Keel Point, LLC Q2 2023 vs. Q3 2023 13F Holdings Comparison

Investment firm Keel Point, LLC recently released its quarterly 13F holdings comparison report, highlighting the changes in their portfolio holdings between Q2 2023 and Q3 2023. The report provides valuable insights into the investments made by the firm and the shifts in their asset allocation during this period.

During Q2 2023, Keel Point, LLC held a total of 47 different stocks and funds in its portfolio. However, by Q3 2023, the number of holdings had reduced to 44, indicating some adjustments in their investment strategy. This article will delve into some of the major changes and movements within the portfolio during this time.

Vanguard Index Funds (VOO) and SPDR S&P 500 ETF Trust (SPY) remained the top two holdings in Keel Point, LLC's portfolio in both quarters. Despite a slight increase in shares and value for VOO, SPY experienced a 1.5% decline in shares and a decrease in value. This indicates a minor shift in focus towards VOO, reflecting the confidence Keel Point, LLC has in the performance of this index fund.

One notable change in holdings is the drop in shares and value of iShares TR (IWB) by 5%. This reduction indicates a reevaluation of the firm's investment in this particular stock. Similarly, iShares TR (AGG) experienced a slight decrease in shares and value by 1.6%, suggesting a repositioning within the fixed-income segment of the portfolio.

On the other hand, some stocks showed significant gains in shares and value, reflecting Keel Point, LLC's confidence in their future growth prospects. Notably, Vanguard Tax-Managed Funds (VEA) saw a 10.2% increase in shares and value, indicating a bullish outlook on this investment. Similarly, iShares TR (IEI) experienced a 6% increase in shares and value, pointing towards the firm's positive sentiment towards this bond fund.

Among the standout performers in Keel Point, LLC's portfolio was SPDR Gold Trust (GLD), which saw a substantial increase of 17.4% in shares and value. This surge in interest could be attributed to the volatility in global markets and the inclination towards safe-haven assets during this period.

However, it is important to note that not all holdings experienced positive growth. Several stocks declined, with iShares TR (EFA) leading the pack with a significant decrease of 16.1% in shares and value. This decline might suggest concerns about the performance of international markets or a strategic reallocation of assets by Keel Point, LLC.

Another noteworthy change is the substantial increase in shares and value of iShares TR (IWF) by 51.8%. This surge indicates Keel Point, LLC's confidence in the growth potential of this particular stock during this period.

In terms of individual stocks, Microsoft Corp (MSFT) experienced a modest decline in shares and value by 8%. Apple Inc (AAPL) also experienced a decline of 13.1% in shares and value, possibly reflecting market sentiments towards these tech giants during this time.

Overall, Keel Point, LLC's Q2 2023 vs. Q3 2023 13F holdings comparison provides valuable insights into the firm's investment strategy and adjustments made during this period. It is evident that the firm made calculated moves to capitalize on growth opportunities while also reevaluating certain holdings. These adjustments reflect the firm's dedication to optimizing its portfolio to generate favorable returns for its clients.

Please note that the information provided in this article is based on a fictional dataset and should not be regarded as real investment advice. Always consult with a qualified financial advisor before making investment decisions.