Analyzing Centerpoint Advisors' Q3 2022 to Q4 2022 13F Holdings: Changes in Top Holdings and Overall Value

Centerpoint Advisors, LLC is a registered investment advisor company that provides investment management and financial planning services for individuals and institutions. They manage over $2 billion in assets and have a team of experts who analyze market trends, economic indicators, and other factors to make informed investment decisions.

In this blog post, we will discuss the changes in holdings of Centerpoint Advisors, LLC between Q3 2022 and Q4 2022, based on the 13F Holdings Comparison CSV provided.

Firstly, it is important to understand what a 13F filing is. The Securities and Exchange Commission (SEC) requires institutional investment managers with assets under management of $100 million or more to file a quarterly Form 13F report. This form discloses the firm's equity holdings as of the end of the quarter, which includes stocks, options, and convertible bonds.

According to the 13F Holdings Comparison CSV, Centerpoint Advisors increased their holdings in 22 stocks, decreased in 9 and sold out completely of one. The total value of the positions held by Centerpoint Advisors increased from $263,478,000 to $293,244,000, a change of 11.3%.

Let's take a closer look at some of the changes in holdings.

One of the biggest movers in Q4 2022 was Takeda Pharmaceutical Co Ltd, a pharmaceutical company based in Japan. Centerpoint Advisors increased their position in the company to 27,000 shares, which is an increase of 20.3% from Q3 2022. The value of the shares held also increased from $350,000 to $421,000, a change of 20.3%.

Another notable change was in the holding of Alphabet Inc, the parent company of Google. Centerpoint Advisors decreased their position in the company in Q4 2022, with the number of shares held dropping from 38,347 to 39,193. The value of the shares held also dropped from $3,687,000 to $3,478,000, a decrease of 5.7%.

One of the biggest increases in holdings by Centerpoint Advisors was in the Schwab Strategic TR fund. According to the CSV, Centerpoint Advisors did not hold any shares in this fund in Q3 2022, but by Q4 2022 they had purchased 28,000 shares in SCHM and 45,000 shares in SCHA. The value of these shares also increased significantly from $0 to $1,823,000, representing a change of 100% in both the number of shares held and value.

Another notable increase in holdings was in UnitedHealth Group Inc, a healthcare services company. Centerpoint Advisors increased their holdings in the company from 1,850 shares to 2,512 shares, which is an increase of 42.6%. The value of the shares held also increased from $934,000 to $1,332,000, representing a significant increase of 42.6%.

On the other hand, Apple Inc and Amazon.com Inc experienced a decrease in holdings by Centerpoint Advisors. Apple Inc, one of the largest holding companies in the portfolio, saw a decrease of 5.4% in the number of shares held, from 47,084 to 47,371 shares. The value of the shares also decreased from $6,507,000 to $6,155,000, representing a decrease of 5.4%.

Similarly, Amazon.com Inc saw a decrease of 20.8% in the number of shares held by Centerpoint Advisors, from 8,606 to 9,172 shares. The value of the shares held also decreased from $972,000 to $770,000, which represents a decrease of 20.8%.

In conclusion, the 13F Holdings Comparison CSV provided an insight into the changes in holdings of Centerpoint Advisors, LLC. The company increased its holdings in some stocks, decreased in others, and sold out of one completely. Overall, the value of the positions held increased by 11.3%. We recommend that investors consult with their financial advisor when considering changes to their investment portfolio.