Portfolio Changes: A Look at Shamrock Asset Management LLC's Q2 2019 vs. Q3 2019 Holdings

Shamrock Asset Management LLC, a registered investment advisor based in Dublin, Ohio, recently filed its 13F holdings report with the Securities and Exchange Commission for the third quarter of 2019. The report detailed the firm's holdings at the end of the third quarter compared to the end of the second quarter. In this blog post, we will analyze the changes in Shamrock Asset Management LLC's holdings, highlighting top gainers and losers, significant transactions, and investment strategies that informed these changes.

Main Body:

Overall, Shamrock Asset Management LLC held a total of 60 securities in its portfolio with a value of $104,867,000. This is compared to the 62 securities it held at the end of Q2 2019 with a total value of $105,299,000. The slight decrease in the number of securities can be attributed to the firm's decision to sell some of its shares and invest in stocks that show greater growth potential.

One of the sharpest declines in Shamrock Asset Management LLC's holdings was the Pacer TrendPilot US Large Cap ETF (PTLC), which saw a 7.4% decrease in shares from Q2 to Q3. The firm sold approximately 50,120 shares of the ETF, valued at $17524,000, reducing its holdings to 522,457 shares valued at $16233,000 in total. The iShares Core MSCI Emerging Markets ETF (IEMG) also saw a significant decline in shares with a 10.6% decrease from Q2 to Q3. The firm sold 10,101 shares of IEMG, valued at $8324,000, bringing its holdings down to 151,724 shares valued at $7438,000.

However, not all of Shamrock Asset Management LLC's holdings decreased in value. There were several stocks that showed strong gains during this period. The Home Depot (HD) gained 7.9%, with the firm purchasing an additional 353 shares, bringing its holdings up to 10,372 shares valued at $2406,000. Another stock that showed gains was McDonald's Corporation (MCD), which gained 3.3% with the firm buying an additional 320 shares, bringing its total to 4655 shares valued at $999,000.

The firm also made several notable transactions during this period. One of the most significant transactions was selling all of its shares in the Fidelity MSCI Financials Index ETF (FNCL) valued at $696,000. Shamrock Asset Management LLC also purchased 3,260 additional shares of the iShares Core S&P Total US Stock Market ETF (ITOT), valued at $812,000, indicating a shift towards investing in US stock markets.

In terms of investment strategy, Shamrock Asset Management LLC has shown a preference for investing in large-cap stocks. The firm's top holdings include familiar names such as Microsoft (MSFT), Procter & Gamble (PG), and Amazon.com Inc (AMZN). Additionally, the firm seems to have shifted its focus towards investing in the US stock market, as evidenced by its purchase of additional shares in ITOT.

Conclusion:

Overall, Shamrock Asset Management LLC's Q2 2019 vs. Q3 2019 13F holdings report shows a mixture of gains and losses, with the firm selling some holdings and investing in other stocks that show greater potential. The firm's investment strategy seems to be focused on large-cap stocks, with a particular focus on the US stock market. It will be interesting to see how these holdings change in the future and whether Shamrock Asset Management LLC continues to shift its focus towards investing in US stock markets.