SEC 13F Intelligence

Managers / Q2 2023 · view latest →

Carson Advisory Inc.

CIK 0001909304 · 470 HILL ST., ATHENS, GA, 30601 · 706-543-6578

Reported Value
$118M
Q2 2023
Positions
156
Filings on Record
19
2019–present window
Filed
Jul 28, 2023
amendment (RESTATEMENT)

Summary

Carson Advisory Inc. reported $118M in U.S.-listed holdings across 156 positions for Q2 2023.

Its largest position, SO, represents 4.2% of the portfolio.

Compared with Q1 2023, the fund opened 15 new positions and exited 10.

Portfolio Metrics

Turnover
+7.4%
vs prior filed quarter
Top-10 Concentration
+29.2%
share of reported value
Largest Position
+4.2%
Southern
New / Exited
15 / 10
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 ’21: $99MQ4 ’21Q1 ’22: $101MQ2 ’22: $90MQ3 ’22: $90MQ3 ’22Q4 ’22: $104MQ1 ’23: $113MQ2 ’23: $118MQ2 ’23Q3 ’23: $114MQ4 ’23: $129MQ1 ’24: $142MQ1 ’24Q2 ’24: $143MQ3 ’24: $159MQ4 ’24: $144MQ4 ’24Q1 ’25: $148MQ2 ’25: $157MQ3 ’25: $185MQ3 ’25Q4 ’25: $192MQ1 ’26: $193Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 77.7%ETP: 15.3%REIT: 2.9%Closed-End Fund: 1.9%Other: 1.0%Other: 1.3%
  • Common Stock · 77.7% · $92M
  • ETP · 15.3% · $18M
  • REIT · 2.9% · $3M
  • Closed-End Fund · 1.9% · $2M
  • Other · 1.0% · $1M
  • Other · 1.3% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
NUVEEN MUNICIPAL CREDIT INCNEW+141.4K141.4K+$2M$2M
SCHWSCHWAB CHARLES CORPNEW+9.8K9.8K+$556,711$556,711
ICEINTERCONTINENTAL EXCHANGE INNEW+4.6K4.6K+$523,052$523,052
JJACOBS SOLUTIONS INCNEW+3.1K3.1K+$367,489$367,489
ELVELEVANCE HEALTH INCNEW+723723+$321,222$321,222
CVSCVS HEALTH CORPNEW+4.6K4.6K+$317,791$317,791
FWONKUSDLIBERTY MEDIA CORP DELNEW+3.8K3.8K+$287,720$287,720
BXPBOSTON PROPERTIES INCNEW+4.8K4.8K+$279,312$279,312

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

Holdings — Q2 2023

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SOSOUTHERN COhistory →COM4.21%$5M71.0K
2BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW3.84%$5M13.3K
3CGGOUSDCAPITAL GROUP GBL GROWTH EQThistory →SHS CREATION UNI3.75%$4M182.9K
4AAPLAPPLE INChistory →COM3.65%$4M22.3K
5EIXEDISON INTLhistory →COM3.31%$4M56.5K
6MSFTMICROSOFT CORPhistory →COM2.72%$3M9.4K
7DDOMINION ENERGY INChistory →COM2.54%$3M58.1K
8HDHOME DEPOT INChistory →COM1.84%$2M7.0K
9TAT&T INChistory →COM1.77%$2M131.5K
10IBMINTERNATIONAL BUSINESS MACHShistory →COM1.54%$2M13.6K
11DUKDUKE ENERGY CORP NEWhistory →COM NEW1.51%$2M19.9K
12JNJJOHNSON & JOHNSONhistory →COM1.47%$2M10.5K
13NUVEEN MUNICIPAL CREDIT INCCOM SH BEN INT1.39%$2M141.4K
14BACBANK AMERICA CORPhistory →COM1.35%$2M55.8K
15PGPROCTER AND GAMBLE COhistory →COM1.35%$2M10.5K
16DALDELTA AIR LINES INC DELhistory →COM NEW1.31%$2M32.5K
17UPSUNITED PARCEL SERVICE INChistory →CL B1.29%$2M8.5K
18CGDVUSDCAPITAL GROUP DIVIDEND VALUEhistory →SHS CREATION UNI1.26%$1M55.2K
19SYU1SYNOVUS FINL CORPhistory →COM NEW1.26%$1M49.2K
20JPMJPMORGAN CHASE & COhistory →COM1.24%$1M10.1K
21EXMOCEXXON MOBIL CORPhistory →COM1.18%$1M13.1K
22KOCOCA COLA COhistory →COM1.17%$1M22.9K
23JXNJACKSON FINANCIAL INChistory →COM CL A1.10%$1M42.7K
24FFORD MTR CO DELhistory →COM1.06%$1M83.0K
25WHRWHIRLPOOL CORPhistory →COM1.03%$1M8.2K
26PEPPEPSICO INCCOM0.99%$1M6.3K
27AFLAFLAC INCCOM0.97%$1M16.5K
28USX1UNITED STATES STL CORP NEWCOM0.96%$1M45.6K
29WDWALKER & DUNLOP INCCOM0.93%$1M13.9K
30BXBLACKSTONE INCCOM0.90%$1M11.4K
31WYWEYERHAEUSER CO MTN BECOM NEW0.89%$1M31.4K
32CATCATERPILLAR INCCOM0.88%$1M4.3K
33METAMETA PLATFORMS INCCL A0.77%$906,8573.2K
34CHVCHEVRON CORP NEWCOM0.76%$899,5125.7K
35TRVCCITIGROUP INCCOM NEW0.76%$894,69519.4K
36PFEPFIZER INCCOM0.75%$887,80324.2K
37SLGSL GREEN RLTY CORPCOM0.73%$869,88928.9K
38PCGPG&E CORPCOM0.73%$869,18450.3K
39STWDSTARWOOD PPTY TR INCCOM0.72%$857,48044.2K
40NEENEXTERA ENERGY INCCOM0.70%$828,47711.2K
41BABOEING COCOM0.69%$815,0793.9K
42MARMARRIOTT INTL INC NEWCL A0.68%$801,8224.4K
43VANGUARD INDEX FDSREAL ESTATE ETF0.67%$795,2419.5K
44VANGUARD STAR FDSVG TL INTL STK F0.65%$769,02513.7K
45PRUPRUDENTIAL FINL INCCOM0.65%$767,1198.7K
46BACVERIZON COMMUNICATIONS INCCOM0.64%$762,05020.5K
47SPDR SER TRS&P DIVID ETF0.63%$751,7486.1K
48GOLDMAN SACHS ETF TRJUST US LRG CP0.63%$745,40611.8K
49AMZNAMAZON COM INCCOM0.62%$739,7935.7K
50WMBWILLIAMS COS INCCOM0.62%$731,06122.4K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$193M188May 7, 202613F-HRchanges · EDGAR ↗
Q4 2025$192M183Feb 12, 202613F-HRchanges · EDGAR ↗
Q3 2025$185M173Nov 6, 202513F-HRchanges · EDGAR ↗
Q2 2025$157M171Aug 5, 202513F-HRchanges · EDGAR ↗
Q1 2025$148M164May 2, 202513F-HRchanges · EDGAR ↗
Q4 2024$144M157Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$159M177Nov 1, 202413F-HRchanges · EDGAR ↗
Q2 2024$143M166Aug 7, 202413F-HRchanges · EDGAR ↗
Q1 2024$142M173May 3, 202413F-HRchanges · EDGAR ↗
Q4 2023$129M160Feb 6, 202413F-HRchanges · EDGAR ↗
Q3 2023$114M150Nov 9, 202313F-HRchanges · EDGAR ↗
Q2 2023$118M156Jul 28, 2023RESTATEMENTchanges · EDGAR ↗
Q1 2023$113M151May 5, 202313F-HRchanges · EDGAR ↗
Q4 2022$104M138Feb 8, 202313F-HRchanges · EDGAR ↗
Q3 2022$90M126Nov 7, 202213F-HRchanges · EDGAR ↗
Q2 2022$90M123Aug 3, 202213F-HRchanges · EDGAR ↗
Q1 2022$101M134May 3, 202213F-HRchanges · EDGAR ↗
Q4 2021$99M134Feb 8, 202213F-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 ↗.