A Deep Dive into Checchi Capital Advisers, LLC Q3 2022 vs. Q4 2022 13F Holdings Comparison

Investors are always keen to know about the latest updates and changes to 13F portfolios. One such update has recently been released by Checchi Capital Advisers, LLC detailing the Q3 2022 vs. Q4 2022 holdings comparison across 56 stocks, mutual funds, ETFs, and options.

The data shows that there have been significant ups and downs over the past few months. Some stocks have plummeted, while others have risen to new heights. In this blog post, we'll take a closer look at this report and analyze what it means for investors.

Introduction

Before we dive into the specifics, let's take a moment to understand what a 13F filing is. The Securities and Exchange Commission (SEC) requires institutional investment managers with assets under management of at least $100 million to file a Form 13F. This form details their holdings of publicly traded securities, including stocks, bonds, ETFs, and options. These filings are made quarterly, and they provide a window into what institutional investors are buying and selling.

Checchi Capital Advisers, LLC recently released its Q3 2022 vs. Q4 2022 13F holdings comparison report, and it offers insights into how the company's portfolio has changed over the past few months. In the following sections, we'll take a closer look at some of these changes.

Main Body

Technology Stocks

One of the most notable shifts in Checchi Capital Advisers' portfolio was the reduction in its Apple Inc. (AAPL) holdings by 14.7%. Its Microsoft Corp (MSFT) holdings increased by 4.1%, while its Intel Corporation (INTC) position shrunk by 28.8%. Two other stocks that saw significant declines were Amazon.com Inc. (AMZN) and Tesla Inc. (TSLA), which saw reductions of 32.7% and 55.1%, respectively.

It appears that Checchi Capital Advisers has been trimming some of its exposure to the tech sector in favor of other areas of the market. However, that does not mean that it has abandoned tech entirely. The investment manager has maintained a position in Nvidia Corporation (NVDA), which saw its holdings rise by 18.5%.

Bond, Gold & ETF

Checchi Capital Advisers' largest holding at the end of Q4 2022 was in the Vanguard Scottsdale Funds - Vanguard Long-Term Government Bond ETF (VGLT), which saw an increase in holdings of 120.2% compared to Q3 2022. This move into government bonds suggests that Checchi Capital Advisers may be viewing bonds as a safer bet in a volatile market.

The company also increased its holdings of Spdr S&P 500 ETF Trust (SPY) by 24.8% compared to Q3 2022.

As for the SPDR Gold Trust (GLD), the investment has seen an increase in holdings by 13.3% compared to Q3 2022. This is likely due to Checchi Capital Advisers perceiving gold as a safe-haven asset during times of uncertainty in the markets.

Mutual Funds

Checchi Capital Advisers also invested in a number of mutual funds. One such fund is the Vanguard Small-Cap Value ETF (VBR), where holdings were reduced by 51.8%. Another is the Vanguard Total Stock Market ETF (VTI), which saw an increase in holdings of just under 300%.

Conclusion

The Q3 2022 vs. Q4 2022 13F holdings comparison report released by Checchi Capital Advisers, LLC reveals that the investment manager has been making adjustments to its portfolio over the past few months.

It is not unusual for investment managers to make changes to their portfolios in response to shifts in the market. However, large changes in positions can be an indicator of broader trends.

In the case of Checchi Capital Advisers, it appears that the company has been reducing its exposure to the tech sector in favor of other areas, such as government bonds, gold, and mutual funds.

Investors should always do their due diligence and conduct their own analyses before making any investment decisions. Nonetheless, keeping tabs on institutional investors' positions can be a useful tool in developing a comprehensive investment strategy.