SEC 13F Intelligence

Managers / Q2 2021 · view latest →

THOROUGHBRED FINANCIAL SERVICES, LLC

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

Reported Value
$399M
Q2 2021
Positions
300
Filings on Record
30
2019–present window
Filed
Jul 27, 2021
original filing

Summary

Thoroughbred Financial Services, LLC reported $399M in U.S.-listed holdings across 300 positions for Q2 2021.

Its largest position, ITOT, represents 11.6% of the portfolio.

Compared with Q1 2021, the fund opened 36 new positions and exited 4.

Portfolio Metrics

Turnover
+3.4%
vs prior filed quarter
Top-10 Concentration
+40.7%
share of reported value
Largest Position
+11.6%
Ishares Tr
New / Exited
36 / 4
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
Q1 ’19: $242MQ1 ’19Q2 ’19: $263MQ3 ’19: $264MQ4 ’19: $300MQ1 ’20: $281MQ1 ’20Q2 ’20: $240MQ3 ’20: $266MQ4 ’20: $323MQ1 ’21: $360MQ1 ’21Q2 ’21: $399MQ3 ’21: $411MQ4 ’21: $477MQ1 ’22: $612MQ1 ’22Q2 ’22: $543MQ3 ’22: $525MQ4 ’22: $612MQ1 ’23: $677MQ1 ’23Q2 ’23: $763MQ3 ’23: $1.0BQ4 ’23: $1.2BQ1 ’24: $1.0BQ1 ’24Q2 ’24: $1.5BQ3 ’24: $1.6BQ4 ’24: $1.6BQ1 ’25: $1.6BQ1 ’25Q2 ’25: $1.4BQ3 ’25: $1.6BQ4 ’25: $1.7BQ1 ’26: $1.7BQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 59.7%ETP: 36.2%ADR: 2.6%Other: 0.6%REIT: 0.4%Other: 0.5%
  • Common Stock · 59.7% · $239M
  • ETP · 36.2% · $145M
  • ADR · 2.6% · $10M
  • Other · 0.6% · $2M
  • REIT · 0.4% · $2M
  • Other · 0.5% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
FBNDFIDELITY MERRIMACK STR TRNEW+17.1K17.1K+$914,000$914,000
PTBDPACER FDS TRNEW+30.8K30.8K+$854,000$854,000
MOATVANECK VECTORS ETF TRNEW+9.3K9.3K+$691,000$691,000
CPNGCOUPANG INCNEW+15.4K15.4K+$645,000$645,000
SOXXISHARES TRNEW+1.2K1.2K+$558,000$558,000
RMDRESMED INCNEW+2.1K2.1K+$526,000$526,000
JVALJ P MORGAN EXCHANGE-TRADED FNEW+14.4K14.4K+$522,000$522,000
ABNBAIRBNB INCNEW+2.7K2.7K+$410,000$410,000

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

Holdings — Q2 2021

240 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ITOTISHARES TRCORE S&P TTL STK · CORE DIV GRWTH · CORE S&P US GWT · CORE MSCI TOTAL · CORE MSCI EAFE · CORE S&P500 ETF · MSCI USA MIN VOL · CORE S&P SCP ETF · MSCI USA MMENTM · SELECT DIVID ETF · CORE S&P MCP ETF · RUS TP200 GR ETF · CORE TOTAL USD · RUS TOP 200 ETF · CORE US AGGBD ET · ISHARES SEMICDTR · MSCI EAFE MIN VL · RUS MID CAP ETF · MSCI EAFE ETF · IBONDS DEC23 ETF · MSCI USA SMCP MN · SP SMCP600VL ETF · IBOXX INV CP ETF · S&P MC 400GR ETF · RUS 2000 GRW ETF · US REGNL BKS ETF · S&P 500 GRWT ETF11.62%$46M531.6K
2AAPLAPPLE INChistory →COM6.68%$27M194.8K
3QQQINVESCO QQQ TRhistory →UNIT SER 14.56%$18M51.4K
4MSFTMICROSOFT CORPhistory →COM3.98%$16M58.7K
5VTIVANGUARD INDEX FDSTOTAL STK MKT · S&P 500 ETF SHS · SMALL CP ETF · MID CAP ETF · GROWTH ETF · VALUE ETF · SM CP VAL ETF · MCAP VL IDXVIP3.27%$13M54.6K
6AMZNAMAZON COM INChistory →COM3.25%$13M3.8K
7VNLAJANUS DETROIT STR TRhistory →HENDRSN SHRT ETF2.73%$11M217.0K
8GOOGLALPHABET INCCAP STK CL A · CAP STK CL C1.69%$7M2.7K
9NVDANVIDIA CORPORATIONhistory →COM1.51%$6M7.5K
10NOBLPROSHARES TRS&P 500 DV ARIST · LARGE CAP CRE · S&P MDCP 400 DIV1.45%$6M64.2K
11SPYSPDR S&P 500 ETF TRhistory →TR UNIT1.32%$5M12.3K
12RSPINVESCO EXCHANGE TRADED FD TS&P500 EQL WGT · S&P 500 TOP 50 · S&P500 EQL STP · DYNMC LRG GWTH · S&P 100 EQL WIGH1.27%$5M37.3K
13PYPLPAYPAL HLDGS INChistory →COM1.23%$5M16.9K
14HDHOME DEPOT INChistory →COM1.19%$5M14.9K
15JPMJPMORGAN CHASE &COhistory →COM1.17%$5M30.2K
16SCHDSCHWAB STRATEGIC TRUS DIVIDEND EQ · US MID-CAP ETF · US LRG CAP ETF1.11%$4M56.4K
17BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW1.11%$4M15.9K
18RDVYFIRST TR EXCHANGE-TRADED FDRISNG DIVD ACHIV · CAP STRENGTH ETF · DORSEY WRT 5 ETF · US EQTY OPPT ETF1.08%$4M79.9K
19DIASPDR DOW JONES INDL AVERAGEhistory →UT SER 11.04%$4M12.1K
20JNJJOHNSON &JOHNSONhistory →COM1.01%$4M24.4K
21VVISA INCCOM CL A0.98%$4M16.8K
22WMTWALMART INCCOM0.97%$4M27.4K
23UNHUNITEDHEALTH GROUP INCCOM0.88%$4M8.8K
24BABAALIBABA GROUP HLDG LTDSPONSORED ADS0.87%$3M15.2K
25METAFACEBOOK INCCL A0.80%$3M9.2K
26MAMASTERCARD INCORPORATEDCL A0.76%$3M8.3K
27TSMTAIWAN SEMICONDUCTOR MFG LTDSPONSORED ADS0.76%$3M25.1K
28CRMSALESFORCE COM INCCOM0.73%$3M12.0K
29RBNCRELIANT BANCORP INCCOM0.70%$3M100.9K
30FMBFIRST TR EXCH TRADED FD IIIMANAGD MUN ETF · PFD SECS INC ETF0.68%$3M68.1K
31ISRGINTUITIVE SURGICAL INCCOM NEW0.67%$3M2.9K
32LGLVSPDR SER TRSSGA US LRG ETF · S&P DIVID ETF · PORTFLI TIPS ETF · S&P 600 SML CAP0.66%$3M31.5K
33RWLINVESCO EXCH TRADED FD TR IIS&P 500 REVENUE · S&P500 LOW VOL · NASDAQ 100 ETF0.62%$2M33.4K
34UBERUBER TECHNOLOGIES INCCOM0.61%$2M48.7K
35EXMOCEXXON MOBIL CORPCOM0.59%$2M37.4K
36DISDISNEY WALT COCOM0.59%$2M13.3K
37AVGOBROADCOM INCCOM0.58%$2M4.9K
38DGDOLLAR GEN CORP NEWCOM0.58%$2M10.7K
39MELIMERCADOLIBRE INCCOM0.56%$2M1.4K
40PFEPFIZER INCCOM0.55%$2M55.8K
41ILMNILLUMINA INCCOM0.52%$2M4.4K
42ETF MANAGERS TRPRIME CYBR SCRTY0.50%$2M33.0K
43HONHONEYWELL INTL INCCOM0.47%$2M8.6K
44BABOEING COCOM0.47%$2M7.8K
45JDJD.COM INCSPON ADR CL A0.47%$2M23.3K
46COSTCOSTCO WHSL CORP NEWCOM0.45%$2M4.5K
47ABBVABBVIE INCCOM0.44%$2M15.6K
48BACBK OF AMERICA CORPCOM0.43%$2M41.6K
49ADPAUTOMATIC DATA PROCESSING INCOM0.43%$2M8.6K
50KOCOCA COLA COCOM0.40%$2M29.9K
51MGCVANGUARD WORLD FDMEGA CAP INDEX0.40%$2M10.6K
52FISVFISERV INCCOM0.39%$2M14.8K
53INTUINTUITCOM0.39%$2M3.1K
54TXNTEXAS INSTRS INCCOM0.38%$2M8.0K
55ABTABBOTT LABSCOM0.38%$2M13.0K
56QCOMQUALCOMM INCCOM0.37%$1M10.4K
57CSCOCISCO SYS INCCOM0.36%$1M27.5K
58AMATAPPLIED MATLS INCCOM0.36%$1M10.2K
59DOCUDOCUSIGN INCCOM0.35%$1M5.0K
60ADBEADOBE SYSTEMS INCORPORATEDCOM0.34%$1M2.3K
61ADIANALOG DEVICES INCCOM0.34%$1M7.9K
62UITBVICTORY PORTFOLIOS IIVICTORYSHS INTRM0.34%$1M25.2K
63GLDSPDR GOLD TRGOLD SHS0.34%$1M8.1K
64VEAVANGUARD TAX-MANAGED INTL FDFTSE DEV MKT ETF0.34%$1M26.0K
65ADSKAUTODESK INCCOM0.33%$1M4.6K
66LLYLILLY ELI &COCOM0.33%$1M5.8K
67HCAHCA HEALTHCARE INCCOM0.33%$1M6.4K
68BDXBECTON DICKINSON &COCOM0.33%$1M5.4K
69FASTFASTENAL COCOM0.32%$1M24.3K
70FTHYFIRST TR HIGH YIELD OPPRT 20COM0.31%$1M62.5K
71MCDMCDONALDS CORPCOM0.30%$1M5.2K
72HEDJWISDOMTREE TREUROPE HEDGED EQ · US QTLY DIV GRT · ITL HDG QTLY DIV0.30%$1M19.2K
73CSXCSX CORPCOM0.29%$1M35.9K
74XLPSELECT SECTOR SPDR TRSBI CONS STPLS · ENERGY · SBI INT-UTILS0.28%$1M17.4K
75CVXCHEVRON CORP NEWCOM0.28%$1M10.6K
76ALTERYX INCCOM CL A0.27%$1M12.7K
77MUMICRON TECHNOLOGY INCCOM0.27%$1M12.8K
78KLACKLA CORPCOM NEW0.27%$1M3.3K
79AMGNAMGEN INCCOM0.27%$1M4.4K
80VYMVANGUARD WHITEHALL FDSHIGH DIV YLD0.26%$1M10.1K
81PAYXPAYCHEX INCCOM0.26%$1M9.8K
82VZVERIZON COMMUNICATIONS INCCOM0.26%$1M18.3K
83MCHPMICROCHIP TECHNOLOGY INC.COM0.25%$1M6.7K
84MOATVANECK VECTORS ETF TRMORNINGSTAR WIDE · CEF MUN INCOME E0.25%$1M19.6K
85NVSTENVISTA HOLDINGS CORPORATIONCOM0.25%$996,00023.1K
86PSAPUBLIC STORAGECOM0.24%$978,0003.3K
87LMTLOCKHEED MARTIN CORPCOM0.24%$960,0002.5K
88TAT&T INCCOM0.24%$941,00032.7K
89INTCINTEL CORPCOM0.24%$939,00016.7K
90OKTAOKTA INCCL A0.23%$930,0003.8K
91PEPPEPSICO INCCOM0.23%$925,0006.2K
92TSLATESLA INCCOM0.23%$922,0001.4K
93FBNDFIDELITY MERRIMACK STR TRTOTAL BD ETF0.23%$914,00017.1K
94CCLCARNIVAL CORPUNIT 99/99/99990.22%$889,00033.7K
95LOWLOWES COS INCCOM0.22%$885,0004.6K
96CCITIGROUP INCCOM NEW0.22%$872,00012.3K
97POWRISHARES INCGLB ENR PROD ETF · CORE MSCI EMKT0.22%$863,00032.9K
98PTBDPACER FDS TRTRENDPILOT US BD0.21%$854,00030.8K
99LINDE PLCSHS0.21%$845,0002.9K
100WDAYWORKDAY INCCL A0.21%$822,0003.4K

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 ↗

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 ↗.