Madrona Financial Services, LLC Q1 2023 vs. Q2 2023: A Comprehensive Analysis of Fund Holdings

It is essential for investors and financial institutions to stay informed about the changes in fund holdings. The Madrona Financial Services, LLC recently released its Q1 2023 vs. Q2 2023 13F Holdings Comparison report, providing insights into the shifts that occurred during this period. In this blog post, we will analyze the data and discuss the notable changes in the fund's holdings.

ISHARES TR (ACWI): In Q1 2023, Madrona Financial Services held 284,022 shares of ACWI. However, this number decreased by 5.1% in Q2 2023, with the fund owning 256,058 shares. The value of the shares also dipped from $25.891 million to $24.566 million.

INVESCO QQQ TR (QQQ): Madrona Financial Services' holdings of QQQ experienced a positive change in Q2 2023. With an increase of 21.1%, the fund's shares rose from 37,200 to 39,121. The value of these shares also grew from $11.938 million to $14.452 million.

SPDR S&P 500 ETF TR (SPY): The fund decreased its holdings of SPY by 1.7% in Q2 2023. While Madrona Financial Services held 35,394 shares in Q1 2023, this number dropped to 32,128 shares in Q2 2023. The associated value also decreased from $14.489 million to $14.241 million.

MICROSOFT CORP (MSFT): Madrona Financial Services saw a change of 11.4% in its holdings of Microsoft Corp. While the fund initially held 43,218 shares in Q1 2023, it reduced its holdings to 40,774 shares in Q2 2023. The value of these shares increased from $12.459 million to $13.885 million.

FIRST TR EXCHANGE-TRADED FD (FV): This ETF witnessed a significant increase of 24.5% in Madrona Financial Services' holdings. The fund started with 208,838 shares in Q1 2023, and this number rose to 249,799 shares in Q2 2023. The value of the shares also increased from $9.414 million to $11.718 million.

VANECK ETF TRUST (FLTR): Contrary to FV, FLTR experienced a decrease in holdings. The fund held 321,522 shares in Q1 2023, which decreased to 287,488 shares in Q2 2023, representing a decline of 9.6%. The value of these shares decreased from $8.028 million to $7.259 million.

SELECT SECTOR SPDR TR (XLE): XLE witnessed a decrease of 11.8% in Madrona Financial Services' holdings. The fund held 88,814 shares in Q1 2023, which dropped to 79,959 shares in Q2 2023. The associated value also decreased from $7.356 million to $6.490 million.

GLOBAL X FDS (PAVE): PAVE experienced a slight decrease of 0.8% in holdings. Madrona Financial Services initially held 206,265 shares in Q1 2023, which decreased to 184,579 shares in Q2 2023. The value of these shares remained relatively stable at $5.847 million and $5.801 million, respectively.

VANGUARD INDEX FDS (VXF): VXF saw a decrease of 3.6% in holdings. Madrona Financial Services held 40,839 shares in Q1 2023, which decreased to 37,088 shares in Q2 2023. The value of these shares also decreased from $5.725 million to $5.519 million.

ISHARES TR (SHV): SHV witnessed a decline of 10.9% in Madrona Financial Services' holdings. The fund initially held 55,506 shares in Q1 2023, which decreased to 49,488 shares in Q2 2023. The associated value decreased from $6.133 million to $5.465 million.

INVESCO EXCH TRADED FD TR II (VRP): VRP experienced a decrease of 9.8% in holdings. Madrona Financial Services held 269,039 shares in Q1 2023, which decreased to 241,606 shares in Q2 2023. The value of these shares also decreased from $5.959 million to $5.375 million.

ISHARES TR (IVV): IVV witnessed a significant increase of 202.7% in Madrona Financial Services' holdings. The fund held 3,740 shares in Q1 2023, which surged to 10,443 shares in Q2 2023. The value of these shares also increased from $1.537 million to $4.654 million.

These are just a few examples of the changes in holdings that occurred for Madrona Financial Services, LLC during Q1 2023 vs. Q2 2023. It is crucial for investors to closely monitor such changes to make informed decisions about their portfolios.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. The figures mentioned in this blog post may not reflect the current holdings of Madrona Financial Services, LLC.