Gulf International Bank (UK) Ltd Q2 2023 vs. Q3 2023 13F Holdings Comparison

Investment funds play a crucial role in the financial world, and keeping track of their holdings is essential for investors and analysts alike. One of the ways these holdings are reported is through the filing of a Form 13F with the Securities and Exchange Commission (SEC). In this article, we will compare the holdings of Gulf International Bank (UK) Ltd between Q2 2023 and Q3 2023, as reported in their Form 13F.

During this period, Gulf International Bank (UK) Ltd made notable changes to its holdings. Let's take a closer look at some of the key holdings and the changes that occurred.

1. Apple Inc. (AAPL)

In Q2 2023, Gulf International Bank (UK) Ltd held 1,598,057 shares of Apple Inc., with a value of $309,975,000. However, in Q3 2023, the number of shares reduced to 1,446,913, with a value of $247,000. This represents a significant decrease in both the number of shares and their value.

2. Microsoft Corporation (MSFT)

Similarly, Gulf International Bank (UK) Ltd decreased its holdings in Microsoft Corporation. In Q2 2023, the bank held 762,737 shares worth $259,742,000. In Q3 2023, the number of shares decreased to 690,296, with a value of $217,000.

3. Amazon.com Inc. (AMZN)

Another notable decrease in holdings occurred with Amazon.com Inc. In Q2 2023, Gulf International Bank (UK) Ltd held 932,428 shares worth $121,551,000. However, in Q3 2023, the number of shares decreased to 846,779, with a value of $107,000.

4. NVIDIA Corporation (NVDA)

Gulf International Bank (UK) Ltd also reduced its holdings in NVIDIA Corporation. In Q2 2023, the bank held 261,884 shares worth $110,782,000. In Q3 2023, the number of shares decreased to 237,659, with a value of $103,000.

5. Alphabet Inc. (GOOGL)

One of the holdings that experienced a decrease in both shares and value is Alphabet Inc., the parent company of Google. In Q2 2023, Gulf International Bank (UK) Ltd held 601,405 shares worth $71,988,000. In Q3 2023, the number of shares decreased to 546,007, with a value of $63,000.

These are just a few examples of the changes that occurred in Gulf International Bank (UK) Ltd's holdings between Q2 2023 and Q3 2023. It's worth noting that these changes reflect the bank's investment strategy and market conditions during that period.

Understanding the changes in fund holdings can provide valuable insights into the investment decisions made by financial institutions. Whether you're a seasoned investor or simply curious about the dynamics of the market, staying informed about these changes can help you make more informed decisions.

Please note that the data provided in this article is for informational purposes only and should not be considered as financial advice.