GenTrust, LLC Q3 2023 vs. Q4 2023 13F Holdings Comparison

The third quarter of 2023 brought about significant changes in the holdings of GenTrust, LLC. A comparison between the third and fourth quarters of 2023 reveals interesting trends and shifts in the assets held by the company. Let's delve into the details of these changes and explore the reasons behind them.

One notable change was in the holdings of VOO (VANGUARD INDEX FDS). In Q3 2023, GenTrust held 576,571 shares of VOO, which decreased to 565,210 shares in Q4 2023. Despite the decrease in the number of shares, the value of the holdings increased from $227,278,000 in Q3 to $246,883,000 in Q4, representing an 8.6% change.

AGG (ISHARES TR) witnessed a remarkable surge in GenTrust's holdings. The number of shares held by the company skyrocketed from 138,376 in Q3 to 1,421,907 in Q4, demonstrating a staggering increase of 984.5%. Similarly, the value of the holdings jumped from $13,012,000 to $141,124,000, reflecting the significant growth in the company's investment in AGG.

Another notable change occurred in the holdings of VGIT (VANGUARD SCOTTSDALE FDS). While GenTrust held 23,857 shares of VGIT in Q3 2023, the number of shares surged to 1,948,397 in Q4 2023, representing an astounding increase of 8,377.1%. The value of the holdings also experienced significant growth, rising from $1,363,000 to $115,578,000.

VPL (VANGUARD INTL EQUITY INDEX F) witnessed a slight decrease in the number of shares held by GenTrust. In Q3, the company held 1,246,280 shares of VPL, which decreased to 1,233,124 shares in Q4. However, the value of the holdings increased from $83,351,000 to $88,821,000, reflecting a 6.6% change.

SPY (SPDR S&P 500 ETF TR) experienced a minimal change in GenTrust's holdings. The number of shares held remained relatively stable, with 162,854 shares in Q3 and 146,451 shares in Q4. Similarly, the value of the holdings remained unchanged at $69,901,000.

VGK (VANGUARD INTL EQUITY INDEX F) witnessed a decrease in GenTrust's holdings. The number of shares held decreased from 1,105,127 in Q3 to 1,075,784 in Q4. However, the value of the holdings increased from $64,020,000 to $69,366,000, indicating an 8.4% change.

IEUR (ISHARES TR) experienced a minor increase in the number of shares held by GenTrust. The holdings rose from 1,214,431 shares in Q3 to 1,116,328 shares in Q4, representing a 1.8% change. The value of the holdings also increased from $60,308,000 to $61,420,000.

VWOB (VANGUARD WHITEHALL FDS) saw a moderate increase in GenTrust's holdings. The number of shares held rose from 795,778 in Q3 to 806,647 in Q4. Similarly, the value of the holdings increased from $47,078,000 to $51,423,000, reflecting a 9.2% change.

IEMG (ISHARES INC) witnessed a slight decrease in GenTrust's holdings. The number of shares held decreased from 1,037,503 in Q3 to 997,530 in Q4. Nevertheless, the value of the holdings increased from $49,374,000 to $50,455,000, indicating a 2.2% change.

VWO (VANGUARD INTL EQUITY INDEX F) experienced a moderate increase in GenTrust's holdings. The number of shares held rose from 1,042,098 in Q3 to 1,055,835 in Q4. Similarly, the value of the holdings increased from $40,860,000 to $43,394,000, reflecting a 6.2% change.

VO (VANGUARD INDEX FDS) saw a significant increase in GenTrust's holdings. The number of shares held spiked from 139,304 in Q3 to 185,311 in Q4, demonstrating a remarkable increase of 48.6%. The value of the holdings also experienced substantial growth, rising from $29,008,000 to $43,110,000.

PAVE (GLOBAL X FDS) witnessed a notable decrease in GenTrust's holdings. The number of shares held decreased from 1,324,546 in Q3 to 1,238,462 in Q4, reflecting a decline of 6.5%. However, the value of the holdings increased from $40,239,000 to $42,870,000, indicating a positive change.

BND (VANGUARD BD INDEX FDS) saw a drastic decrease in GenTrust's holdings. The number of shares held plummeted from 2,307,286 in Q3 to 559,012 in Q4, representing a decline of 74.5%. The value of the holdings also decreased significantly from $161,002,000 to $41,115,000.

These are just a few highlights from the extensive list of holdings that experienced changes in GenTrust's portfolio between the third and fourth quarters of 2023. The data indicates that the company made strategic decisions to adjust its holdings and optimize its investment portfolio.

It's essential to note that the Securities and Exchange Commission (SEC) requires institutional investment managers like GenTrust to file Form 13F, which details their holdings of publicly-traded securities, within 45 days after the end of each calendar quarter. This filing provides transparency and insight into the investment activities of institutional investors.

As the financial landscape evolves, it will be interesting to monitor GenTrust's future holdings and how they adapt to market trends.