Investment Portfolio Changes: Prime Capital Advisors Holdings Q4 2022 vs. Q1 2023

As we wrap up the year 2022 and gear up for a new one, it's always interesting to take a look at the performance of various investment portfolios. In this article, we'll dive into the holdings of Prime Capital Investment Advisors, LLC. Specifically, we'll compare their holdings in Q4 2022 vs. Q1 2023. By doing so, we'll get an understanding of how the company has been strategically managing their portfolio by taking calculated risks and shifting their investments.

Let's start by looking at the most significant changes the company made in its portfolio.

1. Apple Inc. (AAPL)

Apple continues to impress investors with its consistent performance. Prime Capital Advisors added 29,522 shares of Apple to its portfolio, resulting in an increase of nearly 21% in value from Q4 2022 to Q1 2023. The company seems to have bet on Apple's new product launches, including the new MacBook Pro and AirPods.

2. Invitae Corporation (NVTA)

One of the most impressive additions to Prime Capital Advisors' portfolio was Invitae Corporation. The company added 163,888 shares, an increase of over 900%, resulting in a gain of 65% in value from Q4 2022 to Q1 2023. Invitae has been gaining ground in the healthcare industry by providing comprehensive genetic testing services, which seems to have caught the attention of Prime Capital Advisors.

3. Alphabet Inc. (GOOG)

This technology giant has had a mixed year, but Prime Capital Advisors seems to have faith in Google's future. The company added 24,255 shares of Alphabet in Q1 2023, resulting in a gain of 16.3% in value.

4. Micron Technology Inc. (MU)

The semiconductor industry has seen a lot of disruptions in the last year, but this hasn't deterred Prime Capital Advisors from adding 425,252 shares of Micron Technology in Q1 2023. This move resulted in an increase of 68% in value.

5. Amazon.com Inc. (AMZN)

Amazon has always been a favorite of investors, and Prime Capital Advisors is no exception. The company added 92,773 shares of Amazon to its portfolio in Q1 2023, resulting in a gain of 7% in the value of its holdings.

While these were the top gainers in Prime Capital Advisors' portfolio, the company also had some significant losses. Here are a few companies that saw a decrease in their respective values during the comparison period:

1. The Procter & Gamble Company (PG)

Prime Capital Advisors reduced its holdings in Procter & Gamble by 45%, resulting in a loss of nearly 33% in value.

2. Johnson & Johnson (JNJ)

Johnson & Johnsons' stocks didn't perform as well as expected, resulting in a decrease of nearly 35% in value from Q4 2022 to Q1 2023. As a result, Prime Capital Advisors reduced its holdings by 26%.

3. Bristol Myers Squibb (BMY)

Another significant decrease in value came from Bristol Myers Squibb, which saw a loss of nearly 30% in value from Q4 2022 to Q1 2023. Prime Capital Advisors reduced its holdings by 23% in response.

Final thoughts

Overall, Prime Capital Advisors seems to have made calculated moves with its portfolio, focusing on technology, healthcare, and consumer goods. While some investments didn't pay off as expected, the company seems to have a good long-term strategy in place. It will be interesting to see how the investment market changes in 2023 and how Prime Capital Advisors adapts to these shifts.