Windham Capital Management LLC's Q1 2023 13F: 12 new positions, 1 exit
Form 13F-HR for the quarter ended Mar 31, 2023 · filed May 1, 2023 · 86 reported positions · accession 0000950123-23-003534
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | VANGUARD INDEX FDS (VTI) | 20.0% | 18.3% | −1.7 pts | −46,408 sh | −17% |
| Reduced | ISHARES TR (SUB) | 13.1% | 10.4% | −2.7 pts | −76,512 sh | −23% |
| Reduced | SPDR SER TR (WIP) | 3.6% | 2.0% | −1.6 pts | −109K sh | −48% |
| Reduced | DBX ETF TR (HYLB) | 2.9% | 1.8% | −1.1 pts | −91,946 sh | −42% |
| Reduced | VANGUARD INDEX FDS (VUG) | 2.9% | 2.3% | −0.6 pts | −12,347 sh | −35% |
| New | GOLDMAN SACHS ETF TR (GBIL) | — | 1.2% | +1.2 pts | +30,278 sh | new |
| Increased | ISHARES TR (TIP) | 0.4% | 1.6% | +1.2 pts | +27,353 sh | +308% |
| Reduced | VANGUARD INDEX FDS (VTV) | 4.6% | 3.6% | −0.9 pts | −18,333 sh | −22% |
| New | ISHARES TR (ICVT) | — | 0.9% | +0.9 pts | +31,799 sh | new |
| Reduced | ISHARES TR (IEF) | 0.9% | 0.1% | −0.8 pts | −21,440 sh | −90% |
| New | VANGUARD INTL EQUITY INDEX F (VNQI) | — | 0.8% | +0.8 pts | +51,126 sh | new |
| New | VANGUARD MUN BD FDS (VTEB) | — | 0.8% | +0.8 pts | +40,414 sh | new |
| Reduced | SPDR SER TR (SPSB) | 5.3% | 4.8% | −0.5 pts | −63,258 sh | −14% |
| Reduced | INVESCO EXCH TRADED FD TR II (PCY) | 1.7% | 1.1% | −0.6 pts | −91,336 sh | −40% |
| New | ISHARES TR (ESGU) | — | 0.6% | +0.6 pts | +16,644 sh | new |
| Reduced | ISHARES TR (AGG) | 0.8% | 0.4% | −0.5 pts | −13,205 sh | −60% |
| New | ISHARES TR (ESGD) | — | 0.5% | +0.5 pts | +15,849 sh | new |
| New | J P MORGAN EXCHANGE TRADED F (BBEU) | — | 0.4% | +0.4 pts | +19,025 sh | new |
| New | ISHARES TR (PFF) | — | 0.4% | +0.4 pts | +32,459 sh | new |
| New | ISHARES TR (SCZ) | — | 0.4% | +0.4 pts | +15,849 sh | new |
| Reduced | ISHARES TR (IWM) | 1.5% | 1.2% | −0.3 pts | −4,894 sh | −22% |
| Reduced | SELECT SECTOR SPDR TR (XLI) | 0.4% | 0.1% | −0.3 pts | −7,143 sh | −74% |
| Exited | BARCLAYS BANK PLC (DJP) | 0.3% | — | −0.3 pts | −19,920 sh | −100% |
| Reduced | VANGUARD INDEX FDS (VNQ) | 1.0% | 0.8% | −0.2 pts | −7,708 sh | −24% |
| Increased | SELECT SECTOR SPDR TR (XLK) | 0.2% | 0.5% | +0.3 pts | +3,529 sh | +68% |
| New | VANGUARD WORLD FDS (VCR) | — | 0.2% | +0.2 pts | +1,963 sh | new |
| Reduced | VANGUARD WORLD FDS (VHT) | 1.6% | 1.4% | −0.2 pts | −1,806 sh | −11% |
| Increased | SELECT SECTOR SPDR TR (XLV) | 0.3% | 0.5% | +0.2 pts | +3,142 sh | +50% |
| Increased | VANGUARD WORLD FDS (VPU) | 0.3% | 0.4% | +0.1 pts | +2,173 sh | +48% |
| Reduced | VANGUARD INTL EQUITY INDEX F (VGK) | 1.6% | 1.8% | +0.1 pts | −4,488 sh | −6% |
| Increased | INVESCO QQQ TR (QQQ) | 1.5% | 2.0% | +0.5 pts | +804 sh | +6% |
| Increased | VANGUARD TAX-MANAGED INTL FD (VEA) | 3.7% | 4.2% | +0.5 pts | +5,142 sh | +2% |
| Increased | ISHARES TR (USMV) | 1.5% | 1.6% | +0.2 pts | +3,184 sh | +6% |
| New | APPLE INC (AAPL) | — | 0.1% | +0.1 pts | +1,326 sh | new |
| New | COTERRA ENERGY INC (CTRA) | — | 0.1% | +0.1 pts | +8,377 sh | new |
| Reduced | SPDR SER TR (FLRN) | 0.2% | 0.2% | −0.1 pts | −6,517 sh | −32% |
| Reduced | SELECT SECTOR SPDR TR (XLB) | 0.3% | 0.3% | 0.0 pts | −2,185 sh | −20% |
| Increased | VANGUARD INTL EQUITY INDEX F (VSS) | 2.1% | 2.4% | +0.3 pts | +1,396 sh | +3% |
| Reduced | SPDR SER TR (CWB) | 0.4% | 0.4% | 0.0 pts | −2,068 sh | −13% |
| Increased | VANGUARD WORLD FDS (VAW) | 0.4% | 0.5% | +0.1 pts | +670 sh | +12% |
| Increased | OLD DOMINION FREIGHT LINE IN (ODFL) | 0.7% | 0.9% | +0.2 pts | +320 sh | +5% |
| Increased | VANGUARD WHITEHALL FDS (VYM) | 0.9% | 1.0% | +0.1 pts | +994 sh | +4% |
| Increased | SPDR S&P 500 ETF TR (SPY) | 2.2% | 2.5% | +0.3 pts | +246 sh | +2% |
| Increased | VANGUARD WORLD FDS (VDC) | 0.4% | 0.4% | +0.1 pts | +509 sh | +10% |
| Reduced | VANGUARD INTL EQUITY INDEX F (VT) | 1.2% | 1.3% | +0.1 pts | −1,049 sh | −3% |
| Increased | ISHARES TR (ICF) | 0.9% | 0.9% | +0.1 pts | +1,704 sh | +4% |
| Reduced | INVESCO EXCH TRADED FD TR II (BKLN) | 0.2% | 0.2% | 0.0 pts | −4,142 sh | −17% |
| Increased | VANGUARD MALVERN FDS (VTIP) | 2.3% | 2.5% | +0.2 pts | +1,694 sh | +1% |
| Increased | ISHARES TR (IBB) | 0.7% | 0.8% | 0.0 pts | +568 sh | +4% |
| Increased | VANGUARD INDEX FDS (VOO) | 1.1% | 1.3% | +0.2 pts | +190 sh | +2% |
The 50 largest of 69 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 — 52.9% of the equity book
Changes in the top 10 this quarter: VSS entered · HYLB left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | VANGUARD INDEX FDS (VTI) | 20.0% | 18.3% | |
| 2 | ISHARES TR (SUB) | 13.1% | 10.4% | |
| 3 | SPDR SER TR (SPSB) | 5.3% | 4.8% | |
| 4 | VANGUARD TAX-MANAGED INTL FD (VEA) | 3.7% | 4.2% | |
| 5 | VANGUARD INDEX FDS (VTV) | 4.6% | 3.6% | |
| 6 | SPDR S&P 500 ETF TR (SPY) | 2.2% | 2.5% | |
| 7 | VANGUARD MALVERN FDS (VTIP) | 2.3% | 2.5% | |
| 8 | VANGUARD INTL EQUITY INDEX F (VSS) | 2.1% | 2.4% | Entered the top 10 |
| 9 | VANGUARD INDEX FDS (VUG) | 2.9% | 2.3% | |
| 10 | SPDR SER TR (WIP) | 3.6% | 2.0% | |
| — | DBX ETF TR (HYLB) | 2.9% | 1.8% | 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).