SEC 13F Intelligence

Managers / Q4 2022 · view latest →

Hayek Kallen Investment Management

CIK 0001430681 · 50 SOUTH CHURCH STREET, SUITE C, FAIRHOPE, AL, 36532 · 251-928-8999

Reported Value
$217M
Q4 2022
Positions
83
Filings on Record
30
2019–present window
Filed
Feb 9, 2023
original filing

Summary

Hayek Kallen Investment Management reported $217M in U.S.-listed holdings across 83 positions for Q4 2022.

Its largest position, AAPL, represents 9.0% of the portfolio.

Compared with Q3 2022, the fund opened 2 new positions and exited 1.

Portfolio Metrics

Turnover
+5.6%
vs prior filed quarter
Top-10 Concentration
+43.1%
share of reported value
Largest Position
+9.0%
Apple
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, 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: $140MQ4 ’18Q1 ’19: $154MQ2 ’19: $158MQ3 ’19: $160MQ4 ’19: $173MQ4 ’19Q1 ’20: $149MQ3 ’20: $179MQ4 ’20: $207MQ1 ’21: $222MQ1 ’21Q2 ’21: $238MQ3 ’21: $219MQ4 ’21: $280MQ1 ’22: $270MQ1 ’22Q2 ’22: $230MQ3 ’22: $213MQ4 ’22: $217MQ1 ’23: $221MQ1 ’23Q2 ’23: $235MQ3 ’23: $223MQ4 ’23: $240MQ1 ’24: $261MQ1 ’24Q2 ’24: $268MQ3 ’24: $282MQ4 ’24: $275MQ1 ’25: $272MQ1 ’25Q2 ’25: $294MQ3 ’25: $317MQ1 ’26: $307Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 83.1%ETP: 11.4%ADR: 4.3%Other: 0.6%Closed-End Fund: 0.5%
  • Common Stock · 83.1% · $180M
  • ETP · 11.4% · $25M
  • ADR · 4.3% · $9M
  • Other · 0.6% · $1M
  • Closed-End Fund · 0.5% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CCITIGROUP INCNEW+5.2K5.2K+$235,000$235,000
KMBKIMBERLY-CLARK CORPNEW+1.6K1.6K+$219,000$219,000
ADXADAMS DIVERSIFIED EQUITY FDSOLD OUT−11.4K0−$167,000$0
NDMONUVEEN DYNAMIC MUN OPPORTUNITRIMMED−44.0K18.0K−$458,000$179,000
RFMZRIVERNORTH FLEXIBLE MUNI INCTRIMMED−66.1K27.8K−$868,000$376,000
NZFNUVEEN MUNICIPAL CREDIT INCTRIMMED−55.5K23.8K−$614,000$287,000
NPCTNUVEEN CORE PLUS IMPACT FUNDTRIMMED−30.8K22.0K−$312,000$228,000
VTEBVANGUARD MUN BD FDSTRIMMED−4.9K5.3K−$229,000$262,000

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

Holdings — Q4 2022

80 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLAPPLE INChistory →COM9.00%$20M150.3K
2MSFTMICROSOFT CORPhistory →COM7.17%$16M64.8K
3BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW5.46%$12M38.3K
4JPSTJ P MORGAN EXCHANGE TRADED Fhistory →ULTRA SHRT INC3.51%$8M152.1K
5WMWASTE MGMT INC DELhistory →COM3.49%$8M48.2K
6VGSHVANGUARD SCOTTSDALE FDShistory →SHORT TERM TREAS3.31%$7M124.4K
7TMOTHERMO FISHER SCIENTIFIC INChistory →COM3.13%$7M12.3K
8JNJJOHNSON & JOHNSONhistory →COM2.89%$6M35.5K
9WMTWALMART INChistory →COM2.76%$6M42.2K
10GOOGLALPHABET INChistory →CAP STK CL A2.40%$5M59.0K
11ABBVABBVIE INChistory →COM2.39%$5M32.1K
12PFEPFIZER INChistory →COM2.39%$5M101.0K
13KOCOCA COLA COhistory →COM2.24%$5M76.5K
14NVONOVO-NORDISK A Shistory →ADR2.18%$5M34.9K
15VVISA INChistory →COM CL A2.07%$4M21.6K
16UNPUNION PAC CORPhistory →COM2.06%$4M21.6K
17ORCLORACLE CORPhistory →COM2.03%$4M53.8K
18PEPPEPSICO INChistory →COM1.98%$4M23.8K
19VZVERIZON COMMUNICATIONS INChistory →COM1.84%$4M101.3K
20NVSNOVARTIS A Ghistory →SPONSORED ADR1.69%$4M40.3K
21JPMJPMORGAN CHASE & COhistory →COM1.68%$4M27.3K
22IBMINTERNATIONAL BUSINESS MACHShistory →COM1.65%$4M25.4K
23AGGISHARES TRCORE US AGGBD ET · SHRT NAT MUN ETF · RUSSELL 2000 ETF1.62%$4M35.0K
24ACNACCENTURE PLC IRELANDhistory →SHS CLASS A1.56%$3M12.7K
25CATCATERPILLAR INC DELhistory →COM1.55%$3M14.0K
26MCDMCDONALDS CORPhistory →COM1.50%$3M12.3K
27SCHPSCHWAB STRATEGIC TRUS TIPS ETF · US DIVIDEND EQ1.49%$3M60.0K
28MRKMERCK & CO INChistory →COM1.38%$3M27.1K
29PMPHILIP MORRIS INTL INChistory →COM1.38%$3M29.6K
30TGTTARGET CORPhistory →COM1.30%$3M18.9K
31INTCINTEL CORPhistory →COM1.26%$3M103.2K
32SOSOUTHERN COhistory →COM1.13%$2M34.5K
33CVXCHEVRON CORP NEWhistory →COM1.07%$2M13.0K
34EXMOCEXXON MOBIL CORPhistory →COM1.01%$2M19.9K
35CVSCVS HEALTH CORPCOM0.97%$2M22.5K
36NVDANVIDIA CORPCOM0.95%$2M14.0K
37LOWLOWES COS INCCOM0.90%$2M9.8K
38MOALTRIA GROUP INCCOM0.89%$2M42.5K
39VYMVANGUARD WHITEHALL FDSHIGH DIV YLD0.80%$2M16.1K
40AMZNAMAZON COM INCCOM0.79%$2M20.4K
41DDOMINION ENERGY INCCOM0.77%$2M27.1K
42CSCOCISCO SYS INCCOM0.72%$2M33.0K
43USBUS BANCORP DELCOM NEW0.64%$1M31.9K
44HDHOME DEPOT INCCOM0.64%$1M4.4K
45ZTSZOETIS INCCL A0.61%$1M9.0K
46QQQINVESCO QQQ TRUNIT SER 10.58%$1M4.7K
47DUKDUKE ENERGY CORP NEWCOM NEW0.47%$1M9.9K
48ICLRICON PLCSHS0.45%$971,0005.0K
49SHELSHELL PLCSPON ADS0.37%$796,00014.0K
50NSCNORFOLK SOUTHN CORPCOM0.37%$793,0003.2K
51RAYTHEON TECHNOLOGIES CORPCOM0.35%$749,0007.4K
52TAT&T INCCOM0.34%$742,00040.3K
53ABTABBOTT LABSCOM0.33%$722,0006.6K
54DISDISNEY WALT COCOM DISNEY0.33%$720,0008.3K
55SBUXSTARBUCKS CORPCOM0.30%$661,0006.7K
56DGDOLLAR GEN CORP NEWCOM0.29%$633,0002.6K
57ADPAUTOMATIC DATA PROCESSING INCOM0.28%$609,0002.5K
58PGPROCTER AND GAMBLE COCOM0.27%$588,0003.9K
59BABOEING COCOM0.26%$554,0002.9K
60DEDEERE & COCOM0.25%$548,0001.3K
61HONHONEYWELL INTL INCCOM0.22%$467,0002.2K
62GLGLOBE LIFE INCCOM0.21%$460,0003.8K
63NEENEXTERA ENERGY INCCOM0.18%$390,0004.7K
64TFCTRUIST FINL CORPCOM0.18%$389,0009.0K
65RFMZRIVERNORTH FLEXIBLE MUNI INCCOM0.17%$376,00027.8K
66AMARIN CORP PLCSPONS ADR NEW0.16%$345,000285.2K
67MDLZMONDELEZ INTL INCCL A0.14%$298,0004.5K
68BNYBANK NEW YORK MELLON CORPCOM0.14%$293,0006.4K
69NZFNUVEEN MUNICIPAL CREDIT INCCOM SH BEN INT0.13%$287,00023.8K
70PHPARKER HANNIFIN CORPCOM0.12%$269,000925
71VTEBVANGUARD MUN BD FDSTAX EXEMPT BD0.12%$262,0005.3K
72CCITIGROUP INCCOM NEW0.11%$235,0005.2K
73NPCTNUVEEN CORE PLUS IMPACT FUNDCOM BEN INT0.11%$228,00022.0K
74PROASSURANCE CORPCOM0.10%$225,00012.9K
75KMBKIMBERLY-CLARK CORPCOM0.10%$219,0001.6K
76WFCWELLS FARGO CO NEWCOM0.09%$201,0004.9K
77NDMONUVEEN DYNAMIC MUN OPPORTUNICOM SHS0.08%$179,00018.0K
78BRBSBLUE RIDGE BANKSHARES INC VACOM0.08%$165,00013.2K
79BTXBLACKROCK INNOVATION AND GRWSHS BEN INT0.05%$119,00017.5K
80BBVABANCO BILBAO VIZCAYA ARGENTASPONSORED ADR0.04%$76,00012.6K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$307M92May 15, 202613F-HRchanges · EDGAR ↗
Q3 2025$317M94Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$294M94Aug 15, 202513F-HRchanges · EDGAR ↗
Q1 2025$272M92May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$275M91Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$282M94Oct 15, 202413F-HRchanges · EDGAR ↗
Q2 2024$268M92Jul 18, 202413F-HRchanges · EDGAR ↗
Q1 2024$261M93May 3, 202413F-HRchanges · EDGAR ↗
Q4 2023$240M87Feb 8, 202413F-HRchanges · EDGAR ↗
Q3 2023$223M87Nov 7, 202313F-HRchanges · EDGAR ↗
Q2 2023$235M87Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$221M84May 8, 202313F-HRchanges · EDGAR ↗
Q4 2022$217M83Feb 9, 202313F-HRchanges · EDGAR ↗
Q3 2022$213M82Oct 19, 202213F-HRchanges · EDGAR ↗
Q2 2022$230M85Aug 11, 202213F-HRchanges · EDGAR ↗
Q1 2022$270M91May 9, 202213F-HRchanges · EDGAR ↗
Q4 2021$280M94Feb 8, 202213F-HRchanges · EDGAR ↗
Q3 2021$219M71Oct 6, 202113F-HRchanges · EDGAR ↗
Q2 2021$238M76Aug 12, 202113F-HRchanges · EDGAR ↗
Q1 2021$222M73May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$207M73Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$179M66Nov 12, 202013F-HRchanges · EDGAR ↗
Q1 2020$149M65Apr 22, 202013F-HRchanges · EDGAR ↗
Q4 2019$173M65Feb 13, 202013F-HRchanges · EDGAR ↗
Q3 2019$160M66Nov 5, 201913F-HRchanges · EDGAR ↗
Q2 2019$158M67Jul 17, 201913F-HRchanges · EDGAR ↗
Q1 2019$154M68May 9, 201913F-HRchanges · EDGAR ↗
Q4 2018$140M65Jan 16, 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 ↗.