Baker Ellis Asset Management LLC Q2 2023 vs. Q3 2023 13F Holdings Comparison

In the ever-evolving world of finance, staying ahead of the game is crucial for asset management firms. One such firm that has been making waves in the industry is Baker Ellis Asset Management LLC. With their recent Q2 2023 and Q3 2023 13F holdings comparison, they have showcased their ability to adapt and make strategic investment decisions.

Let's delve deeper into the changes in their holdings and the implications they have for investors.

Vanguard Index FDS (VTI):

Baker Ellis Asset Management LLC has decreased its holdings in Vanguard Index FDS by 5.5%. In terms of shares, the firm held 259,882 in Q2 2023, which decreased to 254,665 in Q3 2023. The value of their holdings also decreased from $57,246,000 to $54,093,000. While these changes may seem insignificant, they demonstrate the firm's dedication to optimizing their portfolio.

Berkshire Hathaway Inc Del (BRK-B):

Contrary to their decrease in VTI holdings, Baker Ellis Asset Management LLC increased their holdings in Berkshire Hathaway Inc Del by 4.6%. The number of shares held went up from 62,799 in Q2 2023 to 63,964 in Q3 2023. The value of their holdings also increased from $21,414,000 to $22,406,000. This shows the firm's confidence in Berkshire Hathaway's growth potential.

Microsoft Corp (MSFT):

Another slight decrease in holdings can be observed in Baker Ellis Asset Management LLC's investment in Microsoft Corp. Their holdings decreased by 7.4%, with the number of shares going from 53,545 in Q2 2023 to 53,451 in Q3 2023. The value of their holdings also decreased from $18,234,000 to $16,877,000. Despite this decrease, Microsoft remains a prominent player in the tech industry, and Baker Ellis Asset Management LLC's decision may reflect their assessment of market conditions.

Vanguard Whitehall FDS (VYM):

Baker Ellis Asset Management LLC showed a decrease in their holdings in Vanguard Whitehall FDS by 3.6% from Q2 2023 to Q3 2023. The number of shares held went down from 164,523 to 162,760 during this period. The value of their holdings also experienced a decrease from $17,450,000 to $16,816,000. This decrease could be a result of a strategic reallocation of assets.

Vanguard World FDS (VGT):

Baker Ellis Asset Management LLC made a 7.9% decrease in their holdings in Vanguard World FDS. The number of shares held decreased from 37,223 in Q2 2023 to 36,543 in Q3 2023. The value of their holdings also went down from $16,458,000 to $15,161,000. This decrease could be driven by various factors, including the firm's assessment of market conditions or portfolio rebalancing.

Schwab Strategic TR (SCHD):

Baker Ellis Asset Management LLC's holdings in Schwab Strategic TR experienced a marginal decrease of 1.5%. The number of shares held went from 183,606 in Q2 2023 to 185,553 in Q3 2023. The value of their holdings also slightly decreased from $13,333,000 to $13,129,000. This marginal decrease might reflect minor adjustments to their portfolio composition.

Goldman Sachs ETF TR (GBIL):

Baker Ellis Asset Management LLC made a minimal decrease of 0.8% in their holdings in Goldman Sachs ETF TR. The number of shares held decreased from 127,443 in Q2 2023 to 126,378 in Q3 2023. The value of their holdings also experienced a slight decrease from $12,753,000 to $12,651,000. This decrease might be attributed to the firm's assessment of market conditions and risk management strategies.

iShares TR (IBTE):

Baker Ellis Asset Management LLC significantly increased its holdings in iShares TR by 10%. The number of shares held went up from 412,570 in Q2 2023 to 453,253 in Q3 2023. The value of their holdings increased from $9,819,000 to $10,805,000. This substantial increase in holdings demonstrates the firm's confidence in the iShares TR and their bullish outlook for the future.

Vanguard Index FDS (VOO):

In contrast to their increase in holdings in iShares TR, Baker Ellis Asset Management LLC decreased their holdings in Vanguard Index FDS by 4%. The number of shares held went down from 27,598 in Q2 2023 to 27,468 in Q3 2023. The value of their holdings also decreased from $11,239,000 to $10,786,000. This decrease might be attributed to the firm's reallocation of assets or a change in investment strategy.

John Hancock Exchange Traded (JHMM):

Baker Ellis Asset Management LLC decreased their holdings in John Hancock Exchange Traded by 6.2% from Q2 2023 to Q3 2023. The number of shares held went from 222,979 to 219,563 during this period. The value of their holdings also decreased from $11,079,000 to $10,389,000. This decrease might reflect the firm's reassessment of their investment in John Hancock Exchange Traded.

In conclusion, Baker Ellis Asset Management LLC's Q2 2023 vs. Q3 2023 13F holdings comparison showcases their ability to adapt and make strategic investment decisions. While they made some decreases in their holdings, they also demonstrated confidence by increasing their holdings in certain assets. These changes may reflect the firm's reallocation strategies, assessment of market conditions, and their commitment to optimizing their portfolio. As an investor, it's important to stay informed about such changes to understand the dynamics of the market and make informed decisions about your own investment portfolio.