Spectrum Asset Management 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

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OMB Number:		3235-0006
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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
ABBOTT LABS	COM	002824100	2,175,356	20,935	SH		SOLE	Spectrum Asset Management Inc.	20,935	0	0
ABBVIE INC	COM	00287Y109	3,802,521	22,170	SH		SOLE	Spectrum Asset Management Inc.	22,170	0	0
ACCENTURE PLC IRELAND	SHS CLASS A	G1151C101	3,543,526	11,679	SH		SOLE	Spectrum Asset Management Inc.	11,679	0	0
ADOBE INC	COM	00724F101	306,103	551	SH		SOLE	Spectrum Asset Management Inc.	551	0	0
ADVANCED MICRO DEVICES INC	COM	007903107	265,214	1,635	SH		SOLE	Spectrum Asset Management Inc.	1,635	0	0
ALPHABET INC	CAP STK CL A	02079K305	858,803	4,715	SH		SOLE	Spectrum Asset Management Inc.	4,715	0	0
ALPHABET INC	CAP STK CL C	02079K107	373,269	2,035	SH		SOLE	Spectrum Asset Management Inc.	2,035	0	0
APPLE INC	COM	037833100	915,999	4,349	SH		SOLE	Spectrum Asset Management Inc.	4,349	0	0
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	3,637,606	8,942	SH		SOLE	Spectrum Asset Management Inc.	8,942	0	0
BORGWARNER INC	COM	099724106	1,906,710	59,141	SH		SOLE	Spectrum Asset Management Inc.	59,141	0	0
BUNGE GLOBAL SA	COM SHS	H11356104	3,087,801	28,920	SH		SOLE	Spectrum Asset Management Inc.	28,920	0	0
CHESAPEAKE ENERGY CORP	COM	165167735	863,079	10,501	SH		SOLE	Spectrum Asset Management Inc.	10,501	0	0
CHEVRON CORP NEW	COM	166764100	5,682,483	36,328	SH		SOLE	Spectrum Asset Management Inc.	36,328	0	0
CHEVRON CORP NEW	COM	166764100	16,425	105	SH		DFND	Spectrum Asset Management Inc.	0	0	105
CISCO SYS INC	COM	17275R102	3,018,319	63,530	SH		SOLE	Spectrum Asset Management Inc.	63,530	0	0
CISCO SYS INC	COM	17275R102	15,346	323	SH		DFND	Spectrum Asset Management Inc.	0	0	323
CONSTELLATION ENERGY CORP	COM	21037T109	2,790,162	13,932	SH		SOLE	Spectrum Asset Management Inc.	13,932	0	0
CORE LABORATORIES INC	COM	21867A105	791,128	38,991	SH		SOLE	Spectrum Asset Management Inc.	38,991	0	0
COSTCO WHSL CORP NEW	COM	22160K105	1,651,451	1,943	SH		SOLE	Spectrum Asset Management Inc.	1,943	0	0
DEERE & CO	COM	244199105	402,810	1,074	SH		SOLE	Spectrum Asset Management Inc.	1,074	0	0
DIGITAL RLTY TR INC	COM	253868103	708,249	4,658	SH		SOLE	Spectrum Asset Management Inc.	4,658	0	0
DISNEY WALT CO	COM	254687106	2,437,824	24,553	SH		SOLE	Spectrum Asset Management Inc.	24,553	0	0
DISNEY WALT CO	CALL	254687106	5,964	4,000	PRN	Call	SOLE	Spectrum Asset Management Inc.	4,000	0	0
DOMINION ENERGY INC	COM	25746U109	755,188	15,412	SH		SOLE	Spectrum Asset Management Inc.	15,412	0	0
DUKE ENERGY CORP NEW	COM NEW	26441C204	3,293,390	32,858	SH		SOLE	Spectrum Asset Management Inc.	32,858	0	0
DUKE ENERGY CORP NEW	COM NEW	26441C204	19,445	194	SH		DFND	Spectrum Asset Management Inc.	0	0	194
EDWARDS LIFESCIENCES CORP	COM	28176E108	243,026	2,631	SH		SOLE	Spectrum Asset Management Inc.	2,631	0	0
EMERSON ELEC CO	COM	291011104	3,177,566	28,845	SH		SOLE	Spectrum Asset Management Inc.	28,845	0	0
EURONET WORLDWIDE INC	COM	298736109	231,530	2,237	SH		SOLE	Spectrum Asset Management Inc.	2,237	0	0
EXXON MOBIL CORP	COM	30231G102	4,214,756	36,612	SH		SOLE	Spectrum Asset Management Inc.	36,612	0	0
EXXON MOBIL CORP	COM	30231G102	18,995	165	SH		DFND	Spectrum Asset Management Inc.	0	0	165
FIRST TR EXCHNG TRADED FD VI	FT VEST US	33740F631	6,787,771	182,776	SH		SOLE	Spectrum Asset Management Inc.	182,776	0	0
FIRST TR EXCHNG TRADED FD VI	FT VEST US EQT	33740F615	5,139,864	142,774	SH		SOLE	Spectrum Asset Management Inc.	142,774	0	0
FIRST TR EXCHNG TRADED FD VI	FT VEST US	33740F771	4,771,604	118,314	SH		SOLE	Spectrum Asset Management Inc.	118,314	0	0
FIRST TR EXCHNG TRADED FD VI	FT VEST US EQT	33740F730	354,117	9,205	SH		SOLE	Spectrum Asset Management Inc.	9,205	0	0
GE HEALTHCARE TECHNOLOGIES I	COMMON STOCK	36266G107	740,630	9,505	SH		SOLE	Spectrum Asset Management Inc.	9,505	0	0
GENERAL DYNAMICS CORP	COM	369550108	4,130,598	14,237	SH		SOLE	Spectrum Asset Management Inc.	14,237	0	0
GENERAL DYNAMICS CORP	COM	369550108	20,310	70	SH		DFND	Spectrum Asset Management Inc.	0	0	70
GLOBAL X FDS	GLBL X MLP ETF	37954Y343	346,831	7,151	SH		SOLE	Spectrum Asset Management Inc.	7,151	0	0
HEARTBEAM INC	COM	42238H108	275,504	107,200	SH		SOLE	Spectrum Asset Management Inc.	107,200	0	0
HONEYWELL INTL INC	COM	438516106	4,819,970	22,572	SH		SOLE	Spectrum Asset Management Inc.	22,572	0	0
INTEL CORP	COM	458140100	2,976,810	96,119	SH		SOLE	Spectrum Asset Management Inc.	96,119	0	0
INTEL CORP	COM	458140100	8,053	260	SH		DFND	Spectrum Asset Management Inc.	0	0	260
INTERNATIONAL BUSINESS MACHS	COM	459200101	207,540	1,200	SH		SOLE	Spectrum Asset Management Inc.	1,200	0	0
INVESCO EXCHANGE TRADED FD T	S&P500 EQL WGT	46137V357	6,744,199	41,053	SH		SOLE	Spectrum Asset Management Inc.	41,053	0	0
ISHARES GOLD TR	ISHARES NEW	464285204	10,055,753	228,904	SH		SOLE	Spectrum Asset Management Inc.	228,904	0	0
ISHARES TR	MSCI USA MIN VOL	46429B697	9,884,733	117,731	SH		SOLE	Spectrum Asset Management Inc.	117,731	0	0
ISHARES TR	CORE S&P SCP ETF	464287804	2,690,507	25,225	SH		SOLE	Spectrum Asset Management Inc.	25,225	0	0
ISHARES TR	CORE S&P MCP ETF	464287507	2,391,348	40,864	SH		SOLE	Spectrum Asset Management Inc.	40,864	0	0
ISHARES TR	ESG AWR MSCI USA	46435G425	2,338,535	19,599	SH		SOLE	Spectrum Asset Management Inc.	19,599	0	0
ISHARES TR	US AER DEF ETF	464288760	1,972,194	14,935	SH		SOLE	Spectrum Asset Management Inc.	14,935	0	0
ISHARES TR	20 YR TR BD ETF	464287432	768,199	8,370	SH		SOLE	Spectrum Asset Management Inc.	8,370	0	0
ISHARES TR	IBONDS 27 TRM TS	46436E841	466,922	21,152	SH		SOLE	Spectrum Asset Management Inc.	21,152	0	0
ISHARES TR	IBONDS 25 TRM TS	46436E866	323,664	13,939	SH		SOLE	Spectrum Asset Management Inc.	13,939	0	0
ISHARES TR	IBONDS 26 TRM TS	46436E858	323,081	14,261	SH		SOLE	Spectrum Asset Management Inc.	14,261	0	0
ISHARES TR	CORE S&P500 ETF	464287200	288,391	527	SH		SOLE	Spectrum Asset Management Inc.	527	0	0
ISHARES TR	US TREAS BD ETF	46429B267	203,808	9,030	SH		SOLE	Spectrum Asset Management Inc.	9,030	0	0
L3HARRIS TECHNOLOGIES INC	COM	502431109	2,877,519	12,813	SH		SOLE	Spectrum Asset Management Inc.	12,813	0	0
MAXIMUS INC	COM	577933104	740,791	8,644	SH		SOLE	Spectrum Asset Management Inc.	8,644	0	0
MCDONALDS CORP	COM	580135101	630,126	2,473	SH		SOLE	Spectrum Asset Management Inc.	2,473	0	0
MCKESSON CORP	COM	58155Q103	350,796	600	SH		SOLE	Spectrum Asset Management Inc.	600	0	0
MEDTRONIC PLC	SHS	G5960L103	3,198,874	40,283	SH		SOLE	Spectrum Asset Management Inc.	40,283	0	0
MEDTRONIC PLC	SHS	G5960L103	14,533	183	SH		DFND	Spectrum Asset Management Inc.	0	0	183
MERCADOLIBRE INC	COM	58733R102	363,192	221	SH		SOLE	Spectrum Asset Management Inc.	221	0	0
MICROSOFT CORP	COM	594918104	5,692,610	12,737	SH		SOLE	Spectrum Asset Management Inc.	12,737	0	0
MICROSOFT CORP	COM	594918104	15,197	34	SH		DFND	Spectrum Asset Management Inc.	0	0	34
MORNINGSTAR INC	COM	617700109	533,293	1,803	SH		SOLE	Spectrum Asset Management Inc.	1,803	0	0
NIKE INC	CL B	654106103	612,171	8,120	SH		SOLE	Spectrum Asset Management Inc.	8,120	0	0
NVIDIA CORPORATION	COM	67066G104	224,819	1,820	SH		SOLE	Spectrum Asset Management inc.	1,820	0	0
OCCIDENTAL PETE CORP	COM	674599105	1,099,944	17,393	SH		SOLE	Spectrum Asset Management Inc.	17,393	0	0
ORACLE CORP	COM	68389X105	3,954,005	28,003	SH		SOLE	Spectrum Asset Management Inc.	28,003	0	0
PAYPAL HLDGS INC	COM	70450Y103	233,861	4,030	SH		SOLE	Spectrum Asset Management Inc.	4,030	0	0
PEPSICO INC	COM	713448108	340,011	2,062	SH		SOLE	Spectrum Asset Management Inc.	2,062	0	0
PFIZER INC	COM	717081103	405,642	14,498	SH		SOLE	Spectrum Asset Management Inc.	14,498	0	0
PFIZER INC	CALL	717081103	12,683	9,500	PRN	Call	SOLE	Spectrum Asset Management Inc.	9,500	0	0
PFIZER INC	COM	717081103	9,234	330	SH		DFND	Spectrum Asset Management Inc.	0	0	330
QUALCOMM INC	COM	747525103	2,685,332	13,482	SH		SOLE	Spectrum Asset Management Inc.	13,482	0	0
ROCKWELL AUTOMATION INC	COM	773903109	741,054	2,692	SH		SOLE	Spectrum Asset Management Inc.	2,692	0	0
RTX CORPORATION	COM	75513E101	1,174,930	11,704	SH		SOLE	Spectrum Asset Management Inc.	11,704	0	0
RTX CORPORATION	COM	75513E101	19,075	190	SH		DFND	Spectrum Asset Management Inc.	0	0	190
SCHLUMBERGER LTD	COM STK	806857108	797,650	16,809	SH		SOLE	Spectrum Asset Management Inc.	16,809	0	0
SCHWAB CHARLES CORP	COM	808513105	4,833,790	65,596	SH		SOLE	Spectrum Asset Management Inc.	65,596	0	0
SCHWAB STRATEGIC TR	US LCAP VA ETF	808524409	16,138,553	216,571	SH		SOLE	Spectrum Asset Management Inc.	216,571	0	0
SCHWAB STRATEGIC TR	US LCAP GR ETF	808524300	9,390,536	93,025	SH		SOLE	Spectrum Asset Management Inc.	93,025	0	0
SCHWAB STRATEGIC TR	INTL EQTY ETF	808524805	5,720,552	147,503	SH		SOLE	Spectrum Asset Management Inc.	147,503	0	0
SCHWAB STRATEGIC TR	US BRD MKT ETF	808524102	1,972,048	31,266	SH		SOLE	Spectrum Asset Management Inc.	31,266	0	0
SELECT SECTOR SPDR TR	SBI INT-UTILS	81369Y886	2,432,122	35,693	SH		SOLE	Spectrum Asset Management Inc.	35,693	0	0
SELECT SECTOR SPDR TR	ENERGY	81369Y506	1,714,730	18,812	SH		SOLE	Spectrum Asset Management Inc.	18,812	0	0
SEMPRA	COM	816851109	401,496	5,236	SH		SOLE	Spectrum Asset Management Inc.	5,236	0	0
SKYLINE CHAMPION CORPORATION	COM	830830105	262,125	3,869	SH		SOLE	Spectrum Asset Management Inc.	3,869	0	0
SPDR GOLD TR	GOLD SHS	78463V107	236,296	1,099	SH		SOLE	Spectrum Asset Management Inc.	1,099	0	0
SPDR INDEX SHS FDS	PORTFOLIO DEVLPD	78463X889	277,881	7,921	SH		SOLE	Spectrum Asset Management Inc.	7,921	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	1,437,765	2,633	SH		SOLE	Spectrum Asset Management Inc.	2,633	0	0
TENON MEDICAL INC	COM NEW	88066N204	48,922	80,200	SH		SOLE	Spectrum Asset Management Inc.	80,200	0	0
TEXAS INSTRS INC	COM	882508104	332,874	1,711	SH		SOLE	Spectrum Asset Management Inc.	1,711	0	0
UNITEDHEALTH GROUP INC	COM	91324P102	589,368	1,157	SH		SOLE	Spectrum Asset Management Inc.	1,157	0	0
VANGUARD INDEX FDS	GROWTH ETF	922908736	2,937,686	7,845	SH		SOLE	Spectrum Asset Management Inc.	7,845	0	0
VANGUARD INDEX FDS	TOTAL STK MKT	922908769	422,295	1,573	SH		SOLE	Spectrum Asset Management Inc.	1,573	0	0
VANGUARD INTL EQUITY INDEX F	FTSE EUROPE ETF	922042874	7,547,053	113,031	SH		SOLE	Spectrum Asset Management Inc.	113,031	0	0
VANGUARD SCOTTSDALE FDS	VNG RUS1000IDX	92206C730	2,227,110	9,021	SH		SOLE	Spectrum Asset Management Inc.	9,021	0	0
VANGUARD TAX-MANAGED FDS	VAN FTSE DEV MKT	921943858	668,375	13,524	SH		SOLE	Spectrum Asset Management Inc.	13,524	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	3,058,693	74,168	SH		SOLE	Spectrum Asset Management Inc.	74,168	0	0
VISA INC	COM CL A	92826C839	1,290,630	4,917	SH		SOLE	Spectrum Asset Management Inc.	4,917	0	0
WALMART INC	COM	931142103	5,305,159	78,351	SH		SOLE	Spectrum Asset Management Inc.	78,351	0	0