The Changing Landscape of Hartwell J M Limited Partnership: A Look at Q2 and Q3 2019 Holdings

The world of finance is constantly evolving, and staying on top of trends and changes is crucial for success. In this blog post, we'll be taking a closer look at the holdings of Hartwell J M Limited Partnership between Q2 and Q3 of 2019. From Microsoft to Alibaba Group, the fund made several interesting moves that are worth exploring.

Introduction

Hartwell J M Limited Partnership is a US-based investment fund that manages over $1.7 billion in assets. The fund is known for its savvy investment strategies and a diversified portfolio that spans across several sectors. In this blog post, we'll be examining the changes in their holdings between Q2 and Q3 of 2019, taking a closer look at the fund's moves and what they could mean for the future.

Main Body

One of the most notable changes in Hartwell J M Limited Partnership's portfolio between Q2 and Q3 of 2019 was the shift in holdings from Millicom International Cellular. The fund had 1,026,618 shares in Q2 but sold 13,250 shares by Q3, representing a 12.8% decrease. This move was surprising, given that Millicom is a well-performing telecommunications company serving countries in Latin America and Africa. Millicom's shares did decrease slightly in value by the end of Q3, but this wasn't enough to explain the fund's change in strategy.

Another interesting move was the fund's increase in holdings in pure-play social media company Facebook Inc (META). Although the increase of 725 shares was modest, this went against the trend of several other funds who were pulling out of the company amid privacy concerns and regulatory scrutiny. It's worth noting that Facebook's stock value did decrease by about 7.5% in the third quarter of 2019, so it will be interesting to see if this investment pays off in the long run.

Hartwell J M Limited Partnership also increased its stake in software engineering company EPAM Systems Inc. by 560 shares, representing a 5.5% increase in shares. This move could be attributed to the robust growth of EPAM Systems, which reported a 25% rise in revenue in Q2 of 2019. Microsoft Corporation, another technology giant that has been making headlines since then, was down just slightly, reflecting a 0.02% decrease in shares held by Hartwell J M Limited Partnership.

Another interesting shift in Hartwell J M Limited Partnership's portfolio was its decrease in holdings of payment processor PayPal Inc. The fund sold 4,597 shares, reducing its stake by around 48.3%. This move came amidst a series of class-action lawsuits brought against the company for alleged violations of federal securities laws. By the end of Q3, PayPal's stock value had dropped 15%. Perhaps Hartwell J M Limited Partnership was simply cutting its losses.

Other changes in the fund's holdings include a decrease of 19% in Mesabi Trust, a reduction of 13.3% in Honeywell Inc., and a 9.1% decrease in Exxon Mobil Corp. The biggest increases were in pure-play e-commerce company Alibaba Group, which saw a 3.4% increase in shares held, and American Tower Corp, which saw an increase in shares of 139.8%. These changes indicate that Hartwell J M Limited Partnership is keeping a close eye on the tech and telecom sectors.

Conclusion

Hartwell J M Limited Partnership's changing holdings give a sneak peek into their investment strategies and where they see growth opportunities. While some moves may seem surprising or counterintuitive, they may be based on deep analysis of financial data and market trends. It's important to keep a close eye on the financial world and to stay up to date on changes and trends, just as Hartwell J M Limited Partnership does. Taking a closer look at funds like Hartwell J M Limited Partnership provides insights that can help you make educated investment decisions in the future.