Analysis of Howe & Rusling Inc's 13F Holdings Comparison: Q3 vs. Q4 2022

Howe & Rusling Inc is a well-known investment firm that deals with securities, investment advisory services, and other related financial services. One sector that the firm is known for is the exchange-traded funds (ETFs) sector. In this post, we will analyze the 13F holdings comparison of one of their funds, Q3 2022 vs. Q4 2022. This comparison will help us understand the changes in the holdings of this fund and provide insights into the market trends and investment strategies of Howe & Rusling Inc.

Before we delve into the analysis, let us understand what 13F filings are. 13F filings are required by the Securities and Exchange Commission (SEC) for any institutional investment managers managing over $100 million in assets. These filings provide the public access to some of the positions held by institutional investors. The 13F filing provides information about the holdings of an institutional investor, including the issuer name, option type, shares held during the quarter, and the value of the shares held. Institutional investors file the 13F form every quarter, giving us a glimpse of their investment strategies and choices.

The Q3 2022 and Q4 2022 13F holdings comparison of Howe & Rusling Inc's fund reveals some insights. The fund reduced its holdings in two of the big tech companies, Microsoft Corp (MSFT) and Apple Inc (AAPL) by 6.2% and 3.8%, respectively. This indicates that the fund may have reduced its exposure to the big tech sector in anticipation of a market correction.

However, the fund increased its holdings in Exxon Mobil Corp (XOM) and JPMorgan Chase & Co (JPM) by 28.2% and 34.9%, respectively. This indicates that the fund may have shifted its focus towards the energy sector and the financial services sector. The fund's holdings in Chevron Corp New (CVX) increased by 26.8%, indicating a bullish outlook for the energy sector.

The fund's holdings in the healthcare sector also increased, with a 12.8% increase in Johnson & Johnson (JNJ) and a 9.1% increase in UnitedHealth Group Inc (UNH). This indicates that the fund may be bullish on the healthcare sector and its growth potential.

Another interesting change in the fund's holdings is the significant increase in Vanguard Whitehall Fds (VYM) from 47,362 shares in Q3 to 133,157 shares in Q4, representing a 220.6% increase. This highlights the fund's interest in dividend-paying stocks and a preference for stable companies with low volatility.

Some of the other holdings that saw significant increases were Caterpillar Inc (CAT) and Philip Morris Intl Inc (PM), with 47.5% and 26.2% increases, respectively. This shows the fund's interest in the industrial and tobacco sectors.

On the other hand, the fund reduced its holdings in Amazon.com Inc (AMZN) by 41.6%, Qualcomm Inc (QCOM) by 25.5%, and Alphabet Inc (GOOG) by 17.8%, indicating a bearish outlook for the technology sector. The fund also reduced its holdings in Cigna Corp New (CI) and Lowes Cos Inc (LOW) by 5.1% and 21.8%, respectively, possibly indicating a lack of interest in the healthcare and retail sectors.

It's interesting to note that the fund invested in Ball Corp (BALL) in Q4, with holdings of 108,341 shares worth $5,542,000. The fund did not have any holdings in the company in Q3. The sudden investment in Ball Corp could indicate the fund's interest in the materials sector.

In conclusion, the 13F holdings comparison of Howe & Rusling Inc's fund reveals some interesting trends in their investment strategy. The fund reduced its exposure to the technology sector and increased its holdings in sectors like energy, finance, and healthcare. The fund also showed an interest in dividend-paying stocks and stable companies with low volatility. These insights could help investors understand the market trends and make informed investment decisions.