Vishria Bird Financial Group's Q4 2022 vs. Q1 2023 13F holdings comparison: Analysis of changes in holdings and investment strategy.

Introduction:

The 13F filings of prominent funds and institutions help investors know what these big players are investing in, and how their investment strategy is evolving over time. In this article, we analyze the Q4 2022 and Q1 2023 13F filings of Vishria Bird Financial Group, LLC, and summarize the changes in their holdings.

Vishria Bird Financial Group, LLC Q4 2022 vs. Q1 2023 13F Holdings Comparison:

In Q1 2023, Vishria Bird Financial Group, LLC made several changes to its holdings as compared to the previous quarter. In terms of the number of shares held, there were decreases in 20 and increases in 17 holdings. In terms of the value of shares held, there were decreases in 16 and increases in 21 holdings. Overall, the total value of the fund's holdings increased from $131,607,000 to $147,091,000, an increase of 11.8%.

Decreases in Holdings:

The largest decrease in the number of shares held occurred in SCHX - SCHWAB STRATEGIC TR, wherein the fund sold off 166,706 shares, leaving it with just 5,965 shares. The value of the holding also decreased from $7,796,000 to $289,000, a decline of 96.3%. The other significant decreases in holdings occurred in DIA - SPDR DOW JONES INDL AVERAGE, where the fund sold off 331 shares, leaving it with just 1401 shares, and XLY - SELECT SECTOR SPDR TR, where the fund sold off its entire holding of 4,030 shares.

The fund also sold off significant portions of its holdings in PFE - PFIZER INC, BAC - BANK AMERICA CORP, MRNA - MODERNA INC, and NFLX - NETFLIX INC, reducing its holdings to zero shares in these companies.

Increases in Holdings:

The fund's largest increase in both the number of shares held and the value of the holding came from AAPL - APPLE INC. The fund added 1,046 shares, increasing its holdings to 109,379 shares. The value of the holding also increased from $14,347,000 to $18,037,000, a rise of 25.7%.

Other significant increases in the holdings occurred in FDX - FEDEX CORP, where the fund added one share, increasing its holdings to 65,881 shares, and MSFT - MICROSOFT CORP, where the fund added 216 shares, increasing its holdings to 37,799 shares.

New Holdings:

The fund also initiated new positions in META - META PLATFORMS INC and HLAL - LISTED FD TR. It acquired 1,002 shares of META, with a value of $212,000, and 6,000 shares of HLAL, with a value of $234,000.

Position Closures:

Apart from selling off portions of its holdings in various companies, Vishria Bird Financial Group, LLC also closed its positions in four companies - Z - ZILLOW GROUP INC, KWEB - KRANESHARES TR, ZG - ZILLOW GROUP INC, and GERN - GERON CORP.

Conclusion:

In conclusion, Vishria Bird Financial Group, LLC made several changes to its holdings in Q1 2023, with a significant increase in the total value of its holdings. While it sold off portions of its holdings in several companies, it added to its holdings in a few others. It also initiated new positions and closed positions in some companies.

It is important to note that 13F filings only provide a snapshot of the holdings of a fund or institution at a particular point in time. The investment strategy of these funds and institutions can change soon after filing their 13F disclosures. Nonetheless, analyzing these filings can provide significant insight into the investment strategy of these top investors.