Godshalk Welsh Capital Management Inc's Q2 2023 13F: 3 new positions, 5 exits
Form 13F-HR for the quarter ended Jun 30, 2023 · filed Aug 14, 2023 · 116 reported positions · accession 0001631775-23-000003
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| New | iShares Short Term Nat Muni Bd | — | 0.6% | +0.6 pts | +8,350 sh | new |
| Reduced | PayPal Holdings Inc (PYPL) | 0.9% | 0.2% | −0.6 pts | −10,873 sh | −67% |
| Exited | iShares Short Term Nat Muni Bd (SUB) | 0.3% | — | −0.3 pts | −4,300 sh | −100% |
| Reduced | Microsoft Corporation (MSFT) | 5.6% | 6.2% | +0.7 pts | −815 sh | −3% |
| Exited | eBay Inc (EBAY) | 0.2% | — | −0.2 pts | −4,800 sh | −100% |
| Exited | UGI Corporation (UGI) | 0.1% | — | −0.1 pts | −5,925 sh | −100% |
| Increased | Fidelity High Dividend (FDVV) | 0.2% | 0.4% | +0.1 pts | +5,300 sh | +69% |
| Exited | WEC Energy Group (WEC) | 0.1% | — | −0.1 pts | −2,150 sh | −100% |
| Exited | Corteva Inc (CTVA) | 0.1% | — | −0.1 pts | −3,352 sh | −100% |
| New | Honeywell International Inc (HON) | — | 0.1% | +0.1 pts | +975 sh | new |
| New | Vanguard Info Technology (VGT) | — | 0.1% | +0.1 pts | +455 sh | new |
| Reduced | Vgd Int Term Bond Index Fund (BIV) | 0.8% | 0.6% | −0.2 pts | −2,592 sh | −19% |
| Reduced | Apple Inc (AAPL) | 5.2% | 5.8% | +0.7 pts | −780 sh | −2% |
| Reduced | WideOpenWest Inc (WOW) | 1.4% | 1.0% | −0.4 pts | −17,606 sh | −9% |
| Reduced | Vanguard Muni Bond (VTEB) | 0.5% | 0.4% | −0.1 pts | −2,643 sh | −19% |
| Increased | iShares National Muni (MUB) | 0.2% | 0.3% | +0.1 pts | +1,225 sh | +41% |
| Increased | American Tower Corp (AMT) | 0.9% | 1.0% | 0.0 pts | +660 sh | +10% |
| Reduced | Verizon Communications (VZ) | 0.4% | 0.3% | −0.1 pts | −3,250 sh | −23% |
| Increased | Unilever PLC (UL) | 0.5% | 0.5% | +0.1 pts | +1,700 sh | +13% |
| Increased | Invesco S&P 500 Eq Wt (RSP) | 1.4% | 1.4% | +0.1 pts | +551 sh | +4% |
| Increased | iShares Core Moderate Allocati (AOM) | 0.6% | 0.6% | 0.0 pts | +2,004 sh | +10% |
| Reduced | Intuit Inc (INTU) | 3.0% | 2.9% | 0.0 pts | −175 sh | −2% |
| Reduced | Vanguard Div Appreciation (VIG) | 1.0% | 1.0% | 0.0 pts | −460 sh | −5% |
| Reduced | Colgate-Palmolive Co (CL) | 0.5% | 0.4% | 0.0 pts | −775 sh | −8% |
| Reduced | Invesco QQQ Trust (QQQ) | 0.4% | 0.4% | 0.0 pts | −150 sh | −9% |
| Reduced | Pepsico Inc (PEP) | 1.4% | 1.3% | 0.0 pts | −270 sh | −3% |
| Reduced | UnitedHealth Group Inc (UNH) | 0.9% | 0.9% | 0.0 pts | −90 sh | −3% |
| Increased | Vanguard Short Term Bond Index (BSV) | 0.9% | 0.9% | 0.0 pts | +572 sh | +3% |
| Reduced | Oracle Corp (ORCL) | 2.3% | 2.9% | +0.5 pts | −325 sh | −1% |
| Reduced | United Parcel Service Inc (UPS) | 1.4% | 1.3% | −0.2 pts | −200 sh | −2% |
| Reduced | Cisco Systems Inc (CSCO) | 1.5% | 1.4% | −0.1 pts | −675 sh | −2% |
| Reduced | Disney Walt Company (DIS) | 0.4% | 0.3% | −0.1 pts | −375 sh | −7% |
| Reduced | Chevron Corp (CVX) | 1.5% | 1.4% | −0.1 pts | −200 sh | −2% |
| Reduced | Costco Wholesale Corp (COST) | 2.7% | 2.8% | +0.1 pts | −58 sh | −1% |
| Reduced | UniFirst Corp (UNF) | 0.5% | 0.4% | −0.1 pts | −200 sh | −5% |
| Reduced | Waste Management Inc (WM) | 1.2% | 1.2% | 0.0 pts | −175 sh | −2% |
| Reduced | JP Morgan Chase & Co (JPM) | 1.1% | 1.1% | +0.1 pts | −200 sh | −2% |
| Increased | iShares Core MSCI EAFE (IEFA) | 1.0% | 1.0% | 0.0 pts | +430 sh | +2% |
| Reduced | Invesco Preferred (PGX) | 1.0% | 0.9% | −0.1 pts | −2,500 sh | −2% |
| Reduced | Lowes Companies Inc (LOW) | 1.5% | 1.6% | +0.1 pts | −125 sh | −1% |
| Reduced | Paychex Inc (PAYX) | 1.6% | 1.6% | −0.1 pts | −250 sh | −1% |
| Reduced | Essential Utilities Inc (WTRG) | 0.9% | 0.8% | −0.1 pts | −700 sh | −2% |
| Increased | Alphabet Inc Cl A (GOOGL) | 1.7% | 1.9% | +0.2 pts | +225 sh | +1% |
| Reduced | iShares Russell 2000 Index (IWM) | 1.6% | 1.6% | 0.0 pts | −140 sh | −1% |
| Reduced | Berkshire Hathaway Inc Cl B (BRK-B) | 2.6% | 2.7% | +0.2 pts | −75 sh | −1% |
| Reduced | Starbucks Corp (SBUX) | 1.3% | 1.2% | −0.1 pts | −230 sh | −1% |
| Reduced | Consolidated Edison Inc (ED) | 0.4% | 0.3% | 0.0 pts | −250 sh | −5% |
| Reduced | American Express (AXP) | 1.6% | 1.6% | 0.0 pts | −125 sh | −1% |
| Reduced | ConocoPhillips (COP) | 0.6% | 0.6% | 0.0 pts | −200 sh | −2% |
| Reduced | Becton Dickinson & Co (BDX) | 1.0% | 1.0% | 0.0 pts | −75 sh | −1% |
The 50 largest of 85 changes, by size of the trade. Full holdings for this quarter.
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 31.8% of the equity book
Changes in the top 10 this quarter: GOOGL entered · WRB left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | Microsoft Corporation (MSFT) | 5.6% | 6.2% | |
| 2 | Apple Inc (AAPL) | 5.2% | 5.8% | |
| 3 | Globus Medical Inc (GMED) | 2.9% | 3.0% | |
| 4 | Intuit Inc (INTU) | 3.0% | 2.9% | |
| 5 | Oracle Corp (ORCL) | 2.3% | 2.9% | |
| 6 | Costco Wholesale Corp (COST) | 2.7% | 2.8% | |
| 7 | Berkshire Hathaway Inc Cl B (BRK-B) | 2.6% | 2.7% | |
| 8 | Alphabet Inc Cl A (GOOGL) | 1.7% | 1.9% | Entered the top 10 |
| 9 | Merck & Co (MRK) | 1.7% | 1.8% | |
| 10 | Procter & Gamble (PG) | 1.8% | 1.8% | |
| — | Berkley W R Corporation (WRB) | 1.7% | 1.6% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).