Family Legacy Fund: A Comparison of Q2 2023 and Q3 2023 13F Holdings

In the fast-paced world of investing, staying up-to-date on the latest changes in fund holdings is crucial for experienced investors and newcomers alike. In this article, we will be focusing on the holdings of the Family Legacy Fund, comparing their Q2 2023 and Q3 2023 13F filings. During this period, the Family Legacy Fund made several interesting adjustments to their portfolio, shedding some holdings while acquiring new positions in others. Let's delve into the details and explore the implications of these changes. APPLE INC (AAPL): One of the biggest names in the tech industry, Apple Inc, witnessed a slight decrease in Family Legacy Fund's holdings. In Q2 2023, the fund held 45,127 shares, valued at $8,753,000, which decreased by 598 shares or 1.3%. Despite the decrease, Apple remained a significant contributor to the fund's portfolio. MICROSOFT CORP (MSFT): Microsoft Corp, another tech giant, also experienced a slight decrease in the fund's holdings. The Family Legacy Fund held 23,497 shares of Microsoft in Q2 2023, valued at $8,001,000. However, in Q3 2023, their holdings decreased by 257 shares or 1.1%, amounting to 23,240 shares valued at $7,337,000. GALLAGHER ARTHUR J & CO (AJG): The Family Legacy Fund showed confidence in the insurance brokerage and risk management firm, Gallagher Arthur J & Co. Their holdings increased from 26,026 shares in Q2 2023 to 25,840 shares in Q3 2023, representing a growth of 3.1%. The value of their holdings also increased slightly from $5,714,000 to $5,889,000. ELI LILLY & CO (LLY): The pharmaceutical industry is a popular choice for many funds, and Family Legacy Fund was no exception. In Q2 2023, the fund held 10,502 shares of Eli Lilly & Co, valued at $4,925,000. However, their holdings decreased by 344 shares or 3.3% in Q3 2023, amounting to 10,158 shares valued at $5,456,000. CATERPILLAR INC (CAT): The Family Legacy Fund maintained a relatively stable position in Caterpillar Inc, a leading manufacturer of construction and mining equipment. They held 19,396 shares in Q2 2023, valued at $4,772,000. In Q3 2023, their holdings remained almost unchanged, with a minor decrease of 12 shares or 0.1% to 19,384 shares valued at $5,291,000. VULCAN MATLS CO (VMC): Vulcan Materials Co, a company that produces construction materials, experienced a small decrease in the fund's holdings. In Q2 2023, the Family Legacy Fund held 26,081 shares of VMC, valued at $5,879,000. However, by Q3 2023, their holdings decreased by 64 shares or 0.2% to 26,145 shares valued at $5,281,000. These are just a few examples of the changes made by the Family Legacy Fund during Q2 and Q3 of 2023. It is important to note that these adjustments reflect the fund managers' strategies and the prevailing market conditions at the time. Analyzing these changes can provide valuable insights for other investors and analysts looking to gain a better understanding of the shifting dynamics in the market. However, it's essential to remember that every investment carries inherent risks, and past performance is not indicative of future results. Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. Investing in the stock market involves risks, and it is advisable to consult with a professional financial advisor before making any investment decisions.