Tandem Investment Advisors, Inc. Q1 2023 vs. Q2 2023 13F Holdings Comparison

Tandem Investment Advisors, Inc., a renowned investment firm, recently released its 13F holdings comparison report for Q1 2023 and Q2 2023. The report outlines the changes in holdings for various funds managed by the company. In this article, we will take an in-depth look at some of the notable changes in holdings and their implications.

Abbott Laboratories (ABT)

Abbott Laboratories witnessed a significant increase in holdings, with the number of shares rising from 861,691 to 914,183. This corresponds to a 14.2% change. The value of holdings also increased from $87,255,000 to $99,664,000. This positive growth indicates the confidence of Tandem Investment Advisors in the future prospects of Abbott Laboratories.

CBOE Holdings Inc. (CBOE)

CBOE Holdings Inc. saw a slight decrease in holdings, with the number of shares dropping from 698,602 to 689,052. Despite this, the change was minimal at 1.4%. The value of holdings remained relatively stable, going from $93,780,000 to $95,096,000. This indicates that Tandem Investment Advisors continues to hold a positive outlook for CBOE Holdings Inc.

FactSet Research Systems Inc. (FDS)

Tandem Investment Advisors increased its holdings in FactSet Research Systems Inc., with the number of shares rising from 210,960 to 232,655. This represents a substantial 6.4% change. The value of holdings also increased from $87,567,000 to $93,213,000. This bullish move suggests that Tandem Investment Advisors believes FactSet Research Systems Inc. has solid growth potential.

J.M. Smucker Co. (SJM)

The holdings of J.M. Smucker Co. experienced a significant increase, with the number of shares rising from 471,703 to 619,596. This represents an impressive 23.3% change. The value of holdings also increased from $74,232,000 to $91,496,000. This substantial growth indicates Tandem Investment Advisors' positive sentiment towards J.M. Smucker Co.

Visa Inc. (V)

Visa Inc. also experienced a notable increase in holdings, with the number of shares rising from 336,378 to 367,377, reflecting a 15% change. The value of holdings increased from $75,840,000 to $87,245,000. This positive growth suggests that Tandem Investment Advisors sees a bright future for Visa Inc.

Comcast Corp. (CMCSA)

Tandem Investment Advisors increased its holdings in Comcast Corp., with the number of shares rising from 1,954,550 to 2,071,344. This reflects a 16.2% change. The value of holdings increased from $74,097,000 to $86,064,000. This positive growth indicates Tandem Investment Advisors' confidence in the prospects of Comcast Corp.

AbbVie Inc. (ABBV)

AbbVie Inc. witnessed a decrease in holdings, with the number of shares declining from 591,868 to 624,250, reflecting a -10.8% change. The value of holdings also decreased from $94,326,000 to $84,105,000. Despite this decline, it's important to note that investment strategies might vary, and a decrease in holdings does not necessarily indicate a negative stance on the company.

Intercontinental Exchange Inc. (ICE)

The holdings of Intercontinental Exchange Inc. saw a slight increase, with the number of shares rising from 707,144 to 713,838. This corresponds to a 9.5% change. The value of holdings increased from $73,748,000 to $80,721,000. This positive growth suggests that Tandem Investment Advisors remains optimistic about the future performance of Intercontinental Exchange Inc.

Johnson & Johnson (JNJ)

Johnson & Johnson's holdings experienced a moderate increase, with the number of shares rising from 437,824 to 460,907, reflecting a 12.4% change. The value of holdings increased from $67,863,000 to $76,289,000. This indicates Tandem Investment Advisors' confidence in the long-term prospects of Johnson & Johnson.

These are just a few examples of the notable changes in holdings reported by Tandem Investment Advisors, Inc. As an investment firm, Tandem continuously evaluates and adjusts its holdings based on market conditions and various other factors. It's important to note that while these changes provide insight into Tandem's investment strategies, individual investors should conduct their research and analysis before making any investment decisions.

Please note that this article is for informational purposes only and should not be considered as financial advice. Any investment decisions should be made after thorough research and consultation with a qualified financial advisor.