M&G Investment Management Ltd Q3 2022 vs. Q4 2022 13F Holdings Comparison

The third quarter of 2022 proved to be a dynamic period for M&G Investment Management Ltd, with significant changes in holdings across multiple sectors. From major corporations like Microsoft to energy giants such as Oneok Inc, the asset manager's purchases and sales revealed a shrewd investment strategy in uncertain times.

One of the more notable changes was the 34.2% increase in holdings of Ferguson PLC New, raising their total shares from 387,191 to 432,191. Despite a 0.4% dip in Burford Cap Ltd shares, M&G still maintained a significant holding, with 1,678,665 shares. Moving to the tech sector, the investment manager bought an additional 6.4% worth of Microsoft Corp shares, amounting to 2,940,048 in total.

The report also showed M&G's increased interest in the energy sector, with a 17.1% boost in Methanex Corp shares and a 27.8% increase in Trinseo PLC's. However, they sold 7.9% of AES Corp's shares, taking their total holdings down to 4,017,125.

Despite some losses, M&G maintained noteworthy investments in key companies. Their shares in Crown Castle Inc rose 28%, while UnitedHealth Group Inc increased by 2%. In terms of finance, JPMorgan Chase & Co shot up by 60.4% in total shares, with M&G buying further into its holdings.

The investment manager took a 29.4% position in Comcast Corp New, buying an additional 266,620 shares. It was a busy period for M&G, with many changes to the stock portfolio. With greater investments in some sectors and divestment from others, their strategy appears geared toward balancing risk and reward.

Overall, M&G's third quarter saw holdings fluctuate more significantly than previous quarters, a reflection of the current market climate. Nevertheless, the asset manager demonstrated its continued interest in the energy, tech, and finance sectors with strategic investments and divestments.