Torray Investment Partners LLC Q4 2022 vs. Q1 2023: Analyzing Changes in Holdings

Torray Investment Partners LLC, a wealth management firm, recently published its 13F holdings report comparing its Q4 2022 and Q1 2023 holdings. The report highlights the changes in the shares and values of its top holdings, which include Berkshire Hathaway, Alphabet, Fiserv, and many more. In this article, we'll dive into the details of Torray Investment Partners LLC's Q4 2022 vs. Q1 2023 holdings comparison and analyze the changes in its portfolio.

Alphabet Class A – Steadily Rising

Alphabet Class A, the holding that tops the charts for Torray Investment Partners LLC, saw a 17.5% increase in share amount and 17.6% surge in value from $16,564 million to $19,457 million between December 2022 and March 2023. The tech behemoth, which owns Google, has witnessed exponential growth in its cloud and advertising business, leading to its stock price surging from $2,000 per share to a peak of $3,000.

Microsoft – A Noteworthy Jump

Microsoft's share volume in Torray's portfolio increased by 6,594 from Q4 2022 to Q1 2023. This accounts for a 27.9% increase in value, from $9,730 million to $12,445 million. Microsoft has been relatively stable since Satya Nadella became its CEO in 2014. Under his leadership, the company has focused on subscription and cloud-based products such as Office 365 and Azure. Microsoft's share price reached a new all-time high of $350 in March 2023.

Apple – A Stronghold in Tech

Tech giant Apple also holds a critical position in Torray Investment Partners LLC's portfolio, with its share volume falling slightly from 71,722 in Q4 2022 to 71,111 in Q1 2023. However, its value surged substantially by 25.8% - from $9,318 million to $11,726 million. Apple recently announced its Q1 2023 revenue of $123.9 billion, predominantly driven by strong sales in iPhone and wearables.

General Motors – A Steady Increase

General Motors (GM) saw a minor increase in share volume and value in Torray's portfolio, with share volume remaining steady at 262,180 shares from Q4 2022 to Q1 2023. The value of its shares rose by 9%, from $8,819 million in Q4 2022 to $9,616 million in Q1 2023. GM announced its Q4 2022 earnings of $2.5 billion, with a notable boost in demand for its electric vehicles.

JPMorgan Chase – A Dip in Share Volume

JPMorgan Chase saw a share volume dip from 105,261 in Q4 2022 to 104,691 in Q1 2023, and a minor decrease of 3.4% in value, from $14,115 million to $13,642 million. Jamie Dimon, the CEO of JPMorgan Chase, announced that the bank would focus more on its consumer operations amid the pandemic's economic uncertainty and evolving customer needs.

UnitedHealth Group – A Decline in Value

UnitedHealth Group, the largest health insurance company in the United States, saw a 10.9% decline in value from $14,142 million in Q4 2022 to $12,607 million in Q1 2023. However, its share volume remained steady at 26,675. The company aims to focus on profitable growth while managing costs this year.

Conclusion

In conclusion, the Q4 2022 vs. Q1 2023 13F filings report by Torray Investment Partners LLC demonstrated significant changes in its portfolio. The top holdings across the tech and finance sectors witnessed a positive growth, with Alphabet, Microsoft, and Apple dominating the list. Companies like General Motors experienced positive growth, while several others such as UnitedHealth Group, JPMorgan Chase, and Johnson & Johnson experienced minor declines. It will be interesting to see how these holdings perform over the next quarters.