River Road Asset Management, LLC Q1 2023 vs. Q2 2023 13F Holdings Comparison

River Road Asset Management, LLC recently released its 13F holdings report, comparing the holdings in Q1 2023 to Q2 2023. This report provides valuable insights into the changes in the company's investment portfolio and offers investors a glimpse into the fund's investment strategy. In this article, we will delve into the notable changes in holdings and analyze the potential implications for investors.

BJ's Wholesale Club Holdings (BJ) Surges in Holdings by 33.9%

One of the standout changes in River Road Asset Management's portfolio is the significant increase in holdings of BJ's Wholesale Club Holdings (BJ) by 33.9%. This surge indicates a strong bullish sentiment towards BJ's Wholesale Club, a leading membership warehouse club chain in the United States. The increase in holdings suggests that River Road Asset Management sees potential growth prospects in the company and believes in its long-term value.

ATSG (Air Transport Services Group) Witnesses a Decrease in Holdings by 6.8%

On the other hand, River Road Asset Management reduced its holdings in Air Transport Services Group (ATSG) by 6.8%. This decrease may indicate a shift in strategy or a reevaluation of the company's growth potential. As an investor, it's important to understand the reasons behind this change and assess whether it aligns with your own investment goals.

Armstrong World Industries (AWI) Experiences an 18.4% Increase in Holdings

Armstrong World Industries (AWI) saw a significant increase in holdings by 18.4%. This indicates a positive outlook on the company, which specializes in the design and manufacture of innovative commercial and residential ceiling, wall, and suspension system solutions. River Road Asset Management's increased investment in AWI suggests confidence in the company's ability to deliver strong performance and capitalize on market opportunities.

UniFirst Corporation (UNF) Witnesses a Decrease in Holdings by 2.1%

River Road Asset Management reduced its holdings in UniFirst Corporation (UNF) by 2.1%. UniFirst Corporation is a provider of workplace uniforms and protective clothing, and the decrease in holdings might reflect a change in the fund's investment strategy or a reassessment of UniFirst Corporation's growth potential. Investors should closely monitor any updates or news regarding UNF to make informed decisions regarding their own portfolios.

Berkshire Hathaway Inc. Class B (BRK-B) Holdings Decrease by 6.3%

Another noteworthy change in River Road Asset Management's portfolio is the decrease in holdings of Berkshire Hathaway Inc. Class B (BRK-B) by 6.3%. Berkshire Hathaway is a multinational conglomerate led by renowned investor Warren Buffett. The decrease in holdings might raise questions for investors, calling for a closer look at the fund's reasoning behind this decision. It's crucial to dig deeper into the reasons behind the decrease and evaluate the long-term prospects of Berkshire Hathaway.

Conclusion

The 13F holdings report for River Road Asset Management, LLC provides valuable insights into the fund's investment strategy and portfolio adjustments. The notable changes in holdings, such as the increases in BJ's Wholesale Club Holdings, Armstrong World Industries, and the decreases in Air Transport Services Group and Berkshire Hathaway Inc. Class B, should be carefully analyzed and considered by investors. Understanding the reasoning behind these changes and evaluating the long-term prospects of the companies can help investors make informed decisions and align their portfolios accordingly.