The Changing Tides of Southeast Asset Advisors: A Q3 to Q4 2022 Holdings Comparison

Southeast Asset Advisors Inc. recently released their 13F holdings for Q3 2022 and Q4 2022, revealing substantial changes in their portfolio. The comparison highlights Southeast Asset Advisors' moves to shift their investments in a bid to reap better returns. The widely discussed move left market watchers eager to delve into what led to these changes, and what the implications could be in the future. The following blog post will explore some of the significant changes observed in the report and what it could mean for the market.

The most drastic shift in the holdings was observed in the Vertiv Holdings Co. with a drop of 45.7%. This move implies the fund no longer believes in the potential of Vertiv Holdings Co. to deliver returns going forward. Another significant reduction was observed in Lumen Technologies Inc., with a drop of 34.4%. Lumen Technologies Inc. is at the forefront of the rapidly evolving telecommunications sector, and this move is a surprise to many.

On the other hand, investments in other companies experienced a considerable increase during the same period. Perkinelmer Inc. saw an increase of 30.1%, spurred by the company's financial performance in recent months. Martin Marietta Matls Inc. saw a 6.7% decline. However, when analyzed for value, the drop was significant, dropping from $6,430,000 to $5,867,000.

Looking through the report, some notable companies maintained their position in Southeast Asset Advisors' portfolio over the two quarters. For instance, the SPDR Gold ETF and the Ishares Silver TR were held constant, levelling at 1,426,000 and 63,140 shares, respectively. The same can be said for Coca-Cola Co. and Walmart Inc., with the former ending the year at 111,772 shares, and the latter steadily increasing to 6130 shares.

Further, the report highlights Southeast Asset Advisors' growing interest in the technology sector. Microsoft Corp. saw an increase of 5.3%, while Apple Inc. experienced a 6.3% drop. Many would be keen to analyze the trends in the technology sector that could prompt the fund to make these changes.

In conclusion, Southeast Asset Advisors made some significant changes to their holdings in Q3 2022 to Q4 2022. Although some changes might seem drastic, they reflect the need to adapt to the changing market trends that could lead to better results going forward. Some of the companies making strides in the telecommunications and technology sector are attractive for any fund looking to cement its position in the competitive landscape. Market watchers will be keen to follow Southeast Asset Advisors' next move, and what it could mean for these sectors.