First National Bank Of Omaha Q4 2022 vs. Q1 2023 13F Holdings Comparison

When it comes to investing in the stock market, there are multiple key players that make a difference, and some of those include banks and investment firms that handle different aspects, including managing and analyzing stock portfolios. One of the regulatory filings that help shed light on how these firms are operating and investing in their clients' money is Form 13F. These reports are filed with the SEC each quarter and require institutions with over $100 million in qualifying assets to disclose their equity holdings to the public.

One such company that recently released its Form 13F filings is First National Bank of Omaha, and the changes in their holdings between Q4 2022 and Q1 2023 provide interesting insights into their investment strategy and the current state of the stocks they hold. Let's take a closer look at some of the most significant changes in their holdings.

One notable change was in their holding of Apple Inc (AAPL), which decreased by 22.4% from 470,600 shares in Q4 2022 to 454,014 shares in Q1 2023. This reduction in holdings could be due to the recent market volatility and risk-management practices or the bank's decision to reinvest in other more promising stocks.

Another change in the bank's holdings was in their stake in Microsoft Corp (MSFT), which decreased by 16.1% from 266,889 shares in Q4 2022 to 257,830 shares in Q1 2023. This decrease in holdings could be attributed to the recent lawsuits faced by the tech giant, which caused market speculation and might have made the bank hesitant to hold onto their shares.

In contrast, the bank's investment in Nestle S.A (NSRGY) decreased only slightly by 1.7% from 90,830 shares in Q4 2022 to 84,728 shares in Q1 2023. This minor change could indicate that the bank still has confidence in the stock despite the global pandemic and the recent supply chain issues facing the food and beverage industry.

On the other hand, First National Bank of Omaha increased their stake in NVIDIA Corporation (NVDA), a company that has shown consistent growth over the past years. Their investment in the tech giant grew by 83.6% from 55,383 shares in Q4 2022 to 53,495 shares in Q1 2023. This increase is an indicator that the bank may have confidence in the company's long-term growth potential.

Moreover, their holdings in Meta Platforms Inc (META) increased by a staggering 74.8% from 54,847 shares in Q4 2022 to 54,419 shares in Q1 2023. This uptick in holdings could be due to the social media company's recent rebranding and pivot towards Metaverse, which caused their stock prices to soar.

Lastly, First National Bank of Omaha sold their entire holding of Hunzeker Holdings, LLC Class, around 99 shares, in both Q4 2022 and Q1 2023. This action could indicate that the bank has reevaluated their investment in the company and found it to be no longer profitable.

In conclusion, the changes in First National Bank of Omaha's holdings between Q4 2022 and Q1 2023 manifest their active investment management strategy and their efforts to navigate the complexities of the current market. While some holdings were decreased or sold, others were increased, indicating the bank's confidence in the potential growth of those companies. We will keep an eye on their future filings to see how these changes develop and what they reveal about the bank's investment strategy.