Analysis of Ziegler Capital Management LLC's Q3 and Q4 2022 13F Holdings: Changes and Implications.

Ziegler Capital Management LLC's Q3 2022 vs Q4 2022 13F Holdings Comparison presents a lot of interesting changes to the fund's portfolio. The quarterly report, released by the Securities and Exchange Commission, highlights the investments made by the fund between Q3 and Q4 2022. This post will delve into the report, analyzing the changes in holdings, understanding the reasons for the changes, and examining the possible implications for the market.

Overall, the fund reduced its holdings in several companies, while increasing its stake in others. The total value of the fund's portfolio also decreased from $1,103,762,000 in Q3 2022 to $1,040,790,000 in Q4 2022. The percentage change in value of the portfolio is -5.7%, which is primarily due to a reduction in the value of several technology stocks held by the fund.

Apple Inc (AAPL) is the top holding of the fund, comprising 5.6% of the total value of the portfolio. However, the fund reduced its holdings in the company by 13.8% between Q3 and Q4 2022, selling 52,356 shares. Microsoft Corp (MSFT) is the second-highest holding of the fund, with 7.0% of the total value of the portfolio. The fund reduced its holdings in MSFT by 3.3%, selling 10,263 shares between Q3 and Q4 2022.

Alphabet Inc (GOOGL) is the third-highest holding of the fund, with 5.2% of the total value of the portfolio. The fund reduced its holdings in GOOGL by 12.7%, selling 34,493 shares between Q3 and Q4 2022. This is a significant reduction in holdings, considering that the fund had increased its holdings in GOOGL in the previous quarter. There could be various reasons for the reduction, including profit-taking, diversification, or a lack of confidence in the company's future performance.

On the other hand, the fund increased its stakes in several companies as well. Mastercard Inc (MA) is the fifth-highest holding of the fund, with 4.4% of the total value of the portfolio. The fund increased its holdings in MA by 18.1%, buying an additional 4,610 shares between Q3 and Q4 2022. Visa Inc (V) is the seventh-highest holding of the fund, with 3.2% of the total value of the portfolio. The fund increased its holdings in V by 5.9%, buying an additional 16,542 shares between Q3 and Q4 2022.

Home Depot Inc (HD) is the eighth-highest holding of the fund, with 3.0% of the total value of the portfolio. The fund increased its holdings in HD by 12.5%, buying an additional 739 shares between Q3 and Q4 2022. Chevron Corp New (CVX) is the twenty-first highest holding of the fund, with 1.9% of the total value of the portfolio. The fund increased its holdings in CVX by 21.4%, buying an additional 2,430 shares between Q3 and Q4 2022.

It is interesting to note that the fund increased its holdings in some of the top energy-related stocks, including Chevron Corp New (CVX) and Exxon Mobil Corp (XOM). The fund increased its holdings in XOM by 24.7%, buying an additional 2,769 shares between Q3 and Q4 2022. This could be due to the belief that the energy sector will continue to perform well, especially with global oil prices reaching record highs.

The fund also sold all its shares in Palo Alto Networks Inc (PANW) during Q4 2022, which was not held in Q3 2022. This could be a result of a change in the fund's investment strategy or a lack of confidence in the company's future performance.

Overall, the changes in holdings made by Ziegler Capital Management LLC suggest that the fund's managers are constantly evaluating their investment strategy and adjusting it based on market conditions. The reduction in holdings in several top technology stocks and the increase in holdings in energy-related stocks suggest a shift in investment focus towards sectors that are likely to perform well in the current economic environment.

It's worth noting that while the report provides useful insights, it does not necessarily reflect the entire portfolio of the fund. 13F filings are limited to long positions in equity securities, and do not represent short positions, cash holdings or investments in bonds, commodities, or other non-equity securities. As such, they provide only a limited snapshot of the fund's overall investments.

In conclusion, the Q3 2022 vs Q4 2022 13F holdings comparison by Ziegler Capital Management LLC shows some interesting changes in the fund's portfolio. While there were some significant reductions in holdings in several technology companies, there were also some increases in other sectors. These changes suggest that the fund's managers are keeping a close eye on market trends and adjusting their investment strategy accordingly. The report provides an interesting view of the fund's holdings and provides investors with some valuable insights to consider.