Wealthstar Advisors Q3 vs. Q4 2022: A Comprehensive Analysis of Portfolio Changes

Wealthstar Advisors LLC, a registered investment advisor, recently released its Q3 and Q4 2022 13F Holdings Comparison report, revealing the latest changes made to its portfolio. With a diverse range of investments and options, this report has garnered attention from investors looking to make informed decisions about their own investment strategies. In this article, we delve into the report's findings and provide insights into the portfolio changes made by Wealthstar Advisors.

First, we see that Wealthstar Advisors reduced its holdings in LQD, an iShares mutual fund, by 0.1% from Q3 to Q4 2022. While this is a minor change, it highlights the wealth manager's focus on optimizing its portfolio. Similarly, the firm also slightly reduced its holdings in HYG, an iShares ETF focused on high-yield corporate bonds. The 3.3% reduction from Q3 to Q4 was accompanied by a decrease in market value, indicating an effort to optimize its holdings.

On the other hand, Wealthstar Advisors significantly increased its holdings in SPXL, a Direxion fund designed to provide exposure to the S&P 500's daily returns. With an 18.1% increase in shares and a 15.5% increase in market value, it's clear that the firm's investment strategy is focused on capitalizing on market growth.

In addition to its stock and ETF holdings, Wealthstar Advisors also made changes to its options holdings. The firm increased its holdings in Texas Instruments (TXN), a leading semiconductor manufacturer, by 10.7%. This change is in line with broader market trends where semiconductor companies have been among the top performers in recent years.

Moreover, among the bonds and notes options, Wealthstar Advisors decreased its holdings in IGSB and IUSB, both iShares Treasury Bond ETFs, indicating a shift in inclination towards different types of investments. At the same time, IGIB, an iShares Intermediate Corporate Bond ETF, saw a 2.9% increase in holdings from Q3 to Q4.

Looking at the equity holdings, we see a significant increase in wealth manager's shares in Chevron Corp (CVX) and Exxon Mobil Corp (XOM), up 21.6% and 22.4%, respectively. These changes were accompanied by significant increases in market value, indicating a strong focus on the energy sector.

Also of note, Wealthstar Advisors significantly reduced its position in Amazon.com Inc. (AMZN) by 23.3%. The company's market value decreased from $794,000 to $609,000, indicating a move away from the tech giant. This shift can be viewed in the context of industry trends, where growth sectors such as tech and e-commerce are beginning to underperform relative to others.

In conclusion, Wealthstar Advisors' Q3 vs. Q4 2022 portfolio report highlights the firm's continued focus on optimization and capitalizing on emerging market trends. Its notable increase in equity holdings in Chevron and Exxon, as well as its focus on high performing semiconductor companies, shows an inclination toward the energy and technology sectors. Meanwhile, its slight reduction in holdings in the iShares mutual fund LQD highlights the wealth manager's attempt to optimize its holdings. As always, investors should carefully evaluate their own investment strategies and risk tolerance before making any decisions.