Baugh & Associates, LLC Q4 2022 vs. Q1 2023: Analyzing Changes in Top Holdings
Ava Hoppe | 14 May, 2023
Baugh & Associates, LLC recently released its Form 13F for Q1 2023, revealing the firm's top holdings. By comparing its Q4 2022 and Q1 2023 13F filings, we can gain insights into Baugh & Associates' investment strategy and identify any significant changes in its portfolio.
As of Q1 2023, Baugh & Associates' top five holdings were Microsoft, Apple, Lowe's, AbbVie, and NextEra Energy. The firm increased its holdings in Microsoft by 1.2%, while reducing its stakes in Apple (-1.9%), Lowe's (-0.3%), and AbbVie (-1.8%). Notably, the firm decreased its position in NextEra Energy by 8.1%.
Microsoft remained the top holding for the firm, with 44,887 shares worth $13.2 million. In Q1 2023, Baugh & Associates decreased its holdings in Apple and Lowe's by around 1.9%, but the value of its stakes in Apple increased from $9.65 million to $12.2 million.
Despite reducing its holdings in NextEra Energy, Baugh & Associates maintained a respectable position in the firm, owning 85,054 shares worth $6.7 million. The firm's reduced position in AbbVie could signal a lack of confidence in the pharmaceutical company, as its stocks have struggled in recent months due to the COVID-19 pandemic.
Baugh & Associates increased its holdings in Qualcomm by 15.2%, owning 23,516 shares worth $3.1 million. The firm also bought shares in Exchange Listed FDS TR and SPDR SER TR, owning 72,535 shares worth $1.5 million and 4,260 shares worth $527,000, respectively.
In contrast, the firm sold all of its holdings in iShares TR and INVESCO QQQ TR but added stakes in Intel and Progressive Corp.
It's worth noting that Baugh & Associates did not hold any shares of iShares TR in Q4 2022, but its Q1 2023 13F filing shows that it now owns 1,589 shares worth $241,000. Additionally, the firm did not hold any shares in INVESCO QQQ TR in Q4 2022, but it now owns 635 shares worth $203,000.
Overall, Baugh & Associates' investment strategy focuses on technology and energy companies. Tech stocks like Microsoft, Apple, and Qualcomm remain consistent favorites, while energy companies like NextEra Energy and ConocoPhillips are decreasing in popularity.
In conclusion, investors can gain valuable insights by analyzing 13F filings of investment firms. By understanding Baugh & Associates' top holdings and any changes in its portfolio, investors can make more informed decisions about their investments.
Other Posts
- Changes in Holdings of HighTower Advisors, LLC Q3 2022 vs. Q4 2022
- Navigating the Winds of Change: How the Latest Portfolio Adjustments Reflect on Market Dynamics
- Dynamic Advisor Solutions LLC Q3 2023 vs. Q4 2023 13F Holdings Comparison
- Investing in style: A look at Legion Partners' Q3 2022 vs. Q4 2022 13F Holdings
- HMS Capital Management, LLC Q3 2023 vs. Q4 2023 13F Holdings Comparison
- Examining D. Scott Neal, Inc.'s 13F Holdings Comparison: Notable Shifts in Q4 2022 to Q1 2023
- Navigating the Waves of Change: An Insight into Sander Capital Advisors' Investment Strategy Shifts
- Sawgrass Asset Management LLC Q1 2023 vs. Q2 2023 13F Holdings Comparison
- Navigating Market Shifts: A Deep Dive into Q1 2024's Investment Landscape Versus Q3 2023
- Founders Capital Management, LLC: A Look Into Their Q4 2022 vs. Q1 2023 13F Holdings