Steigerwald, Gordon & Koch Inc. Q4 2022 vs. Q1 2023 13F Holdings: Winners and Losers.

The release of the Steigerwald, Gordon & Koch Inc. Q4 2022 vs. Q1 2023 13F holdings report has provided a comprehensive outlook on the firm's investment activities over the last quarter and signaled both successes and losses. The report compares the fund's holdings in Q4 2022 with Q1 2023, showcasing changes in the shares held, value, option type, and percentage change.

Apple Inc (AAPL) was among the biggest winners, with the fund's shares increasing from 212,044 to 214,419, and value from $27,550 to $35,357, recording a 28.3% uptick. Meanwhile, the fund's stake in Johnson & Johnson (JNJ) dipped by 9.8%, with shares declining from 95,949 to 98,633, and the value dropping from $16,949 to $15,288.

While technology stocks continue to dominate the fund's high-value holdings, a few non-tech holdings have also performed well. This article delves deeper into the winners and losers in the report, providing an insight into the reasons behind the changes in holdings, what it means for the fund, and what investors can learn.

Winners

Apple Inc (AAPL)

AAPL is the top holding of the Steigerwald, Gordon & Koch Inc. fund, accounting for 20.1% ($7.9 billion) of the portfolio's total value. AAPL shares increased from 212,044 to 214,419, and the value rose from $27,550 to $35,357, recording a 28.3% rise. The tech giant's stock has enjoyed a bullish run recently, with the share price climbing by over 20% since the start of the year, backed by strong fundamentals and impressive financial results.

Microsoft Corp (MSFT)

MSFT is the second-biggest holding of the fund, accounting for 11.4% ($4.5 billion) of the portfolio's total value. The fund's shares in the tech giant increased by 2%, from 87,327 to 89,167, with the value rising by 22.7%, from $20,942 to $25,706. MSFT's strong financials and the cloud computing boom have inspired investor optimism and propelled the stock to new heights.

Dick's Sporting Goods Inc. (DKS)

Sports retailer DKS is one of the biggest winners in the Q4 2022 vs. Q1 2023 report, with shares rising by 17.3%, from 162,565 to 161,668, and value increasing by 17.3%, from $19,554 to $22,939. The company has enjoyed a surge in demand for its products as people continue to embrace outdoor sports and exercise, leading to a 203% rise in net income in Q2 2021.

Losers

Johnson & Johnson (JNJ)

JNJ was among the biggest losers in the report, with the fund's shareholding declining by 9.8%, from 95,949 to 98,633, and the value reducing by 9.8%, from $16,949 to $15,288. The healthcare giant has been battered by litigation and compensation claims related to its opioid crisis role, yet the company hopes to bounce back driven by a robust pipeline and strategic acquisitions.

Autodesk, Inc. (ADSK)

ADSK shares declined by 5.3%, from 75,590 to 76,842, and values decreased by 5.3%, from $18,055 to $17,107. The multinational software corporation helps companies design and create innovative products and services and is at the forefront of the digital transformation.

Conclusion

The Steigerwald, Gordon & Koch Inc. Q4 2022 vs. Q1 2023 13F holdings report provides a comprehensive overview of the fund's investment activities, showcasing both the winners and losers. The report highlights the top holdings, position changes, and winners or losers in terms of value and change percentage. It offers a useful insight into the fund's investment preferences, investor sentiment, and market trends.