The Rise and Fall of HM Capital Management's Q2 2022 vs. Q3 2022 13F Holdings

HM Capital Management, LLC, a registered investment advisor managing over $1 billion in assets, has filed its 13F form with the Securities and Exchange Commission (SEC), disclosing its holdings as of the end of Q2 2022 and Q3 2022. The 13F form is a quarterly report that institutional investment managers, such as HM Capital Management, must file with the SEC, listing all the securities they own that are publicly traded. The form also includes other information, such as the number of shares held, the total value of the holdings, and the percentage change from the previous quarter.

In the Q3 2022 13F filing, HM Capital Management disclosed holding 207,051 shares of Vanguard Index Funds (VOO), up 3.7% from Q2 2022. The fund was valued at $67,975, a 3.7% decrease from the previous quarter's value. It is notable that the increase in shares owned contradicts the decreasing value of the fund, indicating the fund may have experienced a drop in prices during the quarter, yet HM Capital Management still saw value in the fund.

A similar pattern is seen with Vanguard Admiral Funds Inc (VOOV), in which HM Capital Management increased its shares by 4.8% from Q2 to Q3 but experienced a 4.8% decrease in the fund's value. The opposite occurred with Vanguard International Equity Index Funds (VEU), in which HM Capital Management increased its shares by 5.7% but experienced a 5.7% decrease in the fund's value.

In contrast to VOO, the number of shares HM Capital Management holds in Microsoft Corp (MSFT) remained relatively stable, with only a slight increase from Q2 to Q3 by 0.2%. However, the value of the shares plummeted by 9.1% during this time. Other notable losers included ProShares Trust ULTRAPRO Short (SPXU) with a decrease of 44.6% in shares held, Coca-Cola Co (KO) experiencing a decline of 11% in the value of shares, and McCormick & Co Inc (MKC) with a decrease of 14.2% in the value of shares.

On the other hand, there were some winners in the HM Capital Management portfolio, such as Amazon COM Inc (AMZN) and Walt Disney Co (DIS). During Q3 2022, AMZN saw shares increase by 3% and share value increase by 9.9%, while DIS saw shares increase by 4.5% and share value increase by 4.4%.

Overall, the Q3 2022 13F filing for HM Capital Management reveals mixed results. The firm increased its position in some funds but saw decreasing fund values while several stocks also experienced significant drops in share value. The portfolio also held some winners, which may ease some of the losses, and it will be intriguing to see if the trend continues in coming quarters.

In conclusion, 13F filings give valuable insight into the holdings of institutional investment managers. This information can help investors to make informed decisions and assess which stocks and funds are popular among institutional investors. The HM Capital Management, LLC Q2 2022 vs. Q3 2022 13F holdings indicate mixed results, emphasizing the importance of understanding the roles of investments in a portfolio. Managers will need to analyze the funds that have lost value and weigh whether they hold potential investment opportunities in the future. It also highlights the volatility of markets and the need to have a dynamic investment portfolio that can adjust to these market changes.