Homestead Advisers Corp Q4 2022 vs. Q1 2023 13F Holdings Comparison

As the investment industry continues to evolve, it's important for financial professionals to be aware of trends and changes in fund holdings. One such example can be seen when comparing the Q4 2022 vs. Q1 2023 13F holdings of Homestead Advisers Corp.

Homestead Advisers Corp is a registered investment adviser who oversees approximately $1 billion in total assets. They specialize in providing investment advisory services to high net worth individuals.

In the fourth quarter of 2022, Homestead Advisers Corp invested in various well-known companies, including Microsoft Corp, Alphabet Inc, and AbbVie Inc. These three holdings were in the top five in terms of share values and showed little change for the first quarter of 2023. However, when comparing all of Homestead Advisers Corp's 13F holdings from Q4 2022 to Q1 2023, there are some significant fluctuations.

One of the most notable changes in holdings is for Meta Platforms Inc, which saw a 130.3% increase in shares held by Homestead Advisers Corp. This change comes as no surprise given that the company has been making headlines lately, particularly with its rebrand from Facebook to Meta.

Another interesting shift in holdings is for The Cigna Group, which saw a 31.6% reduction in shares held. This is a fairly significant change and could reflect concerns over recent regulatory pressure on the healthcare industry.

In terms of sectors, Homestead Advisers Corp's holdings in the information technology sector decreased from $357,518,000 to $348,687,000, a reduction of approximately 2.47%. Conversely, their holdings in the healthcare sector increased from $254,312,000 to $267,682,000, an increase of 5.25%. It's interesting to see such a shift in sector allocation and raises questions about their overall investment strategy.

One company that no longer appears in Homestead Advisers Corp's 13F holdings is The Walt Disney Company. While it's not clear why they sold all of their shares, it's possible that the company no longer meets Homestead Advisers Corp's investment criteria.

It's important to keep in mind that 13F filings are only filed quarterly, so any changes in Homestead Advisers Corp's holdings between Q1 and Q4 2023 will not be reflected until the next filing. However, this comparison provides valuable insights into their investment strategies and the changing trends of the market.

In conclusion, Homestead Advisers Corp's Q4 2022 vs. Q1 2023 13F holdings comparison reveals interesting shifts in companies and sectors. While some holdings remained relatively stable, others saw significant changes, reflecting the ever-changing investment landscape.