Ruggie Capital Group: Analyzing Q2 vs. Q3 2020 13F Holdings Performance

The world of finance is full of surprises. Investors are always on the lookout for new opportunities to make profits, and one of the ways they achieve that is by analyzing 13F holdings reports. These reports reveal the changes that investment firms make to their holdings every quarter. One such company is Ruggie Capital Group, which recently released its 13F holdings reports for the Q2 and Q3 of 2020. In this blog post, we will look at the performance of Ruggie Capital's holdings in these two quarters and analyze the reasons behind these changes.

In the first quarter of 2020, Ruggie Capital's 13F holdings report showed that the company held 35 stocks with a total value of $2.39 million. This value decreased to $2.36 million in the second quarter, but the company increased the number of stocks it held to 37. In the third quarter, the company increased the total value of its holdings to $2.59 million, with the number of stocks held remaining at 37.

The top five holdings of Ruggie Capital Group in Q3 2020 were Crown Castle International Corp, Invesco Actively Managed ETF, Brown & Brown Inc, Berkshire Hathaway, and iShares Gold ETF. The company increased its holding in Crown Castle International Corp by 0.6%, with 1042 shares held, and the value of these shares was $174,000. This growth can be attributed to the strong performance of the telecommunications industry in the current market.

Ruggie Capital also increased its holdings in Brown & Brown Inc by 12.1%, with 2247 shares held and the value of these shares at $102,000. The insurance industry has been seeing growth, and Brown & Brown Inc was among the companies benefiting from this trend. The increase in holdings of Berkshire Hathaway by 359.1% came as a surprise, as the company had been seeing a steady decline in its stock prices prior to the Q3 13F filings. It seems that Ruggie Capital Group saw an opportunity to invest in the company when its shares were undervalued.

The most noteworthy change in the company's holdings was the addition of Invesco Actively Managed ETF to its portfolio in Q3 2020. The company held no shares in this ETF in the Q2 2020 report, and in Q3, the number of shares grew to 2554 with a value of $129,000. The ETF consists of 500 large-cap stocks, making it a relatively safe alternative for investors who want to enter the market.

In conclusion, Ruggie Capital Group's 13F holdings report shows a positive trend in Q3 2020, with an increase in the total value of holdings and the number of shares held. The company's decision to invest in the Invesco Actively Managed ETF could be a sign of a shift towards more ETFs in the portfolio. The increase of 359.1% in holdings of Berkshire Hathaway is an indication of how Ruggie Capital spotted an opportunity when the stock was undervalued. With the ongoing pandemic, it remains to be seen how these investments will perform in the coming months.