D. Scott Neal, Inc. Q1 2023 vs. Q2 2023: A Comparison of 13F Holdings

In the world of investment management, keeping track of a fund's holdings and their changes is crucial. These holdings, disclosed through regulatory filings known as 13F reports, provide insights into the investment strategies of various firms. In this article, we will delve into the Q1 2023 and Q2 2023 13F holdings of D. Scott Neal, Inc., exploring the changes in their portfolio during this period.

D. Scott Neal, Inc., a trusted investment firm, manages a diverse portfolio composed of various securities and assets. Let's take a closer look at the significant changes in their holdings over these two quarters.

One of the notable changes in D. Scott Neal, Inc.'s portfolio is their increased investment in SPDR GOLD TR (GLD). In Q1 2023, their holdings amounted to 66,023 shares, which saw a slight uptick to 68,532 shares in Q2 2023. This increase of 1% reflects the firm's desire to capitalize on the potential stability and growth of the gold market.

Another interesting change is their investment in KLA CORP (KLAC), a semiconductor equipment company. While D. Scott Neal, Inc. had no holdings in KLAC during Q1 2023, they acquired 18,704 shares in Q2 2023. This move showcases the firm's confidence in the semiconductor industry and its potential for future growth.

GALLAGHER ARTHUR J & CO (AJG) is another company that caught the attention of D. Scott Neal, Inc. While they had no holdings in AJG during Q1 2023, they acquired 40,820 shares in Q2 2023. This considerable increase in holdings demonstrates their belief in the insurance brokerage and risk management industry.

Moving on, we come across EXXON MOBIL CORP (XOM), one of the largest publicly traded international oil and gas companies. D. Scott Neal, Inc. increased their holdings in XOM from 78,395 shares in Q1 2023 to 81,368 shares in Q2 2023, reflecting a 1.5% increase. This move suggests their confidence in the energy sector and its potential for future profitability.

Similarly, ISHARES TR (IYK) experienced a marginal increase in holdings from 42,938 shares in Q1 2023 to 43,083 shares in Q2 2023, representing a 0.9% increase. This suggests D. Scott Neal, Inc.'s consistent interest in consumer goods and the stability associated with these types of investments.

On the flip side, there were a few holdings that witnessed a decrease during this period. ABBVIE INC (ABBV), a pharmaceutical company, saw a decline in D. Scott Neal, Inc.'s holdings from 57,605 shares in Q1 2023 to 60,352 shares in Q2 2023, signifying an 11.4% decrease. This reduction may indicate a change in the firm's outlook on the pharmaceutical industry or a strategic reallocation of resources.

SELECT SECTOR SPDR TR (XLU) also experienced a decrease in holdings from 120,673 shares in Q1 2023 to 118,384 shares in Q2 2023, representing a 5.2% decrease. This reduction suggests a shift in D. Scott Neal, Inc.'s focus away from the utilities sector, potentially due to changing market dynamics.

Finally, there were several holdings that remained relatively stable during this period. MICROSOFT CORP (MSFT), one of the world's largest technology companies, saw minimal change in D. Scott Neal, Inc.'s holdings, with 8,399 shares in Q1 2023 compared to 8,386 shares in Q2 2023. This stability suggests that the firm continues to believe in the long-term potential of the technology sector.

In conclusion, D. Scott Neal, Inc. made several notable changes to their portfolio during the Q1 2023 to Q2 2023 period. While they increased their holdings in some companies like SPDR GOLD TR and KLA CORP, they reduced their positions in others like ABBVIE INC and SELECT SECTOR SPDR TR. These changes highlight the firm's strategic decision-making and their ability to adapt to evolving market conditions. As with any investment, it is important for individuals and organizations to thoroughly research and evaluate the prospects and risks associated with each investment before making any decisions.