Oak Asset Management's Q4 2022 to Q1 2023 13F Holdings Comparison

In the world of investing, keeping track of a fund's holdings and changes within them is crucial to making informed decisions. One such fund is Oak Asset Management's LLC, which recently released its Q4 2022 to Q1 2023 13F Holdings Comparison. Let's take a closer look at the changes and what they could mean for investors.

First off, some basic information: Oak Asset Management is a Massachusetts-based investment advisory firm. A 13F is a quarterly report that institutional investment managers with over $100 million in assets under management must file with the SEC, disclosing their holdings of publicly traded securities. This report provides valuable insights into how institutions are positioning their assets and can be an indicator of market sentiment.

Now, let's dive into the changes in Oak Asset Management's holdings. Apple Inc (AAPL) saw a decrease of 2.1% in shares held, but an increase of 24.5% in value between Q4 2022 and Q1 2023. Similarly, Amgen Inc (AMGN), Chevron Corp New (CVX), and CVS Health Corp (CVS) all saw decreases in shares held but increases in value. Qualcomm Inc (QCOM), on the other hand, saw a slight decrease in shares held but a significant increase of 15.9% in value.

Some of the biggest changes in Oak Asset Management's holdings were in Fastenal Co (FAST), NVIDIA Corporation (NVDA), and Waste Management Inc Del (WM). Fastenal Co saw an increase of 13.4% in shares held and 13.7% in value. NVIDIA Corporation saw a decrease in shares held but a whopping 89% increase in value between Q4 2022 and Q1 2023. Waste Management Inc Del saw a massive increase of 54.5% in shares held and 60.2% in value.

Other companies worth mentioning include Intel Corp (INTC), Procter and Gamble Co (PG), and American Tower Corp New (AMT). Intel Corp saw an increase of 1.1% in shares held and a 25% increase in value. Procter and Gamble Co saw a decrease of 0.5% in shares held and a 2.4% decrease in value. American Tower Corp New saw no change in shares held but a 2% decrease in value.

What can we take away from these changes in holdings? It's worth noting that Oak Asset Management seemed to be shifting away from some big-name companies like Apple and Amgen, while also increasing its holdings in lesser-known companies like Fastenal and Waste Management. It's impossible to say for sure what the motivations behind these changes were, but it's worth keeping an eye on these companies in the future.

Additionally, the substantial increase in value for NVIDIA Corporation is definitely worth noting, as is the increase in value for Intel Corp. It's possible that Oak Asset Management sees potential for growth in these companies and is investing accordingly.

In conclusion, Oak Asset Management's Q4 2022 to Q1 2023 13F Holdings Comparison provides valuable insights into how this institutional investment manager is positioning its assets. While it's difficult to say for certain what the motivations behind these changes in holdings were, investors can use this information to inform their own decisions and potentially identify companies with growth potential.