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

In the fast-paced world of finance, it's crucial for investment managers to stay on top of the changes in market trends and make informed decisions for their clients. This holds true for Bridges Investment Management Inc, a prominent player in the investment management industry. Let's take a closer look at the Q3 2023 and Q4 2023 13F holdings comparison for Bridges Investment Management Inc.

Apple Inc - Retaining Stability Amidst Changing Times

One of the noteworthy holdings for Bridges Investment Management Inc is Apple Inc. In Q3 2023, Bridges Investment Management held 963,149 shares of Apple, and this number only slightly decreased to 958,322 shares in Q4 2023. Despite the small dip, the market value of the shares increased from $164,900,000 to $184,505,000, signifying an 11.9% growth.

Microsoft Corp - Navigating the Shifting Landscape

Another significant player in the Bridges Investment Management portfolio is Microsoft Corp. In Q3 2023, the firm held 435,655 shares of Microsoft, and this decreased to 417,576 shares in Q4 2023. However, the market value of the shares saw a notable increase from $137,558,000 to $157,025,000, representing a growth of 14.2%.

Amazon.com Inc - Rising to New Heights

Amazon.com Inc is yet another holding in the Bridges Investment Management portfolio that witnessed substantial growth during the compared quarters. In Q3 2023, the firm held 705,456 shares of Amazon, which decreased slightly to 697,460 shares in Q4 2023. However, the market value of the shares shot up from $89,677,000 to $105,972,000, showcasing an impressive growth of 18.2%.

Diversification and Adaptability with Bridges Investment Fund

Apart from individual stocks, Bridges Investment Management Inc also offers its clients exposure to a diversified fund managed by the firm itself. The Bridges Investment Fund saw a marginal decrease in its holdings, from 1,144,640 shares in Q3 2023 to 1,133,724 shares in Q4 2023. The market value of the fund holdings, however, remained relatively stable, with a slight increase from $99,263,000 to $105,867,000, reflecting a growth of 6.7%.

Analyzing the Shifts in the Fund

Examining specific holdings within the Bridges Investment Fund, we observe fluctuations in different company shares. For example, Vanguard FTSE Developed Market showed a decline in shares from 2,150,763 in Q3 2023 to 2,139,770 in Q4 2023. Nevertheless, the market value of the shares grew from $94,031,000 to $102,494,000, indicating a growth of 9%.

Additionally, Vanguard FTSE Emerging Markets experienced a significant decrease in shares, dropping from 2,516,902 in Q3 2023 to 2,095,075 in Q4 2023. This resulted in a decrease in market value from $98,687,000 to $86,107,000, signifying a decline of 12.7%.

Adapting to Small-Cap Opportunities

Bridges Investment Management Inc also actively invests in small-cap opportunities through the iShares Core S&P Mid Cap ETF. In Q3 2023, the firm held 279,267 shares of this ETF, and the number slightly decreased to 252,483 shares in Q4 2023. The market value remained relatively stable, with a slight decrease from $69,635,000 to $69,975,000, reflecting a 0.5% increase.

Intriguingly, the firm made significant adjustments within the same ETF, increasing its holdings from 172,713 shares in Q3 2023 to 252,483 shares in Q4 2023. This move resulted in a substantial increase in the market value from $43,065,000 to $69,975,000, showcasing a remarkable growth of 62.5%.

The Importance of Holding Diversity

Bridges Investment Management Inc achieves diversification not only by investing in different stocks and funds but also by exploring various sectors. The Union Pacific Corp Com is one example of a holding in the industrial sector. The firm held 252,900 shares in Q3 2023 and increased its allocation to 259,703 shares in Q4 2023. This adjustment led to an increase in market value from $51,498,000 to $63,788,000, signifying a growth of 23.9%.

UnitedHealth Group Inc Com, from the healthcare sector, saw a slight decrease in shares from 109,172 in Q3 2023 to 108,509 in Q4 2023. However, the market value of the shares saw a modest increase from $55,043,000 to $57,126,000, representing a growth of 3.8%.

Navigating the Ever-Changing Landscape

Investment management firms like Bridges Investment Management Inc need to constantly adapt to the dynamism of the market, making strategic adjustments to their portfolio holdings. By analyzing the changes made in the Q3 2023 and Q4 2023 13F holdings comparison, it becomes evident that Bridges Investment Management Inc is actively seeking opportunities for growth and optimizing its clients' portfolios.

Note: The data provided in this article is for informational purposes only and should not be considered financial advice.