SEC 13F Intelligence

Managers / Q2 2022 · view latest →

THOROUGHBRED FINANCIAL SERVICES, LLC

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

Reported Value
$543M
Q2 2022
Positions
366
Filings on Record
31
2019–present window
Filed
Aug 3, 2022
original filing

Summary

Thoroughbred Financial Services, LLC reported $543M in U.S.-listed holdings across 366 positions for Q2 2022.

Its largest position, ITOT, represents 9.8% of the portfolio.

Compared with Q1 2022, the fund opened 37 new positions and exited 38.

Portfolio Metrics

Turnover
+6.6%
vs prior filed quarter
Top-10 Concentration
+38.2%
share of reported value
Largest Position
+9.8%
Ishares Tr
New / Exited
37 / 38
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: 64.2%ETP: 32.2%ADR: 1.9%Other: 0.8%REIT: 0.7%Other: 0.3%
  • Common Stock · 64.2% · $348M
  • ETP · 32.2% · $175M
  • ADR · 1.9% · $10M
  • Other · 0.8% · $5M
  • REIT · 0.7% · $4M
  • Other · 0.3% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SHOPSHOPIFY INCNEW+81.2K81.2K+$3M$3M
VNLAJANUS DETROIT STR TRNEW+28.9K28.9K+$1M$1M
CNICANADIAN NATL RY CONEW+12.4K12.4K+$1M$1M
IYKISHARES TRNEW+6.5K6.5K+$1M$1M
RSPTINVESCO EXCHANGE TRADED FD TNEW+3.6K3.6K+$860,000$860,000
BLDRBUILDERS FIRSTSOURCE INCNEW+14.8K14.8K+$792,000$792,000
LYBLYONDELLBASELL INDUSTRIES NNEW+7.6K7.6K+$667,000$667,000
HUNHUNTSMAN CORPNEW+19.2K19.2K+$545,000$545,000

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

Holdings — Q2 2022

274 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ITOTISHARES TRCORE S&P TTL STK · CORE DIV GRWTH · CORE S&P US GWT · CORE S&P500 ETF · CORE MSCI TOTAL · CORE MSCI EAFE · SELECT DIVID ETF · GLOBAL 100 ETF · CORE S&P SCP ETF · RUS TP200 GR ETF · MSCI USA MIN VOL · US CONSM STAPLES · MSCI USA MMENTM · CORE S&P MCP ETF · RUS TOP 200 ETF · RUS MID CAP ETF · ISHARES SEMICDTR · MSCI USA SMCP MN · MSCI USA ESG SLC · U.S. MED DVC ETF · MSCI EAFE ETF · 7-10 YR TRSY BD · IBONDS DEC23 ETF · RUSSELL 2000 ETF · MSCI EAFE MIN VL · US CONSUM DISCRE · RUS 2000 GRW ETF · ESG AWR MSCI USA · MSCI INTL QUALTY · US REGNL BKS ETF · CORE TOTAL USD · S&P MC 400GR ETF · SP SMCP600VL ETF · RUS 1000 GRW ETF · IBONDS DEC20269.77%$53M694.3K
2AAPLAPPLE INChistory →COM7.30%$40M289.7K
3MSFTMICROSOFT CORPhistory →COM4.53%$25M95.7K
4VTIVANGUARD INDEX FDSTOTAL STK MKT · S&P 500 ETF SHS · SMALL CP ETF · MID CAP ETF · MCAP VL IDXVIP · VALUE ETF · GROWTH ETF · SM CP VAL ETF · REAL ESTATE ETF3.46%$19M96.6K
5QQQINVESCO QQQ TRhistory →UNIT SER 13.00%$16M58.1K
6AMZNAMAZON COM INChistory →COM2.73%$15M139.5K
7GOOGLALPHABET INCCAP STK CL A · CAP STK CL C2.50%$14M6.2K
8SCHDSCHWAB STRATEGIC TRUS DIVIDEND EQ · US LRG CAP ETF · US MID-CAP ETF · SCHWAB FDT US SC · SCHWAB FDT US LG · INTL EQTY ETF · US LCAP GR ETF · SCHWB FDT INT LG2.13%$12M191.6K
9RSPINVESCO EXCHANGE TRADED FD TS&P500 EQL WGT · S&P500 EQL STP · S&P 500 TOP 50 · DYNMC LRG GWTH · S&P500 EQL TEC · S&P MDCP QUALITY · S&P 500 GARP ETF · S&P 100 EQL WIGH · S&P SMCP VLU MNT · FTSE RAFI 15001.52%$8M71.2K
10UNHUNITEDHEALTH GROUP INChistory →COM1.27%$7M13.5K
11JNJJOHNSON &JOHNSONhistory →COM1.27%$7M38.9K
12JPMJPMORGAN CHASE &COhistory →COM1.23%$7M59.1K
13NOBLPROSHARES TRS&P 500 DV ARIST · LARGE CAP CRE · EQTS FOR RISIN1.19%$6M88.2K
14HDHOME DEPOT INChistory →COM1.17%$6M23.1K
15BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW1.16%$6M23.0K
16WMTWALMART INChistory →COM1.12%$6M49.8K
17VVISA INChistory →COM CL A1.11%$6M30.6K
18NVDANVIDIA CORPORATIONhistory →COM1.08%$6M38.7K
19RDVYFIRST TR EXCHANGE-TRADED FDRISNG DIVD ACHIV · CAP STRENGTH ETF · DORSEY WRT 5 ETF · FT CBOE VEST S&P1.05%$6M128.2K
20COWZPACER FDS TRUS CASH COWS 100 · PACER US SMALL · TRENDPILOT US BD1.04%$6M142.1K
21RWLINVESCO EXCH TRADED FD TR IIS&P 500 REVENUE · NASDAQ 100 ETF · S&P500 LOW VOL · S&P MIDCP LOW · S&P SMALLCAP 600 · RUSEL 1000 EQL1.03%$6M76.8K
22TSMTAIWAN SEMICONDUCTOR MFG LTDhistory →SPONSORED ADS1.01%$5M66.9K
23CVXCHEVRON CORP NEWCOM0.95%$5M35.6K
24COSTCOSTCO WHSL CORP NEWCOM0.84%$5M9.5K
25PFEPFIZER INCCOM0.81%$4M83.6K
26BACBK OF AMERICA CORPCOM0.75%$4M130.5K
27DIASPDR DOW JONES INDL AVERAGEUT SER 10.71%$4M12.5K
28DGDOLLAR GEN CORP NEWCOM0.70%$4M15.4K
29EXMOCEXXON MOBIL CORPCOM0.69%$4M43.9K
30SPYSPDR S&P 500 ETF TRTR UNIT0.69%$4M9.9K
31METAMETA PLATFORMS INCCL A0.64%$4M21.7K
32AVGOBROADCOM INCCOM0.64%$3M7.2K
33LGLVSPDR SER TRSSGA US LRG ETF · S&P DIVID ETF · PRTFLO S&P500 GW · PORTFLI TIPS ETF · S&P 600 SML CAP · PRTFLO S&P500 HI0.62%$3M48.3K
34CRMSALESFORCE INCCOM0.62%$3M20.5K
35MAMASTERCARD INCORPORATEDCL A0.62%$3M10.7K
36QCOMQUALCOMM INCCOM0.60%$3M25.5K
37MCDMCDONALDS CORPCOM0.60%$3M13.2K
38CDCVICTORY PORTFOLIOS IIVCSHS US EQ INCM · VICTORYSHS INTRM · VICSHS DV AC ETF0.59%$3M59.0K
39LLYLILLY ELI &COCOM0.55%$3M9.2K
40ABBVABBVIE INCCOM0.55%$3M19.4K
41VLOVALERO ENERGY CORPCOM0.54%$3M27.4K
42XLESELECT SECTOR SPDR TRENERGY · SBI CONS STPLS · TECHNOLOGY · SBI HEALTHCARE · SBI CONS DISCR0.53%$3M35.3K
43LINDE PLCSHS0.51%$3M9.7K
44HONHONEYWELL INTL INCCOM0.51%$3M15.9K
45FASTFASTENAL COCOM0.49%$3M53.8K
46CSCOCISCO SYS INCCOM0.49%$3M62.1K
47DBX ETF TRXTRACK MSCI EAFE · XTRACK MSCI ALL0.48%$3M77.7K
48JEPIJ P MORGAN EXCHANGE TRADED FEQUITY PREMIUM · US VALUE FACTR · DIVERSFD EQT ETF0.48%$3M61.6K
49PEPPEPSICO INCCOM0.47%$3M15.2K
50SHOPSHOPIFY INCCL A0.47%$3M81.2K
51KOCOCA COLA COCOM0.46%$3M39.9K
52MUMICRON TECHNOLOGY INCCOM0.45%$2M43.8K
53RTXRAYTHEON TECHNOLOGIES CORPCOM0.44%$2M24.8K
54TMOTHERMO FISHER SCIENTIFIC INCCOM0.43%$2M4.3K
55ISRGINTUITIVE SURGICAL INCCOM NEW0.42%$2M11.4K
56MRKMERCK &CO INCCOM0.42%$2M25.1K
57ABTABBOTT LABSCOM0.42%$2M20.9K
58BABOEING COCOM0.41%$2M16.3K
59MOATVANECK ETF TRUSTMRNGSTR WDE MOAT0.40%$2M34.4K
60LMTLOCKHEED MARTIN CORPCOM0.40%$2M5.0K
61AMGNAMGEN INCCOM0.39%$2M8.7K
62INTUINTUITCOM0.38%$2M5.4K
63PNCPNC FINL SVCS GROUP INCCOM0.38%$2M12.9K
64HCAHCA HEALTHCARE INCCOM0.37%$2M12.0K
65FBNDFIDELITY MERRIMACK STR TRTOTAL BD ETF0.37%$2M43.2K
66LOWLOWES COS INCCOM0.36%$2M11.1K
67ADPAUTOMATIC DATA PROCESSING INCOM0.35%$2M9.1K
68MPCMARATHON PETE CORPCOM0.33%$2M21.8K
69PGPROCTER AND GAMBLE COCOM0.33%$2M12.4K
70DGXQUEST DIAGNOSTICS INCCOM0.33%$2M13.3K
71AMDADVANCED MICRO DEVICES INCCOM0.32%$2M22.9K
72HSYHERSHEY COCOM0.30%$2M7.7K
73CHDCHURCH &DWIGHT CO INCCOM0.30%$2M17.3K
74MGCVANGUARD WORLD FDMEGA CAP INDEX0.29%$2M12.1K
75ETF MANAGERS TRPRIME CYBR SCRTY0.29%$2M34.0K
76TXNTEXAS INSTRS INCCOM0.28%$2M9.9K
77MELIMERCADOLIBRE INCCOM0.27%$1M2.3K
78GLDSPDR GOLD TRGOLD SHS0.27%$1M8.7K
79VEAVANGUARD TAX-MANAGED INTL FDVAN FTSE DEV MKT0.27%$1M35.8K
80MDLZMONDELEZ INTL INCCL A0.27%$1M23.3K
81STESTERIS PLCSHS USD0.26%$1M7.0K
82FMBFIRST TR EXCH TRADED FD IIIMANAGD MUN ETF · PFD SECS INC ETF0.26%$1M48.6K
83ADBEADOBE SYSTEMS INCORPORATEDCOM0.26%$1M3.9K
84TSCOTRACTOR SUPPLY COCOM0.26%$1M7.3K
85VNLAJANUS DETROIT STR TRHENDRSN SHRT ETF0.26%$1M28.9K
86CNICANADIAN NATL RY COCOM0.26%$1M12.4K
87UNPUNION PAC CORPCOM0.25%$1M6.4K
88DKDELEK US HLDGS INC NEWCOM0.25%$1M51.9K
89RFREGIONS FINANCIAL CORP NEWCOM0.24%$1M70.9K
90DEODIAGEO PLCSPON ADR NEW0.24%$1M7.6K
91ASMLASML HOLDING N VN Y REGISTRY SHS0.24%$1M2.8K
92ADIANALOG DEVICES INCCOM0.23%$1M8.6K
93PENPENUMBRA INCCOM0.23%$1M10.0K
94KLACKLA CORPCOM NEW0.23%$1M3.9K
95PAYXPAYCHEX INCCOM0.22%$1M10.7K
96EAELECTRONIC ARTS INCCOM0.22%$1M9.8K
97TSLATESLA INCCOM0.22%$1M1.8K
98VYMVANGUARD WHITEHALL FDSHIGH DIV YLD0.22%$1M11.6K
99NEENEXTERA ENERGY INCCOM0.22%$1M15.1K
100CCITIGROUP INCCOM NEW0.21%$1M24.6K

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 ↗.