Marietta Wealth Management, LLC Q4 2022 vs. Q1 2023 13F Holdings Comparison

Marietta Wealth Management, LLC, a registered investment advisory firm, recently released its Q4 2022 vs. Q1 2023 13F Holdings Comparison report. The report highlights the changes in the fund's holdings from the end of 2022 to the first quarter of 2023. In this blog post, we will delve deeper into the report and analyze the changes in the fund's holdings.

Introduction

Understanding changes in holdings is an important aspect of investing as it gives investors an insight into the direction a fund is taking. It allows investors to make informed decisions on whether to invest in the fund, hold onto existing investments, or exit their positions. Marietta Wealth Management, LLC's Q4 2022 vs. Q1 2023 13F Holdings Comparison report provides such valuable insights into the investment firm's strategic moves.

Main Body

Marietta Wealth Management's top five holdings by value as of Q1 2023 were Apple Inc., Microsoft Corp, Vanguard Index FDS, Vanguard Index FDS, and iShares Tr. It is interesting to note that Apple Inc. was the firm's top holding at the end of Q4 2022, but it was overtaken by Microsoft in Q1 2023. These two tech giants were major holdings, accounting for almost half of Marietta's portfolio during the same period.

Another noteworthy change was in the holdings of iShares Tr, which saw a significant increase of 16%. The holding's value increased from $9,793 million in Q4 2022 to $10,457 million in Q1 2023. The increase in holdings is evident in the rise in the number of shares the firm held in iShares Tr, from 103,479 to 108,139 shares, further indicating Marietta's bullish outlook on investments that track the performance of the U.S. equity market.

Similarly, Marietta increased its holdings in NVIDIA Corporation and Amazon Com Inc by 57.1% and 35.8%, respectively, in Q1 2023, which shows the investment firm's confidence in the future growth of these companies.

On the other hand, Marietta decreased its holdings in The Home Depot Inc by 7.8%, and Johnson & Johnson by 12.9% in Q1 2023. The decrease in holdings in these companies suggests that Marietta has a more bearish outlook on these stocks.

Marietta's hedge against inflation can be seen in its move toward investing in energy and metals. The holding in Meta Platforms Inc. increased by a staggering 113.8% to 26,164 shares, and holdings in BP PLC increased by 2.2%. These two holdings indicate the fund's growing interest in investing in energy stocks to hedge against the inflationary pressures gripping the global economy.

Conclusion

Marietta Wealth Management has made significant changes to its portfolio holdings from Q4 2022 to Q1 2023. The company has increased its holdings in tech companies, which it is bullish on, while decreasing its holdings in other sectors such as healthcare and home improvement. The investment company has also increased its investments in energy and metals, indicating its efforts to hedge against the looming inflationary pressures. As we can see, changes in holdings can provide investors with valuable information about a fund's investment strategy and outlook.