Park Avenue Securities LLC Q1 2023 vs. Q2 2023 13F Holdings Comparison

Investment firms are constantly analyzing and adjusting their portfolios to maximize returns and mitigate risks. Every quarter, these firms are required to file a 13F report with the Securities and Exchange Commission (SEC) disclosing their holdings. In this article, we will delve into the holdings comparison of Park Avenue Securities LLC between Q1 2023 and Q2 2023.

During Q1 2023, Park Avenue Securities LLC held a diverse portfolio of assets, including shares from various issuers. One notable holding was ISHARES TR, represented by the symbol IVV. In Q1 2023, Park Avenue Securities LLC held 1,927,410 shares of IVV, with a value of $792,320,000. However, in Q2 2023, their holdings increased to 1,974,055 shares, representing a 2.4% increase. The value of these shares also saw a significant boost, reaching $879,856,000, a rise of 11% compared to the previous quarter.

Another noteworthy holding for Park Avenue Securities LLC was ISHARES TR's IUSB. In Q1 2023, they held 9,547,444 shares of IUSB, valued at $440,615,000. However, in Q2 2023, their holdings increased to 9,699,646 shares, indicating a 1.6% rise. The value of these shares remained relatively stable, with a slight increase to $441,043,000.

The holdings of ISHARES TR's QUAL also experienced growth during this period. In Q1 2023, Park Avenue Securities LLC held 2,444,809 shares of QUAL with a value of $303,315,000. In Q2 2023, their holdings increased to 2,494,523 shares, representing a 2% rise. The value of QUAL shares also saw a significant boost, reaching $336,436,000, indicating a 10.9% increase compared to the previous quarter.

Moving on to ISHARES TR's EFG, Park Avenue Securities LLC held 3,022,280 shares in Q1 2023, valued at $283,127,000. In Q2 2023, their holdings increased to 3,095,112 shares, indicating a 2.4% rise. The value of these shares also saw growth, reaching $295,305,000, a rise of 4.3% compared to the previous quarter.

It's important to note that not all holdings experienced growth during this period. For instance, Park Avenue Securities LLC's holdings of ISHARES TR's ESDDGU saw a decline. In Q1 2023, they held 2,226,179 shares of ESDDGU, valued at $201,358,000. However, in Q2 2023, their holdings decreased to 2,027,424 shares, representing a 8.9% decline. The value of these shares also declined to $197,593,000, indicating a decrease of 1.9%.

While some holdings experienced significant changes, others remained relatively stable. For example, Park Avenue Securities LLC's holdings of ISHARES TR's MBB remained consistent between Q1 2023 and Q2 2023. In both quarters, they held 1,761,731 shares of MBB, valued at $166,889,000 and $169,796,000, respectively.

In conclusion, the 13F holdings comparison of Park Avenue Securities LLC between Q1 2023 and Q2 2023 reveals both growth and decline in their portfolio. These changes reflect the continuous efforts of investment firms to adjust their holdings based on market trends and investment strategies. It is crucial for investors to carefully analyze these reports to gain insights into the investment decisions made by these firms.