The Changing Landscapes of Cadinha & Co LLC Q4 2022 vs. Q1 2023 Portfolio Holdings

The financial world is always in motion, and as the world becomes more connected and globalized, it's inevitable that investment portfolios shift with the changing tides. In this blog post, we will take a deep dive into the latest 13F filings of Cadinha & Co LLC, comparing their Q4 2022 portfolio holdings with those of Q1 2023. By examining the changes, we can gain insight into market trends and identify patterns and strategies for successful investors.

Introduction: What is a 13F filing?

To begin, it's crucial to understand what a 13F filing is and why it's significant. In short, it's a report that every institutional investor with over $100 million in qualifying assets must file with the Securities and Exchange Commission (SEC) each quarter. These reports disclose the fund's holdings, including the number of shares and the total value of each investment, and serve as a window into the leadership and investing strategies of these funds. While there are limitations to what we can infer from 13F filings, comparing them over time can yield valuable insights.

The Overview: A general view of Cadinha & Co LLC's Q4 2022 vs. Q1 2023

Cadinha & Co LLC's Q4 2022 holdings included holdings in 41 different companies, with their biggest investments being in "Coca-Cola Co", "Exxon Mobil Corp", and "Microsoft Corp". These three holdings alone amounted to approximately 15% of their entire portfolio value.

However, in Q1 2023, their total number of holdings decreased to 39, and their biggest investments shifted to "Check Point Software Tech Ltd", "NVIDIA Corp", and "Costco Wholesale Corp". These top 3 investments account for approximately 20% of their portfolio.

The high-bound value of their portfolio in Q4 2022 was approximately $247 million, but by Q1 2023, it had decreased to $182 million - a change of -26%. Additionally, from Q4 2022 to Q1 2023, the fund's total assets under management increased by 17.7%, as they moved from $250 million to $294 million.

We'll now look closely at some of the significant changes that have taken place in Cadinha & Co LLC's portfolio.

Shifts in Key Holdings

With the changes in Cadinha & Co LLC's portfolio from Q4 2022 to Q1 2023, some stocks have seen an increase in shares owned, while others have seen a decrease. For instance:

- "Coca-Cola Co." saw a decreased percentage change, losing 50.9% over the quarters.

- "Chevron Corp." also saw a decreased percentage change, losing 44.9% of Cadinha & Co LLC's portfolio value.

- "Barrick Gold Corporation." also had a major drop in portfolio value, decreasing by 95.8%.

In contrast, some other stocks saw an increase in shares owned and portfolio value. These include:

- "Woodside Energy Group Ltd Sp A" saw a tremendous increase of 4,307.5% in shares owned.

- "Intuitive Surgical Inc" increased by 2.1%.

- "Alphabet Inc Cap Stock Cl A" saw an increased percentage change of 19.9% from Q4 2022 to Q1 2023.

There are many factors to consider while analyzing the ups and downs of Cadinha & Co LLC's portfolio shifts. However, by keeping an eye on the changes, we can learn much about what is happening behind the scenes and the strategies that the fund is implementing.

Top Gainers and Top Losers of the Portfolio

In any given quarter, some stocks in Cadinha & Co LLC's portfolio may experience significant movements. In this section, we'll take a brief look at some of the top winners and losers of the fund.

Top Gainers:

1. "Facebook Inc Cl A": The social media giants added to their positions to become their top gainer in Q4 2022, with an increase in Cadinha & Co LLC's total holdings of 6.84%, reaching 2301 shares in Q4 2022, respectively.

2. "Tesla Motors Inc": The electric vehicle manufacturer saw a tremendous increase from zero shares owned in Q4 2022 to 2287 owned in Q1 2023.

3. "Bwx Technologies Inc": The technology and engineering firm saw a significant increase in portfolio value of 7,435% from Q4 2022 to Q1 2023.

Top Losers:

1. "Pfizer Inc": Cadinha & Co LLC's total holdings decreased from 382,314 shares in Q4 2022 to 37,306 shares in Q1 2023.

2. "Grainger W W Inc": The industrial supply company saw a significant decrease of 78.6% in their total portfolio value from Q4 2022 to Q1 2023.

3. "Procter & Gamble Co": The consumer goods producer lost 92.1% in Cadinha & Co LLC's total portfolio value from Q4 2022 to Q1 2023.

Conclusion:

Comparing Cadinha & Co LLC's holdings from Q4 2022 to Q1 2023, we can see that there have been significant changes, with some stocks seeing an increase in shares owned and portfolio gains, while others falling to see decreases in shares owned and losses. While we can't say for certain that these movements directly caused any Cadinha & Co LLC's performance outcomes, it is clear that the shifts in their portfolio offer vital insights into their investing strategies. By keeping an eye on these changes, investors can learn how to identify patterns and strategies that contribute to success in their portfolios.