LGT Financial Advisors LLC's Q1 2023 13F: 32 new positions, 116 exits
Form 13F-HR for the quarter ended Mar 31, 2023 · filed May 15, 2023 · 95 reported positions · accession 0001398344-23-009822
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Exited | ISHARES TR (ICSH) | 5.7% | — | −5.7 pts | −95,972 sh | −100% |
| Exited | INVESCO EXCH TRD SLF IDX FD (ISDX) | 5.5% | — | −5.5 pts | −173K sh | −100% |
| Exited | ISHARES TR (CMBS) | 4.3% | — | −4.3 pts | −80,142 sh | −100% |
| Exited | SPDR SER TR (SPYM) | 3.6% | — | −3.6 pts | −67,240 sh | −100% |
| Exited | SCHWAB STRATEGIC TR (SCHD) | 3.1% | — | −3.1 pts | −35,040 sh | −100% |
| Exited | VANGUARD INDEX FDS (VOE) | 2.4% | — | −2.4 pts | −14,932 sh | −100% |
| New | CORE & MAIN INC (CNM) | — | 2.1% | +2.1 pts | +49,615 sh | new |
| Exited | ISHARES TR (IWS) | 1.4% | — | −1.4 pts | −11,152 sh | −100% |
| Exited | ISHARES TR (ESGU) | 1.4% | — | −1.4 pts | −13,601 sh | −100% |
| Exited | CAMBRIA ETF TR (SYLD) | 1.1% | — | −1.1 pts | −16,079 sh | −100% |
| Exited | VANGUARD INDEX FDS (VTI) | 1.0% | — | −1.0 pts | −4,633 sh | −100% |
| Exited | ISHARES TR (IWV) | 1.0% | — | −1.0 pts | −3,795 sh | −100% |
| New | HOME DEPOT INC (HD) | — | 0.9% | +0.9 pts | +1,575 sh | new |
| Exited | ISHARES TR (IWB) | 0.8% | — | −0.8 pts | −3,318 sh | −100% |
| Exited | ISHARES TR (ACWI) | 0.8% | — | −0.8 pts | −8,202 sh | −100% |
| Increased | CHEVRON CORP NEW (CVX) | 2.8% | 4.8% | +2.0 pts | +2,511 sh | +19% |
| Exited | SPDR SER TR (SPIB) | 0.8% | — | −0.8 pts | −20,189 sh | −100% |
| New | DUKE ENERGY CORP NEW (DUK) | — | 0.7% | +0.7 pts | +4,159 sh | new |
| New | ELEVANCE HEALTH INC (ELV) | — | 0.7% | +0.7 pts | +867 sh | new |
| New | MERCK & CO INC (MRK) | — | 0.7% | +0.7 pts | +3,632 sh | new |
| New | EMERSON ELEC CO (EMR) | — | 0.7% | +0.7 pts | +4,337 sh | new |
| New | WALMART INC (WMT) | — | 0.7% | +0.7 pts | +2,547 sh | new |
| Exited | ISHARES TR (IWM) | 0.7% | — | −0.7 pts | −3,399 sh | −100% |
| New | EATON CORP PLC (ETN) | — | 0.7% | +0.7 pts | +2,171 sh | new |
| New | WASTE MGMT INC DEL (WM) | — | 0.7% | +0.7 pts | +2,248 sh | new |
| New | CISCO SYS INC (CSCO) | — | 0.7% | +0.7 pts | +7,013 sh | new |
| New | JOHNSON & JOHNSON (JNJ) | — | 0.7% | +0.7 pts | +2,365 sh | new |
| Reduced | VANGUARD BD INDEX FDS (BIV) | 0.7% | 0.5% | −0.2 pts | −4,645 sh | −55% |
| New | LOCKHEED MARTIN CORP (LMT) | — | 0.7% | +0.7 pts | +741 sh | new |
| New | NATIONAL GRID PLC (NGG) | — | 0.6% | +0.6 pts | +5,111 sh | new |
| New | NEWMONT CORP (NEM) | — | 0.6% | +0.6 pts | +6,882 sh | new |
| New | TARGET CORP (TGT) | — | 0.6% | +0.6 pts | +2,020 sh | new |
| Increased | SYSCO CORP (SYY) | 0.8% | 1.8% | +1.1 pts | +4,308 sh | +51% |
| New | GALLAGHER ARTHUR J & CO (AJG) | — | 0.6% | +0.6 pts | +1,730 sh | new |
| Increased | TEXAS INSTRS INC (TXN) | 0.3% | 1.2% | +0.9 pts | +1,750 sh | +100% |
| New | J P MORGAN EXCHANGE TRADED F (JEPI) | — | 0.6% | +0.6 pts | +5,929 sh | new |
| Exited | ISHARES U S ETF TR (NEAR) | 0.6% | — | −0.6 pts | −10,292 sh | −100% |
| Increased | VERIZON COMMUNICATIONS INC (VZ) | 0.3% | 1.1% | +0.8 pts | +8,229 sh | +124% |
| New | CORNING INC (GLW) | — | 0.6% | +0.6 pts | +8,974 sh | new |
| Increased | JPMORGAN CHASE & CO (JPM) | 0.6% | 1.5% | +0.9 pts | +2,427 sh | +66% |
| Increased | PFIZER INC (PFE) | 7.4% | 9.9% | +2.5 pts | +7,549 sh | +6% |
| Reduced | APPLE INC (AAPL) | 1.7% | 2.8% | +1.1 pts | −1,844 sh | −17% |
| New | MEDTRONIC PLC (MDT) | — | 0.6% | +0.6 pts | +3,745 sh | new |
| Exited | ISHARES TR (EAGG) | 0.5% | — | −0.5 pts | −9,323 sh | −100% |
| Exited | VANGUARD INDEX FDS (VNQ) | 0.5% | — | −0.5 pts | −5,272 sh | −100% |
| Reduced | INVESCO ACTIVELY MANAGED ETF (GTO) | 3.1% | 4.5% | +1.4 pts | −5,803 sh | −10% |
| Exited | ISHARES TR (IWN) | 0.5% | — | −0.5 pts | −3,074 sh | −100% |
| Exited | SPDR SER TR (XHE) | 0.5% | — | −0.5 pts | −4,727 sh | −100% |
| New | BROADCOM INC (AVGO) | — | 0.5% | +0.5 pts | +387 sh | new |
| Exited | ISHARES TR (IYR) | 0.4% | — | −0.4 pts | −4,450 sh | −100% |
The 50 largest of 195 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 — 50.4% of the equity book
Changes in the top 10 this quarter: MSFT entered · SPY entered · AAPL entered · CNM entered · WPC entered · ICSH left · ISDX left · CMBS left · SPYM left · SCHD left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | COCA COLA CO (KO) | 7.1% | 10.9% | |
| 2 | PFIZER INC (PFE) | 7.4% | 9.9% | |
| 3 | EXXON MOBIL CORP (XOM) | 4.3% | 6.8% | |
| 4 | CHEVRON CORP NEW (CVX) | 2.8% | 4.8% | |
| 5 | INVESCO ACTIVELY MANAGED ETF (GTO) | 3.1% | 4.5% | |
| 6 | MICROSOFT CORP (MSFT) | 1.8% | 3.5% | Entered the top 10 |
| 7 | SPDR S&P 500 ETF TR (SPY) | 1.8% | 3.0% | Entered the top 10 |
| 8 | APPLE INC (AAPL) | 1.7% | 2.8% | Entered the top 10 |
| 9 | CORE & MAIN INC (CNM) | 0.0% | 2.1% | Entered the top 10 |
| 10 | WP CAREY INC (WPC) | 1.3% | 2.1% | Entered the top 10 |
| — | ISHARES TR (ICSH) | 5.7% | 0.0% | Left the top 10 |
| — | INVESCO EXCH TRD SLF IDX FD (ISDX) | 5.5% | 0.0% | Left the top 10 |
| — | ISHARES TR (CMBS) | 4.3% | 0.0% | Left the top 10 |
| — | SPDR SER TR (SPYM) | 3.6% | 0.0% | Left the top 10 |
| — | SCHWAB STRATEGIC TR (SCHD) | 3.1% | 0.0% | 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).
Option positions (puts and calls)
Reported separately from the positions above. The value a 13F reports for an option is that of the underlying shares, not the option itself.
| Activity | Security | Type | Shares before | Shares now | Reported value |
|---|---|---|---|---|---|
| Exited | AMAZON COM INC (AMZN) | Call | 500 | 0 | $0 |
| Exited | VERIZON COMMUNICATIONS INC (VZ) | Call | 500 | 0 | $0 |