CHURCHILL MANAGEMENT Corp Q4 2022 vs. Q1 2023 13F Holdings Comparison

In the world of investment management, 13F filings are one of the most critical regulatory requirements for investment firms. These filings provide a glimpse into the portfolio holdings of some of the largest investment firms globally. In this article, we will analyze the Q4 2022 vs. Q1 2023 13F Holdings Comparison of Churchill Management Corp, a well-known New York-based investment firm.

Churchill Management Corp's Q4 2022 holdings showed some exciting changes. The firm increased its shares in SELECT SECTOR SPDR TR TECHNOLO (XLK) from 3,576,880 to 4,136,453, marking a 40.3% change. In terms of value, the shares went up from $445,106 to $624,645. The firm's share in Vanguard Index FDS Value ETF (VTV) remained almost the same with a 1.3% change, and the value changed from $542,938 to $535,648.

In contrast, ISSHARES TR CORE S&P500 ETF (IVV) showed a significant increase in value. The firm increased its holdings from 887,933 shares to 893,632 shares, with a 7.7% change in the value of the stock. Churchill Management Corp's share in MSCI EAFE ETF (EFA) was nil in Q4 2022 but increased rapidly in Q1 2023, with the firm holding 2,635,535 shares worth $188,493.

One of the notable changes in Churchill Management Corp's portfolio was in SPDR S&P 500 ETF TR TR UNIT (SPY). The firm reduced its holdings from 771,644 to 389,767, indicating a decline of 45.9% in value. SELECT SECTOR SPDR TR FINANCIA (XLF) and SELECT SECTOR SPDR TR SBI CONS (XLP) were also down by 44.3% and 11.1%, respectively.

Churchill Management Corp's Q1 2023 filings showed that there were some substantial increases in the firm's holdings within the tech sector. For instance, the firm acquired 149,854 shares of ADVANCED MICRO DEVICES INC (AMD). The shares were worth $14,687, and this new investment could indicate that Churchill Management Corp is bullish on the company's future prospects.

Another notable change was the firm's investment in LAMB WESTON HLDGS INC COM (LW). In Q4 2022, Churchill Management Corp held around 19,087 shares worth $1,705. However, in Q1 2023, the firm acquired 115,333 shares worth $12,054. This acquisition marks an impressive 606.7% change.

Overall, Churchill Management Corp's Q4 2022 vs. Q1 2023 13F Holdings Comparison shows that the firm's investment strategy leans towards the technology sector currently. While the firm decreased its holdings in some sectors, there are several stocks that it continues to hold while acquiring more of some promising investments. It will be interesting to see how their portfolio develops in Q2 and Q3 of 2023.