Aries Wealth Management Q3 2023 vs. Q4 2023 13F Holdings Comparison

Aries Wealth Management, a well-known investment firm, recently released its 13F holdings comparison report for Q3 2023 and Q4 2023. This report reveals the changes in the firm's holdings of various stocks during this period. Let's take a closer look at the major shifts and understand the implications.

1. Apple Inc (AAPL)

In Q3 2023, Aries Wealth Management held 96,386 shares of Apple Inc, which decreased to 94,936 shares in Q4 2023. The value of their holdings increased from $17,226,000 to $18,278,000, reflecting a 6.1% change. Despite the slight decrease in the number of shares, Aries Wealth Management's investment in Apple Inc continues to be strong.

2. Microsoft Corp (MSFT)

Aries Wealth Management owned 35,822 shares of Microsoft Corp in Q3 2023, which decreased to 35,374 shares in Q4 2023. However, the value of their holdings increased significantly from $11,915,000 to $13,302,000, indicating an 11.6% change. This suggests that Aries Wealth Management sees great potential in Microsoft Corp and has increased its investment accordingly.

3. Vanguard Index Funds (VB)

The holdings of Vanguard Index Funds by Aries Wealth Management saw a notable increase from Q3 2023 to Q4 2023. The number of shares held rose from 41,075 to 44,515, and the value of their holdings increased from $7,690,000 to $9,496,000. This represents a significant change of 23.5%, indicating Aries Wealth Management's confidence in the performance of these funds.

4. Caterpillar Inc (CAT)

Aries Wealth Management slightly reduced its holdings in Caterpillar Inc from 18,628 shares in Q3 2023 to 18,128 shares in Q4 2023. However, the value of their holdings remained relatively stable, with a small increase from $5,044,000 to $5,359,000. This minimal change reflects Aries Wealth Management's cautious approach towards their investment in Caterpillar Inc.

5. Exxon Mobil Corp (XOM)

A noticeable decrease in holdings was observed in Exxon Mobil Corp by Aries Wealth Management. In Q3 2023, they held 55,749 shares, which decreased to 48,681 shares in Q4 2023. The value of their holdings also decreased from $6,129,000 to $4,867,000, representing a significant drop of 20.6%. This suggests that Aries Wealth Management has reevaluated its position in Exxon Mobil Corp and made strategic adjustments.

6. Amazon.com Inc (AMZN)

Aries Wealth Management significantly increased its holdings in Amazon.com Inc from 30,564 shares in Q3 2023 to 41,397 shares in Q4 2023. The value of their holdings also increased from $4,051,000 to $6,289,000, indicating a significant change of 55.3%. This shows Aries Wealth Management's confidence in the growth and potential of Amazon.com Inc.

7. Procter and Gamble Co (PG)

Aries Wealth Management reduced its holdings in Procter and Gamble Co from 23,028 shares in Q3 2023 to 20,924 shares in Q4 2023. The value of their holdings also decreased from $3,363,000 to $3,066,000, representing an 8.8% change. This indicates a slight adjustment to their investment strategy in Procter and Gamble Co.

These are just a few of the notable changes in Aries Wealth Management's 13F holdings for Q3 2023 and Q4 2023. It's important to note that these changes reflect the firm's decision-making process and their analysis of market trends. Investors and industry enthusiasts can gain valuable insights from this report, helping them make informed decisions about their own investments.

In conclusion, Aries Wealth Management's Q3 2023 vs. Q4 2023 13F holdings comparison highlights the firm's strategic moves in the market. Their increased investment in certain companies and reduced holdings in others reflect their confidence in specific stocks. As always, it's essential for investors to conduct thorough research and analysis before making any investment decisions.