Campbell Newman Asset Management Inc Q2 2023 vs. Q3 2023 13F Holdings Comparison

Apple, Microsoft, and Broadcom Lead Changes in Campbell Newman Asset Management's Q2-Q3 13F Holdings

Campbell Newman Asset Management Inc recently released its 13F filings for the second and third quarters of 2023, revealing several notable changes in their holdings. The 13F form is a quarterly report that institutional investors with over $100 million in assets under management are required to file with the Securities and Exchange Commission (SEC). Here's a closer look at the key changes in Campbell Newman Asset Management's holdings during this period.

Apple, Inc. (AAPL):

In Q3 2023, Campbell Newman Asset Management reduced its holdings in Apple, Inc. by 16.8%, going from 427,045 shares in Q2 to 402,603 shares. The value of the holdings also decreased from $82,833,000 to $68,929,000.

Microsoft Corp. (MSFT):

Campbell Newman Asset Management slightly reduced its holdings in Microsoft Corp. in Q3 2023. The number of shares went from 217,165 in Q2 to 215,608 in Q3, representing a decrease of 7.9%. The value of the holdings also decreased from $73,953,000 to $68,078,000.

Broadcom, Inc. (AVGO):

There was a minimal change in Campbell Newman Asset Management's holdings in Broadcom, Inc. The number of shares increased by 0.3%, going from 52,715 in Q2 to 52,731 in Q3. The value of the holdings decreased from $45,726,000 to $43,797,000.

KLA Corp. (KLAC):

Campbell Newman Asset Management significantly reduced its holdings in KLA Corp. during this period. The number of shares decreased by 11.6%, going from 101,897 in Q2 to 90,159 in Q3. The value of the holdings also decreased from $49,422,000 to $41,352,000.

ConocoPhillips (COP):

Campbell Newman Asset Management maintained a relatively stable position in ConocoPhillips. The number of shares decreased slightly from 342,255 in Q2 to 341,765 in Q3, representing a decrease of 0.14%. However, the value of the holdings increased from $35,461,000 to $40,943,000.

These examples highlight key changes in Campbell Newman Asset Management's holdings. However, it's essential to note that holdings in other companies not mentioned here may have experienced significant changes as well.

The 13F filings provide valuable insights into institutional investors' portfolio management strategies. These filings are closely watched by market participants, including individual investors, as they can offer a glimpse into the current sentiment and investment outlook of such institutional investors.

Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial or investment advice. The mentioned holdings and changes are based on the 13F filings and may not reflect the current or complete holdings of Campbell Newman Asset Management. Investors are advised to conduct their own research and consult with a financial advisor before making any investment decisions.