The Rise and Fall: Analyzing the Q4 2022 vs. Q1 2023 13F Holdings of LexAurum Advisors, LLC
Ava Hoppe | 8 May, 2023
As investors, we all want to know the secret to making the right investment decisions that will ultimately lead to success. While there are no guarantees in the world of finance, keeping an eye on a company's 13F filings is a great way to see how the pros are investing their money. In this blog post, we'll take a closer look at the Q4 2022 vs. Q1 2023 13F holdings of LexAurum Advisors, LLC, and analyze the changes in their portfolio.
At the end of Q4 2022, LexAurum Advisors, LLC held 37 different stocks in their portfolio, with a total value of $179,048,000. By Q1 2023, they had made changes to their holdings, reducing the number of stocks to 35, with a total value of $183,208,000. This represents a 2.3% increase in portfolio value. Let's take a closer look at some of the specific changes and the reasons behind them.
One of the most significant changes in LexAurum Advisors, LLC's portfolio is their increased stake in Apple Inc (AAPL). In Q4 2022, they held 74,621 shares in the tech giant, with a value of $9,695,000. By Q1 2023, they had increased their holdings to 73,209 shares, with a value of $12,072,000 – a significant 24.5% increase. This move is not surprising, given that Apple has been a top performer in the stock market in recent years, with a growing market share and healthy financials.
Another change worth noting is LexAurum Advisors, LLC's increased holdings in the Invesco QQQ Trust (QQQ). In Q4 2022, they held 12,663 shares, with a value of $3,371,000. By Q1 2023, they had increased their stake to 14,736 shares, with a value of $4,729,000 – an impressive 40.3% increase. The QQQ is an ETF that tracks the Nasdaq-100 Index, which is heavily focused on technology stocks. With the tech industry continuing to perform well, it makes sense that LexAurum Advisors, LLC would choose to allocate more of their portfolio in this area.
On the other hand, we can see that LexAurum Advisors, LLC reduced their holdings in some companies. For example, their holdings in Johnson & Johnson (JNJ) decreased from 55,007 shares, with a value of $9,717,000 in Q4 2022, to 55,046 shares, with a value of $8,532,000 in Q1 2023 – a considerable 12.2% drop. The reason behind this change is unclear, but it could be related to concerns about the company's recent legal troubles and the impact it could have on their future growth.
Similarly, we can see that their holdings in Wells Fargo Co New (WFC-L) decreased by 2.8% between Q4 2022 and Q1 2023, despite the fact that the company's stock price increased during this time. This reduction could be related to concerns about the banking industry's performance in the current economic climate.
In conclusion, analyzing a company's 13F filings is an essential part of understanding how successful investors are allocating their resources. LexAurum Advisors, LLC's Q4 2022 vs. Q1 2023 holdings show that they have been making strategic moves to increase their portfolio value, primarily by investing in technology stocks. However, they have also reduced their holdings in some companies, perhaps due to concerns about industry trends or specific company performance. As always, it's important to conduct your research and due diligence before making any investment decisions.
Other Posts
- Comparing Birinyi Associates Inc.'s Q3 & Q4 2022 Holdings: Analysis & Changes to Keep an Eye On
- Monte Financial Group, LLC Q3 2023 vs. Q4 2023 13F Holdings Comparison
- Noteworthy Changes in Concorde Asset Management Fund's Q3 and Q4 2022 13F Holdings
- Comparing Physicians Financial Services, Inc. Q3 2022 vs. Q4 2022 13F Holdings
- Ridgemont Equity Partners Leads Recapitalization to Support National Power’s Growth
- Westside Investment Management, Inc. Q1 2023 vs. Q2 2023: A Comprehensive Analysis of 13F Holdings Changes
- 13F Holdings Comparison: QVT Financial LP Transitions in Q3 and Q4 2022
- Navigating the Future of Packaging: How ProAmpac's Acquisition of Gelpac Signals a Brighter, Greener Horizon
- Cambridge Advisors Inc. Q2 2023 vs. Q3 2023 13F Holdings Comparison
- Navigating Shifts in Investment Strategies: Strategic Advisors' 2023 Portfolio Dynamics