Investment Report: Analysis of Old Dominion Capital's Q2 and Q3 2021 Holdings

Old Dominion Capital Management Inc, a well-known investment management firm that offers high-quality investment solutions to its clients, recently disclosed its Q2 and Q3 13F filings. The Securities and Exchange Commission (SEC) requires all institutional investment managers with at least $100 million in assets under management to file a Form 13F, which lists the firm's equity holdings on a quarterly basis.

This strategy provides a transparent view of the firm's activities, providing valuable insight into the firm's investment decisions and indicating where it sees opportunities in the market. This article will explore the Old Dominion Capital Management Inc Q2 2021 vs. Q3 2021 13F Holdings Comparison.

Changes in Fund Holdings

The report reveals that Old Dominion Capital Management Inc added new positions and exited some others. In Q3 2021, the total value of the fund was $518,894, with total shares of 6,244,091. Comparatively, in Q2 2021, the total value was $470,166, with a total number of 5,720,893 shares. A percentage increase of 10.36% was recorded relative to the last quarter's 13F holdings.

In Q3 2021, the Vanguard Short-Term Government Bond ETF (VGSH) was the firm's largest holding, with a 55.5% increase to 289,724 shares, valued at $17,792, compared to the previous quarter. Intuit Inc (INTU) came in second place, with the firm holding 31,581 shares, worth $17,038, and a decrease of 1.09% from its Q2 holdings.

Old Dominion increased their holdings in iShares Floating Rate Bond ETF (FLOT) by 18%, from 189,405 shares worth $9,626 to 223,495 shares worth $11,362. Texas Instruments Inc (TXN) on the other hand, decreased 1% from 64,653 to 64,063 shares from Q2 to Q3 2021, valued at $12,314 and $12,433, respectively.

Other notable holdings of the fund that saw an increase in Q3 compared to Q2 are Adobe Systems Inc (ADBE) with 2.3%, Facebook Inc CL A (META) -1.1%, and Canadian Pacific Railway Ltd (CP.TO) -15.1%. Meanwhile, some holdings experienced a decrease, like Dominion Energy Inc (D) -0.3%, and Kimberly-Clark Corporation (KMB) -1.2%.

Conclusion

The results released in Old Dominion Capital Management's Q2 and Q3 13F filings reveal numerous investment purchases and sales. The firm's decision to make new investments and exit some existing holdings suggests an optimistic outlook on the market's future. This shareholder transparency provides existing and potential clients with the opportunity to examine the firm's investment decisions and make more informed investment choices. Old Dominion's continued success in updating their portfolio quarterly further enhances their reputation as a leading investment firm.