Alta Capital Management LLC/ Q2 2023 vs. Q3 2023 13F Holdings Comparison

In the fast-paced world of finance, it's essential for investment firms and asset managers to stay on top of the latest trends and changes in the market. One of the ways they do this is by filing a Form 13F with the Securities and Exchange Commission (SEC). This mandatory filing provides a snapshot of a firm's holdings, including stocks, options, and other securities.

Alta Capital Management LLC is one such firm that recently filed their Q2 2023 and Q3 2023 13F Holdings Comparison. This report reveals the changes in the firm's holdings between the two quarters, giving us valuable insights into their investment strategy. Let's take a closer look at some of the key findings.

One of the most noteworthy changes in Alta Capital Management's portfolio is their decreased holdings in Apple Inc. In Q2 2023, they held 517,404 shares of Apple, with a value of $100,360,000. However, in Q3 2023, their holdings decreased to 500,683 shares, with a value of $85,721,000. This represents a significant decrease of 14.6% in their holdings of Apple stock. While we can't say for certain why Alta Capital Management reduced their holdings in Apple, it could indicate a change in their outlook for the technology giant.

Another interesting change is Alta Capital Management's increased holdings in United Health Group. In Q2 2023, they held 77,352 shares of United Health Group, with a value of $37,178,000. However, in Q3 2023, their holdings increased to 93,018 shares, with a value of $46,898,000. This represents a substantial increase of 26.1% in their holdings of United Health Group stock. This change could suggest that Alta Capital Management sees potential in the healthcare industry and is bullish on United Health Group's prospects.

Moving on, Alta Capital Management also made some adjustments to their holdings in technology giants Alphabet Inc and Microsoft Corp. In the case of Alphabet Inc, their holdings decreased from 819,225 shares in Q2 2023 to 797,205 shares in Q3 2023, representing a 6.4% decrease. Similarly, their holdings in Microsoft Corp decreased from 186,919 shares to 181,990 shares, a 9.7% decrease. These changes could indicate a shift in Alta Capital Management's focus within the technology sector.

On the other hand, Alta Capital Management increased their holdings in some companies. For instance, their holdings in Booking Holdings increased by 11.7%, while their holdings in Visa Inc increased by 5.2%. These increases may signify that Alta Capital Management finds these companies attractive and believes in their growth potential.

Overall, analyzing Alta Capital Management's Q2 2023 and Q3 2023 13F Holdings Comparison provides us with valuable insights into their investment strategy. While we can't predict the future with certainty, these changes in holdings give us a glimpse into their thinking and potential market trends. As the market continues to evolve, it will be interesting to see how Alta Capital Management's holdings and investment strategy adapt.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investing in the stock market involves risks, and readers should consult with a professional financial advisor before making any investment decisions.