Analyzing the Q3 vs. Q4 2020 13F Holdings Changes by USA Mutuals Advisors, Inc.

In the financial world, companies with significant investments in the stock market must submit a 13F form indicating their holdings to the SEC each quarter. This information is then made available to the general public, allowing investors to uncover new insights into how some of the most prominent institutions are shaping their investments. This article analyzes the Q3 vs. Q4 2020 13F holdings changes made by USA Mutuals Advisors, Inc.

USA Mutuals Advisors, Inc. is an independent provider of investment solutions and a registered investment adviser with the SEC. The company manages $750 million across 29 holdings, according to its most recent form 13F. This article focuses on the top 15 investments made by USA Mutuals Advisors, Inc.

CAMECO CORP (CCO.TO), one of the top holdings in Q3 2020, remained at the same share level of 500,000 in Q4, but the value of these shares rose significantly from $5,050,000 to $6,695,000, an increase of 32.6%. Another constant top holding was LAS VEGAS SANDS CORP (LVS), with 110,000 shares held during Q3 and Q4; the value also rose 25.9% from $5,133,000 to $6,461,000 in the same period.

DIAGEO PLC (DEO), on the other hand, held the same number of shares in both quarters (39,500), but the value increased 17.5% from $5,438,000 to $6,392,000. A similar scenario took place with RAYTHEON TECHNOLOGIES CORP (RTX), which remained unchanged at 77,958 shares but value increased from $4,486,000 to $5,563,000, a 24% increase.

CONSTELLATION BRANDS INC (STZ) saw an increase in shares held from 19,000 to 19,000 at the same time as the value of these shares increased from $3,601,000 to $4,146,000, showing an increase of 15.1%. GAMING & LEISURE PPTYS INC (GLPI) saw an increase of 385 shares to reach a total of 28,322 in Q4. The value of these shares increased 15.6% from $1,032,000 to $1,193,000.

Notable holdings that saw a decrease in value were DRAFTKINGS INC (DKNG) with 100,000 shares held in Q3 2020 and Q4 2020 but with value depreciating from $5,884,000 to $4,895,000, a decrease of 16.8%. Shares for PHILIP MORRIS INTL INC (PM) decreased in Q4, with 20,000 fewer shares held, driving value down 20.3% from $5,624,000 to $4,481,000.

Additionally, some holdings were completely sold out during Q4, including GENERAL DYNAMICS CORP (GD), THE BOEING CO (BA), and ALTRIA GROUP INC (MO). GENERAL DYNAMICS CORP and THE BOEING CO were both in the top five holdings in Q3 with GD holding 26,500 shares, making it the third-highest, but those shares were completely liquidated. THE BOEING CO, the fifth-highest investment during Q3, was held at 17,000 shares. In contrast, ALTRIA GROUP INC was only held at 40,000 shares in Q3, but they were completely sold during Q4.

In conclusion, USA Mutuals Advisors, Inc. made notable adjustments to its holdings between Q3 and Q4 2020, with some maintaining consistency, and others witnessing fluctuations in both shares and values. It will be interesting to see how these changes impact the market in the coming months.