SEC 13F Intelligence

Managers / Q4 2021 · view latest →

Balentine LLC

CIK 0001586678 · 3344 PEACHTREE ROAD, SUITE 2200, ATLANTA, GA, 30326 · 404-537-4800

Reported Value
$2.0B
Q4 2021
Positions
176
Filings on Record
33
2019–present window
Filed
Feb 2, 2022
original filing

Summary

Balentine LLC reported $2.0B in U.S.-listed holdings across 176 positions for Q4 2021.

The portfolio is heavily concentrated: Vanguard Scottsdale Fds alone accounts for 60.3% of reported value.

Compared with Q3 2021, the fund opened 62 new positions and exited 210.

Portfolio Metrics

Turnover
+8.5%
vs prior filed quarter
Top-10 Concentration
+94.6%
share of reported value
Largest Position
+60.3%
Vanguard Scottsdale Fds
New / Exited
62 / 210
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: $1.3BQ4 ’18Q1 ’19: $1.4BQ2 ’19: $1.7BQ3 ’19: $1.7BQ1 ’20: $1.5BQ1 ’20Q2 ’20: $1.8BQ3 ’20: $2.0BQ4 ’20: $2.2BQ1 ’21: $2.3BQ1 ’21Q2 ’21: $2.5BQ3 ’21: $2.5BQ4 ’21: $2.0BQ1 ’22: $2.1BQ1 ’22Q2 ’22: $2.7BQ3 ’22: $2.6BQ4 ’22: $2.9BQ1 ’23: $3.0BQ1 ’23Q2 ’23: $3.0BQ3 ’23: $3.0BQ4 ’23: $3.1BQ1 ’24: $3.4BQ1 ’24Q2 ’24: $2.2BQ3 ’24: $2.5BQ4 ’24: $2.5BQ1 ’25: $2.4BQ1 ’25Q2 ’25: $2.6BQ3 ’25: $2.7BQ4 ’25: $2.6BQ1 ’26: $2.5BQ1 ’26filingsflow.com

Portfolio Composition

By security type
ETP: 94.8%Common Stock: 4.2%Other: 0.6%ADR: 0.2%REIT: 0.1%Other: 0.0%
  • ETP · 94.8% · $1.9B
  • Common Stock · 4.2% · $84M
  • Other · 0.6% · $12M
  • ADR · 0.2% · $4M
  • REIT · 0.1% · $3M
  • Other · 0.0% · $262,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
NGVTINGEVITY CORPNEW+22.7K22.7K+$2M$2M
CNCCENTENE CORP DELNEW+8.0K8.0K+$656,000$656,000
GMGENERAL MTRS CONEW+10.3K10.3K+$601,000$601,000
BKNGBOOKING HOLDINGS INCNEW+229229+$549,000$549,000
KMIKINDER MORGAN INC DELNEW+33.8K33.8K+$536,000$536,000
MRNAMODERNA INCNEW+2.1K2.1K+$534,000$534,000
VDEVANGUARD WORLD FDSNEW+6.6K6.6K+$514,000$514,000
SHOPSHOPIFY INCNEW+327327+$450,000$450,000

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

Holdings — Q4 2021

47 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VANGUARD SCOTTSDALE FDSVNG RUS1000VAL60.31%$1.2B16.18M
2INVESCO EXCHANGE TRADED FD TS&P500 PUR VAL20.81%$412M5.09M
3ISHARES TRCORE MSCI EAFE4.55%$90M1.20M
4XLESELECT SECTOR SPDR TRhistory →ENERGY4.02%$79M1.43M
5ISHARES INCCORE MSCI EMKT1.90%$38M628.2K
6SPDR INDEX SHS FDSPORTFOLIO EMG MK · PORTFOLIO DEVLPD · PORTFLI MSCI GBL1.45%$29M675.4K
7SPDR SER TRPORTFOLI S&P15001.16%$23M391.6K
8INVESCO EXCH TRADED FD TR IIS&P 500 ENHNCD0.43%$8M189.5K
9GOOGLALPHABET INCCAP STK CL A · CAP STK CL C0.38%$8M2.6K
10NVDANVIDIA CORPORATIONCOM0.23%$5M15.5K
11UNHUNITEDHEALTH GROUP INCCOM0.22%$4M8.8K
12METAMETA PLATFORMS INCCL A0.22%$4M13.0K
13EXMOCEXXON MOBIL CORPCOM0.22%$4M70.6K
14JPMJPMORGAN CHASE & COCOM0.20%$4M24.7K
15ACCENTURE PLC IRELANDSHS CLASS A0.17%$3M8.1K
16CSCOCISCO SYS INCCOM0.16%$3M50.9K
17TFCTRUIST FINL CORPCOM0.11%$2M35.8K
18MRKMERCK & CO INCCOM0.09%$2M23.8K
19ADBEADOBE SYSTEMS INCORPORATEDCOM0.09%$2M3.2K
20NEENEXTERA ENERGY INCCOM0.09%$2M18.4K
21BACVERIZON COMMUNICATIONS INCCOM0.09%$2M32.9K
22NGVTINGEVITY CORPCOM0.08%$2M22.7K
23ABBVABBVIE INCCOM0.08%$2M11.9K
24TSLATESLA INCCOM0.08%$2M1.5K
25ASML HOLDING N VN Y REGISTRY SHS0.08%$2M2.0K
26BLKCHFBLACKROCK INCCOM0.08%$2M1.7K
27COSTCOSTCO WHSL CORP NEWCOM0.08%$2M2.7K
28MMM3M COCOM0.07%$1M7.7K
29WRKUSDWESTROCK COCOM0.06%$1M28.3K
30VVISA INCCOM CL A0.06%$1M5.6K
31CHUBB LIMITEDCOM0.06%$1M6.2K
32LINDE PLCSHS0.06%$1M3.3K
33SPDR S&P 500 ETF TRTR UNIT0.06%$1M2.4K
34RFREGIONS FINANCIAL CORP NEWCOM0.06%$1M51.9K
35COPCONOCOPHILLIPSCOM0.06%$1M15.3K
36MAMASTERCARD INCORPORATEDCL A0.05%$1M3.0K
37CMCSACOMCAST CORP NEWCL A0.05%$1M20.3K
38CRMSALESFORCE COM INCCOM0.05%$930,0003.7K
39MOALTRIA GROUP INCCOM0.04%$871,00018.4K
40METMETLIFE INCCOM0.04%$783,00012.5K
41PYPLPAYPAL HLDGS INCCOM0.04%$745,0004.0K
42GSGOLDMAN SACHS GROUP INCCOM0.04%$741,0001.9K
43MPCMARATHON PETE CORPCOM0.04%$734,00011.5K
44VLOVALERO ENERGY CORPCOM0.03%$688,0009.2K
45PEOEXELON CORPCOM0.03%$686,00011.9K
46PLDPROLOGIS INC.COM0.03%$678,0004.0K
47CNCCENTENE CORP DELCOM0.03%$656,0008.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$2.5B219Apr 24, 202613F-HRchanges · EDGAR ↗
Q4 2025$2.6B224Feb 2, 202613F-HRchanges · EDGAR ↗
Q3 2025$2.7B234Nov 7, 202513F-HRchanges · EDGAR ↗
Q2 2025$2.6B203Aug 4, 202513F-HRchanges · EDGAR ↗
Q1 2025$2.4B199May 5, 202513F-HRchanges · EDGAR ↗
Q4 2024$2.5B181Jan 29, 202513F-HRchanges · EDGAR ↗
Q3 2024$2.5B221Oct 30, 202413F-HRchanges · EDGAR ↗
Q2 2024$2.2B189Aug 7, 202413F-HRchanges · EDGAR ↗
Q1 2024$3.4B589May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$3.1B577Feb 9, 202413F-HRchanges · EDGAR ↗
Q3 2023$3.0B556Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$3.0B566Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$3.0B602May 11, 202313F-HRchanges · EDGAR ↗
Q4 2022$2.9B644Jan 31, 202313F-HRchanges · EDGAR ↗
Q3 2022$2.6B606Oct 26, 202213F-HRchanges · EDGAR ↗
Q2 2022$2.7B639Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$2.1B276May 6, 202213F-HRchanges · EDGAR ↗
Q4 2021$2.0B176Feb 2, 202213F-HRchanges · EDGAR ↗
Q3 2021$2.5B325Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$2.5B225Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$2.3B208May 10, 202113F-HRchanges · EDGAR ↗
Q4 2020$2.2B179Feb 8, 202113F-HRchanges · EDGAR ↗
Q3 2020$2.0B149Nov 2, 202013F-HRchanges · EDGAR ↗
Q2 2020$1.8B941Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$1.5B653May 18, 202013F-HRchanges · EDGAR ↗
Q3 2019$1.7B728Nov 15, 201913F-HRchanges · EDGAR ↗
Q2 2019$1.7B756Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$1.4B434May 16, 201913F-HRchanges · EDGAR ↗
Q4 2018$1.3B434Feb 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 ↗.