Comparing Bennicas & Associates, Inc. Q3 2022 vs Q4 2022 13F Holdings: Which Stocks Did They Buy and Sell?

After examining the Q3 2022 vs Q4 2022 13F holdings of Bennicas & Associates, Inc., it's clear that they made some significant changes to their portfolio. While they increased their holdings in some companies, they reduced them in others. In this article, we'll take a look at the changes made to their holdings and analyze the performance of the companies they invested in.

First, let's take a look at the companies in which Bennicas & Associates, Inc. increased their holdings. Procter & Gamble (PG) saw the largest increase, with an additional 12,133 shares added to bring their total to 159,324 shares. The value of their holdings also increased by 29.9%, from $18,583,000 to $24,147,000. Another notable increase was in the holdings of Franco-Nevada Corp. (FNV.TO), in which they added 400 shares, bringing their total to 30,323 shares.

However, not all the additions made by Bennicas & Associates, Inc. were successful. One example is the Pimco 1-5 Year U.S. TIPS Index (STPZ), in which they bought 35,315 shares in Q3 but sold all but 158,825 shares in Q4. This was a 17.4% decrease in value, from $9,592,000 to $7,920,000.

Now, let's focus on the companies that lost favor with Bennicas & Associates, Inc. Southern Company (SO) saw the largest drop in holdings, with a decrease of 200 shares, bringing their total to 27,066 shares. The value of their holdings also decreased by 4.2%, from $1,854,000 to $1,932,000. Another company in which they made a significant reduction was Weyerhaeuser Co. (WY), in which they sold off all their holdings in Q3 but repurchased 34,632 shares in Q4.

One company worth watching is Copart, Inc. (CPRT). In Q3, Bennicas & Associates, Inc. owned 18,850 shares, but this number increased significantly to 37,700 shares in Q4, a value increase of 14.4%.

In terms of industry sectors, it's apparent that Bennicas & Associates, Inc. has a preference for gold and silver mining companies. They increased their holdings in Agnico Eagle Miners Limited (AEM), Sprott Physical Gold & Silver (CEF), Franco-Nevada Corp. (FNV.TO), and Yamana Gold, Inc. (YRI.TO). It's worth noting that these companies performed well in Q4 and provided significant returns on investment.

In conclusion, Bennicas & Associates, Inc. has made some significant changes to their portfolio that had positive, negative, or neutral effects. They seem to have a preference for gold and silver mining companies, and the performance of these companies will likely continue to impact their portfolio in the coming months. Investors should keep an eye on their holdings and look for opportunities to invest in these companies based on their performance.