Gradient Investments LLC Q3 2023 vs. Q4 2023 13F Holdings Comparison

In the world of finance, keeping track of investment holdings is crucial for investors and fund managers. Quarterly reports, such as the 13F filings, provide valuable insights into the changing landscape of investment portfolios. In this article, we will delve into the Q3 2023 vs. Q4 2023 13F holdings comparison of Gradient Investments LLC, a renowned investment firm.

During the third quarter of 2023, Gradient Investments LLC held a diverse range of securities in its portfolio. One of the notable holdings was in SPDR SER TR (SPLG), where the fund increased its shares from 3,668,178 to 3,756,129, representing a 13.9% change. The value of these shares also rose from $184,362,000 to $209,967,000 during the same period.

However, not all holdings saw an increase in shares. For instance, the investment firm reduced its holdings in INNOVATOR ETFS TR (IGTR) by 9.4%. The shares held decreased from 8,511,101 to 6,993,591, with a corresponding change in value from $186,393,000 to $168,914,000.

On the other hand, Gradient Investments LLC increased its stake in ISHARES TR (IGIB). The shares held rose from 2,013,593 to 2,236,835, resulting in an 18.7% increase in value from $97,961,000 to $116,315,000. This positive change indicates the fund's growing confidence in the performance of these securities.

Another interesting observation is the decrease in holdings of SPDR INDEX SHS FDS (SPDW). Gradient Investments LLC saw a reduction from 4,047,975 shares to 3,166,600 shares, representing a 14.2% decrease. Similarly, the value of these shares decreased from $125,527,000 to $107,696,000. This shift in holdings suggests a strategic change in the fund's investment strategy.

Moving on to specific companies, Gradient Investments LLC increased its stake in APPLE INC (AAPL). The shares held rose from 405,212 to 414,968, reflecting a 15.2% increase. The value of these shares also grew from $69,376,000 to $79,893,000 during the period under review.

Furthermore, the fund displayed confidence in GOLDMAN SACHS ETF TR (GBUY), as it increased its shares from 1,783,767 to 2,296,998, indicating a 43% change. The value of these shares also rose from $45,136,000 to $64,545,000. This significant increase in holdings suggests the fund's positive outlook on the performance of these securities.

It is worth noting that Gradient Investments LLC decreased its stake in PIMCO ETF TR (PRFD). The shares held reduced from 1,611,779 to 675,594, representing a significant 55.6% decrease. The value of these shares also decreased from $73,650,000 to $32,671,000. This shift in holdings could indicate a revised investment strategy by the fund.

In summary, the Q3 2023 vs. Q4 2023 13F holdings comparison of Gradient Investments LLC showcases a mixture of increases and decreases in various holdings. While some securities saw an increase in shares and value, others experienced a decrease. These changes shed light on the fund's investment decisions and its outlook on various sectors and companies.

Disclaimer: The information provided in this article is for informational purposes only and does not constitute investment advice. It is essential to conduct thorough research and analysis before making any investment decisions.