Gradient Investments LLC Q1 2023 vs. Q2 2023: An Analysis of Fund Holdings

Introduction:

In this article, we will delve into the changes in holdings of Gradient Investments LLC between Q1 2023 and Q2 2023. We will explore the significant shifts in shares and values of various issuers, providing valuable insights into the fund's investment strategies and market trends.

INNOVATOR ETFS TR - A Decrease in Shares:

The Q2 2023 holdings of INNOVATOR ETFS TR witnessed a significant decrease of approximately 18.3% in shares, compared to the Q1 2023. This reduction indicates a reassessment of the fund's position in INNOVATOR ETFS TR during the given period. However, without access to the specific reasons behind this decision, we can only speculate on the underlying motive.

SPDR SER TR - A Slight Decrease in Shares:

The fund's holdings in SPDR SER TR experienced a marginal decline of 6.8% in Q2 2023 compared to Q1 2023. While not as substantial as the previous example, it is still noteworthy. The slight decrease may suggest a reevaluation or a tactical adjustment within the fund's portfolio.

SPDR SER TR - Continued Decline in Shares:

Another issuer, SPDR SER TR, saw a decrease in shares of approximately 7.4%. This decline suggests a persistent trend within the fund's strategy involving SPDR SER TR. Investors and analysts may scrutinize this development to gain insights into the fund's outlook on the respective sector or issuer.

ISHARES TR - A Significant Drop in Shares:

The fund's holdings in ISHARES TR witnessed a substantial decrease of around 20.2% in the number of shares held from Q1 2023 to Q2 2023. This considerable drop reveals a substantial shift in the fund's positioning within ISHARES TR. Market factors and reevaluation of the issuer's potential growth may have influenced this decision.

SPDR INDEX SHS FDS - An Increase in Shares:

In Q2 2023, Gradient Investments LLC increased its holdings in SPDR INDEX SHS FDS by 19.6% compared to Q1 2023. This augmentation demonstrates the fund's growing confidence and interest in the issuer. The decision to increase holdings signifies the fund's belief in the positive performance and growth prospects of SPDR INDEX SHS FDS.

DOUBLELINE ETF TRUST - A New Entry:

One interesting development to note is the acquisition of shares in DOUBLELINE ETF TRUST. While the Q1 2023 holdings were zero, the Q2 2023 holdings registered a substantial increase of approximately 1821423 shares. This noteworthy entry suggests a shift in the fund's investment strategy or an opportunity that Gradient Investments LLC identified.

Conclusion:

The comparison between Gradient Investments LLC's Q1 2023 and Q2 2023 13F holdings illuminates several intriguing observations. Notably, the decrease in shares of INNOVATOR ETFS TR, SPDR SER TR, and ISHARES TR suggests a reassessment of positions and potential market opportunities. Conversely, the increase in holdings of SPDR INDEX SHS FDS signifies a positive outlook on the issuer's future performance. Additionally, the acquisition of shares in DOUBLELINE ETF TRUST raises questions about the fund's strategy and their assessment of emerging opportunities.

Disclaimer: The information provided here is based on public records and should not be considered financial advice. The article relies solely on data in the public domain, and we recommend consulting with a financial professional before making any investment decisions.