Wellington Management Group's Q3 and Q4 2022 Fund Holdings Comparison

Wellington Management Group LLP is a Boston-based investment management firm known for managing funds for institutional clients, financial advisors, and high net worth individuals. The firm recently disclosed its Q3 and Q4 2022 fund holdings, which reveal certain changes in the holdings of various companies.

Microsoft Corp Continues to be Firm's Largest Holding

Microsoft Corp (MSFT) continues to be the largest holding of Wellington Management Group LLP's funds. In Q3 2022, the firm held 64,181,185 shares of the company, worth $14,947,798. This increased slightly to 63,803,962 shares worth $15,301,466 in Q4 2022 - a change of 2.4%. Despite the slight drop in worth, Microsoft Corp remains the largest holding, accounting for nearly 10% of all holdings.

Pfizer Inc Takes Second Place

Pfizer Inc (PFE) moved up two places to become the second-largest holding of Wellington Management Group LLP's funds. In Q3 2022, the firm held 210,874,152 shares of the company, worth $9,227,853. The number of shares held decreased to 199,329,574 in Q4 2022, but the worth increased to $10,213,647 - a change of 10.7%. This rise in worth is likely due to the company's announcement about their COVID-19 vaccine and their subsequent financial performance.

Apple Inc Slips from Second to Fourth Place

Apple Inc (AAPL) slipped from the second-largest to the fourth-largest holding in Q4 2022. In Q3 2022, the firm held 67,208,273 shares of the company, worth $9,288,183. However, by Q4 2022, the number of shares held had decreased to 60,668,117 (a drop of over 6 million shares), and the worth had also decreased to $7,882,608 (a drop of over $1 million). This represents a change of -15.1% and is likely due to the ongoing impact of the global pandemic on the company's operations.

Merck & Co Inc Sees Significant Increase in Holdings

Merck & Co Inc (MRK) saw a significant increase in holdings, with Wellington Management Group LLP's funds increasing their stake in the company by 99%. In Q3 2022, the firm held 40,157,172 shares of the company, worth $3,458,335. By Q4 2022, this had increased to 62,016,871 shares, worth $6,880,771. This significant increase in stake could signal confidence in the company's future performance.

Other Noteworthy Changes

Other noteworthy changes include:

- Morgan Stanley (MS) saw a slight decrease in holdings, dropping by 0.6%.

- Amazon Com Inc (AMZN) saw a significant decrease in holdings, dropping by 36.9%.

- Honeywell Intl Inc (HON) saw a significant increase in holdings, increasing by 64.4%.

- Canadian Natl Ry Co (CNR.TO) saw a slight increase in holdings, up by 6.6%.

- Fidelity Natl Information Sv (FIS) saw a significant decrease in holdings, down by 13.7%.

Conclusion

In conclusion, Wellington Management Group LLP's Q3 and Q4 2022 fund holdings show some interesting changes in the firm's investments. While Microsoft Corp remains the largest holding, Pfizer Inc's increase and Apple Inc's decrease in holdings are noteworthy. The significant changes in Merck & Co Inc and Honeywell Intl Inc holdings could also suggest confidence in their future prospects. These changes reflect the current state of the market and demonstrate the importance of staying up-to-date with industry trends and company performance.