Cambridge Trust Co Q1 2023 vs. Q2 2023 13F Holdings Comparison

The first quarter of 2023 saw some interesting changes in the holdings of Cambridge Trust Co, according to the 13F filings. With the financial markets constantly evolving, it is crucial for investors and fund managers to stay up to date with the latest shifts in holdings. In this article, we will analyze the key changes in Cambridge Trust Co's portfolio during this period and explore the potential implications for investors.

1. Apple Inc (AAPL):

In Q1 2023, Cambridge Trust Co held 748,914 shares of Apple Inc, with a value of $123,496,000. However, in Q2 2023, their holdings increased to 750,734 shares, with a value of $145,619,000. This represents a significant increase of 17.9% in the number of shares held.

2. Microsoft Corp (MSFT):

Cambridge Trust Co also increased its holdings in Microsoft Corp. In Q1 2023, they held 381,525 shares, with a value of $109,993,000. By Q2 2023, this had risen to 392,765 shares, valued at $133,752,000. This indicates a notable increase of 21.6% in the number of shares held.

3. Alphabet Inc (GOOGL):

The holdings of Cambridge Trust Co in Alphabet Inc remained relatively stable during this period. In Q1 2023, they held 473,788 shares, valued at $49,146,000. By Q2 2023, the number of shares held slightly increased to 474,082, with a value of $56,747,000. This indicates a marginal increase of 15.5% in the value of their holdings.

4. Exxon Mobil Corp (XOM):

There was a slight decrease in Cambridge Trust Co's holdings in Exxon Mobil Corp. In Q1 2023, they held 494,155 shares, valued at $54,189,000. However, by Q2 2023, their holdings decreased to 484,623 shares, with a value of $51,975,000. This represents a decrease of 4.1% in the number of shares held.

5. Visa Inc (V):

The holdings of Cambridge Trust Co in Visa Inc experienced a slight decrease as well. In Q1 2023, they held 213,022 shares, with a value of $48,027,000. But by Q2 2023, their holdings decreased to 204,789 shares, valued at $48,633,000. This indicates a decrease of 1.3% in the number of shares held.

6. JPMorgan Chase & Co (JPM):

Cambridge Trust Co significantly reduced its holdings in JPMorgan Chase & Co during this period. In Q1 2023, they held 370,136 shares, valued at $48,232,000. However, by Q2 2023, their holdings decreased sharply to 305,427 shares, with a value of $44,421,000. This represents a substantial decrease of 7.9% in the number of shares held.

7. iShares (IVV):

Cambridge Trust Co increased its holdings in iShares during this period. In Q1 2023, they held 94,813 shares, valued at $38,975,000. By Q2 2023, their holdings rose to 99,189 shares, with a value of $44,209,000. This indicates an increase of 13.4% in the number of shares held.

8. Berkshire Hathaway (BRK-A):

The holdings of Cambridge Trust Co in Berkshire Hathaway remained relatively stable. In both Q1 2023 and Q2 2023, they held 86 shares, with values of $40,041,000 and $44,013,000, respectively.

9. Amazon.com Inc (AMZN):

Cambridge Trust Co also saw an increase in its holdings in Amazon.com Inc during this period. In Q1 2023, they held 344,265 shares, valued at $35,559,000. By Q2 2023, this had increased to 335,379 shares, with a value of $43,720,000. This represents a significant increase of 23% in the number of shares held.

10. Procter & Gamble Co/The (PG):

The holdings of Cambridge Trust Co in Procter & Gamble Co/The experienced a slight decrease. In Q1 2023, they held 299,297 shares, with a value of $44,502,000. By Q2 2023, their holdings decreased to 287,145 shares, valued at $43,571,000. This indicates a decrease of 2.1% in the number of shares held.

These are just some of the key changes in Cambridge Trust Co's holdings during the first quarter of 2023. It is important to keep in mind that the data represents a snapshot in time and is subject to change as the market fluctuates. Investors and fund managers should constantly review and assess their portfolios to ensure they are well-positioned for potential opportunities and risks.

In conclusion, the Q1 2023 vs. Q2 2023 13F holdings comparison of Cambridge Trust Co reveals interesting shifts in their portfolio. From the significant increase in holdings of Apple Inc and Microsoft Corp to the slight decreases in Visa Inc and JPMorgan Chase & Co, the changes provide valuable insights into the investment decisions made by the fund. Investors should closely monitor these changes and consider them in their own investment strategies.