Gradient Investments LLC Q4 2022 vs. Q1 2023: Analysis of Top Fund Holdings

As the world economy continues its recovery post-pandemic, investors are keen to learn about the latest trends and company movement in the market. In this article, we'll take a look at the 13F quarterly holdings report by Gradient Investments LLC, comparing their holdings in Q4 2022 with Q1 2023. This report provides valuable insights into which stocks the company is bullish on, along with trend analysis to give a better sense of what the future holds.

According to the 13F investments report, the top stocks held by Gradient Investments LLC in Q1 2023 were:

1. Innovator ETFs TR: 12,283,410 shares worth $272,568, indicating a new investment in this period.

2. SPDR Ser TR: 3,282,612 shares worth $158,057, reflecting a 9.3% increase in share volume from the previous quarter.

3. SPDR Ser TR: 5,370,010 shares worth $138,492, representing a slight dip of 2.1% in shares owned.

4. iShares TR: 2,448,392 shares worth $125,553, indicating a 3.2% decrease from the previous quarter.

5. SPDR Index Shs Fds: 2,526,796 shares worth $81,160, reflecting a significant uptick of 19.8% in shares held.

The report cites multiple instances of share volume increases, indicating that Gradient Investments LLC is bullish in its outlook for various companies. Let's take a closer look at some of these companies:

Apple Inc (AAPL)

Gradient Investments LLC increased its holdings in Apple Inc by 38.5%, owning 366,915 shares worth $60,504. The tech giant has maintained its position as one of the most valuable companies globally, posting strong financial results despite challenges posed by the pandemic. The company's position in the market is solidified by its recent product releases, including the iPhone 13 and M1 chip-equipped MacBook Air.

Invesco Exchange Traded FD T (SPGP)

Gradient Investments LLC increased its holdings in SPGP, owning 667,079 shares worth $56,901 indicating a 5.2% increase in shares volume. SPGP operates as a commodity pool and focuses on tracking the performance of a commodity index. The upward trajectory of this company's share volume could stem from increasing demand for commodity-linked investment.

NVIDIA Corporation (NVDA)

Gradient Investments LLC decreased its holdings in NVIDIA Corporation by 13.8%, owning 67,533 shares worth $18,758. NVIDIA has recently been in the news for announcing plans to acquire UK-based semiconductor company Arm Holdings for a whopping $40 billion. However, the deal has come under scrutiny, with regulatory authorities expressing concerns over potential competition issues.

Conclusion

Gradient Investments LLC's Q4 2022 vs. Q1 2023 13F holdings report indicates that the company is still bullish about many big names in the market. The report highlights multiple instances of increasing share volume, indicating positive outlook for the companies in which the firm is investing. While there are instances of dipping share volumes, overall, the outlook is positive for these big brands. Investors should keep a close eye on developments in tech, commodity, and semiconductor spaces, as these are likely to shape the investment landscape in the coming months.