Focused Investors LLC Q2 2023 vs. Q3 2023 13F Holdings Comparison

Johnson & Johnson, UnitedHealth Group Inc., and Microsoft Corp. Lead the Way with Changed Holdings in Q3 2023

In the highly dynamic world of investment, staying on top of the latest trends and changes in holdings is essential for both investors and market analysts. This is where the quarterly reports filed by institutional investment managers, also known as Form 13F filings, come into play. These reports reveal the holdings and changes in positions of major funds, providing valuable insights into investment decisions.

In this article, we will delve into Focused Investors LLC's Q2 2023 vs. Q3 2023 13F holdings comparison. Focused Investors LLC, a leading investment firm known for its focused investment strategy, has shown some interesting shifts in its holdings during this period.

1. Johnson & Johnson (JNJ):

- Q2 2023 Holdings: 1,332,000 shares

- Q3 2023 Holdings: 1,310,000 shares

- Change: -7.5%

The healthcare giant, Johnson & Johnson, retained its position as the top holding in Focused Investors LLC's portfolio. Despite a minor decrease of 7.5% in its holdings, Johnson & Johnson remains a stable and attractive investment choice.

2. UnitedHealth Group Inc. (UNH):

- Q2 2023 Holdings: 407,250 shares

- Q3 2023 Holdings: 402,650 shares

- Change: 3.7%

UnitedHealth Group Inc., a diversified healthcare company, also had a notable presence in Focused Investors LLC's portfolio. Despite a slight decrease in holdings, this blue-chip stock continues to be a favorite among institutional investors.

3. Microsoft Corp. (MSFT):

- Q2 2023 Holdings: 631,350 shares

- Q3 2023 Holdings: 622,150 shares

- Change: -8.6%

Technology giant Microsoft Corp. showcased its resilience as a core holding for Focused Investors LLC. Although there was a decrease of 8.6% in holdings, Microsoft's consistent performance and innovation make it a desirable stock for long-term investors.

Apart from these top holdings, several other companies experienced changes in Focused Investors LLC's portfolio during Q2 2023 vs. Q3 2023. Let's take a closer look at some of the notable changes:

- The Goldman Sachs Group, Inc. (GS):

- Q2 2023 Holdings: 341,800 shares

- Q3 2023 Holdings: 375,100 shares

- Change: 10.1%

Goldman Sachs, a leading investment banking company, witnessed a significant increase in holdings. This suggests a positive outlook for the financial sector and indicates Focused Investors LLC's confidence in the company.

- Fiserv, Inc. (FISV):

- Q2 2023 Holdings: 1,230,600 shares

- Q3 2023 Holdings: 1,212,400 shares

- Change: -11.8%

Fiserv, a global fintech leader, experienced a decrease in holdings during the period under review. This change could be attributed to various factors, including market conditions and portfolio adjustments by Focused Investors LLC.

- RTX Corporation (RTX):

- Q2 2023 Holdings: 892,800 shares

- Q3 2023 Holdings: 880,600 shares

- Change: -27.5%

RTX Corporation, a multinational aerospace and defense company, encountered a significant decrease in holdings. This may be a result of reallocation of funds or a strategic shift in investment focus by Focused Investors LLC.

While the changes in holdings present an interesting insight into Focused Investors LLC's investment strategy, it's important to note that 13F filings capture only a portion of an investment manager's complete holdings. These filings do not cover short positions, cash holdings, or non-US holdings, among other factors.

It's worth mentioning that 13F filings are submitted to the U.S. Securities and Exchange Commission (SEC) by institutional investment managers managing over $100 million in qualifying assets. These filings provide transparency and allow the general public and other market participants to track investment trends and maintain market integrity.

In conclusion, Focused Investors LLC's Q2 2023 vs. Q3 2023 13F holdings comparison showcases a blend of consistency, adjustment, and strategic decision-making. These changes reflect the ever-evolving nature of the investment landscape. By closely analyzing these shifts, investors can gain valuable insights into the investment decisions of institutional investment managers and potentially make more informed investment choices.