The Rise and Fall of Bfsg, LLC: Comparing Q4 2022 and Q1 2023 13F Holdings

As companies navigate their way through an ever-fluctuating market, it's no secret that investment firms have to stay ahead of the curve. That's why the 13F filing system is so important. The system, required by the SEC, ensures that a company's investment managers are held accountable for their activities and holdings during a given quarter. The most recent 13F holdings filings from Bfsg, LLC show some interesting changes in holdings from Q4 2022 to Q1 2023.

Going over the data, we can see that Bfsg, LLC's holdings have changed for many of their investments. For example, their holdings of Microsoft Corp (MSFT) increased from 53,940 shares in Q4 2022 to 64,841 shares in Q1 2023, an increase of 20.2%. This is not surprising considering Microsoft's consistent growth, especially with the increased demand for remote work-related products and services since the start of the pandemic. Similarly, Bfsg, LLC also increased their holdings of Apple Inc (AAPL) by 0.7%, as Apple continued to impress with record-breaking sales, despite supply chain concerns.

However, not all of Bfsg, LLC's holdings saw positive changes. Their holdings of CSX Corp (CSX) decreased by 1.0%, and the Value ETF for Energy Sector (VDE) holdings decreased by 2.4%. Interestingly, Bfsg, LLC's holdings of Procter & Gamble Co (PG) decreased as well, by 1.1%. This could be attributed to the company's lackluster sales reports over the past year.

One of the biggest changes in Bfsg, LLC's holdings was Pfizer Inc (PFE). Their holdings in the pharmaceutical giant increased by a whopping 75%. While this increase could be attributed to Pfizer's COVID-19 vaccine, it's also important to note that Pfizer has been actively expanding its product line in recent years, with plans to continue doing so in the near future.

Some of Bfsg, LLC's ETF holdings also saw significant changes. For instance, their holdings in the FlexShares Trust Quality Dividend Defensive Index Fund (QDEF) decreased by 4.4%, whereas their holdings in the Invesco S&P 500 Equal Weight ETF (RSP) increased by 410.7%. Both these ETFs have different approaches to investment strategies, with QDEF focusing on higher dividend-paying companies and RSP focusing on equally weighted investments.

In terms of sectoral preferences, it's interesting to see that Bfsg, LLC's holdings of Gold Trust iShares ETF (IAU) increased by 8.6% during the timeframe. This could be because of the increased volatility in the stock market, which traditionally leads investors to invest in gold as a hedge against uncertainty.

Overall, Bfsg, LLC's Q4 2022 and Q1 2023 13F holdings show that the company has shifted its investment strategies, taking advantage of opportunities in some companies while reducing its exposure to others. It's a reminder that investment companies have to stay on their toes to navigate through the market's ups and downs, and the 13F filings provide an excellent way for investors to track and understand these movements.