DAVENPORT & Co LLC Q3 2023 vs. Q4 2023 13F Holdings Comparison

Investment firm Davenport & Co LLC recently released its 13F holdings for the third quarter (Q3) and fourth quarter (Q4) of 2023. Let's take a closer look at the changes in their holdings and the companies they invested in during this period.

Brookfield Corp (BN.TO) - Davenport & Co LLC increased their holdings in Brookfield Corp, a global alternative asset management company, from 9,540,134 shares in Q3 to 10,335,443 shares in Q4. The value of their holdings also increased from $298,319,000 to $416,260,000, representing a 39.5% change.

Markel Group Inc (MKL) - Davenport & Co LLC reduced their holdings in Markel Group Inc, an insurance company, from 308,422 shares in Q3 to 250,544 shares in Q4. The value of their holdings decreased from $456,468,000 to $355,236,000, indicating a 22.2% change.

Microsoft Corp (MSFT) - Davenport & Co LLC maintained their holdings in Microsoft Corp, a multinational technology company, with 946,947 shares in both Q3 and Q4. The value of their holdings increased from $298,610,000 to $354,771,000, representing an 18.8% change.

Amazon.com Inc (AMZN) - Davenport & Co LLC slightly reduced their holdings in Amazon.com Inc, an e-commerce giant, from 1,896,405 shares in Q3 to 1,856,789 shares in Q4. The value of their holdings increased from $240,918,000 to $282,472,000, indicating a 17.2% change.

Berkshire Hathaway Inc (BRK-B) - Davenport & Co LLC decreased their holdings in Berkshire Hathaway Inc, a multinational conglomerate, from 761,019 shares in Q3 to 714,611 shares in Q4. The value of their holdings declined from $267,491,000 to $254,836,000, representing a 4.7% change.

Alphabet Inc (GOOGL) - Davenport & Co LLC maintained their holdings in Alphabet Inc, the parent company of Google, with 1,665,405 shares in Q3 and 1,668,538 shares in Q4. The value of their holdings increased from $218,339,000 to $233,136,000, indicating a 6.8% change.

Apple Inc (AAPL) - Davenport & Co LLC kept their holdings in Apple Inc, a multinational technology company, stable with 1,125,316 shares in Q3 and 1,117,191 shares in Q4. The value of their holdings increased from $192,502,000 to $215,039,000, representing an 11.7% change.

Johnson & Johnson (JNJ) - Davenport & Co LLC increased their holdings in Johnson & Johnson, a pharmaceutical and consumer goods company, from 1,211,990 shares in Q3 to 1,371,648 shares in Q4. The value of their holdings rose from $189,025,000 to $214,939,000, indicating a 13.7% change.

Walt Disney Co (DIS) - Davenport & Co LLC maintained their holdings in Walt Disney Co, a multinational entertainment and media company, with 2,369,114 shares in Q3 and 2,366,407 shares in Q4. The value of their holdings increased from $191,798,000 to $213,826,000, representing an 11.5% change.

Martin Marietta Materials Inc (MLM) - Davenport & Co LLC slightly increased their holdings in Martin Marietta Materials Inc, a construction materials company, from 420,661 shares in Q3 to 423,953 shares in Q4. The value of their holdings increased from $173,045,000 to $211,102,000, indicating a 22% change.

These are just a few highlights from Davenport & Co LLC's 13F holdings comparison for Q3 2023 and Q4 2023. It's evident that the investment firm made strategic adjustments to their portfolio during this period, capitalizing on potential growth opportunities.