Reliant Investment Management, LLC Q1 2023 vs. Q2 2023 13F Holdings Comparison

Introduction:

Investors are constantly looking for valuable insights into the latest trends and changes in holdings by prominent investment management firms. Reliant Investment Management, LLC is one such firm that is closely watched for its investment strategies. In this article, we will provide an in-depth analysis of Reliant Investment Management's 13F holdings for Q1 2023 compared to Q2 2023. These holdings shed light on the firm's investment decisions and can be a valuable source of information for both individual and institutional investors.

Reliant Investment Management, LLC Q1 2023 vs. Q2 2023 13F Holdings Comparison

Reliant Investment Management, LLC is known for its comprehensive approach to investment management. The firm's 13F holdings, a quarterly report filed with the Securities and Exchange Commission (SEC), provides a detailed overview of the securities it holds. The Q1 2023 vs. Q2 2023 comparison of these holdings reveals interesting changes in some of the firm's key investments.

One of the significant changes in Reliant Investment Management's portfolio is the reduction in holdings of "BROADCOM INC" (AVGO) by 8.1%. The number of shares held decreased from 10,971 to 10,087 during this period. Despite this decrease, the value of the holdings increased by 24.3% from $7,038,000 to $8,749,000, indicating a positive outlook on the company's prospects.

Another notable change is the slight decrease in holdings of "APPLE INC" (AAPL) by 0.9%. The number of shares held by Reliant Investment Management decreased from 45,072 to 44,660. However, the value of the holdings increased by 16.6% from $7,432,000 to $8,662,000, suggesting confidence in Apple's future growth.

Reliant Investment Management also slightly reduced its holdings in "LINDE PLC" (LIN) by 0.2%. The number of shares held remained relatively stable at 18,325, with a marginal decrease in value from $6,524,000 to $6,983,000. This suggests a cautious approach towards the company's performance.

On the other hand, Reliant Investment Management increased its holdings in "SCHLUMBERGER LTD" (SLB) by 1.3%. The number of shares held increased from 132,881 to 134,606, while the value of the holdings remained relatively stable at $6,524,000 to $6,611,000. This indicates a positive sentiment towards the company and its growth potential.

One interesting change in Reliant Investment Management's portfolio is the reduction in holdings of "THERMO FISHER SCIENTIFIC INC" (TMO) by 6.7%. The number of shares held decreased from 12,021 to 12,387, while the value of the holdings decreased from $6,928,000 to $6,462,000. This reduction may be attributed to various factors, including a reassessment of growth prospects or a reallocation of funds.

Reliant Investment Management also increased its holdings in "HOME DEPOT INC" (HD) by 10.2%. The number of shares held increased from 18,778 to 19,667, while the value of the holdings increased from $5,541,000 to $6,109,000. This indicates a positive view on the company's performance and long-term prospects.

Among the changes seen in Reliant Investment Management's portfolio, "ALPHABET INC" (GOOGL) witnessed a significant increase in holdings by 23.5%. The number of shares held increased from 45,491 to 48,688, while the value of the holdings increased from $4,718,000 to $5,827,000. This indicates strong confidence in Alphabet's business model and growth opportunities.

Conclusion:

Reliant Investment Management, LLC's Q1 2023 vs. Q2 2023 13F holdings comparison provides valuable insights into the firm's investment decisions and strategies. While some holdings were reduced, others were increased, reflecting a dynamic approach to portfolio management. These changes indicate the firm's confidence in specific companies and sectors and highlight potential investment opportunities for both individual and institutional investors.

Please note that the information provided in this article is based solely on the publicly available data from the 13F filings. It is important for readers to conduct further research and analysis before making any investment decisions.