Lee Financial Group Hawaii, Inc. Q2 2023 vs. Q3 2023 13F Holdings Comparison

Lee Financial Group Hawaii, Inc. is a renowned financial institution that manages a diverse portfolio of investments. In this article, we will analyze the changes in their holdings for the second and third quarters of 2023. By examining these shifts, we can gain insights into their strategy and investment decisions.

Vanguard Index Funds (VOO)

In the second quarter of 2023, Lee Financial Group held 57,360 shares of Vanguard Index Funds (VOO), with a total value of $23,361,000. However, in the subsequent quarter, their position increased significantly to 71,311 shares, amounting to a value of $28,004,000. This represents a 19.9% growth in their holdings. Such an increase suggests that Lee Financial Group has confidence in the performance of Vanguard Index Funds and believes it to be a lucrative investment opportunity.

Pacer Funds Trust (COWZ)

Lee Financial Group's holdings in Pacer Funds Trust (COWZ) experienced a slight decrease from 545,848 shares in Q2 2023 to 530,074 shares in Q3 2023. Despite this decline, the difference accounts for only 0.3%. Considering the minimal change, it seems that Lee Financial Group decided to maintain their position in this particular fund.

Pacer Funds Trust (ALTL)

Similar to their holdings in COWZ, Lee Financial Group's position in Pacer Funds Trust (ALTL) saw a modest increase from 368,155 shares in Q2 2023 to 410,599 shares in Q3 2023. This growth of 2.3% implies a positive sentiment towards ALTL, indicating the belief that it will produce favorable returns in the long run.

PIMCO ETF Trust (BOND)

Lee Financial Group experienced a significant reduction in their holdings of PIMCO ETF Trust (BOND) during the third quarter of 2023. Their position diminished from 85,335 shares to 64,832 shares, representing a decrease of 27.1%. This significant shift might indicate a change in their outlook on the performance of this particular fund.

First Trust Exchange-Traded Fund VI (UCON)

UCON, an exchange-traded fund managed by First Trust, also witnessed a substantial decrease in Lee Financial Group's holdings. Their position dropped from 334,569 shares in Q2 2023 to 233,819 shares in Q3 2023, resulting in a decline of 30.9%. Such a significant reduction suggests that Lee Financial Group decided to reallocate their resources away from this fund.

These were just a few highlights of Lee Financial Group Hawaii, Inc.'s Q2 2023 vs. Q3 2023 13F holdings comparison. By examining the changes in their portfolio, it is possible to gain insights into their investment strategy and preferences. However, it is important to note that this analysis solely focuses on changes in holdings and does not account for the reasoning behind these decisions.

Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. Investing in financial markets involves risk, and individuals should conduct thorough research and seek professional guidance before making any investment decisions.