Analyzing Lenox Wealth Advisors' Q4 2021 vs. Q1 2022 13F Holdings: Dramatic Changes in Fund Strategy?

Lenox Wealth Advisors LLC is an independent investment advisory firm based in Cincinnati, Ohio. The firm's investment strategies are designed to meet the needs of high-net-worth individuals and family offices. Every quarter, Lenox files its 13F form with the Securities and Exchange Commission (SEC), which discloses the company's holdings in publicly traded U.S. equity securities. In this blog post, we will analyze Lenox's Q4 2021 and Q1 2022 13F filings and summarize the major changes in the company's holdings.

In the Q4 2021 vs. Q1 2022 comparison, Lenox made some significant changes in its holdings, with some positions going up and others going down drastically. For instance, the company reduced its holdings of SPDR S&P 500 ETF (SPY) by 9.4%, while its holdings of Ishares MSCI Global Min Vol Fct ETF (ACWV) increased by 0%. Lenox also reduced its holdings of Vanguard Total World Stock ETF (VT) by 9.7%, while its holdings of Flexshares Intl Qty Div Index ETF (IQDF) increased by 4.1%.

Among the top holdings, Lenox reduced its stake in SPDR S&P Midcap 400 ETF (MDY) by 15.4%, while its holdings in Chevron Corp (CVX) increased by 89%. Lenox also increased its holdings of UnitedHealth Group Inc (UNH) by 6.4% and Applied Materials Inc (AMAT) by 11.5%. In contrast, the company reduced its holdings in Walmart Inc (WMT) by 8.2% and Home Depot Inc (HD) by 17.6%.

Interestingly, Lenox increased its holdings in Meta Platforms Inc (META) by 47.7%, which is a new position for the company. META is a social media company that focuses on privacy, security, and personalized experiences. The company operates such platforms as Facebook, Instagram, and WhatsApp.

Overall, Lenox made some dramatic changes in its holdings from Q4 2021 to Q1 2022. These changes suggest that the company has changed its investment strategy or shifted its focus to different sectors or asset classes. However, it should be noted that 13F filings only disclose long positions and do not include short positions or other assets, such as cash or bonds. Therefore, readers should not base their investment decisions solely on the information disclosed in the 13F filings.