Analyzing Goldstein Munger & Associates' Q2 and Q3 2022 Holdings with 13F Report Comparisons

In the investment world, shareholders always keep a close eye on their investments. One way to do this is by regularly comparing the holdings of a fund over a specific time frame. This is where the 13F report comes in. It is a quarterly report filed with the Securities and Exchange Commission (SEC) by institutional investment managers with more than $100 million in assets under management. The report provides a comprehensive list of the holdings of a fund, including the number of shares and their value.

In this blog post, we will be reviewing the Q2 2022 and Q3 2022 holdings of the Goldstein Munger & Associates fund using the 13F report. This fund manages over $1 billion in assets and mainly invests in US equities.

Let's dive into the comparison of the holdings of this fund between the two quarters.

Top Holdings Q2 2022

The top five holdings of Goldstein Munger & Associates in Q2 2022 were:

1. IWB - iShares TR - 652,985 shares with a value of $135,664,000

2. EFA - iShares TR - 432,665 shares with a value of $27,037,000

3. IWM - iShares TR - 104,801 shares with a value of $17,749,000

4. IAU - iShares Gold TR - 636,098 shares with a value of $21,825,000

5. VEA - Vanguard Tax-Managed FDS - 461,833 shares with a value of $18,843,000

It is noteworthy that the top five holdings of the fund mainly consist of ETFs. This shows that the fund is more focused on diversification rather than investing in individual stocks.

Changes in Holdings Q2 2022 to Q3 2022

Now let's take a closer look at the changes in holdings between the two quarters.

The biggest change in holdings was in the iShares Gold TR (IAU) with a decrease of 22.8% in the number of shares, from 636,098 to 534,645. The value of the fund's holdings in IAU also decreased significantly by 22.8%, from $21,825,000 to $16,857,000.

Another significant decrease was in the SPDR Gold TR (GLD), with a decrease of 30.2% in the number of shares, from 89,505 to 68,009. The value of the fund's holdings in GLD also decreased significantly by 30.2%, from $15,078,000 to $10,519,000.

On the other hand, there were some increases in holdings as well. The Vanguard Scottsdale FDS (VTWO) saw an increase of 2.5% in the number of shares, from 16,912 to 17,782. The value of the fund's holdings in VTWO also increased by 2.5%, from $1,156,000 to $1,185,000.

The Vanguard S&P 500 ETF (VOO) was also up slightly, with an increase of 0.1% in the number of shares, from 11,192 to 11,192. The value of the fund's holdings in VOO also stayed about the same, with only a small increase from $2,309,000 to $2,312,000.

Overall, the fund's holdings mainly decreased in value and the number of shares held in individual stocks, while the holdings in ETFs held steady or increased slightly.

Conclusion

In conclusion, the 13F report provides valuable insights into the holdings of a fund and any changes that occurred between reporting periods. It allows investors to track their investments and make informed decisions about future investment opportunities.

For Goldstein Munger & Associates, the Q2 2022 to Q3 2022 13F report reveals a decrease in the value and number of shares held in individual stocks, while the holdings in ETFs remained steady or slightly increased. This indicates that the fund is focusing more on diversification with a higher percentage of its assets invested in ETFs than individual securities.

Of course, any investment decision should be made after thorough research and analysis, as past performance may not be indicative of future results.