Redhawk Wealth Advisors, Inc. Q1 2023 vs. Q2 2023 13F Holdings Comparison

Redhawk Wealth Advisors, Inc. recently released its 13F holdings report for the first and second quarters of 2023. The report provides valuable insights into the changes in holdings of various funds during this period. In this article, we will analyze these changes and discuss their potential implications for investors.

SPDR S&P 500 ETF TR (SPY)

The SPDR S&P 500 ETF TR (SPY) saw a modest increase in its holdings, with an 11.8% change from Q1 to Q2 2023. While the change may seem small, it reflects the overall bullish sentiment in the market and the continued popularity of this exchange-traded fund.

SELECT SECTOR SPDR TR (XLK)

The SELECT SECTOR SPDR TR (XLK) experienced a significant jump in holdings, with a substantial 142.8% increase from Q1 to Q2 2023. This surge suggests that investors have been bullish on the technology sector and have increased their exposure to this particular fund.

INVESCO EXCHANGE TRADED FD T (SPHQ)

The INVESCO EXCHANGE TRADED FD T (SPHQ) saw a marginal change of 0.7% in its holdings during the same period. This indicates relatively stable investments in this fund, with investors maintaining their positions rather than actively trading.

SCHWAB STRATEGIC TR (SCHG)

Investors showed strong interest in the SCHWAB STRATEGIC TR (SCHG) fund, resulting in a substantial increase of 63.4% in holdings. This surge highlights the attractiveness of this fund's investment strategy and its ability to generate favorable returns.

ISHARES TR (DGRO)

The ISHARES TR (DGRO) witnessed an impressive 3226.9% increase in holdings from Q1 to Q2 2023. This surge indicates a significant shift in investor sentiment towards dividend growth investments, fueling the fund's exceptional growth.

ISHARES TR (IVV)

Another iShares fund, ISHARES TR (IVV), experienced a 19.8% increase in holdings during the specified period. This growth suggests continued confidence in the fund's ability to provide exposure to the broader market and generate consistent returns.

APPLE INC (AAPL)

Apple Inc (AAPL), a widely renowned technology company, saw a substantial 70.5% increase in holdings. This significant surge indicates investors' confidence in Apple's performance and its ability to deliver value in the long run.

INVESCO QQQ TR (QQQ)

The INVESCO QQQ TR (QQQ) attracted increased investor interest, resulting in a remarkable 77.1% surge in holdings. This growth reflects the popularity of this fund, which focuses on the Nasdaq-100 Index, and the anticipation of further advancements in the technology sector.

ISHARES TR (IWF)

Investors showed a renewed interest in the ISHARES TR (IWF) fund, with a 3.8% increase in holdings. This indicates a preference for growth-oriented investments and a confidence in the fund's ability to capture the potential upside of the market.

Conclusion

The 13F holdings report of Redhawk Wealth Advisors, Inc. for the first and second quarters of 2023 provides valuable insights into the changes in holdings of various funds. The increase in holdings of funds such as XLK, DGRO, and QQQ suggests a growing interest in the technology sector and dividend growth investments. On the other hand, stable holdings in funds like SPHQ and IWF indicate investor confidence in maintaining their positions.

As always, it's essential for investors to conduct thorough research and analysis before making any investment decisions. While the 13F holdings report offers valuable information, it should be used as a starting point for further investigation into individual funds and companies. By staying informed and keeping a close eye on market trends, investors can make well-informed decisions and potentially capitalize on emerging opportunities.