Portfolio Strategies, Inc. Q4 2022 vs. Q1 2023: Analyzing the Shifts in Major 13F Holdings

The latest 13F filing of Portfolio Strategies, Inc. has revealed some significant changes in their holdings from Q4 2022 to Q1 2023. The report covers the shares, value, and percentage change of issuers held by the firm, including GLOBAL X FDS, VANECK ETF TRUST, ISHARES TR, FIDELITY COVINGTON TRUST, SPDR SER TR, VANGUARD INDEX FDS, INVESCO QQQ TR, and more. Let's analyze the shift in major 13F holdings in detail and examine the potential implications.

One of the noteworthy changes is the decrease in shares and value of PAVE by 5.2%. However, GLOBAL X FDS still maintained its position as one of the top holdings in the portfolio. Similar decreases in shares and value are observed in SMH, IQN, IWV, and SPTM with a 29.1%, 572.4%, 5.1%, and 5.1% change respectively.

On the other hand, FTEC experienced a significant increase in shares and value by 150.7%, while the value of VGT went up by 19.6%. These changes signify the growing confidence of Portfolio Strategies, Inc. towards technology companies.

The report also highlighted some major changes in specific issuers by the firm. MGK, the vanguard world funds, experienced a drastic decrease in shares and value by 51.8%. In contrast, AAPL's shares and value went up by 26.1%, indicating a shift towards the technology giant. AMZN's shares went up by 21.5%, indicating a growing interest in the e-commerce industry.

Furthermore, some issuers reported a 100% decrease in shares and value. VIG, PROSHARES TR, SCHWAB STRATEGIC TR, INVESCO EXCH TRADED FD TR II, INVESCO EXCHANGE TRADED FD T, SPDR SER TR, and LIN are among the issuers with major drops in shares and value.

In conclusion, the report reveals that Portfolio Strategies, Inc. had undergone some significant changes in its 13F holdings. The findings signify a potential shift towards technology and e-commerce companies while reducing holdings in some of the issuers with a massive drop in shares and value. Nonetheless, these changes should not be generalized, and further analysis is required to determine the underlying insights.