Lee Financial Group Hawaii, Inc. Q4 2022 vs. Q1 2023: A Look at Their 13F Holdings

In the financial world, companies must file a quarterly report known as a 13F. This report is required if the company has over $100 million in qualifying assets under management, and it discloses the company's holdings of publicly-traded securities. Lee Financial Group Hawaii, Inc. recently filed their Q4 2022 and Q1 2023 13F reports. In this blog post, we'll take a look at their holdings, changes, and potential implications.

Let's start by taking a look at the top holdings for Lee Financial Group Hawaii, Inc. as of Q1 2023:

- PACER FDS TR: 621,033 shares ($29,157,000)

- FIRST TR EXCHNG TRADED FD VI: 337,879 shares ($8,180,000)

- VANGUARD INDEX FDS: 39,831 shares ($14,979,000)

- PIMCO ETF TR: 86,865 shares ($8,057,000)

- J P MORGAN EXCHANGE TRADED F: 137,643 shares ($4,688,000)

It's interesting to note that Lee Financial Group Hawaii, Inc. significantly increased its holdings in PACER FDS TR. This ETF seeks to track the performance of the NASDAQ Cowen Insuretech Index, which includes companies focused on the insurance technology industry. Lee Financial Group Hawaii, Inc. also added to its holdings in FIRST TR EXCHNG TRADED FD VI, which seeks to track the performance of small-cap companies in the United States.

On the other hand, Lee Financial Group Hawaii, Inc. decreased its holdings in VANGUARD INDEX FDS and PIMCO ETF TR. The former tracks the performance of the S&P 500, while the latter seeks to provide exposure to investment-grade corporate bonds. It's worth noting that this decrease in holdings is not significant, but it still indicates a potential shift in strategy.

Now, let's take a look at some of the most significant changes in Lee Financial Group Hawaii, Inc.'s holdings from Q4 2022 to Q1 2023:

- COWZ: Increased holdings by 62.4%

- ALTL: Increased holdings by 193.9%

- JEPI: Increased holdings by 17.2%

- COST: Increased holdings by 13.9%

- AAPL: Increased holdings by 26.9%

- LMT: Sold all holdings

It's evident that Lee Financial Group Hawaii, Inc. is increasingly interested in the insurance technology industry, as evidenced by their significant increase in PACER FDS TR holdings. They also continued to add to their position in ALTL, which seeks to provide exposure to alternative lending.

In terms of sales, Lee Financial Group Hawaii, Inc. sold all of its holdings in LMT. This could be due to a variety of reasons, such as a change in strategy or valuation concerns. However, it's essential to note that this is one of the few sales that the company made, indicating a long-term investment strategy.

In conclusion, Lee Financial Group Hawaii, Inc.'s recent 13F filings show a potential shift in investment strategy towards the insurance technology industry and small-cap companies in the United States. However, the company continues to maintain a long-term investment strategy, evident by its minimal sales. Investors will continue to monitor Lee Financial Group Hawaii, Inc.'s future filings to gain more insights into the company's strategy and potential future movements.