Seneca House Advisors Q1 2023 vs. Q2 2023 13F Holdings Comparison

In the dynamic world of finance, it's crucial for investment firms to stay on top of their holdings. Seneca House Advisors recently released their Q1 2023 and Q2 2023 13F holdings, and the changes are intriguing. Let's take a closer look at the notable shifts in their portfolio.

Microsoft Corp (MSFT):

In the first quarter, Seneca House Advisors held 37,605 shares of Microsoft Corp, but in the second quarter, the number decreased to 33,137 shares, representing a 4.1% decline. The value of the holdings also fluctuated, with a slight increase from $10,841,000 to $11,284,000.

Alphabet Inc (GOOGL):

Seneca House Advisors owned 79,254 shares of Alphabet Inc in Q1 2023, which decreased to 74,692 shares in Q2 2023, showcasing an 8.8% decrease in holdings. However, the value of these shares rose from $8,221,000 to $8,940,000.

Vulcan Materials Co (VMC):

With a Q1 2023 holding of 41,094 shares, Seneca House Advisors reduced their position to 37,712 shares in Q2 2023, marking a significant 20.6% decrease. Despite the reduction in shares, the value of the holdings increased from $7,050,000 to $8,501,000.

WP Carey Inc (WPC):

Seneca House Advisors maintained a relatively stable position with WP Carey Inc in Q1 2023 and Q2 2023, with a minimal decrease in shares from 121,963 to 121,779, representing a mere 0.15% decline. However, the value of the holdings dropped significantly from $9,446,000 to $8,227,000, showcasing a 12.9% decrease.

Invesco QQQ TR (QQQ):

Seneca House Advisors held 22,756 shares of Invesco QQQ TR in Q1 2023, which decreased to 21,415 shares in Q2 2023, reflecting an 8.3% decrease. Nevertheless, the value of these shares rose from $7,303,000 to $7,910,000.

JPMorgan Chase & Co (JPM):

With JPMorgan Chase & Co, Seneca House Advisors showed minimal changes in their position. The number of shares held remained relatively stable at 53,719 in Q1 2023 and 53,576 in Q2 2023. However, the value of these shares increased by 11.3%, from $7,000,000 to $7,792,000.

Starwood Property Trust Inc (STWD):

Seneca House Advisors held a significant number of shares with Starwood Property Trust Inc, with 401,908 shares in Q1 2023 and a slight decrease to 398,048 shares in Q2 2023, representing an 8.6% decrease. The value of the holdings also experienced a slight decline from $7,109,000 to $7,722,000.

AssetMark Financial Holdings Inc (AMK):

In Q1 2023, Seneca House Advisors held 239,500 shares of AssetMark Financial Holdings Inc, which decreased to 230,500 shares in Q2 2023, representing a 9.2% decline. Similarly, the value of these shares also decreased from $7,532,000 to $6,836,000.

These are just a few examples of the changes in Seneca House Advisors' holdings from Q1 2023 to Q2 2023. The financial landscape is continually evolving, and investment firms need to adapt their portfolios accordingly. Stay tuned for more updates on the latest market trends and fund holdings.

Please note that the information provided in this article is purely for informational purposes and should not be considered financial advice. Always consult with a qualified financial advisor before making any investment decisions.