Delta Capital Management LLC Q2 2023 vs. Q3 2023 13F Holdings Comparison

Apple, JP Morgan, and Microsoft Among Top Stocks Delta Capital Management Invested In

Delta Capital Management LLC, a prominent investment management firm, recently released its 13F filing for Q2 2023 and Q3 2023. The document showcases the firm's holding changes and provides valuable insights into its investment strategy. Let's take a closer look at some of the significant changes in holdings during this period.

One of the most notable changes was in Delta Capital Management's holdings of Apple Inc. (AAPL). In Q2 2023, the firm held 37,574 shares of Apple, but by Q3 2023, the number had decreased to 36,144 shares. The value of the holding also decreased, with Q2 2023's value standing at $7,288,000 and Q3 2023's value at $6,188,000, representing a 15.1% decrease.

Another well-known company that saw a decrease in Delta Capital Management's holdings was JP Morgan Chase & Co. (JPM). The firm owned 27,930 shares of JPM in Q2 2023, which decreased to 27,210 shares in Q3 2023. The value of the holding also decreased from $4,062,000 in Q2 2023 to $3,946,000 in Q3 2023, marking a 2.9% decline.

Microsoft Corporation (MSFT) was another significant stock in Delta Capital Management's portfolio. In Q2 2023, the firm held 9,040 shares of Microsoft, which decreased slightly to 8,840 shares in Q3 2023. The value of the holding also saw a decline from $3,078,000 in Q2 2023 to $2,791,000 in Q3 2023, a 9.3% decrease.

Pioneer Natural Resources (PXD) was one of the few stocks that saw an increase in Delta Capital Management's holdings. The firm held 19,295 shares of PXD in Q2 2023, which increased to 18,875 shares in Q3 2023. The value of the holding also grew from $3,998,000 in Q2 2023 to $4,333,000 in Q3 2023, representing an 8.4% increase.

These changes in holdings indicate that Delta Capital Management made strategic decisions to adjust its positions in various stocks during the specified period. It is important to note that 13F filings provide insights into institutional investors' positions and are often used to track investment trends.

Delta Capital Management's strategy suggests a slight shift in their portfolio, with slight reductions in holdings of certain stocks like Apple and JP Morgan Chase, while still maintaining significant positions in companies like Microsoft. The increase in Pioneer Natural Resources holdings also indicates a bullish sentiment towards the energy sector.

Please note that the data provided is based on information from the 13F filing and is subject to change. Investors should conduct further research and consult with their financial advisors before making any investment decisions based on this information.

In conclusion, Delta Capital Management's Q2 2023 and Q3 2023 13F filings provide valuable insights into the firm's investment strategy. The changes in holdings, including the decrease in Apple and JP Morgan Chase holdings and the increase in Pioneer Natural Resources holdings, indicate the firm's ongoing efforts to optimize its portfolio.