A Deep Dive into Df Dent & Co Inc Q3 vs. Q4 2022 13F Holdings Comparison
Ava Hoppe | 2 May, 2023
Investment firms file quarterly reports called 13F with the Securities and Exchange Commission (SEC), revealing their holdings. The 13F form gives retail investors a peek into the portfolios of the most successful institutional investors. As one of the biggest players, Df Dent & Co recently revealed its 13F report for Q3 and Q4 of 2022, showcasing a 13F holdings comparison.
Let's take a closer look at the Df Dent & Co Inc Q3 vs. Q4 2022 13F holdings comparison. We'll provide a summary of the report, highlighting the changes, and give insights into the potential reasons behind them.
ISRG, INTUITIVE SURGICAL INC
Df Dent & Co Inc reduced its holdings in Intuitive Surgical Inc. from 1,023,262 shares in Q3 to 885,039 shares in Q4, representing a 22.4% decrease. The Q3 value of $191,800,000 decreased to $234,845,000 in Q4, indicating an increase of approximately 22.4%.
TECH, BIO-TECHNE CORPORATION
BIO-TECHNE CORPORATION is another stock that saw a significant increase in Df Dent & Co Inc's holdings. The Q3 value of $190,663,000 increased to $218,739,000 in Q4, indicating a 14.7% increase from the previous quarter. Shares also increased from 671,348 to 2,639,232.
ANSS, ANSYS INC
ANSYS Inc. is another stock that Df Dent & Co Inc reduced its holdings in from 925,673 shares in Q3 to 902,173 shares in Q4, a 6.2% decrease. The Q3 value of $205,222,000 decreased to $217,955,000 in Q4.
WCN, WASTE CONNECTIONS INC
Waste Connections Inc. also saw a decrease in holdings, moving from 1,684,041 shares in Q3 to 1,641,680 shares in Q4, a 4.4% decrease. The Q3 value of $227,564,000 decreased to $217,621,000 in Q4.
TDG, TRANSDIGM GROUP INC
On the other hand, Transdigm Group Inc. saw an increase in holdings from 349,750 shares in Q3 to 337,941 shares in Q4, a 15.9% increase. The Q3 value of $183,556,000 increased to $212,784,000 in Q4.
Insights
The 13F report provides evidence that Df Dent & Co Inc reduced its holdings in stocks in Q4 that saw significant price increases in the previous quarter. This suggests the firm took profits and reduced its exposure to some of those stocks. Conversely, the firm increased its holdings in stocks that had an underwhelming performance in the previous quarter. This approach appears rational as it follows a defensive investment strategy, reducing exposure to overvalued stocks and promoting undervalued stocks.
Conclusion
The Df Dent & Co Inc Q3 vs. Q4 2022 13F holdings comparison indicates that the firm is willing to adjust its portfolio by taking reasonable steps towards reducing exposure to stocks that may have seen substantial price increases while adjusting to new investments based on expected returns. It's essential to note that this report was published on February 2022 and that changes to the company's holdings have likely been made since then. Regardless, this report provides valuable insight into Df Dent & Co Inc's investments based on its most recent 13F filing.
Other Posts
- Comparing Q3 2022 and Q4 2022 13F Holdings of American Trust Investment Advisors, LLC
- Analyzing Burren Capital Advisors Ltd's Q2 2021 vs. Q3 2021 13F Holdings Comparison: Changes in Holdings and Value.
- Osterweis Capital Management Inc Q3 2022 vs. Q4 2022 13F Holdings Comparison
- TESSCO Technologies: A Game-Changing Merger Creating a Leading Telecommunications Distributor
- Unlocking the Future of Cell and Gene Therapies: Matica Bio Welcomes Paul Kim as CEO
- Navigating the Mind's Labyrinth: PAX Health's Pursuit of Accessible Behavioral Healthcare
- Exploring the Winds of Change: Quattro Financial Advisors' Investment Shifts from Q4 2023 to Q1 2024
- Fulcrum Capital LLC Q3 2023 vs. Q4 2023 13F Holdings Comparison
- Harnessing Market Movements: Columbus Macro's Evolution Through Q4 2023 and Q1 2024
- EisnerAmper Wealth Management Corporate Benefits, LLC Q3 2023 vs. Q4 2023 13F Holdings Comparison