Focused Investors LLC Q3 2023 vs. Q4 2023: A Comprehensive Analysis of 13F Holdings

Introduction

When it comes to analyzing investment portfolios, there are various ways to gain insights into the decisions made by financial institutions and professionals. One such method is through the regulatory filings known as Form 13F. These documents provide valuable information about the holdings and changes in holdings of institutional investment managers. In this article, we will focus on Focused Investors LLC and compare their holdings from Q3 2023 to Q4 2023, exploring the significant changes and their potential impact.

1. Elevance Health, Inc. - A Slight Decrease in Holdings

In Q3 2023, Focused Investors LLC held 466,250 shares of Elevance Health, Inc. However, in Q4 2023, their holdings decreased slightly to 460,550 shares. Despite the reduction, the overall value of these holdings increased from $203,014,000 to $217,176,000, representing a 7% change. This indicates that Focused Investors LLC maintained confidence in the company's prospects.

2. Microsoft Corp. - A Significant Decrease in Holdings

Another notable change in Focused Investors LLC's portfolio is their holdings in Microsoft Corp. In Q3 2023, they held 622,150 shares, which decreased to 563,350 shares in Q4 2023. This reduction represents a 7.8% change. However, the value of their holdings increased from $196,443,000 to $211,842,000, indicating that despite the decrease in shares, Focused Investors LLC believes in the long-term potential of Microsoft Corp.

3. UnitedHealth Group Inc. - A Slight Decrease in Holdings

Focused Investors LLC also experienced a slight decrease in their holdings of UnitedHealth Group Inc. In Q3 2023, they held 402,650 shares, which decreased to 400,350 shares in Q4 2023. This represents a 3.8% change. However, the value of their holdings increased from $203,012,000 to $210,772,000, suggesting that Focused Investors LLC remains optimistic about the company's performance.

4. Johnson & Johnson - Minimal Change in Holdings

When analyzing Focused Investors LLC's holdings, it is important to note that they maintained their position in Johnson & Johnson. With 1,310,000 shares held in both Q3 and Q4 2023, there was only a slight decrease in holdings from 1,312,800 to 1,302,800 shares. Despite this minimal change, the overall value of their holdings remained relatively stable, indicating confidence in the company's stability.

5. The Cigna Group - A Substantial Increase in Holdings

Focused Investors LLC made significant changes to their holdings in The Cigna Group, exemplifying their confidence in the company's growth potential. In Q3 2023, they held 519,350 shares, which increased to 600,650 shares in Q4 2023. This represents a substantial 21.1% change. The value of their holdings also increased from $148,570,000 to $179,864,000, indicating a strong belief in The Cigna Group's future performance.

Conclusion

Through our analysis of Focused Investors LLC's Q3 2023 vs. Q4 2023 13F Holdings Comparison, we can observe both the changes and the consistency in their portfolio. While they made slight decreases in holdings for some companies, they expressed confidence in others, evident by the significant increase in holdings for The Cigna Group. It is essential to understand that these changes reflect their strategic outlook and assessment of the companies' potential for growth and profitability.

As an investor, it is crucial to keep track of these changes in institutional investment portfolios like Focused Investors LLC's. By staying informed, you can gain insights into potential investment opportunities and possibly align your own investment strategy with successful firms in the market. Always remember to conduct further research and consult with financial professionals before making any investment decisions.