Paracle Advisors' Q4 2020 vs. Q1 2021 13F Holdings: Comparing Changes in Fund Shares

Paracle Advisors, LLC recently released its 13F holdings for the fourth quarter of 2020 and the first quarter of 2021. Comparing the two periods, we see some interesting shifts in the fund's holdings. In this blog post, we'll take a closer look at the changes to Paracle Advisors' holdings, and explore what these shifts might mean.

Introduction

First, let's review what 13F filings are. Any institutional investment manager that manages over $100 million in qualifying assets is required to file a 13F with the Securities and Exchange Commission (SEC) within 45 days of the end of each calendar quarter. A 13F lists all of the institution's long positions in publicly traded companies, as well as the number of shares they hold and the value of those shares.

Notably, a 13F only lists an institution's long positions, so any short positions or holdings in private companies won't be reflected. Additionally, the filing only includes information on equity holdings, not fixed income, cash, or other investments.

Now, let's dive into Paracle Advisors' Q4 2020 and Q1 2021 13F filings.

Main Body

Paracle Advisors' top holdings in Q4 2020 were Vanguard Index Funds Vanguard (VO), Vanguard Index Funds (formerly Vanguard Index) (VOO), and Vanguard Bond Index Fund Total Bond Market (BND). However, in Q1 2021, Paracle Advisors' top holdings shifted slightly. The three largest holdings were now IndexIQ TR IQ Hedge Multi-Strategy (QAI), Vanguard Index Funds Vanguard (VO), and Vanguard International Equity Index Funds FTSE Emg Mkts (VWO).

We also see some significant changes in the number of shares held by Paracle Advisors in several funds. For example, Paracle Advisors increased their holdings in WisdomTree US MidCap Dividend (DON) by 8,058 shares, a 1.4% increase from the previous quarter. They also increased their holdings in Vanguard Small Cap Index Funds Vanguard (VB) by 268 shares, a 0.7% increase, and their holdings in Vanguard FTSE All-Wld ex-US SmCp Idx ETF (VSS) by 428 shares, a 1.0% increase.

Conversely, we see that Paracle Advisors decreased their holdings in iShares Core S&P 500 ETF (IVV) by 955 shares, a 31.6% decrease from the previous quarter. They also decreased their holdings in SPDR S&P 500 ETF Trust (SPY) by 67 shares, a 3.1% decrease, and their holdings in iShares Russell 3000 ETF (IWV) by 126 shares, a 6.6% decrease.

It's worth noting that changes in the number of shares held can be influenced by several factors. An institution might decide to buy or sell shares of a fund based on their outlook for that particular sector or market, news events that relate to specific companies or industries, or changes in the macroeconomic environment. However, it's important to remember that a 13F filing only provides a snapshot of an institution's holdings at a specific point in time, and doesn't necessarily reflect their current positions.

Conclusion

In conclusion, Paracle Advisors' Q4 2020 and Q1 2021 13F filings reveal some interesting shifts in their holdings. While the majority of their top holdings remain the same, we see changes in the number of shares held in several funds, as well as some swaps in the top three positions. As with any investment strategy, it's important to remember that these holdings reflect the particular outlook and investment philosophy of Paracle Advisors, and might not be suitable for all investors.

Investors should always conduct their own due diligence and consult with a financial advisor before making any investment decisions. By analyzing Paracle Advisors' 13F filings, we can gain insight into the investment decisions made by one institutional investment manager, but it's not the full picture of their investment strategy.