Harbor Island Capital's Q4 2022 vs. Q1 2023 13F Holdings: A Deep Dive into the Changes

The world of finance is like a roller coaster ride, full of twists and turns that keep investors on the edge of their seats. Harbor Island Capital LLC is one such investor that has been making some interesting moves in its holdings. Today, we will be looking into the Q4 2022 vs. Q1 2023 13F holdings comparison for Harbor Island Capital LLC and analyzing the changes.

Harbor Island Capital's Q4 2022 vs. Q1 2023 13F Holdings Comparison

Let's start by understanding what a 13F filing is. Every quarter, institutional investment managers with assets under management in excess of $100 million are required to disclose their holdings in SEC Form 13F. These filings provide a snapshot of the investor's holdings at the end of the quarter and are made public for everyone to access.

According to Harbor Island Capital's Q4 2022 vs. Q1 2023 13F holdings comparison, the company has made some interesting changes to its portfolio. The company's total holdings decreased from 13 to 15, indicating an increase in diversification. However, the total value of the portfolio increased from $137,536,000 to $164,109,000, representing a growth rate of 19.3%.

Let's take a closer look at some of the major changes in the portfolio.

Apple Inc.

Apple Inc. has been a favorite stock for many investors, and Harbor Island Capital is no exception. The company's holdings in Apple remained unchanged at 111,474 shares, but the value of the shares increased from $14,483,000 to $18,382,000. This represents a growth rate of 26.9% and suggests that Harbor Island Capital remains bullish on Apple.

Microsoft Corp.

Harbor Island Capital also holds large positions in Microsoft Corp., with 49,339 shares in Q4 2022 and Q1 2023. However, the value of these shares increased from $11,832,000 to $14,224,000, a growth rate of 20.2%. This indicates that the company still sees potential in Microsoft and expects it to perform well in the future.

Applied Materials Inc.

Applied Materials Inc. is a semiconductor company that provides manufacturing solutions. Harbor Island Capital's holdings in the company decreased from 266,245 shares in Q4 2022 to 264,515 shares in Q1 2023. However, the value of these shares increased from $25,926,000 to $32,490,000, a growth rate of 25.3%. This indicates that Harbor Island Capital is bullish on the semiconductor industry and expects Applied Materials to perform well in the future.

Wells Fargo & Co.

In contrast to the other companies, Harbor Island Capital's holdings in Wells Fargo & Co. decreased from 324,861 shares in Q4 2022 to 318,771 shares in Q1 2023. Furthermore, the value of these shares decreased from $13,413,000 to $11,915,000, a decrease of -11.2%. This suggests that Harbor Island Capital is bearish on Wells Fargo & Co. and expects it to underperform in the future.

Conclusion

Harbor Island Capital made some interesting changes to its portfolio in Q4 2022 vs. Q1 2023. The company increased its diversification and saw a growth rate of 19.3% in the value of its portfolio. Harbor Island Capital remains bullish on Apple Inc., Microsoft Corp., and Applied Materials Inc., but is bearish on Wells Fargo & Co. These changes in holdings show that Harbor Island Capital is a dynamic investor that is looking to capitalize on the constantly changing economic landscape.