Financial Counselors Inc Q3 2022 vs. Q4 2022 13F Holdings Comparison
Ava Hoppe | 2 May, 2023
Investment firms routinely disclose their holdings via 13F filings, providing a glimpse into their portfolio. One such firm, Financial Counselors Inc, recently released its Q3 2022 vs. Q4 2022 13F holdings comparison. This blog post explores the changes in its holdings during that period.
Financial Counselors Inc, an independent investment advisory firm, was founded in 1969. With over $8.9 billion in assets under management, they provide investment management, financial planning, and other related services to individual and institutional investors.
Changes in Holdings during Q3 2022 to Q4 2022
During Q3 2022, the firm held 36, primarily US-based securities across multiple sectors. The total value of its holdings was $1,299,432,000. However, its Q4 2022 filing revealed that the firm had sold some of its holdings, reducing its position to 35 securities worth $1,248,562,000.
Apple Inc (AAPL) continued to be the top holding of Financial Counselors Inc, despite a 6.9% reduction in shares from Q3 to Q4 2022. Microsoft Corp (MSFT) also maintained its position as the second-largest holding, with an increase of 7.3% in shares between Q3 and Q4 2022.
The third-largest holding of the firm was Vanguard Index FDS (VO), with a significant increase of 12.3% in shares from Q3 to Q4 2022. In contrast, Amazon Com Inc (AMZN) experienced a decrease of 23.3% in shares, making it the largest decrease in share value of any of Financial Counselors Inc's holdings.
Other significant holdings by the firm include UnitedHealth Group Inc (UNH), AbbVie Inc (ABBV), JPMorgan Chase & Co (JPM), Caterpillar Inc (CAT), and Honeywell Intl Inc (HON).
Rising Industries in Financial Counselors Inc's Portfolio
The Q3 to Q4 2022 comparison also revealed that Financial Counselors Inc's portfolio saw some changes in terms of industry sectors.
Firstly, the Information Technology sector remained the most prominent, making up 28.2% of the firm's portfolio. This was followed by Healthcare, making up 16.6%, and Financials, making up 15.2%.
But, while the Information Technology sector remained dominant, the Q3 to Q4 2022 period saw the Consumer Discretionary and Energy sectors experience increases in their holdings. Consumer Discretionary rose from 4.9% to 5.3%, while Energy rose from 3.1% to 3.5%.
On the other hand, the Communication Services, Consumer Staples, and Utilities sectors experienced a relative decrease in their holdings.
Conclusion
The Q3 to Q4 2022 13F Holdings Comparison of Financial Counselors Inc provides insight into the changes in the firm's portfolio. The comparison shows not only changes in the top holdings of the firm but also changes in the industries it invested in. This information could be useful for investors looking to make informed investment decisions.
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