St. James Investment Company, LLC Q1 2023 vs. Q2 2023: A Comprehensive Look at the Changes in Holdings

In the ever-changing world of investments, it is crucial to stay up to date with the latest trends and shifts in holdings. Today, we dive into the holdings of St. James Investment Company, LLC, comparing their Q1 2023 to Q2 2023 data. This analysis will provide valuable insights into the decisions made by St. James Investment Company, LLC, and shed light on the changing landscape of the investment world.

Berkshire Hathaway Inc: A Slight Dip in Holdings

One of the standout holdings for St. James Investment Company, LLC, is Berkshire Hathaway Inc (BRK-B). While there was a slight decrease in the number of shares held from Q1 2023 (214,713 shares) to Q2 2023 (209,949 shares), the value of these shares increased from $66,296,000 to $71,592,000, marking an 8% change. Despite the decrease in share count, the increase in value suggests that St. James Investment Company, LLC still sees potential in this iconic company.

SPDR Ser Tr: A Small Decline in Holdings

Another notable holding for St. James Investment Company, LLC is SPDR Ser Tr (BIL). This investment vehicle saw a small decline in holdings from Q1 2023 (707,403 shares) to Q2 2023 (680,114 shares). While the decrease in share count might raise eyebrows, it is essential to note that the value of these shares remained relatively stable, experiencing a slight decrease from $64,953,000 to $62,448,000 (-3.9%).

Goldman Sachs ETF Tr: A Significant Increase in Holdings

On a more positive note, St. James Investment Company, LLC significantly increased its holdings in Goldman Sachs ETF Tr (GBIL). The number of shares held jumped from 448,250 in Q1 2023 to an impressive 609,140 in Q2 2023. This influx of shares resulted in a 35.8% increase in value, pushing the worth of these shares from $44,887,000 to $60,956,000. This uptick in holdings indicates that St. James Investment Company, LLC has confidence in the future performance of this ETF.

Aggnico Eagle Mines Ltd: A Minor Decrease in Holdings

While some holdings experienced growth, others saw a slight decrease. Agnico Eagle Mines Ltd (AEM) is one such example. St. James Investment Company, LLC held 953,356 shares in Q1 2023, which decreased to 928,613 shares in Q2 2023. Despite this reduction, the value of these shares saw only a minor decline from $48,592,000 to $46,412,000 (-4.5%). It is worth noting that even with the decrease in share count, the value remained relatively stable, indicating a strategic approach by St. James Investment Company, LLC.

Loews Corp: A Marginal Change in Holdings

St. James Investment Company, LLC also held shares in Loews Corp (L) during the analyzed period. The number of shares held decreased slightly from 692,925 in Q1 2023 to 681,263 in Q2 2023. This minor change in holdings resulted in a negligible impact on the value of these shares, with only a 0.6% increase from $40,203,000 to $40,453,000. While the change may not be significant, it showcases the company's vigilance in managing its portfolio.

Insights on Other Holdings

In addition to the above-mentioned holdings, St. James Investment Company, LLC exhibited an array of decisions across various companies. Some holdings experienced commendable growth: Comcast Corp New (CMCSA) saw a 16.4% increase in share value, while Medtronic PLC (MDT) saw an 8.2% surge. On the other hand, Corteva Inc (CTVA) faced a 12.7% decrease in share value, and Barrick Gold Corp (ABX.TO) experienced a 15.2% dip. These examples serve as a reminder that investments can be subject to volatility and are continually influenced by market forces.

In the fast-paced world of investing, monitoring and analyzing holdings is vital to make informed decisions. St. James Investment Company, LLC exhibits strategic decision-making in their holdings, evidenced by their diversified portfolio and measured approach to value fluctuations. By constantly reassessing their investments and adapting to market changes, St. James Investment Company, LLC exemplifies the qualities of a savvy investment firm, always striving for optimal outcomes.

Disclaimer: The information provided in this article is solely for informational purposes and should not be considered as financial advice. Past performance is not indicative of future results. Always do thorough research and consult with a professional before making any investment decisions.