Mcrae Capital Management Inc: A Detailed Analysis of Q3 2023 vs. Q4 2023 Holdings

In the ever-evolving world of finance, it is crucial for investment managers and fund advisors to keep a close eye on their holdings. Mcrae Capital Management Inc recently released their comparison of 13F holdings for Q3 2023 and Q4 2023. These filings provide insight into the changes in their holdings and offer a glimpse into their investment strategies. Let's dive into the details and analyze the key findings.

Microsoft Corp (MSFT):

- Q3 2023: 71,261 shares worth $22,500,000

- Q4 2023: 70,912 shares worth $26,665,000

- Change: -18.5%

Quanta Svcs Inc (PWR):

- Q3 2023: 99,534 shares worth $18,619,000

- Q4 2023: 99,435 shares worth $21,458,000

- Change: 15.2%

Williams Sonoma Inc (WSM):

- Q3 2023: 98,386 shares worth $15,289,000

- Q4 2023: 98,146 shares worth $19,803,000

- Change: 29.5%

United Rentals Inc (URI):

- Q3 2023: 33,626 shares worth $14,949,000

- Q4 2023: 33,495 shares worth $19,206,000

- Change: 28.5%

Lowes Cos Inc (LOW):

- Q3 2023: 81,959 shares worth $17,034,000

- Q4 2023: 82,308 shares worth $18,317,000

- Change: 7.5%

Check Point Software Tech Lt (CHKP):

- Q3 2023: 116,857 shares worth $15,574,000

- Q4 2023: 116,501 shares worth $17,800,000

- Change: 14.3%

Nasdaq Inc (NDAQ):

- Q3 2023: 275,276 shares worth $13,375,000

- Q4 2023: 290,846 shares worth $16,909,000

- Change: 26.4%

Fiserv Inc (FISV):

- Q3 2023: 105,415 shares worth $11,907,000

- Q4 2023: 126,944 shares worth $16,863,000

- Change: 41.6%

Laboratory Corp Amer Hldgs (LH):

- Q3 2023: 70,581 shares worth $14,190,000

- Q4 2023: 73,912 shares worth $16,799,000

- Change: 18.4%

Omnicom Group Inc (OMC):

- Q3 2023: 182,046 shares worth $13,558,000

- Q4 2023: 194,026 shares worth $16,785,000

- Change: 23.8%

Perficient Inc (PRFT):

- Q3 2023: 235,945 shares worth $13,651,000

- Q4 2023: 239,833 shares worth $15,785,000

- Change: 15.6%

The above data showcases the changes in holdings for various companies for Mcrae Capital Management Inc during Q3 2023 and Q4 2023. It is evident that there have been both positive and negative fluctuations in their holdings. Let's delve deeper into some notable changes.

Microsoft Corp (MSFT) witnessed a slight decrease of 18.5% in their holdings. However, it is essential to note that the value of their shares increased from $22,500,000 in Q3 2023 to $26,665,000 in Q4 2023. This could indicate a strategic move to increase their position in the company despite a decrease in the number of shares.

On the other hand, Fiserv Inc (FISV) experienced a significant increase of 41.6% in their holdings. The value of their shares skyrocketed from $11,907,000 in Q3 2023 to $16,863,000 in Q4 2023. This shows a clear bullish stance on the company, possibly due to positive market trends or promising growth prospects.

Another interesting change is in Check Point Software Tech Lt (CHKP). Despite a decrease in the number of shares, their value rose from $15,574,000 in Q3 2023 to $17,800,000 in Q4 2023. This suggests that Mcrae Capital Management Inc sees potential in the company and is allocating resources accordingly, even with a slight reduction in the number of shares.

It is worth noting that several other companies witnessed significant changes in their holdings as well. Some experienced substantial growth, while others faced slight declines. These shifts highlight the dynamic nature of the investment landscape and the importance of monitoring and adapting investment strategies accordingly.

In conclusion, Mcrae Capital Management Inc's Q3 2023 vs. Q4 2023 13F holdings comparison provides valuable insights into the changes in their investment portfolio. Although there were fluctuations in the number of shares held for various companies, the overall value of the holdings suggests a confident outlook. These findings illustrate the importance of strategic decision-making and the continuous evaluation of investment opportunities. As market conditions continue to evolve, investors must stay vigilant and respond swiftly to maximize their returns.