Boyd Watterson Asset Management 13FHR Quarterly holdings report by institutional manager | SEC 22 Oct 24

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

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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
3M Company	COM	88579Y101	159,529	1,167	SH		SOLE		1,167	0	0
ABB Ltd-Spon ADR	COM	000375204	43,847	755	SH		SOLE		755	0	0
Abbott Laboratories	COM	002824100	2,332,759	20,461	SH		SOLE		20,461	0	0
Abbvie Inc	COM	00287Y109	4,995,915	25,298	SH		SOLE		25,298	0	0
Accelleron Industries AG	COM	00449R109	1,559	30	SH		SOLE		30	0	0
Accenture PLC Cl-A	COM	G1151C101	6,716	19	SH		SOLE		19	0	0
Adams Express Co	COM	006212104	6,468	300	SH		SOLE		300	0	0
Adient PLC	COM	G0084W101	406	18	SH		SOLE		18	0	0
Advanced Micro Devices	COM	007903107	503,890	3,071	SH		SOLE		3,071	0	0
Advansix Inc	COM	00773T101	1,489	49	SH		SOLE		49	0	0
Aflac Inc	COM	001055102	3,019	27	SH		SOLE		27	0	0
Air Products & Chemicals	COM	009158106	804,899	2,703	SH		SOLE		2,703	0	0
Akamai Technologies Inc	COM	00971T101	2,221	22	SH		SOLE		22	0	0
Alcoa Inc	COM	013872106	19,136	496	SH		SOLE		496	0	0
Alcon Inc.	COM	H01301128	4,003	40	SH		SOLE		40	0	0
Alerian MLP ETN 2044	COM	48133Q309	26,838	943	SH		SOLE		943	0	0
Alliancebernstein Gbl Hgh	COM	01879R106	3,969	350	SH		SOLE		350	0	0
Allianz SE Unsp ADR	COM	018820100	41,483	1,260	SH		SOLE		1,260	0	0
Alphabet Inc-CL A	COM	02079K305	10,225,648	61,656	SH		SOLE		61,656	0	0
Alphabet Inc-CL C	COM	02079K107	2,822,167	16,880	SH		SOLE		16,880	0	0
Altria Group Inc	COM	02209S103	74,774	1,465	SH		SOLE		1,465	0	0
Amazon.com Inc	COM	023135106	5,163,204	27,710	SH		SOLE		27,710	0	0
American Electric Power	COM	025537101	47,196	460	SH		SOLE		460	0	0
American Express Co	COM	025816109	7,688,572	28,350	SH		SOLE		28,350	0	0
American Financial Group 5.875 Pfd	PFD	025932807	21,751	876	SH		SOLE		876	0	0
American Intl Group	COM	026874784	293	4	SH		SOLE		4	0	0
American Tower Corp	COM	03027X100	3,023	13	SH		SOLE		13	0	0
Ameriprise Financial Inc	COM	03076C106	213,371	454	SH		SOLE		454	0	0
Amgen Inc	COM	031162100	316,617	983	SH		SOLE		983	0	0
Anthem Inc	COM	036752103	29,120	56	SH		SOLE		56	0	0
Aon Plc - Class A	COM	G0403H108	47,747	138	SH		SOLE		138	0	0
Apple Inc	COM	037833100	10,034,599	43,067	SH		SOLE		43,067	0	0
Ares Capital Corp	COM	04010L103	3,560	170	SH		SOLE		170	0	0
Ares Dynamic Credit Allocation	COM	04014F102	4,202	275	SH		SOLE		275	0	0
AT & T Inc	COM	00206R102	91,806	4,173	SH		SOLE		4,173	0	0
AT&T Inc. 4.75 Pfd	PFD	00206R706	3,463	165	SH		SOLE		165	0	0
Automatic Data Processing	COM	053015103	4,151	15	SH		SOLE		15	0	0
Avalonbay Communities	COM	053484101	269,186	1,195	SH		SOLE		1,195	0	0
Avanos Medical Inc.	COM	05350V106	264	11	SH		SOLE		11	0	0
Avery Dennison Corp	COM	053611109	5,519	25	SH		SOLE		25	0	0
AXA Spons ADR	COM	054536107	34,568	897	SH		SOLE		897	0	0
BAE Systems PLC ADR	COM	05523R107	44,486	670	SH		SOLE		670	0	0
Bank of America Corp	COM	060505104	417,557	10,523	SH		SOLE		10,523	0	0
Bank of America Corp 5 Pfd	PFD	06055H202	2,930	125	SH		SOLE		125	0	0
Bank of New York Mellon	COM	064058100	14,372	200	SH		SOLE		200	0	0
BASF SE ADR	COM	055262505	12,870	970	SH		SOLE		970	0	0
Bath & Body Works Inc.	COM	070830104	19,216	602	SH		SOLE		602	0	0
Becton Dickinson & Co	COM	075887109	25,557	106	SH		SOLE		106	0	0
Berkshire Hathaway Cl B	COM	084670702	57,532	125	SH		SOLE		125	0	0
BHP Limited Spons ADR	COM	088606108	22,360	360	SH		SOLE		360	0	0
BlackRock Inc	COM	09247X101	426,593	449	SH		SOLE		449	0	0
BlackRock Science & Tech	COM	09258G104	3,402	96	SH		SOLE		96	0	0
BNP Paribas ADR	COM	05565A202	13,429	391	SH		SOLE		391	0	0
Boeing Co	COM	097023105	648,603	4,266	SH		SOLE		4,266	0	0
Booking Holdings Inc.	COM	09857L108	2,042,878	485	SH		SOLE		485	0	0
Bristol-Myers Squibb Co	COM	110122108	2,194,811	42,420	SH		SOLE		42,420	0	0
British American TOB-SP ADR	COM	110448107	21,948	600	SH		SOLE		600	0	0
Broadcom Inc	COM	11135F101	10,709,649	62,085	SH		SOLE		62,085	0	0
Brookfield Oaktree Hldgs	PFD	674001300	3,089	125	SH		SOLE		125	0	0
Brunswick Corp 6.5 Pfd	PFD	117043406	231,956	9,338	SH		SOLE		9,338	0	0
Brunswick Corp 6.625 Pfd	PFD	117043505	21,871	871	SH		SOLE		871	0	0
BXP Inc.	COM	101121101	3,299	41	SH		SOLE		41	0	0
Calamos Strategic Total Re	COM	128125101	8,675	500	SH		SOLE		500	0	0
Canon Inc SP ADR	COM	138006309	12,560	382	SH		SOLE		382	0	0
Capital One Financial Corp	COM	14040H105	25,304	169	SH		SOLE		169	0	0
Cardinal Health Inc	COM	14149Y108	46,971	425	SH		SOLE		425	0	0
Carnival Corp	COM	143658300	10,256	555	SH		SOLE		555	0	0
Carnival PLC ADR	COM	14365C103	2,684	161	SH		SOLE		161	0	0
Carrier Global	COM	14448C104	734,512	9,126	SH		SOLE		9,126	0	0
Caterpillar Inc	COM	149123101	4,197,617	10,732	SH		SOLE		10,732	0	0
Cencora Inc.	COM	03073E105	39,839	177	SH		SOLE		177	0	0
Centerpoint Energy	COM	15189T107	33,303	1,132	SH		SOLE		1,132	0	0
CH Robinson Worldwide Inc	COM	12541W209	993	9	SH		SOLE		9	0	0
Charles Schwab 4.45 Pfd	PFD	808513865	820,628	36,750	SH		SOLE		36,750	0	0
Charles Schwab Corp	COM	808513105	1,196,540	18,462	SH		SOLE		18,462	0	0
Charter Communications Inc	COM	16119P108	4,213	13	SH		SOLE		13	0	0
Chemours Co	COM	163851108	589	29	SH		SOLE		29	0	0
Chevron Corp	COM	166764100	2,794,140	18,973	SH		SOLE		18,973	0	0
Chipotle Mexican Grill Inc	COM	169656105	1,595,094	27,683	SH		SOLE		27,683	0	0
Chubb Ltd	COM	H1467J104	65,176	226	SH		SOLE		226	0	0
Cigna Corp	COM	125523100	1,542,697	4,453	SH		SOLE		4,453	0	0
Cincinnati Financial Corp	COM	172062101	42,606	313	SH		SOLE		313	0	0
Cisco Systems Inc	COM	17275R102	573,038	10,767	SH		SOLE		10,767	0	0
Citigroup Inc	COM	172967424	1,725,945	27,571	SH		SOLE		27,571	0	0
Cleveland - Cliffs Inc	COM	185899101	3,244	254	SH		SOLE		254	0	0
CMS Energy Corp	COM	125896100	2,755	39	SH		SOLE		39	0	0
Coca-Cola Co	COM	191216100	1,762,151	24,522	SH		SOLE		24,522	0	0
Cognizant Technology Cl A	COM	192446102	1,621	21	SH		SOLE		21	0	0
Colgate-Palmolive Co	COM	194162103	140,144	1,350	SH		SOLE		1,350	0	0
Conagra Inc	COM	205887102	14,016	431	SH		SOLE		431	0	0
ConocoPhillips	COM	20825C104	422,159	4,010	SH		SOLE		4,010	0	0
Consolidated Edison Inc	COM	209115104	35,300	339	SH		SOLE		339	0	0
Constellation Energy	COM	21037T109	43,423	167	SH		SOLE		167	0	0
Corning Inc	COM	219350105	5,644	125	SH		SOLE		125	0	0
Corporate Office Property	COM	22002T108	2,881	95	SH		SOLE		95	0	0
Corteva Inc.	COM	22052L104	11,876	202	SH		SOLE		202	0	0
CrowdStrike Holdings Inc	COM	22788C105	2,880,988	10,272	SH		SOLE		10,272	0	0
CSX Corp	COM	126408103	676,679	19,597	SH		SOLE		19,597	0	0
Cummins Inc	COM	231021106	807,169	2,493	SH		SOLE		2,493	0	0
CVS Health Corp	COM	126650100	27,353	435	SH		SOLE		435	0	0
Danaher Corp	COM	235851102	696,197	2,504	SH		SOLE		2,504	0	0
Darden Restaurants Inc	COM	237194105	59,415	362	SH		SOLE		362	0	0
Davita Inc	COM	23918K108	2,951	18	SH		SOLE		18	0	0
DBS Group Hldgs Ltd ADR	COM	23304Y100	36,091	304	SH		SOLE		304	0	0
Deere & Company	COM	244199105	12,520	30	SH		SOLE		30	0	0
Dell Technologies C	COM	24703L202	392,130	3,308	SH		SOLE		3,308	0	0
Diageo PLC-Sponsored ADR	COM	25243Q205	19,788	141	SH		SOLE		141	0	0
Discover Financial Services	COM	254709108	24,270	173	SH		SOLE		173	0	0
Disney (Walt) Co/The	COM	254687106	30,781	320	SH		SOLE		320	0	0
DNP Select Income Fund Inc	COM	23325P104	625,339	62,285	SH		SOLE		62,285	0	0
Dominion Resources Inc	COM	25746U109	32,189	557	SH		SOLE		557	0	0
Donnelley Financial Solutions	COM	25787G100	5,003	76	SH		SOLE		76	0	0
Dover Corp	COM	260003108	2,301	12	SH		SOLE		12	0	0
Dow Inc	COM	260557103	11,582	212	SH		SOLE		212	0	0
Duke Energy Corp	COM	26441C204	77,828	675	SH		SOLE		675	0	0
Duke Energy Corp 5.75 Pfd	PFD	26441C501	3,126	125	SH		SOLE		125	0	0
DuPont De Nemours Inc	COM	26614N102	18,000	202	SH		SOLE		202	0	0
Eaton Corp PLC	COM	G29183103	7,777,571	23,466	SH		SOLE		23,466	0	0
Edison International	COM	281020107	16,983	195	SH		SOLE		195	0	0
Embecta Corp	COM	29082K105	42	3	SH		SOLE		3	0	0
Emerson Electric Co	COM	291011104	1,652,657	15,111	SH		SOLE		15,111	0	0
Enbridge Inc	COM	29250N105	22,904	564	SH		SOLE		564	0	0
Enbridge Inc VRN Pfd	PFD	29250N790	3,962	177	SH		SOLE		177	0	0
Energy Transfer Equity LP	COM	29273V100	22,229	1,385	SH		SOLE		1,385	0	0
Eni Spa-Sponsored ADR	COM	26874R108	7,820	258	SH		SOLE		258	0	0
Enterprise Products Part	COM	293792107	57,638	1,980	SH		SOLE		1,980	0	0
EOG Resources Inc	COM	26875P101	557,856	4,538	SH		SOLE		4,538	0	0
Epsilon Energy LTD	COM	294375209	5,860	1,000	SH		SOLE		1,000	0	0
Equity Residential	COM	29476L107	44,676	600	SH		SOLE		600	0	0
Ericsson LM TEL-SP ADR	COM	294821608	13,394	1,767	SH		SOLE		1,767	0	0
Exelon Corporation	COM	30161N101	196,597	4,848	SH		SOLE		4,848	0	0
Expedia Group Inc	COM	30212P303	1,359,268	9,183	SH		SOLE		9,183	0	0
Exxon Mobil Corp	COM	30231G102	5,835,896	49,786	SH		SOLE		49,786	0	0
Fastenal Co	COM	311900104	263,968	3,696	SH		SOLE		3,696	0	0
FedEx Corp	COM	31428X106	18,063	66	SH		SOLE		66	0	0
Fidelity National Info Serv	COM	31620M106	41,875	500	SH		SOLE		500	0	0
Fifth Third Bancorp	COM	316773100	43,654	1,019	SH		SOLE		1,019	0	0
Fifth Third Bancorp 4.95 Pfd	PFD	316773860	3,471	150	SH		SOLE		150	0	0
Financial Sel Sec SPDR Fd	COM	81369Y605	22,660	500	SH		SOLE		500	0	0
FirstEnergy	COM	337932107	15,833	357	SH		SOLE		357	0	0
Fiserv Inc	COM	337738108	26,768	149	SH		SOLE		149	0	0
Fluor Corp (New)	COM	343412102	5,534	116	SH		SOLE		116	0	0
Ford Motor Co 6.5 Pfd	PFD	345370811	3,189	125	SH		SOLE		125	0	0
Ford Motor Company	COM	345370860	26,453	2,505	SH		SOLE		2,505	0	0
Fortive Corp	COM	34959J108	6,314	80	SH		SOLE		80	0	0
Fortune Brands Innovations Inc.	COM	34964C106	11,012	123	SH		SOLE		123	0	0
Four Corners Property Trust	COM	35086T109	352	12	SH		SOLE		12	0	0
Freeport-McMoran Copper-B	COM	35671D857	7,188	144	SH		SOLE		144	0	0
Frontline PLC	COM	M46528101	1,257	55	SH		SOLE		55	0	0
Gabelli Equity Trust	COM	362397101	28,987	5,280	SH		SOLE		5,280	0	0
Gabelli Healthcare & Wellness Tr	COM	36246K103	1,664	152	SH		SOLE		152	0	0
Gabelli Utility RT EXP 10/21/24	COM	36240A184	20	720	SH		SOLE		720	0	0
Gabelli Utility Trust	COM	36240A101	3,744	720	SH		SOLE		720	0	0
Garrett Motion Inc	COM	366505105	949	116	SH		SOLE		116	0	0
GE Healthcare Technology	COM	36266G107	12,576	134	SH		SOLE		134	0	0
GE Vernova LLC	COM	36828A101	200,669	787	SH		SOLE		787	0	0
General Electric Co.	COM	369604301	652,955	3,462	SH		SOLE		3,462	0	0
General Mills Inc	COM	370334104	48,150	652	SH		SOLE		652	0	0
Genuine Parts Co	COM	372460105	33,803	242	SH		SOLE		242	0	0
Georgia Power Co 5 Pfd	PFD	373334440	3,058	125	SH		SOLE		125	0	0
GlaxoSmithKline PLC	COM	37733W204	10,016	245	SH		SOLE		245	0	0
Global X Funds ETF	COM	37954Y483	4,510	250	SH		SOLE		250	0	0
Goldman Sachs Gp 4 Pfd	PFD	38144G804	11,305	500	SH		SOLE		500	0	0
Goldman Sachs Group Inc	COM	38141G104	1,965,092	3,969	SH		SOLE		3,969	0	0
Grail Inc.	COM	384747101	234	17	SH		SOLE		17	0	0
Grayscale Bitcoin Mini Trust	COM	389930108	1,025	182	SH		SOLE		182	0	0
Grayscale Bitcoin Trust	COM	389637109	9,191	182	SH		SOLE		182	0	0
Haleon PLC ADR	COM	405552100	2,867	271	SH		SOLE		271	0	0
Harley-Davidson Inc	COM	412822108	5,934	154	SH		SOLE		154	0	0
HCA Holdings Inc	COM	40412C101	118,678	292	SH		SOLE		292	0	0
Healthpeak Properties Inc	COM	42250P103	1,784	78	SH		SOLE		78	0	0
Hewlett Packard Enterprise	COM	42824C109	11,458	560	SH		SOLE		560	0	0
Home Depot Inc	COM	437076102	2,041,841	5,039	SH		SOLE		5,039	0	0
Honda Motor Co Ltd ADR	COM	438128308	7,932	250	SH		SOLE		250	0	0
Honeywell International	COM	438516106	5,603,245	27,107	SH		SOLE		27,107	0	0
HP Inc	COM	40434L105	496,040	13,829	SH		SOLE		13,829	0	0
HSBC Holdings Plc Spon ADR	COM	404280406	23,137	512	SH		SOLE		512	0	0
Huntington Bank 4.50 Pfd	PFD	446150823	435,372	21,300	SH		SOLE		21,300	0	0
Huntington Bank VRN Pfd	PFD	446150773	3,868	150	SH		SOLE		150	0	0
Iberdrola SA-Sponsored ADR	COM	450737101	26,663	430	SH		SOLE		430	0	0
IBM Corp	COM	459200101	555,269	2,512	SH		SOLE		2,512	0	0
Idex Corp	COM	45167R104	10,725	50	SH		SOLE		50	0	0
Idexx Labs Inc	COM	45168D104	15,157	30	SH		SOLE		30	0	0
Illinois Tool Works	COM	452308109	330,208	1,260	SH		SOLE		1,260	0	0
Illumina Inc	COM	452327109	5,868	45	SH		SOLE		45	0	0
Infosys Ltd-SP ADR	COM	456788108	20,667	928	SH		SOLE		928	0	0
Ingersol-Rand Inc	COM	45687V106	128,982	1,314	SH		SOLE		1,314	0	0
Ingevity Corp	COM	45688C107	273	7	SH		SOLE		7	0	0
Intel Corp	COM	458140100	699,474	29,816	SH		SOLE		29,816	0	0
Intercontinental Hotels ADR	COM	45857P806	32,816	297	SH		SOLE		297	0	0
International Paper Co	COM	460146103	23,790	487	SH		SOLE		487	0	0
Interpublic Group of COS	COM	460690100	31,061	982	SH		SOLE		982	0	0
Intl Flavors & Fragrances	COM	459506101	1,574	15	SH		SOLE		15	0	0
Invesco Emerging Markets Sovereign Debt	COM	46138E784	30,852	1,435	SH		SOLE		1,435	0	0
Invesco Ltd	COM	G491BT108	4,689	267	SH		SOLE		267	0	0
Invesco Senior Loan ETF	COM	46138G508	222,139	10,573	SH		SOLE		10,573	0	0
ISHARES 0-3M Treasury Bond	COM	46436E718	60,734	603	SH		SOLE		603	0	0
iShares 0-5yr TIPS Bond ETF	COM	46429B747	33,334	329	SH		SOLE		329	0	0
iShares 1-3 Year Treasury Bond ETF	COM	464287457	415,750	5,000	SH		SOLE		5,000	0	0
IShares 1-5 Year Investment Grade Corp	COM	464288646	31,420,326	596,664	SH		SOLE		596,664	0	0
IShares 5-10 Year Investment Grade Corp	COM	464288638	26,487,291	493,062	SH		SOLE		493,062	0	0
iShares 7-10 Year Treasury Bond ETF	COM	464287440	395,325	4,029	SH		SOLE		4,029	0	0
iShares Barclays Agg Bond	COM	464287226	3,038	30	SH		SOLE		30	0	0
IShares Broad USD HY Corp Bond ETF	COM	46435U853	180,005	4,781	SH		SOLE		4,781	0	0
iShares Core Russell U.S. Value ETF	COM	464287663	85,941	900	SH		SOLE		900	0	0
iShares DJ US Telecommunic	COM	464287713	3,840	152	SH		SOLE		152	0	0
iShares DJ US Util Sector	COM	464287697	8,162	80	SH		SOLE		80	0	0
iShares Floating Rate Bond ETF	COM	46429B655	21,692	425	SH		SOLE		425	0	0
iShares iBoxx Inv Grade Corp Bd ETF	COM	464287242	112,980	1,000	SH		SOLE		1,000	0	0
iShares iBoxx USD High Yield Corp Bd ETF	COM	464288513	199,626	2,486	SH		SOLE		2,486	0	0
iShares Intl Tsy ETF	COM	464288117	28,647	685	SH		SOLE		685	0	0
iShares JP Morgan EMB	COM	464288281	7,486	80	SH		SOLE		80	0	0
iShares MBS Bond ETF	COM	464288588	5,334,605	55,679	SH		SOLE		55,679	0	0
iShares Morningstar Mid Co	COM	464288208	13,988	184	SH		SOLE		184	0	0
iShares MSCI EAFE Index Fd	COM	464287465	2,098,862	25,097	SH		SOLE		25,097	0	0
iShares MSCI Emrg Mkt Indx	COM	464287234	3,334,205	72,704	SH		SOLE		72,704	0	0
iShares Natl Muni Bd ETF	COM	464288414	40,736	375	SH		SOLE		375	0	0
iShares Preferred & Income Sec ETF	COM	464288687	754,188	22,696	SH		SOLE		22,696	0	0
iShares S&P Global 100 Fd	COM	464287572	3,902,938	39,360	SH		SOLE		39,360	0	0
iShares S&P Midcap 400	COM	464287507	820,879	13,172	SH		SOLE		13,172	0	0
iShares S&P SmallCap 600	COM	464287804	2,789,496	23,850	SH		SOLE		23,850	0	0
iShares Short-term Ntl Muni Bond ETF	COM	464288158	34,937	329	SH		SOLE		329	0	0
J P Morgan Chase	COM	46625H100	8,228,493	39,023	SH		SOLE		39,023	0	0
Janus AAA CLO	COM	47103U845	864,960	17,000	SH		SOLE		17,000	0	0
JBG Smith Properties	COM	46590V100	350	20	SH		SOLE		20	0	0
JM Smucker Co	COM	832696405	1,453	12	SH		SOLE		12	0	0
Johnson & Johnson	COM	478160104	4,059,145	25,047	SH		SOLE		25,047	0	0
Johnson Controls International	COM	G51502105	28,328	365	SH		SOLE		365	0	0
JPM USD ULTSHT INC UCITS ETF	COM	G520A1437	150,279	1,291	SH		SOLE		1,291	0	0
JPMorgan Chase & Co 4.75 Pfd	PFD	48128B622	2,972	125	SH		SOLE		125	0	0
JPMorgan Chase & Co. 6 Pfd	PFD	48128B648	3,192	125	SH		SOLE		125	0	0
Juniper Networks Inc	COM	48203R104	3,508	90	SH		SOLE		90	0	0
Kenvue Inc.	COM	49177J102	488,537	21,121	SH		SOLE		21,121	0	0
Keysight Technologies Inc W/I	COM	49338L103	20,979	132	SH		SOLE		132	0	0
Kimberly Clark Corp	COM	494368103	84,514	594	SH		SOLE		594	0	0
Kimco Realty Corp 5.25 Pfd	PFD	49446R711	16,378	655	SH		SOLE		655	0	0
Kinder Morgan Inc	COM	49456B101	145,042	6,566	SH		SOLE		6,566	0	0
KLA-Tencor Corporation	COM	482480100	221,481	286	SH		SOLE		286	0	0
Komatsu Ltd Spons ADR	COM	500458401	21,100	761	SH		SOLE		761	0	0
Kyndryl Holdings	COM	50155Q100	2,689	117	SH		SOLE		117	0	0
L3Harris Technologies Inc.	COM	502431109	20,457	86	SH		SOLE		86	0	0
Lamb Weston Holding Inc.	COM	513272104	9,258	143	SH		SOLE		143	0	0
Lazard Inc.	COM	52110M109	15,970	317	SH		SOLE		317	0	0
Leggett & Platt Inc	COM	524660107	19,422	1,426	SH		SOLE		1,426	0	0
Liberty All Star Equity Fd	COM	530158104	3,550	500	SH		SOLE		500	0	0
Lilly (Eli) & Co	COM	532457108	10,406,424	11,746	SH		SOLE		11,746	0	0
Lincoln National Corp	COM	534187109	26,784	850	SH		SOLE		850	0	0
Linde PLC	COM	G54950103	3,112,178	6,526	SH		SOLE		6,526	0	0
Lockheed Martin Corp	COM	539830109	53,195	91	SH		SOLE		91	0	0
Lowe's Companies Inc	COM	548661107	568,785	2,100	SH		SOLE		2,100	0	0
LVMH Moet Hennessy-Unsp ADR	COM	502441306	55,478	361	SH		SOLE		361	0	0
Lyondellbasell Indu Cl A	COM	N53745100	13,810	144	SH		SOLE		144	0	0
Marathon Petroleum Corp	COM	56585A102	66,141	406	SH		SOLE		406	0	0
Marsh & McLennan Cos Inc	COM	571748102	1,501,427	6,730	SH		SOLE		6,730	0	0
Masterbrand Inc.	COM	57638P104	2,280	123	SH		SOLE		123	0	0
Mastercard Inc	COM	57636Q104	559,969	1,134	SH		SOLE		1,134	0	0
Mattel Inc	COM	577081102	11,125	584	SH		SOLE		584	0	0
McDonald's Corp	COM	580135101	125,458	412	SH		SOLE		412	0	0
McKesson Corp W/RTS	COM	58155Q103	307,549	622	SH		SOLE		622	0	0
Medtronic PLC	COM	G5960L103	328,429	3,648	SH		SOLE		3,648	0	0
Merck & Company	COM	58933Y105	3,334,081	29,360	SH		SOLE		29,360	0	0
Meta Platforms Inc.	COM	30303M102	812,292	1,419	SH		SOLE		1,419	0	0
Metlife Inc	COM	59156R108	8,248	100	SH		SOLE		100	0	0
Micron Technology Inc	COM	595112103	10,060	97	SH		SOLE		97	0	0
Microsoft Corp	COM	594918104	22,316,807	51,863	SH		SOLE		51,863	0	0
Mimedx Group Inc	COM	602496101	21,690	3,670	SH		SOLE		3,670	0	0
Mitsubishi Financial Group ADR	COM	606822104	28,270	2,777	SH		SOLE		2,777	0	0
Mitsui & Co Ltd ADR	COM	606827202	51,100	115	SH		SOLE		115	0	0
Molson Coors Brewing Co-B	COM	60871R209	100,660	1,750	SH		SOLE		1,750	0	0
Mondelez International Inc	COM	609207105	323,061	4,385	SH		SOLE		4,385	0	0
Morgan Stanley	COM	617446448	217,832	2,090	SH		SOLE		2,090	0	0
Motorola Solutions Inc	COM	620076307	51,258	114	SH		SOLE		114	0	0
MPLX LP	COM	55336V100	109,594	2,465	SH		SOLE		2,465	0	0
National Rural Util Corp 5.5 Pfd	PFD	637432105	238,762	9,612	SH		SOLE		9,612	0	0
Nestle Spon ADR	COM	641069406	23,467	233	SH		SOLE		233	0	0
NetApp Inc	COM	64110D104	1,853	15	SH		SOLE		15	0	0
Netflix Inc	COM	64110L106	170,225	240	SH		SOLE		240	0	0
Newell Rubbermaid Inc	COM	651229106	2,143	279	SH		SOLE		279	0	0
Nextera Energy Capital 5.65 Pfd	PFD	65339K860	222,089	8,948	SH		SOLE		8,948	0	0
Nextera Energy Inc	COM	65339F101	1,445,294	17,098	SH		SOLE		17,098	0	0
NGL Energy Partners LP	COM	62913M107	1,350	300	SH		SOLE		300	0	0
Nippon Teleg & Tel Sp ADR	COM	654624105	29,249	1,140	SH		SOLE		1,140	0	0
NiSource Inc	COM	65473P105	37,283	1,076	SH		SOLE		1,076	0	0
Norfolk Southern Corp	COM	655844108	25,844	104	SH		SOLE		104	0	0
Northern Trust Corp	COM	665859104	8,553	95	SH		SOLE		95	0	0
Novartis AG ADR	COM	66987V109	27,260	237	SH		SOLE		237	0	0
Nucor Corp	COM	670346105	82,988	552	SH		SOLE		552	0	0
Nutrien LTD	COM	67077M108	1,394	29	SH		SOLE		29	0	0
Nvent Electric PLC	COM	G6700G107	1,475	21	SH		SOLE		21	0	0
NVIDIA Corp	COM	67066G104	3,652,915	30,080	SH		SOLE		30,080	0	0
O'Reilly Automotive Inc	COM	67103H107	2,023,361	1,757	SH		SOLE		1,757	0	0
Oatly Group AB	COM	67421J108	2,563	3,000	SH		SOLE		3,000	0	0
Occidental Petroleum Corp	COM	674599105	1,392	27	SH		SOLE		27	0	0
Occidental Petroleum Corp Warrants	COM	674599162	89	3	SH		SOLE		3	0	0
Office Properties Income Trust	COM	67623C109	54	25	SH		SOLE		25	0	0
Old Republic Intl Corp	COM	680223104	7,084	200	SH		SOLE		200	0	0
Omnicom Group Inc	COM	681919106	25,020	242	SH		SOLE		242	0	0
Oneok Inc New	COM	682680103	151,185	1,659	SH		SOLE		1,659	0	0
Oracle Corp	COM	68389X105	122,518	719	SH		SOLE		719	0	0
Organon & Company	COM	68622V106	1,875	98	SH		SOLE		98	0	0
Orion Office Reit Inc.	COM	68629Y103	40	10	SH		SOLE		10	0	0
Orix Corp Spon ADR	COM	686330101	27,156	234	SH		SOLE		234	0	0
Otis Worldwide Corp	COM	68902V107	335,547	3,228	SH		SOLE		3,228	0	0
Parker Hannifin Corp	COM	701094104	3,551,275	5,621	SH		SOLE		5,621	0	0
Paychex Inc	COM	704326107	121,979	909	SH		SOLE		909	0	0
Paycom Software Inc	COM	70432V102	1,801,455	10,815	SH		SOLE		10,815	0	0
PayPal Holdings Inc	COM	70450Y103	1,641,361	21,035	SH		SOLE		21,035	0	0
Pentair PLC	COM	G7S00T104	5,476	56	SH		SOLE		56	0	0
PepsiCo Inc	COM	713448108	2,483,460	14,604	SH		SOLE		14,604	0	0
PetIQ Inc	COM	71639T106	13,846	450	SH		SOLE		450	0	0
Pfizer Inc	COM	717081103	623,514	21,545	SH		SOLE		21,545	0	0
Philip Morris Intl Inc	COM	718172109	39,091	322	SH		SOLE		322	0	0
Phillips 66	COM	718546104	1,460,278	11,109	SH		SOLE		11,109	0	0
PIMCO Corporate Opportunity	COM	72201B101	7,195	500	SH		SOLE		500	0	0
Pinterest Inc.	COM	72352L106	42,081	1,300	SH		SOLE		1,300	0	0
Plains All American Pipe	COM	726503105	24,718	1,423	SH		SOLE		1,423	0	0
Plains GP Holdings LP-CL A	COM	72651A207	12,950	700	SH		SOLE		700	0	0
Plug Power Inc	COM	72919P202	1,582	700	SH		SOLE		700	0	0
PPG Industries Inc	COM	693506107	127,824	965	SH		SOLE		965	0	0
Principal Financial Group	COM	74251V102	32,900	383	SH		SOLE		383	0	0
Procter & Gamble Co	COM	742718109	3,228,275	18,639	SH		SOLE		18,639	0	0
Progressive Corp	COM	743315103	84,756	334	SH		SOLE		334	0	0
Prudential Financial Inc	COM	744320102	1,938	16	SH		SOLE		16	0	0
Public Serv Enterprise Grp	COM	744573106	39,966	448	SH		SOLE		448	0	0
Public Storage	COM	74460D109	87,329	240	SH		SOLE		240	0	0
Qualcomm Inc	COM	747525103	3,027,215	17,802	SH		SOLE		17,802	0	0
Quest Diagnostics Inc	COM	74834L100	2,018	13	SH		SOLE		13	0	0
Realty Income Corp	COM	756109104	6,532	103	SH		SOLE		103	0	0
Reaves Utility Income	COM	756158101	3,281	100	SH		SOLE		100	0	0
Regeneron Pharmaceuticals	COM	75886F107	1,252,027	1,191	SH		SOLE		1,191	0	0
Reinsurance GRP of Amer VRN Pfd	PFD	759351802	59,694	2,366	SH		SOLE		2,366	0	0
Resideo Technologies Inc.	COM	76118Y104	5,559	276	SH		SOLE		276	0	0
Rio Tinto PLC-SPON ADR	COM	767204100	23,059	324	SH		SOLE		324	0	0
RMR Group Inc	COM	74967R106	178	7	SH		SOLE		7	0	0
Robert Half Inc.	COM	770323103	38,693	574	SH		SOLE		574	0	0
Rockwell Automation Inc	COM	773903109	5,369	20	SH		SOLE		20	0	0
Roper Industries	COM	776696106	603,286	1,084	SH		SOLE		1,084	0	0
RTX Corp	COM	75513E101	811,958	6,702	SH		SOLE		6,702	0	0
S & P Global Inc	COM	78409V104	120,372	233	SH		SOLE		233	0	0
Salesforce Inc.	COM	79466L302	1,911,864	6,985	SH		SOLE		6,985	0	0
Sandoz Group AG ADR	COM	799926100	1,672	40	SH		SOLE		40	0	0
Sanofi ADR	COM	80105N105	22,303	387	SH		SOLE		387	0	0
Schlumberger Ltd	COM	806857108	44,467	1,060	SH		SOLE		1,060	0	0
Schwab US Dividend Equity ETF	COM	808524797	2,275,040	26,914	SH		SOLE		26,914	0	0
Science Applications Int	COM	808625107	557	4	SH		SOLE		4	0	0
Scotts Miracle-Gro Co Cl-A	COM	810186106	12,138	140	SH		SOLE		140	0	0
Shell PLC - ADR	COM	780259305	567,500	8,605	SH		SOLE		8,605	0	0
Shopify Inc - Class A	COM	82509L107	2,144,867	26,764	SH		SOLE		26,764	0	0
Siemens AG-Spons ADR	COM	826197501	28,941	286	SH		SOLE		286	0	0
Simon Property Group LP	COM	828806109	25,860	153	SH		SOLE		153	0	0
Six Flags Entertainment Corp	COM	83001C108	4,031	100	SH		SOLE		100	0	0
Smurfit Westrock PLC	COM	G8267P108	1,137	23	SH		SOLE		23	0	0
Solventum Corp	COM	83444M101	20,219	290	SH		SOLE		290	0	0
Sony Corp Spons ADR	COM	835699307	966	10	SH		SOLE		10	0	0
Southern Co 4.20 Pfd	PFD	842587883	223,664	10,100	SH		SOLE		10,100	0	0
Southern Company	COM	842587107	93,426	1,036	SH		SOLE		1,036	0	0
Southern Copper Corp	COM	84265V105	47,887	414	SH		SOLE		414	0	0
SPDR Barclays ST HY Bond	COM	78468R408	313,017	12,156	SH		SOLE		12,156	0	0
SPDR BBG Barclays High Yld Bond	COM	78468R622	4,009	41	SH		SOLE		41	0	0
SPDR Bloomberg Barclays Inv Grade FR ETF	COM	78468R200	740	24	SH		SOLE		24	0	0
SPDR Dow Jones Indu Avg Tr	COM	78467X109	225,523	533	SH		SOLE		533	0	0
SPDR Interm TSY ETF	COM	78464A672	828,239	28,501	SH		SOLE		28,501	0	0
SPDR Port Long Term Treasury ETF	COM	78464A664	245,438	8,443	SH		SOLE		8,443	0	0
SPDR S & P 500 ETF Trust	COM	78462F103	22,334,911	38,927	SH		SOLE		38,927	0	0
SPDR S & P Midcap 400 ETF	COM	78467Y107	7,792,983	13,680	SH		SOLE		13,680	0	0
Stanley Black & Decker Inc	COM	854502101	1,322	12	SH		SOLE		12	0	0
Sunoco LP	COM	86765K109	7,837	146	SH		SOLE		146	0	0
Synchrony Financial	COM	87165B103	527,132	10,568	SH		SOLE		10,568	0	0
Sysco Corp	COM	871829107	119,042	1,525	SH		SOLE		1,525	0	0
Taiwan Semiconductor ADR	COM	874039100	61,479	354	SH		SOLE		354	0	0
Target Corp	COM	87612E106	1,313,680	8,429	SH		SOLE		8,429	0	0
TE Connectivity PLC	COM	G87052109	52,846	350	SH		SOLE		350	0	0
TESLA Inc	COM	88160R101	12,558	48	SH		SOLE		48	0	0
Texas Instruments Inc	COM	882508104	809,341	3,918	SH		SOLE		3,918	0	0
Thermo Fisher Corp	COM	883556102	2,636,382	4,262	SH		SOLE		4,262	0	0
Toronto-Dominion Bank	COM	891160509	20,496	324	SH		SOLE		324	0	0
Total SA-Spon ADR	COM	89151E109	21,260	329	SH		SOLE		329	0	0
Toyota Motor Corp ADR	COM	892331307	30,357	170	SH		SOLE		170	0	0
Trane Technologies PLC	COM	G8994E103	1,530,819	3,938	SH		SOLE		3,938	0	0
Travelers Companies Inc	COM	89417E109	828,317	3,538	SH		SOLE		3,538	0	0
Tripadvisor Inc	COM	896945201	348	24	SH		SOLE		24	0	0
Truist Financial Corp	COM	89832Q109	123,487	2,887	SH		SOLE		2,887	0	0
Truist Financial Corp 4.75 Pfd	PFD	89832Q695	2,717	125	SH		SOLE		125	0	0
Unilever PLC-Sponsored ADR	COM	904767704	46,641	718	SH		SOLE		718	0	0
Union Pacific Corp	COM	907818108	58,416	237	SH		SOLE		237	0	0
United Parcel Services B	COM	911312106	710,331	5,210	SH		SOLE		5,210	0	0
UnitedHealth Care Group	COM	91324P102	185,928	318	SH		SOLE		318	0	0
Unum Group 6.25 Pfd	PFD	91529Y601	3,145	125	SH		SOLE		125	0	0
Urban Edge Properties	COM	91704F104	428	20	SH		SOLE		20	0	0
US Bancorp	COM	902973304	547,525	11,973	SH		SOLE		11,973	0	0
US Bank 4.00 Pfd	PFD	902973718	1,660,575	84,165	SH		SOLE		84,165	0	0
USA Compression Partners LP	COM	90290N109	4,584	200	SH		SOLE		200	0	0
Valero Energy Corp	COM	91913Y100	47,531	352	SH		SOLE		352	0	0
Vaneck Intl High Yield ETF	COM	92189F445	20,873	965	SH		SOLE		965	0	0
Vanguard Cons Discretionary	COM	92204A108	27,238	80	SH		SOLE		80	0	0
Vanguard Consumer Staples	COM	92204A207	12,672	58	SH		SOLE		58	0	0
Vanguard Energy ETF	COM	92204A306	3,919	32	SH		SOLE		32	0	0
Vanguard Financials ETF	COM	92204A405	9,672	88	SH		SOLE		88	0	0
Vanguard FTSE All-World Fd	COM	922042775	38,241	607	SH		SOLE		607	0	0
Vanguard Growth ETF	COM	922908736	802,030	2,089	SH		SOLE		2,089	0	0
Vanguard Health Care ETF	COM	92204A504	20,883	74	SH		SOLE		74	0	0
Vanguard Industrials ETF	COM	92204A603	14,564	56	SH		SOLE		56	0	0
Vanguard Info Tech ETF	COM	92204A702	42,229	72	SH		SOLE		72	0	0
Vanguard Long-Term Corp Bond ETF	COM	92206C813	14,745,601	181,529	SH		SOLE		181,529	0	0
Vanguard Materials ETF	COM	92204A801	9,093	43	SH		SOLE		43	0	0
Vanguard MBS ETF	COM	92206C771	331,886	7,030	SH		SOLE		7,030	0	0
Vanguard MSCI Emerging Mkt	COM	922042858	33,495	700	SH		SOLE		700	0	0
Vanguard REIT Index ETF	COM	922908553	61,764	634	SH		SOLE		634	0	0
Vanguard S&P 500 ETF	COM	922908363	4,272,544	8,097	SH		SOLE		8,097	0	0
Vanguard Short-Term Treasury	COM	92206C102	89,533	1,517	SH		SOLE		1,517	0	0
Vanguard World Fds Utiliti	COM	92204A876	110,522	635	SH		SOLE		635	0	0
Veralto Corp	COM	92338C103	8,390	75	SH		SOLE		75	0	0
Verizon Communications Inc	COM	92343V104	361,102	8,041	SH		SOLE		8,041	0	0
Viatris Inc.	COM	92556V106	88,352	7,610	SH		SOLE		7,610	0	0
Victoria's Secret	COM	926400102	4,832	188	SH		SOLE		188	0	0
Visa Inc Cl-A Shares	COM	92826C839	3,755,152	13,658	SH		SOLE		13,658	0	0
Vodafone Group PLC	COM	92857W308	4,760	475	SH		SOLE		475	0	0
Vontier Corp	COM	928881101	877	26	SH		SOLE		26	0	0
Vornado Realty Trust	COM	929042109	1,576	40	SH		SOLE		40	0	0
W.W. Grainger Inc	COM	384802104	58,173	56	SH		SOLE		56	0	0
Wabtec Corp	COM	929740108	1,999	11	SH		SOLE		11	0	0
Wal Mart Inc.	COM	931142103	413,521	5,121	SH		SOLE		5,121	0	0
Warner Bros Discovery Inc.	COM	934423104	4,925	597	SH		SOLE		597	0	0
Waste Management Inc	COM	94106L109	102,347	493	SH		SOLE		493	0	0
Waters Corp	COM	941848103	57,582	160	SH		SOLE		160	0	0
WEC Energy Group Inc	COM	92939U106	21,929	228	SH		SOLE		228	0	0
Wells Fargo & Co	COM	949746101	242,399	4,291	SH		SOLE		4,291	0	0
Wells Fargo & Co 5.625 Pfd	PFD	94988U656	2,498	100	SH		SOLE		100	0	0
Welltower Inc	COM	95040Q104	29,191	228	SH		SOLE		228	0	0
Western Union Co	COM	959802109	16,189	1,357	SH		SOLE		1,357	0	0
WEX INC	COM	96208T104	6,921	33	SH		SOLE		33	0	0
Woodside Energy Group LTD	COM	980228308	1,914	111	SH		SOLE		111	0	0
WPP PLC-Spon ADR	COM	92937A102	9,465	185	SH		SOLE		185	0	0
Yum Brands Inc	COM	988498101	85,223	610	SH		SOLE		610	0	0
Zebra Technologies Corp Cl	COM	989207105	1,531,644	4,136	SH		SOLE		4,136	0	0
Zimmer Holdings Inc	COM	98956P102	72,866	675	SH		SOLE		675	0	0
Zions Bancorp 6.30 Pfd	PFD	989701859	13,342	500	SH		SOLE		500	0	0
Zoetis Inc	COM	98978V103	11,723	60	SH		SOLE		60	0	0

Boyd Watterson Asset Management 13F-HRQuarterly holdings report by institutional manager