AE Wealth Management LLC Q1 2023 vs. Q2 2023 13F Holdings Comparison

Apple's Holdings Increase, While Exxelon Mobil Experiences a Decrease in AE Wealth Management's Q1 2023 vs. Q2 2023 Report

AE Wealth Management, a prominent investment firm, recently released its Q1 2023 vs. Q2 2023 13F Holdings Comparison report, showcasing the changes in their fund holdings during this period. The report provides valuable insights into the shifting landscape of the fund's investments.

One of the standout companies in AE Wealth Management's portfolio is Apple Inc. (AAPL), which experienced a significant increase in holdings from Q1 2023 to Q2 2023. In Q1 2023, AE Wealth Management held 2,563,831 shares of Apple, but by Q2 2023, that number had risen to 2,674,118 shares. This increase of 110,287 shares represents a growth of 4.3% in the fund's overall holdings for this company.

Apple's strong performance during this period likely influenced AE Wealth Management's decision to increase its holdings. The tech giant has been a reliable performer in the stock market, consistently delivering impressive financial results. With its innovative products and loyal customer base, Apple continues to be a favored investment choice among many institutional investors.

On the other hand, Exxelon Mobil Corp (XOM) experienced a decrease in AE Wealth Management's holdings. In Q1 2023, the fund held 1,129,524 shares of Exxelon Mobil, but by Q2 2023, that number had decreased to 832,026 shares. This reduction of 297,498 shares corresponds to a decline of 26.4% in the fund's overall holdings for the company.

The decrease in AE Wealth Management's holdings of Exxelon Mobil may be attributed to various factors. The energy sector, in which Exxelon Mobil operates, faced some challenges during this period, including fluctuating oil prices and a shifting regulatory environment. These factors could have influenced AE Wealth Management's decision to reduce its exposure to the company.

It's important to note that these changes in holdings are just a snapshot of AE Wealth Management's larger investment strategy. Fund managers continually evaluate their portfolio to optimize returns and manage risk. The Q1 2023 vs. Q2 2023 13F Holdings Comparison report provides valuable insights into the fund's decision-making process and highlights the industry trends that can impact investment decisions.

AE Wealth Management's report also showcases other notable changes in holdings. Microsoft Corp (MSFT), another tech giant, experienced a significant increase in holdings during this period. In Q1 2023, the fund held 807,751 shares of Microsoft, which rose to 935,764 shares in Q2 2023. This represents a growth of 15.9% in the fund's overall holdings for the company. Microsoft's strong performance and diverse product offerings likely contributed to AE Wealth Management's decision to increase its holdings.

Additionally, Invenergy QQQ Trust (QQQ), an exchange-traded fund that tracks the performance of the Nasdaq 100 Index, experienced a substantial increase in AE Wealth Management's holdings. In Q1 2023, the fund held 655,046 shares of QQQ, which grew to 750,253 shares in Q2 2023. This represents a remarkable growth of 14.5% in the fund's overall holdings for the exchange-traded fund.

AE Wealth Management's Q1 2023 vs. Q2 2023 13F Holdings Comparison report provides valuable insights into the fund's investment decisions and highlights the evolving landscape of the stock market. As institutional investors navigate the ever-changing financial landscape, reports like these offer a glimpse into the strategies employed by investment professionals.

It's important to remember that past performance is not indicative of future results, and investment decisions should be based on a comprehensive analysis of market conditions, company fundamentals, and the investor's financial goals. AE Wealth Management's report serves as a valuable resource for investors looking to gain an understanding of industry trends and the investment strategies employed by institutional investors.