The Rise and Fall: Suncoast Equity Management Q3 2022 vs. Q4 2022 13F Holdings Comparison

Suncoast Equity Management is one of the top-performing hedge fund firms, with its portfolio consisting of some of the most profitable and promising companies in the market. For avid followers of the firm and those interested in the company's portfolio, the 13F filings are a great source of information. In this blog post, we will compare the Q3 2022 vs. Q4 2022 13F holdings of Suncoast Equity Management and analyze the changes in the portfolio.

The third quarter of 2022 saw Suncoast Equity Management sell off some of its holdings and make some new purchases. In terms of sales, the highest percentage decline was for Alphabet Inc. (GOOG), with a -13.1% change. In terms of actual shares sold, Microsoft Corp. (MSFT) had the highest number of shares sold, with a reduction of 8,881 shares (-1.2% change). The shares of Apple Inc. (AAPL) were also sold in Q3 2022, with 6,902 shares sold (-2.4% change).

On the flip side, Suncoast Equity Management made new purchases in Q3 2022. Home Depot Inc. (HD) and Visa Inc. (V) were the two companies that had the highest percentage increase in shares bought, with 10% and 11.8% changes, respectively. In terms of actual shares purchased, Automatic Data Processing (ADP) had the highest number of shares purchased, with an increase of 25,469 shares (46.6% change).

Moving on to Q4 2022, we see another round of buying and selling by Suncoast Equity Management. The top percentage decline in shares was for Amazon (AMZN), with the shares sold to zero. Similarly, Advanced Auto Parts (AAP) and Zebra Tech (ZBRA) shares were completely sold off as well. Berkshire Hathaway Inc. (BRK-B) experienced a 10.8% decline in shares, with 2,024 shares sold in Q4.

The two companies that had the highest percentage increase in shares bought were Amerisourcebergen Corp (ABC) and Fair Isaac Corp (FICO), with a 38.7% and 51.6% change respectively. However, in terms of actual shares purchased, Copart, Inc. (CPRT) had the highest number of shares purchased, with an increase of 727 shares (18.6% change).

In conclusion, the Q3 2022 vs. Q4 2022 13F Holdings Comparison of Suncoast Equity Management shows some interesting changes in the portfolio. The top holdings of the hedge fund may have changed, but it remains to be seen if these changes will lead to more profits for Suncoast Equity Management's clients in the long term.