PFG Advisors Q2 2023 vs. Q3 2023 13F Holdings Comparison

Investment firms are constantly analyzing their holdings to make informed decisions about their portfolios. In the world of finance, one important document that provides valuable insight into these holdings is the 13F form. This form is filed with the Securities and Exchange Commission (SEC) by institutional investment managers, including PFG Advisors, to disclose their holdings of publicly-traded securities.

In this article, we will compare PFG Advisors' 13F holdings in the second quarter of 2023 (Q2 2023) with their holdings in the third quarter of 2023 (Q3 2023). By examining the changes in their holdings, we can gain a better understanding of their investment strategy and identify trends in the market.

Let's dive into the data and explore the changes in PFG Advisors' portfolio.

AAPL (APPLE INC)

- In Q2 2023, PFG Advisors held 228,441 shares of Apple Inc, with a value of $44,310,000.

- In Q3 2023, PFG Advisors reduced their holdings to 181,391 shares, with a value of $31,055,000.

- The percentage change in holdings for Apple Inc was a decrease of 29.9%.

VUG (VANGUARD INDEX FDS)

- In Q2 2023, PFG Advisors held 94,192 shares of Vanguard Index Funds, with a value of $26,652,000.

- In Q3 2023, PFG Advisors slightly reduced their holdings to 93,434 shares, with a value of $25,443,000.

- The percentage change in holdings for Vanguard Index Funds was a decrease of 4.5%.

QQQ (INVESCO QQQ TR)

- In Q2 2023, PFG Advisors held 76,039 shares of Invesco QQQ Trust, with a value of $28,090,000.

- In Q3 2023, PFG Advisors further reduced their holdings to 70,883 shares, with a value of $25,395,000.

- The percentage change in holdings for Invesco QQQ Trust was a decrease of 9.6%.

MSFT (MICROSOFT CORP)

- In Q2 2023, PFG Advisors held 137,461 shares of Microsoft Corporation, with a value of $46,811,000.

- In Q3 2023, PFG Advisors significantly reduced their holdings to 75,106 shares, with a value of $23,714,000.

- The percentage change in holdings for Microsoft Corporation was a decrease of 49.3%.

COWZ (PACER FDS TR)

- In Q2 2023, PFG Advisors held 324,450 shares of Pacer Funds, with a value of $15,531,000.

- In Q3 2023, PFG Advisors increased their holdings to 352,565 shares, with a value of $17,427,000.

- The percentage change in holdings for Pacer Funds was an increase of 12.2%.

It is clear from the data that PFG Advisors made significant changes to their portfolio between Q2 2023 and Q3 2023. They reduced their holdings in well-known companies such as Apple Inc and Microsoft Corporation, while making slight adjustments to their holdings in other funds like Vanguard Index Funds.

These changes reflect PFG Advisors' attempt to optimize their portfolio by reassessing their investments based on market conditions and their overall investment strategy. By analyzing these changes, investors can gain valuable insights and potentially make informed decisions.

As the financial landscape continues to evolve, it is essential for investment firms like PFG Advisors to regularly evaluate their holdings. The data from the 13F filings provides a transparent look into their holdings and allows investors to understand the rationale behind their investment decisions.

Please note that the information provided in this article is based solely on the publicly available 13F filings and does not constitute financial advice. Investors are encouraged to conduct their own research and consult with a financial advisor before making any investment decisions.

In conclusion, understanding the changes in holdings of PFG Advisors can provide valuable insights into their investment strategy. By examining the data from their 13F filings, investors can gain a better understanding of their portfolio and potentially make informed investment decisions. Stay tuned for more updates on the ever-changing world of finance.