Consolidated Capital Management, LLC Q1 2023 vs. Q2 2023 13F Holdings Comparison

Microsoft, Amazon, and Apple Lead the Pack as Consolidated Capital Management Adjusts Holdings

Microsoft, Amazon, and Apple have emerged as the top three holdings for Consolidated Capital Management, LLC in the first and second quarters of 2023. The investment firm made several adjustments to its portfolio during this period, taking advantage of market opportunities and reallocating its resources. Let's take a closer look at the changes in holdings and the reasons behind them.

Microsoft Corporation (MSFT)

In the first quarter of 2023, Consolidated Capital Management held 48,585 shares of Microsoft, valued at $14,007,000. However, by the second quarter, their holdings decreased to 47,643 shares, with a value of $16,224,000. Despite the decrease in the number of shares, the value grew by 15.8%. This indicates that Consolidated Capital Management sees potential in Microsoft as the company continues to innovate and dominate the tech industry.

Amazon.com Inc (AMZN)

With 125,602 shares worth $12,973,000 in the first quarter, Amazon was a major player in Consolidated Capital Management's portfolio. However, the firm slightly reduced its holdings in the second quarter, with 123,734 shares valued at $16,129,000. Despite the slight decrease in the number of shares, the overall value increased by 24.3%. This suggests that Consolidated Capital Management remains optimistic about Amazon's future growth prospects.

Apple Inc (AAPL)

Apple, another tech giant, also held a significant position in Consolidated Capital Management's portfolio. In the first quarter, the firm held 81,574 shares of Apple, worth $13,451,000. By the second quarter, the number of shares decreased to 80,363, but the value rose to $15,588,000. This represents a 15.9% increase in value. Consolidated Capital Management's decision to increase its stake in Apple reflects its confidence in the company's ability to continue delivering strong performance in the market.

Meta Platforms Inc (META)

Consolidated Capital Management held 45,639 shares of Meta Platforms Inc, valued at $9,672,000 in the first quarter. However, the firm decreased its holdings to 44,315 shares, worth $12,717,000 in the second quarter. This represents a significant increase in value of 31.5%. As Meta Platforms Inc, formerly known as Facebook, expands its presence and ventures into the metaverse, Consolidated Capital Management believes it is a promising investment opportunity.

Other Key Holdings

While Microsoft, Amazon, and Apple dominated Consolidated Capital Management's portfolio, other notable holdings include:

- NVIDIA Corporation (NVDA): With a 46.6% increase in value, Consolidated Capital Management continues to have faith in the future of the leading graphics processing unit manufacturer as it powers advancements in various industries.

- Visa Inc (V): Despite a minor decrease of 4.7% in value, Consolidated Capital Management maintains its holdings in Visa, highlighting the continued reliance on digital payment solutions.

- Caterpillar Inc (CAT): Consolidated Capital Management's decision to hold onto its Caterpillar Inc shares demonstrates confidence in the company's ability to navigate economic fluctuations and provide heavy machinery solutions globally.

- Tesla Inc (TSLA): The second quarter saw a 23.2% increase in value for Tesla as Consolidated Capital Management recognizes the strong brand positioning and ongoing advancements in electric vehicle technology.

Final Thoughts

Consolidated Capital Management's Q1 and Q2 13F holdings provide valuable insights into their investment strategy. By focusing on leading tech companies and carefully monitoring market trends, the firm has successfully identified potential opportunities for growth. As the markets evolve, Consolidated Capital Management will continue to adapt its holdings, ensuring that it remains at the forefront of investment decisions.

Please note that this blog post does not constitute financial advice. Investing in stocks involves risks, and it is important to conduct thorough research and consult with professionals before making any investment decisions.

Sources:

https://www.sec.gov/edgar.shtml