Grisanti Capital Management LLC Q4 2019 vs. Q1 2020 13F Holdings Comparison

It's fascinating to see how some companies' fortunes change over time, and that's where 13F filings come in handy. These are quarterly reports submitted to the SEC by institutional investment managers with over $100 million worth of assets under management. They reveal changes in holdings of funds, allowing investors to track their favorite stocks.

This post examines Grisanti Capital Management LLC's Q4 2019 vs. Q1 2020 13F Holdings Comparison. We will dive into some of the company's significant holdings, see which ones increased in value, which ones decreased, and what the changes could mean.

Let's start with two critical terms:

1. Q4 2019 (SHARES): The number of shares held by Grisanti Capital Management LLC for a particular stock as of December 31, 2019.

2. Q1 2020 (SHARES): The number of shares held by Grisanti Capital Management LLC for a particular stock as of March 31, 2020.

Now let's dive into the table:

META-"FACEBOOK INC"

Grisanti Capital Management LLC increased its holdings of Facebook, Inc. by 64055-76525 = 12470 shares, or 19.44%, from Q4 2019 to Q1 2020. However, the value of the holdings decreased by 2.9%, from $13,147,000 to $12,764,000. This decrease in value could possibly be attributed to Facebook's ongoing privacy and censorship issues that have affected its stock value.

ABBV-"ABBVIE INC"

The pharmaceutical company AbbVie Inc. saw Grisanti Capital Management LLC increase their holdings from Q4 2019 to Q1 2020. They bought 25,793 shares or 20.24%. The value of these holdings also increased by 3.5% from $11,272,000 to $11,665,000.

GOOGL-"ALPHABET INC CL A"

Grisanti Capital Management LLC decreased their holdings of Alphabet Inc. Class A shares by 147 shares or 1.49%. The value of these holdings also decreased from $13,229,000 to $11,306,000, or 14.5%. However, this drop in value could be a part of the larger market trend.

AMZN-"AMAZON COM INC"

Amazon saw an increase in interest from Grisanti Capital Management LLC, with an additional 1105 stocks being added, a 27.17% increase. The value of these holdings surged by 34.2% from $7.504 million to $10.072 million. This indicates the portfolio manager's confidence in Amazon's ability to weather the Covid-19 pandemic and the resulting market uncertainties.

BRK-B-"BERKSHIRE HATHAWAY INC DEL"

Berkshire Hathaway stocks experienced a decrease in holdings of 19.22%, or 7,121 shares. The company's stock value also decreased by 3.6%, from $8.32 million to $8.018 million. The rationale for this reduction in holdings is unclear.

CMCSA-"COMCAST CORP NEW"

Grisanti Capital Management LLC significantly increased its holdings in Comcast Corp from Q4 2019 to Q1 2020, with the number of shares outstanding quadrupling from 92,142 to 232,596, a rise of 93%. The value of these holdings increased from $4.144 million to $7.997 million, or a robust 93%. One reason for this could be that Comcast has been doing well in the streaming business, which could have been amplified due to stay-at-home orders and the need for online entertainment.

V-"VISA INC"

Visa was another company that Grisanti Capital Management LLC increased its holdings on, jumping from 25,292 to 49,452, a 67.7% increase in shares. The value of these holdings increased by 67.7%, from $4.752 million to $7.968 million. Visa has been getting a lot of attention in the payment industry due to the increasing adoption of cashless payments across the world.

In summary, Grisanti Capital Management LLC's Q4 2019 vs. Q1 2020 13F Holdings Comparison provides investors with valuable insight into which stocks the company has bought and sold. While it's always important to dig deeper into the rationale behind the movements, these reports are an excellent place to start.