Concorde Asset Management, LLC Q1 2023 vs. Q2 2023: A Comprehensive Analysis of 13F Holdings

In the fast-paced world of finance, it's important to stay up-to-date with the latest investment trends and changes. One way to do this is by reviewing the 13F filings, which provide valuable insights into the holdings of various funds. In this article, we'll be focusing on the Q1 2023 vs. Q2 2023 13F holdings comparison for Concorde Asset Management, LLC.

Concorde Asset Management, LLC is a renowned financial institution known for its expertise in managing assets and delivering outstanding results to its clients. By analyzing their 13F filings, we can gain valuable insights into their investment strategies and the changes they have made in their portfolios. So, let's dive in!

During the first quarter of 2023, Concorde Asset Management held investments in several companies across various sectors. One of the noteworthy changes in their holdings was their increased position in "ISHARES TR" (IVV). They acquired 1,076 additional shares, increasing their holdings to a total of 19,057 shares. The value of their investment also saw a significant increase from $7,391,000 to $8,493,000, marking a growth of 14.9%.

Another interesting change in their portfolio was the addition of "FIRST TR EXCHNG TRADED FD VI" (BUFR). Concorde Asset Management acquired 261,150 shares of the company during the second quarter of 2023, giving them a strong position in the fund.

Moving on, the firm also made notable changes in their holdings of "FIRST TR EXCHANGE-TRADED FD" (RDVY) and "FIRST TR VALUE LINE DIVID IN" (FVD). They significantly increased their position in RDVY, acquiring an additional 33,693 shares, bringing their total number of shares to 136,962. The value of their investment in RDVY also rose to $6,450,000, marking a substantial growth of 39.2%.

Similarly, their holdings of FVD also saw a significant increase. Concorde Asset Management acquired an additional 35,898 shares, increasing their total holdings to 148,204 shares. The value of their investment also grew to $5,941,000, representing a growth of 31.7%.

On the other hand, the firm reduced its position in "FIRST TR MORNINGSTAR DIVID L" (FDL) during the second quarter. They sold off 76,398 shares, reducing their total holdings to 94,624 shares. The value of their investment also saw a significant decline from $6,071,000 to $3,218,000, marking a decrease of 47%.

Concorde Asset Management also made interesting changes in their holdings of individual companies. Notably, they reduced their position in "TESLA INC" (TSLA) during the second quarter. They sold off 149 shares, reducing their total holdings to 3,646 shares. The value of their investment in TSLA also saw a decline from $720,000 to $954,000, marking a decrease of 32.5%.

Similarly, their holdings of "NETFLIX INC" (NFLX) saw a significant reduction during the second quarter. Concorde Asset Management sold off their entire position in the company, resulting in zero shares held.

On the other hand, their position in "MICROSOFT CORP" (MSFT) saw a notable increase. They acquired an additional 2,064 shares, increasing their total holdings to 4,434 shares. The value of their investment also saw substantial growth from $680,000 to $1,509,000, marking an increase of 121.8%.

These are just a few examples of the changes made by Concorde Asset Management in their portfolio during the first and second quarters of 2023. It's evident that they closely monitor market trends and make strategic adjustments to their holdings to maximize returns for their clients.

In conclusion, the Q1 2023 vs. Q2 2023 13F holdings comparison for Concorde Asset Management, LLC provides valuable insights into the changes made in their portfolio. By analyzing these changes, investors can gain a better understanding of the firm's investment strategies and potentially uncover valuable opportunities. As always, it's crucial to conduct thorough research and seek professional advice before making any investment decisions.

Note: The data provided in this article is based on the fictional CSV file for illustrative purposes only and does not reflect real-time or accurate market data.