Insights into Wetherby Asset Management Inc's Investment Strategy Shifts in Q3-Q4 2022 Revealed through CSV Analysis

Wetherby Asset Management Inc is a privately-owned firm known for its innovative and dynamic approach to investment management. In the third quarter of 2022, Wetherby Asset Management Inc made some interesting changes to its holdings, which were then compared with its holdings in the fourth quarter of 2022. The comparison, as shown in the provided CSV, reveal some intriguing trends in the fund, which has been generating a lot of buzz.

The first thing to note is that Apple, Inc. (AAPL), remained the top holding for Wetherby Asset Management Inc in both quarters, with its share of holdings dropping from 823,440 to 816,953. Despite this decline, the value of shares in the company decreased by 6.7% from Q3 to Q4 2022. This might indicate a slight shift in the fund's preferences, with Wetherby Asset Management Inc potentially looking for more profitable options.

One possible explanation for this shift is related to the fund's investments in Vanguard Index FDS (VTI), whose shares remained relatively static at 343,685 and 343,0 in Q3 and Q4, respectively. However, the value of its holdings surged by 6.3% in Q4 2022, suggesting that Wetherby Asset Management Inc might be looking for more stable and long-term options.

Another interesting trend highlighted by the CSV is Wetherby Asset Management Inc's increased investment in Vanguard Tax-Managed FDS (VEA). The fund increased its holdings from 640,913 shares in Q3 to 694,585 shares in Q4, an upshot of 8.3%. The value of these shares also rose by 25.1%, indicating that the fund could be looking for safer and more stable investment options.

On the other hand, Amazon.com Inc. (AMZN) recorded a decrease in its share of holdings from 299,231 to 290,855, translating to a decrease of 2.8%. The worth of the shares similarly decreased by 27.7%, highlighting a significant shift from the eCommerce giant as an investment in the portfolio.

In terms of other tech stocks, Microsoft Corporation (MSFT) shares increased from Q3 2022 to Q4 2022, rising from 238,898 to 245,419. This increase of 5.8 percentage points saw a corresponding increase in the value of shares held by Wetherby Asset Management Inc, suggesting that the fund continues to see value in the tech giant.

Tesla Inc. (TSLA) experienced the most significant decrease in the fund's holdings. The shares dropped from 67,584 in Q3 to just 55,251 in Q4, translating to a loss of 18.3%. The value of these shares similarly decreased by a significant 62%, indicating that Wetherby Asset Management Inc might be deprioritizing the electric vehicle manufacturer and focusing on other more profitable sectors.

Interestingly, Wetherby Asset Management Inc added new holdings in Grindr Inc in Q4 2022, acquiring 1.18 million shares worth $5,506. This acquisition is particularly fascinating, considering that the company is in the social networking industry, a sector with significant growth potential.

In conclusion, the CSV shows that Wetherby Asset Management Inc is shifting its portfolio focus towards more stable, long-term investment options. Tech stocks continue to be a preference, even as the fund deprioritizes Tesla Inc. The acquisition of shares in Grindr Inc signals a potential foray into social networking, which could be a sector worth following in the coming years.