Global Trust Asset Management, LLC's Q4 2022 vs. Q1 2023 13F Holdings Analysis: Key Sector Changes and Top Holdings.

Global Trust Asset Management, LLC Q4 2022 vs. Q1 2023 13F Holdings Comparison

Global Trust Asset Management, LLC is a well-known investment advisory and wealth management services firm that offers comprehensive asset management solutions. The company's investment philosophy is built around creating a diversified portfolio that can yield strong returns even when the overall market is volatile. As part of its investment strategy, the company closely monitors its clients' portfolios and makes tactical changes where necessary to reflect market changes and shifts in investor sentiment.

One way the company keeps track of its clients' holdings is through the 13F filings. These filings are required by the Securities and Exchange Commission (SEC) and detail the quarterly holdings of institutional investors with over $100 million in assets under management. These filings are an important tool for investors who want to track the investments of large institutional investors like Global Trust Asset Management.

In this blog post, we will analyze the changes in holdings of Global Trust Asset Management, LLC, between Q4 2022 and Q1 2023, as reported in their 13F filings.

Overview of the Holdings

Before delving into the changes in holdings, let us look at the overall picture. In Q4 2022, Global Trust Asset Management held a total of 49 equities, which had a total value of $92,230,000. By Q1 2023, the number of equities had reduced to 48, with a total value of $90,382,000. This represents a slight decrease of 2% in the total value of holdings.

Top Holdings

The table above highlights the top holdings of Global Trust Asset Management in Q4 2022 and Q1 2023. As the table shows, the top holdings in both periods were SPDR S&P 500 ETF, Invesco QQQ TR, and Apple Inc.

The largest change among the top holdings was in Apple Inc., where the fund increased its shares by 953 and its value by 29.1%. This shows that the fund has confidence in the technology giant despite increased volatility in the sector.

Another notable change in the top holdings was in the Invesco QQQ TR fund, where the fund increased its shares by 1,627 and its value by 25.6%. This is an indication that the fund is bullish on the technology sector, particularly large-cap technology stocks such as Amazon, Google, and Facebook, which are constituents of the QQQ.

Sector Allocation

The sector allocation of the fund remained largely unchanged between Q4 2022 and Q1 2023, with technology, consumer goods, and healthcare being the top three sectors by allocation. However, there were some interesting changes within the sectors themselves.

In the technology sector, the fund increased its holdings in Microsoft Corp by 438 and its value by 23.9%. This is another indication of the fund's bullish outlook on the technology sector. The fund also increased its holdings in Amazon.com by 349 shares and its value by 20.2%.

In the healthcare sector, the fund increased its holdings in Novo-Nordisk A/S by 35 and its value by a whopping 17.9%. This demonstrates the fund's confidence in the pharma industry in general and Novo-Nordisk in particular.

The fund also reduced its holdings in Pfizer Inc by 1,638 shares and its value by 22.7%. This reduction could be due to the recent concerns about the efficacy of Pfizer's COVID-19 vaccine and the potential impact on the company's revenue and profitability.

Conclusion

In conclusion, the changes in the holdings of Global Trust Asset Management, LLC, between Q4 2022 and Q1 2023, show that the fund remained bullish on the technology and healthcare sectors. The fund also increased its holdings in Apple Inc, indicating that it has confidence in the stock’s long-term prospects despite some recent turbulence in the tech industry. However, the fund reduced its holdings in Pfizer Inc, showing that it is keeping a watchful eye on the company and its business fundamentals. Overall, the 13F filings provide important insights into the investment strategy of Global Trust Asset Management and help investors stay informed about the firm's holdings and strategy.