Comparing Murphy, Middleton, Hinkle & Parker, Inc.'s Q4 2022 and Q1 2023 13F Holdings

Murphy, Middleton, Hinkle & Parker, Inc. is a well-known investment advisory firm that deals with securities and commodities. This firm is required to file a Form 13F every quarter with the Securities and Exchange Commission (SEC). 13F is a report that provides information on the holdings of institutional investment managers that have assets under management (AUM) of $100 million or more. The latest 13F report of Murphy, Middleton, Hinkle & Parker, Inc. shows some notable changes in the company's Q4 2022 and Q1 2023 holdings. In this article, we will analyze these changes in detail.

In Q4 2022, the total value of Murphy, Middleton, Hinkle & Parker, Inc.'s holdings was $83,539,000. This value decreased slightly in Q1 2023, with the total value of holdings being recorded as $83,117,000. This indicates a decrease of 0.5% in total holdings.

One of the most significant changes in holdings was in iShares TR (EFA), a well-known ETF that tracks the performance of companies in developed markets, excluding the US and Canada. In Q4 2022, the firm held 83,367 shares of EFA, with a total value of $5,472,000. However, in Q1 2023, the number of shares held decreased to 81,954, with a total value of $5,861,000, indicating a 7.1% decrease in holdings.

Another notable change was in the holdings of Home Depot Inc (HD), an American home improvement retailer. In Q4 2022, the firm held 16,277 shares of HD, with a total value of $5,141,000. However, in Q1 2023, the number of shares held decreased to 16,190, with a total value of $4,777,000, indicating a 7.1% decrease in holdings.

Apart from the two aforementioned holdings, the firm also showed a decrease in holdings of Procter & Gamble Co (PG), Johnson & Johnson (JNJ), Microsoft Corp (MSFT), Caterpillar Inc (CAT), and Pfizer Inc (PFE). The decrease in holdings ranged from -4.5% to -20.4%.

However, the firm also showed an increase in holdings of Apple Inc (AAPL), Spdr S&P 500 ETF Tr (SPY), Vanguard Intl Equity Index F (VWO), and Disney Walt Co (DIS). The increase in holdings ranged from 4% to 26.9%.

Overall, holding changes in Murphy, Middleton, Hinkle & Parker, Inc.'s Q4 2022 and Q1 2023 13F filings indicate a mixed investment strategy. While there has been a slight decrease in the firm's total holdings, the company has shown a significant increase in some of its holdings. The firm has divested some of its positions, indicating a more cautious approach towards risk management. It will be interesting to see the firms' next 13F filing for further analysis.