2026-06-15T07:49:45-05:00 2025-12-31 510232399 BELFINT LYONS & SHUMAN PA 1011 CENTRE RD STE 310 WILMINGTON DE 19805 990PF 2025-01-01 823460019 THE ACIERNO FAMILY FOUNDATION JOHN YANNACONE AND MICHAEL ACIERNO ACIE 6105657004 1011 CENTRE ROAD 310 WILMINGTON DE 19805 MICHAEL A ACIERNO PRESIDENT 6105657004 2026-06-08 1 MARY KATHRYN DEAN CPA P00615731 3022250600 2026-06-08 2025 2025-03-06 01:10:19Z X 13341830 X X 3003 3003 350092 350092 375348 2269917 375348 2838 2838 731281 731281 0 0 0 24000 21600 2400 38366 38366 0 11775 2198 0 1383 1383 0 75524 63547 2400 570000 570000 645524 63547 572400 85757 667734 56272 87340 87340 7240 11600 11600 951148 979846 984144 585730 669141 714676 955237 950705 955194 6457182 6419975 10570795 12122 18081 18081 9024931 9136688 13341830 26000 0 26000 X 0 0 0 0 9024931 9110688 9024931 9110688 9024931 9136688 9024931 85757 0 9110688 0 9110688 COVERED - S\T - GS 0757 2025-12-31 409696 383010 26686 26686 COVERED - L\T - GS 0757 2025-12-31 407298 303418 103880 103880 COVERED - S\T - GS 6983 2025-12-31 85097 75360 9737 9737 COVERED - L\T - GS 6983 2025-12-31 470753 390248 80505 80505 COVERED - S\T - GS 1427 2025-12-31 78781 96932 -18151 -18151 COVERED - L\T - GS 1427 2025-12-31 119672 100658 19014 19014 COVERED - L\T - GS 6975 2025-12-31 307495 314085 -6590 -6590 HOME DEPOT 2.7% 2025-12-31 8000 8000 0 0 US TREASURY NOTE .625% 2025-12-31 81413 81856 -443 -443 US TREASURY NOTE 1.625% 2025-12-31 128193 130002 -1809 -1809 INTERCONTINENTAL EXCHANGE 3.75% 2025-12-31 11000 11000 0 0 CAPITAL GAINS DIVIDENDS P 162519 162519 162519 375348 9282 0 9282 0 9282 11600 0 0 0 11600 X 0 2318 2318 0 0 0 0 0 0 0 0 0 0 0 1 1 DE 1 0 0 0 0 1 N/A MICHAEL A ACIERNO 3022250600 1011 CENTRE ROAD SUITE 310 WILMINGTON DE 19805 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 MICHAEL A ACIERNO C/O BLS 1011 CENTRE ROAD SUITE 310 WILMINGTON DE 19805 DIRECTOR/PRESIDENT/TREASUR 1.00 0 0 0 JOHN J YANNACONE C/O BLS 1011 CENTRE ROAD SUITE 310 WILMINGTON DE 19805 DIRECTOR/VICE-PRESIDENT/SE 1.00 0 0 0 NONE 0 NONE 0 0 12835611 56149 0 12891760 0 0 12891760 193376 12698384 634919 634919 9282 9282 625637 0 625637 0 625637 572400 0 572400 625637 566903 0 0 572400 566903 0 0 5497 0 0 0 0 0 0 0 0 620140 0 0 0 X ACCESS GRANTED YOUTH EXPLORATION 5907 KENTUCKY AVE DISTRICT HEIGHTS MD 20747 N/A PC THE FURTHERANCE OF CHARITABLE PROGRAMS 2000 ALUMNI ASSOCIATION OF THE UNIVERSITY OF VIRGINIA 2420 OLD IVY ROAD CHARLOTTESVILLE VA 22903 N/A PC THE FURTHERANCE OF CHARITABLE PROGRAMS 1000 ALZHEIMER'S ASSOCIATION 131 S DEARBORN 6TH FLOOR CHICAGO IL 60601 N/A PC THE FURTHERANCE OF CHARITABLE PROGRAMS 50000 ANNAPOLIS WELLNESS CORP 2625 MAS QUE FARM RD ANNAPOLIS MD 21403 N/A PC THE FURTHERANCE OF CHARITABLE PROGRAMS 15000 BRANDYWINE SPCA 1212 PHOENIXVILLE PIKE WEST CHESTER PA 19380 N/A PC THE FURTHERANCE OF CHARITABLE PROGRAMS 10000 CANCER RESEARCH INSTITUTE 29 BROADWAY FLOOR 4 NEW YORK NY 10006 N/A PC THE FURTHERANCE OF CHARITABLE PROGRAMS 20000 CATHOLIC CHARITIES 2050 BALLENGER AVENUE SUITE 400 ALEXANDRIA VA 22314 N/A PC THE FURTHERANCE OF CHARITABLE PROGRAMS 49200 CHESAPEAKE BAY OUTWARD BOUND SCHOOL INC 1900 EAGLE DRIVE BALTIMORE MD 21207 N/A PC THE FURTHERANCE OF CHARITABLE PROGRAMS 1000 EPILEPSY FOUNDATION OF DELAWARE 527 STANTON-CHRISTIANA ROAD DCA BUILDING NEWARK DE 19713 N/A PC THE FURTHERANCE OF CHARITABLE PROGRAMS 15000 FAITHFUL FRIENDS 165 AIRPORT ROAD NEW CASTLE DE 19720 N/A PC THE FURTHERANCE OF CHARITABLE PROGRAMS 10000 FOOD BANK OF DELAWARE 222 LAKE DRIVE NEWARK DE 19702 N/A PC THE FURTHERANCE OF CHARITABLE PROGRAMS 55000 FORGOTTEN CATS INC 4023 KENNETT PIKE SUITE 422 GREENVILLE DE 19807 N/A PC THE FURTHERANCE OF CHARITABLE PROGRAMS 3000 HURRICANE ISLAND OUTWARD BOUND SCHOOL 21 ELM STREET PO BOX 800 CAMDEN ME 04843 N/A PC THE FURTHERANCE OF CHARITABLE PROGRAMS 10000 LITTLE SISTERS OF THE POOR 185 SALEM CHURCH ROAD NEWARK DE 19713 N/A PC THE FURTHERANCE OF CHARITABLE PROGRAMS 10000 LUMINIS HEALTH ANNE ARUNDEL MED CTR FNDTN 2000 MEDICAL PARKWAY STE 604 ANNAPOLIS MD 21401 N/A PC THE FURTHERANCE OF CHARITABLE PROGRAMS 5000 SAMARITAN'S PURSE PO BOX 3000 BOONE NC 28607 N/A PC US DISASTER RELIEF 50000 SEVERN RIVER ASSOCIATION 7076 BEMBE BEACH ROAD STE 203 ANNAPOLIS MD 21404 N/A PC THE FURTHERANCE OF CHARITABLE PROGRAMS 6800 ST EDMONDS ACADEMY 2120 VEALE ROAD WILMINGTON DE 19810 N/A PC SCHOLARSHIPS 150000 SUNDAY BREAKFAST MISSION PO BOX 352 WILMINGTON DE 19899 N/A PC THE FURTHERANCE OF CHARITABLE PROGRAMS 6000 TALLEYVILLE FIRE COMPANY PO BOX 7040 WILMINGTON DE 19803 N/A PC THE FURTHERANCE OF CHARITABLE PROGRAMS 3000 THE ASHER HOUSE 3624 COMMERCIEAL STREET SE UNIT 3548 SALEM OR 97302 N/A PC THE FURTHERANCE OF CHARITABLE PROGRAMS 5000 THE INNOCENCE PROJECT 40 WORTH STREET STE 701 NEW YORK NY 10013 N/A PC THE FURTHERANCE OF CHARITABLE PROGRAMS 10000 THE LIGHT HOUSE INC 10 HUDSON STREET ANNAPOLIS MD 21401 N/A PC THE FURTHERANCE OF CHARITABLE PROGRAMS 20000 THE ROOTS FUND 1127 HIGH RIDGE ROAD UNIT 17 STAMFORD CT 06905 N/A PC THE FURTHERANCE OF CHARITABLE PROGRAMS 10000 THE TREVOR PROJECT 458 N DOHENY 69232 WEST HOLLYWOOD CA 90048 N/A PC THE FURTHERANCE OF CHARITABLE PROGRAMS 10000 THE V FOUNDATION FOR CANCER RESEARCH 14600 WESTON PARKWAY CARY NC 27513 N/A PC THE FURTHERANCE OF CHARITABLE PROGRAMS 20000 UC DAVIS FOUNDATION 202 COUSTEAU PLACE SUITE 185 DAVIS CA 95618 N/A PC THE FURTHERANCE OF CHARITABLE PROGRAMS 10000 WEST END NEIGHBORHOOD HOUSE 710 NORTH LINCOLN STREET WILMINGTON DE 19805 N/A PC THE FURTHERANCE OF CHARITABLE PROGRAMS 3000 WOMEN OF THE VINE & SPIRITS PO BOX 24 PIERMONT NY 10968 N/A PC THE FURTHERANCE OF CHARITABLE PROGRAMS 10000 570000 0 14 3003 14 350092 14 2838 18 375348 0 731281 0 731281 0 0 0 0 0 0 0 0 0 0 ACCOUNTING FEES 24000 21600 2400 3M COMPANY MTN 2.25% 09/19/2026USO SR LIEN NEXT CALL 29433 29628 3M COMPANY MTN 3.375% 03/01/2029 USD SR LIEN NEXT CALL DT. 12 01 28 S&P A+ / 7683 7845 ADOBE INC 2.15% 02/01/2027 USD SR LIEN NEXT CALL DT. 12 01 26 S&P A+ /MOODY' 37975 37372 AEP TEXAS INC 4.7% 05/15/2032 20185 20098 AIR PRODUCTS & CHEMICALS 1.85%05/15/2027USO SR LIEN 9610 9750 AMERICAN TOWER CORPORATION 1.5% 01/31/2028 USD SR LIEN NEXT CALL DT. 01 31 2 24993 23728 AT&T INC. 1.65% 02/01/2028 USD SR LIEN NEXT CALL DT. 12 01 27 S&P BBB /MOODY 9735 9534 AT&T INC. 4.35% 03/01/2029 USD SER 10YR SR LIEN NEXT CALL DT. 12 01 28 S&P B 7537 7040 B.A.T. INTERNATIONAL FINANCE P 1.668% 03/25/2026 USD SR LIEN NEXT CALL DT. 0 8929 8950 BANK OF AMERICA CORPORATION HYBRID 03/11/2027 USD SER N SR LIEN CPN 03/11/21 9811 10949 BANK OF NEW YORK MELLON CORPOR MTN 1.65% 31456 32760 BB&T CORPORATION MTN 3.875% 03/19/2029 USD SUB LIEN NEXT CALL DT. 02 16 29 S 28515 28654 CAPITAL ONE FINANCIAL CORPORATION HYBRID 11/02/2032 20583 20635 CITIGROUP INC 3.4% 05/01/2026 USD SR LIEN S&P BBB+ /MOODY'S A3 35262 34934 COMCAST CORPORATION 4.95% 05/15/2032 30606 30769 CONSTELLATION BRANDS, INC. 4.75% 05/09/2032 12087 12069 CROWN CASTLE INTL CORP 3.3% 07/01/2030USO SR LIEN 9112 9493 DIGITAL REALTY TRUST, INC. 4.45% 07/15/2028 USD SR LIEN NEXT CALL DT. 04 15 25280 24162 DOW CHEMICAL COMPANY 2.1% 11/15/2030 13280 13290 DUKE ENERGY CAROLINAS 2.85% 03/15/2032 28844 29348 ENTERPRISE PRODUCTS OPERATING 3.125% 07/31/2029 USD SR LIEN NEXT CALL DT. 04 9434 9704 FOX CORP 3.5% 04/08/2030 USO SR LIEN NEXT CALL DT. 01 08 14839 15544 GATX CORP 4.7% 04/01/2029 USD SR LIEN NEXT CALL DT. 01 01 29 S&P BBB /MOODY' 27934 28317 GENERAL MOTORS FINL CO 5.85% 04/06/2030 USD SR LIEN 19051 19975 HEALTHPEAK PROPERTIES, INC. 2.125% 12/01/2028 USD SR LIEN NEXT CALL DT. 10 0 20479 19842 HUMANA INC. 1.35% 02/03/2027 USD SR 8643 8736 INTEL CORPORATION 5.0% 02/21/2031USO SR LIEN NEXT CALL 27660 28653 JOHN DEERE CAPITAL CORPORATION MTN 4.75% 12970 13051 JPMORGAN CHASE & CO. HYBRID 04/23/2029 USD SR LIEN CPN 04/23/18 4.005% NEXT 13955 11992 JPMORGAN CHASE & CO. HYBRID 06/01/2028 USD SR LIEN CPN 05/27/20 2.182% NEXT 24587 24383 KENVUE INC. 4.85% 05/22/2032 9190 9214 MORGAN STANLEY HYBRID MTN 01/22/2031 USO SR LIEN 31209 33784 MPLX LP 2.65% 08/15/2030USO SR LIEN NEXT CALL DT. 05 15 10662 11124 NETAPP, INC. 2.375% 06/22/2027 USD SR LIEN NEXT CALL DT. 04 22 27 S&P BBB+ / 24960 24441 NXP BV/NXP FDG/NXPUSA 3.4% 05/01/2030 USO SR LIEN 16631 17374 PNC FINANCIAL SERVICES GROUP, 2.55% 17260 17895 REGIONS FINANCIAL CORP 1.8% 08/12/2028 USD SR LIEN NEXT CALL DT. 06 12 28 S& 35710 34986 REPUBLIC SERVICES INC 1.75% 02/15/2032 22826 23323 ROPER TECHNOLOGIES INC 1.4% 09/15/2027 USD SR LIEN NEXT CALL DT. 07 15 27 S& 34951 33516 ROYALTY PHARMA PLC 1.75% 09/02/2027 USD SER WI SR LIEN NEXT CALL DT. 07 02 2 8773 8669 S&P GLOBAL INC. 2.5% 21390 21695 SABINE PASS LIQUEFACTION, LLC 5.0% 22927 23156 SHELL INTERNATIONAL FINANCE B. 2.5% 10837 10906 THE CIGNA GROUP 4.875% 09/15/2032 19379 19277 TORONTO-DOMINION BANK MTN 3.2% 3/10/2032 10782 11199 TOTAL CAPITAL INTL SA 2.829% 10388 10540 UNITEDHEALTH GROUP INCORPORATE 2.0% 05/15/2030 USO 13367 13693 US BANCORP HYBRID 02/01/2029USO SR LIEN CPN 02/01/23 14598 15193 WELLS FARGO & COMPANY MTN 4.1% 06/03/2026 USD SER M SUB LIEN S&P BBB /MOODY' 34397 34004 AAR CORP. CMN (AIR) 8268 8279 ADAPTIVE BIOTECHNOLOGIES CORPO CMN (ADPT) 4620 4580 ADDUS HOMECARE CORPORATION CMN (ADUS) 6980 6658 ADMA BIOLOGICS, INC. CMN (ADMA) 10542 13260 AEROVIRONMENT INC CMN - (AVAV) 5128 4596 AGCO CORPORATION CMN (AGCO) 6146 5842 ALLEGRO MICROSYSTEMS INC CMN (ALGM) 8872 8415 ALLISON TRANSMISSION HLDG INC. CMN (ALSN) 5780 6755 AMERICAN HEALTHCARE REIT INC CMN (AHR) 13266 15012 AMERIS BANCORP CMN (ABCB) 5252 6016 ARTIVION INC CMN (AORT) 4355 4287 ASGN INCORPORATED CMN (ASGN) 11483 9008 ATI INC CMN (ATI) 5641 7804 ATMUS FILTRATION TECHNOLOGIES CMN (ATMU) 8245 9707 AUTONATION, INC. CMN (AN) 10836 10324 BADGER METER, INC. CMN (BMI) 6954 6628 BANC OF CALIFORNIA INC CMN (BANC) 8591 9182 BANK OF N.T. BUTTERFIELD & SON CMN (NTB) 6197 7324 BELDEN INC CMN (BDC) 10170 10256 BGC GROUP, INC. CMN (BGC) 7185 6939 BIOLIFE SOLUTIONS, INC. CMN (BLFS) 7657 6819 BLOOM ENERGY CORP CMN CLASS A (BE) 7182 5387 BRIDGEBIO PHARMA, INC. CMN (BBIO) 8125 11397 BRIGHT HORIZONS FAMILY SOL INC CMN (BFAM) 3157 3143 BRIGHTSPRING HEALTH SERVICES, CMN (BTSG) 9573 12433 BULLISH CMN (BLSH) 5539 3295 CASELLA WASTE SYSTEMS INC CLASS A (CWST) 8809 11067 CATHAY GENERAL BANCORP CMN (CATY) 9840 9678 CHAMPION HOMES INC CMN (SKY) 7045 8450 CHEESECAKE FACTORY INCORPORATE CMN (CAKE) 9733 9086 CHESAPEAKE UTILITIES CORP CMN (CPK) 4723 6238 COEUR MINING INC CMN (CDE) 3966 3691 COLLEGIUM PHARMACEUTICAL INC CMN (COLL) 2948 4074 COLUMBIA BANKING SYSTEM, INC. CMN (COLB) 12280 12773 COMMERCIAL METALS CO CMN (CMC) 8117 9552 CREDO TECHNOLOGY GROUP HOLDING CMN (CRDO) 6700 6331 DORMAN PRODUCTS, INC. CMN (DORM) 7279 9239 EAGLE MATERIALS INC. CMN (EXP) 2770 2687 ENCOMPASS HEALTH CORPORATION CMN (EHC) 7672 6581 ENPRO INC CMN (NPO) 14513 13490 ESAB CORPORATION CMN (ESAB) 11129 10502 ESSENTIAL PROPERTIES REALTY TRUST, INC. CMN (EPRT) 11169 11330 FEDERAL SIGNAL CORPORATION CMN (FSS) 8176 7493 FEDERATED HERMES INC CMN CLASS B (FHI) 6979 6873 GATES INDUSTRIAL CORPORATION P CMN (GTES) 6291 8202 GUARDANT HEALTH, INC. CMN (GH) 6088 12053 HAYWARD HOLDINGS, INC. CMN (HAYW) 5114 5902 HELMERICH & PAYNE INC. CMN (HP) 9685 11673 HUB GROUP, INC. CMN CLASS A (HUBG) 9170 11206 INTERPARFUMS INC CMN (IPAR) 3741 3393 ITRON, INC. CMN (ITRI) 11310 8172 KB HOME CMN (KBH) 7745 7051 KODIAK GAS SERVICES, INC. CMN (KGS) 9179 10061 KORN FERRY CMN (KFY) 4955 5348 LATTICE SEMICONDUCTOR CORP CMN (LSCC) 8632 8682 LIFE TIME GROUP HOLDINGS, INC. CMN (LTH) 4675 4997 LUMEXA IMAGING HOLDINGS, INC. CMN (LMRI) 3425 3349 MACOM TECHNOLOGY SOLUTIONS CMN (MTSI) 6563 8564 MARQETA, INC. CMN (MQ) 5063 4788 MIAMI INTERNATIONAL HOLDINGS I CMN (MIAX) 3759 3905 MKS INC CMN (MKSI) 5401 6392 MP MATERIALS CORP CMN CLASS A (MP) 3386 3183 NEBIUS GROUP NV CMN (NBIS) 5237 15151 NEKTAR THERAPEUTICS CMN (NKTR) 2799 2114 NORTHERN OIL AND GAS, INC. CMN (NOG) 10217 8867 OCEANFIRST FINANCIAL CORP CMN (OCFC) 4712 4667 OUTFRONT MEDIA INC. CMN (OUT) 8069 10556 PAYMENTUS HOLDINGS, INC. CMN CLASS A (PAY) 4366 4201 PENNYMAC FINANCIAL SERVICS INC CMN (PFSI) 12488 13975 PORTLAND GENERAL ELECTRIC CO CMN (POR) 5515 5999 RALLIANT CORPORATION CMN (RAL) 6076 7026 RAMBUS INC CMN (RMBS) 4487 3676 REPLIGEN CORP CMN (RGEN) 6609 7210 SANMINA CORPORATION CMN (SANM) 8249 9454 SILGAN HOLDINGS INC. CMN (SLGN) 7790 7347 SILICON LABORATORIES INC. CMN (SLAB) 7511 7319 SKYWARD SPECIALTY INSURANCE GR CMN (SKWD) 3688 6389 SOLENO THERAPEUTICS, INC. CMN (SLNO) 5038 3102 STEVEN MADDEN LTD CMN (SHOO) 8373 10160 STIFEL FINANCIAL CORP CMN (SF) 5606 6261 STRIDE INC CMN (LRN) 9485 4350 TARSUS PHARMACEUTICALS INC CMN (TARS) 4011 7697 TERRENO REALTY CORPORATION CMN (TRNO) 9134 9217 TWIST BIOSCIENCE CORPORATION CMN (TWST) 6274 4758 UNITED COMMUNITY BANKS, INC. CMN (UCB) 5286 5183 UNITY SOFTWARE INC. CMN (U) 5671 6891 UPWORK, INC. CMN (UPWK) 7136 8186 VISTEON CORPORATION CMN (VC) 10293 8369 WEBSTER FINANCIAL CORP CMN (WBS) 8326 8560 WILLSCOT HOLDINGS CORP CMN (WSC) 4073 3559 WINTRUST FINANCIAL CORPORATION CMN (WTFC) 6153 11325 WSFS FINANCIAL CORP CMN (WSFS) 5830 5855 WYNDHAM HOTELS & RESORTS, INC. CMN (WH) 6356 6045 ZURN ELKAY WATER SOLUTIONS COR CMN (ZWS) 10509 11623 LUKOIL 0 182 979846 984144 0 0 ARTISAN INTERNATIONAL FUND INV MUTUAL FUND CLASS I SHARES AT COST 863206 908671 FEDERATED HERMES INSTITUTIONAL HIGH YIELD BOND FUND AT COST 1068836 1074082 GOLDMAN SACHS STRATEGIC VOLATILITY PREMIUM FUND CLASS P AT COST 1132349 1108093 GS GOG PARTNERS INTERNATIONAL OPPORTUNITIES FUND AT COST 611932 919515 ISHARES S&P 500 INDEX FUND - CLASS G AT COST 2743652 6560434 ACCRUED INCOME RECEIVABLE 12122 12513 12513 UNSETTLED TRADES 5568 5568 FRANCHISE TAXES 174 174 0 MISC EXPENSES 1209 1209 0 CLASS ACTION PROCEEDS 2838 2838 2838 ADVISORY FEES 38366 38366 0 FOREIGN TAXES 2198 2198 0 SECT 4940 TAX ON NET INVESTMENT INCOME 9384 0 0 TAX PENALTY 193 0 0