Investment Strategies: Comparing Q3 vs Q4 2022 Holdings of Heritage Wealth Advisors

As we near the end of 2022, we take a look at the holdings of Heritage Wealth Advisors 13F portfolio and compare it to the previous quarter’s holdings. The report includes data on the changes in holdings of 64 stocks, including companies like Microsoft, Amazon, Coca Cola, and many more. The 13F filing is required by the Securities and Exchange Commission (SEC) and must be submitted by investment advisers with over $100 million in assets under management. The filing provides transparency on the holdings of the adviser and the clients they manage. Let’s dive into the report and see what changed in Heritage Wealth Advisors’ holdings from Q3 to Q4 of 2022. Changes in Holdings The report shows that Heritage Wealth Advisors decreased their holdings in some stocks, while increasing their holdings in others. One significant decrease was in Amazon shares, which saw a 30.8% reduction in shares held from the previous quarter. Meanwhile, ConocoPhillips and Dominion Resources both saw a decrease in shares held of 10% and 7.3%, respectively. On the other hand, the report shows that Heritage Wealth Advisors increased their holdings in companies like Merck & Co, Comcast, and Microsoft. Merck & Co saw an increase of 31%, while Comcast and Microsoft saw an increase of 30% and 7.7%, respectively. Some interesting new additions to their portfolio include Brookfield Corporation, which was not held in Q3 but had over 753,000 shares held in Q4, and Blue Ridge Bankshares, which had a staggering 1733.5% increase in shares held from Q3 to Q4. Overall, the report shows that Heritage Wealth Advisors made significant changes to their portfolio from Q3 to Q4 2022, increasing their exposure to some companies and reducing their exposure to others. Investment Strategy Heritage Wealth Advisors is known for its long-term investment strategies and a focus on value investing. The 13F filing aligns with their investment philosophy, which aims to invest in quality companies with stable earnings and strong fundamentals. The portfolio is diversified across various sectors, including information technology, healthcare, consumer goods, and finance. The company has a preference for large-cap stocks, which make up the majority of their holdings. The report also shows that Heritage Wealth Advisors invested in exchange-traded funds (ETFs), which provide diversification and exposure to multiple sectors with a single investment. The Vanguard Short-Term Inflation-Protected Securities ETF was a new addition to their portfolio in Q4, with over 4.2 million shares held. Conclusion Heritage Wealth Advisors’ 13F filing provides insight into the changes in holdings from Q3 to Q4 2022. The report shows that they made significant changes to their portfolio, including increasing their exposure to some companies and reducing their exposure to others. Their investment strategy aligns with their long-term focus, which includes investing in quality companies with strong fundamentals. The company has a diversified portfolio across various sectors, and the addition of ETFs provides further diversification. As we head into 2023, it will be interesting to see how Heritage Wealth Advisors manages their portfolio and if they make any significant changes in their holdings.