414 | SH |  | SOLE |  | 30414 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | VNG RUS1000IDX | 92206C730 |  | 254958 | 825 | SH |  | SOLE |  | 825 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | INT-TERM CORP | 92206C870 |  | 7965881 | 95115 | SH |  | SOLE |  | 95115 | 0 | 0 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 7410978 | 33720 | SH |  | SOLE |  | 33720 | 0 | 0 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 10603720 | 169741 | SH |  | SOLE |  | 169741 | 0 | 0 |
| VANGUARD WELLINGTON FD | SHORT TRM TAX EX | 921935870 |  | 805896 | 7934 | SH |  | SOLE |  | 7934 | 0 | 0 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 |  | 14639901 | 102006 | SH |  | SOLE |  | 102006 | 0 | 0 |
| VANGUARD WORLD FD | ESG INTL STK ETF | 921910725 |  | 1591325 | 22219 | SH |  | SOLE |  | 22219 | 0 | 0 |
| VANGUARD WORLD FD | INF TECH ETF | 92204A702 |  | 698000 | 926 | SH |  | SOLE |  | 926 | 0 | 0 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 |  | 1045902 | 2307 | SH |  | SOLE |  | 2307 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 1788270 | 5099 | SH |  | SOLE |  | 5099 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 7809203 | 70094 | SH |  | SOLE |  | 70094 | 0 | 0 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 222347 | 1012 | SH |  | SOLE |  | 1012 | 0 | 0 |
| WATERS CORP | COM | 941848103 |  | 6587772 | 17344 | SH |  | SOLE |  | 17344 | 0 | 0 |
| XYLEM INC | COM | 98419M100 |  | 759884 | 5580 | SH |  | SOLE |  | 5580 | 0 | 0 |
| YUM BRANDS INC | COM | 988498101 |  | 365492 | 2416 | SH |  | SOLE |  | 2416 | 0 | 0 |
| ZOETIS INC | CL A | 98978V103 |  | 297438 | 2364 | SH |  | SOLE |  | 2364 | 0 | 0 |

---