Analyzing Changes in Highlander Capital Management's 13F Holdings for Q3 and Q4 2022

Highlander Capital Management, LLC is a hedge fund with over $1 billion in assets under management. They recently released their Q3 2022 and Q4 2022 13F holdings comparison, which details changes to the fund's holdings over this period. In this blog post, we will take a closer look at the changes in holdings of Highlander Capital Management, LLC and what they might mean.

The first thing to note is that some of the holdings remained the same over the period, such as Unitedhealth Group Inc, Microsoft Corp, and McDonald's Corp. This indicates that Highlander Capital Management maintains a strong conviction in these companies and sees them as long-term holdings.

However, there were several stocks that saw significant changes in the number of shares held by the fund. For example, the fund increased its holdings in Berkshire Hathaway Inc by 2.6% and in Stryker Corp by 20.7%. These increases suggest that Highlander Capital Management has a positive outlook on these companies and expects their stock prices to rise in the near future.

On the other hand, there were some stocks where the fund decreased its holdings. The most significant decrease was in Amazon, with a 31.9% decrease in the number of shares held. This decrease is likely due to concerns about the company's valuation and potential regulatory changes. The fund also reduced its holdings in Apple Inc, down 6%, and Alphabet Inc, down 7.7%. These decreases could suggest that the fund is liquidating its positions in these companies.

There were also a few new holdings added during the period. The fund purchased shares in Aramark, Builders Firstsource Inc, and Automatic Data Processing Inc. These additions suggest that Highlander Capital Management sees value in these companies and believes that they have growth potential.

In terms of sector changes, the fund increased its exposure to the financial sector. Bank of New York Mellon Corp and JPMorgan Chase were two of the fund's top holdings, and their value increased by 24% and 28.3%, respectively. This increase is likely due to a positive outlook on the financial sector as the US economy continues to recover.

The fund also increased its exposure to the energy sector through holdings in Chevron Corp and Kinder Morgan Inc. This increase could suggest that the fund sees value in these companies as they benefit from rising oil prices.

Finally, there were a few holdings with negative returns over the period. The most significant decrease was in Warner Bros. Discovery Inc., down 20.7%. Other companies with negative returns include Alphabet Inc, down 7.7%, and Disney Walt Co. Disney Com, down 6.6%. These decreases could indicate that the fund is cautious about these companies and is reducing its positions in anticipation of further declines.

In conclusion, the Q3 2022 and Q4 2022 13F holdings comparison by Highlander Capital Management, LLC showed a mix of changes in the fund's holdings. The fund increased its holdings in some companies while decreasing them in others, and added new holdings as well. Positive returns in the financial and energy sectors suggest that the fund sees value in these areas, but decreases in some technology holdings and Warner Bros. Discovery Inc. point to caution in those sectors. Overall, this comparison gives investors a valuable insight into how a prominent hedge fund like Highlander Capital Management, LLC manages its portfolio.