SEC 13F Intelligence

Managers / Q1 2020

Willingdon Wealth Management

CIK 0001577773 · 13801 REESE BLVD, STE 155, HUNTERSVILLE, NC, 28078 · 704-659-7810

Reported Value
$397M
Q1 2020
Positions
307
Filings on Record
6
2019–present window
Filed
Apr 21, 2020
original filing

Summary

Willingdon Wealth Management reported $397M in U.S.-listed holdings across 307 positions for Q1 2020.

Its largest position, MSFT, represents 7.2% of the portfolio.

Compared with Q4 2019, the fund opened 17 new positions and exited 100.

Portfolio Metrics

Turnover
+12.8%
vs prior filed quarter
Top-10 Concentration
+34.4%
share of reported value
Largest Position
+7.2%
Microsoft
New / Exited
17 / 100
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: $347MQ4 ’18Q1 ’19: $407MQ1 ’19Q2 ’19: $431MQ2 ’19Q3 ’19: $455MQ3 ’19Q4 ’19: $486MQ4 ’19Q1 ’20: $397MQ1 ’20filingsflow.com

Portfolio Composition

By security type
Common Stock: 70.6%ETP: 20.9%REIT: 5.3%ADR: 2.0%Other: 1.2%Other: 0.0%
  • Common Stock · 70.6% · $280M
  • ETP · 20.9% · $83M
  • REIT · 5.3% · $21M
  • ADR · 2.0% · $8M
  • Other · 1.2% · $5M
  • Other · 0.0% · $11,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ISHARES TRNEW+46.5K46.5K+$6M$6M
ISHARES TRNEW+50.0K50.0K+$6M$6M
TRANE TECHNOLOGIES PLCNEW+5.6K5.6K+$461,000$461,000
VANGUARD INDEX FDSNEW+896896+$212,000$212,000
IESCIES HLDGS INCNEW+11.7K11.7K+$207,000$207,000
SPDR DOW JONES INDL AVRG ETFNEW+903903+$198,000$198,000
IRINGERSOLL RAND INCNEW+4.9K4.9K+$122,000$122,000
WECWEC ENERGY GROUP INCNEW+1.0K1.0K+$92,000$92,000

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

Holdings — Q1 2020

45 positions
#IssuerClass% PortfolioValueShares
1ISHARES TRPFD AND INCM SEC · CORE S&P500 ETF · IBOXX INV CP ETF · BARCLAYS 7 10 YR · SHORT TREAS BD9.75%$39M530.2K
2MSFTMICROSOFT CORPhistory →COM7.22%$29M181.8K
3GQ9SPDR GOLD TRUSThistory →GOLD SHS4.68%$19M125.4K
4AAPLAPPLE INChistory →COM4.43%$18M69.1K
5PSAPUBLIC STORAGEhistory →COM3.40%$13M67.9K
6RSGREPUBLIC SVCS INChistory →COM2.50%$10M132.2K
7WMWASTE MGMT INC DELhistory →COM2.43%$10M104.3K
8ORCLORACLE CORPhistory →COM2.28%$9M187.0K
9BACVERIZON COMMUNICATIONS INChistory →COM2.06%$8M152.4K
10AMZNAMAZON COM INChistory →COM2.05%$8M4.2K
11GOOGALPHABET INChistory →CAP STK CL C2.04%$8M7.0K
12BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW1.94%$8M42.2K
13SPDR S&P 500 ETF TRTR UNIT1.84%$7M28.3K
14CHTRCHARTER COMMUNICATIONS INC Nhistory →CL A1.78%$7M16.2K
15COSTCOSTCO WHSL CORP NEWhistory →COM1.76%$7M24.5K
16FDXFEDEX CORPhistory →COM1.61%$6M52.8K
17HDHOME DEPOT INChistory →COM1.59%$6M33.8K
188CWCROWN CASTLE INTL CORP NEWhistory →COM1.58%$6M43.4K
19PFEPFIZER INChistory →COM1.50%$6M182.5K
20SPGIS&P GLOBAL INChistory →COM1.44%$6M23.3K
21URIUNITED RENTALS INChistory →COM1.41%$6M54.3K
22BDXBECTON DICKINSON & COhistory →COM1.39%$6M24.1K
23EXPDEXPEDITORS INTL WASH INChistory →COM1.39%$6M82.6K
24VVISA INChistory →COM CL A1.22%$5M30.1K
25ABBVABBVIE INChistory →COM1.21%$5M63.1K
26NVONOVO-NORDISK A Shistory →ADR1.20%$5M79.2K
27ISHARES U S ETF TRSHT MAT BD ETF1.08%$4M88.3K
28KOCOCA COLA COhistory →COM1.06%$4M95.1K
29DGDOLLAR GEN CORP NEWhistory →COM1.06%$4M27.8K
30CB1ACONSTELLATION BRANDS INChistory →CL A1.01%$4M28.1K
31SUSUNCOR ENERGY INC NEWhistory →COM1.00%$4M251.8K
32IBMINTERNATIONAL BUSINESS MACHShistory →COM1.00%$4M35.8K
33JNJJOHNSON & JOHNSONCOM1.00%$4M30.3K
34SCHWSCHWAB CHARLES CORPCOM0.99%$4M116.7K
35UNHUNITEDHEALTH GROUP INCCOM0.90%$4M14.3K
36METAFACEBOOK INCCL A0.90%$4M21.4K
37RTN1USDRAYTHEON COCOM NEW0.84%$3M25.5K
38ULTAULTA BEAUTY INCCOM0.83%$3M18.7K
39NDQINVESCO QQQ TRUNIT SER 10.74%$3M15.4K
40CSCOCISCO SYS INCCOM0.72%$3M72.8K
41PEPPEPSICO INCCOM0.71%$3M23.5K
42TAT&T INCCOM0.71%$3M96.6K
43CHVCHEVRON CORP NEWCOM0.67%$3M36.8K
44GISGENERAL MLS INCCOM0.67%$3M50.5K
45CRCCANADIAN NAT RES LTDCOM0.66%$3M192.6K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2020$397M307Apr 21, 202013F-HRchanges · EDGAR ↗
Q4 2019$486M386Feb 10, 202013F-HRchanges · EDGAR ↗
Q3 2019$455M554Nov 1, 201913F-HRchanges · EDGAR ↗
Q2 2019$431M317Aug 1, 201913F-HRchanges · EDGAR ↗
Q1 2019$407M372May 9, 201913F-HRchanges · EDGAR ↗
Q4 2018$347M353Feb 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 ↗.