MinichMacGregor Wealth Management, LLC Q2 2023 vs. Q3 2023 13F Holdings Comparison

Investors are always interested in tracking the changes in the holdings of a fund. It helps them understand where the fund manager is investing and if there are any significant shifts in strategy. In this article, we will analyze the Q2 2023 and Q3 2023 13F holdings of MinichMacGregor Wealth Management, LLC and explore the key changes in their portfolio.

The 13F form is a quarterly report filed with the Securities and Exchange Commission (SEC) by institutional investment managers. It provides detailed information about the manager's holdings, including the company name, the number of shares held, and the value of those shares.

Let's take a closer look at some of the significant changes in MinichMacGregor's portfolio.

1. SPDR Gold Trust (GLD):

In Q2 2023, MinichMacGregor held 101,115 shares of GLD, with a value of $18,025,000. However, in Q3 2023, their holdings increased to 111,457 shares, with a value of $19,109,000, representing a 6% increase.

2. iShares U.S. Home Construction ETF (ITB):

MinichMacGregor held 251,682 shares of ITB in Q2 2023, with a value of $21,503,000. However, in Q3 2023, their holdings decreased to 238,548 shares, with a value of $18,723,000, representing a 12.9% decrease.

3. Schwab U.S. Large-Cap Growth ETF (SCHG):

The holdings of SCHG remained relatively stable between the two quarters. MinichMacGregor owned 250,554 shares in Q2 2023 and 254,314 shares in Q3 2023, representing a slight increase of 1.5%.

4. First Trust Dorsey Wright Focus 5 ETF (FV):

One of the most significant changes in MinichMacGregor's portfolio was their investment in FV. In Q2 2023, they owned 14,217 shares, valued at $666,000. However, in Q3 2023, their holdings skyrocketed to 245,800 shares, with a value of $10,888,000, representing an increase of 1,532.8%.

These are just a few examples of the changes in MinichMacGregor's portfolio. Other holdings such as SPDR Index Shares Funds (FEZ), iShares Gold Trust (IAU), and ISHARES TR (ITA) also experienced changes, both positive and negative, between the two quarters.

It's important to note that these changes can indicate the fund manager's opinion on certain asset classes, sectors, or individual stocks. For example, the increase in holdings of gold-related assets (GLD) may indicate a belief in the value of gold as a hedge against inflation or uncertain economic conditions.

Investors and market analysts closely follow these reports to gain insights into the investment strategies of institutional investors. It helps them make more informed decisions about their own portfolios and identify potential investment opportunities.

In conclusion, the Q2 2023 vs. Q3 2023 13F holdings comparison of MinichMacGregor Wealth Management, LLC reveals some interesting changes in their portfolio. Investors can use this information as a starting point for further research and analysis to make informed investment decisions.