A Look at O'shaughnessy Asset Management's Q3 vs. Q4 Holdings: Winners and Losers

O'shaughnessy Asset Management, LLC is a quantitative asset management firm focusing on fundamental research and active investment strategies. One of the company's key strengths is its 13F filings, which provide a snapshot of the portfolio holdings of the hedge fund during a particular quarter. In this post, we'll take a look at the firm's holdings in Q3 2022 and compare them to Q4 2022. We'll highlight the winners and losers of the portfolio and what they might mean for O'shaughnessy Asset Management's investment strategy.

Winners

One of the biggest winners of the portfolio was Marathon Pete Corp (MPC). The hedge fund's shares in the company increased by 6% from Q3 to Q4 2022, pushing its value to almost $100,000. Another winner was Fair Isaac Corp (FICO). O'shaughnessy Asset Management's shares in FICO increased by 28%, and the company's value rose by almost 86% from the previous quarter. Other notable winners were American Intl Group Inc (AIG), with a 77% increase in shares, and Quest Diagnostics Inc (DGX), with a 12% increase. Both companies saw a significant increase in value, with AIG's value increasing by 77% and DGX's value increasing by almost 12%.

Losers

Apple Inc (AAPL) was one of the biggest losers of the portfolio, with shares in the company decreasing by 11%. This resulted in the company's value falling by almost 16%. Citigroup Inc (C) and Home Depot Inc (HD) were also losers, with shares decreasing by 22% and 41%, respectively. The companies' values decreased by almost 16% and 30%, respectively.

Changes in Strategy

The changes in holdings by O'shaughnessy Asset Management could indicate a shift in investment strategy. For example, the significant increase in holdings of AIG and DGX might suggest that the company is bullish about the insurance and healthcare sectors. The decrease in holdings of AAPL and C might suggest that the company is reducing its exposure to the technology and financial sectors. The fact that O'shaughnessy Asset Management is a quantitative asset manager means that its investment strategy is driven by data and analysis. Given the volatile nature of the stock market, it's likely that the company will continue to adjust its holdings as market conditions change.

Conclusion

O'shaughnessy Asset Management, LLC is a leading player in the world of quantitative asset management. Its Q3 vs. Q4 2022 13F filings provide valuable insights into the company's investment strategy. While some of the changes in holdings might indicate a shift in strategy, it's important to note that the company's investment decisions are data-driven and based on fundamental research. As such, the company will continue to adjust its holdings as market conditions change, always on the lookout for new opportunities to generate alpha for its investors.