Cottage Street Advisors LLC: Analyzing Q4 2022 vs. Q1 2023 Holdings Changes

Investors are always on the lookout for the latest information on the most profitable stocks and funds in the market. If you're one of them, you'll be excited to know that Cottage Street Advisors LLC has released their Q4 2022 vs. Q1 2023 holdings. In this blog post, we will provide an overview of the changes that were observed during this period.

Overview of Cottage Street Advisors LLC

Cottage Street Advisors LLC is an investment advisory firm located in Concord, Massachusetts. The firm was founded in 2016 and focuses on providing its clients with excellent investment returns. Cottage Street Advisors has an investment philosophy that combines deep fundamental analysis with disciplined risk management. The company seeks to identify undervalued companies and invest in them with a long-term perspective in mind.

Q4 2022 vs. Q1 2023 13F Holdings Comparison

The 13F Holdings Comparison provides a snapshot of the changes in holdings between the fourth quarter of 2022 and the first quarter of 2023. The comparison summarizes the fund's bullish or bearish sentiment towards the underlying stocks held in the portfolio.

During this period, Cottage Street Advisors LLC observed several significant changes in their holdings. Let's explore these changes in more detail.

Top Holdings in Q4 2022

The top five holdings for Cottage Street Advisors LLC in Q4 2022 were Apple Inc, Microsoft Corp, Blackstone Inc, iShares TR, and Magellan Midstream Ptnrs LP. Apple Inc was the largest holding, with 5,021,157 shares valued at $2,598,114,000.

Changes in Top Holdings in Q1 2023

Fast forward to Q1 2023, and the top five holdings for Cottage Street Advisors LLC were iShares TR, Blackstone Inc, Magellan Midstream Ptnrs LP, JPMorgan Chase & Co, and Visa Inc. iShares TR took over the top spot with 5,296, signing year-over-year growth of 99.1% in shares held and $5,816 in value. Blackstone Inc and Magellan Midstream Ptnrs LP returned as the second and third-largest holdings, respectively.

Largest Losses in Holdings

The largest losses in holdings were observed in Apple Inc, Microsoft Corp, and Blackstone Inc. Apple Inc's shares dropped by 99.6% from 5,021,157 in Q4 2022 to 56,904 in Q1 2023. Microsoft Corp's shares fell by 99.5% from 3,763,300 to 21,251 shares, while Blackstone Inc's shares dipped by 99.3% from 4,231,358 to 68,316 shares.

New Holdings in Q1 2023

Cottage Street Advisors LLC acquired several new holdings in Q1 2023, including Pimco ETF TR, Union PAC Corp, Johnson & Johnson, Autonation Inc, and Molina Healthcare Inc.

Conclusion

Cottage Street Advisors LLC's Q4 2022 vs. Q1 2023 13F Holdings Comparison provides some exciting insights for investors. While the firm experienced losses in some of its holdings, it also made significant acquisitions, setting the stage for potential future growth. Investors should use this information to make more informed investment decisions and allocate capital accordingly.