Congress Park Capital LLC Q1 2023 vs. Q2 2023 13F Holdings Comparison

Congress Park Capital LLC, a prominent investment firm, has recently released its 13F holdings report for the first and second quarters of 2023. This report provides valuable insights into the changes in holdings of various funds during this period. In this article, we will delve into the details of Congress Park Capital LLC's Q1 2023 vs. Q2 2023 13F holdings comparison and analyze the significant alterations made by the firm.

One of the notable changes in Congress Park Capital LLC's holdings is in Invesco QQQ Trust (QQQ). In the first quarter of 2023, the firm held 37,000 shares of QQQ, but by the second quarter, their holdings increased to 55,500 shares, representing a significant rise of 72.7%. This surge in holdings indicates the firm's optimism and confidence in the future performance of Invesco QQQ Trust.

Another crucial change in Congress Park Capital LLC's portfolio involves Apple Inc. (AAPL). In the first quarter, the firm held 59,004 shares of AAPL. However, their holdings slightly decreased to 55,457 shares in the second quarter, reflecting a 10.6% decline. Despite the slight reduction, Congress Park Capital LLC's investment in Apple Inc. remains substantial.

Berkshire Hathaway Inc. Class B (BRK-B) is another noteworthy addition to Congress Park Capital LLC's portfolio. The firm acquired 28,911 shares of BRK-B in the first quarter, and this number barely changed, decreasing slightly to 28,354 shares in the second quarter. This stability signifies the firm's confidence in the long-term growth potential of Berkshire Hathaway Inc.

Amazon.com Inc. (AMZN), one of the leading e-commerce giants, experienced a marginal change in Congress Park Capital LLC's holdings. The firm held 67,396 shares of AMZN in Q1 2023, and this number decreased slightly to 66,590 shares in Q2 2023, representing a 24.7% change. Despite the minor adjustment, Congress Park Capital LLC maintains a substantial investment in Amazon.com Inc.

Congress Park Capital LLC's holdings in Alphabet Inc. (GOOGL) also experienced a minor alteration. The firm held 72,286 shares of GOOGL in the first quarter and slightly reduced their holdings to 70,884 shares in the second quarter. This adjustment represents a change of 13.2%, indicating a slight modification in the firm's strategy for Alphabet Inc.

Microsoft Corporation (MSFT) is another noteworthy company in Congress Park Capital LLC's portfolio. The firm held 22,338 shares of MSFT in the first quarter and maintained a similar position in the second quarter, with 22,208 shares. This stability demonstrates the firm's confidence in the consistent performance of Microsoft Corporation.

Moving beyond technology companies, Congress Park Capital LLC made significant changes to its holdings in MercadoLibre Inc. (MELI). The firm had 5,919 shares of MELI in the first quarter, but this number decreased to 5,829 shares in the second quarter, marking an 11.5% decline. This adjustment indicates a potential shift in the firm's investment focus during this period.

Furthermore, Congress Park Capital LLC's holdings in The Trade Desk Inc. (TTD) witnessed a notable change. The firm had 80,823 shares of TTD in the first quarter and reduced their holdings to 76,378 shares in the second quarter. This adjustment reflects a 19.8% decrease, suggesting a reevaluation of the firm's investment strategy for The Trade Desk Inc.

These are just a few key examples of the changes Congress Park Capital LLC made to their holdings during the first and second quarters of 2023. The firm's decisions reflect their analysis of market trends, individual company performances, and their overall investment strategy. By closely monitoring these alterations, investors can gain insights into Congress Park Capital LLC's investment approach and potentially make informed decisions for their own portfolios.

In conclusion, Congress Park Capital LLC's Q1 2023 vs. Q2 2023 13F holdings comparison showcases the firm's strategic adjustments in various companies. While some holdings increased, others experienced minor reductions, signifying the firm's dynamic investment approach based on market conditions. Investors can learn from these changes to gain valuable insights and make informed decisions for their own portfolios.