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

Did you ever wonder how investment management firms analyze their holdings and make decisions? Bourne Lent Asset Management Inc recently released their Q2 2023 and Q3 2023 13F holdings, providing a comprehensive overview of their changes in holdings. In this article, we will explore the key differences in Bourne Lent Asset Management Inc's portfolio between these two quarters. Let's dive in!

ADOBE INC

One of the notable changes in Bourne Lent Asset Management Inc's portfolio is the decrease in their holdings of ADOBE INC. In Q2 2023, they held 71,329 shares, which decreased to 57,914 shares in Q3 2023. This represents a decrease of 15.3%. The value of their holdings also declined from $34,879,000 to $29,530,000 during this period.

APPLE INC

Another significant change is observed in Bourne Lent Asset Management Inc's holdings of APPLE INC. Their holdings decreased from 167,137 shares in Q2 2023 to 159,777 shares in Q3 2023, reflecting a decrease of 15.6%. The value of their holdings also declined from $32,419,000 to $27,355,000.

MICROSOFT CORP

Bourne Lent Asset Management Inc also reduced their holdings of MICROSOFT CORP. In Q2 2023, they owned 100,589 shares, which decreased to 79,879 shares in Q3 2023. This represents a decrease of 26.4%. The value of their holdings also decreased from $34,254,000 to $25,221,000.

ALPHABET INC

However, not all changes in Bourne Lent Asset Management Inc's portfolio were negative. They increased their holdings of ALPHABET INC in Q3 2023 compared to Q2 2023. In Q2 2023, they held 133,320 shares, which increased to 127,280 shares in Q3 2023. This represents a 4.1% increase. The value of their holdings also increased from $16,127,000 to $16,781,000.

IDEXX LABS INC

One of the significant decreases in Bourne Lent Asset Management Inc's portfolio is the holdings of IDEXX LABS INC. In Q2 2023, they held 69,221 shares, which significantly decreased to 33,896 shares in Q3 2023. This represents a drastic decrease of 57.4%. The value of their holdings also declined from $34,764,000 to $14,821,000.

BRISTOL-MYERS SQUIBB CO

Bourne Lent Asset Management Inc also reduced their holdings of BRISTOL-MYERS SQUIBB CO. In Q2 2023, they owned 206,353 shares, which decreased to 184,991 shares in Q3 2023. This represents a decrease of 18.6%. The value of their holdings also decreased from $13,196,000 to $10,736,000.

INTUITIVE SURGICAL INC

Another notable decrease is observed in Bourne Lent Asset Management Inc's holdings of INTUITIVE SURGICAL INC. Their holdings decreased from 40,679 shares in Q2 2023 to 28,229 shares in Q3 2023, reflecting a decrease of 40.7%. The value of their holdings also decreased from $13,909,000 to $8,251,000.

CISCO SYS INC

Bourne Lent Asset Management Inc also reduced their holdings of CISCO SYS INC. In Q2 2023, they owned 152,849 shares, which decreased to 137,409 shares in Q3 2023. This represents a decrease of 6.6%. The value of their holdings also decreased from $7,908,000 to $7,387,000.

QUANTA SVCS INC

One of the few holdings that remained consistent in Bourne Lent Asset Management Inc's portfolio is QUANTA SVCS INC. They held 38,720 shares in both Q2 2023 and Q3 2023, representing no change in their holdings. The value of their holdings also remained steady at $7,606,000.

PAYCHEX INC

However, not all changes in Bourne Lent Asset Management Inc's portfolio were positive. They decreased their holdings of PAYCHEX INC. In Q2 2023, they held 83,577 shares, which decreased to 58,784 shares in Q3 2023. This represents a decrease of 27.5%. The value of their holdings also decreased from $9,349,000 to $6,779,000.

In conclusion, Bourne Lent Asset Management Inc made several changes to their portfolio between Q2 2023 and Q3 2023. While they decreased their holdings in some companies like ADOBE INC and APPLE INC, they also increased their holdings in others like ALPHABET INC. These changes reflect the dynamic nature of the investment management industry. Stay tuned for more updates on Bourne Lent Asset Management Inc's 13F holdings in the future.