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

According to the SEC 13F filed on May 12, 2023, the Alapocas Investment Partners portfolio showed several notable changes in holdings as of quarter-end Mar 31, 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