UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8
Report for the Calendar Year or Quarter Ended:
03-31-2025
Check here if Amendment: ☐ Amendment Number:
This Amendment (Check only one.):☐ is a restatement.
☐ adds new holdings entries.

Institutional Investment Manager Filing this Report:

Name:
Castellan Group
Address:
2011 LAKE POINT WAY
SUITE 001
LOUISVILLE, KY 40223
Form 13F File Number:
028-21017

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.


Person Signing this Report on Behalf of Reporting Manager:
Name:
Barry Brauch
Title:
Managing Director
Phone:
(859) 494-2579


Signature, Place, and Date of Signing:

BARRY BRAUCH
                         [Signature]
LOUISVILLE, KENTUCKY
                 [City, State]
05-08-2025
                           [Date]
                          

Report Type (Check only one.):

☒ 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) 

☐ 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) 

☐ 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)


Form 13F Summary Page

Report Summary:

Number of Other Included Managers:
0
Form 13F Information table Entry Total:
65
Form 13F Information table Value Total:
357607020
          (thousands)

List of Other Included Managers:

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column headings and list entries.]

  
NONE


UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8
COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
ABBOTT LABSCOM002824100726,1265,474SHSOLE 0 0 5,474
ABRDN PRECIOUS METALS BASKETPHYSCL PRECS MET0032631006,180,50947,737SHSOLE 0 0 47,737
ACCENTURE PLC IRELANDSHS CLASS AG1151C1014,410,68514,135SHSOLE 0 0 14,135
ALPHABET INCCAP STK CL A02079K305711,3444,600SHSOLE 0 0 4,600
AMERIPRISE FINL INCCOM03076C1065,310,68710,970SHSOLE 0 0 10,970
ANALOG DEVICES INCCOM0326541054,867,30524,135SHSOLE 0 0 24,135
APPLE INCCOM037833100364,7371,642SHSOLE 0 0 1,642
APPLOVIN CORPCOM CL A03831W10810,078,66438,037SHSOLE 0 0 38,037
ATMOS ENERGY CORPCOM0495601053,308,93921,406SHSOLE 0 0 21,406
AUTOMATIC DATA PROCESSING INCOM053015103709,4412,322SHSOLE 0 0 2,322
BHP GROUP LTDSPONSORED ADS0886061081,292,86326,635SHSOLE 0 0 26,635
BLUE BIRD CORPCOM09530610610,643,321328,802SHSOLE 0 0 328,802
BOOKING HOLDINGS INCCOM09857L10811,876,6142,578SHSOLE 0 0 2,578
BROADCOM INCCOM11135F1014,188,76425,018SHSOLE 0 0 25,018
BROADRIDGE FINL SOLUTIONS INCOM11133T1035,860,25824,170SHSOLE 0 0 24,170
CARETRUST REIT INCCOM14174T1073,142,485109,954SHSOLE 0 0 109,954
CATERPILLAR INCCOM149123101676,7502,052SHSOLE 0 0 2,052
CHENIERE ENERGY INCCOM NEW16411R20812,333,15753,298SHSOLE 0 0 53,298
CHEVRON CORP NEWCOM1667641003,084,82818,440SHSOLE 0 0 18,440
CLEAR SECURE INCCOM CL A18467V10912,341,788476,333SHSOLE 0 0 476,333
CLEARWAY ENERGY INCCL C18539C2043,583,998118,401SHSOLE 0 0 118,401
DELEK LOGISTICS PARTNERS LPCOM UNT RP INT24664T1033,040,57270,286SHSOLE 0 0 70,286
EASTGROUP PPTYS INCCOM2772761013,123,14017,730SHSOLE 0 0 17,730
EATON CORP PLCSHSG291831034,478,12716,474SHSOLE 0 0 16,474
ELEVANCE HEALTH INCCOM0367521034,942,01611,362SHSOLE 0 0 11,362
EVERSOURCE ENERGYCOM30040W1083,250,21652,330SHSOLE 0 0 52,330
EXTRA SPACE STORAGE INCCOM30225T1022,907,88019,583SHSOLE 0 0 19,583
EXXON MOBIL CORPCOM30231G1023,060,06925,730SHSOLE 0 0 25,730
FORTINET INCCOM34959E10913,357,808138,768SHSOLE 0 0 138,768
GAP INCCOM3647601089,232,270447,951SHSOLE 0 0 447,951
GETTY RLTY CORP NEWCOM3742971093,066,27298,341SHSOLE 0 0 98,341
GRAINGER W W INCCOM3848021044,823,5744,883SHSOLE 0 0 4,883
HALOZYME THERAPEUTICS INCCOM40637H10916,238,177254,477SHSOLE 0 0 254,477
HESS MIDSTREAM LPCL A SHS4281031053,079,26272,813SHSOLE 0 0 72,813
HONEYWELL INTL INCCOM4385161065,270,24624,889SHSOLE 0 0 24,889
HUBBELL INCCOM443510607669,1002,022SHSOLE 0 0 2,022
ILLINOIS TOOL WKS INCCOM452308109687,2362,771SHSOLE 0 0 2,771
INNOVATOR ETFS TRUSTUS EQTY PWR BUF45782C540664,05417,661SHSOLE 0 0 17,661
INNOVATOR ETFS TRUSTUS EQTY BUFR MAR45782C391397,4448,728SHSOLE 0 0 8,728
INNOVATOR ETFS TRUSTUS EQT BUFR APR45782C888304,0857,160SHSOLE 0 0 7,160
INTERDIGITAL INCCOM45867G10112,572,05460,808SHSOLE 0 0 60,808
LIGHT & WONDER INCCOM80874P10910,183,950117,584SHSOLE 0 0 117,584
MCKESSON CORPCOM58155Q10312,408,59018,438SHSOLE 0 0 18,438
MICROSOFT CORPCOM59491810414,477,66638,567SHSOLE 0 0 38,567
MODINE MFG COCOM6078281007,000,67591,214SHSOLE 0 0 91,214
MPLX LPCOM UNIT REP LTD55336V1003,085,58957,653SHSOLE 0 0 57,653
NEXTERA ENERGY INCCOM65339F1013,090,52043,596SHSOLE 0 0 43,596
NORWEGIAN CRUISE LINE HLDG LSHSG667211049,714,820512,385SHSOLE 0 0 512,385
NVIDIA CORPORATIONCOM67066G1049,564,53588,250SHSOLE 0 0 88,250
ORACLE CORPCOM68389X1054,558,36532,604SHSOLE 0 0 32,604
PARKER-HANNIFIN CORPCOM7010941044,885,2908,037SHSOLE 0 0 8,037
PORTLAND GEN ELEC COCOM NEW7365088473,252,81272,933SHSOLE 0 0 72,933
PROCTER AND GAMBLE COCOM7427181095,535,58232,482SHSOLE 0 0 32,482
PROGRESSIVE CORPCOM743315103566,0202,000SHSOLE 0 0 2,000
RIO TINTO PLCSPONSORED ADR7672041001,304,51721,713SHSOLE 0 0 21,713
RPM INTL INCCOM749685103695,8156,015SHSOLE 0 0 6,015
SELECT SECTOR SPDR TRENERGY81369Y5065,859,78262,705SHSOLE 0 0 62,705
SEMPRACOM8168511092,659,23037,265SHSOLE 0 0 37,265
SNAP ON INCCOM8330341015,519,55016,378SHSOLE 0 0 16,378
SYNCHRONY FINANCIALCOM87165B10310,054,841189,929SHSOLE 0 0 189,929
TAPESTRY INCCOM87603010710,236,276145,381SHSOLE 0 0 145,381
TENET HEALTHCARE CORPCOM NEW88033G40710,520,99478,223SHSOLE 0 0 78,223
TRACTOR SUPPLY COCOM89235610612,522,081227,261SHSOLE 0 0 227,261
TRAVELERS COMPANIES INCCOM89417E1095,725,82321,651SHSOLE 0 0 21,651
WEC ENERGY GROUP INCCOM92939U1063,326,83230,527SHSOLE 0 0 30,527