Ridgewood Investments LLC Q3 2023 vs. Q4 2023 13F Holdings Comparison

In the ever-evolving world of investment, it's essential for both investors and financial professionals to stay updated on the latest changes in holdings. One way to accomplish this is through the submission of Form 13F to the U.S. Securities and Exchange Commission (SEC). This form is required to be filed by institutional investment managers who manage assets over a certain threshold. It provides a snapshot of a fund's holdings at the end of a quarter and offers valuable insights into the investment strategy.

In this article, we will delve into the Q3 2023 and Q4 2023 holdings of Ridgewood Investments LLC as outlined in their Form 13F. We will highlight the significant changes in their portfolio, shedding light on the investments that saw a substantial increase or decrease in shares and value. So, let's begin!

One of the most notable changes in Ridgewood Investments LLC's holdings was in "BERKSHIRE HATHAWAY INC DEL" (BRK-B). In Q3 2023, the fund held 51,763 shares, which decreased marginally to 51,441 shares in Q4 2023. Similarly, the value of their investment in BRK-B saw a slight increase from $18,132,000 in Q3 2023 to $18,347,000 in Q4 2023.

Moving on, the fund made a significant move towards "ISHARES TR" (SHV) during this period. They more than doubled their number of shares, going from 48,043 in Q3 2023 to 69,901 in Q4 2023. The value of their SHV holding also witnessed a healthy increase, rising from $5,307,000 to $7,698,000, indicating their confidence in this investment.

Another significant change occurred in the holdings of "VANGUARD INTL EQUITY INDEX F" (VT). Ridgewood Investments LLC reduced their stake in VT, going from 33,496 shares in Q3 2023 to 32,557 shares in Q4 2023. However, the decrease in shares was accompanied by a small increase in value, with VT's value rising from $3,121,000 to $3,349,000.

Let's shift our attention to "MICROSOFT CORP" (MSFT). Ridgewood Investments LLC experienced a minor increase in their MSFT holdings, going from 8,110 shares in Q3 2023 to 8,172 shares in Q4 2023. However, the value of their investment in MSFT witnessed a more substantial increase, climbing from $2,560,000 to $3,072,000, indicating their bullish outlook on the tech giant.

Among the few decreases in holdings, "MARKEL GROUP INC" (MKL) stands out. Ridgewood Investments LLC's position in MKL declined from 2,102 shares in Q3 2023 to 2,090 shares in Q4 2023. Additionally, the value of their MKL investment also saw a decrease, going from $3,094,000 to $2,967,000. Despite the decrease, MKL remains a part of their portfolio.

It's worthwhile to mention that Ridgewood Investments LLC increased their holdings in numerous "VANGUARD" funds, such as "VANGUARD INDEX FDS" (VOO, VB, VO, VTI), "VANGUARD SCOTTSDALE FDS" (VGSH, VONV), and "VANGUARD BD INDEX FDS" (BSV). These moves reflect a continued interest in passive index funds and fixed-income assets.

In conclusion, Ridgewood Investments LLC's Q3 2023 and Q4 2023 13F filings demonstrate a mix of adjustments to their portfolio. While some holdings experienced slight decreases, others saw increases in shares and values. It's important to note that these allocations are subject to market conditions and the investment manager's evolving strategy. Following the changes in 13F filings can provide investors with valuable insights into the decisions made by professional investment firms and their views on various stocks and assets.

Remember, Form 13F filings offer a snapshot of a fund's holdings and can provide indications of investment trends, but it's vital to conduct thorough research and consult with a financial advisor before making any investment decisions.