Transform Wealth, LLC Q1 2023 vs. Q2 2023 13F Holdings Comparison

Today, we'll be taking a closer look at the comparison between Transform Wealth, LLC's 13F holdings in Q1 2023 and Q2 2023. As an investment firm, Transform Wealth, LLC regularly files a 13F report with the Securities and Exchange Commission (SEC) to disclose their holdings of publicly traded securities. In this article, we'll delve into the changes in holdings and explore some notable movements.

Before we dive into the specific changes, it's important to understand what the 13F report entails. The report provides a snapshot of an investment firm's holdings, including the issuer name, option type (if applicable), the number of shares held in both Q1 2023 and Q2 2023, as well as the corresponding value in thousands of dollars. Additionally, the report also highlights the percentage change in holdings.

At first glance, it's evident that Transform Wealth, LLC made some intriguing moves during this period. Let's explore some of the significant changes in their holdings:

1. Apple Inc (AAPL):

- In Q1 2023, Transform Wealth, LLC held 279,949 shares of Apple Inc, with a corresponding value of $46,163,000. However, in Q2 2023, their holdings increased to 287,965 shares, with a value of $55,856,000. This represents a 21% increase in their holdings.

2. Microsoft Corp (MSFT):

- Transform Wealth, LLC held 142,905 shares of Microsoft Corp in Q1 2023, valued at $41,199,000. In Q2 2023, their holdings rose to 144,166 shares, with a value of $49,094,000. This reflects a 19.2% increase in their holdings.

3. SPDR S&P 500 ETF Trust (SPY):

- In Q1 2023, Transform Wealth, LLC held 57,775 shares of the SPDR S&P 500 ETF Trust, valued at $23,738,000. However, in Q2 2023, their holdings surged to 67,398 shares, with a value of $29,987,000. This represents a significant 26.3% increase in their holdings.

4. Invesco Exchange Traded Fund Trust II (BKLN):

- While Transform Wealth, LLC did not hold any shares of BKLN in Q1 2023, their Q2 2023 holdings saw a significant increase to 1,231,920 shares, with a value of $25,919,000.

5. UnitedHealth Group Inc (UNH):

- Transform Wealth, LLC's holdings of UnitedHealth Group Inc remained relatively stable. They held 42,806 shares in Q1 2023 and 42,640 shares in Q2 2023, with values of $20,229,000 and $20,494,000, respectively.

These are just a few notable examples of the changes in Transform Wealth, LLC's 13F holdings between Q1 2023 and Q2 2023. It's clear that they made strategic adjustments to their portfolio during this period, showcasing their expertise in navigating the ever-changing market.

It's important to note that the 13F report provides insights into the public holdings of institutional investment managers with assets under management above a certain threshold. Investors, financial analysts, and researchers refer to these reports to gain valuable information about the investment strategies and movements of various firms in the market.

In conclusion, Transform Wealth, LLC's 13F holdings comparison between Q1 2023 and Q2 2023 reveals interesting changes in their portfolio. These changes reflect their response to market conditions and their commitment to optimizing their holdings for maximum returns. As always, it's essential for investors to conduct their due diligence and consider multiple factors before making investment decisions.

Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial or investment advice.