Vanguard Group Inc Q3 2022 vs. Q4 2022 Comparison: Insights on the Biggest Fund Holdings

The Vanguard Group is one of the largest investment management companies globally, managing over 7 trillion dollars in assets. It is also one of the most popular choices for long-term investors due to its low-cost index funds and ETFs. The fund's quarterly 13F filings are watched closely by investors to get insights into Vanguard's investment strategy and identify trends in the market.

In this article, we will delve into the changes in Vanguard's holdings from Q3 2022 to Q4 2022 based on the 13F filings. We will also discuss the implications of these changes on the market and the investors.

Top Holdings

Apple Inc (AAPL), Microsoft Corp (MSFT), and Amazon.com Inc (AMZN) continue to be the top three holdings of Vanguard. Together, they account for approximately 16% of Vanguard's total portfolio value.

The latest filings indicate that Vanguard has reduced its shares in Apple and Microsoft but increased its stake in Amazon. Apple's value declined by 5.6%, while Microsoft's value increased by 4.3%. However, Amazon's value witnessed a 24.5% decline, which could be attributed to the changing trends in the e-commerce industry.

Healthcare and Financials

Healthcare companies such as UnitedHealth Group Inc (UNH), Johnson & Johnson (JNJ), and Eli Lilly and Co (LLY) occupy significant positions in Vanguard's portfolio. Healthcare stocks are believed to provide defensive positioning, being less susceptible to economic cycles.

The latest filings indicate that Vanguard has increased its holdings in UnitedHealth and Johnson & Johnson, while Eli Lilly's value has increased by 14.5%. It highlights Vanguard's confidence in the sector's growth potential.

The financial sector also continues to be an essential investment for Vanguard. It holds positions in companies such as JPMorgan Chase & Co (JPM), Bank of America Corp (BAC), and Wells Fargo & Co (WFC). The filings indicate that Vanguard has marginally increased its stake in these companies, signaling its faith in the sector's growth.

Technology

Vanguard's technology sector is dominated by companies such as Alphabet Inc (GOOGL), Alphabet Inc (GOOG), and NVIDIA Corp (NVDA). However, the filings indicate a decline in the overall value of its technology portfolio by 5.5%.

The value of Alphabet Inc - Class A decreased by 6.7%, and Alphabet Inc - Class C decreased by 7.6%. However, NVIDIA, which is known for its graphics processing units and artificial intelligence technology, witnessed an increase of 20.9%.

Energy and Consumer Goods

Vanguard holds positions in energy companies such as Chevron Corp (CVX) and ConocoPhillips (COP). As per the filings, the value of these companies has increased by 24.7% and 14.6%, respectively.

Vanguard's consumer goods portfolio consists primarily of companies such as Procter & Gamble Co (PG) and PepsiCo Inc (PEP). These companies have witnessed an increase in value by 20.7% and 12.1%, respectively.

Implications

The changes in Vanguard's holdings provide insights into the market trends and the investment strategies of the company. The increase in holdings in healthcare, financial, and energy sectors indicates Vanguard's confidence in the growth potential of these sectors.

The decline in the technology sector's overall value can be attributed to the recent market volatility. However, Vanguard's faith in NVIDIA shows the potential of companies with strong fundamentals and innovative technologies.

Investors can use these insights to make informed investment decisions and identify long-term growth opportunities. Vanguard's 13F filings provide a transparent view of its investment strategy and can be analyzed to gain insights into the markets' changing dynamics.