LifePlan Financial Group's Q2-Q3 2020 13F Holdings Comparison: Notable Changes in Investment Strategies.

Investment fund managers are in a constant search for the next big thing, and by looking at LifePlan Financial Group's Q2 2020 vs. Q3 2020 13F holdings comparison, one can get a glimpse of the changes in holdings that reflect the fund manager's strategic moves to stay ahead of the game.

By analyzing the summary data, we can see that the fund managers made a few strategic moves such as adding to their stake in some companies, dropping others and investing in new ones. Let's take a look at some of the significant changes observed.

Adding to Stakes:

One of the most notable additions to the fund's holdings is in Apple Inc. During Q2 2020, the fund held 1,108 shares worth $404,000, which later increased to 5,097 shares worth $590,000 in Q3 2020. This marks a significant 46% increase in the number of shares held by the fund. It's worth noting that Apple Inc.'s stock price has also been soaring, increasing by almost 76% since the beginning of the year.

The fund also added to its stake in Microsoft Corp. During Q2 2020, the fund held 2,977 shares worth $606,000 in the tech giant. However, as of Q3 2020, the fund had increased its holdings to 2,858 shares, now worth $601,000. Although the fund manager reduced the number of shares held, the stock's value remains relatively stable.

Dropping Some Holdings:

The fund manager dropped its holding in Vanguard Tax-Managed Intl FD, a mutual fund that invests in foreign stocks. During Q2 2020, the fund held 142,672 shares of the fund worth $5.5 million. However, by Q3 2020, it had reduced its holdings to 125,609 shares worth $5.1 million. This represents a drop of 7.2% in the number of shares held by the fund.

The same fate befell the Invesco Exchange-Traded FD T-RSP. The fund manager reduced its holdings in the fund from 24,274 shares worth $2.47 million in Q2 2020 to just 18,853 shares worth $2.04 million in Q3 2020. This represents a significant drop of 17.5% in the number of shares held by the fund.

Investing in New Ones:

During Q3 2020, the fund manager invested in VanEck Vectors ETF TR-ANGL, a fund that invests in high-yield bonds issued by distressed companies. The fund purchased 26,605 shares of the ETF worth $2.6 million during the quarter, making it one of the significant investments made during the period. The fund also invested in FlexShares TR-GUNR, a fund that focuses on investing in companies that are engaged in sustainability and resource efficiency efforts. The fund purchased 78,633 shares of the fund worth $2.1 million.

In conclusion, the changes in holdings made by the LifePlan Financial Group's fund manager demonstrate the importance of staying nimble and reacting to market conditions. By adding to its holdings in Apple and Microsoft, the fund stands to gain from the stocks' impressive performance in the tech sector. Similarly, reducing its holdings in Vanguard Tax-Managed Intl FD and Invesco Exchange-Traded FD T-RSP suggests the fund manager's caution in an uncertain economic climate. Finally, investing in new ETFs such as VanEck Vectors ETF TR-ANGL and FlexShares TR-GUNR shows the fund's forward-looking investment strategy, keeping pace with the latest trends in the market.