Bickling Financial Services, Inc.

CIK

1844895

Location

LEXINGTON, MA

Portfolio Value

Micro $51,214,772

Diversification

Diversified

Filing Date

Global Rank

#5,313 / 6,949 ▼ 183 · as of Dec 2022

Top Industry

Asset Management 17.0%

3Y Alpha vs SPY

-4.5%

Period ended 3 years ago

Filed Jan 31, 2023 · 3y

9 quarters · since Dec 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+56.6%

SPY

+76.0%

Annualised alpha

-4.6%

Max drawdown

−13.8%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

67 positions · as of Dec 31, 2022 · Δ vs Sep 30, 2022

Top Position

11.5%

+1.4 pts

Top 5

35.0%

−0.8 pts

Top 10

50.9%

−2.6 pts

HHI

383

Diversified−7

Portfolio Trend

9 quarters · across all stocks

Sector Breakdown

As of Dec 31, 2022

Sector	% Portfolio	Value	Positions
Financial Services	34.6%	$17,727,056	21
Technology	12.5%	$6,397,554	5
Unclassified	10.4%	$5,335,307	4
Industrials	9.7%	$4,982,358	6
Healthcare	8.7%	$4,468,144	9
Utilities	6.3%	$3,224,287	4
Consumer Defensive	5.1%	$2,608,007	4
Consumer Cyclical	4.8%	$2,474,538	4
Communication Services	4.4%	$2,230,638	7
Real Estate	2.3%	$1,199,695	2
Energy	1.1%	$567,188	1

Last Quarter's Activity

Export CSV

Dec 31, 2022 vs Sep 30, 2022

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
DIS	Walt Disney Co	+413	4,394	$381,750
MAIN	Main Street Capital CORP	+372	7,796	$288,062
T	At&T Inc.	+160	18,169	$334,491
JNJ	Johnson & Johnson	+142	4,820	$851,453
META	Meta Platforms, Inc.	+126	2,715	$326,723
QQQ	Invesco Qqq Trust, Series 1	+125	6,423	$1,710,316
NEE	Nextera Energy Inc	+98	20,043	$1,675,594
UNP	Union Pacific Corp	+90	15,491	$3,207,721
MSFT	Microsoft Corp	+63	7,374	$1,768,432
FHI	Federated Hermes, Inc.	+57	7,523	$273,160
CMCSA	Comcast Corp	+50	8,094	$265,273
HR	Healthcare Realty Trust Inc	+50	37,597	$724,494
CVS	CVS HEALTH Corp	+49	8,836	$823,426
BAC	Bank Of America Corp /De/	+42	25,648	$849,461
NVDA	Nvidia Corp	+40	10,006	$146,227
PFE	Pfizer Inc	+32	6,013	$308,106
CVX	Chevron Corp	+22	3,160	$567,188
MO	Altria Group, Inc.	+20	16,620	$759,700
AMT	American Tower Corp /Ma/	+18	2,243	$475,201
ORCL	Oracle Corp	+18	4,212	$344,288
NBB	Nuveen Taxable Municipal Income Fund	+17	11,728	$187,178
MTB	M&T Bank Corp	+15	3,765	$546,150
RTX	RTX Corp	+12	4,622	$466,452
JPM	Jpmorgan Chase & Co	+11	2,379	$319,023
ED	Consolidated Edison Inc	+10	8,709	$830,054
No positions match the current search.

Trimmed

Positions the filer reduced

17 positions

Ticker	Company	Δ Shares	Shares	Value
BSTZ	BlackRock Science & Technology Term Trust	−41,896	138,890	$2,172,239
HYT	Blackrock Corporate High Yield Fund, Inc.	−20,473	91,615	$800,715
DSL	DoubleLine Income Solutions Fund	−13,821	44,140	$489,512
BST	BlackRock Science & Technology Trust	−12,199	50,405	$1,429,989
FSK	FS KKR Capital Corp	−3,117	18,101	$316,767
MRK	Merck & Co., Inc.	−1,858	2,373	$263,284
VZ	Verizon Communications Inc	−1,553	10,004	$394,157
USA	Liberty All Star Equity Fund	−1,418	263,503	$1,501,967
AMZN	Amazon Com Inc	−1,340	17,900	$1,503,600
NMT	Nuveen Massachusetts Quality Municipal Income Fund	−245	14,164	$149,713
TSLA	Tesla, Inc.	−236	3,245	$399,719
SPY	Spdr S&P 500 ETF Trust	−187	7,243	$2,769,940
GOOGL	Alphabet Inc.	−154	5,432	$479,265
BRK-B	Berkshire Hathaway Inc	−122	19,020	$5,875,278
TRV	Travelers Companies, Inc.	−50	1,493	$279,922
HD	Home Depot, Inc.	−33	1,126	$355,658
AAPL	Apple Inc.	−14	29,994	$3,897,120
No positions match the current search.

New Positions

Positions the filer opened this quarter

5 positions

Ticker	Company	Shares	Value
ES	Eversource Energy	5,460	$457,766
MA	Mastercard Inc	628	$218,374
SBUX	Starbucks Corp	2,173	$215,561
UPS	United Parcel Service Inc	1,175	$204,262
AMP	Ameriprise Financial Inc	649	$202,079
No positions match the current search.

Sold Out

Positions the filer fully exited

2 positions

Ticker	Company	Shares	Value
KRG	Kite Realty Group Trust	11,439	$196,979
GAB	Gabelli Equity Trust Inc	11,514	$62,699
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

67 positions · $51,214,772 total · as of Dec 31, 2022

All sectors Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 67 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	19,020	-122	$5,875,278	+14.9%	11.47%
AAPL	Apple Inc. Technology	Reduced	29,994	-14	$3,897,120	−6.0%	7.61%
UNP	Union Pacific Corp Industrials	Added	15,491	+90	$3,207,721	+6.9%	6.26%
SPY	Spdr S&P 500 ETF Trust	Reduced	7,243	-187	$2,769,940	+4.4%	5.41%
BSTZ	BlackRock Science & Technology Term Trust Financial Services	Reduced	138,890	-41,896	$2,172,239	−31.9%	4.24%
MSFT	Microsoft Corp Technology	Added	7,374	+63	$1,768,432	+3.9%	3.45%
QQQ	Invesco Qqq Trust, Series 1	Added	6,423	+125	$1,710,316	+1.6%	3.34%
NEE	Nextera Energy Inc Utilities	Added	20,043	+98	$1,675,594	+7.1%	3.27%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	17,900	-1,340	$1,503,600	−30.8%	2.94%
USA	Liberty All Star Equity Fund Financial Services	Reduced	263,503	-1,418	$1,501,967	+2.5%	2.93%
BST	BlackRock Science & Technology Trust Financial Services	Reduced	50,405	-12,199	$1,429,989	−22.3%	2.79%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	6,452	+5	$977,865	+20.1%	1.91%
CNC	Centene Corp Healthcare	Held	10,884	0	$892,596	+5.4%	1.74%
JNJ	Johnson & Johnson Healthcare	Added	4,820	+142	$851,453	+11.4%	1.66%
BAC	Bank Of America Corp /De/ Financial Services	Added	25,648	+42	$849,461	+9.8%	1.66%
ED	Consolidated Edison Inc Utilities	Added	8,709	+10	$830,054	+11.3%	1.62%
CVS	CVS HEALTH Corp Healthcare	Added	8,836	+49	$823,426	−1.7%	1.61%
HYT	Blackrock Corporate High Yield Fund, Inc. Financial Services	Reduced	91,615	-20,473	$800,715	−16.4%	1.56%
MO	Altria Group, Inc. Consumer Defensive	Added	16,620	+20	$759,700	+13.3%	1.48%
HR	Healthcare Realty Trust Inc Real Estate	Added	37,597	+50	$724,494	−7.5%	1.41%
LPLA	LPL Financial Holdings Inc. Financial Services	Added	3,253	+2	$703,201	−1.0%	1.37%
PEP	Pepsico Inc Consumer Defensive	Added	3,484	+1	$629,419	+10.7%	1.23%
CVX	Chevron Corp Energy	Added	3,160	+22	$567,188	+25.8%	1.11%
MTB	M&T Bank Corp Financial Services	Added	3,765	+15	$546,150	−17.4%	1.07%
BA	Boeing Co Industrials	Held	2,843	0	$541,563	+57.3%	1.06%
V	Visa Inc. Financial Services	Added	2,500	+3	$519,400	+17.1%	1.01%
MDY	Spdr S&P Midcap 400 ETF Trust	Added	1,120	+3	$495,924	+10.5%	0.97%
DSL	DoubleLine Income Solutions Fund Financial Services	Reduced	44,140	-13,821	$489,512	−21.8%	0.96%
GOOGL	Alphabet Inc. Communication Services	Reduced	5,432	-154	$479,265	−10.3%	0.94%
AMT	American Tower Corp /Ma/ Real Estate	Added	2,243	+18	$475,201	−0.5%	0.93%
RTX	RTX Corp Industrials	Added	4,622	+12	$466,452	+23.6%	0.91%
ES	Eversource Energy Utilities	NEW	5,460	NEW	$457,766	NEW	0.89%
TMO	Thermo Fisher Scientific Inc. Healthcare	Added	804	+1	$442,754	+8.7%	0.86%
TSLA	Tesla, Inc. Consumer Cyclical	Reduced	3,245	-236	$399,719	−56.7%	0.78%
VZ	Verizon Communications Inc Communication Services	Reduced	10,004	-1,553	$394,157	−10.2%	0.77%
UNH	Unitedhealth Group Inc Healthcare	Added	733	+2	$388,621	+5.3%	0.76%
DIS	Walt Disney Co Communication Services	Added	4,394	+413	$381,750	+1.7%	0.75%
GLD	Spdr Gold Trust	Held	2,117	0	$359,127	+9.7%	0.70%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	1,126	-33	$355,658	+11.2%	0.69%
EBC	Eastern Bankshares, Inc. Financial Services	Held	20,000	0	$345,000	−12.2%	0.67%
ORCL	Oracle Corp Technology	Added	4,212	+18	$344,288	+34.4%	0.67%
T	At&T Inc. Communication Services	Added	18,169	+160	$334,491	+21.1%	0.65%
META	Meta Platforms, Inc. Communication Services	Added	2,715	+126	$326,723	−7.0%	0.64%
JPM	Jpmorgan Chase & Co Financial Services	Added	2,379	+11	$319,023	+28.9%	0.62%
FSK	FS KKR Capital Corp Financial Services	Reduced	18,101	-3,117	$316,767	−11.9%	0.62%
PFE	Pfizer Inc Healthcare	Added	6,013	+32	$308,106	+17.7%	0.60%
HEI	Heico Corp Industrials	Added	1,905	+1	$292,684	+6.8%	0.57%
MAIN	Main Street Capital CORP Financial Services	Added	7,796	+372	$288,062	+15.3%	0.56%
TRV	Travelers Companies, Inc. Financial Services	Reduced	1,493	-50	$279,922	+18.4%	0.55%
FHI	Federated Hermes, Inc. Financial Services	Added	7,523	+57	$273,160	+10.5%	0.53%