Analyzing Mirador Capital Partners LP's Technology-Focused Hedge Fund Portfolio: Q4 2022 vs. Q1 2023 13F Holdings Report

Mirador Capital Partners LP is a hedge fund with a focus on the technology sector. Their latest 13F holdings report shows their investment activities for Q4 2022 versus Q1 2023, including changes in the number of shares held and the value of those holdings. Here’s a breakdown of the fund's top holdings and changes in their portfolio.

First, let's look at Mirador Capital Partners' top five holdings. The top five holdings include Invesco Exchange Traded Fund Trust II – Invesco S&P 500 BuyWrite ETF (BSJN), ProShares UltraShort S&P500 (SH), Apple Inc. (AAPL), Berkshire Hathaway Inc. Del (BRK-B), and Invesco Exchange Traded Fund Trust II – Invesco S&P 500 High Dividend Low Volatility ETF (BSJO). These positions represent 26.2% of their overall portfolio.

One of the most significant changes in Mirador Capital Partners' portfolio during Q4 2022 and Q1 2023 was their increase in holdings of BSJO. They acquired 525,655 shares in Q1 2023 compared to 191,587 shares in Q4 2022, representing an increase of 178.5%. Their investment in this ETF has also increased in value, from $4.24 million to $11.8 million over the same period.

Another significant shift in the portfolio is the sale of ProShares UltraShort S&P500 (SH). The fund reduced its holdings of SH by 28.3%, selling 282,858 shares, down from 1.752 million in Q4 2022. This move represented a major change, as the fund's holdings had included significant exposure to the short position on the S&P 500.

Mirador Capital Partners' investment in Apple Inc. (AAPL) saw an increase in shares held from 105,558 to 101,119, with the value of those holdings going from $13.7 million to $16.6 million, a rise of 21.6%. This increase in investment could have significant implications on the fund's overall performance and is worth keeping an eye on.

There were some sharp decreases in holdings as well, such as Invesco Exchange Traded Fund Trust II – Invesco S&P 500 Low Volatility ETF (BSCN), which saw a decrease of 51.1% in shares held, and the value of those holdings declining from $21.9 million to $10.7 million.

Phillips 66 (PSX) saw a decrease of 7% in the value of their holdings, from $4.8 million to $4.5 million. Other positions that saw their value drop during the quarter include UnitedHealth Group Inc. (UNH) and Bristol-Myers Squibb Co (BMY), which experienced decreases of 20.8% and 7.1%, respectively.

One company that experienced a significant increase in its position in the fund's portfolio was Meta Platforms Inc. (META). Their shares increased from 5,196 to 18,059, representing an increase of 247.9%, while the value of their holdings increased from $625,000 to $3.83 million, or an increase of 512.1%.

Overall, there were both gains and losses for the fund during the quarter. The increases in holdings in some of their top companies, such as AAPL and BSJO, could have a significant effect on the fund's overall performance. However, the decreases in holdings of other companies, such as BAC and BSCN, will also have an impact.

In conclusion, Mirador Capital Partners LP's Q4 2022 vs. Q1 2023 13F Holdings Comparison reveals some significant changes in their portfolio. While some positions increased, others decreased, showing a willingness on the part of the company to shift its investment strategies. Investors will be keeping an eye on these changes to determine the direction of the firm's future investment activities.