The Future of First Washington CORP Q3 2022 vs. Q4 2022 13F Holdings Comparison

First Washington CORP, a Washington-based investment firm, has disclosed its third-quarter and fourth-quarter 13F holdings comparison. This information serves as a window into the company’s investment strategy, asset allocation, and stock picks.

Notably, First Washington CORP’s holdings have undergone significant changes compared to last quarter, with some investments increasing by as much as 136.6%. In this article, we will look at the key takeaways, winners, and losers of First Washington CORP’s Q3 2022 vs. Q4 2022 13F Holdings Comparison.

Key Takeaways

First Washington CORP's holdings are diversified across various sectors, including technology, finance, industrials, and healthcare. The firm's top holdings for Q4 2022 were PACCAR Inc, SPDR S&P 500 ETF TR, and Microsoft Corp. On the other hand, the company sold out its entire holding in Pfizer Inc and significantly reduced investments in some companies such as PayPal Hldgs Inc and Micron Technology Inc.

Winners

One of the most significant winners in First Washington CORP's Q3 2022 vs. Q4 2022 comparison is Otter Tail Corp, which saw the firm's investment increase by 136.6%. In addition, First Washington CORP increased its stake in Mastec Inc and Summit Mtls Inc by 43.7% and 34%, respectively. These companies are involved in infrastructure development and construction, two sectors that have been growing as governments and businesses invest in new projects.

Losers

While First Washington CORP had some notable winners in its Q3 2022 vs. Q4 2022 13F holdings comparison, the firm also experienced some significant losses. One of the biggest losers is Snowflake Inc, which saw the firm's investment drop by 9.4%. First Washington CORP also sold out its entire holding in Pfizer Inc, causing a decrease of 90.6% in the firm's investment in the company. Other companies that experienced a significant decline in investments by First Washington CORP include Intel Corp (-100%), Micron Technology Inc (-100%), and JPMorgan Chase & Co (-100%).

Conclusion

First Washington CORP's Q3 2022 vs. Q4 2022 13F holdings comparison gives investors an idea of the company's investment strategy and stock picks. While the company made some significant changes, it is important to note that 13F filings only provide a limited snapshot of an investor's holdings, and the company's current positions may differ. Overall, the firm appears to have had a bullish outlook on the infrastructure, construction, and technology sectors while remaining cautious about healthcare and finance. It will be interesting to see how these decisions play out in the coming quarters.