# EDGAR Filing Document

**Accession Number:** 0001730765
**File Stem:** 0001730765-25-000005
**Filing Date:** 2025-7
**Character Count:** 33080
**Document Hash:** 74938ca0d80ede6e108c46396eb8954c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001730765-25-000005.hdr.sgml**: 20250709

**ACCESSION NUMBER**: 0001730765-25-000005

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250709

**DATE AS OF CHANGE**: 20250709

**EFFECTIVENESS DATE**: 20250709

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Triumph Capital Management
- **CENTRAL INDEX KEY:** 0001730765

**ORGANIZATION NAME:**
- **EIN:** 811162554
- **STATE OF INCORPORATION:** CO
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-21297
- **FILM NUMBER:** 251112771

**BUSINESS ADDRESS:**
- **STREET 1:** 1610 WYNKOOP STREET
- **STREET 2:** SUITE 550
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80202
- **BUSINESS PHONE:** 7203995555

**MAIL ADDRESS:**
- **STREET 1:** 1610 WYNKOOP STREET
- **STREET 2:** SUITE 550
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80202

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 06-30-2025

**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:** Triumph Capital Management<br>**Address:** 1610 WYNKOOP STREET<br>SUITE 550<br>DENVER, CO 80202

**Form 13F File Number:** 028-21297

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:** Andrew Halac<br>**Title:** Compliance Officer<br>**Phone:** 770-462-2118

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

Andrew Halac  Longmont, CO  07-09-2025<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:** 286

**Form 13F Information Table Value Total:** $333159254

      (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 |  | 223032 | 1465 | SH |  | SOLE |  | 1465 | 0 | 0 |
| ABRDN ASIA PACIFIC INCOME FU | COM NEW | 003009867 |  | 271436 | 17050 | SH |  | SOLE |  | 17050 | 0 | 0 |
| ABRDN GLOBAL PREMIER PPTYS F | COM SH BEN INT | 00302L108 |  | 54822 | 13844 | SH |  | SOLE |  | 13844 | 0 | 0 |
| ABRDN HEALTHCARE INVESTORS | SH BEN INT | 87911J103 |  | 697035 | 44999 | SH |  | SOLE |  | 43645 | 0 | 1354 |
| ABRDN HEALTHCARE OPPORTUNITI | SHS | 879105104 |  | 421002 | 22893 | SH |  | SOLE |  | 22072 | 0 | 821 |
| ABRDN WORLD HEALTHCARE FUND | BEN INT SHS | 87911L108 |  | 294965 | 28749 | SH |  | SOLE |  | 27688 | 0 | 1061 |
| ADOBE INC | COM | 00724F101 |  | 244121 | 631 | SH |  | SOLE |  | 631 | 0 | 0 |
| ADTALEM GLOBAL ED INC | COM | 00737L103 |  | 374565 | 2944 | SH |  | SOLE |  | 2906 | 0 | 38 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 1899048 | 13383 | SH |  | SOLE |  | 13159 | 0 | 224 |
| AGNC INVT CORP | COM | 00123Q104 |  | 536779 | 58409 | SH |  | SOLE |  | 56675 | 0 | 1734 |
| AIRBNB INC | COM CL A | 009066101 |  | 202480 | 1530 | SH |  | SOLE |  | 1522 | 0 | 8 |
| ALBEMARLE CORP | COM | 012653101 |  | 526428 | 8400 | SH |  | SOLE |  | 8400 | 0 | 0 |
| ALLSTATE CORP | COM | 020002101 |  | 416510 | 2069 | SH |  | SOLE |  | 2037 | 0 | 32 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 1009571 | 5729 | SH |  | SOLE |  | 5678 | 0 | 50 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 301310 | 1699 | SH |  | SOLE |  | 1618 | 0 | 80 |
| ALPS ETF TR | OSHS GBL INTER | 00162Q361 |  | 234035 | 4367 | SH |  | SOLE |  | 4355 | 0 | 12 |
| ALPS ETF TR | SMITH CORE PLUS | 00162Q346 |  | 1096635 | 42423 | SH |  | SOLE |  | 37918 | 0 | 4505 |
| AMAZON COM INC | COM | 023135106 |  | 3760125 | 17139 | SH |  | SOLE |  | 16793 | 0 | 346 |
| AMC ENTMT HLDGS INC | CL A NEW | 00165C302 |  | 44237 | 14270 | SH |  | SOLE |  | 8270 | 0 | 6000 |
| AMERICAN INTL GROUP INC | COM NEW | 026874784 |  | 216136 | 2525 | SH |  | SOLE |  | 2487 | 0 | 38 |
| AMGEN INC | COM | 031162100 |  | 271951 | 974 | SH |  | SOLE |  | 967 | 0 | 7 |
| ANNALY CAPITAL MANAGEMENT IN | COM NEW | 035710839 |  | 1215904 | 64607 | SH |  | SOLE |  | 63537 | 0 | 1070 |
| AON PLC | SHS CL A | G0403H108 |  | 1765605 | 4949 | SH |  | SOLE |  | 4949 | 0 | 0 |
| APOLLO COML REAL EST FIN INC | COM | 03762U105 |  | 530209 | 54774 | SH |  | SOLE |  | 54410 | 0 | 363 |
| APOLLO GLOBAL MGMT INC | COM | 03769M106 |  | 761842 | 5370 | SH |  | SOLE |  | 5370 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 4319673 | 21054 | SH |  | SOLE |  | 20959 | 0 | 95 |
| APPLOVIN CORP | COM CL A | 03831W108 |  | 259059 | 740 | SH |  | SOLE |  | 726 | 0 | 14 |
| ARCUTIS BIOTHERAPEUTICS INC | COM | 03969K108 |  | 410001 | 29244 | SH |  | SOLE |  | 28858 | 0 | 386 |
| ARES CAPITAL CORP | COM | 04010L103 |  | 633744 | 28859 | SH |  | SOLE |  | 28279 | 0 | 580 |
| AT INC | COM | 00206R102 |  | 442061 | 15275 | SH |  | SOLE |  | 15104 | 0 | 171 |
| BAIN CAP SPECIALTY FIN INC | COM STK | 05684B107 |  | 814055 | 54126 | SH |  | SOLE |  | 52706 | 0 | 1420 |
| BANK NOVA SCOTIA HALIFAX | COM | 064149107 |  | 212790 | 3850 | SH |  | SOLE |  | 3850 | 0 | 0 |
| BARINGS BDC INC | COM | 06759L103 |  | 222705 | 24366 | SH |  | SOLE |  | 24366 | 0 | 0 |
| BCE INC | COM NEW | 05534B760 |  | 498337 | 22478 | SH |  | SOLE |  | 21773 | 0 | 705 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 3294978 | 6783 | SH |  | SOLE |  | 6690 | 0 | 93 |
| BLACKROCK ETF TRUST II | ISHARES AAA CLO | 092528504 |  | 1449139 | 27911 | SH |  | SOLE |  | 27471 | 0 | 440 |
| BLACKROCK RES  COMMODITIES | SHS | 09257A108 |  | 714278 | 75585 | SH |  | SOLE |  | 73345 | 0 | 2240 |
| BLACKROCK TCP CAPITAL CORP | COM | 09259E108 |  | 237422 | 30834 | SH |  | SOLE |  | 30834 | 0 | 0 |
| BLACKSTONE INC | COM | 09260D107 |  | 1463640 | 9785 | SH |  | SOLE |  | 9763 | 0 | 22 |
| BLACKSTONE SECD LENDING FD | COMMON STOCK | 09261X102 |  | 684218 | 22251 | SH |  | SOLE |  | 21750 | 0 | 501 |
| BLUE OWL CAPITAL CORPORATION | COM | 69121K104 |  | 985487 | 68723 | SH |  | SOLE |  | 67321 | 0 | 1401 |
| BOEING CO | COM | 097023105 |  | 690401 | 3295 | SH |  | SOLE |  | 3291 | 0 | 4 |
| BRIGHTSPIRE CAPITAL INC | COM CL A | 10949T109 |  | 63882 | 12650 | SH |  | SOLE |  | 12650 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 573950 | 12399 | SH |  | SOLE |  | 12257 | 0 | 142 |
| BROADCOM INC | COM | 11135F101 |  | 1630203 | 5914 | SH |  | SOLE |  | 5889 | 0 | 25 |
| CANADIAN IMPERIAL BK COMM | COM | 136069101 |  | 293732 | 4147 | SH |  | SOLE |  | 4147 | 0 | 0 |
| CARLYLE SECURED LENDING INC | COM | 872280102 |  | 681880 | 49845 | SH |  | SOLE |  | 48525 | 0 | 1320 |
| CARNIVAL CORP | UNIT 99/99/9999 | 143658300 |  | 528909 | 18809 | SH |  | SOLE |  | 18575 | 0 | 234 |
| CELESTICA INC | COM | 15101Q207 |  | 595560 | 3815 | SH |  | SOLE |  | 3771 | 0 | 44 |
| CELSIUS HLDGS INC | COM NEW | 15118V207 |  | 592818 | 12779 | SH |  | SOLE |  | 12631 | 0 | 148 |
| CHEVRON CORP NEW | COM | 166764100 |  | 227368 | 1588 | SH |  | SOLE |  | 1587 | 0 | 0 |
| CIA ENERGETICA DE MINAS GERA | SP ADR N-V PFD | 204409601 |  | 42022 | 21440 | SH |  | SOLE |  | 21440 | 0 | 0 |
| CION INVT CORP | COM | 17259U204 |  | 139904 | 14619 | SH |  | SOLE |  | 14619 | 0 | 0 |
| CLEVELAND-CLIFFS INC NEW | COM | 185899101 |  | 259586 | 34156 | SH |  | SOLE |  | 34156 | 0 | 0 |
| COHEN  STEERS INFRASTRUCTUR | COM | 19248A109 |  | 702964 | 26084 | SH |  | SOLE |  | 25417 | 0 | 667 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 526463 | 14751 | SH |  | SOLE |  | 14560 | 0 | 191 |
| CONAGRA BRANDS INC | COM | 205887102 |  | 827848 | 40442 | SH |  | SOLE |  | 39844 | 0 | 598 |
| CONFLUENT INC | CLASS A COM | 20717M103 |  | 1160492 | 46550 | SH |  | SOLE |  | 46550 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 230406 | 2567 | SH |  | SOLE |  | 2544 | 0 | 23 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 294559 | 298 | SH |  | SOLE |  | 297 | 0 | 0 |
| COUPANG INC | CL A | 22266T109 |  | 1035298 | 34556 | SH |  | SOLE |  | 33493 | 0 | 1063 |
| CREDO TECHNOLOGY GROUP HOLDI | ORDINARY SHARES | G25457105 |  | 733498 | 7922 | SH |  | SOLE |  | 7838 | 0 | 84 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 2124841 | 4172 | SH |  | SOLE |  | 4171 | 0 | 1 |
| CTO RLTY GROWTH INC NEW | COM | 22948Q101 |  | 293696 | 17016 | SH |  | SOLE |  | 16555 | 0 | 461 |
| DICKS SPORTING GOODS INC | COM | 253393102 |  | 208887 | 1056 | SH |  | SOLE |  | 1056 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 642868 | 5184 | SH |  | SOLE |  | 5184 | 0 | 0 |
| DOUBLELINE INCOME SOLUTIONS | COM | 258622109 |  | 377689 | 30857 | SH |  | SOLE |  | 30008 | 0 | 848 |
| DRAFTKINGS INC NEW | COM CL A | 26142V105 |  | 490276 | 11431 | SH |  | SOLE |  | 11199 | 0 | 232 |
| EAGLE POINT CREDIT COMPANY I | COM | 269808101 |  | 584052 | 76247 | SH |  | SOLE |  | 74241 | 0 | 2006 |
| EATON VANCE TAX-MANAGED BUY- | COM | 27828Y108 |  | 323851 | 23349 | SH |  | SOLE |  | 22602 | 0 | 747 |
| EDISON INTL | COM | 281020107 |  | 279156 | 5410 | SH |  | SOLE |  | 5410 | 0 | 0 |
| ELI LILLY  CO | COM | 532457108 |  | 2359650 | 3027 | SH |  | SOLE |  | 3019 | 0 | 8 |
| ETF SER SOLUTIONS | LHA RISK MANAGE | 26922B543 |  | 396093 | 15902 | SH |  | SOLE |  | 15902 | 0 | 0 |
| ETFIS SER TR I | VIRTUS INFRCAP | 26923G822 |  | 446137 | 21418 | SH |  | SOLE |  | 20944 | 0 | 474 |
| EXCHANGE LISTED FDS TR | SABA INT RATE | 30151E806 |  | 919668 | 41352 | SH |  | SOLE |  | 39931 | 0 | 1421 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 234579 | 2176 | SH |  | SOLE |  | 2176 | 0 | 0 |
| EZCORP INC | CL A NON VTG | 302301106 |  | 398106 | 28682 | SH |  | SOLE |  | 28282 | 0 | 400 |
| FEDEX CORP | COM | 31428X106 |  | 663063 | 2917 | SH |  | SOLE |  | 2917 | 0 | 0 |
| FIRST TR EXCH TRADED FD III | MANAGD MUN ETF | 33739N108 |  | 244815 | 4914 | SH |  | SOLE |  | 4914 | 0 | 0 |
| FIRST TR EXCHANGE TRADED FD | CLOUD COMPUTING | 33734X192 |  | 921545 | 7576 | SH |  | SOLE |  | 7437 | 0 | 139 |
| FIRST TR EXCHANGE TRADED FD | DJ GLBL DIVID | 33734X200 |  | 722787 | 26245 | SH |  | SOLE |  | 26245 | 0 | 0 |
| FIRST TR EXCHANGE TRADED FD | NASDAQ BUYWRITE | 33738R407 |  | 595328 | 30436 | SH |  | SOLE |  | 29359 | 0 | 1077 |
| FIRST TR EXCHANGE TRADED FD | NASDAQ CYB ETF | 33734X846 |  | 1030490 | 13634 | SH |  | SOLE |  | 13408 | 0 | 226 |
| FIRST TR EXCHANGE TRADED FD | RISNG DIVD ACHIV | 33738R506 |  | 9073499 | 144621 | SH |  | SOLE |  | 142371 | 0 | 2249 |
| FIRST TR EXCHANGE-TRADED ALP | COM SHS | 33734Y109 |  | 829409 | 8526 | SH |  | SOLE |  | 8363 | 0 | 163 |
| FIRST TR EXCHANGE-TRADED ALP | COM SHS | 33734K109 |  | 9123016 | 82967 | SH |  | SOLE |  | 81444 | 0 | 1522 |
| FIRST TR EXCHANGE-TRADED ALP | MID CAP VAL FD | 33737M201 |  | 217899 | 4210 | SH |  | SOLE |  | 4210 | 0 | 0 |
| FIRST TR EXCHANGE-TRADED FD | CAP STRENGTH ETF | 33733E104 |  | 4499976 | 49510 | SH |  | SOLE |  | 48638 | 0 | 872 |
| FIRST TR EXCHANGE-TRADED FD | DJ INTERNT IDX | 33733E302 |  | 330468 | 1227 | SH |  | SOLE |  | 1200 | 0 | 27 |
| FIRST TR EXCHANGE-TRADED FD | FIRST TR ENH NEW | 33739Q408 |  | 15526726 | 259341 | SH |  | SOLE |  | 255058 | 0 | 4282 |
| FIRST TR EXCHANGE-TRADED FD | FST LOW OPPT EFT | 33739Q200 |  | 5703175 | 115777 | SH |  | SOLE |  | 114347 | 0 | 1430 |
| FIRST TR EXCHANGE-TRADED FD | FT VEST RIS | 33738D879 |  | 1638347 | 66303 | SH |  | SOLE |  | 64723 | 0 | 1580 |
| FIRST TR EXCHANGE-TRADED FD | FT VEST S 500 | 33739Q705 |  | 2585017 | 52648 | SH |  | SOLE |  | 51636 | 0 | 1012 |
| FIRST TR EXCHANGE-TRADED FD | SHS | 336917109 |  | 2001344 | 47799 | SH |  | SOLE |  | 47539 | 0 | 260 |
| FIRST TR EXCHANGE-TRADED FD | SHS | 33734H106 |  | 2132816 | 47714 | SH |  | SOLE |  | 47019 | 0 | 695 |
| FIRST TR EXCHANGE-TRADED FD | SMID RISNG ETF | 33741X102 |  | 8041004 | 227920 | SH |  | SOLE |  | 224551 | 0 | 3368 |
| FIRST TR EXCHANGE-TRADED FD | US EQTY OPPT ETF | 336920103 |  | 302717 | 2089 | SH |  | SOLE |  | 2037 | 0 | 52 |
| FIRST TR EXCHANGE-TRADED FD | WCM INTL EQUITY | 33733E732 |  | 1073925 | 67500 | SH |  | SOLE |  | 67500 | 0 | 0 |
| FIRST TR EXCHNG TRADED FD VI | FT VEST U.S EQT | 33740U695 |  | 576068 | 15758 | SH |  | SOLE |  | 15758 | 0 | 0 |
| FIRST TR EXCHNG TRADED FD VI | FT VEST US | 33740F771 |  | 1234197 | 27645 | SH |  | SOLE |  | 27231 | 0 | 414 |
| FIRST TR EXCHNG TRADED FD VI | FT VEST US EQT | 33740F516 |  | 686979 | 17188 | SH |  | SOLE |  | 16881 | 0 | 307 |
| FIRST TR EXCHNG TRADED FD VI | FT VEST US EQT | 33740U737 |  | 612377 | 15706 | SH |  | SOLE |  | 15706 | 0 | 0 |
| FIRST TR EXCHNG TRADED FD VI | FT VEST US EQT | 33740F474 |  | 229760 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| FIRST TR EXCHNG TRADED FD VI | FT VEST US EQT | 33740U661 |  | 299461 | 7740 | SH |  | SOLE |  | 7740 | 0 | 0 |
| FIRST TR EXCHNG TRADED FD VI | FT VEST US EQUIT | 33740U547 |  | 384486 | 12066 | SH |  | SOLE |  | 12008 | 0 | 58 |
| FIRST TR EXCHNG TRADED FD VI | SMITH OPPORT FXD | 33740F805 |  | 10600456 | 241523 | SH |  | SOLE |  | 238015 | 0 | 3508 |
| FIRST TR EXCHNG TRADED FD VI | VEST US EQUITY M | 33740U612 |  | 599042 | 18650 | SH |  | SOLE |  | 17900 | 0 | 750 |
| FRANKLIN BSP RLTY TR INC | COMMON STOCK | 35243J101 |  | 171040 | 16000 | SH |  | SOLE |  | 16000 | 0 | 0 |
| GAMESTOP CORP NEW | CL A | 36467W109 |  | 857430 | 35155 | SH |  | SOLE |  | 31478 | 0 | 3677 |
| GENERAL MLS INC | COM | 370334104 |  | 318372 | 6145 | SH |  | SOLE |  | 6110 | 0 | 35 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 315314 | 2844 | SH |  | SOLE |  | 2844 | 0 | 0 |
| GLOBAL X FDS | ALTERNATIVE INCM | 37954Y806 |  | 343200 | 29434 | SH |  | SOLE |  | 29434 | 0 | 0 |
| GLOBAL X FDS | GLOBX SUPDV US | 37950E291 |  | 518874 | 29515 | SH |  | SOLE |  | 29515 | 0 | 0 |
| GLOBAL X FDS | NASDAQ 100 COVER | 37954Y483 |  | 958390 | 57320 | SH |  | SOLE |  | 55671 | 0 | 1649 |
| GLOBAL X FDS | NASDQ 100 CVRDGW | 37954Y269 |  | 433636 | 15576 | SH |  | SOLE |  | 14998 | 0 | 578 |
| GLOBAL X FDS | RUSSELL 2000 | 37954Y459 |  | 1000729 | 67118 | SH |  | SOLE |  | 65045 | 0 | 2073 |
| GLOBAL X FDS | RUSSELL 2000 COV | 37960A776 |  | 417110 | 19675 | SH |  | SOLE |  | 18931 | 0 | 744 |
| GLOBAL X FDS | S 500 COVERED | 37954Y475 |  | 743949 | 19105 | SH |  | SOLE |  | 18441 | 0 | 664 |
| GLOBAL X FDS | SUPERDIVIDEND | 37960A669 |  | 926217 | 41074 | SH |  | SOLE |  | 40124 | 0 | 949 |
| GLOBAL X FDS | US PFD ETF | 37954Y657 |  | 821662 | 43636 | SH |  | SOLE |  | 42615 | 0 | 1020 |
| GOLDMAN SACHS ETF TR | ACCES TREASURY | 381430529 |  | 1025937 | 10244 | SH |  | SOLE |  | 9467 | 0 | 777 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 295169 | 417 | SH |  | SOLE |  | 417 | 0 | 0 |
| GOLUB CAP BDC INC | COM | 38173M102 |  | 762064 | 52018 | SH |  | SOLE |  | 50634 | 0 | 1384 |
| HANCOCK JOHN FINL OPPTYS FD | SH BEN INT NEW | 409735206 |  | 943589 | 26640 | SH |  | SOLE |  | 25885 | 0 | 755 |
| HARLEY DAVIDSON INC | COM | 412822108 |  | 229321 | 9717 | SH |  | SOLE |  | 9554 | 0 | 163 |
| HEALTHCARE RLTY TR | CL A COM | 42226K105 |  | 335677 | 21165 | SH |  | SOLE |  | 20622 | 0 | 543 |
| HUMANA INC | COM | 444859102 |  | 523921 | 2143 | SH |  | SOLE |  | 2128 | 0 | 15 |
| ICAHN ENTERPRISES LP | DEPOSITARY UNIT | 451100101 |  | 153289 | 19054 | SH |  | SOLE |  | 19054 | 0 | 0 |
| INNOVATOR ETFS TRUST | DEFINED WLT SHLD | 45783Y855 |  | 1286985 | 40118 | SH |  | SOLE |  | 39460 | 0 | 658 |
| INNOVATOR ETFS TRUST | EQUITY DEF PROTN | 45783Y541 |  | 293040 | 10214 | SH |  | SOLE |  | 9594 | 0 | 620 |
| INNOVATOR ETFS TRUST | EQUITY DEFINED P | 45783Y244 |  | 241924 | 8588 | SH |  | SOLE |  | 5588 | 0 | 3000 |
| INNOVATOR ETFS TRUST | GRWT100 PWR BF | 45782C466 |  | 2062074 | 40632 | SH |  | SOLE |  | 39063 | 0 | 1569 |
| INNOVATOR ETFS TRUST | NASDAQ 100  MANA | 45783Y681 |  | 1817763 | 60917 | SH |  | SOLE |  | 60141 | 0 | 776 |
| INNOVATOR ETFS TRUST | NASDAQ-100 10 BU | 45783Y160 |  | 350684 | 12729 | SH |  | SOLE |  | 12729 | 0 | 0 |
| INNOVATOR ETFS TRUST | QUITY MANAGD FLR | 45783Y673 |  | 3702872 | 110303 | SH |  | SOLE |  | 109084 | 0 | 1219 |
| INNOVATOR ETFS TRUST | U S EQ 10 BUFFER | 45783Y442 |  | 617478 | 20048 | SH |  | SOLE |  | 19354 | 0 | 694 |
| INNOVATOR ETFS TRUST | US EQTY PWR BUF | 45782C797 |  | 1231112 | 29809 | SH |  | SOLE |  | 29321 | 0 | 488 |
| INNOVATOR ETFS TRUST | US EQTY ULTRA B | 45782C532 |  | 4346490 | 119278 | SH |  | SOLE |  | 115840 | 0 | 3438 |
| INTEL CORP | COM | 458140100 |  | 572427 | 25555 | SH |  | SOLE |  | 25249 | 0 | 305 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 1419660 | 4816 | SH |  | SOLE |  | 4816 | 0 | 0 |
| INVESCO ACTIVELY MANAGED EXC | ULTRA SHRT DUR | 46090A887 |  | 478135 | 9536 | SH |  | SOLE |  | 9280 | 0 | 256 |
| INVESCO EXCH TRADED FD TR II | KBW HIG DV YLD | 46138E610 |  | 579558 | 41785 | SH |  | SOLE |  | 40333 | 0 | 1452 |
| INVESCO EXCH TRADED FD TR II | SR LN ETF | 46138G508 |  | 1576134 | 75341 | SH |  | SOLE |  | 73554 | 0 | 1787 |
| INVESCO EXCHANGE TRADED FD T | GBL LISTED PVT | 46137V118 |  | 270649 | 3931 | SH |  | SOLE |  | 3779 | 0 | 152 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 6850817 | 12419 | SH |  | SOLE |  | 12178 | 0 | 241 |
| ISHARES TR | 0-3 MNTH TREASRY | 46436E718 |  | 1384185 | 13747 | SH |  | SOLE |  | 13747 | 0 | 0 |
| ISHARES TR | 20 YR TR BD ETF | 464287432 |  | 3898885 | 44180 | SH |  | SOLE |  | 43647 | 0 | 533 |
| ISHARES TR | 20+ YEAR TR BD | 46436E338 |  | 322364 | 13907 | SH |  | SOLE |  | 13907 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 |  | 5963124 | 9604 | SH |  | SOLE |  | 9453 | 0 | 151 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 827107 | 8338 | SH |  | SOLE |  | 8019 | 0 | 318 |
| ISHARES TR | EXPANDED TECH | 464287515 |  | 1474856 | 13469 | SH |  | SOLE |  | 13258 | 0 | 211 |
| ISHARES TR | GLOBAL ENERG ETF | 464287341 |  | 265718 | 6763 | SH |  | SOLE |  | 6653 | 0 | 110 |
| ISHARES TR | IBOXX INV CP ETF | 464287242 |  | 451264 | 4117 | SH |  | SOLE |  | 4117 | 0 | 0 |
| ISHARES TR | ISHARES BIOTECH | 464287556 |  | 587386 | 4643 | SH |  | SOLE |  | 4603 | 0 | 40 |
| ISHARES TR | MSCI INTL QUALTY | 46434V456 |  | 1202164 | 27815 | SH |  | SOLE |  | 27259 | 0 | 556 |
| ISHARES TR | MSCI USA QLT FCT | 46432F339 |  | 4054582 | 22178 | SH |  | SOLE |  | 21734 | 0 | 444 |
| ISHARES TR | PFD AND INCM SEC | 464288687 |  | 222307 | 7246 | SH |  | SOLE |  | 7233 | 0 | 13 |
| ISHARES TR | RUS 2000 GRW ETF | 464287648 |  | 314160 | 1099 | SH |  | SOLE |  | 1099 | 0 | 0 |
| ISHARES TR | RUS MID CAP ETF | 464287499 |  | 5656870 | 61508 | SH |  | SOLE |  | 60306 | 0 | 1201 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 5574601 | 25833 | SH |  | SOLE |  | 25341 | 0 | 492 |
| ISHARES TR | S 500 VAL ETF | 464287408 |  | 424061 | 2170 | SH |  | SOLE |  | 2170 | 0 | 0 |
| ISHARES TR | SHORT TREAS BD | 464288679 |  | 501086 | 4538 | SH |  | SOLE |  | 4038 | 0 | 500 |
| ISHARES TR | US CONSM STAPLES | 464287812 |  | 242028 | 3434 | SH |  | SOLE |  | 3381 | 0 | 53 |
| ISHARES TR | US TREAS BD ETF | 46429B267 |  | 397232 | 17286 | SH |  | SOLE |  | 17286 | 0 | 0 |
| ISHARES TR | USD INV GRDE ETF | 464288620 |  | 945982 | 18390 | SH |  | SOLE |  | 18390 | 0 | 0 |
| J P MORGAN EXCHANGE TRADED F | EQUITY PREMIUM | 46641Q332 |  | 1859279 | 32705 | SH |  | SOLE |  | 32179 | 0 | 526 |
| J P MORGAN EXCHANGE TRADED F | INCOME ETF | 46641Q159 |  | 453426 | 9789 | SH |  | SOLE |  | 9789 | 0 | 0 |
| J P MORGAN EXCHANGE TRADED F | NASDAQ EQT PREM | 46654Q203 |  | 710192 | 13055 | SH |  | SOLE |  | 12925 | 0 | 130 |
| J P MORGAN EXCHANGE TRADED F | U S TECH LEADERS | 46654Q732 |  | 1713524 | 20288 | SH |  | SOLE |  | 19964 | 0 | 324 |
| J P MORGAN EXCHANGE TRADED F | ULTRA SHRT ETF | 46641Q837 |  | 6651206 | 131239 | SH |  | SOLE |  | 129005 | 0 | 2234 |
| J P MORGAN EXCHANGE TRADED F | US MOMENTUM | 46641Q779 |  | 217557 | 3384 | SH |  | SOLE |  | 3291 | 0 | 93 |
| JACKSON FINANCIAL INC | COM CL A | 46817M107 |  | 354264 | 3990 | SH |  | SOLE |  | 3865 | 0 | 124 |
| JANUS DETROIT STR TR | B-BBB CLO ETF | 47103U753 |  | 559525 | 11606 | SH |  | SOLE |  | 11469 | 0 | 137 |
| JANUS DETROIT STR TR | HENDRSON AAA CL | 47103U845 |  | 1181511 | 23281 | SH |  | SOLE |  | 23281 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 498008 | 3260 | SH |  | SOLE |  | 3244 | 0 | 16 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 412542 | 1423 | SH |  | SOLE |  | 1423 | 0 | 0 |
| LIBERTY ALL STAR EQUITY FD | SH BEN INT | 530158104 |  | 727812 | 106874 | SH |  | SOLE |  | 103778 | 0 | 3096 |
| LISTED FDS TR | ROUNDHILL MAGNIF | 53656G498 |  | 994022 | 17920 | SH |  | SOLE |  | 17576 | 0 | 344 |
| MAIN STR CAP CORP | COM | 56035L104 |  | 490826 | 8305 | SH |  | SOLE |  | 8120 | 0 | 185 |
| MANAGED PORTFOLIO SERIES | KENSINGTON HEDGE | 56167N183 |  | 904670 | 35786 | SH |  | SOLE |  | 35301 | 0 | 485 |
| MANULIFE FINL CORP | COM | 56501R106 |  | 445714 | 13946 | SH |  | SOLE |  | 13779 | 0 | 167 |
| MCDONALDS CORP | COM | 580135101 |  | 365970 | 1253 | SH |  | SOLE |  | 1236 | 0 | 16 |
| MERCADOLIBRE INC | COM | 58733R102 |  | 381590 | 146 | SH |  | SOLE |  | 146 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 342446 | 4326 | SH |  | SOLE |  | 4272 | 0 | 54 |
| META PLATFORMS INC | CL A | 30303M102 |  | 1637156 | 2218 | SH |  | SOLE |  | 2218 | 0 | 0 |
| METLIFE INC | COM | 59156R108 |  | 273927 | 3406 | SH |  | SOLE |  | 3359 | 0 | 47 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 331666 | 2691 | SH |  | SOLE |  | 2672 | 0 | 19 |
| MICROSOFT CORP | COM | 594918104 |  | 3412130 | 6860 | SH |  | SOLE |  | 6850 | 0 | 9 |
| MOBILEYE GLOBAL INC | COMMON CLASS A | 60741F104 |  | 1363603 | 75840 | SH |  | SOLE |  | 70830 | 0 | 5010 |
| NEOS ETF TRUST | NEOS S 500 HI | 78433H303 |  | 832645 | 16547 | SH |  | SOLE |  | 16136 | 0 | 411 |
| NETFLIX INC | COM | 64110L106 |  | 453965 | 339 | SH |  | SOLE |  | 339 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 223350 | 3144 | SH |  | SOLE |  | 3137 | 0 | 7 |
| NU HLDGS LTD | ORD SHS CL A | G6683N103 |  | 703836 | 51300 | SH |  | SOLE |  | 48887 | 0 | 2413 |
| NUVEEN PFD  INCOME OPPORTUN | COM | 67073B106 |  | 890011 | 110974 | SH |  | SOLE |  | 107972 | 0 | 3002 |
| NUVEEN S 500 BUY-WRITE INC | COM | 6706ER101 |  | 241956 | 17432 | SH |  | SOLE |  | 17432 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 4814323 | 30472 | SH |  | SOLE |  | 30412 | 0 | 60 |
| OCCIDENTAL PETE CORP | COM | 674599105 |  | 442281 | 10528 | SH |  | SOLE |  | 10528 | 0 | 0 |
| OKEANIS ECO TANKERS COR | SHS | Y64177101 |  | 217908 | 10028 | SH |  | SOLE |  | 9769 | 0 | 259 |
| OKTA INC | CL A | 679295105 |  | 795261 | 7955 | SH |  | SOLE |  | 7830 | 0 | 125 |
| OLD DOMINION FREIGHT LINE IN | COM | 679580100 |  | 220246 | 1357 | SH |  | SOLE |  | 1332 | 0 | 25 |
| OMEGA HEALTHCARE INVS INC | COM | 681936100 |  | 320688 | 8750 | SH |  | SOLE |  | 8643 | 0 | 107 |
| ORACLE CORP | COM | 68389X105 |  | 436300 | 1996 | SH |  | SOLE |  | 1995 | 0 | 0 |
| ORGANON  CO | COMMON STOCK | 68622V106 |  | 874511 | 90342 | SH |  | SOLE |  | 87248 | 0 | 3094 |
| OXFORD LANE CAP CORP | COM | 691543102 |  | 1855472 | 441779 | SH |  | SOLE |  | 436955 | 0 | 4824 |
| PACER FDS TR | GLOBL CASH ETF | 69374H709 |  | 315569 | 8311 | SH |  | SOLE |  | 8311 | 0 | 0 |
| PACER FDS TR | METAURUS CAP 400 | 69374H436 |  | 202864 | 5141 | SH |  | SOLE |  | 5141 | 0 | 0 |
| PACER FDS TR | US CASH COWS 100 | 69374H881 |  | 348012 | 6316 | SH |  | SOLE |  | 6316 | 0 | 0 |
| PACER FDS TR | US SMALL CAP CAS | 69374H857 |  | 214006 | 5375 | SH |  | SOLE |  | 5375 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 1208613 | 8866 | SH |  | SOLE |  | 8866 | 0 | 0 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 1579616 | 7719 | SH |  | SOLE |  | 7693 | 0 | 26 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 1472279 | 19810 | SH |  | SOLE |  | 19361 | 0 | 449 |
| PFIZER INC | COM | 717081103 |  | 438792 | 18102 | SH |  | SOLE |  | 18102 | 0 | 0 |
| PILGRIMS PRIDE CORP | COM | 72147K108 |  | 392990 | 8737 | SH |  | SOLE |  | 8628 | 0 | 109 |
| PIMCO CORPORATE  INCOME OPP | COM | 72201B101 |  | 1601890 | 115161 | SH |  | SOLE |  | 112318 | 0 | 2843 |
| PIMCO DYNAMIC INCOME FD | SHS | 72201Y101 |  | 1191297 | 62799 | SH |  | SOLE |  | 61050 | 0 | 1749 |
| PIMCO DYNAMIC INCOME OPRNTS | COM BEN SHS | 69355M107 |  | 788445 | 58490 | SH |  | SOLE |  | 56784 | 0 | 1706 |
| PIMCO ETF TR | ENHAN SHRT MA AC | 72201R833 |  | 686554 | 6829 | SH |  | SOLE |  | 6702 | 0 | 127 |
| PRICE T ROWE GROUP INC | COM | 74144T108 |  | 278113 | 2882 | SH |  | SOLE |  | 2830 | 0 | 52 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 1801298 | 11306 | SH |  | SOLE |  | 11271 | 0 | 35 |
| PROSHARES TR | BITCOIN ETF | 74347G440 |  | 770639 | 35827 | SH |  | SOLE |  | 35319 | 0 | 508 |
| REAVES UTIL INCOME FD | COM SH BEN INT | 756158101 |  | 288789 | 7982 | SH |  | SOLE |  | 7872 | 0 | 110 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 |  | 442624 | 843 | SH |  | SOLE |  | 829 | 0 | 14 |
| RIVIAN AUTOMOTIVE INC | COM CL A | 76954A103 |  | 952457 | 69320 | SH |  | SOLE |  | 64407 | 0 | 4913 |
| ROYCE SMALL CAP TRUST INC | COM | 780910105 |  | 757286 | 50318 | SH |  | SOLE |  | 49126 | 0 | 1192 |
| SALESFORCE INC | COM | 79466L302 |  | 272417 | 999 | SH |  | SOLE |  | 994 | 0 | 5 |
| SAMSARA INC | COM CL A | 79589L106 |  | 1070082 | 26900 | SH |  | SOLE |  | 26900 | 0 | 0 |
| SANA BIOTECHNOLOGY INC | COM | 799566104 |  | 40063 | 14675 | SH |  | SOLE |  | 11775 | 0 | 2900 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 355517 | 3897 | SH |  | SOLE |  | 3896 | 0 | 0 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 |  | 701124 | 8267 | SH |  | SOLE |  | 8013 | 0 | 254 |
| SELECT SECTOR SPDR TR | SBI CONS STPLS | 81369Y308 |  | 578855 | 7149 | SH |  | SOLE |  | 7066 | 0 | 83 |
| SELECT SECTOR SPDR TR | SBI HEALTHCARE | 81369Y209 |  | 547652 | 4063 | SH |  | SOLE |  | 4012 | 0 | 51 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 |  | 423654 | 1673 | SH |  | SOLE |  | 1653 | 0 | 20 |
| SENTINELONE INC | CL A | 81730H109 |  | 611722 | 33464 | SH |  | SOLE |  | 32729 | 0 | 735 |
| SHIFT4 PMTS INC | CL A | 82452J109 |  | 489306 | 4937 | SH |  | SOLE |  | 4830 | 0 | 107 |
| SHOPIFY INC | CL A SUB VTG SHS | 82509L107 |  | 674451 | 5847 | SH |  | SOLE |  | 5837 | 0 | 10 |
| SILA REALTY TRUST INC | COMMON STOCK | 146280508 |  | 350269 | 14798 | SH |  | SOLE |  | 14798 | 0 | 0 |
| SLR INVESTMENT CORP | COM | 83413U100 |  | 617226 | 38242 | SH |  | SOLE |  | 37188 | 0 | 1054 |
| SNOWFLAKE INC | CL A | 833445109 |  | 2043244 | 9131 | SH |  | SOLE |  | 9131 | 0 | 0 |
| SOFI TECHNOLOGIES INC | COM | 83406F102 |  | 1954388 | 107325 | SH |  | SOLE |  | 105024 | 0 | 2301 |
| SPDR DOW JONES INDL AVERAGE | UT SER 1 | 78467X109 |  | 1754373 | 3981 | SH |  | SOLE |  | 3975 | 0 | 6 |
| SPDR INDEX SHS FDS | PORTFOLIO DEVLPD | 78463X889 |  | 518717 | 12811 | SH |  | SOLE |  | 10330 | 0 | 2481 |
| SPDR INDEX SHS FDS | PORTFOLIO EMG MK | 78463X509 |  | 921389 | 21558 | SH |  | SOLE |  | 19130 | 0 | 2428 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 9115490 | 14754 | SH |  | SOLE |  | 14258 | 0 | 495 |
| SPDR S MIDCAP 400 ETF TR | UTSER1 S | 78467Y107 |  | 1043456 | 1842 | SH |  | SOLE |  | 1798 | 0 | 44 |
| SPDR SERIES TRUST | BLOOMBERG 1-3 MO | 78468R663 |  | 625232 | 6816 | SH |  | SOLE |  | 6703 | 0 | 113 |
| SPDR SERIES TRUST | PORTFOLI S | 78464A805 |  | 360371 | 4812 | SH |  | SOLE |  | 4800 | 0 | 12 |
| SPDR SERIES TRUST | PORTFOLIO S | 78468R853 |  | 225865 | 5302 | SH |  | SOLE |  | 4616 | 0 | 686 |
| SPDR SERIES TRUST | S METALS MNG | 78464A755 |  | 265048 | 3943 | SH |  | SOLE |  | 3811 | 0 | 132 |
| SPROTT ETF TRUST | JR GOLD MINERS E | 85210B201 |  | 289614 | 5825 | SH |  | SOLE |  | 5603 | 0 | 222 |
| SSGA ACTIVE TR | SPDR SSGA FXD | 78470P507 |  | 239847 | 9282 | SH |  | SOLE |  | 8185 | 0 | 1097 |
| SSGA ACTIVE TR | SPDR SSGA US SCT | 78470P408 |  | 614665 | 11192 | SH |  | SOLE |  | 8658 | 0 | 2534 |
| STERLING INFRASTRUCTURE INC | COM | 859241101 |  | 496531 | 2152 | SH |  | SOLE |  | 2124 | 0 | 28 |
| SUPER MICRO COMPUTER INC | COM NEW | 86800U302 |  | 401882 | 8200 | SH |  | SOLE |  | 8100 | 0 | 100 |
| SWEETGREEN INC | COM CL A | 87043Q108 |  | 628412 | 42232 | SH |  | SOLE |  | 40693 | 0 | 1539 |
| TESLA INC | COM | 88160R101 |  | 1634678 | 5146 | SH |  | SOLE |  | 5146 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 278146 | 686 | SH |  | SOLE |  | 686 | 0 | 0 |
| TOAST INC | CL A | 888787108 |  | 555175 | 12535 | SH |  | SOLE |  | 12257 | 0 | 278 |
| TOPGOLF CALLAWAY BRANDS CORP | COM | 131193104 |  | 1032445 | 128254 | SH |  | SOLE |  | 124750 | 0 | 3504 |
| TWILIO INC | CL A | 90138F102 |  | 270607 | 2176 | SH |  | SOLE |  | 2131 | 0 | 45 |
| TWO HBRS INVT CORP | COM | 90187B804 |  | 287824 | 26725 | SH |  | SOLE |  | 25980 | 0 | 744 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 649741 | 6964 | SH |  | SOLE |  | 6903 | 0 | 61 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 1324336 | 4245 | SH |  | SOLE |  | 4163 | 0 | 82 |
| VANECK ETF TRUST | BDC INCOME ETF | 92189F411 |  | 483125 | 29676 | SH |  | SOLE |  | 29042 | 0 | 634 |
| VANECK ETF TRUST | MRNGSTR WDE MOAT | 92189F643 |  | 1937407 | 20657 | SH |  | SOLE |  | 20396 | 0 | 260 |
| VANECK ETF TRUST | SEMICONDUCTR ETF | 92189F676 |  | 750745 | 2692 | SH |  | SOLE |  | 2667 | 0 | 25 |
| VANECK ETF TRUST | URANIUM AND NUCL | 92189F601 |  | 347549 | 3126 | SH |  | SOLE |  | 3126 | 0 | 0 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 |  | 8035456 | 109133 | SH |  | SOLE |  | 107823 | 0 | 1309 |
| VANGUARD CHARLOTTE FDS | TOTAL INT BD ETF | 92203J407 |  | 5441006 | 109897 | SH |  | SOLE |  | 108594 | 0 | 1303 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 733408 | 1291 | SH |  | SOLE |  | 1291 | 0 | 0 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 1887405 | 6210 | SH |  | SOLE |  | 6106 | 0 | 104 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 213785 | 1210 | SH |  | SOLE |  | 1173 | 0 | 36 |
| VANGUARD INSTL INDEX FD | 0-3 MO TREAS BIL | 922040845 |  | 409783 | 5424 | SH |  | SOLE |  | 5424 | 0 | 0 |
| VANGUARD MALVERN FDS | CORE-PLUS BD ETF | 922020755 |  | 2272763 | 29213 | SH |  | SOLE |  | 28837 | 0 | 376 |
| VANGUARD SCOTTSDALE FDS | INT-TERM CORP | 92206C870 |  | 716014 | 8635 | SH |  | SOLE |  | 8628 | 0 | 7 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 223704 | 1093 | SH |  | SOLE |  | 1093 | 0 | 0 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 |  | 524975 | 3938 | SH |  | SOLE |  | 3938 | 0 | 0 |
| VANGUARD WORLD FD | ENERGY ETF | 92204A306 |  | 235619 | 1978 | SH |  | SOLE |  | 1965 | 0 | 13 |
| VANGUARD WORLD FD | FINANCIALS ETF | 92204A405 |  | 214246 | 1683 | SH |  | SOLE |  | 1683 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 792243 | 18309 | SH |  | SOLE |  | 18099 | 0 | 210 |
| VICTORY PORTFOLIOS II | SHARES FREE CASH | 92647X830 |  | 2741392 | 77550 | SH |  | SOLE |  | 76009 | 0 | 1541 |
| VIRTUS ETF TR II | VIRTUS US QLTY | 92790A504 |  | 288836 | 7062 | SH |  | SOLE |  | 7062 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 597872 | 7462 | SH |  | SOLE |  | 7462 | 0 | 0 |
| WORLD GOLD TR | SPDR GLD MINIS | 98149E303 |  | 679770 | 10375 | SH |  | SOLE |  | 10205 | 0 | 170 |
| XAI OCTAGN FLT RAT  ALT INM | COM | 98400T106 |  | 579085 | 102493 | SH |  | SOLE |  | 99132 | 0 | 3361 |
| XCEL ENERGY INC | COM | 98389B100 |  | 272536 | 4002 | SH |  | SOLE |  | 4002 | 0 | 0 |
| ZSCALER INC | COM | 98980G102 |  | 273756 | 872 | SH |  | SOLE |  | 872 | 0 | 0 |

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