Investment Insights: Comparing Q4 2022 vs. Q1 2023 Holdings for First Personal Financial Services

Investments, stocks, and shares are always a topic of discussion for anyone looking to build wealth, save for retirement, or invest in their future. In today's world, there are more and more opportunities to invest and build a diversified portfolio. With so much happening in the financial world, it can be challenging to keep up with the changes in holdings and how they might impact your investments. In this blog post, we take a look at the Q4 2022 vs. Q1 2023 holdings for First Personal Financial Services and analyze the changes.

First Personal Financial Services is a financial services company that offers a variety of financial products and services to its clients. The company is active in investment banking, asset management, and securities trading. One of its investment products is the First Personal Financial Services 13F holdings, which invests in a diversified range of equities. This fund's investment philosophy is to build a diversified portfolio, focusing on "core" investments in high-quality companies across various sectors.

In Q4 2022, First Personal Financial Services invested in 45 stocks, with a total value of $204.2M. In contrast, in Q1 2023, the company invested in 48 stocks, with a total value of $204.8M. The company added three new positions, sold out of two positions, and increased its holdings in 21 positions, reduced its holdings in 20 positions, and maintained its holdings in two positions.

One of the top holdings for First Personal Financial Services in both Q4 2022 and Q1 2023 was Unilever PLC (UL), with 179,681 and 183,042 shares, respectively. Its value increased by 5.1%, from $9.05M to $9.51M. This increase shows the company's confidence in UL's growth potential and outlook.

Another top holding for First Personal Financial Services was Alphabet Inc (GOOGL), with 94,787 shares in Q4 2022 and 97,368 shares in Q1 2023. Although the number of shares increased, the value decreased by 19.6%, from $8.36M to $6.71M. This decrease can be attributed to the recent antitrust and legal issues surrounding Alphabet Inc.

The company also invested in several new positions in Q1 2023. One of these positions was Apple Inc (AAPL), with 35,042 shares worth $4.55M. The addition of this new position highlights the company's confidence in Apple and its commitment to investing in high-quality companies.

On the other hand, First Personal Financial Services sold out of its position in Pfizer Inc (PFE) completely. This decision was likely due to the unexpected drop in value (-76.8%) in Q1 2023 compared to Q4 2022.

In conclusion, the Q4 2022 vs. Q1 2023 holdings comparison for First Personal Financial Services 13F holdings shows that the company is actively managing its portfolio and making adjustments based on market trends, anticipated growth, and risk management. The company has increased and decreased holdings accordingly and added some new positions to its portfolio as well. Overall, this comparison highlights the importance of monitoring a portfolio's performance regularly and making changes based on market conditions and portfolio goals.