Janney Capital Management LLC Q4 2022 vs. Q1 2023 13F Holdings Comparison

Investors and traders are always curious to know how big traders, including hedge funds, mutual funds, and institutional investors, are positioning themselves in a specific sector. The Securities and Exchange Commission (SEC) mandates firms with over $100 million in assets must file what is called a Form 13F each quarter. The form discloses what equity securities the firm held at the end of the quarter.

In this article, we’ll look at the difference in Janney Capital Management LLC's Q4 2022 versus Q1 2023 13F holdings to see if there are any significant positions added or sold off.

In the 13F filing, Janney Capital Management LLC has disclosed holding 31 stocks with a total value of $854.25 million. The investments are spread across various sectors, including technology, finance, healthcare, and energy.

Microsoft Corp (MSFT)

One of Janney Capital Management LLC’s top holdings is Microsoft Corp, with 122,109 shares worth $35,204,000. It ranks as the third-largest holding, representing 4.12% of the portfolio. The company increased its position by 21.6%, adding 21,413 shares during the March quarter.

TECH SEL SECT SPDR ETF (XLK)

Janney Capital Management LLC’s largest holding is Tech Sel Sect SPDR ETF, representing a whopping 13.94% of the portfolio worth $119,608,000. It has 171,269 shares of the ETF. During the March quarter, Janney Capital Management LLC sold off 5,120 shares, a decrease of 2.91%.

JPMorgan Chase & Co (JPM)

The second-largest holding in Janney Capital Management LLC’s portfolio is JPMorgan Chase & Co. The investment company holds $26,636,000 worth of JPMorgan stock, representing 3.11% of Janney Capital Management LLC’s 13F portfolio. This quarter, the fund added 969 shares of JPMorgan Chase, an increase of 0.47% and worth $1,930,000.

MercadoLibre Inc (MELI)

MercadoLibre Inc, the Latin American e-commerce giant, is among Janney Capital Management LLC’s holdings. The investment firm reported holding 9,333 shares worth $12,301,000, ranking it the 26th largest holding in their portfolio.

Caterpillar Inc (CAT)

Janney Capital Management LLC decreased its holding of Caterpillar by -0.9% during the March quarter, from 81,636 shares to 81,436 shares. Despite the reduction, Janney Capital Management LLC holds a position worth $18,682,000, representing 2.19% of the portfolio.

In conclusion, during the March quarter, Janney Capital Management LLC increased its positions in technology and healthcare sectors while selling off small portions of some financial holdings. While the investment company’s position in some of the top holdings remained stable, a few additions showed an optimistic outlook for the respective companies.