Brave Asset Management Inc Q4 2022 vs. Q1 2023 13F Holdings Comparison

In the world of finance, change is constant. Investment managers are always making adjustments to their portfolios, moving money in and out of different securities based on their performance and outlook. One way that investment managers publicly disclose their portfolio changes is through quarterly Form 13F filings with the Securities and Exchange Commission (SEC).

In this blog post, we will examine the Q4 2022 vs. Q1 2023 13F holdings comparison for Brave Asset Management Inc. We will explore their holdings, changes in value, and the percentage change in their portfolio.

Brave Asset Management Inc's Q4 2022 holdings top five

1. ISHARES TR (AGG): 597,036 shares worth $57,906,000

2. ZIFF DAVIS INC (ZD): 295,892 shares worth $23,405,000

3. SELECT SECTOR SPDR TR (XLK): 109,565 shares worth $13,634,000

4. ISHARES TR (EFV): 327,652 shares worth $15,032,000

5. APPLE INC (AAPL): 91,044 shares worth $11,829,000

Brave Asset Management Inc's Q1 2023 holdings top five

1. ISHARES TR (AGG): 700,272 shares worth $69,775,000

2. ZIFF DAVIS INC (ZD): 310,799 shares worth $24,257,000

3. SELECT SECTOR SPDR TR (XLK): 131,876 shares worth $19,914,000

4. ISHARES TR (EFV): 400,539 shares worth $19,438,000

5. APPLE INC (AAPL): 94,385 shares worth $15,564,000

From the top five holdings, we can see that Brave Asset Management Inc has increased their position in all stocks except for XLV (SELECT SECTOR SPDR TR), which decreased by 1.1%. The biggest increase was AGG (ISHARES TR), which rose by a significant 20.5%, from 597,036 shares to 700,272 shares. AAPL (APPLE INC) also saw a healthy increase of 31.6%, from 91,044 shares to 94,385 shares.

It's interesting to note Brave Asset Management Inc's investments in XLK (SELECT SECTOR SPDR TR), which increased from 109,565 shares to 131,876 shares, representing a 46.1% increase in value, from $13,634,000 to $19,914,000. As technology stocks continue to outperform other sectors in the market, we can see that Brave Asset Management Inc is bullish on the tech industry.

On the other hand, the biggest decrease was in PFE (PFIZER INC), which fell by 22.4%, from 41,529 shares to 40,496 shares. NOC (NORTHROP GRUMMAN CORP) also saw a significant decrease of 15.4%, from 3,893 shares to 3,893 shares.

In conclusion, the Q4 2022 vs. Q1 2023 13F holdings comparison shows that Brave Asset Management Inc has made some significant portfolio changes. Overall, the firm has increased its investments and bullish on the tech sector. Whether their strategy will pay off remains to be seen, but it's clear that they are looking for growth opportunities in the market.