Stewart & Patten Co LLC Q2 2023 vs. Q3 2023 13F Holdings Comparison

The second quarter of 2023 saw some interesting changes in the holdings of Stewart & Patten Co LLC, as compared to the third quarter of the same year. In this article, we will analyze the shifts in the fund's investments, highlighting the top gainers and losers.

Microsoft Corp (MSFT) maintained its position as the top holding for Stewart & Patten Co LLC, although it experienced a slight decrease in shares. In the second quarter, the fund held 117,086 shares of Microsoft, but that number decreased to 113,336 shares in the third quarter. Despite the decrease, the value of the shares also dropped from $39,872,000 to $35,785,000, marking a 10.2% change.

Apple Computer, Inc. (AAPL) also suffered a decrease in shares and value during this period. The fund held 199,493 shares of Apple in the second quarter, but that number dropped to 195,493 shares in the third quarter. The value of the shares decreased significantly from $38,695,000 to $33,470,000, representing a 13.5% change.

On the other hand, J P Morgan Chase & Co (JPM) experienced a minimal decrease in shares, going from 216,241 shares in the second quarter to 215,079 shares in the third quarter. The value of the shares remained relatively stable at $31,450,000 and $31,190,000, respectively, indicating a minor 0.8% change.

Johnson & Johnson (JNJ) saw a slight increase in shares, going from 174,660 shares in the second quarter to 175,732 shares in the third quarter. However, the value of the shares decreased from $28,909,000 to $27,370,000, resulting in a 5.3% change.

The Home Depot, Inc. (HD) experienced a similar decrease in shares, going from 87,119 shares in the second quarter to 85,540 shares in the third quarter. The value of the shares also decreased from $27,062,000 to $25,846,000, reflecting a 4.5% change.

Automatic Data Processing (ADP) was one of the few gainers in this comparison, with an increase in shares from 103,095 to 102,405. The value of the shares also increased from $22,659,000 to $24,636,000, marking an 8.7% change.

Procter & Gamble Co (PG) witnessed a minor decrease in shares, dropping from 161,885 to 161,688. The value of the shares decreased slightly from $24,564,000 to $23,583,000, indicating a 4% change.

Stryker Corp. (SYK) experienced a decrease in shares, going from 83,471 to 82,940. The value of the shares also declined from $25,466,000 to $22,664,000, resulting in an 11% change.

Coca Cola Co (KO) saw an increase in shares, going from 373,863 to 377,301. Despite the increase, the value of the shares decreased from $22,514,000 to $21,121,000, reflecting a 6.2% change.

Honeywell, Inc. (HON) experienced a slight increase in shares, going from 110,174 to 111,119. However, the value of the shares decreased from $22,861,000 to $20,528,000, indicating a 10.2% change.

UnitedHealth Group, Inc. (UNH) witnessed a marginal increase in shares, going from 37,951 to 37,988. The value of the shares increased from $18,240,000 to $19,153,000, representing a 5% change.

Cisco Systems, Inc. (CSCO) also saw a negligible increase in shares, going from 356,662 to 356,134. The value of the shares increased from $18,453,000 to $19,145,000, indicating a 3.8% change.

Other notable changes include American Express (AXP), Abbott Laboratories (ABT), Xcel Energy, Inc. (XEL), Broadcom Ltd. (AVGO), Mondelez Intl, Inc. (MDLZ), and United Parcel Service (UPS), which all experienced decreases in shares and value during this period.

In conclusion, Stewart & Patten Co LLC made several adjustments to its holdings in the second and third quarters of 2023. While some companies experienced increases in shares and value, others saw declines. It is essential to keep an eye on these changes to understand the fund's investment strategies and potential market trends.

Please note that the information provided in this article is solely for informative purposes and should not be considered as financial advice. It is advisable to consult with a professional financial advisor before making any investment decisions.