SEC 13F Intelligence

Managers / Q2 2023 · view latest →

Select Asset Management & Trust

CIK 0001600636 · 4732 GETTYSBURG ROAD, SUITE 401, MECHANICSBURG, PA, 17055 · 7179721300

Reported Value
$164M
Q2 2023
Positions
76
Filings on Record
22
2021–present window
Filed
Aug 11, 2023
original filing

Summary

Select Asset Management & Trust reported $164M in U.S.-listed holdings across 76 positions for Q2 2023.

The portfolio is heavily concentrated: SPY alone accounts for 27.1% of reported value.

Compared with Q1 2023, the fund opened 9 new positions and exited 4.

Portfolio Metrics

Turnover
+7.2%
vs prior filed quarter
Top-10 Concentration
+69.8%
share of reported value
Largest Position
+27.1%
S P 500 Spiders
New / Exited
9 / 4
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 ’20: $125MQ4 ’20Q1 ’21: $150MQ2 ’21: $176MQ3 ’21: $139MQ3 ’21Q4 ’21: $151MQ1 ’22: $117MQ2 ’22: $93MQ2 ’22Q3 ’22: $84MQ4 ’22: $83MQ1 ’23: $113MQ1 ’23Q2 ’23: $164MQ3 ’23: $172MQ4 ’23: $203MQ4 ’23Q1 ’24: $241MQ2 ’24: $251MQ3 ’24: $272MQ3 ’24Q4 ’24: $258MQ1 ’25: $250MQ2 ’25: $292MQ2 ’25Q3 ’25: $325MQ4 ’25: $322MQ1 ’26: $320MQ1 ’26filingsflow.com

Portfolio Composition

By security type
ETP: 64.5%Common Stock: 34.2%Other: 0.7%ADR: 0.6%
  • ETP · 64.5% · $106M
  • Common Stock · 34.2% · $56M
  • Other · 0.7% · $1M
  • ADR · 0.6% · $945,000

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
MCDMcDonald's CorpNEW+46.0K46.0K+$14M$14M
S&P 500 Low VolatilityNEW+26.6K26.6K+$2M$2M
PNCPNC Financial Services GrNEW+8.9K8.9K+$1M$1M
IWYiShares Russell Top 200 GrowthNEW+4.5K4.5K+$721,000$721,000
HONHoneywell International INEW+1.3K1.3K+$273,000$273,000
NFLXNetfllix IncNEW+614614+$270,000$270,000
TSLATesla Motors, IncNEW+850850+$223,000$223,000
JNJJohnson & JohnsonNEW+1.3K1.3K+$221,000$221,000

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

Holdings — Q2 2023

66 positions (from 76 filing rows — )
#IssuerClass% PortfolioValueShares
1SPYS&P 500 Spidershistory →ETF27.13%$44M100.3K
2MCDMcDonald's Corphistory →COM8.38%$14M46.0K
3DIADow Diamonds - SPDR Dow Joneshistory →ETF7.98%$13M38.0K
4EFAMSCI EAFE Indexhistory →ETF5.26%$9M118.9K
5VIGVanguard Dividend Appreciationhistory →ETF5.23%$9M52.8K
6IJRiShares SC S&P 600history →ETF3.97%$7M65.3K
7MGVVanguard Mega Cap Valuehistory →ETF3.28%$5M51.8K
8VUGVanguard Growth Vipershistory →ETF3.09%$5M17.9K
9EMEEmcor Group Inchistory →COM2.80%$5M24.8K
10VDCVanguard Consumer Staplehistory →ETF2.72%$4M22.9K
11HCAHCA Inc.history →COM2.61%$4M14.1K
12CSLCarlisle Companies Inchistory →COM2.24%$4M14.3K
13AAPLApple Computer, Inc.history →COM2.03%$3M17.1K
14UTZUtz Brands, Inc.history →COM1.93%$3M193.0K
15MSFTMicrosoft Corphistory →COM1.54%$3M7.4K
16VIGIVanguard Int Div App Indexhistory →ETF1.54%$3M33.7K
17BRK/BBerkshire Hathaway Inc. Cl Bhistory →COM1.47%$2M7.1K
18S&P 500 Low VolatilityETF1.02%$2M26.6K
19JPMJ.P. Morgan ChaseCOM0.93%$2M10.5K
20PFEPfizer IncCOM0.85%$1M38.0K
21Short S&P 500 ProSharesETF SHORT0.85%$1M100.0K
22BACBank of AmericaCOM0.71%$1M40.4K
23PNCPNC Financial Services GrCOM0.69%$1M8.9K
24VVVanguard Large CapETF0.67%$1M5.4K
25SCHDSchwab US Dividend Equity ETFETF0.62%$1M14.1K
26GDXMarket Vectors Gold MinersETF0.55%$903,00030.0K
27EXMOCExxon Mobil Corp.COM0.53%$871,0008.1K
28PAYCPaycom Software IncCOM0.49%$803,0002.5K
29MAMastercardCOM0.47%$771,0002.0K
30GOOGAlphabet Inc - C SharesCOM0.46%$759,0006.3K
31TFCTruist Financial CorpCOM0.46%$758,00025.0K
32IWYiShares Russell Top 200 GrowthETF0.44%$721,0004.5K
33BBTBerkshire Hills Bancorp IncCOM0.41%$668,00032.2K
34USMViShares MSCI USA Minimum VolETF0.40%$656,0008.8K
35NEMNewmont Mining CorpCOM0.36%$589,00013.8K
36CNCCentene CorpCOM0.33%$540,0008.0K
37CVXChevron Texaco CorporationCOM0.33%$538,0003.4K
38SHELSheldahl, Inc.COM0.33%$533,0008.8K
39EHCEncompass Health CorporationCOM0.31%$500,0007.4K
40IVEiShares S&P 500 ValueETF0.26%$418,0002.6K
41LMTLockheed MartinCOM0.26%$418,000907
42NSRGYNestle SA ADRCOM0.25%$412,0003.4K
43CIE Financiere RichemonCOM0.23%$379,0002.2K
44METAMeta Platforms IncCOM0.22%$361,0001.3K
45XLFFinancial Select SectorETF0.22%$354,00010.5K
46AMZNAmazon.com IncCOM0.22%$354,0002.7K
47BXBlackstone Group LPETF0.20%$330,0003.5K
48Heineken Holding ORD EUR1.6COM0.19%$316,0003.6K
49HSYHershey Foods CorpCOM0.19%$312,0001.3K
50Pernod Ricard SA OrdCOM0.18%$292,0001.3K
51INTUIntuit IncCOM0.17%$275,000600
52HONHoneywell International ICOM0.17%$273,0001.3K
53NFLXNetfllix IncCOM0.16%$270,000614
54XLVHealth Care Select Sector SPDR FundETF0.16%$265,0002.0K
55PMPhillip Morris InternationalCOM0.16%$264,0002.7K
56IBMInternational Business EqCOM0.15%$248,0001.9K
57Unilever NV-NY sharesCOM0.14%$237,0004.6K
58WDAYWorkday IncCOM0.14%$236,0001.0K
59DVYDow Jones Select Dividend Index FundETF0.14%$224,0002.0K
60TSLATesla Motors, IncCOM0.14%$223,000850
61UNHUnited Health Group Inc.COM0.14%$222,000462
62JNJJohnson & JohnsonCOM0.13%$221,0001.3K
63UBSUBS AG RegCOM0.13%$218,00010.8K
64CRMSalesforce.comCOM0.13%$212,0001.0K
65UAUnder Armour Inc - Class CCOM0.10%$168,00025.0K
66Plymouth Rock Technologies IncCOM0.00%$3,00070.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$320M93May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$322M92Feb 10, 202613F-HRchanges · EDGAR ↗
Q3 2025$325M98Oct 30, 202513F-HRchanges · EDGAR ↗
Q2 2025$292M92Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$250M84May 12, 202513F-HRchanges · EDGAR ↗
Q4 2024$258M86Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$272M83Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$251M77Aug 12, 202413F-HRchanges · EDGAR ↗
Q1 2024$241M76May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$203M79Feb 13, 202413F-HRchanges · EDGAR ↗
Q3 2023$172M74Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$164M76Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$113M67May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$83M58Feb 9, 202313F-HRchanges · EDGAR ↗
Q3 2022$84M63Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$93M65Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$117M69May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$151M71Feb 8, 202213F-HRchanges · EDGAR ↗
Q3 2021$139M69Nov 9, 202113F-HRchanges · EDGAR ↗
Q2 2021$176M73Aug 10, 202113F-HRchanges · EDGAR ↗
Q1 2021$150M70May 13, 202113F-HRchanges · EDGAR ↗
Q4 2020$125M69Feb 12, 202113F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 1 additional manager.

  • Gardner Russo & Quinn LLC028-02635

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 ↗.