Thanks for the observation. I did not notice that during that period as my attention was focused on my adjustment to early retirement, taxable account cashflow, and pandemic stuff so I did not pay attention as much as I usually do.According to my records, they started making a change in late 2020/early 2021 from value tilted to growth tilted and were heavily growth by late 2021.
I own Wellington in my Roth. Wellington did a bit of a ‘style change’ in early 2024 when they sold some of their traditional ‘cokes and smokes’ type of stocks and went into the more popular winners. Wellington did cite this in the 2023 annual report that:
To make up for this, Wellington went from owning zero shares of NVIDIA at the end of 2023 to nearly 34M by May of 2024, finished the year at just under 40M shares, and now sits at 37,638,290 as of the end of June Does Wellington turn into a momentum investing fund going forward? Nobody knows.
I resumed focus on my Roth components in 2022 when I knew that rates would be going up but was mostly looking at the fixed income side. I even failed to download the reports and prospectuses for 2020 and 2021 which is an anomaly for me.
Statistics: Posted by Hacksawdave — Wed Sep 24, 2025 2:50 pm — Replies 9 — Views 1196