MAI Capital Management Q3 vs. Q4 2022: Analysis of 13F Holdings Comparison CSV

In the world of investing, keeping track of changes in holdings of various funds is crucial for making informed decisions. One such fund is the MAI Capital Management fund, which recently released their Q3 2022 vs. Q4 2022 13F Holdings Comparison. In this post, we will summarize the changes in holdings of this fund by analyzing the provided CSV.

The CSV contains various fields such as the Sym, Issuer Name, Option Type, Q3 2022 (SHARES), Q4 2022 (SHARES), Q3 2022 VALUE ($000), Q4 2022 VALUE ($000), and Chg %. For the purpose of this post, we will focus on the Issuer Name and its corresponding Q3 and Q4 values.

The top two holdings of the MAI Capital Management fund are the iShares S&P 500 Index (IVV) and the SPDR S&P 500 ETF TRUST (SPY). Both of these holdings showed an increase in shares and value from Q3 to Q4. IVV increased from 1,112,434 shares in Q3 to 1,212,252 shares in Q4, with a value increase from $398,974,000 to $465,759,000. SPY increased from 555,522 shares in Q3 to 556,764 shares in Q4, with a value increase from $198,421,000 to $212,923,000. These increases show that the fund has confidence in these companies and their performance in the near future.

Apple Inc (AAPL) and Microsoft Corp (MSFT) are two notable holdings that showed a decrease in both shares and value from Q3 to Q4. AAPL decreased from 1,575,821 shares in Q3 to 1,572,367 shares in Q4, with a value decrease from $217,778,000 to $204,297,000. MSFT decreased from 878,375 shares in Q3 to 811,761 shares in Q4, with a value decrease from $204,573,000 to $194,676,000. These decreases may indicate that the fund is less confident in these companies or that they believe there are better investment opportunities elsewhere.

The iShares S&P Mid Cap Index (IJH) and SPDR S&P Mid Cap 400 ETF (MDY) also experienced increases in shares and value from Q3 to Q4. IJH increased from 425,317 shares in Q3 to 487,404 shares in Q4, with a value increase from $93,255,000 to $117,898,000. MDY increased from 210,829 shares in Q3 to 206,169 shares in Q4, with a value increase from $84,682,000 to $91,289,000. These increases show that the fund sees potential in mid-cap companies and their ability to perform well in the market.

The iShares S&P Barra Value Index (IVE) and iShares S&P Small Cap Index (IJR) also experienced significant increases in both shares and value from Q3 to Q4. IVE increased from 535,138 shares in Q3 to 623,929 shares in Q4, with a value increase from $68,776,000 to $90,513,000. IJR increased from 846,065 shares in Q3 to 913,883 shares in Q4, with a value increase from $73,768,000 to $86,489,000. These increases indicate that the fund is bullish on companies with value and small-cap companies, respectively.

Amazon Com Inc (AMZN) and Alphabet Inc Class C (GOOG) are two notable holdings that experienced a decrease in shares and value from Q3 to Q4. AMZN decreased from 861,253 shares in Q3 to 825,336 shares in Q4, with a value decrease from $97,322,000 to $69,328,000. GOOG decreased from 746,350 shares in Q3 to 640,010 shares in Q4, with a value decrease from $71,762,000 to $62,208,000. These decreases may indicate that the fund is less confident in these tech giants, or that they believe there are better investment opportunities elsewhere.

In conclusion, the MAI Capital Management Q3 2022 vs. Q4 2022 13F Holdings Comparison shows a mix of increases and decreases in holdings from Q3 to Q4. While some holdings saw significant increases, others saw significant decreases. It is important to note that these changes in holdings do not necessarily signify the performance of these companies, but rather the fund's confidence in them. As always, investors should conduct their own research and analysis before making any investment decisions.