New Potomac Partners, LLC Q1 2023 vs. Q2 2023: An Overview of Fund Holdings

In the world of investments, it's crucial for fund managers and investors to keep a close eye on the changes happening in holdings. This information can provide valuable insights into market trends and the strategies adopted by various companies. In this article, we will delve into the Q1 2023 vs. Q2 2023 13F holdings comparison of New Potomac Partners, LLC, a renowned investment firm. Let's explore the significant changes in their portfolio.

ISHARES GOLD TR - A Little Dip in Holdings

New Potomac Partners, LLC had a small decrease of 3.1% in their holdings of IAU, which represents iShares Gold Trust. In Q1 2023, they held 214,349 shares, but the number decreased to 213,194 shares in Q2 2023. The value of their holdings also dipped slightly from $8,010,000 to $7,758,000.

APPLE INC - A Steady Decline in Holdings

The investment firm experienced a decline in their holdings of Apple Inc (AAPL). They held 38,120 shares in Q1 2023, which decreased to 36,391 shares in Q2 2023, representing a decrease of 12.3%. The value of their holdings also decreased from $6,285,000 to $7,058,000 during this period.

MICROSOFT CORP - Weathering the Storm

Despite market fluctuations, New Potomac Partners, LLC remained steadfast in their holdings of Microsoft Corp (MSFT). Although there was a decrease in the number of shares held from 21,313 in Q1 2023 to 19,504 in Q2 2023, the overall decline was only 8.1%. The value of their holdings also decreased slightly from $6,144,000 to $6,641,000.

ISHARES TR - A Minor Decrease

New Potomac Partners, LLC experienced a minor decrease of 6.4% in their holdings of iShares TR (IVV). They held 14,173 shares in Q1 2023, and the number decreased to 13,906 shares in Q2 2023. The value of their holdings also decreased from $5,826,000 to $6,198,000.

ISHARES INC - A Slight Increase

There was a small increase of 6.9% in the holdings of iShares Inc (EMXC) by New Potomac Partners, LLC. In Q1 2023, they held 84,710 shares, and the number increased to 85,969 shares in Q2 2023. The value of their holdings also increased from $4,178,000 to $4,468,000.

ORACLE CORP - A Significant Change

New Potomac Partners, LLC witnessed a notable change in their holdings of Oracle Corp (ORCL). There was a decrease of 14.9% in the number of shares held, with 39,645 shares in Q1 2023 and 35,548 shares in Q2 2023. The value of their holdings increased from $3,683,000 to $4,233,000 during this period.

LAM RESEARCH CORP - A Moderate Decline

The investment firm experienced a moderate decline of 18.2% in their holdings of Lam Research Corp (LRCX). They held 6,710 shares in Q1 2023, which decreased to 6,539 shares in Q2 2023. The value of their holdings also decreased from $3,557,000 to $4,203,000.

ALPHABET INC - A Steady Performance

New Potomac Partners, LLC maintained a steady performance in their holdings of Alphabet Inc (GOOG). The number of shares held decreased slightly from 34,605 in Q1 2023 to 34,003 in Q2 2023, representing a decline of 14.3%. The value of their holdings also decreased from $3,598,000 to $4,113,000.

HONEYWELL INTL INC - A Minor Increase

There was a minor increase of 8.7% in the holdings of Honeywell Intl Inc (HON) by New Potomac Partners, LLC. In Q1 2023, they held 17,310 shares, and the number increased to 17,334 shares in Q2 2023. The value of their holdings also increased from $3,308,000 to $3,596,000.

BLACKROCK INC - A Slight Change

New Potomac Partners, LLC experienced a slight change of 2.4% in their holdings of BlackRock Inc (BLK). They held 4,649 shares in Q1 2023, and the number decreased to 4,607 shares in Q2 2023. The value of their holdings remained relatively stable at $3,110,000 and $3,184,000 during this period.

SSGA ACTIVE ETF TR - A Moderate Increase

The investment firm witnessed a moderate increase of 6.4% in their holdings of SSGA Active ETF TR (TOTL). They held 71,885 shares in Q1 2023, and the number increased to 77,422 shares in Q2 2023. The value of their holdings also increased from $2,949,000 to $3,139,000.

Conclusion

Analyzing the Q1 2023 vs. Q2 2023 13F holdings comparison of New Potomac Partners, LLC provides valuable insights into the fluctuations happening in their portfolio. While there were minor decreases in some holdings, others experienced significant changes. By staying up-to-date with this information, investors can make informed decisions and adapt their strategies accordingly. Remember, the financial market is dynamic, and these changes are an inherent part of the investment landscape.