# EDGAR Filing Document

**Accession Number:** 0000709428
**File Stem:** 0000709428-26-000002
**Filing Date:** 2026-2
**Character Count:** 46687
**Document Hash:** 5ef96e7d28602768a9525933a45da647
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000709428-26-000002.hdr.sgml**: 20260213

**ACCESSION NUMBER**: 0000709428-26-000002

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260213

**DATE AS OF CHANGE**: 20260212

**EFFECTIVENESS DATE**: 20260213

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** COZAD ASSET MANAGEMENT INC
- **CENTRAL INDEX KEY:** 0000709428

**ORGANIZATION NAME:**
- **EIN:** 370958133
- **STATE OF INCORPORATION:** IL
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-18895
- **FILM NUMBER:** 26628256

**BUSINESS ADDRESS:**
- **STREET 1:** 2501 GALEN DRIVE
- **STREET 2:** P.O. BOX 3669
- **CITY:** CHAMPAIGN
- **STATE:** IL
- **ZIP:** 61821
- **BUSINESS PHONE:** 2173568363

**MAIL ADDRESS:**
- **STREET 1:** 2501 GALEN DRIVE
- **STREET 2:** P.O. BOX 3669
- **CITY:** CHAMPAIGN
- **STATE:** IL
- **ZIP:** 61821

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** COZAD FINANCIAL PLANNING CORP                           /ADV
- **DATE OF NAME CHANGE:** 19910401

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** COZAD ASSET MANAGEMENT INC                              /ADV
- **DATE OF NAME CHANGE:** 19821118

### 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:** COZAD ASSET MANAGEMENT INC<br>**Address:** 2501 GALEN DRIVE<br>P.O. BOX 3669<br>CHAMPAIGN, IL 61821

**Form 13F File Number:** 028-18895

**CRD Number (if applicable):** 000104764

**SEC File Number (if applicable):** 801-18060

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:** S. Craig Kiddoo<br>**Title:** Chief Compliance Officer<br>**Phone:** 217-356-8363

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

S. Craig Kiddoo CCO  Champaign, IL  02-12-2026<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:** 422

**Form 13F Information Table Value Total:** $1289882098

      (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 Upstream Corp. | COM | 013872106 |  | 6969311 | 131150 | SH |  | SOLE |  | 0 | 0 | 131150 |
| Apple Inc. | COM | 037833100 |  | 40559645 | 149193 | SH |  | SOLE |  | 0 | 0 | 149193 |
| ABB Ltd. Sponsored ADR | COM | 000375204 |  | 310082 | 4192 | SH |  | SOLE |  | 0 | 0 | 4192 |
| AbbVie Inc. | COM | 00287y109 |  | 3751692 | 16420 | SH |  | SOLE |  | 0 | 0 | 16420 |
| Abbott Laboratories | COM | 002824100 |  | 1757897 | 14031 | SH |  | SOLE |  | 0 | 0 | 14031 |
| IShares - MSCI ACWI ex US ETF | COM | 464288240 |  | 204075 | 3040 | SH |  | SOLE |  | 0 | 0 | 3040 |
| Analog Devices Inc. | COM | 032654105 |  | 371002 | 1368 | SH |  | SOLE |  | 0 | 0 | 1368 |
| Archer Daniels Midland | COM | 039483102 |  | 5653502 | 98339 | SH |  | SOLE |  | 0 | 0 | 98339 |
| Automatic Data Processing | COM | 053015103 |  | 1163323 | 4523 | SH |  | SOLE |  | 0 | 0 | 4523 |
| Autodesk | COM | 052769106 |  | 269369 | 910 | SH |  | SOLE |  | 0 | 0 | 910 |
| Ameren Corp. | COM | 023608102 |  | 501034 | 5017 | SH |  | SOLE |  | 0 | 0 | 5017 |
| American Electric Power | COM | 025537101 |  | 259793 | 2253 | SH |  | SOLE |  | 0 | 0 | 2253 |
| AES Corp. | COM | 00130H105 |  | 2609851 | 181998 | SH |  | SOLE |  | 0 | 0 | 181998 |
| AFLAC Inc. | COM | 001055102 |  | 1188075 | 10774 | SH |  | SOLE |  | 0 | 0 | 10774 |
| AGNC Investment Corp | COM | 00123q104 |  | 1915450 | 178680 | SH |  | SOLE |  | 0 | 0 | 178680 |
| First Trust RBA Amern Indl Renaissance ETF | COM | 33738r704 |  | 205784 | 2093 | SH |  | SOLE |  | 0 | 0 | 2093 |
| Gallagher Arthur J  Co. | COM | 363576109 |  | 475268 | 1837 | SH |  | SOLE |  | 0 | 0 | 1837 |
| Alaska Air Group Inc. | COM | 011659109 |  | 1732081 | 34435 | SH |  | SOLE |  | 0 | 0 | 34435 |
| Applied Materials | COM | 038222105 |  | 1068307 | 4157 | SH |  | SOLE |  | 0 | 0 | 4157 |
| Advanced Micro Devices | COM | 007903107 |  | 490212 | 2289 | SH |  | SOLE |  | 0 | 0 | 2289 |
| Amgen Inc. | COM | 031162100 |  | 588831 | 1799 | SH |  | SOLE |  | 0 | 0 | 1799 |
| Ameriprise Financial Inc. | COM | 03076c106 |  | 235854 | 481 | SH |  | SOLE |  | 0 | 0 | 481 |
| Amazon.com Inc. | COM | 023135106 |  | 22907962 | 99246 | SH |  | SOLE |  | 0 | 0 | 99246 |
| Arista Networks Inc. | COM | 040413205 |  | 885370 | 6757 | SH |  | SOLE |  | 0 | 0 | 6757 |
| Air Products  Chem | COM | 009158106 |  | 248502 | 1006 | SH |  | SOLE |  | 0 | 0 | 1006 |
| Apple Hospitality REIT Inc. | COM | 03784Y200 |  | 959554 | 80975 | SH |  | SOLE |  | 0 | 0 | 80975 |
| AppLovin Corporation | COM | 03831w108 |  | 27117212 | 40244 | SH |  | SOLE |  | 0 | 0 | 40244 |
| Arrow Electronics | COM | 042735100 |  | 865464 | 7855 | SH |  | SOLE |  | 0 | 0 | 7855 |
| ASML Hldg N V | COM | n07059210 |  | 8168439 | 7635 | SH |  | SOLE |  | 0 | 0 | 7635 |
| Avantis International Equity - ETF | COM | 025072703 |  | 2260043 | 27454 | SH |  | SOLE |  | 0 | 0 | 27454 |
| Avantis Emerging Markets Equity - ETF | COM | 025072604 |  | 1373506 | 17833 | SH |  | SOLE |  | 0 | 0 | 17833 |
| Broadcom Inc. | COM | 11135f101 |  | 27012137 | 78047 | SH |  | SOLE |  | 0 | 0 | 78047 |
| Avnet Inc. | COM | 053807103 |  | 252612 | 5254 | SH |  | SOLE |  | 0 | 0 | 5254 |
| American Centy ETF TR Avantis US Equity | COM | 025072885 |  | 1906847 | 17059 | SH |  | SOLE |  | 0 | 0 | 17059 |
| Avantis U.S. Small Cap Value - ETF | COM | 025072877 |  | 3168238 | 31067 | SH |  | SOLE |  | 0 | 0 | 31067 |
| American States Water Co. | COM | 029899101 |  | 225413 | 3110 | SH |  | SOLE |  | 0 | 0 | 3110 |
| American Express | COM | 025816109 |  | 2207113 | 5966 | SH |  | SOLE |  | 0 | 0 | 5966 |
| AstraZeneca PLC | COM | g0593m107 |  | 1190769 | 12953 | SH |  | SOLE |  | 0 | 0 | 12953 |
| Bank of America | COM | 060505104 |  | 606595 | 11029 | SH |  | SOLE |  | 0 | 0 | 11029 |
| Barings BDC Inc. | COM | 06759l103 |  | 145723 | 15874 | SH |  | SOLE |  | 0 | 0 | 15874 |
| Best Buy Company Inc. | COM | 086516101 |  | 1478484 | 22090 | SH |  | SOLE |  | 0 | 0 | 22090 |
| Becton Dickinson  Co. | COM | 075887109 |  | 357574 | 1843 | SH |  | SOLE |  | 0 | 0 | 1843 |
| BHP Billiton Ltd. ADR | COM | 088606108 |  | 201032 | 3330 | SH |  | SOLE |  | 0 | 0 | 3330 |
| Black Hills Corp. | COM | 092113109 |  | 3278360 | 47225 | SH |  | SOLE |  | 0 | 0 | 47225 |
| Booking Holdings Inc. | COM | 09857l108 |  | 937183 | 175 | SH |  | SOLE |  | 0 | 0 | 175 |
| Blackrock Inc. | COM | 09290d101 |  | 235475 | 220 | SH |  | SOLE |  | 0 | 0 | 220 |
| Bank of Montreal | COM | 063671101 |  | 368214 | 2837 | SH |  | SOLE |  | 0 | 0 | 2837 |
| Bristol-Myers Squibb | COM | 110122108 |  | 343220 | 6363 | SH |  | SOLE |  | 0 | 0 | 6363 |
| BP Amoco PLC ADR | COM | 055622104 |  | 1147187 | 33032 | SH |  | SOLE |  | 0 | 0 | 33032 |
| Berkshire Hathaway Cl. A | COM | 084670108 |  | 754800 | 1 | SH |  | SOLE |  | 0 | 0 | 1 |
| Berkshire Hathaway Cl. B | COM | 084670702 |  | 6429055 | 12790 | SH |  | SOLE |  | 0 | 0 | 12790 |
| FT CBOE Vest Fund of Buffer - ETF | COM | 33740f755 |  | 1064311 | 31066 | SH |  | SOLE |  | 0 | 0 | 31066 |
| First Busey Corp. | COM | 319383204 |  | 5898493 | 247940 | SH |  | SOLE |  | 0 | 0 | 247940 |
| Blackstone Group Inc. Cl. A | COM | 09260d107 |  | 12815380 | 83141 | SH |  | SOLE |  | 0 | 0 | 83141 |
| Cardinal Health | COM | 14149y108 |  | 6471195 | 31490 | SH |  | SOLE |  | 0 | 0 | 31490 |
| Pacer U.S. Small Cap Cash Cows 100 - ETF | COM | 69374H857 |  | 2949259 | 66470 | SH |  | SOLE |  | 0 | 0 | 66470 |
| Cal-Maine Foods Inc. | COM | 128030202 |  | 2539795 | 31919 | SH |  | SOLE |  | 0 | 0 | 31919 |
| Caseys General Stores Inc. | COM | 147528103 |  | 431114 | 780 | SH |  | SOLE |  | 0 | 0 | 780 |
| Caterpillar Inc. | COM | 149123101 |  | 4741119 | 8276 | SH |  | SOLE |  | 0 | 0 | 8276 |
| Coca Cola European Partners PLC | COM | g25839104 |  | 491775 | 5422 | SH |  | SOLE |  | 0 | 0 | 5422 |
| Capital Group Dividend Value - ETF | COM | 14020w106 |  | 10449438 | 239446 | SH |  | SOLE |  | 0 | 0 | 239446 |
| Capital Group Global Growth Equity - ETF | COM | 14020x104 |  | 232328 | 6705 | SH |  | SOLE |  | 0 | 0 | 6705 |
| Capital Group Growth - ETF | COM | 14020g101 |  | 7883041 | 177267 | SH |  | SOLE |  | 0 | 0 | 177267 |
| Capital Group Core Equity - ETF | COM | 14020v108 |  | 1416029 | 35198 | SH |  | SOLE |  | 0 | 0 | 35198 |
| Capital Group International Focus - ETF | COM | 14019w109 |  | 248822 | 8420 | SH |  | SOLE |  | 0 | 0 | 8420 |
| First Trust NASDAQ Cybersecurity - ETF | COM | 33734X846 |  | 520671 | 7287 | SH |  | SOLE |  | 0 | 0 | 7287 |
| Civitas Resources Inc. | COM | 17888h103 |  | 1522810 | 56213 | SH |  | SOLE |  | 0 | 0 | 56213 |
| Colgate Palmolive Co. | COM | 194162103 |  | 767561 | 9714 | SH |  | SOLE |  | 0 | 0 | 9714 |
| Canadian Imperial Bank of Commerce | COM | 136069101 |  | 254977 | 2814 | SH |  | SOLE |  | 0 | 0 | 2814 |
| CME Group Inc. | COM | 12572q105 |  | 270349 | 990 | SH |  | SOLE |  | 0 | 0 | 990 |
| Chipotle Mexican Grill A | COM | 169656105 |  | 4259033 | 115109 | SH |  | SOLE |  | 0 | 0 | 115109 |
| Cummins Engine Inc. | COM | 231021106 |  | 1349119 | 2643 | SH |  | SOLE |  | 0 | 0 | 2643 |
| Capital One Financial | COM | 14040H105 |  | 525921 | 2170 | SH |  | SOLE |  | 0 | 0 | 2170 |
| ConocoPhillips | COM | 20825C104 |  | 531643 | 5679 | SH |  | SOLE |  | 0 | 0 | 5679 |
| Cencora Inc. | COM | 03073E105 |  | 8994999 | 26632 | SH |  | SOLE |  | 0 | 0 | 26632 |
| Costco Wholesale Corp. | COM | 22160K105 |  | 15261262 | 17698 | SH |  | SOLE |  | 0 | 0 | 17698 |
| Pacer Large Cap Cash Cows Growth - ETF | COM | 69374h360 |  | 648358 | 18414 | SH |  | SOLE |  | 0 | 0 | 18414 |
| Pacer U.S. Cash Cows 100 - ETF | COM | 69374h881 |  | 12076835 | 200712 | SH |  | SOLE |  | 0 | 0 | 200712 |
| Salesforce.com | COM | 79466l302 |  | 3773643 | 14245 | SH |  | SOLE |  | 0 | 0 | 14245 |
| Crowdstrike Holdings Inc. | COM | 22788c105 |  | 741110 | 1581 | SH |  | SOLE |  | 0 | 0 | 1581 |
| Cisco Systems | COM | 17275r102 |  | 2011715 | 26116 | SH |  | SOLE |  | 0 | 0 | 26116 |
| Capital Southwest Corp. | COM | 140501107 |  | 1160217 | 52380 | SH |  | SOLE |  | 0 | 0 | 52380 |
| CSX Corp. | COM | 126408103 |  | 272201 | 7509 | SH |  | SOLE |  | 0 | 0 | 7509 |
| CareTrust REIT Inc. | COM | 14174t107 |  | 2051682 | 56739 | SH |  | SOLE |  | 0 | 0 | 56739 |
| Corteva Inc. | COM | 22052l104 |  | 255988 | 3819 | SH |  | SOLE |  | 0 | 0 | 3819 |
| CVS Health Corp. | COM | 126650100 |  | 741222 | 9340 | SH |  | SOLE |  | 0 | 0 | 9340 |
| Chevron Corp. | COM | 166764100 |  | 817984 | 5367 | SH |  | SOLE |  | 0 | 0 | 5367 |
| Delta Airlines Inc. | COM | 247361702 |  | 11391177 | 164138 | SH |  | SOLE |  | 0 | 0 | 164138 |
| Deere  Co. | COM | 244199105 |  | 920254 | 1977 | SH |  | SOLE |  | 0 | 0 | 1977 |
| Dimensional US Marketwide Value - ETF | COM | 25434v724 |  | 396621 | 8513 | SH |  | SOLE |  | 0 | 0 | 8513 |
| WisdomTree US Quality Dividend Gr ETF | COM | 97717x669 |  | 308086 | 3445 | SH |  | SOLE |  | 0 | 0 | 3445 |
| Quest Diagnostics | COM | 74834L100 |  | 1823280 | 10507 | SH |  | SOLE |  | 0 | 0 | 10507 |
| Danaher Corp. | COM | 235851102 |  | 256848 | 1122 | SH |  | SOLE |  | 0 | 0 | 1122 |
| SPDR Dow Jones Industrial Average ETF | COM | 78467x109 |  | 1149625 | 2392 | SH |  | SOLE |  | 0 | 0 | 2392 |
| Walt Disney Co | COM | 254687106 |  | 589897 | 5185 | SH |  | SOLE |  | 0 | 0 | 5185 |
| Dicks Sporting Goods | COM | 253393102 |  | 2340797 | 11824 | SH |  | SOLE |  | 0 | 0 | 11824 |
| WisdomTree U.S. LargeCap Dividend ETF | COM | 97717w307 |  | 736261 | 8359 | SH |  | SOLE |  | 0 | 0 | 8359 |
| Digital Realty Trust Inc. | COM | 253868103 |  | 3095438 | 20008 | SH |  | SOLE |  | 0 | 0 | 20008 |
| Duke Energy Corp | COM | 26441c204 |  | 283179 | 2416 | SH |  | SOLE |  | 0 | 0 | 2416 |
| Devon Energy Corp. | COM | 25179M103 |  | 2269045 | 61945 | SH |  | SOLE |  | 0 | 0 | 61945 |
| IShares Select Dividend ETF | COM | 464287168 |  | 2068266 | 14654 | SH |  | SOLE |  | 0 | 0 | 14654 |
| Blackrock iShares US Eq Facto Rotation ETF | COM | 09290c103 |  | 1337974 | 22003 | SH |  | SOLE |  | 0 | 0 | 22003 |
| IShares MSCI EAFE ETF | COM | 464287465 |  | 399659 | 4162 | SH |  | SOLE |  | 0 | 0 | 4162 |
| First TR. Ex. Tr. FD N. American Energy | COM | 33738d101 |  | 790338 | 20870 | SH |  | SOLE |  | 0 | 0 | 20870 |
| Emerson Electric Co. | COM | 291011104 |  | 368696 | 2778 | SH |  | SOLE |  | 0 | 0 | 2778 |
| Enbridge Inc. | COM | 29250n105 |  | 2622550 | 54727 | SH |  | SOLE |  | 0 | 0 | 54727 |
| Eversource Energy Com. | COM | 30040w108 |  | 260163 | 3864 | SH |  | SOLE |  | 0 | 0 | 3864 |
| Vanguard ESG US Stock - ETF | COM | 921910733 |  | 908628 | 7512 | SH |  | SOLE |  | 0 | 0 | 7512 |
| Essent Group Ltd. | COM | g3198u102 |  | 1697671 | 26114 | SH |  | SOLE |  | 0 | 0 | 26114 |
| Essex Property Trust | COM | 297178105 |  | 1817106 | 6944 | SH |  | SOLE |  | 0 | 0 | 6944 |
| Eaton Corp. PLC | COM | g29183103 |  | 1709443 | 5367 | SH |  | SOLE |  | 0 | 0 | 5367 |
| Edwards Lifesciences Corp. | COM | 28176E108 |  | 208692 | 2448 | SH |  | SOLE |  | 0 | 0 | 2448 |
| Expedia Group Inc. | COM | 30212p303 |  | 9068470 | 32009 | SH |  | SOLE |  | 0 | 0 | 32009 |
| Fidelity Merrimack Str Total Bond Fund ETF | COM | 316188309 |  | 2919235 | 63407 | SH |  | SOLE |  | 0 | 0 | 63407 |
| First Trust NYSE Arca Biotech ETF | COM | 33733e203 |  | 276737 | 1340 | SH |  | SOLE |  | 0 | 0 | 1340 |
| First Trust Morningstar Div Leaders ETF | COM | 336917109 |  | 6903634 | 155698 | SH |  | SOLE |  | 0 | 0 | 155698 |
| First Trust Dow Jones Internet ETF | COM | 33733e302 |  | 284254 | 1056 | SH |  | SOLE |  | 0 | 0 | 1056 |
| Fidelity Covington TR Enhanced LC Grow ETF | COM | 31609a305 |  | 289491 | 6942 | SH |  | SOLE |  | 0 | 0 | 6942 |
| Fidelity Covington TR Enhanced Int'l ETF | COM | 31609a404 |  | 3380902 | 92425 | SH |  | SOLE |  | 0 | 0 | 92425 |
| First Tr Large Cap Core AlphaDex Fd ETF | COM | 33734k109 |  | 898233 | 7573 | SH |  | SOLE |  | 0 | 0 | 7573 |
| Franklin Responsibly Sourced Gold ETF | COM | 35473m105 |  | 506880 | 8800 | SH |  | SOLE |  | 0 | 0 | 8800 |
| Fiserv Inc. | COM | 337738108 |  | 457965 | 6818 | SH |  | SOLE |  | 0 | 0 | 6818 |
| Fifth Third Bancorp | COM | 316773100 |  | 673736 | 14393 | SH |  | SOLE |  | 0 | 0 | 14393 |
| First Trust Water ETF | COM | 33733b100 |  | 1888757 | 17385 | SH |  | SOLE |  | 0 | 0 | 17385 |
| Flextronics Internat'l. Ltd. | COM | Y2573F102 |  | 22020069 | 364450 | SH |  | SOLE |  | 0 | 0 | 364450 |
| Franklin Templeton Mid Cap MultiFact Index | COM | 35473p884 |  | 428767 | 7621 | SH |  | SOLE |  | 0 | 0 | 7621 |
| First Trust Managed Municipal ETF | COM | 33739n108 |  | 310096 | 6064 | SH |  | SOLE |  | 0 | 0 | 6064 |
| First Mid Ill Bankshares Inc. | COM | 320866106 |  | 4128930 | 105870 | SH |  | SOLE |  | 0 | 0 | 105870 |
| Schwab Fundamental US Small Company ETF | COM | 808524763 |  | 391383 | 12421 | SH |  | SOLE |  | 0 | 0 | 12421 |
| Schwab Fundamental US Broad Market ETF | COM | 808524789 |  | 684895 | 25777 | SH |  | SOLE |  | 0 | 0 | 25777 |
| First Trust Mid Cap Core AlphaDEX ETF | COM | 33735b108 |  | 1567333 | 12442 | SH |  | SOLE |  | 0 | 0 | 12442 |
| First Trust Preferred Secs  Inc ETF | COM | 33739e108 |  | 226708 | 12443 | SH |  | SOLE |  | 0 | 0 | 12443 |
| Frontline LTD. | COM | M46528101 |  | 277267 | 12707 | SH |  | SOLE |  | 0 | 0 | 12707 |
| FT Vest U.S. Equity Buffer ETF September | COM | 33740u307 |  | 934949 | 18133 | SH |  | SOLE |  | 0 | 0 | 18133 |
| First Solar Inc. | COM | 336433107 |  | 1520881 | 5822 | SH |  | SOLE |  | 0 | 0 | 5822 |
| Fidelity Small-Mid Multifactor - ETF | COM | 316092527 |  | 218356 | 4948 | SH |  | SOLE |  | 0 | 0 | 4948 |
| First Trust Capital Strength ETF | COM | 33733E104 |  | 2166676 | 23421 | SH |  | SOLE |  | 0 | 0 | 23421 |
| Franklin Municipal High Yield - ETF | COM | 746729789 |  | 157560 | 13618 | SH |  | SOLE |  | 0 | 0 | 13618 |
| First Trust Senior Loan Fund ETF | COM | 33738d309 |  | 549460 | 11976 | SH |  | SOLE |  | 0 | 0 | 11976 |
| First Trust Value Line Dividend ETF | COM | 33734h106 |  | 3104728 | 67377 | SH |  | SOLE |  | 0 | 0 | 67377 |
| Gainbridge - SteadyPace 10yr MYGA | COM | 36269G112 |  | 141480 | 141480 | SH |  | SOLE |  | 0 | 0 | 141480 |
| Kitwave Group PLC | COM | g5282g105 |  | 24815 | 11029 | SH |  | SOLE |  | 0 | 0 | 11029 |
| Pacer Global Cash Cows Dividend ETF | COM | 69374h709 |  | 1084424 | 26308 | SH |  | SOLE |  | 0 | 0 | 26308 |
| General Dynamics | COM | 369550108 |  | 307707 | 914 | SH |  | SOLE |  | 0 | 0 | 914 |
| General Electric | COM | 369604301 |  | 480527 | 1560 | SH |  | SOLE |  | 0 | 0 | 1560 |
| Gen Digital Inc. | COM | 668771108 |  | 9583387 | 352460 | SH |  | SOLE |  | 0 | 0 | 352460 |
| GE Vernova Inc. | COM | 36828a101 |  | 415671 | 636 | SH |  | SOLE |  | 0 | 0 | 636 |
| Gilead Sciences Inc. | COM | 375558103 |  | 492372 | 4012 | SH |  | SOLE |  | 0 | 0 | 4012 |
| SPDR Gold Shares ETF | COM | 78463v107 |  | 1891655 | 4773 | SH |  | SOLE |  | 0 | 0 | 4773 |
| Corning Inc. | COM | 219350105 |  | 4763089 | 54398 | SH |  | SOLE |  | 0 | 0 | 54398 |
| Alphabet Inc. Cl. C | COM | 02079k107 |  | 5403069 | 17218 | SH |  | SOLE |  | 0 | 0 | 17218 |
| Alphabet Inc. Cl. A | COM | 02079k305 |  | 30689024 | 98048 | SH |  | SOLE |  | 0 | 0 | 98048 |
| Genuine Parts Co. | COM | 372460105 |  | 1404572 | 11423 | SH |  | SOLE |  | 0 | 0 | 11423 |
| Garmin Ltd. | COM | h2906t109 |  | 3714792 | 18313 | SH |  | SOLE |  | 0 | 0 | 18313 |
| Tidal TR Fundstrat Granny Shots US LC ETF | COM | 886364231 |  | 911100 | 36797 | SH |  | SOLE |  | 0 | 0 | 36797 |
| Goldman Sachs Group | COM | 38141G104 |  | 20422021 | 23233 | SH |  | SOLE |  | 0 | 0 | 23233 |
| Goldman Sachs - Exchange Place All Cap 11 | COM | gsexchang |  | 1217585 | 10089 | SH |  | SOLE |  | 0 | 0 | 10089 |
| Goldman Sachs ActiveBeta Int'l Eq ETF | COM | 381430107 |  | 4019688 | 93612 | SH |  | SOLE |  | 0 | 0 | 93612 |
| Goldman Sachs ActiveBeta US LargeCp Eq ETF | COM | 381430503 |  | 12174073 | 91970 | SH |  | SOLE |  | 0 | 0 | 91970 |
| Great American Bancorp Inc. | COM | 38982K107 |  | 348400 | 5200 | SH |  | SOLE |  | 0 | 0 | 5200 |
| HCA Healthcare Inc. | COM | 40412c101 |  | 15165983 | 32485 | SH |  | SOLE |  | 0 | 0 | 32485 |
| Home Depot Inc. | COM | 437076102 |  | 6623906 | 19250 | SH |  | SOLE |  | 0 | 0 | 19250 |
| JPMorgan Hedged Equity Laddered Overly ETF | COM | 46654q724 |  | 1005949 | 15143 | SH |  | SOLE |  | 0 | 0 | 15143 |
| Pacer FDS TR Cash Cows - ETF | COM | 69374h659 |  | 351244 | 8082 | SH |  | SOLE |  | 0 | 0 | 8082 |
| Hilton Worldwide Holdings Inc. | COM | 43300a203 |  | 2962409 | 10313 | SH |  | SOLE |  | 0 | 0 | 10313 |
| Honeywell Internat'l. | COM | 438516106 |  | 553470 | 2837 | SH |  | SOLE |  | 0 | 0 | 2837 |
| Robinhood Markets Inc. | COM | 770700102 |  | 1390791 | 12297 | SH |  | SOLE |  | 0 | 0 | 12297 |
| Helmerich  Payne Inc. | COM | 423452101 |  | 1422413 | 49596 | SH |  | SOLE |  | 0 | 0 | 49596 |
| Hewlett Packard Enterprise Co. | COM | 42824c109 |  | 4070309 | 169455 | SH |  | SOLE |  | 0 | 0 | 169455 |
| Howmet Aerospace Inc. | COM | 443201108 |  | 291940 | 1424 | SH |  | SOLE |  | 0 | 0 | 1424 |
| IShares Gold Trust | COM | 464285204 |  | 770220 | 9489 | SH |  | SOLE |  | 0 | 0 | 9489 |
| Ishares Bitcoin Trust | COM | 46438f101 |  | 289016 | 5821 | SH |  | SOLE |  | 0 | 0 | 5821 |
| Interactive Brokers Group Inc. | COM | 45841n107 |  | 13122763 | 204055 | SH |  | SOLE |  | 0 | 0 | 204055 |
| I.B.M. | COM | 459200101 |  | 3129162 | 10564 | SH |  | SOLE |  | 0 | 0 | 10564 |
| Intercontinental Exchange Group | COM | 45866f104 |  | 4795474 | 29609 | SH |  | SOLE |  | 0 | 0 | 29609 |
| IShares Cohen  Steers REIT ETF | COM | 464287564 |  | 273945 | 4591 | SH |  | SOLE |  | 0 | 0 | 4591 |
| Pacer FDS TR Developed Mrkts Int'l CC ETF | COM | 69374h873 |  | 2497726 | 64574 | SH |  | SOLE |  | 0 | 0 | 64574 |
| IDEXX Laboratories Inc. | COM | 45168d104 |  | 200929 | 297 | SH |  | SOLE |  | 0 | 0 | 297 |
| iShares Int'l Dividend Growth ETF | COM | 46435g524 |  | 317423 | 3835 | SH |  | SOLE |  | 0 | 0 | 3835 |
| WisdomTree International Hdgd Div Gr ETF | COM | 97717x594 |  | 1162933 | 23899 | SH |  | SOLE |  | 0 | 0 | 23899 |
| iShares S Midcap 400 Index ETF | COM | 464287507 |  | 4409503 | 66811 | SH |  | SOLE |  | 0 | 0 | 66811 |
| iShares S MidCap 400/Barra Value ETF | COM | 464287705 |  | 2628642 | 19976 | SH |  | SOLE |  | 0 | 0 | 19976 |
| iShares S SmallCap 600 Index ETF | COM | 464287804 |  | 5130108 | 42687 | SH |  | SOLE |  | 0 | 0 | 42687 |
| iShares S SmallCap 600 Barra Value ETF | COM | 464287879 |  | 636685 | 5599 | SH |  | SOLE |  | 0 | 0 | 5599 |
| iShares S SmallCap 600 Barra Growth ETF | COM | 464287887 |  | 304200 | 2155 | SH |  | SOLE |  | 0 | 0 | 2155 |
| Infosys Technologies Ltd. | COM | 456788108 |  | 250638 | 14065 | SH |  | SOLE |  | 0 | 0 | 14065 |
| Intel Corp. | COM | 458140100 |  | 272067 | 7373 | SH |  | SOLE |  | 0 | 0 | 7373 |
| IShares S Global 100 Index ETF | COM | 464287572 |  | 433211 | 3420 | SH |  | SOLE |  | 0 | 0 | 3420 |
| International Paper | COM | 460146103 |  | 1295852 | 32898 | SH |  | SOLE |  | 0 | 0 | 32898 |
| Intuitive Surgical Inc. | COM | 46120e602 |  | 878991 | 1552 | SH |  | SOLE |  | 0 | 0 | 1552 |
| IShares U.S. Aerospace  Defense ETF | COM | 464288760 |  | 299228 | 1394 | SH |  | SOLE |  | 0 | 0 | 1394 |
| IShares Tr. S 1500 Index ETF | COM | 464287150 |  | 437712 | 2944 | SH |  | SOLE |  | 0 | 0 | 2944 |
| Illinois Tool Works | COM | 452308109 |  | 989386 | 4017 | SH |  | SOLE |  | 0 | 0 | 4017 |
| IShares Core US Value ETF | COM | 464287663 |  | 364530 | 3555 | SH |  | SOLE |  | 0 | 0 | 3555 |
| Dan IVES Wedbush AI Revolution ETF | COM | 947913109 |  | 947473 | 29974 | SH |  | SOLE |  | 0 | 0 | 29974 |
| Vanguard S Mid-Cap 400 Index Fund - ETF | COM | 921932885 |  | 266755 | 2386 | SH |  | SOLE |  | 0 | 0 | 2386 |
| IShares S 500 Index ETF | COM | 464287200 |  | 1606214 | 2345 | SH |  | SOLE |  | 0 | 0 | 2345 |
| IShares S 500 Barra Growth Index ETF | COM | 464287309 |  | 441887 | 3585 | SH |  | SOLE |  | 0 | 0 | 3585 |
| Invesco PLC | COM | g491bt108 |  | 2155138 | 82038 | SH |  | SOLE |  | 0 | 0 | 82038 |
| IShares Russell 1000 Index Fund ETF | COM | 464287622 |  | 1128766 | 3023 | SH |  | SOLE |  | 0 | 0 | 3023 |
| IShares Russell 1000 Value Index ETF | COM | 464287598 |  | 249741 | 1187 | SH |  | SOLE |  | 0 | 0 | 1187 |
| IShares Russell 1000 Growth Index ETF | COM | 464287614 |  | 1277220 | 2699 | SH |  | SOLE |  | 0 | 0 | 2699 |
| IShares - Russell 200 Index ETF | COM | 464289446 |  | 1309297 | 7673 | SH |  | SOLE |  | 0 | 0 | 7673 |
| IShares Russell 2000 Index ETF | COM | 464287655 |  | 3523809 | 14315 | SH |  | SOLE |  | 0 | 0 | 14315 |
| IShares Russell 2000 Value Index ETF | COM | 464287630 |  | 1536823 | 8481 | SH |  | SOLE |  | 0 | 0 | 8481 |
| IShares Russell Midcap Growth Index ETF | COM | 464287481 |  | 281138 | 2053 | SH |  | SOLE |  | 0 | 0 | 2053 |
| IShares Russell Midcap Index ETF | COM | 464287499 |  | 2767800 | 28750 | SH |  | SOLE |  | 0 | 0 | 28750 |
| IShares Russell Midcap Value Index ETF | COM | 464287473 |  | 1193983 | 8465 | SH |  | SOLE |  | 0 | 0 | 8465 |
| IShares Russell 3000 Index ETF | COM | 464287689 |  | 5650164 | 14606 | SH |  | SOLE |  | 0 | 0 | 14606 |
| iShares Russell Top 200 Growth ETF | COM | 464289438 |  | 8406451 | 30355 | SH |  | SOLE |  | 0 | 0 | 30355 |
| IShares Core MSCI Total Int'l Stk ETF | COM | 46432f834 |  | 2632304 | 31100 | SH |  | SOLE |  | 0 | 0 | 31100 |
| IShares US Healthcare ETF | COM | 464287762 |  | 584663 | 8981 | SH |  | SOLE |  | 0 | 0 | 8981 |
| IShares US Real Estate ETF | COM | 464287739 |  | 255850 | 2725 | SH |  | SOLE |  | 0 | 0 | 2725 |
| IShares US Technology ETF | COM | 464287721 |  | 277555 | 1390 | SH |  | SOLE |  | 0 | 0 | 1390 |
| Janus Henderson AAA CLO - ETF | COM | 47103u845 |  | 1631030 | 32247 | SH |  | SOLE |  | 0 | 0 | 32247 |
| Jabil Circuit Inc. | COM | 466313103 |  | 4569521 | 20040 | SH |  | SOLE |  | 0 | 0 | 20040 |
| JPMorgan Equity Premium Income ETF | COM | 46641q332 |  | 1080294 | 18873 | SH |  | SOLE |  | 0 | 0 | 18873 |
| JPMorgan Nasdaq Equity Premium Inc ETF | COM | 46654q203 |  | 994973 | 17119 | SH |  | SOLE |  | 0 | 0 | 17119 |
| JPMorgan Active Growth ETF | COM | 46654q609 |  | 885847 | 9546 | SH |  | SOLE |  | 0 | 0 | 9546 |
| John Hancock Multifactor Mid Cap ETF | COM | 47804J206 |  | 523761 | 7999 | SH |  | SOLE |  | 0 | 0 | 7999 |
| JPMorgan Market Expansion Enh Eq - ETF | COM | 46641q118 |  | 366523 | 5693 | SH |  | SOLE |  | 0 | 0 | 5693 |
| JPMorgan Ultra-Short Municipal Inc - ETF | COM | 46641q654 |  | 661170 | 12979 | SH |  | SOLE |  | 0 | 0 | 12979 |
| Johnson  Johnson | COM | 478160104 |  | 3686814 | 17815 | SH |  | SOLE |  | 0 | 0 | 17815 |
| JPMorgan Equity Focus - ETF | COM | 46654Q781 |  | 10511445 | 140740 | SH |  | SOLE |  | 0 | 0 | 140740 |
| J.P. Morgan Chase  Co. | COM | 46625H100 |  | 3927032 | 12187 | SH |  | SOLE |  | 0 | 0 | 12187 |
| JPMorgan Ultra-Short Income ETF | COM | 46641q837 |  | 1967370 | 38889 | SH |  | SOLE |  | 0 | 0 | 38889 |
| Kyndryl Holdings Inc. | COM | 50155Q100 |  | 1588899 | 59823 | SH |  | SOLE |  | 0 | 0 | 59823 |
| KeyCorp | COM | 493267108 |  | 2723861 | 131970 | SH |  | SOLE |  | 0 | 0 | 131970 |
| KLA-Tencor Corp. | COM | 482480100 |  | 224790 | 185 | SH |  | SOLE |  | 0 | 0 | 185 |
| Coca Cola | COM | 191216100 |  | 3557231 | 50883 | SH |  | SOLE |  | 0 | 0 | 50883 |
| Leidos Holdings Inc. | COM | 525327102 |  | 968387 | 5368 | SH |  | SOLE |  | 0 | 0 | 5368 |
| Linde PLC | COM | g54950103 |  | 541302 | 1270 | SH |  | SOLE |  | 0 | 0 | 1270 |
| Lilly (Eli) | COM | 532457108 |  | 23190371 | 21579 | SH |  | SOLE |  | 0 | 0 | 21579 |
| Lockheed Martin Corp. | COM | 539830109 |  | 285607 | 591 | SH |  | SOLE |  | 0 | 0 | 591 |
| Cheniere Energy Inc | COM | 16411r208 |  | 6338993 | 32610 | SH |  | SOLE |  | 0 | 0 | 32610 |
| Alliant Energy Corp. | COM | 018802108 |  | 1744283 | 26831 | SH |  | SOLE |  | 0 | 0 | 26831 |
| Logitech Internat'l. SA | COM | H50430232 |  | 391660 | 3908 | SH |  | SOLE |  | 0 | 0 | 3908 |
| Lowe's Cos | COM | 548661107 |  | 634251 | 2630 | SH |  | SOLE |  | 0 | 0 | 2630 |
| LAM Research Corp. | COM | 512807306 |  | 24851399 | 145177 | SH |  | SOLE |  | 0 | 0 | 145177 |
| MasterCard Inc. | COM | 57636q104 |  | 13437659 | 23539 | SH |  | SOLE |  | 0 | 0 | 23539 |
| McDonalds Corp. | COM | 580135101 |  | 2390695 | 7822 | SH |  | SOLE |  | 0 | 0 | 7822 |
| Microchip Technology Inc. | COM | 595017104 |  | 2445350 | 38377 | SH |  | SOLE |  | 0 | 0 | 38377 |
| Moody's Corp. | COM | 615369105 |  | 393355 | 770 | SH |  | SOLE |  | 0 | 0 | 770 |
| Microport Scientific Corp. | COM | g60837104 |  | 701569 | 504670 | SH |  | SOLE |  | 0 | 0 | 504670 |
| Mondelez International Inc. | COM | 609207105 |  | 612209 | 11373 | SH |  | SOLE |  | 0 | 0 | 11373 |
| SPDR S MidCap 400 ETF | COM | 78467y107 |  | 1449682 | 2403 | SH |  | SOLE |  | 0 | 0 | 2403 |
| MercadoLibre Inc. | COM | 58733r102 |  | 459251 | 228 | SH |  | SOLE |  | 0 | 0 | 228 |
| Meta Platforms Inc. | COM | 30303m102 |  | 19209971 | 29102 | SH |  | SOLE |  | 0 | 0 | 29102 |
| Vanguard Mega Cap ETF | COM | 921910873 |  | 17542980 | 69845 | SH |  | SOLE |  | 0 | 0 | 69845 |
| Vanguard Mega Cap Growth ETF | COM | 921910816 |  | 618329 | 1498 | SH |  | SOLE |  | 0 | 0 | 1498 |
| Mowi ASA ADR | COM | 624678108 |  | 229748 | 9545 | SH |  | SOLE |  | 0 | 0 | 9545 |
| 3M Company | COM | 88579y101 |  | 828678 | 5176 | SH |  | SOLE |  | 0 | 0 | 5176 |
| Monster Beverage Corp. | COM | 61174x109 |  | 207009 | 2700 | SH |  | SOLE |  | 0 | 0 | 2700 |
| Altria Group Inc. | COM | 02209S103 |  | 865823 | 15016 | SH |  | SOLE |  | 0 | 0 | 15016 |
| VanEck Morningstar Wide Moat - ETF | COM | 92189f643 |  | 1213561 | 11718 | SH |  | SOLE |  | 0 | 0 | 11718 |
| Marathon Petroleum Corp. | COM | 56585a102 |  | 410315 | 2523 | SH |  | SOLE |  | 0 | 0 | 2523 |
| Merck  Co Inc. | COM | 58933y105 |  | 2236563 | 21248 | SH |  | SOLE |  | 0 | 0 | 21248 |
| Morgan Stanley | COM | 617446448 |  | 267715 | 1508 | SH |  | SOLE |  | 0 | 0 | 1508 |
| Microsoft Corporation | COM | 594918104 |  | 21850828 | 45182 | SH |  | SOLE |  | 0 | 0 | 45182 |
| Motorola Solutions Inc. | COM | 620076307 |  | 355721 | 928 | SH |  | SOLE |  | 0 | 0 | 928 |
| M  T Bank Corp. | COM | 55261f104 |  | 1905799 | 9459 | SH |  | SOLE |  | 0 | 0 | 9459 |
| MGIC Investment Corp. | COM | 552848103 |  | 2413514 | 82598 | SH |  | SOLE |  | 0 | 0 | 82598 |
| IShares MSCI USA Momentum Factor ETF | COM | 46432f396 |  | 5769194 | 23048 | SH |  | SOLE |  | 0 | 0 | 23048 |
| Micron Technology Inc. | COM | 595112103 |  | 856801 | 3002 | SH |  | SOLE |  | 0 | 0 | 3002 |
| Mitsubishi UFJ Fin'l. Grp. ADR | COM | 606822104 |  | 289397 | 18247 | SH |  | SOLE |  | 0 | 0 | 18247 |
| NextEra Energy | COM | 65339F101 |  | 1311199 | 16333 | SH |  | SOLE |  | 0 | 0 | 16333 |
| National Fuel Gas Co. | COM | 636180101 |  | 4093948 | 51136 | SH |  | SOLE |  | 0 | 0 | 51136 |
| Netflix Inc. | COM | 64110L106 |  | 1127089 | 12021 | SH |  | SOLE |  | 0 | 0 | 12021 |
| National Grid PLC ADR | COM | 636274409 |  | 256802 | 3320 | SH |  | SOLE |  | 0 | 0 | 3320 |
| ProShares S 500 Dividend Aristocrats ETF | COM | 74348a467 |  | 4046795 | 38885 | SH |  | SOLE |  | 0 | 0 | 38885 |
| Northrop Grumman | COM | 666807102 |  | 332432 | 583 | SH |  | SOLE |  | 0 | 0 | 583 |
| Norfolk Southern Corp. | COM | 655844108 |  | 336359 | 1165 | SH |  | SOLE |  | 0 | 0 | 1165 |
| NetApp Inc. | COM | 64110d104 |  | 217393 | 2030 | SH |  | SOLE |  | 0 | 0 | 2030 |
| Nucor Corp. | COM | 670346105 |  | 3109366 | 19063 | SH |  | SOLE |  | 0 | 0 | 19063 |
| Nuveen TR ESG Large Cap Growth ETF | COM | 67092p201 |  | 942165 | 9634 | SH |  | SOLE |  | 0 | 0 | 9634 |
| Nvidia Corp. | COM | 67066g104 |  | 31226600 | 167435 | SH |  | SOLE |  | 0 | 0 | 167435 |
| Novo Nordisk A.S. ADR | COM | 670100205 |  | 306247 | 6019 | SH |  | SOLE |  | 0 | 0 | 6019 |
| Novartis AG ADR | COM | 66987v109 |  | 303038 | 2198 | SH |  | SOLE |  | 0 | 0 | 2198 |
| Realty Income Corp. | COM | 756109104 |  | 793626 | 14079 | SH |  | SOLE |  | 0 | 0 | 14079 |
| Owens Corning | COM | 690742101 |  | 322189 | 2879 | SH |  | SOLE |  | 0 | 0 | 2879 |
| Omnicom Group | COM | 681919106 |  | 2277231 | 28201 | SH |  | SOLE |  | 0 | 0 | 28201 |
| Invesco Russell 1000 Dynamic Multi ETF | COM | 46138j619 |  | 2454912 | 40159 | SH |  | SOLE |  | 0 | 0 | 40159 |
| Oracle Corp | COM | 68389X105 |  | 1785668 | 9162 | SH |  | SOLE |  | 0 | 0 | 9162 |
| Old Republic Nat'l. Corp. | COM | 680223104 |  | 2416090 | 52938 | SH |  | SOLE |  | 0 | 0 | 52938 |
| VanEck Merk Gold Trust | COM | 921078101 |  | 501908 | 12100 | SH |  | SOLE |  | 0 | 0 | 12100 |
| Grupo Aeroportuario del Pacifico ADR | COM | 400506101 |  | 323738 | 1228 | SH |  | SOLE |  | 0 | 0 | 1228 |
| Palo Alto Networks Inc. | COM | 697435105 |  | 1749900 | 9500 | SH |  | SOLE |  | 0 | 0 | 9500 |
| PayChex Inc. | COM | 704326107 |  | 2369186 | 21120 | SH |  | SOLE |  | 0 | 0 | 21120 |
| PepsiCo Inc | COM | 713448108 |  | 2281147 | 15894 | SH |  | SOLE |  | 0 | 0 | 15894 |
| Pfizer Inc. | COM | 717081103 |  | 876530 | 35202 | SH |  | SOLE |  | 0 | 0 | 35202 |
| Procter and Gamble | COM | 742718109 |  | 2111998 | 14737 | SH |  | SOLE |  | 0 | 0 | 14737 |
| Sprott Physical Gold Trust | COM | 85207H104 |  | 1311992 | 39733 | SH |  | SOLE |  | 0 | 0 | 39733 |
| Palantir Technologies Inc. | COM | 69608a108 |  | 1987601 | 11182 | SH |  | SOLE |  | 0 | 0 | 11182 |
| Philip Morris Internat'l. | COM | 718172109 |  | 2102684 | 13109 | SH |  | SOLE |  | 0 | 0 | 13109 |
| Principal U.S. Small-Cap ETF | COM | 74255y607 |  | 365395 | 6329 | SH |  | SOLE |  | 0 | 0 | 6329 |
| Phillips 66 | COM | 718546104 |  | 477891 | 3703 | SH |  | SOLE |  | 0 | 0 | 3703 |
| Putnam Focased Large Cap Value ETF | COM | 746729300 |  | 1544987 | 33904 | SH |  | SOLE |  | 0 | 0 | 33904 |
| Quanta Services Inc. | COM | 74762e102 |  | 5769560 | 13670 | SH |  | SOLE |  | 0 | 0 | 13670 |
| PIMCO MultiSector Bond Active - ETF | COM | 72201r585 |  | 1782867 | 66824 | SH |  | SOLE |  | 0 | 0 | 66824 |
| Qualcomm Inc. | COM | 747525103 |  | 253240 | 1481 | SH |  | SOLE |  | 0 | 0 | 1481 |
| American Century U.S. Quality Growth - ETF | COM | 025072307 |  | 1918466 | 16752 | SH |  | SOLE |  | 0 | 0 | 16752 |
| First Trust NASDAQ-100 Equal Wtd ETF | COM | 337344105 |  | 3510876 | 24702 | SH |  | SOLE |  | 0 | 0 | 24702 |
| Invesco QQQ Tr Unit Ser. 1 ETF | COM | 46090e103 |  | 8938110 | 14550 | SH |  | SOLE |  | 0 | 0 | 14550 |
| IShares Edge MSCI USA Quality Factor ETF | COM | 46432f339 |  | 1485255 | 7478 | SH |  | SOLE |  | 0 | 0 | 7478 |
| Ferrari N V New Com. | COM | n3167y103 |  | 232035 | 620 | SH |  | SOLE |  | 0 | 0 | 620 |
| FT Vest. Ris. Div. Ach. Trg. Inc. ETF | COM | 33738d879 |  | 461711 | 17596 | SH |  | SOLE |  | 0 | 0 | 17596 |
| First Trust Rising Dividend Achievers ETF | COM | 33738r506 |  | 7898628 | 113698 | SH |  | SOLE |  | 0 | 0 | 113698 |
| ProShares S MidCap 400 Dividend Aristo. | COM | 74347b680 |  | 990555 | 11762 | SH |  | SOLE |  | 0 | 0 | 11762 |
| IShares Residential Real Estate Capped ETF | COM | 464288562 |  | 356840 | 4318 | SH |  | SOLE |  | 0 | 0 | 4318 |
| Rio Tinto PLC ADR F | COM | 767204100 |  | 852880 | 10657 | SH |  | SOLE |  | 0 | 0 | 10657 |
| RPM Inc. Ohio | COM | 749685103 |  | 2692157 | 25886 | SH |  | SOLE |  | 0 | 0 | 25886 |
| Range Resources Corporation | COM | 75281a109 |  | 304294 | 8630 | SH |  | SOLE |  | 0 | 0 | 8630 |
| RTX Corp. | COM | 75513e101 |  | 775048 | 4226 | SH |  | SOLE |  | 0 | 0 | 4226 |
| Invesco S 500 Revenue ETF | COM | 46138g698 |  | 718648 | 6276 | SH |  | SOLE |  | 0 | 0 | 6276 |
| Schwab Strategic US Small-Cap ETF | COM | 808524607 |  | 1082427 | 38007 | SH |  | SOLE |  | 0 | 0 | 38007 |
| Schwab US Broad Market ETF | COM | 808524102 |  | 4701173 | 179229 | SH |  | SOLE |  | 0 | 0 | 179229 |
| Schwab US Div Equity ETF | COM | 808524797 |  | 10078876 | 367440 | SH |  | SOLE |  | 0 | 0 | 367440 |
| Schwab US Large-Cap Growth ETF | COM | 808524300 |  | 1167992 | 35806 | SH |  | SOLE |  | 0 | 0 | 35806 |
| Schwab US Mid-Cap ETF | COM | 808524508 |  | 601520 | 20004 | SH |  | SOLE |  | 0 | 0 | 20004 |
| Charles Schwab Corp. | COM | 808513105 |  | 692025 | 6926 | SH |  | SOLE |  | 0 | 0 | 6926 |
| Schwab US Large-Cap ETF | COM | 808524201 |  | 1228160 | 45640 | SH |  | SOLE |  | 0 | 0 | 45640 |
| First Trust SMID Cap Rising Div Achv ETF | COM | 33741x102 |  | 3828212 | 99901 | SH |  | SOLE |  | 0 | 0 | 99901 |
| SPDR S Dividend ETF | COM | 78464a763 |  | 2181763 | 15678 | SH |  | SOLE |  | 0 | 0 | 15678 |
| Sprouts Farmers Market Inc. | COM | 85208m102 |  | 316688 | 3975 | SH |  | SOLE |  | 0 | 0 | 3975 |
| Aberdeen Physical Gold Shares ETF | COM | 00326a104 |  | 501176 | 12200 | SH |  | SOLE |  | 0 | 0 | 12200 |
| Shell PLC ADR | COM | 780259305 |  | 630018 | 8574 | SH |  | SOLE |  | 0 | 0 | 8574 |
| Sherwin Williams Company | COM | 824348106 |  | 2497623 | 7708 | SH |  | SOLE |  | 0 | 0 | 7708 |
| Siemens AG ADR | COM | 826197501 |  | 333781 | 2385 | SH |  | SOLE |  | 0 | 0 | 2385 |
| Sun Life Financial Inc. | COM | 866796105 |  | 278803 | 4468 | SH |  | SOLE |  | 0 | 0 | 4468 |
| iShares MSCI Multifactor USA Small-Cap ETF | COM | 46434v290 |  | 7618952 | 101749 | SH |  | SOLE |  | 0 | 0 | 101749 |
| Snap-on Incorporated | COM | 833034101 |  | 2553831 | 7411 | SH |  | SOLE |  | 0 | 0 | 7411 |
| Southern Company | COM | 842587107 |  | 440360 | 5050 | SH |  | SOLE |  | 0 | 0 | 5050 |
| SPDR S Emerging Markets ETF | COM | 78463x509 |  | 812622 | 17360 | SH |  | SOLE |  | 0 | 0 | 17360 |
| S Global Inc. | COM | 78409v104 |  | 1478407 | 2829 | SH |  | SOLE |  | 0 | 0 | 2829 |
| Invesco S 500 GARP - ETF | COM | 46137V431 |  | 4079810 | 35832 | SH |  | SOLE |  | 0 | 0 | 35832 |
| Invesco S 500 Quality ETF A | COM | 46137v241 |  | 18878957 | 251552 | SH |  | SOLE |  | 0 | 0 | 251552 |
| Invesco S 500 Low Volatility ETF | COM | 46138e354 |  | 4705298 | 65882 | SH |  | SOLE |  | 0 | 0 | 65882 |
| Invesco ETF Trust II - S Momentum ETF | COM | 46138e339 |  | 1299996 | 10895 | SH |  | SOLE |  | 0 | 0 | 10895 |
| ProShares S 500 ex-Health Care ETF | COM | 74347b565 |  | 206587 | 2770 | SH |  | SOLE |  | 0 | 0 | 2770 |
| SPDR S 500 ETF | COM | 78462F103 |  | 9109383 | 13358 | SH |  | SOLE |  | 0 | 0 | 13358 |
| SPDR Portfolio S 500 Growth ETF | COM | 78464a409 |  | 1384564 | 12976 | SH |  | SOLE |  | 0 | 0 | 12976 |
| SPDR S Value ETF | COM | 78464a508 |  | 6223168 | 109544 | SH |  | SOLE |  | 0 | 0 | 109544 |
| Swiss Re Ltd. | COM | 870886108 |  | 240120 | 5739 | SH |  | SOLE |  | 0 | 0 | 5739 |
| Seagate Technology Holdings PLC | COM | g7997r103 |  | 687098 | 2495 | SH |  | SOLE |  | 0 | 0 | 2495 |
| Synchrony Financial | COM | 87165b103 |  | 1872288 | 22441 | SH |  | SOLE |  | 0 | 0 | 22441 |
| Stryker Corporation | COM | 863667101 |  | 312105 | 888 | SH |  | SOLE |  | 0 | 0 | 888 |
| AT Inc. | COM | 00206R102 |  | 591668 | 23819 | SH |  | SOLE |  | 0 | 0 | 23819 |
| T. Rowe Price Capital Apprec Equity ETF | COM | 87283q867 |  | 1763790 | 46148 | SH |  | SOLE |  | 0 | 0 | 46148 |
| T. Rowe Price Dividend Growth ETF | COM | 87283q404 |  | 885132 | 19683 | SH |  | SOLE |  | 0 | 0 | 19683 |
| Telefonica S A ADR | COM | 879382208 |  | 133464 | 32954 | SH |  | SOLE |  | 0 | 0 | 32954 |
| Terex Corp. | COM | 880779103 |  | 1362898 | 25532 | SH |  | SOLE |  | 0 | 0 | 25532 |
| Target Corp. | COM | 87612E106 |  | 294130 | 3009 | SH |  | SOLE |  | 0 | 0 | 3009 |
| Tenet Healthcare Corp. | COM | 88033g407 |  | 1216763 | 6123 | SH |  | SOLE |  | 0 | 0 | 6123 |
| Timken Co. | COM | 887389104 |  | 2436405 | 28960 | SH |  | SOLE |  | 0 | 0 | 28960 |
| Thermo Fisher Scientific Inc. | COM | 883556102 |  | 4651825 | 8028 | SH |  | SOLE |  | 0 | 0 | 8028 |
| T-Mobile US Inc. | COM | 872590104 |  | 7680699 | 37829 | SH |  | SOLE |  | 0 | 0 | 37829 |
| Targa Resources Corp. | COM | 87612g101 |  | 4899398 | 26555 | SH |  | SOLE |  | 0 | 0 | 26555 |
| Travelers Companies Inc. | COM | 89417E109 |  | 465836 | 1606 | SH |  | SOLE |  | 0 | 0 | 1606 |
| Tesla Motors Inc. | COM | 88160r101 |  | 2341692 | 5207 | SH |  | SOLE |  | 0 | 0 | 5207 |
| Taiwan Semiconductor Mfg. Co. Ltd. | COM | 874039100 |  | 22480509 | 73976 | SH |  | SOLE |  | 0 | 0 | 73976 |
| T. Rowe Price US Equity Research ETF | COM | 87283q503 |  | 727080 | 16996 | SH |  | SOLE |  | 0 | 0 | 16996 |
| Uber Technologies Inc. | COM | 90353t100 |  | 245130 | 3000 | SH |  | SOLE |  | 0 | 0 | 3000 |
| UBS Group AG | COM | h42097107 |  | 283880 | 6130 | SH |  | SOLE |  | 0 | 0 | 6130 |
| UGI Corp. | COM | 902681105 |  | 2365950 | 63210 | SH |  | SOLE |  | 0 | 0 | 63210 |
| Universal Health Svcs. Cl. B | COM | 913903100 |  | 3264195 | 14972 | SH |  | SOLE |  | 0 | 0 | 14972 |
| Unilever PLC ADR | COM | 904767803 |  | 623327 | 9531 | SH |  | SOLE |  | 0 | 0 | 9531 |
| United Microelectronics ADR | COM | 910873405 |  | 111054 | 14129 | SH |  | SOLE |  | 0 | 0 | 14129 |
| UnitedHealth Group | COM | 91324p102 |  | 204338 | 619 | SH |  | SOLE |  | 0 | 0 | 619 |
| Union Pacific Corp. | COM | 907818108 |  | 589635 | 2549 | SH |  | SOLE |  | 0 | 0 | 2549 |
| United Rentals Inc. | COM | 911363109 |  | 17925700 | 22149 | SH |  | SOLE |  | 0 | 0 | 22149 |
| US Foods Hldg Corp. | COM | 912008109 |  | 8121153 | 107822 | SH |  | SOLE |  | 0 | 0 | 107822 |
| IShares MSCI USA Minimum Volatility ETF | COM | 46429b697 |  | 4137667 | 43943 | SH |  | SOLE |  | 0 | 0 | 43943 |
| United Therapeutics Corp. | COM | 91307c102 |  | 1447133 | 2970 | SH |  | SOLE |  | 0 | 0 | 2970 |
| Visa Inc. | COM | 92826c839 |  | 3071869 | 8759 | SH |  | SOLE |  | 0 | 0 | 8759 |
| Vanguard Index Small Cap ETF | COM | 922908751 |  | 8071247 | 31290 | SH |  | SOLE |  | 0 | 0 | 31290 |
| Vanguard Small Cap Growth ETF | COM | 922908595 |  | 759054 | 2513 | SH |  | SOLE |  | 0 | 0 | 2513 |
| Vanguard Small Cap Value ETF | COM | 922908611 |  | 517569 | 2444 | SH |  | SOLE |  | 0 | 0 | 2444 |
| Vanguard Tax-Mgd Int'l Dev. Markets ETF | COM | 921943858 |  | 508495 | 8140 | SH |  | SOLE |  | 0 | 0 | 8140 |
| Veolia Environment ADR | COM | 92334n103 |  | 290693 | 16745 | SH |  | SOLE |  | 0 | 0 | 16745 |
| Vanguard FTSE All-World (ex. US) ETF | COM | 922042775 |  | 1832747 | 24915 | SH |  | SOLE |  | 0 | 0 | 24915 |
| Vanguard Information Technology ETF | COM | 92204a702 |  | 3799478 | 5041 | SH |  | SOLE |  | 0 | 0 | 5041 |
| Vanguard World Health Care ETF | COM | 92204a504 |  | 2370173 | 8234 | SH |  | SOLE |  | 0 | 0 | 8234 |
| Vanguard Dividend Appreciation ETF | COM | 921908844 |  | 15783074 | 71813 | SH |  | SOLE |  | 0 | 0 | 71813 |
| Vanguard Whitehall Int'l Div. Apprec. ETF | COM | 921946810 |  | 605217 | 6618 | SH |  | SOLE |  | 0 | 0 | 6618 |
| Vanguard S Small-Cap 600 Value ETF | COM | 921932778 |  | 242934 | 2485 | SH |  | SOLE |  | 0 | 0 | 2485 |
| Vanguard REIT ETF | COM | 922908553 |  | 498646 | 5635 | SH |  | SOLE |  | 0 | 0 | 5635 |
| Vanguard Mid Cap ETF | COM | 922908629 |  | 11915040 | 41055 | SH |  | SOLE |  | 0 | 0 | 41055 |
| Vanguard Mid-Cap Value ETF | COM | 922908512 |  | 1164169 | 6564 | SH |  | SOLE |  | 0 | 0 | 6564 |
| Vanguard Russell 1000 ETF | COM | 92206c730 |  | 10582747 | 34244 | SH |  | SOLE |  | 0 | 0 | 34244 |
| Vanguard Russell 1000 Growth ETF | COM | 92206c680 |  | 5988341 | 49186 | SH |  | SOLE |  | 0 | 0 | 49186 |
| Vanguard Russell 1000 Value ETF | COM | 92206c714 |  | 1633961 | 17703 | SH |  | SOLE |  | 0 | 0 | 17703 |
| Vanguard S 500 ETF | COM | 922908363 |  | 17319814 | 27618 | SH |  | SOLE |  | 0 | 0 | 27618 |
| Vanguard S 500 Growth ETF | COM | 921932505 |  | 9040632 | 20335 | SH |  | SOLE |  | 0 | 0 | 20335 |
| Vanguard S 500 Value ETF | COM | 921932703 |  | 727258 | 3550 | SH |  | SOLE |  | 0 | 0 | 3550 |
| Vanguard Mid-Cap Growth ETF | COM | 922908538 |  | 1690507 | 6056 | SH |  | SOLE |  | 0 | 0 | 6056 |
| Vanguard Russell 3000 ETF | COM | 92206c599 |  | 707457 | 2356 | SH |  | SOLE |  | 0 | 0 | 2356 |
| Vanguard Total Stock Market ETF | COM | 922908769 |  | 40922650 | 122059 | SH |  | SOLE |  | 0 | 0 | 122059 |
| Vanguard Value ETF | COM | 922908744 |  | 1488256 | 7792 | SH |  | SOLE |  | 0 | 0 | 7792 |
| Vanguard Growth ETF | COM | 922908736 |  | 4782180 | 9802 | SH |  | SOLE |  | 0 | 0 | 9802 |
| Vanguard Large Cap ETF | COM | 922908637 |  | 781609 | 2483 | SH |  | SOLE |  | 0 | 0 | 2483 |
| Vanguard Emerging Mkts. ETF | COM | 922042858 |  | 619760 | 11528 | SH |  | SOLE |  | 0 | 0 | 11528 |
| Vanguard Extended Market ETF | COM | 922908652 |  | 397328 | 1900 | SH |  | SOLE |  | 0 | 0 | 1900 |
| Vanguard High Dividend Yield ETF | COM | 921946406 |  | 2893440 | 20161 | SH |  | SOLE |  | 0 | 0 | 20161 |
| Vanguard Whitehall Intl Hi Div Yld Idx ETF | COM | 921946794 |  | 1174673 | 13052 | SH |  | SOLE |  | 0 | 0 | 13052 |
| Verizon Communications | COM | 92343V104 |  | 281002 | 6899 | SH |  | SOLE |  | 0 | 0 | 6899 |
| W D 40 Co. | COM | 929236107 |  | 239234 | 1215 | SH |  | SOLE |  | 0 | 0 | 1215 |
| Wisconsin Energy | COM | 92939u106 |  | 231379 | 2194 | SH |  | SOLE |  | 0 | 0 | 2194 |
| Wells Fargo  Co. | COM | 949746101 |  | 279320 | 2997 | SH |  | SOLE |  | 0 | 0 | 2997 |
| Waste Management Inc. | COM | 94106L109 |  | 714717 | 3253 | SH |  | SOLE |  | 0 | 0 | 3253 |
| Williams Companies | COM | 969457100 |  | 2671228 | 44439 | SH |  | SOLE |  | 0 | 0 | 44439 |
| Wal-Mart Stores | COM | 931142103 |  | 4497821 | 40372 | SH |  | SOLE |  | 0 | 0 | 40372 |
| W. P. Carey Inc. | COM | 92936u109 |  | 1642790 | 25525 | SH |  | SOLE |  | 0 | 0 | 25525 |
| Essentials Utilities Inc. | COM | 29670g102 |  | 268520 | 7000 | SH |  | SOLE |  | 0 | 0 | 7000 |
| Materials Select Sector SPDR ETF | COM | 81369y100 |  | 285815 | 6302 | SH |  | SOLE |  | 0 | 0 | 6302 |
| Energy Select Sector SPDR ETF | COM | 81369y506 |  | 572020 | 12794 | SH |  | SOLE |  | 0 | 0 | 12794 |
| Industrial Select Sector SPDR ETF | COM | 81369y704 |  | 546643 | 3524 | SH |  | SOLE |  | 0 | 0 | 3524 |
| Technology Select Sector SPDR ETF | COM | 81369y803 |  | 727336 | 5052 | SH |  | SOLE |  | 0 | 0 | 5052 |
| Utilities Select Sector SPDR ETF | COM | 81369y886 |  | 263397 | 6170 | SH |  | SOLE |  | 0 | 0 | 6170 |
| Health Care Select Sector SPDR ETF | COM | 81369y209 |  | 303922 | 1963 | SH |  | SOLE |  | 0 | 0 | 1963 |
| Exxon Mobil Corp. | COM | 30231G102 |  | 1702244 | 14145 | SH |  | SOLE |  | 0 | 0 | 14145 |
| AB Ultra Short Income ETF | COM | 00039j103 |  | 846142 | 16762 | SH |  | SOLE |  | 0 | 0 | 16762 |
| Yum Brands Inc. | COM | 988498101 |  | 488304 | 3228 | SH |  | SOLE |  | 0 | 0 | 3228 |

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