Analyzing Changes in Holdings: Hollow Brook Wealth Management LLC Q3 2022 vs. Q4 2022

Hollow Brook Wealth Management LLC, a Registered Investment Advisor located in New York City, offers clients wealth management solutions through active investment in equity, fixed income, and alternative investment strategies. In their latest 13F holdings comparison report, it shows that the company has increased its shareholdings in some of the largest companies in the world which include Apple, Johnson & Johnson, and Microsoft while decreasing its holdings in CarMax, Alphabet Inc., and Amazon.com.

The Q3 2022 vs. Q4 2022 13F Holdings Comparison report also shows that Hollow Brook Wealth Management LLC has increased its shares in World Gold TR by 19.3%, totaling 1028942 shares worth $37237 in Q4 2022. Vaneck ETF Trust, another company that the firm has added to its portfolio holdings, shows a 30.7% increase totaling 527007 shares worth $15104 in Q4 2022.

In this article, we will dive deeper into the report and analyze the changes in holdings of Hollow Brook Wealth Management LLC. We will also try to determine the possible reasons that have led to those changes.

Hollow Brook Wealth Management LLC's Top Holdings in Q4 2022

The top five holdings of Hollow Brook Wealth Management LLC in Q4 2022 are World Gold TR, Vaneck ETF Trust, Apple Inc., Johnson & Johnson, and Microsoft Corp. The company showed significant interest in World Gold TR by increasing its shares from 946588 in Q3 2022 to 1028942 in Q4 2022. This increase in holdings can be attributed to the company's belief that World Gold TR is a safe-haven asset that can protect their clients' portfolios from any upcoming macroeconomic events.

Vaneck ETF Trust is another company that has garnered the company's interest in Q4 2022. The company has increased its shares in the company by 30.7%, totaling 527007 shares worth $15104. Vaneck ETF Trust is an ETF that tracks the performance of companies in the global gold mining industry.

Apple Inc. is another company that the firm has increased its holdings by 20.9%, totaling 66200 shares worth $8601. Johnson & Johnson and Microsoft Corp. are the other two companies that have increased their holdings by 9.2% and 2.8%, respectively.

Hollow Brook Wealth Management LLC's Decreased Holdings in Q4 2022

Hollow Brook Wealth Management LLC has decreased its holdings in a few companies from Q3 to Q4 2022. CarMax, Alphabet Inc., and Amazon.com are the three companies that have seen a reduction in their holdings.

The percentage of CarMax holdings was decreased by 7.8% from Q3 to Q4 2022. The company holds 98560 shares of CarMax worth $6001 in Q4 2022. This decrease in holdings can be attributed to the company's view that the automotive industry is facing headwinds due to various factors, including supply chain disruptions and increasing prices of raw materials.

Alphabet Inc. has been another company that has seen a reduction in its holdings. The company has decreased its holdings by 5.7%, totaling 52251 shares worth $4610 in Q4 2022. This decrease in holdings can be attributed to the increasing regulatory pressure on the technology sector, which includes Alphabet Inc.

Amazon.com has also seen a significant decrease in its holdings. The company has seen a decline of 30.4% and currently holds 16064 shares worth $1349 in Q4 2022. The company reportedly looks to invest in sectors that have been less affected by the COVID-19 pandemic.

Conclusion

In conclusion, Hollow Brook Wealth Management LLC has increased its holdings in some of the largest companies in the world, showing an interest in safe-haven assets like World Gold TR, which they believe can protect their clients' portfolios. The company has also decreased its holdings in companies like CarMax, Alphabet Inc., and Amazon.com. This shift in holdings can be attributed to various reasons ranging from supply chain disruptions and regulatory pressures to a lack of investor confidence in certain industries. Hollow Brook Wealth Management LLC's Q3 2022 vs. Q4 2022 13F Holdings Comparison report highlights the company's active investment strategy and their commitment to delivering superior returns to their clients.