Etf Managers Group, LLC Q4 2022 vs. Q1 2023: A Close Look on Fund Holdings Updates

As the market trends shift, ETF Managers Group, LLC adjusts their fund holdings to maximize their returns. In their recent 13F filings, they have shared the changes in their holdings from Q4 2022 to Q1 2023. In this article, we'll take a closer look into their updated holdings and analyze the changes.

ETF Managers Group, LLC (ETFMG) is an exchange-traded fund issuer specializing in thematic ETFs. Their line-up of funds is designed to target a variety of sectors and industries, providing investors with the opportunity to diversify their portfolios effectively. To ensure that their funds perform optimally, they regularly review and adjust their holdings.

Here are some notable changes in ETFMG's holdings:

- ETFMG made a significant move to increase their holdings in MJUS (ETF Managers TR ETFMG US Alter). In the span of a quarter, they increased their shares from 36,021,589 to 81,825,808 – a 77% change. The value of their holdings also significantly increased from $70,602,000 to $124,997,000.

- ETFMG added VALT (ETF Managers TR ETFMG SIT ULTR) to their holdings in Q1 2023, with 2,525,000 shares amounting to $121,893,000.

- ETFMG decreased their shares in BAH (Booz Allen Hamilton Hldg Corp Cl A), LDOS (Leidos Holdings Inc), SPLK (Splunk Inc), and FIS (Fidelity Natl Information Svcs Com) by 8.1%, 6.2%, 5.7%, and 25.8%, respectively.

- ETFMG eliminated their shares in CYBR (Cyberark Software Ltd) and CRON.TO (Cronos Group Inc).

- ETFMG ramped up their shares in SNDL (SNDL Inc) and AFRM (Affirm Hldgs Inc) in Q1 2023. SNDL Inc's shares increased from 0 to 7,217,582, while Affirm Holdings Inc's shares increased by 89,721, bringing their total shares to 1,019,939.

One trend among ETFMG's holdings in Q1 2023 is their investments in the precious metals industry. As seen in their added holdings (VALT (ETF Managers TR ETFMG SIT ULTR) and First Majestic Silver Corp), they may be betting on the industry's ongoing bullishness.

One of the significant increases in ETFMG's holdings for Q1 2023 was MJUS (ETF Managers TR ETFMG US Alter). This technology-driven ETF focuses on large-cap US companies' innovative transformation in the 21st century. This move alone shows that ETFMG is banking on growing innovation in the US market.

On the other hand, th decrease in Fidelity Natl Information Svcs Com (FIS) holdings is an interesting one, as FIS made headlines earlier this year as they acquired all of the outstanding equity of payment-technology provider Worldpay, which is expected to enhance FIS's market position.

ETF Managers Group, LLC's recent holdings update shows that they stay up to date with market trends to maximize their fund returns. Investors should take note of these changes when analyzing the diversification of their portfolios.