Bourne Lent Asset Management Inc Q3 2023 vs. Q4 2023 13F Holdings Comparison

Investment management is a complex field that requires constant monitoring and analysis of market trends. One important tool that helps in this process is the Form 13F, which provides crucial insights into the holdings of institutional investment managers. In this article, we will delve into the changes in holdings of Bourne Lent Asset Management Inc in the third and fourth quarters of 2023.

Adobe Inc (ADBE)

Bourne Lent Asset Management Inc increased their holdings in Adobe Inc by 5.8%, from 57,914 shares in Q3 2023 to 61,248 shares in Q4 2023. The value of their holdings also saw a significant increase, from $29,530,000 to $36,540,000, reflecting a 23.7% change. This suggests a growing confidence in the company's prospects.

Microsoft Corp (MSFT)

Bourne Lent Asset Management Inc maintained their holdings in Microsoft Corp, with no change in the number of shares held. However, the value of their holdings increased by 18.5%, from $25,221,000 to $29,886,000. This indicates a positive sentiment towards the tech giant and its market performance.

Apple Inc (AAPL)

Apple Inc witnessed a decrease in Bourne Lent Asset Management Inc's holdings, with shares dropping from 159,777 in Q3 2023 to 135,647 in Q4 2023, representing a 15.1% decline. The value of their holdings also saw a slight decrease, from $27,355,000 to $26,116,000, reflecting a 4.5% change. This could be attributed to various factors, including profit-taking or a reassessment of the company's future prospects.

Idexx Labs Inc (IDXX)

Bourne Lent Asset Management Inc increased their holdings in Idexx Labs Inc by a significant 14.7%, from 33,896 shares in Q3 2023 to 38,899 shares in Q4 2023. The value of their holdings also experienced a substantial growth, from $14,821,000 to $21,590,000, representing a 45.7% change. This indicates a strong belief in the company's potential for growth.

Alphabet Inc (GOOG)

Alphabet Inc, the parent company of Google, witnessed a negligible change in the holdings of Bourne Lent Asset Management Inc. The number of shares held by the company remained relatively stable, with a slight decline from 127,280 in Q3 2023 to 126,465 in Q4 2023. The value of their holdings also saw a minor fluctuation, dropping from $16,781,000 to $17,822,000, reflecting a 6.2% change.

Intuitive Surgical Inc (ISRG)

Bourne Lent Asset Management Inc held almost the same number of shares in Intuitive Surgical Inc, with a marginal decrease from 28,229 shares in Q3 2023 to 28,064 shares in Q4 2023. However, the value of their holdings increased from $8,251,000 to $9,467,000, representing a 14.7% change. This suggests a positive outlook for the company's innovative surgical technologies.

Bristol-Myers Squibb Co (BMY)

Bourne Lent Asset Management Inc decreased their holdings in Bristol-Myers Squibb Co by 8.9%, from 184,991 shares in Q3 2023 to 168,257 shares in Q4 2023. The value of their holdings also witnessed a decline, from $10,736,000 to $8,633,000, reflecting a 19.6% change. This could be a result of various factors, including a reassessment of the company's financials or a shift in investment strategy.

Quanta Services Inc (PWR)

Quanta Services Inc observed a marginal decrease in the holdings of Bourne Lent Asset Management Inc. The number of shares held by the company dropped slightly from 38,720 in Q3 2023 to 38,470 in Q4 2023, representing a 0.6% decline. The value of their holdings, however, saw a modest increase, from $7,243,000 to $8,301,000, reflecting a 14.6% change.

Paychex Inc (PAYX)

Bourne Lent Asset Management Inc maintained their holdings in Paychex Inc, with no change in the number of shares held. The value of their holdings also remained stable, with a slight increase from $6,779,000 to $7,001,000, representing a 3.3% change. This suggests confidence in the company's performance and future prospects.

Cisco Systems Inc (CSCO)

Cisco Systems Inc witnessed a significant decrease in the holdings of Bourne Lent Asset Management Inc. The number of shares held by the company dropped by 15.3%, from 137,409 in Q3 2023 to 116,408 in Q4 2023. The value of their holdings also saw a decline, from $7,387,000 to $5,880,000, reflecting a 20.4% change. This indicates a revision in the investment strategy for this particular stock.

Pacific Biosciences Calif Inc (PACB)

Bourne Lent Asset Management Inc increased their holdings in Pacific Biosciences Calif Inc by a notable 2.9%, from 574,350 shares in Q3 2023 to 592,215 shares in Q4 2023. The value of their holdings also witnessed a slight increase, from $4,795,000 to $5,809,000, representing a 21.1% change. This suggests a positive outlook for the company's advancements in genomic technologies.

These are just some of the highlights of the changes in holdings of Bourne Lent Asset Management Inc in the third and fourth quarters of 2023. analyzing the Form 13F filings gives valuable insights into the investment strategies and sentiment of institutional investment managers. It is important to note that these changes reflect the decisions made by Bourne Lent Asset Management Inc and may not represent the broader market trends.