Greenwich Wealth Management LLC Q4 2022 vs. Q1 2023 13F Holdings Comparison

Investment management is a balancing act between risk and reward, and as the market constantly fluctuates, professional fund managers need to adapt holdings to optimize their returns. The latest 13F filings from Greenwich Wealth Management LLC for Q4 2022 and Q1 2023 show some of the changes made.

Here is a breakdown of the top holdings that experienced the most significant changes:

Interactive Brokers Group Inc.

Greenwich Wealth Management LLC decreased its holdings in Interactive Brokers Group Inc. by 5.3%, selling nearly 600,000 shares. Despite this decrease, the holdings still amount to over 2.9 million shares.

Apple Inc.

Apple's stock price surged 26.3% between Q4 2022 and Q1 2023, leading Greenwich Wealth Management LLC to maintain its position in the company despite a slight decrease in shares held. The total number of shares held was reduced by 1,614, and the total value of the holdings reached over $58 million.

Nvidia Corp.

Nvidia Corp. experienced the most significant percentage increase in value between the two filings, skyrocketing by 89.8%. The fund added nearly 23,500 shares to its holdings, with the total value increasing to over $49 million.

Franklin Resources Inc.

Greenwich Wealth Management LLC slightly reduced its holdings in Franklin Resources Inc. by 1.9%. Despite this reduction, it still holds nearly 600,000 shares worth over $16 million.

Docusign Inc.

Docusign Inc. was another company that saw an increase in stock price, resulting in an 5.2% increase in shares held by the fund. The total value of the holdings reached over $5 million.

Invenstco QQQ Trust

The fund increased its holdings in Invesco QQQ Trust by 17.2% between Q4 2022 and Q1 2023. This resulted in a total of over 36,000 shares held and a total value of over $11 million.

Despite fluctuations in the market, Greenwich Wealth Management LLC remains invested in the technology and financial sectors, with holdings in companies such as Microsoft Corp., PayPal Holdings Inc., and Goldman Sachs Group Inc.

In conclusion, these 13F filings provide insight into the investment choices made by professional fund managers. While changes in holdings provide clues into future buy or sell decisions, it's important to keep in mind that these holdings are based on past performance, and future market conditions may require further adjustments to ensure optimal returns.