# High Pines Wealth Management, LLC

> Institutional holdings reported to the SEC as of Q4 2023 on Form 13F. CIK 1855571. Source: https://holderbook.com/funds/1855571-high-pines-wealth-management-llc/

- Reported value: $65.6M
- Positions: 30
- Weight of the ten largest: 83.9%
- Filed: 2024-01-12

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 |
|---|---|---|---|---|---|
| VANGUARD SCOTTSDALE FDS | [VONG](https://holderbook.com/stocks/VONG/) | $10.5M | 134,841 | 16.0% | 13 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $9.3M | 195,121 | 14.2% | 13 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $8.7M | 19,978 | 13.3% | 13 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $8.2M | 55,113 | 12.6% | 13 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $5.7M | 24,671 | 8.7% | 13 |
| VANGUARD SCOTTSDALE FDS | [VCSH](https://holderbook.com/stocks/VCSH/) | $3.9M | 50,222 | 5.9% | 11 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $3.4M | 46,257 | 5.2% | 13 |
| VANGUARD MUN BD FDS | [VTEB](https://holderbook.com/stocks/VTEB/) | $2.1M | 41,325 | 3.2% | 13 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $1.6M | 8,506 | 2.5% | 13 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $1.4M | 13,080 | 2.2% | 13 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $909.8K | 9,699 | 1.4% | 13 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $845.8K | 2,249 | 1.3% | 13 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $806.5K | 1,629 | 1.2% | 13 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $797.4K | 5,248 | 1.2% | 13 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $721.3K | 4,240 | 1.1% | 13 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $674.1K | 1,904 | 1.0% | 4 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $651.0K | 4,619 | 1.0% | 13 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $574.4K | 2,206 | 0.9% | 13 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $503.2K | 844 | 0.8% | 6 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $472.6K | 4,923 | 0.7% | 13 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $472.5K | 897 | 0.7% | 13 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $461.7K | 1,295 | 0.7% | 13 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $452.1K | 1,305 | 0.7% | 13 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $437.8K | 4,849 | 0.7% | 6 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $378.6K | 1,122 | 0.6% | 6 |
| ALLSTATE CORP | [ALL](https://holderbook.com/stocks/ALL/) | $340.5K | 2,432 | 0.5% | 13 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $315.7K | 1,271 | 0.5% | 3 |
| COSTAR GROUP INC | [CSGP](https://holderbook.com/stocks/CSGP/) | $271.0K | 3,101 | 0.4% | 3 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $261.9K | 874 | 0.4% | 2 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $223.2K | 775 | 0.3% | 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 |
|---|---|---|---|---|
| Q4 2023 | +10.2% | +11.2% | -1.0% | 99% |
| Q3 2023 | -3.6% | -3.6% | -0.0% | 100% |
| Q2 2023 | +6.3% | +8.3% | -2.0% | 100% |
| Q1 2023 | +5.8% | +7.0% | -1.2% | 100% |
| Q4 2022 | +7.5% | +7.1% | +0.5% | 100% |
| Q3 2022 | -5.7% | -5.3% | -0.4% | 100% |
| Q2 2022 | -17.1% | -16.5% | -0.6% | 100% |
| Q1 2022 | -6.7% | -4.9% | -1.8% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q4 2023 | $65.6M | 30 |
| Q3 2023 | $60.8M | 32 |
| Q2 2023 | $65.6M | 31 |
| Q1 2023 | $60.2M | 31 |
| Q4 2022 | $57.0M | 32 |
| Q3 2022 | $52.4M | 32 |
| Q2 2022 | $54.2M | 28 |
| Q1 2022 | $136.0M | 37 |
| Q4 2021 | $143.5M | 36 |
| Q3 2021 | $145.7M | 41 |
| Q2 2021 | $132.6M | 40 |
| Q1 2021 | $113.2M | 39 |