Analyzing RMB Capital Management's Q3 vs. Q4 2022: A Look at the Biggest Changes in Holdings

In the world of investments, any sudden change in holdings can have a big impact on the market. RMB Capital Management, a Chicago-based firm focused on investment management, has recently released their latest 13F filings, which show their largest holdings as of Q3 and Q4 2022. These 13F filings give us an insight into what stocks the firm has been investing in and, consequently, what they believe may perform well in the future.

To help us understand what these filings mean for RMB Capital Management, let's take a closer look at the biggest changes in holdings between Q3 and Q4 2022.

Microsoft (MSFT)

Microsoft has been a popular stock for a long time, and RMB Capital Management holds a significant amount of its shares. In Q4 2022, the company's number of shares dropped by 9,850, and its overall value fell to $54,065 thousand, reflecting a 1.3% decrease in value from the previous quarter.

Two Harbors Investment Corp (Symbol)

Two Harbors is a real estate investment trust that invests in residential mortgage-backed securities. RMB Capital Management increased its Two Harbors shares from 250,000 in Q3 to 750,000 in Q4, indicating an increase in confidence in this stock. The value of Two Harbors' shares increased from $207,000 thousand to $63,988 thousand, indicating a significant jump in value from the previous quarter.

JPMorgan Chase (JPM)

The largest financial services company in the world saw an increase in shares from RMB Capital Management from 395,989 to 401,831, indicating a 30.2% increase in value from the previous quarter.

Visa (V)

RMB Capital Management decreased its investment in Visa, with the number of shares dropping from 253,016 to 242,779, a decrease in value by 12.2%.

Dollar General (DG)

DG is the largest discount retailer in the United States, and RMB Capital Management's shares remained largely the same, with only a slight decrease of 3,444 shares, representing only 2% of the value.

Apple (AAPL)

AAPL has been a favorite among investors for a long time, but RMB Capital Management reduced its shares from 363,231 to 318,014, indicating a drop in value by 17.7%.

Amazon (AMZN)

Amazon is another giant in the tech industry that saw a decrease in RMB Capital Management's shares, from 347,999 in Q3 to 328,618 in Q4, indicating a significant decrease in value by 29.8%.

Conclusion

RMB Capital Management made some significant changes to its holdings in Q4 2022 as compared to Q3. While some stocks saw a significant decrease in value in the last quarter, others experienced a significant increase, indicating that the investment firm is confident in their investment strategies. These changes reflect the constantly evolving market, and it will be interesting to see how RMB Capital Management continues to invest in the future.