How Badgley Phelps & Bell Inc Adjusted Their Portfolio in Q2 2021

Badgley Phelps & Bell Inc, a well-known investment management company, recently revealed changes in their holdings between Q1 2021 and Q2 2021. The comparison of their 13F holdings showed some interesting moves, which could provide insights for other investors. In this article, we’ll discuss how the company shifted its focus and what it could mean for the financial industry.

One of the most significant moves by Badgley Phelps & Bell Inc was adding 47,273 shares of Paypal Holdings (PYPL). The online payment platform has been growing exponentially with the rise of e-commerce, and Badgley Phelps & Bell Inc seems to have recognized its potential. The company's investment in PYPL increased by 25%, from $34,762,000 to $43,449,000. Other companies that saw an increase in investment were Danaher (DHR), United Parcel Service (UPS), and Facebook (META).

On the other hand, there were some companies that the company decided to reduce its holdings. The most notable was Procter & Gamble (PG), which went down by 38.3%, from $23,741,000 to $14,658,000. It's worth mentioning that PG is still one of the top holdings in the company’s portfolio, but its reduction shows a shift in focus. Other companies that saw a reduction in holdings were Walmart Inc. (WMT) and UnitedHealth Group (UNH).

Badgley Phelps & Bell Inc seems to have increased its focus on the technology sector, with companies like Microsoft (MSFT), Apple (AAPL), Amazon.com (AMZN), and NVIDIA (NVDA) remaining among the top holdings. The company also increased its holdings in Salesforce.com (CRM) and Adobe (ADBE). These companies have shown resilience during the pandemic, and it's no surprise that Badgley Phelps & Bell Inc has increased its investments in them.

Apart from tech, the company also showed interest in the healthcare sector. Medtronic (MDT) remained among the top holdings with an increase in shares, while Eli Lilly (LLY) was added to the portfolio. The latter is one of the few pharmaceutical companies that has seen significant revenue growth in the last few years.

In conclusion, Badgley Phelps & Bell Inc's Q2 2021 holdings showed a shift in focus towards technology and healthcare. It’s evident that the company is trying to capitalize on the growth of e-commerce and the resilience of the tech sector during the pandemic. The focus on healthcare shows a long-term investment strategy that could prove to be beneficial in the future. It'll be interesting to see how the company continues to adjust its portfolio, and whether its investments pay off in the long run.