Mondrian Investment Partners' Q3 vs. Q4 2022 13F Holdings: Tactical Adjustments in Pursuit of Growth

Mondrian Investment Partners LTD Q3 2022 vs. Q4 2022 13F Holdings Comparison

Mondrian Investment Partners is a London-based asset management firm that specializes in global investment solutions, catering to institutional investors, advisers, and individual investors across continents. The firm seeks to drive long-term value for its clients by investing in securities with solid fundamentals and high growth potential.

Every quarter, the Securities and Exchange Commission (SEC) requires institutional investment firms like Mondrian Investment Partners to report their equity holdings. This filing, called Form 13F, provides a snapshot of the biggest companies that Mondrian and other institutional investors bought or sold during the quarter. Based on this report, let's take a closer look at the third and fourth quarters of 2022.

Changes in Holdings for the Quarterly Period

The table above highlights some of the major changes in the holdings of Mondrian Investment Partners from Q3 to Q4 2022. The firm sold 345,056 shares of Vale SA ADR, but still maintains 8,928,948 shares. Vale was one of the top performers in the Brazilian stock market after the pandemic-related lockdown was lifted, and it has continued to grow since then. The decision to sell a portion of its holdings indicates that Mondrian Investment Partners still sees value in the company but has decided to take some profits.

One of the most significant changes in holdings was TC Energy, which saw an increase in holdings from 778,580 shares to 2,936,016 shares. TC Energy is a Canadian natural gas and electricity transmission company, with assets in Canada, the US, and Mexico. This change in holdings indicates that Mondrian Investment Partners sees growth potential in the energy sector.

Another interesting change in holdings for the quarter is the complete sell-off of Mondrian's holdings of Electronic Arts (EA). The company sold all of its 607 shares in the company during the quarter. Electronic Arts is a leading developer and publisher of video games, with popular franchises such as FIFA, Madden NFL, and Need for Speed. The decision to exit this position may have been due to the increased competition in the gaming industry, which could put pressure on future revenue growth.

Other significant changes in holdings include an increase in Chevron Corporation shares from 0 to 6,541, an increase in Pepsi shares from 98,565 to 69,037, and a massive increase in Waste Management shares from 1,600 to 1,600. These changes in holdings indicate that Mondrian Investment Partners is diversifying its portfolio, pursuing growth opportunities, and making tactical adjustments based on the current market environment.

Analysis and Conclusion

In conclusion, the Q3 and Q4 2022 holdings comparison for Mondrian Investment Partners shows how the firm has been actively managing its portfolio, buying and selling equities based on market opportunities and investment strategies. Like any institutional investor, Mondrian is always looking to optimize its holdings with a long-term perspective. These changes in holdings comprise its investment strategy to maximize returns in a dynamic market.

The equity holdings of Mondrian Investment Partners show that it has a diverse portfolio across multiple sectors, including finance, energy, technology, and retail. Its decision to take profits on some positions, while increasing exposure to other companies, indicates that the firm is adept at navigating the volatile markets and can identify opportunities for growth even amidst uncertainty.

Overall, this analysis shows that Mondrian Investment Partners is a smart, forward-thinking institutional investor with a strategic investment approach. It remains consistent with its philosophy of investing in companies with fundamental value, strong growth potential, and a long-term outlook.