Inspiring Changes: A Comparison of Inspirion Wealth Advisors, LLC's Q4 2022 and Q1 2023 13F Holdings

The 13F is a quarterly report that institutional investment managers with over $100 million in assets under management must file with the Securities and Exchange Commission (SEC). One such investment management firm is Inspirion Wealth Advisors, LLC. In this article, we'll be comparing their Q4 2022 and Q1 2023 13F holdings, highlighting the changes and developments from quarter to quarter.

In the Q4 2022 column, we see that Inspirion held 34 different stocks, while in Q1 2023, this number decreased to 33. The total value of Inspirion's holdings also decreased slightly from $231,306,191 to $215,614,892. This 6.8% reduction in value is reflected in the "Chg %" column. In this article, we'll take a closer look at some of the individual stocks held by Inspirion, analyzing changes in both the number of shares held and their corresponding value.

JANUS DETROIT STR TR

One of the largest increases in shares held by Inspirion between Q4 2022 and Q1 2023 can be seen in JANUS DETROIT STR TR. Inspirion held 554,337 shares in Q4 2022, but this increased by 44.9%, totaling 799,177 shares in Q1 2023. The value of these shares also increased from $27,306,000 to $39,567,000, a 44.9% increase.

CAPITAL GROUP INTL FOCUS EQT

CAPITAL GROUP INTL FOCUS EQT saw the highest percentage increase in Inspirion's holdings between Q4 2022 and Q1 2023. Inspirion held 233,364 shares in Q4 2022, which grew by an incredible 183.2% to 593,698 shares in Q1 2023. The value of these shares was $4,860,000 in Q4 2022 but grew by 183.2% to $13,767,000 in Q1 2023.

ABBVIE INC

ABBVIE INC is one of the few stocks that saw a decrease in shares between Q4 2022 and Q1 2023. Inspirion held 245,554 shares in Q4 2022, but this decreased by 2.3% to 239,907 shares in Q1 2023. The value of these shares also decreased from $39,683,000 to $38,234,000 between quarters, a reduction of 3.7%.

VANGUARD TAX-MANAGED FDS

VANGUARD TAX-MANAGED FDS saw one of the largest decreases in both shares held and value between Q4 2022 and Q1 2023. In Q4 2022, Inspirion held 225,887 shares with a value of $9,480,000. However, in Q1 2023, Inspirion held just 58,149 shares with a value of only $2,626,000. This represents a decrease of 74.2% in shares held and 72.3% in value.

CONCLUSION

While Inspirion's total holdings and value decreased slightly between Q4 2022 and Q1 2023, there were some individual stocks that saw significant increases in shares held and value. These included JANUS DETROIT STR TR and CAPITAL GROUP INTL FOCUS EQT. However, other stocks like ABBVIE INC and VANGUARD TAX-MANAGED FDS saw decreases in both shares held and value. It'll be interesting to see how these holdings change in the future, and if Inspirion's investment strategies shift to include new stocks.