American Asset Management Inc. Q2 2023 vs. Q3 2023 13F Holdings Comparison

American Asset Management Inc., a prominent investment management company, recently released its Q2 2023 and Q3 2023 13F holdings comparison. The 13F filings provide insights into the company's stock portfolio, revealing the changes in holdings and their corresponding values. Let's dive into the details of the significant alterations that occurred between these two quarters.

SPDR S&P 500 ETF TR (SPY):

American Asset Management Inc. showed an increase in its holdings of the SPDR S&P 500 ETF TR. In Q2 2023, they possessed 78,836 shares, whereas in Q3 2023, this number rose to 84,297 shares – an increment of 3.1%. In terms of value, the Q2 holdings amounted to $34,946,000, while the Q3 holdings reached $36,035,000.

ISHARES TR (TLT):

The holdings of ISHARES TR witnessed a slight decline between Q2 2023 and Q3 2023. American Asset Management Inc. owned 224,435 shares in Q2, and this number decreased to 223,036 shares in Q3, signifying a change of -14.4%. The value of the TLT holdings also experienced a decrease from $23,103,000 in Q2 to $19,781,000 in Q3.

INNOVATOR ETFS TR (POCT):

American Asset Management Inc. retained the same number of shares for INNOVATOR ETFS TR in both quarters, with 30,615 shares. However, there was a marginal increase of 1.5% in the value of these holdings, rising from $1,024,000 in Q2 to $1,039,000 in Q3.

ISHARES TR (IVV):

Similarly, the number of shares held by American Asset Management Inc. in ISHARES TR (IVV) remained the same in both quarters at 1,812 shares. However, the value of these holdings experienced a slight decrease from $807,000 in Q2 to $778,000 in Q3 (-3.7%).

INNOVATOR ETFS TR (PJAN):

The company once again maintained its holdings with INNOVATOR ETFS TR, totaling 20,680 shares in both Q2 and Q3. Although there was a negligible drop of -0.9% in the value of these holdings, going from $726,000 in Q2 to $719,000 in Q3.

APPLE INC (AAPL):

The company made a significant change in its holdings of APPLE INC (AAPL). In Q2 2023, American Asset Management Inc. held 2,980 shares of the tech giant, but this number decreased to 2,575 shares in Q3, indicating a change of -23.7%. The value of the AAPL holdings also experienced a notable drop from $578,000 in Q2 to $440,000 in Q3.

BERKSHIRE HATHAWAY INC DEL (BRK-B):

American Asset Management Inc. slightly reduced its holdings of BERKSHIRE HATHAWAY INC DEL. The number of shares went down from 1,078 in Q2 2023 to 1,052 in Q3 2023 (-0.2%). However, the value of these holdings remained relatively stable, with $367,000 in Q2 and $368,000 in Q3.

THE REALREAL INC (REAL):

In terms of holdings of THE REALREAL INC, American Asset Management Inc. retained the same number of 100,000 shares in both Q2 and Q3. However, there was a decrease in the value of these holdings from $222,000 in Q2 to $211,000 in Q3 (-5%).

SPDR GOLD TR (GLD):

A notable change occurred in American Asset Management Inc.'s holdings of SPDR GOLD TR. In Q2 2023, they owned 162,334 shares, but in Q3 2023, they liquidated their entire position, resulting in zero shares. The value of the GLD holdings also dropped from $28,939,000 in Q2 to zero in Q3 (-100%).

ISHARES GOLD TR (IAU):

Similarly, the company divested from ISHARES GOLD TR in Q3, selling all 98,905 shares it previously held in Q2. The value of these holdings went down from $3,599,000 in Q2 to zero in Q3 (-100%).

NVIDIA CORPORATION (NVDA):

American Asset Management Inc. completely sold its 1,000 shares of NVIDIA CORPORATION in Q3, resulting in zero shares in their portfolio. The value of the NVDA holdings also declined from $423,000 in Q2 to zero in Q3 (-100%).

COSTCO WHSL CORP NEW (COST):

The same pattern followed for COSTCO WHSL CORP NEW, with the company disposing of its 550 shares in Q3, bringing the total shares to zero. The value of the COST holdings also dropped from $296,000 in Q2 to zero in Q3 (-100%).

META PLATFORMS INC (META):

American Asset Management Inc. made a complete exit from META PLATFORMS INC, selling all 975 shares it previously held in Q2. The value of the META holdings decreased from $279,000 in Q2 to zero in Q3 (-100%).

MASTERCARD INCORPORATED (MA):

Similar to previous instances, American Asset Management Inc. sold all of its 600 shares of MASTERCARD INCORPORATED in Q3, resulting in zero shares. The value of the MA holdings dropped from $235,000 in Q2 to zero in Q3 (-100%).

VISA INC (V):

Lastly, American Asset Management Inc. fully sold its 850 shares of VISA INC in Q3, rendering zero shares in their portfolio. The value of the V holdings also decreased from $201,000 in Q2 to zero in Q3 (-100%).

In conclusion, American Asset Management Inc. made notable adjustments to its portfolio between Q2 2023 and Q3 2023 based on the 13F filings. These changes included both increments and decreases in holdings, demonstrating the dynamic nature of their investment strategy.