Investment Managers' Rumble: CapWealth Advisors, LLC Q4 2022 vs. Q1 2023

CapWealth Advisors, LLC is a distinguished investment management firm that uses a unique approach to deliver financial advice, portfolio management, and advisory services to clients. Like other investment managers, the firm periodically files a report known as a Form 13F with the Securities and Exchange Commission (SEC). It's a quarterly report that discloses the various securities held in its managed portfolios during the period covered by the report. The Q4 2022 vs. Q1 2023 13F holdings comparison reveals the securities that CapWeath Advisors, LLC bought or sold during the period. Let's check them out!

The comparison table consists of a list of issuers and the corresponding option type, the number of shares held in Q4 2022 and Q1 2023, their value, and the percentage change. In the Q4 2022, CapWealth Advisors, LLC held shares of 51 securities. However, the portfolio changed in Q1 2023, and the firm held shares of 45 securities, signifying a decrease of 6 securities.

In terms of the value of the portfolio, CapWealth Advisors, LLC had $568,743 thousand in Q4 2022, whereas in Q1 2023, the value of the portfolio stood at $487,826 thousand, indicating a decrease of 14.21%. The percentage change between the two periods is further illustrated in the comparison table.

The comparison table reveals that CapWealth Advisors, LLC sold out of some significant positions like CVS Health Corp, Johnson & Johnson, Home Depot, and Exxon Mobil Corp. They also reduced their shares in some securities, including Chevron Corporation and Campbell Soup Co.

On the other hand, the firm added new positions in some companies, such as Snap-on Inc, Carrier Global Corporation, and Himax Technologies Inc. They also increased their stake in existing securities such as Taiwan Semiconductor Manufacturing Ltd and Palantir Technologies Inc.

The CapWealth Advisors, LLC Q4 2022 vs. Q1 2023 13F holdings comparison table illustrates how investment managers can change their portfolio holdings from one quarter to another. The changes could be as a result of the investment manager's research indicating a potential increase in valuation. At the same time, existing holdings could decline, also because of the investment manager's decision on the security.

In conclusion, the CapWealth Advisors, LLC Q4 2022 vs. Q1 2023 13F holdings comparison reveals the dynamic nature of an investment manager's portfolio. The changes made during the period could either earn the investor significant returns or lead to losses. However, the comparison table provides a great way to monitor an investment manager's portfolio and adjust one's own investment decisions when needed.