Capital Wealth Alliance, LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PHYS	SPROTT PHYSICAL GOLD TR UNIT	735,701	$10,520	6.7%	$12.90	—	UNIT	85207H104
PSLV	SPROTT PHYSICAL SILVER TR TR UNIT	1,150,967	$10,120	6.5%	$7.54	—	TR UNIT	85207K107
ABT	ABBOTT LABS	73,843	$8,771	5.6%	$75.30	+42.5%	COM	002824100
AFIF	ANFIELD UNIVERSAL FIXED INCOME ETF	511,347	$4,983	3.2%	$9.71	—	ANFIELD UNVL ETF	90214Q766
IWB	ISHARES TR RUS 1000 ETF	19,090	$4,568	2.9%	$185.85	—	RUS 1000 ETF	464287622
IWP	ISHARES TR RUS MD CP GR ETF	36,939	$4,040	2.6%	$114.47	—	RUS MD CP GR ETF	464287481
AESR	ANFIELD U.S. EQUITY SECTOR ROTATION ETF	272,113	$3,652	2.3%	$9.16	—	ANFIELD US EQU	90214Q733
AAPL	APPLE INCORPORATED	25,137	$3,580	2.3%	$103.91	+21.7%	COM	037833100
BRK/B	BERKSHIRE HATHAWAY INCORPORATED DEL CLASS B NEW	10,750	$2,931	1.9%	$205.94	+35.7%	CL B NEW	084670702
IWM	ISHARES TR RUSSELL 2000 ETF	13,227	$2,800	1.8%	$165.86	—	RUSSELL 2000 ETF	464287655
ABBV	ABBVIE INCORPORATED	24,181	$2,790	1.8%	$65.39	+44.9%	COM	00287Y109
OUNZ	VANECK MERK GOLD TRUST	144,022	$2,539	1.6%	$15.61	—	GOLD TRUST	921078101
GDX	VANECK VECTORS GOLD MINERS ETF	73,857	$2,453	1.6%	$29.40	—	GOLD MINERS ETF	92189F106
SPHD	INVESCO S&P 500 HIGH DIVIDEND LOW VOLATILITY ETF	56,183	$2,406	1.5%	$41.61	—	S&P500 HDL VOL	46138E362
VNQ	VANGUARD REAL ESTATE ETF	21,696	$2,243	1.4%	$93.36	—	REAL ESTATE ETF	922908553
IYG	ISHARES TR U.S. FIN SVC ETF	11,451	$2,045	1.3%	$150.36	—	U.S. FIN SVC ETF	464287770
EFA	ISHARES TR MSCI EAFE ETF	26,120	$2,008	1.3%	$71.12	—	MSCI EAFE ETF	464287465
MSTR	MICROSTRATEGY INCORPORATED CLASS A NEW	4,012	$2,000	1.3%	$28.99	+104.0%	CL A NEW	594972408
—	GAMCO GLOBAL GOLD NAT RES & COM SH BEN INT	532,208	$1,985	1.3%	$4.05	—	COM SH BEN INT	36465A109
PDP	INVESCO DWA MOMENTUM ETF	22,805	$1,984	1.3%	$73.50	—	DWA MOMENTUM	46137V837
ACTG	ACACIA RESH CORPORATION ACACIA TCH COM	328,645	$1,909	1.2%	$3.25	+82.9%	ACACIA TCH COM	003881307
RSP	INVESCO S&P 500 EQUAL WEIGHT ETF	12,963	$1,902	1.2%	$139.81	—	S&P500 EQL WGT	46137V357
VEU	VANGUARD FTSE ALL-WORLD EX-US ETF	29,824	$1,832	1.2%	$59.26	—	ALLWRLD EX US	922042775
FXL	FIRST TRUST TECHNOLOGY ALPHADEX FUND	14,366	$1,719	1.1%	$79.92	—	TECH ALPHADEX	33734X176
SHY	ISHARES TR 1 3 YR TREAS BD	19,327	$1,666	1.1%	$86.56	—	1 3 YR TREAS BD	464287457
FXZ	FIRST TRUST MATERIALS ALPHADEX FUND	29,634	$1,592	1.0%	$55.13	—	MATERIALS ALPH	33734X168
QTEC	FIRST TRUST NASDAQ-100 TECHNOLOGY INDEX FUND	10,351	$1,585	1.0%	$106.87	—	SHS	337345102
VCR	VANGUARD CONSUMER DISCRETIONARY ETF	5,130	$1,574	1.0%	$265.08	—	CONSUM DIS ETF	92204A108
FXD	FIRST TRUST CONSUMER DISCRETIONARY ALPHADEX FUND	26,164	$1,518	1.0%	$56.79	—	CONSUMR DISCRE	33734X101
IGPT	INVESCO DYNAMIC SOFTWARE ETF	9,257	$1,438	0.9%	$109.78	—	DYNMC SOFTWARE	46137V639
QQQJ	INVESCO NASDAQ NEXT GEN 100 ETF	43,501	$1,426	0.9%	$32.24	—	NASDAQNXTGEN100	46138G631
DWAS	INVESCO DWA SMALLCAP MOMENTUM ETF	17,688	$1,408	0.9%	$85.03	—	DWA SMLCP MENT	46138E842
VGSH	VANGUARD SHORT-TERM TREASURY ETF	22,793	$1,401	0.9%	$62.08	—	SHORT TERM TREAS	92206C102
AIRR	FIRST TRUST RBA AMERICAN INDUSTRIAL RENAISSANCE ETF	36,282	$1,399	0.9%	$40.56	—	RBA INDL ETF	33738R704
—	ELEMENTS ROGERS INTERNATIONAL COMMODITY INDEX - AGRICULTURE TOTAL RETURN ETN	183,659	$1,392	0.9%	$7.06	—	ROG AGRI ETN22	870297603
TIP	ISHARES TR TIPS BD ETF	10,776	$1,390	0.9%	$119.85	—	TIPS BD ETF	464287176
DIS	DISNEY WALT COMPANY	7,592	$1,313	0.8%	$128.91	+36.3%	COM	254687106
TFLO	ISHARES TR TRS FLT RT BD	24,658	$1,239	0.8%	$50.33	—	TRS FLT RT BD	46434V860
IXUS	ISHARES TR CORE MSCI TOTAL	17,271	$1,225	0.8%	$70.25	—	CORE MSCI TOTAL	46432F834
PEZ	INVESCO DWA CONSUMER CYCLICALSMOMENTUM ETF	14,646	$1,216	0.8%	$78.50	—	DWA CYCLICALS	46137V803
—	INVITAE CORPORATION	40,000	$1,150	0.7%	$53.63	—	COM	46185L103
VCSH	VANGUARD SHORT-TERM CORPORATE BOND ETF	13,835	$1,144	0.7%	$82.71	—	SHRT TRM CORP BD	92206C409
—	ANFIELD CAPITAL DIVERSIFIED ALTERNATIVES ETF	109,214	$1,127	0.7%	$7.85	—	ANFIELD CAP DI	90213U115
FXH	FIRST TRUST HEALTH CARE ALPHADEX FUND	9,529	$1,117	0.7%	$94.45	—	HLTH CARE ALPH	33734X143
PRN	INVESCO DWA INDUSTRIALS MOMENTUM ETF	11,320	$1,073	0.7%	$77.12	—	DWA INDLS MUMT	46137V845
FTSM	FIRST TRUST ETF IV FIRST TRUST ENHANCED SHORT	17,624	$1,056	0.7%	$60.11	—	FIRST TR ENH NEW	33739Q408
JPST	JPMORGAN ULTRA-SHORT INCOME ETF	20,424	$1,035	0.7%	$50.56	—	ULTRA SHRT INC	46641Q837
—	ABERDEEN ASIA-PACIFIC INCOME F	242,989	$1,032	0.7%	$4.26	—	COM	003009107
MSFT	MICROSOFT CORPORATION	3,632	$1,006	0.6%	$161.61	+51.4%	COM	594918104
CEF	SPROTT PHYSICAL GOLD & SILVER TR UNIT	53,387	$988	0.6%	$15.42	—	TR UNIT	85208R101
—	GAMCO NAT RES GOLD & INCOME TR SH BEN INT	186,860	$979	0.6%	$5.98	—	SH BEN INT	36465E101
PSI	INVESCO DYNAMIC SEMICONDUCTORS ETF	8,265	$973	0.6%	$70.38	—	DYNMC SEMICNDT	46137V647
MUB	ISHARES TR NATIONAL MUN ETF	8,115	$956	0.6%	$115.79	—	NATIONAL MUN ETF	464288414
LII	LENNOX INTERNATIONAL INCORPORATED	2,940	$932	0.6%	$229.90	+38.6%	COM	526107107
QAI	IQ HEDGE MULTI-STRATEGY TRACKER ETF	28,573	$913	0.6%	$31.09	—	HEDGE MLTI ETF	45409B107
RTX	RAYTHEON TECHNOLOGIES CORPORATION	11,096	$899	0.6%	$56.38	+34.3%	COM	75513E101
—	WALGREENS BOOTS ALLIANCE INCORPORATED	18,931	$862	0.6%	$48.90	—	COM	931427108
TOTL	SPDR DOUBLELINE TOTAL RETURN TACTICAL ETF	17,376	$843	0.5%	$49.64	—	SPDR TR TACTIC	78467V848
PGX	INVESCO PREFERRED ETF	55,849	$843	0.5%	$15.06	—	PFD ETF	46138E511
SCZ	ISHARES TR EAFE SML CP ETF	10,928	$789	0.5%	$59.39	—	EAFE SML CP ETF	464288273
TSLA	TESLA INCORPORATED	1,181	$763	0.5%	$152.36	+42.5%	COM	88160R101
—	INVESCO MUN OPPORTUNITY TR	56,674	$762	0.5%	$12.77	—	COM	46132C107
GIS	GENERAL MLS INCORPORATED	11,604	$704	0.4%	$46.72	+13.2%	COM	370334104
—	NUVEEN CR STRATEGIES INCOME FD COM SHS	110,790	$702	0.4%	$6.09	—	COM SHS	67073D102
VBK	VANGUARD SMALL-CAP GROWTH ETF	2,541	$695	0.4%	$207.20	—	SML CP GRW ETF	922908595
XYZ	SQUARE INCORPORATED CLASS A	2,899	$677	0.4%	$190.28	+21.9%	CL A	852234103
IDV	ISHARES TR INTL SEL DIV ETF	21,541	$674	0.4%	$31.43	—	INTL SEL DIV ETF	464288448
—	POLARITYTE INCORPORATED	836,877	$643	0.4%	$1.02	—	COM	731094108
IEMG	ISHARES INCORPORATED CORE MSCI EMKT	9,794	$630	0.4%	$64.27	—	CORE MSCI EMKT	46434G103
JNJ	JOHNSON & JOHNSON	3,744	$624	0.4%	$120.06	+20.7%	COM	478160104
PYZ	INVESCO DWA BASIC MATERIALS MOMENTUM ETF	7,545	$603	0.4%	$72.82	—	DWA BASIC MATL	46137V704
RCL	ROYAL CARIBBEAN GROUP	8,394	$583	0.4%	$57.86	+48.0%	COM	V7780T103
PIO	INVESCO GLOBAL WATER RESOURCES ETF	14,256	$570	0.4%	$37.60	—	GLOBAL WATER	46138E651
UGA	UNITED STATES GASOLINE FUND, LP	16,773	$564	0.4%	$32.02	—	UNITS	91201T102
BA	BOEING COMPANY	2,693	$557	0.4%	$161.72	+49.5%	COM	097023105
NCLH	NORWEGIAN CRUISE LINE HLDG LIMITED SHS	25,224	$551	0.4%	$15.83	+90.4%	SHS	G66721104
VWO	VANGUARD FTSE EMERGING MARKETS ETF	10,435	$544	0.3%	$52.71	—	FTSE EMR MKT ETF	922042858
RSPN	INVESCO S&P 500 EQUAL WEIGHT INDUSTRIALS ETF	2,968	$540	0.3%	$181.94	—	S&P500 EQL IND	46137V324
—	FRANKLIN LIMITED DURATION INCOME T	57,264	$523	0.3%	$8.68	—	COM	35472T101
EEM	ISHARES TR MSCI EMG MKT ETF	9,765	$514	0.3%	$54.62	—	MSCI EMG MKT ETF	464287234
FXO	FIRST TRUST FINANCIALS ALPHADEX FUND	12,199	$505	0.3%	$41.56	—	FINLS ALPHADEX	33734X135
SGOL	ABERDEEN STANDARD PHYSICAL GOLD SHARES ETF	28,954	$504	0.3%	$15.27	—	PHYSCL GOLD SHS	00326A104
IWN	ISHARES TR RUS 2000 VAL ETF	3,260	$498	0.3%	$152.76	—	RUS 2000 VAL ETF	464287630
USMV	ISHARES TR MSCI USA MIN VOL	6,611	$493	0.3%	$61.27	—	MSCI USA MIN VOL	46429B697
PYPL	PAYPAL HLDGS INCORPORATED	1,543	$454	0.3%	$255.84	+3.0%	COM	70450Y103
DIA	SPDR DOW JONES INDUSTRIAL AVERAGE ETF TRUST	1,307	$444	0.3%	$264.13	—	UT SER 1	78467X109
XME	SPDR S&P METALS & MINING ETF	10,636	$419	0.3%	$39.39	—	S&P METALS MNG	78464A755
BRK/A	BERKSHIRE HATHAWAY INCORPORATED DEL CLASS A	1	$410	0.3%	$274034.30	+53.4%	CL A	084670108
JPM	JPMORGAN CHASE & COMPANY	2,627	$386	0.2%	$85.44	+63.5%	COM	46625H100
V	VISA INCORPORATED COM CLASS A	1,609	$386	0.2%	$207.18	+6.7%	COM CL A	92826C839
HFXI	IQ 50 PERCENT HEDGED FTSE INTERNATIONAL ETF	15,880	$384	0.2%	$23.89	—	HDGD FTSE INTL	45409B560
IDLV	INVESCO S&P INTERNATIONAL DEVELOPED LOW VOLATILITY ETF	12,391	$382	0.2%	$30.38	—	S&P INTL LOW	46138E230
DOW	DOW INCORPORATED	6,532	$377	0.2%	$36.07	+41.6%	COM	260557103
—	CORNERSTONE STRATEGIC VALUE FD	32,926	$376	0.2%	$11.27	—	COM	21924B302
T	AT&T INCORPORATED	12,726	$353	0.2%	$17.48	-2.8%	COM	00206R102
QQQ	INVESCO QQQ	991	$353	0.2%	$224.09	—	UNIT SER 1	46090E103
BABA	ALIBABA GROUP HLDG LIMITED SPONSORED ADS	1,659	$346	0.2%	$206.64	—	SPONSORED ADS	01609W102
CCL	CARNIVAL CORPORATION PAIRED CTF	17,420	$343	0.2%	$15.82	+77.0%	UNIT 99/99/9999	143658300
SUB	ISHARES TR SHRT NAT MUN ETF	2,968	$320	0.2%	$107.49	—	SHRT NAT MUN ETF	464288158
AMZN	AMAZON COM INCORPORATED	90	$319	0.2%	$166.20	0.0%	COM	023135106
—	SIX FLAGS ENTERTAINMENT CORPORATION NEW	8,740	$317	0.2%	$36.33	—	COM	83001A102
PG	PROCTER AND GAMBLE COMPANY	2,191	$307	0.2%	$116.70	+3.4%	COM	742718109
MA	MASTERCARD INCORPORATED CLASS A	838	$306	0.2%	$339.57	+6.7%	CL A	57636Q104
SIVR	ABERDEEN STANDARD PHYSICAL SILVER SHARES ETF	12,615	$306	0.2%	$18.39	—	PHYSCL SILVR SHS	003264108
MGM	MGM RESORTS INTERNATIONAL	8,319	$304	0.2%	$19.81	+108.7%	COM	552953101
AAL	AMERICAN AIRLS GROUP INCORPORATED	15,989	$303	0.2%	$12.53	+80.5%	COM	02376R102
—	EATON VANCE TAX-MANAGED DIVERS	20,785	$294	0.2%	$12.16	—	COM	27828N102
—	PIMCO STRATEGIC INCOME FD	37,813	$284	0.2%	$6.51	—	COM	72200X104
NSC	NORFOLK SOUTHN CORPORATION	1,097	$278	0.2%	$179.92	+39.1%	COM	655844108
VZ	VERIZON COMMUNICATIONS INCORPORATED	4,776	$266	0.2%	$42.50	+2.2%	COM	92343V104
SBNY	SIGNATURE BK NEW YORK N Y	1,160	$264	0.2%	$177.59	—	COM	82669G104
DIAL	COLUMBIA DIVERSIFIED FIXED INCOME ALLOCATION ETF	12,108	$262	0.2%	$21.84	—	DIVERSIFID FXD	19761L508
UAL	UNITED AIRLS HLDGS INCORPORATED	5,846	$254	0.2%	$34.59	+60.3%	COM	910047109
FLOT	ISHARES TR FLTG RATE NT ETF	4,989	$253	0.2%	$51.08	—	FLTG RATE NT ETF	46429B655
SPY	SPDR S&P 500 ETF	594	$252	0.2%	$315.46	—	TR UNIT	78462F103
WMT	WALMART INCORPORATED	1,737	$245	0.2%	$41.34	+6.0%	COM	931142103
CWST	CASELLA WASTE SYSTEMS INCORPORATED CLASS A	3,600	$231	0.1%	$54.72	+21.3%	CL A	147448104
FDN	FIRST TRUST DOW JONES INTERNET INDEX FUND	967	$231	0.1%	$223.77	—	DJ INTERNT IDX	33733E302
SBUX	STARBUCKS CORPORATION	1,978	$228	0.1%	$94.43	+7.7%	COM	855244109
CSCO	CISCO SYSTEMS INCORPORATED	4,254	$225	0.1%	$35.53	+29.0%	COM	17275R102
MU	MICRON TECHNOLOGY INCORPORATED	2,956	$220	0.1%	$58.84	+40.0%	COM	595112103
CVX	CHEVRON CORPORATION NEW	2,256	$216	0.1%	$79.58	+9.4%	COM	166764100
BAX	BAXTER INTERNATIONAL INCORPORATED	2,634	$211	0.1%	$75.68	0.0%	COM	071813109
MCD	MCDONALDS CORPORATION	920	$210	0.1%	$209.30	0.0%	COM	580135101
—	GUGGENHEIM STRATEGIC OPPORTUN COM SBI	9,833	$205	0.1%	$20.85	—	COM SBI	40167F101
QDF	FLEXSHARES QUALITY DIVIDEND INDEX FUND	3,637	$201	0.1%	$55.27	—	QUALT DIVD IDX	33939L860
—	NUVEEN DOW 30 DYNMC OVERWRT FD SHS	11,603	$195	0.1%	$17.45	—	SHS	67075F105
—	PGIM HIGH YIELD BOND FUND INCORPORATED	10,630	$169	0.1%	$13.83	—	COM	69346H100
—	INSEEGO CORPORATION	16,629	$140	0.1%	$9.67	—	COM	45782B104
—	WELLS FARGO ADV MULTI SCTR INCORPORATED	10,476	$132	0.1%	$12.60	—	COM	94987D101
—	SYNCHRONOSS TECHNOLOGIES INCORPORATED	39,539	$117	0.1%	$3.01	—	COM	87157B103
—	WESTERN ASSET HIGH INCOME OPPO	21,967	$112	0.1%	$4.90	—	COM	95766K109
—	GUGGENHEIM ENHANCED EQT INCM	13,028	$110	0.1%	$5.46	—	COM	40167B100
ADFI	ANFIELD DYNAMIC FIXED INCOME ETF	10,212	$99	0.1%	$9.69	—	ANFIELD DYNAMIC	90214Q725