D. Scott Neal, Inc. Q2 2023 vs. Q3 2023 13F Holdings Comparison

D. Scott Neal, Inc., a prominent investment firm, has recently released its Q2 2023 and Q3 2023 13F holdings. These filings provide insights into the changes in the firm's holdings during this period. Let's take a closer look at the comparison of these holdings and analyze the implications for investors.

During Q2 2023, D. Scott Neal, Inc.'s holdings showcased some interesting trends. One of the significant changes was the increase in holdings of SPDR GOLD TR (GLD). The firm added 6,403 shares, reaching a total of 68,532 shares in Q2 2023. This increase signifies the firm's confidence in the potential of the gold market.

Another notable change in D. Scott Neal, Inc.'s portfolio was the decrease in holdings of EXXON MOBIL CORP (XOM). The firm reduced its stake by 5,057 shares, bringing the Q2 2023 total to 81,368 shares. This reduction could be attributed to various factors such as market conditions or a strategic decision by the firm.

GALLAGHER ARTHUR J & CO (AJG) also experienced a decline in holdings during Q2 2023. D. Scott Neal, Inc. sold 1,878 shares, resulting in a decrease from 40,820 shares to 38,942 shares. This reduction could suggest a shift in the firm's investment strategy or a revaluation of the stock's prospects.

On the other hand, some holdings experienced notable increases during Q2 2023. ALPHA METALLURGICAL RESOUR I (AMR) saw a substantial increase in holdings, with D. Scott Neal, Inc. purchasing an additional 18,128 shares. The firm's total holding of AMR reached 51,929 shares, highlighting its confidence in the company's prospects.

ABBVIE INC (ABBV) was another stock that saw a significant increase in holdings by D. Scott Neal, Inc. The firm added 1,779 shares, bringing the Q2 2023 total to 60,352 shares. This increase may reflect the firm's positive outlook on the pharmaceutical industry or its trust in ABBV's growth potential.

However, not all changes in holdings were positive for D. Scott Neal, Inc. During Q2 2023, the firm reduced its stake in ISHARES TR (IYK) by 140 shares, resulting in a decrease from 43,083 shares to 43,223 shares. This reduction could indicate a reevaluation of the fund's performance or reallocation of resources to other investment opportunities.

Moving on to the Q3 2023 holdings, D. Scott Neal, Inc. made further adjustments to its portfolio. One noteworthy change was the decrease in holdings of KLA CORP (KLAC). The firm sold off 2,304 shares, reducing its stake from 18,704 shares to 16,400 shares. This reduction may suggest a change in the firm's assessment of KLA CORP's future prospects.

INVESCO ACTVELY MNGD ETC FD (PDBC) also experienced a decrease in holdings during Q3 2023. D. Scott Neal, Inc. sold 36,846 shares, resulting in a decrease from 530,596 shares to 493,750 shares. This reduction could be attributed to market factors or a strategic decision by the firm.

REKOR SYSTEMS INC (REKR) witnessed a significant increase in holdings during Q3 2023. D. Scott Neal, Inc. purchased an additional 4,850 shares, bringing the Q3 2023 total to 1,615,770 shares. This increase highlights the firm's confidence in REKR's growth potential and its commitment to the company's long-term success.

In addition to the changes mentioned above, there were several other adjustments in D. Scott Neal, Inc.'s holdings during these periods. These shifts reflect the firm's dynamic investment strategy and its continuous evaluation of market conditions and individual stock performance.

It's important to note that these changes in holdings are based on publicly available information and do not represent recommendations for buying or selling specific stocks. Investors should conduct their own research and consult with financial advisors before making any investment decisions.

In conclusion, D. Scott Neal, Inc.'s Q2 2023 vs. Q3 2023 13F holdings comparison showcases interesting trends in the firm's portfolio. While some stocks experienced significant increases, others saw reductions in holdings. These changes highlight the firm's proactive approach to managing its investments and adapting to market conditions.