Strategic Advisors LLC Q4 2022 vs. Q1 2023: A Deep Dive into its Holdings

The Securities and Exchange Commission (SEC) requires institutional investment managers with $100 million or more in assets to submit a Form 13F every quarter to disclose the fund holdings. Strategic Advisors LLC, one of the famous investment management firms, recently released its Q4 2022 and Q1 2023 13F holdings comparison report. In this article, we will discuss the key changes in the fund's holdings and analyze how these changes could impact the investment strategy of Strategic Advisors LLC.

Technology Stocks: Apple, Microsoft, and NVIDIA

Strategic Advisors LLC's top three holdings remain the same: Apple (AAPL), Microsoft (MSFT), and NVIDIA (NVDA). In terms of shares and value, there were minor fluctuations between Q4 2022 and Q1 2023. Apple remains the top holding, with more than 247 thousand shares valued at around $40 million. However, NVIDIA's holdings increased significantly, with shares rising by 14% and a whopping 82.3% increase in value. Strategic Advisors LLC's increased investment in NVIDIA indicates the fund's bullish outlook on the company's future growth and potential dominance in the graphics processing unit (GPU) market.

Retail Stocks: Home Depot and Costco

Two major retail giant stocks, Home Depot (HD) and Costco (COST), saw a decline in Strategic Advisors LLC's holdings between Q4 2022 and Q1 2023. In terms of shares, Home Depot and Costco's holdings decreased by 1.4% and 5.8%, respectively. However, Home Depot's valuation declined by 7.1%, indicating that Strategic Advisors LLC may have sold its shares, while Costco's valuation took only a minor hit, declining by 2.5%.

Pharmaceutical and Healthcare Stocks: Johnson & Johnson, Pfizer and UnitedHealth Group Inc.

Strategic Advisors LLC also holds positions in several pharmaceutical and healthcare stocks, including the renowned Johnson & Johnson (JNJ), Pfizer (PFE), and UnitedHealth Group Inc. (UNH). Johnson & Johnson's holdings increased by 6.4% in shares but dropped by 6.4% in value, whereas Pfizer's holdings increased by 3.1% in shares but fell by 17.9% in value. On the other hand, UnitedHealth Group's holdings decreased by just 1% in shares, but its value plummeted by 11%.

Positive Changes in Initial Public Offerings (IPOs) and Emerging Technologies

Strategic Advisors LLC's positive sentiment towards emerging technologies and IPOs is evident from its holdings in companies like Snowflake Inc. (SNOW), CrowdStrike Holdings Inc. (CRWD), and Airbnb Inc. (ABNB). CrowdStrike and Snowflake's holdings increased by more than 50% in shares and value, indicating a bullish outlook towards these cybersecurity and cloud computing companies. Airbnb's holdings increased by 44.8% in shares and 45% in value, showing the fund's belief in the travel giant's growth trajectory despite the pandemic chaos.

Conclusion

Strategic Advisors LLC's Q4 2022 vs. Q1 2023 13F holdings comparison report reveals the fund's investment strategy and provides insights into its bullish and bearish outlook on different sectors. The report highlights the fund's inclination towards emerging technologies, IPOs, and the technology sector's leaders. However, the decline in healthcare and retail holdings indicates that Strategic Advisors LLC may be hedging its positions and diversifying its portfolio. Overall, by examining the fund's holdings, we can conclude that Strategic Advisors LLC remains optimistic about the US equity market's future growth.