Noteworthy Changes in Concorde Asset Management Fund's Q3 and Q4 2022 13F Holdings

Concorde Asset Management, LLC is a registered investment advisor, offering a range of investment solutions to clients. One of the offerings is the Concorde Asset Management fund, which invests in a portfolio of publicly traded securities. As of Q3 2022 and Q4 2022, the fund's 13F holdings show some noteworthy changes.

First of all, it is important to understand what the 13F form represents. A 13F form is filed by investment managers with more than $100 million in assets under management. The form discloses their holdings of public equity securities at the end of each quarter. This information is made available to the public, giving investors an insight into the investment strategies of the managers.

Now, let's delve into the changes in holdings of the Concorde Asset Management fund for Q3 2022 and Q4 2022. The data is presented in a CSV format, and the table indicates changes in holdings for each security by displaying the issuer name, option type, number of shares held in Q3, number of shares held in Q4, the value of shares held in Q3, the value of shares held in Q4, and the percentage change in holdings.

The top holding of the fund, ISHARES TR (IVV), witnessed a decrease of 2.8% in holdings, with the fund holding 22,238 shares in Q3 2022 and 20,183 shares in Q4 2022. Similarly, the First Tr Value Line Divid In (FVD) saw a massive surge of 131.4% in holdings, with shares held increasing from 35,566 in Q3 2022 to 73,814 in Q4 2022.

Altria Group Inc (MO) also witnessed a significant increase in holdings, with shares held rising from 35,246 in Q3 2022 to 63,488 in Q4 2022 - marking an increase of 103.9%.

One of the most dramatic changes in holdings was seen in the First Tr Exchange-Traded Fund (RDVY), where holdings increased from 6,321 in Q3 2022 to 65,503 in Q4 2022, indicating an increase of 1,069.5%.

Another notable change was seen in the First Trust Lrgcp Gwt Alphad (FTC), where shares held increased from 2,389 in Q3 2022 to 29,950 in Q4 2022, indicating an increase of 1,242.2%. Similarly, British Amern Tob Plc (BTI) witnessed an increase of 141.1% in holdings, with shares held increasing from 31,652 in Q3 2022 to 67,772 in Q4 2022.

In contrast, some holdings saw a decrease in shares held. For instance, Home Depot Inc (HD) witnessed a reduction in shares held from 1,965 in Q3 2022 to 1,382 in Q4 2022, indicating a decrease of 19.5%. First Tr Morningstar Divid L (FDL) also witnessed a decline in holdings, with shares held reducing from 102,954 in Q3 2022 to 63,532 in Q4 2022, indicating a decrease of 29.8%.

Moreover, some holdings saw no change in shares held, such as Fortis Inc (FTS.TO), where the fund had 29,000 shares held in Q3 2022 and Q4 2022.

Overall, the holdings of the Concorde Asset Management fund changed significantly between Q3 2022 and Q4 2022. These changes suggest that the fund manager adjusted its investment strategies and increased or decreased its exposure to certain holdings. It is important to note that these changes do not necessarily indicate future performance or provide any investment recommendations, but they do provide an insight into the investment strategies of Concorde Asset Management.