Investment Firm Avondale's Q4 2022 vs. Q1 2023 Fund Holdings: Winners and Losers

Investment firm Avondale Wealth Management has released its Q4 2022 vs. Q1 2023 13F holdings comparison. The report shows the winners and losers in the firm's portfolio, with some significant changes in holdings from one quarter to the next.

Before we dive into the winners and losers, let's define what 13F filings are. 13F filings are a disclosure requirement for institutional investment managers who have discretion over $100 million or more in certain equity assets. The filings reveal the manager's holdings of publicly traded securities as of the end of the quarter, including their largest positions, new purchases, and sold-out stakes. These filings help investors understand what institutional investors are buying, selling, and holding.

Now, back to the Avondale Wealth Management Q4 2022 vs. Q1 2023 13F holdings comparison. The report showed that the overall value of the firm's holdings increased by 7.2% from $257 million to $276 million. The number of shares held decreased by 2.2%, from 1.19 million shares to 1.16 million shares.

Here are the winners and losers in Avondale's Q4 2022 vs. Q1 2023 fund holdings:

Winners:

1. Vanguard Long-Term Treasury ETF (VGLT) - This ETF saw the most significant increase in shares held by Avondale Wealth Management, jumping from 36,443 in Q4 2022 to 68,780 in Q1 2023, a 100.6% increase.

2. DraftKings Inc. (DKNG) - Avondale Wealth Management increased its stake in DraftKings Inc. by 23%, from 41,050 shares to 50,750 shares.

3. The Trade Desk Inc. (TTD) - Avondale Wealth Management added 4,000 shares of The Trade Desk Inc., increasing its stake by 35.9% from Q4 2022 to Q1 2023.

Losers:

1. Pimco Active Bond ETF (BOND) - Avondale Wealth Management sold off nearly three-quarters of its shares in this ETF. Its stake went from 7,700 shares in Q4 2022 to just 2,000 shares in Q1 2023, a decrease of 73.4%.

2. iShares Core U.S. Aggregate Bond ETF (AGG) - Avondale Wealth Management reduced its stake in this bond ETF by 45.3% from Q4 2022 to Q1 2023, going from 199,612 shares to just 106,377 shares.

3. Pacer Lunt Large Cap Alternator ETF (ALTL) - Avondale Wealth Management sold off 29.8% of its stake in this ETF, going from 162,891 shares in Q4 2022 to 121,773 shares in Q1 2023.

Overall, Avondale Wealth Management's Q4 2022 vs. Q1 2023 fund holdings comparison shows a mix of winners and losers, with some significant changes in the firm's portfolio. While it's difficult to know the exact reasoning behind the changes in holdings, these reports are helpful for investors to track institutional investor movements in the market.