IFG Advisory, LLC Q1 2023 vs. Q2 2023 13F Holdings Comparison

Investing in the stock market requires careful analysis and tracking of market trends. For institutional investors and hedge fund managers, such as IFG Advisory, LLC, this process is a crucial aspect of their investment strategy. One of the tools these investors use to keep track of their investments is the quarterly 13F filings.

The 13F filings are required by the Securities and Exchange Commission (SEC) for institutional investment managers with assets under management of $100 million or more. These filings provide a snapshot of the manager's holdings at the end of each quarter, giving valuable insights into their investment strategy.

In this article, we will compare the holdings of IFG Advisory, LLC in Q1 2023 and Q2 2023, as disclosed in their 13F filings. We will analyze the changes in the number of shares held and the corresponding changes in the value of those holdings.

One of the significant changes in IFG Advisory's holdings is their position in SPDR S&P (SPY). In Q1 2023, they held 78,536 shares of SPY, valued at $32,151,000. However, in Q2 2023, they significantly increased their holdings to 139,112 shares, with a total value of $61,665,000. This represents a significant change of 91.8% in the number of shares held and a substantial increase in the value of their investment in SPY.

Another notable change is their holdings in Vanguard Total (VTI). In Q1 2023, IFG Advisory held 94,936 shares of VTI, valued at $19,376,000. However, in Q2 2023, their holdings increased to 153,174 shares, with a total value of $33,741,000. This represents a change of 74.1% in the number of shares held and a significant increase in the value of their investment in VTI.

On the other hand, IFG Advisory reduced its holdings in First Trust (FTCS) from 426,103 shares in Q1 2023 to 409,625 shares in Q2 2023. This represents a minor decrease of 1% in the number of shares held. Similarly, their holdings in First Trust (FVD) decreased from 672,549 shares to 664,217 shares, a slight change of 1.4%.

Some companies saw a modest increase in IFG Advisory's holdings. For instance, their holdings in ProShares Trust (NOBL) increased from 321,534 shares to 319,893 shares, a change of 2.8%. Similarly, their holdings in Invesco QQQ (QQQ) increased from 72,288 shares to 69,781 shares, a change of 11.1%.

However, not all changes were positive. IFG Advisory reduced its holdings in Ishares 0-5 (STIP) from 132,355 shares to 104,477 shares, representing a significant decrease of 22.4%. Additionally, their holdings in Invesco Treasury (CLTL) decreased from 74,341 shares to 76,978 shares, a change of 4.9%.

It is essential to remember that these holdings are subject to market fluctuations and the investment strategy of IFG Advisory. The changes in their holdings reflect their assessment of individual companies and their overall market outlook.

In conclusion, the comparison of IFG Advisory, LLC's 13F filings from Q1 2023 and Q2 2023 provides valuable insights into their investment strategy and the changes they made to their holdings during this period. Investors and market enthusiasts can analyze these changes to gain a better understanding of IFG Advisory's investment decisions and market trends.