St. Johns Investment Management Company, LLC Q2 2023 vs. Q3 2023 13F Holdings Comparison

St. Johns Investment Management Company, LLC is a respected investment management company that regularly files Form 13F with the U.S. Securities and Exchange Commission (SEC). This form provides important information about the company's holdings, including changes in positions from one quarter to the next.

In this article, we will analyze and compare the holdings of St. Johns Investment Management Company, LLC for the second quarter of 2023 (Q2 2023) and the third quarter of 2023 (Q3 2023). By examining the changes in their holdings, we can gain valuable insights into the investment strategies employed by this reputable firm.

SCHWAB STRATEGIC TR - Decreased Holdings by 4.5%:

In Q2 2023, St. Johns Investment Management Company, LLC held 385,966 shares of SCHWAB STRATEGIC TR, with a value of $20,213,000. However, in Q3 2023, their holdings decreased to 381,431 shares, with a value of $19,300,000. This represents a decrease of 4.5% in their holdings of SCHWAB STRATEGIC TR. It is worth noting that despite the decrease in shares, the value of their holdings remained relatively stable.

APPLE INC - Increased Holdings by 9.4%:

St. Johns Investment Management Company, LLC added to their position in APPLE INC during Q3 2023. In Q2 2023, they held 61,870 shares of APPLE INC, with a value of $12,000,000. However, their holdings increased to 63,498 shares, with a value of $10,871,000 in Q3 2023. This represents an increase of 9.4% in their holdings of APPLE INC. The decision to increase their holdings in this tech giant indicates their confidence in the company's future prospects.

MICROSOFT CORP - Slight Decrease in Holdings:

St. Johns Investment Management Company, LLC made a slight adjustment to their holdings of MICROSOFT CORP between Q2 2023 and Q3 2023. In Q2 2023, they held 13,961 shares of MICROSOFT CORP, with a value of $4,754,000. However, in Q3 2023, their holdings decreased to 14,806 shares, with a value of $4,674,000. This represents a minor decrease of 1.7% in their holdings.

ALPHABET INC - Increased Holdings by 8.6%:

St. Johns Investment Management Company, LLC made a notable increase in their holdings of ALPHABET INC during Q3 2023. In Q2 2023, they held 26,845 shares of ALPHABET INC, with a value of $3,213,000. However, their holdings increased to 26,657 shares, with a value of $3,488,000 in Q3 2023. This represents an increase of 8.6% in their holdings of ALPHABET INC. The decision to increase their holdings is likely driven by their positive outlook on the company's growth potential.

The analysis of St. Johns Investment Management Company, LLC's Q2 2023 vs. Q3 2023 13F holdings comparison reveals a mix of increases and decreases in their positions. While they reduced their holdings in some companies, they also increased their holdings in others. This suggests a cautious approach, with a focus on optimizing their portfolio based on their assessment of each company's prospects.

It's important to note that these 13F holdings are from a specific period, and investment strategies can vary over time. Investors and financial analysts should carefully consider the latest holdings and any subsequent reports filed by St. Johns Investment Management Company, LLC to have a comprehensive view of their investment decisions.

Overall, St. Johns Investment Management Company, LLC's 13F holdings comparison offers valuable insights into their investment strategy, providing investors with useful information to make informed decisions. Investors should always conduct their own research and consult with their financial advisors before making any investment decisions.