# Highland Private Wealth Management

> Institutional holdings reported to the SEC as of Q3 2022 on Form 13F. CIK 1664772. Source: https://holderbook.com/funds/1664772-highland-private-wealth-management/

- Reported value: $619.9M
- Positions: 183
- Weight of the ten largest: 57.3%
- Filed: 2022-10-17

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 |
|---|---|---|---|---|---|
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $75.7M | 325,182 | 12.2% | 16 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $48.2M | 1,325,919 | 7.8% | 12 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $37.8M | 279,549 | 6.1% | 16 |
| VANGUARD BD INDEX FDS | [BSV](https://holderbook.com/stocks/BSV/) | $36.8M | 491,612 | 5.9% | 16 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $36.0M | 318,987 | 5.8% | 16 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $31.8M | 603,101 | 5.1% | 11 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $27.9M | 85,099 | 4.5% | 15 |
| VANGUARD BD INDEX FDS | [BIV](https://holderbook.com/stocks/BIV/) | $22.3M | 302,990 | 3.6% | 16 |
| ISHARES GOLD TR | [IAU](https://holderbook.com/stocks/IAU/) | $22.0M | 698,467 | 3.6% | 6 |
| ISHARES TR | [ESGD](https://holderbook.com/stocks/ESGD/) | $16.8M | 299,885 | 2.7% | 15 |
| ISHARES TR | [USRT](https://holderbook.com/stocks/USRT/) | $16.4M | 344,579 | 2.6% | 15 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $14.1M | 39,578 | 2.3% | 16 |
| ISHARES TR | [ESGU](https://holderbook.com/stocks/ESGU/) | $14.0M | 176,722 | 2.3% | 12 |
| ISHARES TR | [EMB](https://holderbook.com/stocks/EMB/) | $13.9M | 175,329 | 2.2% | 16 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $11.9M | 325,886 | 1.9% | 16 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $11.3M | 262,126 | 1.8% | 16 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $11.2M | 156,779 | 1.8% | 2 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $10.7M | 122,168 | 1.7% | 16 |
| ISHARES TR | [IWB](https://holderbook.com/stocks/IWB/) | $9.6M | 48,800 | 1.6% | 16 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $9.3M | 67,082 | 1.5% | 16 |
| SCHWAB STRATEGIC TR | [SCHF](https://holderbook.com/stocks/SCHF/) | $7.6M | 268,422 | 1.2% | 16 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $7.4M | 20,496 | 1.2% | 16 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $5.6M | 29,869 | 0.9% | 16 |
| ISHARES INC | [ESGE](https://holderbook.com/stocks/ESGE/) | $4.8M | 175,272 | 0.8% | 15 |
| VANGUARD WHITEHALL FDS | [VWOB](https://holderbook.com/stocks/VWOB/) | $4.5M | 77,509 | 0.7% | 16 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $3.8M | 14,232 | 0.6% | 16 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $3.5M | 20,668 | 0.6% | 12 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $3.1M | 6,193 | 0.5% | 16 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $3.0M | 53,053 | 0.5% | 16 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $2.9M | 10,969 | 0.5% | 16 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $2.9M | 13,271 | 0.5% | 16 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $2.8M | 29,655 | 0.5% | 16 |
| VANGUARD INDEX FDS | [VNQ](https://holderbook.com/stocks/VNQ/) | $2.6M | 32,728 | 0.4% | 11 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $2.4M | 24,683 | 0.4% | 16 |
| ISHARES TR | [SUSA](https://holderbook.com/stocks/SUSA/) | $2.4M | 31,130 | 0.4% | 16 |
| VANGUARD INTL EQUITY INDEX F | [VEU](https://holderbook.com/stocks/VEU/) | $2.3M | 52,828 | 0.4% | 16 |
| ISHARES TR | [ESML](https://holderbook.com/stocks/ESML/) | $2.3M | 75,900 | 0.4% | 8 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $2.1M | 25,498 | 0.3% | 16 |
| UNITY SOFTWARE INC | [U](https://holderbook.com/stocks/U/) | $2.0M | 63,633 | 0.3% | 7 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $1.9M | 11,891 | 0.3% | 16 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $1.9M | 8,903 | 0.3% | 16 |
| VANGUARD STAR FDS | [VXUS](https://holderbook.com/stocks/VXUS/) | $1.7M | 37,683 | 0.3% | 16 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $1.5M | 11,131 | 0.2% | 16 |
| SPDR INDEX SHS FDS | [SPDW](https://holderbook.com/stocks/SPDW/) | $1.4M | 54,922 | 0.2% | 12 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $1.3M | 2,995 | 0.2% | 10 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $1.3M | 4,728 | 0.2% | 16 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $1.3M | 10,428 | 0.2% | 4 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $1.2M | 2,630 | 0.2% | 16 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $1.2M | 6,984 | 0.2% | 16 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $1.2M | 9,189 | 0.2% | 16 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $1.2M | 9,437 | 0.2% | 16 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $1.1M | 10,819 | 0.2% | 16 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $1.1M | 9,281 | 0.2% | 15 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $1.1M | 6,458 | 0.2% | 16 |
| ISHARES TR | [IWR](https://holderbook.com/stocks/IWR/) | $1.1M | 16,949 | 0.2% | 16 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $1.0M | 5,632 | 0.2% | 12 |
| SCHWAB STRATEGIC TR | [SCHX](https://holderbook.com/stocks/SCHX/) | $988.0K | 20,600 | 0.2% | 16 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $948.0K | 4,109 | 0.2% | 16 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $943.0K | 10,953 | 0.2% | 16 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $934.0K | 16,667 | 0.2% | 16 |
| SCHWAB STRATEGIC TR | [SCHD](https://holderbook.com/stocks/SCHD/) | $884.0K | 13,310 | 0.1% | 16 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $848.0K | 8,988 | 0.1% | 16 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $827.0K | 2,909 | 0.1% | 16 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $823.0K | 27,236 | 0.1% | 16 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $815.0K | 20,376 | 0.1% | 16 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $813.0K | 9,307 | 0.1% | 7 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $782.0K | 5,050 | 0.1% | 16 |
| ISHARES TR | [SUB](https://holderbook.com/stocks/SUB/) | $770.0K | 7,504 | 0.1% | 16 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $728.0K | 9,286 | 0.1% | 15 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $707.0K | 1,395 | 0.1% | 14 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $705.0K | 4,904 | 0.1% | 16 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $677.0K | 2,875 | 0.1% | 16 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $658.0K | 2,557 | 0.1% | 15 |
| VANGUARD INDEX FDS | [VV](https://holderbook.com/stocks/VV/) | $644.0K | 3,934 | 0.1% | 1 |
| NIKE INC | [NKE](https://holderbook.com/stocks/NKE/) | $638.0K | 7,674 | 0.1% | 16 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $631.0K | 1,950 | 0.1% | 10 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $615.0K | 6,348 | 0.1% | 16 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $601.0K | 3,199 | 0.1% | 16 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $599.0K | 5,304 | 0.1% | 13 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $596.0K | 3,612 | 0.1% | 16 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $577.0K | 13,201 | 0.1% | 16 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $564.0K | 2,186 | 0.1% | 10 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $563.0K | 6,883 | 0.1% | 10 |
| ESS TECH INC | [GWHXXXX](https://holderbook.com/stocks/GWHXXXX/) | $561.0K | 137,117 | 0.1% | 3 |
| ISHARES TR | [IVE](https://holderbook.com/stocks/IVE/) | $561.0K | 4,364 | 0.1% | 16 |
| DOCUSIGN INC | [DOCU](https://holderbook.com/stocks/DOCU/) | $522.0K | 9,754 | 0.1% | 1 |
| ISHARES TR | [MUB](https://holderbook.com/stocks/MUB/) | $521.0K | 5,081 | 0.1% | 16 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $504.0K | 3,119 | 0.1% | 10 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $498.0K | 7,003 | 0.1% | 13 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $497.0K | 13,065 | 0.1% | 16 |
| LINDE PLC | [LINXXXX](https://holderbook.com/stocks/LINXXXX/) | $497.0K | 1,842 | 0.1% | 15 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $496.0K | 8,132 | 0.1% | 16 |
| VANECK ETF TRUST | [SMOG](https://holderbook.com/stocks/SMOG/) | $493.0K | 4,350 | 0.1% | 12 |
| VANGUARD INTL EQUITY INDEX F | [VSS](https://holderbook.com/stocks/VSS/) | $493.0K | 5,315 | 0.1% | 2 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $488.0K | 2,501 | 0.1% | 16 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $483.0K | 4,067 | 0.1% | 16 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $465.0K | 1,688 | 0.1% | 16 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $465.0K | 3,588 | 0.1% | 15 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $463.0K | 3,214 | 0.1% | 16 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $453.0K | 1,485 | 0.1% | 13 |

## 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 |
|---|---|---|---|---|
| Q3 2022 | -6.7% | -5.3% | -1.4% | 100% |
| Q2 2022 | -15.6% | -16.5% | +0.9% | 100% |
| Q1 2022 | -5.8% | -4.9% | -0.8% | 100% |
| Q4 2021 | +6.6% | +10.7% | -4.0% | 100% |
| Q3 2021 | -0.7% | +0.3% | -1.0% | 100% |
| Q2 2021 | +7.0% | +8.0% | -1.0% | 100% |
| Q1 2021 | +2.6% | +6.0% | -3.4% | 100% |
| Q4 2020 | +9.6% | +11.6% | -2.0% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2022 | $619.9M | 183 |
| Q2 2022 | $650.2M | 187 |
| Q1 2022 | $749.6M | 188 |
| Q4 2021 | $789.5M | 188 |
| Q3 2021 | $707.7M | 175 |
| Q2 2021 | $675.1M | 170 |
| Q1 2021 | $607.6M | 156 |
| Q4 2020 | $578.9M | 141 |
| Q3 2020 | $509.4M | 132 |
| Q2 2020 | $464.9M | 133 |
| Q1 2020 | $365.8M | 116 |
| Q4 2019 | $417.3M | 131 |