Poplar Forest Capital LLC Q3 2022 vs. Q4 2022 13F Holdings Comparison

Investment firm Poplar Forest Capital LLC recently released its latest 13F filings, providing insight into the changes in holdings between Q3 2022 and Q4 2022. With a total portfolio value of $1,239,576,000, Poplar Forest Capital LLC made significant adjustments to its holdings, which could indicate a shift in investment strategy.

One of the most notable changes was the decrease in shares of United Therapeutics Corp Del, from 168,059 in Q3 to 149,459 in Q4, amounting to a reduction of 18.1%. On the other hand, the firm increased its holdings in AmerisourceBergen Corp, from 280,100 in Q3 to 237,667 in Q4, which represents a 3.9% increase. What other changes were made, and what do they mean for the investment firm?

Looking at the top ten holdings, the report showed the most significant movement came from equity funds, specifically the Vanguard Bd Index Fds and the iShares TR, showing an increase of 24.5% and 6.4%, respectively. Poplar Forest Capital LLC decreased holdings in CVS Health Corp, Dollar Tree Inc, and National Fuel Gas Co, marking a 10.6%, 5.8%, and 5.3% decrease, respectively.

It's worth noting that Poplar Forest Capital LLC bought 687,273 shares of Dow Inc, which means the firm wasn't holding any shares of the company before Q4. The firm also increased holdings in Perrigo Co PLC by 13.4%, acquiring 661,720 shares in Q4. Interestingly, Warner Bros Discovery Inc saw a significant increase of 63.6% in holdings. The firm bought 689,069 shares in Q4, compared with 420,489 shares in Q3.

The report showed that Poplar Forest Capital LLC increased its holdings in Emersion Electric Co by 31.2%. The firm bought 18,005 shares in Q4, compared with 13,705 shares in Q3. It also increased holdings in Tapecraft Inc by 22.8%, and Abbott Labs by 12.8%.

On the other hand, the firm decreased holdings in DXC Technology Co, Murphy Oil Corp and Ally Financial Inc, marking a 1.2%, 30.3%, and 21.6% decrease, respectively.

In conclusion, the latest 13F filings from Poplar Forest Capital LLC show a reallocation of investments, with the firm reducing its holdings in some companies, and at the same time moving to invest in others. The changes might indicate that the firm is shifting its investment strategy in line with market trends or is monitoring specific industries or sectors closely. Regardless, investors should take note of these adjustments to better understand the investment philosophy driving Poplar Forest Capital LLC.