Optimum Investment Advisors Q2 2023 vs. Q3 2023 13F Holdings Comparison

Introduction

As the investment landscape continues to evolve, it is essential for investors to stay up to date with the latest changes in fund holdings. In this article, we will analyze the Q2 2023 and Q3 2023 13F holdings comparison of Optimum Investment Advisors. We'll explore the significant changes in holdings, including both share quantities and their corresponding values, to provide valuable insights into the investment decisions made by Optimum Investment Advisors during this period.

Apple Inc (AAPL)

One of the notable changes in Optimum Investment Advisors' holdings can be observed in their investment in Apple Inc. In Q2 2023, they held 98,109 shares, which decreased to 96,010 shares in Q3 2023. The corresponding value also decreased from $19,030,000 to $16,437,000. This represents a decline of 13.6% in both share quantity and value. While the reduction in holdings may raise questions, it is crucial to remember that the investment landscape is always subject to dynamic changes, and investment decisions are made based on various factors.

SPDR S&P 500 ETF Trust (SPY)

Optimum Investment Advisors also made slight adjustments to their holdings in the SPDR S&P 500 ETF Trust. In Q2 2023, they held 21,691 shares, which slightly increased to 21,847 shares in Q3 2023. However, the value of their holdings decreased from $9,615,000 to $9,339,000. This represents a minor decrease of 2.9% in the corresponding value. The small adjustments in share quantity indicate a cautious approach, where Optimum Investment Advisors might have fine-tuned their portfolio to align with their investment strategy.

Microsoft Corporation (MSFT)

Optimum Investment Advisors witnessed a decrease in their holdings of Microsoft Corporation during the Q2 2023 and Q3 2023 period. In Q2 2023, they held 18,214 shares, which decreased to 17,764 shares in Q3 2023. The corresponding value also decreased from $6,202,000 to $5,608,000. This indicates a decline of 9.6% in both share quantity and value. Again, it's important to remember that adjustments in holdings can be driven by various factors, such as market trends, company performance, or portfolio diversification.

NVIDIA Corporation (NVDA)

Optimum Investment Advisors maintained a relatively stable position in NVIDIA Corporation. In both Q2 2023 and Q3 2023, they held 11,460 shares, with a slight increase in value from $4,847,000 to $4,864,000. This indicates a marginal increase of 0.3% in the value of their holdings. Holding steady positions in certain stocks can be a part of an investment strategy aimed at maintaining exposure to specific sectors or companies.

UnitedHealth Group Inc (UNH)

Another significant change in holdings can be seen in Optimum Investment Advisors' investment in UnitedHealth Group Inc. In Q2 2023, they held 8,870 shares, which increased to 9,020 shares in Q3 2023. The corresponding value also increased from $4,263,000 to $4,547,000. This represents a growth of 6.7% in share quantity and value. The increase in holdings suggests that Optimum Investment Advisors identified potential growth prospects in UnitedHealth Group Inc and decided to increase their exposure to this stock.

Conclusion

Analyzing the Q2 2023 and Q3 2023 13F holdings comparison of Optimum Investment Advisors reveals the dynamic nature of the investment landscape. While some holdings experienced decreases in both share quantity and value, others saw marginal increases or remained relatively stable. It's essential to understand that these changes are part of a strategic investment process that considers various factors, including market conditions, performance indicators, and portfolio diversification. By staying informed about these changes, investors can gain insights into the investment decisions made by Optimum Investment Advisors and potentially apply these insights to their own investment strategies.