Berkshire Money Management, Inc. Q2 2023 vs. Q3 2023 13F Holdings Comparison

In the world of investing, staying on top of the latest changes in holdings is essential for making informed decisions. One company that has recently released its Q2 2023 and Q3 2023 13F holdings is Berkshire Money Management, Inc. In this article, we will compare the holdings of the company between these two quarters and analyze the significant changes that have occurred.

Before we dive into the specifics, let's briefly understand what 13F filings are. A 13F filing is a report required by the Securities and Exchange Commission (SEC) for institutional investment managers with assets under management of $100 million or more. These reports disclose the manager's holdings of publicly traded securities, providing valuable insights into their investment strategies.

Now, let's take a closer look at Berkshire Money Management, Inc.'s Q2 2023 and Q3 2023 13F holdings.

1. SPDR S&P 500 ETF TR (SPY):

- Q2 2023 (SHARES): 262,046

- Q3 2023 (SHARES): 290,061

- Q2 2023 VALUE ($000): 116,159

- Q3 2023 VALUE ($000): 123,995

- Change: +6.7%

The first notable change in Berkshire Money Management, Inc.'s holdings is the increase in shares of the SPDR S&P 500 ETF TR (SPY). This popular ETF tracks the performance of the S&P 500 index and is widely used by investors to gain exposure to the U.S. stock market. Berkshire Money Management, Inc. raised its stake in SPY by 28,015 shares, resulting in a 6.7% increase in the value of their holdings.

2. INNOVATOR ETFS TR (BJUL):

- Q2 2023 (SHARES): 25,645

- Q3 2023 (SHARES): 2,097,323

- Q2 2023 VALUE ($000): 904

- Q3 2023 VALUE ($000): 72,294

- Change: +7,891.6%

The most significant change in Berkshire Money Management, Inc.'s holdings comes from their investment in Innovator ETFs TR (BJUL). The company significantly increased its position in BJUL, adding 2,071,678 shares. This substantial increase resulted in a staggering 7,891.6% surge in the value of their holdings. BJUL is an ETF that seeks to provide exposure to the performance of the S&P 500 Index with the potential for enhanced returns during favorable market conditions.

3. SPDR DOW JONES INDL AVERAGE (DIA):

- Q2 2023 (SHARES): 192,470

- Q3 2023 (SHARES): 198,564

- Q2 2023 VALUE ($000): 66,180

- Q3 2023 VALUE ($000): 66,509

- Change: +0.5%

Berkshire Money Management, Inc. also made a slight increase in its holdings of the SPDR Dow Jones Industrial Average ETF (DIA). The company added 6,094 shares, resulting in a 0.5% increase in the value of their holdings. DIA tracks the performance of the Dow Jones Industrial Average, providing investors with exposure to 30 of the largest blue-chip companies in the United States.

4. VANGUARD SPECIALIZED FUNDS (VIG):

- Q2 2023 (SHARES): 448,319

- Q3 2023 (SHARES): 350,478

- Q2 2023 VALUE ($000): 72,820

- Q3 2023 VALUE ($000): 54,457

- Change: -25.2%

On the other hand, Berkshire Money Management, Inc. decreased its position in Vanguard Specialized Funds (VIG). The company reduced its holdings by 97,841 shares, resulting in a 25.2% decrease in the value of their holdings. VIG is an ETF that focuses on large-cap U.S. stocks with a history of increasing dividends. This change suggests that Berkshire Money Management, Inc. might be shifting its strategy in favor of other investments.

5. DIREXION SHS ETF TR (QQQE):

- Q2 2023 (SHARES): 418,880

- Q3 2023 (SHARES): 720,898

- Q2 2023 VALUE ($000): 32,245

- Q3 2023 VALUE ($000): 53,901

- Change: +67.2%

Berkshire Money Management, Inc. significantly increased its holdings in Direxion Shares ETF Trust (QQQE). The company added 302,018 shares, resulting in a substantial 67.2% increase in the value of their holdings. QQQE aims to provide investment results that correlate with three times the daily performance of the NASDAQ-100 Index. This increase suggests that Berkshire Money Management, Inc. is bullish on the tech-heavy NASDAQ-100 index.

These are just a few examples of the changes in holdings made by Berkshire Money Management, Inc. between Q2 2023 and Q3 2023. It's worth noting that these changes reflect the company's investment strategy and outlook on various sectors and asset classes.

In conclusion, tracking the holdings of institutional investors like Berkshire Money Management, Inc. can provide valuable insights into the investment landscape. By comparing their holdings over different quarters, we can identify significant changes and possibly gain inspiration for our own investment decisions. However, it's important to conduct further research and consider other factors before making any investment choices.