Smith & Howard Wealth Management's 13F Holdings: Q4 2022 vs. Q1 2023

As an investor, it is essential to keep an eye on the holdings of investment firms. One such investment firm is Smith & Howard Wealth Management, LLC. In this blog post, we will analyze and compare their 13F holdings for Q4 2022 and Q1 2023.

Firstly, let's take a look at the top five holdings of Smith & Howard Wealth Management. In Q4 2022, their top five holdings were VTI, AGG, IEFA, MUB, and VEA. However, in Q1 2023, their top five holdings were VTI, AGG, MUB, IEFA, and VEI. As we can see, there has been a minor reshuffle of their top five holdings, with VEA being replaced by VEI.

Moving on, we look at the changes in holdings. In terms of shares, the biggest percentage change was in SPY – from 1409 shares in Q4 2022 to 12059 shares in Q1 2023, a whopping 816.2% increase. However, we need to keep in mind that this increase in shares is due to the fact that there were no SPY call option holdings in Q4 2022, but there were 117 SPY call option holdings in Q1 2023. The largest percentage decrease in shares was in VTIP – from 14134 shares in Q4 2022 to 6252 shares in Q1 2023, a significant decrease of 54.7%.

In terms of value, the biggest percentage change was in SPY – from a value of $538,000 in Q4 2022 to $4,936,000 in Q1 2023, an increase of 816.2%. Again, we need to keep in mind that this increase in value is due to the fact that there were no SPY call option holdings in Q4 2022, but there were 117 SPY call option holdings in Q1 2023. The largest percentage decrease in value was in VTIP – from a value of $660,000 in Q4 2022 to $298,000 in Q1 2023, a decrease of 54.7%.

So, what can we learn from these changes in holdings? Firstly, we can see that Smith & Howard Wealth Management made some significant changes to their holdings, such as the increase in SPY call option holdings. Secondly, we can see that they have made some minor reshuffles in their top holdings. Lastly, we can see that they made a few reductions in some of their holdings, such as VTIP.

In conclusion, analyzing and comparing the 13F holdings of investment firms is an essential way to understand their investment strategies. Smith & Howard Wealth Management's Q4 2022 vs. Q1 2023 13F holdings comparison shows that they have made significant, minor, and reductional changes to their holdings. As an investor, it is important to keep track of such changes to make informed investment decisions.