Investment Insights: Cypress Capital Management LLC Q3 Vs. Q4 Holdings

Cypress Capital Management LLC, a reputed investment management firm, has shown a great shift in their investment portfolios as reported in their Q3 2022 and Q4 2022 13F fillings. This analysis reveals the percentage change in stocks held by the fund over the quarter, and give investors insights into the management’s decision-making process. Here’s an overview of the most considerable changes:

Microsoft Corp (MSFT)

Cypress Capital Management LLC has recently sold about 119,244 shares in MSFT, freeing up $27,772,000 in value. This is a considerable shift from Q3 2022 when the portfolio had invested several million dollars in Microsoft. This move seems to be a reduction of exposure in the tech industry, given the recent price volatility.

Alphabet Inc (GOOGL)

Another key holding by Cypress Capital Management LLC was Alphabet Inc, which held over 181,515 shares in Q3 2022. In Q4 2022, this position was completely divested. This move is likely a strategic decision, as the 12-month trading price of the stock has gained about 100% in value, and the management could have felt windfall gains have been realized.

Merck & Co Inc (MRK)

Cypress Capital Management LLC held 191,976 shares in Merck & Co Inc in Q3 2022. This position was divested completely in Q4 2022. This means the management has decided to liquidate this stock. Perhaps the gains realized from Merck and associated stocks this quarter have been deemed to have reached their limit.

Berkshire Hathaway Inc Del (BRK-B)

Another significant portfolio holding by Cypress Capital Management LLC was in the Berkshire Hathaway Inc Del Class B shares. This position worth $16,217,000 during Q3 2022 was entirely closed in Q4 2022. This is especially notable, given that Warren Buffet, the Chairman for Berkshire Hathaway, is known to be a legend for value-seeking investors.

Danaher Corporation (DHR)

During Q3 2022, Cypress Capital Management LLC invested in Danaher Corporation by purchasing over 59,001 shares amounting to $15,239,000 shareholding. Compared to this, no shares were held during Q4 2022. This divestiture of shares could mean the management has decided to channelize their investment elsewhere after realizing profitability or risk.

Final Verdict

Overall, Cypress Capital Management LLC appears to be restructuring its investment portfolio, moving away from tech and other risk-laden sectors to cash in on gains it has made on specific stocks and sectors. These insights from their Q3 vs. Q4 filings can help shape the investment decisions of investors looking to invest in the same companies. While the past performance of a stock should have some influence on future investment decisions, investors should nonetheless conduct their due diligence before investing in a stock.