Diversifying your portfolio: A look into Sterling Investment Management's Q3 vs. Q4 2022 Holdings Comparison

When it comes to investing, diversification can be the key to success, and that's exactly what Sterling Investment Management, LLC appears to have been doing in the Q3 vs. Q4 of 2022, based on their 13F holdings comparison. While some of their top holdings remain consistent, such as Vanguard Short-Term Treasury ETF, other changes to their portfolio show a willingness to explore new opportunities. In this article, we'll look into some of those changes, exploring which stocks have taken a larger piece of the pie and which ones are being sold off.

Starting with their top positions, it's no surprise that Berkshire Hathaway remains a cornerstone of Sterling Investment Management's portfolio, with both Class A and Class B shares taking leading positions. In fact, there have been minor increases in the number of Class B and a modest decrease in Class A. The second holding on the list, SPDR Gold Shares, showed a decrease of approximately 4.1%, but it still remains an important investment.

Moving further down the list of holdings, we see some notable shifts. One of the most significant is the decrease in investment in SPDR Bloomberg 1-3 Month T-Bill ETF, down by a whopping 70.1%. This move could signal a shift in priorities for Sterling Investment Management's portfolio, as they pull away from investments that offer lower returns. On the other hand, we see an increase of 12.5% to AbbVie Inc., one of the world's leading biopharmaceutical companies, suggesting a push toward growth opportunities in the healthcare industry.

Another notable shift in holdings is the sell-off of shares in Alphabet Inc. Class C. Previously holding approximately 44,880 shares, the number has decreased by about 5.8%, signaling that Sterling Investment Management may be moving away from technology investments at this time. Meanwhile, they’ve increased their holdings in Canadian Pacific Railway and Waste Management, pointing in the direction of green and sustainable technologies being popular areas of focus for the company.

Overall, Sterling Investment Management appears to have made strategic and diversified moves in their Q3 vs. Q4 2022 holdings. While there have been some decreases in some areas, such as technology, that could be considered concerning when looking at the wider market, these declines have been balanced out by investments in other sectors such as waste management, railroads, and biopharmaceuticals. Keep an eye on Sterling Investment Management as they continue to tweak their portfolio and look towards remaining resilient amidst the changing market dynamics.