SEC 13F Intelligence

Managers / Q2 2020 · view latest →

Barton Investment Management

CIK 0001387818 · ONE TOWER BRIDGE, 100 FRONT STREET, SUITE 980, WEST CONSHOHOCKEN, PA, 19428 · 610-226-4040

Reported Value
$983M
Q2 2020
Positions
40
Filings on Record
32
2019–present window
Filed
Aug 17, 2020
original filing

Summary

Barton Investment Management reported $983M in U.S.-listed holdings across 40 positions for Q2 2020.

The portfolio is heavily concentrated: SHOP alone accounts for 25.8% of reported value.

Compared with Q1 2020, the fund opened 2 new positions and exited 1.

Portfolio Metrics

Turnover
+0.2%
vs prior filed quarter
Top-10 Concentration
+90.6%
share of reported value
Largest Position
+25.8%
Shopify
New / Exited
2 / 1
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: $501MQ4 ’18Q1 ’19: $599MQ2 ’19: $669MQ3 ’19: $597MQ4 ’19: $644MQ4 ’19Q1 ’20: $645MQ2 ’20: $983MQ3 ’20: $1.0BQ4 ’20: $1.2BQ4 ’20Q1 ’21: $1.1BQ2 ’21: $1.2BQ3 ’21: $1.2BQ4 ’21: $1.2BQ4 ’21Q1 ’22: $789MQ2 ’22: $495MQ3 ’22: $492MQ4 ’22: $509MQ4 ’22Q1 ’23: $568MQ2 ’23: $666MQ3 ’23: $619MQ4 ’23: $763MQ4 ’23Q1 ’24: $824MQ2 ’24: $752MQ3 ’24: $800MQ4 ’24: $943MQ4 ’24Q1 ’25: $814MQ2 ’25: $965MQ3 ’25: $982MQ4 ’25: $928MQ4 ’25Q1 ’26: $797Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 92.2%REIT: 7.4%Other: 0.2%ETP: 0.2%
  • Common Stock · 92.2% · $906M
  • REIT · 7.4% · $73M
  • Other · 0.2% · $2M
  • ETP · 0.2% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ETSYEtsy Inc comNEW+2.5K2.5K+$266,000$266,000
8CWCrown Castle IntlNEW+1.2K1.2K+$201,000$201,000
MOAltria Group IncSOLD OUT−4.7K0−$183,000$0
EXMOCExxon MobilTRIMMED−9.6K14.6K−$264,000$654,000
AVLRUSDAvalara IncADDED+57.4K230.5K+$18M$31M
4I1Philip Morris Intl IncTRIMMED−1.3K5.8K−$114,000$403,000
OKTAOkta IncADDED+22.7K151.3K+$15M$30M
Berkshire Hathaway Cl BTRIMMED−2.7K13.1K−$551,000$2M

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

Holdings — Q2 2020

39 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SHOPShopify Inchistory →COM25.82%$254M267.5K
2NFLXNetflix Inchistory →COM21.77%$214M470.4K
3AMZNAmazon.comhistory →COM11.85%$117M42.2K
4PYPLPaypal Hldgshistory →COM6.24%$61M352.2K
5COUPEURCoupa Software Inc Comhistory →COM6.02%$59M213.6K
6BLBlackline Inchistory →COM5.08%$50M602.9K
7AMTAmerican Towerhistory →COM4.08%$40M155.3K
8EAElectronic Artshistory →COM3.31%$33M246.4K
9EQIXEquinix Inchistory →COM3.28%$32M45.9K
10AVLRUSDAvalara Inchistory →COM3.12%$31M230.5K
11OKTAOkta Inchistory →COM3.08%$30M151.3K
12ALAir Lease Corphistory →COM2.22%$22M745.5K
13QCOMQualcommCOM0.62%$6M66.8K
14MSFTMicrosoftCOM0.58%$6M28.0K
15GOOGLAlphabet Inc Class ACOM0.37%$4M2.6K
16TROWT Rowe Price GroupCOM0.32%$3M25.8K
17JNJJohnson & JohnsonCOM0.28%$3M19.6K
18BRK/ABerkshire Hathaway Class A 1/100COM0.27%$3M10
19Berkshire Hathaway Cl BCOM0.24%$2M13.1K
20Vanguard Total Stock MarketCOM0.22%$2M14.0K
21AAPLApple Computer IncCOM0.19%$2M5.1K
22ADBEAdobe SystemsCOM0.14%$1M3.2K
23ABBVAbbvie IncCOM0.09%$883,0009.0K
24ABTAbbott LaboratoriesCOM0.08%$822,0009.0K
25MRKMerck & Co IncCOM0.08%$818,00010.6K
26DISDisney Walt CoCOM0.07%$656,0005.9K
27EXMOCExxon MobilCOM0.07%$654,00014.6K
28ORCLOracleCOM0.06%$629,00011.4K
29CICignaCOM0.06%$561,0003.0K
30ICUII C U MedicalCOM0.05%$516,0002.8K
31TFXTeleflex IncorporatedCOM0.04%$437,0001.2K
32NTRSNorthern Trust CorporationCOM0.04%$435,0005.5K
33ADPAuto Data ProcessingCOM0.04%$417,0002.8K
344I1Philip Morris Intl IncCOM0.04%$403,0005.8K
35AXPAmerican ExpressCOM0.04%$368,0003.9K
36CLColgate-Palmolive CoCOM0.03%$293,0004.0K
37PFEPfizer IncorporatedCOM0.03%$284,0008.7K
38ETSYEtsy Inc comCOM0.03%$266,0002.5K
398CWCrown Castle IntlCOM0.02%$201,0001.2K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$797M54Apr 20, 202613F-HRchanges · EDGAR ↗
Q4 2025$928M52Jan 21, 202613F-HRchanges · EDGAR ↗
Q3 2025$982M51Oct 21, 202513F-HRchanges · EDGAR ↗
Q2 2025$965M48Jul 21, 202513F-HRchanges · EDGAR ↗
Q1 2025$814M46Apr 11, 202513F-HRchanges · EDGAR ↗
Q4 2024$943M48Jan 27, 202513F-HRchanges · EDGAR ↗
Q3 2024$800M49Oct 17, 202413F-HRchanges · EDGAR ↗
Q2 2024$752M43Jul 18, 202413F-HRchanges · EDGAR ↗
Q1 2024$824M46Apr 26, 202413F-HRchanges · EDGAR ↗
Q4 2023$763M47Jan 24, 2024RESTATEMENTchanges · EDGAR ↗
Q3 2023$619M45Oct 16, 202313F-HRchanges · EDGAR ↗
Q2 2023$666M44Jul 24, 202313F-HRchanges · EDGAR ↗
Q1 2023$568M42Apr 18, 202313F-HRchanges · EDGAR ↗
Q4 2022$509M43Jan 26, 202313F-HRchanges · EDGAR ↗
Q3 2022$492M41Oct 20, 202213F-HRchanges · EDGAR ↗
Q2 2022$495M41Jul 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$789M41Apr 20, 202213F-HRchanges · EDGAR ↗
Q4 2021$1.2B43Jan 18, 202213F-HRchanges · EDGAR ↗
Q3 2021$1.2B40Oct 18, 202113F-HRchanges · EDGAR ↗
Q2 2021$1.2B41Jul 26, 202113F-HRchanges · EDGAR ↗
Q1 2021$1.1B39Apr 16, 202113F-HRchanges · EDGAR ↗
Q4 2020$1.2B40Jan 13, 202113F-HRchanges · EDGAR ↗
Q3 2020$1.0B41Oct 19, 202013F-HRchanges · EDGAR ↗
Q2 2020$983M40Aug 17, 202013F-HRchanges · EDGAR ↗
Q1 2020$645M39Apr 30, 202013F-HRchanges · EDGAR ↗
Q4 2019$644M42Jan 22, 202013F-HRchanges · EDGAR ↗
Q3 2019$597M38Oct 16, 201913F-HRchanges · EDGAR ↗
Q2 2019$669M40Jul 18, 201913F-HRchanges · EDGAR ↗
Q1 2019$599M40Apr 24, 201913F-HRchanges · EDGAR ↗
Q4 2018$501M41Jan 22, 2019RESTATEMENTchanges · 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 ↗.