Biltmore Wealth Management, LLC Q3 2023 vs. Q4 2023 - A Comprehensive Analysis of 13F Holdings Comparison

In the dynamic world of finance, keeping track of investment holdings and making informed decisions is crucial. This is where the Securities and Exchange Commission's Form 13F comes into play, requiring institutional investment managers to report their holdings on a quarterly basis. Biltmore Wealth Management, LLC recently released their Q3 2023 and Q4 2023 13F Holdings, and the numbers reveal some noteworthy changes.

SELECT SECTOR SPDR TR Takes the Lead

The top holdings in Biltmore Wealth Management's portfolio during the given period were dominated by the SELECT SECTOR SPDR TR. In Q3 2023, the total number of shares held in the XLI, XLK, XLV, XLY, XLP, XLB, XLU, XLC, and XLE increased from 224,824 shares to 234,827 shares. This represents a remarkable growth of 17.4%.

PIMCO ETF TR and ISHARES TR Witness Significant Swings

While the SELECT SECTOR SPDR TR took the lead, PIMCO ETF TR and ISHARES TR witnessed significant changes in their holdings. In the case of SMMU, the number of shares increased from 359,195 in Q3 to 368,867 in Q4, contributing to a 5% growth. On the contrary, USRT experienced a drastic decline, with the number of shares dropping from 187,227 to 98,899, leading to a massive decrease of 39.2%.

Noteworthy Gainers and Losers

Several stocks stood out due to notable gains or losses in Biltmore Wealth Management's portfolio during this period. APPLE INC (AAPL), one of the major technology giants, witnessed a 12.6% increase in the number of shares held, reaching 7,266. Similarly, NVIDIA CORPORATION (NVDA) experienced a 13.9% growth, with shares rising from 2,430 to 2,431.

In contrast, the Procter & Gamble Company (PG) faced a marginal change. The number of shares remained almost constant, with a slight increase from 5,822 to 5,857. Even though the percentage change appears minimal, it's worth noting that the value of these shares witnessed a slight increase of 1.1%.

Furthermore, some companies experienced a downturn in their holdings. PIMCO ETF TR (MUNI) and ISHARES TR (SHY) faced a significant decrease of 73.8% and 28%, respectively. The number of shares held in MUNI dropped from 290,217 to 72,013, while SHY saw a decline from 23,057 to 16,378.

Takeaways from Biltmore Wealth Management's 13F Holdings

Biltmore Wealth Management, LLC's 13F Holdings report for Q3 2023 and Q4 2023 reveals some noteworthy changes in their portfolio. The SELECT SECTOR SPDR TR emerged as the dominant player, showing a significant increase in the number of shares held. On the other hand, PIMCO ETF TR and ISHARES TR experienced both significant gains and losses, highlighting the dynamic nature of investment holdings.

Investors and financial professionals must carefully analyze such reports to make informed decisions and understand market trends. By keeping a watchful eye on changes in holdings, opportunities can be identified, providing the potential for optimized investment strategies.

Disclaimer: The holdings mentioned in this article are based on publicly available information and should not be considered as financial advice. Investors are advised to conduct their own research and seek professional guidance before making any investment decisions.