# EDGAR Filing Document

**Accession Number:** 0001542265
**File Stem:** 0001542265-25-000004
**Filing Date:** 2025-7
**Character Count:** 39939
**Document Hash:** 2fdf8e9dc49bfcab079e50c5877bb6c2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001542265-25-000004.hdr.sgml**: 20250708

**ACCESSION NUMBER**: 0001542265-25-000004

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250708

**DATE AS OF CHANGE**: 20250708

**EFFECTIVENESS DATE**: 20250708

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Gradient Investments LLC
- **CENTRAL INDEX KEY:** 0001542265

**ORGANIZATION NAME:**
- **EIN:** 205397206
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-14840
- **FILM NUMBER:** 251110027

**BUSINESS ADDRESS:**
- **STREET 1:** 4105 LEXINGTON AVENUE NORTH
- **STREET 2:** SUITE 250
- **CITY:** ARDEN HILLS
- **STATE:** MN
- **ZIP:** 55126
- **BUSINESS PHONE:** 888-824-3525

**MAIL ADDRESS:**
- **STREET 1:** 4105 LEXINGTON AVENUE NORTH
- **STREET 2:** SUITE 250
- **CITY:** ARDEN HILLS
- **STATE:** MN
- **ZIP:** 55126

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 06-30-2025

**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:** Gradient Investments LLC<br>**Address:** 4105 LEXINGTON AVENUE NORTH<br>SUITE 250<br>ARDEN HILLS, MN 55126

**Form 13F File Number:** 028-14840

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:** Nicole Alexander<br>**Title:** Chief Compliance Officer<br>**Phone:** 888-824-3525

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

Nicole Alexander  Arden Hills, MN  07-08-2025<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:** 358

**Form 13F Information Table Value Total:** $5469904548

      (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 |
| ABBOTT LABS | COM | 002824100 |  | 39855160 | 293031 | SH |  | SOLE |  | 0 | 0 | 293031 |
| ABBVIE INC | COM | 00287Y109 |  | 15556892 | 83810 | SH |  | SOLE |  | 0 | 0 | 83810 |
| ABRDN INCOME CREDIT STRATEGI | COM | 003057106 |  | 69154 | 11721 | SH |  | SOLE |  | 0 | 0 | 11721 |
| ABRDN PALLADIUM ETF TRUST | PHYSICAL PALLADM | 003262102 |  | 4137989 | 41129 | SH |  | SOLE |  | 0 | 0 | 41129 |
| ABRDN PLATINUM ETF TRUST | PHYSCL PLATM SHS | 003260106 |  | 5470541 | 44523 | SH |  | SOLE |  | 0 | 0 | 44523 |
| ABRDN SILVER ETF TRUST | PHYSCL SILVR SHS | 003264108 |  | 9004718 | 261689 | SH |  | SOLE |  | 0 | 0 | 261689 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 11836664 | 39602 | SH |  | SOLE |  | 0 | 0 | 39602 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 423855 | 2987 | SH |  | SOLE |  | 0 | 0 | 2987 |
| AFLAC INC | COM | 001055102 |  | 752352 | 7134 | SH |  | SOLE |  | 0 | 0 | 7134 |
| AIM ETF PRODUCTS TRUST | US LRGCP B10 APR | 00888H109 |  | 1121288 | 28557 | SH |  | SOLE |  | 0 | 0 | 28557 |
| AIM ETF PRODUCTS TRUST | US LRGCP B20 APR | 00888H208 |  | 942174 | 28240 | SH |  | SOLE |  | 0 | 0 | 28240 |
| AIM ETF PRODUCTS TRUST | US LRGCP B20 JUL | 00888H406 |  | 953076 | 25641 | SH |  | SOLE |  | 0 | 0 | 25641 |
| AIM ETF PRODUCTS TRUST | US LRGCP B10 JUL | 00888H307 |  | 25279917 | 605507 | SH |  | SOLE |  | 0 | 0 | 605507 |
| AIM ETF PRODUCTS TRUST | US LRGCP B10 OCT | 00888H604 |  | 1542540 | 38429 | SH |  | SOLE |  | 0 | 0 | 38429 |
| AIM ETF PRODUCTS TRUST | US LRGCP B10 JAN | 00888H703 |  | 2325311 | 61544 | SH |  | SOLE |  | 0 | 0 | 61544 |
| AIM ETF PRODUCTS TRUST | US LRGCP B20 JAN | 00888H802 |  | 1829039 | 52357 | SH |  | SOLE |  | 0 | 0 | 52357 |
| AIM ETF PRODUCTS TRUST | US LRGCP B20 OCT | 00888H505 |  | 38187473 | 1031815 | SH |  | SOLE |  | 0 | 0 | 1031815 |
| AIM ETF PRODUCTS TRUST | US LRGCP B10 FEB | 00888H828 |  | 46462157 | 1323678 | SH |  | SOLE |  | 0 | 0 | 1323678 |
| ALEXANDRIA REAL ESTATE EQ IN | COM | 015271109 |  | 1360360 | 18730 | SH |  | SOLE |  | 0 | 0 | 18730 |
| ALLIANT ENERGY CORP | COM | 018802108 |  | 235228 | 3890 | SH |  | SOLE |  | 0 | 0 | 3890 |
| ALLSTATE CORP | COM | 020002101 |  | 11858327 | 58906 | SH |  | SOLE |  | 0 | 0 | 58906 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 1351118 | 7667 | SH |  | SOLE |  | 0 | 0 | 7667 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 86582543 | 488091 | SH |  | SOLE |  | 0 | 0 | 488091 |
| AMAZON COM INC | COM | 023135106 |  | 120731986 | 550308 | SH |  | SOLE |  | 0 | 0 | 550308 |
| AMCOR PLC | ORD | G0250X107 |  | 687201 | 74777 | SH |  | SOLE |  | 0 | 0 | 74777 |
| AMERICAN CENTY ETF TR | US EQT ETF | 025072885 |  | 9709335 | 96304 | SH |  | SOLE |  | 0 | 0 | 96304 |
| AMERICAN CENTY ETF TR | INTL EQT ETF | 025072703 |  | 89127125 | 1204258 | SH |  | SOLE |  | 0 | 0 | 1204258 |
| AMERICAN CENTY ETF TR | AVANTIS EMGMKT | 025072604 |  | 70084157 | 1022529 | SH |  | SOLE |  | 0 | 0 | 1022529 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 |  | 333269 | 3212 | SH |  | SOLE |  | 0 | 0 | 3212 |
| AMERICAN EXPRESS CO | COM | 025816109 |  | 714805 | 2241 | SH |  | SOLE |  | 0 | 0 | 2241 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 13824992 | 62551 | SH |  | SOLE |  | 0 | 0 | 62551 |
| AMGEN INC | COM | 031162100 |  | 13188718 | 47236 | SH |  | SOLE |  | 0 | 0 | 47236 |
| AMPHENOL CORP NEW | CL A | 032095101 |  | 28419098 | 287788 | SH |  | SOLE |  | 0 | 0 | 287788 |
| AMPLIFY ETF TR | BLOCKCHAIN LDR | 032108607 |  | 19718792 | 345277 | SH |  | SOLE |  | 0 | 0 | 345277 |
| AMPLIFY ETF TR | COWS COVERED CAL | 032108680 |  | 7225823 | 316506 | SH |  | SOLE |  | 0 | 0 | 316506 |
| ANGEL OAK FUNDS TRUST | MORTGAGE BACKED | 03463K737 |  | 40230128 | 4658960 | SH |  | SOLE |  | 0 | 0 | 4658960 |
| ANTERO RESOURCES CORP | COM | 03674X106 |  | 540115 | 13409 | SH |  | SOLE |  | 0 | 0 | 13409 |
| APPLE INC | COM | 037833100 |  | 95458416 | 465265 | SH |  | SOLE |  | 0 | 0 | 465265 |
| ARES CAPITAL CORP | COM | 04010L103 |  | 342313 | 15588 | SH |  | SOLE |  | 0 | 0 | 15588 |
| ARES MANAGEMENT CORPORATION | CL A COM STK | 03990B101 |  | 14265461 | 82364 | SH |  | SOLE |  | 0 | 0 | 82364 |
| ARK ETF TR | NEXT GNRTN INTER | 00214Q401 |  | 20316055 | 137624 | SH |  | SOLE |  | 0 | 0 | 137624 |
| ARK ETF TR | ARK SPACE EXPL | 00214Q807 |  | 245756 | 10172 | SH |  | SOLE |  | 0 | 0 | 10172 |
| ASML HOLDING N V | N Y REGISTRY SHS | N07059210 |  | 1880061 | 2346 | SH |  | SOLE |  | 0 | 0 | 2346 |
| ASTRAZENECA PLC | SPONSORED ADR | 046353108 |  | 638913 | 9143 | SH |  | SOLE |  | 0 | 0 | 9143 |
| AT INC | COM | 00206R102 |  | 13069922 | 451621 | SH |  | SOLE |  | 0 | 0 | 451621 |
| AVERY DENNISON CORP | COM | 053611109 |  | 12194271 | 69495 | SH |  | SOLE |  | 0 | 0 | 69495 |
| AZEK CO INC | CL A | 05478C105 |  | 27001189 | 496802 | SH |  | SOLE |  | 0 | 0 | 496802 |
| BAKER HUGHES COMPANY | CL A | 05722G100 |  | 17602943 | 459127 | SH |  | SOLE |  | 0 | 0 | 459127 |
| BALL CORP | COM | 058498106 |  | 12817283 | 228513 | SH |  | SOLE |  | 0 | 0 | 228513 |
| BANK AMERICA CORP | COM | 060505104 |  | 31870058 | 673501 | SH |  | SOLE |  | 0 | 0 | 673501 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 37516003 | 77230 | SH |  | SOLE |  | 0 | 0 | 77230 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 |  | 728800 | 1 | SH |  | SOLE |  | 0 | 0 | 1 |
| BLACKSTONE INC | COM | 09260D107 |  | 11800468 | 78891 | SH |  | SOLE |  | 0 | 0 | 78891 |
| BOEING CO | COM | 097023105 |  | 990239 | 4726 | SH |  | SOLE |  | 0 | 0 | 4726 |
| BONDBLOXX ETF TRUST | IR M TAXAWARE | 09789C721 |  | 411004 | 8051 | SH |  | SOLE |  | 0 | 0 | 8051 |
| BONDBLOXX ETF TRUST | BONDBLOXX PRIVAT | 09789C671 |  | 27817653 | 552157 | SH |  | SOLE |  | 0 | 0 | 552157 |
| BONDBLOXX ETF TRUST | BBB RATED 1 5 YE | 09789C754 |  | 40306432 | 784172 | SH |  | SOLE |  | 0 | 0 | 784172 |
| BONDBLOXX ETF TRUST | BLOOMBERG FVE YR | 09789C838 |  | 52402716 | 1061858 | SH |  | SOLE |  | 0 | 0 | 1061858 |
| BONDBLOXX ETF TRUST | BLOOMBERG SEVEN | 09789C820 |  | 36273947 | 757601 | SH |  | SOLE |  | 0 | 0 | 757601 |
| BONDBLOXX ETF TRUST | BLOOMBERG TEN YR | 09789C812 |  | 20040424 | 434151 | SH |  | SOLE |  | 0 | 0 | 434151 |
| BONDBLOXX ETF TRUST | BLOOMBERG THREE | 09789C846 |  | 32273159 | 648316 | SH |  | SOLE |  | 0 | 0 | 648316 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 |  | 23459899 | 218414 | SH |  | SOLE |  | 0 | 0 | 218414 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 249145 | 5382 | SH |  | SOLE |  | 0 | 0 | 5382 |
| BROADCOM INC | COM | 11135F101 |  | 59320527 | 215202 | SH |  | SOLE |  | 0 | 0 | 215202 |
| BUILDERS FIRSTSOURCE INC | COM | 12008R107 |  | 952074 | 8159 | SH |  | SOLE |  | 0 | 0 | 8159 |
| CANADIAN IMPERIAL BK COMM | COM | 136069101 |  | 733445 | 10355 | SH |  | SOLE |  | 0 | 0 | 10355 |
| CANADIAN NAT RES LTD | COM | 136385101 |  | 580680 | 18493 | SH |  | SOLE |  | 0 | 0 | 18493 |
| CANADIAN NATL RY CO | COM | 136375102 |  | 687912 | 6612 | SH |  | SOLE |  | 0 | 0 | 6612 |
| CARDINAL HEALTH INC | COM | 14149Y108 |  | 17740908 | 105601 | SH |  | SOLE |  | 0 | 0 | 105601 |
| CATERPILLAR INC | COM | 149123101 |  | 423951 | 1092 | SH |  | SOLE |  | 0 | 0 | 1092 |
| CHENIERE ENERGY INC | COM NEW | 16411R208 |  | 540127 | 2218 | SH |  | SOLE |  | 0 | 0 | 2218 |
| CHEVRON CORP NEW | COM | 166764100 |  | 45449251 | 317405 | SH |  | SOLE |  | 0 | 0 | 317405 |
| CHIPOTLE MEXICAN GRILL INC | COM | 169656105 |  | 1622398 | 28894 | SH |  | SOLE |  | 0 | 0 | 28894 |
| CHOICEONE FINL SVCS INC | COM | 170386106 |  | 267427 | 9318 | SH |  | SOLE |  | 0 | 0 | 9318 |
| CHUBB LIMITED | COM | H1467J104 |  | 13476293 | 46515 | SH |  | SOLE |  | 0 | 0 | 46515 |
| CINTAS CORP | COM | 172908105 |  | 248946 | 1117 | SH |  | SOLE |  | 0 | 0 | 1117 |
| CISCO SYS INC | COM | 17275R102 |  | 263547 | 3799 | SH |  | SOLE |  | 0 | 0 | 3799 |
| CITIGROUP INC | COM NEW | 172967424 |  | 2399873 | 28194 | SH |  | SOLE |  | 0 | 0 | 28194 |
| COCA COLA CO | COM | 191216100 |  | 37505269 | 530110 | SH |  | SOLE |  | 0 | 0 | 530110 |
| COCA-COLA EUROPACIFIC PARTNE | SHS | G25839104 |  | 755204 | 8145 | SH |  | SOLE |  | 0 | 0 | 8145 |
| COCA-COLA FEMSA SAB DE CV | SPONS ADS REP | 191241108 |  | 737760 | 7627 | SH |  | SOLE |  | 0 | 0 | 7627 |
| COHEN  STEERS ETF TRUST | NATURAL RES ACTI | 19249U302 |  | 15633624 | 590911 | SH |  | SOLE |  | 0 | 0 | 590911 |
| COLGATE PALMOLIVE CO | COM | 194162103 |  | 299425 | 3294 | SH |  | SOLE |  | 0 | 0 | 3294 |
| COLUMBIA ETF TR I | RESH ENHNC COR | 19761L706 |  | 74747200 | 2031726 | SH |  | SOLE |  | 0 | 0 | 2031726 |
| COMERICA INC | COM | 200340107 |  | 299861 | 5027 | SH |  | SOLE |  | 0 | 0 | 5027 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 21641679 | 241160 | SH |  | SOLE |  | 0 | 0 | 241160 |
| CONSTELLATION BRANDS INC | CL A | 21036P108 |  | 9963153 | 61244 | SH |  | SOLE |  | 0 | 0 | 61244 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 24286951 | 24534 | SH |  | SOLE |  | 0 | 0 | 24534 |
| CRH PLC | ORD | G25508105 |  | 602024 | 6558 | SH |  | SOLE |  | 0 | 0 | 6558 |
| CSX CORP | COM | 126408103 |  | 270072 | 8277 | SH |  | SOLE |  | 0 | 0 | 8277 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 206509 | 4199 | SH |  | SOLE |  | 0 | 0 | 4199 |
| DEXCOM INC | COM | 252131107 |  | 23546284 | 269748 | SH |  | SOLE |  | 0 | 0 | 269748 |
| DIAMONDBACK ENERGY INC | COM | 25278X109 |  | 423467 | 3082 | SH |  | SOLE |  | 0 | 0 | 3082 |
| DIMENSIONAL ETF TRUST | US EQUITY MARKET | 25434V401 |  | 6881815 | 102683 | SH |  | SOLE |  | 0 | 0 | 102683 |
| DIMENSIONAL ETF TRUST | US MKTWIDE VALUE | 25434V724 |  | 398574 | 9427 | SH |  | SOLE |  | 0 | 0 | 9427 |
| DISNEY WALT CO | COM | 254687106 |  | 709967 | 5725 | SH |  | SOLE |  | 0 | 0 | 5725 |
| DOLLAR GEN CORP NEW | COM | 256677105 |  | 1372674 | 12001 | SH |  | SOLE |  | 0 | 0 | 12001 |
| DOUBLELINE ETF TRUST | ASSET BACKED SEC | 25861R808 |  | 48502764 | 956788 | SH |  | SOLE |  | 0 | 0 | 956788 |
| DOUBLELINE ETF TRUST | MORTGAGE ETF | 25861R402 |  | 92022249 | 1875326 | SH |  | SOLE |  | 0 | 0 | 1875326 |
| DOUBLELINE ETF TRUST | COMMERCIAL REAL | 25861R303 |  | 15271368 | 293498 | SH |  | SOLE |  | 0 | 0 | 293498 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 555905 | 4711 | SH |  | SOLE |  | 0 | 0 | 4711 |
| DYNATRACE INC | COM NEW | 268150109 |  | 1781461 | 32267 | SH |  | SOLE |  | 0 | 0 | 32267 |
| EA SERIES TRUST | ALPHA ARCH 1-3 | 02072L565 |  | 3632014 | 32233 | SH |  | SOLE |  | 0 | 0 | 32233 |
| EAGLE MATLS INC | COM | 26969P108 |  | 1216096 | 6017 | SH |  | SOLE |  | 0 | 0 | 6017 |
| EATON CORP PLC | SHS | G29183103 |  | 26553273 | 74381 | SH |  | SOLE |  | 0 | 0 | 74381 |
| ECOLAB INC | COM | 278865100 |  | 22342996 | 82924 | SH |  | SOLE |  | 0 | 0 | 82924 |
| EDISON INTL | COM | 281020107 |  | 1426946 | 27654 | SH |  | SOLE |  | 0 | 0 | 27654 |
| ELI LILLY  CO | COM | 532457108 |  | 521542 | 669 | SH |  | SOLE |  | 0 | 0 | 669 |
| EOG RES INC | COM | 26875P101 |  | 403205 | 3371 | SH |  | SOLE |  | 0 | 0 | 3371 |
| EQUINIX INC | COM | 29444U700 |  | 19635047 | 24684 | SH |  | SOLE |  | 0 | 0 | 24684 |
| ETF SER SOLUTIONS | DEFIANCE QUANTUM | 26922A420 |  | 11650446 | 126890 | SH |  | SOLE |  | 0 | 0 | 126890 |
| EVERGY INC | COM | 30034W106 |  | 337481 | 4896 | SH |  | SOLE |  | 0 | 0 | 4896 |
| EXPAND ENERGY CORPORATION | COM | 165167735 |  | 2103896 | 17991 | SH |  | SOLE |  | 0 | 0 | 17991 |
| EXTRA SPACE STORAGE INC | COM | 30225T102 |  | 33925554 | 230097 | SH |  | SOLE |  | 0 | 0 | 230097 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 15148353 | 140523 | SH |  | SOLE |  | 0 | 0 | 140523 |
| FEDEX CORP | COM | 31428X106 |  | 390124 | 1716 | SH |  | SOLE |  | 0 | 0 | 1716 |
| FIRST CTZNS BANCSHARES INC N | CL A | 31946M103 |  | 741502 | 379 | SH |  | SOLE |  | 0 | 0 | 379 |
| FIRST TR EXCH TRADED FD III | PFD SECS INC ETF | 33739E108 |  | 7273714 | 408636 | SH |  | SOLE |  | 0 | 0 | 408636 |
| FIRST TR EXCHANGE-TRADED FD | FIRST TR ENH NEW | 33739Q408 |  | 25335988 | 423183 | SH |  | SOLE |  | 0 | 0 | 423183 |
| FIRST TR EXCHNG TRADED FD VI | SKYBRIDGE CRYPTO | 33740F540 |  | 29471901 | 1269793 | SH |  | SOLE |  | 0 | 0 | 1269793 |
| FIVE BELOW INC | COM | 33829M101 |  | 2182048 | 16634 | SH |  | SOLE |  | 0 | 0 | 16634 |
| FORD MTR CO | COM | 345370860 |  | 121991 | 11243 | SH |  | SOLE |  | 0 | 0 | 11243 |
| FORTINET INC | COM | 34959E109 |  | 2289578 | 21657 | SH |  | SOLE |  | 0 | 0 | 21657 |
| GE AEROSPACE | COM NEW | 369604301 |  | 263764 | 1025 | SH |  | SOLE |  | 0 | 0 | 1025 |
| GLOBAL PMTS INC | COM | 37940X102 |  | 1412021 | 17641 | SH |  | SOLE |  | 0 | 0 | 17641 |
| GLOBAL X FDS | GLBL X MLP ETF | 37954Y343 |  | 21842176 | 435103 | SH |  | SOLE |  | 0 | 0 | 435103 |
| GLOBAL X FDS | S 500 CATHOLIC | 37954Y889 |  | 1275482 | 16905 | SH |  | SOLE |  | 0 | 0 | 16905 |
| GLOBAL X FDS | S EX US ETF | 37954Y368 |  | 265039 | 7718 | SH |  | SOLE |  | 0 | 0 | 7718 |
| GLOBAL X FDS | MLP  ENERGY INF | 37960A479 |  | 7385219 | 293881 | SH |  | SOLE |  | 0 | 0 | 293881 |
| GOLDMAN SACHS ETF TR | JUST US LRG CP | 381430396 |  | 2136975 | 24304 | SH |  | SOLE |  | 0 | 0 | 24304 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 54640860 | 77204 | SH |  | SOLE |  | 0 | 0 | 77204 |
| HALLIBURTON CO | COM | 406216101 |  | 304650 | 14948 | SH |  | SOLE |  | 0 | 0 | 14948 |
| HEALTHEQUITY INC | COM | 42226A107 |  | 2062934 | 19692 | SH |  | SOLE |  | 0 | 0 | 19692 |
| HENRY JACK  ASSOC INC | COM | 426281101 |  | 270255 | 1500 | SH |  | SOLE |  | 0 | 0 | 1500 |
| HOME DEPOT INC | COM | 437076102 |  | 13177555 | 35941 | SH |  | SOLE |  | 0 | 0 | 35941 |
| HONEYWELL INTL INC | COM | 438516106 |  | 14205832 | 61001 | SH |  | SOLE |  | 0 | 0 | 61001 |
| HSBC HLDGS PLC | SPON ADR NEW | 404280406 |  | 749176 | 12324 | SH |  | SOLE |  | 0 | 0 | 12324 |
| HUNTINGTON INGALLS INDS INC | COM | 446413106 |  | 1604985 | 6647 | SH |  | SOLE |  | 0 | 0 | 6647 |
| ILLINOIS TOOL WKS INC | COM | 452308109 |  | 2179014 | 8813 | SH |  | SOLE |  | 0 | 0 | 8813 |
| INNOVATOR ETFS TRUST | US EQTY PWR BUF | 45782C813 |  | 1281209 | 29218 | SH |  | SOLE |  | 0 | 0 | 29218 |
| INNOVATOR ETFS TRUST | INNOVATOR DEEPW | 45782C862 |  | 12103076 | 193309 | SH |  | SOLE |  | 0 | 0 | 193309 |
| INNOVATOR ETFS TRUST | US EQT BUFR APR | 45782C888 |  | 46782252 | 1035285 | SH |  | SOLE |  | 0 | 0 | 1035285 |
| INNOVATOR ETFS TRUST | GRWT100 PWR BUF | 45782C615 |  | 1709663 | 31371 | SH |  | SOLE |  | 0 | 0 | 31371 |
| INNOVATOR ETFS TRUST | US EQTY BUF OCT | 45782C771 |  | 948314 | 20865 | SH |  | SOLE |  | 0 | 0 | 20865 |
| INNOVATOR ETFS TRUST | US EQTY BUFR JAN | 45782C409 |  | 1400011 | 27875 | SH |  | SOLE |  | 0 | 0 | 27875 |
| INNOVATOR ETFS TRUST | EQUITY DEFINED P | 45783Y244 |  | 372576 | 13226 | SH |  | SOLE |  | 0 | 0 | 13226 |
| INNOVATOR ETFS TRUST | NASDAQ 100  MANA | 45783Y681 |  | 609243 | 20417 | SH |  | SOLE |  | 0 | 0 | 20417 |
| INNOVATOR ETFS TRUST | EQUITY DEF PROTN | 45783Y541 |  | 26776262 | 933296 | SH |  | SOLE |  | 0 | 0 | 933296 |
| INNOVATOR ETFS TRUST | INNOVATOR INTER | 45783Y533 |  | 22504625 | 727954 | SH |  | SOLE |  | 0 | 0 | 727954 |
| INNOVATOR ETFS TRUST | QUITY MANAGD FLR | 45783Y673 |  | 608087 | 18114 | SH |  | SOLE |  | 0 | 0 | 18114 |
| INNOVATOR ETFS TRUST | GRADIENT TACTIC | 45783Y665 |  | 60801226 | 2465471 | SH |  | SOLE |  | 0 | 0 | 2465471 |
| INNOVATOR ETFS TRUST | GRWT100 PWR BF | 45782C466 |  | 2628850 | 51800 | SH |  | SOLE |  | 0 | 0 | 51800 |
| INNOVATOR ETFS TRUST | GRWT100 PWR BUF | 45782C276 |  | 1930522 | 28365 | SH |  | SOLE |  | 0 | 0 | 28365 |
| INNOVATOR ETFS TRUST | EMRGNG MKT APRIL | 45782C359 |  | 11286198 | 403381 | SH |  | SOLE |  | 0 | 0 | 403381 |
| INNOVATOR ETFS TRUST | GRWT100 PWR BF | 45782C334 |  | 33442309 | 655603 | SH |  | SOLE |  | 0 | 0 | 655603 |
| INNOVATOR ETFS TRUST | US EQTY ACCELRT9 | 45783Y848 |  | 408158 | 12815 | SH |  | SOLE |  | 0 | 0 | 12815 |
| INNOVATOR ETFS TRUST | US EQT ACC 9 BFR | 45783Y780 |  | 605151 | 20078 | SH |  | SOLE |  | 0 | 0 | 20078 |
| INNOVATOR ETFS TRUST | US EQT ACLRTD 9 | 45783Y889 |  | 39308547 | 1092508 | SH |  | SOLE |  | 0 | 0 | 1092508 |
| INNOVATOR ETFS TRUST | US EQUITY ACCELE | 45783Y301 |  | 45917579 | 1249798 | SH |  | SOLE |  | 0 | 0 | 1249798 |
| INSULET CORP | COM | 45784P101 |  | 17428507 | 55473 | SH |  | SOLE |  | 0 | 0 | 55473 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 14955612 | 81515 | SH |  | SOLE |  | 0 | 0 | 81515 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 734607 | 2492 | SH |  | SOLE |  | 0 | 0 | 2492 |
| INTUIT | COM | 461202103 |  | 22633474 | 28736 | SH |  | SOLE |  | 0 | 0 | 28736 |
| INVESCO ACTIVELY MANAGED EXC | ULTRA SHRT DUR | 46090A887 |  | 72836748 | 1452667 | SH |  | SOLE |  | 0 | 0 | 1452667 |
| INVESCO EXCH TRADED FD TR II | KBW HIG DV YLD | 46138E610 |  | 7265688 | 523842 | SH |  | SOLE |  | 0 | 0 | 523842 |
| INVESCO EXCH TRADED FD TR II | S LOW VOL | 46138E354 |  | 221964 | 3048 | SH |  | SOLE |  | 0 | 0 | 3048 |
| INVESCO EXCH TRADED FD TR II | S 500 HB ETF | 46138E370 |  | 309365 | 3172 | SH |  | SOLE |  | 0 | 0 | 3172 |
| INVESCO EXCH TRD SLF IDX FD | INVSCO BLSH 26 | 46138J635 |  | 773063 | 33136 | SH |  | SOLE |  | 0 | 0 | 33136 |
| INVESCO EXCH TRD SLF IDX FD | BULETSHS 2027 | 46138J585 |  | 211977 | 9336 | SH |  | SOLE |  | 0 | 0 | 9336 |
| INVESCO EXCH TRD SLF IDX FD | BULSHS 2025 CB | 46138J825 |  | 3639131 | 175973 | SH |  | SOLE |  | 0 | 0 | 175973 |
| INVESCO EXCH TRD SLF IDX FD | BULSHS 2025 HY | 46138J817 |  | 702206 | 30438 | SH |  | SOLE |  | 0 | 0 | 30438 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 29473933 | 162176 | SH |  | SOLE |  | 0 | 0 | 162176 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 5180662 | 9391 | SH |  | SOLE |  | 0 | 0 | 9391 |
| INVITATION HOMES INC | COM | 46187W107 |  | 1657524 | 50534 | SH |  | SOLE |  | 0 | 0 | 50534 |
| ISHARES BITCOIN TRUST ETF | SHS BEN INT | 46438F101 |  | 1807103 | 29523 | SH |  | SOLE |  | 0 | 0 | 29523 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 |  | 5530085 | 88680 | SH |  | SOLE |  | 0 | 0 | 88680 |
| ISHARES TR | CORE S TTL STK | 464287150 |  | 230872 | 1710 | SH |  | SOLE |  | 0 | 0 | 1710 |
| ISHARES TR | PFD AND INCM SEC | 464288687 |  | 294375 | 9595 | SH |  | SOLE |  | 0 | 0 | 9595 |
| ISHARES TR | ISHS 1-5YR INVS | 464288646 |  | 33280032 | 630782 | SH |  | SOLE |  | 0 | 0 | 630782 |
| ISHARES TR | ESG MSCI KLD 400 | 464288570 |  | 4873079 | 41951 | SH |  | SOLE |  | 0 | 0 | 41951 |
| ISHARES TR | INTL SEL DIV ETF | 464288448 |  | 220450 | 6388 | SH |  | SOLE |  | 0 | 0 | 6388 |
| ISHARES TR | NATIONAL MUN ETF | 464288414 |  | 13365162 | 127921 | SH |  | SOLE |  | 0 | 0 | 127921 |
| ISHARES TR | SHRT NAT MUN ETF | 464288158 |  | 544354 | 5119 | SH |  | SOLE |  | 0 | 0 | 5119 |
| ISHARES TR | ISHS 5-10YR INVT | 464288638 |  | 21679678 | 406825 | SH |  | SOLE |  | 0 | 0 | 406825 |
| ISHARES TR | RUS TP200 GR ETF | 464289438 |  | 800911 | 3249 | SH |  | SOLE |  | 0 | 0 | 3249 |
| ISHARES TR | ESG AWRE USD ETF | 46435G193 |  | 731661 | 31496 | SH |  | SOLE |  | 0 | 0 | 31496 |
| ISHARES TR | ESG AWARE MSCI | 46435U663 |  | 2880471 | 69694 | SH |  | SOLE |  | 0 | 0 | 69694 |
| ISHARES TR | ESG AWR US AGRGT | 46435U549 |  | 2166738 | 45577 | SH |  | SOLE |  | 0 | 0 | 45577 |
| ISHARES TR | CORE HIGH DV ETF | 46429B663 |  | 265273 | 2264 | SH |  | SOLE |  | 0 | 0 | 2264 |
| ISHARES TR | MSCI LW CRB TG | 46434V464 |  | 1618052 | 7639 | SH |  | SOLE |  | 0 | 0 | 7639 |
| ISHARES TR | MSCI USA QLT FCT | 46432F339 |  | 68640828 | 375456 | SH |  | SOLE |  | 0 | 0 | 375456 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 1684790 | 27165 | SH |  | SOLE |  | 0 | 0 | 27165 |
| ISHARES TR | CORE S ETF | 464287200 |  | 12979048 | 20904 | SH |  | SOLE |  | 0 | 0 | 20904 |
| ISHARES TR | S 500 GRWT ETF | 464287309 |  | 213154 | 1936 | SH |  | SOLE |  | 0 | 0 | 1936 |
| ISHARES TR | IBONDS 26 TRM TS | 46436E858 |  | 4598057 | 200526 | SH |  | SOLE |  | 0 | 0 | 200526 |
| ISHARES TR | IBONDS 25 TRM TS | 46436E866 |  | 4716079 | 201887 | SH |  | SOLE |  | 0 | 0 | 201887 |
| ISHARES TR | IBONDS 27 TRM TS | 46436E841 |  | 1180429 | 52487 | SH |  | SOLE |  | 0 | 0 | 52487 |
| ISHARES U S ETF TR | U.S. TECH INDEPD | 46431W648 |  | 11652251 | 123960 | SH |  | SOLE |  | 0 | 0 | 123960 |
| J P MORGAN EXCHANGE TRADED F | BETABUILDRS US | 46641Q399 |  | 65136457 | 581991 | SH |  | SOLE |  | 0 | 0 | 581991 |
| J P MORGAN EXCHANGE TRADED F | ULTRA SHT MUNCPL | 46641Q654 |  | 4906540 | 96358 | SH |  | SOLE |  | 0 | 0 | 96358 |
| J P MORGAN EXCHANGE TRADED F | BETABUILDERS US | 46641Q340 |  | 1122819 | 11522 | SH |  | SOLE |  | 0 | 0 | 11522 |
| J P MORGAN EXCHANGE TRADED F | REALTY INCOME ET | 46641Q126 |  | 7349781 | 154278 | SH |  | SOLE |  | 0 | 0 | 154278 |
| J P MORGAN EXCHANGE TRADED F | HEDGED EQUITY LA | 46654Q724 |  | 49218577 | 786491 | SH |  | SOLE |  | 0 | 0 | 786491 |
| JABIL INC | COM | 466313103 |  | 223771 | 1026 | SH |  | SOLE |  | 0 | 0 | 1026 |
| JANUS DETROIT STR TR | HENDERSON MTG | 47103U852 |  | 89565405 | 1988133 | SH |  | SOLE |  | 0 | 0 | 1988133 |
| JANUS DETROIT STR TR | HENDERSON SECURI | 47103U746 |  | 230265 | 4376 | SH |  | SOLE |  | 0 | 0 | 4376 |
| JANUS DETROIT STR TR | HENDRSON AAA CL | 47103U845 |  | 54857913 | 1080944 | SH |  | SOLE |  | 0 | 0 | 1080944 |
| JD.COM INC | SPON ADS CL A | 47215P106 |  | 592742 | 18160 | SH |  | SOLE |  | 0 | 0 | 18160 |
| JEFFERIES FINL GROUP INC | COM | 47233W109 |  | 2002201 | 36610 | SH |  | SOLE |  | 0 | 0 | 36610 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 33936836 | 222172 | SH |  | SOLE |  | 0 | 0 | 222172 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 54338100 | 187431 | SH |  | SOLE |  | 0 | 0 | 187431 |
| KENVUE INC | COM | 49177J102 |  | 12116853 | 578923 | SH |  | SOLE |  | 0 | 0 | 578923 |
| KEYCORP | COM | 493267108 |  | 1972693 | 113243 | SH |  | SOLE |  | 0 | 0 | 113243 |
| KROGER CO | COM | 501044101 |  | 443220 | 6179 | SH |  | SOLE |  | 0 | 0 | 6179 |
| L3HARRIS TECHNOLOGIES INC | COM | 502431109 |  | 14241861 | 56777 | SH |  | SOLE |  | 0 | 0 | 56777 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 23794979 | 244452 | SH |  | SOLE |  | 0 | 0 | 244452 |
| LINDE PLC | SHS | G54950103 |  | 686880 | 1464 | SH |  | SOLE |  | 0 | 0 | 1464 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 5539793 | 11961 | SH |  | SOLE |  | 0 | 0 | 11961 |
| LOWES COS INC | COM | 548661107 |  | 30408098 | 137054 | SH |  | SOLE |  | 0 | 0 | 137054 |
| LPL FINL HLDGS INC | COM | 50212V100 |  | 2206878 | 5885 | SH |  | SOLE |  | 0 | 0 | 5885 |
| LULULEMON ATHLETICA INC | COM | 550021109 |  | 1248483 | 5255 | SH |  | SOLE |  | 0 | 0 | 5255 |
| M/I HOMES INC | COM | 55305B101 |  | 1855250 | 16547 | SH |  | SOLE |  | 0 | 0 | 16547 |
| MARATHON PETE CORP | COM | 56585A102 |  | 582382 | 3506 | SH |  | SOLE |  | 0 | 0 | 3506 |
| MAYVILLE ENGR CO INC | COM | 578605107 |  | 344241 | 21569 | SH |  | SOLE |  | 0 | 0 | 21569 |
| MCDONALDS CORP | COM | 580135101 |  | 35442872 | 121309 | SH |  | SOLE |  | 0 | 0 | 121309 |
| MCKESSON CORP | COM | 58155Q103 |  | 300490 | 410 | SH |  | SOLE |  | 0 | 0 | 410 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 39372861 | 451679 | SH |  | SOLE |  | 0 | 0 | 451679 |
| MERCK  CO INC | COM | 58933Y105 |  | 366822 | 4634 | SH |  | SOLE |  | 0 | 0 | 4634 |
| META PLATFORMS INC | CL A | 30303M102 |  | 89824653 | 121699 | SH |  | SOLE |  | 0 | 0 | 121699 |
| MICROSOFT CORP | COM | 594918104 |  | 135988205 | 273393 | SH |  | SOLE |  | 0 | 0 | 273393 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 46652507 | 331198 | SH |  | SOLE |  | 0 | 0 | 331198 |
| NATIONAL GRID PLC | SPONSORED ADR NE | 636274409 |  | 747374 | 10044 | SH |  | SOLE |  | 0 | 0 | 10044 |
| NEOS ETF TRUST | NEOS S 500 HI | 78433H303 |  | 83983232 | 1668983 | SH |  | SOLE |  | 0 | 0 | 1668983 |
| NEOS ETF TRUST | RUSSELL 2000 HIG | 78433H634 |  | 7331889 | 161389 | SH |  | SOLE |  | 0 | 0 | 161389 |
| NEOS ETF TRUST | NEOS ENH INC 1-3 | 78433H501 |  | 21367053 | 429661 | SH |  | SOLE |  | 0 | 0 | 429661 |
| NETFLIX INC | COM | 64110L106 |  | 34089547 | 25456 | SH |  | SOLE |  | 0 | 0 | 25456 |
| NEW YORK TIMES CO | CL A | 650111107 |  | 14689828 | 262412 | SH |  | SOLE |  | 0 | 0 | 262412 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 29517218 | 425198 | SH |  | SOLE |  | 0 | 0 | 425198 |
| NNN REIT INC | COM | 637417106 |  | 212748 | 4927 | SH |  | SOLE |  | 0 | 0 | 4927 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 13188777 | 26379 | SH |  | SOLE |  | 0 | 0 | 26379 |
| NOVARTIS AG | SPONSORED ADR | 66987V109 |  | 776742 | 6419 | SH |  | SOLE |  | 0 | 0 | 6419 |
| NOVO-NORDISK A S | ADR | 670100205 |  | 889668 | 12890 | SH |  | SOLE |  | 0 | 0 | 12890 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 121969281 | 772006 | SH |  | SOLE |  | 0 | 0 | 772006 |
| OCCIDENTAL PETE CORP | COM | 674599105 |  | 1841424 | 43833 | SH |  | SOLE |  | 0 | 0 | 43833 |
| ON SEMICONDUCTOR CORP | COM | 682189105 |  | 1454220 | 27747 | SH |  | SOLE |  | 0 | 0 | 27747 |
| ORACLE CORP | COM | 68389X105 |  | 16776550 | 76735 | SH |  | SOLE |  | 0 | 0 | 76735 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 |  | 3265770 | 36234 | SH |  | SOLE |  | 0 | 0 | 36234 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 760257 | 5577 | SH |  | SOLE |  | 0 | 0 | 5577 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 31211681 | 152520 | SH |  | SOLE |  | 0 | 0 | 152520 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 24095890 | 324218 | SH |  | SOLE |  | 0 | 0 | 324218 |
| PEPSICO INC | COM | 713448108 |  | 11948748 | 90493 | SH |  | SOLE |  | 0 | 0 | 90493 |
| PFIZER INC | COM | 717081103 |  | 19618902 | 809361 | SH |  | SOLE |  | 0 | 0 | 809361 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 236951 | 1301 | SH |  | SOLE |  | 0 | 0 | 1301 |
| PIMCO ETF TR | INTER MUN BD ACT | 72201R866 |  | 335484 | 6532 | SH |  | SOLE |  | 0 | 0 | 6532 |
| PIMCO ETF TR | SHTRM MUN BD ACT | 72201R874 |  | 214276 | 4271 | SH |  | SOLE |  | 0 | 0 | 4271 |
| PIMCO ETF TR | PREFERRED AND CP | 72201R619 |  | 51061045 | 1001796 | SH |  | SOLE |  | 0 | 0 | 1001796 |
| PIMCO ETF TR | SR LN ACTIVE ETF | 72201R627 |  | 7356219 | 144259 | SH |  | SOLE |  | 0 | 0 | 144259 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 34379386 | 215788 | SH |  | SOLE |  | 0 | 0 | 215788 |
| PROGRESSIVE CORP | COM | 743315103 |  | 803249 | 3010 | SH |  | SOLE |  | 0 | 0 | 3010 |
| PROSHARES TR | DJ BRKFLD GLB | 74347B508 |  | 14930682 | 277254 | SH |  | SOLE |  | 0 | 0 | 277254 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 1878864 | 17488 | SH |  | SOLE |  | 0 | 0 | 17488 |
| PRUDENTIAL PLC | ADR | 74435K204 |  | 909952 | 36369 | SH |  | SOLE |  | 0 | 0 | 36369 |
| QUALCOMM INC | COM | 747525103 |  | 238927 | 1500 | SH |  | SOLE |  | 0 | 0 | 1500 |
| QUANTA SVCS INC | COM | 74762E102 |  | 25210397 | 66680 | SH |  | SOLE |  | 0 | 0 | 66680 |
| REALTY INCOME CORP | COM | 756109104 |  | 229173 | 3978 | SH |  | SOLE |  | 0 | 0 | 3978 |
| RELX PLC | SPONSORED ADR | 759530108 |  | 702616 | 12930 | SH |  | SOLE |  | 0 | 0 | 12930 |
| ROCKWELL AUTOMATION INC | COM | 773903109 |  | 475003 | 1430 | SH |  | SOLE |  | 0 | 0 | 1430 |
| ROYAL BK CDA | COM | 780087102 |  | 627888 | 4773 | SH |  | SOLE |  | 0 | 0 | 4773 |
| RTX CORPORATION | COM | 75513E101 |  | 15939870 | 109162 | SH |  | SOLE |  | 0 | 0 | 109162 |
| RYANAIR HOLDINGS PLC | SPONSORED ADR | 783513203 |  | 799249 | 13859 | SH |  | SOLE |  | 0 | 0 | 13859 |
| SAIA INC | COM | 78709Y105 |  | 1306658 | 4769 | SH |  | SOLE |  | 0 | 0 | 4769 |
| SALESFORCE INC | COM | 79466L302 |  | 12223124 | 44824 | SH |  | SOLE |  | 0 | 0 | 44824 |
| SANOFI | SPONSORED ADR | 80105N105 |  | 596870 | 12355 | SH |  | SOLE |  | 0 | 0 | 12355 |
| SCHLUMBERGER LTD | COM STK | 806857108 |  | 17379675 | 514192 | SH |  | SOLE |  | 0 | 0 | 514192 |
| SCHWAB STRATEGIC TR | US LRG CAP ETF | 808524201 |  | 7606535 | 311233 | SH |  | SOLE |  | 0 | 0 | 311233 |
| SCHWAB STRATEGIC TR | US LCAP GR ETF | 808524300 |  | 377393 | 12920 | SH |  | SOLE |  | 0 | 0 | 12920 |
| SCHWAB STRATEGIC TR | US LCAP VA ETF | 808524409 |  | 201493 | 7282 | SH |  | SOLE |  | 0 | 0 | 7282 |
| SCHWAB STRATEGIC TR | FUNDAMENTAL INTL | 808524755 |  | 247244 | 6178 | SH |  | SOLE |  | 0 | 0 | 6178 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 |  | 1266282 | 47784 | SH |  | SOLE |  | 0 | 0 | 47784 |
| SELECT SECTOR SPDR TR | FINANCIAL | 81369Y605 |  | 362034 | 6913 | SH |  | SOLE |  | 0 | 0 | 6913 |
| SELECT SECTOR SPDR TR | SBI CONS DISCR | 81369Y407 |  | 254276 | 1170 | SH |  | SOLE |  | 0 | 0 | 1170 |
| SEMPRA | COM | 816851109 |  | 742110 | 9794 | SH |  | SOLE |  | 0 | 0 | 9794 |
| SERIES PORTFOLIOS TR | ELDRIDGE BBB B | 81752T528 |  | 13226416 | 494630 | SH |  | SOLE |  | 0 | 0 | 494630 |
| SERVICENOW INC | COM | 81762P102 |  | 25215706 | 24527 | SH |  | SOLE |  | 0 | 0 | 24527 |
| SHELL PLC | SPON ADS | 780259305 |  | 805721 | 11443 | SH |  | SOLE |  | 0 | 0 | 11443 |
| SHERWIN WILLIAMS CO | COM | 824348106 |  | 1111456 | 3237 | SH |  | SOLE |  | 0 | 0 | 3237 |
| SMITH A O CORP | COM | 831865209 |  | 448499 | 6840 | SH |  | SOLE |  | 0 | 0 | 6840 |
| SNAP INC | CL A | 83304A106 |  | 1322279 | 152161 | SH |  | SOLE |  | 0 | 0 | 152161 |
| SOUTHERN CO | COM | 842587107 |  | 255747 | 2785 | SH |  | SOLE |  | 0 | 0 | 2785 |
| SOUTHWEST AIRLS CO | COM | 844741108 |  | 17790830 | 548423 | SH |  | SOLE |  | 0 | 0 | 548423 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 494434 | 1622 | SH |  | SOLE |  | 0 | 0 | 1622 |
| SPDR INDEX SHS FDS | PORTFOLIO DEVLPD | 78463X889 |  | 85540447 | 2112631 | SH |  | SOLE |  | 0 | 0 | 2112631 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 503091 | 814 | SH |  | SOLE |  | 0 | 0 | 814 |
| SPDR SERIES TRUST | PORTFOLIO AGRGTE | 78464A649 |  | 99778236 | 3897587 | SH |  | SOLE |  | 0 | 0 | 3897587 |
| SPDR SERIES TRUST | PORTFOLIO INTRMD | 78464A375 |  | 558133 | 16621 | SH |  | SOLE |  | 0 | 0 | 16621 |
| SPDR SERIES TRUST | PORTFLI INTRMDIT | 78464A672 |  | 33193694 | 1153761 | SH |  | SOLE |  | 0 | 0 | 1153761 |
| SPDR SERIES TRUST | PORTFOLIO LN TSR | 78464A664 |  | 15967173 | 600721 | SH |  | SOLE |  | 0 | 0 | 600721 |
| SPDR SERIES TRUST | PORTFOLIO S | 78464A854 |  | 258401394 | 3554841 | SH |  | SOLE |  | 0 | 0 | 3554841 |
| SPDR SERIES TRUST | PORTFOLIO S | 78464A847 |  | 1904622 | 35024 | SH |  | SOLE |  | 0 | 0 | 35024 |
| SPDR SERIES TRUST | BLOOMBERG 1-3 MO | 78468R663 |  | 33189812 | 361821 | SH |  | SOLE |  | 0 | 0 | 361821 |
| SPDR SERIES TRUST | NUVEEN ICE MUNIC | 78468R721 |  | 988100 | 22120 | SH |  | SOLE |  | 0 | 0 | 22120 |
| SPDR SERIES TRUST | SPDR MSCI USA GE | 78468R747 |  | 787883 | 6312 | SH |  | SOLE |  | 0 | 0 | 6312 |
| SPDR SERIES TRUST | PORTFOLIO SH TSR | 78468R101 |  | 17282001 | 590031 | SH |  | SOLE |  | 0 | 0 | 590031 |
| SPDR SERIES TRUST | S 500 ESG ETF | 78468R531 |  | 3217935 | 54960 | SH |  | SOLE |  | 0 | 0 | 54960 |
| SPROTT PHYSICAL GOLD  SILVE | TR UNIT | 85208R101 |  | 223703 | 7432 | SH |  | SOLE |  | 0 | 0 | 7432 |
| SPROTT PHYSICAL SILVER TR | TR UNIT | 85207K107 |  | 3670005 | 299837 | SH |  | SOLE |  | 0 | 0 | 299837 |
| SSGA ACTIVE ETF TR | BLACKSTONE SENR | 78467V608 |  | 240393 | 5780 | SH |  | SOLE |  | 0 | 0 | 5780 |
| SSGA ACTIVE ETF TR | ULT SHT TRM BD | 78467V707 |  | 73063227 | 1796931 | SH |  | SOLE |  | 0 | 0 | 1796931 |
| SSGA ACTIVE TR | SPDR SSGA MY2026 | 78470P820 |  | 3661792 | 145946 | SH |  | SOLE |  | 0 | 0 | 145946 |
| SSGA ACTIVE TR | SPDR SSGA MY2027 | 78470P812 |  | 970832 | 38821 | SH |  | SOLE |  | 0 | 0 | 38821 |
| STARBUCKS CORP | COM | 855244109 |  | 33648794 | 367225 | SH |  | SOLE |  | 0 | 0 | 367225 |
| SUMITOMO MITSUI FINL GROUP I | SPONSORED ADR | 86562M209 |  | 654656 | 43326 | SH |  | SOLE |  | 0 | 0 | 43326 |
| SUNCOR ENERGY INC NEW | COM | 867224107 |  | 1268469 | 33871 | SH |  | SOLE |  | 0 | 0 | 33871 |
| SYNOPSYS INC | COM | 871607107 |  | 21141385 | 41237 | SH |  | SOLE |  | 0 | 0 | 41237 |
| SYSCO CORP | COM | 871829107 |  | 14327649 | 189169 | SH |  | SOLE |  | 0 | 0 | 189169 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 735413 | 3247 | SH |  | SOLE |  | 0 | 0 | 3247 |
| TARGET CORP | COM | 87612E106 |  | 26436697 | 267985 | SH |  | SOLE |  | 0 | 0 | 267985 |
| TE CONNECTIVITY PLC | ORD SHS | G87052109 |  | 716004 | 4245 | SH |  | SOLE |  | 0 | 0 | 4245 |
| TESLA INC | COM | 88160R101 |  | 2819550 | 8876 | SH |  | SOLE |  | 0 | 0 | 8876 |
| THE CIGNA GROUP | COM | 125523100 |  | 13095182 | 39613 | SH |  | SOLE |  | 0 | 0 | 39613 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 2095417 | 5168 | SH |  | SOLE |  | 0 | 0 | 5168 |
| TIDAL TR II | ROUNDHILL GENER | 88636J600 |  | 12642800 | 259180 | SH |  | SOLE |  | 0 | 0 | 259180 |
| TOTALENERGIES SE | SPONSORED ADS | 89151E109 |  | 677623 | 11038 | SH |  | SOLE |  | 0 | 0 | 11038 |
| TOYOTA MOTOR CORP | ADS | 892331307 |  | 592574 | 3440 | SH |  | SOLE |  | 0 | 0 | 3440 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 17672979 | 189421 | SH |  | SOLE |  | 0 | 0 | 189421 |
| UBS GROUP AG | SHS | H42097107 |  | 650190 | 19225 | SH |  | SOLE |  | 0 | 0 | 19225 |
| ULTA BEAUTY INC | COM | 90384S303 |  | 1937710 | 4142 | SH |  | SOLE |  | 0 | 0 | 4142 |
| UNITED RENTALS INC | COM | 911363109 |  | 30344063 | 40276 | SH |  | SOLE |  | 0 | 0 | 40276 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 38429638 | 123184 | SH |  | SOLE |  | 0 | 0 | 123184 |
| US BANCORP DEL | COM NEW | 902973304 |  | 364137 | 8047 | SH |  | SOLE |  | 0 | 0 | 8047 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 580157 | 4316 | SH |  | SOLE |  | 0 | 0 | 4316 |
| VANECK BITCOIN ETF | SH BEN INT | 92189K105 |  | 10600757 | 347908 | SH |  | SOLE |  | 0 | 0 | 347908 |
| VANECK ETF TRUST | MORNINGSTAR SMID | 92189H730 |  | 43027642 | 1236426 | SH |  | SOLE |  | 0 | 0 | 1236426 |
| VANECK ETF TRUST | CLO ETF | 92189H748 |  | 14706166 | 277737 | SH |  | SOLE |  | 0 | 0 | 277737 |
| VANECK ETF TRUST | INTRMDT MUNI ETF | 92189H201 |  | 445697 | 9802 | SH |  | SOLE |  | 0 | 0 | 9802 |
| VANECK ETF TRUST | VANECK SHRT MUNI | 92189F528 |  | 1563290 | 90573 | SH |  | SOLE |  | 0 | 0 | 90573 |
| VANECK ETF TRUST | HIGH YLD MUNIETF | 92189H409 |  | 216154 | 4305 | SH |  | SOLE |  | 0 | 0 | 4305 |
| VANECK ETF TRUST | MORTGAGE REIT | 92189F452 |  | 7219533 | 683668 | SH |  | SOLE |  | 0 | 0 | 683668 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 1644665 | 2895 | SH |  | SOLE |  | 0 | 0 | 2895 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 588333 | 1342 | SH |  | SOLE |  | 0 | 0 | 1342 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 3030805 | 9972 | SH |  | SOLE |  | 0 | 0 | 9972 |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 |  | 225361 | 3353 | SH |  | SOLE |  | 0 | 0 | 3353 |
| VANGUARD STAR FDS | VG TL INTL STK F | 921909768 |  | 748867 | 10839 | SH |  | SOLE |  | 0 | 0 | 10839 |
| VANGUARD WORLD FD | MEGA GRWTH IND | 921910816 |  | 247980 | 677 | SH |  | SOLE |  | 0 | 0 | 677 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 298720 | 6904 | SH |  | SOLE |  | 0 | 0 | 6904 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 |  | 16923388 | 38013 | SH |  | SOLE |  | 0 | 0 | 38013 |
| VERU INC | COM | 92536C103 |  | 10110 | 17377 | SH |  | SOLE |  | 0 | 0 | 17377 |
| VISA INC | COM CL A | 92826C839 |  | 51525805 | 145123 | SH |  | SOLE |  | 0 | 0 | 145123 |
| WALMART INC | COM | 931142103 |  | 38789496 | 396702 | SH |  | SOLE |  | 0 | 0 | 396702 |
| WASTE CONNECTIONS INC | COM | 94106B101 |  | 21458288 | 114922 | SH |  | SOLE |  | 0 | 0 | 114922 |
| WEATHERFORD INTL PLC | ORD SHS | G48833118 |  | 1149885 | 22856 | SH |  | SOLE |  | 0 | 0 | 22856 |
| WEC ENERGY GROUP INC | COM | 92939U106 |  | 639788 | 6140 | SH |  | SOLE |  | 0 | 0 | 6140 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 1115748 | 13926 | SH |  | SOLE |  | 0 | 0 | 13926 |
| WENDYS CO | COM | 95058W100 |  | 9554266 | 836626 | SH |  | SOLE |  | 0 | 0 | 836626 |
| WILLIAMS COS INC | COM | 969457100 |  | 499905 | 7959 | SH |  | SOLE |  | 0 | 0 | 7959 |
| WORLD GOLD TR | SPDR GLD MINIS | 98149E303 |  | 60452069 | 922651 | SH |  | SOLE |  | 0 | 0 | 922651 |
| XCEL ENERGY INC | COM | 98389B100 |  | 13485863 | 198030 | SH |  | SOLE |  | 0 | 0 | 198030 |
| ZIMMER BIOMET HOLDINGS INC | COM | 98956P102 |  | 16940716 | 185733 | SH |  | SOLE |  | 0 | 0 | 185733 |

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