Cahaba Wealth Management, Inc. Q2 2023 vs. Q3 2023 13F Holdings Comparison

Introduction:

Cahaba Wealth Management, Inc. recently released their Q2 2023 and Q3 2023 13F Holdings Comparison, showcasing the changes in their holdings for various funds and stocks. In this article, we will analyze the significant changes in holdings and explore the potential implications for investors.

Understanding the 13F Holdings Comparison:

A 13F filing is a quarterly report required by the U.S. Securities and Exchange Commission (SEC) for institutional investment managers with assets under management above a certain threshold. These reports provide valuable insights into the holdings of various funds, allowing investors to assess the strategies and performance of investment managers.

Key Findings:

1. IVV (ISHARES TR): Despite a slight decrease of 1.3%, IVV's holdings increased from 558,694 shares to 572,602 shares. The value also decreased from $249,015,000 to $245,892,000 in Q3 2023.

2. AGG (ISHARES TR): AGG's holdings saw a minor decrease of 2.8%, with shares decreasing from 1,286,317 to 1,302,294. The value decreased from $125,994,000 to $122,467,000.

3. VXUS (VANGUARD STAR FDS): VXUS experienced a decrease of 3.7% in shares, from 447,841 to 452,051. The value declined from $25,114,000 to $24,193,000.

4. PEPSICO INC (PEP): PEP's holdings remained relatively stable with a slight decrease of 9.2%, from 8,939 shares to 8,869 shares. The value decreased from $1,655,000 to $1,502,000.

5. MICROSOFT CORP (MSFT): MSFT's holdings increased by 7.8%, with shares rising from 11,402 to 13,261. The value also increased from $3,882,000 to $4,187,000.

6. AMAZON COM INC (AMZN): AMZN's holdings had a significant increase of 18.9%, with shares rising from 9,740 to 11,878. The value increased from $1,269,000 to $1,509,000.

7. HOME DEPOT INC (HD): HD's holdings decreased by 16%, with shares decreasing from 4,622 to 3,991. The value declined from $1,435,000 to $1,205,000.

Implications for Investors:

1. Sector Diversification: The comparison of holdings shows the diversification of the funds managed by Cahaba Wealth Management, Inc. Investors can analyze the changes in holdings to assess the fund's exposure to different sectors and industries.

2. Performance Assessment: The increase or decrease in holdings can provide insights into the investment manager's performance and strategies. Positive changes indicate a favorable outlook, while negative changes may require further analysis and evaluation.

3. Trend Identification: By comparing the holdings over different quarters, investors can identify emerging trends and potential investment opportunities. They can closely monitor the changes in holdings to align their investment strategies accordingly.

4. Risk Management: The changes in holdings also offer a glimpse into the risk management approach of the investment manager. Investors can assess the fund's exposure to specific stocks or sectors to make informed decisions about portfolio diversification.

Conclusion:

Cahaba Wealth Management, Inc.'s Q2 2023 vs. Q3 2023 13F Holdings Comparison provides valuable insights into the changes in holdings for various funds and stocks. Analyzing these changes can help investors assess the fund's performance, identify investment trends, and make informed decisions. It is crucial for investors to stay updated with the latest 13F filings to understand the dynamics of the funds they are invested in.