Empowered Funds’ Q4 2022 vs. Q1 2023: A Look at 13F Holdings Changes

Investors and traders continue to keep an eye on the quarterly 13F filings from investment managers with over $100 million in assets under management. These reports provide transparency about institutional investment decisions and can offer insight into market trends. Empowered Funds, LLC recently released their 13F report from Q4 2022 and Q1 2023, revealing significant changes in their holdings. Here’s a closer look at some of the standout movements.

Exxon Mobil Corp (XOM)

Empowered Funds slightly decreased their holdings in Exxon Mobil Corp from 859,817 shares in Q4 2022 to 824,833 shares in Q1 2023, which represents a -4.6% change.

Chevron Corp New (CVX)

Empowered Funds significantly decreased their holdings in Chevron Corp New from 416,624 shares in Q4 2022 to 357,941 shares in Q1 2023, which represents a -21.9% change.

Microsoft Corp (MSFT)

Empowered Funds increased their holdings in Microsoft Corp from 58,611 shares in Q4 2022 to 74,561 shares in Q1 2023, which represents a 52.9% change.

Apple Inc (AAPL)

Empowered Funds increased their holdings in Apple Inc from 96,325 shares in Q4 2022 to 114,247 shares in Q1 2023, which represents a 50.5% change.

NVIDIA Corporation (NVDA)

Empowered Funds increased their holdings in NVIDIA Corporation from 43,833 shares in Q4 2022 to 46,722 shares in Q1 2023, which represents a 102.6% change.

Amazon Com Inc (AMZN)

Empowered Funds slightly increased their holdings in Amazon Com Inc from 83,521 shares in Q4 2022 to 84,044 shares in Q1 2023, which represents a 23.7% change.

Schlumberger LTD (SLB)

Empowered Funds slightly increased their holdings in Schlumberger LTD from 285,755 shares in Q4 2022 to 323,893 shares in Q1 2023, which represents a 4.1% change.

Vanguard Malvern FDS (VTIP)

Empowered Funds increased their holdings in Vanguard Malvern FDS from 0 shares in Q4 2022 to 253,770 shares in Q1 2023, which represents a 105.9% change.

Visa Inc (V)

Empowered Funds slightly decreased their holdings in Visa Inc from 38,314 shares in Q4 2022 to 37,097 shares in Q1 2023, which represents a -5.1% change.

Tesla Inc (TSLA)

Empowered Funds decreased their holdings in Tesla Inc from 40,587 shares in Q4 2022 to 34,350 shares in Q1 2023, which represents a 42.5% change.

Berkshire Hathaway Inc Del (BRK-B)

Empowered Funds significantly decreased their holdings in Berkshire Hathaway Inc Del from 28,310 shares in Q4 2022 to 19,250 shares in Q1 2023, which represents a -32% change. These movements show Empowered Funds’ shifting investment strategy across various sectors and industries. While these reports shouldn’t be taken as investment advice, they do provide insight into institutional decisions that could potentially impact market trends.