Patton Albertson Miller Group, LLC Q1 2023 vs. Q2 2023 13F Holdings Comparison

Investment firms are constantly monitoring and analyzing the market to make informed investment decisions. One way they do this is by filing the required 13F form with the Securities and Exchange Commission (SEC). The 13F form provides a snapshot of the firm's holdings at the end of each quarter, revealing what stocks they bought or sold.

In this article, we will examine the changes in holdings of Patton Albertson Miller Group, LLC from Q1 2023 to Q2 2023 based on their recently filed 13F form. We will explore some of the notable shifts in their portfolio and uncover any emerging investment trends.

1. ISHARES TR (ITOT)

Q1 2023 (SHARES): 355,378

Q2 2023 (SHARES): 268,243

Q1 2023 VALUE ($000): 32,179

Q2 2023 VALUE ($000): 26,244

CHG %: -18.4

One of the significant changes in Patton Albertson Miller Group's portfolio is their reduced holdings in ISHARES TR (ITOT). They sold a significant portion of their shares, resulting in a decrease of 87,135 shares. This move represents a challenging period for the company and indicates a shift in their investment strategy.

2. APPLE INC (AAPL)

Q1 2023 (SHARES): 121,411

Q2 2023 (SHARES): 116,675

Q1 2023 VALUE ($000): 20,020

Q2 2023 VALUE ($000): 22,631

CHG %: 13

Despite the overall decrease in holdings, Patton Albertson Miller Group maintained their position in APPLE INC (AAPL). They slightly reduced their shares by 4,736 but still have a substantial stake in the company. This decision suggests their confidence in Apple's continued growth and potential for future returns.

3. NVIDIA CORPORATION (NVDA)

Q1 2023 (SHARES): 35,648

Q2 2023 (SHARES): 33,687

Q1 2023 VALUE ($000): 9,901

Q2 2023 VALUE ($000): 14,250

CHG %: 43.9

An interesting move by the investment firm is their increased holdings in NVIDIA CORPORATION (NVDA). They acquired an additional 1,961 shares, representing a significant percentage increase. This decision indicates their belief in the growth potential of NVDA and its position in the booming tech industry.

4. ISHARES TR (IQLT)

Q1 2023 (SHARES): 338,123

Q2 2023 (SHARES): 381,708

Q1 2023 VALUE ($000): 11,935

Q2 2023 VALUE ($000): 13,588

CHG %: 13.8

Another notable change is the increased holdings in ISHARES TR (IQLT). Patton Albertson Miller Group added 43,585 more shares to their portfolio, indicating their confidence in the performance and potential of this particular investment.

5. COVENANT LOGISTICS GROUP INC (CVLG)

Q1 2023 (SHARES): 283,389

Q2 2023 (SHARES): 283,389

Q1 2023 VALUE ($000): 10,037

Q2 2023 VALUE ($000): 12,420

CHG %: 23.7

Patton Albertson Miller Group maintained their holdings in COVENANT LOGISTICS GROUP INC (CVLG). Although they did not increase their shares, their steady investment suggests a positive outlook for the company's future performance.

These are just a few examples of the changes in holdings made by Patton Albertson Miller Group, LLC in Q1 2023 vs. Q2 2023. While some positions were reduced, indicating a shift in investment strategy, others were increased, highlighting their optimism in specific companies.

It's crucial to note that these changes in holdings should not be seen as investment advice but as an insight into the actions of a well-established investment firm. Investors should conduct their own research and consult with financial professionals before making any investment decisions.

As the market continues to fluctuate and investment strategies evolve, it will be interesting to see how Patton Albertson Miller Group, LLC adapts and manages their portfolio in the future.