Armbruster Capital Management: Analyzing the Q4 2022 and Q1 2023 13F Holdings Changes

Investment management can be a challenging task, especially when it comes to analyzing changes in fund holdings. As an investment advisor, it is essential to keep track of 13F filings to ensure your portfolio aligns with the latest market trends. In this article, we will analyze the changes in holding of the Armbruster Capital Management, Inc. Q4 2022 vs. Q1 2023 13F filing.

Armbruster Capital Management, Inc. is a New York-based firm founded in 1996. The firm specializes in providing investment advisory services to individual and institutional investors. The firm focuses on investing in large-cap and mid-cap companies with strong fundamentals and a history of consistent growth.

Let's dive into the details of the Q4 2022 and Q1 2023 13F holdings and analyze the significant changes in Armbruster Capital Management's portfolio.

In Q4 2022, the top five holdings of Armbruster Capital Management, Inc., by value, were Vanguard Wellington Fund, Invesco Exchange Traded Fund T, iShares TR, Invesco Exch Traded FD TR II, and American Century ETF. However, in Q1 2023, Invesco Exchange Traded Fund T replaced the Vanguard Wellington Fund as the top holding, followed by iShares TR, Invesco Exch Traded FD TR II, Vanguard Wellington Fund, and American Century ETF.

In terms of individual stocks, there were some significant changes as well. For instance, Apple Inc., the technology giant, saw an increase of 22% in the number of shares held by Armbruster Capital Management, Inc. Microsoft Corp., another top tech stock, saw a 3.7% increase in the number of shares held. Meanwhile, Coca Cola Co. saw a significant decrease of 45.4% in the number of shares held, likely due to the negative impact of the pandemic on the beverage industry.

Looking beyond individual stocks, there were also some significant sector-level changes. For instance, the iShares TR saw an increase of 11.6% in the number of shares held in the Qual stock, which focuses on quality stocks that have a track record of stable earnings growth. Meanwhile, the Invesco Exchange Traded Fund TR II saw a 16.7% increase in the number of shares held in the SPVU stock, which provides exposure to a portfolio of companies that have a high potential for capital appreciation.

In conclusion, analyzing changes in 13F holdings can provide valuable insights into the investment strategies of top investment managers. From the changes observed in Armbruster Capital Management's holdings, it is clear that the firm continues to focus on investing in companies with strong fundamentals and consistent growth potential. It will be interesting to see how these investment strategies play out in the coming months and how they contribute to Armbruster Capital Management's overall investment performance.