Analyzing the Millburn Ridgefield Corp Q3 and Q4 2022 13F report: Changes in Holdings and Diversification Strategies.

Investing in stocks is one of the most popular ways to grow wealth. However, choosing which stocks to invest in can be a daunting task, especially if you are just starting out. One solution to this problem is to invest in a mutual fund, which is a collection of stocks managed by a professional fund manager. One such fund is the Millburn Ridgefield Corp, whose holdings are summarised in the CSV file above. In this blog post, we will explore the changes in the fund's holdings during Q3 and Q4 of 2022.

The Millburn Ridgefield Corp 13F is a quarterly report filed by institutional investment managers with at least $100 million in assets under management. These reports must disclose their holdings of equity securities that they held at the end of the quarter. The 13F report for Q3 2022 and Q4 2022 reveals that the fund made several changes to its holdings.

Let's start by looking at the top five holdings of the Millburn Ridgefield Corp at the end of Q3 and Q4 2022. The fund's top five holdings at the end of Q3 were ISHARES TR (IJH), ISHARES TR (IWB), ISHARES TR (IWM), ISHARES TR (IJR), and VANGUARD INDEX FDS (VO). At the end of Q4, the top five holdings were ISHARES TR (IJH), ISHARES TR (IWB), VANGUARD INDEX FDS (VO), ISHARES TR (IWM), and ISHARES TR (IWR). We can see that the fund reduced its holdings in ISHARES TR (IJR) and ISHARES TR (IWR) and increased its holdings in VANGUARD INDEX FDS (VO).

The CSV file also shows the changes in the number of shares held by the fund and the change in value between Q3 and Q4 2022. For example, the fund held 1,705,475 shares of ISHARES TR (IJH) at the end of Q3, which increased to 1,867,781 shares at the end of Q4. The value of these shares also increased from $373,942 to $451,798. This represents a percentage change of 20.8%. We can see similar changes in other holdings, with some stocks seeing significant increases in value, while others experienced a decline.

One of the significant changes in the fund's holdings was the addition of a new stock, VANGUARD INTL EQUITY INDEX F (VNQI). The fund held zero shares of VNQI at the end of Q3 but added 16,957 shares at the end of Q4, valued at $701,000. This new investment represents a shift in the fund's strategy as it diversifies its portfolio by investing in international equities.

It is interesting to note that the fund's new investment in VNQI is not the only international stock it added to its portfolio in Q4. The fund also increased its holdings in ISHARES INC (EWT), ISHARES INC (EWZ), and ISHARES INC (EWA), which are all foreign companies. This suggests that the fund is looking to expand its portfolio globally and diversify its holdings.

Overall, we can see that the Millburn Ridgefield Corp made several changes to its holdings during Q3 and Q4 of 2022. The fund reduced its holdings in some stocks while increasing its holdings in others, especially in the international equity market. While we cannot predict the future performance of these stocks, tracking the changes in the fund's holdings can provide us with valuable insights into its investment strategy, helping us make informed decisions about our own investments.