Legacy Advisors, LLC Q1 2023 vs. Q2 2023 13F Holdings Comparison

Legacy Advisors, LLC is a renowned investment firm that recently released its Q1 2023 vs. Q2 2023 13F Holdings Comparison. This report provides valuable insights into the changes in holdings of various funds during this period. In this article, we will delve into the significant shifts in holdings and discuss the potential implications on the market.

One notable change in holdings is related to Mastec Inc (MTZ), a leading infrastructure construction company. In Q1 2023, Legacy Advisors held 1,458,165 shares of MTZ, which decreased slightly to 1,456,846 shares in Q2 2023. Despite the slight decline in the number of shares, the value of holdings increased from $137,709,000 to $171,864,000, representing a remarkable growth of 24.8%. This indicates the confidence that Legacy Advisors has in Mastec Inc and its potential for future growth.

Another significant change occurred with Apple Inc (AAPL), the technology giant known for its innovative products and services. Legacy Advisors held 89,502 shares of AAPL in Q1 2023, which increased to 109,411 shares in Q2 2023. This demonstrates a notable rise of 43.8%. Moreover, the value of holdings rose from $14,758,000 to $21,222,000, indicating a strong belief in the potential of Apple Inc.

Legacy Advisors also made noteworthy adjustments to its holdings in Microsoft Corp (MSFT), one of the world's largest technology companies. The firm had 36,887 shares of MSFT in Q1 2023, which increased to 42,568 shares in Q2 2023. This represents a growth of 36.3% in the number of shares held. Additionally, the value of holdings grew from $10,634,000 to $14,496,000, indicating a positive outlook on the future prospects of Microsoft Corp.

In the financial sector, Legacy Advisors made significant changes to its holdings in JPMorgan Chase & Co (JPM), one of the leading investment banks in the world. The firm held 7,386 shares of JPM in Q1 2023, which surged to an impressive 20,305 shares in Q2 2023. This results in a substantial increase of 206.8%. The value of holdings also witnessed a remarkable jump from $962,000 to $2,953,000, reinforcing the optimism surrounding JPMorgan Chase & Co.

These are just a few examples of the changes in holdings observed in Legacy Advisors' Q1 2023 vs. Q2 2023 13F Holdings Comparison. The data highlights the firm's strategic decisions to increase or decrease its positions based on its evaluation of companies' potential for growth and profitability. Investors and market participants can use this information to gain insights into the investment trends and strategies followed by Legacy Advisors.

It is important to note that 13F filings are required by the United States Securities and Exchange Commission (SEC) from institutional investment managers with assets over $100 million. These filings provide transparency and allow the public to analyze the investment activities of these institutions.

In conclusion, Legacy Advisors' Q1 2023 vs. Q2 2023 13F Holdings Comparison sheds light on the changes in holdings of various funds during this period. The adjustments made by Legacy Advisors reflect their confidence and belief in the growth potential of certain companies. These insights provide valuable information for investors and market participants, allowing them to make informed decisions and stay up-to-date with the latest trends in the market.