Monument Capital Management Q1 2023 vs. Q2 2023 13F Holdings Comparison

Monument Capital Management, a prominent investment management firm, recently released its Q1 2023 and Q2 2023 13F holdings comparison. The report outlines the changes in holdings for various funds in Monument Capital Management's portfolio. Let's delve into the details and understand the significant changes in these holdings.

One notable change in the Q1 2023 vs. Q2 2023 13F holdings comparison is in SPDR S&P 500 ETF Trust (SPY). The number of shares held by Monument Capital Management increased from 25,618 to 41,291, representing a 74.5% change. The value of these holdings also increased from $10,487,000 to $18,303,000.

Another significant change is reflected in iShares Trust - Growth ETF (IUSG). Monument Capital Management's holdings in this fund saw a substantial increase, with the number of shares held rising from 57,505 to 187,352, an impressive 258.4% change. The value of these holdings also significantly increased from $5,104,000 to $18,293,000.

On the other hand, iShares Trust - Core MSCI EAFE ETF (IEFA) experienced a decline in holdings. Monument Capital Management's shares in this fund decreased from 308,967 to 197,550, reflecting a -35.4% change. The value of these holdings also decreased from $20,654,000 to $13,334,000.

It is interesting to note that Microsoft Corporation (MSFT) remained relatively stable in terms of holdings. Monument Capital Management's shares in the company increased slightly from 29,249 to 30,107, indicating a 21.6% change. The value of these holdings also experienced a modest increase from $8,432,000 to $10,252,000.

Furthermore, several other companies witnessed changes in their holdings. Builders FirstSource Inc (BLDR) experienced notable growth in Monument Capital Management's holdings, with the number of shares held increasing from 29,758 to 28,506, reflecting a 46.7% change. The value of these holdings also increased substantially from $2,641,000 to $3,876,000.

In contrast, Archer Daniels Midland Company (ADM) saw a slight decline in holdings. Monument Capital Management's shares in the company decreased from 28,299 to 28,303, indicating a -5.1% change. The value of these holdings slightly decreased from $2,254,000 to $2,138,000.

These are just a few examples of the many changes in holdings that occurred in Monument Capital Management's portfolio during the first and second quarters of 2023. The report signifies the dynamic nature of the investment landscape and the constant decision-making required to ensure optimal performance.

Disclaimer: The information presented in this article is for informational purposes only and should not be considered as investment advice. Monument Capital Management's holdings are subject to change based on market conditions and investment strategies.