Analyzing Signature Estate & Investment Advisors LLC's Q3 2022 vs. Q4 2022 13F Holdings

Signature Estate & Investment Advisors LLC (SEIA) recently filed its Q3 2022 and Q4 2022 13F holdings report with the Securities and Exchange Commission (SEC). The report provides a comprehensive list of the firm's holdings as of the end of each quarter, including the value of each position.

In this blog, we will analyze the changes in SEIA's 13F holdings from Q3 2022 to Q4 2022. We will examine the top holdings, their changes in value, and the sectors and industries that experienced the most significant changes.

Before we dive into the analysis, let's understand what a 13F filing means.

What is a 13F filing?

The SEC requires institutional investment managers with more than $100 million in assets under management to file a Form 13F each quarter. The form must be filed within 45 days of the end of each quarter and lists the investment manager's equity holdings.

SEIA's Q3 2022 vs. Q4 2022 13F holdings comparison

SEIA's 13F holdings report showed a total value of $1.8 billion in Q3 2022 and $1.9 billion in Q4 2022. According to the report, the firm sold out of four positions and opened thirteen new ones. Additionally, the firm added to existing positions in thirty-eight stocks and reduced its holdings in thirty-six.

Let's take a closer look at SEIA's top holdings and their value changes from Q3 2022 to Q4 2022.

Top holdings changes

SEIA's top ten holdings account for 45% of its total portfolio, with a total value of $874 million. The top three positions are GSLC, FIXD, and TOTL.

GSLC, the top holding, is the Goldman Sachs ETF Trust. The fund's value increased from $275 million in Q3 2022 to $290 million in Q4 2022, a 5.7% increase. Similarly, FIXD, the second-largest holding, the First Trust Exchange-Traded Fund VI, gained 5.6%.

TOTL, the third most significant holding, the SSGA Active ETF Trust, had the most significant value change, jumping by a staggering 2,912.7% to $209 million.

Sector and industry changes

From a sector perspective, SEIA's largest holdings are in Technology, Healthcare, and Financials. Technology holdings make up 26.5% of the portfolio, while Healthcare and Financials account for 23.5% and 19.3%, respectively.

The healthcare sector saw the most significant change in the portfolio. SEIA increased its holdings in MET, giving the stock a top-twenty ranking, and reduced its holdings in MCK.

From an industry perspective, the holdings are dominated by asset management and investment banking. Together, these two industries account for 35.6% of the portfolio. The asset management industry also saw the most significant changes, with SEIA adding to positions in both CGGR and AVDE.

Conclusion

SEIA's 13F holdings report for Q3 2022 provides an interesting look into the firm's holdings and its trading activity from Q3 2022 to Q4 2022. The report shows that the firm maintains a diverse portfolio, with a sizable allocation to tech, healthcare, and financials.

While the firm increased its holdings in some stocks and reduced others, it did not make any significant changes to the overall positioning. The report highlights the importance of understanding an investment manager's holdings, as changes in their positions can signal a change in their investment strategy.