Ridgewood Investments LLC Q2 2023 vs. Q3 2023 13F Holdings Comparison

Introduction:

In this blog post, we will compare the holdings of Ridgewood Investments LLC in the second quarter of 2023 with their holdings in the third quarter of 2023. We will analyze the changes in holdings of various funds and discuss the implications of these changes. Let's dive into the details!

Ridgewood Investments LLC Q2 2023 vs. Q3 2023 13F Holdings Comparison

Ridgewood Investments LLC, a prominent investment firm, recently released its 13F filings for the second and third quarters of 2023. These filings provide valuable insights into the firm's investment strategy and portfolio changes.

One of the notable changes in Ridgewood Investments LLC's holdings is the decrease in their stake in Berkshire Hathaway Inc. In the second quarter of 2023, the firm held 51,949 shares of Berkshire Hathaway, but in the third quarter, this number dropped to 51,763 shares. Despite this decrease, the value of their holdings increased from $17,714,000 to $18,132,000. This change indicates that although Ridgewood Investments LLC reduced their position in Berkshire Hathaway, the value of their holdings in the company actually increased.

Another interesting change in Ridgewood Investments LLC's portfolio is the significant increase in their holdings of iShares TR. In the second quarter, the firm held 5,511 shares of iShares TR, but in the third quarter, this number jumped to 48,043 shares. Additionally, the value of their holdings increased from $608,000 to $5,307,000, reflecting a staggering 771.9% change. This substantial increase suggests that Ridgewood Investments LLC has a lot of confidence in iShares TR and expects it to perform well in the future.

Moving on, Ridgewood Investments LLC slightly decreased its holdings in Vanguard Intl Equity Index F. In the second quarter, the firm held 33,547 shares, and this number decreased to 33,496 shares in the third quarter. The value of their holdings also experienced a moderate decrease from $3,253,000 to $3,121,000, indicating a 4.1% change. Although the decrease is relatively small, it suggests that the firm may have reevaluated its position in Vanguard Intl Equity Index F.

Microsoft Corp is another company that saw a significant change in Ridgewood Investments LLC's holdings. In the second quarter, the firm held 4,268 shares of Microsoft, and this number increased to 8,110 shares in the third quarter. Moreover, the value of their holdings more than doubled from $1,453,000 to $2,560,000, representing an impressive 76.2% change. This substantial increase signifies Ridgewood Investments LLC's confidence in the future growth and performance of Microsoft.

Conclusion:

The comparison of Ridgewood Investments LLC's holdings in the second and third quarters of 2023 provides valuable insights into the firm's investment strategy. The changes in holdings of various funds indicate the firm's reevaluation of their positions and their expectations for future performance. Despite some minor decreases in holdings, the overall trend of increasing values demonstrates Ridgewood Investments LLC's confidence in the market. Investors and analysts can use this information to make informed decisions and gain a deeper understanding of Ridgewood Investments LLC's investment approach.