Neville Rodie & Shaw Inc Q2 2023 vs. Q3 2023 13F Holdings Comparison

Introduction:

Neville Rodie & Shaw Inc recently released the comparison of their 13F holdings between the second and third quarters of 2023. The data shows interesting changes in the company's investment portfolio during these periods. In this article, we will analyze the major changes in holdings and discuss the potential reasons behind them.

Apple Inc (AAPL):

In Q2 2023, Neville Rodie & Shaw Inc held 670,948 shares of Apple Inc. However, in Q3 2023, their holdings decreased to 666,180 shares. This represents a decrease of 0.7%. The value of their holdings also decreased from $130 million to $114 million, reflecting a decrease of 12.4%. The reason behind this reduction in holdings could be attributed to various factors, including profit-taking or a change in investment strategy.

Microsoft Corp (MSFT):

Neville Rodie & Shaw Inc's holdings in Microsoft Corp also experienced a slight decline. In Q2 2023, they held 176,342 shares, which decreased to 175,758 shares in Q3 2023. This represents a decrease of 0.3%. Similarly, the value of their holdings decreased from $60 million to $55 million, reflecting a decrease of 7.6%. The decrease in holdings could be due to the company's evaluation of their investment portfolio and making adjustments accordingly.

Thermo Fisher Scientific Inc (TMO):

The holdings of Neville Rodie & Shaw Inc in Thermo Fisher Scientific Inc witnessed a marginal decline as well. In Q2 2023, they held 84,995 shares, which decreased to 84,490 shares in Q3 2023. This represents a decrease of 0.6%. The value of their holdings also decreased from $44 million to $42 million, reflecting a decrease of 3.6%. The reason behind this decline could be related to market conditions or changes in the company's investment strategy.

Alphabet Class A (GOOGL):

While most of the holdings decreased, Neville Rodie & Shaw Inc's holdings in Alphabet Class A increased during this period. In Q2 2023, they held 307,810 shares, which increased to 306,785 shares in Q3 2023. This represents a slight decrease of 0.3%. However, the value of their holdings increased from $36 million to $40 million, reflecting an increase of 9%. The reason behind this increase could be due to positive performance expectations or favorable market conditions for Alphabet Class A.

Conclusion:

Neville Rodie & Shaw Inc's 13F holdings comparison between Q2 2023 and Q3 2023 reveals both decreases and increases in their investment portfolio. While some holdings experienced minor declines, others saw slight increases in both shares and value. The reasons behind these changes can vary, including profit-taking, evaluation of the investment portfolio, or response to market conditions.

It's important to note that the information provided in this article is based on the publicly available data from Neville Rodie & Shaw Inc's 13F filing, and it should not be considered as investment advice. Investors should conduct thorough research and analysis before making any investment decisions.