FC Advisory LLC's Q4 2022 13F: 6 new positions, 3 exits
Form 13F-HR for the quarter ended Dec 31, 2022 · filed Jan 10, 2023 · 85 reported positions · accession 0001683754-23-000001
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Increased | ISHARES TR (USHY) | 0.1% | 3.7% | +3.6 pts | +223K sh | +3676% |
| Exited | ISHARES TR (HYG) | 3.3% | — | −3.3 pts | −91,523 sh | −100% |
| Increased | ISHARES TR (IUSB) | 0.5% | 1.0% | +0.5 pts | +23,515 sh | +102% |
| Increased | VANGUARD TAX-MANAGED FDS (VEA) | 0.9% | 1.3% | +0.4 pts | +19,055 sh | +39% |
| Exited | SPDR SER TR (JNK) | 0.4% | — | −0.4 pts | −8,279 sh | −100% |
| Increased | SPDR SER TR (SHM) | 0.4% | 0.7% | +0.3 pts | +14,834 sh | +79% |
| Reduced | ISHARES TR (SUB) | 0.7% | 0.4% | −0.3 pts | −6,248 sh | −44% |
| Reduced | ISHARES TR (AGG) | 6.1% | 5.4% | −0.7 pts | −6,571 sh | −5% |
| Reduced | ISHARES TR (IDEV) | 0.5% | 0.3% | −0.2 pts | −9,938 sh | −45% |
| New | VANGUARD MALVERN FDS (VTIP) | — | 0.3% | +0.3 pts | +11,533 sh | new |
| Increased | VANGUARD BD INDEX FDS (BSV) | 1.1% | 1.3% | +0.2 pts | +6,231 sh | +21% |
| Increased | VANGUARD WORLD FD (MGK) | 9.9% | 9.3% | −0.6 pts | +2,677 sh | +2% |
| New | ISHARES TR (IUSG) | — | 0.2% | +0.2 pts | +5,518 sh | new |
| Increased | ISHARES TR (IXUS) | 2.2% | 2.6% | +0.3 pts | +7,284 sh | +8% |
| Reduced | SPDR INDEX SHS FDS (RWO) | 0.4% | 0.2% | −0.2 pts | −9,215 sh | −43% |
| Increased | INVESCO EXCH TRADED FD TR II (BKLN) | 0.5% | 0.6% | +0.1 pts | +17,568 sh | +36% |
| Exited | ISHARES TR (SHY) | 0.2% | — | −0.2 pts | −4,010 sh | −100% |
| Reduced | ISHARES TR (GVI) | 0.4% | 0.2% | −0.2 pts | −3,369 sh | −49% |
| Reduced | VANGUARD INDEX FDS (VUG) | 4.4% | 4.0% | −0.5 pts | −1,590 sh | −4% |
| Increased | SCHWAB STRATEGIC TR (SCHH) | 0.5% | 0.6% | +0.1 pts | +16,741 sh | +35% |
| New | VANGUARD SCOTTSDALE FDS (VGSH) | — | 0.1% | +0.1 pts | +5,342 sh | new |
| Increased | ISHARES TR (IAGG) | 0.9% | 1.0% | +0.1 pts | +6,299 sh | +17% |
| New | SCHWAB STRATEGIC TR (SCHX) | — | 0.1% | +0.1 pts | +6,218 sh | new |
| Increased | ISHARES TR (MUB) | 0.5% | 0.6% | +0.1 pts | +2,654 sh | +28% |
| Increased | VANGUARD INDEX FDS (VXF) | 7.9% | 7.8% | −0.1 pts | +1,999 sh | +2% |
| Increased | SPDR SER TR (SPYG) | 0.2% | 0.3% | +0.1 pts | +4,495 sh | +65% |
| New | INVESCO EXCH TRD SLF IDX FD (BSCN) | — | 0.1% | +0.1 pts | +10,701 sh | new |
| Increased | VANGUARD SPECIALIZED FUNDS (VIG) | 0.7% | 0.8% | +0.1 pts | +1,450 sh | +14% |
| Increased | VANGUARD INDEX FDS (VOE) | 0.2% | 0.3% | +0.1 pts | +1,614 sh | +64% |
| Reduced | VANGUARD MUN BD FDS (VTEB) | 0.5% | 0.3% | −0.1 pts | −4,180 sh | −23% |
| Reduced | VANGUARD INDEX FDS (VV) | 0.6% | 0.5% | −0.1 pts | −1,170 sh | −17% |
| New | VANGUARD INDEX FDS (VO) | — | 0.1% | +0.1 pts | +988 sh | new |
| Reduced | SCHWAB STRATEGIC TR (SCHP) | 3.2% | 2.9% | −0.3 pts | −3,617 sh | −3% |
| Increased | SCHWAB STRATEGIC TR (SCHG) | 0.5% | 0.6% | 0.0 pts | +3,327 sh | +17% |
| Increased | VANGUARD INTL EQUITY INDEX F (VNQI) | 0.1% | 0.2% | +0.1 pts | +4,211 sh | +79% |
| Reduced | ISHARES TR (SLQD) | 0.2% | 0.1% | −0.1 pts | −3,484 sh | −35% |
| Increased | ISHARES TR (IJT) | 0.2% | 0.3% | +0.1 pts | +1,524 sh | +40% |
| Increased | VANGUARD INDEX FDS (VBK) | 3.5% | 3.5% | −0.1 pts | +802 sh | +2% |
| Increased | VANGUARD SCOTTSDALE FDS (VCSH) | 0.3% | 0.4% | +0.1 pts | +2,089 sh | +27% |
| Increased | VANGUARD INDEX FDS (VNQ) | 3.7% | 3.6% | −0.1 pts | +1,835 sh | +2% |
| Reduced | SPDR SER TR (HYMB) | 0.2% | 0.1% | −0.1 pts | −2,977 sh | −32% |
| Reduced | ISHARES TR (MBB) | 0.7% | 0.5% | −0.1 pts | −1,565 sh | −11% |
| Reduced | VANGUARD INDEX FDS (VOT) | 0.4% | 0.3% | −0.1 pts | −804 sh | −17% |
| Increased | VANGUARD SCOTTSDALE FDS (VMBS) | 1.7% | 1.6% | 0.0 pts | +3,070 sh | +4% |
| Reduced | ISHARES TR (TIP) | 0.5% | 0.4% | −0.1 pts | −1,207 sh | −12% |
| Increased | VANGUARD STAR FDS (VXUS) | 0.2% | 0.2% | +0.1 pts | +2,295 sh | +30% |
| Reduced | VANGUARD SCOTTSDALE FDS (VCIT) | 0.3% | 0.2% | −0.1 pts | −1,443 sh | −21% |
| Increased | VANGUARD INDEX FDS (VB) | 0.2% | 0.2% | +0.1 pts | +604 sh | +29% |
| Increased | SCHWAB STRATEGIC TR (SCHR) | 0.1% | 0.2% | 0.0 pts | +2,055 sh | +38% |
| Increased | VANECK ETF TRUST (HYD) | 0.3% | 0.3% | 0.0 pts | +1,957 sh | +18% |
The 50 largest of 83 changes, by size of the trade. Full holdings for this quarter.
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 54.9% of the equity book
Changes in the top 10 this quarter: USHY entered · VBK left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | VANGUARD WORLD FD (MGK) | 9.9% | 9.3% | |
| 2 | VANGUARD INTL EQUITY INDEX F (VEU) | 8.3% | 8.7% | |
| 3 | VANGUARD INDEX FDS (VXF) | 7.9% | 7.8% | |
| 4 | ISHARES TR (AGG) | 6.1% | 5.4% | |
| 5 | VANGUARD BD INDEX FDS (BIV) | 4.8% | 4.6% | |
| 6 | ISHARES TR (DGRO) | 3.9% | 4.1% | |
| 7 | VANGUARD INDEX FDS (VUG) | 4.4% | 4.0% | |
| 8 | ISHARES TR (USHY) | 0.1% | 3.7% | Entered the top 10 |
| 9 | VANGUARD INDEX FDS (VNQ) | 3.7% | 3.6% | |
| 10 | VANGUARD CHARLOTTE FDS (BNDX) | 3.8% | 3.5% | |
| — | VANGUARD INDEX FDS (VBK) | 3.5% | 3.5% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).