The Changing Landscape of Summit Financial Strategies: Analysis of Q4 2022 vs. Q1 2023 Holdings

Investing in the stock market is not merely about buying and selling stocks; it involves making informed decisions based on accurate information. For this reason, analyzing quarterly 13F holdings is crucial for investors, as it gives them a better understanding of a company's investment decisions.

In this article, we will analyze the Q4 2022 vs. Q1 2023 holdings of Summit Financial Strategies, Inc. by closely examining the changes in holdings of various companies in their portfolio.

Let's dive into the details and see which companies the Summit Financial Strategies, Inc. decided to bet on and which companies they dropped.

The Big Buys

1. Energy Transfer L P (ET):

Energy Transfer L.P. is one of the leading midstream operators in the United States. Summit Financial Strategies, Inc. added 1,000 shares, increasing their holdings from 84,007 in Q4 2022 to 84,107 in Q1 2023, with a 5.2% change in value.

2. Agilon Health Inc. (AGL):

Agilon Health is a healthcare company that partners with primary care physicians to provide quality care to patients. Summit Financial Strategies, Inc added 991 shares, increasing their holdings from 33,287 in Q4 2022 to 31,699 in Q1 2023, with a 40.1% change in value.

3. Tesla Inc. (TSLA):

Tesla Inc is known for its electric cars but has expanded into solar panels and clean energy production. Summit Financial Strategies, Inc. added 35 shares, increasing their holdings from 5,925 in Q4 2022 to 5,890 in Q1 2023, with a 67.4% change in value.

The Big Sells

1. The Procter & Gamble Company (PG):

Procter & Gamble is one of the largest consumer goods companies in the world. Summit Financial Strategies, Inc. sold 693 shares, reducing their holdings from 13,995 in Q4 2022 to 13,302 in Q1 2023, with a -6.8% change in value.

2. Merck & Co Inc. (MRK):

Merck & Co is a global healthcare company that develops prescription medicines, vaccines, and animal-health products. Summit Financial Strategies, Inc. sold 691 shares, reducing their holdings from 7,001 in Q4 2022 to 6,032 in Q1 2023, with a -17.4% change in value.

3. The Sherwin-Williams Company (SHW):

The Sherwin-Williams Company is a manufacturer and distributor of coatings and related products. Summit Financial Strategies, Inc. sold all its holdings, reducing its share from 8,136 in Q4 2022 to 8,136 in Q1 2023, with a -5.3% change in value.

The Holds

1. Microsoft Corporation (MSFT):

Microsoft Corporation is a multinational technology company that develops software, hardware, and computer services. Summit Financial Strategies, Inc. made no changes in their holdings, maintaining their ownership of 23,659 shares.

2. Apple Inc. (AAPL):

Apple is a technology giant that designs and manufactures smartphones, personal computers, and other consumer electronics. Summit Financial Strategies, Inc. made no changes in their holdings, maintaining their ownership of 64,523 shares.

Final Thoughts:

This analysis of the Q4 2022 vs. Q1 2023 holdings of Summit Financial Strategies, Inc. provides investors with valuable insights into the company's investment decisions. It is essential to keep in mind that holdings can fluctuate based on market conditions, company performance, and other factors.

As an investor, it is important to combine 13F holdings with other variables such as qualitative analysis, financial ratios, and market conditions to make informed investment decisions. By doing so, you can take advantage of market trends and maximizing your profits while minimizing your risks.