The Rise and Fall: A Comparison of Distillate Capital Partners LLC Q3 2022 vs. Q4 2022 Holdings

With the volatility of the market these days, it's not surprising to see some portfolio changes. Distillate Capital Partners LLC Q3 2022 vs. Q4 2022 13F Holdings Comparison shows us a glimpse of what's been happening. Through this comparison, we can discern some of the shifts and fluctuations of the market in the previous quarter.

In the Q3 2022 holdings of Distillate Capital Partners LLC, we see some notable companies such as Omnicom Group Inc., Celanese Corp Del, and Amgen Inc. Omnicom Group was the largest holding of the firm in Q3, with 97176 shares valued at $6268, accounting for 12% of the portfolio. Celanese Corp Del followed closely in second place with a 10% portfolio weight. Meanwhile, Amgen Inc. was also a significant holding with 44005 shares valued at $10164, accounting for 11% of the portfolio.

However, things took a sharp turn in the Q4 2022 holdings of Distillate Capital Partners LLC. Omnicom Group Inc., which was the largest holding in Q3, saw a 99.8% decrease in shares held, with only 156 shares held in Q4. This huge decrease was followed by a 99.9% decrease in Microchip Technology Inc. and Broadcom Inc., two of the largest holdings in Q3.

On the other hand, several companies saw an increase in shares held. Fleetcor Technologies Inc. saw a 99.8% increase in shares held, with 54 shares held in Q4 compared to the none held in Q3. Also, Viathris Inc., Fidelity National Financial, and OVIntiv Inc. were not on the Q3 holdings list but had significant increases in shares held.

It's worth noting that some significant holdings were entirely removed from the portfolio in Q4, such as HORIZON THERAPEUTICS PUB L, Halliburton Co, and Modena Inc, among others. Some of the holdings that were removed were companies that saw a massive decrease in share value, such as Steel Dynamics Inc. The company lost 99.8% in share value from Q3, with the firm holding 132 shares valued at $12, falling from 14% of the portfolio in Q3.

It's crucial to understand that these changes in holdings are not necessarily a reflection of the market's performance as they may be due to various reasons, such as corporate actions, merger and acquisition activity, and portfolio rebalancing. Nevertheless, they provide us with valuable insights into the portfolio manager's recent strategy shifts or market perceptions.

In conclusion, the Distillate Capital Partners LLC Q3 2022 vs. Q4 2022 13F Holdings Comparison has shown that there have been substantial changes in the portfolio. Despite the decrease in the value of some holdings and the removal of some firms, the firm's portfolio has seen some significant additions that may be indicative of the market's positive outlook or a shift in investment strategy. Understanding these changes is crucial to making informed decisions in the investment space.