Cornerstone Capital, Inc. Q3 2022 vs. Q4 2022: A Deep Dive into the Largest Holdings of the Fund

Cornerstone Capital, Inc. recently released their Q3 2022 and Q4 2022 13F holdings, showcasing the changes in their largest holdings over the past quarter. In this article, we'll take a closer look at the top holdings of the fund, the changes in holdings from Q3 to Q4, and the implications of these changes for investors.

Microsoft Corp Holds Strong with an Increase in Shares

Microsoft Corp, one of the top holdings of the fund, demonstrated a 3.9% increase in shares from Q3 to Q4, with 162,791 shares in Q3 and 164,232 shares in Q4. The value of these shares also saw a significant increase from $37,914,000 to $39,386,000. This increase in shares and value is not surprising, as Microsoft Corp has been excelling in the technology sector, with their profits and revenue continually surpassing expectations.

Visa Inc Continues to Grow

Visa Inc, another one of the top holdings of the fund, showcased an 18.4% increase in value from Q3 to Q4. The number of shares also saw an increase, with 170,903 shares in Q3, and 172,989 shares in Q4. This growth in value and shares is reflective of Visa's consistent growth as a company. They have continually beaten earnings estimates over the last few quarters and have seen an increase in digital transactions.

Amazon.com Inc Sees a Decline in Value and Shares

While many of the top holdings of the fund experienced growth, Amazon.com Inc saw a decline in both their value and shares. The number of shares decreased from 241,279 in Q3 to 246,976 in Q4, and the value of those shares fell from $27,265,000 to $20,745,000. This decline is likely reflective of the COVID-19 pandemic's easing, which has caused demand for online shopping to slow down.

Salesforce.com Inc Takes a Hit

Salesforce.com Inc, a top holding of the fund, saw a significant decrease in shares and value from Q3 to Q4, with a decrease of 39.8%. This decline is not surprising, as many tech stocks have taken a hit in recent months due to market volatility. However, this stock's strong track record suggests that this should be a minor setback for investors, and they should continue to hold on.

Conclusion

The Q3 2022 vs. Q4 2022 13F holdings for Cornerstone Capital, Inc highlight the changes in holdings of their largest assets. Not every company experienced growth, but the majority of companies showcased strong numbers, indicative of their success in the market. Microsoft Corp and Visa Inc, in particular, were standouts, with an increase in both value and shares. While some companies experienced a decline in value and shares, long-term investors should not worry, as this is characteristic of market volatility. Overall, the Q3 2022 vs. Q4 2022 13F holdings for Cornerstone Capital, Inc showcase the potential for growth and profitability for these top holdings and a promising outlook for the market as a whole.