# EDGAR Filing Document

**Accession Number:** 0001582151
**File Stem:** 0001582151-23-000001
**Filing Date:** 2023-1
**Character Count:** 41525
**Document Hash:** 7def27a285d53da5cb5a87ca7ea96cdf
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001582151-23-000001.hdr.sgml**: 20230120

**ACCESSION NUMBER**: 0001582151-23-000001

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230120

**DATE AS OF CHANGE**: 20230120

**EFFECTIVENESS DATE**: 20230120

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NAPLES GLOBAL ADVISORS, LLC
- **CENTRAL INDEX KEY:** 0001582151
- **IRS NUMBER:** 452589778
- **STATE OF INCORPORATION:** FL
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-15686
- **FILM NUMBER:** 23539627

**BUSINESS ADDRESS:**
- **STREET 1:** 720 FIFTH AVENUE SOUTH
- **STREET 2:** SUITE 200
- **CITY:** NAPLES
- **STATE:** FL
- **ZIP:** 34102
- **BUSINESS PHONE:** 2397767900

**MAIL ADDRESS:**
- **STREET 1:** 720 FIFTH AVENUE SOUTH
- **STREET 2:** SUITE 200
- **CITY:** NAPLES
- **STATE:** FL
- **ZIP:** 34102

### 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:** NAPLES GLOBAL ADVISORS LLC<br>**Address:** 720 FIFTH AVENUE SOUTH<br>SUITE 200<br>NAPLES, FL 34102

**Form 13F File Number:** 028-15686

**CRD Number (if applicable):** 000158544

**SEC File Number (if applicable):** 801-72600

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:** Alexandra Jones<br>**Title:** Director of Compliance Operations and Security<br>**Phone:** 2397767900

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

Alexandra Jones  Naples, FL  01-20-2023<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:** 386

**Form 13F Information Table Value Total:** $786897559

      (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 |  | 1794711 | 14966 | SH |  | SOLE |  | 14844 | 0 | 0 |
| ABB LTD | SPONSORED ADR | 000375204 |  | 2110878 | 69300 | SH |  | SOLE |  | 69300 | 0 | 0 |
| ABBOTT LABS | COM | 002824100 |  | 2390579 | 21774 | SH |  | SOLE |  | 20794 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 8559655 | 52965 | SH |  | SOLE |  | 51754 | 0 | 0 |
| ABM INDS INC | COM | 000957100 |  | 224543 | 5055 | SH |  | SOLE |  | 5055 | 0 | 0 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 6832972 | 25607 | SH |  | SOLE |  | 25412 | 0 | 0 |
| ADOBE SYSTEMS INCORPORATED | COM | 00724F101 |  | 366147 | 1088 | SH |  | SOLE |  | 1062 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 2584453 | 39902 | SH |  | SOLE |  | 39776 | 0 | 0 |
| AFLAC INC | COM | 001055102 |  | 1545631 | 21485 | SH |  | SOLE |  | 21485 | 0 | 0 |
| AGREE RLTY CORP | COM | 008492100 |  | 398908 | 5605 | SH |  | SOLE |  | 5605 | 0 | 0 |
| AIR PRODS  CHEMS INC | COM | 009158106 |  | 2299156 | 7422 | SH |  | SOLE |  | 7407 | 0 | 0 |
| ALBEMARLE CORP | COM | 012653101 |  | 6574489 | 30263 | SH |  | SOLE |  | 30039 | 0 | 0 |
| ALGONQUIN PWR UTILS CORP | COM | 015857105 |  | 2095576 | 312802 | SH |  | SOLE |  | 302002 | 0 | 0 |
| ALICO INC | COM | 016230104 |  | 2058134 | 86175 | SH |  | SOLE |  | 85300 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 1482193 | 16799 | SH |  | SOLE |  | 16230 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 1914730 | 21579 | SH |  | SOLE |  | 21375 | 0 | 0 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 456289 | 9798 | SH |  | SOLE |  | 9798 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 2262405 | 26933 | SH |  | SOLE |  | 26579 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 2915994 | 19736 | SH |  | SOLE |  | 19661 | 0 | 0 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 578836 | 2713 | SH |  | SOLE |  | 2713 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 8454872 | 32192 | SH |  | SOLE |  | 31157 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 |  | 6881741 | 41954 | SH |  | SOLE |  | 41269 | 0 | 0 |
| APOLLO GLOBAL MGMT INC | COM | 03769M106 |  | 446530 | 7000 | SH |  | SOLE |  | 7000 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 23387457 | 180000 | SH |  | SOLE |  | 178551 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 |  | 3753937 | 38549 | SH |  | SOLE |  | 37084 | 0 | 0 |
| ARCHER DANIELS MIDLAND CO | COM | 039483102 |  | 631473 | 6801 | SH |  | SOLE |  | 6801 | 0 | 0 |
| ARES CAPITAL CORP | COM | 04010L103 |  | 1251250 | 67745 | SH |  | SOLE |  | 67545 | 0 | 0 |
| ARES MANAGEMENT CORPORATION | CL A COM STK | 03990B101 |  | 292581 | 4275 | SH |  | SOLE |  | 4275 | 0 | 0 |
| ASTRAZENECA PLC | SPONSORED ADR | 046353108 |  | 2846639 | 41986 | SH |  | SOLE |  | 41486 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 546381 | 29678 | SH |  | SOLE |  | 29678 | 0 | 0 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 1059163 | 4413 | SH |  | SOLE |  | 3579 | 0 | 0 |
| AVISTA CORP | COM | 05379B107 |  | 1292866 | 29158 | SH |  | SOLE |  | 28458 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 771729 | 23301 | SH |  | SOLE |  | 23301 | 0 | 0 |
| BANK MONTREAL QUE | COM | 063671101 |  | 1320187 | 14572 | SH |  | SOLE |  | 14572 | 0 | 0 |
| BANK NOVA SCOTIA HALIFAX | COM | 064149107 |  | 315676 | 6445 | SH |  | SOLE |  | 5935 | 0 | 0 |
| BANK OZK LITTLE ROCK ARK | COM | 06417N103 |  | 244366 | 6100 | SH |  | SOLE |  | 5400 | 0 | 0 |
| BAR HBR BANKSHARES | COM | 066849100 |  | 1283234 | 40051 | SH |  | SOLE |  | 40051 | 0 | 0 |
| BCE INC | COM NEW | 05534B760 |  | 2326839 | 52130 | SH |  | SOLE |  | 50275 | 0 | 0 |
| BECTON DICKINSON  CO | COM | 075887109 |  | 274644 | 1080 | SH |  | SOLE |  | 1080 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 1627603 | 5269 | SH |  | SOLE |  | 5269 | 0 | 0 |
| BHP GROUP LTD | SPONSORED ADS | 088606108 |  | 278394 | 4487 | SH |  | SOLE |  | 4287 | 0 | 0 |
| BIOGEN INC | COM | 09062X103 |  | 307935 | 1112 | SH |  | SOLE |  | 1112 | 0 | 0 |
| BIO-TECHNE CORP | COM | 09073M104 |  | 1201760 | 14500 | SH |  | SOLE |  | 14500 | 0 | 0 |
| BLACKROCK INC | COM | 09247X101 |  | 5474548 | 7726 | SH |  | SOLE |  | 7598 | 0 | 0 |
| BLACKSTONE INC | COM | 09260D107 |  | 3287737 | 44315 | SH |  | SOLE |  | 42465 | 0 | 0 |
| BLACKSTONE MTG TR INC | COM CL A | 09257W100 |  | 837331 | 38429 | SH |  | SOLE |  | 38429 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 737006 | 3869 | SH |  | SOLE |  | 3869 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 3865991 | 53732 | SH |  | SOLE |  | 52828 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 8648630 | 15468 | SH |  | SOLE |  | 15288 | 0 | 0 |
| BROADRIDGE FINL SOLUTIONS IN | COM | 11133T103 |  | 674188 | 5000 | SH |  | SOLE |  | 5000 | 0 | 0 |
| BWX TECHNOLOGIES INC | COM | 05605H100 |  | 1708365 | 29414 | SH |  | SOLE |  | 27664 | 0 | 0 |
| CAMPING WORLD HLDGS INC | CL A | 13462K109 |  | 381895 | 17110 | SH |  | SOLE |  | 17110 | 0 | 0 |
| CANADIAN IMPERIAL BK COMM TO | COM | 136069101 |  | 3168558 | 77216 | SH |  | SOLE |  | 75931 | 0 | 0 |
| CANADIAN NAT RES LTD | COM | 136385101 |  | 336935 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| CANADIAN PAC RY LTD | COM | 13645T100 |  | 218210 | 2920 | SH |  | SOLE |  | 2920 | 0 | 0 |
| CARDINAL HEALTH INC | COM | 14149Y108 |  | 1250510 | 16170 | SH |  | SOLE |  | 16135 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 2274313 | 9494 | SH |  | SOLE |  | 9444 | 0 | 0 |
| CENTERPOINT ENERGY INC | COM | 15189T107 |  | 1003615 | 33465 | SH |  | SOLE |  | 33465 | 0 | 0 |
| CHENIERE ENERGY PARTNERS LP | COM UNIT | 16411Q101 |  | 897920 | 15789 | SH |  | SOLE |  | 15789 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 4471921 | 24915 | SH |  | SOLE |  | 24571 | 0 | 0 |
| CHUBB LIMITED | COM | H1467J104 |  | 1571710 | 7098 | SH |  | SOLE |  | 7098 | 0 | 0 |
| CHURCH  DWIGHT CO INC | COM | 171340102 |  | 1099762 | 13643 | SH |  | SOLE |  | 13643 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 6106019 | 128170 | SH |  | SOLE |  | 126919 | 0 | 0 |
| CLOROX CO DEL | COM | 189054109 |  | 1843671 | 13138 | SH |  | SOLE |  | 13018 | 0 | 0 |
| CME GROUP INC | COM | 12572Q105 |  | 279482 | 1662 | SH |  | SOLE |  | 1472 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 1464524 | 23023 | SH |  | SOLE |  | 22375 | 0 | 0 |
| COCA-COLA EUROPACIFIC PARTNE | SHS | G25839104 |  | 835332 | 15100 | SH |  | SOLE |  | 14300 | 0 | 0 |
| COGNIZANT TECHNOLOGY SOLUTIO | CL A | 192446102 |  | 652252 | 11405 | SH |  | SOLE |  | 11405 | 0 | 0 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 346124 | 4393 | SH |  | SOLE |  | 4243 | 0 | 0 |
| COLUMBIA BKG SYS INC | COM | 197236102 |  | 263246 | 8737 | SH |  | SOLE |  | 8737 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 1701381 | 48653 | SH |  | SOLE |  | 48538 | 0 | 0 |
| COMMUNITY HEALTHCARE TR INC | COM | 20369C106 |  | 1326390 | 37050 | SH |  | SOLE |  | 34590 | 0 | 0 |
| CONAGRA BRANDS INC | COM | 205887102 |  | 1608411 | 41561 | SH |  | SOLE |  | 40666 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 1574714 | 13272 | SH |  | SOLE |  | 13272 | 0 | 0 |
| CORNING INC | COM | 219350105 |  | 7299494 | 228538 | SH |  | SOLE |  | 225383 | 0 | 0 |
| CORTEVA INC | COM | 22052L104 |  | 3734293 | 63530 | SH |  | SOLE |  | 62225 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 891354 | 1953 | SH |  | SOLE |  | 1953 | 0 | 0 |
| CRACKER BARREL OLD CTRY STOR | COM | 22410J106 |  | 591103 | 6239 | SH |  | SOLE |  | 6239 | 0 | 0 |
| CROWN CASTLE INC | COM | 22822V101 |  | 3546567 | 26147 | SH |  | SOLE |  | 25352 | 0 | 0 |
| CSX CORP | COM | 126408103 |  | 2617469 | 84489 | SH |  | SOLE |  | 84364 | 0 | 0 |
| CTO RLTY GROWTH INC NEW | COM | 22948Q101 |  | 1598878 | 87466 | SH |  | SOLE |  | 86691 | 0 | 0 |
| CUBESMART | COM | 229663109 |  | 430418 | 10565 | SH |  | SOLE |  | 10565 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 2840754 | 30483 | SH |  | SOLE |  | 29444 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 1182390 | 2750 | SH |  | SOLE |  | 1550 | 0 | 0 |
| DIAGEO PLC | SPON ADR NEW | 25243Q205 |  | 2698509 | 15144 | SH |  | SOLE |  | 15029 | 0 | 0 |
| DIGITAL RLTY TR INC | COM | 253868103 |  | 4127355 | 40679 | SH |  | SOLE |  | 39287 | 0 | 0 |
| DIMENSIONAL ETF TRUST | EMERGING MKTS CO | 25434V732 |  | 222354 | 9900 | SH |  | SOLE |  | 9900 | 0 | 0 |
| DIMENSIONAL ETF TRUST | US MKTWIDE VALUE | 25434V724 |  | 369003 | 11022 | SH |  | SOLE |  | 11022 | 0 | 0 |
| DIMENSIONAL ETF TRUST | US EQUITY ETF | 25434V401 |  | 536841 | 12902 | SH |  | SOLE |  | 12902 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 2276980 | 26208 | SH |  | SOLE |  | 24927 | 0 | 0 |
| DOLBY LABORATORIES INC | COM CL A | 25659T107 |  | 2285143 | 32395 | SH |  | SOLE |  | 31680 | 0 | 0 |
| DOLLAR GEN CORP NEW | COM | 256677105 |  | 2114325 | 8567 | SH |  | SOLE |  | 8567 | 0 | 0 |
| DOW INC | COM | 260557103 |  | 1775722 | 35240 | SH |  | SOLE |  | 35170 | 0 | 0 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 2375767 | 23068 | SH |  | SOLE |  | 22348 | 0 | 0 |
| EAGLE BANCORP MONT INC | COM | 26942G100 |  | 501930 | 31060 | SH |  | SOLE |  | 31060 | 0 | 0 |
| EATON CORP PLC | SHS | G29183103 |  | 381859 | 2433 | SH |  | SOLE |  | 2433 | 0 | 0 |
| EATON VANCE TAX-MANAGED BUY- | COM | 27828Y108 |  | 3353459 | 273083 | SH |  | SOLE |  | 269318 | 0 | 0 |
| EDAP TMS S A | SPONSORED ADR | 268311107 |  | 143910 | 13500 | SH |  | SOLE |  | 13500 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 |  | 2212524 | 23033 | SH |  | SOLE |  | 22983 | 0 | 0 |
| ENBRIDGE INC | COM | 29250N105 |  | 848274 | 21695 | SH |  | SOLE |  | 20715 | 0 | 0 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 413076 | 34800 | SH |  | SOLE |  | 34800 | 0 | 0 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 259145 | 10744 | SH |  | SOLE |  | 10744 | 0 | 0 |
| ENVIVA INC | COM | 29415B103 |  | 1993421 | 37633 | SH |  | SOLE |  | 37056 | 0 | 0 |
| EVERGY INC | COM | 30034W106 |  | 487015 | 7739 | SH |  | SOLE |  | 7739 | 0 | 0 |
| EXPEDITORS INTL WASH INC | COM | 302130109 |  | 1455051 | 14002 | SH |  | SOLE |  | 13899 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 7763696 | 70387 | SH |  | SOLE |  | 68770 | 0 | 0 |
| FACTSET RESH SYS INC | COM | 303075105 |  | 1125394 | 2805 | SH |  | SOLE |  | 2805 | 0 | 0 |
| FASTENAL CO | COM | 311900104 |  | 703648 | 14870 | SH |  | SOLE |  | 14870 | 0 | 0 |
| FEDEX CORP | COM | 31428X106 |  | 649380 | 3727 | SH |  | SOLE |  | 3717 | 0 | 0 |
| FIRST AMERN FINL CORP | COM | 31847R102 |  | 417412 | 7975 | SH |  | SOLE |  | 7975 | 0 | 0 |
| FIRST BANCORP INC ME | COM | 31866P102 |  | 693710 | 23170 | SH |  | SOLE |  | 22170 | 0 | 0 |
| FIRST FNDTN INC | COM | 32026V104 |  | 5244608 | 365988 | SH |  | SOLE |  | 365988 | 0 | 0 |
| FIRST HAWAIIAN INC | COM | 32051X108 |  | 435519 | 16725 | SH |  | SOLE |  | 16725 | 0 | 0 |
| FIRST HORIZON CORPORATION | COM | 320517105 |  | 1071646 | 43469 | SH |  | SOLE |  | 43469 | 0 | 0 |
| FIRST INTST BANCSYSTEM INC | COM CL A | 32055Y201 |  | 1118918 | 28950 | SH |  | SOLE |  | 28150 | 0 | 0 |
| FIRST TR DOW JONES SELECT MI | COM SHS ANNUAL | 33718M105 |  | 222534 | 4010 | SH |  | SOLE |  | 4010 | 0 | 0 |
| FIRST TR EXCHANGE-TRADED FD | FIRST TR ENH NEW | 33739Q408 |  | 319193 | 5370 | SH |  | SOLE |  | 4350 | 0 | 0 |
| FISERV INC | COM | 337738108 |  | 351521 | 3478 | SH |  | SOLE |  | 3377 | 0 | 0 |
| FLEX LNG LTD | SHS | G35947202 |  | 1678632 | 51350 | SH |  | SOLE |  | 50250 | 0 | 0 |
| FLEXSHARES TR | MORNSTAR UPSTR | 33939L407 |  | 237129 | 5455 | SH |  | SOLE |  | 5455 | 0 | 0 |
| FLEXSHARES TR | STOXX GLOBR INF | 33939L795 |  | 403280 | 8000 | SH |  | SOLE |  | 8000 | 0 | 0 |
| FLEXSHARES TR | IBOXX 3R TARGT | 33939L506 |  | 390573 | 16606 | SH |  | SOLE |  | 16606 | 0 | 0 |
| GEN DIGITAL INC | COM | 668771108 |  | 2155772 | 100596 | SH |  | SOLE |  | 98096 | 0 | 0 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 351572 | 1417 | SH |  | SOLE |  | 1017 | 0 | 0 |
| GENERAL MLS INC | COM | 370334104 |  | 1661861 | 19819 | SH |  | SOLE |  | 19819 | 0 | 0 |
| GENTEX CORP | COM | 371901109 |  | 429012 | 15732 | SH |  | SOLE |  | 15732 | 0 | 0 |
| GENUINE PARTS CO | COM | 372460105 |  | 1652218 | 9481 | SH |  | SOLE |  | 9281 | 0 | 0 |
| GLOBAL X FDS | GLBL X MLP ETF | 37954Y343 |  | 453736 | 10989 | SH |  | SOLE |  | 10989 | 0 | 0 |
| GLOBAL X FDS | GLB X MLP ENRG I | 37954Y293 |  | 1484887 | 36430 | SH |  | SOLE |  | 34630 | 0 | 0 |
| GLOBAL X FDS | US PFD ETF | 37954Y657 |  | 2915993 | 149750 | SH |  | SOLE |  | 143096 | 0 | 0 |
| GOLDMAN SACHS ETF TR | ACTIVEBETA INT | 381430107 |  | 269642 | 9322 | SH |  | SOLE |  | 9322 | 0 | 0 |
| GRUPO AEROPORTUARIO DEL CENT | SPON ADR | 400501102 |  | 628604 | 10165 | SH |  | SOLE |  | 10165 | 0 | 0 |
| GRUPO AEROPORTUARIO DEL SURE | SPON ADR SER B | 40051E202 |  | 872548 | 3745 | SH |  | SOLE |  | 3745 | 0 | 0 |
| GRUPO AEROPUERTO DEL PACIFIC | SPON ADR B | 400506101 |  | 875803 | 6090 | SH |  | SOLE |  | 6090 | 0 | 0 |
| GSK PLC | SPONSORED ADR | 37733W204 |  | 1571736 | 44304 | SH |  | SOLE |  | 42809 | 0 | 0 |
| HDFC BANK LTD | SPONSORED ADS | 40415F101 |  | 235262 | 3439 | SH |  | SOLE |  | 2739 | 0 | 0 |
| HENRY SCHEIN INC | COM | 806407102 |  | 492958 | 6172 | SH |  | SOLE |  | 6172 | 0 | 0 |
| HERCULES CAPITAL INC | COM | 427096508 |  | 916642 | 69338 | SH |  | SOLE |  | 68063 | 0 | 0 |
| HESS MIDSTREAM LP | CL A SHS | 428103105 |  | 1635128 | 54650 | SH |  | SOLE |  | 53250 | 0 | 0 |
| HOLOGIC INC | COM | 436440101 |  | 391256 | 5230 | SH |  | SOLE |  | 5230 | 0 | 0 |
| HOME BANCSHARES INC | COM | 436893200 |  | 1067370 | 46835 | SH |  | SOLE |  | 42935 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 |  | 10543514 | 33380 | SH |  | SOLE |  | 33150 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 1252206 | 5843 | SH |  | SOLE |  | 5793 | 0 | 0 |
| HOULIHAN LOKEY INC | CL A | 441593100 |  | 648035 | 7435 | SH |  | SOLE |  | 7395 | 0 | 0 |
| HUNTINGTON INGALLS INDS INC | COM | 446413106 |  | 1552508 | 6730 | SH |  | SOLE |  | 6710 | 0 | 0 |
| HUNTSMAN CORP | COM | 447011107 |  | 1947828 | 70882 | SH |  | SOLE |  | 70882 | 0 | 0 |
| ILLINOIS TOOL WKS INC | COM | 452308109 |  | 285346 | 1289 | SH |  | SOLE |  | 1289 | 0 | 0 |
| INFOSYS LTD | SPONSORED ADR | 456788108 |  | 5618598 | 311971 | SH |  | SOLE |  | 307371 | 0 | 0 |
| INGREDION INC | COM | 457187102 |  | 2568177 | 26042 | SH |  | SOLE |  | 25687 | 0 | 0 |
| INNOVATIVE INDL PPTYS INC | COM | 45781V101 |  | 605594 | 5871 | SH |  | SOLE |  | 5721 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 4110393 | 155520 | SH |  | SOLE |  | 154225 | 0 | 0 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 1301662 | 12688 | SH |  | SOLE |  | 12438 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 2171064 | 15410 | SH |  | SOLE |  | 14810 | 0 | 0 |
| INTERNATIONAL FLAVORS | COM | 459506101 |  | 2673847 | 25309 | SH |  | SOLE |  | 25074 | 0 | 0 |
| INVESCO CURRENCYSHARES SWISS | SWISS FRANC | 46138R108 |  | 418371 | 4335 | SH |  | SOLE |  | 4335 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | CHINA TECHNLGY | 46138E800 |  | 274505 | 6325 | SH |  | SOLE |  | 6325 | 0 | 0 |
| INVESCO EXCH TRADED FD TR II | SR LN ETF | 46138G508 |  | 553489 | 26960 | SH |  | SOLE |  | 26960 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 1090933 | 4097 | SH |  | SOLE |  | 4086 | 0 | 0 |
| ISHARES INC | MSCI EMERG MRKT | 464286533 |  | 201590 | 3800 | SH |  | SOLE |  | 3434 | 0 | 0 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 |  | 693215 | 14844 | SH |  | SOLE |  | 14594 | 0 | 0 |
| ISHARES TR | S 500 VAL ETF | 464287408 |  | 200197 | 1380 | SH |  | SOLE |  | 1380 | 0 | 0 |
| ISHARES TR | SELECT DIVID ETF | 464287168 |  | 238185 | 1975 | SH |  | SOLE |  | 1975 | 0 | 0 |
| ISHARES TR | JPMORGAN USD EMG | 464288281 |  | 218665 | 2585 | SH |  | SOLE |  | 2535 | 0 | 0 |
| ISHARES TR | S 100 ETF | 464287101 |  | 525356 | 3080 | SH |  | SOLE |  | 3080 | 0 | 0 |
| ISHARES TR | CORE S US VLU | 464287663 |  | 250383 | 3545 | SH |  | SOLE |  | 3545 | 0 | 0 |
| ISHARES TR | U.S. TECH ETF | 464287721 |  | 283136 | 3801 | SH |  | SOLE |  | 3800 | 0 | 0 |
| ISHARES TR | FLTG RATE NT ETF | 46429B655 |  | 217174 | 4315 | SH |  | SOLE |  | 4115 | 0 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 804171 | 4612 | SH |  | SOLE |  | 4501 | 0 | 0 |
| ISHARES TR | CORE HIGH DV ETF | 46429B663 |  | 496391 | 4762 | SH |  | SOLE |  | 4628 | 0 | 0 |
| ISHARES TR | MSCI ACWI ETF | 464288257 |  | 457079 | 5385 | SH |  | SOLE |  | 5385 | 0 | 0 |
| ISHARES TR | MSCI INDIA ETF | 46429B598 |  | 269223 | 6450 | SH |  | SOLE |  | 6350 | 0 | 0 |
| ISHARES TR | CYBERSECURITY | 46435U135 |  | 412123 | 12481 | SH |  | SOLE |  | 12481 | 0 | 0 |
| ISHARES TR | AGGRES ALLOC ETF | 464289859 |  | 822817 | 13771 | SH |  | SOLE |  | 0 | 0 | 0 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 |  | 2194224 | 14469 | SH |  | SOLE |  | 13083 | 0 | 0 |
| ISHARES TR | PFD AND INCM SEC | 464288687 |  | 523040 | 17132 | SH |  | SOLE |  | 17132 | 0 | 0 |
| ISHARES TR | CORE DIV GRWTH | 46434V621 |  | 945700 | 18914 | SH |  | SOLE |  | 18474 | 0 | 0 |
| ISHARES TR | NATIONAL MUN ETF | 464288414 |  | 2072413 | 19640 | SH |  | SOLE |  | 19640 | 0 | 0 |
| ISHARES TR | SHRT NAT MUN ETF | 464288158 |  | 2347639 | 22515 | SH |  | SOLE |  | 22515 | 0 | 0 |
| ISHARES TR | ISHS 1-5YR INVS | 464288646 |  | 1195082 | 23988 | SH |  | SOLE |  | 23888 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 |  | 9263693 | 24111 | SH |  | SOLE |  | 22685 | 0 | 0 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 1669553 | 25435 | SH |  | SOLE |  | 25435 | 0 | 0 |
| ISHARES TR | ISHS 5-10YR INVT | 464288638 |  | 1311421 | 26488 | SH |  | SOLE |  | 26208 | 0 | 0 |
| ISHARES TR | RUS MID CAP ETF | 464287499 |  | 1917930 | 28435 | SH |  | SOLE |  | 28206 | 0 | 0 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 8433495 | 34865 | SH |  | SOLE |  | 34210 | 0 | 0 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 3605216 | 38094 | SH |  | SOLE |  | 37155 | 0 | 0 |
| ISHARES TR | BLACKROCK ULTRA | 46434V878 |  | 1950059 | 38970 | SH |  | SOLE |  | 38570 | 0 | 0 |
| ISHARES TR | CORE MSCI TOTAL | 46432F834 |  | 3244058 | 56048 | SH |  | SOLE |  | 55948 | 0 | 0 |
| ISHARES TR | BROAD USD HIGH | 46435U853 |  | 2006918 | 58121 | SH |  | SOLE |  | 57546 | 0 | 0 |
| ISHARES TR | 0-5YR HI YL CP | 46434V407 |  | 2831346 | 69243 | SH |  | SOLE |  | 68746 | 0 | 0 |
| ISHARES TR | CORE S TTL STK | 464287150 |  | 7695600 | 90750 | SH |  | SOLE |  | 90750 | 0 | 0 |
| ISHARES TR | GLB INFRASTR ETF | 464288372 |  | 4490953 | 97970 | SH |  | SOLE |  | 95760 | 0 | 0 |
| ISHARES TR | GLOBAL REIT ETF | 46434V647 |  | 2967337 | 130662 | SH |  | SOLE |  | 129150 | 0 | 0 |
| ISHARES U S ETF TR | BLACKROCK ST MAT | 46431W507 |  | 6637999 | 134727 | SH |  | SOLE |  | 134727 | 0 | 0 |
| JACKSON FINANCIAL INC | COM CL A | 46817M107 |  | 1673630 | 48107 | SH |  | SOLE |  | 45552 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 6110619 | 34592 | SH |  | SOLE |  | 34477 | 0 | 0 |
| JOHNSON OUTDOORS INC | CL A | 479167108 |  | 423168 | 6400 | SH |  | SOLE |  | 6400 | 0 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 8459983 | 63087 | SH |  | SOLE |  | 61379 | 0 | 0 |
| KELLOGG CO | COM | 487836108 |  | 821129 | 11526 | SH |  | SOLE |  | 11526 | 0 | 0 |
| KIMBERLY-CLARK CORP | COM | 494368103 |  | 2393726 | 17497 | SH |  | SOLE |  | 16778 | 0 | 0 |
| KIMCO RLTY CORP | COM | 49446R109 |  | 1827262 | 86273 | SH |  | SOLE |  | 85578 | 0 | 0 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 785034 | 43420 | SH |  | SOLE |  | 42245 | 0 | 0 |
| KLA CORP | COM NEW | 482480100 |  | 3112006 | 8254 | SH |  | SOLE |  | 7989 | 0 | 0 |
| KNOT OFFSHORE PARTNERS LP | COM UNITS | Y48125101 |  | 809975 | 84110 | SH |  | SOLE |  | 84110 | 0 | 0 |
| KRANESHARES TR | CSI CHI INTERNET | 500767306 |  | 273370 | 9052 | SH |  | SOLE |  | 7452 | 0 | 0 |
| KROGER CO | COM | 501044101 |  | 1996604 | 44787 | SH |  | SOLE |  | 44787 | 0 | 0 |
| L3HARRIS TECHNOLOGIES INC | COM | 502431109 |  | 1157856 | 5561 | SH |  | SOLE |  | 5561 | 0 | 0 |
| LAM RESEARCH CORP | COM | 512807108 |  | 3501588 | 8298 | SH |  | SOLE |  | 8053 | 0 | 0 |
| LAMAR ADVERTISING CO NEW | CL A | 512816109 |  | 905768 | 9595 | SH |  | SOLE |  | 9345 | 0 | 0 |
| LAMB WESTON HLDGS INC | COM | 513272104 |  | 636064 | 7118 | SH |  | SOLE |  | 7118 | 0 | 0 |
| LANCASTER COLONY CORP | COM | 513847103 |  | 404465 | 2050 | SH |  | SOLE |  | 2050 | 0 | 0 |
| LANDMARK BANCORP INC | COM | 51504L107 |  | 222340 | 9825 | SH |  | SOLE |  | 9825 | 0 | 0 |
| LEGGETT  PLATT INC | COM | 524660107 |  | 796626 | 24395 | SH |  | SOLE |  | 23955 | 0 | 0 |
| LEIDOS HOLDINGS INC | COM | 525327102 |  | 4516017 | 42932 | SH |  | SOLE |  | 41570 | 0 | 0 |
| LIFE STORAGE INC | COM | 53223X107 |  | 414291 | 4206 | SH |  | SOLE |  | 4006 | 0 | 0 |
| LILLY ELI  CO | COM | 532457108 |  | 4926557 | 13466 | SH |  | SOLE |  | 13306 | 0 | 0 |
| LINCOLN ELEC HLDGS INC | COM | 533900106 |  | 214423 | 1484 | SH |  | SOLE |  | 1484 | 0 | 0 |
| LINCOLN NATL CORP IND | COM | 534187109 |  | 1415974 | 46093 | SH |  | SOLE |  | 43993 | 0 | 0 |
| LINDE PLC | SHS | G5494J103 |  | 3165577 | 9705 | SH |  | SOLE |  | 9605 | 0 | 0 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 6430607 | 13218 | SH |  | SOLE |  | 13029 | 0 | 0 |
| LOGITECH INTL S A | SHS | H50430232 |  | 987098 | 15857 | SH |  | SOLE |  | 15577 | 0 | 0 |
| LOWES COS INC | COM | 548661107 |  | 1196857 | 6007 | SH |  | SOLE |  | 5907 | 0 | 0 |
| LYONDELLBASELL INDUSTRIES N | SHS - A - | N53745100 |  | 692110 | 8336 | SH |  | SOLE |  | 8336 | 0 | 0 |
| M D C HLDGS INC | COM | 552676108 |  | 303360 | 9600 | SH |  | SOLE |  | 7350 | 0 | 0 |
| MACQUARIE GLOBAL INFRASTRUCT | COM | 55608D101 |  | 404643 | 17810 | SH |  | SOLE |  | 17810 | 0 | 0 |
| MAGELLAN MIDSTREAM PRTNRS LP | COM UNIT RP LP | 559080106 |  | 252807 | 5035 | SH |  | SOLE |  | 5035 | 0 | 0 |
| MAGIC SOFTWARE ENTERPRISES L | ORD | 559166103 |  | 4122292 | 257275 | SH |  | SOLE |  | 254275 | 0 | 0 |
| MARATHON PETE CORP | COM | 56585A102 |  | 379431 | 3260 | SH |  | SOLE |  | 3260 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 328257 | 944 | SH |  | SOLE |  | 901 | 0 | 0 |
| MATIV HOLDINGS INC | COM | 808541106 |  | 738669 | 35343 | SH |  | SOLE |  | 35168 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 4777642 | 18129 | SH |  | SOLE |  | 17904 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 5092415 | 64968 | SH |  | SOLE |  | 63431 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 10655601 | 95434 | SH |  | SOLE |  | 90619 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 747913 | 6215 | SH |  | SOLE |  | 6089 | 0 | 0 |
| MFS MUN INCOME TR | SH BEN INT | 552738106 |  | 59570 | 11500 | SH |  | SOLE |  | 11500 | 0 | 0 |
| MICROCHIP TECHNOLOGY INC. | COM | 595017104 |  | 5292417 | 75337 | SH |  | SOLE |  | 74027 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 1761012 | 35159 | SH |  | SOLE |  | 34608 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 17699206 | 73802 | SH |  | SOLE |  | 73113 | 0 | 0 |
| MIDDLEBY CORP | COM | 596278101 |  | 200850 | 1500 | SH |  | SOLE |  | 1500 | 0 | 0 |
| MOELIS  CO | CL A | 60786M105 |  | 506147 | 13191 | SH |  | SOLE |  | 11891 | 0 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 356585 | 5319 | SH |  | SOLE |  | 5319 | 0 | 0 |
| MOODYS CORP | COM | 615369105 |  | 1474457 | 5292 | SH |  | SOLE |  | 5157 | 0 | 0 |
| NASDAQ INC | COM | 631103108 |  | 403070 | 6570 | SH |  | SOLE |  | 6570 | 0 | 0 |
| NATIONAL INSTRS CORP | COM | 636518102 |  | 2949232 | 79925 | SH |  | SOLE |  | 77275 | 0 | 0 |
| NEOGENOMICS INC | COM NEW | 64049M209 |  | 98868 | 10700 | SH |  | SOLE |  | 10700 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 2779202 | 33244 | SH |  | SOLE |  | 33184 | 0 | 0 |
| NEXTERA ENERGY PARTNERS LP | COM UNIT PART IN | 65341B106 |  | 1942194 | 27710 | SH |  | SOLE |  | 27710 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 531342 | 4541 | SH |  | SOLE |  | 2341 | 0 | 0 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 2227858 | 9041 | SH |  | SOLE |  | 9041 | 0 | 0 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 226974 | 416 | SH |  | SOLE |  | 416 | 0 | 0 |
| NORTHWEST BANCSHARES INC MD | COM | 667340103 |  | 560598 | 40100 | SH |  | SOLE |  | 40100 | 0 | 0 |
| NORTHWESTERN CORP | COM NEW | 668074305 |  | 1449083 | 24420 | SH |  | SOLE |  | 23955 | 0 | 0 |
| NOVARTIS AG | SPONSORED ADR | 66987V109 |  | 2662088 | 29344 | SH |  | SOLE |  | 29344 | 0 | 0 |
| NUVEEN NEW YORK AMT QLT MUNI | COM | 670656107 |  | 210330 | 20500 | SH |  | SOLE |  | 20500 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 623510 | 4267 | SH |  | SOLE |  | 4266 | 0 | 0 |
| OLD NATL BANCORP IND | COM | 680033107 |  | 249922 | 13900 | SH |  | SOLE |  | 13900 | 0 | 0 |
| OLD REP INTL CORP | COM | 680223104 |  | 1470843 | 60904 | SH |  | SOLE |  | 60504 | 0 | 0 |
| OLIN CORP | COM PAR $1 | 680665205 |  | 415050 | 7840 | SH |  | SOLE |  | 7040 | 0 | 0 |
| OMEGA HEALTHCARE INVS INC | COM | 681936100 |  | 314922 | 11267 | SH |  | SOLE |  | 11267 | 0 | 0 |
| OMNICOM GROUP INC | COM | 681919106 |  | 1562382 | 19007 | SH |  | SOLE |  | 18892 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 4232579 | 51781 | SH |  | SOLE |  | 47931 | 0 | 0 |
| ORANGE | SPONSORED ADR | 684060106 |  | 138320 | 14000 | SH |  | SOLE |  | 14000 | 0 | 0 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 |  | 239705 | 284 | SH |  | SOLE |  | 284 | 0 | 0 |
| ORGANON  CO | COMMON STOCK | 68622V106 |  | 216849 | 7764 | SH |  | SOLE |  | 7764 | 0 | 0 |
| ORIX CORP | SPONSORED ADR | 686330101 |  | 1555083 | 19313 | SH |  | SOLE |  | 19313 | 0 | 0 |
| PACKAGING CORP AMER | COM | 695156109 |  | 6163621 | 47727 | SH |  | SOLE |  | 47172 | 0 | 0 |
| PARK HOTELS  RESORTS INC | COM | 700517105 |  | 218891 | 18380 | SH |  | SOLE |  | 18380 | 0 | 0 |
| PAYCHEX INC | COM | 704326107 |  | 6389842 | 55295 | SH |  | SOLE |  | 54925 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 4305464 | 23685 | SH |  | SOLE |  | 22035 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 5060753 | 98766 | SH |  | SOLE |  | 97506 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 459682 | 4493 | SH |  | SOLE |  | 4493 | 0 | 0 |
| PIMCO ETF TR | SR LN ACTIVE ETF | 72201R627 |  | 203997 | 4150 | SH |  | SOLE |  | 4050 | 0 | 0 |
| PIMCO ETF TR | ENHAN SHRT MA AC | 72201R833 |  | 1489336 | 15047 | SH |  | SOLE |  | 14972 | 0 | 0 |
| PINNACLE WEST CAP CORP | COM | 723484101 |  | 723901 | 9520 | SH |  | SOLE |  | 9520 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 16505212 | 108902 | SH |  | SOLE |  | 108812 | 0 | 0 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 1302130 | 13092 | SH |  | SOLE |  | 12992 | 0 | 0 |
| PUBLIC STORAGE | COM | 74460D109 |  | 261697 | 934 | SH |  | SOLE |  | 934 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 3595881 | 32708 | SH |  | SOLE |  | 31503 | 0 | 0 |
| QUEST DIAGNOSTICS INC | COM | 74834L100 |  | 792369 | 5065 | SH |  | SOLE |  | 5045 | 0 | 0 |
| RAYTHEON TECHNOLOGIES CORP | COM | 75513E101 |  | 3794271 | 37597 | SH |  | SOLE |  | 37015 | 0 | 0 |
| REALTY INCOME CORP | COM | 756109104 |  | 1332644 | 20928 | SH |  | SOLE |  | 20503 | 0 | 0 |
| RIO TINTO PLC | SPONSORED ADR | 767204100 |  | 6173564 | 86707 | SH |  | SOLE |  | 86357 | 0 | 0 |
| ROYAL BK CDA SUSTAINABL | COM | 780087102 |  | 639806 | 6805 | SH |  | SOLE |  | 6805 | 0 | 0 |
| RPM INTL INC | COM | 749685103 |  | 1449569 | 14875 | SH |  | SOLE |  | 14025 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 419345 | 1252 | SH |  | SOLE |  | 1252 | 0 | 0 |
| SAFETY INS GROUP INC | COM | 78648T100 |  | 1613410 | 19148 | SH |  | SOLE |  | 18848 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 253114 | 1909 | SH |  | SOLE |  | 1873 | 0 | 0 |
| SANOFI | SPONSORED ADR | 80105N105 |  | 769407 | 15887 | SH |  | SOLE |  | 15887 | 0 | 0 |
| SAP SE | SPON ADR | 803054204 |  | 3641781 | 35292 | SH |  | SOLE |  | 34317 | 0 | 0 |
| SAREPTA THERAPEUTICS INC | COM | 803607100 |  | 259160 | 2000 | SH |  | SOLE |  | 2000 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 2518948 | 30254 | SH |  | SOLE |  | 29945 | 0 | 0 |
| SCHWAB STRATEGIC TR | US MID-CAP ETF | 808524508 |  | 889147 | 13552 | SH |  | SOLE |  | 13512 | 0 | 0 |
| SCHWAB STRATEGIC TR | US SML CAP ETF | 808524607 |  | 982935 | 24264 | SH |  | SOLE |  | 24054 | 0 | 0 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 |  | 1884366 | 24945 | SH |  | SOLE |  | 24150 | 0 | 0 |
| SCHWAB STRATEGIC TR | US LRG CAP ETF | 808524201 |  | 1668157 | 36947 | SH |  | SOLE |  | 32328 | 0 | 0 |
| SCHWAB STRATEGIC TR | US BRD MKT ETF | 808524102 |  | 3081360 | 68765 | SH |  | SOLE |  | 68165 | 0 | 0 |
| SCHWAB STRATEGIC TR | EMRG MKTEQ ETF | 808524706 |  | 5700661 | 240839 | SH |  | SOLE |  | 235174 | 0 | 0 |
| SCHWAB STRATEGIC TR | INTL EQTY ETF | 808524805 |  | 7939858 | 246503 | SH |  | SOLE |  | 239225 | 0 | 0 |
| SEAGATE TECHNOLOGY HLDNGS PL | ORD SHS | G7997R103 |  | 1482117 | 27866 | SH |  | SOLE |  | 27516 | 0 | 0 |
| SELECT SECTOR SPDR TR | COMMUNICATION | 81369Y852 |  | 996176 | 20758 | SH |  | SOLE |  | 19658 | 0 | 0 |
| SELECT SECTOR SPDR TR | FINANCIAL | 81369Y605 |  | 731128 | 21378 | SH |  | SOLE |  | 21378 | 0 | 0 |
| SHELL PLC | SPON ADS | 780259305 |  | 300924 | 5284 | SH |  | SOLE |  | 5284 | 0 | 0 |
| SILICON MOTION TECHNOLOGY CO | SPONSORED ADR | 82706C108 |  | 4371747 | 67268 | SH |  | SOLE |  | 65613 | 0 | 0 |
| SKYWORKS SOLUTIONS INC | COM | 83088M102 |  | 1827543 | 20054 | SH |  | SOLE |  | 19074 | 0 | 0 |
| SMUCKER J M CO | COM NEW | 832696405 |  | 1597594 | 10082 | SH |  | SOLE |  | 10062 | 0 | 0 |
| SONOCO PRODS CO | COM | 835495102 |  | 2614313 | 43062 | SH |  | SOLE |  | 42272 | 0 | 0 |
| SOUTHERN CO | COM | 842587107 |  | 5244519 | 73442 | SH |  | SOLE |  | 73016 | 0 | 0 |
| SOUTHSIDE BANCSHARES INC | COM | 84470P109 |  | 815138 | 22649 | SH |  | SOLE |  | 22524 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 300263 | 1770 | SH |  | SOLE |  | 1770 | 0 | 0 |
| SPDR INDEX SHS FDS | PORTFOLIO DEVLPD | 78463X889 |  | 343068 | 11555 | SH |  | SOLE |  | 11555 | 0 | 0 |
| SPDR INDEX SHS FDS | S GBLINF ETF | 78463X855 |  | 1080114 | 20605 | SH |  | SOLE |  | 20605 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 4717941 | 12280 | SH |  | SOLE |  | 12279 | 0 | 0 |
| SPDR S MIDCAP 400 ETF TR | UTSER1 S | 78467Y107 |  | 2594262 | 5837 | SH |  | SOLE |  | 5837 | 0 | 0 |
| SPDR SER TR | MSCI USA STRTGIC | 78468R812 |  | 542284 | 4916 | SH |  | SOLE |  | 4916 | 0 | 0 |
| SPDR SER TR | NUVEEN BLMBRG SH | 78468R739 |  | 291840 | 6212 | SH |  | SOLE |  | 6212 | 0 | 0 |
| SPDR SER TR | PORTFOLIO S | 78464A854 |  | 747163 | 16611 | SH |  | SOLE |  | 16430 | 0 | 0 |
| SPDR SER TR | BLOOMBERG INVT | 78468R200 |  | 544741 | 17925 | SH |  | SOLE |  | 17925 | 0 | 0 |
| SPDR SER TR | PORTFOLIO S | 78468R853 |  | 962144 | 26025 | SH |  | SOLE |  | 26025 | 0 | 0 |
| SPDR SER TR | PORTFOLIO SHORT | 78464A474 |  | 773135 | 26315 | SH |  | SOLE |  | 25760 | 0 | 0 |
| SPDR SER TR | PORTFOLIO S | 78464A847 |  | 1602250 | 37700 | SH |  | SOLE |  | 37700 | 0 | 0 |
| SSGA ACTIVE ETF TR | BLACKSTONE SENR | 78467V608 |  | 2171790 | 53100 | SH |  | SOLE |  | 52520 | 0 | 0 |
| SSGA ACTIVE ETF TR | ULT SHT TRM BD | 78467V707 |  | 4932510 | 123359 | SH |  | SOLE |  | 123359 | 0 | 0 |
| STANLEY BLACK  DECKER INC | COM | 854502101 |  | 785691 | 10459 | SH |  | SOLE |  | 10094 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 3645899 | 36753 | SH |  | SOLE |  | 36091 | 0 | 0 |
| STMICROELECTRONICS N V | NY REGISTRY | 861012102 |  | 310170 | 8720 | SH |  | SOLE |  | 7195 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 |  | 263099 | 1074 | SH |  | SOLE |  | 1074 | 0 | 0 |
| SUPERIOR GROUP OF CO INC | COM | 868358102 |  | 214026 | 21275 | SH |  | SOLE |  | 21175 | 0 | 0 |
| SYSCO CORP | COM | 871829107 |  | 230977 | 3021 | SH |  | SOLE |  | 3021 | 0 | 0 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 8230729 | 109850 | SH |  | SOLE |  | 107378 | 0 | 0 |
| TARGET CORP | COM | 87612E106 |  | 2915840 | 19564 | SH |  | SOLE |  | 19321 | 0 | 0 |
| TE CONNECTIVITY LTD | SHS | H84989104 |  | 1175896 | 10243 | SH |  | SOLE |  | 9753 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 270034 | 2192 | SH |  | SOLE |  | 2189 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 4216039 | 25518 | SH |  | SOLE |  | 25358 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 260067 | 472 | SH |  | SOLE |  | 472 | 0 | 0 |
| TILRAY BRANDS INC | NOTE 5.000%10/0 | 88688TAB6 |  | 48642 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 |  | 577180 | 7251 | SH |  | SOLE |  | 7251 | 0 | 0 |
| TRAVELERS COMPANIES INC | COM | 89417E109 |  | 1596158 | 8513 | SH |  | SOLE |  | 8513 | 0 | 0 |
| TRUIST FINL CORP | COM | 89832Q109 |  | 333512 | 7751 | SH |  | SOLE |  | 7751 | 0 | 0 |
| UGI CORP NEW | COM | 902681105 |  | 796611 | 21300 | SH |  | SOLE |  | 20905 | 0 | 0 |
| UMPQUA HLDGS CORP | COM | 904214103 |  | 258825 | 14500 | SH |  | SOLE |  | 14500 | 0 | 0 |
| UNILEVER PLC | SPON ADR NEW | 904767704 |  | 2946438 | 58519 | SH |  | SOLE |  | 58444 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 1690312 | 8163 | SH |  | SOLE |  | 8063 | 0 | 0 |
| UNITED BANKSHARES INC WEST V | COM | 909907107 |  | 369728 | 9050 | SH |  | SOLE |  | 9050 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 6479410 | 37272 | SH |  | SOLE |  | 36632 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 6103286 | 11512 | SH |  | SOLE |  | 11434 | 0 | 0 |
| UNUM GROUP | COM | 91529Y106 |  | 1579245 | 38490 | SH |  | SOLE |  | 38390 | 0 | 0 |
| URSTADT BIDDLE PPTYS INC | COM | 917286106 |  | 298644 | 16400 | SH |  | SOLE |  | 16400 | 0 | 0 |
| URSTADT BIDDLE PPTYS INC | CL A | 917286205 |  | 653775 | 34500 | SH |  | SOLE |  | 31275 | 0 | 0 |
| US BANCORP DEL | COM NEW | 902973304 |  | 2721032 | 61759 | SH |  | SOLE |  | 60724 | 0 | 0 |
| VANECK ETF TRUST | VANECK SHRT MUNI | 92189F528 |  | 185680 | 11000 | SH |  | SOLE |  | 11000 | 0 | 0 |
| VANECK ETF TRUST | SHRT HGH YLD MUN | 92189F387 |  | 2784864 | 125050 | SH |  | SOLE |  | 125050 | 0 | 0 |
| VANGUARD ADMIRAL FDS INC | MIDCP 400 IDX | 921932885 |  | 1303653 | 7970 | SH |  | SOLE |  | 7970 | 0 | 0 |
| VANGUARD BD INDEX FDS | INTERMED TERM | 921937819 |  | 939033 | 12635 | SH |  | SOLE |  | 12110 | 0 | 0 |
| VANGUARD BD INDEX FDS | SHORT TRM BOND | 921937827 |  | 1257801 | 16708 | SH |  | SOLE |  | 16558 | 0 | 0 |
| VANGUARD BD INDEX FDS | VANGUARD ULTRA | 92203C303 |  | 7563640 | 154360 | SH |  | SOLE |  | 154360 | 0 | 0 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 351572 | 1725 | SH |  | SOLE |  | 1725 | 0 | 0 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 773070 | 4212 | SH |  | SOLE |  | 4044 | 0 | 0 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 4288392 | 22430 | SH |  | SOLE |  | 22430 | 0 | 0 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 11520062 | 32789 | SH |  | SOLE |  | 32789 | 0 | 0 |
| VANGUARD INDEX FDS | LARGE CAP ETF | 922908637 |  | 13148616 | 75480 | SH |  | SOLE |  | 74820 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 |  | 244432 | 4875 | SH |  | SOLE |  | 4875 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | FTSE SMCAP ETF | 922042718 |  | 569567 | 5540 | SH |  | SOLE |  | 5540 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 5274827 | 135321 | SH |  | SOLE |  | 133884 | 0 | 0 |
| VANGUARD MUN BD FDS | TAX EXEMPT BD | 922907746 |  | 1854638 | 37475 | SH |  | SOLE |  | 37475 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | INT-TERM CORP | 92206C870 |  | 1407272 | 18156 | SH |  | SOLE |  | 18156 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 92206C409 |  | 4355855 | 57931 | SH |  | SOLE |  | 57706 | 0 | 0 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 363681 | 2395 | SH |  | SOLE |  | 2205 | 0 | 0 |
| VANGUARD STAR FDS | VG TL INTL STK F | 921909768 |  | 792954 | 15332 | SH |  | SOLE |  | 15232 | 0 | 0 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 1848862 | 44052 | SH |  | SOLE |  | 42897 | 0 | 0 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 |  | 299744 | 2770 | SH |  | SOLE |  | 2770 | 0 | 0 |
| VANGUARD WHITEHALL FDS | EM MK GOV BD ETF | 921946885 |  | 886649 | 14540 | SH |  | SOLE |  | 14505 | 0 | 0 |
| VANGUARD WORLD FDS | INF TECH ETF | 92204A702 |  | 4126138 | 12918 | SH |  | SOLE |  | 12893 | 0 | 0 |
| VENTAS INC | COM | 92276F100 |  | 710678 | 15620 | SH |  | SOLE |  | 15620 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 665688 | 16896 | SH |  | SOLE |  | 16896 | 0 | 0 |
| VIATRIS INC | COM | 92556V106 |  | 126470 | 11363 | SH |  | SOLE |  | 11363 | 0 | 0 |
| VIPER ENERGY PARTNERS LP | COM UNT RP INT | 92763M105 |  | 266718 | 8390 | SH |  | SOLE |  | 8240 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 1046279 | 5036 | SH |  | SOLE |  | 4942 | 0 | 0 |
| WALGREENS BOOTS ALLIANCE INC | COM | 931427108 |  | 1488808 | 39850 | SH |  | SOLE |  | 39850 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 2308935 | 16223 | SH |  | SOLE |  | 16123 | 0 | 0 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 1762064 | 11232 | SH |  | SOLE |  | 11232 | 0 | 0 |
| WATSCO INC | COM | 942622200 |  | 4278395 | 17155 | SH |  | SOLE |  | 16493 | 0 | 0 |
| WESTERN DIGITAL CORP. | COM | 958102105 |  | 229053 | 7260 | SH |  | SOLE |  | 7260 | 0 | 0 |
| WILLIAMS SONOMA INC | COM | 969904101 |  | 259030 | 2254 | SH |  | SOLE |  | 2254 | 0 | 0 |
| WISDOMTREE TR | INDIA ERNGS FD | 97717W422 |  | 729332 | 22379 | SH |  | SOLE |  | 22379 | 0 | 0 |
| WP CAREY INC | COM | 92936U109 |  | 441624 | 5575 | SH |  | SOLE |  | 5575 | 0 | 0 |
| YUM BRANDS INC | COM | 988498101 |  | 388467 | 3033 | SH |  | SOLE |  | 3033 | 0 | 0 |
| YUM CHINA HLDGS INC | COM | 98850P109 |  | 913912 | 16723 | SH |  | SOLE |  | 16648 | 0 | 0 |

---