Creative Planning Makes Minor Adjustments in Q3 2022 vs. Q4 2022 13F Holdings Comparison

With each passing quarter, investment portfolios undergo a series of changes as investors either shift their priorities or completely overhaul their strategies. This is certainly true for Creative Planning, whose Q3 2022 vs. Q4 2022 13F holdings comparison has shown that they have made some significant changes to their portfolio. In this blog post, we will examine the changes that Creative Planning has made and what they might indicate about their investment strategy.

Firstly, it’s worth noting that while Creative Planning made some adjustments, their portfolio remained relatively stable, with only a few major changes across the board. The most significant change was the 23.3% increase in holdings for the Vanguard Tax-Managed Funds (VEA). At the end of Q4 2022, Creative Planning held 114,292,793 shares of VEA, up from 106,985,553 shares in Q3, making it their highest holding in terms of share volume. The value of these holdings increased as well, rising from $3,889,995 in Q3 to $4,796,868 in Q4.

The Vanguard Portfolio also saw a small increase in share volume, with Q4 holdings increasing to 12665119 shares, up from 12260677 shares in Q3. However, the value of these holdings was higher in Q4 than in Q3, reaching $2,206,263, up from $2,005,356 in Q3. The Vanguard Treasury Index Fund (VGIT) saw a similar increase in share volume, from 5210216 shares in Q3 to 5675318 shares in Q4. The value of these holdings increased from $303,808 to $331,892 between the quarters.

Another notable change was the 33.4% increase in share volume for the Schwab Strategic Trust (SCHX). Creative Planning increased their holdings from 24,482,331 shares in Q3 to 30,641,503 shares in Q4, with the value of these holdings increasing from $1,036,827 to $1,383,463. SCHX now ranks third in terms of share volume in Creative Planning’s portfolio, after VEA and the ISHARES TR (IVV).

It’s worth noting that while the majority of Creative Planning’s portfolio remained relatively stable between Q3 and Q4 of 2022, some stocks suffered significant declines. Perhaps the most notable was TESLA INC (TSLA), which saw a 53.9% decrease in value from $206,582 in Q3 to $95,300 in Q4, with share volume remaining relatively stable at 778,821 and 773,666 respectively. Another significant decline was seen in AMAZON COM INC (AMZN), whose value fell from $285,444 in Q3 to $220,945 in Q4, representing a 22.6% decline in value.

Conversely, some stocks saw impressive gains during the period. AMERICAN CENTY ETF TR (AVUV) was the best-performing stock in terms of percentage gains, with its value rising by an impressive 156.3%, from $138,426 in Q3 to $354,796 in Q4. Other significant gainers included DIMENSIONAL ETF TRUST (DFAT), whose value rose by 57.8% from $366,139 to $577,891, and the ISHARES TR (IJH), which saw its value increase by 74.1% from $94,649 to $164,775.

Overall, it appears that Creative Planning made relatively minor adjustments to its portfolio during the transition from Q3 to Q4 of 2022, with no significant changes in terms of major stocks or overall asset allocation. However, the increases in holdings of VEA and SCHX, as well as the impressive gains from stocks such as AVUV, suggest that Creative Planning is continuing to focus on a well-diversified portfolio with a mix of assets across different industries and sectors.

It’s worth noting that the changes made by Creative Planning should not necessarily dictate other investors' choice of investment strategies or the stocks they choose to include in their portfolio. However, by examining Creative Planning’s portfolio changes, investors can learn from one another and take inspiration from the portfolio decisions made by successful investors, like Creative Planning.