Bickling Services 13F annual report
Bickling Services is an investment fund managing more than $160 billion ran by Spencer Betts. There are currently 119 companies in Mr. Betts’s portfolio. The largest investments include Invesco Sp 500 Equal Weight Etf and First Trust Value Line Dividend Index Fund, together worth $41.8 billion.
$160 billion Assets Under Management (AUM)
As of 24th January 2023, Bickling Services’s top holding is 244,535 shares of Invesco Sp 500 Equal Weight Etf currently worth over $34.5 billion and making up 21.6% of the portfolio value.
In addition, the fund holds 181,963 shares of First Trust Value Line Dividend Index Fund worth $7.26 billion.
The third-largest holding is Pacer Us Cash Cows 100 Etf worth $6.24 billion and the next is Berkshire Hathaway worth $5.88 billion, with 19,020 shares owned.
Currently, Bickling Services's portfolio is worth at least $160 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Bickling Services
The Bickling Services office and employees reside in Lexington, Massachusetts. According to the last 13-F report filed with the SEC, Spencer Betts serves as the CCO at Bickling Services.
Recent trades
In the most recent 13F filing, Bickling Services revealed that it had opened a new position in
Wisdomtree Us Quality Dividend Growth Fund and bought 12,129 shares worth $732 million.
The investment fund also strengthened its position in Invesco Sp 500 Equal Weight Etf by buying
5,374 additional shares.
This makes their stake in Invesco Sp 500 Equal Weight Etf total 244,535 shares worth $34.5 billion.
On the other hand, there are companies that Bickling Services is getting rid of from its portfolio.
Bickling Services closed its position in Vanguard Real Estate Etf on 31st January 2023.
It sold the previously owned 11,511 shares for $923 thousand.
Spencer Betts also disclosed a decreased stake in First Trust Value Line Dividend Index Fund by approximately 0.1%.
This leaves the value of the investment at $7.26 billion and 181,963 shares.
One of the largest hedge funds
The two most similar investment funds to Bickling Services are Hubbell Strickland Wealth Management and Cowa. They manage $161 billion and $161 billion respectively.
Spencer Betts investment strategy
Bickling Services’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Miscellaneous — making up 12.8% of
the total portfolio value.
The fund focuses on investments in the United States as
35.3% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
34% of the total holdings value.
On the other hand, small-cap stocks make up only 9.2% of the portfolio.
The average market cap of the portfolio companies is close to $261 billion.
The complete list of Bickling Services trades based on 13F SEC filings
These positions were updated on January 31st based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Invesco Sp 500 Equal Weight Etf |
2.25%
244,535
|
$34,540,597,000 | 21.56% |
| First Trust Value Line Dividend Index Fund |
1.21%
181,963
|
$7,262,144,000 | 4.53% |
| Pacer Us Cash Cows 100 Etf |
246.23%
134,847
|
$6,236,696,000 | 3.89% |
| Berkshire Hathaway Inc. |
0.64%
19,020
|
$5,875,278,000 | 3.67% |
| First Trust Dorsey Wright Focus 5 ETF |
4.83%
106,552
|
$4,960,010,000 | 3.10% |
| Wisdomtree U.s. Midcap Dividend Fund |
6.05%
99,589
|
$4,097,085,000 | 2.56% |
| Apple Inc |
0.05%
29,994
|
$3,897,107,000 | 2.43% |
| First Trust Rising Dividend Achievers ETF |
7.04%
86,462
|
$3,797,396,000 | 2.37% |
| Ishares Msci Usa Min Vol Factor Etf |
166.51%
52,047
|
$3,752,616,000 | 2.34% |
| First Trust International Equity Opportunities ETF |
30.38%
88,161
|
$3,425,933,000 | 2.14% |
| First Trust Capital Strength ETF |
7.52%
45,191
|
$3,387,082,000 | 2.11% |
| Ark Innovation Etf |
17.09%
108,268
|
$3,382,282,000 | 2.11% |
| Union Pacific Corp. |
0.58%
15,491
|
$3,207,741,000 | 2.00% |
| First Trust Us Equity Opportunities Etf |
4.31%
37,776
|
$2,972,193,000 | 1.86% |
| Spdr Sp 500 Etf Trust |
2.52%
7,243
|
$2,770,010,000 | 1.73% |
| Ishares Msci Usa Quality Factor Etf |
0.23%
20,857
|
$2,376,832,000 | 1.48% |
| First Trust Morningstar Dividend Leaders Index Fund |
3.00%
64,601
|
$2,361,824,000 | 1.47% |
| Blackrock Science Technology Trust Ii |
23.17%
138,890
|
$2,172,238,000 | 1.36% |
| Pacer Lunt Large Cap Alternator Etf |
10.27%
49,758
|
$2,013,221,000 | 1.26% |
| Exxon Mobil Corp. |
0.07%
17,530
|
$1,933,520,000 | 1.21% |
| Emqq The Emerging Markets Internet Ecommerce Etf |
7.01%
63,430
|
$1,885,782,000 | 1.18% |
| Microsoft Corporation |
0.86%
7,374
|
$1,768,396,000 | 1.10% |
| Invesco QQQ Trust |
1.98%
6,423
|
$1,710,366,000 | 1.07% |
| NextEra Energy Inc |
0.49%
20,043
|
$1,675,565,000 | 1.05% |
| Amazon.com Inc. |
6.96%
17,900
|
$1,503,629,000 | 0.94% |
| Liberty All Star Equity Fd Sh Ben Int |
0.54%
263,503
|
$1,501,965,000 | 0.94% |
| NVIDIA Corp |
0.40%
10,006
|
$1,462,309,000 | 0.91% |
| Blackrock Science Technology Trust |
19.49%
50,405
|
$1,429,978,000 | 0.89% |
| Spdr Portfolio Sp 1500 Composite Stock Market Etf |
0.24%
29,343
|
$1,387,631,000 | 0.87% |
| First Trust Global Tactical Commodity Strategy Fund |
5.43%
51,953
|
$1,272,330,000 | 0.79% |
| Vanguard Small Cap Value Etf |
0.14%
7,906
|
$1,255,424,000 | 0.78% |
| Procter Gamble Co |
0.08%
6,452
|
$977,833,000 | 0.61% |
| Ishares Core Sp Small Cap Etf |
2.95%
10,288
|
$973,702,000 | 0.61% |
| Pacer Us Small Cap Cash Cows 100 Etf |
7.68%
26,498
|
$952,593,000 | 0.59% |
| Ark Genomic Revolution Etf |
11.87%
33,087
|
$934,038,000 | 0.58% |
| Ishares Russell 2000 Growth Etf |
0.14%
4,237
|
$908,850,000 | 0.57% |
| Centene Corp. |
No change
10,884
|
$892,597,000 | 0.56% |
| Johnson Johnson |
3.04%
4,820
|
$851,481,000 | 0.53% |
| Bank Of America Corp. |
0.16%
25,648
|
$849,470,000 | 0.53% |
| Alphabet Inc |
3.54%
9,358
|
$830,338,000 | 0.52% |
| Consolidated Edison, Inc. |
0.11%
8,709
|
$830,010,000 | 0.52% |
| CVS Health Corp |
0.56%
8,836
|
$823,418,000 | 0.51% |
| Blackrock Corpor Hi Yld Fd Inc Com |
18.27%
91,615
|
$800,715,000 | 0.50% |
| Proshares Sp 500 Dividend Aristocrats Etf |
0.13%
8,611
|
$774,903,000 | 0.48% |
| Altria Group Inc. |
0.12%
16,620
|
$759,716,000 | 0.47% |
| Wisdomtree Us Quality Dividend Growth Fund |
Opened
12,129
|
$732,106,000 | 0.46% |
| Alps Sector Dividend Dogs Etf |
0.95%
14,116
|
$726,148,000 | 0.45% |
| Healthcare Rlty Tr Cl A Com |
0.13%
37,597
|
$724,487,000 | 0.45% |
| LPL Financial Holdings Inc |
0.06%
3,253
|
$703,301,000 | 0.44% |
| Invesco BuyBack Achievers ETF |
7.00%
7,576
|
$648,163,000 | 0.40% |
| Pepsico Inc |
0.03%
3,484
|
$629,402,000 | 0.39% |
| Chevron Corp. |
0.70%
3,160
|
$567,142,000 | 0.35% |
| M T Bk Corp Com |
0.40%
3,765
|
$546,217,000 | 0.34% |
| Boeing Co. |
No change
2,843
|
$541,563,000 | 0.34% |
| Ishares Msci Usa Momentum Factor Etf |
21.73%
3,695
|
$539,220,000 | 0.34% |
| Wisdomtree U.s. Smallcap Dividend Fund |
0.38%
18,276
|
$519,764,000 | 0.32% |
| Visa Inc |
0.12%
2,500
|
$519,496,000 | 0.32% |
| Davis Select Financial Etf |
0.01%
18,722
|
$506,741,000 | 0.32% |
| Spdr Sp Midcap 400 Etf Trust |
0.27%
1,120
|
$495,930,000 | 0.31% |
| Spdr Ssga Us Small Cap Low Volatility Index Etf |
0.84%
4,557
|
$490,554,000 | 0.31% |
| Netflix Inc. |
0.30%
1,661
|
$489,796,000 | 0.31% |
| Doubleline Income Solutions Fd Com |
23.85%
44,140
|
$489,518,000 | 0.31% |
| Alphabet Inc |
2.76%
5,432
|
$479,265,000 | 0.30% |
| American Tower Corp. |
0.81%
2,243
|
$475,123,000 | 0.30% |
| Raytheon Technologies Corporation |
0.26%
4,622
|
$466,480,000 | 0.29% |
| Eversource Energy Com |
Opened
5,460
|
$457,766,000 | 0.29% |
| Thermo Fisher Scientific Inc. |
0.12%
804
|
$442,542,000 | 0.28% |
| Wisdomtree U.s. Largecap Dividend Fund |
0.59%
6,698
|
$414,972,000 | 0.26% |
| Tesla Inc |
6.78%
3,245
|
$399,719,000 | 0.25% |
| Verizon Communications Inc |
13.44%
10,004
|
$394,158,000 | 0.25% |
| Unitedhealth Group Inc |
0.27%
733
|
$388,642,000 | 0.24% |
| Spdr Portfolio Sp 500 Etf |
0.64%
8,491
|
$381,924,000 | 0.24% |
| Walt Disney Co (The) |
10.37%
4,394
|
$381,751,000 | 0.24% |
| Luminar Technologies Inc Ordinary Shares - Class A |
No change
75,000
|
$371,250,000 | 0.23% |
| Spdr Gold Shares |
No change
2,117
|
$359,128,000 | 0.22% |
| Invesco NASDAQ 100 ETF |
8.94%
3,250
|
$355,922,000 | 0.22% |
| Home Depot, Inc. |
2.85%
1,126
|
$355,733,000 | 0.22% |
| Eastern Bankshares Inc Ordinary Shares |
No change
20,000
|
$345,000,000 | 0.22% |
| Oracle Corp. |
0.43%
4,212
|
$344,315,000 | 0.21% |
| Att Inc |
0.89%
18,169
|
$334,492,000 | 0.21% |
| Meta Platforms Inc |
4.87%
2,715
|
$326,780,000 | 0.20% |
| Ishares Core Sp 500 Etf |
4.56%
848
|
$325,992,000 | 0.20% |
| Jpmorgan Chase Co |
0.46%
2,379
|
$318,990,000 | 0.20% |
| Fs Kkr Cap Corp Com |
14.69%
18,101
|
$316,762,000 | 0.20% |
| Pfizer Inc. |
0.54%
6,013
|
$308,128,000 | 0.19% |
| Ishares Floating Rate Bond Etf |
20.83%
6,045
|
$304,230,000 | 0.19% |
| Brookline Bancorp, Inc. |
0.95%
21,166
|
$299,501,000 | 0.19% |
| First Trust Rba American Industrial Renaissance Etf |
0.10%
6,774
|
$298,888,000 | 0.19% |
| Flexshares Stoxx Global Broad Infrastructure Index Fund |
24.63%
5,876
|
$296,222,000 | 0.18% |
| Heico Corp. |
0.05%
1,905
|
$292,661,000 | 0.18% |
| Main Str Cap Corp Com |
5.01%
7,796
|
$288,072,000 | 0.18% |
| Comcast Corp Class A |
0.62%
8,094
|
$283,037,000 | 0.18% |
| Travelers Companies Inc. |
3.24%
1,493
|
$279,960,000 | 0.17% |
| Federated Hermes Inc |
0.76%
7,523
|
$273,163,000 | 0.17% |
| Waste Management, Inc. |
0.35%
1,719
|
$269,634,000 | 0.17% |
| Merck Co Inc |
43.91%
2,373
|
$263,304,000 | 0.16% |
| Duke Energy Corp. |
0.36%
2,533
|
$260,918,000 | 0.16% |
| Chubb Ltd |
0.51%
1,178
|
$259,791,000 | 0.16% |
| First Trust Senior Loan Fund |
1.63%
5,787
|
$258,053,000 | 0.16% |
| Abbvie Inc |
0.32%
1,571
|
$253,907,000 | 0.16% |
| Vaneck Ig Floating Rate Etf |
0.98%
10,175
|
$253,145,000 | 0.16% |
| First Trust Water Etf |
23.35%
3,099
|
$245,898,000 | 0.15% |
| Eli Lilly And Co |
0.91%
667
|
$244,144,000 | 0.15% |
| First Trust North American Energy Infrastructure Fund |
Opened
9,146
|
$244,105,000 | 0.15% |
| First Trust NASDAQ Clean Edge Green Energy Index Fund |
19.12%
5,151
|
$243,081,000 | 0.15% |
| Automatic Data Processing Inc. |
0.50%
1,011
|
$241,381,000 | 0.15% |
| Church Dwight Co Inc |
0.30%
2,990
|
$241,063,000 | 0.15% |
| Ark Fintech Innovation Etf |
9.72%
16,404
|
$234,080,000 | 0.15% |
| Ark Autonomous Technology Robotics Etf |
0.78%
5,364
|
$219,998,000 | 0.14% |
| Mastercard Inc Class A |
Opened
628
|
$218,406,000 | 0.14% |
| First Trust Large Cap Growth AlphaDEX Fund |
0.38%
2,364
|
$216,143,000 | 0.13% |
| Starbucks Corp. |
Opened
2,173
|
$215,598,000 | 0.13% |
| Fmqq The Next Frontier Internet Ecommerce Etf |
31.82%
21,198
|
$206,678,000 | 0.13% |
| United Parcel Service, Inc. |
Opened
1,175
|
$204,266,000 | 0.13% |
| Ameriprise Financial Inc |
Opened
649
|
$201,938,000 | 0.13% |
| Nuveen Taxable Municpal Inm Fd Com |
0.15%
11,728
|
$187,177,000 | 0.12% |
| First Trust Institutional Preferred Securities Income Etf |
Opened
10,272
|
$182,947,000 | 0.11% |
| Nuveen Massachusets Qlt Mun Fd Com |
1.70%
14,164
|
$149,713,000 | 0.09% |
| Ginkgo Bioworks Holdings Inc |
1.49%
12,082
|
$20,419,000 | 0.01% |
| Vanguard Real Estate Etf |
Closed
11,511
|
$923,000 | |
| Jpmorgan Ultra-short Income Etf |
Closed
10,771
|
$541,000 | |
| Kite Realty Group Trust |
Closed
11,439
|
$197,000 | |
| Gabelli Equity Tr Inc Com |
Closed
11,514
|
$64,000 | |
| Blackrock Corpor Hi Yld Fd Inc Rt |
Closed
111,797
|
$1,000 | |
| No transactions found | |||
| Showing first 500 out of 124 holdings | |||
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