Stralem & Co Inc Q1 2020 vs. Q2 2020 13F Holdings Comparison

The first quarter of 2020 brought a lot of challenges to investors worldwide, with the unprecedented impact of COVID-19 affecting almost all sectors. Investors had to rethink their strategies, with some selling off their existing holdings and others buying more stocks in the hope of making a profit. In this sense, Stralem & Co Inc was no exception. However, the hedge fund management company still managed to finish the first quarter strong, ending with a total portfolio value of $81.7 million. In the second quarter, Stralem & Co Inc continued to adapt to the changing market landscape, adding and removing several stocks from its portfolio. In this article, we will review Stralem & Co Inc's Q1 2020 vs. Q2 2020 13F holdings comparison and analyze the changes made in the period.

Adobe Inc sees a decrease in holdings

Adobe Inc, a company specializing in digital services and software solutions, faced a significant decrease in holdings from Stralem & Co Inc. The hedge fund management company sold 1,599 shares of Adobe between the first and second quarters of 2020, reducing its position in the company from 16,467 shares to 14,868 shares. This decrease corresponds to a 23.5% change.

D R Horton Inc - A new addition to the portfolio

Stralem & Co Inc has added one new company to its portfolio, D R Horton Inc, the largest home construction company in the United States. The company was not present in the Q1 2020 13F holdings report. In the second quarter of 2020, Stralem & Co Inc acquired 3,037 shares of D R Horton Inc, valued at $5191 thousand.

Microsoft Corp sees a decrease in holdings

Like Adobe Inc, Microsoft Corp also experienced a decrease in holdings from Stralem & Co Inc. Between Q1 2020 and Q2 2020, Stralem & Co Inc sold 335 shares of Microsoft Corp, reducing its position in the company from 29,167 shares to 28,832 shares. The decrease corresponds to a 27.6% change.

Visa Inc faces a decrease in holdings

Visa Inc, a multinational financial services company, also faced a decrease in holdings. Stralem & Co Inc sold 304 shares of Visa Inc between Q1 2020 and Q2 2020, reducing its position from 31,996 shares to 31,692 shares. The decrease corresponds to an 18.8% change.

Broadcom Inc sees a decrease in holdings

Broadcom Inc, a global technology company that designs and develops semiconductor and infrastructure software solutions, also faced a decrease in holdings. Stralem & Co Inc sold 685 shares of Broadcom Inc between Q1 2020 and Q2 2020, reducing its position from 17,595 shares to 16,910 shares. The decrease corresponds to a 27.9% change.

Tyson Foods Inc sees a slight increase in holdings

Tyson Foods Inc, a multinational corporation that produces and sells meat products, saw a slight increase in holdings. Stralem & Co Inc acquired 573 shares of Tyson Foods Inc between Q1 2020 and Q2 2020, increasing its position from 54,508 shares to 53,948 shares. The increase corresponds to a 2.1% change.

Conclusion

In conclusion, Stralem & Co Inc made significant changes to its portfolio holdings between Q1 2020 and Q2 2020. While the hedge fund management company added one new position, it also sold shares of several other stocks. Weathering the current market situation means adapting to change and making informed decisions. Based on the information available, it appears that Stralem & Co Inc has taken appropriate steps to do just that.