Shares, Values, and Changes: Comparing 13F Holdings of Top Funds in Q4 2022 and Q1 2023

As an investor, it's essential to keep yourself abreast of the changes made by the top funds in their holdings to maximize your chances of success. With the Securities and Exchange Commission (SEC) requiring institutional investment managers managing $100 million or more in assets to file a 13F report disclosing their holdings every quarter, reviewing these reports enables one to identify the latest investment decisions made by top funds.

To help you better understand these investment trends, we've analyzed the 13F holdings filed for Q4 2022 and Q1 2023 by the top funds and ETFs. Let's review the data and observe the changes that occurred between these two periods.

Starting with the funds that significantly increased their holdings over the period, Dimensional ETF Trust's DFAI and NTSI of WisdomTree witnessed an increase of 12.8% and 11.8%, respectively. DFAI, with 5.4 million shares, increased its portfolio value from $136 billion to $154 billion, while WisdomTree's NTSI increased from 1.7 million shares to 1.8 million shares, with its portfolio value rising from $56 to $63 million.

Next in line are funds of Vanguard, VTI, and VOE, with both showing an increase of 15.3% and 4.8%, respectively. The former saw an increase in shares from 132,759 to 143,350, while the latter raised its shares from 411,405 to 434,842.

As far as declining shares are concerned, we can see that iShares TR's AGG, with a decline of 25.6%, stands at the top. AGG's shares went down from 251,288 to 182,007. Although the reason behind the decline is unknown, investors who have shares in the fund should re-evaluate their investment strategies accordingly.

In second place is PIMCO Corporate & Income Opp (PTY), with a decline of 79.9% from its Q4 2022 holdings. While PTY was holding 176,980 shares in Q4 2022, the number declined to 306,591 in Q1 2023.

Now, let's move on to the individuals stocks held by these funds. Although almost all funds increased their stakes in NVIDIA Corporation (NVDA), the stock was held by none in Q4 2022. However, as of Q1 2023, NVIDIA is in the top 5 by both shares held (775) and value ($215,000).

Another notable addition to holdings of the funds was that of Steel Dynamics Inc (STLD), which saw an increase from 0 shares in Q4 2022 to 1,901 in Q1 2023. This development aligns with the increasing demand for steel over the past few months.

Among stocks that had a decline in stakes, Johnson & Johnson (JNJ) saw a significant drop by 41.4% in Q1 2023, with shares dropping from 2,618 to 1,748. Another notable decline was seen in shares of Microsoft Corporation (MSFT), where the overall shares dropped by 49.1% in Q1 2023; despite having 3,162 shares in Q4 2022, the number fell to 1,338 shares in Q1 2023.

As we conclude, we hope this analysis has been helpful in highlighting the changes in holdings by these top funds and the stocks, which will allow investors to adjust their strategies accordingly. Don't forget to review the 13F filings every quarter to remain up-to-date with the latest investment trends and changes in holdings.