Comparing ELCO Management Co.'s Q3 and Q4 2022 Holdings

Investors are always on the lookout for profitable opportunities, and keeping tabs on what companies professional investors are choosing to invest in can be insightful. To that end, ELCO Management Co., LLC has recently released its Q3 and Q4 2022 13F Holding comparisons. The report compares the holdings of the third and the fourth quarters of 2022 across thirteen sectors, highlighting the changes in the number of shares and their value. In this blog post, we’ll take a closer look at ELCO Management Co.'s Q3 and Q4 13F holdings comparisons, and what the data revealed.

Energy Dominates the Portfolio

ELCO Management Co.'s portfolio includes a variety of sectors, including energy, technology, healthcare, and consumer goods. However, the portfolio was dominated by the energy sector in the Q4 of 2022, which also recorded the highest percentage increase in holdings compared to Q3 2022. Holdings in Cheniere Energy Inc., which is a liquefied natural gas (LNG) producer based in the United States, increased by 8.9%, while holdings in Energy Transfer L.P. increased by 10.3%.

Technology Sector Shares Dwindle

On the other hand, the technology sector saw a decline in holdings by 0.3% compared to the previous quarter. Holdings in Amazon Inc. recorded the highest percentage decrease in holdings in the sector, declining by 26.2%, while holdings in Google's parent company, Alphabet Inc., declined by 9.7%. Despite a decline in holdings, the technology sector still remained the second most significant sector in the portfolio.

Consumer Goods Stocks Hold Steady

Consumer goods stocks remained stable in Q4 2022, with holdings in Procter and Gamble Co. recording the highest percentage increase at 16.6%. Holdings in Coca-Cola Co. also increased by 11.3%. However, holdings in McDonald's Corporation increased by a massive 48.8%, making it the highest gainer in the sector in terms of percentage increase.

Financial Services and Healthcare: Mixed Results

Within the Financial Services sector, holdings in Wells Fargo Co. New remained constant in both quarters, while holdings in Southern First Bancshares increased by 8.6%. However, Provident Financial Services Inc. was new, with the company's shares holding the most significant value in the sector. The healthcare sector was mixed, with Johnson and Johnson holding the most significant value in the sector. However, some of the significant holdings, including Medtronic PLC, saw a decline in shares.

Conclusion

Investors can take advantage of ELCO Management Co.'s Q3 and Q4 2022 13F holding comparisons to obtain insights into what professional investors are investing in. The energy sector dominated the portfolio, while the technology sector suffered a decline in holdings. Consumer goods remained stable, and the healthcare and the financial services sectors recorded mixed results. Understanding these insights can help investors make informed investment decisions.