Bowen Hanes & Co Inc Reveals Q3 2022 vs. Q4 2022 13F Holdings Comparison: Changes, Additions, and Reductions Made in Investment Portfolio

Bowen Hanes & Co Inc Q3 2022 vs. Q4 2022 13F Holdings Comparison

Bowen Hanes & Co Inc recently released their Q3 2022 vs. Q4 2022 13F Holdings Comparison report, which shows how the holdings of the company have changed over the last three months. The report includes data on 50 stocks that have been bought or sold.

The largest holdings in the portfolio are DE (Deere & Co), SCHW (Charles Schwab), and TDY (Teledyne Technologies). These stocks were held at 180,474, 911,610, and 183,878 shares respectively during Q3 2022. During Q4 2022, their shares decreased slightly to 177,752, 913,074, and 186,298 respectively.

Deere & Co is an American corporation that specializes in the manufacturing of agricultural machinery, whereas Charles Schwab provides a wide range of financial services. On the other hand, Teledyne Technologies specializes in defense electronics, digital imaging, and instrumentation.

Apart from these stocks, there were numerous other changes made in the quarter. Some of the most significant changes were observed in the holdings of Home Depot (HD), Johnson & Johnson (JNJ), and Alphabet Inc Class C (GOOG).

Home Depot is an American retailer specializing in home improvement services and products. During Q3 2022, Bowen Hanes & Co Inc held 209,955 shares in the company with a total value of $57,935,000. However, during Q4 2022, the company increased its shares in Home Depot to 212,020, with a total value of $66,968,000.

Johnson & Johnson is a multinational corporation that specializes in the development and manufacture of healthcare products, among other sectors. During Q3 2022, Bowen Hanes & Co Inc held 296,013 shares in the company with a total value of $48,357,000. However, during Q4 2022, the company increased its shares in Johnson & Johnson to 299,567, with a total value of $52,918,000.

Alphabet Inc Class C is a tech giant and the parent company of Google. During Q3 2022, Bowen Hanes & Co Inc held 476,589 shares in the company with a total value of $45,824,000. However, during Q4 2022, the company decreased its shares in Alphabet Inc Class C to 409,679, with a total value of $36,350,000.

It is important to note that Bowen Hanes & Co Inc made significant purchases in some companies that were not previously held in the portfolio. One such example is the purchase of 107,190 shares of Netflix Inc (NFLX) during Q4 2022.

Bowen Hanes & Co Inc also sold a few stocks during the quarter. The most significant sales were made in JPMorgan Chase (JPM), Walt Disney (DIS), and Nestle SA ADR (NSRGY).

JPMorgan Chase is an American multinational investment bank and financial services company. During Q3 2022, Bowen Hanes & Co Inc held 246,320 shares in the company with a total value of $25,740,000. However, during Q4 2022, the company decreased its shares in JPMorgan Chase to 40,764, with a total value of $5,466,000.

Walt Disney is a multinational entertainment and media corporation. During Q3 2022, Bowen Hanes & Co Inc held 402,310 shares in the company with a total value of $37,950,000. However, during Q4 2022, the company reduced its shares in Disney to 78,565, with a total value of $6,825,000.

Nestle SA ADR is a Swiss multinational food and drink processing conglomerate. During Q3 2022, Bowen Hanes & Co Inc held 68,589 shares in the company with a total value of $7,381,000. However, during Q4 2022, the company reduced its shares in Nestle SA ADR to 39,194, with a total value of $4,520,000.

In conclusion, Bowen Hanes & Co Inc made several changes to its holdings during Q3 2022 vs. Q4 2022. The company made some significant purchases, while also selling some of its existing holdings. These changes indicate the company's efforts to diversify its investment portfolio and reposition itself for future gains.