FAS Wealth Partners Q3 2022 vs. Q4 2022 13F Holdings Comparison

The third quarter of 2022 has come to a close, and it's time to analyze the performance of some of the top-performing funds. FAS Wealth Partners, a well-known financial services company, has reported its 13F holdings for Q3 2022 and Q4 2022. The firm manages over $4.5 billion in assets for its clients and has a diversified portfolio consisting of different market sectors. In this blog post, we will provide an overview of the changes in FAS Wealth Partners' holdings, compare Q3 and Q4 2022, and analyze the impact on their portfolio.

SCHWAB STRATEGIC TR leads the pack

FAS Wealth Partners has been holding shares of SCHWAB STRATEGIC TR for a long time, and it still dominates the portfolio with a sizable chunk of shares. The latest 13F filing shows that FAS Wealth Partners reduced its position in SCHWAB STRATEGIC TR by 29.5%. In Q3 2022, FAS Wealth Partners held 1,264,156 shares worth $73,966,000, and by Q4 2022, they reduced the shares to 789,878, and the value decreased to $52,147,000.

The next top-performing stock for FAS Wealth Partners is JEPI from JPMORGAN EXCHANGE-TRADED F, where they increased their position by over 18,300% from Q3 to Q4 2022. In the third quarter, FAS Wealth Partners held 3,434 shares that were valued at $176,000, which increased to 630,744 shares worth $34,369,000. This is one of the significant changes that contributed to the gain in the portfolio for FAS Wealth Partners.

The table shows that FAS Wealth Partners had holdings in several other public corporations that had a significant positive impact, such as VIG from VANGUARD SPECIALIZED FUNDS, IVE from ISHARES TR, and DON from WISDOMTREE TR, among others.

On the other hand, some stocks had a negative impact on FAS Wealth Partners' portfolio. For instance, holdings in RSP from INVESCO EXCHANGE TRADED FD T decreased by 44.3%, from 464,742 shares in Q3 to 233,103 shares in Q4 2022.

Conclusion

FAS Wealth Partners experienced significant changes in its portfolio in Q4 2022. The gainers such as JEPI and VIG helped boost the portfolio, while the losers, such as RSP, dragged it down. As the stock market continues to fluctuate, financial services companies such as FAS Wealth Partners continue to analyze and adjust their portfolios to maintain optimal performance for their clients.

In conclusion, investors can use the 13F filings to study the performance of their favorite funds and identify new investment opportunities. It's crucial to have insight into a fund's holdings to understand its investment strategy, risk coverage, and potential returns. The Q3 and Q4 2022 13F filings of FAS Wealth Partners provide useful insights that can help investors make informed decisions.