Northwest Investment Counselors, LLC Q1 2023 vs. Q2 2023 13F Holdings Comparison

As the first quarter of 2023 came to a close and the second quarter began, Northwest Investment Counselors, LLC saw several changes in its holdings. In this article, we will explore the shifts in the top holdings of the firm and analyze the reasons behind these changes.

Microsoft Corporation (MSFT) maintained its position as the top holding in both Q1 and Q2 of 2023. Although there was a slight decrease in the number of shares held from 81,574 to 81,489, there was a significant increase in the value of the shares from $23,517,000 to $27,750,000. This 18% increase in value can be attributed to the ongoing success and growth of Microsoft in the technology industry.

Schwab Strategic Trust (SCHF) also remained a prominent holding for Northwest Investment Counselors, LLC. While there was a slight increase in the number of shares held from 639,202 to 645,299, the value of these shares experienced a modest rise from $22,244,000 to $23,004,000. The 3.4% increase in value suggests that the firm remains confident in the long-term potential of this strategic trust.

Ishares Trust (WOOD) saw a small increase in both the number of shares held (from 190,858 to 195,109) and the value of those shares (from $13,663,000 to $13,988,000) from Q1 to Q2 of 2023. This 2.4% increase indicates the firm's continued interest in this investment trust.

Apple Inc. (AAPL) experienced a notable decrease in the number of shares held, dropping from 71,652 to 63,518. However, the value of these shares increased from $11,815,000 to $12,320,000, suggesting that Northwest Investment Counselors, LLC believes in the company's future prospects despite the slight reduction in holdings.

Another significant shift in holdings occurred with Oracle Corporation (ORCL). The number of shares held remained relatively stable, with a slight increase from 79,100 to 79,477. However, the value of these shares saw a substantial jump from $7,350,000 to $9,464,000. This 28.8% increase indicates growing confidence in Oracle's performance in the market.

Among the other notable changes in holdings for Northwest Investment Counselors, LLC are Caterpillar Inc. (CAT), which saw a decrease in shares held but a small increase in value; Alphabet Inc. (GOOG), which experienced minimal changes in both shares held and value; and Procter and Gamble Co. (PG), which saw a slight decrease in shares held but minimal change in value.

These shifts in holdings reflect the ever-changing landscape of the market and the careful consideration that Northwest Investment Counselors, LLC takes in managing its portfolio. While some holdings saw increases in both shares and value, others experienced slight decreases or remained relatively stable. Each of these decisions is made in line with the firm's investment strategy and goals.

It is important to note that 13F filings provide a snapshot of a firm's holdings at a specific point in time and should not be seen as a comprehensive analysis of their investment strategy. Additionally, it is worth mentioning that holdings can change rapidly, and investors should always do thorough research and consult with financial professionals before making any investment decisions.

In conclusion, Northwest Investment Counselors, LLC made some notable changes in its holdings during the transition from Q1 to Q2 of 2023. These changes reflect the firm's strategic assessment of various companies and their potential for growth. By staying abreast of these shifts, investors can gain valuable insights into the market and make informed decisions about their own portfolios.