FC Advisory LLC Q4 2022 13F Filing Reveals Noteworthy Changes to Portfolio Holdings

FC Advisory LLC Q3 2022 vs. Q4 2022 13F Holdings Comparison

For the uninitiated, a 13F filing is a report that institutional investment managers must file with the Securities and Exchange Commission (SEC). The filing discloses the manager's holdings of publicly-traded securities, showing what changes they made to their portfolio compared to the prior quarter. FC Advisory LLC recently filed their Q3 2022 vs. Q4 2022 13F holdings comparison and the results are quite noteworthy.

FC Advisory LLC’s portfolio saw several changes to its holdings in the last quarter of 2022. The most significant change was the addition of 2,996,316 shares of VEU, the Vanguard International Equity Index F. The fund went from holding 367,377 shares to 368,422, which represents a 13.4% increase in value, from $16,297,000 to $18,472,000.

The second biggest change to FC Advisory LLC's portfolio was the addition of 2,588,400 shares of DGRO, the iShares TR. The fund went from holding 175,321 shares to 175,410, which represents a 12.5% increase in value, from $7,797,000 to $8,770,000.

In third place was the addition of 2,278,301 shares of VXUS, the Vanguard International Equity Index F. The fund went from holding 14,788 shares to 13,905, which represents a 0.4% increase in value, from $540,000 to $542,000.

In the fourth position, FC Advisory LLC reduced its holdings of AGG, the iShares TR, by 6,571 shares, from 125,124 shares to 118,553. This represents a 4.6% decrease in value, from $12,054,000 to $11,498,000.

Other notable changes include the addition of 1,196,645 shares of USHY, the iShares TR, which represents a 3,780.4% increase in value, from $204,000 to $7,916,000. FC Advisory LLC added 1,054,079 shares of IUSB, the iShares TR, which represents a 104.3% increase in value, from $1,023,000 to $2,089,000. Lastly, the addition of 961,320 shares of SCHH, the Schwab Strategic TR, represents a 39.1% increase in value, from $900,000 to $1,252,000.

In terms of sectors, FC Advisory LLC added the most to the financials, healthcare and technology sectors, while reducing exposure to real estate, consumer discretionary and utilities. The fund added over $18 million to Vanguard World FD (MGK), Vanguard Intl Equity Index F (VEU), and Vanguard Index Fds (VXF), while losing over $4 million from iShares TR (AGG) alone.

Overall, FC Advisory LLC's Q4 2022 13F filing shows a mix of bullish and bearish activity. The fund bought heavily into certain sectors, while reducing exposure to others. These moves suggest that the investment managers at FC Advisory LLC are making calculated moves to position their portfolio for current market conditions.