Sanders Morris Harris LLC Q3 2023 vs. Q4 2023: A Comparative Analysis of Fund Holdings

Introduction:

In the world of investment, it is essential to keep track of the changes in fund holdings to make informed decisions. Sanders Morris Harris LLC recently released their 13F Holdings Comparison for Q3 2023 and Q4 2023. This report highlights the changes in holdings of various funds during this period. Let us delve deeper into the data and understand the trends and implications it presents.

Apple Inc (AAPL):

In Q4 2023, Sanders Morris Harris LLC reduced their holdings in Apple Inc by 35.6%. The number of shares decreased from 146,557 in Q3 to 87,907 in Q4. This reduction may indicate a shift in strategy or market outlook for the investment firm.

NVIDIA Corporation (NVDA):

Holdings in NVIDIA Corporation remained relatively stable, with only a marginal increase of 0.5% from Q3 to Q4. This indicates confidence in the company's performance and growth potential.

Cintas Corp (CTAS):

Sanders Morris Harris LLC did not make any changes to their holdings in Cintas Corp, maintaining the same number of shares at 12,423 for both Q3 and Q4. This suggests a belief in the company's stability and long-term prospects.

SPDR S&P 500 ETF Trust (SPY):

The investment firm reduced their holdings in SPDR S&P 500 ETF Trust by 23.7% from Q3 to Q4. The number of shares decreased from 20,372 to 13,966. This reduction may reflect a reevaluation of the overall market conditions and a reallocation of assets.

Invesco Exchange Traded FD T (RSP):

An interesting observation is the significant increase in holdings of Invesco Exchange Traded FD T. From Q3 to Q4, Sanders Morris Harris LLC's holdings in this fund grew by a staggering 279.1%. The number of shares increased from 9,486 to 32,030. This indicates a positive outlook and confidence in the fund's performance.

Berkshire Hathaway Inc Del (BRK-A):

Holdings in Berkshire Hathaway Inc Del remained unchanged, with the investment firm holding 9 shares in both Q3 and Q4. This stability in holdings may stem from the belief in the company's consistent performance.

Invesco QQQ Trust (QQQ):

The investment firm experienced a substantial decrease in holdings in Invesco QQQ Trust, with a reduction of 96.1% from Q3 to Q4. The number of shares decreased from 264,745 to 9,032, indicating a significant realignment of assets and a change in market sentiment.

Conclusion:

Sanders Morris Harris LLC's Q3 2023 vs. Q4 2023 13F Holdings Comparison provides valuable insights into the changes in fund holdings during this period. From the data, we observe varying trends, including reductions, stability, and significant increases in holdings. These changes indicate the firm's response to market conditions and their assessment of individual companies' performance. As always, it is crucial for investors to carefully analyze such reports and consider them in their investment decision-making process.