Winch Advisory Services' Q3 to Q4 2022 13F Holdings Comparison: Changes in Portfolio Revealed

Winch Advisory Services, LLC Q3 2022 vs. Q4 2022 13F Holdings Comparison

It's always interesting to see how investment firms adjust their portfolios between quarterly reports, and Winch Advisory Services' latest 13F holding comparison between Q3 and Q4 of 2022 is no exception. The report provides a snapshot of the changes in holdings of the firm, revealing the trends and shifts in the market that Winch Advisory Services responded to during this period.

The biggest change in holdings was in the SPDR Bloomberg 1-3 Month T-Bill ETF New (BIL), where the firm reduced its shares by -0.4% from 300,537 shares in Q3 to 299,710 shares in Q4. Meanwhile, the Vanguard Short Term Treasury ETF (VGSH) saw a significant reduction in shares by -11.6%, from 513,476 in Q3 to 453,892 in Q4, which reflected Winch Advisory Services' reallocation of assets from this fund.

However, there were some bright spots in the report; the SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM) saw a 9.6% increase in shares, from 462,146 in Q3 to 472,600 in Q4, while JPMorgan Chase & Co (JPM) saw a 28% increase, from 23,859 in Q3 to 23,797 in Q4.

It's worth noting that tech giants like Apple Inc (AAPL), Microsoft Corp (MSFT), and Amazon.com Inc (AMZN) experienced a reduction in shares in Q4 compared to Q3, as investors became more skeptical of their growth prospects.

Some other interesting changes include Berkshire Hathaway Inc Cl B New (BRK-B) increasing its shares by 12.9%, from 26,184 in Q3 to 25,564 in Q4, and Visa Inc Cl A (V) increasing its shares by 3.7%, from 24,814 in Q3 to 22,013 in Q4. Meanwhile, there were no shares for iShares 0-3 Month Treasury Bond ETF (SGOV) in Q3, but it became part of the portfolio with 36,611 shares in Q4.

In the commodities space, SPDR Gold Trust Gold Shares (GLD) saw an increase in shares of 11.7%, from 8,516 in Q3 to 8,669 in Q4. While there was no holding for Vanguard Ultra Short Bond ETF (VUSB) in Q3, it became part of the holdings in Q4 with 6,849 shares.

Overall, the changes in holdings in Winch Advisory Services' 13F filing demonstrate the firm's readiness to pivot its investments amid market volatility, taking advantage of opportunities as they arise. As the global market continues to shift, it remains to be seen how the firm will adjust its holdings in Q1 2023, and whether some of the current trends will continue. It is important to note that past performance can never guarantee future returns, and investors should conduct their own thorough research before making any investment decisions.