Investment Firm First Long Island Investors Releases Q3-Q4 2022 13F Holdings Comparison Report

First Long Island Investors, a reputable investment firm, released a comprehensive report on the company's Q3-Q4 2022 holdings. The report contains crucial insights on the firm's holdings in different companies and how they have changed during the two quarters under review.

The report highlights the top gainers and losers across the two quarters and their respective percentage changes. The report shows that UnitedHealth Group Inc. maintained its top position, with the firm's holdings amounting to 116,015 shares in Q4 2022, a mere 0.5% drop from 116,584 shares held in Q3 2022. However, the valuation increased from $58,880,000 in Q3 2022 to $61,508,000 in Q4 2022, a 4.5% improvement.

Another notable company in the report is Automatic Data Processing Inc., with a 5.1% improvement from $48,755,000 in Q3 2022 to $51,217,000 in Q4 2022, despite a slight drop in the number of shares held from 215,550 in Q3 to 214,424 in Q4.

The report shows that technology companies were among the top performers, with companies such as Microsoft Corp, Visa Inc., and Adobe Inc. recording significant gains. Visa's valuation increased by 16.7%, from $25,387,000 in Q3 2022 to $29,620,000 in Q4 2022, while Adobe's valuation improved by 44.5%, from $10,839,000 to $15,658,000.

On the other hand, some companies recorded a decline in their holdings. Amazon.com Inc. recorded the most significant drop in valuation of 23.4%, from $30,848,000 in Q3 2022 to $23,618,000 in Q4 2022. Qualcomm Inc. also recorded a decline in their holdings by 4.6%. Also worthy of note was Walt Disney Co., which recorded a 42.3% decline in valuation from $13,061,000 in Q3 2022 to $7,535,000 in Q4 2022.

Moreover, the report shows that the investment firm maintained its holdings in some companies, with no significant changes recorded between the two quarters under review. For instance, Nike Inc. maintained the same number of shares held in both Q3 and Q4 2022, but with a 40.8% increase in valuation in Q4 2022. Similarly, Illinois Tool Works Inc. recorded a 20.6% improvement in valuation between the two quarters without any significant change in the number of shares held.

In conclusion, the 13F holdings comparison report released by First Long Island Investors provides crucial insights into the firm's investments and how they are performing. It is worth noting that past performance does not guarantee future results. As such, investors need to conduct due diligence before making any investment decisions.