Investing in Q4 2022 vs Q1 2023: How Affiance Financial's Holdings Changed

When it comes to investing, keeping track of the changes in holdings of a particular fund is essential. In this article, we will analyze Affiance Financial, LLC's Q4 2022 vs. Q1 2023 13F Holdings Comparison. We will discuss the significant changes that took place in its holdings and explore what led to these changes.

First, let's define what a 13F filing is. It is a quarterly report that institutional investment managers with over $100 million in assets under management are required to file with the Securities and Exchange Commission (SEC). The report contains a list of the institution's equity holdings, including stocks, options, and convertible bonds.

According to Affiance Financial's Q4 2022 vs. Q1 2023 13F Holdings Comparison, the fund's total value of holdings increased from $199,530,000 to $246,698,000. That's an increase of 23.6%.

Some noteworthy changes in holdings during this period include:

- The fund increased its shares in ISHARES TR (IJR) from 164,597 to 200,223, with a change percentage of 24.3%. The value of holdings also saw an increase from $15,577,000 to $19,361,000.

- The fund also increased its shares in VANGUARD INDEX FDS (VTV) from 96,198 to 123,222, with a change percentage of 26%. The value of holdings increased from $13,503,000 to $17,018,000.

- Additionally, the fund reduced its shares in INVESCO EXCHANGE TRADED FD T (RHS) from 94,227 to 65,321, with a change percentage of -30.7%. The value of holdings saw a decline from $16,066,000 to $11,132,000.

The increase in holdings of ISHARES TR (IJR) and VANGUARD INDEX FDS (VTV) could be due to their strong performance during this period. ISHARES TR (IJR) tracks the S&P Small-Cap 600 Index, and VANGUARD INDEX FDS (VTV) tracks the performance of the CRSP US Large Cap Value Index. Both indexes have shown good potential in generating long-term returns.

On the other hand, the reduction in INVESCO EXCHANGE TRADED FD T (RHS) holdings could be due to its poor performance during this period. The fund tracks the S&P 500 Equal Weight Consumer Staples Index, and it has been underperforming compared to its peers.

Other notable changes in holdings by Affiance Financial during this period include:

- The fund increased its shares in J P MORGAN EXCHANGE TRADED F (JPST) from 33,495 to 98,556, with a change percentage of 195.4%.

- The fund reduced its shares in ISHARES TR (IWD) from 153,912 to 19,093, with a change percentage of -87.5%.

- The fund increased its shares in META PLATFORMS INC (META) from 6,472 to 6,438, with a change percentage of 75.2%.

In conclusion, Affiance Financial, LLC's Q4 2022 vs. Q1 2023 13F Holdings Comparison indicates that the fund made some significant changes in its holdings during this period. The fund increased its value of holdings by 23.6% and made some notable changes in its portfolio. The increase in holdings of ISHARES TR (IJR) and VANGUARD INDEX FDS (VTV) could be due to their strong performance, while the reduction in INVESCO EXCHANGE TRADED FD T (RHS) holdings could be due to its poor performance. It will be interesting to see how Affiance Financial's holdings will continue to evolve in the coming quarters.