# EDGAR Filing Document

**Accession Number:** 0001278678
**File Stem:** 0001278678-23-000002
**Filing Date:** 2023-1
**Character Count:** 17654
**Document Hash:** 666ac09db8dd3bb123405b863c379919
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001278678-23-000002.hdr.sgml**: 20230125

**ACCESSION NUMBER**: 0001278678-23-000002

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230125

**DATE AS OF CHANGE**: 20230125

**EFFECTIVENESS DATE**: 20230125

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DEROY & DEVEREAUX PRIVATE INVESTMENT COUNSEL INC
- **CENTRAL INDEX KEY:** 0001278678
- **IRS NUMBER:** 382251232
- **STATE OF INCORPORATION:** MI
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-10694
- **FILM NUMBER:** 23552099

**BUSINESS ADDRESS:**
- **STREET 1:** 2000 TOWN CENTER
- **STREET 2:** STE 2850
- **CITY:** SOUTHFIELD
- **STATE:** MI
- **ZIP:** 48075
- **BUSINESS PHONE:** 2483582282

**MAIL ADDRESS:**
- **STREET 1:** 2000 TOWN CENTER
- **STREET 2:** STE 2850
- **CITY:** SOUTHFIELD
- **STATE:** MI
- **ZIP:** 48075

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** DEROY  DEVEREAUX PRIVATE INVESTMENT COUNSEL INC<br>**Address:** 2000 TOWN CENTER<br>STE 2850<br>SOUTHFIELD, MI 48075

**Form 13F File Number:** 028-10694

**CRD Number (if applicable):** 000121560

**SEC File Number (if applicable):** 801-61316

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:** Mary E Grabel<br>**Title:** CCO<br>**Phone:** 248-358-3320

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

Mary E Grabel  Southfield, MI  01-25-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 141

**Form 13F Information Table Value Total:** $1301015

      (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 |
| Novartis AG | SPONSORED ADR | 66987v109 |  | 206 | 2275 | SH |  | SOLE |  | 0 | 0 | 2275 |
| ALLETE Inc | COM NEW | 018522300 |  | 21143 | 327752 | SH |  | SOLE |  | 132300 | 0 | 195452 |
| Abbott Laboratories | COM | 002824100 |  | 300 | 2732 | SH |  | SOLE |  | 0 | 0 | 2732 |
| Advance Auto Parts Inc | COM | 00751y106 |  | 2644 | 17985 | SH |  | SOLE |  | 16590 | 0 | 1395 |
| Aerojet Rocketdyne Hldgs Inc | COM | 007800105 |  | 24093 | 430773 | SH |  | SOLE |  | 146505 | 0 | 284268 |
| Air Transport Services Grp I | COM | 00922R105 |  | 12382 | 476588 | SH |  | SOLE |  | 212390 | 0 | 264198 |
| Alaska Air Group Inc | COM | 011659109 |  | 20463 | 476551 | SH |  | SOLE |  | 183410 | 0 | 293141 |
| Allstate Corp | COM | 020002101 |  | 25865 | 190744 | SH |  | SOLE |  | 53865 | 0 | 136879 |
| Alphabet Inc | CAP STK CL A | 02079K305 |  | 1292 | 14649 | SH |  | SOLE |  | 0 | 0 | 14649 |
| Alphabet Inc | CAP STK CL B | 02079K107 |  | 17782 | 200410 | SH |  | SOLE |  | 54565 | 0 | 145845 |
| Alpine Income Ppty Tr Inc | COM | 02083X103 |  | 3657 | 191650 | SH |  | SOLE |  | 137515 | 0 | 54135 |
| Amazon.com Inc | COM | 023135106 |  | 982 | 11690 | SH |  | SOLE |  | 0 | 0 | 11690 |
| American Eagle Outfitters Inc | COM | 02553e106 |  | 12290 | 880370 | SH |  | SOLE |  | 360430 | 0 | 519940 |
| American Express Co | COM | 025816109 |  | 325 | 2200 | SH |  | SOLE |  | 0 | 0 | 2200 |
| Analog Devices Inc | COM | 032654105 |  | 346 | 2108 | SH |  | SOLE |  | 0 | 0 | 2108 |
| Apple Inc | COM | 037833100 |  | 14466 | 111336 | SH |  | SOLE |  | 0 | 0 | 111336 |
| Arconic Corp | COM | 03966V107 |  | 15307 | 723370 | SH |  | SOLE |  | 292768 | 0 | 430602 |
| Atlantic Union Bankshares Corp | COM | 04911A107 |  | 3975 | 113115 | SH |  | SOLE |  | 100350 | 0 | 12765 |
| AutoZone Inc | COM | 053332102 |  | 33567 | 13611 | SH |  | SOLE |  | 3843 | 0 | 9768 |
| Bally's Corporation | COM | 05875B106 |  | 8384 | 432601 | SH |  | SOLE |  | 182925 | 0 | 249676 |
| Bank of America Corp | COM | 060505104 |  | 623 | 18805 | SH |  | SOLE |  | 0 | 0 | 18805 |
| Becton Dickinson  Co | COM | 075887109 |  | 20447 | 80405 | SH |  | SOLE |  | 22515 | 0 | 57890 |
| Berkshire Hathaway Inc Del | CL B NEW | 084670702 |  | 506 | 1639 | SH |  | SOLE |  | 0 | 0 | 1639 |
| Blackstone Inc | COM | 09260D107 |  | 504 | 6790 | SH |  | SOLE |  | 0 | 0 | 6790 |
| Blue Bird Corporation | COM | 095306106 |  | 2093 | 195445 | SH |  | SOLE |  | 181000 | 0 | 14445 |
| Boeing Co | COM | 097023105 |  | 248 | 1300 | SH |  | SOLE |  | 0 | 0 | 1300 |
| Bristol-Myers Squibb | COM | 110122108 |  | 17269 | 240020 | SH |  | SOLE |  | 65230 | 0 | 174790 |
| CNA Financial Corp | COM | 126117100 |  | 14466 | 342148 | SH |  | SOLE |  | 141480 | 0 | 200668 |
| CVS Health Corp | COM | 126650100 |  | 16115 | 172931 | SH |  | SOLE |  | 47645 | 0 | 125286 |
| Carlisle Cos Inc | COM | 142339100 |  | 18407 | 78110 | SH |  | SOLE |  | 33450 | 0 | 44660 |
| Chevron Corp New | COM | 166764100 |  | 36182 | 201580 | SH |  | SOLE |  | 56484 | 0 | 145096 |
| Chubb Ltd | COM | H1467J104 |  | 27997 | 126912 | SH |  | SOLE |  | 35395 | 0 | 91517 |
| Cisco Sys Inc | COM | 17275r102 |  | 324 | 6807 | SH |  | SOLE |  | 300 | 0 | 6507 |
| Coca-Cola Co | COM | 191216100 |  | 370 | 5814 | SH |  | SOLE |  | 175 | 0 | 5639 |
| Comerica Inc | COM | 200340107 |  | 15350 | 229615 | SH |  | SOLE |  | 99400 | 0 | 130215 |
| ConocoPhillips | COM | 20825c104 |  | 30241 | 256277 | SH |  | SOLE |  | 69685 | 0 | 186592 |
| Constellation Brands | CL A | 21036p108 |  | 232 | 1000 | SH |  | SOLE |  | 0 | 0 | 1000 |
| Corporate Office Pptys Tr | SH BEN INT | 22002T108 |  | 24012 | 925661 | SH |  | SOLE |  | 319070 | 0 | 606591 |
| Costco Wholesale Corp New | COM | 22160k105 |  | 458 | 1003 | SH |  | SOLE |  | 0 | 0 | 1003 |
| DT Midstream Inc | COMMON STOCK | 23345M107 |  | 24299 | 439724 | SH |  | SOLE |  | 161479 | 0 | 278245 |
| Delta Air Lines Inc Del | COM NEW | 247361702 |  | 675 | 20540 | SH |  | SOLE |  | 0 | 0 | 20540 |
| Diamondback Energy Inc | COM | 25278X109 |  | 3795 | 27745 | SH |  | SOLE |  | 24750 | 0 | 2995 |
| Discover Financial Services | COM | 254709108 |  | 24323 | 248628 | SH |  | SOLE |  | 70840 | 0 | 177788 |
| Dow Inc | COM | 260557103 |  | 13432 | 266563 | SH |  | SOLE |  | 77420 | 0 | 189143 |
| Electronic Arts Inc | COM | 285512109 |  | 22086 | 180766 | SH |  | SOLE |  | 49750 | 0 | 131016 |
| Lilly Eli  Co | COM | 532457108 |  | 806 | 2203 | SH |  | SOLE |  | 0 | 0 | 2203 |
| Equifax Inc | COM | 294429105 |  | 265 | 1365 | SH |  | SOLE |  | 0 | 0 | 1365 |
| Evercore Inc | CLASS A | 29977A105 |  | 2853 | 26155 | SH |  | SOLE |  | 24200 | 0 | 1955 |
| Exxon Mobil Corp | COM | 30231g102 |  | 31344 | 284169 | SH |  | SOLE |  | 81450 | 0 | 202719 |
| Fiserv Inc | COM | 337738108 |  | 24096 | 238413 | SH |  | SOLE |  | 66125 | 0 | 172288 |
| Ford Mtr Co Del | COM | 345370860 |  | 128 | 10999 | SH |  | SOLE |  | 0 | 0 | 10999 |
| Gaming  Leisure Pptys Inc | COM | 36467J108 |  | 2852 | 54750 | SH |  | SOLE |  | 50950 | 0 | 3800 |
| General Dynamics Corp | COM | 369550108 |  | 641 | 2584 | SH |  | SOLE |  | 60 | 0 | 2524 |
| Goldman Sachs Group Inc | COM | 38141G104 |  | 16791 | 48899 | SH |  | SOLE |  | 13370 | 0 | 35529 |
| HCA Healthcare Inc | COM | 40412C101 |  | 30362 | 126531 | SH |  | SOLE |  | 35760 | 0 | 90771 |
| HF Sinclair Corporation | COM | 403949100 |  | 2850 | 54930 | SH |  | SOLE |  | 49000 | 0 | 5930 |
| Hartford Financial Services Gr | COM | 416515104 |  | 227 | 3000 | SH |  | SOLE |  | 0 | 0 | 3000 |
| Hasbro Inc | COM | 418056107 |  | 22775 | 373294 | SH |  | SOLE |  | 136455 | 0 | 236839 |
| Heartland Financial USA Inc | COM | 42234Q102 |  | 3080 | 66075 | SH |  | SOLE |  | 59320 | 0 | 6755 |
| Henry Schein Inc | COM | 806407102 |  | 3208 | 40165 | SH |  | SOLE |  | 37100 | 0 | 3065 |
| Howmet Aerospace Inc | COM | 443201108 |  | 28431 | 721406 | SH |  | SOLE |  | 271695 | 0 | 449711 |
| Huntington Bancshares Inc | COM | 446150104 |  | 250 | 17764 | SH |  | SOLE |  | 0 | 0 | 17764 |
| Illinois Tool Works Inc | COM | 452308109 |  | 371 | 1685 | SH |  | SOLE |  | 0 | 0 | 1685 |
| JPMorgan Chase  Co | COM | 46625H100 |  | 23894 | 178177 | SH |  | SOLE |  | 51290 | 0 | 126887 |
| Johnson  Johnson | COM | 478160104 |  | 1585 | 8975 | SH |  | SOLE |  | 0 | 0 | 8975 |
| L3 Harris Technologies | COM | 502431109 |  | 17017 | 81729 | SH |  | SOLE |  | 22915 | 0 | 58814 |
| Lam Research Corp | COM | 512807108 |  | 15514 | 36913 | SH |  | SOLE |  | 10320 | 0 | 26593 |
| Marathon Oil Corp | COM | 565849106 |  | 4025 | 148705 | SH |  | SOLE |  | 136650 | 0 | 12055 |
| Masco Corp | COM | 574599106 |  | 19599 | 419943 | SH |  | SOLE |  | 151125 | 0 | 268818 |
| McDonalds Corp | COM | 580135101 |  | 264 | 1000 | SH |  | SOLE |  | 0 | 0 | 1000 |
| Medtronic PLC | SHS | G5960L103 |  | 14921 | 191978 | SH |  | SOLE |  | 54498 | 0 | 137480 |
| Merck  Co Inc | COM | 58933y105 |  | 339 | 3052 | SH |  | SOLE |  | 75 | 0 | 2977 |
| Micron Technology Inc | COM | 595112103 |  | 12730 | 254695 | SH |  | SOLE |  | 70190 | 0 | 184505 |
| Microsoft Corp | COM | 594918104 |  | 9219 | 38440 | SH |  | SOLE |  | 11890 | 0 | 26550 |
| Mondelez International Inc | CL A | 609207105 |  | 24366 | 365587 | SH |  | SOLE |  | 101180 | 0 | 264407 |
| Morgan Stanley | COM NEW | 617446448 |  | 28589 | 336258 | SH |  | SOLE |  | 92870 | 0 | 243388 |
| Newell Brands Inc | COM | 651229106 |  | 169 | 12925 | SH |  | SOLE |  | 525 | 0 | 12400 |
| Nomad Foods Ltd | USD ORD SHS | G6564A105 |  | 2333 | 135325 | SH |  | SOLE |  | 126000 | 0 | 9325 |
| NorthWestern Corp | COM NEW | 668074305 |  | 3343 | 56337 | SH |  | SOLE |  | 43800 | 0 | 12537 |
| Northrop Grumman Corp | COM | 666807102 |  | 224 | 410 | SH |  | SOLE |  | 0 | 0 | 410 |
| OUTFRONT Media Inc | COM | 69007j106 |  | 3110 | 187600 | SH |  | SOLE |  | 157925 | 0 | 29675 |
| Olin Corp | COM PAR $1 | 680665205 |  | 2977 | 56235 | SH |  | SOLE |  | 52440 | 0 | 3795 |
| Oracle Corp | COM | 68389x105 |  | 21637 | 264710 | SH |  | SOLE |  | 72465 | 0 | 192245 |
| Oshkosh Corp | COM | 688239201 |  | 2427 | 27525 | SH |  | SOLE |  | 25500 | 0 | 2025 |
| PNC Financial Services | COM | 693475105 |  | 13872 | 87834 | SH |  | SOLE |  | 23930 | 0 | 63904 |
| Palo Alto Networks Inc | COM | 697435105 |  | 333 | 2385 | SH |  | SOLE |  | 0 | 0 | 2385 |
| PepsiCo Inc | COM | 713448108 |  | 15016 | 83118 | SH |  | SOLE |  | 22700 | 0 | 60418 |
| Pfizer Inc | COM | 717081103 |  | 1193 | 23276 | SH |  | SOLE |  | 300 | 0 | 22976 |
| Pioneer Natural Resources Co | COM | 723787107 |  | 263 | 1150 | SH |  | SOLE |  | 0 | 0 | 1150 |
| Procter  Gamble Co | COM | 742718109 |  | 316 | 2085 | SH |  | SOLE |  | 0 | 0 | 2085 |
| Raymond James Financial Inc | COM | 754730109 |  | 30186 | 282510 | SH |  | SOLE |  | 114677 | 0 | 167833 |
| Raytheon Technologies Corp | COM | 75513E101 |  | 18811 | 186400 | SH |  | SOLE |  | 52395 | 0 | 134005 |
| Regeneron Pharmaceuticals | COM | 75886F107 |  | 296 | 410 | SH |  | SOLE |  | 0 | 0 | 410 |
| Reliance Steel  Aluminum Co | COM | 759509102 |  | 31673 | 156454 | SH |  | SOLE |  | 60340 | 0 | 96114 |
| Reynolds Consumer Products Inc | COM | 76171L106 |  | 4373 | 145872 | SH |  | SOLE |  | 128540 | 0 | 17332 |
| SeaWorld Entertainment Inc | COM | 81282V100 |  | 26325 | 491957 | SH |  | SOLE |  | 187220 | 0 | 304737 |
| Sonos Inc | COM | 83570H108 |  | 16656 | 985586 | SH |  | SOLE |  | 365824 | 0 | 619762 |
| Steris PLC | SHS USD | G8473T100 |  | 2723 | 14745 | SH |  | SOLE |  | 13600 | 0 | 1145 |
| Stryker Corp | COM | 863667101 |  | 606 | 2480 | SH |  | SOLE |  | 0 | 0 | 2480 |
| Synaptics Inc | COM | 87157D109 |  | 3144 | 33035 | SH |  | SOLE |  | 22300 | 0 | 10735 |
| Synovus Financial Corp | COM NEW | 87161C501 |  | 3638 | 96890 | SH |  | SOLE |  | 80750 | 0 | 16140 |
| Take-Two Interactive Software | COM | 874054109 |  | 2800 | 26894 | SH |  | SOLE |  | 24850 | 0 | 2044 |
| Teradyne Inc | COM | 880770102 |  | 11465 | 131248 | SH |  | SOLE |  | 61315 | 0 | 69933 |
| AZEK Co Inc | CL A | 05478C105 |  | 13708 | 674589 | SH |  | SOLE |  | 265085 | 0 | 409504 |
| Truist Financial Corp | COM | 89832Q109 |  | 14265 | 331516 | SH |  | SOLE |  | 90615 | 0 | 240901 |
| United Parcel Service Inc | CL B | 911312106 |  | 15975 | 91894 | SH |  | SOLE |  | 25050 | 0 | 66844 |
| UnitedHealth Group Inc | COM | 91324p102 |  | 595 | 1122 | SH |  | SOLE |  | 0 | 0 | 1122 |
| Universal Hlth Svcs Inc | CL B | 913903100 |  | 4213 | 29905 | SH |  | SOLE |  | 26400 | 0 | 3505 |
| VICI Properties Inc | COM | 925652109 |  | 19670 | 607100 | SH |  | SOLE |  | 156061 | 0 | 451039 |
| Vishay Intertechnology Inc | COM | 928298108 |  | 19629 | 910029 | SH |  | SOLE |  | 346675 | 0 | 563354 |
| Grainger W W Inc | COM | 384802104 |  | 368 | 662 | SH |  | SOLE |  | 0 | 0 | 662 |
| Waste Mgmt Inc Del | COM | 94106l109 |  | 15457 | 98530 | SH |  | SOLE |  | 27555 | 0 | 70975 |
| Willis Towers Watson PLC LTD | SHS | G96629103 |  | 21513 | 87959 | SH |  | SOLE |  | 23905 | 0 | 64054 |
| Zimmer Biomet Holdings Inc | COM | 98956P102 |  | 22612 | 177351 | SH |  | SOLE |  | 53450 | 0 | 123901 |
| INVESCO QQQ Tr | UNIT SER 1 | 46090E103 |  | 201 | 755 | SH |  | SOLE |  | 0 | 0 | 755 |
| INVESCO EXCH TRADED FD TR II | SR LN ETF | 46138G508 |  | 1562 | 76075 | SH |  | SOLE |  | 3200 | 0 | 72875 |
| INVESCO ACTIVELY MANAGED ETF | ULTRA SHRT DUR | 46090A887 |  | 297 | 6000 | SH |  | SOLE |  | 0 | 0 | 6000 |
| NUVEEN SELECT MAT MUN FD | SH BEN INT | 67061T101 |  | 104 | 11500 | SH |  | SOLE |  | 0 | 0 | 11500 |
| NUVEEN SELECT TAX-FREE INCOM | SH BEN INT | 67062F100 |  | 168 | 12066 | SH |  | SOLE |  | 0 | 0 | 12066 |
| SPDR SER TR | S BK ETF | 78464a797 |  | 280 | 6200 | SH |  | SOLE |  | 0 | 0 | 6200 |
| SPDR S 500 ETF TR | TR UNIT | 78462f103 |  | 3330 | 8707 | SH |  | SOLE |  | 145 | 0 | 8562 |
| VANGUARD SCOTTSDALE FDS | INT-TERM CORP | 92206C870 |  | 388 | 5000 | SH |  | SOLE |  | 155 | 0 | 4845 |
| VANGUARD WORLD FDS | CONSUM DIS ETF | 92204A108 |  | 508 | 2321 | SH |  | SOLE |  | 0 | 0 | 2321 |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 |  | 1127 | 22473 | SH |  | SOLE |  | 22473 | 0 | 0 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 365 | 4428 | SH |  | SOLE |  | 3448 | 0 | 980 |
| VANGUARD SCOTTSDALE FDS | VNG RUS1000GRW | 92206c680 |  | 13421 | 243490 | SH |  | SOLE |  | 243490 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | VNG RUS2000IDX | 92206C664 |  | 280 | 3979 | SH |  | SOLE |  | 3979 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | VNG RUS2000GRW | 92206c623 |  | 2226 | 14295 | SH |  | SOLE |  | 14295 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 92206C409 |  | 3313 | 44060 | SH |  | SOLE |  | 0 | 0 | 44060 |
| VANGUARD STAR FDS | VG TL INTL STK F | 921909768 |  | 626 | 12100 | SH |  | SOLE |  | 9100 | 0 | 3000 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 4666 | 24406 | SH |  | SOLE |  | 24106 | 0 | 300 |
| ISHARES TR | CORE S US VLU | 464287663 |  | 2368 | 33530 | SH |  | SOLE |  | 0 | 0 | 33530 |
| ISHARES TR | FLTG RATE NT ETF | 46429B655 |  | 327 | 6500 | SH |  | SOLE |  | 0 | 0 | 6500 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 519 | 7900 | SH |  | SOLE |  | 3800 | 0 | 4100 |
| ISHARES TR | RUS 1000 ETF | 464287622 |  | 600 | 2848 | SH |  | SOLE |  | 0 | 0 | 2848 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 |  | 458 | 3019 | SH |  | SOLE |  | 0 | 0 | 3019 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 836 | 4797 | SH |  | SOLE |  | 0 | 0 | 4797 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 |  | 599 | 8130 | SH |  | SOLE |  | 2550 | 0 | 5580 |
| WELLS FARGO CO NEW | PERP PFD CNV A | 949746804 |  | 3575 | 3017 | SH |  | SOLE |  | 165 | 0 | 2852 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 6533 | 270860 | SH |  | SOLE |  | 0 | 0 | 270860 |
| MPLX LP | COM UNIT REP LTD | 55336V100 |  | 7108 | 216439 | SH |  | SOLE |  | 0 | 0 | 216439 |

---