Penn Davis McFarland Inc Q4 2022 vs. Q1 2023 13F Holdings Comparison

In the world of finance, portfolio management is a crucial aspect for institutions and savvy investors alike. The 13F form is a quarterly report required by the United States Securities and Exchange Commission (SEC) from institutional investment managers that manage at least $100 million in assets. The form discloses the institution's holdings in terms of equity, options, and warrants. One of the firms that recently filed this form is Penn Davis McFarland Inc. Let's take a look at how their holdings changed between Q4 2022 and Q1 2023.

Tech Stocks Dominate Penn Davis McFarland Inc's Holdings

Penn Davis McFarland Inc's top positions in terms of value are in the technology sector. Alphabet Inc's Class C stock (GOOG) and Apple Inc. (AAPL) are their largest holdings. However, their holdings in these stocks remained almost the same between Q4 2022 and Q1 2023. The firm's next largest holding is Shell PLC (SHEL), which had a marginal increase of 2.3%.

On the other hand, Enterprise Products Partners L.P. (EPD) saw an 8.1% increase in Penn Davis McFarland Inc's holdings. EPD is an energy company that specializes in natural gas and crude oil pipelines. Another energy company, Kinder Morgan Inc. (KMI), saw a slight decrease in holdings by 1.1%.

Qualcomm Inc. (QCOM) and Activision Blizzard, Inc. (ATVI) are among the other tech companies that experienced an increase in Penn Davis McFarland Inc's holdings by 15.5% and 14.6%, respectively. The company's holdings in Bristol-Myers Squibb Co (BMY) and UnitedHealth Group Inc. (UNH) decreased by 4% and 12.3%, respectively.

PayPal Holdings, Inc. (PYPL) saw a significant increase in holdings by 34.5%. PYPL is a financial technology company that allows users to make online transactions. Spirit AeroSystems (SPR), a defense and aerospace company, also experienced an increase in holdings by 27.3%.

Other holdings that saw a decrease in Penn Davis McFarland Inc's portfolio are Liberty Media – SiriusXM (LSXMK), which saw a decrease of 23.4%, and Procter & Gamble (PG), which saw a decrease of 24.2%.

New Holdings in Q1 2023

In Q1 2023, Penn Davis McFarland Inc added two new positions to their portfolio. They purchased 2,565 shares of Reata Pharmaceuticals Inc. (RETA) and 1,218 shares of Accelleron Industries AG.

On the other hand, the firm sold all their holdings in Gaming and Leisure Properties Inc. (GLPI) and Healthpeak Properties, Inc. (PEAK).

Conclusion

Penn Davis McFarland Inc's portfolio is heavily weighted towards the technology sector. The firm's biggest holdings in Alphabet Inc's Class C stock and Apple Inc. remained stable in Q4 2022 and Q1 2023. However, they added new positions in Reata Pharmaceuticals Inc. and Accelleron Industries AG. It's important to note that the 13F filings only give a snapshot of an institutional investor's holdings. Penn Davis McFarland Inc's actual investment strategy and reasoning behind their holdings may not be fully captured in these filings.