Naples Global Advisors' Q4 2022 and Q1 2023 13F Holdings: A Comprehensive Overview

Naples Global Advisors, LLC is a prominent investment advisory firm based in Naples, Florida that specializes in creating customized investment portfolios for their clients. In their recent 13F filing, Naples Global Advisors revealed their Q4 2022 and Q1 2023 holdings. The filing showed their holdings in various equities and exchange-traded funds (ETFs) with their corresponding value in shares and US dollars.

The Q4 2022 and Q1 2023 13F holdings comparison indicates that the firm had a total of 53 stocks in Q4 2022 and 52 stocks in Q1 2023. The total value of their holdings declined from $238,523,287 to $233,007,276, a decrease of 2.3%. The following are the changes in the holdings of some of the individual stocks and ETFs.

The top holding of Naples Global Advisors, Apple Inc. (AAPL), saw a decline in shares of 6,423, a drop of 3.6%. The value of the holdings increased by $5,235, an increase of 22.4%. Microsoft Corp. (MSFT), another notable holding, saw an increase in shares of 177, an increase of 0.2%. The value of the holdings increased by $3,629, an increase of 20.5%.

Vanguard Index Funds saw a mixed result in their holdings. Vanguard Index Funds (VV) had a decline in shares of 1,796, a decrease of 2.4%. The value of the holdings increased by $616, an increase of 4.7%. Vanguard Index Funds (VOO) had an increase in shares of 2,563, an increase of 7.8%. The value of the holdings increased by $1,774, an increase of 15.4%.

Taiwan Semiconductor Manufacturing Company (TSM) saw an increase in shares of 120, an increase of 0.1%. The value of the holdings increased by $1,047, an increase of 24.9%. Merck & Co Inc. (MRK) had a decline in shares of 678, a decrease of 0.7%. The value of the holdings decreased by $508, a decrease of 4.8%.

Moreover, Analog Devices Inc. (ADI) had an increase in shares of 242, an increase of 0.6%. The value of the holdings increased by $1,440, an increase of 20.9%. Accenture PLC Ireland (ACN) saw an increase in shares of 315, an increase of 1.2%. The value of the holdings increased by $576, an increase of 8.4%.

On the other hand, Procter and Gamble Co (PG) had a significant decline in shares of 63092, a decrease of 58.0%. The value of the holdings decreased by $9,694, a decrease of 58.7%. Pfizer Inc. (PFE) saw an increase in shares of 1,249, an increase of 1.3%. The value of the holdings decreased by $980, a decrease of 19.4%.

The holdings data provides valuable insight into Naples Global Advisors' investment strategy. The portfolio changes suggest a shift in the firm's overall investment allocations. The securities held by the firm span across different sectors ranging from consumer staples, information technology, financials, healthcare, and materials.

The holdings of ETFs are indicative of Naples Global Advisors' interest in passive investing. As noted, VV and VOO, both of which are ETFs, were in the top five holdings, indicating a clear preference for exposure to broad market indices. Additionally, their holdings in iShares and Vanguard indicates interest in exposure to low-cost index funds.

In conclusion, the Q4 2022 and Q1 2023 13F filings of Naples Global Advisors show a mixed bag of changes in equity and ETF holdings, with some of the top holdings showing a decline in shares and others showing an increase in value. It is important to note that the filings represent only a portion of the firm's overall portfolio, and investors should conduct further analysis before making any investment decisions. Nevertheless, the filings provide an essential insight into the firm's overall investment strategy and allocations.