A deep dive into Morse Asset Management's Q3 vs. Q4 2022 13F holdings

Investment firms undergo a series of changes to their investment portfolios to maximize returns and minimize risks. One of the ways these firms ensure they are maximizing profits is by regularly disclosing their holdings to the public. These disclosures offer insights into their overall trading behavior, helping investors make informed decisions. One such firm is Morse Asset Management, Inc. In this blog post, we'll analyze the changes made to their Q3 and Q4 2022 13F holdings.

Introduction

Morse Asset Management, Inc. is a Massachusetts-based investment firm that focuses on alternative asset management. The firm's portfolio consists of a wide range of assets, including public and private equity, real estate investments, and debt securities. The Securities and Exchange Commission (SEC) requires all investment management firms with assets over $100 million to file a quarterly Form 13F report. These reports disclose the firm's holdings and any changes made in the previous quarter. By analyzing these reports, investors gain valuable insights into the firm's investment strategy.

Analysis

We analyzed Morse Asset Management's Q3 vs. Q4 2022 13F holdings report to identify any changes made to the portfolio. Here are some of the significant changes made:

Technology

The company reduced its stake in Amazon.com Inc. by a staggering 45.1%, selling 28,805 shares. Its holdings in Alphabet Inc Cap Stock Cl A were also reduced by 22.2%, with the sale of 17,800 shares. However, the firm increased its holdings in Microsoft Corp by 1.4%, adding 783 shares to the portfolio.

Healthcare

Morse Asset Management increased its holdings in UnitedHealth Group Inc by 3.1%, gaining over 400 shares in Q4 2022. Its stake in Abbvie Inc was also marginally reduced by 0.7%, with a net decrease of 437 shares in the portfolio. The company purchased 900 shares of Intuitive Surgical Inc, increasing its holdings by 46.3%.

Energy

Morse Asset Management did not make significant changes to its energy holdings. The company's holdings in Chevron Corp rose from 5,527 to 6,845 shares, an increase of 23.8%. Meanwhile, its investment in Pioneer Natural Resources Co jumped 59.7%, with the purchase of 3,926 additional shares in Q4 2022.

Consumer Discretionary

In the consumer discretionary space, Morse Asset Management reduced its holdings in Lululemon Athletica Inc by 15.9% and the Walt Disney Co by 12.2%. However, the firm increased its stake in Estee Lauder Cos Inc Cl A by an astounding 96.1%, purchasing 6,156 shares.

Conclusion

From the analysis above, we see that Morse Asset Management made significant changes to some of its technology, healthcare, and consumer discretionary holdings. The company reduced its stake in Amazon.com and Alphabet Inc but, at the same time, increased its holdings in Microsoft Corp and Intuitive Surgical Inc. It is interesting to note that the company made investments in Estee Lauder despite decreasing its stake in Disney and Lululemon Athletica. This indicates a shift in the company's investment strategy, and it will be interesting to see how these investments perform over the next few quarters. Investors can use this information to gain insights into the company's investment behavior and to make informed decisions about their own investment strategies.