Davenport & Co LLC Q3 vs. Q4 2022: Notable Changes in 13F Holdings and Insights for Investors

Davenport & Co LLC Q3 2022 vs. Q4 2022 13F Holdings Comparison

Davenport & Co LLC recently released their Q3 2022 vs. Q4 2022 13F Holdings Comparison, which provides an overview of changes in the holdings of the fund over the course of the quarter. This report provides valuable insights into market trends, investor sentiment, and potential investment opportunities.

The report shows that the fund decreased its holdings in some major companies, such as Amazon Inc and Meta Platforms Inc. However, it also increased its holdings in other large companies like Johnson & Johnson, Microsoft Corp, and JPMorgan Chase & Co. It is worth noting that not all changes in holdings were evenly distributed, as some experienced larger percentage changes than others.

One of the most prominent companies to receive a substantial percentage increase in holdings was Berkshire Hathaway Inc Del, with a 15.4% increase in shares held. This is not entirely surprising, given the conglomerate's strong track record of performance and the consistent growth it has demonstrated in the past.

Another notable company that saw a significant increase in holdings was Johnson & Johnson, with a growth rate of 8%. With a history dating back to 1886, Johnson & Johnson is one of the world's most prominent healthcare and pharmaceutical companies. It has consistently demonstrated resilience in the face of challenging economic environments and should continue to provide positive returns for investors.

On the other hand, the report revealed some notable decreases in holdings, including Amazon Inc with a staggering 34.1% decrease in shares held. This is perhaps due to regulatory concerns and the increased scrutiny on big tech companies.

Meta Platforms Inc also saw a substantial decrease in holdings at -14.6%. This could be attributed to the recent whistleblower scandal that has brought negative attention to the company or to broader concerns about the viability of social media platforms in the long term.

Other companies that experienced decreases in holdings include Coterra Energy Inc at -12.1% and TJX Cos Inc New at -8.8%. These companies may be struggling with specific market pressures or have experienced negative investor sentiment in the short term.

Overall, the report provides a broad overview of the fund's holdings and some of the trends that are currently impacting the market. It is worth noting that changes in holdings can be influenced by a wide range of factors, including company performance, regulatory changes, and global macroeconomic trends.

Investors can use this information to inform their investment decisions and develop a more comprehensive understanding of the current market environment. It is important to conduct thorough research and analysis before making any investment decisions to ensure that they are based on sound logic and reliable data.