Parisi Gray Wealth Management Q2 2023 vs. Q3 2023 13F Holdings Comparison

Introduction:

The Parisi Gray Wealth Management firm has released its latest 13F holdings comparison report for the second and third quarters of 2023. This report provides valuable insights into the changes in holdings of various funds during this period. In this article, we will take a closer look at the key findings from the report and analyze the implications for investors.

Fund Holdings Comparison:

1. VANGUARD INDEX FDS - VOO:

- In Q2 2023, VOO held 79,769 shares, with a value of $29,998,000.

- In Q3 2023, the number of shares dropped to 78,255, with a value of $30,730,000.

- This represents a decrease of 2.4% in holdings.

2. INVESCO QQQ TR - QQQ:

- QQQ witnessed an increase in holdings during this period.

- The fund held 44,668 shares, valued at $14,335,000 in Q2 2023.

- By Q3 2023, the number of shares had increased to 47,332, with a value of $16,957,000.

- This indicates a significant increase of 18.3% in holdings.

3. WISDOMTREE TR - USFR:

- The holdings of USFR experienced a tremendous surge in Q3 2023.

- In Q2 2023, the fund held 23,565 shares, with a value of $1,184,000.

- However, by Q3 2023, the number of shares skyrocketed to 334,868, with a value of $16,850,000.

- This represents an astonishing increase of 1,322.5% in holdings.

4. VANGUARD INDEX FDS - VTI:

- VTI saw a slight decrease in holdings during this period.

- The fund held 65,507 shares, valued at $13,369,000 in Q2 2023.

- By Q3 2023, the number of shares had dropped to 64,683, with a value of $13,739,000.

- This indicates a minor decrease of 2.8% in holdings.

5. ISHARES TR - IVV:

- IVV experienced a marginal decrease in holdings.

- In Q2 2023, the fund held 26,826 shares, with a value of $11,027,000.

- By Q3 2023, the number of shares decreased to 26,191, with a value of $11,247,000.

- This represents a slight decrease of 2% in holdings.

Implications for Investors:

These changes in fund holdings have important implications for investors. The decrease in holdings for VOO and VTI suggests that the fund managers may have reduced their positions in these securities. On the other hand, the increase in holdings for QQQ indicates growing confidence in this particular fund. Investors may consider reallocating their investments based on these trends.

The significant surge in holdings for USFR is noteworthy. This could be due to various factors such as market conditions, fund performance, or strategic decisions made by the fund managers. Investors should carefully evaluate the implications of such a substantial increase and assess if it aligns with their investment goals and risk tolerance.

Conclusion:

The Parisi Gray Wealth Management Q2 2023 vs. Q3 2023 13F Holdings Comparison provides valuable insight into the changes in holdings of different funds during this period. The report highlights both increases and decreases in holdings, signaling changes in investment strategies. Investors should review these findings and use them as a guide in making informed investment decisions. It is important to consider these changes in the context of the overall market conditions and individual investment goals.