Navigating Q3 vs. Q4 2022: Examining Changes in Holdings of the Heritage Trust Co Fund

Investing in the stock market can be a risky game, and tracking the changes in holdings of a mutual fund can help investors make informed decisions about their portfolios. The Heritage Trust Co Fund is a popular choice for investors looking for long-term growth and stability. In this blog post, we'll analyze the Q3 vs. Q4 2022 changes in holdings of the Heritage Trust Co Fund and explore what these changes mean for investors.

The Heritage Trust Co Fund holds positions in a diverse range of companies, from technology giants like Apple and Microsoft to pharmaceutical giants like AbbVie and Johnson & Johnson. The fund's Q3 2022 and Q4 2022 holdings are summarized in the table above. The table includes Sym (ticker symbol), Issuer Name (company name), Option Type, Q3 2022 (SHARES), Q4 2022 (SHARES), Q3 2022 VALUE ($000), Q4 2022 VALUE ($000), and Chg % (change percentage).

Introduction

The Heritage Trust Co Fund is an actively managed mutual fund that aims to provide long-term growth and stability through a diversified portfolio. The fund's investment strategy is to invest in companies with strong fundamentals and growth prospects. The fund's holdings are regularly reviewed, and changes are made depending on the fund manager's assessment of the companies' performance.

In this blog post, we'll examine the Q3 vs. Q4 2022 changes in holdings of the Heritage Trust Co Fund. Our analysis will focus on the top holdings of the fund and explore what these changes mean for investors.

Main Body

Top holdings at the end of Q3 2022:

1. VEA (Vanguard) - 602,524 shares worth $21,907,000

2. AAPL (Apple Inc.) - 233,328 shares worth $32,246,000

3. MSFT (Microsoft Corp.) - 118,965 shares worth $27,706,000

4. ABBV (AbbVie Inc.) - 87,899 shares worth $11,797,000

5. HD (Home Depot Inc.) - 43,276 shares worth $11,942,000

Top holdings at the end of Q4 2022:

1. VEA (Vanguard) - 592,527 shares worth $24,868,000

2. AAPL (Apple Inc.) - 230,007 shares worth $29,884,000

3. MSFT (Microsoft Corp.) - 119,556 shares worth $28,671,000

4. ABBV (AbbVie Inc.) - 88,432 shares worth $14,291,000

5. HD (Home Depot Inc.) - 44,024 shares worth $13,905,000

As we can see from the table, the Heritage Trust Co Fund reduced its holdings in Apple Inc. and Alphabet Inc. but increased its holdings in AbbVie Inc., Home Depot Inc., and Johnson & Johnson. The fund increased its share of the Home Depot Inc. position by 16.4% and its share of the Johnson & Johnson position by 8.2%.

One notable change is the significant increase in holdings of SPDR S&P 500 (MKT) (SPY), from 16,787 shares worth $5,996,000 in Q3 2022 to 22,761 shares worth $8,704,000 in Q4 2022, representing a 45.2% increase. This increase in exposure to the S&P 500 index could indicate that the fund is taking a more bullish stance on the overall market.

The fund reduced its holdings in Amazon.com, Inc. from 61,069 shares worth $6,901,000 in Q3 2022 to 46,901 shares worth $3,939,000 in Q4 2022, representing a 42.9% reduction. This reduction could indicate that the fund is becoming less optimistic about Amazon's prospects in the near term.

Conclusion

Investors who own the Heritage Trust Co Fund or are considering investing in it should pay attention to the changes in the fund's holdings. These changes can provide insights into the fund manager's view of the market and a particular company's future prospects.

In summary, the Heritage Trust Co Fund has increased its exposure to the S&P 500 index and adjusted its holdings in individual companies such as Amazon.com, Inc., AbbVie Inc., and Home Depot Inc. These changes may indicate that the fund manager is becoming more optimistic about the overall market, while remaining cautious about a few individual companies.

Investors should keep in mind that mutual funds are managed and can perform differently from the market. It's important to do your due diligence and consult with a financial advisor before making any investment decisions. Nevertheless, keeping an eye on changes in holdings can help investors identify trends and make informed decisions about their investments.