Investing in 2023: Carmichael Hill & Associates Quarterly Fund Comparison

Carmichael Hill & Associates has released their Q4 2022 vs Q1 2023 13F holdings comparison, and it's time to see what changes were made in their portfolio. As an investor or someone who's looking to take up investing, you must keep up with the trends and changes that take place in the stock market. This blog post will go over the changes in holdings observed in the report, analyzing the stocks that the company invested in or sold, and what changes in their value resulted in percentage wise.

Introduction

Carmichael Hill & Associates, Inc. is a well-established investment firm that deals in mutual funds, individual securities, and other products. Their Q4 2022 and Q1 2023 13F holdings comparison report is out and is of significant importance to active investors. This report is released every quarter to shed light on the changes made to their fund, indicating the buy and sell amounts, opening and closing positions, and changes in the fund's value percentage-wise. In this blog post, we will focus on the trends seen in the changes made to their holdings in the last quarter.

Main Body

Carmichael Hill & Associates invested a significant amount in various stocks this quarter. Their Q1, 2023 report shows an increase in the number of shares invested in Apple, with only a decrease of 0.003% in the value change when compared to the previous quarter. The company also invested in some of the well-performing technology giants and showed significant gains in Microsoft with a 20.6% increase in this quarter's share value.

Vanguard ETFs are one of the most popular funds favored by investors, and therefore, it's no surprise that Carmichael Hill & Associates invested in various Vanguard ETFs like VGT, VEXAX, VTI, VEA, and VO. VGT, whose shares increased by 22.6% in the past quarter, saw an investment of 13,435 shares worth $5178. The total value of Vanguard's VEA increased from Q4 to Q1 with a 12.7% increase and a value of $1315. VO, another Vanguard ETF, saw an increase of 4.5% in value, but there was a slight decrease of 2.1% in the number of shares purchased.

In other stocks, the company showed a decrease in the number of shares purchased in Johnson and Johnson (-12%) and Proctor and Gamble (-1.3%). However, these small changes in shares did not result in a significant change in share value. Another interesting observation to note was the investment in Tesla Inc., where the purchase of call options resulted in an 85.3% increase in share value.

Amongst all the Vanguard ETF's investments, the discrepancies in the net percentage change were only in the range of -3.7 to +22.6%. This reveals that there was not much volatility in the mutual fund market that Carmichael Hill & Associates invested in. The only exception was for a few companies like Tesla Inc., Abbott Labs, PFE, and Mcdonald's Corp., where there were some considerable changes in the purchase of shares.

Conclusion

Carmichael Hill & Associates, Inc. invested in various sectors like technology, retail, healthcare, and others in the first quarter of 2023. Some companies showed significant changes in shares, and some did not. Overall, there was a significant investment in Vanguard ETFs, with a stable net percentage change ranging from -3.7 to +22.6%. This report should be helpful for investors who are interested in the shares held by Carmichael Hill & Associates, and it can help them decide which stock they can invest in. However, this post should not be used as an investment guide as the stock market's trends are volatile and can change anytime. Investors must study the market trends and invest wisely, and they should always remember that investing in the stock market involves risks.