Shapiro Capital Management LLC Q4 2022 vs. Q1 2023: A Look at the Latest Holdings Changes

Shapiro Capital Management LLC has filed its Form 13F with the SEC for the fourth quarter of 2022 and the first quarter of 2023. Here we take a closer look at some of the notable changes in the fund's holdings over this period.

One of the biggest changes was in Graphic Packaging Holding Co, which saw an increase of 19.8% in shares from Q4 2022 to Q1 2023. Lions Gate Entertainment Corp also saw a significant increase in shares, with Cl B shares rising by 91.7%.

Meanwhile, Dupont de Nemours saw a decline of 22.4% in shares from Q4 2022 to Q1 2023. Mohawk Industries, Inc. saw a drop in Q1 2023, with shares dropping by 20.1%.

Elanco Animal Health Inc. saw an increase of 14.9% in Q1, while Alphabet Inc. saw an increase of 32.5% in shares from Q4 2022 to Q1 2023.

Bank of America Corp saw an increase of 16.4% in shares in Q1 2023. Walt Disney Company also saw an increase of 20.2%.

The S&P Midcap 400 ETF had no shares in Q4 2022 but has now gained 20,000 shares in Q1 2023. The iShares Russell 2000 ETF saw an increase of 10.8% in shares, while iShares Russell 2000 Value Index saw an increase of 117.3% in shares.

In Q1, the fund acquired 2.35 million shares in Avantor, Inc., with a value of $49.75 million. This was a new position for the fund.

In summary, Shapiro Capital Management LLC made significant changes to its portfolio in Q1 2023 compared to Q4 2022. The fund made notable increases in holdings for Graphic Packaging Holding Co, Lions Gate Entertainment Corp, Elanco Animal Health Inc, Alphabet Inc, Bank of America Corp, and Walt Disney Company. Meanwhile, Dupont de Nemours and Mohawk Industries, Inc. saw a decline in shares. The fund also acquired 2.35 million shares in Avantor, Inc in Q1 2023.