Nippon Life Global Investors Americas, Inc. Q3 2022 vs. Q4 2022 13F Holdings Comparison

In the third quarter of 2022, Nippon Life Global Investors Americas, Inc. reported significant changes in holdings across various securities. However, their Q4 2022 13F holdings comparison shows an interesting trend. While some of the assets experienced a considerable rise in value, others suffered a sharp decline.

Let's take a closer look at some of the stocks that contributed to these changes in the holdings.

Microsoft Corp (MSFT)

In the third quarter of 2022, Nippon Life Global Investors Americas, Inc. held shares worth $105,190 in Microsoft. However, in Q4 2022, their holdings grew slightly to reach $108,461, a 3.1% increase. Microsoft has delivered robust returns in the past few years, which might have influenced the decision to increase their holdings in the company.

Apple Inc (AAPL)

Apple Inc's ($AAPL) shares have been experiencing some instability in the past year. Nippon Life Global Investors Americas, Inc. held shares worth $78,090 in AAPL in Q3 2022, which declined by 6.4% to $73,068 in Q4 2022. Nonetheless, the tech giant recently reported better-than-expected financial results, which could positively impact their stock price.

PG&E Corp (PCG)

PG&E Corp ($PCG) is an American utility holding corporation that serves Northern and Central California. In the third quarter, Nippon Life Global Investors Americas, Inc. held 2,171,570 shares worth $27,145. But in the fourth quarter, that number fell by 28.5% to 2,145,120 shares worth $34,879. PG&E Corp had recently been affected by wildfires and had filed for bankruptcy in 2019, which might have informed the decision to decrease their holdings in the company.

Amazon.com Inc (AMZN)

Amazon ($AMZN) is among the most successful and widely used online retailers. However, Nippon Life Global Investors Americas, Inc. decreased their holdings in the company by 26% in the fourth quarter, from 476,570 shares worth $53,852 to 474,430 shares worth $39,852. Although Amazon has witnessed robust growth over the past few years, it appears that Nippon Life Global Investors Americas, Inc. decided to reduce their holdings in the company this quarter.

Chevron Corp (CVX)

Chevron Corp ($CVX) is one of the leading oil and gas corporations in the world. Nippon Life Global Investors Americas, Inc. held just about 43,580 shares worth $6,262 in Q3 2022 but significantly increased their holdings by 362.2%. In Q4 2022, they held 161,260 shares in the company, with a value of $28,944. Following the stock market trends, with the increasing oil prices due to the pandemic, this increase in Chevron's holdings in the company could lead to better returns for Nippon Life Global Investors Americas, Inc.

Conclusion

Nippon Life Global Investors Americas, Inc.'s Q3 2022 vs. Q4 2022 13F holdings comparison showcases the constantly changing nature of the stock market. They have witnessed both gains and setbacks in the companies they invested in. However, with sound financial decisions based on ongoing market research and examination, investing in firms with high potential, such as Microsoft or Chevron, could lead to better outcomes for them in the long run.