Cardinal Capital Management Q4 2022 vs. Q1 2023: Holdings Comparison

Cardinal Capital Management’s recent 13F filings show a comparison between their holdings from Q4 2022 to Q1 2023. The report provides insight into the largest gains and losses in market shares and value for Cardinal. Here, we will take a deeper look at the key takeaways from the report, as these figures can impact the financial future of the companies listed.

Microsoft Corp

In the Q4 2022 to Q1 2023 period, Microsoft Corp experienced a loss of 2,023 shares, reducing its total shares to 52,668. However, the value of their holdings increased by $2,308,000, raising their total value to $15,184,000. This means the company experienced an overall gain of 17.9% in Cardinal’s portfolio.

Exxon Mobil Corp

Exxon Mobil Corp saw a decrease in both value and shares in Cardinal’s portfolio. They lost 2,953 shares, bringing their total to 107,442. Additionally, the value of their holdings went down by $284,000, bringing it to a total of $11,782,000. This represents a 2.4% decrease in Cardinal’s portfolio.

Deere & Co

Deere & Co faced a loss in market shares and value as well. Cardinal reduced their shares by 484 in Q1, bringing the total number of shares to 25,547. The value of their holdings has also decreased by $582,000, lowering it to $10,579,000. There has been a 5.2% decrease in Cardinal’s portfolio in this regard.

Qualcomm Inc

The Q1 2023 period has seen an increase in market share and value for Qualcomm Inc. The total shares for the company in Cardinal’s portfolio have increased by 787 to 58,563, while the value has gone up by $1,120,000 to $7,471,000. This represents a positive change of 17.6%.

International Business Machs

International Business Machs witnessed a decrease in both value and shares across Cardinal’s portfolio. The total shares have gone down by 471 to 39,229. Furthermore, the value of their holdings in Cardinal’s portfolio has reduced by $318,000, decreasing it to $5,142,000. This has resulted in a loss of 5.8%.

Conclusion

The data from Cardinal Capital Management’s recent 13F filings gives us an overview of the holdings for Q4 2022 to Q1 2023. As seen, companies such as Microsoft Corp and Qualcomm Inc have experienced gains while Exxon Mobil Corp and Deere & Co have seen a decrease in their shares and value. By analyzing these figures, investors can gain insight into potential opportunities and risks of investing in these companies. It’s important to note that the figures from these filings can change quickly, making it essential for investors to stay updated and informed.