Keel Point, LLC Q1 2023 vs. Q2 2023 13F Holdings Comparison

Introduction

In the world of finance, it's crucial to have a clear understanding of a company's holdings and how they change over time. One way to do this is by examining the 13F filings, which provide a snapshot of a company's investment portfolio during a specific period. In this article, we will analyze the Q1 2023 and Q2 2023 13F holdings comparison of Keel Point, LLC. We will delve into the changes in holdings, the companies involved, and the potential impact on the market.

Understanding 13F Filings

Before we delve into the comparison, let's briefly touch upon what 13F filings are and how they work. A 13F filing is a quarterly report that institutional investment managers, such as Keel Point, LLC, with investment discretion over $100 million, must submit to the U.S. Securities and Exchange Commission (SEC). These filings provide valuable information about a company's investment positions and offer insights into their strategies and market outlook.

Q1 2023 vs. Q2 2023: Changes in Holdings

Now, let's dive into the Q1 2023 and Q2 2023 13F holdings comparison for Keel Point, LLC. We will focus on the top holdings and examine any significant changes that occurred over the analyzed period.

1. VANGUARD INDEX FDS (VOO)

- Q1 2023: 199,270 shares

- Q2 2023: 213,297 shares

- Q1 2023 Value: $74,939,000

- Q2 2023 Value: $86,871,000

- Change: +15.9%

The number of shares of VANGUARD INDEX FDS (VOO) held by Keel Point, LLC increased by 13,027 shares, representing a 15.9% growth. The value of the holdings also witnessed a substantial increase from $74,939,000 to $86,871,000.

2. SPDR S&P 500 ETF TR (SPY)

- Q1 2023: 138,045 shares

- Q2 2023: 150,460 shares

- Q1 2023 Value: $56,514,000

- Q2 2023 Value: $66,696,000

- Change: +18%

Keel Point, LLC also increased its holdings in SPDR S&P 500 ETF TR (SPY) by 12,415 shares, reflecting an 18% increase. The value of these holdings rose from $56,514,000 to $66,696,000.

3. ISHARES TR (IWB)

- Q1 2023: 131,609 shares

- Q2 2023: 129,155 shares

- Q1 2023 Value: $29,642,000

- Q2 2023 Value: $31,480,000

- Change: +6.2%

Contrary to the previous two holdings, Keel Point, LLC reduced its shares of ISHARES TR (IWB) by 2,454 shares, amounting to a 6.2% decrease. The value of the holdings, however, experienced a slight increase from $29,642,000 to $31,480,000.

4. ISHARES TR (EFA)

- Q1 2023: 365,312 shares

- Q2 2023: 413,329 shares

- Q1 2023 Value: $26,127,000

- Q2 2023 Value: $29,966,000

- Change: +14.7%

Keel Point, LLC significantly increased its holdings in ISHARES TR (EFA) by 48,017 shares, representing a 14.7% growth. The value of the holdings also witnessed an impressive increase from $26,127,000 to $29,966,000.

5. SPDR SER TR (SPLG)

- Q1 2023: 550,730 shares

- Q2 2023: 550,730 shares

- Q1 2023 Value: $26,517,000

- Q2 2023 Value: $28,698,000

- Change: +8.2%

There were no changes in the number of shares held by Keel Point, LLC in SPDR SER TR (SPLG). However, the value of the holdings increased from $26,517,000 to $28,698,000, indicating an overall growth of 8.2%.

Analyzing the Changes

From the above analysis, it is evident that Keel Point, LLC experienced both increases and decreases in its holdings during the Q1 2023 and Q2 2023 period. The most noteworthy change was the increased holding in VANGUARD INDEX FDS (VOO), with a 15.9% growth. This suggests that Keel Point, LLC had a positive outlook on this particular investment.

On the other hand, the reduction in holdings of ISHARES TR (IWB) by 6.2% indicates a potential shift in investment strategies or portfolio diversification. This change might have been driven by various factors, such as market trends or company-specific considerations.

Conclusion

In this article, we explored the Q1 2023 and Q2 2023 13F holdings comparison of Keel Point, LLC. The analysis revealed significant changes in holdings, with some holdings experiencing growth and others witnessing reductions. It's important to note that these changes might reflect the company's investment strategies, market dynamics, or other factors affecting the investment landscape.

Understanding such changes in holdings is crucial for investors, financial analysts, and market participants to gain insights into companies' investment strategies and make informed decisions. It also demonstrates the ever-evolving nature of the financial markets and the need for continuous analysis and adaptation.

Disclaimer: The information presented in this article is for informational purposes only and should not be considered as financial or investment advice. Always conduct thorough research and consult with a professional financial advisor before making any investment decisions.