Analyzing McAdam LLC's Changes in Holdings for Q3 and Q4 2022: Insights into Investment Strategies.

McAdam LLC is a registered investment advisory firm that offers investment strategies to high-net-worth individuals and institutional clients. Recently, the company filed its 13F form with the Securities and Exchange Commission showing the changes in holdings for Q3 2022 and Q4 2022. In this blog post, we will look at the changes in McAdam LLC's holdings, analyze the changes, and offer insights into the firm's investment strategies.

Let's start by looking at the top holdings for McAdam LLC in Q3 2022. The firm's top holdings were SCHX, FNDX, and SCHG. SCHX is the Schwab Strategic TR, and it provides exposure to large-cap US equities. FNDX, another Schwab Strategic TR fund, is a large-cap blend fund that tracks the Dow Jones U.S. Total Stock Market Index. SCHG is also a Schwab Strategic TR fund that is focused on growth-oriented equities. In Q3 2022, McAdam LLC had 2,435,029 shares of SCHX, 2,068,672 shares of FNDX, and 1,400,710 shares of SCHG.

Now, let's look at the changes in the Q4 2022 holdings. McAdam LLC reduced its holdings in SCHX, FNDX, and SCHG. The firm had 1,174,358 shares of SCHX, 1,895,451 shares of FNDX, and 645,983 shares of SCHG in Q4 2022. The percentage changes in these holdings were 51.8%, 8.4%, and -53.8%, respectively. These changes suggest that McAdam LLC may have been reducing its exposure to these large-cap equities in Q4 2022.

On the other hand, McAdam LLC increased its holdings in some other funds. For example, the holdings in SPDR SER TR's MDYG fund increased from 317,068 shares in Q3 2022 to 346,338 shares in Q4 2022, representing an increase of 9.2%. MDYG is a mid-cap blend fund that tracks the S&P MidCap 400 Index. McAdam LLC also increased its holdings in SCHZ, a bond fund, and SCHF, an international equity fund, by 1.7% and 3.3%, respectively.

Another interesting change in the holdings is the increase in the holdings of INVESCO EXCHANGE TRADED FD T's RSP fund. RSP is an equal-weighted fund that tracks the S&P 500 Equal Weight Index. McAdam LLC had 180,938 shares of RSP in Q3 2022, which increased to 168,278 shares in Q4 2022, representing a decrease of 7.0%. The decrease in the number of shares held in RSP may indicate that McAdam LLC was reducing its exposure to the US large-cap equities in Q4 2022, but it still remained overweight in the equal-weighted S&P 500 index.

In terms of sector allocation, McAdam LLC had a significant allocation in the financial sector. The top four holdings, SCHX, FNDX, SCHG, and SCHF, are all heavily weighted in the financial sector. The company also had exposure to the technology sector, with holdings in AAPL, MSFT, and GOOGL. The allocation to the healthcare sector was also notable, with holdings in ABBV and JNJ.

In conclusion, McAdam LLC reduced its holdings in some of its top holdings, including SCHX, FNDX, and SCHG, in Q4 2022. The firm increased its allocation to mid-cap equities and bond funds, while still maintaining exposure to US large-cap equities and overweighting the equal-weighted S&P 500 index. The company's significant allocation to the financial sector suggests a bullish outlook on financials, while its exposure to the technology and healthcare sectors shows a diversified portfolio. Overall, the changes in the holdings show that McAdam LLC is actively managing its portfolio and adjusting its exposures to reflect its views on the market.