Securian Asset Management, Inc Q4 2022 vs. Q1 2023 13F Holdings Comparison

Securian Asset Management, a Minnesota-based investment firm, recently filed its 13F forms for the fourth quarter of 2022 and the first quarter of 2023. The documents reveal the changes the firm made to its holdings during the period, offering a glimpse into its investment strategy. In this article, we break down the data to provide insights into the firm's moves and the market trends the changes reflect.

Tech Stocks Remain Strong

Securian Asset Management's biggest bet is Apple Inc., which it continued to hold in both quarters. The firm sold some shares, but the difference was negligible, and it still holds over 1.2 million shares of the tech giant. The investment firm also maintained its position in Microsoft Corp. Both tech stocks continued to perform well in the market, with Apple posting a 26.8% increase in value, and Microsoft increasing in value by 20.7%.

Amazon and NVIDIA Witness Significant Growth

Among the biggest gainers in the period were Amazon.com Inc. and NVIDIA Corporation, which grew in value by 24.2% and 88.6%, respectively. Securian Asset Management upped its positions in both stocks, with the former increasing holdings by over 7,500 shares and the latter adding over 1,600 shares to its portfolio.

The Rise and Fall of ISHARES TR

Securian Asset Management's biggest decrease in holdings came from its position in ISHARES TR, with three of its funds experiencing significant declines. In particular, the USMV fund lost 9.4% in value, followed by HDV (-4.8%) and EFAV (-0.1%). The investment firm also took a hit from its holdings in iShares TR's ISHARES INC and SPDR S&P 500 ETF TR funds, which lost 1.2% and 5.3%, respectively.

VANGUARD INDEX FDS and PFE Fall Flat

Securian Asset Management's holdings in Vanguard Index Fds also dropped, with the VOO fund declining by 63.8%. Its position in Pfizer Inc. also dipped, losing 20% in value over the period.

Other Notable Changes

Several other stocks showed significant changes in value and/or holdings for Securian Asset Management. These included:

- TESLA INC, which grew by 69.5%, as the firm upped its positions in the company by over 1,400 shares.

- ALPHABET INC (GOOGL and GOOG), which gained 17.7% and 15.4% in value, respectively, as the firm upped its position in GOOGL and maintained holdings in GOOG.

- SALESFORCE INC, which witnessed significant growth of 51.8% in value, with the firm adding over 600 shares to its holdings.

Conclusion

Securian Asset Management's 13F filings offer a glimpse into its investment strategy over the Q4 2022 to Q1 2023 period. The data reflects the firm's focus on tech stocks, particularly Apple and Microsoft, which have continued to perform well in the market. The firm also made some significant changes to its holdings, with some funds experiencing sharp declines, while others showed substantial gains. Overall, the filings suggest that Securian Asset Management is keeping a close eye on market trends and making strategic moves to maximize its returns.