The Changing Tides of Investment: A Comparison of Levin Capital Strategies, L.P.'s Q4 2022 vs. Q1 2023 Holdings

Investing can be a tricky game that requires a lot of skill and a fair bit of luck. A good investor knows that keeping an eye on shifts in the market is key to making good investment decisions. One way of doing this is by looking at the quarterly filings of large investment management firms, such as Levin Capital Strategies, L.P. Levin Capital Strategies, L.P. recently filed its Form 13F for Q4 2022 and Q1 2023, and the changes in their holdings during this time period are quite interesting.

One of the holdings that caught our eye was Crown Holdings Inc. (CCK), a company that produces packaging products. Levin Capital Strategies, L.P. held 4,500 shares of CCK in Q4 2022, but that number skyrocketed to 424,474 shares in Q1 2023. The value of these shares also increased from $369,000 to $35,108,000, an astonishing 9,390.1% change. This suggests that Levin Capital Strategies, L.P. has high hopes for CCK's future.

Johnson & Johnson (JNJ) is another company that experienced a decrease in holdings. Levin Capital Strategies, L.P. held 224,673 shares of JNJ in Q4 2022, but that number decreased to 223,213 shares in Q1 2023. Additionally, the value of those shares dropped from $39,688,000 to $34,598,000, a 12.8% decrease. This could indicate that Levin Capital Strategies, L.P. is losing faith in JNJ's future prospects.

One company that experienced a significant increase in holdings between Q4 2022 and Q1 2023 is Deere & Co. (DE). Levin Capital Strategies, L.P. held 50,813 shares of DE in Q4 2022, but that number jumped to 65,367 shares in Q1 2023. The value of these shares also increased from $21,786,000 to $26,988,000, a 23.9% change. This suggests that Levin Capital Strategies, L.P. sees a lot of growth potential in Deere & Co.

Another company that Levin Capital Strategies, L.P. increased its holdings in is Apple Inc. (AAPL). Levin Capital Strategies, L.P. held 175,210 shares of AAPL in Q4 2022, but that number went up to 174,919 shares in Q1 2023. The value of those shares also increased from $22,765,000 to $28,844,000, a 26.7% increase. This could indicate that Levin Capital Strategies, L.P. believes in AAPL's ability to continue generating profits.

Interestingly, Levin Capital Strategies, L.P. held 0 shares of Laboratory Corp Amer Hldgs (LH) in Q4 2022, but that number jumped to 85,057 shares in Q1 2023. The value of those shares came out to $19,513,000, suggesting that Levin Capital Strategies, L.P. has faith in LH's future.

In conclusion, the changes in Levin Capital Strategies, L.P.'s holdings between Q4 2022 and Q1 2023 reveal the company's faith in the future prospects of some companies, while indicating skepticism towards others. As with any investment, these holdings are subject to change in the future, but for now, they give us valuable insights into a professional investment management firm's views on the market.