Understanding Sunesis Advisors, LLC Q4 2022 vs. Q1 2023 13F Holdings Comparison

Investment firms are always looking for the most profitable investment strategies to maximize their returns. One such approach is tracking the trades of institutional investors through the 13F filings. In this article, we will discuss the Q4 2022 vs. Q1 2023 13F holdings comparison of Sunesis Advisors, LLC.

Sunesis Advisors, LLC is a Chicago-based investment firm that mainly focuses on equity securities of the companies with high growth potential. Their investment approach is fundamental and aims to construct portfolios that deliver consistent returns over the long term.

In the Q4 2022 vs. Q1 2023 13F holdings comparison of Sunesis Advisors, LLC, some significant changes have been observed. Let's delve into some of these changes and try to understand their impact on the overall portfolio.

VANGUARD INDEX FDS (VTI)

In the Q1 2023, Sunesis Advisors, LLC reduced their holdings in VANGUARD INDEX FDS (VTI) by 2%. VTI is an Exchange Traded Fund (ETF) that provides exposure to the entire US stock market's equity segment. Despite this reduction, VTI still holds the largest percentage of Sunesis Advisors, LLC's portfolio.

ISHARES TR (AGG)

For Q1 2023, Sunesis Advisors, LLC maintained their holdings in iShares TR (AGG). AGG is an ETF that tracks the investment results of the Bloomberg Barclays U.S. Aggregate Bond Index. Its holdings consist of investment-grade US bonds.

VANGUARD TAX-MANAGED FDS (VEA)

Sunesis Advisors, LLC reduced their holdings in VANGUARD TAX-MANAGED FDS (VEA) by 13% in Q1 2023 in comparison to Q4 2022. VEA is an ETF that provides exposure to the international equity markets, excluding the USA and Canada. Unlike other ETFs, it manages the tax on the foreign equity income.

VANGUARD STAR FDS (VXUS)

In Q1 2023, Sunesis Advisors, LLC increased their holdings in VANGUARD STAR FDS (VXUS) by 7.3% compared to Q4 2022. VXUS is another ETF that provides exposure to the global equity market, excluding the USA. It is valorized in USD currency, providing investors with an added advantage of managing their currency risk.

SPDR SER TR (SPYV)

Sunesis Advisors, LLC reduced their holdings in SPDR SER TR (SPYV) by a significant margin of 72% in Q1 2023 compared to their holdings in Q4 2022. SPYV is an ETF that provides exposure to the US domestic market's "value" securities, i.e., companies that are trading at substantially less than their intrinsic value. The reduction in this ETF indicates Sunesis Advisors, LLC's current preference for investing in other securities.

Conclusion

In conclusion, Sunesis Advisors, LLC's Q4 2022 vs. Q1 2023 13F holdings comparison reveals significant changes to their portfolio. The reduction of holdings in some ETFs shows that Sunesis Advisors, LLC is taking a cautious and selective approach to their investments. In contrast, the increasing holdings in specific securities indicate that Sunesis Advisors, LLC has confidence in these specific markets and companies' future potential. Nonetheless, it's always essential to remember that 13F filings have inherent limitations and some lag with time, so correlation and causation should not be considered interchangeable.