Private Ocean, LLC Q1 2023 vs. Q2 2023 13F Holdings Comparison

Private Ocean, LLC, a prominent investment firm, recently released its 13F holdings data for the first quarter of 2023 compared to the second quarter of 2023. The report highlights the changes in holdings of various funds during this period. Let's take a closer look at the significant shifts and their potential impact on the market.

Dimensional U.S. Core Equity 2 ETF:

One of the major changes in Private Ocean's holdings was observed in the Dimensional U.S. Core Equity 2 ETF. The number of shares held by Private Ocean increased from 5,074,133 in Q1 2023 to 5,640,457 in Q2 2023. This represents a rise of 18.4%. The value of the shares also saw a substantial increase, from $129,288,000 to $153,138,000.

SPDR Blmbg Barclays High Yield Bd ETF:

On the other hand, there was a slight decline in the holdings of the SPDR Blmbg Barclays High Yield Bd ETF. Private Ocean reported a decrease in the number of shares from 687,885 in Q1 2023 to 625,307 in Q2 2023, reflecting a 9.9% drop. The value of these shares also declined from $63,849,000 to $57,546,000.

Vanguard Short-Term Corporate Bond ETF:

Private Ocean witnessed a significant decrease in the holdings of the Vanguard Short-Term Corporate Bond ETF. The number of shares held by them decreased from 895,983 in Q1 2023 to 743,870 in Q2 2023, marking a decrease of 17.6%. The value of these shares also declined from $68,300,000 to $56,281,000.

iShares Total US Bond ETF:

In contrast, Private Ocean experienced a significant increase in the number of shares held for the iShares Total US Bond ETF. The number of shares surged from 190,540 in Q1 2023 to 857,270 in Q2 2023, reflecting an astonishing increase of 343.3%. The value of these shares skyrocketed from $8,793,000 to $38,980,000.

SPDR Nuveen S&P High Yield Municipal Bond:

Another noteworthy change in Private Ocean's holdings was observed in the SPDR Nuveen S&P High Yield Municipal Bond ETF. The number of shares held by Private Ocean decreased from 1,979,163 in Q1 2023 to 1,473,806 in Q2 2023, reflecting a decrease of 25.6%. Additionally, the value of these shares also dropped from $49,558,000 to $36,859,000.

These are just a few examples of the changes in holdings tracked by Private Ocean. The data reveals a mix of increases and decreases in various funds' holdings. It is important to note that these changes can have an impact on the overall market performance. Investors and market analysts closely analyze these reports to gain insights into investment trends and potential opportunities.

Disclaimer: The information provided in this article is solely for informational purposes and does not constitute financial advice. It is always recommended to consult with a professional financial advisor before making any investment decisions.

Investors and professionals in the finance industry often rely on 13F filings to understand institutional investors' holdings and changes in their portfolios. These filings are submitted by institutional investors to the Securities and Exchange Commission (SEC) and provide valuable insights into the investment strategies of these entities.