Hamlin Capital Management, LLC Q2 2023 vs. Q3 2023 13F Holdings Comparison

Hamlin Capital Management, LLC is a prominent investment firm that commands attention in the financial market. As a leading force in the industry, their decisions and holdings have a significant impact on the market. In this article, we will delve into the Q2 2023 vs. Q3 2023 13F Holdings Comparison by Hamlin Capital Management, LLC and analyze the changes that occurred during this period.

BROADCOM INC: Decline in Holdings

One of the notable changes in Hamlin Capital Management, LLC's holdings is related to BROADCOM INC. In Q2 2023, the firm had 217,366 shares, with a total value of $188,549,000. However, in Q3 2023, the number of shares dropped to 206,123, resulting in a decrease of 9.2% in holdings. The value of their holdings also decreased to $171,201,000. This decline indicates a strategic shift in the firm's investment portfolio.

CONOCOPHILLIPS: Minimal Fluctuations

On the other hand, Hamlin Capital Management, LLC's holdings in CONOCOPHILLIPS remained relatively stable between Q2 2023 and Q3 2023. The number of shares dropped slightly from 1,320,042 to 1,318,670, showing a negligible decrease of 15.5%. The value of these holdings also decreased from $136,769,000 to $157,976,000. This marginal change suggests a cautious approach to this particular investment.

ABBVIE INC: Increase in Holdings

While some holdings experienced a decline, Hamlin Capital Management, LLC saw an increase in their holdings of ABBVIE INC. In Q2 2023, they held 952,119 shares, valued at $128,278,000. However, by Q3 2023, the number of shares increased to 961,370, a growth of 11.7%. The value of these holdings also increased to $143,301,000. This upward trend indicates a positive sentiment towards ABBVIE INC as an investment opportunity.

ARES MANAGEMENT CORPORATION: Slight Decrease in Holdings

Moving on, Hamlin Capital Management, LLC's holdings in ARES MANAGEMENT CORPORATION exhibited a slight decrease in Q3 2023. In Q2 2023, they held 1,461,768 shares, valued at $140,841,000. However, by Q3 2023, the number of shares dropped to 1,364,100, accounting for a decrease of 0.4%. The value of these holdings remained relatively stable at $140,324,000. This subtle change suggests a measured adjustment in their investment strategy.

ENTERPRISE PRODS PARTNERS L: Nominal Increase in Holdings

Hamlin Capital Management, LLC's holdings in ENTERPRISE PRODS PARTNERS L also displayed a slight change. In Q2 2023, they held 4,949,231 shares, with a total value of $130,412,000. By Q3 2023, the number of shares increased to 4,958,938, reflecting a modest growth of 4.1%. However, the value of these holdings rose to $135,726,000. This nominal increase points towards a cautious optimism in their investment approach.

PROCTER AND GAMBLE CO: Decrease in Holdings

Another noteworthy change can be observed in Hamlin Capital Management, LLC's holdings of PROCTER AND GAMBLE CO. In Q2 2023, they held 907,160 shares, valued at $137,652,000. However, by Q3 2023, the number of shares decreased to 911,732, resulting in a decline of 3.4%. The value of these holdings also dropped to $132,985,000. This downward trend suggests a reassessment of their position in PROCTER AND GAMBLE CO.

OLD REP INTL CORP: Increase in Holdings

Hamlin Capital Management, LLC's holdings in OLD REP INTL CORP experienced a positive change between Q2 2023 and Q3 2023. In Q2 2023, they held 4,849,862 shares, with a total value of $122,071,000. However, in Q3 2023, the number of shares increased to 4,840,304, accounting for a growth of 6.8%. The value of these holdings also increased to $130,397,000. This increase signifies confidence in OLD REP INTL CORP's prospects.

The changes in Hamlin Capital Management, LLC's holdings highlighted in this analysis showcase a dynamic investment strategy. While some holdings experienced a decline, others saw an increase or remained relatively stable. It is crucial to note that these changes reflect the evolving nature of the market and the firm's efforts to optimize their investment portfolio. Understanding these fluctuations allows investors to gain insights into the strategic decisions taken by Hamlin Capital Management, LLC and make informed choices.