Penn Davis Mcfarland Inc Q2 2023 vs. Q3 2023 13F Holdings Comparison

Introduction:

In this blog post, we will be analyzing the changes in holdings of Penn Davis Mcfarland Inc between the second quarter (Q2) of 2023 and the third quarter (Q3) of 2023. By examining the 13F filings of the company, we will discuss the notable shifts in the number of shares and their corresponding values for various issuers. Let's delve deeper into these changes and understand their implications.

Google Inc (GOOG):

During the Q3 of 2023, Penn Davis Mcfarland Inc witnessed a decrease in its holdings of Alphabet Inc CL C (Google C) shares. The number of shares declined from 503,682 in Q2 to 496,109 in Q3, marking a decrease of 7.4%. Similarly, the value of these holdings also saw a decrease from $60,930,000 to $65,411,000. This change could be attributed to various factors, such as market conditions, investor sentiments, or company-specific developments.

Shell plc (SHEL):

Penn Davis Mcfarland Inc's holdings of Shell plc also witnessed a decline in Q3 2023 compared to Q2 2023. The number of shares decreased from 563,385 to 554,953, indicating a decrease of 5%. Additionally, the value of these holdings declined from $34,017,000 to $35,727,000. This decrease could be a result of various factors, including company-specific news, industry trends, or market dynamics.

Apple Inc. (AAPL):

In the case of Apple Inc., Penn Davis Mcfarland Inc's holdings experienced a slight decrease during Q3 2023 compared to Q2 2023. The number of shares declined from 205,565 to 204,330, representing a decrease of 1.7%. Similarly, the value of these holdings decreased from $39,873,000 to $34,983,000. This decrease could be attributed to factors such as changes in investor sentiment towards the technology sector or adjustments in portfolio diversification strategies.

Enterprise Products Partners L.P. (EPD):

Penn Davis Mcfarland Inc's holdings of Enterprise Products Partners L.P. also experienced a decline during Q3 2023. The number of shares decreased from 1,220,950 to 1,205,852, indicating a decrease of 1.2%. Additionally, the value of these holdings slightly increased from $32,172,000 to $33,004,000. This decrease in the number of shares could be a strategic move by Penn Davis Mcfarland Inc or a response to market conditions.

Activision Blizzard, Inc. (ATVI):

During the Q3 of 2023, Penn Davis Mcfarland Inc's holdings of Activision Blizzard, Inc. witnessed a decrease in the number of shares. The number of shares declined from 327,722 to 319,872, marking a decrease of 2.4%. However, the value of these holdings increased from $27,626,000 to $29,949,000. This change could be attributed to various factors, such as company-specific developments or market conditions affecting the gaming industry.

Kinder Morgan, Inc. (KMI):

Penn Davis Mcfarland Inc's holdings of Kinder Morgan, Inc. experienced a slight decrease during Q3 2023 compared to Q2 2023. The number of shares declined from 1,650,441 to 1,655,088, representing a marginal increase of 0.3%. However, the value of these holdings decreased from $28,420,000 to $27,441,000. This decrease could be a result of various factors, including changes in the energy sector or adjustments in investment strategies.

UnitedHealth Group Inc. (UNH):

In the case of UnitedHealth Group Inc., Penn Davis Mcfarland Inc's holdings experienced a slight decrease during Q3 2023 compared to Q2 2023. The number of shares declined from 52,688 to 51,786, indicating a decrease of 1.7%. Similarly, the value of these holdings increased from $25,323,000 to $26,109,000. This decrease in the number of shares could be a strategic move by Penn Davis Mcfarland Inc or a response to market conditions.

Analyzing Other Companies:

In addition to the companies mentioned above, Penn Davis Mcfarland Inc also saw changes in holdings for various other issuers. Some experienced decreases in the number of shares, while others saw increases. These changes could be a result of various factors, such as company-specific developments, changes in market conditions, or adjustments in investment strategies.

Conclusion:

In this blog post, we analyzed the changes in holdings of Penn Davis Mcfarland Inc between the second quarter (Q2) of 2023 and the third quarter (Q3) of 2023. By examining the 13F filings of the company, we discussed the notable shifts in the number of shares and their corresponding values for various issuers. These changes could be the result of multiple factors, such as market conditions, investor sentiments, or company-specific developments. Understanding these changes can provide valuable insights into the investment strategies of Penn Davis Mcfarland Inc.