Henry James International Management's Q3-Q4 2022 Holdings: Analysis of Strategic Changes for Maximum Returns

In the world of investing, fund managers must constantly analyze and adjust their holdings to ensure their portfolio is optimized for maximum returns. This is exactly what Henry James International Management Inc. did during Q3 and Q4 of 2022. In this blog post, we'll take a closer look at the changes made to the fund's holdings during this time period and the reasons behind them.

To begin, let's take a look at the top five holdings of the fund in both Q3 and Q4.

Q3 2022:

1. Nokia Oyj Sponsored ADR - 1,070,244 shares

2. Lloyds Banking Group plc Spons - 858,762 shares

3. Sony Group Corporation Sponsor - 125,426 shares

4. UBS Group AG - 466,576 shares

5. Ferrari NV - 40,491 shares

Q4 2022:

1. Nokia Oyj Sponsored ADR - 1,064,273 shares

2. Lloyds Banking Group plc Spons - 849,837 shares

3. Sony Group Corporation Sponsor - 125,730 shares

4. UBS Group AG - 464,863 shares

5. Ferrari NV - 40,383 shares

As we can see, the top holdings remained relatively stable between Q3 and Q4, with the exception of Nokia Oyj Sponsored ADR, which saw a small decrease in shares held.

The biggest changes in holdings for the fund occurred elsewhere in the portfolio. Let's focus on a few notable changes and the factors that led to them.

- Aercap Holdings N.V. (AER): In Q3, the fund held 98,718 shares of AER, which increased to 98,237 shares in Q4. The value of these holdings increased significantly from $4,179,000 in Q3 to $5,729,000 in Q4. This increase is likely due to the aviation industry's rebound from the COVID-19 pandemic and the expected increase in air travel demand.

- Yum China Holdings, Inc. (YUMC): The fund's holdings of YUMC share more than doubled between Q3 and Q4, from 24,087 shares to 34,268 shares. The value of these holdings increased from $1,140,000 to $1,872,000 during the same time period. This increase may be attributed to the resurgence of the restaurant industry as the world slowly returns to normalcy after the pandemic.

- Meituan: While not listed with a sym, the fund's Q4 holdings of Meituan increased from 13,371 shares to 18,094 shares, with the value of these holdings increasing from $564,000 to $800,000. Meituan is a Chinese company that provides local services such as food delivery and travel booking. The increase in holdings may be due to the company's solid financial performance and growth potential in the burgeoning Chinese e-commerce market.

- Petroleo Brasileiro SA Sponsor (PBR): In contrast to the aforementioned companies, the fund significantly decreased its holdings of PBR from 130,335 shares to 123,306 shares between Q3 and Q4. The value of the holdings also dropped from $1,608,000 to $1,313,000. This decrease may be due to concerns over the environmental impact of oil exploration and production, in addition to the ongoing volatility of the global oil market.

It's important to note that the fund's overall strategy and approach likely played a role in these changes as well. Henry James International Management Inc. may have shifted their focus to particular industries or countries that they believe offer the best opportunities for growth and return.

In conclusion, the changes made to Henry James International Management Inc.'s holdings during Q3 and Q4 of 2022 demonstrate the constant evolution and fine-tuning necessary in the world of investment management. The fund made strategic decisions to either increase or decrease their holdings in particular companies based on a variety of factors, all with the goal of maximizing returns for their investors.