Bip Wealth 13F annual report
Bip Wealth is an investment fund managing more than $1.22 trillion ran by Darrick Alford. There are currently 191 companies in Mr. Alford’s portfolio. The largest investments include Spdr Sp 500 Etf and Wisdomtree Floating Rate, together worth $525 billion.
$1.22 trillion Assets Under Management (AUM)
As of 1st August 2024, Bip Wealth’s top holding is 486,191 shares of Spdr Sp 500 Etf currently worth over $265 billion and making up 21.7% of the portfolio value.
In addition, the fund holds 5,178,972 shares of Wisdomtree Floating Rate worth $261 billion.
The third-largest holding is Ishares Treasury Floating Ra worth $62.7 billion and the next is Vanguard Index Fds Vanguard Total Stk Mkt Etf worth $56.4 billion, with 210,991 shares owned.
Currently, Bip Wealth's portfolio is worth at least $1.22 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Bip Wealth
The Bip Wealth office and employees reside in Atlanta, Georgia. According to the last 13-F report filed with the SEC, Darrick Alford serves as the CFO at Bip Wealth.
Recent trades
In the most recent 13F filing, Bip Wealth revealed that it had opened a new position in
Dimensional U.S. Equity ETF and bought 4,249 shares worth $250 million.
This means they effectively own approximately 0.1% of the company.
Dimensional U.S. Equity ETF makes up
14.6%
of the fund's Miscellaneous sector allocation and has grown its share price by 14.8% in the past year.
The investment fund also strengthened its position in Vanguard Index Fds Vanguard Value Etf Formerly Vanguard Index Tr by buying
20,165 additional shares.
This makes their stake in Vanguard Index Fds Vanguard Value Etf Formerly Vanguard Index Tr total 262,180 shares worth $42.1 billion.
On the other hand, there are companies that Bip Wealth is getting rid of from its portfolio.
Bip Wealth closed its position in Microstrategy on 8th August 2024.
It sold the previously owned 3,006 shares for $5.12 billion.
Darrick Alford also disclosed a decreased stake in Spdr Sp 500 Etf by approximately 0.1%.
This leaves the value of the investment at $265 billion and 486,191 shares.
One of the largest hedge funds
The two most similar investment funds to Bip Wealth are Woodmont Investment Counsel and Bbr Partners. They manage $1.22 trillion and $1.22 trillion respectively.
Darrick Alford investment strategy
Bip Wealth’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 1.8% of
the total portfolio value.
The fund focuses on investments in the United States as
24.1% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
21% of the total holdings value.
On the other hand, small-cap stocks make up only 1.6% of the portfolio.
The average market cap of the portfolio companies is close to $252 billion.
The complete list of Bip Wealth trades based on 13F SEC filings
These positions were updated on August 8th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
Security | Shares Owned | Value | Allocation |
---|---|---|---|
Spdr Sp 500 Etf |
9.80%
486,191
|
$264,595,666,000 | 21.67% |
Wisdomtree Floating Rate |
14.92%
5,178,972
|
$260,554,169,000 | 21.34% |
Ishares Treasury Floating Ra |
21.33%
1,238,022
|
$62,718,214,000 | 5.14% |
Vanguard Index Fds Vanguard Total Stk Mkt Etf |
9.64%
210,991
|
$56,442,513,000 | 4.62% |
Ishares Msci Eafe Etf |
8.14%
607,596
|
$47,593,050,000 | 3.90% |
Vanguard Index Fds Vanguard Value Etf Formerly Vanguard Index Tr |
8.33%
262,180
|
$42,056,382,000 | 3.44% |
Vanguard Intl Equity Index Fds Tt Wrld St Etf |
17.53%
264,947
|
$29,841,141,000 | 2.44% |
Vanguard Ftse All World |
9.89%
492,613
|
$28,886,850,000 | 2.37% |
Spdr Portfolio Sp 500 Value Etf |
11.92%
586,186
|
$28,570,740,000 | 2.34% |
Ishares Russell 2000 |
7.26%
93,209
|
$18,739,196,000 | 1.53% |
Spdr Ssga Ultra Short |
7.51%
391,946
|
$15,862,108,000 | 1.30% |
Spdr Portfolio Short Term Corporate Bond Etf |
21.11%
496,355
|
$14,741,769,000 | 1.21% |
Spdr Portfolio S P 1500 |
17.61%
196,053
|
$13,008,148,000 | 1.07% |
Wisdomtree International Smallcap Dividend Fund |
5.81%
197,665
|
$12,539,957,000 | 1.03% |
Wisdomtree International Largecap Dividend Fund |
4.71%
235,625
|
$11,950,929,000 | 0.98% |
Ishares Msci Emerging |
5.52%
278,938
|
$11,879,990,000 | 0.97% |
Wisdomtree Emerging Markets Smallcap Dividend Fund |
9.76%
230,302
|
$11,846,782,000 | 0.97% |
Apple Inc |
13.31%
55,019
|
$11,588,242,000 | 0.95% |
Vanguard Ftse Emerging |
2.48%
255,624
|
$11,186,146,000 | 0.92% |
Vanguard Large Cap Etf |
1.99%
36,280
|
$9,056,213,000 | 0.74% |
Wisdomtree Glb Ex Us Qly |
16.35%
228,858
|
$8,943,840,000 | 0.73% |
Ishares 0-5 Year Tips |
5.74%
88,052
|
$8,760,436,000 | 0.72% |
Ishares Global Reit Etf |
7.38%
341,809
|
$7,947,064,000 | 0.65% |
Ishares Msci Acwi Etf Iv |
18.66%
69,348
|
$7,794,568,000 | 0.64% |
Ishares Core Sp 500 |
1.62%
13,473
|
$7,373,173,000 | 0.60% |
Dimensional Etf Trust Us Mktwide Value |
9.19%
183,661
|
$7,212,408,000 | 0.59% |
Ishares Interntinl |
8.01%
143,770
|
$7,177,013,000 | 0.59% |
Ishares Msci Eafe Value |
0.74%
135,264
|
$7,174,459,000 | 0.59% |
Spdr Portfolio Developed World Ex-us Etf |
17.84%
197,664
|
$6,934,105,000 | 0.57% |
Vanguard High Dividend |
15.69%
58,381
|
$6,924,084,000 | 0.57% |
Spdr Sp 600 Small Cap |
5.25%
158,005
|
$12,904,862,000 | 1.06% |
Wisdomtree Tr Us Smallcap Divd |
7.96%
201,168
|
$6,266,411,000 | 0.51% |
Home Depot, Inc. |
2.65%
17,488
|
$6,020,222,000 | 0.49% |
Verra Mobility Corporation |
No change
219,745
|
$5,977,064,000 | 0.49% |
Spdr Portfolio Sp 500 High Dividend Etf |
20.32%
145,747
|
$5,863,431,000 | 0.48% |
Vanguard Dividend |
12.70%
30,679
|
$5,600,592,000 | 0.46% |
Microsoft Corporation |
3.22%
12,506
|
$5,589,970,000 | 0.46% |
Microstrategy Inc. |
Closed
3,006
|
$5,123,907,000 | |
Spdr Sp Emerging Markets Small Cap Etf |
6.03%
86,332
|
$5,000,391,000 | 0.41% |
Vanguard Small Cap Etf |
6.74%
18,177
|
$3,963,494,000 | 0.32% |
Vanguard Growth Etf |
0.60%
9,598
|
$3,589,748,000 | 0.29% |
Spdr Index Shares Emerg |
10.25%
92,447
|
$3,482,533,000 | 0.29% |
Vanguard Intermediate |
9.78%
42,215
|
$3,374,285,000 | 0.28% |
Amazon.com Inc. |
6.22%
17,324
|
$3,347,979,000 | 0.27% |
Endava Plc F |
4.37%
110,550
|
$3,232,482,000 | 0.26% |
Spdr Portfolio Sp 500 |
6.73%
46,752
|
$2,992,133,000 | 0.25% |
Spdr Sp International |
3.04%
91,396
|
$2,900,951,000 | 0.24% |
Berkshire Hathaway Inc. |
0.22%
6,905
|
$2,808,954,000 | 0.23% |
Vanguard Extended Market |
8.41%
15,236
|
$2,571,827,000 | 0.21% |
NVIDIA Corp |
805.44%
20,816
|
$2,571,778,000 | 0.21% |
Vanguard Small Cap Value |
30.23%
13,223
|
$2,413,462,000 | 0.20% |
Spdr Portfolio Sp 500 Growth Etf |
1.89%
30,105
|
$2,412,323,000 | 0.20% |
Wisdomtree Tr Us Midcap Divid |
19.51%
50,473
|
$2,360,646,000 | 0.19% |
Coca-Cola Co |
1.52%
34,513
|
$2,196,813,000 | 0.18% |
Exxon Mobil Corp. |
18.12%
18,476
|
$2,127,046,000 | 0.17% |
Ishares Msci Eafe Small |
16.47%
33,398
|
$2,058,729,000 | 0.17% |
Vanguard Scottsdale Fds Vanguard Short-term Corporate Bd Index Fd Etf Shs |
17.08%
26,158
|
$2,021,507,000 | 0.17% |
Wisdomtree Interl Ai End |
22.94%
49,864
|
$1,962,677,000 | 0.16% |
Ishares Core Sp Total Us Stock Market Etf |
14.27%
15,810
|
$1,878,042,000 | 0.15% |
Sprott Physical Gold Etv |
0.10%
103,870
|
$1,875,892,000 | 0.15% |
Ishares Msci Acwi Ex Us |
12.42%
30,965
|
$1,645,170,000 | 0.13% |
Vanguard Sp 500 Etf |
2.40%
3,249
|
$1,625,121,000 | 0.13% |
Accenture Plc F |
Closed
4,492
|
$1,556,972,000 | |
Mckesson Corporation |
6.29%
2,591
|
$1,513,248,000 | 0.12% |
Ishares Short Term Ntnl |
17.63%
13,966
|
$1,460,175,000 | 0.12% |
Spdr Dow Jone Global |
13.75%
34,154
|
$1,418,444,000 | 0.12% |
Ishares Russell 3000 |
0.04%
4,529
|
$1,398,088,000 | 0.11% |
Alphabet Inc Cap Stk Cl C |
12.98%
7,504
|
$1,376,432,000 | 0.11% |
Charles Schwab Corp. |
No change
18,061
|
$1,330,915,000 | 0.11% |
Alphabet Inc Cap Stk Cl A |
2.74%
6,948
|
$1,265,632,000 | 0.10% |
WestRock Co |
17.60%
24,224
|
$1,217,498,000 | 0.10% |
Meta Platforms Inc |
4.98%
2,404
|
$1,212,864,000 | 0.10% |
Oracle Corp. |
3.35%
8,218
|
$1,160,399,000 | 0.10% |
Amern Tower Corp |
2.74%
5,956
|
$1,157,883,000 | 0.09% |
Global Payments, Inc. |
2.85%
11,587
|
$1,120,463,000 | 0.09% |
Ishares Msci Eafe Growth |
10.19%
10,550
|
$1,079,265,000 | 0.09% |
Technology Select Sector |
11.42%
4,521
|
$1,022,786,000 | 0.08% |
Walmart Inc |
0.50%
14,698
|
$995,202,000 | 0.08% |
Johnson Johnson |
0.90%
6,759
|
$987,974,000 | 0.08% |
American Centy Etf Tr Avantis All Eqt |
176.03%
13,959
|
$967,642,000 | 0.08% |
Spdr Portfolio Sp 400 |
23.19%
18,327
|
$940,198,000 | 0.08% |
Broadcom Inc. |
3.57%
581
|
$932,813,000 | 0.08% |
Spdr Portfolio Tips Etf |
32.09%
36,625
|
$931,007,000 | 0.08% |
Ishares Core Msci Eafe |
16.48%
12,641
|
$918,242,000 | 0.08% |
Invsc Qqq Trust Srs 1 |
1.28%
1,898
|
$909,432,000 | 0.07% |
Spdr Portfolio Sp 600 |
22.43%
21,648
|
$899,064,000 | 0.07% |
Synovus Finl Co |
0.40%
22,293
|
$895,956,000 | 0.07% |
Nucor Corp. |
Closed
4,502
|
$890,946,000 | |
Spdr Intrmdt Trm Crprate |
20.68%
27,121
|
$883,060,000 | 0.07% |
iShares Select Dividend ETF |
37.23%
6,782
|
$820,599,000 | 0.07% |
Procter Gamble |
1.63%
4,949
|
$816,315,000 | 0.07% |
Vanguard Information |
No change
1,414
|
$815,298,000 | 0.07% |
Wisdomtree Tr Us Multifactor |
11.75%
17,060
|
$775,237,000 | 0.06% |
Costco Wholesale Corp |
27.04%
901
|
$765,991,000 | 0.06% |
Bank Of America Corp. |
3.84%
18,773
|
$746,616,000 | 0.06% |
Ishares Russell 1000 |
5.83%
4,343
|
$1,417,988,000 | 0.12% |
Ishares Russell Mid Cap |
14.88%
8,497
|
$688,973,000 | 0.06% |
Eli Lilly And Co |
20.53%
751
|
$680,025,000 | 0.06% |
Visa Inc |
7.06%
2,554
|
$670,397,000 | 0.05% |
J P Morgan Chase Co |
18.91%
3,297
|
$666,970,000 | 0.05% |
Salesforce Inc |
3.10%
2,593
|
$666,667,000 | 0.05% |
Vanguard Health Care |
No change
2,494
|
$663,404,000 | 0.05% |
Marriott International Inc Com Usd0.01 Class A |
0.47%
2,728
|
$659,549,000 | 0.05% |
The Southern Co. |
24.79%
8,236
|
$638,943,000 | 0.05% |
Adobe Inc |
46.84%
1,116
|
$619,982,000 | 0.05% |
Ishares National Muni |
16.55%
5,789
|
$616,818,000 | 0.05% |
First Tr Nas 100 Eql |
No change
4,913
|
$605,746,000 | 0.05% |
Ishares Core Sp Small-cap E |
1.70%
5,676
|
$605,402,000 | 0.05% |
Ishares Tr Us Treas Bd Etf |
35.38%
26,321
|
$594,065,000 | 0.05% |
Pepsico Inc |
15.86%
3,534
|
$583,009,000 | 0.05% |
Enterprise Prods Part Lp |
Closed
19,675
|
$574,145,000 | |
Cheniere Energy Inc. |
Closed
3,495
|
$563,674,000 | |
Fidelity Msci Infor Tech |
No change
3,156
|
$541,429,000 | 0.04% |
Neovolta Inc |
No change
200,214
|
$528,565,000 | 0.04% |
Merck Co. Inc. |
6.39%
4,074
|
$504,424,000 | 0.04% |
Novo-nordisk As Vormal F |
0.74%
3,530
|
$503,872,000 | 0.04% |
Vanguard Mid Cap Etf |
19.94%
2,048
|
$495,821,000 | 0.04% |
Spdr Dow Jones |
2.13%
1,243
|
$486,175,000 | 0.04% |
Vanguard Ftse Developed |
23.37%
9,805
|
$484,585,000 | 0.04% |
RTX Corp |
2.30%
4,792
|
$481,164,000 | 0.04% |
Chevron Corp. |
60.57%
2,980
|
$466,240,000 | 0.04% |
Spdr Sp Dividend Etf |
12.38%
3,631
|
$461,791,000 | 0.04% |
Palo Alto Networks Inc |
2.02%
1,355
|
$459,359,000 | 0.04% |
Vanguard Real Estate |
9.03%
5,411
|
$453,225,000 | 0.04% |
Cisco Systems, Inc. |
5.84%
9,155
|
$434,970,000 | 0.04% |
Cincinnati Finl |
1.17%
3,558
|
$420,200,000 | 0.03% |
Spdr Index Shs Fds Portfli Msci Gbl |
3.71%
6,870
|
$417,600,000 | 0.03% |
Schwab Us Small Cap Etf |
1.49%
8,633
|
$409,660,000 | 0.03% |
Ibm Corp |
10.59%
2,364
|
$408,854,000 | 0.03% |
Vanguard Short Inflation |
36.42%
8,314
|
$403,562,000 | 0.03% |
Invsc Intl Dvdnd Achvrs |
2.29%
22,300
|
$399,616,000 | 0.03% |
Abbvie Inc |
15.20%
2,299
|
$394,396,000 | 0.03% |
Ishares Core Sp Us Value Etf |
15.90%
4,390
|
$386,913,000 | 0.03% |
Ishares Sp 500 Value Etf |
0.05%
2,031
|
$369,788,000 | 0.03% |
Ishares Sp 500 Growth Etf |
2.89%
3,933
|
$363,986,000 | 0.03% |
A T & T Inc |
9.53%
18,984
|
$362,784,000 | 0.03% |
Tesla Inc |
70.56%
1,828
|
$361,725,000 | 0.03% |
Ishares Inc Em Mkt Sm-cp Etf |
0.03%
5,751
|
$351,529,000 | 0.03% |
Schwab Us Large Cap |
1.90%
3,434
|
$346,354,000 | 0.03% |
Ishares Core 1-5 Year |
15.98%
7,287
|
$345,185,000 | 0.03% |
SouthState Corporation |
0.74%
4,456
|
$340,528,000 | 0.03% |
Vanguard Small Cap |
3.22%
1,353
|
$338,464,000 | 0.03% |
Mastercard Incorporated |
15.05%
762
|
$336,196,000 | 0.03% |
AMGEN Inc. |
2.92%
1,064
|
$332,447,000 | 0.03% |
Nike, Inc. |
6.39%
4,392
|
$331,036,000 | 0.03% |
Truist Finl Corp |
No change
8,473
|
$329,176,000 | 0.03% |
Tenet Healthcare Corp. |
No change
2,470
|
$328,584,000 | 0.03% |
Ishares Inc Core Msci Emerging Mkts Etf |
46.37%
6,131
|
$328,220,000 | 0.03% |
Workday Inc Com Usd0.001 Cl A |
No change
1,450
|
$324,162,000 | 0.03% |
Spdr Sp Midcap 400 Etf |
Closed
576
|
$320,486,000 | |
Ares Cap Corp |
5.34%
14,672
|
$305,776,000 | 0.03% |
Hims Hers Health Inc |
0.07%
15,035
|
$303,557,000 | 0.02% |
Park Hotels Resorts In |
Closed
17,320
|
$302,936,000 | |
Ishares Core Sp Mid-cap |
Closed
4,960
|
$301,275,000 | |
Wisdomtree Eurp Qly Div |
No change
9,314
|
$298,603,000 | 0.02% |
Ishares Sp 100 Etf |
No change
1,121
|
$296,280,000 | 0.02% |
Walt Disney Co (The) |
Closed
2,409
|
$294,773,000 | |
Royal Bank Of Canada F |
Closed
2,921
|
$294,670,000 | |
Charles Schwab Us Mc |
6.34%
3,782
|
$294,381,000 | 0.02% |
Norfolk Southern Corp. |
No change
1,342
|
$288,114,000 | 0.02% |
Vanguard Short-term Bond |
12.10%
3,735
|
$286,475,000 | 0.02% |
Ishares Tr Msci Kld400 Soc |
61.22%
2,755
|
$286,107,000 | 0.02% |
Blackstone Inc |
Closed
2,145
|
$281,789,000 | |
Ishares Tr Core Msci Total |
7.23%
4,160
|
$281,088,000 | 0.02% |
C3.ai Inc |
Closed
10,300
|
$278,821,000 | |
Duke Energy Corp New Com New Isin #us26441c2044 Sedol #b7jzsk0 |
4.56%
2,751
|
$275,825,000 | 0.02% |
Advanced Micro Device In |
Closed
1,520
|
$274,345,000 | |
Blackstone Private Credi |
1.60%
10,659
|
$272,343,000 | 0.02% |
Ishares Us |
1.64%
6,444
|
$271,421,000 | 0.02% |
Mcdonalds Corp |
21.04%
1,051
|
$267,902,000 | 0.02% |
Schwab Us Broad Market |
1.99%
4,245
|
$266,938,000 | 0.02% |
Starbucks Corp. |
Closed
2,877
|
$262,929,000 | |
Eaton Corp Plc F |
No change
834
|
$261,712,000 | 0.02% |
Vanguard Intrmdiat Trm |
Closed
4,399
|
$257,561,000 | |
Lowes Companies Inc |
Closed
1,006
|
$256,258,000 | |
Comcast Corp |
0.95%
6,538
|
$256,028,000 | 0.02% |
NextEra Energy Inc |
7.70%
3,597
|
$254,704,000 | 0.02% |
Ishares Russell 1000 Value Etf |
17.29%
1,454
|
$253,786,000 | 0.02% |
Conocophillips |
Closed
1,989
|
$253,160,000 | |
Intuit Inc |
6.10%
385
|
$253,026,000 | 0.02% |
Dimensional U.S. Equity ETF |
Opened
4,249
|
$250,054,000 | 0.02% |
Cheniere Energy Partn Lp |
Closed
5,000
|
$246,950,000 | |
Select Str Financial |
No change
5,990
|
$246,249,000 | 0.02% |
Vanguard Mid Cap Value |
2.15%
1,618
|
$243,420,000 | 0.02% |
Spdr Sp 400 Mid Cap |
Closed
3,182
|
$241,832,000 | |
Ishares Us Technology Etf |
No change
1,600
|
$240,800,000 | 0.02% |
Regions Finl Co |
17.21%
12,005
|
$240,591,000 | 0.02% |
Caterpillar Inc. |
Closed
641
|
$235,044,000 | |
Philip Morris Intl |
No change
2,305
|
$233,566,000 | 0.02% |
Blackrock Inc. |
Closed
280
|
$233,436,000 | |
Invsc S P 500 Equal |
5.16%
1,415
|
$232,535,000 | 0.02% |
Netflix Inc. |
Closed
380
|
$230,929,000 | |
Genuine Parts Co. |
0.92%
1,651
|
$228,366,000 | 0.02% |
Motorola Solutions Inc |
20.05%
590
|
$227,769,000 | 0.02% |
American Express Co. |
No change
982
|
$227,382,000 | 0.02% |
Xylem Inc |
Opened
1,675
|
$227,180,000 | 0.02% |
W.R. Berkley Corp. |
0.35%
2,856
|
$224,424,000 | 0.02% |
Spdr Fund Consumer |
11.82%
1,223
|
$223,075,000 | 0.02% |
Avantis U S Large Cap |
Opened
3,480
|
$218,683,000 | 0.02% |
Texas Instruments Inc. |
Opened
1,121
|
$218,068,000 | 0.02% |
Abbott Laboratories |
0.67%
2,084
|
$216,611,000 | 0.02% |
Quanta Services, Inc. |
0.82%
843
|
$214,303,000 | 0.02% |
Spdr Msci Acwi Ex-us |
No change
7,514
|
$212,721,000 | 0.02% |
Cencora Inc. |
Closed
872
|
$211,887,000 | |
Fidelity Msci |
No change
3,206
|
$209,594,000 | 0.02% |
Pimco Enhanced Shrt |
No change
2,050
|
$206,333,000 | 0.02% |
Unitedhealth Grp Inc |
36.58%
404
|
$205,741,000 | 0.02% |
Pfizer Inc. |
7.13%
7,230
|
$202,304,000 | 0.02% |
Ishares Us Real Estate |
Closed
2,245
|
$201,826,000 | |
Rolls-royce Hldgs Ordf |
Closed
99,900
|
$155,919,000 | |
Carlyle Tactical Private |
2.51%
15,157
|
$130,203,000 | 0.01% |
American Oncology Network In |
Closed
17,791
|
$97,673,000 | |
Ares Real Estate Income |
1.30%
11,448
|
$87,110,000 | 0.01% |
Lightwave Logic Inc Com |
No change
15,012
|
$44,886,000 | 0.00% |
Multistrada Arah Ordf |
Closed
150,000
|
$41,640,000 | |
Novonix Ltd Ordf |
Closed
11,654
|
$6,532,000 | |
Quadrant 4 Systems |
No change
45,000
|
$0 | 0.00% |
Ibiz Technology Corp Xxx |
No change
25,000
|
$0 | 0.00% |
Paragon Offshore Plc F |
Closed
10,915
|
$0 | |
Eurogas Inc Xxx |
No change
200,000
|
$0 | 0.00% |
No transactions found | |||
Showing first 500 out of 220 holdings |
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