AR Asset Management Inc Q4 2022 vs. Q1 2023 13F Holdings Comparison: Key Takeaways Revealed

Investors are always on the lookout for insightful data on market changes, and the latest quarterly 13F filings of AR Asset Management Inc - a notable institutional investor- is one to watch out for. Based on the latest Q4 2022 vs. Q1 2023 comparison, several holdings in their portfolio underwent significant changes, with some showing an impressive number of percentage growth.

Let's take a closer look at some of the top takeaways from the latest AR Asset Management Inc 13F holdings comparison.

Biggest Purchases

Microsoft Corporation (MSFT) was among the top buys for the institution in the previous quarter. The firm increased its holdings by over 25% to 24279 shares, with a market value of $7000 a share.

Amazon.com, Inc. (AMZN) shares were also among the most significant purchases for the firm, with an increase of over 250% to 23595 shares, worth over $2400.

General Motors Company (GM) was another notable purchase with an astounding 77% increase in holdings, valued at $2333 per share.

Biggest Sales

Since the last quarter, AR Asset Management Inc significantly reduced its holdings in Pfizer Inc. (PFE) by over 20% to 141575 shares, with a market value of $5776 per share. In comparison, the PHILIP MORRIS INTERNATIONAL-AL (PM) holdings reduced by almost 4% to 112506 shares.

Johnson & Johnson (JNJ) shares also saw a significant decrease in AR Asset Management Inc's portfolio, losing over 12% of its holdings, valued at $6326 per share. Similarly, Procter & Gamble Co. (PG) dropped almost 2%, with 75109 shares, worth $11168 per share.

New Comers

Several fresh names now appear in AR Asset Management Inc's portfolio, with some first-time purchases. Digital Realty Trust, Inc. (DLR) made an entry, with 22840 shares worth over $2245 per share, while SEMPRA ENERGY (SRE) was another new addition, with 14500 shares worth $2192 per share.

Other notable newcomers include VICI Properties Inc. (REIT) (VICI), with 100150 shares worth $3267 per share, and Prometheus Biosciences, Inc. (RXDX), 50414 shares worth $5410 per share.

Portfolio Changes

Overall, AR Asset Management Inc made some notable changes to its holdings in Q1 2023 compared to the previous quarter. The firm's portfolio value decreased by around 1%, based on company filings.

Some of the biggest changes in the portfolio included an increase in technology and real estate holdings, with notable investments in Microsoft Corporation (MSFT) and VICI Properties Inc. (REIT) (VICI).

In contrast, energy and consumer staple holdings decreased, including notable drops in Chevron Corp (CVX) and Kinder Morgan, Inc. (KMI).

Final Thoughts

AR Asset Management Inc's latest 13F filings have highlighted some notable purchases, sales, and new-comers in their Q1 2023 portfolio, pointing to some potential trends in the stock market. Although investors must exercise caution when interpreting such data and seek professional advice, the insights gleaned can be valuable when making investment decisions.