Selective Wealth Management, Inc. Q3 2023 vs. Q4 2023 13F Holdings Comparison

Introduction:

In the world of investments, tracking changes in holdings is crucial for wealth management firms. This analysis focuses on the Q3 2023 and Q4 2023 13F holdings comparison of Selective Wealth Management, Inc. The following article highlights the significant changes in their portfolio and provides insights into the shifting landscape of the market.

Changing Landscape of Holdings:

1. VANGUARD INDEX FDS (VOO):

- Q3 2023 (SHARES): 124,221

- Q4 2023 (SHARES): 130,942

- Q3 2023 VALUE ($000): 48,476

- Q4 2023 VALUE ($000): 56,230

- Chg %: 16%

The holdings of VANGUARD INDEX FDS (VOO) increased by 6,721 shares, representing a 16% change. This suggests that Selective Wealth Management, Inc. had a positive outlook on this particular investment fund.

2. ISHARES TR (SGOV):

- Q3 2023 (SHARES): 110,505

- Q4 2023 (SHARES): 138,275

- Q3 2023 VALUE ($000): 11,083

- Q4 2023 VALUE ($000): 13,875

- Chg %: 25.2%

The holdings of ISHARES TR (SGOV) saw a substantial increase of 27,770 shares, indicating a 25.2% change. This significant change suggests that Selective Wealth Management, Inc. had a high level of confidence in this investment fund.

3. WISDOMTREE TR (WCLD):

- Q3 2023 (SHARES): 345,911

- Q4 2023 (SHARES): 358,111

- Q3 2023 VALUE ($000): 9,993

- Q4 2023 VALUE ($000): 11,635

- Chg %: 16.4%

Selective Wealth Management, Inc. increased its holdings in WISDOMTREE TR (WCLD) by 12,200 shares, signifying a 16.4% change. This suggests that they saw potential and growth in this investment.

4. J P MORGAN EXCHANGE TRADED F (JEPI):

- Q3 2023 (SHARES): 160,987

- Q4 2023 (SHARES): 145,487

- Q3 2023 VALUE ($000): 8,506

- Q4 2023 VALUE ($000): 7,971

- Chg %: -6.3%

Selective Wealth Management, Inc. reduced its holdings in J P MORGAN EXCHANGE TRADED F (JEPI) by 15,500 shares, signifying a 6.3% decrease. This suggests a potential shift in their strategy or a change in outlook for this specific investment.

5. META PLATFORMS INC (META):

- Q3 2023 (SHARES): 23,702

- Q4 2023 (SHARES): 21,848

- Q3 2023 VALUE ($000): 7,242

- Q4 2023 VALUE ($000): 7,583

- Chg %: 4.7%

META PLATFORMS INC (META) witnessed a decrease in holdings by 1,854 shares, representing a 4.7% change. This adjustment indicates a slight reduction in Selective Wealth Management, Inc.'s exposure to this investment.

6. SALESFORCE INC (CRM):

- Q3 2023 (SHARES): 32,111

- Q4 2023 (SHARES): 29,625

- Q3 2023 VALUE ($000): 6,482

- Q4 2023 VALUE ($000): 7,442

- Chg %: 14.8%

Selective Wealth Management, Inc. reduced its holdings in SALESFORCE INC (CRM) by 2,486 shares, representing a 14.8% decrease. This adjustment indicates a potential shift in their strategy or a change in outlook for this investment.

7. ISHARES TR (IVV):

- Q3 2023 (SHARES): 13,488

- Q4 2023 (SHARES): 12,902

- Q3 2023 VALUE ($000): 5,753

- Q4 2023 VALUE ($000): 6,058

- Chg %: 5.3%

Selective Wealth Management, Inc. decreased its holdings in ISHARES TR (IVV) by 586 shares, indicating a 5.3% change. This slight adjustment signifies a potential reevaluation of their investment in this fund.

Conclusion:

Selective Wealth Management, Inc. made strategic adjustments to its holdings in Q3 and Q4 2023. The increases in holdings of VANGUARD INDEX FDS (VOO) and ISHARES TR (SGOV) suggest a favorable outlook on these investment funds. However, the reduction in holdings of J P MORGAN EXCHANGE TRADED F (JEPI) and SALESFORCE INC (CRM) indicates a potential change in strategy or outlook. As the market evolves, it is essential for wealth management firms to make informed decisions and adapt their portfolios to capitalize on new opportunities.