Pin Oak Investment Advisors Inc Q4 2022 vs. Q1 2023 13F Holdings Comparison

Investment management companies are required to file quarterly reports with the Securities and Exchange Commission (SEC) that disclose their equity holdings as of the end of the quarter. These reports are known as 13F filings. In this article, we will analyze the 13F holdings of Pin Oak Investment Advisors Inc for Q4 2022 and Q1 2023.

Pin Oak Investment Advisors Inc is a Houston-based investment firm founded in 1995 that manages assets for high net worth individuals, families, and institutions. According to the latest 13F filings, the firm's total portfolio value decreased from $139 million in Q4 2022 to $132 million in Q1 2023, representing a 4.9% decrease.

Top Holdings

Kimbell Royalty Partners (KRP) remained the top holding of Pin Oak Investment Advisors Inc in Q1 2023, with 421,370 shares valued at $6.4 million. KRP is an oil and gas mineral and royalty interests company that went public in 2017 and has a market cap of $245 million.

Apple (AAPL) was the second-largest holding of Pin Oak Investment Advisors Inc in Q1 2023, with 30,079 shares valued at $5.0 million. The tech giant's stock has been on a strong uptrend, with a year-to-date gain of 19.7%.

Northern Oil & Gas (NOG) was the third-largest holding of Pin Oak Investment Advisors Inc in Q1 2023, with 135,935 shares valued at $4.1 million. NOG is an exploration and production company focused on oil and natural gas in the Williston Basin and has a market cap of $354 million.

Changes in Holdings

Pin Oak Investment Advisors Inc sold its entire position of 57,522 shares in Liberty SiriusXM Group (LSXMA) in Q1 2023. The company also reduced its holdings in Alphabet (GOOGL) by 10,568 shares, Pfizer (PFE) by 915 shares, and Johnson & Johnson (JNJ) by 136 shares.

On the other hand, Pin Oak Investment Advisors Inc increased its holdings in Vanguard Total Stock Market ETF (VTI) by 1,505 shares, Nvidia (NVDA) by 635 shares, and Kayne Anderson MLP Investment (KYN) by 1,414 shares.

Conclusion

Pin Oak Investment Advisors Inc made several changes to its portfolio in Q1 2023, with a decrease in its total portfolio value. The firm sold its entire position in Liberty SiriusXM Group and reduced its holdings in Alphabet, Pfizer, and Johnson & Johnson. However, the company increased its holdings in Vanguard Total Stock Market ETF, Nvidia, and Kayne Anderson MLP Investment. It will be interesting to see the firm's next set of filings and how it adjusts its portfolio to reflect its investment strategy.