Stonebridge Capital Management Inc Q1 2023 vs. Q2 2023 13F Holdings Comparison

Apple, Microsoft, and Oracle Among Top Holdings for Stonebridge Capital Management Inc in Q2 2023

Stonebridge Capital Management Inc has released its 13F holdings comparison report for the first and second quarters of 2023. The report reveals the changes in the fund's holdings during this period, highlighting the top holdings and their values. Apple, Microsoft, and Oracle are among the top holdings for Stonebridge Capital Management Inc, reflecting the fund's confidence in these tech giants.

In the first quarter of 2023, Stonebridge Capital Management Inc held 107,902 shares of Apple, worth $17,793,000. However, the fund slightly reduced its stake in this tech giant in the second quarter, with holdings totaling 105,188 shares, worth $20,000. Despite a small decrease in shares, the value of the holdings increased, indicating potential growth prospects for Apple.

Similarly, Stonebridge Capital Management Inc had a significant position in Microsoft during the first and second quarters of 2023. In Q1, the fund held 55,307 shares of Microsoft, valued at $15,945,000. The holdings were slightly reduced in the second quarter, with 51,457 shares worth $17,000. This reduction in shares may be attributed to various factors, including profit-taking or portfolio rebalancing.

Oracle Corp also featured prominently in Stonebridge Capital Management Inc's holdings. In Q1 2023, the fund held 100,646 shares of Oracle, worth $9,352,000. However, by the second quarter, the holdings slightly decreased to 96,796 shares, valued at $11,000. Despite the decrease in shares, the value of the holdings increased, suggesting positive market sentiment towards Oracle.

Stonebridge Capital Management Inc's confidence in the technology sector extended beyond these giants. The fund also held a significant number of shares in companies like Intel Corp, Cisco Systems Inc, and NVIDIA Corp. These tech companies continue to dominate the market, and Stonebridge Capital Management Inc's investment in them reflects the fund's anticipation of future growth.

While analyzing the report, it is essential to note that the fund's portfolio reflects the investment strategy and risk appetite of Stonebridge Capital Management Inc. It is essential for investors and analysts to consider this data alongside other factors to make informed investment decisions.

Stonebridge Capital Management Inc's 13F holdings comparison report provides valuable insights into the fund's investment decisions during Q1 and Q2 2023. The top holdings in tech giants like Apple, Microsoft, and Oracle indicate the fund's confidence in these companies. As the technology sector continues to evolve and shape the global economy, Stonebridge Capital Management Inc is positioning itself to benefit from this growth.

Disclaimer: The information mentioned in this article is based on data obtained from Stonebridge Capital Management Inc's 13F holdings comparison report for Q1 and Q2 2023. It is for informational purposes only and should not be considered as financial advice. Investing in the stock market carries risks, and readers are encouraged to conduct their research and consult with a financial advisor before making any investment decisions.