Revamping the Portfolio: Brown Capital Management LLC Q3 2022 vs. Q4 2022

Each quarter, institutional investment managers managing $100 million or more in assets must file a Form 13F with the Securities and Exchange Commission (SEC). The filing reveals the portfolio of an institution and the changes made to it during the previous quarter. For instance, the latest 13F filing of Baltimore-based investment firm Brown Capital Management LLC reveals altered positions in several technology and healthcare companies. In this blog post, we'll dive into the Q3 2022 vs. Q4 2022 13F holdings comparison of Brown Capital Management LLC, with a special focus on the top movers, i.e., the companies with the most significant increases and decreases in the number of shares and their corresponding value. But first, let's understand what a 13F filing is.

What is 13F Filing?

As mentioned earlier, the Form 13F is a quarterly report that investment advisors managing at least $100 million in qualifying assets must submit to the SEC. The report discloses the investment manager's equity holdings as of the end of the quarter. In each filing, investment managers must disclose the name of each security held, its ticker symbol, the number of shares held, and the total market value of the position. Additionally, the filing also shows any new purchases or sold out positions during the quarter. Now, let's examine the holdings of Brown Capital Management LLC as per the Q3 2022 and Q4 2022 report.

Brown Capital Management LLC Q3 2022 vs. Q4 2022 13F Holdings Comparison

According to the latest SEC filing, Brown Capital Management LLC has made some substantial changes to its equity holdings' composition. Here's a list of the top movers.

Top 5 Decreases in Holdings by Value

• PAYC: Paycom Software, with a decrease of 22.8% in value
• MANH: Manhattan Associates, with a decrease of 25.1% in value
• TYL: Tyler Technologies, with a decrease of 27.2% in value
• ALRM: Alarm com Holdings Inc, with a decrease of 30.7% in value
• QTW0: Q2 HLDGS Inc, with a decrease of 41.1% in value

  Top 5 Increases in Holdings by Value

• TECH: Bio-Techne Corp, with an increase of 17% in value
• SMAR: Smartsheet Inc, with an increase of 8.4% in value
• VCEL: Vericel Corp, with an increase of 6.2% in value
• HLIO: Helios Technologies, with an increase of 9.7% in value
• SHOP: Shopify Inc, with an increase of 32.4% in value As seen in the above list, the top movers include companies from the healthcare, technology, and e-commerce sectors. Notably, the trend of value decrease in firms like Paycom Software, Manhattan Associates, and Alarm com Holdings Inc might indicate a reduction in investor sentiment. Meanwhile, Vericel Corp and Smartsheet Inc saw an increase in holdings, which can be a bullish sign for the corresponding firms.

  Conclusion

  In conclusion, Brown Capital Management LLC's Q3 2022 vs. Q4 2022 13F holdings comparison reveals the investment firm's increased focus on healthcare and technology. While the fund has reduced stakes in some of the tech firms, it has shown confidence in companies globally revolutionizing the industry. The 13F filing not only provides insights into institutional investors' holdings but also offers the public a chance to understand trends in different sectors, industries, and individual companies.