Sterneck Capital Management, LLC Q3 2023 vs. Q4 2023 13F Holdings Comparison

Apple Inc, Invesco Exchange Traded FD T, SPDR Index SHS FDS, J P Morgan Exchange Traded F, and more - these are just a few of the companies that have undergone significant changes in their holdings between Q3 2023 and Q4 2023. Sterneck Capital Management, LLC, a renowned investment management firm, has recently released their 13F holdings report, providing valuable insights into the shifts in their portfolio.

In this article, we will delve into the highlights of the report, analyzing the changes in the number of shares and the value of holdings for various companies. We'll also explore the reasons behind these fluctuations and what they may indicate for the future.

One company that stands out is Apple Inc. Sterneck Capital Management, LLC reduced its holdings of Apple Inc shares from 98,378 in Q3 2023 to 93,456 in Q4 2023. Despite this decrease, the value of their holdings increased from $16,843,000 to $17,992,000 - a 6.8% change. This suggests that Sterneck Capital Management has confidence in the future growth and potential of Apple Inc.

Another interesting change is seen in Invesco Exchange Traded FD T, where the number of shares held by Sterneck Capital Management decreased from 103,191 to 100,741. However, the value of their holdings increased by 8.7% from $14,621,000 to $15,896,000. This indicates that Sterneck Capital Management sees potential in this company, despite holding fewer shares.

Sterneck Capital Management also made notable adjustments to their holdings in SPDR Index SHS FDS and J P Morgan Exchange Traded F. For SPDR Index SHS FDS, the number of shares held decreased from 314,176 to 310,167, while the value of holdings increased by 4.1%. A similar pattern is observed in J P Morgan Exchange Traded F, with a decrease in the number of shares held from 74,271 to 72,716 and a 7.1% increase in value.

Among the companies with increased holdings by Sterneck Capital Management are Amazon.com Inc, American Centy ETF TR, and Alphabet Inc. Amazon.com Inc saw a decrease in the number of shares held from 30,842 to 30,437, but an 18% increase in value. This indicates that Sterneck Capital Management has faith in the growth potential of Amazon despite reducing their number of shares.

Sterneck Capital Management increased their holdings in American Centy ETF TR from 39,327 to 39,613 shares, with the value of holdings rising by 16% from $3,065,000 to $3,557,000. Similarly, the number of shares held in Alphabet Inc decreased from 26,065 to 25,055, but the value of holdings increased by 2.7%.

It's important to note that Sterneck Capital Management's adjustments in their holdings are based on various factors, including market trends, company performances, and internal strategies. The overall goal is to optimize their portfolio for the best possible returns and risk management.

In conclusion, Sterneck Capital Management's 13F holdings report for Q3 2023 and Q4 2023 reveals intriguing changes in their portfolio. The adjustments in the number of shares and the value of holdings for various companies indicate their confidence in certain stocks while adjusting their positions in others. These holdings changes offer valuable insights for investors and analysts alike, showcasing the strategic moves made by an influential investment management firm.

Please note that the data and analysis provided in this article are based on the hypothetical 13F holdings report and are for informational purposes only. This article does not constitute financial advice or a recommendation to buy or sell any securities. Investors should conduct their own research and consult with a financial advisor before making any investment decisions.