Mapping Changes In Fund Holdings: Horan Capital Advisors Q4 2022 vs. Q1 2023

As an avid investor, staying up-to-date with market trends and changes in fund holdings is a critical aspect to note when managing investments. Horan Capital Advisors recently released their Q4 2022 and Q1 2023 13F holdings comparison, which makes for an insightful read for investors. This comparison shows how the fund holdings changed from one quarter to another, with notable shifts in the allocation of shares and the value of investments.

Let’s take a closer look at some of the key changes in holdings by examining some of the issuers mentioned.

Apple Inc (AAPL)

Apple Inc has been a staple holding in Horan Capital’s portfolio, and this has not changed in Q4 2022 and Q1 2023. The total shares owned by Horan Capital Advisors increased from 92,483 in Q4 2022 to 93,916 in Q1 2023, representing an increase of 1.5%. The value of the shares went up from $12,016,000 to $15,486,000. This increase in holdings shows that Horan Capital Advisors placed more confidence in Apple's growth prospects in the upcoming quarter.

Microsoft Corp (MSFT)

Horan Capital Advisors also showed strong support for Microsoft Corp. Shares owned in Microsoft increased from 41,114 in Q4 2022 to 42,110 shares in Q1 2023. This increase represents a 2.4% increase in total shares. Additionally, the value of the shares increased from $9,859,000 to $12,140,000, representing a 23.1% increase. This is a significant increase and could signify that Horan Capital Advisors expects the company's growth to continue.

Qualcomm Inc (QCOM)

Horan Capital Advisors also increased its holdings in Qualcomm by 1.6% from 38,882 shares in Q4 2022 to 39,083 shares in Q1 2023. Additionally, the value of the shares increased from $4,274,000 to $4,986,000, which represents a 16.6% increase in value. This increase could be attributed to the increasing demand for 5G technology, which Qualcomm specializes in.

BorgWarner Inc (BWA)

Horan Capital Advisors increased its holdings in BorgWarner Inc. The total shares owned increased from 94,267 shares in Q4 2022 to 94,021 in Q1 2023, representing a decrease of 0.3%. However, the total value of shares increased from $3,794,000 to $4,617,000, representing a 21.7% increase in value. This is a promising sign, and it suggests that Horan Capital Advisors has faith in the company's growth prospects.

CVS Health Corp (CVS)

Horan Capital Advisors decreased its holdings in CVS Health Corp in Q1 2023. The total shares owned decreased from 40,560 in Q4 2022 to 41,292, representing a decrease of 1.8%. Additionally, the value of the holdings decreased from $3,779,000 to $3,068,000, representing an 18.8% decrease. This decrease could be attributed to the ongoing impact of COVID-19 on the company, with some investors feeling unsure about the future of pharmacy and retail.

Conclusion

In conclusion, there were several shifts worth noting in the Horan Capital Advisors Q4 2022 vs. Q1 2023 13F holdings comparison. Overall, it’s essential to note that changes in holdings are a common aspect of investing; the portfolios get reshuffled now and then to reflect changing market conditions. However, if you're looking for insights into particular companies or sectors, this data can provide valuable information to help guide your investment decisions.