Wealthstar Advisors, LLC Q3 2023 vs. Q4 2023 13F Holdings Comparison
Ava Hoppe | 22 January, 2024
Wealthstar Advisors, LLC is a well-known investment firm that manages various portfolios on behalf of its clients. Each quarter, the firm is required to file a form called the 13F with the U.S. Securities and Exchange Commission (SEC). This form provides a snapshot of the firm's holdings at the end of the quarter.
In this article, we will compare the holdings of Wealthstar Advisors, LLC in the third quarter of 2023 (Q3 2023) with its holdings in the fourth quarter of 2023 (Q4 2023). By analyzing the changes in holdings, we can gain valuable insights into the investment decisions made by this prominent firm.
1. SPDR S&P 500 ETF TR (SPY):
- In Q3 2023, Wealthstar Advisors held 786,200 shares of SPY, with a value of $30,453,000.
- In Q4 2023, the firm reduced its holdings to 750,400 shares, worth $356,672,000.
- This represents a decrease of 4.6% in the number of shares and an increase of 1,071.2% in the value of holdings.
2. DIREXION SHS ETF TR (SPXL):
- Wealthstar Advisors held 716,635 shares of SPXL in Q3 2023, valued at $56,040,000.
- In Q4 2023, the firm maintained its holdings at 716,643 shares, but the value increased to $74,523,000.
- There was a negligible change in the number of shares, but the value of holdings increased by 33%.
3. ISHARES TR (LQD):
- In Q3 2023, the firm held 413,157 shares of LQD, valued at $42,150,000.
- In Q4 2023, Wealthstar Advisors reduced its holdings to 397,952 shares, worth $44,036,000.
- This represents a decrease of 3.6% in the number of shares and an increase of 4.5% in the value of holdings.
4. ISHARES TR (HYG):
- Wealthstar Advisors held 326,728 shares of HYG in Q3 2023, valued at $24,086,000.
- In Q4 2023, the firm decreased its holdings to 316,297 shares, with a value of $24,478,000.
- This represents a decrease of 3.2% in the number of shares and an increase of 1.6% in the value of holdings.
5. ISHARES TR (GVI):
- In Q3 2023, the firm held 138,754 shares of GVI, valued at $14,059,000.
- In Q4 2023, Wealthstar Advisors reduced its holdings to 127,236 shares, worth $13,329,000.
- This represents a decrease of 8.3% in the number of shares and a decrease of 5.2% in the value of holdings.
These are just a few examples of the changes in holdings reported by Wealthstar Advisors, LLC for Q3 2023 and Q4 2023. As an investment firm, it is crucial for them to carefully analyze and manage their portfolios to maximize returns for their clients. The changes in holdings indicate their assessment of market conditions and their investment strategies.
It's important to note that the 13F form provides a limited snapshot of an investment firm's holdings and doesn't capture all of their investment activities. Additionally, it's crucial for investors to conduct their own thorough research and consult with financial advisors before making any investment decisions.
The information provided in this article is based on publicly available data, and the opinions expressed are solely those of the author.
Other Posts
- St-Méthode Bakery: A Partnership for Growth and Innovation
- Navigating the Shifts in Portfolio Strategy: Stordahl Capital Management's Investment Insights
- Hedge fund under the microscope: First Republic's Q3 2022 vs. Q4 2022 Holdings
- Ridgemont Equity Partners: Expanding Team and Celebrating Best Places to Work Recognition
- Investment Counsel's Q3 2022 vs. Q4 2022: Analyzing the Dramatic Shifts in Holdings
- Agilis Partners LLC Q4 2022 vs. Q1 2023: A Comparative Analysis of 13F Holdings
- Unlocking the Future of Finance: How AssetMark's Leap to GTCR Fuels Innovation and Empowerment
- Vanguard Group Inc Q3 2022 vs. Q4 2022 Comparison: Insights on the Biggest Fund Holdings
- Mogo Stirring the Financial Soup: A Fresh Face and a New Taste for WonderFi's Board
- **Expanding Beyond Borders: How MB2 Dental Brings a Fresh Breath to Vermont's Green Mountains**