Investment Fund Ridgewood Investments LLC Reports Significant Changes in Holdings

Ridgewood Investments LLC, a reputable investment fund, has recently announced its holdings for the fourth quarter of 2022, along with the first quarter of 2023. The comparison revealed interesting changes in the holdings of various companies.

Berkshire Hathaway, Alphabet Inc, and Amazon.com Inc are among the companies that have witnessed impressive gains in the value of their stocks held by the investment fund. At the same time, 3M Co, Prudential Financial Inc, and The Walt Disney Company reported significant losses.

This article will delve deeper into these changes along with other notable movements in the holdings of the fund.

Vanguard Funds

Vanguard Funds have a significant presence in the holdings of Ridgewood Investments LLC. VT, VTWV, and VOO are among the Vanguard Funds that the investment fund holds significant stakes in. The most notable gain was evident in VGSH, which witnessed a whopping increase of 803.1% in the number of shares held.

Tech Companies

Ridgewood Investments LLC also holds shares in prominent tech companies, including Alphabet Inc and Microsoft Corp. Google's parent company Alphabet Inc has fared exceptionally well with an increase of 30.7% in the value of stocks held by the investment fund. Microsoft Corp also reported a favorable increase of 23.4%.

Amazon.com Inc, another giant tech company, also witnessed a rise in the value of the stocks held by Ridgewood Investments LLC. The company's stocks witnessed a significant increase of 58.2%.

Financial and Insurance Companies

While some financial and insurance companies enjoyed gains, others suffered losses. Citigroup Inc and American Tower Corp New have witnessed a marked increase in the number of shares held by the investment fund.

At the same time, Prudential Financial Inc and Aflac Inc reported considerable losses. Prudential Financial Inc recorded a 20.1% reduction in the value of stocks held by Ridgewood Investments LLC.

Other Notable Gains and Losses

Apart from the above-mentioned companies, other companies that experienced notable gains and losses include Intel Corp, Taiwan Semiconductor Mfg Ltd, and The Walt Disney Company.

Intel Corp witnessed a significant increase of 22.4% in the number of shares held by the investment fund. Taiwan Semiconductor Mfg Ltd also reported a favorable increase of 26.2%. On the other hand, The Walt Disney Company recorded a loss of 9.2%, indicating a significant reduction in the value of stocks held by Ridgewood Investments LLC.

Conclusion

The recent announcement of the Ridgewood Investments LLC holdings revealed several notable gains and losses. From tech giants to financial and insurance companies, various businesses experienced marked movements in the number of shares held as well as the value of stocks. Investors can use this report to gain insights into the market and make informed decisions about their investment portfolios.