Cambridge Trust Co Q2 2023 vs. Q3 2023 13F Holdings Comparison

Introduction:

In the world of investing, it is crucial to stay informed about changes in holdings to make well-informed decisions. Today, we will be analyzing the Q2 2023 and Q3 2023 13F holdings comparison of Cambridge Trust Co. By examining the shifts in holdings, we can gain valuable insights into the investment strategy and potential market trends. Let's delve into the data and uncover the significant changes made by Cambridge Trust Co.

Holdings Comparison:

1. Apple Inc (AAPL):

- Q2 2023: 750,734 shares

- Q3 2023: 768,555 shares

- Q2 2023 Value: $145,619,000

- Q3 2023 Value: $131,584,000

- Change %: -9.6%

Cambridge Trust Co. increased its holdings of Apple Inc. by 17,821 shares, representing a change of -9.6%. Despite the decrease in value, Apple remains a popular investment choice for many due to its strong market presence and consistent performance.

2. Microsoft Corp (MSFT):

- Q2 2023: 392,765 shares

- Q3 2023: 396,577 shares

- Q2 2023 Value: $133,752,000

- Q3 2023 Value: $125,219,000

- Change %: -6.4%

Cambridge Trust Co. slightly increased its holdings of Microsoft Corp by 3,812 shares, with a change of -6.4%. Microsoft continues to be a dominant player in the technology industry, driving innovations and capturing global market share.

3. Alphabet Inc (GOOGL):

- Q2 2023: 474,082 shares

- Q3 2023: 477,716 shares

- Q2 2023 Value: $56,747,000

- Q3 2023 Value: $62,513,000

- Change %: 10.2%

Cambridge Trust Co. expanded its holdings of Alphabet Inc (Google) by 3,634 shares, representing a change of 10.2%. The increase in value indicates confidence in the company's future growth prospects and its ability to generate strong returns for shareholders.

4. Exxon Mobil Corp (XOM):

- Q2 2023: 484,623 shares

- Q3 2023: 481,893 shares

- Q2 2023 Value: $51,975,000

- Q3 2023 Value: $56,660,000

- Change %: 9%

Cambridge Trust Co. reduced its holdings of Exxon Mobil Corp by 2,730 shares, with a change of 9%. This slight reduction in holdings may suggest a reallocation of funds or a change in investment strategy.

5. iShares ETFs/USA (IEF):

- Q2 2023: 268,673 shares

- Q3 2023: 605,940 shares

- Q2 2023 Value: $25,953,000

- Q3 2023 Value: $55,498,000

- Change %: 113.8%

Cambridge Trust Co. significantly increased its holdings of iShares ETFs/USA by 337,267 shares, representing a remarkable change of 113.8%. This substantial increase indicates a strategic move to diversify the portfolio with ETFs, possibly to hedge against market volatility.

6. Visa Inc (V):

- Q2 2023: 204,789 shares

- Q3 2023: 204,884 shares

- Q2 2023 Value: $48,633,000

- Q3 2023 Value: $47,125,000

- Change %: -3.1%

Cambridge Trust Co. marginally increased its Visa Inc holdings by 95 shares, with a change of -3.1%. Visa Inc remains a strong player in the financial services sector, and Cambridge Trust Co's consistent investment reaffirms its confidence in the company.

7. Amazon.com Inc (AMZN):

- Q2 2023: 335,379 shares

- Q3 2023: 361,388 shares

- Q2 2023 Value: $43,720,000

- Q3 2023 Value: $45,939,000

- Change %: 5.1%

Cambridge Trust Co. increased its holdings of Amazon.com Inc by 26,009 shares, with a change of 5.1%. This increase reflects the continued dominance of Amazon in the e-commerce space and its growth potential in various sectors.

8. Berkshire Hathaway (BRK-A):

- Q2 2023: 85 shares

- Q3 2023: 85 shares

- Q2 2023 Value: $44,013,000

- Q3 2023 Value: $45,175,000

- Change %: 2.6%

Cambridge Trust Co. maintained its position in Berkshire Hathaway, with no change in the number of shares. While the value increased by 2.6%, Berkshire Hathaway's steady performance continues to be an attractive long-term investment choice.

9. JPMorgan Chase & Co (JPM):

- Q2 2023: 305,427 shares

- Q3 2023: 308,588 shares

- Q2 2023 Value: $44,421,000

- Q3 2023 Value: $44,751,000

- Change %: 0.7%

Cambridge Trust Co. slightly increased its holdings of JPMorgan Chase & Co by 3,161 shares, with a change of 0.7%. JPMorgan Chase is a well-established banking institution, and Cambridge Trust Co's modest increase underlines confidence in the company's stability.

Conclusion:

Analyzing the Q2 2023 vs. Q3 2023 13F holdings of Cambridge Trust Co provides valuable insights into their investment strategy. Throughout this comparison, we noticed various changes in holdings, both increases and decreases, across different companies. Despite the fluctuations, it is clear that Cambridge Trust Co remains focused on investing in well-established companies with strong growth potential. As investors, it is essential to stay up to date with these changes to make informed investment decisions. Remember, the market is ever-evolving, and careful analysis of holdings can help navigate the unpredictable waters of the financial world.