Domini Impact Investments LLC Q3 2019 vs. Q4 2019 13F Holdings Comparison

Domini Impact Investments LLC, the responsible investment management firm, recently filed its 13F with the Securities and Exchange Commission. The quarterly filing discloses the firm's equity holdings as of the end of the fourth quarter of 2019, as compared to the previous quarter. The portfolio’s value, which consists of equities only, increased by 6.3%, to $2.22 billion, compared to $2.09 billion. The fund mostly invests in technology, financial, and healthcare companies. In this blog post, we'll give you an overview of the changes in holdings of the fund from Q3 to Q4 2019 and discuss the possible reasons behind the shifts.

In Q4 2019, Domini Investments LLC increased its stakes in Universal Display Corporation, Itron, Inc., and Federal Agricultural Mortgage Corporation by only a marginal percentage. The fund added a net of two shares of Universal Display Corporation (OLED), leaving its position with 2,494 shares. Meanwhile, its position in Itron, Inc. (ITRI) decreased by just seven shares, leaving it with 6,104 shares. At the same time, the fund's position in Federal Agricultural Mortgage Corporation (AGM) declined by only seven shares, leaving a total of 5,568 shares.

In contrast, there were significant changes in the holdings of several other companies. The fund increased its stakes in Autodesk, Inc. (ADSK), a company that provides software products and services for architecture, engineering, and construction, by 24%. Its position jumped from 2427 shares in Q3 2019 to 2,429 shares in Q4 2019. The fund's position in Seattle Genetics Inc. (SGEN) rose by 33.6% in the fourth quarter. The fund's position in the company increased from 3,137 shares in Q3 2019 to 3,133 shares in Q4 2019. Meanwhile, the fund completely sold its shares in Mitek Systems, Inc. (MITK).

One notable change in the Q4 2019 portfolio of Domini Invest LLC is its acquisition of 8,672 shares in Chegg, Inc. (CHGG), an education technology company providing online textbook rentals, homework help, and internship matching. The company did not have any position in Chegg, Inc. in Q3 2019. The firm also acquired 1,630 shares of Dexcom Inc., a global medical device company, in Q4 2019.

Domini Impact Investments LLC reduced its stake in Sun Power Corp. (SPWR) by 29.3% and sold all its shares in OraSure Technologies, Inc. (OSUR). The fund also sold all its shares in TerraForm Power Inc. Also, the company increased its stake in Pluralsight, Inc. (PS) by 2.9% and in Teladoc Health Inc. (TDOC) by 23.5%.

In summary, Domini Impact Investments LLC made some significant changes to its equity holdings from Q3 to Q4 2019. The firm's holdings in a few companies increased, while some saw a reduction in shares or complete exit from them. The changes may indicate the fund's view on the prospects of the companies, their growth potential, and anticipated future returns. Investors need to keep in mind that 13F filings offer a snapshot in time of the holdings of a particular entity and may not necessarily indicate the entire position, or investment strategy.