Coho Partners, Ltd. Q3 2023 vs. Q4 2023 13F Holdings Comparison

Introduction:

In this article, we will analyze and compare the holdings of Coho Partners, Ltd. for the third and fourth quarters of 2023. The data presents valuable insights into the changes in their investment portfolio during this period.

Coho Partners, Ltd. is a renowned investment firm with a diverse portfolio of stocks and securities. By examining their 13F filings, we can gain a better understanding of their investment strategies and the modifications they made to their holdings.

Holdings Comparison:

1. ROSS STORES INC. (Ticker: ROST)

- Q3 2023: 2,088,832 shares ($235,933,000)

- Q4 2023: 1,731,093 shares ($239,565,000)

- Change: -1.5%

Coho Partners, Ltd. reduced their holdings in ROSS STORES INC. by 1.5% during the fourth quarter of 2023. This slight decrease suggests a potential reallocation of funds to other investments.

2. MICROCHIP TECH INC. (Ticker: MCHP)

- Q3 2023: 2,628,451 shares ($205,150,000)

- Q4 2023: 2,410,022 shares ($217,335,000)

- Change: +5.9%

On the other hand, Coho Partners, Ltd. increased their holdings in MICROCHIP TECH INC. by 5.9% in the fourth quarter of 2023. This upward adjustment indicates confidence in the company's prospects.

3. LOWE'S COMPANIES INC. (Ticker: LOW)

- Q3 2023: 1,152,161 shares ($239,465,000)

- Q4 2023: 958,176 shares ($213,242,000)

- Change: -11%

During the fourth quarter, Coho Partners, Ltd. reduced their holdings in LOWE'S COMPANIES INC. by 11%. This move may reflect a reassessment of the company's performance or a shift in investment strategies by Coho Partners, Ltd.

4. CENCORA INC. (Ticker: ABC)

- Q3 2023: 1,313,544 shares ($236,398,000)

- Q4 2023: 943,253 shares ($193,725,000)

- Change: -18.1%

Coho Partners, Ltd. significantly decreased their holdings in CENCORA INC. by 18.1% during the fourth quarter of 2023. This reduction suggests a change in their outlook on the company's future potential or a need for capital allocation elsewhere.

5. UNITEDHEALTH GROUP INC. (Ticker: UNH)

- Q3 2023: 429,985 shares ($216,794,000)

- Q4 2023: 355,957 shares ($187,400,000)

- Change: -13.6%

In the fourth quarter of 2023, Coho Partners, Ltd. reduced their holdings in UNITEDHEALTH GROUP INC. by 13.6%. This adjustment could be a response to changing market conditions or a strategic decision based on new information.

Conclusion:

The analysis of Coho Partners, Ltd.'s 13F filings for the third and fourth quarters of 2023 provides valuable insights into their investment decisions. While they reduced their holdings in some companies such as ROSS STORES INC. and LOWE'S COMPANIES INC., they increased their investments in others like MICROCHIP TECH INC.

These changes reflect the ever-evolving nature of the investment landscape and highlight the importance of adapting investment strategies accordingly. Investors can utilize these 13F filings as a reference point for their own decision-making processes and gain insights into market trends.

It's essential to note that these holdings may have changed further since the last reported period. To stay up-to-date, it is advisable to review subsequent 13F filings and consult with a financial advisor before making any investment decisions.

Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice.