Aries Wealth Management Q2 2023 vs. Q3 2023 13F Holdings Comparison

It's that time of the year again when financial institutions release their 13F filings, giving us a peek into the changes in holdings of various funds. Today, we'll take a closer look at Aries Wealth Management's Q2 2023 and Q3 2023 13F holdings and compare the differences. The data speaks volumes about the fund's investment strategy and provides valuable insights for investors.

Let's dive right into the comparison:

Apple Inc (AAPL):

In Q2 2023, Aries Wealth Management held 94,865 shares of Apple Inc, with a value of $18,400,000. However, in Q3 2023, their holdings increased to 96,386 shares, valued at $17,226,000. This represents a slight decrease in value of 6.4%.

Microsoft Corp (MSFT):

In Q2 2023, Aries Wealth Management held 34,820 shares of Microsoft Corp, valued at $11,857,000. Interestingly, their holdings slightly increased to 35,822 shares in Q3 2023, with a value of $11,915,000. This represents a minimal increase of 0.5%.

Vanguard Index FDS (VB):

Aries Wealth Management's holdings of Vanguard Index FDS, which was at 40,411 shares in Q2 2023, saw a slight increase to 41,075 shares in Q3 2023. However, the value of their holdings decreased from $8,037,000 to $7,690,000, representing a change of -4.3%.

Vanguard Index FDS (VO):

Similarly, Aries Wealth Management's holdings of Vanguard Index FDS also saw a slight increase from 33,967 shares in Q2 2023 to 34,669 shares in Q3 2023. However, the value of their holdings decreased from $7,478,000 to $7,253,000, representing a change of -3%.

Vanguard Index FDS (VUG):

Aries Wealth Management increased their holdings of Vanguard Index FDS from 23,053 shares in Q2 2023 to 24,420 shares in Q3 2023. This increase in shares resulted in a corresponding increase in value, from $6,523,000 to $6,871,000, representing a change of 5.3%.

SPDR S&P 500 ETF TR (SPY):

Aries Wealth Management's holdings of SPDR S&P 500 ETF TR increased significantly from 13,296 shares in Q2 2023 to 14,480 shares in Q3 2023. This increase in shares also led to an increase in value, from $5,893,000 to $6,313,000, representing a change of 7.1%.

Exxon Mobil Corp (XOM):

Aries Wealth Management's holdings of Exxon Mobil Corp saw a substantial increase from 49,242 shares in Q2 2023 to 55,749 shares in Q3 2023. This increase in shares resulted in a corresponding increase in value, from $5,281,000 to $6,129,000, representing a change of 16.1%.

SPDR SER TR (SDY):

Aries Wealth Management's holdings of SPDR SER TR increased slightly from 47,640 shares in Q2 2023 to 48,608 shares in Q3 2023. However, the value of their holdings decreased from $5,839,000 to $5,579,000, representing a change of -4.5%.

Caterpillar Inc (CAT):

Aries Wealth Management increased their holdings of Caterpillar Inc from 18,128 shares in Q2 2023 to 18,628 shares in Q3 2023. This increase in shares resulted in a corresponding increase in value, from $4,460,000 to $5,044,000, representing a change of 13.1%.

Johnson & Johnson (JNJ):

Aries Wealth Management's holdings of Johnson & Johnson slightly increased from 30,557 shares in Q2 2023 to 31,132 shares in Q3 2023. However, the value of their holdings decreased from $5,057,000 to $4,904,000, representing a change of -3%.

Home Depot Inc (HD):

Aries Wealth Management's holdings of Home Depot Inc increased from 14,787 shares in Q2 2023 to 15,925 shares in Q3 2023. This increase in shares resulted in a corresponding increase in value, from $4,593,000 to $4,734,000, representing a change of 3.1%.

These are just a few examples of the changes in holdings that Aries Wealth Management experienced in Q2 2023 compared to Q3 2023. As seasoned investors, they understand the importance of diversification and making informed investment decisions based on market trends. By analyzing these changes, investors can gain insights into the fund's strategy and potentially make their own investment decisions accordingly.

While this article provides an overview of the changes in Aries Wealth Management's holdings, it's essential to consult with a financial advisor or conduct thorough research before making any investment decisions. Market conditions and individual preferences can greatly impact the suitability of any particular investment strategy.

Remember, past performance is not indicative of future results.