# Hernani Holdings LLC

> Institutional holdings reported to the SEC as of Q2 2021 on Form 13F. CIK 1788700. Source: https://holderbook.com/funds/1788700-hernani-holdings-llc/

- Reported value: $464.9M
- Positions: 12
- Weight of the ten largest: 97.7%
- Filed: 2021-08-13

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 |
|---|---|---|---|---|---|
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $203.5M | 913,406 | 43.8% | 7 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $101.4M | 1,968,966 | 21.8% | 7 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $50.5M | 587,485 | 10.9% | 7 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $47.9M | 881,235 | 10.3% | 7 |
| Ishares Inc | - | $11.7M | 85,100 | 2.5% | 2 |
| Ishares Inc | - | $11.0M | 212,000 | 2.4% | 2 |
| DBX ETF TR | - | $9.8M | 240,699 | 2.1% | 2 |
| Ishares Inc | - | $6.5M | 101,001 | 1.4% | 2 |
| Ishares Inc | - | $5.9M | 63,801 | 1.3% | 2 |
| Ishares Inc | - | $5.8M | 64,330 | 1.3% | 2 |
| Ishares Inc | - | $5.6M | 47,150 | 1.2% | 2 |
| DBX ETF TR | - | $5.3M | 112,960 | 1.1% | 2 |

## 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 |
|---|---|---|---|---|
| Q1 2021 | +3.5% | +6.0% | -2.5% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2021 | $464.9M | 12 |
| Q1 2021 | $534.1M | 13 |
| Q4 2020 | $524.6M | 9 |
| Q3 2020 | $440.2M | 4 |
| Q2 2020 | $416.3M | 4 |
| Q1 2020 | $403.0M | 4 |
| Q4 2019 | $488.1M | 4 |