Reliant Investment Management, LLC Q2 2023 vs. Q3 2023 13F Holdings Comparison

Introduction:

Every quarter, investment firms are required to file Form 13F with the Securities and Exchange Commission (SEC), disclosing their holdings of publicly traded securities. Reliant Investment Management, LLC is one such firm that recently filed their Q2 2023 and Q3 2023 13F holdings. In this article, we will explore the changes in their holdings and analyze the implications of these changes.

Reliant Investment Management, LLC Q2 2023 vs. Q3 2023 13F Holdings Comparison

The second quarter of 2023 saw some interesting changes in Reliant Investment Management, LLC's holdings. One of the notable increases was in their holdings of Schlumberger Ltd (SLB), with a 14.7% increase from 134,606 shares to 130,131 shares. This increase indicates a positive outlook on the company's future prospects. Similarly, ConocoPhillips (COP) witnessed a 15.1% increase in Reliant Investment Management, LLC's holdings.

Another company that experienced a significant increase in holdings was Alphabet Inc (GOOGL), with Reliant Investment Management, LLC increasing their holdings by 17.3% from 48,688 shares to 52,251 shares. This suggests that the investment firm has confidence in the growth potential of Alphabet Inc.

On the other hand, there were some decreases in holdings during the second quarter of 2023. Apple Inc (AAPL) saw a 9.2% decrease in Reliant Investment Management, LLC's holdings, which could be attributed to various factors such as market trends or internal investment strategies. Home Depot Inc (HD) and UnitedHealth Group Inc (UNH) also experienced decreases in their holdings, indicating a shift in investment focus.

Moving on to the third quarter of 2023, there were further changes in Reliant Investment Management, LLC's holdings. It is worth noting that Amazon.com Inc (AMZN) was not listed in the second quarter's holdings but appeared with 32,815 shares in the third quarter. This could suggest a new investment decision or a change in strategy.

Halliburton Co (HAL) witnessed a significant increase in holdings, with a 22.6% rise from 128,660 shares to 128,484 shares. This increase might be due to positive market sentiment or an anticipated boost in the company's performance. Caterpillar Inc (CAT) also saw a rise in holdings, indicating continued confidence in the company's prospects.

However, not all companies experienced increases in holdings. RTX Corporation (RTX) saw a substantial decrease of 24.9% in Reliant Investment Management, LLC's holdings. This decrease could be attributed to various factors, including company-specific issues or changes in investment strategy.

Conclusion:

Analyzing the Q2 2023 and Q3 2023 13F holdings of Reliant Investment Management, LLC gives us insights into their investment decisions. While some companies witnessed increases in holdings, others experienced decreases. These changes highlight the dynamic nature of the market and the importance of continuously assessing investment strategies.

It is important to note that the data presented in this article is based on the publicly available holdings of Reliant Investment Management, LLC and does not constitute investment advice. Investors should conduct further research and analysis before making any investment decisions.

Overall, Reliant Investment Management, LLC's Q2 2023 vs. Q3 2023 13F holdings comparison provides a glimpse into their investment strategy and offers valuable insights for investors looking to make informed decisions in the market.