Investment Report: Comparing South Street Advisors' Q3 2022 and Q4 2022 Holdings

South Street Advisors, LLC, released their holdings for Q3 and Q4 2022, revealing significant changes in their portfolio. With holdings in well-known companies like Apple, Microsoft, and Coca Cola, South Street Advisors' decisions can provide insight into current market trends. This article will examine the changes in their holdings and the possible reasons behind them.

Starting with Apple Inc. (AAPL), the holdings decreased by 0.48%, from 162,562 shares in Q3 to 161,787 in Q4, and the Q3 value at $22,466,000 decreased to $21,020,000, a 6.4% decrease. Though the percentage change is relatively small, the decrease in value might be a cause for concern for investors. With an ongoing global chip shortage and decreasing iPhone sales, Apple is facing many unfavourable circumstances. However, Apple's upcoming launches and highly anticipated products could help them regain market momentum.

Novo-Nordisk A/S (NVO) is a Danish pharmaceutical company that specialises in diabetes care, and in Q3, South Street Advisors held 156,367 shares worth $15,579,000, which in Q4 decreased to 152,509 shares at $20,640,000, an impressive 32.5% increase in value. Novo-Nordisk has experienced a series of successes recently, including a successful clinical study of a diabetes drug, which could potentially add to the corporation's bottom line.

Next, TJX Cos Inc New (TJX) held 255,288 shares in Q3, which decreased slightly to 254,240 shares in Q4. However, the value of holdings increased from $15,858,000 in Q3 to $20,237,000 in Q4, a 27.6% increase. TJX is a retail corporation that has experienced steady growth, despite an unstable market. With the outbreak of COVID-19, many individuals have shifted towards online stores, but TJX's unique selling point of selling discounted designer items keeps the in-store experience relevant.

Eli Lilly & Co (LLY) experienced a small decline in holdings, with Q3 having 48,596 shares and Q4 holding 48,266 shares. Although the decrease in shares is relatively small, the value of the shares decreased from $15,714,000 in Q3 to $17,657,000 in Q4, a 12.4% decrease. Eli Lilly & Co's portfolio includes a range of pharmaceuticals, including drugs that target chronic diseases like diabetes and oncology. Despite being a well-diversified company, the decrease in value could concern investors.

Amphenol Corp New (APH) experienced a negligible decrease in shares, holding 227,484 shares in Q3 and 225,832 shares in Q4. However, there was a 12.9% increase in value, with Q3 holdings valued at $15,232,000 and Q4 holdings valued at $17,194,000. Amphenol is a manufacturer of electronic and fiber optic connectors, which has seen a surge in demand due to the 5G rollout and growth in the aerospace and defence sectors.

Microsoft Corporation (MSFT) holdings increased by 4.3%, with Q3 holding 67,060 shares and Q4 holding 67,926 shares. There was also a 3.9% increase in value, with Q3 holdings worth $15,618,000 and Q4 holdings worth $16,290,000. With the rise of remote working, Microsoft's products like Azure and Office 365 have seen a significant increase in demand.

WEC Energy Group Inc (WEC) saw an increase in holdings, with Q3 holding 172,035 shares and Q4 holding 172,649 shares. The value of holdings also increased by 5.2%, with Q3 holdings valued at $15,385,000 and Q4 holdings valued at $16,187,000. WEC is an American energy company that provides electric and natural gas services, which is a critical industry and should remain stable despite market crashes.

In conclusion, South Street Advisors' holdings in Q3 and Q4 show a range of changes, from an increase in value for Novo-Nordisk to a decrease in value for Apple and Eli Lilly. The changes in holdings provide an insight into current market trends and help investors make well-informed decisions. However, it is important to remember that this is only a snapshot in time and should not be used as a sole source of trading information.