# EDGAR Filing Document

**Accession Number:** 0001666733
**File Stem:** 0001420506-23-000423
**Filing Date:** 2023-2
**Character Count:** 18504
**Document Hash:** e0f163d57d8b507a4f4030b796a69760
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001420506-23-000423.hdr.sgml**: 20230213

**ACCESSION NUMBER**: 0001420506-23-000423

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230213

**DATE AS OF CHANGE**: 20230213

**EFFECTIVENESS DATE**: 20230213

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Canal Capital Management, LLC
- **CENTRAL INDEX KEY:** 0001666733
- **IRS NUMBER:** 451042110
- **STATE OF INCORPORATION:** VA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-17390
- **FILM NUMBER:** 23616830

**BUSINESS ADDRESS:**
- **STREET 1:** 9 SOUTH 5TH STREET
- **CITY:** RICHMOND
- **STATE:** VA
- **ZIP:** 23219
- **BUSINESS PHONE:** 804-325-1450

**MAIL ADDRESS:**
- **STREET 1:** 9 SOUTH 5TH STREET
- **CITY:** RICHMOND
- **STATE:** VA
- **ZIP:** 23219

### FORM 13F COVER PAGE

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

**Check here if Amendment** [x] **Amendment Number:** 1

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

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Canal Capital Management LLC<br>**Address:** 9 South 5th Street<br>Richmond, VA 23219

**Form 13F File Number:** 028-17390

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:** Canal Capital Management<br>**Title:** President<br>**Phone:** 8043251450

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

Canal Capital Management President  Richmond, VA  02-13-2023<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:** 153

**Form 13F Information Table Value Total:** $412190775

      (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 |  | 1204189 | 7451 | SH |  | SOLE |  | 0 | 0 | 7451 |
| ADOBE SYSTEMS INCORPORATED | COM | 00724F101 |  | 2293788 | 6816 | SH |  | SOLE |  | 0 | 0 | 6816 |
| ADVANCE AUTO PARTS INC | COM | 00751Y106 |  | 2166579 | 14736 | SH |  | SOLE |  | 0 | 0 | 14736 |
| ALBEMARLE CORP | COM | 012653101 |  | 305016 | 1407 | SH |  | SOLE |  | 0 | 0 | 1407 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 353145 | 3980 | SH |  | SOLE |  | 0 | 0 | 3980 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 3945381 | 44717 | SH |  | SOLE |  | 0 | 0 | 44717 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 17475916 | 382322 | SH |  | SOLE |  | 0 | 0 | 382322 |
| AMAZON COM INC | COM | 023135106 |  | 2289588 | 27257 | SH |  | SOLE |  | 0 | 0 | 27257 |
| AMERIPRISE FINL INC | COM | 03076C106 |  | 247512 | 795 | SH |  | SOLE |  | 0 | 0 | 795 |
| APPLE INC | COM | 037833100 |  | 11192279 | 86141 | SH |  | SOLE |  | 0 | 0 | 86141 |
| ARES CAPITAL CORP | COM | 04010L103 |  | 218759 | 11844 | SH |  | SOLE |  | 0 | 0 | 11844 |
| ARK ETF TR | GENOMIC REV ETF | 00214Q302 |  | 743916 | 26352 | SH |  | SOLE |  | 0 | 0 | 26352 |
| ARK ETF TR | FINTECH INNOVA | 00214Q708 |  | 592505 | 41521 | SH |  | SOLE |  | 0 | 0 | 41521 |
| ARMADA HOFFLER PPTYS INC | COM | 04208T108 |  | 273804 | 23809 | SH |  | SOLE |  | 0 | 0 | 23809 |
| ASML HOLDING N V | N Y REGISTRY SHS | N07059210 |  | 3159500 | 5782 | SH |  | SOLE |  | 0 | 0 | 5782 |
| ASTRAZENECA PLC | SPONSORED ADR | 046353108 |  | 244012 | 3599 | SH |  | SOLE |  | 0 | 0 | 3599 |
| ATLANTIC UN BANKSHARES CORP | COM | 04911A107 |  | 2251756 | 64080 | SH |  | SOLE |  | 0 | 0 | 64080 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 4838919 | 15665 | SH |  | SOLE |  | 0 | 0 | 15665 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 |  | 1874844 | 4 | SH |  | SOLE |  | 0 | 0 | 4 |
| BLACKSTONE INC | COM | 09260D107 |  | 5826935 | 78541 | SH |  | SOLE |  | 0 | 0 | 78541 |
| BLOCK INC | CL A | 852234103 |  | 1359920 | 21641 | SH |  | SOLE |  | 0 | 0 | 21641 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 2458642 | 1220 | SH |  | SOLE |  | 0 | 0 | 1220 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 5257458 | 73071 | SH |  | SOLE |  | 0 | 0 | 73071 |
| BROADCOM INC | COM | 11135F101 |  | 5128191 | 9172 | SH |  | SOLE |  | 0 | 0 | 9172 |
| BROOKFIELD ASSET MANAGMT LTD | CL A LMT VTG SHS | 113004105 |  | 2357935 | 82244 | SH |  | SOLE |  | 0 | 0 | 82244 |
| CALAMOS STRATEGIC TOTAL RETU | COM SH BEN INT | 128125101 |  | 381128 | 28400 | SH |  | SOLE |  | 0 | 0 | 28400 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 1045587 | 11248 | SH |  | SOLE |  | 0 | 0 | 11248 |
| CATERPILLAR INC | COM | 149123101 |  | 283584 | 1184 | SH |  | SOLE |  | 0 | 0 | 1184 |
| CHEVRON CORP NEW | COM | 166764100 |  | 1437090 | 8007 | SH |  | SOLE |  | 0 | 0 | 8007 |
| CISCO SYS INC | COM | 17275R102 |  | 5764670 | 121005 | SH |  | SOLE |  | 0 | 0 | 121005 |
| COCA COLA CO | COM | 191216100 |  | 486298 | 7645 | SH |  | SOLE |  | 0 | 0 | 7645 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 472191 | 4002 | SH |  | SOLE |  | 0 | 0 | 4002 |
| CONSOLIDATED EDISON INC | COM | 209115104 |  | 253774 | 2663 | SH |  | SOLE |  | 0 | 0 | 2663 |
| CORTEVA INC | COM | 22052L104 |  | 366973 | 6243 | SH |  | SOLE |  | 0 | 0 | 6243 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 257010 | 563 | SH |  | SOLE |  | 0 | 0 | 563 |
| CSX CORP | COM | 126408103 |  | 457708 | 14774 | SH |  | SOLE |  | 0 | 0 | 14774 |
| CVS HEALTH CORP | COM | 126650100 |  | 204366 | 2193 | SH |  | SOLE |  | 0 | 0 | 2193 |
| DANAHER CORPORATION | COM | 235851102 |  | 2029647 | 7647 | SH |  | SOLE |  | 0 | 0 | 7647 |
| DEVON ENERGY CORP NEW | COM | 25179M103 |  | 4667573 | 75883 | SH |  | SOLE |  | 0 | 0 | 75883 |
| DISNEY WALT CO | COM | 254687106 |  | 1125003 | 12949 | SH |  | SOLE |  | 0 | 0 | 12949 |
| DOMINION ENERGY INC | COM | 25746U109 |  | 813151 | 13261 | SH |  | SOLE |  | 0 | 0 | 13261 |
| DOW INC | COM | 260557103 |  | 504227 | 10006 | SH |  | SOLE |  | 0 | 0 | 10006 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 293682 | 2852 | SH |  | SOLE |  | 0 | 0 | 2852 |
| DUPONT DE NEMOURS INC | COM | 26614N102 |  | 563518 | 8211 | SH |  | SOLE |  | 0 | 0 | 8211 |
| ELEVANCE HEALTH INC | COM | 036752103 |  | 391518 | 763 | SH |  | SOLE |  | 0 | 0 | 763 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 1172894 | 10634 | SH |  | SOLE |  | 0 | 0 | 10634 |
| GENERAL MTRS CO | COM | 37045V100 |  | 264520 | 7863 | SH |  | SOLE |  | 0 | 0 | 7863 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 301751 | 879 | SH |  | SOLE |  | 0 | 0 | 879 |
| GRAB HOLDINGS LIMITED | CLASS A ORD | G4124C109 |  | 706223 | 219324 | SH |  | SOLE |  | 0 | 0 | 219324 |
| GSK PLC | SPONSORED ADR | 37733W204 |  | 543194 | 15458 | SH |  | SOLE |  | 0 | 0 | 15458 |
| HOME DEPOT INC | COM | 437076102 |  | 4812609 | 15237 | SH |  | SOLE |  | 0 | 0 | 15237 |
| ILLUMINA INC | COM | 452327109 |  | 1461704 | 7229 | SH |  | SOLE |  | 0 | 0 | 7229 |
| INTUIT | COM | 461202103 |  | 2950014 | 7579 | SH |  | SOLE |  | 0 | 0 | 7579 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 2487922 | 9376 | SH |  | SOLE |  | 0 | 0 | 9376 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 1489261 | 5593 | SH |  | SOLE |  | 0 | 0 | 5593 |
| INVITATION HOMES INC | COM | 46187W107 |  | 272401 | 9190 | SH |  | SOLE |  | 0 | 0 | 9190 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 1576743 | 16257 | SH |  | SOLE |  | 0 | 0 | 16257 |
| ISHARES TR | GRWT ALLOCAT ETF | 464289867 |  | 329395 | 6985 | SH |  | SOLE |  | 0 | 0 | 6985 |
| ISHARES TR | AGGRES ALLOC ETF | 464289859 |  | 2350574 | 39340 | SH |  | SOLE |  | 0 | 0 | 39340 |
| ISHARES TR | JPMORGAN USD EMG | 464288281 |  | 1860976 | 22000 | SH |  | SOLE |  | 0 | 0 | 22000 |
| ISHARES TR | IBOXX INV CP ETF | 464287242 |  | 2123084 | 20137 | SH |  | SOLE |  | 0 | 0 | 20137 |
| ISHARES TR | ISHS 1-5YR INVS | 464288646 |  | 8307242 | 166745 | SH |  | SOLE |  | 0 | 0 | 166745 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 7942852 | 83927 | SH |  | SOLE |  | 0 | 0 | 83927 |
| ISHARES TR | CORE S ETF | 464287200 |  | 7814187 | 20338 | SH |  | SOLE |  | 0 | 0 | 20338 |
| ISHARES TR | 7-10 YR TRSY BD | 464287440 |  | 538449 | 5622 | SH |  | SOLE |  | 0 | 0 | 5622 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 |  | 231935 | 3150 | SH |  | SOLE |  | 0 | 0 | 3150 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 5307583 | 21942 | SH |  | SOLE |  | 0 | 0 | 21942 |
| ISHARES TR | S 100 ETF | 464287101 |  | 5045535 | 29580 | SH |  | SOLE |  | 0 | 0 | 29580 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 261552 | 1500 | SH |  | SOLE |  | 0 | 0 | 1500 |
| ISHARES TR | 20 YR TR BD ETF | 464287432 |  | 268811 | 2700 | SH |  | SOLE |  | 0 | 0 | 2700 |
| ISHARES TR | S 500 GRWT ETF | 464287309 |  | 3928806 | 67159 | SH |  | SOLE |  | 0 | 0 | 67159 |
| ISHARES TR | S 500 VAL ETF | 464287408 |  | 3875690 | 26716 | SH |  | SOLE |  | 0 | 0 | 26716 |
| ISHARES TR | NATIONAL MUN ETF | 464288414 |  | 3534076 | 33492 | SH |  | SOLE |  | 0 | 0 | 33492 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 3336694 | 15575 | SH |  | SOLE |  | 0 | 0 | 15575 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 423168 | 11165 | SH |  | SOLE |  | 0 | 0 | 11165 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 |  | 296599 | 1956 | SH |  | SOLE |  | 0 | 0 | 1956 |
| ISHARES TR | EXPANDED TECH | 464287515 |  | 2549545 | 9965 | SH |  | SOLE |  | 0 | 0 | 9965 |
| ISHARES TR | PFD AND INCM SEC | 464288687 |  | 1044791 | 34222 | SH |  | SOLE |  | 0 | 0 | 34222 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 6365720 | 36036 | SH |  | SOLE |  | 0 | 0 | 36036 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 6058937 | 45182 | SH |  | SOLE |  | 0 | 0 | 45182 |
| LILLY ELI  CO | COM | 532457108 |  | 565870 | 1547 | SH |  | SOLE |  | 0 | 0 | 1547 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 5775388 | 11872 | SH |  | SOLE |  | 0 | 0 | 11872 |
| LOWES COS INC | COM | 548661107 |  | 286119 | 1436 | SH |  | SOLE |  | 0 | 0 | 1436 |
| MARKEL CORP | COM | 570535104 |  | 346796 | 263 | SH |  | SOLE |  | 0 | 0 | 263 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 731511 | 2104 | SH |  | SOLE |  | 0 | 0 | 2104 |
| MCDONALDS CORP | COM | 580135101 |  | 299989 | 1138 | SH |  | SOLE |  | 0 | 0 | 1138 |
| MICROSOFT CORP | COM | 594918104 |  | 9267840 | 38645 | SH |  | SOLE |  | 0 | 0 | 38645 |
| NETFLIX INC | COM | 64110L106 |  | 803253 | 2724 | SH |  | SOLE |  | 0 | 0 | 2724 |
| NIKE INC | CL B | 654106103 |  | 1458089 | 12461 | SH |  | SOLE |  | 0 | 0 | 12461 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 366915 | 1489 | SH |  | SOLE |  | 0 | 0 | 1489 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 219746 | 403 | SH |  | SOLE |  | 0 | 0 | 403 |
| NOVARTIS AG | SPONSORED ADR | 66987V109 |  | 444916 | 4904 | SH |  | SOLE |  | 0 | 0 | 4904 |
| NOVO-NORDISK A S | ADR | 670100205 |  | 517393 | 3823 | SH |  | SOLE |  | 0 | 0 | 3823 |
| NUCOR CORP | COM | 670346105 |  | 395430 | 3000 | SH |  | SOLE |  | 0 | 0 | 3000 |
| NUVEEN REAL ASSET INCOME  G | COM | 67074Y105 |  | 216450 | 18500 | SH |  | SOLE |  | 0 | 0 | 18500 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 1075576 | 7360 | SH |  | SOLE |  | 0 | 0 | 7360 |
| OLD DOMINION FREIGHT LINE IN | COM | 679580100 |  | 80030312 | 282015 | SH |  | SOLE |  | 0 | 0 | 282015 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 |  | 2699208 | 3198 | SH |  | SOLE |  | 0 | 0 | 3198 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 2835313 | 20319 | SH |  | SOLE |  | 0 | 0 | 20319 |
| PAYCOM SOFTWARE INC | COM | 70432V102 |  | 246696 | 795 | SH |  | SOLE |  | 0 | 0 | 795 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 437291 | 6140 | SH |  | SOLE |  | 0 | 0 | 6140 |
| PEPSICO INC | COM | 713448108 |  | 231568 | 1282 | SH |  | SOLE |  | 0 | 0 | 1282 |
| PFIZER INC | COM | 717081103 |  | 1065885 | 20802 | SH |  | SOLE |  | 0 | 0 | 20802 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 6163423 | 60897 | SH |  | SOLE |  | 0 | 0 | 60897 |
| PHILLIPS 66 | COM | 718546104 |  | 240246 | 2308 | SH |  | SOLE |  | 0 | 0 | 2308 |
| PIONEER NAT RES CO | COM | 723787107 |  | 228390 | 1000 | SH |  | SOLE |  | 0 | 0 | 1000 |
| PNC FINL SVCS GROUP INC | COM | 693475105 |  | 1664515 | 10539 | SH |  | SOLE |  | 0 | 0 | 10539 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 691915 | 4565 | SH |  | SOLE |  | 0 | 0 | 4565 |
| PROSHARES TR | ULTRPRO DOW30 | 74347X823 |  | 509166 | 8980 | SH |  | SOLE |  | 0 | 0 | 8980 |
| PROSHARES TR | PSHS ULTRA QQQ | 74347R206 |  | 777897 | 22200 | SH |  | SOLE |  | 0 | 0 | 22200 |
| PROSHARES TR | ULTRAPRO QQQ | 74347X831 |  | 391153 | 22610 | SH |  | SOLE |  | 0 | 0 | 22610 |
| RAYTHEON TECHNOLOGIES CORP | COM | 75513E101 |  | 361836 | 3585 | SH |  | SOLE |  | 0 | 0 | 3585 |
| SALESFORCE INC | COM | 79466L302 |  | 1213331 | 9151 | SH |  | SOLE |  | 0 | 0 | 9151 |
| SCHWAB STRATEGIC TR | US LCAP GR ETF | 808524300 |  | 10857924 | 195427 | SH |  | SOLE |  | 0 | 0 | 195427 |
| SELECT SECTOR SPDR TR | COMMUNICATION | 81369Y852 |  | 395126 | 8234 | SH |  | SOLE |  | 0 | 0 | 8234 |
| SELECT SECTOR SPDR TR | FINANCIAL | 81369Y605 |  | 271411 | 7936 | SH |  | SOLE |  | 0 | 0 | 7936 |
| SERVICENOW INC | COM | 81762P102 |  | 1042505 | 2685 | SH |  | SOLE |  | 0 | 0 | 2685 |
| SHOPIFY INC | CL A | 82509L107 |  | 530924 | 15296 | SH |  | SOLE |  | 0 | 0 | 15296 |
| SMARTSHEET INC | COM CL A | 83200N103 |  | 750162 | 19059 | SH |  | SOLE |  | 0 | 0 | 19059 |
| SPDR INDEX SHS FDS | PORTFOLIO DEVLPD | 78463X889 |  | 1017584 | 34274 | SH |  | SOLE |  | 0 | 0 | 34274 |
| SPDR INDEX SHS FDS | PORTFOLIO EMG MK | 78463X509 |  | 1263033 | 38320 | SH |  | SOLE |  | 0 | 0 | 38320 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 1375998 | 3598 | SH |  | SOLE |  | 0 | 0 | 3598 |
| SPDR S MIDCAP 400 ETF TR | UTSER1 S | 78467Y107 |  | 442790 | 1000 | SH |  | SOLE |  | 0 | 0 | 1000 |
| SPDR SER TR | S DIVID ETF | 78464A763 |  | 651772 | 5210 | SH |  | SOLE |  | 0 | 0 | 5210 |
| SPDR SER TR | BLOOMBERG HIGH Y | 78468R622 |  | 695414 | 7727 | SH |  | SOLE |  | 0 | 0 | 7727 |
| SPROTT PHYSICAL GOLD TR | UNIT | 85207H104 |  | 204450 | 14500 | SH |  | SOLE |  | 0 | 0 | 14500 |
| SSGA ACTIVE ETF TR | SPDR TR TACTIC | 78467V848 |  | 5911156 | 147631 | SH |  | SOLE |  | 0 | 0 | 147631 |
| SSGA ACTIVE ETF TR | BLACKSTONE SENR | 78467V608 |  | 3495980 | 85476 | SH |  | SOLE |  | 0 | 0 | 85476 |
| STARWOOD PPTY TR INC | COM | 85571B105 |  | 3571161 | 194826 | SH |  | SOLE |  | 0 | 0 | 194826 |
| SUN CMNTYS INC | COM | 866674104 |  | 3062579 | 21417 | SH |  | SOLE |  | 0 | 0 | 21417 |
| TARGET CORP | COM | 87612E106 |  | 4627533 | 31049 | SH |  | SOLE |  | 0 | 0 | 31049 |
| TRUIST FINL CORP | COM | 89832Q109 |  | 755832 | 17565 | SH |  | SOLE |  | 0 | 0 | 17565 |
| UNION PAC CORP | COM | 907818108 |  | 201754 | 974 | SH |  | SOLE |  | 0 | 0 | 974 |
| UNITED BANKSHARES INC WEST V | COM | 909907107 |  | 390002 | 9632 | SH |  | SOLE |  | 0 | 0 | 9632 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 4818219 | 27716 | SH |  | SOLE |  | 0 | 0 | 27716 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 5419207 | 10221 | SH |  | SOLE |  | 0 | 0 | 10221 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 777750 | 6131 | SH |  | SOLE |  | 0 | 0 | 6131 |
| VANGUARD CHARLOTTE FDS | TOTAL INT BD ETF | 92203J407 |  | 1188263 | 25053 | SH |  | SOLE |  | 0 | 0 | 25053 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 1862735 | 22584 | SH |  | SOLE |  | 0 | 0 | 22584 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 5308908 | 15110 | SH |  | SOLE |  | 0 | 0 | 15110 |
| VANGUARD INDEX FDS | SM CP VAL ETF | 922908611 |  | 710948 | 4477 | SH |  | SOLE |  | 0 | 0 | 4477 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 1435650 | 7822 | SH |  | SOLE |  | 0 | 0 | 7822 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 5692283 | 146031 | SH |  | SOLE |  | 0 | 0 | 146031 |
| VANGUARD INTL EQUITY INDEX F | GLB EX US ETF | 922042676 |  | 1196421 | 28941 | SH |  | SOLE |  | 0 | 0 | 28941 |
| VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 92206C409 |  | 263240 | 3501 | SH |  | SOLE |  | 0 | 0 | 3501 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 4358874 | 28705 | SH |  | SOLE |  | 0 | 0 | 28705 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 5500273 | 131052 | SH |  | SOLE |  | 0 | 0 | 131052 |
| VANGUARD WORLD FDS | CONSUM DIS ETF | 92204A108 |  | 1911388 | 8727 | SH |  | SOLE |  | 0 | 0 | 8727 |
| VANGUARD WORLD FDS | INF TECH ETF | 92204A702 |  | 2283143 | 7148 | SH |  | SOLE |  | 0 | 0 | 7148 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 615310 | 15617 | SH |  | SOLE |  | 0 | 0 | 15617 |
| VISA INC | COM CL A | 92826C839 |  | 3640131 | 17521 | SH |  | SOLE |  | 0 | 0 | 17521 |
| WALMART INC | COM | 931142103 |  | 5328600 | 37581 | SH |  | SOLE |  | 0 | 0 | 37581 |
| WESTROCK CO | COM | 96145D105 |  | 4110292 | 116902 | SH |  | SOLE |  | 0 | 0 | 116902 |

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