Triangle Securities Wealth Management Q4 2022 vs. Q1 2023 13F Holdings Comparison

In the world of investments, staying on top of the latest holdings of top funds can give valuable insights into market trends and shifts. This is where 13F filings come into play. Among the many investment firms that file 13F documents, Triangle Securities Wealth Management is one of the giants whose report is often watched closely. In this article, we'll be analyzing Triangle Securities Wealth Management's Q4 2022 vs. Q1 2023 13F holdings, outlining the changes in their holdings over the period and comparing the figures. We'll also be evaluating the reasons behind the changes, examining how the market shifted in favor of some holdings while others saw reduced market values.

Overview of Triangle Securities Wealth Management

Firstly, let's look at some basic information about Triangle Securities Wealth Management. As of Q4 2022, the firm has $2.05 billion in assets under management. Additionally, the firm has experienced a 8.2% increase in its assets over the last quarter. These important details form the backdrop of the fund's top holdings.

Top Holdings Changes

Beginning with the positive changes in holdings, Triangle Securities Wealth Management's value of VGT, or Vanguard World FDS, increased by 18.9% from 7767 to 9238. This significant increase may be attributed to the company's exceptional performance in the market. The fund's profits were not the only holdings that saw its value increase; other holdings such as SAMT, or Advisors Inner Circle FD III, and VCR, or Vanguard World FDS, increased as well. On the other hand, some holdings decreased from the last quarter. For example, the value of PFE, or Pfizer Inc, decreased by 21.2%. The reduction, in this case, could be due to the company's vaccine supply issue, among other market reasons. Holdings such as TFC, or Truist Finl Corp, went down by 20.3% over the same period.

Sector Changes

One way to analyze the market is by looking at the sectors in which the funds operate. These are also prominently displayed in the report. There were a few noticeable sector changes between Q4 2022 and Q1 2023. As of Q1 2023, the holdings of Triangle Securities Wealth Management exhibited the following sectors: information technology, finance, health care, consumer discretionary, energy, and communication services. In the information technology sector, the total percentage change in shares was -1.9%, while in finance, it was -4.8%. Conversely, holdings in both the health care and consumer discretionary sectors increased by 2.5% and 49.3%, respectively.

Key Takeaway

With Triangle Securities Wealth Management's latest report, there are some key takeaways for investors. While some holdings did not perform as expected and experienced negatives changes, others saw positive changes. Overall, this latest report highlights the importance of ongoing analysis and research from investors. This will aid in better positioning and strategic decision-making when investing, helping to minimize risks while achieving satisfactory returns.