Baystate Wealth Management LLC Q4 2022 vs. Q1 2023 13F Holdings Comparison

As investment trends shift and market volatility persists, it's important to keep a close eye on 13F filings - the quarterly report that details the holdings of institutional investment managers with at least $100 million in assets. In this edition, we take a closer look at the Q4 2022 vs. Q1 2023 13F holdings of Baystate Wealth Management LLC.

While there were some notable changes in the Massachusetts-based firm's portfolio, overall it seems as though they are sticking with their long-term investment strategy. Here are some of the key takeaways from Baystate Wealth Management's Q4 2022 vs. Q1 2023 13F holdings comparison:

Top Purchases:

- The firm increased its stake in iShares Russell Top 200 Growth ETF (IWY) by 19%, reflecting their continued faith in growth stocks.

- Baystate Wealth Management also added to its holdings in the SPDR S&P World ex-US ETF (SPDW), a diversified fund that invests in companies outside of the United States.

- The firm also made significant purchases in the iShares MSCI USA Quality Factor ETF (QUAL), adding 29.2% to their position.

Top Sales:

- In what could be a reflection of concerns over rising interest rates, the firm reduced its holdings in the Vanguard Total Bond Market ETF (BND) by 2.1%.

- Baystate Wealth Management also shed shares of the SPDR Index Shares Fund S&P International Small Cap ETF (GWX), reducing its position by 49.9%.

Holdings Increased:

- Baystate Wealth Management increased its position in several other funds, including the iShares S&P 500 Index (IVV), the iShares Core MSCI EAFE ETF (IEFA), and the Vanguard Value ETF (VTV).

Holdings Decreased:

- The firm decreased its stake in the Vanguard S&P Small-Cap 600 ETF (VIOO) by 7.8%.

- Other holdings that saw a reduction in shares include the iShares MSCI Emerging Markets ETF (EEM), the iShares MSCI EAFE Small Cap ETF (SCZ), and the WisdomTree U.S. Midcap Dividend Fund (DON).

No Change:

- There were no changes to the firm's position in Apple Inc. (AAPL) and Microsoft Corporation (MSFT), two of the biggest companies in the world.

While there were some shifts in Baystate Wealth Management's portfolio, it's important to note that the updates were not drastic. The firm appears to be focused on long-term investments and diversified holdings, while also keeping an eye on potential risks such as rising interest rates and market volatility. As always, it's wise for investors to do their due diligence and consult with financial advisors before making any significant investment decisions.