The Changing Face of Lmcg Investments: A Q3 to Q4 2022 Analysis

2022 has been an eventful year for investors, with the stock market experiencing its share of ups and downs. It's no different for Lmcg Investments, LLC, a well-known investment firm with a long history of managing successful portfolios. In this article, we'll look at the changes in holdings of one of Lmcg Investments' funds, comparing its Q3 2022 to Q4 2022 13F holdings, and what it means for investors going forward.

First, let's define what we mean by 13F holdings. The Securities and Exchange Commission (SEC) requires all institutional investment managers with over $100 million in assets to file a quarterly report known as a 13F. The report lists all equity holdings of the investment manager. The 13F is a useful tool for investors to track what institutional investors are buying or selling.

In the following sections, we'll examine the largest holdings of Lmcg Investments, LLC for Q3 and Q4 2022.

Top Holdings in Q3 2022

Microsoft Corp (MSFT)

At the beginning of Q3 of 2022, Lmcg Investments held 238,804 shares in Microsoft Corp valued at $55,617 thousand. However, by the end of Q3, its holdings had decreased by 1.7% to 235,832 shares valued at $56,557 thousand. While the decrease in holdings was marginal, the decrease in value was insignificant when compared to the increase in value of some of its other holdings.

Apple Inc (AAPL)

Lmcg Investments' second-largest holding in Q3 was Apple Inc, with 404,108 shares valued at $55,848 thousand. However, by the end of Q4, the number of shares decreased by 7.8%, down to 396,163 shares valued at $51,473 thousand. The decrease in shares could be due to increased competition and the company's valuation.

Amazon.com Inc (AMZN)

Lmcg Investments' third-largest holding in Q3 was Amazon.com, with 379,351 shares valued at $42,866 thousand. However, by the end of Q4, the number of shares increased marginally to 385,380 shares but its value decreased significantly to $32,371 thousand, a decrease in value of 24.5%. This decrease in value could be due to the intense competition in the e-commerce space.

Changes in Top Holdings from Q3 to Q4

UnitedHealth Group Inc (UNH)

Lmcg Investments' holdings in UnitedHealth Group Inc decreased by 2.4% from 38,434 shares valued at $19,411 thousand in Q3 to 37,475 shares valued at $19,868 thousand in Q4. This marginal decrease was possibly due to the company's exposure to the healthcare industry and the uncertainties in healthcare policy.

Visa Inc (V)

The number of shares held by Lmcg Investments in Visa Inc decreased marginally by 0.4% from 87,174 shares valued at $15,486 thousand in Q3 to 86,775 shares valued at $18,028 thousand in Q4. The company's exposure to the financial sector and its stable business might have prompted Lmcg Investments to keep the stock in its portfolio.

Procter & Gamble Co (PG)

Lmcg Investments' holdings in Procter & Gamble Co decreased from 81,098 shares valued at $10,239 thousand in Q3 to 80,748 shares valued at $12,238 thousand in Q4, a 19.5% increase in value. The decrease in shares and increase in value suggests that the company is performing well despite the competition in the consumer goods sector.

Conclusion

In conclusion, the comparison between Lmcg Investments' largest holdings in Q3 2022 to Q4 2022 shows that the company has made some interesting changes to its portfolio. While the changes in holdings were marginal, the slight differences in the values of these holdings, both positive and negative, suggest that the company is closely monitoring market changes and making adjustments accordingly. With the market constantly evolving, it's essential for investors to keep up to date with the changes in holdings by institutional investors like Lmcg Investments.