Burns Matteson Capital Management LLC's Q1 2023 13F: 43 new positions, 44 exits
Form 13F-HR for the quarter ended Mar 31, 2023 · filed Dec 12, 2023 · 139 reported positions · accession 0001894164-23-000011
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Increased | ISHARES 1-3 YEAR TREASURY BOND ETF (SHY) | 2.4% | 8.4% | +6.1 pts | +117K sh | +266% |
| Increased | ISHARES 20 YEAR TREASURY BOND ETF (TLT) | 3.5% | 6.1% | +2.6 pts | +36,941 sh | +70% |
| Exited | ISHARES J.P. MORGAN EMERGING MARKETS BOND ETF (EMB) | 2.2% | — | −2.2 pts | −38,469 sh | −100% |
| Exited | SPDR PORTFOLIO LONG TERM TREASURY ETF (SPTL) | 2.1% | — | −2.1 pts | −109K sh | −100% |
| Exited | ISHARES HIGH YIELD CORPORATE BOND ETF (HYG) | 1.8% | — | −1.8 pts | −36,378 sh | −100% |
| Exited | SPDR BARCLAYS CONVERTIBLE BOND ETF (CWB) | 1.2% | — | −1.2 pts | −28,637 sh | −100% |
| Exited | ISHARES CONVERTIBLE BOND ETF (ICVT) | 1.0% | — | −1.0 pts | −20,982 sh | −100% |
| Exited | GILEAD SCIENCES INC COM (GILD) | 0.5% | — | −0.5 pts | −9,044 sh | −100% |
| Exited | AMERICAN INTL GROUP INC COM NEW (AIG) | 0.5% | — | −0.5 pts | −11,729 sh | −100% |
| Exited | HCA HEALTHCARE INC COM (HCA) | 0.5% | — | −0.5 pts | −2,987 sh | −100% |
| New | AT&T INC COM (T) | — | 0.5% | +0.5 pts | +38,222 sh | new |
| New | CLEVELAND CLIFFS INC COM (CLF) | — | 0.5% | +0.5 pts | +40,099 sh | new |
| New | MCKESSON CORP COM (MCK) | — | 0.5% | +0.5 pts | +2,063 sh | new |
| Exited | EASTMAN CHEM CO COM (EMN) | 0.5% | — | −0.5 pts | −8,491 sh | −100% |
| New | ENVISTA HOLDINGS CORPORATION COM (NVST) | — | 0.5% | +0.5 pts | +17,609 sh | new |
| New | VALERO ENERGY CORP COM (VLO) | — | 0.5% | +0.5 pts | +5,138 sh | new |
| Exited | ANNALY CAPITAL MANAGEMENT INC COM (NLY) | 0.5% | — | −0.5 pts | −32,611 sh | −100% |
| Exited | FRANKLIN RESOURCES INC COM (BEN) | 0.5% | — | −0.5 pts | −25,951 sh | −100% |
| Reduced | OMEGA HEALTHCARE INVS INC COM (OHI) | 2.5% | 1.9% | −0.6 pts | −25,973 sh | −19% |
| New | WESTLAKE CORPORATION COM (WLK) | — | 0.5% | +0.5 pts | +6,127 sh | new |
| Exited | CELANESE CORP DEL COM (CE) | 0.5% | — | −0.5 pts | −6,652 sh | −100% |
| New | COMCAST CORP NEW CL A (CMCSA) | — | 0.4% | +0.4 pts | +18,674 sh | new |
| Exited | MURPHY OIL CORP COM (MUR) | 0.4% | — | −0.4 pts | −15,336 sh | −100% |
| Exited | SYNCHRONY FINANCIAL COM (SYF) | 0.4% | — | −0.4 pts | −19,827 sh | −100% |
| Exited | CONOCOPHILLIPS COM (COP) | 0.4% | — | −0.4 pts | −5,449 sh | −100% |
| Exited | OLD REP INTL CORP COM (ORI) | 0.4% | — | −0.4 pts | −26,602 sh | −100% |
| New | UNITED STATES STL CORP NEW COM (X) | — | 0.4% | +0.4 pts | +25,658 sh | new |
| Exited | PRINCIPAL FINANCIAL GROUP INC COM (PFG) | 0.4% | — | −0.4 pts | −7,645 sh | −100% |
| Exited | CARLYLE GROUP INC COM (CG) | 0.4% | — | −0.4 pts | −21,462 sh | −100% |
| New | PBF ENERGY INC CL A (PBF) | — | 0.4% | +0.4 pts | +15,290 sh | new |
| Exited | MARATHON PETE CORP COM (MPC) | 0.4% | — | −0.4 pts | −5,326 sh | −100% |
| New | COMMERCIAL METALS CO COM (CMC) | — | 0.4% | +0.4 pts | +13,086 sh | new |
| New | COTERRA ENERGY INC COM (CTRA) | — | 0.4% | +0.4 pts | +25,735 sh | new |
| Exited | REGIONS FINANCIAL CORP NEW COM (RF) | 0.4% | — | −0.4 pts | −27,717 sh | −100% |
| New | APACHE CORP COM (APA) | — | 0.4% | +0.4 pts | +17,204 sh | new |
| New | NRG ENERGY INC COM NEW (NRG) | — | 0.4% | +0.4 pts | +17,949 sh | new |
| New | BAKER HUGHES COMPANY CL A (BKR) | — | 0.4% | +0.4 pts | +21,300 sh | new |
| New | QUIDEL CORP COM (QDEL) | — | 0.4% | +0.4 pts | +6,839 sh | new |
| Exited | CAPITAL ONE FINL CORP COM (COF) | 0.4% | — | −0.4 pts | −6,274 sh | −100% |
| New | PHILLIPS 66 COM (PSX) | — | 0.4% | +0.4 pts | +5,944 sh | new |
| Exited | FIDELITY NATIONAL FINANCIAL IN FNF GROUP COM (FNT) | 0.4% | — | −0.4 pts | −15,247 sh | −100% |
| Exited | JONES LANG LASALLE INC COM (JLL) | 0.4% | — | −0.4 pts | −3,598 sh | −100% |
| New | CHAMPIONX CORPORATION COM (CHX) | — | 0.4% | +0.4 pts | +21,810 sh | new |
| New | PINNACLE WEST CAP CORP COM (PNW) | — | 0.4% | +0.4 pts | +7,418 sh | new |
| Exited | DCP MIDSTREAM LP COM UT LTD PTN (DCP) | 0.4% | — | −0.4 pts | −14,295 sh | −100% |
| Exited | SYNOVUS FINL CORP COM NEW (SNVZZZZ) | 0.4% | — | −0.4 pts | −14,719 sh | −100% |
| New | CARDINAL HEALTH INC COM (CAH) | — | 0.4% | +0.4 pts | +7,632 sh | new |
| New | SCHLUMBERGER LTD COM (SLB) | — | 0.4% | +0.4 pts | +11,640 sh | new |
| Increased | ISHARES INVESTMENT GRADE CORPORATE BOND ETF (LQD) | 1.9% | 2.2% | +0.4 pts | +5,122 sh | +19% |
| Exited | EAST WEST BANCORP INC COM (EWBC) | 0.4% | — | −0.4 pts | −8,133 sh | −100% |
The 50 largest of 179 changes, by size of the trade. Full holdings for this quarter.
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 43.3% of the equity book
Changes in the top 10 this quarter: IWP entered · LQD entered · OHI left · O left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | ISHARES 1-3 YEAR TREASURY BOND ETF (SHY) | 2.4% | 8.4% | |
| 2 | CORNING INC COM (GLW) | 6.1% | 7.2% | |
| 3 | ISHARES 20 YEAR TREASURY BOND ETF (TLT) | 3.5% | 6.1% | |
| 4 | INVESCO S&P 500 LOW VOLATILITY ETF (SPLV) | 5.1% | 4.7% | |
| 5 | SCHWAB US DIVIDEND EQUITY ETF (SCHD) | 4.4% | 4.0% | |
| 6 | WEYERHAEUSER (PLUM CREEK TIMBER) (WY) | 3.4% | 3.2% | |
| 7 | PACER US CASH COWS 100 ETF (COWZ) | 2.7% | 2.8% | |
| 8 | ISHARES SHORT TREASURY BOND ETF (SHV) | 2.7% | 2.5% | |
| 9 | ISHARES RUSSELL MID-CAP GROWTH ETF (IWP) | 1.8% | 2.3% | Entered the top 10 |
| 10 | ISHARES INVESTMENT GRADE CORPORATE BOND ETF (LQD) | 1.9% | 2.2% | Entered the top 10 |
| — | OMEGA HEALTHCARE INVS INC COM (OHI) | 2.5% | 1.9% | Left the top 10 |
| — | REALTY INCOME CORP COM (O) | 2.3% | 2.2% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).