Eaton Vance Management Q2 vs. Q3 2022: Comparing the Latest Fund Holdings Changes

Eaton Vance Management, a subsidiary of Morgan Stanley, recently filed its quarterly 13F forms. The filing requirements mandate that institutional investment managers holding a minimum of $100 million in assets in a quarter must submit this report to the SEC within 45 days of the quarter's end. The filing discloses the company's holdings, along with the number of shares and the current market value of each stock. Comparison of the Q2 and Q3 2022 filings of Eaton Vance Management's top holdings shows that they have increased holdings in some stocks and trimmed others.

Eaton Vance Management increased its position in Apple, Microsoft, Amazon, NextEra Energy, and Delta Air Lines in Q3 2022 QoQ, indicating continued bullish outlooks on these stocks. Apple was the most significant long bet for Eaton Vance, with an increase of 1.5% in Q3, bringing the total holdings to 27.9 million shares, valued at $3.8 billion. Microsoft was another significant bet for the investment management firm, with an increase of 2.2% to 12.1 million shares worth approximately $2.8 billion.

Eaton Vance also increased its holdings in several other big names, including Amazon, NextEra Energy, and Delta Air Lines. Interestingly, while many investors have ditched their technology stocks like Alphabet, Eaton Vance added new shares to its already significant positions in Google's parent company, Alphabet. In contrast, the company reduced its holdings in NVIDIA, Waste Management, and S&P Global, in Q3 2022.

Among the stocks where Eaton Vance reduced its holdings, NVIDIA and S&P Global bore the most significant brunt. The investment company sold off 20.7% of its NVIDIA stock in the second quarter, holding 3.7 million shares worth approximately $443 million. The company also sold 13.7% of its S&P Global shares, holding 775,325 shares worth approximately $236.7 million in Q2.

In conclusion, Eaton Vance Management has shown confidence in Apple, Microsoft, Amazon, NextEra Energy, and Google's parent, Alphabet, with increase positions. However, the company's selling of shares in NVIDIA and S&P Global indicates bearishness for the semiconductor company and the financial data giant. With Eaton Vance's quarterly 13F filings, investors can gain insights on the company's current investments and long-term portfolio strategy.