The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Expires: July 31, 2015
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ABBVIE INC COM 00287Y109 7,366,374 28,160 SH SOLE 28,160 0 0
ABRDN ETFS BBRG ALL COMD K1 003261104 22,765,600 880,000 SH SOLE 880,000 0 0
ADVANCED MICRO DEVICES INC COM 007903107 7,169,827 11,720 SH SOLE 11,720 0 0
ALPHABET INC CAP STK CL A 02079K305 26,156,962 76,020 SH SOLE 76,020 0 0
AMAZON COM INC COM 023135106 20,724,297 83,180 SH SOLE 83,180 0 0
AMERICAN TOWER CORP COM 03027X100 2,412,791 14,740 SH SOLE 14,740 0 0
APPLE INC COM 037833100 40,032,334 120,210 SH SOLE 120,210 0 0
ASML HLDG NV N Y REGISTRY SHS N07059210 1,721,087 950 SH SOLE 950 0 0
BANCO SANTANDER SA ADR 05964H105 1,740,920 125,880 SH SOLE 125,880 0 0
BANK OF AMER CORP COM 060505104 9,945,994 182,730 SH SOLE 182,730 0 0
BHP BILLITON LIMITED SPONSORED ADS 088606108 3,015,214 35,540 SH SOLE 35,540 0 0
BOSTON SCIENTIFIC CORP COM 101137107 2,320,434 53,160 SH SOLE 53,160 0 0
BROADCOM INC COM 11135F101 11,641,949 33,150 SH SOLE 33,150 0 0
CHEVRON CORPORATION COM 166764100 6,555,141 32,100 SH SOLE 32,100 0 0
CHIPOTLE MEXICAN GRILL INC COM 169656105 4,689,941 146,790 SH SOLE 146,790 0 0
CHUBB LIMITED COM H1467J104 7,431,963 22,850 SH SOLE 22,850 0 0
CISCO SYS INC COM 17275R102 9,234,654 85,800 SH SOLE 85,800 0 0
CME GROUP INC COM 12572Q105 9,784,953 37,350 SH SOLE 37,350 0 0
COCA COLA CO COM 191216100 11,744,755 136,440 SH SOLE 136,440 0 0
COMCAST CORP NEW CL A 20030N101 1,237,274 56,860 SH SOLE 56,860 0 0
CROWN CASTLE INC COM 22822V101 1,678,914 25,190 SH SOLE 25,190 0 0
DANAHER CORP DEL COM 235851102 5,503,302 24,840 SH SOLE 24,840 0 0
DIGITAL RLTY TR INC COM 253868103 2,122,158 12,090 SH SOLE 12,090 0 0
DISNEY WALT CO COM 254687106 2,771,458 26,420 SH SOLE 26,420 0 0
DUKE ENERGY CORP NEW COM NEW 26441C204 5,499,842 48,240 SH SOLE 48,240 0 0
EDWARDS LIFESCIENCES CORP COM 28176E108 4,902,113 56,790 SH SOLE 56,790 0 0
ELI LILLY & CO COM 532457108 10,332,724 8,930 SH SOLE 8,930 0 0
EXXONMOBIL HOLDINGS CORP COM SHS 30233Q108 13,347,128 82,010 SH SOLE 82,010 0 0
HALLIBURTON CO COM 406216101 1,143,210 35,950 SH SOLE 35,950 0 0
HARTFORD INSURANCE GROUP INC COM 416515104 6,295,422 51,450 SH SOLE 51,450 0 0
HOME DEPOT INC COM 437076102 8,096,585 28,460 SH SOLE 28,460 0 0
ILLINOIS TOOL WKS INC COM 452308109 5,384,870 20,930 SH SOLE 20,930 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 3,250,565 14,780 SH SOLE 14,780 0 0
INTUITIVE SURGICAL INC COM NEW 46120E602 4,310,278 10,600 SH SOLE 10,600 0 0
INVESCO ACTVELY MNGD ETC FD OPTIMUM YIELD 46090F100 8,685,000 450,000 SH SOLE 450,000 0 0
INVESCO DB COMMDY INDX TRCK UNIT 46138B103 7,756,800 240,000 SH SOLE 240,000 0 0
INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT 46137V357 4,160,400 20,000 SH SOLE 20,000 0 0
ISHARES INC MSCI CDA ETF 464286509 7,869,624 134,800 SH SOLE 134,800 0 0
ISHARES INC CORE MSCI EMKT 46434G103 112,548,387 1,386,747 SH SOLE 1,386,747 0 0
ISHARES TR S&P 100 ETF 464287101 11,462,400 30,000 SH SOLE 30,000 0 0
ISHARES TR CORE US AGGBD ET 464287226 49,444,420 523,000 SH SOLE 523,000 0 0
ISHARES TR MSCI EAFE ETF 464287465 41,349,778 398,015 SH SOLE 398,015 0 0
ISHARES TR US TREAS BD ETF 46429B267 27,337,500 1,250,000 SH SOLE 1,250,000 0 0
ISHARES TR CORE MSCI EAFE 46432F842 54,252,800 560,000 SH SOLE 560,000 0 0
JOHNSON & JOHNSON COM 478160104 4,487,343 16,950 SH SOLE 16,950 0 0
JPMORGAN CHASE & CO COM 46625H100 13,699,670 41,410 SH SOLE 41,410 0 0
LINDE PLC SHS G54950103 1,708,740 3,600 SH SOLE 3,600 0 0
LLOYDS BANKING GROUP PLC SPONSORED ADR 539439109 2,195,700 390,000 SH SOLE 390,000 0 0
MARRIOTT INTL INC NEW CL A 571903202 5,680,050 15,970 SH SOLE 15,970 0 0
MASTERCARD INCORPORATED CL A 57636Q104 4,549,628 8,250 SH SOLE 8,250 0 0
META PLATFORMS INC CL A 30303M102 11,153,268 15,380 SH SOLE 15,380 0 0
MICROSOFT CORP COM 594918104 25,727,064 50,160 SH SOLE 50,160 0 0
MITSUBISHI UFJ FINANCIAL GRO SPONSORED ADS 606822104 1,863,825 80,790 SH SOLE 80,790 0 0
NETFLIX INC. COM 64110L106 2,724,753 39,160 SH SOLE 39,160 0 0
NEXTERA ENERGY INC COM 65339F101 1,578,422 20,840 SH SOLE 20,840 0 0
NORTHROP GRUMMAN CORP COM 666807102 4,733,269 9,790 SH SOLE 9,790 0 0
NOVO-NORDISK A S ADR 670100205 1,119,103 29,520 SH SOLE 29,520 0 0
NVIDIA CORPORATION COM 67066G104 39,249,387 171,860 SH SOLE 171,860 0 0
ORACLE CORP COM 68389X105 1,650,346 12,020 SH SOLE 12,020 0 0
PEPSICO INC COM 713448108 6,320,794 49,880 SH SOLE 49,880 0 0
PROCTER & GAMBLE CO COM 742718109 7,715,821 53,110 SH SOLE 53,110 0 0
PROLOGIS INC. COM 74340W103 2,624,066 20,210 SH SOLE 20,210 0 0
REGENERON PHARMACEUTICALS COM 75886F107 1,675,777 2,210 SH SOLE 2,210 0 0
RIO TINTO PLC SPONSORED ADR 767204100 2,545,415 27,030 SH SOLE 27,030 0 0
RTX CORPORATION COM 75513E101 10,279,441 55,370 SH SOLE 55,370 0 0
SALESFORCE INC COM 79466L302 8,005,106 34,870 SH SOLE 34,870 0 0
SAP SE SPON ADR 803054204 1,951,373 9,360 SH SOLE 9,360 0 0
SHELL PLC SPON ADS 780259305 907,728 9,550 SH SOLE 9,550 0 0
SLB LIMITED COM STK 806857108 2,178,758 44,720 SH SOLE 44,720 0 0
SOUTHERN CO COM 842587107 5,086,130 61,360 SH SOLE 61,360 0 0
SUMITOMO MITSUI FIN GRP INC SPONSORED ADR 86562M209 1,828,469 70,570 SH SOLE 70,570 0 0
TEXAS INSTRS INC COM 882508104 13,351,890 47,670 SH SOLE 47,670 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 6,696,496 9,920 SH SOLE 9,920 0 0
TOYOTA MOTOR CORP ADS 892331307 2,182,552 11,920 SH SOLE 11,920 0 0
UNION PAC CORP COM 907818108 10,008,941 36,780 SH SOLE 36,780 0 0
UNITEDHEALTH GROUP INC COM 91324P102 3,362,453 9,160 SH SOLE 9,160 0 0
US BANCORP COM NEW 902973304 3,586,896 62,100 SH SOLE 62,100 0 0
VANGUARD ADMIRAL FDS INC MIDCP 400 IDX 921932885 62,828,160 516,000 SH SOLE 516,000 0 0
VANGUARD BD INDEX FDS TOTAL BND MRKT 921937835 52,402,050 747,000 SH SOLE 747,000 0 0
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 152,086,620 217,000 SH SOLE 217,000 0 0
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 127,700,196 182,205 SH SOLE 182,205 0 0
VANGUARD INTL EQUITY INDEX F TT WRLD ST ETF 922042742 34,332,375 217,500 SH SOLE 217,500 0 0
VANGUARD SCOTTSDALE FDS VNG RUS2000IDX 92206C664 11,224,000 100,000 SH SOLE 100,000 0 0
VANGUARD SCOTTSDALE FDS LG-TERM COR BD 92206C813 5,445,750 79,500 SH SOLE 79,500 0 0
VANGUARD SCOTTSDALE FDS LONG TERM TREAS 92206C847 32,089,600 640,000 SH SOLE 640,000 0 0
VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT 921943858 88,262,500 1,250,000 SH SOLE 1,250,000 0 0
VISA INC COM CL A 92826C839 5,346,830 14,880 SH SOLE 14,880 0 0
WALMART INC COM 931142103 3,171,638 30,520 SH SOLE 30,520 0 0
XANADU QUANTUM TECHNOLO LTD SUB VTG B 98390R102 10,574,725 2,308,892 SH SOLE 2,308,892 0 0