Comparing Plante Moran Financial Advisors' Q3 and Q4 2022 Holdings: Which Stocks Did They Change?

Plante Moran Financial Advisors, LLC, a registered investment advisor managing over $18 billion in assets, recently released its Q3 and Q4 2022 13F Holdings comparison report. The report provides valuable insights into the company's investment strategy and reveals which stocks they added to and sold from their portfolio during the quarter. In this article, we will analyze some of the significant changes in Plante Moran's holdings from the comparison report.

VANGUARD S&P 500 ETF (VOO)

Plante Moran Financial Advisors increased its holdings in VOO by 22%, with 473,618 shares in Q3 2022, rising to 539,957 shares in Q4 2022. The value of their holdings in VOO also increased by 22%, from $155,489,000 in Q3 2022 to $189,708,000 in Q4 2022.

PEPSICO INC COM (PEP)

Plante Moran held the same number of shares in PEP, with 361,550 shares in both Q3 and Q4 2022. However, the value of their holdings increased by 10.7%, from $59,027,000 in Q3 2022 to $65,337,000 in Q4 2022.

ISHARES NATIONAL MUNI BOND ETF (MUB)

The company increased its holdings in MUB by 5.7%, with 601,224 shares in Q3 2022 and 618,002 shares in Q4 2022. The value of their MUB holdings also increased from $61,674,000 in Q3 2022 to $65,211,000 in Q4 2022.

VANGUARD FTSE DEVELOPED MARKETS ETF (VEA)

Plante Moran's holdings in VEA increased by 27.4%, with 1,279,751 shares in Q3 2022, rising to 1,412,087 shares in Q4 2022. The value of their holdings also increased by 27.4%, from $46,532,000 in Q3 2022 to $59,265,000 in Q4 2022.

VANGUARD EXTENDED MARKET ETF (VXF)

The firm increased its holdings in VXF by 20.1%, with 212,047 shares in Q3 2022 and 243,585 shares in Q4 2022. The value of their holdings in VXF also increased by 20.1%, from $26,953,000 in Q3 2022 to $32,362,000 in Q4 2022.

VANGUARD LARGE-CAP ETF (VV)

Plante Moran increased its holdings in VV by 41.4%, with 128,690 shares in Q3 2022, rising to 170,875 shares in Q4 2022. The value of their holdings in VV also increased by 41.4%, from $21,049,000 in Q3 2022 to $29,766,000 in Q4 2022.

STRYKER CORPORATION COM (SYK)

The company held fewer shares in SYK, with 104,993 shares in Q3 2022 and 104,716 shares in Q4 2022. However, the value of their holdings in SYK increased by 20.4%, from $21,265,000 in Q3 2022 to $25,602,000 in Q4 2022.

YUM BRANDS INC COM (YUM)

Plante Moran held the same number of shares in YUM, with 147,230 shares in both Q3 and Q4 2022. However, the value of their holdings increased by 20.5%, from $15,656,000 in Q3 2022 to $18,859,000 in Q4 2022.

SPDR PORTFOLIO DEVELOPED WORLD EX-US ETF (SPDW)

The company increased its holdings in SPDW by 43.7%, with 466,052 shares in Q3 2022, rising to 581,783 shares in Q4 2022. The value of their holdings in SPDW also increased by 43.7%, from $12,024,000 in Q3 2022 to $17,273,000 in Q4 2022.

Overall, Plante Moran made several significant changes to its portfolio during the quarter, with some positions increasing while others reduced. The company's portfolio changes suggest they are bullish on growth in developed markets, with an emphasis on ETFs. Investors could use this information to make decisions on their portfolio, either by following Plante Moran's lead or by deciding to invest differently.