Chief Compliance Officer

0001085146-25-002212.txt : 20250422 0001085146-25-002212.hdr.sgml : 20250422 20250421204723 ACCESSION NUMBER: 0001085146-25-002212 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20250331 FILED AS OF DATE: 20250422 DATE AS OF CHANGE: 20250421 EFFECTIVENESS DATE: 20250422 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CANTOR FITZGERALD INVESTMENT ADVISORS L.P. CENTRAL INDEX KEY: 0001710477 ORGANIZATION NAME: EIN: 273047790 STATE OF INCORPORATION: NY FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-18098 FILM NUMBER: 25854776 BUSINESS ADDRESS: STREET 1: 110 EAST 59TH STREET CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2128294952 MAIL ADDRESS: STREET 1: 110 EAST 59TH STREET CITY: NEW YORK STATE: NY ZIP: 10022 FORMER COMPANY: FORMER CONFORMED NAME: CANTOR FITZGERALD INVESTMENT ADVISOR L.P DATE OF NAME CHANGE: 20220210 FORMER COMPANY: FORMER CONFORMED NAME: CANTOR FITZGERALD INVESTMENT ADVISER L.P. DATE OF NAME CHANGE: 20170627 13F-HR 1 primary_doc.xml X0202 13F-HR LIVE false false false 0001710477 XXXXXXXX 03-31-2025 03-31-2025 false CANTOR FITZGERALD INVESTMENT ADVISORS L.P.

110 EAST 59TH STREET NEW YORK NY 10022

13F HOLDINGS REPORT 028-18098 000159296 801-72852 N Walter Karle Chief Compliance Officer 212-915-1722 /s/ Walter Karle New York NY 04-21-2025 1 183 1374336264 false 1 0001024896 028-22122 CANTOR FITZGERALD, L. P. INFORMATION TABLE 2 infotable.xml INFORMATION TABLE 3M CO COM 88579Y101 BBG001S5T7X2 307819 2096 SH SOLE 0 0 2096 ABBVIE INC COM 00287Y109 BBG0025Y4RZ3 900936 4300 SH SOLE 0 0 4300 AGILENT TECHNOLOGIES INC COM 00846U101 BBG001SCTQY4 310609 2655 SH SOLE 0 0 2655 ALPHABET INC CAP STK CL A 02079K305 BBG009S39JY5 256702 1660 SH SOLE 200 0 1460 ALTSHARES TRUST MERGER ARBITRAGE 02210T108 BBG00S7NVRB4 16441207 582196 SH SOLE 0 0 582196 AMAZON COM INC COM 023135106 BBG001S5PQL7 958999 5040 SH SOLE 500 0 4540 ANALOG DEVICES INC COM 032654105 BBG001S5ND38 893600 4431 SH SOLE 0 0 4431 APPLE INC COM 037833100 BBG001S5N8V8 7797208 35102 SH SOLE 16293 0 18809 APPLIED MATLS INC COM 038222105 BBG001S5NMM7 489635 3374 SH SOLE 0 0 3374 AT&T INC COM 00206R102 BBG001S5VWH2 16013409 566245 SH SOLE 462615 0 103630 ATMOS ENERGY CORP COM 049560105 BBG001S5VG05 13780555 89148 SH SOLE 69796 0 19352 BANK AMERICA CORP COM 060505104 BBG001S5P0Y0 4139254 99191 SH SOLE 93074 0 6117 BANK NEW YORK MELLON CORP COM 064058100 BBG001S5P6Q6 5036961 60057 SH SOLE 32660 0 27397 BERKSHIRE HATHAWAY INC DEL CL A 084670108 BBG001S902J2 2395325 3 SH SOLE 0 0 3 BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 BBG001S90346 858144 1611 SH SOLE 0 0 1611 BEST BUY INC COM 086516101 BBG001S5P285 14529984 197391 SH SOLE 194481 0 2910 BLACKSTONE INC COM 09260D107 BBG001S7H949 1326372 9489 SH SOLE 0 0 9489 BOOT BARN HLDGS INC COM 099406100 BBG007D38ZV3 262129 2440 SH SOLE 0 0 2440 BRISTOL-MYERS SQUIBB CO COM 110122108 BBG001S8N8J6 16522226 270900 SH SOLE 239085 0 31815 BROADCOM INC COM 11135F101 BBG00KHY5SY8 3483313 20805 SH SOLE 13180 0 7625 BWX TECHNOLOGIES INC COM 05605H100 BBG001SGJPH7 325545 3300 SH SOLE 3000 0 300 CAPITAL ONE FINL CORP COM 14040H105 BBG001S65PV8 2967953 16553 SH SOLE 15718 0 835 CATERPILLAR INC COM 149123101 BBG001S5PJ06 362780 1100 SH SOLE 0 0 1100 CHEVRON CORP NEW COM 166764100 BBG001S67ZC5 17127639 102383 SH SOLE 82290 0 20093 CISCO SYS INC COM 17275R102 BBG001S6HC62 23741040 384719 SH SOLE 322048 0 62671 COCA COLA CO COM 191216100 BBG001S5SMQ8 216507 3023 SH SOLE 2623 0 400 COMCAST CORP NEW CL A 20030N101 BBG001S5PXL2 13056369 353831 SH SOLE 319909 0 33922 CONAGRA BRANDS INC COM 205887102 BBG001S5PGY5 9126654 342207 SH SOLE 336517 0 5690 CONOCOPHILLIPS COM 20825C104 BBG001S5TZM2 16150484 153785 SH SOLE 129756 0 24029 CORNING INC COM 219350105 BBG001S5RLH1 7142825 156025 SH SOLE 153695 0 2330 COSTCO WHSL CORP NEW COM 22160K105 BBG001S9KRQ7 2022078 2138 SH SOLE 0 0 2138 CRESCENT ENERGY COMPANY CL A COM 44952J104 BBG013THLJ08 163542 14550 SH SOLE 0 0 14550 CVS HEALTH CORP COM 126650100 BBG001S5QBD8 27311421 403120 SH SOLE 362454 0 40666 DBX ETF TR XTRACKERS MSCI 233051218 BBG00LTQFLT0 444162 14449 SH SOLE 0 0 14449 DBX ETF TR XTRACKERS MSCI E 233051226 BBG00MQCZH19 247953 8846 SH SOLE 0 0 8846 DBX ETF TR XTRACKERS SHRT 233051283 BBG00JQ1CS66 6997786 156900 SH SOLE 0 0 156900 DBX ETF TR XTRACKRS S&P 500 233051143 BBG00PK99PR8 1740793 34519 SH SOLE 0 0 34519 DELL TECHNOLOGIES INC CL C 24703L202 BBG00DW3SZT0 969563 10637 SH SOLE 10487 0 150 DEVON ENERGY CORP NEW COM 25179M103 BBG001S63VG4 10209839 272990 SH SOLE 267783 0 5207 DIMENSIONAL ETF TRUST US MKTWIDE VALUE 25434V724 BBG0177CTQC7 1132039 27470 SH SOLE 0 0 27470 DOLLAR GEN CORP NEW COM 256677105 BBG001T5BM30 8869386 100869 SH SOLE 99339 0 1530 DOMINION ENERGY INC COM 25746U109 BBG001S5QCP3 1934135 34495 SH SOLE 34195 0 300 DOW INC COM 260557103 BBG00BN96931 9817635 281146 SH SOLE 234810 0 46336 DUKE ENERGY CORP NEW COM NEW 26441C204 BBG001S5QNR7 14739814 120847 SH SOLE 104314 0 16533 EATON CORP PLC SHS G29183103 BBG001S5QZ45 2547047 9370 SH SOLE 8720 0 650 EMERSON ELEC CO COM 291011104 BBG001S5QVT7 17783940 162203 SH SOLE 131583 0 30620 EXXON MOBIL CORP COM 30231G102 BBG001S69V32 19993867 168114 SH SOLE 132306 0 35808 FEDEX CORP COM 31428X106 BBG001S5R3M5 2746181 11265 SH SOLE 10869 0 396 FIDELITY COVINGTON TRUST MSCI INFO TECH I 316092808 BBG005FHWBL1 4783940 29664 SH SOLE 0 0 29664 FIDELITY NATL INFORMATION SV COM 31620M106 BBG001S8SWQ0 13467597 180338 SH SOLE 151092 0 29246 FORD MTR CO COM 345370860 BBG001S5TZ33 874094 87148 SH SOLE 83813 0 3335 FREEPORT-MCMORAN INC CL B 35671D857 BBG001S5R3F3 506302 13373 SH SOLE 12886 0 487 FTAI AVIATION LTD SHS G3730V105 BBG019M62R54 388605 3500 SH SOLE 0 0 3500 FTAI INFRASTRUCTURE INC COMMON STOCK 35953C106 BBG0174VKJB4 47565 10500 SH SOLE 0 0 10500 GE AEROSPACE COM NEW 369604301 BBG001S5PVD5 456542 2281 SH SOLE 1965 0 316 GENUINE PARTS CO COM 372460105 BBG001S5RNH7 12263597 102934 SH SOLE 82588 0 20346 GLOBAL X FDS 1-3 MONTH T-BILL 37960A438 BBG01H2Z08D9 694040 6910 SH SOLE 0 0 6910 GOLDMAN SACHS GROUP INC COM 38141G104 BBG001SC07Z6 218516 400 SH SOLE 0 0 400 HANESBRANDS INC COM 410345102 BBG001SMCKB8 768929 133263 SH SOLE 0 0 133263 HEWLETT PACKARD ENTERPRISE C COM 42824C109 BBG0078W3NP4 11161075 723336 SH SOLE 712571 0 10765 HOME DEPOT INC COM 437076102 BBG001S5RTW7 5730129 15635 SH SOLE 15197 0 438 HP INC COM 40434L105 BBG001S6W7N7 16291415 588350 SH SOLE 503440 0 84910 INTEL CORP COM 458140100 BBG001S5SF65 2569739 113155 SH SOLE 59770 0 53385 INTERNATIONAL BUSINESS MACHS COM 459200101 BBG001S5S399 9847230 39601 SH SOLE 13841 0 25760 INTERNATIONAL FLAVORS&FRAGRA COM 459506101 BBG001S5S5F7 8367194 107811 SH SOLE 106366 0 1445 INVESCO QQQ TR UNIT SER 1 46090E103 BBG001S9GN63 37939755 80909 SH SOLE 0 0 80909 ISHARES INC CORE MSCI EMKT 46434G103 BBG003HC3DG9 3508059 65000 SH SOLE 0 0 65000 ISHARES TR 20 YR TR BD ETF 464287432 BBG001S8MLN3 19400968 213127 SH SOLE 0 0 213127 ISHARES TR 3 7 YR TREAS BD 464288661 BBG001SSD812 52230264 442124 SH SOLE 0 0 442124 ISHARES TR CORE MSCI EAFE 46432F842 BBG003H6TRS0 732141 9678 SH SOLE 0 0 9678 ISHARES TR CORE MSCI INTL 46435G326 BBG00G9DM0M7 5356208 77750 SH SOLE 0 0 77750 ISHARES TR CORE MSCI TOTAL 46432F834 BBG003H6TMV7 532231 7624 SH SOLE 0 0 7624 ISHARES TR CORE S&P MCP ETF 464287507 BBG001SFC7V0 16178397 277265 SH SOLE 0 0 277265 ISHARES TR CORE S&P SCP ETF 464287804 BBG001SFC7W9 4572888 43730 SH SOLE 0 0 43730 ISHARES TR CORE S&P TTL STK 464287150 BBG001SHTRL5 1326737 10874 SH SOLE 0 0 10874 ISHARES TR CORE S&P500 ETF 464287200 BBG001SFB7R6 56714875 100934 SH SOLE 0 0 100934 ISHARES TR CORE TOTAL USD 46434V613 BBG006MJCSW0 885720 19221 SH SOLE 0 0 19221 ISHARES TR ESG AWR MSCI USA 46435G425 BBG00FFPFTS4 513729 4214 SH SOLE 0 0 4214 ISHARES TR ESG AWR US AGRGT 46435U549 BBG00MC0P0K7 2405764 50669 SH SOLE 0 0 50669 ISHARES TR ESG AWRE 1 5 YR 46435G243 BBG00H4BFM35 938050 37537 SH SOLE 0 0 37537 ISHARES TR ESG SELECT SCRE 46436E551 BBG00XDJF7W4 271458 6948 SH SOLE 0 0 6948 ISHARES TR FLTG RATE NT ETF 46429B655 BBG001V1QYX1 384917 7540 SH SOLE 0 0 7540 ISHARES TR IBOXX HI YD ETF 464288513 BBG001ST0ZQ7 200302 2539 SH SOLE 0 0 2539 ISHARES TR MBS ETF 464288588 BBG001SSD8B1 1345912 14352 SH SOLE 0 0 14352 ISHARES TR RUSSELL 2000 ETF 464287655 BBG001SFC7Y7 1136694 5698 SH SOLE 0 0 5698 ISHARES TR SELECT DIVID ETF 464287168 BBG001SDJVG2 342171 2548 SH SOLE 0 0 2548 JOHNSON & JOHNSON COM 478160104 BBG001S5SHQ9 20651963 124530 SH SOLE 107781 0 16749 JPMORGAN CHASE & CO. COM 46625H100 BBG001S8CRC3 22840599 93113 SH SOLE 72559 0 20554 KELLANOVA COM 487836108 BBG001S5SJL0 13919270 168739 SH SOLE 129748 0 38991 KEYCORP COM 493267108 BBG001S5SKV6 1786738 111741 SH SOLE 0 0 111741 KIMBERLY-CLARK CORP COM 494368103 BBG001S5SLZ0 15356097 107974 SH SOLE 93122 0 14852 KOHLS CORP COM 500255104 BBG001S71NV5 416730 50945 SH SOLE 27234 0 23711 LINCOLN NATL CORP IND COM 534187109 BBG001S5STV7 2162753 60227 SH SOLE 34783 0 25444 LOCKHEED MARTIN CORP COM 539830109 BBG001S7PS57 7651651 17129 SH SOLE 13431 0 3698 LOWES COS INC COM 548661107 BBG001S5SVL3 202210 867 SH SOLE 300 0 567 M & T BK CORP COM 55261F104 BBG001S7S2B4 1573054 8800 SH SOLE 0 0 8800 MASTERCARD INCORPORATED CL A 57636Q104 BBG001SKNNS6 1274379 2325 SH SOLE 0 0 2325 MEDTRONIC PLC SHS G5960L103 BBG001S5T2S9 16675523 185572 SH SOLE 160057 0 25515 MERCK & CO INC COM 58933Y105 BBG001S5TC52 13270257 147841 SH SOLE 113648 0 34193 META PLATFORMS INC CL A 30303M102 BBG001SQCQC5 937161 1626 SH SOLE 0 0 1626 METLIFE INC COM 59156R108 BBG001S5T3R8 11902320 148241 SH SOLE 117132 0 31109 MICROSOFT CORP COM 594918104 BBG001S5TD05 6073900 16180 SH SOLE 10742 0 5438 MONDELEZ INTL INC CL A 609207105 BBG001SHHZJ3 20840697 307159 SH SOLE 273999 0 33160 NATIONAL FUEL GAS CO COM 636180101 BBG001S5TLR8 10669784 134736 SH SOLE 110710 0 24026 NEW YORK LIFE INVESTMENTS ET NYLI MERGER ARBI 45409B800 BBG001S6VS16 2161823 63027 SH SOLE 0 0 63027 NISOURCE INC COM 65473P105 BBG001S5TMF9 13156512 328174 SH SOLE 323319 0 4855 NORFOLK SOUTHN CORP COM 655844108 BBG001S5TQJ6 219086 925 SH SOLE 925 0 0 NUCOR CORP COM 670346105 BBG001S5TRV0 2652131 22039 SH SOLE 9643 0 12396 NUCOR CORP COM 670346105 BBG001S5TRV0 810 100 SH Call SOLE 0 0 100 NUSHARES ETF TR ESG HI TLD CRP 67092P854 BBG00QD6KLQ7 276971 13077 SH SOLE 0 0 13077 NUSHARES ETF TR NUVEEN ESG US 67092P870 BBG00HTVKZ20 905215 40803 SH SOLE 0 0 40803 NUVEEN CALIFORNIA MUNI VLU F COM STK 67062C107 BBG001S5TJV8 101828 11772 SH SOLE 0 0 11772 NVIDIA CORPORATION COM 67066G104 BBG001S5TZJ6 2491981 22993 SH SOLE 0 0 22993 ORGANON & CO COMMON STOCK 68622V106 BBG00ZQRGW42 1179030 79183 SH SOLE 37589 0 41594 PARAMOUNT GLOBAL CLASS B COM 92556H206 BBG001S6L063 807681 67532 SH SOLE 0 0 67532 PEPSICO INC COM 713448108 BBG001S695T1 721511 4812 SH SOLE 4251 0 561 PFIZER INC COM 717081103 BBG001S5V466 12986811 512502 SH SOLE 463016 0 49486 PHILIP MORRIS INTL INC COM 718172109 BBG001STP9N1 15508265 97702 SH SOLE 73643 0 24059 PPG INDS INC COM 693506107 BBG001S5VC13 8841093 80851 SH SOLE 79631 0 1220 PPL CORP COM 69351T106 BBG001S5VC31 2419328 66999 SH SOLE 0 0 66999 PROCTER AND GAMBLE CO COM 742718109 BBG001S5V4L9 1492198 8756 SH SOLE 3550 0 5206 PRUDENTIAL FINL INC COM 744320102 BBG001S97MM7 11524510 103193 SH SOLE 83987 0 19206 QUALCOMM INC COM 747525103 BBG001S6VS70 525346 3420 SH SOLE 0 0 3420 QUANTA SVCS INC COM 74762E102 BBG001S5VH85 1821454 7166 SH SOLE 6750 0 416 RTX CORPORATION COM 75513E101 BBG001S5X5Q9 18270996 137936 SH SOLE 104068 0 33868 SALESFORCE INC COM 79466L302 BBG001SDLP09 375704 1400 SH SOLE 0 0 1400 SCHLUMBERGER LTD COM STK 806857108 BBG001S5W4C8 6579911 157414 SH SOLE 154444 0 2970 SCHWAB STRATEGIC TR INT-TRM U.S TRES 808524854 BBG001T9F7C1 1145748 46088 SH SOLE 0 0 46088 SCHWAB STRATEGIC TR US BRD MKT ETF 808524102 BBG001T5XQT9 224063 10407 SH SOLE 0 0 10407 SCHWAB STRATEGIC TR US LRG CAP ETF 808524201 BBG001T5XQV6 25428054 1151633 SH SOLE 0 0 1151633 SCHWAB STRATEGIC TR US MID-CAP ETF 808524508 BBG001V036R6 6104987 233015 SH SOLE 0 0 233015 SCHWAB STRATEGIC TR US SML CAP ETF 808524607 BBG001T5XQW5 1435376 61262 SH SOLE 0 0 61262 SELECT SECTOR SPDR TR FINANCIAL 81369Y605 BBG001S7T223 596574 11977 SH SOLE 0 0 11977 SHELL PLC SPON ADS 780259305 BBG0147BN6H1 21120510 288216 SH SOLE 241409 0 46807 SIMON PPTY GROUP INC NEW COM 828806109 BBG001S77WM9 6571211 39567 SH SOLE 16546 0 23021 SKYWORKS SOLUTIONS INC COM 83088M102 BBG001SCYWS2 755848 11695 SH SOLE 0 0 11695 SMUCKER J M CO COM NEW 832696405 BBG001S5W3H5 13681028 115540 SH SOLE 103109 0 12431 SOUTHERN CO COM 842587107 BBG001S5W777 514920 5600 SH SOLE 5600 0 0 SPDR GOLD TR GOLD SHS 78463V107 BBG001SCPX28 461024 1600 SH SOLE 0 0 1600 SPDR INDEX SHS FDS PORTFOLIO DEVLPD 78463X889 BBG001SRXRJ1 297513 8171 SH SOLE 0 0 8171 SPDR INDEX SHS FDS PORTFOLIO EMG MK 78463X509 BBG001SRXRD7 1409446 35800 SH SOLE 0 0 35800 SPDR S&P 500 ETF TR TR UNIT 78462F103 BBG001S72SM3 5666129 10129 SH SOLE 0 0 10129 SPDR SER TR BLOOMBERG 1-3 MO 78468R663 BBG001STKCW9 313776 3421 SH SOLE 0 0 3421 SPDR SER TR BLOOMBERG SHT TE 78468R408 BBG002QLYD04 10336809 410843 SH SOLE 0 0 410843 SPDR SER TR PORT MTG BK ETF 78464A383 BBG001T2HF72 5668735 257085 SH SOLE 0 0 257085 SPDR SER TR PORTFOLIO INTRMD 78464A375 BBG001T2HCY9 25571508 769299 SH SOLE 0 0 769299 SPDR SER TR PRTFLO S&P500 GW 78464A409 BBG001SD7RB9 1057019 13152 SH SOLE 0 0 13152 SPDR SER TR PRTFLO S&P500 VL 78464A508 BBG001SG4284 1458065 28550 SH SOLE 0 0 28550 STANLEY BLACK & DECKER INC COM 854502101 BBG001S5WHT1 11164138 145215 SH SOLE 126358 0 18857 STATE STR CORP COM 857477103 BBG001S5RLD5 6052228 67600 SH SOLE 66550 0 1050 TAPESTRY INC COM 876030107 BBG001SFH7D5 15718558 223243 SH SOLE 164242 0 59001 TARGET CORP COM 87612E106 BBG001SC0K41 10856768 104032 SH SOLE 94924 0 9108 TEXAS CAP BANCSHARES INC COM 88224Q107 BBG001SJ1VS5 388440 5200 SH SOLE 0 0 5200 TEXAS INSTRS INC COM 882508104 BBG001S5WYZ7 6307290 35099 SH SOLE 34472 0 627 TJX COS INC NEW COM 872540109 BBG001S5WQ93 1745882 14334 SH SOLE 13212 0 1122 TRANE TECHNOLOGIES PLC SHS G8994E103 BBG001S5SBV6 1669438 4955 SH SOLE 4682 0 273 TRAVELERS COMPANIES INC COM 89417E109 BBG001S5R103 13342186 50451 SH SOLE 49356 0 1095 TRUIST FINL CORP COM 89832Q109 BBG001S5YYC0 17927018 435650 SH SOLE 389331 0 46319 TYSON FOODS INC CL A 902494103 BBG001S871D5 2018287 31630 SH SOLE 0 0 31630 UNITED PARCEL SERVICE INC CL B 911312106 BBG001SDGSH1 18361002 166933 SH SOLE 164498 0 2435 US BANCORP DEL COM NEW 902973304 BBG001S6T8C1 14872361 352259 SH SOLE 297582 0 54677 VANGUARD BD INDEX FDS SHORT TRM BOND 921937827 BBG001ST39Q2 293091 3744 SH SOLE 0 0 3744 VANGUARD BD INDEX FDS TOTAL BND MRKT 921937835 BBG001SK7DK4 4041285 55021 SH SOLE 0 0 55021 VANGUARD INDEX FDS GROWTH ETF 922908736 BBG001SHTTS4 354875 957 SH SOLE 0 0 957 VANGUARD INDEX FDS LARGE CAP ETF 922908637 BBG001SHTTQ6 2759150 10735 SH SOLE 0 0 10735 VANGUARD INDEX FDS MID CAP ETF 922908629 BBG001SHVTS1 1347434 5210 SH SOLE 0 0 5210 VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 BBG001TC6MC1 47284483 92009 SH SOLE 0 0 92009 VANGUARD INDEX FDS TOTAL STK MKT 922908769 BBG001SHTB03 3546426 12904 SH SOLE 0 0 12904 VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775 BBG001SP7T00 1347198 22209 SH SOLE 0 0 22209 VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 BBG001SHTTZ6 16876725 372884 SH SOLE 0 0 372884 VANGUARD SCOTTSDALE FDS INTER TERM TREAS 92206C706 BBG001T62M92 6467177 108875 SH SOLE 0 0 108875 VANGUARD SCOTTSDALE FDS INT-TERM CORP 92206C870 BBG001T62M38 11142958 136289 SH SOLE 0 0 136289 VANGUARD SCOTTSDALE FDS LONG TERM TREAS 92206C847 BBG001T62MC8 3954293 68639 SH SOLE 0 0 68639 VANGUARD SCOTTSDALE FDS MTG-BKD SECS ETF 92206C771 BBG001T62MF5 40120773 866352 SH SOLE 0 0 866352 VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD 92206C409 BBG001T62KZ7 441354 5591 SH SOLE 0 0 5591 VANGUARD SPECIALIZED FUNDS DIV APP ETF 921908844 BBG001SQX4T3 1220197 6290 SH SOLE 0 0 6290 VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT 921943858 BBG001SSPWL4 34253611 673886 SH SOLE 0 0 673886 VANGUARD WORLD FD INF TECH ETF 92204A702 BBG001SHTTR5 1872838 3453 SH SOLE 0 0 3453 VENTAS INC COM 92276F100 BBG001S9T7M6 10910497 158676 SH SOLE 124401 0 34275 VERIZON COMMUNICATIONS INC COM 92343V104 BBG001S67QY1 13467719 296907 SH SOLE 244214 0 52693 VISA INC COM CL A 92826C839 BBG001SRCFY3 1564804 4465 SH SOLE 0 0 4465 WALMART INC COM 931142103 BBG001S5XH92 3168692 36094 SH SOLE 32475 0 3619 WELLS FARGO CO NEW COM 949746101 BBG001S5XF23 22486351 313224 SH SOLE 261580 0 51644