Uncommon Cents Investing LLC Q2 2023 vs. Q3 2023 13F Holdings Comparison

In the world of investing, staying updated with the latest changes in holdings of funds is crucial for making informed decisions. One such aspect is comparing the holdings of different quarters. In this article, we will dive into the comparison between Uncommon Cents Investing LLC's 13F holdings in Q2 2023 and Q3 2023. Let's take a closer look at the data and explore the implications of these changes.

Microsoft Corp (MSFT):

Uncommon Cents Investing LLC held 33,678 shares of Microsoft Corp in Q2 2023, which decreased to 33,333 shares in Q3 2023. The value of their holdings also decreased from $11,468,000 to $10,524,000, representing an 8.2% change. This reduction in holdings could signify a shift in their investment strategy or a change in market sentiment towards Microsoft Corp.

Kroger Co (KR):

The fund's holdings in Kroger Co experienced a slight decrease from 176,955 shares in Q2 2023 to 173,655 shares in Q3 2023. The value of their holdings also decreased from $8,316,000 to $7,771,000, resulting in a 6.6% change. This reduction could potentially indicate a change in the fund's perception of the company's growth prospects or market dynamics surrounding the retail industry.

ASA Gold and Precious Metals Ltd (ASA):

Uncommon Cents Investing LLC's holdings in ASA Gold and Precious Metals Ltd saw a decrease from 566,714 shares in Q2 2023 to 558,264 shares in Q3 2023. The value of their holdings also decreased from $8,427,000 to $7,441,000, reflecting an 11.7% change. This reduction could be attributed to various factors, including shifts in the gold and precious metals market or changes in the fund's investment strategy.

ConocoPhillips (COP):

The fund's holdings in ConocoPhillips experienced a decrease from 60,345 shares in Q2 2023 to 58,295 shares in Q3 2023. However, the value of their holdings increased from $6,252,000 to $6,983,000, indicating an 11.7% change. This change could imply that Uncommon Cents Investing LLC sees potential growth opportunities in ConocoPhillips, despite reducing their overall number of shares.

Archer Daniels Midland Co (ADM):

Uncommon Cents Investing LLC's holdings in Archer Daniels Midland Co decreased from 84,990 shares in Q2 2023 to 83,520 shares in Q3 2023. The value of their holdings also decreased from $6,421,000 to $6,299,000, resulting in a 1.9% change. This reduction could be due to various factors, including shifts in the agriculture industry or adjustments to the fund's portfolio composition.

Weyerhaeuser Co (WY):

The fund's holdings in Weyerhaeuser Co saw a slight decrease from 188,919 shares in Q2 2023 to 189,629 shares in Q3 2023. The value of their holdings decreased from $6,330,000 to $5,814,000, reflecting an 8.2% change. This change could be an indication of a reevaluation of the fund's investment strategy in the forestry and timber industry.

PIMCO ETF Trust (MINT):

Uncommon Cents Investing LLC's holdings in PIMCO ETF Trust's MINT decreased from 57,675 shares in Q2 2023 to 55,450 shares in Q3 2023. The value of their holdings also decreased from $5,753,000 to $5,552,000, resulting in a 3.5% change. This decrease could imply a change in the fund's investment preferences or adjustments to their fixed-income portfolio.

Wells Fargo & Co (WFC):

The fund's holdings in Wells Fargo & Co experienced a decrease from 128,864 shares in Q2 2023 to 127,864 shares in Q3 2023. The value of their holdings also decreased from $5,499,000 to $5,224,000, indicating a 5% change. This reduction could potentially represent a change in the fund's perception of the banking industry or adjustments to their financial holdings.

Norfolk Southern Corp (NSC):

Uncommon Cents Investing LLC's holdings in Norfolk Southern Corp saw an increase from 23,555 shares in Q2 2023 to 25,570 shares in Q3 2023. The value of their holdings also increased from $5,341,000 to $5,035,000, reflecting a 5.7% change. This increase could suggest the fund's positive outlook on the transportation and logistics sector or adjustments to their portfolio composition.

Tri-Continental Corp (TY):

The fund's holdings in Tri-Continental Corp increased from 171,153 shares in Q2 2023 to 172,463 shares in Q3 2023. However, the value of their holdings decreased from $4,693,000 to $4,585,000, resulting in a 2.3% change. This change could potentially indicate a reallocation within the fund's investment strategy or market dynamics specific to the company.

Johnson & Johnson (JNJ):

Uncommon Cents Investing LLC's holdings in Johnson & Johnson decreased from 29,202 shares in Q2 2023 to 28,850 shares in Q3 2023. The value of their holdings also decreased from $4,833,000 to $4,493,000, reflecting a 7% change. This decrease could be attributed to various factors, including shifts in the healthcare industry or adjustments to the fund's portfolio composition.

These are just a few of the many changes in holdings observed in Uncommon Cents Investing LLC's Q2 2023 versus Q3 2023 13F filings. It's important to note that these changes are based on data provided and do not constitute financial advice. Investors are always encouraged to conduct thorough research and seek professional guidance before making any investment decisions.