Analyzing Concorde Asset Management, LLC's Q3 and Q4 2022 13F filings: Major changes in holdings, including British American Tobacco, Ready Capital Corporation, and TD Ameritrade, and what they reveal about the fund's investment strategy.

Concorde Asset Management, LLC's Q3 2022 and Q4 2022 13F Holdings Comparison

Investors, analysts, and financial experts paid close attention to Concorde Asset Management, LLC's 13F filings for Q3 2022 and Q4 2022 to understand the changes in the holdings of the fund. This quarterly filing is a formal disclosure by registered investment advisors that lists their equity holdings, including stocks, bonds, and options, held for clients or themselves in the last quarter.

Concorde Asset Management, LLC, a registered investment advisor focusing on investment management, issued its Q3 and Q4 13F filings, revealing significant variations in its holdings. The following is a summary of the changes in the fund's holdings between Q3 and Q4 2022.

Top Holdings in Q3 and Q4 2022

The fund's top holdings were iShares Russell 1000 Value ETF (IWD), iShares Russell 1000 Growth ETF (IWF), and the Vanguard Total Stock Market ETF (VTI) in Q3 2022. Still, the Q4 2022 filings revealed changes to these holdings.

iShares Russell 1000 Value ETF (IWD): The fund sold its entire position (22,238 shares) in Q4, compared to the 20,183 shares on hand in Q3. The value of their investment dropped from $7.9 million to $7.7 million, representing a 2.8% change.

iShares Russell 1000 Growth ETF (IWF): Concorde Asset Management, LLC significantly reduced its holdings in IWF. In Q3, they held 10,719 shares, and in Q4, that number was down to 2,154, a decrease of over 80%.

Vanguard Total Stock Market ETF (VTI): The fund also reduced its holdings in VTI, selling 6,612 shares and finishing Q4 with a total of 44,020 shares.

Major Changes in Holdings for Q4 2022

While Concorde Asset Management, LLC made modifications to several positions, some of the most significant changes to holdings for the fund in Q4 2022 were as follows:

First Trust Value Line Dividend Index ETF (FVD): The fund increased its holdings in FVD by 38,248 shares, resulting in a significant jump in the value of the position, from $1.3 million to $2.9 million, a percentage increase of 131.4%.

Ready Capital Corporation (RC): Concorde Asset Management, LLC increased its position in Ready Capital Corporation by 70,872 shares, going from a holding of 72,920 shares in Q3 to 143,792 shares in Q4, amounting to an increase of 116.8%.

British American Tobacco (BTI): The fund increased its holdings in BTI from 31,652 shares in Q3 to 67,772 shares in Q4, representing a change of 141.1%.

TD Ameritrade Holding Corporation (TDIV): The fund added 30,973 shares of TDIV, resulting in its position increasing from 25,645 shares to 56,618 shares, an increase of 141.3%.

Overall, Concorde Asset Management, LLC made significant changes to its holdings in Q4 2022, primarily in response to market conditions and potential financial opportunities.

Conclusion

Concorde Asset Management, LLC's 13F filings for Q3 and Q4 2022 provided a glimpse into the fund's equity holdings and revealed major changes in the investments held by the fund. Investors and financial experts will continue to scrutinize these holdings to gain further insights into the fund's investment strategy and outlook.

Although these changes are significant, they don't necessarily provide a complete picture of the fund's investment strategy. Investors should incorporate other factors when making investment decisions, including research and analysis of individual stocks, market conditions, and potential future trends. Still, the Q3 and Q4 13F filings offer some valuable insights into the fund's investment decisions and changes in the market.