Northpointe Capital LLC Q2 2019 vs. Q3 2019: A Closer Look at Holdings Changes

Investing in the stock market is not for the faint-hearted. It requires impeccable timing, astute decision-making, and plenty of research. Even the best investors can have difficulty keeping up with their holdings during the changing economic landscape, which is why keeping tabs on 13F holdings is so essential to ensure that a portfolio is serving its purpose. In this article, we shed light on the notable changes made by Northpointe Capital LLC as outlined in their Q2 2019 vs. Q3 2019 13F holdings comparison. Firstly, it is worth noting that Northpointe Capital LLC has been in business for over a decade, and they are a value-oriented firm specializing in small to mid-cap equities in the US and Canadian markets. They manage portfolios for both individual and institutional clients and have approximately $2.2 billion AUM. A Decrease in Holdings When looking at the comparison, the first thing to note is that Northpointe Capital LLC has reduced their holdings in over half of the equities they were invested in Q2 2019. This move is not unusual, as investors are continuously shifting their portfolios to match the ever-changing market trends. The following equities had the most significant decreases in shares and value:

• Berkshire Hathaway Inc Del (BRK-B): Northpointe Capital LLC reduced their shares in this equity by 20.1% and the value by 22%.
• JPMorgan Chase & Co (JPM): The number of shares held by Northpointe Capital LLC in JPM has reduced by 24.5% with the value decreasing by 20.5%.
• Procter & Gamble Co (PG): The number of shares in PG that Northpointe Capital LLC held decreased by 21.1% with the value decreasing by 10.7%.
• Citigroup Inc (C): The number of shares in C that Northpointe Capital LLC held decreased by 0.9% with the value decreasing by 0.4%.
• Chevron Corp New (CVX): There was a 21.3% decrease in the number of shares held with a 25% reduction in the value held by Northpointe Capital LLC. An Increase in Holdings While Northpointe Capital LLC reduced their holdings in several equities, they also increased their shares in some. The following equities witnessed the most significant increase in shares and value:
• Intel Corp (INTC): Northpointe Capital LLC increased their shares in INTC by a staggering 80% with the value increasing by 94.7%.
• Pilgrims Pride Corp New (PPC): There was a 19.8% increase in the number of shares held by Northpointe Capital LLC in PPC, with the value increasing by 51%.
• Keurig Dr Pepper Inc (KDP): The number of shares in KDP that Northpointe Capital LLC held increased by 29.4%, with the value increasing by 22.5%. No Change in Holdings While Northpointe Capital LLC made several changes during the Q2 2019 vs. Q3 2019 comparison, they also maintained their holdings in some equities. The following equities did not see any changes in the shares held, nor in the value:
• Southern Co (SO)
• Allstate Corp (ALL)
• Brixmor Ppty Group Inc (BRX)
• Danaher Corporation (DHR)
• Essex Ppty Tr Inc (ESS)
• Xerox Holdings Corp (XRX)
• NextEra Energy Inc (NEE)
• CenterPoint Energy Inc (CNP)
• Cummins Inc (CMI)
• CME Group Inc (CME)
• Realty Income Corp (O) In Conclusion Overall, investing is an ever-changing game and requires the right strategy to succeed. The changes in holdings made by Northpointe Capital LLC during Q2 2019 vs. Q3 2019 show that even professionals shift their portfolios in response to market changes. Investors should take careful consideration of their holdings to ensure their portfolios remain competitive.