Investing in Q4 2022: A Look at Modera Wealth Management's 13F Holdings

Modera Wealth Management, LLC is a registered investment advisor that oversees $3.6 billion in assets under its management. As a professional investment management firm, Modera is well-respected in the financial industry, offering personalized investment solutions to its clients. In this article, we will take a closer look at Modera's 13F holdings for Q3 2022 compared to Q4 2022 to identify trends in their investments.

Vanguard Stocks Continues to Dominate

Modera has a significant interest in Vanguard Index Funds, with VTV, VUG, and VBR being some of the most notable funds with increased shares in Q4 2022. This is not surprising as Vanguard is the world's largest mutual fund manager, with a reputation for offering low-cost funds that provide broad exposure. As of Q4 2022, Modera's holdings in VTV increased by 23.3% from Q3 2022, with Q4 2022 values at $173,756 (in $000s). Modera's interest in Vanguard index funds demonstrates a preference for passive investing, where investment decisions are based on long-term gains of the overall market rather than short-term fluctuations.

Dimensional ETF Trust Funds

Modera's interest in Dimensional ETF Trust funds has seen a significant increase, with DFAC and DFUV seeing the most notable increment of 188.1% and 34.8%, respectively. Modera's investment in Dimensional Fund Advisors (DFA) could indicate that it is confident in the fund managers' strategic decisions. DFA utilizes a unique methodology that emphasizes factors such as company size, profitability, and investment style when designing its portfolios. The high returns that Modera has seen in its investment in DFA funds demonstrate the effectiveness of this investment approach.

iShares TR Funds

Modera also has holdings in iShares TR funds, with IEMG, EFV, and SCZ showing notable increments in shares for Q4 2022. IEMG saw a 24.3% increase in shares, with Q4 2022 values at $68,019 (in $000s). This demonstrates Modera's confidence in investing in emerging markets, which have seen exponential growth in the past few years. Meanwhile, SCZ and EFV saw a 32.2% and 40.4% increment, respectively, indicating that Modera has a keen interest in international markets for investing.

Tech Stocks Take a Hit

Modera's holdings in Apple, Microsoft, and Amazon decreased by -10.1%, -2.2%, and -25.2%, respectively. These tech giants have been the darlings of Wall Street for the past few years, but this appears to have waned in recent months. While it may seem like an alarming trend, it is worth noting that these giants are still considered blue-chip stocks with strong fundamentals. It is possible that Modera is simply taking a more cautious stance on these stocks due to increased volatility.

Conclusion

Overall, Modera Wealth Management's Q3 2022 compared to Q4 2022 13F holdings demonstrate its interest in passive investment and a preference for investing in global stocks. Its interest in Dimensional ETF Trust funds demonstrates trust in the fund managers, while its decrease in tech stocks holdings suggests a more cautious outlook. It is important to note, however, that this data represents only one aspect of Modera's larger investment strategy. It is also worth seeking additional information and conducting thorough research before making any significant investment decisions.