Examining EFG Asset Management's Q3-Q4 13F Holdings Changes: Winners, Losers, and Surprises

As the year comes to a close, asset management firms are busy making the final adjustments to their portfolios. One of these firms is EFG Asset Management (Americas) Corp., which recently released its Q3-Q4 13F holdings comparison. The report shows the changes in the firm's holdings over the past quarter, giving an insight into the stocks that EFG Asset Management is bullish or bearish on. This blog post will delve into this comparison report to examine the winners, losers, and surprises in EFG Asset Management's portfolio.

The report reveals that EFG Asset Management has significantly reshaped its portfolio between Q3 and Q4. The firm bought more than 13 million new shares in Q4, increasing its holdings by 8.6% compared to Q3. The total value of EFG's holdings also went up from $218.2 million to $235.0 million. The following sections look at some of the key changes in EFG's portfolio.

Winners in EFG's Portfolio:

One of the top-gaining stocks in EFG Asset Management's portfolio is Idexx Labs (IDXX). The firm bought 5,327 additional shares of the stock, leading to a 79.7% increase in its holdings. Another stock that performed well in EFG's portfolio is Nike Inc (NKE), with the firm buying 11,899 additional shares for a gain of 74.6%. These holdings highlight the firm's bullish approach towards healthcare and consumer goods stocks.

Losers in EFG's Portfolio:

The biggest loser in EFG's portfolio is electric car maker Tesla (TSLA), with the firm selling 2,512 shares during the quarter, leading to a 56.9% drop in its holdings. Apple Inc (AAPL) is another disappointing stock in EFG's portfolio, with the firm selling more than 40% of its holdings in the tech giant. These decreases suggest that EFG is bearish on these companies' future prospects, especially given the recent volatility in the tech sector.

Surprises in EFG's Portfolio:

One of the biggest surprises in EFG Asset Management's portfolio is Intuit Inc (INTU), which the firm did not hold any shares in in Q3 but acquired 7,893 shares in Q4. This increase shows the firm's bullish outlook on the company, which is a financial software provider. Another surprising stock in EFG's portfolio is Alnylam Pharmaceuticals Inc (ALNY), with the firm buying 275 additional shares for a gain of 20.9%, despite the stock's lackluster performance for the year.

Conclusion:

EFG Asset Management (Americas) Corp.'s Q3-Q4 13F holdings comparison provides valuable insights into the firm's investment strategies and stock preferences. The report shows that EFG is bullish on healthcare and consumer goods stocks but is bearish on tech companies. It's also interesting to see how the firm has reshaped its portfolio, with some notable surprises, such as Intuit, despite the current market volatility. While the report may not provide a complete picture of EFG's investment strategy, it's still an essential tool for investors looking for insights and trends in the market.