Investment Update: D.A. Davidson & Co.'s Q4 2022 vs. Q1 2023 13F Holdings

D.A. Davidson & Co. is a leading wealth management and capital markets company that offers diverse investment solutions to clients. As of Q1 2023, the company's portfolio shows interesting changes compared to Q4 2022. In this article, we highlight the changes in holdings of the funds, including Vanguard Index, iShares TR, and more.

Vanguard Index Funds

Vanguard Index Funds experienced a decline in Q1 2023, with a total of 4,685,024 shares compared to 4,793,822 in Q4 2022. This decline shows a negative change of -3.8%. The Q1 2023 shares of Vanguard Index is valued at $647,046, which is less than the Q4 2022 value of $672,909. On the other hand, Vanguard Growth Index Fund (VUG) increased by 22.3% with 195,0676 shares in Q1 2023 compared to 186,6255 shares in Q4 2022. The fund's value also increased from $397,717 in Q4 2022 to $486,573 in Q1 2023.

iShares TR Investment

iShares TR experienced an overall positive change in holdings. The total shares of iShares TR increased from 11,783,253 in Q4 2022 to 12,338,749 in Q1 2023, representing a 4.7% increase in shares. The value of iShares TR holdings in Q1 2023 is $672,769 compared to $618,457 in Q4 2022, resulting in a 8.7% increase in value. Some of the iShares TR ETFs that experienced significant changes in their holdings are iShares Russell Mid-Cap ETF (IWR), iShares Russell 2000 Growth ETF (IWO), and iShares Russell 1000 Growth ETF (IWF). IWR decreased its holdings by -0.9%, while IWO and IWF increased their holdings values by 8.7% and 15.6% respectively.

Other Funds in Davidson & Co.'s Portfolio

Apple Inc (AAPL) and Microsoft (MSFT) both experienced significant increases in their holdings. AAPL's holdings increased by 21.9%, from 1,591,821 shares to 1,529,156 shares, while MSFT's holdings increased by 21.1%, from 708,291 shares to 713,821 shares. One of the funds that experienced a significant decline in holdings is Vanguard High Dividend Yield ETF (VYM). VYM's total share decreased from 742,443 in Q4 2022 to 613,420 in Q1 2023, representing a decline of -19.4%. The value also decreased from $80,339 in Q4 2022 to $64,715 in Q1 2023, indicating a -19.4% change in value. Other funds that experienced significant changes include SPDR S&P 500 ETF Trust (SPY), CVS Health Corp (CVS), and Pfizer (PFE). SPY declined by -8.6%, CVS declined by -22.9%, while PFE declined by -27.1% in their holdings.

Final Thoughts

In conclusion, D.A. Davidson & Co. experienced substantial changes in the holdings of its portfolio between Q4 2022 and Q1 2023. While some funds experienced positive changes, others saw significant declines. The changes in holdings in the investment industry are not new, and it is essential to keep an eye on your investment options in such a dynamic industry. As always, it is advisable to consult with a financial expert before making any investment decisions.