From Microsoft to Tesla: Changes Across Q4 2022 vs. Q1 2023 Holdings

In the world of finance, one of the most essential factors that investors consider before making any investment is the holdings of a particular fund. Hall Capital Management Co Inc recently released its 13F holdings for Q4 2022, and Q1 2023. The report showcases the changes in these holdings and provides insight into the fund's investment strategy.

While the 13F holdings report is released 45 days after a quarter ends, it still serves as a valuable tool for investors, showing which companies the fund believes to be worth investing in. In this article, we will explore some significant changes in the holdings of Hall Capital Management Co Inc between Q4 2022 and Q1 2023.

Microsoft Corp and Apple Inc

Among the top holdings of Hall Capital Management Co Inc., Microsoft Corp and Apple Inc are the two tech giants that seem to have held strong through the two quarters. Microsoft held a total of 44,548 shares at the end of Q4 2022, with a value of $10,683,000; this slightly fell to 44,418 shares, with a value of $12,805,000 in Q1 2023. Apple, on the other hand, increased slightly from 38,066 shares at the end of Q4 to 38,469 shares in Q1, with an increase in value from $4,945,000 to $6,343,000.

Tesla Inc

One of the notable changes is the rise of Tesla Inc in the fund's portfolio. Tesla was included in the holdings in Q4 2022, with 2,368 shares, worth $291,000. It rose to 2,356 shares in Q1 2023, with a massive increase in value to $488,000, indicating how much the fund has confidence in the electric vehicle industry.

Pfizer Inc

Pfizer Inc experienced a considerable drop in the number of shares held by the fund, plummeting from 67,213 shares in Q4 2022 to 47,868 shares in Q1 2023. The value of the shares dropped from $3,443,000 to $1,953,000. This could indicate that Hall Capital Management Co. Inc. sees Pfizer as being less favorable in the current market.

Janus Detroit Str TR

Although a minor alteration within the holdings, Janus Detroit Str TR is another company that experienced a decline in shares held by the fund, from 132,187 in Q4 2022 to 126,168 in Q1 2023, with a drop from $6,511,000 to $6,246,000. This decrease implies that the company might be losing value, causing Hall Capital Management Co. Inc. to think twice about investing more.

Conclusion

Lastly, it is essential to note that the holdings mentioned in this article are just some of the significant alterations made by Hall Capital Management Co. Inc. In some cases, a decrease could be due to a strategic decision by the fund to invest elsewhere, or it could signify a changing view of the company's future growth trajectory. As always, investors should conduct due diligence and not rely solely on these 13F filings before making an investment decision.