Centre Asset Management, LLC Q3 2023 vs. Q4 2023 13F Holdings Comparison

In the rapidly evolving world of finance and investment, it is crucial to stay up to date with the latest trends and changes in holdings. Today, we will be examining the Q3 2023 vs. Q4 2023 13F Holdings Comparison for Centre Asset Management, LLC. This insightful analysis will provide valuable insights into the shifting landscape of investments and showcase the notable changes in holdings.

Before delving into the details, let's first understand the significance of the 13F form and why it matters. The Securities and Exchange Commission (SEC) mandates that institutional investment managers with over $100 million in assets under management must file a quarterly report known as the Form 13F. This document provides crucial information on the holdings of these managers, giving investors and the public a glimpse into their investment strategies.

Now, let's explore the changes in holdings for Centre Asset Management, LLC during the third and fourth quarters of 2023. We will be focusing on the top performers and observe any noteworthy shifts in their holdings.

1. Apple Inc (AAPL)

In Q3 2023, Centre Asset Management held 162,723 shares of Apple Inc, with a total value of $27,860,000. Moving into Q4 2023, their holdings decreased to 146,257 shares, with a value of $28,280,000. This represents a percentage decrease of 13%, indicating a slight reduction in their position.

2. Microsoft Corp (MSFT)

Centre Asset Management's holdings in Microsoft Corp also experienced a decrease from Q3 to Q4 2023. In Q3, they held 82,138 shares valued at $25,935,000. By Q4, their holdings decreased to 73,912 shares worth $27,000,000. This accounts for a decrease of 10%.

3. Amazon.com Inc (AMZN)

The company's holdings in Amazon.com Inc exhibited a similar trend. In Q3 2023, Centre Asset Management owned 177,295 shares of Amazon, valued at $22,538,000. However, their holdings decreased to 156,613 shares worth $23,600,000 in Q4 2023, reflecting a decrease of 12%.

4. Alphabet Inc (GOOG)

Moving on to Alphabet Inc, the parent company of Google, Centre Asset Management witnessed a decrease in their holdings. In Q3 2023, they had 124,410 shares valued at $16,336,000. However, by Q4 2023, their holdings decreased to 109,222 shares, with a value of $15,350,000. This represents a decrease of 12%.

5. Johnson & Johnson (JNJ)

Contrary to the overall trend, Centre Asset Management increased their holdings in Johnson & Johnson. In Q3 2023, they held 29,720 shares worth $4,629,000. By Q4 2023, their holdings surged to 86,120 shares valued at $8,600,000. This represents a significant increase of 190%.

These are just a few examples of the changes in holdings for Centre Asset Management, LLC during the transition from Q3 to Q4 2023. While some holdings experienced a decrease, others saw an increase, showcasing the dynamic nature of investment strategies.

Market trends, economic factors, and company-specific events can contribute to these fluctuations. It is essential for institutional investors and individuals alike to carefully monitor and adapt their investment portfolios to align with the evolving market conditions.

In conclusion, Centre Asset Management, LLC experienced notable changes in holdings during the transition from Q3 to Q4 2023. While some holdings decreased, others saw an increase, underscoring the need for flexibility and adaptability in the world of investments. Keeping a close eye on these changes can help investors make informed decisions and navigate the ever-changing landscape of the financial markets.