The Changing Landscape of Osborne Partners Capital Management, LLC: A Q4 2022 vs. Q1 2023 Comparison

As the market continues to experience fluctuations, investors, fund managers, and financial advisors keep a sharp eye on their portfolios' performance. One such firm is Osborne Partners Capital Management, LLC, which recently released its Q4 2022 vs. Q1 2023 13F holdings comparison. In this article, we'll take a closer look at the changes in holdings of this fund and explore how they may impact the firm's financial performance.

Osborne Partners Capital Management, founded in 1997, is an employee-owned hedge fund sponsor that primarily invests in the public equity markets. The firm's core investment philosophy is anchored on their belief in the value of long-term investments, backed by thorough fundamental research. Their investment strategy seeks to identify high-quality businesses with sustainable competitive advantages, strong management teams, and robust growth opportunities.

In the Q4 2022 vs. Q1 2023 13F holdings comparison by Osborne Partners Capital Management, LLC, the following stocks stood out with significant changes in the number of shares held:

- VEU (Vanguard Intl Equity Index F)

- AAPL (Apple Inc)

- VGK (Vanguard Intl Equity Index F)

- MSFT (Microsoft Corp)

- PANW (Palo Alto Networks Inc)

- EWJ (iShares Inc)

- VWO (Vanguard Intl Equity Index F)

- DJP (Barclays Bank PLC)

- SRLN (SSGA Active ETF TR)

- EWN (iShares Inc)

VEU is an international equity index fund that specializes in tracking the performance of global equity markets outside of the United States. In Q1 2023, the number of shares held in the VEU increased by 2.1%, from 1,786,660 shares to 1,817,479 shares, while the value of shares held surged by 8.5%, from $89,583,000 to $97,180,000.

AAPL is one of the most valuable technology companies in the world, and it's no surprise that Osborne Partners Capital Management, LLC increased its holdings by 26.4% in Q1 2023, up from 300,328 shares to 299,152 shares, with a value of $39,021,000 and $49,330,000, respectively.

VGK is another international equity index fund that focuses on European stocks. The number of shares held by Osborne Partners Capital Management, LLC increased by 1%, from 447,609 to 451,683, with a value surge of 10.9%, from $24,815,000 to $27,530,000.

MSFT is a leading technology company that develops software, hardware, and electronics. In Q1 2023, the number of shares held by Osborne Partners Capital Management, LLC dipped slightly by 0.5%, from 127,749 shares to 127,153 shares. However, the value of shares held increased by 19.7%, from $30,636,000 to $36,658,000.

PANW is a leading cybersecurity company that specializes in developing next-generation firewalls and cloud security solutions. In Q1 2023, Osborne Partners Capital Management, LLC increased its holdings significantly by 44.4%, from 95,805 shares to 96,655 shares, with a corresponding surge in the value of shares held, from $13,368,000 to $19,305,000.

EWJ is a Japan-focused equity fund that invests primarily in Japanese companies in various sectors such as consumer goods, technology, and financial services. In Q1 2023, Osborne Partners Capital Management, LLC increased its holdings by 12.8%, from 439,563 shares to 459,992 shares, with a corresponding increase in the value of shares held, from $23,929,000 to $26,996,000.

VWO is an international equity index fund that invests in emerging market companies in Asia, Latin America, Africa, and Eastern Europe. In Q1 2023, the number of shares held by Osborne Partners Capital Management, LLC increased by 0.06%, from 958,163 shares to 958,703 shares, with a value of $37,349,000 and $38,731,000, respectively.

DJP is an iShares basket of commodity futures contracts that track the Bloomberg Commodity Index. In Q1 2023, the number of shares held by Osborne Partners Capital Management, LLC decreased by 0.2%, from 749,525 shares to 748,138 shares, resulting in a drop in the value of shares held, from $25,266,000 to $23,633,000.

SRLN is a State Street Global Advisors (SSGA) Actively Managed ETF that focuses on senior secured loans. In Q1 2023, the number of shares held by Osborne Partners Capital Management, LLC increased by 6.7%, from 443,370 shares to 466,547 shares, with a corresponding increase in the value of shares held, from $18,133,000 to $19,343,000.

EWN is an Austria-focused equity fund that invests in Austrian companies across various sectors such as energy, healthcare, and financial services. In Q1 2023, Osborne Partners Capital Management, LLC increased its holdings by 15%, from 450,740 shares to 457,534 shares, resulting in a surge in the value of shares held, from $16,785,000 to $19,307,000.

Conclusion

The Q4 2022 vs. Q1 2023 13F holdings comparison by Osborne Partners Capital Management, LLC reveals a mixed bag of changes in the fund's holdings. While some stocks saw significant increases in shares held and their corresponding values, others saw a decrease. One possible reason for these changes in holdings could be that the fund manager is trying to position the portfolio for the future. It's also worth noting that the fund's investment strategy is centered on long-term investments backed by fundamental research. Therefore, it's essential to watch this space as we could see significant shifts in the fund's holdings in the future.