Comparing Coho Partners, Ltd. Q3 and Q4 2022 13F Holdings

As the markets continue to shift and evolve, tracking changes in fund holdings can provide valuable insights into the investing strategies of major players in the industry. In this post, we'll dive into the Q3 and Q4 2022 13F Holdings of Coho Partners, Ltd., one of the leading asset management firms.

Introduction

Coho Partners, Ltd. is a private investment firm that manages over $5 billion in assets for high-net-worth individuals, institutions, and foundations. They are known for their disciplined value investing approach and long-term investment horizon. Their Q3 and Q4 2022 13F filings reveal their current holdings and any changes they have made to their portfolio during this period.

Main Body

In Q3 2022, Coho Partners, Ltd. held positions in 47 companies, with a total value of $4.7 billion. By Q4 2022, the firm had increased its holdings to 51 companies, with a total value of $5.1 billion, indicating that they were confident in the market's growth prospects. In the following section, we'll take a closer look at some of the major changes to Coho Partners' holdings between Q3 and Q4 2022.

Companies that Coho Partners Increased their Holdings:

- CVS Health Corporation: The firm increased their CVS Health Corporation holdings by 0.7% from 2,891,051 shares in Q3 2022 to 2,893,471 shares in Q4 2022.

- Lowe's Companies Inc.: Coho Partners also increased its holdings in Lowe's, with 134,2147 shares in Q3 2022 and 134,4234 shares in Q4 2022.

- Sysco Corp: Coho Partners increased its holdings by 0.6% from 3,496,098 shares in Q3 2022 to 3,490,579 shares in Q4 2022.

Companies that Coho Partners Reduced their Holdings:

- UnitedHealth Group Inc.: Coho Partners decreased its holdings by 10.83% from 472,394 shares in Q3 2022 to 423,548 shares in Q4 2022.

- Marsh & McLennan Companies: The firm reduced its holdings of Marsh & McLennan Companies by 0.13% from 1,275,771 shares in Q3 2022 to 1,277,255 shares in Q4 2022.

- The Walt Disney Co.: Coho Partners decreased its holdings by 9.15% from 1,362,220 shares in Q3 2022 to 1,638,051 shares in Q4 2022.

New Companies Coho Partners Invested In:

- US Bancorp: Coho Partners added US Bancorp to its portfolio with 4,530,520 shares in Q4 2022.

- Automatic Data Processing, Inc.: The firm invested in Automatic Data Processing in Q4 2022, with 12,065 shares.

- American Tower REIT COM: Coho Partners also invested in American Tower REIT in Q4 2022, with 1,655 shares.

Conclusion

Overall, the Q3 and Q4 2022 13F filings of Coho Partners, Ltd. reveal the firm's cautious approach to the market as they increased their holdings in certain companies while reducing holdings in others. By closely considering these changes in holdings, investors can potentially gain insights into the market's current trends and potential opportunities that may arise. Coho Partners' disciplined approach to value investing makes them a reliable player to track, and we'll be keeping a close eye on their future holdings in Q1 2023.