Investment Insights: Comparing Strategic Wealth Advisors Group's Q2 and Q3 2022 Holdings
Ava Hoppe | 30 April, 2023
Investing in the stock market is all about making informed decisions, and nothing is more informative than monitoring the trades of successful fund managers. Strategic Wealth Advisors Group, LLC (SWAG) is one of those managers, and their recent Q2 and Q3 2022 13F filings have caught the attention of investors. In this blog post, we'll compare and analyze SWAG's Q2 and Q3 2022 holdings to provide an investment insight into their decision-making process.
Introduction
Founded in 2008, Strategic Wealth Advisors Group, LLC is an SEC registered investment advisor that manages approximately $1.75 billion in assets. The firm provides investment advice to individuals, high net worth families, and institutions and maintains a diversified portfolio of equities, fixed income, and other investments.
Main Body
AAPL: One of the largest holdings in SWAG's portfolio is Apple Inc (AAPL). The comparison between Q2 and Q3 2022 holdings shows an increase of 1.9%, equivalent to 10,466 shares. Even though the share value did not change much between the two quarters, the overall value of the shares decreased slightly by 0.02%.
SPY: One of the core holdings in many portfolios is usually an ETF that tracks the S&P 500 index. The largest and most widely held of these is the SPDR S&P 500 ETF Trust (SPY). SWAG is no exception, and they hold 211,367 shares of SPY, a 3.8% increase from Q2 to Q3 2022. However, the overall value of these shares decreased by 3.8%.
QQQ: Another popular ETF that tracks the Nasdaq 100 Index is the Invesco QQQ Trust (QQQ). SWAG also holds this ETF, with their Q3 2022 holdings decreasing by 10.9% to 259,616 shares. The value of their QQQ holdings decreased by 10.9% as well.
MSFT: Microsoft Corporation (MSFT) is one of SWAG's larger individual holdings. The comparison between Q2 and Q3 2022 holdings shows a decrease of 2.1%, equivalent to 4,476 shares. The overall value of these shares decreased by 13.2%.
SPLG: The State Street Global Advisors' SPDR Portfolio Large Cap ETF (SPLG) is a low-cost option for gaining exposure to the large-cap US equity space. SWAG held 1,183,776 shares in Q2 2022, which decreased by 8.6% to 1,081,980 shares in Q3 2022. This change led to a 15.2% decrease in the overall value of their holdings.
AMZN: Despite a decrease in the share value, SWAG's Q3 2022 holdings of Amazon.com, Inc. (AMZN) increased by 2.1% to 362,255 shares, an increase of 9,475 shares. The overall value of these shares increased by 4.1%.
TSLA: Tesla, Inc. (TSLA) is another company with increased holdings in SWAG's portfolio. The comparison between Q2 and Q3 2022 holdings shows an increase of 197.59%, equivalent to 88,780 shares. The overall value of these shares increased by 11.7%.
Conclusion
In conclusion, Strategic Wealth Advisors Group, LLC's Q2 and Q3 2022 13F filings provide valuable insights into their investment strategies. Despite some fluctuations in share value, they have actively increased or decreased their holdings in various well-known companies and ETFs. Investors can use this information to make informed decisions about their own portfolios and identify emerging trends, such as the increase in TSLA holdings. However, it's important to note that past performance does not guarantee future results, and investors should always consult with their financial advisors before making any investment decisions.
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