# Bristol Advisors, LLC

> Institutional holdings reported to the SEC as of Q1 2019 on Form 13F. CIK 1697795. Source: https://holderbook.com/funds/1697795-bristol-advisors-llc/

- Reported value: $43.0M
- Positions: 24
- Weight of the ten largest: 91.5%
- Filed: 2019-04-29

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $14.0M | 49,600 | 32.6% | 1 |
| ENERGY TRANSFER L P | [ET](https://holderbook.com/stocks/ET/) | $7.8M | 508,972 | 18.2% | 2 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $5.1M | 88,300 | 11.8% | 2 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $2.8M | 14,600 | 6.5% | 2 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $2.7M | 48,100 | 6.4% | 2 |
| ARES CAPITAL CORP | [ARCC](https://holderbook.com/stocks/ARCC/) | $2.1M | 120,500 | 4.8% | 1 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $1.4M | 44,800 | 3.3% | 2 |
| STAAR SURGICAL CO | [STAA](https://holderbook.com/stocks/STAA/) | $1.4M | 40,000 | 3.2% | 2 |
| CHICKEN SOUP FOR THE SOUL EN | [CSSEQ](https://holderbook.com/stocks/CSSEQ/) | $1.2M | 100,000 | 2.9% | 2 |
| VODAFONE GROUP PLC | [VOD](https://holderbook.com/stocks/VOD/) | $789.0K | 43,400 | 1.8% | 2 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $601.0K | 6,800 | 1.4% | 1 |
| SLB LIMITED | [SLB](https://holderbook.com/stocks/SLB/) | $523.0K | 12,000 | 1.2% | 1 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $430.0K | 8,900 | 1.0% | 2 |
| CENTURYLINK INC | [LUMNXXXX](https://holderbook.com/stocks/LUMNXXXX/) | $391.0K | 32,600 | 0.9% | 2 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $331.0K | 1,100 | 0.8% | 1 |
| ENTERPRISE PRODS PARTNERS L | [EPD](https://holderbook.com/stocks/EPD/) | $282.0K | 9,700 | 0.7% | 2 |
| ITAU UNIBANCO HLDG S A | [ITUB](https://holderbook.com/stocks/ITUB/) | $280.0K | 31,800 | 0.7% | 1 |
| KINDER MORGAN INC DEL | [KMI](https://holderbook.com/stocks/KMI/) | $232.0K | 11,600 | 0.5% | 1 |
| INVESCO CURRENCYSHARES BRIT | [FXB](https://holderbook.com/stocks/FXB/) | $219.0K | 1,737 | 0.5% | 1 |
| AKEBIA THREAPEUTICS INC | [AKBA](https://holderbook.com/stocks/AKBA/) | $157.0K | 19,128 | 0.4% | 2 |
| DEUTSCHE BK AG | [DB](https://holderbook.com/stocks/DB/) | $151.0K | 18,600 | 0.4% | 2 |
| EKSO BIONICS HLDGS INC | [EKSO](https://holderbook.com/stocks/EKSO/) | $48.0K | 19,205 | 0.1% | 2 |
| NIO INC | [NIO](https://holderbook.com/stocks/NIO/) | $15.0K | 0 | 0.0% | 1 |
| BARCLAYS PLC | [BCS](https://holderbook.com/stocks/BCS/) | $1.0K | 0 | 0.0% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q1 2019 | +13.6% | +13.0% | +0.6% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q1 2019 | $43.0M | 24 |
| Q4 2018 | $83.4M | 51 |