Burton Enright Welch
SEC Form 13F institutional filer · CIK 0002105919
13F-HR · 64 reported holdings · 2026-03-31
Reported long-US-equity value
$0.11B
Top-10 concentration
66.3%
Burton Enright Welch — $114M AUM allocation strategy
Burton Enright Welch files SEC Form 13F and reports $114M of long US equity value across 64 reported holdings for 2026-03-31.
Its largest sector bet is Information Technology 14.9%, followed by Energy 14.6% and Health Care 11.1%.
The top 10 holdings account for 66% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
Burton Enright Welch — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$114M
total across 64 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
66% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$VOO +21.4K sh · +$1.09M+$IVV +1.39K sh · −$59.9K+$GOOG +691 sh · +$3.71K
Biggest trims (shares)
−$BAC −3.46K sh · −$527K−$SCHW −3.35K sh · −$290K−$AVGO −2.35K sh · −$1.14M
Exited to nil (held last quarter, gone now)
$INTU ($213K last qtr)$AMD ($205K last qtr)$LOW ($201K last qtr)
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Integrated Oil & Gas14.6%—
- Health Care Distributors9.1%—
- Technology Hardware, Storage & Peripherals7.3%—
- Semiconductors4.9%—
- Interactive Media & Services3.8%—
- Systems Software2.7%—
- Broadline Retail2.3%—
- Diversified Banks2.3%—
- Other holdings53.0%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
8 of 8 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $CVX | Chevron Corporation | 80.6K | $16.7M | -2.03K | 14.6% |
| $MCK | McKesson Corporation | 12.1K | $10.4M | -101 | 9.1% |
| $AAPL | Apple Inc | 32.8K | $8.33M | -2.24K | 7.3% |
| $MSFT | Microsoft Corporation | 8.43K | $3.12M | +224 | 2.7% |
| $NVDA | NVIDIA Corporation | 16.6K | $2.89M | -278 | 2.5% |
| $AVGO | Broadcom Inc | 8.83K | $2.73M | -2.35K | 2.4% |
| $AMZN | Amazon.com Inc | 12.7K | $2.64M | +576 | 2.3% |
| $BAC | Bank of America Corporation | 53.9K | $2.63M | -3.46K | 2.3% |
…and 56 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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