Brave Asset Management Inc Q2 2023 vs. Q3 2023 13F Holdings Comparison

Introduction:

In the world of finance, the holdings of a fund can change significantly from one quarter to the next. These changes can provide valuable insights into the strategies and trends followed by the fund manager. In this article, we will analyze the holdings of Brave Asset Management Inc during the second and third quarters of 2023, highlighting the key changes and their potential implications.

Brave Asset Management Inc Q2 2023 vs. Q3 2023 13F Holdings Comparison

Brave Asset Management Inc is a renowned asset management company known for its successful investment strategies. The 13F filing, required by the U.S. Securities and Exchange Commission (SEC), provides a snapshot of the company's investment portfolio. Let's dive into the data and explore the changes in Brave Asset Management Inc's holdings during Q2 2023 and Q3 2023.

1. ISHARES TR - AGG:

Brave Asset Management Inc decreased its holdings in ISHARES TR (AGG) by 5.8%. The fund held 696,396 shares of AGG in Q2 2023, which decreased to 683,608 shares in Q3 2023. The value of these holdings also declined from $68,211,000 to $64,286,000.

2. SELECT SECTOR SPDR TR - XLK:

Another significant change in Brave Asset Management Inc's holdings was observed in SELECT SECTOR SPDR TR (XLK). The fund reduced its holdings of XLK by 6.5% during the analyzed period. The number of shares declined from 132,044 to 130,957, while the value decreased from $22,957,000 to $21,467,000.

3. ISHARES TR - EFV:

In contrast to the previous two examples, Brave Asset Management Inc increased its holdings in ISHARES TR (EFV) by 3.3%. The number of shares held by the fund rose from 410,146 to 423,690, corresponding to a value increase from $20,072,000 to $20,731,000.

4. ZIFF DAVIS INC - ZD:

Brave Asset Management Inc maintained its holdings in ZIFF DAVIS INC (ZD) without any changes in the number of shares during the analyzed period, holding a steady 320,799 shares. However, the value of these holdings decreased from $22,475,000 to $20,431,000, reflecting a -9.1% change.

5. APPLE INC - AAPL:

One of the most prominent holdings of Brave Asset Management Inc is APPLE INC (AAPL). However, the fund reduced its stake in AAPL by 12.5% during Q3 2023. The number of shares fell from 94,041 to 93,256, resulting in a decrease in value from $18,241,000 to $15,966,000.

6. SELECT SECTOR SPDR TR - XLV:

Brave Asset Management Inc slightly increased its holdings in SELECT SECTOR SPDR TR (XLV) by 0.6%. The number of shares held by the fund rose from 115,501 to 119,845, while the value remained relatively stable at $15,330,000 in both quarters.

7. SPDR S&P 500 ETF TR - SPY:

The fund reduced its holdings in SPDR S&P 500 ETF TR (SPY) by 2.1% during the analyzed period. The number of shares held declined from 32,656 to 33,160, and the value decreased from $14,475,000 to $14,175,000.

8. VANGUARD INDEX FDS - VOO:

In a similar fashion, Brave Asset Management Inc decreased its holdings in VANGUARD INDEX FDS (VOO) by 4.8%. The number of shares held by the fund decreased from 34,467 to 34,027, and the value declined from $14,037,000 to $13,362,000.

9. ISHARES GOLD TR - IAU:

The fund slightly decreased its holdings in ISHARES GOLD TR (IAU) by 1.3%. The number of shares held decreased from 367,328 to 377,099, while the value declined from $13,367,000 to $13,194,000.

10. MICROSOFT CORP - MSFT:

Brave Asset Management Inc reduced its holdings in MICROSOFT CORP (MSFT) by 8.1%. The number of shares held by the fund decreased from 39,866 to 39,532, and the value decreased from $13,575,000 to $12,482,000.

Conclusion:

The holdings of Brave Asset Management Inc experienced notable changes during Q2 2023 and Q3 2023. While some holdings decreased, others witnessed slight increases. These changes provide insights into the fund's investment strategy and potential repositioning of their portfolio. Investors and analysts can use this information to gain a better understanding of Brave Asset Management Inc's approach and make informed decisions.

Please note that the analysis above is based solely on the changes observed in the holdings of Brave Asset Management Inc and does not constitute financial advice. It's always recommended to conduct thorough research and consult with a financial advisor before making any investment decisions.