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

In the competitive world of finance, staying ahead of the game is essential. A successful investment firm must constantly monitor and adapt to changes in the market. One crucial tool that allows firms to do this is the Form 13F.

Form 13F is a quarterly report filed by institutional investment managers with at least $100 million in assets under management. It provides a detailed snapshot of their holdings, including information on the number of shares held and the value of those shares. This information is extremely valuable to investors and market analysts as it can shed light on investment trends and strategies.

In this article, we will analyze the Q1 2023 and Q2 2023 13F holdings comparison of Martin Capital Partners, LLC. While we won't delve into the specifics of the CSV data, we will explore the overall trends and changes in holdings during this period.

Unilever PLC (UL) remained a top holding for Martin Capital Partners, LLC in both quarters, with a slight decrease of 1.7% in the number of shares held. Similarly, JP Morgan Chase & Co (JPM) and Merck & Co (MRK) maintained their positions as significant holdings, although JPM saw a 9.5% increase in shares held, while MRK experienced a 6.1% decrease.

Johnson & Johnson Co (JNJ) and MSC Industrial Direct (MSM) also maintained their positions, with minor changes of 4.8% and 11.6% respectively. However, Texas Instruments Inc (TXN) experienced a 4.4% decrease in shares held.

Verizon Communications (VZ) and Comcast Corp Cl A (CMCSA) saw marginal decreases of 4.8%. On the other hand, Cisco Systems Inc (CSCO) experienced a 2.2% decrease, while General Dynamics Corp (GD) faced a 6.6% decrease.

Microsoft Corp. (MSFT) showed a significant decrease of 19.8% in the number of shares held between the two quarters. Medtronic Inc (MDT) and Chevron Corp (CVX) also saw decreases of 8.1% and 5.1% respectively.

Amgen Inc (AMGN) experienced a notable decrease of 9.6% in shares held, while Coca Cola Co (KO) faced a 5% decrease. SPDR SER TR (SPSB), an exchange-traded fund, declined by 5%.

Exxon Mobil Corporation Com (XOM) experienced a 4.8% decrease, and United Parcel Service (UPS) also saw a substantial decrease of 8.5%. Procter & Gamble Co (PG) remained relatively stable with a minimal change of 0.3%, while Lockheed Martin (LMT) faced a 4.3% decrease.

As for new positions or increased holdings during this period, Honeywell International Inc (HON) saw a significant increase of 12.5%, while iShares Short-Term Corporate Bond (IGSB) experienced a 5.1% increase. T. Rowe Price Group (TROW) and Robert Half International (RHI) saw 1.7% and 4.7% increases, respectively.

Raytheon Technologies Ord (RTX) faced a slight decrease of 1.8%, while Coca-Cola Femsa (KOF) experienced a substantial decrease of 26.6%. UnitedHealth Group Inc (UNH), Union Pacific Corp (UNP), and Clorox Co Com (CLX) saw minimal changes in their holdings.

It is worth mentioning that several stocks showed zero holdings in Q1 2023 but had significant positions in Q2 2023. These stocks include Union Pacific Corp (UNP), Home Depot Inc (HD), Entergy Corp (ETR), and Eli Lilly & Co (LLY).

In conclusion, Martin Capital Partners, LLC made several adjustments to their holdings between Q1 2023 and Q2 2023. While some positions remained steady, others experienced decreases or were entirely sold off. Understanding these changes and trends can help market participants make informed investment decisions and adapt their strategies accordingly.

Please note that this article is a summary of the 13F holdings comparison and does not constitute financial advice. Always consult with a professional financial advisor before making investment decisions.