Brookmont Capital Management Q4 2022 vs. Q1 2023 13F Holdings Comparison

If you're an investor or have an eye on the stock market, the Brookmont Capital Management 13F Holdings comparison is indeed worth a look. Brookmont Capital Management filed their latest 13F Holdings with the Securities and Exchange Commission (SEC) recently, offering investors insight into the changes they made within their portfolio during the Q4 2022 vs. Q1 2023 period.

Brookmont Capital Management, located in Bethesda, Maryland, is an independent financial advisory firm, registered with the SEC. Founded in 2000 by Jeffrey Beck and Nicholas Tymoczko, Brookmont Capital Management has over $1 billion assets under management. Brookmont invests primarily in stocks and exchange-traded funds (ETFs).

Now let's take a closer look at the changes Brookmont Capital Management made in its holdings and assess their recent performance in the market.

Home Depot Inc (NYSE: HD)

The good news is Brookmont Capital Management's holding in Home Depot has not decreased, with minor changes in the number of shares. Home Depot is the largest home improvement retailer in the United States. Their stock performance was less than optimal, dropping over 6% in value between Q4 and Q1.

McDonald's Corp (NYSE: MCD)

Brookmont Capital Management's position in McDonald's remained unchanged. McDonald's business model withstood the pandemic's effects in 2022 and continues to perform well.

Microsoft Corp (NASDAQ: MSFT)

Brookmont Capital Management appeared bullish about the tech behemoth, with a 20.5% increase in the number of Microsoft shares held. Microsoft has been a solid performer in recent years, and it seems Brookmont Capital Management is betting on Microsoft's continued growth.

Novo-Nordisk A/S (NYSE: NVO)

Brookmont Capital Management's holding in Novo-Nordisk decreased by over 10%. This might be due to the Danish multinational pharmaceutical company's lackluster performance during the filing period.

Gallagher Arthur J & Co (NYSE: AJG)

The property and casualty insurer was one of the few Brookmont Capital Management holdings that increased in value, albeit slightly.

United Parcel Service Inc (NYSE: UPS)

Despite a recent scandal about union-busting in their management, Brookmont Capital Management increased its position in UPS shares. UPS shares increased in value by almost 12%.

Abbott Labs (NYSE: ABT)

Abbott Labs' Q1 performance was less than impressive, where they reported below expectations. Brookmont Capital Management reduced their holdings in Abbott Labs by over 7% as a result.

Procter and Gamble (NYSE: PG)

Brookmont Capital Management only reduced their holding in Procter and Gamble by less than 2%, which has been steadily increasing in the past year.

Comcast Corp New (NASDAQ: CMCSA)

The holding in Comcast Corp New increased dramatically in Q1, as the company grows in operational efficiency, shifting its focus to streaming services in the face of increasing competition from other players.

Conclusion

Brookmont Capital Management's latest 13F Holdings offer a snapshot of their recent investment decisions. While some moves seem bullish, some holdings have also been reduced, which appears to be a cautious approach towards the market. It is essential to remember that this is merely one perspective in the larger market, and no particular strategy guarantees profits. However, investors could use this information to better understand Brookmont Capital Management's strategy and make informed decisions of their own.