BTC Capital Management, Inc. Q2 2023 vs. Q3 2023 13F Holdings Comparison

BTC Capital Management, Inc., a leading investment management firm, recently released its Q2 2023 and Q3 2023 13F Holdings Comparison. This report provides valuable insights into the changing landscape of the fund's holdings and highlights the positions that have seen significant changes in both share numbers and value.

Let's take a closer look at some of the key findings from this comprehensive analysis:

1. Vanguard BD Index FDS (BND):

- Q2 2023 (SHARES): 610,628

- Q3 2023 (SHARES): 565,399

- Q2 2023 VALUE ($000): 44,404

- Q3 2023 VALUE ($000): 39,456

- Chg %: -11.1%

The fund reduced its stakes in Vanguard BD Index FDS by 45,229 shares, with a corresponding decrease in its value by $4,948, highlighting a cautious approach towards this particular holding.

2. Apple Inc (AAPL):

- Q2 2023 (SHARES): 232,446

- Q3 2023 (SHARES): 226,454

- Q2 2023 VALUE ($000): 45,443

- Q3 2023 VALUE ($000): 38,765

- Chg %: -14.7%

The fund decreased its position in Apple Inc by 5,992 shares, resulting in a decline in the value by $6,678. This reduction might be due to various factors, such as portfolio rebalancing or profit-taking.

3. Microsoft Corp (MSFT):

- Q2 2023 (SHARES): 108,562

- Q3 2023 (SHARES): 106,008

- Q2 2023 VALUE ($000): 37,348

- Q3 2023 VALUE ($000): 33,470

- Chg %: -10.4%

BTC Capital Management, Inc. slightly decreased its holdings in Microsoft Corp by 2,554 shares. This reduction corresponds to a decline in the value by $3,878, indicating a possible reallocation of resources to other investments.

4. iShares TR (EFA):

- Q2 2023 (SHARES): 354,625

- Q3 2023 (SHARES): 339,216

- Q2 2023 VALUE ($000): 25,725

- Q3 2023 VALUE ($000): 23,378

- Chg %: -9.1%

The fund reduced its holdings in iShares TR by 15,409 shares. This reduction led to a decrease in the value by $2,347, suggesting a shift in the fund's strategy or market outlook.

5. Alphabet Inc (GOOGL):

- Q2 2023 (SHARES): 152,146

- Q3 2023 (SHARES): 151,776

- Q2 2023 VALUE ($000): 18,256

- Q3 2023 VALUE ($000): 19,860

- Chg %: 8.8%

Despite a marginal decrease in the number of shares, the value of the fund's holdings in Alphabet Inc increased by $1,604. This growth indicates the fund's confidence in the long-term prospects of this investment.

These are just a few examples of the changes in holdings that BTC Capital Management, Inc. experienced in the Q2 2023 vs. Q3 2023 period. It's important to note that investment decisions are complex and influenced by a variety of factors, including market conditions, company performance, and economic outlook.

Please keep in mind that this article provides a general overview of the 13F Holdings Comparison and does not constitute financial advice. Investors are encouraged to conduct thorough research and consult with a qualified financial advisor before making any investment decisions.

It's fascinating to observe the shifts in holdings within the BTC Capital Management, Inc. portfolio and how these changes reflect the ever-evolving investment landscape. As the market continues to fluctuate, it's essential for investors to stay informed and adapt their strategies accordingly to navigate potential risks and seize rewarding opportunities.