Nationwide Fund Advisors Q1 2023 vs. Q2 2023 13F Holdings Comparison

Nationwide Fund Advisors, a renowned investment firm, recently published their Q1 2023 and Q2 2023 13F Holdings Comparison report. This report provides valuable insights into the changes in holdings for various funds during this period. In this article, we will analyze some of the key changes in holdings disclosed by the Nationwide Fund Advisors.

Investors and market enthusiasts eagerly await fund holdings reports, such as the 13F filings, to gain a better understanding of investment trends. These reports showcase the positions held by institutional investors, giving valuable information about their portfolio adjustments.

One of the notable changes in the Nationwide Fund Advisors' holdings is the reduction of shares in the "ISHARES CORE MSCI" fund, identified by the ticker symbol IEMG. In Q1 2023, Nationwide Fund Advisors held 6,580,307 shares of this fund, which decreased to 6,128,662 shares in Q2 2023. The value of these holdings also experienced a decline from $321,053,000 to $302,081,000, representing a change of -5.9%. While the reduction might raise eyebrows, it's crucial to understand that portfolio adjustments are a regular occurrence, often driven by various market factors.

Moving on, another interesting change in holdings occurred in the "ISHARES 7-10 YEAR" fund, identified by the ticker symbol IEF. In Q1 2023, Nationwide Fund Advisors held 2,619,592 shares of IEF, which slightly increased to 2,658,435 shares in Q2 2023. The value of these holdings experienced a marginal decline from $259,653,000 to $256,804,000, representing a change of -1.1%. Despite the small decrease in value, this adjustment showcases the fund's stability.

Let's delve into the "ISHARES CORE S&P" fund, identified by the ticker symbol IJR. Nationwide Fund Advisors' holdings in this fund decreased from 1,578,853 shares in Q1 2023 to 1,477,554 shares in Q2 2023. The value of these holdings also experienced a decline from $152,675,000 to $147,238,000, representing a change of -3.6%. Such adjustments in holdings demonstrate how fund managers adapt their portfolios to align with market conditions and investment objectives.

On the other hand, the "ISHARES US TREASURY BOND" fund, labeled GOVT, witnessed an increase in holdings during this period. In Q1 2023, Nationwide Fund Advisors held 5,310,252 shares of GOVT, which rose to 5,791,534 shares in Q2 2023. The value of these holdings increased from $124,153,000 to $132,626,000, reflecting a positive change of 6.8%. This upward adjustment suggests a favorable outlook for the US Treasury Bond market.

Lastly, let's discuss the "ISHARES 20 YEAR" fund, identified by the ticker symbol TLT. Nationwide Fund Advisors' holdings in this fund experienced a slight decrease from 1,277,669 shares in Q1 2023 to 1,287,836 shares in Q2 2023. The value of these holdings also decreased from $135,905,000 to $132,569,000, representing a change of -2.5%. Though the decrease may seem minor, it exemplifies the fund manager's continued evaluation and optimization of their investment portfolio.

In conclusion, the Q1 2023 vs. Q2 2023 13F Holdings Comparison report by Nationwide Fund Advisors provides valuable insights into their portfolio adjustments during this period. Although some adjustments have shown a decline in holdings, they reflect the ever-evolving nature of investment portfolios. Investors should consider these changes as part of a wider strategy in response to dynamic market conditions. It is essential to regularly review fund holdings reports like 13F filings to stay informed and adapt investment strategies accordingly.