The Surprising Winners and Losers of Legacy Advisors' Q4 2022 vs. Q1 2023 13F Holdings Comparison

Are you curious about which companies gained and lost the most in the latest 13F holdings comparison report of Legacy Advisors, LLC from Q4 2022 to Q1 2023? Look no further as we break down the noteworthy changes to help you make more informed investment decisions.

First off, let's look at the big gainers. Apple Inc (AAPL) leads the pack with a staggering 37.2% increase in shares from Q4 2022 to Q1 2023. This translates to a significant rise in value from $10,758,000 to $14,758,000, showing a clear vote of confidence in the tech giant's future performance. Following closely behind is Vertex Inc (VERX), with an astounding 827% increase in value from $815,000 to $7,560,000, thanks to a substantial increase in shares from 56,204 to 365,402.

Another notable gainer is Roblox Corp (RBLX), proving its mettle as the third-fastest-growing stock in the US. The company saw a 58.1% increase in value, from $2,799,000 to $4,424,000, despite the strong headwinds presented by the global supply chain crisis.

Meanwhile, some of the popular tech giants, such as Alphabet Inc (GOOGL) and Amazon.com Inc (AMZN), saw less dramatic but still impressive increases in value by 19.5% and 26.2%, respectively, indicating that these stocks remain popular among investors.

On the other hand, we have the biggest losers, starting with OEF (iShares TR). The company experienced a massive drop of 81.5%, from $56,302,000 to $10,388,000, reflecting the Q1 sell-off of the Energy and Financial sectors due to regulatory changes and inflationary concerns.

CVS Health Corp (CVS) is another surprise loser, with a 17.4% decline in value from $4,478,000 to $3,700,000, despite being one of the top-performing stocks in 2021. This decrease could be attributed to the on-going volatility surrounding the healthcare industry and the controversy surrounding the proposed Medicare for All legislation.

Lastly, Fulton Financial Corp (FULT) saw a drop of 17.7%, from $4,773,000 to $3,927,000, due to the enduring pandemic fallout and the unpredictability of the global financial market.

Conclusion

These changes in holdings represent a shifting landscape of investor preferences and predictions, driven by a host of external factors. While most of the changes are not surprising, there are a few outliers that demonstrate the unpredictability of the stock market. However, it's crucial to remember that it's not always advisable to follow the herd blindly, and investors must perform their due diligence when selecting securities to invest in. With that said, the comparison results from Legacy Advisors' 13F holdings report can serve as a useful tool in identifying emerging trends and opportunities.