How Callan Capital, LLC is Adjusting its Investment Portfolio Across Different Sectors

In the world of investing, knowing when to buy and sell a particular stock or security is crucial. It’s a matter of timing the market and making the right decisions based on data and current trends. This is partly why the Securities and Exchange Commission (SEC) requires institutional investment managers with assets under management (AUM) of at least $100 million to file a 13F form every quarter. The 13F form is a quarterly report of holdings required by the SEC that institutional investment managers, including hedge funds and mutual funds, must file.

One of the institutional investment managers who filed the 13F form is Callan Capital, LLC. This article will discuss how the company's portfolio has changed from Q4 2022 to Q1 2023 based on the information provided in the 13F form.

In Q4 2022, Callan Capital had a total of 73 holdings with a total market value of $525,984,000, while in Q1 2023, it had 74 holdings with a total market value of $544,037,000. Callan Capital's portfolio had an overall increase in market value of 3.4% between Q4 2022 and Q1 2023.

When looking at Callan Capital’s top holdings, the company mostly invested in exchange-traded funds (ETFs) such as Schwab Strategic Trust, Goldman Sachs ETF Trust, and SPDR Index Shares Funds. The top holding in Q4 2022 was in Schwab Strategic Trust at $102,686,000, while in Q1 2023, the top holding remained in the same company at $112,962,000, an increase of 10%. In other words, Callan Capital allocated more of its portfolio to Schwab Strategic Trust.

Schwab Strategic Trust was not the only ETF that Callan Capital increased its holdings in. The company also increased its holdings in other companies such as Goldman Sachs ETF Trust, which had an increase of 5.9%, and Vanguard Municipal Bond Funds, which had an increase of 2.3%. This shows Callan Capital's growing interest in investing in ETFs.

However, Callan Capital did not increase its holdings across all sectors. The company reduced its holdings in some companies such as Innovative Industrial Properties, Inc. which had a decrease of 24.9% and Vanguard Financials ETF, which had a decrease of 9%. The company also closed its position in American Century ETF Trust, AVUV, in Q4 2022 and opened a new position in Q1 2023.

In terms of sectors, Callan Capital had a significant allocation in financials in Q4 2022 with a total value of $163,628,000. However, in Q1 2023, the company reduced its allocation in this sector by 7%, with a total value of $151,328,000. Meanwhile, Callan Capital increased its allocations in healthcare and technology sectors by 18.8% and 28.1%, respectively, in Q1 2023.

Overall, these changes in Callan Capital's portfolio demonstrate the company's willingness to adapt to market trends and its interest in ETFs, healthcare, and technology sectors. This suggests that, according to the current market trends, Callan Capital is pursuing a more diverse portfolio that positions them for growth in various sectors.