# EDGAR Filing Document

**Accession Number:** 0001787274
**File Stem:** 0001787274-26-000002
**Filing Date:** 2026-2
**Character Count:** 33497
**Document Hash:** 18cb190056d0ba2a5f8337d7958440a2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001787274-26-000002.hdr.sgml**: 20260218

**ACCESSION NUMBER**: 0001787274-26-000002

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260218

**DATE AS OF CHANGE**: 20260217

**EFFECTIVENESS DATE**: 20260218

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Sierra Capital LLC
- **CENTRAL INDEX KEY:** 0001787274

**ORGANIZATION NAME:**
- **EIN:** 133990048
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-21269
- **FILM NUMBER:** 26644625

**BUSINESS ADDRESS:**
- **STREET 1:** 600 BRICKELL AVENUE
- **STREET 2:** STE. 2020
- **CITY:** MIAMI
- **STATE:** FL
- **ZIP:** 33131-3067
- **BUSINESS PHONE:** 2128673533

**MAIL ADDRESS:**
- **STREET 1:** 600 BRICKELL AVENUE
- **STREET 2:** STE. 2020
- **CITY:** MIAMI
- **STATE:** FL
- **ZIP:** 33131-3067

### 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:** Sierra Capital LLC<br>**Address:** 600 BRICKELL AVENUE<br>STE. 2020<br>MIAMI, FL 33131-3067

**Form 13F File Number:** 028-21269

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:** Carlos Pedroso<br>**Title:** CCO  Managing Partner<br>**Phone:** 8455795667

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

Carlos Pedroso  Miami, FL  02-17-2026<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:** 269

**Form 13F Information Table Value Total:** $945015

      (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 |
| WTS MSP Recovery Inc | Warrant | 553745118 |  | 16 | 399539 | SH |  | SOLE | 0 | 399539 | 0 | 0 |
| Hafnia LTD F | Common Stock | Y2990R101 |  | 53 | 10000 | SH |  | SOLE | 0 | 10000 | 0 | 0 |
| Borr Drilling | Common Stock | G1466R173 |  | 60 | 15000 | SH |  | SOLE | 0 | 15000 | 0 | 0 |
| SUI Group Holdings Limited (Mill City Ventures III LTD) | Common Stock | 59982U200 |  | 69 | 41030 | SH |  | SOLE | 0 | 41030 | 0 | 0 |
| iShares J.P. Morgan EM Bond UCITS ETF (Acc) | ETF | G4R53X240 |  | 70 | 10780 | SH |  | SOLE | 0 | 10780 | 0 | 0 |
| iShares J.P. Morgan EM Bond UCITS ETF (Acc) | ETF | G4R53X240 |  | 74 | 11436 | SH |  | SOLE | 0 | 11436 | 0 | 0 |
| iShares IV PLC - iShares MSCI China Ucits ETF Accum SHS Usd | ETF | G4954B825 |  | 75 | 12263 | SH |  | SOLE | 0 | 12263 | 0 | 0 |
| Alsea Sab De CV Ordf | Common Stock | P0212A104 |  | 96 | 32100 | SH |  | SOLE | 0 | 32100 | 0 | 0 |
| iShares Diversified Commodity Swap UCITS ETF (No Income) | ETF | G4954P378 |  | 115 | 14350 | SH |  | SOLE | 0 | 14350 | 0 | 0 |
| iShares J.P. Morgan EM Bond UCITS ETF (Acc) | ETF | G4R53X240 |  | 145 | 22371 | SH |  | SOLE | 0 | 22371 | 0 | 0 |
| iShares Developed Markets Property Yield UCITS ETF (Acc) | ETF | G4R53X463 |  | 150 | 24886 | SH |  | SOLE | 0 | 24886 | 0 | 0 |
| iShares Treas BD 20YR Usd Acc | ETF | G4954B411 |  | 154 | 33096 | SH |  | SOLE | 0 | 33096 | 0 | 0 |
| iShares V PLC - iShares JP Morgan Usd Em Corp Bond Ucits ETF Accum SHS | ETF | G4R54M789 |  | 170 | 25352 | SH |  | SOLE | 0 | 25352 | 0 | 0 |
| Franklin FTSE Canada ETF | ETF | 35473P827 |  | 201 | 4170 | SH |  | SOLE | 0 | 4170 | 0 | 0 |
| iShares High Yield Corp Bond UCITS ETF (Acc) | ETF | G4R53X265 |  | 204 | 27600 | SH |  | SOLE | 0 | 27600 | 0 | 0 |
| iShares High Yield Corp Bond UCITS ETF (Acc) | ETF | G4R53X265 |  | 211 | 28536 | SH |  | SOLE | 0 | 28536 | 0 | 0 |
| Vanguard FTSE Emerging Markets UCITS ETF USD (Acc) | ETF | G9T17Y687 |  | 213 | 2682 | SH |  | SOLE | 0 | 2682 | 0 | 0 |
| Vanguard S Mid Cap 400 ETF | ETF | 921932885 |  | 228 | 2043 | SH |  | SOLE | 0 | 2043 | 0 | 0 |
| iShares MSCI EM ex-China UCITS ETF (Acc) | ETF | G4955N182 |  | 235 | 33824 | SH |  | SOLE | 0 | 33824 | 0 | 0 |
| Focus Corp BD FC | Common Stock | L3954C118 |  | 237 | 960 | SH |  | SOLE | 0 | 960 | 0 | 0 |
| iShares Core S Small-Cap ETF | ETF | 464287804 |  | 246 | 2045 | SH |  | SOLE | 0 | 2045 | 0 | 0 |
| Sphere Entertainment | Common Stock | 55826T102 |  | 248 | 2606 | SH |  | SOLE | 0 | 2606 | 0 | 0 |
| iShares NASDAQ 100 UCITS ETF (Acc) | ETF | G4955H268 |  | 262 | 180 | SH |  | SOLE | 0 | 180 | 0 | 0 |
| Eli Lilly  Co | Common Stock | 532457108 |  | 265 | 247 | SH |  | SOLE | 0 | 247 | 0 | 0 |
| iShares U.S. Real Estate ETF | ETF | 464287739 |  | 266 | 2830 | SH |  | SOLE | 0 | 2830 | 0 | 0 |
| iShares S 500 Financials Sector UCITS ETF (Acc) | ETF | G4R54M656 |  | 270 | 16674 | SH |  | SOLE | 0 | 16674 | 0 | 0 |
| iShares US Aggregate Bond UCITS ETF (Acc) | ETF | G4R53X257 |  | 274 | 47610 | SH |  | SOLE | 0 | 47610 | 0 | 0 |
| iShares Corp Bond UCITS ETF | ETF | G49507232 |  | 274 | 2650 | SH |  | SOLE | 0 | 2650 | 0 | 0 |
| JPMorgan Betabuilders Japan ETF | ETF | 46641Q217 |  | 279 | 4236 | SH |  | SOLE | 0 | 4236 | 0 | 0 |
| ProShares Ultrashort QQQ ETF | ETF | 74349Y829 |  | 288 | 14250 | SH |  | SOLE | 0 | 14250 | 0 | 0 |
| iShares US Aggregate Bond UCITS ETF (Acc) | ETF | G4R53X257 |  | 296 | 51513 | SH |  | SOLE | 0 | 51513 | 0 | 0 |
| Cons Discret Sel Sect SPDR FD | ETF | 81369Y407 |  | 306 | 2562 | SH |  | SOLE | 0 | 2562 | 0 | 0 |
| iShares S 500 Energy Sector UCITS ETF (Acc) | ETF | G4R54M599 |  | 314 | 33528 | SH |  | SOLE | 0 | 33528 | 0 | 0 |
| Vanguard S Mid Cap 400 Growth ETF | ETF | 921932869 |  | 316 | 2628 | SH |  | SOLE | 0 | 2628 | 0 | 0 |
| iShares Developed Markets Property Yield UCITS ETF (Acc) | ETF | G4R53X463 |  | 321 | 53228 | SH |  | SOLE | 0 | 53228 | 0 | 0 |
| Pacira Biosciences Inc | Common Stock | 695127100 |  | 324 | 12500 | SH |  | SOLE | 0 | 12500 | 0 | 0 |
| Microstrategy Inc Class A | Common Stock | 594972408 |  | 349 | 2295 | SH |  | SOLE | 0 | 2295 | 0 | 0 |
| Ish Usd Float Bond Usd Acc Held BY Euroclear | ETF | G4R53X414 |  | 349 | 54260 | SH |  | SOLE | 0 | 54260 | 0 | 0 |
| iShares Usd Short HY CRP Usd Held BY Euroclear | ETF | G4954B452 |  | 352 | 49260 | SH |  | SOLE | 0 | 49260 | 0 | 0 |
| Ark Genomic Revolution ETF | ETF | 00214Q302 |  | 366 | 12636 | SH |  | SOLE | 0 | 12636 | 0 | 0 |
| American Express | Common Stock | 025816109 |  | 370 | 1001 | SH |  | SOLE | 0 | 1001 | 0 | 0 |
| iShares 0-5 Year High Yield Corporate Bond ETF | ETF | 46434V407 |  | 374 | 8727 | SH |  | SOLE | 0 | 8727 | 0 | 0 |
| iShares J.P. Morgan EM Bond UCITS ETF (Acc) | ETF | G4R53X240 |  | 378 | 58236 | SH |  | SOLE | 0 | 58236 | 0 | 0 |
| iShares MSCI Emerging Markets ETF | ETF | 464287234 |  | 382 | 6991 | SH |  | SOLE | 0 | 6991 | 0 | 0 |
| iShares Treasury Bond 1-3yr UCITS ETF (Acc) | ETF | G4954G154 |  | 383 | 64687 | SH |  | SOLE | 0 | 64687 | 0 | 0 |
| Alibaba Group HLDG LTD | Common Stock | 01609W102 |  | 385 | 2625 | SH |  | SOLE | 0 | 2625 | 0 | 0 |
| Vanguard Mid-Cap Value ETF | Common Stock | 922908512 |  | 385 | 2173 | SH |  | SOLE | 0 | 2173 | 0 | 0 |
| iShares S GSCI Commodity-Indexed Trust | ETF | 46428R107 |  | 407 | 17649 | SH |  | SOLE | 0 | 17649 | 0 | 0 |
| Invesco AT1 Capital Bond UCITS ETF (Acc) | ETF | G491BH237 |  | 411 | 13797 | SH |  | SOLE | 0 | 13797 | 0 | 0 |
| Invesco Preferred Shares UCITS ETF (Acc) | ETF | G491B7734 |  | 411 | 8795 | SH |  | SOLE | 0 | 8795 | 0 | 0 |
| PIMCO Mortgage Backed Sec Act ETF | ETF | 72201R569 |  | 424 | 8530 | SH |  | SOLE | 0 | 8530 | 0 | 0 |
| Bankwell Finl Group | Common Stock | 06654A103 |  | 427 | 9327 | SH |  | SOLE | 0 | 9327 | 0 | 0 |
| iShares S 500 Information Technology Sector UCITS ETF | ETF | G4R54M573 |  | 435 | 10233 | SH |  | SOLE | 0 | 10233 | 0 | 0 |
| iShares TR EAFE SML (CP Etf) | ETF | 464288273 |  | 444 | 5723 | SH |  | SOLE | 0 | 5723 | 0 | 0 |
| SPDR Dow Jones Industrial Average ETF Trust | ETF | 78467X109 |  | 459 | 955 | SH |  | SOLE | 0 | 955 | 0 | 0 |
| Global X Emerging MKT Ex CHN ETF | ETF | 37960A636 |  | 467 | 13640 | SH |  | SOLE | 0 | 13640 | 0 | 0 |
| iShares Treasury Bond 7-10yr UCITS ETF USD (Acc) | ETF | G4955H482 |  | 473 | 3037 | SH |  | SOLE | 0 | 3037 | 0 | 0 |
| iShares S 500 Equal Weight UCITS ETF (Acc) | ETF | G4954S208 |  | 474 | 68033 | SH |  | SOLE | 0 | 68033 | 0 | 0 |
| iShares US Aggregate Bond UCITS ETF (Acc) | ETF | G4R53X257 |  | 491 | 85410 | SH |  | SOLE | 0 | 85410 | 0 | 0 |
| Adobe Systems Inc | Common Stock | 00724F101 |  | 496 | 1418 | SH |  | SOLE | 0 | 1418 | 0 | 0 |
| Uber Technologies Inc | Common Stock | 90353T100 |  | 507 | 6207 | SH |  | SOLE | 0 | 6207 | 0 | 0 |
| Xtrackers II USD Overnight Rate Swap UCITS ETF 1C | ETF | L7910Q244 |  | 510 | 2425 | SH |  | SOLE | 0 | 2425 | 0 | 0 |
| iShares US Mortgage Backed Securities UCITS ETF (Acc) | ETF | G4955M838 |  | 510 | 91450 | SH |  | SOLE | 0 | 91450 | 0 | 0 |
| Aecom | Common Stock | 00766T100 |  | 522 | 5480 | SH |  | SOLE | 0 | 5480 | 0 | 0 |
| Xtrackers MSCI Eurpe HDGD Eqy ETF | ETF | 233051853 |  | 545 | 11346 | SH |  | SOLE | 0 | 11346 | 0 | 0 |
| Vanguard S Small-Cap 600 Value ETF | ETF | 921932778 |  | 550 | 5623 | SH |  | SOLE | 0 | 5623 | 0 | 0 |
| Fidelity National Information SVCS | Common Stock | 31620M106 |  | 552 | 8309 | SH |  | SOLE | 0 | 8309 | 0 | 0 |
| Snowflake Inc Class A | Common Stock | 833445109 |  | 560 | 2555 | SH |  | SOLE | 0 | 2555 | 0 | 0 |
| Crowdstrike Holdings Inc - A | Common Stock | 22788C105 |  | 561 | 1196 | SH |  | SOLE | 0 | 1196 | 0 | 0 |
| UnitedHealth Group | Common Stock | 91324P102 |  | 587 | 1779 | SH |  | SOLE | 0 | 1779 | 0 | 0 |
| iShares MSCI USA Small Cap ESG Enhanced UCITS ETF (Acc) | ETF | G4955H342 |  | 596 | 1004 | SH |  | SOLE | 0 | 1004 | 0 | 0 |
| iShares MSCI EMU UCITS ETF (Acc) | ETF | G4955H144 |  | 638 | 2496 | SH |  | SOLE | 0 | 2496 | 0 | 0 |
| Matthews Emrg MRKT EQT Actv ETF | ETF | 577125818 |  | 643 | 17960 | SH |  | SOLE | 0 | 17960 | 0 | 0 |
| iShares MSCI USA Small Cap UCITS ETF (Acc) | ETF | G4955H342 |  | 664 | 1118 | SH |  | SOLE | 0 | 1118 | 0 | 0 |
| Netflix Inc Com | Common Stock | 64110L106 |  | 668 | 7120 | SH |  | SOLE | 0 | 7120 | 0 | 0 |
| Ubs Msci Usa Sf Index Fund Usd Acc | Common Stock | H893Q0101 |  | 674 | 3275 | SH |  | SOLE | 0 | 3275 | 0 | 0 |
| iShares 1-3 Year Treasury Bond ETF | ETF | 464287457 |  | 688 | 8285 | SH |  | SOLE | 0 | 8285 | 0 | 0 |
| Invesco USD AAA CLO UCITS ETF (Acc) | ETF | G491C9291 |  | 700 | 33572 | SH |  | SOLE | 0 | 33572 | 0 | 0 |
| Palo Alto Networks Inc | Common Stock | 697435105 |  | 701 | 3803 | SH |  | SOLE | 0 | 3803 | 0 | 0 |
| Dell Technologies Inc | Common Stock | 24703L202 |  | 703 | 5586 | SH |  | SOLE | 0 | 5586 | 0 | 0 |
| Pacer US Cash Cows 100 ETF | ETF | 69374H881 |  | 709 | 11785 | SH |  | SOLE | 0 | 11785 | 0 | 0 |
| Rocket Cos Inc Com | Common Stock | 77311W101 |  | 713 | 36847 | SH |  | SOLE | 0 | 36847 | 0 | 0 |
| iShares Russell 2000 GRWTH ETF | ETF | 464287648 |  | 718 | 2223 | SH |  | SOLE | 0 | 2223 | 0 | 0 |
| iShares MSCI ACWI UCITS ETF (Acc) | ETF | G4954W266 |  | 724 | 6629 | SH |  | SOLE | 0 | 6629 | 0 | 0 |
| Ark Innovation ETF | Common Stock | 00214Q104 |  | 726 | 9437 | SH |  | SOLE | 0 | 9437 | 0 | 0 |
| Vanguard FTSE All World Ex US ETF | ETF | 922042775 |  | 749 | 10183 | SH |  | SOLE | 0 | 10183 | 0 | 0 |
| iShares S 500 Swap UCITS ETF USD (Acc) | ETF | G4955H532 |  | 754 | 65700 | SH |  | SOLE | 0 | 65700 | 0 | 0 |
| Coca-Cola | Common Stock | 191216100 |  | 776 | 11093 | SH |  | SOLE | 0 | 11093 | 0 | 0 |
| iShares Edge S 500 Minimum Volatility UCITS ETF (Acc) | ETF | G4954P204 |  | 779 | 7128 | SH |  | SOLE | 0 | 7128 | 0 | 0 |
| Global X US Infrastructure | ETF | 37954Y673 |  | 779 | 16305 | SH |  | SOLE | 0 | 16305 | 0 | 0 |
| iShares MSCI USA UCITS ETF (Acc) | ETF | G9827U108 |  | 780 | 1097 | SH |  | SOLE | 0 | 1097 | 0 | 0 |
| Robinhood MKTS Inc | Common Stock | 770700102 |  | 782 | 6917 | SH |  | SOLE | 0 | 6917 | 0 | 0 |
| JPMorgan Chase | Common Stock | 46625H100 |  | 790 | 2451 | SH |  | SOLE | 0 | 2451 | 0 | 0 |
| Vanguard S 500 UCITS ETF (Acc) | ETF | G9T17Y406 |  | 791 | 5972 | SH |  | SOLE | 0 | 5972 | 0 | 0 |
| iShares S 500 Equal Weight UCITS ETF (Acc) | ETF | G4954S208 |  | 821 | 117804 | SH |  | SOLE | 0 | 117804 | 0 | 0 |
| CVS Health Corp Com | Common Stock | 126650100 |  | 824 | 10378 | SH |  | SOLE | 0 | 10378 | 0 | 0 |
| iShares Short Treasury Bond ETF | ETF | 464288679 |  | 833 | 7566 | SH |  | SOLE | 0 | 7566 | 0 | 0 |
| Visa Inc CL A | Common Stock | 92826C839 |  | 838 | 2390 | SH |  | SOLE | 0 | 2390 | 0 | 0 |
| Vanguard Usd CP 1-3 Ucits ETF | ETF | G9T17W350 |  | 850 | 17147 | SH |  | SOLE | 0 | 17147 | 0 | 0 |
| iShares Fallen Angels ETF | ETF | 46435G474 |  | 851 | 31185 | SH |  | SOLE | 0 | 31185 | 0 | 0 |
| First Trust RBA Amer Industrial Renaissance ETF | ETF | 33738R704 |  | 854 | 8685 | SH |  | SOLE | 0 | 8685 | 0 | 0 |
| iShares US Property Yield UCITS ETF (Dist) | ETF | G4953W432 |  | 879 | 30000 | SH |  | SOLE | 0 | 30000 | 0 | 0 |
| iShares Core MSCI EMU UCITS ETF USD Hedged (Acc) | ETF | G4955H276 |  | 887 | 79703 | SH |  | SOLE | 0 | 79703 | 0 | 0 |
| iShares Short Duration High Yield Corp Bond UCITS ETF (Acc) | ETF | G4954B452 |  | 903 | 126508 | SH |  | SOLE | 0 | 126508 | 0 | 0 |
| Vanguard FTSE All-World UCITS ETF (USD) Acc | ETF | G9T17Y653 |  | 904 | 5300 | SH |  | SOLE | 0 | 5300 | 0 | 0 |
| iShares (IB1MXX) MXN Hedged Treasury Bond 0-1yr UCITS ETF (Acc) | ETF | G4954G360 |  | 918 | 1827 | SH |  | SOLE | 0 | 1827 | 0 | 0 |
| iShares Edge MSCI EM Minimum Volatility UCITS ETF (Acc) | ETF | G4954P170 |  | 931 | 24100 | SH |  | SOLE | 0 | 24100 | 0 | 0 |
| Vanguard S Small-Cap 600 Growth ETF | ETF | 921932794 |  | 934 | 7698 | SH |  | SOLE | 0 | 7698 | 0 | 0 |
| iShares Edge MSCI USA Momntm ETF | ETF | 46432F396 |  | 941 | 3761 | SH |  | SOLE | 0 | 3761 | 0 | 0 |
| Salesforce | Common Stock | 79466L302 |  | 966 | 3646 | SH |  | SOLE | 0 | 3646 | 0 | 0 |
| Service Now Inc | Common Stock | 81762P102 |  | 967 | 6315 | SH |  | SOLE | 0 | 6315 | 0 | 0 |
| iShares Treasury Bond 0-1yr UCITS ETF (Acc) | ETF | G4954G576 |  | 994 | 8364 | SH |  | SOLE | 0 | 8364 | 0 | 0 |
| iShares Core S 500 UCITS ETF USD (Dist) | ETF | G49507208 |  | 1030 | 15009 | SH |  | SOLE | 0 | 15009 | 0 | 0 |
| Vanguard Total World Stock ETF | ETF | 922042742 |  | 1053 | 7462 | SH |  | SOLE | 0 | 7462 | 0 | 0 |
| iShares Core S 500 UCITS ETF (Acc) | ETF | G4955H110 |  | 1088 | 1473 | SH |  | SOLE | 0 | 1473 | 0 | 0 |
| iShares MSCI EAFE Value Index Fund | ETF | 464288877 |  | 1089 | 15250 | SH |  | SOLE | 0 | 15250 | 0 | 0 |
| iShares Core S 500 UCITS ETF USD (Acc) | ETF | G4955H110 |  | 1106 | 1498 | SH |  | SOLE | 0 | 1498 | 0 | 0 |
| Franklin Bitcoin ETF | ETF | 354921108 |  | 1169 | 23105 | SH |  | SOLE | 0 | 23105 | 0 | 0 |
| WisdomTree 90/60 U.S. Balanced Fund | ETF | 97717Y790 |  | 1175 | 21439 | SH |  | SOLE | 0 | 21439 | 0 | 0 |
| iShares MSCI ACWI ETF | ETF | 464288257 |  | 1175 | 8305 | SH |  | SOLE | 0 | 8305 | 0 | 0 |
| Invesco Nasdaq 100 ETF | ETF | 46138G649 |  | 1180 | 4664 | SH |  | SOLE | 0 | 4664 | 0 | 0 |
| iShares Currency Hedged MSCI Eurozone ETF | ETF | 46434V639 |  | 1195 | 27301 | SH |  | SOLE | 0 | 27301 | 0 | 0 |
| Vanguard Ultra SHRT Treasury | ETF | 922040852 |  | 1259 | 16687 | SH |  | SOLE | 0 | 16687 | 0 | 0 |
| iShares S 500 Utilities Sector UCITS ETF (Acc) | ETF | G4R54M623 |  | 1266 | 119694 | SH |  | SOLE | 0 | 119694 | 0 | 0 |
| iShares Core MSCI EM IMI UCITS ETF (Acc) | ETF | G49507836 |  | 1268 | 28098 | SH |  | SOLE | 0 | 28098 | 0 | 0 |
| Walt Disney | Common Stock | 254687106 |  | 1285 | 11293 | SH |  | SOLE | 0 | 11293 | 0 | 0 |
| Raytheon Technologies Corp | Common Stock | 75513E101 |  | 1290 | 7035 | SH |  | SOLE | 0 | 7035 | 0 | 0 |
| iShares NASDAQ 100 UCITS ETF (Acc) | ETF | G4955H268 |  | 1296 | 889 | SH |  | SOLE | 0 | 889 | 0 | 0 |
| iShares MSCI Japan UCITS ETF USD (Acc) | ETF | G4955H136 |  | 1359 | 5485 | SH |  | SOLE | 0 | 5485 | 0 | 0 |
| Cambria Tail Risk ETF | ETF | 132061862 |  | 1389 | 120850 | SH |  | SOLE | 0 | 120850 | 0 | 0 |
| Vanguard Mid-Cap Growth ETF | ETF | 922908538 |  | 1397 | 5005 | SH |  | SOLE | 0 | 5005 | 0 | 0 |
| iShares MSCI EM ex-China UCITS ETF (Acc) | ETF | G4955N182 |  | 1399 | 201600 | SH |  | SOLE | 0 | 201600 | 0 | 0 |
| iShares MSCI Eurozone ETF | ETF | 464286608 |  | 1405 | 22454 | SH |  | SOLE | 0 | 22454 | 0 | 0 |
| Wisdomtree TR (floatng Rat Trea) | ETF | 97717Y527 |  | 1409 | 28010 | SH |  | SOLE | 0 | 28010 | 0 | 0 |
| iShares S 500 Health Care Sector UCITS ETF (Acc) | ETF | G4R54M607 |  | 1430 | 114729 | SH |  | SOLE | 0 | 114729 | 0 | 0 |
| Vanguard FTSE Pacific ETF | ETF | 922042866 |  | 1477 | 16337 | SH |  | SOLE | 0 | 16337 | 0 | 0 |
| Taiwan SMCNDCTR MFG Co LTD ADR | Common Stock | 874039100 |  | 1482 | 4876 | SH |  | SOLE | 0 | 4876 | 0 | 0 |
| iShares High Yield Corp Bond UCITS ETF (Acc) | ETF | G4R53X265 |  | 1501 | 203355 | SH |  | SOLE | 0 | 203355 | 0 | 0 |
| Vanguard Real Estate ETF | ETF | 922908553 |  | 1510 | 17061 | SH |  | SOLE | 0 | 17061 | 0 | 0 |
| iShares MSCI World UCITS ETF (Dist) | ETF | G4953V103 |  | 1517 | 16001 | SH |  | SOLE | 0 | 16001 | 0 | 0 |
| iShares Corp Bond UCITS ETF (Acc) | ETF | G4954G147 |  | 1520 | 240057 | SH |  | SOLE | 0 | 240057 | 0 | 0 |
| Vanguard S 500 Value ETF | ETF | 921932703 |  | 1537 | 7505 | SH |  | SOLE | 0 | 7505 | 0 | 0 |
| iShares Floating Rate Bond UCITS ETF (Acc) | ETF | G4R53X414 |  | 1577 | 245185 | SH |  | SOLE | 0 | 245185 | 0 | 0 |
| iShares Short Duration Corp Bond UCITS ETF (Acc) | ETF | G4955M820 |  | 1604 | 253912 | SH |  | SOLE | 0 | 253912 | 0 | 0 |
| iShares iBoxx High Yield Corporate Bond ETF | ETF | 464288513 |  | 1612 | 19993 | SH |  | SOLE | 0 | 19993 | 0 | 0 |
| iShares MSCI Japan UCITS ETF (Acc) | ETF | G4955H136 |  | 1633 | 6574 | SH |  | SOLE | 0 | 6574 | 0 | 0 |
| Johnson  Johnson | Common Stock | 478160104 |  | 1685 | 8144 | SH |  | SOLE | 0 | 8144 | 0 | 0 |
| Hamilton Lane Incorporat Class A | Common Stock | 407497106 |  | 1735 | 12917 | SH |  | SOLE | 0 | 12917 | 0 | 0 |
| iShares High Yield Corp Bond UCITS ETF (Acc) | ETF | G4R53X265 |  | 1779 | 241036 | SH |  | SOLE | 0 | 241036 | 0 | 0 |
| iShares Short Duration Corp Bond UCITS ETF (Acc) | ETF | G4955M820 |  | 1836 | 290592 | SH |  | SOLE | 0 | 290592 | 0 | 0 |
| iShares Core U.S. Aggregate Bond ETF | ETF | 464287226 |  | 1857 | 18587 | SH |  | SOLE | 0 | 18587 | 0 | 0 |
| iShares Floating Rate Bond UCITS ETF (Acc) | ETF | G4R53X414 |  | 1886 | 293225 | SH |  | SOLE | 0 | 293225 | 0 | 0 |
| iShares S 500 Industrials Sector UCITS ETF (Acc) | ETF | G4R54M631 |  | 1912 | 146972 | SH |  | SOLE | 0 | 146972 | 0 | 0 |
| Vanguard Small Cap ETF | ETF | 922908751 |  | 1948 | 7550 | SH |  | SOLE | 0 | 7550 | 0 | 0 |
| Invesco QQQ Trust ETF | ETF | 46090E103 |  | 2003 | 3260 | SH |  | SOLE | 0 | 3260 | 0 | 0 |
| iShares MSCI World ETF | ETF | 464286392 |  | 2007 | 10801 | SH |  | SOLE | 0 | 10801 | 0 | 0 |
| iShares J.P. Morgan EM Bond UCITS ETF (Acc) | ETF | G4R53X240 |  | 2077 | 319933 | SH |  | SOLE | 0 | 319933 | 0 | 0 |
| Carlyle Group Inc LP | Master Limited Partnership | 14316J108 |  | 2120 | 35865 | SH |  | SOLE | 0 | 35865 | 0 | 0 |
| iShares Corp Bond UCITS ETF (Acc) | ETF | G4954G147 |  | 2135 | 337283 | SH |  | SOLE | 0 | 337283 | 0 | 0 |
| Shell PLC Sponsored ADR Repstg Ord SH | Common Stock | 780259305 |  | 2152 | 29288 | SH |  | SOLE | 0 | 29288 | 0 | 0 |
| Vanguard Materials ETF | ETF | 92204A801 |  | 2158 | 10398 | SH |  | SOLE | 0 | 10398 | 0 | 0 |
| Alerian MLP ETF | Common Stock | 00162Q452 |  | 2177 | 46309 | SH |  | SOLE | 0 | 46309 | 0 | 0 |
| iShares MSCI EMU UCITS ETF (Acc) | ETF | G4955H144 |  | 2180 | 8505 | SH |  | SOLE | 0 | 8505 | 0 | 0 |
| iShares J.P. Morgan EM Bond UCITS ETF (Acc) | ETF | G4R53X240 |  | 2186 | 336840 | SH |  | SOLE | 0 | 336840 | 0 | 0 |
| iShares MSCI Japan UCITS ETF (Acc) | ETF | G4955H136 |  | 2191 | 8820 | SH |  | SOLE | 0 | 8820 | 0 | 0 |
| KKR  Co Inc Class A | Common Stock | 48251W104 |  | 2196 | 17223 | SH |  | SOLE | 0 | 17223 | 0 | 0 |
| Tesla Inc | Common Stock | 88160R101 |  | 2228 | 4955 | SH |  | SOLE | 0 | 4955 | 0 | 0 |
| Vanguard S 500 Growth ETF | ETF | 921932505 |  | 2244 | 5048 | SH |  | SOLE | 0 | 5048 | 0 | 0 |
| Apollo Global MGMT | Common Stock | 03769M106 |  | 2246 | 15517 | SH |  | SOLE | 0 | 15517 | 0 | 0 |
| Broadcom Limited | Common Stock | 11135F101 |  | 2246 | 6490 | SH |  | SOLE | 0 | 6490 | 0 | 0 |
| iShares Treasury Bond 1-3yr UCITS ETF (Acc) | ETF | G4954G154 |  | 2269 | 383460 | SH |  | SOLE | 0 | 383460 | 0 | 0 |
| Mastercard Inc CL A | Common Stock | 57636Q104 |  | 2342 | 4103 | SH |  | SOLE | 0 | 4103 | 0 | 0 |
| Goldman Sachs Actvbeta US LRG ETF | ETF | 381430503 |  | 2386 | 18024 | SH |  | SOLE | 0 | 18024 | 0 | 0 |
| iShares Corp Bond UCITS ETF (Acc) | ETF | G4954G147 |  | 2397 | 378612 | SH |  | SOLE | 0 | 378612 | 0 | 0 |
| Janus Henderson AAA CLO ETF | ETF | 47103U845 |  | 2402 | 47491 | SH |  | SOLE | 0 | 47491 | 0 | 0 |
| iShares S 500 Consumer Staples Sector UCITS ETF (Acc) | ETF | G4R54M581 |  | 2449 | 263021 | SH |  | SOLE | 0 | 263021 | 0 | 0 |
| iShares Russell Mid-Cap Growth ETF | Common Stock | 464287481 |  | 2485 | 18144 | SH |  | SOLE | 0 | 18144 | 0 | 0 |
| Blackstone Group Inc | Common Stock | 09260D107 |  | 2511 | 16290 | SH |  | SOLE | 0 | 16290 | 0 | 0 |
| iShares MSCI USA Small Cap ESG Enhanced UCITS ETF (Acc) | ETF | G4955H342 |  | 2576 | 4337 | SH |  | SOLE | 0 | 4337 | 0 | 0 |
| iShares Treasury Bond 0-1yr UCITS ETF (Acc) | ETF | G4954G576 |  | 2660 | 22375 | SH |  | SOLE | 0 | 22375 | 0 | 0 |
| iShares Short Duration Corp Bond UCITS ETF (Acc) | ETF | G4955M820 |  | 2663 | 421425 | SH |  | SOLE | 0 | 421425 | 0 | 0 |
| Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF (Acc) | ETF | G9T17Y703 |  | 2741 | 66544 | SH |  | SOLE | 0 | 66544 | 0 | 0 |
| iShares MBS ETF | ETF | 464288588 |  | 2742 | 28777 | SH |  | SOLE | 0 | 28777 | 0 | 0 |
| iShares U.S. Preferred Stock ETF | ETF | 464288687 |  | 2763 | 89230 | SH |  | SOLE | 0 | 89230 | 0 | 0 |
| Health Care Select Sector SPDR Fund | ETF | 81369Y209 |  | 2773 | 17911 | SH |  | SOLE | 0 | 17911 | 0 | 0 |
| iShares MSCI EM ex-China UCITS ETF (Acc) | ETF | G4955N182 |  | 2855 | 410474 | SH |  | SOLE | 0 | 410474 | 0 | 0 |
| iShares US Property Yield UCITS ETF (Dist) | ETF | G4953W432 |  | 2922 | 99787 | SH |  | SOLE | 0 | 99787 | 0 | 0 |
| iShares S 500 Equal Weight UCITS ETF (Acc) | ETF | G4954S208 |  | 2980 | 427323 | SH |  | SOLE | 0 | 427323 | 0 | 0 |
| iShares Core MSCI EMU UCITS ETF (Acc) | ETF | G4955H144 |  | 3060 | 11938 | SH |  | SOLE | 0 | 11938 | 0 | 0 |
| Vanguard S Small-Cap 600 ETF | ETF | 921932828 |  | 3074 | 27704 | SH |  | SOLE | 0 | 27704 | 0 | 0 |
| iShares MSCI Japan UCITS ETF (Acc) | ETF | G4955H136 |  | 3097 | 12467 | SH |  | SOLE | 0 | 12467 | 0 | 0 |
| iShares Core MSCI EMU UCITS ETF (Acc) | ETF | G4955H144 |  | 3109 | 12131 | SH |  | SOLE | 0 | 12131 | 0 | 0 |
| iShares S 500 UCITS ETF (Dist) | ETF | G49507208 |  | 3224 | 46991 | SH |  | SOLE | 0 | 46991 | 0 | 0 |
| iShares Edge MSCI USA Value Factor UCITS ETF (Acc) | ETF | G4955M788 |  | 3286 | 251405 | SH |  | SOLE | 0 | 251405 | 0 | 0 |
| iShares Core MSCI World UCITS ETF (Acc) | ETF | G4954M409 |  | 3342 | 25427 | SH |  | SOLE | 0 | 25427 | 0 | 0 |
| Invesco AT1 Capital Bond UCITS ETF (Acc) | ETF | G491BH237 |  | 3548 | 119174 | SH |  | SOLE | 0 | 119174 | 0 | 0 |
| iShares Core MSCI EMU UCITS ETF (Acc) | ETF | G4955H144 |  | 3559 | 13888 | SH |  | SOLE | 0 | 13888 | 0 | 0 |
| iShares NASDAQ 100 UCITS ETF (Acc) | ETF | G4955H268 |  | 3565 | 2445 | SH |  | SOLE | 0 | 2445 | 0 | 0 |
| iShares Short Duration Corp Bond UCITS ETF (Acc) | ETF | G4955M820 |  | 3571 | 565147 | SH |  | SOLE | 0 | 565147 | 0 | 0 |
| Vanguard Industrials ETF | ETF | 92204A603 |  | 3579 | 11995 | SH |  | SOLE | 0 | 11995 | 0 | 0 |
| iShares Core MSCI EAFE ETF | ETF | 46432F842 |  | 3661 | 40918 | SH |  | SOLE | 0 | 40918 | 0 | 0 |
| iShares MSCI ACWI ex U.S. ETF | ETF | 464288240 |  | 3784 | 56374 | SH |  | SOLE | 0 | 56374 | 0 | 0 |
| iShares Core S 500 UCITS ETF (Acc) | ETF | G4955H110 |  | 3907 | 5290 | SH |  | SOLE | 0 | 5290 | 0 | 0 |
| iShares Short Duration High Yield Corp Bond UCITS ETF (Acc) | ETF | G4954B452 |  | 3914 | 548485 | SH |  | SOLE | 0 | 548485 | 0 | 0 |
| iShares Russell 2000 Value ETF | ETF | 464287630 |  | 4076 | 22492 | SH |  | SOLE | 0 | 22492 | 0 | 0 |
| iShares US Aggregate Bond UCITS ETF (Acc) | ETF | G4R53X257 |  | 4131 | 718124 | SH |  | SOLE | 0 | 718124 | 0 | 0 |
| iShares US Mortgage Backed Securities UCITS ETF (Acc) | ETF | G4955M838 |  | 4136 | 741740 | SH |  | SOLE | 0 | 741740 | 0 | 0 |
| iShares MSCI EM UCITS ETF USD (Acc) | ETF | G4954M433 |  | 4197 | 80012 | SH |  | SOLE | 0 | 80012 | 0 | 0 |
| iShares MSCI Japan ETF | ETF | 46434G822 |  | 4238 | 52423 | SH |  | SOLE | 0 | 52423 | 0 | 0 |
| iShares S 500 Swap UCITS ETF (Acc) | ETF | G4955H532 |  | 4301 | 375000 | SH |  | SOLE | 0 | 375000 | 0 | 0 |
| iShares S Mid-Cap 400 Value ETF | ETF | 464287705 |  | 4309 | 32744 | SH |  | SOLE | 0 | 32744 | 0 | 0 |
| iShares Short Duration High Yield Corp Bond UCITS ETF (Acc) | ETF | G4954B452 |  | 4393 | 615570 | SH |  | SOLE | 0 | 615570 | 0 | 0 |
| iShares S SmallCap 600 UCITS ETF | ETF | G4954M110 |  | 4580 | 46215 | SH |  | SOLE | 0 | 46215 | 0 | 0 |
| iShares Russell 1000 Growth ETF | ETF | 464287614 |  | 4600 | 9718 | SH |  | SOLE | 0 | 9718 | 0 | 0 |
| iShares S 500 Growth ETF | ETF | 464287309 |  | 4626 | 37532 | SH |  | SOLE | 0 | 37532 | 0 | 0 |
| iShares Treasury Bond 0-1yr UCITS ETF (Acc) | ETF | G4954G576 |  | 4645 | 39072 | SH |  | SOLE | 0 | 39072 | 0 | 0 |
| Nvidia Corporation | Common Stock | 67066G104 |  | 4671 | 25046 | SH |  | SOLE | 0 | 25046 | 0 | 0 |
| iShares Treasury Bond 1-3yr UCITS ETF (Acc) | ETF | G4954G154 |  | 4733 | 799858 | SH |  | SOLE | 0 | 799858 | 0 | 0 |
| iShares Core MSCI Europe UCITS ETF (Dist) | ETF | G4953W663 |  | 4909 | 113368 | SH |  | SOLE | 0 | 113368 | 0 | 0 |
| SPDR S 500 ETF Trust | ETF | 78462F103 |  | 5471 | 8023 | SH |  | SOLE | 0 | 8023 | 0 | 0 |
| iShares MSCI Emerging Markets ex China ETF | ETF | 46434G764 |  | 5481 | 75419 | SH |  | SOLE | 0 | 75419 | 0 | 0 |
| Vanguard Info Tech ETF | ETF | 92204A702 |  | 5533 | 7340 | SH |  | SOLE | 0 | 7340 | 0 | 0 |
| iShares Short Duration Corp Bond UCITS ETF (Dist) | ETF | G4955M325 |  | 6513 | 64503 | SH |  | SOLE | 0 | 64503 | 0 | 0 |
| Meta Platforms Inc (Facebook) | Common Stock | 30303M102 |  | 6521 | 9879 | SH |  | SOLE | 0 | 9879 | 0 | 0 |
| iShares Core MSCI EMU UCITS ETF (Acc) | ETF | G4955H144 |  | 6694 | 26118 | SH |  | SOLE | 0 | 26118 | 0 | 0 |
| iShares Treasury Bond 0-1yr UCITS ETF (Acc) | ETF | G4954G576 |  | 6695 | 56319 | SH |  | SOLE | 0 | 56319 | 0 | 0 |
| Invesco USD AAA CLO UCITS ETF (Acc) | ETF | G491C9291 |  | 6708 | 321625 | SH |  | SOLE | 0 | 321625 | 0 | 0 |
| iShares J.P. Morgan EM Bond UCITS ETF (Acc) | ETF | G4R53X240 |  | 6803 | 1048074 | SH |  | SOLE | 0 | 1048074 | 0 | 0 |
| iShares MSCI ACWI UCITS ETF (Acc) | ETF | G4954W266 |  | 6998 | 64037 | SH |  | SOLE | 0 | 64037 | 0 | 0 |
| JPMorgan Ultra-Short Municipal ETF | ETF | 46641Q654 |  | 7010 | 137619 | SH |  | SOLE | 0 | 137619 | 0 | 0 |
| iShares MSCI Japan UCITS ETF (Acc) | ETF | G4955H136 |  | 7118 | 28652 | SH |  | SOLE | 0 | 28652 | 0 | 0 |
| Goldman Sachs Equal Weight U.S. Large Cap ETF | ETF | 381430438 |  | 7570 | 88929 | SH |  | SOLE | 0 | 88929 | 0 | 0 |
| SPDR S 400 US Mid Cap UCITS ETF (Acc) | ETF | G8T03H104 |  | 7588 | 73368 | SH |  | SOLE | 0 | 73368 | 0 | 0 |
| iShares S 500 Equal Weight UCITS ETF (Acc) | ETF | G4954S208 |  | 7738 | 1109649 | SH |  | SOLE | 0 | 1109649 | 0 | 0 |
| Microsoft | Common Stock | 594918104 |  | 7860 | 16252 | SH |  | SOLE | 0 | 16252 | 0 | 0 |
| iShares Russell 1000 Value ETF | ETF | 464287598 |  | 7886 | 37492 | SH |  | SOLE | 0 | 37492 | 0 | 0 |
| iShares Core MSCI EMU UCITS ETF (Acc) | ETF | G4955H144 |  | 7904 | 30838 | SH |  | SOLE | 0 | 30838 | 0 | 0 |
| Invesco Preferred Shares UCITS ETF (Acc) | ETF | G491B7734 |  | 7938 | 169868 | SH |  | SOLE | 0 | 169868 | 0 | 0 |
| iShares Floating Rate Bond ETF | ETF | 46429B655 |  | 8145 | 160139 | SH |  | SOLE | 0 | 160139 | 0 | 0 |
| Vanguard FTSE Emerging Markets ETF | ETF | 922042858 |  | 8200 | 152525 | SH |  | SOLE | 0 | 152525 | 0 | 0 |
| iShares MSCI ACWI UCITS ETF (Acc) | ETF | G4954W266 |  | 8219 | 75211 | SH |  | SOLE | 0 | 75211 | 0 | 0 |
| Financial Select Sector SPDR Fund | ETF | 81369Y605 |  | 8584 | 156732 | SH |  | SOLE | 0 | 156732 | 0 | 0 |
| iShares Russell 2000 ETF | ETF | 464287655 |  | 8615 | 34996 | SH |  | SOLE | 0 | 34996 | 0 | 0 |
| Alphabet Inc. Class C | Common Stock | 02079K107 |  | 8859 | 28230 | SH |  | SOLE | 0 | 28230 | 0 | 0 |
| Berkshire Hathaway Inc. Class A | Common Stock | 084670108 |  | 9058 | 12 | SH |  | SOLE | 0 | 12 | 0 | 0 |
| iShares 0-5 Year Investment Grade Corporate Bond ETF | ETF | 46434V100 |  | 9209 | 181639 | SH |  | SOLE | 0 | 181639 | 0 | 0 |
| iShares MSCI USA Small Cap UCITS ETF (Acc) | ETF | G4955H342 |  | 9764 | 16438 | SH |  | SOLE | 0 | 16438 | 0 | 0 |
| Bank of America | Common Stock | 060505104 |  | 10044 | 182613 | SH |  | SOLE | 0 | 182613 | 0 | 0 |
| iShares S 500 Value ETF | ETF | 464287408 |  | 10235 | 48264 | SH |  | SOLE | 0 | 48264 | 0 | 0 |
| iShares Core S 500 UCITS ETF USD (Dist) | ETF | G49507208 |  | 11065 | 161270 | SH |  | SOLE | 0 | 161270 | 0 | 0 |
| iShares Floating Rate Bond UCITS ETF (Acc) | ETF | G4R53X414 |  | 11981 | 1862488 | SH |  | SOLE | 0 | 1862488 | 0 | 0 |
| Vanguard FTSE Europe ETF | ETF | 922042874 |  | 12319 | 147339 | SH |  | SOLE | 0 | 147339 | 0 | 0 |
| iShares Core S 500 UCITS ETF (Acc) | ETF | G4955H110 |  | 12816 | 17353 | SH |  | SOLE | 0 | 17353 | 0 | 0 |
| iShares MSCI USA Small Cap UCITS ETF (Acc) | ETF | G4955H342 |  | 13188 | 22202 | SH |  | SOLE | 0 | 22202 | 0 | 0 |
| iShares Core S 500 UCITS ETF (Acc) | ETF | G4955H110 |  | 13455 | 18219 | SH |  | SOLE | 0 | 18219 | 0 | 0 |
| Alphabet Inc. Class A | Common Stock | 02079K305 |  | 15079 | 48176 | SH |  | SOLE | 0 | 48176 | 0 | 0 |
| iShares MSCI World UCITS ETF | ETF | G4953V103 |  | 15342 | 161855 | SH |  | SOLE | 0 | 161855 | 0 | 0 |
| iShares Core S 500 ETF | ETF | 464287200 |  | 15400 | 22484 | SH |  | SOLE | 0 | 22484 | 0 | 0 |
| iShares Core MSCI EMU UCITS ETF (Acc) | ETF | G4955H144 |  | 15818 | 61717 | SH |  | SOLE | 0 | 61717 | 0 | 0 |
| Amazon Com Inc | Common Stock | 023135106 |  | 15958 | 69138 | SH |  | SOLE | 0 | 69138 | 0 | 0 |
| iShares US Mortgage Backed Securities UCITS ETF (Acc) | ETF | G4955M838 |  | 15965 | 2863089 | SH |  | SOLE | 0 | 2863089 | 0 | 0 |
| Vanguard Mid-Cap ETF | ETF | 922908629 |  | 16733 | 57658 | SH |  | SOLE | 0 | 57658 | 0 | 0 |
| iShares S 500 Swap UCITS ETF USD (Acc) | ETF | G4955H532 |  | 18497 | 1612540 | SH |  | SOLE | 0 | 1612540 | 0 | 0 |
| iShares S 500 Equal Weight UCITS ETF (Acc) | ETF | G4954S208 |  | 19076 | 2737115 | SH |  | SOLE | 0 | 2737115 | 0 | 0 |
| Berkshire Hathaway Inc. Class B | Common Stock | 084670702 |  | 24656 | 49052 | SH |  | SOLE | 0 | 49052 | 0 | 0 |
| iShares MSCI EM ex-China UCITS ETF (Acc) | ETF | G4955N182 |  | 24733 | 3578261 | SH |  | SOLE | 0 | 3578261 | 0 | 0 |
| iShares Short Duration Corp Bond UCITS ETF (Acc) | ETF | G4955M820 |  | 27167 | 4299939 | SH |  | SOLE | 0 | 4299939 | 0 | 0 |
| Apple | Common Stock | 037833100 |  | 29901 | 109988 | SH |  | SOLE | 0 | 109988 | 0 | 0 |
| Vanguard S 500 ETF | ETF | 922908363 |  | 65337 | 104183 | SH |  | SOLE | 0 | 104183 | 0 | 0 |

---