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

Introduction:

In the world of investment management, keeping track of holdings and making strategic changes is crucial for success. This article analyzes the changes in holdings of Sterling Investment Management, LLC between Q2 2023 and Q3 2023, as reported in their 13F filings. The comparison focuses on the changes in the number of shares and the value of holdings for various companies.

Vanguard Short-Term Treasury ETF (VGSH):

Sterling Investment Management, LLC decreased its holdings of VGSH by 9.8% from Q2 2023 to Q3 2023. The number of shares held decreased from 306,529 to 277,173, while the value of the holdings decreased from $17,695,000 to $15,965,000.

Berkshire Hathaway Inc. Cl B New (BRK-B):

The holdings of Berkshire Hathaway Inc. Cl B New decreased by 22.4% in Sterling Investment Management, LLC's portfolio. The number of shares decreased from 33,373 to 25,212, and the value of the holdings decreased from $11,380,000 to $8,831,000.

SPDR Gold Shares (GLD):

Sterling Investment Management, LLC made a small change in its holdings of GLD, with a decrease of 6.4%. The number of shares decreased from 41,952 to 40,850, while the value of the holdings decreased from $7,478,000 to $7,003,000.

SPDR Bloomberg 1-3 Month T-Bill ETF (BIL):

An overall decrease of 7.1% was observed in Sterling Investment Management, LLC's holdings of BIL. The number of shares decreased from 68,405 to 63,573, and the value of the holdings decreased from $6,280,000 to $5,837,000.

Berkshire Hathaway Inc. Cl A (BRK-A):

There was no significant change in the holdings of Berkshire Hathaway Inc. Cl A in Sterling Investment Management, LLC's portfolio. The number of shares remained constant at 7, with a slight increase in the value of the holdings from $3,624,000 to $3,720,000.

Microsoft Corp. (MSFT):

Sterling Investment Management, LLC slightly decreased its holdings of Microsoft Corp. by 7.5%. The number of shares decreased from 11,004 to 10,973, and the value of the holdings decreased from $3,747,000 to $3,464,000.

AbbVie Inc. (ABBV):

The holdings of AbbVie Inc. increased by 8.8% in Sterling Investment Management, LLC's portfolio. The number of shares increased from 21,263 to 20,908, and the value of the holdings increased from $2,864,000 to $3,116,000.

Apple Inc. (AAPL):

Sterling Investment Management, LLC decreased its holdings of Apple Inc. by 13.4%. The number of shares decreased from 17,944 to 17,603, and the value of the holdings decreased from $3,480,000 to $3,013,000.

Canadian Pacific Kansas City (CP.TO):

There was a small decrease of 6% in Sterling Investment Management, LLC's holdings of Canadian Pacific Kansas City. The number of shares decreased from 39,497 to 40,292, and the value of the holdings decreased from $3,190,000 to $2,998,000.

Canadian National Railway (CNR.TO):

Sterling Investment Management, LLC significantly increased its holdings of Canadian National Railway by 37%. The number of shares increased from 17,899 to 27,405, and the value of the holdings increased from $2,167,000 to $2,968,000.

Comcast Corp. Cl A (CMCSA):

Sterling Investment Management, LLC made a small increase of 4.8% in its holdings of Comcast Corp. Cl A. The number of shares increased from 65,475 to 64,298, and the value of the holdings increased from $2,720,000 to $2,850,000.

Conclusion:

These are just a few of the many changes in holdings for Sterling Investment Management, LLC between Q2 2023 and Q3 2023. It is essential for investment management firms to closely track and analyze these changes to ensure the best possible returns for their clients. By examining the shifts in holdings, investors can gain valuable insights into the strategies and decisions made by fund managers.