Analyzing Nuance Investments' Q3 2022 vs. Q4 2022 13F Holdings: Changes, Trends, and Insights

Nuance Investments, LLC has witnessed significant shifts in its holdings in the third and fourth quarters of 2022. Through a close analysis of the report submitted by the firm to the Securities and Exchange Commission, this article presents you with crucial changes, trends, and insights to help you understand the current state of Nuance Investments.

Dentsply Sirona Inc. and Kimberly-Clark Corp. were among the assets that Nuance Investments maintained or increased its shares. The former saw a 13.1 percent increase in shares, whereas the latter increased by 18.2 percent. Another asset that the firm experienced a surge in holdings is Universal Health Services, Inc., which increased by 36.4 percent.

On the other hand, Northern Trust Corp. experienced a significant increase of 16.9 percent, climbing to 3,050,223 in Q4 2022 from 2,698,845 in Q3 2022. Baxter Intl Inc. saw a decrease in holdings by 13.8 percent, Graco Inc. decreased by 28.2 percent, and Equinox Commonwealth decreased by 43 percent.

Nuance Investments has also ventured into new investments, such as acquiring 2,563,171 shares in Aerojet Rocketdyne Holdings Inc., marking an impressive 181.6 percent change in shares. Similarly, Healthpeak Properties Inc. soared by 87 percent with the acquisition of 2,093,936 shares. Another new acquisition by the firm was Mission Produce Inc., with an increase of 19.6 percent to 2,990,512 shares.

The report also outlined asset allocation by sector, with the largest allocation being in the health sector at 24.83 percent of the total portfolio. Consumer discretionary and financial sectors were the second and third-largest classes, and real estate investment trust and technology sectors closer to the bottom end of the holdings allocation.

In conclusion, Nuance Investments, LLC has made a significant shift in its holdings in Q3 and Q4 2022. The firm maintains significant holdings in the health sector and has started to invest in new and upcoming businesses. These strategies show the company's focus on creating a well-diversified portfolio while maintaining its relative stability.