The Evolution of CORDA Investment Management's Holdings from Q4 2022 to Q1 2023

In the ever-changing world of finance, investors are always on the lookout for new opportunities and strategies that will help them achieve their goals. One way investors keep track of the market is by reviewing 13F filings. CORDA Investment Management, LLC, a leading investment company, recently released its 13F filing for Q1 2023, which contained some significant changes from its Q4 2022 holdings. In this article, we will explore some of the changes in CORDA's holdings and what they could mean for the company's future.

Deere & Co: Down 6.2%

CORDA Investment Management owned 127,874 shares of Deere & Co in Q4 2022, which decreased to 124,562 shares in Q1 2023. The value of their holdings also dropped from $54,827,000 to $51,429,000, representing a 6.2% decrease. Deere & Co is a well-known manufacturer of agricultural, construction, and forestry machinery. The decline in CORDA's investment in Deere & Co could be attributed to the lower-than-expected earnings in the company's most recent quarter.

PepsiCo Inc: Down 0.4%

PepsiCo Inc is a global food and beverage company that offers a wide range of products, including soft drinks, juices, and snacks. CORDA Investment Management's holdings in PepsiCo decreased from 269,135 shares to 265,640 shares, which amounts to a 0.4% decline. The value of their stake also saw a slight decline from $48,622,000 to $48,426,000. This reduction in holdings aligns with the overall market trend, where PepsiCo's stock has not been performing well in recent times.

CME Group Inc: Up 19.4%

CME Group Inc operates a global marketplace that enables traders to invest and trade in various asset classes, including futures, options, and derivatives. In contrast to Deere & Co and PepsiCo, CORDA Investment Management increased its holdings in CME Group Inc. They owned 224,497 shares in Q4 2022, which increased to 235,369 shares in Q1 2023, representing a 19.4% increase. This rise could be attributed to CME Group's decision to offer micro Bitcoin futures as a new way for investors to trade the popular cryptocurrency.

Unilever PLC: Up 4.9%

Unilever PLC is a British multinational consumer goods company that offers a wide range of products, including food, beverages, cleaning, and personal care products. CORDA Investment Management increased its holdings in Unilever PLC by 4.9% from 834,389 shares to 848,367 shares. The value of their stake increased from $42,011,000 to $44,055,000. This rise could be attributed to Unilever's acquisition of Onnit, a leading wellness and supplement company in the US, which could signal growth potential in the future.

Welltower Inc: Up 7.7%

Welltower Inc is a real estate investment trust that invests in senior housing and healthcare properties. CORDA Investment Management increased its holdings in Welltower Inc by 7.7% from 593,747 shares to 584,777 shares. The value of their stake also increased from $38,920,000 to $41,922,000. This increase in holdings aligns with the growing demand for healthcare real estate in the wake of the pandemic.

Conclusion

These are just a few of the notable changes that CORDA Investment Management made in its holdings from Q4 2022 to Q1 2023. Although some stocks saw a decrease in holdings, others saw an increase that could signify growth potential in the future. It is essential to remember that investing in the stock market is subject to market risks and that past performance is not a guarantee of future returns. As always, investors should perform their due diligence and consult with a financial advisor before making any investment decisions.