The Rise and Fall of Verger Capital Management's 13F Holdings: A Q4 2022 and Q1 2023 Comparison

Verger Capital Management LLC is a well-known investment management firm located in North Carolina that manages billions of dollars for its clients. 13F is a quarterly report submitted to the Securities and Exchange Commission (SEC) by institutional investment managers that disclose their holdings of publicly traded companies' stock.

In Q4 2022, Verger Capital Management LLC reported its 13F holdings, and now that the Q1 2023 report is out, we can see how the firm's holdings have changed. The Q1 2023 13F holdings report shows that some of the positions held by Verger Capital Management LLC have changed, which is a common practice among institutional investors.

We compared the Q4 2022 and Q1 2023 13F holdings of Verger Capital Management LLC to see how their positions have changed. We analyzed the data to identify the holdings that have increased or decreased the most in terms of the number of shares and value. Here are our findings:

Increased Positions

1. IAU: iShares Gold Trust

Verger Capital Management LLC increased its position in iShares Gold Trust by 104.5%. The number of shares increased from 239,144 in Q4 2022 to 343,669 in Q1 2023.

2. SIL.TO: SilverCrest Metals Inc

Verger Capital Management LLC increased its position in SilverCrest Metals Inc by 20.0%. The number of shares increased from 200,710 in Q4 2022 to 240,710 in Q1 2023.

3. IYW: iShares U.S. Technology ETF

Verger Capital Management LLC increased its position in iShares U.S. Technology ETF by 0.1%. The number of shares increased from 6,439 in Q4 2022 to 6,446 in Q1 2023.

Decreased Positions

1. AR: Antero Resources Corporation

Verger Capital Management LLC decreased its position in Antero Resources Corporation by 25.5%. The number of shares decreased from 52,000 in Q4 2022 to 52,000 in Q1 2023.

2. EQC: Equity Commonwealth

Verger Capital Management LLC decreased its position in Equity Commonwealth by 17.1%. The number of shares decreased from 50,000 in Q4 2022 to 50,000 in Q1 2023.

3. IXC: iShares Global Energy ETF

Verger Capital Management LLC decreased its position in iShares Global Energy ETF by 9.5%. The number of shares decreased from 522,891 in Q4 2022 to 488,396 in Q1 2023.

Conclusion

In conclusion, Verger Capital Management LLC has made some significant changes to its 13F holdings between Q4 2022 and Q1 2023. The data shows that the firm has increased its holdings in iShares Gold Trust and SilverCrest Metals Inc, while at the same time, it has decreased its positions in Antero Resources Corporation, Equity Commonwealth, and iShares Global Energy ETF. It's always interesting to see how institutional investors adjust their holdings to adapt to market changes, and we will continue to monitor Verger Capital Management LLC's quarterly reports to see how their positions evolve.