# Vident Investment Advisory, LLC

> Institutional holdings reported to the SEC as of Q2 2023 on Form 13F. CIK 1634047. Source: https://holderbook.com/funds/1634047-vident-investment-advisory-llc/

- Reported value: $2.9B
- Positions: 1,175
- Weight of the ten largest: 11.9%
- Filed: 2023-08-11

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $55.6M | 464,943 | 1.9% | 14 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $53.1M | 61,235 | 1.8% | 19 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $35.5M | 685,672 | 1.2% | 15 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $35.2M | 103,341 | 1.2% | 19 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $30.4M | 156,764 | 1.0% | 19 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $29.1M | 175,538 | 1.0% | 19 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $28.8M | 59,867 | 1.0% | 19 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $27.4M | 251,735 | 0.9% | 14 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $25.9M | 192,442 | 0.9% | 19 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $25.8M | 83,135 | 0.9% | 19 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $22.8M | 157,818 | 0.8% | 15 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $22.4M | 99,294 | 0.8% | 16 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $21.9M | 527,964 | 0.8% | 19 |
| LAM RESEARCH CORP | [LRCXXXXX](https://holderbook.com/stocks/LRCXXXXX/) | $21.5M | 33,519 | 0.7% | 14 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $21.4M | 472,287 | 0.7% | 19 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $21.0M | 43,009 | 0.7% | 14 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $19.1M | 40,822 | 0.7% | 19 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $18.8M | 38,825 | 0.6% | 14 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $18.8M | 175,288 | 0.6% | 19 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $18.8M | 71,754 | 0.6% | 19 |
| VERTEX PHARMACEUTICALS INC | [VRTX](https://holderbook.com/stocks/VRTX/) | $18.7M | 53,106 | 0.6% | 13 |
| T-MOBILE US INC | [TMUS](https://holderbook.com/stocks/TMUS/) | $18.6M | 133,780 | 0.6% | 19 |
| ETF SER SOLUTIONS | [VUSE](https://holderbook.com/stocks/VUSE/) | $18.3M | 381,842 | 0.6% | 3 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $18.2M | 46,414 | 0.6% | 19 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $18.0M | 184,004 | 0.6% | 19 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $17.9M | 96,592 | 0.6% | 19 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $17.9M | 154,716 | 0.6% | 19 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $17.4M | 42,718 | 0.6% | 3 |
| BLACKROCK INC | [BLKXXXX](https://holderbook.com/stocks/BLKXXXX/) | $17.4M | 25,149 | 0.6% | 14 |
| MICROCHIP TECHNOLOGY INC. | [MCHP](https://holderbook.com/stocks/MCHP/) | $17.4M | 193,745 | 0.6% | 19 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $16.8M | 106,579 | 0.6% | 19 |
| FORTINET INC | [FTNT](https://holderbook.com/stocks/FTNT/) | $16.6M | 220,238 | 0.6% | 14 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $16.6M | 240,128 | 0.6% | 19 |
| ACTIVISION BLIZZARD INC | [ATVI](https://holderbook.com/stocks/ATVI/) | $16.4M | 194,717 | 0.6% | 14 |
| THE CIGNA GROUP | [CI](https://holderbook.com/stocks/CI/) | $16.2M | 57,668 | 0.6% | 19 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $15.9M | 66,877 | 0.5% | 19 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $15.5M | 36,575 | 0.5% | 19 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $15.3M | 100,500 | 0.5% | 19 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $14.6M | 31,800 | 0.5% | 19 |
| AUTOZONE INC | [AZO](https://holderbook.com/stocks/AZO/) | $14.6M | 5,836 | 0.5% | 19 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $14.2M | 63,822 | 0.5% | 19 |
| ELEVANCE HEALTH INC FORMERLY | [ELV](https://holderbook.com/stocks/ELV/) | $14.1M | 31,711 | 0.5% | 19 |
| FISERV INC | [FISV](https://holderbook.com/stocks/FISV/) | $13.4M | 106,087 | 0.5% | 19 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $13.3M | 66,215 | 0.5% | 19 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $12.7M | 53,123 | 0.4% | 19 |
| VMWARE INC | [VMW](https://holderbook.com/stocks/VMW/) | $12.6M | 88,003 | 0.4% | 14 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $12.5M | 43,567 | 0.4% | 19 |
| MCKESSON CORP | [MCK](https://holderbook.com/stocks/MCK/) | $12.4M | 28,925 | 0.4% | 19 |
| CSX CORP | [CSX](https://holderbook.com/stocks/CSX/) | $12.2M | 358,571 | 0.4% | 14 |
| NVR INC | [NVR](https://holderbook.com/stocks/NVR/) | $12.1M | 1,907 | 0.4% | 18 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $12.0M | 120,298 | 0.4% | 14 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $11.9M | 54,039 | 0.4% | 12 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $11.5M | 313,470 | 0.4% | 19 |
| ISHARES TR | [IUSV](https://holderbook.com/stocks/IUSV/) | $11.4M | 146,046 | 0.4% | 3 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $11.3M | 58,222 | 0.4% | 14 |
| UNITED RENTALS INC | [URI](https://holderbook.com/stocks/URI/) | $11.3M | 25,466 | 0.4% | 14 |
| SNAP ON INC | [SNA](https://holderbook.com/stocks/SNA/) | $11.3M | 39,261 | 0.4% | 12 |
| OWENS CORNING NEW | [OC](https://holderbook.com/stocks/OC/) | $11.3M | 86,642 | 0.4% | 15 |
| PAYPAL HLDGS INC | [PYPL](https://holderbook.com/stocks/PYPL/) | $11.3M | 168,655 | 0.4% | 14 |
| REGENERON PHARMACEUTICALS | [REGN](https://holderbook.com/stocks/REGN/) | $11.2M | 15,634 | 0.4% | 19 |
| CAMECO CORP | [CCJ](https://holderbook.com/stocks/CCJ/) | $11.1M | 354,884 | 0.4% | 5 |
| MARRIOTT INTL INC NEW | [MAR](https://holderbook.com/stocks/MAR/) | $11.1M | 60,264 | 0.4% | 15 |
| INTERCONTINENTAL EXCHANGE IN | [ICE](https://holderbook.com/stocks/ICE/) | $11.0M | 97,495 | 0.4% | 19 |
| WILLIAMS SONOMA INC | [WSM](https://holderbook.com/stocks/WSM/) | $11.0M | 87,862 | 0.4% | 12 |
| GALLAGHER ARTHUR J & CO | [AJG](https://holderbook.com/stocks/AJG/) | $10.9M | 49,530 | 0.4% | 4 |
| ON SEMICONDUCTOR CORP | [ON](https://holderbook.com/stocks/ON/) | $10.7M | 113,422 | 0.4% | 6 |
| HUBBELL INC | [HUBB](https://holderbook.com/stocks/HUBB/) | $10.7M | 32,210 | 0.4% | 1 |
| NETAPP INC | [NTAP](https://holderbook.com/stocks/NTAP/) | $10.7M | 139,467 | 0.4% | 14 |
| AON PLC | [AON](https://holderbook.com/stocks/AON/) | $10.7M | 30,856 | 0.4% | 13 |
| SCHWAB STRATEGIC TR | [SCHR](https://holderbook.com/stocks/SCHR/) | $10.5M | 213,207 | 0.4% | 2 |
| TRANE TECHNOLOGIES PLC | [TT](https://holderbook.com/stocks/TT/) | $10.3M | 53,874 | 0.4% | 14 |
| WATSCO INC | [WSO](https://holderbook.com/stocks/WSO/) | $10.3M | 26,890 | 0.4% | 4 |
| JABIL INC | [JBL](https://holderbook.com/stocks/JBL/) | $10.2M | 94,596 | 0.4% | 15 |
| AMETEK INC | [AME](https://holderbook.com/stocks/AME/) | $10.1M | 62,213 | 0.3% | 5 |
| FIDELITY NATL INFORMATION SV | [FIS](https://holderbook.com/stocks/FIS/) | $10.0M | 182,796 | 0.3% | 19 |
| CBRE GROUP INC | [CBRE](https://holderbook.com/stocks/CBRE/) | $9.9M | 122,982 | 0.3% | 12 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $9.9M | 40,326 | 0.3% | 19 |
| ROBERT HALF INC. | [RHI](https://holderbook.com/stocks/RHI/) | $9.9M | 131,025 | 0.3% | 10 |
| GENERAL DYNAMICS CORP | [GD](https://holderbook.com/stocks/GD/) | $9.8M | 45,387 | 0.3% | 19 |
| COGNIZANT TECHNOLOGY SOLUTIO | [CTSH](https://holderbook.com/stocks/CTSH/) | $9.6M | 147,600 | 0.3% | 19 |
| FLEETCOR TECHNOLOGIES INC | [FLT](https://holderbook.com/stocks/FLT/) | $9.6M | 38,351 | 0.3% | 14 |
| ICON PUB LTD CO | [ICLR](https://holderbook.com/stocks/ICLR/) | $9.5M | 37,821 | 0.3% | 3 |
| CME GROUP INC | [CME](https://holderbook.com/stocks/CME/) | $9.4M | 50,813 | 0.3% | 19 |
| ISHARES TR | [ITOT](https://holderbook.com/stocks/ITOT/) | $9.4M | 96,054 | 0.3% | 3 |
| KROGER CO | [KR](https://holderbook.com/stocks/KR/) | $9.4M | 199,574 | 0.3% | 19 |
| OTIS WORLDWIDE CORP | [OTIS](https://holderbook.com/stocks/OTIS/) | $9.4M | 105,356 | 0.3% | 3 |
| BROWN & BROWN INC | [BRO](https://holderbook.com/stocks/BRO/) | $9.3M | 134,924 | 0.3% | 15 |
| INGERSOLL RAND INC | [IR](https://holderbook.com/stocks/IR/) | $9.3M | 141,795 | 0.3% | 5 |
| CHIPOTLE MEXICAN GRILL INC | [CMG](https://holderbook.com/stocks/CMG/) | $9.3M | 4,332 | 0.3% | 3 |
| TRIMBLE INC | [TRMB](https://holderbook.com/stocks/TRMB/) | $9.1M | 171,314 | 0.3% | 19 |
| AVERY DENNISON CORP | [AVY](https://holderbook.com/stocks/AVY/) | $9.0M | 52,630 | 0.3% | 19 |
| LKQ CORP | [LKQ](https://holderbook.com/stocks/LKQ/) | $9.0M | 154,629 | 0.3% | 14 |
| MASCO CORP | [MAS](https://holderbook.com/stocks/MAS/) | $9.0M | 156,996 | 0.3% | 13 |
| DIAMONDBACK ENERGY INC | [FANG](https://holderbook.com/stocks/FANG/) | $8.9M | 68,062 | 0.3% | 13 |
| EXPAND ENERGY CORPORATION | [EXE](https://holderbook.com/stocks/EXE/) | $8.9M | 106,771 | 0.3% | 8 |
| LINCOLN ELEC HLDGS INC | [LECO](https://holderbook.com/stocks/LECO/) | $8.9M | 44,958 | 0.3% | 1 |
| GLOBAL PMTS INC | [GPN](https://holderbook.com/stocks/GPN/) | $8.9M | 90,600 | 0.3% | 14 |
| WESTROCK CO | [WRK](https://holderbook.com/stocks/WRK/) | $8.8M | 304,122 | 0.3% | 19 |
| SKYWORKS SOLUTIONS INC | [SWKS](https://holderbook.com/stocks/SWKS/) | $8.8M | 79,649 | 0.3% | 15 |
| ALLEGION PLC | [ALLE](https://holderbook.com/stocks/ALLE/) | $8.8M | 73,131 | 0.3% | 18 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2023 | +5.9% | +8.3% | -2.4% | 100% |
| Q1 2023 | +4.4% | +7.0% | -2.6% | 100% |
| Q4 2022 | +8.0% | +7.1% | +1.0% | 104% |
| Q3 2022 | -5.0% | -5.3% | +0.3% | 100% |
| Q2 2022 | -16.8% | -16.5% | -0.3% | 100% |
| Q1 2022 | -5.4% | -4.9% | -0.5% | 99% |
| Q4 2021 | +8.3% | +10.7% | -2.4% | 99% |
| Q3 2021 | -2.4% | +0.3% | -2.7% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2023 | $2.9B | 1,175 |
| Q1 2023 | $3.1B | 1,233 |
| Q4 2022 | $2.7B | 1,175 |
| Q3 2022 | $3.1B | 1,115 |
| Q2 2022 | $3.3B | 1,263 |
| Q1 2022 | $3.8B | 1,257 |
| Q4 2021 | $3.8B | 1,202 |
| Q3 2021 | $3.3B | 1,148 |
| Q2 2021 | $3.3B | 1,086 |
| Q1 2021 | $3.0B | 987 |
| Q4 2020 | $2.5B | 893 |
| Q3 2020 | $2.0B | 866 |