Ceredex Value Advisors LLC Q3 2023 vs. Q4 2023 13F Holdings Comparison

Marvell Technology Inc Leads the Way with Impressive Increase in Holdings

In the ever-changing landscape of the stock market, keeping track of the latest developments can be challenging. This is where 13F filings come into play—they provide valuable insights into the holdings of institutional investment managers. In this article, we will analyze the Q3 2023 vs. Q4 2023 13F holdings comparison of Ceredex Value Advisors LLC, a well-known investment firm. We will examine the top performers and identify the trends in their holdings.

Marvell Technology Inc (MRVL) emerges as the clear winner, showcasing a significant increase in holdings from Q3 to Q4. In Q3 2023, Ceredex Value Advisors held 2,021,740 shares of Marvell Technology. However, by Q4 2023, they had increased their holdings to 2,425,818 shares, representing a staggering 33.7% increase. This surge in holdings suggests that Ceredex Value Advisors has great confidence in the future prospects of Marvell Technology Inc.

On the other hand, Humana Inc (HUM) experienced a slight decline in holdings during the same period. Ceredex Value Advisors held 317,055 shares of Humana Inc in Q3 2023, which decreased to 286,464 shares in Q4 2023, reflecting a 15% decrease. Despite this decrease, Humana Inc remains a prominent player in the healthcare industry, and it will be interesting to observe how the company fares in the coming quarters.

PPL Corp (PPL) is an example of a company that maintained a relatively stable position in the holdings of Ceredex Value Advisors. With 4,749,317 shares in Q3 2023 and 4,169,402 shares in Q4 2023, there was only a marginal decrease of 0.8% in their holdings. This consistency suggests that Ceredex Value Advisors sees value in PPL Corp and believes in its long-term growth potential.

Chesapeake Energy Corp (CHK) experienced a modest decrease of 13.4% in holdings during the Q3 2023 to Q4 2023 period. Ceredex Value Advisors held 1,511,873 shares of Chesapeake Energy Corp in Q3 2023, which decreased to 1,467,225 shares in Q4 2023. Despite this decrease, Chesapeake Energy Corp remains a significant player in the energy sector, and future developments may influence its standing in Ceredex Value Advisors' portfolio.

Other notable companies that witnessed changes in holdings include Revvity Inc (PKI), US Bancorp Del (USB), Fortive Corp (FTV), and Target Corp (TGT). Revvity Inc experienced a decline of 15.4% in holdings, with 1,157,512 shares in Q3 2023 decreasing to 991,245 shares in Q4 2023. However, US Bancorp Del saw a 32.2% increase, with 2,374,653 shares in Q3 2023 rising to 2,406,257 shares in Q4 2023. Fortive Corp experienced a remarkable increase of 46.4% in holdings, with 956,610 shares in Q3 2023 increasing to 1,410,427 shares in Q4 2023. Finally, Target Corp witnessed a modest increase of 11.9% in holdings, with 787,506 shares in Q3 2023 rising to 684,004 shares in Q4 2023.

In conclusion, Ceredex Value Advisors LLC made notable changes in their holdings from Q3 2023 to Q4 2023. Marvell Technology Inc was the clear standout, with a substantial increase in holdings, reflecting their confidence in the company's future. While some companies experienced minor declines in holdings, others witnessed significant increases. These changes in holdings present an interesting picture of Ceredex Value Advisors' investment strategy and provide valuable insights for investors seeking to stay ahead in the dynamic world of finance.