Nationwide Fund Advisors Q4 2022 vs. Q1 2023 13F Holdings Comparison

In the investment world, keeping track of fund holdings is crucial to predicting market trends and making sound decisions. In this article, we will explore the changes in the holdings of Nationwide Fund Advisors between Q4 2022 and Q1 2023, comparing the number of shares held and their values.

ISHARES CORE MSCI (IEMG)

Nationwide Fund Advisors held 6,835,016 shares of ISHARES CORE MSCI in Q4 2022, a number that decreased to 6,580,307 in Q1 2023. Despite this drop, the value of these shares changed only slightly, from $319,195 to $321,053, a 0.6% increase. This suggests that Nationwide Fund Advisors remained confident in ISHARES CORE MSCI's performance despite reducing their holdings.

ISHARES 7-10 YEAR (IEF)

Nationwide Fund Advisors held 2,616,788 shares of ISHARES 7-10 YEAR in both Q4 2022 and Q1 2023. However, the value of these shares increased from $250,635 to $259,653, representing a 3.6% growth. This indicates that Nationwide Fund Advisors believes in the potential of ISHARES 7-10 YEAR, as shown by their decision to maintain their position while its value grew.

ISHARES CORE S&P (IJR)

Nationwide Fund Advisors held 1,584,447 shares of ISHARES CORE S&P in Q4 2022, which decreased slightly to 1,578,853 in Q1 2023. The value of these shares, however, increased from $149,952 to $152,675, a 1.8% growth. This suggests that despite reducing their position, Nationwide Fund Advisors is still optimistic about ISHARES CORE S&P's potential.

ISHARES 20 YEAR (TLT)

Nationwide Fund Advisors held 1,274,166 shares of ISHARES 20 YEAR in Q4 2022, a number that barely changed in Q1 2023, with 1,277,669 shares held. Despite this, the value of these shares increased from $126,855 to $135,905, a significant 7.1% growth. This suggests that Nationwide Fund Advisors is confident in ISHARES 20 YEAR's potential for strong returns.

ISHARES US TREASURY BOND (GOVT)

Nationwide Fund Advisors held 5,175,512 shares of ISHARES US TREASURY BOND in Q4 2022, a number that increased to 5,310,252 in Q1 2023. The value of these shares also increased from $117,587 to $124,153, a 5.6% growth. This suggests that Nationwide Fund Advisors is bullish on ISHARES US TREASURY BOND, based on their decision to increase their holdings while its value grew.

ISHARES IBOXX $ (LQD)

Nationwide Fund Advisors held 124,220 shares of ISHARES IBOXX $ in Q4 2022, but this position was closed in Q1 2023. This represents a significant change, as the value of these shares dropped from $13,096 to $0, a 100% decrease. This suggests that Nationwide Fund Advisors lost confidence in ISHARES IBOXX $'s potential and decided to divest from it entirely.

The Bottom Line

Nationwide Fund Advisors made significant changes to their holdings in Q4 2022 and Q1 2023, with some positions remaining stable while others were reduced or eliminated entirely. While the reasons for these changes are not explicitly stated, the growth or decline of a stock's value seems to have influenced their decisions. This highlights the importance of keeping an eye on market trends when making investment decisions, as even small fluctuations can impact the value of a holding.