Gilman Hill Asset Management, LLC Q2 2023 vs. Q3 2023 13F Holdings Comparison

Introduction:

Investors are always on the lookout for valuable insights into the holdings of different funds. In this article, we will explore the changes in holdings of Gilman Hill Asset Management, LLC between Q2 2023 and Q3 2023. By analyzing the data provided, we can gain a deeper understanding of the fund's investment strategy and potential market trends. So let's dive in and uncover what the numbers reveal!

Shifts in Holdings:

1. Pioneer Nat Res Co (PXD):

- Q2 2023: 51,335 shares

- Q3 2023: 51,045 shares

- Change: -0.57%

2. Iron Mtn Inc DEL (IRM):

- Q2 2023: 205,753 shares

- Q3 2023: 191,310 shares

- Change: -7.04%

3. International Business Machs (IBM):

- Q2 2023: 83,242 shares

- Q3 2023: 79,007 shares

- Change: -5.10%

4. Dow Inc (DOW):

- Q2 2023: 208,260 shares

- Q3 2023: 207,318 shares

- Change: -0.45%

5. Verizon Communications Inc (VZ):

- Q2 2023: 250,315 shares

- Q3 2023: 326,364 shares

- Change: 30.40%

6. Seagate Technology Hldngs PL (STX):

- Q2 2023: 154,389 shares

- Q3 2023: 156,664 shares

- Change: 1.47%

7. Hercules Capital Inc (HTGC):

- Q2 2023: 637,690 shares

- Q3 2023: 626,378 shares

- Change: -1.77%

8. Oneok Inc New (OKE):

- Q2 2023: 77,159 shares

- Q3 2023: 151,099 shares

- Change: 95.95%

9. Easterly Govt Pptys Inc (DEA):

- Q2 2023: 799,893 shares

- Q3 2023: 799,768 shares

- Change: -0.01%

10. New York Cmnty Bancorp Inc (NYCB):

- Q2 2023: 825,003 shares

- Q3 2023: 805,842 shares

- Change: -2.32%

Explanation of Changes:

1. Pioneer Nat Res Co (PXD):

Despite a slight decrease of 0.57% in holdings, Gilman Hill Asset Management still maintains a significant position in Pioneer Nat Res Co. This suggests that the fund has confidence in the company's long-term prospects, despite the minor reduction in shares.

2. Iron Mtn Inc DEL (IRM):

The fund reduced its holdings in Iron Mtn Inc DEL by 7.04% between Q2 2023 and Q3 2023. This might indicate a strategic shift in the fund's portfolio, possibly due to the fund's evaluation of other investment opportunities or changes in the market conditions.

3. International Business Machs (IBM):

Gilman Hill Asset Management decreased its holdings in International Business Machs by 5.10%. This reduction could be influenced by various factors, such as the fund's assessment of the company's future performance or changes in the fund's investment strategy.

4. Dow Inc (DOW):

The fund slightly reduced its holdings in Dow Inc by 0.45%. While this change seems minimal, it is important to note that even slight adjustments in holdings can be indicative of the fund's active management approach.

5. Verizon Communications Inc (VZ):

Gilman Hill Asset Management significantly increased its holdings in Verizon Communications Inc, with a 30.40% change. This demonstrates the fund's confidence in the company's growth potential and the belief that it will continue to generate favorable returns.

Conclusion:

Analyzing the changes in holdings of Gilman Hill Asset Management, LLC between Q2 2023 and Q3 2023 provides valuable insights into the fund's investment strategy. While some holdings experienced reduction, others saw significant increases, indicating the fund's active management approach and belief in the long-term prospects of certain companies.

Please note that this analysis is based solely on the provided data and does not constitute financial advice. Investors should conduct their own research and seek professional guidance before making any investment decisions.