Buckley Wealth Management's Latest Holdings: Q4 2022 vs. Q1 2023

Investing in the stock market is not an easy task, and it requires plenty of research, analysis, and patience. As we move into 2023, Buckley Wealth Management, LLC has released its latest 13F Holdings Comparison report, comparing their holdings from the fourth quarter of 2022 to the first quarter of 2023. Let's dive deeper into their portfolio changes to gain insight into their investment philosophy.

The Methodology

Before we dive into the changes in holdings, let's first explain the methodology behind 13F filings. The Securities and Exchange Commission (SEC) mandates that all institutional investment managers file a quarterly report with details of their equity holdings using Form 13F. This report is made public and provides insights into the holdings of institutional investors.

Buckley Wealth Management, LLC

Buckley Wealth Management, LLC is a registered investment advisory firm located in Wisconsin that manages more than $500 million in assets. Their investment philosophy revolves around long-term, value-based, stock-picking strategies. They seek companies with strong fundamentals, great management teams, and established competitive moats that can maintain a competitive edge over the long run.

Changes in Holdings

Now, let's take a look at the changes in holdings between Q4 2022 and Q1 2023 for Buckley Wealth Management's top holdings.

Apple Inc (AAPL)

Apple Inc was Buckley Wealth Management's top holding in Q4 2022 with 207,300 shares valued at $26,934,000. However, in Q1 2023, they reduced their holdings by 10.5%, now holding 185,564 shares valued at $30,599,000.

Microsoft Corp (MSFT)

Microsoft Corp was the firm's second-largest holding in Q4 2022 with 78,271 shares valued at $18,771,000. In Q1 2023, they reduced their holdings by 2.4%, now holding 76,388 shares valued at $22,022,000.

Chevron Corp New (CVX)

Buckley Wealth Management held 114,489 shares of Chevron Corp New in Q4 2022, with a total value of $20,549,000. However, in Q1 2023, they reduced their holdings by 0.8%, now holding 113,580 shares valued at $18,531,000.

Alphabet Inc (GOOGL)

Alphabet Inc was the fourth-largest holding of Buckley Wealth Management in Q4 2022 with 94,731 shares valued at $8,358,000. However, in Q1 2023, they reduced their holdings by 4.0%, now holding 90,907 shares valued at $9,429,000.

Cisco Sys Inc (CSCO)

Cisco Sys Inc was the fifth-largest holding of Buckley Wealth Management in Q4 2022 with 181,185 shares valued at $8,631,000. In Q1 2023, they reduced their holdings by 3.7%, now holding 174,418 shares valued at $9,117,000.

Conclusion

Buckley Wealth Management's Q4 2022 vs. Q1 2023 13F Holdings Comparison report shows that the firm has made several changes in its portfolio over the past few months. In general, they have been reducing their holdings across various sectors, which could be a result of taking profits or reallocating capital to different areas. It's important to remember that 13F filings only report long positions, and there might be other positions that they hold or have taken during this time. Nonetheless, 13F filings are a good starting point for investors interested in the investment strategies of institutional investors.