Peddock Capital Advisors, LLC Q2 2023 vs. Q3 2023 13F Holdings Comparison

Investment firms play a vital role in the financial markets by managing funds on behalf of clients and making strategic investment decisions. One important document that provides insights into an investment firm's holdings is the Securities and Exchange Commission's Form 13F. This form requires investment firms with assets of $100 million or more to disclose their holdings quarterly.

In this article, we will delve into the Q2 2023 and Q3 2023 comparison of Peddock Capital Advisors, LLC's 13F holdings. Peddock Capital Advisors is a renowned investment management firm known for its extensive research and disciplined investment approach.

During Q2 2023, Peddock Capital Advisors held significant positions in various companies across different sectors. Some of the notable holdings included Exxon Mobil Corp (XOM), NVIDIA Corporation (NVDA), Apple Inc (AAPL), and iShares TR (AGG and IVV). These companies represented a substantial portion of Peddock Capital Advisors' portfolio.

However, there were some interesting changes in holdings during Q3 2023. Let's take a closer look at some of the key changes and their implications.

1. Exxon Mobil Corp (XOM):

- Q2 2023 Holdings: 267,265 shares

- Q3 2023 Holdings: 267,238 shares

- Change in Shares: -0.01%

- Q2 2023 Value: $28,664,000

- Q3 2023 Value: $31,421,000

- Change in Value: 9.6%

Exxon Mobil Corp, one of the largest publicly traded oil and gas companies, maintained a steady position in Peddock Capital Advisors' portfolio. The slight decrease in the number of shares held could be attributed to various factors, including market conditions and the firm's investment strategy. However, the increase in the overall value of the holding showcases the company's performance during the period.

2. NVIDIA Corporation (NVDA):

- Q2 2023 Holdings: 55,069 shares

- Q3 2023 Holdings: 52,464 shares

- Change in Shares: -4.7%

- Q2 2023 Value: $23,295,000

- Q3 2023 Value: $22,820,000

- Change in Value: -2%

NVIDIA Corporation, a leading technology company known for its graphics processing units, experienced a decrease in Peddock Capital Advisors' holdings during Q3 2023. The decrease in both shares and value could indicate a shift in the firm's investment strategy or a reevaluation of the company's prospects.

3. Apple Inc (AAPL):

- Q2 2023 Holdings: 115,111 shares

- Q3 2023 Holdings: 114,185 shares

- Change in Shares: -0.8%

- Q2 2023 Value: $22,328,000

- Q3 2023 Value: $19,549,000

- Change in Value: -12.4%

Apple Inc, a renowned technology company, also witnessed a slight decrease in Peddock Capital Advisors' holdings. The decrease in shares and value might reflect the firm's reallocation of capital or adjustments based on market conditions. However, it's crucial to note that Apple Inc remains a significant player in Peddock Capital Advisors' portfolio.

4. iShares TR (AGG and IVV):

- Q2 2023 Holdings (AGG): 155,467 shares

- Q3 2023 Holdings (AGG): 161,454 shares

- Change in Shares (AGG): 3.8%

- Q2 2023 Value (AGG): $15,227,000

- Q3 2023 Value (AGG): $15,183,000

- Change in Value (AGG): -0.3%

- Q2 2023 Holdings (IVV): 28,891 shares

- Q3 2023 Holdings (IVV): 29,639 shares

- Change in Shares (IVV): 2.6%

- Q2 2023 Value (IVV): $12,876,000

- Q3 2023 Value (IVV): $12,727,000

- Change in Value (IVV): -1.2%

Peddock Capital Advisors also held significant positions in iShares TR funds, specifically iShares TR Aggregate Bond ETF (AGG) and iShares TR Core S&P 500 ETF (IVV). These funds provide exposure to a diversified portfolio of bonds and large-cap stocks, respectively.

The increase in shares held for AGG indicates Peddock Capital Advisors' continued confidence in the fixed-income market. On the other hand, the slight decrease in both shares and value for IVV could be a reflection of the firm's sentiment towards large-cap stocks during the period.

These are just a few examples of the changes in holdings within Peddock Capital Advisors' portfolio during Q2 2023 to Q3 2023. It's important to note that investment firms regularly review and adjust their holdings based on various factors, including market trends, risk management, and client objectives.

In conclusion, Peddock Capital Advisors' Q2 2023 vs. Q3 2023 13F holdings comparison highlights some interesting changes that occurred within the firm's portfolio. This analysis provides valuable insights into Peddock Capital Advisors' investment strategy and the firm's assessment of various companies and market sectors. It's essential for investors and market observers to continually monitor such changes to gain a comprehensive understanding of an investment firm's investment decisions and their potential impact.

Remember, investing involves risks, and it's crucial to consult with a financial advisor or conduct thorough research before making investment decisions.