Aries Wealth Management Q4 2022 vs. Q1 2023 13F Holdings Comparison: Analyzing the Changes in Holdings

As the financial year comes to an end, Aries Wealth Management has released its Q4 2022 vs. Q1 2023 13F Holdings comparison. This quarterly document highlights the top holdings of the firm and any changes in these holdings over the past quarter. This insight provides a glimpse into the investment strategy of the firm, along with the performance of its investments.

In this blog post, we will analyze the changes in holdings of Aries Wealth Management and explore the reasoning behind these shifts. We will also examine the performance of these investments and provide our take on the future prospects of these holdings.

Main Body:

The report highlights that Aries Wealth Management maintained a relatively stable portfolio in Q1 2023, with only a few minor adjustments. The firm's top five holdings, Apple Inc, Microsoft Corp, Vanguard Index FDS, Vanguard Index FDS, and SPDR Ser TR, did not see any significant changes.

However, some of the smaller holdings have seen significant changes during the quarter. For instance, Caterpillar Inc decreased by 3.9%, while Home Depot Inc decreased by 7.6%. On the other hand, some holdings saw significant increases in share numbers, such as Meta Platforms Inc. Six of the holdings, including JP Morgan Exchange Traded F, showed a major decrease in holdings from Q4 2022 to Q1 2023.

An important feature of the report is the percentage change in value between Q4 2022 and Q1 2023. Unsurprisingly, the overall value of the portfolio has shown an increase of 10.2%, from $114,911,000 to $126,504,000. The portfolio's value has primarily been driven by the increase in share numbers of big-name stocks such as Amazon.com Inc (25.2%) and Alphabet Inc (17.4%).

However, a few holdings have seen a significant decline in value. Pharmaceutical giant Pfizer Inc and health insurance giant UnitedHealth Group Inc saw double-digit percentage drops in value between Q4 2022 and Q1 2023, at 20.4% and 9.7%, respectively.

Conclusion:

In conclusion, Aries Wealth Management maintained a stable portfolio despite the impact of the financial crisis in Q1 2023. While a few holdings, such as Caterpillar Inc and Home Depot Inc, saw declines, the portfolio's value has primarily been driven by big-name stocks, such as Amazon.com and Alphabet Inc. We believe that Aries Wealth Management's Q4 2022 vs. Q1 2023 13F Holdings comparison provides an insight into the investment strategy of the firm, and the performance of its investments. This report undoubtedly provides a starting point for any investors looking to gain inspiration for their own portfolios.