GW&K Investment Management reports Q4 2021 portfolio changes, adds Performance Food Group and Five Below, reduces Paylocity Holding Corp.

GW&K Investment Management, LLC, a Boston-based asset management firm, recently released its Q3 2022 versus Q4 2022 13F Holdings Comparison, which provides a snapshot of the fund's holdings during the fourth quarter of 2021. The report shows that the fund has made a number of changes to its portfolio, with several new additions and a few notable exits.

One of the largest additions to the fund's portfolio is Performance Food Group Co., with the fund acquiring 2472015 shares during Q4 2022. The value of this holding also increased significantly, from $107920 in the third quarter to $144341 in the fourth quarter, representing a change of 33.7%.

Another notable addition to the fund's holdings is Five Below, a specialty value retailer that targets tweens and teens. GW&K acquired 739601 shares of the company during Q4, bringing the value of its holding to $130813, a 26.1% increase over its Q3 value of $103736.

Globus Medical Inc. - A, a medical device company, is another significant addition to the fund's portfolio. The fund acquired 1712151 shares during Q4, bringing the value of its holding to $127161, a 35.4% increase over its Q3 value of $93895. This acquisition may indicate a bullish outlook on the medical device industry.

Booz Allen Hamilton Holdings is another company that saw a notable change in the fund's holdings during Q4. The fund reduced its holding in the company from 1157517 shares in Q3 to 1140392 shares in Q4, a decrease of 1.5%. Despite this reduction, the value of the holding increased from $106897 in Q3 to $119194 in Q4, representing an 11.5% increase.

One company that saw a significant decrease in the fund's holdings during Q4 is Paylocity Holding Corp. The fund reduced its holding in the company from 500553 shares in Q3 to 334624 shares in Q4, a decrease of 33.8%. The value of the holding also decreased significantly, from $120923 in Q3 to $65004 in Q4, representing a 46.2% decrease. This decrease may indicate a bearish outlook on the company.

Other companies that saw notable changes in the fund's holdings during Q4 include Horizon Therapeutics PLC, Ingersoll-Rand Inc., Brookfield Infrastructure-A, and Caterpillar Inc. Horizon Therapeutics PLC saw an 81.8% increase in the value of its holding, while Ingersoll-Rand Inc. saw a 31.6% increase. Brookfield Infrastructure-A saw a 4.7% decrease in the value of its holding, while Caterpillar Inc. saw a 1% increase.

Overall, the Q3 2022 versus Q4 2022 13F Holdings Comparison report shows that GW&K has made several notable changes to its portfolio during the fourth quarter of 2021. The fund has added several new holdings, while reducing its holdings in others. These changes may indicate a bullish or bearish outlook on certain industries and companies, and may provide insights for investors who are interested in following GW&K's investment strategy.