| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES - MARKS PANETH LLP | 7,500 | 5,625 | 1,875 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| QYLUR SECURITIES SYSTEMS INC | 125,000 | 156,250 |
| 250 SH. HP WORLDQUANT - FOUNDERS | 250,000 | 308,102 |
| ALIBABA GROUP HLDG LTD | 51,202 | 51,200 |
| ALPHABET INC (GOOGLE INC) | 44,602 | 96,353 |
| AMAZON INC | 19,180 | 87,937 |
| AMERICAN CAMPUS CMMTYS INC | 26,889 | 35,328 |
| BOOKING HOLDINGS INC | 54,910 | 71,273 |
| CARNIVAL CP NEW PAIRED COM | 41,755 | 40,223 |
| CIGNA CORP | 56,574 | 67,034 |
| CITIGROUP INC NEW | 36,835 | 48,896 |
| COMCAST CORP | 30,648 | 42,234 |
| DANAHER CORPORATION | 15,639 | 65,976 |
| ESTEE LAUDER CO INC CL A | 56,050 | 68,677 |
| FACEBOOK INC CL-A (FB) | 42,274 | 73,207 |
| FALCON MINERALS CORP CL A | 40,299 | 20,686 |
| JPMORGAN CHASE & CO | 24,091 | 30,751 |
| MICROSOFT CORP | 21,033 | 47,598 |
| NORWEGIAN CRUISE LINE HLDG LTD | 38,224 | 38,272 |
| SALESFORCE.COM,INC. (CRM) | 50,722 | 72,990 |
| STRYKER CORP | 27,556 | 41,657 |
| THERMO FISHER SCIENTIFIC | 9,767 | 35,399 |
| UNITEDHEALTH GP INC | 38,876 | 62,772 |
| VERIZON COMMUNICATIONS | 21,341 | 27,259 |
| VISA INC CL A | 28,314 | 86,180 |
| WELLS FARGO & CO | 59,463 | 74,242 |
| ISHARES CORE S&P U.S. GROWTH | 41,732 | 66,074 |
| ISHARES EDGE MSCI US QLTY FAC | 53,570 | 70,161 |
| ISHARES EDGE MSCI US MOMENTUM (MTUM) | 45,565 | 69,145 |
| ISHARES S&P MIDCAP 400 INDEX (IJH) | 32,222 | 42,059 |
| KRANESH BOSERA MSCI CHINA A | 25,577 | 37,584 |
| KRANESHARES CSI CHINA INTERNET | 25,606 | 42,465 |
| OAKTREE SPECIALTY LENDING CORP | 8,585 | 14,165 |
| PENNANTPARK FLTG RT CAP LTD | 22,125 | 20,239 |
| PENNANTPARK INVESTMENT CORP | 16,118 | 10,589 |
| PROSHARES TR S&P | 36,630 | 57,434 |
| SPDR S&P MIDCAP 400 ETF TRUST | 30,886 | 42,248 |
| VANGUARD INFO TECH ETF | 20,948 | 77,834 |
| WISDOMTREE TR CHINADIV EX FI (CXSE) | 16,472 | 29,860 |
| FIDELITY ADV HEALTH CARE I CONFIRM NBR | 50,407 | 60,249 |
| GQG PARTNERS EMRG MKTS EQ INS (GQGIX) | 50,134 | 69,803 |
| VIRTUS KAR SM-CAP VALUE I CONFIRM NBR | 54,111 | 62,754 |
| MS TRIGGER PLUS ON THE S&P 500 INDEX (SPTCZ) & OPTIONS | 267,596 | 680,419 |
| PIMCO ENHANCED SHRT MTRT EXC (MINT) | 108,549 | 108,673 |
| BLACKROCK SH OBLIGATIONS INV A (BASOX) | 403,187 | 406,010 |
| EDGEWOOD GROWTH FUND | 1,085,744 | 1,424,231 |
| INVESCO EXCHANGE TRADED FD TR | 759,940 | 1,219,920 |
| VANGUARD SPECIALIZED FUNDS DIV APP ETF | 303,023 | 541,669 |
| AMAZON | 95,762 | 325,693 |
| SALIENT MIDSTREAM & MLP FUND | 95,331 | 130,979 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT ADVISORY FEES - MORGAN STANLEY | 14,054 | 14,054 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES PAID | 154 | 154 | 0 |