Suncoast Equity Management Q2 2023 vs. Q3 2023 13F Holdings Comparison

Did you know that Suncoast Equity Management recently made some significant changes to its holdings in Q2 2023 and Q3 2023? In this article, we will take a closer look at the comparison of their 13F holdings and analyze the changes that occurred during this period.

One of the major changes in Suncoast Equity Management's portfolio was its holdings in Microsoft Corporation (MSFT). In Q2 2023, they held 170,443 shares, which increased to 175,254 shares in Q3 2023. However, the value of these shares declined from $58,042,000 to $55,336,000, representing a decrease of 4.7%.

Another notable change was in their holdings of Apple Inc (AAPL). The number of shares held increased from 290,681 in Q2 2023 to 294,824 in Q3 2023. However, there was a significant decrease in the value of these shares, dropping from $56,383,000 to $50,476,000, symbolizing a decrease of 10.5%.

A positive change occurred in Suncoast Equity Management's holdings of Alphabet Inc (GOOG). While the number of shares declined from 300,513 in Q2 2023 to 293,618 in Q3 2023, the value of these shares increased from $36,353,000 to $38,713,000, reflecting a 6.5% growth.

Accenture PLC Ireland (ACN) also witnessed an increase in holdings. The number of shares held rose from 122,692 in Q2 2023 to 125,378 in Q3 2023. The value of these shares also saw a slight increase, going from $37,860,000 to $38,504,000, indicating a 1.7% rise.

Intuit (INTU) had a notable increase in both the number of shares held and their value. The number of shares jumped from 71,893 in Q2 2023 to 73,179 in Q3 2023, whereas the value increased from $32,940,000 to $37,390,000, symbolizing a growth of 13.5%.

Suncoast Equity Management's holdings in Visa Inc (V) experienced a minor dip. The number of shares declined from 152,332 in Q2 2023 to 154,072 in Q3 2023. The value of these shares also decreased from $36,175,000 to $35,438,000, signifying a 2% decrease.

Adobe Inc (ADBE) witnessed a positive change in its holdings. The number of shares held increased from 67,017 in Q2 2023 to 68,341 in Q3 2023. The value of these shares also rose from $32,770,000 to $34,847,000, indicating a growth of 6.3%.

Booking Holdings Inc (BKNG) experienced an increase in both the number of shares held and their value. The number of shares rose from 10,705 in Q2 2023 to 10,913 in Q3 2023. The value of these shares saw a significant increase from $28,907,000 to $33,655,000, reflecting a growth of 16.4%.

These are just a few of the changes that occurred in Suncoast Equity Management's portfolio during this period. The 13F filings provide valuable insights into the buying and selling activities of institutional investors, and understanding these changes can be crucial for investors looking to make informed decisions.

Keep in mind that these numbers represent a specific period, and it's essential to consider various factors when analyzing investment trends. Nevertheless, analyzing 13F holdings can be an excellent starting point for investors seeking insights into the activities of institutional investors.

In conclusion, Suncoast Equity Management made several changes to its holdings during Q2 2023 and Q3 2023. By closely examining these 13F holdings, investors can gain valuable insights into the investment decisions made by Suncoast Equity Management and potentially uncover investment opportunities of their own. As always, it's crucial to conduct thorough research and consult with a financial advisor before making any investment decisions.