Westover Capital Advisors: Q2 2022 vs. Q3 2022 Holdings and Trends

As we approach the end of Q3 2022, many investors are curious to see how various investment firms' holdings have changed since Q2 2022. One such firm is Westover Capital Advisors, LLC; a multi-billion dollar investment advisory firm based in Dallas, Texas.

Westover Capital Advisors recently filed their 13F report, detailing their holdings for Q3 2022. In comparison with their Q2 2022 report, the changes in holdings show an interesting trend. In this article, we will analyze and discuss these changes in Westover's holdings, including which securities rose in value, fell in value, and remained the same.

It's important to note that 13F reports must be filed by all institutional investors with over $100 million in assets, including investment advisors, hedge funds, and other asset managers who hold certain equity securities. These reports provide insights into the investment strategies of these firms and are often used by individual investors and analysts to gain insights into the market movements of various stocks.

Taking a closer look at Westover Capital Advisors' Q3 2022 holdings, we can see an overall increase in their holdings. The total value of their holdings is now $321,715,000, up from $316,947,000 in the Q2 2022 report. This represents an increase of 1.5% in holdings since the last report.

One notable trend in Westover's holdings is that technology stocks dominate their holdings, with Apple Inc. (AAPL) and Microsoft Corp (MSFT) being among the top holdings. Additionally, the healthcare sector is also well-represented, with UnitedHealth Group Inc. (UNH), ABBVIE Inc. (ABBV), and Abbott Laboratories (ABT) among the top holdings.

Interestingly, we can see from the report that some stocks have fallen while others have climbed in terms of holdings. One stock that saw a significant increase in Westover's holdings was PIONEER NATURAL RESOURCES CO (PXD), with holdings rising by 169.4%. This increase can most likely be attributed to strong performance in the oil and gas sector.

Another stock that saw a significant increase in Westover's holdings was Tractor Supply Company (TSCO), with holdings increasing by 6.1%. This could be due to investors' optimistic outlook on the retail sector, and particularly for home improvement and outdoor recreation products, which saw increased demand during the pandemic as people spent more time at home.

On the other hand, SPDR GOLD SHARES (GLD) saw a significant decrease in holdings (-26.3%), which is a reflection of a challenging time for gold prices and a shift in investment strategy for Westover Capital Advisors.

In conclusion, while Westover Capital Advisors' holdings have generally increased in Q3 2022, there were also some notable changes in individual stock holdings. It's crucial for investors to keep an eye on these trends to make informed decisions when it comes to their investments.