Analyzing Q3 vs Q4 2022 13F Holdings Comparison for First National Trust Co: Notable Changes in Top Holdings and Areas of Focus

As we approach a new calendar year, it's important to look back at the changes in holdings of investment funds. In this blog post, we'll be analyzing the Q3 2022 vs. Q4 2022 13F Holdings Comparison for First National Trust Co.

First, let's take a look at the top three holdings for this fund in Q3 2022.

1. Apple Inc (AAPL) - 593,315 shares, valued at $81,996,000

2. SPDR S&P 500 ETF TR (SPY) - 181,738 shares, valued at $64,914,000

3. Microsoft Corp (MSFT) - 273,105 shares, valued at $63,606,000

Moving on to Q4 2022, we see some interesting changes in the top three holdings.

1. Apple Inc (AAPL) - 610,998 shares, valued at $79,386,000

2. SPDR S&P 500 ETF TR (SPY) - 176,762 shares, valued at $67,599,000

3. Microsoft Corp (MSFT) - 275,733 shares, valued at $66,126,000

We can see that the number of shares of Apple Inc increased by 17,683, while the value of the shares decreased by 3.2%. This suggests that while the fund may still have faith in Apple Inc as a company, they may not be as optimistic about the stock's growth potential.

Similarly, the number of shares of SPDR S&P 500 ETF TR decreased by 4,976, but the value of the shares increased by 4.1%. This indicates that the fund may be shifting its focus towards other companies within the S&P 500 index.

On the other hand, Microsoft Corp saw an increase in both the number of shares and the value of the shares. This suggests that the fund may have confidence in the company's future growth potential.

Moving down the list of holdings, we see a significant change in the number of shares and value of shares of SPDR Ser Tr Mid Cap Growth ETF MDYG. In Q3 2022, the fund held 726,309 shares, valued at $43,833,000. In Q4 2022, the number of shares increased to 975,455, while the value of the shares increased to $63,736,000. This represents a massive increase of 45.4%.

Similarly, ISHARES TR Core MSCI EAFE ETF IEFA saw a notable increase in both the number of shares and the value of shares. In Q3 2022, the fund held 554,403 shares, valued at $29,200,000. In Q4 2022, the number of shares increased to 683,179, while the value of the shares increased to $42,111,000. This represents an increase of 44.2%.

It's worth noting that not all holdings saw an increase in value. In fact, some saw a notable decrease. For example, Amazon.com Inc (AMZN) saw a decrease in both the number of shares and the value of shares. In Q3 2022, the fund held 300,990 shares, valued at $34,012,000. In Q4 2022, the number of shares decreased to 289,954, while the value of the shares decreased to $24,356,000. This represents a decrease of 28.4%.

Overall, we can see that First National Trust Co made some notable changes to its holdings between Q3 2022 and Q4 2022. While some companies saw significant increases in both the number of shares and the value of shares, others saw notable decreases. It's important for investors to stay vigilant and keep track of such changes in order to make informed decisions about their investment strategies.