How Deane Retirement Strategies, Inc. Adjusted Their Holdings: A Q4 2022 vs. Q1 2023 Comparison

Investors who want to make the most out of their assets need to keep track of the latest changes in the investment landscape. Portfolio managers and hedge funds, for instance, are always on the lookout for new opportunities and adjusting their investments as needed. One way to see how an investment firm maneuvers its holdings is by comparing their quarterly 13F filings. In this post, we'll take a closer look at Deane Retirement Strategies, Inc.'s 13F holdings comparison between Q4 2022 and Q1 2023.

A Quick Overview of Deane Retirement Strategies, Inc.

Deane Retirement Strategies, Inc. is an investment advisory firm that offers services to individual and institutional clients. The firm manages approximately $980 million in assets as of December 2021, according to their SEC Form ADV. Deane Retirement Strategies' investment approach is value-oriented, focusing on undervalued and/or misunderstood stocks in the market.

Deane Retirement Strategies, Inc.'s 13F Holdings Comparison

For those unfamiliar, Form 13F is a quarterly report filed by all institutional investment managers with over $100 million in assets under management. It discloses the institution's positions in publicly traded securities at the end of the quarter. In this comparison, we'll take a look at the top 30 positions of Deane Retirement Strategies, Inc. as of December 31, 2022 (Q4 2022) and March 31, 2023 (Q1 2023).

Biggest Position Changes

Several positions saw significant changes in holdings between December 2022 and March 2023. The information below outlines the top five changes in percentage terms:

SPDR Bloomberg 1-3 Month T-Bill ETF (BIL): Deane Retirement Strategies, Inc. significantly decreased its position in BIL, going from 244,964 shares in Q4 2022 to 182,443 shares in Q1 2023, representing a 25.2% decline. This ETF seeks to provide investors with exposure to short-term U.S. Treasury bills.

ProShares Short S&P 500 (SH): The short S&P500 ETF is Deane Retirement Strategies' largest holding in Q1 2023, accounting for 26.2% of their portfolio. The firm increased its position in SH from 230 shares in Q4 2022 to 348,920 shares in Q1 2023, representing a staggering 141,852.8% increase.

Health Care Select Sector SPDR Fund (XLV): XLV is another ETF that saw a significant increase in holdings from Deane Retirement Strategies, Inc. The firm added 42,840 shares and took XLV's total position to 71,434 (a 137.9% increase).

Schlumberger Ltd Com Stk (SLB): The energy company's position was cut by 7.7%, from 75,652 shares in Q4 2022 to 76,045 shares in Q1 2023.

Vanguard Short-Term Inflation-Protected Securities ETF (VTIP): VTIP is an ETF that seeks to protect investors from rising inflation by investing primarily in U.S. Treasury Inflation-Protected Securities (TIPS) with remaining maturities of less than five years. Deane Retirement Strategies increased its position in VTIP by 3.9%, adding 7,262 shares in Q1 2023, taking their total to 488,322 shares.

New Positions

In Q1 2023, Deane Retirement Strategies, Inc. established two new positions:

Cloudflare Inc Cl A Com (NET): Cloudflare is a leading provider of content delivery network services that enables businesses to enhance their security, performance, reliability, and availability. Deane Retirement Strategies initiated a position in the firm with 38 shares.

Arista Networks Inc Com (ANET): Arista Networks develops cloud networking solutions that deliver performance, scalability, and security. The hedge fund established a position with 16 shares.

Conclusion

Deane Retirement Strategies, Inc. has made significant changes to its portfolio between Q4 2022 and Q1 2023. The firm decreased its position in several ETFs, including BIL and SLB, while increasing holdings of the short S&P500 ETF and adding two new positions. It's worth noting that these are just the top 30 positions of the portfolio, and the firm might have made more changes in their other holdings.

Investors who follow Deane Retirement Strategies, Inc. may want to consider these changes in their investment decision-making process. Still, it's essential to remember that past performance doesn't guarantee future returns, and one should conduct thorough research before making any decisions.