The Evolution of Heritage Way Advisors' 13F Holdings: Q3 2021 vs. Q4 2021

Heritage Way Advisors, LLC is a registered investment advisory firm based in Tampa Bay, Florida. The firm recently released its 13F filings for Q3 2021 and Q4 2021. The 13F filings show the firm's holdings in publicly traded companies as of September 30, 2021, and December 31, 2021, respectively.

As an investor, it's essential to understand the changes that have taken place in a fund's holdings. In this blog post, we'll take a closer look at Heritage Way Advisors' Q3 2021 vs. Q4 2021 13F Holdings Comparison.

Introduction

Heritage Way Advisors' 13F filings show that the firm had a total of 58 securities in its portfolio as of September 30, 2021, with a total value of $208,033,000. By December 31, 2021, the firm's portfolio had increased to 59 securities, with a total value of $214,379,000.

Main Body

The largest holding in Heritage Way Advisors' portfolio during both Q3 2021 and Q4 2021 was the iShares Core S&P 500 ETF (IVV). The firm increased its holdings of the ETF from 112,178 shares in Q3 2021 to 117,250 shares in Q4 2021, a change of 4.5%. The ETF's value in the portfolio increased from $48,329,000 to $55,927,000, a change of 15.7%.

Another significant holding in Heritage Way Advisors' portfolio was the Vanguard FTSE Developed Markets ETF (VEA). The firm increased its holdings of the ETF from 266,674 shares in Q3 2021 to 305,356 shares in Q4 2021, a change of 14.5%. The ETF's value in the portfolio increased from $13,464,000 to $15,591,000, a change of 15.8%.

The firm's holdings in Microsoft Corp (MSFT) decreased from 23,712 shares in Q3 2021 to 21,333 shares in Q4 2021, a change of -10.0%. The value of the holding decreased from $6,685,000 to $7,175,000, a change of 7.3%.

Heritage Way Advisors' holdings in T. Rowe Price Group Inc (TROW) also decreased from 24,931 shares in Q3 2021 to 24,696 shares in Q4 2021, a change of -0.9%. The value of the holding decreased from $4,904,000 to $4,856,000, a change of -1%.

Conclusion

In conclusion, Heritage Way Advisors made several changes to its 13F holdings between Q3 2021 and Q4 2021. The firm increased its holdings in some securities, while decreasing its holdings in others. Investors should keep an eye on these changes to determine whether they align with their investment goals and strategies. It's important to note that the 13F filings only provide a snapshot of a fund's holdings and do not represent the entire investment strategy.