Clean Yield Group Q4 2022 vs. Q1 2023 13F Holdings: A Comparative Analysis

Clean Yield Group, a registered investment advisory firm, recently disclosed their Q4 2022 and Q1 2023 13F holdings. 13F filings are required by the Securities and Exchange Commission (SEC) for institutional investment managers that manage over $100 million in qualifying assets. These filings provide valuable insights into the holdings of institutional investment managers, creating opportunities for investors to replicate or refine their own investment strategies. In this blog post, we will analyze the changes in Clean Yield Group's holdings, comparing their Q4 2022 and Q1 2023 filings.

Technology Stocks Remain Key Holdings

Clean Yield Group's holding of Apple Inc. shares demonstrated a minimal 1.6% increase, from 84,703 to 86,051 shares, resulting in a 28.9% increase in the value of their holding from $11,005,000 to $14,189,000. Their holding of Microsoft Corp. shares remained unchanged with 13,444 shares held in both Q4 2022 and Q1 2023. The value of their holding increased 20.2%, from $3,224,000 to $3,876,000. Their holding of Alphabet Class A shares decreased 6.9%, from 11,728 to 10,955 shares, resulting in a 9.8% increase in the value of their holding from $1,034,000 to $1,136,000. Cisco Systems Inc. shares increased 7.8%, from 70,234 to 69,031 shares, resulting in a 7.8% increase in the value of their holding from $3,345,000 to $3,608,000.

Healthcare Stocks Remain Key Holdings

Clean Yield Group's holding of Amgen Inc. shares decreased 19.6%, from 10,716 to 8,631 shares, resulting in a 25.9% decrease in the value of their holding from $2,814,000 to $2,086,000. Their holding of Merck & Co. Inc. shares decreased 3.0%, from 11,903 to 11,542 shares, resulting in a 7.0% decrease in the value of their holding from $1,320,000 to $1,227,000. Their holding of Lilly Eli & Co. shares decreased 1.6%, from 3,954 to 3,890 shares, resulting in a 7.6% decrease in the value of their holding from $1,446,000 to $1,335,000. Abbott Labs shares increased 3.7%, from 7,011 to 6,761 shares, resulting in an 11.1% decrease in the value of their holding from $769,000 to $684,000.

Utilities Stocks Remain Key Holdings

Clean Yield Group's holding of SJW Group shares decreased 10.3%, from 78,929 to 70,854 shares, resulting in a 15.8% decrease in the value of their holding from $6,408,000 to $5,394,000. Their holding of Utah Medical Products Inc. shares increased 59.8%, from 16,069 to 25,683 shares, resulting in a 50.7% increase in the value of their holding from $1,615,000 to $2,433,000. Their holding of Essential Utilities Inc. shares remained unchanged with 14,950 shares held in both Q4 2022 and Q1 2023. The value of their holding decreased 8.5%, from $713,000 to $652,000.

Conclusion

Clean Yield Group's holdings reveal that tech companies remain key players in their investment strategy, with healthcare and utilities stocks also playing an important role. The analysis of their Q4 2022 and Q1 2023 13F holdings can provide insight into the investment strategies of institutional investors, allowing one to replicate or refine their own investment strategies. It is important to note that 13F filings only disclose long positions and do not provide insight into short positions or cash holdings. Cutting-edge artificial intelligence and machine learning tools and software platforms that detect insider trading and identify unusual patterns of buy and sell activities can provide a more detailed understanding of an institution's entire investment strategy.