CWA Asset Management Group, LLC Q4 2022 vs. Q1 2023: Analyzing the Top 50 Stock Holdings

CWA Asset Management Group, LLC is a New York-based investment firm that manages over $1 billion in assets as of 2022. Like all institutional investment managers, CWA is required to file a quarterly Form 13F report with the SEC that lists all of the firm's stock holdings.

In this article, we will examine CWA's Q4 2022 and Q1 2023 13F holdings and analyze the changes in their top 50 stock holdings over the two quarters. We'll identify the winners and losers in CWA's portfolio and try to determine the reasons behind the changes. We'll also provide insights on how these changes could potentially impact other investors.

Overview of CWA's Q4 2022 and Q1 2023 13F Holdings

CWA's Q4 2022 and Q1 2023 13F filings show that the firm held 47 and 46 stock positions, respectively. The total value of CWA's Q4 2022 portfolio was $1.33 billion, which decreased to $1.05 billion in Q1 2023.

The top holdings for both quarters remained largely the same, with the top four positions held in each quarter by SPDR SER TR, APPLE INC, FRANCO NEV CORP, and FTI CONSULTING INC. The biggest changes occurred in the lower half of the top 50 holdings.

Winners in CWA's Portfolio

One of the biggest winners in CWA's portfolio was A-MARK PRECIOUS METALS INC (AMRK), which saw an increase of 729.8% in shares held and a corresponding increase of 730.5% in value. The stock's price has been on an upward trend since 2020, driven by strong demand for precious metals and improved financial performance.

Other winners in CWA's portfolio include SPROTT INC (SII.TO), which saw a 326.7% increase in shares held and a corresponding increase of 419.8% in value, and FIRST TR EXCH TRADED FD III (FMB), which saw a 24.6% increase in shares held and a corresponding increase of 7.9% in value.

Losers in CWA's Portfolio

One of the biggest losers in CWA's portfolio was WOODSIDE ENERGY GROUP LTD (WOPEY), which saw a decrease of 51% in shares held and a corresponding decrease of 55.5% in value. The stock's decline can be attributed to the company's challenges in expanding its oil and gas production facilities.

Other losers in CWA's portfolio include DRIL-QUIP INC (DRQ), which saw a decrease of 54.1% in shares held and a corresponding decrease of 53.9% in value, and FIDELITY NATIONAL FINANCIAL (FNF), which saw a 38% decrease in shares held and a corresponding decrease of 37.9% in value.

Conclusion

Overall, CWA Asset Management Group, LLC's Q4 2022 and Q1 2023 13F filings show relatively stable top holdings, with only a few notable changes in the lower half of the top 50 holdings. The winners in CWA's portfolio seem to be benefiting from strong market trends, while the losers are suffering from company-specific issues.

Investors should keep an eye on these trends when making their own investment decisions, but it's important to remember that past performance is not indicative of future results. Always conduct thorough research and consult a financial professional before making any investment decisions.