Institutional Manager · CIK 0001790837

Bull Street Advisors, LLC

SAVANNAH, GA · File #028-19609

Latest AUM

$215,117

Positions

Top-10 Concentration

42.4%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-03

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
NEW	Qnity Corporation	Q	+7,247	+$592	$0
ADD	PepsiCo, Inc.	PEP	+2,030	+$291	+$63
EXITED	Lowes Companies Inc.	548661107	-973	-$245	$0
REDUCE	American Express Co.	AXP	-602	-$223	+$432
REDUCE	Alphabet Inc. Class A	GOOG	-705	-$221	+$972
NEW	iShares Silver Trust	SLV	+3,250	+$209	$0
NEW	Becton Dickinson & Co.	BDX	+1,061	+$206	$0
NEW	Caterpillar Inc	CAT	+350	+$201	$0
REDUCE	Verizon Communications, Inc.	VZ	-3,360	-$137	-$40
REDUCE	Comcast cl A	CCZ	-4,510	-$135	-$74

Sector Allocation

13.2%$28,446

9.7%$20,931

6.8%$14,728

4.7%$10,125

4.3%$9,268

Consumer Discretionary

3.4%$7,270

2.8%$5,938

1.3%$2,768

0.7%$1,547

0.2%$512

Communication Services

0.2%$364

Filing History

Jan 28, 202613F HOLDINGS REPORTQ/E Dec 202592 pos · $215,117
Oct 28, 202513F HOLDINGS REPORTQ/E Sep 202589 pos · $214,224
Jul 25, 202513F HOLDINGS REPORTQ/E Jun 202589 pos · $207,980
Apr 24, 202513F HOLDINGS REPORTQ/E Mar 202589 pos · $208,740
Jan 30, 202513F HOLDINGS REPORTQ/E Dec 202489 pos · $207,413
Nov 4, 202413F HOLDINGS REPORTQ/E Sep 202491 pos · $215,457
Jul 26, 202413F HOLDINGS REPORTQ/E Jun 202491 pos · $207,272
Apr 29, 202413F HOLDINGS REPORTQ/E Mar 202492 pos · $208,911
Oct 30, 202313F HOLDINGS REPORTQ/E Dec 202390 pos · $188,970

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	TJX Companies Inc.	872540109	70,917	$10,894	5.71%
2	Apple Inc.	AAPL	37,066	$10,077	5.28%
3	Johnson & Johnson	JNJ	47,825	$9,898	5.19%
4	Vanguard Sh Term Bond ETF	921937827	106,847	$8,421	4.41%
5	Microsoft Corporation	MSFT	17,143	$8,291	4.35%
6	Vanguard Sh Term Govt ETF	92206C102	137,537	$8,078	4.23%
7	Coca-Cola Company	KO	103,451	$7,233	3.79%
8	Costco Wholesale Corp	22160K105	7,787	$6,715	3.52%
9	Home Depot Inc.	HD	17,030	$5,860	3.07%
10	JPMorgan Chase & Co	VYLD	16,671	$5,372	2.82%
11	Berkshire Hathaway Class B	BRK-A	9,763	$4,907	2.57%
12	Danaher Corporation	235851102	20,732	$4,746	2.49%
13	Exxon Mobil Corporation	XOM	37,540	$4,518	2.37%
14	IShares ST Corp Bond ETF	464288646	83,515	$4,416	2.31%
15	Amgen Inc.	AMGN	13,020	$4,262	2.23%
16	Vanguard Sh Term Corp ETF	92206C409	52,817	$4,211	2.21%
17	Alphabet Inc. Class A	GOOG	13,195	$4,130	2.16%
18	American Express Co.	AXP	10,828	$4,006	2.10%
19	Vanguard Interm Corp ETF	92206C870	45,821	$3,838	2.01%
20	Sysco Corporation	SYY	45,519	$3,354	1.76%