Redhawk Wealth Advisors, Inc. Q3 2023 vs. Q4 2023 13F Holdings Comparison

In the ever-evolving world of finance, it is crucial for investors and financial advisors to stay up to date with the latest trends and changes in the market. One way to achieve this is by reviewing the quarterly 13F filings, which provide valuable insights into the holdings and investments of institutional investors. Redhawk Wealth Advisors, Inc. recently released their Q3 2023 and Q4 2023 13F holdings comparison, shedding light on their investment strategies and portfolio adjustments.

During the third quarter of 2023, Redhawk Wealth Advisors, Inc. made several significant changes to their portfolio. One notable change was their reduced investment in the SPDR S&P 500 ETF TR (SPY). The number of shares owned by Redhawk Wealth Advisors, Inc. decreased from 73,174 in Q3 to 58,062 in Q4, representing an 11.8% decrease. Similarly, the value of their holdings in SPY declined from $31,280,000 to $27,597,000.

Another important shift in Redhawk Wealth Advisors, Inc.'s portfolio was their increased investment in the GOLDMAN SACHS ETF TR (GBIL). In Q3, they did not hold any shares of GBIL, but in Q4, they acquired 275,858 shares, valued at $27,514,000.

Redhawk Wealth Advisors, Inc. also demonstrated a strong interest in the SPDR GOLD TR (GLD) during the third and fourth quarters of 2023. Their holding in GLD increased from 32,333 shares in Q3 to 70,209 shares in Q4, representing a significant growth of 142.1%. The value of their GLD holdings rose from $5,543,000 to $13,421,000.

In the technology sector, Redhawk Wealth Advisors, Inc. displayed a bullish outlook on Apple Inc. (AAPL). Their investment in AAPL increased from 52,566 shares in Q3 to 67,920 shares in Q4, indicating a 45.3% rise. The value of their AAPL holdings also experienced growth, from $8,999,000 to $13,076,000.

Among other notable changes, Redhawk Wealth Advisors, Inc. significantly increased their investment in the VANECK ETF TRUST (MOAT) during the fourth quarter of 2023. They did not hold any shares of MOAT in Q3 but acquired 144,997 shares in Q4, valued at $12,305,000.

Furthermore, Redhawk Wealth Advisors, Inc. made minor adjustments to their holdings in various ETFs. They increased their holdings in ISHARES TR (DGRO), ISHARES TR (IVV), and FLEXSHARES TR (SKOR), while reducing their holdings in SELECT SECTOR SPDR TR (XLB) and ISHARES TR (SHYG).

Overall, Redhawk Wealth Advisors, Inc. demonstrated a proactive approach to portfolio management during the third and fourth quarters of 2023. Their increased investments in various sectors signify their confidence in the market and their efforts to maximize returns for their clients. As the financial landscape continues to evolve, it will be interesting to see how Redhawk Wealth Advisors, Inc. further adjusts their holdings in the future.

Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. The holdings mentioned above are based on publicly available information and may not represent the complete portfolio of Redhawk Wealth Advisors, Inc. It is recommended to consult with a qualified financial advisor before making any investment decisions.