River Road Asset Management, LLC Q4 2022 vs Q1 2023: Insights into Fund Holdings

River Road Asset Management, LLC is an independent investment management firm that specializes in providing equity and fixed-income investment solutions to its clientele. The firm works on behalf of institutional investors, high-net-worth individuals, and mutual funds. In this article, we will explore the Q4 2022 vs Q1 2023 quarterly holdings comparison of River Road Asset Management, LLC and delve into the company's insights.

During the Q4 2022 and Q1 2023 quarters, River Road Asset Management, LLC has shown fluctuations in holdings, both in terms of shares and value. After analyzing the funds, it can be observed that the shift in holdings can be attributed to the company's strategy to capitalize on market opportunities. Here are some of the funds that had the most significant changes in holdings for Q4 2022 vs Q1 2023.

The BJ's Wholesale Club Holdings (BJ) fund, with 12% growth in shares, is the biggest winner for this quarter. The Premier, Inc. Class A (PINC) and SM Energy Company (SM) funds reported a significant decline in shares by 12.8% and 10% respectively. Argan, Inc. (AGX), Viad Corp (VVI), and ePlus inc. (PLUS) witnessed mixed fortunes with an 8.4%, 13.9%, and 10.7% increase in shares, respectively. On the flip side, Carlisle Companies Incorporate (CSL) and SouthWest Gas Holdings, Inc. (SWX) faced a decline in shares of -3.6% and -35.6%, respectively.

In terms of fund values, the Kroger Co. (KR) fund saw a massive surge of 98.3%, while the Patterson Companies Incorporat (PDCO), CVS Health Corporation (CVS), and UniFirst Corporation (UNF) funds witnessed a decline in values by -4.9%, -24.6%, and -22.5%, respectively.

An intriguing detail to notice is the new entrants that River Road Asset Management, LLC has onboarded during the Q4 2022 vs Q1 2023 period. These funds include Keurig Dr Pepper Inc. (KDP) and NCR Corporation (NCR) with 122.5% surge and 2.1% increase in shares, respectively. On the other hand, TripAdvisor, Inc. (TRIP) was zero in Q4 2023, and in Q1 2023, it reported over 2.9 million shares.

Conclusion

In conclusion, the Q4 2022 vs Q1 2023 report of River Road Asset Management, LLC offers a fascinating insight into the fund's performance. By analyzing each fund's changes in shares and values, it can be observed that the asset management firm has made strategic decisions to capitalize on the market's opportunities. While some funds have shown a considerable surge in shares and values, others have shown declining trends. The new entrants also serve as a promising area that the company has decided to explore. Nonetheless, it is vital to note that market conditions are dynamic, and trends are expected to fluctuate, so investors should regularly monitor their portfolios' performances.