New England Asset Management Inc Q3 2022 vs. Q4 2022 13F Holdings Comparison

As an investor, it is essential to keep an eye on the holdings of different funds. In this blog post, we will be discussing the changes in holdings of New England Asset Management Inc from Q3 2022 to Q4 2022.

New England Asset Management Inc (NEAM) is a subsidiary of New England Life Insurance Company that provides investment management services to institutional clients. The firm manages equity and fixed-income portfolios and has a focus on value investing.

Let's take a closer look at the changes in holdings of NEAM from Q3 2022 to Q4 2022.

First, let's talk about the top holdings of NEAM in Q3 2022. The top five holdings included Apple Inc., Bank of America Corp, US Bancorp Del, Chevron Corp New, and HP Inc. The total value of NEAM's holdings in Q3 2022 was $81.8 million.

Moving on to Q4 2022, we can see that NEAM made significant changes in its holdings. The top five holdings in Q4 2022 included Apple Inc., Chevron Corp New, Bank of America Corp, SPDR S&P 500 ETF TR, and HP Inc. The total value of NEAM's holdings in Q4 2022 was $78.1 million, a decrease of 4.5% from Q3.

Let's take a closer look at some of the changes in holdings between Q3 2022 and Q4 2022.

Chevron Corp New saw a decrease in shares of 44700, making it the largest decrease in holdings for NEAM between the two quarters. However, the value of the shares increased by 24.6%, indicating that NEAM still has a bullish outlook on the company.

On the other hand, SPDR S&P 500 ETF TR saw an increase in shares of 22160, making it the largest increase in holdings for NEAM between the two quarters. The value of the shares also increased by 16.9%, indicating that NEAM sees potential in investing in this ETF.

Another interesting change in holdings is the significant increase in shares of Vanguard Whitehall FDS by 72705 shares. The value of the shares also increased by 147.4%, indicating that NEAM has high hopes for the company.

Overall, we can see that NEAM made some strategic moves in its holdings between Q3 2022 and Q4 2022. Although there was a decrease in the total value of holdings, NEAM still made some investments with great potential for growth. It will be interesting to see how these changes in holdings affect NEAM's performance in the future.