Investment Analysis: Buckhead Capital Management LLC Q3 2022 vs. Q4 2022

Buckhead Capital Management LLC recently released their latest 13F filings for Q3 2022 and Q4 2022, which provide insights into the changes in their holdings for the period. The company’s portfolio is comprised of public equities worth over $500 million and their Q3 and Q4 2022 13F filings reveal quite an interesting story.

In this article, we will analyze the changes in the company’s holdings and the reasons behind them. We will also explore the market trends observed during the period and their impact on Buckhead Capital Management LLC’s portfolio.

Changes in Holdings

Buckhead Capital Management LLC’s holdings in Home Depot Inc remained unchanged between Q3 and Q4 2022, with 48010 and 48032 shares held, respectively. However, the value of their holdings increased by 14.5%, from $13.248 million to $15.171 million.

The firm also maintained their position in Microsoft Corp, with 63473 shares held in both quarters, but the value increased from $14.783 million to $15.068 million.

In the case of Apple Inc, Buckhead Capital Management LLC increased their holdings from 110982 shares to 111696 shares. Although the number of shares held increased, the value of their holdings decreased by 5.4%, from $15.338 million to $14.512 million.

Chevron Corp New and Lockheed Martin Corp were two of the most significant changes in the company’s portfolio, with the former reducing from 77249 to 76093 shares and the latter reducing from 24234 to 22614 shares. The value of these holdings increased by 23.1% and 17.5%, respectively.

One of the most notable changes in Buckhead Capital Management LLC’s portfolio is their increase in holdings of Air Prods & Chems Inc from 33456 shares in Q3 to 30760 shares in Q4. The value of their holdings increased by 21.8%, which shows the company’s increased confidence in the future potential of the company.

Comcast Corp New and Pepsico Inc are also worth mentioning, with the former showing an increase in the value of their holdings from $7.806 million to $9.117 million and the latter showing an increase from $8.221 million to $9.029 million.

Reasons Behind the Changes

Buckhead Capital Management LLC’s decision to increase their holdings in companies like Chevron Corp New and Lockheed Martin Corp may be linked to the increase in oil prices and the recent prioritization of national security by the US government, respectively.

Their decision to maintain their position in companies like Microsoft Corp may be correlated with the increased demand for technology and its related services, as the world continues to shift towards digitalization.

The increase in holdings of Air Prods & Chems Inc may be due to the company’s recent advancements in the hydrogen fuel cell market, which has been gaining significant traction recently. The growth in this market is expected to continue, and Buckhead Capital Management LLC may be looking to capitalize on this opportunity.

Market Trends

The market experienced significant volatility in the Q3 to Q4 2022 period, with major indices experiencing large swings in either direction. This was due to various factors, such as the ongoing effects of the pandemic and geopolitical events.

Nonetheless, the market still performed well overall, with many industries showing growth. The oil and gas industry, in particular, showed significant gains, as oil prices began to increase. Technology was another industry that saw substantial growth in this volatile period.

Conclusion

Buckhead Capital Management LLC managed to maintain their portfolio’s value during a volatile market, with key holdings remaining stable. The company also showed their confidence in the future growth potential of certain companies by increasing their holdings in them.

As the market continues to change, Buckhead Capital Management LLC will need to continually adjust their portfolio to capitalize on opportunities while reducing their risks. Understanding their holdings and the market trends will be crucial in achieving this.