The Changing Tides of American Money Management's Q3 to Q4 2022 Holdings

American Money Management, LLC is a well-known asset manager, responsible for managing billions of dollars worth of assets. As with any fund manager, they are tasked with balancing their portfolio to achieve the best possible returns for their clients. In this blog post, we will take a closer look at the changes in holdings of American Money Management's fund from Q3 to Q4 of 2022.

Before we dive into the specifics, it's worth noting that the fund manager has made some significant changes to their portfolio. Out of the 50 companies listed in the CSV, over 20% experienced changes in their holdings. This tells us that American Money Management is actively managing their portfolio, not simply holding onto stocks for the long-term.

Let's take a closer look at some of the companies that have experienced significant changes in holdings.

Vanguard FTSE Developed Markets (VEA)

VEA was the company with the most significant percentage increase in holdings, experiencing a 14.1% increase in holdings. This increase may be due to the increasing popularity of international markets amongst investors. As the global economy continues to recover from the pandemic, many investors are looking for opportunities in international markets.

Visa Inc. (V)

Visa Inc. (V) has also experienced significant growth in their holdings, with a 23.5% increase in the number of shares owned. This growth may be due to the ongoing trend towards cashless transactions, which bodes well for companies like Visa.

Johnson & Johnson (JNJ)

Johnson & Johnson (JNJ) experienced a more modest increase in holdings, with an 8.8% increase in shares owned. This may be due to the ongoing demand for healthcare products, particularly given the ongoing pandemic.

Amazon.com Inc. (AMZN)

Amazon.com Inc. (AMZN) experienced one of the largest decreases in holdings, with a 23.7% decrease in shares owned. This is surprising given the ongoing growth of e-commerce, but may be due to concerns over the company's valuation.

Thermo Fisher Scientific Inc (TMO)

Thermo Fisher Scientific Inc (TMO) is another company that experienced significant growth in holdings, with a 14.9% increase in shares owned. This could be due to the ongoing demand for healthcare products, particularly given the ongoing concerns about the pandemic.

Conclusion

In conclusion, American Money Management's Q3 to Q4 2022 holdings have undergone significant changes. The fund manager has actively managed their portfolio, making changes to their holdings as they see fit. While some of these changes may seem surprising, they are all part of the fund manager's ongoing efforts to achieve the best possible returns for their clients. As always, investors should do their own research before making any investment decisions.