Changes in Investure, LLC's Q3 2022 vs. Q4 2022 13F Holdings: Which Companies Saw Significant Increases or Decreases in Investment?

Investure, LLC has recently released its 13F filings for the Q3 2022 and Q4 2022 periods. The filings reveal the firm's holdings, investments, and divestitures during this time. Through a thorough analysis of the data, it is possible to gain insights into the fund manager's investment strategies and interests. In this article, we will focus on the companies that experienced significant increases or decreases in investment between the two reporting periods.

Vanguard Index Funds saw a decrease in investment, with Investure holding 1,184,075 shares in Q3 2022 compared to only 1,162,866 shares in Q4 2022. While the decrease was only 4.6%, it is notable given that Vanguard is one of the largest and most well-known index fund providers. Similarly, investments in Equity Residential and Invitation Homes Inc also decreased by 12.2%.

On the other hand, Procter and Gamble Co witnessed a massive increase in investment, with Investure's holdings doubling from 114,599 shares in Q3 2022 to 114,599 shares in Q4 2022. This increased investment may reflect the fund manager's interest in the consumer staples sector, which remained strong during the COVID-19 pandemic.

Other companies with notable increased investments include Starbucks Corp (17.7%), Philip Morris International Inc (21.9%), and Clorox Co Del (9.3%). These increases could be attributed to the expected economic recovery in 2022, leading to higher consumer spending and demand for essential products.

However, there were also some significant divestitures during this time, with Inotiv Inc experiencing the most significant dip in investment. Investure held 346,888 shares in Q3 2022, but decided to sell its holdings entirely in Q4 2022. This divestiture may reflect the fund manager's lack of confidence in the company's future growth prospects or other strategic reasons.

Other companies with notable decreases in investment include Avalonbay Communities Inc (-12.3%), Essex Property Trust Inc (-12.5%), and UDR Inc (-7.1%). These decreased investments suggest that Investure may be strategically reallocating its funds to better-performing assets and industries.

In conclusion, Investure's Q3 2022 vs. Q4 2022 13F holdings reveal some significant changes in the fund manager's investment strategy. While some companies saw consistent or increased investments, others experienced notable divestitures or decreased investments. It is essential to analyze these changes carefully and consider the broader market trends to make informed investment decisions.