SEC 13F Intelligence

Managers / Q3 2020 · view latest →

THOROUGHBRED FINANCIAL SERVICES, LLC

CIK 0001091370 · 5110 MARYLAND WAY, SUITE 300, BRENTWOOD, TN, 37027 · 615-371-0001

Reported Value
$266M
Q3 2020
Positions
226
Filings on Record
31
2019–present window
Filed
Oct 28, 2020
original filing

Summary

Thoroughbred Financial Services, LLC reported $266M in U.S.-listed holdings across 226 positions for Q3 2020.

Its largest position, ITOT, represents 11.8% of the portfolio.

Compared with Q2 2020, the fund opened 24 new positions and exited 12.

Portfolio Metrics

Turnover
+4.8%
vs prior filed quarter
Top-10 Concentration
+44.6%
share of reported value
Largest Position
+11.8%
Ishares Tr
New / Exited
24 / 12
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $204MQ4 ’18Q1 ’19: $242MQ2 ’19: $263MQ3 ’19: $264MQ4 ’19: $300MQ4 ’19Q1 ’20: $281MQ2 ’20: $240MQ3 ’20: $266MQ4 ’20: $323MQ4 ’20Q1 ’21: $360MQ2 ’21: $399MQ3 ’21: $411MQ4 ’21: $477MQ4 ’21Q1 ’22: $612MQ2 ’22: $543MQ3 ’22: $525MQ4 ’22: $612MQ4 ’22Q1 ’23: $677MQ2 ’23: $763MQ3 ’23: $1.0BQ4 ’23: $1.2BQ4 ’23Q1 ’24: $1.0BQ2 ’24: $1.5BQ3 ’24: $1.6BQ4 ’24: $1.6BQ4 ’24Q1 ’25: $1.6BQ2 ’25: $1.4BQ3 ’25: $1.6BQ4 ’25: $1.7BQ4 ’25Q1 ’26: $1.7Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 58.2%ETP: 37.8%ADR: 3.2%Other: 0.6%MLP: 0.1%Closed-End Fund: 0.1%
  • Common Stock · 58.2% · $155M
  • ETP · 37.8% · $100M
  • ADR · 3.2% · $9M
  • Other · 0.6% · $1M
  • MLP · 0.1% · $379,000
  • Closed-End Fund · 0.1% · $251,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ALTERYX INCNEW+8.6K8.6K+$976,000$976,000
ORCLORACLE CORPNEW+12.4K12.4K+$739,000$739,000
TDOCTELADOC HEALTH INCNEW+2.9K2.9K+$625,000$625,000
ISHARES TRNEW+3.7K3.7K+$496,000$496,000
DRIDARDEN RESTAURANTS INCNEW+4.4K4.4K+$442,000$442,000
MARMARRIOTT INTL INC NEWNEW+3.8K3.8K+$355,000$355,000
PENPENUMBRA INCNEW+1.8K1.8K+$346,000$346,000
CCLCARNIVAL CORPNEW+21.3K21.3K+$323,000$323,000

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q3 2020

174 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ITOTISHARES TRCORE S&P TTL STK · CORE S&P US GWT · CORE DIV GRWTH · MSCI USA MIN VOL · CORE MSCI TOTAL · CORE MSCI EAFE · CORE S&P500 ETF · CORE TOTAL USD · MSCI USA MMENTM · SELECT DIVID ETF · CORE S&P SCP ETF · MSCI EAFE MIN VL · CORE S&P MCP ETF · RUS TOP 200 ETF · CORE US AGGBD ET · RUS TP200 GR ETF · RUS MID CAP ETF · IBOXX INV CP ETF · MRNGSTR INC ETF · IBONDS DEC23 ETF · IBONDS DEC2026 · IBONDS 27 ETF · CORE HIGH DV ETF · RUSSELL 2000 ETF · MSCI USA SMCP MN · RUS 2000 GRW ETF11.79%$31M476.6K
2AAPLAPPLE INChistory →COM6.47%$17M148.5K
3QQQINVESCO QQQ TRhistory →UNIT SER 15.78%$15M55.3K
4VNLAJANUS DETROIT STR TRhistory →HENDRSN SHRT ETF4.20%$11M221.5K
5AMZNAMAZON COM INChistory →COM4.06%$11M3.4K
6MSFTMICROSOFT CORPhistory →COM3.86%$10M48.8K
7VTIVANGUARD INDEX FDSTOTAL STK MKT · S&P 500 ETF SHS · SMALL CP ETF · MID CAP ETF · GROWTH ETF · MCAP VL IDXVIP · SM CP VAL ETF · VALUE ETF3.40%$9M50.0K
8NOBLPROSHARES TRS&P 500 DV ARIST · LARGE CAP CRE · S&P MDCP 400 DIV1.93%$5M72.0K
9BABAALIBABA GROUP HLDG LTDhistory →SPONSORED ADS1.58%$4M14.3K
10HDHOME DEPOT INChistory →COM1.53%$4M14.6K
11SPYSPDR S&P 500 ETF TRhistory →TR UNIT1.50%$4M11.9K
12NVDANVIDIA CORPORATIONhistory →COM1.48%$4M7.3K
13DIASPDR DOW JONES INDL AVERAGEhistory →UT SER 11.35%$4M12.9K
14XLGINVESCO EXCHANGE TRADED FD TS&P 500 TOP 50 · DYNMC LRG GWTH · S&P500 EQL WGT · S&P500 EQL STP · S&P 100 EQL WIGH1.24%$3M31.4K
15GOOGLALPHABET INCCAP STK CL A · CAP STK CL C1.21%$3M2.2K
16BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW1.18%$3M14.8K
17PYPLPAYPAL HLDGS INChistory →COM1.08%$3M14.6K
18VVISA INChistory →COM CL A1.07%$3M14.2K
19JPMJPMORGAN CHASE &COhistory →COM1.03%$3M28.5K
20RWLINVESCO EXCH TRADED FD TR IIS&P500 LOW VOL · S&P 500 REVENUE · S&P INTL LOW · S&P500 HDL VOL1.01%$3M60.3K
21JNJJOHNSON &JOHNSONCOM0.98%$3M17.6K
22MCDMCDONALDS CORPCOM0.93%$2M11.2K
23MAMASTERCARD INCORPORATEDCL A0.90%$2M7.1K
24UNHUNITEDHEALTH GROUP INCCOM0.88%$2M7.5K
25WMTWALMART INCCOM0.87%$2M16.5K
26SCHDSCHWAB STRATEGIC TRUS DIVIDEND EQ · US MID-CAP ETF0.83%$2M39.8K
27BABOEING COCOM0.80%$2M12.9K
28DBX ETF TRXTRACK MSCI EAFE0.78%$2M67.6K
29METAFACEBOOK INCCL A0.74%$2M7.5K
30TSMTAIWAN SEMICONDUCTOR MFG LTDSPONSORED ADS0.73%$2M23.8K
31FTCSFIRST TR EXCHANGE-TRADED FDCAP STRENGTH ETF · RISNG DIVD ACHIV · DORSEY WRT 5 ETF · MULTI ASSET DI0.72%$2M55.5K
32ISRGINTUITIVE SURGICAL INCCOM NEW0.71%$2M2.7K
33JDJD.COM INCSPON ADR CL A0.71%$2M24.3K
34UBERUBER TECHNOLOGIES INCCOM0.71%$2M51.5K
35DGDOLLAR GEN CORP NEWCOM0.70%$2M8.8K
36CRMSALESFORCE COM INCCOM0.68%$2M7.2K
37RBNCRELIANT BANCORP INCCOM0.66%$2M120.3K
38AVGOBROADCOM INCCOM0.64%$2M4.7K
39LGLVSPDR SER TRSSGA US LRG ETF · PORTFLI TIPS ETF · S&P DIVID ETF · S&P 600 SML CAP0.61%$2M27.2K
40HEDJWISDOMTREE TREUROPE HEDGED EQ · ITL HDG QTLY DIV · US QTLY DIV GRT0.57%$2M29.3K
41ETF MANAGERS TRPRIME CYBR SCRTY0.51%$1M29.2K
42HONHONEYWELL INTL INCCOM0.51%$1M8.2K
43DISDISNEY WALT COCOM DISNEY0.51%$1M10.8K
44GLDSPDR GOLD TRGOLD SHS0.50%$1M7.6K
45WORKSLACK TECHNOLOGIES INCCOM CL A0.49%$1M48.8K
46AMGNAMGEN INCCOM0.49%$1M5.1K
47INTCINTEL CORPCOM0.48%$1M24.9K
48ABTABBOTT LABSCOM0.45%$1M11.1K
49FISVFISERV INCCOM0.43%$1M11.1K
50LMTLOCKHEED MARTIN CORPCOM0.41%$1M2.9K
51ADBEADOBE SYSTEMS INCORPORATEDCOM0.41%$1M2.2K
52QCOMQUALCOMM INCCOM0.41%$1M9.2K
53ADPAUTOMATIC DATA PROCESSING INCOM0.41%$1M7.8K
54ABBVABBVIE INCCOM0.40%$1M12.1K
55TXNTEXAS INSTRS INCCOM0.38%$1M7.1K
56MGCVANGUARD WORLD FDMEGA CAP INDEX0.37%$995,0008.3K
57INTUINTUITCOM0.37%$994,0003.0K
58ADSKAUTODESK INCCOM0.37%$978,0004.2K
59ALTERYX INCCOM CL A0.37%$976,0008.6K
60CSXCSX CORPCOM0.37%$971,00012.5K
61FASTFASTENAL COCOM0.36%$968,00021.5K
62TAT&T INCCOM0.36%$953,00033.4K
63VZVERIZON COMMUNICATIONS INCCOM0.35%$918,00015.4K
64BACBK OF AMERICA CORPCOM0.34%$916,00038.1K
65ADIANALOG DEVICES INCCOM0.34%$895,0007.7K
66CHDCHURCH &DWIGHT INCCOM0.33%$879,0009.4K
67COSTCOSTCO WHSL CORP NEWCOM0.33%$876,0002.5K
68LLYLILLY ELI &COCOM0.33%$866,0005.9K
69CSCOCISCO SYS INCCOM0.32%$841,00021.4K
70PEPPEPSICO INCCOM0.30%$803,0005.8K
71MKCMCCORMICK &CO INCCOM NON VTG0.30%$791,0004.1K
72KMBKIMBERLY CLARK CORPCOM0.28%$752,0005.1K
73CTASCINTAS CORPCOM0.28%$741,0002.2K
74ORCLORACLE CORPCOM0.28%$739,00012.4K
75HCAHCA HEALTHCARE INCCOM0.28%$732,0005.9K
76VYMVANGUARD WHITEHALL FDSHIGH DIV YLD0.27%$728,0009.0K
77PGPROCTER AND GAMBLE COCOM0.27%$716,0005.2K
78KOCOCA COLA COCOM0.27%$711,00014.4K
79VEAVANGUARD TAX-MANAGED INTL FDFTSE DEV MKT ETF0.26%$697,00017.1K
80WMWASTE MGMT INC DELCOM0.26%$693,0006.1K
81MDLZMONDELEZ INTL INCCL A0.26%$690,00012.0K
82PAYXPAYCHEX INCCOM0.25%$677,0008.5K
83APHAMPHENOL CORP NEWCL A0.25%$667,0006.2K
84VLOVALERO ENERGY CORPCOM0.25%$667,00015.4K
85CVXCHEVRON CORP NEWCOM0.25%$658,0009.1K
86SYYSYSCO CORPCOM0.24%$649,00010.4K
87GPNGLOBAL PMTS INCCOM0.24%$646,0003.6K
88NVSTENVISTA HOLDINGS CORPORATIONCOM0.24%$645,00026.2K
89NOCNORTHROP GRUMMAN CORPCOM0.24%$639,0002.0K
90BDXBECTON DICKINSON &COCOM0.24%$636,0002.7K
91NKENIKE INCCL B0.24%$634,0005.1K
92PTONPELOTON INTERACTIVE INCCL A COM0.24%$633,0006.4K
93DGXQUEST DIAGNOSTICS INCCOM0.24%$626,0005.5K
94TDOCTELADOC HEALTH INCCOM0.23%$625,0002.9K
95ACWVISHARES INCMSCI GBL MIN VOL · CORE MSCI EMKT0.23%$619,0008.8K
96CLXCLOROX CO DELCOM0.23%$606,0002.9K
97PFEPFIZER INCCOM0.23%$602,00016.4K
98LINDE PLCSHS0.21%$546,0002.3K
99TIVITY HEALTH INCCOM0.21%$546,00039.0K
100TSLATESLA INCCOM0.20%$535,0001.2K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$1.7B574May 12, 202613F-HRchanges · EDGAR ↗
Q4 2025$1.7B576Feb 10, 202613F-HRchanges · EDGAR ↗
Q3 2025$1.6B564Nov 10, 202513F-HRchanges · EDGAR ↗
Q2 2025$1.4B545Aug 8, 202513F-HRchanges · EDGAR ↗
Q1 2025$1.6B671May 9, 202513F-HRchanges · EDGAR ↗
Q4 2024$1.6B687Feb 12, 202513F-HRchanges · EDGAR ↗
Q3 2024$1.6B656Nov 8, 202413F-HRchanges · EDGAR ↗
Q2 2024$1.5B633Aug 8, 202413F-HRchanges · EDGAR ↗
Q1 2024$1.0B458May 7, 202413F-HRchanges · EDGAR ↗
Q4 2023$1.2B598Feb 9, 202413F-HRchanges · EDGAR ↗
Q3 2023$1.0B573Nov 8, 202313F-HRchanges · EDGAR ↗
Q2 2023$763M418Aug 3, 202313F-HRchanges · EDGAR ↗
Q1 2023$677M404Apr 24, 202313F-HRchanges · EDGAR ↗
Q4 2022$612M387Feb 7, 202313F-HRchanges · EDGAR ↗
Q3 2022$525M352Oct 27, 202213F-HRchanges · EDGAR ↗
Q2 2022$543M366Aug 3, 202213F-HRchanges · EDGAR ↗
Q1 2022$612M366May 4, 202213F-HRchanges · EDGAR ↗
Q4 2021$477M336Feb 9, 202213F-HRchanges · EDGAR ↗
Q3 2021$411M315Oct 27, 202113F-HRchanges · EDGAR ↗
Q2 2021$399M300Jul 27, 202113F-HRchanges · EDGAR ↗
Q1 2021$360M268Apr 30, 202113F-HRchanges · EDGAR ↗
Q4 2020$323M236Jan 26, 202113F-HRchanges · EDGAR ↗
Q3 2020$266M226Oct 28, 202013F-HRchanges · EDGAR ↗
Q2 2020$240M214Jul 20, 202013F-HRchanges · EDGAR ↗
Q1 2020$281M246Apr 23, 202013F-HRchanges · EDGAR ↗
Q4 2019$300M246Feb 5, 202013F-HRchanges · EDGAR ↗
Q3 2019$264M230Nov 12, 201913F-HRchanges · EDGAR ↗
Q2 2019$263M188Jul 16, 2019RESTATEMENTchanges · EDGAR ↗
Q1 2019$242M228May 7, 201913F-HRchanges · EDGAR ↗
Q4 2018$204M170Feb 13, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.