Cypress Capital Group's Q4 2022 Holdings: Analyzing Trends and Changes

Cypress Capital Group is a multi-billion-dollar fund that invests in a diverse range of US-listed companies. Their latest 13F filings for Q3 and Q4 of 2022 showcase the changes in holdings of the fund. In this blog post, we will take a closer look at the changes in holdings, analyzing the trends and exploring the reasons behind the changes.

Overall, Cypress Capital Group has increased the value of its holdings from $525,173,000 in Q3 2022 to $558,568,000 in Q4 2022, a rise of about 6.4%.

Top Holdings Changes

Out of the top 10 holdings of the fund, 8 stocks saw an increase in holdings while only 2 stocks saw a decrease in holdings. Lockheed Martin Corporation (LMT) saw the highest increase in holdings from 44,650 shares to 43,340 shares, an increase of 2.9%. Similarly, Microsoft Corporation (MSFT) saw an increase in holdings by 8.3%, rising from 80,348 shares to 87,332 shares.

Among the top holdings, Apple Inc. (AAPL) saw the highest decrease in holdings, with Cypress Capital Group selling off about 8.5% of its holdings in the company. Similarly, Johnson & Johnson (JNJ) saw a marginal decrease of 1%, with Cypress Capital Group holding 91,616 shares in Q4 2022 as compared to 92,549 shares in Q3 2022.

Significant Changes in Holdings

Several companies showed a significant change in holdings, either as a percentage or in terms of value. Phillips 66 (PSX), for instance, saw an increase in holdings of over 61%, rising from 45,271 shares to 56,533 shares. The value of Cypress Capital Group's holdings in the company also increased from $3,654,000 in Q3 2022 to $5,883,000 in Q4 2022, a rise of about 61%.

Similarly, the fund saw a significant increase in holdings of Intc as they went from 50,469 shares to staggering 104,884 shares, which is an increase of over 100%. The value of their holdings also increased from $1,300,000 in Q3 2022 to $2,772,000 in Q4 2022, a growth of more than 113%.

On the other hand, First Tr Exchange-Traded FD III (FMB) saw a decrease of 23% in terms of holdings and a 22.7% decrease in value, falling from $5,628,000 in Q3 2022 to $4,332,000 in Q4 2022.

Conclusion

Cypress Capital Group saw a few noteworthy changes in its holdings in Q4 of 2022 as compared to Q3 2022. Overall, there was a 6.4% increase in the value of holdings, and only two of the top ten holdings saw a decrease in shares held. Despite the upheaval in the stock market during the end of the year, the holdings of the fund remained firmly rooted in well-established companies with a strong track record of performance.

Cypress Capital Group's decision to sell off some of its holdings in companies like Apple Inc. and Johnson & Johnson could be due to factors such as individual company performance or overall shifts in the market. Similarly, the decision to acquire larger holdings in companies like Intc and Phillips 66 could indicate a bullish outlook for those companies.

All in all, the fund's holdings continue to reflect the diverse range of opportunities available in the US stock market. The changes in holdings illustrate the adaptability required to thrive in an ever-changing market and hint at the direction that Cypress Capital Group is taking in terms of its investment strategy.