Is Kayne Anderson Rudnick Investment Management's Q3 2022 vs. Q4 2022 Holdings Comparison A Sign of Change?

Kayne Anderson Rudnick Investment Management LLC recently filed its Form 13F with the SEC. The form includes a list of the firm's holdings at the end of Q3 2022 and Q4 2022. Comparing the two reports, we can see some interesting changes in the firm's investment strategy. With holdings of 50 stocks valued at over $100 million, the firm's portfolio covers a wide range of sectors, including technology, healthcare, finance, and consumer goods.

In this article, we'll take a closer look at Kayne Anderson Rudnick Investment Management LLC's Q3 2022 vs. Q4 2022 13F holdings comparison. We'll examine the top holdings and sectors, identify trends in the firm's investment strategy, and consider what this might mean for investors.

Top Holdings

At the end of Q4 2022, Interactive Brokers (IBKR) was the largest holding, accounting for 7.2% of the portfolio. This was followed by Landstar Systems (LSTR) at 6.7%, and Fox Factory Holding (FOXF) at 6.1%. The portfolio's top holdings remained relatively stable between Q3 2022 and Q4 2022. Interactive Brokers, the portfolio's largest holding, witnessed a small decrease of 4.1% in shares. Meanwhile, Landstar Systems increased its position by 10.8%, and Fox Factory Holding increased its position by 7.6%.

Sectors

Kayne Anderson Rudnick Investment Management's portfolio was diversified across various sectors. The technology sector accounted for the largest share of the portfolio, at 24.4%, followed by finance at 16.7%, healthcare at 16.2%, and consumer goods at 10.7%. The firm's largest sector position, technology, witnessed a decrease of 2.4% between Q3 2022 and Q4 2022. Meanwhile, other sectors such as healthcare and consumer goods witnessed an increase in their position.

Trends in Investment Strategy

The changes in Kayne Anderson Rudnick Investment Management's portfolio suggest some trends in the firm's investment strategy. For example, the firm seems to be reducing its position in the technology sector while increasing its holdings in healthcare and consumer goods. Additionally, the firm seems to be taking a long-term investment approach, as evidenced by its relatively stable top holdings between Q3 2022 and Q4 2022.

What This Means for Investors

Kayne Anderson Rudnick Investment Management LLC's Q3 2022 vs. Q4 2022 13F holdings comparison provides valuable insights into the firm's investment strategy. Investors can use this information to consider the firm's sectoral and stock-specific bets while reviewing their portfolios. While it is important to note that the 13F filings provide only a snapshot of a firm's holdings at a particular time, it can be useful to investors who can use the information to identify investment trends and make better-informed investment decisions.