Exploring the IFP Advisors, Inc Q4 2022 vs. Q1 2023 13F Holdings Comparison

As the investment world changes and adapts to the demands of investors and market trends, it's important to keep a close eye on the movements of fund holdings. The Securities and Exchange Commission (SEC) requires institutions with a certain amount of assets under management to submit a Form 13F to disclose their securities holdings. This report provides insight into the current state of a fund's portfolio and can give investors an idea of where the market is heading. In this blog post, we'll be exploring the IFP Advisors, Inc Q4 2022 vs. Q1 2023 13F Holdings Comparison.

IFP Advisors, Inc is a registered investment advisor based in Iowa and manages approximately $11.49 billion in assets. The company's Form 13F filing for Q4 2022 showed a total portfolio value of $568.09 million with 31 total holdings. Fast forward to Q1 2023, and IFP Advisors, Inc's total portfolio value increased to $643.21 million with 34 total holdings. Let's take a closer look at some of the changes in holdings.

One of the top holdings in Q4 2022 was Alphabet Inc (GOOGL), with 226,093 shares and a value of $165,099,000. However, by Q1 2023, IFP Advisors, Inc had decreased its position in Alphabet Inc to 144,763 shares with a value of $105,681,000, a 36% reduction in holdings. Another notable change was in Amazon.com Inc (AMZN), where IFP Advisors, Inc reduced its holdings by 47.6%, selling 152,865 shares and leaving it with 168,573 shares valued at $49,279,000.

On the other hand, ISHARES TR (IVW) showed a significant increase in holdings. In Q4 2022, IFP Advisors, Inc had 54,319 shares of the company, valued at $8,937,000. By Q1 2023, the investment management firm had acquired an additional 252,782 shares, bringing the total holdings to 308,101 shares valued at $50,627,000, a 466.5% increase.

In terms of sectors, the financial sector saw the most significant increase in IFP Advisors, Inc's holdings, with holdings increasing by 119.1% from $51,264,000 to $112,355,000. In contrast, the health care sector saw the largest decrease in holdings, with a 35.9% reduction from $120,514,000 to $77,318,000.

It's important to note that the changes in holdings reported in the Form 13F only cover a limited period and may not reflect the entire investment strategy of a fund. Additionally, these changes may have occurred for various reasons, such as strategic portfolio adjustments or market fluctuations. Therefore, investors should perform their due diligence when using the information from the 13F filings.

In conclusion, while it's vital to stay updated with the changes in holdings of investment firms, it's equally important to understand the reasons behind these changes. IFP Advisors, Inc showed a mix of both buying and selling activities, with some positions increasing in value, while others decreased. It will be interesting to see how the market develops in the coming months and how IFP Advisors, Inc will adjust its holdings accordingly.