Shifting Strategies: A Deep Dive into ProShare Advisors LLC's Q3 2022 vs. Q4 2022 13F Holdings Comparison

Every quarter, institutional investment managers managing over $100 million in assets must file a Form 13F with the Securities and Exchange Commission (SEC), disclosing their equity holdings at the end of the quarter. Using this data, we can gain insights into the investment strategies of some of the most sophisticated investors.

In this blog post, we'll take a closer look at ProShare Advisors LLC's holdings comparison between Q3 2022 and Q4 2022, highlighting the changes they made to their portfolio in this time period.

ProShare Advisors LLC Q3 2022 vs. Q4 2022 13F Holdings Comparison

ProShare Advisors LLC, a large institutional investment manager, manages over $40 billion in assets. The firm mainly invests in ETFs and mutual funds, and their holdings reflect a diversified portfolio. As of Q3 2022, their top holdings included Microsoft Corp, Apple Inc, and Amazon.com Inc.

However, in Q4 2022, the firm made significant changes to their portfolio, with a 12.2% increase in the total value of shares held. In this time period, they increased their holdings in NVIDIA Corporation by 22.6%, while decreasing their holdings in Tesla Inc by 47.8%. Let's take a closer look at some of the specific changes they made:

Microsoft Corp (MSFT)

ProShare Advisors LLC increased its holdings of Microsoft Corp by 8.9% in Q4 2022, holding 5,671,652 shares valued at $1.36 billion. Microsoft Corp's revenue and earnings have been growing consistently, making it an attractive investment opportunity for institutional investors.

Apple Inc (AAPL)

The firm decreased its holdings of Apple Inc by 8.4%, with 9,988,537 shares valued at $1.3 billion. Apple's stock has been performing well recently, with strong earnings reports and the announcement of new products and services, making it an interesting decision for the firm to unload some of its shares.

Amazon.com Inc (AMZN)

ProShare Advisors LLC decreased its holdings in Amazon.com Inc by 17.7%, holding 7,453,362 shares valued at $626 million. Amazon's stock has been volatile, with a considerable drop in price in the past year due to regulatory concerns, but has since gained traction again, making it an interesting choice to reduce holdings.

NVIDIA Corporation (NVDA)

The firm increased its holdings in NVIDIA Corporation by 22.6% in Q4 2022, holding 2,409,065 shares valued at $352 million. NVIDIA has been steadily growing and has been making moves to become a prominent player in the technology industry, which may explain the increase in holdings.

Tesla Inc (TSLA)

ProShare Advisors LLC divested from Tesla Inc by 47.8% in Q4 2022, holding 2,193,602 shares valued at $270 million. Tesla has been facing challenges with production, competition, and supply chain issues, causing the stock to have a volatile performance in the past year. The firm's divestment may indicate a loss of faith in the electric vehicle manufacturer.

Conclusion

ProShare Advisors LLC's Q3 2022 vs. Q4 2022 13F holdings comparison shows how institutional investment managers adjust their portfolios to adapt to market changes and capitalize on opportunities. The firm made significant changes to its portfolio, increasing its holdings of NVIDIA while decreasing its holdings in Apple Inc and Amazon.com Inc.

Although 13F filings provide valuable insights into institutional investors' holdings, they have some limitations. They don't show the entire picture of an investor's strategy or holdings, as they only cover equity securities and have a time lag. It's essential to conduct comprehensive research and analysis to guide investment decisions.

Overall, ProShare Advisors LLC's holdings comparison highlights the importance of monitoring institutional investors' actions and how they can affect individual stocks and the market as a whole.