Asset Management One Co., Ltd. Q4 2022 vs. Q1 2023: Analyzing the Changes in Fund Holdings

The latest 13F filings reveal that Asset Management One Co., Ltd. has made some significant changes to its portfolio for Q1 2023 when compared to Q4 2022. The data in these filings offer a glimpse into which stocks the fund has been buying and selling. In this blog post, we will analyze these changes and discuss what they mean for the fund going forward.

Starting with the buys, we can see that the fund has increased its stake in several technology companies. The most significant of these is Nvidia Corporation (NVDA), where the fund has increased its holdings by 92.9%. The fund has also added to its holdings in Advanced Micro Devices, Inc. (AMD) and Salesforce.com, Inc. (CRM), with increases of 55.3% and 54.5%, respectively. These buys suggest that Asset Management One Co., Ltd. is bullish on the technology sector, which has been one of the best-performing sectors in recent years.

Another interesting addition to the fund's portfolio is Meta Platforms Inc. (META), the parent company of Facebook. The fund increased its holdings in META by 81%, which could be a sign that it sees value in the company despite recent controversies surrounding the platform.

Moving on to the sells, we can see that the fund has reduced its holdings in some of the biggest names in healthcare. UnitedHealth Group Incorporated (UNH), Johnson & Johnson (JNJ), and Merck & Co., Inc. (MRK) all saw reductions in holdings of between 3.2% and 11.9%. These moves suggest that the fund may be less bullish on healthcare than it has been in the past.

Another significant sell was in Pfizer Inc. (PFE), where the fund reduced its holdings by 19.8%. It's unclear why the fund sold off such a large chunk of its holdings in Pfizer, but it could be due to concerns over the company's future prospects.

Looking at the fund's overall performance, the data suggests that it has seen mixed results from its recent moves. Although some of its buys, such as NVIDIA and AMD, have performed well, others, such as Meta Platforms, have seen their stock prices decline. Similarly, the fund's sells have been a mixed bag, with some of the companies it has reduced holdings in performing well, while others have struggled.

In conclusion, the latest 13F filings show that Asset Management One Co., Ltd. has made some significant changes to its portfolio for Q1 2023. Although the data suggests that the fund is bullish on the technology sector, it has also reduced its holdings in some of the biggest companies in healthcare. The overall performance of its recent moves has been mixed, and only time will tell whether its buying and selling decisions were the right ones.