Elmwood Wealth Management: Q4 2022 vs. Q1 2023 Holdings Comparison

Elmwood Wealth Management, Inc. has released its latest Form 13F filings, revealing the top stock holdings and changes in value from Q4 2022 to Q1 2023. In this analysis, we will discuss the trends seen in the filings and what it means for investors.

The top holdings for Elmwood Wealth Management haven't changed drastically since the last filing period. Apple Inc (AAPL) remains the largest holding, with 34,647 shares worth $5,621,000, followed closely by Amazon.com (AMZN) with 21,785 shares worth $2,188,000. The third-largest holding is Alphabet Inc (GOOGL), with 18,290 shares worth $1,879,000.

Looking at the biggest changes in holdings, WisdomTree Investments Inc (USFR) saw the largest increase in shares held, with an 2217.8% jump from 5,500 to 127,477 shares. Meanwhile, Vanguard Scottsdale Funds (VGSH) saw the largest decrease in shares held, with a -45.3% drop from 46,652 to 25,223 shares.

Other notable changes saw Caribou Biosciences Inc (CRBU) decrease in value by -15.4%, while Innovator ETFs Trust (POCT) increased in value by 6.9%. SSGA Active ETF Trust (ULST) also saw an increase in shares held, rising by 7.4%.

In terms of sector allocation, Information Technology remained the largest sector for Elmwood Wealth Management, making up 36.8% of the portfolio. The second-largest sector was healthcare, which accounted for 12.7% of the portfolio, followed by Consumer Discretionary at 12.6%.

Overall, it seems that Elmwood Wealth Management prioritizes the tech sector in its holdings, with a continued focus on major tech companies like Apple, Amazon, and Alphabet. The increase in holdings for WisdomTree Investments Inc suggests that the firm may be bullish on the financial sector as well.

It's important to note that these filings only represent a snapshot in time, and that holdings can change rapidly in response to market conditions. Nevertheless, analysis of these holdings can provide valuable insights into a firm's investment strategy and priorities. Investors would do well to keep an eye on future 13F filings from Elmwood Wealth Management to see how its holdings continue to evolve over time.