Hamlin Capital Management, LLC Q1 2023 vs. Q2 2023: A Detailed Comparison of 13F Holdings

Hamlin Capital Management, LLC is a well-known investment firm that manages billions of dollars in assets. One important aspect of their investment strategy is analyzing 13F filings, which provide insights into the holdings of various funds and institutional investors.

In this article, we will examine the Q1 2023 and Q2 2023 13F holdings of Hamlin Capital Management and highlight the changes that occurred during this period. The data reveals interesting trends and adjustments in their portfolio, shedding light on the firm's investment decisions.

Among the notable changes, Broadcom Inc (AVGO) experienced a decrease in shares from 272,794 in Q1 2023 to 217,366 in Q2 2023. Despite this reduction, the value of these shares increased by 7.7% during the same period. Ares Management Corporation (ARES) also witnessed a decrease in shares, with 1,465,299 in Q1 2023 compared to 1,461,768 in Q2 2023. However, the value of these shares saw a 15.2% growth.

Procter and Gamble Co (PG), one of the leading consumer goods companies, saw a marginal decrease of 1.3% in shares from Q1 to Q2 2023. Similarly, ConocoPhillips (COP) experienced a 5.4% increase in shares during the same period. Lamar Advertising Co (LAMR) saw a minor decrease of 0.1% in shares, but Genuine Parts Co (GPC) witnessed a 1.7% increase.

Snap On Inc (SNA) captured attention with a significant increase of 16.3% in shares from Q1 2023 to Q2 2023. Enterprise Products Partners L (EPD) and Public Svc Enterprise Grp Inc (PEG) also experienced moderate increases of 1.8% and 0.3% in shares, respectively. Old Rep Intl Corp (ORI), Johnson & Johnson (JNJ), and Cummins Inc (CMI) witnessed relatively steady growth rates of 0.9%, 6.5%, and 3.4% in shares, respectively.

On the other hand, AbbVie Inc (ABBV) faced a decrease in shares by 15.3%, which had an impact on the value of the shares as well. Texas Instrs Inc (TXN) and Comcast Corp New (CMCSA) experienced notable increases in shares by 6.5% and 19.9%, respectively. However, Target Corp (TGT) saw a significant decrease of 32.5% in shares, and Keurig Dr Pepper Inc (KDP) witnessed a drastic decrease of 50.5% in shares.

While some companies witnessed noteworthy adjustments in their holdings, others remained relatively stable. It's worth mentioning that Morgan Stanley (MS) reported zero shares in Q1 2023 but held 896,935 shares in Q2 2023. This suggests a substantial reallocation of funds by Hamlin Capital Management.

The changes in holdings highlight the dynamic nature of investing and the careful analysis that funds like Hamlin Capital Management undertake to maximize returns for their clients. It is important to note that the fluctuations in holdings are driven by multiple factors, such as market conditions, investor sentiment, and company-specific developments.

In conclusion, the Q1 2023 vs. Q2 2023 13F holdings of Hamlin Capital Management, LLC provide valuable insights into the firm's investment decisions and adjustments. While some companies experienced significant changes in their holdings, others remained relatively stable. This analysis showcases the complexity and volatility of the investment landscape, requiring constant monitoring and strategic decision-making by investment firms like Hamlin Capital Management.