Burton Enright Welch

Q4 2025 13F-HR Holdings

Location
Walnut Creek, CA
Holdings as of
12/31/2025
Date filed
2/13/2026
Form type
13F-HR
Num holdings
128
Total value ($000)
$710,460
Net value change ($000)
+48,015 (7.2%)
New positions
2
Sold out positions
4
Turnover %
0.2%
Sector allocation + QoQ delta (equities-only)
Prev filing: 3/9/2026 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q3 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
DFAC 9,495 7.0%
BNDX 4,292 10.3%
DFIC 3,751 10.9%
VCRB 3,432 20.0%
AVDV 3,301 6.6%
AVUV 2,937 6.5%
DFEM 2,262 7.1%
VBIL 2,093 146.0%
DUHP 1,902 4.9%
CGXU 1,728 20.9%
Top Reduces (Value $000, Stocks/ETFs)
ORCL -398 -30.5%
AZO -236 -100.0%
CVX -225 -1.8%
BX -213 -100.0%
ABT -201 -100.0%
TXN -201 -100.0%
COST -172 -12.3%
CDNS -146 -15.5%
HD -128 -15.8%
META -113 -7.6%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type