13F Holdings Comparison: Raymond James Financial Services Advisors, Inc. Q2 2023 vs. Q3 2023

Introduction:

In the ever-evolving financial world, it is crucial for investors to stay updated on the changing landscape of holdings in various funds. One way to gain insights into these changes is by analyzing the 13F filings submitted by financial institutions. In this article, we will delve into the Q2 2023 and Q3 2023 holdings comparison of Raymond James Financial Services Advisors, Inc., and explore the notable shifts in the portfolio.

Understanding the 13F Holdings Comparison:

Raymond James Financial Services Advisors, Inc. is a renowned financial institution that manages a diverse portfolio of investments. The 13F filings provide a quarterly snapshot of the company's holdings, including the number of shares held and their respective values. By comparing the Q2 2023 and Q3 2023 reports, we can identify any significant changes that might have occurred.

Analyzing the Changes:

1. Apple Inc (AAPL):

- Q2 2023: 9,277,147 shares

- Q3 2023: 9,195,119 shares

- Change: -12.5%

Despite a slight decrease in the number of shares held by the fund, Apple continues to be a prominent investment in the portfolio. The company's value remains robust, highlighting the confidence of Raymond James Financial Services Advisors, Inc. in Apple's performance.

2. Microsoft Corp (MSFT):

- Q2 2023: 4,171,751 shares

- Q3 2023: 4,184,183 shares

- Change: -7%

Microsoft Corporation's inclusion in the portfolio of Raymond James Financial Services Advisors, Inc. remains stable with a marginal increase in the number of shares held. This indicates the confidence placed in the company's long-term growth prospects.

3. Vanguard Index FDS (VOO):

- Q2 2023: 3,277,772 shares

- Q3 2023: 3,299,338 shares

- Change: -2.9%

The fund's holdings in Vanguard Index Funds experienced a slight increase, emphasizing the importance of diversification and passive index-based strategies in the portfolio.

4. iShares TR (IVV):

- Q2 2023: 2,561,353 shares

- Q3 2023: 2,613,278 shares

- Change: -1.7%

The fund has shown confidence in the iShares TR, increasing its holdings in Q3 2023. This indicates a positive outlook on the performance of the market covered by this particular ETF.

5. Invesco QQQ TR (QQQ):

- Q2 2023: 2,087,872 shares

- Q3 2023: 2,054,414 shares

- Change: -4.6%

The fund held a significant number of shares in Invesco QQQ TR, but there was a decrease in Q3 2023. This could signify a reallocation of assets within the portfolio or a shift in investment strategies.

6. SPDR S&P 500 ETF TR (SPY):

- Q2 2023: 1,542,094 shares

- Q3 2023: 1,648,609 shares

- Change: 3.1%

With an increase in holdings, the fund continues to place confidence in SPDR S&P 500 ETF TR. This ETF's performance aligns with the fund's growth objectives.

7. JPMorgan Chase & Co (JPM):

- Q2 2023: 4,253,317 shares

- Q3 2023: 4,291,799 shares

- Change: 0.6%

The fund's holdings in JPMorgan Chase & Co remained relatively stable during this period, indicating a long-term investment strategy focused on this financial giant.

8. Amazon.com Inc (AMZN):

- Q2 2023: 4,708,109 shares

- Q3 2023: 4,860,600 shares

- Change: 0.7%

Raymond James Financial Services Advisors, Inc. increased its holdings in Amazon.com Inc, reflecting confidence in the company's continued growth and dominance in the e-commerce industry.

9. Vanguard Index FDS (VTV):

- Q2 2023: 3,914,529 shares

- Q3 2023: 4,037,749 shares

- Change: 0.1%

The fund's allocation in Vanguard Index Funds experienced a slight increase, suggesting a continued belief in the long-term prospects of the fund.

10. Home Depot Inc (HD):

- Q2 2023: 1,603,906 shares

- Q3 2023: 1,616,487 shares

- Change: -2%

Home Depot Inc continues to be a part of the fund's portfolio, with a marginal increase in holdings. The stable investment in the retail giant showcases confidence in its industry position.

Conclusion:

Raymond James Financial Services Advisors, Inc., through its 13F filings, provides valuable insights into its investment decisions and the ever-changing landscape of the financial market. In reviewing the Q2 2023 and Q3 2023 holdings comparison, we see a mix of stable positions and noteworthy changes in holdings. The fund's strategic allocation reflects its confidence in the long-term growth prospects of various companies and sectors.

Disclaimer: The information presented in this article is for informational purposes only. It is not intended as financial advice or a recommendation to buy or sell any securities mentioned. Always conduct thorough research and consult with a qualified financial advisor before making any investment decisions.