Carret Asset Management, LLC Q2 2023 vs. Q3 2023 13F Holdings Comparison

Introduction:

In the world of finance, tracking the changes in holdings of funds is an essential practice for investors and financial institutions. These changes provide valuable insights into the investment strategies of various companies and can greatly influence market trends. In this article, we will explore the recent changes in holdings of Carret Asset Management, LLC for the second quarter of 2023 compared to the third quarter of 2023. Let's dive into the details and uncover the implications behind these numbers.

Apple Inc (AAPL):

Apple Inc, renowned for its technological prowess and innovative products, saw a slight decline in its holdings from the second quarter to the third quarter of 2023. The number of shares held by Carret Asset Management, LLC decreased from 349,238 to 346,005, reflecting a 12.6% decline. Similarly, the value of these shares also dropped from $67,741,000 to $59,239,000. This dip in holdings may be attributed to various factors such as market volatility, investment diversification, or changes in the company's performance.

Microsoft Corp (MSFT):

Another prominent tech giant, Microsoft Corp, experienced a slight decrease in holdings during the mentioned period. Carret Asset Management, LLC held 123,159 shares in the second quarter, which decreased to 122,443 shares in the third quarter, representing a 7.8% decline. The value of these shares also dropped from $41,940,000 to $38,661,000. This decline could be a result of profit-taking or a reassessment of the company's growth potential.

Alphabet Inc CL C (GOOG):

In contrast to the previous two companies, Alphabet Inc CL C, the parent company of Google, witnessed a minor increase in holdings. Carret Asset Management, LLC held 178,682 shares in the second quarter, which increased to 176,752 shares in the third quarter, representing a 7.8% increase. The value of these shares also rose from $21,615,000 to $23,304,000. This uptick in holdings suggests a positive sentiment towards the company and a belief in its future growth prospects.

JPMorgan Chase & Co (JPM):

Carret Asset Management, LLC maintained a relatively steady position in their holdings of JPMorgan Chase & Co. The number of shares held in both quarters remained close, with a minor decrease from 157,574 shares to 157,098 shares, reflecting a marginal 0.6% decline. The value of these shares also witnessed a negligible decline from $22,917,000 to $22,782,000. This stability in holdings may indicate confidence in the company's performance and long-term outlook.

Berkshire Hathaway Inc CL B (BRK-B):

Berkshire Hathaway Inc CL B, led by the legendary investor Warren Buffett, saw a slight increase in holdings by Carret Asset Management, LLC. The number of shares held rose from 59,144 to 59,289, reflecting a 3% increase. The value of these shares also increased from $20,168,000 to $20,768,000. This rise in holdings can be seen as a positive endorsement of Berkshire Hathaway's investment strategy and overall market performance.

Conclusion:

Analyzing the changes in holdings of Carret Asset Management, LLC for the second quarter of 2023 compared to the third quarter of 2023 reveals a mix of ups and downs. While some companies experienced a decline in holdings, others witnessed slight increases. These changes could be influenced by a range of factors, including market conditions, company performance, and investment strategies. Investors and market observers closely watch these changes in holdings to gain insights into the ever-evolving landscape of the financial markets.

Please note that the data and analysis provided in this article are based on publicly available information and the hypothetical holdings of Carret Asset Management, LLC. The information presented here should not be considered as financial advice, and readers are encouraged to conduct their own research and seek professional guidance before making any investment decisions.