Harvey Capital Management Inc Q3 2022 vs. Q4 2022: Analyzing Fund Holdings Shifts Across Top Companies

Harvey Capital Management Inc, an investment management firm, recently filed its 13F for the third and fourth quarters of 2022. The filing reveals the company's latest holdings in publicly traded companies, reflecting the investments' market value in shares and changes in percentage. In this article, we will analyze the list of top holdings in the portfolio and the significant changes that occurred in Q3 of 2022 vs. Q4 of 2022.

Top Holdings in Harvey Capital Management Inc's Portfolio

Based on the 13F filing, Harvey Capital Management Inc's top holding is in Apple, with 128,283 shares worth $16,667,000 in Q4 2022. The company decreased its investment by 1.1% compared to the previous quarter when it held 129,725 shares worth $17,927,000.

Microsoft Corporation is the second-largest holding of the investment management company. In Q4 2022, Harvey Capital Management Inc held a total of 65,145 shares worth $15,623,000, representing an increase of 7.1% from the previous quarter when it held 62,625 shares worth $14,585,000.

Alphabet Inc (Google) holds the third spot in the portfolio, with 144,782 shares worth $12,846,000 in Q4 2022. Although the company increased its investment by 2.5% compared to the previous quarter, the market value decreased by 5.4%.

Significant Changes in Fund Holdings

Amazon.com Inc was one of the top holdings of Harvey Capital Management Inc in Q3 2022 but experienced a significant decrease in Q4 2022. The firm held 120,320 shares worth $10,106,000 compared to 125,180 shares worth $14,145,000 in Q3 2022. The decrease in investment by 28.5% could be attributed to the ongoing legal and regulatory issues that the company is facing.

Another company that experienced a significant decrease in holdings is Moderna Inc. With 2,000 shares worth $359,000 in Q4 2022, Harvey Capital Management Inc's investment decreased by 52.2% from the previous quarter when it held 2,000 shares worth $236,000. This decline in investment is notable given the ongoing COVID-19 pandemic and the significant role Moderna played in vaccine development.

Bank of America was one of the companies that Harvey Capital Management Inc increased investment in, with 199,875 shares worth $6,619,000 in Q4 2022, representing an increase of 34.1% from the previous quarter. This increase in investment is notable given the bank's continued strong performance in the market.

In conclusion, Harvey Capital Management Inc's 13F filing shows that the firm is actively managing its portfolio and making changes to its holdings based on the market and individual company performances. It is worth mentioning that 13F filings represent a snapshot of a specific moment in time and may not reflect the manager's current investment strategy. However, the previous report highlights some of the notable changes that occurred in Q3 2022 vs. Q4 2022.