Changes in Holdings of Rocky Mountain Advisers, LLC Q4 2022 vs. Q1 2023

Rocky Mountain Advisers, LLC is a registered investment advisor based in Idaho that provides financial and investment management services to individuals, institutions, and businesses. Every quarter, they are required to file a 13F form with the SEC that discloses their holdings of publicly traded companies. In this blog post, we will be discussing the changes in their holdings from Q4 2022 to Q1 2023 based on the latest 13F form they filed.

First, let's talk about the companies that Rocky Mountain Advisers increased their holdings in. One of the largest increases was in ELEVATION SERIES TRUST, where they increased their shares from 3,670,755 to 3,789,518 and the value from $97,844 to $104,421, which is a 6.7% increase. Another company that they increased their holdings in was UTF (COHEN & STEERS INFRASTRUCTURE), where they increased their shares from 408,104 to 408,133 and the value from $9,790 to $9,958 (a 1.7% increase).

Rocky Mountain Advisers also increased their holdings in NRG ENERGY INC (NRG), where they increased their shares from 68,967 to 68,972 and the value from $2,195 to $2,365 (a 7.7% increase). VANGUARD INDEX FDS (VOO) is also one of the companies where Rocky Mountain Advisers increased their holdings, with an increase in shares from 8,430 to 8,283 and an increase in value from $2,962 to $3,115 (a 5.2% increase).

On the other hand, there were also companies where Rocky Mountain Advisers decreased their holdings. One of the largest decreases was in WELLS FARGO CO NEW (WFC), where they reduced their shares from 42,575 to 41,675 and the value from $1,758 to $1,558 (an 11.4% decrease). Another company where they reduced their holdings was PROCTER AND GAMBLE CO (PG), where they reduced their shares from 4,371 to 4,175 and the value from $662 to $621 (a 6.2% decrease).

SCHWAB STRATEGIC TR (SCHD) is also one of the companies where Rocky Mountain Advisers reduced their holdings, with a decrease in shares from 49,209 to 47,115 and a decrease in value from $3,717 to $3,447 (a 7.3% decrease). One other notable decrease was in INTEL CORP (INTC), where they reduced their shares from 11,237 to 12,837 and the value from $297 to $419 (a 41.1% increase).

In conclusion, Rocky Mountain Advisers made significant changes in their holdings from Q4 2022 to Q1 2023. While they made some significant increases, they also made some significant decreases. It is essential to keep track of such changes in holdings because they give investors an idea of what a reputed investment firm is buying and selling. While it does not mean that investors should follow these trades blindly, it does provide some useful insights that can be useful in making investment decisions.