Analyzing Changes in Holdings: AdvicePeriod 13F Q1 2021 vs. Q2 2021

As financial markets continue to evolve, investors and financial firms must keep up with changes to maintain profitable portfolios. One way to stay informed is to follow fund holdings, as these holdings may indicate changes in investment strategies. In this blog post, we will analyze the changes in holdings of the AdvicePeriod, LLC fund. Specifically, we will compare the 13F Holdings of Q1 2021 vs. Q2 2021.

The AdvicePeriod 13F Q1 2021 report lists the firm's holdings in various funds and stocks, while the 13F Q2 2021 report indicates changes in these holdings. By comparing these two reports, investors can assess the firm's investment strategy and determine how market fluctuations and business developments have affected the portfolio.

One of the most significant changes during this period was the increase in shares of Vanguard Tax-Managed Int'l FD (VEA) from 3,898,334 to 4,100,560, representing a 10.3% increase. Similarly, the holdings of Vanguard Int'l Equity Index F (VWO) increased by 13.1%, from 3,053,235 to 3,308,373 shares. These changes indicate that AdvicePeriod LLC is placing more investment emphasis on international funds.

Conversely, AdvicePeriod LLC sold some of its shares in Vanguard Bond Index Funds (BSV) and decreased its holdings by 6.8%, from 263,938 shares to 246,109. Sharply reducing holdings and amount invested in Vanguard Star FDS (VT), where share count is roughly the same between two quarters, suggests lower investor confidence in this fund.

In addition to increasing holdings in international funds, AdvicePeriod LLC also added some new funds to its portfolio. This quarter saw the addition of 101,021 shares of Vanguard Mun Bd Fds (VTEB), representing an increase of 18.1% which is a relatively new Municipal Bond fund. Another new fund added was Vanguard Malvern Fds (VTIP), with an increase of 8.9% from 63,988 to 68,557 shares.

Some of the holdings in AdvicePeriod LLC remained relatively unchanged over this period, such as iShares TR (IVW), with an increase of share from 0 shares to 29,397 shares, and iShares TR (IEI), which saw little change. Despite the steady state of these holdings, investors cannot discount them, as even a small change in share count can represent a big shift in investments.

Overall, the AdvicePeriod 13F Q1 2021 vs. Q2 2021 comparison shows that the firm made some significant changes to its portfolio. It is positioning itself to invest in international funds more heavily, while also taking advantage of new opportunities by introducing new funds. While some holdings remained unchanged, they cannot be overlooked as they represent the consistent, reliable investment base of the portfolio. For investors who own shares in these funds or are planning to invest, it is always wise to keep an eye on how these holdings are changing over time.