Garland Capital Management Inc Q1 2023 vs. Q2 2023 13F Holdings Comparison

The first and second quarters of 2023 have shown some interesting shifts in the holdings of Garland Capital Management Inc, according to their recently filed 13F report. Let's take a closer look at the changes in holdings and the implications for the investment firm.

1. Merck & Co Inc (MRK)

In Q1 2023, Garland Capital Management held 65,975 shares of Merck & Co Inc, but by Q2 2023, their holdings decreased slightly to 65,575 shares. The value of their investments also increased from $7,019,000 to $7,566,000, reflecting a 7.8% change.

2. United Parcel Service Inc (UPS)

Garland Capital Management's holdings in United Parcel Service Inc increased from 39,198 shares in Q1 2023 to 40,199 shares in Q2 2023. However, the value of their holdings decreased from $7,603,000 to $7,205,000, indicating a 5.2% decrease.

3. JPMorgan Chase & Co (JPM)

There was a slight increase in Garland Capital Management's holdings of JPMorgan Chase & Co from 48,220 shares in Q1 2023 to 48,495 shares in Q2 2023. The value of their investments also rose from $6,283,000 to $7,053,000, representing a 12.2% increase.

4. Procter and Gamble Co (PG)

Garland Capital Management's holdings of Procter and Gamble Co remained relatively stable between the two quarters, with a slight increase from 43,674 shares to 43,899 shares. Similarly, the value of their investments increased marginally from $6,493,000 to $6,661,000, showing a 2.6% change.

5. AbbVie Inc (ABBV)

The investment firm held 46,988 shares of AbbVie Inc in Q1 2023, which slightly increased to 47,163 shares in Q2 2023. However, there was a significant decrease in the value of these investments, dropping from $7,488,000 to $6,354,000, indicating a 15.1% decrease.

6. PepsiCo Inc (PEP)

Garland Capital Management's holdings of PepsiCo Inc experienced a small increase from 33,305 shares in Q1 2023 to 33,580 shares in Q2 2023. The value of their investments also increased slightly from $6,071,000 to $6,219,000, showing a 2.4% change.

7. Cisco Systems Inc (CSCO)

There was a notable increase in Garland Capital Management's holdings of Cisco Systems Inc from 116,989 shares in Q1 2023 to 119,043 shares in Q2 2023. The value of their investments remained relatively steady, with a slight increase from $6,115,000 to $6,159,000, representing a 0.7% change.

8. Union Pacific Corp (UNP)

Garland Capital Management's holdings of Union Pacific Corp increased from 29,338 shares in Q1 2023 to 29,588 shares in Q2 2023. Similarly, the value of their investments rose from $5,904,000 to $6,054,000, indicating a 2.5% increase.

9. Johnson & Johnson (JNJ)

In Q1 2023, Garland Capital Management held 36,269 shares of Johnson & Johnson, which decreased to 35,094 shares in Q2 2023. The value of their investments, however, increased from $5,621,000 to $5,808,000, showing a 3.3% change.

10. Novartis AG (NVS)

Garland Capital Management's holdings of Novartis AG increased from 53,885 shares in Q1 2023 to 54,785 shares in Q2 2023. The value of their investments also rose from $4,957,000 to $5,528,000, reflecting an 11.5% increase.

These are just a few examples of the changes in holdings for Garland Capital Management Inc between Q1 2023 and Q2 2023. Overall, the investment firm experienced a mix of increases and decreases in their holdings, with some notable changes in the value of their investments. It will be interesting to see how these shifts in holdings may impact their investment strategy moving forward.