Analyzing Intersect Capital LLC's Q1 2022 vs. Q2 2022 13F Holdings

Intersect Capital LLC, a registered investment advisory firm, recently filed its Form 13F for Q2 2022 with the Securities and Exchange Commission. This filing discloses the company's holdings as of June 30, 2022. Comparing this to the previous quarter's filing, which covered holdings as of March 31, 2022, some interesting changes emerge.

Here's a look at how Intersect Capital LLC's holdings have evolved from the first to the second quarter of 2022:

Apple Inc: Intersect Capital LLC reduced its holdings in Apple Inc by 19.6%, going from 163,756 shares to 131,514 shares. The value of these shares also dropped from $28.6 million to $17.9 million.

Microsoft Corp: The company also reduced its holdings in Microsoft Corp by 17.9%. It went from 67,608 shares to 55,533 shares, with a corresponding drop in value from $20.8 million to $14.3 million.

iShares TR: Intersect Capital LLC reduced its holdings in iShares TR by 18.1%, from 502,921 shares to 411,241 shares. The value of these shares also dropped from $18.3 million to $13.5 million.

Vanguard Index Fds: The company sold 9.6% of its holdings in Vanguard Index Fds, going from 81,508 shares to 71,827 shares. The value of these shares also dropped from $12.0 million to $9.5 million.

CrowdStrike Hldgs Inc: Intersect Capital LLC reduced its holdings in CrowdStrike Hldgs Inc by 1.9%, going from 54,649 shares to 53,522 shares. The value of these shares also dropped from $12.4 million to $9.0 million.

Dimensional ETF Trust: The company acquired a new position in Dimensional ETF Trust, holding 198,846 shares valued at $6.3 million.

Bristol-Myers Squibb Co: Intersect Capital LLC increased its holdings in Bristol-Myers Squibb Co by 24.3%, going from 22,239 shares to 27,671 shares. The value of these shares also increased from $1.6 million to $2.1 million.

Meta Platforms Inc: The company reduced its holdings in Meta Platforms Inc by 2.1%, going from 11,730 shares to 11,340 shares. The value of these shares also dropped from $2.6 million to $1.8 million.

It's important to note that this report only covers long holdings in the portfolio, and short positions or cash holdings are not included.

Conclusion

Intersect Capital LLC's Q2 2022 13F filing shows a marked change in holdings compared to the previous quarter. The company has reduced its exposure to some popular stocks such as Apple Inc and Microsoft Corp, while adding to its position in Dimensional ETF Trust. These moves demonstrate the company's shrewdness in managing its portfolio and being mindful of risk. As always, investors should conduct their own research before making any investment decisions based on this or any other publicly available data set.