Stockman Wealth Management, Inc. Q3 2022 vs. Q4 2022: A Look at the Changing Holdings

As the year 2022 progressed, Stockman Wealth Management, Inc. saw significant changes in its holdings between Q3 and Q4. The 13F Holdings Comparison illustrates an increase in shares for some stocks and a decrease for others, bringing about a change in portfolio value for the company. In this blog post, we will take a closer look at the changes and what it might mean for the company going forward.

The first stock we will examine is IJR, part of the ISHARES TR fund. In Q3, Stockman owned 8,678 shares valued at $757,000. However, by Q4, the number of shares had increased significantly to 191,167, valued at $18,092,000. This represents an increase of 2,290%. This extraordinary increase could perhaps be attributed to a growing interest in the fund or a newfound confidence in the company's prospects.

Another notable increase is observed in JPM shares. The number of shares increased from 90,202 in Q3 to 87,152 in Q4. The value also increased from $9,426,000 to $11,687,000, representing an increase of 24%. Similarly, the holdings of MRK saw a growth of 21.1%, increasing from 121,437 to 114,149.

On the other hand, some stocks saw a decrease in the number of shares held. The holdings of ABBVIE INC (ABBV) decreased from 50,794 shares to 48,944 shares, representing a 16% decrease in value. While APPLE INC (AAPL) saw a decrease of 2.9% in the number of shares, going from 123,420 to 127,522.

The holdings of some stocks remained relatively stable, with less than a 5% difference between Q3 and Q4. For example, MICROSOFT CORP (MSFT) saw an increase of 4.9% from 69,404 to 70,673. Meanwhile, the holdings of EXXON MOBIL CORP (XOM) increased by 16.9%, from 91,467 to 84,656.

One of the significant changes observed in Stockman Wealth Management's portfolio was in the VANGUARD INTL EQUITY INDEX F (VWO) fund, whose holdings increased by an astonishing 1801.9%. The number of shares owned was a mere 7,545, valued at $275,000 in Q3, which increased to 134,175 shares valued at $5,230,000 by Q4. This significant increase in holdings could be linked to the rising value of international stocks or a strategic decision made by the company.

However, the holdings of some stocks saw a significant decrease, such as the FIRST TR EXCHANGE-TRADED FD (LMBS) whose holdings decreased by 49.8%, going from 217,964 to 109,188. Similarly, the SCHWAB STRATEGIC TR (SCHX) holdings decreased by 44.8% from 118,762 to 61,491, and the FIRST TR EXCHANGE-TRADED FD III (FPE) fell by 66.2% from 180,676 to 60,661.

Overall, these changes in holdings could suggest that Stockman Wealth Management, Inc. is continually evaluating and adjusting its investments based on market trends, company performances, and economic conditions. It will be interesting to see how these changes play out in the coming year and whether the company sees improved returns on its diversified portfolio.

In conclusion, Stockman Wealth Management, Inc. saw substantial changes in its holdings between Q3 and Q4 of 2022. While some stocks saw an increase in the number of shares held and value, others saw a decrease. Notable changes include the surge in VWO holdings and the fall of LMBS, SCHX, and FPE. These changes represent the company's ongoing efforts to manage its portfolio strategically and maximize returns for its clients.