Triangle Securities Wealth Management Q2 2023 vs. Q3 2023 13F Holdings Comparison

Introduction:

In the investment world, keeping track of changes in fund holdings is crucial for investors and analysts alike. It provides valuable insights into how investment strategies are evolving and where opportunities may lie. In this article, we will examine the Q2 2023 and Q3 2023 13F Holdings Comparison of Triangle Securities Wealth Management. We will highlight the significant changes in holdings and discuss their implications.

Digging Into the Data:

SCHWAB STRATEGIC TR:

- In Q3 2023, Triangle Securities Wealth Management slightly reduced its holdings in SCHWAB STRATEGIC TR from 161,228 shares to 161,551 shares, representing a 4.5% change.

- The value of the holdings also decreased from $11,452,000 to $10,933,000.

VANGUARD WORLD FDS:

- Triangle Securities Wealth Management showed a slight reduction in its holdings of VANGUARD WORLD FDS, with the number of shares decreasing from 23,389 to 23,164, reflecting a 7.1% change.

- The value of these holdings declined from $10,341,000 to $9,610,000.

MICROSOFT CORP:

- No significant changes were observed in Triangle Securities Wealth Management's holdings of MICROSOFT CORP. The number of shares remained nearly unchanged at 28,944 in both quarters.

- However, the value of these holdings decreased from $9,856,000 to $9,138,000, representing a decline of 7.3%.

SPDR SER TR:

- Triangle Securities Wealth Management increased its holdings in SPDR SER TR from 107,354 shares to 108,299 shares, reflecting a 5.4% change.

- The value of these holdings declined from $8,286,000 to $7,837,000.

ALPHABET INC:

- Triangle Securities Wealth Management showed a slight reduction in its holdings of ALPHABET INC, with the number of shares decreasing from 51,659 to 51,344, reflecting an 8.3% change.

- However, the value of these holdings increased from $6,249,000 to $6,769,000.

MANAGED PORTFOLIO SERIES:

- Triangle Securities Wealth Management slightly increased its holdings in MANAGED PORTFOLIO SERIES from 261,267 shares to 263,653 shares, representing a 0.1% change.

- The value of these holdings remained relatively stable at $6,441,000 in both quarters.

BLACKSTONE INC:

- Triangle Securities Wealth Management reduced its holdings in BLACKSTONE INC from 58,290 shares to 57,683 shares, reflecting a 14% change.

- Surprisingly, the value of these holdings increased from $5,419,000 to $6,180,000.

ADVISORS INNER CIRCLE FD III:

- Triangle Securities Wealth Management increased its holdings in ADVISORS INNER CIRCLE FD III from 267,464 shares to 272,511 shares, reflecting a 2.1% change.

- The value of these holdings decreased slightly from $6,241,000 to $6,111,000.

APPLE INC:

- Triangle Securities Wealth Management showed a slight reduction in its holdings of APPLE INC, with the number of shares decreasing from 34,563 to 34,523, reflecting an 11.8% change.

- Furthermore, the value of these holdings declined from $6,704,000 to $5,910,000.

EXXON MOBIL CORP:

- Triangle Securities Wealth Management increased its holdings in EXXON MOBIL CORP from 49,112 shares to 49,244 shares, representing a 9.9% change.

- The value of these holdings increased from $5,267,000 to $5,790,000.

Analyzing the Changes:

From the data, we can observe some interesting trends in Triangle Securities Wealth Management's Q2 2023 and Q3 2023 13F holdings. While some holdings remained relatively stable, others experienced significant shifts.

One notable change is the reduction in holdings of VANGUARD WORLD FDS and MICROSOFT CORP. This suggests that Triangle Securities Wealth Management may be adjusting its portfolio by reducing exposure to these stocks. On the other hand, the increase in holdings of EXXON MOBIL CORP indicates a bullish sentiment towards the energy sector.

The increase in holdings of BLACKSTONE INC is quite intriguing. With a reduction in the number of shares held, one might assume a decrease in the value of the holdings. However, the opposite is true, indicating that Triangle Securities Wealth Management sees potential and increased value in BLACKSTONE INC.

It's worth noting that Triangle Securities Wealth Management slightly increased its holdings in MANAGED PORTFOLIO SERIES and ADVISORS INNER CIRCLE FD III. This suggests a continued interest in these funds, potentially due to their performance and alignment with the firm's investment strategies.

Conclusion:

Understanding the changes in fund holdings is crucial for investors and analysts to make informed decisions. Triangle Securities Wealth Management's Q2 2023 and Q3 2023 13F Holdings Comparison provides valuable insights into the firm's investment strategies and potential opportunities in the market. While some holdings exhibited stability, others experienced significant adjustments, indicating a dynamic approach to portfolio management. Investors can use this information to assess their own investment strategies and align them with the ever-changing market trends.