Mcrae Capital Management Inc Q2 2023 vs. Q3 2023 13F Holdings Comparison

The second quarter of 2023 and the third quarter of 2023 have seen some notable changes in the holdings of Mcrae Capital Management Inc. This investment management firm has made strategic adjustments to their portfolio during this period, shifting their focus on certain stocks and adjusting their holdings in others. Let's take a closer look at the changes that have occurred.

Microsoft Corp (MSFT)

In the second quarter of 2023, Mcrae Capital Management Inc held 72,289 shares of Microsoft Corp. However, in the third quarter of 2023, they slightly reduced their position to 71,261 shares. This represents a decrease of 8.6% in their holdings. The value of their holdings also decreased from $24,617,000 to $22,500,000.

Quanta Services Inc (PWR)

The holdings of Quanta Services Inc by Mcrae Capital Management Inc also saw a slight decrease. In the second quarter of 2023, they held 101,870 shares, which dropped to 99,534 shares in the third quarter of 2023. This represents a 7% decrease in their holdings. The value of their holdings decreased from $20,012,000 to $18,619,000.

Lowe's Companies Inc (LOW)

Mcrae Capital Management Inc maintained a fairly steady position in Lowe's Companies Inc throughout the two quarters. They held 81,931 shares in the second quarter, and their holdings increased slightly to 81,959 shares in the third quarter. The value of their holdings decreased from $18,491,000 to $17,034,000.

Check Point Software Technologies Ltd (CHKP)

The holdings of Check Point Software Technologies Ltd by Mcrae Capital Management Inc remained relatively stable. They held 116,359 shares in the second quarter, and their holdings increased slightly to 116,857 shares in the third quarter. This represents a 6.6% increase in their holdings. The value of their holdings increased from $14,617,000 to $15,574,000.

Williams-Sonoma Inc (WSM)

Mcrae Capital Management Inc made a notable adjustment in their holdings of Williams-Sonoma Inc. In the second quarter of 2023, they held 98,785 shares, and this decreased slightly to 98,386 shares in the third quarter. This represents a slight decrease of 0.9% in their holdings. However, the value of their holdings increased significantly from $12,361,000 to $15,289,000.

These are just a few examples of the changes in holdings that Mcrae Capital Management Inc has made during the second and third quarters of 2023. It's important for investment management firms to regularly assess their portfolio and make adjustments based on market conditions and investment strategies. By analyzing changes in holdings, investors can gain insights into the decision-making process of these firms and potentially make more informed investment decisions themselves.