Private Wealth Advisors, Inc. Q3 2020 vs. Q4 2020 13F Holdings Comparison

The end of every quarter marks an important time for investors and fund managers alike as they file their 13F holdings with the SEC. Such filings offer investors a glimpse into the portfolio and investment strategy of the firms they entrust with their capital. In this blog post, we review the Q3 2020 vs. Q4 2020 13F holdings comparison of Private Wealth Advisors, Inc., one of the leading investment managers in the market. We analyze the changes in the firm's holdings across various sectors and tickers, offer our perspective on the shifts, and explore what they could indicate about the broader market trends.

Sector Overview

Private Wealth Advisors' Q4 2020 holdings demonstrated a clear preference for the Technology sector, comprising 36% of their total holdings, followed by Consumer Discretionary (12%) and Healthcare (11%). The Q3 2020 holdings mirrored this trend, with the same three sectors leading the pack, albeit with slightly different percentages. The Industrial sector witnessed the most significant growth, where holdings increased from 2% to 7%, while the Utilities sector saw a decrease in holdings from 2% to 1%.

Ticker Overview

Apple Inc. (AAPL) retained the top spot in Private Wealth Advisors' holdings, with shares increasing by 3%, indicating the firm's continued bullishness on the technology giant, despite a slight decrease in value percentage change. Amazon.com Inc. (AMZN) dropped by 4% in the number of shares held, indicating a bearish shift for the e-commerce giant. Alphabet Inc. (GOOGL) saw a 10.9% surge in shares held, indicating a strong bullish position, and Microsoft Corp. (MSFT) edged up by 3.5% in shares held, adding to the technology sector's dominance in the company's holdings.

Invesco QQQ Trust (QQQ) holdings decreased by 8%, calling the future of this ETF into question, as it caters to the technology sector. The decline follows a significant rally of tech stocks in the past year, a trend that may have prompted Private Wealth Advisors to pivot to other sectors to balance their portfolio. Walmart Inc. (WMT) also saw a bearish shift, reducing their holdings by 12%. Johnson & Johnson (JNJ) holdings shrank by 1.1%, a minor decrease but an unusual move for the healthcare giant.

Moving away from the traditional holdings, cryptocurrency-related assets have caught the interest of investors and fund managers. Grayscale Bitcoin Trust (GBTC) saw an impressive surge in holdings from 0 to 16,345 shares, showing a growing appetite for cryptocurrencies' exposure. Similarly, Microstrategy Incorporated (MSTR) and Square Inc. (SQ) holdings surged from 0 in Q3 2020 to 1,048 and 1,408 shares, respectively, indicating a willingness to explore alternative investments.

Conclusion

Private Wealth Advisors' Q3 2020 vs. Q4 2020 13F holdings comparison sheds light on the investment managers' strategy and outlook for the future. The shift away from traditional holdings towards alternative investment options indicates a willingness to explore different investment avenues to balance the portfolio. While the technology sector continues to dominate its holdings, the significant growth in other sectors showcases a broad asset allocation strategy.

As always, it is essential to note that the 13F filings reflect only a part of the portfolio and do not include over-the-counter trades or cash positions. However, they offer a unique insight into the investment strategy of firms and their outlook for the future. The shifts in Private Wealth Advisors' holdings indicate a nuanced strategy that seeks diversification while maintaining a bullish stance on the technology sector.