Advisors Capital Management's Q3-Q4 2022 13F Holdings Report Provides Key Insights Into Fund's Investment Strategy.

Advisors Capital Management, LLC, a registered investment advisory firm, recently released its 13F holdings comparison for Q3 2022 and Q4 2022. This report provides valuable insights into the fund's investment strategy and how it has evolved over a period of three months.

One of the most striking observations from the report is the fund’s significant increase in holdings of Chevron Corp. (CVX). The fund increased its holdings from 315,596 shares in Q3 2022 to 394,356 shares in Q4 2022, representing a change of 20.2%. This increase in holdings is significant and suggests the fund sees considerable value in the energy sector.

On the other hand, the fund reduced its holdings of Apple Inc. (AAPL) from 785,094 shares in Q3 2022 to 820,788 shares in Q4 2022, representing a reduction of 8.4%. The value of these holdings also decreased from $116,414,000 to $106,645,000, reflecting a bearish view of the company's future prospects.

Another major change in the fund's holdings is its investment in the Blackstone Group (BX). The fund increased its holdings from 594,771 shares in Q3 2022 to 600,479 shares in Q4 2022, representing a change of negative 26.1%. This indicates the fund had a pessimistic view of the private equity firm's prospects.

It is also interesting to note that the fund acquired 2.2 million shares of the Invesco exchange-traded fund (BKLN), which tracks the S&P/LSTA U.S. Leveraged Loan 100 Index. This investment is significant as it suggests the fund is looking for opportunities in the fixed income markets.

Additionally, the fund increased its holdings in Visa Inc. (V) by 28.5%, from 119,621 shares in Q3 2022 to 153,098 shares in Q4 2022, with the value of these holdings increasing from $24,745,000 to $31,808,000. This indicates a bullish view of the payment processing company's future prospects.

Similarly, the fund increased its holdings of Ares Capital Corporation (ARCC) from 2.8% to 0.8%, indicating a bullish outlook on the business development company's future prospects.

The fund also acquired positions in GXO Logistics Incorporated (GXO) and Rithm Capital Corp (RITM), while reducing its holdings in Amazon.com Inc (AMZN) by 36.9% and Citigroup Inc (C) by 33.4%.

Overall, the fund's Q3 2022 to Q4 2022 13F holdings comparison provides valuable insights into its investment strategy and outlook. The fund seems to be bullish on energy and payment processing companies, while bearish on some of the tech giants. These holdings changes are worth keeping an eye on, as they could provide valuable indicators of future trends in the financial markets.