JGP Wealth Management, LLC Q4 2022 vs. Q1 2023: Analyzing the Changes in Holdings

When it comes to investing, it's crucial to have a well-diversified portfolio that can withstand market fluctuations. One way to analyze how a particular investment firm is diversifying its holdings is by looking at its 13F filings. In this article, we'll analyze JGP Wealth Management, LLC's Q4 2022 vs. Q1 2023 13F holdings comparison data, and see how the company has rebalanced its portfolio.

JGP Wealth Management, LLC's Holdings Overview

JGP Wealth Management, LLC is an investment firm that primarily invests in technology, energy, and healthcare sectors. As of Q4 2022, the total value of JGP Wealth Management, LLC's holdings was $34557K, which increased to $43888K in Q1 2023, indicating a growth of 26.9%.

Top Holdings

JGP Wealth Management, LLC's top holdings in Q4 2022 and Q1 2023 were Apple Inc (AAPL) and Microsoft Corp (MSFT) respectively. Apple Inc accounted for 77.1% of the company's Q4 2022 portfolio, which increased to 78.2% in Q1 2023. On the other hand, Microsoft Corp's holding also increased from 51.1% in Q4 2022 to 49.6% in Q1 2023.

Top Gainers

JPMorgan Chase & Co (JPM) was JGP Wealth Management, LLC's top gainer, with a change percentage of 35.8%. The company had 72,530 shares of JPM in Q4 2022, which increased to 101,383 shares in Q1 2023. Other top gainers included Texas Instrs Inc (TXN) with a change percentage of 31.8%, Amazon Com Inc (AMZN) with 27.5%, and iShares Inc (IEMG) with 24.7%.

Top Losers

Hormel Foods Corp (HRL) was JGP Wealth Management, LLC's top loser, with a change percentage of -10.3%. The company had 113,668 shares of HRL in Q4 2022, which decreased to 116,405 shares in Q1 2023. Other top losers included Henry Jack & Assoc Inc (JKHY) with a change percentage of -12.3%, M & T Bk Corp (MTB) with -12.2%, and Abbott Labs (ABT) with -4.5%.

Conclusion

Investing in the stock market involves risk, but with proper diversification, investors can minimize their exposure to such risks. JGP Wealth Management, LLC's Q4 2022 vs. Q1 2023 13F holdings comparison data shows that the company has made some strategic portfolio changes by adding new positions and rebalancing its existing holdings. It's crucial to note that 13F filings only provide insights into the companies' long positions, and investors should complement these filings with other forms of financial analysis for making sound investment decisions.