Horizon Financial Services, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 26, 2024), Horizon Financial Services, LLC reported 260 stock positions worth $155.8 million. Its top holding was Vanguard Short-Term Treasury (VGSH) at 9.5% of the portfolio, followed by SS SPDR P S&P 500 Growth ETF (SPYG, 9.3%) and SS SPDR P S&P 500 Value ETF (SPYV, 8.5%). Compared with Q4 2023, it opened 205 new positions, added to 24 and reduced 29. The biggest buy was SS SPDR P High Yield ETF (SPHY, shares +1035%) and the biggest sale iShares Broad Usd High Yield (USHY, shares −99%).
- Most Recent 13F
- Q2 2026
- Location
- WINSTON SALEM, NC
- CIK
- 0001674020
- Portfolio Value
- $155.8M (Q1 2024)
- SEC Filing
- 0001541596-24-000004 ↗ filed Apr 26, 2024
Holdings Value
Holdings 260 stocks · $155.8M
| VGSH Vanguard Short-Term Treasury | 9.48% | 254,384 | $14.8M | Reduce -0.7% |
| SPYG SS SPDR P S&P 500 Growth ETF | 9.32% | 198,402 | $14.5M | Add +0.6% |
| SPYV SS SPDR P S&P 500 Value ETF | 8.49% | 264,004 | $13.2M | Add +7.9% |
| SPDW Ste STR SPDR PT DW Eu ETF | 6.76% | 293,601 | $10.5M | Add +34.8% |
| SPHY SS SPDR P High Yield ETF | 5.12% | 340,059 | $8.0M | Add +1034.8% |
| SCHM Schwab US Mid Cap ETF | 5.07% | 97,029 | $7.9M | Add +2.2% |
| SPSB SS SPDR P St C Corp. ETF | 4.59% | 240,052 | $7.1M | New |
| BKLN Invesco Senior Loan ETF | 4.41% | 324,699 | $6.9M | Add +48.3% |
| SCHA Schwab US Small-Cap ETF | 3.76% | 119,085 | $5.9M | Reduce -14.6% |
| VMBS Vanguard Mortgage-Backed Sec | 2.78% | 94,847 | $4.3M | Add +15.0% |
| VRP Invesco Variable Rate Prefer | 2.76% | 181,069 | $4.3M | Add +2.0% |
| VCLT Vanguard Long-Term Corp. Bond | 2.29% | 45,560 | $3.6M | Reduce -3.6% |
| XLK SS Technology Select Sector | 2.11% | 15,746 | $3.3M | Reduce -1.4% |
| VSS Vanguard Ftse All Wo X-US SC | 2.08% | 27,710 | $3.2M | New |
| ICVT iShares Convertible Bond ETF | 2.05% | 40,051 | $3.2M | Add +2.3% |
| SCHP Schwab U.S. Tips ETF | 2.02% | 60,430 | $3.2M | Reduce -3.0% |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | 1.80% | 100,503 | $2.8M | New |
| VWOB Vanguard Emerg MKTS Gov BND | 1.74% | 42,368 | $2.7M | New |
| SPEM State Street SP PTF Em ETF | 1.68% | 72,424 | $2.6M | Reduce -24.1% |
| GLDM SPDR Gold Minishares Trust | 1.59% | 56,332 | $2.5M | Reduce -42.1% |
| XLF SS Financial Select Sector | 1.55% | 57,167 | $2.4M | Add +40.5% |
| VCIT Vanguard Int-Term Corporate | 1.50% | 29,033 | $2.3M | Add +58.8% |
| XLV SS Health Care Select Sector | 1.46% | 15,405 | $2.3M | Add +78.2% |
| XLRE SS Real Estate Select Sector | 1.42% | 56,020 | $2.2M | Add +774.4% |
| GLOBAL X MLP ETF | 1.25% | 40,283 | $1.9M | Reduce -15.7% |
| XLY SS Consumer Disc Select Sect | 0.89% | 7,497 | $1.4M | Add +20.9% |
| XLI SS Industrial Select Sector | 0.70% | 8,661 | $1.1M | Add +16.1% |
| XLC SS Comm Select Sector SPDR | 0.69% | 13,175 | $1.1M | Reduce -11.4% |
| XLP SS Consumer Staples Sel Sect | 0.66% | 13,393 | $1.0M | Add +72.2% |
| FLRN SS SPDR BB Ig Float RT ETF | 0.65% | 33,087 | $1.0M | Add +59.3% |
| HD Home Depot Inc. | 0.56% | 2,255 | $865K | Add +0.1% |
| SCHR Schwab Intermediate-Term US | 0.54% | 17,124 | $840K | Reduce -25.4% |
| DUK Duke Energy Corp. | 0.50% | 8,092 | $783K | Add +124.5% |
| AAPL Apple Inc. | 0.47% | 4,225 | $725K | Add +20.5% |
| LLY Eli Lilly & Co. | 0.44% | 890 | $692K | New |
| AMZN Amazon.com Inc. | 0.44% | 3,835 | $692K | Reduce -20.7% |
| XLE SS Energy Select Sector | 0.43% | 7,077 | $668K | Add +74.3% |
| JPST JPMorgan Ultra-Short Income | 0.40% | 12,391 | $625K | Reduce -15.3% |
| SHYG iShares 0-5 YR HY Corp. Bond | 0.38% | 14,065 | $598K | Reduce -13.1% |
| LOW Lowe's Cos Inc. | 0.28% | 1,693 | $431K | Reduce -0.2% |
| UNH Unitedhealth Group Inc. | 0.27% | 842 | $416K | Reduce -2.5% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.23% | 1,053 | $362K | Reduce -3.3% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.23% | 5,422 | $356K | Add +34.7% |
| XLB SS Materials Select Sector | 0.22% | 3,626 | $337K | Add +34.8% |
| CMBS iShares CMBS ETF | 0.21% | 7,027 | $331K | New |
| DFAC Dimensional US Core Equity 2 | 0.19% | 9,292 | $297K | No change |
| AON Aon PLC | 0.17% | 775 | $259K | Add +0.5% |
| GPC Genuine Parts Co. | 0.15% | 1,554 | $241K | No change |
| VGT Vanguard Info Tech ETF | 0.14% | 402 | $211K | New |
| VTIP Vanguard Short-Term Tips | 0.13% | 4,365 | $209K | Reduce -46.1% |
| PGHY Invesco Global Ex US High Yi | 0.11% | 8,749 | $173K | Reduce -15.8% |
| APH Amphenol Corp. Class A | 0.10% | 1,411 | $163K | New |
| CMCSA Comcast Corp. Class A | 0.10% | 3,428 | $149K | New |
| EMHY iShares J.P. Morgan Em High | 0.09% | 3,896 | $146K | New |
| T AT&T Inc. | 0.09% | 8,168 | $144K | New |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.09% | 921 | $144K | New |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.09% | 601 | $142K | New |
| IAGG iShares Intl Aggregate Bond | 0.09% | 2,815 | $141K | New |
| BAB Invesco Taxable Municipal Bo | 0.09% | 5,232 | $139K | Reduce -36.7% |
| ENB Enbridge Inc. | 0.08% | 3,571 | $129K | New |
| NVDA Nvidia Corp. | 0.08% | 142 | $128K | New |
| JPM JPMorgan Chase & Co. | 0.06% | 484 | $97K | New |
| VOO Vanguard S&P 500 ETF | 0.06% | 187 | $90K | New |
| MDT Medtronic PLC | 0.06% | 1,000 | $87K | New |
| AMAT Applied Materials Inc. | 0.05% | 400 | $82K | New |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.05% | 426 | $82K | New |
| MSFT Microsoft Corp. | 0.05% | 190 | $80K | New |
| DELL Dell Technologies -C | 0.05% | 700 | $80K | New |
| CRM Salesforce Inc. | 0.05% | 246 | $74K | New |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.05% | 278 | $72K | New |
| INTC Intel Corp. | 0.05% | 1,600 | $71K | New |
| RY Royal Bank of Canada | 0.05% | 700 | $71K | New |
| STNC Hennessy Sustainable ETF | 0.04% | 2,248 | $68K | New |
| AVGO Broadcom Pte Ltd. | 0.04% | 50 | $66K | New |
| USHY iShares Broad Usd High Yield | 0.04% | 1,800 | $66K | Reduce -99.2% |
| FVD First Trust Value Line DVD | 0.04% | 1,460 | $62K | New |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.04% | 148 | $59K | New |
| VIG Vanguard Dividend Apprec ETF | 0.04% | 318 | $58K | New |
| GOOGL Alphabet Inc. Class A | 0.04% | 380 | $57K | New |
| SCHV Schwab US Large-Cap Value | 0.04% | 748 | $57K | New |
| SCHG Schwab US Large-Cap Growth | 0.03% | 583 | $54K | New |
| ABT Abbott Laboratories | 0.03% | 470 | $53K | New |
| BSJP Invesco Bulletshares 2025 HY | 0.03% | 2,287 | $52K | New |
| BSJO Invesco Bulletshares 2024 HY | 0.03% | 2,308 | $52K | New |
| VT Vanguard Tot World STK ETF | 0.03% | 448 | $50K | Reduce -95.2% |
| ACHR Archer Aviation Inc. Class A | 0.03% | 9,700 | $45K | New |
| V Visa Inc. Class A | 0.03% | 159 | $44K | New |
| MRK Merck & Co. Inc. | 0.03% | 318 | $42K | New |
| XYLD Global X S&P 500 Cove Call E | 0.03% | 1,000 | $41K | New |
| BRK.B Berkshire Hathaway Inc. Class B | 0.03% | 96 | $40K | New |
| ADI Analog Devices Inc. | 0.03% | 200 | $40K | New |
| GOOG Alphabet Inc. Class C | 0.02% | 253 | $39K | New |
| JNJ Johnson & Johnson | 0.02% | 235 | $37K | New |
| SMH Vaneck Semiconductor ETF | 0.02% | 157 | $35K | New |
| SCHC Schwab Intl Small-Cap Equity | 0.02% | 908 | $33K | Reduce -99.1% |
| PNFP Pinnacle Financial Partners | 0.02% | 368 | $32K | New |
| VCSH Vanguard S/T Corp. Bond ETF | 0.02% | 381 | $29K | Reduce -99.6% |
| ETHE Grayscale Ethereum Staking E | 0.02% | 1,090 | $29K | New |
| AMGN Amgen Inc. | 0.02% | 100 | $28K | New |
| PG The Procter & Gamble Co. | 0.02% | 163 | $26K | New |
Other holdings (1): bonds, preferreds, convertibles and warrants · $9K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| FIRST EAGLE ALTERNATIVE (FCRD 5 05/25/26) | Stock | 375 | $9K | New |
Total filed on the 13F, all lines: $155.8M.
Portfolio Sells Q4 2023 → Q1 2024
| USHY iShares Broad Usd High Yield | Reduce -99.2% | 0.04% | −5.43 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -99.6% | 0.02% | −4.93 |
| SCHC Schwab Intl Small-Cap Equity | Reduce -99.1% | 0.02% | −2.45 |
| VGLT Vanguard Long-Term Treasury | Reduce -99.5% | 0.01% | −2.13 |
| EMB iShares JP Morgan Usd Emergi | Reduce -99.7% | 0.01% | −1.92 |
| GLDM SPDR Gold Minishares Trust | Reduce -42.1% | 1.59% | −1.22 |
| USRT iShares Core US REIT ETF | Reduce -99.2% | 0.01% | −1.15 |
| VGSH Vanguard Short-Term Treasury | Reduce -0.7% | 9.48% | −1.06 |
| SCHA Schwab US Small-Cap ETF | Reduce -14.6% | 3.76% | −0.88 |
| SPEM State Street SP PTF Em ETF | Reduce -24.1% | 1.68% | −0.70 |
| VT Vanguard Tot World STK ETF | Reduce -95.2% | 0.03% | −0.64 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -97.7% | 0.01% | −0.55 |
| VCLT Vanguard Long-Term Corp. Bond | Reduce -3.6% | 2.29% | −0.39 |
| SPAB SS SPDR P Agg Bond ETF | Reduce -97.8% | 0.01% | −0.33 |
| SCHP Schwab U.S. Tips ETF | Reduce -3.0% | 2.02% | −0.27 |
| SCHR Schwab Intermediate-Term US | Reduce -25.4% | 0.54% | −0.27 |
| GLOBAL X MLP ETF | Reduce -15.7% | 1.25% | −0.25 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Reduce -98.6% | 0.00% | −0.16 |
| VTIP Vanguard Short-Term Tips | Reduce -46.1% | 0.13% | −0.14 |
| JPST JPMorgan Ultra-Short Income | Reduce -15.3% | 0.40% | −0.12 |
| SHYG iShares 0-5 YR HY Corp. Bond | Reduce -13.1% | 0.38% | −0.10 |
| AMZN Amazon.com Inc. | Reduce -20.7% | 0.44% | −0.07 |
| XLC SS Comm Select Sector SPDR | Reduce -11.4% | 0.69% | −0.07 |
| BAB Invesco Taxable Municipal Bo | Reduce -36.7% | 0.09% | −0.07 |
| XLK SS Technology Select Sector | Reduce -1.4% | 2.11% | −0.06 |
| UNH Unitedhealth Group Inc. | Reduce -2.5% | 0.27% | −0.05 |
| PGHY Invesco Global Ex US High Yi | Reduce -15.8% | 0.11% | −0.03 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -3.3% | 0.23% | −0.01 |
| LOW Lowe's Cos Inc. | Reduce -0.2% | 0.28% | +0.01 |
Portfolio Buys Q4 2023 → Q1 2024
| SPHY SS SPDR P High Yield ETF | Add +1034.8% | 5.12% | +4.63 |
| SPSB SS SPDR P St C Corp. ETF | New | 4.59% | +4.59 |
| VSS Vanguard Ftse All Wo X-US SC | New | 2.08% | +2.08 |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | New | 1.80% | +1.80 |
| VWOB Vanguard Emerg MKTS Gov BND | New | 1.74% | +1.74 |
| SPDW Ste STR SPDR PT DW Eu ETF | Add +34.8% | 6.76% | +1.53 |
| XLRE SS Real Estate Select Sector | Add +774.4% | 1.42% | +1.24 |
| BKLN Invesco Senior Loan ETF | Add +48.3% | 4.41% | +1.14 |
| XLV SS Health Care Select Sector | Add +78.2% | 1.46% | +0.63 |
| XLF SS Financial Select Sector | Add +40.5% | 1.55% | +0.47 |
| VCIT Vanguard Int-Term Corporate | Add +58.8% | 1.50% | +0.45 |
| LLY Eli Lilly & Co. | New | 0.44% | +0.44 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +7.9% | 8.49% | +0.44 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +0.6% | 9.32% | +0.27 |
| XLP SS Consumer Staples Sel Sect | Add +72.2% | 0.66% | +0.26 |
| DUK Duke Energy Corp. | Add +124.5% | 0.50% | +0.26 |
| CMBS iShares CMBS ETF | New | 0.21% | +0.21 |
| FLRN SS SPDR BB Ig Float RT ETF | Add +59.3% | 0.65% | +0.21 |
| XLE SS Energy Select Sector | Add +74.3% | 0.43% | +0.19 |
| VGT Vanguard Info Tech ETF | New | 0.14% | +0.14 |
| APH Amphenol Corp. Class A | New | 0.10% | +0.10 |
| XLY SS Consumer Disc Select Sect | Add +20.9% | 0.89% | +0.10 |
| XLI SS Industrial Select Sector | Add +16.1% | 0.70% | +0.10 |
| CMCSA Comcast Corp. Class A | New | 0.10% | +0.10 |
| EMHY iShares J.P. Morgan Em High | New | 0.09% | +0.09 |
| T AT&T Inc. | New | 0.09% | +0.09 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | New | 0.09% | +0.09 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | New | 0.09% | +0.09 |
| IAGG iShares Intl Aggregate Bond | New | 0.09% | +0.09 |
| ENB Enbridge Inc. | New | 0.08% | +0.08 |
| NVDA Nvidia Corp. | New | 0.08% | +0.08 |
| VMBS Vanguard Mortgage-Backed Sec | Add +15.0% | 2.78% | +0.08 |
| JPM JPMorgan Chase & Co. | New | 0.06% | +0.06 |
| VOO Vanguard S&P 500 ETF | New | 0.06% | +0.06 |
| MDT Medtronic PLC | New | 0.06% | +0.06 |
| XLB SS Materials Select Sector | Add +34.8% | 0.22% | +0.05 |
| AMAT Applied Materials Inc. | New | 0.05% | +0.05 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | New | 0.05% | +0.05 |
| DELL Dell Technologies -C | New | 0.05% | +0.05 |
| MSFT Microsoft Corp. | New | 0.05% | +0.05 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +34.7% | 0.23% | +0.05 |
| CRM Salesforce Inc. | New | 0.05% | +0.05 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | New | 0.05% | +0.05 |
| INTC Intel Corp. | New | 0.05% | +0.05 |
| RY Royal Bank of Canada | New | 0.05% | +0.05 |
| STNC Hennessy Sustainable ETF | New | 0.04% | +0.04 |
| AVGO Broadcom Pte Ltd. | New | 0.04% | +0.04 |
| FVD First Trust Value Line DVD | New | 0.04% | +0.04 |
| DIA SS SPDR Dow Jones Indus Avg | New | 0.04% | +0.04 |
| VIG Vanguard Dividend Apprec ETF | New | 0.04% | +0.04 |
Notes & Other Activity Q4 2023 → Q1 2024
| FIRST EAGLE ALTERNATIVE (FCRD 5 05/25/26) | Stock | New | 375 | $9K |
| PGX Invesco Preferred ETF | PFD ETF | New | 0 | $0 |
| CWB SS SPDR BB Conv Sec ETF | ST STR CONV ETF | New | 0 | $0 |
| SPLB SS SPDR P Long Term C ETF | ST LONG BD ETF | New | 0 | $0 |
| SPTS SS SPDR P St Term TSY ETF | ST SHO TREAS ETF | New | 0 | $0 |
| TFC Truist Financial Corp. | COM | New | 0 | $0 |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 605 | $260.8M | SPYG, SPYV, SPSB, SCHM, SPDW |
| Q1 2026 | 381 | $226.2M | SPSB, SPYG, SPYV, SPDW, SCHM |
| Q4 2025 | 365 | $219.8M | SPYG, SPYV, SPSB, SCHM, SPDW |
| Q3 2025 | 355 | $209.6M | SPYG, SPYV, SPSB, SCHM, SPDW |
| Q2 2025 | 319 | $188.6M | SPYG, SPYV, SPSB, SCHM, VGSH |
| Q1 2025Amended | 291 | $179.4M | SPYV, SPYG, SPSB, SCHM, VGSH |
| Q4 2024 | 254 | $177.8M | VGSH, SPYG, SPYV, SPDW, SCHM |
| Q3 2024 | 269 | $168.3M | SPYG, VGSH, SPYV, SPDW, SCHM |
| Q2 2024Amended | 265 | $158.2M | SPYG, VGSH, SPYV, SPDW, SPHY |
| Q1 2024 | 260 | $155.8M | VGSH, SPYG, SPYV, SPDW, SPHY |