The Changing Landscape of Friedenthal Financial: Q3 2022 vs. Q4 2022

Investors and analysts closely follow quarterly 13F filings to get a sense of the latest holdings and changes in the portfolios of major funds. Friedenthal Financial's latest 13F filing for Q4 2022 reveals some interesting insights into the fund's investment strategy and asset allocation. In this blog post, we will explore the key changes in Friedenthal Financial's Q3 2022 vs. Q4 2022 13F holdings, and what they might mean for the fund's future performance.

Main Body:

At the end of Q3 2022, Friedenthal Financial held 24 different securities, with a total value of $69.5 million. By the end of Q4 2022, the fund had increased its total holdings to 25 different securities, with a total value of $75.9 million. This represents a solid 9.2% increase in the total value of the fund's portfolio over the quarter.

One of the largest increases in the fund's holdings came from iShares ETFs, with two major positions gaining in prominence: iShares Core US Aggregate Bond ETF (AGG) and iShares Edge MSCI Min Vol EAFE ETF (EFAV). AGG wasn't held by Friedenthal Financial in Q3 2022, but by the end of Q4 2022, the fund had acquired 46,197 shares for a total value of $4.48 million, making it one of the largest new bets in Friedenthal Financial's portfolio. EFAV, on the other hand, saw a moderate increase of 3.5% in the number of shares held by Friedenthal Financial, going from 84,966 in Q3 to 84,596 in Q4.

Another major shift in the fund's holdings came from ETFs managed by Schwab and Invesco. Friedenthal Financial completely sold off its holdings in Schwab U.S. Aggregate Bond ETF (SCHZ) in Q4 2022, selling all 131,676 shares for a total value of $5.75 million. In contrast, Invesco's S&P 500 Equal Weight ETF (RSP) saw its position increase by 10.1%, from 24,059 shares in Q3 to 23,856 shares in Q4.

In addition to ETFs, Friedenthal Financial also made some notable changes to its holdings of individual equities. For example, conglomerate Caterpillar Inc (CAT) saw its position in the portfolio increase from zero in Q3 to 3,380 shares worth $810,000 in Q4. Several other individual holdings were sold off entirely, including oil and gas firm Schlumberger Ltd (SLB), retail giant Macy's Inc (M), and pharmaceutical company Gilead Sciences Inc (GILD).

One of the biggest percentage increases in Friedenthal Financial's portfolio came from the iShares 0-5 Year Investment Grade Corporate Bond ETF (SHYG). The fund increased its holdings of SHYG by an incredible 190% over the quarter, going from 56,962 shares worth $2.28 million in Q3 to 161,344 shares worth $6.60 million in Q4.

Conclusion:

Overall, Friedenthal Financial's Q4 2022 13F filing reveals some interesting trends in the fund's investment strategy. The fund has increased its exposure to certain ETFs and individual holdings while selling off others completely. It's clear that Friedenthal Financial continues to adjust its portfolio to take advantage of market trends, and it will be fascinating to see how these changes affect the fund's future performance.