Comparing Independence Wealth Advisors' Q3 and Q4 2020: Changes in 13F Holdings

As we transitioned from the third quarter of 2020 to the fourth, Independence Wealth Advisors, Inc. saw significant changes in their 13F holdings. Looking at the data, it's clear that decisions were made to redistribute shares across multiple issuers. In this blog post, we will take a closer look at the changes in holdings, including which issuers gained and lost the most shares, and what these numbers might mean for Independence Wealth Advisors going forward.

Introduction: What are 13F Holdings?

Before we dive too deeply into the data, it's essential to understand exactly what '13F holdings' refers to. In the United States, investment firms with more than $100 million in assets must file a quarterly report (known as a 13F) with the Securities and Exchange Commission, detailing their holdings. The report includes information on the company in which an investment was made, the number of shares held, and the total value of the holdings. These filings provide valuable insights into what investment firms are doing and thinking about the market.

Q3 2020 vs. Q4 2020: Changes in Holdings

Independence Wealth Advisors, Inc. made a significant move towards the ISHARES S&P 500 GROWTH ETF (IVW) in the fourth quarter, increasing their holdings from 44,203 shares to 172,421 shares. This amounted to a 7.7% increase in the value of their holdings, a substantial change in just one quarter. In contrast, the ISHARES CORE DIVIDEND GROWTH ETF (DGRO) was absent from their Q3 holdings but saw a sudden uptake in Q4, with 4,634 shares. However, this only accounted for 0.9% of their total portfolio worth, indicating that the investment firm is still placing its focus on other investments. Other significant changes noted in the data include the ISHARES CORE S&P MID CAP ETF (IJH), which saw a 20.4% increase in shares from 35,380 to 34,337. The ISHARES RUSSELL 1000 VALUE ETF (IWD) also saw a 19.9% increase from 42,963 shares to 44,494. Some of the changes, however, were more negligible. For instance, the ISHARES CORE MSCI EMERGING MARKETS ETF (IEMG) saw an increase of only 17.6%, moving from 25,700 shares to 25,700 shares. Similarly, the ISHARES S&P 500 VALUE ETF (IVE) saw no remarkable change, with just five less shares (7526) in Q4 as compared to Q3 (7521).

What Do These Changes Mean for Independence Wealth Advisors?

By analyzing the data, one can conclude that Independence Wealth Advisors is taking a more significant risk with their investments in Q4, as the data indicates a shift towards ETFs with higher risk and more potential for growth. The change in investment choices could be an effort to prioritize long-term goals over immediate returns, and the addition of the ISHARES CORE DIVIDEND GROWTH ETF (DGRO) supports this theory. It's essential to note, however, that this is all inferences to the data provided by Independence Wealth Advisors. The reasoning behind the choices, which have led to these changes, are not a matter of public record.

Conclusion

In conclusion, Independence Wealth Advisors' Q3 2020 vs. Q4 2020 changes in 13F holdings show some notable investment choices. With a significant increase in holdings under ISHARES S&P 500 GROWTH ETF (IVW), plus notable moves in ISHARES CORE S&P MID CAP ETF (IJH) and ISHARES RUSSELL 1000 VALUE ETF (IWD), the company is displaying an inclination towards riskier investments. While the exact reasoning behind these shifts remain unclear, it is essential to keep an eye out for future changes made by Independence Wealth Advisors through their 13F filings.