Navigating the Changes in the Financial Advisory Group's Q3 2022 vs. Q4 2022 13F Holdings Comparison

The Financial Advisory Group, like many other firms, ended 2022 with a series of changes to its 13F holdings. These changes included the addition and reduction of various shares, and reshuffling of its overall portfolio. In this article, we will cover the highlights of these changes and explore what they may mean for investors in the coming months.

Vanguard Index Funds (VOO)

The Financial Advisory Group reduced its holdings of Vanguard Index Funds by 218,440 shares, a 2.7% decrease in value from Q3 2022 to Q4 2022. The Q4 2022 total of 209,595 shares was valued at $73,639, compared to $71,714 in Q3 2022. This change could suggest a potential lack of confidence in the performance of this index fund by the firm.

DBX ETF TR (DBEF)

The firm also substantially reduced its holdings of DBX ETF TR, with a decrease of 12.6% in Q4 2022. The Q3 2022 total of 1,819,087 shares lost 165,223 shares in Q4 2022, totaling 1,652,223 shares. This decrease can be attributed to the decline in the overall market value of the stock during the same period.

SPDR S&P 500 ETF TR (SPY)

At the same time, the Financial Advisory Group increased its holdings of SPDR S&P 500 ETF TR by 6%, with Q4 2022 totaling 137,294 shares compared to 135,886 shares in Q3 2022. The market value of SPY also increased from Q3 2022 to Q4 2022 to $51,967 from $49,039. This increase in holdings of SPY can lead to a number of implications including the firm’s confidence in the S&P 500’s future performance or the strategy of following the market trends.

SPDR Index Shs FDS (SPDW)

The firm increased its holdings in the SPDR Index Shs FDS by 15.4% from 1,146,280 shares in Q3 2022 to 1,149,012 in Q4 2022. The market value also increased from $29,574 to $34,114 during the same period. SPDW is known for its wide range of small-cap stocks which provide diversification in portfolio investments.

Ishares Tr (MBB and IJH)

The Financial Advisory Group substantially increased its holdings in Ishares by 81.2% and 8.9% in MBB and IJH, respectively. The total shares of MBB increased from 71,859 in Q3 2022 to 128,608 in Q4 2022. At the same time, Q4 2022 holdings of IJH witnessed an increase as well, totaling 103,705 shares, compared to 105,019 shares in Q3 2022. These large increases in holdings could be attributed to the performance of these funds while providing diversification in the portfolio.

Exxon Mobil Corporation (XOM)

The Financial Advisory Group increased its holdings in Exxon Mobil Corporation by 22.4% from 22,200 shares in Q3 2022 to 21,518 in Q4 2022. The Q4 2022 market value of XOM also increased to $2,373 from $1,938. This increase in holdings could look to capitalize on the volatility of fossil fuel stocks when facing external pressures or an improving market environment.

Tesla (TSLA)

The Financial Advisory Group reduced its holdings in Tesla by 54.8%. Its Q3 2022 holdings of 4,461 shares decreased to 4,541 shares in Q4 2022. The market value of TSLA also decreased to $535 from $1,183. The reduction in holdings may indicate the firm's skepticism of the electric car maker after a lot of volatility in previous years.

The Bottom Line

The Financial Advisory Group's changes in holdings can be attributed to various factors, including market trends and confidence in the performance of specific stocks or ETFs. While the changes made provide for a great deal of diversity in the portfolio, the focus on certain stocks should come with a caution that the market environment can change rapidly. Investors should ensure they conduct due diligence and research before investing in any ETF or stock.