Violich Capital Management, Inc. Q2 2023 vs. Q3 2023 13F Holdings Comparison

Introduction:

Investors are always interested in understanding the changes in holdings of various funds. In this article, we will analyze the changes in holdings of Violich Capital Management, Inc. from Q2 2023 to Q3 2023. By delving into these changes, we can gain insights into the investment strategies of the fund and potentially identify investment opportunities.

Microsoft Corp:

In Q2 2023, Violich Capital Management held 187,194 shares of Microsoft Corp, with a value of $63,747,000. However, in Q3 2023, the number of shares decreased to 177,340, representing a 12.2% decrease. Similarly, the value of the shares decreased to $55,995,000, showing a significant change in investment.

Apple Inc:

Another notable change in the fund's holdings is in Apple Inc. In Q2 2023, the fund held 290,247 shares of Apple Inc, valued at $56,299,000. However, in Q3 2023, the number of shares dropped to 283,897, reflecting a 13.7% decrease. The value of the shares also declined to $48,606,000, indicating a substantial shift in the fund's investment strategy.

Alphabet Inc Cl C and Alphabet Inc Cl A:

Violich Capital Management also made changes to its holdings in Alphabet Inc. In Q2 2023, the fund held 365,220 shares of Alphabet Inc Cl C, valued at $44,181,000. However, in Q3 2023, the number of shares decreased to 348,020, representing a 3.9% decrease. The value of the shares increased slightly to $45,886,000, showing a modest change in investment.

Similarly, in Q2 2023, the fund held 325,060 shares of Alphabet Inc Cl A, valued at $38,910,000. In Q3 2023, the number of shares decreased to 317,870, reflecting a 6.9% decrease. The value of the shares increased to $41,596,000, indicating a small alteration in the fund's investment strategy.

Costco Wholesale Corp:

In Q2 2023, Violich Capital Management held 63,315 shares of Costco Wholesale Corp, valued at $34,088,000. However, in Q3 2023, the number of shares decreased to 61,305, representing a 1.6% decrease. The value of the shares also declined to $34,635,000, indicating a slight change in the fund's investment.

Visa Inc Cl A:

Another significant change in the fund's holdings is in Visa Inc Cl A. In Q2 2023, the fund held 140,829 shares of Visa Inc Cl A, valued at $33,444,000. However, in Q3 2023, the number of shares dropped to 134,784, reflecting a 7.3% decrease. The value of the shares also decreased to $31,002,000, indicating a substantial shift in the fund's investment strategy.

Oracle Corp:

Violich Capital Management made changes to its holdings in Oracle Corp as well. In Q2 2023, the fund held 205,276 shares of Oracle Corp, valued at $24,446,000. However, in Q3 2023, the number of shares decreased to 196,491, representing a 14.9% decrease. The value of the shares decreased to $20,812,000, indicating a significant change in the fund's investment.

Conclusion:

The changes in holdings of Violich Capital Management, Inc. indicate a dynamic investment strategy. The fund has made notable adjustments to its holdings in various companies such as Microsoft Corp, Apple Inc, Alphabet Inc, Costco Wholesale Corp, Visa Inc Cl A, and Oracle Corp. By analyzing these changes, investors can gain insights into the fund's investment approach and potentially make informed investment decisions.

Note: The data and analysis provided in this blog post are based on publicly available information and should not be considered as financial advice. Investors should conduct their own research and consult with a financial advisor before making any investment decisions.