# EDGAR Filing Document

**Accession Number:** 0001009254
**File Stem:** 0001009254-26-000002
**Filing Date:** 2026-2
**Character Count:** 36709
**Document Hash:** a968d0d84105ffa3b2e15ab0591ac941
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001009254-26-000002.hdr.sgml**: 20260211

**ACCESSION NUMBER**: 0001009254-26-000002

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260211

**DATE AS OF CHANGE**: 20260211

**EFFECTIVENESS DATE**: 20260211

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** EVERETT HARRIS & CO /CA/
- **CENTRAL INDEX KEY:** 0001009254

**ORGANIZATION NAME:**
- **EIN:** 950812696
- **STATE OF INCORPORATION:** CA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-03919
- **FILM NUMBER:** 26619522

**BUSINESS ADDRESS:**
- **STREET 1:** 801 SOUTH FIGUEROA, SUITE 2050
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90017
- **BUSINESS PHONE:** 2136252677

**MAIL ADDRESS:**
- **STREET 1:** 801 SOUTH FIGUEROA, SUITE 2050
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90017

### 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:** EVERETT HARRIS  CO /CA/<br>**Address:** 801 SOUTH FIGUEROA SUITE 2050<br>LOS ANGELES, CA 90017

**Form 13F File Number:** 028-03919

**CRD Number (if applicable):** 000106830

**SEC File Number (if applicable):** 801-853

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:** David Adair Clark<br>**Title:** PRESIDENT  CHIEF COMPLIANCE OFFICER<br>**Phone:** 213-625-2677

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

David Adair Clark  Los Angeles, CA  02-11-2026<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:** 334

**Form 13F Information Table Value Total:** $8265873448

      (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 |
| Citigroup Inc Var (Call 08/15/ | COM | 172967KM2 |  | 3112338 | 3100000 | PRN |  | SOLE |  | 0 | 0 | 3100000 |
| Bank of America Corp. | CONV PFD | 060505682 |  | 18642280 | 14890 | SH |  | SOLE |  | 0 | 0 | 14890 |
| Phoenix Companies Inc | PFD | 71902E208 |  | 822150 | 45000 | SH |  | SOLE |  | 0 | 0 | 45000 |
| 3M Company | COM | 88579y101 |  | 1116057 | 6971 | SH |  | SOLE |  | 0 | 0 | 6971 |
| ASML Holding NV | COM | N07059210 |  | 223601 | 209 | SH |  | SOLE |  | 0 | 0 | 209 |
| AT | COM | 00206r102 |  | 985821 | 39687 | SH |  | SOLE |  | 0 | 0 | 39687 |
| AbbVie Inc. | COM | 00287Y109 |  | 118121561 | 516966 | SH |  | SOLE |  | 0 | 0 | 516966 |
| Abbott Laboratories | COM | 002824100 |  | 182720528 | 1458381 | SH |  | SOLE |  | 0 | 0 | 1458381 |
| Accenture Ltd. - Cl A | COM | g1151c101 |  | 98283924 | 366321 | SH |  | SOLE |  | 0 | 0 | 366321 |
| Adobe Systems Inc. | COM | 00724f101 |  | 205444 | 587 | SH |  | SOLE |  | 0 | 0 | 587 |
| Advanced Micro Devices Inc. | COM | 007903107 |  | 600290 | 2803 | SH |  | SOLE |  | 0 | 0 | 2803 |
| Agilent Technologies Inc. | COM | 00846U101 |  | 206826 | 1520 | SH |  | SOLE |  | 0 | 0 | 1520 |
| Agnico Eagle Mines | COM | 008474108 |  | 305154 | 1800 | SH |  | SOLE |  | 0 | 0 | 1800 |
| Air Products  Chemicals Inc | COM | 009158106 |  | 814672 | 3298 | SH |  | SOLE |  | 0 | 0 | 3298 |
| Alerian MLP Index ETN | COM | 48133Q309 |  | 3017620 | 100890 | SH |  | SOLE |  | 0 | 0 | 100890 |
| Alexander  Baldwin Inc | COM | 014491104 |  | 4923362 | 238535 | SH |  | SOLE |  | 0 | 0 | 238535 |
| Alliant Energy Corp | COM | 018802108 |  | 1057843 | 16272 | SH |  | SOLE |  | 0 | 0 | 16272 |
| Allison Transmission Holdings | COM | 01973r101 |  | 6317683 | 64532 | SH |  | SOLE |  | 0 | 0 | 64532 |
| Allstate Corp. | COM | 020002101 |  | 327628 | 1574 | SH |  | SOLE |  | 0 | 0 | 1574 |
| Alphabet Class A | COM | 02079K305 |  | 176379569 | 563513 | SH |  | SOLE |  | 0 | 0 | 563513 |
| Alphabet Class C | COM | 02079K107 |  | 621624473 | 1980958 | SH |  | SOLE |  | 0 | 0 | 1980958 |
| Altria Group Inc. | COM | 02209s103 |  | 1252721 | 21726 | SH |  | SOLE |  | 0 | 0 | 21726 |
| Amazon.com | COM | 023135106 |  | 237020207 | 1026862 | SH |  | SOLE |  | 0 | 0 | 1026862 |
| American Electric Power | COM | 025537101 |  | 273169 | 2369 | SH |  | SOLE |  | 0 | 0 | 2369 |
| American Express Co. | COM | 025816109 |  | 2534157 | 6850 | SH |  | SOLE |  | 0 | 0 | 6850 |
| American Water Works | COM | 030420103 |  | 40058410 | 306961 | SH |  | SOLE |  | 0 | 0 | 306961 |
| Ameriprise Financial Inc | COM | 03076c106 |  | 485927 | 991 | SH |  | SOLE |  | 0 | 0 | 991 |
| Amgen Inc. | COM | 031162100 |  | 7704550 | 23539 | SH |  | SOLE |  | 0 | 0 | 23539 |
| Analog Devices Inc. | COM | 032654105 |  | 229164 | 845 | SH |  | SOLE |  | 0 | 0 | 845 |
| Anheuser-Busch InBev NV - Spon | COM | 03524A108 |  | 15741993 | 245815 | SH |  | SOLE |  | 0 | 0 | 245815 |
| Apple Inc. | COM | 037833100 |  | 1125500969 | 4140002 | SH |  | SOLE |  | 0 | 0 | 4140002 |
| Applied Materials | COM | 038222105 |  | 696186 | 2709 | SH |  | SOLE |  | 0 | 0 | 2709 |
| Applovin Corp | COM | 03831w108 |  | 215622 | 320 | SH |  | SOLE |  | 0 | 0 | 320 |
| Arrowhead Pharma Inc | COM | 042797209 |  | 6970485 | 104993 | SH |  | SOLE |  | 0 | 0 | 104993 |
| Arthur J Gallagher  Co. | COM | 363576109 |  | 1302231 | 5032 | SH |  | SOLE |  | 0 | 0 | 5032 |
| Atlanta Braves Holdings Inc C | COM | 047726302 |  | 1593735 | 40399 | SH |  | SOLE |  | 0 | 0 | 40399 |
| Atmos Energy Corp | COM | 049560105 |  | 406000 | 2422 | SH |  | SOLE |  | 0 | 0 | 2422 |
| Automatic Data Processing Inc. | COM | 053015103 |  | 2009995 | 7814 | SH |  | SOLE |  | 0 | 0 | 7814 |
| Bank of America Corp. | COM | 060505104 |  | 154009780 | 2800178 | SH |  | SOLE |  | 0 | 0 | 2800178 |
| Bank of Hawaii Corporation | COM | 062540109 |  | 2032162 | 29723 | SH |  | SOLE |  | 0 | 0 | 29723 |
| Bath  Body Works Inc. | COM | 070830104 |  | 1377192 | 68585 | SH |  | SOLE |  | 0 | 0 | 68585 |
| Baxter International Inc. | COM | 071813109 |  | 3189384 | 166896 | SH |  | SOLE |  | 0 | 0 | 166896 |
| Becton Dickinson  Co | COM | 075887109 |  | 106911904 | 550894 | SH |  | SOLE |  | 0 | 0 | 550894 |
| Berkshire Hathaway  Class A | COM | 084670108 |  | 1068796800 | 1416 | SH |  | SOLE |  | 0 | 0 | 1416 |
| Berkshire Hathaway  Class B | COM | 084670702 |  | 330648758 | 657811 | SH |  | SOLE |  | 0 | 0 | 657811 |
| BlackRock Inc. | COM | 09290D101 |  | 4654909 | 4349 | SH |  | SOLE |  | 0 | 0 | 4349 |
| Bloom Energy Corp | COM | 093712107 |  | 213749 | 2460 | SH |  | SOLE |  | 0 | 0 | 2460 |
| Boeing Company | COM | 097023105 |  | 1139012 | 5246 | SH |  | SOLE |  | 0 | 0 | 5246 |
| Bristol Myers Squibb Co. | COM | 110122108 |  | 583253 | 10813 | SH |  | SOLE |  | 0 | 0 | 10813 |
| Broadcom Ltd | COM | 11135F101 |  | 1258420 | 3636 | SH |  | SOLE |  | 0 | 0 | 3636 |
| Brookfield Renewable Corp | COM | 11285b108 |  | 613440 | 16000 | SH |  | SOLE |  | 0 | 0 | 16000 |
| Brookfield Renewable Energy | COM | G16258108 |  | 809100 | 30000 | SH |  | SOLE |  | 0 | 0 | 30000 |
| CSW Industrials Inc | COM | 126402106 |  | 5025234 | 17120 | SH |  | SOLE |  | 0 | 0 | 17120 |
| CSX Corp | COM | 126408103 |  | 479660 | 13232 | SH |  | SOLE |  | 0 | 0 | 13232 |
| CVS Corp. | COM | 126650100 |  | 689956 | 8694 | SH |  | SOLE |  | 0 | 0 | 8694 |
| Canadian National Railroad Co. | COM | 136375102 |  | 203928 | 2063 | SH |  | SOLE |  | 0 | 0 | 2063 |
| Canadian Pacific Kansas City L | COM | 13646K108 |  | 5700655 | 77423 | SH |  | SOLE |  | 0 | 0 | 77423 |
| Capital One Financial Corp | COM | 14040h105 |  | 202613 | 836 | SH |  | SOLE |  | 0 | 0 | 836 |
| Cardinal Health Inc. | COM | 14149y108 |  | 2516553 | 12246 | SH |  | SOLE |  | 0 | 0 | 12246 |
| Carrier Global Corp | COM | 14448C104 |  | 694952 | 13152 | SH |  | SOLE |  | 0 | 0 | 13152 |
| Caterpillar | COM | 149123101 |  | 2275440 | 3972 | SH |  | SOLE |  | 0 | 0 | 3972 |
| Centerpoint Energy Inc | COM | 15189t107 |  | 318644 | 8311 | SH |  | SOLE |  | 0 | 0 | 8311 |
| Charles Schwab Corp. | COM | 808513105 |  | 21158940 | 211780 | SH |  | SOLE |  | 0 | 0 | 211780 |
| Check Point Software Technolog | COM | M22465104 |  | 398954 | 2150 | SH |  | SOLE |  | 0 | 0 | 2150 |
| Chevron Corporation | COM | 166764100 |  | 83600238 | 548522 | SH |  | SOLE |  | 0 | 0 | 548522 |
| Chicago Atlantic Real Estate | COM | 167239102 |  | 226810 | 18500 | SH |  | SOLE |  | 0 | 0 | 18500 |
| China Mobile Ltd. F (941 HK) | COM | Y14965100 |  | 1354230 | 129000 | SH |  | SOLE |  | 0 | 0 | 129000 |
| Chubb Ltd | COM | H1467J104 |  | 752833 | 2412 | SH |  | SOLE |  | 0 | 0 | 2412 |
| Church  Dwight Co. | COM | 171340102 |  | 285761 | 3408 | SH |  | SOLE |  | 0 | 0 | 3408 |
| Cisco Systems Inc. | COM | 17275R102 |  | 2594139 | 33677 | SH |  | SOLE |  | 0 | 0 | 33677 |
| CitiGroup Inc. | COM | 172967424 |  | 3263703 | 27969 | SH |  | SOLE |  | 0 | 0 | 27969 |
| Clean Energy Fuels Corp | COM | 184499101 |  | 25200 | 12000 | SH |  | SOLE |  | 0 | 0 | 12000 |
| Coca Cola Company | COM | 191216100 |  | 7260962 | 103862 | SH |  | SOLE |  | 0 | 0 | 103862 |
| Coeur D'Alene Mines Corp. | COM | 192108108 |  | 914679 | 51300 | SH |  | SOLE |  | 0 | 0 | 51300 |
| Cogeco Inc | COM | 19238T100 |  | 5497540 | 118507 | SH |  | SOLE |  | 0 | 0 | 118507 |
| Colgate-Palmolive Co. | COM | 194162103 |  | 61725731 | 781141 | SH |  | SOLE |  | 0 | 0 | 781141 |
| Comcast Corp CL A | COM | 20030N101 |  | 44115193 | 1475918 | SH |  | SOLE |  | 0 | 0 | 1475918 |
| Computer Modelling Group Ltd | COM | 205249105 |  | 428230 | 112485 | SH |  | SOLE |  | 0 | 0 | 112485 |
| ConocoPhillips | COM | 20825c104 |  | 731656 | 7816 | SH |  | SOLE |  | 0 | 0 | 7816 |
| Consumer Discretionary Select | COM | 81369y407 |  | 400262 | 3352 | SH |  | SOLE |  | 0 | 0 | 3352 |
| Corning Inc. | COM | 219350105 |  | 849332 | 9700 | SH |  | SOLE |  | 0 | 0 | 9700 |
| Costco Companies Inc. | COM | 22160k105 |  | 676193898 | 784138 | SH |  | SOLE |  | 0 | 0 | 784138 |
| Cummins Inc. | COM | 231021106 |  | 619176 | 1213 | SH |  | SOLE |  | 0 | 0 | 1213 |
| Daily Journal Corp. | COM | 233912104 |  | 1139841 | 2339 | SH |  | SOLE |  | 0 | 0 | 2339 |
| Danaher Corp | COM | 235851102 |  | 2355358 | 10289 | SH |  | SOLE |  | 0 | 0 | 10289 |
| Deere  Co. | COM | 244199105 |  | 1284042 | 2758 | SH |  | SOLE |  | 0 | 0 | 2758 |
| Dominion Energy Inc | COM | 25746u109 |  | 8081581 | 137934 | SH |  | SOLE |  | 0 | 0 | 137934 |
| Dorchester Minerals LP | COM | 25820R105 |  | 1730418 | 77389 | SH |  | SOLE |  | 0 | 0 | 77389 |
| ETF IShares MSCI Global Select | COM | 46434G848 |  | 205360 | 4000 | SH |  | SOLE |  | 0 | 0 | 4000 |
| Eaton Corp. | COM | g29183103 |  | 661864 | 2078 | SH |  | SOLE |  | 0 | 0 | 2078 |
| Ecolab Inc. | COM | 278865100 |  | 19415192 | 73957 | SH |  | SOLE |  | 0 | 0 | 73957 |
| Edwards Lifesciences Corp. | COM | 28176e108 |  | 7217094 | 84658 | SH |  | SOLE |  | 0 | 0 | 84658 |
| Elevance Health Inc | COM | 036752103 |  | 319351 | 911 | SH |  | SOLE |  | 0 | 0 | 911 |
| Eli Lilly  Co | COM | 532457108 |  | 9606565 | 8939 | SH |  | SOLE |  | 0 | 0 | 8939 |
| Emerson Electric | COM | 291011104 |  | 4810038 | 36242 | SH |  | SOLE |  | 0 | 0 | 36242 |
| Enbridge Inc. | COM | 29250n105 |  | 1846286 | 38601 | SH |  | SOLE |  | 0 | 0 | 38601 |
| Energy Select SPDR | COM | 81369y506 |  | 345519 | 7728 | SH |  | SOLE |  | 0 | 0 | 7728 |
| Enterprise Products Partners | COM | 293792107 |  | 2606845 | 81311 | SH |  | SOLE |  | 0 | 0 | 81311 |
| Equifax Inc. | COM | 294429105 |  | 224140 | 1033 | SH |  | SOLE |  | 0 | 0 | 1033 |
| Essential Utilities Inc | COM | 29670G102 |  | 613760 | 16000 | SH |  | SOLE |  | 0 | 0 | 16000 |
| EssilorLuxottica | COM | 297284200 |  | 224006 | 1414 | SH |  | SOLE |  | 0 | 0 | 1414 |
| Expeditors International of Wa | COM | 302130109 |  | 30327707 | 203528 | SH |  | SOLE |  | 0 | 0 | 203528 |
| Exxon Mobil | COM | 30231g102 |  | 16810038 | 139688 | SH |  | SOLE |  | 0 | 0 | 139688 |
| FactSet Research Systems Inc. | COM | 303075105 |  | 42188983 | 145384 | SH |  | SOLE |  | 0 | 0 | 145384 |
| Federal Agricultural Mortgage | COM | 313148306 |  | 837820 | 4772 | SH |  | SOLE |  | 0 | 0 | 4772 |
| Fedex Corporation | COM | 31428x106 |  | 1223033 | 4234 | SH |  | SOLE |  | 0 | 0 | 4234 |
| Fidelity MSCI Information Tech | COM | 316092808 |  | 460573 | 2050 | SH |  | SOLE |  | 0 | 0 | 2050 |
| Fidelity National Financial I | COM | 31620R303 |  | 289054 | 5295 | SH |  | SOLE |  | 0 | 0 | 5295 |
| First National Bank of Alaska | COM | 32112j106 |  | 536852 | 1791 | SH |  | SOLE |  | 0 | 0 | 1791 |
| First Solar Inc. | COM | 336433107 |  | 444091 | 1700 | SH |  | SOLE |  | 0 | 0 | 1700 |
| Ford Motor Company | COM | 345370860 |  | 136776 | 10425 | SH |  | SOLE |  | 0 | 0 | 10425 |
| GE Aerospace | COM | 369604301 |  | 2579135 | 8373 | SH |  | SOLE |  | 0 | 0 | 8373 |
| GE Vernova | COM | 36828A101 |  | 1284592 | 1965 | SH |  | SOLE |  | 0 | 0 | 1965 |
| GSK Plc ADR | COM | 37733W204 |  | 326263 | 6653 | SH |  | SOLE |  | 0 | 0 | 6653 |
| General Dynamics Corp | COM | 369550108 |  | 437658 | 1300 | SH |  | SOLE |  | 0 | 0 | 1300 |
| General Mills Inc. | COM | 370334104 |  | 327871 | 7051 | SH |  | SOLE |  | 0 | 0 | 7051 |
| Gilead Sciences | COM | 375558103 |  | 233451 | 1902 | SH |  | SOLE |  | 0 | 0 | 1902 |
| Goldman Sachs | COM | 38141g104 |  | 441258 | 502 | SH |  | SOLE |  | 0 | 0 | 502 |
| H  R Block Inc. | COM | 093671105 |  | 217900 | 5000 | SH |  | SOLE |  | 0 | 0 | 5000 |
| H.E.R.C. Products Inc | COM | 404165102 |  | 0 | 15000 | SH |  | SOLE |  | 0 | 0 | 15000 |
| Hannon Armstrong Sustainable I | COM | 41068X100 |  | 773178 | 24600 | SH |  | SOLE |  | 0 | 0 | 24600 |
| Health Care Select SPDR | COM | 81369y209 |  | 851710 | 5502 | SH |  | SOLE |  | 0 | 0 | 5502 |
| Henry Schein Inc | COM | 806407102 |  | 12713916 | 168218 | SH |  | SOLE |  | 0 | 0 | 168218 |
| Hershey Creamery Co. | COM | 427848106 |  | 362520 | 90 | SH |  | SOLE |  | 0 | 0 | 90 |
| Home Depot | COM | 437076102 |  | 36007508 | 104643 | SH |  | SOLE |  | 0 | 0 | 104643 |
| Honeywell Inc. | COM | 438516106 |  | 1220093 | 6254 | SH |  | SOLE |  | 0 | 0 | 6254 |
| Host Hotels  Resorts | COM | 44107p104 |  | 1540879 | 86908 | SH |  | SOLE |  | 0 | 0 | 86908 |
| Hubbell Inc. Class B | COM | 443510607 |  | 488521 | 1100 | SH |  | SOLE |  | 0 | 0 | 1100 |
| Illinois Tool Works Inc. | COM | 452308109 |  | 634222 | 2575 | SH |  | SOLE |  | 0 | 0 | 2575 |
| Int'l. Flavors  Fragrance | COM | 459506101 |  | 2329672 | 34570 | SH |  | SOLE |  | 0 | 0 | 34570 |
| Intel Corp. | COM | 458140100 |  | 1869538 | 50665 | SH |  | SOLE |  | 0 | 0 | 50665 |
| International Business Machine | COM | 459200101 |  | 2045922 | 6907 | SH |  | SOLE |  | 0 | 0 | 6907 |
| Intuitive Surgical Inc. | COM | 46120e602 |  | 2878808 | 5083 | SH |  | SOLE |  | 0 | 0 | 5083 |
| Invesco PowerShares QQQ Trust | COM | 46090E103 |  | 13238405 | 21550 | SH |  | SOLE |  | 0 | 0 | 21550 |
| Invesco S 500 Equal Weight E | COM | 46137V357 |  | 1033275 | 5394 | SH |  | SOLE |  | 0 | 0 | 5394 |
| J.G. Boswell Company | COM | 101205102 |  | 603590 | 1316 | SH |  | SOLE |  | 0 | 0 | 1316 |
| J.P. Morgan Chase  Co. | COM | 46625h100 |  | 8640329 | 26815 | SH |  | SOLE |  | 0 | 0 | 26815 |
| Jacobs Solutions Inc | COM | 46982l108 |  | 18949595 | 143059 | SH |  | SOLE |  | 0 | 0 | 143059 |
| Johnson  Johnson | COM | 478160104 |  | 98760873 | 477221 | SH |  | SOLE |  | 0 | 0 | 477221 |
| Kenvue Inc. | COM | 49177J102 |  | 634139 | 36762 | SH |  | SOLE |  | 0 | 0 | 36762 |
| Kimberly Clark | COM | 494368103 |  | 686556 | 6805 | SH |  | SOLE |  | 0 | 0 | 6805 |
| Kinder Morgan Inc | COM | 49456b101 |  | 4013257 | 145990 | SH |  | SOLE |  | 0 | 0 | 145990 |
| Kroger Co. | COM | 501044101 |  | 812240 | 13000 | SH |  | SOLE |  | 0 | 0 | 13000 |
| LPL Financial Holdings Inc | COM | 50212v100 |  | 211087 | 591 | SH |  | SOLE |  | 0 | 0 | 591 |
| Labcorp Holdings Inc | COM | 504922105 |  | 9534193 | 38003 | SH |  | SOLE |  | 0 | 0 | 38003 |
| Lam Research Corporation | COM | 512807306 |  | 1012187 | 5913 | SH |  | SOLE |  | 0 | 0 | 5913 |
| Las Vegas Sands Corp | COM | 517834107 |  | 2973051 | 45676 | SH |  | SOLE |  | 0 | 0 | 45676 |
| Levi Strauss  Co | COM | 52736r102 |  | 275323 | 13275 | SH |  | SOLE |  | 0 | 0 | 13275 |
| Limoneira Co. Santa Paula | COM | 532746104 |  | 307381 | 24347 | SH |  | SOLE |  | 0 | 0 | 24347 |
| Linde PLC | COM | G54950103 |  | 984961 | 2310 | SH |  | SOLE |  | 0 | 0 | 2310 |
| Lockheed Martin Corp. | COM | 539830109 |  | 24885305 | 51451 | SH |  | SOLE |  | 0 | 0 | 51451 |
| Lowes Cos. Inc. | COM | 548661107 |  | 524764 | 2176 | SH |  | SOLE |  | 0 | 0 | 2176 |
| Lululemon Athletica Inc | COM | 550021109 |  | 426426 | 2052 | SH |  | SOLE |  | 0 | 0 | 2052 |
| Magnum Ice Cream Company NV | COM | N5505D105 |  | 4973505 | 313786 | SH |  | SOLE |  | 0 | 0 | 313786 |
| Marathon Petroleum Corp | COM | 56585A102 |  | 284928 | 1752 | SH |  | SOLE |  | 0 | 0 | 1752 |
| Marsh  McLennan Cos. | COM | 571748102 |  | 263995 | 1423 | SH |  | SOLE |  | 0 | 0 | 1423 |
| Mastercard Inc | COM | 57636q104 |  | 24699327 | 43265 | SH |  | SOLE |  | 0 | 0 | 43265 |
| McDonalds Corp. | COM | 580135101 |  | 121017679 | 395961 | SH |  | SOLE |  | 0 | 0 | 395961 |
| Medtronic PLC | COM | g5960l103 |  | 5213618 | 54275 | SH |  | SOLE |  | 0 | 0 | 54275 |
| Merck  Company Inc. | COM | 58933y105 |  | 23702763 | 225183 | SH |  | SOLE |  | 0 | 0 | 225183 |
| Meta Platforms Inc | COM | 30303m102 |  | 9310569 | 14105 | SH |  | SOLE |  | 0 | 0 | 14105 |
| Microsoft Corp. | COM | 594918104 |  | 708592494 | 1465184 | SH |  | SOLE |  | 0 | 0 | 1465184 |
| Mondelez International | COM | 609207105 |  | 457932 | 8507 | SH |  | SOLE |  | 0 | 0 | 8507 |
| Morgan Stanley | COM | 617446448 |  | 365534 | 2059 | SH |  | SOLE |  | 0 | 0 | 2059 |
| National Grid PLC - Spons ADR | COM | 636274409 |  | 284828 | 3682 | SH |  | SOLE |  | 0 | 0 | 3682 |
| Netflix Inc. | COM | 64110l106 |  | 1077302 | 11490 | SH |  | SOLE |  | 0 | 0 | 11490 |
| News Corp - Class A | COM | 65249b109 |  | 305865 | 11710 | SH |  | SOLE |  | 0 | 0 | 11710 |
| NextEra Energy Inc | COM | 65339F101 |  | 10499259 | 130783 | SH |  | SOLE |  | 0 | 0 | 130783 |
| Nike Inc Class B | COM | 654106103 |  | 66009083 | 1036087 | SH |  | SOLE |  | 0 | 0 | 1036087 |
| Norfolk Southern Corp. | COM | 655844108 |  | 401898 | 1392 | SH |  | SOLE |  | 0 | 0 | 1392 |
| Northrop Grumman Corporation | COM | 666807102 |  | 754958 | 1324 | SH |  | SOLE |  | 0 | 0 | 1324 |
| Novartis A.G. ADR | COM | 66987V109 |  | 2669577 | 19363 | SH |  | SOLE |  | 0 | 0 | 19363 |
| Novo Nordisk ADR | COM | 670100205 |  | 326006782 | 6407366 | SH |  | SOLE |  | 0 | 0 | 6407366 |
| Nvidia Corp | COM | 67066g104 |  | 7151248 | 38344 | SH |  | SOLE |  | 0 | 0 | 38344 |
| OTC Markets Group Inc | COM | 67106F108 |  | 928273 | 18095 | SH |  | SOLE |  | 0 | 0 | 18095 |
| Oneok Inc. | COM | 682680103 |  | 7734405 | 105230 | SH |  | SOLE |  | 0 | 0 | 105230 |
| Opentable Inc | COM | 683712103 |  | 69960 | 12000 | SH |  | SOLE |  | 0 | 0 | 12000 |
| Oracle Systems Corp. | COM | 68389X105 |  | 1746784 | 8962 | SH |  | SOLE |  | 0 | 0 | 8962 |
| Organon  Co. | COM | 68622v106 |  | 159991 | 22314 | SH |  | SOLE |  | 0 | 0 | 22314 |
| Ormat Technologies Inc. | COM | 686688102 |  | 773290 | 7000 | SH |  | SOLE |  | 0 | 0 | 7000 |
| Otis Worldwide Corp | COM | 68902V107 |  | 394647 | 4518 | SH |  | SOLE |  | 0 | 0 | 4518 |
| PACCAR Inc | COM | 693718108 |  | 1175371 | 10733 | SH |  | SOLE |  | 0 | 0 | 10733 |
| PCM Fund Inc. | COM | 69323T101 |  | 80287 | 13076 | SH |  | SOLE |  | 0 | 0 | 13076 |
| PNC Bank Corp. | COM | 693475105 |  | 225846 | 1082 | SH |  | SOLE |  | 0 | 0 | 1082 |
| Pan American Silver Corporatio | COM | 697900108 |  | 334174 | 6450 | SH |  | SOLE |  | 0 | 0 | 6450 |
| Par Pacific Holdings Inc | COM | 69888T207 |  | 978262 | 27839 | SH |  | SOLE |  | 0 | 0 | 27839 |
| Pason System Inc | COM | 702925108 |  | 5394472 | 617463 | SH |  | SOLE |  | 0 | 0 | 617463 |
| Pax Ellevate Global Women's In | COM | 70422T208 |  | 2163482 | 62565 | SH |  | SOLE |  | 0 | 0 | 62565 |
| PayPal Holdings Inc. | COM | 70450Y103 |  | 2223986 | 38095 | SH |  | SOLE |  | 0 | 0 | 38095 |
| Pepsico Incorporated | COM | 713448108 |  | 55214200 | 384714 | SH |  | SOLE |  | 0 | 0 | 384714 |
| Pfizer Inc. | COM | 717081103 |  | 6714658 | 269665 | SH |  | SOLE |  | 0 | 0 | 269665 |
| Philip Morris International In | COM | 718172109 |  | 2433268 | 15170 | SH |  | SOLE |  | 0 | 0 | 15170 |
| Phillips 66 | COM | 718546104 |  | 1757525 | 13620 | SH |  | SOLE |  | 0 | 0 | 13620 |
| Plug Power Inc. | COM | 72919p202 |  | 52686 | 26744 | SH |  | SOLE |  | 0 | 0 | 26744 |
| Post Holdings Inc | COM | 737446104 |  | 327558 | 3307 | SH |  | SOLE |  | 0 | 0 | 3307 |
| Procter  Gamble Co. | COM | 742718109 |  | 8026658 | 56009 | SH |  | SOLE |  | 0 | 0 | 56009 |
| Progressive Corp | COM | 743315103 |  | 30208197 | 132655 | SH |  | SOLE |  | 0 | 0 | 132655 |
| Prudential Financial Inc | COM | 744320102 |  | 200588 | 1777 | SH |  | SOLE |  | 0 | 0 | 1777 |
| Public Service Enterprise Grp | COM | 744573106 |  | 291087 | 3625 | SH |  | SOLE |  | 0 | 0 | 3625 |
| Public Storage Inc. | COM | 74460d109 |  | 387174 | 1492 | SH |  | SOLE |  | 0 | 0 | 1492 |
| Pulte Homes Inc. | COM | 745867101 |  | 296316 | 2527 | SH |  | SOLE |  | 0 | 0 | 2527 |
| Qualcomm Inc. | COM | 747525103 |  | 4791966 | 28015 | SH |  | SOLE |  | 0 | 0 | 28015 |
| RTX Corporation | COM | 75513E101 |  | 21109527 | 115101 | SH |  | SOLE |  | 0 | 0 | 115101 |
| Rivian Automotive Inc. | COM | 76954A103 |  | 677925 | 34395 | SH |  | SOLE |  | 0 | 0 | 34395 |
| Roche Holding Ltd. | COM | 771195104 |  | 462170 | 8962 | SH |  | SOLE |  | 0 | 0 | 8962 |
| Rogers Communications Inc | COM | 775109200 |  | 636316 | 16865 | SH |  | SOLE |  | 0 | 0 | 16865 |
| Rush Enterprises Class A | COM | 781846209 |  | 361398 | 6700 | SH |  | SOLE |  | 0 | 0 | 6700 |
| S Global Inc | COM | 78409v104 |  | 858093 | 1642 | SH |  | SOLE |  | 0 | 0 | 1642 |
| SPDR S 500 Index ETF | COM | 78462f103 |  | 5037434 | 7387 | SH |  | SOLE |  | 0 | 0 | 7387 |
| Salesforce.com Inc. | COM | 79466L302 |  | 308620 | 1165 | SH |  | SOLE |  | 0 | 0 | 1165 |
| Samsung Electronics Pfd | COM | y74718118 |  | 232168 | 3750 | SH |  | SOLE |  | 0 | 0 | 3750 |
| Schlumberger Limited | COM | 806857108 |  | 277794 | 7238 | SH |  | SOLE |  | 0 | 0 | 7238 |
| Schneider Electric SA - Unspon | COM | 80687P106 |  | 633395 | 11530 | SH |  | SOLE |  | 0 | 0 | 11530 |
| Schwab U.S. Large-Cap Growth E | COM | 808524300 |  | 976578 | 29938 | SH |  | SOLE |  | 0 | 0 | 29938 |
| Schwab US Broad Market ETF | COM | 808524102 |  | 440008 | 16775 | SH |  | SOLE |  | 0 | 0 | 16775 |
| Schwab US Large Cap Value | COM | 808524409 |  | 781526 | 26394 | SH |  | SOLE |  | 0 | 0 | 26394 |
| Seabridge Gold Inc | COM | 811916105 |  | 325490 | 11000 | SH |  | SOLE |  | 0 | 0 | 11000 |
| Shell PLC | COM | 780259305 |  | 30813618 | 419347 | SH |  | SOLE |  | 0 | 0 | 419347 |
| Siemens AG - Spons ADR | COM | 826197501 |  | 661404 | 4726 | SH |  | SOLE |  | 0 | 0 | 4726 |
| Siemens Healthineers AG | COM | 82622j104 |  | 1023888 | 39035 | SH |  | SOLE |  | 0 | 0 | 39035 |
| Simon Property Group | COM | 828806109 |  | 7288452 | 39374 | SH |  | SOLE |  | 0 | 0 | 39374 |
| Snap On Tools Corp. | COM | 833034101 |  | 613388 | 1780 | SH |  | SOLE |  | 0 | 0 | 1780 |
| Starbucks Corp. | COM | 855244109 |  | 81816460 | 971577 | SH |  | SOLE |  | 0 | 0 | 971577 |
| Stryker Corp. | COM | 863667101 |  | 2029739 | 5775 | SH |  | SOLE |  | 0 | 0 | 5775 |
| Sturm Ruger  Co Inc | COM | 864159108 |  | 910608 | 27890 | SH |  | SOLE |  | 0 | 0 | 27890 |
| Suncor Energy Incorporated | COM | 867224107 |  | 917143 | 20675 | SH |  | SOLE |  | 0 | 0 | 20675 |
| Sysco Corp. | COM | 871829107 |  | 3525109 | 47837 | SH |  | SOLE |  | 0 | 0 | 47837 |
| TC Energy Corp | COM | 87807B107 |  | 1283603 | 23334 | SH |  | SOLE |  | 0 | 0 | 23334 |
| TJX Companies Inc. | COM | 872540109 |  | 175048034 | 1139561 | SH |  | SOLE |  | 0 | 0 | 1139561 |
| Taiwan Semiconductor - Spons A | COM | 874039100 |  | 26095946 | 85873 | SH |  | SOLE |  | 0 | 0 | 85873 |
| Target Corp. | COM | 87612e106 |  | 366074 | 3745 | SH |  | SOLE |  | 0 | 0 | 3745 |
| Tencent Holdings Ltd - Unsp AD | COM | 88032Q109 |  | 326868 | 4270 | SH |  | SOLE |  | 0 | 0 | 4270 |
| Tesla Motors | COM | 88160R101 |  | 1190008 | 2646 | SH |  | SOLE |  | 0 | 0 | 2646 |
| Tetra Technologies Inc | COM | 88162F105 |  | 7168444 | 765042 | SH |  | SOLE |  | 0 | 0 | 765042 |
| Texas Instruments Inc. | COM | 882508104 |  | 749303 | 4319 | SH |  | SOLE |  | 0 | 0 | 4319 |
| Textron Inc | COM | 883203101 |  | 270227 | 3100 | SH |  | SOLE |  | 0 | 0 | 3100 |
| The Blackstone Group Inc. Clas | COM | 09260d107 |  | 374868 | 2432 | SH |  | SOLE |  | 0 | 0 | 2432 |
| Thermo Fisher Scientific Inc | COM | 883556102 |  | 8980316 | 15498 | SH |  | SOLE |  | 0 | 0 | 15498 |
| Torex Gold Resources Inc | COM | 891054603 |  | 324739 | 6800 | SH |  | SOLE |  | 0 | 0 | 6800 |
| Tower Properties | COM | 891852303 |  | 245000 | 10 | SH |  | SOLE |  | 0 | 0 | 10 |
| Trane Technologies PLC | COM | g8994e103 |  | 284894 | 732 | SH |  | SOLE |  | 0 | 0 | 732 |
| Truist Financial Corporation | COM | 89832Q109 |  | 446827 | 9080 | SH |  | SOLE |  | 0 | 0 | 9080 |
| U.S. Bancorp | COM | 902973304 |  | 1337127 | 25059 | SH |  | SOLE |  | 0 | 0 | 25059 |
| US Technology SPDR | COM | 81369y803 |  | 1316462 | 9144 | SH |  | SOLE |  | 0 | 0 | 9144 |
| Unilever Plc ADR | COM | 904767803 |  | 92860595 | 1419887 | SH |  | SOLE |  | 0 | 0 | 1419887 |
| Union Pacific Corp. | COM | 907818108 |  | 17151859 | 74148 | SH |  | SOLE |  | 0 | 0 | 74148 |
| United Parcel Service | COM | 911312106 |  | 6569973 | 66236 | SH |  | SOLE |  | 0 | 0 | 66236 |
| UnitedHealth Group Inc. | COM | 91324p102 |  | 974815 | 2953 | SH |  | SOLE |  | 0 | 0 | 2953 |
| Utah Medical Products Inc | COM | 917488108 |  | 1194410 | 21344 | SH |  | SOLE |  | 0 | 0 | 21344 |
| Valvoline Inc | COM | 92047w101 |  | 2952205 | 101590 | SH |  | SOLE |  | 0 | 0 | 101590 |
| Vanguard Dividend Appreciation | COM | 921908844 |  | 1481317 | 6740 | SH |  | SOLE |  | 0 | 0 | 6740 |
| Vanguard ESG US Stock ETF | COM | 921910733 |  | 1935360 | 16000 | SH |  | SOLE |  | 0 | 0 | 16000 |
| Vanguard Extended Market Index | COM | 922908652 |  | 298205 | 1426 | SH |  | SOLE |  | 0 | 0 | 1426 |
| Vanguard Growth ETF | COM | 922908736 |  | 33095792 | 67839 | SH |  | SOLE |  | 0 | 0 | 67839 |
| Vanguard Health Care ETF | COM | 92204A504 |  | 210786207 | 732278 | SH |  | SOLE |  | 0 | 0 | 732278 |
| Vanguard High Dividend Yield E | COM | 921946406 |  | 4690579 | 32682 | SH |  | SOLE |  | 0 | 0 | 32682 |
| Vanguard Info Tech Index Fund | COM | 92204a702 |  | 692724 | 919 | SH |  | SOLE |  | 0 | 0 | 919 |
| Vanguard Russell 1000 Growth | COM | 92206C680 |  | 331769 | 2725 | SH |  | SOLE |  | 0 | 0 | 2725 |
| Vanguard S 500 | COM | 922908363 |  | 16323984 | 26030 | SH |  | SOLE |  | 0 | 0 | 26030 |
| Vanguard Total Stock Market ET | COM | 922908769 |  | 2206747 | 6582 | SH |  | SOLE |  | 0 | 0 | 6582 |
| Verizon Communications | COM | 92343v104 |  | 22801841 | 559829 | SH |  | SOLE |  | 0 | 0 | 559829 |
| Viasat Inc. | COM | 92552v100 |  | 1206100 | 35000 | SH |  | SOLE |  | 0 | 0 | 35000 |
| Victoria's Secret  Co | COM | 926400102 |  | 5364834 | 99037 | SH |  | SOLE |  | 0 | 0 | 99037 |
| Visa Inc - Class A | COM | 92826C839 |  | 4930195 | 14058 | SH |  | SOLE |  | 0 | 0 | 14058 |
| Wal Mart Stores Inc. | COM | 931142103 |  | 87290961 | 783511 | SH |  | SOLE |  | 0 | 0 | 783511 |
| Walt Disney Company | COM | 254687106 |  | 132257227 | 1162497 | SH |  | SOLE |  | 0 | 0 | 1162497 |
| Waste Management Inc | COM | 94106l109 |  | 828746 | 3772 | SH |  | SOLE |  | 0 | 0 | 3772 |
| Weatherford International PLC | COM | G48833118 |  | 700427 | 8950 | SH |  | SOLE |  | 0 | 0 | 8950 |
| Wells Fargo  Co. | COM | 949746101 |  | 2438671 | 26166 | SH |  | SOLE |  | 0 | 0 | 26166 |
| West Pharmaceutical Services I | COM | 955306105 |  | 820467 | 2982 | SH |  | SOLE |  | 0 | 0 | 2982 |
| Weyerhaeuser Co. | COM | 962166104 |  | 1684643 | 71112 | SH |  | SOLE |  | 0 | 0 | 71112 |
| Williams Corp. | COM | 969457100 |  | 1019586 | 16962 | SH |  | SOLE |  | 0 | 0 | 16962 |
| XPLR Infrastructure LP | COM | 65341B106 |  | 300000 | 30000 | SH |  | SOLE |  | 0 | 0 | 30000 |
| Yum China Holdings Inc | COM | 98850P109 |  | 770619 | 16142 | SH |  | SOLE |  | 0 | 0 | 16142 |
| Yum! Brands Inc | COM | 988498101 |  | 3608633 | 23854 | SH |  | SOLE |  | 0 | 0 | 23854 |
| Zimmer Biomet Holdings Inc. | COM | 98956p102 |  | 2881936 | 32050 | SH |  | SOLE |  | 0 | 0 | 32050 |
| Zoetis Inc | COM | 98978V103 |  | 526808 | 4187 | SH |  | SOLE |  | 0 | 0 | 4187 |
| eBay Inc | COM | 278642103 |  | 1031090 | 11838 | SH |  | SOLE |  | 0 | 0 | 11838 |
| iShares Dow Jones US Utilities | COM | 464287697 |  | 1954706 | 18039 | SH |  | SOLE |  | 0 | 0 | 18039 |
| iShares Nasdaq Biotechnology I | COM | 464287556 |  | 377201 | 2235 | SH |  | SOLE |  | 0 | 0 | 2235 |
| iShares Russell 1000 Growth In | COM | 464287614 |  | 1217801 | 2573 | SH |  | SOLE |  | 0 | 0 | 2573 |
| iShares Russell 2000 Index Fun | COM | 464287655 |  | 293423 | 1192 | SH |  | SOLE |  | 0 | 0 | 1192 |
| iShares S 500 Index Fund | COM | 464287200 |  | 1605499 | 2344 | SH |  | SOLE |  | 0 | 0 | 2344 |
| iShares S Glbl Energy ETF | COM | 464287341 |  | 419300 | 10000 | SH |  | SOLE |  | 0 | 0 | 10000 |
| iShares S Glbl Healthcare In | COM | 464287325 |  | 450962 | 4630 | SH |  | SOLE |  | 0 | 0 | 4630 |
| iShares S Glbl Technology Se | COM | 464287291 |  | 495130 | 4716 | SH |  | SOLE |  | 0 | 0 | 4716 |
| iShares S Mid-Cap 400 ETF | COM | 464287507 |  | 504900 | 7650 | SH |  | SOLE |  | 0 | 0 | 7650 |
| iShares S Small Cap 600 Inde | COM | 464287804 |  | 360540 | 3000 | SH |  | SOLE |  | 0 | 0 | 3000 |
| Agricultural Bank of China Ltd | FOREIGN | 00850M102 |  | 757065 | 41000 | SH |  | SOLE |  | 0 | 0 | 41000 |
| Banco do Brasil S.A. | FOREIGN | 059578104 |  | 158600 | 40000 | SH |  | SOLE |  | 0 | 0 | 40000 |
| Brookfield Asset Management | FOREIGN | 113004105 |  | 479316 | 9149 | SH |  | SOLE |  | 0 | 0 | 9149 |
| Brookfield Corporation | FOREIGN | 11271J107 |  | 2493754 | 54342 | SH |  | SOLE |  | 0 | 0 | 54342 |
| DBS Group Holdings - Spons ADR | FOREIGN | 23304Y100 |  | 1317075 | 7500 | SH |  | SOLE |  | 0 | 0 | 7500 |
| Embraer SA ADR | FOREIGN | 29082A107 |  | 270354 | 4200 | SH |  | SOLE |  | 0 | 0 | 4200 |
| Fresenius Medical Care | FOREIGN | 358029106 |  | 305825 | 12839 | SH |  | SOLE |  | 0 | 0 | 12839 |
| Grupo Aeroportuario del Pacifi | FOREIGN | 400506101 |  | 421808 | 1600 | SH |  | SOLE |  | 0 | 0 | 1600 |
| Komatsu Ltd. | FOREIGN | 500458401 |  | 1298575 | 40900 | SH |  | SOLE |  | 0 | 0 | 40900 |
| Kore Potash PLC | FOREIGN | G5312W112 |  | 20180 | 500000 | SH |  | SOLE |  | 0 | 0 | 500000 |
| Nibe Industrier AB ORDF-SWEDEN | FOREIGN | W6S38Z126 |  | 425022 | 110000 | SH |  | SOLE |  | 0 | 0 | 110000 |
| Oersted A/S ORDF - DENMARK | FOREIGN | k7653q105 |  | 423250 | 22000 | SH |  | SOLE |  | 0 | 0 | 22000 |
| Renew Energy Global PLC | FOREIGN | G7500M104 |  | 226000 | 40000 | SH |  | SOLE |  | 0 | 0 | 40000 |
| Schwab Intl Equity ETF | FOREIGN | 808524805 |  | 436470 | 18156 | SH |  | SOLE |  | 0 | 0 | 18156 |
| Sodexo | FOREIGN | 833792104 |  | 507194 | 49410 | SH |  | SOLE |  | 0 | 0 | 49410 |
| Spirax-Sarco Engineering PLC ( | FOREIGN | G83561129 |  | 733859 | 8000 | SH |  | SOLE |  | 0 | 0 | 8000 |
| Vanguard Emerging Market ETF | FOREIGN | 922042858 |  | 918348 | 17082 | SH |  | SOLE |  | 0 | 0 | 17082 |
| Vanguard European ETF | FOREIGN | 922042874 |  | 392374 | 4693 | SH |  | SOLE |  | 0 | 0 | 4693 |
| Vanguard FTSE Developed Market | FOREIGN | 921943858 |  | 777745 | 12450 | SH |  | SOLE |  | 0 | 0 | 12450 |
| Vanguard Total Intl Stock Inde | FOREIGN | 921909768 |  | 332841 | 4412 | SH |  | SOLE |  | 0 | 0 | 4412 |
| iShares Core MSCI Emerging Mar | FOREIGN | 46434G103 |  | 7381269 | 109808 | SH |  | SOLE |  | 0 | 0 | 109808 |
| iShares MSCI Emerging Markets | FOREIGN | 464287234 |  | 858441 | 15691 | SH |  | SOLE |  | 0 | 0 | 15691 |
| iShares MSCI Singapore Index F | FOREIGN | 46434g780 |  | 2609489 | 94856 | SH |  | SOLE |  | 0 | 0 | 94856 |
| Fidelity Wise Origin Bitcoin F | OTHER ASSET | 315948109 |  | 649022 | 8514 | SH |  | SOLE |  | 0 | 0 | 8514 |
| First Trust SSI Strategic Conv | BOND ETF | 33739Q507 |  | 283383 | 6585 | SH |  | SOLE |  | 0 | 0 | 6585 |
| Franklin California Tax-Free M | BOND ETF | 352518401 |  | 569441 | 84362 | SH |  | SOLE |  | 0 | 0 | 84362 |
| Invesco California Value Muni | BOND ETF | 46132H106 |  | 178737 | 16059 | SH |  | SOLE |  | 0 | 0 | 16059 |
| Loomis Sayles Fds Bond Fund In | BOND ETF | 543495840 |  | 132259 | 10805 | SH |  | SOLE |  | 0 | 0 | 10805 |
| Metropolitan West Total Return | BOND ETF | 592905103 |  | 102614 | 11190 | SH |  | SOLE |  | 0 | 0 | 11190 |
| Nuveen CA Quality Muni Income | BOND ETF | 67066Y105 |  | 543260 | 46000 | SH |  | SOLE |  | 0 | 0 | 46000 |
| Pimco 0-5 Year H/Y Corp Bond E | BOND ETF | 72201r783 |  | 216095 | 2279 | SH |  | SOLE |  | 0 | 0 | 2279 |
| Pimco GNMA and Govt Securities | BOND ETF | 693391450 |  | 128533 | 13501 | SH |  | SOLE |  | 0 | 0 | 13501 |
| Pimco Income Fund | BOND ETF | 72201F490 |  | 903951 | 82252 | SH |  | SOLE |  | 0 | 0 | 82252 |
| Principal Spectrum Pfd Sec Act | BOND ETF | 74255Y888 |  | 247910 | 13000 | SH |  | SOLE |  | 0 | 0 | 13000 |
| TCW Flexible Income ETF | BOND ETF | 29287L700 |  | 260964 | 6590 | SH |  | SOLE |  | 0 | 0 | 6590 |
| Vanguard California Int-term t | BOND ETF | 922021407 |  | 555839 | 48083 | SH |  | SOLE |  | 0 | 0 | 48083 |
| Vanguard Short-Term Bond ETF | BOND ETF | 921937827 |  | 2773714 | 35195 | SH |  | SOLE |  | 0 | 0 | 35195 |
| Vanguard Short-Term Corp Bond | BOND ETF | 92206C409 |  | 5575519 | 69930 | SH |  | SOLE |  | 0 | 0 | 69930 |
| Vanguard Short-Term Treasury E | BOND ETF | 92206C102 |  | 4162782 | 70880 | SH |  | SOLE |  | 0 | 0 | 70880 |
| Vanguard Total Bond Market | BOND ETF | 921937835 |  | 559006 | 7547 | SH |  | SOLE |  | 0 | 0 | 7547 |
| Vanguard Total Intl Bond ETF | BOND ETF | 92203j407 |  | 568050 | 11756 | SH |  | SOLE |  | 0 | 0 | 11756 |
| Vanguard Ultra-Short Bond ETF | BOND ETF | 92203C303 |  | 6947696 | 139400 | SH |  | SOLE |  | 0 | 0 | 139400 |
| WisdomTree Floating Rate Treas | BOND ETF | 97717Y527 |  | 1444184 | 28700 | SH |  | SOLE |  | 0 | 0 | 28700 |
| iShares Lehman Aggregate Bond | BOND ETF | 464287226 |  | 288853 | 2892 | SH |  | SOLE |  | 0 | 0 | 2892 |
| iShares Short Term Muni Bond E | BOND ETF | 464288158 |  | 320100 | 3000 | SH |  | SOLE |  | 0 | 0 | 3000 |
| iShares Ultra Short Dur Bond A | BOND ETF | 46434V878 |  | 1011600 | 20000 | SH |  | SOLE |  | 0 | 0 | 20000 |

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