Insights into Fiera Capital's Q3-Q4 2022 13F holdings report: Changes in positions, growth focus, and investment strategy.

Investors often analyze quarterly fund holdings to determine changes in market trends, new positions, and strategy shift. Fiera Capital, a Canadian investment management company shared its Q3 2022 and Q4 2022 13F holdings report on Securities and Exchange Commission's website. The report revealed several changes in positions in its portfolio, offering insights into the company's investment choices.

The Q3 2022 and Q4 2022 13F holdings report by Fiera Capital showed that the fund changed its holdings in several stocks. For instance, Fiera Capital decreased its position in Alphabet Inc. (GOOGL) by 5.3%, reducing Q3 2022 shares from 17,405,953 to 16,061,803 in Q4 2022. The value of the shares held by Fiera Capital in Alphabet Inc. during Q3 2022 was $1,496,497, which decreased to $1,417,132 in Q4 2022.

On the other hand, Fiera Capital increased its shares in Microsoft Corp. (MSFT), decreasing the holding by 2.6% from 8,235,871 shares in Q3 2022 to 7,965,091 shares in Q4 2022. However, the value of Microsoft's shares increased from $1,733,766 in Q3 2022 to $1,910,188 in Q4 2022, indicating Fiera Capital's positive sentiment towards the stock.

Similarly, Fiera Capital increased its shares in Mastercard Inc. (MA) by 30.1% from 4,011,529 shares in Q3 2022 to 3,832,685 shares in Q4 2022. The value of the shares also increased by 30.1%, from $1,024,061 in Q3 2022 to $1,332,739 in Q4 2022.

In contrast, Fiera Capital decreased its position in Waste Connections Inc. (WCN) barely by 0.8%, reducing Q3 2022 shares from 1,946,911 to 1,944,041 in Q4 2022. The value also decreased slightly by 0.8%, from $255,931 in Q3 2022 to $257,883 in Q4 2022.

Fiera Capital also sold all its shares in Brookfield Corp. (BN.TO) in Q3 2022 and increased its position in Descartes Systems Group Inc. (DSG.TO) by 17.2% from 1,979,593 shares in Q3 2022 to 2,061,170 shares in Q4 2022. The value of the shares also increased by 17.2%, from $122,666 in Q3 2022 to $143,794 in Q4 2022.

From the Q3 2022 and Q4 2022 13F holdings report, it is clear that Fiera Capital is focusing on growth stocks, as shown in its increased holdings in stocks such as Mastercard Inc. (MA), Sherwin Williams Co. (SHW), and Mettler Toledo International (MTD), which are established companies with a record of steady growth.

Fiera Capital's decision to reduce its holdings in Alphabet Inc. (GOOGL) and increase its shares in Microsoft Corp. (MSFT) could suggest the fund's preference for Microsoft's growth prospects over Alphabet's. Microsoft's valuations were also attractive to Fiera Capital, given that its value increased despite a slight reduction in its shares.

Similarly, Fiera Capital's divestment of all shares in Brookfield Corp. (BN.TO) points to the fund's lack of confidence in the stock's performance, while the increased holdings in Descartes Systems Group Inc. (DSG.TO) indicate Fiera Capital's positive outlook for the stock's growth potential.

Finally, Fiera Capital's Q3 2022 and Q4 2022 13F holdings report proves the fund's focus on achieving consistent, long-term growth through its investment strategy. Fiera Capital's increased positions in several growth stocks, with proven track records of growth, are a testament to the company's commitment to creating long-term value for its clients.