Horrell Capital Management, Inc. Q1 2023 vs. Q2 2023 13F Holdings Comparison

Horrell Capital Management, Inc. recently released its 13F filings for Q1 2023 and Q2 2023, showcasing some significant changes in its holdings. In this article, we will take a closer look at the top companies that experienced notable fluctuations and analyze the potential reasons behind these changes.

OREILLY AUTOMOTIVE, INC (ORLY)

Horrell Capital Management, Inc. maintained its position in O'Reilly Automotive, Inc. during Q1 2023 and Q2 2023, with a negligible increase in shares from 20684 to 20687. The value also saw an increase from $17,560,000 to $19,762,000, representing a 12.5% change. This steady holding indicates confidence in the company's performance.

UNION PAC CORP (UNP)

Horrell Capital Management, Inc. retained its position in Union Pacific Corporation, with a minimal rise in shares from 85051 to 85063. The value increased slightly from $17,117,000 to $17,406,000, marking a 1.7% change. This consistent holding suggests a positive outlook on the company's prospects.

AUTOZONE INC (AZO)

Horrell Capital Management, Inc. maintained its position in AutoZone Inc. during Q1 2023 and Q2 2023, with a marginal increase in shares from 4168 to 4169. The value rose slightly from $10,246,000 to $10,395,000, indicating a 1.5% change. This holding signifies confidence in the company's growth potential.

HUNT J B TRANS SVCS INC (JBHT)

Horrell Capital Management, Inc. increased its position in Hunt J B Transport Services Inc., with shares rising from 55714 to 57290. The value also witnessed growth from $9,776,000 to $10,371,000, representing a 6.1% change. This enhanced holding suggests an optimistic outlook on the company's performance in the upcoming quarters.

DILLARDS INC (DDS)

Horrell Capital Management, Inc. maintained its position in Dillard's Inc., with the number of shares rising slightly from 29514 to 29518. The value increased from $9,081,000 to $9,631,000, marking a 6.1% change. This steady holding indicates confidence in the company's growth trajectory.

LENNOX INTL INC (LII)

Horrell Capital Management, Inc. increased its position in Lennox International Inc., with shares rising from 29514 to 29518. The value also saw a significant increase from $7,416,000 to $9,625,000, representing a substantial 29.8% change. This amplified holding suggests strong belief in the company's prospects.

MURPHY USA INC (MUSA)

Horrell Capital Management, Inc. increased its position in Murphy USA Inc., with shares rising from 29514 to 29518. The value witnessed a notable increase from $7,616,000 to $9,183,000, indicating a 20.6% change. This enhanced holding signifies confidence in the company's growth potential.

HOME DEPOT INC (HD)

Horrell Capital Management, Inc. maintained its position in Home Depot Inc., with a slight increase in shares from 29514 to 29518. The value also experienced a minor increase from $8,710,000 to $9,169,000, marking a 5.3% change. This consistent holding suggests a positive outlook on the company's performance.

LOCKHEED MARTIN CORP (LMT)

Horrell Capital Management, Inc. retained its position in Lockheed Martin Corporation, with a marginal increase in shares from 16516 to 16518. The value decreased slightly from $7,808,000 to $7,605,000, indicating a -2.6% change. Despite the slight decrease, this holding suggests faith in the company's long-term stability.

FEDEX CORP (FDX)

Horrell Capital Management, Inc. increased its position in FedEx Corporation, with shares rising from 29532 to 29536. The value also witnessed growth from $6,748,000 to $7,322,000, representing an 8.5% change. This amplified holding indicates the company's confidence in FedEx's potential for growth.

DXC TECHNOLOGY CO (DXC)

Horrell Capital Management, Inc. maintained its position in DXC Technology Co., with a consistent number of 265,000 shares held in Q1 2023 and Q2 2023. The value saw a modest increase from $6,773,000 to $7,081,000, marking a 4.5% change. This steady holding signifies confidence in the company's prospects.

TERADATA CORP DEL (TDC)

Horrell Capital Management, Inc. had a significant decrease in its holding of Teradata Corp Del, with shares dropping from 208,000 to 128,000. The value also witnessed a decline from $8,378,000 to $6,836,000, representing an -18.4% change. This reduced holding suggests a loss of confidence in the company's future performance.

JUNIPER NETWORKS INC (JNPR)

Horrell Capital Management, Inc. reduced its position in Juniper Networks Inc., with shares declining from 217,000 to 217,000. The value also saw a decrease from $7,469,000 to $6,799,000, indicating a -9% change. This decreased holding might indicate concerns regarding the company's growth potential.

MOMENTIVE GLOBAL INC (MNTV)

Horrell Capital Management, Inc. increased its position in Momentive Global Inc., with shares rising from 634,990 to 960,000. The value also witnessed a significant increase from $5,918,000 to $6,720,000, marking a 13.6% change. This amplified holding suggests confidence in the company's growth prospects.

LOWES COS INC (LOW)

Horrell Capital Management, Inc. increased its position in Lowe's Companies Inc., with shares rising from 29,660 to 29,664. The value witnessed growth from $5,931,000 to $6,695,000, representing a 12.9% change. This enhanced holding signifies a positive outlook on the company's performance in the upcoming quarters.

These are just a few of the notable changes in Horrell Capital Management, Inc.'s 13F holdings for Q1 2023 and Q2 2023. It showcases the firm's investment strategy and allows investors to gain insight into the company's positioning. As always, it's essential to conduct thorough research and analysis before making any investment decisions.