Harvey Investment Co LLC updates Q4 2022 13F holdings with cautious decision-making, reporting a decrease in O REILLY AUTOMOTIVE INC while increasing shares in TJX COMPANIES INC and IDXX LABS INC.

Harvey Investment Co LLC is one of the largest investment firms globally, with a diverse portfolio of holdings across various industries. As of Q4 2022, the firm has updated its 13F holdings, whereby it has reported a 15.8% decrease in its holdings in O REILLY AUTOMOTIVE INC NEW CO.

The significant shift in holdings could be attributed to several factors, including changes in market trends or the company’s management strategies. While some investors may view Harvey Investment Co LLC's reduction in holdings as a cause for concern, the firm's retaining of shares in other companies paints a picture of cautious decision-making.

Among the holdings that enjoyed increased investments are TJX COMPANIES INCORPORATED NEW, which saw a 27.8% increase in the total number of shares, and IDXX LABS INC COM, which witnessed a significant 25% increase in shares.

Other holdings that gained investment include AGILENT TECHNOLOGIES INC, ANSYS INC COM, and ABBOTT LABS COM. These companies have seen a 22%, 10.1%, and 12.8% increase in the number of shares, respectively.

On the other hand, Waste Connections Inc. took a hit in Harvey Investment Co LLC's holdings, with a 2.3% decrease in the total number of shares. Additionally, Alphabet Inc. Cap Stk experienced an 8.9% reduction in Harvey Investment Co LLC's holding, while McCormick & Co Inc Com Non Vtg experienced a 9.4% reduction in holdings.

However, it is interesting to note that while Berkshire Hathaway Inc's B and A shares saw a 1.3% and 14.6% increase in Harvey Investment Co LLC's holdings, respectively, the overall shares have remained unchanged.

Other notable declines in holdings include Disney Walt Co Disney Com, which saw a 7.8% reduction in total holdings, and Microsoft Corp Com, which reported a 3% decline in the total number of shares.

A significant increase in holdings for the quarter was seen in Fastenal Co Com, which saw a 2.2% increase in shares, while Nordson Corporation witnessed a 13.1% increase. PepsiCo Incorporated reported a 9.7% increase in shares, while Exon Mobil Corporation reported a 23.9% increase in shares.

Based on the quarterly report, it is clear that Harvey Investment Co LLC is cautious when reviewing its portfolio changes. While some holdings saw an increase in the total share value, it is notable that the company reduced its stake in several stocks. Overall, it is clear that the company is constantly reviewing changes in the market and making informed decisions on how to invest its clients' money.

In conclusion, cautious investors looking to make informed decisions should scrutinize the quarterly reports of companies like Harvey Investment Co LLC to mitigate the risks associated with investing.