Analyzing Icon Wealth Partners, LLC's Q1-Q2 2022 Holdings: Winners, Losers, and Surprises

In the investment world, nothing stays still. Changes in market conditions, new regulations, and emerging trends all impact the portfolios of investors everywhere. Icon Wealth Partners, LLC is no exception. In this blog post, we will take a closer look at Icon Wealth Partners' Q1-Q2 2022 13F holdings and analyze what changes they made and why.

First, What is a 13F?

A 13F is a quarterly report filed with the SEC by institutions managing over $100 million in assets. It discloses the value and volume of each position in their portfolio.

Analyzing Icon Wealth Partners Holdings

Upon comparing the fund's Q1 and Q2 2022 holdings, it is evident that the portfolio underwent massive changes in a relatively short span of time. Here are some of the highlights:

Winners:

1. TIP:

The iShares TIPS Bond ETF saw an increase in shares from Q1, with a net gain of 27,715 shares or 54.7% and an increase in value by $2,730,000.

2. KMI:

Kinder Morgan, a natural gas pipeline company, saw an increase in shares from Q1, with a net gain of 55,128 shares or 6.3% and had a value increase of $331,000.

3. PLD:

Prologis, an industrial real estate investment trust (REIT), saw Icon Wealth Partners invest $2,956,000 for 25,129 shares in Q2, while it held no shares in Q1.

Losers:

1. SPY:

The SPDR S&P 500 ETF saw a decrease in shares from Q1, with a net loss of 10,798 shares or 57%, and a value decrease of $5,731,000.

2. ESGU:

The iShares ESG Aware MSCI USA ETF saw a decrease in shares from Q1, with a net loss of 18,556 shares or 19.8% and a value decrease of $11,982,000.

3. XOM:

Exxon Mobil saw a decrease in shares from Q1, with a net loss of 52,417 shares or 24% and a value decrease of $3,891,000.

Surprises:

1. AMZN:

Amazon had been a small position for Icon Wealth Partners, holding only 4,753 shares in Q1. In Q2, Icon Wealth Partners increased its shareholdings to 121,047, a net gain of 116,294 shares.

2. HDV:

The iShares Core High Dividend ETF held no shares in Q1, but by Q2, Icon Wealth Partners bought 55,977 shares worth $5,622,000.

3. EFG:

The iShares MSCI EAFE Growth ETF saw a decrease of 22,126 shares or 26.7%, and a value decrease of $4,619,000.

Conclusion

In conclusion, Icon Wealth Partners made substantial changes to their 13F holdings between Q1 and Q2 2022, with winners, losers, and some unexpected moves. While the reasons for these changes can vary, as investors, we can all learn from analyzing the moves Icon Wealth Partners made to help shape our investment strategies.