Investment Insights: LFL Advisers, LLC Q3 2022 vs. Q4 2022 13F Holdings Analysis

LFL Advisers, LLC is among the many hedge funds that file 13F reports with the Securities and Exchange Commission (SEC) every quarter to disclose their holdings. These reports provide valuable insights into the buying and selling activities of the biggest players within the investment industry.

In this article, we'll be analyzing the Q3 2022 vs. Q4 2022 13F holdings of LFL Advisers, LLC. Specifically, we'll be looking at the top 10 holdings of the fund based on the data in the table above.

CDW: An Unchanged Position

CDW Corp was a consistent performer in both Q3 and Q4 2022, as the fund maintained its position by holding 250,246 shares worth $44,688,000. Despite the uncertainties brought about by the pandemic, LFL Advisers appears to be confident in the company's ability to deliver long-term growth.

ALV: Holding Steady

LFL Advisers continued to hold its position in Autoliv Inc., a world-leading automotive safety supplier in both Q3 and Q4 2022. The fund held 362,294 shares worth $27,744,000, reflecting a steady increase of 14.9% in value during Q4. This suggests that the firm remains optimistic about the automotive industry's future growth prospects.

TEL: A Slight Increase

In Q3 2022, the fund held 221,239 shares of TE Connectivity Ltd, worth $24,416,000, which represents a holding of 4% of their portfolio. In comparison, the fund has increased its holdings by 4% in Q4 2022, reflecting a total of 221,239 shares worth $25,398,000.

LAMR: A More Significant Increase

LFL Advisers also increased its position in Lamar Advertising Co New, a provider of outdoor advertising services, with 261,173 shares worth $24,654,000 in Q4 2022, reflecting a 14.4% increase in value from Q3 2022.

AON: Another Steady Performer

The fund held 76,500 shares of Aon PLC in both quarters, reflecting a $2,468,000 increase from Q3 to Q4 2022. This suggests the firm is optimistic about the company's long-term growth prospects amid the pandemic.

BK: A Significant Increase

LFL Advisers also increased its holdings in The Bank of New York Mellon Corp by 18.2%. The fund held 381,376 shares worth $17,360,000 in Q4 2022, reflecting an increase from 14691 shares worth $17360,000 in Q3 2022.

SCHW: Strong Growth

In Q4 2022, LFL Advisers increased its position in the Charles Schwab Corp by 15.8%, holding 178,164 shares worth $14,833,000. This reflects a 28.7% increase in value compared to Q3 2022, indicating the LFL Advisers is confident in the company's future growth potential.

PGR: Another Strong Performer

LFL Advisers also held 106,819 shares of Progressive Corporation Ohio, worth $13,855,000 in Q4 2022, reflecting an increase in value of 11.6% compared to Q3 2022. This suggests that the fund remains bullish about the firm's long-term growth.

GOOG: A Risky Bet?

In Q4 2022, LFL Advisers reduced its holdings in Alphabet Inc (Google) by 7.7%, holding 107,760 shares worth $9,561,000. This suggests that the fund bears a level of risk appetite and is confident that the company's future growth potential outweighs any near-term risks.

BRK-B: Another Steady Performer

The fund increased its holdings in Berkshire Hathaway Inc Del by 15.7% in Q4 2022, holding 26138 shares worth $8,074,000. LFL Advisers might be bullish on the company, reflecting CEO Warren Buffett's proven track record in long-term investing success.

NTRS: A Slight Increase

LFL Advisers also increased its holdings in Northern Trust Corp, holding 21400 shares worth $1,893,000. This reflects a 3.4% increase in value compared to Q3 2022.

Conclusion

In conclusion, this 13F disclosure provides us with valuable insights into the holdings of LFL Advisers, LLC in Q3 2022 versus Q4 2022. At a glance, the fund's investment strategy appears to focus on a combination of steady performers, slight increases, and risky bets. However, the final investment decisions of this hedge fund could depend on several factors unique to the fund and its investment manager's strategies.