SeaBridge Investment Advisors LLC's Q3 2022 vs. Q4 2022 13F Holdings Comparison: Analyzing the Latest Changes in Holdings

SeaBridge Investment Advisors LLC, a registered investment advisor, recently filed its Form 13F with the Securities and Exchange Commission. The report details the firm's holdings as of the end of the third quarter of 2022 and provides a side-by-side comparison with the fourth quarter of 2022. In this blog post, we will analyze and discuss the latest changes in the firm's holdings based on the CSV file provided.

Introduction

SeaBridge Investment Advisors LLC is a registered investment advisor that manages $4.8 billion in assets. The firm specializes in managing separate account portfolios for high net worth individuals, families, and institutions. Their investment philosophy is focused on long-term wealth creation by investing in high-quality businesses with sustainable competitive advantages that can generate above-average returns.

Main Body

The CSV file provided contains detailed information on SeaBridge's holdings as of the end of the third quarter of 2022 and the fourth quarter of 2022. The file includes the issuer name, option type, the number of shares held in each quarter, the value in thousands of dollars of each holding, and the percentage change in holdings from Q3 2022 to Q4 2022.

SeaBridge's largest holding is in Vanguard Scottsdale Fds, with over 1.7 million shares held at the end of Q4 2022. The value of this holding decreased by 27.6% from $24.4 million in Q3 2022 to $17.6 million in Q4 2022. This trend is in line with the overall decrease in holdings for the fund, with a total decrease of 6.4% in the value of their holdings.

Microsoft Corp saw an increase in holdings, with SeaBridge holding 37842 shares at the end of Q3 2022 and 40198 shares at the end of Q4 2022. The value of this holding also increased from $8.8 million to $9.6 million, representing a 9.4% increase in value.

Apple Inc, another of the firm's largest holdings, saw a decrease in both the number of shares held and the value of the holding. SeaBridge held 77403 shares at the end of Q3 2022, but this number decreased to 73095 shares by the end of Q4 2022. The value of the holding also decreased, from $10.7 million to $9.5 million, representing an 11.2% decrease in value.

SeaBridge's holdings in Pfizer Inc increased slightly from Q3 2022 to Q4 2022, with the firm holding 131916 shares at the end of Q4 2022. The value of this holding also increased by 12.8% from $5.8 million to $6.5 million.

Berkshire Hathaway Inc Del saw a decrease in holdings, with SeaBridge holding 22319 shares at the end of Q3 2022 and 20997 shares at the end of Q4 2022. However, the value of this holding increased from $5.9 million to $6.5 million, representing an 8.8% increase in value.

SeaBridge increased their holdings of Becton Dickinson & Co in Q4 2022, with 25425 shares held at the end of the quarter compared to 23333 shares in Q3 2022. The value of this holding also increased significantly by 24.4%.

The Vanguard BD Index Fds saw the largest decrease in holdings among the firm's largest holdings, with SeaBridge holding 99843 shares at the end of Q3 2022, but only 82236 shares at the end of Q4 2022. The value of this holding also decreased by 17.1%.

Conclusion

SeaBridge Investment Advisors LLC's Form 13F for Q3 2022 vs. Q4 2022 showed both increases and decreases in their holdings. While some of the firm's largest holdings saw a decrease in value, others saw an increase, highlighting the volatility of the market. SeaBridge's focus on long-term wealth creation by investing in high-quality businesses with sustainable competitive advantages is reflected in their holdings, which have consistently performed well over the long term. Investors should track SeaBridge's 13F filings to stay updated on the firm's latest holdings and investment strategies.