Bourgeon Capital Management LLC Q1 2023 vs. Q2 2023 13F Holdings Comparison

Bourgeon Capital Management LLC, a renowned investment management firm, recently released its Q1 2023 and Q2 2023 13F holdings comparison. The report revealed some interesting changes in the fund's holdings for the mentioned period. In this blog post, we will delve into the details of this comparison and analyze the impact of these changes.

JPMorgan Chase & Co (JPM):

One of the notable changes in Bourgeon Capital Management LLC's portfolio is the slight decrease in their holdings of JPMorgan Chase & Co. In Q1 2023, the fund held 132,821 shares, which decreased to 130,983 shares in Q2 2023. Despite the decrease in shares, the value of the holdings increased from $17,307,000 to $19,050,000, indicating a positive change in value.

Microsoft Corp (MSFT):

Another noteworthy change in the fund's portfolio is the slight decrease in holdings of Microsoft Corp. In Q1 2023, Bourgeon Capital Management LLC held 53,005 shares, which decreased marginally to 52,806 shares in Q2 2023. However, despite the decrease in shares, the value of the holdings increased from $15,281,000 to $17,982,000.

Merck & Co Inc (MRK):

Bourgeon Capital Management LLC also made a slight decrease in their holdings of Merck & Co Inc. In Q1 2023, the fund held 143,165 shares, which decreased slightly to 142,920 shares in Q2 2023. The value of the holdings also experienced a marginal decrease from $15,231,000 to $16,491,000.

Honeywell Intl Inc (HON):

While there were minimal changes in the holdings of Honeywell Intl Inc by Bourgeon Capital Management LLC, it's worth noting that the fund's position remained relatively stable. The number of shares remained constant at 74,137 shares in both Q1 2023 and Q2 2023. The value of the holdings increased from $14,169,000 to $15,385,000, indicating a positive change in value.

Splunk Inc (SPLK):

Bourgeon Capital Management LLC made a slight decrease in their holdings of Splunk Inc. In Q1 2023, the fund held 140,995 shares, which decreased marginally to 139,408 shares in Q2 2023. Despite the decrease in shares, the value of the holdings increased from $13,518,000 to $14,789,000.

Alphabet Inc (GOOGL):

The fund also made a marginal decrease in its holdings of Alphabet Inc. In Q1 2023, Bourgeon Capital Management LLC held 119,767 shares, which decreased slightly to 119,275 shares in Q2 2023. However, despite the decrease in shares, the value of the holdings increased from $12,423,000 to $14,277,000.

Danaher Corporation (DHR):

An interesting observation can be made about Bourgeon Capital Management LLC's holdings of Danaher Corporation. In Q1 2023, the fund held 49,836 shares, which increased to 52,237 shares in Q2 2023. Despite the increase in shares, the value of the holdings remained relatively stable, with a marginal decrease from $12,560,000 to $12,536,000.

Medtronic PLC (MDT):

Another significant change in the fund's portfolio is the increase in holdings of Medtronic PLC. In Q1 2023, Bourgeon Capital Management LLC held 141,051 shares, which increased to 142,153 shares in Q2 2023. The value of the holdings also experienced a positive change, increasing from $11,371,000 to $12,523,000.

Gilead Sciences Inc (GILD):

Bourgeon Capital Management LLC made a slight decrease in their holdings of Gilead Sciences Inc. In Q1 2023, the fund held 149,104 shares, which decreased slightly to 148,357 shares in Q2 2023. The value of the holdings, however, experienced a negative change, decreasing from $12,371,000 to $11,433,000.

Teradyne Inc (TER):

One of the most significant changes in the fund's portfolio is the substantial increase in their holdings of Teradyne Inc. In Q1 2023, Bourgeon Capital Management LLC held 71,675 shares, which skyrocketed to 99,820 shares in Q2 2023. This increase in shares also translated into an increase in the value of the holdings, from $7,705,000 to $11,112,000.

These are just a few examples of the changes in the holdings of Bourgeon Capital Management LLC's portfolio. The Q1 2023 vs. Q2 2023 13F holdings comparison showcases the dynamic nature of the fund's investment strategy and its ability to adapt to market conditions.

Disclaimer: The information provided in this article is based on publicly available data and does not constitute financial advice. Investors should conduct their own research and seek the advice of a financial professional before making any investment decisions.