A Look at Palo Capital, Inc.'s Q3 vs. Q4 2018 Investment Changes

In the fast-paced world of finance, keeping track of investment changes in the stock market is crucial for making informed decisions. This is especially true for firms like Palo Capital, Inc., which consistently adjust their investment portfolios to stay ahead of the game. In this blog post, we'll take a look at Palo Capital, Inc.'s Q3 vs. Q4 2018 investment changes, analyzing the changes in holdings of their 13F assets.

First, let's briefly explain what a 13F is. The Securities and Exchange Commission (SEC) mandates that firms with assets under management above $100 million must file a 13F report, detailing their investment positions. These reports are made available to the public, offering insights into the investments of major firms like Palo Capital, Inc.

During Q3 2018, Palo Capital, Inc.'s top four holdings were United Parcel Service Inc. (UPS), General Motors Co. (GM), Booz Allen Hamilton Holding Corp. (BAH), and Johnson & Johnson (JNJ). However, in Q4 2018, Palo Capital, Inc. made a significant change in their portfolio, shuffling their top holdings around. The following were their top four holdings in Q4 2018: UPS, The Select Sector SPDR Trust (XLV), BAH, and Verizon Communications, Inc. (VZ).

Palo Capital, Inc.'s decision to keep UPS as their top holding is unsurprising, given that they increased their number of shares during the period. In Q3 2018, the firm held 32,344 shares of UPS, while in Q4 2018, this number increased to 50,019 shares. This significant increase in investment reflects the positive growth projections for UPS and its ability to remain a top performer in the logistics sector.

It's worth noting that Palo Capital, Inc. also made a substantial decrease in their investment in The SSGA Active ETF Trust (TOTL). During Q3 2018, Palo Capital, Inc. held 129,840 shares of TOTL, worth $6,135,000. However, in the following quarter, the firm decreased their investment in TOTL to 112,400 shares, worth $5,324,000, resulting in a decline in value of -13.2%. This move reflects a belief that TOTL's growth potential may not be as significant as other investment options.

Additionally, Palo Capital, Inc. decreased their investment in a few other holdings, with Centene Corp. Del (CNC) experiencing the most significant change. During Q3 2018, Palo Capital, Inc. held 35,048 shares of CNC, valued at $5,074,000. However, during Q4 2018, the firm decreased their investment to 34,722 shares, worth $4,003,000. This decrease reflects a bearish sentiment in CNC's future growth prospects.

Finally, let's discuss Palo Capital, Inc.'s investment in Verizon Communications, Inc. (VZ). Despite only having a 0.83% change in their number of shares, Palo Capital, Inc. added VZ to their top holdings list, replacing JNJ from Q3 2018. This move reflects a bullish outlook on VZ's future prospects, given its stable performance and reputation as a leading player in the telecommunications industry.

In conclusion, Palo Capital, Inc.'s Q3 vs. Q4 2018 investment portfolio changes indicate that the firm is constantly re-evaluating and adjusting their holdings to optimize growth and minimize risk. By analyzing their investment decisions, investors and traders can gain valuable insights into market trends and adjust their portfolios accordingly.