David Lemons - Alapocas Investment Partners 13F Activity & Position Changes (Q1 2023)

As of Mar 31, 2023, the Alapocas Investment Partners portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on May 12, 2023. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q1 2023, the filing reported:

New Buys - Applied Materials, Inc., Microsoft Corporation

Increases - Adobe Inc., Automatic Data Processing, Inc., American Tower Corporation (REI, Amazon.com, Inc., Copart, Inc., and 4 more

Reductions - Apple Inc., Costco Wholesale Corporation, Mastercard Incorporated, Moody's Corporation, Ferrari, and 4 more

Complete Exits - None reported

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q1 2023	AAPL Apple Inc.	Apple Inc.	Sell	-1,022	-1.4%	$11.90M	72,155
Q1 2023	ADBE Adobe Inc.	Adobe Inc.	Buy	+3,292	+18.5%	$8.11M	21,052
Q1 2023	ADP Automatic Data Processing, Inc.	Automatic Data Processing, Inc.	Buy	+186	+2.5%	$1.71M	7,686
Q1 2023	AMAT Applied Materials, Inc.	Applied Materials, Inc.	Buy - Position Entry	+155	-	$19.04K	155
Q1 2023	AMT American Tower Corporation (REI	American Tower Corporation (REI	Buy	+1,004	+3.3%	$6.45M	31,577
Q1 2023	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Buy	+8,369	+10.6%	$9.06M	87,692
Q1 2023	COST Costco Wholesale Corporation	Costco Wholesale Corporation	Sell	-479	-3.3%	$7.08M	14,255
Q1 2023	CPRT Copart, Inc.	Copart, Inc.	Buy	+4,492	+4.2%	$8.41M	111,826
Q1 2023	DHR Danaher Corporation	Danaher Corporation	Buy	+238	+1.0%	$6.21M	24,637
Q1 2023	GOOG Alphabet Inc.	Alphabet Inc.	Buy	+5,356	+6.4%	$9.27M	89,097
Q1 2023	GOOGL Alphabet Inc.	Alphabet Inc.	Buy	+500	+14.5%	$408.70K	3,940
Q1 2023	MA Mastercard Incorporated	Mastercard Incorporated	Sell	-17	-0.4%	$1.58M	4,358
Q1 2023	MCO Moody's Corporation	Moody's Corporation	Sell	-611	-2.7%	$6.81M	22,268
Q1 2023	MSFT Microsoft Corporation	Microsoft Corporation	Buy - Position Entry	+335	-	$96.58K	335
Q1 2023	RACE Ferrari	Ferrari	Sell	-3,463	-13.9%	$5.81M	21,458
Q1 2023	STLA Stellantis	Stellantis	Sell	-2,016	-0.4%	$8.80M	483,744
Q1 2023	TJX TJX Companies, Inc. (The)	TJX Companies, Inc. (The)	Sell	-1,550	-1.8%	$6.65M	84,909
Q1 2023	TREX Trex Company, Inc.	Trex Company, Inc.	Buy	+9,931	+7.9%	$6.63M	136,238
Q1 2023	UNH UnitedHealth Group Incorporated	UnitedHealth Group Incorporated	Sell	-413	-2.8%	$6.74M	14,259
Q1 2023	V Visa Inc.	Visa Inc.	Sell	-450	-1.1%	$9.08M	40,294