Donoghue Forlines LLC Q3 2022 vs. Q4 2022 13F Holdings Comparison

In the world of finance, investment is a game of numbers. Even the slightest fluctuations can cause significant effects on holdings' value. Investment companies, therefore, must be on the constant lookout for opportunities to take advantage of these fluctuations. Donoghue Forlines LLC, a New York-based investment firm, recently released its Q3 2022 vs. Q4 2022 report on 13F Holdings, detailing its portfolio changes. This blog post delves into the report's highlights and addresses the changes, ratios, and new additions to the portfolio.

Donoghue Forlines LLC's Q3 2022 vs. Q4 2022 13F Holdings Comparison report showed a massive decline in the holdings of SHY, an iShares ETF that tracks US government bonds with short maturity duration. Its Q3 2022 value was $31,097,000, but in Q4 2022, it went down to $9,924,000, signifying a -68.1% change, with a difference of 260,645 shares. The investment firm dropped its position in the fund, which could imply that SHY's performance in the next quarter may not be sufficient to grow their investment.

Another declination in holdings is in VGSH. It showed a change of -73.8%, a difference of 362,945 shares totaling $20,972,000. VGSH is an iShares ETF that tracks the Barclays Capital U.S.1-5 Year Government/Credit Bond Index. Donoghue Forlines LLC's Q3 2022 value was $28,398,000, which went down to $7,426,000 in Q4 2022. Similar to SHY, the company dropped its shares in VGSH, which, according to the Q4 2022 report, was an unwise decision given that VGSH had a positive performance during the same quarter, showing a year-to-date return of 0.98%.

Nonetheless, there were positive movements in the portfolio, such as MRK. The position in the Merck & Co. Inc increased from 13,505 shares in the third quarter to 26,159 shares in Q4 2022, a change of 149.6%. This new position contributed $2,902,000 to the total value of Q4 2022 holdings, which was not present during Q3 2022 reporting period.

Furthermore, BSY, which is a new addition to their portfolio, had 6,670,000 shares, summing to $392,910,000 for Q4 2022. The company, Bentley Systems, offers software solutions for infrastructure design, construction and operations. This addition proves to be a positive move as BSY's stock value has been showing a positive trend since its IPO last year in September 2020.

Overall, Donoghue Forlines LLC's Q3 2022 vs. Q4 2022 13F Holdings Comparison report showed some notable changes in the company's portfolio. It is crucial to keep up-to-date with such reports to make informed and precise financial decisions. Donoghue Forlines LLC's portfolio restructuring strategy has contributed positively to its investment objectives. However, investors and analysts should keep an eye on the stocks that have declined to ensure that Donoghue Forlines LLC is making prudent investment decisions in the future.