SEC 13F Intelligence

Managers / Q1 2020 · view latest →

WBH ADVISORY INC

CIK 0001259671 · 1829 REISTERSTOWN ROAD,, SUITE 225, BALTIMORE, MD, 21208 · 410-653-7979

Reported Value
$426M
Q1 2020
Positions
215
Filings on Record
29
2019–present window
Filed
May 7, 2020
original filing

Summary

Wbh Advisory Inc reported $426M in U.S.-listed holdings across 215 positions for Q1 2020.

Its largest position, Spdr S P 500, represents 13.5% of the portfolio.

Compared with Q4 2019, the fund opened 10 new positions and exited 39.

Portfolio Metrics

Turnover
+16.5%
vs prior filed quarter
Top-10 Concentration
+42.5%
share of reported value
Largest Position
+13.5%
Spdr S P 500
New / Exited
10 / 39
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. 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: $412MQ4 ’18Q1 ’19: $420MQ2 ’19: $431MQ3 ’19: $445MQ4 ’19: $489MQ4 ’19Q1 ’20: $426MQ2 ’20: $413MQ3 ’20: $495MQ4 ’20: $581MQ4 ’20Q1 ’21: $618MQ2 ’21: $682MQ3 ’21: $743MQ4 ’21: $877MQ4 ’21Q1 ’22: $815MQ2 ’22: $749MQ3 ’22: $693MQ1 ’23: $801MQ1 ’23Q2 ’23: $844MQ3 ’23: $815MQ4 ’23: $899MQ1 ’24: $972MQ1 ’24Q2 ’24: $988MQ3 ’24: $1.1BQ4 ’24: $1.1BQ1 ’25: $1.1BQ1 ’25Q2 ’25: $1.2BQ3 ’25: $1.3BQ4 ’25: $1.4BQ1 ’26: $1.3BQ1 ’26filingsflow.com

Portfolio Composition

By security type
ETP: 69.2%Common Stock: 28.0%Other: 1.8%REIT: 0.9%ADR: 0.1%
  • ETP · 69.2% · $295M
  • Common Stock · 28.0% · $119M
  • Other · 1.8% · $8M
  • REIT · 0.9% · $4M
  • ADR · 0.1% · $377,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SPDR S&P 500NEW+171.5K171.5K+$5M$5M
SPDR S&P 400 Mid CapNEW+78.3K78.3K+$2M$2M
SPDR Portfolio Sm Ca;NEW+87.4K87.4K+$2M$2M
MKC/VMcCormickNEW+11.7K11.7K+$2M$2M
Vgrd Interm BondNEW+4.6K4.6K+$412,000$412,000
MercadolibreNEW+631631+$308,000$308,000
Fidelity Total BondNEW+5.8K5.8K+$301,000$301,000
Air ProductsNEW+1.5K1.5K+$299,000$299,000

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

Holdings — Q1 2020

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SPDR S&P 500ETF14.69%$63M193.7K
2Vanguard InfoTechETF6.81%$29M137.0K
3Vanguard Total StkETF4.94%$21M163.5K
4Vanguard HealthETF3.47%$15M89.0K
5Schwab US BroadETF3.34%$14M236.0K
6Vanguard Total WorldETF2.61%$11M177.4K
7Vanguard SmallCapETF2.33%$10M86.1K
8Vanguard Ttl IntlETF1.96%$8M199.5K
9Vanguard FinETF1.90%$8M159.9K
10MSFTMicrosoft Corphistory →COM1.62%$7M43.7K
11XLCCommunication Svshistory →ETF1.57%$7M150.9K
12Vanguard Interediate GovtETF1.51%$6M91.2K
13iShares Core S&P US StockETF1.44%$6M107.1K
14Healthcare SPDRCOM1.34%$6M64.5K
15Consumer Discr SPDRETF1.30%$6M56.5K
16JNJJohnson & Johnsonhistory →COM1.23%$5M40.0K
17AAPLApple Computerhistory →COM1.23%$5M20.6K
18PGProcter & Gamblehistory →COM1.11%$5M43.2K
19Technology SPDRETF1.05%$4M55.7K
20Industrial SPDRCOM0.95%$4M68.4K
21Schwab US Lg CapETF0.91%$4M63.3K
22Vanguard Sh-Term CorpETF0.91%$4M48.8K
23PEPPepsiCoCOM0.89%$4M31.8K
24DISWalt DisneyCOM0.88%$4M38.7K
25MCDMcDonaldsCOM0.86%$4M22.1K
26Consumer Stpls SPDRETF0.84%$4M65.6K
27NDQInvesco QQQETF0.78%$3M17.5K
28Berkshire Htwy Cl BCOM0.78%$3M18.2K
29Vanguard FTSEETF0.77%$3M79.8K
30Schwab Intl EquityETF0.73%$3M120.7K
31Vgrd Idx Total BndETF0.72%$3M35.9K
32iShres Core MSCI AEFEETF0.71%$3M61.0K
33XLFFinancial SelectCOM0.71%$3M145.7K
34NKENikeCOM0.68%$3M35.1K
35INTCIntel CorpCOM0.67%$3M53.0K
36ishares Emerg MktsETF0.58%$2M61.5K
37VPUVanguard UtilitiesETF0.57%$2M19.9K
38Ishares CoreMSCIETF0.57%$2M51.3K
39COSTCostcoCOM0.56%$2M8.3K
40XLEEnergy Select SPDRETF0.56%$2M81.6K
41CSCOCisco Systems IncCOM0.54%$2M58.2K
42LLYEli Lilly CompanyCOM0.47%$2M14.4K
43XLUUtilities SPDRETF0.46%$2M35.8K
44SPDR S&P 400 Mid CapETF0.46%$2M78.3K
45KMBKimberly ClarkCOM0.46%$2M15.4K
46SPDR Portfolio Sm Ca;ETF0.45%$2M87.4K
47Real Estate Select SPDRETF0.44%$2M61.0K
48Vanguard TelecomETF0.43%$2M23.9K
49MRKMerckCOM0.42%$2M23.3K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$1.3B350Apr 27, 202613F-HRchanges · EDGAR ↗
Q4 2025$1.4B343Jan 26, 202613F-HRchanges · EDGAR ↗
Q3 2025$1.3B343Oct 30, 202513F-HRchanges · EDGAR ↗
Q2 2025$1.2B334Jul 30, 202513F-HRchanges · EDGAR ↗
Q1 2025$1.1B325May 12, 202513F-HRchanges · EDGAR ↗
Q4 2024$1.1B322Jan 31, 202513F-HRchanges · EDGAR ↗
Q3 2024$1.1B324Oct 15, 202413F-HRchanges · EDGAR ↗
Q2 2024$988M310Jul 11, 202413F-HRchanges · EDGAR ↗
Q1 2024$972M310Apr 16, 202413F-HRchanges · EDGAR ↗
Q4 2023$899M305Jan 9, 202413F-HRchanges · EDGAR ↗
Q3 2023$815M290Oct 10, 202313F-HRchanges · EDGAR ↗
Q2 2023$844M298Jul 12, 202313F-HRchanges · EDGAR ↗
Q1 2023$801M296Apr 20, 202313F-HRchanges · EDGAR ↗
Q3 2022$693M286Oct 18, 202213F-HRchanges · EDGAR ↗
Q2 2022$749M300Jul 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$815M312Apr 29, 202213F-HRchanges · EDGAR ↗
Q4 2021$877M307Jan 28, 202213F-HRchanges · EDGAR ↗
Q3 2021$743M287Oct 25, 202113F-HRchanges · EDGAR ↗
Q2 2021$682M262Jul 27, 202113F-HRchanges · EDGAR ↗
Q1 2021$618M259Apr 19, 202113F-HRchanges · EDGAR ↗
Q4 2020$581M254Jan 21, 202113F-HRchanges · EDGAR ↗
Q3 2020$495M243Oct 27, 202013F-HRchanges · EDGAR ↗
Q2 2020$413M230Aug 5, 202013F-HRchanges · EDGAR ↗
Q1 2020$426M215May 7, 202013F-HRchanges · EDGAR ↗
Q4 2019$489M244Jan 27, 202013F-HRchanges · EDGAR ↗
Q3 2019$445M237Oct 25, 201913F-HRchanges · EDGAR ↗
Q2 2019$431M233Aug 2, 201913F-HRchanges · EDGAR ↗
Q1 2019$420M232Apr 22, 201913F-HRchanges · EDGAR ↗
Q4 2018$412M224Jan 29, 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 ↗.