Investment Giant Spears Abacus Advisors LLC Q3 2022 vs. Q4 2022 Quarter Review

As the saying goes, knowledge is power. In the finance world, investors want to know what the big players are doing to make informed decisions. One way investors gain insight into these moves is through the Securities and Exchange Commission's Form 13F filings. These filings disclose the holdings of institutional investment managers with at least $100 million in equity assets under management. Let's take a closer look at the Q3 2022 vs. Q4 2022 13F holdings comparison of the renowned investment giant Spears Abacus Advisors LLC.

Spears Abacus Advisors LLC is a New York-based investment management firm co-founded by W.W. Spears III and William Abacus. The company has been in operation since 1987 and manages over $20 billion in assets. They're known for their conservative investment philosophy and long-term investment approach. Here are some of the key takeaways from the Q3 2022 vs. Q4 2022 13F holdings comparison for Spears Abacus Advisors LLC.

Microsoft Corporation (MSFT)

Microsoft has been one of the most valuable companies in the world for years. Spears Abacus Advisors LLC owns 379,335 shares of MSFT, worth $90,972,000. The company did not buy or sell any shares, maintaining their position in the tech giant.

Thermo Fisher Scientific Inc (TMO)

Thermo Fisher Scientific is an American company that provides scientific research services. Spears Abacus Advisors LLC reduced its holdings of TMO by 3.7% in Q4, owning 107,709 shares worth $59,314,000. The company sold 4,061 shares during the quarter.

Apple Inc (AAPL)

Apple Inc is a technology company that designs, manufactures, and sells consumer electronics. Spears Abacus Advisors LLC sold 11,256 shares of AAPL or 2.3% of their position, owning 450,687 shares worth $58,557,000. The company sold off approximately $5.18 million worth of AAPL in the quarter.

Chubb Limited (CB)

Chubb Limited is a multinational insurance company. Spears Abacus Advisors LLC increased its holdings of CB by 1% in Q4, owning 220,209 shares worth $48,578,000. The company bought 2,354 shares during the quarter.

Oracle Corporation (ORCL)

Oracle Corporation is a technology company that provides database management systems. Spears Abacus Advisors LLC increased its holdings of ORCL by 6.86%, owning 461,373 shares worth $37,712,000. The company bought 29,369 shares during the quarter.

Danaher Corporation (DHR)

Danaher Corporation is a science and technology company. Spears Abacus Advisors LLC reduced its holdings of DHR by 5.5%, owning 134,738 shares worth $35,762,000. The company sold 7,843 shares during the quarter.

Aon PLC (AON)

AON PLC is a global insurance brokerage and consulting firm. Spears Abacus Advisors LLC reduced its holdings of AON by 1.6%, owning 117,694 shares worth $35,324,000. The company sold 1,906 shares during the quarter.

Intercontinental Exchange Inc (ICE)

Intercontinental Exchange is a global exchange operator. Spears Abacus Advisors LLC reduced its holdings of ICE by 1.65%, owning 330,467 shares worth $33,902,000. The company sold 5,539 shares during the quarter.

Berkshire Hathaway Inc (BRK-A)

Berkshire Hathaway is a diversified conglomerate with holdings in a wide range of industries. Spears Abacus Advisors LLC did not own any BRK-A stock in Q3 but bought five shares worth $2,343,000 in Q4.

Comcast Corporation (CMCSA)

Comcast Corporation is a media and telecommunications company. Spears Abacus Advisors LLC increased its holdings of CMCSA by 8.55%, owning 757,389 shares worth $26,485,000. The company bought 59,899 shares during the quarter.

The data presented above is solely based on the 13F filings of Spears Abacus Advisors LLC and cannot be used to infer any ongoing transaction or investment. Although the information presented isn't exhaustive, it gives investors a good overview of how Spears Abacus Advisors LLC has maneuvered its investment portfolio over the past two quarters.