SOL Capital's Q4 2022 vs. Q1 2023: A Deep Dive into the Fund's Holdings

SOL Capital Management Co. is an investment management firm that offers a range of investment strategies to its clients. The firm recently released its 13F filings for the fourth quarter of 2022 and the first quarter of 2023. In this article, we will take a closer look at the changes in SOL Capital's holdings between the two quarters.

But first, what is a 13F filing? A 13F filing is a quarterly report filed by institutional investment managers in the US to the Securities and Exchange Commission (SEC). The report contains a list of all the institutional investment manager's equity assets under management that are held in publicly traded companies. The 13F filing provides valuable information to investors and the public about the investment strategies of institutional investment managers.

Now, let's get back to SOL Capital's Q4 2022 vs. Q1 2023 holdings comparison. The company holds a diverse portfolio of stocks and ETFs. In Q4 2022, SOL Capital had holdings in 49 stocks and ETFs with a total value of $204,648,000. At the end of Q1 2023, the company had holdings in 51 stocks and ETFs worth $229,250,000. This represents a substantial increase of 12% in the total value of holdings between the two quarters.

Looking at the top holdings in Q4 2022, we see that SOL Capital's largest position was in Capital Group International Fo (CGXU). The fund held 585,136 shares of CGXU, worth $12,188,000. In Q1 2023, SOL Capital increased its position in CGXU to 710,506 shares, worth $16,476,000, an increase of 35.2%.

Another area where SOL Capital increased its holdings was in PIMCO Dynamic Income Opportuni (PDO). In Q4 2022, SOL Capital held 917,109 shares in PDO, worth $11,711,000. In Q1 2023, the company increased its holdings to 1,047,459 shares, worth $12,988,000, an increase of 10.9%.

On the other hand, there were also some holdings that SOL Capital reduced in Q1 2023. For instance, the company decreased its holdings in Invesco KBW Bank ETF (KBWB) by 12.5%. In Q4 2022, SOL Capital held 299,999 shares of KBWB, worth $15,485,000. In Q1 2023, the company decreased its position to 322,746 shares, worth $13,545,000.

Similarly, SOL Capital reduced its position in PIMCO Short Maturity ETF (MINT) by 23.3% between the two quarters. In Q4 2022, SOL Capital held 82,066 shares of MINT, worth $8,095,000. In Q1 2023, the company decreased its position to 62,531 shares, worth $6,206,000.

In conclusion, SOL Capital Management Co. made significant changes in its holdings between Q4 2022 and Q1 2023. The company increased its holdings in some positions, while reducing its holdings in others. The 13F filings provide valuable insight into the portfolio of institutional investment managers and their investment strategies. It is important to note that these filings represent a snapshot of an institution's holdings and do not necessarily reflect the institution's current or future investment positions.