Steel Grove Capital Advisors, LLC Q3 2023 vs. Q4 2023 13F Holdings Comparison

Investing in the stock market is a popular way for individuals and companies to grow their wealth. It allows them to purchase shares of publicly traded companies and potentially benefit from their success. However, it's essential to monitor these investments and understand how they may change over time. One way to do this is by reviewing the 13F filings of fund managers, which provide insights into their holdings.

Steel Grove Capital Advisors, LLC recently released its Q3 2023 and Q4 2023 13F holdings comparison. These filings disclose the fund's holdings in various companies, the number of shares held, and the value of those shares. Analyzing these changes can provide valuable information for investors and help them make informed decisions.

Let's dive into some of the significant changes in Steel Grove Capital Advisors, LLC's 13F holdings.

1. VOO - Vanguard Index Funds:

- Q3 2023: 594,016 shares

- Q4 2023: 541,423 shares

- Change: -1.4%

Steel Grove Capital Advisors reduced its holdings in VOO, Vanguard Index Funds, by 1.4% from Q3 to Q4 2023. This change could indicate a shift in their investment strategy or a reallocation of funds to other opportunities.

2. QQQ - Invesco QQQ Trust:

- Q3 2023: 349,375 shares

- Q4 2023: 332,191 shares

- Change: -8.7%

The fund also decreased its holdings in QQQ, Invesco QQQ Trust, by 8.7% during the same period. This change suggests that Steel Grove Capital Advisors may have adjusted its exposure to the technology sector, as QQQ is composed mainly of technology companies.

3. DIA - SPDR Dow Jones Industrial Average ETF:

- Q3 2023: 107,013 shares

- Q4 2023: 107,013 shares

- Change: No change

Steel Grove Capital Advisors maintained its position in DIA, SPDR Dow Jones Industrial Average ETF. This ETF tracks the performance of the Dow Jones Industrial Average, providing exposure to blue-chip companies. The fund's decision to hold its position indicates stability in this particular investment.

4. DSTL - ETF Series Solutions:

- Q3 2023: 654,588 shares

- Q4 2023: 652,866 shares

- Change: -10.3%

There was a slight decrease in the holdings of DSTL, ETF Series Solutions, with a change of -10.3%. While the magnitude of the change may not be significant, it demonstrates some adjustments made by Steel Grove Capital Advisors to its holdings.

5. GOOGL - Alphabet Inc:

- Q3 2023: 163,155 shares

- Q4 2023: 133,149 shares

- Change: -12.9%

Steel Grove Capital Advisors decreased its holdings in Alphabet Inc, the parent company of Google, by 12.9%. This change could reflect their assessment of the company's future prospects or a reallocation of funds to other investments.

6. NVDA - NVIDIA Corporation:

- Q3 2023: 16,717 shares

- Q4 2023: 22,370 shares

- Change: 52.3%

On the other hand, the fund significantly increased its holdings in NVIDIA Corporation, a leading technology company known for its graphics processing units (GPUs). This sizable increase of 52.3% suggests that Steel Grove Capital Advisors sees potential in the company's future growth.

These are just a few examples of the changes in Steel Grove Capital Advisors, LLC's 13F holdings. By analyzing these changes in their portfolio, investors can gain insights into the fund's investment strategy and make better-informed decisions when considering their own investment opportunities.

Investing in the stock market always carries risks, and it's important to conduct thorough research and seek professional advice when necessary. While 13F filings provide valuable information, they should not be the sole basis for making investment decisions. Factors such as market conditions, company performance, and individual financial goals should also be considered.

Remember, the stock market is dynamic, and investment portfolios require regular monitoring and adjustments to align with changing market trends and personal financial objectives.