# Bickling Financial Services, Inc.

> Institutional holdings reported to the SEC as of Q4 2022 on Form 13F. CIK 1844895. Source: https://holderbook.com/funds/1844895-bickling-financial-services-inc/

- Reported value: $160.2M
- Positions: 119
- Weight of the ten largest: 48.6%
- Filed: 2023-01-31

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 |
|---|---|---|---|---|---|
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $34.5M | 244,535 | 21.6% | 9 |
| FIRST TR EXCHANGE-TRADED FD | [FVD](https://holderbook.com/stocks/FVD/) | $7.3M | 181,963 | 4.5% | 9 |
| PACER FDS TR | [COWZ](https://holderbook.com/stocks/COWZ/) | $6.2M | 134,847 | 3.9% | 4 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $5.9M | 19,020 | 3.7% | 9 |
| FIRST TR EXCHANGE-TRADED FD | [FV](https://holderbook.com/stocks/FV/) | $5.0M | 106,552 | 3.1% | 9 |
| WISDOMTREE TR | [DON](https://holderbook.com/stocks/DON/) | $4.1M | 99,589 | 2.6% | 9 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $3.9M | 29,994 | 2.4% | 9 |
| FIRST TR EXCHANGE-TRADED FD | [RDVY](https://holderbook.com/stocks/RDVY/) | $3.8M | 86,462 | 2.4% | 7 |
| ISHARES TR | [USMV](https://holderbook.com/stocks/USMV/) | $3.8M | 52,047 | 2.3% | 9 |
| FIRST TR EXCHANGE TRADED FD | [FPXI](https://holderbook.com/stocks/FPXI/) | $3.4M | 88,161 | 2.1% | 9 |
| FIRST TR EXCHANGE-TRADED FD | [FTCS](https://holderbook.com/stocks/FTCS/) | $3.4M | 45,191 | 2.1% | 9 |
| ARK ETF TR | [ARKK](https://holderbook.com/stocks/ARKK/) | $3.4M | 108,268 | 2.1% | 9 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $3.2M | 15,491 | 2.0% | 9 |
| FIRST TR EXCHANGE TRADED FD | [FPX](https://holderbook.com/stocks/FPX/) | $3.0M | 37,776 | 1.9% | 9 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $2.8M | 7,243 | 1.7% | 9 |
| ISHARES TR | [QUAL](https://holderbook.com/stocks/QUAL/) | $2.4M | 20,857 | 1.5% | 9 |
| FIRST TR EXCHANGE-TRADED FD | [FDL](https://holderbook.com/stocks/FDL/) | $2.4M | 64,601 | 1.5% | 9 |
| BLACKROCK SCIENCE & TECHNOLO | [BSTZ](https://holderbook.com/stocks/BSTZ/) | $2.2M | 138,890 | 1.4% | 9 |
| PACER FDS TR | [ALTL](https://holderbook.com/stocks/ALTL/) | $2.0M | 49,758 | 1.3% | 5 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $1.9M | 17,530 | 1.2% | 9 |
| EXCHANGE TRADED CONCEPTS TRU | [EMQQ](https://holderbook.com/stocks/EMQQ/) | $1.9M | 63,430 | 1.2% | 9 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.8M | 7,374 | 1.1% | 9 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $1.7M | 6,423 | 1.1% | 9 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $1.7M | 20,043 | 1.0% | 9 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $1.5M | 17,900 | 0.9% | 9 |
| LIBERTY ALL STAR EQUITY FD | [USA](https://holderbook.com/stocks/USA/) | $1.5M | 263,503 | 0.9% | 9 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $1.5M | 10,006 | 0.9% | 9 |
| BLACKROCK SCIENCE & TECHNOLO | [BST](https://holderbook.com/stocks/BST/) | $1.4M | 50,405 | 0.9% | 9 |
| SPDR SERIES TRUST | [SPTM](https://holderbook.com/stocks/SPTM/) | $1.4M | 29,343 | 0.9% | 9 |
| FIRST TR EXCHANGE TRAD FD VI | [FTGC](https://holderbook.com/stocks/FTGC/) | $1.3M | 51,953 | 0.8% | 4 |
| VANGUARD INDEX FDS | [VBR](https://holderbook.com/stocks/VBR/) | $1.3M | 7,906 | 0.8% | 9 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $977.8K | 6,452 | 0.6% | 9 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $973.7K | 10,288 | 0.6% | 9 |
| PACER FDS TR | [CALF](https://holderbook.com/stocks/CALF/) | $952.6K | 26,498 | 0.6% | 5 |
| ARK ETF TR | [ARKG](https://holderbook.com/stocks/ARKG/) | $934.0K | 33,087 | 0.6% | 9 |
| ISHARES TR | [IWO](https://holderbook.com/stocks/IWO/) | $908.9K | 4,237 | 0.6% | 9 |
| CENTENE CORP DEL | [CNC](https://holderbook.com/stocks/CNC/) | $892.6K | 10,884 | 0.6% | 8 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $851.5K | 4,820 | 0.5% | 9 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $849.5K | 25,648 | 0.5% | 9 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $830.3K | 9,358 | 0.5% | 9 |
| CONSOLIDATED EDISON INC | [ED](https://holderbook.com/stocks/ED/) | $830.0K | 8,709 | 0.5% | 9 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $823.4K | 8,836 | 0.5% | 7 |
| BLACKROCK CORPOR HI YLD FD I | [HYT](https://holderbook.com/stocks/HYT/) | $800.7K | 91,615 | 0.5% | 9 |
| PROSHARES TR | [NOBL](https://holderbook.com/stocks/NOBL/) | $774.9K | 8,611 | 0.5% | 9 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $759.7K | 16,620 | 0.5% | 9 |
| WISDOMTREE TR | [DGRW](https://holderbook.com/stocks/DGRW/) | $732.1K | 12,129 | 0.5% | 1 |
| ALPS ETF TR | [SDOG](https://holderbook.com/stocks/SDOG/) | $726.1K | 14,116 | 0.5% | 9 |
| HEALTHCARE RLTY TR | [HR](https://holderbook.com/stocks/HR/) | $724.5K | 37,597 | 0.5% | 2 |
| LPL FINL HLDGS INC | [LPLA](https://holderbook.com/stocks/LPLA/) | $703.3K | 3,253 | 0.4% | 9 |
| INVESCO EXCHANGE TRADED FD T | [PKW](https://holderbook.com/stocks/PKW/) | $648.2K | 7,576 | 0.4% | 9 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $629.4K | 3,484 | 0.4% | 9 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $567.1K | 3,160 | 0.4% | 9 |
| M & T BK CORP | [MTB](https://holderbook.com/stocks/MTB/) | $546.2K | 3,765 | 0.3% | 3 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $541.6K | 2,843 | 0.3% | 7 |
| ISHARES TR | [MTUM](https://holderbook.com/stocks/MTUM/) | $539.2K | 3,695 | 0.3% | 9 |
| WISDOMTREE TR | [DES](https://holderbook.com/stocks/DES/) | $519.8K | 18,276 | 0.3% | 9 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $519.5K | 2,500 | 0.3% | 9 |
| DAVIS FUNDAMENTAL ETF TR | [DFNL](https://holderbook.com/stocks/DFNL/) | $506.7K | 18,722 | 0.3% | 9 |
| STATE STR SPDR S&P MIDCAP 40 | [MDY](https://holderbook.com/stocks/MDY/) | $495.9K | 1,120 | 0.3% | 9 |
| SPDR SERIES TRUST | [SMLV](https://holderbook.com/stocks/SMLV/) | $490.6K | 4,557 | 0.3% | 9 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $489.8K | 1,661 | 0.3% | 9 |
| DOUBLELINE INCOME SOLUTIONS | [DSL](https://holderbook.com/stocks/DSL/) | $489.5K | 44,140 | 0.3% | 9 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $479.3K | 5,432 | 0.3% | 9 |
| AMERICAN TOWER CORP | [AMT](https://holderbook.com/stocks/AMT/) | $475.1K | 2,243 | 0.3% | 7 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $466.5K | 4,622 | 0.3% | 9 |
| EVERSOURCE ENERGY | [ES](https://holderbook.com/stocks/ES/) | $457.8K | 5,460 | 0.3% | 1 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $442.5K | 804 | 0.3% | 9 |
| WISDOMTREE TR | [DLN](https://holderbook.com/stocks/DLN/) | $415.0K | 6,698 | 0.3% | 9 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $399.7K | 3,245 | 0.2% | 9 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $394.2K | 10,004 | 0.2% | 9 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $388.6K | 733 | 0.2% | 9 |
| SPDR SERIES TRUST | [SPYM](https://holderbook.com/stocks/SPYM/) | $381.9K | 8,491 | 0.2% | 9 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $381.8K | 4,394 | 0.2% | 9 |
| LUMINAR TECHNOLOGIES INC | [LAZRXXXX](https://holderbook.com/stocks/LAZRXXXX/) | $371.2K | 75,000 | 0.2% | 4 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $359.1K | 2,117 | 0.2% | 7 |
| INVESCO EXCH TRADED FD TR II | [QQQM](https://holderbook.com/stocks/QQQM/) | $355.9K | 3,250 | 0.2% | 5 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $355.7K | 1,126 | 0.2% | 9 |
| EASTERN BANKSHARES INC | [EBC](https://holderbook.com/stocks/EBC/) | $345.0K | 20,000 | 0.2% | 8 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $344.3K | 4,212 | 0.2% | 8 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $334.5K | 18,169 | 0.2% | 9 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $326.8K | 2,715 | 0.2% | 9 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $326.0K | 848 | 0.2% | 9 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $319.0K | 2,379 | 0.2% | 9 |
| FS KKR CAP CORP | [FSK](https://holderbook.com/stocks/FSK/) | $316.8K | 18,101 | 0.2% | 9 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $308.1K | 6,013 | 0.2% | 7 |
| ISHARES TR | [FLOT](https://holderbook.com/stocks/FLOT/) | $304.2K | 6,045 | 0.2% | 9 |
| BROOKLINE BANCORP INC DEL | [BRKL](https://holderbook.com/stocks/BRKL/) | $299.5K | 21,166 | 0.2% | 7 |
| FIRST TR EXCHANGE TRADED FD | [AIRR](https://holderbook.com/stocks/AIRR/) | $298.9K | 6,774 | 0.2% | 8 |
| FLEXSHARES TR | [NFRA](https://holderbook.com/stocks/NFRA/) | $296.2K | 5,876 | 0.2% | 9 |
| HEICO CORP NEW | [HEI](https://holderbook.com/stocks/HEI/) | $292.7K | 1,905 | 0.2% | 9 |
| MAIN STR CAP CORP | [MAIN](https://holderbook.com/stocks/MAIN/) | $288.1K | 7,796 | 0.2% | 8 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $283.0K | 8,094 | 0.2% | 9 |
| TRAVELERS COMPANIES INC | [TRV](https://holderbook.com/stocks/TRV/) | $280.0K | 1,493 | 0.2% | 8 |
| FEDERATED HERMES INC | [FHI](https://holderbook.com/stocks/FHI/) | $273.2K | 7,523 | 0.2% | 7 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $269.6K | 1,719 | 0.2% | 8 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $263.3K | 2,373 | 0.2% | 4 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $260.9K | 2,533 | 0.2% | 9 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $259.8K | 1,178 | 0.2% | 5 |
| FIRST TR EXCHANGE-TRADED FD | [FTSL](https://holderbook.com/stocks/FTSL/) | $258.1K | 5,787 | 0.2% | 9 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $253.9K | 1,571 | 0.2% | 5 |

## 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 |
|---|---|---|---|---|
| Q4 2022 | +6.3% | +7.1% | -0.8% | 100% |
| Q3 2022 | -5.7% | -5.3% | -0.4% | 100% |
| Q2 2022 | -17.7% | -16.5% | -1.2% | 100% |
| Q1 2022 | -6.9% | -4.9% | -2.0% | 100% |
| Q4 2021 | +3.9% | +10.7% | -6.8% | 100% |
| Q3 2021 | -4.2% | +0.3% | -4.5% | 100% |
| Q2 2021 | +6.8% | +8.0% | -1.2% | 100% |
| Q1 2021 | +2.8% | +6.0% | -3.2% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q4 2022 | $160.2M | 119 |
| Q3 2022 | $148.4M | 116 |
| Q2 2022 | $157.7M | 119 |
| Q1 2022 | $194.9M | 131 |
| Q4 2021 | $206.1M | 132 |
| Q3 2021 | $197.1M | 123 |
| Q2 2021 | $221.3M | 136 |
| Q1 2021 | $198.7M | 114 |
| Q4 2020 | $162.2M | 94 |