Harrington Investments' Q4 2022 vs. Q1 2023 Portfolio Shift: A Comprehensive Analysis

Harrington Investments Inc. is a reputable firm that specializes in providing investment advice and portfolio management services. The firm recently released its 13F holdings data, which provides insights into the changes in its investment portfolio between Q4 2022 and Q1 2023. This article offers a comprehensive analysis of Harrington Investments' Q4 2022 vs. Q1 2023 holdings comparison.

Before we delve into the data, it is essential to understand what 13F holdings data is and how it can be useful. 13F filings are reports that institutional investment managers must file with the Securities and Exchange Commission (SEC) concerning their investment activities on a quarterly basis. These reports disclose the investment manager's equity holdings, including the number of shares held and the market value of those shares.

Harrington Investments Inc.'s 13F holdings report for Q4 2022 indicates that the firm held shares in 49 companies. The total value of its portfolio was $98.3 million, with the top five holdings being in Apple Inc ($10.1 million), Microsoft Corp ($7.1 million), Schwab Strategic TR ($5.9 million), Marsh & McLennan Cos Inc ($4.5 million), and Alphabet Inc ($3.4 million).

In the Q1 2023 13F holdings report, Harrington Investments Inc. held shares in 48 companies, with a total portfolio value of $98.3 million. The top five holdings in this quarter were in Apple Inc ($12.6 million), Microsoft Corp ($8.7 million), Thermo Fisher Scientific Inc ($6.7 million), Schwab Strategic TR ($5.1 million), and Marsh & McLennan Cos Inc ($4.6 million).

A closer look at the data reveals that Harrington Investments Inc. reduced its holdings in Schwab Strategic TR by 13.7% and in Charles Schwab Corp by 36.6%. On the other hand, the firm increased its holdings in First Solar Inc by 43.9%, in Intel Corp by 26.2%, and in Altria Group Inc by 59.2%.

Harrington Investments Inc. also made some noteworthy changes in its top holdings. The firm reduced its holdings in Alphabet Inc by 14.4% and in Procter and Gamble Co by 7.0%, while increasing its stake in Apple Inc by 25.1% and in Microsoft Corp by 22.2%.

Additionally, Harrington Investments Inc. initiated new positions in Intuit Inc and Fair Isaac Corp, with market values of $878 thousand and $230 thousand, respectively, during Q1 2023.

Overall, the data indicates that Harrington Investments Inc. made several portfolio shifts in Q1 2023. It reduced its exposure to a few companies while increasing its investments in others. These changes suggest that the firm may have been rebalancing its portfolio to align with its investment strategy and outlook.

In conclusion, 13F filings provide valuable insights into institutional investment managers' activities, and analyzing them can help investors make informed investment decisions. Harrington Investments Inc.'s Q4 2022 vs. Q1 2023 holdings comparison indicates that the firm made some meaningful changes to its portfolio, which could be an indication of its views on the market and its investment strategy.