Analyzing Evensky & Katz LLC's Mutual Fund Holdings: Q4 2022 vs. Q1 2023 Report Review

Investing in the stock market can be a great way to grow your wealth and secure your financial future. However, it can be hard to decide which stocks to invest in, especially if you are new to the market. That’s where mutual funds come into the picture. Mutual funds are investment vehicles that allow you to buy into a diversified portfolio of stocks, bonds, and other assets with just one purchase.

One such mutual fund is the Evensky & Katz LLC, which recently released its Q4 2022 vs. Q1 2023 13F Holdings Comparison report. The report summarizes the changes in holdings of the fund during the said time period. Let’s take a closer look at the report and understand what it tells us about the fund’s portfolio.

The report is a CSV file that contains the following columns:

- Sym: stock symbol

- Issuer Name: name of the company or fund

- Option Type: type of security (in this report, it is blank, which means that all the holdings are stocks)

- Q4 2022 (SHARES): number of shares held by the fund at the end of Q4 2022

- Q1 2023 (SHARES): number of shares held by the fund at the end of Q1 2023

- Q4 2022 VALUE ($000): value of the shares held by the fund at the end of Q4 2022 (in thousands of dollars)

- Q1 2023 VALUE ($000): value of the shares held by the fund at the end of Q1 2023 (in thousands of dollars)

- Chg %: percentage change in the holdings from Q4 2022 to Q1 2023

Let’s go through some of the significant changes in the holdings of the fund and try to understand what they mean.

One of the most notable changes in the fund’s portfolio is the increase in the number of shares of the DFA International Core Equity 2 (DFIC) fund. From Q4 2022 to Q1 2023, the fund bought an additional 633,257 shares of DFIC, which represents a 21.2% increase in its holdings. This suggests that the fund is bullish on international equities and sees potential in this specific fund.

Another interesting change is the significant increase in the number of shares of the iShares Core S&P Total US Stock Market (ITOT) ETF. The fund bought an additional 382,572 shares of ITOT, which represents a 51.6% increase in its holdings. This suggests that the fund is bullish on the US stock market and sees potential in this ETF.

On the other hand, there were some significant decreases in the fund’s holdings as well. For example, the fund sold 32,445 shares of the Vanguard Russell 3000 Index FD ETF (VTHR), representing a 12.8% decrease in its holdings. This suggests that the fund is bearish on this ETF and doesn’t see much potential in it.

Similarly, the fund sold 13,198 shares of the iShares Trust Core MSCI Intl (IDEV), representing a 27.2% decrease in its holdings. This suggests that the fund is bearish on international equities and doesn’t see much potential in this specific fund.

It’s worth noting that the fund’s portfolio is well-diversified, with holdings in a variety of ETFs, stocks, and other assets. This diversification helps mitigate risk and provides exposure to different sectors of the market. However, it’s important to remember that diversification does not guarantee a profit or eliminate the risk of loss.

In conclusion, the Evensky & Katz LLC Q4 2022 vs. Q1 2023 13F Holdings Comparison report provides valuable insights into the fund’s portfolio changes. By analyzing and understanding these changes, investors can make informed decisions about whether to invest in the fund or not. However, it’s important to conduct further research and seek advice from a financial advisor before making any investment decisions.