The Nuveen Asset Management Q3 2022 vs. Q4 2022 13F Holdings Change Report

As an investor, keeping tabs on holdings is critical to making informed decisions. Tracking changes in a fund's holdings from one quarter to the next can reveal trends and provide insight into investment strategies. Nuveen Asset Management LLC's Q3 2022 vs. Q4 2022 13F holdings comparison report has just been released, and we'll be exploring some of the changes in this blog post.

Introduction

Nuveen Asset Management LLC is one of the largest investment managers in the world, and they manage a variety of funds, including mutual funds and exchange-traded funds (ETFs). As of the end of Q4 2022, Nuveen managed assets worth over $1.1 trillion.

One key tool that investors use to gauge a fund's performance is the 13F filing. This document details the stocks, bonds, and other securities that the fund owns, as well as any changes in holdings from one quarter to the next. The document is filed with the Securities and Exchange Commission (SEC) and is available to the public.

Main Body

Let's dive into some of the changes in Nuveen's 13F filings from Q3 2022 to Q4 2022. One of the most notable changes was in their holdings of Amazon (AMZN). In Q3, Nuveen held over 61.8 million shares of the e-commerce giant, worth $6.99 billion. However, by the end of Q4, Nuveen had reduced its holdings to just over 60.8 million shares, worth $5.12 billion. That's a decrease of 1 million shares and a decrease of over $1.8 billion in value, or a decline of 26.8%.

Another significant change was Nuveen's holdings of Nvidia (NVDA). At the end of Q3, Nuveen held over 14.7 million shares of the technology company, worth $1.79 billion. However, by the end of Q4, Nuveen had increased its holdings to over 16.8 million shares, worth $2.46 billion. That's an increase of over 2.1 million shares and an increase of over $670 million in value, or a gain of 37.4%.

One stock that Nuveen significantly reduced its holdings in was Tesla (TSLA). At the end of Q3, the fund held over 15.5 million shares of the electric vehicle manufacturer, worth $4.12 billion. However, by the end of Q4, Nuveen had reduced its holdings to over 16.1 million shares, worth $1.99 billion. That's a decrease of over 430,000 shares and a decrease of over $2.1 billion in value, or a decline of 51.7%.

On the other hand, Nuveen increased its holdings in several stocks. One of them was Prologis (PLD), which provides logistics real estate solutions. At the end of Q3, Nuveen held over 10.5 million shares of the company, worth $1.07 billion. However, by the end of Q4, Nuveen had increased its holdings to over 13.7 million shares, worth $1.54 billion. That's an increase of over 3.2 million shares and an increase of over $470 million in value, or a gain of 44.4%.

Conclusion

In conclusion, the Q3 2022 vs. Q4 2022 13F holdings change report from Nuveen Asset Management LLC provides valuable insights for investors. The report shows that the fund reduced its holdings in some stocks while increasing them in others. It's worth noting that these changes do not necessarily reflect a shift in the fund's investment strategy but rather reflect the decisions made by the fund managers based on their analysis of market conditions, financial performance, and other factors.

As always, investors should conduct their own research and due diligence before making any investment decisions. While the information in the 13F filings is publicly available, it is important to understand that the filings are lagging indicators and that the fund manager's positions may have changed since the filing date.