Stonebridge Capital Management Inc Q4 2022 vs. Q1 2023: A Comparative Analysis of Holdings

Stonebridge Capital Management Inc, a prominent investment management firm, has recently released its 13F holding report for Q4 2022 and Q1 2023. The report shows the company's significant investments in various stocks, their option type, value, and percentage change. As an investor, keeping an eye on 13F filings is crucial to stay updated with the changes in a company's holdings. In this article, we will provide a detailed analysis of Stonebridge Capital Management Inc's Q4 2022 and Q1 2023 holdings report and explore the reasons behind the changes.

Stonebridge Capital Management Inc's Q4 2022 Holdings

In Q4 2022, Stonebridge Capital Management Inc had investments in 39 different stocks, with a total value of $105,410,000. The top 10 holdings accounted for approximately 59% of their total portfolio value, and it is interesting to note that most of their significant investments were in the technology sector. Below are some of their top investments:

1. Primecap Odyssey Funds Growth: Stonebridge Capital Management Inc invested a whopping $9,667,000 in Primecap Odyssey Funds Growth, with 287,023 shares.

2. Apple Inc: Stonebridge Capital Management Inc had 109,253 shares of Apple Inc in their portfolio, with a total value of $14,195,000.

3. Microsoft Corporation: Microsoft Corporation was another attractive investment for Stonebridge Capital Management Inc, with a total of 60,882 shares and a value of $14,601,000.

4. Oracle Corporation: The investment management firm also invested in Oracle Corporation with a total of 112,171 shares and a value of $9,169,000.

Stonebridge Capital Management Inc's Q1 2023 Holdings

In Q1 2023, Stonebridge Capital Management Inc's total portfolio value increased to $119,474,000. They held positions in 39 different stocks in their portfolio, and the top ten holdings accounted for approximately 69% of their total portfolio value. Notably, their investment strategy remained consistent, with most of their investments in the technology sector. Let's take a look at some of their top holdings:

1. Apple Inc: Stonebridge Capital Management Inc continued to invest in Apple Inc in Q1 2023, with a total of 107,902 shares and a value of $17,793,000.

2. Microsoft Corporation: Similarly, Stonebridge Capital Management Inc kept Microsoft Corporation in their portfolio, with a total of 55,307 shares and a value of $15,945,000.

3. Primecap Odyssey Funds Growth: Despite a slight decrease in their investment, Primecap Odyssey Funds Growth remained one of their top holdings, with 278,496 shares and a value of $9,945,000.

4. Oracle Corporation: The investment management firm held 100,646 shares of Oracle Corporation, with a total value of $9,352,000.

Changes in Portfolio Holdings

Although most of Stonebridge Capital Management's investments remained the same from Q4 2022 to Q1 2023, there were some noticeable changes in their portfolio. Here are some of the details:

1. Pepsi Co: Stonebridge Capital Management Inc decreased their holdings in Pepsi Co in Q1 2023, with a total of 49,220 shares and a value of $8,973,000.

2. Johnson & Johnson: Another significant decrease in holdings was observed in Johnson & Johnson, with a total of 44,985 shares and a value of $6,973,000.

3. Caterpillar Inc: Stonebridge Capital Management Inc sold some of its shares in Caterpillar Inc, with a total of 14,989 shares and a value of $3,323,000.

4. Abbvie Inc: Stonebridge Capital Management Inc significantly reduced its position in Abbvie Inc, with 3,847 shares and a value of $613,000.

Conclusion

Stonebridge Capital Management Inc's Q4 2022 and Q1 2023 holdings report shows consistency in their investment strategy, with a great deal of focus on the technology sector. Although there were some changes in their holdings, the investment management firm continues to hold stocks in top-performing companies such as Apple Inc, Microsoft Corporation, and Primecap Odyssey Funds Growth. As always, investors should conduct further due diligence before making any investment decisions based on this information.