AE Wealth Management LLC Q4 2022 vs. Q1 2023 13F Holdings Comparison

Investment management is a dynamic field that is subject to constant change. The latest quarterly 13F filings submitted with the Securities and Exchange Commission (SEC) reveal how AE Wealth Management LLC's holdings have changed from Q4 2022 to Q1 2023. Let's take a closer look at the changes in the company's top holdings and what they might mean for investors.

Apple Inc. (AAPL)

AE Wealth Management LLC held 2,603,393 shares of Apple Inc. at the end of Q4 2022, worth $338,258,000. However, by the end of Q1 2023, the company had decreased its stake to 2,563,831 shares, worth $422,775,000. This represents a 25% decrease in the value of AE Wealth Management LLC's holdings in Apple Inc. Though the decline in value may seem daunting, it is important to note that the broader market performed unfavorably in the first quarter of 2023, and the decrease in Apple Inc.'s stock price is not necessarily indicative of the company's performance.

SPDR Ser Tr (BIL)

AE Wealth Management LLC held 5,358,330 shares of SPDR Ser Tr (BIL) at the end of Q4 2022, worth $490,126,000. However, by the end of Q1 2023, the company had decreased its stake to 4,186,578 shares, worth $384,411,000 - a staggering 21.6% decrease in the value of its holdings. This downward trend could be attributed to investors' concerns over rising inflation and a possible interest rate hike, which could negatively impact fixed-income investments such as BIL.

Ishares Tr (IVV)

AE Wealth Management LLC held 730,323 shares of Ishares Tr (IVV) at the end of Q4 2022, worth $280,597,000. By the end of Q1 2023, the company had increased its holdings to 802,499 shares worth $329,891,000, representing a 17.6% increase in the value of its holdings. IVV offers investors exposure to the top 500 companies listed on U.S. stock exchanges, making it an ideal choice for broad market exposure.

Vanguard Index Fds (VOO)

AE Wealth Management LLC held 851,717 shares of Vanguard Index Fds (VOO) worth $299,242,000 at the end of Q4 2022. By the end of Q1 2023, however, the company had increased its holdings to 834,900 shares worth $313,980,000, indicating a 4.9% increase in the value of its holdings. Like Ishares Tr (IVV), Vanguard Index Fds (VOO) offers investors exposure to a broad market index.

Invesco Qqq Tr (QQQ)

AE Wealth Management LLC held 651,857 shares of Invesco Qqq Tr (QQQ) worth $173,576,000 at the end of Q4 2022, and by the end of Q1 2023, the company had increased its holdings to 655,046 shares worth $210,223,000. This represents a 21.1% increase in the value of its holdings. QQQ is an Exchange Traded Fund (ETF) that tracks the performance of the Nasdaq-100 Index, which comprises the largest non-financial companies listed on the Nasdaq Stock Market.

Conclusion

While the changes in holdings of AE Wealth Management LLC between Q4 2022 and Q1 2023 may seem dramatic, it is important to remember that the broader market faced many challenges during the first quarter of 2023. Indeed, the company's diversification across different sectors highlights its commitment to risk management and a well-rounded investment strategy. As always, investors must remember to take a long-term view and consider a range of factors such as market trends, industry performance, and companies' financial and operational health before making investment decisions.