Blue Chip Partners, LLC Q4 2022 vs. Q1 2023 13F Holdings: A Comparison

Blue Chip Partners, LLC has released their latest 13F filings comparing Q4 2022 to Q1 2023. This report provides an insight into their holdings and changes that have occurred over the first quarter of the year. We'll take a closer look at some of the top holdings in this fund and the changes that have happened.

Stock Increases

One of the most significant increases was seen in ISHARES TR (IGIB) holdings, with the number of shares increasing from 654,506 in Q4 2022 to 867,206 in Q1 2023. The value also saw a substantial increase, rising from $32,404,000 to $44,470,000, a growth of 37.2%. ISHARES TR (IQLT) also saw a significant gain, with zero shares in Q4 2022 to 400,716 shares in Q1 2023.

APPLE INC (AAPL) saw a small increase in the number of shares held, rising from 211,291 to 213,077. The value of these holdings increased by 28% from $27,453,000 to $35,136,000. MICROSOFT CORP (MSFT) also saw a rise in shares from 101,173 to 103,408, with a value increase of 22.9% from $24,263,000 to $29,812,000.

Stock Decreases

Some of the top holdings of Blue Chip Partners saw a decrease in the number of shares held. SELECT SECTOR SPDR TR (XLE) fell from 360,723 to 361,085 shares. The value of these holdings also decreased by 5.2% from $31,552,000 to $29,908,000. ABBVIE INC (ABBV) saw a small decrease in shares held, with holdings falling 2.9% from 176,381 to 173,715. The value of these holdings fell from $28,504,000 to $27,684,000.

VANGUARD SCOTTSDALE FDS (VCIT) saw a significant decrease with shares falling from 426,421 to 344,240 shares. The value of these holdings decreased by 16.4%, from $33,051,000 to $27,614,000. UNITEDHEALTH GROUP INC (UNH) also had a decrease in the number of shares held, down from 50,637 to 49,767, with the value decreasing by 12.4% from $26,846,000 to $23,519,000.

New Positions

Some new positions were taken by Blue Chip Partners over Q1 2023. DIMENSIONAL ETF TRUST (DFAC) had a total of 48,690 shares, with a value of $1,240,000. This new position was currently 5.2% of the total portfolio. QUALCOMM INC (QCOM) also saw a new position taken, with 11,584 shares valued at $1,477,000. This position was 0.2% of the total portfolio.

Conclusion

Blue Chip Partners, LLC saw several changes to their holdings over the first quarter of 2023. While some holdings saw an increase in shares and value, others saw a decrease. It's vital to keep an eye on these changes as they can indicate a shift in market trends. By tracking the holdings of funds like Blue Chip Partners, investors can monitor the changes and make informed decisions about their own portfolios.