Hoertkorn Richard Charles Q1 2023 vs. Q2 2023 13F Holdings Comparison

In the first quarter of 2023, Hoertkorn Richard Charles made significant changes to their portfolio holdings, according to the latest 13F filings. Let's examine the comparison between the first and second quarter of 2023 to understand these changes and their implications.

APPLE INC (AAPL)

Hoertkorn Richard Charles held 137,644 shares of Apple Inc. in the first quarter, which decreased slightly to 137,156 shares in the second quarter. The value of the shares also saw an increase from $22,697,000 to $26,604,000, representing a 17.2% change.

MARVELL TECHNOLOGY, INC. (MRVL)

The holdings of Marvell Technology, Inc. remained relatively stable, with 291,374 shares in the first quarter and 291,524 shares in the second quarter. However, the value of the shares increased from $12,616,000 to $17,427,000, indicating a significant 38.1% change.

MICROSOFT CORP (MSFT)

The first and second-quarter holdings of Microsoft Corp by Hoertkorn Richard Charles were 49,316 and 49,208 shares, respectively. Although the change in the number of shares was minimal, the value of the shares increased from $14,217,000 to $16,757,000, indicating a 17.9% change.

PROCTER & GAMBLE CO (PG)

Hoertkorn Richard Charles maintained the same number of shares (76,605) in Procter & Gamble Co in both quarters. However, the value of the shares increased slightly from $11,390,000 to $11,624,000, showing a 2.1% change.

ALPHABET, INC. (GOOGL)

The holdings of Alphabet, Inc. decreased slightly from 84,785 shares in the first quarter to 84,405 shares in the second quarter. However, the value of these shares increased significantly from $8,794,000 to $10,103,000, indicating a 14.9% change.

KINDER MORGAN, INC. (KMI)

Hoertkorn Richard Charles saw a small decrease in their holdings of Kinder Morgan, Inc., from 552,082 shares in the first quarter to 555,892 shares in the second quarter. The value of the shares also slightly decreased from $9,666,000 to $9,572,000, representing a 1% change.

JPMORGAN CHASE & CO (JPM)

The holdings of JPMorgan Chase & Co by Hoertkorn Richard Charles decreased minimally from 63,423 shares in the first quarter to 63,298 shares in the second quarter. However, the value of these shares increased from $8,264,000 to $9,206,000, indicating an 11.4% change.

BANK OF AMERICA CORPORATION (BAC)

Hoertkorn Richard Charles maintained the same number of shares (320,153) in Bank of America Corporation in both quarters. The value of the shares remained unchanged at $9,156,000.

GENERAL ELECTRIC CO (GE)

The holdings of General Electric Co by Hoertkorn Richard Charles increased slightly from 75,003 shares in the first quarter to 75,055 shares in the second quarter. The value of these shares also saw a modest increase from $7,170,000 to $8,244,000, representing a 15% change.

BOEING CO (BA)

Hoertkorn Richard Charles held 35,140 shares of Boeing Co in the first quarter, which increased slightly to 35,906 shares in the second quarter. The value of these shares also saw a slight increase from $7,464,000 to $7,581,000, indicating a 1.6% change.

These are just a few examples of the holdings changes made by Hoertkorn Richard Charles in the first and second quarters of 2023. It is important to note that these figures are subject to change as market conditions fluctuate.