The Changing Landscape of Investment: A Comparison of Day & Ennis Holdings in Q4 2022 vs. Q1 2023

Investment in the stock market can be a tricky business. To make the most out of your portfolio, you need to keep a close eye on changes in the market and adapt your strategy as necessary. For fund managers like Day & Ennis, this means constantly evaluating their holdings to ensure that they are maximizing returns for their clients.

One way that fund managers keep tabs on their investments is by analyzing their 13F filings. These quarterly reports offer a glimpse into a fund's holdings, providing valuable insight into the decisions that fund managers make. In this article, we'll take a closer look at Day & Ennis' Q4 2022 vs. Q1 2023 13F holdings comparison to gain a better understanding of the changes in their portfolio.

Q4 2022 vs. Q1 2023: A Summary of Day & Ennis' Holdings

Day & Ennis, LLC is a private investment firm that specializes in helping mid-sized companies grow. To achieve this, the company invests in a diverse range of assets, including equities, fixed income, commodities, and currencies. Here is a breakdown of Day & Ennis' top holdings for Q4 2022 and Q1 2023:

- ISHARES TR (IVV): This ETF was Day & Ennis' top holding in both Q4 2022 and Q1 2023. The firm held 98,239 shares worth $37,744,000 in Q4 2022, which decreased to 91,630 shares worth $37,667,000 in Q1 2023. This represents a decrease of 0.2%.

- APPLE INC (AAPL): Day & Ennis' second-largest holding in both quarters was Apple Inc. The firm held 84,233 shares worth $10,944,000 in Q4 2022, which increased to 84,272 shares worth $13,896,000 in Q1 2023. This represents an increase of 27%.

- PACER FDS TR (COWZ): Day & Ennis' third-largest holding in Q4 2022 was Pacer FDS TR, with 250,759 shares worth $11,597,000. In Q1 2023, the firm increased its holdings to 270,392 shares worth $12,694,000. This represents an increase of 9.5%.

- ISHARES TR (IBTD): Day & Ennis' fourth-largest holding in Q4 2022 was ISHARES TR, with 445,858 shares worth $11,012,000. In Q1 2023, the firm increased its holdings to 499,707 shares worth $12,397,000. This represents an increase of 12.6%.

- ISHARES TR (IBTE): Day & Ennis' fifth-largest holding in Q4 2022 was ISHARES TR, with 453,201 shares worth $10,808,000. In Q1 2023, the firm increased its holdings to 512,996 shares worth $12,317,000. This represents an increase of 14%.

In addition to these top holdings, Day & Ennis made other notable changes to its portfolio. The firm increased its holdings in ISHARES TR (IUSB) by 29.9%, while decreasing its holdings in ISHARES INC (EEMV) by 8.3%. The firm also added new positions in ISHARES TR (IJR) and ISHARES TR (IYW), while selling off its holdings in ISHARES TR (ESGU) and ISHARES TR (GOVT).

What These Changes Mean for Day & Ennis

The changes that Day & Ennis made to its portfolio in Q1 2023 reflect the firm's shifting investment strategy. By increasing its holdings in companies like Apple and Pacer FDS TR, the firm is positioning itself to take advantage of expected growth in those sectors. At the same time, the firm is divesting itself of holdings that it believes are likely to underperform in the coming quarters.

Of course, it's important to note that these changes are not guarantees of future success. The stock market is notoriously volatile, and investing always comes with a certain degree of risk. However, by staying on top of changes in the market and adapting its portfolio as necessary, Day & Ennis is positioning itself to succeed in an ever-changing landscape.

Conclusion

Investing in the stock market is both an art and a science. To succeed, you need to have a deep understanding of the market and the companies in which you invest. By analyzing their Q4 2022 vs. Q1 2023 13F holdings comparison, we can see that Day & Ennis is taking a thoughtful and strategic approach to its investment strategy. By staying on top of changes in the market and adapting its portfolio as necessary, the firm is positioning itself for success in the years to come.