JGP Wealth Management, LLC Q2 2023 vs. Q3 2023 13F Holdings Comparison

Investment firms are always on the lookout for the latest trends and changes in the market. One way they stay informed is through the filing of Form 13F. This form is required by the Securities and Exchange Commission (SEC) for institutional investment managers who manage over $100 million in assets. It provides valuable information on the holdings of these managers, including the number of shares and the value of each stock.

JGP Wealth Management, LLC recently filed their Q2 2023 and Q3 2023 13F Holdings, and the comparison between the two quarters reveals some interesting changes. In this article, we will discuss the key findings from their 13F report and analyze the implications of these changes.

One of the notable changes in JGP Wealth Management's holdings is their increased position in Apple Inc (AAPL). In Q2 2023, they held 209,322 shares of Apple, which increased to 211,013 shares in Q3 2023. Although there was a slight decrease in the value of their holdings (-11%), this increase in the number of shares suggests that JGP Wealth Management is bullish on Apple's future prospects.

Similarly, JGP Wealth Management increased their holdings in Microsoft Corp (MSFT) from 76,003 shares in Q2 2023 to 77,016 shares in Q3 2023. Despite a decrease in the value of their holdings (-6%), the increase in the number of shares indicates their confidence in Microsoft's performance going forward.

Another interesting change is their decrease in holdings of NextEra Energy Inc (NEE). In Q2 2023, JGP Wealth Management held 180,865 shares of NextEra Energy, but this number significantly dropped to 148,432 shares in Q3 2023. This decrease in both the number of shares and the value of their holdings (-36.6%) suggests a more cautious approach towards NextEra Energy.

On the other hand, JGP Wealth Management increased their position in Abbott Labs (ABT) from 89,068 shares in Q2 2023 to 92,331 shares in Q3 2023. Despite a decrease in the value of their holdings (-7.9%), this increase in the number of shares shows their confidence in Abbott Labs' growth potential.

Overall, these changes in JGP Wealth Management's 13F holdings reflect their strategic moves in response to the market conditions. While they have increased their positions in some stocks, they have also decreased holdings in others. This dynamic portfolio management allows them to adapt to changing market trends and maximize returns for their clients.

It's important to note that 13F filings are released after a lag of 45 days, so the reported changes may not reflect the firm's current positions accurately. However, by analyzing these filings, investors can glean valuable insights into the strategies of investment managers and potentially make informed investment decisions.

In conclusion, JGP Wealth Management, LLC's Q2 2023 vs. Q3 2023 13F Holdings Comparison reveals some interesting changes in their portfolio. By increasing their positions in certain stocks and decreasing holdings in others, they demonstrate their flexibility and adaptability in response to market conditions. These strategic moves enable them to optimize their clients' investment portfolios and achieve their financial goals.