Trillium Asset Management Quarterly Holdings: Tech and Healthcare See Contrasting Fortunes

The third quarter of 2022 saw a number of significant changes in the holdings of Trillium Asset Management, LLC, with some of the most notable adjustments happening in the tech, healthcare, and consumer goods sectors. As the fourth quarter of the year came to a close, certain trends continued while others reversed course.

One of the major holdings for Trillium Asset Management, LLC is Apple Inc. (AAPL). While it remained the top holding for the fund in terms of shares, there was a 7.6% drop in shares held between Q3 and Q4 of 2022. The company’s value also declined from $153,607,000 to $142,003,000. However, with the recent release of the iPhone 14, it remains to be seen how the company’s performance in the market will affect the fund’s future holdings.

Similarly, Alphabets Inc. (GOOGL) faced a 15% decrease in shares held by Trillium Asset Management, LLC between Q3 and Q4 of 2022. The company’s value decreased from $134,800,000 to $114,599,000. While this may appear concerning for some investors, it should be taken into account that technology stocks have been largely volatile in recent years due to rapid changes in the industry and market.

Microsoft Corp. (MSFT) saw a small increase in shares held by Trillium Asset Management, LLC from Q3 to Q4 of 2022, rising from 590,272 to 575,583. However, there was a slight increase in value from $137,474,000 to $138,036,000. This small change is unsurprising, given Microsoft’s consistent performance in recent years.

In the healthcare sector, Novo-Nordisk A/S (NVO) saw a significant increase in the shares held by Trillium Asset Management, LLC between Q3 and Q4 of 2022, going from 179,083 to 177,952 shares. The company’s value also rose from $17,842,000 to $24,084,000, indicating that the fund has high hopes for this company. Novo-Nordisk A/S is a pharmaceutical company that specializes in treatments for diabetes and obesity, so the increase in shares may suggest that Trillium Asset Management, LLC is bullish on this particular subsector of healthcare.

Mastercard Incorporated (MA) also saw a rise in shares held from Q3 to Q4 of 2022, bucking the trend of many other companies in the market. Trillium Asset Management, LLC increased their holdings from 219,987 to 218,489 shares, but the company’s value increased from $62,551,000 to $75,975,000, indicating that the fund has high hopes for the future success of Mastercard. Given the continued shift towards digital payment methods, it is unsurprising to see an increase in holdings for one of the largest payment processing companies in the world.

Unilever PLC (UL) saw a smaller increase in shares held by Trillium Asset Management, LLC from Q3 to Q4 of 2022, with the number of shares increasing from 995,904 to 1,000,464. However, the company’s value rose from $43,661,000 to $50,373,000, indicating that the fund is banking on a bright future for the company. Unilever is a multinational consumer goods company that produces products ranging from food to personal care, so it’s possible that Trillium Asset Management, LLC is bullish on these types of consumer goods.

One of the largest holdings for Trillium Asset Management, LLC in Q3 2022 was Adobe Systems Incorporated (ADBE). The company saw a significant increase in shares held by the fund between Q3 and Q4, rising from 123,639 shares to 136,345 shares. The company’s value also rose significantly, from $34,026,000 to $45,884,000. Adobe Systems is one of the largest software companies in the world, known for their popular products like Adobe Photoshop and Illustrator. The increase in shares held may indicate that Trillium Asset Management, LLC is confident in the continued success of the company’s software products.

Overall, the Q3 to Q4 changes in Trillium Asset Management, LLC’s holdings reflect the ongoing uncertainty and volatility in the market. Some tech companies saw drops in value and holdings, while others saw gains, indicating that the industry remains unpredictable. Similarly, while there were notable increases in holdings of healthcare and consumer goods companies, it remains to be seen if these industries will continue to perform well in the future.