Investment Report: A Deep Dive into Gulf International Bank (UK) Ltd 13F Holdings

As the year comes to an end, it's only natural to take a step back and assess the market's performance over the past year. For investors, this involves a thorough review of their portfolio and analyzing the performance of each asset. This blog post will be diving into Gulf International Bank (UK) Ltd's latest 13F holdings, comparing their Q4 2022 and Q1 2023 holdings.

Gulf International Bank (UK) Ltd is a multinational investment bank located in the City of London. The bank's investment strategy is centered around maintaining a diversified portfolio across various sectors. This approach ensures that any potential losses in one sector can be buffered by gains in another. In the 13F filing for Q4 2022, Gulf International Bank reported holding 40 stocks and had a total portfolio value of $1,909,014,000. In contrast, in the Q1 2023 filings, Gulf International Bank held 39 stocks, with an aggregate value of $1,845,513,000.

Let's dive into some of the key changes in Gulf International Bank's holdings for Q4 2022 and Q1 2023.

1. Apple (AAPL)

Gulf International Bank's holding in Apple saw an 18.5% decrease in Q1 2023, with 2698822 shares held in Q4 2022, compared to 2087912 shares held in Q1 2023.

2. Microsoft (MSFT)

Gulf International Bank's holding in Microsoft saw a 21.3% decrease in Q1 2023, with 1221758 shares held in Q4 2022, compared to 961658 shares held in Q1 2023.

3. Amazon (AMZN)

Gulf International Bank's holding in Amazon saw a 21.6% decrease in Q1 2023, with 1537490 shares held in Q4 2022, compared to 1205490 shares held in Q1 2023.

4. NVIDIA (NVDA)

NVIDIA was one of the few stocks that Gulf International Bank increased their holdings in. In Q4 2022, Gulf International Bank held 428727 shares in NVIDIA, which increased by 49.6% to 337447 shares held in Q1 2023.

5. Alphabet (GOOGL and GOOG)

The two classes of Alphabet (GOOGL and GOOG) both saw a decrease in Gulf International Bank's holdings. Gulf International Bank's holding in GOOGL decreased by 23.5%, with 1003516 shares held in Q4 2022 compared to 783516 held in Q1 2023. The holding in GOOG fell by 22.7%, with 930400 shares held in Q4 2022 against 718580 held in Q1 2023.

6. UnitedHealth Group (UNH)

The healthcare sector saw a decrease in Gulf International Bank's holdings as well. Gulf International Bank's holding in UnitedHealth Group saw a decrease of 22.2%, with 157005 shares held in Q4 2022 compared to 122205 held in Q1 2023.

7. Pfizer (PFE)

Pfizer was another stock that Gulf International Bank decreased their holding in. In Q4 2022, Gulf International Bank held 967484 shares in Pfizer, which decreased by 37.1% to 764258 shares held in Q1 2023.

In summary, Gulf International Bank's latest 13F filings show a mixed portfolio, with changes made to holdings across sectors. Some stocks like NVIDIA witnessed gains, while other stocks like Apple, Microsoft, and Amazon saw sharp decreases. It remains to be seen how these changes in holdings will impact Gulf International Bank's portfolio in the coming year.