Selective Wealth Management, Inc. Q4 2022 vs. Q2 2023 13F Holdings Comparison

Investment firms and wealthy individuals are always on the lookout for the latest trends and shifts in the stock market. One way they gain insights into these changes is through the quarterly filing of Form 13F. This document provides a snapshot of an institutional investment manager's holdings, revealing the stocks they own and their overall value.

Selective Wealth Management, Inc. recently filed their Q4 2022 and Q2 2023 13F holdings comparison. Let's take a closer look at some of the notable changes in their portfolio.

Vanguard Index Funds (VOO):

Selective Wealth Management increased their holdings of VOO from 103,307 shares in Q4 2022 to 124,860 shares in Q2 2023, representing a 34.2% increase in value. This suggests that the firm has confidence in the performance of this index fund.

WisdomTree TR (WCLD):

Another significant change in Selective Wealth Management's portfolio is their increased investment in WCLD. Their holdings rose from 320,247 shares in Q4 2022 to 353,411 shares in Q2 2023, reflecting a 33.1% increase in value. This indicates their positive outlook on this technology-focused exchange-traded fund.

Meta Platforms Inc (META):

Selective Wealth Management reduced their holdings of META from 29,885 shares in Q4 2022 to 26,750 shares in Q2 2023, resulting in a decrease of 88.9% in value. This decrease may indicate a shift in their strategy or a reevaluation of the company's potential.

Alibaba Group Holding Ltd (BABA):

BABA experienced a decrease in holdings by Selective Wealth Management, with their shares falling from 100,213 in Q4 2022 to 86,092 in Q2 2023. This decline represents a 35.1% decrease in value. The reasons behind this reduction in holdings are unknown, but it could be influenced by factors such as regulatory concerns or performance issues.

Salesforce Inc (CRM):

Selective Wealth Management decreased their holdings in CRM from 37,244 shares in Q4 2022 to 34,527 shares in Q2 2023. Despite the decrease in shares, the value only dropped by 30.4%. This suggests that the firm still has confidence in the company's long-term prospects.

These are just a few of the changes in Selective Wealth Management's portfolio outlined in the Q4 2022 vs. Q2 2023 13F holdings comparison. It's essential to note that these changes reflect the firm's investment strategy and their outlook on the respective companies.

It's important to understand that 13F filings offer valuable insights into the investments made by institutional investors. However, it's crucial to consider that these filings are made quarterly and may not reflect real-time changes. Additionally, just because an investment firm decreases holdings in one company does not necessarily mean they have lost confidence in it. The investment landscape is dynamic, and firms continuously adjust their portfolios based on various factors.

Disclaimer: The analysis provided in this article is based solely on the information from the reported 13F holdings comparison and should not be interpreted as financial advice. It is always recommended to conduct thorough research and consult with a financial advisor before making any investment decisions.