Sterling Investment Management, LLC Q3 2023 vs. Q4 2023 13F Holdings Comparison

Introduction

In the world of finance, monitoring the holdings of investment funds is crucial for investors and analysts alike. One such report, known as the 13F filing, provides valuable insights into the changes in holdings of funds over a specified period. In this article, we will explore the Q3 2023 and Q4 2023 13F filings of Sterling Investment Management, LLC and analyze the notable changes in their holdings.

A Deeper Look at the Changes

Sterling Investment Management, LLC made significant adjustments to their portfolio during the Q3 and Q4 of 2023. Let's examine some of the noteworthy changes that occurred within their holdings during this period.

1. SPDR Bloomberg 1-3 Month T-Bill ETF (BIL)

- Q3 2023 Holdings: 63,573 shares

- Q4 2023 Holdings: 116,396 shares

- Percentage Change: 82.2%

Sterling Investment Management, LLC substantially increased their holdings in the SPDR Bloomberg 1-3 Month T-Bill ETF. This suggests a shift towards investments in short-term Treasury bills, potentially indicating a desire for more stable and low-risk assets.

2. Berkshire Hathaway Inc. Class B shares (BRK-B)

- Q3 2023 Holdings: 25,212 shares

- Q4 2023 Holdings: 25,296 shares

- Percentage Change: 2.2%

While the change may seem modest, Sterling Investment Management, LLC maintained their position in Berkshire Hathaway Inc., indicating their confidence in the company's long-term performance.

3. Vanguard Total Bond Market ETF (BND)

- Q3 2023 Holdings: 0 shares

- Q4 2023 Holdings: 109,707 shares

Sterling Investment Management, LLC completely initiated a new position in the Vanguard Total Bond Market ETF, a significant move into fixed-income securities. This demonstrates their interest in diversified bond exposure and potentially balancing their portfolio risks.

4. Microsoft Corporation (MSFT)

- Q3 2023 Holdings: 10,973 shares

- Q4 2023 Holdings: 10,913 shares

- Percentage Change: -18.4%

Sterling Investment Management, LLC slightly reduced their holdings in Microsoft Corporation. This adjustment could be due to profit-taking or portfolio rebalancing strategies.

5. Apple Inc. (AAPL)

- Q3 2023 Holdings: 17,603 shares

- Q4 2023 Holdings: 18,931 shares

- Percentage Change: 20.9%

In contrast to their reduction in Microsoft holdings, Sterling Investment Management, LLC increased their position in Apple Inc. This move implies confidence in Apple's future growth prospects, considering their investment in the company's stock.

6. Visa Inc. Class A (V)

- Q3 2023 Holdings: 5,007 shares

- Q4 2023 Holdings: 5,070 shares

- Percentage Change: 14.6%

Sterling Investment Management, LLC also increased their holdings in Visa Inc. Class A shares. This adjustment aligns with the prevailing trend of digital payment solutions, suggesting optimism in the company's ability to capitalize on the increase in online transactions.

Conclusion

The Q3 2023 vs. Q4 2023 13F holdings comparison of Sterling Investment Management, LLC reveals several interesting changes within their portfolio. These adjustments demonstrate their strategic decisions in capital allocation, potentially reflecting shifting market dynamics and individual company prospects. While it is important to note that 13F filings reflect a historical snapshot, they provide valuable insights into the investment choices made by professional asset managers. Understanding these changes can aid investors in making informed decisions regarding their own portfolios.

Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial or investment advice. It is always recommended to consult with a professional financial advisor before making any investment decisions.