A Deep Dive into Df Dent & Co Inc Q3 vs. Q4 2022 13F Holdings Comparison

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.