Assetmark, Inc Q4 2022 vs. Q1 2023 Fund Holdings: A Comparison Report

Assetmark, Inc is a global asset management firm that provides distinct investment solutions to investors through mutual funds, managed accounts, and separately managed accounts. As 2022 ends, mutual funds' last quarter holdings become public through the 13F filings with the Securities and Exchange Commission (SEC). In this article, we explore the comparison of Assetmark, Inc's Q4 2022 and Q1 2023 holdings with an emphasis on the biggest changes in percentages and value.

Vanguard Mega Cap Growth ETF (MGK)

Vanguard Mega Cap Growth ETF held 6396298 shares worth $1100610 in Q4 2022, an increase of 20.7% in Q1 2023, where it held 6495393 shares worth $1328372. The rise in shares increased its value by 20.7%.

iShares 1-3 Yr Treas Bd (SHY)

iShares 1-3 Yr Treas Bd took a massive jump of 187.4% in holdings, increasing its share by 2,558,175. In Q4 2022, the firm held 2478355 shares, worth $201168. However, in Q1 2023, it held 7037530 shares, worth $578203. This increase in shares led the funds’ value soaring up by 187.4% in Q1.

iShares iBoxx Inv Cp ETF (LQD)

The iShares iBoxx Inv Cp ETF increased its holdings by 21.5% as per the Q1 2023 report. In Q4 2022, the firm held 4329567 shares worth $456466; in Q1 2023, it held 5061859 shares worth $554830. This increase led to a 21.5% rise in the funds’ value.

iShares Tr 20 Yr Tr Bd ETF (TLT)

iShares Tr 20 Yr Tr Bd ETF held 4568509 shares worth $454840 in Q4 2022, while it held 4691914 shares worth $499078 in Q1 2023, a 9.7% increase. This hike in shares increased the funds’ value by 9.7%.

SPDR SER TR BLOOMBERG 1-3 MO (BIL)

SPDR SER TR BLOOMBERG shares fell by 22.1% in Q1 2023. In Q4 2022, the firm held 6914136 shares worth $632436, while in Q1 2023, it held 5367007 shares worth $492798. This decrease led to a 22.1% drop in the funds’ value.

Microsoft Corp Com (MSFT)

Microsoft Corp Com rose by 28.3% in funds value, with an increase in holdings from 1051864 shares worth $252257 in Q4 2022 to 1122764 shares worth $323692 in Q1 2023.

Select Sector Spdr Tr Technology (XLK)

The Select Sector Spdr Tr Technology also saw an increase of 11.8% in fund value, with an increase in the number of shares from 1257735 shares worth $156512 in Q4 2022 to 1159159 shares worth $175044 in Q1 2023.

Conclusion

The Assetmark, Inc Q4 2022 vs. Q1 2023 holdings comparison report highlights a mixed trend in changes in holdings from Q4 2022 to Q1 2023. While some funds saw their value rise, others observed a decline. However, with this report, investors can better understand how Assetmark, Inc is managing its portfolio and make informed decisions about their investment strategy.