Centerpoint Advisors, LLC Q1 2023 vs. Q2 2023: A Comprehensive Analysis of 13F Holdings

Centerpoint Advisors, LLC, a prominent investment management firm, recently filed its 13F report for the first and second quarters of 2023. This report provides valuable insights into the changing holdings of the firm during this period. In this article, we will delve into the details of these holdings, analyze the data, and draw meaningful conclusions.

During the Q1 2023 and Q2 2023 period, Centerpoint Advisors, LLC made several strategic changes to its investment portfolio. The firm increased its position in some companies while reducing its exposure to others. Let's take a closer look at some of the significant changes observed.

One of the notable changes made by Centerpoint Advisors, LLC was in its holdings of iShares TR (IVV). The firm increased its shares from 89,884 in Q1 to 95,239 in Q2, representing a 14.9% increase. This change also resulted in a rise in the value of the holdings from $36,949,000 to $42,449,000.

Another interesting change was observed in the holdings of iShares TR (QUAL). Centerpoint Advisors, LLC slightly increased its position from 142,270 shares in Q1 to 145,152 shares in Q2, indicating a 10.9% change. The value of the holdings also experienced a positive shift, going from $17,651,000 to $19,577,000.

Similarly, the firm showed a positive movement of 9.2% in its holdings of iShares TR (IWB). The number of shares increased from 66,199 to 66,828, accompanied by a rise in value from $14,910,000 to $16,289,000.

Alongside these increases, Centerpoint Advisors, LLC also made some reductions in its holdings. For example, its position in FlexShares TR (GUNR) decreased by 10.3%. The number of shares dropped from 296,832 to 280,857, resulting in a decrease in value from $12,553,000 to $11,254,000.

The firm also reduced its exposure to certain major companies. It decreased its holdings in Apple Inc (AAPL) by 11.2%, with the number of shares going down from 51,202 to 48,393. The value of these holdings decreased from $8,443,000 to $9,387,000.

Another significant reduction was seen in Johnson & Johnson (JNJ), with a decrease of 6.2% in holdings. The number of shares declined from 13,792 to 12,116, accompanied by a decrease in value from $2,138,000 to $2,005,000.

These changes offer valuable insights into the investment strategy of Centerpoint Advisors, LLC during the Q1 and Q2 of 2023. The firm exhibited a mix of increased and decreased positions, showcasing its ability to adapt to changing market dynamics.

It is important to note that the 13F report does not provide a complete picture of Centerpoint Advisors, LLC's investment activities, as it only includes long positions in equities. Additionally, the report is released with a time lag and does not provide real-time information on the firm's current holdings.

In conclusion, Centerpoint Advisors, LLC made notable changes to its investment portfolio during the Q1 and Q2 of 2023. The firm strategically increased its positions in certain companies while reducing exposure to others. These changes reflect the dynamic nature of the investment landscape and the firm's commitment to optimizing its portfolio.