GM
Goldstein Munger & Associates Historical SEC 13F Holdings & Archive (Q3 2022)
Goldstein Munger & AssociatesCIK: 0001570251
Sector-focusedLong-term holderConcentrated strategy
Total reported value
$303.5M
Reporting period: 2022-09-30 · Number of holdings: 32
Goldstein Munger & Associates disclosed 32 holdings in its latest 13F filing for the period ending 2022-09-30, with total reported value of $303.5M and a quarterly turnover rate of 0.0%.
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Personality snowflake
- Concentration
- 83.23
- Portfolio Stability
- 0
- Momentum
- 50
- Sector conviction
- 100
- Diversification
- 64
- Sizing Uniformity
- 75.83
Goldstein Munger & Associates's disclosed holdings carry a Herfindahl concentration index of 0.208 — mathematically equivalent to about 5 equally-sized positions, well below its 32 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes vary widely across the portfolio (a coefficient of variation of 2.42), with a handful of outsized bets alongside many smaller positions.
No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.
Sector classification currently covers about 1% of this portfolio's disclosed value; the remainder includes holdings (e.g. unmapped tickers, options, or other security types) not yet covered by our sector mapping.
Source and citation information
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Recent moves
View source Form 13F filing on SEC.govNo holding changes this quarter
Holdings Map
New buyAddUnchangedTrim
Top 10 holdings by weight
Full holdings list this quarter
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | IWB | Ishares Russell 1000 ETF | ETF-Other | 42.80% | — | +0.81% | |
| 2 | EFA | Ishares Msci Eafe ETF | ETF-Other | 8.09% | — | +1.25% | |
| 3 | IWM | Ishares Russell 2000 ETF | ETF-Small Cap | 5.76% | — | +1.21% | |
| 4 | IAU | Ishares Gold Trust | ETF-Commodities | 5.55% | — | -15.95% | |
| 5 | VEA | Vanguard Ftse Developed ETF | ETF-Other | 5.44% | — | -1.64% | |
| 6 | VWO | Vanguard Ftse Emerging Marke | ETF-Emerging Markets | 4.37% | — | -3.23% | |
| 7 | IWF | Ishares Russell 1000 Growth | ETF-Other | 4.07% | — | -0.34% | |
| 8 | EEM | Ishares Msci Emerging Market | ETF-Emerging Markets | 3.58% | — | +4.98% | |
| 9 | GLD | Spdr Gold Shares | ETF-Commodities | 3.47% | — | -24.02% | |
| 10 | IWD | Ishares Russell 1000 Value E | ETF-Other | 3.28% | — | — | |
| 11 | VYM | Vanguard High Dvd Yield ETF | ETF-Other | 2.38% | — | — | |
| 12 | VHT | Vanguard Health Care ETF | ETF-Other | 2.37% | — | +0.56% | |
| 13 | IWV | Ishares Russell 3000 ETF | ETF-Other | 1.67% | — | +1.21% | |
| 14 | INTC | Intel CORP | Stock-Tech | 1.04% | — | — | |
| 15 | VTI | Vanguard Total Stock Mkt ETF | ETF-Other | 0.94% | — | — | |
| 16 | IWN | Ishares Russell 2000 Value E | ETF-Small Cap | 0.84% | — | -1.67% | |
| 17 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-Large Cap & Growth | 0.78% | — | — | |
| 18 | IWO | Ishares Russell 2000 Growth | ETF-Small Cap | 0.76% | — | — | |
| 19 | VTV | Vanguard Value ETF | ETF-Other | 0.54% | — | — | |
| 20 | VTWO | Vanguard Russell 2000 ETF | ETF-Small Cap | 0.39% | — | +5.14% | |
| 21 | IVW | Ishares S&p 500 Growth ETF | ETF-Large Cap & Growth | 0.30% | — | — | |
| 22 | IJR | Ishares Core S&p Small-cap E | ETF-Small Cap | 0.21% | — | — | |
| 23 | IJH | Ishares Core S&p Midcap ETF | ETF-Other | 0.21% | — | — | |
| 24 | EFV | Ishares Msci Eafe Value ETF | ETF-Other | 0.19% | — | — | |
| 25 | EFG | Ishares Msci Eafe Growth ETF | ETF-Other | 0.19% | — | — | |
| 26 | SCHB | Schwab US Broad Market ETF | ETF-Other | 0.18% | — | — | |
| 27 | VUG | Vanguard Growth ETF | ETF-Other | 0.14% | — | — | |
| 28 | IJS | Ishares S&p Small-cap 600 Va | ETF-Other | 0.12% | — | — | |
| 29 | IJT | Ishares S&p Small-cap 600 Gr | ETF-Other | 0.09% | — | — | |
| 30 | CDNS | Cadence Design Sys Inc | Stock-Tech | 0.09% | — | -30.43% | |
| 31 | SCHE | Schwab Emrg Mrkts Eqty ETF | ETF-Other | 0.08% | — | — | |
| 32 | VV | Vanguard Large-cap ETF | ETF-Other | 0.07% | — | — |
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
| Period | Holdings | Total value | Stability | Top holdings | |
|---|---|---|---|---|---|
| 2022 Q3 | 32 | $303.5M | 0 | ||
| 2022 Q2 | 33 | $332.2M | 0 | ||
| 2022 Q1 | 36 | $385.8M | 0 | ||
| 2021 Q4 | 33 | $396.7M | 0 | ||
| 2021 Q3 | 33 | $372.7M | 0 | ||
| 2021 Q2 | 33 | $379.1M | 97 | ||
| 2021 Q1 | 34 | $358.0M | 10 | ||
| 2020 Q4 | 39 | $338.7M | 15 | ||
| 2020 Q3 | 38 | $297.6M | 13 | ||
| 2020 Q2 | 38 | $265.2M | 32 | ||
| 2020 Q1 | 36 | $203.0M | 22 | ||
| 2019 Q4 | 33 | $244.7M | 8 | ||
| 2019 Q3 | 33 | $226.8M | 2 | ||
| 2019 Q2 | 33 | $229.0M | 4 | ||
| 2019 Q1 | 35 | $229.1M | 12 | ||
| 2018 Q4 | 34 | $204.0M | 18 | ||
| 2018 Q3 | 36 | $236.0M | 10 | ||
| 2018 Q2 | 35 | $236.9M | 5 | ||
| 2018 Q1 | 36 | $232.3M | 3 | ||
| 2017 Q4 | 36 | $233.6M | 5 | ||
| 2017 Q3 | 35 | $223.3M | 5 | ||
| 2017 Q2 | 34 | $217.3M | 9 | ||
| 2017 Q1 | 40 | $227.5M | 6 | ||
| 2016 Q4 | 37 | $224.5M | 12 | ||
| 2016 Q3 | 31 | $219.2M | 2 | ||
| 2016 Q2 | 32 | $216.7M | 11 | ||
| 2016 Q1 | 32 | $230.4M | 11 | ||
| 2015 Q4 | 31 | $225.5M | 12 | ||
| 2015 Q3 | 33 | $220.1M | 13 | ||
| 2015 Q2 | 32 | $230.8M | 2 | ||
| 2015 Q1 | 30 | $234.3M | 4 | ||
| 2014 Q4 | 33 | $237.4M | 9 | ||
| 2014 Q3 | 31 | $242.1M | 4 | ||
| 2014 Q2 | 30 | $246.9M | 18 | ||
| 2014 Q1 | 24 | $217.2M | 17 | ||
| 2013 Q4 | 30 | $238.8M | 12 | ||
| 2013 Q3 | 31 | $256.6M | 10 | ||
| 2013 Q2 | 30 | $267.2M | 6 |
Holding changes this quarter
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|
Filing History
FAQ
What is Goldstein Munger & Associates and what type of investor is it?
Goldstein Munger & Associates is an investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2022-09-30), the firm manages a tracked equity portfolio valued at approximately $303.5M, spread across 32 disclosed positions.
What are Goldstein Munger & Associates's largest equity positions?
Based on the latest 13F filing, Goldstein Munger & Associates's top holdings by market value are:
1. Ishares Russell 1000 ETF (IWB) — $129.9M (42.8%)
2. Ishares Msci Eafe ETF (EFA) — $24.5M (8.1%)
3. Ishares Russell 2000 ETF (IWM) — $17.5M (5.8%)
4. Ishares Gold Trust (IAU) — $16.9M (5.5%)
5. Vanguard Ftse Developed ETF (VEA) — $16.5M (5.4%)
What changes did Goldstein Munger & Associates make in its most recent portfolio filing?
No notable portfolio changes were recorded for Goldstein Munger & Associates in the most recent quarter. Holdings appear to have remained relatively stable.
What sectors does Goldstein Munger & Associates focus on?
Goldstein Munger & Associates is concentrated in the following sectors based on its current disclosed equity portfolio:
• Information Technology: 100.0%
Investment Profile
Goldstein Munger & Associates's portfolio is concentrated and long-term-holding, with 100.0% of the portfolio concentrated in Information Technology.
It has added to its VTWO position over the past two quarters (+$34.0K, now $1.2M), while trimming IWB over the same stretch (-$34.5M, still holding $129.9M).
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