Coe Capital Management, LLC Q1 2021 vs. Q2 2021 13F Holdings: An Overview of Asset Changes

In the world of investments, asset management is a critical aspect. An excellent example of an asset manager is Coe Capital Management, LLC, which recently released its Q1 2021 vs. Q2 2021 13F holdings. The document indicates the changes in holdings across various companies, including Amazon, Alphabet, Mastec Inc., and JP Morgan Chase & Co. In this blog post, we will explore the updates made by Coe Capital Management, LLC, to its holdings in Q1 and Q2 of 2021.

Introduction

Coe Capital Management, LLC is a registered investment advisor that provides portfolio management services to high-net individuals. The company invests in various assets, including equities, mutual funds, and exchange-traded funds. In this blog post, we'll be taking a closer look at the changes in holdings made by the company between Q1 and Q2 of 2021, as indicated in its 13F holdings.

Changes in Asset Holdings

The Coe Capital Management, LLC Q1 2021 vs. Q2 2021 13F Holdings Comparison reveals that the company made significant changes to its asset holdings between the two quarters. For example, the firm reduced its holdings in Amazon by 5.9%, from 1388 to 1322 shares, and in Alphabet by 18.4%, from 1629 to 1592 shares. On the other hand, the company increased its holdings in MasTec by 9.6%, from 39096 to 37830 shares.

One of the notable reductions in holdings from Q1 to Q2 was observed in Abbott Labs. Coe Capital Management, LLC reduced its position in Abbott Labs by 9%, from 30260 to 28451 shares, representing a considerable shift in holdings. The company also reduced its position in Waste Connections Inc by 4.4%, while its position in Zillow Group Inc fell by 9.1%.

Coe Capital Management, LLC also acquired new positions in various companies during the period. For instance, the company acquired a position in AMC Entertainment Holdings Inc, purchasing 8000 shares in Q2. The firm also acquired new positions in companies such as Cassava Sciences Inc, purchasing 5000 shares, and Clean Energy Fuels Corp, purchasing 49000 shares.

Despite the fluctuations in holdings, some of the assets remained relatively constant in Coe Capital Management, LLC's portfolio. For instance, the firm maintained a stable position in Vanguard Index Funds, holding 6940 shares in Q1 and 6786 shares in Q2. Similarly, the company maintained its position in Microsoft Corp and owned 2773 shares and 2713 shares in the two quarters, respectively.

Conclusion

In conclusion, the Coe Capital Management, LLC Q1 2021 vs. Q2 2021 13F Holdings Comparison indicates that the company made several changes to its asset holdings during the period. Although some changes were significant and noteworthy, several positions remained relatively steady. As an asset manager, Coe Capital Management, LLC must make timely decisions regarding its holdings to ensure maximum profitability for its clients.