Breaking Down Omnia Family Wealth's Q3 to Q4 2022 13F Holdings: Winners and Losers in Shifts of ETF Shares

Omnia Family Wealth, LLC has recently reported its Q3 2022 to Q4 2022 13F holdings, and there have been some drastic shifts in the ETF shares held by the company. In this article, we'll take a closer look at some of the winners and losers in these changes, as well as some potential reasons for the shifts.

First, let's take a quick refresher on what 13F filings are. Any institutional investment manager who manages over $100 million in assets must file a 13F report with the SEC every quarter. The report lists the holdings of the manager's portfolio at the end of the quarter, including stocks, bonds, and options.

Now, let's dive into Omnia Family Wealth's holdings and how they've changed.

Winners:

1. IAU - iShares Gold TR (ishares New): Omnia Family Wealth increased its holdings in this ETF by a whopping 121.2%, from 95,523 shares in Q3 to 192,616 shares in Q4. The value of their holdings also increased from $3,012,000 to $6,662,000. This could be due to concerns over inflation and a desire for a safe haven asset like gold.

2. VWO - Vanguard FTSE Emerging Markets ETF: Omnia jumped on the emerging markets bandwagon, increasing its holdings in this ETF from 22,401 shares in Q3 to 162,746 shares in Q4. The value of their holdings also increased from $817,000 to $6,343,000. This is likely due to increasing economic growth in emerging markets and attractive valuations.

3. ARES - Ares MGMT Corp Com CL A: Omnia maintained its holdings in Ares Management during the Q3 and Q4 transition period. This is likely due to a stable financial performance and a belief in the long-term growth prospects of the company.

Losers:

1. GLD - SPDR Gold ETF: Gold may have lost some of its luster, as Omnia decreased its holdings in this ETF by 30.1%, from 53,387 shares in Q3 to 34,031 shares in Q4. The value of their holdings also decreased from $8,257,000 to $5,773,000. This could be attributed to a belief in the strengthening dollar and economic recovery after the COVID-19 pandemic.

2. VEA - Vanguard FTSE Developed Markets ETF: Omnia significantly reduced its holdings in this ETF by 67.7%, from 352,835 shares in Q3 to 98,604 shares in Q4. The value of their holdings also decreased from $12,829,000 to $4,138,000. This shift could be a result of concerns over developed markets' slower economic growth and potential underperformance compared to emerging markets.

3. GOOGL - Alphabet Inc Cap STK: Omnia reduced its holdings in Google's parent company by 44%, from 11,640 shares in Q3 to 7,060 shares in Q4. The value of their holdings also decreased from $1,113,000 to $622,000. This could be due to regulatory risks and potential antitrust concerns facing Big Tech.

Omnia Family Wealth's overall movements show a preference for riskier emerging markets and possible concerns over inflation. However, these movements could also reflect a level of diversification and rebalancing to maintain a well-rounded portfolio.

In conclusion, the Q3 to Q4 2022 13F holdings shift from Omnia Family Wealth, LLC reveals insightful changes in the market's performance and potential economic indicators. This latest report sets a precedent for future market predictions while highlighting valuable patterns and changes within Omnia's existing ETF portfolio.