Analyzing Tocqueville Asset Management's Q3 vs. Q4 2022 Holdings Changes

Tocqueville Asset Management is a privately owned investment firm specializing in portfolio management for high net worth individuals, institutions, and mutual funds. In this blog post, we will analyze the changes in their 13F holdings from Q3 2022 to Q4 2022.

Let's start by looking at the top holdings of Tocqueville Asset Management in Q3 2022:

- Home Depot Inc (HD)

- Microsoft Corp (MSFT)

- Apple Inc (AAPL)

- Merck & Co Inc (MRK)

- Schwab Charles Corp (SCHW)

Now, let's take a look at what has changed in their top holdings as of Q4 2022:

- Home Depot Inc (HD)

- Microsoft Corp (MSFT)

- Apple Inc (AAPL)

- Charles Schwab Corp (SCHW)

- Deere & Co (DE)

We can see that Tocqueville Asset Management's top 5 holdings remained largely the same between Q3 and Q4. However, there were some significant changes in terms of individual stock holdings.

One of the largest changes was Tocqueville's position in Amazon.com Inc (AMZN). In Q3 2022, they held 1035137 shares of Amazon with a value of $116,970,000. However, as of Q4 2022, they sold a large portion of their holding and now only hold 892,466 shares with a value of $74,967,000. This represents a significant decrease in both shares held and value.

Another notable change was the addition of Deere & Co (DE) to Tocqueville's top 5 holdings. In Q3 2022, Deere & Co was not among Tocqueville's top 5 holdings. However, as of Q4 2022, they now hold 186,354 shares with a value of $79,901,000. This represents a significant increase in both shares held and value.

Overall, we can see that Tocqueville Asset Management made some significant changes to their holdings between Q3 and Q4 2022. While their top 5 holdings remained largely the same, there were notable changes in individual stock holdings. It will be interesting to see if these trends continue in future quarters.