Cullinan Associates Inc Q1 2023 vs. Q2 2023: A Comparison of 13F Holdings

Cullinan Associates Inc is a well-known investment management firm that regularly files Form 13F with the Securities and Exchange Commission (SEC). This form provides detailed information about their quarterly holdings, including the stocks they own and the changes in those holdings from one quarter to the next. In this article, we will compare the 13F holdings of Cullinan Associates Inc between Q1 2023 and Q2 2023, highlighting the notable changes and analyzing the potential impact on their portfolio.

Apple Inc (AAPL): A Steady Increase in Holdings

One of the significant changes in Cullinan Associates Inc's portfolio is the increase in their holdings of Apple Inc (AAPL). During Q1 2023, they held 704,747 shares of AAPL, which rose to 738,304 shares in Q2 2023. This increase represents a notable growth of 23.2% in their holdings. With the ongoing success of Apple and the anticipation of new product launches, it seems that Cullinan Associates Inc sees potential in this tech behemoth.

Wal-Mart Stores Inc (WMT): A Drastic Surge in Holdings

Wal-Mart Stores Inc (WMT) saw an astonishing surge in Cullinan Associates Inc's holdings from Q1 to Q2 2023. While they held 470,376 shares of WMT in Q1, their holdings rose to a staggering 888,754 shares in Q2, representing a remarkable increase of 101.4%. This significant boost suggests that Cullinan Associates Inc sees value and growth potential in this retail giant and its ability to adapt to changing consumer trends.

Coca-Cola Company (KO): A Decrease in Holdings

In contrast to the surge in WMT holdings, Cullinan Associates Inc's holdings of the Coca-Cola Company (KO) experienced a slight decline. They owned 1,522,000 shares of KO in Q1, which decreased to 1,436,850 shares in Q2. This decrease reflects an 8.3% decline in their holdings. While the decrease may raise questions about their confidence in the beverage giant's performance, it's important to note that it could be a strategic move to reallocate their resources to other opportunities.

Microsoft Corp (MSFT): A Minimal Change in Holdings

Microsoft Corp (MSFT), a tech giant known for its dominance in the software industry, saw minimal changes in Cullinan Associates Inc's holdings. They held 250,936 shares of MSFT in Q1, which slightly decreased to 249,412 shares in Q2. This decrease represents a modest change of 1.4% in their holdings. Despite the minimal change, it's clear that Cullinan Associates Inc still sees value in Microsoft and its ability to maintain its market position.

Other Notable Changes in Holdings

Several other significant changes in Cullinan Associates Inc's portfolio are worth mentioning. Here are a few examples:

- S&P Global Inc. (SPGI): The investment management firm held 130,200 shares of SPGI in Q1, which remained relatively stable at 130,000 shares in Q2, with a marginal decrease of 0.2%.

- Procter & Gamble Co (PG): Holdings of PG saw a minimal increase from 315,413 shares in Q1 to 316,643 shares in Q2, representing a 0.4% change.

- Exxon Mobil (XOM): Cullinan Associates Inc's holdings of XOM declined from 242,114 shares in Q1 to 234,062 shares in Q2, reflecting a 3.3% decrease.

Overall Portfolio Analysis

Analyzing the changes in Cullinan Associates Inc's 13F holdings provides valuable insights into their investment strategies and perspectives on various companies. While they saw some significant increases in holdings, such as WMT, they also made strategic adjustments by decreasing holdings in companies like KO. It's important to note that these changes reflect their analysis of market trends, financial performance, and their assessment of each company's growth potential.

In conclusion, Cullinan Associates Inc's Q1 2023 vs. Q2 2023 13F holdings comparison reveals an actively managed portfolio that reflects their confidence in some companies while making strategic adjustments to their positions in others. It's always important to remember that investment decisions are based on a variety of factors, and the changes in their portfolio holdings represent a dynamic approach to portfolio management.