Investment Insights: Family Legacy, Inc. Q3 2022 vs. Q4 2022 13F Holdings Comparison

Investing is an ever-evolving game where the ability to stay on top of current trends and valuations of different assets is paramount. In this regard, investors and analysts often turn to regulatory filings like 13F filings to remain up-to-date with the holdings of different funds and institutional investors. In this article, we will take a look at the changes that have occurred in the holdings of Family Legacy, Inc., from Q3 2022 to Q4 2022.

Apple Inc. Holds the Throne

Apple Inc. stays put as the most valuable holding of Family Legacy Inc., with the number of shares rising from 47,702 in Q3 to 48,354 in Q4. The value of these shares also increased from $6,592,000 to $6,859,000, illustrating the continued confidence of Family Legacy, Inc. in Apple's ability to generate returns. This makes for a 4.1% increase in share count and a 4% increase in value.

Microsoft Corp. the Close Second

In Q3, Microsoft Corp. held the second-highest number of shares in the Family Legacy, Inc. portfolio at 23,404, while in Q4, this number rose by 515 to 23,919. The value of these shares rose from $5,451,000 in Q3 to $5,755,000 in Q4, illustrating an overall climb of 5.6%. Microsoft's performance in 2021 proved resilient, thanks to its strong cloud division, which has helped the company overcome revenue losses in other areas.

Johnson & Johnson Follows Suit

Johnson & Johnson rounds up the top three holdings of Family Legacy, Inc. in terms of the total value of shares held. The number of shares held rose from 29,981 in Q3 to 30,542 in Q4, a modest gain of 2%. Simultaneously, this translates to an increase in the total value of shares held from $4,898,000 to $5,177,000, marking a 5.7% growth in value. The company has emerged from the COVID-19 pandemic as a reliable player in the healthcare sector, benefiting from a broad range of medical products and services.

Caterpillar Inc. Makes the Big Move

Caterpillar Inc. was the best-performing stock in the Family Legacy, Inc. portfolio, realising a significant gain of 58.9% in value. In Q3, Family Legacy held 18,917 shares worth $3,104,000, with the number rising to 19,084 in Q4, a modest increase of 0.9%. However, this modest share increase significantly resulted in the value of Caterpillar's shares held by Family Legacy, Inc. soaring to $4,932,000 in Q4.

Final Thoughts

Overall, Family Legacy, Inc.'s Q3 2022 vs. Q4 2022 13F Holdings Comparison indicates that the fund has been maintaining its holdings in top-performing stocks while slowly moving out of underperforming ones. This is evident from the fact that 29 out of 45 holdings saw increased value in Q4, with some, such as Caterpillar Inc., posting massive growth in value. The data indicates that Family Legacy has been doubling down on its winners while culling its underperformers, demonstrating a sound investment strategy.