Analyzing the Q1 and Q2 2020 Holdings of Piedmont Investment Advisors Inc

As an investor, it's crucial to understand the shifts and changes that occur in fund holdings. With the release of Piedmont Investment Advisors Inc's Q1 and Q2 2020 13F holdings comparison, investors have a unique opportunity to analyze the data and gain insights into the fund's strategy.

The 13F form is a quarterly report filed by institutional investment managers (such as Piedmont Investment Advisors Inc) that shows their equity holdings as of the end of the quarter. The report is filed with the Securities and Exchange Commission (SEC) and is available to the public. The comparison of Piedmont Investment Advisors Inc's Q1 and Q2 13F holdings is a valuable tool for investors to determine whether to invest in the fund.

Issuer Name Changes

One of the most significant changes in Piedmont Investment Advisors Inc's holdings is the sell-off of all of its shares in Microsoft Corporation (MSFT), Apple Inc (AAPL), Amazon.com Inc (AMZN), Facebook Inc. Class A (META), Alphabet Inc. Class A (GOOGL), Visa Inc. Class A (V), Alphabet Inc. Class C (GOOG), Merck & Co. Inc (MRK), UnitedHealth Group Inc (UNH), and Mastercard Inc. Class A (MA).

It is important to note that all of these issuers represent major companies in the technology, healthcare, and financial sectors. Selling off all shares in these companies indicates a significant shift in Piedmont Investment Advisors Inc's portfolio strategy.

New Holdings

Piedmont Investment Advisors Inc also expanded its portfolio to include new holdings in several companies. The fund purchased 213,545 shares in Advanced Micro Devices Inc (AMD). This purchase signifies the company's confidence in the technology sector, particularly in the semiconductor industry. Another significant purchase was the acquisition of 42,000 shares in Johnson Controls International PLC (JCI), representing the fund's interest in the manufacturing industry.

Reduction in Holdings

Piedmont Investment Advisors Inc also made significant reductions in holdings in Pfizer Inc (PFE), Coca-Cola Co (KO), Bristol-Myers Squibb Co (BMY), and Qualcomm Inc (QCOM). The fund sold all of its shares in Pfizer Inc and Coca-Cola Co, reducing its holdings in Bristol-Myers Squibb Co by 6.19%, and its position in Qualcomm Inc by 6.74%.

Value of Holdings

Piedmont Investment Advisors Inc's Q1 and Q2 2020 13F holdings report shows several changes in the total value of the fund's holdings. The total value of its holdings in MSFT, AAPL, AMZN, META, GOOGL, V, GOOG, MRK, UNH, MA, and PEP decreased by 100%. In contrast, the total value of the fund's holdings in Advanced Micro Devices Inc (AMD) increased by 150%. The total value of holdings in AbbVie Inc (ABBV), Procter & Gamble Co (PG), and The Estée Lauder Companies Inc (EL) increased by 7.30%, 10.77%, and 35.42%, respectively.

Conclusion

It is essential for investors to understand that the Q1 and Q2 2020 13F holdings comparison of Piedmont Investment Advisors Inc shows a significant shift in the fund's portfolio strategy. The sale of holdings in major companies such as Microsoft Corporation, Apple Inc, and Amazon.com Inc, and the introduction of new investments indicate a change of focus in the technology, healthcare, and manufacturing sectors.

Investors should note that institutional investors such as Piedmont Investment Advisors Inc have a more profound understanding of the market conditions and can make informed decisions about their holdings. However, the 13F holdings report is an essential tool for investors to make informed decisions about their investments. By keeping an eye on changes in holdings, investors can stay on top of market trends and adjust their portfolios accordingly.