Comparing Riverpoint Wealth Management's Q3 vs. Q4 2022 Holdings: The Winners and Losers

Riverpoint Wealth Management Holdings, LLC released its 13F filings for the third and fourth quarters of 2022, revealing changes in holdings for a number of publicly traded companies. The Q3 2022 vs. Q4 2022 comparison sheds light on the investment firm's strategy, and provides insight into which assets have performed well and which ones have floundered.

GOLDMAN SACHS ETF TR Increases its Hold in Riverpoint Wealth Management

The Goldman Sachs ETF TR (GSLC) was one of the top gainers, with Riverpoint Wealth Management increasing its holdings from 649,678 shares to 664,110 shares, an increase of 9.6%. The value of the investment also rose from $46,140,000 to $50,558,000.

SCHWAB STRATEGIC TR Shows Strong Growth

Another winner in the Riverpoint Wealth Management portfolio was the Schwab Strategic TR (SCHF), whose holdings grew from 990,998 shares to 1,012,621 shares, a rise of 17%. The value of the investment climbed from $27,877,000 to $32,616,000.

VANGUARD TAX-MANAGED FDS sees a 20.1% Increase in Value

Riverpoint Wealth Management also saw a 20.1% increase in the value of its holdings in the Vanguard Tax-Managed FDS (VEA), which rose from $26,132,000 to $31,372,000. The number of shares held increased from 718,704 to 747,508.

ISHARES TR Misses the Mark

On the other hand, some investments in Riverpoint Wealth Management's portfolio performed poorly. The iShares TR (IWB), which had 12,704 shares in Q3, saw a decrease to 12,369 shares in Q4. The value of the investment also dipped from $2,507,000 to $2,603,000.

ORACLE CORP sees a Steep Drop

The Riverpoint Wealth Management's holdings in Oracle Corp (ORCL) also slid significantly, from 5,505 shares in Q3 to 2,709 shares in Q4 - a drop of 50.8%. The value of the investment plummeted from $336,000 to $221,000.

AMAZON COM INC Falls Short

Another loser in the firm's portfolio was Amazon COM Inc (AMZN); its holdings shrank from 6,940 shares in Q3 to just 620 shares in Q4 - a slump of 91.1%. The value of investment also saw a significant fall from $784,000 to $52,000.

Final Thoughts

Overall, the Q3 2022 vs. Q4 2022 comparison of Riverpoint Wealth Management Holdings, LLC's 13F filings highlights the firm's strategy and showcases which assets have performed well and those that have struggled. With some holdings increasing in value and others falling short, these changes may provide insight for those interested in the financial markets.