SEC 13F Intelligence

Managers / Q2 2023 · view latest →

Old North State Trust, LLC

CIK 0001760444 · 1250 REVOLUTION MILL DR SUITE 152, GREENSBORO, NC, 27405 · 3366466678

Reported Value
$135M
Q2 2023
Positions
148
Filings on Record
29
2019–present window
Filed
Aug 22, 2023
original filing

Summary

Old North State Trust, LLC reported $135M in U.S.-listed holdings across 148 positions for Q2 2023.

Its largest position, ISTB, represents 11.4% of the portfolio.

Compared with Q1 2023, the fund opened 1 new position and exited 309.

Portfolio Metrics

Turnover
+6.3%
vs prior filed quarter
Top-10 Concentration
+44.0%
share of reported value
Largest Position
+11.4%
Ishares Core 1 5 Year Usd Bond Etf
New / Exited
1 / 309
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
Q1 ’19: $143MQ1 ’19Q2 ’19: $138MQ3 ’19: $148MQ4 ’19: $185MQ4 ’19Q1 ’20: $138MQ2 ’20: $157MQ3 ’20: $149MQ3 ’20Q4 ’20: $129MQ1 ’21: $126MQ2 ’21: $132MQ2 ’21Q3 ’21: $112MQ4 ’21: $139MQ2 ’22: $109,363Q2 ’22Q4 ’22: $152MQ1 ’23: $144MQ2 ’23: $135MQ2 ’23Q3 ’23: $128MQ1 ’24: $118MQ2 ’24: $116MQ2 ’24Q3 ’24: $123MQ1 ’25: $157MQ2 ’25: $146MQ2 ’25Q3 ’25: $164MQ1 ’26: $168Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 64.2%ETP: 31.8%Other: 1.6%ADR: 0.8%MLP: 0.5%Other: 1.1%
  • Common Stock · 64.2% · $87M
  • ETP · 31.8% · $43M
  • Other · 1.6% · $2M
  • ADR · 0.8% · $1M
  • MLP · 0.5% · $719,000
  • Other · 1.1% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
FBKF B FINL CORP00500NEW+8.1K8.1K+$227,000$227,000
DDominion Energy IncSOLD OUT−5.3K0−$294,000$0
UPSUnited Parcel Service IncSOLD OUT−1.2K0−$229,000$0
CCICrown Castle International CorpSOLD OUT−1.7K0−$223,000$0
PMPhilip Morris International InSOLD OUT−2.0K0−$196,000$0
LEGLeggett & Platt IncSOLD OUT−6.0K0−$191,000$0
MSMorgan StanleySOLD OUT−2.2K0−$190,000$0
DDDuPont de Nemours IncSOLD OUT−2.6K0−$189,000$0

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

Holdings — Q2 2023

147 positions (from 148 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ISTBiShares Core 1-5 Year USD Bond ETFhistory →CORE 1 5 YR USD11.37%$15M329.8K
2AAPLApple Inchistory →COM6.77%$9M47.2K
3FNBFNB Corp/PAhistory →COM5.50%$7M651.1K
4CWBSPDR Blmbg Barclays Convert Secs ETFhistory →BBG CONV SEC ETF4.17%$6M80.7K
5SPYSPDR S&P 500 ETFhistory →TR UNIT3.96%$5M12.1K
6MSFTMicrosoft Corphistory →COM3.66%$5M14.5K
7LLYEli Lilly & Cohistory →COM2.55%$3M7.4K
8RYRoyal Bank of Canadahistory →COM2.54%$3M36.0K
9DUKDuke Energy Corphistory →COM NEW1.76%$2M26.6K
10AJGArthur J Gallagher & Cohistory →COM1.71%$2M10.5K
11USMViShares Edge MSCI Min Vol USA ETFhistory →MSCI USA MIN VOL1.39%$2M25.3K
12PGProcter & Gamble Co/Thehistory →COM1.31%$2M11.7K
13NVDANVIDIA Corphistory →COM1.29%$2M4.1K
14JNJJohnson & Johnsonhistory →COM1.15%$2M9.4K
15SOSouthern Co/Thehistory →COM1.14%$2M21.9K
16Invesco S&P 500 Low Volatility ETFS&P500 LOW VOL1.13%$2M24.4K
17DVYiShares Select Dividend ETFhistory →SELECT DIVID ETF1.13%$2M13.4K
18IJHiShares Core S&P Mid-Cap ETFhistory →CORE S&P MCP ETF1.12%$2M5.8K
19HDHome Depot Inc/Thehistory →COM1.10%$1M4.8K
20CSCOCisco Systems Inchistory →COM1.05%$1M27.4K
21iShares Core Total USD Bond Market ETFCORE TOTAL USD1.02%$1M30.4K
22IWMiShares Russell 2000 ETFRUSSELL 2000 ETF0.98%$1M7.1K
23TFCTruist Financial CorpCOM0.96%$1M43.0K
24IJRiShares Core S&P Small-Cap ETFCORE S&P SCP ETF0.95%$1M12.9K
25VTIVanguard Total Stock Market ETFTOTAL STK MKT0.90%$1M5.5K
26MRKMerck & Co IncCOM0.89%$1M10.5K
27KOCoca-Cola Co/TheCOM0.89%$1M19.9K
28ABBVAbbVie IncCOM0.87%$1M8.8K
29BMYBristol-Myers Squibb CoCOM0.86%$1M18.1K
30MCDMcDonald's CorpCOM0.83%$1M3.8K
31PFEPfizer IncCOM0.81%$1M30.0K
32COSTCostco Wholesale CorpCOM0.81%$1M2.0K
33VZVerizon Communications IncCOM0.78%$1M28.5K
341/100 BERKSHIRE HTWY CLA 100 SCOM0.77%$1M200
35GPCGenuine Parts CoCOM0.76%$1M6.1K
36BRK/BBerkshire Hathaway Inc Class BCL B NEW0.75%$1M3.0K
37GOOGAlphabet Inc Class CCAP STK CL C · CAP STK CL A0.75%$1M8.4K
38AMZNAmazon.com IncCOM0.74%$999,0007.7K
39PEPPepsiCo IncCOM0.67%$909,0004.9K
40WMTWalmart IncCOM0.59%$801,0005.1K
41INTCIntel CorpCOM0.58%$784,00023.4K
42MDYSPDR S&P MidCap 400 ETFUTSER1 S&PDCRP0.57%$775,0001.6K
43EXMOCExxon Mobil CorpCOM0.56%$758,0007.1K
44CMGChipotle Mexican Grill INCCOM0.53%$721,000337
45MDLZMondelez International IncCL A0.53%$713,0009.8K
46VEAVanguard FTSE Developed Markets ETFVAN FTSE DEV MKT0.52%$697,00015.1K
47VOVanguard Mid-Cap ETFMID CAP ETF0.51%$695,0003.2K
48BACBank of America CorpCOM0.50%$677,00023.6K
49VEUVanguard FTSE All-World ex-US ETFALLWRLD EX US0.48%$655,00012.0K
50HONHoneywell International IncCOM0.48%$644,0003.1K
51AMPAmeriprise Financial IncCOM0.48%$644,0001.9K
52JPMJPMorgan Chase & CoCOM0.46%$626,0004.3K
53TGTTarget CorpCOM0.44%$592,0004.5K
54UNPUnion Pacific CorpCOM0.43%$583,0002.9K
55ACNAccenture PLCSHS CLASS A0.41%$559,0001.8K
56BXBlackstone GroupCOM0.41%$549,0005.9K
57Unilever PLCSPON ADR NEW0.40%$545,00010.5K
58IBMInternational Business MachineCOM0.40%$538,0004.0K
59S&T Holdings LLCNBB0005L80.39%$534,00078.5K
60ADPAutomatic Data Processing IncCOM0.39%$531,0002.4K
61MAMastercard IncCL A0.39%$529,0001.3K
62QQQInvesco QQQ TrustUNIT SER 10.38%$511,0001.4K
63ENBEnbridge IncCOM0.37%$504,00013.6K
64DISWalt Disney Co/TheCOM0.37%$500,0005.6K
65NEENextEra Energy IncCOM0.35%$468,0006.3K
66KMBKimberly-Clark CorpCOM0.34%$463,0003.4K
67CVXChevron CorpCOM0.34%$463,0002.9K
68NKENIKE IncCL B0.34%$458,0004.1K
69ADMArcher-Daniels-Midland CoCOM0.33%$443,0005.9K
70LULULululemon Athletica INC CORP COMMONCOM0.32%$429,0001.1K
71XLFFinancial Select Sector SPDR ETFFINANCIAL0.30%$411,00012.2K
72ABTAbbott LaboratoriesCOM0.30%$410,0003.8K
73IVWiShares S&P 500 Growth ETFS&P 500 GRWT ETF0.30%$408,0005.8K
74METAFacebook IncCL A0.29%$389,0001.4K
75WFCWells Fargo & CoCOM0.29%$387,0009.1K
76ABBNYABB LtdSPONSORED ADR0.29%$386,0009.8K
77TMUST-Mobile US INCCOM0.28%$380,0002.7K
78TAT&T IncCOM0.27%$369,00023.1K
79BCEBCE IncCOM NEW0.27%$367,0008.1K
80ITOTIshares Trust S & P 1500 Total US Stock Market EtfCORE S&P TTL STK0.27%$361,0003.7K
81KMIKinder Morgan Inc/DECOM0.27%$359,00020.8K
82FCNCAFirst Citizens BancShares Inc/NCCL A0.26%$357,000278
83VLOValero Energy CorpCOM0.26%$349,0003.0K
84METMetLife IncCOM0.26%$346,0006.1K
85VIGVanguard Dividend Appreciation ETFDIV APP ETF0.26%$346,0002.1K
86MCKMcKesson CorpCOM0.25%$343,000802
87SNYSanofiSPONSORED ADR0.25%$343,0006.4K
88AMDAdvanced Micro Devices IncCOM0.25%$341,0003.0K
89WYWeyerhaeuser CoCOM NEW0.25%$335,00010.0K
90WMWaste Management IncCOM0.24%$331,0001.9K
91UNHUnitedHealth Group IncCOM0.24%$331,000688
92XLKTechnology Select Sector SPDR ETFTECHNOLOGY0.24%$330,0001.9K
93BDXBecton Dickinson and CoCOM0.24%$330,0001.3K
94MCHPMicrochip Technology IncCOM0.24%$326,0003.6K
95LMTLockheed Martin CorpCOM0.24%$321,000698
96AMGNAmgen IncCOM0.23%$315,0001.4K
97ZTSZoetis IncCL A0.23%$314,0001.8K
98KHCKraft Heinz Co/TheCOM0.23%$313,0008.8K
99IWPiShares Russell Mid-Cap Growth ETFRUS MD CP GR ETF0.23%$313,0003.2K
100PRUPrudential Financial IncCOM0.22%$304,0003.4K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$168M150May 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$164M147Nov 20, 202513F-HRchanges · EDGAR ↗
Q2 2025$146M141Aug 18, 202513F-HRchanges · EDGAR ↗
Q1 2025$157M135Mar 10, 202513F-HRchanges · EDGAR ↗
Q3 2024$123M133Nov 29, 202413F-HRchanges · EDGAR ↗
Q2 2024$116M129Aug 19, 202413F-HRchanges · EDGAR ↗
Q1 2024$118M132May 15, 202413F-HRchanges · EDGAR ↗
Q3 2023$128M144Nov 15, 202313F-HRchanges · EDGAR ↗
Q2 2023$135M148Aug 22, 202313F-HRchanges · EDGAR ↗
Q1 2023$144M456May 24, 2023RESTATEMENTchanges · EDGAR ↗
Q4 2022$152M449Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022Under review338Nov 8, 202213F-HRchanges · EDGAR ↗
Q2 2022$109,363122Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022Under review131May 2, 202213F-HRchanges · EDGAR ↗
Q4 2021$139M346Jan 25, 202213F-HRchanges · EDGAR ↗
Q3 2021$112M336Nov 2, 202113F-HRchanges · EDGAR ↗
Q2 2021$132M353Jul 28, 202113F-HRchanges · EDGAR ↗
Q1 2021$126M344May 12, 202113F-HRchanges · EDGAR ↗
Q4 2020$129M473Feb 8, 202113F-HRchanges · EDGAR ↗
Q3 2020$149M354Oct 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$157M114Jul 10, 202013F-HRchanges · EDGAR ↗
Q1 2020$138M122May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$185M342Feb 21, 202013F-HRchanges · EDGAR ↗
Q3 2019$148M401Oct 9, 201913F-HRchanges · EDGAR ↗
Q2 2019$138M354Jul 16, 201913F-HRchanges · EDGAR ↗
Q1 2019$143M380Apr 10, 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 ↗.