Sandhill Capital Partners Q3 vs. Q4 2022: A Look at the Fund's Changing Holdings

Sandhill Capital Partners LLC recently filed its 13F report, which details the fund's holdings as of Q3 and Q4 2022. The report reveals significant changes in the fund's portfolio, including some new positions, increased holdings, and reduced positions.

Let's take a closer look at some of the fund's top holdings and the changes that occurred between Q3 and Q4 2022.

Intuitive Surgical (ISRG)

Intuitive Surgical is one of the fund's top holdings, and it remained so throughout Q3 and Q4 2022. However, the fund decreased its position slightly, selling 5,051 shares between the two quarters. Despite this reduction, the value of the fund's holdings in Intuitive Surgical increased by 37.8% due to the stock's strong performance during the period.

Linde PLC (LIN)

Linde PLC, another top holding of the fund, also saw a slight decrease in the fund's position between Q3 and Q4 2022. The fund sold 2,747 shares, reducing its holdings by 2.05%. However, the value of the fund's holdings in Linde PLC increased by 18.5% during the same period.

Palo Alto Networks (PANW)

Palo Alto Networks is the fund's third-largest holding, and it saw a significant increase in the fund's position during Q4 2022. The fund purchased 25,019 shares, increasing its holdings by 9.87%. Unfortunately, the stock's performance during the period was less than stellar, resulting in a -6.4% change between Q3 and Q4.

Microsoft (MSFT)

Microsoft is another stock that saw significant changes in the fund's position between Q3 and Q4 2022. The fund increased its holdings by 10,702 shares, a staggering increase of 52%. As a result, the value of the fund's holdings in Microsoft more than doubled during the period.

Other Notable Changes

The fund made several other notable changes to its portfolio between Q3 and Q4 2022. Waste Management Inc. (WM) saw a decrease in the fund's holdings, with the fund selling 713 shares in Q4. On the other hand, Honeywell International Inc. (HON) saw an increase in the fund's position, with the fund purchasing 25,423 shares during the same period.

Finally, the fund created some new positions during Q4 2022. Catalent Inc. (CTLT) and Novo Nordisk A/S (NVO) were two of the new positions taken by the fund during the period.

Conclusion

In conclusion, Sandhill Capital Partners made significant changes to its holdings between Q3 and Q4 2022. While some positions were reduced, others were increased or newly created, reflecting the fund's constantly evolving investment strategy. As always, investors should carefully review any 13F reports to help inform their investment decisions.