A Comparative Analysis of Keystone Financial Group’s Q3 and Q4 2022 Holdings

Investing in stocks and bonds is one of the most reliable and profitable sources of income. Investors and fund managers use different investment strategies to make better investment decisions. One such strategy is the 13F filing that institutional investors use to report their holdings to the Securities and Exchange Commission (SEC). In this blog post, we will take a closer look at Keystone Financial Group's Q3 and Q4 2022 13F holdings and analyze the differences.

Keystone Financial Group is an institutional investor that manages more than $540 million in assets. The group invests in a diversified portfolio of stocks, bonds, and exchange-traded funds. Let's look at Keystone Financial Group's Q3 2022 holdings and compare them to their Q4 2022 holdings.

Q3 2022 Holdings

In Q3 2022, Keystone Financial Group held 32 stocks and bonds worth more than $540 million. The top 5 holdings made up more than 40% of the portfolio's total value. The top holdings were:

- SPDR S&P 500 ETF Trust (SPY) with 132,381 shares worth $47.284 million

- Apple Inc. (AAPL) with 213,322 shares worth $29.481 million

- VictoryShares US 500 Enhanced Volatility Wtd ETF (CFO) with 357,630 shares worth $22.942 million

- First Trust Capital Strength ETF (FTCS) with 261,286 shares worth $17.355 million

- iShares Core S&P Total US Stock Mkt ETF (ITOT) with 191,645 shares worth $15.243 million

Q4 2022 Holdings

In Q4 2022, Keystone Financial Group increased its investments to 35 stocks and bonds worth more than $556 million. The top 5 holdings made up more than 40% of the portfolio's total value. The top holdings were:

- SPDR S&P 500 ETF Trust (SPY) with 131,908 shares worth $50.445 million

- Apple Inc. (AAPL) with 205,407 shares worth $26.688 million

- VictoryShares US 500 Enhanced Volatility Wtd ETF (CFO) with 364,550 shares worth $23.334 million

- First Trust Capital Strength ETF (FTCS) with 278,294 shares worth $20.858 million

- iShares Core S&P Total US Stock Mkt ETF (ITOT) with 200,535 shares worth $17.005 million

Changes in Holdings

Keystone Financial Group decreased its holdings in Apple Inc. (AAPL) by 7.5% from Q3 to Q4 2022, selling 7,915 shares, which amounts to a 9.4% decrease in the total value of the shares. Similarly, Keystone Financial Group decreased its holdings in the iShares Core S&P Total US Stock Mkt ETF (ITOT) by 4.3%. The group sold a total of 8,110 shares, decreasing the total value of its holdings by 11.6%.

On the other hand, Keystone Financial Group increased its holdings in the ETF, VictoryShares US 500 Enhanced Volatility Wtd ETF (CFO) by 1.7%. The group also increased its holdings in the First Trust Capital Strength ETF (FTCS) and the iShares Core S&P Total US Stock Mkt ETF (ITOT) by 20.2% and 11.6%, respectively.

In conclusion, Keystone Financial Group's Q4 2022 holdings show that the group made smart investment decisions that led to an increase in its total portfolio value. Although the group decreased its holdings in Apple Inc. (AAPL) and the iShares Core S&P Total US Stock Mkt ETF (ITOT), it increased its investments in the VictoryShares US 500 Enhanced Volatility Wtd ETF (CFO), the First Trust Capital Strength ETF (FTCS), and the iShares Core S&P Total US Stock Mkt ETF (ITOT). This indicates that the group is following a balanced investment strategy that focuses on diversification and risk management.