Profit Investment Management, LLC Q4 2022 vs. Q1 2023: A Look into the Fund Holders

In the world of investing, knowing which stocks are being held in a fund's portfolio is crucial information. This knowledge can help investors make informed decisions about their own investments. Fortunately, all funds with more than $100 million in assets are required to file a Form 13F with the Securities and Exchange Commission (SEC) every quarter, disclosing their holdings.

This article delves into the Q4 2022 vs. Q1 2023 13F holdings comparison of Profit Investment Management, LLC, a fund with $1.2 billion in assets under management. Here's what the data reveals:

Some of the Winners for Profit Investment Management, LLC

Reliance Steel & Aluminum Co (RS) tops the chart, with the same number of shares held in both quarters. The stock value has grown from $6.58 billion to $8.34 billion, representing a whopping 26.8% increase, making it a profitable investment for the fund.

Fair Isaac Corp (FICO) comes in second, maintaining its position as a top stock with the same number of shares held in both quarters. The stock value increased from $5.67 billion to $6.66 billion, a gain of 17.4%, showing that this has been a profitable investment for the fund.

Wesco Intl Inc (WCC) is another top-performing stock for Profit Investment Management, LLC. The company held the same number of shares in both quarters, but the stock value grew from $5.01 billion to $6.19 billion, representing a gain of 23.4%.

Forward Air Corp (FWRD) takes fourth place with a 2.7% increase in stock value from $5.56 billion to $5.71 billion.

And the Not-So-Lucky Ones

Eagle Bancorp Inc MD (EGBN) and Live Oak Bancshares Inc (LOB) have been the two biggest losers in Profit Investment Management, LLC's portfolio.

Eagle Bancorp Inc MD's stock value has plummeted from $3.86 billion to $3.09 billion, representing a 20.1% decrease. Meanwhile, Live Oak Bancshares Inc has lost 19.3% of its stock value, sinking from $2.3 billion to $1.86 billion.

Similarly, Pfizer Inc (PFE) has not been a good investment for the fund. The number of shares held by Profit Investment Management LLC has remained the same in both quarters, but the stock value has dropped from $355 million to $282 million, decreasing by 20.4%.

Intel Corp (INTC) is an interesting case. The fund's holdings for INTC have increased from 24,565 shares to 31,035 shares. However, the stock value's percentage increase is also coupled with a 56.2% increase. It seems like the fund's decision to increase their holdings in INTC is paying off.

The Takeaway

Profit Investment Management, LLC is an influential fund with a diversified portfolio. The Q4 2022 vs. Q1 2023 comparison of holdings shows how the fund has made some savvy investment decisions and taken a few losses as well. While no investment is a guaranteed success, keeping an eye on the 13F filings can help investors make an informed decision about which stocks to hold and which ones to sell.