Biltmore Wealth Management's Q4 2022 vs. Q1 2023 Stocks Comparison

Biltmore Wealth Management, LLC recently disclosed its 13F holdings for the fourth quarter of 2022 and the first quarter of 2023. The comparison has revealed some interesting changes in the company's portfolio.

One of the most notable changes in Biltmore Wealth Management's Q4 2022 vs. Q1 2023 13F holdings comparison is the increase in its holdings of XLK, XLY, and XLC. Biltmore Wealth Management has increased its shares of XLK from 161,864 to 166,134, XLY from 114,197 to 124,395, and XLC from 124,329 to 138,015. These are significant increases, particularly in XLC, which has seen a 34.1% change.

Biltmore Wealth Management has also made some notable reductions in its portfolio. The biggest reduction was in TIP, where the company reduced its holdings from 164,233 shares to 71,253 shares, a change of 55.1%. Similarly, the company has decreased its holdings in XLE from 114,542 to 99,509, a significant change of 17.7%.

While Biltmore Wealth Management has reduced its holdings in several stocks, the company has also acquired new shares in some stocks. For instance, the company has acquired 5,170 shares in NVIDIA CORPORATION and increased its shares in Abbott Labs to 1,920 from zero in Q4 2022.

One of the things that stand out in Biltmore Wealth Management's Q4 2022 vs. Q1 2023 13F holdings comparison is the company's diverse portfolio. Biltmore Wealth Management has acquired shares in companies across different industries, including technology, healthcare, and energy.

It is important to note that Biltmore Wealth Management's decision to buy or sell stock is often based on its investment strategy and market conditions. The changes in the company's portfolio are, therefore, not always indicative of the performance of the companies involved.

In conclusion, the Q4 2022 vs. Q1 2023 13F holdings comparison reveals that Biltmore Wealth Management has made some strategic changes in its portfolio. The company has increased its holdings in some stocks while reducing shares in others. These changes are driven by the company's investment strategy and market conditions.