The Changes in Fund Holdings: A Look at Stillwater Capital Advisors' Q4 2022 vs. Q1 2023

Investing in stocks can be an excellent way to grow your wealth and reach your financial goals. However, it can be challenging to navigate the complex world of finance, especially if you're new to the game. One way to make informed investment decisions is by tracking the holdings of funds. A fund's holdings refer to the assets it holds in a specific period, and these can be stocks, bonds, or any other investment vehicle.

In this article, we'll provide an in-depth analysis of Stillwater Capital Advisors' Q4 2022 vs. Q1 2023 13F holdings. 13F holdings are a public record of institutional investment manager holdings required to be filed quarterly with the Securities and Exchange Commission (SEC).

Let's get started by looking at some of the most significant holdings changes by Stillwater Capital Advisors, LLC:

Apple Inc (AAPL) -22.5%

Stillwater Capital Advisors reduced its holdings in Apple Inc by 22.5% from 277,911 shares in Q4 2022 to 268,303 shares in Q1 2023. The value of its holdings also increased from $36,108,000 to $44,243,000, indicating that the shares' price increased during the period. This decrease in shares could have been due to various factors such as a change in market conditions, portfolio realignment, or profit-taking.

Microsoft Corp (MSFT) -16.7%

Like Apple Inc, Stillwater Capital Advisors reduced its holdings on Microsoft Corp from 125,849 shares to 122,149 shares, with a 16.7% decrease in value. The firm may have decided to sell the shares to take profits or reallocate its portfolio, considering the uncertainty in the market and the company's future outlook.

Nvidia Corporation (NVDA) 129.7%

Nvidia Corporation's shares saw an incredible uptick in value from Stillwater Capital Advisors in Q1 2023. The firm increased its holdings by a staggering 129.7%, from 51,426 shares in Q4 2022 to 62,156 shares in Q1 2023. In turn, its stake's value also rose from $7,515,000 to $17,264,000. This move could signify the firm's confidence in the company's performance or future prospects.

Select Sector Spdr Tr (XLK) 23.3%

The Select Sector Spdr Tr also saw an increase in Stillwater Capital Advisors' holdings by 23.3%. The firm reported holding 145,136 shares worth $18,060,000 in Q4 2022 and 147,409 shares worth $22,260,000 in Q1 2023. These ETFs hold technology stocks like Alphabet, Microsoft, and Apple and cover the technology sector.

Other Notable Changes

Other notable changes include an 80.2% uptick in shares of Select Sector Spdr Tr (XLC), which tracks communication services, and a 52.1% increase in shares of Disney Walt Co (DIS), which may be attributed to the significant revenues and earnings growth of its streaming platforms during the pandemic.

On the flip side, Stillwater Capital Advisors decreased its holdings in UnitedHealth Group Inc (UNH) and Home Depot Inc (HD) by 12.5% and 8.4%, respectively.

Conclusion

Overall, Stillwater Capital Advisors made some significant buying and selling moves in Q1 2023. By analyzing their 13F holdings, we can get insights into the firm's financial strategy and decision-making. Keep in mind that these holdings only reflect the period stated and that changes in the market and economic conditions could affect a fund's holdings in the future. It's essential to conduct thorough research and keep up-to-date with current events before making any investment decisions.