HMS Capital Management, LLC Q2 2023 vs. Q3 2023 13F Holdings Comparison

HMS Capital Management, LLC, a renowned investment firm, has released its latest 13F holdings report, comparing the second and third quarters of 2023. The report provides insights into the changes in the holdings of various funds managed by HMS Capital Management. In this article, we will explore some of the key highlights from the report and analyze the impact of these changes.

SPDR S&P 500 ETF TR (SPY):

One of the notable changes in the holdings is the decrease in the number of shares of SPDR S&P 500 ETF TR (SPY). The fund saw a 5.1% decline, with 59,635 shares in Q2 2023 compared to 58,682 shares in Q3 2023. The value of the shares also decreased from $26,435,000 to $25,085,000.

ISHARES TR (LQD):

Another significant change in the holdings report is related to ISHARES TR (LQD). The number of shares held by HMS Capital Management decreased by 22.8% from 116,913 shares in Q2 2023 to 95,662 shares in Q3 2023. The value of these shares also declined from $12,642,000 to $9,759,000.

ISHARES TR (IWD):

ISHARES TR (IWD) is another fund that experienced a decrease in holdings. The number of shares held by HMS Capital Management dropped by 4.8% from 57,169 shares in Q2 2023 to 56,567 shares in Q3 2023. The value of these shares decreased from $9,022,000 to $8,587,000.

INVESCO QQQ TR (QQQ):

In the case of INVESCO QQQ TR (QQQ), HMS Capital Management witnessed a 5.8% decline in the number of shares held. The fund had 19,493 shares in Q2 2023, which decreased to 18,939 shares in Q3 2023. The value of these shares also decreased from $7,200,000 to $6,785,000.

ISHARES TR (EFA):

ISHARES TR (EFA) also experienced a decline in holdings, with HMS Capital Management reducing its number of shares by 8.4%. The fund had 82,394 shares in Q2 2023, which decreased to 79,425 shares in Q3 2023. The value of these shares decreased from $5,973,000 to $5,473,000.

SELECT SECTOR SPDR TR (XLE):

Interestingly, Select Sector SPDR TR (XLE) saw a 2.6% increase in the number of shares held by HMS Capital Management. The fund had 65,442 shares in Q2 2023, which increased to 60,287 shares in Q3 2023. The value of these shares also increased from $5,311,000 to $5,449,000.

MICROSOFT CORP (MSFT):

One of the major technology companies, Microsoft Corp (MSFT), experienced a decline in the number of shares held by HMS Capital Management. The fund had 14,527 shares in Q2 2023, which decreased to 14,244 shares in Q3 2023. The value of these shares decreased from $4,946,000 to $4,497,000.

ISHARES TR (HYG):

ISHARES TR (HYG) also saw a decline in holdings, with HMS Capital Management reducing its number of shares by 3.5%. The fund had 50,338 shares in Q2 2023, which decreased to 49,483 shares in Q3 2023. The value of these shares decreased from $3,778,000 to $3,647,000.

APPLE INC (AAPL):

Another significant change in the holdings is related to Apple Inc (AAPL). The number of shares held by HMS Capital Management decreased by 13.1% from 17,360 shares in Q2 2023 to 17,100 shares in Q3 2023. The value of these shares also declined from $3,367,000 to $2,927,000.

NVIDIA CORPORATION (NVDA):

NVIDIA Corporation (NVDA) witnessed a slight increase in the number of shares held by HMS Capital Management. The fund had 6,414 shares in Q2 2023, which increased to 6,337 shares in Q3 2023. The value of these shares also increased from $2,713,000 to $2,756,000.

BROADCOM INC (AVGO):

In the case of Broadcom Inc (AVGO), HMS Capital Management reduced its holdings by 6.8%. The fund had 3,343 shares in Q2 2023, which decreased to 3,254 shares in Q3 2023. The value of these shares also decreased from $2,899,000 to $2,702,000.

These are just a few examples of the changes in holdings reported by HMS Capital Management, LLC. The 13F holdings report provides valuable insights for investors and analysts to assess the investment strategies of HMS Capital Management and understand the market trends.

Please note that the data mentioned in this article is based on the holdings report of HMS Capital Management, LLC, and may not reflect the current status of these holdings.

In conclusion, the Q2 2023 vs. Q3 2023 13F holdings comparison highlights the changes in the holdings of funds managed by HMS Capital Management, LLC. These changes provide valuable insights into the investment strategies of the firm and can be used by investors and analysts for further analysis and decision-making.