Integrated Wealth Concepts LLC Q4 2022 vs. Q1 2023: 13F Holdings Comparison

Integrated Wealth Concepts LLC, one of the leading investment management firms, has released its latest 13F filings for the fourth quarter of 2022 and the first quarter of 2023. These filings give us an insight into the changes in holdings and the portfolio of the firm.

Let's dive into the data and understand how the company has been performing in recent months.

Apple Inc Takes the Lead

Apple Inc continues to be the top holding for Integrated Wealth Concepts LLC with 872,939 shares worth $143,948,000 in Q1 2023. The firm has increased its holdings by 128.3% compared to the Q4 2022 when it held 485,346 shares valued at $63,061,000.

The Top Five Holdings

In addition to Apple Inc, the firm's top five holdings include ISHARES CORE, ISHARES MSCI, ISHARES INC, and MICROSOFT CORP. These holdings have remained fairly consistent, with the exception of ISHARES MSCI, which increased by 27.1% from 527,452 shares in Q4 2022 to 599,294 shares in Q1 2023.

The Changing Landscape of the Technology Sector

Integrated Wealth Concepts LLC has also increased its exposure to the technology sector with an increase in holdings of SECTOR TECHNOLOGY and INVESCO QQQ. While holdings in the SECTOR TECHNOLOGY ETF have increased by a whopping 847.3%, the firm has increased its holdings in the INVESCO QQQ ETF by 21.2% from 106,179 shares in Q4 2022 to 106,814 shares in Q1 2023.

The Energy and Materials Sectors Suffered Losses

On the other hand, Integrated Wealth Concepts LLC has decreased its exposure to the energy and materials sectors. In particular, holdings in SECTOR ENERGY have reduced by 10.9% from 486,993 shares in Q4 2022 to 458,279 shares in Q1 2023. Meanwhile, holdings in ISHARES MSCI MATERIALS SECTOR have dropped from 74,731 shares worth $4,785,000 in Q4 2022 to 45,940 shares worth $3,140,000 in Q1 2023.

Defensive Strategies

Integrated Wealth Concepts LLC has also diversified its portfolio by including more defensive strategies. For instance, the firm has increased its holdings of ISHARES SHORT MATURED BOND ETF by 20%, holding 177,171 shares in Q1 2023 compared to 547,985 shares in Q4 2022. The firm has also increased its holdings in SPDR NUVEEN ETF by 3949.2% from 21,215 shares worth $968,000 in Q4 2022 to 837,169 shares worth $39,196,000 in Q1 2023.

Conclusion

Integrated Wealth Concepts LLC has made several changes to its portfolio in recent months, increasing its exposure to the technology sector while reducing its exposure to the energy and materials sectors. The firm has also diversified its portfolio by including more defensive strategies, which could help protect against any market downturns.

It's important to note that the data presented in this article is based on Integrated Wealth Concepts LLC's 13F filings and may not reflect the company's current holdings or future investment decisions.