SEC 13F Intelligence

Managers / Q4 2021 · view latest →

Bull Street Advisors, LLC

CIK 0001790837 · 500 COMMERCIAL CT, SUITE 4, SAVANNAH, GA, 31406 · 9124415185

Reported Value
$210M
Q4 2021
Positions
95
Filings on Record
27
2019–present window
Filed
Feb 3, 2022
original filing

Summary

Bull Street Advisors, LLC reported $210M in U.S.-listed holdings across 95 positions for Q4 2021.

Its largest position, BSV, represents 4.7% of the portfolio.

Compared with Q3 2021, the fund opened 2 new positions and exited 1.

Portfolio Metrics

Turnover
+0.9%
vs prior filed quarter
Top-10 Concentration
+35.8%
share of reported value
Largest Position
+4.7%
Vanguard Sh Term Bond Etf
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
Q3 ’19: $107MQ3 ’19Q4 ’19: $114MQ1 ’20: $112MQ2 ’20: $130MQ3 ’20: $146MQ3 ’20Q4 ’20: $166MQ1 ’21: $177MQ2 ’21: $187MQ3 ’21: $194MQ3 ’21Q4 ’21: $210MQ1 ’22: $206MQ2 ’22: $187MQ3 ’22: $178MQ3 ’22Q4 ’22: $193MQ1 ’23: $193MQ2 ’23: $195MQ3 ’23: $189MQ3 ’23Q4 ’23: $198MQ1 ’24: $209MQ2 ’24: $207MQ3 ’24: $215MQ3 ’24Q4 ’24: $207MQ1 ’25: $209MQ2 ’25: $208MQ3 ’25: $214MQ3 ’25Q4 ’25: $215MQ1 ’26: $202Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 69.0%ETP: 26.3%REIT: 2.1%ADR: 1.3%Other: 1.1%MLP: 0.1%
  • Common Stock · 69.0% · $145M
  • ETP · 26.3% · $55M
  • REIT · 2.1% · $4M
  • ADR · 1.3% · $3M
  • Other · 1.1% · $2M
  • MLP · 0.1% · $232,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CTVACorteva Inc.NEW+4.4K4.4K+$210,000$210,000
PEGPublic Service Enterprise GrpNEW+3.0K3.0K+$203,000$203,000
VTIVanguard Total Stock MktADDED+1.6K3.0K+$415,000$730,000
BIVVanguard Interm Bond ETFSOLD OUT−2.5K0−$221,000$0
BABoeing CompanyADDED+2001.5K+$15,000$310,000
DDominion Energy, Inc.TRIMMED−2.2K16.9K−$67,000$1M
VEUVanguard FTSE All-World ex-USADDED+9109.5K+$59,000$580,000
Norzinc LtdADDED+19.8K212.3K+$0$8,000

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

Holdings — Q4 2021

94 positions (from 95 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1BSVVanguard Sh Term Bond ETFhistory →OTR4.74%$10M123.0K
2VGSHVanguard Sh Term Govt ETFhistory →OTR4.39%$9M151.4K
3JNJJohnson & Johnsonhistory →COM3.90%$8M47.8K
4HDHome Depot Inc.history →COM3.71%$8M18.7K
5AAPLApple Inc.history →COM3.55%$7M42.0K
6DHRDanaher Corporationhistory →COM3.47%$7M22.1K
7MSFTMicrosoft Corporationhistory →COM3.21%$7M20.0K
8TIPIShares Barclays TIPS ETFhistory →OTR3.19%$7M51.7K
9KOCoca-Cola Companyhistory →COM2.99%$6M105.9K
10TJXTJX Companies Inc.history →COM2.68%$6M74.0K
11VCITVanguard Interm Corp ETFhistory →OTR2.67%$6M60.4K
12VCSHVanguard Sh Term Corp ETFhistory →OTR2.62%$6M67.7K
13IGSBIShares ST Corp Bond ETFhistory →OTR2.50%$5M97.2K
14COSTCostco Wholesale Corphistory →COM2.33%$5M8.6K
15VGITVanguard Interm Govt ETFhistory →OTR1.99%$4M62.7K
16DISWalt Disney Companyhistory →COM1.86%$4M25.3K
17PGProcter & Gamble Co.history →COM1.82%$4M23.4K
18GOOGLAlphabet Inc. Class ACOM1.79%$4M1.3K
19SYYSysco Corporationhistory →COM1.77%$4M47.2K
20ADPAutomatic Data Processing Inc.history →COM1.71%$4M14.6K
21PEPPepsiCo, Inc.history →COM1.64%$3M19.8K
22FISVFiserv Inc.history →COM1.61%$3M32.5K
23ELVAnthem, Inc.history →COM1.55%$3M7.0K
24PFEPfizer Inc.history →COM1.47%$3M52.3K
25BRK/BBerkshire Hathaway Class Bhistory →COM1.46%$3M10.2K
26MDLZMondelez International Inchistory →COM1.43%$3M45.1K
27HONHoneywell Intl Inchistory →COM1.42%$3M14.3K
28AMGNAmgen Inc.history →COM1.36%$3M12.7K
29JPMJPMorgan Chase & Cohistory →COM1.18%$2M15.7K
30EXMOCExxon Mobil Corporationhistory →COM1.09%$2M37.3K
31CPTCamden Property Trusthistory →COM1.08%$2M12.7K
32SPDR S&P 500 ETF TrustOTR1.08%$2M4.8K
33CMCSAComcast cl Ahistory →COM1.01%$2M42.1K
34SUBIShares S&P ST AMT Free ETFOTR0.99%$2M19.4K
35RSGRepublic Services Inc.COM0.96%$2M14.4K
36CSCOCisco Systems Inc.COM0.93%$2M30.7K
37AXPAmerican Express Co.COM0.91%$2M11.6K
38DEODiageo PLC ADSCOM0.87%$2M8.3K
39ABTAbbott LaboratoriesCOM0.87%$2M12.9K
40EMREmerson Electric Co.COM0.81%$2M18.4K
41INTCIntel CorporationCOM0.79%$2M32.2K
42USBU.S. BancorpCOM0.79%$2M29.3K
43CVXChevron CorpCOM0.78%$2M13.9K
44UNPUnion Pacific Corp.COM0.75%$2M6.2K
45DUKDuke Energy CorpCOM0.73%$2M14.6K
46RTXRaytheon Technologies CorpCOM0.72%$2M17.6K
47GISGeneral Mills Inc.COM0.68%$1M21.3K
48FTVFortive CorporationCOM0.66%$1M18.3K
49AVBAvalonbay CommunitiesCOM0.65%$1M5.4K
50DDominion Energy, Inc.COM0.63%$1M16.9K
51PFFS&P Preferred Stock ETFOTR0.61%$1M32.2K
52VXFVanguard Ext Mkt ETFOTR0.59%$1M6.8K
53VZVerizon Communications, Inc.COM0.56%$1M22.6K
54SYKStryker CorpCOM0.55%$1M4.3K
55BNDVanguard Tot Bond ETFOTR0.54%$1M13.5K
56MRKMerck & Co. Inc.COM0.52%$1M14.2K
57NVONovo-Nordisk A/SCOM0.47%$993,0008.9K
58AFLAFLAC Inc.COM0.47%$984,00016.9K
59GPCGenuine Parts CompanyCOM0.40%$834,0006.0K
60COPConocoPhillipsCOM0.40%$829,00011.5K
61BDXBecton Dickinson & Co.COM0.39%$824,0003.3K
62MSMorgan StanleyCOM0.39%$822,0008.4K
63NUENucor CorporationCOM0.38%$790,0006.9K
64EQREquity Residential PropertiesCOM0.35%$742,0008.2K
65VTIVanguard Total Stock MktOTR0.35%$730,0003.0K
66CVSCVS Health CorporationCOM0.34%$714,0006.9K
67CLColgate-Palmolive CoCOM0.34%$704,0008.3K
68NKENike Inc cl BCOM0.32%$677,0004.1K
69VEUVanguard FTSE All-World ex-USOTR0.28%$580,0009.5K
70CARRCarrier Global CorpCOM0.27%$564,00010.4K
71PSXPhillips 66COM0.27%$562,0007.8K
72CBChubb LimitedCOM0.27%$557,0002.9K
73DDDuPont de Nemours Inc.COM0.24%$513,0006.4K
74OTISOtis Worldwide CorpCOM0.22%$453,0005.2K
75DVYIShares Select Dividend ETFOTR0.21%$444,0003.6K
76MMM3M CompanyCOM0.20%$425,0002.4K
77GSGoldman Sachs Group IncCOM0.18%$386,0001.0K
78MUSAMurphy USA, Inc.COM0.17%$355,0001.8K
79BACBank of America CorpCOM0.16%$344,0007.7K
80IJHiShares S&P Midcap 400OTR0.15%$325,0001.1K
81GLDSPDR Gold TrustOTR0.15%$312,0001.8K
82BABoeing CompanyCOM0.15%$310,0001.5K
83EFAiShr MSCI EAFE ETFOTR0.14%$303,0003.9K
84CICigna CorporationCOM0.14%$293,0001.3K
85LOWLowes Companies Inc.COM0.14%$290,0001.1K
86DOWDow Inc.COM0.13%$271,0004.8K
87VNQVanguard REIT ETFOTR0.12%$262,0002.3K
88TAT&T Inc.COM0.11%$238,0009.7K
89PGFInvesco Financial Pfd ETFOTR0.11%$235,00012.5K
90EPDEnterprise Products Part LPCOM0.11%$232,00010.6K
91VNTVontier CorporationCOM0.10%$217,0007.0K
92CTVACorteva Inc.COM0.10%$210,0004.4K
93PEGPublic Service Enterprise GrpCOM0.10%$203,0003.0K
94Norzinc LtdCOM0.00%$8,000212.3K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$202M94Apr 24, 202613F-HRchanges · EDGAR ↗
Q4 2025$215M92Jan 28, 202613F-HRchanges · EDGAR ↗
Q3 2025$214M89Oct 28, 202513F-HRchanges · EDGAR ↗
Q2 2025$208M89Jul 25, 202513F-HRchanges · EDGAR ↗
Q1 2025$209M89Apr 24, 202513F-HRchanges · EDGAR ↗
Q4 2024$207M89Jan 30, 202513F-HRchanges · EDGAR ↗
Q3 2024$215M91Nov 4, 202413F-HRchanges · EDGAR ↗
Q2 2024$207M91Jul 26, 202413F-HRchanges · EDGAR ↗
Q1 2024$209M92Apr 29, 202413F-HRchanges · EDGAR ↗
Q4 2023$198M89Jan 29, 202413F-HRchanges · EDGAR ↗
Q3 2023$189M90Oct 30, 202313F-HRchanges · EDGAR ↗
Q2 2023$195M90Jul 28, 202313F-HRchanges · EDGAR ↗
Q1 2023$193M89Apr 26, 202313F-HRchanges · EDGAR ↗
Q4 2022$193M90Feb 28, 202313F-HRchanges · EDGAR ↗
Q3 2022$178M89Nov 8, 202213F-HRchanges · EDGAR ↗
Q2 2022$187M91Aug 3, 202213F-HRchanges · EDGAR ↗
Q1 2022$206M94May 10, 202213F-HRchanges · EDGAR ↗
Q4 2021$210M95Feb 3, 202213F-HRchanges · EDGAR ↗
Q3 2021$194M94Nov 5, 202113F-HRchanges · EDGAR ↗
Q2 2021$187M94Jul 29, 202113F-HRchanges · EDGAR ↗
Q1 2021$177M93May 11, 202113F-HRchanges · EDGAR ↗
Q4 2020$166M90Jan 28, 202113F-HRchanges · EDGAR ↗
Q3 2020$146M90Nov 6, 202013F-HRchanges · EDGAR ↗
Q2 2020$130M88Aug 6, 202013F-HRchanges · EDGAR ↗
Q1 2020$112M81May 1, 202013F-HRchanges · EDGAR ↗
Q4 2019$114M87Jan 29, 202013F-HRchanges · EDGAR ↗
Q3 2019$107M87Nov 8, 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 ↗.