Foundry Partners, LLC Q1 2023 vs. Q2 2023 13F Holdings Comparison

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Investment Firm Foundry Partners, LLC Releases Q1 2023 vs. Q2 2023 13F Holdings Comparison

Foundry Partners, LLC, a prominent investment firm, has recently released its Q1 2023 vs. Q2 2023 13F holdings comparison report. The report provides a comprehensive overview of the changes in the firm's holdings during this period. Let's dive into the details and explore the notable shifts in their investment portfolio.

JPMorgan Chase (JPM):

In the first quarter of 2023, Foundry Partners held 303,643 shares in JPMorgan Chase. However, in the second quarter, their holdings slightly decreased to 302,234 shares, representing a decrease of 0.46%. Despite this change, the value of their stake in JPMorgan Chase increased from $39,567,000 to $43,956,000, indicating a growth of 11.1%.

Prudential Financial (PRU):

Foundry Partners also made significant adjustments to their holdings in Prudential Financial. During the analyzed period, their share count skyrocketed from 207,948 in Q1 2023 to an impressive 439,253 in Q2 2023, denoting an astounding increase of 111.3%. In terms of value, their investment grew from $17,205,000 to $38,750,000, showcasing a remarkable surge of 125.2%.

Ameriprise Financial (AMP):

The investment firm held 85,421 shares in Ameriprise Financial in Q1 2023. By the next quarter, this number rose to 92,333, indicating a growth of 7.5%. The value of their stake also climbed from $26,181,000 to $30,669,000, demonstrating a substantial increase of 17.1%.

Duke Energy Corp (DUK):

Foundry Partners did not hold any shares in Duke Energy Corp during Q1 2023. However, their holdings experienced a significant surge, reaching 321,082 shares in Q2 2023. Although there was no previous value recorded, the value of their holdings amounted to $28,813,000.

Delta Airlines (DAL):

The investment firm's holdings in Delta Airlines displayed a remarkable increase during the analyzed period. From 419,620 shares in Q1 2023, their share count surged to 581,430 shares in Q2 2023, reflecting an impressive growth rate of 38.6%. Additionally, the value of their holdings rose from $14,653,000 to $27,641,000, indicating an 88.6% surge.

Johnson & Johnson (JNJ):

Foundry Partners held 151,310 shares in Johnson & Johnson in Q1 2023. By Q2 2023, their share count increased to 165,848, exhibiting growth of 9.6%. In terms of value, their investment in Johnson & Johnson expanded from $23,453,000 to $27,451,000, marking an increase of 17%.

Citigroup Inc (C):

During Q1 2023, Foundry Partners held 438,902 shares in Citigroup Inc. However, their holdings experienced a considerable rise in Q2 2023, reaching 567,823 shares, showcasing a growth rate of 29.4%. The value of their holdings also increased from $20,580,000 to $26,142,000, representing a surge of 27%.

Altria Group (MO):

Foundry Partners held 559,302 shares in Altria Group in Q1 2023. Although there was a slight decrease in their share count, amounting to 556,550 shares in Q2 2023, the change was minimal, reflecting a decrease of 0.5%. The value of their holdings also experienced a slight decline from $24,956,000 to $25,211,000, indicating a decrease of 1%.

Shell PLC (SHEL):

The investment firm's holdings in Shell PLC showcased a modest increase. From 367,669 shares in Q1 2023, their share count rose to 393,792 shares in Q2 2023, denoting a growth rate of 7.1%. The value of their stake also saw a moderate increase, rising from $21,155,000 to $23,777,000, representing a growth of 12.4%.

Kroger Co (KR):

Foundry Partners' holdings in Kroger Co experienced a marginal decrease during the analyzed period. Their share count decreased from 491,651 shares in Q1 2023 to 489,304 shares in Q2 2023, reflecting a decline of 0.5%. The value of their stake also saw a slight decrease, falling from $24,272,000 to $22,997,000, indicating a decrease of 5.3%.

Simon Property Group Inc (SPG):

The investment firm's holdings in Simon Property Group Inc displayed a modest increase. From 180,447 shares in Q1 2023, their share count rose to 189,083 shares in Q2 2023, showcasing a growth rate of 4.8%. The value of their investment also increased from $20,204,000 to $21,835,000, representing an 8.1% surge.

These are just a few of the notable changes in Foundry Partners, LLC's investment portfolio. As an investment firm, they continuously evaluate their holdings and make adjustments based on market conditions and investment strategies. The Q1 2023 vs. Q2 2023 13F holdings comparison provides valuable insights into their investment decisions and serves as a valuable resource for investors and market enthusiasts.

Disclaimer: The information provided in this article is based on public data available at the time of writing. It is for informational purposes only and should not be construed as financial or investment advice. Please conduct your own research and consult with a professional financial advisor before making any investment decisions.