Chesapeake Asset Management's Q3 to Q4 2019 Holdings Comparison: An Overview of the Company's Investment Decisions

Chesapeake Asset Management LLC is a registered investment advisory company that offers comprehensive services to institutions, individuals, and corporations. One of the primary functions of the investment firm is to manage 13F SEC filings on behalf of its clients. These filings provide insights into the investment decisions and holdings of the clients of the company. The following article analyses the Q3 to Q4 2019 comparison of the 13F firm's holdings for various companies, including Apple, Microsoft, Lockheed Martin, and many others.

One interesting point to note is that the Q3 to Q4 2019 change in holdings of Chesapeake Asset Management LLC was heavily influenced by the stock market performance at the time. The S&P 500 Index rose by nearly 9% in Q4 2019, resulting in firms like Chesapeake Asset Management LLC needing to adjust their portfolios accordingly.

One of the largest holdings of Chesapeake Asset Management LLC across both Q3 and Q4 2019 was Apple Inc. As per the filings, the firm held 18,540 shares of the company in both Q3 and Q4, showcasing its confidence in the world's most valuable corporation. Chesapeake Asset Management LLC's investments in Microsoft Corporation remained constant during the Q3 to Q4 period, holding 31,757 shares of the technology giant.

Another major company that saw a significant change in Chesapeake Asset Management LLC's investment was The Walt Disney Company. Disney has had a sensational run in the stock market, with shares of the media conglomerate rising by 71.7% during the Q3 to Q4 2019 period. This rise resulted in Chesapeake Asset Management LLC increasing its stake in the company significantly, moving from 9,527 shares in Q3 to 14,751 shares in Q4.

Chesapeake Asset Management LLC also made significant investment moves in the financial sector, with JPMorgan Chase & Co. and Morgan & Co. Inc. receiving sizeable investments. The investment firm's holdings for each of these companies increased by 18.4% and 8.1%, respectively.

In the healthcare sector, Chesapeake Asset Management LLC made significant investments in standing favorites, including Lilly Eli & Co. and Merck & Co. Inc. The firm's holdings for Lilly Eli & Co. rose by 17.5%, while the holdings for Merck & Co. Inc. increased by 8.1%.

On the other hand, Chesapeake Asset Management LLC reduced its stake in top companies like United Parcel Service Inc. (UPS), Intel Corporation, and Corning Inc.. The number of shares of UPS held by the firm decreased by 17%, while the holdings for Intel dropped by 16% and Corning Inc. reduced by 6.5%.

Overall, Chesapeake Asset Management LLC's 13F filings for Q3 to Q4 2019 indicate a significant requirement for adjustments to the firm's portfolio during a rise in the stock market. The company displayed confidence in companies like Apple Inc., Microsoft Corporation, and Walt Disney Company while also investing in top financial and healthcare companies. Given the evolution of the market, only time will tell if the investment firm's portfolio proves to be successful in the long run.