Wbi Investments 13F-HR Quarterly holdings report by institutional manager

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:	Oct 31, 2018
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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	1,016,846	5,584	SH		DFND	1	0	5,584	0
ABBVIE INC	COM	00287Y109	613,256	3,368	SH		SOLE		3,368	0	0
ABSOLUTE SHS TR	WBI BBR VAL 3000	00400R601	25,072,651	817,968	SH		SOLE		817,968	0	0
ABSOLUTE SHS TR	WBI PWR FCTR ETF	00400R858	31,912,520	1,046,849	SH		SOLE		1,046,849	0	0
ABSOLUTE SHS TR	WBI BBR QTY 3000	00400R809	28,834,021	832,233	SH		SOLE		832,233	0	0
ABSOLUTE SHS TR	WBI BBR YLD 3000	00400R700	33,496,680	1,314,381	SH		SOLE		1,314,381	0	0
ADOBE INC	COM	00724F101	660,016	1,308	SH		DFND	1	0	1,308	0
ADOBE INC	COM	00724F101	449,566	891	SH		SOLE		891	0	0
ALPHABET INC	CAP STK CL A	02079K305	205,251	1,360	SH		SOLE		1,360	0	0
ALPS ETF TR	ALERIAN MLP	00162Q452	414,507	8,734	SH		SOLE		8,734	0	0
ALTRIA GROUP INC	COM	02209S103	1,591,417	36,486	SH		SOLE		36,486	0	0
ALTRIA GROUP INC	COM	02209S103	7,041,662	161,432	SH		DFND	1	0	161,432	0
AMAZON COM INC	COM	023135106	1,305,770	7,239	SH		DFND	1	0	7,239	0
AMAZON COM INC	COM	023135106	640,134	3,549	SH		SOLE		3,549	0	0
AMERICAN EXPRESS CO	COM	025816109	377,700	1,659	SH		SOLE		1,659	0	0
AMERIPRISE FINL INC	COM	03076C106	918,531	2,095	SH		DFND	1	0	2,095	0
AMERIPRISE FINL INC	COM	03076C106	624,302	1,424	SH		SOLE		1,424	0	0
AON PLC	SHS CL A	G0403H108	686,462	2,057	SH		DFND	1	0	2,057	0
APPLE INC	COM	037833100	730,333	4,259	SH		DFND	1	0	4,259	0
APPLE INC	COM	037833100	504,804	2,944	SH		SOLE		2,944	0	0
ARISTA NETWORKS INC	COM	040413106	325,604	1,123	SH		SOLE		1,123	0	0
ASSOCIATED BANC CORP	COM	045487105	327,640	15,232	SH		DFND	1	0	15,232	0
AT&T INC	COM	00206R102	1,874,540	106,508	SH		DFND	1	0	106,508	0
AT&T INC	COM	00206R102	317,384	18,034	SH		SOLE		18,034	0	0
AUTOMATIC DATA PROCESSING IN	COM	053015103	757,711	3,034	SH		DFND	1	0	3,034	0
AUTOMATIC DATA PROCESSING IN	COM	053015103	994,601	3,983	SH		SOLE		3,983	0	0
BERKLEY W R CORP	COM	084423102	5,479,033	61,952	SH		DFND	1	0	61,952	0
BERKLEY W R CORP	COM	084423102	1,918,768	21,697	SH		SOLE		21,697	0	0
BEST BUY INC	COM	086516101	3,024,610	36,872	SH		DFND	1	0	36,872	0
BLACKSTONE INC	COM	09260D107	868,749	6,613	SH		DFND	1	0	6,613	0
BLACKSTONE INC	COM	09260D107	489,711	3,728	SH		SOLE		3,728	0	0
BLOCK INC	CL A	852234103	348,520	4,121	SH		SOLE		4,121	0	0
BLUE OWL CAPITAL CORPORATION	COM	69121K104	940,271	61,136	SH		DFND	1	0	61,136	0
BLUE OWL CAPITAL CORPORATION	COM	69121K104	688,833	44,792	SH		SOLE		44,792	0	0
BRISTOL-MYERS SQUIBB CO	COM	110122108	711,432	13,120	SH		SOLE		13,120	0	0
BRISTOL-MYERS SQUIBB CO	COM	110122108	2,110,793	38,923	SH		DFND	1	0	38,923	0
BROADCOM INC	COM	11135F101	929,112	701	SH		DFND	1	0	701	0
BROADCOM INC	COM	11135F101	504,941	381	SH		SOLE		381	0	0
BROADRIDGE FINL SOLUTIONS IN	COM	11133T103	1,520,470	7,422	SH		DFND	1	0	7,422	0
BROADRIDGE FINL SOLUTIONS IN	COM	11133T103	697,705	3,406	SH		SOLE		3,406	0	0
CARRIER GLOBAL CORPORATION	COM	14448C104	678,318	11,669	SH		DFND	1	0	11,669	0
CARRIER GLOBAL CORPORATION	COM	14448C104	1,090,061	18,754	SH		SOLE		18,754	0	0
CATERPILLAR INC	COM	149123101	1,109,916	3,029	SH		DFND	1	0	3,029	0
CENCORA INC	COM	03073E105	424,017	1,745	SH		DFND	1	0	1,745	0
CITIGROUP INC	COM NEW	172967424	552,338	8,734	SH		DFND	1	0	8,734	0
CITIZENS FINL GROUP INC	COM	174610105	650,824	17,934	SH		DFND	1	0	17,934	0
CLEARWAY ENERGY INC	CL C	18539C204	788,356	34,202	SH		DFND	1	0	34,202	0
CNA FINL CORP	COM	126117100	704,464	15,510	SH		DFND	1	0	15,510	0
CNA FINL CORP	COM	126117100	76,617	1,687	SH		SOLE		1,687	0	0
COLUMBIA ETF TR II	INDIA CONSMR ETF	19762B707	315,363	4,927	SH		SOLE		4,927	0	0
COMFORT SYS USA INC	COM	199908104	1,102,453	3,470	SH		DFND	1	0	3,470	0
COMFORT SYS USA INC	COM	199908104	377,734	1,189	SH		SOLE		1,189	0	0
CONAGRA BRANDS INC	COM	205887102	879,359	29,668	SH		DFND	1	0	29,668	0
COSTCO WHSL CORP NEW	COM	22160K105	841,059	1,148	SH		DFND	1	0	1,148	0
COSTCO WHSL CORP NEW	COM	22160K105	547,966	748	SH		SOLE		748	0	0
CRACKER BARREL OLD CTRY STOR	COM	22410J106	996,182	13,697	SH		DFND	1	0	13,697	0
CROWDSTRIKE HLDGS INC	CL A	22788C105	321,203	1,002	SH		SOLE		1,002	0	0
CVR ENERGY INC	COM	12662P108	873,170	24,486	SH		DFND	1	0	24,486	0
CVS HEALTH CORP	COM	126650100	926,093	11,611	SH		DFND	1	0	11,611	0
CVS HEALTH CORP	COM	126650100	45,059	565	SH		SOLE		565	0	0
D R HORTON INC	COM	23331A109	290,069	1,763	SH		SOLE		1,763	0	0
DATADOG INC	CL A COM	23804L103	281,284	2,276	SH		SOLE		2,276	0	0
DECKERS OUTDOOR CORP	COM	243537107	2,369,151	2,517	SH		DFND	1	0	2,517	0
DECKERS OUTDOOR CORP	COM	243537107	831,083	883	SH		SOLE		883	0	0
DEXCOM INC	COM	252131107	301,923	2,177	SH		SOLE		2,177	0	0
DICKS SPORTING GOODS INC	COM	253393102	867,509	3,858	SH		DFND	1	0	3,858	0
DIREXION SHS ETF TR	AUSPCE CMD STG	25460E307	9,597,734	339,148	SH		SOLE		339,148	0	0
DISCOVER FINL SVCS	COM	254709108	240,002	1,831	SH		SOLE		1,831	0	0
DOW INC	COM	260557103	3,112,057	53,721	SH		DFND	1	0	53,721	0
EAGLE BANCORP INC MD	COM	268948106	279,930	11,917	SH		DFND	1	0	11,917	0
EBAY INC.	COM	278642103	900,057	17,053	SH		DFND	1	0	17,053	0
EBAY INC.	COM	278642103	257,649	4,882	SH		SOLE		4,882	0	0
ELECTRONIC ARTS INC	COM	285512109	2,267,196	17,089	SH		DFND	1	0	17,089	0
ELECTRONIC ARTS INC	COM	285512109	1,425,319	10,744	SH		SOLE		10,744	0	0
ELEVANCE HEALTH INC	COM	036752103	812,499	1,567	SH		SOLE		1,567	0	0
FIDELITY COVINGTON TRUST	MSCI HLTH CARE I	316092600	434,651	6,230	SH		SOLE		6,230	0	0
FIDELITY COVINGTON TRUST	CONSMR STAPLES	316092303	1,695,428	35,634	SH		SOLE		35,634	0	0
FIDELITY NATIONAL FINANCIAL	FNF GROUP COM	31620R303	470,359	8,858	SH		DFND	1	0	8,858	0
FIFTH THIRD BANCORP	COM	316773100	498,055	13,385	SH		DFND	1	0	13,385	0
FIRST HORIZON CORPORATION	COM	320517105	790,497	51,331	SH		DFND	1	0	51,331	0
FIRST HORIZON CORPORATION	COM	320517105	276,303	17,943	SH		SOLE		17,943	0	0
FIRST INTST BANCSYSTEM INC	COM	32055Y201	303,473	11,153	SH		DFND	1	0	11,153	0
FORD MTR CO DEL	COM	345370860	3,980,732	299,754	SH		DFND	1	0	299,754	0
FORD MTR CO DEL	COM	345370860	837,776	63,091	SH		SOLE		63,091	0	0
FRANKLIN RESOURCES INC	COM	354613101	889,428	31,641	SH		DFND	1	0	31,641	0
FRANKLIN RESOURCES INC	COM	354613101	898,231	31,957	SH		SOLE		31,957	0	0
FULTON FINL CORP PA	COM	360271100	324,362	20,413	SH		DFND	1	0	20,413	0
GARMIN LTD	SHS	H2906T109	1,331,354	8,944	SH		SOLE		8,944	0	0
GARMIN LTD	SHS	H2906T109	5,640,534	37,889	SH		DFND	1	0	37,889	0
GENERAL MLS INC	COM	370334104	1,019,672	14,573	SH		DFND	1	0	14,573	0
GENERAL MLS INC	COM	370334104	599,090	8,563	SH		SOLE		8,563	0	0
HALLIBURTON CO	COM	406216101	821,591	20,842	SH		DFND	1	0	20,842	0
HALLIBURTON CO	COM	406216101	1,049,434	26,624	SH		SOLE		26,624	0	0
HASBRO INC	COM	418056107	1,024,877	18,133	SH		DFND	1	0	18,133	0
HASBRO INC	COM	418056107	756,176	13,380	SH		SOLE		13,380	0	0
HCA HEALTHCARE INC	COM	40412C101	1,777,381	5,329	SH		DFND	1	0	5,329	0
HCA HEALTHCARE INC	COM	40412C101	189,094	567	SH		SOLE		567	0	0
HESS MIDSTREAM LP	CL A SHS	428103105	812,202	22,480	SH		DFND	1	0	22,480	0
HILTON WORLDWIDE HLDGS INC	COM	43300A203	841,294	3,944	SH		DFND	1	0	3,944	0
HILTON WORLDWIDE HLDGS INC	COM	43300A203	296,693	1,391	SH		SOLE		1,391	0	0
HOPE BANCORP INC	COM	43940T109	323,431	28,100	SH		DFND	1	0	28,100	0
HP INC	COM	40434L105	916,481	30,327	SH		DFND	1	0	30,327	0
HP INC	COM	40434L105	541,836	17,932	SH		SOLE		17,932	0	0
HUNTINGTON BANCSHARES INC	COM	446150104	596,850	42,785	SH		DFND	1	0	42,785	0
INGREDION INC	COM	457187102	483,272	4,136	SH		SOLE		4,136	0	0
INTERNATIONAL BUSINESS MACHS	COM	459200101	1,089,808	5,707	SH		DFND	1	0	5,707	0
INTERNATIONAL BUSINESS MACHS	COM	459200101	779,815	4,084	SH		SOLE		4,084	0	0
INTERNATIONAL PAPER CO	COM	460146103	2,807,059	71,939	SH		DFND	1	0	71,939	0
INTUIT	COM	461202103	841,750	1,295	SH		DFND	1	0	1,295	0
INTUIT	COM	461202103	475,800	732	SH		SOLE		732	0	0
INVESCO EXCH TRADED FD TR II	S&P SMLCP LOW	46138G102	1,095,891	24,789	SH		SOLE		24,789	0	0
INVESCO EXCH TRADED FD TR II	S&P SMLCP HELT	46138E149	3,983,787	91,081	SH		SOLE		91,081	0	0
INVESCO EXCH TRADED FD TR II	S&P MIDCP LOW	46138E198	359,940	6,382	SH		SOLE		6,382	0	0
INVESCO EXCH TRADED FD TR II	KBW PPTY CASUT	46138E586	225,292	2,091	SH		SOLE		2,091	0	0
INVESCO EXCH TRADED FD TR II	S&P SMALLCAP 600	46138G664	255,614	5,971	SH		SOLE		5,971	0	0
INVESCO EXCH TRADED FD TR II	SR LN ETF	46138G508	327,892	15,504	SH		SOLE		15,504	0	0
INVESCO LTD	SHS	G491BT108	500,238	30,153	SH		DFND	1	0	30,153	0
INVESCO QQQ TR	UNIT SER 1	46090E103	2,528,162	5,694	SH		SOLE		5,694	0	0
ISHARES TR	CORE TOTAL USD	46434V613	1,489,894	32,681	SH		SOLE		32,681	0	0
ISHARES TR	ISHARES SEMICDTR	464287523	212,800	942	SH		SOLE		942	0	0
ISHARES TR	RUSSELL 3000 ETF	464287689	4,301,023	14,333	SH		SOLE		14,333	0	0
ISHARES TR	US BR DEL SE ETF	464288794	251,847	2,171	SH		SOLE		2,171	0	0
ISHARES TR	RUSSELL 2000 ETF	464287655	3,501,070	16,648	SH		SOLE		16,648	0	0
ISHARES TR	BLACKROCK ULTRA	46434V878	220,883	4,369	SH		SOLE		4,369	0	0
ISHARES TR	AGENCY BOND ETF	464288166	4,787,511	44,309	SH		SOLE		44,309	0	0
ISHARES TR	SHORT TREAS BD	464288679	251,584	2,276	SH		SOLE		2,276	0	0
ISHARES TR	0-5 YR TIPS ETF	46429B747	441,154	4,437	SH		SOLE		4,437	0	0
ISHARES TR	0-3 MNTH TREASRY	46436E718	744,339	7,391	SH		SOLE		7,391	0	0
ISHARES TR	0-5YR HI YL CP	46434V407	486,158	11,426	SH		SOLE		11,426	0	0
ISHARES TR	INTRM GOV CR ETF	464288612	2,466,168	23,718	SH		SOLE		23,718	0	0
JACKSON FINANCIAL INC	COM CL A	46817M107	515,627	7,796	SH		DFND	1	0	7,796	0
JANUS HENDERSON GROUP PLC	ORD SHS	G4474Y214	444,705	13,521	SH		DFND	1	0	13,521	0
JANUS HENDERSON GROUP PLC	ORD SHS	G4474Y214	395,808	12,035	SH		SOLE		12,035	0	0
JOHNSON & JOHNSON	COM	478160104	244,700	1,547	SH		SOLE		1,547	0	0
KEYCORP	COM	493267108	2,390,756	151,218	SH		DFND	1	0	151,218	0
KIMBERLY-CLARK CORP	COM	494368103	965,597	7,465	SH		DFND	1	0	7,465	0
KIMBERLY-CLARK CORP	COM	494368103	564,805	4,367	SH		SOLE		4,367	0	0
KINDER MORGAN INC DEL	COM	49456B101	4,102,309	223,681	SH		DFND	1	0	223,681	0
KINETIK HOLDINGS INC	COM NEW CL A	02215L209	878,894	22,044	SH		DFND	1	0	22,044	0
KKR & CO INC	COM	48251W104	1,771,515	17,613	SH		DFND	1	0	17,613	0
KKR & CO INC	COM	48251W104	336,409	3,345	SH		SOLE		3,345	0	0
KRAFT HEINZ CO	COM	500754106	647,091	17,538	SH		SOLE		17,538	0	0
KRAFT HEINZ CO	COM	500754106	3,239,930	87,803	SH		DFND	1	0	87,803	0
LAM RESEARCH CORP	COM	512807108	238,990	246	SH		SOLE		246	0	0
LAMB WESTON HLDGS INC	COM	513272104	1,088,046	10,214	SH		SOLE		10,214	0	0
LEAR CORP	COM NEW	521865204	527,073	3,638	SH		DFND	1	0	3,638	0
LEAR CORP	COM NEW	521865204	184,690	1,275	SH		SOLE		1,275	0	0
LEGGETT & PLATT INC	COM	524660107	662,168	34,578	SH		DFND	1	0	34,578	0
LENNAR CORP	CL A	526057104	603,622	3,510	SH		SOLE		3,510	0	0
LINCOLN NATL CORP IND	COM	534187109	683,270	21,399	SH		DFND	1	0	21,399	0
LULULEMON ATHLETICA INC	COM	550021109	648,869	1,661	SH		DFND	1	0	1,661	0
LULULEMON ATHLETICA INC	COM	550021109	364,051	932	SH		SOLE		932	0	0
LYONDELLBASELL INDUSTRIES N	SHS - A -	N53745100	1,154,023	11,284	SH		SOLE		11,284	0	0
LYONDELLBASELL INDUSTRIES N	SHS - A -	N53745100	5,807,867	56,784	SH		DFND	1	0	56,784	0
MARATHON PETE CORP	COM	56585A102	1,022,209	5,073	SH		DFND	1	0	5,073	0
MARATHON PETE CORP	COM	56585A102	591,584	2,936	SH		SOLE		2,936	0	0
MARRIOTT INTL INC NEW	CL A	571903202	4,204,997	16,666	SH		DFND	1	0	16,666	0
MARSH & MCLENNAN COS INC	COM	571748102	488,563	2,372	SH		SOLE		2,372	0	0
MERCADOLIBRE INC	COM	58733R102	208,592	138	SH		SOLE		138	0	0
META PLATFORMS INC	CL A	30303M102	2,003,988	4,127	SH		DFND	1	0	4,127	0
META PLATFORMS INC	CL A	30303M102	367,080	756	SH		SOLE		756	0	0
MICROCHIP TECHNOLOGY INC.	COM	595017104	747,463	8,332	SH		DFND	1	0	8,332	0
MICROCHIP TECHNOLOGY INC.	COM	595017104	354,141	3,948	SH		SOLE		3,948	0	0
MICROSOFT CORP	COM	594918104	3,591,686	8,537	SH		DFND	1	0	8,537	0
MICROSOFT CORP	COM	594918104	2,633,581	6,260	SH		SOLE		6,260	0	0
MOLINA HEALTHCARE INC	COM	60855R100	621,142	1,512	SH		SOLE		1,512	0	0
MOTOROLA SOLUTIONS INC	COM NEW	620076307	671,888	1,893	SH		SOLE		1,893	0	0
NETFLIX INC	COM	64110L106	1,725,424	2,841	SH		DFND	1	0	2,841	0
NETFLIX INC	COM	64110L106	1,634,169	2,691	SH		SOLE		2,691	0	0
NXP SEMICONDUCTORS N V	COM	N6596X109	990,255	3,997	SH		SOLE		3,997	0	0
NXP SEMICONDUCTORS N V	COM	N6596X109	4,541,870	18,331	SH		DFND	1	0	18,331	0
ONEMAIN HLDGS INC	COM	68268W103	1,469,449	28,762	SH		DFND	1	0	28,762	0
ONEMAIN HLDGS INC	COM	68268W103	689,392	13,495	SH		SOLE		13,495	0	0
ONEOK INC NEW	COM	682680103	6,203,313	77,377	SH		DFND	1	0	77,377	0
ONEOK INC NEW	COM	682680103	1,114,516	13,903	SH		SOLE		13,903	0	0
ORGANON & CO	COMMON STOCK	68622V106	2,298,074	122,238	SH		DFND	1	0	122,238	0
OTIS WORLDWIDE CORP	COM	68902V107	822,054	8,281	SH		DFND	1	0	8,281	0
OTIS WORLDWIDE CORP	COM	68902V107	234,455	2,362	SH		SOLE		2,362	0	0
PACCAR INC	COM	693718108	935,121	7,548	SH		DFND	1	0	7,548	0
PACCAR INC	COM	693718108	907,950	7,329	SH		SOLE		7,329	0	0
PACER FDS TR	LUNT LRGCP MULTI	69374H816	2,023,952	43,405	SH		SOLE		43,405	0	0
PACER FDS TR	US CASH COWS 100	69374H881	1,247,023	21,460	SH		SOLE		21,460	0	0
PACER FDS TR	LUNT LRG CP ALTR	69374H717	2,424,001	69,180	SH		SOLE		69,180	0	0
PACER FDS TR	TRENDP US MID CP	69374H204	9,513,306	264,043	SH		SOLE		264,043	0	0
PACER FDS TR	TRENDP US LAR CP	69374H105	6,808,913	142,688	SH		SOLE		142,688	0	0
PFIZER INC	COM	717081103	2,791,566	100,597	SH		DFND	1	0	100,597	0
PHILIP MORRIS INTL INC	COM	718172109	892,562	9,742	SH		DFND	1	0	9,742	0
PHILIP MORRIS INTL INC	COM	718172109	647,228	7,065	SH		SOLE		7,065	0	0
PIMCO ETF TR	BROAD US TIPS	72201R403	1,732,107	32,479	SH		SOLE		32,479	0	0
PNC FINL SVCS GROUP INC	COM	693475105	498,051	3,082	SH		DFND	1	0	3,082	0
PPG INDS INC	COM	693506107	263,978	1,822	SH		SOLE		1,822	0	0
PRICE T ROWE GROUP INC	COM	74144T108	1,401,592	11,496	SH		DFND	1	0	11,496	0
PRICE T ROWE GROUP INC	COM	74144T108	1,029,509	8,445	SH		SOLE		8,445	0	0
PROSHARES TR	RUSS 2000 DIVD	74347B698	2,495,890	38,990	SH		SOLE		38,990	0	0
PROVIDENT FINL SVCS INC	COM	74386T105	279,175	19,161	SH		DFND	1	0	19,161	0
PRUDENTIAL FINL INC	COM	744320102	3,314,201	28,230	SH		DFND	1	0	28,230	0
PRUDENTIAL FINL INC	COM	744320102	1,392,284	11,860	SH		SOLE		11,860	0	0
QUALCOMM INC	COM	747525103	938,260	5,542	SH		DFND	1	0	5,542	0
QUALCOMM INC	COM	747525103	1,281,356	7,569	SH		SOLE		7,569	0	0
RBB FD INC	US TRSRY 6 MNTH	74933W460	249,586	4,981	SH		SOLE		4,981	0	0
RBB FD INC	US TREASY 2 YR	74933W486	1,094,710	22,764	SH		SOLE		22,764	0	0
REGIONS FINANCIAL CORP NEW	COM	7591EP100	669,492	31,820	SH		DFND	1	0	31,820	0
REINSURANCE GRP OF AMERICA I	COM NEW	759351604	4,459,963	23,123	SH		DFND	1	0	23,123	0
REINSURANCE GRP OF AMERICA I	COM NEW	759351604	1,302,066	6,751	SH		SOLE		6,751	0	0
RENAISSANCERE HLDGS LTD	COM	G7496G103	781,709	3,326	SH		DFND	1	0	3,326	0
RENAISSANCERE HLDGS LTD	COM	G7496G103	640,891	2,727	SH		SOLE		2,727	0	0
ROCKWELL AUTOMATION INC	COM	773903109	763,284	2,620	SH		DFND	1	0	2,620	0
ROCKWELL AUTOMATION INC	COM	773903109	498,999	1,713	SH		SOLE		1,713	0	0
ROSS STORES INC	COM	778296103	202,071	1,377	SH		SOLE		1,377	0	0
ROYAL CARIBBEAN GROUP	COM	V7780T103	312,196	2,246	SH		SOLE		2,246	0	0
SCHWAB STRATEGIC TR	US TIPS ETF	808524870	2,049,762	39,298	SH		SOLE		39,298	0	0
SELECT SECTOR SPDR TR	SBI CONS STPLS	81369Y308	2,805,435	36,740	SH		SOLE		36,740	0	0
SIMMONS 1ST NATL CORP	CL A $1 PAR	828730200	335,354	17,233	SH		DFND	1	0	17,233	0
SINCLAIR INC	CL A	829242106	655,908	48,694	SH		DFND	1	0	48,694	0
SPDR SER TR	BLOOMBERG SHT TE	78468R408	12,757,863	505,863	SH		DFND	1	0	505,863	0
SPDR SER TR	PORTFLI TIPS ETF	78464A656	540,775	21,108	SH		SOLE		21,108	0	0
SPDR SER TR	BLOOMBERG 1-3 MO	78468R663	354,345	3,860	SH		SOLE		3,860	0	0
SPDR SER TR	AEROSPACE DEF	78464A631	2,088,495	14,864	SH		SOLE		14,864	0	0
SPDR SER TR	BLOOMBERG SHT TE	78468R408	11,607,744	460,264	SH		SOLE		460,264	0	0
STRYKER CORPORATION	COM	863667101	1,741,753	4,867	SH		DFND	1	0	4,867	0
STRYKER CORPORATION	COM	863667101	225,438	630	SH		SOLE		630	0	0
SYNOVUS FINL CORP	COM NEW	87161C501	517,094	12,908	SH		DFND	1	0	12,908	0
TARGET CORP	COM	87612E106	399,036	2,252	SH		SOLE		2,252	0	0
THE CIGNA GROUP	COM	125523100	1,971,032	5,427	SH		DFND	1	0	5,427	0
THE CIGNA GROUP	COM	125523100	297,726	820	SH		SOLE		820	0	0
THE TRADE DESK INC	COM CL A	88339J105	1,071,944	12,262	SH		DFND	1	0	12,262	0
THE TRADE DESK INC	COM CL A	88339J105	711,038	8,134	SH		SOLE		8,134	0	0
TJX COS INC NEW	COM	872540109	2,005,276	19,772	SH		DFND	1	0	19,772	0
TJX COS INC NEW	COM	872540109	134,666	1,328	SH		SOLE		1,328	0	0
TRADEWEB MKTS INC	CL A	892672106	2,674,563	25,675	SH		DFND	1	0	25,675	0
TRADEWEB MKTS INC	CL A	892672106	727,273	6,982	SH		SOLE		6,982	0	0
TRAVEL PLUS LEISURE CO	COM	894164102	992,223	20,266	SH		DFND	1	0	20,266	0
TRUIST FINL CORP	COM	89832Q109	2,240,609	57,481	SH		DFND	1	0	57,481	0
UBER TECHNOLOGIES INC	COM	90353T100	331,870	4,311	SH		SOLE		4,311	0	0
UGI CORP NEW	COM	902681105	1,709,039	69,643	SH		DFND	1	0	69,643	0
UGI CORP NEW	COM	902681105	807,402	32,903	SH		SOLE		32,903	0	0
UNIVERSAL HLTH SVCS INC	CL B	913903100	482,369	2,644	SH		SOLE		2,644	0	0
UNIVERSAL HLTH SVCS INC	CL B	913903100	1,806,171	9,899	SH		DFND	1	0	9,899	0
UNUM GROUP	COM	91529Y106	5,298,441	98,741	SH		DFND	1	0	98,741	0
UNUM GROUP	COM	91529Y106	2,006,872	37,402	SH		SOLE		37,402	0	0
US BANCORP DEL	COM NEW	902973304	568,941	12,728	SH		DFND	1	0	12,728	0
VALLEY NATL BANCORP	COM	919794107	266,405	33,468	SH		DFND	1	0	33,468	0
VANECK ETF TRUST	RETAIL ETF	92189F684	452,028	2,142	SH		SOLE		2,142	0	0
VANECK ETF TRUST	SEMICONDUCTR ETF	92189F676	354,554	1,576	SH		SOLE		1,576	0	0
VANGUARD INDEX FDS	TOTAL STK MKT	922908769	4,300,284	16,546	SH		SOLE		16,546	0	0
VANGUARD INDEX FDS	SMALL CP ETF	922908751	3,700,868	16,190	SH		SOLE		16,190	0	0
VANGUARD MALVERN FDS	STRM INFPROIDX	922020805	437,218	9,130	SH		SOLE		9,130	0	0
VERISK ANALYTICS INC	COM	92345Y106	4,459,067	18,916	SH		DFND	1	0	18,916	0
VERISK ANALYTICS INC	COM	92345Y106	1,297,137	5,503	SH		SOLE		5,503	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	4,172,250	99,434	SH		DFND	1	0	99,434	0
VIATRIS INC	COM	92556V106	907,905	76,039	SH		DFND	1	0	76,039	0
VIATRIS INC	COM	92556V106	590,427	49,455	SH		SOLE		49,455	0	0
VICTORY PORTFOLIOS II	SHARES FREE CASH	92647X830	7,172,807	221,319	SH		SOLE		221,319	0	0
VIPER ENERGY INC	CL A	927959106	1,127,724	29,322	SH		DFND	1	0	29,322	0
VIPER ENERGY INC	CL A	927959106	827,171	21,509	SH		SOLE		21,509	0	0
VIRTU FINL INC	CL A	928254101	652,761	31,811	SH		DFND	1	0	31,811	0
WESTERN UN CO	COM	959802109	730,860	52,279	SH		DFND	1	0	52,279	0
WILLIS TOWERS WATSON PLC LTD	SHS	G96629103	226,325	823	SH		SOLE		823	0	0
WISDOMTREE TR	JPN SCAP HDG EQT	97717W521	239,872	7,163	SH		SOLE		7,163	0	0
XEROX HOLDINGS CORP	COM NEW	98421M106	930,800	52,000	SH		DFND	1	0	52,000	0
ZIONS BANCORPORATION N A	COM	989701107	444,372	10,239	SH		DFND	1	0	10,239	0
ZSCALER INC	COM	98980G102	235,553	1,223	SH		SOLE		1,223	0	0