# Southern Wealth Management, LLP

> Institutional holdings reported to the SEC as of Q1 2023 on Form 13F. CIK 1811579. Source: https://holderbook.com/funds/1811579-southern-wealth-management-llp/

- Reported value: $257.6M
- Positions: 61
- Weight of the ten largest: 59.9%
- Filed: 2023-05-12

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 |
|---|---|---|---|---|---|
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $26.8M | 400,314 | 10.4% | 14 |
| SCHWAB STRATEGIC TR | [SCHC](https://holderbook.com/stocks/SCHC/) | $22.8M | 677,322 | 8.9% | 13 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $20.9M | 83,817 | 8.1% | 14 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $17.1M | 350,856 | 6.6% | 14 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $17.0M | 69,719 | 6.6% | 14 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $13.9M | 36,935 | 5.4% | 14 |
| ISHARES INC | [EEMV](https://holderbook.com/stocks/EEMV/) | $12.2M | 223,487 | 4.7% | 14 |
| VANGUARD INDEX FDS | [VOE](https://holderbook.com/stocks/VOE/) | $10.3M | 76,629 | 4.0% | 14 |
| VANGUARD INDEX FDS | [VXF](https://holderbook.com/stocks/VXF/) | $7.3M | 52,132 | 2.8% | 14 |
| ISHARES TR | [EEM](https://holderbook.com/stocks/EEM/) | $5.8M | 148,025 | 2.3% | 14 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $5.6M | 31,136 | 2.2% | 14 |
| ISHARES TR | [IWS](https://holderbook.com/stocks/IWS/) | $5.5M | 51,495 | 2.1% | 14 |
| ISHARES TR | [USMV](https://holderbook.com/stocks/USMV/) | $4.8M | 65,937 | 1.9% | 14 |
| ISHARES TR | [SCZ](https://holderbook.com/stocks/SCZ/) | $4.6M | 77,404 | 1.8% | 14 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $4.4M | 31,605 | 1.7% | 14 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $4.1M | 19,958 | 1.6% | 14 |
| ISHARES TR | [IWP](https://holderbook.com/stocks/IWP/) | $3.9M | 43,275 | 1.5% | 14 |
| ISHARES TR | [EFV](https://holderbook.com/stocks/EFV/) | $3.8M | 78,169 | 1.5% | 14 |
| ISHARES TR | [EFG](https://holderbook.com/stocks/EFG/) | $3.8M | 40,132 | 1.5% | 14 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $3.4M | 22,563 | 1.3% | 14 |
| SCHWAB STRATEGIC TR | [SCHB](https://holderbook.com/stocks/SCHB/) | $3.4M | 71,776 | 1.3% | 14 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $3.4M | 75,302 | 1.3% | 14 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $3.3M | 8,019 | 1.3% | 14 |
| ISHARES TR | [IWN](https://holderbook.com/stocks/IWN/) | $3.1M | 22,791 | 1.2% | 14 |
| VANGUARD INDEX FDS | [VBR](https://holderbook.com/stocks/VBR/) | $2.9M | 18,324 | 1.1% | 2 |
| SCHWAB STRATEGIC TR | [SCHM](https://holderbook.com/stocks/SCHM/) | $2.9M | 42,053 | 1.1% | 14 |
| ISHARES TR | [EFAV](https://holderbook.com/stocks/EFAV/) | $2.8M | 40,925 | 1.1% | 14 |
| SCHWAB STRATEGIC TR | [SCHA](https://holderbook.com/stocks/SCHA/) | $2.7M | 63,810 | 1.0% | 14 |
| FIRST TR EXCH TRADED FD III | [FPE](https://holderbook.com/stocks/FPE/) | $2.6M | 163,839 | 1.0% | 11 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $2.6M | 12,182 | 1.0% | 14 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $2.4M | 58,906 | 0.9% | 14 |
| VANGUARD INDEX FDS | [VOT](https://holderbook.com/stocks/VOT/) | $2.1M | 10,531 | 0.8% | 14 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $2.0M | 28,404 | 0.8% | 11 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $2.0M | 7,837 | 0.8% | 14 |
| ISHARES TR | [IWR](https://holderbook.com/stocks/IWR/) | $2.0M | 27,902 | 0.8% | 14 |
| ISHARES TR | [IWB](https://holderbook.com/stocks/IWB/) | $1.9M | 8,487 | 0.7% | 12 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $1.9M | 4,611 | 0.7% | 13 |
| SCHWAB STRATEGIC TR | [SCHX](https://holderbook.com/stocks/SCHX/) | $1.7M | 36,148 | 0.7% | 14 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $1.5M | 14,543 | 0.6% | 3 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $1.3M | 13,446 | 0.5% | 12 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $1.3M | 6,748 | 0.5% | 14 |
| SCHWAB STRATEGIC TR | [SCHG](https://holderbook.com/stocks/SCHG/) | $1.3M | 19,254 | 0.5% | 14 |
| ISHARES TR | [IGF](https://holderbook.com/stocks/IGF/) | $973.0K | 20,398 | 0.4% | 14 |
| ISHARES TR | [SMMD](https://holderbook.com/stocks/SMMD/) | $922.4K | 16,827 | 0.4% | 5 |
| SCHWAB STRATEGIC TR | [SCHV](https://holderbook.com/stocks/SCHV/) | $760.7K | 11,600 | 0.3% | 14 |
| SCHWAB STRATEGIC TR | [FNDX](https://holderbook.com/stocks/FNDX/) | $737.9K | 13,435 | 0.3% | 14 |
| SCHWAB STRATEGIC TR | [SCHE](https://holderbook.com/stocks/SCHE/) | $604.3K | 24,646 | 0.2% | 4 |
| ISHARES TR | [ACWX](https://holderbook.com/stocks/ACWX/) | $591.1K | 12,121 | 0.2% | 5 |
| SPDR SERIES TRUST | [SDY](https://holderbook.com/stocks/SDY/) | $483.7K | 3,910 | 0.2% | 14 |
| VANGUARD STAR FDS | [VXUS](https://holderbook.com/stocks/VXUS/) | $452.8K | 8,201 | 0.2% | 1 |
| SCHWAB STRATEGIC TR | [FNDF](https://holderbook.com/stocks/FNDF/) | $417.8K | 13,360 | 0.2% | 12 |
| SCHWAB STRATEGIC TR | [SCHF](https://holderbook.com/stocks/SCHF/) | $364.0K | 10,460 | 0.1% | 10 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $324.6K | 1,011 | 0.1% | 3 |
| STARBOARD INVT TR | [AGOX](https://holderbook.com/stocks/AGOX/) | $310.0K | 14,225 | 0.1% | 3 |
| ISHARES TR | [IWO](https://holderbook.com/stocks/IWO/) | $304.1K | 1,341 | 0.1% | 14 |
| ISHARES TR | [IJS](https://holderbook.com/stocks/IJS/) | $293.8K | 3,139 | 0.1% | 3 |
| SCHWAB STRATEGIC TR | [FNDA](https://holderbook.com/stocks/FNDA/) | $272.5K | 5,599 | 0.1% | 14 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $272.0K | 1,766 | 0.1% | 2 |
| FIRST TR EXCHANGE-TRADED FD | [FDL](https://holderbook.com/stocks/FDL/) | $211.2K | 5,950 | 0.1% | 3 |
| ISHARES TR | [IJT](https://holderbook.com/stocks/IJT/) | $202.0K | 1,837 | 0.1% | 1 |
| FIRST TR EXCH TRADED FD III | [FPEI](https://holderbook.com/stocks/FPEI/) | $178.0K | 10,627 | 0.1% | 5 |

## 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 2023 | +6.1% | +7.0% | -0.9% | 100% |
| Q4 2022 | +8.7% | +7.1% | +1.6% | 95% |
| Q3 2022 | -6.9% | -5.3% | -1.6% | 100% |
| Q2 2022 | -15.4% | -16.5% | +1.1% | 100% |
| Q1 2022 | -6.6% | -4.9% | -1.7% | 100% |
| Q4 2021 | +4.3% | +10.7% | -6.4% | 100% |
| Q3 2021 | -1.3% | +0.3% | -1.6% | 99% |
| Q2 2021 | +5.8% | +8.0% | -2.2% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q1 2023 | $257.6M | 61 |
| Q4 2022 | $248.9M | 59 |
| Q3 2022 | $248.6M | 58 |
| Q2 2022 | $261.1M | 55 |
| Q1 2022 | $307.0M | 57 |
| Q4 2021 | $252.7M | 56 |
| Q3 2021 | $340.1M | 55 |
| Q2 2021 | $346.7M | 55 |
| Q1 2021 | $303.6M | 55 |
| Q4 2020 | $263.8M | 57 |
| Q3 2020 | $271.4M | 52 |
| Q2 2020 | $514.5M | 58 |