Stordahl Capital Management, Inc. Q2 2023 vs. Q3 2023 13F Holdings Comparison

Stordahl Capital Management, Inc., a well-known investment management firm, recently released its 13F filing for the second and third quarters of 2023. The filing provides insights into the changes in holdings for various funds managed by the company. In this article, we will analyze the key highlights from the filing and discuss the implications for the investment landscape.

Vanguard Funds Show Slight Decline in Holdings

One of the major highlights from the Stordahl Capital Management 13F filing is the decline in holdings for Vanguard funds. Vanguard Index Funds (VOO) and Vanguard Admiral Funds (VOOV) both witnessed a decrease in their shares and value. This decline can be attributed to market fluctuations and strategy adjustments made by the fund managers. However, the percentage change was relatively small at -5.9%, indicating stability within Vanguard's portfolio.

Dimensional ETF Trust Holds Steady

The filing also reveals that the holdings of Dimensional ETF Trust (DFAS) remained relatively stable, with a slight increase in shares and value. This suggests that Stordahl Capital Management has confidence in the performance and potential of these funds. The relatively smaller increase of 2.5% signifies a cautious approach by the firm while maintaining a positive outlook on the ETFs offered by Dimensional.

iShares and Schwab Funds Experience Minor Fluctuations

The 13F filing demonstrates minor fluctuations in the holdings of iShares and Schwab funds. iShares TR (STIP) and iShares TR (DFEM) witnessed a modest increase in both shares and value, indicating the company's reassurance in the performance of these funds. On the other hand, Schwab Strategic TR (SCHX) observed a slight decline in holdings, reflecting a careful reevaluation of the fund's potential.

Technology Stocks Dive

The filing highlights a significant decline in holdings for several technology stocks. Microsoft Corp (MSFT), Apple Inc (AAPL), Amazon.com Inc (AMZN), and Alphabet Inc (GOOG) experienced decreased shares and value. This decrease could be attributed to profit-taking or a shift in the overall strategy of Stordahl Capital Management. However, it is essential to note that these tech giants remain prominent players in the market, and their decline in holdings could be a temporary adjustment rather than a long-term trend.

Emerging Markets Show Resilience

Despite the minor fluctuations witnessed in other sectors, the emerging markets seem to have performed well during this period. Vanguard Admiral Funds (VIOO), Vanguard Scottsdale Funds (VTWO), and iShares TR (EEM) all experienced a slight decrease in shares but maintained consistent or increased value. This suggests that Stordahl Capital Management sees value and potential in emerging market investments, despite short-term market volatility.

Conclusion

The 13F filing from Stordahl Capital Management, Inc. provides an insightful snapshot of the changes in holdings for various funds managed by the firm. While some funds experienced slight declines, overall, the holdings remained relatively stable. The filing highlights the cautious approach taken by Stordahl Capital Management during this period of market volatility. It also demonstrates the firm's continued confidence in certain sectors, such as emerging markets, while making strategic adjustments in others. Investors should consider these changes as part of a larger investment strategy and consult with a financial professional for personalized advice.