Truvvo Partners LLC Q2 2022 vs. Q3 2022: An In-Depth Look at the Changes in 13F Holdings

Truvvo Partners LLC, a registered investment advisor, recently filed its 13F report with the SEC for Q2 and Q3 of 2022. It is a quarterly report that contains information regarding the holdings of institutional investment managers with at least $100 million in assets under management.

The 13F report captures the changes in the number of shares and the market value of stocks held by the fund in the second and third quarters of 2022. Truvvo Partners LLC made significant changes in its portfolio, which are noteworthy for investors seeking insights into institutional strategies.

Goldman Sachs Group Inc, Apple Inc, and Vanguard Index Fds continue to be among the top three stocks held by Truvvo Partners LLC in both quarters. Despite the unchanged number of shares held between Q2 and Q3 for Goldman Sachs Group Inc and Vanguard Index Fds, the value of the shares dropped by 1.3% and 5.4%, respectively. Apple Inc, on the other hand, reported a 1.2% increase in the market value of shares held.

The fourth stock held by Truvvo Partners LLC is iShares TR, a blackrock company. Interestingly, only 8795 shares remained by the close of Q3, representing a 36.1% reduction compared to Q2's 12331 shares. The significant shift in shares resulted in a decrease in the market value by 36.1%.

Another tech stock, Microsoft Corp, ranked fifth in the holdings list. The fund made slight downward adjustments to the number of shares held, resulting in a 9.2% decrease in the market value of shares between Q2 and Q3.

Home Depot Inc and Marriott Intl Inc New, which ranked sixth and seventh, reported marginal increments in the number of shares held. The value of shares held increased by 1.2% and 3.3%, respectively.

Mastercard Incorporated, the eighth-highest ranked stock held by Truvvo Partners LLC, saw the number of shares held unchanged. However, the value of shares decreased by 9.6%, resulting in a decline in the market value of shares held.

Transportadora de Gas Sur and Empresa Dist Y Comercial Nor, ranked ninth and tenth, respectively, recorded significant increments in the value of shares held (44.3% and 52.3%). The increase in the market value of shares held is attributable to a rise in the number of shares held.

Lastly, Grupo Supervielle S.A. and iShares TR from Blackrock, ranked eleventh and twelfth, respectively, reported small market-value increments between Q2 and Q3 of 2022.

Overall, Truvvo Partners LLC made significant changes in its portfolio holdings in 2022 Q2 and Q3. The fund increased its stake in some stocks, reduced others and liquidated one (iShares TR) entirely. The shift in 13F holdings is an indication of investment managers' strategies when navigating dynamic markets to ensure they generate the most returns for their clients.