Analyzing Perigon Wealth Management's 13F Holdings: Q4 2022 vs. Q1 2023

Perigon Wealth Management, LLC is a privately owned investment advisor firm specializing in portfolio management services to high net worth individuals, institutions, and foundations. As a registered investment advisor, Perigon Wealth Management, LLC is required to file a quarterly report disclosing their holdings. This report, known as the 13F, provides valuable insights into the investment trends of the firm.

In this article, we will analyze Perigon Wealth Management's 13F holdings for Q4 2022 and Q1 2023 and highlight the changes in their holdings during this period. Based on the data from the 13F report, we will identify the top holdings, winners, and losers, and provide insights into the investment strategy of the firm.

Top Holdings

Perigon Wealth Management's top holdings consist of the largest companies in the world, indicating a preference for blue-chip stocks. The top five holdings of the firm remained unchanged during the period, consisting of Apple Inc., Union Pac Corp, NVIDIA Corporation, Dimensional ETF Trust, and Vanguard Index FDS.

Apple Inc. retained the top spot in the portfolio, with 813,564 shares worth $134,156,000. The shares held by the firm decreased by 0.4% during Q1 2023. Despite the decrease in shares, the value of the holding increased by 26.4%, indicating a bullish view on the stock.

Winners

Perigon Wealth Management's portfolio performed well during the period, with most of their holdings experiencing significant gains. NVIDIA Corporation was the biggest winner in the portfolio, with the firm increasing their holdings by 0.2% and the value of the holding increasing by 90.4%. This indicates that Perigon Wealth Management has confidence in the future growth potential of the company.

Other notable winners in the portfolio include Meta Platforms Inc., C3 AI Inc., Ishares Tr, and Vanguard Mun BD FDS. These holdings experienced gains of 79.5%, 202.6%, 43.5%, and 34.7%, respectively.

Losers

Despite the portfolio's overall strong performance, there were a few losers during the period. Johnson & Johnson was the biggest loser in the portfolio, with Perigon Wealth Management reducing their holdings by 1.06%. The value of the holding also decreased by 13.2%, indicating a bearish view on the stock.

Other notable losers in the portfolio include Vanguard Index FDS, Home Depot Inc., and Chevron Corp New. Vanguard Index FDS decreased in value by 23%, while Home Depot Inc. and Chevron Corp New decreased by 6.4% and 6.9%, respectively.

Investment Strategy

Perigon Wealth Management's investment strategy is focused on investing in blue-chip companies with strong fundamentals. The firm's top holdings consist of well-known companies with established track records of success. The firm also has a few growth-oriented holdings in their portfolio, indicating a belief in the future potential of these companies.

During the period, Perigon Wealth Management increased their holdings in companies like C3 AI Inc. and Ishares Tr, indicating a preference for technology-based companies with high growth potential. Conversely, Johnson & Johnson and Vanguard Index FDS had their holdings reduced, indicating a bearish view on these companies.

Conclusion

In conclusion, Perigon Wealth Management's 13F holdings for Q4 2022 and Q1 2023 paint a picture of an investment strategy focused on blue-chip companies with strong fundamentals, while also investing in growth-oriented companies with high potential. The portfolio performed well during the period, with most of their holdings experiencing significant gains. However, there were a few losers in the portfolio, indicating that the firm is not immune to market volatility.