CKW Financial Group Q1 2023 vs. Q2 2023: A Deep Dive into the Holdings Comparison

In the fast-paced world of finance, it is crucial for investors and fund managers to stay updated on the holdings of various funds. One method to do this is through the submission of Form 13F, a quarterly report filed by institutional investors with the U.S. Securities and Exchange Commission (SEC).

In this article, we will explore the changes in holdings between the first quarter (Q1) and the second quarter (Q2) of 2023 for CKW Financial Group. While we won't delve into the technicalities of what Form 13F is and who needs to file it, we will uncover some interesting insights from the data.

ISHARES CORE S&P 500 ETF (IVV):

The first notable change is in the holding of the ISHARES CORE S&P 500 ETF, which experienced a decrease of 2.9% in the number of shares held by CKW Financial Group. Despite this decrease, the value of these shares increased from $297,848,000 to $306,555,000, indicating a positive trajectory for the fund.

ISHARES TRUST CORE MSCI EAFE ETF (IEFA):

Another significant change is seen in the holdings of the ISHARES TRUST CORE MSCI EAFE ETF. CKW Financial Group reduced their holdings by 4.8%, with a decrease in the number of shares held from 1,783,965 to 1,682,625. However, the value of these shares decreased only slightly from $119,258,000 to $113,577,000.

ISHARES INC CORE MSCI EMERGING MKTS ETF (IEMG):

The ISHARES INC CORE MSCI EMERGING MKTS ETF witnessed a substantial decrease in holdings by CKW Financial Group. There was a significant 23% decrease in the number of shares held, from 1,158,519 to 883,559. This decrease is reflected in the value of these shares, which declined from $56,524,000 to $43,551,000.

MCDONALD'S CORP (MCD):

Interestingly, CKW Financial Group maintained its holdings in MCDONALD'S CORP during the Q1 to Q2 period. The number of shares held remained constant at 143,655 shares. However, there was a slight increase in the value of these shares from $40,167,000 to $42,868,000, showing a positive shift in the stock's performance.

ISHARES CORE S&P MID-CAP ETF (IJH):

CKW Financial Group also maintained its holdings in the ISHARES CORE S&P MID-CAP ETF. The number of shares held remained nearly unchanged, with only a marginal decrease from 155,181 to 154,995 shares. Similarly, the value of these shares experienced a small increase from $38,820,000 to $40,528,000.

VANGUARD INTL EQUITY INDEX FDS ALLWRLD EX US (VEU):

A notable change in CKW Financial Group's holdings is evident in the VANGUARD INTL EQUITY INDEX FDS ALLWRLD EX US fund. In Q1, they reported no holdings in this fund, and by Q2, they acquired 507,256 shares, valued at $27,600,000. This significant acquisition suggests a newfound interest in international equity.

GOLDMAN SACHS EQUAL WEIGHT US LARGE CAP EQUITY ETF (GSEW):

CKW Financial Group also decreased its holdings in the GOLDMAN SACHS EQUAL WEIGHT US LARGE CAP EQUITY ETF during the Q1 to Q2 period. The number of shares held decreased from 473,632 to 422,195, a decrease of 7.4%. The value of these shares also declined from $28,498,000 to $26,396,000.

These are just a few highlights from the CKW Financial Group Q1 2023 vs. Q2 2023 13F holdings comparison. The data provides valuable insights into the shifts in their investment strategy and can be a useful tool for investors looking to understand market trends.

Disclaimer: The information provided in this article is based on publicly available data, and the analysis and opinions expressed here are solely those of the author. This article is for informational purposes only and should not be considered as financial advice. Please consult with a professional financial advisor before making any investment decisions.