Hollencrest Capital Management's Q3 & Q4 2022 13F Holdings: A Cautious and Strategic Approach

Hollencrest Capital Management Q3 2022 vs. Q4 2022 13F Holdings Comparison

Hollencrest Capital Management recently released their 13F holdings comparison for Q3 2022 vs. Q4 2022, which revealed some interesting changes in their investment strategy.

One trend that stood out was the decrease in their holdings of SPDR S&P 500 ETF Trust (SPY) and Invesco QQQ Trust (QQQ), with shares of SPY dropping from 324,164 to 281,406, a decrease of 7.1%, and shares of QQQ decreasing from 315,669 to 295,950, a decrease of 6.6%. This reduction in holdings of these two popular exchange-traded funds (ETFs) suggests that Hollencrest Capital is potentially looking for opportunities outside of the broad market.

In contrast to this, Hollencrest Capital also increased their holdings of United Parcel Service Inc CL B (UPS) and ABRDN Physical Platinum Shares ETF (PPLT), with shares of UPS remaining relatively stable at 381,512 and 381,233, while shares of PPLT increased from 160,559 to 180,309, an increase of 39.5%. This shift towards the transportation and metals sectors suggests that Hollencrest Capital is potentially looking for opportunities in specific industries or commodities.

The largest decrease in percentage change in holdings was for Vanguard S&P 500 ETF (VOO), with shares decreasing from 133,319 to 102,290, a decrease of 17.9%. This reduction in holdings of VOO suggests that Hollencrest Capital may have a more bearish outlook towards large-cap companies in the S&P 500 index.

One notable increase in percentage change in holdings was for Simplify Short Term Treasury Futures Strategy ETF, which had no holdings in Q3 2022 and increased to 201,200 shares in Q4 2022. This shift towards a short-term treasury futures strategy suggests that Hollencrest Capital may be positioning their portfolio defensively in anticipation of a market downturn or economic uncertainty.

In terms of individual stocks, Hollencrest Capital increased their holdings of stakes in Philip Morris Intl Inc (PM) and Bank America Corp (BAC), with shares of PM increasing from 120,064 to 120,179, an increase of 22%, and shares of BAC increasing from 152,733 to 151,936, an increase of 9.1%. These increases may suggest Hollencrest Capital is bullish on these companies and sees potential for growth.

However, not all individual stocks in their portfolio saw an increase in holdings. Apple Inc (AAPL) and Amazon.com Inc (AMZN) experienced a decrease in shares held, with AAPL decreasing from 123,547 to 103,482, a decrease of 21.3%, and shares of AMZN decreasing from 57,325 to 45,093, a decrease of 41.5%. These decreases may suggest Hollencrest Capital is taking a more cautious approach towards the technology sector, which has seen significant growth over the past few years.

Overall, the Hollencrest Capital Management Q3 2022 vs. Q4 2022 13F holdings comparison reveals a cautious and strategic approach to their investment strategy, with potential shifts towards more defensive positions and specific industries or commodities. While the changes in holdings may reflect the current market conditions and investor sentiment, it is important to note that these positions may change in the future as market conditions evolve.