Asset Advisors Investment Management's Q3 vs. Q4 2022 Holdings: Winners and Losers

Asset Advisors Investment Management, LLC recently released their Q3 2022 vs. Q4 2022 13F Holdings Comparison, which provides a detailed overview of the changes in the holdings of the fund. The report shows some interesting findings, with some companies experiencing gains in holdings, while others saw a decrease. In this blog post, we will explore the findings of the report and what they mean for the overall investment strategy of the fund.

Starting with the winners, Schwab Strategic TR (SCHD) saw a 13.7% increase in holdings, with the value of its shares rising from $89,508,000 to $101,797,000. Similarly, Johnson & Johnson (JNJ) saw a 7.6% increase in holdings, with the value of its shares rising from $22,964,000 to $24,712,000. Coca Cola Co (KO) also saw a significant increase in holdings, with the value of its shares rising from $20,699,000 to $23,516,000, a 13.6% increase.

Other notable companies that experienced gains in holdings include Accenture PLC Ireland (ACN), Cintas Corp (CTAS), and Waste Mgmt Inc Del (WM), with holdings increasing by 3.5%, 16%, and 3% respectively. The overall trend suggests that the fund managers are bullish on these companies, indicating that they believe there is potential for them to perform well in the future.

However, not all companies in the fund experienced a positive change in their holdings. Amazon.com Inc (AMZN) saw a decline in holdings, with the value of its shares falling from $12,707,000 to $9,176,000, a 27.8% decrease. Alphabet Inc (GOOGL) also saw a significant decrease in holdings, with the value of its shares falling from $11,210,000 to $10,082,000, a 10.1% decrease. These changes could be an indication that the fund managers are less optimistic about the future of these companies.

Other notable companies that experienced a decrease in holdings include Disney Walt Co (DIS), with the value of its shares falling from $5,424,000 to $4,072,000, a 24.9% decrease, and Nvidia Corporation (NVDA) with the value of its shares falling from $1,226,000 to $1,262,000, a 3% decrease. These changes suggest that the fund managers are taking a more cautious approach to these companies, possibly due to concerns about their future performance.

It is essential to note that changes in holdings do not necessarily reflect a change in the quality or value of the company. It is entirely possible that these companies will bounce back in the future and experience a rise in their holdings once again. Therefore, investors should take a more comprehensive approach when analyzing holdings, considering other factors such as financial performance, market trends, and competition.

In conclusion, the Q3 2022 vs. Q4 2022 13F Holdings Comparison provides a vital insight into the changes in holdings of the Asset Advisors Investment Management, LLC fund. The report shows some companies experiencing gains in holdings, while others saw a decrease, indicating that the fund managers are taking a more nuanced approach to their investment strategy. While changes in holdings are essential, they should not be the sole factor in deciding whether to invest in a company. It is essential to take a broader view that considers the overall market trends, the financial performance of the company, and other critical factors that could impact its future performance.