Boston Standard Wealth Management, LLC Q4 2022 vs. Q1 2023 13F Holdings Comparison

Boston Standard Wealth Management, LLC is a registered financial advisory firm that assists clients with investment strategies tailored to their specific needs and goals. As part of their due diligence process, the firm files Form 13F with the SEC to disclose their holdings of publicly traded securities. In this article, we will analyze and compare the changes in Boston Standard Wealth Management, LLC's 13F holdings between Q4 2022 and Q1 2023, based on the data provided.

Vanguard Funds Dominate the Portfolio

In the Q4 2022 holdings, Vanguard Index Funds accounted for the lion's share of Boston Standard Wealth Management, LLC's portfolio. The VTI fund, in particular, had the largest number of shares held by the firm at 605,920, followed by BND with 527,022 shares. SPDR Index Shares FDS' SPDW was also significantly represented in the portfolio with 944,220 shares. All three funds continued to remain the top three holdings for the company in Q1 2023, but there were some interesting changes.

A Dip in Holdings

Overall, there was a dip in the number of shares held by the firm as the total shares came down from 4,188,716 in Q4 2022 to 4,121,699 in Q1 2023. However, the total value of the holdings increased from $228,826,000 to $236,114,000, indicating a positive shift in the performance of the securities held by the company.

Most funds registered a decrease in the number of shares held, with SPTS, VTIP, and VSGX showing the most significant declines at -1.4%, -1.5%, and -8.4%, respectively. The biggest drop in value was registered by Ginkgo Bioworks Holdings Inc. (DNA), whose value dropped by 21.3%. However, the company decided to hold onto it, with the number of shares remaining the same at 606,634.

Winners and Losers

Among the funds that saw an increase in holdings, Apple Inc. (AAPL) emerged as the biggest winner with a 26.4% increase in the number of shares held, followed by ABRDN ETFs' BCI, which saw an increase of 5.8%. Microsoft Corp. (MSFT) and Ishares TR's DSI also saw an increase of 18.8% and 14.3%, respectively.

The biggest increase in value was registered by SPDR Ser TR's BIL, which increased by a whopping 116.3%. In contrast, NUSHARES ETF TR's NUBD took the biggest hit, with its value decreasing by 13.2%.

Conclusion

The Q4 2022 vs. Q1 2023 13F holdings comparison indicates that Boston Standard Wealth Management, LLC is a long-term investor, preferring to hold onto most of its securities despite some of them registering significant drops in value. Apple Inc. emerged as the biggest winner, while some funds saw a significant decline in their holdings and value. Nonetheless, the total value of the portfolio increased, indicating the firm's astute investment decisions.