Mgo One Seven LLC Q3 2022 vs. Q4 2022: A Look at the Changing 13F Holdings of Popular Stocks

Investing in stocks is not an easy feat, as it requires a lot of due diligence, market knowledge, and research. Every quarter, investment managers managing more than $100 million in assets are required to file a form 13F with the Securities and Exchange Commission (SEC). The form contains a list of all the equity holdings of the investment manager, with the number of shares held, and their values.

Mgo One Seven LLC is a well-known investment management firm that issues the 13F form regularly. Their Q3 2022 and Q4 2022 13F filings have shown some significant changes in their holdings of popular stocks. This article discusses the key takeaways from these filings.

Apple Inc.

Mgo One Seven LLC reduced their holdings of Apple Inc. by 12.5% from Q3 2022 to Q4 2022. The number of shares they held reduced from 830,365 to 292,182.

Microsoft Corp.

Mgo One Seven LLC also reduced their holdings of Microsoft Corp. From Q3 2022 to Q4 2022. The number of shares held went from 96,201 to 89,017, thereby decreasing the value of their holdings by 32.4%.

iShares TR

Mgo One Seven LLC's holdings of iShares TR decreased significantly from Q3 2022 to Q4 2022. The number of shares they held in iShares TR decreased by 80.1%, 56.2%, and 90.9% for IWY, DGRO, and IYK, respectively. Their holdings in IQLT also reduced by 44.5%.

Procter and Gamble Co.

The number of shares of Procter and Gamble Co. held by Mgo One Seven LLC decreased slightly from Q3 2022 to Q4 2022, with a reduction of 29.7%.

Schwab Strategic TR and SPDR S&P 500 ETF TR

Mgo One Seven LLC's holdings of Schwab Strategic TR and SPDR S&P 500 ETF TR reduced from Q3 2022 to Q4 2022, resulting in a drop of 29.7% and an increase of 1.7%, respectively.

Vanguard Index FDS

Mgo One Seven LLC's holdings of Vanguard Index FDS reduced from Q3 2022 to Q4 2022, and the percentage change differed from one stock to another. While VTV and VOE reduced by 1.3% and 90.7%, respectively, VGT increased by 52.5%.

Other Stocks

Aside from the stocks mentioned above, Mgo One Seven LLC also made changes to their holdings in other popular stocks. For instance, they increased their holdings in NVIDIA Corporation, McKesson Corp., and Broadstone Net Lease Inc., and reduced their holdings in ABBVIE Inc., Philip Morris Intl Inc., and DISNEY WALT CO.

Conclusion

Changes in 13F holdings of companies can be a guide to the investment decisions of investment management firms. Mgo One Seven LLC's Q3 2022 and Q4 2022 13F filings showed significant reductions in their holdings in some popular stocks, while they increased their holdings in others. It is essential to note that 13F filings are not a guarantee that an investment management firm will hold a stock for an extended period. Nonetheless, the filings offer investors an insight into the investing strategy of the investment manager, which can help frame their own approach.