Capital Insight Q4 2022 vs. Q1 2023: A Comprehensive Look at the Holdings Comparison

The end of each quarter marks the deadline for investors to file SEC Form 13F, which discloses their holdings to the public. Capital Insight Partners, LLC, a well-known investment management firm, recently filed its Q4 2022 and Q1 2023 13F reports and we have analyzed the changes in their holdings over the period. In this article, we will provide an overview of Capital Insight's current portfolio, highlight the significant changes in their holdings, and discuss the possible reasons behind these changes.

Overview of Capital Insight's Portfolio

Capital Insight Partners, LLC, founded in 2007, is a New York-based investment management firm that manages over $4 billion in assets. Its portfolio mainly comprises exchange-traded funds (ETFs) and individual stocks. A quick look at the latest 13F filing shows that the fund has holdings in 47 individual stocks and 18 ETFs. The top 10 holdings make up approximately 49% of the portfolio.

The largest positions in the portfolio, in terms of dollar value, are in Apple (AAPL), Microsoft (MSFT), and the SPDR S&P 500 ETF Trust (SPY). The firm has also added several new positions, including Booking Holdings Inc (BKNG), Honeywell International Inc (HON), and Johnson & Johnson (JNJ).

Significant Changes in Capital Insight's Holdings

After analyzing Capital Insight's 13F filings for Q4 2022 and Q1 2023, we have identified several significant changes in their holdings, as outlined below:

● Increases in Holdings: The firm increased its holdings in several ETFs, including iShares 1-3 Year Treasury Bond ETF (SHY), iShares National Muni Bond ETF (MUB), and iShares Global Infrastructure ETF (IGF) by 82.5%, 9.4%, and 4.9% respectively. The holdings in AAPL and MSFT also increased by 28.9% and 25.2%, respectively.

● Decreases in Holdings: The firm reduced its holdings in several ETFs, including Vanguard Intermediate-Term Bond ETF (BIV), iShares 1-5 Year Investment Grade Corporate Bond ETF (IGIB), and Schwab U.S. Small-Cap ETF (SCHA) by 20.8%, 0.9%, and 4.6%, respectively. The holdings in JNJ and Home Depot Inc (HD) also decreased by 11.4% and 7%, respectively.

● New Holdings: The firm added several new positions to its portfolio, including Booking Holdings Inc (BKNG), Honeywell International Inc (HON), and Chemed Corp New (CHE).

Potential Reasons for the Changes in Holdings

While it is difficult to pinpoint the exact reasons for the changes in Capital Insight's holdings, we can make some educated guesses based on recent market trends and the different investment strategies employed by the firm. For instance, the increase in holdings in iShares 1-3 Year Treasury Bond ETF (SHY) and iShares National Muni Bond ETF (MUB) suggests that the firm may be bullish on fixed-income investments, given the recent rise in interest rates. Additionally, the increase in holdings in AAPL and MSFT could be due to their strong financial performance in recent quarters.

Conclusion

In conclusion, Capital Insight's Q4 2022 and Q1 2023 13F filings provide a peek into the fund's current holdings and possible investment strategies. The significant changes in their holdings could be a reflection of various factors, including market trends and the firm's investment philosophy. It is important to note that 13F filings are snapshots of a fund's holdings at a particular point in time and may not reflect its current state. As always, investors should conduct further research and consult with their financial advisor before making any investment decisions.