Changes in Granite Investment Advisors, LLC Q2 2021 vs. Q3 2021 13F Holdings

Granite Investment Advisors, LLC recently released a comparison of their Q2 2021 and Q3 2021 13F holdings. The investment management firm's 13F filings with the Securities and Exchange Commission (SEC) showcase their investment holdings during the quarter.

Granite Investment Advisors, LLC's Q2 2021 holdings revealed they held 31 securities with a total value of approximately $297 million. Their Q3 2021 filing indicates that they held 33 securities with a total value of approximately $306 million.

Below, we will take a closer look at the changes in holdings for some of the key securities held by Granite Investment Advisors, LLC.

Apple Inc. (AAPL)

Granite Investment Advisors, LLC maintained its position in Apple Inc. (AAPL) in Q3 2021 whose shares are down by 0.2% with 9,203 fewer shares than the previous quarter.

Microsoft Corp (MSFT)

The firm held fewer shares in Microsoft Corp (MSFT) in Q3 2021 with 8,607 fewer shares than the previous quarter, representing a decline of 0.1%.

Oracle Corp (ORCL)

Granite Investment Advisors, LLC increased its position in Oracle Corp (ORCL) in Q3 2021 with 7,265 more shares than the previous quarter, representing an increase of 8%.

Morgan Stanley (MS)

The firm increased its position in Morgan Stanley (MS) in Q3 2021 with 4,506 more shares than the previous quarter, representing an increase of 3.9%.

Johnson & Johnson (JNJ)

The firm reduced its position in Johnson & Johnson (JNJ) in Q3 2021 with 1,461 fewer shares than the previous quarter, representing a decline of 4%.

UnitedHealth Group Inc. (UNH)

Granite Investment Advisors, LLC decreased its position in UnitedHealth Group Inc. (UNH) in Q3 2021 with 780 fewer shares than the previous quarter, representing a decline of 5.1%.

Amazon.com Inc. (AMZN)

The firm reduced its position in Amazon.com Inc. (AMZN) in Q3 2021 with 35 fewer shares than the previous quarter, representing a decline of 5.9%.

Walmart Inc. (WMT)

Granite Investment Advisors, LLC held fewer shares in Walmart Inc. (WMT) in Q3 2021 with 2,849 fewer shares than the previous quarter, representing a decline of 7.3%.

Conclusion

As the comparison shows, Granite Investment Advisors, LLC made some significant changes in their holdings in Q3 2021 compared to the previous quarter. While they reduced their position in companies such as Johnson & Johnson and Walmart, they increased their position in Oracle Corp., Morgan Stanley, and others. These changes highlight the investment management firm's strategy of adapting to market dynamics and making informed decisions about their portfolio. It will be interesting to see how their portfolio evolves in the coming quarters as markets continue to experience volatility amidst the ongoing global pandemic.