From USFR to VTR: A Look at Inspire Investing, LLC's Q4 2022 vs. Q1 2023 13F Holdings Comparison

The end of the year marks a time of reflection and planning for most people, but for businesses, it's a time to evaluate the progress of the past year and the goals for the following one. Companies have to take into consideration external factors such as the economy, the global situation, and of course, their own performance. Investing companies like Inspire Investing, LLC are no different. They have to evaluate their holdings to determine whether they are making investments that align with their values, goals, and risk tolerance. Recently, Inspire Investing, LLC released their Q1 2023 13F holdings, giving investors an insight into the fund's current investments, and a comparison with their Q4 2022 holdings. Let's take a closer look at the changes they made. USFR Starting with the WisdomTree Trust. During Q4 2022, Inspire Investing, LLC had invested in 998,900 shares of USFR, with a value of $50,214,000. The fund increased its holding to 1,141,287 shares, worth $57,372,000, in Q1 2023, marking a 14.3% increase. IBD The Northern LTS Fund IV, which had 1,628,687 shares of Inspire Investing, LLC in Q4 2022, took a significant hit in Q1 2023, with the fund reducing its investment to 1,256,250 shares, worth $29,408,000. This marked a staggering 21.6% decrease in holding and value. PLD Prologis Inc. saw an increase in Inspire Investing, LLC's holdings from Q4 2022 to Q1 2023. The fund had invested in 104,346 shares, worth $11,762,000, in the last quarter of 2022. This increased by 4.7% in Q1 2023, with the fund investing in 109,312 shares, valued at $13,638,000. ADI Analog Devices Inc. also saw an increase in Inspire Investing, LLC's holdings. In Q4 2022, they held 57,194 shares in the company, worth $9,381,000. In Q1 2023, the fund increased its investment by 9.6%, investing in 62,622 shares, valued at $12,350,000. NOW ServiceNow Inc. was another company that saw an increase in Inspire Investing, LLC's holdings from Q4 2022 to Q1 2023. The fund had invested in 21,999 shares, worth $8,541,000, in Q4 2022, and in Q1 2023, they invested in 24,908 shares, worth $11,575,000. This marked a 35.5% increase in holding and value. ISRG Intuitive Surgical Inc. saw a decrease in Inspire Investing, LLC's holdings from Q4 2022 to Q1 2023. The fund had invested in 44,076 shares of the company, valued at $11,695,000, in Q4 2022, and in Q1 2023, they invested in 43,188 shares, valued at $11,033,000. This marked a 5.7% decrease in holding and value. BLES The Northern LTS Fund IV was another company that the Inspire Investing, LLC fund chose to reduce holdings in. In Q4 2022 they had invested in 539,600 shares in the company, worth $16,862,000. This decreased by 42% in Q1 2023, with the fund investing in 298,274 shares, valued at $9,777,000. SLB Schlumberger Ltd. saw an increase in Inspire Investing, LLC's holdings in Q1 2023. The fund had invested in 153,969 shares of the company, worth $8,231,000, in Q4 2022. This increased by 9.8% in Q1 2023, with the fund investing in 184,091 shares, valued at $9,038,000. WWJD The Northern LTS Fund IV was another company that the Inspire Investing, LLC fund chose to reduce holdings in. In Q4 2022, they had invested in 653,365 shares, valued at $17,033,000. This decreased by 51.7% in Q1 2023, with the fund investing in 297,053 shares, valued at $8,225,000. KLAC KLA Corp. was another company that saw an increase in Inspire Investing, LLC's holdings, with the fund increasing its investment in the company by 16.1%. In Q4 2022, they had invested in 17,325 shares, worth $6,531,000. This increased to 19,000 shares, valued at $7,584,000, in Q1 2023. SNPS Synopsys Inc. saw an increase in Inspire Investing, LLC's holdings too, with the fund increasing its investment in the company by 35.1%. In Q4 2022, they had invested in 17,570 shares, worth $5,609,000. This increased to 19,627 shares, valued at $7,580,000, in Q1 2023. Conclusion In conclusion, it is evident that Inspire Investing, LLC has made changes to their holdings in the first quarter of 2023, with some companies receiving more investments, while others saw a reduction in their holdings. The changes, however, are not necessarily an indication of the performance or potential of the companies but rather adjustments made as part of the Portfolio Managers' investment strategy. As an investor or analyst, it's essential to evaluate a company's performance based on their financial statements and other key metrics before making investment decisions.