Burkett Financial Services 13F annual report
Burkett Financial Services is an investment fund managing more than $195 billion ran by Phillip Smiley. There are currently 198 companies in Mr. Smiley’s portfolio. The largest investments include Schwab Us Large Cap Growth Etf and Schwab Us Dividend Equity Etf, together worth $85.4 billion.
$195 billion Assets Under Management (AUM)
As of 3rd July 2024, Burkett Financial Services’s top holding is 463,010 shares of Schwab Us Large Cap Growth Etf currently worth over $46.7 billion and making up 24.0% of the portfolio value.
In addition, the fund holds 497,534 shares of Schwab Us Dividend Equity Etf worth $38.7 billion.
The third-largest holding is Msci Eafa Hedged Dollar Etf worth $19.4 billion and the next is Vanguard Ftse Developed Markets Etf worth $18.3 billion, with 369,982 shares owned.
Currently, Burkett Financial Services's portfolio is worth at least $195 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Burkett Financial Services
The Burkett Financial Services office and employees reside in Rock Hill, South Carolina. According to the last 13-F report filed with the SEC, Phillip Smiley serves as the COMPLIANCE OFFICER at Burkett Financial Services.
Recent trades
In the most recent 13F filing, Burkett Financial Services revealed that it had opened a new position in
Lantheus Inc and bought 180 shares worth $14.5 million.
This means they effectively own approximately 0.1% of the company.
Lantheus Inc makes up
1.6%
of the fund's Health Care sector allocation and has decreased its share price by 8.4% in the past year.
The investment fund also strengthened its position in Schwab Us Dividend Equity Etf by buying
2,413 additional shares.
This makes their stake in Schwab Us Dividend Equity Etf total 497,534 shares worth $38.7 billion.
On the other hand, there are companies that Burkett Financial Services is getting rid of from its portfolio.
Burkett Financial Services closed its position in Vanguard Short Term Bond Index Etf on 10th July 2024.
It sold the previously owned 28,313 shares for $2.17 billion.
Phillip Smiley also disclosed a decreased stake in Schwab Us Large Cap Growth Etf by approximately 0.1%.
This leaves the value of the investment at $46.7 billion and 463,010 shares.
One of the smallest hedge funds
The two most similar investment funds to Burkett Financial Services are Selkirk Management and Silverlake Wealth Management. They manage $195 billion and $195 billion respectively.
Phillip Smiley investment strategy
Burkett Financial Services’s portfolio is diversified across 13 sectors.
Currently, their heaviest sector is Technology — making up 2.1% of
the total portfolio value.
The fund focuses on investments in the United States as
34.3% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
29% of the total holdings value.
On the other hand, small-cap stocks make up only 0.5% of the portfolio.
The average market cap of the portfolio companies is close to $175 billion.
The complete list of Burkett Financial Services trades based on 13F SEC filings
These positions were updated on July 10th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Schwab Us Large Cap Growth Etf |
0.96%
463,010
|
$46,689,886,000 | 23.96% |
| Schwab Us Dividend Equity Etf |
0.49%
497,534
|
$38,688,251,000 | 19.85% |
| Msci Eafa Hedged Dollar Etf |
0.54%
467,192
|
$19,360,436,000 | 9.93% |
| Vanguard Ftse Developed Markets Etf |
1.05%
369,982
|
$18,284,526,000 | 9.38% |
| Ishares Msci Min Vol Emerging Markets Etf |
2.15%
249,664
|
$14,283,269,000 | 7.33% |
| Ishares Sp 400 Mid Index |
0.17%
227,659
|
$13,322,610,000 | 6.84% |
| Ishares Sp 600 Small Cap Index |
3.88%
64,255
|
$6,853,385,000 | 3.52% |
| Microsoft Corporation |
0.66%
6,656
|
$2,974,767,000 | 1.53% |
| Apple Inc |
0.91%
14,024
|
$2,953,755,000 | 1.52% |
| Schwab Mid Cap Blend Etf |
1.32%
30,296
|
$2,357,904,000 | 1.21% |
| Vanguard Intermediate Treasury Etf |
29.34%
38,626
|
$2,249,180,000 | 1.15% |
| Vanguard Short Term Bond Index Etf |
Closed
28,313
|
$2,170,786,000 | |
| Schwab International Equity Etf |
1.43%
53,526
|
$2,056,479,000 | 1.06% |
| Vanguard High Dividend Yield Etf |
0.70%
13,299
|
$1,577,283,000 | 0.81% |
| Att Corp Com |
6.22%
69,284
|
$1,324,013,000 | 0.68% |
| Ishares Sp 500 Value |
0.56%
7,242
|
$1,318,110,000 | 0.68% |
| Ishares Currency Hedged Msci Eafe Etf |
7.57%
29,726
|
$1,056,909,000 | 0.54% |
| Ishares Sp 500 Growth |
8.10%
10,599
|
$980,791,000 | 0.50% |
| Duke Energy Corp. |
0.97%
9,764
|
$978,629,000 | 0.50% |
| Amazon.com Inc. |
0.27%
4,793
|
$926,247,000 | 0.48% |
| Schwab Us Total Stock Market Etf |
19.58%
13,299
|
$836,127,000 | 0.43% |
| Vanguard Large Cap Growth Etf |
1.78%
2,211
|
$826,986,000 | 0.42% |
| South Street Corporation |
0.64%
10,000
|
$764,162,000 | 0.39% |
| Schwab Us Large Cap Value Etf |
No change
10,179
|
$754,074,000 | 0.39% |
| Bank Of America Com |
1.84%
18,646
|
$741,557,000 | 0.38% |
| Morgan J P Co Inc |
0.17%
3,625
|
$733,242,000 | 0.38% |
| Schwab Small Cap Blend Etf |
1.47%
14,190
|
$673,337,000 | 0.35% |
| AMGEN Inc. |
0.71%
2,129
|
$665,241,000 | 0.34% |
| Wal-mart Stores Inc |
0.67%
9,417
|
$637,628,000 | 0.33% |
| Johnson Johnson |
0.82%
3,812
|
$557,228,000 | 0.29% |
| NVIDIA Corp |
984.36%
4,229
|
$522,422,000 | 0.27% |
| Vanguard Total World Stock Etf |
16.26%
4,412
|
$496,920,000 | 0.25% |
| Vanguard Mid-cap Blend Etf |
1.66%
1,893
|
$458,361,000 | 0.24% |
| Powershares Qqq - Nasdaq-100 |
0.13%
799
|
$382,791,000 | 0.20% |
| Lowes Cos Inc |
0.12%
1,688
|
$372,060,000 | 0.19% |
| Coca-Cola Co |
1.26%
5,310
|
$338,000,000 | 0.17% |
| Lilly Eli Co |
9.61%
367
|
$332,658,000 | 0.17% |
| Invesco Sp Emerging Markets Low Vol Etf |
2.84%
13,095
|
$308,650,000 | 0.16% |
| Salesforce Com |
4.78%
977
|
$251,265,000 | 0.13% |
| Eaton Corporation |
No change
780
|
$244,471,000 | 0.13% |
| Netflix Inc. |
0.30%
329
|
$222,036,000 | 0.11% |
| Exxon Mobil Corp. |
0.27%
1,890
|
$217,527,000 | 0.11% |
| Vanguard Emerging Market |
0.40%
4,758
|
$208,206,000 | 0.11% |
| Berkshire Hathaway Inc B |
4.89%
486
|
$197,705,000 | 0.10% |
| Proctor Gamble Co Com |
17.22%
1,125
|
$185,508,000 | 0.10% |
| Meta Platforms Inc |
No change
328
|
$165,205,000 | 0.08% |
| Alphabet Inc |
0.12%
841
|
$153,180,000 | 0.08% |
| Oracle Corp. |
0.38%
1,069
|
$150,925,000 | 0.08% |
| Tesla Inc |
No change
705
|
$139,505,000 | 0.07% |
| Vanguard Small-cap Blend Etf |
13.54%
581
|
$126,693,000 | 0.07% |
| Dte Energy Co Com |
0.99%
1,126
|
$124,957,000 | 0.06% |
| Deere Co |
0.30%
331
|
$123,668,000 | 0.06% |
| Dominion Resources Inc |
1.31%
2,327
|
$114,032,000 | 0.06% |
| Abbott Labs Com |
0.56%
1,075
|
$111,707,000 | 0.06% |
| Spdr Gold Trust |
9.87%
512
|
$110,085,000 | 0.06% |
| Vanguard 500 Index Fund Etf Class |
3.08%
220
|
$109,933,000 | 0.06% |
| Altria Group Inc. |
2.24%
2,330
|
$106,146,000 | 0.05% |
| Warner Brothers Discovery |
No change
13,651
|
$101,563,000 | 0.05% |
| Valero Energy Corp. |
0.68%
590
|
$92,462,000 | 0.05% |
| Ishares Dow Jones Technology Sector |
No change
603
|
$90,769,000 | 0.05% |
| Pepsico Inc |
7.26%
524
|
$86,361,000 | 0.04% |
| Ishares Gold Trust |
No change
1,815
|
$79,733,000 | 0.04% |
| International Business Machines Corp. |
0.95%
427
|
$73,804,000 | 0.04% |
| Cisco Systems, Inc. |
0.86%
1,529
|
$72,627,000 | 0.04% |
| Chevron Corp. |
0.87%
463
|
$72,471,000 | 0.04% |
| Selective Ins Group |
No change
751
|
$70,425,000 | 0.04% |
| Enbridge Inc |
No change
1,946
|
$69,258,000 | 0.04% |
| Ishares Msce Eafa Small Cap Etf |
1.45%
1,049
|
$64,668,000 | 0.03% |
| Visa Inc |
No change
234
|
$61,521,000 | 0.03% |
| Sprott Physical Gold And Silver Trust |
No change
2,766
|
$60,990,000 | 0.03% |
| Verizon |
28.24%
1,471
|
$60,677,000 | 0.03% |
| Pfizer Inc. |
1.49%
2,106
|
$58,933,000 | 0.03% |
| Xcel Energy Inc. |
0.94%
1,069
|
$57,099,000 | 0.03% |
| Ishares Sp 400 Mid Value |
0.41%
495
|
$56,148,000 | 0.03% |
| Edwards Lifescience Corp |
No change
600
|
$55,422,000 | 0.03% |
| Dt Midstream Inc |
1.17%
777
|
$55,162,000 | 0.03% |
| Vanguard Value Etf |
7.10%
327
|
$52,414,000 | 0.03% |
| Td 08/30/24 |
No change
4,537
|
$51,631,000 | 0.03% |
| Ford Motor Co. |
2.13%
3,860
|
$48,400,000 | 0.02% |
| Boeing Co. |
No change
241
|
$43,843,000 | 0.02% |
| Kenvue Inc |
1.02%
2,385
|
$43,357,000 | 0.02% |
| Jp Morgan Equity Premium Income Etf |
22.62%
748
|
$42,383,000 | 0.02% |
| Ishares Sp 400 Mid Growth |
0.22%
466
|
$41,079,000 | 0.02% |
| Fs Energy Power Fund |
No change
11,818
|
$41,008,000 | 0.02% |
| Sector Spdr Consumer Discretionary |
No change
219
|
$39,992,000 | 0.02% |
| Ishares Bitcoin Trust Etf |
94.02%
1,168
|
$39,876,000 | 0.02% |
| Neogenomics Inc. |
No change
2,821
|
$39,127,000 | 0.02% |
| Home Depot, Inc. |
0.90%
112
|
$38,395,000 | 0.02% |
| Ishares Russell 2000 Small Cap Index |
No change
185
|
$37,568,000 | 0.02% |
| UiPath, Inc. |
No change
2,959
|
$37,520,000 | 0.02% |
| Rbc 08/30/24 |
No change
3,496
|
$37,302,000 | 0.02% |
| Emerson Electric Co. |
0.30%
334
|
$36,829,000 | 0.02% |
| Truist Finl Corporation |
1.39%
945
|
$36,726,000 | 0.02% |
| Chipotle Mexican Grlll |
18,833.33%
568
|
$35,585,000 | 0.02% |
| Jb Hunt Transport Services Inc |
49.54%
218
|
$34,856,000 | 0.02% |
| Ishares Sp 500 Index |
No change
63
|
$34,462,000 | 0.02% |
| Bank Of Nova Scotia |
Closed
3,084
|
$34,325,000 | |
| CSX Corp. |
0.30%
992
|
$33,197,000 | 0.02% |
| Ishares Core Growth Allocation Etf |
7.73%
585
|
$32,975,000 | 0.02% |
| Enterprise Products Partners Lp |
1.75%
1,105
|
$32,022,000 | 0.02% |
| Merck Co Inc |
0.39%
257
|
$31,827,000 | 0.02% |
| 3M Co. |
0.66%
303
|
$31,004,000 | 0.02% |
| Sysco Corp Com |
0.72%
421
|
$30,027,000 | 0.02% |
| iShares Core 1-5 Year USD Bond ETF |
85.82%
607
|
$28,771,000 | 0.01% |
| Stryker Corp. |
No change
82
|
$28,061,000 | 0.01% |
| General Dynamics Corp. |
1.10%
92
|
$26,653,000 | 0.01% |
| Mastercard Incorporated |
41.00%
59
|
$26,066,000 | 0.01% |
| Toronto Dominion Bank |
No change
2,441
|
$26,012,000 | 0.01% |
| Dollar Gen Corp |
0.52%
193
|
$25,528,000 | 0.01% |
| Bristol-Myers Squibb Co. |
64.14%
601
|
$24,950,000 | 0.01% |
| American Electric Power Company Inc. |
1.12%
272
|
$23,877,000 | 0.01% |
| Abbvie Inc |
0.75%
134
|
$22,994,000 | 0.01% |
| Sonoco Products Co. |
18.15%
442
|
$22,404,000 | 0.01% |
| Ishares Silver Trust Etf |
No change
833
|
$22,133,000 | 0.01% |
| Honeywell International Inc |
No change
103
|
$22,049,000 | 0.01% |
| General Mills, Inc. |
0.88%
344
|
$21,744,000 | 0.01% |
| ProShares Bitcoin Strategy ETF |
Closed
630
|
$20,344,000 | |
| Hershey Foods |
0.92%
110
|
$20,205,000 | 0.01% |
| Air Lease Corp |
0.52%
386
|
$18,330,000 | 0.01% |
| Nucor Corp Com |
No change
109
|
$17,251,000 | 0.01% |
| Canadian Imperial |
Closed
1,442
|
$17,160,000 | |
| Phillips |
0.84%
120
|
$16,897,000 | 0.01% |
| Intel Corp. |
0.56%
536
|
$16,590,000 | 0.01% |
| Constellation |
No change
80
|
$16,081,000 | 0.01% |
| Philip Morris International Inc |
1.94%
158
|
$15,966,000 | 0.01% |
| General Electric Co |
No change
97
|
$15,417,000 | 0.01% |
| Welltower Inc. |
0.70%
143
|
$14,872,000 | 0.01% |
| Lantheus Holdings Inc |
Opened
180
|
$14,452,000 | 0.01% |
| Mid Cap S P D R Trust |
No change
26
|
$13,986,000 | 0.01% |
| Ishares Msci Eafe |
1.76%
173
|
$13,555,000 | 0.01% |
| Caterpillar Inc. |
No change
40
|
$13,372,000 | 0.01% |
| Fortune Brands Innovations Inc |
0.49%
204
|
$13,255,000 | 0.01% |
| Martin Marietta Matrls |
No change
23
|
$12,493,000 | 0.01% |
| United Bankshrs Inc |
90.44%
381
|
$12,358,000 | 0.01% |
| United Parcel Service B |
1.14%
89
|
$12,159,000 | 0.01% |
| First Community Corp S C |
0.74%
681
|
$11,752,000 | 0.01% |
| Target Corp |
No change
74
|
$10,963,000 | 0.01% |
| Disney Walt Company |
No change
110
|
$10,959,000 | 0.01% |
| Intuitive Surgical Inc |
No change
24
|
$10,676,000 | 0.01% |
| Ishares Us Regional Banks |
24.19%
257
|
$10,649,000 | 0.01% |
| Nestle Sa Sponsored |
No change
100
|
$10,245,000 | 0.01% |
| Merrill Lynch |
No change
400
|
$10,092,000 | 0.01% |
| Trade Desk Inc |
No change
100
|
$9,767,000 | 0.01% |
| Tricon Global |
No change
71
|
$9,457,000 | 0.00% |
| General Motors Company |
32.68%
203
|
$9,439,000 | 0.00% |
| Gilead Sciences, Inc. |
0.77%
131
|
$8,987,000 | 0.00% |
| N I O Inc |
No change
2,000
|
$8,320,000 | 0.00% |
| Medtronic Inc |
No change
100
|
$7,871,000 | 0.00% |
| Comcast Corp |
12.62%
187
|
$7,334,000 | 0.00% |
| Peakstone Realty Trust Class E |
1.86%
657
|
$6,961,000 | 0.00% |
| Paypal Holdings Inco |
No change
110
|
$6,383,000 | 0.00% |
| Anheuser-busch Cos |
No change
100
|
$5,815,000 | 0.00% |
| Dollar Tree Inc |
No change
50
|
$5,339,000 | 0.00% |
| Wells Fargo Co |
1.14%
89
|
$5,276,000 | 0.00% |
| Baxter International Inc. |
0.66%
152
|
$5,069,000 | 0.00% |
| Rivian Automotive, Inc. |
No change
375
|
$5,033,000 | 0.00% |
| Hsbc Holding |
No change
411
|
$4,759,000 | 0.00% |
| The Southern Co. |
No change
61
|
$4,737,000 | 0.00% |
| Spdr Sp Emerging Markets Etf |
0.81%
125
|
$4,722,000 | 0.00% |
| Jp Morgan Hedged Equity Etf |
No change
78
|
$4,587,000 | 0.00% |
| Energy Transfer Equity Lp |
2.25%
273
|
$4,422,000 | 0.00% |
| Cerus Corp. |
No change
2,445
|
$4,303,000 | 0.00% |
| Solventum |
Opened
75
|
$3,966,000 | 0.00% |
| Ge Vernova Llc |
Opened
23
|
$3,945,000 | 0.00% |
| AMN Healthcare Services Inc. |
No change
75
|
$3,842,000 | 0.00% |
| Brinker International, Inc. |
No change
51
|
$3,720,000 | 0.00% |
| Du Pont E I De |
No change
46
|
$3,702,000 | 0.00% |
| Conagra Foods Inc |
0.85%
118
|
$3,354,000 | 0.00% |
| Trump Media And Technology |
Opened
99
|
$3,242,000 | 0.00% |
| Vanguard Financials Etf |
Closed
31
|
$3,157,000 | |
| Lamb Weston Holdings Inc |
No change
35
|
$2,941,000 | 0.00% |
| Masterbrand Inc |
No change
200
|
$2,936,000 | 0.00% |
| Carnival Corp. |
No change
156
|
$2,923,000 | 0.00% |
| Dow Inc |
1.89%
54
|
$2,848,000 | 0.00% |
| Cigna Corp |
No change
8
|
$2,714,000 | 0.00% |
| Green Dot Corp. |
No change
264
|
$2,495,000 | 0.00% |
| Ge Healthcare Technologies |
No change
31
|
$2,420,000 | 0.00% |
| Spirit Airlines Inc |
Closed
500
|
$2,420,000 | |
| Corteva Inc |
2.27%
45
|
$2,401,000 | 0.00% |
| Ishares Msci Eafe Value |
2.50%
41
|
$2,163,000 | 0.00% |
| Norwegian Cruise Line |
No change
100
|
$1,879,000 | 0.00% |
| Taskus Inc |
No change
125
|
$1,664,000 | 0.00% |
| Viatris Inc. |
1.38%
147
|
$1,563,000 | 0.00% |
| Takeda Pharma Co |
No change
100
|
$1,294,000 | 0.00% |
| Gaming And Leisure Properties Inc Reit |
4.00%
26
|
$1,186,000 | 0.00% |
| Isares Msci Eafe Large Growth |
No change
9
|
$894,000 | 0.00% |
| Celsius Holdings Inc |
No change
15
|
$856,000 | 0.00% |
| Wabtec |
No change
4
|
$650,000 | 0.00% |
| Chemours Company |
No change
24
|
$539,000 | 0.00% |
| Vodafone Group plc |
No change
54
|
$481,000 | 0.00% |
| Acco Brands Corporation |
0.99%
102
|
$481,000 | 0.00% |
| Globalstar Inc. |
Closed
230
|
$338,000 | |
| Aib Group Plc Ordf |
No change
40
|
$212,000 | 0.00% |
| Lucid Group, Inc. |
No change
78
|
$204,000 | 0.00% |
| Organon Co |
No change
7
|
$143,000 | 0.00% |
| Gogo Inc |
No change
14
|
$135,000 | 0.00% |
| Upland Software Inc |
No change
50
|
$125,000 | 0.00% |
| Centurytel Inc Com |
No change
94
|
$104,000 | 0.00% |
| Alpha Healthcare Acquisition Corp |
Opened
18
|
$86,000 | 0.00% |
| Kyndryl Holdings Inc |
No change
1
|
$26,000 | 0.00% |
| The Wendy S Co |
No change
0
|
$7,000 | 0.00% |
| Humbl Inc |
No change
750
|
$0 | 0.00% |
| York Bancshares Inc |
No change
750
|
$0 | 0.00% |
| Cambridge Heart Inc Xxx |
No change
2,165
|
$0 | 0.00% |
| A W G Ltd New |
No change
14
|
$0 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 205 holdings | |||
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- Insight 2811, Inc
- Kinloch Capital
- Retirement Financial Solutions
- Bluefin Capital Management
- Chelsea Counsel Co