Cutler Investment Counsel LLC Q2 2023 vs. Q3 2023: Analyzing Changes in Fund Holdings

Investment management firms are constantly maneuvering their portfolios to maintain a competitive edge and maximize returns. Cutler Investment Counsel LLC is no exception. In this article, we will delve into the Q2 2023 vs. Q3 2023 13F holdings comparison of Cutler Investment Counsel LLC and analyze the changes in its fund holdings.

Cutler Investment Counsel LLC, a renowned investment management firm, released its 13F filings for the second and third quarters of 2023. The 13F filings provide a snapshot of the firm's holdings, representing the stocks and securities held at the end of each reporting quarter. These filings offer valuable insights into the investment decisions made by the firm and can serve as a guide for other investors.

During the Q2 2023 to Q3 2023 period, Cutler Investment Counsel LLC made significant adjustments to its portfolio. Let's take a closer look at some of the notable changes:

1. IShares TR (IGSB):

- Q2 2023 Holdings: 611,220 shares

- Q3 2023 Holdings: 609,520 shares

- Percentage Change: -1%

Cutler Investment Counsel LLC slightly reduced its holdings in IShares TR, a reputable exchange-traded fund (ETF). While the decrease may seem insignificant, it indicates a cautious approach towards this particular investment.

2. Microsoft Corp (MSFT):

- Q2 2023 Holdings: 79,613 shares

- Q3 2023 Holdings: 79,712 shares

- Percentage Change: 0.1%

The firm maintained a relatively stable position in Microsoft Corp, one of the world's leading technology companies. This suggests confidence in Microsoft's prospects and its ability to generate returns for the firm's portfolio.

3. Invesco Exchange Traded FD T (RPG):

- Q2 2023 Holdings: 151,678 shares

- Q3 2023 Holdings: 732,158 shares

- Percentage Change: 382.7%

Cutler Investment Counsel LLC significantly increased its holdings in Invesco Exchange Traded FD T, indicating a bullish outlook for this particular investment. Such a substantial increase in shares suggests that the firm identified growth potential or favorable market conditions for this fund.

4. Caterpillar Inc (CAT):

- Q2 2023 Holdings: 80,292 shares

- Q3 2023 Holdings: 80,430 shares

- Percentage Change: 0.2%

Cutler Investment Counsel LLC maintained a stable position in Caterpillar Inc, a renowned construction and mining equipment manufacturer. This suggests that the firm sees Caterpillar Inc as a reliable long-term investment with steady growth potential.

5. Vanguard Index FDS (VO):

- Q2 2023 Holdings: 105,571 shares

- Q3 2023 Holdings: 105,034 shares

- Percentage Change: -0.5%

The firm slightly reduced its holdings in Vanguard Index FDS, signaling a cautious approach towards this particular fund. While the decrease in shares is minimal, it indicates a potential reallocation of resources within Cutler Investment Counsel LLC's portfolio.

6. SPDR Index Shs FDS (SPEM):

- Q2 2023 Holdings: 622,565 shares

- Q3 2023 Holdings: 623,019 shares

- Percentage Change: 0.07%

Cutler Investment Counsel LLC maintained a relatively stable position in SPDR Index Shs FDS during the Q2 2023 to Q3 2023 period. This suggests a continued interest in this particular fund and an expectation of stable performance.

In addition to the aforementioned changes, Cutler Investment Counsel LLC made various adjustments to its holdings in other companies and funds. These changes can be attributed to a range of factors, including market conditions, industry trends, and the firm's investment strategy.

It is important to note that 13F filings only provide a snapshot of a firm's holdings at a specific time and may not reflect its current positions. Investors should conduct comprehensive research and analysis before making any investment decisions.

In conclusion, Cutler Investment Counsel LLC's Q2 2023 vs. Q3 2023 13F holdings comparison reveals significant changes in its fund holdings. While some adjustments indicate cautiousness, others suggest a bullish outlook. These changes showcase the firm's active portfolio management and its strategy to generate favorable returns for its clients.