Montag & Caldwell, LLC Q3 2022 vs. Q4 2022: A Look at the Changes in Fund Holdings

Montag & Caldwell, LLC recently released their 13F holdings report for Q3 2022 and Q4 2022. The report shows the changes in holdings of various funds, including Microsoft Corp, Alphabet Inc, Visa Inc, and more. In this article, we will take a closer look at the top-performing funds, the biggest losers, and what drove those changes.

Top-performing Funds

One of the top-performing funds in Q4 2022 was Abbott Labs (ABT), with an 8.2% increase in holdings. This was likely due to the company's strong financial performance in the quarter, which beat expectations and led to a boost in investor confidence.

Another top-performing fund was Edwards Lifesciences Corp (EW), with a whopping 46.3% increase in holdings. This was a result of the company's strong earnings report, with revenues beating estimates and strong growth in their Transcatheter Heart Valve Therapy segment.

The Biggest Losers

While some funds saw significant gains, others experienced losses. One of the biggest losers in Q4 2022 was Amazon.com, Inc (AMZN), with a -59.4% change in holdings. This was likely due to concerns over the company's supply chain issues and the potential impact on their holiday sales.

Apple Inc (AAPL) was another big loser, with a -29.9% change in holdings. This was largely due to concerns over the company's supply chain, as well as a decline in iPhone sales.

What Drove the Changes

Many of the changes in holdings can be attributed to company performance and announcements. For example, Abbott Labs saw a boost in investor confidence after a strong financial performance, while Amazon.com's supply chain issues and declining sales led to a decrease in investor confidence.

Other factors that could have contributed to the changes in holdings include changes in interest rates, shifts in market sentiment, and global economic factors.

Final Thoughts

Overall, Montag & Caldwell, LLC's Q3 2022 vs. Q4 2022 13F holdings report shows that while some funds saw gains, others experienced losses. The performance of individual companies and global economic factors played a major role in these changes. As always, it's important for investors to stay informed and keep a close eye on their portfolios to ensure that they are making informed investment decisions.