SWS Partners Q1 2023 vs. Q2 2023: Analyzing Changes in Fund Holdings

Investment firms are constantly making adjustments to their portfolios in response to market conditions and investment strategies. SWS Partners is no exception, and their Q1 2023 and Q2 2023 13F filings shed light on the changes in their fund holdings during this period.

In this article, we will delve into the significant holdings changes made by SWS Partners and explore the potential reasons behind these decisions. Let's take a closer look at the key shifts in their portfolio.

iShares Core S&P 500 ETF (IVV)

One notable change in SWS Partners' holdings is the decrease in their shares of the iShares Core S&P 500 ETF (IVV) from 39,876 shares in Q1 2023 to 39,144 shares in Q2 2023. Despite this slight reduction, the value of their holdings increased from $16,392,000 to $17,446,000.

Schwab International Equity ETF (SCHF)

SWS Partners also reduced their holdings in the Schwab International Equity ETF (SCHF) from 457,687 shares in Q1 2023 to 444,793 shares in Q2 2023. Although the decrease in shares was minimal, the value of their holdings saw a slight dip from $15,927,000 to $15,856,000.

Schwab US Large Cap ETF (SCHX)

The Schwab US Large Cap ETF (SCHX) saw a similar decrease in SWS Partners' holdings, dropping from 199,142 shares in Q1 2023 to 193,897 shares in Q2 2023. However, the value of their holdings increased from $9,632,000 to $10,154,000.

Schwab Intermediate Term US TRS ETF (SCHR)

SWS Partners' holdings in the Schwab Intermediate Term US TRS ETF (SCHR) also experienced a slight decrease from 158,015 shares in Q1 2023 to 161,246 shares in Q2 2023. Interestingly, the value of their holdings remained relatively stable at $7,968,000 in Q1 and $7,946,000 in Q2.

iShares Core S&P Mid Cap ETF (IJH)

On the other hand, SWS Partners increased their holdings in the iShares Core S&P Mid Cap ETF (IJH) from 26,844 shares in Q1 2023 to 27,000 shares in Q2 2023. This change reflects their confidence in the mid-cap sector, as the value of their holdings grew from $6,715,000 to $7,060,000.

SPDR S&P 500 High Dividend ETF (SPYD)

SWS Partners made a slight reduction in their holdings of the SPDR S&P 500 High Dividend ETF (SPYD) from 188,736 shares in Q1 2023 to 187,107 shares in Q2 2023. The value of their holdings also decreased from $7,171,000 to $6,937,000.

Purecycle Technologies Inc (PCT)

However, one of the most significant changes in SWS Partners' portfolio is their increased stake in Purecycle Technologies Inc (PCT). They acquired additional shares, raising their holdings from 519,670 shares in Q1 2023 to 514,068 shares in Q2 2023. This change reflects their strong conviction in the potential growth of this company, as the value of their holdings surged from $3,637,000 to $5,487,000.

Analyzing the Changes

Based on the shifts in SWS Partners' fund holdings, we can infer that they made several strategic adjustments during the transition from Q1 2023 to Q2 2023. While some reductions in holdings occurred, there were also instances where they increased their stakes, indicating their positive outlook on specific companies.

The decrease in holdings for certain ETFs may be attributed to tactical portfolio rebalancing, profit-taking, or a shift in investment focus. Conversely, the increased stake in Purecycle Technologies Inc suggests their belief in the growth potential of this company.

Overall, SWS Partners' Q1 2023 and Q2 2023 13F filings reflect a dynamic approach to fund management, adapting to changing market conditions and capitalizing on investment opportunities.

Disclaimer: The information provided in this article is for informational purposes only. It should not be considered as financial or investment advice. Please consult with a professional advisor before making any investment decisions.