Analyzing Main Street Research LLC's Q4 2022 vs. Q1 2023 Holdings

As one quarter transitions to another, there are always changes in investments and holdings made by fund managers. Main Street Research LLC is no exception. In this article, we will analyze the changes in holdings from Q4 2022 to Q1 2023 to see how this fund has adjusted its portfolio.

First, let's take a look at some of the top holdings of Main Street Research LLC as of Q4 2022. Apple Inc was the top holding with 283,567 shares, followed by Procter and Gamble Co with 258,100 shares. Novo-Nordisk A S, McKesson Corp, and Visa Inc were also among the top five holdings.

However, when we look at the Q1 2023 holdings, we see that there were a few changes. Apple Inc is still at the top, but the number of shares has decreased to 270,348. Meanwhile, Procter and Gamble Co increased their holdings slightly to 259,240 shares. Novo-Nordisk A S also decreased their holdings slightly to 239,111 shares, but Visa Inc increased their holdings to 124,306 shares.

One interesting change in holdings was for Elevance Health Inc. In Q4 2022, Main Street Research LLC held 59,448 shares of this company. However, in Q1 2023, they only held 60,190 shares. This is a negligible increase of only 0.8%, but it's noteworthy because Elevance Health Inc is a relatively small company.

On the other hand, some companies saw much larger changes in holdings. For example, Cisco Systems Inc saw a 4.1% increase in holdings, while Boston Scientific Corp saw a 100% increase in holdings (from 0 shares to 10,444 shares). Meanwhile, other companies saw significant decreases in holdings. For instance, Automatic Data Processing Inc saw a 1.2% decrease in holdings, while Thermo Fisher Scientific Inc and Colgate Palmolive Co both saw 0.6% decreases in holdings.

It's also worth noting that there were a few holdings that were liquidated entirely. Booking Holdings Inc, Tractor Supply Co, Unilever PLC, and Applied Materials Inc all had zero shares held by Main Street Research LLC in Q4 2022. However, in Q1 2023, two of these companies had shares purchased again. Booking Holdings Inc had 4,854 shares purchased, while Tractor Supply Co had 51,784 shares purchased.

Overall, the changes in holdings from Q4 2022 to Q1 2023 for Main Street Research LLC were varied. Some companies saw large increases in holdings, while others saw significant decreases. Meanwhile, a few companies were sold off entirely, while others had shares purchased again. It will be interesting to see how these holdings continue to change as time goes on.