The Rise and Fall of Q4 2022-Q1 2023 Holdings: MCIA Inc 13F Comparison

The end of a year is usually the perfect moment to reflect on the accomplishments and failures of the past months. And while for most of us, that reflection might be personal, for investment managers, it means evaluating how well their fund performed and what changes they need to make to improve it. This is precisely what happened to MCIA Inc, who recently released its Q4 2022-Q1 2023 13F holdings comparison. In this post, we'll analyze the report's most relevant changes and what to expect in the future.

For context, 13F filings are mandatory disclosures submitted by investment managers to the Securities and Exchange Commission (SEC). They contain valuable information about the fund's holdings, such as the number of shares and value of each position, and must be submitted within 45 days after the end of each quarter. That said, let's dive into MCIA's latest findings.

Firstly, it's worth noting that MCIA's total holdings decreased by 14.92%, from $198,905,000 to $169,362,000. However, this doesn't necessarily mean that the fund performed poorly. Instead, it could be a strategy decision to sell certain positions and shift resources to others. Nonetheless, this decrease is still a significant figure that investors should keep in mind when analyzing MCIA's performance.

One of the most notable changes is that MCIA sold its total position in two companies: SPDR SER TR and VANGUARD WHITEHALL FDS. The former was a small position, so the impact of selling it wasn't significant. On the other hand, the latter was a more substantial position, which leads us to believe that MCIA might have reevaluated its strategy in that market.

Another noticeable change is that MCIA substantially decreased its position in several iShares TR funds. For instance, its position in IWF decreased by 38%, from 173,775 to 95,674 shares. Similarly, its position in IJR decreased by 46.4%, from 85,295 to 46,807 shares, while its position in IWR decreased by 51.6%, from 111,699 to 53,874.

Although we don't have any information about why MCIA decided to sell its position in these funds, it's worth noting that iShares mainly focuses on index funds. So it's possible that MCIA's strategy shifted away from passive investing and towards other types of funds.

Lastly, MCIA substantially increased its position in two companies: KRAFT HEINZ CO and J P MORGAN EXCHANGE-TRADED F. Its position in the former increased by 66.9%, from 31,198 to 56,259 shares, while its position in the latter increased by 52%, from 4,254 to 6,505 shares.

As we mentioned earlier, we don't have access to MCIA's strategy and decision-making process, so we can't say for sure why it increased its stake in these companies. But one possible reason is that it's bullish on their future growth prospects. Additionally, the fact that KRAFT HEINZ CO has been implementing new initiatives to improve its business, such as reducing costs and increasing marketing expenses, could have influenced MCIA's decision.

In conclusion, MCIA Inc's Q4 2022-Q1 2023 13F holdings comparison showed some significant changes in its holdings that investors should keep in mind. Remember that these changes don't necessarily mean that MCIA performed poorly but could be part of its investment strategy. Regardless, it's always crucial to keep abreast of changes in investment fund holdings and understand their implications.