Investment Insights: Regal Wealth Group Q4 2022 vs. Q1 2023 Holdings Comparison

The last quarter of 2022 and the first quarter of 2023 saw significant changes in the holdings of Regal Wealth Group, Inc., according to the latest 13F filings. In this blog post, we'll analyze the top holdings and explore the major changes made by the firm's portfolio managers.

From the Sym column on the CSV file, we can instantly notice that the majority of the top positions in Regal Wealth Group's portfolio are ETFs (exchange-traded funds) from iShares Trust. This strategy is common in investment management since ETFs allow for diversification across different sectors while minimizing the possible risk. Below, we'll explore some of the biggest winners and losers in Q4 2022 vs. Q1 2023.

Winners:

- VTI (Vanguard Index Funds), +61.8%: With an increase in the number of shares by 50%, VTI was the biggest winner in Regal Wealth Group's portfolio. It invests in companies that reflect the composition of the entire US stock market and tracks the performance of the CRSP US Total Market Index.

- SWKS (Skyworks Solutions Inc), +20.2%: A US-based semiconductor company that specializes in radio frequency (RF) technology. The stock price trended up in Q1 2023, resulting in a total increase of 20.2% in the Q1 2023 value compared to Q4 2022.

- AAPL (Apple Inc), +26.2%: While the number of shares only decreased slightly from 6312 to 6172, the increasing stock price in Q1 2022 made AAPL one of the top gainers for Regal Wealth Group.

Losers:

- HYG (iShares Trust), -100%: HYG invests in high-yield corporate bonds, making it a high-risk investment. However, we cannot speculate about the reasons for Regal Wealth Group completely divesting its shares in HYG.

- TIP (iShares Trust), -100%: TIP invests in US Treasury inflation-protected securities (TIPS). Unlike regular Treasury bonds, TIPS are adjusted to account for inflation, making them relatively safe investments. Again, we do not have information on the reasons for Regal Wealth Group's complete divestment of its TIP shares.

- CEG (Constellation Energy Corp), -100%: Regal Wealth Group completely divested itself of its holdings in Constellation Energy Corp, an energy company that specializes in renewable energy.

Conclusion:

From the data analysis in the CSV file, we can see how Regal Wealth Group shifted its portfolio in the last quarter of 2022 and the first quarter of 2023. In this period, the firm increased its holdings in ETFs that track the US stock market and major tech companies, while letting go of high-risk investments like HYG. Regal Wealth Group's portfolio managers seem to have kept their eyes on industry trends and aimed for a well-diversified portfolio across different sectors in the US market.