Analyzing Quest Investment Management LLC's Q3 and Q4 2022 13F Filings to Understand Portfolio Changes

The world of investing can be overwhelming for those who are new to it, as well as those who have been in the game for a long time. One way to make investing easier is by analyzing trends in 13F filings, which are required by the Securities and Exchange Commission (SEC) for companies that manage a portfolio of over $100 million in securities. A 13F filing is public information, and it shows the holdings of a company's portfolio at the end of a quarter. In this blog post, we will analyze the Q3 2022 and Q4 2022 13F holdings of Quest Investment Management LLC to better understand the changes that have occurred in the company's portfolio.

Quest Investment Management LLC is a registered investment adviser that specializes in managing investment portfolios for its clients. The company manages more than $2 billion in assets and invests in a variety of sectors, including technology, healthcare, and finance. Quest Investment Management LLC's Q3 2022 13F filing showed that the company had investments in 57 different securities, with a total value of $544.2 million. In the Q4 2022 13F filing, the company increased its holdings to 59 securities, with a total value of $491.6 million.

One of the biggest changes in Quest Investment Management LLC's portfolio between Q3 2022 and Q4 2022 was its investment in Apple Inc (AAPL). In Q3 2022, the company had 369,594 shares of the technology giant, with a total value of $51.1 million. However, by Q4 2022, Quest Investment Management LLC had increased its holdings to 376,226 shares, but the total value of these shares had decreased to $48.88 million. This represents a 4.3% decrease in the value of the company's investment in Apple Inc between the two periods.

Another significant shift in Quest Investment Management LLC's portfolio was its investment in Amazon.com Inc (AMZN). In Q3 2022, the company had 263,293 shares of the e-commerce giant, with a total value of $29.75 million. However, by Q4 2022, the company had reduced its holdings to 203,448 shares, and the total value of these shares had dropped to $17.09 million. This represents a massive 42.6% decrease in the value of Quest Investment Management LLC's investment in Amazon.com Inc between the two periods.

Despite the decrease in the value of Amazon.com Inc shares, Quest Investment Management LLC's portfolio saw an overall increase in value of 3.3% between Q3 2022 and Q4 2022. This was due to increases in the value of holdings in other companies, such as Union Pacific Corp (UNP) and Analog Devices Inc (ADI). The company increased its investment in Union Pacific Corp from 76,621 shares with a value of $14.93 million in Q3 2022 to 80,241 shares with a value of $16.62 million in Q4 2022, representing an 11.3% increase in value. Similarly, Quest Investment Management LLC increased its investment in Analog Devices Inc from 81,284 shares with a value of $11.33 million in Q3 2022 to 85,302 shares with a value of $13.99 million in Q4 2022, representing a 23.5% increase in value.

In addition to these holdings, the company also made a number of new investments in Q4 2022, including increasing its holdings in Tractor Supply Co (TSCO) from 15,482 shares with a value of $2.88 million in Q3 2022 to 58,298 shares with a value of $13.12 million in Q4 2022, representing a massive 355.7% increase in value. Quest Investment Management LLC also made new investments in Amphenol Corp (APH) and Hubspot Inc (HUBS), with holdings of 53,072 shares and 15,080 shares, respectively.

In summary, Quest Investment Management LLC's Q3 2022 and Q4 2022 13F filings show a number of significant changes in the company's portfolio. While the value of some holdings, such as Amazon.com Inc, decreased between the two periods, other holdings, such as Union Pacific Corp and Analog Devices Inc, increased in value. Furthermore, the company made new investments in Tractor Supply Co, Amphenol Corp, and Hubspot Inc. It will be interesting to see how these changes in the company's portfolio will affect Quest Investment Management LLC's performance going forward.