Comparing Kanawha Capital Management's Q3 and Q4 2022 13F Holdings: An Analysis of Changes

Investing in the stock market requires continuous monitoring and analysis of companies and their performance. Kanawha Capital Management is one such company that provides investment advisory and management services to its clients. By examining its Q3 and Q4 2022 13F holdings, we can gain insight into how the company is allocating its funds and identify trends in the companies it invests in.

Microsoft Corporation (MSFT) and Apple Inc. (AAPL) were the two largest holdings by shares for Kanawha Capital Management in both Q3 and Q4. There was a 1.25% increase in shares for Microsoft and a 0.59% increase in shares for Apple, though Apple's value decreased by 5.4%.

Kanawha Capital Management increased its holdings in Lowe's Companies, Inc. (LOW) by 0.06% for a total of 185,160 shares. The value of these shares increased by 6% between Q3 and Q4.

Likewise, ADP (Automatic Data Processing, Inc.) saw a 5.8% increase in shares held, with a value increase of 5.8%.

Johnson & Johnson (JNJ) and Procter & Gamble Co (PG) also saw increasing shares and values between Q3 and Q4. Kanawha Capital Management increased its holdings in JNJ by 1.83% and its value by 10.1%. For PG, there was a 1% increase in shares and a 21.2% increase in value.

AbbVie Inc. (ABBV) and PepsiCo, Inc. (PEP) were two stocks that showed a decrease in shares held, although their value still increased. Kanawha Capital Management decreased its holdings in ABBV by 0.28% but saw a 20.1% increase in value. For PEP, shares decreased by 0.9%, however, the value increased by 11.7%.

McDonald's Corporation (MCD) saw a small increase in shares held (0.69%), but the value increased by 15%, indicating that Kanawha Capital Management is bullish on this stock.

Berkshire Hathaway B (BRK-B) and Becton, Dickinson and Company (BDX) both saw an increase in shares between Q3 and Q4, with Kanawha Capital Management increasing its holdings in BRK-B by 0.4% and in BDX by 0.69%. Values for these companies also increased, with BRK-B increasing by 16.1% and BDX increasing by 14.9%.

Nike, Inc. (NKE) showed a significant increase in value (43.2%), though the number of shares held only increased by 1.71%.

iShares S&P 500 (IVV) increased in both shares held (7.3%) and value (14.5%) between Q3 and Q4, suggesting Kanawha Capital Management is confident in the performance of this index.

Illinois Tool Works Inc. (ITW) saw an increase in shares held (0.87%) and an increase in value (23%), indicating a positive outlook on the company.

Northern Trust Corporation (NTRS) saw a minimal increase in shares held (1.21%), but there was a 2.2% increase in value, further supporting investor confidence in this stock.

Verizon Communications Inc. (VZ), on the other hand, saw a decrease in shares held (9.68%) and a value decrease of 6.3%, suggesting that Kanawha Capital Management is less bullish on this stock.

In summary, Kanawha Capital Management increased its holdings in companies such as Microsoft Corporation, Lowe's Companies, Inc., and Johnson & Johnson between Q3 and Q4 2022. However, it decreased its holdings in companies such as AbbVie Inc. and PepsiCo, Inc. The analysis suggests that Kanawha Capital Management is optimistic about the long-term growth prospects of Illinois Tool Works Inc. and Northern Trust Corporation, while being less optimistic about Verizon Communications Inc.