The Rise and Fall of Van Strum & Towne Inc.: Analyzing Q3 vs. Q4 2022 13F Holdings

Van Strum & Towne Inc. has always been one of the most prominent names in the investment world. As an SEC-registered investment advisor, Van Strum & Towne Inc. has managed to keep its clients satisfied with high-quality investment advice.

In this article, we will analyze the changes in holdings of Van Strum & Towne Inc. in Q3 2022 vs. Q4 2022. The data is based on the latest 13F filings available online. The article will scrutinize the investments made by the company and understand the rationale behind those investments.

Tech Investments Remain Strong

First and foremost, let's have a look at the biggest tech companies that Van Strum & Towne Inc. has invested in. The company increased its holdings in Microsoft Corp (MSFT) by 4.1%, from 70,192 shares to 70,982 shares. At the same time, the company reduced its holdings in Alphabet Inc (GOOGL) by 7.4%, from 60,015 shares to 60,235 shares.

Van Strum & Towne Inc. also invested in other tech companies like Texas Instruments Inc (TXN), Apple Inc (AAPL), and Salesforce Inc (CRM), among others. The company seems to be bullish on the tech industry, and rightly so, given the growth potential of these companies.

Vanguard ETFs Lose Some Traction

Van Strum & Towne Inc. also invested in several Vanguard ETFs, such as Vanguard Malvern Fds (VTIP), Vanguard Scottsdale Fds (VCSH), and Vanguard Index Fds (VOO). However, the company reduced its holdings in these ETFs, with VTIP down by 4.2%, VCSH up by 2.7%, and VOO up only 4%.

Interestingly, the company increased its holdings in Vanguard Intl Equity Index F (VWO) by 10.7%, from 69,706 shares to 72,206 shares. This might signify a shift in investment strategies, where Van Strum & Towne Inc. sees greater potential in international companies as opposed to US-based ETFs.

Pharmaceuticals and Financials

Van Strum & Towne Inc. invested in several pharmaceutical companies, such as Johnson & Johnson (JNJ), Amgen Inc (AMGN), and Pfizer Inc (PFE). The company also invested in financial institutions like JPMorgan Chase & Co (JPM), American Express Co (AXP), and Capital One Finl Corp (COF).

The company increased its holdings in JPM by 27.1%, from 41,295 shares to 40,890 shares, while reducing its holdings in AXP by 9.2%, from 7,165 shares to 7,140 shares. These moves indicate that Van Strum & Towne Inc. is still far from giving up on financial institutions.

Conclusion

To sum up, Van Strum & Towne Inc. made several interesting moves in its Q3 2022 vs. Q4 2022 13F holdings. The company seems to be bullish on the tech industry, as evidenced by its investments in Microsoft Corp, Apple Inc, and Salesforce Inc. At the same time, the company seems to be reducing its holdings in US-based Vanguard ETFs while simultaneously investing in international ETFs.

Finally, Van Strum & Towne Inc. seems to be sticking to its guns when it comes to financial institutions, despite reducing its holdings in American Express Co. and reducing holdings in Capital One Finl Corp. Overall, it is crucial to remember that Van Strum & Towne Inc. has always been a long-term investor and a company that takes calculated risks. It will be interesting to see how the company performs in the coming years.