Ami Investment Management Inc Q3 2023 vs. Q4 2023 13F Holdings Comparison

Introduction:

In this blog post, we will compare the holdings of Ami Investment Management Inc in the third quarter (Q3) of 2023 with the fourth quarter (Q4) of 2023. This comparison will provide insights into the changes in the company's investment portfolio, including the percentage change in shares and the value of the holdings. We will analyze the top holdings and discuss the potential reasons behind the changes.

Holdings Comparison:

1. VANGUARD SCOTTSDALE FDS (VGSH):

- In Q3 2023, Ami Investment Management Inc held 437,300 shares of VGSH, with a value of $25,188,000.

- In Q4 2023, the number of shares increased to 490,265, representing a 13.5% change. The value also increased to $28,597,000.

2. VANGUARD WORLD FDS (VGT):

- Ami Investment Management Inc held 49,502 shares of VGT in Q3 2023, valued at $20,543,000.

- The number of shares increased to 50,546 in Q4 2023, representing a 19.1% change, with a value of $24,464,000.

3. VANGUARD SCOTTSDALE FDS (VCSH):

- In Q3 2023, Ami Investment Management Inc held 164,581 shares of VCSH, valued at $12,368,000.

- The number of shares slightly increased to 166,287 in Q4 2023, representing a 4% change. The value increased to $12,865,000.

4. VANGUARD SCOTTSDALE FDS (VGIT):

- Ami Investment Management Inc held 148,712 shares of VGIT in Q3 2023, valued at $8,498,000.

- The number of shares increased to 156,683 in Q4 2023, representing a 9.4% change, with a value of $9,294,000.

Analysis of Top Holdings:

1. Microsoft Corporation (MSFT):

- Ami Investment Management Inc held 24,390 shares of MSFT in Q3 2023, valued at $7,701,000.

- The number of shares slightly increased to 24,715 in Q4 2023, representing a 20.7% change. The value increased to $9,293,000.

- The increase in holdings of Microsoft Corporation could be due to the company's strong performance and positive market outlook. Microsoft is a technology giant known for its software and cloud services.

2. DoubleLine ETF Trust:

- Ami Investment Management Inc did not hold any shares of DoubleLine ETF Trust in Q3 2023.

- In Q4 2023, the company acquired 179,673 shares, with a value of $8,892,000.

- The significant increase in holdings indicates Ami Investment Management Inc's interest in the ETF trust, possibly due to its potential for diversification and returns.

3. Alphabet Inc (GOOG):

- Ami Investment Management Inc held 55,520 shares of GOOG in Q3 2023, valued at $7,320,000.

- The number of shares decreased to 51,550 in Q4 2023, representing a 0.8% change, with a value of $7,264,000.

- The slight decrease in holdings of Alphabet Inc might be attributed to profit-taking or portfolio rebalancing. As the parent company of Google, Alphabet Inc is a global technology company with diverse business segments.

4. JPMorgan Chase & Co (JPM):

- Ami Investment Management Inc held 38,199 shares of JPM in Q3 2023, valued at $5,539,000.

- The number of shares slightly decreased to 37,915 in Q4 2023, representing a 16.4% change. The value increased to $6,449,000.

- The decrease in holdings of JPMorgan Chase & Co might be due to strategic adjustments within the portfolio. JPMorgan Chase & Co is a leading financial services company.

Conclusion:

The comparison of Ami Investment Management Inc's holdings in the third quarter of 2023 with the fourth quarter of 2023 provides valuable insights into the company's investment decisions. The increase in holdings of Vanguard funds and other prominent companies like Microsoft Corporation and JPMorgan Chase & Co suggests a positive outlook on these securities. The slight decrease in Alphabet Inc's holdings might be a result of portfolio rebalancing. It is important to note that the changes in holdings can be influenced by various factors, including market conditions and the company's investment strategy.