Analyzing Crossvault Capital Management's Q1 vs. Q2 2022 13F Holdings: Changes in Top Holdings and Strategies

Crossvault Capital Management LLC is an investment firm with over $400 million in assets under management. It is registered as an investment advisor with the U.S. Securities and Exchange Commission. 13F filings allow investors to see what institutions hold in their portfolio. In this article, we will analyze the changes in Crossvault Capital Management's top holdings in Q1 2022 versus Q2 2022 and identify potential investment strategies.

As seen in the table, Crossvault Capital Management has decreased its positions in major tech giants like Apple, Microsoft, Alphabet, and Amazon, with a decrease of 24.6%, 20.3%, 25%, and 37.4%, respectively. The reduction in their tech holdings is not surprising as the sector as a whole experienced a selloff in early 2022. The drop in market value for multiple tech giants could be attributed to stricter regulatory policies, higher interest rates, and concerns of overvaluation within the sector.

One noticeable increase in holdings is General Mills, with a rise of 38.5% in shares held. General Mills is a consumer staple and has historically been less correlated to the market. Given Crossvault Capital Management's decrease in tech holdings and rise in consumer staple holdings, it could indicate a shift in strategy to a more defensive approach with an aim to lower risk and focus on stability.

ChevronTexaco Corporation is another stock that Crossvault Capital Management has decreased its holdings in, with a reduction of 14.5%. However, the oil and gas industry as a sector is growing and will continue to thrive for years to come, which could suggest that the firm may be taking profits on this position.

Further analysis of Crossvault Capital Management's holdings suggests that it has been trimming positions across its portfolio. The only companies that saw an increase in holdings were Colgate-Palmolive Co and Berkshire Hathaway Inc., with an increase of $403 and $309 in value, respectively.

In conclusion, Crossvault Capital Management's Q1 vs. Q2 2022 13F holdings demonstrate a shift in strategy from growth to stability. While trimming tech holdings and adding to consumer staples, it maintains its position in the oil and gas sector despite a decrease in holdings in ChevronTexaco Corporation. These changes in holdings could be part of a long-term strategy to mitigate risks and optimize returns. Investors can use this information as a reference in constructing or adjusting their own investment portfolios.