Fort Point Capital Partners LLC Q3 2022 vs. Q4 2022 13F Report: Comparing Holdings in Top Investment Funds

Investment funds are a crucial part of the stock market ecosystem. They allow people with less knowledge or experience to invest their money in the market through professionals. The Fort Point Capital Partners LLC is one such investment company that manages funds for individuals and institutions. The company files quarterly reports, known as 13F reports, with the SEC, disclosing their holdings for the quarter. In this blog post, we will analyze the Q3 2022 and Q4 2022 13F reports and see how the company’s holdings have changed over the period.

SPDR S&P 500 ETF TR: A Steady Holding

The SPDR S&P 500 ETF TR is one of the most popular ETFs in the market, and Fort Point Capital Partners LLC has been holding it in its portfolio for quite some time. In Q3 2022, the company held 159,576 shares, worth $56,997,000. In Q4 2022, the company reduced its holding to 156,157 shares, worth $59,719,000. Although the holding decreased by 4.8%, it’s still a significant investment for the company.

ISHARES TR: A Major Increase in Holdings

Fort Point Capital Partners LLC increased its holdings in ISHARES TR from Q3 2022 to Q4 2022. In Q3 2022, the company held 218,945 shares, worth $21,093,000. In Q4 2022, the holding increased to 331,913 shares, worth $32,192,000. This is a significant increase of 52.6% from the previous quarter. ISHARES TR is a popular ETF that tracks the performance of the bond market, and it seems like Fort Point Capital Partners LLC has faith in its future growth prospects.

INVESCO QQQ TR: An Increase in Call Options

In Q4 2022, Fort Point Capital Partners LLC increased its call options in INVESCO QQQ TR. In Q3 2022, the company held 65,100 call options, worth $17,398,000. In Q4 2022, the holding increased to 75,900 call options, worth $20,210,000. This is a significant increase of 16.2% from the previous quarter. The INVESCO QQQ TR tracks the performance of the NASDAQ-100 Index, and it seems like Fort Point Capital Partners LLC is bullish on the tech sector’s future growth prospects.

Conclusion

In conclusion, Fort Point Capital Partners LLC made diverse changes to its holding portfolio from Q3 2022 to Q4 2022. While the company decreased its holdings in some popular investments such as SPDR S&P 500 ETF TR and APPLE INC, it increased its holdings in others, such as ISHARES TR and INVESCO QQQ TR. It’s worth noting that the company has made some significant investments in companies such as EXXON MOBIL CORP and JPMORGAN CHASE & CO, showing that it believes in the long-term growth prospects of these companies.