Cornell Pochily Investment Advisors, Inc. Q1 2023 vs. Q2 2023: A Comprehensive Analysis of Fund Holdings

In the world of investment, staying updated with the latest changes in fund holdings is crucial. Investment firms are required to file a Form 13F with the Securities and Exchange Commission (SEC) every quarter, providing information on their holdings. Cornell Pochily Investment Advisors, Inc. is no exception. In this article, we will analyze the Q1 2023 and Q2 2023 holdings of Cornell Pochily Investment Advisors, Inc., exploring the changes and their potential impact.

Snapshot of Cornell Pochily Investment Advisors, Inc.'s Holdings:

- AAPL (Apple Inc.): The fund saw a slight decrease in its holdings of Apple Inc. shares, with a change of -1.1%. However, the value of the holdings increased by 16.3% from Q1 2023 to Q2 2023.

- SPY (SPDR S&P 500 ETF TR): The fund also experienced a slight decrease in its holdings of SPDR S&P 500 ETF TR, with a change of -1.2%. Nevertheless, the value of the holdings increased by 7% during the same period.

- MSFT (Microsoft Corp): Cornell Pochily Investment Advisors, Inc. maintained a relatively stable position in Microsoft Corp., with only a marginal change in holdings. The value of the holdings increased by 17.3% from Q1 2023 to Q2 2023.

- TMP (Tompkins Finl Corp): The fund witnessed a significant increase in holdings of Tompkins Finl Corp, with a change of 10.1%. Surprisingly, despite the increase in shares, the value of the holdings decreased by 7.5%.

- ITOT (iShares TR): Cornell Pochily Investment Advisors, Inc. showed confidence in iShares TR, with a slight decrease of -2.7% in holdings. However, the value of the holdings increased by 5% during the same period.

- ABBV (AbbVie Inc): The fund saw a marginal decrease in its holdings of AbbVie Inc shares, with a change of -0.1%. However, the value of the holdings decreased significantly by -15.6% from Q1 2023 to Q2 2023.

- BRK-A (Berkshire Hathaway Inc Del): Cornell Pochily Investment Advisors, Inc. maintained a stable position in Berkshire Hathaway Inc Del, with no change in holdings. The value of the holdings increased by 11.2% during the same period.

- XOM (Exxon Mobil Corp): The fund witnessed a slight decrease in holdings of Exxon Mobil Corp, with a change of -0.01%. Surprisingly, despite the decrease in shares, the value of the holdings decreased by -2.2%.

- ABT (Abbott Labs): Cornell Pochily Investment Advisors, Inc. maintained a stable position in Abbott Labs, with no change in holdings. The value of the holdings increased by 7.7% during the same period.

- PG (Procter and Gamble Co): The fund saw a slight decrease in its holdings of Procter and Gamble Co shares, with a change of -0.8%. However, the value of the holdings increased by 1.2% from Q1 2023 to Q2 2023.

- BRK-B (Berkshire Hathaway Inc Del): Cornell Pochily Investment Advisors, Inc. maintained a stable position in Berkshire Hathaway Inc Del, with no change in holdings. The value of the holdings increased by 11.3% during the same period.

- VYM (Vanguard Whitehall Fds): The fund witnessed a slight increase in holdings of Vanguard Whitehall Fds, with a change of 0.04%. However, the value of the holdings increased by 0.6%.

- NVDA (NVIDIA Corporation): Cornell Pochily Investment Advisors, Inc. exhibited confidence in NVIDIA Corporation, with a slight decrease of -2.2% in holdings. However, the value of the holdings increased significantly by 48.9% during the same period.

- IVV (iShares TR): The fund saw a marginal decrease in its holdings of iShares TR, with a change of -2.6%. Nevertheless, the value of the holdings increased by 5.3% from Q1 2023 to Q2 2023.

- QQQ (Invesco QQQ TR): Cornell Pochily Investment Advisors, Inc. demonstrated confidence in Invesco QQQ TR, with a slight decrease of -1.3% in holdings. However, the value of the holdings increased by 13.6%.

- GOOG (Alphabet Inc): The fund witnessed a marginal decrease in holdings of Alphabet Inc, with a change of -0.51%. Surprisingly, despite the decrease in shares, the value of the holdings increased by 15.7%.

- JNJ (Johnson & Johnson): Cornell Pochily Investment Advisors, Inc. maintained a stable position in Johnson & Johnson, with no change in holdings. The value of the holdings increased by 15.8% during the same period.

- DGRO (iShares TR): The fund demonstrated confidence in iShares TR, with a slight decrease of -0.9% in holdings. However, the value of the holdings increased by 2.1%.

Exploring the Changes and Potential Impacts:

Based on the analysis of Cornell Pochily Investment Advisors, Inc.'s Q1 2023 vs. Q2 2023 holdings, we can observe various trends and potential impacts. Despite slight decreases in certain holdings, the overall value of the fund's investments increased significantly. It is essential to note that the changes in holdings and their impact can be influenced by various factors, including market conditions, company performance, and the investment strategy of Cornell Pochily Investment Advisors, Inc.

Notably, the fund showed confidence in technology giants like Apple Inc., Microsoft Corp, and NVIDIA Corporation, with significant increases in their respective holdings' value. These companies have continued to demonstrate strong growth and innovation, making them attractive investment options.

On the other hand, holdings of pharmaceutical companies like AbbVie Inc experienced a decrease in value. The pharmaceutical industry can be volatile due to changing government regulations and patent expirations. It is crucial to closely monitor the performance of these companies and assess their long-term potential.

In conclusion, analyzing the changes in fund holdings provides valuable insights into the investment strategy of Cornell Pochily Investment Advisors, Inc. Despite slight fluctuations in holdings, the overall value of the fund's investments increased. It is essential for investors to stay informed about such changes and consider them when making investment decisions.

Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. Investors should conduct their own research and consult with a professional before making any investment decisions.