# SWM Advisors

> Institutional holdings reported to the SEC as of Q3 2022 on Form 13F. CIK 1874081. Source: https://holderbook.com/funds/1874081-swm-advisors/

- Reported value: $106.1M
- Positions: 24
- Weight of the ten largest: 96.5%
- Filed: 2022-10-12

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 INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $42.4M | 129,127 | 39.9% | 4 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $15.3M | 421,171 | 14.4% | 4 |
| VANGUARD INDEX FDS | [VXF](https://holderbook.com/stocks/VXF/) | $12.8M | 100,670 | 12.1% | 4 |
| ISHARES TR | [FLOT](https://holderbook.com/stocks/FLOT/) | $7.1M | 141,133 | 6.7% | 3 |
| ISHARES TR | [ICSH](https://holderbook.com/stocks/ICSH/) | $6.7M | 133,095 | 6.3% | 3 |
| VANGUARD BD INDEX FDS | [BSV](https://holderbook.com/stocks/BSV/) | $6.4M | 85,668 | 6.0% | 4 |
| VANGUARD BD INDEX FDS | [BIV](https://holderbook.com/stocks/BIV/) | $5.7M | 77,995 | 5.4% | 4 |
| ISHARES INC | [EMXC](https://holderbook.com/stocks/EMXC/) | $4.5M | 101,571 | 4.2% | 3 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $990.0K | 3,732 | 0.9% | 4 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $588.0K | 4,256 | 0.6% | 4 |
| THE TRADE DESK INC | [TTD](https://holderbook.com/stocks/TTD/) | $472.0K | 7,906 | 0.4% | 4 |
| CATALENT INC | [CTLT](https://holderbook.com/stocks/CTLT/) | $382.0K | 5,283 | 0.4% | 4 |
| VANGUARD SCOTTSDALE FDS | [VMBS](https://holderbook.com/stocks/VMBS/) | $382.0K | 8,470 | 0.4% | 4 |
| WALKER & DUNLOP INC | [WD](https://holderbook.com/stocks/WD/) | $309.0K | 3,686 | 0.3% | 4 |
| MERCADOLIBRE INC | [MELI](https://holderbook.com/stocks/MELI/) | $290.0K | 350 | 0.3% | 4 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $266.0K | 525 | 0.3% | 4 |
| ISHARES TR | [IBDQ](https://holderbook.com/stocks/IBDQ/) | $233.0K | 9,655 | 0.2% | 1 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $232.0K | 867 | 0.2% | 1 |
| ISHARES TR | [IBDR](https://holderbook.com/stocks/IBDR/) | $232.0K | 10,030 | 0.2% | 1 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $220.0K | 850 | 0.2% | 4 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $216.0K | 918 | 0.2% | 1 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $215.0K | 1,198 | 0.2% | 4 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $200.0K | 561 | 0.2% | 4 |
| ELECTROCORE INC | [ECORXXXX](https://holderbook.com/stocks/ECORXXXX/) | $23.0K | 57,639 | 0.0% | 4 |

## 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 | -4.9% | -5.3% | +0.5% | 100% |
| Q2 2022 | -14.2% | -16.5% | +2.3% | 100% |
| Q1 2022 | -6.3% | -4.9% | -1.4% | 104% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2022 | $106.1M | 24 |
| Q2 2022 | $109.8M | 25 |
| Q1 2022 | $127.4M | 31 |
| Q4 2021 | $114.3M | 31 |