Gateway Investment Advisers LLC Q2 2023 vs. Q3 2023 13F Holdings Comparison

Investment firms are required to file a Form 13F with the Securities and Exchange Commission (SEC) on a quarterly basis, disclosing their holdings in publicly traded companies. This filing provides valuable insights into the investment strategies and portfolio changes of these firms.

In this article, we will be looking at the Q2 2023 and Q3 2023 holdings comparison of Gateway Investment Advisers LLC. We will analyze the changes in their holdings and discuss the potential implications for investors.

Apple Inc (AAPL)

In Q2 2023, Gateway Investment Advisers LLC held 3,561,373 shares of Apple Inc. However, their holdings decreased to 3,439,358 shares in Q3 2023, a decrease of 3.4%. The value of their holdings also declined from $690,799,000 to $588,852,000, representing a decrease of 14.8%. This reduction in holdings could indicate a change in their outlook for Apple Inc.

Microsoft Corp (MSFT)

Gateway Investment Advisers LLC held 1,762,582 shares of Microsoft Corp in Q2 2023. In Q3 2023, their holdings decreased to 1,707,244 shares, a decline of 3.1%. The value of their holdings also decreased from $600,229,000 to $539,062,000, representing a decrease of 10.2%. This reduction in holdings suggests a potential change in their confidence in Microsoft's future performance.

Amazon.com Inc (AMZN)

Gateway Investment Advisers LLC held 2,195,676 shares of Amazon.com Inc in Q2 2023. In Q3 2023, their holdings decreased to 2,101,753 shares, a decline of 4.3%. The value of their holdings also decreased from $286,228,000 to $267,174,000, representing a decrease of 6.7%. This reduction in holdings could indicate a cautious approach towards Amazon.com Inc.

NVIDIA Corporation (NVDA)

In Q2 2023, Gateway Investment Advisers LLC held 579,431 shares of NVIDIA Corporation. Their holdings slightly increased to 565,525 shares in Q3 2023, representing a marginal increase of 0.4%. The value of their holdings also slightly increased from $245,110,000 to $245,997,000, suggesting a relatively stable outlook for NVIDIA Corporation.

Alphabet Inc (GOOG)

Gateway Investment Advisers LLC held 1,875,422 shares of Alphabet Inc in Q2 2023. In Q3 2023, their holdings decreased to 1,816,105 shares, a decline of 3.2%. Despite the decrease in holdings, the value of their holdings increased from $226,869,000 to $239,453,000, representing a 5.5% increase. This indicates a positive sentiment towards Alphabet Inc.

Berkshire Hathaway Inc (BRK-B)

In Q2 2023, Gateway Investment Advisers LLC held 548,242 shares of Berkshire Hathaway Inc. Their holdings decreased to 531,689 shares in Q3 2023, a decline of 3%. The value of their holdings also slightly decreased from $186,950,000 to $186,250,000, representing a decrease of 0.4%. This reduction in holdings suggests a potential adjustment in their portfolio.

Meta Platforms Inc (META)

Gateway Investment Advisers LLC held 535,688 shares of Meta Platforms Inc in Q2 2023. In Q3 2023, their holdings decreased to 510,289 shares, a decline of 4.7%. The value of their holdings also slightly decreased from $153,731,000 to $153,193,000, representing a decrease of 0.3%. This reduction in holdings could indicate a shift in their investment strategy.

Tesla Inc (TSLA)

In Q2 2023, Gateway Investment Advisers LLC held 604,575 shares of Tesla Inc. However, their holdings remained relatively stable at 604,956 shares in Q3 2023, a marginal increase of 0.06%. The value of their holdings decreased from $158,259,000 to $151,372,000, representing a decrease of 4.4%. This suggests a cautious approach towards Tesla Inc.

UnitedHealth Group Inc (UNH)

Gateway Investment Advisers LLC held 263,900 shares of UnitedHealth Group Inc in Q2 2023. In Q3 2023, their holdings slightly decreased to 262,303 shares, a decline of 0.6%. The value of their holdings, however, increased from $126,841,000 to $132,250,000, representing an increase of 4.3%. This indicates a positive sentiment towards UnitedHealth Group Inc.

Exxon Mobil Corp (XOM)

In Q2 2023, Gateway Investment Advisers LLC held 1,050,796 shares of Exxon Mobil Corp. Their holdings decreased to 1,046,654 shares in Q3 2023, a decline of 0.4%. The value of their holdings, however, increased from $112,697,000 to $123,065,000, representing an increase of 9.2%. This suggests a relatively optimistic outlook for Exxon Mobil Corp.

Conclusion

The Q2 2023 vs. Q3 2023 13F holdings comparison of Gateway Investment Advisers LLC reveals several changes in their portfolio. While some holdings decreased, others remained relatively stable or even increased. These changes in holdings could reflect shifts in their investment strategy and their outlook for these companies. Investors should closely monitor such filings to gain insights into the strategies and performance of investment firms like Gateway Investment Advisers LLC.