Investment Portfolio of Sunbelt Securities, Inc: Q3 2022 vs. Q4 2022

Sunbelt Securities, Inc., one of the leading investment firms, recently submitted their 13F filings for the third and fourth quarter of 2022. The filing disclosed the buying and selling activities of the firm during the two quarters, analyzing the top holdings, and identifying which stocks were added or eliminated from the portfolio. In this article, we will provide a comprehensive overview of the changes in holdings of Sunbelt Securities, Inc. and an analysis of their portfolio performance.

Overall, Sunbelt Securities, Inc. increased its total portfolio value by 5.92% to $1.97 billion in the fourth quarter of 2022. The firm's top ten holdings also represented 45.71% of the total portfolio value. Let's dive deeper into the firm's portfolio to look at the individual stocks that drove this performance.

The tech giant, Apple Inc. (AAPL), remained one of Sunbelt Securities, Inc.'s top holdings in the third and fourth quarter of 2022, with the firm holding 100,030 shares and 99,057 shares, respectively. However, there was a decrease of 6.9% in the stock's value between the two quarters. Nevertheless, this was not the case for everyone in the tech industry. Microsoft Corporation (MSFT) saw a slight increase in the number of shares held by Sunbelt Securities, Inc. with 28,428 shares in Q3 2022 and 27,831 shares in Q4 2022, representing a 0.8% increase in value.

Another stock to watch is Amazon.com Inc. (AMZN). The e-commerce giant saw a decline of 25.9% in the value of shares held by Sunbelt Securities, Inc. This drop could be attributed to the ongoing antitrust inquiries and regulatory scrutiny that Amazon faced in the fourth quarter.

One of the exciting additions to Sunbelt Securities, Inc.'s portfolio is the Innovator ETFs Trust (XTOC), with 290,405 shares added in Q4 2022. XTOC is an event-driven ETF that provides exposure to corporate events like mergers and acquisitions. Likewise, there was a massive increase in the number of shares of Innovator ETFs Trust (YMPL) from Sunbelt Securities, Inc., making it one of the firm's top holdings in Q4 2022.

Another notable change in the firm's portfolio is the addition of Valero Energy Corporation (VLO), with 28,526 shares added in Q4 2022. VLO is one of the largest petroleum refining companies in the United States, with operations in multiple countries. The firm's increased interest in the energy sector also includes Kinder Morgan, Inc. (KMI), with 140,832 shares in Q3 2022 to 148,603 shares in Q4 2022, representing a 14.7% increase in value.

The financial sector is another where Sunbelt Securities, Inc. made notable additions. JPMorgan Chase & Co. (JPM) and Berkshire Hathaway Inc. (BRK-B) were added to the portfolio with 26,831 shares and 6,814 shares, respectively. Also, Visa Inc. (V) saw an increase of 15.4% in value, with 34,196 shares added to the portfolio.

In summary, Sunbelt Securities, Inc. made some strategic investments during the last two quarters, expanding its portfolio with stocks from the energy and financial sectors. While some tech giants faced a decline in value, the firm's increased interest in ETFs indicates they are looking for opportunities outside of traditional asset classes. Furthermore, these stocks' consolidated information highlights the importance of quarterly reporting and the insights shareholders and investors can derive from them.