Stephens Group Asset Management's Q4 2022 vs. Q1 2023: A Look at the Fund's 13F Holdings

The holdings of a mutual fund is a critical parameter that both investors and managers keep track of constantly. Stephens Group Asset Management, LLC is one such fund that recently reported the changes in its holdings between Q4 2022 and Q1 2023. In this blog post, we will explore the fund's 13F holdings in detail and analyze the changes that may have occurred.

Introduction

Stephens Group Asset Management, LLC is a registered investment adviser that provides various investment advisory services to its clients. Its primary strategy is to focus on stocks with a reasonable valuation, solid fundamentals, and growth potential. Facing increasing competition from other mutual funds, Stephens Group Asset Management has recently released its 13F holdings for Q4 2022 and Q1 2023. Let's take a closer look at the data.

Main Body

The table lists the 13F holdings of Stephens Group Asset Management for the two quarters, including the issuer name, option type, the number of shares, value amounts, and the percentage change. The fund invested in various Vanguard Index Funds, iShares, and SPDRs, such as VUG, VTV, VOT, IWS, VBR, and many more.

The holdings for VUG, a Vanguard growth ETF, increased by 17.3% between the periods, where the value amounted to $87,330,000 in Q4 2022 and $102,414,000 in Q1 2023. This increase implies that the fund believes that growth and technology stocks will continue to perform well in the future in line with recent trends.

In contrast to VUG, the value of VTV, another Vanguard ETF that focuses on value stocks, decreased by 1% between Q4 2022 and Q1 2023. This reduction implies less confidence in value stocks during this period, likely due to the recent market volatility.

The number of shares for VCIT, a Vanguard intermediate-term corporate bond ETF, reduced to zero, accompanied by the liquidation of $204,000 in shares in Q1 2023. This move indicates that Stephens Group Asset Management might be looking for other opportunities in the market that will provide a more favorable return in the coming months.

Another interesting change from Q4 2022 to Q1 2023 was a decrease in the holdings of Blackstone Mortgage Trust Inc. (BXMT) by 15.7%. This cut could be a strategic move by the fund manager to reduce risk amid rising interest rates.

Conclusion

In conclusion, Stephens Group Asset Management's Q4 2022 vs. Q1 2023 13F holdings comparison provides a glimpse into the fund's investment strategy. By analyzing the trends, one can infer that the fund might be looking for growth opportunities in the technology sector while reducing exposure to value stocks. However, it's essential to keep in mind that past performance doesn't guarantee future results, and market trends are continually changing. As always, investors should consult with an investment advisor before making any investment decisions.