Towerpoint Wealth, LLC's Q3 and Q4 2022 13F Holders Comparison: Analysis of Portfolio Changes and Investments

Towerpoint Wealth, LLC Q3 2022 vs. Q4 2022 13F Holdings Comparison

Every quarter, institutional investors that manage over $100 million in assets are required to file a Form 13F with the Securities and Exchange Commission (SEC). This report contains a list of all securities held in the manager's portfolio at the end of the previous quarter. One such filing from Towerpoint Wealth, LLC has been made public and provides insight into how their portfolio has changed over the course of Q3 and Q4 2022.

From the csv, it is clear that Towerpoint's portfolio has undergone some significant changes over the past quarter. Among the most notable changes are the additions and divestitures to positions in Vanguard ETFs. The company added shares to VEA, VBK, VO, VBR, and VNQ, while reducing shares of VCIT and BNDX. It is also noteworthy that Towerpoint increased holdings in the IShares TR with the purchase of additional shares in IWD and IWN.

Over the course of Q3 and Q4 2022, Towerpoint made interesting investments in the technology sector by purchasing more shares of Microsoft and Nvidia while reducing their stake in Apple. This may reflect the company's belief that these companies are poised for significant growth in the coming years.

In addition to equity positions, the report also lists fixed income securities such as the First Trust Exchange-Traded FD, and SPDR Index Shs FDS, which experienced declines in the number of shares held.

Undoubtedly, investors will be keeping a close eye on the performance of the Towerpoint portfolio over the coming months. While the recent financial market volatility may indicate potential risks, the company's reported holdings for Q4 2022 still indicate a relatively strong and diversified investment strategy. It remains to be seen what adjustments Towerpoint may make to its positions in the coming quarters, but perhaps we can get a glimpse into their investment thesis and philosophy by keeping an eye on those changes.