Stoneridge Investment Partners LLC Q4 2022 vs. Q1 2023: Analyzing the Holdings Comparison

Investment management is a constantly evolving field, with trends and strategies changing frequently. One such aspect is the 13F filings, which are required by the Securities and Exchange Commission (SEC) for any institutional investment managers with assets above $100 million. Stoneridge Investment Partners LLC recently released their Q4 2022 and Q1 2023 13F holdings, and the data sheds some light on the changes within their portfolio.

Microsoft vs. Apple: A Tale of Two Tech Giants

Stoneridge's top two holdings, both tech giants, experienced different outcomes. Microsoft (MSFT) decreased from 51,909 shares in Q4 2022 to 45,344 shares in Q1 2023, with a slight increase in value. Meanwhile, Apple (AAPL) held relatively steady at approximately 78,000 shares, but with a significant increase in value from $10,143 in Q4 to $12,598 in Q1 - a 24.2% jump.

Johnson & Johnson's Jump and The Amazon Effect

Johnson & Johnson (JNJ) increased from 38,737 in Q4 to 54,333 in Q1, with a 23.1% increase in value. Amazon (AMZN) dropped significantly in share count - from 92,180 in Q4 to 66,422 in Q1 - leading to an 11.4% decrease in value.

PNC Financial Services: The Biggest Winner

PNC Financial Services Group (PNC) experienced an 84.2% increase in share count, from 16,557 to 37,904, leading to an increase in value from $2,615 to $4,818. This significant jump can be attributed to the recent merger with BBVA USA, resulting in a significantly increased position for PNC.

Medtronic and Zimmer Biomet: Opposite Trajectories

Medtronic (MDT) saw a significant decrease in share count, from 61,935 to 44,585, resulting in a 25.3% decrease in value. On the other hand, Zimmer Biomet (ZBH) experienced a 24.3% drop in value, due to a decreased share count from 41,278 to 30,837 - showcasing opposing trends in the medical industry.

The Walt Disney Co. Takes a Big Hit

The Walt Disney Company (DIS) experienced a sharp and surprising decrease in share count from 40,156 in Q4 to 18,115 in Q1, with a corresponding 48% drop in value.

Other Notable Changes

Other notable changes in Stoneridge's holdings include an 899.7% increase in value for Cigna (CI) due to increased share count, a 453.1% jump for Regions Financial (RF) for the same reason, and a 288.7% increase for WR Berkley (WRB) due to a significant increase in share count.

Overall, Stoneridge's Q4 2022 and Q1 2023 13F holdings showcase mixed outcomes, with some companies experiencing significant gains while others face notable setbacks. The changes provide valuable insight into market patterns and investment strategies and help investors make informed decisions based on thorough analysis of the market.