Concourse Financial Group Securities, Inc. Q2 2023 vs. Q3 2023 13F Holdings Comparison

In this article, we will analyze the changes in holdings of funds during the second quarter (Q2) and the third quarter (Q3) of 2023. These changes provide valuable insights into the investment strategies and trends of financial institutions. We will delve into the top-performing and underperforming stocks, highlighting the reasons behind their performance and offering recommendations for investors.

ISHARES TR (IVV) - The top-performing stock in terms of value and share increase during Q2 and Q3 of 2023 is ISHARES TR. The value of their shares increased from $47,094,000 in Q2 to $51,812,000 in Q3, marking a 10% growth. They also experienced a significant increase in the number of shares from 105,662 to 120,100.

VANGUARD WORLD FD (MGC) - VANGUARD WORLD FD experienced a minimal decrease of 3.9% in share value during the Q2 to Q3 comparison. The number of shares declined from 224,671 to 222,490, and the value of those shares decreased from $35,152,000 to $33,789,000.

VANGUARD TAX MANAGED INTL FD (VEA) - Another fund that saw a decrease is VANGUARD TAX MANAGED INTL FD. Their shares declined by 6.2% with the number of shares dropping from 633,165 to 627,359 during Q2 and Q3. The value of those shares fell from $29,239,000 to $27,428,000.

ISHARES TR (AGG) - ISHARES TR experienced a minimal decline in shares and value during the Q2 and Q3 comparison. The number of shares increased slightly from 253,753 to 254,984, while the value of those shares decreased from $24,855,000 to $23,978,000, marking a drop of 3.5%.

ISHARES TR (IUSB) - ISHARES TR faced a significant decrease in both the number of shares and their value. The number of shares declined from 574,408 to 516,793, while the value of those shares decreased from $26,118,000 to $22,591,000, marking a drop of 13.5%.

VANGUARD INDEX FDS (VO) - VANGUARD INDEX FDS experienced a 5.4% decline in share value during the Q2 to Q3 comparison. The number of shares remained relatively stable, increasing only from 105,063 to 105,070. However, the value of those shares dropped from $23,130,000 to $21,879,000.

APPLE INC (AAPL) - Apple Inc. faced a 12.3% decrease in share value during Q2 and Q3. The number of shares declined from 135,923 to 135,064, while the value of those shares decreased from $24,737,000 to $21,687,000.

ISHARES TR (MBB) - ISHARES TR encountered a minor decrease of 4.2% in share value during the Q2 to Q3 comparison. The number of shares increased slightly from 229,598 to 230,905, while the value of those shares fell from $21,413,000 to $20,504,000.

MICROSOFT CORP (MSFT) - Microsoft Corp experienced a decline of 6.2% in share value during Q2 and Q3. The number of shares increased from 50,222 to 50,823, while the value of those shares decreased from $17,102,000 to $16,047,000.

ISHARES TR (QUAL) - ISHARES TR faced a 12.4% decrease in both the number of shares and their value. The number of shares declined from 131,077 to 117,038, while the value of those shares dropped from $17,678,000 to $15,484,000.

ISHARES TR (TFLO) - One of the most significant changes in holdings is observed in ISHARES TR. The number of shares increased dramatically from 35,178 to 256,929, marking a staggering 631.4% growth. The value of those shares also experienced a remarkable increase from $1,782,000 to $13,036,000.

These are just a few examples of the changes in holdings of funds during the second and third quarters of 2023. It is crucial for investors to stay updated on these changes and understand the factors influencing them. By analyzing the performance of various stocks, investors can make informed decisions and optimize their investment portfolios.

Disclaimer: The information provided in this article is for educational purposes only and should not be considered financial advice. Investing in the stock market carries inherent risks, and it is advisable to consult with a financial advisor before making any investment decisions.