Acropolis Investment Management, LLC Q1 2023 vs. Q2 2023 13F Holdings Comparison

Analysis of the Changes in Holdings of the Acropolis Investment Management, LLC Q1 2023 vs. Q2 2023

Introduction:

As the second quarter of 2023 comes to a close, it is crucial for investors to assess the performance and changes in holdings of various funds. Acropolis Investment Management, LLC is one such firm that files its 13F form, providing insights into its holdings. In this article, we will explore the notable changes in Acropolis Investment Management's holdings during this period.

Vanguard Index Funds (VOO):

One of the significant changes in Acropolis Investment Management's portfolio is the decrease in holdings of Vanguard Index Funds (VOO). The number of shares held decreased from 551,848 in Q1 2023 to 539,269 in Q2 2023, a decline of 2.3%. However, the value of these shares increased from $207,533,000 to $219,633,000, reflecting a positive change of 5.8%. This suggests that despite holding fewer shares, the value of their investment in VOO has appreciated.

Vanguard Bond Index Fund (BND):

Another notable change in Acropolis Investment Management's holdings is seen in Vanguard Bond Index Fund (BND). In Q1 2023, the firm held 1,710,724 shares, which increased to 1,757,564 shares in Q2 2023, indicating a growth of 2.7%. The value of these shares also increased from $126,302,000 to $127,757,000, reflecting a modest change of 1.2%. This suggests that Acropolis Investment Management has confidence in the performance of bond funds.

Vanguard Tax-Managed Fund (VEA):

Acropolis Investment Management also made minor adjustments to its holdings in Vanguard Tax-Managed Fund (VEA). The number of shares held decreased marginally from 2,416,945 in Q1 2023 to 2,404,835 in Q2 2023, reflecting a decline of 0.5%. However, the value of these shares increased from $109,173,000 to $111,055,000, suggesting a positive change of 1.7%. Despite minor adjustments in the number of shares held, Acropolis Investment Management's confidence in VEA remains intact.

iShares TR (IJR and IJH):

Acropolis Investment Management experienced slight changes in its holdings of iShares TR, specifically in IJR and IJH. In the case of IJR, the firm held 871,112 shares in Q1 2023, which increased to 873,750 shares in Q2 2023, reflecting a marginal increase of 0.3%. The value of these shares also increased from $84,236,000 to $87,069,000, indicating a positive change of 3.4%. Similarly, in the case of IJH, the firm held 308,613 shares in Q1 2023, which decreased to 303,801 shares in Q2 2023, reflecting a decrease of 1.6%. However, the value of these shares increased from $77,202,000 to $79,437,000, indicating a positive change of 2.9%.

Vanguard Scottsdale Funds (VMBS and VGSH):

Acropolis Investment Management made adjustments to its holdings in Vanguard Scottsdale Funds, particularly in VMBS and VGSH. In the case of VMBS, the firm held 1,286,051 shares in Q1 2023, which increased to 1,329,504 shares in Q2 2023, reflecting a growth of 3.4%. The value of these shares also increased from $59,865,000 to $61,143,000, suggesting a positive change of 2.1%. On the other hand, in the case of VGSH, the firm held 228,707 shares in Q1 2023, which increased to 267,021 shares in Q2 2023, reflecting significant growth of 16.8%. The value of these shares also increased from $13,388,000 to $15,415,000, indicating a positive change of 15.1%.

Conclusion:

In conclusion, Acropolis Investment Management, LLC experienced both positive and negative changes in its holdings during Q1 and Q2 of 2023. Despite slight decreases in the number of shares held for certain funds, the values of these shares generally increased, hinting at a positive overall performance. It is important for investors to review these changes and analyze the implications for their own investment strategies. It will be interesting to monitor Acropolis Investment Management's future moves as they navigate the ever-evolving financial landscape.