The Changing Landscape of Ascension Asset Management LLC Q3 2022 vs. Q4 2022

As investment trends and market conditions shift, so do the holdings of some of the world's most prominent asset management firms. One such firm is Ascension Asset Management LLC - a New York-based company that manages assets worth billions of dollars. Ascension Asset Management recently shared its Q3 2022 and Q4 2022 13F Holdings Comparison, revealing changes in shareholding and value of some of the biggest companies in the world. In this blog post, we'll explore the significant changes in Ascension's investments in Q4 2022 and understand what they mean for the market.

The Rise and Fall of Apple Inc

Apple Inc, the world's most valuable company, has been in the news for quite some time - but not always for positive reasons. The company saw a 6.2% decline in the value of its shares in Ascension's holdings between Q3 2022 and Q4 2022. However, the total number of shares held by Ascension has increased slightly. Despite this, the drop in share value is significant and could indicate that Apple's market dominance is being threatened by the growth of competitors like Google and Samsung.

Microsoft and Johnson & Johnson Maintain Their Position

Unlike Apple, Johnson & Johnson and Microsoft have managed to maintain their position in Ascension's holdings, with only slight changes in the number of shares held and value. Microsoft, in particular, recorded a small increase in value of its shares, which could indicate that the tech giant's growth prospects are still strong. Meanwhile, Johnson & Johnson's steady performance indicates that the company's reputation for reliability and stability continues to resonate with big investors like Ascension.

Surprising Growth in Raytheon Technologies

One of the big winners in Ascension's Q4 2022 holdings is Raytheon Technologies, an aerospace and defense company. Raytheon's share value rose by a massive 23% over the period, while the number of shares held by Ascension decreased only slightly. This growth is surprising, given the increasing scrutiny that the defense industry has come under in recent years. However, it suggests that, despite these challenges, there is still confidence in the sector's ability to remain profitable.

Lockheed Martin's Soaring Share Value

Ascension's holdings of Lockheed Martin, one of the world's largest defense contractors, underwent a massive change in Q4 2022. The share value of Lockheed Martin rose by an astounding 25.5%, while the number of shares held by Ascension decreased slightly. It's an impressive feat given the ongoing global climate of uncertainty and geopolitical tension. Evidently, Ascension believes that Lockheed Martin is well-equipped to navigate these challenges and remain profitable.

The Future of Investments

The changes in Ascension Asset Management LLC's Q3 2022 and Q4 2022 holdings paint an interesting picture of the market's current state. The increase in share value of companies like Raytheon Technologies and Lockheed Martin suggests that defense spending and technology continue to be crucial areas of investment. Meanwhile, Apple's underperformance highlights the importance of diversification in a portfolio. It will be interesting to see how these trends evolve in the coming months as the market continues to undergo changes.

Conclusions

Overall, Ascension Asset Management LLC's Q3 2022 and Q4 2022 13F Holdings Comparison offers an informative glimpse into the investment strategies of one of the world's leading asset management firms. While some of the changes in holdings are unsurprising, others, such as the rise in Raytheon Technologies and Lockheed Martin, offer valuable insights into the market's current state. As we move towards a new year, investors will be closely watching companies' performance to make informed investment decisions.