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

Did you know that Centre Asset Management, LLC has made some significant changes in its holdings between the second quarter (Q2) and the third quarter (Q3) of 2023? In this article, we will delve into the comparisons and uncover the surprising shifts in their portfolio.

When it comes to investment management, Centre Asset Management, LLC is a reputable player. They handle a diverse range of securities, including stocks, bonds, and derivatives, on behalf of their clients. Through a regulatory filing known as a Form 13F, investment managers like Centre Asset Management, LLC are required to disclose their quarterly holdings, giving us a glimpse into their investment strategies.

Let's take a closer look at some of the major changes in the holdings of Centre Asset Management, LLC during the transition from Q2 to Q3 of 2023.

Apple Inc (AAPL):

In Q2 2023, Centre Asset Management, LLC held 171,826 shares of Apple Inc, but in Q3 2023, their holdings decreased to 162,723 shares. Despite the decrease in the number of shares, the value of their holdings skyrocketed from $33,000 to $83,491.

Microsoft Corp (MSFT):

Centre Asset Management, LLC also made some adjustments to its holdings in Microsoft Corp. In Q2 2023, they had 86,434 shares, which decreased to 82,138 shares in Q3 2023. However, the value of their holdings increased from $29,000 to $88,012.

Amazon.com Inc (AMZN):

The holdings of Centre Asset Management, LLC in Amazon.com Inc saw a decrease from 195,283 shares in Q2 2023 to 177,295 shares in Q3 2023. Nevertheless, the value of their holdings grew from $25,000 to $88,434.

Alphabet Inc (GOOG):

Centre Asset Management, LLC had no holdings in Alphabet Inc (Google) in Q2 2023. Surprisingly, in Q3 2023, their holdings shot up to 124,410 shares with a corresponding value of $16,336.

NVIDIA Corp (NVDA):

Centre Asset Management, LLC held 28,921 shares of NVIDIA Corp in Q2 2023, which decreased to 27,342 shares in Q3 2023. However, the value of their holdings increased significantly from $12,000 to $97,113.

These are just a few examples of the changes Centre Asset Management, LLC made in their holdings between Q2 and Q3 of 2023. Other companies where they made adjustments include Altria Group Inc, Flowserve Corp, Medtronic PLC, and Kraft Heinz Co, to name a few.

It is important to note that the changes in holdings can be influenced by various factors, including market trends, company performance, and investment strategies. Investors often analyze 13F filings to gain insights into the actions of reputable investment management firms like Centre Asset Management, LLC.

As always, it is crucial to consider these changes in the context of an overall investment strategy. Consulting with a financial advisor is recommended before making any investment decisions based on this information.

In conclusion, Centre Asset Management, LLC made significant adjustments to its holdings between Q2 and Q3 of 2023. By analyzing their 13F filings, we can better understand the investment decisions made by this prominent investment management firm. As the market continues to evolve, it will be intriguing to see how Centre Asset Management, LLC adapts its portfolio to align with future opportunities and challenges.

Sources:

- Form 13F filings by Centre Asset Management, LLC for Q2 2023 and Q3 2023.