Stone House Investment Management, LLC's Q3 and Q4 2022 13F Holdings Comparison Report Highlights Significant Changes in Holdings and Shifting Portfolio Strategy

Stone House Investment Management, LLC has recently released its Q3 and Q4 2022 13F Holdings Comparison report, which details the changes in holdings of the fund over the two quarters. From the report, several trends emerge, including increased holdings in some companies, a decrease in others, and the addition of new positions.

One of the significant increases in holdings was in Procter and Gamble Co. (PG), where the Stone House fund bought 235,626 shares, representing an increase of 18.1% from Q3's 239,506 shares. This move puts PG among the top holdings in the fund, with a Q4 value of $35,711, up from $30,238 in Q3. PG is a consumer goods company that has shown resilience in the face of economic challenges, and its increased holdings suggest that Stone House is confident in the company's continued growth potential.

Another company that saw an increase in holdings is iShares Core US Aggregate Bond ETF (AGG). The fund acquired 90,526 shares of AGG in Q4, up from 87,936 in Q3, representing a 3.6% increase. AGG is a widely diversified fixed income ETF that aims to track the performance of the investment-grade US bond market. The move to increase holdings here suggests that Stone House believes that bonds remain an important part of any well-diversified portfolio in the current economic environment.

On the other hand, Stone House significantly decreased its holdings in iShares Barclays 20+ Year Treasury Bond ETF (TLT), a move that caught the attention of investors. The fund has reduced its holdings from 69,204 shares in Q3 to 22,603 in Q4, representing a 66.9% reduction. TLT is an ETF that tracks the performance of long-term US Treasury bonds, which are often considered a safe haven asset. The large reduction in holdings is noteworthy, and it may suggest that Stone House is not confident about the usefulness of TLT as a hedge against volatility in the current economic environment.

Another interesting observation is the addition of new positions in several ETFs, including iShares 1-3 Year Credit Bond ETF (CSJ) and iShares S&P MidCap 400 ETF (IJH). The fund bought 87,616 shares of CSJ and 30,239 shares of IJH, worth approximately $4,490,000 and $2,861,000, respectively. These moves suggest that Stone House is widening its exposure to the fixed-income and mid-cap sectors, possibly in a bid to diversify and reduce risk while maintaining high potential returns.

In contrast, Stone House decided to exit several positions, such as Goldman Sachs ActiveBeta International Equity ETF (GSIE), Innovator S&P 500 Power Buffer ETF - April (PAPE) and Innovator S&P 500 Power Buffer ETF - September (PSEP). These moves suggest a shift in portfolio strategy that may reflect Stone House's outlook on the performance of these assets.

In conclusion, the Stone House Investment Management, LLC Q3 and Q4 2022 13F Holdings Comparison report shows that the fund has made several changes to its holdings over the two quarters. Some of the moves suggest a shift in strategy towards diversifying its portfolio, while others may reflect the belief that certain assets are not suitable in the current economic environment. While it remains to be seen if these moves pay off, investors will undoubtedly keep a close eye on the fund's next moves to see if there are any opportunities worth exploring.