Cambridge Trust Co Q3 2022 vs. Q4 2022: A Look at the Shifts in Holdings

The latest 13F filing by Cambridge Trust Co has revealed some significant changes in their holdings between Q3 2022 and Q4 2022. The report, which lists the top 50 investment positions, shows some stocks have seen major increases in their value while others have seen a sharp decline. Here is a breakdown of the top movers and shakers in the Cambridge Trust Co portfolio.

Top Movers

Exxon Mobil Corp (XOM): The energy giant saw an impressive 28.1% increase in the number of shares held by Cambridge Trust Co between Q3 and Q4 2022. The Q4 2022 13F filing reveals that the company now holds 502,972 shares, up from 495,928 in the previous quarter. This increase comes after a volatile year for oil prices and suggests that Cambridge Trust Co sees potential for future growth in this sector.

JP Morgan ETFs/USA (JEPI): Cambridge Trust Co's Q4 2022 filing shows a 31.8% increase in the number of shares held in JP Morgan ETFs/USA, up from 578,160 in Q3 to 716,269 in Q4. This uptick suggests that the company sees continued potential for growth in the exchange-traded funds space.

Regions Financial Corp (RF): This regional bank was the largest gainer in terms of value for Cambridge Trust Co, with a 73.2% increase between Q3 and Q4 2022. The value of the holdings increased from $8,025,000 to $13,898,000 in just one quarter, reflecting a positive outlook for the financial sector.

Top Losers

Amazon.com Inc (AMZN): The e-commerce giant saw a significant decline in the number of shares held by Cambridge Trust Co, down 5.1% from 335,255 to 317,065. This decrease represents a 29.7% drop in the value of the company's holdings, from $37,884,000 to $26,633,000.

ISHARES TRUST (SHY): The fixed income ETF saw a 21.1% decrease in the value of the holdings for Cambridge Trust Co, down from $10,144,000 to $8,128,000. This is likely due to the current low interest rate environment and a shift in strategy towards more equity-based investments.

PayPal Holdings Inc (PYPL): The payment-processing company saw a 23.7% decrease in the value of the holdings for Cambridge Trust Co, down from $14,857,000 to $11,343,000. This decline could reflect concerns about increased competition and rising regulatory pressures in the financial technology sector.

Conclusion

The Q4 2022 13F filing by Cambridge Trust Co reveals some interesting shifts in the company's holdings over the past quarter. While some stocks have seen impressive gains, others have taken a significant hit. These movements provide insight into the shifting investment strategies of large investment firms and may offer clues about potential market trends for the coming year.