Analyzing Barometer Capital Management Inc.'s Q3 vs. Q4 2022 13F Holdings Comparison

Barometer Capital Management Inc. is a Toronto-based investment management firm focused on growth-oriented equities. The firm has a reputation for taking a disciplined investment approach, using fundamental analysis to uncover attractive investment opportunities. In this blog post, we will analyze their Q3 2022 vs. Q4 2022 13F Holdings Comparison.

Lockheed Martin Corp takes the lead

Barometer Capital Management Inc. increased its position in Lockheed Martin Corp, a leading global security and aerospace company. The Q4 2022 shares increased to 30229 from 12170 in Q3 2022, resulting in a staggering increase of 212.8% in value. The investment firm believes the company's strong performance and stable earnings growth justify the investment.

Eli Lilly & Co remains in the top holdings

Barometer Capital Management Inc remained invested in Eli Lilly & Co, a global pharmaceutical company that develops and produces medicines. The shares in Q4 2022 slightly decreased to 38373 from 39747 in Q3 2022, resulting in a dip of 9.2% in value. The company has faced increased pressure from competitors and patent losses. However, the management's innovative approach and robust pipeline continue to put the company in a strong market position.

Canadian Pacific Railway Ltd sees a promising quarter

Barometer Capital Management Inc slightly increased its position in Canadian Pacific Railway Ltd, which operates a transcontinental railway in Canada and the United States. The Q4 2022 shares rose to 187090 from 145190 in Q3 2022, resulting in a growth of 4.2% in value. With the increase in trade and demand for goods, the railway is expected to observe healthy growth in the future, making it an attractive investment opportunity.

Thomson Reuters Corp enters the top holdings

Barometer Capital Management Inc significantly increased its position in Thomson Reuters Corp, a multinational news and information company. The Q4 2022 shares in the company surged to 117488 from zero in Q3 2022. The value of the investment is estimated to be around $13,389 million. The increased demand for data and analytics from industries like finance, legal, and tax led to this promising investment decision.

Merck & Co. Inc also enters the top holdings

Barometer Capital Management Inc made its entry into Merck & Co. Inc, a leading American pharmaceutical company. The Q4 2022 shares increased to 118380 from zero in Q3 2022, with an estimated value of $13,134 million. The management's focus on research and development, combined with strategic collaborations, makes Merck & Co. Inc an attractive long-term investment for the firm.

Bank of Montreal struggles

Barometer Capital Management Inc reduced its position in Bank of Montreal, a leading financial institution in Canada. The Q4 2022 shares decreased to 144538 from 139133 in Q3 2022, resulting in a dip of 22.3% in value. The bank is facing challenges due to the pandemic's impact on the economy, putting the management under pressure to implement strategic measures to bounce back.

Final thoughts

In conclusion, Barometer Capital Management Inc.'s Q3 vs. Q4 2022 13F Holdings Comparison highlights its investment strategy's success. The firm was actively engaged in selling and buying shares, adjusting its portfolio to suit market trends and the performance of various companies. The firm's investment approach continues to focus on identifying promising companies displaying growth potential, leading to sustainable, long-term investment returns.