Beech Hill Advisors, Inc. Q4 2022 vs. Q1 2023: A Deep Dive into Fund Holdings

Investors are always on the lookout for the latest trends and insights when it comes to fund holdings. Beech Hill Advisors, Inc. recently released its 13F filings for Q4 2022 and Q1 2023, revealing some interesting shifts in holdings. In this post, we’ll take a closer look at the data and explore what it means for investors.

First off, it’s worth noting that Beech Hill Advisors, Inc. made a number of changes to its holdings during this period. Overall, the firm decreased its holdings in 28 companies, while increasing its holdings in 19. Let’s take a closer look at some of the most noteworthy changes.

Tech Giants

For many years, tech giants like Apple, Alphabet, Amazon, and Microsoft have dominated the stock market. It’s not surprising, then, that these companies continue to capture investors’ attention. Beech Hill Advisors, Inc. decreased its holdings in both Apple and Alphabet during this time, while slightly increasing its holdings in Amazon and Microsoft.

One tech company that saw a big decline in Beech Hill’s holdings was First Solar. The firm reduced its holdings in the company by over 30%, a move that may have been influenced by the company’s somewhat lackluster performance in recent months.

Healthcare

Another industry that featured heavily in Beech Hill’s holdings is healthcare. The firm decreased its holdings in AbbVie and Merck & Co., while increasing its holdings in Humana and Abbott Labs.

Humana, in particular, saw a decent increase in Beech Hill’s holdings, despite the recent controversies surrounding Medicare Advantage. Perhaps this reflects Beech Hill’s confidence in Humana’s ability to weather any storm.

Energy and Utilities

Energy and utilities are often seen as more stable investment options, and Beech Hill’s holdings seem to reflect this. The firm increased its holdings in companies like Williams Cos. and Duke Energy, both of which are considered to be relatively safe investments.

Interestingly, Beech Hill also invested heavily in Chargepoint Holdings, an electric vehicle infrastructure company. This suggests that the firm has high expectations for the growth of the EV market in the coming years.

Other Noteworthy Changes

There were a few other noteworthy changes in Beech Hill’s holdings during this period. The firm significantly decreased its holdings in Procter & Gamble, for example, while increasing its holdings in Kroger and Costco.

Overall, Beech Hill’s Q4 2022 vs. Q1 2023 13F filings provide some interesting insights into current investment trends. While there were a few surprises, such as the decrease in holdings in Procter & Gamble, many of the changes reflect broader shifts in the market. Investors who are looking to stay ahead of the game would do well to take note of these changes and adjust their own portfolios accordingly.