PFG Advisors' Q4 2022 vs. Q1 2023 13F Holdings Comparison Reveals Shift Toward Defensive Stocks and Growth Opportunities

Investment firms are always on the move, reacting to market trends and shifting their holdings accordingly. One such firm, PFG Advisors, recently released their Q4 2022 vs. Q1 2023 13F holdings comparison, which provides insight into the changes that the firm has made in its portfolio.

The data is presented in a CSV file, which shows the stock symbols, company names, option types, the number of shares held in Q4 2022 and Q1 2023, the value of the shares in thousands of dollars, and the percentage change in holdings between Q4 2022 and Q1 2023. The data provides details on 50 different holdings across a range of industries.

Overall, the data shows that PFG Advisors made significant changes to its portfolio between Q4 2022 and Q1 2023. Of the 50 holdings listed in the CSV file, 33 saw an increase in the number of shares held, while 16 saw a decrease in shares held. One holding, IGSB, saw the number of shares held drop to zero in Q1 2023.

The biggest winners in terms of percentage increase in holdings were SPDR Gold Trust (GLD), which saw a 169.9% increase, and iShares US Treasury Bond ETF (SHY), which saw a 337.7% increase. Both of these holdings are defensive in nature, which suggests that PFG Advisors may be positioning its portfolio to weather potential market turbulence.

Other holdings that saw significant percentage increases in holdings include NVIDIA Corporation (NVDA) at 91.1%, Select Sector SPDR Fund - Energy (XLE) at 181.5%, and iShares 1-3 Year Treasury Bond ETF (SGOV) at 186.8%.

On the other hand, there were several holdings that experienced a decrease in the number of shares held. These include Vanguard Intermediate-Term Bond ETF (BIV) at -15.9%, First Trust NASDAQ Technology Dividend Index Fund (TDIV) at -7.2%, and Vanguard High Dividend Yield ETF (VYM) at -7.8%. These holdings all have a more defensive posture, which suggests that PFG Advisors may be moving away from defensive stocks in favor of more aggressive growth opportunities.

There were also several holdings that saw little change in the number of shares held, including Vanguard Total Stock Market ETF (VTI) at -0.2%, Vanguard S&P 500 ETF (VOO) at -5%, and Procter & Gamble Co (PG) at 6.8%. These holdings are more defensive in nature, and their lack of movement suggests that PFG Advisors may be comfortable with their current positions.

One interesting holding that saw a significant increase in shares held was PACER ETFs (COWZ), which saw a 15% increase in shares held. PACER ETFs is a relatively new firm, having been founded in 2015, and is known for its innovative ETF offerings. PFG Advisors' choice to increase its stake in this firm may suggest a bullish outlook on the firm's future prospects.

In conclusion, the PFG Advisors Q4 2022 vs. Q1 2023 13F holdings comparison provides insight into the changes that the firm has made to its portfolio. The data suggests that PFG Advisors may be positioning its portfolio to weather potential market turbulence by adding defensive holdings. However, the firm also appears to be bullish on certain growth opportunities, as evidenced by its increased stake in PACER ETFs. Investors should keep an eye on PFG Advisors' future moves to see how the firm continues to maneuver its holdings in response to market trends.