Steginsky Capital LLC Q3 2022 vs. Q4 2022: A Closer Look at Its Fund Holdings

Steginsky Capital LLC has recently released its 13F filings for Q3 2022 and Q4 2022, revealing significant changes in its fund holdings. The filings show that the hedge fund has reduced its position in some companies while increasing its investment in others. In this article, we will take a closer look at the changes in Steginsky Capital LLC's fund holdings and explore the possible reasons behind these moves.

Costco Wholesale Corp

Steginsky Capital LLC reduced its position in Costco Wholesale Corp by 4.5%, selling 1,828 shares and decreasing its total holding to 146,798 shares worth $67,013,000. Costco Wholesale Corp is a multinational corporation that operates a chain of membership-only warehouses. Steginsky Capital LLC's reduction in its position in the company may be due to concerns about the impact of rising inflation on consumer spending.

Alphabet Inc C Cap Stkcl C

Steginsky Capital LLC reduced its position in Alphabet Inc C Cap Stkcl C, the parent company of Google, by 8.8%, selling 7,753 shares and bringing its total holding to 627,114 shares worth $55,644,000. Alphabet Inc's advertising revenue is heavily reliant on digital advertising, and the recent regulatory scrutiny of big tech companies could negatively impact their future growth. Steginsky Capital LLC may have decided to reduce its holdings in anticipation of this.

Markel Corp

Steginsky Capital LLC increased its position in Markel Corp by 25.1%, adding 1,132 shares and bringing its total holding to 39,061 shares worth $51,462,000. Markel Corp is a holding company for insurance, reinsurance, and investment operations globally. Steginsky Capital LLC's increase in its position in the company could be due to its positive outlook on the insurance sector.

Martin Marietta Matls Inc

Steginsky Capital LLC increased its position in Martin Marietta Matls Inc by 5.1%, adding 178 shares and bringing its total holding to 111,007 shares worth $37,517,000. Martin Marietta Matls Inc is a leading supplier of aggregates, cement, and ready-mixed concrete in the US. The construction industry has been experiencing robust growth in recent years, fuelled by low-interest rates and strong job markets. Steginsky Capital LLC may have increased its position in the company due to its bullish stance on the construction industry's outlook.

Fastenal Co

Steginsky Capital LLC increased its position in Fastenal Co by 4%, adding 8,152 shares and bringing its total holding to 685,087 shares worth $32,418,000. Fastenal Co is an American company that sells industrial and construction supplies. Steginsky Capital LLC's increase in its position in the company may be due to its expectation of strong demand for industrial and construction supplies in the upcoming quarters, considering the recent acceleration in infrastructure projects.

Berkshire Hathaway Inc Del CL B New

Steginsky Capital LLC reduced its position in Berkshire Hathaway Inc Del CL B New by 11.8%, selling 2,927 shares and bringing its total holding to 83,389 shares worth $25,759,000. Berkshire Hathaway Inc is a conglomerate that holds several businesses and investment assets. Steginsky Capital LLC's reduction in its position in the company may be due to its lower expectations from the conglomerate's diverse holdings.

Alphabet Inc Cl A

Steginsky Capital LLC maintained its position in Alphabet Inc Cl A, the parent company of Google, holding 10,780 shares worth $951,000. Alphabet Inc Cl A is the publicly traded class of shares for Google's parent company. This could be a part of Steginsky Capital LLC's strategy to gain relevant exposure to the digital and technological sectors via their holdings.

In conclusion, Steginsky Capital LLC made significant changes in its fund holdings between Q3 and Q4 2022, reducing its position in some stocks while increasing its holdings in others. While the exact reasons behind these moves might not be clear, they indicate the hedge fund's expectations and outlook on the various industries where it has invested its holdings.