Comparing Stokes Capital Advisors 13F Holdings Q4 2022 vs. Q1 2023

Stokes Capital Advisors has released their 13F filings for Q4 2022 and Q1 2023, showcasing their latest holdings and investment moves. The information provides a glimpse into the investment strategies of the firm and can offer valuable insights for investors looking to make informed decisions. Here, we break down the data and analyze the changes in Stokes Capital Advisors' holdings.

Top Holdings

Looking at the top holdings by value, there are not many surprises. Microsoft and Apple remain the top two holdings in Q1 2023, with little change in the number of shares held by the firm. Vanguard Specialized Funds, TJX Cos Inc new, and UnitedHealth Group Inc round out the top five holdings. However, there were a few changes worth noting.

McDonald's Corp saw an increase of 4.8% in shares held, while Procter and Gamble Co decreased by 0.9%. Additionally, Stryker Corporation saw a massive increase of 71.7% in shares held, making it a top 20 position for Stokes Capital Advisors. It's worth noting that Sherwin Williams Co, Honeywell Intl Inc, and Home Depot Inc all saw a drop in value, signaling a potential shift in investment strategy away from those sectors.

New Positions

One of the most exciting aspects of the 13F filings is seeing which new positions firms have taken in the last quarter. Stokes Capital Advisors' new positions for Q1 2023 included NextEra Energy Inc, Cheniere Energy Inc, and American Tower Corp. NextEra Energy is the world's largest producer of wind and solar energy, making it a noteworthy addition to Stokes Capital Advisor's portfolio, showcasing the firm's growing interest in sustainable energy.

Sales

While many investors focus on new positions taken by firms, it's worth noting which stocks were sold. The holdings sold by Stokes Capital Advisors included Roper Technologies, Inc and Amgen Inc. The sales of these stocks can signal a shift in the firm's investment strategy, either moving on from the sector or choosing to invest in other stocks they believe have higher potential.

Conclusion

Investors should always keep an eye on 13F filings to gain insights into firms' investment strategies. Stokes Capital Advisors' 13F filings for Q4 2022 vs. Q1 2023 showcase new positions the company has taken, stocks sold, and changes to top holdings. While it's essential to note changes in the portfolio, it's crucial to keep in mind that these holdings are only a snapshot of Stokes Capital Advisors' investment strategy. These holdings are from over six months ago and may not represent the firm's current positions.