The Top Changes in Grimes & Company, Inc.'s Q4 2022 vs. Q1 2023 13F Holdings

As an investor in the stock market, it is important to stay up to date with changes in the holdings of top investment firms like Grimes & Company, Inc. This quarter, the company has experienced notable shifts in their 13F holdings. In this blog post, we will take a closer look at these changes and what they could mean for both Grimes & Company and the companies whose stock they hold.

In the Q4 2022 quarter, Grimes & Company held 22,187,991 shares worth $769,226,000. In the Q1 2023 quarter, their holdings grew significantly, with a total of 55,220,239 shares worth $1,036,566,000. This represents a 71.8% increase in share count and a 34.9% increase in total value.

One of the largest changes in holdings was with iShares TR (IEFA). Grimes & Company went from holding 325,587 shares worth $20,069,000 in Q4 2022 to holding 3,754,552 shares worth $250,991,000 in Q1 2023. This is a dramatic increase of 1,150.6% in value. Similarly, with Invesco Exch Traded FD TR II (BKLN), their holdings increased from 239,993 shares to 7,641,955 shares, an increase in value of 3,126.1%.

Another notable shift was with META Platforms Inc (META), which saw an increase in Grimes & Company's holdings by 72.9% in share count and a 204.1% increase in value. In contrast, Regions Financial Corp New (RF) saw a decrease in Grimes & Company's holdings by 1.8% in share count and a 14.8% decrease in value.

Microsoft Corp (MSFT) and Apple Inc (AAPL) were two of the companies whose stocks Grimes & Company held a significant number of shares in both quarters. Microsoft Corp saw an increase of 2.3% in share count and a 23% increase in value, while Apple Inc saw a slight decrease of 0.5% in share count but a 26.2% increase in value.

Another notable change was with Tesla Inc (TSLA). In Q4 2022, Grimes & Company did not hold any shares of TSLA, but in Q1 2023, they held 32,121 shares worth $27,491,000.

Overall, Grimes & Company's expansion in their 13F holdings suggests that they are confident in the long-term potential of the companies whose stocks they hold. These shifts in holdings could also impact the stock prices of these companies in the short term, as other investors take note of these changes.

It is important to note that this is just a snapshot of Grimes & Company's holdings and that their investment strategy can change at any time. As always, it is critical for investors to do their research and consult with a financial advisor before making any investment decisions.

In conclusion, Grimes & Company's Q1 2023 13F holdings have undergone significant changes compared to Q4 2022, including sizable increases in share count and value for companies like IEFA and BKLN. Investors should continue to monitor these changes to stay informed about potential shifts in the stock market.