MAGNOLIA CAPITAL ADVISORS LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MTUM	ISHARES TR MSCI USA MMENTM	69,318	$11,180	7.2%	$137.97	—	Equity	46432F396
VUG	VANGUARD GROWTH ETF	32,085	$8,129	5.2%	$227.62	—	Equity	922908736
AGG	ISHARES TR CORE US AGGBD ET	64,677	$7,644	4.9%	$113.56	—	Equity	464287226
IJR	ISHARES TR CORE S&P SCP ETF	80,396	$7,388	4.8%	$74.00	—	Equity	464287804
XCAPX	ACAP STRATEGIC FUND CLASS A M/F	267,655	$7,261	4.7%	$27.13	—	Alternative Investments	000843102
SHY	ISHARES TR 1 3 YR TREAS BD	71,049	$6,137	4.0%	$86.50	—	Equity	464287457
VGK	VANGUARD FTSE EUROPE ETF	91,304	$5,500	3.6%	$52.54	—	Equity	922042874
VLUE	ISHARES TR MSCI USA VALUE	62,280	$5,413	3.5%	$85.55	—	Equity	46432F388
AVUS	AVANTIS U.S. EQUITY ETF	80,345	$5,062	3.3%	$50.78	—	Equity	025072885
SCHD	SCHWAB US DIVIDEND EQUITY ETF	78,061	$5,007	3.2%	$52.59	—	Equity	808524797
QUAL	ISHARES TR MSCI USA QLT FCT	39,266	$4,563	2.9%	$96.52	—	Equity	46432F339
AVDE	AVANTIS INTERNATIONAL EQUITY ETF	75,770	$4,333	2.8%	$49.41	—	Equity	025072703
AAPL	APPLE INCORPORATED	31,790	$4,218	2.7%	$95.32	+22.8%	Equity	037833100
CIZN	CITIZENS HLDG COMPANY MISS	194,954	$4,084	2.6%	$15.68	+4.1%	Equity	174715102
ACWV	ISHARES INCORPORATED MSCI GBL MIN VOL	33,414	$3,238	2.1%	$91.92	—	Equity	464286525
VWO	VANGUARD FTSE EMERGING MARKETS ETF	59,064	$2,960	1.9%	$43.35	—	Equity	922042858
VPL	VANGUARD FTSE PACIFIC ETF	36,857	$2,933	1.9%	$68.19	—	Equity	922042866
EGP	EASTGROUP PPTYS INCORPORATED REIT	19,951	$2,754	1.8%	$132.65	—	REITs/Tangibles/LPs	277276101
VOO	VANGUARD INDEX FUNDS S&P 500 ETF SHS NEW	7,996	$2,748	1.8%	$296.58	—	Equity	922908363
IVV	ISHARES TR CORE S&P500 ETF	5,940	$2,230	1.4%	$300.22	—	Equity	464287200
GLD	SPDR GOLD SHARES	12,456	$2,222	1.4%	$167.88	—	Equity	78463V107
USMV	ISHARES TR MSCI USA MIN VOL	31,870	$2,163	1.4%	$64.07	—	Equity	46429B697
PFLEX	PIMCO FLEXIBLE CREDIT INCOME FUND INSTITUTIONAL CLASS N/L	225,084	$2,082	1.3%	$9.25	—	Alternative Investments	72202M106
AMZN	AMAZON COM INCORPORATED	553	$1,801	1.2%	$92.46	+72.6%	Equity	023135106
IEFA	ISHARES TR CORE MSCI EAFE	22,044	$1,523	1.0%	$64.28	—	Equity	46432F842
VTI	VANGUARD TOTAL STOCK MARKET ETF	7,552	$1,470	0.9%	$174.44	—	Equity	922908769
BRK/B	BERKSHIRE HATHAWAY INCORPORATED DEL CLASS B NEW	6,272	$1,454	0.9%	$215.57	+2.1%	Equity	084670702
IJH	ISHARES TR CORE S&P MCP ETF	6,255	$1,438	0.9%	$193.10	—	Equity	464287507
ITOT	ISHARES TR CORE S&P TTL STK	15,705	$1,354	0.9%	$70.23	—	Equity	464287150
MSFT	MICROSOFT CORPORATION	5,951	$1,324	0.9%	$140.51	+46.6%	Equity	594918104
IUSG	ISHARES TR CORE S&P US GWT	12,452	$1,104	0.7%	$65.19	—	Equity	464287671
VXUS	VANGUARD TOTAL INTERNATIONAL STOCK ETF	18,015	$1,084	0.7%	$52.38	—	Equity	921909768
HD	HOME DEPOT INCORPORATED	3,527	$937	0.6%	$218.18	+11.1%	Equity	437076102
RNST	RENASANT CORPORATION	27,744	$934	0.6%	$35.29	-13.5%	Equity	75970E107
IUSV	ISHARES TR CORE S&P US VLU	14,899	$927	0.6%	$58.91	—	Equity	464287663
CVX	CHEVRON CORPORATION NEW	10,918	$922	0.6%	$88.04	-26.1%	Equity	166764100
JPM	JPMORGAN CHASE & COMPANY	6,776	$861	0.6%	$106.83	-8.1%	Equity	46625H100
T	AT&T INCORPORATED	28,697	$825	0.5%	$18.76	-18.0%	Equity	00206R102
SO	SOUTHERN COMPANY	12,979	$797	0.5%	$48.90	+1.3%	Equity	842587107
WMT	WALMART INCORPORATED	5,459	$787	0.5%	$37.90	+19.4%	Equity	931142103
IEMG	ISHARES INCORPORATED CORE MSCI EMKT	12,541	$778	0.5%	$53.89	—	Equity	46434G103
DHR	DANAHER CORPORATION	3,500	$777	0.5%	$122.98	+59.4%	Equity	235851102
VZ	VERIZON COMMUNICATIONS INCORPORATED	9,990	$587	0.4%	$42.72	+3.0%	Equity	92343V104
BA	BOEING COMPANY	2,629	$563	0.4%	$179.03	+7.4%	Equity	097023105
META	FACEBOOK INCORPORATED CLASS A	2,035	$556	0.4%	$209.00	+30.3%	Equity	30303M102
GOOGL	ALPHABET INCORPORATED CAP STK CLASS A	313	$549	0.4%	$68.03	+22.7%	Equity	02079K305
DIS	DISNEY WALT COMPANY	3,021	$547	0.4%	$127.91	+9.6%	Equity	254687106
MRK	MERCK & COMPANY. INCORPORATED	6,341	$519	0.3%	$67.33	-3.7%	Equity	58933Y105
TSLA	TESLA INCORPORATED	728	$514	0.3%	$118.07	+44.5%	Equity	88160R101
EFAV	ISHARES TR MSCI EAFE MIN VL	6,929	$509	0.3%	$67.09	—	Equity	46429B689
UNP	UNION PAC CORPORATION	2,428	$506	0.3%	$149.89	+18.8%	Equity	907818108
PFE	PFIZER INCORPORATED	13,396	$493	0.3%	$26.66	+7.4%	Equity	717081103
RF	REGIONS FINANCIAL CORPORATION NEW	28,478	$459	0.3%	$12.22	-3.8%	Equity	7591EP100
GRMN	GARMIN LIMITED SHS	3,808	$456	0.3%	$81.39	+21.6%	Equity	H2906T109
APD	AIR PRODUCTS & CHEMICALS INCORPORATED	1,669	$456	0.3%	$195.78	+26.5%	Equity	009158106
INTF	ISHARES TR MSCI INTL MULTFT	16,487	$448	0.3%	$24.94	—	Equity	46434V274
MO	ALTRIA GROUP INCORPORATED	10,448	$428	0.3%	$28.72	-7.1%	Equity	02209S103
IWF	ISHARES TR RUS 1000 GRW ETF	1,766	$426	0.3%	$175.74	—	Equity	464287614
PGEN	PRECIGEN INCORPORATED	41,132	$420	0.3%	$4.64	+39.8%	Equity	74017N105
FBND	FIDELITY TOTAL BOND ETF	7,731	$419	0.3%	$54.51	—	Equity	316188309
LRGF	ISHARES TR MSCI USA MULTIFT	11,101	$418	0.3%	$32.77	—	Equity	46434V282
ETN	EATON CORPORATION PLC SHS	3,467	$416	0.3%	$79.96	+29.9%	Equity	G29183103
CME	CME GROUP INCORPORATED	2,264	$412	0.3%	$159.49	-13.2%	Equity	12572Q105
SPY	SPDR S&P 500 ETF	1,092	$408	0.3%	$295.59	—	Equity	78462F103
MSI	MOTOROLA SOLUTIONS INCORPORATED COM NEW	2,346	$399	0.3%	$149.09	+5.5%	Equity	620076307
HDV	ISHARES TR CORE HIGH DV ETF	4,470	$392	0.3%	$80.74	—	Equity	46429B663
XOM	EXXON MOBIL CORPORATION	9,324	$384	0.2%	$43.52	-30.2%	Equity	30231G102
VBR	VANGUARD SMALL-CAP VALUE ETF	2,678	$381	0.2%	$142.27	—	Equity	922908611
GOOG	ALPHABET INCORPORATED CAP STK CLASS C	210	$368	0.2%	$68.32	+22.6%	Equity	02079K107
CMCSA	COMCAST CORPORATION NEW CLASS A	7,000	$367	0.2%	$37.97	+9.7%	Equity	20030N101
EL	LAUDER ESTEE COMPANIES INCORPORATED CLASS A	1,344	$358	0.2%	$180.92	+23.6%	Equity	518439104
TRMK	TRUSTMARK CORPORATION	13,084	$357	0.2%	$28.28	-24.2%	Equity	898402102
XLY	SPDR CONSUMER DISCRETIONARY SELECT SECTOR FUND	2,207	$355	0.2%	$125.05	—	Equity	81369Y407
GT	GOODYEAR TIRE & RUBBER COMPANY	31,600	$345	0.2%	$7.60	+32.6%	Equity	382550101
CB	CHUBB LIMITED	2,229	$343	0.2%	$137.34	-5.3%	Equity	H1467J104
PFF	ISHARES TR PFD AND INCM SEC	8,880	$342	0.2%	$35.10	—	Equity	464288687
CCI	CROWN CASTLE INTERNATIONAL CORPORATION NEW REIT	2,102	$335	0.2%	$105.55	+21.1%	REITs/Tangibles/LPs	22822V101
WY	WEYERHAEUSER COMPANY MTN BE COM NEW REIT	9,961	$334	0.2%	$22.81	+7.4%	REITs/Tangibles/LPs	962166104
MPC	MARATHON PETE CORPORATION	7,756	$321	0.2%	$27.44	+14.0%	Equity	56585A102
MDT	MEDTRONIC PLC SHS	2,729	$320	0.2%	$92.58	+2.7%	Equity	G5960L103
CSCO	CISCO SYSTEMS INCORPORATED	7,144	$320	0.2%	$38.28	-7.9%	Equity	17275R102
NAT	NORDIC AMERICAN TANKERS LIMITE	107,426	$317	0.2%	$3.90	-16.3%	Equity	G65773106
MBXIX	CATALYST/MILLBURN HEDGE STRATEGY FUND CLASS I N/L	10,090	$312	0.2%	$30.92	—	Alternative Investments	62827P816
XCWPX	ACAP STRATEGIC FUND CLASS W N/L	15,506	$310	0.2%	$19.99	—	Alternative Investments	000843201
FDUS	FIDUS INVT CORPORATION	23,199	$304	0.2%	$6.78	-2.4%	Closed End Funds	316500107
ISTB	ISHARES TR CORE 1 5 YR USD	5,781	$299	0.2%	$51.60	—	Equity	46432F859
—	CONTANGO OIL & GAS COMPANY COM NEW	123,350	$282	0.2%	$2.29	—	Equity	21075N204
—	NUVEEN AMT FREE MUN CR INCORPORATED FD	16,642	$279	0.2%	$16.65	—	Closed End Funds	67071L106
SDY	SPDR S&P DIVIDEND ETF	2,613	$277	0.2%	$107.38	—	Equity	78464A763
XLV	SPDR HEALTH CARE SELECT SECTOR FUND	2,436	$276	0.2%	$88.71	—	Equity	81369Y209
RSP	INVESCO S&P 500 EQUAL WEIGHT ETF	2,159	$275	0.2%	$114.68	—	Equity	46137V357
SPIB	SPDR PORTFOLIO INTERMEDIATE TERM CORPORATE BOND ETF	7,173	$267	0.2%	$35.20	—	Equity	78464A375
AMGN	AMGEN INCORPORATED	1,121	$258	0.2%	$207.46	-5.4%	Equity	031162100
—	BGC PARTNERS INCORPORATED CLASS A	62,201	$249	0.2%	$4.99	—	Equity	05541T101
JNJ	JOHNSON & JOHNSON	1,584	$249	0.2%	$114.35	+11.5%	Equity	478160104
BIMBX	BLACKROCK SYSTEMATIC MULTI-STRATEGY FD INSTL CL N/L	24,292	$245	0.2%	$10.09	—	Alternative Investments	09260C307
KO	COCA COLA COMPANY	4,415	$242	0.2%	$40.84	+8.4%	Equity	191216100
FDX	FEDEX CORPORATION	913	$237	0.2%	$251.15	0.0%	Equity	31428X106
BP	BP PLC SPONSORED ADR	11,537	$237	0.2%	$31.36	—	Equity	055622104
—	COVANTA HLDG CORPORATION	17,699	$232	0.1%	$13.40	—	Equity	22282E102
FLRN	SPDR BLOOMBERG BARCLAYS INVESTMENT GRADE FLOATING	7,497	$229	0.1%	$30.62	—	Equity	78468R200
IWD	ISHARES TR RUS 1000 VAL ETF	1,661	$227	0.1%	$136.66	—	Equity	464287598
ORCL	ORACLE CORPORATION	3,479	$225	0.1%	$52.75	+5.2%	Equity	68389X105
BBY	BEST BUY INCORPORATED	2,241	$224	0.1%	$82.68	+8.8%	Equity	086516101
—	ZIOPHARM ONCOLOGY INCORPORATED	87,764	$221	0.1%	$4.53	—	Equity	98973P101
IYW	ISHARES TR U.S. TECH ETF	2,582	$220	0.1%	$85.21	—	Equity	464287721
IXUS	ISHARES TR CORE MSCI TOTAL	3,281	$220	0.1%	$67.05	—	Equity	46432F834
BABA	ALIBABA GROUP HLDG LIMITED SPONSORED ADS	904	$210	0.1%	$232.30	—	Equity	01609W102
MMM	3M COMPANY	1,161	$203	0.1%	$117.52	0.0%	Equity	88579Y101
IAG	IAMGOLD CORPORATION	55,000	$202	0.1%	$3.54	+3.7%	Equity	450913108
—	HOLLYFRONTIER CORPORATION	7,741	$200	0.1%	$25.84	—	Equity	436106108
ET	ENERGY TRANSFER LP COM UT LTD PTN	24,168	$149	0.1%	$12.24	—	REITs/Tangibles/LPs	29273V100
AQMIX	AQR MANAGED FUTURES STRATEGY FUND CLASS I N/L	11,538	$91	0.1%	$7.89	—	Alternative Investments	00203H859
—	SIRIUS XM HOLDINGS INCORPORATED	11,203	$71	0.0%	$7.09	—	Equity	82968B103
PSEC	PROSPECT CAP CORPORATION	11,065	$60	0.0%	$3.01	-7.4%	Closed End Funds	74348T102
—	SENSEONICS HLDGS INCORPORATED	66,000	$58	0.0%	$0.66	—	Equity	81727U105
—	TITAN MED INCORPORATED COM NEW	17,012	$29	0.0%	$0.58	—	Equity	88830X819
—	GRAN TIERRA ENERGY INCORPORATED	10,000	$4	0.0%	$1.20	—	Equity	38500T101
—	IMMUNE THERAPEUTICS INCORPORATED FLA	23,000	$0	0.0%	—	—	Equity	45252A107