Comparing Birinyi Associates Inc.'s Q3 & Q4 2022 Holdings: Analysis & Changes to Keep an Eye On

As the year comes to an end, many investors are interested in analyzing the holdings of popular funds and portfolios. Birinyi Associates Inc. recently released its Q3 and Q4 2022 13F Holdings Comparison, showcasing the changes made to its holdings over the quarters. Here, we'll dive into the details of the analysis and what changes investors may want to keep an eye on.

Before we start, let's quickly recap what 13F filings are. They are mandatory disclosures that all institutional investors with over $100 million AUM must make with the SEC. These filings must be submitted within 45 days of the end of each quarter and list all the fund's long positions in publicly traded securities. The filings provide transparency to the public on the fund's holdings and can influence investors' decisions.

Birinyi Associates' Q3 and Q4 2022 holdings showcased several significant changes. The first notable change was the fund's position in Apple Inc. (AAPL). Birinyi Associates sold 9,554 shares, resulting in an 8.2% decline in the company's value. On the other hand, the fund increased its position in Mastercard Inc. (MA) by 18%. It bought 1,891 additional shares in the company, resulting in a 3,768% increase in the shares' value. The fund also increased its position in Chevron Corp (CVX) by 18.7% buying 596 additional shares in the company.

The fund decreased its position in Amazon.com Inc (AMZN) by 27.6% selling 4,500 shares. This change resulted in a 28.3% decline in the value of the shares. Birinyi Associates also reduced its holdings in Alphabet Inc- CL A (GOOGL) by 11%, selling 6,550 shares. The value of these shares declined by 10.9% as a result of the sale.

The fund exercised caution in its position in Tesla Inc. (TSLA), selling 1,350 shares, resulting in a 64.1% decline in value. It also sold its entire position in Generac Holdings Inc. (GNRC), Palo Alto Networks Inc. (PANW), Eli Lilly & Co. (LLY), and Trade Desk Inc. (TTD). The fund also reduced its position in Blackstone Group LP (BX) by 43.7%, selling 9,000 shares. This sale resulted in a 77.8% decline in the value of the shares.

Birinyi Associates' Q3 and Q4 2022 holdings comparison suggested that the fund exercised caution in its investments. It sold positions in companies that experienced difficulties, such as Generac Holdings Inc. and Tesla Inc. while increasing its positions in companies like Mastercard Inc and Chevron Corp that are positioned to perform well in the long term. The fund's decision to sell its position in Eli Lilly & Co and Trade Desk Inc may suggest a shift in focus towards other investments.

Overall, this analysis provides investors with a glimpse into Birinyi Associates' holdings and its investment strategy. Based on the changes made to the fund's holdings, investors may want to consider diversifying their portfolio according to the holdings made by Birinyi Associates. However, the decision to invest should be based on the investors' research and analysis.