AdvisorNet Financial, Inc Q1 2023 vs. Q2 2023 13F Holdings Comparison

In the ever-evolving world of finance, it's essential to stay updated on the latest trends and changes in investment strategies. One crucial aspect of this is understanding the holdings of various funds. By analyzing the holdings of different funds, investors can gain insights into market trends, potential opportunities, and the investment strategies of top players in the industry.

This article will focus on the Q1 2023 and Q2 2023 13F holdings comparison of AdvisorNet Financial, Inc. While the data from the CSV will not be explicitly mentioned, we will explore the changes in the top holdings of AdvisorNet Financial, Inc. and discuss the potential implications for investors.

GOLDMAN SACHS ACTIVEBETA U.S. LARGE CAP EQUITY ETF (GSLC)

One of the most significant changes in holdings was seen in the Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (GSLC). The fund's holdings increased from 581,065 shares in Q1 2023 to 585,583 shares in Q2 2023, representing an 8.3% change. The value of these holdings also increased from $47,194,000 to $51,121,000.

APPLE INC (AAPL)

Another notable change was observed in holdings of Apple Inc (AAPL). The number of shares held by AdvisorNet Financial, Inc decreased from 221,206 in Q1 2023 to 218,430 in Q2 2023, which translates to a 16.2% decrease. However, it's important to note that the value of these holdings increased from $36,476,000 to $42,368,000.

MICROSOFT (MSFT)

AdvisorNet Financial, Inc also saw a slight decrease in holdings of Microsoft (MSFT). The number of shares held decreased from 71,499 in Q1 2023 to 70,573 in Q2 2023, representing a 16.6% decrease. However, the value of these holdings increased from $20,613,000 to $24,032,000.

VANGUARD SHORT-TERM INFLATION-PROTECTED SECURITIES ETF (VTIP)

In the Vanguard Short-Term Inflation-Protected Securities ETF (VTIP), there was an increase in holdings. The number of shares held by AdvisorNet Financial, Inc grew from 473,174 in Q1 2023 to 493,255 in Q2 2023, reflecting a 3.4% increase. The value of these holdings also increased from $22,627,000 to $23,390,000.

SPDR S&P 500 ETF (SPY)

Another area worth mentioning is the SPDR S&P 500 ETF (SPY). The number of shares held by AdvisorNet Financial, Inc increased from 37,227 in Q1 2023 to 40,191 in Q2 2023, representing a 16.9% increase. The value of these holdings also saw growth, rising from $15,240,000 to $17,815,000.

VANGUARD SMALL CAP ETF (VB)

The Vanguard Small Cap ETF (VB) was another area of interest. AdvisorNet Financial, Inc saw an increase in their holdings, with the number of shares growing from 86,710 in Q1 2023 to 89,569 in Q2 2023. This represents an 8.4% increase. Similarly, the value of these holdings increased from $16,436,000 to $17,814,000.

Conclusion

Understanding the changes in holdings of various funds can provide valuable insights for investors. The Q1 2023 and Q2 2023 13F holdings comparison of AdvisorNet Financial, Inc shed light on their investment strategies and potential market trends.

While there were both increases and decreases in holdings across different securities, it's crucial to consider the overall performance of the funds and the specific strategies employed. These changes may indicate adjustments in portfolio allocations or reactions to market conditions.

As an investor, staying up-to-date with the latest changes in fund holdings can help you make informed decisions and navigate the dynamic world of finance more effectively.

Please note that this article is for informational purposes only and should not be considered financial advice. Always conduct thorough research and consult with a professional advisor before making any investment decisions.