Investment Report: Los Angeles Capital Management LLC Q3 vs. Q4 2022

Los Angeles Capital Management LLC has released its 13F holdings comparison report for Q3 2022 vs. Q4 2022. The report provides insight into the investment firm's portfolio changes during the last quarter of 2022. In this article, we will analyze the changes in holdings of the LA-based firm and provide insights into their investment strategy.

Microsoft Corp

Microsoft Corp. (MSFT) remained one of the top holdings in Los Angeles Capital Management LLC's portfolio. However, the firm reduced its holdings by 5% in Q4 2022, selling off 383,131 shares. Despite the reduction, Microsoft was one of the top contributors to the firm's gains in the quarter.

Apple Inc

Apple Inc. (AAPL) was another of the firm's top holdings that experienced a significant reduction in Q4 2022. Los Angeles Capital Management LLC sold off 4,69,915 shares, reducing its holdings by 10.7%. The move was unexpected as Apple's stock price had been performing well over the previous quarter.

Broadcom Inc

Broadcom Inc. (AVGO) saw a slight decrease in the firm's holdings of 1,622 shares (-0.18%) in Q4 2022. However, the value of the shares increased by 25.7%, contributing significantly to the firm's gains in the quarter.

UnitedHealth Group Inc

Los Angeles Capital Management LLC increased its holdings in UnitedHealth Group (UNH) by 35.3% in Q4 2022, adding 165,630 shares to its portfolio. While the stock's price saw a marginal decrease during the quarter, UNH was one of the top contributors to the firm's gains.

Amazon.com Inc

Amazon.com Inc. (AMZN) was another of the firm's top holdings that saw a significant reduction in the quarter. Los Angeles Capital Management LLC sold off 295,305 shares (-7.8%) over the quarter, bringing its holdings to 3,790,531 shares.

Home Depot Inc

Home Depot Inc. (HD) saw a significant increase in the firm's holdings, with Los Angeles Capital Management LLC adding 181,869 shares in Q4 2022, increasing its holdings by 41.1%. The move was expected as the stock had been performing well during the quarter.

United Parcel Service Inc

Los Angeles Capital Management LLC reduced its holdings in United Parcel Service Inc. (UPS) by 1.54%, selling off 24,377 shares in Q4 2022. However, the stock's value increased by 6.0%, contributing to the firm's overall gains in the quarter.

Pfizer Inc

Pfizer Inc. (PFE) saw a marginal increase in the firm's holdings, with Los Angeles Capital Management LLC adding 9,646 shares to its portfolio in Q4 2022. The stock's value increased by 16.9%, contributing slightly to the firm's gains in the quarter.

Johnson & Johnson

Johnson & Johnson (JNJ) saw a significant increase in Los Angeles Capital Management LLC's holdings in Q4 2022, with the firm adding 92,147 shares (+7.0%) to its portfolio. The stock's value also saw a marginal increase, contributing to the firm's overall gains for the quarter.

Mastercard Inc

Mastercard Inc. (MA) saw a substantial increase in the firm's holdings in Q4 2022, with Los Angeles Capital Management LLC adding 79,715 shares (+12.9%) to its portfolio. The stock's value increased by 38.1%, contributing significantly to the firm's overall gains in the quarter.

Chubb Limited

Chubb Limited (CB) saw the most substantial increase in the firm's holdings, with Los Angeles Capital Management LLC adding 22.5% to its portfolio. The firm added 22,560 shares, increasing its total holdings to 122,577. The stock's value saw a substantial increase, contributing significantly to the firm's overall gains in the quarter.

Conclusion

The Q3 vs. Q4 2022 Los Angeles Capital Management LLC 13F holdings comparison report provides insight into the firm's investment strategy for the last quarter of 2022. The firm increased its holdings in several stocks, including UnitedHealth Group Inc, Johnson & Johnson, and Chubb Limited. Meanwhile, the firm reduced its holdings in stocks such as Apple Inc. and Amazon.com Inc. Overall, the firm's portfolio changes seem to reflect a bullish outlook for the market.