HF
HBC Financial Services, PLLC Historical SEC 13F Holdings & Archive (Q4 2024)
HBC Financial Services, PLLCCIK: 0001802872
Long-term holderSector-focusedConcentrated strategy
Total reported value
$163.2M
Reporting period: 2024-12-31 · Number of holdings: 202
HBC Financial Services, PLLC disclosed 202 holdings in its latest 13F filing for the period ending 2024-12-31, with total reported value of $163.2M and a quarterly turnover rate of 0.0%.
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Personality snowflake
- Concentration
- 77.94
- Portfolio Stability
- 0
- Momentum
- 50
- Sector conviction
- 84.08
- Diversification
- 100
- Sizing Uniformity
- 37.91
HBC Financial Services, PLLC's disclosed holdings carry a Herfindahl concentration index of 0.195 — mathematically equivalent to about 5 equally-sized positions, well below its 202 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes vary widely across the portfolio (a coefficient of variation of 6.21), with a handful of outsized bets alongside many smaller positions.
No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.
Sector classification currently covers about 14% of this portfolio's disclosed value; the remainder includes holdings (e.g. unmapped tickers, options, or other security types) not yet covered by our sector mapping.
Source and citation information
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Recent moves
View source Form 13F filing on SEC.govNo holding changes this quarter
Holdings Map
New buyAddUnchangedTrim
Top 10 holdings by weight
Full holdings list this quarter
Showing top 200 holdings (of 202 total)
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | IWB | Ishares Russell 1000 ETF | ETF-Other | 30.15% | — | -3.25% | |
| 2 | IJH | Ishares Core S&p Midcap ETF | ETF-Other | 29.18% | — | -0.84% | |
| 3 | MUB | Ishares National Muni Bond E | ETF-Other | 9.35% | — | +7.56% | |
| 4 | AGG | Ishares Core U.s. Aggregate | ETF-Other | 7.95% | — | +7.86% | |
| 5 | MSFT | Microsoft CORP | Stock-Tech | 4.14% | — | +0.04% | |
| 6 | SBUX | Starbucks CORP | Stock-Consumer Disc | 2.41% | — | +0.00% | |
| 7 | VB | Vanguard Small-cap ETF | ETF-Other | 2.14% | — | -0.89% | |
| 8 | AAPL | Apple Inc | Stock-Tech | 1.60% | — | — | |
| 9 | VTI | Vanguard Total Stock Mkt ETF | ETF-Other | 1.48% | — | -11.51% | |
| 10 | VIG | Vanguard Dividend Apprec ETF | ETF-Other | 1.17% | — | -2.26% | |
| 11 | COST | Costco Wholesale CORP | Stock-Consumer Staples | 0.86% | — | — | |
| 12 | IVV | Ishares Core S&p 500 ETF | ETF-Large Cap & Growth | 0.80% | — | -5.15% | |
| 13 | TSLA | Tesla Inc | Stock-Consumer Disc | 0.67% | — | -9.45% | |
| 14 | AMZN | Amazon.com Inc | Stock-Consumer Disc | 0.67% | — | +8.57% | |
| 15 | BRK-B | Berkshire Hathaway Inc-cl B | Stock-Other | 0.46% | — | — | |
| 16 | BRK-A | Berkshire Hathaway Inc-cl A | Stock-Other | 0.42% | — | — | |
| 17 | TMO | Thermo Fisher Scientific Inc | Stock-Healthcare | 0.32% | — | — | |
| 18 | FNDE | Schwab Fndmntl Em Mrk Eq ETF | ETF-Other | 0.31% | — | +0.67% | |
| 19 | WMT | Walmart Inc | Stock-Consumer Staples | 0.31% | — | — | |
| 20 | LMT | Lockheed Martin CORP | Stock-Industrials | 0.30% | — | — | |
| 21 | IWR | Ishares Russell Mid-cap ETF | ETF-Other | 0.28% | — | — | |
| 22 | HD | Home Depot Inc | Stock-Consumer Disc | 0.24% | — | — | |
| 23 | EFA | Ishares Msci Eafe ETF | ETF-Other | 0.21% | — | +1.50% | |
| 24 | JPM | Jpmorgan Chase & Co | Stock-Financials | 0.18% | — | +0.08% | |
| 25 | CB | Chubb Limited | Stock-Financials | 0.17% | — | — | |
| 26 | ABBV | Abbvie Inc | Stock-Healthcare | 0.15% | — | +0.07% | |
| 27 | XOM | Exxon Mobil CORP | Stock-Energy | 0.14% | — | +0.05% | |
| 28 | VNQ | Vanguard Real Estate ETF | ETF-Other | 0.14% | — | +0.08% | |
| 29 | GOOGL | Alphabet Inc-cl A | Stock-Comm Services | 0.14% | — | — | |
| 30 | IWP | Ishares Russell Mid-cap Grow | ETF-Other | 0.13% | — | — | |
| 31 | IWS | Ishares Russell Mid-cap Valu | ETF-Other | 0.13% | — | — | |
| 32 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-Large Cap & Growth | 0.13% | — | — | |
| 33 | T | At&t Inc | Stock-Comm Services | 0.12% | — | — | |
| 34 | SCHD | Schwab US Dvd Equity ETF | ETF-Other | 0.12% | — | +0.11% | |
| 35 | AMGN | Amgen Inc | Stock-Healthcare | 0.10% | — | — | |
| 36 | SLYG | Ss Spdr S&p 600 Sc Gr ETF | ETF-Other | 0.10% | — | — | |
| 37 | FMDE | Fidelity Enhanced Mid Cap Co | ETF-Other | 0.10% | — | +0.29% | |
| 38 | BUI | Blckrck Util Infra & Pwr Opp | Stock-Other | 0.10% | — | — | |
| 39 | AVGO | Broadcom Inc | Stock-Tech | 0.09% | — | — | |
| 40 | KO | Coca-cola Co/the | Stock-Consumer Staples | 0.09% | — | +0.09% | |
| 41 | IWV | Ishares Russell 3000 ETF | ETF-Other | 0.08% | — | +1.74% | |
| 42 | KHC | Kraft Heinz Co/the | Stock-Consumer Staples | 0.08% | — | +88.38% | |
| 43 | MRK | Merck & Co. Inc. | Stock-Healthcare | 0.07% | — | — | |
| 44 | CSCO | Cisco Systems Inc | Stock-Tech | 0.07% | — | — | |
| 45 | GOOG | Alphabet Inc-cl C | Stock-Comm Services | 0.06% | — | — | |
| 46 | SPYI | Neos S&p 500 High Income ETF | ETF-Large Cap & Growth | 0.06% | — | +1.00% | |
| 47 | VFLO | Victoryshares Free Cash Flow | ETF-Other | 0.06% | — | — | |
| 48 | OXY | Occidental Petroleum CORP | Stock-Energy | 0.06% | — | -88.59% | |
| 49 | PDO | Pimco Dynamic Income Opport | Stock-Other | 0.06% | — | — | |
| 50 | ABT | Abbott Laboratories | Stock-Healthcare | 0.06% | — | — |
1–50 of 200
Portfolio Performance
Performance for Q3 2026
+2.3%
Performance Last 4 Quarters
+15.9%
- Stdev
- +11.5%
- Beta
- +0.85
- Alpha
- -2.4%
- Max Drawdown
- -9.2%
- Annualized Perf
- +14.9%
- Batting Avg vs S&P
- +36.1%
- Sortino
- +2.39
- Stutzer
- +0.37
- Treynor
- +0.17
- Sterling
- +0.93
- Calmar
- +1.61
- Information Ratio
- -1.42
- Tracking Error
- +3.8%
- Stdev Down
- +6.1%
- Winning Months %
- +69.4%
- Losing Months %
- +30.6%
- Best 12 Months
- +28.4%
- Worst 12 Months
- +3.3%
- Efficiency Ratio
- +0.51
- Sharpe
- +1.27
- Stdev Sectors
- +13.1%
- Skewness
- -0.05
- Kurtosis
- -0.21
- Upside Potential
- +3.98
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
| Period | Holdings | Total value | Stability | Top holdings | |
|---|---|---|---|---|---|
| 2024 Q4 | 202 | $163.2M | 0 | ||
| 2024 Q3 | 197 | $164.6M | 0 | ||
| 2024 Q2 | 173 | $157.1M | 0 | ||
| 2024 Q1 | 183 | $147.4M | 0 | ||
| 2023 Q4 | 182 | $147.5M | 0 | ||
| 2023 Q3 | 200 | $133.3M | 0 | ||
| 2023 Q2 | 189 | $140.8M | 0 | ||
| 2023 Q1 | 196 | $133.4M | 0 | ||
| 2022 Q4 | 180 | $125.7M | 0 | ||
| 2022 Q3 | 185 | $118.7M | 0 | ||
| 2022 Q2 | 188 | $128.7M | 0 | ||
| 2022 Q1 | 181 | $138.5M | 0 | ||
| 2021 Q4 | 181 | $157.6M | 0 | ||
| 2021 Q3 | 187 | $150.0M | 0 | ||
| 2021 Q2 | 198 | $148.0M | 99 | ||
| 2021 Q1 | 197 | $145.1M | 13 | ||
| 2020 Q4 | 168 | $129.0M | 53 | ||
| 2020 Q3 | 185 | $118.6M | 51 | ||
| 2020 Q2 | 166 | $111.4M | 28 | ||
| 2020 Q1 | 162 | $88.2M | 35 | ||
| 2019 Q4 | 172 | $115.4M | 0 |
Holding changes this quarter
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|
Filing History
FAQ
What is HBC Financial Services, PLLC and what type of investor is it?
HBC Financial Services, PLLC is an investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2024-12-31), the firm manages a tracked equity portfolio valued at approximately $163.2M, spread across 202 disclosed positions.
What are HBC Financial Services, PLLC's largest equity positions?
Based on the latest 13F filing, HBC Financial Services, PLLC's top holdings by market value are:
1. Ishares Russell 1000 ETF (IWB) — $49.2M (30.1%)
2. Ishares Core S&p Midcap ETF (IJH) — $47.6M (29.2%)
3. Ishares National Muni Bond E (MUB) — $15.3M (9.3%)
4. Ishares Core U.s. Aggregate (AGG) — $13.0M (8.0%)
5. Microsoft CORP (MSFT) — $6.8M (4.1%)
What changes did HBC Financial Services, PLLC make in its most recent portfolio filing?
No notable portfolio changes were recorded for HBC Financial Services, PLLC in the most recent quarter. Holdings appear to have remained relatively stable.
What sectors does HBC Financial Services, PLLC focus on?
HBC Financial Services, PLLC is concentrated in the following sectors based on its current disclosed equity portfolio:
• Information Technology: 42.6%
• Consumer Discretionary: 28.5%
• Consumer Staples: 9.8%
• Health Care: 5.3%
• Financials: 3.9%
• Industrials: 3.8%
Investment Profile
HBC Financial Services, PLLC returned an annualized 14.9% over the trailing 36 months — underperforming the S&P 500 by 2.4 points — based on a reconstructed track record of its disclosed 13F positions, with a beta of 0.85 (less volatile than the market) and a 36% quarterly batting average against the index.
Its portfolio is concentrated and long-term-holding, with 42.6% of the portfolio concentrated in Information Technology.
It has added to its MUB position over the past two quarters (+$1.1M, now $15.3M), while trimming TMO over the same stretch (-$79.0K, still holding $528.0K).
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