# EDGAR Filing Document

**Accession Number:** 0001791002
**File Stem:** 0001705819-25-000071
**Filing Date:** 2025-10
**Character Count:** 16920
**Document Hash:** 8bb41181489ec9cbec5324d69c17de43
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001705819-25-000071.hdr.sgml**: 20251029

**ACCESSION NUMBER**: 0001705819-25-000071

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251029

**DATE AS OF CHANGE**: 20251029

**EFFECTIVENESS DATE**: 20251029

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Xcel Wealth Management, LLC
- **CENTRAL INDEX KEY:** 0001791002

**ORGANIZATION NAME:**
- **EIN:** 453081901
- **STATE OF INCORPORATION:** FL
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-19613
- **FILM NUMBER:** 251428720

**BUSINESS ADDRESS:**
- **STREET 1:** 101 2ND STREET
- **STREET 2:** STE 402
- **CITY:** HOLLY HILL
- **STATE:** FL
- **ZIP:** 32117
- **BUSINESS PHONE:** 3868723440

**MAIL ADDRESS:**
- **STREET 1:** 101 2ND STREET
- **STREET 2:** STE 402
- **CITY:** HOLLY HILL
- **STATE:** FL
- **ZIP:** 32117

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 09-30-2025

**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:** Xcel Wealth Management LLC<br>**Address:** 101 2nd Street<br>Ste 402<br>Holly Hill, FL 32117

**Form 13F File Number:** 028-19613

**CRD Number (if applicable):** 000158863

**SEC File Number (if applicable):** 801-113826

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:** Jonathan Xynidis<br>**Title:** Founder  CEO<br>**Phone:** 386-872-3440

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

Jonathan Xynidis  Holly Hill, FL  10-29-2025<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:** 138

**Form 13F Information Table Value Total:** $384716798

      (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 |  | 1735461 | 12957 | SH |  | SOLE |  | 0 | 0 | 12957 |
| ABBVIE INC | COM | 00287Y109 |  | 649470 | 2805 | SH |  | SOLE |  | 0 | 0 | 2805 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 2016389 | 12463 | SH |  | SOLE |  | 0 | 0 | 12463 |
| AEROVIRONMENT INC | COM | 008073108 |  | 1176429 | 3736 | SH |  | SOLE |  | 0 | 0 | 3736 |
| AIRBNB INC | COM CL A | 009066101 |  | 506321 | 4170 | SH |  | SOLE |  | 0 | 0 | 4170 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 10884687 | 44775 | SH |  | SOLE |  | 0 | 0 | 44775 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 1611083 | 6615 | SH |  | SOLE |  | 0 | 0 | 6615 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 595961 | 9022 | SH |  | SOLE |  | 0 | 0 | 9022 |
| AMAZON COM INC | COM | 023135106 |  | 30034102 | 136786 | SH |  | SOLE |  | 0 | 0 | 136786 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 3302667 | 9943 | SH |  | SOLE |  | 0 | 0 | 9943 |
| AMGEN INC | COM | 031162100 |  | 412012 | 1460 | SH |  | SOLE |  | 0 | 0 | 1460 |
| APPLE INC | COM | 037833100 |  | 12919705 | 50739 | SH |  | SOLE |  | 0 | 0 | 50739 |
| ARES CAPITAL CORP | COM | 04010L103 |  | 390300 | 19123 | SH |  | SOLE |  | 0 | 0 | 19123 |
| AT INC | COM | 00206R102 |  | 1455304 | 51533 | SH |  | SOLE |  | 0 | 0 | 51533 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 237442 | 809 | SH |  | SOLE |  | 0 | 0 | 809 |
| BANK AMERICA CORP | 7.25%CNV PFD L | 060505682 |  | 7225122 | 5645 | SH |  | SOLE |  | 0 | 0 | 5645 |
| BANK AMERICA CORP | COM | 060505104 |  | 17598639 | 341125 | SH |  | SOLE |  | 0 | 0 | 341125 |
| BARRICK MNG CORP | COM SHS | 06849F108 |  | 810238 | 24725 | SH |  | SOLE |  | 0 | 0 | 24725 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 5996180 | 11927 | SH |  | SOLE |  | 0 | 0 | 11927 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 |  | 754200 | 1 | SH |  | SOLE |  | 0 | 0 | 1 |
| BLACKROCK INC | COM | 09290D101 |  | 1580920 | 1356 | SH |  | SOLE |  | 0 | 0 | 1356 |
| BLACKSTONE INC | COM | 09260D107 |  | 2069335 | 12112 | SH |  | SOLE |  | 0 | 0 | 12112 |
| BLOOMIN BRANDS INC | COM | 094235108 |  | 271241 | 37830 | SH |  | SOLE |  | 0 | 0 | 37830 |
| BOEING CO | COM | 097023105 |  | 10625311 | 49230 | SH |  | SOLE |  | 0 | 0 | 49230 |
| BP PLC | SPONSORED ADR | 055622104 |  | 330271 | 9584 | SH |  | SOLE |  | 0 | 0 | 9584 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 837732 | 18575 | SH |  | SOLE |  | 0 | 0 | 18575 |
| BROADCOM INC | COM | 11135F101 |  | 8475058 | 25689 | SH |  | SOLE |  | 0 | 0 | 25689 |
| BROWN  BROWN INC | COM | 115236101 |  | 640961 | 6834 | SH |  | SOLE |  | 0 | 0 | 6834 |
| BXP INC | COM | 101121101 |  | 1055628 | 14200 | SH |  | SOLE |  | 0 | 0 | 14200 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 9350800 | 43987 | SH |  | SOLE |  | 0 | 0 | 43987 |
| CATERPILLAR INC | COM | 149123101 |  | 3123124 | 6545 | SH |  | SOLE |  | 0 | 0 | 6545 |
| CAVA GROUP INC | COM | 148929102 |  | 3297963 | 54593 | SH |  | SOLE |  | 0 | 0 | 54593 |
| CELSIUS HLDGS INC | COM NEW | 15118V207 |  | 702988 | 12228 | SH |  | SOLE |  | 0 | 0 | 12228 |
| CHENIERE ENERGY INC | COM NEW | 16411R208 |  | 422964 | 1800 | SH |  | SOLE |  | 0 | 0 | 1800 |
| CHEVRON CORP NEW | COM | 166764100 |  | 443198 | 2854 | SH |  | SOLE |  | 0 | 0 | 2854 |
| CIRCLE INTERNET GROUP INC | COM CL A | 172573107 |  | 637710 | 4810 | SH |  | SOLE |  | 0 | 0 | 4810 |
| CISCO SYS INC | COM | 17275R102 |  | 708010 | 10348 | SH |  | SOLE |  | 0 | 0 | 10348 |
| COCA COLA CO | COM | 191216100 |  | 371453 | 5601 | SH |  | SOLE |  | 0 | 0 | 5601 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 2432556 | 2628 | SH |  | SOLE |  | 0 | 0 | 2628 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 2862348 | 5837 | SH |  | SOLE |  | 0 | 0 | 5837 |
| DEERE  CO | COM | 244199105 |  | 709210 | 1551 | SH |  | SOLE |  | 0 | 0 | 1551 |
| DISNEY WALT CO | COM | 254687106 |  | 4659578 | 40695 | SH |  | SOLE |  | 0 | 0 | 40695 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 451355 | 3647 | SH |  | SOLE |  | 0 | 0 | 3647 |
| DUPONT DE NEMOURS INC | COM | 26614N102 |  | 1151128 | 14777 | SH |  | SOLE |  | 0 | 0 | 14777 |
| EASTERLY GOVT PPTYS INC | COM SHS | 27616P301 |  | 2970426 | 129543 | SH |  | SOLE |  | 0 | 0 | 129543 |
| EATON CORP PLC | SHS | G29183103 |  | 299774 | 801 | SH |  | SOLE |  | 0 | 0 | 801 |
| EATON VANCE TAX ADVT DIV INC | COM | 27828G107 |  | 205869 | 8420 | SH |  | SOLE |  | 0 | 0 | 8420 |
| ELI LILLY  CO | COM | 532457108 |  | 288414 | 378 | SH |  | SOLE |  | 0 | 0 | 378 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 328614 | 19150 | SH |  | SOLE |  | 0 | 0 | 19150 |
| ETFS GOLD TR | PHYSCL GOLD SHS | 00326A104 |  | 2044022 | 55529 | SH |  | SOLE |  | 0 | 0 | 55529 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 542553 | 4812 | SH |  | SOLE |  | 0 | 0 | 4812 |
| FEDERAL RLTY INVT TR NEW | SH BEN INT NEW | 313745101 |  | 3655569 | 36083 | SH |  | SOLE |  | 0 | 0 | 36083 |
| FEDEX CORP | COM | 31428X106 |  | 2616608 | 11096 | SH |  | SOLE |  | 0 | 0 | 11096 |
| FERGUSON ENTERPRISES INC | COMMON STOCK NEW | 31488V107 |  | 332378 | 1480 | SH |  | SOLE |  | 0 | 0 | 1480 |
| FIDELITY COVINGTON TRUST | MSCI HLTH CARE I | 316092600 |  | 334350 | 5000 | SH |  | SOLE |  | 0 | 0 | 5000 |
| FIRST TR EXCH TRADED FD III | MUNI HI INCM ETF | 33739P301 |  | 285060 | 6000 | SH |  | SOLE |  | 0 | 0 | 6000 |
| FIRST TR EXCHANGE TRADED FD | RISNG DIVD ACHIV | 33738R506 |  | 325875 | 4845 | SH |  | SOLE |  | 0 | 0 | 4845 |
| FIRST TR EXCHANGE-TRADED ALP | COM SHS | 33735K108 |  | 374499 | 2331 | SH |  | SOLE |  | 0 | 0 | 2331 |
| FORD MTR CO | COM | 345370860 |  | 12676763 | 1059930 | SH |  | SOLE |  | 0 | 0 | 1059930 |
| GARMIN LTD | SHS | H2906T109 |  | 1976159 | 8026 | SH |  | SOLE |  | 0 | 0 | 8026 |
| GE AEROSPACE | COM NEW | 369604301 |  | 5458421 | 18145 | SH |  | SOLE |  | 0 | 0 | 18145 |
| GE VERNOVA INC | COM | 36828A101 |  | 1036721 | 1686 | SH |  | SOLE |  | 0 | 0 | 1686 |
| GLOBUS MED INC | CL A | 379577208 |  | 781335 | 13643 | SH |  | SOLE |  | 0 | 0 | 13643 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 2015562 | 2531 | SH |  | SOLE |  | 0 | 0 | 2531 |
| GUGGENHEIM TAXABLE MUNICP BO | COM | 401664107 |  | 1015364 | 65171 | SH |  | SOLE |  | 0 | 0 | 65171 |
| HOME DEPOT INC | COM | 437076102 |  | 13443497 | 33178 | SH |  | SOLE |  | 0 | 0 | 33178 |
| INTERNATIONAL PAPER CO | COM | 460146103 |  | 269166 | 5801 | SH |  | SOLE |  | 0 | 0 | 5801 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 1745276 | 2907 | SH |  | SOLE |  | 0 | 0 | 2907 |
| ISHARES TR | CORE S ETF | 464287200 |  | 321532 | 480 | SH |  | SOLE |  | 0 | 0 | 480 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 404315 | 1671 | SH |  | SOLE |  | 0 | 0 | 1671 |
| J P MORGAN EXCHANGE TRADED F | NASDAQ EQT PREM | 46654Q203 |  | 908614 | 15796 | SH |  | SOLE |  | 0 | 0 | 15796 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 13489679 | 42766 | SH |  | SOLE |  | 0 | 0 | 42766 |
| KURA ONCOLOGY INC | COM | 50127T109 |  | 905541 | 102321 | SH |  | SOLE |  | 0 | 0 | 102321 |
| LEIDOS HOLDINGS INC | COM | 525327102 |  | 474101 | 2509 | SH |  | SOLE |  | 0 | 0 | 2509 |
| LEVI STRAUSS  CO NEW | CL A COM STK | 52736R102 |  | 3117657 | 133805 | SH |  | SOLE |  | 0 | 0 | 133805 |
| LINDE PLC | SHS | G54950103 |  | 228475 | 481 | SH |  | SOLE |  | 0 | 0 | 481 |
| LISTED FDS TR | ROUNDHILL MAGNIF | 53656G498 |  | 462128 | 7125 | SH |  | SOLE |  | 0 | 0 | 7125 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 209923 | 2497 | SH |  | SOLE |  | 0 | 0 | 2497 |
| MASCO CORP | COM | 574599106 |  | 705449 | 10022 | SH |  | SOLE |  | 0 | 0 | 10022 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 408974 | 719 | SH |  | SOLE |  | 0 | 0 | 719 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 894780 | 9395 | SH |  | SOLE |  | 0 | 0 | 9395 |
| META PLATFORMS INC | CL A | 30303M102 |  | 3149021 | 4288 | SH |  | SOLE |  | 0 | 0 | 4288 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 384334 | 2297 | SH |  | SOLE |  | 0 | 0 | 2297 |
| MICROSOFT CORP | COM | 594918104 |  | 2470488 | 4770 | SH |  | SOLE |  | 0 | 0 | 4770 |
| MONGODB INC | CL A | 60937P106 |  | 1441715 | 4645 | SH |  | SOLE |  | 0 | 0 | 4645 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 7800167 | 49070 | SH |  | SOLE |  | 0 | 0 | 49070 |
| NETFLIX INC | COM | 64110L106 |  | 969926 | 809 | SH |  | SOLE |  | 0 | 0 | 809 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 5553044 | 73560 | SH |  | SOLE |  | 0 | 0 | 73560 |
| NIKE INC | CL B | 654106103 |  | 282755 | 4055 | SH |  | SOLE |  | 0 | 0 | 4055 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 16462992 | 88236 | SH |  | SOLE |  | 0 | 0 | 88236 |
| OKLO INC | COM CL A | 02156V109 |  | 958678 | 8588 | SH |  | SOLE |  | 0 | 0 | 8588 |
| ORACLE CORP | COM | 68389X105 |  | 408923 | 1454 | SH |  | SOLE |  | 0 | 0 | 1454 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 4563054 | 25014 | SH |  | SOLE |  | 0 | 0 | 25014 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 5336880 | 26210 | SH |  | SOLE |  | 0 | 0 | 26210 |
| PEPSICO INC | COM | 713448108 |  | 407276 | 2900 | SH |  | SOLE |  | 0 | 0 | 2900 |
| PFIZER INC | COM | 717081103 |  | 4708238 | 184782 | SH |  | SOLE |  | 0 | 0 | 184782 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 558161 | 3441 | SH |  | SOLE |  | 0 | 0 | 3441 |
| PPL CORP | COM | 69351T106 |  | 1343111 | 36144 | SH |  | SOLE |  | 0 | 0 | 36144 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 549433 | 3576 | SH |  | SOLE |  | 0 | 0 | 3576 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 1678617 | 16181 | SH |  | SOLE |  | 0 | 0 | 16181 |
| RAYONIER INC | COM | 754907103 |  | 231641 | 8728 | SH |  | SOLE |  | 0 | 0 | 8728 |
| RH | COM | 74967X103 |  | 25532539 | 125677 | SH |  | SOLE |  | 0 | 0 | 125677 |
| RH | CALL | 74967X903 |  | 392788 | 139 | SH |  | SOLE |  | 0 | 0 | 139 |
| RTX CORPORATION | COM | 75513E101 |  | 1637285 | 9785 | SH |  | SOLE |  | 0 | 0 | 9785 |
| SALESFORCE INC | COM | 79466L302 |  | 371853 | 1569 | SH |  | SOLE |  | 0 | 0 | 1569 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 2689485 | 28171 | SH |  | SOLE |  | 0 | 0 | 28171 |
| SEACOAST BKG CORP FLA | COM NEW | 811707801 |  | 213010 | 7000 | SH |  | SOLE |  | 0 | 0 | 7000 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 |  | 1389032 | 4928 | SH |  | SOLE |  | 0 | 0 | 4928 |
| SELECT SECTOR SPDR TR | FINANCIAL | 81369Y605 |  | 1424215 | 26438 | SH |  | SOLE |  | 0 | 0 | 26438 |
| SELECT SECTOR SPDR TR | COMMUNICATION | 81369Y852 |  | 492301 | 4159 | SH |  | SOLE |  | 0 | 0 | 4159 |
| SERVICENOW INC | COM | 81762P102 |  | 4168868 | 4530 | SH |  | SOLE |  | 0 | 0 | 4530 |
| SHOPIFY INC | CL A SUB VTG SHS | 82509L107 |  | 758060 | 5101 | SH |  | SOLE |  | 0 | 0 | 5101 |
| SOFI TECHNOLOGIES INC | COM | 83406F102 |  | 1874023 | 70932 | SH |  | SOLE |  | 0 | 0 | 70932 |
| SOMNIGROUP INTERNATIONAL INC | COM | 88023U101 |  | 202392 | 2400 | SH |  | SOLE |  | 0 | 0 | 2400 |
| SOUTHERN CO | COM | 842587107 |  | 909127 | 9593 | SH |  | SOLE |  | 0 | 0 | 9593 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 995316 | 2800 | SH |  | SOLE |  | 0 | 0 | 2800 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 764108 | 1147 | SH |  | SOLE |  | 0 | 0 | 1147 |
| SPDR SERIES TRUST | PRTFLO S GW | 78464A409 |  | 252523 | 2416 | SH |  | SOLE |  | 0 | 0 | 2416 |
| SPDR SERIES TRUST | NUVEEN ICE HIGH | 78464A284 |  | 448740 | 18000 | SH |  | SOLE |  | 0 | 0 | 18000 |
| STARBUCKS CORP | COM | 855244109 |  | 703055 | 8310 | SH |  | SOLE |  | 0 | 0 | 8310 |
| T-MOBILE US INC | COM | 872590104 |  | 369124 | 1542 | SH |  | SOLE |  | 0 | 0 | 1542 |
| TANGER INC | COM | 875465106 |  | 2720262 | 80386 | SH |  | SOLE |  | 0 | 0 | 80386 |
| TESLA INC | COM | 88160R101 |  | 4933279 | 11093 | SH |  | SOLE |  | 0 | 0 | 11093 |
| TIDAL TRUST I | FUNDSTRAT GRANNY | 886364231 |  | 216638 | 8669 | SH |  | SOLE |  | 0 | 0 | 8669 |
| TJX COS INC NEW | COM | 872540109 |  | 2904720 | 20096 | SH |  | SOLE |  | 0 | 0 | 20096 |
| TOAST INC | CL A | 888787108 |  | 2906050 | 79596 | SH |  | SOLE |  | 0 | 0 | 79596 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 5216511 | 53246 | SH |  | SOLE |  | 0 | 0 | 53246 |
| VANECK ETF TRUST | HIGH YLD MUNIETF | 92189H409 |  | 379205 | 7450 | SH |  | SOLE |  | 0 | 0 | 7450 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 4958441 | 8097 | SH |  | SOLE |  | 0 | 0 | 8097 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 213639 | 651 | SH |  | SOLE |  | 0 | 0 | 651 |
| VANGUARD INTL EQUITY INDEX F | FTSE EUROPE ETF | 922042874 |  | 570981 | 7155 | SH |  | SOLE |  | 0 | 0 | 7155 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 3804962 | 86575 | SH |  | SOLE |  | 0 | 0 | 86575 |
| VISA INC | COM CL A | 92826C839 |  | 1850962 | 5422 | SH |  | SOLE |  | 0 | 0 | 5422 |
| WALMART INC | COM | 931142103 |  | 5166398 | 50130 | SH |  | SOLE |  | 0 | 0 | 50130 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 610374 | 2764 | SH |  | SOLE |  | 0 | 0 | 2764 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 2503284 | 29865 | SH |  | SOLE |  | 0 | 0 | 29865 |
| WHIRLPOOL CORP | COM | 963320106 |  | 4280399 | 54458 | SH |  | SOLE |  | 0 | 0 | 54458 |
| YETI HLDGS INC | COM | 98585X104 |  | 1558398 | 46968 | SH |  | SOLE |  | 0 | 0 | 46968 |

---