Burton Enright Welch

CIK

2105919

Location

WALNUT CREEK, CA

Portfolio Value

Micro $90,184,217

Diversification

Diversified

Filing Date

Global Rank

#5,899 / 8,603 ▲ 162 · as of Mar 2026

Top Industry

Oil & Gas Integrated 18.9%

3Y Alpha vs SPY

-1.2%

Period ended 3 months ago

Filed May 4, 2026 · 2mo

18 quarters · since Dec 2021

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

+73.0%

SPY

+76.0%

Annualised alpha

-0.7%

Max drawdown

−16.4%

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

62 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

18.5%

+4.6 pts

Top 5

49.1%

+3.8 pts

Top 10

63.8%

+0.4 pts

HHI

700

Diversified+112

Portfolio Trend

18 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	23.8%	$21,485,895	14
Energy	18.5%	$16,683,588	1
Healthcare	17.2%	$15,468,884	9
Financial Services	11.9%	$10,761,604	11
Industrials	10.2%	$9,166,569	9
Consumer Cyclical	7.5%	$6,797,810	5
Communication Services	5.1%	$4,586,884	5
Consumer Defensive	3.5%	$3,122,203	4
Unclassified	2.1%	$1,872,229	3
Utilities	0.3%	$238,551	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

22 positions

Ticker	Company	Δ Shares	Shares	Value
LECO	Lincoln Electric Holdings Inc	+2,000	22,764	$5,670,057
GOOGL	Alphabet Inc.	+691	8,356	$2,402,851
AMZN	Amazon Com Inc	+576	12,693	$2,643,571
WMT	Walmart Inc.	+501	4,836	$601,018
JPM	Jpmorgan Chase & Co	+413	3,444	$1,013,087
NFLX	Netflix Inc	+269	2,745	$263,931
HD	Home Depot, Inc.	+251	2,229	$733,095
V	Visa Inc.	+244	4,136	$1,250,064
MSFT	Microsoft Corp	+224	8,429	$3,120,162
PG	PROCTER & GAMBLE Co	+192	3,261	$471,018
AXP	American Express Co	+183	1,521	$460,072
COST	Costco Wholesale Corp /New	+116	1,544	$1,538,487
GS	Goldman Sachs Group Inc	+101	391	$330,782
ISRG	Intuitive Surgical Inc	+57	825	$380,316
QQQ	Invesco Qqq Trust, Series 1	+51	654	$377,475
DIS	Walt Disney Co	+34	4,206	$405,374
CAT	Caterpillar Inc	+32	1,672	$1,184,545
BRK-B	Berkshire Hathaway Inc	+31	3,193	$1,530,085
BLK	BlackRock, Inc.	+14	217	$208,691
CDNS	Cadence Design Systems Inc	+6	2,546	$707,457
MCD	Mcdonalds Corp	+6	1,368	$425,160
LMT	Lockheed Martin Corp	+1	445	$268,953
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
BAC	Bank Of America Corp /De/	−3,460	53,920	$2,628,600
AVGO	Broadcom Inc.	−2,354	8,830	$2,732,973
AAPL	Apple Inc.	−2,240	32,837	$8,333,702
CNOB	ConnectOne Bancorp, Inc.	−2,237	77,425	$2,072,667
CVX	Chevron Corp	−2,028	80,636	$16,683,588
TSLA	Tesla, Inc.	−1,321	6,189	$2,300,760
INTC	Intel Corp	−609	14,124	$623,292
CSCO	Cisco Systems, Inc.	−336	6,112	$474,230
JNJ	Johnson & Johnson	−326	3,737	$913,472
IBM	International Business Machines Corp	−299	1,024	$248,207
NVDA	Nvidia Corp	−278	16,568	$2,889,459
PEP	Pepsico Inc	−254	3,295	$511,680
GE	General Electric Co	−246	1,382	$392,170
WSM	Williams Sonoma Inc	−237	3,813	$695,224
AMAT	Applied Materials Inc /De	−215	1,088	$371,867
ABBV	AbbVie Inc.	−209	1,554	$337,979
WFC	Wells Fargo & Company/Mn	−186	6,997	$557,031
AMGN	Amgen Inc	−119	656	$230,813
SPY	Spdr S&P 500 ETF Trust	−104	1,959	$1,274,016
MCK	Mckesson Corp	−101	12,057	$10,433,645
EXPD	Expeditors International Of Washington Inc	−100	4,208	$602,711
GLD	Spdr Gold Trust	−97	513	$220,738
ORCL	Oracle Corp	−96	4,559	$670,674
LLY	ELI LILLY & Co	−84	2,531	$2,327,937
GEV	GE Vernova Inc.	−67	346	$302,023
No positions match the current search.

New Positions

Positions the filer opened this quarter

7 positions

Ticker	Company	Shares	Value
BR	Broadridge Financial Solutions, Inc.	1,681	$273,128
MRK	Merck & Co., Inc.	2,184	$262,713
FTNT	Fortinet, Inc.	3,137	$256,355
TXN	Texas Instruments Inc	1,156	$224,425
C	Citigroup Inc	1,868	$211,849
TT	Trane Technologies plc	492	$205,036
FDX	Fedex Corp	646	$185,408
No positions match the current search.

Sold Out

Positions the filer fully exited

5 positions

Ticker	Company	Shares	Value
DOCU	Docusign, Inc.	3,519	$240,699
SCHW	Schwab Charles Corp	2,140	$213,807
INTU	Intuit Inc.	322	$213,299
AMD	Advanced Micro Devices Inc	955	$204,522
LOW	Lowes Companies Inc	833	$200,886
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

62 positions · $90,184,217 total · as of Mar 31, 2026

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

Showing 1–50 of 62 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
CVX	Chevron Corp Energy	Reduced	80,636	-2,028	$16,683,588	+32.4%	18.50%
MCK	Mckesson Corp Healthcare	Reduced	12,057	-101	$10,433,645	+4.6%	11.57%
AAPL	Apple Inc. Technology	Reduced	32,837	-2,240	$8,333,702	−12.6%	9.24%
LECO	Lincoln Electric Holdings Inc Industrials	Added	22,764	+2,000	$5,670,057	+14.0%	6.29%
MSFT	Microsoft Corp Technology	Added	8,429	+224	$3,120,162	−21.4%	3.46%
NVDA	Nvidia Corp Technology	Reduced	16,568	-278	$2,889,459	−8.0%	3.20%
AVGO	Broadcom Inc. Technology	Reduced	8,830	-2,354	$2,732,973	−29.4%	3.03%
AMZN	Amazon Com Inc Consumer Cyclical	Added	12,693	+576	$2,643,571	−5.5%	2.93%
BAC	Bank Of America Corp /De/ Financial Services	Reduced	53,920	-3,460	$2,628,600	−16.7%	2.91%
GOOGL	Alphabet Inc. Communication Services	Added	8,356	+691	$2,402,851	+0.2%	2.66%
LLY	ELI LILLY & Co Healthcare	Reduced	2,531	-84	$2,327,937	−17.2%	2.58%
TSLA	Tesla, Inc. Consumer Cyclical	Reduced	6,189	-1,321	$2,300,760	−31.9%	2.55%
CNOB	ConnectOne Bancorp, Inc. Financial Services	Reduced	77,425	-2,237	$2,072,667	−0.8%	2.30%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	1,544	+116	$1,538,487	+24.9%	1.71%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	3,193	+31	$1,530,085	−3.7%	1.70%
SPY	Spdr S&P 500 ETF Trust	Reduced	1,959	-104	$1,274,016	−9.4%	1.41%
V	Visa Inc. Financial Services	Added	4,136	+244	$1,250,064	−8.4%	1.39%
CAT	Caterpillar Inc Industrials	Added	1,672	+32	$1,184,545	+26.1%	1.31%
META	Meta Platforms, Inc. Communication Services	Reduced	2,056	-39	$1,176,299	−14.9%	1.30%
JPM	Jpmorgan Chase & Co Financial Services	Added	3,444	+413	$1,013,087	+3.7%	1.12%
JNJ	Johnson & Johnson Healthcare	Reduced	3,737	-326	$913,472	+8.6%	1.01%
HD	Home Depot, Inc. Consumer Cyclical	Added	2,229	+251	$733,095	+7.7%	0.81%
CDNS	Cadence Design Systems Inc Technology	Added	2,546	+6	$707,457	−10.9%	0.78%
WSM	Williams Sonoma Inc Consumer Cyclical	Reduced	3,813	-237	$695,224	−3.9%	0.77%
ORCL	Oracle Corp Technology	Reduced	4,559	-96	$670,674	−26.1%	0.74%
INTC	Intel Corp Technology	Reduced	14,124	-609	$623,292	+14.7%	0.69%
EXPD	Expeditors International Of Washington Inc Industrials	Reduced	4,208	-100	$602,711	−6.1%	0.67%
WMT	Walmart Inc. Consumer Defensive	Added	4,836	+501	$601,018	+24.4%	0.67%
SYK	Stryker Corp Healthcare	Reduced	1,710	-16	$561,888	−7.4%	0.62%
ADP	Automatic Data Processing Inc Technology	Reduced	2,756	-39	$559,964	−22.1%	0.62%
WFC	Wells Fargo & Company/Mn Financial Services	Reduced	6,997	-186	$557,031	−16.8%	0.62%
PEP	Pepsico Inc Consumer Defensive	Reduced	3,295	-254	$511,680	+0.5%	0.57%
PHYS	Sprott Physical Gold Trust Financial Services	Held	14,071	0	$498,676	+7.3%	0.55%
CSCO	Cisco Systems, Inc. Technology	Reduced	6,112	-336	$474,230	−4.5%	0.53%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	3,261	+192	$471,018	+7.1%	0.52%
AXP	American Express Co Financial Services	Added	1,521	+183	$460,072	−7.1%	0.51%
MCD	Mcdonalds Corp Consumer Cyclical	Added	1,368	+6	$425,160	+2.1%	0.47%
DIS	Walt Disney Co Communication Services	Added	4,206	+34	$405,374	−14.6%	0.45%
GE	General Electric Co Industrials	Reduced	1,382	-246	$392,170	−21.8%	0.43%
ISRG	Intuitive Surgical Inc Healthcare	Added	825	+57	$380,316	−12.6%	0.42%
QQQ	Invesco Qqq Trust, Series 1	Added	654	+51	$377,475	+1.9%	0.42%
AMAT	Applied Materials Inc /De Technology	Reduced	1,088	-215	$371,867	+11.1%	0.41%
BA	Boeing Co Industrials	Reduced	1,787	-64	$355,666	−11.5%	0.39%
T	At&T Inc. Communication Services	Reduced	11,674	-11	$338,429	+16.6%	0.38%
ABBV	AbbVie Inc. Healthcare	Reduced	1,554	-209	$337,979	−16.1%	0.37%
GS	Goldman Sachs Group Inc Financial Services	Added	391	+101	$330,782	+29.8%	0.37%
GEV	GE Vernova Inc. Industrials	Reduced	346	-67	$302,023	+11.9%	0.33%
BR	Broadridge Financial Solutions, Inc. Technology	NEW	1,681	NEW	$273,128	NEW	0.30%
LMT	Lockheed Martin Corp Industrials	Added	445	+1	$268,953	+25.2%	0.30%
NFLX	Netflix Inc Communication Services	Added	2,745	+269	$263,931	+13.7%	0.29%