Benedict Financial Advisors Inc Q2 2023 vs. Q3 2023 13F Holdings Comparison

In the world of finance, the regular filing of Form 13F can provide valuable insights into the holdings of investment firms. Benedict Financial Advisors Inc, a renowned name in the industry, recently released their Q2 2023 and Q3 2023 13F holdings. Comparing the two quarters, we can gain a deeper understanding of the changes in their investment portfolio.

Let's dive into the details:

1. Apple Inc (AAPL):

With a slight decrease of 13.7%, Benedict Financial Advisors Inc reduced their holdings of Apple Inc from 112,089 shares in Q2 2023 to 109,551 shares in Q3 2023. The value of their shares also decreased from $21,741,000 to $18,756,000.

2. Microsoft Corp (MSFT):

Similarly, Benedict Financial Advisors Inc reduced their holdings of Microsoft Corp by 9.7%, from 46,861 shares in Q2 2023 to 45,624 shares in Q3 2023. The value of these shares decreased from $15,958,000 to $14,405,000.

3. Johnson & Johnson (JNJ):

Benedict Financial Advisors Inc made a minor adjustment to their holdings of Johnson & Johnson, reducing their shares by 6.7% from 62,773 shares in Q2 2023 to 62,269 shares in Q3 2023. The value of these shares declined from $10,390,000 to $9,698,000.

4. Cisco Sys Inc (CSCO):

There was a slight increase of 0.9% in Benedict Financial Advisors Inc's holdings of Cisco Sys Inc. Their shares increased from 185,322 in Q2 2023 to 179,904 in Q3 2023. The value of these shares remained stable at $9,671,000.

5. Altria Group Inc (MO):

Benedict Financial Advisors Inc reduced their holdings of Altria Group Inc by 6.3%. The number of shares held decreased from 214,564 in Q2 2023 to 216,503 in Q3 2023. The value of these shares decreased from $9,719,000 to $9,103,000.

6. Amgen Inc (AMGN):

In contrast to the overall trend, Benedict Financial Advisors Inc increased their holdings of Amgen Inc by 22%. Their shares rose from 32,567 in Q2 2023 to 32,822 in Q3 2023. The value of these shares increased from $7,230,000 to $8,821,000.

7. McDonald's Corp (MCD):

Benedict Financial Advisors Inc reduced their holdings of McDonald's Corp by 12.6%. The number of shares decreased from 25,796 in Q2 2023 to 25,529 in Q3 2023. The value of these shares declined from $7,697,000 to $6,725,000.

8. AbbVie Inc (ABBV):

In contrast to the overall trend, Benedict Financial Advisors Inc increased their holdings of AbbVie Inc by 14.9%. Their shares rose from 42,060 in Q2 2023 to 43,689 in Q3 2023. The value of these shares increased from $5,666,000 to $6,512,000.

9. Philip Morris Intl Inc (PM):

Benedict Financial Advisors Inc reduced their holdings of Philip Morris Intl Inc by 2.8%. The shares decreased from 65,027 in Q2 2023 to 66,677 in Q3 2023. The value of these shares declined from $6,347,000 to $6,172,000.

10. Travelers Companies Inc (TRV):

Benedict Financial Advisors Inc made a minor adjustment to their holdings of Travelers Companies Inc, reducing their shares by 5.1% from 36,233 in Q2 2023 to 36,564 in Q3 2023. The value of these shares decreased from $6,292,000 to $5,971,000.

These are just a few highlights from the Benedict Financial Advisors Inc Q2 2023 vs. Q3 2023 13F Holdings Comparison. It's important to note that the 13F form provides valuable information on investment holdings, but it shouldn't be the sole basis for making investment decisions. It's always advisable to conduct thorough research and seek professional advice before making any financial moves.

Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. All investments involve risks, and you should exercise caution and do your own research before making any investment decisions.