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
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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ABBVIE INC COM 00287Y109   8,231,064 46,320 SH   SOLE   46,320 0 0
ABRDN ETFS BBRG ALL COMD K1 003261104   19,514,975 988,100 SH   SOLE   988,100 0 0
ADOBE INC COM 00724F101   8,604,558 19,350 SH   SOLE   19,350 0 0
ADVANCED MICRO DEVICES INC COM 007903107   2,298,634 19,030 SH   SOLE   19,030 0 0
ALPHABET INC CAP STK CL A 02079K305   35,999,181 190,170 SH   SOLE   190,170 0 0
AMAZON COM INC COM 023135106   29,681,273 135,290 SH   SOLE   135,290 0 0
AMERICAN TOWER CORP NEW COM 03027X100   4,563,241 24,880 SH   SOLE   24,880 0 0
APPLE INC COM 037833100   270,098,004 1,078,580 SH   SOLE   1,078,580 0 0
ASML HOLDING N V N Y REGISTRY SHS N07059210   748,526 1,080 SH   SOLE   1,080 0 0
AT&T INC COM 00206R102   22,419,342 984,600 SH   SOLE   984,600 0 0
BANCO SANTANDER S.A. ADR 05964H105   2,541,698 557,390 SH   SOLE   557,390 0 0
BANK AMERICA CORP COM 060505104   43,459,958 988,850 SH   SOLE   988,850 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702   31,910,912 70,400 SH   SOLE   70,400 0 0
BHP GROUP LTD SPONSORED ADS 088606108   1,751,044 35,860 SH   SOLE   35,860 0 0
BOSTON SCIENTIFIC CORP COM 101137107   4,932,250 55,220 SH   SOLE   55,220 0 0
BRITISH AMERN TOB PLC SPONSORED ADR 110448107   4,009,728 110,400 SH   SOLE   110,400 0 0
BROADCOM INC COM 11135F101   40,187,146 173,340 SH   SOLE   173,340 0 0
CHEVRON CORP NEW COM 166764100   19,746,037 136,330 SH   SOLE   136,330 0 0
CHIPOTLE MEXICAN GRILL INC COM 169656105   10,711,089 177,630 SH   SOLE   177,630 0 0
CHUBB LIMITED COM H1467J104   2,597,220 9,400 SH   SOLE   9,400 0 0
CISCO SYS INC COM 17275R102   8,311,680 140,400 SH   SOLE   140,400 0 0
CITIGROUP INC COM NEW 172967424   4,666,857 66,300 SH   SOLE   66,300 0 0
CME GROUP INC COM 12572Q105   10,167,029 43,780 SH   SOLE   43,780 0 0
COCA COLA CO COM 191216100   13,634,006 218,985 SH   SOLE   218,985 0 0
COMCAST CORP NEW CL A 20030N101   4,026,594 107,290 SH   SOLE   107,290 0 0
CONSTELLATION ENERGY CORP COM 21037T109   16,263,717 72,700 SH   SOLE   72,700 0 0
CROWN CASTLE INC COM 22822V101   3,719,345 40,980 SH   SOLE   40,980 0 0
DANAHER CORPORATION COM 235851102   4,258,153 18,550 SH   SOLE   18,550 0 0
DIGITAL RLTY TR INC COM 253868103   3,468,575 19,560 SH   SOLE   19,560 0 0
DISNEY WALT CO COM 254687106   3,410,651 30,630 SH   SOLE   30,630 0 0
DUKE ENERGY CORP NEW COM NEW 26441C204   14,667,724 136,140 SH   SOLE   136,140 0 0
EDWARDS LIFESCIENCES CORP COM 28176E108   4,498,803 60,770 SH   SOLE   60,770 0 0
ELI LILLY & CO COM 532457108   17,979,880 23,290 SH   SOLE   23,290 0 0
EXXON MOBIL CORP COM 30231G102   57,616,643 535,620 SH   SOLE   535,620 0 0
FIFTH THIRD BANCORP COM 316773100   9,878,299 233,640 SH   SOLE   233,640 0 0
HALLIBURTON CO COM 406216101   1,611,008 59,250 SH   SOLE   59,250 0 0
HARTFORD FINL SVCS GROUP INC COM 416515104   9,266,180 84,700 SH   SOLE   84,700 0 0
HOME DEPOT INC COM 437076102   18,115,264 46,570 SH   SOLE   46,570 0 0
ICICI BANK LIMITED ADR 45104G104   806,220 27,000 SH   SOLE   27,000 0 0
ILLINOIS TOOL WKS INC COM 452308109   9,318,330 36,750 SH   SOLE   36,750 0 0
INTUITIVE SURGICAL INC COM NEW 46120E602   5,256,137 10,070 SH   SOLE   10,070 0 0
INVESCO ACTVELY MNGD ETC FD OPTIMUM YIELD 46090F100   17,118,222 1,317,800 SH   SOLE   1,317,800 0 0
INVESCO DB COMMDY INDX TRCK UNIT 46138B103   17,815,954 833,300 SH   SOLE   833,300 0 0
INVESCO EXCH TRADED FD TR II S&P500 LOW VOL 46138E354   61,964,000 885,200 SH   SOLE   885,200 0 0
ISHARES INC MSCI CDA ETF 464286509   9,341,540 231,800 SH   SOLE   231,800 0 0
ISHARES INC CORE MSCI EMKT 46434G103   54,549,012 1,044,600 SH   SOLE   1,044,600 0 0
ISHARES TR S&P 100 ETF 464287101   39,110,290 135,400 SH   SOLE   135,400 0 0
ISHARES TR CORE US AGGBD ET 464287226   35,845,733 369,925 SH   SOLE   369,925 0 0
ISHARES TR CORE S&P MCP ETF 464287507   20,010,857 321,150 SH   SOLE   321,150 0 0
ISHARES TR CORE S&P SCP ETF 464287804   19,829,362 172,100 SH   SOLE   172,100 0 0
ISHARES TR MSCI USA MIN VOL 46429B697   62,801,167 707,300 SH   SOLE   707,300 0 0
ISHARES TR CORE MSCI EAFE 46432F842   95,039,644 1,352,300 SH   SOLE   1,352,300 0 0
JOHNSON & JOHNSON COM 478160104   15,922,662 110,100 SH   SOLE   110,100 0 0
JPMORGAN CHASE & CO. COM 46625H100   82,347,576 343,530 SH   SOLE   343,530 0 0
LINDE PLC SHS G54950103   1,343,931 3,210 SH   SOLE   3,210 0 0
LLOYDS BANKING GROUP PLC SPONSORED ADR 539439109   718,080 264,000 SH   SOLE   264,000 0 0
MARRIOTT INTL INC NEW CL A 571903202   12,039,050 43,160 SH   SOLE   43,160 0 0
MASTERCARD INCORPORATED CL A 57636Q104   7,071,835 13,430 SH   SOLE   13,430 0 0
MERCK & CO INC COM 58933Y105   3,730,500 37,500 SH   SOLE   37,500 0 0
META PLATFORMS INC CL A 30303M102   18,894,408 32,270 SH   SOLE   32,270 0 0
MICROSOFT CORP COM 594918104   197,122,905 467,670 SH   SOLE   467,670 0 0
MITSUBISHI UFJ FINL GROUP IN SPONSORED ADS 606822104   1,762,336 150,370 SH   SOLE   150,370 0 0
NATIONAL GRID PLC SPONSORED ADR NE 636274409   2,418,394 40,700 SH   SOLE   40,700 0 0
NETFLIX INC COM 64110L106   5,659,882 6,350 SH   SOLE   6,350 0 0
NEXTERA ENERGY INC COM 65339F101   2,360,752 32,930 SH   SOLE   32,930 0 0
NORTHROP GRUMMAN CORP COM 666807102   7,818,371 16,660 SH   SOLE   16,660 0 0
NOVO-NORDISK A S ADR 670100205   6,240,751 72,550 SH   SOLE   72,550 0 0
NVIDIA CORPORATION COM 67066G104   172,467,304 1,284,290 SH   SOLE   1,284,290 0 0
ORACLE CORP COM 68389X105   8,205,354 49,240 SH   SOLE   49,240 0 0
PEPSICO INC COM 713448108   12,268,201 80,680 SH   SOLE   80,680 0 0
PROCTER AND GAMBLE CO COM 742718109   15,893,220 94,800 SH   SOLE   94,800 0 0
PROGRESSIVE CORP COM 743315103   5,745,848 23,980 SH   SOLE   23,980 0 0
PROLOGIS INC. COM 74340W103   3,455,333 32,690 SH   SOLE   32,690 0 0
RIO TINTO PLC SPONSORED ADR 767204100   1,800,174 30,610 SH   SOLE   30,610 0 0
RTX CORPORATION COM 75513E101   10,393,970 89,820 SH   SOLE   89,820 0 0
SALESFORCE INC COM 79466L302   11,236,831 33,610 SH   SOLE   33,610 0 0
SAP SE SPON ADR 803054204   2,614,750 10,620 SH   SOLE   10,620 0 0
SCHLUMBERGER LTD COM STK 806857108   1,530,916 39,930 SH   SOLE   39,930 0 0
SHELL PLC SPON ADS 780259305   7,645,180 122,030 SH   SOLE   122,030 0 0
SOUTHERN CO COM 842587107   8,236,116 100,050 SH   SOLE   100,050 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103   17,582,400 30,000 SH   SOLE   30,000 0 0
SPDR SER TR PORTFOLIO LN TSR 78464A664   59,587,488 2,275,200 SH   SOLE   2,275,200 0 0
SUMITOMO MITSUI FINL GROUP I SPONSORED ADR 86562M209   1,840,810 127,040 SH   SOLE   127,040 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100   19,038,036 96,400 SH   SOLE   96,400 0 0
TEXAS INSTRS INC COM 882508104   12,521,918 66,780 SH   SOLE   66,780 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102   4,364,730 8,390 SH   SOLE   8,390 0 0
TOYOTA MOTOR CORP ADS 892331307   1,331,132 6,840 SH   SOLE   6,840 0 0
UNION PAC CORP COM 907818108   11,867,202 52,040 SH   SOLE   52,040 0 0
UNITEDHEALTH GROUP INC COM 91324P102   22,262,899 44,010 SH   SOLE   44,010 0 0
US BANCORP DEL COM NEW 902973304   4,830,830 101,000 SH   SOLE   101,000 0 0
VANGUARD ADMIRAL FDS INC MIDCP 400 IDX 921932885   94,950,000 900,000 SH   SOLE   900,000 0 0
VANGUARD BD INDEX FDS TOTAL BND MRKT 921937835   48,179,700 670,000 SH   SOLE   670,000 0 0
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363   158,841,188 294,800 SH   SOLE   294,800 0 0
VANGUARD INTL EQUITY INDEX F TT WRLD ST ETF 922042742   53,347,668 454,100 SH   SOLE   454,100 0 0
VANGUARD SCOTTSDALE FDS VNG RUS2000IDX 92206C664   8,933,000 100,000 SH   SOLE   100,000 0 0
VANGUARD SCOTTSDALE FDS LONG TERM TREAS 92206C847   26,844,750 485,000 SH   SOLE   485,000 0 0
VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT 921943858   59,775,000 1,250,000 SH   SOLE   1,250,000 0 0
VERIZON COMMUNICATIONS INC COM 92343V104   21,926,517 548,300 SH   SOLE   548,300 0 0
VERTEX PHARMACEUTICALS INC COM 92532F100   3,338,383 8,290 SH   SOLE   8,290 0 0
VISA INC COM CL A 92826C839   7,591,281 24,020 SH   SOLE   24,020 0 0
WALMART INC COM 931142103   4,504,851 49,860 SH   SOLE   49,860 0 0
WELLS FARGO CO NEW COM 949746101   21,619,872 307,800 SH   SOLE   307,800 0 0