Raub Brock Capital Management LP

LARKSPUR, CA · CIK 1554656 · 13F filing filed 2023-02-13

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

$489.5m reported value +2.2% vs Q3 2022

65positions

48.0%in top 10

10 new 15 added 21 reduced 8 sold out vs Q3 2022

This report includes the holdings of 3 other managers that share the investment decisions:

Beacon Pointe Advisors, LLC – files its own report too
BNY Mellon Advisors, Inc. – reports through this filing
Beacon Pointe Wealth Advisors, LLC – no 13F of its own this quarter

Also in the report of:

Advisory Services Network, LLC – $4.3m of shares are in both reports

Shares in two reports are counted once in each security's totals.

Holdings, Q4 2022

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	ISHARES TR SHORT TREAS BD SHV	SHV	309,664	$34.0m6.95%	6.95%	Added +4.7k	+4,679 1.5%
2	ISHARES TR SHRT NAT MUN ETF SUB	SUB	286,185	$29.8m6.10%	6.10%	Added +855	+855 0.3%
3	ABBVIE INC COM ABBV	ABBV	141,706	$22.9m4.68%	4.68%	Reduced -18.0k	-17,979 -11.3%
4	ELI LILLY & CO COM LLY	LLY	62,035	$22.7m4.64%	4.64%	Reduced -6.9k	-6,865 -10.0%
5	UNITEDHEALTH GROUP INC COM UNH	UNH	42,194	$22.4m4.57%	4.57%	Reduced -7.1k	-7,136 -14.5%
6	AUTOMATIC DATA PROCESSING IN COM ADP	ADP	90,231	$21.6m4.40%	4.40%	Reduced -12.3k	-12,257 -12.0%
7	CDW CORP COM CDW	CDW	118,428	$21.1m4.32%	4.32%	Reduced -12.4k	-12,357 -9.4%
8	NIKE INC CL B NKE	NKE	176,423	$20.6m4.22%	4.22%	Reduced -15.8k	-15,772 -8.2%
9	DOLLAR GEN CORP NEW COM DG	DG	81,482	$20.1m4.10%	4.10%	Reduced -8.7k	-8,697 -9.6%
10	D R HORTON INC COM DHI	DHI	222,961	$19.9m4.06%	4.06%	Reduced -22.0k	-21,984 -9.0%
11	LOWES COS INC COM LOW	LOW	99,570	$19.8m4.05%	4.05%	Reduced -9.5k	-9,539 -8.7%
12	MASTERCARD INCORPORATED CL A MA	MA	56,085	$19.5m3.98%	3.98%	Reduced -5.0k	-4,989 -8.2%
13	CANADIAN NATL RY CO COM CNI	CNI	162,288	$19.3m3.94%	3.94%	Reduced -15.0k	-15,019 -8.5%
14	ISHARES TR 3 7 YR TREAS BD IEI	IEI	165,705	$19.0m3.89%	3.89%	New
15	STARBUCKS CORP COM SBUX	SBUX	190,128	$18.9m3.85%	3.85%	Reduced -19.4k	-19,362 -9.2%
16	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	70,549	$18.8m3.85%	3.85%	Reduced -6.7k	-6,680 -8.7%
17	TEXAS INSTRS INC COM TXN	TXN	111,677	$18.5m3.77%	3.77%	Reduced -10.2k	-10,248 -8.4%
18	SHERWIN WILLIAMS CO COM SHW	SHW	77,109	$18.3m3.74%	3.74%	Reduced -6.8k	-6,753 -8.1%
19	ROPER TECHNOLOGIES INC COM ROP	ROP	41,523	$17.9m3.67%	3.67%	Reduced -3.8k	-3,809 -8.4%
20	PARKER-HANNIFIN CORP COM PH	PH	59,684	$17.4m3.55%	3.55%	New
21	S&P GLOBAL INC COM SPGI	SPGI	49,734	$16.7m3.40%	3.40%	Reduced -4.6k	-4,571 -8.4%
22	ZOETIS INC CL A ZTS	ZTS	111,968	$16.4m3.35%	3.35%	Reduced -9.5k	-9,483 -7.8%
23	CARRIER GLOBAL CORPORATION COM CARR	CARR	378,716	$15.6m3.19%	3.19%	Reduced -75.0k	-74,980 -16.5%
24	PROSHARES TR S&P 500 DV ARIST NOBL	NOBL	14,265	$1.3m0.26%	0.26%	Added +600	+600 4.4%
25	SPDR SER TR BLOOMBERG 1-3 MO BIL	BIL	13,187	$1.2m0.25%	0.25%	Reduced -5.1k	-5,091 -27.9%
26	EXXON MOBIL CORP COM XOM	XOM	8,826	$973.5k0.20%	0.20%	Unchanged
27	APPLE INC COM AAPL	AAPL	6,046	$785.6k0.16%	0.16%	Added +1.4k	+1,400 30.1%
28	SELECT SECTOR SPDR TR ENERGY XLE	XLE	8,615	$753.6k0.15%	0.15%	Added +575	+575 7.2%
29	WILLIS TOWERS WATSON PLC LTD SHS WTW	WTW	2,650	$648.1k0.13%	0.13%	Reduced -250	-250 -8.6%
30	NOVO-NORDISK A S ADR NVO	NVO	4,550	$615.8k0.13%	0.13%	Unchanged
31	ALPHABET INC CAP STK CL C GOOG	GOOG	6,900	$612.2k0.13%	0.13%	Added +1.9k	+1,920 38.5%
32	COSTCO WHSL CORP NEW COM COST	COST	1,227	$560.1k0.11%	0.11%	Added +25	+25 2.1%
33	SELECT SECTOR SPDR TR FINANCIAL XLF	XLF	16,000	$547.2k0.11%	0.11%	Unchanged
34	MICROSOFT CORP COM MSFT	MSFT	2,280	$546.8k0.11%	0.11%	Added +730	+730 47.1%
35	VANECK ETF TRUST OIL SERVICES ETF OIH	OIH	1,725	$524.5k0.11%	0.11%	Unchanged
36	JPMORGAN CHASE & CO COM JPM	JPM	3,779	$506.8k0.10%	0.10%	Unchanged
37	RIO TINTO PLC SPONSORED ADR RIO	RIO	6,300	$448.6k0.09%	0.09%	Added +2.5k	+2,500 65.8%
38	VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG	VIG	2,844	$431.9k0.09%	0.09%	Added +4	+4 0.1%
39	ALPHABET INC CAP STK CL A GOOGL	GOOGL	4,540	$400.6k0.08%	0.08%	Added +1.0k	+1,000 28.2%
40	PROGRESSIVE CORP COM PGR	PGR	2,900	$376.2k0.08%	0.08%	Unchanged
41	HOME DEPOT INC COM HD	HD	1,183	$373.8k0.08%	0.08%	Unchanged
42	PACER FDS TR US CASH COWS 100 COWZ	COWZ	7,600	$351.5k0.07%	0.07%	Unchanged
43	SCHWAB STRATEGIC TR US DIVIDEND EQ SCHD	SCHD	4,619	$348.9k0.07%	0.07%	New
44	SPDR SER TR S&P BIOTECH XBI	XBI	4,100	$340.3k0.07%	0.07%	Added +600	+600 17.1%
45	NVIDIA CORPORATION COM NVDA	NVDA	2,308	$337.3k0.07%	0.07%	Unchanged
46	FREEPORT-MCMORAN INC CL B FCX	FCX	8,800	$334.4k0.07%	0.07%	Unchanged
47	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	600	$330.4k0.07%	0.07%	Unchanged
48	DEERE & CO COM DE	DE	765	$328.0k0.07%	0.07%	New
49	PFIZER INC COM PFE	PFE	6,351	$325.4k0.07%	0.07%	Unchanged
50	TARGET CORP COM TGT	TGT	2,103	$313.4k0.06%	0.06%	Unchanged
51	ASML HOLDING N V N Y REGISTRY SHS ASML	ASML	573	$313.1k0.06%	0.06%	New
52	PETROLEO BRASILEIRO SA PETRO SPONSORED ADR PBR	PBR	26,878	$286.3k0.06%	0.06%	Added +1.3k	+1,330 5.2%
53	WP CAREY INC COM WPC	WPC	3,640	$284.5k0.06%	0.06%	Unchanged
54	CHEVRON CORP NEW COM CVX	CVX	1,576	$282.9k0.06%	0.06%	New
55	EQUINOR ASA SPONSORED ADR EQNR	EQNR	7,800	$279.3k0.06%	0.06%	Unchanged
56	ISHARES TR CORE S&P500 ETF IVV	IVV	666	$255.9k0.05%	0.05%	Added +1	+1 0.1%
57	REALTY INCOME CORP COM O	O	4,025	$255.3k0.05%	0.05%	Unchanged
58	SCHWAB STRATEGIC TR US MID-CAP ETF SCHM	SCHM	3,861	$253.3k0.05%	0.05%	Added +100	+100 2.7%
59	ULTA BEAUTY INC COM ULTA	ULTA	500	$234.5k0.05%	0.05%	Unchanged
60	DEXCOM INC COM DXCM	DXCM	1,980	$224.2k0.05%	0.05%	New
61	BANK AMERICA CORP COM BAC	BAC	6,700	$221.9k0.05%	0.05%	Unchanged
62	NETFLIX INC COM NFLX	NFLX	749	$220.9k0.05%	0.05%	New
63	BLACKROCK INC COM BLK	BLK	311	$220.4k0.05%	0.05%	New
64	MGM RESORTS INTERNATIONAL COM MGM	MGM	6,125	$205.4k0.04%	0.04%	New
65	CERUS CORP COM CERS	CERS	29,399	$107.3k0.02%	0.02%	Unchanged

Sold out since Q3 2022

Security	Ticker	Shares held before	Value then
ISHARES TR SHY	SHY	229,370	$18.6m229.4k shares
AMERICAN TOWER CORP NEW AMT	AMT	79,324	$17.0m79.3k shares
ISHARES TR STIP	STIP	9,700	$932.0k9.7k shares
TESLA INC TSLA	TSLA	1,470	$390.0k1.5k shares
AMAZON COM INC AMZN	AMZN	3,228	$365.0k3.2k shares
JOHN HANCOCK EXCHANGE TRADED		4,861	$323.0k4.9k shares
FORD MTR CO F	F	27,666	$310.0k27.7k shares
INVITATION HOMES INC INVH	INVH	8,071	$273.0k8.1k shares