Macnealy Hoover Investment Management Inc Q2 2019 vs. Q3 2019 13F Holdings Comparison

In the world of finance, investment management firms act as a major driving force in the financial markets. These firms are responsible for managing the assets of high-net-worth individuals, pension funds, and other institutional investors. One of the most important responsibilities of an investment management firm is to make investment decisions based on market trends and analysis. In this blog post, we will be discussing the changes in holdings of Macnealy Hoover Investment Management Inc from Q2 2019 to Q3 2019.

Macnealy Hoover Investment Management Inc is a registered investment adviser that provides investment management services to high-net-worth individuals, family offices, and institutional clients. The investment management firm recently released its 13F filings for Q2 2019 and Q3 2019, which provide details of the firm's holdings in publicly traded securities.

The 13F report shows that Macnealy Hoover Investment Management Inc held 51 securities in Q2 2019, with a total value of $96,506,000. In Q3 2019, the firm's total number of holdings decreased to 48, with a total value of $92,708,000. The report shows that the investment firm made significant changes in the portfolio during these two quarters.

One of the significant changes made by Macnealy Hoover Investment Management Inc was to reduce its holdings in DuPont De Nemours Inc by 21.3% from 11,486 shares to 9,502 shares. The value of these shares also decreased from $862,000 to $678,000. Similarly, the firm's holdings in Deere & Co decreased by 1.8% from 9,700 shares to 9,700 shares, with a total value of $1,636,000.

Another significant change was an increase in holdings of Amazon Com Inc by 9.6%, from 356 shares to 351 shares. However, there was a decrease in the value of these shares from $674,000 to $609,000.

Macnealy Hoover Investment Management Inc sold its entire stake in Dow Inc, American Natl Bankshares Inc, and Corteva Inc. The firm held 11,670 shares of Dow Inc, with a total value of $575,000 in Q2 2019, but sold all of its holdings in the company by Q3 2019. The firm held a total of 6,801 shares in American Natl Bankshares Inc, with a total value of $264,000 in Q2 2019, but sold all of its holdings in the company by Q3 2019. Similarly, the firm held a total of 7,676 shares in Corteva Inc, with a total value of $227,000 in Q2 2019, but sold all of its holdings in the company by Q3 2019.

Overall, the report shows that Macnealy Hoover Investment Management Inc made some significant changes in its portfolio from Q2 2019 to Q3 2019. The investment management firm reduced its exposure in some companies, while increasing its exposure in others. The firm's decision to sell its entire stake in Dow Inc, American Natl Bankshares Inc, and Corteva Inc shows that the company is confident in its investment strategies and is not afraid to make bold moves.

In conclusion, analyzing the holdings of investment management firms like Macnealy Hoover Investment Management Inc can provide insights into the investment trends and strategies of these firms. While the changes in holdings may seem small, they can have a significant impact on the overall performance of the portfolio. Investors should always pay close attention to the holdings of their investment management firms to ensure that they are meeting their investment goals and objectives.