Stokes & Hubbell Capital Management, LLC Reveals Q1 2019 Holdings in SEC Form 13F Filing: Analysis of Changes in Stocks Held.

Stokes & Hubbell Capital Management, LLC is a registered investment advisory firm based in San Francisco. They recently filed their Form 13F with the SEC, revealing their holdings as of the end of Q1 2019. This report shows a comparison of their Q4 2018 holdings versus their Q1 2019 holdings for the stocks they hold. In this blog post, we'll take a closer look at the holdings and analyze the changes that have taken place.

One of the biggest changes that took place was in the stock of Vanguard International Equity Index Fund (VEU). In Q4 2018, the company held 427,403 shares worth $19,481,000. This number dropped significantly in Q1 2019, where they only held 282,324 shares worth $14,159,000. The decline in holdings represents a significant decrease of 27.3%. Although there are many reasons why a company could choose to sell off a portion of their shares, it's worth noting that VEU has been declining over the past year, and this could be a factor in why this sell-off occurred.

Another interesting change that occurred in Stokes & Hubbell Capital Management, LLC's portfolio was their stake in Ishares Inc (IEMG). In Q4 2018, the company held 273,262 shares worth $12,884,000. In Q1 2019, however, they only held 175,496 shares worth $9,075,000. This represents a significant decrease of 29.6%. Although it's not clear why the company chose to sell off these shares, IEMG has also been down over the past year, so this could be a contributing factor.

On the other hand, the company increased its holdings in a few stocks. Vanguard Whitehall FDS Inc (VYMI), for example, saw an increase of 341.8% in holdings. In Q4 2018, the company held 44,997 shares worth $2,532,000. In Q1 2019, they held 183,805 shares worth $11,186,000. Similarly, their stake in Shyd (Ishares TR) increased by 1,714.7%, from 10,130 shares worth $502,000 to 180,570 shares worth $9,110,000. These types of changes could indicate that the company has more confidence in the stocks and their potential growth prospects.

In addition, the company maintained their position in a range of blue-chip stocks. Johnson & Johnson (JNJ), for example, saw only a slight decrease in holdings – from 109,684 shares worth $14,155,000 to 103,138 shares worth $14,418,000. Similarly, Apple Inc (AAPL) saw only a small decrease in holdings – from 71,085 shares worth $11,213,000 to 70,634 shares worth $13,417,000. This suggests that the company has a long-term view towards these stocks and sees them as strong performers over time.

One stock that saw a huge increase in value was Facebook Inc (META), which saw a 17.8% increase in value from Q4 2018 to Q1 2019. However, the company's stake in the stock remained relatively stable, with a slight decrease in shares from 26,720 to 24,755. This increase in value could represent a positive trend in the overall market and could indicate the company has a bullish view on the technology sector.

Overall, the report suggests that Stokes & Hubbell Capital Management, LLC has made some strategic changes in their holdings, both buying and selling shares of stocks. However, the majority of their holdings remained constant, suggesting that the company has a solid core of stocks it believes in. Any changes to their portfolio could potentially reflect their view on the performance of a particular company, the overall strength of the sector that the company operates in, or broader market trends. It's essential to remember that these are just static holding positions, and changes over a short time frame doesn't necessarily mean any significant recommendation or action from the investment team of Stokes & Hubbell Capital Management, LLC.