The Transformation of Pinkerton Retirement Specialists' Portfolio: Q3 2022 vs. Q4 2022

The investment world is about making profits, and that is why fund managers need to be keen on the dynamics of the stock market. Quarterly changes in holdings are normal, as fund managers buy and sell securities based on what they believe is the best strategy. Pinkerton Retirement Specialists, LLC, is no different. In Q3 of 2022, the firm made significant moves in its portfolio, but that was not enough, as they continued to make transactions at the end of the year. This blog post will analyze Pinkerton Retirement Specialists' Q3 and Q4 2022 13F holdings comparison.

In Q3, Pinkerton Retirement Specialists held over 30 securities across different sectors. The top holdings included Schwab U.S. Large-Cap ETF, Schwab International Equity ETF, and Schwab US Dividend Equity ETF. By the end of the Q4, Schwab US Broad Market ETF, Vanguard Mid-Cap ETF, and SPDR Dow Jones Industrial Average ETF Trust joined the list of top holdings.

The team increased their position in Schwab US Large-Cap ETF by 203.4%, indicating their confidence in the company's future. With a value of $13126 in Q3 and $39818 in Q4, the firm spent $26,692,000 to buy more shares. Their allocation in Schwab International Equity ETF in Q3 was worth $5852, while that of Q4 was $32318, a change of 452.3%.

Regarding Schwab US Dividend Equity ETF, the holding remained almost constant from Q3 to Q4. Pinkerton Retirement Specialists held 370,413 shares in Q3 and 371,853 in Q4, an increase of 14.2%. However, some of the securities experienced significant changes in holdings.

For example, the firm's allocation in Schwab US Broad Market ETF grew at an alarming rate. In Q3, they had 18195 shares worth $764, and that grew by a staggering 3280% in Q4 to reach 576287 shares worth $25823. Vanguard Mid-Cap ETF and SPDR Dow Jones Industrial Average ETF Trust were not present in Q3. Still, the firm added the two ETFs in Q4, with the latter experiencing the most massive growth of 73309 shares worth $24289.

Pinkerton Retirement Specialists reduced their allocation in some of the ETFs in the bond sector. They decreased their position in Vanguard Intermediate-Term Bond ETF and iShares 7-10 Year Treasury Bond ETF by 2.2% and 2.5%, respectively. The team's investment in iShares 1-5 Year Investment Grade Corporate Bond ETF also shrank by 6.9%.

In the semiconductor industry, Analog Devices Inc. became the company with the most significant growth in the fund by 12.7%, with the fund increasing its stake from 17,621 shares to 16,921 shares. On the other hand, Qualcomm Incorporated's growth stood at 11.5%, with an increase in its share price from 16,941 shares to 19,406 shares.

Other notable changes that occurred in the fund include the addition of Waste Mgmt Inc Del Com and Penske Automotive Grp Inc Com in Q4, with the two companies not appearing in Q3. Furthermore, Amazon Com Inc Com and WP Carey Inc Com witnessed a decrease of over 30% in their holdings.

In conclusion, Pinkerton Retirement Specialists, LLC has implemented significant changes in its portfolio from Q3 to Q4 of 2022. While some companies such as Schwab US Large-Cap ETF experienced an increase in holdings, some companies, like WP Carey Inc Com and Amazon Com Inc Com, experienced a significant decrease in holdings. Although it is hard to predict what the future holds for these stocks, Pinkerton Retirement Specialists' portfolio changes can provide insight into the company's investment strategy.