Wilsey Asset Management Inc Q2 2023 vs. Q3 2023 13F Holdings Comparison

Microsoft, Molson Coors, and Valero Energy Among Top Holdings During Q2 2023 and Q3 2023

In the highly competitive world of asset management, staying on top of market trends and making informed investment decisions is crucial. One way investment firms track market activity is through the submission and analysis of Form 13F filings. Form 13F is a quarterly report filed by institutional investment managers with at least $100 million in assets under management. These reports provide insight into the holdings of these managers, including the number of shares held and the total value of those holdings.

Wilsey Asset Management Inc, a well-established investment firm, recently filed their 13F report for the second and third quarters of 2023. This report reveals interesting changes in their holdings during this period, shedding light on their investment strategies and the companies they have chosen to invest in.

One of the notable findings from Wilsey Asset Management Inc's 13F report is their consistent interest in technology giant Microsoft. The firm held 111,315 shares of Microsoft in both Q2 and Q3 of 2023, with a value of $37,907,000 and $35,147,000, respectively. This indicates a slight decrease of 7.3% in value from Q2 to Q3, potentially reflecting market fluctuations or a strategic reallocation of assets.

Another company that stood out in Wilsey Asset Management Inc's holdings is brewing company Molson Coors. The firm increased their holdings in Molson Coors by 1.5% during the same period, going from 495,512 shares in Q2 to 505,140 shares in Q3. The value of their holdings decreased slightly from $32,624,000 in Q2 to $32,121,000 in Q3.

Valero Energy Corp, a multinational energy company, also caught the attention of Wilsey Asset Management Inc during Q2 and Q3 of 2023. The firm increased their holdings of Valero Energy by 21.5%, owning 219,248 shares in Q2 and 220,519 shares in Q3. The value of their holdings saw a significant boost, rising from $25,717,000 in Q2 to $31,249,000 in Q3. This substantial increase highlights the firm's confidence in the future performance of Valero Energy Corp.

Aside from these top holdings, Wilsey Asset Management Inc also maintained or adjusted their positions in various other companies. Some of the notable changes in their holdings include:

- The Cigna Group: A slight increase of 4.4% in the number of shares held, from 94,253 in Q2 to 96,516 in Q3.

- JPMorgan Chase & Co: A modest increase of 1.9% in the number of shares held, from 181,992 in Q2 to 185,942 in Q3.

- Wells Fargo Co New: A decrease of 1.6% in the number of shares held, from 592,312 in Q2 to 609,084 in Q3.

- Allstate Corp: A significant increase of 7.5% in the number of shares held, from 197,340 in Q2 to 207,669 in Q3.

- General Motors Co: A slight decrease of 11.4% in the number of shares held, from 675,785 in Q2 to 700,002 in Q3.

- FedEx Corp: A notable increase of 6.9% in the number of shares held, from 83,032 in Q2 to 83,097 in Q3.

- PayPal Holdings Inc: A substantial increase of 100% in the number of shares held, from 0 in Q2 to 309,978 in Q3.

- Pfizer Inc: A significant increase in the number of shares held, from 0 in Q2 to 567,848 in Q3.

These changes in holdings demonstrate Wilsey Asset Management Inc's active management approach and their willingness to adapt and respond to market conditions. By closely monitoring their holdings and making adjustments where necessary, the firm aims to optimize their investment portfolios and deliver satisfactory returns to their clients.

It is important to note that the figures presented in this article are based on publicly available information from Wilsey Asset Management Inc's 13F filing. The purpose of this article is to provide an overview and analysis of the changes in their holdings and should not be considered financial advice or a recommendation to invest in any specific company.

In conclusion, Wilsey Asset Management Inc's 13F report for Q2 and Q3 of 2023 reveals interesting changes in their holdings. The firm's investments in Microsoft, Molson Coors, and Valero Energy stand out, showcasing their strategic decision-making and market insights. With their active management approach, Wilsey Asset Management Inc continues to navigate the ever-changing investment landscape, aiming for success and growth for their clients.