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
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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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ABRDN JAPAN EQUITY FUND INC COM 00306J109 BBG001S73FJ4 128,004 21,088 SH   SOLE   21,088 0 0
ADAMS DIVERSIFIED EQUITY FD COM 006212104 BBG001S5NDV7 1,070,410 63,677 SH   SOLE   63,677 0 0
ALPHABET INC CAP STK CL A 02079K305 BBG009S39JY5 1,687,770 14,100 SH   SOLE   14,100 0 0
AMAZON COM INC COM 023135106 BBG001S5PQL7 2,093,582 16,060 SH   SOLE   16,060 0 0
AMERICAN HOMES 4 RENT CL A 02665T306 BBG003NXJNJ4 351,948 9,928 SH   SOLE   9,928 0 0
APARTMENT INCOME REIT CORP COM 03750L109 BBG00XK3WWB0 328,202 9,094 SH   SOLE   9,094 0 0
APPLE INC COM 037833100 BBG001S5N8V8 1,971,705 10,165 SH   SOLE   10,165 0 0
BARRICK GOLD CORP COM 067901108 BBG001S5N9P3 184,876 10,920 SH   SOLE   10,920 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 BBG001S90346 6,479,000 19,000 SH   SOLE   19,000 0 0
CAMDEN PPTY TR SH BEN INT 133131102 BBG001S5Q6V9 371,900 3,416 SH   SOLE   3,416 0 0
DBX ETF TR XTRACK HRVST CSI 233051879 BBG005HJL932 1,091,808 40,800 SH   SOLE   40,800 0 0
GLOBAL X FDS GB MSCI AR ETF 37950E259 BBG001V0LJT6 854,255 18,660 SH   SOLE   18,660 0 0
GLOBAL X FDS GLB X MLP ENRG I 37954Y293 BBG004Y67XK8 8,937,550 215,000 SH   SOLE   215,000 0 0
GOLUB CAP BDC INC COM 38173M102 BBG001T63BY7 675,000 50,000 SH   SOLE   50,000 0 0
HEALTHPEAK PROPERTIES INC COM 42250P103 BBG001S5RTS2 313,520 15,598 SH   SOLE   15,598 0 0
HERCULES CAPITAL INC COM 427096508 BBG001SDPHZ5 740,000 50,000 SH   SOLE   50,000 0 0
INVESCO DB COMMDY INDX TRCK UNIT 46138B103 BBG001SNZTS4 2,565,100 113,000 SH   SOLE   113,000 0 0
INVESCO EXCH TRADED FD TR II SR LN ETF 46138G508 BBG001V0MBC0 2,104,000 100,000 SH   SOLE   100,000 0 0
INVESCO EXCHANGE TRADED FD T S&P500 PUR VAL 46137V258 BBG00KJR2X19 8,318,556 107,267 SH   SOLE   107,267 0 0
ISHARES INC MSCI AUST ETF 464286103 BBG001S6ZW40 1,853,430 82,192 SH   SOLE   82,192 0 0
ISHARES INC MSCI BRAZIL ETF 464286400 BBG001SFN5N1 1,686,360 52,000 SH   SOLE   52,000 0 0
ISHARES INC MSCI CDA ETF 464286509 BBG001S8R7V0 2,093,802 59,840 SH   SOLE   59,840 0 0
ISHARES INC MSCI CHILE ETF 464286640 BBG001T0LL05 408,520 14,000 SH   SOLE   14,000 0 0
ISHARES INC MSCI GERMANY ETF 464286806 BBG001S8SJC4 1,806,195 63,220 SH   SOLE   63,220 0 0
ISHARES INC MSCI HONG KG ETF 464286871 BBG001S5VWX4 386,600 20,000 SH   SOLE   20,000 0 0
ISHARES INC MSCI ITALY ETF 46434G830 BBG001S8SYM0 1,463,225 45,970 SH   SOLE   45,970 0 0
ISHARES INC MSCI JPN ETF NEW 46434G822 BBG001S8SYN9 5,571,000 90,000 SH   SOLE   90,000 0 0
ISHARES INC MSCI MEXICO ETF 464286822 BBG001S8SYQ6 1,554,500 25,000 SH   SOLE   25,000 0 0
ISHARES INC MSCI SPAIN ETF 464286764 BBG001S8SYT3 1,848,733 63,970 SH   SOLE   63,970 0 0
ISHARES INC MSCI STH KOR ETF 464286772 BBG001SF9FC7 1,489,430 23,500 SH   SOLE   23,500 0 0
ISHARES INC MSCI SWITZERLAND 464286749 BBG001S8SYW9 739,360 16,000 SH   SOLE   16,000 0 0
ISHARES INC MSCI TAIWAN ETF 46434G772 BBG001SFGL81 329,140 7,000 SH   SOLE   7,000 0 0
ISHARES TR 0-5YR HI YL CP 46434V407 BBG005DW06B7 3,071,901 74,111 SH   SOLE   74,111 0 0
ISHARES TR 20 YR TR BD ETF 464287432 BBG001S8MLN3 7,720,500 75,000 SH   SOLE   75,000 0 0
ISHARES TR 3 7 YR TREAS BD 464288661 BBG001SSD812 3,307,962 28,700 SH   SOLE   28,700 0 0
ISHARES TR 7-10 YR TRSY BD 464287440 BBG001S80936 7,232,442 74,870 SH   SOLE   74,870 0 0
ISHARES TR IBOXX HI YD ETF 464288513 BBG001ST0ZQ7 2,881,187 38,380 SH   SOLE   38,380 0 0
ISHARES TR INTRM GOV CR ETF 464288612 BBG001SSD885 315,697 3,068 SH   SOLE   3,068 0 0
ISHARES TR MBS ETF 464288588 BBG001SSD8B1 5,978,287 64,100 SH   SOLE   64,100 0 0
ISHARES TR MSCI AC ASIA ETF 464288182 BBG001T2V2D8 7,152,665 107,656 SH   SOLE   107,656 0 0
ISHARES TR MSCI INDIA ETF 46429B598 BBG002DMN4B6 2,022,130 46,273 SH   SOLE   46,273 0 0
ISHARES TR MSCI INDONIA ETF 46429B309 BBG001S56QM7 239,720 10,400 SH   SOLE   10,400 0 0
ISHARES TR MSCI IRELAND ETF 46429B507 BBG001S56P85 3,134,381 54,400 SH   SOLE   54,400 0 0
ISHARES TR MSCI UK ETF NEW 46435G334 BBG001S8SYX8 4,529,000 140,000 SH   SOLE   140,000 0 0
ISHARES TR TIPS BD ETF 464287176 BBG001SD9RM5 10,713,571 99,550 SH   SOLE   99,550 0 0
J P MORGAN EXCHANGE TRADED F BETBULD MSCI 46641Q738 BBG00L53HC42 46,697,304 553,089 SH   SOLE   553,089 0 0
KRANESHARES TR BLOOMBERG CHIINA 500767702 BBG007NHPBK7 325,602 10,658 SH   SOLE   10,658 0 0
KRANESHARES TR CALIFORNIA CARB 500767553 BBG012TH9ZK6 2,012,095 79,154 SH   SOLE   79,154 0 0
KRANESHARES TR GLOBAL CARB STRA 500767678 BBG00WC70964 948,000 25,000 SH   SOLE   25,000 0 0
META PLATFORMS INC CL A 30303M102 BBG001SQCQC5 2,282,639 7,954 SH   SOLE   7,954 0 0
MICROSOFT CORP COM 594918104 BBG001S5TD05 1,963,554 5,766 SH   SOLE   5,766 0 0
NEWMONT CORP COM 651639106 BBG001S5TKX3 207,242 4,858 SH   SOLE   4,858 0 0
NUVEEN CR STRATEGIES INCOME COM SHS 67073D102 BBG001SLL7N6 101,000 20,000 SH   SOLE   20,000 0 0
NUVEEN S&P 500 BUY-WRITE INC COM 6706ER101 BBG001S7ZM04 133,700 10,000 SH   SOLE   10,000 0 0
PHYSICIANS RLTY TR COM 71943U104 BBG004MF5B76 254,562 18,196 SH   SOLE   18,196 0 0
PROLOGIS INC. COM 74340W103 BBG001S5NMN6 402,472 3,282 SH   SOLE   3,282 0 0
SELECT SECTOR SPDR TR COMMUNICATION 81369Y852 BBG00L5F9FV7 650,800 10,000 SH   SOLE   10,000 0 0
SELECT SECTOR SPDR TR FINANCIAL 81369Y605 BBG001S7T223 641,501 19,030 SH   SOLE   19,030 0 0
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 BBG001S7T107 24,703,579 333,067 SH   SOLE   333,067 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 BBG001S7SCQ6 25,217,107 189,988 SH   SOLE   189,988 0 0
SIMPLIFY EXCHANGE TRADED FUN SIMPLIFY INTERST 82889N855 BBG010Z8GX02 376,680 6,000 SH   SOLE   6,000 0 0
SPDR GOLD TR GOLD SHS 78463V107 BBG001SCPX28 3,565,400 20,000 SH   SOLE   20,000 0 0
SPDR INDEX SHS FDS EURO STOXX 50 78463X202 BBG001SLBK12 229,900 5,000 SH   SOLE   5,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 BBG001S72SM3 65,162,160 147,000 SH   SOLE   147,000 0 0
SPDR SER TR COMP SOFTWARE 78464A599 BBG0024LG5C2 533,397 4,000 SH   SOLE   4,000 0 0
SPDR SER TR HLTH CR EQUIP 78464A581 BBG001V08KL6 565,800 5,750 SH   SOLE   5,750 0 0
SPDR SER TR S&P BIOTECH 78464A870 BBG001SQDKG3 432,640 5,200 SH   SOLE   5,200 0 0
SPDR SER TR S&P OILGAS EXP 78468R556 BBG001SB12P9 1,545,960 12,000 SH   SOLE   12,000 0 0
SPROTT PHYSICAL GOLD TR UNIT 85207H104 BBG001T66XM9 7,101,920 476,000 SH   SOLE   476,000 0 0
VANECK ETF TRUST FALLEN ANGEL HG 92189F437 BBG002VZY7Y3 1,388,500 50,000 SH   SOLE   50,000 0 0
VANECK ETF TRUST GOLD MINERS ETF 92189F106 BBG001SR42Z0 602,200 20,000 SH   SOLE   20,000 0 0
VANECK ETF TRUST VANECK VIETNAM 92189F817 BBG001T5CFW2 350,056 26,320 SH   SOLE   26,320 0 0
VANGUARD BD INDEX FDS TOTAL BND MRKT 921937835 BBG001SK7DK4 236,962,131 3,259,900 SH   SOLE   3,259,900 0 0
VANGUARD INDEX FDS REAL ESTATE ETF 922908553 BBG001SMD2X3 11,962,700 143,163 SH   SOLE   143,163 0 0
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 BBG001TC6MC1 13,552,649 33,276 SH   SOLE   33,276 0 0
VANGUARD INDEX FDS TOTAL STK MKT 922908769 BBG001SHTB03 95,734,789 434,605 SH   SOLE   434,605 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 BBG001SHTTZ6 14,144,436 347,700 SH   SOLE   347,700 0 0
VANGUARD INTL EQUITY INDEX F TT WRLD ST ETF 922042742 BBG001T2YZG9 13,179,582 135,900 SH   SOLE   135,900 0 0
VANGUARD MALVERN FDS STRM INFPROIDX 922020805 BBG003H12XS7 2,371,000 50,000 SH   SOLE   50,000 0 0
VANGUARD STAR FDS VG TL INTL STK F 921909768 BBG001TJR1D8 119,684,366 2,134,172 SH   SOLE   2,134,172 0 0
VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT 921943858 BBG001SSPWL4 7,772,094 168,300 SH   SOLE   168,300 0 0
VANGUARD WHITEHALL FDS EM MK GOV BD ETF 921946885 BBG004N1LYJ5 3,238,040 52,000 SH   SOLE   52,000 0 0
VANGUARD WORLD FDS MATERIALS ETF 92204A801 BBG001SHTTP7 3,115,326 17,120 SH   SOLE   17,120 0 0
VIRTUS EQUITY & CONV INCM FD COM 92841M101 BBG001SHZGR6 1,269,000 60,000 SH   SOLE   60,000 0 0
WISDOMTREE TR JAPN HEDGE EQT 97717W851 BBG001SHL470 10,834,155 130,140 SH   SOLE   130,140 0 0