Comparing Fort Pitt Capital Group's Q3 2022 and Q4 2022 13F Holdings: The Winners and Losers

Fort Pitt Capital Group, LLC is a registered investment advisory firm that specializes in value investments. The firm's focus on value investing has allowed it to outperform the market over the years. Fort Pitt's recent 13F filings reveal that the firm has made some significant changes in its portfolio during Q3 and Q4 2022. In this blog post, we will analyze Fort Pitt's Q3 and Q4 13F holdings and highlight the winners and losers.

Schwab Strategic TR (SCHG) - Winner

Schwab Strategic is the winner of Fort Pitt's Q3 and Q4 2022 13F holdings. The firm increased its holdings in Schwab Strategic by 1.2%. The Q3 2022 holdings were 2,259,229 shares, which increased to 2,297,348 shares in Q4 2022. The value of these shares also increased from $126,088,000 to $127,640,000.

Gallagher Arthur J & Co (AJG) - Winner

Gallagher Arthur J & Co is another winner in Fort Pitt's Q3 and Q4 13F holdings. The firm increased its holdings in Gallagher Arthur J & Co by 8.3%. The Q3 2022 holdings were 520,306 shares, which decreased to 511,567 shares in Q4 2022. The value of these shares increased from $89,087,000 to $96,450,000.

Microsoft Corp (MSFT) - Loser

Microsoft Corp is one of the losers in Fort Pitt's Q3 and Q4 13F holdings. The firm decreased its holdings in Microsoft Corp by 2.8%. The Q3 2022 holdings were 342,042 shares, which decreased to 341,431 shares in Q4 2022. The value of these shares increased from $79,662,000 to $81,882,000.

Abbott Labs (ABT) - Winner

Abbott Labs is another winner in Fort Pitt's Q3 and Q4 13F holdings. The firm increased its holdings in Abbott Labs by 14.4%. The Q3 2022 holdings were 696,051 shares, which increased to 702,020 shares in Q4 2022. The value of these shares also increased from $67,350,000 to $77,074,000.

Apollo Global Mgmt Inc (APO) - Winner

Apollo Global Mgmt Inc is the top winner in Fort Pitt's Q3 and Q4 13F holdings. The firm increased its holdings in Apollo Global by 38.3%, making the stock one of Fort Pitt's top holdings. The Q3 2022 holdings were 1,115,842 shares, which increased to 1,125,090 shares in Q4 2022. The value of these shares also increased from $51,887,000 to $71,769,000.

Final Thoughts

Fort Pitt Capital Group, LLC has made some significant changes in its Q3 and Q4 2022 13F holdings. The winners of Fort Pitt's holdings include Schwab Strategic, Gallagher Arthur J & Co, Abbott Labs, and Apollo Global Mgmt Inc. On the other hand, Microsoft Corp is the only loser in the portfolio. It remains to be seen whether these changes will lead to better returns for Fort Pitt investors in the coming years.