# EDGAR Filing Document

**Accession Number:** 0001775210
**File Stem:** 0001085146-23-000458
**Filing Date:** 2023-1
**Character Count:** 27954
**Document Hash:** 2453358b8c3fff2c76b4651d69e117f9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001085146-23-000458.hdr.sgml**: 20230131

**ACCESSION NUMBER**: 0001085146-23-000458

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230131

**DATE AS OF CHANGE**: 20230130

**EFFECTIVENESS DATE**: 20230131

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Waterfront Wealth Inc.
- **CENTRAL INDEX KEY:** 0001775210
- **IRS NUMBER:** 454998452
- **STATE OF INCORPORATION:** KS
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-20796
- **FILM NUMBER:** 23569292

**BUSINESS ADDRESS:**
- **STREET 1:** 6711 W 121ST STREET
- **STREET 2:** SUITE 200
- **CITY:** OVERLAND PARK
- **STATE:** KS
- **ZIP:** 66209
- **BUSINESS PHONE:** 9139515800

**MAIL ADDRESS:**
- **STREET 1:** 6711 W 121ST STREET
- **STREET 2:** SUITE 200
- **CITY:** OVERLAND PARK
- **STATE:** KS
- **ZIP:** 66209

### 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:** Waterfront Wealth Inc.<br>**Address:** 6711 W 121ST STREET<br>SUITE 200<br>OVERLAND PARK, KS 66209

**Form 13F File Number:** 028-20796

**CRD Number (if applicable):** 000173220

**SEC File Number (if applicable):** 801-110161

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:** Roger Ratzlaff<br>**Title:** Chief Compliance Officer<br>**Phone:** 913-981-5800

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

/s/Roger Ratzlaff  Overland Park, KS  01-30-2023<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:** 245

**Form 13F Information Table Value Total:** $291065596

      (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 |
| ABBVIE INC | COM | 00287Y109 |  | 800210 | 5470 | SH |  | SOLE |  | 0 | 0 | 5470 |
| ABRDN TOTAL DYNAMIC DIVIDEND | COM SH BEN INT | 00326L100 |  | 3577844 | 428484 | SH |  | SOLE |  | 0 | 0 | 428484 |
| ADAMS DIVERSIFIED EQUITY FD | COM | 006212104 |  | 5211844 | 336900 | SH |  | SOLE |  | 0 | 0 | 336900 |
| ADEIA INC | COM | 00676P107 |  | 417111 | 37443 | SH |  | SOLE |  | 0 | 0 | 37443 |
| AFLAC INC | COM | 001055102 |  | 246436 | 3380 | SH |  | SOLE |  | 0 | 0 | 3380 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 892822 | 7542 | SH |  | SOLE |  | 0 | 0 | 7542 |
| ALLIANCEBERNSTEIN GLOBAL HIG | COM | 01879R106 |  | 794594 | 78907 | SH |  | SOLE |  | 0 | 0 | 78907 |
| ALLY FINL INC | COM | 02005N100 |  | 3585629 | 110907 | SH |  | SOLE |  | 0 | 0 | 110907 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 2977225 | 29973 | SH |  | SOLE |  | 0 | 0 | 29973 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 349766 | 3473 | SH |  | SOLE |  | 0 | 0 | 3473 |
| AMARIN CORP PLC | SPONS ADR NEW | 023111206 |  | 342117 | 184928 | SH |  | SOLE |  | 0 | 0 | 184928 |
| AMAZON COM INC | COM | 023135106 |  | 1459476 | 14275 | SH |  | SOLE |  | 0 | 0 | 14275 |
| AMEREN CORP | COM | 023608102 |  | 654199 | 7504 | SH |  | SOLE |  | 0 | 0 | 7504 |
| AMERICAN CENTY ETF TR | AVANTIS EMGMKT | 025072604 |  | 2664289 | 47687 | SH |  | SOLE |  | 0 | 0 | 47687 |
| AMERICAN CENTY ETF TR | INTL EQT ETF | 025072703 |  | 2925630 | 50468 | SH |  | SOLE |  | 0 | 0 | 50468 |
| AMERICAN CENTY ETF TR | INTL SMCP VLU | 025072802 |  | 887384 | 14807 | SH |  | SOLE |  | 0 | 0 | 14807 |
| AMERICAN CENTY ETF TR | US EQT ETF | 025072885 |  | 1095305 | 15116 | SH |  | SOLE |  | 0 | 0 | 15116 |
| AMERICAN CENTY ETF TR | US SML CP VALU | 025072877 |  | 2564169 | 31739 | SH |  | SOLE |  | 0 | 0 | 31739 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 855187 | 4963 | SH |  | SOLE |  | 0 | 0 | 4963 |
| AON PLC | SHS CL A | G0403H108 |  | 694258 | 2174 | SH |  | SOLE |  | 0 | 0 | 2174 |
| APOLLO GLOBAL MGMT INC | COM | 03769M106 |  | 527821 | 7453 | SH |  | SOLE |  | 0 | 0 | 7453 |
| APPLE INC | COM | 037833100 |  | 7188567 | 49260 | SH |  | SOLE |  | 0 | 0 | 49260 |
| ASLAN PHARMACEUTICALS LTD | ADS | 04522R101 |  | 209894 | 281775 | SH |  | SOLE |  | 0 | 0 | 281775 |
| AT INC | COM | 00206R102 |  | 401314 | 20116 | SH |  | SOLE |  | 0 | 0 | 20116 |
| AUTODESK INC | COM | 052769106 |  | 1032679 | 4897 | SH |  | SOLE |  | 0 | 0 | 4897 |
| BAIDU INC | SPON ADR REP A | 056752108 |  | 1042661 | 7499 | SH |  | SOLE |  | 0 | 0 | 7499 |
| BANCO SANTANDER S.A. | ADR | 05964H105 |  | 689809 | 202290 | SH |  | SOLE |  | 0 | 0 | 202290 |
| BANK AMERICA CORP | COM | 060505104 |  | 756755 | 21347 | SH |  | SOLE |  | 0 | 0 | 21347 |
| BANK NEW YORK MELLON CORP | COM | 064058100 |  | 532082 | 10629 | SH |  | SOLE |  | 0 | 0 | 10629 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 10110168 | 32701 | SH |  | SOLE |  | 0 | 0 | 32701 |
| BLACKROCK CORE BD TR | SHS BEN INT | 09249E101 |  | 503405 | 44947 | SH |  | SOLE |  | 0 | 0 | 44947 |
| BLACKROCK CR ALLOCATION INCO | COM | 092508100 |  | 1668286 | 149087 | SH |  | SOLE |  | 0 | 0 | 149087 |
| BLACKROCK ENHANCED EQUITY DI | COM | 09251A104 |  | 2068181 | 227523 | SH |  | SOLE |  | 0 | 0 | 227523 |
| BLACKROCK ENHANCED INTL DIV | COM BENE INTER | 092524107 |  | 4797017 | 881805 | SH |  | SOLE |  | 0 | 0 | 881805 |
| BLACKROCK FLOATING RATE INC | COM | 091941104 |  | 1014164 | 87959 | SH |  | SOLE |  | 0 | 0 | 87959 |
| BLACKROCK FLOATING RATE INCO | COM | 09255X100 |  | 418612 | 35687 | SH |  | SOLE |  | 0 | 0 | 35687 |
| BLACKROCK HEALTH SCIENCES TR | COM | 09250W107 |  | 334214 | 7742 | SH |  | SOLE |  | 0 | 0 | 7742 |
| BLACKROCK INC | COM | 09247X101 |  | 1304271 | 1718 | SH |  | SOLE |  | 0 | 0 | 1718 |
| BLACKROCK LTD DURATION INCOM | COM SHS | 09249W101 |  | 3935712 | 288542 | SH |  | SOLE |  | 0 | 0 | 288542 |
| BLACKROCK MUN TARGET TERM TR | COM SHS BEN IN | 09257P105 |  | 2844017 | 128630 | SH |  | SOLE |  | 0 | 0 | 128630 |
| BLACKSTONE INC | COM | 09260D107 |  | 1064046 | 11100 | SH |  | SOLE |  | 0 | 0 | 11100 |
| BOEING CO | COM | 097023105 |  | 351968 | 1667 | SH |  | SOLE |  | 0 | 0 | 1667 |
| BROOKFIELD ASSET MANAGMT LTD | CL A LMT VTG SHS | 113004105 |  | 662184 | 20375 | SH |  | SOLE |  | 0 | 0 | 20375 |
| BROOKFIELD CORP | CL A LTD VT SH | 11271J107 |  | 3085972 | 81834 | SH |  | SOLE |  | 0 | 0 | 81834 |
| BROOKFIELD RENEWABLE PARTNER | PARTNERSHIP UNIT | G16258108 |  | 406295 | 13862 | SH |  | SOLE |  | 0 | 0 | 13862 |
| BRUNSWICK CORP | COM | 117043109 |  | 387609 | 4863 | SH |  | SOLE |  | 0 | 0 | 4863 |
| BUNGE LIMITED | COM | G16962105 |  | 795927 | 8155 | SH |  | SOLE |  | 0 | 0 | 8155 |
| CANADIAN NAT RES LTD | COM | 136385101 |  | 630301 | 10145 | SH |  | SOLE |  | 0 | 0 | 10145 |
| CANADIAN PAC RY LTD | COM | 13645T100 |  | 1606315 | 20735 | SH |  | SOLE |  | 0 | 0 | 20735 |
| CANADIAN SOLAR INC | COM | 136635109 |  | 1528648 | 37421 | SH |  | SOLE |  | 0 | 0 | 37421 |
| CARLYLE GROUP INC | COM | 14316J108 |  | 986371 | 27840 | SH |  | SOLE |  | 0 | 0 | 27840 |
| CARTERS INC | COM | 146229109 |  | 521655 | 6415 | SH |  | SOLE |  | 0 | 0 | 6415 |
| CBRE GROUP INC | CL A | 12504L109 |  | 293499 | 3475 | SH |  | SOLE |  | 0 | 0 | 3475 |
| CELESTICA INC | SUB VTG SHS | 15101Q108 |  | 1407490 | 106628 | SH |  | SOLE |  | 0 | 0 | 106628 |
| CHENIERE ENERGY INC | COM NEW | 16411R208 |  | 225390 | 1500 | SH |  | SOLE |  | 0 | 0 | 1500 |
| CHEVRON CORP NEW | COM | 166764100 |  | 1093705 | 6095 | SH |  | SOLE |  | 0 | 0 | 6095 |
| CHORD ENERGY CORPORATION | COM NEW | 674215207 |  | 232328 | 1590 | SH |  | SOLE |  | 0 | 0 | 1590 |
| CIGNA CORP NEW | COM | 125523100 |  | 776867 | 2520 | SH |  | SOLE |  | 0 | 0 | 2520 |
| CISCO SYS INC | COM | 17275R102 |  | 803126 | 16572 | SH |  | SOLE |  | 0 | 0 | 16572 |
| CITIGROUP INC | COM NEW | 172967424 |  | 390153 | 7523 | SH |  | SOLE |  | 0 | 0 | 7523 |
| COCA COLA CO | COM | 191216100 |  | 790864 | 13074 | SH |  | SOLE |  | 0 | 0 | 13074 |
| COGNIZANT TECHNOLOGY SOLUTIO | CL A | 192446102 |  | 753712 | 11470 | SH |  | SOLE |  | 0 | 0 | 11470 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 244623 | 3417 | SH |  | SOLE |  | 0 | 0 | 3417 |
| COMMERCE BANCSHARES INC | COM | 200525103 |  | 9105391 | 139184 | SH |  | SOLE |  | 0 | 0 | 139184 |
| CONDUENT INC | COM | 206787103 |  | 1186773 | 250374 | SH |  | SOLE |  | 0 | 0 | 250374 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 281319 | 2276 | SH |  | SOLE |  | 0 | 0 | 2276 |
| CONSTELLATION BRANDS INC | CL A | 21036P108 |  | 941232 | 4114 | SH |  | SOLE |  | 0 | 0 | 4114 |
| CRITEO S A | SPONS ADS | 226718104 |  | 1730623 | 57154 | SH |  | SOLE |  | 0 | 0 | 57154 |
| CROSSFIRST BANKSHARES INC | COM | 22766M109 |  | 195890 | 15150 | SH |  | SOLE |  | 0 | 0 | 15150 |
| CROWN HLDGS INC | COM | 228368106 |  | 464808 | 5255 | SH |  | SOLE |  | 0 | 0 | 5255 |
| CUMMINS INC | COM | 231021106 |  | 259481 | 1043 | SH |  | SOLE |  | 0 | 0 | 1043 |
| DAQO NEW ENERGY CORP | SPNSRD ADS NEW | 23703Q203 |  | 1343200 | 29411 | SH |  | SOLE |  | 0 | 0 | 29411 |
| DEERE  CO | COM | 244199105 |  | 204072 | 488 | SH |  | SOLE |  | 0 | 0 | 488 |
| DEUTSCHE BANK A G | NAMEN AKT | D18190898 |  | 556835 | 41462 | SH |  | SOLE |  | 0 | 0 | 41462 |
| DIMENSIONAL ETF TRUST | EMERGING MKTS CO | 25434V732 |  | 2610565 | 105520 | SH |  | SOLE |  | 0 | 0 | 105520 |
| DIMENSIONAL ETF TRUST | INTERNATNAL VAL | 25434V807 |  | 376796 | 11387 | SH |  | SOLE |  | 0 | 0 | 11387 |
| DIMENSIONAL ETF TRUST | INTL CORE EQUITY | 25434V799 |  | 2299583 | 94168 | SH |  | SOLE |  | 0 | 0 | 94168 |
| DIMENSIONAL ETF TRUST | INTL HIGH PROFIT | 25434V765 |  | 2518961 | 104348 | SH |  | SOLE |  | 0 | 0 | 104348 |
| DIMENSIONAL ETF TRUST | US CORE EQUITY 2 | 25434V708 |  | 1846277 | 71478 | SH |  | SOLE |  | 0 | 0 | 71478 |
| DIMENSIONAL ETF TRUST | US MKTWIDE VALUE | 25434V724 |  | 235285 | 6654 | SH |  | SOLE |  | 0 | 0 | 6654 |
| DIMENSIONAL ETF TRUST | US SMALL CAP ETF | 25434V500 |  | 1048462 | 18987 | SH |  | SOLE |  | 0 | 0 | 18987 |
| DIMENSIONAL ETF TRUST | WORLD EX US CORE | 25434V880 |  | 560495 | 23780 | SH |  | SOLE |  | 0 | 0 | 23780 |
| DISNEY WALT CO | COM | 254687106 |  | 716621 | 6542 | SH |  | SOLE |  | 0 | 0 | 6542 |
| DOMINION ENERGY INC | COM | 25746U109 |  | 871579 | 13964 | SH |  | SOLE |  | 0 | 0 | 13964 |
| DROPBOX INC | CL A | 26210C104 |  | 551162 | 23564 | SH |  | SOLE |  | 0 | 0 | 23564 |
| EATON VANCE TAX-MANAGED GLOB | COM | 27829F108 |  | 147506 | 18648 | SH |  | SOLE |  | 0 | 0 | 18648 |
| ELECTRONIC ARTS INC | COM | 285512109 |  | 696635 | 5406 | SH |  | SOLE |  | 0 | 0 | 5406 |
| ELEVANCE HEALTH INC | COM | 036752103 |  | 420325 | 853 | SH |  | SOLE |  | 0 | 0 | 853 |
| EMBRAER S.A. | SPONSORED ADS | 29082A107 |  | 1103812 | 86168 | SH |  | SOLE |  | 0 | 0 | 86168 |
| EMERSON ELEC CO | COM | 291011104 |  | 796689 | 8909 | SH |  | SOLE |  | 0 | 0 | 8909 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 540748 | 40475 | SH |  | SOLE |  | 0 | 0 | 40475 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 842682 | 31763 | SH |  | SOLE |  | 0 | 0 | 31763 |
| EVERGY INC | COM | 30034W106 |  | 397667 | 6441 | SH |  | SOLE |  | 0 | 0 | 6441 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 1660528 | 14363 | SH |  | SOLE |  | 0 | 0 | 14363 |
| FIRST CTZNS BANCSHARES INC N | CL A | 31946M103 |  | 209543 | 272 | SH |  | SOLE |  | 0 | 0 | 272 |
| FIRST MERCHANTS CORP | COM | 320817109 |  | 1012464 | 24834 | SH |  | SOLE |  | 0 | 0 | 24834 |
| FIRST TR EXCH TRD ALPHDX FD | DEV MRK EX US | 33737J174 |  | 626129 | 11924 | SH |  | SOLE |  | 0 | 0 | 11924 |
| FIRST TR EXCHANGE TRAD FD VI | FST TR GLB FD | 33739H101 |  | 2442675 | 99701 | SH |  | SOLE |  | 0 | 0 | 99701 |
| FIRST TR EXCHANGE-TRADED FD | CAP STRENGTH ETF | 33733E104 |  | 3037236 | 40480 | SH |  | SOLE |  | 0 | 0 | 40480 |
| FIRST TR EXCHANGE-TRADED FD | DORSEY WRT 5 ETF | 33738R605 |  | 1453614 | 29904 | SH |  | SOLE |  | 0 | 0 | 29904 |
| FIRST TR EXCHANGE-TRADED FD | NASD TECH DIV | 33738R118 |  | 305119 | 5904 | SH |  | SOLE |  | 0 | 0 | 5904 |
| FIRST TR EXCHANGE-TRADED FD | RISNG DIVD ACHIV | 33738R506 |  | 792792 | 16715 | SH |  | SOLE |  | 0 | 0 | 16715 |
| FIRST TR MORNINGSTAR DIVID L | SHS | 336917109 |  | 301769 | 7996 | SH |  | SOLE |  | 0 | 0 | 7996 |
| FIRST TR VALUE LINE DIVID IN | SHS | 33734H106 |  | 360385 | 8894 | SH |  | SOLE |  | 0 | 0 | 8894 |
| FORD MTR CO DEL | COM | 345370860 |  | 185292 | 13963 | SH |  | SOLE |  | 0 | 0 | 13963 |
| GABELLI DIVID  INCOME TR | COM | 36242H104 |  | 266510 | 12231 | SH |  | SOLE |  | 0 | 0 | 12231 |
| GARMIN LTD | SHS | H2906T109 |  | 211197 | 2140 | SH |  | SOLE |  | 0 | 0 | 2140 |
| GATOS SILVER INC | COM | 368036109 |  | 52400 | 10000 | SH |  | SOLE |  | 0 | 0 | 10000 |
| GENERAL MTRS CO | COM | 37045V100 |  | 2232377 | 58824 | SH |  | SOLE |  | 0 | 0 | 58824 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 271995 | 769 | SH |  | SOLE |  | 0 | 0 | 769 |
| HANESBRANDS INC | COM | 410345102 |  | 1434421 | 176653 | SH |  | SOLE |  | 0 | 0 | 176653 |
| HARMONIC INC | COM | 413160102 |  | 600738 | 40728 | SH |  | SOLE |  | 0 | 0 | 40728 |
| HESS CORP | COM | 42809H107 |  | 560005 | 3584 | SH |  | SOLE |  | 0 | 0 | 3584 |
| HEWLETT PACKARD ENTERPRISE C | COM | 42824C109 |  | 2314256 | 143386 | SH |  | SOLE |  | 0 | 0 | 143386 |
| HILTON WORLDWIDE HLDGS INC | COM | 43300A203 |  | 794255 | 5489 | SH |  | SOLE |  | 0 | 0 | 5489 |
| HOME DEPOT INC | COM | 437076102 |  | 268722 | 849 | SH |  | SOLE |  | 0 | 0 | 849 |
| HONEYWELL INTL INC | COM | 438516106 |  | 256624 | 1233 | SH |  | SOLE |  | 0 | 0 | 1233 |
| HOOKER FURNISHINGS CORPORATI | COM | 439038100 |  | 641713 | 31273 | SH |  | SOLE |  | 0 | 0 | 31273 |
| HUDBAY MINERALS INC | COM | 443628102 |  | 100250 | 17588 | SH |  | SOLE |  | 0 | 0 | 17588 |
| IMPINJ INC | COM | 453204109 |  | 1047425 | 8148 | SH |  | SOLE |  | 0 | 0 | 8148 |
| INGERSOLL RAND INC | COM | 45687V106 |  | 477364 | 8576 | SH |  | SOLE |  | 0 | 0 | 8576 |
| INTEL CORP | COM | 458140100 |  | 802890 | 24758 | SH |  | SOLE |  | 0 | 0 | 24758 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 804319 | 7458 | SH |  | SOLE |  | 0 | 0 | 7458 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 1554408 | 11566 | SH |  | SOLE |  | 0 | 0 | 11566 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 261939 | 884 | SH |  | SOLE |  | 0 | 0 | 884 |
| ISHARES TR | 1 3 YR TREAS BD | 464287457 |  | 1242943 | 15208 | SH |  | SOLE |  | 0 | 0 | 15208 |
| ISHARES TR | CORE DIV GRWTH | 46434V621 |  | 242589 | 4747 | SH |  | SOLE |  | 0 | 0 | 4747 |
| ISHARES TR | CORE S ETF | 464287200 |  | 619628 | 1520 | SH |  | SOLE |  | 0 | 0 | 1520 |
| ISHARES TR | MSCI EURO FL ETF | 464289180 |  | 4644644 | 234578 | SH |  | SOLE |  | 0 | 0 | 234578 |
| ISHARES TR | MSCI INDIA ETF | 46429B598 |  | 224634 | 5499 | SH |  | SOLE |  | 0 | 0 | 5499 |
| ISHARES TR | PFD AND INCM SEC | 464288687 |  | 556154 | 16656 | SH |  | SOLE |  | 0 | 0 | 16656 |
| ISHARES TR | RUS 1000 ETF | 464287622 |  | 436225 | 1947 | SH |  | SOLE |  | 0 | 0 | 1947 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 774155 | 3334 | SH |  | SOLE |  | 0 | 0 | 3334 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 |  | 529473 | 3334 | SH |  | SOLE |  | 0 | 0 | 3334 |
| ISHARES TR | RUS MID CAP ETF | 464287499 |  | 233861 | 3223 | SH |  | SOLE |  | 0 | 0 | 3223 |
| JAPAN SMALLER CAPITALIZATION | COM | 47109U104 |  | 102900 | 15000 | SH |  | SOLE |  | 0 | 0 | 15000 |
| JAZZ PHARMACEUTICALS PLC | SHS USD | G50871105 |  | 1056787 | 6799 | SH |  | SOLE |  | 0 | 0 | 6799 |
| JEFFERIES FINL GROUP INC | COM | 47233W109 |  | 7063899 | 180524 | SH |  | SOLE |  | 0 | 0 | 180524 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 549550 | 3267 | SH |  | SOLE |  | 0 | 0 | 3267 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 1046423 | 7457 | SH |  | SOLE |  | 0 | 0 | 7457 |
| KELLOGG CO | COM | 487836108 |  | 355739 | 5262 | SH |  | SOLE |  | 0 | 0 | 5262 |
| KKR  CO INC | COM | 48251W104 |  | 3021238 | 54437 | SH |  | SOLE |  | 0 | 0 | 54437 |
| KRAFT HEINZ CO | COM | 500754106 |  | 765461 | 19286 | SH |  | SOLE |  | 0 | 0 | 19286 |
| KROGER CO | COM | 501044101 |  | 673716 | 14955 | SH |  | SOLE |  | 0 | 0 | 14955 |
| KYNDRYL HLDGS INC | COMMON STOCK | 50155Q100 |  | 1853412 | 141590 | SH |  | SOLE |  | 0 | 0 | 141590 |
| LABORATORY CORP AMER HLDGS | COM NEW | 50540R409 |  | 242348 | 953 | SH |  | SOLE |  | 0 | 0 | 953 |
| LAS VEGAS SANDS CORP | COM | 517834107 |  | 1048481 | 17795 | SH |  | SOLE |  | 0 | 0 | 17795 |
| LEAR CORP | COM NEW | 521865204 |  | 329948 | 2348 | SH |  | SOLE |  | 0 | 0 | 2348 |
| LILLY ELI  CO | COM | 532457108 |  | 855210 | 2504 | SH |  | SOLE |  | 0 | 0 | 2504 |
| LOWES COS INC | COM | 548661107 |  | 656098 | 3240 | SH |  | SOLE |  | 0 | 0 | 3240 |
| MACYS INC | COM | 55616P104 |  | 2580937 | 111826 | SH |  | SOLE |  | 0 | 0 | 111826 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 593203 | 13406 | SH |  | SOLE |  | 0 | 0 | 13406 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 779479 | 2084 | SH |  | SOLE |  | 0 | 0 | 2084 |
| MCDONALDS CORP | COM | 580135101 |  | 556129 | 2041 | SH |  | SOLE |  | 0 | 0 | 2041 |
| MERCK  CO INC | COM | 58933Y105 |  | 272513 | 2586 | SH |  | SOLE |  | 0 | 0 | 2586 |
| MICROCHIP TECHNOLOGY INC. | COM | 595017104 |  | 810719 | 10437 | SH |  | SOLE |  | 0 | 0 | 10437 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 1294813 | 20273 | SH |  | SOLE |  | 0 | 0 | 20273 |
| MICROSOFT CORP | COM | 594918104 |  | 3370537 | 13582 | SH |  | SOLE |  | 0 | 0 | 13582 |
| MONDELEZ INTL INC | CL A | 609207105 |  | 508113 | 7863 | SH |  | SOLE |  | 0 | 0 | 7863 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 1156042 | 11935 | SH |  | SOLE |  | 0 | 0 | 11935 |
| MOTOROLA SOLUTIONS INC | COM NEW | 620076307 |  | 558926 | 2197 | SH |  | SOLE |  | 0 | 0 | 2197 |
| NAUTILUS INC | COM | 63910B102 |  | 116039 | 64466 | SH |  | SOLE |  | 0 | 0 | 64466 |
| NAVIENT CORPORATION | COM | 63938C108 |  | 254985 | 13724 | SH |  | SOLE |  | 0 | 0 | 13724 |
| NETFLIX INC | COM | 64110L106 |  | 1042986 | 2891 | SH |  | SOLE |  | 0 | 0 | 2891 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 210868 | 2790 | SH |  | SOLE |  | 0 | 0 | 2790 |
| NOKIA CORP | SPONSORED ADR | 654902204 |  | 1345134 | 284384 | SH |  | SOLE |  | 0 | 0 | 284384 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 279221 | 638 | SH |  | SOLE |  | 0 | 0 | 638 |
| NUVEEN MUN HIGH INCOME OPPOR | COM | 670682103 |  | 218054 | 19950 | SH |  | SOLE |  | 0 | 0 | 19950 |
| NUVEEN PFD  INCOME SECS FD | COM | 67072C105 |  | 214213 | 22448 | SH |  | SOLE |  | 0 | 0 | 22448 |
| ORACLE CORP | COM | 68389X105 |  | 649187 | 7295 | SH |  | SOLE |  | 0 | 0 | 7295 |
| ORANGE | SPONSORED ADR | 684060106 |  | 1328646 | 127754 | SH |  | SOLE |  | 0 | 0 | 127754 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 |  | 830550 | 1077 | SH |  | SOLE |  | 0 | 0 | 1077 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 690809 | 8442 | SH |  | SOLE |  | 0 | 0 | 8442 |
| PEPSICO INC | COM | 713448108 |  | 686047 | 4045 | SH |  | SOLE |  | 0 | 0 | 4045 |
| PFIZER INC | COM | 717081103 |  | 491667 | 11228 | SH |  | SOLE |  | 0 | 0 | 11228 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 1171370 | 11289 | SH |  | SOLE |  | 0 | 0 | 11289 |
| PIMCO ETF TR | ACTIVE BD ETF | 72201R775 |  | 722015 | 7703 | SH |  | SOLE |  | 0 | 0 | 7703 |
| PLAINS ALL AMERN PIPELINE L | UNIT LTD PARTN | 726503105 |  | 136598 | 10540 | SH |  | SOLE |  | 0 | 0 | 10540 |
| PNC FINL SVCS GROUP INC | COM | 693475105 |  | 665701 | 4080 | SH |  | SOLE |  | 0 | 0 | 4080 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 334881 | 2382 | SH |  | SOLE |  | 0 | 0 | 2382 |
| PROGRESSIVE CORP | COM | 743315103 |  | 937729 | 6947 | SH |  | SOLE |  | 0 | 0 | 6947 |
| PROSHARES TR | LARGE CAP CRE | 74347R248 |  | 4729626 | 97852 | SH |  | SOLE |  | 0 | 0 | 97852 |
| QCR HOLDINGS INC | COM | 74727A104 |  | 344962 | 6854 | SH |  | SOLE |  | 0 | 0 | 6854 |
| QUALCOMM INC | COM | 747525103 |  | 290812 | 2180 | SH |  | SOLE |  | 0 | 0 | 2180 |
| RAYTHEON TECHNOLOGIES CORP | COM | 75513E101 |  | 743824 | 7468 | SH |  | SOLE |  | 0 | 0 | 7468 |
| REDWOOD TRUST INC | NOTE 4.750% 8/1 | 758075AC9 |  | 194535 | 198000 | PRN |  | SOLE |  | 0 | 0 | 198000 |
| RESTAURANT BRANDS INTL INC | COM | 76131D103 |  | 431726 | 6445 | SH |  | SOLE |  | 0 | 0 | 6445 |
| ROYCE VALUE TR INC | COM | 780910105 |  | 3210147 | 223392 | SH |  | SOLE |  | 0 | 0 | 223392 |
| SABRA HEALTH CARE REIT INC | COM | 78573L106 |  | 699442 | 51965 | SH |  | SOLE |  | 0 | 0 | 51965 |
| SANOFI | SPONSORED ADR | 80105N105 |  | 1323526 | 27295 | SH |  | SOLE |  | 0 | 0 | 27295 |
| SCHWAB STRATEGIC TR | EMRG MKTEQ ETF | 808524706 |  | 421771 | 16092 | SH |  | SOLE |  | 0 | 0 | 16092 |
| SCHWAB STRATEGIC TR | INTL EQTY ETF | 808524805 |  | 320771 | 9118 | SH |  | SOLE |  | 0 | 0 | 9118 |
| SCHWAB STRATEGIC TR | SCHWAB FDT US SC | 808524763 |  | 1242743 | 24291 | SH |  | SOLE |  | 0 | 0 | 24291 |
| SCHWAB STRATEGIC TR | SCHWB FDT EMK LG | 808524730 |  | 293459 | 10781 | SH |  | SOLE |  | 0 | 0 | 10781 |
| SCHWAB STRATEGIC TR | SCHWB FDT INT LG | 808524755 |  | 2795171 | 88037 | SH |  | SOLE |  | 0 | 0 | 88037 |
| SCHWAB STRATEGIC TR | SCHWB FDT INT SC | 808524748 |  | 1685027 | 49956 | SH |  | SOLE |  | 0 | 0 | 49956 |
| SCHWAB STRATEGIC TR | US LCAP GR ETF | 808524300 |  | 211683 | 3460 | SH |  | SOLE |  | 0 | 0 | 3460 |
| SCHWAB STRATEGIC TR | US LCAP VA ETF | 808524409 |  | 327910 | 4794 | SH |  | SOLE |  | 0 | 0 | 4794 |
| SCHWAB STRATEGIC TR | US MID-CAP ETF | 808524508 |  | 1584462 | 22238 | SH |  | SOLE |  | 0 | 0 | 22238 |
| SCHWAB STRATEGIC TR | US REIT ETF | 808524847 |  | 254463 | 12100 | SH |  | SOLE |  | 0 | 0 | 12100 |
| SCHWAB STRATEGIC TR | US SML CAP ETF | 808524607 |  | 413226 | 9330 | SH |  | SOLE |  | 0 | 0 | 9330 |
| SERITAGE GROWTH PPTYS | CL A | 81752R100 |  | 501926 | 41897 | SH |  | SOLE |  | 0 | 0 | 41897 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 506322 | 2221 | SH |  | SOLE |  | 0 | 0 | 2221 |
| SOUTHERN CO | COM | 842587107 |  | 535095 | 7877 | SH |  | SOLE |  | 0 | 0 | 7877 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 2742950 | 6761 | SH |  | SOLE |  | 0 | 0 | 6761 |
| SPDR SER TR | S BIOTECH | 78464A870 |  | 322162 | 3604 | SH |  | SOLE |  | 0 | 0 | 3604 |
| SSGA ACTIVE ETF TR | SPDR TR TACTIC | 78467V848 |  | 1152103 | 27970 | SH |  | SOLE |  | 0 | 0 | 27970 |
| STARBUCKS CORP | COM | 855244109 |  | 416347 | 3819 | SH |  | SOLE |  | 0 | 0 | 3819 |
| SUZANO S A | SPON ADS | 86959K105 |  | 1565668 | 176314 | SH |  | SOLE |  | 0 | 0 | 176314 |
| TELEFONICA BRASIL SA | NEW ADR | 87936R205 |  | 1296766 | 164983 | SH |  | SOLE |  | 0 | 0 | 164983 |
| TEMPLETON EMERGING MKTS INCO | COM | 880192109 |  | 2555416 | 439831 | SH |  | SOLE |  | 0 | 0 | 439831 |
| TEREX CORP NEW | COM | 880779103 |  | 933950 | 18564 | SH |  | SOLE |  | 0 | 0 | 18564 |
| TESLA INC | COM | 88160R101 |  | 700214 | 3936 | SH |  | SOLE |  | 0 | 0 | 3936 |
| TORTOISE PWR  ENERGY INFRAS | COM | 89147X104 |  | 155836 | 11350 | SH |  | SOLE |  | 0 | 0 | 11350 |
| TRACTOR SUPPLY CO | COM | 892356106 |  | 716925 | 3177 | SH |  | SOLE |  | 0 | 0 | 3177 |
| TRI POINTE HOMES INC | COM | 87265H109 |  | 1452847 | 67355 | SH |  | SOLE |  | 0 | 0 | 67355 |
| UNION PAC CORP | COM | 907818108 |  | 2385590 | 11787 | SH |  | SOLE |  | 0 | 0 | 11787 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 7602738 | 41753 | SH |  | SOLE |  | 0 | 0 | 41753 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 740439 | 1529 | SH |  | SOLE |  | 0 | 0 | 1529 |
| UNUM GROUP | COM | 91529Y106 |  | 1000299 | 24069 | SH |  | SOLE |  | 0 | 0 | 24069 |
| V F CORP | COM | 918204108 |  | 602408 | 19804 | SH |  | SOLE |  | 0 | 0 | 19804 |
| VANGUARD BD INDEX FDS | SHORT TRM BOND | 921937827 |  | 268983 | 3533 | SH |  | SOLE |  | 0 | 0 | 3533 |
| VANGUARD CHARLOTTE FDS | TOTAL INT BD ETF | 92203J407 |  | 310166 | 6381 | SH |  | SOLE |  | 0 | 0 | 6381 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 1107856 | 4699 | SH |  | SOLE |  | 0 | 0 | 4699 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 4742652 | 12719 | SH |  | SOLE |  | 0 | 0 | 12719 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 333291 | 1667 | SH |  | SOLE |  | 0 | 0 | 1667 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 278420 | 1365 | SH |  | SOLE |  | 0 | 0 | 1365 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 1232264 | 8584 | SH |  | SOLE |  | 0 | 0 | 8584 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 1739146 | 40549 | SH |  | SOLE |  | 0 | 0 | 40549 |
| VANGUARD SCOTTSDALE FDS | INTER TERM TREAS | 92206C706 |  | 5721276 | 95722 | SH |  | SOLE |  | 0 | 0 | 95722 |
| VANGUARD SCOTTSDALE FDS | INT-TERM CORP | 92206C870 |  | 3016775 | 37480 | SH |  | SOLE |  | 0 | 0 | 37480 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 1217018 | 26538 | SH |  | SOLE |  | 0 | 0 | 26538 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 |  | 292079 | 2649 | SH |  | SOLE |  | 0 | 0 | 2649 |
| VERADIGM INC | COM | 01988P108 |  | 719674 | 40545 | SH |  | SOLE |  | 0 | 0 | 40545 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 377291 | 9284 | SH |  | SOLE |  | 0 | 0 | 9284 |
| VIATRIS INC | COM | 92556V106 |  | 1541625 | 137617 | SH |  | SOLE |  | 0 | 0 | 137617 |
| VISA INC | COM CL A | 92826C839 |  | 874843 | 3780 | SH |  | SOLE |  | 0 | 0 | 3780 |
| VODAFONE GROUP PLC NEW | SPONSORED ADR | 92857W308 |  | 956951 | 82425 | SH |  | SOLE |  | 0 | 0 | 82425 |
| WALMART INC | COM | 931142103 |  | 908428 | 6339 | SH |  | SOLE |  | 0 | 0 | 6339 |
| WISDOMTREE TR | EMG MKTS SMCAP | 97717W281 |  | 1011753 | 21354 | SH |  | SOLE |  | 0 | 0 | 21354 |
| WISDOMTREE TR | INTL SMCAP DIV | 97717W760 |  | 2138819 | 34025 | SH |  | SOLE |  | 0 | 0 | 34025 |
| WISDOMTREE TR | US QTLY DIV GRT | 97717X669 |  | 227030 | 3660 | SH |  | SOLE |  | 0 | 0 | 3660 |
| WISDOMTREE TR | US SMALLCAP DIVD | 97717W604 |  | 1234118 | 40278 | SH |  | SOLE |  | 0 | 0 | 40278 |
| XPERI INC | COMMON STOCK | 98423J101 |  | 856235 | 86314 | SH |  | SOLE |  | 0 | 0 | 86314 |
| ZIMMER BIOMET HOLDINGS INC | COM | 98956P102 |  | 1012989 | 8061 | SH |  | SOLE |  | 0 | 0 | 8061 |

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