Investment Management Update: Brandywine's Q3-Q4 2022 Holdings Comparison

Brandywine Global Investment Management, LLC has updated its holdings for Q4 2022, providing a glimpse into the portfolio movements of the firm. In this comparison of the holdings between Q3 and Q4 2022, we can see some interesting changes in the portfolio. Brandywine has increased its holdings in JPMorgan Chase, Exxon Mobil, and Pfizer, while decreasing its position in Lowes Companies and GSK PLC, among others.

JPMorgan Chase & Co:

JPMorgan Chase has the highest percentage change in holdings from Q3 2022 to Q4 2022, which is a 31.8% increase in shares. The value of the holdings has also increased from $275,346,000 to $362,898,000.

Exxon Mobil:

Exxon Mobil has seen a decrease in shares, down to 269,358,000, and a decrease in value from Q3 to Q4 2022. The value of the holdings is still significant at $297,102,000 after a 19% decrease.

Pfizer:

Pfizer shows an increase in holdings with a 38.5% change in shares from Q3 to Q4 2022. The increase in the number of shares held, to 5,015,695, is further reflected in the increase in value from $185,588,000 to $257,004,000.

Lowes Companies:

Lowes Companies has seen a decline in holdings by -1.1%, with Brandywine lowering its stake from 641,029 shares in Q3 to 597,685 in Q4 2022. The value of its dwindling holdings also decreased from $120,392,000 to $119,082,000.

GSK PLC:

GlaxoSmithKline has seen a decrease in holdings for Q4 2022, even though it was among the holdings in Q3 2022. The shares holdings in the firm have reduced from 1,418,870 to 1,419,870, while the value of the holding is down to $49,894,000.

Conclusion:

It is essential to keep track of the movements in the portfolio of any investment company, and Brandywine Global Investment Management is no different. These changes in holdings indicate Brandywine's change in focus and its priorities regarding its investments. While these changes give us an idea of Brandywine's investment strategy, it is not a guarantee of future performance. Brandywine's holdings may continue to shift as it continually reassesses its investments. It is always crucial to do your own research and due diligence before investing in any stock or company.