SEC 13F Intelligence

Managers / Q4 2024 · view latest →

THOROUGHBRED FINANCIAL SERVICES, LLC

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

Reported Value
$1.6B
Q4 2024
Positions
687
Filings on Record
30
2019–present window
Filed
Feb 12, 2025
original filing

Summary

Thoroughbred Financial Services, LLC reported $1.6B in U.S.-listed holdings across 687 positions for Q4 2024.

Its largest position, ITOT, represents 8.1% of the portfolio.

Compared with Q3 2024, the fund opened 73 new positions and exited 42.

Portfolio Metrics

Turnover
+5.1%
vs prior filed quarter
Top-10 Concentration
+39.5%
share of reported value
Largest Position
+8.1%
Ishares Tr
New / Exited
73 / 42
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: 61.6%ETP: 35.5%ADR: 2.4%Other: 0.3%REIT: 0.2%Other: 0.1%
  • Common Stock · 61.6% · $1.0B
  • ETP · 35.5% · $581M
  • ADR · 2.4% · $39M
  • Other · 0.3% · $5M
  • REIT · 0.2% · $3M
  • Other · 0.1% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
DECKDECKERS OUTDOOR CORPNEW+10.3K10.3K+$2M$2M
ETNEATON CORP PLCNEW+5.5K5.5K+$2M$2M
ANETARISTA NETWORKS INCNEW+16.2K16.2K+$2M$2M
CGBLCAPITAL GROUP CORE BALANCEDNEW+53.0K53.0K+$2M$2M
PTNQPACER FDS TRNEW+17.4K17.4K+$1M$1M
LRCXLAM RESEARCH CORPNEW+15.4K15.4K+$1M$1M
SAPSAP SENEW+4.4K4.4K+$1M$1M
CRHCRH PLCNEW+9.9K9.9K+$917,000$917,000

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

Holdings — Q4 2024

352 positions (from 500 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ITOTISHARES TRCORE S&P TTL STK · RUS TP200 GR ETF · CORE DIV GRWTH · GLOBAL 100 ETF · CORE S&P500 ETF · CORE S&P US GWT · CORE MSCI TOTAL · RUS TOP 200 ETF · CORE S&P SCP ETF · SELECT DIVID ETF · RUS MID CAP ETF · IBONDS 28 TRM TS · CORE MSCI EAFE · IBOND DEC 2030 · HDG MSCI EAFE · CORE S&P MCP ETF · IBONDS 26 TRM TS · IBONDS 27 TRM TS · MSCI EAFE ETF · MSCI USA MIN VOL · RUS 1000 GRW ETF · MSCI USA MMENTM · IBONDS 2026 TERM · IBONDS DEC 2031 · IBONDS 29 TRM TS · HIGH YLD SYSTM B · IBONDS DEC25 ETF · IBONDS DEC2026 · IBONDS 2027 TERM · U.S. TECH ETF · IBONDS 25 TRM TS · RUSSELL 2000 ETF · IBONDS DEC 2032 · US CONSM STAPLES · ISHARES SEMICDTR · RUS 1000 VAL ETF · AGGRES ALLOC ETF · IBDS DEC28 ETF · IBONDS 27 ETF · S&P MC 400GR ETF · IBONDS DEC 2030 · MSCI EAFE SMCP · MSCI INTL QUALTY · RUS 2000 GRW ETF · SP SMCP600VL ETF · S&P 100 ETF · RUS MD CP GR ETF8.11%$133M1.84M
2NVDANVIDIA CORPORATIONhistory →COM5.98%$98M728.5K
3AAPLAPPLE INChistory →COM5.73%$94M374.1K
4MSFTMICROSOFT CORPhistory →COM3.35%$55M130.2K
5XLGINVESCO EXCHANGE TRADED FD TS&P 500 TOP 50 · S&P MDCP QUALITY · S&P 500 GARP ETF · S&P500 EQL WGT · S&P MDCP MOMNTUM · S&P MIDCAP 400 · S&P500 QUALITY · BUYBACK ACHIEV · S&P SMLCP MOMENT · LARGE CAP GROWTH · S&P500 EQL STP · S&P SMCP VLU MNT · S&P500 EQL TEC · S&P 100 EQL WIGH3.17%$52M642.1K
6VTIVANGUARD INDEX FDSTOTAL STK MKT · S&P 500 ETF SHS · SMALL CP ETF · GROWTH ETF · VALUE ETF · MID CAP ETF · SM CP VAL ETF · MCAP VL IDXVIP3.02%$49M159.7K
7AMZNAMAZON COM INChistory →COM2.70%$44M201.5K
8GOOGLALPHABET INCCAP STK CL A · CAP STK CL C2.56%$42M220.9K
9JEPIJ P MORGAN EXCHANGE TRADED FEQUITY PREMIUM · NASDAQ EQT PREM · US QUALTY FCTR · HEDGED EQUITY LA · EQUITY FOCUS ETF · CORE PLUS BD ETF · US VALUE FACTR · ULTRA SHRT ETF · INCOME ETF · DIVERSFD EQT ETF · DIVERSFED RTRN · ACTIVE VALUE ETF2.45%$40M709.9K
10QQQMINVESCO EXCH TRADED FD TR IINASDAQ 100 ETF · S&P 500 REVENUE · S&P SMALLCAP 600 · S&P500 LOW VOL · S&P MDCP 400 REV · S&P SMLCAP QTY · DORSEY WRGT SMLC2.42%$40M361.3K
11COWZPACER FDS TRUS CASH COWS 100 · PACER US SMALL · US EXPORT LEAD · TRENDPILOT 100 · US LRG CP CASH · TRENDP US LAR CP2.34%$38M712.1K
12QQQINVESCO QQQ TRhistory →UNIT SER 11.78%$29M56.8K
13AVGOBROADCOM INChistory →COM1.58%$26M111.7K
14SCHDSCHWAB STRATEGIC TRUS DIVIDEND EQ · FUNDAMENTAL US L · US LCAP GR ETF · US LRG CAP ETF · US MID-CAP ETF · FUNDAMENTAL US S · FUNDAMENTAL INTL1.52%$25M941.4K
15JPMJPMORGAN CHASE & CO.history →COM1.46%$24M99.8K
16BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW · CL A1.42%$23M49.8K
17WMTWALMART INChistory →COM1.32%$22M239.9K
18TSMTAIWAN SEMICONDUCTOR MFG LTDhistory →SPONSORED ADS1.30%$21M107.5K
19METAMETA PLATFORMS INChistory →CL A1.05%$17M29.3K
20LLYELI LILLY & COhistory →COM0.98%$16M20.8K
21ESCAESCALADE INChistory →COM0.98%$16M1.12M
22HDHOME DEPOT INChistory →COM0.80%$13M33.6K
23MOATVANECK ETF TRUSTMRNGSTR WDE MOAT · SEMICONDUCTR ETF0.79%$13M128.9K
24VVISA INChistory →COM CL A0.76%$12M39.3K
25COSTCOSTCO WHSL CORP NEWhistory →COM0.73%$12M13.1K
26SHOPSHOPIFY INChistory →CL A0.72%$12M110.2K
27RDVYFIRST TR EXCHANGE-TRADED FDRISNG DIVD ACHIV · CAP STRENGTH ETF · DORSEY WRT 5 ETF · SMID RISNG ETF0.69%$11M190.5K
28APPAPPLOVIN CORPhistory →COM CL A0.69%$11M34.7K
29TSLATESLA INChistory →COM0.62%$10M24.9K
30VLUSPDR SER TRSPDR S&P1500VL · SSGA US LRG ETF · PRTFLO S&P500 GW · S&P DIVID ETF · S&P 600 SMCP GRW · PRTFLO S&P500 VL · PORTFOLIO S&P600 · GLB DOW ETF · PORTFOLIO S&P5000.54%$9M82.7K
31BNOVINNOVATOR ETFS TRUSTUS EQTY BUF NOV · US EQTY BUF SEP · US EQTY BUF DEC · US EQTY PWR BUF · US EQTY BUF OCT · GRWT100 PWR BUF0.50%$8M201.5K
32EXMOCEXXON MOBIL CORPCOM0.50%$8M75.8K
33NOBLPROSHARES TRS&P 500 DV ARIST · LARGE CAP CRE0.50%$8M86.1K
34CRMSALESFORCE INCCOM0.46%$7M22.3K
35DBX ETF TRXTRACK MSCI EAFE0.45%$7M178.6K
36FDVVFIDELITY COVINGTON TRUSTHIGH DIVID ETF · FUNDAMENTAL LARG · VLU FACTOR ETF · SML MID MLTFCT0.44%$7M146.2K
37DIVIFRANKLIN TEMPLETON ETF TRINTL COR DIV TIL · HIGH YIELD CORP0.43%$7M238.3K
38BACBANK AMERICA CORPCOM0.43%$7M159.7K
39MAMASTERCARD INCORPORATEDCL A0.42%$7M13.0K
40MELIMERCADOLIBRE INCCOM0.42%$7M4.0K
41DGRWWISDOMTREE TRUS QTLY DIV GRT · EUROPE HEDGED EQ · US LARGECAP DIVD · ITL HDG QTLY DIV · WISDOMTREE US VA · EMG MKTS SMCAP0.42%$7M111.5K
42CVXCHEVRON CORP NEWCOM0.39%$6M44.3K
43UNHUNITEDHEALTH GROUP INCCOM0.38%$6M12.2K
44CLSCELESTICA INCCOM0.36%$6M63.8K
45HCAHCA HEALTHCARE INCCOM0.36%$6M19.5K
46MODMODINE MFG COCOM0.35%$6M49.7K
47BKNGBOOKING HOLDINGS INCCOM0.35%$6M1.1K
48CTASCINTAS CORPCOM0.34%$6M30.4K
49DIASPDR DOW JONES INDL AVERAGEUT SER 10.33%$5M12.8K
50HACKAMPLIFY ETF TRAMPLIFY CYBERSEC · CWP ENHANCED DIV0.33%$5M99.5K
51LINLINDE PLCSHS0.33%$5M12.9K
52LOWLOWES COS INCCOM0.32%$5M21.2K
53JNJJOHNSON & JOHNSONCOM0.31%$5M35.2K
54URIUNITED RENTALS INCCOM0.30%$5M6.9K
55CATCATERPILLAR INCCOM0.30%$5M13.5K
56FIRST TR EXCHNG TRADED FD VIFT VEST US EQT · FT VEST U.S · FT VEST NAS0.30%$5M143.4K
57MPCMARATHON PETE CORPCOM0.29%$5M34.0K
58TSCOTRACTOR SUPPLY COCOM0.28%$5M86.2K
59CRWDCROWDSTRIKE HLDGS INCCL A0.28%$5M13.2K
60VLOVALERO ENERGY CORPCOM0.27%$4M36.6K
61ISRGINTUITIVE SURGICAL INCCOM NEW0.27%$4M8.3K
62SYLDCAMBRIA ETF TRSHSHLD YIELD ETF0.26%$4M62.3K
63GSGOLDMAN SACHS GROUP INCCOM0.25%$4M7.2K
64SPYSPDR S&P 500 ETF TRTR UNIT0.24%$4M6.8K
65CSCOCISCO SYS INCCOM0.24%$4M66.7K
66XLESELECT SECTOR SPDR TRENERGY · SBI CONS STPLS · TECHNOLOGY · SBI HEALTHCARE · SBI CONS DISCR0.24%$4M37.3K
67WFCWELLS FARGO CO NEWCOM0.24%$4M55.4K
68ABBVABBVIE INCCOM0.24%$4M21.8K
69QCOMQUALCOMM INCCOM0.24%$4M25.2K
70AMDADVANCED MICRO DEVICES INCCOM0.23%$4M31.5K
71FASTFASTENAL COCOM0.23%$4M52.6K
72MGCVANGUARD WORLD FDMEGA CAP INDEX · INF TECH ETF · UTILITIES ETF0.23%$4M16.8K
73MCDMCDONALDS CORPCOM0.23%$4M12.9K
74NVONOVO-NORDISK A SADR0.23%$4M43.2K
75BLDRBUILDERS FIRSTSOURCE INCCOM0.23%$4M26.0K
76NOWSERVICENOW INCCOM0.22%$4M3.5K
77NFLXNETFLIX INCCOM0.22%$4M4.1K
78ORCLORACLE CORPCOM0.22%$4M21.7K
79RBB FD INCUS TREAS 5 YR NT · US TREASR 10 YR · US TREASY 2 YR0.22%$4M77.8K
80CTBICOMMUNITY TR BANCORP INCCOM0.21%$4M66.3K
81HONHONEYWELL INTL INCCOM0.21%$3M15.4K
82INTUINTUITCOM0.21%$3M5.5K
83TCAFT ROWE PRICE ETF INCCAP APPRECIATION · PRICE DIV GRWT · SMALL MID CAP0.21%$3M95.5K
84PEPPEPSICO INCCOM0.21%$3M22.2K
85PNCPNC FINL SVCS GROUP INCCOM0.20%$3M17.4K
86PGRPROGRESSIVE CORPCOM0.20%$3M13.7K
87CAVACAVA GROUP INCCOM0.20%$3M28.9K
88AMGNAMGEN INCCOM0.20%$3M12.5K
89ASMLASML HOLDING N VN Y REGISTRY SHS0.19%$3M4.5K
90RACEFERRARI N VCOM0.19%$3M7.4K
91CGGRCAPITAL GROUP GROWTH ETFSHS CREATION UNI0.19%$3M82.8K
92CGDVCAPITAL GROUP DIVIDEND VALUESHS CREATION UNI0.19%$3M86.6K
93RTXRTX CORPORATIONCOM0.19%$3M26.3K
94GLWCORNING INCCOM0.19%$3M64.0K
95MRKMERCK & CO INCCOM0.18%$3M30.2K
96PGPROCTER AND GAMBLE COCOM0.18%$3M17.4K
97MINTPIMCO ETF TRENHAN SHRT MA AC · MULTISECTOR BD0.18%$3M54.0K
98CHDCHURCH & DWIGHT CO INCCOM0.17%$3M27.1K
99FISVFISERV INCCOM0.17%$3M13.6K
100ETF SER SOLUTIONSDISTILLATE US0.17%$3M50.2K

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 ↗

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 ↗.