Bridgecreek Investment Management's Q3 vs. Q4 2022 13F Holdings: Notable Changes in Portfolio

Bridgecreek Investment Management, LLC Q3 2022 vs. Q4 2022 13F Holdings Comparison

As we move forward through the third and final quarter of 2022, many investment firms are assessing their quarter over quarter holdings and making changes based on market conditions and new strategies. One such firm, Bridgecreek Investment Management, recently released their 13F holdings for Q3 and Q4 2022.

The data shows that the firm made some significant changes between the two quarters, selling off some positions and adding to others. Here is a closer look at some of the most notable changes in Bridgecreek Investment Management's holdings between Quarter 3 and Quarter 4 of 2022.

Apple Inc (AAPL)

Bridgecreek Investment Management sold off some shares of Apple in Q4, reducing their position from 221,991 shares to 217,895. The change represents a 7.7% reduction in the firm's holdings of the technology giant. The value of the shares decreased from $30,679,000 to $28,311,000.

Paycom Software Inc (PAYC)

Bridgecreek Investment Management also sold off some shares of Paycom Software in Q4, reducing their position from 80,965 to 75,970. This change represented an 11.8% reduction in holdings. The value of the shares decreased from $26,718,000 to $23,574,000.

IDEXX Labs Inc (IDXX)

IDEXX Labs Inc was one of the few stocks that the firm added to their portfolio in Q4. Quarter over quarter holdings increased from 53,295 shares to 50,995 shares, a 19.8% increase in the firm's stake. The value of the shares rose from $17,364,000 to $20,803,000.

Intuitive Surgical Inc (ISRG)

Intuitive Surgical Inc was another stock that Bridgecreek Investment Management added to their holdings in Q4. The firm increased its position from 81,510 shares to 78,010 shares, a 35.5% increase over the third quarter. The value of the shares rose from $15,278,000 to $20,699,000.

Amazon.com Inc (AMZN)

Amazon.com Inc was one of the stocks that Bridgecreek Investment Management sold off in Q4. The firm reduced its holdings from 214,240 shares to 199,650 shares, resulting in a 30.7% reduction in the firm's position. The value of the shares also decreased from $24,209,000 to $16,770,000.

Morgan Stanley (MS)

Morgan Stanley was one of the few stocks that Bridgecreek Investment Management held steady on between Q3 and Q4. The firm maintained its position in the stock at 183,780 shares both quarters, indicating they continued to have confidence in their investment. The value of the shares increased from $14,520,000 to $15,582,000.

Nvidia Corporation (NVDA)

Nvidia Corporation was another stock that Bridgecreek Investment Management maintained holdings in at the same level between Q3 and Q4. The firm held 117,195 shares in both quarters, holding steady even though the value of the shares increased from $14,226,000 to $15,285,000.

UnitedHealth Group Inc (UNH)

UnitedHealth Group Inc saw a slight reduction in Bridgecreek Investment Management's holdings between Q3 and Q4. The firm's position in the stock decreased from 28,035 shares to 27,650 shares, a 3.5% reduction. The value of the shares also decreased from $14,159,000 to $14,659,000.

Adobe Systems Incorporated (ADBE)

Adobe Systems Incorporated was another company that Bridgecreek Investment Management added to their holdings in Q4. The firm increased their position in the stock from 37,630 shares to 37,695 shares, a 22.5% increase in holdings. The value of the shares also rose from $10,356,000 to $12,685,000.

Phillips 66 (PSX)

Phillips 66 was one of the few stocks that Bridgecreek Investment Management increased its position in between Q3 and Q4. The firm increased its stake from 115,890 shares to 112,990 shares, a 25.7% increase in holdings. The value of the shares also increased from $9,355,000 to $11,759,000.

Overall, Bridgecreek Investment Management made some significant changes to their portfolio between Q3 and Q4 2022, reducing holdings in some stocks while increasing them in others. It is clear that the firm is paying close attention to market conditions and is taking action to position the portfolio for success in the current climate.