Ferris Capital LLC's Q4 2021 to Q1 2022 13F Holdings Comparison Report: Key Findings and Changes in Holdings

Ferris Capital LLC, a registered investment advisor based in Washington, DC, recently released its 13F holdings comparison report for Q4 2021 versus Q1 2022. The report tracks changes in the firm's holdings, including the number of shares held and the value of those holdings. The following is a summary of the report and a discussion of key changes observed.

Top Holdings

At the end of Q1 2022, Ferris Capital LLC had 32 holdings in its portfolio, with the top ten comprising 63.4% of the total portfolio value. The top holdings included SPDR S&P 500 ETF TR (SPY), APPLE INC (AAPL), MICROSOFT CORP (MSFT), VANGUARD TAX-MANAGED INTL FD (VEA), and AMAZON COM INC (AMZN).

Changes in Holdings

The report showed that Ferris Capital LLC decreased its holdings in several companies, including PROCTER AND GAMBLE CO (PG), DISNEY WALT CO (DIS), and JOHNSON & JOHNSON (JNJ). PG, a consumer goods company, saw its shares decline by 2,325 during the period, while DIS, a media and entertainment giant, saw its shares decline by 514. Ferris Capital LLC sold 277 shares of JNJ, a pharmaceuticals and consumer goods company.

In contrast, the firm increased its holdings in some companies, such as EXXON MOBIL CORP (XOM), TRACTOR SUPPLY CO (TSCO), and LOCKHEED MARTIN CORP (LMT). XOM, an oil and gas company, saw its shares increase by 853 during the period, while TSCO, a retail company, saw its shares increase by 15. Ferris Capital LLC bought 3 shares of LMT, a defense contractor company.

The report also highlighted some significant changes in percentage of holdings between Q4 2021 versus Q1 2022. For example, the firm decreased its holdings in QUALCOMM INC (QCOM) by 16.4%, its holdings in PAYPAL HLDGS INC (PYPL) by 38.6%, and its holdings in AKAMAI TECHNOLOGIES INC (AKAM) by 219.2%. On the other hand, the firm increased its holdings in EXXON MOBIL CORP by 36.8%, its holdings in TRACTOR SUPPLY CO by -2.2%, and its holdings in LOCKHEED MARTIN CORP by 24.1%.

Sector and Industry Holdings

The report showed that the Information Technology (IT) sector continues to be the largest sector in Ferris Capital LLC's portfolio, accounting for 35.2% of the portfolio value. The Health Care and Consumer Discretionary sectors were the second and third largest, accounting for 15.4% and 13.4% of the portfolio value, respectively.

In terms of industries, the firm's holdings were primarily in Pharmaceuticals, Biotechnology, and Life Sciences (18.8%), Software and Services (17.3%), and Capital Goods (15.3%). Holdings in Pharmaceuticals, Biotechnology, and Life Sciences decreased by 2.8%, while holdings in Software and Services and Capital Goods increased by 3.8% and 1.9%, respectively.

Conclusion

Ferris Capital LLC's 13F holdings comparison report for Q4 2021 versus Q1 2022 showed some significant changes in the firm's holdings, including both increases and decreases in holdings. The report highlighted that the IT sector continues to be the largest sector in the firm's portfolio, while holdings in Pharmaceuticals, Biotechnology, and Life Sciences decreased. Overall, the report presents valuable insights into the performance and direction of Ferris Capital LLC's holdings.