Wendell David Associates Inc Q2 2023 vs. Q3 2023 13F Holdings Comparison

Apple, Mastercard, and Microsoft Experience Slight Decreases in Holdings, While Abbott Labs and PepsiCo See Significant Drops

Wendell David Associates Inc, a prominent investment management firm, recently released its 13F filings for the second and third quarters of 2023. These filings provide valuable insights into the firm's holdings and investment strategies during that period. In this article, we will analyze the changes in holdings for some of the key companies in Wendell David Associates Inc's portfolio.

Apple, one of the most widely held stocks in the world, saw a slight decrease in holdings from Q2 to Q3 2023. The number of shares held by Wendell David Associates Inc dropped from 314,369 to 308,028, representing a 13.5% decrease. Similarly, Mastercard, another popular stock, experienced a minor decrease in holdings, with the number of shares dropping from 128,014 to 124,720, reflecting a 1.9% decrease.

On the other hand, Abbott Labs and PepsiCo witnessed more substantial drops in holdings during the same period. Abbott Labs, a global healthcare company, saw its holdings decrease by 10% from Q2 to Q3 2023. Wendell David Associates Inc held 221,476 shares of Abbott Labs in Q2, which fell to 224,399 shares in Q3. Similarly, PepsiCo, a leading food and beverage company, experienced a 9.2% decrease in holdings. The number of shares held by Wendell David Associates Inc dropped from 90,343 to 89,689.

Moving on to Microsoft, the tech giant also experienced a slight decrease in holdings during the analyzed period. Wendell David Associates Inc held 136,160 shares of Microsoft in Q2 2023, which decreased to 135,281 shares in Q3 2023, representing a 7.9% decrease.

In contrast, some companies in Wendell David Associates Inc's portfolio experienced positive changes in holdings. Automatic Data Processing (ADP), a leading provider of human resources management software and services, saw its holdings increase by 10.2% from Q2 to Q3 2023. The number of shares held by the investment management firm rose from 186,796 to 188,026.

Another notable increase in holdings was observed for Intuit, the company behind popular financial software such as TurboTax and QuickBooks. Wendell David Associates Inc held 38,191 shares of Intuit in Q2, and this number rose to 39,239 in Q3, reflecting a 14.6% increase.

While these changes in holdings provide valuable insights into Wendell David Associates Inc's investment strategies, it's important to note that the 13F filings depict a snapshot of the firm's holdings at a specific point in time. It may not reflect the current holdings of the investment management firm.

In conclusion, the Q2 2023 vs. Q3 2023 13F holdings comparison for Wendell David Associates Inc reveals both minor and significant changes in the firm's holdings. While popular stocks like Apple and Mastercard experienced slight decreases, companies like Abbott Labs and PepsiCo saw notable drops in holdings. On the other hand, ADP and Intuit witnessed increases in holdings, showcasing the investment management firm's evolving investment strategies. These changes not only reflect the dynamics of the market but also provide valuable insights for investors looking to understand Wendell David Associates Inc's investment approach.