Stamos Capital Partners, L.P. Diversified Active

CIK: 0001705399 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 12, 2026

Total Value ($000): $622,307 (100.0% shares, 0.0% debt)

Holdings (136)

New Positions (3)

TTE TOTALENERGIES SE 1.3%

Value ($000) $7,812 Shares 119,410 Est. Cost $63.23 Unrealized 0.0%

CI THE CIGNA GROUP 0.9%

Value ($000) $5,394 Shares 19,597 Est. Cost $279.23 Unrealized 0.0%

REMX VANECK ETF TRUST 0.1%

Value ($000) $597 Shares 8,074 Est. Cost $73.92 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TTE	TOTALENERGIES SE	119,410	$7,812	1.3%	$63.23	0.0%	ACT	F92124100
CI	THE CIGNA GROUP	19,597	$5,394	0.9%	$279.23	0.0%	COM	125523100
REMX	VANECK ETF TRUST	8,074	$597	0.1%	$73.92	—	RARE EARTH AND S	92189H805

Increased Positions (94)

PG PROCTER AND GAMBLE CO 0.8%

Value ($000) $4,799 (+282.4%) Shares 33,484 (+309.9%) Est. Cost $144.37 Unrealized +1.9%

XOM EXXON MOBIL CORP 2.7%

Value ($000) $16,665 (+25.3%) Shares 138,482 (+17.4%) Est. Cost $95.24 Unrealized +21.3%

CVX CHEVRON CORP NEW 2.3%

Value ($000) $14,235 (+28.2%) Shares 93,397 (+30.6%) Est. Cost $131.85 Unrealized +14.8%

KO COCA COLA CO 0.7%

Value ($000) $4,254 (+239.1%) Shares 60,849 (+221.7%) Est. Cost $65.24 Unrealized +6.4%

UNP UNION PAC CORP 1.1%

Value ($000) $7,079 (+70.7%) Shares 30,603 (+74.5%) Est. Cost $221.07 Unrealized +2.8%

PAVE GLOBAL X FDS 0.7%

Value ($000) $4,445 (+156.7%) Shares 93,008 (+155.8%) Est. Cost $44.34 Unrealized —

ADP AUTOMATIC DATA PROCESSING IN 0.5%

Value ($000) $3,322 (+357.9%) Shares 12,914 (+422.4%) Est. Cost $258.12 Unrealized +2.6%

CNI CANADIAN NATL RY CO 1.0%

Value ($000) $5,953 (+76.3%) Shares 60,220 (+68.2%) Est. Cost $102.49 Unrealized -6.2%

CP CANADIAN PACIFIC KANSAS CITY 0.9%

Value ($000) $5,691 (+79.2%) Shares 77,291 (+81.2%) Est. Cost $75.56 Unrealized -2.6%

CVS CVS HEALTH CORP 0.9%

Value ($000) $5,384 (+85.0%) Shares 67,848 (+75.7%) Est. Cost $68.89 Unrealized +14.2%

T AT&T INC 1.2%

Value ($000) $7,197 (+50.1%) Shares 289,722 (+70.6%) Est. Cost $20.90 Unrealized +21.0%

KMI KINDER MORGAN INC DEL 0.7%

Value ($000) $4,132 (+127.8%) Shares 150,299 (+134.6%) Est. Cost $26.43 Unrealized +1.8%

NFLX NETFLIX INC 0.6%

Value ($000) $3,875 (+144.3%) Shares 41,327 (+3023.7%) Est. Cost $106.73 Unrealized +1.0%

UNH UNITEDHEALTH GROUP INC 2.2%

Value ($000) $13,881 (+18.3%) Shares 42,050 (+23.8%) Est. Cost $387.16 Unrealized -12.9%

ENB ENBRIDGE INC 0.7%

Value ($000) $4,602 (+72.6%) Shares 96,213 (+82.1%) Est. Cost $40.75 Unrealized +15.6%

V VISA INC 1.0%

Value ($000) $5,980 (+46.0%) Shares 17,050 (+42.1%) Est. Cost $315.51 Unrealized +7.9%

CME CME GROUP INC 0.8%

Value ($000) $4,764 (+64.5%) Shares 17,447 (+62.8%) Est. Cost $237.36 Unrealized +14.1%

LNG CHENIERE ENERGY INC 0.5%

Value ($000) $3,007 (+155.1%) Shares 15,469 (+208.3%) Est. Cost $215.55 Unrealized -2.6%

DIS DISNEY WALT CO 1.0%

Value ($000) $6,423 (+38.7%) Shares 56,460 (+39.5%) Est. Cost $104.08 Unrealized +5.2%

MA MASTERCARD INCORPORATED 0.5%

Value ($000) $3,237 (+123.0%) Shares 5,670 (+122.2%) Est. Cost $523.75 Unrealized +6.7%

BRK/B BERKSHIRE HATHAWAY INC DEL 0.6%

Value ($000) $3,938 (+81.1%) Shares 7,834 (+81.1%) Est. Cost $482.79 Unrealized +3.1%

EQT EQT CORP 0.5%

Value ($000) $2,927 (+141.2%) Shares 54,615 (+144.9%) Est. Cost $54.17 Unrealized +3.6%

GIS GENERAL MLS INC 0.5%

Value ($000) $2,985 (+132.4%) Shares 64,204 (+151.9%) Est. Cost $54.40 Unrealized -12.8%

VZ VERIZON COMMUNICATIONS INC 0.9%

Value ($000) $5,501 (+44.5%) Shares 135,065 (+55.9%) Est. Cost $35.63 Unrealized +13.6%

MDLZ MONDELEZ INTL INC 0.5%

Value ($000) $2,946 (+132.4%) Shares 54,727 (+169.7%) Est. Cost $58.50 Unrealized -2.5%

WMT WALMART INC 0.4%

Value ($000) $2,773 (+123.7%) Shares 24,890 (+106.9%) Est. Cost $101.66 Unrealized +5.4%

AGG ISHARES TR 14.6%

Value ($000) $90,914 (+1.7%) Shares 910,232 (+2.1%) Est. Cost $98.95 Unrealized —

CAT CATERPILLAR INC 0.5%

Value ($000) $3,288 (+65.3%) Shares 5,739 (+37.7%) Est. Cost $326.47 Unrealized +70.2%

MSFT MICROSOFT CORP 1.7%

Value ($000) $10,768 (+13.5%) Shares 22,265 (+21.5%) Est. Cost $381.65 Unrealized +31.2%

HD HOME DEPOT INC 0.6%

Value ($000) $3,456 (+57.1%) Shares 10,043 (+85.0%) Est. Cost $351.70 Unrealized +3.7%

IYR ISHARES TR 0.5%

Value ($000) $3,081 (+68.5%) Shares 32,811 (+74.2%) Est. Cost $92.42 Unrealized —

USRT ISHARES TR 0.5%

Value ($000) $3,081 (+67.2%) Shares 54,092 (+72.4%) Est. Cost $55.72 Unrealized —

AMZN AMAZON COM INC 1.3%

Value ($000) $8,367 (+17.1%) Shares 36,250 (+11.4%) Est. Cost $174.93 Unrealized +30.8%

PFE PFIZER INC 1.3%

Value ($000) $7,876 (+18.3%) Shares 316,310 (+21.1%) Est. Cost $27.76 Unrealized -9.8%

SONY SONY GROUP CORP 0.5%

Value ($000) $3,291 (+57.6%) Shares 128,567 (+77.2%) Est. Cost $33.99 Unrealized —

AMLP ALPS ETF TR 0.6%

Value ($000) $3,547 (+49.0%) Shares 75,427 (+48.7%) Est. Cost $43.87 Unrealized —

DE DEERE & CO 0.4%

Value ($000) $2,731 (+72.0%) Shares 5,866 (+69.0%) Est. Cost $429.26 Unrealized +9.0%

MLPX GLOBAL X FDS 0.6%

Value ($000) $3,546 (+46.3%) Shares 58,580 (+51.6%) Est. Cost $57.43 Unrealized —

SPGI S&P GLOBAL INC 0.3%

Value ($000) $1,676 (+184.4%) Shares 3,208 (+164.9%) Est. Cost $489.75 Unrealized +0.9%

MOO VANECK ETF TRUST 0.2%

Value ($000) $1,488 (+205.2%) Shares 20,448 (+208.0%) Est. Cost $73.07 Unrealized —

NOW SERVICENOW INC 0.3%

Value ($000) $1,946 (+102.3%) Shares 12,700 (+1115.3%) Est. Cost $172.79 Unrealized -0.7%

SPG SIMON PPTY GROUP INC NEW 0.4%

Value ($000) $2,784 (+53.2%) Shares 15,041 (+55.3%) Est. Cost $154.84 Unrealized +16.2%

CRM SALESFORCE INC 0.8%

Value ($000) $5,228 (+21.2%) Shares 19,734 (+8.4%) Est. Cost $258.20 Unrealized -3.9%

ICE INTERCONTINENTAL EXCHANGE IN 0.2%

Value ($000) $1,422 (+150.8%) Shares 8,778 (+160.9%) Est. Cost $154.81 Unrealized +0.9%

FINX GLOBAL X FDS 0.3%

Value ($000) $1,930 (+77.1%) Shares 65,569 (+101.7%) Est. Cost $30.45 Unrealized —

AAPL APPLE INC 1.2%

Value ($000) $7,655 (+10.6%) Shares 28,158 (+3.6%) Est. Cost $200.08 Unrealized +34.1%

BLK BLACKROCK INC 0.8%

Value ($000) $5,282 (+15.5%) Shares 4,935 (+25.8%) Est. Cost $998.52 Unrealized +9.1%

AEP AMERICAN ELEC PWR CO INC 0.4%

Value ($000) $2,334 (+42.0%) Shares 20,237 (+38.6%) Est. Cost $96.35 Unrealized +22.2%

SO SOUTHERN CO 0.4%

Value ($000) $2,340 (+41.4%) Shares 26,839 (+53.7%) Est. Cost $81.51 Unrealized +11.5%

DUK DUKE ENERGY CORP NEW 0.4%

Value ($000) $2,340 (+41.4%) Shares 19,964 (+49.3%) Est. Cost $102.55 Unrealized +18.6%

ADBE ADOBE INC 0.8%

Value ($000) $5,201 (+14.8%) Shares 14,860 (+15.7%) Est. Cost $432.03 Unrealized -21.3%

UBER UBER TECHNOLOGIES INC 0.5%

Value ($000) $3,403 (+24.5%) Shares 41,645 (+49.3%) Est. Cost $74.65 Unrealized +20.6%

BAC BANK AMERICA CORP 1.2%

Value ($000) $7,358 (+9.5%) Shares 133,776 (+2.7%) Est. Cost $34.61 Unrealized +52.2%

BX BLACKSTONE INC 0.6%

Value ($000) $3,731 (+20.1%) Shares 24,204 (+33.2%) Est. Cost $138.41 Unrealized +9.4%

COST COSTCO WHSL CORP NEW 0.1%

Value ($000) $911 (+188.8%) Shares 1,057 (+210.0%) Est. Cost $922.18 Unrealized -1.8%

JPM JPMORGAN CHASE & CO. 1.4%

Value ($000) $8,843 (+7.2%) Shares 27,443 (+4.9%) Est. Cost $181.81 Unrealized +70.3%

CB CHUBB LIMITED 0.2%

Value ($000) $1,171 (+93.4%) Shares 3,751 (+74.9%) Est. Cost $286.68 Unrealized +2.0%

CSCO CISCO SYS INC 0.4%

Value ($000) $2,754 (+23.2%) Shares 35,751 (+9.4%) Est. Cost $46.01 Unrealized +60.4%

MDT MEDTRONIC PLC 0.7%

Value ($000) $4,584 (+12.7%) Shares 47,719 (+11.8%) Est. Cost $79.84 Unrealized +21.7%

BXP BXP INC 0.2%

Value ($000) $1,316 (+63.5%) Shares 19,509 (+80.1%) Est. Cost $62.45 Unrealized +12.7%

D DOMINION ENERGY INC 0.4%

Value ($000) $2,323 (+25.0%) Shares 39,655 (+30.5%) Est. Cost $51.53 Unrealized +16.0%

ARE ALEXANDRIA REAL ESTATE EQ IN 0.2%

Value ($000) $1,533 (+40.2%) Shares 31,332 (+138.7%) Est. Cost $71.33 Unrealized -18.7%

XOP SPDR SERIES TRUST 0.4%

Value ($000) $2,765 (+17.9%) Shares 21,902 (+23.5%) Est. Cost $119.54 Unrealized —

IQV IQVIA HLDGS INC 0.3%

Value ($000) $1,682 (+31.7%) Shares 7,464 (+11.0%) Est. Cost $193.76 Unrealized +12.3%

PHO INVESCO EXCHANGE TRADED FD T 0.1%

Value ($000) $640 (+161.8%) Shares 9,094 (+168.1%) Est. Cost $66.58 Unrealized —

GILD GILEAD SCIENCES INC 0.1%

Value ($000) $894 (+70.7%) Shares 7,286 (+54.4%) Est. Cost $83.21 Unrealized +45.3%

TMO THERMO FISHER SCIENTIFIC INC 0.3%

Value ($000) $2,081 (+20.8%) Shares 3,592 (+1.1%) Est. Cost $489.90 Unrealized +15.4%

MCO MOODYS CORP 0.2%

Value ($000) $969 (+55.6%) Shares 1,897 (+45.1%) Est. Cost $461.81 Unrealized +5.5%

XLU SELECT SECTOR SPDR TR 0.3%

Value ($000) $1,692 (+24.9%) Shares 39,632 (+155.1%) Est. Cost $54.26 Unrealized —

LEN LENNAR CORP 0.4%

Value ($000) $2,494 (-11.5%) Shares 24,256 (+8.6%) Est. Cost $120.86 Unrealized -0.1%

VST VISTRA CORP 0.3%

Value ($000) $1,910 (-14.3%) Shares 11,838 (+4.1%) Est. Cost $95.37 Unrealized +90.7%

BA BOEING CO 1.0%

Value ($000) $5,944 (+5.6%) Shares 27,378 (+5.0%) Est. Cost $186.25 Unrealized +10.4%

ETN EATON CORP PLC 0.3%

Value ($000) $1,815 (+20.8%) Shares 5,698 (+42.0%) Est. Cost $331.15 Unrealized +7.0%

KR KROGER CO 0.2%

Value ($000) $948 (+45.8%) Shares 15,166 (+57.3%) Est. Cost $53.53 Unrealized +21.8%

ISRG INTUITIVE SURGICAL INC 0.2%

Value ($000) $1,032 (+35.9%) Shares 1,822 (+7.3%) Est. Cost $538.94 Unrealized -1.2%

GE GE AEROSPACE 0.3%

Value ($000) $2,142 (+13.6%) Shares 6,954 (+10.9%) Est. Cost $148.75 Unrealized +102.2%

BN BROOKFIELD CORP 0.6%

Value ($000) $3,663 (-6.4%) Shares 79,832 (+39.9%) Est. Cost $37.17 Unrealized +22.5%

COP CONOCOPHILLIPS 0.3%

Value ($000) $1,649 (+17.7%) Shares 17,615 (+18.9%) Est. Cost $92.72 Unrealized -2.9%

XLE SELECT SECTOR SPDR TR 0.3%

Value ($000) $1,592 (+18.0%) Shares 35,611 (+135.8%) Est. Cost $54.46 Unrealized —

OXY OCCIDENTAL PETE CORP 0.3%

Value ($000) $1,654 (+17.0%) Shares 40,224 (+34.4%) Est. Cost $46.60 Unrealized -10.8%

EOG EOG RES INC 0.3%

Value ($000) $1,641 (+17.0%) Shares 15,629 (+25.0%) Est. Cost $110.44 Unrealized -2.9%

GDX VANECK ETF TRUST 0.3%

Value ($000) $1,629 (+16.2%) Shares 18,987 (+3.5%) Est. Cost $38.61 Unrealized —

WOOD ISHARES TR 0.1%

Value ($000) $699 (+43.1%) Shares 9,702 (+45.8%) Est. Cost $73.41 Unrealized —

PICK ISHARES INC 0.2%

Value ($000) $1,242 (+17.7%) Shares 24,192 (+2.0%) Est. Cost $38.43 Unrealized —

GLD SPDR GOLD TR 0.2%

Value ($000) $1,037 (+20.7%) Shares 2,617 (+8.3%) Est. Cost $270.43 Unrealized —

XME SPDR SERIES TRUST 0.2%

Value ($000) $1,231 (+16.9%) Shares 11,880 (+5.1%) Est. Cost $55.19 Unrealized —

GEV GE VERNOVA INC 0.3%

Value ($000) $1,903 (+10.2%) Shares 2,912 (+3.7%) Est. Cost $247.84 Unrealized +145.7%

ADM ARCHER DANIELS MIDLAND CO 0.1%

Value ($000) $641 (+34.2%) Shares 11,153 (+39.5%) Est. Cost $55.35 Unrealized +7.5%

NVO NOVO-NORDISK A S 1.1%

Value ($000) $7,001 (+2.1%) Shares 137,598 (+11.4%) Est. Cost $65.70 Unrealized —

PANW PALO ALTO NETWORKS INC 0.4%

Value ($000) $2,716 (-4.1%) Shares 14,744 (+6.0%) Est. Cost $171.09 Unrealized +17.9%

BHP BHP GROUP LTD 0.1%

Value ($000) $593 (+18.8%) Shares 9,820 (+9.7%) Est. Cost $51.95 Unrealized —

DELL DELL TECHNOLOGIES INC 0.4%

Value ($000) $2,724 (-1.9%) Shares 21,636 (+10.5%) Est. Cost $100.32 Unrealized +40.3%

URA GLOBAL X FDS 0.2%

Value ($000) $1,040 (+5.1%) Shares 24,329 (+17.3%) Est. Cost $28.27 Unrealized —

HPQ HP INC 0.1%

Value ($000) $682 (-4.4%) Shares 30,614 (+16.9%) Est. Cost $27.84 Unrealized -9.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PG	PROCTER AND GAMBLE CO	33,484 (+309.9%)	$4,799 (+282.4%)	0.8%	$144.37	+1.9%	COM	742718109
XOM	EXXON MOBIL CORP	138,482 (+17.4%)	$16,665 (+25.3%)	2.7%	$95.24	+21.3%	COM	30231G102
CVX	CHEVRON CORP NEW	93,397 (+30.6%)	$14,235 (+28.2%)	2.3%	$131.85	+14.8%	COM	166764100
KO	COCA COLA CO	60,849 (+221.7%)	$4,254 (+239.1%)	0.7%	$65.24	+6.4%	COM	191216100
UNP	UNION PAC CORP	30,603 (+74.5%)	$7,079 (+70.7%)	1.1%	$221.07	+2.8%	COM	907818108
PAVE	GLOBAL X FDS	93,008 (+155.8%)	$4,445 (+156.7%)	0.7%	$44.34	—	US INFR DEV ETF	37954Y673
ADP	AUTOMATIC DATA PROCESSING IN	12,914 (+422.4%)	$3,322 (+357.9%)	0.5%	$258.12	+2.6%	COM	053015103
CNI	CANADIAN NATL RY CO	60,220 (+68.2%)	$5,953 (+76.3%)	1.0%	$102.49	-6.2%	COM	136375102
CP	CANADIAN PACIFIC KANSAS CITY	77,291 (+81.2%)	$5,691 (+79.2%)	0.9%	$75.56	-2.6%	COM	13646K108
CVS	CVS HEALTH CORP	67,848 (+75.7%)	$5,384 (+85.0%)	0.9%	$68.89	+14.2%	COM	126650100
T	AT&T INC	289,722 (+70.6%)	$7,197 (+50.1%)	1.2%	$20.90	+21.0%	COM	00206R102
KMI	KINDER MORGAN INC DEL	150,299 (+134.6%)	$4,132 (+127.8%)	0.7%	$26.43	+1.8%	COM	49456B101
NFLX	NETFLIX INC	41,327 (+3023.7%)	$3,875 (+144.3%)	0.6%	$106.73	+1.0%	COM	64110L106
UNH	UNITEDHEALTH GROUP INC	42,050 (+23.8%)	$13,881 (+18.3%)	2.2%	$387.16	-12.9%	COM	91324P102
ENB	ENBRIDGE INC	96,213 (+82.1%)	$4,602 (+72.6%)	0.7%	$40.75	+15.6%	COM	29250N105
V	VISA INC	17,050 (+42.1%)	$5,980 (+46.0%)	1.0%	$315.51	+7.9%	COM CL A	92826C839
CME	CME GROUP INC	17,447 (+62.8%)	$4,764 (+64.5%)	0.8%	$237.36	+14.1%	COM	12572Q105
LNG	CHENIERE ENERGY INC	15,469 (+208.3%)	$3,007 (+155.1%)	0.5%	$215.55	-2.6%	COM NEW	16411R208
DIS	DISNEY WALT CO	56,460 (+39.5%)	$6,423 (+38.7%)	1.0%	$104.08	+5.2%	COM	254687106
MA	MASTERCARD INCORPORATED	5,670 (+122.2%)	$3,237 (+123.0%)	0.5%	$523.75	+6.7%	CL A	57636Q104
BRK/B	BERKSHIRE HATHAWAY INC DEL	7,834 (+81.1%)	$3,938 (+81.1%)	0.6%	$482.79	+3.1%	CL B NEW	084670702
EQT	EQT CORP	54,615 (+144.9%)	$2,927 (+141.2%)	0.5%	$54.17	+3.6%	COM	26884L109
GIS	GENERAL MLS INC	64,204 (+151.9%)	$2,985 (+132.4%)	0.5%	$54.40	-12.8%	COM	370334104
VZ	VERIZON COMMUNICATIONS INC	135,065 (+55.9%)	$5,501 (+44.5%)	0.9%	$35.63	+13.6%	COM	92343V104
MDLZ	MONDELEZ INTL INC	54,727 (+169.7%)	$2,946 (+132.4%)	0.5%	$58.50	-2.5%	CL A	609207105
WMT	WALMART INC	24,890 (+106.9%)	$2,773 (+123.7%)	0.4%	$101.66	+5.4%	COM	931142103
AGG	ISHARES TR	910,232 (+2.1%)	$90,914 (+1.7%)	14.6%	$98.95	—	CORE US AGGBD ET	464287226
CAT	CATERPILLAR INC	5,739 (+37.7%)	$3,288 (+65.3%)	0.5%	$326.47	+70.2%	COM	149123101
MSFT	MICROSOFT CORP	22,265 (+21.5%)	$10,768 (+13.5%)	1.7%	$381.65	+31.2%	COM	594918104
HD	HOME DEPOT INC	10,043 (+85.0%)	$3,456 (+57.1%)	0.6%	$351.70	+3.7%	COM	437076102
IYR	ISHARES TR	32,811 (+74.2%)	$3,081 (+68.5%)	0.5%	$92.42	—	U.S. REAL ES ETF	464287739
USRT	ISHARES TR	54,092 (+72.4%)	$3,081 (+67.2%)	0.5%	$55.72	—	CRE U S REIT ETF	464288521
AMZN	AMAZON COM INC	36,250 (+11.4%)	$8,367 (+17.1%)	1.3%	$174.93	+30.8%	COM	023135106
PFE	PFIZER INC	316,310 (+21.1%)	$7,876 (+18.3%)	1.3%	$27.76	-9.8%	COM	717081103
SONY	SONY GROUP CORP	128,567 (+77.2%)	$3,291 (+57.6%)	0.5%	$33.99	—	SPONSORED ADR	835699307
AMLP	ALPS ETF TR	75,427 (+48.7%)	$3,547 (+49.0%)	0.6%	$43.87	—	ALERIAN MLP	00162Q452
DE	DEERE & CO	5,866 (+69.0%)	$2,731 (+72.0%)	0.4%	$429.26	+9.0%	COM	244199105
MLPX	GLOBAL X FDS	58,580 (+51.6%)	$3,546 (+46.3%)	0.6%	$57.43	—	GLB X MLP ENRG I	37954Y293
SPGI	S&P GLOBAL INC	3,208 (+164.9%)	$1,676 (+184.4%)	0.3%	$489.75	+0.9%	COM	78409V104
MOO	VANECK ETF TRUST	20,448 (+208.0%)	$1,488 (+205.2%)	0.2%	$73.07	—	AGRIBUSINESS ETF	92189F700
NOW	SERVICENOW INC	12,700 (+1115.3%)	$1,946 (+102.3%)	0.3%	$172.79	-0.7%	COM	81762P102
SPG	SIMON PPTY GROUP INC NEW	15,041 (+55.3%)	$2,784 (+53.2%)	0.4%	$154.84	+16.2%	COM	828806109
CRM	SALESFORCE INC	19,734 (+8.4%)	$5,228 (+21.2%)	0.8%	$258.20	-3.9%	COM	79466L302
ICE	INTERCONTINENTAL EXCHANGE IN	8,778 (+160.9%)	$1,422 (+150.8%)	0.2%	$154.81	+0.9%	COM	45866F104
FINX	GLOBAL X FDS	65,569 (+101.7%)	$1,930 (+77.1%)	0.3%	$30.45	—	FINTECH ETF	37954Y814
AAPL	APPLE INC	28,158 (+3.6%)	$7,655 (+10.6%)	1.2%	$200.08	+34.1%	COM	037833100
BLK	BLACKROCK INC	4,935 (+25.8%)	$5,282 (+15.5%)	0.8%	$998.52	+9.1%	COM	09290D101
AEP	AMERICAN ELEC PWR CO INC	20,237 (+38.6%)	$2,334 (+42.0%)	0.4%	$96.35	+22.2%	COM	025537101
SO	SOUTHERN CO	26,839 (+53.7%)	$2,340 (+41.4%)	0.4%	$81.51	+11.5%	COM	842587107
DUK	DUKE ENERGY CORP NEW	19,964 (+49.3%)	$2,340 (+41.4%)	0.4%	$102.55	+18.6%	COM NEW	26441C204
ADBE	ADOBE INC	14,860 (+15.7%)	$5,201 (+14.8%)	0.8%	$432.03	-21.3%	COM	00724F101
UBER	UBER TECHNOLOGIES INC	41,645 (+49.3%)	$3,403 (+24.5%)	0.5%	$74.65	+20.6%	COM	90353T100
BAC	BANK AMERICA CORP	133,776 (+2.7%)	$7,358 (+9.5%)	1.2%	$34.61	+52.2%	COM	060505104
BX	BLACKSTONE INC	24,204 (+33.2%)	$3,731 (+20.1%)	0.6%	$138.41	+9.4%	COM	09260D107
COST	COSTCO WHSL CORP NEW	1,057 (+210.0%)	$911 (+188.8%)	0.1%	$922.18	-1.8%	COM	22160K105
JPM	JPMORGAN CHASE & CO.	27,443 (+4.9%)	$8,843 (+7.2%)	1.4%	$181.81	+70.3%	COM	46625H100
CB	CHUBB LIMITED	3,751 (+74.9%)	$1,171 (+93.4%)	0.2%	$286.68	+2.0%	COM	H1467J104
CSCO	CISCO SYS INC	35,751 (+9.4%)	$2,754 (+23.2%)	0.4%	$46.01	+60.4%	COM	17275R102
MDT	MEDTRONIC PLC	47,719 (+11.8%)	$4,584 (+12.7%)	0.7%	$79.84	+21.7%	SHS	G5960L103
BXP	BXP INC	19,509 (+80.1%)	$1,316 (+63.5%)	0.2%	$62.45	+12.7%	COM	101121101
D	DOMINION ENERGY INC	39,655 (+30.5%)	$2,323 (+25.0%)	0.4%	$51.53	+16.0%	COM	25746U109
ARE	ALEXANDRIA REAL ESTATE EQ IN	31,332 (+138.7%)	$1,533 (+40.2%)	0.2%	$71.33	-18.7%	COM	015271109
XOP	SPDR SERIES TRUST	21,902 (+23.5%)	$2,765 (+17.9%)	0.4%	$119.54	—	STATE STREET SPD	78468R556
IQV	IQVIA HLDGS INC	7,464 (+11.0%)	$1,682 (+31.7%)	0.3%	$193.76	+12.3%	COM	46266C105
PHO	INVESCO EXCHANGE TRADED FD T	9,094 (+168.1%)	$640 (+161.8%)	0.1%	$66.58	—	WATER RES ETF	46137V142
GILD	GILEAD SCIENCES INC	7,286 (+54.4%)	$894 (+70.7%)	0.1%	$83.21	+45.3%	COM	375558103
TMO	THERMO FISHER SCIENTIFIC INC	3,592 (+1.1%)	$2,081 (+20.8%)	0.3%	$489.90	+15.4%	COM	883556102
MCO	MOODYS CORP	1,897 (+45.1%)	$969 (+55.6%)	0.2%	$461.81	+5.5%	COM	615369105
XLU	SELECT SECTOR SPDR TR	39,632 (+155.1%)	$1,692 (+24.9%)	0.3%	$54.26	—	STATE STREET UTI	81369Y886
LEN	LENNAR CORP	24,256 (+8.6%)	$2,494 (-11.5%)	0.4%	$120.86	-0.1%	CL A	526057104
VST	VISTRA CORP	11,838 (+4.1%)	$1,910 (-14.3%)	0.3%	$95.37	+90.7%	COM	92840M102
BA	BOEING CO	27,378 (+5.0%)	$5,944 (+5.6%)	1.0%	$186.25	+10.4%	COM	097023105
ETN	EATON CORP PLC	5,698 (+42.0%)	$1,815 (+20.8%)	0.3%	$331.15	+7.0%	SHS	G29183103
KR	KROGER CO	15,166 (+57.3%)	$948 (+45.8%)	0.2%	$53.53	+21.8%	COM	501044101
ISRG	INTUITIVE SURGICAL INC	1,822 (+7.3%)	$1,032 (+35.9%)	0.2%	$538.94	-1.2%	COM NEW	46120E602
GE	GE AEROSPACE	6,954 (+10.9%)	$2,142 (+13.6%)	0.3%	$148.75	+102.2%	COM NEW	369604301
BN	BROOKFIELD CORP	79,832 (+39.9%)	$3,663 (-6.4%)	0.6%	$37.17	+22.5%	CL A LTD VT SH	11271J107
COP	CONOCOPHILLIPS	17,615 (+18.9%)	$1,649 (+17.7%)	0.3%	$92.72	-2.9%	COM	20825C104
XLE	SELECT SECTOR SPDR TR	35,611 (+135.8%)	$1,592 (+18.0%)	0.3%	$54.46	—	STATE STREET ENE	81369Y506
OXY	OCCIDENTAL PETE CORP	40,224 (+34.4%)	$1,654 (+17.0%)	0.3%	$46.60	-10.8%	COM	674599105
EOG	EOG RES INC	15,629 (+25.0%)	$1,641 (+17.0%)	0.3%	$110.44	-2.9%	COM	26875P101
GDX	VANECK ETF TRUST	18,987 (+3.5%)	$1,629 (+16.2%)	0.3%	$38.61	—	GOLD MINERS ETF	92189F106
WOOD	ISHARES TR	9,702 (+45.8%)	$699 (+43.1%)	0.1%	$73.41	—	GL TIMB FORE ETF	464288174
PICK	ISHARES INC	24,192 (+2.0%)	$1,242 (+17.7%)	0.2%	$38.43	—	MSCI GBL ETF NEW	46434G848
GLD	SPDR GOLD TR	2,617 (+8.3%)	$1,037 (+20.7%)	0.2%	$270.43	—	GOLD SHS	78463V107
XME	SPDR SERIES TRUST	11,880 (+5.1%)	$1,231 (+16.9%)	0.2%	$55.19	—	STATE STREET SPD	78464A755
GEV	GE VERNOVA INC	2,912 (+3.7%)	$1,903 (+10.2%)	0.3%	$247.84	+145.7%	COM	36828A101
ADM	ARCHER DANIELS MIDLAND CO	11,153 (+39.5%)	$641 (+34.2%)	0.1%	$55.35	+7.5%	COM	039483102
NVO	NOVO-NORDISK A S	137,598 (+11.4%)	$7,001 (+2.1%)	1.1%	$65.70	—	ADR	670100205
PANW	PALO ALTO NETWORKS INC	14,744 (+6.0%)	$2,716 (-4.1%)	0.4%	$171.09	+17.9%	COM	697435105
BHP	BHP GROUP LTD	9,820 (+9.7%)	$593 (+18.8%)	0.1%	$51.95	—	SPONSORED ADS	088606108
DELL	DELL TECHNOLOGIES INC	21,636 (+10.5%)	$2,724 (-1.9%)	0.4%	$100.32	+40.3%	CL C	24703L202
URA	GLOBAL X FDS	24,329 (+17.3%)	$1,040 (+5.1%)	0.2%	$28.27	—	GLOBAL X URANIUM	37954Y871
HPQ	HP INC	30,614 (+16.9%)	$682 (-4.4%)	0.1%	$27.84	-9.3%	COM	40434L105

Exited Positions (9)

— TOTALENERGIES SE 1.4%

Value ($000) $8,799 Shares 147,418 Est. Cost $59.69 Unrealized —

BAM BROOKFIELD ASSET MANAGMT LTD 0.0%

Value ($000) $281 Shares 4,935 Est. Cost $52.81 Unrealized +1.3%

CG CARLYLE GROUP INC 0.0%

Value ($000) $277 Shares 4,425 Est. Cost $45.83 Unrealized +22.8%

APO APOLLO GLOBAL MGMT INC 0.0%

Value ($000) $276 Shares 2,070 Est. Cost $142.78 Unrealized -7.1%

TPG TPG INC 0.0%

Value ($000) $265 Shares 4,606 Est. Cost $54.08 Unrealized +9.1%

ARES ARES MANAGEMENT CORPORATION 0.0%

Value ($000) $262 Shares 1,638 Est. Cost $163.68 Unrealized -5.3%

KKR KKR & CO INC 0.0%

Value ($000) $258 Shares 1,986 Est. Cost $128.90 Unrealized -3.6%

BIPC BROOKFIELD INFRASTRUCTURE CO 0.0%

Value ($000) $203 Shares 4,944 Est. Cost $37.71 Unrealized +19.4%

BEPC BROOKFIELD RENEWABLE CORP 0.0%

Value ($000) $203 Shares 5,896 Est. Cost $27.19 Unrealized +47.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	TOTALENERGIES SE	147,418	$8,799	1.4%	$59.69	—	—	89151E109
BAM	BROOKFIELD ASSET MANAGMT LTD	4,935	$281	0.0%	$52.81	+1.3%	—	113004105
CG	CARLYLE GROUP INC	4,425	$277	0.0%	$45.83	+22.8%	—	14316J108
APO	APOLLO GLOBAL MGMT INC	2,070	$276	0.0%	$142.78	-7.1%	—	03769M106
TPG	TPG INC	4,606	$265	0.0%	$54.08	+9.1%	—	872657101
ARES	ARES MANAGEMENT CORPORATION	1,638	$262	0.0%	$163.68	-5.3%	—	03990B101
KKR	KKR & CO INC	1,986	$258	0.0%	$128.90	-3.6%	—	48251W104
BIPC	BROOKFIELD INFRASTRUCTURE CO	4,944	$203	0.0%	$37.71	+19.4%	—	11276H106
BEPC	BROOKFIELD RENEWABLE CORP	5,896	$203	0.0%	$27.19	+47.1%	—	11285B108

Decreased Positions (38)

MRK MERCK & CO INC 3.2%

Value ($000) $19,663 (+17.1%) Shares 186,805 (-6.6%) Est. Cost $83.30 Unrealized +11.9%

ASML ASML HOLDING N V 0.8%

Value ($000) $4,788 (-30.0%) Shares 4,475 (-36.6%) Est. Cost $740.04 Unrealized —

SLB SLB LIMITED 0.4%

Value ($000) $2,403 (-45.2%) Shares 62,614 (-51.0%) Est. Cost $36.91 Unrealized -2.3%

GOOGL ALPHABET INC 2.6%

Value ($000) $16,072 (+10.9%) Shares 51,349 (-13.8%) Est. Cost $143.30 Unrealized +99.3%

VTEB VANGUARD MUN BD FDS 3.0%

Value ($000) $18,496 (-5.7%) Shares 367,792 (-6.1%) Est. Cost $50.07 Unrealized —

NEE NEXTERA ENERGY INC 1.3%

Value ($000) $7,866 (-11.2%) Shares 97,983 (-16.5%) Est. Cost $70.09 Unrealized +17.7%

SHEL SHELL PLC 1.3%

Value ($000) $7,905 (-10.4%) Shares 107,580 (-12.8%) Est. Cost $62.10 Unrealized —

TSM TAIWAN SEMICONDUCTOR MFG LTD 1.1%

Value ($000) $6,974 (-11.5%) Shares 22,948 (-18.7%) Est. Cost $146.48 Unrealized —

BP BP PLC 1.4%

Value ($000) $8,871 (-9.2%) Shares 255,430 (-9.9%) Est. Cost $29.18 Unrealized —

FSLR FIRST SOLAR INC 0.2%

Value ($000) $1,223 (-33.1%) Shares 4,681 (-43.5%) Est. Cost $165.47 Unrealized +52.4%

TOL TOLL BROTHERS INC 0.4%

Value ($000) $2,491 (-16.8%) Shares 18,421 (-15.0%) Est. Cost $114.15 Unrealized +18.9%

DHI D R HORTON INC 0.4%

Value ($000) $2,498 (-15.9%) Shares 17,343 (-1.1%) Est. Cost $131.54 Unrealized +15.6%

SNOW SNOWFLAKE INC 0.2%

Value ($000) $1,158 (-28.7%) Shares 5,277 (-26.7%) Est. Cost $159.35 Unrealized +53.2%

GM GENERAL MTRS CO 0.3%

Value ($000) $2,062 (-17.7%) Shares 25,356 (-38.3%) Est. Cost $43.30 Unrealized +62.6%

CEG CONSTELLATION ENERGY CORP 0.4%

Value ($000) $2,530 (-14.1%) Shares 7,162 (-20.0%) Est. Cost $167.59 Unrealized +116.7%

LLY ELI LILLY & CO 0.8%

Value ($000) $5,135 (+8.5%) Shares 4,778 (-23.0%) Est. Cost $773.87 Unrealized +23.5%

F FORD MTR CO 0.7%

Value ($000) $4,177 (-8.3%) Shares 318,383 (-16.4%) Est. Cost $10.21 Unrealized +25.7%

AVGO BROADCOM INC 0.5%

Value ($000) $2,919 (-10.6%) Shares 8,433 (-14.8%) Est. Cost $177.47 Unrealized +101.2%

TM TOYOTA MOTOR CORP 1.7%

Value ($000) $10,824 (+2.8%) Shares 50,565 (-8.2%) Est. Cost $176.63 Unrealized —

NVDA NVIDIA CORPORATION 0.5%

Value ($000) $3,413 (-7.9%) Shares 18,298 (-7.8%) Est. Cost $120.03 Unrealized +55.1%

CCJ CAMECO CORP 0.4%

Value ($000) $2,745 (-9.3%) Shares 30,007 (-16.9%) Est. Cost $41.81 Unrealized +115.1%

EWY ISHARES INC 0.3%

Value ($000) $1,802 (+17.9%) Shares 18,537 (-2.9%) Est. Cost $71.78 Unrealized —

BCS BARCLAYS PLC 0.4%

Value ($000) $2,451 (-9.6%) Shares 96,311 (-26.6%) Est. Cost $8.56 Unrealized —

HSBC HSBC HLDGS PLC 0.5%

Value ($000) $2,943 (-7.2%) Shares 37,415 (-16.2%) Est. Cost $42.63 Unrealized —

MMM 3M CO 0.1%

Value ($000) $645 (-23.3%) Shares 4,029 (-25.7%) Est. Cost $83.86 Unrealized +94.6%

XBI SPDR SERIES TRUST 0.5%

Value ($000) $3,009 (+5.1%) Shares 24,679 (-13.6%) Est. Cost $89.89 Unrealized —

MFC MANULIFE FINL CORP 0.2%

Value ($000) $1,387 (+10.5%) Shares 38,235 (-5.1%) Est. Cost $19.92 Unrealized +70.4%

AMD ADVANCED MICRO DEVICES INC 0.5%

Value ($000) $2,914 (-4.0%) Shares 13,608 (-27.5%) Est. Cost $141.80 Unrealized +58.4%

HDB HDFC BANK LTD 0.4%

Value ($000) $2,531 (-4.3%) Shares 69,270 (-10.6%) Est. Cost $46.66 Unrealized —

FCX FREEPORT-MCMORAN INC 0.1%

Value ($000) $592 (+16.6%) Shares 11,657 (-9.9%) Est. Cost $38.60 Unrealized +12.2%

CRWD CROWDSTRIKE HLDGS INC 0.2%

Value ($000) $1,156 (-6.3%) Shares 2,467 (-1.9%) Est. Cost $342.03 Unrealized +48.9%

BWXT BWX TECHNOLOGIES INC 0.1%

Value ($000) $454 (-14.5%) Shares 2,625 (-8.8%) Est. Cost $108.09 Unrealized +73.4%

IBM INTERNATIONAL BUSINESS MACHS 0.1%

Value ($000) $537 (-9.1%) Shares 1,812 (-13.4%) Est. Cost $129.28 Unrealized +131.1%

NUE NUCOR CORP 0.1%

Value ($000) $589 (+8.5%) Shares 3,609 (-9.9%) Est. Cost $133.65 Unrealized +12.1%

GSK GSK PLC 0.9%

Value ($000) $5,894 (-0.5%) Shares 120,183 (-12.4%) Est. Cost $36.70 Unrealized —

INDA ISHARES TR 0.2%

Value ($000) $1,101 (-1.5%) Shares 20,361 (-5.1%) Est. Cost $55.49 Unrealized —

AMGN AMGEN INC 0.1%

Value ($000) $748 (+1.6%) Shares 2,284 (-12.4%) Est. Cost $250.85 Unrealized +26.0%

UBS UBS GROUP AG 0.3%

Value ($000) $2,162 (+0.4%) Shares 46,679 (-11.1%) Est. Cost $29.83 Unrealized +35.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MRK	MERCK & CO INC	186,805 (-6.6%)	$19,663 (+17.1%)	3.2%	$83.30	+11.9%	COM	58933Y105
ASML	ASML HOLDING N V	4,475 (-36.6%)	$4,788 (-30.0%)	0.8%	$740.04	—	N Y REGISTRY SHS	N07059210
SLB	SLB LIMITED	62,614 (-51.0%)	$2,403 (-45.2%)	0.4%	$36.91	-2.3%	COM STK	806857108
GOOGL	ALPHABET INC	51,349 (-13.8%)	$16,072 (+10.9%)	2.6%	$143.30	+99.3%	CAP STK CL A	02079K305
VTEB	VANGUARD MUN BD FDS	367,792 (-6.1%)	$18,496 (-5.7%)	3.0%	$50.07	—	TAX EXEMPT BD	922907746
NEE	NEXTERA ENERGY INC	97,983 (-16.5%)	$7,866 (-11.2%)	1.3%	$70.09	+17.7%	COM	65339F101
SHEL	SHELL PLC	107,580 (-12.8%)	$7,905 (-10.4%)	1.3%	$62.10	—	SPON ADS	780259305
TSM	TAIWAN SEMICONDUCTOR MFG LTD	22,948 (-18.7%)	$6,974 (-11.5%)	1.1%	$146.48	—	SPONSORED ADS	874039100
BP	BP PLC	255,430 (-9.9%)	$8,871 (-9.2%)	1.4%	$29.18	—	SPONSORED ADR	055622104
FSLR	FIRST SOLAR INC	4,681 (-43.5%)	$1,223 (-33.1%)	0.2%	$165.47	+52.4%	COM	336433107
TOL	TOLL BROTHERS INC	18,421 (-15.0%)	$2,491 (-16.8%)	0.4%	$114.15	+18.9%	COM	889478103
DHI	D R HORTON INC	17,343 (-1.1%)	$2,498 (-15.9%)	0.4%	$131.54	+15.6%	COM	23331A109
SNOW	SNOWFLAKE INC	5,277 (-26.7%)	$1,158 (-28.7%)	0.2%	$159.35	+53.2%	COM SHS	833445109
GM	GENERAL MTRS CO	25,356 (-38.3%)	$2,062 (-17.7%)	0.3%	$43.30	+62.6%	COM	37045V100
CEG	CONSTELLATION ENERGY CORP	7,162 (-20.0%)	$2,530 (-14.1%)	0.4%	$167.59	+116.7%	COM	21037T109
LLY	ELI LILLY & CO	4,778 (-23.0%)	$5,135 (+8.5%)	0.8%	$773.87	+23.5%	COM	532457108
F	FORD MTR CO	318,383 (-16.4%)	$4,177 (-8.3%)	0.7%	$10.21	+25.7%	COM	345370860
AVGO	BROADCOM INC	8,433 (-14.8%)	$2,919 (-10.6%)	0.5%	$177.47	+101.2%	COM	11135F101
TM	TOYOTA MOTOR CORP	50,565 (-8.2%)	$10,824 (+2.8%)	1.7%	$176.63	—	ADS	892331307
NVDA	NVIDIA CORPORATION	18,298 (-7.8%)	$3,413 (-7.9%)	0.5%	$120.03	+55.1%	COM	67066G104
CCJ	CAMECO CORP	30,007 (-16.9%)	$2,745 (-9.3%)	0.4%	$41.81	+115.1%	COM	13321L108
EWY	ISHARES INC	18,537 (-2.9%)	$1,802 (+17.9%)	0.3%	$71.78	—	MSCI STH KOR ETF	464286772
BCS	BARCLAYS PLC	96,311 (-26.6%)	$2,451 (-9.6%)	0.4%	$8.56	—	ADR	06738E204
HSBC	HSBC HLDGS PLC	37,415 (-16.2%)	$2,943 (-7.2%)	0.5%	$42.63	—	SPON ADR NEW	404280406
MMM	3M CO	4,029 (-25.7%)	$645 (-23.3%)	0.1%	$83.86	+94.6%	COM	88579Y101
XBI	SPDR SERIES TRUST	24,679 (-13.6%)	$3,009 (+5.1%)	0.5%	$89.89	—	STATE STREET SPD	78464A870
MFC	MANULIFE FINL CORP	38,235 (-5.1%)	$1,387 (+10.5%)	0.2%	$19.92	+70.4%	COM	56501R106
AMD	ADVANCED MICRO DEVICES INC	13,608 (-27.5%)	$2,914 (-4.0%)	0.5%	$141.80	+58.4%	COM	007903107
HDB	HDFC BANK LTD	69,270 (-10.6%)	$2,531 (-4.3%)	0.4%	$46.66	—	SPONSORED ADS	40415F101
FCX	FREEPORT-MCMORAN INC	11,657 (-9.9%)	$592 (+16.6%)	0.1%	$38.60	+12.2%	CL B	35671D857
CRWD	CROWDSTRIKE HLDGS INC	2,467 (-1.9%)	$1,156 (-6.3%)	0.2%	$342.03	+48.9%	CL A	22788C105
BWXT	BWX TECHNOLOGIES INC	2,625 (-8.8%)	$454 (-14.5%)	0.1%	$108.09	+73.4%	COM	05605H100
IBM	INTERNATIONAL BUSINESS MACHS	1,812 (-13.4%)	$537 (-9.1%)	0.1%	$129.28	+131.1%	COM	459200101
NUE	NUCOR CORP	3,609 (-9.9%)	$589 (+8.5%)	0.1%	$133.65	+12.1%	COM	670346105
GSK	GSK PLC	120,183 (-12.4%)	$5,894 (-0.5%)	0.9%	$36.70	—	SPONSORED ADR	37733W204
INDA	ISHARES TR	20,361 (-5.1%)	$1,101 (-1.5%)	0.2%	$55.49	—	MSCI INDIA ETF	46429B598
AMGN	AMGEN INC	2,284 (-12.4%)	$748 (+1.6%)	0.1%	$250.85	+26.0%	COM	031162100
UBS	UBS GROUP AG	46,679 (-11.1%)	$2,162 (+0.4%)	0.3%	$29.83	+35.5%	SHS	H42097107

Unchanged Positions (1)

JNJ JOHNSON & JOHNSON 1.5%

Value ($000) $9,541 Shares 46,102 Est. Cost $143.27 Unrealized +37.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
JNJ	JOHNSON & JOHNSON	46,102	$9,541	1.5%	$143.27	+37.5%	COM	478160104