Raymond James Financial Services Advisors, Inc.: Q1 2023 vs. Q2 2023 Holdings Comparison

Apple Inc, Microsoft Corp, and Vanguard Index FDS are Among the Key Players Showcasing Significant Changes in Holdings

In the dynamic world of finance, it's essential for investors to stay abreast of the latest changes in holdings. These updates provide deeper insights into the market trends and the strategies adopted by key players. In this article, we'll delve into a comprehensive comparison of Raymond James Financial Services Advisors, Inc.'s Q1 and Q2 2023 13F Holdings. This analysis will shed light on the shifts in holdings, values, and percentages for various issuers.

Let's start with one of the tech giants, Apple Inc. In Q1 2023, Raymond James Financial Services Advisors, Inc. held 9,315,964 shares of Apple, but this number dipped slightly to 9,277,147 shares in Q2 2023. Despite this decrease, the value of their holdings rose from $1,536,202,000 to $1,799,488,000, reflecting a significant 17.1% increase in value.

Next, we have Microsoft Corp, another prominent player in the technology industry. Raymond James Financial Services Advisors, Inc. held 4,232,993 shares of Microsoft in Q1 2023, with a slight decrease to 4,171,751 shares in Q2 2023. The value of these holdings also rose from $1,220,371,000 to $1,420,648,000, marking a noteworthy 16.4% increase.

Vanguard Index FDS, an investment management company, is also worth mentioning. In the first quarter of 2023, Raymond James Financial Services Advisors, Inc. held 3,149,539 shares of Vanguard Index FDS, which increased to 3,277,772 shares in the second quarter. This shift in holdings translated to a rise in value from $1,184,447,000 to $1,334,971,000, reflecting a 12.7% increase.

Moving on, let's discuss the Invesco QQQ Trust, which is an exchange-traded fund (ETF) that tracks the Nasdaq 100 Index. Raymond James Financial Services Advisors, Inc. held 2,059,745 shares of QQQ in Q1 2023, and this increased slightly to 2,087,872 shares in Q2 2023. The value of these holdings rose from $661,034,000 to $771,301,000, indicating a 16.7% increase.

Among other notable changes in holdings, we see that Raymond James Financial Services Advisors, Inc. increased their stake in Amazon.com Inc. They held 4,660,505 shares in Q1 2023, which slightly rose to 4,708,109 shares in Q2 2023. The value of these holdings also experienced a significant surge from $481,383,000 to $613,749,000, representing a substantial 27.5% increase.

Additionally, Raymond James Financial Services Advisors, Inc. made interesting moves in their holdings of various Vanguard ETFs. For instance, their holdings of Vanguard Index FDS increased from 3,867,186 shares to 3,914,529 shares, with the value rising from $534,097,000 to $556,254,000, reflecting a 4.1% increase.

Furthermore, Raymond James Financial Services Advisors, Inc. divested some of their holdings in Vanguard Whitehall FDS, which dropped from 3,664,375 shares to 3,859,527 shares. However, there was a modest increase in the value of these holdings from $386,591,000 to $409,380,000, indicating a 5.9% rise.

In terms of emerging trends, it's worth noting the significant increase in holdings of NVIDIA Corporation. Raymond James Financial Services Advisors, Inc. held 1,167,383 shares in Q1 2023, which decreased to 1,092,628 shares in Q2 2023. Nevertheless, the value of these holdings skyrocketed from $324,264,000 to $462,203,000, reflecting an astounding 42.5% increase.

These are just a few highlights from the comprehensive comparison of Raymond James Financial Services Advisors, Inc.'s Q1 and Q2 2023 13F Holdings. The data reveals the ever-evolving investment strategies of key players and the underlying market conditions. By staying informed about these shifts, investors can make more informed decisions and navigate the dynamic world of finance more efficiently.