Brookstone Capital Management Q4 2022 vs. Q1 2023 13F Holdings Comparison

Brookstone Capital Management, a well-known and respected investment firm, has recently released its latest 13F holdings comparison. The 13F filing is a quarterly disclosure of the investment manager's holdings and provides valuable insights into the firm's investment strategy and portfolio changes.

In light of the current market conditions and the ongoing pandemic, investors are eagerly waiting to learn more about the changes made by Brookstone Capital Management in its Q4 2022 vs. Q1 2023 13F holdings comparison.

In this blog post, we will provide an in-depth analysis of Brookstone Capital Management's latest 13F filing, focusing on the top holdings and the changes made to the portfolio during the fourth quarter of 2022 and the first quarter of 2023.

Top Holdings

Looking at the top holdings in Brookstone Capital Management's portfolio, it's clear that the company has invested heavily in exchange-traded funds (ETFs), with the SPDR S&P 500 ETF TR (SPY) and the iShares TR (USMV) taking the top two spots.

During the fourth quarter of 2022, Brookstone Capital Management held 334,146 shares in SPY, which had a value of $129,675,000. However, during the first quarter of 2023, the company increased its holdings in SPY to 384,803 shares, worth $159,285,000. This represents a significant increase of 22.8% in share holdings and a growth of 22.9% in value.

In contrast, the company's holdings in USMV decreased by 15.7%, with 2,353,886 shares held during Q4 2022, decreasing to 1,969,297 shares during Q1 2022. This change represented a decrease in value from $172,916,000 to $145,708,000.

Changes in Portfolio

Besides SPY and USMV, Brookstone Capital Management made significant changes to its holdings during the fourth quarter of 2022 and the first quarter of 2023. For instance, the company's holdings in the SPDR Ser TR (SPLG) increased by 28.1%, while its holdings in the Invesco QQQ Trust (QQQ) increased by a whopping 46.4%.

On the flip side, Brookstone Capital Management reduced its holdings in the iShares TR (IVV) during Q1 2023, with a decrease of 4.5% in share holdings, resulting in a dip from $90,874,000 to $95,002,000. The company's holdings in the iShares TR (SHY) also decreased significantly, dropping by 41% in share holdings and decreasing in value from $90,207,000 to $53,216,000 during Q1 2023.

Conclusion

Brookstone Capital Management's latest 13F holdings comparison provides valuable insights into the company's investment strategy, portfolio changes, and top holdings. The firm's heavy investment in ETFs, particularly SPY and USMV, reflects its bullish outlook on the market. Meanwhile, the significant changes made to the portfolio, particularly in QQQ, indicate the company's willingness to take on greater risk in pursuit of better returns.

It's worth noting that the data is as of the end of Q1 2023 and market conditions are subject to change rapidly. However, Brookstone Capital Management's latest 13F filing provides investors with a useful snapshot of the firm's investment strategy and portfolio changes and gives them valuable insights into the ever-evolving investment landscape.