Edge Wealth Management LLC Q4 2022 vs. Q1 2023 Holdings Comparison: Shocking Revelations and Shrewd Investment Moves

Edge Wealth Management LLC has yet again provided an inspiring level of investor confidence by releasing its Q4 2022 and Q1 2023 13F holdings comparison report. The report, which is always eagerly anticipated by market analysts and investors, shows the fund's recent investment decisions and how they fared in the market.

One noteworthy revelation is that the fund increased its holdings in many companies across different sectors, with the total value of its portfolio growing significantly. It's thus no surprise that Edge Wealth Management continues to attract the attention of conservative and aggressive investors alike, thanks to its astute investment moves.

Among the fund's top holdings during Q4 2022 were ISHARES TR (SHY), with 427,769 shares valued at $34,730,000, and APPLE INC (AAPL), with 204,652 shares valued at $26,253,000. In contrast, Q1 2023 saw a shift in focus, with the fund increasing its holdings in ISHARES TR (SHY) to 602,416 shares valued at $49,488,000 and MICROSOFT CORP (MSFT) to 87,951 shares worth $25,368,000.

The report reveals that the fund reduced its holdings in some companies, with BANK AMERICA CORP (BAC) and PFIZER INC (PFE) being the most affected. The fund's holdings in BAC plummeted from 69,789 shares in Q4 2022 to 40,880 shares in Q1 2023, while its PFE holdings decreased from 259,221 shares to 259,766 shares, with both companies posting significant value losses.

Another company that attracted the fund's attention during Q1 2023 is SALESFORCE INC (CRM), with the fund increasing its holdings to 46,236 shares valued at $9,234,000 from 46,445 shares worth $6,088,000 during Q4 2022. The company's recent acquisition of Slack might have influenced this move, which aligns with the fund's strategy of investing in companies with a competitive business edge.

Edge Wealth Management LLC's investment moves could also be seen in its reduction of holdings in THE WALT DISNEY COMPANY (DIS) from 76,154 shares worth $6,526,000 during Q4 2022 to 76,081 shares valued at $7,616,000 in Q1 2023. Despite the company's positive earnings during the period, it appears the fund deemed it fit to decrease its DIS holdings.

The report further reveals that the fund divested from some companies altogether, with its Q1 2023 report showing that its holdings in VANGUARD SCOTTSDALE FDS (VCSH) reduced from 189,659 shares to zero. Similarly, its holdings in NOVAVAX INC (NVAX) decreased from 16,659 shares to 16,659 shares in Q1 2023, with a significant value loss. This move might have been a result of many factors, including market volatility and the companies' performance.

In conclusion, Edge Wealth Management LLC's Q4 2022 and Q1 2023 holdings comparison report brings to light the fund's shrewd investment moves. While the report shows many instances where the fund increased its holdings, it also reveals some notable reductions in some companies and a complete sell-off in others, underlining the fund's objective of making the best investment decisions for investors.