Raub Brock Capital Management's 13F Holdings: Q4 2022 vs. Q1 2023

Raub Brock Capital Management is a privately-owned investment management firm founded in 2016 that serves as an investment advisor to pooled investment vehicles. The company, which is based in New York, specializes in fundamental research analysis and invests in the equity, fixed income, and alternative markets in the United States.

As their latest 13F filings have become public, let's take a closer look at the changes in their holdings from Q4 2022 to Q1 2023.

Overall Changes

Raub Brock Capital Management's total value of investments in publicly-traded companies decreased from $814 million to $802 million from the end of Q4 2022 to the end of Q1 2023. The number of shares held also fell, from 3.06 million in Q4 2022 to 2.97 million at the end of Q1 2023. This 3% decrease in the number of shares held is significant, as it represents a shift in the firm's investment strategy from one quarter to the next.

New Investments

During Q1 2023, Raub Brock Capital Management initiated investments in 4 new companies, with a total portfolio value of $12 million. The new companies that they invested in include Amazon, MGM Resorts International, Bank of America, and Financial Select Sector SPDR.

Increased Investments

The company made significant investments in the following sectors during Q1 2023:

Technology Sector

The company increased their investment in Microsoft and NVIDIA by 66.4% and 90.1%, respectively, from Q4 2022 to Q1 2023. They also initiated a new investment in Amazon, which has become one of their top-10 holdings.

Healthcare Sector

Raub Brock Capital Management also increased their investment in Abbvie, Zoetis, and DexCom by 0.7%, 19%, and 2.6%, respectively.

Consumer Discretionary Sector

In this sector, they opted to double down on their investments in Nike, with a 6.6% increase in shares held, and Dollar General Corp New, with a 11.5% decrease in shares held.

Decreased Investments

The company appears to have decreased their investment in financial services, as their number of shares held in Financial Select Sector SPDR, Bank of America, and Blackrock, Inc. fell by 100%, 100%, and 5.6% respectively, in Q1 2023.

Conclusion

Overall, Raub Brock Capital Management's latest 13F holdings comparison is a clear indication that they are continually reassessing and adapting their strategy, with a focus on the technology and healthcare sectors. While they may have decreased investment in some areas, they've added new companies, which could be an indicator that they're maximizing opportunities amid market volatility.

This analysis is only based on public information, and though helpful, it may not reflect the company's comprehensive portfolio strategy. Nonetheless, this assessment provides useful insights for investors looking to diversify their portfolio.