Bull Street Advisors, LLC

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 26, 2024), Bull Street Advisors, LLC reported 91 stock positions worth $207.3 million. Its top holding was Vanguard Short-Term Bond ETF (BSV) at 4.3% of the portfolio, followed by Apple (AAPL, 4.0%) and Vanguard Short-Term Treasury (VGSH, 3.9%). Compared with Q1 2024, it opened 2 new positions, sold out of 3, added to 14 and reduced 37. The biggest buy was Alphabet Class C (GOOG, shares +0%) and the biggest sale iShares Tips Bond ETF (TIP, shares −19%).

Most Recent 13F
Q2 2026
Location
SAVANNAH, GA
CIK
0001790837
Portfolio Value
$207.3M (Q2 2024)
SEC Filing
0001790837-24-000003 ↗ filed Jul 26, 2024

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $208.9M Q1 2024 Q2 2024: $207.3M $207.3M Q2 2024 Q3 2024: $215.5M Q3 2024 Q4 2024: $207.4M Q4 2024 Q1 2025: $208.7M Q1 2025 Q2 2025: $208.0M Q2 2025 Q3 2025: $214.2M Q3 2025 Q4 2025: $215.1M Q4 2025 Q1 2026: $201.9M Q1 2026 Q2 2026: $219.0M Q2 2026

Holdings 91 stocks · $207.3M
BSV Vanguard Short-Term Bond ETF 4.25% 114,889 $8.8M Reduce -1.4%
AAPL Apple Inc. 4.05% 39,824 $8.4M Reduce -0.1%
VGSH Vanguard Short-Term Treasury 3.93% 140,483 $8.1M Add +0.4%
TJX TJX Companies Inc. filed as TJX COS INC NEW 3.92% 73,797 $8.1M No change
MSFT Microsoft Corp. 3.86% 17,915 $8.0M Reduce -0.2%
COST Costco Wholesale Corp. 3.42% 8,328 $7.1M Reduce -2.3%
JNJ Johnson & Johnson 3.39% 48,091 $7.0M Reduce -0.1%
KO The Coca-Cola Co. 3.21% 104,542 $6.7M Reduce -0.5%
HD Home Depot Inc. 2.98% 17,926 $6.2M Reduce -0.3%
DHR Danaher Corp. 2.53% 20,994 $5.2M No change
FISV Fiserv Inc. 2.32% 32,310 $4.8M No change
IGSB iShares 1-5Y Inv Grade Corp. 2.16% 87,430 $4.5M Reduce -0.4%
VCSH Vanguard S/T Corp. Bond ETF 2.13% 57,106 $4.4M Reduce -1.2%
XOM Exxon Mobil Corp. 2.09% 37,698 $4.3M Add +0.3%
AMGN Amgen Inc. 1.99% 13,216 $4.1M Reduce -0.1%
BRK.B Berkshire Hathaway Inc. Class B 1.95% 9,953 $4.0M Reduce -0.0%
PG The Procter & Gamble Co. 1.88% 23,604 $3.9M Reduce -0.1%
VCIT Vanguard Int-Term Corporate 1.85% 48,060 $3.8M Reduce -0.9%
ELV Elevance Health Inc. 1.81% 6,926 $3.8M No change
VGIT Vanguard Intermediate-Term T 1.72% 61,190 $3.6M Add +0.6%
JPM JPMorgan Chase & Co. 1.71% 17,553 $3.5M Reduce -0.1%
SYY Sysco Corp. 1.62% 46,954 $3.4M No change
PEP Pepsico Inc. 1.62% 20,310 $3.4M Add +0.5%
TIP iShares Tips Bond ETF 1.59% 30,791 $3.3M Reduce -18.8%
ADP Automatic Data Processing 1.58% 13,713 $3.3M No change
HON Honeywell International Inc. 1.48% 14,409 $3.1M Reduce -0.2%
MDLZ Mondelez International Inc. Class A 1.46% 46,259 $3.0M No change
AXP American Express Co. 1.29% 11,575 $2.7M Reduce -0.8%
DIS The Walt Disney Co. filed as DISNEY WALT CO 1.28% 26,620 $2.6M No change
GOOGL Alphabet Inc. Class A 1.26% 14,300 $2.6M Reduce -0.5%
SPY SS SPDR S&P 500 ETF Trust-US 1.21% 4,607 $2.5M No change
CVX Chevron Corp. 1.19% 15,720 $2.5M Add +0.8%
RSG Republic Services Inc. 1.15% 12,308 $2.4M No change
NVO Novo-Nordisk A/S-Spons ADR 1.03% 15,010 $2.1M Reduce -1.4%
EMR Emerson Electric Co. 0.99% 18,652 $2.1M Reduce -0.5%
GOOG Alphabet Inc. Class C 0.97% 11,021 $2.0M Add +0.1%
RTX RTX Corp. 0.92% 19,049 $1.9M Add +0.2%
CMCSA Comcast Corp. Class A 0.85% 44,788 $1.8M Add +1.8%
MRK Merck & Co. Inc. 0.84% 14,123 $1.7M Reduce -0.5%
VTI VG Morningstar TS MKT ETF-US 0.81% 6,252 $1.7M Add +0.9%
PFE Pfizer Inc. 0.76% 55,941 $1.6M Add +2.5%
CSCO Cisco Systems Inc. 0.74% 32,363 $1.5M Reduce -0.1%
DUK Duke Energy Corp. 0.74% 15,238 $1.5M Reduce -0.2%
NUE Nucor Corp. 0.73% 9,507 $1.5M Add +6.0%
SUB iShares Short-Term National 0.72% 14,245 $1.5M No change
ABT Abbott Laboratories 0.67% 13,455 $1.4M No change
UNP Union Pacific Corp. 0.67% 6,165 $1.4M No change
CPT Camden Property Trust 0.67% 12,735 $1.4M No change
SYK Stryker Corp. 0.66% 4,049 $1.4M Reduce -0.6%
FTV Fortive Corp. 0.65% 18,177 $1.3M No change
GIS General Mills Inc. 0.64% 21,070 $1.3M No change
COP Conocophillips 0.63% 11,330 $1.3M No change
D Dominion Energy Inc. 0.61% 25,963 $1.3M Add +0.5%
USB US Bancorp 0.60% 31,152 $1.2M Add +2.5%
DD Dupont DE Nemours Inc. 0.58% 15,023 $1.2M Reduce -0.3%
AVB Avalonbay Communities Inc. 0.54% 5,440 $1.1M No change
PSX Phillips 66 0.53% 7,731 $1.1M No change
VXF Vanguard Extended Market ETF 0.51% 6,285 $1.1M Reduce -1.1%
DEO Diageo PLC-Sponsored ADR 0.48% 7,815 $985K No change
INTC Intel Corp. 0.46% 30,977 $959K Add +0.3%
VZ Verizon Communications Inc. 0.44% 22,322 $921K Reduce -5.9%
CL Colgate-Palmolive Co. 0.41% 8,665 $841K Reduce -4.0%
MUSA Murphy USA Inc. 0.40% 1,780 $836K No change
GPC Genuine Parts Co. 0.39% 5,900 $816K Reduce -0.8%
MS Morgan Stanley 0.38% 8,199 $797K No change
CB Chubb Ltd. 0.37% 3,035 $774K No change
AFL Aflac Inc. 0.33% 7,565 $676K Reduce -3.2%
CARR Carrier Global Corp. 0.31% 10,202 $644K Reduce -1.4%
BND Vanguard Total Bond Market 0.30% 8,748 $630K Reduce -8.7%
VEU Vanguard Ftse All-World Ex-U 0.29% 10,226 $600K Reduce -0.2%
VLTO Veralto Corp. 0.27% 5,961 $569K Reduce -14.1%
VMRK Vivmark Residential filed as EQUITY RESIDENTIAL 0.27% 8,122 $563K No change
OTIS Otis Worldwide Corp. 0.26% 5,645 $543K Reduce -0.6%
DVY iShares Select Dividend ETF 0.21% 3,625 $439K No change
GS Goldman Sachs Group Inc. 0.21% 958 $433K No change
CVS CVS Health Corp. 0.20% 6,928 $409K No change
CI The Cigna Group 0.19% 1,205 $398K No change
GLD SPDR Gold Shares 0.19% 1,827 $393K No change
BDX Becton Dickinson and Co. 0.17% 1,501 $351K No change
IJH iShares Core S&P Midcap ETF 0.16% 5,745 $336K No change
EPD Enterprise Products Partners 0.15% 10,551 $306K No change
EFA iShares MSCI Eafe ETF 0.15% 3,853 $302K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.14% 7,487 $298K No change
NKE Nike Inc. Class B 0.13% 3,640 $274K Reduce -7.2%
MMM 3M Co. 0.13% 2,677 $274K Reduce -6.3%
DOW Dow Inc. 0.12% 4,612 $245K No change
PEG Public Service Enterprise GP 0.11% 3,036 $224K No change
LOW Lowe's Cos Inc. 0.10% 973 $215K No change
WMT Walmart Inc. 0.10% 3,165 $214K New
CTVA Corteva Inc. 0.10% 3,827 $206K No change
VWO Vanguard Ftse Emerging Marke 0.10% 5,610 $205K New

Portfolio Sells Q1 2024 → Q2 2024
TIP iShares Tips Bond ETF Reduce -18.8% 1.59% −0.36
HD Home Depot Inc. Reduce -0.3% 2.98% −0.32
JNJ Johnson & Johnson Reduce -0.1% 3.39% −0.25
BA The Boeing Co. Sold out 0.00% −0.15
VNT Vontier Corp. Sold out 0.00% −0.13
GE General Electric Sold out 0.00% −0.10
MRK Merck & Co. Inc. Reduce -0.5% 0.84% −0.05
BRK.B Berkshire Hathaway Inc. Class B Reduce -0.0% 1.95% −0.05
GPC Genuine Parts Co. Reduce -0.8% 0.39% −0.05
NKE Nike Inc. Class B Reduce -7.2% 0.13% −0.04
SYK Stryker Corp. Reduce -0.6% 0.66% −0.03
VZ Verizon Communications Inc. Reduce -5.9% 0.44% −0.03
CSCO Cisco Systems Inc. Reduce -0.1% 0.74% −0.03
BND Vanguard Total Bond Market Reduce -8.7% 0.30% −0.03
EMR Emerson Electric Co. Reduce -0.5% 0.99% −0.03
BSV Vanguard Short-Term Bond ETF Reduce -1.4% 4.25% −0.02
VXF Vanguard Extended Market ETF Reduce -1.1% 0.51% −0.02
VLTO Veralto Corp. Reduce -14.1% 0.27% −0.02
VCIT Vanguard Int-Term Corporate Reduce -0.9% 1.85% −0.02
MMM 3M Co. Reduce -6.3% 0.13% −0.01
VCSH Vanguard S/T Corp. Bond ETF Reduce -1.2% 2.13% −0.01
OTIS Otis Worldwide Corp. Reduce -0.6% 0.26% −0.01
VEU Vanguard Ftse All-World Ex-U Reduce -0.2% 0.29% +0.00
AFL Aflac Inc. Reduce -3.2% 0.33% +0.01
IGSB iShares 1-5Y Inv Grade Corp. Reduce -0.4% 2.16% +0.01
CL Colgate-Palmolive Co. Reduce -4.0% 0.41% +0.02
AXP American Express Co. Reduce -0.8% 1.29% +0.02
CARR Carrier Global Corp. Reduce -1.4% 0.31% +0.02
JPM JPMorgan Chase & Co. Reduce -0.1% 1.71% +0.03
DUK Duke Energy Corp. Reduce -0.2% 0.74% +0.03
DD Dupont DE Nemours Inc. Reduce -0.3% 0.58% +0.03
PG The Procter & Gamble Co. Reduce -0.1% 1.88% +0.04
HON Honeywell International Inc. Reduce -0.2% 1.48% +0.07
NVO Novo-Nordisk A/S-Spons ADR Reduce -1.4% 1.03% +0.10
KO The Coca-Cola Co. Reduce -0.5% 3.21% +0.13
AMGN Amgen Inc. Reduce -0.1% 1.99% +0.19
GOOGL Alphabet Inc. Class A Reduce -0.5% 1.26% +0.22
MSFT Microsoft Corp. Reduce -0.2% 3.86% +0.25
COST Costco Wholesale Corp. Reduce -2.3% 3.42% +0.43
AAPL Apple Inc. Reduce -0.1% 4.05% +0.77

Portfolio Buys Q1 2024 → Q2 2024
GOOG Alphabet Inc. Class C Add +0.1% 0.97% +0.17
WMT Walmart Inc. New 0.10% +0.10
VWO Vanguard Ftse Emerging Marke New 0.10% +0.10
VGSH Vanguard Short-Term Treasury Add +0.4% 3.93% +0.04
VTI VG Morningstar TS MKT ETF-US Add +0.9% 0.81% +0.04
RTX RTX Corp. Add +0.2% 0.92% +0.04
PFE Pfizer Inc. Add +2.5% 0.76% +0.03
VGIT Vanguard Intermediate-Term T Add +0.6% 1.72% +0.01
CVX Chevron Corp. Add +0.8% 1.19% +0.01
D Dominion Energy Inc. Add +0.5% 0.61% +0.01
XOM Exxon Mobil Corp. Add +0.3% 2.09% +0.00
USB US Bancorp Add +2.5% 0.60% −0.05
CMCSA Comcast Corp. Class A Add +1.8% 0.85% −0.07
PEP Pepsico Inc. Add +0.5% 1.62% −0.08
NUE Nucor Corp. Add +6.0% 0.73% −0.12
INTC Intel Corp. Add +0.3% 0.46% −0.19

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 95$219.0MJNJ, AAPL, TJX, KO, COST
Q1 2026 94$201.9MJNJ, AAPL, KO, VGSH, COST
Q4 2025 92$215.1MTJX, AAPL, JNJ, BSV, MSFT
Q3 2025 89$214.2MTJX, AAPL, MSFT, JNJ, BSV
Q2 2025 89$208.0MTJX, MSFT, BSV, VGSH, COST
Q1 2025 89$208.7MTJX, AAPL, BSV, VGSH, JNJ
Q4 2024 89$207.4MAAPL, TJX, BSV, VGSH, COST
Q3 2024 91$215.5MAAPL, BSV, TJX, VGSH, JNJ
Q2 2024 91$207.3MBSV, AAPL, VGSH, TJX, MSFT
Q1 2024 92$208.9MBSV, VGSH, JNJ, MSFT, TJX