SeaCrest Wealth Management, LLC Q2 2023 vs. Q3 2023 13F Holdings Comparison

SeaCrest Wealth Management, LLC recently released its 13F holdings report for the second and third quarters of 2023. This report provides valuable insights into the changes in the fund's holdings during this period. In this article, we will discuss the significant changes in the fund's holdings and analyze the reasons behind these shifts.

Apple Inc (AAPL):

SeaCrest Wealth Management reduced its holdings in Apple Inc (AAPL) by 12.8% during the third quarter of 2023 compared to the second quarter. The fund sold 5,177 shares, bringing its total holdings down to 414,425 shares. The value of the holdings also decreased from $81,390,000 to $70,953,000.

Microsoft Corp (MSFT):

The fund made a slight reduction in its holdings of Microsoft Corp (MSFT) during the third quarter, selling 541 shares. This represents a decrease of 7.8% in the number of shares held. The value of the holdings decreased from $31,019,000 to $28,590,000.

Alphabet Inc (GOOGL and GOOG):

SeaCrest Wealth Management maintained its holdings in Alphabet Inc (GOOGL and GOOG) relatively stable during the third quarter. It added just 45 shares, bringing the total number of shares held to 189,617. The value of the holdings increased slightly from $22,691,000 to $24,813,000.

Nvidia Corporation (NVDA):

The fund increased its holdings in Nvidia Corporation (NVDA) by 9.6% during the third quarter. SeaCrest Wealth Management added 2,668 shares to bring its total holdings to 43,264 shares. The value of the holdings increased from $17,172,000 to $18,819,000.

Amazon.com Inc (AMZN):

SeaCrest Wealth Management made a modest reduction in its holdings of Amazon.com Inc (AMZN) during the third quarter. The fund sold 2,107 shares, representing a decrease of 4.3% in the number of shares held. The value of the holdings decreased from $14,656,000 to $14,024,000.

Berkshire Hathaway Inc (BRK-B):

SeaCrest Wealth Management significantly increased its holdings in Berkshire Hathaway Inc (BRK-B) during the third quarter. The fund added 28,464 shares, more than ten times its holdings in the previous quarter. The value of the holdings increased from $910,000 to $10,906,000.

These are just a few examples of the changes in SeaCrest Wealth Management's holdings during the second and third quarters of 2023. Overall, the fund made both additions and reductions in its holdings, reflecting its strategy and market conditions.

It's important to note that the 13F filings provide a snapshot of a fund's holdings at a specific point in time and may not represent the fund's current positions. Investors should consider other factors and consult with their financial advisors before making any investment decisions.

As an investor, it's always interesting to analyze the holdings of institutional investors like SeaCrest Wealth Management. By tracking their buying and selling patterns, individual investors can gain insights into market trends and potentially identify investment opportunities. However, it's important to conduct thorough research and make informed decisions based on your own investment goals and risk tolerance.

In conclusion, SeaCrest Wealth Management made significant changes in its holdings during the second and third quarters of 2023. The fund reduced its holdings in some companies while increasing its positions in others. These changes reflect the fund's strategy and market conditions during the period. Investors should consider these factors when evaluating their own investment decisions.