Pacific Global Investment Management Co Q4 2022 vs. Q1 2023 13F Holdings Comparison

Are you curious about what changes have occurred in Pacific Global Investment Management Co's holdings? In this article, we dive into the Q4 2022 vs. Q1 2023 13F holdings comparison, analyzing the data and discussing the major shifts in their portfolio.

Over the course of Q4 2022 and Q1 2023, Pacific Global Investment Management Co experienced some significant changes to their holdings. Let's take a closer look.

Technology

Technology companies were a significant part of the Pacific Global Investment Management Co portfolio, with holdings in well-known companies like Apple, Microsoft, and Amazon. Across the board, there was a decrease in holdings in these companies, with Apple and Microsoft's holdings dropping by 17.9% and 13.7% respectively. Amazon fared a bit better with a decrease of only 16.6%.

Energy

Chesapeake Energy Corp and Devon Energy Corp were some of the top energy holdings in Pacific Global Investment Management Co's portfolio. However, there was a decrease in both companies' holdings by 15.4% and 4.4% respectively.

Financials

There was a mixed bag in the financials sector of Pacific Global Investment Management Co portfolio. While there was a decrease in holdings of Bank of America, JPMorgan Chase & Co, and Goldman Sachs Group Inc, there was an increase in holdings of American Express Co and Voya Financial Inc, a subsidiary of ING Group.

Consumer Staples

PepsiCo and Proctor & Gamble Co were some of the consumer staples that made up Pacific Global Investment Management Co portfolio. However, like many other sectors, there was a decrease in holdings of all their consumer staples companies, with Proctor & Gamble Co's holdings dropping by 5.5% and PepsiCo's dropping by 4.5%.

Industrials

There were some significant changes in the industrials sector of Pacific Global Investment Management Co's portfolio. Union Pacific Corp held its place with a minimal decrease of only 2.3%, but Darling Ingredients Inc was one of the most significant decliners with a decrease of 3.8%. On the other hand, there were companies that experienced an increase in holdings such as Illinois Tool Works Inc and Kirby Corp with an increase of 6.9% and 8.2% respectively.

Conclusion

In summary, Pacific Global Investment Management Co saw a decrease in its holdings across many sectors. The technology sector saw significant dips, but there were some increases in holdings in other sectors such as financials and industrials. It will be interesting to see how these changes affect the company moving forward.