Navigating the Changes in Fund Holdings: Northwest Investment Counselors, LLC Q4 2022 vs. Q1 2023

As the world of investing becomes more complex, data-driven insights become more critical. Investment companies file quarterly reports detailing their holdings, known as 13Fs, providing a transparent look into their portfolio changes for the public. In this blog post, we'll explore the changes in fund holdings for Northwest Investment Counselors, LLC between Q4 2022 and Q1 2023.

Northwest Investment Counselors, LLC is a financial services company based in Portland, Oregon, offering asset management services to individuals and institutions. The diversified investment strategy of the company aims to reduce risk while generating long-term wealth.

Let's take a closer look at their Q4 2022 and Q1 2023 holdings, as reported in their 13F filings.

Microsoft Corp

Northwest Investment Counselors' holdings for Microsoft Corp remained relatively stable, decreasing by 1,033 shares or 1.25%, resulting in a final count of 81,574 shares. However, the fund's market value in Microsoft increased by 18.7% from $19,810,000 to $23,517,000.

Schwab Strategic Tr

The holdings of Northwest Investment Counselors in Schwab Strategic Tr decreased by 7,306 shares or 1.12%, resulting in a final count of 639,202 shares. This decrease led to a decrease in the market value of the shares held, dropping by 6.8% from $20,824,000 to $22,244,000.

iShares Tr

Northwest Investment Counselors' holdings in iShares Tr also decreased. The fund held 3,271 fewer shares, resulting in a final count of 190,858 shares. This decrease had a more significant impact on the market value, which decreased by 3.3% from $14,122,000 to $13,663,000.

Apple Inc

The holdings of Northwest Investment Counselors in Apple Inc remained stable, decreasing by only 109 shares or 0.15%, resulting in a final count of 71,652 shares. However, the market value of the fund's holdings in the tech giant increased significantly by 26.7% from $9,323,000 to $11,815,000.

Other stocks with stable holdings included United Parcel Service Inc, for which the count remained unchanged at 25,416 shares but saw a significant increase in market value by 11.6%, from $4,418,000 to $4,930,000. Starbucks Corp also had relatively stable holdings, increasing by only 237 shares or 0.75%, resulting in a final count of 31,626 shares. The market value increased by 4.2% from $3,160,000 to $3,293,000.

On the other hand, Northwest Investment Counselors' holdings in Schlumberger Ltd, Exxon Mobil Corp, and Johnson & Johnson all saw a significant decrease. The holdings in Schlumberger Ltd decreased by 44,081 shares or 24.29% from Q4 2022 to Q1 2023, resulting in a final count of 137,054 shares. In companies, Exxon Mobil Corp's holdings went down by 18,298 shares or 23.35%, resulting in a final count of 59,985 shares, while Johnson & Johnson saw the holdings decrease by 12,025 shares or 19.09%, resulting in a final count of 50,958 shares.

In conclusion, the Q4 2022 vs. Q1 2023 holdings comparison for Northwest Investment Counselors, LLC, reveals both increases and decreases in holdings and market values. While some holdings maintained stability, others saw significant changes with varied reasons leading to such changes. These insights can provide a useful tool for investors looking to better understand the changes in holdings of their investment advisors and make more informed investment decisions.